PORTER-GAUD FOUNDATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
PORTER-GAUD FOUNDATION (EIN 45-2701202)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-02
IRS object ID
201640339349301034
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-02-02T15:48:12-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263745514PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LEGARE BAILEY & HINSKE LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11100 QUEENSBOROUGH BLVD STE 100AddressLine1Txt
CityMT PLEASANTCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29464ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452701202EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PORTER-GAUD FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPORTBusinessNameControlTxt
Phone8435563620PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 ALBEMARLE RDAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29407ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTUCKER BRANHAMPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8435563620PhoneNum
Signature2016-01-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN G NEWTON CPAPreparerPersonNm
PTINP01069683PTIN
Phone8437660400PhoneNum
Preparation2016-01-22PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTUCKER BRANHAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 ALBEMARLE RDAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29407ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,765,504GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PORTERGAUD.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION IS OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF, THE PORTER ACADEMY D/B/A PORTER-GAUD SCHOOL AND ITS AFFILIATED ENTITIES (THE "SUPPORTED CHARITIES"). THE FOUNDATION SUPPORTS THE SUPPORTED CHARITIES BY STIMULATING, RECEIVING AND GRANTING CHARITABLE GIFTS TO ADVANCE PROGRAMS OF EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$917,743PYContributionsGrantsAmt
CY Contributions Grants$2,802,645CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$443,596PYInvestmentIncomeAmt
CY Investment Income$537,573CYInvestmentIncomeAmt
PY Other Revenue$189,721PYOtherRevenueAmt
CY Other Revenue$77,934CYOtherRevenueAmt
PY Total Revenue$1,551,060PYTotalRevenueAmt
CY Total Revenue$3,418,152CYTotalRevenueAmt
PY Grants And Similar Paid$509,847PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$515,254CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$16,748PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$70,581CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$922,082CYTotalFundraisingExpenseAmt
PY Other Expenses$628,021PYOtherExpensesAmt
CY Other Expenses$851,501CYOtherExpensesAmt
PY Total Expenses$1,154,616PYTotalExpensesAmt
CY Total Expenses$1,437,336CYTotalExpensesAmt
PY Revenues Less Expenses$396,444PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,980,816CYRevenuesLessExpensesAmt
Total Assets BOY$14,805,976TotalAssetsBOYAmt
Total Assets EOY$16,687,796TotalAssetsEOYAmt
Total Liabilities BOY$106,634TotalLiabilitiesBOYAmt
Total Liabilities EOY$109,903TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$14,699,342NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$16,577,893NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE FOUNDATION IS OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF, THE PORTER ACADEMY D/B/A PORTER-GAUD SCHOOL AND ITS AFFILIATED ENTITIES (THE "SUPPORTED CHARITIES"). THE FOUNDATION SUPPORTS THE SUPPORTED CHARITIES BY STIMULATING, RECEIVING AND GRANTING CHARITABLE GIFTS TO ADVANCE PROGRAMS OF EDUCATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$515,254ExpenseAmt
Grant$515,254GrantAmt
DescGRANTS, ALLOCATIONS AND OTHER TRANSFERS OF FOUNDATION ASSETS TO SUPPORTED ORGANIZATIONS FOR USE IN THEIR PROGRAMS AND OPERATIONS.Desc
Total Program Service Expenses$515,254TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PORTER-GAUD SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8435563620PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 ALBEMARLE RDAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29407ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
D DUBOSE EGLESTON JR
EX OFFICIO10.00Yes (X)$0$283,428$34,535
HENRY M CHEVES JR
CHAIR5.00Yes (X)$0$0$0Yes (X)
LISA WEITZ
TRUSTEE5.00Yes (X)$0$0$0
ADRIANE Z MCAVOY
TRUSTEE5.00Yes (X)$0$0$0
LUTHER COCHRANE
VICE CHAIR5.00Yes (X)$0$0$0Yes (X)
MARTIN SKELLY
TRUSTEE5.00Yes (X)$0$0$0
KEITH SAULS
TRUSTEE5.00Yes (X)$0$0$0
DONNA FRIEDMAN
TRUSTEE5.00Yes (X)$0$0$0
JIM SCULLY
TRUSTEE5.00Yes (X)$0$0$0
LINDA PORTER
TRUSTEE5.00Yes (X)$0$0$0
DOUG SNYDER
EX OFFICIO5.00Yes (X)$0$0$0
BOB SCOTT
EX OFFICIO5.00Yes (X)$0$0$0
TUCKER BRANHAM
DIRECTOR40.00$0$122,296$17,443Yes (X)
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$405,724TotReportableCompRltdOrgAmt
Total Other Compensation$51,978TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$2,802,645AllOtherContributionsAmt
Noncash Contributions$90,642NoncashContributionsAmt
Total Contributions$2,802,645TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$524,567TotalRevenueColumnAmt
Exclusion$524,567ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$251,238SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$238,232SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$13,006SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,006TotalRevenueColumnAmt
Related Or Exempt Func Income$13,006RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$182,732FundraisingGrossIncomeAmt
Fundraising Direct Expenses$102,100FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$80,632TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$4,322GrossSalesOfInventoryAmt
Cost Of Goods Sold$7,020CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,698TotalRevenueColumnAmt
Related Or Exempt Func Income-$2,698RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,418,152TotalRevenueColumnAmt
Related Or Exempt Func Income$10,308RelatedOrExemptFuncIncomeAmt
Exclusion$524,567ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$515,254TotalAmt
Program Services$515,254ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$70,581TotalAmt
Fundraising$70,581FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,775TotalAmt
Fundraising$4,775FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$44,899TotalAmt
Fundraising$44,899FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,414TotalAmt
Fundraising$7,414FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$85,028TotalAmt
Fundraising$85,028FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$503,450TotalAmt
Fundraising$503,450FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmt
BAD DEBT$156,808$156,808
OTHER SUPPORTING ORG$19,830$19,830
SOFTWARE MAINTENANCE$18,014$18,014
BANK AND CREDIT CARD FEES$5,925$5,925

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,358TotalAmt
Fundraising$5,358FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,437,336TotalAmt
Program Services$515,254ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$922,082FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$599,193BOYAmt
EOY$571,125EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$39,988BOYAmt
EOY$1,581,936EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$2,200EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$765BOYAmt
EOY$7,559EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,132,468BOYAmt
EOY$14,443,488EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$33,562BOYAmt
EOY$81,488EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,805,976BOYAmt
EOY$16,687,796EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,245BOYAmt
EOY$27,726EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$600EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$104,389BOYAmt
EOY$81,577EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$106,634BOYAmt
EOY$109,903EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,765,776BOYAmt
EOY$6,710,980EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,631,613BOYAmt
EOY$4,444,515EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,301,953BOYAmt
EOY$5,422,398EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,699,342BOYAmt
EOY$16,577,893EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,805,976BOYAmt
EOY$16,687,796EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,980,816ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$102,265NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PORTER-GAUD SCHOOLBusinessNameLine1Txt
Business Name Line2PORTER-GAUD SCHOOLBusinessNameLine2Txt
FieldValueIRS element (for citing)
EIN570342032EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$515,254SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$515,254SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,053,278BeginningYearBalanceAmt
Contributions$120,445ContributionsAmt
Investment Earnings Or Losses$433,136InvestmentEarningsOrLossesAmt
Grants Or Scholarships$244,948GrantsOrScholarshipsAmt
End Year Balance$14,361,911EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,805,819BeginningYearBalanceAmt
Contributions$483,498ContributionsAmt
Investment Earnings Or Losses$2,043,194InvestmentEarningsOrLossesAmt
Grants Or Scholarships$279,233GrantsOrScholarshipsAmt
End Year Balance$14,053,278EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,493,299BeginningYearBalanceAmt
Contributions$276,722ContributionsAmt
Investment Earnings Or Losses$1,193,820InvestmentEarningsOrLossesAmt
Grants Or Scholarships$158,022GrantsOrScholarshipsAmt
End Year Balance$11,805,819EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,761,522BeginningYearBalanceAmt
Contributions$241,093ContributionsAmt
Investment Earnings Or Losses-$365,973InvestmentEarningsOrLossesAmt
Grants Or Scholarships$143,343GrantsOrScholarshipsAmt
End Year Balance$10,493,299EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.44720BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.37750PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.17530TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCHARITABLE REMAINDER UNITRUST LIABILDesc
Amt$81,577Amt
FieldValueIRS element (for citing)
Total Liability$81,577TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE SCHOOL HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, MANAGEMENT EVALUATES THE SCHOOL FOR ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT MAY EXIST. MANAGEMENT DOES NOT BELIEVE THAT ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS OR LIABILITIES EXIST AS OF JUNE 30, 2015 AND 2014. THE SCHOOL'S POLICY IS TO REPORT ACCRUED INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS, IF ANY, AS INTEREST EXPENSE AND TO REPORT PENALTIES, IF ANY, AS OTHER EXPENSE.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1PARENTS GUILD HEvent1Nm
Gross Receipts Event1$70,284GrossReceiptsEvent1Amt
Gross Revenue Event1$70,284GrossRevenueEvent1Amt
Rent Facility Costs Event1$1,360RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,336FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$47,221OtherDirectExpensesEvent1Amt
Event2PROGRAM FOR ATHEvent2Nm
Gross Receipts Event2$32,500GrossReceiptsEvent2Amt
Gross Revenue Event2$32,500GrossRevenueEvent2Amt
Other Direct Expenses Event2$15,139OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$79,948GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$79,948GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$2,270NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$7,900RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$1,887FoodAndBeverageOtherEventsAmt
Entertainment Other Events$1,340EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$22,647OthDirectExpnssOtherEventsAmt
Gross Receipts Total$182,732GrossReceiptsTotalAmt
Gross Revenue Total Events$182,732GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$2,270NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$9,260RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$4,223FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,340EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$85,007OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$102,100DirectExpenseSummaryEventsAmt
Net Income Summary$80,632NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1PORTER-GAUD SCHOOLBusinessNameLine1Txt
Business Name Line2PORTER-GAUD SCHOOLBusinessNameLine2Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 ALBEMARLE RDAddressLine1Txt
Address Line2300 ALBEMARLE RDAddressLine2Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29407ZIPCd
FieldValueIRS element (for citing)
Recipient EIN570342032RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$515,254CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of GrantASSISTANCE TO SCHOOLPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE I, PAGE 1, PART I, LINE 2GRANTS AND ASSISTANCE ARE MONITORED BY THE FOUNDATION BY ENSURING AMOUNTS ARE USED FOR APPROVED PURPOSES BY PORTER-GAUD SCHOOL PER REPORTS, BUDGETS, AND OTHER APPROVALS.
SCHEDULE I, PAGE 4, PART IVASSISTANCE IS PROVIDED BY THE FOUNDATION TO PORTER-GAUD SCHOOL IN CONNECTION WITH THE FOUNDATION'S MISSION AND PURPOSE. ASSISTANCE IS PROVIDED TO PORTER-GAUD SCHOOL FOR USE IN VARIOUS PROGRAMS AND OPERATIONS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonD DUBOSE EGLESTON JRPersonNm
TitleEX OFFICIOTitleTxt
Compensation Based On Rltd Orgs$283,428CompensationBasedOnRltdOrgsAmt
Deferred Comp Rltd Orgs$29,689DeferredCompRltdOrgsAmt
Nontaxable Benefits Rltd Orgs$4,846NontaxableBenefitsRltdOrgsAmt
Total Compensation Rltd Orgs$317,963TotalCompensationRltdOrgsAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution13ContributionCnt
Noncash Contributions Rpt F990$73,393NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMV ON CONTRIBUTION DATEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescEQUIPMENTDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$17,249NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMV ON CONTRIBUTION DATEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE FOUNDATION IS OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF, THE PORTER ACADEMY D/B/A PORTER-GAUD SCHOOL AND ITS AFFILIATED ENTITIES (THE "SUPPORTED CHARITIES"). THE FOUNDATION SUPPORTS THE SUPPORTED CHARITIES BY STIMULATING, RECEIVING AND GRANTING CHARITABLE GIFTS TO ADVANCE PROGRAMS OF EDUCATION.
FORM 990, PAGE 6, PART VI, LINE 11BA DRAFTED COPY OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CA COPY OF THE POLICY IS CIRCULATED ANNUALLY FOR REVIEW AND APPROVAL.
FORM 990, PAGE 6, PART VI, LINE 15AEMPLOYMENT CONTRACTS COMPLY WITH BOARD APPROVED BUDGET AMOUNTS AND ARE HANDLED BY THE PORTER-GAUD SCHOOL HUMAN RESOURCES DEPARTMENT AND ARE SIGNED BY THE PORTER-GAUD SCHOOL HEAD OF SCHOOL.
FORM 990, PAGE 6, PART VI, LINE 15BSAME AS 15A
FORM 990, PAGE 6, PART VI, LINE 19THIS INFORMATION IS NOT MADE GENERALLY AVAILABLE. REQUESTS ARE CONSIDERED ON A CASE-BY-CASE BASIS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PORTER-GAUD SCHOOLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 ALBEMARLE RDAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29407ZIPCd
FieldValueIRS element (for citing)
EIN570342032EIN
Primary ActivitiesSCHOOLPrimaryActivitiesTxt
Legal Domicile StateSCLegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PORTER-GAUD SCHOOL
B$515,254ACTUAL/FMV
PORTER-GAUD SCHOOL
O$503,450ACTUAL/FMV

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