BETA

CULP FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
CULP FAMILY FOUNDATION (EIN 45-5394566)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-08-10
IRS object ID
201642239349100104
Schema version
2015v2.1
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)
Return2016-08-10T08:03:06-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18401 GREENSBORO DRIVE 8TH FLOORAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN455394566EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CULP FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% BDO USA LLPInCareOfNm
Business Name ControlCULPBusinessNameControlTxt
Phone7038930600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BDO USA LLPAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonH LAWRENCE CULP JRPersonNm
Person TitlePresidentPersonTitleTxt
Phone7038930600PhoneNum
Signature2015-07-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJoan C HoltzPreparerPersonNm
PTINP00836429PTIN
Phone7038930600PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$18,189,696FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$10,803,051ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$247,445DividendsRevAndExpnssAmt
Dividends Net Invst Incm$247,445DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$7,014,642NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$14,998,648GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,014,642CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$62OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$62OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$18,065,200TotalRevAndExpnssAmt
Total Net Invst Incm$7,262,149TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$5,900AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$5,900AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$100,362TaxesRevAndExpnssAmt
Taxes Net Invst Incm$5,362TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$47,658OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$47,658OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$153,920TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$53,020TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,900TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,298,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,298,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,452,520TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$53,020TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,304,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$16,612,680ExcessRevenueOverExpensesAmt
Net Investment Income$7,209,129NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$56,393CashBOYAmt
Cash EOY$2,186,674CashEOYAmt
Cash EOYFMV$2,186,744CashEOYFMVAmt
Corporate Stock BOY$4,476,559CorporateStockBOYAmt
Corporate Stock EOY$8,212,602CorporateStockEOYAmt
Corporate Stock EOYFMV$9,126,755CorporateStockEOYFMVAmt
Other Investments BOY$2,378,395OtherInvestmentsBOYAmt
Other Investments EOY$7,027,600OtherInvestmentsEOYAmt
Other Investments EOYFMV$6,876,197OtherInvestmentsEOYFMVAmt
Total Assets BOY$6,911,347TotalAssetsBOYAmt
Total Assets EOY$17,426,876TotalAssetsEOYAmt
Total Assets EOYFMV$18,189,696TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$6,911,347RetainedEarningBOYAmt
Retained Earning EOY$17,426,876RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,911,347TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$17,426,876TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,911,347TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$17,426,876TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,911,347TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$16,612,680ExcessRevenueOverExpensesAmt
Subtotal$23,524,027SubtotalAmt
Other Decreases$6,097,151OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$17,426,876TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
NT #6712, 4417, 8433 (SEE ATTD)2015-01-012015-12-31$616,681$635,234-$18,553-$18,553
NT #6712, 4417, 8433 (SEE ATTD)2014-01-012015-12-31$14,381,249$7,348,772$7,032,477$7,032,477
CAPITAL GAIN DIVIDENDS$718P
FieldValueIRS element (for citing)
Capital Gain Net Income$7,014,642CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,337,941AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$7,312,690NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.182962DistributionYr1Rt
Adjusted Qlfy Distri Yr2$77,103AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$5,495,475NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.01403DistributionYr2Rt
Adjusted Qlfy Distri Yr3$0AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$74,863NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.0DistributionYr3Rt
Total Distribution0.196992TotalDistributionRt
Average Distribution0.065664AverageDistributionRt
Net Vl Noncharitable Assets$14,310,251NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$939,668AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$72,091NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,011,759AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,304,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$72,091InvestmentIncomeExciseTaxAmt
Subtotal$72,091SubtotalAmt
Tax Based On Investment Income$72,091TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$99,529EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$99,529TotalPaymentsAndCreditsAmt
Overpayment$27,438OverpaymentAmt
Applied To ES Tax$27,438AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7038930600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line18405 GREENSBORO DRIVE 7TH FLOORAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
H LAWRENCE CULP JR
963 ALVERMAR RIDGE DRMCLEANVA22102PRESIDENT1.0$0
WENDY H CULP
963 ALVERMAR RIDGE DRMCLEANVA22102SECRETARY1.0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$7,947,564AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,611,199AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,969,411FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$14,528,174TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$14,528,174AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$217,923CashDeemedCharitableAmt
Net Vl Noncharitable Assets$14,310,251NetVlNoncharitableAssetsAmt
Minimum Investment Return$715,513MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$715,513MinimumInvestmentReturnAmt
Tax Based On Investment Income$72,091TaxBasedOnInvestmentIncomeAmt
Total Tax$72,091TotalTaxAmt
Distributable Before Adj$643,422DistributableBeforeAdjAmt
Distributable Before Ded$643,422DistributableBeforeDedAmt
Distributable As Adjusted$643,422DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,304,500ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,304,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$72,091PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,232,409AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$643,422DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12013PriorYear1Yr
Prior Year22012PriorYear2Yr
Prior Year32011PriorYear3Yr
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$821,915ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$821,915TotalExcessDistributionCyovAmt
Qualifying Distributions$1,304,500QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$643,422AppliedToCurrentYearAmt
Remaining Distri From Corpus$661,078RemainingDistriFromCorpusAmt
Total Corpus$1,482,993TotalCorpusAmt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,482,993ExcessDistriCyovToNextYrAmt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$821,915ExcessFromYear1Amt
Excess From Current Year$661,078ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerH LAWRENCE CULP JRContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
WASHINGTON COLLEGE
300 WASHINGTON AVENUECHESTERTOWNMD21620N/APCCHARITABLE$40,000
THE PENNSYLVANIA STATE UNIVERSITY
27 OLD MAINUNIVERSITY PARKPA16802N/APCCHARITABLE$500
FOR PETE'S SAKE
620 West Germantown PikePlymouth MeetingPA19462N/APCCHARITABLE$5,000SUITE 250
HARVARD BUSINESS SCHOOL
DEVEOPMENT OPERATIONSBOSTONMA02163N/APCCHARITABLE$500,000TEELE HALL/SOLDIERS FIELD
The Olio
840 Mill Works St 150Winston SalemNC27101N/APCCHARITABLE$100
SULTANA EDUCATION FOUNDATION
105 S CROSS STCHESTERTOWNMD21620N/APCCHARITABLE$750,000
KENT COUNTY HUMANE SOCIETY
10720 AUGUSTINE HERMAN HWYCHESTERTOWNMD21620N/APCCHARITABLE$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,298,600TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$247,445ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,014,642ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescSECTION 1411 NET INVESTMENT INCOMEDesc
Exclusion$62ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$7,262,149ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,262,149TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
H LAWRENCE CULP JR WENDY CULP
1963 ALVERMAR RIDGE DRMCLEANVA22102$5,900Yes (X)
H LAWRENCE CULP JR WENDY CULP
2963 ALVERMAR RIDGE DRMCLEANVA22102$10,797,151Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
22,863 SHS DANAHER CORP$242,6822015-06-17
2122,137 SHS DANAHER CORP$10,554,4692015-06-22

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$5,900Amt
Disbursements Charitable Prps$5,900DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockNT #6712, 4417, 8433StockNm
EOY Book Value$8,212,602EOYBookValueAmt
EOYFMV$9,126,755EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemNT #6712, 4417, 8433CategoryOrItemTxt
Book Value$7,027,600BookValueAmt
EOYFMV$6,876,197EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescFMV OVER BASIS ON CONTRIBUTED STOCKDesc
Amt$6,097,151Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
NT #6712, 4417, 8433-INV FEES$14,901$14,901
NT #6712,4417,8433-TRUSTEE FEE$32,757$32,757

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescNORTHERN TRUST #6712, 4417, 8433Desc
Revenue And Expenses Per Books$62RevenueAndExpensesPerBooksAmt
Net Investment Income$62NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
H LAWRENCE CULP JR WENDY CULP
963 ALVERMAR RIDGE DRMCLEANVA22102
H LAWRENCE CULP JR WENDY CULP
963 ALVERMAR RIDGE DRMCLEANVA22102

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
NT #6712 - FOREIGN TAX PAID$5,362$5,362
ESTIMATED TAX PAYMENTS$95,000

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