2015-11-05T09:00:46-06:00 2014-12-31 TIMOTHY G BENUSA & ASSOCIATES CPA 690 HUGUENOT TRAIL RD MIDLOTHIAN VA 23113 990PF 2014-01-01 621668518 COMMONWEALTH FOUNDATION III COMM 8046434200 800 EAST CANAL STREET NO 1900 RICHMOND VA 23219 WILLIAM H GOODWIN JR DIRECTOR 8046434200 2015-11-04 1 TIMOTHY G BENUSA P00581123 8048974583 2014 2016-03-07 17:11:31Z X X 49905798 X X 4 14236 119003 3551122 3379959 -72353 3379963 3612008 0 0 0 1192 1192 0 1780 1780 0 52750 0 52750 40000 45128 0 225 227091 0 95947 275191 52750 2313784 2313784 2409731 275191 2366534 970232 3336817 16079 9425 9425 40073 98038 98038 98038 234140 18408523 19425482 49662233 18562713 19532945 49905798 0 0 X 0 0 0 0 18562713 19532945 18562713 19532945 18562713 19532945 18562713 970232 0 19532945 0 19532945 PARTNERSHIP K-1 LT CAPITAL GAIN P 3517499 3517499 3517499 PARTNERSHIP K-1 ST CAPITAL GAIN P 33623 33623 33623 3551122 66736 0 66736 0 66736 40000 47000 87000 X 39 20225 20225 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 N/A THE ORGANIZATION 8046434200 800 EAST CANAL STREET SUITE 1900 RICHMOND VA 23219 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CLIFFORD A CUTCHINS IV 800 E CANAL ST STE 1900 RICHMOND VA 23219 DIRECTOR, SECRETARY 0.10 0 0 0 E BRYSON POWELL 212 RANDOLPH SQUARE LN RICHMOND VA 23233 DIRECTOR 0.10 0 0 0 JOHN L MCELROY JR 921 DOVER FARM RD MANAKINSABOT VA 23103 DIRECTOR 0.10 0 0 0 WILLIAM H GOODWIN JR 800 E CANAL ST STE 1900 RICHMOND VA 23219 DIRECTOR, PRESIDENT/TREASURER 0.10 0 0 0 ALICE T GOODWIN 800 E CANAL ST STE 1900 RICHMOND VA 23219 DIRECTOR 0.10 0 0 0 NONE 0 THE BOSTON CONSULTING GROUP INC 300 NORTH LASALLE STREET CHICAGO IL 60654 CONSULTING 52750 0 0 50118128 19785 234140 50372053 0 0 50372053 755581 49616472 2480824 2480824 66736 66736 2414088 0 2414088 0 2414088 2366534 0 2366534 0 2366534 2414088 0 0 0 2366534 0 0 0 2366534 0 0 0 0 0 0 0 0 47554 0 0 0 WILLIAM H GOODWIN JR ALICE T GOODWIN X AMERICAN HEART ASSOCIATION 4217 PARK PLACE COURT RICHMOND VA 23060 NONE PC GENERAL SUPPORT 1000 AMERICAN RED CROSS 420 EAST CARY STREET RICHMOND VA 23219 NONE PC GENERAL SUPPORT 1000 BOY SCOUTS HEART OF VA COUNCIL 4015 FITZHUGH AVENUE RICHMOND VA 23230 NONE PC GENERAL SUPPORT-EAGLE SOCIETY 1500 CHESTERFIELD COUNTY PO BOX 26585 RICHMOND VA 23285 NONE GOV BLACK HISTORY MONTH PROGRAMS 100 COMMONWEALTH FOUNDATIONS 800 E CANAL ST STE 1900 RICHMOND VA 23219 BOROTHER/SISTER AFFILIATE PF; 509(A) TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION 2268604 FAISON SCHOOL FOR AUTISM 1701 BYRD AVENUE RICHMOND VA 23230 NONE PC GENERAL SUPPORT 200 HILTON HEAD HEROS 6 RED MAPLE ROAD HILTON HEAD SC 29929 NONE PC GENERAL SUPPORT 1400 JUNIOR ACHIEVEMENT 4600 COX ROAD STE 107 RICHMOND VA 23060 NONE PC GENERAL SUPPORT 1000 KENAN FLAGLER BUSINESS SCHOOL FOUNDATION THE KENAN CENTER CB 3440 CHAPEL HILL NC 27599 NONE PC GENERAL SUPPORT 16000 MASSEY CANCER CENTER P O BOX 980037 RICHMOND VA 23298 NONE PC GENERAL SUPPORT 500 METRO RICHMOND SPORTS BACKERS 100 AVENUE OF CHAMPIONS STE 300 RICHMOND VA 23230 NONE PC GENERAL SUPPORT 1600 ROANOKE CATHOLIC SCHOOL 621 NORTH JEFFERSON STREET ROANOKE VA 24016 NONE PC GENERAL SUPPORT 10760 ST STEPHEN'S CHURCH 6000 GROVE AVENUE RICHMOND VA 23226 NONE PC GENERAL SUPPORT 2428 THE VIRGINIA HOME 1101 HAMPTON STREET RICHMOND VA 23220 NONE PC GENERAL SUPPORT 5780 UVA FUND P O BOX 400314 CHARLOTTESVILLE VA 22904 NONE PC RAVEN SOCIETY 400 VA FOUNDATION FOR INDEPENDENT COLLEGES 8010 RIDGE ROAD SUITE B RICHMOND VA 23229 NONE PC GENERAL SUPPORT 500 VIRGINIA ATHLETICS FOUNDATION PO BOX 400833 CHARLOTTESVILLE VA 22904 NONE PC GENERAL SUPPORT 1012 2313784 0 14 4 14 3379959 0 3379963 0 3379963 0 0 0 0 0 0 0 0 0 1 COMMONWEALTH FOUNDATION I (EIN 62-1668516) 509(A) COMMON DIRECTORS COMMONWEALTH FOUNDATION II (EIN 62-1668517) 509(A) COMMON DIRECTORS COMMONWEALTH FOUNDATION IV (EIN 62-1668519) 509(A) COMMON DIRECTORS COMMONWEALTH FOUNDATION V (EIN 62-1668521) 509(A) COMMON DIRECTORS COMMONWEALTH FOUNDATIONS (EIN 46-5103846) 509(A) COMMON DIRECTORS ACCOUNTING 1780 1780 0 VA CODE 57-49 REQUIRES NONPROFIT REGISTRATION/ANNUAL FILING WITH THE ATTORNEY GENERAL ONLY IF THE NONPROFIT WILL SOLICIT CONTRIBUTIONS IN VIRGINIA. COMMONWEALTH FOUNDATION III DOES NOT SOLICIT CONTRIBUTIONS BY ANY MEANS IN ANY STATE, AND IS NOT REQUIRED TO FILE ITS FORM 990-PF WITH THE VA ATTORNEY GENERAL'S OFFICE. FORM 990-PF, PAGE 1, QUESTION G COMMONWEALTH FOUNDATION III OPERATED AS A TYPE III SUPPORTING ORGANIZATION TO A SEC 501(C)(3) PUBLIC CHARITY PRIOR TO 2014, AND FILED FORM 990.EFFECTIVE JANUARY 1 2014, COMMONWEALTH FOUNDATION III BECAME A NONOPERATING PRIVATE FOUNDATION. FORM 990-PF, PAGE 11, LINE 3A DURING 2014, THE TAXPAYER MADE GRANTS TOTALING $2,268,604 TO COMMONWEALTH FOUNDATIONS, A US NON-OPERATING PRIVATE FOUNDATION. DURING ITS TAX YEAR ENDED 12/31/14 (AND BEFORE MARCH 15, 2015), COMMONWEALTH FOUNDATIONS MADE QUALIFYING DISTRIBUTIONS OUT OF CORPUS EQUAL TO THE $2,268,604 IN GRANTS IT RECEIVED FROM THE TAXPAYER. THE TAXPAYER HAS OBTAINED RECORDS AND OTHER EVIDENCE SHOWING THE COMMONWEALTH FOUNDATIONS MADE SUCH QUALIFYING DISTRIBUTIONS. ACCORDINGLY, UNDER THE "TWELVE-MONTH PASS-THROUGH" RULE CONTAINED IN IRC SEC. 4942(G)(3), THE TAXPAYER HAS TREATED SUCH GRANTS AS QUALIFYING DISTRIBUTIONS WHICH WERE INCLUDED IN PART XV, LINE 3A. EQUITY INVESTMENT IN PARTNERSHIP AT COST 19425482 49662233 LEGAL 1192 1192 0 MISCELLANEOUS 225 225 0 PARTNERSHIP K-1 INVESTMENT EXPENSES 0 226866 0 PARTNERSHIP K-1 DIVIDENDS 3379959 0 3379959 CONSULTING 52750 0 52750 FORM 990-PF EXCISE TAX 40000 40000 0 PARTNERSHIP K-1 FOREIGN TAXES 0 5128 0 COMMONWEALTH FOUNDATIONS GP 800 E CANAL ST STE 1900 RI VA 23219 541856257 CASH DISTRIBUTION] 2363000 2363000