Constructive Management Foundation: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- Constructive Management Foundation (EIN 05-0438672)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-12
- IRS object ID
- 201421329349102332
- Schema version
- 2013v3.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-12T13:23:48-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kevin W Keithley CPA PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 SW Morrison Ste 700 | AddressLine1 |
| City | Portland | City |
| State | OR | State |
| ZIP Code | 97205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050438672 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Constructive Management Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CONS | BusinessNameControlTxt |
| Phone | 8282528096 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 8907 | AddressLine1 |
| City | Asheville | City |
| State | NC | State |
| ZIP Code | 28814 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul R Farago | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2014-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kevin W Keithley | PreparerPersonNm |
| PTIN | P01366864 | PTIN |
| Phone | 5032285585 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $428,800 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $225 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $225 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $8,792 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $8,792 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $44,837 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $177,703 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $44,837 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $53,854 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $53,854 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $284 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,045 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $5,875 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,875 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $300 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $300 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $121 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,508 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $13,133 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,175 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,133 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,175 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $35,721 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $47,679 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $32,582 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $104,370 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $104,370 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $256,612 | CorporateStockBOYAmt |
| Corporate Stock EOY | $228,659 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $308,608 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $14,940 | CorporateBondsBOYAmt |
| Other Investments BOY | $7,157 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,794 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $14,476 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $30,098 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,752 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $232 | LandBOYAmt |
| Land EOY | $1,346 | LandEOYAmt |
| Land EOYFMV | $1,346 | LandEOYFMVAmt |
| Total Assets BOY | $311,523 | TotalAssetsBOYAmt |
| Total Assets EOY | $347,169 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $428,800 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $8,844 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $8,769 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,844 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,769 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $302,679 | RetainedEarningBOYAmt |
| Retained Earning EOY | $338,400 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $302,679 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $338,400 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $311,523 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $347,169 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $302,679 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $35,721 | ExcessRevenueOverExpensesAmt |
| Subtotal | $338,400 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $338,400 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| See Attached Statement | P | 2013-01-01 | 2013-12-31 | $15,180 | $11,970 | $3,210 | $3,210 |
| See Attached Statement | P | 2000-01-01 | 2013-12-31 | $162,523 | $120,896 | $41,627 | $41,627 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $44,837 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,210 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $40,958 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $368,701 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.11109 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $10,155 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $372,456 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.02727 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $37,009 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $375,569 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.09854 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $18,703 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $345,343 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05416 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $18,655 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $424,637 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04393 | DistributionYr5Rt |
| Total Distribution | 0.33498 | TotalDistributionRt |
| Average Distribution | 0.06700 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $391,091 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $26,202 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $477 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $26,679 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $954 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $954 | SubtotalAmt |
| Tax Based On Investment Income | $954 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $6 | EsPenaltyAmt |
| Tax Due | $960 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | RI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul Farago | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8282528096 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 8907 | AddressLine1 |
| City | Asheville | City |
| State | NC | State |
| ZIP Code | 288148907 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Paul R Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Pres / Dir | 0.00 | $0 |
| April A Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Director | 0.00 | $0 |
| Michelle T Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Secty / Dir | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $303,443 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $93,604 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $397,047 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $397,047 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,956 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $391,091 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,555 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,555 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $954 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $954 | TotalTaxAmt |
| Distributable Before Adj | $18,601 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,601 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,601 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $5,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,601 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,530 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $18,563 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $23,037 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $43,130 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,000 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $13,601 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $13,601 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $29,529 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $29,529 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $6,492 | ExcessFromYear3Amt |
| Excess From Year1 | $23,037 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Paul R Farago | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| US Holocaust Memorial Museum | |||||||
| 100 Raoul Wallenberg Place SW | Washington | DC | 20024 | None | Public | Charitable | $300 |
| Univ of N Carolina at Asheville | |||||||
| One University Heights | Asheville | NC | 28804 | None | Public | Charitable | $200 |
| YMCA of Western North Carolina | |||||||
| 30 Woodfin Street | Asheville | NC | 28801 | None | Public | Charitable | $1,250 |
| Friends of the WNC Nature Center | |||||||
| PO Box 19151 | Asheville | NC | 28815 | None | Public | Charitable | $100 |
| The NC Arboretum Society | |||||||
| 100 Frederick Law Olmsted Way | Asheville | NC | 28806 | None | Public | Charitable | $250 |
| John Locke Foundation | |||||||
| 200 W Morgan Street Suite 200 | Raleigh | NC | 27601 | None | Public | Charitable | $250 |
| Asheville Art Museum | |||||||
| 2 South Pack Square | Asheville | NC | 28802 | None | Public | Charitable | $1,000 |
| Preservation Society of Asheville | |||||||
| PO Box 2806 | Asheville | NC | 28802 | None | Public | Charitable | $50 |
| Carolina Day School | |||||||
| 1345 Hendersonville Road | Asheville | NC | 28803 | None | Public | Charitable | $1,500 |
| Swain County Rescue Squad | |||||||
| PO Box 606 | Bryson City | NC | 28713 | None | Public | Charitable | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $225 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,792 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $44,837 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $53,854 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $53,854 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Kevin W. Keithley,CPA,P.C. | CategoryTxt |
| Amt | $1,045 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| Computer Equipment | 2010-04-28 | $499 | $267 | 91 | 5.0000 | $100 |
| Computer Equipment | 2013-12-10 | $1,235 | 91 | 5.0000 | $21 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (48 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| General Electric | $3,753 | $7,007 |
| Hewlett-Packard Company | $5,438 | $6,295 |
| Kroger Company | $3,155 | $5,929 |
| Pfizer | $4,989 | $6,126 |
| Crown Holding Inc | $2,571 | $5,571 |
| CVS Corp | $3,321 | $8,946 |
| Intel Corp | $6,392 | $8,435 |
| New York Community Bancorp | $3,583 | $4,213 |
| Olin Corp | $4,542 | $7,213 |
| Alexandria Real Estate | $5,017 | $4,240 |
| BB&T Corp | $5,376 | $7,464 |
| Microsoft Corp | $4,122 | $7,482 |
| The Travelers Companies | $3,277 | $6,791 |
| Tyson Foods Inc | $1,314 | $5,019 |
| Unilever NV | $5,546 | $8,046 |
| Delta Air Lines | $1,289 | $4,120 |
| Ford Motor Company | $4,100 | $7,715 |
| General Mills Inc | $2,455 | $4,991 |
| Energizer Holdings | $5,631 | $10,824 |
| Exxon Mobil Corporation | $8,853 | $10,120 |
| International Paper Co | $5,013 | $7,354 |
| Merck & Co. | $5,959 | $7,508 |
| Owens Illinois Inc | $3,030 | $5,367 |
| Teva Pharmceutical | $7,118 | $6,012 |
| United Continental Holdings | $3,749 | $5,675 |
| Alcoa Inc. | $2,847 | $3,455 |
| Allstate Corp. | $3,399 | $6,817 |
| Procter & Gamble Co. | $8,468 | $10,176 |
| Royal Dutch Shell PLC | $6,699 | $7,511 |
| Staples Inc. | $4,745 | $5,562 |
| Allegheny Technologies Inc | $2,901 | $3,563 |
| Devon Energy Corp | $9,182 | $9,280 |
| Dow Chemical Company | $4,356 | $6,660 |
| Firstmerit Corp | $2,998 | $4,446 |
| Johnson Controls | $4,363 | $7,695 |
| JP Morgan Chase & Co | $3,581 | $5,848 |
| Kellogg Co | $6,485 | $7,634 |
| Safeway Inc | $1,602 | $3,257 |
| Weingarten Realty Preferred | $4,875 | $4,538 |
| AT&T Inc | $6,933 | $7,032 |
| Brandywine Realty 6.9% Preferred | $3,787 | $3,450 |
| CBL & Assoc Pptys Inc | $4,830 | $4,750 |
| Cisco Systems | $6,098 | $6,729 |
| Freeport McMoran Copper & Gold | $6,174 | $7,548 |
| Goldman Sachs Group Inc | $5,932 | $5,517 |
| Newmont Mining Corp | $6,517 | $5,758 |
| Potash Corp of Saskatchewan | $6,462 | $6,592 |
| Target Corp | $5,832 | $6,327 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Weingarten Realty Investors | AT COST | $2,254 | $3,428 |
| Brandywine Realty Preferred | AT COST | $2,950 | $3,170 |
| CBL & Assoc Pptys Inc | AT COST | $3,335 | $3,143 |
| Weyerhaeuser | AT COST | $4,255 | $4,735 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $991 | $991 | ||
| Machinery and Equipment | $29,107 | $27,761 | $1,346 | $1,346 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Adams Hendon Carson Crow | CategoryTxt |
| Legal Fees | $284 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Postage & Shipping | $253 |
| Telephone | $3,042 |
| Utilities | $2,213 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Payable to Paul R. Farago | Desc |
| BOY Book Value | $8,844 | BOYBookValueAmt |
| EOY Book Value | $8,769 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $5,875 | Amt |
| Net Investment Income | $5,875 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Income Tax | $249 | $249 |
| Foreign Tax Withholding | $51 | $51 |
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