MARGARET C WOODSON FOUNDATION INCORPORATED: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MARGARET C WOODSON FOUNDATION INCORPORATED (EIN 56-6064938)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-07
- IRS object ID
- 201441279349100024
- Schema version
- 2013v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-07T07:48:13-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28204 | 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 | 566064938 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET C WOODSON FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARG | BusinessNameControlTxt |
| Phone | 7046335000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 NORTH MAIN ST | AddressLine1 |
| City | SALISBURY | City |
| State | NC | State |
| ZIP Code | 281440829 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DON SAYERS | PersonNm |
| Person Title | TREASURER AND DIRECTOR | PersonTitleTxt |
| Phone | 7046335000 | PhoneNum |
| Signature | 2014-04-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANICE A RATICA | PreparerPersonNm |
| PTIN | P00358837 | PTIN |
| Phone | 7043771678 | PhoneNum |
| 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 | $636,657 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $915,866 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $23 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $23 | InterestOnSavNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $915,889 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $23 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $34,800 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,740 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $33,060 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $38,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,900 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $36,100 | OtherProfFeesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,124 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $256 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,868 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,390 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $70 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,320 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $79,314 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,966 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $75,348 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $625,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $625,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $704,314 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,966 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $700,348 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $211,575 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $464,013 | CashBOYAmt |
| Cash EOY | $625,541 | CashEOYAmt |
| Cash EOYFMV | $625,541 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $11,068 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,086 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,086 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $30 | AcctRcvblAmt |
| Acct Rcvbl EOY | $30 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $30 | AcctRcvblEOYFMVAmt |
| Total Assets BOY | $475,081 | TotalAssetsBOYAmt |
| Total Assets EOY | $636,657 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $636,657 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2 | AccountsPayableEOYAmt |
| Grants Payable BOY | $50,000 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $50,001 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $1,041 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $1,041 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $424,039 | RetainedEarningBOYAmt |
| Retained Earning EOY | $635,614 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $425,080 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $636,655 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $475,081 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $636,657 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $425,080 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $211,575 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $636,655 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $636,655 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $568,150 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $294,241 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.930900 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,886,931 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $806,267 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 2.340330 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,072,782 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $792,871 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.353035 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $878,786 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,210,153 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.726178 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,023,986 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $598,831 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.709975 | DistributionYr5Rt |
| Total Distribution | 8.060418 | TotalDistributionRt |
| Average Distribution | 1.612084 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $524,250 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $845,135 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $845,135 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $700,348 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | FOUNDATION FOR THE CAROLINAS | IndividualWithBooksNm |
| Phone | 7049734500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| WILLIAM G JOHNSON | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | PRESIDENT AND DIRECTOR | 1.00 | $3,600 | $0 | $0 |
| MARY HOLT WOODSON MURPHY | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | VICE PRESIDENT AND DIRECTO | 2.00 | $9,600 | $0 | $0 |
| JOHN BE CUNNINGHAM | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | SECRETARY AND DIRECTOR | 1.00 | $3,600 | $0 | $0 |
| DONALD D SAYERS | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | TREASURER AND DIRECTOR | 1.00 | $3,600 | $0 | $0 |
| PAUL LEAKE BERNHARDT | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | DIRECTOR | 1.00 | $3,600 | $0 | $0 |
| CHARLOTTE DAVIS | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | DIRECTOR | 1.00 | $3,600 | $0 | $0 |
| ROBERT P SHAY JR | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | CHAIR | 1.00 | $3,600 | $0 | $0 |
| PAUL B WOODSON JR | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | DIRECTOR | 1.00 | $3,600 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $532,233 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $532,233 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $532,233 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,983 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $524,250 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $26,213 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $26,213 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $26,213 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $26,213 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $26,213 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $700,348 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $700,348 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $700,348 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $26,213 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $994,472 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $818,508 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,033,204 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,846,618 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $553,438 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,246,240 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $700,348 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $26,213 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $674,135 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,920,375 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $994,472 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,925,903 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $818,508 | ExcessFromYear4Amt |
| Excess From Year3 | $1,033,204 | ExcessFromYear3Amt |
| Excess From Year2 | $1,846,618 | ExcessFromYear2Amt |
| Excess From Year1 | $553,438 | ExcessFromYear1Amt |
| Excess From Current Year | $674,135 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FOUNDATION FOR THE CAROLINAS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7049734500 | RecipientPhoneNum |
| Form And Info And Materials | NO PARTICULAR FORM - LETTER WITH TWO YEARS ACCOUNTING STATEMENTS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | MARCH 1ST. | SubmissionDeadlinesTxt |
| Restrictions On Awards | DAVIDSON COLLEGE, MARY BALDWIN COLLEGE, BARIUM SPRINGS CHILDRENS HOME - OTHERWISE RESTRICTED TO CHARITIES IN DAVIE & ROWAN COUNTY, NC. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| BARIUM SPRINGS HOME FOR CHILDREN | ||||||||
| PO BOX 1 | BARIUM SPRINGS | NC | 28010 | NONE | 509(A)(1) | PROVIDING A SAFE & NUTURING FAMILY ENVIRONMENT FOR C | $70,000 | |
| CATAWBA COLLEGE | ||||||||
| 2300 WEST INNES STREET | SALISBURY | NC | 281442488 | NONE | SCHOOL | TO PROVIDE A CHRISTIAN EDUCATIONAL INSTITUTION FOR S | $70,000 | |
| COMMUNITY CARE CLINIC - ROWAN COUNTY | ||||||||
| 315-G MOCKSVILLE AVE | SALISBURY | NC | 28144 | NONE | 509(A)(1) | PROVIDE VARIOUS MEDICAL AID TO UNINSURED AND UNDERSE | $30,000 | |
| DAVIDSON COLLEGE | ||||||||
| PO BOX 7175 OFFICE OF CORPORATE | DAVIDSON | NC | 280357175 | NONE | SCHOOL | SUPPORT OF DAVIDSON COLLEGE'S EDUCATIONAL PURSUITS | $70,000 | FOUNDATION RELATIONS |
| DAVIE COUNTY GOVERNMENT | ||||||||
| 123 SOUTH MAIN STREET | MOCKSVILLE | NC | 27028 | NONE | GOV'T | SUPPORT THE DAVIE COUNTY GOVERNMENT'S ENDEAVORS | $12,500 | |
| FAITHFUL FRIENDS ANIMAL SANCTUARY INC | ||||||||
| PO BOX 3097 | SALISBURY | NC | 281453097 | NONE | 509(A)(1) | RESCUE HOMELESS DOGS & CATS AND PROVIDE HEALTHCARE F | $15,000 | |
| FARMINGTON COMMUNITY ASSOCIATION INC | ||||||||
| 1723 FARMINGTON ROAD | MOCKSVILLE | NC | 27028 | NONE | 509(A)(1) | PROVIDE SUPPORT TO THE ASSOCIATION | $10,000 | |
| HOOD THEOLOGICAL SEMINARY | ||||||||
| 1810 LUTHERAN SYNOD DR | SALISBURY | NC | 28144 | NONE | 509(A)(1) | SUPPORT OF EDUCATIONAL INSTITUTION | $25,000 | |
| LEE STREET THEATRE | ||||||||
| PO BOX 201 | SALISBURY | NC | 28145 | NONE | 509(A)(1) | TO PROVIDE SUPPORT TO THE THEATRE | $15,000 | |
| MARY BALDWIN COLLEGE | ||||||||
| PO BOX 1500 | STAUNTON | VA | 244021500 | NONE | SCHOOL | TO PROVIDE SUPPORT TO UNDERGRADUATE AND GRADUATE STU | $70,000 | |
| MEALS ON WHEELS OF ROWAN | ||||||||
| PO BOX 1914 | SALISBURY | NC | 281451914 | NONE | 509(A)(1) | NOURISH & ENRICH THE LIVES OF THE HOMEBOUND OF ROWAN | $20,000 | |
| NAZARETH CHILDREN'S HOME | ||||||||
| PO BOX 1438 | ROCKWELL | NC | 28138 | NONE | 509(A)(1) | PROVIDE A STABLE CHRISTIAN ENVIRONMENT FOR SCHOOL AG | $20,000 | |
| PARK AVENUE REDEVELOPMENT | ||||||||
| PO BOX 1972 | SALISBURY | NC | 28145 | NONE | GOV'T | IMPROVEMENT OF SALISBURY, NC | $1,200 | |
| RAPE CHILD & FAMILY ABUSE CRISIS COUNCIL | ||||||||
| 131 W COUNCIL ST | SALISBURY | NC | 28144 | NONE | 509(A)(1) | TO PROVIDE ASSISTANCE TO RAPE AND FAMILY ABUSE VICTI | $40,000 | |
| ROWAN CABARRUS COMMUNITY COLLEGE FOUNDATION | ||||||||
| PO BOX 1595 | SALISBURY | NC | 281451595 | NONE | 509(A)(1) | PROVIDE SUPPORT FOR EDUCATION | $35,000 | |
| ROWAN COUNTY ASSOCIATION FOR RETARDED CITIZENS INC | ||||||||
| 1918 W INNES STREET | SALISBURY | NC | 28144 | NONE | 509(A)(1) | ASSIST THE RETARDED CITIZENS OF ROWAN COUNTY | $15,000 | |
| ROWAN COUNTY PARKS & RECTHERAPEUTIC REC DIV | ||||||||
| 6800 BRINGLE FERRY ROAD | SALISBURY | NC | 28147 | NONE | 509(A)(1) | SUPPORT THE NEEDS OF THE DIVISION | $1,500 | |
| ROWAN HELPING MINISTRIES | ||||||||
| PO BOX 4026 | SALISBURY | NC | 281454026 | NONE | 509(A)(1) | PROVIDE HUMANE SERVICES | $45,000 | |
| ROWAN VOCATIONAL OPPORTUNITIES INC | ||||||||
| 2728 OLD CONCORD RD | SALISBURY | NC | 28146 | NONE | GOV'T | PROVIDE EDUCATIONAL INFORMATION TO RESIDENTS OF ROWA | $25,000 | |
| ROWAN-SALISBURY SCHOOL SYSTEM | ||||||||
| PO BOX 2349 | SALISBURY | NC | 281452349 | NONE | GOV'T | SUPPORT OF EDUCATIONAL ACTIVITIES | $6,900 | |
| STOREHOUSE FOR JESUS | ||||||||
| PO BOX 216 | MOCKSVILLE | NC | 27028 | NONE | 509(A)(1) | HELP THE NEEDY AND GIVE THE GOSPEL | $17,900 | |
| STUDENTS IN TRAINING | ||||||||
| 514 SOUTH SALISBURY AVENUE | SPENCER | NC | 28159 | NONE | 509(A)(1) | RECYCLE COMPUTERS AND EDUCATE STUDENTS WITH BASIC CO | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $625,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $23 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $23 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET C WOODSON TRUST CO US TRUST CO OF NY 114 WEST 47TH ST NEW YORK NY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | CHARITABLE TRUST | OrganizationTypeDesc |
| Relationship Description | FOUNDATION RECEIVES ALL NET PROCEEDS FROM THE TRUST. | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET C WOODSON TRUST CO US TRUST COMPANY OF NY | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 WEST 47TH ST | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $915,866 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $263 | $13 | $250 |
| OFFICE EXPENSE | $195 | $10 | $185 |
| INSURANCE | $932 | $47 | $885 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEE | CategoryTxt |
| Amt | $38,000 | Amt |
| Net Investment Income | $1,900 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $36,100 | DisbursementsCharitablePrpsAmt |
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