BETA

STUART AND MARGARET L FORBES FOUNDA: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
STUART AND MARGARET L FORBES FOUNDA (EIN 56-2079528)
Tax period
2013-03-01 to 2014-02-28
Filed
2014-05-09
IRS object ID
201441299349101729
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

FieldValueIRS element (for citing)
Return2014-05-09T14:58:41-05:00ReturnTs
Tax Period End2014-02-28TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560747981PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DIXON HUGHES GOODMAN LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 RIDGEFIELD COURTAddressLine1
CityASHEVILLECity
StateNCState
ZIP Code28806ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN562079528EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUART AND MARGARET L FORBES FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlSTUABusinessNameControlTxt
Phone8282542254PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1
CityCOLUMBUSCity
StateNCState
ZIP Code287221146ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES T BOYLE JRPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8282542254PhoneNum
Signature2014-04-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMY BIBBYPreparerPersonNm
PTINP00445891PTIN
Phone8282542254PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$970,911FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$38,077DividendsRevAndExpnssAmt
Dividends Net Invst Incm$38,077DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$23,082NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$142,827GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$23,082CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$61,161TotalRevAndExpnssAmt
Total Net Invst Incm$61,161TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$5,420AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$5,420AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$382DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$142TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$142TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,437OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$164OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,273OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$10,381TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$164TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,835TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$32,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$32,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$42,381TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$164TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$41,835TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$18,780ExcessRevenueOverExpensesAmt
Net Investment Income$60,997NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,937CashBOYAmt
Cash EOY$4,321CashEOYAmt
Cash EOYFMV$4,321CashEOYFMVAmt
Sav And Temp Cash Invst BOY$58,670SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$38,672SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$38,672SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$493,040CorporateStockBOYAmt
Corporate Stock EOY$606,972CorporateStockEOYAmt
Corporate Stock EOYFMV$606,972CorporateStockEOYFMVAmt
Corporate Bonds BOY$339,535CorporateBondsBOYAmt
Corporate Bonds EOY$304,395CorporateBondsEOYAmt
Corporate Bonds EOYFMV$304,395CorporateBondsEOYFMVAmt
Other Investments BOY$19,817OtherInvestmentsBOYAmt
Other Investments EOY$15,596OtherInvestmentsEOYAmt
Other Investments EOYFMV$15,596OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$2,775LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,820LandBldgEquipAccumDeprecAmt
Land BOY$1,338LandBOYAmt
Land EOY$955LandEOYAmt
Land EOYFMV$955LandEOYFMVAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$918,337TotalAssetsBOYAmt
Total Assets EOY$970,911TotalAssetsEOYAmt
Total Assets EOYFMV$970,911TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$918,337UnrestrictedBOYAmt
Unrestricted EOY$970,911UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$918,337TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$970,911TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$918,337TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$970,911TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$918,337TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$18,780ExcessRevenueOverExpensesAmt
Other Increases$33,794OtherIncreasesAmt
Subtotal$970,911SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$970,911TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BOEING CO 6 1/8 2-15-33 QUANTITY 20,000P2003-10-032013-03-28$24,956$20,119$4,837$4,837
COCA COLA CO QUANTITY 500P1998-04-292013-12-02$19,675$1,165$18,510$18,510
GNMA POOL 701840 5 1/2 11-20-35 QUANTITY 3971.96P2009-05-062014-02-20$3,972$4,203-$231-$231
NEW YORK TEL CO 6,700 11-01-23 QUANTITY 35000P2006-03-222013-11-18$35,000$35,589-$589-$589
TENN VALLEY PARS 3955 5-01-29 QUANTITY 1500P2007-01-032013-08-27$34,188$38,244-$4,056-$4,056
VODAFONE GP PLC ADS NEW QUANTITY 700P2011-02-282013-11-11$25,036$20,425$4,611$4,611
FieldValueIRS element (for citing)
Capital Gain Net Income$23,082CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$61,737AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$893,665NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.069083DistributionYr1Rt
Adjusted Qlfy Distri Yr2$35,412AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$848,965NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.041712DistributionYr2Rt
Adjusted Qlfy Distri Yr3$27,988AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$818,644NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.034188DistributionYr3Rt
Adjusted Qlfy Distri Yr4$38,800AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$736,975NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.052648DistributionYr4Rt
Adjusted Qlfy Distri Yr5$42,389AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$809,108NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.052390DistributionYr5Rt
Total Distribution0.250021TotalDistributionRt
Average Distribution0.050004AverageDistributionRt
Net Vl Noncharitable Assets$925,800NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$46,294AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$610NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$46,904AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$41,835QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,220InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,220SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,220TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$290EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$290TotalPaymentsAndCreditsAmt
Es Penalty$1EsPenaltyAmt
Tax Due$931TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJAMES T BOYLE JR PRESIDENTDIRECTIndividualWithBooksNm
Phone8282542254PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1
CityCOLUMBUSCity
StateNCState
ZIP Code287221490ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES T BOYLE JR
PO BOX 1146COLUMBUSNC287221490VICE CHAIRMAN/PRESIDENT2.00$0$0$0
SUSAN MCHUGH
PO BOX 1146COLUMBUSNC287221490CHAIRMAN/VICE PRESIDENT2.00$0$0$0
F K MCFARLAND III
PO BOX 1146COLUMBUSNC287221490DIRECTOR/SECRETARY/TREASUR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1VARIOUS SCHOLARSHIPS: THESE FUNDS ARE AWARDED TO QUALIFYING STUDENTS AND PAID DIRECTLY TO QUALIFIED INSTITUTIONS.Description1Txt
Expenses1$32,000Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$888,715AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$51,183AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$939,898TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$939,898AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,098CashDeemedCharitableAmt
Net Vl Noncharitable Assets$925,800NetVlNoncharitableAssetsAmt
Minimum Investment Return$46,290MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$46,290MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,220TaxBasedOnInvestmentIncomeAmt
Total Tax$1,220TotalTaxAmt
Distributable Before Adj$45,070DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$45,070DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$45,070DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$41,835ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$41,835QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$41,835AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$45,070DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$2,853ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,646ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$17,794ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,293TotalExcessDistributionCyovAmt
Qualifying Distributions$41,835QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$41,835AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$3,235ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$3,235ExcessDistributionCyovAppCYAmt
Total Corpus$20,058TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$20,058ExcessDistriCyovToNextYrAmt
Excess From Year4$2,264ExcessFromYear4Amt
Excess From Year1$17,794ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSTUART AND MARGARET L FORBES FOUNDARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1
CityCOLUMBUSCity
StateNCState
ZIP Code287221490ZIPCode
FieldValueIRS element (for citing)
Recipient Phone8282542254RecipientPhoneNum
Form And Info And MaterialsSEE ATTACHED "GRANT REQUEST" FORM AND "SCHOLARSHIP APPLICATION FORM"FormAndInfoAndMaterialsTxt
Submission DeadlinesNO DEADLINESSubmissionDeadlinesTxt
Restrictions On AwardsPER THE FOUNDATION'S EXEMPTION APPLICATION: "...OF PARTICULAR INTEREST ARE THOSE PUBLIC CHARITIES FOCUSING THEIR ACTIVITIES ON EDUCATIONAL (INCLUDING PRE-SCHOOL & HEAD START), HEALTH CARE, MEDICAL RESEARCH AND RELIGIOUS NEEDS AND CONCERNS OF THE GENERAL PUBLIC AND, IN PARTICULAR, BUT NOT LIMITED TO, THOSE CITIZENS OF POLK COUNTY, NC AND SPARTANBURG COUNTY, SC." "...TO AWARD COLLEGE SCHOLARSHIPS BASED ON SCHOLASTIC ACHIEVEMENT, NEED, QUALITIES OF LEADERSHIP, CHARACTER AND COMMUNITY RESPONSIBILITY. THESE SCHOLARSHIPS WILL BE AWARDED TO STUDENTS ATTENDING THE POLK COUNTY, NC PUBLIC SCHOOL SYSTEMS."RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LANIER LIBRARY
72 CHESTNUT STREETTRYONNC28782NONEPUBLICGRANT - BUSINESS CENTER$2,000
NORTH CAROLINA STATE UNIVERSITY
203 PEELE HALLRALEIGHNC27695NONEPUBLICSCHOLARSHIP - BRITTANY PHIPPS$3,000
POLK COUNTY SCHOOLS
1681 NC E 108 HWYCOLUMBUSNC28722NONEPUBLICGRANT - BIO DIESEL PROGRAM$12,000
UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL
250 EAST FRANKLIN STREETCHAPEL HILLNC27599NONEPUBLICSCHOLARSHIP - THOMAS E. COUCH III$3,000
UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL
250 EAST FRANKLIN STREETCHAPEL HILLNC27599NONEPUBLICSCHOLARSHIP - EVAN FITTELL$3,000
UNIVERSITY OF NORTH CAROLINA - GREENSBORO
1400 SPRING GARDEN STREETGREENSBORONC27412NONEPUBLICSCHOLARSHIP - ANNA G. KOENIQ$3,000
UNIVERSITY OF NORTH CAROLINA - WILMINGTON
601 S COLLEGE ROADWILMINGTONNC28403NONEPUBLICSCHOLARSHIP - MICHAEL A. BELL$3,000
WESTERN CAROLINA UNIVERSITY
500 CENTRAL DRIVECULLOWHEENC28723NONEPUBLICSCHOLARSHIP - ANGELINA LILLY$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$32,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$38,077ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$23,082ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$61,161ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$61,161TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryDIXON HUGHES GOODMAN LLPCategoryTxt
Amt$5,420Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$5,420DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyFILE CABINETPropertyDesc
Acquired2013-01-07AcquiredDt
Cost Or Other Basis$2,775CostOrOtherBasisAmt
Prior Year Depreciation$50PriorYearDepreciationAmt
Computation Method200DBComputationMethodTxt
Life7.000000000000LifeRt
Current Year Expense$382CurrentYearExpenseAmt
Net Investment Income$0NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BOEING CO DEB 6.125%$0$0
DOMINION RESOURCES INC A 8.375%$31,104$31,104
DUKE ENERGY CORPORATION$63,211$63,211
GENERAL ELECTRIC CAPITAL CORP 6.375%$33,735$33,735
NEW YORK TELEPHONE CO 6.700%$0$0
PROCTOR & GAMBLE CO. DEB 5.5%$23,517$23,517
TENNESSEE VALLEY PARS 5.618%$0$0
WACHOVIA BANK DEB 4.875%$10,440$10,440
GENERAL ELEC CAP CORP$22,360$22,360
MORGAN STANLEY$22,875$22,875
AFLAC INC$25,443$25,443
GOLDMAN SACHS GROUP$25,670$25,670
PRUDENTIAL FINANCIAL INC$46,040$46,040

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (21 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AT&T CORPORATION$31,930$31,930
COCA COLA CO$58,828$58,828
DUKE ENERGY CORPORATION$23,603$23,603
EXXON MOBIL CORP$48,135$48,135
HONEYWELL INTERNATIONAL INC$47,220$47,220
INTEL CORPORATION$12,380$12,380
JOHNSON & JOHNSON$36,848$36,848
JP MORGAN CHASE & COMPANY$28,410$28,410
MERCK & CO$56,990$56,990
METLIFE INC. 6.5% PFD$50,460$50,460
PIEDMONT NATURAL GAS$50,730$50,730
SPECTRA ENERGY CORPORATION$18,640$18,640
VODAFONE GP PLC ADS NEW$0$0
HEWLETT PACKARD$29,880$29,880
MICROSOFT CORP$38,310$38,310
SPECTRA ENERGY PARTNERS$9,544$9,544
ALTRIA GROUP INC$7,252$7,252
BANK OF AMERICA CORP$16,530$16,530
BP PLC ADS$20,244$20,244
FORD MOTOR CO NEW$9,234$9,234
WEYERHAEUSER CO$11,804$11,804

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemGNMA POOL 701840CategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$15,596BookValueAmt
EOYFMV$15,596EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFILE CABINETCategoryOrItemTxt
Cost Or Other Basis$2,775CostOrOtherBasisAmt
Accumulated Depreciation$1,820AccumulatedDepreciationAmt
Book Value$955BookValueAmt
EOYFMV$955EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
BOY Book Value$0BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$1,490$0$1,490
BANK/BROKERAGE FEES$164$164$0
OFFICE SUPPLIES$183$0$183
CONTRACT LABOR$2,600$0$2,600

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescriptionDescriptionAmountAmount
FEDERAL TAX OVERPAYMENT$220
UNREALIZED GAIN/LOSSES ON INVESTMENTS$33,574

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.