Constructive Management Foundation: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- Constructive Management Foundation (EIN 05-0438672)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-09
- IRS object ID
- 201331299349101008
- Schema version
- 2012v2.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds 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) |
|---|---|---|
| Timestamp | 2013-05-09T19:01:21-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kevin W Keithley CPA PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050438672 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Constructive Management Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CONS | NameControl |
| Phone | 8282528096 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Paul R Farago | Name |
| Title | President | Title |
| Date Signed | 2013-05-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kevin W Keithley | Name |
| PTIN | P01366864 | PTIN |
| Phone | 5032285585 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 353048 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 450 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 450 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 8975 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 8975 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 22025 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 100348 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 22025 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 31450 | TotalRevenueAndExpenses |
| Total Net Investment Income | 31450 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 400 | LegalFeesRevAndExpnss |
| Accounting Fees Rev And Expnss | 1040 | AccountingFeesRevAndExpnss |
| Other Prof Fees Rev And Expnss | 5677 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 5677 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 71 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 71 | TaxesNetInvstIncm |
| Deprec And Depletion Rev And Expnss | 181 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 5847 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 13216 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 5748 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 41215 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 41215 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 54431 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 5748 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 41215 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -22981 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 25702 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 68296 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 32582 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 32582 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 246758 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 256612 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 297249 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 14940 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 14940 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 15080 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 9295 | InvestmentsOtherBOY |
| Investments Other EOY | 7157 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 7905 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 28863 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 28631 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 413 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 232 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 232 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 339702 | TotalAssetsBOY |
| Total Assets EOY | 311523 | TotalAssetsEOY |
| Total Assets EOYFMV | 353048 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 14042 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 8844 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 14042 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8844 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 325660 | RetainedEarningsBOY |
| Retained Earnings EOY | 302679 | RetainedEarningsEOY |
| Total Net Assets BOY | 325660 | TotalNetAssetsBOY |
| Total Net Assets EOY | 302679 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 339702 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 311523 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 325660 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -22981 | ExcessOfRevenueOverExpenses |
| Subtotal | 302679 | Subtotal |
| Total Net Assets Fund Balances EOY | 302679 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (26 entries)
| Gain Or LossGainOrLoss | Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 21 | |||||||
| Capital Gain Dividends | |||||||
| 935 | 75 Packaging Corp of America | P | 2008-04-14 | 2012-09-21 | 2526 | 1591 | 935 |
| 854 | 75 Packaging Corp of America | P | 2008-03-18 | 2012-09-21 | 2526 | 1672 | 854 |
| -1113 | 100 General Electric | P | 2006-02-27 | 2012-09-18 | 2218 | 3331 | -1113 |
| 1738 | 100 FedEx | P | 2010-07-07 | 2012-09-17 | 8907 | 7169 | 1738 |
| 484 | 50 Packaging Corp of America | P | 2008-03-18 | 2012-09-04 | 1598 | 1114 | 484 |
| 624 | 50 Packaging Corp of America | P | 2003-09-29 | 2012-09-04 | 1598 | 974 | 624 |
| -421 | 100 Pfizer | P | 2004-10-25 | 2012-07-18 | 2355 | 2776 | -421 |
| 907 | 100 Merck & Co. | P | 2010-05-07 | 2012-07-12 | 4301 | 3394 | 907 |
| 76 | 100 Sysco Corp | P | 2008-03-18 | 2012-06-19 | 2947 | 2871 | 76 |
| -278 | 100 Sysco Corp | P | 2007-06-12 | 2012-06-19 | 2947 | 3225 | -278 |
| 1401 | 75 Kimberly Clark Corp | P | 2008-02-14 | 2012-06-15 | 6210 | 4809 | 1401 |
| 1700 | 125 Comcast Corp | P | 2008-01-04 | 2012-06-15 | 3799 | 2099 | 1700 |
| 2092 | 125 Wal-Mart Stores | P | 2009-07-13 | 2012-05-23 | 8056 | 5964 | 2092 |
| 2587 | 100 Home Depot | P | 2007-12-21 | 2012-05-01 | 5246 | 2659 | 2587 |
| 1697 | 100 Home Depot | P | 2004-04-30 | 2012-05-01 | 5246 | 3549 | 1697 |
| -114 | 300 Alexandria Real Estate | P | 2008-03-18 | 2012-04-13 | 7500 | 7614 | -114 |
| 1183 | 100 International Paper Co | P | 2010-10-18 | 2012-03-08 | 3541 | 2358 | 1183 |
| 1105 | 100 Foot Locker Inc | P | 2007-08-16 | 2012-01-31 | 2627 | 1522 | 1105 |
| 3034 | 200 Foot Locker Inc | P | 2003-05-02 | 2012-01-31 | 5254 | 2220 | 3034 |
| 343 | 225 Bemis Co Inc | P | 2010-04-14 | 2012-01-13 | 7140 | 6797 | 343 |
| 342 | 75 Kellog Co | P | 2012-09-28 | 2012-12-10 | 4207 | 3865 | 342 |
| 1158 | 125 Cooper Tire & Rubber | P | 2012-04-04 | 2012-11-29 | 3087 | 1929 | 1158 |
| 1399 | 150 Packaging Corp of America | P | 2011-12-21 | 2012-09-21 | 5052 | 3653 | 1399 |
| 271 | 100 Duke Realty | P | 2011-12-21 | 2012-09-04 | 1439 | 1168 | 271 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 22025 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 3170 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 10155 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 372456 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.02727 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 37009 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 375569 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.09854 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 18703 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 345343 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.05416 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 18655 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 424637 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.04393 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 33409 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 471371 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.07088 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.29477 | TotalDistributionRatio |
| Average Distribution Ratio | 0.05895 | AverageDistributionRatio |
| Net Noncharitable Assets | 368701 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 21736 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 257 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 21993 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 41215 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 257 | InvestmentIncomeExciseTax |
| Subtotal | 257 | Subtotal |
| Tax Based On Investment Income | 257 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 12 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 12 | TotalCreditsAndPayments |
| Tax Due | 245 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | RI | StatesFiledWith |
| States Filed With | NC | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul Farago | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8282528096 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| 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 Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Michelle T Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Secty / Dir | 0.00 | 0 |
| Peter A Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Director | 0.00 | 0 |
| Paul R Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Pres / Dir | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 312768 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 61548 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 374316 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 374316 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 5615 | CashDeemedCharitable |
| Net Noncharitable Assets | 368701 | NetNoncharitableAssets |
| Minimum Investment Return | 18435 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 18435 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 257 | TaxBasedOnInvestmentIncome |
| Total Tax | 257 | TotalTax |
| Distributable Amount Before Adj | 18178 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 18178 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 18178 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 41215 | ExpensesAndContributions |
| Qualifying Distributions | 41215 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 257 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 40958 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 18178 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 2679 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year3 | 1530 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 18563 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 22772 | TotalExcessDistriCarryover |
| Qualifying Distributions | 41215 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 18178 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 23037 | RemainingDistriFromCorpus |
| Total Corpus | 45809 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 2679 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 43130 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 1530 | ExcessFromYear3 |
| Excess From Year2 | 18563 | ExcessFromYear2 |
| Excess From Current Year | 23037 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Paul R Farago | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (14 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| Critical Review Foundation | |||||||
| PO Box 869 | Helotes | TX | 78023 | None | Public | Charitable | $500 |
| Preservation Society of Asheville | |||||||
| PO Box 2806 | Asheville | NC | 28802 | None | Public | Charitable | $50 |
| Moses Brown School | |||||||
| 250 Lloyd Avenue | Providence | RI | 02906 | None | Public | Charitable | $100 |
| Yale Univeristy | |||||||
| 157 Church Street | New Haven | CT | 06510 | None | Public | Charitable | $355 |
| Network for Good | |||||||
| 1140 Connecticut Ave NW St 700 | Washington | DC | 20036 | None | Public | Charitable | $250 |
| US Term Limits Foundation | |||||||
| 9900 Main Street Suite 303 | Fairfax | VA | 22031 | None | Public | Charitable | $5,000 |
| Citizens in Charge Foundation | |||||||
| 2050 Old Bridge Road | Lake Ridge | VA | 22192 | None | Public | Charitable | $5,000 |
| Asheville Art Museum | |||||||
| 2 South Pack Square | Asheville | NC | 28802 | None | Public | Charitable | $26,000 |
| Institute for Justice | |||||||
| 901 N Glebe Road Suite 900 | Arlington | VA | 22203 | None | Public | Charitable | $2,000 |
| The NC Arboretum Society | |||||||
| 100 Frederick Law Olmsted Way | Asheville | NC | 28806 | None | Public | Charitable | $250 |
| Friends of the WNC Nature Center | |||||||
| PO Box 19151 | Asheville | NC | 28815 | None | Public | Charitable | $100 |
| YMCA | |||||||
| 30 Woodfin Street | Asheville | NC | 28801 | None | Public | Charitable | $1,250 |
| Univ of N Carolina at Asheville | |||||||
| One University Heights | Asheville | NC | 28804 | None | Public | Charitable | $260 |
| US Holocaust Memorial Museum | |||||||
| 100 Raoul Wallenberg Place SW | Washington | DC | 20024 | None | Public | Charitable | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 41215 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $450 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $8,975 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $22,025 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $31,450 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 31450 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Kevin W. Keithley,CPA,P.C. | Category |
| Amount | $1,040 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (3 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense |
|---|---|---|---|---|---|---|
| Computer Equipment | 2010-04-28 | 499 | 167 | 91 | 5.0000 | 100 |
| Phone Equipment | 2007-11-13 | 278 | 233 | 91 | 5.0000 | 45 |
| Phone Equipment | 2007-10-10 | 240 | 204 | 91 | 5.0000 | 36 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | Ford Motor Credit Co LLC | NameOfBond |
| EOY Book Value | 14940 | EOYBookValue |
| EOYFMV | 15080 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (46 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Weingarten Realty Preferred | 4507 | 6693 |
| Safeway Inc | 7738 | 7688 |
| Kellogg Co | 6485 | 6981 |
| JP Morgan Chase & Co | 5371 | 6595 |
| Johnson Controls | 7656 | 7668 |
| Firstmerit Corp | 5215 | 4967 |
| E.I. DuPont DeNemours & Co | 6169 | 5622 |
| Dow Chemical Company | 4356 | 4849 |
| Devon Energy Corp | 6483 | 5204 |
| Cooper Tire & Rubber | 3472 | 5706 |
| Brandywine Realty Preferred | 3788 | 3822 |
| Allegheny Technologies Inc | 9094 | 7590 |
| Staples Inc. | 9536 | 7125 |
| Royal Dutch Shell PLC | 6699 | 7089 |
| Procter & Gamble Co. | 4567 | 5092 |
| Nucor Corp. | 5268 | 6474 |
| Allstate Corp. | 5438 | 8034 |
| Alcoa Inc. | 8102 | 5425 |
| United Continental Holdings | 4999 | 4676 |
| Teva Pharmceutical | 5563 | 4107 |
| Owens Illinois Inc | 8164 | 6913 |
| Merck & Co. | 3394 | 4094 |
| International Paper Co | 5124 | 7968 |
| Exxon Mobil Corporation | 7710 | 10819 |
| Energizer Holdings | 5631 | 7998 |
| Stancorp Financial Group | 3966 | 5501 |
| Johnson & Johnson | 6551 | 8763 |
| General Mills Inc | 4910 | 8084 |
| Ford Motor Company | 4827 | 7770 |
| Delta Air Lines | 5297 | 6528 |
| Unilever NV | 6542 | 9467 |
| Tyson Foods Inc | 4235 | 7760 |
| The Travelers Companies | 6555 | 10773 |
| Microsoft Corp | 4122 | 5342 |
| Comcast Corp | 2099 | 4490 |
| BB&T Corp | 5376 | 5822 |
| Alexandria Real Estate | 5017 | 5279 |
| Olin Corp | 4542 | 5397 |
| New York Community Bancorp | 8139 | 6877 |
| Intel Corp | 6392 | 6702 |
| CVS Corp | 3321 | 6044 |
| Crown Holding Inc | 2571 | 4601 |
| Pfizer | 4989 | 5016 |
| Kroger Company | 5377 | 7806 |
| Hewlett-Packard Company | 5438 | 3206 |
| General Electric | 5817 | 6822 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Duke Realty Corp. | AT COST | 3401 | 4161 |
| Weingarten Realty Investors | AT COST | 3756 | 3744 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (2 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|---|
| Machinery and Equipment | 27872 | 27640 | 232 | 232 |
| Furniture and Fixtures | 991 | 991 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Adams Hendon Carson Crow | Category |
| Amount | $400 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| Utilities | 2410 |
| Telephone | 3189 |
| Supplies | 30 |
| Postage & Shipping | 218 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Payable to Paul R. Farago | Description |
| BOY Book Value | 14042 | BOYBookValue |
| EOY Book Value | 8844 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | Category |
| Amount | $5,677 | Amount |
| Net Investment Income | 5677 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Tax Withholding | Category |
| Amount | $71 | Amount |
| Net Investment Income | 71 | NetInvestmentIncome |
Comments