ED FITTS CHARITABLE FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ED FITTS CHARITABLE FOUNDATION (EIN 20-1914665)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201333199349100703
- Schema version
- 2012v2.1
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T07:04:22-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232875868 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT J KRATZ & COMPANY | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 145 WEST LANCASTER AVENUE | AddressLine1 |
| City | PAOLI | City |
| State | PA | State |
| ZIP Code | 19301 | 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 | 201914665 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ED FITTS CHARITABLE FOUNDATION CO MARY WREN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EDFI | NameControl |
| Phone | 6108881062 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 HIGHCROFT DRIVE | AddressLine1 |
| City | MORGANTOWN | City |
| State | PA | State |
| ZIP Code | 19543 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EDWARD P FITTS JR | Name |
| Title | TRUSTEE | Title |
| Phone | 6108881062 | Phone |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT J KRATZ CPA | Name |
| PTIN | P00144218 | PTIN |
| Phone | 6102962500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 1030281 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 38594 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 25396 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 25396 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 4011 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 87711 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 4011 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1191 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1191 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 69192 | TotalRevenueAndExpenses |
| Total Net Investment Income | 30598 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 1565 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 1565 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 3020 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 3020 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 67 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 67 | TaxesDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 106687 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 106687 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 732 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 732 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 112071 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 732 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 111339 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 36826 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 36826 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 148897 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 732 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 148165 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -79705 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 29866 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 28675 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 26413 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 26413 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 77578 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 25606 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 26155 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 409707 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 400530 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 594296 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 359415 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 349571 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 365330 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 75120 | InvestmentsOtherBOY |
| Investments Other EOY | 68670 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 18087 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 950495 | TotalAssetsBOY |
| Total Assets EOY | 870790 | TotalAssetsEOY |
| Total Assets EOYFMV | 1030281 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 950495 | RetainedEarningsBOY |
| Retained Earnings EOY | 870790 | RetainedEarningsEOY |
| Total Net Assets BOY | 950495 | TotalNetAssetsBOY |
| Total Net Assets EOY | 870790 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 950495 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 870790 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 950495 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -79705 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 870790 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 870790 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (8 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| ISHARES RUSSELL 2000 INDEX | P | 2004-04-29 | 2012-04-16 | 9996 | 9074 | 922 | 922 |
| LLRC EQUITY PARTNERS, L.P. | P | 2681 | 2681 | 2681 | |||
| BANK OF AMERICA NC | P | 2008-12-08 | 2012-06-15 | 25000 | 25168 | -168 | -168 |
| VANGUARD TOTAL BOND MARKET INDEX-SIG | P | 2012-06-30 | 2012-08-09 | 6568 | 6497 | 71 | 71 |
| ISHARES CORE S&P SMALL CAP ETF | P | 2008-12-04 | 2012-07-10 | 5034 | 2706 | 2328 | 2328 |
| VANGUARD S-T INVESTMENT GRADE FUND - ADM | P | 2010-10-20 | 2012-08-09 | 10000 | 10093 | -93 | -93 |
| VANGUARD TOTAL BOND MARKET INDEX-SIG | P | 2010-10-20 | 2012-08-09 | 3432 | 3358 | 74 | 74 |
| FFCB NC | P | 2008-11-05 | 2012-11-26 | 25000 | 26804 | -1804 | -1804 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 4011 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 160903 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 196157 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.820277 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 2385554 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 938369 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 2.542234 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 568602 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1497307 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.379750 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 515904 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 1967382 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.262229 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 471881 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 2018321 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.233799 | DistributionRatioYear5 |
| Total Distribution Ratio | 4.238289 | TotalDistributionRatio |
| Average Distribution Ratio | 0.847658 | AverageDistributionRatio |
| Net Noncharitable Assets | 1044746 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 885587 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 299 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 885886 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 148165 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 597 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 597 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 597 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 2760 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 2760 | TotalCreditsAndPayments |
| Overpayment | 2163 | Overpayment |
| Amount Credited To Next Year | 2163 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | PA | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | ROBERT STETSON | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6106409551 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6022 WEST CHESTER PIKE | AddressLine1 |
| City | NEWTOWN SQUARE | City |
| State | PA | State |
| ZIP Code | 19073 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | EDWARD P FITTS | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 90 LIGHTHOUSE DRIVE | AddressLine1 |
| City | JUPITER | City |
| State | FL | State |
| ZIP Code | 33469 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | Title |
| Avg Hours Per Wk Devoted To Position | 1.00 | AvgHoursPerWkDevotedToPosition |
| Compensation | 0 | Compensation |
| Contri To Empl Benefit Plans Etc | 0 | ContriToEmplBenefitPlansEtc |
| Expense Account Other Allowances | 0 | ExpenseAccountOtherAllowances |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1033112 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 27544 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1060656 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 1060656 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 15910 | CashDeemedCharitable |
| Net Noncharitable Assets | 1044746 | NetNoncharitableAssets |
| Minimum Investment Return | 52237 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 52237 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 597 | TaxBasedOnInvestmentIncome |
| Total Tax | 597 | TotalTax |
| Distributable Amount Before Adj | 51640 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 51640 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 51640 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 148165 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 148165 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 148165 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 51640 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 380881 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 419265 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 494773 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 2350710 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 151540 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 3797169 | TotalExcessDistriCarryover |
| Qualifying Distributions | 148165 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 51640 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 96525 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3893694 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 380881 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 3512813 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 419265 | ExcessFromYear4 |
| Excess From Year3 | 494773 | ExcessFromYear3 |
| Excess From Year2 | 2350710 | ExcessFromYear2 |
| Excess From Year1 | 151540 | ExcessFromYear1 |
| Excess From Current Year | 96525 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC STATE SCHOLARSHIP PROGRAM | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CAMPUS BOX 7901 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 276957901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | 501(C)(3) | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | TO FUND THE RECIPIENTS FELLOWSHIP & SCHOLARSHIP PROGRAMS | PurposeOfGrantOrContribution |
| Amount | $36,826 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 36826 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $25,396 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 01 | ExclusionCode |
| Exclusion | $1,191 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $4,011 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $30,598 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 30598 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | EDWARD P FITTS | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 90 LIGHTHOUSE DRIVE | AddressLine1 |
| City | JUPITER | City |
| State | FL | State |
| ZIP Code | 33469 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 38594 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING & TAX PREP | Category |
| Amount | $3,020 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 3020 | DisbursementsCharitablePrps |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (2 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| SHS VANGUARD SHORT TERM INVESTMENT GRADE FUND | 179577 | 182476 |
| SHS VANGUARD TOTAL BOND MARKET INDEX | 169994 | 182854 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | CORPORATE STOCKS | NameOfStock |
| EOY Book Value | 400530 | EOYBookValue |
| EOYFMV | 594296 | EOYFMV |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 25606 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 26155 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LLR EQUITY PARTNERS | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 68670 | BookValue |
| EOYFMV | 18087 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL EXPENSES | Category |
| Amount | $1,565 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 1565 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LLR EQUITY PARTNERS, L.P. | Description |
| Revenue And Expenses Per Books | 732 | RevenueAndExpensesPerBooks |
| Net Investment Income | 732 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LLR EQUITY PARTNERS, L.P. INCOME | Description |
| Revenue And Expenses Per Books | 1191 | RevenueAndExpensesPerBooks |
| Net Investment Income | 1191 | NetInvestmentIncome |
| Adjusted Net Income | 1191 | AdjustedNetIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | Category |
| Amount | $67 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 67 | DisbursementsCharitablePrps |
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