ZELNAK PRIVATE FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ZELNAK PRIVATE FOUNDATION (EIN 56-2115096)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-14
- IRS object ID
- 201341349349100934
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Other Assets Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T10:47:18-05:00 | 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 | BATCHELOR TILLERY & ROBERTS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 GLENWOOD AVENUE SUITE 350 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27612 | 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 | 562115096 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ZELNAK PRIVATE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % PNC | InCareOfName |
| Name Control | ZELN | NameControl |
| Phone | 9197834543 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 DRUMMOND DRIVE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27609 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN P ZELNAK JR | Name |
| Title | TRUSTEE | Title |
| Phone | 9197834543 | Phone |
| Date Signed | 2013-05-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ann H Tillery | Name |
| Phone | 9197878212 | 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 | 3128444 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 0 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 120 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 120 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 160424 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 160424 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 135406 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 2306972 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 135406 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 295950 | TotalRevenueAndExpenses |
| Total Net Investment Income | 295950 | TotalNetInvestmentIncome |
| Other Prof Fees Rev And Expnss | 14612 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 14612 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 1166 | TaxesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 15778 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 14612 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 500000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 500000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 515778 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 14612 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 500000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -219828 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 281338 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 47936 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 141504 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 141504 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 329375 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 0 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 0 | InvestmentsGovtObligEOYFMV |
| Investments Corp Bonds BOY | 2832111 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 2855636 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 2986652 | InvestmentsCorpBondsEOYFMV |
| Other Assets BOY | 7834 | OtherAssetsBOY |
| Other Assets EOY | 288 | OtherAssetsEOY |
| Other Assets EOYFMV | 288 | OtherAssetsEOYFMV |
| Total Assets BOY | 3217256 | TotalAssetsBOY |
| Total Assets EOY | 2997428 | TotalAssetsEOY |
| Total Assets EOYFMV | 3128444 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 3217256 | RetainedEarningsBOY |
| Retained Earnings EOY | 2997428 | RetainedEarningsEOY |
| Total Net Assets BOY | 3217256 | TotalNetAssetsBOY |
| Total Net Assets EOY | 2997428 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 3217256 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 2997428 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 3217256 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -219828 | ExcessOfRevenueOverExpenses |
| Subtotal | 2997428 | Subtotal |
| Total Net Assets Fund Balances EOY | 2997428 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (64 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 |
|---|---|---|---|---|---|---|---|
| 150000 UNITED PARCEL SERVICE INC | P | 2011-12-19 | 2012-06-29 | 180912 | 183932 | -3020 | -3020 |
| 1563 FNMA #735212 | P | 2012-06-06 | 2012-06-30 | 1563 | 1695 | -132 | -132 |
| 2502.89 FNMA #AC8512 | P | 2012-06-06 | 2012-06-30 | 2503 | 2682 | -179 | -179 |
| 673.14 FNMA #AJ8414 | P | 2012-06-19 | 2012-07-31 | 673 | 717 | -44 | -44 |
| 1692.28 FNMA #735212 | P | 2012-06-06 | 2012-07-31 | 1692 | 1833 | -141 | -141 |
| 5712.09 FNMA #AC8512 | P | 2012-06-06 | 2012-07-31 | 5712 | 6114 | -402 | -402 |
| 979.01 FEDERAL HOME LN MTG CORP #GO8416 | P | 2012-07-11 | 2012-07-31 | 979 | 1054 | -75 | -75 |
| 100000 AT&T INC | P | 2011-12-19 | 2012-08-01 | 107421 | 104456 | 2965 | 2965 |
| 100000 DU PONT E I DE NEMOURS & CO | P | 2011-12-19 | 2012-08-22 | 125024 | 122804 | 2220 | 2220 |
| 781.343 FNMA #AJ8414 | P | 2012-06-19 | 2012-08-31 | 781 | 831 | -50 | -50 |
| 8251.46 FNMA #AH2367 | P | 2012-08-07 | 2012-08-31 | 8251 | 8844 | -593 | -593 |
| 5531.37 FNMA #AC8512 | P | 2012-06-06 | 2012-08-31 | 5531 | 5913 | -382 | -382 |
| 7771.53 FNMA #AD8033 | P | 2012-07-18 | 2012-08-31 | 7772 | 8323 | -551 | -551 |
| 1764.32 FNMA #735212 | P | 2012-06-06 | 2012-08-31 | 1764 | 1908 | -144 | -144 |
| 1753.58 FNMA #983077 | P | 2012-07-11 | 2012-08-31 | 1754 | 1908 | -154 | -154 |
| 1691.68 FEDERAL HOME LN MTG CORP #GO8416 | P | 2012-07-11 | 2012-08-31 | 1692 | 1817 | -125 | -125 |
| 50000 PNC FDG CORP | P | 2012-04-02 | 2012-09-06 | 54703 | 54695 | 8 | 8 |
| 73.53 FNMA #MC0460 | P | 2012-08-21 | 2012-09-30 | 74 | 74 | ||
| 3210.62 FNMA #AE0218 | P | 2012-08-21 | 2012-09-30 | 3211 | 3457 | -246 | -246 |
| 5450.15 FNMA #AD8033 | P | 2012-07-18 | 2012-09-30 | 5450 | 5829 | -379 | -379 |
| 1761.05 FNMA #983077 | P | 2012-07-11 | 2012-09-30 | 1761 | 1914 | -153 | -153 |
| 2130.87 FNMA #995094 | P | 2012-09-06 | 2012-09-30 | 2131 | 2309 | -178 | -178 |
| 4920.15 FNMA #AC8512 | P | 2012-06-06 | 2012-09-30 | 4920 | 5253 | -333 | -333 |
| 4686.25 FNMA #932848 | P | 2012-09-06 | 2012-09-30 | 4686 | 5018 | -332 | -332 |
| 1492.02 FNMA #735212 | P | 2012-06-06 | 2012-09-30 | 1492 | 1612 | -120 | -120 |
| 1314.47 FNMA #AJ8414 | P | 2012-06-19 | 2012-09-30 | 1314 | 1396 | -82 | -82 |
| 6210.83 FNMA #AH2367 | P | 2012-08-07 | 2012-09-30 | 6211 | 6651 | -440 | -440 |
| 1165.09 FEDERAL HOME LN MTG CORP #GO8416 | P | 2012-07-11 | 2012-09-30 | 1165 | 1248 | -83 | -83 |
| 2017.03 FNMA #995094 | P | 2012-09-06 | 2012-10-31 | 2017 | 2182 | -165 | -165 |
| 6811.57 FNMA #AC8512 | P | 2012-06-06 | 2012-10-31 | 6812 | 7263 | -451 | -451 |
| 5184.28 FNMA #AD8033 | P | 2012-07-18 | 2012-10-31 | 5184 | 5537 | -353 | -353 |
| 3479.62 FNMA #AE0218 | P | 2012-08-21 | 2012-10-31 | 3480 | 3737 | -257 | -257 |
| 3075.67 FNMA MC0460 | P | 2012-08-21 | 2012-10-31 | 3076 | 3317 | -241 | -241 |
| 1955.71 FNMA #983077 | P | 2012-07-11 | 2012-10-31 | 1956 | 2123 | -167 | -167 |
| 6656.35 FNMA #AH2367 | P | 2012-08-07 | 2012-10-31 | 6656 | 7122 | -466 | -466 |
| 573.77 FNMA #AH7204 | P | 2012-09-25 | 2012-10-31 | 574 | 625 | -51 | -51 |
| 702.89 FNMA #AJ8414 | P | 2012-06-19 | 2012-10-31 | 703 | 746 | -43 | -43 |
| 2177.82 FNMA #735212 | P | 2012-06-06 | 2012-10-31 | 2178 | 2349 | -171 | -171 |
| 3530.21 FNMA #932848 | P | 2012-09-06 | 2012-10-31 | 3530 | 3777 | -247 | -247 |
| 1059.82 FEDERAL HOME LN MTG CORP #GO8416 | P | 2012-07-11 | 2012-10-31 | 1060 | 1132 | -72 | -72 |
| 2394.36 FNMA #995094 | P | 2012-09-06 | 2012-11-30 | 2394 | 2591 | -197 | -197 |
| 5652.15 FNMA #AC8512 | P | 2012-06-19 | 2012-11-30 | 5652 | 6038 | -386 | -386 |
| 3918.37 FNMA #AD8033 | P | 2012-07-18 | 2012-11-30 | 3918 | 4185 | -267 | -267 |
| 3240.16 FNMA #AE0218 | P | 2012-08-21 | 2012-11-30 | 3240 | 3479 | -239 | -239 |
| 1242.43 FNMA #MC0460 | P | 2012-08-21 | 2012-11-30 | 1242 | 1340 | -98 | -98 |
| 1168.25 FEDERAL HOME LN MTG CORP #GO8416 | P | 2012-07-11 | 2012-11-30 | 1168 | 1244 | -76 | -76 |
| 3980.29 FNMA #AH2367 | P | 2012-08-07 | 2012-11-30 | 3980 | 4259 | -279 | -279 |
| 365.38 FNMA #AH7204 | P | 2012-09-25 | 2012-11-30 | 365 | 398 | -33 | -33 |
| 1037.52 FNMA #AJ8414 | P | 2012-06-19 | 2012-11-30 | 1037 | 1100 | -63 | -63 |
| 1588.8 FNMA #983077 | P | 2012-07-11 | 2012-11-30 | 1589 | 1725 | -136 | -136 |
| 1987.32 FNMA #735212 | P | 2012-06-06 | 2012-11-30 | 1987 | 2144 | -157 | -157 |
| 4863.78 FNMA #932848 | P | 2012-09-06 | 2012-11-30 | 4864 | 5204 | -340 | -340 |
| 200000 FEDERAL FARM CR BKS CONS | P | 2007-04-02 | 2012-03-13 | 200000 | 199876 | 124 | 124 |
| 100000 HONEYWELL INTL INC SR NT | P | 2008-09-19 | 2012-04-27 | 115980 | 101391 | 14589 | 14589 |
| 150000 CREDIT SUISSE FIRST BOSTON N Y | P | 2009-05-07 | 2012-04-27 | 155662 | 149968 | 5694 | 5694 |
| 150000 WELLS FARGO & CO NEW SUB NT | P | 2008-12-19 | 2012-04-27 | 158059 | 149724 | 8335 | 8335 |
| 125000 FEDERAL FARM CR BKS CONS | P | 2008-03-11 | 2012-06-04 | 155733 | 129593 | 26140 | 26140 |
| 150000 GENERAL ELEC CAP CORP SR UNSECD MTN | P | 2009-05-07 | 2012-06-19 | 171963 | 142574 | 29389 | 29389 |
| 150000 BARCLAYS BK PLC | P | 2010-07-26 | 2012-07-09 | 162614 | 156101 | 6513 | 6513 |
| 100000 CISCO SYS INC | P | 2010-07-26 | 2012-07-26 | 117769 | 106181 | 11588 | 11588 |
| 100000 PFIZER INC | P | 2010-07-26 | 2012-08-07 | 127446 | 119705 | 7741 | 7741 |
| 75000 UNITED TECHNOLOGIES CORP | P | 2010-09-02 | 2012-08-07 | 93877 | 92019 | 1858 | 1858 |
| 100000 NATIONAL RURAL UTILS COOP FIN | P | 2009-05-07 | 2012-08-21 | 145299 | 117493 | 27806 | 27806 |
| 75000 ORACLE CORP NT | P | 2010-09-02 | 2012-09-06 | 92765 | 89037 | 3728 | 3728 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 135406 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1347354 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 4466202 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.301678 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 697967 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 4174330 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.167205 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 870422 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 3903302 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.222996 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 840300 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 3705902 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.226746 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 1110780 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 3555561 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.312406 | DistributionRatioYear5 |
| Total Distribution Ratio | 1.231031 | TotalDistributionRatio |
| Average Distribution Ratio | 0.246206 | AverageDistributionRatio |
| Net Noncharitable Assets | 3172015 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 780969 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 2813 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 783782 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 500000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 5627 | InvestmentIncomeExciseTax |
| Subtotal | 5627 | Subtotal |
| Tax Based On Investment Income | 5627 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 2680 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 2680 | TotalCreditsAndPayments |
| Tax Due | 2947 | 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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| 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 | PNC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2162222977 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 E 9TH STREET | AddressLine1 |
| City | CLEVELAND | City |
| State | OH | State |
| ZIP Code | 44114 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| 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 |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| STEPHEN P ZELNAK JR | ||||||
| 409 DRUMMOND DRIVE | RALEIGH | NC | 27609 | TRUSTEE <1 HR/WK | 0 | 0 |
| JUDY D ZELNAK | ||||||
| 409 DRUMMOND DRIVE | RALEIGH | NC | 27609 | TRUSTEE <1 HR/WK | 0 | 0 |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DISTRIBUTED $500,000 TO 1 ORGANIZATION DURING 2012 FOR EDUCATIONAL, CIVIC AND OTHER CHARITABLE PURPOSES. | Description1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 3093574 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 126746 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3220320 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 3220320 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 48305 | CashDeemedCharitable |
| Net Noncharitable Assets | 3172015 | NetNoncharitableAssets |
| Minimum Investment Return | 158601 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 158601 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 5627 | TaxBasedOnInvestmentIncome |
| Total Tax | 5627 | TotalTax |
| Distributable Amount Before Adj | 152974 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 152974 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 152974 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 500000 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Amounts Paid Acq Charitable Assets | 0 | AmountsPaidAcqCharitableAssets |
| Amounts Set Aside Suitability Test | 0 | AmountsSetAsideSuitabilityTest |
| Amounts Set Aside Cash Distri Test | 0 | AmountsSetAsideCashDistriTest |
| Qualifying Distributions | 500000 | QualifyingDistributions |
| Adj Qualifying Distributions | 500000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 152974 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Prior Year1 | 2010 | PriorYear1 |
| Prior Year2 | 2009 | PriorYear2 |
| Prior Year3 | 2008 | PriorYear3 |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 936442 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 661319 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 678474 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 493409 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 1129336 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 3898980 | TotalExcessDistriCarryover |
| Qualifying Distributions | 500000 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Current Year | 152974 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 347026 | RemainingDistriFromCorpus |
| Total Corpus | 4246006 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 936442 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 3309564 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 661319 | ExcessFromYear4 |
| Excess From Year3 | 678474 | ExcessFromYear3 |
| Excess From Year2 | 493409 | ExcessFromYear2 |
| Excess From Year1 | 1129336 | ExcessFromYear1 |
| Excess From Current Year | 347026 | ExcessFromCurrentYear |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundations |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN P ZELNAK JR | ContributingManager |
| 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 | SALVATION ARMY OF WAKE COUNTY | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 SOUTH PERSON STREET | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | NON-PROFIT | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | CHARITABLE-GENERAL SUPPORT | PurposeOfGrantOrContribution |
| Amount | $500,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 500000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Agencies | FeesContractsFromGovtAgencies | |
| Membership Dues And Assessments | MembershipDuesAndAssessments |
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $120 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $160,424 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Incm Re Debt Fincd Prop | NetRentalIncmReDebtFincdProp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Incm Personal Property | NetRentalIncmPersonalProperty | |
| Other Investment Income Part VII | OtherInvestmentIncomePartVII |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $135,406 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Events | NetIncomeLossFromSpecialEvents | |
| Gross Profit Loss Sales Of Invntry | GrossProfitLossSalesOfInvntry |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $295,950 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 295950 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Oth Prog Rltd Investments AllOthProgRltdInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | N/A | Description |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (45 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 150,000 BEAR STEARNS COS INC | 146091 | 180150 |
| 150,000 COCA-COLA CO | 155729 | 179607 |
| 150,000 CREDIT SUISSE 1ST BOST | 0 | 0 |
| 150,000 GENERAL ELECTRIC CAP C | 0 | 0 |
| 50,000 NATIONAL RURAL UTIL CO | 58746 | 73911 |
| 150,000 WACHOVIA CORP | 138816 | 179706 |
| 150,000 WELLS FARGO & CO | 0 | 0 |
| 150,000 BARCLAYS BK PLC | 0 | 0 |
| 50,000 CISCO SYS INC | 53090 | 57979 |
| 50,000 PFIZER INC | 59853 | 63199 |
| 150,000 SCHERING PLOUGH CORP | 176688 | 183837 |
| 50,000 ORACLE CORP | 59358 | 60851 |
| 50,000 UNITED TECHNOLOGIES CO | 61346 | 62311 |
| 150,000 WAL-MART STORES INC | 177360 | 177574 |
| 50,000 DU PONTE DE NEMOURS | 61402 | 61706 |
| 50,000 AT&T INC | 52228 | 52936 |
| 100,000 HONEYWELL INTL INC | 0 | 0 |
| 150,000 UNITED PARCEL SERVICE | 0 | 0 |
| 25,000 AMERICAN INTL GROUP | 26437 | 26335 |
| 50,000 ANHEUSER BUSCH INBEV | 54176 | 53429 |
| 25,000 CAPITAL ONE FINANCIAL | 25361 | 25450 |
| 100,000 CITIGROUP INC | 107015 | 107284 |
| 50,000 DIAGEO FINANCE BV | 56891 | 56124 |
| 50,000 HSBC USA INC | 51068 | 51431 |
| 50,000 METLIFE INC | 59178 | 59218 |
| 50,000 PNC FUNDING CORP | 54695 | 54498 |
| 25,000 PETROBRAS INTL FIN | 25275 | 25652 |
| 25,000 PRUDENTIAL FINANCIAL | 26938 | 26759 |
| 25,000 TIME WARNER INC | 29282 | 29272 |
| 50,000 TOTAL CAPITAL | 53598 | 53218 |
| 50,000 VERIZON COMMUNICATIONS | 58036 | 56937 |
| 25,000 WASTE MANAGEMENT INC | 25912 | 26189 |
| 45,358.39 FNMA #AL2513 | 48732 | 48672 |
| 27,125.65 FED HOME LOAN G08416 | 30504 | 29210 |
| 177,879.64 FNMA #AH2367 | 190748 | 190876 |
| 42,129.232 FNMA #AH7204 | 45862 | 45220 |
| 43,484.234 FNMA #AJ8414 | 46345 | 46675 |
| 39,799.944 FNMA #735212 | 43202 | 43263 |
| 97,098.009 FNMA #932848 | 104032 | 104192 |
| 30,330.503 FNMA #983077 | 33013 | 32856 |
| 37,542.569 FNMA #995094 | 40710 | 40685 |
| 129,761.319 FNMA #AC8512 | 139221 | 140216 |
| 145,804.665 FNMA #AD8033 | 156262 | 156457 |
| 75,548.111 FNMA #AE0218 | 81462 | 81612 |
| 37,911.205 FNMA #MC0460 | 40974 | 41155 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 0 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 0 | USGovtSecuritiesEOYFMV |
Land Etc Schedule2 LandEtcSchedule2
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACCRUED INTEREST PURCHASED | Description |
| BOY Book Value | 7834 | BOYBookValue |
| EOY Book Value | 288 | EOYBookValue |
| EOYFMV | 288 | EOYFMV |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | US TRUST ASSET FEES | Category |
| Amount | $14,612 | Amount |
| Net Investment Income | 14612 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2012 FEDERAL EST. TAX PMTS. | Category |
| Amount | $1,166 | Amount |
Comments