THE MICHEL FAMILY FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE MICHEL FAMILY FOUNDATION INC (EIN 56-1853139)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-15
- IRS object ID
- 201241369349102174
- Schema version
- 2011v1.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T15:22:38-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561582677 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAYNES STRAND AND COMPANY PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10949 | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561853139 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHEL FAMILY FOUNDATION INC | BusinessNameLine1 |
| Business Name Line2 | C/O MARGARET A MICHEL | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MICH | NameControl |
| Phone | 3362742451 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4102 ANGELICA LANE | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27408 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARGARET A MICHEL | Name |
| Title | PRESIDENT | Title |
| Phone | 3362742451 | Phone |
| Date Signed | 2012-05-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHNNY C WOOD CPA | Name |
| PTIN | P00370070 | PTIN |
| Phone | 3362863204 | Phone |
| Date Prepared | 2012-05-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | 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 | 3804875 | 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 | 5 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 5 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 189133 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 189133 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 232553 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 2345544 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 232553 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 421691 | TotalRevenueAndExpenses |
| Total Net Investment Income | 421691 | 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 |
| Other Prof Fees Rev And Expnss | 27516 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 27516 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 142 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 142 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 1978 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 1908 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 29636 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 27658 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1908 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 341150 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 341150 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 370786 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 27658 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 343058 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 50905 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 394033 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 16924 | CashBOY |
| Cash EOY | 28797 | CashEOY |
| Cash EOYFMV | 28797 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 84392 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 195118 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 195118 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 2110 | AccountsReceivable |
| Accounts Receivable BOY | 18980 | AccountsReceivableBOY |
| Accounts Receivable EOY | 2110 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 2110 | AccountsReceivableEOYFMV |
| Investments Govt Oblig BOY | 88009 | InvestmentsGovtObligBOY |
| Investments Corp Stock BOY | 2317097 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2339109 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 2586467 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 927276 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 938449 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 992383 | InvestmentsCorpBondsEOYFMV |
| Total Assets BOY | 3452678 | TotalAssetsBOY |
| Total Assets EOY | 3503583 | TotalAssetsEOY |
| Total Assets EOYFMV | 3804875 | 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 | 3452678 | RetainedEarningsBOY |
| Retained Earnings EOY | 3503583 | RetainedEarningsEOY |
| Total Net Assets BOY | 3452678 | TotalNetAssetsBOY |
| Total Net Assets EOY | 3503583 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 3452678 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 3503583 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 3452678 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 50905 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 3503583 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 3503583 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2338379 | 2112991 | 225388 | 225388 | |
| CAPITAL GAINS DIVIDENDS | 7165 | 7165 | 7165 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 232553 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 202587 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 3934556 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.051489 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 158145 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 3417532 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.046275 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 325925 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 4229951 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.077052 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 264784 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 4995922 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.053000 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 328848 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 4669068 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.070431 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.298247 | TotalDistributionRatio |
| Average Distribution Ratio | 0.059649 | AverageDistributionRatio |
| Net Noncharitable Assets | 4155706 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 247884 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 3940 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 251824 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 343058 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 3940 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 3940 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 3940 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 5270 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 5270 | TotalCreditsAndPayments |
| Overpayment | 1330 | Overpayment |
| Amount Credited To Next Year | 1330 | 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 | NC | 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 | MARGARET A MICHEL | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3362742451 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4102 ANGELICA LANE | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27408 | 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 (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MARGARET A MICHEL | ||||||||
| 4102 ANGELICA LANE | GREENSBORO | NC | 27408 | PRESIDENT, DIRECTOR | 1.00 | 0 | 0 | 0 |
| ALBERT J MICHEL | ||||||||
| 4102 ANGELICA LANE | GREENSBORO | NC | 27408 | VP, SEC, TREAS, DIRECTOR | 1.00 | 0 | 0 | 0 |
| MARY R TEMOCHE | ||||||||
| 3605 GRAMERCY ROAD | GREENSBORO | NC | 27410 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| SUSAN MICHEL | ||||||||
| 116 HAWKINS DRIVE | GREENSBORO | NC | 27410 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| JOE MICHEL | ||||||||
| 1204 COUNTRY CLUB DRIVE | GREENSBORO | NC | 27408 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| 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 | 4104748 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 114243 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 4218991 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 4218991 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 63285 | CashDeemedCharitable |
| Net Noncharitable Assets | 4155706 | NetNoncharitableAssets |
| Minimum Investment Return | 207785 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 207785 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 3940 | TaxBasedOnInvestmentIncome |
| Total Tax | 3940 | TotalTax |
| Distributable Amount Before Adj | 203845 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 203845 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 203845 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 343058 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 343058 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 3940 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 339118 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 203845 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 101899 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 24575 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 116703 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year1 | 10625 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 253802 | TotalExcessDistriCarryover |
| Qualifying Distributions | 343058 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 203845 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 139213 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 393015 | 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 | 101899 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 291116 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 24575 | ExcessFromYear4 |
| Excess From Year3 | 116703 | ExcessFromYear3 |
| Excess From Year1 | 10625 | ExcessFromYear1 |
| Excess From Current Year | 139213 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARGARET A MICHEL | ContributingManager |
| Contributing Manager | ALBERT J MICHEL | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (33 entries)
| Address Line1RecipientForeignAddress/AddressLine1 | CityRecipientForeignAddress/City | CountryRecipientForeignAddress/Country | Postal CodeRecipientForeignAddress/PostalCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode |
|---|---|---|---|---|---|---|---|---|---|---|
| ALIGHT FOUNDATION | ||||||||||
| POBOX 684 | KUMASI | GH | 0233 | 501(C)(3) | UNRESTRICTED | $3,500 | ||||
| BACKPACK BEGINNINGS | ||||||||||
| 501(C)(3) | UNRESTRICTED | $3,000 | 330 SOUTH GREENE STREET SUITE 100 | GREENSBORO | NC | 27401 | ||||
| BARNABAS NETWORK | ||||||||||
| 501(C)(3) | UNRESTRICTED | $12,000 | 2024 EAST MARKET STREET | GREENSBORO | NC | 27401 | ||||
| CAMP SEA GULL AND CAMP SEAFARER | ||||||||||
| 501(C)(3) | UNRESTRICTED | $1,500 | 218 SEA GULL LANDING | ARAPAHOE | NC | 28510 | ||||
| CANTERBURY SCHOOL | ||||||||||
| 501(C)(3) | ANNUAL FUND | $2,000 | 5400 OLD LAKE JEANETTE ROAD | GREENSBORO | NC | 27455 | ||||
| CAROLINA THEATRE | ||||||||||
| 501(C)(3) | SPOTLIGHTING THE FUTURE | $20,000 | 310 SOUTH GREENE STREET | GREENSBORO | NC | 27401 | ||||
| CHILDRENS HOME SOCIETY OF NORTH CAROLINA | ||||||||||
| 501(C)(3) | PLACE TO CALL HOME | $75,000 | PO BOX 14608 | GREENSBORO | NC | 27415 | ||||
| CROHN'S AND COLITIS FOUNDATION OF AMERICA | ||||||||||
| 501(C)(3) | UNRESTRICTED | $3,000 | 386 PARK AVENUE SOUTH 17TH FLOOR | NEW YORK | NY | 10016 | ||||
| COOLEEMEE HISTORICAL ASSOCIATION | ||||||||||
| 501(C)(3) | UNRESTRICTED | $1,000 | PO BOX 667 | COOLEEMEE | NC | 27014 | ||||
| EASTERN MUSIC FESTIVAL | ||||||||||
| 501(C)(3) | 50TH ANNIVERSARY | $2,000 | PO BOX 22026 | GREENSBORO | NC | 27420 | ||||
| FAMILY SERVICE OF THE PIEDMONT | ||||||||||
| 501(C)(3) | UNRESTRICTED | $2,000 | 315 EAST WASHINGTON STREET | GREENSBORO | NC | 27401 | ||||
| FIRST PRESBYTERIAN CHURCH | ||||||||||
| 501(C)(3) | PLEDGES; REACH OUT | $31,000 | 617 NORTH ELM STREET | GREENSBORO | NC | 27401 | ||||
| GREEN HILL CENTER FOR NC ART | ||||||||||
| 501(C)(3) | UNRESTRICTED | $2,000 | 200 NORTH DAVIE STREET | GREENSBORO | NC | 27401 | ||||
| GREENSBORO DOWNTOWN GREENWAY | ||||||||||
| 501(C)(3) | UNRESTRICTED | $5,000 | 317 SOUTH ELM STREET | GREENSBORO | NC | 27401 | ||||
| GREENSBORO URBAN MINISTRY | ||||||||||
| 501(C)(3) | UNRESTRICTED | $4,000 | 305 WEST LEE STREET | GREENSBORO | NC | 27406 | ||||
| GUILFORD ADULT HEALTH INC | ||||||||||
| 501(C)(3) | UNRESTRICTED | $3,000 | 1046 EAST WENDOVER AVENUE | GREENSBORO | NC | 27405 | ||||
| GUILFORD EDUCATION ALLIANCE | ||||||||||
| 501(C)(3) | UNRESTRICTED | $5,000 | 902 BONNER DRIVE | JAMESTOWN | NC | 27282 | ||||
| HOSPICE AND PALLIATIVE CARE OF GREENSBORO | ||||||||||
| 501(C)(3) | CORKS FOR KIDS | $1,000 | 2500 SUMMIT AVENUE | GREENSBORO | NC | 27405 | ||||
| LIFESPAN | ||||||||||
| 501(C)(3) | UNRESTRICTED | $1,000 | 200 CLANTON ROAD | CHARLOTTE | NC | 28217 | ||||
| MAGGIE AND ERMA'S HOUSE | ||||||||||
| 501(C)(3) | UNRESTRICTED | $1,000 | 1501 WEST FRIENDLY AVENUE | GREENSBORO | NC | 27403 | ||||
| MENTAL HEALTH ASSOCIATION OF GREENSBORO | ||||||||||
| 501(C)(3) | ART OF LIVING AUCTION | $1,000 | 330 SOUTH GREENE STREET SUITE B-12 | GREENSBORO | NC | 27401 | ||||
| NORTH CAROLINA COMMUNITY FOUNDATION | ||||||||||
| 501(C)(3) | UNRESTRICTED | $650 | 4601 SIX FORKS ROAD SUITE 524 | RALEIGH | NC | 27609 | ||||
| PENN-GRIFFIN SCHOOL FOR THE ARTS | ||||||||||
| 501(C)(3) | LANDSCAPING PROJECT | $3,000 | 825 WASHINGTON STREET | HIGH POINT | NC | 27260 | ||||
| RESTORATION PLACE MINISTRIES | ||||||||||
| 501(C)(3) | UNRESTRICTED | $4,000 | 1301 CAROLINA STREET SUITE 114 | GREENSBORO | NC | 27401 | ||||
| RIVERLINK | ||||||||||
| 501(C)(3) | UNRESTRICTED | $2,000 | PO BOX 15488 | ASHEVILLE | NC | 28813 | ||||
| SALVATION ARMY | ||||||||||
| 501(C)(3) | UNRESTRICTED | $3,000 | PO BOX 5310 | GREENSBORO | NC | 27435 | ||||
| TRIAD STAGE | ||||||||||
| 501(C)(3) | UNRESTRICTED; CAPITAL CAMPAIGN | $40,000 | 232 SOUTH ELM SREET | GREENSBORO | NC | 27401 | ||||
| UNITED WAY OF GREATER GREENSBORO | ||||||||||
| 501(C)(3) | UNRESTRICTED | $12,000 | PO BOX 14998 | GREENSBORO | NC | 27415 | ||||
| UNIVERSITY OF NORTH CAROLINA AT GREENSBORO | ||||||||||
| 501(C)(3) | UNRESTRICTED | $10,000 | 1000 SPRING GARDEN STREET | GREENSBORO | NC | 27403 | ||||
| UNIVERSITY OF NORTHERN IOWA FOUNDATION | ||||||||||
| 501(C)(3) | IMAGINE THE IMPACT | $60,000 | 205 COMMONS | CEDAR FALLS | IA | 50614 | ||||
| WELLSPRING RETIREMENT COMMUNITY | ||||||||||
| 501(C)(3) | SKILLED NURSING RENOVATION | $25,000 | 4100 WELL SPRING DRIVE | GREENSBORO | NC | 27410 | ||||
| WIN-WIN RESOLUTIONS INC | ||||||||||
| 501(C)(3) | UNRESTRICTED | $1,000 | 122 NORTH ELM STREET | GREENSBORO | NC | 27401 | ||||
| WOMENS RESOURCE CENTER OF GREENSBORO INC | ||||||||||
| 501(C)(3) | ANNUAL CAMPAIGN | $1,500 | 628 SUMMIT AVENUE | GREENSBORO | NC | 27405 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 341150 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $5 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $189,133 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $232,553 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $421,691 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 421691 | 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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (5 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| FHLMC, 4.5%, 01.15.13 | 98343 | 104418 |
| MAINSTAY HIGH YIELD CORPORATE BOND FUND - I | 268296 | 297399 |
| PIMCO EMERGING LOCAL BOND FUND | 363199 | 374430 |
| VANGUARD FIXED INCOME INTERM-TERM INV GRADE | 129690 | 134527 |
| VANGUARD FIXED INCOME SHORT-TERM INV GRADE | 78921 | 81609 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (180 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| AAR CORP | 1823 | 1476 |
| ACCENTURE LTD CL A | 9222 | 11604 |
| ACE LIMITED | 7870 | 9045 |
| ADVANCE AUTO PARTS INC | 1768 | 2089 |
| AETNA INC | 13882 | 14809 |
| AIRGAS INC | 9825 | 11946 |
| ALASKA AIR GROUP INC | 1510 | 2178 |
| ALLIANT ENERGY CORP | 1939 | 2647 |
| AMERIGROUP CORP | 1992 | 1950 |
| AMERISOURCEBERGEN CORP | 11912 | 19934 |
| AMGEN INC | 9580 | 9953 |
| ANIXTER INTL INC | 1779 | 2147 |
| APOLLO GROUP INC CL A | 1121 | 1293 |
| AQR DIVERSIFIED ARBITRAGE FUND | 181000 | 181333 |
| ASSURANT INC | 12274 | 12277 |
| ATLAS AIR WORLDWIDE HOLDINGS | 1897 | 1460 |
| ATWOOD OCEANICS INC | 1672 | 1791 |
| AUTOZONE INC | 7199 | 17873 |
| B&G FOODS INC CL A | 989 | 1468 |
| BT GROUP PLC | 9695 | 9900 |
| BANK HAWAII CORP | 1242 | 1112 |
| BANK OF THE OZARKS INC | 1246 | 2044 |
| BED BATH & BEYOND INC | 8624 | 8696 |
| BERKLEY W R CORP | 1435 | 2339 |
| BEST BUY | 13936 | 11405 |
| BMC SOFTWARE INC | 2026 | 1868 |
| BRINKER INTL INC | 1734 | 1953 |
| CABOT CORP | 1629 | 1800 |
| CANADIAN NATL RY CO | 10301 | 11863 |
| CAPITAL ONE FINANCIAL CORP VA | 26437 | 30110 |
| CARDINAL HEALTH INC | 11856 | 11330 |
| CATEPILLAR INC | 9910 | 17576 |
| CF INDUSTRIES HOLDINGS INC | 14708 | 14933 |
| CHEVRON CORPORATION | 22879 | 42666 |
| CISCO SYSTEM INC | 20746 | 19942 |
| CMS ENERGY CORP | 1557 | 2760 |
| COCA-COLA INTERPRISES INC | 8884 | 8739 |
| COMMUNITY HEALTH SYS INC | 1667 | 995 |
| COMTECH TELECOMMUNICATIONS | 2679 | 2519 |
| CONOCOPHILLIPS | 27061 | 39058 |
| CONTANGO OIL & GAS COMPANY | 1519 | 1513 |
| COVENTRY HEALTH CARE INC | 10730 | 9688 |
| COVIDIEN PLC | 9731 | 9857 |
| CRANE CO | 1316 | 3270 |
| DELL INC | 25805 | 19941 |
| DENBURY RESOURCES INC | 1466 | 1344 |
| DILLARDS INC CL A | 1063 | 2020 |
| DIRECTV CL A | 8663 | 8295 |
| DOLLAR THRIFTY AUTOMOTIVE GROUP INC | 1138 | 1265 |
| DOLLAR TREE INC | 1286 | 5319 |
| DOMTAR CORPORATION | 1353 | 1999 |
| DONNELLEY R R & SONS CO | 10751 | 9048 |
| DST SYS INC | 1528 | 1548 |
| DTE ENERGY CO | 1190 | 1525 |
| DUKE REALTY CORP | 1715 | 1470 |
| EAST WEST BANCORP INC | 1428 | 1521 |
| EASTMAN CHEMICAL CO | 11894 | 17304 |
| ECHOSTAR CORP CL A | 2846 | 1801 |
| ENDO PHARMACEUTICALS HLDGS I | 1348 | 1865 |
| ENERGEN CORP | 1935 | 2050 |
| ENERSIS SA | 9524 | 9150 |
| EQUITY LIFESTYLE PROPERTIES INC | 1525 | 1534 |
| ERICSSON L M TEL CO | 8993 | 8337 |
| EXXON MOBIL CORP | 15224 | 49246 |
| FAIR ISAAC CORPORATION | 2220 | 2939 |
| FEDERAL-MOGUL CORPORATION | 2355 | 1977 |
| FIRST MIDWEST BANCORP | 1183 | 1509 |
| FLUOR CORP | 7409 | 7236 |
| FORD MTR CO DEL | 9954 | 13859 |
| FOSTER WHEELER AG | 1132 | 1110 |
| GAP STORES | 9354 | 8941 |
| GENERAL ELEC CO | 15646 | 17623 |
| GOLDMAN SACHS ABSOLUTE RETURN TRACKER FD CL I | 184187 | 183316 |
| GRACE W.R. & CO | 1771 | 2801 |
| HARLEY DAVIDSON INC | 9268 | 10067 |
| HEALTH NET INC | 1133 | 1369 |
| HELMERICK & PAYNE INC | 9599 | 10330 |
| HERBALIFE LTD | 910 | 2480 |
| HEWLETT PACKARD CO | 7788 | 12957 |
| HOLLYFRONTIER CORP | 16394 | 14485 |
| HORMEL FOODS CORP | 9043 | 13005 |
| HOSPITALITY PROPERTIES TRUST | 1209 | 1195 |
| HUMANA INC | 16865 | 27422 |
| IBM CORP | 20518 | 41557 |
| INFINITY PPTY & CAS CORP | 883 | 1248 |
| INTEL CORP | 12389 | 13362 |
| INTERNATIONAL PAPER CO | 16265 | 18648 |
| INTERPUBLIC GROUP COS INC | 2208 | 1790 |
| JP MORGAN CHASE & CO | 30887 | 26733 |
| JOHNSON & JOHNSON | 13691 | 32724 |
| JOY GLOBAL INC | 612 | 1125 |
| KBR INC | 11441 | 11064 |
| KLA-TENCOR CORP | 9640 | 11628 |
| KEMPER CORP | 1527 | 1986 |
| KEYCORP OHIO | 18847 | 16587 |
| KROGER CO | 15241 | 16131 |
| LAM RESEARCH CORP | 2282 | 1740 |
| LEXMARK INTERNATIONAL INC | 1739 | 1852 |
| LILLY ELI & CO | 10431 | 12551 |
| LIMITED BRANDS INC | 9293 | 21143 |
| LINCOLN NATIONAL CORP | 6807 | 7283 |
| LOCKHEED MARTIN CORP | 14486 | 15209 |
| LORILLARD INC | 17202 | 22230 |
| MAGELLAN HEALTH SERVICES INC | 1659 | 1731 |
| MANHATTAN ACCOCIATES INC | 1130 | 1700 |
| MARATHON PETROLEUM CORP | 8196 | 7723 |
| MCKESSON CORP | 19757 | 23373 |
| MERCK & CO INC | 5496 | 9953 |
| MICROSOFT CORP | 30930 | 31438 |
| MORGAN STANLEY | 15632 | 14026 |
| MYRIAD GENETICS INC | 1331 | 1487 |
| NGR ENERGY INC | 24087 | 20367 |
| NATIONAL OILWELL VARCO INC | 10221 | 8567 |
| NEWPORT CORP | 1864 | 1647 |
| NORFOLK SOUTHERN CORP | 8649 | 9618 |
| NU SKIN ENTERPRISES INC CL A | 1055 | 1360 |
| NVIDIA CORP | 10998 | 10159 |
| OCCIDENTAL PETE CORP | 21818 | 21926 |
| OPPENHEIMER DEVLPNG MKTS INC CL A | 232676 | 280522 |
| OWENS ILLINOIS INC | 1487 | 1415 |
| PARKER HANNIFIN CORP | 8717 | 8235 |
| PET SMART INC | 1302 | 1590 |
| PFIZER INC | 4488 | 7942 |
| PHILIP MORRIS INTERNATIONAL INC | 18521 | 24093 |
| PIMCO COMMODITY REAL RETURN STRATEGY INSTL FD | 381179 | 334023 |
| PLANTRONICS INC | 780 | 2103 |
| PLEXUS CORP | 1656 | 1588 |
| PNC FINANCIAL SERVICES GROUP | 8860 | 9573 |
| PNM RESOURCES INC | 1010 | 1112 |
| POLARIS INDS INC | 1247 | 1344 |
| POLYONE CORP | 1359 | 1398 |
| PROASSURANCE CORP | 1122 | 1277 |
| PROCTER & GAMBLE | 17194 | 18345 |
| PROTECTIVE LIFE CORP | 2872 | 2888 |
| PUBLIC SERVICE ENTERPRISE GROUP INC | 11419 | 11917 |
| QLOGIC CORP | 1490 | 1320 |
| RAYONIER INC REIT | 11815 | 11782 |
| ROSS STORES INC | 1189 | 2852 |
| SEACOR HOLDINGS INC | 2876 | 2669 |
| SEALED AIR CORP | 2176 | 2048 |
| SIGNATURE BANK | 2009 | 2280 |
| SIMON PPTY GROUP INC | 8260 | 10186 |
| SMITHFIELD FOODS INC | 1134 | 1311 |
| SOHU.COM INC | 1657 | 1300 |
| SOVRAN SELF STORAGE INC | 1160 | 1323 |
| SPDR S&P 500 ETF TRUST | 72909 | 76053 |
| SPDR S&P MIDCAP 400 ETF TRUST | 9468 | 9250 |
| STAPLES INC | 8897 | 8487 |
| SUNOCO INC | 1386 | 1559 |
| SUNTRUST BANKS | 17997 | 13399 |
| SUPERIOR ENERGY SERVICES INC | 1606 | 1593 |
| SYMANTEC CORP | 10579 | 9625 |
| SYNOPSYS INC | 1136 | 1142 |
| TARGET CORP | 7552 | 9220 |
| TE CONNECTIVITY LIMITED | 9509 | 12725 |
| TECH DATA CORP | 1182 | 1828 |
| TECHNIP COFLEXIP SPONSORED ADR | 663 | 2498 |
| TELEFONICA DE ESPANA SA | 9175 | 6910 |
| TESSERA TECHNOLOGIES INC | 1651 | 1491 |
| TIMKEN CO | 1026 | 2826 |
| TUPPERWARE BRANDS CORP | 1311 | 1399 |
| UNITEDHEALTH GROUP INC | 13755 | 26354 |
| UNITED TECHNOLOGIES CORP | 6747 | 13668 |
| US BANCORP DEL | 24596 | 25211 |
| VALERO ENERGY CORP | 11596 | 11620 |
| VALUECLICK INC | 1054 | 1841 |
| VERIZON COMMUNICATIONS | 19610 | 24794 |
| VIACOM INC CL B | 15333 | 15894 |
| VIROPHARMA INC | 1158 | 2027 |
| VISHAY INTERTECHNOLOGY INC | 2405 | 1861 |
| W&T OFFSHORE INC | 1540 | 1591 |
| WALGREEN CO | 13777 | 13422 |
| WASHINGTON POST CO CL B | 2069 | 2261 |
| WEBSENSE INC | 1681 | 1592 |
| WEBSTER FINL CORP CONN | 2493 | 2651 |
| WELLS FARGO & CO | 11777 | 11437 |
| WESTERN UN CO | 11900 | 12362 |
| WESTLAKE CHEMICAL CORP | 1222 | 1006 |
| XILINX INC | 8044 | 9939 |
| ZIONS BANCORPORATION | 2541 | 2417 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| OFFICE ASSISTANCE | 570 | 0 | 570 |
| DUES | 1338 | 0 | 1338 |
| BANK FEES | 70 | 0 | 0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT FEES | Category |
| Amount | $27,516 | Amount |
| Net Investment Income | 27516 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES WITHHELD | Category |
| Amount | $142 | Amount |
| Net Investment Income | 142 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |