THE MICHEL FAMILY FOUNDATION INC: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE MICHEL FAMILY FOUNDATION INC (EIN 56-1853139)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-06-15
- IRS object ID
- 201101669349100200
- Schema version
- 2010v3.2
- 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
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-06-15T07:35:30-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 2010-01-01 | 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 | 2011-05-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHNNY C WOOD CPA | Name |
| Phone | 3362863204 | Phone |
| Date Prepared | 2011-05-24 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 4278910 | 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 | 35 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 35 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 143295 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 143295 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 124262 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1654141 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 124262 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 267592 | TotalRevenueAndExpenses |
| Total Net Investment Income | 267592 | 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 | 28289 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 28289 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 1015 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1015 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 586 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 487 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 29890 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 29304 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 487 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 202100 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 202100 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 231990 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 29304 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 202587 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 35602 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 238288 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 9610 | CashBOY |
| Cash EOY | 16924 | CashEOY |
| Cash EOYFMV | 16924 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 222856 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 84392 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 84392 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 18980 | AccountsReceivable |
| Accounts Receivable EOY | 18980 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 18980 | AccountsReceivableEOYFMV |
| Investments Govt Oblig BOY | 23926 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 88009 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 93135 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 2101526 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2317097 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 3051474 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 1059158 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 927276 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 1014005 | InvestmentsCorpBondsEOYFMV |
| Total Assets BOY | 3417076 | TotalAssetsBOY |
| Total Assets EOY | 3452678 | TotalAssetsEOY |
| Total Assets EOYFMV | 4278910 | 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 | 3417076 | RetainedEarningsBOY |
| Retained Earnings EOY | 3452678 | RetainedEarningsEOY |
| Total Net Assets BOY | 3417076 | TotalNetAssetsBOY |
| Total Net Assets EOY | 3452678 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 3417076 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 3452678 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 3417076 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 35602 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 3452678 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 3452678 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 1652023 | 1529879 | 122144 | 122144 |
| CAPITAL GAINS DIVIDENDS | P | 2118 | 2118 | 2118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 124262 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 158145 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 3417532 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.046275 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 325925 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 4229951 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.077052 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 264784 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 4995922 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.053000 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 328848 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 4669068 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.070431 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 233005 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 4200185 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.055475 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.302233 | TotalDistributionRatio |
| Average Distribution Ratio | 0.060447 | AverageDistributionRatio |
| Net Noncharitable Assets | 3934556 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 237832 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 2383 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 240215 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 202587 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 4766 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 4766 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 4766 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 10036 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 10036 | TotalCreditsAndPayments |
| Overpayment | 5270 | Overpayment |
| Amount Credited To Next Year | 5270 | 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 | 3885567 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 108906 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3994473 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 3994473 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 59917 | CashDeemedCharitable |
| Net Noncharitable Assets | 3934556 | NetNoncharitableAssets |
| Minimum Investment Return | 196728 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 196728 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 4766 | TaxBasedOnInvestmentIncome |
| Total Tax | 4766 | TotalTax |
| Distributable Amount Before Adj | 191962 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 191962 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 191962 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 202587 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 202587 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 202587 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 191962 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 32466 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 101899 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 24575 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 116703 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 275643 | TotalExcessDistriCarryover |
| Qualifying Distributions | 202587 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 191962 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 10625 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 286268 | 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 | 32466 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 253802 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 101899 | ExcessFromYear4 |
| Excess From Year3 | 24575 | ExcessFromYear3 |
| Excess From Year2 | 116703 | ExcessFromYear2 |
| Excess From Current Year | 10625 | 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 (30 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|
| BARNABAS NETWORK | |||||||
| 2024 EAST MARKET STREET | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $8,300 | |
| CANTERBURY SCHOOL | |||||||
| 5400 OLD LAKE JEANETTE ROAD | GREENSBORO | NC | 27455 | 501(C)(3) | ANNUAL FUND | $2,000 | |
| CHILDRENS HOME SOCIETY OF NORTH CAROLINA | |||||||
| PO BOX 14608 | GREENSBORO | NC | 27415 | 501(C)(3) | CHICAGO PLEDGE; LITTLE RED STOCKING | $30,000 | |
| COURT WATCH OF NORTH CAROLINA | |||||||
| 415 NORTH EDGEWORTH STREET STE | GREENSBORO | NC | 27404 | 501(C)(3) | UNRESTRICTED | $300 | 201-203 |
| DUKE UNIVERSITY SCHOOL OF MEDICINE | |||||||
| 3828 DUKE UNIVERSITY MEDICAL CENTER | DURHAM | NC | 27710 | 501(C)(3) | DUKE CANCER CENTER | $500 | |
| EASTERN MUSIC FESTIVAL | |||||||
| PO BOX 22026 | GREENSBORO | NC | 27420 | 501(C)(3) | UNRESTRICTED | $1,000 | |
| FIRST PRESBYTERIAN CHURCH | |||||||
| 617 NORTH ELM STREET | GREENSBORO | NC | 27401 | 501(C)(3) | FIRST SCHOOL; HOT DISH & HOPE | $9,000 | |
| GREEN HILL CENTER FOR NC ART | |||||||
| 200 NORTH DAVIE STREET | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $2,500 | |
| GREENSBORO CHILDRENS MUSEUM | |||||||
| 220 NORTH CHURCH STREET | GREENSBORO | NC | 27401 | 501(C)(3) | OUTDOOR GARDENS | $20,000 | |
| GREENSBORO URBAN MINISTRY | |||||||
| 305 WEST LEE STREET | GREENSBORO | NC | 27406 | 501(C)(3) | UNRESTRICTED | $3,500 | |
| GUILFORD EDUCATION ALLIANCE | |||||||
| 902 BONNER DRIVE | JAMESTOWN | NC | 27282 | 501(C)(3) | UNRESTRICTED | $5,000 | |
| GUILFORD NONPROFIT CONSORTIUM | |||||||
| 330 SOUTH GREENE STREET SUITE 100 | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $10,000 | |
| HANDY CAPABLE NETWORK | |||||||
| 7339 WEST FRIENDLY AVENUE SUITE B/H | GREENSBORO | NC | 27410 | 501(C)(3) | UNRESTRICTED | $2,000 | |
| LIFESPAN | |||||||
| 200 CLANTON ROAD | CHARLOTTE | NC | 28217 | 501(C)(3) | UNRESTRICTED | $500 | |
| MENTAL HEALTH ASSOCIATION OF GREENSBORO | |||||||
| 330 SOUTH GREENE STREET SUITE B-12 | GREENSBORO | NC | 27401 | 501(C)(3) | ART OF LIVING AUCTION | $1,000 | |
| NCCJ OF THE PIEDMONT TRIAD INC | |||||||
| 713 NORTH GREENE STREET | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $500 | |
| PRESBYTERIAN CAMPUS MINISTRY | |||||||
| 3501 WEST MARKET STREET | GREENSBORO | NC | 27403 | 501(C)(3) | UNRESTRICTED | $2,000 | |
| PRESBYTERIAN COUNCELING CENTER | |||||||
| 3713 RICHFIELD ROAD | GREENSBORO | NC | 27410 | 501(C)(3) | UNRESTRICTED | $25,000 | |
| PRESERVATION GREENSBORO | |||||||
| 400 WEST MCGEE STREET | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $10,000 | |
| RESTORATION PLACE MINISTRIES | |||||||
| 1301 CAROLINA STREET SUITE 114 | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $3,500 | |
| RIVER LANDING AT SANDY RIDGE | |||||||
| 1575 JOHN KNOX DRIVE | COLFAX | NC | 27235 | 501(C)(3) | UNRESTRICTED | $3,000 | |
| SALVATION ARMY | |||||||
| PO BOX 5310 | GREENSBORO | NC | 27435 | 501(C)(3) | UNRESTRICTED | $2,000 | |
| SECOND HARVEST FOOD BANK | |||||||
| 400 FOUR SEASONS TOWN CENTER | GREENSBORO | NC | 27407 | 501(C)(3) | UNRESTRICTED | $1,000 | |
| TRIAD HEALTH PROJECT | |||||||
| 801 SUMMIT AVENUE | GREENSBORO | NC | 27405 | 501(C)(3) | UNRESTRICTED | $2,000 | |
| TRIAD STAGE | |||||||
| 232 SOUTH ELM SREET | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED; CAPITAL CAMPAIGN | $22,500 | |
| UNITED ARTS COUNCIL OF GREENSBORO | |||||||
| 200 NORTH DAVIE STREET 2 | GREENSBORO | NC | 27401 | 501(C)(3) | 2010 CAMPAIGN | $5,000 | |
| UNITED WAY OF GREATER GREENSBORO | |||||||
| PO BOX 14998 | GREENSBORO | NC | 27415 | 501(C)(3) | UNRESTRICTED | $12,000 | |
| WOMEN FOR WOMEN INTERNATIONAL | |||||||
| PO BOX 9224 | CENTRAL ISLIP | NY | 11722 | 501(C)(3) | UNRESTRICTED | $15,000 | |
| WOMENS RESOURCE CENTER OF GREENSBORO INC | |||||||
| 628 SUMMIT AVENUE | GREENSBORO | NC | 27405 | 501(C)(3) | ANNUAL CAMPAIGN | $2,000 | |
| YMCA OF GREENSBORO | |||||||
| 501 WEST MARKET STREET | GREENSBORO | NC | 27401 | 501(C)(3) | UNRESTRICTED | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 202100 | 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 | $35 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $143,295 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $124,262 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $267,592 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 267592 | 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 | 107619 |
| MAINSTAY HIGH YIELD CORPORATE BOND FUND - I | 280062 | 314595 |
| PIMCO EMERGING LOCAL BOND FUND | 377260 | 412750 |
| VANGUARD FIXED INCOME INTERM-TERM INV GRADE | 92690 | 96435 |
| VANGUARD FIXED INCOME SHORT-TERM INV GRADE | 78921 | 82606 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (179 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 107H FINCH CO | 2392 | 2338 |
| AAR CORP | 2035 | 2500 |
| ACCENTURE LTD CL A | 7461 | 10716 |
| ADVANCE AUTO PARTS INC | 3243 | 3506 |
| AEROPOSTALE INC | 1823 | 2439 |
| AFLAC INC | 6550 | 19581 |
| ALASKA AIR GROUP INC | 1604 | 1927 |
| ALLIANT ENERGY CORP | 2150 | 2794 |
| AMERICAN EAGLE OUTFITTERS | 2418 | 2443 |
| AMERICAN GREETINGS CORP CL A | 2488 | 2748 |
| AMERIGROUP CORP | 1833 | 1932 |
| AMERIPRISE FINANCIAL INC | 9066 | 9726 |
| AMERISOURCEBERGEN CORP | 12521 | 20267 |
| AMGEN INC | 9580 | 8509 |
| ANIXTER INTL INC | 4176 | 4898 |
| ARCH CHEMICALS INC | 2631 | 3034 |
| ARTIO CLASS I INTL EQUITY FD | 363545 | 547862 |
| ASHLAND INC NEW | 1054 | 4018 |
| ASSURANT INC | 7989 | 7396 |
| ATLAS AIR WORLDWIDE HOLDINGS | 4720 | 5081 |
| ATWOOD OCEANICS INC | 1896 | 2130 |
| AUTOZONE INC | 8595 | 20989 |
| AVERY DENNISON CORP | 10945 | 14988 |
| BANK HAWAII CORP | 2136 | 2030 |
| BANK OF AMERICA CORP | 28057 | 19596 |
| BANK OF THE OZARKS INC | 3205 | 3771 |
| BCE INC | 6252 | 10390 |
| BERKLEY W R CORP | 3227 | 3286 |
| BIO RAD LABS INC CL A | 2311 | 2596 |
| BIOGEN IDEC INC | 24896 | 29837 |
| BMC SOFTWARE INC | 1894 | 2404 |
| CABOT CORP | 2220 | 3840 |
| CAPITAL ONE FINANCIAL CORP VA | 26343 | 30515 |
| CAREER EDUCATION CORP | 2463 | 2218 |
| CATEPILLAR INC | 11977 | 23602 |
| CELANESE CORP | 1784 | 3335 |
| CEPHALON INC | 11063 | 11542 |
| CERADYNE INC | 1912 | 2932 |
| CHECK POINT SOFTWARE TECH LTD | 6275 | 12213 |
| CHEVRON CORPORATION | 21951 | 36591 |
| CISCO SYSTEM INC | 16050 | 16548 |
| CITY NATL CORP | 3193 | 3743 |
| CMS ENERGY CORP | 2776 | 4073 |
| COMPUTER SCIENCES CORP | 17063 | 16517 |
| COMTECH TELECOMMUNICATIONS | 3855 | 3470 |
| CONOCOPHILLIPS | 22772 | 32824 |
| CRANE CO | 3241 | 5011 |
| CSG SYS INTL INC | 1671 | 1686 |
| CYTEC INDUSTRIES INC | 2408 | 2971 |
| DELL INC | 19668 | 11572 |
| DILLARDS INC CL A | 1867 | 2997 |
| DOLLAR TREE INC | 2652 | 7403 |
| DOMTAR CORPORATION | 2567 | 3340 |
| DONNELLEY R R & SONS CO | 11445 | 11495 |
| DR HORTON INC | 1351 | 2147 |
| DRESSER-RAND GROUP INC | 1604 | 2257 |
| DST SYS INC | 2488 | 2617 |
| DTE ENERGY CO | 11684 | 11194 |
| DUKE ENERGY HOLDING CORP | 10386 | 11470 |
| E.I. DUPONT DENEMOURS & CO | 10135 | 14964 |
| EASTMAN CHEMICAL CO | 19275 | 29428 |
| EDISON INTL | 4797 | 7180 |
| ELI LILLY & CO | 6845 | 7288 |
| ENDO PHARMACEUTICALS HLDGS I | 3163 | 4428 |
| ERICSSON L M TEL CO | 8993 | 9489 |
| EXPEDIA INC | 6852 | 9007 |
| EXXON MOBIL CORP | 12864 | 42775 |
| FAIR ISAAC CORPORATION | 1441 | 2244 |
| FEDERAL-MOGUL CORPORATION | 3529 | 3779 |
| FIFTH THIRD BANCORP | 15994 | 18967 |
| FORD MTR CO DEL | 12138 | 32254 |
| FOREST LABS INC | 10418 | 9466 |
| FREEPORT MCMORAN COPPER&GOLD CL B | 9270 | 11529 |
| GAP STORES | 8661 | 10029 |
| GARMIN LTD | 9678 | 9576 |
| GENERAL ELEC CO | 17374 | 18564 |
| GEO A HORMEL & CO | 9043 | 11380 |
| GOLDMAN SACHS ABSOLUTE RETURN TRACKER FD CL I | 287400 | 301565 |
| GOLDMAN SACHS GROUP INC | 12382 | 13621 |
| GRAINGER W W INC | 5830 | 11325 |
| HARRIS CORP | 12316 | 12186 |
| HEALTH NET INC | 1990 | 2156 |
| HELMERICK & PAYNE INC | 12173 | 14592 |
| HERBALIFE LTD | 1972 | 3555 |
| HESS CORP | 7634 | 11328 |
| HEWLETT PACKARD CO | 12464 | 27533 |
| HSBC HLDGS PLC ADR | 5780 | 7707 |
| HUMANA INC | 10807 | 11933 |
| IBM CORP | 21231 | 37717 |
| INFINITY PPTY & CAS CORP | 5226 | 7663 |
| INTEL CORP | 8100 | 7508 |
| INTERDIGITAL INC | 2261 | 2707 |
| INTERNATIONAL PAPER CO | 12297 | 13184 |
| INVACARE CORP | 2895 | 3378 |
| ITT EDUCATIONAL SERVICES INC | 3152 | 3057 |
| JOHNSON & JOHNSON | 24933 | 44099 |
| JOY GLOBAL INC | 2114 | 4338 |
| KBR INC | 5373 | 6642 |
| KLA-TENCOR CORP | 9640 | 9312 |
| LAM RESEARCH CORP | 3002 | 3366 |
| LEGG MASON INC | 3128 | 3228 |
| LEXMARK INTERNATIONAL INC | 3234 | 3412 |
| LIMITED BRANDS INC | 11782 | 22402 |
| LINCARE HLDGS INC | 13602 | 14193 |
| LORILLARD INC | 11638 | 14032 |
| LUBRIZOL CORP | 10211 | 13467 |
| MAGELLAN HEALTH SERVICES INC | 1831 | 1891 |
| MANHATTAN ACCOCIATES INC | 2988 | 3359 |
| MCDONALDS CORP | 7060 | 18422 |
| MCKESSON CORP | 10057 | 16117 |
| MEDCO HEALTH SOLUTIONS INC | 8787 | 13602 |
| MEDICIS PHARMACEUTICAL CORP CL A | 1843 | 2224 |
| MERCK & CO INC | 5496 | 9515 |
| METTLER-TOLEDO INTL INC | 794 | 1966 |
| MICROSOFT CORP | 30260 | 32906 |
| NGR ENERGY INC | 8579 | 7757 |
| NORTHROP GRUMMAN CORP | 14094 | 16065 |
| OIL STS INTL INC | 2611 | 4550 |
| OM GROUP INC | 2567 | 3273 |
| OPPENHEIMER DEVLPNG MKTS INC CL A | 47904 | 117489 |
| OSHKOSH CORPORATION | 1685 | 2220 |
| PAR PHARMACEUTICAL COMPANIES INC | 2009 | 2888 |
| PATNI COMPUTER SYSTEMS ADR | 1421 | 1711 |
| PFIZER INC | 4488 | 6426 |
| PHILIP MORRIS INTERNATIONAL INC | 18179 | 18086 |
| PIMCO COMMODITY REAL RETURN STRATEGY INSTL FD | 275364 | 342454 |
| PLANTRONICS INC | 1905 | 5322 |
| POTLATCH CORP | 2186 | 2484 |
| PROCTER & GAMBLE | 16163 | 16340 |
| QUALCOMM INC | 9791 | 12966 |
| RENAISSANCERE HOLDINGS LTD | 2171 | 3121 |
| RESEARCH IN MOTION LTD | 11611 | 13835 |
| ROSS STORES INC | 2668 | 5123 |
| ROWAN COS INC | 12660 | 15011 |
| SAIC INC | 10875 | 8723 |
| SCHNITZER STL INDS CL A | 2046 | 2921 |
| SLM CORP | 10635 | 13408 |
| SONY CORP | 8800 | 9392 |
| SPDR S&P ETF TRUST | 39864 | 49923 |
| SPDR S&P MIDCAP 400 ETF TRUST | 14008 | 16633 |
| SPX CORP | 4273 | 3646 |
| STAGE STORES INC | 1413 | 1907 |
| STEPHAN COMPANY | 2445 | 2593 |
| STERIS CORP | 3200 | 4630 |
| SUNOCO INC | 10590 | 11529 |
| SYNAPTICS INC | 3063 | 3173 |
| TARGET CORP | 7552 | 10823 |
| TECH DATA CORP | 2725 | 3742 |
| TECHNIP COFLEXIP SPONSORED ADR | 1152 | 4264 |
| TELETECH HOLDINGS INC | 1684 | 2080 |
| THE TIMBERLAND COMPANY CL A | 3160 | 4033 |
| TIMKEN CO | 2958 | 8019 |
| TOLL BROTHERS INC | 2731 | 2774 |
| TORO CO | 2178 | 2527 |
| TYCO ELECTRONICS LTD | 11554 | 21169 |
| TYSON FOODS INC CL A | 6550 | 6716 |
| UGI CORP NEW | 2033 | 3000 |
| UNITEDHEALTH GROUP INC | 13159 | 18922 |
| UNITED TECHNOLOGIES CORP | 6603 | 14878 |
| UNITRIN INC | 2728 | 2920 |
| US BANCORP DEL | 31292 | 31959 |
| V.F. CORP | 8434 | 9738 |
| VALUECLICK INC | 1905 | 3190 |
| VERISIGN INC | 3680 | 3398 |
| VERIZON COMMUNICATIONS | 22169 | 24366 |
| VIROPHARMA INC | 2018 | 2234 |
| VISA INC | 6071 | 6968 |
| W.R. GRACE & CO | 1987 | 2670 |
| WATTS WATER TECHNOLOGIES INC | 2865 | 3439 |
| WEBMD HEALTH CORP CL A | 3349 | 3421 |
| WEBSTER FINL CORP CONN | 4457 | 4472 |
| WELLS FARGO & CO | 12586 | 13574 |
| WESTERN UN CO | 11900 | 12572 |
| WEYERHAEUSER CO | 8409 | 9919 |
| WHIRLPOOL CORP | 4005 | 4619 |
| WORTHINGTON INDS INC | 2691 | 2594 |
| XEROX CORP | 12510 | 9873 |
| XILINX INC | 17734 | 19851 |
| YAHOO INC | 11425 | 11741 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 88009 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 93135 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| OFFICE ASSISTANCE | 487 | 0 | 487 |
| BANK FEES | 99 | 0 | 0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT FEES | Category |
| Amount | $28,289 | Amount |
| Net Investment Income | 28289 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES WITHHELD | Category |
| Amount | $1,015 | Amount |
| Net Investment Income | 1015 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |