GEORGE FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GEORGE FOUNDATION INC (EIN 56-1282417)
- Tax period
- 2022-12-01 to 2023-11-30
- Filed
- 2024-03-20
- IRS object ID
- 202420809349100122
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-20T20:52:34-05:00 | ReturnTs |
| Tax Period End | 2023-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7351 OFFICE PARK PLACE | AddressLine1Txt |
| City | MELBOURNE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 329408229 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561282417 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GEOR | BusinessNameControlTxt |
| Phone | 8287254424 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 800 | AddressLine1Txt |
| City | HICKORY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28603 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN B ORGAIN | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8287254424 | PhoneNum |
| Signature | 2024-03-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | ORGAIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KELLI PECK | PreparerPersonNm |
| PTIN | P01423033 | PTIN |
| Phone | 3217516200 | PhoneNum |
| Preparation | 2024-03-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,895,053 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,613,695 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $281,551 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $281,551 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $831,305 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,687,078 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $831,305 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,726,551 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,112,856 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,138 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,138 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $99,551 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $99,551 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $17,762 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,844 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $125,451 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $111,533 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,347,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,347,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,472,451 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $111,533 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,347,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,254,100 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,001,323 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,202,888 | CashBOYAmt |
| Cash EOY | $1,465,292 | CashEOYAmt |
| Cash EOYFMV | $1,465,292 | CashEOYFMVAmt |
| Acct Rcvbl | $18,695 | AcctRcvblAmt |
| Acct Rcvbl BOY | $5,589 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $18,695 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $18,695 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $23,608 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $49,690 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $49,690 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $17,897,348 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,400,761 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,361,376 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $19,129,433 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,934,438 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,895,053 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $3,413 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,413 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $19,129,433 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,931,025 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,129,433 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,931,025 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,129,433 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,934,438 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,129,433 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,254,100 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,383,533 | SubtotalAmt |
| Other Decreases | $1,452,508 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,931,025 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - ST | P | $511,728 | $2,023,043 | -$1,511,315 | -$1,511,315 | ||
| PUBLICLY TRADED SECURITIES - LT | P | $3,789,712 | $2,687,991 | $1,101,721 | $1,101,721 | ||
| KONINKLUKE AHOLD DELHAIZE | D | $19,146 | $5,777 | $13,369 | $13,369 | 2022-10-07 | 2022-12-19 |
| METLIFE INC COM | D | $58,524 | $58,524 | $58,524 | 2022-12-12 | 2022-12-19 | |
| TESCO | D | $7,077 | $4,846 | $2,231 | $2,231 | 2023-01-10 | 2023-01-12 |
| INGLES SUPERMARKETS | D | $1,300,891 | $134,116 | $1,166,775 | $1,166,775 | 2023-08-01 | 2023-11-24 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $831,305 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,918 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,918 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,918 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $63,608 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $63,608 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $49,690 | OverpaymentAmt |
| Applied To ES Tax | $49,690 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JOHN ORGAIN | IndividualWithBooksNm |
| Phone | 8287254444 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 800 | AddressLine1Txt |
| City | HICKORY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BOYD L GEORGE | ||||||||
| PO BOX 800 | HICKORY | NC | 28603 | CHAIRMAN | 0.00 | $0 | $0 | $0 |
| JOYCE GEORGE CORBETT | ||||||||
| PO BOX 800 | HICKORY | NC | 28603 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| FREDERICK D MCCLURE | ||||||||
| PO BOX 800 | HICKORY | NC | 28603 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JOHN B ORGAIN | ||||||||
| PO BOX 800 | HICKORY | NC | 28603 | SECRETARY | 0.00 | $0 | $0 | $0 |
| KIMBERLY D GEORGE | ||||||||
| PO BOX 800 | HICKORY | NC | 28603 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,431,918 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $298,536 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,730,454 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,730,454 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $280,957 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,449,497 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $922,475 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $922,475 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,918 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,918 | TotalTaxAmt |
| Distributable Before Adj | $908,557 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $908,557 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $908,557 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,347,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,347,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $908,557 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $164,085 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $279,951 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $133,972 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $222,632 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $998,990 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,799,630 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,347,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $908,557 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $438,443 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,238,073 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $164,085 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,073,988 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $279,951 | ExcessFromYear4Amt |
| Excess From Year3 | $133,972 | ExcessFromYear3Amt |
| Excess From Year2 | $222,632 | ExcessFromYear2Amt |
| Excess From Year1 | $998,990 | ExcessFromYear1Amt |
| Excess From Current Year | $438,443 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BOYD GEORGE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 800 | AddressLine1Txt |
| City | HICKORY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8287254424 | RecipientPhoneNum |
| Form And Info And Materials | LETTER FORMAT | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (57 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ADULT LIFE PROGRAMS INC | |||||||
| PO BOX 807 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| AIDS LEADERSHIP FOOTHILLS AREA ALLIANCE INC | |||||||
| 1120 FAIRGROVE CHURCH RD SE SUITE | HICKORY | NC | 28602 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | 28 |
| THE DONALD HICKS BASKETBALL CAMP | |||||||
| 709 WESTSIDE DRIVE | NEWTON | NC | 28658 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION INC | |||||||
| 4600 PARK ROAD STE 250 | CHARLOTTE | NC | 28209 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,500 | |
| AMERICAN HEART ASSOCIATION INC | |||||||
| 10 GLENLAKE PARKWAY SOUTH TOWER | ATLANTA | GA | 30328 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $16,000 | SUITE 400 |
| AMERICAN NATIONAL RED CROSS | |||||||
| PO BOX 1329 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $15,000 | |
| APPALACHIAN STATE UNIVERSITY FOUNDATION INC | |||||||
| PO BOX 32064 | BOONE | NC | 286082064 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 | |
| AVALON THEATRE PROJECT INC | |||||||
| 5612 CONNECTICUT AVE NW | WASHINGTON | DC | 20015 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| BOOKMARKS | |||||||
| 634 WEST FOURTH STREET 110 | WINSTONSALEM | NC | 27101 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | |
| BOYS & GIRLS CLUBS OF THE PEE DEE AREA | |||||||
| PO BOX 93 | FLORENCE | SC | 29503 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | |
| CALDWELL ARTS COUNCIL INC | |||||||
| PO BOX 1613 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 | |
| CALDWELL COUNTY UNITED FUND | |||||||
| PO BOX 1316 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| CALDWELL COUNTY YOKEFELLOW INC | |||||||
| PO BOX 2422 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| CAROLINA CARING FOUNDATION INC | |||||||
| 3975 ROBINSON ROAD | NEWTON | NC | 28658 | SOI | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 | |
| CATAWBA COUNTY PARTNERSHIP FOR CHILDREN | |||||||
| PO BOX 3123 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 | |
| CATAWBA SCIENCE CENTER INC | |||||||
| PO BOX 2431 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 | |
| CATAWBA VALLEY COMMUNITY COLLEGE FOUNDATION INC | |||||||
| 2550 US HWY 70 SE | HICKORY | NC | 286029699 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $100,000 | |
| CHARITY CHASE | |||||||
| PO BOX 1034 | CONOVER | NC | 28613 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| CHILDRENS ADVOCACY CENTER OF CALDWELL COUNTY INC | |||||||
| PO BOX 646 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| CLASSROOM CONNECTIONS | |||||||
| 709 WESTSIDE DRIVE | NEWTON | NC | 28658 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,500 | |
| COUNCIL ON ADOLESCENTS OF CATAWBA COUNTY INC | |||||||
| 1120 FAIRGROVE CHURCH RD SE STE 22 | HICKORY | NC | 28602 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,500 | |
| EASTERN CATAWBA COOPERATIVE CHRISTIAN MINISTRY INC | |||||||
| PO BOX 31 | NEWTON | NC | 28658 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| EDUCATION FOUNDATION INC OF CALDWELL COUNTY | |||||||
| 1914 HICKORY BLVD SW | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 | |
| EXODUS OUTREACH FOUNDATION INC | |||||||
| 610 4TH STREET SW | HICKORY | NC | 28602 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,000 | |
| FOUNDATION OF THE CALDWELL COMMUNITY COLLEGE AND TECHNICAL | |||||||
| PO BOX 600 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $3,000 | |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| PO BOX 1341 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| HABITAT FOR HUMANITY OF CATAWBA VALLEY INC | |||||||
| PO BOX 9475 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $45,000 | |
| HART SQUARE FOUNDATION INC | |||||||
| 5055 HOPE ROAD | VALE | NC | 28168 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $55,000 | |
| HELPING HANDS CLINIC INC | |||||||
| 810 HARPER AVE NW | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $3,000 | |
| HICKORY DAY SCHOOL INC | |||||||
| 2535 21ST AVE NE | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $400,000 | |
| HICKORY LANDMARKS SOCIETY INC | |||||||
| PO BOX 2341 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| HICKORY MUSEUM OF ART INC | |||||||
| 243 THIRD AVENUE NE | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 | |
| JAMES C HARPER SCHOOL OF PERFORMING ARTS INC | |||||||
| PO BOX 390 | LENOIR | NC | 28645 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,000 | |
| LENOIR-RHYNE UNIVERSITY | |||||||
| PO BOX 7467 | HICKORY | NC | 286039874 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 | |
| MARYVALE SISTERS | |||||||
| 2522 JUNE BUG ROAD | VALE | NC | 281687757 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| NATIONAL LUTHERAN CHOIR CORPORATION | |||||||
| PO BOX 4395 | ST PAUL | MN | 55104 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES | |||||||
| 530 N BLOUNT STREET | RALEIGH | NC | 27604 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| PATRICK BEAVER LEARNING RESOURCE CENTER INCORPORATED | |||||||
| PO BOX 255 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| PIEDMONT COUNCIL INC BSA | |||||||
| PO BOX 1059 | GASTONIA | NC | 28053 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | |
| PREGNANCY CARE CENTER OF CATAWBA VALLEY INC | |||||||
| PO BOX 9423 | HICKORY | NC | 286039423 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 | |
| SAFE HARBOR OF NC INC | |||||||
| 210 SECOND STREET SE | HICKORY | NC | 28602 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | |
| SALT BLOCK FOUNDATION INC | |||||||
| 243 THIRD AVENUE NE BOX 5 | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,000 | |
| SECOND HARVEST FOOD BANK OF METROLINA INC | |||||||
| 500-B SPRATT STREET | CHARLOTTE | NC | 28206 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,500 | |
| SECOND HARVEST FOOD BANK OF NORTHWEST NORTH CAROLINA INC | |||||||
| 3330 SHOREFAIR DRIVE | WINSTONSALEM | NC | 271054265 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,000 | |
| SENIOR NUTRITION SERVICESMEALS ON WHEELS | |||||||
| PO BOX 207 | NEWTON | NC | 28658 | GOV | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,500 | |
| SIPES ORCHARD HOME | |||||||
| 4431 COUNTY HOME ROAD | CONOVER | NC | 28613 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 | |
| TEDXHICKORY | |||||||
| 250 3RD AVE NE | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| THE GREEN ROOM COMMUNITY THEATRE INC | |||||||
| PO BOX 1317 | NEWTON | NC | 28658 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,000 | |
| UNITED ARTS COUNCIL OF CATAWBA COUNTY | |||||||
| 243 3RD AVENUE NE | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| UNITED WAY OF ALEXANDER COUNTY | |||||||
| PO BOX 232 | TAYLORSVILLE | NC | 28681 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,000 | |
| UNITED WAY OF BURKE CO | |||||||
| 121 WEST UNION STREET | MORGANTON | NC | 28655 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| UNITED WAY OF CATAWBA CO | |||||||
| PO BOX 2425 | HICKORY | NC | 28603 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 | |
| UNITED WAY OF FLORENCE COUNTY | |||||||
| 1621 W PALMETTO STREET | FLORENCE | SC | 29501 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| UNITED WAY OF FORSYTH COUNTY INC | |||||||
| 301 N MAIN STREET STE 1700 | WINSTONSALEM | NC | 27101 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 | |
| WESTERN PIEDMONT SYMPHONY-THE UNIFOUR ORCHESTRA INC | |||||||
| 243 THIRD AVENUE NE | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 | |
| WINSTON-SALEM STREET SCHOOL | |||||||
| 630 WEST 6TH STREET SUITE 101 | WINSTONSALEM | NC | 27101 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 | |
| YMCA OF CATAWBA VALLEY | |||||||
| 701 1ST STREET NW | HICKORY | NC | 28601 | PC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $200,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,347,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $281,551 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $831,305 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,112,856 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,112,856 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| ALEX LEE INC | ||||||
| 1 | PO BOX 800 | HICKORY | NC | 28603 | $1,547,710 | Yes (X) |
| ALEX LEE INC | ||||||
| 2 | PO BOX 800 | HICKORY | NC | 28603 | $59,022 | Yes (X) |
| ALEX LEE INC | ||||||
| 3 | PO BOX 800 | HICKORY | NC | 28603 | $6,963 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | INGLES STOCK | $1,547,710 | 2023-08-01 |
| 2 | 815 SHARES OF METLIFE STOCK | $59,022 | 2022-12-12 |
| 3 | TESCO STOCK | $6,963 | 2023-01-10 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $8,138 | Amt |
| Net Investment Income | $8,138 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (15 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORE FIXED INCOME | $791,409 | $751,179 |
| CREDIT INCOME | $401,569 | $340,922 |
| LARGE CAP CORE US | $3,245,620 | $3,872,080 |
| LARGE CAP CORE NON US | $330,212 | $337,084 |
| LARGE CAP US SELECT | $2,614,244 | $3,331,329 |
| LARGE CAP GLOBAL | $3,178,411 | $3,919,221 |
| SANDS GLOBAL GROWTH | $694,433 | $763,729 |
| SANDS EMERGING MKTS | $662,255 | $586,730 |
| SECTOR INDEXED | $566,353 | $628,393 |
| SMALL & MID CAP CORE | $789,474 | $866,046 |
| LARGE CAP OTHER | $490,578 | $495,093 |
| NON US | $192,188 | $193,589 |
| MID CAP | $91,216 | $92,181 |
| SMALL & MID CAP STRATEGIES | $3,330,575 | $2,978,362 |
| INGLES MARKETS INC CL A | $22,224 | $205,438 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT FOR DONORS' BASIS OF CONTRIBUTED SECURITIES | Desc |
| Amt | $1,452,508 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $99,551 | Amt |
| Net Investment Income | $99,551 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $13,918 | $0 | $0 |
| FOREIGN TAX EXPENSE | $3,844 | $3,844 | $0 |