CULP FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CULP FAMILY FOUNDATION (EIN 45-5394566)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-17
- IRS object ID
- 202431999349100003
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-17T07:54:43-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455394566 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CULP FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BDO USA | InCareOfNm |
| Business Name Control | CULP | BusinessNameControlTxt |
| Phone | 7038930600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 Greensboro Dr 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HENRY LAWRENCE CULP JR | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2024-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | HENRY LAWRENCE | PersonFirstNm |
| Person Last | CULP JR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joan C Holtz | PreparerPersonNm |
| PTIN | P00836429 | PTIN |
| Phone | 7038930600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | 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 | $20,454,755 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $136,419 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $136,419 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $328,212 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $328,212 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$249,893 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,768,853 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,850 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $221,588 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $464,631 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $4,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,100 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $100,990 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $100,990 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $13,514 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,664 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $118,604 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $107,654 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,100 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,640,167 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,640,167 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,758,771 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $107,654 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,644,267 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,537,183 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $356,977 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $701,612 | CashBOYAmt |
| Cash EOY | $43,828 | CashEOYAmt |
| Cash EOYFMV | $43,828 | CashEOYFMVAmt |
| Corporate Stock BOY | $8,862,626 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,912,556 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,915,935 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,458,603 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,458,794 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,411,555 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $83,437 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $83,437 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $15,022,841 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,498,615 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,454,755 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,022,841 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,498,615 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,022,841 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,498,615 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,022,841 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,498,615 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,022,841 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,537,183 | ExcessRevenueOverExpensesAmt |
| Other Increases | $12,957 | OtherIncreasesAmt |
| Subtotal | $13,498,615 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,498,615 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| NT #6712 | P | 2023-01-01 | 2023-12-31 | $190,556 | $196,303 | -$5,747 | -$5,747 |
| NT #6712 | P | 2022-01-01 | 2023-12-31 | $1,505,318 | $1,540,549 | -$35,469 | -$35,231 |
| MS #5728 | P | 2023-01-01 | 2023-12-31 | $920,376 | $974,931 | -$54,555 | -$54,555 |
| MS #5728 | P | 2022-01-01 | 2023-12-31 | $1,892,603 | $2,048,365 | -$155,762 | -$155,762 |
| MS #5728 | P | 2022-01-01 | 2023-12-31 | $260,000 | $258,172 | $1,641 | $1,828 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$249,892 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,962 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,962 | SubtotalAmt |
| Tax Based On Investment Income | $4,962 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,850 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $6,850 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,888 | OverpaymentAmt |
| Applied To ES Tax | $1,888 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038930600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| H LAWRENCE CULP JR | ||||||||
| 8401 GREENSBORO DR 800 | MCLEAN | VA | 22102 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| WENDY H CULP | ||||||||
| 8401 GREENSBORO DR 800 | MCLEAN | VA | 22102 | SECRETARY | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NORTHERN TRUST | |||||
| PO BOX 803878 | CHICAGO | IL | 60680 | INVESTMENT ADVISORY | $19,668 |
| MORGAN STANLEY | |||||
| 1 NEW YORK PLAZA 7TH FLOOR | NEW YORK | NY | 10004 | INVESTMENT ADVISORY | $81,322 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,078,629 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $798,822 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,877,451 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,877,451 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $298,162 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,579,289 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $978,964 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $978,964 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,962 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,962 | TotalTaxAmt |
| Distributable Before Adj | $974,002 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $974,002 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $974,002 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,644,267 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,644,267 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $974,002 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $46,295 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $103,207 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $53,071 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $202,573 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,644,267 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $974,002 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $670,265 | RemainingDistriFromCorpusAmt |
| Total Corpus | $872,838 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $872,838 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $46,295 | ExcessFromYear4Amt |
| Excess From Year3 | $103,207 | ExcessFromYear3Amt |
| Excess From Year1 | $53,071 | ExcessFromYear1Amt |
| Excess From Current Year | $670,265 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | H LAWRENCE CULP JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| THE POTOMAC SCHOOL | ||||||
| 1301 POTOMAC SCHOOL ROAD | MCLEAN | VA | 22101 | PC | 2023 GRANT FOR GENERAL OPERATING | $107,143 |
| CHESAPEAKE BAY FOUNDATION | ||||||
| 6 HERNDON AVENUE | ANNAPOLIS | MD | 21403 | PC | 2023 GRANT FOR GENERAL OPERATING | $100,000 |
| THE ANIMAL SHELTER FOR KENT COUNTY | ||||||
| 10720 AUGUSTINE HERMAN HWY | CHESTERTOWN | MD | 21620 | PC | 2023 GRANT FOR GENERAL OPERATING | $140,000 |
| WASHINGTON COLLEGE GE SCHOLARS | ||||||
| 300 WASHINGTON AVE | CHESTERTOWN | MD | 21620 | PC | 2023 GRANT FOR GENERAL OPERATING | $342,000 |
| KENT ATTAINABLE HOUSING INC | ||||||
| 200 RADCLIFFE DRIVE | CHESTERTOWN | MD | 21620 | PC | 2023 GRANT FOR GENERAL OPERATING | $10,000 |
| HARVARD BUSINESS SCHOOL | ||||||
| 114 WESTERN AVE | BOSTON | MA | 02163 | PC | 2023 GRANT FOR GENERAL OPERATING | $400,000 |
| WASHINGTON COLLEGE PAT ALLENDER CHAIR | ||||||
| 300 WASHINGTON AVE | CHESTERTOWN | MD | 21620 | PC | 2023 GRANT FOR GENERAL OPERATING | $375,000 |
| WASHINGTON COLLEGE 4 FTE's | ||||||
| 300 WASHINGTON AVE | CHESTERTOWN | MD | 21620 | PC | 2023 GRANT FOR GENERAL OPERATING | $66,024 |
| KIT-CARES INC | ||||||
| 103 CHURCH ALLEY | CHESTERTOWN | MD | 216201562 | PC | 2023 GRANT FOR GENERAL OPERATING | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,640,167 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $464,631 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$249,893 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL TAX REFUND - APPLIED | Desc |
| Unrelated Business Taxbl Incm | $6,850 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $6,850 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $214,738 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $221,588 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $4,100 | Amt |
| Disbursements Charitable Prps | $4,100 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NT #6712, 4417, 8433 | $0 | $0 |
| MS #5728 | $8,912,556 | $15,915,935 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NT #6712, 4417, 8433 | $0 | $0 |
| MS #5728 | $4,458,794 | $4,411,555 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INCOME | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $83,437 | EOYBookValueAmt |
| EOYFMV | $83,437 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL TAX REFUND - APPLIED | Desc |
| Revenue And Expenses Per Books | $6,850 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX ADJUSTMENT | Desc |
| Amt | $12,957 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NT #6712 - INV FEE | $4,839 | $4,839 |
| MS #5728 - INV FEE | $81,322 | $81,322 |
| NT #6712 MISC EXPENSE | $14,829 | $14,829 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NT #6712 - FOREIGN TAX PAID | $6,664 | $6,664 |
| ESTIMATED TAXES PAID | $6,850 |