ERGON FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ERGON FOUNDATION (EIN 45-5017945)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-29
- IRS object ID
- 202302419349100130
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-29T13:25:28-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455017945 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ergon Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | ERGO | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Drummond Jr | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2023-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | John | PersonFirstNm |
| Person Last | Drummond Jr | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $22,051,194 | 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 | $2,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $23,468 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $23,468 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $513,731 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $513,731 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$16,490 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,900,814 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,520,709 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $537,199 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $19,800 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $19,800 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,515 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,515 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $82,661 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $82,661 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $18,000 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $53,730 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $53,720 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $175,706 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $82,671 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $75,035 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $881,270 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $881,270 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,056,976 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $82,671 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $956,305 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,463,733 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $454,528 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,431,082 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,556,475 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,556,475 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,466 | AcctRcvblAmt |
| Acct Rcvbl EOY | $1,466 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,466 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $9,902,495 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,663,186 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,391,646 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,681,370 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,257,553 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,101,607 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $17,014,947 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,478,680 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,051,194 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $17,014,947 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,478,680 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,014,947 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,478,680 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,014,947 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,478,680 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,014,947 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,463,733 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,478,680 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $18,478,680 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $1,900,814 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,917,304 | CostOrOtherBasisAmt |
| Gain Or Loss | -$16,490 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$16,490 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$16,490 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,318 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,318 | SubtotalAmt |
| Tax Based On Investment Income | $6,318 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,838 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $11,838 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $5,520 | OverpaymentAmt |
| Applied To ES Tax | $5,520 | 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 | DE | 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 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| John Drummond Jr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| John Drummond Sr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Ashley Glover | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 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 |
|---|---|---|---|---|---|
| Fidelity | |||||
| 245 Summer Street | BOSTON | MA | 02210 | Investment Mgmt | $82,661 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $52,617 |
| 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 | $18,752,270 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,995,799 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,748,069 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,748,069 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $311,221 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,436,848 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,021,842 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,021,842 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,318 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,318 | TotalTaxAmt |
| Distributable Before Adj | $1,015,524 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,015,524 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,015,524 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $956,305 | 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 | $956,305 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,015,524 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $921,154 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Qualifying Distributions | $956,305 | QualifyingDistributionsAmt |
| Applied To Year1 | $921,154 | AppliedToYear1Amt |
| Applied To Current Year | $35,151 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $980,373 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ashley Glover | ContributingManagerNm |
| Contributing Manager | John Drummond Jr | ContributingManagerNm |
| Contributing Manager | John Drummond Sr | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BE LOVE ORPHAN OUTREACH MISSIONS INC | |||||||
| 608 BENTWATER DR | ACWORTH | GA | 30101 | N/A | PC | General & Unrestricted | $12,000 |
| CROSS VISION MISSIONS | |||||||
| PO BOX 132982 | TYLER | TX | 75713 | N/A | PC | General & Unrestricted | $45,000 |
| CROSS VISION MISSIONS | |||||||
| PO BOX 132982 | TYLER | TX | 75713 | N/A | PC | Missionary Support | $36,000 |
| EASTERN EUROPEAN CHILDRENS OUTREACHINC | |||||||
| PO BOX 30671 | INDIANAPOLIS | IN | 46230 | N/A | PC | General & Unrestricted | $12,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS RD | KANSAS CITY | MO | 64129 | N/A | PC | Walker-North Jefferson Co, AL | $9,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS RD | KANSAS CITY | MO | 64129 | N/A | PC | Walker-North Jefferson Co, AL | $3,000 |
| FOOTPRINTS ABROAD INTERNATIONAL MINISTRIES | |||||||
| PO BOX 2396 | ARAB | AL | 35016 | N/A | PC | General & Unrestricted | $10,000 |
| GRACE COVENANT CHURCH OF BAY COUNTY | |||||||
| 345 W 14TH ST | PANAMA CITY | FL | 32401 | N/A | PC | General & Unrestricted | $102,000 |
| INTERNATIONAL MISSION BOARD OF THE SOUTHERN BAPTIS | |||||||
| 3806 MONUMENT AVE | RICHMOND | VA | 23230 | N/A | PC | Sending East Asian Missionaries Project | $230,000 |
| INTERNATIONAL MISSION BOARD OF THE SOUTHERN BAPTIS | |||||||
| 3806 MONUMENT AVE | RICHMOND | VA | 23230 | N/A | PC | Church Plant in Central Asia Mega City Project | $30,270 |
| MANAS DEVELOPMENT GROUP | |||||||
| 611 PENNSYLVANIA AVE SE 256 | WASHINGTON | DC | 20003 | N/A | PC | General & Unrestricted | $250,000 |
| PCA MISSION TO NORTH AMERICA | |||||||
| PO BOX 890233 | CHARLOTTE | NC | 28289 | N/A | PC | Redeemer Presbyterian Church | $6,000 |
| PILLAR CHURCH PLANTING NETWORK | |||||||
| 1780 HERITAGE CENTER DR STE 101 | WAKE FOREST | NC | 27587 | N/A | PC | Church Planting Support In US and Colombia | $30,000 |
| PILLAR CHURCH PLANTING NETWORK | |||||||
| 1780 HERITAGE CENTER DR STE 101 | WAKE FOREST | NC | 27587 | N/A | PC | Residency Fund | $50,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| PO BOX 122 | WHEATON | IL | 60187 | N/A | PC | The Trellis Project | $50,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| PO BOX 122 | WHEATON | IL | 60187 | N/A | PC | RTIM Missionaries | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $881,270 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23,468 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $513,731 | 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 | -$16,490 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $520,709 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $520,709 | 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 |
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 | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Drummond Jr John | ||||||
| 1 | 345 W 14th Street | Panama City | FL | 32401 | $500,000 | Yes (X) |
| Drummond Sr John | ||||||
| 2 | 170 Drummond Place | Jasper | AL | 35504 | $1,000,000 | Yes (X) |
| Glover Ashley | ||||||
| 3 | 133 Drummond Place | Jasper | AL | 35504 | $500,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (16 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC - 3.600% - 05/14/20 | $99,536 | $96,992 |
| BANK AMER CORP BOND - 3.248% - | $248,038 | $231,053 |
| BP PLC SPONSORED ADR - 3.937% | $260,535 | $238,725 |
| CATERPILLAR INC - 3.400% - 05/ | $256,060 | $245,245 |
| COMCAST CORP - 3.150% - 03/01/ | $248,793 | $238,290 |
| EBAY INC SR GLBL NT - 3.450% - | $98,977 | $97,277 |
| FORD MOTOR CREDIT - 4.375% - 0 | $208,162 | $197,690 |
| GENERAL DYNAMICS CORP NOTE - 3 | $96,126 | $96,896 |
| GENERAL ELECTRIC CO PERPETUAL | $108,787 | $121,572 |
| GOLDMAN SACHS GROUP INC - 3.62 | $254,575 | $249,789 |
| INTEL CORP NOTE CALL MAKE WHOL | $261,190 | $243,833 |
| JPMORGAN CHASE & CO - 4.125% - | $413,035 | $386,495 |
| MORGAN STANLEY - 3.625% - 01/2 | $92,077 | $94,302 |
| NUCOR CORP NOTE - 3.950% - 05/ | $263,229 | $236,583 |
| SOUTHWEST AIRLS NOTE - 3.450% | $248,168 | $229,730 |
| VERIZON COMMUNICATIONS - 3.500 | $100,265 | $97,135 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (51 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $249,592 | $179,880 |
| ABBVIE INC | $375,862 | $624,784 |
| ALPHABET INC CL A | $182,402 | $352,920 |
| AMAZON COM | $312,951 | $219,408 |
| APPLE INC | $101,476 | $311,832 |
| BECTON DICKINSON & CO | $387,561 | $417,052 |
| BERKSHIRE HATHAWAY INC. CLASS | $30,121 | $30,890 |
| BROADCOM INC | $157,192 | $335,478 |
| CHEVRON CORP | $569,734 | $1,027,042 |
| CISCO SYSTEMS INC | $423,572 | $510,034 |
| CME GROUP, INC | $231,939 | $210,873 |
| COMCAST CORP | $354,299 | $221,990 |
| CONOCOPHILLIPS | $390,367 | $1,105,660 |
| COSTCO WHOLESALE CORPORATION | $49,011 | $45,650 |
| CROWN CASTLE INTL | $129,124 | $162,768 |
| CVS CAREMARK CORP | $95,947 | $169,792 |
| DANAHER CORP | $376,548 | $376,631 |
| DU PONT DE NEMOURS | $177,632 | $132,250 |
| DUKE ENERGY CO | $142,311 | $205,980 |
| EMBECTA CORP | $9,170 | $8,295 |
| EMERSON ELECTRIC CO | $394,106 | $386,161 |
| EXXON MOBIL CORP | $299,486 | $528,778 |
| GENERAL ELECTRIC CO | $262,151 | $192,466 |
| GOLDMAN SACHS GROUP | $319,783 | $511,293 |
| HOME DEPOT INC | $156,213 | $252,688 |
| HONEYWELL INTL | $237,140 | $342,880 |
| INTEL CORP | $476,342 | $230,311 |
| INTERNATIONAL BUSINESS MACHINE | $258,171 | $267,691 |
| JOHNSON & JOHNSON | $145,330 | $213,393 |
| JP MORGAN CHASE | $382,545 | $496,170 |
| LINDE PLC COM | $146,012 | $280,515 |
| MCDONALD'S CORP | $266,928 | $364,198 |
| MICROSOFT CORP | $105,015 | $407,694 |
| NEXTERA ENERGY, INC | $74,249 | $116,371 |
| NORFOLK SOUTHERN CORP | $199,878 | $280,919 |
| PAYPAL HOLDINGS, INC | $258,767 | $217,862 |
| PEABODY ENERGY CORP | $278 | $7,028 |
| PHILLIPS 66 | $82,520 | $104,080 |
| PROCTER GAMBLE CO | $87,737 | $131,857 |
| PROLOGIS | $182,825 | $281,825 |
| RAYTHEON TECHNOLOGIES CORP | $426,540 | $586,749 |
| SOUTHERN CO | $119,390 | $178,525 |
| SYSCO CORP | $374,880 | $380,797 |
| TARGET CORPORATION | $87,377 | $214,618 |
| TRAVELERS COMPANIES INC | $303,797 | $528,159 |
| UNITED PARCEL SERVICE | $244,554 | $208,434 |
| V F CORP | $103,808 | $52,984 |
| VERIZON COMMUNICATIONS | $160,865 | $113,354 |
| VISA INC | $358,628 | $364,203 |
| WAL-MART STORES INC | $251,603 | $389,923 |
| WALT DISNEY HOLDINGS CO | $149,457 | $110,511 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $52,617 | $52,617 | |
| Bank Charges | $10 | $10 | |
| Payroll Processing Fees | $1,078 | $1,078 | |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $82,661 | Amt |
| Net Investment Income | $82,661 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2022 | $11,600 |
| 990-PF Extension for 2021 | $6,400 |