FIRST COLONY FOUNDATION: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FIRST COLONY FOUNDATION (EIN 20-1017193)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-10
- IRS object ID
- 202521309349201022
- Schema version
- 2024v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-10T21:42:42-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541548916 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RCPA Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1156-B Jamestown Road | AddressLine1Txt |
| City | Williamsburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23185 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201017193 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | First Colony Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Alastair Macdonald | InCareOfNm |
| Business Name Control | FIRS | BusinessNameControlTxt |
| Phone | 9197671050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 Cole Mill Road | AddressLine1Txt |
| City | Durham | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALASTAIR MACDONALD | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 7572532471 | PhoneNum |
| Signature | 2025-05-02 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| 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 | RICHARD PAULK | PreparerPersonNm |
| PTIN | P01339528 | PTIN |
| Phone | 7578973716 | PhoneNum |
| Preparation | 2025-05-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | www.firstcolonyfoundation.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $35,328 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $30,913 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $4,415 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $5,097 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | -$5,097 | GainOrLossFromSaleOfAssetsAmt |
| Total Revenue | $30,231 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $250 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $11,751 | OtherExpensesTotalAmt |
| Total Expenses | $12,001 | TotalExpensesAmt |
| Excess Or Deficit For Year | $18,230 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $181,510 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $199,740 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,443 | BOYAmt |
| EOY | $145,673 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,067 | BOYAmt |
| EOY | $54,067 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,510 | BOYAmt |
| EOY | $199,740 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,510 | BOYAmt |
| EOY | $199,740 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | See Schedule O | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | 2024 was a year of research, reports, and planning. Submitted 17th century copper artifacts recovered in 2023 to James Madison University for scientific examination. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $7,198 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,198 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (14 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Phillip W Evans | ||||
| President | 10.00 | $0 | $0 | $0 |
| Alastair S Macdonald | ||||
| Treasurer | 10.00 | $0 | $0 | $0 |
| Robert E Davis | ||||
| Secretary | 5.00 | $0 | $0 | $0 |
| Eric C Klingelhofer | ||||
| Research Vice President | 5.00 | $0 | $0 | $0 |
| Nick Luccketti | ||||
| Research Vice President | 10.00 | $0 | $0 | $0 |
| James Horn | ||||
| Jamestown Rediscovery | 0.00 | $0 | $0 | $0 |
| Gordon P Watts Jr | ||||
| Director | 0.00 | $0 | $0 | $0 |
| lebame Houston | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Robert G Anthony Jr | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Carter L Hudgins | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Edward C Swindell | ||||
| Director | 0.00 | $0 | $0 | $0 |
| James F Hoggard III | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Tama Creef | ||||
| Diretor | 0.00 | $0 | $0 | $0 |
| Robert B Outland III | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Alastair S Macdonald | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 113 Northpoint Drive | AddressLine1Txt |
| City | Williamsburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23185 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7572532471 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,636 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $48,933 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,942 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,430 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,913 | CurrentTaxYearAmt |
| Total | $185,854 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,636 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $48,933 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,942 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,430 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,913 | CurrentTaxYearAmt |
| Total | $185,854 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $185,854 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$4,129 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,152 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$3,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,264 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$682 | CurrentTaxYearAmt |
| Total | $2,396 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$4,129 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,152 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$3,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,264 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$682 | CurrentTaxYearAmt |
| Total | $2,396 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $32,507 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $55,085 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,733 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,694 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,231 | CurrentTaxYearAmt |
| Total | $188,250 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98730 | PublicSupportCY509Pct |
| Public Support PY509 | 0.94930 | PublicSupportPY509Pct |
| Investment Income CY | 0.01000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.05000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Description of other expenses Part I line 16 | Description AmountAdvertising & Fund Raising 285Bank Fees 194Roanoke Island 463General and Eduction 5,421Office 566Website 2,375Taxes and Licenses 175Bertie 31BR49 TGOW 1,574Insurance 698 |
| Description of other assets Part II line 24 | Category Beginning of Year End of YearResearch Collection 50,000 50,000Elizabethan Panelling 4,067 4,067 |
| Part III response or note to any other line in Part III | Primary Exempt Purpose:The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlement in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, NC, in the 1580s--------------------------------------------------------------------------------- |