TOM RUSSELL CHARITABLE FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- TOM RUSSELL CHARITABLE FOUNDATION INC (EIN 36-6082517)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-01-10
- IRS object ID
- 202200109349101300
- Schema version
- 2020v4.1
- 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
- All Oth Prog Rltd Investments Sch
- Compensation Explanation
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-10T13:17:52-06:00 | ReturnTs |
| Tax Period End | 2021-08-31 | 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 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366082517 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tom Russell Charitable Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | TOMR | 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 BISHOP | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-12-07 | 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 | BISHOP | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $31,194,477 | 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 | $249 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $249 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $292,169 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $292,169 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,980,603 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,399,288 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,980,603 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $609 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $609 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,273,630 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,273,630 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $98,333 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $98,333 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,044 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,044 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $93,558 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $84,658 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $8,900 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,911 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,911 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $701 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $701 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $63,434 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $63,434 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $301,231 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,569 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $184,662 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $550,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $550,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $851,231 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,569 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $734,662 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,422,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,186,061 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $222,724 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $204,520 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $204,520 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $15,350,302 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,670,683 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $29,593,957 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $1,275,778 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,396,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,396,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,848,804 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,271,203 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,194,477 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $16,848,804 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,271,203 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,848,804 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,271,203 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,848,804 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,271,203 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,848,804 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,422,399 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,271,203 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $19,271,203 | 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 | $9,399,288 | GrossSalesPriceAmt |
| Cost Or Other Basis | $6,418,685 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,980,603 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,980,603 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,980,603 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $44,286 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $44,286 | SubtotalAmt |
| Tax Based On Investment Income | $44,286 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35,240 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $35,240 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $29 | EsPenaltyAmt |
| Tax Due | $9,075 | TaxDueAmt |
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 | IL | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| J Kirby Aiken | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas*, VP | 5.0 | $25,000 | $0 | $0 |
| John L Bishop | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec*, Treas | 5.0 | $25,000 | $0 | $0 |
| Crawford Crenshaw | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres*, Sec | 10.0 | $21,666 | $0 | $0 |
| David S Lindquist | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP*, Pres | 5.0 | $26,667 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| First American Bank | |||||
| 218 W MAIN STREET | WEST DUNDEE | IL | 60118 | Investment Mgmt | $84,658 |
| FOUNDATION SOURCE | |||||
| 55 WALLS DRIVE 3RD FL | FAIRFIELD | CT | 06824 | ADMINISTRATIVE | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SELF-HELP CREDIT UNION - TO PROVIDE FINANCING TO HIGH- PERFORMING PUBLIC CHARTER SCHOOLS TO PURCHASE/DEVELOP/ RENOVATE EDUCATIONAL FACILITIES FOR LOW INCOME STUDENTS | Description1Txt |
| Expenses1 | $240,000 | Expenses1Amt |
| Description2 | SELF-HELP FEDERAL CREDIT UNION - TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA | Description2Txt |
| Expenses2 | $220,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $175,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $635,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,971,786 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $511,600 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,483,386 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,483,386 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $412,251 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,071,135 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,353,557 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,353,557 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $44,286 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $44,286 | TotalTaxAmt |
| Distributable Before Adj | $1,309,271 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $514,778 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,824,049 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,824,049 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $734,662 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $635,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,369,662 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,369,662 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,824,049 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,362,914 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $1,369,662 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,362,914 | AppliedToYear1Amt |
| Applied To Current Year | $6,748 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,817,301 | 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 | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BRIDGES OF NORMAN INC | |||||||
| 1670 STUBBEMAN AVE | NORMAN | OK | 73069 | N/A | PC | General & Unrestricted | $10,000 |
| CALVARY CHURCH | |||||||
| 9S200 STATE RT 59 | NAPERVILLE | IL | 60564 | N/A | PC | General & Unrestricted | $5,000 |
| CENTRAL COLORADO AREA HEALTH EDUCATION CENTER | |||||||
| 10200 E GIRARD AVE STE B131 | DENVER | CO | 80231 | N/A | PC | General & Unrestricted | $1,500 |
| CHESS-IN-THE-SCHOOLS INC | |||||||
| 520 8TH AVENUE 22ND FLOOR | NEW YORK | NY | 10018 | N/A | PC | Strategic Plan initiatives | $10,000 |
| CHESS-IN-THE-SCHOOLS INC | |||||||
| 520 8TH AVENUE 22ND FLOOR | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $5,000 |
| CLEVELAND COUNTY FAMILY YOUNG MENS CHRISTIAN ASSOC | |||||||
| 1350 LEXINGTON AVE | NORMAN | OK | 73069 | N/A | PC | General & Unrestricted | $10,000 |
| COLORADO COALITION FOR THE HOMELESS | |||||||
| 2111 CHAMPA ST | DENVER | CO | 80205 | N/A | PC | General & Unrestricted | $1,500 |
| COLORADO UPLIFT | |||||||
| 400 W 48TH AVE STE 250 | DENVER | CO | 80216 | N/A | PC | General & Unrestricted | $1,000 |
| COVENANT CHRISTIAN SCHOOL | |||||||
| 10 N EDGELAWN DR | AURORA | IL | 60506 | N/A | PC | General & Unrestricted | $5,000 |
| CRAZY HORSE MEMORIAL FOUNDATION | |||||||
| 12151 AVE OF THE CHIEFS | CRAZY HORSE | SD | 57730 | N/A | PC | General & Unrestricted | $15,000 |
| DONKA INCORPORATED | |||||||
| 400 N COUNTY FARM RD | WHEATON | IL | 60187 | N/A | PC | General & Unrestricted | $50,000 |
| DOROTHEA DIX PARK CONSERVANCY | |||||||
| 2105 UMSTEAD DR | RALEIGH | NC | 27603 | N/A | PC | General & Unrestricted | $2,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | Duke Library | $1,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | Fuqua School of Business, Center for Social Entrepreneurship | $5,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | Duke Center for Truth Racial Healing and Transformation | $15,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | BOOST (Building Opportunities and Overtures in Science and Technology) | $2,500 |
| DURHAM CHILDRENS INITIATIVE | |||||||
| 2101 ANGIER AVE STE 200 | DURHAM | NC | 27703 | N/A | PC | General & Unrestricted | $2,500 |
| ERIE FAMILY HEALTH FOUNDATION INC | |||||||
| 1701 W SUPERIOR ST | CHICAGO | IL | 60622 | N/A | SO I | to provide comprehensive prenatal, labor and delivery and postpartum services to low income women and their babies at Erie HealthReach Waukegan | $50,000 |
| GADS HILL CENTER | |||||||
| 1919 W CULLERTON ST | CHICAGO | IL | 60608 | N/A | PC | General & Unrestricted | $5,000 |
| GROWING TOGETHER PRESCHOOL | |||||||
| 3301 BOULDER CT | RALEIGH | NC | 27607 | N/A | PC | General & Unrestricted | $10,000 |
| HENDERSON COLLEGIATE | |||||||
| 5029 FALLS OF NEUSE RD STE 218 | RALEIGH | NC | 27609 | N/A | PC | Want More, Do More program | $10,000 |
| HENDERSON COLLEGIATE | |||||||
| 5029 FALLS OF NEUSE RD STE 218 | RALEIGH | NC | 27609 | N/A | PC | Want More, Do More Program | $20,000 |
| HOPE CENTER AT PULLEN INC | |||||||
| 1801 HILLSBOROUGH ST | RALEIGH | NC | 27605 | N/A | PC | General & Unrestricted | $5,000 |
| INTER-FAITH FOOD SHUTTLE | |||||||
| 1001 BLAIR DR | RALEIGH | NC | 27603 | N/A | PC | In support of a nimble and targeted response to the sustained elevation in child food insecurity due to the pandemic | $100,000 |
| JUSTICE - LOVE FOUNDATION INC | |||||||
| 4801 GLENWOOD AVE STE 200 | RALEIGH | NC | 27612 | N/A | PC | General & Unrestricted | $10,000 |
| JUVENILE PROTECTIVE ASSOCIATION | |||||||
| 1707 N HALSTED ST | CHICAGO | IL | 60614 | N/A | PC | General & Unrestricted | $5,000 |
| KIPP OKC PUBLIC SCHOOLS | |||||||
| PO BOX 14128 | OKLAHOMA CITY | OK | 73113 | N/A | PC | General & Unrestricted | $12,500 |
| LATINO EDUCATIONAL ACHIEVEMENT PARTNERSHIP | |||||||
| 1737 HILLANDALE RD | DURHAM | NC | 27705 | N/A | PC | General & Unrestricted | $15,000 |
| LEELANAU CONSERVANCY | |||||||
| PO BOX 1007 | LELAND | MI | 49654 | N/A | PC | General & Unrestricted | $1,000 |
| MARCY LAB INC | |||||||
| 829 JEFFERSON AVE APT 1R | BROOKLYN | NY | 11221 | N/A | PC | General Operating Support to aid the continued growth of the core program, the Software Engineering Fellowship | $100,000 |
| NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC | |||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | N/A | PC | North Caroline State University Libraries | $1,000 |
| PARENT POSSIBLE | |||||||
| 800 N GRANT ST STE 200 | DENVER | CO | 80203 | N/A | PC | General & Unrestricted | $1,000 |
| PARTNERSHIP WITH NATIVE AMERICANS | |||||||
| 16415 ADDISON RD | ADDISON | TX | 75001 | N/A | PC | General & Unrestricted | $15,000 |
| POSITIVE TOMORROWS INC | |||||||
| 901 N VILLA AVE | OKLAHOMA CITY | OK | 73107 | N/A | PC | General & Unrestricted | $12,500 |
| RALEIGH CHARTER HIGH SCHOOL | |||||||
| 1307 GLENWOOD AVE | RALEIGH | NC | 27605 | N/A | PC | General & Unrestricted | $1,000 |
| RESURRECTION PROJECT | |||||||
| 1805 S PAULINA ST | CHICAGO | IL | 60608 | N/A | PC | General & Unrestricted | $5,000 |
| SE RALEIGH PROMISE INC | |||||||
| 900 S WILMINGTON ST STE 105 | RALEIGH | NC | 27601 | N/A | PC | General & Unrestricted | $25,000 |
| STUDENT U | |||||||
| 600 E UMSTEAD ST | DURHAM | NC | 27701 | N/A | PC | General & Unrestricted | $2,000 |
| THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG | |||||||
| 801 CORPORATE CENTER DR STE 200 | RALEIGH | NC | 27607 | N/A | PC | General & Unrestricted | $1,000 |
| THRIVE SCHOLARS | |||||||
| 75 FEDERAL ST STE 1250 | BOSTON | MA | 02110 | N/A | PC | General & Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $550,000 | 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 | $249 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $292,169 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,980,603 | 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 | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $609 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,273,630 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,273,630 | 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 | Audit Fees | CategoryTxt |
| Amt | $8,250 | Amt |
| Disbursements Charitable Prps | $8,250 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE RESURRECTION PROJECT - SEE GENERAL EXPLANATION | Desc |
| Amt | $175,000 | Amt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (4 entries)
| Short ExplanationShortExplanationTxt |
|---|
| J Kirby Aiken |
| *removed from position in 2020 |
| John L Bishop |
| *removed from position in 2020 |
| Crawford Crenshaw |
| *removed from position in 2020 |
| David S Lindquist |
| *removed from position in 2020 |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | Durham | NC | 27701 | 2019-08-26 | $192,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 06/26/2020 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2019-08-22 | $150,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 06/26/2020 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2020-08-25 | $281,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | expected in 2021 | none necessary |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2020-08-25 | $250,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | expected in 2021 | none necessary |
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2021-08-20 | $240,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | expected in 2022 | none necessary |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 West Main Street | Durham | NC | 27701 | 2021-08-20 | $220,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | expected in 2022 | none necessary |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| PART IX-B LINE 3 | PART IX-B LINE 3 SUMMARY OF PROGRAM-RELATED INVESTMENTS | THE RESURRECTION PROJECT - TO SUPPORT THOSE LACKING ACCESS TO CONVENTIONAL FINANCING TO INCREASE HOMEOWNERSHIP, AVOID FORECLOSURES, BUILD HOUSEHOLD WEALTH, & DEVELOP HEALTHY COMMUNITIES |
| FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 08/26/2019 PURPOSE OF PRI: TO PROVIDE FINANCING TO HIGH-PERFORMING PUBLIC CHARTER SCHOOLS FOR THE PURPOSES OF PURCHASING, DEVELOPING, OR RENOVATING EDUCATIONAL FACILITIES, WITH AN EMPHASIS ON FINANCING SCHOOLS SERVING PREDOMINANTLY DISADVANTAGED AND LOW-INCOME STUDENTS AND COMMUNITIES. REPORTS OF AMOUNTS EXPENDED: SELF HELP CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEAR ENDING 12/31/2019. THIS INVESTMENT WAS REMOVED FROM THE FOUNDATION'S BOOKS ON 10/15/2020, THE DATE SELF HELP FEDERAL CREDIT UNION PAID BACK THIS LOAN. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 08/22/2019 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNTS EXPENDED: SELF HELP FEDERAL CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEAR ENDING 12/31/2019. THIS INVESTMENT WAS REMOVED FROM THE FOUNDATION'S BOOKS ON 09/29/2020, THE DATE SELF HELP FEDERAL CREDIT UNION PAID BACK THIS LOAN. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 8/25/2020 PURPOSE OF PRI: TO PROVIDE FINANCING TO HIGH-PERFORMING PUBLIC CHARTER SCHOOLS FOR THE PURPOSES OF PURCHASING, DEVELOPING, OR RENOVATING EDUCATIONAL FACILITIES, WITH AN EMPHASIS ON FINANCING SCHOOLS SERVING PREDOMINANTLY DISADVANTAGED AND LOW-INCOME STUDENTS AND COMMUNITIES. REPORTS OF AMOUNTS EXPENDED: SELF HELP CREDIT UNION IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT IN 2021. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2021. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 8/25/2020 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNTS EXPENDED: SELF HELP FEDERAL CREDIT UNION IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT 2021. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2021. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 8/20/2021 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNTS EXPENDED: SELF HELP FEDERAL CREDIT UNION IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT 2022. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2021. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 8/20/2021 PURPOSE OF PRI: TO PROVIDE FINANCING TO HIGH-PERFORMING PUBLIC CHARTER SCHOOLS FOR THE PURPOSES OF PURCHASING, DEVELOPING, OR RENOVATING EDUCATIONAL FACILITIES, WITH AN EMPHASIS ON FINANCING SCHOOLS SERVING PREDOMINANTLY DISADVANTAGED AND LOW-INCOME STUDENTS AND COMMUNITIES. REPORTS OF AMOUNTS EXPENDED: SELF HELP CREDIT UNION IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT IN 2022. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2021. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (89 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCENTURE PLC | $49,477 | $346,993 |
| ACTIVISION BLIZZARD INC | $83,814 | $92,749 |
| ADOBE SYSTEMS, INC | $92,533 | $184,509 |
| AIR PRODS & CHEM INC | $110,367 | $177,338 |
| ALPHABET INC CL A | $183,858 | $873,973 |
| AMAZON COM | $176,418 | $714,983 |
| AMERICAN ELECTRIC POWER INC | $148,670 | $174,662 |
| AMGEN INC | $42,060 | $61,344 |
| ANALOG DEVICES INC | $120,844 | $164,742 |
| APPLE INC | $45,826 | $993,727 |
| APPLIED MATERIALS INC | $89,846 | $105,266 |
| BANK OF AMERICA CORP | $113,161 | $233,132 |
| BERKSHIRE HATHAWAY INC. CLASS | $100,184 | $218,043 |
| BOEING CO | $101,070 | $59,046 |
| BOSTON SCIENTIFIC | $107,699 | $133,147 |
| BRISTOL-MYERS SQUIBB CO | $75,158 | $78,761 |
| BROADCOM INC | $78,154 | $273,466 |
| BROWN CAPITAL MANAGEMENT SMALL | $750,004 | $1,014,344 |
| CHARLES SCHWAB CORP | $74,930 | $83,413 |
| CHEVRON CORP | $119,262 | $131,027 |
| CINTAS CRP | $53,962 | $233,109 |
| CLEARBRIDGE INTERNATIONAL GROW | $1,830,752 | $2,484,523 |
| COMCAST CORP | $116,757 | $216,749 |
| CONSTELLATION BRANDS INC | $143,291 | $168,067 |
| CROWN CASTLE INTL | $89,857 | $198,778 |
| D R HORTON | $113,866 | $164,562 |
| DANAHER CORP | $45,460 | $277,481 |
| DU PONT DE NEMOURS | $51,928 | $61,733 |
| EASTMAN CHEMICAL CO | $93,809 | $97,204 |
| EATON CORP PLC | $86,426 | $108,087 |
| ELI LILLY & CO | $124,397 | $233,236 |
| ESSENTIAL UTILITIES INC | $50,447 | $59,209 |
| EXXON MOBIL CORP | $142,854 | $108,004 |
| FACEBOOK INC | $158,563 | $430,596 |
| FIRST REPUBLIC BANK | $65,550 | $229,577 |
| GLOBAL PAYMENTS INC | $45,719 | $119,540 |
| GOLDMAN SACHS GROUP | $58,817 | $206,755 |
| HOME DEPOT INC | $143,553 | $377,390 |
| HONEYWELL INTL | $115,248 | $239,563 |
| ILLUMINA INC COM | $77,967 | $125,262 |
| INTERCONTINENTAL EXCHANGE, INC | $70,668 | $156,704 |
| JOHNSON & JOHNSON | $153,605 | $248,615 |
| JP MORGAN CHASE | $142,744 | $337,654 |
| KNIGHT SWIFT TRANSPORTATION HO | $73,553 | $89,631 |
| MARRIOTT INTERNATIONAL INC. CL | $83,902 | $155,006 |
| MARSH AND MCLENNAN COMPANIES I | $83,917 | $200,273 |
| MASTERCARD INC | $23,444 | $30,468 |
| MEDTRONIC PLC | $120,304 | $209,430 |
| MFS NEW DISCOVERY VALUE FUND C | $1,306,647 | $2,003,876 |
| MICROSOFT CORP | $187,498 | $1,063,221 |
| MONDELEZ INTERNATIONAL INC | $89,453 | $117,499 |
| NIKE INC-CL B | $97,938 | $268,032 |
| NORTHROP GRUMMAN CORP | $98,050 | $157,008 |
| OPPENHEIMER INTL GROWTH FUND Y | $129,298 | $139,296 |
| PALO ALTO NETWORKS INC | $75,442 | $92,208 |
| PAYPAL HOLDINGS, INC | $155,142 | $191,093 |
| PEAR TREE FOREIGN VALUE FD INS | $741,735 | $724,607 |
| PEPSICO INC | $97,585 | $214,411 |
| PHILLIPS 66 | $52,475 | $59,716 |
| PIONEER NAT RES CO | $20,779 | $18,260 |
| PNC FINANCIAL GROUP INC | $45,508 | $137,401 |
| PPG INDUSTRIES INC | $60,622 | $75,148 |
| PRIMECAP ODYSSEY AGGRESSIVE GR | $684,606 | $899,829 |
| PROCTER GAMBLE CO | $110,717 | $184,110 |
| QUALCOMM INC | $34,717 | $45,767 |
| REAL ESTATE SELECT SECTOR SPDR | $59,406 | $63,748 |
| REGIONS FINANCIAL CORP | $47,218 | $55,590 |
| REPUBLIC SVCS INC | $48,287 | $90,739 |
| SCHWAB S P 500 INDEX FUND SELE | $1,179,414 | $1,855,792 |
| SERVICE NOW | $95,915 | $124,866 |
| SOUTHWEST AIRLINES | $31,953 | $32,705 |
| STARBUCKS CORP COM | $27,206 | $51,931 |
| TECHNIP ENERGIES SPONSORED ADR | $19,014 | $15,724 |
| TEXAS INSTRUMENTS INC | $66,687 | $233,865 |
| THERMO FISHER SCIENTIFIC INC | $73,240 | $305,777 |
| TJX COMPANIES INC | $94,395 | $133,950 |
| TRANE TECHNOLOGIES PLC | $67,220 | $163,961 |
| ULTA SALON, COSMETICS & FRAGRA | $82,126 | $133,622 |
| UNION PACIFIC | $101,647 | $245,897 |
| UNITEDHEALTH GROUP INC | $101,603 | $313,035 |
| VANGUARD MID-CAP INDEX FD ADMI | $1,475,000 | $1,612,899 |
| VANGUARD RUSSELL 2000 GROWTH I | $900,000 | $955,172 |
| VANGUARD S&P MIDCAP 400 GROWTH | $525,000 | $543,349 |
| VERIZON COMMUNICATIONS | $110,279 | $124,355 |
| VICTORY SYCAMORE ESTABLISHED V | $1,264,867 | $1,625,846 |
| VISA INC | $42,502 | $370,913 |
| WAL-MART STORES INC | $57,480 | $93,895 |
| WALT DISNEY HOLDINGS CO | $88,784 | $261,797 |
| WORKDAY INC | $98,533 | $111,176 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Document Review/Drafting | $2,435 | $2,435 |
| General Consultations | $2,609 | $2,609 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (8 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PRI CLEVELAND CNTY FAMILY YM | $30,000 | $30,000 |
| PRI PAVE SOUTHEAST RALEIGH CHA | $50,000 | $50,000 |
| PRI SELF-HELP CREDIT UNION DTD | $240,000 | $240,000 |
| PRI SELF-HELP CR UNION DTD 8/1 | $281,000 | $281,000 |
| PRI SELF-HELP FED CR DTD 8/5 | $220,000 | $220,000 |
| PRI SELF-HELP FED CR DTD 8/1 | $250,000 | $250,000 |
| PRI THE RESURRECTION PROJECT | $175,000 | $175,000 |
| PRI THE RESURRECTION PRO DTD 8 | $150,000 | $150,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $60,000 | $60,000 |
| Foundation Dues & Memberships | $765 | $765 |
| Indemnification Insurance | $2,500 | $2,500 |
| OFFICE SUPPLIES | $143 | $143 |
| State or Local Filing Fees | $26 | $26 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $609 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $609 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $84,658 | $84,658 | |
| Philanthropic Consulting Srvcs | $8,000 | $8,000 | |
| TRANSCRIPTION SERVICES | $900 | $900 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2021 | $29,000 | |
| Foreign Tax Paid | $2,911 | $2,911 |