ROBERT HAYWOOD MORRISON FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT HAYWOOD MORRISON FOUNDATION (EIN 01-0561393)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-03-18
- IRS object ID
- 202200779349100110
- Schema version
- 2020v4.2
- 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
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-18T11:01:19-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 214 N TRYON ST SUITE 4200 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010561393 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT HAYWOOD MORRISON FDN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 7048065071 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 BAXTER STREET NO 300 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CYNTHIA HALDENBY TYSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7048065071 | PhoneNum |
| Signature | 2022-03-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CYNTHIA | PersonFirstNm |
| Person Last | HALDENBY TYSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAROLINE GRIFFIN | PreparerPersonNm |
| PTIN | P00960141 | PTIN |
| Phone | 7043447500 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $21,060,043 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $281,469 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $281,469 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $4,614 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $4,614 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $4,614 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,339,676 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,469,916 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,339,676 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $181 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $181 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,625,940 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,625,940 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $170,004 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $34,001 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $136,003 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $8,676 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,235 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,441 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,756 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $23,005 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,751 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $130,373 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $128,739 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,634 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,506 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,704 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $8,802 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,496 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,496 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $10,379 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,379 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $370,190 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $196,684 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $173,506 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $605,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $605,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $975,940 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $196,684 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $779,256 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $650,000 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,429,256 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,102,234 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $614,888 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $614,888 | SavAndTempCashInvstEOYFMVAmt |
| Invst Land Cost Or Other Basis | $3,787,297 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $3,787,297 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $3,787,297 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $3,100,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $13,061,216 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,193,801 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,345,155 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,950,747 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,595,986 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,060,043 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $17,950,747 | CapitalStockBOYAmt |
| Capital Stock EOY | $18,595,986 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,950,747 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,595,986 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,950,747 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,595,986 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,950,747 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $650,000 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $18,600,747 | SubtotalAmt |
| Other Decreases | $4,761 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,595,986 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| LONG TERM CAPITAL GAIN DIVIDENDS | 2020-12-01 | 2021-11-30 | $116,531 | $116,531 | $116,531 | |
| SHORT TERM BANK OF AMERICA | 2020-12-01 | 2021-11-30 | $2,716,524 | $282,925 | $282,925 | $2,433,599 |
| LONG TERM BANK OF AMERICA | 2020-12-01 | 2021-11-30 | $3,636,861 | $940,220 | $940,220 | $2,696,641 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,339,676 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $282,925 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $19,867 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $19,867 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $19,867 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $15,867 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CYNTHIA H TYSON | IndividualWithBooksNm |
| Phone | 7048065071 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 BAXTER STREET SUITE 300 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| CYNTHIA H TYSON | ||||||||
| 1300 BAXTER STREET SUITE 300 | CHARLOTTE | NC | 28204 | PRESIDENT | 40.00 | $170,004 | $0 | $0 |
| DOUGLAS E CLARK | ||||||||
| 800 S SAINT ASAPH STREET APT 414 | ALEXANDRIA | VA | 22314 | SECRETARY | 0.00 | $0 | $0 | $0 |
| MARCUS J TYSON | ||||||||
| 1856 MARYLAND AVENUE | CHARLOTTE | NC | 28209 | VP AND TREASURER | 0.00 | $0 | $0 | $0 |
| ALEXANDRA E BUTLER | ||||||||
| 1856 MARYLAND AVENUE | CHARLOTTE | NC | 28209 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| FREDERICK FAIRCLOTH VI | ||||||||
| 1348 EBENEZER ROAD SUITE 101 | ROCK HILL | SC | 29732 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| MARK L ATCHINSON | ||||||||
| 6539 GLENSHAW DRIVE | GLEN ALLEN | VA | 23059 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,084,250 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $737,602 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,100,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,921,852 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,921,852 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $313,828 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,608,024 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,030,401 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,030,401 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $19,867 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $19,867 | TotalTaxAmt |
| Distributable Before Adj | $1,010,534 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,010,534 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,010,534 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $779,256 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $779,256 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $779,256 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,010,534 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $253,285 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $187,261 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $440,546 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $779,256 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $779,256 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $231,278 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $231,278 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $209,268 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $209,268 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $22,007 | ExcessFromYear2Amt |
| Excess From Year1 | $187,261 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CYNTHIA H TYSON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN SHAKESPEARE CENTER | |||||||
| 20 S NEW STREET FOURTH FLOOR | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE. | $1,000 |
| CATAWBA RIVERKEEPERS FOUNDATION | |||||||
| 715 N CHURCH ST ST 120 | CHARLOTTE | NC | 28202 | NONE | EXEMPT PUBLIC | GENERAL USE | $1,000 |
| CHAMBER MUSIC FOR ALL | |||||||
| 128 S TRYON ST ST 350 | CHARLOTTE | NC | 28202 | NONE | PC | GENERAL USE. | $200 |
| CHARLOTTE MASTER CHORALE | |||||||
| 301 EAST JOHN ST 511 | MATTHEWS | NC | 28105 | NONE | PC | GENERAL USE. | $200 |
| CHARLOTTE MUSEUM OF HISTORY | |||||||
| 3500 SHAMROCK DR | CHARLOTTE | NC | 28215 | NONE | EXEMPT PUBLIC | GENERAL USE. | $500 |
| CHARLOTTE SYMPHONY | |||||||
| 128 S TRYON ST 350 | CHARLOTTE | NC | 28202 | NONE | PC | GENERAL USE. | $2,500 |
| CHARLOTTE YOUTH BALET | |||||||
| 627 S SHARON AMITY RD | CHARLOTTE | NC | 28211 | NONE | PC | GENERAL USE. | $1,000 |
| FOUNDATION FOR THE CAROLINAS | |||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | NONE | PC | GENERAL USE. | $200,000 |
| JOE MARTIN ALS FOUNDATION | |||||||
| 100 N TRYON ST ST 3420 | CHARLOTTE | NC | 28202 | NONE | EXEMPT PUBLIC | GENERAL USE. | $50 |
| LYNNWOOD FOUNDATIONDUKE MANSION | |||||||
| 400 HERMITAGE ROAD | CHARLOTTE | NC | 28207 | NONE | PC | GENERAL USE. | $20,000 |
| MARY BALDWIN COLLEGE | |||||||
| 318 PROSPECT STREET | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE | $20,000 |
| NATURE CONSERVANCY | |||||||
| 334 BLACKWELL STREET SUITE 300 | DURHAM | NC | 27701 | NONE | EXEMPT PUBLIC | GENERAL USE | $1,000 |
| NATURE CONSERVANCY | |||||||
| 334 BLACKWELL STREET SUITE 300 | DURHAM | NC | 27701 | NONE | EXEMPT PUBLIC | GENERAL USE. | $50,000 |
| OPERA CAROLINA | |||||||
| 1600 ELIZABETH AVENUE | CHARLOTTE | NC | 28204 | NONE | PC | GENERAL USE. | $100,000 |
| OPERA CAROLINA | |||||||
| 1600 ELIZABETH AVENUE | CHARLOTTE | NC | 28204 | NONE | PC | GENERAL PUBLIC | $2,500 |
| PRESERVE MECKLENBURG INC | |||||||
| 1031 SOUTH CALDWELL ST SUITE 20 | CHARLOTTE | NC | 28203 | NONE | EXEMPT PUBLIC | GENERAL USE. | $100 |
| QUEENS UNIVERSITY OF CHARLOTTE | |||||||
| 1409 EAST BLVD | CHARLOTTE | NC | 28203 | NONE | PC | GENERAL USE. | $200,000 |
| QUEENS UNIVERSITY OF CHARLOTTE | |||||||
| 1409 EAST BLVD | CHARLOTTE | NC | 28203 | NONE | PC | GENERAL USE. | $1,500 |
| ROANOKE COLLEGE - SCHOOL | |||||||
| 221 COLLEGE LANE | SALEM | VA | 24153 | NONE | PC | GENERAL USE. | $1,000 |
| TREESCHARLOTTE FOUNDATION | |||||||
| 701 TUCKASEEGEE ROAD | CHARLOTTE | NC | 28208 | NONE | PC | GENERAL USE. | $1,000 |
| WDAV - DAVIDSON - EXEMPT PUBLIC | |||||||
| 423 NORTH MAIN STREET | DAVIDSON | NC | 28035 | NONE | EXEMPT PUBLIC | GENERAL USE | $1,200 |
| WFAE 907 - EXEMPT PUBLIC | |||||||
| 8801 J M KEYNES DR 91 | CHARLOTTE | NC | 28262 | NONE | EXEMPT PUBLIC | GENERAL USE. | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $605,750 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FY 2021 - GRANT TO FOUNDATION FOR THE CAROLINAS | |||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | NONE | PC | GENERAL USE | $200,000 |
| FY 2021 - GRANT TO MARY BALDWIN COLLEGE | |||||||
| 318 PROSPECT STREET | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE | $200,000 |
| FY 2021 - LYNNWOOD FOUNDATIONDUKE MANSION | |||||||
| 400 HERMITAGE ROAD | CHARLOTTE | NC | 28207 | NONE | PC | GENERAL USE | $20,000 |
| FY 2021 - NATURE CONSERVANCY | |||||||
| 334 BLACKWELL STREET SUITE 300 | DURHAM | NC | 27701 | NONE | EXEMPT PUBLIC | GENERAL USE | $50,000 |
| FY 2021 - OPERA CAROLINA | |||||||
| 1600 ELIZABETH AVENUE | CHARLOTTE | NC | 28204 | NONE | PC | GENERAL USE | $100,000 |
| FY 2021 - QUEENS UNIVERSITY OF CHARLOTTE | |||||||
| 1409 EAST BLVD | CHARLOTTE | NC | 28203 | NONE | PC | GENERAL USE | $200,000 |
| FY 2022 - GRANT TO MARY BALDWIN COLLEGE | |||||||
| 318 PROSPECT STREET | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE | $200,000 |
| FY 2023 - GRANT TO MARY BALDWIN COLLEGE | |||||||
| 318 PROSPECT STREET | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE | $200,000 |
| FY 2024 - GRANT TO MARY BALDWIN COLLEGE | |||||||
| 318 PROSPECT STREET | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE | $200,000 |
| FY 2025- GRANT TO MARY BALDWIN COLLEGE | |||||||
| 318 PROSPECT STREET | STAUNTON | VA | 24401 | NONE | PC | GENERAL USE | $200,000 |
| FY 2022 - QUEENS UNIVERSITY OF CHARLOTTE | |||||||
| 1409 EAST BLVD | CHARLOTTE | NC | 28203 | NONE | PC | GENERAL USE | $250,000 |
| FY 2023 - QUEENS UNIVERSITY OF CHARLOTTE | |||||||
| 1409 EAST BLVD | CHARLOTTE | NC | 28203 | NONE | PC | GENERAL USE | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,070,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $281,469 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $4,614 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $181 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,339,676 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,625,940 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,625,940 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $28,756 | Amt |
| Net Investment Income | $23,005 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,751 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $14,193,801 | BookValueAmt |
| EOYFMV | $17,345,155 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $8,676 | LegalFeesAmt |
| Net Investment Income | $1,235 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,441 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT OF CARRYING VALUE | Desc |
| Amt | $4,761 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| POSTAGE/FED EX | $128 | $0 | $0 | $128 |
| UTILITIES & OTHER BUSINESS EXPENSES | $2,079 | $0 | $0 | $2,079 |
| COMPUTER EXPENSES | $722 | $0 | $0 | $722 |
| MEMBERSHIP DUES | $250 | $0 | $0 | $250 |
| RENT EXPENSE | $7,200 | $0 | $0 | $7,200 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION SETTLEMENTS | Desc |
| Revenue And Expenses Per Books | $181 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $181 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BOA INVESTMENT MANAGEMENT | $128,739 | $128,739 | $0 | $0 |
| PAYCHEX PAYROLL SERVICE | $1,634 | $0 | $0 | $1,634 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX | $1,929 | $1,929 | $0 | $0 |
| PAYROLL TAX | $11,002 | $2,200 | $0 | $8,802 |
| REAL ESTATE TAX | $5,575 | $5,575 | $0 | $0 |