H CLAY AND WAVIE M PRESNELL FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: H CLAY AND WAVIE M PRESNELL FOUNDATION (EIN 20-2007162)
Tax period: 2021-08-01 to 2022-07-31
Filed: 2022-09-29
IRS object ID: 202222729349100307
Schema version: 2021v4.1
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
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Investments Corp Stock Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-09-29T07:07:15-07:00	ReturnTs
Tax Period End	2022-07-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	825186611	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	William R Huneycutt CPA PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	221 S Fayetteville St	AddressLine1Txt
City	Asheboro	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27203	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-08-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	202007162	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE H CLAY AND WAVIE M PRESNELL FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HCLA	BusinessNameControlTxt
Phone	3364957865	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 234	AddressLine1Txt
City	RANDLEMAN	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27317	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TAMMY WEBSTER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	3364957865	PhoneNum
Signature	2022-09-28	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	TAMMY	PersonFirstNm
Person Last	WEBSTER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	William R Huneycutt CPA	PreparerPersonNm
PTIN	P01563932	PTIN
Phone	3366269970	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	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	$2,434,528	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	$186,741	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$31,533	DividendsRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm	$111,223	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$0	NetSTCapitalGainAdjNetIncmAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$0	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$218,274	TotalRevAndExpnssAmt
Total Net Invst Incm	$111,223	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$28,308	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$28,308	CompOfcrDirTrstNetInvstIncmAmt
Legal Fees Rev And Expnss	$0	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$3,055	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$3,055	AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss	$0	OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss	$6,627	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$6,627	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss	$298	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$298	TravConfMeetingNetInvstIncmAmt
Other Expenses Rev And Expnss	$31,321	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$31,321	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$69,609	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$69,609	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$139,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$139,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$208,609	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$69,609	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$139,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$9,665	ExcessRevenueOverExpensesAmt
Net Investment Income	$41,614	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$78,371	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$113,486	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$113,486	SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY	$0	RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
Corporate Stock BOY	$2,048,099	CorporateStockBOYAmt
Corporate Stock EOY	$2,133,872	CorporateStockEOYAmt
Corporate Stock EOYFMV	$2,321,042	CorporateStockEOYFMVAmt
Land Bldg Investments EOY	$0	LandBldgInvestmentsEOYAmt
Other Investments EOY	$0	OtherInvestmentsEOYAmt
Land EOY	$0	LandEOYAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$0	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$2,126,470	TotalAssetsBOYAmt
Total Assets EOY	$2,247,358	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,434,528	TotalAssetsEOYFMVAmt
Loans From Officers EOY	$0	LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY	$0	MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$0	OtherLiabilitiesEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$2,126,470	CapitalStockBOYAmt
Capital Stock EOY	$2,247,358	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,126,470	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,247,358	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,126,470	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,247,358	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,126,470	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$9,665	ExcessRevenueOverExpensesAmt
Other Increases	$117,315	OtherIncreasesAmt
Subtotal	$2,253,450	SubtotalAmt
Other Decreases	$6,092	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,247,358	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	DepreciationDepreciationAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	FMV As Of123169FMVAsOf123169Amt	Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt	Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
STIFEL INVESTMENT ACCOUNT - SHORT TERM	P	2022-08-01	2022-07-31	$392,562	$0	$398,654	-$6,092	$0	$0	$0	-$6,092
STIFEL INVESTMENT ACCOUNT - LONG TERM	P	2021-07-01	2022-07-31	$431,206	$0	$332,988	$98,218	$0	$0	$0	$98,218
STIFEL INVESTMENT ACCOUNTS - ADJUSTMENT OF COST BASIS	P	2021-07-01	2022-07-31	$19,097	$0	$0	$19,097	$0	$0	$0	$19,097

Field	Value	IRS element (for citing)
Capital Gain Net Income	$111,223	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$6,092	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$578	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$578	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$578	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,200	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$3,200	TotalPaymentsAndCreditsAmt
Original Return Overpayment	-$3,200	OriginalReturnOverpaymentAmt
Overpayment	$2,622	OverpaymentAmt
Applied To ES Tax	$2,622	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
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NC	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (true)	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	www.presnellfoundation.org	WebsiteAddressTxt
Individual With Books	TAMMY L WEBSTER	IndividualWithBooksNm
Phone	3364957865	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 234	AddressLine1Txt
City	RANDLEMAN	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27317	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	Yes (true)	UndistrIncmSect4942a2NotAppInd
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
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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
KEVIN KESLER
4375 HAPPY HOLLOW ROAD	ASHEBORO	NC	27205	PRESIDENT	1.00	$0	$0	$0
LINDA MCNEILL
PO BOX 246	SEAGROVE	NC	27341	VICE PRESIDENT	1.00	$0	$0	$0
ROXANNE KESLER
4375 HAPPY HOLLOW ROAD	ASHEBORO	NC	27205	DIRECTOR	1.00	$0	$0	$0
TAMMY WEBSTER
PO BOX 234	RANDLEMAN	NC	27317	SECRETARY-TREASURER	10.00	$28,308	$0	$0
BOB MASON
842 S COX STREET	ASHEBORO	NC	27203	DIRECTOR	1.00	$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
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,537,229	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$146,885	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,684,114	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$2,684,114	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$40,262	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,643,852	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$132,193	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$132,193	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$578	TaxBasedOnInvestmentIncomeAmt
Total Tax	$578	TotalTaxAmt
Distributable Before Adj	$131,615	DistributableBeforeAdjAmt
Distributable Before Ded	$131,615	DistributableBeforeDedAmt
Distributable As Adjusted	$131,615	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$139,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$139,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$131,615	DistributableAsAdjustedAmt
Undistributed Income PY	$2,724	UndistributedIncomePYAmt
Excess Distribution Cyov Yr5	$0	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$0	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$0	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$0	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$0	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$139,000	QualifyingDistributionsAmt
Applied To Year1	$2,724	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$131,615	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$4,661	RemainingDistriFromCorpusAmt
Total Corpus	$4,661	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$4,661	ExcessDistriCyovToNextYrAmt
Excess From Year4	$0	ExcessFromYear4Amt
Excess From Year3	$0	ExcessFromYear3Amt
Excess From Year2	$0	ExcessFromYear2Amt
Excess From Year1	$0	ExcessFromYear1Amt
Excess From Current Year	$4,661	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	TAMMY WEBSTER	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 234	AddressLine1Txt
City	RANDLEMAN	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27317	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	3364957865	RecipientPhoneNum
Form And Info And Materials	SEE ATTACHMENT	FormAndInfoAndMaterialsTxt
Submission Deadlines	SEE ATTACHMENT	SubmissionDeadlinesTxt
Restrictions On Awards	FOCUS ON RECREATIONAL, EDUCATIONAL, HEALTHCARE AND GOVERNMENTAL SERVICES IN RANDOLPH COUNTY.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BOYS AND GIRLS CLUB OF HP (ASHEBORO)
PO BOX 2834	HIGH POINT	NC	27261	NON-PROFIT	GENERAL OPERATINGSUPPORT	$15,000
ASHEBORO SHELTER OF HOPE
PO BOX1851	ASHEBORO	NC	27204	NON-PROFIT	PROJECT	$10,000
GRAY CHAPEL UMC
5056 NC HWY 22 N	FRANKLINVILLE	NC	27248	NON-PROFIT	PROJECT	$8,000
HEROES HELPING HEROES INC
PO BOX 152	PINNACLE	NC	27043	NONPROFIT	PROJECT	$7,000
EMILY'S KIDS FOUNDATION
PO BOX 59	CLIMAX	NC	27233	NONPROFIT	GENERAL OPERATINGSUPPORT	$5,000
MIDWAY WESLEYAN CHURCH
331 WORTHVILLE ROAD	RANDLEMAN	NC	27317	NONPROFIT	PROJECT	$7,500
NAAMAN'S VILLAGE
PO BOX 2161	HIGH POINT	NC	27261	NONPROFIT	PROJECT	$5,000
OUR DAILY BREAD KITCHEN
PO BOX 682	ASHEBORO	NC	27204	NONPROFIT	GENERAL OPERATINGSUPPORT	$15,000
RANDOLPH COUNTY FAMILY CRISIS CENTER
PO BOX 2161	ASHEBORO	NC	27204	NONPROFIT	PROJECT	$25,000
VICTORY JUNCTION
4500 ADAMS WAY	RANDLEMAN	NC	27317	NONPROFIT	PROJECT	$20,000
RANDOLPH SENIOR ADULTS
347 W SALISBURY ST	ASHEBORO	NC	27203	NONPROFIT	PROJECT	$20,000
SEW BUSY LADIES GROUP INC
904 COUNTRY PLACE ROAD	ASHEBORO	NC	27203	NONPROFIT	GENERAL OPERATINGSUPPORT	$1,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$139,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Business	611110	BusinessCd
Unrelated Business Taxbl Incm	$31,533	UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$31,533	UnrelatedBusinessTaxblIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$31,533	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	WAVIE M PRESNELL CHARITABLE LEAD AN	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 234	AddressLine1Txt
City	RANDLEMAN	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27317	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$186,741	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	WILLIAM HUNEYCUTT, CPA TAX PREPARATION	CategoryTxt
Amt	$3,055	Amt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PAGE 4 - PART VII-A - LINE 10	FormAndLineReferenceDesc
Medium Explanation	WAVIE M PRESNELL CHARITABLE LEAD ANNUITY TRUSTWAVIE M PRESNELL CHARITABLE LEAD ANNUITY TRUSTWAVIE M PRESNELL CHARITABLE LEAD ANNUITY TRUST	MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
STIFFEL INVESTMENT ACCOUNT	$158,115	$143,368
STIFFEL INVESTMENT ACCOUNT	$1,201,099	$1,431,847
STIFFEL INVESTMENT ACCOUNT	$238,081	$222,030
STIFFEL INVESTMENT ACCOUNT	$536,577	$523,797

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	CAPITAL LOSS	Desc
Amt	$6,092	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
ADVISORY FEES	$30,941	$30,941
OFFICE	$92	$92
DUES	$224	$224
WEBSITE	$64	$64

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	CAPITAL GAINS AND RETURN OF PRINCIPLE/CAPITAL	Desc
Amt	$117,315	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAX	$4,479	$4,479
FOREIGN TAXES	$5	$5
PAYROLL TAXES	$2,143	$2,143