NEWSOME FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- NEWSOME FAMILY FOUNDATION (EIN 20-0482177)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-08-17
- IRS object ID
- 202232299349100103
- Schema version
- 2021v4.2
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-17T09:01:28-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631130097 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABROMS & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1426 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35631 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200482177 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NEWSOME FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ABROMS AND ASSOCIATES P C | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWS | BusinessNameControlTxt |
| Phone | 2059127215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1426 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35631 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL J NEWSOME | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2059127215 | PhoneNum |
| Signature | 2022-08-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | NEWSOME | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARRY R JACOBS | PreparerPersonNm |
| PTIN | P01060620 | PTIN |
| Phone | 2567670740 | PhoneNum |
| Preparation | 2022-08-01 | PreparationDt |
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 |
| 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 | $548,077 | 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 | $410,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,795 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,795 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,573 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $220,865 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $105,806 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $423,369 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $113,602 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $65 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $235 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $144 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,883 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $626 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,257 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,327 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $691 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,492 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $86,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $86,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $90,077 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $691 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $89,242 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $333,292 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $112,911 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $28,932 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $14,142 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $14,142 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $143,199 | CorporateStockBOYAmt |
| Corporate Stock EOY | $491,281 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $533,935 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $172,131 | TotalAssetsBOYAmt |
| Total Assets EOY | $505,423 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $548,077 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $172,131 | RetainedEarningBOYAmt |
| Retained Earning EOY | $505,423 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $172,131 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $505,423 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $172,131 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $505,423 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $172,131 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $333,292 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $505,423 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $505,423 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (65 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 16 AMGEN INC | P | 2020-10-02 | 2021-12-16 | $3,556 | $3,966 | -$410 | -$410 |
| 12 AMGEN INC | P | 2020-11-18 | 2021-12-16 | $2,667 | $2,772 | -$105 | -$105 |
| 14 DIAGEO ADR | P | 2020-06-19 | 2021-12-16 | $2,940 | $1,993 | $947 | $947 |
| 20 NOVARTIS AG | P | 2015-06-30 | 2021-12-10 | $1,616 | $1,729 | -$113 | -$113 |
| 4 NOVARTIS AG | P | 2015-07-13 | 2021-12-10 | $323 | $366 | -$43 | -$43 |
| 15 NOVARTIS AG | P | 2015-07-27 | 2021-12-10 | $1,212 | $1,337 | -$125 | -$125 |
| 8 NOVARTIS AG | P | 2019-09-12 | 2021-12-10 | $647 | $715 | -$68 | -$68 |
| 11 NOVARTIS AG | P | 2020-06-19 | 2021-12-10 | $889 | $1,001 | -$112 | -$112 |
| 1 AMGEN INC | P | 2020-12-17 | 2021-12-16 | $222 | $229 | -$7 | -$7 |
| 15 AMGEN INC | P | 2021-02-12 | 2021-12-16 | $3,334 | $3,552 | -$218 | -$218 |
| 7 DIAGEO ADR | P | 2021-02-12 | 2021-12-16 | $1,470 | $1,170 | $300 | $300 |
| 29 DISCOVER FINANCIAL | P | 2021-04-30 | 2021-12-16 | $3,350 | $3,317 | $33 | $33 |
| 4 DISCOVER FINANCIAL | P | 2021-05-21 | 2021-12-16 | $462 | $458 | $4 | $4 |
| 10 ACCENTURE | P | 2021-02-12 | 2021-03-15 | $2,640 | $2,566 | $74 | $74 |
| 24 AMER ELECTRIC | P | 2020-06-06 | 2021-03-15 | $1,966 | $1,940 | $26 | $26 |
| 4 AMER ELECTRIC | P | 2020-06-19 | 2021-03-15 | $328 | $324 | $4 | $4 |
| 33 AMER ELECTRIC | P | 2021-02-12 | 2021-03-15 | $2,703 | $2,590 | $113 | $113 |
| 1 BLACKROCK | P | 2021-02-12 | 2021-03-15 | $709 | $720 | -$11 | -$11 |
| -1 MEDTRONIC | P | 2021-06-21 | 2021-04-15 | $250 | $250 | $250 | |
| 11 CHUBB | P | 2021-02-12 | 2021-03-15 | $1,903 | $1,790 | $113 | $113 |
| 39 CISCO SYSTEMS | P | 2021-02-12 | 2021-03-15 | $1,919 | $1,833 | $86 | $86 |
| 63 COCA COLA | P | 2021-02-12 | 2021-03-15 | $3,212 | $3,188 | $24 | $24 |
| 21 COCA COLA | P | 2021-02-12 | 2021-06-23 | $1,137 | $1,063 | $74 | $74 |
| 4 COMCAST | P | 2020-06-19 | 2021-03-22 | $226 | $156 | $70 | $70 |
| 40 COMCAST | P | 2021-02-12 | 2021-03-22 | $2,256 | $2,124 | $132 | $132 |
| 42 CRANE CO | P | 2021-02-12 | 2021-03-22 | $3,865 | $3,489 | $376 | $376 |
| 13 HOME DEPOT | P | 2021-02-12 | 2021-04-30 | $4,202 | $3,599 | $603 | $603 |
| 8 JOHNSON & JOHNSON | P | 2021-02-12 | 2021-05-14 | $1,366 | $1,330 | $36 | $36 |
| 4 JP MORGAN | P | 2021-02-12 | 2021-03-22 | $611 | $564 | $47 | $47 |
| 18 JP MORGAN | P | 2021-03-02 | 2021-03-22 | $2,751 | $2,719 | $32 | $32 |
| 9 LOCKHEED MARTIN | P | 2021-02-12 | 2021-05-25 | $3,482 | $3,037 | $445 | $445 |
| 10 MARSCH & MCLENNAN | P | 2021-02-12 | 2021-03-02 | $1,160 | $1,119 | $41 | $41 |
| 16 MEDTRONIC | P | 2021-02-12 | 2021-05-25 | $2,055 | $1,909 | $146 | $146 |
| 2 MICROSOFT CORP | P | 2021-02-12 | 2021-03-15 | $466 | $488 | -$22 | -$22 |
| 5 MICROSOFT CORP | P | 2021-02-12 | 2021-05-14 | $1,237 | $1,221 | $16 | $16 |
| 2 NOVARTIS | P | 2020-12-17 | 2021-03-02 | $177 | $185 | -$8 | -$8 |
| 11 NOVARTIS | P | 2021-02-12 | 2021-03-02 | $974 | $1,010 | -$36 | -$36 |
| 28 NOVARTIS | P | 2021-02-12 | 2021-05-25 | $2,480 | $2,571 | -$91 | -$91 |
| 18 PHILLIPS 66 | P | 2021-02-12 | 2021-06-23 | $1,596 | $1,383 | $213 | $213 |
| 5 PROCTOR & GAMBLE | P | 2020-06-19 | 2021-03-22 | $649 | $595 | $54 | $54 |
| 54 PROCTOR & GAMBLE | P | 2021-02-12 | 2021-03-22 | $7,009 | $6,867 | $142 | $142 |
| 8 TEXAS INSTRUMENTS | P | 2021-02-12 | 2021-03-02 | $1,404 | $1,431 | -$27 | -$27 |
| 8 TEXAS INSTRUMENTS | P | 2021-02-12 | 2021-03-15 | $1,379 | $1,431 | -$52 | -$52 |
| 50 TRUIST | P | 2020-06-19 | 2021-05-14 | $3,060 | $1,967 | $1,093 | $1,093 |
| 14 TRUIST | P | 2021-02-12 | 2021-05-14 | $857 | $753 | $104 | $104 |
| 25 TRUIST | P | 2021-03-02 | 2021-03-15 | $1,474 | $1,470 | $4 | $4 |
| 88 TRUIST | P | 2021-03-02 | 2021-05-14 | $5,386 | $5,176 | $210 | $210 |
| 3 ACCENTURE | P | 2015-11-20 | 2021-03-15 | $792 | $324 | $468 | $468 |
| 3 ACCENTURE | P | 2015-11-20 | 2021-05-14 | $864 | $324 | $540 | $540 |
| 5 AMER ELECTRIC | P | 2019-09-16 | 2021-03-15 | $410 | $459 | -$49 | -$49 |
| 5 CHEVRON | P | 2017-01-11 | 2021-03-15 | $548 | $579 | -$31 | -$31 |
| 5 CHEVRON | P | 2020-01-07 | 2021-03-15 | $548 | $593 | -$45 | -$45 |
| 17 COMCAST | P | 2018-11-08 | 2021-03-22 | $959 | $651 | $308 | $308 |
| 13 COMCAST | P | 2018-11-08 | 2021-05-14 | $756 | $498 | $258 | $258 |
| 4 COMCAST | P | 2020-01-07 | 2021-03-22 | $226 | $179 | $47 | $47 |
| 1700 HIBBETT | D | 2017-08-25 | 2021-02-12 | $104,570 | $20,737 | $83,833 | $83,833 |
| 75 HIBBETT | D | 2017-08-25 | 2021-04-09 | $5,461 | $915 | $4,546 | $4,546 |
| 57 HIBBETT | D | 2017-08-25 | 2021-05-14 | $4,604 | $695 | $3,909 | $3,909 |
| 83 HIBBETT | D | 2017-08-25 | 2021-05-25 | $6,620 | $1,012 | $5,608 | $5,608 |
| 2 MICROSOFT CORP | P | 2015-07-27 | 2021-05-14 | $495 | $91 | $404 | $404 |
| 5 MICROSOFT CORP | P | 2020-01-07 | 2021-05-14 | $1,237 | $794 | $443 | $443 |
| 2 MICROSOFT CORP | P | 2020-03-23 | 2021-05-14 | $495 | $271 | $224 | $224 |
| 17 NEXTERA ENERGY | P | 2015-06-30 | 2021-01-26 | $1,463 | $417 | $1,046 | $1,046 |
| 6 NOVARTIS | P | 2015-07-13 | 2021-05-25 | $531 | $548 | -$17 | -$17 |
| 8 NOVARTIS | P | 2020-01-07 | 2021-03-02 | $709 | $759 | -$50 | -$50 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $105,806 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,569 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,569 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,569 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $431 | OverpaymentAmt |
| Applied To ES Tax | $431 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | AL | 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 | ABROMS AND ASSOCIATES PC | IndividualWithBooksNm |
| Phone | 2567670740 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SOUTH COURT ST STE 610 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35630 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MICHAEL J NEWSOME | ||||||||
| 3012 SHANDWICK COURT | BIRMINGHAM | AL | 35242 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| STACEY N WALD | ||||||||
| 2636 BLANTON CT | MARIETTA | GA | 300624839 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| KELLY N FREDETTE | ||||||||
| 1115 HAZELTINE LANE | KENNESAW | GA | 30152 | 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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $338,202 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,873 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $350,075 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $350,075 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,251 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $344,824 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,241 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $17,241 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,569 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,569 | TotalTaxAmt |
| Distributable Before Adj | $15,672 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $15,672 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $15,672 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $89,242 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $89,242 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,672 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,724,036 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,225 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,084 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,219 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $10,115 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,746,679 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $89,242 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,672 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $73,570 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,820,249 | 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 | $2,724,036 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $96,213 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,225 | ExcessFromYear4Amt |
| Excess From Year3 | $3,084 | ExcessFromYear3Amt |
| Excess From Year2 | $5,219 | ExcessFromYear2Amt |
| Excess From Year1 | $10,115 | ExcessFromYear1Amt |
| Excess From Current Year | $73,570 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL J NEWSOME | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASBURY UNITED METHODIST CHURCH | |||||||
| 6690 CAHABA VALLEY RAOD | BIRMINGHAM | AL | 35242 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $10,000 |
| ASBURY UNITED METHODIST CHURCH | |||||||
| 6690 CAHABA VALLEY RAOD | BIRMINGHAM | AL | 35242 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $5,000 |
| SAMFORD UNIVERSITY | |||||||
| 800 LAKESHORE DRIVE | BIRMINGHAM | AL | 35229 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $20,000 |
| SAMFORD UNIVERSITY | |||||||
| 800 LAKESHORE DRIVE | STANFORD | AL | 35229 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $15,000 |
| ASBURY UNITED METHODIST CHURCH | |||||||
| 6690 CAHABA VALLEY RAOD | BIRMINGHAM | AL | 35242 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $750 |
| ASBURY UNITED METHODIST CHURCH | |||||||
| 6690 CAHABA VALLEY RAOD | BIRMINGHAM | AL | 35242 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $25,000 |
| SAMFORD UNIVERSITY - VIRGIL LEDBETTER SCHOLARSHIP | |||||||
| 800 LAKESHORE DRIVE | STANFORD | AL | 35229 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $1,000 |
| ASBURY UNITED METHODIST CHURCH | |||||||
| 6690 CAHABA VALLEY RAOD | BIRMINGHAM | AL | 35242 | NONE | PUBLIC CHARITY | BENEVOLENT OFFERING | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $86,750 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,795 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,573 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,369 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,369 | 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 |
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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL NEWSOME | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3012 SHADWICK COURT | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $410,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION & ACCOUNTING | CategoryTxt |
| Amt | $300 | Amt |
| Net Investment Income | $65 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $235 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (32 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 24 ACCENTURE IRELAND | $2,583 | $9,949 |
| 54 ANALOG DEVICES | $8,469 | $9,492 |
| 31 ADP | $5,676 | $7,644 |
| 11 BLACKROCK INC | $5,670 | $10,071 |
| 65 CHEVRON CORP | $6,527 | $7,628 |
| 42 CHUBB LTD | $5,213 | $8,119 |
| 218 CISCO SYSTEMS | $9,315 | $13,815 |
| 189 COCA COLA CO | $8,931 | $11,191 |
| 117 COMCAST CORP | $4,319 | $5,889 |
| 77 EOG RESOURCES | $6,016 | $6,840 |
| 133 EXXON | $8,308 | $8,138 |
| 3,085 HIBBETT | $286,406 | $221,904 |
| 37 HOME DEPOT | $5,513 | $15,355 |
| 169 INTEL CORP | $7,116 | $8,703 |
| 80 JOHNSON & JOHNSON COM | $11,347 | $13,686 |
| 70 JP MORGAN CHASE & CO | $7,880 | $11,085 |
| 41 LINDE PLC EUR | $8,277 | $14,204 |
| 27 LOCKHEED MARTIN | $7,241 | $9,596 |
| 67 MARSH & MCLENNAN COS | $5,124 | $11,646 |
| 40 MCDONALDS | $8,119 | $10,723 |
| 100 MEDTRONIC PLC | $9,097 | $10,345 |
| 55 MICROSOFT CORP | $2,450 | $18,498 |
| 58 NEXTERA ENERGY INC | $2,534 | $5,415 |
| 72 PHILLIPS | $5,053 | $5,217 |
| 50 PROCTOR & GAMBLE | $5,180 | $8,179 |
| 105 RAYTHEON | $7,335 | $9,036 |
| 76 REPUBLIC SERVICES INC | $6,119 | $10,598 |
| 29 ROCKWELL AUTOMATION | $6,989 | $10,117 |
| 52 TEXAS INSTRUMENTS | $5,050 | $9,800 |
| 49 UNION PACIFIC CORP | $7,458 | $12,344 |
| 48 UNITED PARCEL | $8,018 | $10,288 |
| 115 VF CORP | $7,948 | $8,420 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $280 | $61 | $219 |
| UBS BROKERAGE FEES | $2,598 | $564 | $2,034 |
| POSTAGE | $5 | $1 | $4 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX COMMISSION | $103 | $0 | $0 |
| FEDERAL INCOME TAX | $41 | $0 | $0 |