FRANKLIN-SOUTHAMPTON CHARITIES: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FRANKLIN-SOUTHAMPTON CHARITIES (EIN 31-1613116)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-05
- IRS object ID
- 202103099349102000
- Schema version
- 2020v4.0
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-05T15:47:33-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 200221868 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARNES BROCK CORNWELL & PAINTER PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 536 | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 238511722 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311613116 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANKLIN SOUTHAMPTON CHARITIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 7575691611 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 276 | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23851 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM A PEAK | PersonNm |
| Person Title | VICE CHAIRMAN | PersonTitleTxt |
| Phone | 7575691611 | PhoneNum |
| Signature | 2021-11-03 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM A | PersonFirstNm |
| Person Last | PEAK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM A PEAK CPA | PreparerPersonNm |
| PTIN | P00334383 | PTIN |
| Phone | 7575698101 | PhoneNum |
| Preparation | 2021-11-05 | PreparationDt |
| 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 | $37,779,580 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $552,352 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $552,352 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $552,352 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,665,380 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,027,598 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,665,380 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $283,797 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $491,124 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $491,124 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $491,124 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,708,856 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,708,856 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,327,273 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $18,582 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $9,291 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $9,291 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,422 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $711 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $711 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $713 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $143 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $570 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,680 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,720 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $85,670 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $19,435 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $66,235 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $51,683 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,659 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $66 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $66 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $7,707 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $3,853 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $3,854 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $194 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $97 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $97 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $116,242 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $92,723 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $22,396 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $295,679 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $142,658 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $113,874 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,501,435 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,501,435 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,797,114 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $142,658 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,615,309 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $911,742 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,566,198 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,327,273 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $146,327 | CashBOYAmt |
| Cash EOY | $1,170,305 | CashEOYAmt |
| Cash EOYFMV | $1,170,377 | CashEOYFMVAmt |
| Corporate Stock BOY | $33,855,546 | CorporateStockBOYAmt |
| Corporate Stock EOY | $35,815,266 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $36,590,219 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,984 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,852 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $198 | LandBOYAmt |
| Land EOY | $132 | LandEOYAmt |
| Land EOYFMV | $18,984 | LandEOYFMVAmt |
| Total Assets BOY | $34,002,071 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,985,703 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,779,580 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $408,123 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $429,124 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $408,123 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $429,124 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $33,593,948 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $36,556,579 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,593,948 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,556,579 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $34,002,071 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $36,985,703 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,593,948 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $911,742 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,050,889 | OtherIncreasesAmt |
| Subtotal | $36,556,579 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $36,556,579 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PASS THRU FROM KABOUTER INTL OPP FD | P | $6,437 | -$6,437 | -$6,437 | |||
| PASS THRU FROM SSR 1-3 YR CREDIT | P | $58,030 | $58,030 | $58,030 | |||
| PASS THRU FROM RWC EMERGING MKTS | P | $295,607 | $295,607 | $295,607 | |||
| PASS THRU FROM SS MSCI EMERGING MKTS | P | $79,448 | $79,448 | $79,448 | |||
| PASS THRU FROM 1607 CAPITAL INTL EQ | P | $13 | -$13 | -$13 | |||
| PASS THRU FROM SSR 1000 INDEX | P | $2,862 | -$2,862 | -$2,862 | |||
| PASS THRU FROM SSR 1-3 YR CREDIT | P | $2,170 | -$2,170 | -$2,170 | |||
| PASS THRU FROM SS MSCI EMERGING MKTS | P | $330 | -$330 | -$330 | |||
| 214 SH IVA FUNDS | P | $3,546 | $2 | $2 | $3,548 | 2020-12-16 | 2020-12-31 |
| PASS THRU FROM KABOUTER INTL OPP FD | P | $12,816 | $12,816 | $12,816 | |||
| PASS THRU FROM RWC EMERGING MKTS | P | $95,798 | -$95,798 | -$95,798 | |||
| PASS THRU FROM 1607 CAPITAL EQ FD | P | $25,375 | -$25,375 | -$25,375 | |||
| 43582.67 SH IVA FUNDS | P | $736,362 | -$13,761 | -$13,761 | $722,601 | 2020-12-31 | |
| 68633.20 SH IVA FUNDS | P | $1,137,973 | -$6,846 | -$6,846 | $1,131,127 | ||
| 211.65 SH MFS FUNDS | P | $6,337 | $6,337 | $6,337 | |||
| 18091.36 SH MFS FUNDS | P | $351,352 | $48,648 | $48,648 | $400,000 | 2020-03-27 | |
| PASS THRU FROM SSR 1000 INDEX | P | $1,318,084 | $1,318,084 | $1,318,084 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,665,380 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $283,797 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,670 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,670 | SubtotalAmt |
| Tax Based On Investment Income | $35,670 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $740 | EsPenaltyAmt |
| Tax Due | $36,410 | 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 | VA | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 7575691611 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 403 1/2 NORTH MAIN STREET | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23851 | 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 |
| 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|
| WILLIAM A PEAK | ||||||||
| PO BOX 536 | FRANKLIN | VA | 23851 | VICE CHAIRMA | 1.00 | $0 | $0 | $0 |
| E WARREN BEALE JR | ||||||||
| PO BOX 67 | FRANKLIN | VA | 23851 | CHAIRMAN | 1.00 | $0 | $0 | $0 |
| G ELLIOTT COBB JR | ||||||||
| PO BOX 775 | FRANKLIN | VA | 23851 | SECRETARY | 1.00 | $0 | $0 | $0 |
| ELLIOTT WHITFIELD | ||||||||
| PO BOX 354 | FRANKLIN | VA | 23851 | TREASURER | 1.00 | $0 | $0 | $0 |
| GLENN BIDWELL JR MD | ||||||||
| 31369 WILLOW LANE | FRANKLIN | VA | 23851 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| ELLIS COFIELD JR | ||||||||
| 28329 PRETLOW STREET | FRANKLIN | VA | 23851 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| ERNEST CLAUD JR | ||||||||
| PO BOX 141 | CAPRON | VA | 23829 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| ANITA T FELTS | ||||||||
| 17527 JOHNSONS MILL ROAD | SEDLEY | VA | 23878 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| WILLIAM L HOLT | ||||||||
| PO BOX 775 | FRANKLIN | VA | 23851 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| WILLIAM H HOWELL | ||||||||
| 28089 HANDSOM ROAD | FRANKLIN | VA | 23851 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MARSHAL RABIL | ||||||||
| 213 MEADOW LANE | FRANKLIN | VA | 23851 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| WESTBROOK J PARKER | ||||||||
| 108 CRESCENT | FRANKLIN | VA | 23851 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE ASSOCIATES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SUMMER STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021102112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVEST MANAGERS | ServiceTypeTxt |
| Compensation | $78,000 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $34,335,128 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $655,281 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $34,990,409 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $34,990,409 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $524,856 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $34,465,553 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,723,278 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,723,278 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,670 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,670 | TotalTaxAmt |
| Distributable Before Adj | $1,687,608 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,687,608 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,687,608 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,615,309 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,615,309 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,615,309 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,687,608 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,376,793 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,615,309 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,376,793 | AppliedToYear1Amt |
| Applied To Current Year | $238,516 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,449,092 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MELODY F TAYLOE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 276 | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23851 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7575691611 | RecipientPhoneNum |
| Form And Info And Materials | SEE ATTACHMENT B | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | ONLY 501(C)(3) ORGANIZATIONS | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED LISTING | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 276 | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23851 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $1,501,435 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,501,435 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $552,352 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,665,380 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| SWAPS, SECT 1256, 988 AND | 14 | |
| OTHER INCOME (LOSS) | 14 | $491,056 |
| MISCELLANEOUS INCOME | 14 | $68 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,708,856 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,708,856 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLD HOSPITAL CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | COMMTY HOSPITAL | OrganizationTypeDesc |
| Relationship Description | SHARE COMMON OFFICERS/DIRECTORS | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CAVANAUGH, NELSON & CO PLC | $8,100 | $1,620 | $6,480 |
| BARNES, BROCK, CORNWELL & PAINTE | $4,800 | $960 | $3,840 |
| ACCOUNTING FEES - OTHER | $500 | $100 | $400 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (15 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2000-10-25 | $4,409 | $4,409 | S/L | 7.0000 | ||
| DESK CHAIR | 2000-11-28 | $959 | $959 | S/L | 7.0000 | ||
| 4 GUEST CHAIRS, RECEP TABLE | 2001-02-13 | $2,179 | $2,179 | S/L | 7.0000 | ||
| SEC CHAIR, 2 CHAIR PADS | 2001-02-06 | $278 | $278 | S/L | 7.0000 | ||
| JR. REFRIGERATOR | 2001-02-20 | $261 | $261 | S/L | 7.0000 | ||
| DICTAPHONE EQUIPMENT | 2001-06-12 | $695 | $695 | S/L | 5.0000 | ||
| FAX MACHINE | 2001-02-13 | $172 | $172 | S/L | 5.0000 | ||
| TYPEWRITER | 2001-02-13 | $84 | $84 | S/L | 5.0000 | ||
| OFFICE PHONES | 2001-02-06 | $146 | $146 | S/L | 5.0000 | ||
| CANON IR 210 COPIER | 2001-01-29 | $6,113 | $6,113 | S/L | 5.0000 | ||
| COMPUTER | 2002-02-20 | $1,417 | $1,417 | S/L | 5.0000 | ||
| DELL COMPUTER | 2005-10-11 | $1,000 | $1,000 | S/L | 6.0000 | ||
| DESKTOP MONITOR | 2014-04-22 | $753 | $753 | S/L | 5.0000 | ||
| PAPER SHREDDER | 2015-01-20 | $201 | $198 | S/L | 5.0000 | $3 | $3 |
| PRINTER | 2018-02-13 | $316 | $121 | S/L | 5.0000 | $63 | $63 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STATE STREET RUSSELL | $18,373,020 | $18,373,023 |
| IVA FUNDS | ||
| 1607 CAPITAL INTL EQUITY FUND | $5,121,590 | $5,121,590 |
| HARVEST FUNDS | $2,851,500 | $2,536,816 |
| MFS FUNDS | $1,914,829 | $3,004,463 |
| KABOUTER INTL | $1,635,878 | $1,635,878 |
| RWC | $1,699,348 | $1,699,348 |
| IRIDIAN EQUITY | $2,219,101 | $2,219,101 |
| MAVERICK LONG ENHANCED, LTD | $2,000,000 | $2,000,000 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FIXED ASSETS | CategoryOrItemTxt |
| Cost Or Other Basis | $18,984 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $18,852 | AccumulatedDepreciationAmt |
| Book Value | $132 | BookValueAmt |
| EOYFMV | $18,984 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $713 | LegalFeesAmt |
| Net Investment Income | $143 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $570 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| TELEPHONE | $2,018 | $1,009 | $1,009 |
| POSTAGE | $722 | $361 | $361 |
| OFFICE SUPPLIES | $615 | $307 | $308 |
| BANK CHARGES | $345 | $172 | $173 |
| DEDUCTIONS FROM PORTFOLIO INC | $70,329 | $70,329 | |
| COMPUTER EXPENSE | $980 | $490 | $490 |
| INSURANCE | $40,110 | $20,055 | $20,055 |
| NON-DEDUCTIBLE | $1,123 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME (LOSS) | $491,056 | $491,056 | $491,056 |
| MISCELLANEOUS INCOME | $68 | $68 | $68 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $2,050,889 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO OLD HOSPITAL CORP. | $389,997 | $389,997 |
| PAYROLL TAXES PAYABLE | $1,282 | $1,103 |
| EXCISE TAX PAYABLE | $16,844 | $38,024 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $7,670 | $3,835 | $3,835 |
| OTHER CONSULTANTS | $78,000 | $15,600 | $62,400 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES | $38,024 | |
| FOREIGN TAXES | $13,659 | $13,659 |