STONE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- STONE FOUNDATION (EIN 45-2571353)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-03-17
- IRS object ID
- 202110769349100501
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-17T08:52:27-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560571159 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD ROBINSON & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 194 W PARK CIRCLE | AddressLine1Txt |
| City | NORTH WILKESBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28659 | 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 | 452571353 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE STONE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STON | BusinessNameControlTxt |
| Phone | 3369038965 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 149 PARTRIDGE LANE | AddressLine1Txt |
| City | WILKESBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28697 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LARRY D STONE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3369038965 | PhoneNum |
| Signature | 2021-03-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LARRY | PersonFirstNm |
| Person Last | STONE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAREY DAVID MCCLURE | PreparerPersonNm |
| PTIN | P01220271 | PTIN |
| Phone | 3368387077 | PhoneNum |
| Preparation | 2021-03-09 | PreparationDt |
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 | $2,048,824 | 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 | $275,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $601 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $601 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $26,761 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $26,761 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $66,265 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,097,444 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $66,265 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $368,627 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $93,627 | 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 | $1,650 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,650 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $20,044 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $20,044 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $859 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $859 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $22,553 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,553 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $348,798 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $348,798 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $371,351 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,553 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $348,798 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,724 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $71,074 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,700 | CashBOYAmt |
| Cash EOY | $26,786 | CashEOYAmt |
| Cash EOYFMV | $26,786 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $97,124 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $81,146 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $81,146 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $880,088 | CorporateStockBOYAmt |
| Corporate Stock EOY | $815,314 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,159,219 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $375,032 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $446,757 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $471,816 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $301,794 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $283,546 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $309,857 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,656,738 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,653,549 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,048,824 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,656,738 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,653,549 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,656,738 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,653,549 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,656,738 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,653,549 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,656,738 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,724 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,654,014 | SubtotalAmt |
| Other Decreases | $465 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,653,549 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (19 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ALPHA SIMPLX GLOBAL ALTV-Y | P | 2014-10-28 | 2020-05-29 | $37,433 | $39,435 | -$2,002 | -$2,002 |
| BLACKROCK GL L/S CREDIT | P | 2019-08-30 | 2020-10-02 | $38,853 | $40,000 | -$1,147 | -$1,147 |
| BOSTON P LNG/SHRT RES-INC | P | 2014-10-14 | 2020-05-29 | $56,390 | $61,626 | -$5,236 | -$5,236 |
| COHEN & STEER PR SEC | P | 2019-08-30 | 2020-07-13 | $13,000 | $13,482 | -$482 | -$482 |
| DRIEHAUS ACTIVE INC FND | P | 2013-08-22 | 2020-03-10 | $34,043 | $40,311 | -$6,268 | -$6,268 |
| EATON VANCE FLOAT RATE | P | 2013-05-24 | 2020-05-29 | $17,378 | $19,579 | -$2,201 | -$2,201 |
| FEDERATED STRAT VAL DIV | P | 2013-04-10 | 2020-03-12 | $121,487 | $127,511 | -$6,024 | -$6,024 |
| INVESCO EMERG MRKTS SOV | P | 2019-08-30 | 2020-03-16 | $30,743 | $37,617 | -$6,874 | -$6,874 |
| ISHARES CORE S&P | P | 2014-10-28 | 2020-07-14 | $113,271 | $71,086 | $42,185 | $42,185 |
| ISHARES RUSSELL | P | 2014-10-28 | 2020-07-14 | $118,419 | $64,444 | $53,975 | $53,975 |
| JPMORGAN MID CAP VALUE | P | 2014-10-14 | 2020-05-29 | $59,345 | $58,441 | $904 | $904 |
| LOOMIS SAYLES BOND FUND | P | 2020-05-28 | 2020-07-13 | $35,804 | $35,000 | $804 | $804 |
| MONDRIAN INTL VAL EQTY FUND | P | 2015-01-27 | 2020-05-29 | $59,923 | $69,308 | -$9,385 | -$9,385 |
| PIMCO HIGH YIELD FUND | P | 2019-08-30 | 2020-05-29 | $57,107 | $60,000 | -$2,893 | -$2,893 |
| TCW EMRG MKTS INCOME | P | 2019-08-30 | 2020-05-29 | $33,593 | $37,500 | -$3,907 | -$3,907 |
| TORTOISE MLP & PIPELINE | P | 2019-10-30 | 2020-07-13 | $27,727 | $39,547 | -$11,820 | -$11,820 |
| VANGUARD FTSE EMRG MKTS | P | 2014-04-10 | 2020-03-24 | $142,526 | $180,685 | -$38,159 | -$38,159 |
| VANGUARD REAL ESTATE ETF | P | 2014-10-14 | 2020-10-05 | $41,560 | $35,607 | $5,953 | $5,953 |
| WELLS FARGO BANK, N.A. | P | $58,842 | $58,842 | $58,842 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $66,265 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $988 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $988 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $988 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $10 | EsPenaltyAmt |
| Tax Due | $998 | 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 | LARRY D STONE | IndividualWithBooksNm |
| Phone | 3369038965 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 149 PARTRIDGE LANE | AddressLine1Txt |
| City | WILKESBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28697 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| LARRY D STONE | ||||||||
| 149 PARTRIDGE LANE | WILKESBORO | NC | 28697 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| DIANE A STONE | ||||||||
| 149 PARTRIDGE LANE | WILKESBORO | NC | 28697 | SECRETARY | 0.00 | $0 | $0 | $0 |
| LARRY D STONE JR | ||||||||
| 1889 BRADSHAW BLVD | COOKEVILLE | TN | 385066001 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| CHRIS D STONE | ||||||||
| 799 OLDE CHARTER CIRCLE | JEFFERSON | NC | 28640 | 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 | THE FOUNDATION MAKES CHARITABLE CONTRIBUTIONS TO QUALIFIED PUBLIC CHARITABLE ORGANIZATIONS. CONTRIBUTIONS WERE MADE TO 25 SUCH ORGANIZATIONS IN 2020 (PART XV). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $1,899,014 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $103,877 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,002,891 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,002,891 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $30,043 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,972,848 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $98,642 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $98,642 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $988 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $988 | TotalTaxAmt |
| Distributable Before Adj | $97,654 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $97,654 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $97,654 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $348,798 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $348,798 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $348,798 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $97,654 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $70,433 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,046 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $75,479 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $348,798 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $97,654 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $251,144 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $326,623 | 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 | $326,623 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $70,433 | ExcessFromYear2Amt |
| Excess From Year1 | $5,046 | ExcessFromYear1Amt |
| Excess From Current Year | $251,144 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| APPALACHIAN STATE UNIVERSITY FNDN | |||||
| ASU BOX 32007 | BOONE | NC | 28608 | UNRESTRICTED | $5,000 |
| WEST WILKES HIGH SCHOOL | |||||
| 613 CHERRY STREET | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $1,000 |
| SAMARITANS KITCHEN | |||||
| PO BOX 1072 | WILKESBORO | NC | 28697 | UNRESTRICTED | $1,000 |
| SAMARITANS PURSE | |||||
| PO BOX 3000 | BOONE | NC | 28607 | UNRESTRICTED | $3,000 |
| WAW SCHOLARSHIP ENDOWMENT | |||||
| PO BOX 1565 | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $1,000 |
| WCC ENDOWMENT | |||||
| PO BOX 120 | WILKESBORO | NC | 28697 | UNRESTRICTED | $13,315 |
| WILKES ADAP INC | |||||
| PO BOX 968 | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $500 |
| WILKES COUNTY HALL OF FAME | |||||
| 613 CHERRY STREET | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $800 |
| WILKES COUNTY SCHOOLS | |||||
| 613 CHERRY STREET | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $287,683 |
| WILKES EDUCATIONAL FOUNDATION | |||||
| 613 CHERRY STREET | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $500 |
| WILKES FAMILY YMCA | |||||
| 1801 YMCA BLVD | WILKESBORO | NC | 28697 | UNRESTRICTED | $5,000 |
| WILKES MINISTRY OF HOPE | |||||
| 514 ELKIN HIGHWAY | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $3,800 |
| WILKES PRISON MINISTRY | |||||
| PO BOX 253 | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $200 |
| WINGATE UNIVERSITY | |||||
| 315 E WILSON ST | WINGATE | NC | 28174 | UNRESTRICTED | $1,500 |
| WILKES RECOVERY REVOLUTION | |||||
| PO BOX 893 | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $500 |
| ASHE COUNTY SHARING CENTER FOOD PANTRIES | |||||
| PO BOX 705 | JEFFERSON | NC | 28640 | UNRESTRICTED | $2,000 |
| WILKES DENTAL CONSORTIUM | |||||
| 1915 WEST PARK DR SUITE 104 | NORTH WILKESBORO | NC | 28659 | UNRESTRICTED | $1,000 |
| FRIENDS OF THE BAXTER DEPOT | |||||
| PO BOX 2508 | BAXTER | TN | 38544 | UNRESTRICTED | $20,000 |
| WALK BY FAITH CHRISTIAN CAMP | |||||
| 5390 MOUNTAIN VIEW RD | HAYS | NC | 28635 | KHOWELL9286 - 02/02/21 03:15PM WORKSHEET PRIVATE FOUNDATION | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $348,798 | 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) |
|---|---|---|
| Related Or Exempt Function Incm | $601 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $26,761 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $66,265 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $93,627 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $93,627 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| LARRY D STONE | ||||||
| 1 | 149 PARTRIDGE LANE | WILKESBORO | NC | 28697 | $175,000 | Yes (X) |
| LOWE'S CHARITABLE EDUCATIONAL FOUNDATION | ||||||
| 2 | 100 LOWES BOULEVARD | MOORESVILLE | NC | 28117 | $100,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $1,650 | Amt |
| Net Investment Income | $1,650 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COHEN & STEERS PREFERRED SECURITIES & INCOME FUND | $41,518 | $43,432 |
| DODGE & COX INCOME FD | $125,695 | $133,250 |
| METROPOLITAN WEST TOTAL RET BD | $89,641 | $92,315 |
| ISHARES JP MORGAN USD EMERGING | $79,903 | $85,773 |
| VANGUARD HIGH YIELD CORPORATE FUND ADMIRAL | $110,000 | $117,046 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ARTISAN SMALL CAP FUND CLASS INS | $110,000 | $151,843 |
| HARBOR CAP APPRECIATION | $90,130 | $192,855 |
| ISHARES RUSSELL 2000 | $32,391 | $84,290 |
| ARTISAN INTL FUND #662 | $74,666 | $87,537 |
| ISHARES CORE S&P 500 | $61,427 | $118,998 |
| ARTISAN MID CAP FUND CLASS INS | $100,000 | $110,455 |
| ISHARES MSCI USA MIN VOL | $176,346 | $201,264 |
| ISHARES MSCI ACWI ETF | $60,354 | $75,570 |
| PRINCIPAL MIDCAP FUND | $110,000 | $136,407 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ISHARES GOLD TRUST | AT COST | $54,410 | $62,259 |
| ABBEY CAPITAL FUTURES STRATEGY FUND | AT COST | $40,000 | $40,847 |
| NEUBERGER BERMAN L/S FUND | AT COST | $60,000 | $67,111 |
| PIMCO CREDIT OPPORTUNITIES BOND FUND | AT COST | $45,000 | $45,894 |
| LAZARD GLOBAL LISTED INFRASTRUCTURE | AT COST | $50,000 | $51,521 |
| POWERSHARES DB OPTIMUM YIELD | AT COST | $34,136 | $42,225 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2019 EXCISE TAX | Desc |
| Amt | $465 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT EXPENSES | Desc |
| Revenue And Expenses Per Books | $859 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $859 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES - WELLS FARGO | CategoryTxt |
| Amt | $20,044 | Amt |
| Net Investment Income | $20,044 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |