2021-04-12T20:26:43-05:00 2020-06-30 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2019-07-01 201398786 TCF REAL ESTATE FOUNDATION INC TCFR 9194748370 PO BOX 12729 DURHAM NC 27709 LORI O'KEEFE PRESIDENT & CEO 9194748370 2021-04-08 1 YONG ZHANG CPA P01249785 7033366400 2021-04-08 2019 2022-09-23 18:48:47Z DOUG COOK PO BOX 12729 DURHAM NC 27709 97779 0 X N/A X 2004 NC THE TCF REAL ESTATE FOUNDATION IS A SUPPORTING ORGANIZATION OF TRIANGLE COMMUNITY FOUNDATION 7 7 0 7 0 0 0 0 0 0 2666 7779 0 0 2666 7779 63453 0 0 0 0 0 0 0 0 34730 19744 98183 19744 -95517 -11965 2562686 2486058 3783 120 2558903 2485938 THE TCF REAL ESTATE FOUNDATION IS ORGANIZED TO RECEIVE, MANAGE, AND SELL GIFTS OF REAL ESTATE, THE PROCEEDS OF WHICH ARE GRANTED TO TRIANGLE COMMUNITY FOUNDATION TO SUPPORT PHILANTHROPIC ACTIVITIES. 0 0 0 0 0 THE TCF REAL ESTATE FOUNDATION IS ORGANIZED TO SUPPORT THE TRIANGLE COMMUNITY FOUNDATION BY RECEIVING, MANAGING, AND SELLING GIFTS OF REAL ESTATE. PROCEEDS OF THE SALES ARE GRANTED TO TRIANGLE COMMUNITY FOUNDATION TO SUPPORT PHILANTHROPIC ACTIVITIES. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ROBERT NAYLOR 9194748370 PO BOX 12729 DURHAM NC 27709 X DOUG COOK CHAIR 2.00 X X 0 0 0 VIJAY K SHAH VICE CHAIR 0.50 X X 0 0 0 CAROL HAYDEN BOARD MEMBER 0.50 X 0 0 0 ROBERT CHAPMAN BOARD MEMBER 0.50 X 0 0 0 ROBIN M HAMMOND BOARD MEMBER 0.50 X 0 0 0 KAREN LADO BOARD MEMBER 0.50 X 0 0 0 MAURICE MALFATTI BOARD MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 7779 7779 90000 90000 0 0 7779 0 0 7779 2824 2824 OTHER EXPENSES 16920 16920 19744 0 19744 0 39973 43167 2600 3250 120913 101441 2842700 504500 2399200 2338200 2562686 2486058 3783 120 3783 120 X 2558903 2485938 2558903 2485938 2562686 2486058 X -11965 -61000 X X 0 1 X 1 0 X X 1 TRIANGLE COMMUNITY FOUNDATION 561380796 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2338200 2338200 504500 504500 0 2338200 X 37435152 37337373 37337373 97779 -90000 -90000 7779 32204940 32185196 32185196 19744 0 19744 PART X, LINE 2: MANAGEMENT EVALUATED THE TAX POSITIONS OF THE FOUNDATION AND ITS AFFILIATED SUPPORTING ORGANIZATIONS AND CONCLUDED THAT THE FOUNDATION AND ITS AFFILIATED SUPPORTING ORGANIZATIONS HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC. PART XI, LINE 2D - OTHER ADJUSTMENTS: DURHAM ARTS COUNCIL FUND REVENUE INCLUDED IN CONSOLIDATED FINANCIALS -720. TRIANGLE COMMUNITY FOUNDATION REVENUE INCLUDED IN CONSOLIDATED FINANCIALS 37,399,093. DECREASE IN REAL ESTATE FMV -61,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN PART VIII -90,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN PART VIII 90,000. DURHAM ARTS COUNCIL FUND EXPENSES INCLUDED IN CONSOLIDATED FINANCIALS 30,052. TRIANGLE COMMUNITY FOUNDATION EXPENSES INCLUDED IN CONSOLIDATED FINANCIALS 32,065,144. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS EMAILED TO EACH OF THE MEMBERS FOR THEIR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BOARD MEMBERS AND EMPLOYEES REVIEW THE CONFLICT OF INTEREST POLICY AND ANNUALLY ATTEST THAT THEY HAD NO CONFLICTS, OR DOCUMENT POTENTIAL CONFLICTS. THEY ALSO SIGN THE WHISTLEBLOWER POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS OPEN TO PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: DECREASE IN RE FMV -61,000. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. DURHAM ARTS COUNCIL ENDOWMENT FUND PO BOX 12729 DURHAM NC 27709 561826969 TO PROVIDE A PERMANENTLY ENDOWED SOURCE OF FUNDS TO A COMMUNITY ARTS PROGRAM NC 501(C)(3) LINE 12A, I TRIANGLE COMMUNITY FOUNDATION 0 TRIANGLE COMMUNITY FOUNDATION PO BOX 12729 DURHAM NC 27709 561380796 PROMOTES AND EXPANDS PHILANTHROPY NC 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0