JOHN G B JR & JANE R ELLISON FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- JOHN G B JR & JANE R ELLISON FAMILY FOUNDATION INC (EIN 56-1981120)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-09
- IRS object ID
- 202113139349100946
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Cash Deemed Charitable Expln Stmt
- Expln Of Non Filing With AG Stmt
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-09T12:24:33-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561981120 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The John G B Jr and Jane R Ellison | BusinessNameLine1Txt |
| Business Name Line2 | Family Foundation Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 3362758565 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 29027 | AddressLine1Txt |
| City | Greensboro | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 274299027 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Elaine M Roberts | PersonNm |
| Person Title | Assistant Secretary | PersonTitleTxt |
| Phone | 3363340024 | PhoneNum |
| Signature | 2021-11-09 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Elaine | PersonFirstNm |
| Person Last | Roberts | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
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 | 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 | $18,742,508 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $343 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $343 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $322,543 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $322,543 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,320,288 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,365,104 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $9,320,288 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $79 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,643,253 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,643,174 | 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 | $7,685 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $49,296 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $109,851 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | -$106,473 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $166,832 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | -$106,473 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,032,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,032,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,198,932 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | -$106,473 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,032,100 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,444,321 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,749,647 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,650,741 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,277,227 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,277,227 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $5,181 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $35,080 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $5,181 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $5,181 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments BOY | $5,603,832 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,307,230 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,460,100 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,289,653 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,589,638 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,742,508 | 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 | $17,289,653 | RetainedEarningBOYAmt |
| Retained Earning EOY | $15,589,638 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,289,653 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,589,638 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,289,653 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,589,638 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,289,653 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,444,321 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,733,974 | SubtotalAmt |
| Other Decreases | $8,144,336 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,589,638 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PIMCO Short Asset Fund - PAIDX | P | 2019-07-19 | 2020-04-06 | $1,686,010 | $1,706,026 | -$20,016 | -$20,016 |
| JD.com Inc. Class A-132,447 shs | P | 2012-11-01 | 2020-06-22 | $7,786,487 | $129,926 | $7,656,561 | $7,656,561 |
| Pelaton Inc. Class A-22,620 shs | P | 2014-12-05 | 2020-06-22 | $1,188,676 | $131,977 | $1,056,699 | $1,056,699 |
| PIMCO Short Asset Fund - PAIDX | P | 2019-09-13 | 2020-11-05 | $2,313,972 | $2,314,325 | -$353 | -$353 |
| Redfin Corporation-6,005 shs | P | 2017-05-04 | 2020-06-22 | $222,596 | $45,588 | $177,008 | $177,008 |
| Vanguart Total World Stk ETF-28,000 shs | P | 2019-02-13 | 2020-06-22 | $2,101,409 | $2,000,651 | $100,758 | $100,758 |
| StoneCo Ltd Class A-1,728,000 shs | P | 2014-07-21 | 2020-06-22 | $65,954 | $3,283 | $62,671 | $62,671 |
| Gain on P.E. Global Select III liquidation | P | 2006-01-31 | 2020-12-31 | $286,960 | $286,960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $9,320,288 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $135,520 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $135,520 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $135,520 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $60,762 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $65,867 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $126,629 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $8,891 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | 0 | 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 | Elaine Roberts | IndividualWithBooksNm |
| Phone | 3362108518 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 Westmount Court | AddressLine1Txt |
| City | Greensboro | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27410 | 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 |
|---|---|---|---|---|---|---|---|---|
| John G B Ellison Jr | ||||||||
| 1001 Country Club Drive | Greensboro | NC | 27408 | President, Treasurer | 1.00 | $0 | $0 | $0 |
| Jane R Ellison | ||||||||
| 1 Kensett Lane | Darien | CT | 06820 | Secretary | 0.00 | $0 | $0 | $0 |
| Elaine M Roberts | ||||||||
| 10 Westmount Court | Greensboro | NC | 27410 | Assistant Secretary | 1.00 | $0 | $0 | $0 |
| Elizabeth M Ellison | ||||||||
| 2230 Nottingham Avenue | Los Angeles | CA | 900271033 | Executive Director | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $10,869,934 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,341,915 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,211,849 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,211,849 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,225,000 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,986,849 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $199,342 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $199,342 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $135,520 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $135,520 | TotalTaxAmt |
| Distributable Before Adj | $63,822 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $63,822 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $63,822 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,032,100 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,032,100 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,032,100 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $63,822 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $782,532 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,341,368 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $83,427 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $455,885 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,178,998 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,842,210 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,032,100 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $63,822 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,968,278 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,810,488 | 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 | $782,532 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,027,956 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,341,368 | ExcessFromYear4Amt |
| Excess From Year3 | $83,427 | ExcessFromYear3Amt |
| Excess From Year2 | $455,885 | ExcessFromYear2Amt |
| Excess From Year1 | $1,178,998 | ExcessFromYear1Amt |
| Excess From Current Year | $2,968,278 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | John G B Ellison Jr | ContributingManagerNm |
| Contributing Manager | Elizabeth M Ellison | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Bob Barker Marionette Theater | |||||||
| 4949 York Blvd | Los Angeles | CA | 90042 | N/A | POF | To introduce children in underserved communities to theatre and the arts | $5,000 |
| Community Foundation-DA Freeman Artists Fund | |||||||
| 330 S Greene Street Suite 1 | Greensboro | NC | 27401 | N/A | PF | To support local artists | $10,000 |
| Community Foundation-Tanger Performin Arts Center | |||||||
| 330 S Greene Street Suite 1 | Greensboro | NC | 27401 | N/A | Supporting Organizat | To support the building of a performing arts center in Greensboro, NC | $40,000 |
| Everyday Zen Foundation | |||||||
| 431 Belvedere | San Francisco | CA | 94117 | N/A | POF | To support the study and practice of Zen Budhism | $15,000 |
| Family Service of the Piedmont | |||||||
| 315 E Washington Street | Greensboro | NC | 27401 | N/A | POF | To support individuals and families facing critical hardships involving domestic violence, child abuse, mental health and financial stability | $10,000 |
| Juvenile Diabetes Research Foundation | |||||||
| 216 West Market Street Ste B | Greensboro | NC | 27401 | N/A | Supporting Organizat | To support research in the treatment and prevention of juvenille diabetes | $100,000 |
| Ready for School Ready for Life | |||||||
| 1416 Yanceyville Road | Greensboro | NC | 27405 | N/A | POF | To support intigrative programs for families from the family planning stage and prenatal through to beginning school | $35,000 |
| Society of the Cincinnati | |||||||
| 2118 Massachusetts Ave | Washington | DC | 20008 | N/A | POF | To support preservation of Revolutionary War artifacts and history, as well as educational outreach of The Society | $500 |
| Step Up Greensboro | |||||||
| 707 N Greene Street | Greensboro | NC | 27401 | N/A | POF | To help disadvantaged individuals gain entry into the workforce | $10,600 |
| UNC-CH Ackland Art Museum | |||||||
| PO Box 3400 | Chapel Hill | NC | 27599 | N/A | Supporting Organizat | To support operations of the Ackland Art Museum on the camput of UNC-CH | $1,500,000 |
| UNC-CH Foundation - Chancellor's Fund | |||||||
| PO Box 309 | Chapel Hill | NC | 275140309 | N/A | Supporting Organizat | To support quality higher education | $100,000 |
| UNC-CH Foundation Faculty Excellence Fund | |||||||
| PO Box 309 | Chapel Hill | NC | 275140309 | N/A | PC | To support quality higher eduction | $1,000,000 |
| UNC-CH Foundtion - OneCarolina | |||||||
| PO Box 309 | Chapel Hill | NC | 275140309 | N/A | Supporting Organizat | To support the efforts of the UNC-CH Development Office | $1,000 |
| VES Baseball | |||||||
| 400 VES Road | Lynchburg | VA | 24503 | N/A | POF | To support the baseball program at Virginia Episcopal School | $5,000 |
| Virginai Episcopal School | |||||||
| 400 VES Road | Lynchburg | VA | 24503 | N/A | POF | To support quality secondary education | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,032,100 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Community Foundation-Allen Jay Middle School | |||||||
| 330 S Greene Street Suite 1 | Greensboro | NC | 27401 | N/A | PF | To support a Kipp-type program at Allen Jay Middle School in High Point, NC | $250,000 |
| Friends School of Wilmington | |||||||
| 350 Peiffer Campus | Wilmington | NC | 28409 | N/A | POF | To support quality primary education | $100,000 |
| Higher Education Works | |||||||
| PO Box 10463 | Raleigh | NC | 27605 | N/A | Supporting Organizat | To support quality, affordable higher education in North Carolina | $6,000 |
| JDRF Piedmont Triad Chapter | |||||||
| 216 West Market Street Ste B | Greensboro | NC | 27401 | N/A | Supporting Organizat | To support research for curing Type 1 diabetes | $10,000 |
| Ready for School Ready for Life | |||||||
| 1416 Yanceyville Road | Greensboro | NC | 27405 | N/A | POF | To support intigrative programs for families from the family planning and prenatal stages through to beginning school | $105,000 |
| Salvation Army of Greensboro - Boys & Girls Club | |||||||
| 1311 S Eugene Street | Greensboro | NC | 27403 | N/A | PC | To support a variety of programs for youth | $50,000 |
| UNC-CH Foundation - Faculty Excellence Fund | |||||||
| PO Box 309 | Chapel Hill | NC | 275140309 | N/A | Supporting Organizat | To support efforts to attract quality faculty at UNC-CH | $7,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $7,521,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $343 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $322,543 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $9,320,288 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBI Reported on Form 990T | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $79 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $79 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,643,174 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,643,253 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal and Accounting | CategoryTxt |
| Amt | $7,685 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | Cash and other assets are being held for the following future and multi-year pledges:Community Foundation AJMS Donor Advised Fund . . . . . . . 250,000Friends School of Wilmington, NC . . . . . . . . . . . . . 100,000Higher Education Works . . . . . . . . . . . . . . . . 20,000 Ready for School Ready for Life. . . . . . . . . . . . . . 140,000 The Salvation Army of Greensboro Boys & Girls Club . . . . 50,000Community Foundation Tanger Performing Arts Center . . . . 40,000UNC-CH 10-Year Major Giving Pledge . . . . . . . . . . . 8,000,000JDRF Piedmont Triad Chapter . . . . . . . . . . . . . . . 100,000UNC-CH Ackland Art Museum . . . . . . . . . . . . . . . 1,500,000Other minimally anticipated grants for 2020 . . . . . . . . 25,000___________________________________________________________________ Total Cash Deemed Held for Charitable Purposes . . . . 10,225,000 | ShortExplanationTxt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | The organization is not required to file with the state Attorney General, because it does not engage in any fundraising acitivities. | ExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Real Estate Global Ops | AT COST | $217,249 | $9,310 |
| Tiger Global PIP V, LP | AT COST | $105,406 | $646,872 |
| Tiger Global PIP VII, LP | AT COST | $755,630 | $2,126,482 |
| Tiger Global PIP VIII, LP | AT COST | $877,922 | $1,906,257 |
| Tiger Global PIP VIII Hldg, LP | AT COST | $50,416 | $0 |
| Tiger Global PIP XII, LP | AT COST | $1,300,607 | $1,771,179 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Book Differences from Pass-Through Entities | $2 |
| Unrealized Investment Gains (Losses) | $8,144,334 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank Fees | $2,874 | $0 | $0 |
| Miscellaneous | $504 | $0 | $0 |
| Losses from Passthrough Entities | $106,473 | -$106,473 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBI Reported on Form 990T | Desc |
| Revenue And Expenses Per Books | $79 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $79 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal Estimated Tax Paid on NII | $35,000 | $0 | $0 |
| Federal Estimated Tax Paid on UBTI | $10,000 | $0 | $0 |
| Foreign Taxes Paid through Partnership Interests | $145 | $0 | $0 |
| NC Taxes Paid on UBTI | $3,500 | $0 | $0 |
| Federal Tax Paid on 2018 NII | $515 | $0 | $0 |
| Federal Tax Paid on 2018 UBTI | $136 | $0 | $0 |