CHILDTRUST FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: CHILDTRUST FOUNDATION (EIN 20-0477249)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-05-14
IRS object ID: 202141349349102914
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
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-14T16:41:49-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	561750124	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BATCHELOR TILLERY & ROBERTS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3605 GLENWOOD AVENUE SUITE 350	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27612	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	200477249	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHILDTRUST FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CHIL	BusinessNameControlTxt
Phone	9197819310	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	801 N WEST STREET	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27603	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	EASTER A MAYNARD	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	9197819310	PhoneNum
Signature	2021-05-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	EASTER	PersonFirstNm
Person Last	MAYNARD	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARTHA L REGISTER-FUTRELL	PreparerPersonNm
PTIN	P01373521	PTIN
Phone	9197878212	PhoneNum

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	$24,678,275	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$264	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$264	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$220,685	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$220,685	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,520,483	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,498,261	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,520,483	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$664	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$25	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,742,096	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,741,457	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	$5,377	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$4,033	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,344	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$2,205	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$24,027	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$4,599	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$0	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$0	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$13,832	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$8,832	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$50,040	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$12,865	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,344	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,358,250	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,488,250	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,408,290	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$12,865	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,489,594	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$333,806	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,728,592	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$317,922	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,437,384	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,437,384	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl BOY	$2,926	AcctRcvblBOYAmt
Prepaid Expenses EOY	$22,973	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$22,973	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$1,499,980	CorporateStockBOYAmt
Corporate Stock EOY	$0	CorporateStockEOYAmt
Corporate Stock EOYFMV	$0	CorporateStockEOYFMVAmt
Other Investments BOY	$16,692,715	OtherInvestmentsBOYAmt
Other Investments EOY	$17,119,065	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$23,217,918	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$18,513,543	TotalAssetsBOYAmt
Total Assets EOY	$18,579,422	TotalAssetsEOYAmt
Total Assets EOYFMV	$24,678,275	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$137,927	AccountsPayableBOYAmt
Grants Payable BOY	$210,000	GrantsPayableBOYAmt
Grants Payable EOY	$80,000	GrantsPayableEOYAmt
Total Liabilities BOY	$347,927	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$80,000	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$18,165,616	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$18,499,422	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$18,165,616	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$18,499,422	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$18,513,543	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$18,579,422	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$18,165,616	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$333,806	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$18,499,422	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$18,499,422	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
PUBLICLY TRADED SECURITIES	$1,498,261	$1,499,980	-$1,719	-$1,719
FROM PASS-THROUGH-FINANCIAL ASCENT			$1,522,202	$1,522,202	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,520,483	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$24,027	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$24,027	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$24,027	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$47,000	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	$47,000	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$22,973	OverpaymentAmt
Applied To ES Tax	$22,973	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	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	INVESTORS MANAGEMENT CORP	IndividualWithBooksNm
Phone	9196537499	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	801 N WEST STREET	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27603	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	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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 (5 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
JAMES H MAYNARD
801 N WEST STREET	RALEIGH	NC	27603	PRESIDENT	1.00	$0	$0	$0
EASTER A MAYNARD
801 N WEST STREET	RALEIGH	NC	27603	VICE PRESIDENT	5.00	$0	$0	$0
RICHARD A URQUHART III
801 N WEST STREET	RALEIGH	NC	27603	TREASURER	1.00	$0	$0	$0
RONALD M BARBEE
801 N WEST STREET	RALEIGH	NC	27603	SECRETARY	3.00	$0	$0	$0
THEODORE M FOWLER
801 N WEST STREET	RALEIGH	NC	27603	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	$250,021	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,058,398	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$21,352,019	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$22,660,438	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$22,660,438	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$339,907	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$22,320,531	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,116,027	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,116,027	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$24,027	TaxBasedOnInvestmentIncomeAmt
Total Tax	$24,027	TotalTaxAmt
Distributable Before Adj	$1,092,000	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,092,000	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,092,000	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,489,594	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,489,594	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$1,489,594	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,092,000	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$243,626	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$742,168	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$349,199	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$271,232	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$302,254	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$1,908,479	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,489,594	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,092,000	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$397,594	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$2,306,073	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	$243,626	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$2,062,447	ExcessDistriCyovToNextYrAmt
Excess From Year4	$742,168	ExcessFromYear4Amt
Excess From Year3	$349,199	ExcessFromYear3Amt
Excess From Year2	$271,232	ExcessFromYear2Amt
Excess From Year1	$302,254	ExcessFromYear1Amt
Excess From Current Year	$397,594	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
BOOK HARVEST
2501 UNIVERSITY DRIVE	DURHAM	NC	27707	PC	TO SUPPORT THE RANDOMIZED TRIAL EVALUATION OF THE BOOK BABIES HOME VISITING PROGRAM	$10,000
BOYS AND GIRLS CLUB OF COASTAL CAROLINA
621 W FIRE TOWER ROAD	WINTERVILLE	NC	28590	PC	DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES	$75,000
BOYS AND GIRLS CLUB OF WAKE COUNTY INC
721 NORTH RALEIGH BOULEVARD	RALEIGH	NC	27610	PC	DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES	$35,000
CAMP CORRAL
5151 GLENWOOD AVENUE	RALEIGH	NC	27612	PC	PROVIDE MEANINGFUL CAMP EXPERIENCES FOR MILITARY CHILDREN	$250,000
CENTER FOR CHILD & FAMILY HEALTH
1121 W CHAPEL HILL ST STE 100	DURHAM	NC	27701	PC	TO REDUCE THE IMPACT OF CHILD TRAUMATIC STRESS ON CHILDREN AND FAMILIES	$2,750
CHILD CARE SERVICES ASSOCIATION
PO BOX 901	CHAPEL HILL	NC	27514	PC	TO SUPPORT CHILD CARE PROGRAMS DURING THE PANDEMIC AND FOR ONGOING EFFORTS TO ENSURE AFFORDABLE, ACCESSIBLE, HIGH QUALITY CHILD CARE FOR ALL FAMILIES THROUGH RESEARCH, SERVICES AND ADVOCACY	$11,000
DOWN EAST PARTNERSHIP FOR CHILDREN
215 LEXINGTON STREET	ROCKY MOUNT	NC	27802	PC	TO LAUNCH EVERY CHILD AS A HEALTHY, LIFELONG LEARNER BY THE END OF THIRD GRADE	$20,000
EDUCATION NC
POST OFFICE BOX 1636	RALEIGH	NC	27602	PC	EXPAND EDUCATIONAL OPPORTUNITIES FOR ALL CHILDREN IN NORTH CAROLINA	$125,000
FAMILIES TOGETHER
PO BOX 14395	RALEIGH	NC	27620	PC	MOVING FAMILIES IN WAKE AND SURROUNDING COUNTIES FROM HOMELESSNESS TO STABLE HOMES THROUGH MENTORING, HOUSING SUPPORT AND CONNECTION TO COMMUNITY RESOURCES	$1,500
FAYETTEVILLE STATE UNIVERSITY FOUNDATION INC
1200 MURCHISON ROAD	FAYETTEVILLE	NC	28301	PC	TO SUPPORT IMPLEMENTATION OF A VIRTUAL AND ON-CAMPUS READING SUPPORT SYSTEM FOR K-5 STUDENTS AND THEIR FAMILIES IN PARTNERSHIP WITH HELPS EDUCATION FUND AND UNIVERSITY STUDENTS IN THE COLLEGE OF EDUCATION	$36,000
HELPS EDUCATION FUND
PO BOX 51537	DURHAM	NC	27717	PC	TO PROVIDE HELPS LITERACY TUTORING PROGRAM TRAINING, COACHING AND COORDINATION IN WAKE AND CUMBERLAND COUNTIES	$35,000
KIDZNOTES
1309 HALLEY STREET	DURHAM	NC	27707	PC	MUSIC PROGRAM THAT ENGAGES STUDENTS PRE-KINDERGARTEN - 12TH GRADE	$25,000
METHODIST HOME FOR CHILDREN
1041 WASHINGTON STREET	RALEIGH	NC	276051259	PC	TO PROVIDE HOPE AND SKILLS CHILDREN AND FAMILIES NEED TO BUILD HEALTHY, SELF-SUFFICIENT AND PRODUCTIVE LIVES	$10,000
NC BUSINESS LEADERS FOR EDUCATION
100 SAS CAMPUS DRIVE BUILDING T	CARY	NC	27513	PC	TO IMPROVE NORTH CAROLINA'S EDUCATION SYSTEM THROUGH POLICY AND ADVOCACY	$20,000
NC CHILD
3109 POPLARWOOD COURT SUITE 300	RALEIGH	NC	27604	PC	ENSURE CHILDREN HAVE ACCESS TO HEALTH CARE AND EDUCATION	$60,000
NC EARLY CHILDHOOD FOUNDATION
907 GLENWOOD AVENUE	RALEIGH	NC	27605	PC	TO MARSHAL NORTH CAROLINA'S GREAT PEOPLE, IDEAS AND ACHIEVEMENTS TO BUILD A FOUNDATION OF OPPORTUNITY AND SUCCESS FOR EVERY CHILD BY THE END OF THIRD GRADE	$120,000
NC RESTAURANT & LODGING ASSOCIATION FOUNDATION
222 NORTH PERSON STREET SUITE 210	RALEIGH	NC	27601	PC	ENHANCE THE HOSPITALITY INDUSTRY'S SERVICE TO THE PUBLIC THROUGH EDUCATION, COMMUNITY ENGAGEMENT AND PROMOTION OF CAREER OPPORTUNITIES	$10,000
NORTH CAROLINA HEALTHCARE FOUNDATION
2400 WESTON PARKWAY	CARY	NC	27513	PC	PARTNERING WITH LOCALLY OWNED RESTAURANTS IN COMMUNITIES ACROSS NC TO PROVIDE MEALS TO HEALTHCARE HEROES WHO ARE ON THE FRONT LINES CARING FOR PATIENTS AND COMMUNITIES IN THIS PANDEMIC	$1,000
NURSE FAMILY PARTNERSHIP
10 SUNNYBROOK ROAD	RALEIGH	NC	27610	PC	REGISTERED NURSES SUPPORT FIRST-TIME MOTHERS	$25,000
PREVENT CHILD ABUSE NC INC
3716 NATIONAL DRIVE SUITE 118	RALEIGH	NC	27612	PC	PREVENT ABUSE AND NEGLECT OF OUR NATION'S CHILDREN	$60,000
PUBLIC SCHOOL FORUM OF NC INC
3739 NATIONAL DRIVE SUITE 100	RALEIGH	NC	27612	PC	SHAPE A WORLD-CLASS PUBLIC EDUCATION	$100,000
REACH OUT AND READ INC
89 SOUTH STREET	BOSTON	MA	02111	PC	INCORPORATES BOOKS INTO PEDIATRIC CARE & ENCOURAGES FAMILIES TO READ ALOUD TOGETHER	$75,000
READ AND FEED
193 HIGH HOUSE ROAD	CARY	NC	27512	PC	STRENGTHEN LITERACY SKILLS AMONG UNDER-SERVED ELEMENTARY SCHOOL CHILDREN AND PROVIDE MEALS IN A NURTURING NEIGHBORHOOD ENVIRONMENT	$28,000
SAFECHILD
864 WEST MORGAN STREET	RALEIGH	NC	27603	PC	TO LEAD THE ADVERSE CHILDHOOD EVENTS (ACES) RESILIENCE PROJECT IN WAKE COUNTY AND IMPLEMENT STRATEGIES WITH INITIATIVE PARTNERS TO PREVENT ACES	$40,000
SCHOOLS THAT LEAD INC
219 OHIO AVENUE	WILMINGTON	DE	19805	PC	TO BRING EDUCATORS TOGETHER IN COLLECTIVE ACTION TO SOLVE PROBLEMS OF PRACTICE IDENTIFIED IN RESEARCH TO ACCELERATE IMPROVEMENT ACROSS NETWORKS OF SCHOOLS	$105,000
SIMPLY GIRLS INCORPORATED
406 WEST BROAD STREET	DUNN	NC	28334	PC	INSPIRING ALL GIRLS TO BE SMART, HEALTHY, STRONG, BOLD AND PROUD	$5,000
STANLY COMMUNITY COLLEGE FOUNDATION INC
141 COLLEGE DRIVE	ALBEMARLE	NC	28001	PC	FOR TRAUMA INFORMED TRAINING DEVELOPMENT	$8,000
STATE OF NORTH CAROLINA OFFICE OF STATE BUDGET AND MANAGEMENT
20320 MAIL SERVICE CENTER	RALEIGH	NC	276990320	PC	TO HIRE A NEW PHILANTRHOPY LIASION TO STRENGTHEN AND INSTITUTIONALIZE RELATIONSHIPS BETWEEN PHILANTHROPY AND STATE GOVERNMENT	$10,000
STEP UP MINISTRY
1701 OBERLIN ROAD	RALEIGH	NC	27608	PC	TRANSFORMING PEOPLES LIVES THROUGH EMPLOYMENT AND LIFE SKILLS TRAINING	$50,000
TEACH FOR AMERICA INC
324 BLACKWELL STREET BAY 11 SUITE	DURHAM	NC	27701	PC	TEACHERS FOR UNDER-RESOURCED SCHOOLS	$45,000	1160
THE DANIEL CENTER FOR MATH & SCIENCE
735 ROCK QUARRY ROAD	RALEIGH	NC	27610	PC	TO MAKE A SUBSTANTIAL ACADEMIC DIFFERENCE IN THE LIVES OF AT-RISK YOUTH	$15,000
THE NORTH CAROLINA PARTNERSHIP FOR CHILDREN
1100 WAKE FOREST ROAD	RALEIGH	NC	27604	PC	USING EDUCATION, LITERACY, HEALTH AND FAMILY SUPPORT TO ENSURE CHILDREN ARE READY TO SUCCEED, LEAD PRODUCTIVE LIVES AND CONTRIBUTE TO A STRONG, VIBRANT NORTH CAROLINA	$15,000
WAKE EDUCATION PARTNERSHIP
706 HILLSBOROUGH STREET SUITE A	RALEIGH	NC	27603	PC	COLLABORATE THE COMMUNITY WITH THE WAKE COUNTY PUBLIC SCHOOL FORUM	$30,000
YMCA OF THE TRIANGLE
801 CORPORATE CENTER DRIVE SUITE	RALEIGH	NC	27607	PC	PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD SPIRIT, MIND, AND BODY	$30,000	200

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,488,250	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BOOK HARVEST
2501 UNIVERSITY DRIVE	DURHAM	NC	27707	PC	PROVIDE BOOKS AND ONGOING LITERACY SUPPORT TO FAMILIES AND THEIR CHILDREN	$40,000
NC EARLY CHILDHOOD FOUNDATION
907 GLENWOOD AVENUE	RALEIGH	NC	27605	PC	TO MARSHAL NORTH CAROLINA'S GREAT PEOPLE, IDEAS AND ACHIEVEMENTS TO BUILD A FOUNDATION OF OPPORTUNITY AND SUCCESS FOR EVERY CHILD BY THE END OF THIRD GRADE	$30,000
STATE OF NORTH CAROLINA OFFICE OF STATE BUDGET AND MANAGEMENT
20320 MAIL SERVICE CENTER	RALEIGH	NC	276990320	PC	TO HIRE A NEW PHILANTHROPY LIASION TO STRENGTHEN AND INSTITUTIONALIZE RELATIONSHIPS BETWEEN PHILANTHROPY AND STATE GOVERNMENT	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$80,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$264	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$220,685	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	01	ExclusionCd
Exclusion	$664	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,520,483	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,742,096	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,742,096	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	TAX PREPARATION FEES	CategoryTxt
Amt	$5,377	Amt
Net Investment Income	$4,033	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,344	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	FINANCIAL ASCENT TE LIMITED PARTNERSHIP	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$17,119,065	BookValueAmt
EOYFMV	$23,217,918	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FINANCIAL ASCENT TE LMTD PRTNR	$8,832	$8,832	$0
FUNDING COLLABORATIVE	$5,000	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
SECURITIES SETTLEMENT	$25	$25	$25
REFUND OF 2019 EXPENSE	$639	$0	$639

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	GRANT ASSISTANCE ORG DUES	CategoryTxt
Amt	$2,205	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAX	CategoryTxt
Amt	$24,027	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt