ROBERT H SPILMAN AND JANE BASSETT SPILMAN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT H SPILMAN AND JANE BASSETT SPILMAN FOUNDATION (EIN 51-2147293)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-14
- IRS object ID
- 202001969349102155
- Schema version
- 2019v5.1
- 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 Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-14T17:11:34-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540565834 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL WIGGINS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 FLANK ROAD | AddressLine1Txt |
| City | PETERSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 238059152 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 512147293 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT H & JANE BASSETT | BusinessNameLine1Txt |
| Business Name Line2 | SPILMAN FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 3365747500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 GREEN VALLEY ROAD NO 300 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MRS JANE B SPILMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3365747500 | PhoneNum |
| Signature | 2020-07-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM A YOUNG JR CPA | PreparerPersonNm |
| PTIN | P00074605 | PTIN |
| Phone | 8047335566 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $811,266 | 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 | $748 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $748 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $16,560 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,560 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,331 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $133,330 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $27,331 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $427 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $427 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $45,066 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $45,066 | 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 | $8,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,563 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,187 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,768 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,743 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $25 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,854 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $272 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,394 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,578 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,212 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $35,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $35,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,894 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,578 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $37,712 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,828 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $34,488 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $0 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $23,211 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $21,524 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $21,524 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $39,448 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $94,043 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $94,294 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $399,955 | CorporateStockBOYAmt |
| Corporate Stock EOY | $340,244 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $695,448 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $462,614 | TotalAssetsBOYAmt |
| Total Assets EOY | $455,811 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $811,266 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $477 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $502 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $477 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $502 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $462,137 | CapitalStockBOYAmt |
| Capital Stock EOY | $455,309 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $462,137 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $455,309 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $462,614 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $455,811 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $462,137 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,828 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $455,309 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $455,309 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 20 SHARES INTERNATIONAL BUSINESS MACHS | P | 2018-05-01 | 2019-02-28 | $2,763 | $2,893 | -$130 | -$130 |
| CASH IN LIEU-L3HARRIS TECHNOLOGIES INC | P | 2019-07-10 | 2019-07-10 | $167 | $167 | $167 | |
| CASH IN LIEU-ALCON INC ORD SHS | P | 2019-04-11 | 2019-04-11 | $11 | $11 | $11 | |
| 30 SHARES DOMINION ENERGY INC | P | 2017-02-02 | 2019-08-22 | $2,308 | $2,154 | $154 | $154 |
| 390 SHARES HANESBRANDS INC | P | 2016-12-30 | 2019-11-04 | $6,154 | $8,412 | -$2,258 | -$2,258 |
| 2 SHARES INTERNATIONAL BUSINESS MACHS | P | 2017-05-16 | 2019-02-28 | $276 | $308 | -$32 | -$32 |
| 35 SHARES PHILLIP MORRIS INTL INC | P | 2018-05-01 | 2019-12-06 | $2,917 | $2,838 | $79 | $79 |
| 115 SHARES ABBVIE INC | P | 2008-10-06 | 2019-11-04 | $9,533 | $3,351 | $6,182 | $6,182 |
| 1 SHARE ALPHABET INC CAP STK CL C | P | 2008-10-01 | 2019-12-06 | $1,340 | $207 | $1,133 | $1,133 |
| 1 SHARE ALPHABET INC CAP STK CL A | P | 2008-10-01 | 2019-12-06 | $1,338 | $206 | $1,132 | $1,132 |
| 10 SHARES AMERICAN TOWER CORP NEW REIT | P | 2010-01-26 | 2019-08-22 | $2,272 | $428 | $1,844 | $1,844 |
| 4 SHARES AUTOZONE INC | P | 2008-10-01 | 2019-08-22 | $4,344 | $492 | $3,852 | $3,852 |
| 630.011 SHARES EATON VANCE GLOBAL MACRO ABSOLUTE RET FD CL A | P | 2010-01-05 | 2019-08-22 | $5,500 | $6,154 | -$654 | -$654 |
| 337.107 SHARES EATON VANCE GLOBAL MACRO ABSOLUTE RET FD CL A | P | 2010-01-05 | 2019-08-22 | $2,943 | $3,293 | -$350 | -$350 |
| 223 SHARES ENBRIDGE INC | P | 2008-10-01 | 2019-06-12 | $7,651 | $5,264 | $2,387 | $2,387 |
| 63 SHARES INTERNATIONAL BUSINESS MACHS | P | 2008-10-09 | 2019-02-28 | $8,704 | $5,820 | $2,884 | $2,884 |
| 5 SHARES L3HARRIS TECHNOLOGIES INC | P | 2008-10-01 | 2019-08-22 | $1,070 | $363 | $707 | $707 |
| 622 SHARES LORD ABBETT INVT TR FLTG RATE FD CL A | P | 2010-07-20 | 2019-08-22 | $5,500 | $5,681 | -$181 | -$181 |
| 1953.877 SHARES LORD ABBETT INVT TR FLTG RATE FD CL A | P | 2010-07-20 | 2019-09-12 | $17,272 | $17,819 | -$547 | -$547 |
| 19 SHARES MICROSOFT CORP | P | 2008-10-01 | 2019-08-22 | $2,638 | $506 | $2,132 | $2,132 |
| 111 SHARES NOVARTIS A G SPONSORED ADR | P | 2008-10-01 | 2019-11-04 | $9,767 | $5,229 | $4,538 | $4,538 |
| 55 SHARES PHILIP MORRIS INTL INC | P | 2008-10-01 | 2019-11-04 | $4,595 | $2,749 | $1,846 | $1,846 |
| 65 SHARES PHILIP MORRIS INTL INC | P | 2008-10-01 | 2019-12-06 | $5,417 | $3,249 | $2,168 | $2,168 |
| 22 SHARES ALCON INC | P | 2008-10-01 | 2019-08-22 | $1,329 | $698 | $631 | $631 |
| 10,000 SHARES US TREAS BILLS B/E DUE 04/04/19 | P | 2018-10-10 | 2019-04-03 | $9,999 | $9,885 | $114 | $114 |
| 240 SHARES HANESBRANDS INC | P | 2018-05-01 | 2019-11-04 | $3,787 | $4,248 | -$461 | -$461 |
| 1308.951 SHARES EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FD CL A | P | 2010-03-05 | 2019-08-22 | $11,427 | $12,852 | -$1,425 | -$1,425 |
| 20 SHARES ENBRIDGE INC | P | 2008-10-06 | 2019-06-12 | $686 | $409 | $277 | $277 |
| 24 SHARES ENBRIDGE INC | P | 2008-10-14 | 2019-06-12 | $823 | $491 | $332 | $332 |
| CAPITAL GAINS DIVIDENDS | P | $799 | $799 | $799 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $27,331 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $33,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $711,930 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047055 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $33,705 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $681,088 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049487 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $32,046 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $625,972 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051194 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $29,526 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $617,037 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047851 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $23,500 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $602,405 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.039010 | DistributionYr5Rt |
| Total Distribution | 0.234597 | TotalDistributionRt |
| Average Distribution | 0.046919 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $754,849 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $35,417 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $345 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $35,762 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $37,712 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $345 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $345 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $345 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $800 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $800 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $455 | OverpaymentAmt |
| Applied To ES Tax | $455 | 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 | VA | 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 | OPPENHEIMER CO | IndividualWithBooksNm |
| Phone | 3365747500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 GREEN VALLEY ROAD SUITE 300 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | 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 |
|---|---|---|---|---|---|---|---|---|
| JANE B SPILMAN | ||||||||
| 967 DOVER FARM ROAD | MANAKINSABOT | VA | 23103 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| VANCE H SPILMAN | ||||||||
| 5417 CARY STREET ROAD | RICHMOND | VA | 23226 | VICE PRESIDENT | 0.20 | $0 | $0 | $0 |
| VIRGINIA S PERRIN | ||||||||
| 955 DOVER FARM ROAD | MANAKINSABOT | VA | 23103 | VICE PRESIDENT | 0.20 | $0 | $0 | $0 |
| ROBERT H SPILMAN JR | ||||||||
| 310 PLANTATION ROAD | MARTINSVILLE | VA | 24112 | VICE PRESIDENT | 0.20 | $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 | $744,484 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $21,860 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $766,344 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $766,344 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,495 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $754,849 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $37,742 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $37,742 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $345 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $345 | TotalTaxAmt |
| Distributable Before Adj | $37,397 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $37,397 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $37,397 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $37,712 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $37,712 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $345 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $37,367 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $37,397 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $28,257 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $37,712 | QualifyingDistributionsAmt |
| Applied To Year1 | $28,257 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,455 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $27,942 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| SHELTERING ARMS FOUNDATION | ||||||
| 140 EAST SHORE DRIVE SUITE 200 | GLEN ALLEN | VA | 23059 | NONE | CHARITABLE GRANTS | $25,000 |
| CHRIST EPISCOPAL CHURCH | ||||||
| 311 EAST CHURCH STREET | MARTINSVILLE | VA | 24112 | NONE | CHARITABLE GRANTS | $2,500 |
| AMERICAN CANOE ASSOCIATION | ||||||
| 503 SOPHIA STREET SUITE 100 | FREDERICKSBURG | VA | 22401 | NONE | CHARITABLE GRANTS | $3,000 |
| HENRY COUNTY FURNITURE MUSEUM INC | ||||||
| PO BOX 626 | BASSETT | VA | 24055 | NONE | CHARITABLE GRANTS | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $35,500 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $748 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,560 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $427 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $27,331 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $45,066 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $45,066 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $8,750 | Amt |
| Net Investment Income | $6,563 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,187 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EQUITIES - COMMON STOCK | $262,936 | $611,437 |
| MUTUAL FUNDS - OPENED END FUNDS | $77,308 | $84,011 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $94,043 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $94,294 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PENALTY | Desc |
| Revenue And Expenses Per Books | $22 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME-OPPENHEIMER | Desc |
| Revenue And Expenses Per Books | $427 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $427 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $427 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY BASIS ADJUSTMENT | $477 | $477 |
| DUE TO OFFICERS | $0 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $3,743 | $3,743 | $0 |
| SCC FEES | $25 | $0 | $25 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $272 | $272 | $0 |
| FEDERAL INCOME TAXES | $3,582 | $0 | $0 |