EARL AND KATHRYN CONGDON FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- EARL AND KATHRYN CONGDON FAMILY FOUNDATION (EIN 47-2962822)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-04
- IRS object ID
- 202033099349100983
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-04T15:32:13-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 472962822 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Earl and Kathryn Congdon Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | EARL | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID S CONGDON | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.82.234.252 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520203095000006 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-04 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 477C46ACF28576814DDF279F7270F1EC72C6F4AB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E515D0965B869FF508796E5476410F6D857E7743 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $56,474,407 | 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 | $9,432,048 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $103,252 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $103,252 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $267,987 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $267,987 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,314,727 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $21,943,417 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $15,627,340 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $19,118,014 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $15,998,579 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $60,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $60,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $16,859 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $16,859 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $50,626 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $50,626 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $53,557 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,687 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $24,870 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $218,933 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $14,598 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $151,282 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $5,788 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $5,788 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $100,136 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $100,136 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $657,181 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $28,687 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $272,877 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,727,982 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,727,982 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,385,163 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $28,687 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,000,859 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $15,732,851 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,969,892 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,597,049 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,055,632 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,055,632 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $22,949,836 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,521,636 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $32,085,707 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $12,353,926 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $223,660 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,438,256 | LandBOYAmt |
| Land EOY | $12,130,266 | LandEOYAmt |
| Land EOYFMV | $12,333,068 | LandEOYFMVAmt |
| Total Assets BOY | $28,985,141 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,707,534 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $56,474,407 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $10,458 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $10,458 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $28,974,683 | RetainedEarningBOYAmt |
| Retained Earning EOY | $44,707,534 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,974,683 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $44,707,534 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,985,141 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $44,707,534 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,974,683 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $15,732,851 | ExcessRevenueOverExpensesAmt |
| Subtotal | $44,707,534 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $44,707,534 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $21,943,417 | GrossSalesPriceAmt |
| Cost Or Other Basis | $6,316,077 | CostOrOtherBasisAmt |
| Gain Or Loss | $15,627,340 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $15,627,340 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $15,627,340 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,590,965 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $37,903,100 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.17389 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,830,697 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $29,438,930 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.198061 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $592,569 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $23,886,262 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.024808 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $62,907 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $15,016,546 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.004189 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.400948 | TotalDistributionRt |
| Average Distribution | 0.100237 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $37,469,099 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,755,790 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $159,699 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,915,489 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,844,284 | 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 | $159,699 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $159,699 | SubtotalAmt |
| Tax Based On Investment Income | $159,699 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $256,409 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $70,426 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $326,835 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $167,136 | OverpaymentAmt |
| Applied To ES Tax | $167,136 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| Audrey L Congdon | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| David S Congdon | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Treas | 1.0 | $0 | $0 | $0 |
| Earl Congdon | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Chair, Dir | 1.0 | $0 | $0 | $0 |
| Kathryn Congdon | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Karen C Pigman | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGAN YOWELL OGLESBY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FOUNDATION SOURCE | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Foundation Person | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 25.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $60,000 | CompensationAmt |
| Employee Benefits | $11,984 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd floor | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $88,271 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $31,964,474 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,075,220 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,039,694 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,039,694 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $570,595 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $37,469,099 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,873,455 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,873,455 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $159,699 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $159,699 | TotalTaxAmt |
| Distributable Before Adj | $1,713,756 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,713,756 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,713,756 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,000,859 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $7,843,425 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $10,844,284 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $159,699 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $10,684,585 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,713,756 | DistributableAsAdjustedAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $3,341,858 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,803,826 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,145,684 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,844,284 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,713,756 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,130,528 | RemainingDistriFromCorpusAmt |
| Total Corpus | $17,276,212 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $17,276,212 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $3,341,858 | ExcessFromYear2Amt |
| Excess From Year1 | $4,803,826 | ExcessFromYear1Amt |
| Excess From Current Year | $9,130,528 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | David S Congdon | ContributingManagerNm |
| Contributing Manager | Earl Congdon | ContributingManagerNm |
| Contributing Manager | Kathryn Congdon | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COMMUNITY FOUNDATION OF GREATER GREENSBORO INC | |||||||
| 330 S GREENE ST STE 100 | GREENSBORO | NC | 27401 | N/A | PC | Charitable Event | $750 |
| HIGH POINT COMMUNITY FOUNDATION | |||||||
| PO BOX 5166 | HIGH POINT | NC | 27262 | N/A | PC | Say Yes to Education Guilford Initiative | $800,000 |
| HIGH POINT COMMUNITY FOUNDATION | |||||||
| PO BOX 5166 | HIGH POINT | NC | 27262 | N/A | PC | Dental Clinic in High Point | $35,000 |
| OPEN DOOR MINISTRIES OF HIGH POINT FOUNDATION INC | |||||||
| 908 FOREST HILL DR | HIGH POINT | NC | 27262 | N/A | SO III FI | the Foundation's pledge | $100,000 |
| SAINT MARYS EPISCOPAL CHURCH | |||||||
| 108 W FARRISS AVE | HIGH POINT | NC | 27262 | N/A | PC | Music Program Operational Funds | $120,000 |
| SCHOLARSHIP AMERICA | |||||||
| PO BOX 215 | GLYNDON | MN | 56547 | N/A | PC | 2019 Earl and Kathryn Congdon Family Foundation Scholarship fund | $457,500 |
| THE COMMUNITY CLINIC OF HIGH POINT INC | |||||||
| 779 N MAIN ST | HIGH POINT | NC | 27262 | N/A | PC | General & Unrestricted | $50,000 |
| WESTCHESTER COUNTRY DAY SCHOOL INC | |||||||
| 2045 N OLD GREENSBORO RD | HIGH POINT | NC | 27265 | N/A | PC | General & Unrestricted | $644,732 |
| YOUNG MENS CHRISTIAN ASSOCIATION OF HIGH POINT | |||||||
| PO BOX 6258 | HIGH POINT | NC | 27262 | N/A | PC | Carl Chavis Branch - Capital Campaign | $500,000 |
| YOUNG WOMENS CHRISTIAN ASSOCIATION OF HIGH POINT N | |||||||
| 155 WESTWOOD AVE | HIGH POINT | NC | 27262 | N/A | PC | Racial Equality Program | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,727,982 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103,252 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $267,987 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $9,314,727 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $9,685,966 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,685,966 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Congdon David S | |||||||
| 1 | 500 Old Dominion Way | Thomasville | NC | 27360 | $7,182,048 | Yes (X) | Yes (X) |
| Congdon Earl | |||||||
| 2 | 20 Harborage Isle Drive | Ft Lauderdale | FL | 33316 | $2,250,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (8 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | OLD DOMINION FREIGHT LINES ODFL, 20000 sh. | $2,879,000 | 2019-05-15 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 99 sh. | $19,181 | 2019-11-11 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 927 sh. | $179,602 | 2019-11-11 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 5074 sh. | $983,062 | 2019-11-11 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 99 sh. | $19,181 | 2019-11-11 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 642 sh. | $124,384 | 2019-11-11 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 100 sh. | $19,375 | 2019-11-11 |
| 1 | OLD DOMINION FREIGHT LINES ODFL, 8559 sh. | $1,658,263 | 2019-11-11 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| BLDG-410 W ENGLISH | 2018-03-31 | $3,763,634 | $72,378 | SL | 39 | $96,503 |
| BLDG IMP-410 W ENG | 2019-12-24 | $233,068 | SL | 39 | ||
| LAND-400 W ENGLISH | 2019-07-30 | $2,483,000 | L | |||
| BLDG-400 W ENGLISH | 2019-07-30 | $5,127,357 | SL | 39 | $54,779 | |
| LAND-410 W ENGLISH | 2018-03-31 | $133 | L | |||
| LAND-410 W ENGLISH | 2018-03-31 | $746,867 | L |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ANGEL OAK MULTI-STRATEGY INCOM | $199,464 | $196,438 |
| AT INCOME OPPORTUNITIES FUND I | $708,213 | $776,550 |
| ATLANTIC TRUST DISC EQTY | $499,804 | $549,788 |
| BARCLAYS ETN PLUS SELECT MLP | $150,960 | $151,300 |
| CIBC ATLAS ALL CAP GROWTH FUND | $549,239 | $536,905 |
| EDGEWOOD GROWTH FUND INSTI | $501,557 | $550,283 |
| HARDING LOEVNER INSTITUTIONAL | $254,879 | $286,893 |
| MATTHEWS PACIFIC TIGER FUND I | $262,803 | $277,309 |
| MFS INSTITUTIONAL INVESTORS TR | $209,807 | $227,400 |
| OLD DOMINION FREIGHT LINES | $15,384,910 | $26,717,418 |
| T. ROWE PRICE INSTL FLOATING R | $200,000 | $201,221 |
| VANGUARD SHORT-TERM CORPORATE | $1,000,000 | $996,842 |
| VERSUS CAPITAL MULTI MNGR REAL | $300,000 | $308,914 |
| VERSUS CAPITAL REAL ASSETS FUN | $300,000 | $308,446 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BLDG-410 W ENGLISH | $3,763,634 | $168,881 | $3,594,753 | $3,500,000 |
| BLDG IMP-410 W ENG | $233,068 | $233,068 | $233,068 | |
| LAND-400 W ENGLISH | $2,483,000 | $2,483,000 | $2,483,000 | |
| BLDG-400 W ENGLISH | $5,127,357 | $54,779 | $5,072,578 | $5,117,000 |
| LAND-410 W ENGLISH | $0 | |||
| LAND-410 W ENGLISH | $746,867 | $746,867 | $1,000,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Document Review/Drafting | $3,381 | $3,381 |
| General Consultations | $47,245 | $47,245 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $88,271 | $88,271 |
| Equipment/Furniture Purchase | $2,256 | $2,256 |
| Foundation Dues & Memberships | $750 | $750 |
| Insurance Premiums | $741 | $741 |
| OFFICE EXPENSE | $456 | $456 |
| Payroll Processing Fees | $694 | $694 |
| Postage/Delivery Service | $234 | $234 |
| State or Local Filing Fees | $25 | $25 |
| PROPERTY MAINTENANCE | $6,709 | $6,709 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $28,687 | $28,687 | |
| ENVIRONMENTAL ASSESSMENT SVCS | $7,760 | $7,760 | |
| SCHOLARSHIP MGMT SERVICES | $17,110 | $17,110 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | congdon helen | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Old Dominion Way | AddressLine1Txt |
| City | thomasville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27360 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| 990-PF Estimated Tax for 2019 | $199,700 | |
| 990-PF Extension for 2018 | $4,635 | |
| PROPERTY TAXES | $14,598 | $14,598 |