JACK AND CAROLYN FERGUSON CHARITABLE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- JACK AND CAROLYN FERGUSON CHARITABLE FOUNDATION (EIN 20-0450986)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-02
- IRS object ID
- 202043079349100204
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-02T08:02:05-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561169449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHNSON PRICE SPRINKLE PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 79 WOODFIN PLACE SUITE 300 | AddressLine1Txt |
| City | ASHEVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28801 | 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 | 200450986 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACK AND CAROLYN FERGUSON | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JACK | BusinessNameControlTxt |
| Phone | 8286671418 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 BEAVERDAM ROAD | AddressLine1Txt |
| City | CANDLER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28715 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACK FERGUSON | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 8286671418 | PhoneNum |
| Signature | 2020-10-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SOK HEANG CHENG | PreparerPersonNm |
| PTIN | P00920734 | PTIN |
| Phone | 8282542374 | PhoneNum |
| Preparation | 2020-10-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.250.241.50 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-12 | IPDt |
| IP Tm | 20:41:49 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 60B5D024593017E57DCFE2AB00B33F279BAD9F2E | 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 | $2,982,178 | 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 | $576,008 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $36,793 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $36,793 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $110,569 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $115,336 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $110,569 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $18,410 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$648 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $741,781 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $146,715 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $61,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $30,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,039 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,437 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $602 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $35 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $35 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $362 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $344 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $73,436 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $42,316 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $31,120 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $142,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $142,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $216,186 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $42,316 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $173,870 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $525,595 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $104,399 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $38,061 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $99,919 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $99,919 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $1,817 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,817 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $4,174,084 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,629,966 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,878,068 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,099 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,374 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,374 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,215,248 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,734,076 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,982,178 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,918 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $29 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,918 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29 | 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 | $4,213,330 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,734,047 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,213,330 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,734,047 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,215,248 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,734,076 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,213,330 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $525,595 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,738,925 | SubtotalAmt |
| Other Decreases | $4,878 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,734,047 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| 1250 GAIN | P | $1,076 | $1,076 | $1,076 | |
| SECURITIES | P | $87,590 | $83,167 | $83,167 | $4,423 |
| CASH MERGER CONSIDERATION | P | $25,000 | $25,000 | $25,000 | |
| 1231 LOSS | P | -$344 | -$344 | $344 | |
| CAPITAL GAINS DIVIDENDS | P | $1,670 | $1,670 | $1,670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $110,569 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $206,822 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,746,450 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.075305 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $249,026 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,092,709 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.080520 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $318,413 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,357,295 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.094842 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $319,085 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,397,287 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.093923 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $359,351 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,070,183 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.088289 | DistributionYr5Rt |
| Total Distribution | 0.432879 | TotalDistributionRt |
| Average Distribution | 0.086576 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,238,265 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $280,356 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,044 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $281,400 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $173,870 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,088 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,088 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,088 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,920 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,920 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $15 | EsPenaltyAmt |
| Overpayment | $1,817 | OverpaymentAmt |
| Applied To ES Tax | $1,817 | 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 | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLYN FERGUSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8286671418 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 BEAVERDAM ROAD | AddressLine1Txt |
| City | CANDLER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28715 | 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| JACK R FERGUSON | ||||||||
| 71 BEAVERDAM ROAD | CANDLER | NC | 28715 | PRESIDENT | 7.00 | $0 | $0 | $0 |
| CAROLYN H FERGUSON | ||||||||
| 71 BEAVERDAM ROAD | CANDLER | NC | 28715 | SECRETARY | 7.00 | $0 | $0 | $0 |
| RENEA BENNETT TURNER | ||||||||
| 116 YOUNG DRIVE | CANDLER | NC | 28715 | DIRECTOR | 3.00 | $12,000 | $0 | $0 |
| JONEL F KINSER | ||||||||
| 1924 WATERFORD VILLAGE DRIVE | CLEMMONS | NC | 27012 | DIRECTOR | 3.00 | $12,000 | $0 | $0 |
| ROBIN JACK FERGUSON | ||||||||
| 75 FAIRMONT ROAD | CANDLER | NC | 28715 | DIRECTOR | 3.00 | $12,000 | $0 | $0 |
| STEVEN RAY FERGUSON | ||||||||
| 89 FAIRMONT ROAD | CANDLER | NC | 28715 | DIRECTOR | 3.00 | $12,000 | $0 | $0 |
| AARON BENNETT | ||||||||
| 2292 N W 76 TERRACE | HOLLYWOOD | FL | 33024 | DIRECTOR | 1.00 | $4,000 | $0 | $0 |
| REVA ANN FERGUSON | ||||||||
| 1129 MARICOPA HWY 218 | OJAI | CA | 93023 | DIRECTOR | 1.00 | $4,000 | $0 | $0 |
| SCOTT KINSER | ||||||||
| 2533 DANIELS STREET | CHARLOTTE | NC | 28205 | DIRECTOR | 1.00 | $4,000 | $0 | $0 |
| MATTHEW FERGUSON | ||||||||
| 75 FAIRMONT ROAD | CANDLER | NC | 28715 | DIRECTOR | 1.00 | $1,000 | $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 | $349,233 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $60,278 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,878,068 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,287,579 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,287,579 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $49,314 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,238,265 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $161,913 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $161,913 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,088 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,088 | TotalTaxAmt |
| Distributable Before Adj | $159,825 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $159,825 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $159,825 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $173,870 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $173,870 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $173,870 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $159,825 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $158,149 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $151,849 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $154,448 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $96,443 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $73,748 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $634,637 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $173,870 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $159,825 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $14,045 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $648,682 | 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 | $158,149 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $490,533 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $151,849 | ExcessFromYear4Amt |
| Excess From Year3 | $154,448 | ExcessFromYear3Amt |
| Excess From Year2 | $96,443 | ExcessFromYear2Amt |
| Excess From Year1 | $73,748 | ExcessFromYear1Amt |
| Excess From Current Year | $14,045 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JACK R FERGUSON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ABCCM HOMINY VALLEY | |||||||
| 155 CANDLER SCHOOL RD | CANDLER | NC | 28715 | N/A | N/A | GENERAL DONATION | $70,500 |
| WNC BRIDGE FOUNDATION | |||||||
| PO BOX 25338 | ASHEVILLE | NC | 28813 | N/A | N/A | GENERAL DONATION | $10,000 |
| ENKA HIGH SCHOOL | |||||||
| 475 ENKA LAKE RD | ASHEVILLE | NC | 28715 | N/A | N/A | GENERAL DONATION | $4,500 |
| HOMINY BAPTIST CHURCH | |||||||
| 135 CANDLER SCHOOL ROAD | CANDLER | NC | 28715 | N/A | N/A | GENERAL DONATION | $22,750 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | |||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 381051942 | N/A | N/A | GENERAL DONATION | $10,000 |
| BAPTIST CHILDRENS HOME | |||||||
| PO BOX 338 | THOMASVILLE | NC | 27360 | N/A | N/A | GENERAL CONTRIBUTION | $15,000 |
| SPECIAL OLYMPICS | |||||||
| 1133 19TH STREET NW | WASHINGTON | DC | 20036 | N/A | N/A | GENERAL CONTRIBUTION | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $142,750 | 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 | $1 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,793 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $19,058 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $110,569 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| ICON FUND 15 | 14 | -$641 |
| OTHER | 14 | -$7 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $165,773 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $165,773 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JACK AND CAROLYN FERGUSON | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 BEAVERDAM ROAD | AddressLine1Txt |
| City | CANDLER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28715 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $576,008 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING & TAX PREP | CategoryTxt |
| Amt | $12,039 | Amt |
| Net Investment Income | $11,437 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $602 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| HARTFORD INSURANCE 1955316 | AT COST | $3,358,080 | $1,583,440 |
| ICON CAPITAL CORP | AT COST | $3,986 | $6,462 |
| GRIFFIN CAPITAL ESSENTIAL ASSET E | AT COST | $192,782 | $191,449 |
| STEADFAST INCOME REIT | AT COST | $200,000 | $183,594 |
| TERRA SECURED INCOME FUND | AT COST | $174,297 | $150,219 |
| GRIFFIN AMERICAN HEALTHCARE REIT | AT COST | $80,000 | $75,200 |
| GRIFFIN INSTL ACCESS REAL ESTATE | AT COST | $250,010 | $244,678 |
| LOWES STOCK | AT COST | $0 | $137,724 |
| CARTER VALIDUS MC REIT II CLASS A | AT COST | $170,812 | $101,227 |
| GLADSTONE LD CORP PFD SERIES B 6% | AT COST | $199,999 | $204,075 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDENDS RECEIVABLE | Desc |
| BOY Book Value | $3,099 | BOYBookValueAmt |
| EOY Book Value | $2,374 | EOYBookValueAmt |
| EOYFMV | $2,374 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FEDERAL INCOME TAX | $4,863 |
| PENALTIES | $15 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK FEES | Desc |
| Revenue And Expenses Per Books | $362 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $344 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $18 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| NON DIVIDEND DISTRIBUTIONS | $19,058 | $0 | $19,058 |
| ICON FUND 15 | -$641 | -$641 | -$641 |
| OTHER | -$7 | -$7 | -$7 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| OTHER LIABILITIES | $14 | $14 |
| STATE TAXES PAYABLE | $79 | $0 |
| FEDERAL TAXES PAYABLE | $1,825 | $15 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACK FERGUSON | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 BEAVERDAM ROAD | AddressLine1Txt |
| City | CANDLER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28715 | ZIPCd |