EARL AND KATHRYN CONGDON FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- EARL AND KATHRYN CONGDON FAMILY FOUNDATION (EIN 47-2962822)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201923199349106037
- Schema version
- 2018v3.1
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T21:19:06-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-11-15 | 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 | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520193195000148 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 70AA59F2BE43B178611149847D763A183DD9022D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F918FA13D55F880E614DC26F361234281A536502 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $37,087,393 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $43,315 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $43,315 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $282,234 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $282,234 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $1,380 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,380 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$87,542 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $2,744,131 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,346,660 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,099,671 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,071,060 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,426,600 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $10,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $10,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,996 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,996 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $22,093 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $22,093 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,850 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $58,340 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $25,756 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $32,584 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $100,400 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $72,378 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $3,160 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $3,160 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $88,222 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $88,222 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $358,439 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,756 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $159,905 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,974,434 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,974,434 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,332,873 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,756 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,134,339 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $738,187 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,400,844 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,250,311 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,597,049 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,597,049 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $22,986,185 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,949,836 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,990,344 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,510,634 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $72,378 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $4,438,256 | LandEOYAmt |
| Land EOYFMV | $4,500,000 | LandEOYFMVAmt |
| Total Assets BOY | $28,236,496 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,985,141 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,087,393 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $10,458 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,458 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $28,236,496 | RetainedEarningBOYAmt |
| Retained Earning EOY | $28,974,683 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,236,496 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $28,974,683 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,236,496 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,985,141 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,236,496 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $738,187 | ExcessRevenueOverExpensesAmt |
| Subtotal | $28,974,683 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $28,974,683 | 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 | $6,346,660 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,246,989 | CostOrOtherBasisAmt |
| Gain Or Loss | $5,099,671 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $5,099,671 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,099,671 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,830,697 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $29,438,930 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.198061 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $592,569 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,886,262 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.024808 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $62,907 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $15,016,546 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.004189 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $0 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $0 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.0 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.227058 | TotalDistributionRt |
| Average Distribution | 0.075686 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $37,903,100 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,868,734 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $54,008 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,922,742 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $6,644,973 | 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 | $54,008 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $54,008 | SubtotalAmt |
| Tax Based On Investment Income | $54,008 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $106,082 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $4,635 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $110,717 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $56,709 | OverpaymentAmt |
| Applied To ES Tax | $56,709 | 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 | false | 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 | false | 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 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 | $86,744 | 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 | $35,772,124 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,708,181 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,480,305 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,480,305 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $577,205 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $37,903,100 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,895,155 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,895,155 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $54,008 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $54,008 | TotalTaxAmt |
| Distributable Before Adj | $1,841,147 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,841,147 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,841,147 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,134,339 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $4,510,634 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $6,644,973 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $54,008 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,590,965 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,841,147 | DistributableAsAdjustedAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $3,341,858 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,341,858 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,644,973 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,841,147 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,803,826 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,145,684 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $8,145,684 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $3,341,858 | ExcessFromYear1Amt |
| Excess From Current Year | $4,803,826 | 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 (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HELPING HANDS HIGH POINT | |||||||
| 2301 S MAIN ST | HIGH POINT | NC | 27263 | N/A | PC | Charitable Event | $30,000 |
| HIGH POINT COMMUNITY FOUNDATION | |||||||
| PO BOX 5166 | HIGH POINT | NC | 27262 | N/A | PC | Greater High Point Food Alliance | $40,000 |
| 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 |
| SCHOLARSHIP AMERICA INC | |||||||
| 1 SCHOLARSHIP WAY | ST PETER | MN | 56082 | N/A | PC | 2018 Earl and Kathryn Family Foundation Scholarship fund | $365,600 |
| THE COMMUNITY CLINIC OF HIGH POINT INC | |||||||
| PO BOX 5607 | HIGH POINT | NC | 27262 | N/A | PC | General & Unrestricted | $50,000 |
| WESTCHESTER ACADEMY INC | |||||||
| 2045 N OLD GREENSBORO RD | HIGH POINT | NC | 27265 | N/A | PC | the Foundation's pledge to the Westchester forward campaign | $1,388,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,974,434 | 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 | $43,315 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $282,234 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$87,542 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,744,131 | 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 | $2,982,138 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,982,138 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Amt | $1,850 | Amt |
| Disbursements Charitable Prps | $1,850 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|
| BLDG-410 W ENGLISH | 2018-03-31 | $3,763,634 | SL | 39 | $72,378 |
| LAND - 410 W ENGLI | 2018-03-31 | $747,000 | L |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ANGEL OAK MULTI-STRATEGY INCOM | $1,349,733 | $1,324,541 |
| AT INCOME OPPORTUNITIES FUND I | $1,062,738 | $1,047,242 |
| ATLANTIC TRUST DISC EQTY | $650,561 | $686,728 |
| BARCLAYS ETN PLUS SELECT MLP | $251,123 | $222,955 |
| ISHARE SP SMALL CAP 600 INDEX | $151,064 | $153,197 |
| ISHARES S&P 500 INDEX FD | $547,888 | $611,412 |
| ISHARES TRUST RUSSELL MIDCAP I | $339,860 | $349,530 |
| IVA INTERNATIONAL FUND CLASS I | $137,558 | $122,150 |
| MATTHEWS PACIFIC TIGER FUND I | $207,446 | $192,728 |
| MFS INSTITUTIONAL INVESTORS TR | $200,335 | $176,230 |
| OLD DOMINION FREIGHT LINES | $15,858,252 | $23,996,205 |
| T. ROWE PRICE INSTL FLOATING R | $200,000 | $191,784 |
| VANGUARD FTSE DEVELOPED MARKET | $143,450 | $126,140 |
| VERSUS CAPITAL MULTI MNGR REAL | $300,000 | $302,825 |
| VERSUS CAPITAL REAL ASSETS FUN | $300,000 | $294,469 |
| VIRTUS SEIX FLTG RATE HIGH INC | $1,249,828 | $1,192,208 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BLDG-410 W ENGLISH | $3,763,634 | $72,378 | $3,691,256 | $3,500,000 |
| LAND - 410 W ENGLI | $747,000 | $747,000 | $1,000,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $22,093 | LegalFeesAmt |
| Disbursements Charitable Prps | $22,093 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $86,744 | $86,744 |
| Foundation Dues & Memberships | $250 | $250 |
| Office Supplies | $140 | $140 |
| Payroll Processing Fees | $116 | $116 |
| Postage/Delivery Service | $218 | $218 |
| Property insurance | $724 | $724 |
| State or Local Filing Fees | $25 | $25 |
| Website Hosting/Support | $5 | $5 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $25,756 | $25,756 | |
| SCHOLARSHIP MGMT SERVICES | $16,040 | $16,040 | |
| CONSTRUCTION PROJECT MGMT SRVC | $16,544 | $16,544 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2018 | CategoryTxt |
| Amt | $100,400 | Amt |