CHILDTRUST FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- CHILDTRUST FOUNDATION (EIN 20-0477249)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-15
- IRS object ID
- 201901359349102660
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-15T13:05:28-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BATCHELOR TILLERY & ROBERTS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 GLENWOOD AVENUE SUITE 350 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200477249 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHILDTRUST FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % INVESTORS MANAGEMENT CORP | InCareOfNm |
| Business Name Control | CHIL | BusinessNameControlTxt |
| Phone | 9197819310 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 N WEST STREET | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27603 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EASTER A MAYNARD | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9197819310 | PhoneNum |
| Signature | 2019-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Heidi G Alles | PreparerPersonNm |
| PTIN | P02149266 | PTIN |
| Phone | 9197878212 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 204.16.136.178 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 69791020191355000002 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0E0C1A398ADC0FBA75B5ECC2382568EA24415872 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0E0C1A398ADC0FBA75B5ECC2382568EA24415872 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,008,845 | 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 | $973,800 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3,528 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,528 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $375,180 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $375,180 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$148,731 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $122,764 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,203,777 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $378,708 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $6,829 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,122 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,707 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $8,485 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $7,370 | TaxesRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $7,142 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,082 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,082 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $34,908 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,204 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,707 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,045,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,130,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,079,908 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,204 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,131,707 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $123,869 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $368,504 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,214,485 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $320,925 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $320,925 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $3,555 | AcctRcvblAmt |
| Acct Rcvbl BOY | $2,835 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $3,555 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $3,555 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $0 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $17,830 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $17,830 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,025,532 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,929,313 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,998,771 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,177,852 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,176,659 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,667,764 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $15,420,704 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,448,282 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,008,845 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $11,291 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Grants Payable BOY | $85,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $0 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $96,291 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $15,324,413 | UnrestrictedBOYAmt |
| Unrestricted EOY | $15,448,282 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,324,413 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,448,282 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,420,704 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,448,282 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,324,413 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $123,869 | ExcessRevenueOverExpensesAmt |
| Subtotal | $15,448,282 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $15,448,282 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 3,179 SHS LAWSON PRODUCTS, INC. | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Sold | 2018-03-15 | SoldDt |
| Gross Sales Price | $79,325 | GrossSalesPriceAmt |
| Cost Or Other Basis | $70,020 | CostOrOtherBasisAmt |
| Gain Or Loss | $9,305 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $9,305 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$148,731 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,137,918 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $16,273,710 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.069924 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,331,656 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,241,514 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.108782 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,210,500 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,284,901 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.107267 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $430,195 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,848,098 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.039656 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $354,122 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,501,116 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.037272 | DistributionYr5Rt |
| Total Distribution | 0.362901 | TotalDistributionRt |
| Average Distribution | 0.07258 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,356,905 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,259,764 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,685 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,263,449 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,131,707 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,370 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,370 | SubtotalAmt |
| Tax Based On Investment Income | $7,370 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $25,200 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $17,830 | OverpaymentAmt |
| Applied To ES Tax | $17,830 | 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 | NC | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INVESTORS MANAGEMENT CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9196537499 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 N WEST STREET | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 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 | false | 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES H MAYNARD | ||||||||
| 801 N WEST STREET | RALEIGH | NC | 27603 | PRESIDENT 1 HOUR | 0 | $0 | $0 | $0 |
| EASTER A MAYNARD | ||||||||
| 801 N WEST STREET | RALEIGH | NC | 27603 | VICE PRESIDENT 5 HOURS | 0 | $0 | $0 | $0 |
| RICHARD A URQUHART III | ||||||||
| 801 N WEST STREET | RALEIGH | NC | 27603 | TREASURER 1 HOUR | 0 | $0 | $0 | $0 |
| RONALD M BARBEE | ||||||||
| 801 N WEST STREET | RALEIGH | NC | 27603 | SECRETARY 3 HOURS | 0 | $0 | $0 | $0 |
| THEODORE M FOWLER | ||||||||
| 801 N WEST STREET | RALEIGH | NC | 27603 | DIRECTOR < 1 HOUR | 0 | $0 | $0 | $0 |
| 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 | $8,165,655 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $763,547 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,692,021 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,621,223 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,621,223 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $264,318 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,356,905 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $867,845 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $867,845 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,370 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,370 | TotalTaxAmt |
| Distributable Before Adj | $860,475 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $860,475 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $860,475 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,131,707 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,131,707 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,131,707 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $860,475 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $243,626 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $742,168 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $349,199 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,334,993 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,131,707 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $860,475 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $271,232 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,606,225 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,606,225 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $243,626 | ExcessFromYear3Amt |
| Excess From Year2 | $742,168 | ExcessFromYear2Amt |
| Excess From Year1 | $349,199 | ExcessFromYear1Amt |
| Excess From Current Year | $271,232 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| KIDZNOTES | |||||||
| 1309 HALLEY STREET | DURHAM | NC | 27707 | PC | MUSIC PROGRAM THAT ENGAGES STUDENTS PRE-KINDERGARTEN - 12TH GRADE | $25,000 | |
| TEACH FOR AMERICA INC | |||||||
| 324 BLACKWELL STREET | DURHAM | NC | 27701 | PC | TEACHERS FOR UNDER-RESOURCED SCHOOLS | $40,000 | BAY 11 SUITE 1160 |
| CAROLINA BALLET INC | |||||||
| 3401-131 ATLANTIC AVENUE | RALEIGH | NC | 27604 | PC | BRINGING ART TO THOUSANDS OF STUDENTS EACH YEAR | $15,000 | |
| STEP UP MINISTRIES | |||||||
| 1701 OBERLIN ROAD | RALEIGH | NC | 27608 | PC | TRANSFORMING PEOPLES LIVES THROUGH EMPLOYMENT AND LIFE SKILLS TRAINING | $50,000 | |
| WAKE EDUCATION PARTNERSHIP | |||||||
| 706 HILLSBOROUGH STREET SUITE A | RALEIGH | NC | 27603 | PC | COLLABORATE THE COMMUNITY WITH THE WAKE COUNTY PUBLIC SCHOOL SYSTEM | $30,000 | |
| HOPE REINS OF RALEIGH | |||||||
| 8420 WAKE FOREST HIGHWAY | RALEIGH | NC | 27613 | PC | GIVING SESSIONS WITH LEADERS AND EQUINE COUNSELORS | $5,000 | |
| BOYS AND GIRLS CLUB OF WAKE COUNTY INC | |||||||
| 721 NORTH RALEIGH BOULEVARD | RALEIGH | NC | 27610 | PC | DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES | $35,000 | |
| NC CHILD | |||||||
| 3109 POPLARWOOD COURT SUITE 300 | RALEIGH | NC | 27604 | PC | ENSURE CHILDREN HAVE ACCESS TO HEALTH CARE AND EDUCATION | $50,000 | |
| PREVENT CHILD ABUSE NC INC | |||||||
| 3716 NATIONAL DRIVE SUITE 118 | RALEIGH | NC | 27612 | PC | PREVENT ABUSE AND NEGLECT OF OUR NATION'S CHILDREN | $50,000 | |
| NURSE FAMILY PARTNERSHIP | |||||||
| 10 SUNNYBROOK ROAD | RALEIGH | NC | 27610 | PC | REGISTERED NURSES SUPPORT FIRST-TIME MOTHERS | $40,000 | |
| THE YMCA OF THE TRIANGLE AREA | |||||||
| 801 CORPORATE CENTER DRIVE SUITE 2 | RALEIGH | NC | 27607 | PC | PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD SPIRIT, MIND, AND BODY | $25,000 | |
| REACH OUT AND READ INC | |||||||
| 89 SOUTH STREET | BOSTON | MA | 02111 | PC | INCORPORATES BOOKS INTO PEDIATRIC CARE & ENCOURAGES FAMILIES TO READ ALOUD TOGETHER | $75,000 | |
| CAMP CORRAL | |||||||
| 5151 GLENWOOD AVENUE | RALEIGH | NC | 27612 | PC | PROVIDE MEANINGFUL CAMP EXPERIENCES | $200,000 | |
| HELPS EDUCATION FUND | |||||||
| PO BOX 51537 | DURHAM | NC | 27717 | PC | TO SUPPORT TEACHER TRAINING AND IMPLEMENTATION INTEGRITY SUPPORTS FOR THE HELPS READING INTERVENTION IN SCTOLAND COUNTY, NC. | $15,000 | |
| THE DANIEL CENTER FOR MATH & SCIENCE | |||||||
| 735 ROCK QUARRY ROAD | RALEIGH | NC | 27610 | PC | TO MAKE A SUBSTANTIAL ACADEMIC DIFFERENCE IN THE LIVES OF AT-RISK YOUTH | $12,000 | |
| THE NORTH CAROLINA PARTNERSHIP FOR CHILDREN | |||||||
| 1100 WAKE FOREST ROAD | RALEIGH | NC | 27604 | PC | TO ASSURE AN EQUITY LENS IS INCLUDED IN PLANNING | $5,000 | |
| PUBLIC SCHOOL FORUM OF NC INC | |||||||
| 3739 NATIONAL DRIVE | RALEIGH | NC | 27612 | PC | SHAPE A WORLD-CLASS PUBLIC EDUCATION | $154,000 | SUITE 100 |
| BOYS AND GIRLS CLUB OF COASTAL | |||||||
| 621 W FIRE TOWER ROAD | WINTERVILLE | NC | 28590 | PC | DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES | $75,000 | |
| INSTITUTE FOR EMERGING ISSUES | |||||||
| NC STATE UNIVERSITY | RALEIGH | NC | 27695 | PC | Kidonomics-Investing Early in Our Future | $35,000 | |
| WINER FAMILY FOUNDATION | |||||||
| 428 E 4TH STREET 408 | CHARLOTTE | NC | 28202 | PC | NC Home Visiting Landscape Study with UNC School of Social Work | $10,000 | |
| EDUCATION NC | |||||||
| POST OFFICE BOX 1636 | RALEIGH | NC | 27602 | PC | Expand educational opportunities for all children in North Carolina | $30,000 | |
| JAMES B HUNT JR INSTITUTE FOR LEADERSHIP & POLICY | |||||||
| 1000 PARK FORTY PLAZA SUITE 280 | DURHAM | NC | 27713 | PC | Empower state leaders to become audacious champions for public education | $5,000 | |
| BERTIE COUNTY YMCA | |||||||
| 1102 N KING STREET | WINDSOR | NC | 27983 | PC | Put Christian principles into practice through programs that build spirit, mind, and body | $9,000 | |
| VAE RALEIGH | |||||||
| 309 W MARTIN STREET | RALEIGH | NC | 27601 | PC | Hub for a diverse network of artists, a venue for artists to advance their careers, and a voice to influence positive change for the creative community | $5,000 | |
| MARBLES KIDS MUSEUM | |||||||
| 201 E HARGETT STREET | RALEIGH | NC | 27601 | PC | Sparks imagination, discovery and learning through play | $20,000 | |
| FRIENDS OF WAKE GUARDIAN AD LITEM | |||||||
| POST OFFICE BOX 4941 | CARY | NC | 27519 | PC | Enhance the lives of at-risk children and their caregivers through programs which promote their physical, educational, and emotional well-being | $30,000 | |
| NC EARLY CHILDHOOD FOUNDATION | |||||||
| 907 GLENWOOD AVENUE | RALEIGH | NC | 27605 | PC | TO MARSHAL NORTH CAROLINA'S GREAT PEOPLE, IDEAS AND ACHIEVEMENTS TO BUILD A FOUNDATION OF OPPORUNITY AND SUCCESS FOR EVERY CHILD BY THE END OF THIRD GRADE | $85,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,130,000 | 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 | $3,528 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $375,180 | 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 | -$148,731 | 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 | $229,977 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $229,977 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | INVESTORS MANAGEMENT CORPORATION | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 N WEST STREET | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $973,800 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 5,000 SHS JP MORGAN CHASE | $486,900 | 2018-12-28 |
| 1 | 5,000 SHS JP MORGAN CHASE | $486,900 | 2018-12-28 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $6,829 | Amt |
| Net Investment Income | $5,122 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,707 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 75,150 SHS BB&T CORP | $2,724,390 | $3,255,498 |
| 35,000 SHS JPMORGAN CHASE & CO | $3,211,300 | $3,416,700 |
| 6,300 SHS PNC FINANCIAL SRVCS | $471,893 | $736,533 |
| 4,500 SHS AUTOMATIC DATA PROC | $521,730 | $590,040 |
| 3,179 SHS LAWSON PRODUCTS |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FINANCIAL ASCENT TE LMTD PRTNR | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $8,176,659 | BookValueAmt |
| EOYFMV | $8,667,764 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FINANCIAL ASCENT TE LMTD PRTNR | Desc |
| Revenue And Expenses Per Books | $5,082 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $5,082 | NetInvestmentIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY LITIGATION SETTLEMENTS-NET | Desc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GRANT ASSISTANCE ORG DUES | CategoryTxt |
| Amt | $8,485 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $7,370 | Amt |