ALICE VIRGINIA & DAVID W FLETCHER FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ALICE VIRGINIA & DAVID W FLETCHER FOUNDATION (EIN 52-1789319)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-31
- IRS object ID
- 201901519349100100
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-31T06:30:02-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 520783935 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH ELLIOTT KEARNS & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19405 EMERALD SQUARE STE 1400 | AddressLine1Txt |
| City | HAGERSTOWN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21742 | 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 | 521789319 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALICE VIRGINIA AND DAVID W | BusinessNameLine1Txt |
| Business Name Line2 | FLETCHER FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALIC | BusinessNameControlTxt |
| Phone | 2404521783 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O WM YOUNG PO BOX 1295 | AddressLine1Txt |
| City | HAGERSTOWN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 217411295 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM P YOUNG JR | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2404521783 | PhoneNum |
| Signature | 2019-05-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER O MCDONALD CPA | PreparerPersonNm |
| PTIN | P01282844 | PTIN |
| Phone | 3017335020 | PhoneNum |
| Preparation | 2019-05-30 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.192.7.141 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-31 | IPDt |
| IP Tm | 06:30:02 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6CBB79C053B248571C9CF37C921E5AD012119690 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F292BA449C1BF8BBA7F8F0BF46EB3EDD96736C0F | 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 | $19,160,365 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $522,768 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $522,768 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $988,437 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,257,065 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $988,437 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,511,210 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,511,210 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $75,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $7,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $67,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,480 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,473 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,007 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $54,686 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $16,150 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $5,187 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $409 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $3,693 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $370 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $3,323 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,875 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $288 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,587 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $140,051 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $129,992 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,059 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $290,194 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $156,773 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $99,663 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $217,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $217,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $507,194 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $156,773 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $316,663 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,004,016 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,354,437 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $592,491 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $682,223 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $682,223 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,253,159 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,486,375 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,449,551 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $10,553,345 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,593,817 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,685,953 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,812,974 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,034,058 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,982,932 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,978,174 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,398,146 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,358,548 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,862 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,704 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,567 | LandBOYAmt |
| Land EOY | $1,158 | LandEOYAmt |
| Land EOYFMV | $1,158 | LandEOYFMVAmt |
| Total Assets BOY | $18,191,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,195,777 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,160,365 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,012 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,063 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,012 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,063 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $18,189,698 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,193,714 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,189,698 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,193,714 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,191,710 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,195,777 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,189,698 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,004,016 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,193,714 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $19,193,714 | 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 |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $8,244,232 | GrossSalesPriceAmt |
| Cost Or Other Basis | $7,268,628 | CostOrOtherBasisAmt |
| Gain Or Loss | $975,604 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $975,604 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $988,437 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,085,261 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $19,546,992 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.055521 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,068,292 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $18,566,759 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.057538 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,073,412 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $19,358,747 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.055448 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,025,830 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $19,594,780 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.052352 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $968,293 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,785,254 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051545 | DistributionYr5Rt |
| Total Distribution | 0.272404 | TotalDistributionRt |
| Average Distribution | 0.054481 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,170,565 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,098,913 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,544 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,112,457 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $316,663 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $27,089 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $27,089 | SubtotalAmt |
| Tax Based On Investment Income | $27,089 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,732 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $30,450 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $54,182 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $27,093 | OverpaymentAmt |
| Applied To ES Tax | $27,093 | 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 | MD | 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 | WWW.AVDWFLETCHERFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | WILLIAM P YOUNG JR | IndividualWithBooksNm |
| Phone | 2404521783 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 W WASHINGTON STREET SUITE 501 | AddressLine1Txt |
| City | HAGERSTOWN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21740 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| HUGH J BRESLIN III | ||||||||
| 13 EAST WASHINGTON STREET | HAGERSTOWN | MD | 21740 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| DOUGLAS A FIERY | ||||||||
| 1331 EASTERN BOULEVARD | HAGERSTOWN | MD | 21742 | VICE-PRESIDE | 1.00 | $0 | $0 | $0 |
| GREGORY I SNOOK | ||||||||
| 1 S POTOMAC STREET | HAGERSTOWN | MD | 21740 | TREASURER | 1.00 | $0 | $0 | $0 |
| PAULA A LAMPTON | ||||||||
| 10647 TROTTER DRIVE | HAGERSTOWN | MD | 21742 | SECRETARY | 1.00 | $0 | $0 | $0 |
| ANDREW SARGENT | ||||||||
| 1303 THE TERRACE | HAGERSTOWN | MD | 21742 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| WILLIAM P YOUNG JR | ||||||||
| 82 W WASHINGTON STREET SUITE 501 | HAGERSTOWN | MD | 21740 | EXECUTIVE DI | 20.00 | $75,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS FARGO CLEARING SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2801 MARKET STREET | AddressLine1Txt |
| City | SAINT LOUIS | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT | ServiceTypeTxt |
| Compensation | $121,932 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,727,467 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $750,264 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,477,731 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $20,477,731 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $307,166 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,170,565 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,008,528 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,008,528 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,089 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,089 | TotalTaxAmt |
| Distributable Before Adj | $981,439 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $981,439 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $981,439 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $316,663 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $316,663 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $316,663 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $981,439 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $49,531 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $70,641 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $115,249 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $155,080 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $141,829 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $532,330 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $316,663 | QualifyingDistributionsAmt |
| Applied To Current Year | $316,663 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $532,330 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $532,330 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $132,446 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | WILLIAM P YOUNG JR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1295 | AddressLine1Txt |
| City | HAGERSTOWN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 217411295 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2404521783 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN APPLICATION CONTAINING DETAILS OF PROPOSED USE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO DISBURSEMENTS OTHER THAN QUALIFIED CHARITIES | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| MERITUS HEALTHCARE FOUNDATION INC | |||||||
| 11116 MEDICAL CAMPUS ROAD | HAGERSTOWN | MD | 21742 | NONE | PC | GENERAL FUND | $42,000 |
| THE UNIVERSITY SYSTEM OF MD FOUNDAT | |||||||
| 3300 METSEROTT ROAD | ADELPHI | MD | 20783 | NONE | PC | GENERAL FUND | $75,000 |
| WASHINGTON COUNTY FREE LIBRARY | |||||||
| 100 SOUTH POTOMAC STREET | HAGERSTOWN | MD | 21740 | NONE | PC | GENERAL FUND | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $217,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $522,768 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $988,437 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $5 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,511,210 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,511,210 | 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 (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING-PREP OF 990-PF & PLAN | $7,715 | $57 | $7,658 |
| AUDIT FEES | $4,600 | $2,300 | $2,300 |
| ACCOUNTING - PAYROLL & OTHER RET | $1,165 | $116 | $1,049 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | TWO ORIENTAL RUGS | PropertyDesc |
| Acquired | 2014-10-17 | AcquiredDt |
| Cost Or Other Basis | $2,862 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $1,295 | PriorYearDepreciationAmt |
| Computation Method | S/L | ComputationMethodTxt |
| Life | 7.0000 | LifeRt |
| Current Year Expense | $409 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE OBLIGATIONS | BondNm |
| EOY Book Value | $2,034,058 | EOYBookValueAmt |
| EOYFMV | $1,982,932 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS CORPORATE STOCKS | StockNm |
| EOY Book Value | $11,593,817 | EOYBookValueAmt |
| EOYFMV | $11,685,953 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,486,375 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,449,551 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS | AT COST | $1,439,361 | $1,365,659 |
| GOVERNMENT ASSET BACKED/CMO SECURITI | AT COST | ||
| CORPORATE ASSET BACKED/CMO SECURITIE | AT COST | $224,601 | $219,083 |
| REAL ESTATE INVESTMENT TRUSTS | AT COST | $724,667 | $764,289 |
| RECEIVABLE - WELLS FARGO | AT COST | $9,517 | $9,517 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FURNITURE AND FIXTURES | CategoryOrItemTxt |
| Cost Or Other Basis | $2,862 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,704 | AccumulatedDepreciationAmt |
| Book Value | $1,158 | BookValueAmt |
| EOYFMV | $1,158 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| COMPUTER EXPENSE | $2,127 | $213 | $1,914 |
| DUES AND MEMBERSHIP | $2,766 | $277 | $2,489 |
| INSURANCE | $6,144 | $614 | $5,530 |
| INVESTMENT FEES | $128,874 | $128,874 | |
| OFFICE EXPENSE | $140 | $14 | $126 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME | Desc |
| Revenue And Expenses Per Books | $5 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $5 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| FEDERAL PAYROLL TAXES PAYABLE | $1,003 | $1,062 |
| MARYLAND PAYROLL TAXES PAYABLE | $1,009 | $1,001 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $15,574 | $15,574 | |
| PAYROLL TAXES | $5,763 | $576 | $5,187 |
| EXCISE TAX | $33,349 |