ERGON FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ERGON FOUNDATION (EIN 45-5017945)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-02
- IRS object ID
- 202542759349100804
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-02T07:47:03-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | 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 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455017945 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ergon Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | ERGO | 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 | John Drummond Jr | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-09-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,747,253 | 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 | $1,500,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $194,774 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $194,774 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $488,127 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $488,127 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$333,166 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,128,571 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,849,735 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $682,901 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $19,800 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $19,800 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,812 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,812 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $100,421 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $100,421 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,800 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $54,794 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $54,794 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $183,627 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $100,421 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $76,406 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,039,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,039,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,223,127 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $100,421 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,115,906 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $626,608 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $582,480 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,819,329 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,785,584 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,785,584 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,066 | AcctRcvblAmt |
| Acct Rcvbl EOY | $1,066 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,066 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $13,189,644 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,606,612 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,872,438 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,025,190 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,169,683 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,088,165 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $20,034,163 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,562,945 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,747,253 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $107,275 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,449 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $107,275 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,449 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $19,926,888 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,553,496 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,926,888 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,553,496 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,034,163 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,562,945 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,926,888 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $626,608 | ExcessRevenueOverExpensesAmt |
| Subtotal | $20,553,496 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,553,496 | 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 | $3,128,571 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,461,737 | CostOrOtherBasisAmt |
| Gain Or Loss | -$333,166 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$333,166 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$333,166 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,096 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,096 | SubtotalAmt |
| Tax Based On Investment Income | $8,096 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,789 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $10,789 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,693 | OverpaymentAmt |
| Applied To ES Tax | $2,693 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| John Drummond Jr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| John Drummond Sr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Ashley Glover | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Fidelity | |||||
| 245 SUMMER STREET | BOSTON | MA | 02210 | Investment Mgmt | $100,421 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $53,483 |
| 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 | $22,724,814 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,097,484 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,822,298 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,822,298 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $402,334 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,419,964 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,320,998 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,320,998 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,096 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,096 | TotalTaxAmt |
| Distributable Before Adj | $1,312,902 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,312,902 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,312,902 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,115,906 | 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 | $1,115,906 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,312,902 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,077,926 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,115,906 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,077,926 | AppliedToYear1Amt |
| Applied To Current Year | $37,980 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,274,922 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ashley Glover | ContributingManagerNm |
| Contributing Manager | John Drummond Jr | ContributingManagerNm |
| Contributing Manager | John Drummond Sr | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CAPITOL HILL BAPTIST CHURCH | |||||||
| 525 A ST NE | WASHINGTON | DC | 20002 | N/A | PC | International Projects | $50,000 |
| CROSS VISION MISSIONS | |||||||
| PO BOX 132982 | TYLER | TX | 75713 | N/A | PC | General & Unrestricted | $45,000 |
| CROSS VISION MISSIONS | |||||||
| PO BOX 132982 | TYLER | TX | 75713 | N/A | PC | Project Iglesia Sana Aguas | $12,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS RD | KANSAS CITY | MO | 64129 | N/A | PC | Walker-North Jefferson Co., AL | $12,000 |
| FOOTPRINTS ABROAD INTERNATIONAL MINISTRIES | |||||||
| PO BOX 2396 | CULLMAN | AL | 35056 | N/A | PC | General & Unrestricted | $10,000 |
| GRACE COVENANT CHURCH OF BAY COUNTY | |||||||
| 345 W 14TH ST | PANAMA CITY | FL | 32401 | N/A | PC | General & Unrestricted | $110,000 |
| INTERNATIONAL MISSION BOARD OF THE SOUTHERN BAPTIS | |||||||
| 3806 MONUMENT AVE | RICHMOND | VA | 23230 | N/A | PC | Project | $120,000 |
| INTERNATIONAL MISSION BOARD OF THE SOUTHERN BAPTIS | |||||||
| 3806 MONUMENT AVE | RICHMOND | VA | 23230 | N/A | PC | Central Asia Pastoral Encouragement and Research (Silas) | $25,000 |
| LAST BELL MINISTRIES INC | |||||||
| PO BOX 30671 | INDIANAPOLIS | IN | 46230 | N/A | PC | General & Unrestricted | $12,000 |
| PILLAR CHURCH PLANTING NETWORK | |||||||
| 1780 HERITAGE CENTER DR STE 101 | WAKE FOREST | NC | 27587 | N/A | PC | Colombia Ministry | $65,000 |
| PILLAR CHURCH PLANTING NETWORK | |||||||
| 1780 HERITAGE CENTER DR STE 101 | WAKE FOREST | NC | 27587 | N/A | PC | Church Plant Startups | $50,000 |
| PILLAR CHURCH PLANTING NETWORK | |||||||
| 1780 HERITAGE CENTER DR STE 101 | WAKE FOREST | NC | 27587 | N/A | PC | Residency Fund | $100,000 |
| PILLAR CHURCH PLANTING NETWORK | |||||||
| 1780 HERITAGE CENTER DR STE 101 | WAKE FOREST | NC | 27587 | N/A | PC | RTIM Missionaries | $132,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | East Asia Strengthening | $28,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | Asia Fund | $23,500 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | Trellis Project | $100,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | RTIM Missionaries | $6,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | RTIM Missionary Support | $6,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | BCBC Project | $21,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | RTIM Missionary Support | $6,000 |
| REACHING AND TEACHING INTERNATIONAL MINISTRIES INC | |||||||
| 828 E MARKET ST | LOUISVILLE | KY | 40206 | N/A | PC | RTIM Missionary Support | $100,000 |
| REDEEMER PRESBYTERIAN CHURCH | |||||||
| PO BOX 160 | GARDENDALE | AL | 35071 | N/A | PC | General & Unrestricted | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,039,500 | 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 | $194,774 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $488,127 | 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 Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$333,166 | 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 | $349,735 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $349,735 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Drummond Jr John | ||||||
| 1 | 345 W 14th Street | Panama City | FL | 32401 | $500,000 | Yes (X) |
| Drummond Sr John | ||||||
| 2 | 170 Drummond Place | Jasper | AL | 355043264 | $1,000,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC - 3.600% - 05/14/20 | $99,536 | $99,587 |
| BANK AMER CORP BOND - 3.248% - | $248,038 | $240,922 |
| BP PLC SPONSORED ADR - 3.937% | $260,535 | $242,500 |
| CATERPILLAR FINL SVCS - 4.850% | $256,615 | $251,302 |
| COMCAST CORP - 3.150% - 03/01/ | $248,793 | $246,170 |
| GENERAL DYNAMICS CORP NOTE - 3 | $96,126 | $99,694 |
| GOLDMAN SACHS GROUP - 4.223% - | $244,250 | $243,232 |
| INTEL CORP NOTE CALL MAKE WHOL | $261,190 | $248,331 |
| JPMORGAN CHASE & CO - 4.125% - | $413,035 | $395,797 |
| LOWES COS INC NOTE CALL MAKE W | $243,265 | $245,243 |
| MORGAN STANLEY - 3.625% - 01/2 | $92,077 | $98,191 |
| NUCOR CORP NOTE - 3.950% - 05/ | $263,230 | $242,754 |
| SOUTHWEST AIRLS NOTE - 3.450% | $248,168 | $240,505 |
| TARGET CORP NOTE CALL MAKE WHO | $94,910 | $94,881 |
| WASTE MGMT INC - 4.625% - 02/1 | $99,915 | $99,056 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (47 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $210,916 | $322,725 |
| ADVANCED MICRO DEVICES INC | $523,985 | $426,872 |
| ALPHABET INC CL A | $182,402 | $757,200 |
| AMAZON COM | $383,757 | $640,180 |
| APPLE INC | $193,753 | $751,260 |
| BERKSHIRE HATHAWAY INC. CLASS | $530,604 | $781,001 |
| BROADCOM INC | $157,192 | $1,391,041 |
| CHEVRON CORP | $569,732 | $828,774 |
| CISCO SYSTEMS INC | $423,572 | $633,795 |
| CLIFFS NATURAL RESOURCES INC. | $121,395 | $122,228 |
| CME GROUP, INC | $231,939 | $291,216 |
| CONOCOPHILLIPS | $390,367 | $929,223 |
| COSTCO WHOLESALE CORPORATION | $151,540 | $274,881 |
| CROWN CASTLE INTL | $129,124 | $108,912 |
| DANAHER CORP | $360,178 | $354,884 |
| DEERE CO | $255,651 | $278,795 |
| DU PONT DE NEMOURS | $177,632 | $146,934 |
| DUKE ENERGY CO | $142,311 | $215,480 |
| ELI LILLY & CO | $62,865 | $155,172 |
| EMERSON ELECTRIC CO | $394,106 | $498,199 |
| EXXON MOBIL CORP | $299,486 | $515,691 |
| GE HEALTHCARE TECHNOLOGIES INC | $408,404 | $453,991 |
| GE VERNOVA | $41,681 | $188,806 |
| GENERAL ELECTRIC CO | $165,739 | $383,117 |
| HOME DEPOT INC | $253,715 | $427,889 |
| HONEYWELL INTL | $237,140 | $361,424 |
| JOHNSON & JOHNSON | $357,831 | $346,220 |
| JP MORGAN CHASE | $409,161 | $936,308 |
| LINDE PLC COM | $146,012 | $360,056 |
| LOCKHEED MARTIN CORP | $262,513 | $275,042 |
| MCDONALD'S CORP | $266,928 | $400,628 |
| MICROSOFT CORP | $219,999 | $716,550 |
| NEXTERA ENERGY, INC | $74,249 | $99,792 |
| NIKE INC-CL B | $292,283 | $301,848 |
| NORFOLK SOUTHERN CORP | $199,878 | $267,558 |
| PALO ALTO NETWORKS INC | $298,760 | $421,783 |
| PAYPAL HOLDINGS, INC | $290,126 | $297,189 |
| PHILLIPS 66 | $233,842 | $284,825 |
| PROCTER GAMBLE CO | $231,552 | $317,864 |
| PROLOGIS | $221,831 | $303,782 |
| SOUTHERN CO | $253,856 | $370,440 |
| TRAVELERS COMPANIES INC | $303,797 | $678,587 |
| UNITED PARCEL SERVICE | $332,683 | $321,807 |
| VERIZON COMMUNICATIONS | $160,865 | $115,051 |
| VISA INC | $358,628 | $554,018 |
| WAL-MART STORES INC | $321,706 | $880,913 |
| WALT DISNEY HOLDINGS CO | $370,926 | $382,487 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $53,483 | $53,483 |
| Payroll Processing Fees | $1,286 | $1,286 |
| State or Local Filing Fees | $25 | $25 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
| BOY Book Value | $107,275 | BOYBookValueAmt |
| EOY Book Value | $9,449 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $100,421 | Amt |
| Net Investment Income | $100,421 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2024 | CategoryTxt |
| Amt | $6,800 | Amt |