CHILDTRUST FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CHILDTRUST FOUNDATION (EIN 20-0477249)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-16
- IRS object ID
- 201821369349100507
- Schema version
- 2017v2.3
- 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 Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-16T08:52:10-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | 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 | 2017-01-01 | 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 | 2018-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michelle W Lemanski | PreparerPersonNm |
| PTIN | P00858709 | PTIN |
| Phone | 9197878212 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,729,177 | 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 | $1,047,430 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,234 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,234 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $280,602 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $280,602 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $621,559 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,199,709 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $972,528 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,079 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,079 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,952,904 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,256,443 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $5,203 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,902 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,301 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,000 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $24,967 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $10,500 | TravConfMeetingRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $6,670 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $11,635 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,201 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $59,975 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,103 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,301 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,121,617 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,136,617 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,181,592 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,103 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,137,918 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $771,312 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,248,340 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,667,720 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,214,485 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,214,485 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,835 | AcctRcvblAmt |
| Acct Rcvbl EOY | $2,835 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,835 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $5,556,252 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,025,532 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,925,020 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,022,311 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,177,852 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,586,837 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $14,246,283 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,420,704 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,729,177 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $6,306 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $11,291 | AccountsPayableEOYAmt |
| Grants Payable BOY | $100,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $85,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $106,306 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $96,291 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $14,139,977 | UnrestrictedBOYAmt |
| Unrestricted EOY | $15,324,413 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,139,977 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,324,413 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,246,283 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,420,704 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,139,977 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $771,312 | ExcessRevenueOverExpensesAmt |
| Other Increases | $413,124 | OtherIncreasesAmt |
| Subtotal | $15,324,413 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $15,324,413 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 10,000 SHS STARBUCKS CORP | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Sold | 2017-01-10 | SoldDt |
| Gross Sales Price | $578,989 | GrossSalesPriceAmt |
| Cost Or Other Basis | $578,150 | CostOrOtherBasisAmt |
| Gain Or Loss | $351,808 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $839 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $972,528 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,331,656 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,241,514 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.108782 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,210,500 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,284,901 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.107267 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $430,195 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $10,848,098 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.039656 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $354,122 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,501,116 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.037272 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $464,522 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,722,705 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.053254 | DistributionYr5Rt |
| Total Distribution | 0.346231 | TotalDistributionRt |
| Average Distribution | 0.069246 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $16,273,710 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,126,889 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,483 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,139,372 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,137,918 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $24,967 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $24,967 | SubtotalAmt |
| Tax Based On Investment Income | $24,967 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,997 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $11,232 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $25,229 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $321 | EsPenaltyAmt |
| Tax Due | $59 | TaxDueAmt |
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 |
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 | $6,326,278 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,605,583 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,589,672 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,521,533 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,521,533 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $247,823 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,273,710 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $813,686 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $813,686 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,967 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,967 | TotalTaxAmt |
| Distributable Before Adj | $788,719 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $788,719 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $788,719 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,137,918 | 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 | $1,137,918 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,137,918 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $788,719 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $243,626 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $742,168 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $985,794 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,137,918 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $788,719 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $349,199 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,334,993 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,334,993 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $243,626 | ExcessFromYear2Amt |
| Excess From Year1 | $742,168 | ExcessFromYear1Amt |
| Excess From Current Year | $349,199 | 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 | $20,000 | |
| TEACH FOR AMERICA INC | |||||||
| 324 BLACKWELL STREET | DURHAM | NC | 27701 | PC | TEACHERS FOR UNDER-RESOURCED SCHOOLS | $40,000 | BAY 11 SUITE 1160 |
| PLACE OF POSSIBILITES INC | |||||||
| 1144 HEXLENA ROAD | AULANDER | NC | 27805 | PC | JOB TRAINING, LITERACY AND HEALTH AWARENESS | $32,117 | |
| 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 | |
| HOPE ELEMENTARY SCHOOL | |||||||
| 1116 NORTH BLOUNT STREET | RALEIGH | NC | 27604 | PC | EDUCATIONAL INSTITUTION | $20,000 | |
| 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 | |
| BIG BROTHERS BIG SISTERS OF THE TRIANGLE | |||||||
| 909 AVIATION PARKWAY SUITE 1500 | MORRISVILLE | NC | 27560 | PC | PROVIDE CHILDREN FACING ADVERSITY WITH STRONG RELATIONSHIPS | $30,000 | |
| BOYS AND GIRLS CLUB OF WAKE COUNTY INC | |||||||
| 721 NORTH RALEIGH BOULEVARD | RALEIGH | NC | 27610 | PC | DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES | $35,000 | |
| TRIANGLE LITERACY COUNCIL INC | |||||||
| 916 WEST MORGAN STREET | RALEIGH | NC | 27603 | PC | ONE-ON-ONE TUTORING FOR YOUTH | $25,000 | |
| NC CHILD | |||||||
| 3109 POPLARWOOD COURT SUITE 300 | RALEIGH | NC | 27604 | PC | ENSURE CHILDREN HAVE ACCESS TO HEALTH CARE AND EDUCATION | $75,000 | |
| PREVENT CHILD ABUSE NC INC | |||||||
| 3716 NATIONAL DRIVE SUITE 118 | RALEIGH | NC | 27612 | PC | PREVENT ABUSE AND NEGLECT OF OUR NATION'S CHILDREN | $75,000 | |
| GIRL SCOUTS NC COASTAL PINES INC | |||||||
| 6901 PINECREST ROAD | RALEIGH | NC | 27613 | PC | BUILDING GIRLS OF COURAGE, CONFIDENCE, AND CHARACTER | $30,000 | |
| NC EARLY CHILDHOOD FOUNDATION INC | |||||||
| 907 GLENWOOD AVENUE | RALEIGH | NC | 27605 | PC | ACHIEVE LASTING CHANGE IN THE WELL-BEING AND EDUCATION OF YOUNG CHILDREN | $90,000 | |
| NURSE FAMILY PARTNERSHIP | |||||||
| 10 SUNNYBROOK ROAD | RALEIGH | NC | 27610 | PC | REGISTERED NURSES SUPPORT FIRST-TIME MOTHERS | $25,000 | |
| 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 | $56,000 | |
| CAMP CORRAL | |||||||
| 5151 GLENWOOD AVENUE | RALEIGH | NC | 27612 | PC | PROVIDE MEANINGFUL CAMP EXPERIENCES | $250,000 | |
| SHEPHERD YOUTH RANCH INC | |||||||
| 2816 ANDERSON DRIVE | RALEIGH | NC | 27608 | PC | IN HONOR OF LEIGH & HOWARD LONGINO | $1,500 | |
| THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL | |||||||
| PO BOX 309 | CHAPEL HILL | NC | 27514 | PC | THE SCHOOL OF GOVERNMENT FOUNDATION | $5,000 | |
| 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 | |
| MOTHERREAD INC | |||||||
| 3803-B COMPUTER DRIVE 2014 | RALEIGH | NC | 27609 | PC | TO PROVIDE ADULT LITERACY CLASSES, PARENT WORKSHOPS AND TEACHER TRAINING IN WAKE COUNTY AND THROUGHOUT NORTH CAROLINA | $20,000 | |
| 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 | $100,000 | SUITE 100 |
| FRIENDS OF NC STATE MUSEUM OF NATURAL SCIENCES | |||||||
| 11 WEST JONES STREET | RALEIGH | NC | 27601 | PC | SUPPORT PROGRAM EVENTS, EXHIBITS AND RESEARCH | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,136,617 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC EARLY CHILDHOOD FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 907 GLENWOOD AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | 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 | GrantOrContributionPurposeTxt |
| Amt | $85,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $85,000 | TotalGrantOrContriApprvFutAmt |
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 | $1,234 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $280,602 | 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 | $621,559 | 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 | $905,474 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $905,474 | 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 | $1,047,430 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4,500 SHS AUTOMATIC DATA | $521,730 | 2017-12-08 |
| 1 | 5,000 SHS JP MORGAN CHASE | $525,700 | 2017-12-08 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $5,203 | Amt |
| Net Investment Income | $3,902 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,301 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 75,150 SHS BB&T CORP | $2,724,390 | $3,736,458 |
| 25,000 SHS JPMORGAN CHASE & CO | $2,237,500 | $2,673,500 |
| 3,179 SHS LAWSON PRODUCTS | $70,019 | $78,680 |
| 6,300 SHS PNC FINANCIAL SRVCS | $471,893 | $909,027 |
| 10,000 SHS STARBUCKS CORP | $0 | $0 |
| 4,500 SHS AUTOMATIC DATA PROC | $521,730 | $527,355 |
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 | $8,177,852 | BookValueAmt |
| EOYFMV | $8,586,837 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FINANCIAL ASCENT TE LMTD PRTNR | $4,201 | $4,201 |
| NETWORK ASSOCIATION DUES | $3,485 | |
| EXCISE TAX PENALTY | $3,949 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY LITIGATION SETTLEMENTS-NET | Desc |
| Revenue And Expenses Per Books | $2,079 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,079 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ADJUSTMENTS-FINANCIAL ASCENT TE LP | Desc |
| Amt | $413,124 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GRANT WRITING | CategoryTxt |
| Amt | $1,000 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $24,967 | Amt |