HAYES FAMILY CHARITABLE TR: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HAYES FAMILY CHARITABLE TR (EIN 26-6155281)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202523189349102477
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- 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 | 2025-11-14T11:05:25-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | 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 | 266155281 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HAYES FAMILY CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HAYE | BusinessNameControlTxt |
| Phone | 7049734500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALYSSA FEDERICO | PersonNm |
| Person Title | CFO OF FFTC | PersonTitleTxt |
| Phone | 7049734500 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 7043771678 | 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 | $12,817,816 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $266,754 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $266,754 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $51,874 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,186,776 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $51,874 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,432 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,432 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $323,060 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $323,060 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,088 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,088 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $167,117 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $83,797 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $70,345 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,960 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,821 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,944 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,877 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $179,986 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $85,741 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $76,310 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $500,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $500,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $679,986 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $85,741 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $576,310 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$356,926 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $237,319 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $15,342 | CashBOYAmt |
| Cash EOY | $25,835 | CashEOYAmt |
| Cash EOYFMV | $25,835 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $163,233 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $209,452 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $209,452 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $51 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $15,038 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $15,038 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $111,347 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $102,329 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $102,329 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,888,049 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,076,543 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,076,543 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,592,547 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,050,159 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,050,159 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $359,144 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $338,460 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $338,460 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $11,129,713 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,817,816 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,817,816 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $6,009 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $18,984 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $6,009 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,984 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $11,123,704 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,798,832 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,123,704 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,798,832 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,129,713 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,817,816 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,123,704 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$356,926 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,033,349 | OtherIncreasesAmt |
| Subtotal | $12,800,127 | SubtotalAmt |
| Other Decreases | $1,295 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,798,832 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $1,183,656 | $1,134,902 | $48,754 | $48,754 | |
| CAPITAL GAINS DIVIDENDS | $3,120 | $3,120 | $3,120 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $51,874 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,299 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,299 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,299 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,860 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,860 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $88 | EsPenaltyAmt |
| Overpayment | $1,473 | OverpaymentAmt |
| Applied To ES Tax | $1,473 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ALYSSA FEDERICO | IndividualWithBooksNm |
| Phone | 7049734500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| ROBIN HAYES | ||||||||
| 1245 ODELL SCHOOL RD | CONCORD | NC | 28027 | PRESIDENT/TRUSTEE | 1.00 | $0 | $0 | $0 |
| WINSLOW GALLOWAY | ||||||||
| 1255 ODELL SCHOOL RD | CONCORD | NC | 28027 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| ROBERT BOB HAYES | ||||||||
| 6725 FAIRVIEW ROAD SUITE C | CHARLOTTE | NC | 28210 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| BARBARA W HAYES | ||||||||
| 1245 ODELL SCHOOL RD | CONCORD | NC | 28027 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MORGAN STANLEY | |||||
| 6805 CARNEGIE BLVD STE 400 | CHARLOTTE | NC | 28211 | INVESTMENT MANAGEMENT | $83,797 |
| FOUNDATION FOR THE CAROLINAS | |||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | GRANT AND FUND ADMINISTRATION | $83,320 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,186,425 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $25,436 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,211,861 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,211,861 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $183,178 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,028,683 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $601,434 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $601,434 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,299 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,299 | TotalTaxAmt |
| Distributable Before Adj | $598,135 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $598,135 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $598,135 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $576,310 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $576,310 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $598,135 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $402,965 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $576,310 | QualifyingDistributionsAmt |
| Applied To Year1 | $402,965 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $173,345 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $424,790 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BETHEL COLONY OF MERCY INC | |||||||
| 1675 BETHEL COLONY ROAD | LENOIR | NC | 28645 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 |
| BROOKSTONE SCHOOLS OF MECKLENBURG COUNTY | |||||||
| PO BOX 30696 | CHARLOTTE | NC | 28230 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| CABARRUS COOPERATIVE CHRISTIAN MINISTRY INC | |||||||
| PO BOX 1717 | CONCORD | NC | 280261717 | N/A | PC | GENERAL OPERATING SUPPORT | $60,000 |
| CAROLINA CHRISTIAN STUDY CENTER INC | |||||||
| 203 BATTLE LANE | CHAPEL HILL | NC | 27514 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| CENTER FOR CHRISTIANITY AND SCHOLARSHIP | |||||||
| 608 N BUCHANAN BOULEVARD | DURHAM | NC | 27701 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 |
| CHARLOTTE RESCUE MISSION | |||||||
| PO BOX 33000 | CHARLOTTE | NC | 282333000 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| CHRISTIAN RECOVERY CENTER INC | |||||||
| PO BOX 3091 | SHALLOTTE | NC | 28459 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 |
| CONCORD SCHOOL BIBLE TEACHING ASSOCIATION | |||||||
| PO BOX 431 | CONCORD | NC | 280260431 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 |
| CROSS THE DIVIDE | |||||||
| 18128 MT WALKER DRIVE NE | POULSBO | WA | 98370 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| CROSSNORE COMMUNITIES FOR CHILDREN | |||||||
| PO BOX 249 | CROSSNORE | NC | 28616 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS ROAD | KANSAS CITY | MO | 64129 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| FORGIVEN MINISTRY INC | |||||||
| PO BOX 117 | TAYLORSVILLE | NC | 28681 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| FOUNDATION FOR THE CAROLINAS | |||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | N/A | PC | GENERAL OPERATING SUPPORT | $80,000 |
| FREEDOM FARM MINISTRIES INC | |||||||
| PO BOX 153 | BOONE | NC | 28607 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| GLOW MISSION | |||||||
| PO BOX 1242 | KANNAPOLIS | NC | 28082 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| HANDLEBARS OF HOPE INC | |||||||
| 520 COMMERCIAL STREET | EMPORIA | KS | 66801 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 |
| JAARS (JUNGLE AVIATION AND RADIO SERVICE) | |||||||
| PO BOX 248 | WAXHAW | NC | 28173 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 |
| LEADERSHIP INTERNATIONAL INC | |||||||
| PO BOX 637 | BRENTWOOD | TN | 37024 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 |
| LIFE CHOICES ROWAN | |||||||
| 847 S MAIN STREET | SALISBURY | NC | 28144 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| LIGONIER MINISTRIES INC | |||||||
| PO BOX 947595 | ATLANTA | GA | 30394 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| NATIONAL CENTER FOR HEALTHY VETERANS | |||||||
| 980 WARDS ROAD | ALTAVISTA | VA | 24517 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| OPEN DOOR HOUSE | |||||||
| PO BOX 41 | HARRISBURG | NC | 28075 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 |
| OPEN HANDS OF DAVIDSON COUNTY INC | |||||||
| PO BOX 409 | LEXINGTON | NC | 27293 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 |
| PAN-AFRICAN ACADEMY OF CHRISTIAN SURGEONS | |||||||
| 440 W COLFAX STREET 1458 | PALATINE | IL | 60067 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| PROVERBS 226 | |||||||
| 3919 PROVIDENCE ROAD B-114 | WAXHAW | NC | 28173 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 |
| RESTORATIVE TRANSITIONS INC | |||||||
| 112 BROADWAY STREET | DURHAM | NC | 27701 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| SALVATION ARMY - CONCORD | |||||||
| 216 PATTERSON AVENUE SE | CONCORD | NC | 28025 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| SAMARITAN'S PURSE | |||||||
| PO BOX 3000 | BOONE | NC | 28607 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 |
| WALLBUILDER PRESENTATIONS | |||||||
| PO BOX 397 | ALEDO | TX | 76008 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 |
| YOUNG LIFE MINISTRIES | |||||||
| PO BOX 5184 | HARLAN | IA | 515930684 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $500,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $266,754 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,432 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $51,874 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $323,060 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $323,060 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX COMPLIANCE | CategoryTxt |
| Amt | $4,088 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,088 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (38 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC | $49,531 | $49,531 |
| AMEREN CORP | $50,091 | $50,091 |
| AMERICAN TOWER CORP | $58,942 | $58,942 |
| BANK OF AMERICA CORP FXD TO 032025 VAR THRAFTR 6.1000% | $50,726 | $50,726 |
| BIOGEN INC | $50,312 | $50,312 |
| BK OF NEW YORK MELLON FXD TO 062026 VAR THRAFTR 4.6250% | $39,614 | $39,614 |
| BNSF FUNDING TRUST I FXD TO 012026 VAR THRAFTR 6.6130% | $62,056 | $62,056 |
| CONOCOPHILLIPS CO | $46,103 | $46,103 |
| DISCOVER FINANCIAL SERVICES | $39,934 | $39,934 |
| EXPEDIA INC | $49,020 | $49,020 |
| FIRST-CITIZENS BANK & TRUST CO | $62,784 | $62,784 |
| GENERAL ELECTRIC CO | $50,102 | $50,102 |
| GOLDMAN SACHS CAPITAL II FXD TO 062012 VAR THRAFTR 5.5284% | $42,738 | $42,738 |
| GOLDMAN SACHS GROUP FXD TO 112026 VAR THRAFTR 5.3000% | $49,938 | $49,938 |
| HASBRO INC | $48,749 | $48,749 |
| HEWLETT PACKARD ENTERPRISE CO | $40,444 | $40,444 |
| HOLLYFRONTIER CORP | $51,026 | $51,026 |
| KELLANOVA | $59,501 | $59,501 |
| KELLANOVA | $49,434 | $49,434 |
| KEYCORP FXD TO 092026 VAR THAFTR 5.000% | $58,500 | $58,500 |
| KRAFT HEINZ FOODS CO | $39,148 | $39,148 |
| LINCOLN NATIONAL CORP | $48,377 | $48,377 |
| M&T BANK CORP FXD TO 112026 VAR THRAFTR 5.1250% | $49,668 | $49,668 |
| MONSANTO CO | $43,343 | $43,343 |
| MORGAN STANLEY | $40,303 | $40,303 |
| MORGAN STANLEY FXD TO 092026 VAR THRAFTR 5.8750% | $50,392 | $50,392 |
| MS CONTINGENT 8.50% INCOME LINKED TO RUSSELL 2000 INDEX | $55,008 | $55,008 |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP | $37,555 | $37,555 |
| NATIONWIDE FINANCIAL SERVICES INC | $72,618 | $72,618 |
| PARAMOUNT GLOBAL | $38,886 | $38,886 |
| PARAMOUNT GLOBAL FXD TO 022027 VAR THRAFTR 6.25% | $58,545 | $58,545 |
| PNC FIN SERVICES GROUP INC FXD TO 112026 VAR THRAFTR 5.0000% | $49,613 | $49,613 |
| SYNOVUS FINANCIAL CORP FXD TO 022024 VAR THRAFTR 5.9000% | $79,018 | $79,018 |
| TRUIST FINANCIAL CORP FXD TO 092024 VAR THRAFTR 6.669% | $50,840 | $50,840 |
| US BANCORP FXD TO 042027 VAR THRAFTR 5.3000% | $124,761 | $124,761 |
| VMWARE INC | $114,029 | $114,029 |
| WALGREENS BOOTS ALLIANCE INC | $48,539 | $48,539 |
| WARNER MEDIA LLC | $39,971 | $39,971 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC COM | $88,850 | $88,850 |
| ALPHABET INC CL C | $476,100 | $476,100 |
| AMERICAN EXPRESS CO | $118,716 | $118,716 |
| AMGEN INC | $182,448 | $182,448 |
| APPLE INC | $250,420 | $250,420 |
| BANK OF AMERICA CORP | $439,500 | $439,500 |
| BERKSHIRE HATHAWAY A | $4,085,520 | $4,085,520 |
| BK OF AMERICA CORP 4.250% DP | $37,200 | $37,200 |
| BOSTON SCIENTIFIC CORP | $89,320 | $89,320 |
| BP PLC ADS | $29,560 | $29,560 |
| CISCO SYS INC | $198,912 | $198,912 |
| CITIGROUP INC NEW | $105,585 | $105,585 |
| CORNING INC | $71,280 | $71,280 |
| CVS HEALTH CORP COM | $85,291 | $85,291 |
| EATON CORP PLC SHS | $132,748 | $132,748 |
| EXXON MOBIL CORP | $75,299 | $75,299 |
| FEDEX CORP | $112,532 | $112,532 |
| FIRST CTZNS BANCSHARES INC N C | $112,200 | $112,200 |
| HOME DEPOT INC | $58,349 | $58,349 |
| JPMORGAN CHASE & CO | $215,739 | $215,739 |
| KINDER MORGAN INCORP | $49,704 | $49,704 |
| KONINKLUKE PHIL EL SP ADR NEW | $50,640 | $50,640 |
| LOWES COMPANIES INC | $246,800 | $246,800 |
| MERCK & CO INC NEW COM | $79,584 | $79,584 |
| MORGAN STANLEY 6.375% | $50,200 | $50,200 |
| NVIDIA CORPORATION | $107,432 | $107,432 |
| ORACLE CORP | $333,280 | $333,280 |
| PALO ALTO NETWORKS INC | $582,272 | $582,272 |
| PAYPAL HLDGS INC COM | $85,350 | $85,350 |
| PFIZER INC | $53,060 | $53,060 |
| RTX CORPORATION | $231,440 | $231,440 |
| SHELL PLC ADR | $81,445 | $81,445 |
| SOUTHERN CO | $82,320 | $82,320 |
| TJX COS INC NEW | $48,324 | $48,324 |
| UBER TECHNOLOGIES INC | $48,256 | $48,256 |
| VALERO ENERGY CP DELA NEW | $98,072 | $98,072 |
| VERIZON COMMUNICATIONS | $79,980 | $79,980 |
| WALT DISNEY CO HLDG CO | $167,025 | $167,025 |
| JPMORGAN PRIME MMKT CAPITAL | $218,725 | $218,725 |
| JPMORGAN PRIME MMKT CAPITAL (CJPXX) #3106 | $64,262 | $64,262 |
| JPMORGAN PRIME MMKT CAPITAL (CJPXX) #21106 | $65,198 | $65,198 |
| JPMORGAN PRIME MMKT CAPITAL (CJPXX) #2106 | $48,885 | $48,885 |
| JPMORGAN PRIME MMKT CAPITAL (CJPXX) #4106 | $32,572 | $32,572 |
| JPMORGAN PRIME MMKT CAPITAL (CJPXX) #42106 | $206,148 | $206,148 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $102,329 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $102,329 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ALERIAN MLP ETF | FMV | $101,136 | $101,136 |
| CARLYLE ENRG CR OPP II OFF | FMV | $59,251 | $59,251 |
| JPMORGAN EQUITY PREMIUM INCO | FMV | $97,801 | $97,801 |
| PIMCO ENHANCED SHRT MTRK EXC | FMV | $80,272 | $80,272 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $1,295 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $1,944 | $1,944 | $0 | $0 |
| POSTAGE EXPENSE | $23 | $0 | $0 | $23 |
| BOARD/COMMITTEE EXPENSE | $844 | $0 | $0 | $844 |
| INSURANCE | $1,010 | $0 | $0 | $1,010 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME | Desc |
| Revenue And Expenses Per Books | $4,432 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,432 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $2,033,349 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $83,320 | $0 | $0 | $70,345 |
| INVESTMENT FEES | $83,797 | $83,797 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $4,960 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |