SCHEICK-VERROCHI FAM FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SCHEICK-VERROCHI FAM FOUNDATION (EIN 04-3283183)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-08-08
- IRS object ID
- 201642219349100029
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-08T13:18:23-07:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONOVAN SULLIVAN & RYAN CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE UNIVERSITY AVE SUITE 2A | AddressLine1Txt |
| City | WESTWOOD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 020901245 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043283183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHEICK-VERROCHI FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHE | BusinessNameControlTxt |
| Phone | 7813291690 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O R DONOVAN ONE UNIVERSITY AVE | AddressLine1Txt |
| City | WESTWOOD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02090 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROLYN SCHEICK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7813291690 | PhoneNum |
| Signature | 2016-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICKARD D DONOVAN CPA | PreparerPersonNm |
| Phone | 7813291690 | PhoneNum |
| Preparation | 2016-08-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,639,039 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $54,115 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $54,115 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $248,315 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,578,885 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $248,315 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $302,430 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $302,430 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $30,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $9,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $21,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,200 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $20,345 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $20,345 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $250 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $250 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $2,421 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,421 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $908 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $612 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $60,124 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,207 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $23,421 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $73,963 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $73,963 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $134,087 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,207 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $97,384 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $168,343 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $272,223 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $35,997 | CashBOYAmt |
| Cash EOY | $34,386 | CashEOYAmt |
| Cash EOYFMV | $34,386 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $13,257 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $142,383 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $142,383 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,482,754 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,523,582 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,462,270 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,149 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,149 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $0 | LandEOYAmt |
| Total Assets BOY | $1,532,008 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,700,351 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,639,039 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,532,008 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,700,351 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,532,008 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,700,351 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,532,008 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,700,351 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,532,008 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $168,343 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,700,351 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,700,351 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SEE ATTACHED PDF FILE SCHEDULES | P | 1951-03-20 | 2015-12-04 | $224,624 | $0 | $271,325 | -$46,701 | $0 | $0 | $0 | -$46,701 |
| SEE ATTACHED PDF FILE SCHEDULES | P | 2013-05-08 | 2015-03-20 | $1,354,261 | $0 | $1,059,245 | $295,016 | $0 | $0 | $0 | $295,016 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $248,315 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $86,975 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,818,104 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047838 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $73,522 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,721,346 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.042712 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $81,555 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,608,942 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050689 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $75,290 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,641,097 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045878 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $83,719 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,674,261 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050004 | DistributionYr5Rt |
| Total Distribution | 0.237121 | TotalDistributionRt |
| Average Distribution | 0.047424 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,719,065 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $81,525 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,722 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $84,247 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $97,384 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,722 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,722 | SubtotalAmt |
| Tax Based On Investment Income | $2,722 | TaxBasedOnInvestmentIncomeAmt |
| Original Return Tax Paid | $0 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $2,722 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | MA | 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 |
| Individual With Books | WILLIAM H SCHEICK | IndividualWithBooksNm |
| Phone | 7813291690 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1020 DICKINSON CIRCLE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 276148603 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| CAROLYN R SCHEICK | ||||||||
| 1020 DICKINSON CIRCLE | RALEIGH | NC | 27614 | PRESIDENT | 10.00 | $15,000 | $0 | $0 |
| WILLIAM H SCHEICK | ||||||||
| 1020 DICKINSON CIRCLE | RALEIGH | NC | 27614 | TREASURER | 10.00 | $15,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,632,231 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $113,013 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,745,244 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,745,244 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $26,179 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,719,065 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $85,953 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $85,953 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,722 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,722 | TotalTaxAmt |
| Distributable Before Adj | $83,231 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $83,231 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $83,231 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $97,384 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $97,384 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,722 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $94,662 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $83,231 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $88,974 | UndistributedIncomePYAmt |
| Qualifying Distributions | $97,384 | QualifyingDistributionsAmt |
| Applied To Year1 | $88,974 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $8,410 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $8,410 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $8,410 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $74,821 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| MARIPOSA SCHOOL | ||||||
| 203 GREGSON DRIVE | CARY | NC | 27511 | N/A | UNRESTRICTEDCHARITABLE GIFT | $0 |
| SAFECHILD | ||||||
| 864 W MORGAN ST | RALEIGH | NC | 27603 | N/A | UNRESTRICTEDCHARITABLE GIFT | $1,000 |
| CALVARY MINISTRIES OF THE WESTEND COMMMUNITY | ||||||
| P O BOX 51398 | DURHAM | NC | 27717 | N/A | UNRESTRICTEDCHARITABLE GIFT | $0 |
| THE CARYING PLACE | ||||||
| P O BOX 622 | CARY | NC | 27512 | N/A | UNRESTRICTEDCHARITABLE GIFT | $11,000 |
| READ SEED | ||||||
| 3020 PICKETT RD SUITE 120 | DURHAM | NC | 27705 | N/A | UNRESTRICTEDCHARITABLE GIFT | $0 |
| REENTRY INC | ||||||
| P O BOX 724 | RALEIGH | NC | 27602 | N/A | UNRESTRICTEDCHARITABLE GIFT | $10,000 |
| CENTER FOR CHILD & FAMILY HEALTH | ||||||
| 411 WEST CHAPEL HILL ST | DURHAM | NC | 27701 | N/A | UNRESTRICTEDCHARITABLE GIFT | $0 |
| ASSISTANCE LEAGUE OF RALEIGH | ||||||
| P O BOX 99459 | RALEIGH NC | NC | 27624 | N/A | UNRESTRICTEDCHARITABLE GIFT | $0 |
| SALVATION ARMY OF WAKE COUNTY | ||||||
| 215 PERSON RD | RALEIGH | NC | 27601 | N/A | UNRESTRICTEDCHARITABLE GIFT | $4,000 |
| FOOD BANK OF CENTRALEASTERN NC | ||||||
| 3808 TARHEEL DRIVE | RALEIGH | NC | 27609 | N/A | UNRESTRICTEDCHARITABLE GIFT | $10,000 |
| HOSPICE OF WAKE COUNTY (NC) | ||||||
| 250 HOSPICE CIRCLE | RALEIGH | NC | 27607 | N/A | UNRESTRICTEDCHARITABLE GIFT | $4,000 |
| POLICE PROTECTIVE | ||||||
| RALEIGH NC | RALEIGH | NC | 27607 | N/A | UNRESTRICTEDCHARITABLE GIFT | $0 |
| HOPE ELEMENTARY CHARTER SCHOOL | ||||||
| 1116 NORTH BLOUNT ST | RALEIGH | NC | 27604 | N/A | CHARITABLEUNRESTRICTEDGIFT | $7,663 |
| HAYES PLACE | ||||||
| 6225 BRIDGEMONT LANE | WILLOW SPRINGS | NC | 27592 | N/A | CHARITABLEUNRESTRICEDGIFT | $2,000 |
| INTER-FAITH FOOD SHUTTLE | ||||||
| P O BOX 14638 | RALEIGH | NC | 27620 | N/A | CHARITABLEUNRESTRICTEDGIFT | $2,000 |
| REBOUND | ||||||
| 811 NINETH ST 120-210 | DURHAM | NC | 27705 | N/A | CHARITABLEUNRESTRICTEDGIFT | $4,000 |
| WESTEND COMMUNITY | ||||||
| P O BOX 51398 | DURHAM | NC | 27717 | N/A | CHARITABLEURESTRICTEDGIFT | $13,000 |
| DRESS FOR SUCCESS | ||||||
| 1058 WEST CLUB BLVD 634 | DURHAM | NC | 27701 | N/A | CHARITABLEUNRESTRICTEDGIFT | $1,500 |
| FELLOWSHIP HALL | ||||||
| 5140 DUNSTAN ROAD | GREENSBORO | NC | 27405 | N/A | CHARITABLEUNRESTRICTEDGIFT | $2,800 |
| AMAZING GRACE | ||||||
| 9203 BAILEYWICK ROAD | RALEIGH | NC | 27614 | N/A | CHARITABLEUNRESTRICTEDGIFT | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $73,963 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Related Or Exempt Function Incm | $54,115 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Related Or Exempt Function Incm | $248,315 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $302,430 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $302,430 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees ACCOUNTING SERVICES | CategoryTxt |
| Amt | $6,200 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | OFFICE EQUIPMENT | PropertyDesc |
| Acquired | 2007-06-30 | AcquiredDt |
| Cost Or Other Basis | $10,149 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $10,149 | PriorYearDepreciationAmt |
| Computation Method | 200DB | ComputationMethodTxt |
| Life | 5.00 | LifeRt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | MARKETABLE SECURITIES | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
Purchaser Name PurchaserNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NA | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | $1,578,885 | GrossSalesPriceAmt |
| Basis | $1,330,570 | BasisAmt |
| Total Net | $248,315 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Marketable Securities - At NBV | StockNm |
| EOY Book Value | $1,523,582 | EOYBookValueAmt |
| EOYFMV | $1,462,270 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Office Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $10,149 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $10,149 | AccumulatedDepreciationAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Non-personnel expenses:Computer supplies and expenses | $261 | |
| Non-personnel expenses:Postage, shipping, delivery | $35 | |
| Bank Fees | $38 | $38 |
| Non-personnel expenses:Supplies | $574 | $574 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unexpired call sales ( ..8036) | Desc |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unexpired call sales ( ..8036) | Desc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BB&T WEALTH INVESTMENT ADVISORY | CategoryTxt |
| Amt | $20,345 | Amt |
| Net Investment Income | $20,345 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Business expenses:Federal Tax on Invest. Income | $162 | $162 |
| Business expenses:Taxes - other | $88 | $88 |