THE GOLDEN L E A F LONG-TERM ECONOMIC ADVANCEMENT FOUNDATION IN: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE GOLDEN L E A F LONG-TERM ECONOMIC ADVANCEMENT FOUNDATION IN (EIN 52-2204473)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-10-09
- IRS object ID
- 201542829349300124
- Schema version
- 2014v5.0
- 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
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-10-09T11:36:46-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 8TH FLOOR | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522204473 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Golden LEAF Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BETH EDMONDSON | InCareOfNm |
| Business Name Control | GOLD | BusinessNameControlTxt |
| Phone | 2524427474 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 N Winstead Avenue | AddressLine1Txt |
| City | Rocky Mount | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL J GERLACH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2015-10-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mike Sorrells | PreparerPersonNm |
| PTIN | P00001737 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Daniel J Gerlach | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 N Winstead Ave | AddressLine1Txt |
| City | Rocky Mount | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $223,824,116 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.goldenleaf.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | SEE PART III, LINE 1 | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $663,276 | TotalGrossUBIAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $513,851 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $42,563,127 | PYInvestmentIncomeAmt |
| CY Investment Income | $36,798,924 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,498 | PYOtherRevenueAmt |
| CY Other Revenue | $9,280 | CYOtherRevenueAmt |
| PY Total Revenue | $42,567,625 | PYTotalRevenueAmt |
| CY Total Revenue | $37,322,055 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,162,211 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $35,362,734 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,857,975 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,912,444 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $27,795,465 | PYOtherExpensesAmt |
| CY Other Expenses | $2,853,072 | CYOtherExpensesAmt |
| PY Total Expenses | $61,815,651 | PYTotalExpensesAmt |
| CY Total Expenses | $40,128,250 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$19,248,026 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,806,195 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $956,849,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $941,156,934 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $75,031,265 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $69,494,824 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $881,817,809 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $871,662,110 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GOLDEN LEAF'S MISSION IS TO PROMOTE THE SOCIAL WELFARE OF NORTH CAROLINA'S CITIZENS AND TO RECEIVE AND DISTRIBUTE FUNDS FOR ECONOMIC IMPACT ASSISTANCE TO ECONOMICALLY AFFECTED OR TOBACCO-DEPENDENT REGIONS OF NORTH CAROLINA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $36,610,528 | ExpenseAmt |
| Grant | $35,362,734 | GrantAmt |
| Desc | The primary purpose for which this Corporation was formed is to promote the social welfare and lessen the burdens of government by receiving and distributing funds to be used to provide economic impact assistance to economically affected or tobacco-dependent regions of North Carolina. In accordance with the consent decree and final judgment in state of north Carolina V. Phillip Morris Incorporated, ET AL., 98 CVS 14377. Activities in which the corporation may engage in the state of North Carolina include, but are not limited to, the following: 1. Education Assistance- provision of funds for educational programs for tobacco farmers and other workers impacted or projected to be impacted by the decline in demand for and/or production of tobacco or tobacco products. 2.Job training and employment assistance - Provision of loans and grants, to be used for job training and other employment-related programs to organizations assisting tobacco farmers and other workers dependent on tobacco farming, production and sales to transition to other sources of income. 3.Scientific research - Provision of funding for scientific research to develop new uses for tobacco or for the development of alternative cash crops. 4.Economic hardship assistance - Provision of direct grants, loans and other assistance programs to alleviate economic hardship, poverty or need experienced by tobacco farmers, quota owners, their families and others as a result of decline in quota and/or production of tobacco or tobacco products. 5.Public works and industrial recruitment - Provision of grants and loans to local governments for upgrading utilities, transportation, and other public service infrastructure to attract new businesses or for more general economic development purposes. 6.Health and human services - Provision of funding for improved health care and other social services needed to maintain the stability of tobacco-dependent communities. 7.Community assistance - Provision of direct grants and loans to economically depressed and deteriorating tobacco-dependent communities to be used exclusively for public purposes. | Desc |
| Total Program Service Expenses | $36,610,528 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 18 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EI | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETH EDMONDSON | PersonNm |
| Phone | 2524427474 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 N WINSTEAD AVE | AddressLine1Txt |
| City | rocky mount | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27804 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| MURCHISON BIGGS | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| BRITT COBB | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $1,352 | $0 | $0 | |
| S LAWRENCE DAVENPORT | |||||||
| TREASURER | 3.0 | 0.0 | Yes (X) | $1,040 | $0 | $0 | Yes (X) |
| BARRY Z DODSON | |||||||
| VICE CHAIR | 3.0 | 0.0 | Yes (X) | $1,352 | $0 | $0 | Yes (X) |
| DON FLOW | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| CLAUDINE GIBSON | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| BILLY RAY HALL | |||||||
| ASST SECRETARY | 3.0 | 0.0 | Yes (X) | $936 | $0 | $0 | Yes (X) |
| TOMMY HESTER | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| RANDY ISENHOWER | |||||||
| SECRETARY | 3.0 | 0.0 | Yes (X) | $1,144 | $0 | $0 | Yes (X) |
| DR JAMES H JOHNSON | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $728 | $0 | $0 | |
| CAROLYN JUSTICE | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $728 | $0 | $0 | |
| JOHNATHAN RHYNE | |||||||
| CHAIR | 15.0 | 0.0 | Yes (X) | $936 | $0 | $0 | Yes (X) |
| DAVID L ROSE | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $936 | $0 | $0 | |
| DAVID M STOVER | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| RALPH STRAYHORN | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $1,248 | $0 | $0 | |
| TOM TAFT | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| JEROME VICK | |||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $832 | $0 | $0 | |
| DANIEL J GERLACH | |||||||
| PRESIDENT | 40.0 | 0.0 | $192,284 | $0 | $39,302 | Yes (X) | |
| MARK A SORRELLS | |||||||
| SENIOR VICE PRESIDENT | 40.0 | 0.0 | $172,178 | $0 | $33,682 | Yes (X) | |
| PETER J CERA | |||||||
| VP INVESTMENTS | 40.0 | 0.0 | $172,974 | $0 | $37,193 | Yes (X) | |
| PATRICIA CABE-CANTRELL | |||||||
| VP PROGRAMS/COMM. ASST. & OUTR | 40.0 | 0.0 | $114,183 | $0 | $26,782 | Yes (X) | |
| EDWARD P LORD | |||||||
| VP PROGRAMS/STAFF ATTORNEY | 40.0 | 0.0 | $113,053 | $0 | $30,842 | Yes (X) | |
| BETH A EDMONDSON | |||||||
| CONTROLLER | 30.0 | 0.0 | $95,775 | $0 | $23,636 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $871,679 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $191,437 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DRZ | |||||
| 250 Park Ave South suite 250 | WINTER PARK | FL | 32789 | Investment Mngmt | $500,048 |
| Silchester INternational INvestors | |||||
| 780 Third Ave 42nd floor | NEW YORK | NY | 10017 | Investment Mngmt | $478,825 |
| Artisan Partners | |||||
| 5 Concourse Parkway Suite 2120 | ATLANTA | GA | 30328 | Investment Mngmt | $289,928 |
| Prime Buchholz Associates Inc | |||||
| 25 Chestnut Street | PORTSMOUTH | NH | 03801 | Invest. consulting | $279,847 |
| Stralem Company Inc | |||||
| 645 madison ave 13th floor | NEW YORK | NY | 10022 | Invest. mgmt. | $241,926 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $513,851 | AllOtherContributionsAmt |
| Total Contributions | $513,851 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,759,107 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $663,276 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,095,831 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $214,541,878 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $186,502,061 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,039,817 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,039,817 | TotalRevenueColumnAmt |
| Exclusion | $28,039,817 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $9,280 | TotalRevenueColumnAmt |
| Exclusion | $9,280 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,280 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,322,055 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $663,276 | UnrelatedBusinessRevenueAmt |
| Exclusion | $36,144,928 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,362,734 | TotalAmt |
| Program Services | $35,362,734 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,081,745 | TotalAmt |
| Program Services | $595,993 | ProgramServicesAmt |
| Management And General | $485,752 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $550,815 | TotalAmt |
| Program Services | $419,042 | ProgramServicesAmt |
| Management And General | $131,773 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,715 | TotalAmt |
| Program Services | $40,780 | ProgramServicesAmt |
| Management And General | $12,935 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,792 | TotalAmt |
| Program Services | $92,788 | ProgramServicesAmt |
| Management And General | $34,004 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,377 | TotalAmt |
| Program Services | $65,481 | ProgramServicesAmt |
| Management And General | $33,896 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,747 | TotalAmt |
| Management And General | $170,747 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,423 | TotalAmt |
| Management And General | $39,423 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,301,995 | TotalAmt |
| Management And General | $2,301,995 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500 | TotalAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,199 | TotalAmt |
| Management And General | $7,199 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,526 | TotalAmt |
| Management And General | $39,526 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,558 | TotalAmt |
| Management And General | $48,558 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,536 | TotalAmt |
| Management And General | $76,536 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,540 | TotalAmt |
| Program Services | $33,320 | ProgramServicesAmt |
| Management And General | $9,220 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $390 | TotalAmt |
| Program Services | $390 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,660 | TotalAmt |
| Management And General | $21,660 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| UNRELATED BUSINESS INC TAX | $21,086 | $21,086 | $0 |
| BOARD OF DIRECTORS EXPENSES | $45,825 | $45,825 | |
| CAPITAL OUTLAYS | $24,251 | $24,251 | |
| DUES AND MEMBERSHIPS | $9,229 | $9,229 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,607 | TotalAmt |
| Management And General | $2,607 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,128,250 | TotalAmt |
| Program Services | $36,610,528 | ProgramServicesAmt |
| Management And General | $3,517,722 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $636,364 | BOYAmt |
| EOY | $423,895 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325 | BOYAmt |
| EOY | $5,110 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,568 | BOYAmt |
| EOY | $203,318 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,554 | BOYAmt |
| EOY | $100,582 | EOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $395,849,553 | BOYAmt |
| EOY | $284,367,133 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $560,045,710 | BOYAmt |
| EOY | $656,056,896 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $956,849,074 | BOYAmt |
| EOY | $941,156,934 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,569 | BOYAmt |
| EOY | $135,239 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,896,696 | BOYAmt |
| EOY | $69,359,585 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,031,265 | BOYAmt |
| EOY | $69,494,824 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $881,817,809 | BOYAmt |
| EOY | $871,662,110 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $881,817,809 | BOYAmt |
| EOY | $871,662,110 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $956,849,074 | BOYAmt |
| EOY | $941,156,934 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,806,195 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$13,337,491 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,987,987 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $69,128,105 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,489,443 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $105,581,136 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $513,851 | CurrentTaxYearAmt |
| Total | $245,712,535 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $69,128,105 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,489,443 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $105,581,136 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $513,851 | CurrentTaxYearAmt |
| Total | $245,712,535 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $245,712,535 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,247,547 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,888,370 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,250,562 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,504,307 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,759,107 | CurrentTaxYearAmt |
| Total | $46,649,893 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $87,492 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$1,083,463 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $74,693 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,814 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $624,409 | CurrentTaxYearAmt |
| Total | -$263,055 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,686 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,569 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,202 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,498 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,280 | CurrentTaxYearAmt |
| Total | $34,235 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $292,133,608 | TotalSupportAmt |
| Public Support CY170 | 0.84110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88452 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $2,179 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $2,179 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Lobbying Activity - Form 990, Schedule C, Part II-B, LIne 1G | FormAndLineReferenceDesc |
| Explanation | These expenses represent salary and benefit costs for our president's time spent lobbying members of the NC general assemply related to legislation affecting Golden Leaf funding and educating legislators and their staff on the mission of the foundation and its work. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp | |
| Leasehold Improvements | LeaseholdImprovementsGrp | |
| Equipment | EquipmentGrp | |
| Other Land Buildings | OtherLandBuildingsGrp | |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (39 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ACADIAN GLOBAL MANAGED | $47,084,038 | F |
| AG REALTY FND VII(TE)&FND VIII | $11,629,180 | F |
| ARCHSTONE OFFSHORE FUND, LTD | $25,598,980 | F |
| AURORA VENTURES IV & V | $6,116,138 | F |
| BEACON CPTL STRTEGIC PTRS V&VI | $5,037,843 | F |
| SWIFTCURRENT OFFSHORE, LTS | $23,250,017 | F |
| CANTILLON GLOBAL VALUE FUND | $42,892,017 | F |
| CARLYLE VENTURE PARTNERS II,LP | $2,873,168 | F |
| CAROUSEL CAPITAL PTRS III IV | $8,450,532 | F |
| CBRE CLARION GLOBAL REAL | $39,364,197 | F |
| COLONY INVESTORS VIII, L.P | $1,880,800 | F |
| DENHAM COMMODITY PTRS FND V&VI | $3,347,765 | F |
| DIVERSIFIED PNRS OFFSHORE FUND | $608,789 | F |
| ENCAP ENERGY CPTL FND/FLATROCK | $8,728,345 | F |
| FARALLON CAPITAL INSTITUTIONAL | $19,532,164 | F |
| FPA HAWKEYE FUND, LLC | $23,269,966 | F |
| HIGHLINE CAPITAL INTL, LTD | $27,426,793 | F |
| KING STREET CAPITAL, LTD | $21,823,798 | F |
| LEXINGTON CAPITAL PTRS V & LCP | $5,097,871 | F |
| LONE CASCADE, L.P | $26,817,989 | F |
| MATLIN PATTERSON GLOBAL OPP | $5,020,407 | F |
| OCH-ZIFF REAL ESTATE FUND III | $930,217 | F |
| OZ OVERSEAS FUND II, LTD | $23,858,962 | F |
| Q-BLK PRIVATE CAPITAL II, L.P | $7,878,608 | F |
| SHEPHERD INVESTMENTS INTL, LTD | $757,031 | F |
| SHERIDAN PRODUCTION PTRS I-B | $8,441,000 | F |
| SILCHESTER INTL VALUE EQUITY | $66,042,174 | F |
| SILVERPOINT CPTL OFFSHORE FUND | $601,342 | F |
| SYNERGY LIFE SCIENCE PTRS, L.P | $2,756,024 | F |
| REALTY ASSOC. FND VIII,IX & X | $21,213,214 | F |
| TACONIC OPP. OFFSHORE FUND,LTD | $22,958,607 | F |
| THOMAS H LEE EQUITY FUND VI,LP | $4,669,272 | F |
| VARDE CREDIT PARTNERS | $14,081,344 | F |
| VARDE FUND IX, X & XI | $22,490,491 | F |
| WARBURG PINCUS X | $11,474,381 | F |
| WELLINGTON ARCHIPELAGO | $28,753,089 | F |
| WELLINGTON BAY POND | $34,138,628 | F |
| WELLINGTON CTF EMERGING MARKET | $17,098,934 | F |
| WELLINGTON CTF COMMODITIES II | $12,062,781 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $656,056,896 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $21,682,569 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$13,337,491 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$13,337,491 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,020,060 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,301,995 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $2,301,995 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $37,322,055 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $31,838,268 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $31,838,268 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,301,995 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $5,987,987 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,289,982 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,128,250 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE D, PART XII, LINE 4B | FormAndLineReferenceDesc |
| Explanation | CANCELLED GRANTS 5,987,987 | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| North America | Investments | $34,138,628 |
| North America | Investments | $28,753,089 |
| Central America and the Caribbean | Investments | $27,426,793 |
| Central America and the Caribbean | Investments | $21,823,798 |
| Central America and the Caribbean | Investments | $757,031 |
| Central America and the Caribbean | Investments | $25,598,980 |
| Central America and the Caribbean | Investments | $23,858,962 |
| Central America and the Caribbean | Investments | $23,250,017 |
| Central America and the Caribbean | Investments | $22,958,607 |
| Central America and the Caribbean | Investments | $14,081,344 |
| Central America and the Caribbean | Investments | $4,009,405 |
| Central America and the Caribbean | Investments | $608,789 |
| Central America and the Caribbean | Investments | $601,342 |
| Europe (Including Iceland and Greenland) | Investments | $42,892,017 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $270,758,802 | SubtotalSpentAmt |
| Total Spent | $270,758,802 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (75 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Alexander County Government | |||||||
| 621 Liledoun Rd | Taylorsville | NC | 28681 | 566000272 | Gov't Entity | $930,560 | Shurtape Wastewater Extension |
| Alleghany County Library | |||||||
| PO Box 656 | Sparta | NC | 28675 | 566021060 | 501(c)(3) | $330,000 | Alleghany County Library Facility Expansion 2014-2015 |
| Appalachian State University | |||||||
| PO Box 32174 | Boone | NC | 286082174 | 561176030 | Education | $175,000 | College of Health Sciences Rural Health Outreach C Initiative: Educating for the 21st Century |
| Appalachian Sustainable Agri | |||||||
| 306 W Haywood St | Asheville | NC | 28801 | 061642769 | 501(c)(3) | $95,000 | Using Appalachian Grown Branding to Connect Farmer Locally Grown Globally Ready |
| Ashe Memorial Hospital | |||||||
| 200 Hospital Ave | Jefferson | NC | 28640 | 560603900 | 501(c)(3) | $946,152 | Increasing Access and Quality of Care in the ED |
| Avery County Schools | |||||||
| 775 Cranberry St | Newland | NC | 28657 | 566000990 | Gov't Entity | $750,000 | BUILD: Building a Unified Innovative Learning Dist |
| Beaufort Co Comm College | |||||||
| PO Box 1069 | Washington | NC | 27889 | 560894923 | Education | $97,075 | Agribusiness Program Implementation & Support Project |
| Bladen Community College | |||||||
| PO Box 266 | Dublin | NC | 283320266 | 560894927 | Education | $500,000 | STEM and Advanced Manufacturing Technology Trainin Ennis-Flint |
| Bladen County Schools | |||||||
| PO Box 37 | Elizabethtown | NC | 28337 | 566000992 | Education | $300,656 | Bladen STEM Academy |
| Blue Ridge Comm Health Svcs | |||||||
| 2579 Chimney Rock Rd | Hendersonville | NC | 28704 | 560794933 | 501(c)(3) | $400,000 | BRCHS and Wingate University Rural Healthcare Educ |
| Burke County | |||||||
| PO Box 219 | Morganton | NC | 286800219 | 566000280 | Gov't Entity | $100,000 | Broughton Hospital Facilities Use Study |
| Caldwell Community College | |||||||
| 2855 Hickory Blvd | Hudson | NC | 28638 | 560817481 | Education | $400,000 | Technology, Engineering, and Advanced Manufacturin Researchers |
| Cane Creek Water & Sewer Dist | |||||||
| 100 N King St | Hendersonville | NC | 28792 | 566000307 | Gov't Entity | $200,000 | Sewer Expansion Project to Serve Tri-Hishtil |
| Caswell County Schools | |||||||
| PO Box 160 | Yanceyville | NC | 27379 | 566001002 | Education | $200,000 | 1:1 Caswell Flow Program Technology Upgrade |
| Catawba Valley Comm College | |||||||
| 2550 US Hwy 70E | Hickory | NC | 286028302 | 560792028 | Education | $750,000 | Innovate Catawba Expansion |
| Catawba Valley Comm College | |||||||
| 2550 US Hwy 70E | Hickory | NC | 286028302 | 560792028 | Education | $200,000 | Knitting Equipment for Training and New Business S |
| Catawba Valley Comm College | |||||||
| 2550 US Hwy 70E | Hickory | NC | 286028302 | 560792028 | Education | $250,000 | Project Pegasus WWPS Improvement Project |
| Catawba Valley Comm College | |||||||
| 2550 US Hwy 70E | Hickory | NC | 286028302 | 560792028 | Education | $275,000 | Catawba Valley Furniture Academy |
| Ctr For Creative Leadership | |||||||
| PO Box 26300 | Greensboro | NC | 274386300 | 237079591 | Gov't Entity | $2,000,000 | Golden LEAF Scholars Leadership Program 2015-2016 |
| City of Graham | |||||||
| PO Drawer 357 | Graham | NC | 27253 | 566001234 | Gov't Entity | $250,000 | Melville Commerce Parkway Extension/Project Quarte |
| City of Greenville | |||||||
| PO Box 7207 | Greenville | NC | 278357207 | 566000229 | Gov't Entity | $539,445 | Project Revere Interactive and Accessible Instructional Technology |
| City of Kannapolis | |||||||
| PO Box 1199 | Kannapolis | NC | 280821199 | 561452469 | Gov't Entity | $453,300 | Project Jordan |
| The City of Kings Mountain | |||||||
| PO Box 429 | Kings Mountain | NC | 28086 | 566001258 | Gov't Entity | $300,000 | Turbo & Bulldog Metals (2014-15) |
| City of Lumberton | |||||||
| PO Box 1388 | Lumberton | NC | 28359 | 566001274 | Gov't Entity | $300,000 | Sanderson Farms Hatchery Sewer Project |
| East Carolina University | |||||||
| 300 E First St | Greenville | NC | 27858 | 566000403 | Gov't Entity | $1,100,000 | Pharmaceutical Development and Manufacturing Cente |
| Elizabeth City State Univ | |||||||
| 1704 Weeksville Rd | Elizabeth City | NC | 27909 | 561047680 | Education | $1,100,000 | Strengthening Aviation Education and Workforce in |
| Fayetteville Tech Comm Coll | |||||||
| PO Box 35236 | Fayetteville | NC | 28303 | 560791849 | Gov't Entity | $200,000 | Collision Auto Repair Training & Advancement Initiatives |
| Goshen Medical Center Inc | |||||||
| PO Box 187 | Faison | NC | 283410187 | 561209062 | 501(c)(3) | $200,000 | GMC Tabor City Healthcare Necrosis in Sweet Potatoes |
| Greene County Schools | |||||||
| 301 Kingold Blvd | Snow Hill | NC | 28580 | 566001039 | Education | $75,000 | Project Greene STEM Leadership in Agriculture |
| Hoke County Schools | |||||||
| 310 Wooley St | Raeford | NC | 28376 | 566001051 | Education | $1,000,000 | Pathways to Health Careers Vehicle Systems for Precision Agriculture |
| Hugh Chatham Memorial Hosp | |||||||
| 180 Parkwood Dr | Elkin | NC | 28621 | 560642846 | 501(c)(3) | $200,000 | High Chatham Urgent Care and Corporate Care Buildi |
| Laurinburg-Maxton Airport | |||||||
| 16701 Airport Rd | Maxton | NC | 28364 | 566018132 | Gov't Entity | $385,900 | Water & Waste Improvements for Project Smiley Agriscience Workforce |
| Madison County Public Schools | |||||||
| 5740 US Hwy 25-70 | Marshall | NC | 28753 | 566001070 | Education | $134,000 | Machining in Madison Infrastructure Project |
| Mars Hill University | |||||||
| PO Box 370 | Mars Hill | NC | 28754 | 560554207 | Education | $500,000 | Mars Hill University School of Nursing |
| Martin Community College | |||||||
| 1161 Kehukee Park Rd | Williamston | NC | 28364 | 560895914 | Education | $300,000 | Industrial Systems Workforce Training |
| Mitchell County Schools | |||||||
| 72 Ledger School Rd | Bakersville | NC | 28705 | 566001075 | Education | $150,000 | The Mitchell Community Health Education and Suppor |
| Mitchell County Schools | |||||||
| 72 Ledger School Rd | Bakersville | NC | 28705 | 566001075 | Education | $350,000 | Innovative Discovery STEM Education Program |
| Montgomery Community College | |||||||
| 1011 Page St | Troy | NC | 27371 | 560895349 | Education | $400,000 | Building and Program Expansion Care |
| Montgomery County Schools | |||||||
| 441 Page St | Troy | NC | 27371 | 566001076 | Gov't Entity | $200,000 | ACCESS: A Culture Creating Effective Systems for S Competitive Manufacturing Technology |
| Nash-Rocky Mount Public Sch | |||||||
| 930 Eastern Ave | Nashville | NC | 27856 | 561766036 | Education | $200,000 | Workforce Aligned STEM Centers |
| NC Agricultural Foundation | |||||||
| Campus Box 7645 | Raleigh | NC | 276957645 | 566049304 | 501(c)(3) | $3,000,000 | Plant Sciences Initiative - Phase 2 |
| NC Coastal Land Trust | |||||||
| 131 Racine Dr Suite 202 | Wilmington | NC | 28403 | 561791849 | 501(c)(3) | $50,000 | Phase 4, Encroachment Partnership with the US Mari Development (HIAMS) |
| NC Community College System | |||||||
| 5016 Mail Service Center | Raleigh | NC | 276995016 | 561288079 | Education | $750,000 | Golden LEAF Scholars Program - Two-Year Colleges ( |
| NC New Schools Project Inc | |||||||
| 4600 Marriott Dr Suite 510 | Raleigh | NC | 276123307 | 204031703 | 501(c)(3) | $200,000 | Innovative Rural Schools Project |
| NC State Ed Assistance Auth | |||||||
| PO Box 14103 | RTP | NC | 277094103 | 900145439 | Gov't Entity | $2,302,000 | Golden LEAF Scholars Program 2015-16 |
| Oppor Indust Ctr (RMOIC) | |||||||
| PO Box 2723 | Rocky Mount | NC | 27802 | 560946196 | 501(c)(3) | $134,822 | Integrated Medical Home |
| Pamlico Community College | |||||||
| PO Box 185 | Grantsboro | NC | 28529 | 560894229 | Education | $103,900 | New Directions for Electrical Systems Technology i |
| Pitt Community College | |||||||
| PO Drawer 7007 | Greenville | NC | 278357007 | 560793335 | Gov't Entity | $650,000 | Creating a Biopharmaceutical Work Force Developmen |
| Richmond Community College | |||||||
| PO Box 1189 | Hamlet | NC | 28345 | 560818376 | Gov't Entity | $235,343 | Expanding the Healthcare Workforce in Scotland Cou |
| Richmond Community College | |||||||
| PO Box 1189 | Hamlet | NC | 28345 | 560818376 | Gov't Entity | $750,000 | Richmond County STEM Transformation |
| Rockingham County Government | |||||||
| PO Box 66 | Wentworth | NC | 27375 | 566001527 | Gov't Entity | $600,000 | Project Hawk |
| Sampson County | |||||||
| 406 County Complex Rd Bldg C | Clinton | NC | 28328 | 566000338 | Gov't Entity | $554,680 | General Support |
| Sampson Regional Medical Ctr | |||||||
| 607 Beaman St | Clinton | NC | 28328 | 560562304 | 501(c)(3) | $352,300 | SRMC Family Medicine Residency Program |
| Sandhills Community College | |||||||
| 3395 Airport Rd | Pinehurst | NC | 28374 | 560797051 | Gov't Entity | $750,000 | The Rural Triad Mechatronics Training Center |
| Scotland Memorial Foundation | |||||||
| 500 Lauchwood Dr | Laurinburg | NC | 28352 | 581828201 | 501(c)(3) | $841,800 | Scotland Memorial Access to Care Expansion Project |
| Southeastern Regional Medical | |||||||
| PO Box 1408 | Lumberton | NC | 28358 | 560530233 | 501(c)(3) | $500,000 | SEH Medical Residency School |
| Stokes County Arts Council | |||||||
| PO Box 66 | Danbury | NC | 27016 | 510189471 | 501(c)(3) | $100,000 | Dan River Arts & Visitors Center Hospitality Education Initiative |
| Stokes County Schools | |||||||
| PO Box 50 | Danbury | NC | 27016 | 566001116 | Gov't Entity | $200,000 | Charting the Course for Engaged, Literate, Future- |
| Town of Burnsville | |||||||
| PO Box 97 | Burnsville | NC | 28714 | 566001190 | Gov't Entity | $120,000 | Town of Burnsville/Yancey County Commercial Park I Learners: 1:1 Laptops for CECHS Students |
| Town of Elizabethtown | |||||||
| PO Box 716 | Elizabethtown | NC | 28337 | 566001217 | Gov't Entity | $197,000 | Elizabethtown Airport/Industrial Park & Master Pla |
| Town of Maysville | |||||||
| PO Box 265 | Maysville | NC | 285550265 | 560946816 | Gov't Entity | $200,000 | Green Recycling Solutions Sewer Improvements |
| Town of Nashville | |||||||
| PO Box 987 | Nashville | NC | 27856 | 566001300 | Gov't Entity | $200,000 | SIFI Sewer Upgrade Value-Added Enterprise (CAVE) |
| Town of Pollocksville | |||||||
| PO Box 97 | Pollocksville | NC | 285730097 | 561054547 | Gov't Entity | $29,000 | Town of Pollocksville Sewer Main Extension |
| Town of Rutherfordton | |||||||
| 129 N Main St | Rutherfordton | NC | 28139 | 566001608 | Gov't Entity | $100,000 | Town of Rutherfordton's Tryon Equestrian Sewer Lin Engineers: A University, Community Colleges, & Industry Collaborative Initiative |
| Town of St Pauls NC | |||||||
| PO Box 364 | St Pauls | NC | 28384 | 566001327 | Gov't Entity | $820,000 | St. Pauls Wastewater System Needs Associated with |
| Town of Tarboro | |||||||
| PO Box 220 | Tarboro | NC | 27886 | 566001350 | Gov't Entity | $250,000 | General Foam Plastics Generator Project |
| Union Square Campus Inc | |||||||
| 230 N Elm St Suite 1900 | Greensboro | NC | 27420 | 467453139 | 501(c)(3) | $250,000 | Technology, Partnerships and Advanced Nurse Practi |
| UNC-Chapel Hill | |||||||
| PO Box 8001 | Chapel Hill | NC | 275991350 | 566001393 | Education | $290,000 | Family Medicine Underserved Residency Track |
| Wayne Health Fdn dba WATCH | |||||||
| 2700 Wayne Memorial Dr | Goldsboro | NC | 27534 | 581881912 | 501(c)(3) | $321,000 | WATCH Clinical Training Program |
| Western Carolina University | |||||||
| 1 University Way | Cullowhee | NC | 28723 | 566001440 | Education | $225,000 | INPUT: Instructing Nurse Practitioners in Under-se |
| Western Governors University | |||||||
| 4001 S 700 E Suite 700 | Salt Lake City | UT | 84107 | 841383926 | 501(c)(3) | $1,000,000 | Western Governors University North Carolina Facility |
| Western Piedmont Comm Coll | |||||||
| 1001 Burkemont Ave | Morganton | NC | 28655 | 560816544 | Gov't Entity | $750,000 | Mechatronics Educational Facility Need in Burke Co Excellence |
| Wilkes Community College | |||||||
| PO Box 120 | Wilkesboro | NC | 286970120 | 560846669 | Education | $198,802 | Machining Equipment - Ashe Campus |
| Wilkes County Schools | |||||||
| 613 Cherry St | North Wilkesboro | NC | 28659 | 566001133 | Education | $900,000 | Project ADMIT (Advancing Development of Manufactur |
| Wilson County Schools | |||||||
| PO Box 2048 | Wilson | NC | 278932048 | 566001134 | Education | $200,000 | Wilson County Schools High School Chromebook Initi |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 75 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | GRANTS MONITORING - FORM 990, SCHEDULE I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | Applicants that receive awards from the board are required to sign a grantee acknowledgment & agreement, which states guidelines and conditions for the grant. Grantees must also attend a grants management session. The grantee acknowledgment & agreement may contain conditions that must be satisfied before funds will be released. These conditions along with requirements for interim and final reports are entered in a database. Once the foundation receives the signed grantee acknowledgment & agreement, evidence that preconditions have been met, and a written request for payment, the applicant is eligible to receive an initial disbursement of the grant award. Twenty percent of the funds may be paid in advance, with three additional installments of 20% paid once prior advances have been substantially expended. Alternatively, the grantee may be reimbursed for expenses up to 80% of the grant at any time. A sum equal to the 20% of the total amount of the grant is generally retained by the foundation until completion of the grantee's obligations under the grant, including the submission to the foundation of a final report on the funded project and satisfaction of any remaining conditions to release of funds. Grantees may use funds only for items identified in the project's approved budget. Should the grantee seek to spend funds on an item not included in the budget or in an amount in excess of the approved budget amount, the grantee must receive approval of a budget modification. In no event may a grantee spend Golden Leaf funds in excess of the amount awarded by the Golden Leaf board. Grantees must submit interim reports in six month increments beginning six months after the award date and a final report within 60 days after completion of the project. The reports include information regarding the work accomplished, compared to an approved scope of work, reported outcomes of the project, and expenditure reports with supporting documentation. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DANIEL J GERLACH | ||||||||||||
| PRESIDENT | $192,284 | $0 | $0 | $0 | $0 | $0 | $19,575 | $0 | $19,727 | $0 | $231,586 | $0 |
| MARK A SORRELLS | ||||||||||||
| SENIOR VICE PRESIDENT | $172,178 | $0 | $0 | $0 | $0 | $0 | $17,533 | $0 | $16,149 | $0 | $205,860 | $0 |
| PETER J CERA | ||||||||||||
| VP INVESTMENTS | $157,474 | $0 | $15,500 | $0 | $0 | $0 | $17,640 | $0 | $19,553 | $0 | $210,167 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| OTHER COMPENSATION - FORM 990, SCHEDULE J, PART I, LINE 1A | Rotary Club Dues. |
| WRITTEN POLICY - FORM 990, SCHEDULE J, PART I, LINE 1B | Payment of dues approved by board |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| APPROVAL OF GOVERNING BODY DECiSIONS - FORM 990, PART VI, LINE 6,7A and 7b | The foundation is governed by a board of directions comprised of fifteen directors. Five directors are appointed by the governor of the state of north carolina. Five directors are appointed by the president pro tempore of the north carolina senate. five directors are appointed by the speaker of the north carolina house of representatives. |
| FORM 990 REVIEW PROCESS - FORM 990, PART VI, LINE 11B | A copy of Form 990 was provided to each member of the foundation's board of directors. The audit committee of the board reviewed the Form 990 and, prior to its filing, recommended approval to the full board. |
| CONFLICTS OF INTEREST - FORM 990, PART VI, LINE 12C | The foundation'S board of directors and committees meet approximately six times per year. At each such meeting, or group of meetings, directors are asked to confirm their disclosure or make any new disclosures. When a director discloses an interest in a proposed transaction, the director does not participate in the discussion concerning, or the vote upon, the proposed transaction. |
| DETERMINING COMPENSATION - FORM 990, PART VI, LINE 15 | The personnel committee of the board of directors reviewed salary and benefit information for positions comparable to the president at other North Carolina foundations and endowments and North Carolina state agencies prior to making a recommendation to the board regarding the president's salary and benefits. The board approved the salary and benefits of the president. |
| AVAILABILITY OF OTHER DOCUMENTS - FORM 990, PART VI, LINE 19 | The organization makes its governing documents and conflict of interest policy available upon request. The financial statements are made available on the organization's website and upon request. |
| CHANGES IN NET ASSETS - FORM 990, PART XI, LINE 9 | CANCELLED GRANTS 5,987,987 |
| DISPOSAL OF ASSETS - FORM 990, PART VI, LINE 7B | THE FOUNDATION MAY NOT DISPOSE OF ASSETS PURSUANT TO THE PROVISIONS OF SECTION 55A-12-02 OF THE NORTH CAROLINA GENERAL STATUTES WITHOUT THE APPROVAL OF THE NORTH CAROLINA GENERAL ASSEMBLY. THE FOUNDATION MAY NOT AMEND ITS ARTICLES OF INCORPORATION WITHOUT THE APPROVAL OF THE NORTH CAROLINA GENERAL ASSEMBLY. |
| OVERSIGHT/SELECTION PROCESS - FORM 990, PART XII, LINE 2C | The process has not changed from the prior year. |