SCHEICK-VERROCHI FAM FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: SCHEICK-VERROCHI FAM FOUNDATION (EIN 04-3283183)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-06-30
IRS object ID: 201441819349100009
Schema version: 2013v3.1
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 Decreases Schedule
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	2014-06-30T07:57:31-07:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DONOVAN SULLIVAN & RYAN CPAS	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	265 WASHINGTON ST	AddressLine1
City	WESTWOOD	City
State	MA	State
ZIP Code	020901339	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-01-01	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	BusinessNameLine1

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 265 WASHINGTON ST	AddressLine1
City	WESTWOOD	City
State	MA	State
ZIP Code	02090	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CAROLYN SCHEICK	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7813291690	PhoneNum
Signature	2014-06-30	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICKARD D DONOVAN CPA	PreparerPersonNm
Phone	7813291690	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,840,136	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	$35,626	DividendsRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss	$32,646	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,439,961	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$68,272	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$20,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$6,300	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$13,700	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$12,100	AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$11,587	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$11,587	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$6,432	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$6,432	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss	$561	TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss	$20	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$11	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$50,700	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$24,319	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$13,711	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$59,811	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$59,811	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$110,511	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$24,319	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$73,522	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$42,239	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$32,360	CashBOYAmt
Cash EOY	$29,676	CashEOYAmt
Cash EOYFMV	$29,676	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$8,478	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$17,510	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$17,510	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$1,619,238	CorporateStockBOYAmt
Corporate Stock EOY	$1,570,650	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,792,950	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	$1,660,076	TotalAssetsBOYAmt
Total Assets EOY	$1,617,836	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,840,136	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$0	OtherLiabilitiesEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$1,660,076	UnrestrictedBOYAmt
Unrestricted EOY	$1,617,836	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,660,076	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,617,836	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,660,076	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$1,617,836	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,660,076	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$42,239	ExcessRevenueOverExpensesAmt
Subtotal	$1,617,837	SubtotalAmt
Other Decreases	$1	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$1,617,836	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$81,555	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$1,608,942	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.050689	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$75,290	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$1,641,097	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.045878	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$83,719	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$1,674,261	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.050004	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$90,290	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,497,107	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.060310	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$112,399	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$1,808,218	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.062160	DistributionYr5Rt
Total Distribution	0.269041	TotalDistributionRt
Average Distribution	0.053808	AverageDistributionRt
Net Vl Noncharitable Assets	$1,721,346	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$92,622	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$92,622	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$73,522	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
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	AddressLine1
City	RALEIGH	City
State	NC	State
ZIP Code	276148603	ZIPCode

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/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	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	$10,000	$0	$0
WILLIAM H SCHEICK
1020 DICKINSON CIRCLE	RALEIGH	NC	27614	TREASURER	10.00	$10,000	$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	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$44,012	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,703,547	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,747,559	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$1,747,559	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$26,213	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,721,346	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$86,067	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$86,067	MinimumInvestmentReturnAmt
Distributable Before Adj	$86,067	DistributableBeforeAdjAmt
Distributable Before Ded	$86,067	DistributableBeforeDedAmt
Distributable As Adjusted	$86,067	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$73,522	ExpensesAndContributionsAmt
Qualifying Distributions	$73,522	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$73,522	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$86,067	DistributableAsAdjustedAmt
Undistributed Income PY	$72,661	UndistributedIncomePYAmt
Qualifying Distributions	$73,522	QualifyingDistributionsAmt
Applied To Year1	$72,661	AppliedToYear1Amt
Remaining Distri From Corpus	$861	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$861	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$861	ExcessDistributionCyovAppCYAmt
Undistributed Income CY	$85,206	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 (16 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	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	$2,000
CALVARY MINISTRIES OF THE WESTEND COMMMUNITY
P O BOX 51398	DURHAM	NC	27717	N/A	UNRESTRICTEDCHARITABLE GIFT	$12,000
THE CARYING PLACE
P O BOX 622	CARY	NC	27512	N/A	UNRESTRICTEDCHARITABLE GIFT	$10,000
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	$9,000
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	$2,000
FOOD BANK OF CENTRALEASTERN NC
3808 TARHEEL DRIVE	RALEIGH	NC	27609	N/A	UNRESTRICTEDCHARITABLE GIFT	$8,000
HOSPICE OF WAKE COUNTY (NC)
250 HOSPICE CIRCLE	RALEIGH	NC	27607	N/A	UNRESTRICTEDCHARITABLE GIFT	$3,000
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	$5,311
HAYES PLACE
6225 BRIDGEMONT LANE	WILLOW SPRINGS	NC	27592	N/A	CHARITABLEUNRESTRICEDGIFT	$6,000
INTER-FAITH FOOD SHUTTLE
P O BOX 14638	RALEIGH	NC	27620	N/A	CHARITABLEUNRESTRICTEDGIFT	$500
REBOUND
811 NINETH ST 120-210	DURHAM	NC	27705	N/A	CHARITABLEUNRESTRICTEDGIFT	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$59,811	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	$35,626	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Related Or Exempt Function Incm	$32,646	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$68,272	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$68,272	TotalIncomeProducingActyAmt

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 ACCTG & TAX	CategoryTxt
Amt	$12,100	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	$3,439,961	GrossSalesPriceAmt
Basis	$3,407,315	BasisAmt
Total Net	$32,646	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	$1,570,650	EOYBookValueAmt
EOYFMV	$1,792,950	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 Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Description	ROUNDING	Description
Amount	$1	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Non-personnel expenses:Postage, shipping, delivery	$9
Non-personnel expenses:Supplies
Bank Fees	$11	$11

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 INVESTMENT FEES	CategoryTxt
Amt	$11,587	Amt
Net Investment Income	$11,587	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
Business expenses:Federal Tax on Invest. Income	$6,396	$6,396
Business expenses:Taxes - other	$36	$36