TAYLOR FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: TAYLOR FOUNDATION (EIN 54-0555235)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-09-15
IRS object ID: 201322599349100417
Schema version: 2012v2.1
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
Investments Corp Stock Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-09-15T15:03:24-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	541517420	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WALL EINHORN & CHERNITZER PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 E MAIN ST SUITE 1600	AddressLine1
City	NORFOLK	City
State	VA	State
ZIP Code	23510	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	540555235	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	TAYLOR FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	TAYL	NameControl
Phone	7578576081	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7421 CENTRAL BUSINESS PARK DRIVE NO	AddressLine1
Address Line2	106B	AddressLine2
City	NORFOLK	City
State	VA	State
ZIP Code	23513	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERT T TAYLOR	Name
Title	SIGNING OFFICER	Title
Phone	7578576081	Phone
Date Signed	2013-07-31	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DAVID M CHASE	Name
PTIN	P00987015	PTIN
Phone	7576254700	Phone
Date Prepared	2013-07-31	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1721692	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	5	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	5	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	51406	DividendsRevAndExpnss
Dividends Net Invst Incm	51406	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	-8990	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	663687	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	1263	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	1263	OtherIncomeNetInvstIncm
Total Revenue And Expenses	43684	TotalRevenueAndExpenses
Total Net Investment Income	52674	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	6000	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	2400	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	3600	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	2850	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1140	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	1710	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	4663	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	1865	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	2798	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	1579	TaxesRevAndExpnss
Taxes Net Invst Incm	0	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	2357	TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm	943	TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps	1414	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	243	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	97	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	146	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	17692	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	6445	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	9668	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	69000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	69000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	86692	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	6445	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	78668	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-43008	ExcessOfRevenueOverExpenses
Net Investment Income	46229	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	247133	CashBOY
Cash EOY	31477	CashEOY
Cash EOYFMV	31477	CashEOYFMV
Investments Corp Stock BOY	1308928	InvestmentsCorpStockBOY
Investments Corp Stock EOY	1487588	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	1690215	InvestmentsCorpStockEOYFMV
Total Assets BOY	1556061	TotalAssetsBOY
Total Assets EOY	1519065	TotalAssetsEOY
Total Assets EOYFMV	1721692	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	2199583	CapitalStockBOY
Capital Stock EOY	2199583	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	-643522	RetainedEarningsBOY
Retained Earnings EOY	-680518	RetainedEarningsEOY
Total Net Assets BOY	1556061	TotalNetAssetsBOY
Total Net Assets EOY	1519065	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1556061	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1519065	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1556061	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-43008	ExcessOfRevenueOverExpenses
Other Increases	6012	OtherIncreases
Subtotal	1519065	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	1519065	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
ISHARES	P	2012-12-31	56705	50726	5979	5979
PIMCO COMMODITY	P	2012-12-14	22485	23727	-1242	-1242
PERMANENT PORTFOLIO	P	2012-12-06	89846	86372	3474	3474
HUSSMAN STRATEGIC	P	2012-06-18	83441	86372	-2931	-2931
PIMCO COMMODITY	P	2012-05-24	73845	82739	-8894	-8894
ARBITRAGE FUND	P	2012-05-04	87576	86372	1204	1204
PRINCIPAL PFD	P	2012-04-03	18854	18062	792	792
PIMCO TOTAL RETURN	P	2012-04-03	131699	139522	-7823	-7823
CMG ULTRA SHORT	P	2012-03-02	97167	98785	-1618	-1618
CAPITAL GAINS DIVIDENDS	P		2069		2069	2069

Field	Value	IRS element (for citing)
Capital Gain Net Income	-8990	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	75333	QualifyingDistributionsYear1
Noncharitable Assets Year1	1628636	NoncharitableAssetsYear1
Distribution Ratio Year1	0.046255	DistributionRatioYear1
Qualifying Distributions Year2	113896	QualifyingDistributionsYear2
Noncharitable Assets Year2	1612248	NoncharitableAssetsYear2
Distribution Ratio Year2	0.070644	DistributionRatioYear2
Qualifying Distributions Year3	112251	QualifyingDistributionsYear3
Noncharitable Assets Year3	1464688	NoncharitableAssetsYear3
Distribution Ratio Year3	0.076638	DistributionRatioYear3
Qualifying Distributions Year4	84669	QualifyingDistributionsYear4
Noncharitable Assets Year4	1685692	NoncharitableAssetsYear4
Distribution Ratio Year4	0.050228	DistributionRatioYear4
Qualifying Distributions Year5	156423	QualifyingDistributionsYear5
Noncharitable Assets Year5	2011695	NoncharitableAssetsYear5
Distribution Ratio Year5	0.077757	DistributionRatioYear5
Total Distribution Ratio	0.321522	TotalDistributionRatio
Average Distribution Ratio	0.064304	AverageDistributionRatio
Net Noncharitable Assets	1641352	NetNoncharitableAssets
Adjusted Noncharitable Assets	105545	AdjustedNoncharitableAssets
One Percent Net Investment Income	462	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	106007	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	78668	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	925	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	925	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	925	TaxBasedOnInvestmentIncome
Tax Paid With Extension	925	TaxPaidWithExtension
Total Credits And Payments	925	TotalCreditsAndPayments
Form2220 Attached	X	Form2220Attached
Penalty For Underpayment	20	PenaltyForUnderpayment
Tax Due	20	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	VA	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	ROBERT T TAYLOR	BooksInCareOfPersonName
Books In Care Of Phone Number	7578576081	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	7421 CENTRAL BUSINESS PARK DRIVE	AddressLine1
Address Line2	SUITE 106B	AddressLine2
City	NORFOLK	City
State	VA	State
ZIP Code	23513	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
CARL
PO BOX 2556	NORFOLK	VA	23501	PRESIDENT	1.25	0	0	0
TA BENNETT
3905 SOUTHAMPTON COURT	GREENVILLE	NC	27834	TRUSTEE	1.00	0	0	0
HARRY TAYLOR
554 NELSON NECK ROAD	SEA LEVEL	NC	28577	TRUSTEE	1.00	0	0	0
SUSAN T KIRKPATRICK
101 CHURCHILL ROAD	W PALM BEACH	FL	33405	VICE PRESIDENT, SECRETARY	1.25	0	0	0
BARBARA CREECH
PO BOX 988	VIRGINIA BEACH	VA	23451	TRUSTREE	1.00	0	0	0
GRADY FULCHER JR
PO BOX 989	ATLANTIC BEACH	NC	28512	TRUSTEE	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1
Amount1	0	Amount1
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	1530578	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	135769	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1666347	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	1666347	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	24995	CashDeemedCharitable
Net Noncharitable Assets	1641352	NetNoncharitableAssets
Minimum Investment Return	82068	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	82068	MinimumInvestmentReturn
Tax Based On Investment Income	925	TaxBasedOnInvestmentIncome
Total Tax	925	TotalTax
Distributable Amount Before Adj	81143	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	81143	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	81143	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	78668	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	78668	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	78668	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	81143	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year5	57944	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	2885	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	40290	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	33964	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	135083	TotalExcessDistriCarryover
Qualifying Distributions	78668	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	78668	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	2475	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	2475	ExcessDistriCyovAppliedCY
Total Corpus	132608	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	55469	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	77139	ExcessDistriCyovToNextYear
Excess From Year4	2885	ExcessFromYear4
Excess From Year3	40290	ExcessFromYear3
Excess From Year2	33964	ExcessFromYear2

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	ROBERT T TAYLOR	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	7421 CENTRAL BUSINESS PARK DRIVE	AddressLine1
Address Line2	SUITE 106B	AddressLine2
City	NORFOLK	City
State	VA	State
ZIP Code	23502	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	7578576081	RecipientPhoneNumber
Form And Info And Materials	LETTER	FormAndInfoAndMaterials
Submission Deadlines	DECEMBER 1	SubmissionDeadlines
Restrictions On Awards	THERE ARE NO FORMAL RESTRICTIONS OR LIMITATIONS ON AWARDS, BUT AS A MATTER OF LONGSTANDING POLICY, THE FOUNDATION GENERALLY LIMITS ITS GIFTS TO COMMUNITY AND GENERAL CHARITIES INCLUDING HOSPITALS, RELIGIOUS AND EDUCATIONAL ENTITIES LOCATED WITHIN VIRGINIA, NORTH CAROLINA AND FLORIDA.	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (23 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
211 PALM BEACH TREASURE COAST
PO BOX 3599	LANTANA	FL	33465	NONE	PUBLIC CHARITY	COMMUNITY	$1,000
ADOPT A FAMILY INC
1712 SECOND AVE NORTH LAKE	LAKE WORTH	FL	33460	NONE	PUBLIC CHARITY	COMMUNITY	$1,000
CAMPBELL UNIVERSITY
PO BOX 26	BUIES CREEK	NC	27506	NONE	PUBLIC CHARITY	EDUCATIONAL	$3,000
CARTERET COUNTY COMMUNITY COLLEGE FOUNDATION
3505 ARENDELL STREET	MOREHEAD CITY	NC	28557	NONE	PUBLIC CHARITY	EDUCATIONAL	$5,000
CARTERET COUNTY GENERAL HOSPITAL
3500 ARENDELL STREET PO BOX 1619	MOREHEAD CITY	NC	28557	NONE	PUBLIC CHARITY	COMMUNITY	$2,500
CARTERET COUNTY PUBLIC SCHOOLS EAST CARTERET HIGH SCHOOL
PO BOX 600	BEAUFORT	NC	28516	NONE	PUBLIC CHARITY	EDUCATIONAL	$5,000
CHRISTOPHER NEWPORT UNIVERSITY
1 UNIVERSITY PLACE	NEWPORT NEWS	VA	23606	NONE	PUBLIC CHARITY	EDUCATIONAL	$2,000
CYSTIC FIBROSIS FOUNDATION
PO BOX 639	WILSON	NC	27894	NONE	PUBLIC CHARITY	COMMUNITY	$2,000
CARTERET COUNTY SCHOOL FUND
PO BOX 2772	MOREHEAD CITY	NC	28557	NONE	PUBLIC CHARITY	EDUCATIONAL	$2,500
HOPE MISSION
PO BOX 1438	MOREHEAD CITY	NC	28557	NONE	PUBLIC CHARITY	COMMUNITY	$2,500
MOUNT OLIVE COLLEGE
121 SOUTH ASAPH STREET	ALEXANDRIA	VA	22314	NONE	PUBLIC CHARITY	EDUCATIONAL	$2,000
NAUTICUS FOUNDATION
PO BOX 3753	NORFOLK	VA	23514	NONE	PUBLIC CHARITY	COMMUNITY	$10,000
JORDAN GIVING HOPE
10735 BARNACLE COURT	HOBE SOUND	FL	33455	NONE	PUBLIC CHARITY	COMMUNITY	$1,500
CARTERET COUNTY HOSPITAL FUND
3500 ARENDELL STREET PO BOX 1619	MOREHEAD CITY	NC	28557	NONE	PUBLIC CHARITY	COMMUNITY	$2,500
REHABILITATION CENTER FOR CHILDREN AND ADULTS
300 ROYAL PALM WAY	PALM BEACH	FL	33480	NONE	PUBLIC CHARITY	COMMUNITY	$3,000
ANN NORTON SCULPTURE
253 BARCELONA ROAD	WEST PALM BEACH	FL	33401	NONE	PUBLIC CHARITY	EDUCATIONAL	$2,500
SAMARITAN HOUSE
PO BOX 2400	VIRGINIA BEACH	VA	23450	NONE	PUBLIC CHARITY	COMMUNITY	$7,500
STANLEY COUNTY MINISTRIES
7421 GREGORY DRIVE SUITE 106A	NORFOLK	VA	23513	NONE	PUBLIC CHARITY	COMMUNITY	$500
OPSAIL FOUNDATION
120 WEST MAIN STREET	NORFOLK	VA	23510	NONE	PUBLIC CHARITY	COMMUNITY	$2,500
SAMARTAN PURSE
PO BOX 3000	BOONE	NC	28607	NONE	PUBLIC CHARITY	COMMUNITY	$4,000
HANLEY CENTER FOUNDATION
933 45TH STREET	WEST PALM BEACH	FL	33407	NONE	PUBLIC CHARITY	COMMUNITY	$500
ST ANN CATHOLIC
310 NORTH OLIVE AVENUE	WEST PALM BEACH	FL	33401	NONE	PUBLIC CHARITY	COMMUNITY	$1,000
VIRGINIA SCIENCE MUSEUM
2500 WEST BROAD STREET	RICHMOND	VA	23220	NONE	PUBLIC CHARITY	COMMUNITY	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	69000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$5	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$51,406	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$1,263	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	-$8,990	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$43,684	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	43684	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$2,850	Amount
Net Investment Income	1140	NetInvestmentIncome
Disbursements Charitable Prps	1710	DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	CORPORATE STOCK	NameOfStock
EOY Book Value	1487588	EOYBookValue
EOYFMV	1690215	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES	116	46	70
OFFICE EXPENSE	127	51	76

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Revenue And Expenses Per Books	1263	RevenueAndExpensesPerBooks
Net Investment Income	1263	NetInvestmentIncome
Adjusted Net Income	1263	AdjustedNetIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	PRIOR YEAR ADJUSTMENT	Description
Amount	$6,012	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
INVESTMENT ADVISORY FEES	$4,663	1865	2798
	$0	0	0

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	TAXES	Category
Amount	$1,579	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps