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RAYMOND B YINGLING FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
RAYMOND B YINGLING FOUNDATION (EIN 20-5227614)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-11-14
IRS object ID
201233199349101018
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-11-14T14:27:39-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1300 NORTH 3RD STREET FIFTH FLOORAddressLine1
CityWILMINGTONCity
StateNCState
ZIP Code28401ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN205227614EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RAYMOND B YINGLING FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlRAYMNameControl
Phone9106289485Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line18264 NC HWY 130 EAddressLine1
CityFAIRMONTCity
StateNCState
ZIP Code283407812ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCAROLYN J MALIONName
TitlePRESIDENTTitle
Phone9106289485Phone
Date Signed2012-11-08DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLORI L BAILEYName
PTINP01288969PTIN
Phone9107629623Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1068FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss71375ContriReceivedRevAndExpnss
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses71375TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Legal Fees Rev And Expnss300LegalFeesRevAndExpnss
Legal Fees Net Invst Incm0LegalFeesNetInvstIncm
Legal Fees Dsbrs Chrtbl Prps300LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss950AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps950AccountingFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1250TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps1250TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss70125ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps70125ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss71375TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps71375TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses0ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY1068SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY1068SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV1068SavingsAndTempCashInvstEOYFMV
Total Assets BOY1068TotalAssetsBOY
Total Assets EOY1068TotalAssetsEOY
Total Assets EOYFMV1068TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY1068RetainedEarningsBOY
Retained Earnings EOY1068RetainedEarningsEOY
Total Net Assets BOY1068TotalNetAssetsBOY
Total Net Assets EOY1068TotalNetAssetsEOY
Total Liabilities Net Assets BOY1068TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1068TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1068TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses0ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal1068Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY1068TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year135360QualifyingDistributionsYear1
Noncharitable Assets Year16388NoncharitableAssetsYear1
Distribution Ratio Year15.535379DistributionRatioYear1
Qualifying Distributions Year2975QualifyingDistributionsYear2
Noncharitable Assets Year21052NoncharitableAssetsYear2
Distribution Ratio Year20.926806DistributionRatioYear2
Qualifying Distributions Year31200QualifyingDistributionsYear3
Noncharitable Assets Year31049NoncharitableAssetsYear3
Distribution Ratio Year31.143947DistributionRatioYear3
Qualifying Distributions Year41400QualifyingDistributionsYear4
Noncharitable Assets Year41032NoncharitableAssetsYear4
Distribution Ratio Year41.356589DistributionRatioYear4
Qualifying Distributions Year5750QualifyingDistributionsYear5
Noncharitable Assets Year51014NoncharitableAssetsYear5
Distribution Ratio Year50.739645DistributionRatioYear5
Total Distribution Ratio9.702366TotalDistributionRatio
Average Distribution Ratio1.940473AverageDistributionRatio
Net Noncharitable Assets10853NetNoncharitableAssets
Adjusted Noncharitable Assets21060AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One21060AdjNonchrtblAssetsAndOnePct
Qualifying Distributions71375QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithNCStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameCAROLYN MALIONBooksInCareOfPersonName
Books In Care Of Phone Number9106289485BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line18264 NC HWY 130 EAddressLine1
CityFAIRMONTCity
StateNCState
ZIP Code283407812ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
CAROLYN J MALION
1209 CULBRETH DRIVEWILMINGTONNC28405DIRECTOR/PRESIDENT1.00000
HAROLD E MALION JR
1209 CULBRETH DRIVEWILMINGTONNC28405DIRECTOR1.00000
HAROLD E MALION III
1209 CULBRETH DRIVEWILMINGTONNC28405DIRECTOR/ SECRETARY1.00000
MICHAEL B MALION
1209 CULBRETH DRIVEWILMINGTONNC28405DIRECTOR/TREASURER1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances11018AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets11018TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets11018AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable165CashDeemedCharitable
Net Noncharitable Assets10853NetNoncharitableAssets
Minimum Investment Return543MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return543MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj543DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded543DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted543DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions71375ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions71375QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions71375AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted543DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5701ExcessDistriCarryoverYear5
Excess Distri Carryover Year41348ExcessDistriCarryoverYear4
Excess Distri Carryover Year31148ExcessDistriCarryoverYear3
Excess Distri Carryover Year2922ExcessDistriCarryoverYear2
Excess Distri Carryover Year135041ExcessDistriCarryoverYear1
Total Excess Distri Carryover39160TotalExcessDistriCarryover
Qualifying Distributions71375QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year543AppliedToCurrentYear
Remaining Distri From Corpus70832RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus109992TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5701ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year109291ExcessDistriCyovToNextYear
Excess From Year41348ExcessFromYear4
Excess From Year31148ExcessFromYear3
Excess From Year2922ExcessFromYear2
Excess From Year135041ExcessFromYear1
Excess From Current Year70832ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerCAROLYN J MALIONContributingManager
Contributing ManagerHAROLD E MALION JRContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameCAROLYN MALIONRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11209 CULBRETH DRIVE SUITE 100AddressLine1
CityWILMINGTONCity
StateNCState
ZIP Code28405ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number9106289485RecipientPhoneNumber
Form And Info And MaterialsSUBMIT A WRITTEN PROPOSAL DESCRIBING THE ORGANIZATION'S CHARITABLE PURPOSE AND INTENDED USE OF THE GRANT. ATTACH A COPY OF THE IRS DETERMINATION LETTER CONFIRMING TAX EXEMPT STATUS.FormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line2RecipientUSAddress/AddressLine2
BALTIMORE BAPTIST CHURCH
171 BALTIMORE CHURCH ROADFAIRMONTNC28340NONEGENERAL FUNDS$10,950
BIBLE ALIVE MINISTRIES
PO BOX 2222FAYETTEVILLENC28302NONEGENERAL FUNDS$21,900
THE SCHOOL OF PHARMACY FOUNDATION INC
194 FINLEY GOLF COURSE ROAD SUITECHAPEL HILLNC27517NONEGENERAL FUNDS$23,763106
TRINITY UNITED METHODIST
307 TRINITY STREETFAIRMONTNC28340NONEGENERAL FUNDS$13,512
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year70125TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA0TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualHAROLD CAROLYN MALIONContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line18264 NC HWY 130 EAddressLine1
CityFAIRMONTCity
StateNCState
ZIP Code28340ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions71375AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryRSM MCGLADREYCategory
Amount$950Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps950DisbursementsCharitablePrps

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
CategoryWARD & SMITHCategory
Amount$300Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps300DisbursementsCharitablePrps