TAYLOR FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- TAYLOR FOUNDATION (EIN 54-0555235)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201123199349100237
- Schema version
- 2010v3.4
- 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 Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T10:35:14-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 2010-01-01 | 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 | 2011-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID M CHASE | Name |
| Phone | 7576254700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 1688801 | 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 | 73 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 73 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 43609 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 43609 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -113501 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 2529601 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 742 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 742 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | -69077 | TotalRevenueAndExpenses |
| Total Net Investment Income | 44424 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 11000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 4400 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 6600 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 2150 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 860 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 1290 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 4334 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 4334 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 2209 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 1503 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 601 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 902 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 589 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 235 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 354 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 21785 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 10430 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 9146 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 104750 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 104750 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 126535 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 10430 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 113896 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -195612 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 33994 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 41538 | CashBOY |
| Cash EOY | 37843 | CashEOY |
| Cash EOYFMV | 37843 | CashEOYFMV |
| Investments Corp Stock BOY | 1708048 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1516131 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1650958 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 1749586 | TotalAssetsBOY |
| Total Assets EOY | 1553974 | TotalAssetsEOY |
| Total Assets EOYFMV | 1688801 | 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 | -449997 | RetainedEarningsBOY |
| Retained Earnings EOY | -645609 | RetainedEarningsEOY |
| Total Net Assets BOY | 1749586 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1553974 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1749586 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1553974 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1749586 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -195612 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 1553974 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 1553974 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (24 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|
| ARTIO GLOBAL HIGH INCOME FUND | P | 2010-02-04 | 56052 | 56827 | -775 | -775 |
| LAZARD FUNDS INC | P | 2010-02-04 | 68150 | 69561 | -1411 | -1411 |
| NATIXIS FDS TR IV AEW REAL | P | 2010-02-04 | 44389 | 73779 | -29390 | -29390 |
| PIMCO FOREIGN BOND FUND UNHEDGED | P | 2010-02-04 | 135610 | 131550 | 4060 | 4060 |
| COLUMBIA SELECT SMAL CAP FUND | P | 2010-02-18 | 59932 | 75003 | -15071 | -15071 |
| KALMAR POOLED INVT TR | P | 2010-02-18 | 64664 | 85689 | -21025 | -21025 |
| ARTIO INTL EQUITY FUND II | P | 2010-03-23 | 124574 | 175000 | -50426 | -50426 |
| COLUMBIA VALUE AND RESTRUCTURING | P | 2010-03-23 | 113181 | 116973 | -3792 | -3792 |
| COLUMBIA BOND FUND | P | 2010-03-23 | 387974 | 364013 | 23961 | 23961 |
| WILLIAM BLAIR FUND | P | 2010-05-26 | 45169 | 54280 | -9111 | -9111 |
| COLUMBIA SELECT OPPORTUNITIES | P | 2010-05-26 | 244684 | 272831 | -28147 | -28147 |
| COLUMBIA SELECT LARGE CAP GROWTH | P | 2010-05-26 | 160297 | 147426 | 12871 | 12871 |
| POWERSHARES QQQ TR | P | 2010-06-24 | 187997 | 175360 | 12637 | 12637 |
| PIMCO COMMODITY REALRETURN | P | 2010-06-25 | 53459 | 85061 | -31602 | -31602 |
| PIMCO COMMODITY REALRETURN | P | 2010-06-25 | 54 | -54 | -54 | |
| ISHARES MSCI EMERGING MKTS INDEX | P | 2010-06-29 | 39199 | 39600 | -401 | -401 |
| WISDOMTREE EMERGING MKTS | P | 2010-06-29 | 42249 | 42010 | 239 | 239 |
| ISHARES RUSSELL 2000 INDEX | P | 2010-07-12 | 73055 | 81564 | -8509 | -8509 |
| SPDR S&P MIDCAR 400 ETF TR | P | 2010-07-12 | 78671 | 86016 | -7345 | -7345 |
| POWERSHARES QQQ TR | P | 2010-10-13 | 98788 | 92030 | 6758 | 6758 |
| POWERSHARES QQQ TR | P | 2010-11-09 | 160992 | 138045 | 22947 | 22947 |
| CM ULTRA SHORT TERM BOND | P | 2010-12-13 | 100000 | 101215 | -1215 | -1215 |
| ISHARES MSCI EMERGING MKTS INDEX | P | 2010-12-15 | 46505 | 39600 | 6905 | 6905 |
| ISHARES MSCI EAFE INDEX | P | 2010-12-15 | 144010 | 139615 | 4395 | 4395 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -113501 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 112251 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1464688 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.076638 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 84669 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1685692 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.050228 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 156423 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 2011695 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.077757 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 170969 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 1966392 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.086946 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 171405 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 1934264 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.088615 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.380184 | TotalDistributionRatio |
| Average Distribution Ratio | 0.076037 | AverageDistributionRatio |
| Net Noncharitable Assets | 1612248 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 122591 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 340 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 122931 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 113896 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 680 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 680 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 680 | TaxBasedOnInvestmentIncome |
| Total Credits And Payments | 0 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 18 | PenaltyForUnderpayment |
| Tax Due | 698 | 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 | 2000 | 0 | 0 |
| TA BENNETT | ||||||||
| 3905 SOUTHAMPTON COURT | GREENVILLE | NC | 27834 | TRUSTEE | 1.00 | 2000 | 0 | 0 |
| HARRY TAYLOR | ||||||||
| 554 NELSON NECK ROAD | SEA LEVEL | NC | 28577 | TRUSTEE | 1.00 | 1000 | 0 | 0 |
| SUSAN T KIRKPATRICK | ||||||||
| 101 CHURCHILL ROAD | W PALM BEACH | FL | 33405 | VICE PRESIDENT, SECRETARY | 1.25 | 2000 | 0 | 0 |
| BARBARA CREECH | ||||||||
| PO BOX 988 | VIRGINIA BEACH | VA | 23451 | TRUSTREE | 1.00 | 2000 | 0 | 0 |
| GRADY FULCHER JR | ||||||||
| PO BOX 989 | ATLANTIC BEACH | NC | 28512 | TRUSTEE | 1.00 | 2000 | 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 | 1585751 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 51049 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1636800 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 1636800 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 24552 | CashDeemedCharitable |
| Net Noncharitable Assets | 1612248 | NetNoncharitableAssets |
| Minimum Investment Return | 80612 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 80612 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 680 | TaxBasedOnInvestmentIncome |
| Total Tax | 680 | TotalTax |
| Distributable Amount Before Adj | 79932 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 79932 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 79932 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 113896 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 113896 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 113896 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 79932 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 76228 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 78788 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 57944 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 2885 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 40290 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 256135 | TotalExcessDistriCarryover |
| Qualifying Distributions | 113896 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 79932 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 33964 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 290099 | 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 | 76228 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 213871 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 78788 | ExcessFromYear4 |
| Excess From Year3 | 57944 | ExcessFromYear3 |
| Excess From Year2 | 2885 | ExcessFromYear2 |
| Excess From Year1 | 40290 | ExcessFromYear1 |
| Excess From Current Year | 33964 | ExcessFromCurrentYear |
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 (27 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 | $1,500 |
| ADOPT A FAMILY INC | |||||||
| 1712 SECOND AVE NORTH LAKE | LAKE WORTH | FL | 33460 | NONE | PUBLIC CHARITY | COMMUNITY | $1,500 |
| BROAD CREEK CLINIC | |||||||
| WEST BROAD STREET | RICHMOND | VA | 23284 | NONE | PUBLIC CHARITY | COMMUNITY | $1,000 |
| CAMPBELL UNIVERSITY | |||||||
| PO BOX 26 | BUIES CREEK | NC | 27506 | NONE | PUBLIC CHARITY | EDUCATIONAL | $5,000 |
| CARTERET COUNTY GENERAL HOSPITAL | |||||||
| 3500 ARENDELL STREET PO BOX 1619 | MOREHEAD CITY | NC | 28557 | NONE | PUBLIC CHARITY | COMMUNITY | $15,000 |
| CARTERET COUNTY COMMUNITY COLLEGE FOUNDATION | |||||||
| 3505 ARENDELL STREET | MOREHEAD CITY | NC | 28557 | NONE | PUBLIC CHARITY | EDUCATIONAL | $6,000 |
| 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 | $2,500 |
| EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION | |||||||
| PO BOX 2772 | GREENVILLE | NC | 27834 | NONE | PUBLIC CHARITY | EDUCATIONAL | $10,000 |
| EAGLE RIDGE CHURCH | |||||||
| IN MEMORY OF MR FRANK NOYES | NORFOLK | VA | 23513 | NONE | PUBLIC CHARITY | COMMUNITY | $500 |
| HARKER'S ISLAND RESCUE SQUAD | |||||||
| PO BOX 273 | HARKERS ISLAND | NC | 28531 | NONE | PUBLIC CHARITY | COMMUNITY | $500 |
| HEBRON COLONY & GRACE HOME | |||||||
| ROUTE 3 BOX 300 | BOONE | NC | 28607 | NONE | PUBLIC CHARITY | COMMUNITY | $2,000 |
| HOPE MISSION | |||||||
| PO BOX 1438 | MOREHEAD CITY | NC | 28557 | NONE | PUBLIC CHARITY | COMMUNITY | $1,000 |
| STANLEY COUNTY MINISTRIES | |||||||
| 7421 GREGORY DRIVE SUITE 106A | NORFOLK | VA | 23513 | NONE | PUBLIC CHARITY | COMMUNITY | $1,000 |
| HOSPICE OF PALM BEACH COUNTY | |||||||
| 5300 EAST AVENUE | WEST PALM BEACH | FL | 33407 | NONE | PUBLIC CHARITY | COMMUNITY | $1,000 |
| MOUNT OLIVE COLLEGE | |||||||
| 121 SOUTH ASAPH STREET | ALEXANDRIA | VA | 22314 | NONE | PUBLIC CHARITY | EDUCATIONAL | $5,000 |
| NATIONAL INSTITUTE FOR LEARNING DISABILITIES | |||||||
| 107 SEEKEL STREET | NORFOLK | VA | 23505 | NONE | PUBLIC CHARITY | EDUCATIONAL | $5,000 |
| THE INTERNATIONAL FOUNDATIONKERUS GLOBAL EDUCATION | |||||||
| PO BOX 23813 | WASHINGTON | DC | 20026 | NONE | PUBLIC CHARITY | EDUCATIONAL | $3,000 |
| NAUTICUS FOUNDATION | |||||||
| PO BOX 3753 | NORFOLK | VA | 23514 | NONE | PUBLIC CHARITY | COMMUNITY | $8,000 |
| REHABILITATION CENTER FOR CHILDREN AND ADULTS | |||||||
| 300 ROYAL PALM WAY | PALM BEACH | FL | 33480 | NONE | PUBLIC CHARITY | COMMUNITY | $2,500 |
| ROSARIAN ACADEMY | |||||||
| 807 NORTH FLAGLER DRIVE | WEST PALM BEACH | FL | 33401 | NONE | PUBLIC CHARITY | EDUCATIONAL | $1,500 |
| SAMARITAN HOUSE | |||||||
| PO BOX 2400 | VIRGINIA BEACH | VA | 23450 | NONE | PUBLIC CHARITY | COMMUNITY | $7,500 |
| SEA LEVEL RESCUE SQUAD | |||||||
| PO BOX 65 | SEA LEVEL | NC | 28577 | NONE | PUBLIC CHARITY | COMMUNITY | $500 |
| PARK PLACE SCHOOL | |||||||
| PO BOX 6381 501 W 35TH STREET | NORFOLK | VA | 23508 | NONE | PUBLIC CHARITY | EDUCATIONAL | $5,000 |
| PHYSICIANS FOR PEACE | |||||||
| 229 WEST BUTTE STREET SUITE 200 | NORFOLK | VA | 23510 | NONE | PUBLIC CHARITY | COMMUNITY | $5,000 |
| THE VIRGINIA STUDENT AID FOUNDATION | |||||||
| PO BOX 7525 | CHARLOTTESVILLE | VA | 22907 | NONE | PUBLIC CHARITY | EDUCATIONAL | $6,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 104750 | 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 | $73 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $43,609 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $742 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$113,501 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | -$69,077 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -69077 | 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 | $2,150 | Amount |
| Net Investment Income | 860 | NetInvestmentIncome |
| Disbursements Charitable Prps | 1290 | 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 | 1516131 | EOYBookValue |
| EOYFMV | 1650958 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| SHIPPING EXPENSE | 263 | 105 | 158 |
| BANK CHARGES | 326 | 130 | 196 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Revenue And Expenses Per Books | 742 | RevenueAndExpensesPerBooks |
| Net Investment Income | 742 | NetInvestmentIncome |
| Adjusted Net Income | 742 | AdjustedNetIncome |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | Category |
| Amount | $4,334 | Amount |
| Net Investment Income | 4334 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | Category |
| Amount | $2,209 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |