JACK AND CAROLYN FERGUSON CHARITABLE FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- JACK AND CAROLYN FERGUSON CHARITABLE FOUNDATION (EIN 20-0450986)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-09-15
- IRS object ID
- 201132629349100603
- 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
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-09-15T12:52:53-05:00 | 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 | JOHNSON PRICE & SPRINKLE PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8385 | AddressLine1 |
| City | ASHEVILLE | City |
| State | NC | State |
| ZIP Code | 288148385 | 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 | 200450986 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACK AND CAROLYN FERGUSON CHARITABLE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JACK | NameControl |
| Phone | 8286671418 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 BEAVERDAM ROAD | AddressLine1 |
| City | CANDLER | City |
| State | NC | State |
| ZIP Code | 28715 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JACK FERGUSON | Name |
| Title | DIRECTOR | Title |
| Phone | 8286671418 | Phone |
| Date Signed | 2011-09-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HAROLD H HUGHES JR | Name |
| Phone | 8282542374 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 5904595 | 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 | 1720 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1720 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 139305 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 139305 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 245709 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1038791 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 245709 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1170 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1170 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 387904 | TotalRevenueAndExpenses |
| Total Net Investment Income | 387904 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 36000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 18000 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 18000 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 9035 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 7500 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 1535 | AccountingFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 8 | InterestRevAndExpnss |
| Interest Net Invst Incm | 8 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 3675 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 3675 | DeprecAndDepletionNetInvstIncm |
| Other Expenses Rev And Expnss | 4482 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 4457 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 25 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 53200 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 33640 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 19560 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 386200 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 386200 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 439400 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 33640 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 405760 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -51496 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 354264 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 2255 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 108749 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 108749 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 2548 | AccountsReceivable |
| Accounts Receivable EOY | 2548 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 2548 | AccountsReceivableEOYFMV |
| Prepaid Expenses BOY | 12003 | PrepaidExpensesBOY |
| Prepaid Expenses EOY | 2000 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 2000 | PrepaidExpensesEOYFMV |
| Investments Corp Stock BOY | 253744 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 535384 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1215314 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 8733584 | InvestmentsOtherBOY |
| Investments Other EOY | 4702011 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 4575984 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 9001586 | TotalAssetsBOY |
| Total Assets EOY | 5350692 | TotalAssetsEOY |
| Total Assets EOYFMV | 5904595 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 112 | AccountsPayableBOY |
| Accounts Payable EOY | 112 | AccountsPayableEOY |
| Deferred Revenue EOY | 12697 | DeferredRevenueEOY |
| Total Liabilities BOY | 112 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12809 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 9001474 | RetainedEarningsBOY |
| Retained Earnings EOY | 5337883 | RetainedEarningsEOY |
| Total Net Assets BOY | 9001474 | TotalNetAssetsBOY |
| Total Net Assets EOY | 5337883 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 9001586 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 5350692 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 9001474 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -51496 | ExcessOfRevenueOverExpenses |
| Other Increases | 92158 | OtherIncreases |
| Subtotal | 9042136 | Subtotal |
| Other Decreases | 3704253 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 5337883 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 1036901 | 792664 | 244237 | 244237 |
| 1231 LOSS | P | 418 | -418 | -418 | |
| CAPITAL GAINS DIVIDENDS | P | 1890 | 1890 | 1890 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 245709 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 763334 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 7882906 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.096834 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 645740 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 9786538 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.065982 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 863282 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 9088819 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.094983 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 669082 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 6040122 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.110773 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 579470 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 3901121 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.148539 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.517111 | TotalDistributionRatio |
| Average Distribution Ratio | 0.103422 | AverageDistributionRatio |
| Net Noncharitable Assets | 6946135 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 718383 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 3543 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 721926 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 405760 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 7085 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 7085 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 7085 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 2000 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 5160 | TaxPaidWithExtension |
| Total Credits And Payments | 7160 | TotalCreditsAndPayments |
| Overpayment | 75 | Overpayment |
| Amount Credited To Next Year | 75 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
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 | NC | 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 Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACK FERGUSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8286671418 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 BEAVERDAM ROAD | AddressLine1 |
| City | CANDLER | City |
| State | NC | State |
| ZIP Code | 28715 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| JACK R FERGUSON | ||||||||
| 71 BEAVERDAM ROAD | CANDLER | NC | 28715 | PRESIDENT | 7.00 | 0 | 0 | 0 |
| CAROLYN H FERGUSON | ||||||||
| 71 BEAVERDAM ROAD | CANDLER | NC | 28715 | SECRETARY | 7.00 | 0 | 0 | 0 |
| CAROLYN RENEA BENNETT | ||||||||
| 116 YOUNG DRIVE | CANDLER | NC | 28715 | DIRECTOR | 3.00 | 12000 | 0 | 0 |
| ELIZABETH JONEL KINSER | ||||||||
| 1924 WATERFORD VILLAGE DRIVE | CLEMMONS | NC | 27012 | DIRECTOR | 3.00 | 12000 | 0 | 0 |
| ROBIN JACK FERGUSON | ||||||||
| 75 FAIRMONT ROAD | CANDLER | NC | 28715 | DIRECTOR | 3.00 | 12000 | 0 | 0 |
| STEVEN RAY FERGUSON | ||||||||
| 89 FAIRMONT ROAD | CANDLER | NC | 28715 | DIRECTOR | 3.00 | 12000 | 0 | 0 |
| CHRIS WELLS | ||||||||
| 109 BLOCK HOUSE ROAD | GREENVILLE | SC | 29615 | DIRECTOR | 1.00 | 12000 | 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) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1239853 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 196902 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 5615159 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 7051914 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 7051914 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 105779 | CashDeemedCharitable |
| Net Noncharitable Assets | 6946135 | NetNoncharitableAssets |
| Minimum Investment Return | 347307 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 347307 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 7085 | TaxBasedOnInvestmentIncome |
| Total Tax | 7085 | TotalTax |
| Distributable Amount Before Adj | 340222 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 340222 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 340222 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 405760 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 405760 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 405760 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 340222 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 466670 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 396780 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 414777 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 233562 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 370215 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1882004 | TotalExcessDistriCarryover |
| Qualifying Distributions | 405760 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 340222 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 65538 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 1947542 | 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 | 466670 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 1480872 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 396780 | ExcessFromYear4 |
| Excess From Year3 | 414777 | ExcessFromYear3 |
| Excess From Year2 | 233562 | ExcessFromYear2 |
| Excess From Year1 | 370215 | ExcessFromYear1 |
| Excess From Current Year | 65538 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JACK R FERGUSON | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| ABCCM HOMINY VALLEY | |||||||
| 155 CANDLER SCHOOL RD | CANDLER | NC | 28715 | N/A | N/A | GENERAL DONATION | $35,000 |
| AMERICAN FOUNDATION FOR SUICIDE PREVENTION | |||||||
| P O BOX 129 | HUDSON | MA | 01749 | N/A | GENERAL DONATION | $10,000 | |
| ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION | |||||||
| 340 VICTORIA ROAD | ASHEVILLE | NC | 28801 | N/A | N/A | ENDOWED SCHOLARSHIP FUND | $20,000 |
| BUNCOMBE COUNTY SHERIFF'S DEPARTMENT | |||||||
| 202 HAYWOOD ST | ASHEVILLE | NC | 28801 | N/A | N/A | MOUNTAIN SANTA PROJECT | $2,000 |
| DAY STAY HBC INC | |||||||
| 135 CANDLER SCHOOL ROAD | CANDLER | NC | 28715 | N/A | N/A | DAYSTAY PROGRAM | $13,000 |
| ELECTA CHAPTER ORDER OF EASTERN STAR | |||||||
| 6 ST PAUL STREET | ASHEVILLE | NC | 28803 | N/A | GENERAL DONATION | $1,200 | |
| HOMINY BAPTIST CHURCH | |||||||
| 135 CANDLER SCHOOL RD | CANDLER | NC | 28715 | N/A | GENERAL DONATION | $35,000 | |
| MARS HILL COLLEGE | |||||||
| P O BOX 370 | MARS HILL | NC | 28754 | N/A | N/A | CONSTRUCTION OF MATH & SCIENCE BUILDING | $50,000 |
| MISSION HEALTHCARE FOUNDATION | |||||||
| 980 HENDERSONVILLE RD SUITE C | ASHEVILLE | NC | 28803 | N/A | N/A | CANCER CENTER CAPITAL FUND | $150,000 |
| PEDIATRIC BRAIN TUMOR FOUNDATION | |||||||
| 302 RIDGEFIELD COURT | ASHEVILLE | NC | 28806 | N/A | N/A | GENERAL DONATION | $25,000 |
| PRESBYTERIAN HOME FOR CHILDREN | |||||||
| 80 LAKE EDEN ROAD | BLACK MOUNTAIN | NC | 28711 | N/A | GENERAL DONATION | $3,000 | |
| ST JUDES CHILDREN'S RESEARCH HOSPITAL | |||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 381051942 | N/A | GENERAL DONATION | $25,000 | |
| WESTCARE HEALTH SYSTEM | |||||||
| 68 HOSPITAL ROAD | SYLVA | NC | 287792795 | N/A | TRANSPORT INCUBATOR | $17,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 386200 | 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 | $1,720 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $139,305 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $245,709 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LINN ENERGY K-1 | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,170 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $387,904 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 387904 | 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 & TAX PREP | Category |
| Amount | $9,035 | Amount |
| Net Investment Income | 7500 | NetInvestmentIncome |
| Disbursements Charitable Prps | 1535 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (10 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| LOWES STOCK | 131280 | 782496 |
| DUKE ENERGY CORP | 74649 | 76583 |
| PROGRESS ENERGY | 78984 | 86960 |
| FNB CORP | 16503 | 7875 |
| VERIZON COMMUNICATIONS | 32641 | 35780 |
| WINDSTREAM CORP | 26668 | 27880 |
| BRISTOL MYERS SQUIBB CO | 26730 | 26480 |
| ALTRIA GROUP | 61612 | 73860 |
| AT&T | 49618 | 58760 |
| CORNING INC | 36699 | 38640 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (10 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| LIFE INSURANCE - 25,000,000 | AT COST | 0 | 0 |
| LIFE INSURANCE - 8,500,000 | AT COST | 0 | 0 |
| COLE CREDIT PROPERTY TRUST II | AT COST | 1550000 | 1285592 |
| SURBURBAN PROPANE PARTNERS LP | AT COST | 0 | 0 |
| ADVISORS DISCIPLINED TR UNIT 39 | AT COST | 0 | 0 |
| FRANKLIN SQUARE DEBT INSTRUMENT | AT COST | 400000 | 412050 |
| WELLS REIT II | AT COST | 800000 | 800000 |
| SOUTHERN COMMUNITY | AT COST | 28756 | 18440 |
| MACQUARIE EQUPMENT LEASING FUND | AT COST | 149247 | 147313 |
| HARTFORD INSURANCE 1955316 | AT COST | 1774008 | 1912589 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FEDERAL INCOME TAX | $2,330 |
| NONDEDUCTIBLE FROM PARTNERSHIP K-1S | $31 |
| CASH SURRENDER VALUE LOSS | $3,701,892 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| BANK FEES | 170 | 170 | 0 |
| SECTION 59(E) EXPENSES | 2291 | 2291 | 0 |
| OFFICE EXPENSE | 50 | 25 | 25 |
| PARTNERSHIP LOSSES | 1971 | 1971 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LINN ENERGY K-1 | Description |
| Revenue And Expenses Per Books | 1170 | RevenueAndExpensesPerBooks |
| Net Investment Income | 1170 | NetInvestmentIncome |
| Adjusted Net Income | 1170 | AdjustedNetIncome |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NONDIVIDEND DISTRIBUTIONS | Description |
| Amount | $92,158 | Amount |