BRIGHTHOUSE FINANCIAL FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- BRIGHTHOUSE FINANCIAL FOUNDATION (EIN 82-2910432)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-14
- IRS object ID
- 202611349349102846
- Schema version
- 2025v4.1
- 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 Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T12:31:38-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12830 EL CAMINO REAL SUITE 600 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 822910432 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIGHTHOUSE FINANCIAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRIG | BusinessNameControlTxt |
| Phone | 9809493731 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11225 NORTH COMMUNITY HOUSE ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 282774435 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGHAN LANTIER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9809493731 | PhoneNum |
| Signature | 2026-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOCELYNE MILLER | PreparerPersonNm |
| PTIN | P00634378 | PTIN |
| Phone | 6192326500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,151,988 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $207,238 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $207,238 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $612,544 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,624,603 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $612,544 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $819,782 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $819,782 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $35,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $33,316 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,684 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $11,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,888 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,888 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $57,888 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $45,204 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,684 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $808,441 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $808,441 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $866,329 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $45,204 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $810,125 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$46,547 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $774,578 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $138,756 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $536,651 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $536,651 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,362,132 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,613,430 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,613,430 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $473 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,907 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,907 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,501,361 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,151,988 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,151,988 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,501,361 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,151,988 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,501,361 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,151,988 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,501,361 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,151,988 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,501,361 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$46,547 | ExcessRevenueOverExpensesAmt |
| Other Increases | $697,174 | OtherIncreasesAmt |
| Subtotal | $11,151,988 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,151,988 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| INVESCO QQQ TRUST ETF | P | 2025-01-01 | 2025-12-31 | $812,802 | $532,515 | $280,287 | $280,287 |
| VANGUARD SP 500 ETF | P | 2025-01-01 | 2025-12-31 | $1,250,745 | $898,318 | $352,427 | $352,427 |
| VANGUARD TOTAL BOND MARKET ETF | P | 2025-01-01 | 2025-12-31 | $507,375 | $521,537 | -$14,162 | -$14,162 |
| ISHARES RUSSELL 2000 ETF | P | 2025-01-01 | 2025-02-26 | $53,681 | $59,689 | -$6,008 | -$6,008 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $612,544 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,767 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,767 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,767 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,305 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,305 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,538 | OverpaymentAmt |
| Applied To ES Tax | $1,538 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 9809493731 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11225 NORTH COMMUNITY HOUSE ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 282774435 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARIA TARHANIDIS | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | VICE PRESIDENT | 0.58 | $0 | $0 | $0 |
| ERIC STEIGERWALT | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | CHIEF EXECUTIVE OFFICER | 0.15 | $0 | $0 | $0 |
| MEGHAN LANTIER | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | VICE PRESIDENT | 3.08 | $0 | $0 | $0 |
| JOHN ROSENTHAL | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | SENIOR VICE PRESIDENT | 0.19 | $0 | $0 | $0 |
| PERRY PAO | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | VICE PRESIDENT | 0.19 | $0 | $0 | $0 |
| MARIANA ORIHEL | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | VICE PRESIDENT | 0.19 | $0 | $0 | $0 |
| CRYSTAL DUNHAM | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | MANAGER | 24.62 | $0 | $0 | $0 |
| JEFF HALPERIN | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | SENIOR VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| JAMES GRADY | ||||||||
| 11225 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282774435 | SENIOR MANAGING DIRECTOR | 0.08 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,191,074 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $659,660 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,850,734 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,850,734 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $162,761 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,687,973 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $534,399 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $534,399 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,767 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,767 | TotalTaxAmt |
| Distributable Before Adj | $523,632 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $523,632 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $523,632 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $810,125 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $810,125 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $523,632 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $785,499 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $314,683 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $156,561 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $325,504 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $454,966 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,037,213 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $810,125 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $523,632 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $286,493 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,323,706 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $785,499 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,538,207 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $314,683 | ExcessFromYear4Amt |
| Excess From Year3 | $156,561 | ExcessFromYear3Amt |
| Excess From Year2 | $325,504 | ExcessFromYear2Amt |
| Excess From Year1 | $454,966 | ExcessFromYear1Amt |
| Excess From Current Year | $286,493 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ARTS | |||||||
| PO BOX 32757 | CHARLOTTE | NC | 28232 | NONE | PC | GENERAL OPERATING PURPOSE | $40,000 |
| BRAVEWORKS | |||||||
| 1717 CLEVELAND AVENUE | CHARLOTTE | NC | 28203 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| CAROLINA YOUTH COALITION | |||||||
| 6035 FLORENCE AVENUE 200 | CHARLOTTE | NC | 28212 | NONE | PC | GENERAL OPERATING PURPOSE | $75,000 |
| CHARLOTTE CENTER FOR LEGAL ADVOCACY(CCLA) | |||||||
| 5535 ALBERMARLE ROAD | CHARLOTTE | NC | 28212 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| CHILDRENS THEATRE OF CHARLOTTE(CTC) | |||||||
| 300 E 7TH STREET | CHARLOTTE | NC | 28202 | NONE | PC | GENERAL OPERATING PURPOSE | $40,000 |
| COMMON WEALTH CHARLOTTE | |||||||
| 5301 WILKINSON BOULEVARD | CHARLOTTE | NC | 28208 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| CRITTENTON | |||||||
| 3350 HOLABIRD LN | CHARLOTTE | NC | 28209 | NONE | PC | GENERAL OPERATING PURPOSE | $100,000 |
| DIGI-BRIDGE | |||||||
| PO BOX 31549 | CHARLOTTE | NC | 28231 | NONE | PC | GENERAL OPERATING PURPOSE | $35,000 |
| DOTTIE ROSE FOUNDATION | |||||||
| 5220 BUCKINGHAM DRIVE | CHARLOTTE | NC | 28209 | NONE | PC | GENERAL OPERATING PURPOSE | $35,000 |
| FEEDING AMERICA | |||||||
| 161 NORTH CLARK STREET 700 | CHICAGO | IL | 60601 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| FREEDOM SCHOOL PARTNERS | |||||||
| PO BOX 37363 | CHARLOTTE | NC | 28237 | NONE | PC | GENERAL OPERATING PURPOSE | $50,000 |
| GENONE | |||||||
| 3800 SHAMROCK DRIVE | CHARLOTTE | NC | 28215 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| GREATER STEPS SCHOLARS | |||||||
| 220 N TYRON STREET | CHARLOTTE | NC | 28202 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| HABITAT FOR HUMANITY OF THE CHARLOTTE REGION | |||||||
| PO BOX 220287 | CHARLOTTE | NC | 28222 | NONE | PC | GENERAL OPERATING PURPOSE | $100,000 |
| HEART MATH TUTORING | |||||||
| PO BOX 30623 | CHARLOTTE | NC | 28230 | NONE | PC | GENERAL OPERATING PURPOSE | $60,000 |
| QUEEN CITY SCHOLARS | |||||||
| PO BOX 392 | WILMINGTON | DE | 19899 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| RENAISSANCE WEST COMMUNITY INITIATIVE | |||||||
| 3610 NOBLES AVENUE | CHARLOTTE | NC | 28208 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| RONALD MCDONALD HOUSE CHARITIES OF TAMPA BAY INC | |||||||
| 35 DAVIS BOULEVARD | TAMPA | FL | 33606 | NONE | PC | GENERAL OPERATING PURPOSE | $23,441 |
| ROSIES PLACE INC | |||||||
| 889 HARRISON AVENUE | BOSTON | MA | 02118 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| TEACH FOR AMERICA INC 437 NORTH CAROLINA | |||||||
| 25 BROADWAY 12TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL OPERATING PURPOSE | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $808,441 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $207,238 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $612,544 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $819,782 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $819,782 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $35,000 | Amt |
| Net Investment Income | $33,316 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,684 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTCO OQQ TRUST ETR | $1,701,639 | $1,701,639 |
| ISHARES SHORT | $462,630 | $462,630 |
| ISHARES RUSSELL 2000 ETF | $492,320 | $492,320 |
| VANGUARD S P 500 INDEX FUND | $5,723,188 | $5,723,188 |
| ISHARES BROAD USD INVESTMENT ETF | $468,519 | $468,519 |
| VANGUARD TOTAL BOND MARKET ETF | $1,236,969 | $1,236,969 |
| ISHARES MSCI | $528,165 | $528,165 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST INCOME | Desc |
| BOY Book Value | $473 | BOYBookValueAmt |
| EOY Book Value | $1,907 | EOYBookValueAmt |
| EOYFMV | $1,907 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK FEES | Desc |
| Revenue And Expenses Per Books | $11,888 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $11,888 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $697,174 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX | CategoryTxt |
| Amt | $11,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |