2026-05-11T11:24:11-07:00 2025-12-31 562067992 Combs Tennant & Carpenter PC 2348 Highway 105 Boone NC 28607 990 2025-01-01 821682102 LINVILLE FOUNDATION INC LINV 8287333043 PO BOX 99 LINVILLE NC 28646 THOMAS DALE PRESIDENT 8287333043 2026-04-12 true DOUGLAS M TENNANT P00076772 8287330066 2025 2025-03-06 01:10:19Z TOM DALE PO BOX 99 LINVILLE NC 28646 1383186 false X N/A X 2017 NC The Foundation inspires, encourages, and supports students in their pursuit of college, graduate, or vocational education through financial aid and the granting of scholarship awards. 10 10 0 0 0 0 543051 583064 0 122947 166143 0 665998 749207 457550 492925 0 0 0 0 57166 55915 514716 548840 151282 200367 3555388 4055543 0 3555388 4055543 The Foundation inspires, encourages, and supports students in their pursuit of college, graduate, or vocational education through financial aid and the granting of scholarship awards. false false 503686 492925 749207 The Foundation granted over 85 scholarships to students to help further their education in graduate and undergraduate degrees. Our goal is to help and encourage students to further their education with college degrees and to provide support to these students during their time in college. 503686 true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 0 0 0 false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true false false true false false BETSY AUSTIN 8287333043 PO BOX 99 LINVILLE NC 28657 DAVID THOMPSON CHAIRMAN 1.00 X 0 0 0 THOMAS DALE PRESIDENT 1.00 X X 0 0 0 DIANNE BAILEY TRUSTEE 1.00 X 0 0 0 MARGARET TOWNSEND TRUSTEE 1.00 X 0 0 0 HARRISON H WILLIAMSON JR TRUSTEE 1.00 X 0 0 0 PETER LARKIN TRUSTEE 1.00 X 0 0 0 CALDWELL ROSE TRUSTEE 1.00 X 0 0 0 MARY HOLT MURPHY TRUSTEE 1.00 X 0 0 0 GIGI DEMICK TRUSTEE 1.00 X 0 0 0 ROBERT SPILMAN III TRUSTEE 1.00 X 0 0 0 BETSY AUSTIN SECRETARY / TREASURER 2.00 X 0 10000 0 0 10000 0 false false false 583064 24343 583064 102462 0 102462 697660 633979 63681 63681 0 0 63681 749207 0 0 166143 492925 492925 0 0 0 0 11215 10000 1215 0 2475 0 2475 0 25465 0 25465 0 1066 0 1066 0 10681 0 10681 0 1440 0 1440 0 LICENSES AND FEES 202 0 202 0 POSTAGE 761 761 0 0 PRINTING & COPING 2406 0 2406 0 BANK FEES 204 0 204 0 548840 503686 45154 0 364877 329006 3190511 3726537 3555388 4055543 0 0 X 3555388 4055543 3555388 4055543 3555388 4055543 200367 296788 3000 X false false false X 0 742907 520388 512313 543051 583064 2901723 0 0 742907 520388 512313 543051 583064 2901723 321507 2580216 96076 72601 83392 93651 102462 448182 0 0 3349905 0.77020 0.68890 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true SCHOLARSHIPS TO STUDENTS ENROLLED IN GRADUATE, UNDERGRADUATE OR VOC ED TRAINING 86 492925 Pt I Line 2 THE LINVILLE FOUNDATION HAS POLICIES AND PROCEDURES IN PLACE TO ENSURE THAT SCHOLARSHIP AWARDS ARE USED FOR THEIR INTENDED PURPOSE. TO BE CONSIDERED FOR A SCHOLARSHIP, APPLICANTS MUST SUBMIT PROOF OF ENROLLMENT OR ACCEPTANCE WITH THEIR APPLICATION. IN ADDITION, THE FOUNDATION MAINTAINS CONTACT WITH AWARD RECIPIENTS THROUGHOUT THE YEAR TO VERIFY THEIR ACADEMIC PROGRESS X 5 24343 AVERAGE SHARE PRICE false true true Pt I Line 32b THE FOUNDATION RECEIVES PUBLICLY TRADED SECURITIES FROM TIME TO TIME, ALL PUBLICLY TRADED SECURITIES ARE SOLD THROUGH WELLS FARGO BROKERAGE Pt VI, Line 11b THE BOARD OF TRUSTEES REVIEWS THE 990 BEFORE FILING Pt VI, Line 12c THE FOUNDATIONS CONFLICTS OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION (INTERESTED PERSONS). ALL INTERESTED PERSONS ARE REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST THAT ARISE. THE BOARD OF DIRECTORS DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS AFTER REVIEWING THE MATTER WITH THE INTERESTED PERSON. ANY INTERESTED PERSON WHO ENGAGES IN A TRANSACTION THAT CREATES A CONFLICT OF INTEREST IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THE TRANSACTION WHENEVER THERE IS A VIOLATION OF THE CONFLICTS OF INTEREST POLICY, THE BOARD OF DIRECTORS INFORMS THE INTERESTED PERSON ABOUT THE CONFLICT AND TAKES APPROPRIATE CORRECTIVE ACTION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR CONDUCTING PERIODIC REVIEWS TO ENSURE COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY. Pt VI, Line 15a THE BOARD OF DIRECTORS DETERMINES ANY PAY THAT THE DIRECTOR, OFFICERS OR ANY EMPLOYEE MAY RECEIVE.