-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Information about Form 990-PF and its instructions is at
www.irs.gov/form990pf
.
OMB No. 1545-0052
20
14
Open to Public Inspection
For calendar year 2014, or tax year beginning
2014, and ending
, 20
Name of foundation
ETHEL W CRAWLEY MEMORIAL EDUC FUND
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 2907 - TRUST TAX DEPT
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILSON
,
NC
278942907
A Employer identification number
56-6534286
B
Telephone number (see instructions)
(919) 716-6259
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here .............
2.
Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
I
Fair market value of all assets at end
of year
(from Part II, col. (c),
line 16)
$
3,466,685
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach
schedule)
..............
2
Check
Sch. B
...............
3
Interest on savings and temporary cash investments
3,594
3,594
4
Dividends and interest from securities
......
72,901
72,901
5a
Gross rents
..............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
176,392
b
Gross sales price for all assets on line 6a
1,297,434
7
Capital gain net income (from Part IV, line 2)
...
176,392
8
Net short-term capital gain
.........
0
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
123
123
12
Total.
Add lines 1 through 11
........
253,010
253,010
13
Compensation of officers, directors, trustees, etc.
47,796
47,796
14
Other employee salaries and wages
......
0
0
0
15
Pension plans, employee benefits
.......
0
0
16a
Legal fees (attach schedule)
.........
0
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
21,450
7,950
13,500
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
6,803
3,724
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
1,631
1,631
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
77,680
61,101
0
13,500
25
Contributions, gifts, grants paid
........
217,324
217,324
26
Total expenses and disbursements.
Add lines 24 and 25
295,004
61,101
0
230,824
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-41,994
b
Net investment income
(if negative, enter -0-)
191,909
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2014)
Form 990-PF (2014)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
...............
41,450
131,130
131,130
2
Savings and temporary cash investments
..........
33,344
126,477
126,477
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
8
Inventories for sale or use
...............
9
Prepaid expenses and deferred charges
...........
10a
Investments—U.S. and state government obligations (attach schedule)
247,193
b
Investments—corporate stock (attach schedule)
........
1,269,022
1,178,170
1,567,308
c
Investments—corporate bonds (attach schedule)
........
605,003
787,184
784,614
11
Investments—land, buildings, and equipment: basis
216,799
Less: accumulated depreciation (attach schedule)
216,799
216,799
613,438
12
Investments—mortgage loans
..............
13
Investments—other (attach schedule)
...........
292,715
223,330
243,691
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
5
5
27
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
2,705,531
2,663,095
3,466,685
17
Accounts payable and accrued expenses
..........
18
Grants payable
..................
19
Deferred revenue
..................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
..........
0
Foundations that follow SFAS 117, check here
and complete lines 24 through 26 and lines 30 and 31.
24
Unrestricted
...................
25
Temporarily restricted
................
26
Permanently restricted
................
Foundations that do not follow SFAS 117, check here
and complete lines 27 through 31.
27
Capital stock, trust principal, or current funds
.........
2,705,531
2,663,095
28
Paid-in or capital surplus, or land, bldg., and equipment fund
29
Retained earnings, accumulated income, endowment, or other funds
30
Total net assets or fund balances
(see instructions)
......
2,705,531
2,663,095
31
Total liabilities and net assets/fund balances
(see instructions)
..
2,705,531
2,663,095
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)
...............
1
2,705,531
2
Enter amount from Part I, line 27a
.....................
2
-41,994
3
Other increases not included in line 2 (itemize)
3
5
4
Add lines 1, 2, and 3
..........................
4
2,663,542
5
Decreases not included in line 2 (itemize)
5
447
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30
.
6
2,663,095
Form
990-PF
(2014)
Form 990-PF (2014)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
100000. FED NATL MTG ASSN DTD 11/6/03 5.125% 01/
2006-08-16
2014-01-02
b
50000. FED HOME LOAN MTG CORP DTD 01/30/04 CALLABLE 01/30/07 @ 100 5%
2006-04-19
2014-01-30
c
686.469 ABERDEEN EQUITY LONG SHORT FUND INST CL
2011-12-29
2014-01-31
d
180. L'AIR LIQUIDE-UNSPONS ADR COMMON
2011-09-12
2014-01-31
e
80. ALLERGAN INC
2014-01-31
15. ALLIANCE DATA SYSTEMS COMMON
2013-01-29
2014-01-31
280. ALLIANZ COMMON
2011-09-12
2014-01-31
20. AMAZON INC COMMON
2012-07-09
2014-01-31
2024.633 AMERICAN CENTURY DIVERSIFIED BOND FUND #
2014-01-31
240. ARIAD PHARMACEUTICALS INC COMMON
2013-10-01
2014-01-31
140. ATLAS COPCO AB SPONS
2009-12-15
2014-01-31
50. ATWOOD OCEANICS INC
2009-08-12
2014-01-31
45. BAIDU INC
2013-10-01
2014-01-31
130. BENCHMARK ELECTRONICS COMMON
2009-08-12
2014-01-31
25. BLACKROCK INC COMMON
2012-10-09
2014-01-31
80. CAMERON INT'L CORP COM
2013-01-29
2014-01-31
80. CANADIAN NATL RY CO
2014-01-31
20. CHEVRON TEXACO CORP COMMON
2009-02-23
2014-01-31
70. CINTAS CORP
2011-02-16
2014-01-31
60. CITRIX SYSTEMS
2013-05-24
2014-01-31
90. COCHLEAR LIMITED UNSPONS ADR
2011-09-12
2014-01-31
75.519 COHEN & STEERS REALTY SHARES INSTITUTION
2014-01-31
160. COMCAST CORP NEW CL A
2013-05-24
2014-01-31
1618.47 CREDIT SUISSE COMMODITY RETURN STRATEGY INSTITUTIONAL SHS FD 2
2013-05-24
2014-01-31
10609.006 CREDIT SUISSE COMMODITY RETURN STRATEGY INSTITUTIONAL SHS FD
2014-01-31
50. DBS GROUP HLDGS LTD SPONSORED ADR F/K/A DEVELOPMENT BK SINGAPORE L
2009-08-12
2014-01-31
70. DANAHER CORP COMMON
2013-01-29
2014-01-31
40. DASSAULT SYSTEMS
2011-09-12
2014-01-31
181.817 DOUBLELINE TOTAL RETURN BOND FUND
2012-01-04
2014-01-31
1092.92 DRIEHAUS ACTIVE INCOME FUND INST CL FUND # 1123 CLOSED TO NEW
2011-12-29
2014-01-31
40. EDWARDS LIFESCIENCES CORP COMMON
2013-01-29
2014-01-31
40. EMERSON ELECTRIC COMPANY
2011-09-12
2014-01-31
80. ENERGIZER HOLDINGS INC
2011-06-23
2014-01-31
567.305 FEDERATED TOTAL RETURN GOV'T BOND FUND #647
2013-03-28
2014-01-31
3061.988 FEDERATED TOTAL RETURN GOV'T BOND FUND #647
2014-01-31
1617.807 FORWARD INTERNATIONAL SMALL COMPANIES FD
2011-09-12
2014-01-31
70. FRESENIUS MED CARE
2011-09-12
2014-01-31
130. FUEL SYSTEMS SOLUTIONS INC COMMON
2012-08-10
2014-01-31
240. GENERAL ELECTRIC COMPANY
2014-01-31
4. GOOGLE INC CL A
2012-10-09
2014-01-31
40. HSBC HLDGS PLC ADR
2013-03-28
2014-01-31
60. HEALTH CARE REIT INC
2009-08-12
2014-01-31
636.847 HIGHLAND LONG/SHORT EQUITY FUND CL Z FUN
2013-03-28
2014-01-31
1046.75 HIGHLAND LONG/SHORT EQUITY FUND CL Z FUN
2014-01-31
130. IXIA
2013-10-01
2014-01-31
60. IMPERIAL OIL LTD COMMON
2011-09-12
2014-01-31
210. INTEL CORPORATION
2014-01-31
40. INTUIT INC COMMON
2012-10-09
2014-01-31
140. JUNIPER NETWORKS INC
2012-08-10
2014-01-31
120. L'OREAL SA ADR
2011-09-12
2014-01-31
80. LAKELAND FINANCIAL CORP
2009-08-12
2014-01-31
550. LONZA GROUP AG ADR
2011-09-12
2014-01-31
50. MSC INDUSTRIAL DIRECT INC CLASS A COMMON
2013-05-24
2014-01-31
666.387 MAINSTAY MARKETFIELD FUND-I
2013-03-28
2014-01-31
141.743 MAINSTAY MARKETFIELD FUND-I
2011-12-29
2014-01-31
40. MCDONALDS CORPORATION
2011-09-12
2014-01-31
100. MEDNAX INC COMMON
2009-08-12
2014-01-31
330. MICROSOFT CORPORATION
2013-03-28
2014-01-31
310. MICROSOFT CORPORATION
2014-01-31
30. MOODY'S CORPORATION
2012-10-09
2014-01-31
50. NAVIGATORS GROUP INC COMMON
2009-08-12
2014-01-31
90. NESTLE SA ADR
2009-08-12
2014-01-31
110. NOVARTIS AG
2014-01-31
80. OMNICOM GROUP INCORPORATED
2011-09-12
2014-01-31
2680.209 PIMCO PIMS FOREIGN BOND FUND
2013-01-29
2014-01-31
40. PAREXEL INTERNATIONAL COMMON
2009-08-12
2014-01-31
160. PETROLEO BRASILEIRO SA PETROBRAS
2013-05-24
2014-01-31
260. PFIZER INCORPORATED
2011-09-12
2014-01-31
8. PRICELINE GROUP INC/THE COMMON
2012-07-09
2014-01-31
100. QUALCOMM INC COMMON
2014-01-31
90. ROCHE HOLDING LTD ADR
2014-01-31
55. ROSS STORES INC COM
2014-01-31
50. SAP AKTIENGESELLSCHAFT
2009-08-12
2014-01-31
40. SCHLUMBERGER LTD
2009-05-28
2014-01-31
90. SEMPRA ENERGY
2009-08-12
2014-01-31
40. SIGNATURE BANK COMMON
2009-12-15
2014-01-31
290. SONOVA HOLDING AG
2011-09-12
2014-01-31
180. SOUTHERN COMPANY
2013-01-29
2014-01-31
100. SPECTRA ENERGY CORPORATION
2013-01-29
2014-01-31
230. SWATCH GROUP AG
2011-09-12
2014-01-31
90. TEXAS INSTRUMENTS INCORPORATED
2014-01-31
50. TIME WARNER CABLE INC
2013-03-28
2014-01-31
50. TORO COMPANY COMMON
2009-08-12
2014-01-31
70. THE TRAVELERS COMPANIES INC.
2006-05-19
2014-01-31
907.587 TURNER SPECTRUM FUND INST CL FUND # 3311
2011-12-29
2014-01-31
646.361 TURNER SPECTRUM FUND INST CL FUND # 3311
2013-03-28
2014-01-31
360. UNICHARM CORP
2011-09-12
2014-01-31
45. UNION PACIFIC CORP
2012-07-09
2014-01-31
60. WPP PLC
2011-09-12
2014-01-31
906.923 WASATCH 1ST SOURCE LONG/SHORT FUND # 9
2014-01-31
100. XILINX INC
2014-01-31
210. XINYI GLASS HOLDINGS LTD
2013-05-24
2014-01-31
60. NOBLE CORP PLC
2012-08-10
2014-01-31
90. SEAGATE TECHNOLOGY
2011-02-16
2014-01-31
497. CNH INDUSTRIAL NV
2011-09-12
2014-01-31
140. AVAGO TECHNOLOGIES LTD
2013-01-29
2014-01-31
60. ABBVIE INC COMMON
2014-03-28
186.741 AMERICAN CENTURY DIVERSIFIED BOND FUND #
2009-09-28
2014-03-28
8. APPLE COMPUTER CORPORATION COMMON
2012-07-09
2014-03-28
60. ARM HOLDINGS PLC -SPONS ADR
2014-03-28
120. BG GROUP PLC SPON ADR
2014-03-28
50. BANCFIRST CORP
2012-05-01
2014-03-28
75.523 COHEN & STEERS REALTY SHARES INSTITUTION
2011-09-12
2014-03-28
50. CROWN HOLDINGS INC COMMON
2010-09-13
2014-03-28
420. GAZPROM
2014-03-28
260. GAZPROM
2013-05-24
2014-03-28
205. GENERAL ELECTRIC COMPANY
2009-02-23
2014-03-28
80. HIBBETT SPORTS INC COMMON
2014-03-28
80. ICICI BANK LIMITED SPONS ADR
2012-07-09
2014-03-28
80. LVMH MOET-HENNESSEY UNSPON ADR
2011-09-12
2014-03-28
20. MYRIAD GENETICS INC COMMON
2014-01-31
2014-03-28
80. MYRIAD GENETICS INC COMMON
2012-08-10
2014-03-28
300. NOKIAN RENKAAT OYJ
2013-03-28
2014-03-28
140. OMNIVISION TECHNOLOGIES INC COMMON
2011-09-12
2014-03-28
230. ROGERS COMMUNICATIONS INC INC
2014-03-28
71. SUPERIOR ENERGY SVCS INC
2014-03-28
220. TARGET CORP COM
2011-02-16
2014-03-28
90. TERADATA CORP COMMON
2013-03-28
2014-03-28
80. WISCONSIN ENERGY CORPORATION
2014-03-28
40. SIGNET JEWELERS LTD
2011-09-12
2014-03-28
150. UTI WORLDWIDE INC
2012-10-09
2014-03-28
50000. FED HOME LOAN BANK DTD 5/27/04 5.25% 06/
2006-04-19
2014-06-18
.1 L'AIR LIQUIDE-UNSPONS ADR COMMON
2011-09-12
2014-07-31
.1 ITAU UNIBANCO BANCO MULTIPLO SA
2013-03-28
2014-08-05
50. ADVANCED AUTO PTS INC COM
2013-05-24
2014-08-18
25. AFFILIATED MANAGERS GROUP INC
2013-05-24
2014-08-18
18. AMAZON INC COMMON
2012-07-09
2014-08-18
9079.13 AMERICAN CENTURY DIVERSIFIED BOND FUND #
2014-08-18
60. ANHEUSER-BUSCH INBEV NV SPN ADR
2014-08-18
140. BROWN & BROWN INC
2014-03-28
2014-08-18
100. CDW CORP OF DELAWARE COMMON
2014-08-18
128.152 COHEN & STEERS REALTY SHARES INSTITUTION
2011-09-12
2014-08-18
60. DISNEY WALT COMPANY
2014-01-31
2014-08-18
90. DISNEY WALT COMPANY
2013-05-24
2014-08-18
181.323 DOUBLELINE TOTAL RETURN BOND FUND
2012-01-04
2014-08-18
292.351 DRIEHAUS ACTIVE INCOME FUND INST CL FUND # 1123 CLOSED TO NEW
2011-12-29
2014-08-18
90. FANUC LTD ADR
2009-08-12
2014-08-18
110. FRESENIUS MED CARE
2011-09-12
2014-08-18
90. INFORMATICA CORP
2013-01-29
2014-08-18
270. INTEL CORPORATION
2014-08-18
1261.272 ADVISORY RESEARCH MLP & ENERGY INC-I
2014-01-31
2014-08-18
190. ITAU UNIBANCO BANCO MULTIPLO SA
2009-08-12
2014-08-18
60. KINDER MORGAN INC COMMON
2013-05-24
2014-08-18
110. METLIFE COMMON
2014-08-18
40. MONSANTO CO COMMON
2012-07-09
2014-08-18
30. NESTLE SA ADR
2014-08-18
150. NETAPP INC
2014-08-18
100. NEWFIELD EXPL CO COM
2014-08-18
181.487 PIMCO PIMS FOREIGN BOND FUND
2014-08-18
25. PIONEER NAT RES CO COMMON
2011-09-12
2014-08-18
40. ROCKWELL INTERNATIONAL CORP NEW
2013-10-01
2014-08-18
80. SAP AKTIENGESELLSCHAFT
2014-08-18
130. SCHNEIDER ELECTRIC SA UNSPON ADR
2011-09-12
2014-08-18
50. SYNAPTICS INC
2014-08-18
40. TELEFLEX INC COMMON
2013-05-24
2014-08-18
340. TESCO PLC SPONS ADR
2014-08-18
80. THORATEC CORP.
2011-02-16
2014-08-18
110. UNION PACIFIC CORP
2012-07-09
2014-08-18
40. WELLPOINT INC
2013-03-28
2014-08-18
60. BUNGE LIMITED
2011-09-12
2014-08-18
14. STARWOOD WAYPOINT RESIDENTIAL TR COMMON
2014-01-31
2014-10-02
50000. US TREASURY BOND DTD 11/15/04 4.25% 11/1
2007-11-15
2014-11-15
CAPITAL GAIN DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
100,000
98,353
1,647
b
50,000
48,432
1,568
c
8,265
7,661
604
d
4,523
3,757
766
e
9,184
7,169
2,015
3,651
2,337
1,314
4,665
2,212
2,453
7,261
4,481
2,780
21,623
21,536
87
1,782
4,493
-2,711
3,802
2,006
1,796
2,391
1,423
968
7,064
7,111
-47
2,977
2,079
898
7,546
4,732
2,814
4,850
4,931
-81
4,252
2,756
1,496
2,249
1,321
928
3,996
2,017
1,979
3,266
3,781
-515
2,244
2,713
-469
3,189
3,002
187
8,693
6,632
2,061
11,621
12,268
-647
76,173
88,117
-11,944
2,552
1,774
778
5,217
4,275
942
4,744
2,835
1,909
1,995
2,004
-9
11,771
10,918
853
2,585
3,641
-1,056
2,646
1,728
918
7,566
5,608
1,958
6,263
6,524
-261
33,804
36,111
-2,307
27,438
19,365
8,073
2,473
2,304
169
1,597
2,289
-692
6,062
2,651
3,411
4,719
2,998
1,721
2,073
2,142
-69
3,478
2,348
1,130
7,833
7,311
522
12,875
11,700
1,175
1,671
2,009
-338
2,456
2,260
196
5,150
3,707
1,443
2,928
2,405
523
3,743
2,696
1,047
3,945
2,340
1,605
2,950
1,658
1,292
5,492
3,148
2,344
4,197
4,104
93
12,215
11,102
1,113
2,598
2,000
598
3,770
3,407
363
5,517
2,555
2,962
12,440
9,441
2,999
11,686
6,505
5,181
2,239
1,322
917
2,986
2,535
451
6,549
3,560
2,989
8,729
5,049
3,680
5,833
2,977
2,856
28,410
28,839
-429
1,970
503
1,467
1,812
2,893
-1,081
7,925
4,698
3,227
9,135
5,299
3,836
7,414
5,242
2,172
6,197
3,479
2,718
3,743
1,634
2,109
3,830
2,357
1,473
3,525
2,252
1,273
8,310
4,650
3,660
4,832
1,261
3,571
7,972
4,405
3,567
7,420
8,024
-604
3,612
2,744
868
6,879
4,681
2,198
3,807
3,034
773
6,706
4,801
1,905
3,164
907
2,257
5,703
3,143
2,560
10,691
9,929
762
7,614
7,194
420
3,917
3,383
534
7,902
5,304
2,598
6,300
2,778
3,522
14,293
11,794
2,499
4,649
2,628
2,021
3,380
3,461
-81
1,868
2,292
-424
4,778
1,247
3,531
5,236
3,788
1,448
7,729
4,843
2,886
3,092
1,530
1,562
1,996
1,993
3
4,292
4,884
-592
2,946
1,028
1,918
2,206
2,812
-606
2,770
2,107
663
3,352
2,851
501
2,193
1,477
716
3,079
4,784
-1,705
1,906
1,992
-86
5,318
1,972
3,346
4,350
4,657
-307
3,503
2,663
840
2,938
2,344
594
658
551
107
2,631
2,022
609
6,099
6,701
-602
2,440
2,394
46
9,517
9,809
-292
2,164
2,184
-20
13,179
11,822
1,357
4,368
5,170
-802
3,674
2,366
1,308
4,264
1,409
2,855
1,687
2,084
-397
50,000
50,000
3
2
1
2
1
1
6,640
4,189
2,451
5,014
4,030
984
6,036
4,033
2,003
98,509
98,764
-255
6,634
5,565
1,069
4,454
4,268
186
3,257
2,395
862
6,194
4,838
1,356
5,411
4,372
1,039
8,117
5,845
2,272
1,998
1,998
3,122
2,921
201
2,569
1,186
1,383
3,847
3,620
227
2,971
3,260
-289
9,256
5,278
3,978
18,616
15,955
2,661
3,019
2,677
342
2,454
2,436
18
5,853
3,788
2,065
4,780
3,310
1,470
2,305
1,368
937
6,177
6,421
-244
4,131
2,730
1,401
2,002
1,970
32
5,058
1,782
3,276
4,610
4,304
306
6,169
3,816
2,353
2,194
1,352
842
4,031
1,419
2,612
4,262
3,152
1,110
4,223
6,270
-2,047
1,903
2,211
-308
11,405
6,482
4,923
4,492
2,644
1,848
4,902
3,686
1,216
362
420
-58
50,000
50,565
-565
5,055
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
1,647
b
1,568
c
604
d
766
e
2,015
1,314
2,453
2,780
87
-2,711
1,796
968
-47
898
2,814
-81
1,496
928
1,979
-515
-469
187
2,061
-647
-11,944
778
942
1,909
-9
853
-1,056
918
1,958
-261
-2,307
8,073
169
-692
3,411
1,721
-69
1,130
522
1,175
-338
196
1,443
523
1,047
1,605
1,292
2,344
93
1,113
598
363
2,962
2,999
5,181
917
451
2,989
3,680
2,856
-429
1,467
-1,081
3,227
3,836
2,172
2,718
2,109
1,473
1,273
3,660
3,571
3,567
-604
868
2,198
773
1,905
2,257
2,560
762
420
534
2,598
3,522
2,499
2,021
-81
-424
3,531
1,448
2,886
1,562
3
-592
1,918
-606
663
501
716
-1,705
-86
3,346
-307
840
594
107
609
-602
46
-292
-20
1,357
-802
1,308
2,855
-397
1
1
2,451
984
2,003
-255
1,069
186
862
1,356
1,039
2,272
201
1,383
227
-289
3,978
2,661
342
18
2,065
1,470
937
-244
1,401
32
3,276
306
2,353
842
2,612
1,110
-2,047
-308
4,923
1,848
1,216
-58
-565
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
176,392
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2013
278,599
3,466,765
0.080363
2012
166,677
3,308,525
0.050378
2011
156,226
3,436,737
0.045458
2010
151,428
3,289,466
0.046034
2009
162,576
3,042,008
0.053444
2
Total
of line 1, column (d)
......................
2
0.275677
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years
.
.
.
3
0.055135
4
Enter the net value of noncharitable-use assets for 2014 from Part X, line 5
.....
4
3,497,867
5
Multiply line 4 by line 3
.......................
5
192,855
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
1,919
7
Add lines 5 and 6
.........................
7
194,774
8
Enter qualifying distributions from Part XII, line 4
..............
8
230,824
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form
990-PF
(2014)
Form 990-PF (2014)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
1,919
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
1,919
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
1,919
6
Credits/Payments:
a
2014 estimated tax payments and 2013 overpayment credited to 2014
6a
2,176
b
Exempt foreign organizations—tax withheld at source
.......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
2,176
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
257
11
Enter the amount of line 10 to be:
Credited to 2015 estimated tax
257
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
If "Yes," complete Part XIV
.............................
9
No
Form
990-PF
(2014)
Form 990-PF (2014)
Page
5
Part VII-A
Statements Regarding Activities (continued)
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions)
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement (see instructions)
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
14
The books are in care of
BRANCH BANKING & TRUST COMPANY
Telephone no.
(919) 716-6259
Located at
434 FAYETTEVILLE ST
RALEIGH
NC
ZIP+4
276011701
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—Check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
......
15
16
At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
16
No
See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country
Form
990-PF
(2014)
Form 990-PF (2014)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
........................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
.................
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.........
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)?
........
1b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2014?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2014?
...............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
No
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
........................
Yes
No
b
If "Yes," did it have excess business holdings in 2014 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2014.)
....................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
4b
No
5a
During the year did the foundation pay or incur any amount to:
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
...............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? (see instructions)
..................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
........
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)?
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
............
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.......................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If yes, did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
Form
990-PF
(2014)
Form 990-PF (2014)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to
employee benefit plans
and deferred compensation
(e)
Expense account,
other allowances
BRANCH BANKING AND TRUST COMPANY
TRUSTEE
1
47,796
434 FAYETTEVILLE ST
RALEIGH
,
NC
276011701
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Form
990-PF
(2014)
Form 990-PF (2014)
Page
8
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations,
see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
3,294,410
b
Average of monthly cash balances
.......................
1b
256,724
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
3,551,134
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
3,551,134
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
53,267
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
3,497,867
6
Minimum investment return.
Enter 5% of line 5
..................
6
174,893
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
174,893
2a
Tax on investment income for 2014 from Part VI, line 5
......
2a
1,919
b
Income tax for 2014. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
1,919
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
172,974
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
172,974
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
172,974
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
230,824
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
230,824
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b (see instructions)
.................
5
1,919
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
228,905
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2014)
Form 990-PF (2014)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2013
(c)
2013
(d)
2014
1
Distributable amount for 2014 from Part XI, line 7
172,974
2
Undistributed income, if any, as of the end of 2014:
a
Enter amount for 2013 only
.......
0
b
Total for prior years:
2012
,
20
,
20
0
3
Excess distributions carryover, if any, to 2014:
a
From 2009
.......
0
b
From 2010
.......
0
c
From 2011
.......
0
d
From 2012
.......
0
e
From 2013
.......
62,403
f
Total
of lines 3a through e
.........
62,403
4
Qualifying distributions for 2014 from Part
XII, line 4:
$
230,824
a
Applied to 2013, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
.........
0
d
Applied to 2014 distributable amount
.....
172,974
e
Remaining amount distributed out of corpus
57,850
5
Excess distributions carryover applied to 2014.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
120,253
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
...........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2013. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2014. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2015
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2009 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2015.
Subtract lines 7 and 8 from line 6a
......
120,253
10
Analysis of line 9:
a
Excess from 2010
....
0
b
Excess from 2011
....
0
c
Excess from 2012
....
0
d
Excess from 2013
....
62,403
e
Excess from 2014
....
57,850
Form
990-PF
(2014)
Form 990-PF (2014)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2014
(b)
2013
(c)
2012
(d)
2011
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used
directly for active conduct of exempt activities
...........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WILL CREWS
223 W NASH ST
WILSON
,
NC
278933801
(252) 246-4935
b
The form in which applications should be submitted and information and materials they should include:
APPLICATIONS MAY BE OBTAINED FROM LOCAL HIGH SCHOOL OR ACADEMY OFFICES LOCATED IN HALIFAX COUNTY, NC. MUST PROVIDE COPIES OF PARENTS' W-2 FORM FOR PROOF OF NEED.
c
Any submission deadlines:
APPLICATION MUST BE SUBMTTED BY MARCH 15
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SCHOLARSHIPS AWARDED TO INDIVIDUALS DOMICILED IN HALIFAX COUNTY, NC FOR AT LEAST TWO YEARS PRIOR TO GRADUATION. MUST HAVE DISTINGUISHED SCHOLASTICS AND NEED FOR ASSISTANCE.
Form
990-PF
(2014)
Form 990-PF (2014)
Page
11
Part XV
Supplementary Information
(continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
DWIGHT HUNTER
c/o NC A&T UNIVERSITY
1601 EAST MARKET ST
GREENSBORO
,
NC
27411
NONE
N/A
COLLEGE SCHOLARSHIP
2,711
TANISHA MILLS
c/o UNC GREENSBORO
PO BOX 26170
GREENSBORO
,
NC
274026170
NONE
N/A
COLLEGE SCHOLARSHIP
1,327
JANA JOHNSON
c/o BENNETT COLLEGE
900 E WASHINGTON ST
GREENSBORO
,
NC
27401
NONE
N/A
COLLEGE SCHOLARSHIP
15,949
RONNELL GREEN
c/o UNC CHAPEL HILL
CB 2200 JACKSON HALL
CHAPEL HILL
,
NC
275992200
NONE
N/A
COLLEGE SCHOLARSHIP
428
DENISHA POE
c/o NC STATE UNIVERSITY
1008 HARRIS HALL BOX 7313
RALEIGH
,
NC
276957313
NONE
N/A
COLLEGE SCHOLARSHIP
9,553
ANTONIO ALSTON
c/o METHODIST UNIVERSITY
5400 RAMSEY ST
FAYETTEVILLE
,
NC
28311
NONE
N/A
COLLEGE SCHOLARSHIP
5,006
DAQUAN MINGGIA
c/o UNC GREENSBORO
PO BOX 26170
GREENSBORO
,
NC
274026170
NONE
N/A
COLLEGE SCHOLARSHIP
11,897
JENNA WESNER
c/o UNC WILMINGTON
601 S COLLEGE ROAD
WILMINGTON
,
NC
28403
NONE
N/A
COLLEGE SCHOLARSHIP
17,109
JADA MILLS
C/O UNC-CHAPEL HILL
CB 2200 JACKSON HALL
CHAPEL HILL
,
NC
275992200
NONE
N/A
COLLEGE SCHOLARSHIP
2,544
TORI HOLT
c/o EAST CAROLINA UNIVERSITY
EAST FIFTH STREET
GREENVILLE
,
NC
278584353
NONE
N/A
COLLEGE SCHOLARSHIP
17,625
JAZMIN ALSTON
c/o UNC CHAPEL HILL
CD 2200 JACKSON HALL
CHAPEL HILL
,
NC
275992200
NONE
N/A
COLLEGE SCHOLARSHIP
1,184
ALEXANDRIA DEAN
c/o WAKE FOREST
1834 WAKE FOREST ROAD
WINSTONSALEM
,
NC
27106
NONE
N/A
COLLEGE SCHOLARSHIP
48,681
MALIK EDWARDS
c/o NC STATE UNIVERSITY
1008 HARRIS HALL BOX 731
RALEIGH
,
NC
276957313
NONE
N/A
COLLEGE SCHOLARSHIP
13,163
JAMUAN WEBB
c/o JOHNSON & WALES UNIVERSITY
PO BOX 5256
PROVIDENCE
,
RI
02903
NONE
N/A
COLLEGE SCHOLARSHIP
16,343
JESSICA EASON
C/O QUEENS UNIVERSITY OF CHARLOTTE
1900 SELWYN AVENUE
CHARLOTTE
,
NC
28274
NONE
N/A
COLLEGE SCHOLARSHIP
12,404
DEANDRE JACOBS
c/o EAST CAROLINA UNIVERSITY
EAST FIFTH STREET
GREENVILLE
,
NC
27858
NONE
N/A
COLLEGE SCHOLARSHIP
5,880
JESSICA CARTER
c/o NORTH CAROLINA STATE UNIVERSITY
2016 HARRIS HALL - BOX 7302
RALEIGH
,
NC
278957302
NONE
N/A
COLLEGE SCHOLARSHIP
4,966
JOHN EVANS
C/O UNC CHAPEL HILL
CD 2200 JACKSON HALL
CHAPEL HILL
,
NC
275992200
NONE
N/A
COLLEGE SCHOLARSHIP
15,285
SHAQUANDA WILLIAMS
C/O EAST CAROLINA UNIVERSITY
EAST FIFTH STREET
GREENVILLE
,
NC
27858
NONE
N/A
COLLEGE SCHOLARSHIP
15,269
Total
.................................
3a
217,324
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2014)
Form 990-PF (2014)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash investments
............
14
3,594
4
Dividends and interest from securities
....
14
72,901
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
.............
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than inventory
.............
18
176,392
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
..
11
Other revenue:
a
LITIGATION PROCEED
14
123
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
253,010
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
253,010
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2014)
Form 990-PF (2014)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
Yes
No
organizations?
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)?
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's address
Firm's EIN
Phone no.
Form
990-PF
(2014)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description
-
TIN:
TY 2014 OtherDecreasesSchedule
Name:
ETHEL W CRAWLEY MEMORIAL EDUC FUND
EIN:
56-6534286
Description
Amount
-
TIN:
TY 2014 OtherIncreasesSchedule
Name:
ETHEL W CRAWLEY MEMORIAL EDUC FUND
EIN:
56-6534286
Description
Amount