Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
WEAVER FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 26040   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENSBORO, NC274206040
A Employer identification number

56-6093527
B Telephone number (see instructions)

(336) 378-7910
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$24,886,327
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 653 653  
4 Dividends and interest from securities...... 320,727 320,727  
5a Gross rents.............. 5,335 5,335  
b Net rental income or (loss) 4,862
6a Net gain or (loss) from sale of assets not on line 10 1,169,084
b Gross sales price for all assets on line 6a 3,844,712
7 Capital gain net income (from Part IV, line 2)... 1,169,084
8 Net short-term capital gain.........  
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)....... 111,072 108,174  
12 Total. Add lines 1 through 11........ 1,606,871 1,603,973  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 163,157 4,079   159,078
14 Other employee salaries and wages...... 13,876 0   13,876
15 Pension plans, employee benefits....... 7,887 115   7,772
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 12,644 0   12,644
c Other professional fees (attach schedule).... 42,319 42,319   0
17 Interest............... 5,415 5,415   0
18 Taxes (attach schedule) (see instructions)... 17,288 4,470   12,817
19 Depreciation (attach schedule) and depletion... 5,982 5,982  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,748 0   3,748
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 247,870 213,735   34,135
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 520,186 276,115   244,070
25 Contributions, gifts, grants paid........ 731,575 731,575
26 Total expenses and disbursements. Add lines 24 and 25 1,251,761 276,115   975,645
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 355,110
b Net investment income (if negative, enter -0-) 1,327,858
c Adjusted net income (if negative, enter -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
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 163,884 196,630 196,630
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   56,267    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet10,000
Less: allowance for doubtful accounts bullet0 10,000 10,000 10,000
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 18,409,740 Click to see attachment18,737,845 22,595,466
14 Land, buildings, and equipment: basis bullet1,533,225
Less: accumulated depreciation (attach schedule) bullet114,400 1,418,510 1,418,825 2,084,231
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,058,401 20,363,300 24,886,327
Liabilities 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 bullet) Click to see attachment76,067 Click to see attachment26,165
23 Total liabilities (add lines 17 through 22).......... 76,067 26,165
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 10,053,850 10,053,850
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 9,928,484 10,283,285
30 Total net assets or fund balances (see instructions)...... 19,982,334 20,337,135
31 Total liabilities and net assets/fund balances (see instructions).. 20,058,401 20,363,300
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 19,982,334
2 Enter amount from Part I, line 27a..................... 2 355,110
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 20,337,444
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 309
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,337,135
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c GAINS FROM K-1'S P    
d CAROLINAS INVESTMENT CONSULTANTS P    
e
(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 3,233,087   2,669,747 563,340
b 146,455     146,455
c 465,170     465,170
d     5,881 -5,881
e
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       563,340
b       146,455
c       465,170
d       -5,881
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,169,084
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 . . . . . . . . . . . . . . . .
Bracket 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?
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 1,004,255 23,243,891 0.043205
2012 1,395,980 20,549,576 0.067932
2011 1,269,545 23,711,473 0.053541
2010 1,737,983 22,932,266 0.075788
2009 4,054,540 19,711,357 0.205696
2 Total of line 1, column (d) ...................... 2 0.446162
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 0.089232
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 24,011,630
5 Multiply line 4 by line 3....................... 5 2,142,606
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,279
7 Add lines 5 and 6......................... 7 2,155,885
8 Enter qualifying distributions from Part XII, line 4.............. 8 975,645
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 26,557
hereBulletand 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 26,557
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 26,557
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 14,171
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 34,200
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,371
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 197
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 21,617
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet21,617 RefundedBullet 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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletNC
    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 addressbulletWWW.WEAVERFOUNDATION.COM
    14
    The books are in care ofbulletKEVIN GRAY Telephone no.bullet (336) 275-9600
    Located atbullet324 W WENDOVER AVENUE 300GREENSBORONC ZIP+4bullet27408
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    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 bullet  
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    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
     
    No
    .........bullet
    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?...............
    If "Yes," list the years bullet20, 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
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 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?........................
    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
     
    No
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    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
     
     
    .........bullet
    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?............
    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?.......................
    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?
    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
    KEVIN GRAY PRESIDENT
    40.00
    60,112 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    LEE MCALLISTER VICE PRESIDENT
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    MARK WILSON TREASURER
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    KATHERINE WEAVER DIRECTOR
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    RALPH SHELTON CHAIR AND DIRECTOR
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    ELIZABETH GREEN DIRECTOR
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    HUNTER HODGES ASSISTANT SECRETARY
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    MICHELE WILBURN ASSISTANT SECRETARY
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    ASHLEY HODGES DIRECTOR
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    BOB BIGGERSTAFF VICE CHAIR AND DIRECTOR
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    SANDRA HUGHES SECRETARY AND DIRECTOR
    1.00
    0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    RICHARD L MOORE FORMER PRESIDENT
    1.00
    103,045 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    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...................bullet 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.............bullet0
    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 N/A 0
    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.........................bullet0
    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
    21,588,903
    b
    Average of monthly cash balances.......................
    1b
    159,426
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,628,960
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,377,289
    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
    24,377,289
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    365,659
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,011,630
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,200,582
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,200,582
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    26,557
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
    11,650
    c
    Add lines 2a and 2b............................
    2c
    38,207
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,162,375
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,162,375
    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
    1,162,375
    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
    975,645
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    975,645
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    975,645
    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 1,162,375
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 3,071,404
    b From 2010....... 599,171
    c From 2011....... 109,347
    d From 2012....... 396,144
    e From 2013.......  
    fTotal of lines 3a through e......... 4,176,066
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 975,645
    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..... 975,645
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 186,730 186,730
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,989,336
    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
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...
    2,884,674
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......
    1,104,662
    10 Analysis of line 9:
    a Excess from 2010.... 599,171
    b Excess from 2011.... 109,347
    c Excess from 2012.... 396,144
    d Excess from 2013....  
    e Excess from 2014....  
    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.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    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.)
    1Information Regarding Foundation Managers:
    aList 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).)
    bList 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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KEVIN H GRAY WEAVER FOUNDATION INC
    PO BOX 26040
    GREENSBORO,NC274206040
    (336) 378-7910
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING, NAME & ADDRESS, ORG. STRUCTURE, IRS RULING STMT., ACT. DESCRIPT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GREATER GREENSBORO AREA - COMMUNITY IMPROVEMENT, ENVIRONMENTAL ACTIVITIES EDUCATIONAL DEVELOPMENT AND RACIAL AND RELIGIOUS TOLERANCE.
    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)
    aPaid during the year
    ADULT CENTER FOR ENRICHMENT
    4100 WELL SRPING DR
    GREENSBORO,NC27410
    NONE OTHER PUBLIC CHARITI ACE ADULT DAY CENTER 40,000
    AFTER GATEWAY
    501 SOUTH MENDENHALL
    GREENSBORO,NC27403
    NONE OTHER PUBLIC CHARITI ARMEDICA AM150 TABLE 1,750
    ANIMAL RESCUE AND FOSTER PROGRAM
    711 MILNER DRIVE
    GREENSBORO,NC27410
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 100
    ARTS GREENSBORO
    200 N DAVIE ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ARTSGREENSBORO ANNUAL FUND; NATIONAL GRANT WRITER; ANNUAL SUPPORT 17,750
    BARNABAS NETWORK
    2024 16TH ST
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI SELF-SUFFICIENCY THROUGH CAPACITY BUILDING SUPPORT; WARM BEDS, WARM HEARTS: BEDS FOR KIDS!; ANNUAL SUPPORT 2014 41,220
    BLACK CHILD DEVELOPMENT INSTITUTE
    1200 E MARKET ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI FREEDOM SCHOOL; LEVELED BOOKS 25,675
    CANTERBURY SCHOOL
    5400 OLD LAKE JEANETTE RD
    GREENSBORO,NC27455
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 1,500
    CHURCH WORLD SERVICE
    620 S ELM ST 315
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI FACE TO FACE PROJECT - JUNIOR BOARD 750
    COMMUNITIES IN SCHOOLS OF GREATER GREENSBORO
    122 N ELM ST SUITE 301
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 500
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI 2014 WEAVER FUND SUPPORT; COMMUNITY AND ECONOMIC DEVELOPMENT FUND/GREENWAY; 2014 SUPPORT FOR GUILFORD NONPROFIT CONSORTIUM; BUILDING STRONGER NEIGHBORHOODS CONTINUATION FUNDING; GPAC SUPPORT 105,500
    CONE HEALTH
    1200 N ELM ST
    GREENSBORO,NC24701
    NONE OTHER PUBLIC CHARITI ASTHMA DEMONSTRATION PROJECT; HEALING GARDENS AT CONE HEALTH CANCER CENTER AND WESLEY LONG HOSPITAL; ANNUAL SUPPORT - CONE GARDENS 16,250
    DREAMS TREATMENT SERVICES
    620 MARTIN STREET
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI MOVING EXPENSES 2,500
    EMPOWERED GIRLS OF NORTH CAROLINA
    900 SIXTEENTH STREET
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI GIRLS COLLABORATIVE 2,500
    FAITH IN ACTION INC
    705 N GREENE ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI GENERAL OPERATING SUPPORT; FAITHACTION IMMIGRANT HEALTH CENTER; ANNUAL SUPPORT 2015 21,250
    FAMILY SERVICE OF THE PIEDMONT
    902 BONNER DR
    JAMESTOWN,NC27282
    NONE OTHER PUBLIC CHARITI GREENSBORO CHILDREN'S ADVOCACY CENTER 45,000
    FIRST TEE OF THE TRIAD
    PO BOX 236
    CLEMMONS,NC27012
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 500
    FOOD ASSISTANCE INC
    102 KIRK RD
    GREENSBORO,NC27455
    NONE OTHER PUBLIC CHARITI FOOD ASSISTANCE, INC. 500
    FREEDOM HOUSE
    PO BOX 38215
    GREENSBORO,NC27438
    NONE OTHER PUBLIC CHARITI WIC HOLIDAY MATCH 255
    FRUIT OF THE SPIRIT MINISTRIES
    3512 REHOBETH CHURCH ROAD
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI ADULT AND YOUTH EDUCATION PROGRAMS 750
    GREENSBORO BEAUTIFUL
    1001 FOURTH ST
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 250
    GREENSBORO CHAMBER FOUNDATION
    342 N ELM ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI GREENSBORO PARTNERSHIP 2013-2017 CAMPAIGN 10,000
    GREENSBORO COLLEGE
    815 W MARKET ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 2014 500
    GREENSBORO DAY SCHOOL
    5401 LAWNDALE DR
    GREENSBORO,NC27455
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 500
    GREENSBORO HOUSING COALITION
    122 N ELM ST SUITE M2
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ASTHMA PARTNERSHIP DEMONSTRATION 500
    GREENSBORO JAYCEES
    315 S GREENE ST SUITE 200
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI EMPTY STOCKING FUND SUPPORT 2014 100
    GREENSBORO PUBLIC LIBRARY FOUNDATION
    219 NORTH CHURCH STREET
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ANNUAL PROJECT 2014 500
    GREENSBORO URBAN MINISTRY
    305 W LEE ST
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI POTTER'S HOUSE COMMUNITY KITCHEN; ANNUAL SUPPORT 1,778
    GUILFORD CHILD DEVELOPMENT
    1200 ARLINGTON ST
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI HEAD START DIRECTOR DEVELOPMENT 30,000
    GUILFORD COUNTY PUBLIC SCHOOLS
    712 N EUGENE ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI SCHOOL LEADERSHIP DEVELOPMENT PROGRAM 2013-14; MIDDLE COLLEGE AT GTCC SUPPORT; WEAVER ACADEMY METALS TECH SUPPORT; CTCC MIDDLE COLLEGE SUPPORT 18,000
    GUILFORD EDUCATION ALLIANCE
    902 BONNER DR
    JAMESTOWN,NC27282
    NONE OTHER PUBLIC CHARITI PROGRAM SUPPORT FOR EXCELLING IN PUBLIC EDUCATION INITITATIVE 25,000
    HANDY CAPABLE NETWORK
    7339 W FRIENDLY AVE
    GREENSBORO,NC27408
    NONE OTHER PUBLIC CHARITI MATCHING FUNDS FOR NONPROFITS AND LAPTOPS FOR GRADUATING SENIORS; SUCCESSION PLANNING 12,500
    HORSEPOWER THERAPEUTIC LEARNING CENTER
    85001 LEABOURNE ROAD
    COLFAX,NC27235
    NONE OTHER PUBLIC CHARITI GROWING POTENTIAL 500
    HOSPICE AND PALLIATIVE CARE OF GREENSBORO
    2500 SUMMIT AVE
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI CAPITAL CAMPAIGN SUPPORT; KIDS PATH SUPPORT 50,250
    INTERACTIVE RESOURCE CENTER
    407 E WASHINGTON ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 2014 250
    JUNIOR ACHIEVEMENT OF CENTERAL NC
    3220 NORTHLINE AVE
    GREENSBORO,NC27408
    NONE OTHER PUBLIC CHARITI JUNIOR ACHIEVEMENT HOUSE PRESERVATION CHALLENGE GRANT 10,000
    MARY'S HOUSE
    520 GUILFORD AVE
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI HOMELESS HIGH RISK CHILDREN PREVENTION; EXPANDED PREVENTION FOR HOMELESS HIGH RISK CHILDREN 1,400
    NATIONAL CONFERENCE FOR COMMUNITY AND JUSTICE
    713 N GREENE STREET
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 200
    NC A&T STATE UNIVERSITY
    1601 E MARKET STREET
    GREENSBORO,NC27411
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 1,000
    NORTH CAROLINA CENTER FOR NONPROFITS
    1110 NAVAHO DRIVE SUITE 200
    RALEIGH,NC27609
    NONE OTHER PUBLIC CHARITI 2014 SUSTAINER SUPPORT; SUCCESSION PLANNING 5,000
    NORTH CAROLINA ZOOLOGICAL SOCIETY
    4403 ZOO PARKWAY
    ASHEBORO,NC27205
    NONE OTHER PUBLIC CHARITI 2014 ANNUAL SUPPORT 5,000
    PEOPLE AND PAWS 4 HOPE
    PO BOX 41289
    GREENSBORO,NC27404
    NONE OTHER PUBLIC CHARITI SECOND CHANCE 10,000
    PRESERVATION GREENSBORO
    447 W WASHINGTON ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI STRATEGIC PLANNING 2014 1,250
    REACH OUT AND READ
    56 ROLAND STREET SUITE 100D
    BOSTON,MA02129
    NONE OTHER PUBLIC CHARITI MONEY BOOT CAMP--FINANCIAL LITERACY; SERVE SAFE-FOOD CERTIFICATION 1,500
    REPUBLIC OF DANCE
    200 N DAVIE ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI CHALLENGE SUPPORT 500
    ROTARY CLUB OF GREENSBORO FOUNDATION
    610 PASTEUR DRIVE
    GREENSBORO,NC27403
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 300
    SALVATION ARMY BOYS AND GIRLS CLUBS
    1311 S EUGENE ST
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI CAPITAL CAMPAIGN SUPPORT; ANNUAL SUPPORT 51,770
    SANTUARY HOUSE
    518 N ELM ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI EXTREME MAKEOVER - 2014; SPARKLE PROJECT 2 5,750
    SECOND HARVEST FOOD BANK OF NORTHWEST NC
    3655 REED STREET
    WINSTONSALEM,NC27107
    NONE OTHER PUBLIC CHARITI FEEDING THE WHOLE FAMILY-GREENSBORO SUMMER FEEDING; FOOD FOR THE HOLIDAYS 1,250
    THE ARC OF GREENSBORO
    14-B OAK BRANCH DRIVE
    GREENSBORO,NC27407
    NONE OTHER PUBLIC CHARITI ABLE EARTH CLAY CREATIONS 500
    THE SERVANT CENTER INC
    1312 LEXINGTON AVE
    GREENSBORO,NC27403
    NONE OTHER PUBLIC CHARITI THE SERVANT CENTER CAPITAL CAMPAIGN 40,000
    THE SPARROW'S NEST
    122 N ELM ST SUITE 811
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI CHOSEN 50 SUPPORT 500
    TRIAD ADULT AND PEDIATRIC MEDICINE
    1002 SOUTH EUGENE STREET
    GREENSBORO,NC27406
    NONE OTHER PUBLIC CHARITI EMERGENCY FUND 5,000
    TRIAD HEALTH PROJECT
    801 SUMMIT AVE
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI HIGHER GROUND SUPPORT; TECHNOLOGY UPGRADES AT THP 627
    TRIAD STAGE
    232 S ELM ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 250
    UNCG EXCELLENCE FOUNDATION
    1400 SPRING GARDEN ST
    GREENSBORO,NC27412
    NONE OTHER PUBLIC CHARITI DEMOCRATIC LEARNING; ANNUAL SUPPORT 1,500
    UNITED WAY
    1500 YANCEYVILLE ST
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT; BREAKING CYCLE OF POVERTY; 2014 EMPLOYEE MATCHING GIFT 47,250
    UNIVERSITY OF NORTH CAROLINA AT GREENSBORO
    1400 SPRING GARDEN ST
    GREENSBORO,NC27412
    NONE OTHER PUBLIC CHARITI UNC STUDENT SUPPORT PROGRAM 50,000
    WHEELS4HOPE
    4006 BURLINGTON RD
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI WHEELS4HOPE GREENSBORO: YEAR 2 START-UP 10,000
    WOMEN'S RESOURCE CENTER
    628 SUMMIT AVE
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI ANNUAL SUPPORT 2015 1,000
    WYNDHAM CHAMPIONSHIP
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    NONE OTHER PUBLIC CHARITI FIRST TEE/HARVICK KIDS 5,000
    YMCA OF GREENSBORO
    620 GREEN VALLEY RD STE 210
    GREENSBORO,NC27408
    NONE OTHER PUBLIC CHARITI BRIGHT BEGINNINGS ANNUAL SUPPORT 150
    Total .................................bullet 3a 731,575
    bApproved for future payment
    ARTS GREENSBORO
    200 N DAVIE ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI ARTS FUND SUPPORT 2015 15,000
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI CONSORTIUM SUPPORT FOR 2015 20,000
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI WEAVER FUND SUPPORT 2015 20,000
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI BUILDING STRONGER NEIGHBORHOODS CONTINUATION FUNDING 7,500
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI COMMUNITY AND ECONOMIC DEVELOPMENT FUND/GREENWAY 450,000
    FAITH IN ACTION INC
    705 N GREENE ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI GENERAL OPERATING SUPPORT 2015 20,000
    GREENSBORO CHAMBER FOUNDATION
    342 N ELM ST
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI GREENSBORO PARTNERSHIP 2013-2017 CAMPAIGN 30,000
    GUILFORD EDUCATION ALLIANCE
    902 BONNER DR
    JAMESTOWN,NC27282
    NONE OTHER PUBLIC CHARITI PROGRAM SUPPORT FOR EXCELLING IN PUBLIC EDUCATION INITIATIVE 75,000
    HISPANICS IN PHILANTHROPY
    414 13TH STREET SUITE 200
    OAKLAND,CA94612
    NONE OTHER PUBLIC CHARITI HIP NC COLLABORATIVE ROUND IV SUPPORT 30,000
    NORTH CAROLINA CENTER FOR NONPROFITS
    1110 NAVAHO DRIVE SUITE 200
    RALEIGH,NC27609
    NONE OTHER PUBLIC CHARITI SUSTAINER SUPPORT 2015 2,500
    NORTH CAROLINA ZOOLOGICAL SOCIETY
    4403 ZOO PARKWAY
    ASHEBORO,NC27205
    NONE OTHER PUBLIC CHARITI 2015 ANNUAL SUPPORT 5,000
    UNITED WAY
    1500 YANCEYVILLE ST
    GREENSBORO,NC27405
    NONE OTHER PUBLIC CHARITI ANNUAL FUND SUPPORT FOR 2015 40,000
    YOUTH FOCUS
    301 E WASHINGTON ST301
    GREENSBORO,NC27401
    NONE OTHER PUBLIC CHARITI YOUTH FOCUS CLEANING SOLUTION 11,470
    Total .................................bullet 3b 726,470
    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.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............
        14 653  
    4 Dividends and interest from securities....     14 320,727  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 4,862  
    6
    Net rental income or (loss) from personal property .............
             
    7 Other investment income..... 900099 69,600 14 38,574  
    8
    Gain or (loss) from sales of assets other than inventory .............
        18 1,169,084  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFEDERAL TAX REFUND     14 2,898  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 69,600 1,536,798 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,606,398
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    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?...........
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







    Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,644 0   12,644

    TY 2014 InvestmentsOtherSchedule2
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EQUITIES & MUTUAL FUNDS AT COST 13,918,949 16,183,694
    DIRECT PARTNERSHIP INVESTMENTS AT COST 4,818,896 6,411,772

    TY 2014 OtherDecreasesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 958 0   958
    TELEPHONE 6 0   6
    OTHER CHARITABLE EXPENSES 10,491 0   10,491
    SPONSORSHIPS 15,000 0   15,000
    WEBSITE SUPPORT 2,615 0   2,615
    DUES & SUBSCRIPTIONS 5,008 0   5,008
    CHARITABLE EXPENSES FORM K-1'S 57 0   57
    SECTION 59(E)(2) EXPENSES FROM K-1'S 45,981 45,981   0
    OTHER DEDUCTIONS FROM K-1'S 14,292 14,292   0
    PORTFOLIO DEDUCTIONS FROM K-1'S 152,989 152,989   0
    NET RENTAL INCOME FROM K-1 473 473   0


    TY 2014 OtherIncomeSchedule2
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC INCOME 1,217 1,217 1,217
    CHEROKEE CONFRERES III, LP K-1 2,354 2,354 2,354
    INCEPTION MICRO ANGEL FUND, LLC K-1 -314 -314 -314
    MORGAN CREEK PARTNERS I, LP K-1 38,166 38,166 38,166
    MORGAN CREEK PARTNERS II, LP K-1 8,398 8,398 8,398
    MORGAN CREEK PARTNERS III, LP K-1 12,066 12,066 12,066
    MORGAN CREEK PARTNERS I, LP K-1 150 150 150
    FS MULTI-STRATEGY FUND -9,938 -9,938 -9,938
    INCEPTION MICRO ANGEL FUND, LLC K-1 562 562 562
    MORGAN CREEK PARTNERS II, LP K-1 95 95 95
    MORGAN CREEK PARTNERS IV, LP K-1 -14,182 -14,182 -14,182
    NET UBTI TAXABLE ON FORM 990-T 69,600 69,600 69,600
    FEDERAL TAX REFUND 2,898   2,898


    TY 2014 OtherLiabilitiesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED SALARIES 76,067 26,165


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT INVESTMENT FEES 42,319 42,319   0


    TY 2014 TaxesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN: 56-6093527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 13,007 189   12,817
    FOREIGN TAX MORGAN CREEK PARTNERS I, LP K-1 299 299   0
    FOREIGN TAX MORGAN CREEK PARTNERS II, LP K-1 804 804   0
    FOREIGN TAX MORGAN CREEK PARTNERS IV, LP K-1 445 445   0
    FOREIGN TAX 938 938   0
    FOREIGN TAX MORGAN CREEK PARTNERS III, LP K-1 1,795 1,795   0