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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 07-01-2019 , and ending 06-30-2020
Name of foundation
JOHN WILLIAM POPE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4601 SIX FORKS ROAD SUITE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27609
A Employer identification number

58-1691765
B Telephone number (see instructions)

(919) 861-6445
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$184,496,300J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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.............
3 Interest on savings and temporary cash investments 1,381,670 1,381,670  
4 Dividends and interest from securities... 3,007,913 3,007,913  
5a Gross rents............ 290,326 290,326  
b Net rental income or (loss) 128,884
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 3,594,914
b Gross sales price for all assets on line 6a 59,864,169
7 Capital gain net income (from Part IV, line 2)... 3,716,893
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)....... Click to see attachment 774,262 782,992 0
12 Total. Add lines 1 through 11........ 9,049,085 9,179,794 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 297,563 12,378 0 285,185
14 Other employee salaries and wages...... 212,039 4,399 0 207,640
15 Pension plans, employee benefits....... 63,597 1,809 0 61,788
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,245 7,396 0 1,849
c Other professional fees (attach schedule).... Click to see attachment 105,299 256 0 105,043
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 70,675 6,626 0 27,049
19 Depreciation (attach schedule) and depletion... Click to see attachment 50,895 50,895 0
20 Occupancy.............. 29,560 1,079 0 28,481
21 Travel, conferences, and meetings....... 58,509 0 0 57,139
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 551,117 643,899 0 37,927
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,448,499 728,737 0 812,101
25 Contributions, gifts, grants paid....... 11,157,283 11,157,283
26 Total expenses and disbursements. Add lines 24 and 25 12,605,782 728,737 0 11,969,384
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,556,697
b Net investment income (if negative, enter -0-) 8,451,057
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 709,784 553,468 553,468
2 Savings and temporary cash investments......... 51,741,438 63,045,354 63,048,146
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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)....... 668,030 Click to see attachment418,030 3,211,317
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet2,531,845
Less: accumulated depreciation (attach schedule) bullet209,340 2,821,776 Click to see attachment2,322,505 2,531,845
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 102,179,089 Click to see attachment88,113,063 115,040,524
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment111,000 Click to see attachment111,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 158,120,117 154,563,420 184,496,300
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 158,120,117 154,563,420
29 Total net assets or fund balances (see instructions)..... 158,120,117 154,563,420
30 Total liabilities and net assets/fund balances (see instructions). 158,120,117 154,563,420
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
158,120,117
2
Enter amount from Part I, line 27a .....................
2
-3,556,697
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
154,563,420
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
154,563,420
Form 990-PF (2019)
Form 990-PF (2019)
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 VANGUARD     2020-06-30
b VANGUARD     2020-06-30
c FINANCIAL ASCENT TE LIMITED PARTNERSHIP K-1      
d FINANCIAL ASCENT TE LIMITED PARTNERSHIP K-1      
e AMERIPRISE FINANCIAL     2020-06-30
U.S. TRUST     2020-06-30
U.S. TRUST     2020-06-30
(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 2,618,606   2,343,689 274,917
b 12,385,396   11,627,270 758,126
c       1,314,190
d       1,324,766
e 250,000   250,000 0
8,387,938   8,374,768 13,170
35,802,229   35,770,505 31,724
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       274,917
b       758,126
c       1,314,190
d       1,324,766
e       0
      13,170
      31,724
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 3,716,893
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 1,602,277
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))
2018 11,071,106 180,113,059 0.061468
2017 13,280,364 184,861,175 0.071840
2016 11,553,522 182,641,442 0.063258
2015 10,272,237 187,290,663 0.054846
2014 9,555,385 168,293,244 0.056778
2
Total of line 1, column (d) .....................
2
0.308190
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.061638
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
186,745,267
5
Multiply line 4 by line 3......................
5
11,510,605
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
84,511
7
Add lines 5 and 6........................
7
11,595,116
8
Enter qualifying distributions from Part XII, line 4,.............
8
11,969,384
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 84,511
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 84,511
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 84,511
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 138,366
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 138,366
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 53,855
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet53,855 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
 
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)
    bulletGA, 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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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.JWPF.ORG
    14
    The books are in care ofbulletJOHN M HOOD PRESIDENT Telephone no.bullet (919) 861-6445

    Located atbullet4601 SIX FORKS ROAD SUITE 300RALEIGHNC ZIP+4bullet27609
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    JAMES ARTHUR POPE CHAIRMAN
    10.00     		0 0 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    AMANDA J POPE VICE CHAIRMAN
    1.00     		0 0 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    JOYCE L POPE BOARD MEMBER
    15.00     		0 6,592 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    DAVID M STOVER BOARD MEMBER
    10.00     		25,000 0 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    JOHN M HOOD PRESIDENT
    40.00     		247,563 29,390 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    IRIS TURNER ASSISTANT SECRETARY/TREASURER
    27.00     		29,330 0 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    EARLE POPE BOARD MEMBER
    0.50     		0 0 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    MICHAEL SMITH BOARD MEMBER
    1.00     		25,000 0 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    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
    CLARICE SMITH PROGRAM MANAGER
    40.00     		71,584 16,360 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    LINDSAY ARANT COMM. DIRECTOR
    40.00     		71,724 9,212 0
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    DAVID M STOVER CONSULTING FEES 98,730
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    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 THE JOHN WILLIAM POPE FOUNDATION DISTRIBUTED $11,157,283 TO 144 ORGANIZATIONS DURING THE FISCAL YEAR ENDING 6/30/2020 FOR EDUCATIONAL, CIVIC, AND OTHER PURPOSES. 11,157,283
    2  
    3  
    4  
    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
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    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
    120,294,658
    b
    Average of monthly cash balances.......................
    1b
    63,823,739
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,470,707
    d
    Total (add lines 1a, b, and c).........................
    1d
    189,589,104
    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
    189,589,104
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,843,837
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    186,745,267
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    9,337,263
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    9,337,263
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    84,511
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    84,511
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,252,752
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    9,252,752
    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
    9,252,752
    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
    11,969,384
    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
    11,969,384
    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
    84,511
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    11,884,873
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 9,252,752
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 1,324,212
    b From 2015...... 1,019,302
    c From 2016...... 2,511,826
    d From 2017...... 4,205,881
    e From 2018...... 2,208,017
    fTotal of lines 3a through e........ 11,269,238
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 11,969,384
    a Applied to 2018, 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 2019 distributable amount..... 9,252,752
    e Remaining amount distributed out of corpus 2,716,632
    5 Excess distributions carryover applied to 2019. 0 0
    (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 13,985,870
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		1,324,212
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		12,661,658
    10 Analysis of line 9:
    a Excess from 2015.... 1,019,302
    b Excess from 2016.... 2,511,826
    c Excess from 2017.... 4,205,881
    d Excess from 2018.... 2,208,017
    e Excess from 2019.... 2,716,632
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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 foundation 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:
    JOHN M HOOD
    4601 SIX FORKS ROAD SUITE 300
    RALEIGH,NC27609
    (919) 861-6445
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST FOR GRANT WITH REASONS FOR NEED.
    cAny submission deadlines:
    NO FORMAL SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO FORMAL RESTRICTIONS.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    50CAN
    1625 K STREET NW SUITE 400
    WASHINGTON,DC20006     		NONE PC RESTRICTED - CAROLINA CAN 15,000
    ACTON INSTITUTE FOR THE STUDY OF RELIGION & LIBERTY
    98 E FULTON STREET
    GRAND RAPIDS,MI49503     		NONE PC GENERAL OPERATING EXPENSES 5,000
    ACTS OF VANCE COUNTY INC
    305 S CHESTNUT STREET
    HENDERSON,NC27536     		NONE PC GENERAL OPERATING EXPENSES 10,000
    ALLIANCE MEDICAL MINISTRY
    101 DONALD ROSS DRIVE
    RALEIGH,NC27610     		NONE PC GENERAL OPERATING EXPENSES 12,000
    ALLIANCE MEDICAL MINISTRY
    101 DONALD ROSS DRIVE
    RALEIGH,NC27610     		NONE PC RESTRICTED - PATIENT CARE SERVICES 25,000
    AMERICA'S FUTURE FOUNDATION
    1513 16TH STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL OPERATING EXPENSES 5,000
    AMERICAN JURIS LINK
    1819 E MORTEN AVE SUITE 140
    PHOENIX,AZ85020     		NONE PC GENERAL OPERATING EXPENSES 10,000
    AMERICAN LEGISLATIVE EXCHANGE COUNCIL
    2900 CRYSTAL DRIVE SUITE 600
    ARLINGTON,VA22202     		NONE PC GENERAL OPERATING EXPENSES 25,000
    AMERICAN RED CROSS - TRIANGLE CHAPTER
    100 NORTH PEARTREE LANE
    RALEIGH,NC27610     		NONE PC GENERAL OPERATING EXPENSES 2,500
    AMERICAN STUDIES CENTER - RADIO AMERICA
    1130 CONNECTICUT AVENUE NW SUITE
    425
    WASHINGTON,DC20036     		NONE PC RESTRICTED - BROADCAST JOURNALISM INTERNSHIP 10,000
    AMERICANS FOR TAX REFORM FOUNDATION
    722 12TH STREET NW SUITE 400
    WASHINGTON,DC20005     		NONE PC GENERAL OPERATING EXPENSES 25,000
    ARCHBRIDGE INSTITUTE
    810 7TH STREET NE
    WASHINGTON,DC20002     		NONE PC GENERAL OPERATING EXPENSES 10,000
    ARTSPACE
    201 E DAVIE STREET
    RALEIGH,NC27601     		NONE PC RESTRICTED - YOUTH PROGRAMS 5,000
    ARTSPACE
    201 E DAVIE STREET
    RALEIGH,NC27601     		NONE PC RESTRICTED - MOBILE ART PROGRAM 50,000
    ARTSPLOSURE
    313 S BLOUNT STREET SUITE 200-B
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 7,500
    ASHBROOK CENTER AT ASHLAND UNIVERSITY
    401 COLLEGE AVENUE
    ASHLAND,OH44805     		NONE PC RESTRICTED - REDISCOVERING AMERICA INITIATIVE 25,000
    ASHEVILLE SCHOOL
    360 ASHEVILLE SCHOOL ROAD
    ASHEVILLE,NC28806     		NONE PC GENERAL OPERATING EXPENSES 50,000
    ASHEVILLE SCHOOL
    360 ASHEVILLE SCHOOL ROAD
    ASHEVILLE,NC28806     		NONE PC RESTRICTED - WESTERN CIVILIZATION 242,500
    ASHEVILLE SCHOOL
    360 ASHEVILLE SCHOOL ROAD
    ASHEVILLE,NC28806     		NONE PC RESTRICTED - CAPITAL CAMPAIGN 250,000
    ATLAS NETWORK
    1201 L ST NW 2ND FL
    WASHINGTON,DC20005     		NONE PC GENERAL OPERATING EXPENSES 20,000
    BACKSTRETCH EMPLOYEE SERVICES TEAM OF NY
    2150 HEMPSTEAD TURNPIKE GATE 6
    COTTAGE 28B
    ELMONT,NY11003     		NONE PC RESTRICTED - CITIZENSHIP CLASSES 5,000
    BOYS & GIRLS CLUB NORTH CENTRAL NC
    105 WEST STREET
    OXFORD,NC27565     		NONE PC RESTRICTED - VANCE COUNTY HENDERSON SITE 8,500
    BUCKEYE INSTITUTE
    88 EAST BROAD STREET SUITE 1300
    COLUMBUS,OH43215     		NONE PC RESTRICTED - 3 POST COVID PROJECTS 50,000
    CAMP CORRAL
    801 N WEST ST
    RALEIGH,NC27603     		NONE PC GENERAL OPERATING EXPENSES 15,000
    CAMPBELL UNIVERSITY
    PO BOX 567
    BUIES CREEK,NC27506     		NONE PC RESTRICTED - NC HIGHER ED IN PRISON 25,000
    CAPITAL RESEARCH CENTER
    1513 16TH STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL OPERATING EXPENSES 50,000
    CAROLINA BALLET
    3401-131 ATLANTIC AVE
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING EXPENSES 50,000
    CATO INSTITUTE
    1000 MASSACHUSETTS AVE NW
    WASHINGTON,DC20001     		NONE PC GENERAL OPERATING EXPENSES 50,000
    CATHOLIC CHARITIES
    3000 HIGHWOODS BLVD 128
    RALEIGH,NC27604     		NONE PC RESTRICTED - SUPPORT CIRCLE PROGRAM 15,000
    CENTER FOR EDUCATION REFORM
    1901 L STREET NW
    WASHINGTON,DC20036     		NONE PC RESTRICTED - RURAL EDUCATION OPPORTUNITY INITIATIVE 25,000
    CENTER FOR EQUAL OPPORTUNITY
    7700 LEESBURG PIKE SUITE 231
    FALLS CHURCH,VA22043     		NONE PC GENERAL OPERATING EXPENSES 7,500
    CENTER FOR URBAN RENEWAL AND EDUCATION
    1317 F STREET NW SUITE 900
    WASHINGTON,DC20004     		NONE PC GENERAL OPERATING EXPENSES 5,000
    CHILDREN'S HOME SOCIETY
    7701 SIX FORKS ROAD
    RALEIGH,NC27615     		NONE PC RESTRICTED - WAKE CO. FAMILY RECRUITMENT 15,000
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    805 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    806 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 98,500
    CIVITAS INSTITUTE INC
    806 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC RESTRICTED - SPECIAL PROJECT 50,000
    CIVITAS INSTITUTE INC
    806 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC RESTRICTED - SPECIAL PROJECT 50,000
    CIVITAS INSTITUTE INC
    806 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC RESTRICTED - SPECIAL PROJECT 50,000
    CIVITAS INSTITUTE INC
    806 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC RESTRICTED - SPECIAL PROJECT 50,000
    CIVITAS INSTITUTE INC
    806 SPRING FOREST ROAD SUITE 100
    RALEIGH,NC27609     		NONE PC RESTRICTED - SPECIAL PROJECT 50,000
    CLASSICAL LIBERALS IN THE CAROLINAS
    801 W TRADE STREET
    CHARLOTTE,NC28202     		NONE PC RESTRICTED - POLITICAL ECONOMY OF THE CAROLINAS 15,000
    CLEMSON U FOUNDATION - INSTITUTE FOR THE STUDY OF CAPITALISM
    CLEMSON UNIVERSITY 325 SIRRINE HALL
    BOX 341310
    CLEMSON,SC29634     		NONE PC RESTRICTED - POPE LECTURE SERIES 25,000
    COMMUNITY ALTERNATIVES FOR SUPPORTIVE ABODES (CASA)
    POST OFFICE BOX 12545
    RALEIGH,NC27605     		NONE PC GENERAL OPERATING EXPENSES 10,000
    COMMUNITY MUSIC SCHOOL
    POST OFFICE BOX 2545
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 12,500
    COMPETITIVE ENTERPRISE INSTITUTE
    1310 L ST NW 7TH FLOOR
    WASHINGTON,DC20005     		NONE PC GENERAL OPERATING EXPENSES 25,000
    CORRAL RIDING ACADEMY
    3620 KILDAIRE FARM ROAD
    CARY,NC27518     		NONE PC GENERAL OPERATING EXPENSES 13,500
    COWETA SAMARITAN CLINIC INC
    POST OFFICE BOX 963
    NEWNAN,GA30263     		NONE PC GENERAL OPERATING EXPENSES 5,000
    DANIEL CENTER FOR MATH AND SCIENCE
    112 S BLOUNT STREET SUITE 103A
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 15,000
    DIX PARK CONSERVANCY
    PO BOX 28575
    RALEIGH,NC27611     		NONE PC GENERAL OPERATING EXPENSES 5,000
    DRESS FOR SUCCESS
    1812 TILLERY PLACE SUITE 105
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING EXPENSES 15,000
    DUKE UNIVERSITY CENTER FOR HISTORY OF POLITICAL ECONOMY
    DUKE UNIVERSITY BOX 90097
    DURHAM,NC27708     		NONE PC RESTRICTED - HISTORY OF POLITICAL ECONOMY 150,000
    DUKE UNIVERSITY
    DUKE UNIVERSITY BOX 90097
    DURHAM,NC27708     		NONE PC RESTRICTED - NORTH CAROLINA LEADERSHIP FORUM 35,000
    EMBASSY CULTURAL CENTER FOUNDATION
    POST OFFICE BOX 1333
    HENDERSON,NC27536     		NONE PC RESTRICTED - HENDERSON PAC 35,000
    FAIR LINES AMERICA FOUNDATION
    2308 MOUNT VERNON AVENUE 716
    ALEXANDRIA,VA22301     		NONE PC GENERAL OPERATING EXPENSES 100,000
    FEDERALIST SOCIETY FOR LAW AND PUBLIC POLICY STUDIES
    1776 I STREET NW SUITE 300
    WASHINGTON,DC20006     		NONE PC GENERAL OPERATING EXPENSES 50,000
    FELLOWSHIP HOME OF RALEIGH
    506 CUTLER STREET
    RALEIGH,NC27603     		NONE PC GENERAL OPERATING EXPENSES 10,000
    FOOD BANK OF CENTRAL AND EASTERN NC
    1924 CAPITAL BLVD
    RALEIGH,NC27604     		NONE PC RESTRICTED - COVID-19 RELIEF EFFORTS 25,000
    FOOD BANK OF CENTRAL AND EASTERN NC
    1924 CAPITAL BLVD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING EXPENSES 10,000
    FOUNDATION FOR ECONOMIC EDUCATION
    1718 PEACHTREE STREET NW SUITE 1048
    ATLANTA,GA30309     		NONE PC GENERAL OPERATING EXPENSES 10,000
    FOUNDATION FOR GOVERNMENT ACCOUNTABILITY
    15275 COLLIER BOULEVARD SUITE
    201-279
    NAPLES,FL34119     		NONE PC GENERAL OPERATING EXPENSES 35,000
    FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION
    510 WALNUT STREET SUITE 1250
    PHILADELPHIA,PA19106     		NONE PC GENERAL OPERATING EXPENSES 50,000
    FULL GOSPEL TABERNACLE
    5005 WILLOW OAK DRIVE
    LUMBERTON,NC28358     		NONE PC GENERAL OPERATING EXPENSES 25,000
    GODWIN PRESBYTERIAN CHURCH
    POST OFFICE BOX 116
    GODWIN,NC28344     		NONE PC GENERAL OPERATING EXPENSES 8,800
    GIRL SCOUTS OF AMERICA - NORTH CAROLINA COASTAL PINES
    6901 PINECREST ROAD
    RALEIGH,NC27613     		NONE PC RESTRICTED - VANCE COUNTY ACTIVITIES 5,000
    GRAYSON-JOCKEY CLUB RESEARCH FOUNDTION
    812 CORPORATE DRIVE
    LEXINGTON,KY40503     		NONE PC RESTRICTED STANDING PET RACEHORSE FETLOCK STUDY 50,000
    HABITAT FOR HUMANITY OF WAKE COUNTY
    2420 RALEIGH BLVD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING EXPENSES 20,000
    HELPING HORSE THERAUPETIC RIDING PROGRAM
    POST OFFICE BOX 99609
    RALEIGH,NC27624     		NONE PC GENERAL OPERATING EXPENSES 5,000
    HENDERSON FAMILY YMCA
    380 RUIN CREEK RD
    HENDERSON,NC27536     		NONE PC GENERAL OPERATING EXPENSES 11,000
    HERITAGE FOUNDATION THE
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC20002     		NONE PC GENERAL OPERATING EXPENSES 10,000
    HOPE REINS
    POST OFFICE BOX 99152
    RALEIGH,NC27624     		NONE PC GENERAL OPERATING EXPENSES 7,500
    INDEPENDENT INSTITUTE
    100 SWAN WAY
    OAKLAND,CA94621     		NONE PC RESTRICTED - THE INDEPENDENT REVIEW 10,000
    INDEPENDENT WOMEN'S FORUM
    1875 I STREET NW SUITE 500
    WASHINGTON,DC20006     		NONE PC GENERAL OPERATING EXPENSES 25,000
    INTERACT OF WAKE COUNTY
    1012 OBERLIN ROAD
    RALEIGH,NC27605     		NONE PC RESTRICTED - PERSONAL & ECONOMIC EMPOWERMENT 5,000
    INTERCOLLEGIATE STUDIES INSTITUTE
    3901 CENTERVILLE ROAD
    WILMINGTON,DE19807     		NONE PC RESTRICTED - COLLEGIATE NETWORK 10,000
    INSTITUTE FOR FREE SPEECH
    124 S WEST STREET SUITE 201
    ALEXANDRIA,VA22314     		NONE PC GENERAL OPERATING EXPENSES 50,000
    INSTITUTE FOR HUMANE STUDIES
    3434 WASHINGTON BOULEVARD MS 1C5
    ARLINGTON,VA22201     		NONE PC GENERAL OPERATING EXPENSES 150,000
    INSTITUTE FOR HUMANE STUDIES
    3434 WASHINGTON BOULEVARD MS 1C5
    ARLINGTON,VA22201     		NONE PC RESTRICTED - POPE NC FUND 100,000
    INSTITUTE FOR HUMANE STUDIES
    3434 WASHINGTON BOULEVARD MS 1C5
    ARLINGTON,VA22201     		NONE PC RESTRICTED - ACADEMIC LEADERSHIP 85,000
    INSTITUTE FOR HUMANE STUDIES
    3434 WASHINGTON BOULEVARD MS 1C5
    ARLINGTON,VA22201     		NONE PC RESTRICTED - SOUTHEAST SUMMER SEMINAR 40,000
    INSTITUTE FOR JUSTICE
    901 NORTH GLEBE ROAD SUITE 900
    ARLINGTON,VA22203     		NONE PC GENERAL OPERATING EXPENSES 50,000
    INSTITUTE OF POLITICAL LEADERSHIP
    2 NEW BERN SQUARE
    GREENSBORO,NC27408     		NONE PC RESTRICTED - FELLOWS PROGRAM 25,000
    INSTITUTE OF POLITICAL LEADERSHIP
    2 NEW BERN SQUARE
    GREENSBORO,NC27408     		NONE PC RESTRICTED - FELLOWS PROGRAM 35,000
    INTERFAITH PRISON MINISTRY FOR WOMEN
    112 SOUTH SALISBURY STREET
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 20,000
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,234
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,234
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,234
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,234
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS ROAD SUITE 200
    RALEIGH,NC27609     		NONE PC GENERAL OPERATING EXPENSES 45,233
    JESSE HELMS CENTER FOUNDATION
    POST OFFICE BOX 247
    WINGATE,NC28174     		NONE PC GENERAL OPERATING EXPENSES 25,000
    JESSE HELMS CENTER FOUNDATION
    POST OFFICE BOX 247
    WINGATE,NC28174     		NONE PC RESTRICTED - FOREIGN POLICY LECTURE/FORUM SERIES 25,000
    JOBS FOR LIFE
    103 ENTERPRISE STREET 201
    RALEIGH,NC27607     		NONE PC GENERAL OPERATING EXPENSES 10,000
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 228,750
    JOHN LOCKE FOUNDATION
    200 WEST MORGAN STREET SUITE 200
    RALEIGH,NC27601     		NONE PC RESTRICTED - EA MORRIS FELLOWS PROGRAM 50,000
    JUNIOR ACHIEVEMENT
    4904 WATERS EDGE DRIVE SUITE 155
    RALEIGH,NC27606     		NONE PC RESTRICTED - WAKE COUNTY 10,000
    KIDZNOTES
    POST OFFICE BOX 200
    DURHAM,NC27702     		NONE PC RESTRICTED - WAKE COUNTY 10,000
    LAW & ECONOMICS CENTER AT GMU
    3301 FAIRFAX DRIVE SUITE 440
    ARLINGTON,VA22201     		NONE PC GENERAL OPERATING EXPENSES 20,000
    LIFE LINE OUTREACH INC
    POST OFFICE BOX 1632
    HENDERSON,NC27536     		NONE PC RESTRICTED - FACILITY REPAIRS 10,000
    LINCOLN NETWORK
    3105 S HARRINGTON STREET
    RALEIGH,NC27603     		NONE PC GENERAL OPERATING EXPENSES 25,000
    LOAVES AND FISHES
    1601 MARTIN LUTHER KING JR BLVD
    RALEIGH,NC27610     		NONE PC GENERAL OPERATING EXPENSES 10,000
    LUCY BURNS INSTITUTE
    8383 GREENWAY BLVD SUITE 600
    MIDDLETON,WI53562     		NONE PC RESTRICTED - BALLOTPEDIA 50,000
    MANHATTAN INSTITUTE FOR POLICY RESEARCH INC
    52 VANDERBILT AVENUE THIRD FLOOR
    NEW YORK,NY10017     		NONE PC RESTRICTED - ADAM SMITH SOCIETY 50,000
    MASONIC HOME FOR CHILDREN
    600 COLLEGE STREET
    OXFORD,NC27565     		NONE PC RESTRICTED - WAKE & VANCE COUNTY CHILDREN 25,000
    MERCATUS CENTER
    3434 WASHINGTON BLVD 4TH FLOOR
    ARLINGTON,VA22201     		NONE PC GENERAL OPERATING EXPENSES 135,000
    METHODIST HOME FOR CHILDREN
    1041 WASHINGTON STREET
    RALEIGH,NC27605     		NONE PC RESTRICTED - BARBARA H. CURTIS CENTER 2,500
    METHODIST HOME FOR CHILDREN
    1041 WASHINGTON STREET
    RALEIGH,NC27605     		NONE PC GENERAL OPERATING EXPENSES 5,000
    NATIONAL REVIEW INSTITUTE
    215 LEXINGTON AVENUE
    NEW YORK,NY10016     		NONE PC GENERAL OPERATING EXPENSES 50,000
    NATIONAL TAXPAYERS UNION FOUNDATION
    25 MASSACHUSETTS AVE SUITE 140
    WASHINGTON,DC20001     		NONE PC GENERAL OPERATING EXPENSES 35,000
    NEW CIVIL LIBERTIES ALLIANCE
    1225 19TH STREET NW SUITE 450
    WASHINGTON,DC20036     		NONE PC GENERAL OPERATING EXPENSES 30,000
    NEW VOCATIONS RACEHORSE
    719 DOLAN LANE
    LEXINGTON,KY40511     		NONE PC GENERAL OPERATING EXPENSES 15,000
    NC BUSINESS LEADERS FOR EDUCATION (BEST NC)
    100 SAS CAMPUS DRIVE BUILDING T
    CARY,NC27513     		NONE PC GENERAL OPERATING EXPENSES 15,000
    NC BUSINESS LEADERS FOR EDUCATION (BEST NC)
    100 SAS CAMPUS DRIVE BUILDING T
    CARY,NC27513     		NONE PC GENERAL OPERATING EXPENSES 15,000
    NC FREEENTERPRISE FOUNDATION
    434 FAYETTEVILLE STREET SUITE 1850
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 25,000
    NC FREEENTERPRISE FOUNDATION
    434 FAYETTEVILLE STREET SUITE 1850
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 25,000
    NC FREEENTERPRISE FOUNDATION
    434 FAYETTEVILLE STREET SUITE 1850
    RALEIGH,NC27601     		NONE PC RESTRICTED - FUNDRAISING DEVELOPMENT PROJECT 5,150
    NC-GA YOUTH LEGISLATIVE ASSEMBLY ADMINISTRATION (YLA)
    1319 MAIL SERVICE CENTER
    RALEIGH,NC27699     		NONE PC GENERAL OPERATING EXPENSES 7,000
    NETWORK OF ENLIGHTENED WOMEN (NEW)
    1513 16TH STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL OPERATING EXPENSES 10,000
    NEUSE CHRISTIAN ACADEMY
    7600 FALLS OF NEUSE ROAD
    RALEIGH,NC27615     		NONE PC GENERAL OPERATING EXPENSES 5,000
    NORTH CAROLINA CENTER ON ACTUAL INNOCENCE
    SHANNON PLAZA BLVD BOX 52446
    DURHAM,NC27717     		NONE PC GENERAL OPERATING EXPENSES 10,000
    NORTH CAROLINA FAMILY POLICY COUNCIL
    POST OFFICE BOX 20607
    RALEIGH,NC27619     		NONE PC GENERAL OPERATING EXPENSES 110,000
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 52,000
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA INSTITUTE FOR CONSTITUTIONAL LAW
    414 FAYETTEVILLE STREE SUITE G
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 21,500
    NORTH CAROLINA MASTER CHORALE
    2 E SOUTH STREET SUITE 25
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 10,000
    NORTH CAROLINA MUSEUM OF ART FOUNDATION
    2110 BLUE RIDGE ROAD
    RALEIGH,NC27607     		NONE PC GENERAL OPERATING EXPENSES 5,000
    NORTH CAROLINA OPERA COMPANY
    612 WADE AVENUE SUITE 100
    RALEIGH,NC27605     		NONE PC GENERAL OPERATING EXPENSES 20,000
    NORTH CAROLINA STATE UNIVERSITY FOUNDATION
    NCSU CAMPUS BOX 8101
    RALEIGH,NC27695     		NONE PC RESTRICTED - ECON, LEGAL, POLITICAL FOUNDATION 70,250
    NORTH CAROLINA SYMPHONY
    3700 GLENWOOD AVE SUITE 130
    RALEIGH,NC27612     		NONE PC GENERAL OPERATING EXPENSES 20,000
    NORTH CAROLINA THEATRE
    ONE EAST SOUTH STREET
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 45,000
    NORTH CAROLINIANS FOR REDISTRICTING REFORM
    POST OFFICE BOX 293
    RALEIGH,NC27602     		NONE PC GENERAL OPERATING EXPENSES 25,000
    OCCONEECHEE COUNCIL BOY SCOUTS OF AMERICA
    3231 ATLANTIC AVE
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING EXPENSES 10,000
    OCCONEECHEE COUNCIL BOY SCOUTS OF AMERICA
    3231 ATLANTIC AVE
    RALEIGH,NC27604     		NONE PC RESTRICTED - EAGLE SCOUT SCHOLARSHIP 40,000
    PACIFIC LEGAL FOUNDATION
    930 G STREET
    SACRAMENTO,CA95814     		NONE PC GENERAL OPERATING EXPENSES 5,000
    PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY
    101 MONTGOMERY STREET SUITE 1300
    SAN FRANCISCO,CA94104     		NONE PC RESTRICTED - CENTER FOR HEALTHCARE 15,000
    PARENTS FOR EDUCATIONAL FREEDOM IN NORTH CAROLINA
    434 FAYETTEVILLE STREET SUITE 1620
    RALEIGH,NC27601     		NONE PC GENERAL OPERATING EXPENSES 25,000
    PARENTS FOR EDUCATIONAL FREEDOM IN NORTH CAROLINA
    434 FAYETTEVILLE STREET SUITE 1620
    RALEIGH,NC27601     		NONE PC RESTRICTED - PARENT LIAISON TEAM 25,000
    PERFORMANCE EDGE
    1408 DIXIE TRAIL
    RALEIGH,NC27607     		NONE PC GENERAL OPERATING EXPENSES 5,000
    PERRY MEMORIAL LIBRARY INC
    205 BRECKENRIDGE ST
    HENDERSON,NC27536     		NONE PC GENERAL OPERATING EXPENSES 15,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		NONE PC GENERAL OPERATING EXPENSES 50,000
    PHOENIX EMPLOYMENT SERVICES
    20 NORTH 4TH STREET SUITE 430
    WILMINGTON,NC28401     		NONE PC RESTRICTED - STAFFING AGENCY PROJECT 100,000
    PRESERVATION NC
    PO BOX 27644
    RALEIGH,NC27611     		NONE PC RESTRICTED - OBERLIN HEADQUARTERS PROJECT 10,000
    PREVENT CHILD ABUSE NC
    3716 NATIONAL DRIVE
    RALEIGH,NC27612     		NONE PC GENERAL OPERATING EXPENSES 50,000
    PROPERTY AND ENVIRONMENT RESEARCH CENTER (PERC)
    2048 ANALYSIS DR SUITE A
    BOZEMAN,MT59718     		NONE PC GENERAL OPERATING EXPENSES 10,000
    PUBLIC INTEREST LEGAL FOUNDATION
    209 WEST MAIN STREET
    PLAINFIELD,IN46168     		NONE PC GENERAL OPERATING EXPENSES 75,000
    RALEIGH CAMERATA
    11020 TRAPPERS CREEK DRIVE
    RALEIGH,NC27614     		NONE PC GENERAL OPERATING EXPENSES 3,000
    RALEIGH CHARTER HIGH SCHOOL
    1307 GLENWOOD AVENUE
    RALEIGH,NC27605     		NONE PC GENERAL OPERATING EXPENSES 25,000
    RALEIGH FINE ARTS SOCIETY
    POST OFFICE BOX 10614
    RALEIGH,NC27605     		NONE PC GENERAL OPERATING EXPENSES 25,000
    RALEIGH LITTLE THEATRE
    301 POGUE STREET
    RALEIGH,NC27607     		NONE PC RESTRICTED - FAMILY SERIES PRODUCTIONS 10,000
    RALEIGH RESCUE MISSION INC
    POST OFFICE BOX 27391
    RALEIGH,NC27611     		NONE PC GENERAL OPERATING EXPENSES 20,000
    RAVENSCROFT SCHOOL
    7409 FALLS OF NEUSE ROAD
    RALEIGH,NC27615     		NONE PC RESTRICTED - AP POLITICS AND GOVERNMENT 125,000
    RAVENSCROFT SCHOOL
    7409 FALLS OF NEUSE ROAD
    RALEIGH,NC27615     		NONE PC GENERAL OPERATING EXPENSES 25,000
    REAL CLEAR FOUNDATION
    666 DUNDEE ROAD BUILDING 600
    NORTHBROOK,IL60062     		NONE PC RESTRICTED - REAL CLEAR INVESTIGATIONS 15,000
    REALITY MINISTRIES
    916 LAMOND AVENUE
    DURHAM,NC27701     		NONE PC GENERAL OPERATING EXPENSES 15,000
    REASON FOUNDATION
    1747 CONNECTICUT AVE NW
    WASHINGTON,DC20009     		NONE PC GENERAL OPERATING EXPENSES 10,000
    REBUILDING TOGETHER OF THE TRIANGLE
    200 TRANS AIR DRIVE SUITE 200
    MORRISVILLE,NC27560     		NONE PC RESTRICTED - WAKE COUNTY 10,000
    SAFECHILD
    864 WEST MORGAN STREET
    RALEIGH,NC27603     		NONE PC GENERAL OPERATING EXPENSES 10,000
    SAFE FAMILIES FOR CHILDREN ALLIANCE
    4300 WEST IRVING PARK ROAD
    CHICAGO,IL60641     		NONE PC RESTRICTED - RALEIGH CHAPTER 15,000
    SAFE HAVEN FOR CATS
    8431-137 GARVEY DRIVE
    RALEIGH,NC27616     		NONE PC GENERAL OPERATING EXPENSES 7,000
    SALVATION ARMY OF WAKE COUNTY
    1863 CAPITAL BOULEVARD
    RALEIGH,NC27604     		NONE PC RESTRICTED - COVID-19 OPERATIONS 10,000
    SALVATION ARMY OF WAKE COUNTY
    1863 CAPITAL BOULEVARD
    RALEIGH,NC27603     		NONE PC GENERAL OPERATING EXPENSES 5,000
    SECU FAMILY HOUSE AT UNC HOSPITALS
    123 OLD MASON FARM RD
    CHAPEL HILL,NC27517     		NONE PC GENERAL OPERATING EXPENSES 25,000
    SHEPHERD'S TABLE SOUP KITCHEN
    121 HILLSBOROUGH STREET
    RALEIGH,NC27603     		NONE PC GENERAL OPERATING EXPENSES 5,000
    STATE POLICY NETWORK
    1655 NORTH FORT MYER DRIVE STE 360
    ARLINGTON,VA22209     		NONE PC GENERAL OPERATING EXPENSES 60,000
    STEPUP MINISTRY
    1701 OBERLIN RD
    RALEIGH,NC27608     		NONE PC RESTRICTED - STEPUP MINISTRY RALEIGH 25,000
    STUDENT FREE PRESS ASSOCIATION
    4771 MECHANIC ROAD
    HILLSDALE,MI49242     		NONE PC GENERAL OPERATING EXPENSES 15,000
    THE EDUCATIONAL FOUNDATION INC
    POST OFFICE BOX 2446
    CHAPEL HILL,NC27515     		NONE PC RESTRICTED - TRACK & FIELD SCHOLARSHIPS 133,333
    THE FRASER INSTITUTE
    301-815 FIRST STREET SW CALGARY
      ALBERTAT2P1N3
    CA     		NONE PC RESTRICTED - ECON JOURNAL WATCH 10,000
    THE FUND FOR AMERICAN STUDIES
    1706 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20009     		NONE PC RESTRICTED - ECONOMICS FOR LEADERS 10,000
    THE FUND FOR AMERICAN STUDIES
    1706 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20009     		NONE PC RESTRICTED - POPE SCHOLARSHIP 25,000
    THE FUND FOR AMERICAN STUDIES
    1706 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20009     		NONE PC GENERAL OPERATING EXPENSES 25,000
    THE GREEN CHAIR PROJECT
    1853 CAPITAL BOULEVARD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING EXPENSES 25,000
    THE MEDICAL FOUNDATION OF NORTH CAROLINA
    POST OFFICE BOX 309
    CHAPEL HILL,NC27514     		NONE PC RESTRICTED - UNC LINEBERGER - TOMORROW'S BEST HOPE 666,667
    THE MEDICAL FOUNDATION OF NORTH CAROLINA
    POST OFFICE BOX 309
    CHAPEL HILL,NC27514     		NONE PC RESTRICTED - UNC HORIZONS PROGRAM 83,333
    THOROUGHBRED CHARITIES OF AMERICA
    3101 BEAUMONT CENTRE CIRCLE SUITE
    110
    LEXINGTON,KY40513     		NONE PC RESTRICTED - GRANTMAKING 10,000
    TRANSITIONS LIFECARE
    250 HOSPICE CIRCLE
    RALEIGH,NC27607     		NONE PC RESTRICTED - BILLY DUNLAP IMPACT FUND 15,000
    TROSA - TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS
    1820 JAMES STREET
    DURHAM,NC27707     		NONE PC RESTRICTED - WAKE COUNTY 25,000
    UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL-ARTS AND SCIENCES FND
    101 CALDWELL HALL
    CHAPEL HILL,NC27599     		NONE PC RESTRICTED - ARTS AND SCIENCES - PHILOSOPHY, POLITICS, & ECONOMICS 500,000
    URBAN MINISTRIES OF WAKE COUNTY
    POST OFFICE BOX 26476
    RALEIGH,NC27611     		NONE PC GENERAL OPERATING EXPENSES 5,000
    VIRGINIA EPISCOPAL SCHOOL
    400 VES RD
    LYNCHBURG,VA24503     		NONE PC GENERAL OPERATING EXPENSES 25,000
    VIRGINIA EPISCOPAL SCHOOL
    400 VES RD
    LYNCHBURG,VA24503     		NONE PC RESTRICTED - VISION 2016 CAMPAIGN 100,000
    WHITE MEMORIAL PRESBYTERIAN CHURCH
    1704 OBERLIN RD
    RALEIGH,NC27608     		NONE PC GENERAL OPERATING EXPENSES 25,000
    YMCA OF THE TRIANGLE
    1601 HILLSBOROUGH STREET
    RALEIGH,NC27605     		NONE PC GENERAL OPERATING EXPENSES 5,000
    YOUNG AMERICA'S FOUNDATION
    FM KIRBY FREEDOM CENTER 110 ELDEN
    STREET
    HERNDON,VA20170     		NONE PC GENERAL OPERATING EXPENSES 20,000
    YOUNG VOICES
    1342 FLORIDA AVENUE NW
    WASHINGTON,DC20009     		NONE PC GENERAL OPERATING EXPENSES 5,000
    FULL GOSPEL TABERNACLE
    302 SPRING AVE
    FUQUAYVARINA,NC27526     		NONE PC GENERAL OPERATING EXPENSES 23,450
    Total .................................bullet 3a 11,157,283
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 1,381,670  
    4 Dividends and interest from securities....     14 3,007,913  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....         128,884
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 774,262  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,594,914  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 8,758,759 128,884
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,887,643
    (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.)
    5 THE FUNDS PROVIDED BY THESE ACTIVITIES ALLOW THE ORGANIZATION TO IMPROVE THE WELL-BEING OF NORTH CAROLINIANS BY ADVANCING THE IDEAS OF LIMITED GOVERNMENT, INDIVIDUAL FREEDOM, PERSONAL RESPONSIBILITY AND STRONG COMMUNITIES.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description