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
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 10-01-2018 , and ending 09-30-2019
Name of foundation
REIDSVILLE AREA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)124 S SCALES STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
REIDSVILLE, NC27320
A Employer identification number

56-2255809
B Telephone number (see instructions)

(336) 634-1669
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$35,673,422J 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 3,231 3,231 3,231
4 Dividends and interest from securities... 1,972,097 1,972,097 1,972,097
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 522,215
b Gross sales price for all assets on line 6a 7,180,018
7 Capital gain net income (from Part IV, line 2)... 522,215
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment 30,265   30,265
12 Total. Add lines 1 through 11........ 2,527,808 2,497,543 2,005,593
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 167,679     157,376
14 Other employee salaries and wages...... 24,552     24,200
15 Pension plans, employee benefits....... 32,620     32,620
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment 6,375     6,375
c Other professional fees (attach schedule).... Click to see attachment 196,068 195,993 75  
17 Interest............... 34,403     34,403
18 Taxes (attach schedule) (see instructions)... Click to see attachment 43,998 43,998    
19 Depreciation (attach schedule) and depletion... Click to see attachment 39,422    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,486     4,486
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 59,278     58,894
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 608,881 239,991 75 318,354
25 Contributions, gifts, grants paid....... 1,300,849 1,300,849
26 Total expenses and disbursements. Add lines 24 and 25 1,909,730 239,991 75 1,619,203
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 618,078
b Net investment income (if negative, enter -0-) 2,257,552
c Adjusted net income (if negative, enter -0-)... 2,005,518
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 27,212 22,174 22,174
2 Savings and temporary cash investments......... 120,526 40,305 40,305
3 Accounts receivable bullet279
Less: allowance for doubtful accounts bullet   247 279 279
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 4,470 7,222 7,222
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 32,061,515 Click to see attachment31,178,284 31,178,284
c Investments—corporate bonds (attach schedule)....... 3,288,939 Click to see attachment3,315,941 3,315,941
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet1,332,793
Less: accumulated depreciation (attach schedule) bullet223,798 1,148,417 1,108,995 1,108,995
15 Other assets (describe bullet) Click to see attachment287 Click to see attachment222 Click to see attachment222
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,651,613 35,673,422 35,673,422
Liabilities 17 Accounts payable and accrued expenses.......... 6,600 15,242
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment811,539 Click to see attachment771,174
23 Total liabilities (add lines 17 through 22)......... 818,139 786,416
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 35,833,474 34,887,006
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 35,833,474 34,887,006
31 Total liabilities and net assets/fund balances (see instructions). 36,651,613 35,673,422
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
35,833,474
2
Enter amount from Part I, line 27a .....................
2
618,078
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
36,451,552
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,564,546
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
34,887,006
Form 990-PF (2018)
Form 990-PF (2018)
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
c
d
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 7,180,018 0 6,657,803 522,215
b
c
d
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 0 0 0 522,215
b
c
d
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 2 522,215
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))
2017 1,370,203 34,938,577 0.039217
2016 1,241,351 32,717,871 0.037941
2015 1,865,434 30,657,063 0.060848
2014 1,701,348 32,693,825 0.052039
2013 1,698,178 33,044,672 0.051390
2
Total of line 1, column (d) .....................
2
0.241435
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
0.048287
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
33,905,488
5
Multiply line 4 by line 3......................
5
1,637,194
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,576
7
Add lines 5 and 6........................
7
1,659,770
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,652,453
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 (2018)
Form 990-PF (2018)
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 45,151
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 45,151
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 45,151
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 36,800
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 36800 7 36,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,351
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bullet
    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 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    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.RAFOUNDATION.ORG
    14
    The books are in care ofbulletDAWN CHARABA Telephone no.bullet (336) 634-1669

    Located atbullet124 S SCALES STREIDSVILLENC ZIP+4bullet273201169
    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 2018, 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
     
     
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    KEN NORMAN CHAIR
    1.00     		0 0 0
    124 S SCALES STREET
    REIDSVILLE,NC27320
    MARY SHEPHERD VICE CHAIR
    1.00     		0 0 0
    124 S SCALES STREET
    REIDSVILLE,NC27320
    SKIP BALSLEY TREASURER
    1.00     		0 0 0
    124 S SCALES STREET
    REIDSVILLE,NC27320
    JAMES BURSTON SECRETARY
    1.00     		0 0 0
    124 S SCALES STREET
    REIDSVILLE,NC27320
    JONATHAN CRAIG DIRECTOR
    0.50     		0 0 0
    124 S SCALES STREET
    REIDSVILLE,NC27320
    WAYNE KEELING DIRECTOR
    0.50     		0 0 0
    124 S SCALES STREET
    REIDSVILLE,NC27320
    LEE NIEGELSKY DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    BELINDA FOSTER DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    JENNIFER NIXON EXEC. DIR
    32.00     		168,031 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    TIFFANY MORRIS DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    WENDY WALKER DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    ED WILSON DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    CHERI BARRETT DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    ANN WILLIS DIRECTOR
    0.50     		0 0 0
    124 S SCALES ST
    REIDSVILLE,NC27320
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    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  
    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 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    34,214,052
    b
    Average of monthly cash balances.......................
    1b
    189,352
    c
    Fair market value of all other assets (see instructions)................
    1c
    18,411
    d
    Total (add lines 1a, b, and c).........................
    1d
    34,421,815
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    34,421,815
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    516,327
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    33,905,488
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,695,274
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,695,274
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    45,151
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    45,151
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,650,123
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,650,123
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,650,123
    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
    1,619,203
    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
    33,250
    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
    1,652,453
    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
    1,652,453
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,650,123
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 25,281
    b From 2014...... 102,769
    c From 2015...... 361,639
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 489,689
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,652,453
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,650,123
    e Remaining amount distributed out of corpus 2,330
    5 Excess distributions carryover applied to 2018.    
    (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 5 492,019
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		25,281
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		466,738
    10 Analysis of line 9:
    a Excess from 2014.... 102,769
    b Excess from 2015.... 361,639
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 2,330
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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).)
    NA
    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.
    NA
    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:
    JENNIFER NIXON
    124 S SCALES ST
    REIDSVILLE,NC27320
    (336) 634-1669
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST, JUSTIFICATION, FUNDING REQUIREMENTS
    cAny submission deadlines:
    LETTERs OF INTEREST AND APPLICATIONS ARE REVIEWED ON A CONTINUAL BASIS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ROCKINGHAM COUNTY, NORTH CAROLINA
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    DAN RIVER BASIN ASSOCIATION
    413 CHURCH ST
    EDEN,NC27288     		  NC CHINQUA PENN TRAILSTORM REPAIRS 2,500
    BOYS AND GIRLS CLUB OF EDEN
    1026 HARRIS ST
    EDEN,NC27288     		  NC CAPITAL CAMPAIGNMATCHING FUNDS 15,000
    DAN RIVER BASIS ASSOCIATION
    413 CHURCH ST
    EDEN,NC27288     		  NC CHINQUA PENN TRAILSUSTAINABILITY PLAN 70,030
    DAN RIVER BASIS ASSOCIATION
    413 CHURCH ST
    EDEN,NC27288     		  NC CHINQUA PENN TRAILPATHWAYS PHASE 2 36,000
    HELP INC-CENTER AGAINST VIOLENCE
    240 CHEROKEE CAMP RD
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 3,000
    HELP INC-CENTER AGAINST VIOLENCE
    240 CHEROKEE CAMP RD
    REIDSVILLE,NC27320     		  NC SQUAREONE FAMILYJUSTICE CENTER 150,000
    HOSPICE OF ROCKINGHAM COUNTY
    2150 HWY 65
    REIDSVILLE,NC27320     		  NC PPATIENT CARE 4,250
    NC 100
    PO BOX 281
    WENTWORTH,NC27375     		  NC PROMOTE COMMUNITYPROJECTS 36,000
    PIEDMONT FOLK LEGACIES INC
    PO BOX 867
    EDEN,NC27288     		  NC PICK POGRAM PIEDMONTCLASSES FOR KIDS 10,000
    PREVENT BLINDNESS NORTH CAROLINA
    4011 WESTCHASE BLVD 225
    RALEIGH,NC27607     		  NC STAR PUPILS OFROCKINGHAM COUNTY 2,000
    RC PARTNERSHIP FOR CHILDREN
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC GENERAL OPERATINGSUPPORT 3,750
    RC PARTNERSHIP FOR CHILDREN
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC DOLLY PARTON IMAGINATION LIBRARY 30,000
    RC PARTNERHSIP FOR CHILDREN
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC COLLECTIVE IMPACT FUNDING 15,000
    REIDSVILLE SOUP KITCHEN
    121 ARLINGTON ST
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 1,000
    REMMSCO INC
    S MAIN ST
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 750
    ROCKINGHAM COUNTY CHAMPIONS OF EDUCATION
    PO BOX 1391
    REIDSVILLE,NC27323     		  NC PROGRAM SUPPORT 15,000
    ROCK CNTY SCHOOLS-SOUTH END
    S PARK DRIVE
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 750
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC SUPERINTENDENTS FUND 4,250
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC BEGINNING TEACHERSSTART OF THE YRFUNDING 26,000
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC ALL COUNTY BAND, CHORALTHEATRE & VISUAL ARTS 2,000
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC UNDERSTANDING EQUITYTRAINING 17,600
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC IB DIPLOMA PROGRAM 99,500
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC TRANSFORMATIVE SYSTEM OFSUPPORT FOR STUDENTS 15,000
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC IB FIELD TRIP TOHOLOCAUST MUSEUM 24,000
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC IMPROVING HEALTH &SCHOOL PERFORMANCE 120,000
    ROCKINGHAM COUNTY SCHOOLS
    511 HARRINGTON HWY
    EDEN,NC27288     		  NC GEM GRANTS 25,000
    ROCKINGHAM COMMUNITY COLLEGE FOUNDATION
    PO BOX 38
    WENTWORTH,NC27375     		  NC SCHOLARSHIPS 1,250
    ROCKINGHAM COMMUNITY COLLEGE
    PO BOX 38
    WENTWORTH,NC27375     		  NC GED & HISETTESTING FEES 2,500
    ROCKINGHAM COMMUNITY COLLEGE
    PO BOX 38
    WENTWORTH,NC27375     		  NC PRESIDENT'S OFFICEROCKINGHAM PROMISE 272,469
    ROCKINGHAM COUNTY TENNIS ASSOC
    102 EAST MURPHY ST APT A
    MADISON,NC27025     		  NC BOARD DESIGNATEDUNRESTRICTED 1,000
    ROCKINGHAM COUNTY ARTS COUNCIL
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 1,000
    RC EDUCATION FOUNDATION
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 4,000
    RC EDUCATION FOUNDATION
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC STRIVE INITIATIVE 25,000
    RC EDUCATION FOUNDATION
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC PRINCIPAL'S FUND 33,000
    RC EDUCATION FOUNDATION
    124 S SCALES ST
    REIDSVLLE,NC27320     		  NC CORE MISSION SUPPORT 22,000
    RC EDUCATION FOUNDATION
    124 S SCALES ST
    REIDSVLLE,NC27320     		  NC PRINCIPAL'S FUND ROCKINGHAM COUNTY 71,500
    ROCK CNTY HEALTHCARE ALLIANCE
    124 S SCALES ST
    REIDSVILLE,NC27320     		  NC HEALTH INITIATIVE 3,750
    ROCK CNTY HISTORICAL SOCIETY
    HWY 65
    WENTWORTH,NC27375     		  NC BOARD DESIGNATEDUNRESTRICTED 1,500
    ROCKINGHAM COUNTY PUBLIC LIBRARY
    598 S PIERCE ST
    EDEN,NC27288     		  NC PROGRAM 2,000
    THE LAST DONS
    PO BOX 1002
    EDEN,NC27289     		  NC STUDENT SUPPLIES 2,000
    THE NEW REIDSVILLE HOUSING AUTHORITY
    924 THIRD AVE
    REIDSVILLE,NC27320     		  NC NORTH STARINITIATIVE 91,750
    UNC-CH CAROLINA COLLEGE ADVISING CORP
    301 W BARBEE CHAPEL RD
    CHAPEL HILL,NC27517     		  NC CAROLINA COLLEGEADVISING CORPS 35,000
    YMCA OF REIDSVILLE
    S MAIN ST
    REIDSVILLE,NC27320     		  NC WE BUILD PEOPLE 1,000
    YMCA OF REIDSVILLE
    S MAIN ST
    REIDSVILLE,NC27320     		  NC BRIGHT BEGINNINGS 750
    YMCA OF REIDSVILLE
    S MAIN ST
    REIDSVILLE,NC27320     		  NC BOARD DESIGNATEDUNRESTRICTED 1,000
    Total .................................bullet 3a 1,300,849
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 0 3,231
    4 Dividends and interest from securities....     14 0 1,972,097
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 0 522,215
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSHARED EXPENSE REIMBURSEMENT     		    14 0 11,308
    bMISC          
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   0 2,508,851
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,508,851
    (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.)
    1 THE PURPOSE OF THE FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT
    1 TO ASSIST IN SERVING THE HEALTH AND HUMAN SERVICE NEEDS
    1 OF ROCKINGHAM COUNTY, NORTH CAROLINA.
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 (2018)
    Additional Data


    Software ID:  
    Software Version:  
    Part VI Line 7 - Tax Paid with the Original Return: 36,800


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Richard Westmoreland, CPA, PLLC Bookkeeping & Tax Return 3,550     3,550
    Gilliam, Coble & Moser Sytems audit 2,825     2,825

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNITURE 2005-09-26 2,000 2,000 SL 10.000000000000 0      
    Office Furniture 2005-09-26 6,790 6,790 SL 10.000000000000 0      
    Furniture 2005-10-31 448 448 SL 10.000000000000 0      
    Furniture 2005-10-31 2,295 2,295 SL 10.000000000000 0      
    Server 2005-10-31 4,309 4,309 SL 10.000000000000 0      
    Software 2005-03-08 14,631 14,631 SL 3.000000000000 0      
    Phaser 8560D MFD 2010-09-17 1,849 1,480 SL 10.000000000000 185      
    Computers(2) 2011-02-07 5,964 4,573 SL 10.000000000000 596      
    Dell Latitude E5520 2012-05-25 1,428 905 SL 10.000000000000 143      
    Mac Mini 2012-03-15 1,013 1,013 SL 3.000000000000 0      
    PC Software for Interns 2012-05-24 298 298 SL 3.000000000000 0      
    Building 2013-07-01 98,745 13,293 SL 39.000000000000 2,532      
    Architects and Environmental Testing 2013-07-01 7,790 1,049 SL 39.000000000000 199      
    Building Expenses 2013-07-01 3,246 436 SL 39.000000000000 83      
    Architect Fees 2013-07-01 28,900 3,890 SL 39.000000000000 741      
    Conference Table 2013-07-01 2,050 1,076 SL 10.000000000000 205      
    Photos for Conference Room 2013-07-01 415 217 SL 10.000000000000 42      
    Dell Laptops(2) 2013-07-01 796 796 SL 3.000000000000 0      
    Tea Table 2013-07-01 213 111 SL 10.000000000000 22      
    By Design-Red Collection/Aubrey Home 2013-07-01 3,371 1,770 SL 10.000000000000 337      
    Board Room Phone System 2013-07-12 388 204 SL 10.000000000000 39      
    Projector Parts and Screen 2013-07-12 396 207 SL 10.000000000000 40      
    Upholstery Fabric for Chairs 2013-07-12 958 504 SL 10.000000000000 96      
    By Design- Labor to Upholster Chairs 2013-07-22 1,331 687 SL 10.000000000000 133      
    Natural Edge Bowl and Vessel 2013-08-07 600 310 SL 10.000000000000 60      
    Blinds for Front Office 2013-08-08 3,809 1,968 SL 10.000000000000 381      
    Upholstery Fabric for Chairs 2013-08-13 100 53 SL 10.000000000000 10      
    Refrigerator 2013-09-13 465 237 SL 10.000000000000 46      
    Apple Computer 2013-09-17 2,080 1,040 SL 10.000000000000 208      
    Building renovation 2013-07-12 499,183 67,198 SL 39.000000000000 12,800      
    Building Renovation 2013-07-01 41,137 5,538 SL 39.000000000000 1,055      
    10 Conference Room Chairs 2013-07-01 1,500 1,125 SL 7.000000000000 215      
    6 Desk Chairs 2013-07-01 900 674 SL 7.000000000000 129      
    14 Office Chairs 2013-07-01 2,100 1,575 SL 7.000000000000 300      
    Cherry Dining Table w/ 3 Leaves 2013-07-01 1,650 1,237 SL 7.000000000000 235      
    Land 2013-07-01 28,000 0 Land 0.000000000000 0      
    IPAD #MC954II/A 2014-03-11 362 362 SL 3.000000000000 0      
    IPAD Cover- Sandra Gann 2014-03-28 130 130 SL 3.000000000000 0      
    IPAD- Amber Berger 2014-05-12 438 438 SL 3.000000000000 0      
    Inspiron One 2350 & Install 2014-06-04 1,422 1,233 SL 5.000000000000 142      
    Inspiron One 2350 & Install 2014-06-04 1,412 1,225 SL 5.000000000000 141      
    Inspiron One 2350 & Install 2014-08-07 1,401 1,168 SL 5.000000000000 140      
    Poweredge T1101 Server & Install 2014-08-07 4,403 3,669 SL 5.000000000000 440      
    1.5TB Portable Hard Drive 2014-05-13 110 99 SL 5.000000000000 11      
    Interior Office Signs 2014-02-11 1,936 1,291 SL 7.000000000000 276      
    TV and Hardware- Boardroom 2014-04-09 3,899 2,507 SL 7.000000000000 557      
    Door Sign 2014-05-09 120 76 SL 7.000000000000 18      
    Mounting Hardware for TV 2014-05-12 370 234 SL 7.000000000000 53      
    PC Software 2014-08-07 122 122 SL 3.000000000000 0      
    Dell Inspiron One 2350 & Set up 2014-11-10 1,663 1,303 SL 5.000000000000 333      
    IPAD MD785II/B- S#DMRN4XVRFK10 2014-12-09 399 307 SL 5.000000000000 79      
    Second Floor renovation 2017-02-01 522,427 21,768 SL 39.000000000000 13,396      
    Furnishings Second Floor 2017-05-01 8,602 1,843 SL 7.000000000000 1,229      
    Portable 2-sided marker board 2017-04-10 12,429 2,664 SL 7.000000000000 1,775      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publically Traded Securities         7,180,018 6,657,803     522,215  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEI LIMITED DURATION BOND 1,664,085 1,664,085
    SEI HIGH YIELD BOND FUND #284 1,651,856 1,651,856

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SEI CORE PROPERTY FUND LP 2,152,525 2,152,525
    SEI STRUCTURED CREDIT FUND 2,252,710 2,252,710
    SEI DYNAMIC ASSET ALLOC FUND 1,686,762 1,686,762
    SEI EXTENDED MKT INDEX-A 1,648,596 1,648,596
    SEI LARGE CAP INDEX FUND 6,062,337 6,062,337
    SEI CORE FIXED INCOME FUND 3,692,582 3,692,582
    SEI OPPORTUNISTIC INCOME FUND 1,327,240 1,327,240
    SIIT EMERGING MARKETS DEBT FUND 1,678,376 1,678,376
    SIIT MULTI ASSET REAL RETURN FUND 987,531 987,531
    SEI WORLD EQUITY EX-US FUND 7,847,293 7,847,293
    SEI Global MGD Volatility FD (Sgmax) 1,709,866 1,709,866
    SEI ENERGY DEPT LP ESCROW ASSET 132,466 132,466

    TY 2018 OtherAssetsSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LOAN CLOSING FEES NET OF AMORT 287 222 222


    TY 2018 OtherDecreasesSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 1,564,546


    TY 2018 OtherExpensesSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 7,262     7,262
    Office Expense 22,322     22,322
    Software/Systems/Website 9,389     9,389
    Misc 2,673     2,673
    Interns 3,493     3,493
    Staff & Board Development 13,690     13,690
    Amortization 65     65
    Penalties 384      


    TY 2018 OtherIncomeSchedule2
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SHARED EXPENSE REIMB 11,307   11,307
    RETURNED GRANT FUNDS 18,958   18,958


    TY 2018 OtherLiabilitiesSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Description Beginning of Year - Book Value End of Year - Book Value
    HOME SAVINGS BANK (SHORT-TERM) 33,716 35,202
    HOME SAVINGS BANK (LONG-TERM) 756,427 721,691
    DEFERRED EXCISE TAX 2,726 1,573
    PAYROLL LIABILTIES 4,283 4,357
    EXCISE TAX PAYABLE 14,387 8,351


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Sterns Financial Group Brokerage 10,000 10,000    
    SEI Brokerage 185,993 185,993    
    Adina Tompkins Photography 75   75  


    TY 2018 TaxesSchedule
    Name:
    REIDSVILLE AREA FOUNDATION
    EIN:
    56-2255809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax 43,998 43,998