| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| General Consultations | 1,530 | 1,530 |
| Person Name | Explanation |
|---|---|
| Jerome Reyes | * resigned from foundation in FY 2019 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1997-09-30 | 94,916 | 94,916 | SL | 25 | ||||
| BLDG IMPS | 2000-09-30 | 106,904 | 49,339 | SLA | 39 | 2,741 | |||
| BLDG IMPS | 2000-10-18 | 41,678 | 19,240 | SL | 39 | 1,069 | |||
| BLDG IMPS | 2000-11-14 | 2,257 | 1,071 | SL | 39 | 58 | |||
| BLDG IMPS | 2005-08-30 | 5,630 | 4,924 | SL | 15 | 375 | |||
| BLDG IMPS | 2013-08-31 | 14,650 | 7,452 | SL | 10 | 1,467 | |||
| BLDG IMPS | 2016-09-30 | 25,278 | 25,278 | SL | 10 | ||||
| LAND | 1997-09-30 | 20,000 | L | ||||||
| COMPUTER EQUIPMENT | 2011-10-14 | 1,399 | 1,399 | SL | 5 | ||||
| MACHINERY & EQUIP | 2011-10-14 | 46,126 | 46,126 | SL | 5 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
TEACH FOUNDATION |
214 N 5TH ST HARTSVILLE,SC29550 |
2018-05-18 | 25,099 | TO SUPPORT THE BOOKMOBILE PROJECT TARGETING SUMMER READING LOSS | 25,099 | NO | 10/25/18, 2/11/19 | NONE NECESSARY |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD INTERMEDIATE TERM INV | 632,206 | 656,157 |
| VANGUARD LONG TERM INVESTMENT | 507,775 | 534,691 |
| VANGUARD SHORT-TERM CORPORATE | 954,230 | 962,174 |
| VANGUARD TOT INTL BOND IX ADMI | 1,704,882 | 1,842,083 |
| VANGUARD TOTAL BOND MARKET IND | 2,072,456 | 2,153,477 |
| VANGUARD TOTAL INTERNATIONAL S | 4,941,234 | 5,334,831 |
| VANGUARD TOTAL STOCK MARKET IN | 7,225,251 | 9,251,905 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 94,916 | 94,916 | 92,900 | |
| BLDG IMPS | 106,904 | 52,080 | 54,824 | |
| BLDG IMPS | 41,678 | 20,309 | 21,369 | |
| BLDG IMPS | 2,257 | 1,129 | 1,128 | |
| BLDG IMPS | 5,630 | 5,299 | 331 | |
| BLDG IMPS | 14,650 | 8,919 | 5,731 | |
| BLDG IMPS | 25,278 | 25,278 | ||
| LAND | 20,000 | 20,000 | 8,000 | |
| COMPUTER EQUIPMENT | 1,399 | 1,399 | ||
| MACHINERY & EQUIP | 46,126 | 46,126 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 1,600 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 44,900 | 44,900 | ||
| Bank Charges | 65 | 65 | ||
| Foundation Dues & Memberships | 8,914 | 8,914 | ||
| Indemnification Insurance | 4,446 | 4,446 | ||
| Office Supplies | 892 | 892 | ||
| Payroll Processing Fees | 2,058 | 2,058 | ||
| Postage/Delivery Service | 587 | 587 | ||
| Property insurance | 1,843 | 1,843 | ||
| Website Hosting/Support | 393 | 393 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Class Action Lawsuit Proceeds | 161 | 161 | |
| Interest Income from Note | 57,761 | 57,761 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HARTSVILLE PUBLIC DEVELOPMENT CORP | 1,200,000 | 1,400,000 | 2018-03 | 2023-07 | PRINCIPAL DUE AT MATURITY, INTEREST MONTHLY | 380.82 % | MORTGAGE | TO PURCHASE PARCELS OF LAND IN HARTSVILLE, SC | CASH | 1,400,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 27,033 | 27,033 | ||
| COMMUNITY DEV SYMPOSIUM SRVCS | 1,250 | 1,250 | ||
| ADVERTISING SERVICES | 90 | 90 | ||
| Website Development | 50 | 50 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2019 | 600 |