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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
SOUTHERN HIGHLANDS RESERVE INC
C/O ROBERT BALENTINE JR
Number and street (or P.O. box number if mail is not delivered to street address)558 SUMMIT RIDGE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE TOXAWAY, NC28747
A Employer identification number

20-0212113
B Telephone number (see instructions)

(828) 885-2050
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$3,532,564J 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) 306,060
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 5 5 5
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 800
b Gross sales price for all assets on line 6a 800
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 54,547 0 54,547
12 Total. Add lines 1 through 11........ 361,412 5 54,552
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 111,996 0 0 111,996
14 Other employee salaries and wages...... 101,111 0 0 101,111
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,577 0 0 8,577
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 29,733 0 0 29,710
19 Depreciation (attach schedule) and depletion... Click to see attachment 205,262 0 205,262
20 Occupancy..............        
21 Travel, conferences, and meetings....... 820 0 0 820
22 Printing and publications.......... 582 0 0 582
23 Other expenses (attach schedule)....... Click to see attachment 133,830 0 0 133,830
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 591,911 0 205,262 386,626
25 Contributions, gifts, grants paid....... 7,000 7,000
26 Total expenses and disbursements. Add lines 24 and 25 598,911 0 205,262 393,626
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -237,499
b Net investment income (if negative, enter -0-) 5
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 21,480 189,391 189,391
2 Savings and temporary cash investments.........      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 115,703 Click to see attachment115,703 115,703
14 Land, buildings, and equipment: basis bullet7,021,104
Less: accumulated depreciation (attach schedule) bullet3,798,769 3,427,597 Click to see attachment3,222,335 3,222,335
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment5,135 Click to see attachment5,135
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,564,780 3,532,564 3,532,564
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)......   206,900
22 Other liabilities (describe bullet) Click to see attachment5,086 Click to see attachment3,469
23 Total liabilities (add lines 17 through 22)......... 5,086 210,369
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 3,559,694 3,322,195
29 Total net assets or fund balances (see instructions)..... 3,559,694 3,322,195
30 Total liabilities and net assets/fund balances (see instructions). 3,564,780 3,532,564
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
3,559,694
2
Enter amount from Part I, line 27a .....................
2
-237,499
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,322,195
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
3,322,195
Form 990-PF (2020)
Form 990-PF (2020)
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.)
1a
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
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
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  
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 0
c All other domestic foundations enter 1.39% 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 0
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
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 2021 estimated taxBullet   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 the instructions
for the 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)
    bulletDE
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    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.SOUTHERNHIGHLANDSRESERVE.ORG
    14
    The books are in care ofbulletKELLY M HOLDBROOKS Telephone no.bullet (828) 885-2050

    Located atbullet558 SUMMIT RIDGE ROADLAKE TOXAWAYNC ZIP+4bullet28747
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ROBERT M BALENTINE PRESIDENT/TREASURER
    10.00     		7,788 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    ELIZABETH G BALENTINE SECRETARY
    5.00     		8,208 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    ELIZABETH B GURLEY DIRECTOR
    1.00     		0 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    EMILY B BARBOUR DIRECTOR
    1.00     		0 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    ROBERT M BALENTINE III DIRECTOR
    1.00     		0 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    KELLY M HOLDBROOKS EXECUTIVE DIRECTOR
    40.00     		96,000 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    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 (2020)
    Form 990-PF (2020)
    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 THE SOUTHERN HIGHLANDS RESERVE IS DEDICATED TO SUSTAINING THE NATURAL ECOSYSTEMS OF THE BLUE RIDGE MOUNTAINS THROUGH THE PRESERVATION, CULTIVATION AND DISPLAY OF PLANTS NATIVE TO THE REGION AND BY ADVOCATING FOR THEIR VALUE THROUGH EDUCATION, RESTORATION AND RESEARCH. 393,626
    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 (2020)
    Form 990-PF (2020)
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    133,985
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    133,985
    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
    133,985
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,010
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    131,975
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,599
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    393,626
    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
    393,626
    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
    393,626
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, 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)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
    2004-03-23
    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) 2020 (b) 2019 (c) 2018 (d) 2017
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		393,626 441,489 403,444 337,962 1,576,521
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		393,626 441,489 403,444 337,962 1,576,521
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 3,532,559 3,564,780 3,824,492 3,813,692 14,735,523
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 3,532,559 3,564,780 3,824,492 3,813,692 14,735,523
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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).)
    ROBERT M BALENTINE
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    UNIVERSITY OF GEORGIA
    1 PRESS PL
    ATHENS,GA30602     		N/A 501(C)(3) GENERAL SUPPORT 7,000
    Total .................................bullet 3a 7,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		         
    4 Dividends and interest from securities....     14 5  
    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 ............     		    18 800  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aADMISSIONS AND SALES     		    03 39,471  
    bSPONSORSHIP     42 14,776  
    cEDUCATION     06 300  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 55,352 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    55,352
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    SOUTHERN HIGHLANDS RESERVE INC
    C/O ROBERT BALENTINE JR
    Employer identification number

    20-0212113
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    SOUTHERN HIGHLANDS RESERVE INC
    C/O ROBERT BALENTINE JR         		Employer identification number
    20-0212113
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ROBERT M BALENTINE
    2624 HABERSHAM ROAD
     
    ATLANTA, GA30305

    		$ 76,561


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DECHOMAI FOUNDATION
     
    3713 PINE ST
     
    JACKSONVILLE, FL32205

    		$ 180,692


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    SOUTHERN HIGHLANDS RESERVE INC
    C/O ROBERT BALENTINE JR         		Employer identification number

    20-0212113
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    SOUTHERN HIGHLANDS RESERVE INC
    C/O ROBERT BALENTINE JR         		Employer identification number

    20-0212113
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,577 0 0 8,577

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

    TY 2020 DepreciationSchedule
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    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
    DELL PC 2005-05-17 1,634 1,634 SL 10.000000000000 0 0 0  
    DELL PC 2005-05-17 2,465 2,465 SL 10.000000000000 0 0 0  
    EPSON 4000 PRINTER 2005-04-12 2,140 2,140 SL 10.000000000000 0 0 0  
    DELL PC 2007-01-01 2,053 2,050 SL 10.000000000000 0 0 0  
    POWELL BROS TRACTOR 2003-12-29 27,730 27,730 SL 10.000000000000 0 0 0  
    POWELL BROS TRACTOR 2004-01-27 5,200 5,200 SL 10.000000000000 0 0 0  
    H&H FARM MACHINE 200 GAL 2004-03-05 4,437 4,437 SL 10.000000000000 0 0 0  
    POWELL BROS TRACTOR 2004-03-15 8,175 8,175 SL 10.000000000000 0 0 0  
    POWELL BROS TRACTOR 2004-05-13 2,918 2,918 SL 10.000000000000 0 0 0  
    WEEDEATERS (2) 2004-05-31 1,027 1,027 SL 10.000000000000 0 0 0  
    TRACTOR SUPPLY (2) FUEL TANKS 2004-06-22 1,133 1,133 SL 10.000000000000 0 0 0  
    TC48 TRACTOR 2004-09-06 6,466 6,466 SL 10.000000000000 0 0 0  
    FLAIL MOWER 2007-12-05 4,173 4,173 SL 10.000000000000 0 0 0  
    FURNITURE & FIXTURES 2006-06-30 61,324 61,324 SL 10.000000000000 0 0 0  
    LIZA BRYAN INTERIORS 2007-10-01 163,132 163,132 SL 10.000000000000 0 0 0  
    FURNITURE - BRUNK AUCTIONS 2007-06-30 19,004 19,000 SL 10.000000000000 0 0 0  
    PAINTINGS 2007-07-31 500 500 SL 10.000000000000 0 0 0  
    PAINTING 2007-08-31 500 500 SL 10.000000000000 0 0 0  
    FURNITURE - SOTHEBY'S 2007-11-30 206,000 206,000 SL 10.000000000000 0 0 0  
    LAND IMPROVEMENTS - POND 2003-10-31 273,380 222,121 SL 20.000000000000 13,669 0 13,669  
    LAND IMPROVEMENTS - PARK 2003-10-31 34,966 28,406 SL 20.000000000000 1,748 0 1,748  
    LAND IMPROVEMENTS - PLANTS 2004-06-30 55,897 43,555 SL 20.000000000000 2,795 0 2,795  
    LAND IMPROVEMENTS - ROCK WORK 2004-07-30 1,823 1,411 SL 20.000000000000 91 0 91  
    LAND IMPROVEMENTS - TREE WORK 2004-04-30 33,530 26,411 SL 20.000000000000 1,677 0 1,677  
    LAND IMPROVEMENTS - IRRIGATION 2004-07-01 39,426 30,551 SL 20.000000000000 1,971 0 1,971  
    LAND IMPROVEMENTS - POND PATHS 2004-08-06 25,000 19,271 SL 20.000000000000 1,250 0 1,250  
    LAND IMPROVEMENTS - POND VIEW SITE 2004-06-30 63,147 49,198 SL 20.000000000000 3,157 0 3,157  
    LAND IMPROVEMENTS - ENTRANCE ROAD 2004-12-07 26,450 19,954 SL 20.000000000000 1,323 0 1,323  
    LAND IMPROVEMENTS - UTILITY AREA/WELLHOUSE 2004-09-07 1,500 1,150 SL 20.000000000000 75 0 75  
    LAND IMPROVEMENTS - CORE PARK 2004-07-01 30,184 23,390 SL 20.000000000000 1,509 0 1,509  
    LAND IMPROVEMENTS - POND 2004-06-30 120,935 94,232 SL 20.000000000000 6,047 0 6,047  
    LAND IMPROVEMENTS - PLANTS & TREE WORK 2005-06-30 80,928 59,005 SL 20.000000000000 4,046 0 4,046  
    LAND IMPROVEMENTS - POND PATHS/VIEW SITE 2005-06-30 5,940 4,331 SL 20.000000000000 297 0 297  
    CORE PARK 2005-06-30 104,303 76,052 SL 20.000000000000 5,215 0 5,215  
    LAND IMPROVEMENTS - LABYRINTHS 2005-06-30 86,345 62,957 SL 20.000000000000 4,317 0 4,317  
    LAND IMPROVEMENTS - GRASSY BALD 2005-06-30 23,000 16,771 SL 20.000000000000 1,150 0 1,150  
    LAND IMPROVEMENTS - WATERFALLS 2005-06-30 18,550 13,533 SL 20.000000000000 928 0 928  
    LAND IMPROVEMENTS - ENTRANCE ROAD 2005-06-30 3,432 2,508 SL 20.000000000000 172 0 172  
    WATERFALL/CLIFF AREA 2006-06-30 24,215 16,449 SL 20.000000000000 1,211 0 1,211  
    GRASSY BALD LAND IMPROVEMENTS 2006-06-30 4,100 2,785 SL 20.000000000000 205 0 205  
    CORE PARK LAND IMPROVEMENTS 2006-06-30 143,427 97,406 SL 20.000000000000 7,171 0 7,171  
    ENTRANCE ROAD IMPROVEMENTS 2006-06-30 155,369 105,516 SL 20.000000000000 7,768 0 7,768  
    LAND IMPROVEMENTS - MISC 2006-06-30 25,000 16,979 SL 20.000000000000 1,250 0 1,250  
    BOULDER WORK 2007-09-15 26,500 16,342 SL 20.000000000000 1,325 0 1,325  
    BOULDER WORK 2007-10-11 25,000 15,313 SL 20.000000000000 1,250 0 1,250  
    BOULDER WORK 2007-11-08 15,000 9,125 SL 20.000000000000 750 0 750  
    LAND IMPROVEMENTS - WATER SYSTEM 2007-07-02 24,077 15,050 SL 20.000000000000 1,204 0 1,204  
    LAND IMPROVEMENTS - WATER SYSTEM 2007-07-03 23,166 14,475 SL 20.000000000000 1,158 0 1,158  
    LAND IMPROVEMENTS - WATER SYSTEM/WELLHOUSE 2007-08-03 17,676 10,976 SL 20.000000000000 884 0 884  
    LANDSCAPING - PLANTS 2007-05-31 22,575 14,206 SL 20.000000000000 1,129 0 1,129  
    LAUREL WOODS TRAIL 2007-07-31 11,247 6,978 SL 20.000000000000 562 0 562  
    VARIOUS LANDSCAPING 2007-05-31 46,816 29,457 SL 20.000000000000 2,341 0 2,341  
    BUILDING (BARN) 2004-09-30 193,569 74,198 SL 40.000000000000 4,839 0 4,839  
    BUILDING (LUMBER) 2004-06-21 25,000 9,740 SL 40.000000000000 625 0 625  
    BUILDING (BARN) CONSTRUCTION 2006-05-10 260,866 89,134 SL 40.000000000000 6,522 0 6,522  
    BARN 2006-06-30 43,000 14,602 SL 40.000000000000 1,075 0 1,075  
    C&E REMODELING 2006-06-30 828,904 281,487 SL 40.000000000000 20,723 0 20,723  
    BARN (R. BALENTINE) 2006-06-30 18,000 6,113 SL 40.000000000000 450 0 450  
    C&E REMODELING 2007-05-31 1,801,584 566,753 SL 40.000000000000 45,040 0 45,040  
    FIREPLACE ROCK SCULPTURE 2007-05-10 35,000 35,000 SL 10.000000000000 0 0 0  
    JOHN JOHNSON FORD 2003-12-09 21,586 21,586 SL 10.000000000000 0 0 0  
    C&E REMODELING 2008-06-30 855,054 245,824 SL 40.000000000000 21,376 0 21,376  
    LANDSCAPING 2008-06-30 93,809 53,935 SL 20.000000000000 4,690 0 4,690  
    DRILL WELL 2008-03-07 10,420 6,165 SL 20.000000000000 521 0 521  
    MOTOR COURT 2008-04-03 10,000 5,875 SL 20.000000000000 500 0 500  
    MATERIALS - BOULDER WORK 2008-06-30 23,000 13,225 SL 20.000000000000 1,150 0 1,150  
    LAUREL WOODS TRAIL 2008-06-30 11,000 6,325 SL 20.000000000000 550 0 550  
    ENTRANCE ROAD IMPROVEMENTS 2008-06-30 19,426 11,167 SL 20.000000000000 971 0 971  
    TREE WORK 2008-06-30 28,955 16,652 SL 20.000000000000 1,448 0 1,448  
    FURNITURE - LIZA BRYAN INTERIORS 2008-06-30 315,612 315,612 SL 10.000000000000 0 0 0  
    CALHOUN DESIGN - STAIR RAILS 2008-06-18 4,650 4,650 SL 10.000000000000 0 0 0  
    EQUIPMENT 2008-06-30 8,360 8,360 SL 10.000000000000 0 0 0  
    OFFICE CHAIRS 2008-06-30 1,260 1,260 SL 10.000000000000 0 0 0  
    CALHOUN DESIGN 2008-11-19 5,050 5,050 SL 10.000000000000 0 0 0  
    KAWASAKI MULE 2008-05-12 9,472 9,472 SL 10.000000000000 0 0 0  
    GOLF CART 2008-05-19 2,776 2,776 SL 10.000000000000 0 0 0  
    COMPUTER EQUIPMENT 2008-06-30 41,473 41,473 SL 10.000000000000 0 0 0  
    SECURITY SYSTEM 2009-03-27 6,764 6,760 SL 10.000000000000 0 0 0  
    C&E REMODELING 2009-06-30 8,733 8,733 SL 10.000000000000 0 0 0  
    SHED 2009-09-22 14,535 14,535 SL 10.000000000000 0 0 0  
    AUDIO SYSTEM 2009-02-05 2,262 2,262 SL 10.000000000000 0 0 0  
    FURNISHINGS 2009-03-05 1,420 1,420 SL 10.000000000000 0 0 0  
    APPALACHIAN GOLF CART 2014-03-11 4,163 2,427 SL 10.000000000000 416 0 416  
    DAL-KAWA CYCLE 2014-06-21 10,018 5,511 SL 10.000000000000 1,002 0 1,002  
    GREEN HOUSE CAPITAL IMPROVEMENTS 2014-07-15 5,010 688 SL 40.000000000000 125 0 125  
    C&E REMODELING 2014-12-11 7,173 3,645 SL 10.000000000000 717 0 717  
    FROG SCULPTURE 2015-11-05 4,000 1,667 SL 10.000000000000 400 0 400  
    DIGITAL PLANT DATABASE 2017-12-22 23,690 4,738 SL 10.000000000000 2,369 0 2,369  
    LAND IMPROVEMENTS - BOARDWALK 2017-05-05 7,550 1,008 SL 20.000000000000 378 0 378  
    DAL-KAWA CYCLE 2018-07-24 11,011 1,560 SL 10.000000000000 1,101 0 1,101  
    GRUNDO 2HP PUMP AND INSTALLATION 2018-04-23 6,180 1,030 SL 10.000000000000 618 0 618  
    LAND IMPROVEMENTS - BOARDWALK 2018-10-12 19,375 1,211 SL 20.000000000000 969 0 969  
    LAND IMPROVEMENTS - DECK 2018-08-15 20,810 2,948 SL 10.000000000000 2,081 0 2,081  
    2020 CARRYALL 500 GLOF CART 2019-12-11 11,547 96 SL 10.000000000000 1,155 0 1,155  
    LAND IMPROVEMENTS - BARK AND INSTALL 2019-10-04 28,800 360 SL 20.000000000000 1,440 0 1,440  
    NEW DECK SPACE 2019-09-10 25,468 424 SL 20.000000000000 1,273 0 1,273  
    C&E REMODELING 2019-10-31 21,854 182 SL 20.000000000000 1,093 0 1,093  

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    TRAILER   PURCHASED 2020-12   800   COST 0 800  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NATIVE AMERICAN ARTIFACTS AT COST 77,500 77,500
    HAMISH MACKIE SCULPTURE AT COST 38,203 38,203

    TY 2020 LandEtcSchedule2
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DELL PC 1,634 1,634 0  
    DELL PC 2,465 2,465 0  
    EPSON 4000 PRINTER 2,140 2,140 0  
    DELL PC 2,053 2,050 3  
    POWELL BROS TRACTOR 27,730 27,730 0  
    POWELL BROS TRACTOR 5,200 5,200 0  
    H&H FARM MACHINE 200 GAL 4,437 4,437 0  
    POWELL BROS TRACTOR 8,175 8,175 0  
    POWELL BROS TRACTOR 2,918 2,918 0  
    WEEDEATERS (2) 1,027 1,027 0  
    TRACTOR SUPPLY (2) FUEL TANKS 1,133 1,133 0  
    TC48 TRACTOR 6,466 6,466 0  
    FLAIL MOWER 4,173 4,173 0  
    FURNITURE & FIXTURES 61,324 61,324 0  
    LIZA BRYAN INTERIORS 163,132 163,132 0  
    FURNITURE - BRUNK AUCTIONS 19,004 19,000 4  
    PAINTINGS 500 500 0  
    PAINTING 500 500 0  
    FURNITURE - SOTHEBY'S 206,000 206,000 0  
    LAND IMPROVEMENTS - POND 273,380 235,790 37,590  
    LAND IMPROVEMENTS - PARK 34,966 30,154 4,812  
    LAND IMPROVEMENTS - PLANTS 55,897 46,350 9,547  
    LAND IMPROVEMENTS - ROCK WORK 1,823 1,502 321  
    LAND IMPROVEMENTS - TREE WORK 33,530 28,088 5,442  
    LAND IMPROVEMENTS - IRRIGATION 39,426 32,522 6,904  
    LAND IMPROVEMENTS - POND PATHS 25,000 20,521 4,479  
    LAND IMPROVEMENTS - POND VIEW SITE 63,147 52,355 10,792  
    LAND IMPROVEMENTS - ENTRANCE ROAD 26,450 21,277 5,173  
    LAND IMPROVEMENTS - UTILITY AREA/WELLHOUSE 1,500 1,225 275  
    LAND IMPROVEMENTS - CORE PARK 30,184 24,899 5,285  
    LAND IMPROVEMENTS - POND 120,935 100,279 20,656  
    LAND IMPROVEMENTS - PLANTS & TREE WORK 80,928 63,051 17,877  
    LAND IMPROVEMENTS - POND PATHS/VIEW SITE 5,940 4,628 1,312  
    CORE PARK 104,303 81,267 23,036  
    LAND IMPROVEMENTS - LABYRINTHS 86,345 67,274 19,071  
    LAND IMPROVEMENTS - GRASSY BALD 23,000 17,921 5,079  
    LAND IMPROVEMENTS - WATERFALLS 18,550 14,461 4,089  
    LAND IMPROVEMENTS - ENTRANCE ROAD 3,432 2,680 752  
    WATERFALL/CLIFF AREA 24,215 17,660 6,555  
    GRASSY BALD LAND IMPROVEMENTS 4,100 2,990 1,110  
    CORE PARK LAND IMPROVEMENTS 143,427 104,577 38,850  
    ENTRANCE ROAD IMPROVEMENTS 155,369 113,284 42,085  
    LAND IMPROVEMENTS - MISC 25,000 18,229 6,771  
    BOULDER WORK 26,500 17,667 8,833  
    BOULDER WORK 25,000 16,563 8,437  
    BOULDER WORK 15,000 9,875 5,125  
    LAND IMPROVEMENTS - WATER SYSTEM 24,077 16,254 7,823  
    LAND IMPROVEMENTS - WATER SYSTEM 23,166 15,633 7,533  
    LAND IMPROVEMENTS - WATER SYSTEM/WELLHOUSE 17,676 11,860 5,816  
    LANDSCAPING - PLANTS 22,575 15,335 7,240  
    LAUREL WOODS TRAIL 11,247 7,540 3,707  
    VARIOUS LANDSCAPING 46,816 31,798 15,018  
    BUILDING (BARN) 193,569 79,037 114,532  
    BUILDING (LUMBER) 25,000 10,365 14,635  
    BUILDING (BARN) CONSTRUCTION 260,866 95,656 165,210  
    BARN 43,000 15,677 27,323  
    C&E REMODELING 828,904 302,210 526,694  
    BARN (R. BALENTINE) 18,000 6,563 11,437  
    C&E REMODELING 1,801,584 611,793 1,189,791  
    FIREPLACE ROCK SCULPTURE 35,000 35,000 0  
    JOHN JOHNSON FORD 21,586 21,586 0  
    C&E REMODELING 855,054 267,200 587,854  
    LANDSCAPING 93,809 58,625 35,184  
    DRILL WELL 10,420 6,686 3,734  
    MOTOR COURT 10,000 6,375 3,625  
    MATERIALS - BOULDER WORK 23,000 14,375 8,625  
    LAUREL WOODS TRAIL 11,000 6,875 4,125  
    ENTRANCE ROAD IMPROVEMENTS 19,426 12,138 7,288  
    TREE WORK 28,955 18,100 10,855  
    FURNITURE - LIZA BRYAN INTERIORS 315,612 315,612 0  
    CALHOUN DESIGN - STAIR RAILS 4,650 4,650 0  
    EQUIPMENT 8,360 8,360 0  
    OFFICE CHAIRS 1,260 1,260 0  
    CALHOUN DESIGN 5,050 5,050 0  
    KAWASAKI MULE 9,472 9,472 0  
    GOLF CART 2,776 2,776 0  
    COMPUTER EQUIPMENT 41,473 41,473 0  
    SECURITY SYSTEM 6,764 6,760 4  
    C&E REMODELING 8,733 8,733 0  
    SHED 14,535 14,535 0  
    AUDIO SYSTEM 2,262 2,262 0  
    FURNISHINGS 1,420 1,420 0  
    APPALACHIAN GOLF CART 4,163 2,843 1,320  
    DAL-KAWA CYCLE 10,018 6,513 3,505  
    GREEN HOUSE CAPITAL IMPROVEMENTS 5,010 813 4,197  
    C&E REMODELING 7,173 4,362 2,811  
    FROG SCULPTURE 4,000 2,067 1,933  
    DIGITAL PLANT DATABASE 23,690 7,107 16,583  
    LAND IMPROVEMENTS - BOARDWALK 7,550 1,386 6,164  
    DAL-KAWA CYCLE 11,011 2,661 8,350  
    GRUNDO 2HP PUMP AND INSTALLATION 6,180 1,648 4,532  
    LAND IMPROVEMENTS - BOARDWALK 19,375 2,180 17,195  
    LAND IMPROVEMENTS - DECK 20,810 5,029 15,781  
    2020 CARRYALL 500 GLOF CART 11,547 1,251 10,296  
    LAND IMPROVEMENTS - BARK AND INSTALL 28,800 1,800 27,000  
    NEW DECK SPACE 25,468 1,697 23,771  
    C&E REMODELING 21,854 1,275 20,579  


    TY 2020 OtherAssetsSchedule
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM BALENTINE 0 5,135 5,135


    TY 2020 OtherExpensesSchedule
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTO EXPENSE 8,573 0 0 8,573
    COMPUTER SUPPLIES/EXPENSE 12,397 0 0 12,397
    DUES AND SUBSCRIPTIONS 540 0 0 540
    INSURANCE 18,500 0 0 18,500
    LEASE EXPENSE 400 0 0 400
    MATERIALS 582 0 0 582
    OFFICE EXPENSES 11,244 0 0 11,244
    REPAIRS/MAINTENANCE 73,718 0 0 73,718
    STAFF EDUCATION/MEALS 4,454 0 0 4,454
    UTILITIES 2,121 0 0 2,121
    BANK CHARGES 1,301 0 0 1,301


    TY 2020 OtherIncomeSchedule2
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADMISSIONS AND SALES 39,471   39,471
    SPONSORSHIP 14,776   14,776
    EDUCATION 300   300


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARD PAYABLE 3,879 1,664
    PAYROLL TAXES PAYABLE 1,207 1,805


    TY 2020 SubstantialContributorsSch
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Name Address
    ROBERT M BALENTINE 558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747


    TY 2020 TaxesSchedule
    Name:
    SOUTHERN HIGHLANDS RESERVE INC
     
    C/O ROBERT BALENTINE JR
    EIN:
    20-0212113
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 17,890 0 0 17,890
    PROPERTY TAXES 11,642 0 0 11,642
    TAXES AND LICENSES 201 0 0 178