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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
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$4,121,310J 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) 1,218,520
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4 4 4
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
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 44,004 0 44,004
12 Total. Add lines 1 through 11........ 1,262,528 4 44,008
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 97,966 0 0 97,966
14 Other employee salaries and wages...... 104,847 0 0 104,847
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 10,714 0 0 10,714
c Other professional fees (attach schedule).... Click to see attachment 6,471 0 0 6,471
17 Interest............... 28 0 0 28
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,220 0 0 28,220
19 Depreciation (attach schedule) and depletion... Click to see attachment 212,734 0 212,734
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,179 0 0 3,179
22 Printing and publications.......... 584 0 0 584
23 Other expenses (attach schedule)....... Click to see attachment 154,142 0 0 151,142
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 618,885 0 212,734 403,151
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 618,885 0 212,734 403,151
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 643,643
b Net investment income (if negative, enter -0-) 4
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 189,391 595,113 595,113
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..........   9,469 9,469
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 attachment251,799 251,799
14 Land, buildings, and equipment: basis bullet7,273,272
Less: accumulated depreciation (attach schedule) bullet4,011,503 3,222,335 Click to see attachment3,261,769 3,261,769
15 Other assets (describe bullet) Click to see attachment5,135 Click to see attachment3,160 Click to see attachment3,160
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,532,564 4,121,310 4,121,310
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)...... 206,900 150,000
22 Other liabilities (describe bullet) Click to see attachment3,469 Click to see attachment5,472
23 Total liabilities (add lines 17 through 22)......... 210,369 155,472
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 3,322,195 3,965,838
29 Total net assets or fund balances (see instructions)..... 3,322,195 3,965,838
30 Total liabilities and net assets/fund balances (see instructions). 3,532,564 4,121,310
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
3,322,195
2
Enter amount from Part I, line 27a .....................
2
643,643
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,965,838
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
3,965,838
Form 990-PF (2021)
Form 990-PF (2021)
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2021 estimated tax payments and 2020 overpayment credited to 2021 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 2022 estimated taxBullet   RefundedBullet 11  
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    ELIZABETH G BALENTINE SECRETARY
    5.00     		0 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
    ROBERT M BALENTINE PRESIDENT/TREASURER
    10.00     		0 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    KELLY M HOLDBROOKS EXECUTIVE DIRECTOR
    40.00     		97,966 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
    JAMES E KIMBREL DIRECTOR OF HORTICUL
    40.00     		55,000 0 0
    558 SUMMIT RIDGE ROAD
    LAKE TOXAWAY,NC28747
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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. 403,151
    2  
    3  
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    60,720
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    60,720
    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
    60,720
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    911
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    59,809
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,990
    Part X
    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 IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    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 XII, line 1 ...
    7
     
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, 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 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
    0 0 0 0 0
    b 85% (0.85) of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		655,319 393,626 441,489 403,444 1,893,878
    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 ....     		655,319 393,626 441,489 403,444 1,893,878
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 4,111,841 3,532,559 3,564,780 3,824,492 15,033,672
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 4,111,841 3,532,559 3,564,780 3,824,492 15,033,672
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, 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 XIV
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aADMISSIONS AND SALES     		    03 24,915  
    bSPONSORSHIP     42 18,439  
    cEDUCATION     06 650  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 44,008 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    44,008
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    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) (2021)
    Schedule B (Form 990) (2021) 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

    		$ 1,126,295


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    ROBERT M BALENTINE
    2624 HABERSHAM ROAD
     
    ATLANTA, GA30305

    		$ 3,000


    (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) (2021)
    Schedule B (Form 990) (2021)
    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
    2
    		 IN-KIND CONTRIBUTIONS $ 3,000 2021-12-31
    (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) (2021)
    Schedule B (Form 990) (2021)
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 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 10,714 0 0 10,714

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

    TY 2021 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 2003-10-31 273,380 235,790 SL 20.000000000000 13,669 0 13,669  
    LAND IMPROVEMENTS - PARK 2003-10-31 34,966 30,154 SL 20.000000000000 1,748 0 1,748  
    LAND IMPROVEMENTS - PLANTS 2004-06-30 55,897 46,350 SL 20.000000000000 2,795 0 2,795  
    LAND IMPROVEMENTS - ROCK WORK 2004-07-30 1,823 1,502 SL 20.000000000000 91 0 91  
    LAND IMPROVEMENTS - TREE WORK 2004-04-30 33,530 28,088 SL 20.000000000000 1,677 0 1,677  
    LAND IMPROVEMENTS - IRRIGATION 2004-07-01 39,426 32,522 SL 20.000000000000 1,971 0 1,971  
    LAND IMPROVEMENTS - POND PATHS 2004-08-06 25,000 20,521 SL 20.000000000000 1,250 0 1,250  
    LAND IMPROVEMENTS - POND VIEW SITE 2004-06-30 63,147 52,355 SL 20.000000000000 3,157 0 3,157  
    LAND IMPROVEMENTS - ENTRANCE ROAD 2004-12-07 26,450 21,277 SL 20.000000000000 1,323 0 1,323  
    LAND IMPROVEMENTS - UTILITY AREA/WELLHOUSE 2004-09-07 1,500 1,225 SL 20.000000000000 75 0 75  
    LAND IMPROVEMENTS - CORE PARK 2004-07-01 30,184 24,899 SL 20.000000000000 1,509 0 1,509  
    LAND IMPROVEMENTS - POND 2004-06-30 120,935 100,279 SL 20.000000000000 6,047 0 6,047  
    LAND IMPROVEMENTS - PLANTS & TREE WORK 2005-06-30 80,928 63,051 SL 20.000000000000 4,046 0 4,046  
    LAND IMPROVEMENTS - POND PATHS/VIEW SITE 2005-06-30 5,940 4,628 SL 20.000000000000 297 0 297  
    CORE PARK 2005-06-30 104,303 81,267 SL 20.000000000000 5,215 0 5,215  
    LAND IMPROVEMENTS - LABYRINTHS 2005-06-30 86,345 67,274 SL 20.000000000000 4,317 0 4,317  
    LAND IMPROVEMENTS - GRASSY BALD 2005-06-30 23,000 17,921 SL 20.000000000000 1,150 0 1,150  
    LAND IMPROVEMENTS - WATERFALLS 2005-06-30 18,550 14,461 SL 20.000000000000 928 0 928  
    LAND IMPROVEMENTS - ENTRANCE ROAD 2005-06-30 3,432 2,680 SL 20.000000000000 172 0 172  
    WATERFALL/CLIFF AREA 2006-06-30 24,215 17,660 SL 20.000000000000 1,211 0 1,211  
    GRASSY BALD LAND IMPROVEMENTS 2006-06-30 4,100 2,990 SL 20.000000000000 205 0 205  
    CORE PARK LAND IMPROVEMENTS 2006-06-30 143,427 104,577 SL 20.000000000000 7,171 0 7,171  
    ENTRANCE ROAD IMPROVEMENTS 2006-06-30 155,369 113,284 SL 20.000000000000 7,768 0 7,768  
    LAND IMPROVEMENTS - MISC 2006-06-30 25,000 18,229 SL 20.000000000000 1,250 0 1,250  
    BOULDER WORK 2007-09-15 26,500 17,667 SL 20.000000000000 1,325 0 1,325  
    BOULDER WORK 2007-10-11 25,000 16,563 SL 20.000000000000 1,250 0 1,250  
    BOULDER WORK 2007-11-08 15,000 9,875 SL 20.000000000000 750 0 750  
    LAND IMPROVEMENTS - WATER SYSTEM 2007-07-02 24,077 16,254 SL 20.000000000000 1,204 0 1,204  
    LAND IMPROVEMENTS - WATER SYSTEM 2007-07-03 23,166 15,633 SL 20.000000000000 1,158 0 1,158  
    LAND IMPROVEMENTS - WATER SYSTEM/WELLHOUSE 2007-08-03 17,676 11,860 SL 20.000000000000 884 0 884  
    LANDSCAPING - PLANTS 2007-05-31 22,575 15,335 SL 20.000000000000 1,129 0 1,129  
    LAUREL WOODS TRAIL 2007-07-31 11,247 7,540 SL 20.000000000000 562 0 562  
    VARIOUS LANDSCAPING 2007-05-31 46,816 31,798 SL 20.000000000000 2,341 0 2,341  
    BUILDING (BARN) 2004-09-30 193,569 79,037 SL 40.000000000000 4,839 0 4,839  
    BUILDING (LUMBER) 2004-06-21 25,000 10,365 SL 40.000000000000 625 0 625  
    BUILDING (BARN) CONSTRUCTION 2006-05-10 260,866 95,656 SL 40.000000000000 6,522 0 6,522  
    BARN 2006-06-30 43,000 15,677 SL 40.000000000000 1,075 0 1,075  
    C&E REMODELING 2006-06-30 828,904 302,210 SL 40.000000000000 20,723 0 20,723  
    BARN (R. BALENTINE) 2006-06-30 18,000 6,563 SL 40.000000000000 450 0 450  
    C&E REMODELING 2007-05-31 1,801,584 611,793 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 2008-06-30 855,054 267,200 SL 40.000000000000 21,376 0 21,376  
    LANDSCAPING 2008-06-30 93,809 58,625 SL 20.000000000000 4,690 0 4,690  
    DRILL WELL 2008-03-07 10,420 6,686 SL 20.000000000000 521 0 521  
    MOTOR COURT 2008-04-03 10,000 6,375 SL 20.000000000000 500 0 500  
    MATERIALS - BOULDER WORK 2008-06-30 23,000 14,375 SL 20.000000000000 1,150 0 1,150  
    LAUREL WOODS TRAIL 2008-06-30 11,000 6,875 SL 20.000000000000 550 0 550  
    ENTRANCE ROAD IMPROVEMENTS 2008-06-30 19,426 12,138 SL 20.000000000000 971 0 971  
    TREE WORK 2008-06-30 28,955 18,100 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 2,843 SL 10.000000000000 416 0 416  
    DAL-KAWA CYCLE 2014-06-21 10,018 6,513 SL 10.000000000000 1,002 0 1,002  
    GREEN HOUSE CAPITAL IMPROVEMENTS 2014-07-15 5,010 813 SL 40.000000000000 125 0 125  
    C&E REMODELING 2014-12-11 7,173 4,362 SL 10.000000000000 717 0 717  
    FROG SCULPTURE 2015-11-05 4,000 2,067 SL 10.000000000000 400 0 400  
    DIGITAL PLANT DATABASE 2017-12-22 23,690 7,107 SL 10.000000000000 2,369 0 2,369  
    LAND IMPROVEMENTS - BOARDWALK 2017-05-05 7,550 1,386 SL 20.000000000000 378 0 378  
    DAL-KAWA CYCLE 2018-07-24 11,011 2,661 SL 10.000000000000 1,101 0 1,101  
    GRUNDO 2HP PUMP AND INSTALLATION 2018-04-23 6,180 1,648 SL 10.000000000000 618 0 618  
    LAND IMPROVEMENTS - BOARDWALK 2018-10-12 19,375 2,180 SL 20.000000000000 969 0 969  
    LAND IMPROVEMENTS - DECK 2018-08-15 20,810 5,029 SL 10.000000000000 2,081 0 2,081  
    2020 CARRYALL 500 GLOF CART 2019-12-11 11,547 1,251 SL 10.000000000000 1,155 0 1,155  
    LAND IMPROVEMENTS - BARK AND INSTALL 2019-10-04 28,800 1,800 SL 20.000000000000 1,440 0 1,440  
    NEW DECK SPACE 2019-09-10 25,468 1,697 SL 20.000000000000 1,273 0 1,273  
    C&E REMODELING 2019-10-31 21,854 1,275 SL 20.000000000000 1,093 0 1,093  
    AUDIO SYSTEM 2021-04-27 9,667   SL 10.000000000000 644 0 644  
    INTERNET SYSTEM 2021-04-13 15,313   SL 10.000000000000 1,148 0 1,148  
    LAND IMPROVEMENTS 2021-07-01 227,188   SL 20.000000000000 5,680 0 5,680  

    TY 2021 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
    HAMISH MACKIE ARTWORK AT COST 136,096 136,096

    TY 2021 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 273,380 249,459 23,921  
    LAND IMPROVEMENTS - PARK 34,966 31,902 3,064  
    LAND IMPROVEMENTS - PLANTS 55,897 49,145 6,752  
    LAND IMPROVEMENTS - ROCK WORK 1,823 1,593 230  
    LAND IMPROVEMENTS - TREE WORK 33,530 29,765 3,765  
    LAND IMPROVEMENTS - IRRIGATION 39,426 34,493 4,933  
    LAND IMPROVEMENTS - POND PATHS 25,000 21,771 3,229  
    LAND IMPROVEMENTS - POND VIEW SITE 63,147 55,512 7,635  
    LAND IMPROVEMENTS - ENTRANCE ROAD 26,450 22,600 3,850  
    LAND IMPROVEMENTS - UTILITY AREA/WELLHOUSE 1,500 1,300 200  
    LAND IMPROVEMENTS - CORE PARK 30,184 26,408 3,776  
    LAND IMPROVEMENTS - POND 120,935 106,326 14,609  
    LAND IMPROVEMENTS - PLANTS & TREE WORK 80,928 67,097 13,831  
    LAND IMPROVEMENTS - POND PATHS/VIEW SITE 5,940 4,925 1,015  
    CORE PARK 104,303 86,482 17,821  
    LAND IMPROVEMENTS - LABYRINTHS 86,345 71,591 14,754  
    LAND IMPROVEMENTS - GRASSY BALD 23,000 19,071 3,929  
    LAND IMPROVEMENTS - WATERFALLS 18,550 15,389 3,161  
    LAND IMPROVEMENTS - ENTRANCE ROAD 3,432 2,852 580  
    WATERFALL/CLIFF AREA 24,215 18,871 5,344  
    GRASSY BALD LAND IMPROVEMENTS 4,100 3,195 905  
    CORE PARK LAND IMPROVEMENTS 143,427 111,748 31,679  
    ENTRANCE ROAD IMPROVEMENTS 155,369 121,052 34,317  
    LAND IMPROVEMENTS - MISC 25,000 19,479 5,521  
    BOULDER WORK 26,500 18,992 7,508  
    BOULDER WORK 25,000 17,813 7,187  
    BOULDER WORK 15,000 10,625 4,375  
    LAND IMPROVEMENTS - WATER SYSTEM 24,077 17,458 6,619  
    LAND IMPROVEMENTS - WATER SYSTEM 23,166 16,791 6,375  
    LAND IMPROVEMENTS - WATER SYSTEM/WELLHOUSE 17,676 12,744 4,932  
    LANDSCAPING - PLANTS 22,575 16,464 6,111  
    LAUREL WOODS TRAIL 11,247 8,102 3,145  
    VARIOUS LANDSCAPING 46,816 34,139 12,677  
    BUILDING (BARN) 193,569 83,876 109,693  
    BUILDING (LUMBER) 25,000 10,990 14,010  
    BUILDING (BARN) CONSTRUCTION 260,866 102,178 158,688  
    BARN 43,000 16,752 26,248  
    C&E REMODELING 828,904 322,933 505,971  
    BARN (R. BALENTINE) 18,000 7,013 10,987  
    C&E REMODELING 1,801,584 656,833 1,144,751  
    FIREPLACE ROCK SCULPTURE 35,000 35,000 0  
    JOHN JOHNSON FORD 21,586 21,586 0  
    C&E REMODELING 855,054 288,576 566,478  
    LANDSCAPING 93,809 63,315 30,494  
    DRILL WELL 10,420 7,207 3,213  
    MOTOR COURT 10,000 6,875 3,125  
    MATERIALS - BOULDER WORK 23,000 15,525 7,475  
    LAUREL WOODS TRAIL 11,000 7,425 3,575  
    ENTRANCE ROAD IMPROVEMENTS 19,426 13,109 6,317  
    TREE WORK 28,955 19,548 9,407  
    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 3,259 904  
    DAL-KAWA CYCLE 10,018 7,515 2,503  
    GREEN HOUSE CAPITAL IMPROVEMENTS 5,010 938 4,072  
    C&E REMODELING 7,173 5,079 2,094  
    FROG SCULPTURE 4,000 2,467 1,533  
    DIGITAL PLANT DATABASE 23,690 9,476 14,214  
    LAND IMPROVEMENTS - BOARDWALK 7,550 1,764 5,786  
    DAL-KAWA CYCLE 11,011 3,762 7,249  
    GRUNDO 2HP PUMP AND INSTALLATION 6,180 2,266 3,914  
    LAND IMPROVEMENTS - BOARDWALK 19,375 3,149 16,226  
    LAND IMPROVEMENTS - DECK 20,810 7,110 13,700  
    2020 CARRYALL 500 GLOF CART 11,547 2,406 9,141  
    LAND IMPROVEMENTS - BARK AND INSTALL 28,800 3,240 25,560  
    NEW DECK SPACE 25,468 2,970 22,498  
    C&E REMODELING 21,854 2,368 19,486  
    AUDIO SYSTEM 9,667 644 9,023  
    INTERNET SYSTEM 15,313 1,148 14,165  
    LAND IMPROVEMENTS 227,188 5,680 221,508  


    TY 2021 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 5,135 3,160 3,160


    TY 2021 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 5,214 0 0 5,214
    BANK CHARGES 522 0 0 522
    COMPUTER SUPPLIES/EXPENSE 8,411 0 0 8,411
    DUES AND SUBSCRIPTIONS 1,378 0 0 1,378
    INSURANCE 27,090 0 0 25,836
    LEASE EXPENSE 400 0 0 400
    MATERIALS 3,503 0 0 3,503
    OFFICE EXPENSES 11,278 0 0 9,532
    PENALTIES & FINES 56 0 0 56
    REPAIRS/MAINTENANCE 90,733 0 0 90,733
    STAFF EDUCATION/MEALS 3,258 0 0 3,258
    UTILITIES 2,299 0 0 2,299


    TY 2021 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 24,915   24,915
    SPONSORSHIP 18,439   18,439
    EDUCATION 650   650


    TY 2021 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 1,664 0
    PAYROLL TAXES PAYABLE 1,805 5,472


    TY 2021 OtherProfessionalFeesSchedule
    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
    OTHER PROFESSIONAL FEES 6,471 0 0 6,471


    TY 2021 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 2021 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 16,465 0 0 16,465
    PROPERTY TAXES 11,690 0 0 11,690
    TAXES AND LICENSES 65 0 0 65