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 07-01-2021 , and ending 06-30-2022
Name of foundation
CAPE FEAR MEMORIAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2508 INDEPENDENCE BLVD 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, NC28412
A Employer identification number

56-1974747
B Telephone number (see instructions)

(910) 452-0611
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$60,790,726J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 341 187  
4 Dividends and interest from securities... 1,079,067 1,079,067  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,609,659
b Gross sales price for all assets on line 6a 7,315,914
7 Capital gain net income (from Part IV, line 2)... 2,609,659
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 6,092 6,092  
12 Total. Add lines 1 through 11........ 3,695,159 3,695,005  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 171,417 17,142   154,275
14 Other employee salaries and wages...... 92,680 9,268   83,412
15 Pension plans, employee benefits....... 18,799 1,880   16,919
16a Legal fees (attach schedule)......... Click to see attachment 438 0   438
b Accounting fees (attach schedule)....... Click to see attachment 16,013 1,601   14,412
c Other professional fees (attach schedule).... Click to see attachment 189,708 189,708   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 48,905 106   0
19 Depreciation (attach schedule) and depletion... 1,716 0  
20 Occupancy.............. 58,856 5,886   52,970
21 Travel, conferences, and meetings....... 3,397 0   3,397
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 58,083 5,620   52,122
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 660,012 231,211   377,945
25 Contributions, gifts, grants paid....... 2,597,250 2,755,250
26 Total expenses and disbursements. Add lines 24 and 25 3,257,262 231,211   3,133,195
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 437,897
b Net investment income (if negative, enter -0-) 3,463,794
c Adjusted net income (if negative, enter -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............. 342,775 277,331 277,331
2 Savings and temporary cash investments......... 126,472 174,746 174,746
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) 21,427,805 Click to see attachment17,965,702 17,965,702
b Investments—corporate stock (attach schedule)....... 52,425,783 Click to see attachment41,942,084 41,942,084
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).......... 478,054 Click to see attachment427,395 427,395
14 Land, buildings, and equipment: basis bullet86,391
Less: accumulated depreciation (attach schedule) bullet82,923 3,008 Click to see attachment3,468 3,468
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 74,803,897 60,790,726 60,790,726
Liabilities 17 Accounts payable and accrued expenses.......... 24,213 10,069
18 Grants payable................. 1,015,000 857,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment75,000 Click to see attachment45,000
23 Total liabilities (add lines 17 through 22)......... 1,114,213 912,069
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........... 73,689,684 59,878,657
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 73,689,684 59,878,657
30 Total liabilities and net assets/fund balances (see instructions). 74,803,897 60,790,726
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
73,689,684
2
Enter amount from Part I, line 27a .....................
2
437,897
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
74,127,581
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
14,248,924
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
59,878,657
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.)
1 a CAPITAL GAINS DIVIDENDS P    
b REALIZED MARKET GAINS P    
c PASS THROUGH FROM K-1S P    
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 2,377,700     2,377,700
b 4,921,852   4,706,255 215,597
c 16,362     16,362
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       2,377,700
b       215,597
c       16,362
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 2,609,659
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 48,147
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 48,147
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 64,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 79,000
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 30,853
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet30,853 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletNC
    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
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (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.CFMFDN.ORG
    14
    The books are in care ofbulletANNA ERWIN Telephone no.bullet (910) 452-0611

    Located atbullet2508 INDEPENDENCE BLVD STE 200WILMINGTONNC ZIP+4bullet28412
    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)
    Yes
     
    (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
     
    No
    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
    ANNA ERWIN PRESIDENT/TREASURER
    40.00     		141,417 9,963 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    GARRY GARRIS CHAIRMAN
    1.00     		30,000 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    JAMES D HUNDLEY MD VICE CHAIRMAN
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    AGNES R BEANE SECRETARY
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    RONALD R SINCLAIR ASSISTANT SECRETARY
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    WILLIAM H CAMERON BOARD MEMBER
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    ROBERT F WARWICK BOARD MEMBER
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    RICHARD L WOODBURY BOARD MEMBER
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    MOTT P BLAIR IV MD BOARD MEMBER
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    JANELLE A RHYNE MD BOARD MEMBER
    1.00     		0 0 0
    2508 INDEPENDENCE BOULEVARD
    WILMINGTON,NC28412
    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
    SARA S BENTON GRANTS OFFICER
    40.00     		73,668 5,078 0
    2508 INDEPENDENCE BLVD
    WILMINGTON,NC28412
    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  
    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
    71,369,752
    b
    Average of monthly cash balances.......................
    1b
    383,265
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    71,753,017
    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
    71,753,017
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,076,295
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    70,676,722
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,533,836
    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
    3,533,836
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    48,147
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    652
    c
    Add lines 2a and 2b............................
    2c
    48,799
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,485,037
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,485,037
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    3,485,037
    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 3,485,037
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 2,666,539
    b Total for prior years:20, 20, 20 0
    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 ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,133,195
    a Applied to 2020, but not more than line 2a 2,666,539
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 466,656
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		3,018,381
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    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
     
    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
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part 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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ANNA P ERWIN
    2508 INDEPENDENCE BLVD STE 200
    WILMINGTON,NC28412
    (910) 452-0611
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS AND REQUEST GUIDELINES ARE AVAILABLE AT THE ABOVE ADRESS
    cAny submission deadlines:
    JANUARY 15 AND JULY 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS MADE ONLY TO 501 (C) (3) ORGANIZATIONS AND GOVERNMENTAL ENTITIES FOR HEALTH AND MEDICAL NEEDS IN SOUTHEASTERN NORTH CAROLINA
    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
    ACCESS DENTAL CARE
    513 WHITE OAK STREET SUITE D
    ASHEBORO,NC27203     		N/A PC NEW HANOVER ADULT DENTAL PROGRAM 100,000
    AMERICAN HEART ASSOCIATION
    5001 SOUTH MIAMI BOULEVARD SUITE
    300
    DURHAM,NC27703     		N/A PC INFANT CPR AND TARGET BP PROGRAMS - SUPPLY COSTS 45,000
    AMERICAN RED CROSS CAPE FEAR CHAPTER
    1102 S 16TH ST
    WILMINGTON,NC28401     		N/A PC AMERICAN RED CROSS DISASTER RELIEF 45,000
    AMERICAN RED CROSS CAPE FEAR CHAPTER
    1102 S 16TH ST
    WILMINGTON,NC28401     		N/A PC BLOOD SERVICES SUPPORT 50,000
    AUTISM SOCIETY OF NC INC
    705 S KERR AVE
    WILMINGTON,NC28403     		N/A PC TRANSITIONS PROGRAM 12,000
    BRIGADE BOYS AND GIRLS CLUB
    2759 VANCE STREET
    WILMINGTON,NC28412     		N/A PC WORK FORCE DEVELOPMENT (WFD) 40,000
    BRUNSWICK FAMILY ASSISTANCE INC
    POST OFFICE BOX 1551
    SHALLOTTE,NC28459     		N/A PC GENERAL OPERATING SUPPORT 70,000
    BRUNSWICK FAMILY ASSISTANCE INC
    POST OFFICE BOX 1551
    SHALLOTTE,NC28459     		N/A PC EMERGENCY CLIENT ASSISTANCE 25,000
    BRUNSWICK SENIOR RESOURCES INC
    POST OFFICE BOX 2470
    SHALLOTTE,NC28459     		N/A PC BRUNSWICK COUNTY MOBILE MEALS APPLICATION 20,000
    CAPE FEAR CLINIC INC
    1605 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC MONOCLONAL ANTIBODY TREATMENT 55,000
    CAPE FEAR CLINIC INC
    1605 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT 220,000
    CAPE FEAR CLINIC INC
    1605 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC PHARMACY SERVICES SUPPORT 110,000
    CAPE FEAR HEALTHNET
    1601 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC CFHN SPECIALTY REFERRAL PROGRAM 50,000
    CAPE FEAR HEALTHNET
    1601 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC CFHN ELIGIBILITY AND ENROLLMENT PROGRAM 85,000
    CENTRE OF REDEMPTION
    POST OFFICE BOX 1271
    WRIGHTSVILLE BEACH,NC28480     		N/A PC MINOR PREVENTION PROGRAM 30,000
    CHILD DEVELOPMENT CENTER INC
    3802 PRINCESS PLACE DRIVE
    WILMINGTON,NC28405     		N/A PC GENERAL OPERATING SUPPORT 75,000
    COMMUNITIES IN SCHOOLS OF BRUNSWICK COUNTY INC
    POST OFFICE BOX 10087
    SOUTHPORT,NC28461     		N/A PC ACTION FOR SUCCESS 25,000
    COMMUNITIES IN SCHOOLS OF CAPE FEAR INC
    20 N 4TH STREET SUITE 213
    WILMINGTON,NC28401     		N/A PC PENDER COUNTY BABY STEPS 35,000
    COMMUNITY BOYS & GIRLS CLUB OF WILMINGTON NC INC
    901 NIXON STREET
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT 50,000
    DUPLIN CHRISTIAN OUTREACH MINISTRIES
    514 SOUTH NORWOOD STREET
    WALLACE,NC28466     		N/A PC DIRECT CLIENT SERVICES SUPPORT 35,000
    DUPLIN MEDICAL ASSOCIATION INC
    600 S SYCAMORE ST
    ROSE HILL,NC28398     		N/A PC DMA IT GRANT PROPOSAL 41,000
    EDEN VILLAGE OF WILMINGTON
    1302 KORNEGAY AVE
    WILMINGTON,NC28405     		N/A PC COMMUNITY CENTER CONSTRUCTION 50,000
    FAMILIES FIRST INC
    121 W MAIN ST
    WHITEVILLE,NC28472     		N/A PC TRAUMA FOCUSED YOGA FOR DOMESTIC VIOLENCE SURVIVORS 15,000
    FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA AT WILMINGTON
    1314 MARSTELLAR ST
    WILMINGTON,NC28401     		N/A PC CAPITAL CAMPAIGN - FACILITY 125,000
    FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA AT WILMINGTON
    1314 MARSTELLAR ST
    WILMINGTON,NC28401     		N/A PC FY 23 ANNUAL REQUEST - NOURISHING FAMILIES, BUILDING SOLUTIONS 50,000
    HOPE RECUPERATIVE CARE
    4806 WRIGHTSVILLE AVE
    WILMINGTON,NC28403     		N/A PC HOPE RECUPERATIVE CARE 30,000
    JUNE 10 (DBA ROOTS OF RECOVERY)
    13471 US-17
    HAMPSTEAD,NC28443     		N/A PC SALARY SUPPORT 30,000
    KIDS MAKING IT
    617 CASTLE STREET
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT - MATCHING FUNDS 60,000
    LEADING INTO NEW COMMUNITIES INC
    POST OFFICE BOX 401
    WILMINGTON,NC28405     		N/A PC FIT COMMUNITY HEALTH WORKERS 75,000
    MOTHER HUBBARD'S CUPBOARD OF WILMINGTON INC
    POST OFFICE BOX 76
    WILMINGTON,NC28402     		N/A PC GENERAL OPERATING SUPPORT 32,000
    MYRTLE GROVE PRESBYTERIAN CHURCH
    800 PINER ROAD
    WILMINGTON,NC28409     		N/A PC C. MEBANE MEMORIAL 1,000
    NORTH CAROLINA DENTAL SOCIETY FOUNDATION
    1600 EVANS RD
    CARY,NC27513     		N/A PC NC MISSIONS OF MERCY DENTAL CLINIC IN WILMINGTON 45,000
    NC NETWORK OF GRANTMAKERS
    3737 GLENWOOD AVE STE 460
    RALEIGH,NC27612     		N/A PC ANNUAL MEETING SPONSOR 1,000
    NEW HANOVER COUNTY HEALTH DEPARTMENT
    2029 SOUTH 17TH ST
    WILMINGTON,NC28401     		N/A GOV EARLY INTERVENTION COLLABORATION PROJECT (EICP) 75,000
    NEW HOPE CLINIC INC
    201 W BOILING SPRING RD
    SOUTHPORT,NC28461     		N/A PC SALARY SUPPORT 100,000
    BLUE RIBBON COMISSION ON THE PREVENTION OF YOUTH VIOLENCE
    POST OFFICE BOX 591
    WILMINGTON,NC28402     		N/A PC SUMMER EMPLOYMENT PROGRAM 25,000
    PENDER ADULT SERVICES INC
    901 SOUTH WALKER STREET
    BURGAW,NC28425     		N/A PC HERITAGE PLACE GENERATOR INSTALLATION AND SENIOR CENTER IMPROVEMENTS 55,000
    PENDER ALLIANCE FOR TEEN HEALTH
    5380 NC HWY 53 W
    BURGAW,NC28425     		N/A PC PATH COMMUNITY HEALTH NETWORK 75,000
    PENDER EMS AND FIRE INC
    805 RIDGEWOOD AVE
    BURGAW,NC28425     		N/A PC LUCAS 3 PROJECT 43,000
    PREVENT BLINDNESS NORTH CAROLINA
    4011 WESTCHASE BLVD SUITE 225
    RALEIGH,NC27607     		N/A PC STAR PUPILS PRESCHOOL VISION SCREENING PROGRAM 30,000
    RECOVERY RESOURCE CENTER
    20 N 4TH STREET SUITE 210
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT 30,000
    SAFE HAVEN OF PENDER INC
    1411 HWY 117 S ST
    HELENA,NC28425     		N/A PC GENERAL OPERATING FUNDS 60,000
    SAMARA'S VILLAGE
    1450 FIFTY LAKES DRIVE UNIT F
    SOUTHPORT,NC28461     		N/A PC GENERAL OPERATING SUPPORT ($20,000) & CHALLENGE GRANT ($10,000) 30,000
    ST MARY HEALTH CENTER
    412 ANN STREET
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT 60,000
    STEPUP WILMINGTON
    20 NORTH 4TH STREET SUITE 430
    WILMINGTON,NC28401     		N/A PC PROGRAM SUPPORT 40,000
    THE CAROUSEL CENTER INC
    1501 DOCK STREET
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT 120,000
    THE HARRELSON CENTER
    20 N 4TH STREET SUITE 214
    WILMINGTON,NC28401     		N/A PC COVID19 RELIEF - COLUMBUS COUNTY 10,000
    TIDES INC
    1650 GREENFIELD ST
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATING SUPPORT 50,000
    TOWN OF FAISON
    108 NE CENTER ST
    FAISON,NC28341     		N/A GOV FITNESS AREA EXPANSION OF FAISON RECREATION AND WELLNESS CENTER 75,000
    FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC
    601 SOUTH COLLEGE ROAD
    WILMINGTON,NC28403     		N/A PC HUMAN CADAVER LABORATORY COMPLETION (CAPITAL PROJECT) 50,000
    WILMINGTON CARENET COUNSELING CENTER
    610 COLLEGE ROAD
    WILMINGTON,NC28403     		N/A PC BENEVOLENT SERVICES INITIATIVE 45,000
    YMCA OF SOUTHEASTERN NORTH CAROLINA
    2710 MARKET ST
    WILMINGTON,NC28403     		N/A PC EXPANSION OF ACTIVE HEALTHY LIVING PROGRAMS 20,000
    YWCA LOWER CAPE FEAR
    2815 SOUTH COLLEGE ROAD
    WILMINGTON,NC28412     		N/A PC LEARN TO SWIM "NO FISH LEFT BEHIND AND FLOW MOTION 30,250
    Total .................................bullet 3a 2,755,250
    bApproved for future payment
    CAPE FEAR CLINIC INC
    1605 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATIONS 110,000
    CAPE FEAR CLINIC INC
    1605 DOCTORS CIRCLE
    WILMINGTON,NC28401     		N/A PC PHARMACY OPERATIONS 55,000
    PREVENT BLINDNESS NORTH CAROLINA
    4011 WESTCHASE BLVD SUITE 225
    RALEIGH,NC27607     		N/A PC PRESCHOOL OPERATIONS 30,000
    RECOVERY RESOURCE CENTER
    20 N 4TH STREET SUITE 210
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATIONS 25,000
    AMERICAN RED CROSS CAPE FEAR CHAPTER
    1102 S 16TH ST
    WILMINGTON,NC28401     		N/A PC GENERAL OPERATIONS 45,000
    DUPLIN CHRISTIAN OUTREACH MINISTRIES
    514 SOUTH NORWOOD STREET
    WALLACE,NC28466     		N/A PC CLIENT AID FUNDS 35,000
    MOTHER HUBBARD'S CUPBOARD OF WILMINGTON INC
    POST OFFICE BOX 76
    WILMINGTON,NC28402     		N/A PC GENERAL OPERATIONS 32,000
    Total .................................bullet 3b 332,000
    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 ...........     		    14 341  
    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 ............     		    18 2,609,659  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 3,695,159 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,695,159
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 16,013 1,601   14,412

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMCAP FUND INC CLASS F2 5,250,432 5,250,432
    AMERICAN FUNDS EUROPACIFIC GROWTH FUND FUND CLASS F-2 5,177,928 5,177,928
    AMERICAN FUNDS GROWTH FUND OF AMERICA CL F2 5,120,874 5,120,874
    AMERICAN FUNDS WASHINGTON MUTUAL FD F2 12,768,224 12,768,224
    BRANDES INVT TR EMERGING MKTS VALUES FD CLASS I 276,801 276,801
    CENTER COAST BROOKFIELD MIDSTREAM FOCUS FUND CLASS I 151,059 151,059
    FRANKLIN STRATEGIC SER SMALL-MID CAP GROWTH FD ADVISOR CL 97,871 97,871
    GOLDMAN SACHS FINL SQUARE TREAS OBLIGS 5,000 5,000
    ISHARES CORE MSCI EMERGING MARKETS 1,034,430 1,034,430
    RUSSELL INVT CO GLOBAL REAL ESTATE SECS FD CL S 176,797 176,797
    RUSSELL INVT EMERGING MARKETS FUNDS CLASS S 873,233 873,233
    SMALLCAP WORLD FD INC CL F2 1,211,232 1,211,232
    SPDR S&P 500 TRUST 3,206,625 3,206,625
    T ROWE PRICE BLUE CHIP GROWTH FUND 349,574 349,574
    VANGUARD BD INDEX FDS MID-CAP GROWTH INDEX FD CL ADMIRAL 348,281 348,281
    VANGUARD BD INDEX FDS MID-CAP VALUE INDEX FD ADMIRAL SHS 376,782 376,782
    VANGUARD SMALL CAP GROWTH INDEX FUND ADMIRAL CLASS SHS 995,269 995,269
    VANGUARD FUNDS SMALL-CAP VALUE INDEX FD ADMIRAL SHS 1,176,957 1,176,957
    VANGUARD INTL EQUITY ET INDEX FDS FTSE EMERGING MKTS ETF 1,121,707 1,121,707
    VANGUARD MID CAP 295,455 295,455
    VANGUARD REAL ESTATE INDEX FUND VNQ 1,138,875 1,138,875
    VANGUARD SMALL CAP 264,165 264,165
    PIMCO COMMODITY REAL RETURN STRAT FD INSTL CL SHS 179,748 179,748
    AMERICAN FUNDS DEVELOPING WORLD GROWTH INCOME FUND CLASS F-2 262,837 262,837
    VIRTUS FUNDS VIRTUS VONTOBEL EMG MKTS OPPRTNTIES FUND CLASS I HIEMX 81,928 81,928

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    US Government Securities - End of Year Book Value:

    17,965,702
    US Government Securities - End of Year Fair Market Value:

    17,965,702
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AURORA FMV 5,720 5,720
    SIGULAR GUFF DISTRESSED REAL ESTATE ASP FUND, LLC FMV 321,675 321,675
    VISTA FMV 100,000 100,000

    TY 2021 LandEtcSchedule2
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & EQUIPMENT 86,391 82,923 3,468 3,468


    TY 2021 LegalFeesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 438 0   438


    TY 2021 OtherDecreasesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Description Amount
    UNREALIZED GAIN/LOSS ON RECORDING SECURITIES AT FAIR MARKET VALUE 14,248,924


    TY 2021 OtherExpensesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 513 0   513
    COMPUTER EXPENSE 35,720 3,572   32,148
    DUES & SUBSCRIPTIONS 4,750 950   3,800
    EQUIPMENT & REPAIRS 1,679 0   1,679
    INSURANCE EXPENSE 8,263 826   7,437
    NON-DEDUCTIBLE EXPENSE FROM K-1 4 0   0
    OFFICE EXPENSE 3,860 154   3,706
    OTHER SUPPLIES 2,957 118   2,839
    PENALTY AND FINES 190 0   0
    LOSS ON DISPOSAL OF ASSETS 147 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    VISTA ROYALTY INCOME 6,705 6,705 6,705
    SIGULER GUFF REAL ESTATE ASP FUND LLC K1 UBTI 4,104 4,104 4,104
    PARTNERSHIP INCOME - NII -4,717 -4,717 -4,717


    TY 2021 OtherLiabilitiesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED COMPENSATION 75,000 45,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 189,708 189,708   0


    TY 2021 TaxesSchedule
    Name:
    CAPE FEAR MEMORIAL FOUNDATION
    EIN:
    56-1974747
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990PF TAXES 48,147 0   0
    FEDERAL UBIT 652 0   0
    STATE UBIT 78 78   0
    FOREIGN TAX EXPENSE 28 28   0