Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
 
Number and street (or P.O. box number if mail is not delivered to street address) POST OFFICE BOX 1415
  Room/suite
City or town
SMITHFIELD
State or province
NC
Country  
ZIP or foreign postal code
27577
A Employer identification number

56-2002528
B Telephone number (see instructions)

9194142515
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$30,688,240J 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) 331,919
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 586,037 586,036  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 557,724
b Gross sales price for all assets on line 6a 5,954,563
7 Capital gain net income (from Part IV, line 2)... 557,724
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).......      
12 Total. Add lines 1 through 11........ 1,475,680 1,143,760  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
508 254   254
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,000 1,500   1,500
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
28,661 8,637   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
92,504 74,876   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 124,673 85,267   1,754
25 Contributions, gifts, grants paid....... 1,295,000 1,295,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,419,673 85,267   1,296,754
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 56,007
b Net investment income (if negative, enter -0-) 1,058,493
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 1,385,698 640,308 640,308
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,477,164 Click to see attachment
List of Attached Documents:
// Content
16,279,958 		29,365,442
c Investments—corporate bonds (attach schedule)....... 1,282,362 Click to see attachment
List of Attached Documents:
// Content
1,282,062 		680,403
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
3,184 		Click to see attachment
List of Attached Documents:
// Content
2,087 		Click to see attachment
List of Attached Documents:
// Content
2,087
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,148,408 18,204,415 30,688,240
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)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
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 18,148,408 18,204,415
29 Total net assets or fund balances (see instructions)..... 18,148,408 18,204,415
30 Total liabilities and net assets/fund balances (see instructions). 18,148,408 18,204,415
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
18,148,408
2
Enter amount from Part I, line 27a .....................
2
56,007
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,204,415
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
18,204,415
Form 990-PF (2025)
Form 990-PF (2025)
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 AS REPORTED BY FCIS X7543 P 2025-01-01 2025-12-31
b AS REPORTED BY PERSHING X2639 P 2025-01-01 2025-12-31
c AS REPORTED BY PERSHING X2019 P 2025-01-01 2025-12-31
d AS REPORTED BY PERSHING X2019 P 2025-01-01 2025-12-31
e CAPITAL GAINS DIVIDENDS P    
(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 236,922   285,213 -48,291
b 5,401     5,401
c 2,154,935   2,128,963 25,972
d 3,500,469   2,982,663 517,806
e 56,836     56,836
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       -48,291
b       5,401
c       25,972
d       517,806
e       56,836
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 2 557,724
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
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 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) 1 14,713
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 14,713
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 14,713
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 15,600
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 15,600
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....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 887
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax887 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
NC
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 2025 or the taxable year beginning in 2025? 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
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 addressN/A
14
The books are in care ofOLIVIA HOLDING Telephone no. (919) 989-3281

Located at409 E MARKET STSMITHFIELDNC ZIP+427577
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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
Organizations relying on a current notice regarding disaster assistance check .........
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
OLIVIA B HOLDING PRESIDENT
0.50 		0 0 0
PO BOX 1415
SMITHFIELD,NC27577
FRANK B HOLDING JR VICE PRESIDENT
0.50 		0 0 0
PO BOX 1415
SMITHFIELD,NC27577
HOPE HOLDING BRYANT TREASURER
0.50 		0 0 0
PO BOX 1415
SMITHFIELD,NC27577
JUDITH A MURRAY SECRETARY
0.50 		0 0 0
PO BOX 1415
SMITHFIELD,NC27577
CARSON H BRICE DIRECTOR
0.50 		0 0 0
PO BOX 1415
SMITHFIELD,NC27577
CLAIRE H BRISTOW DIRECTOR
0.50 		0 0 0
PO BOX 1415
SMITHFIELD,NC27577
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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.............right arrow0
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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
27,806,528
b
Average of monthly cash balances.......................
1b
1,321,104
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
29,127,632
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
29,127,632
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
436,914
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
28,690,718
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,434,536
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,434,536
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
14,713
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,713
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,419,823
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,419,823
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
1,419,823
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, line 26, column (d) ..........
1a
1,296,754
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,296,754
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 1,419,823
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,287,560
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,296,754
a Applied to 2024, but not more than line 2a 1,287,560
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 2025 distributable amount..... 9,194
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		1,410,629
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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
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 (2025)
Form 990-PF (2025)
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

ALLEGHANY CARES

25 WOMBLE ST
SPARTA,NC28675 		NONE   GENERAL SUPPORT 5,000

ALLEGHANY COUNTY RESCUE SQUAD

61 TROJAN AVENUE
SPARTA,NC28675 		NONE   GENERAL SUPPORT 2,000

ALLIANCE MEDICAL MINISTRY

101 DONALD ROSS DR
RALEIGH,NC27610 		NONE   GENERAL SUPPORT 4,000

BOYS AND GIRLS CLUB OF WAKE COUNTY

701 RALEIGH BLVD
RALEIGH,NC27610 		NONE   GENERAL SUPPORT 5,000

BOYS AND GIRLS CLUBS OF JOHNSTON CO

609 N POLLOCK STREET
SELMA,NC27576 		NONE   GENERAL SUPPORT 10,000

BREAKTHROUGH T1D

200 VESEY STREET 28TH FLOOR
NEW YORK,NY10281 		NONE   GENERAL SUPPORT 10,000

CAMP ALBEMARLE

156 ALBEMARLE DR
NEWPORT,NC28570 		NONE   GENERAL SUPPORT 28,000

CAMP HAPPY DAYS

933 DUPONT RD
CHARLESTON,SC29407 		NONE   GENERAL SUPPORT 5,000

CAMP SEA GULLSEAFARER

2218 SEA GULL LANDING
ARAPAHOE,NC28510 		NONE   GENERAL SUPPORT 1,000

CAMPBELL UNIVERSITY

143 MAIN STREET
BUIES CREEK,NC27506 		NONE   GENERAL SUPPORT 15,000

CASA

624 W JONES ST
RALEIGH,NC27603 		NONE   GENERAL SUPPORT 12,500

CENTENARY UNITED METHODIST CHURCH

140 E MARKET ST
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 70,000

CHERRY LANE VOLUNTEER FIRE DEPARTMENT

8378 US 21
GLADE VALLEY,NC28627 		NONE   GENERAL SUPPORT 2,000

CHI OMEGA FOUNDATION

3395 PLAYERS CLUB PKWY
MEMPHIS,TN38125 		NONE   GENERAL SUPPORT 25,000

CHRIST CHURCH

120 EAST EDENTON STREET
RALEIGH,NC27601 		NONE   GENERAL SUPPORT 10,000

CLAYTON CULTURAL ARTS FOUNDATION

111 EAST SECOND STREET
CLAYTON,NC27520 		NONE   GENERAL SUPPORT 7,000

CLIFFS CLOSET

134 NEW LEICESTER HWY
ASHEVILLE,NC28806 		NONE   GENERAL SUPPORT 1,000

COMMUNITY MUSIC SCHOOL

618 TUCKER ST
RALEIGH,NC27603 		NONE   GENERAL SUPPORT 2,500

CONSERVATION TRUST FOR NC

1028 WASHINGTON ST
RALEIGH,NC27605 		NONE   GENERAL SUPPORT 5,000

CRYSTAL COAST YOUNG LIFE

PO BOX 5186
BOONE,IA50950 		NONE   GENERAL SUPPORT 2,500

DUNN POLICE ATHLETIC & ACTIVITIES LEAGUE INC

1501 S CLIFTON AVE
DUNN,NC28334 		NONE   GENERAL SUPPORT 5,000

ENVIRONMENTAL DEFENSE FUND

4000 WESTCHASE BLVD
RALEIGH,NC27607 		NONE   GENERAL SUPPROT 10,000

FIFTH STREET MINISTRIES

1421 5TH STREET
STATESVILLE,NC28677 		NONE   GENERAL SUPPORT 2,500

FIRST PRESBYTERIAN CHURCH

215 S 3RD STREET
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 7,000

FRED OLDS ELEMNTARY PTA

204 DIXIE TRAIL
RALEIGH,NC27607 		NONE   GENERAL SUPPORT 3,000

FRIENDS OF JOHNSTON CO ANIMAL SHELTER

115 SHELTER WAY
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 5,000

FRIENDS OF SCOTLAND NECK LIBRARY

PO BOX 126
SCOTLAND NECK,NC27874 		NONE   GENERAL SUPPORT 1,000

GIRL SCOUTS NORTH CAROLINA COASTAL PINES

6901 PINECREST ROAD
RALEIGH,NC27613 		NONE   GENERAL SUPPORT 35,000

HABITAT FOR HUMANITY WAKE COUNTY

2420 RALEIGH BLVD
RALEIGH,NC27604 		NONE   GENERAL SUPPROT 5,000

HAMMOND SCHOOL

854 GALWAY LN
COLUMBIA,SC29209 		NONE   GENERAL SUPPORT 1,500

HARBOR INC

1149 BUFFALO ROAD
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 2,500

HAYES BARTON UNITED METHODIST CHURCH

2209 FAIRVIEW ROAD
RALEIGH,NC27608 		NONE   GENERAL SUPPROT 8,000

HELPING HANDS & HEALING HEARTS INC

308 N 4TH STREET
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 1,000

HOPE INTERNATIONAL

227 GRANITE RUN DR STE 250
LANCASTER,PA17601 		NONE   GENERAL SUPPORT 3,500

HOPEWAY FOUNDATION

1717 SHARON ROAD WEST
CHARLOTTE,NC28210 		NONE   GENERAL SUPPORT 5,000

HOUSE OF HOPE

PO BOX 339
CLAYTON,NC27528 		NONE   GENERAL SUPPORT 10,000

INTERACT

365 BOSTON POST ROAD SUITE 163
SUDBURY,MA01776 		NONE   GENERAL SUPPORT 5,000

JOHNSTON COMMUNITY COLLEGE FDN

245 COLLEGE ROAD
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 25,000

JOHNSTON COUNTY ARTS COUNCIL

1115 OUTLET CENTER DRIVE
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 3,000

KIWANIS CLUB OF SMITHFIELD

3636 WOODVIEW TRACE
INDIANAPOLIS,IN46268 		NONE   GENERAL SUPPORT 1,000

MT OLIVE COLLEGE FOUNDATION

634 HENDERSON STREET
MT OLIVE,NC28365 		NONE   GENERAL SUPPORT 5,000

NC COASTAL FEDERATION

3609 NC 24
NEWPORT,NC28570 		NONE   GENERAL SUPPORT 10,000

NC COMMUNITY FOUNDATION

4601 SIX FORKS ROAD SUITE 524
RALEIGH,NC27609 		NONE   GENERAL SUPPORT 5,000

NC MUSEUM OF ART FOUNDATION

2110 BLUE RIDGE ROAD
RALEIGH,NC27607 		NONE   GENERAL SUPPORT 15,000

NEUSE LITTLE THEATRE

104 S FRONT ST
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 1,500

NEWTON COUNTRY DAY SCHOOL OF THE SACRED HEART

785 CENTRE STREET
NEWTON,MA02458 		NONE   GENERAL SUPPORT 3,500

NORTH CAROLINA CHAMBER MUSIC INSTITUTE

711 HILLSBORO ST
RALEIGH,NC27603 		NONE   GENERAL SUPPORT 2,000

NORTH CAROLINA MUSEUM OF HISTORY

PO BOX 25937
RALEIGH,NC27611 		NONE   GENERAL SUPPORT 25,000

NORTH CAROLINA SYMPHONY

3700 GLENWOOD AVE STE 130
RALEIGH,NC27612 		NONE   GENERAL SUPPORT 50,000

NORTH SIDE FIRE & RESCUE

6483 COVERED BRIDGE RD
ARCHER LODGE,NC27527 		NONE   GENERAL SUPPORT 1,000

PASQUANEY TRUST

19 PASQUANEY LANE
HEBRON,NH03241 		NONE   GENERAL SUPPORT 5,000

PBS NORTH CAROLINA

PO BOX 14900
RESEARCH TRIANGLE PARK,NC277094900 		NONE   GENERAL SUPPORT 10,000

PHILADELPHIA COMMUNITY CHURCH

357 HARE ROAD
GOLDSBORO,NC27534 		NONE   GENERAL SUPPORT 1,000

PUBLIC RADIO EAST

800 COLLEGE COURT
NEW BERN,NC28562 		NONE   GENERAL SUPPORT 1,000

PULLEN MEMORIAL BAPTIST CHURCH

1801 HILLSBOROUGH ST
RALEIGH,NC27605 		NONE   GENERAL SUPPORT 35,000

ROARING GAP COMMUNITY CHURCH

PO BOX 129
ROARING GAP,NC28668 		NONE   GENERAL SUPPORT 7,500

ROARING GAP FUND

751 WEST 4TH ST SUITE 200
WINSTON SALEM,NC27101 		NONE   GENERAL SUPPORT 10,000

SAINT MARY'S SCHOOL

900 HILLSBOROUGH ST
RALEIGH,NC27603 		NONE   GENERAL SUPPORT 36,500

SAINT SAVIOUR'S CENTER

616 TUCKER ST
RALEIGH,NC27603 		NONE   GENERAL SUPPORT 2,500

SALEM ACADEMY & COLLEGE

601 S CHURCH ST
WINSTON SALEM,NC27101 		NONE   GENERAL SUPPORT 225,000

SAVING GRACE ANIMALS FOR ADOPTION

PO BOX 1649
WAKE FOREST,NC27588 		NONE   GENERAL SUPPORT 10,000

SCOA CARES

166 STONERIDGE DRIVE
COLUMBIA,SC29210 		NONE   GENERAL SUPPORT 5,000

SEASONS VILLAGE

PO BOX 27264
RALEIGH,NC27601 		NONE   GENERAL SUPPORT 5,000

SECOND CHANCE PET ADOPTIONS

6003 CHAPEL HILL RD
RALEIGH,NC27607 		NONE   GENERAL SUPPORT 5,000

SENIOR PHARMA-ASSIST

406 RIGSBEE AVE
DURHAM,NC27701 		NONE   GENERAL SUPPORT 2,500

SMITHFIELD RESCUE MISSION

523 GLENN ST
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 5,000

SOSA

470 JAMES STREET 007
NEW HAVEN,CT06513 		NONE   GENERAL SUPPORT 3,000

SOUTHERN DOCUMENTARY FUND

1105 W CHAPEL HILL ST
DURHAM,NC27701 		NONE   GENERAL SUPPORT 25,000

SPOLETO FESTIVAL USA

14 GEORGE ST
CHARLESTON,SC29401 		NONE   GENERAL SUPPORT 10,000

ST PETERS CHURCH OF CHRIST

1011 MASSEY STREET
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 2,000

ST ANDREW'S SCHOOL

227 SOUTH CHERRY STREET
RICHMOND,VA23220 		NONE   GENERAL SUPPORT 3,000

ST DAVID'S SCHOOL

3400 WHITE OAK RD
RALEIGH,NC27609 		NONE   GENERAL SUPPORT 5,000

ST MARK'S AME CHURCH

409 BRIDGE ST
SMITHFIELD,NC27577 		NONE   GENERAL SUPPORT 2,000

STEP UP MINISTRY

1701 OBERLIN ROAD
RALEIGH,NC27608 		NONE   GENERAL SUPPORT 19,000

SYLVAN HEIGHTS BIRD PARK

500 SYLVAN HEIGHTS PARK WAY
SCOTLAND NECK,NC27874 		NONE   GENERAL SUPPORT 10,000

THE ASHEVILLE SCHOOL

360 ASHEVILLE SCHOOL ROAD
ASHEVILLE,NC28806 		NONE   SCHOLARSHIP 51,000

THE HOPE CENTER AT PULLEN

1801 HILLSBOROUGH ST
RALEIGH,NC27605 		NONE   GENERAL SUPPORT 2,000

THE NORTH CAROLINIAN SOCIETY

PO BOX 200632
RALEIGH,NC27619 		NONE   GENERAL SUPPORT 2,500

THE SALVATION ARMY

PO BOX 27584
RALEIGH,NC27611 		NONE   GENERAL SUPPORT 14,000

TRIANGLE FELLOWSHIP OF CHRISTIAN ATHLETES

6511 CREEDMOOR ROAD SUITE 206
RALEIGH,NC27613 		NONE   GENERAL SUPPORT 30,000

TRIANGLE LAND CONSERVANCY

514 S DUKE ST
DURHAM,NC27701 		NONE   GENERAL SUPPORT 12,500

TRYON PALACE FOUNDATION

PO BOX 1007
NEW BERN,NC28563 		NONE   GENERAL SUPPORT 5,000

TUSCARORA COUNCIL BSA

172 NC HWY 581-S
GOLDSBORO,NC27530 		NONE   GENERAL SUPPORT 15,000

UNC INSTITUTE FOR THE ENVIRONMENT

137 E FRANKLIN ST SUITE 602
CHAPEL HILL,NC27599 		NONE   GENERAL SUPPORT 47,000

UNC KENAN FLAGLER BUSINESS SCHOOL

300 KENAN DRIVE
CHAPEL HILL,NC27599 		NONE   GENERAL SUPPORT 5,000

UNITED CHURCH OF CHAPEL HILL

1321 MARTIN LUTHER KING BLVD
CHAPEL HILL,NC27514 		NONE   GENERAL SUPPORT 5,000

VISION TO LEARN

12100 WILSHIRE BLVD STE 1275
LOS ANGELES,CA90025 		NONE   GENERAL SUPPORT 7,500

WAKE FOREST ATHLETICS

1834 WAKE FOREST ROAD
WINSTON SALEM,NC27109 		NONE   GENERAL SUPPORT 10,000

WAKE FOREST PARENTS' COUNCIL

1834 WAKE FOREST ROAD
WINSTON SALEM,NC27106 		NONE   GENERAL SUPPORT 10,000

WAKE FOREST UNIVERSITY

1834 WAKE FOREST ROAD
WINSTON SALEM,NC27106 		NONE   GENERAL SUPPORT 75,000

WCPE

BOX 897
WAKE FOREST,NC27588 		NONE   GENERAL SUPPORT 2,000

WHITE MEMORIAL PRESBYTERIAN CHURCH

1704 OBERLIN RD
RALEIGH,NC27608 		NONE   GENERAL SUPPORT 5,000

WOODBURY FOREST SCHOOL

898 WOODBURY FOREST ROAD
WOODBURY FOREST,VA22989 		NONE   GENERAL SUPPORT 22,500

YMCA OF THE TRIANGLE AREA INC

801 CORPORATE CENTER DR 200
RALEIGH,NC27607 		NONE   GENERAL SUPPORT 49,500
Total ................................. 3a 1,295,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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 ....     14 586,037  
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 ............ 		    18 557,724  
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 1,143,761 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,143,761
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
 
Employer identification number

56-2002528
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
  		Employer identification number
56-2002528
Part I
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
ELLA & FRANK HOLDING CLAT
 
1723 CANTERBURY ROAD
 
RALEIGH, NC27608

$ 331,919


(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.)
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
  		Employer identification number

56-2002528
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
  		Employer identification number

56-2002528
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
THOMAS JUDY & TUCKER 3,000 1,500   1,500

TY 2025 InvestmentsCorpBondsSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Name of Bond End of Year Book Value End of Year Fair Market Value
CAROLINA FINANCIAL CORP 120,000 113,628
MMCAPS FDG I LTD 9.48% 17,163 5,716
MMCAPS FDG I LTD MEZZANINE 19,197 11,431
PREFERRED TERM SECS LTD 13,700 14,439
TPREF FUNDING I 262,831 0
TPREF FUNDING III 250,000 69,593
TRUIST FINL CORP 198,627 200,546
US CAPITAL FUNDING I 200,000 102,166
US CAPITAL FUNDING II 101,000 100,129
US CAPITAL FUNDING III 99,544 62,755

TY 2025 InvestmentsCorpStockSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO COM 252 SHS 25,780 43,227
ABBVIE 124,088 228,490
ABBVIE INC COM 153 SHS 28,374 37,244
ACCENTURE PLC CLASS A 101 SHS 29,953 26,830
AES CORP COM 16,480 17,308
ALLSTATE CORP 168 SHS 21,829 37,467
ALTRIA GROUP INC COM 39,165 38,805
AMAZON.COM INC COM 125,947 130,182
AMAZON.COM INC COM 399 SHS 35,382 46,164
AMERICAN CENTY ETF TR AVANTIS U S SMALL CAP VALUE ETF 123,486 157,355
APPLE INC 1200 SHARES 200,415 380,604
APPLE INC 792 SHS 224,693 243,043
ARGA EMERGING MARKETS VALUE FUND INS 18014 SHS 184,318 231,215
ASTORIA FINANCIAL - STERLING BANKCORP 100,000 90,320
AT&T INC COM 687 SHS 12,432 18,084
AUTOMATIC DATA PROCESSING INC 100 SHARES 16,754 25,723
BANK OF AMERICA CORP 3000 SHS 75,325 165,000
BANK OF AMERICA CORP 879 SHS 29,581 51,150
BERKSHIRE HATHWAY INC 200 SHS 67,707 100,530
BEST BUY INC 210 SHS 15,342 15,394
BLACKROCK ADVANTAGE INTERNATIONAL 1,865,584 2,282,159
BLACKSTONE GROUP INC COM CL A 45,987 45,934
BOEING CO COM 42,040 42,338
BRISTOL MYERS SQUIBB 690 SHS 38,579 40,239
CARVANA CO CL A 36,034 34,184
CATERPILLAR INC 900 SHS 222,900 515,583
CENTENE CORP DEL COM 19,973 24,855
CH ROBINSON WORLDWIDE INC COM NEW 134 SHS 12,541 22,506
CHEVRON CORP 201 SHARES 32,265 32,768
CISCO SYSTEMS INC 946 SHS 47,248 74,642
CME GROUP INC 143 SHS 28,980 41,508
COCA COLA COMPANY 3000 SHS 188,585 209,730
COMCAST CORP CL A 484 SHS 20,809 16,499
COMERICA INC 1000 SHARES 53,804 86,930
COSTAR GROUP INC COM 51,574 46,328
CVS HEALTH CORPORATION 27,550 32,776
DIMENSIONAL ETF TR 257,627 337,273
DISNEY WALT CO 161 SHS 49,086 52,334
DOW INC COM 552 SHS 34,921 15,782
DRIEHAUS EMERGING MKTS GROWTH FUND 7713 SHS 242,389 340,909
DRIEHAUS INTERNATIONAL SMALL CAP GROWTH FUND #9 44,829 56,278
DUKE ENERGY CORP NEW COM 242,185 351,630
DUKE ENERGY CORPORATION 213 SHS 22,408 28,834
EASTMAN CHEM CO COM 277 SHS 41,605 35,872
ELEVANCE HEALTH INC 77 SHS 38,286 29,096
EMERSON ELEC CO COM 47,709 66,360
EXELON CORP COM 36,704 36,790
EXXON MOBIL CORP 674 SHS 71,436 83,636
FAIR ISAAC CORPORATION COM 35,004 33,812
FCB BANCSHARES INC 20,000 SHS 500,000 404,000
FEDEX CORP 75 SHS 12,703 22,820
FIRST CITIZENS BANK CL A 35,913 0
FIRST CITIZENS BANK CL A 252,236 4,487,662
FIRST CITIZENS BANK CL B 32,300 352,000
FIRST CITIZENS BANK SC/FCNC CL A 198,036 2,446,645
GE HEALTHCARE TECHNOLOGIES 307 SHS 22,400 26,821
GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND 54375 SHS 435,417 561,106
HARTFORD FINL SVCS GROUP INC 287 SHS 21,845 42,029
HARTFORD INTERNATIONAL VALUE FUND CLASS F 369,059 501,973
HOME DEPOT INC 138 SHS 86,932 103,230
HOME DEPOT INC 300 SHARES 43,880 48,518
HONEYWELL INTERNATIONAL INC 105 SHS 20,000 20,484
HP INC 654 SHS 16,309 15,373
INTERCONTINENAL EXCHANGE INC COM 235 SHS 28,293 40,328
ISHARES RUSSELL MID CAP VALUE 8082 SHS 1,082,122 1,368,185
ISHARES RUSSELL MID-CAP GROWTH ETF 5536 SHS 642,691 855,601
ISHARES RUSSELL TOP 200 GROWTH ETF 19239 SHS 2,674,027 5,164,931
JOHNSON & JOHNSON 334 SHS 45,298 64,155
JOHNSON & JOHNSON 500 SHS 63,952 103,475
JOHNSON CTLS INTL PLC 317 SHS 15,690 39,039
JP MORGAN CHASE & CO 272 SHS 35,236 78,622
JP MORGAN CHASE 2000 SHS 296,304 708,884
KINDER MORGAN INC 875 SHARES 15,930 25,016
MCDONALDS CORP 100 SHARES 21,049 30,563
MEDTRONIC PLC 198 SHS 15,224 19,212
MERCK 28,330 34,736
MERCK 141,733 210,520
MICROCHIP TECHNOLOGY INC COM 26,169 31,605
MICROSOFT CORP 600 SHARES 233,668 386,896
MONDELEZ (FROM KRAFT SPLIT) 77,985 107,660
MOSAIC CO NEW COM 1155 SHS 28,956 25,921
MSCI INC CL A 35,563 35,571
NORTH SQUARE DYNAMIC SMALL CAP FUND CLASS I 235,092 292,412
NYLI PINESTONE INTERNATIONAL EQUITY FUND CLASS R6 417,208 465,223
ONECK INC NEW COM 40,052 40,719
PAYCHEX INC 179 SHS 19,645 21,090
PENTAIR PLC 269 SHS 16,732 30,305
PHILIP MORRIS INTL 353 SHS 29,401 44,752
PHILLIPS 66 157,815 258,080
PNC FINL SVCS GROUP 1000 SHS 136,284 208,730
PRICE T ROWE GROUP INC COM 171 SHS 20,578 19,452
PROCTER & GAMBLE 148,484 143,310
PROCTER & GAMBLE COMPANY 315 SHS 45,565 48,295
PROLOGIS INC COM 33,503 35,362
QUALCOMM INC COM 57,125 57,986
REGIONS FINL CORP 249,500 234,900
REGIONS FINL CORP 22,650 30,596
ROYAL BK CDA MONTREAL 1000 SHS 99,054 170,490
SBA COMMUNICATIONS CORP NEW CL A 31,077 31,723
SNAP-ON TOOLS CORP 76 SHS 30,667 38,595
SOLSTICE ADVANCED MATLS INC COM SHS 31,086 29,634
SOUTHERN CO COM 437 SHS 33,304 39,763
SYNOVUS FINL CORP 247,500 248,500
TESLA, INC. 45,077 40,925
THE CIGNA GROUP 30,077 28,073
THERMO FISHER CORP COM 46 SHS 25,645 27,814
UNION PAC CORP 200 SHARES 105,126 115,660
UNITED PARCEL SYC INC CL B 52,365 55,447
UNITEDHEALTH GROUP INC 109 SHS 59,422 38,293
UNITEDHEALTH GROUP INC 300 SHARES 157,779 132,044
WACCAMAW STATE TRUST 250,000 250,000
WALMART INC 400 SHARES 75,540 155,974
WALMART INC 582 SHS 23,653 58,267
WASTE MGMT INC 400 SHARES 77,732 109,855
WILLIAM BLAIR SMALL CAP GROWTH FUND 4432 SHS 175,824 189,424
YUM BRANDS INC COM 33,435 32,828
ZIONS BANCORPORATION 3000 SHS 115,018 175,620

TY 2025 LegalFeesSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WARD & SMITH 508 254   254


TY 2025 OtherAssetsSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS RECEIVABLE 3,184 2,087 2,087


TY 2025 OtherExpensesSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 17,346 0   0
INVESTMENT FEES 74,876 74,876   0
BANK FEES 282 0   0


TY 2025 TaxesSchedule
Name:
ELLA ANN L AND FRANK B HOLDING FOUNDATIO
EIN:
56-2002528
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 8,637 8,637   0
FEDERAL TAXES 20,024 0   0