Form 990 for tax year 2023
Filed by SEYMOUR FAMILY FOUNDATION IRREV CHARITABLE TRUST UAD 12-21-15.
Totals
- Total revenue
- $0
- Total expenses
- $728,348
- Contributions and grants received
- $0
- Grants paid
- $675,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,517,805
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,517,805
- Program services expenses (Part IX)
- $728,348
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $728,348
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $675,000 · program services $675,000
-
11a · Fees: management
total $6,000 · program services $6,000
-
11f · Fees: investment management
total $46,093 · program services $46,093
-
24a · Other expenses: BANK FEES
total $1,255 · program services $1,255
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,323 · end of year $7,068
-
12 · Investments: other securities
beginning of year $3,081,900 · end of year $2,510,737
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $3,086,223 · end of year $2,517,805
Mission and programs · 2023
Mission
ESTABLISHED BY BILL & EMMADAY SEYMOUR, THE SEYMOUR FAMILY FOUNDATION SUPPORTS EDUCATION, HEALTH, AND HUMAN SERVICES ACROSS THE CAROLINAS.
-
ESTABLISHED BY BILL & EMMADAY SEYMOUR, THE SEYMOUR FAMILY FOUNDATION SUPPORTS EDUCATION, HEALTH, AND HUMAN SERVICES ACROSS THE CAROLINAS.
Expenses $728,348 · Grants $675,000
As filed on the 2023 return.
Listed in Part VII
-
William G SeymourWILLIAM G SEYMOUR
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Holly WorsleyHOLLY WORSLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Holly W StubbingHOLLY W STUBBING
MEMBER
- Total calculated
- $796,275
- From this org
- $0
- From related orgs
- $694,787
- Other
- $101,488
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $690,662 related
- Bonus
- $0
- Other
- $0 + $4,125 related
- Deferred
- $0 + $81,900 related
- Nontaxable benefits
- $0 + $19,588 related
- Filer's total
- $0 + $796,275 related
-
Hoy S Lanning JrHOY S LANNING JR
MEMBER
- Total calculated
- $3,000
- From this org
- $3,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Edwin B Peacock IIIEDWIN B PEACOCK III
MEMBER
- Total calculated
- $3,000
- From this org
- $3,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
SUPPORT THE FOUNDATION
-
MYERS PARK PRESBYTERIAN CHURCH
$175,000
SUPPORT THE CHURCH
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)3 · GRANTMAKING · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413139349302011
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