You are on page 1of 26

11442 07/25/2016 5:17 PM

Return of Private Foundation

Form 990-P F

OMB No. 1545-0052

or Section 4947(a)(1) Trust Treated as Private Foundation

Information about Form 990-PF and its separate instructions is at vvww.irs.gov/form990pf.

Internal Revenue Service

Open to Public Inspection

~~

For calendar year 2013 or tax year beginning

, and ending

Name of foundation

Employer identification number

Telephone number (see instructions)

26-0344869

THE FUND FOR DEMOCRATIC COMMUNITIES


Number and street (or P.O. box number if mail is not delivered to street address)

712

2013

Do not enter Social Security numbers on this form as it may be made public.

Department of the Treasury

Room/suite

336-497-1854

SOUTH ELAM AVE.

City or town, state or province, country, and ZIP or foreign postal code

27403

NC

GREENSBORO

D Initial return

G Check all that apply:

Final return
change

Address

- Initial return of a former public charity


X Amended return
.__.
Name change

H Check type of organization: Ix Section 501(c)(3) exempt private foundation


Other taxable private foundation
I Section 4947(a)(1) nonexempt charitable trust
J Accounting method:
y Cash
Accrual
Fair market value of all assets at
Other (specify)
end of year (from Part II, col. (c),
(Part I, column (d) must be on cash basis.)
line 16) ~~ $

lt

If exemption application is pending, check here

~~ r-

1. Foreign organizations, check he e

~ LA

F-7

2. Foreign organizations meeting the


85% test, check here and attach computation
E

II.

; 1

If private foundation status was terminated under


section 507(b)(1)(A), check here
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here

~~

9,324,404

Part I
1
2
3
4
5a
w
=
C
a)
>
a)
re

b
6a
b
7
8
9
10a
b
c

co
(1)
(0

g
>aw
N

...>
.7,

as
L
:V)
E
E
-0
ezt
c
(a
0)
c
.47
.
E
a)

11
12
13
14
15
16a
b
c
17
18
19
20
21
22
23
24

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

Contributions, gifts, grants, etc., received (attach schedule)


if the foundation is not required to attach Sch. B
Check ~~
Interest on savings and temporary cash investments
Dividends and interest from securities

(d) Disbursements
for charitable
purposes
(cash basis only)

(c) Adjusted net


i ncome

713,248

157,429

157,429

157,429

Gross rents
Net rental income or (loss)
319,255

Net gain or (loss) from sale of assets not on line 10


Gross sales price for all assets on line 6a

2,134,096
319,255

Capital gain net income (from Part IV, line 2)

Net short-term capital gain


Income modifications
Gross sales less returns and allowances

Less: Cost of goods sold


Gross profit or (loss) (attach schedule)
Other income (attach schedule)
Total. Add lines 'I through 11
Compensation of officers, directors, trustees, etc.
Other employee salaries and wages
Pension plans, employee benefits
Legal fees (attach schedule)
Stmt
Accounting fees (attach schedule)
Other professional fees (attach schedule)
Interest
Taxes (attach schedule) (see instructions)
Depreciation (attach schedule) and depletion
Occupancy
Travel, conferences, and meetings
Printing and publications
Other expenses (att. sch.)

Stmt 4

1,189,932
97,632
189,610
23,425

Stmt 2
Stmt 3

Stmt 5

Total operating and administrative expenses.


Add lines 13 through 23

Contributions, gifts, grants paid


25
0
Total expenses and disbursements. Add lines 24 and 25.
26
Subtract line 26 from line 12:
27
a Excess of revenue over expenses and disbursements
b Net investment income (if negative, enter -0-)
c Adjusted net income (if negative, enter -0-)
For Paperwork Reduction Act Notice, see instructions.
DAA

(b) Net investment


i ncome

476,684

157,429
97,632
189,610
23,425

1,250

1,250

5,316
13,517
11,856
59,400
299
90,789
493;094
727,757
1,220,851

11,856

41,127

41,127

41,127

41,127

41,127

41,127

59,400
299
48,480
431,952
727,757
1,159,709

435,557
116,302
Form

990-PF

(2013)

11442 07/25/2016 5:17 PM

Form 990-PF 2013

4
5
6

Page 2
End of year

Beginning of year

Attached schedules and amounts in the description column


should be for end-of-year amounts only. (See instructions.)

Balance Sheets

Part II
1
2
3

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869


(a) Book Value

Cash - non-interest-bearing
Savings and temporary cash investments
Accounts receivable ~~
Less: allowance for doubtful accounts ~~
Pledges receivable ~~
Less: allowance for doubtful accounts ~~

(c) Fair Market Value

(b) Book Value

170,116
7,789,109

191,611
9,107,303

191,611
9,107,303

16,059

20,734
4,756

20,734
4,756

7,975,284

9,324,404

9,324,404

3,938
3,938

56,255
56,255

7,971,346

9,268,149

7,971,346

9,268,149

7,975,284

9,324,404

Grants receivable
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see
instructions)

7
(0

.6
(0
u)

<

Other notes and loans receivable (att. schedule)

Ill

8
9
10a
b
c

Less: allowance for doubtful accounts ~~


Inventories for sale or use
Prepaid expenses and deferred charges
Investments - U.S. and state government obligations (attach schedule)
Investments - corporate stock (attach schedule)
Investments - corporate bonds (attach schedule)

11

Investments land, buildings, and equipment: basis

~~

Less: accumulated depreciation (attach sch.)II.

12
13
14

Investments - mortgage loans


Investments - other (attach schedule)
Land, buildings, and equipment: basis

Il

Less: accumulated depreciation (attach sch.)

;.-.

=.5

Other assets (describe ~~


Total assets (to be completed by all filers - see the

17

instructions. Also, see page 1, item I)


Accounts payable and accrued expenses

20
21
22
23

ca
:1

0
i.)
c

24
25
26

Rsp3

a
c
J-

1-

27
28
29
30
31

=a)

(0
0

ci
s'

15
16

18
19

co
cu

70,043
49,309
Stmt 6
)
See Statement 7

Grants payable
Deferred revenue
Loans from officers, directors, trustees, and other disqualified persons
Mortgages and other notes payable (attach schedule)

See Statement 8

Other liabilities (describe ~~


Total liabilities (add lines 17 through 22)
Foundations that follow SFAS 117, check here
and complete lines 24 through 26 and lines 30 and 31.

)
~~ X

Unrestricted
Temporarily restricted
Permanently restricted
Foundations that do not follow SFAS 117, check here
and complete lines 27 through 31.

~~

Capital stock, trust principal, or current funds


Paid-in or capital surplus, or land, bldg., and equipment fund
Retained earnings, accumulated income, endowment, or other funds
Total net assets or fund balances (see instructions)
Total liabilities and net assets/fund balances (see
instructions)

Part III

..

Analysis of Chanaes in Net Assets or Fund Balances

1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with
end-of-year figure reported on prior year's return)
2 Enter amount from Part I, line 27a .......................................
3 Other increases not included in line 2 (itemize)

~~ See Statement 9

4 Add lines 1,2, and 3


5 Decreases not included in line 2 (itemize) ~~
6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30

...................

1
2
3
4
5
6

7,971,346
-30,919
1,327,722
9,268,149
9,268,149
Form

DAA

990-PF (2013)

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES

Form 990-PF (2013)

26-0344869

Page

Capital Gains and Losses for Tax on Investment Income


(b) How acquired
P Purchase
D Donation

(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.)

(d) Date sold


(mo., day, yr.)

(c) Date acquired


(mo., day, yr.)

u See Worksheet
b
c
d
e
(e) Gross sales price

(h) Gain or (loss)


(e) plus (f) minus (g)

(g) Cost or other basis


plus expense of sale

(f) Depreciation allowed


(or allowable)

a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69

(I) Gains (Col. (h) gain minus


col. (k), but not less than -0-) or
Losses (from col. (h))

(k) Excess of col. (i)


over col. (j), if any

(j) Adjusted basis


as of 12/31/69

a
b
c
d
e
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
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
2 Capital gain net income or (net capital loss)

Part I, line 8

Part V

319,255

-10,116

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
7 Yes _3c1 No

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see the instructions before making any entries.
(a)
Base period years
Calendar year (or tax year beginning in)

(b)
Adjusted qualifying distributions

2012
2011
2010
2009
2008

(d)
Distribution ratio
(col. (b) divided by col. (c))

(c)
Net value of noncharitable-use assets

575,906
381,194
292,380
251,092
146,520

7,615,871
6,689,761
356,981
402,139
215,076

0.075619
0.056982
0.819035
0.624391
0.681248

2 Total of line 1, column (d)


3 Average distribution ratio for the 5-year base period divide the total on line 2 by 5, or by the
number of years the foundation has been in existence if less than 5 years

2.257275

0.451455

4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5

8,744,189

5 Multiply line 4 by line 3

3,947,608

6 Enter 1% of net investment income (1% of Part I, line 27b)

4, 356

7 Add lines 5 and 6

3 I 951 , 964

8
8 Enter oualifvina distributions from Part XI I, line 4
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1 b, and complete that part using a 1% tax rate. See the

1 I 159 I 709

Part VI instructions.
Form
DAA

990-P F (2013)

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES

Form 990-PF (2013)

Part VI

26-0344869

Page

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 see instructions

Exempt operating foundations described in section 4940(d)(2), check here ~~


and enter "N/A" on line 1.
(attach copy of letter if ne cessarysee instructions)
Date of ruling or determination letter:
b Domestic foundations that meet the section 4940(e) requirements in Part V, check
and enter 1% of Part I, line 27b
here ~~

la

8 711

c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of
2

Part I, line 12, col. (b).


Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)

3
4
5

Add lines 1 and 2


Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0-

6
Credits/Payments:
6a
a 2013 estimated tax payments and 2012 overpayment credited to 2013
6b
b Exempt foreign organizations tax withheld at source
6c
c Tax paid with application for extension of time to file (Form 8868)
6d
d Backup withholding erroneously withheld
Tax Paid w/ O.R.
7 Total credits and payments. Add lines 6a through 6d
X if Form 2220 is attached
Enter any penalty for underpayment of estimated tax. Check here
8
Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed
9
Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid
10
Enter the amount of line 10 to be: Credited to 2014 estimated tax ~~

11

Part VII-A

0
8 711
0

2
3
4
5

8 711

3,800

4,928

Refunded

Statements Re g ardin g Activities

~~
~~
~~

8,728
17

7
8
9
10
11

Yes

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it
participate or intervene in any political campaign?
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see
Instructions for the definition)?
If the answer is "Yes" to la or lb, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.

2
3

7
8a

1b

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers. ~~ $
Has the foundation engaged in any activities that have not previously been reported to the IRS?

If "Yes," attach a detailed description of the activities.


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

4a Did the foundation have unrelated business gross income of $1,000 or more during the year?
b If "Yes," has it filed a tax return on Form 990-T for this year?
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
5
6

lc

c Did the foundation file Form 1120-POL for this year?


d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(2) On foundation managers. ~~$
(1) On the foundation. ~~ $
e

No

la

N/A

4b
5

If 'Yes," attach the statement required by General Instruction T.


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?
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV
Enter the states to which the foundation reports or with which it is registered (see instructions) ~~

6
7

X
X

8b

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
Is the foundation claiming status as a private operating foundation within the meaning of section 49420)(3) or
9
4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)? If "Yes,"
10

complete Part XIV


Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their
names and addresses

DAA

X
990-PF (2013)

10
Form

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869

Form 990-PF (2013)

Part VII-A

Page 5

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)
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)
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
Website address ~~ www.f4dc.org
14 The books are in care of ~~ MARNIE THOMPSON
Telephone no.

~~

15
16

712 SOUTH ELAM AVE.

GREENSBORO
Located at
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

NC

ZP+4

11
12
13

~~ 336-275-1781
~~ 27403
~~

~~115I
Yes

At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority
over a bank, securities, or other financial account in a foreign country?

No

16

See the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes," enter the name of
the foreign country ~~

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
I a During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person?
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a
disqualified person?
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
(5) Transfer any income or assets to a disqualified person (or make any of either available for
the benefit or use of a disqualified person)?
(6) Agree to pay money or property to a government official? (Exception. Check "No" if the
foundation agreed to make a grant to or to employ the official for a period after
termination of government service, if terminating within 90 days.)
b If any answer is "Yes" to 1a(1)(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)?

Yes
11 Yes

No

No

Yes
Yes
Yes

IX

Yes

Yes

rk No

No
IX No
No
No

1b

Organizations relying on a current notice regarding disaster assistance check here


c Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts, that

ILJ

were not corrected before the first day of the tax year beginning in 2013?
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 2013, did the foundation have any undistributed income (lines 6d and

N/A

lc

6e, Part XIII) for tax year(s) beginning before 2013?


, 20
, 20
If "Yes," list the years ~~ 20

Yes

j No

, 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

N/A

all years listed, answer "No" and attach statement see instructions.)
c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
3a

2b

, 20
, 20
, 20
~~20
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise

at any time during the year?


b If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation or

Yes

No

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 2013.)
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
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 2013?

3b
4a
4b
Form

DM

990-PF (2013)

11442 07/25/2016 5:17 PM

Form 990-PF (2013)

Part VII-B
5a

THE FUND FOR DEMOCRATIC COMMUNITIES

2 6- 03 4 4 8 6 9

During the year did the foundation pay or incur any amount to:
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
(2) Influence the outcome of any specific public election (see section 4955); or to carry on,
directly or indirectly, any voter registration drive?
(3) Provide a grant to an individual for travel, study, or other similar purposes?
(4) Provide a grant to an organization other than a charitable, etc., organization described in
section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)
(5) Provide for any purpose other than religious, charitable, scientific, literary, or educational
purposes, or for the prevention of cruelty to children or animals?
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)?
Organizations relying on a current notice regarding disaster assistance check here
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax
because it maintained expenditure responsibility for the grant?
If "Yes," attach the statement required by Regulations section 53.4945-5(d).
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums
on a personal benefit contract?
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

7a
b

If "Yes" to 6b, file Form 8870.


At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
If "Yes," did the foundation receive any proceeds or have any net income attributable to the transaction?

6a

Part VIII

Page

Statements Regarding Activities for Which Form 4720 May Be Required (continued

LX

Yes

No

Yes
Yes

X
X

No
No

Yes
Yes

ljt

Yes

Yes

No

No
5b

6b

No

Yes

No

No

N/A
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

7b

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(b) Title, and average
hours per week
devoted to position

(a) Name and address

MARN I E THOMPSON
620 SOUTH ELM STREET STE 35
ED WHITFIELD
620 SOUTH ELM STREET STE 35

GREENSBORO
NC 27403
GREENSBORO
NC 27403

COMNGNG DIR
20.00
C0MNGNG DIR
32.00

(c) Compensation
(If not paid,
enter -0-)

(d) Contributions to
employee benefit
plans and deferred
compensation

(e) Expense account,


other allowances

48,816

48,816

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


Form

DAA

0
990-PF (2013)

11442 07/25/2016

a 17 PM

Form 990-PF (2013)

Part VIII
3

THE FUND FOR DEMOCRATIC COMMUNITIES 2 6- 03 4 4 8 6 9

Page 7

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of
organizations and other beneficiaries served, conferences convened, research papers produced, etc.
1

Expenses

PROMOTION OF GRASSROOTS DEMOCRACY -- GRANT MAKING,


COMMUNITY DISCUSSIONS, YOUTH GROUPS, ETC.
1,159,709

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
1

Amount

N/A

All other program-related investments. See instructions.

Total. Add lines 1 through 3


Form

DAA

990-PF (2013)

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869


Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.

Page 8

Form 990-PF (2013)

Part X
1
a
b
c
d
e
2

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
Average monthly fair market value of securities
Average of monthly cash balances
Fair market value of all other assets (see instructions)
Total (add lines 1a, b, and c)
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
Acquisition indebtedness applicable to line 1 assets

le

la
1b
lc
ld

8 , 792 , 823
84,526
0
8 , 877, 349

2
3

8 , 877 , 349

3
4

Subtract line 2 from line 1d


Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
6
Minimum investment return. Enter 5% of line 5
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating
Part XI
foundations and certain foreign onanizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
2a Tax on investment income for 2013 from Part VI, line 5
b Income tax for 2013. (This does not include the tax from Part VI.)

4
5
6

133,160
8 , 744 , 189
437,209

~~

2b

c
3
4
5
6
7

Add lines 2a and 2b


Distributable amount before adjustments. Subtract line 2c from line 1
Recoveries of amounts treated as qualifying distributions
Add lines 3 and 4
Deduction from distributable amount (see instructions)
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

2c
3
4
5

line 1

Part XII
1

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

a Expenses, contributions, gifts, etc. total from Part I, column (d), line 26
b Program-related investments total from Part IX-B
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
2

la
1b

purposes
Amounts set aside for specific charitable projects that satisfy the:
3
a Suitability test (prior IRS approval required)
b Cash distribution test (attach the required schedule)
Qualifying distributions. Add lines la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income.
5

Enter 1% of Part I, line 27b (see instructions)


Adjusted qualifying distributions. Subtract line 5 from line 4
Note. The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation
qualifies for the section 4940(e) reduction of tax in those years.

1 1 159 709

3a
3b
4

1 , 159 , 709

5
6

1 , 159 , 709

Form

DAA

990-PF (2013)

11442 07/25/2016 5:17 PM

Form 990-PF (2013)

Part XIII

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869

Page 9

Undistributed Income (see instructions


(a)

Distributable amount for 2013 from Part X 1,

line 7
Undistributed income, if any, as of the end of 2013:

Corpus

(I))
Years prior to 2012

(c)

(d)

2012

2013

a Enter amount for 2012 only


, 20
, 20
b Total for prior years: 20
Excess distributions carryover, if any, to 2 013:

a From 2008
b From 2009
From 2010
d From 2011
e From 2012
f Total of lines 3a through e
Qualifying distributions for 2013 from Part XII,
4

1,159,709
line 4: $
a Applied to 2012, but not more than line 2a
b Applied to undistributed income of prior ye ars
(Election required see instructions)
Treated as distributions out of corpus (Ele ction
required see instructions)
d Applied to 2013 distributable amount
e Remaining amount distributed out of corp US
Excess distributions carryover applied to 2013
5
(If an amount appears in column (d), the same
amount must be shown in column (a).)

1,159,709

Enter the net total of each column as

indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years' undistributed income. Subtract
line 4b from line 2b
c Enter the amount of prior years' undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)

1,159,709

tax has been previously assessed


d Subtract line 6c from line 6b. Taxable
amount see instructions
e Undistributed income for 2012. Subtract line
4a from line 2a. Taxable amount see
f

instructions
Undistributed income for 2013. Subtract li nes
4d and 5 from line 1. This amount must be

distributed in 2014
Amounts treated as distributions out of co rpus
to satisfy requirements imposed by sectio n
170(b)(1)(F) or 4942(g)(3) (see instruction s)
Excess distributions carryover from 2008 not

applied on line 5 or line 7 (see instructions


Excess distributions carryover to 201 4.

Subtract lines 7 and 8 from line 6a


10
a

Analysis of line 9:
Excess from 2009

b
c
d
e

Excess from 2010


Excess from 2011
Excess from 2012
Excess from 2013
Form

DAA

990-PF

(2013)

11442 07/25/2016 5:17 PM

Form 990-PF (2013)

Part XIV

THE FUND FOR DEMOCRATIC COMMUNITIES 2 6- 0 3 4 4 8 6 9

Page 10

Private Operating Foundations (see instructions and Part VII-A, question 9)

If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2013, enter the date of the ruling
Xi 4942(j)(3) or
b Check box to indicate whether the foundation is a private o peratin g foundation described in section
Prior 3 years
Tax year
2a Enter the lesser of the adjusted net
(d)2010
(c)2011
(a)2013
(b)2olz
income from Part I or the minimum
1a

investment return from Part X for


each year listed

06/05/07
4942(0(5)
le) rou

116,302
98,857

82,035
69,730

57,166
48,591

21
18

255,524
217,196

line 4 for each year listed


d Amounts included in line 2c not used directly

1,159,709

575,906

381,194

292,380

2,409,189

for active conduct of exempt activities


e Qualifying distributions made directly
for active conduct of exempt activities.

728,924

226,096

193,658

145,578

1,294,256

430,785

349,810

187,536

146,802

1,114,933

291,473

253,863

222,992

11,899

780,227

b 85% of line 2a
c Qualifying distributions from Part XII,

Subtract line 2d from line 2c


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 X, 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 49420)(3)(B)(iii)
(3) Largest amount of support from
an exempt organization
(4) Gross investment income

Part XV
1

Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets at
any time during the year - see instructions.)

Information Regarding Foundation Managers:


a List 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).)

N/A
b List 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.

N/A
2

Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:


Check here ~~ I 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. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

a The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

GRANT PROPOSALS/F4DC 336-497-1854

712 SOUTH ELAM AVE. GREENSBORO NC 27403

b The form in which applications should be submitted and information and materials they should include:

See Statement 10

c Any submission deadlines:

See Statement 11

d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

See Statement

DAA

12
Form

990-PF (2013)

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869


Supplementary Information (continued)
ions Paid During the Year or A pproved for Future Payment

Page

Form 990-PF (2013)

Part XV

Recipient
Name and address (home or business)
a

If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor

Foundation
status of
recipient

Purpose of grant or
contribution

11

Amount

Paid during the year

SEE ATTACHED
SEE ATTACHED
SEE ATTACHED NC 27609

Total
Approved for future payment

SEE ATTACHED

727,757

~~ 3a

727,757

N/A

Total
DAA

~~3b
Form

990 -PF (2013)

2013 F4DC Grants

Grantee

Address

Type

Purpose

Amount

Date
Awarded

P.O. Box 151, Hendersonville, NC 28793-0151


c/o F4DC 620 S. Elm Street, Suite 355, Greensboro,
NC 27403
13248 West Geer Street Durham NC

Discretionanmatching funds for RCDG grant


Discretionan operational support
Discretional) purchase of co-op housing

$2,000.00 03/17/13
$25,000.00 5/15/2013

PO Box 170701, San Francisco, CA 94117-0701


, 2769 Church Street, East Point, GA 30344
250 Georgia Ave, Suite 315, Atlanta, GA 30312

Discretiona 62012-2013 RCDG matching grant


DiscretionanUnderwrite CoopEcon 2013
DiscretionanGrassroots Fund Raising Training for board & staff

$7,500.00 6/19/2013
$15,000.001 09/06/13
$3,000.00.

PO Box 170701, San Francisco, CA 94117-0701

Discretiona3-2014 RCOG matching grant

P.O. Box 1932, Jackson, MS 39215

Discretionanlackson Rising Conference

$25,000.001

2600E Franklin Avenue #2, Minneapolis, MN 55406


P.O. Box 151, Hendersonville, NC 28793-0151
155 Washington St. Suite 724, Brooklyn, NY 11201
400 Selby Avenue Suite Y, St. Paul MN 55102
463 Lincoln Place #126, Brooklyn, NY 11238-6201
32413 West Geer Street Durham NC
PO Box 98, Prince St. Station, New York, NY 10012

Discretionan general operating support


Discretionan general operating support
Discretionanieneral operating support
Discretionan USA Cooperative Youth Council
Discretionan general operating support
Discretionanpurchase of co-op housing
Discretionan general operating support

$15,000.00 . 12/09/13
$15,000.00 12/11/2013
$10,000.00 12/11/2013
$10,000.00 12/18/13
$10,000.00 12/18/13
$15,000.00 12/18/2013
$10,000.00! 12/18/13

The Working World (Watershed Center is fiscal sponsor)

228 Park Ave S #27395, New York, NY 10003

Discretionarjgeneral operating support

$50,000.00

Cooperation Texas
Highlander Center
Federation of Southern Cooperatives
Renaissance Community Cooperative (F4DC is fiscal
sponsor)
Campaign for Southern Equality
Hispanic Liaison of Chatham County
EDINA/GEO
Interactive Resource Center
Coped (Inquiring Systems, Inc is fiscal sponsor)
YWCA
Student Action with Farmworkers

5604 Manor Road, Austin, TX 78723


11959 Highlander Way, New Market, TN 37820
2769 Church Street, East Point, GA 30344
c/o F4DC 620 S. Elm Street, Suite 355, Greensboro,
NC 27403
PO Box 364, Asheville, NC 28802
105 E 2nd Street, Slier City, NC 27344
463 Lincoln Place #126, Brooklyn, NY 11238-6201
3115 East Bessemer Avenue Greensboro NC 27405
2323 Broadway, Suite 223, Oakland, CA, 94612
4002 Spring Garden St Greensboro, NC 27407
1317 W Pettigrew Street, Durham, NC 27705

Discretionarjgeneral operating support


DiscretionanDemocratic Governance Curriculum project
Discretionar General operating support

Slow Money NC (Abundance Foundation is fiscal sponsor)

220 Lorax Lane, Box 5, Pittsboro, NC 27312


c/o F4DC 620 S. Elm Street, Suite 355, Greensboro,
NC 27403
P.O. Box 251, Durham, NC 27702
463 Lincoln Place #126, Brooklyn, NY 11238-6201
606 South Elm St., Greensboro, NC 27406

Carolina Common Enterprise


Greensboro PB Project (F4DC is fiscal sponsor)
El Kilombo Intergalactico
US Federation of Worker Cooperatives (NASCO is fiscal
sponsor)
Federation of Southern Cooperatives
Southerners on New Ground
US Federation of Worker Cooperatives (NASCO is fiscal
sponsor)
Cooperation Jackson (Community Aid & Development
Corporation is fiscal sponsor)
Northcountry Coop Development Fund (Cooperative
Development Fund of CDS is fiscal sponsor)
Carolina Common Enterprise
Participatory Budgeting Project
Cooperative Development Fund of CDS
EDINA/GEO
El Kilombo Intergalactico
Rural Development Leadership Network

Greensboro PB Project (F4DC is fiscal sponsor)


People's Durham
EDINA/GEO
Elsewhere, Inc.

$5,000.00 1/16/2013

$5,000.00 10/15/2013
11/15/13

12/18/13

$10,000.00 12/19/13
$50,000.001 12/19/13
$343,292.00 1/3/2014

Discretionanongoing coop development expeditures


$31,298.25
ongoing
Matching Support for "We do" campaign
$3,000.00 1/10/2013
Matching
income development center operation support
$1,864.15 04/01/13
Matching Eastern Conference on Workplace Democracy
$1,493.00 06/24/13
Transition Greensboro community garden matchir
Matching
$407.00, 06/28/13
general operating support
$5,000.00! 07/02/13
Matching
general operating support
Matching
$3,365.14 07/15/13
Matching intern program
1 $5,000.00 07/25/13
Matching

general operating support

$5,000.00 08/21/13

Matching
Matching
Matching
Matching

matching grant to PB GS0 (Indlegogo cmpn)


community development support
Eastern Conference on Workplace Democracy
StoryBank project

$2,135.00 09/06/13
$2,500.00 9/17/2013
$1,007.00 09/25/13
$5,000.00 12/18/13

2013 F4DC Grants

3115 East Bessemer Avenue Greensboro NC 27405


Interactive Resource Center
250 Georgia Ave, Suite 315, Atlanta, GA 30312
Southerners on New Ground
438 North Skinker Boulevard, St. Louis, MO 63130
National Farmworker Ministry
Toolbox for Social Education (Ctr for Labor and Community
PO Box 1207 North Hampton, MA 01060
Research is fiscal sponsor)
284 Madrona Way NE, Suite 116, Bainbridge
Island WA 98110
Yes! Magazine
c/o F4DC 620 S. Elm Street, Suite 355, Greensboro,
NC 27403
Mortgage Fraud Detectives (F4DC is fiscal sponsor)

Matching
Matching
Matching

General operating support


general operating support
Youth & Young adult network operations

Matching

general operating support

Sponsorship extended print run of Special Issue on Co-ops


Sponsorship payment for expenses (scanners)

$3,565.00
$14,314.28
$5,000.00

12/20/13
12/20/13
12/28/13

$2,305.00
$500.00

01/24/13

-$479.33

02/27/13

$250.00
$2,500.00

03/14/13
03/14/13

Farmworker Association of Florida


Participatory Budgeting Project

1264 Apopka Blvd, Apopka, FL 32703


55 Washington St. Suite 724, Brooklyn, NY 11201

Sponsorship 30th Anniversary Assembly ad book


Sponsorship 2013 PB Conference

Reading Connections
Face to Face

122 N Elm St # 520, Greensboro, NC 27401


c/o Donovan McKnight, NC Humanities Council, 122

Sponsorship .registration sponsorship for scrabble challenge


Sponsorship .Show of Hands Concert

$200.00
$250.00

03/14/13
04/03/13

Food for Change

23 Unity Street, PO Box 229 Turners Falls, MA 01376

Sponsorship Contribution for film viewed at F4DC movie night

$100.00

05/01/13

Association for Cooperative Education

1057 Parkview Lane, Victoria, MN 55386 USA

$500.00

06/11/13

New Economics Institute

89 South Street, Suite 406. Boston, MA 02111

Sponsorship sponsorship of CYC leadership retreat


Sponsorship for attendance to ReRoute
Sponsorship Conference

$50.00

06/11/13

National Farmworker Ministry

438 North Skinker Boulevard, St. Louis, MO 63130

Sponsorship Goodbye event for Virgina Driscoll

$250.00

06/26/13

Federation of Southern Cooperatives

2769 Church Street, East Point, GA 30344

$1,000.00

07/23/13

$160.00
$250.00

07/30/13
08/21/13

Dollars and Sense


Planned Paarenthood

One Milk Street, 5th floor, Boston, MA 02109


PO Box 3258, Chapel Hill NC 27515

Sponsorship Annual Meeting/Anniversary Celebration


.Sponsorship of Co-ops Issue 2013 & Union Co-ops
Sponsorship:Ad
Sponsorship 'Sponsorship for Health Heros Event

UNCG Sustainability Committee

800 Oakland Ave. Greensboro, NC 27402

Sponsorship 2013-14 Sustainability Film Series

$250.00

08/28/13

Full Circles Foundation

SponsorshipReWeaving NC conference

$250.00

09/17/13

RCC music Showcase (F4DC is fiscal sponsor)

P.O. Box 33181, Raleigh, NC 27636-3181


c/o F4DC 620 S. Elm Street, Suite 355, Greensboro,
NC 27403

Sponsorship insurance for music showcase event

$355.74

09/19/13

Federation of Southern Cooperatives

2769 Church Street, East Point, GA 30344

Sponsorship sponsorship for attendees at Coop Econ 2013

$1,275.00

10/02/13

Neighborhood Funders Group

436 14th Street, Suite 425, Oakland, CA 94612

Sponsorship!sponsorship of event in NFG convening in Jackson

$1,200.00

10/02/13

Witness for Peace

PO Box 12123 Raleigh, NC 27605

Sponsorship NC Speakers Tour

$350.00.

10/30/13

Claremont Courts Community Organization

2702 Patio Place, Greensboro, NC 27405

Sponsorship holiday meal sponsorship

$500.00

11/14/13

$727,757/3.

11442 07/25/2016 5:17 PM

Form 990-PF (2013)

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869

Page

12

Analysis of Income-Producing Activities

Part XVI-A

Enter gross amounts unless otherwise indicated.

unrelated business income


(a)
Business code

Excluded by section 512, 513, or 514

(c)
Exclusion
code

(b)
Amount

le)
Related or exempt
function income
(See instructions.)

(d)
Amount

1 P 'ogram service revenue:


a
b
d
e
f
9 Fees and contracts from government agencies
2 M embership dues and assessments
3 In terest on savings and temporary cash investments
4 Di vidends and interest from securities
5 N of rental income or (loss) from real estate:
a Debt-financed property
b Not debt-financed property
6 N of rental income or (loss) from personal property

157,429

7 0 her investment income


8 G ain or (loss) from sales of assets other than inventory
9 N of income or (loss) from special events
10 G ross profit or (loss) from sales of inventory

319,255

11 0 her revenue: a
b
d
e
12 S ibtotal. Add columns (b), (d), and (e)
13 Total. Add line 12, columns (b), (d), and (e)
(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B
Line No.
V

476,684
476,684

13

Relationship of Activities to the Accomplishment of Exempt Purposes


Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the
accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes). (See instructions.)

N/A

Form
DAA

990-PF (2013)

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869


Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations

Page 13

Form 990-PF (2013)

Part XVII

1 Did the organization directly or indirectly engage in any of the following with any other organization described
in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
organizations?
a Transfers from the reporting foundation to a noncharitable exempt organization of:

No

Yes

(1) Cash
(2) Other assets
b Other transactions:
(1) Sales of assets to a noncharitable exempt organization

1a(1)
1a(2)

1b(1)

(2) Purchases of assets from a noncharitable exempt organization


(3) Rental of facilities, equipment, or other assets

1 b(2)
1 b(3)

(4) Reimbursement arrangements


(5) Loans or loan guarantees
(6) Performance of services or membership or fundraising solicitations
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees
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

1 b(4)
1 b(5)
1 b(6)
1c

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

(d) Description of transfers, transactions, and sharing arrangements

(c) Name of noncharitable exempt organization

N/A

2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?
b If "Yes." com p lete the followin g schedule.
(a) Name of organization

Yes

(b) Type of organization

No

(c) Description of relationship

N/A

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)? [Xi Yes I

PRESIDENT

I
Signature of officer or trustee
Print/Type preparer's name

Paid
CHUCK AVERRE
Preparer
Hollingsworth
Firm's name
Use Only

~~

Firm's address II.

Date

Title

Preparer's signature

Date

07/25/16

CHUCK AVERRE

Avent Averre & Purvis, PA


300 W Millbrook Rd
Raleih NC 27609-4306

Check 1 . if
self-employed

PTIN
Firm's EIN
Phone no_

P00280366

~~ 56-2119415

919-848-4100
Form

DM

No

990-PF

(2013)

11442 07/25/2016 5:17 PM

Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service

OMB No. 1545-0047

Schedule of Contributors
~ Attach to Form 990, Form 990-EZ, or Form 990-PF.
~ Information about Schedule B (Form 990, 990-EZ, 990-PF) and its instructions is at www.irs,gov/form990.

Name of the organization

2013

Employer identification number

THE FUND FOR DEMOCRATIC COMMUNITIES

26-0344869

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
X For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.
Special Rules
For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33 1 /3 % support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of
the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1 h, or (ii) Form 990-EZ, line 1.
Complete Parts I and II.
For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable, scientific, literary,
or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total to 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. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or
more during the year .......................................................

~~ $

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not 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 990-PF, Part I, line 2, to certify that it does not 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.

DAA

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

11442 07/25/2016 5:17 PM

Page

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

THE FUND FOR DEMOCRATIC COMMUNITIES

Part I

26-0344869

Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(c)
Total contributions

(b)
Name, address, and ZIP + 4

(a)
No.
W

Employer identification number

Name of organization

(d)
Type of contribution

HAYDEN THOMPSON ESTATE

WILLIAM H THOMPSON, EXECUTOR


22901

Person

AURORA ROAD

P 0 BOX 46730
BEDFORD HEIGHTS

OH

713,248

44146

Payroll
Noncash
(Complete Part II for
noncash contributions.)

(a)
No.

(c)
Total contributions

(b)
Name, address, and ZIP + 4

Person
Payroll
Noncash
(Complete Part II for
noncash contributions.)

(a)
No.

(c)
Total contributions

(b)
Name, address, and ZIP + 4

(c)

(b)
Name, address, and ZIP + 4

Total contributions

(c)

(b)
Name, address, and ZIP + 4

Total contributions

(c)

(b)
Name, address, and ZIP + 4

(d)
Type of contribution
Person
_I
Payroll
Noncash
(Complete Part II for
noncash contributions.)

(a)
No.

(d)
Type of contribution
Person
Payroll
Noncash
(Complete Part II for
noncash contributions.)

(a)
No.

(d)
Type of contribution
Person
Payroll
I_
Noncash
(Complete Part II for
noncash contributions.)

(a)
No.

(d)
Type of contribution

Total contributions

(d)
Type of contribution
Person
Payroll

I
1

Noncash
_
(Complete Part II for
noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

DAA

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


Federal Statements
26-0344869
FYE: 12/31/2013

Form 990-PF - General Footnote


Description
FORM 990-PF, PART VII-B, LINE 5(C) - EXPENDITURE RESPONSIBILITY
STATEMENT.
GRANTEE'S NAME: RENAISSANCE COMMUNITY COOPERATIVE
GRANTEE'S ADDRESS: P.O. BOX 10531, GREENSBORO, NC 27415
GRANT AMOUNT: $31,298.25.
GRANT PURPOSE: START UP COSTS FOR COMMUNITY OWNED GROCERY STORE
AMOUNT EXPENDED: $31,298.25.
ANY DIVERSION: NO
DATES OF REPORTS: JUNE 30, 2016

7/25/2016 5:17 PM

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


Federal
26-0344869
FYE: 12/31/2013

7/25/2016 5:17 PM

Statements

Statement 1 - Form 990-PF, Part I, Line 16b - Accounting Fees

Indirect Accounting Fees


Total

$
$

1,250
1,250

$
$

Charitable
Purpose

Adjusted
Net

Net
Investment

Total

Description

$
$

1,250
1,250

$
$

Statement 2 - Form 990-PF, Part I, Line 18 - Taxes

Indirect Taxes/Licenses
Total

$
$

5,316
5,316

$
$

Charitable
Purpose

Adjusted
Net

Net
Investment

Total

Description

$
$

$
$

Statement 3 - Form 990-PF, Part I, Line 19 - Depreciation

Date
Acquired

Description
Cost
Prior Year
Basis
Depreciation

APPLE MACBOOK PRO 17"

10/19/07 $
4,664 $
4,664 200DB
WESTERN DIGITAL 250 GB MYBOOK PRO
10/19/07
171
171 200DB
DESK, HUTCH, CHAIR, CABINET, BKCASE, DSKTOP
1/10/08
1,143
888 200DB
SMALL DESK, TABLE
5/01/08
50
39 200DB
LEATHER OFFICE CHAIR
128
10/02/08
100 200DB
HP LASERJET PRINTER
1/14/08
419
395 200DB
1 COMPAC PRESARIO LAPTOPS
2/01/08 1,065
1,003 200DB
500 GB EXTERNAL DRIVE
2/01/08
145
137 200DB

Method

Life

Current Year
Depreciation

Net Investment
Income

5 $

Adjusted Net
Income
$

5
7

102

11

24

62

1 -3

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


Federal
26-0344869
FYE: 12/31/2013

7/25/2016 5:17 PM

Statements

Statement 3 - Form 990-PF, Part I, Line 19 - Depreciation (continued)


Description
Prior Year
Cost
Date
Depreciation
Acquired
Basis
LINKSYS NAS200 NETWRK STORAGE SYSTEM
241 $
227 200DB
2/23/08 $
BH 500 COPIER
9,046 200DB
6/02/08
9,599
TELEPHONE
53
50 200DB
4/26/08
2 DRAWER FILE CABINET
9/10/08
60
53 200DB
ADOBE CS3 DESIGN PREM
10/19/07
1,896
1,896
MS WINDOWS XP
10/19/07
298
298
GOTHAM ROUNDED MAC LICENSE (2)
1/05/08
576
576
quickbooks pro MAC; office
4/09/08
101
101
QBOOKS 2010 MAC UPDATE
7/03/10
25
23
CS4 UPGRADE FOR MAC
9/29/10
136
136
MACBOOK AIR

8/02/11
1,947
REFURB COMPAQ LAPTOP
8/31/11
225
REFURB COMPAQ LAPTOP #2
8/31/11
225
PROJECTOR
8/10/11
320
MACBOOK AIR LAPTOP
3/19/12
2,063
BROTHER COLOR LASER PRINTER
5/24/12
357
ADOBE UPGRADE
3/05/12
72

Method

Life
5 $

Net Investment
Income

Current Year
Depreciation
14 $

553

3
3
3
3
3

1,947 200DB

225 200DB

225 200DB

320 200DB

1,238 200DB

330

214 200DB

58

12

46

Adjusted Net
Income

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


Federal
26-0344869
FYE: 12/31/2013

7/25/2016 5:17 PM

Statements

Statement 3 - Form 990-PF, Part I, Line 19 - Depreciation (continued)


Description
Date
Cost
Prior Year
Acquired
Basis
Depreciation
ROCKET GENIUS SOFTWARE
4/05/12 $
199 $
124
PROGRAM FOR MAC
6/14/12
135
81
BOOKCASE- TALL (1)
2/22/12
200
114
BOOKCASE - SHORT (2)
2/23/12
200
114
FOLDING CONFERENCE TABLES (2)
2/24/12
150
86
CONFERENCE CHAIRS (6)
2/25/12
450
257
SMALL WOODEN DESK (1)
2/26/12
233
133
LARGE WOODEN DESK - (1)
3/15/12
100
57
4- DRAW METAL FILING CABINETS (4)
3/15/12
100
57
CORDLESS PHONES
2/09/12
171
98
INTERPRETATION EQUIPMENT
3/06/12
4,563
2,607
MICROWAVE
3/12/12
35
20
MINI REFRIGERATOR
3/12/12
100
57
PORTABLE HARD DRIVES (3)
6/12/12
326
186
2 Macbook Airs
2/07/13
7,441
Mac mini 2.3 server
9/11/13
1,322
Quickbooks
2/21/13
294

Method

Life

Current Year
Depreciation

3 $

34 $

22

200DB

25

200DB

25

200DB

18

200DB

55

200DB

29

200DB

12

200DB

12

200DB

21

200DB

559

200DB

200DB

12

200DB

40

200DB

5,023

200DB

760

192

Net Investment
Income

Adjusted Net
Income
$

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


Federal
26-0344869
FYE: 12/31/2013

7/25/2016 5:17 PM

Statements

Statement 3 - Form 990-PF, Part I, Line 19 - Depreciation (continued)

Description
Prior Year
Cost
Depreciation
Basis

Date
Acquired

PHP Runner for MFD Database


279 $
3/06/13 $
Adobe Creative Suite 6
150
3/12/13
RR# 247 Video Camera
344
4/10/13
Canon 5255 Copier
9,547
12/30/13
$
52,318 $
Total

3 $

178 $

96

200DB

202

200DB

5,012
13,517 $

28,009

Adjusted Net
Income

Net Investment
Income

Current Year
Depreciation

Life

Method

0 $

Statement 4 - Form 990-PF, Part I, Line 23 - Amortization

Description
Date
Acquired
START UP COSTS
Total

6/05/07 $
$

Cost
Basis

Prior Year
Amortization

17,726 $
17,726 $

Current Year
Amortization

Life
15 $

6,598
6,598

Net Investment
Income

1,182

COGS

1,182 $

Adjusted Net
Income

0 $

Statement 5 - Form 990-PF, Part I, Line 23 - Other Expenses

Description
Expenses
INVESTING & BANKING FEES
OUTSIDE CONTRACTOR SERVICES
OFFICE SUPPLIES
INSURANCE
EVENT FOOD

Net
Investment

Total
$

41,127
28,114
4,091
3,081
2,884

Adjusted
Net
$

41,127

Charitable
Purpose
$

41,127

28,114
4,091
3,081
2,884
3-5

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


Federal
26-0344869
FYE: 12/31/2013

7/25/2016 5:17 PM

Statements

Statement 5 - Form 990-PF, Part I, Line 23 - Other Expenses (continued)


Description
WEB & INTERNET
TELEPHONE
PAYROLL PROCESSING
BUSINESS MEALS
DUES/SUBSCRIPTIONS
DEVELOPMENT
POSTAGE, MAILING SERVICE
BOOKS, SUBSCRIPTIONS
VOLUNTEER APPRECIATION
CREDIT CARD FEES
Total

Total
2,546
1,845
1,662
1,652
1,319
535
362
303
56
30
89,607

Adjusted
Net

Net
Investment
$

41,127

41,127

Charitable
Purpose
2,546
1,845
1,662
1,652
1,319
535
362
303
56
30
48,480

Statement 6 - Form 990-PF, Part II, Line 14 - Land, Building, and Equipment
Description
FURNISHINGS
OFFICE EQUIPMENT
COMPUTER EQUIPMENT
SOFTWARE
START UP COSTS
Total

Beginning
Net Book
916
2,782
1,076
157
11,128
16,059

End
Cost / Basis
2,814
$
25,057
20,285

4,161

17,726
70,043

End Accumulated
Depreciation
2,194
$
18,791
16,728

Net
FMV
$

3,816

7,780
49,309

617
6,266
3,561

344

9,946
20,734

5-6

11442 THE FUND FOR DEMOCRATIC COMMUNITIES


26-0344869
Federal Statements
FYE: 12/31/2013

7/25/2016 5:17 PM

Statement 7 - Form 990-PF, Part II, Line 15 - Other Assets

Beginning
of Year

Description
DUE FROM RCC
Total

$
$

End of
Year
0

Fair Market
Value
$
$

4,756
4,756

$
$

4,756
4,756

Statement 8 - Form 990-PF, Part II, Line 22 - Other Liabilities

Beginning
of Year

Description
DEPOSITS - SPONSORSHIPS
CREDIT CARD BALANCE
LOAN - COMMUNITY FOUNDATION
Total

End of
Year

2,313
1,625

3,938

3,308
2,947
50,000
56,255

Statement 9 - Form 990-PF, Part III, Line 3 - Other Increases

Description
UNREALIZED GAIN ON INVESTMENTS
Total

Amount
$
$

1,327,722
1,327,722

Statement 10 - Form 990-PF, Part XV, Line 2b - Application Format and Required Contents

Description
GRANT APPLICANTS MUST COMPLETE THE GRANT APPLICATION
AVAILABLE ONLINE AT WWW.F4DC.ORG .
Statement 11 - Form 990-PF, Part XV, Line 2c - Submission Deadlines

Description
F4DC ACCEPTS GRANT APPLICATIONS ON A ROLLING BASIS.
INTERESTED PARTIES SHOULD CONSULT WWW.F4DC.ORG TO LEARN
MORE ABOUT OUR GRANT GUIDELINES.
Statement 12 - Form 990-PF, Part XV, Line 2d - Award Restrictions or Limitations

Description
F4DC CONCENTRATES ITS GRANTMAKING IN THE SOUTHEASTERN US,
WITH PARTICULAR INTEREST IN THE NORTH CAROLINA PIEDMONT.
OUR FOCUS IS ON PROJECTS AND PROGRAMS THAT NURTURE
GRANTEES MUST SIGN A GRANT
GRASSROOTS DEMOCRACY.
AGREEMENT FORM STATING THAT THE GRANT WILL BE USED FOR THE
PURPOSE INTENDED. OTHER GUIDELINES ARE LAID OUT IN A
DOWNLOADABLE DOCUMENT TITLED "MATCHING GRANT
INFORMATION PACKET" AT WWW.F4DC.ORG .

7-12

11442 07/25/2016 5:17 PM

Form

Depreciation and Amortization

4562

OMB No. 1545-0172

2013

(Including Information on Listed Property)

Department of the Treasury


Internal Revenue Service

~~Attach to your tax return.

~ See separate instructions.

(99)

Attachment
Sequence No.

179

Identifying number

Name(s) shown on return

26-0344869

THE FUND FOR DEMOCRATIC COMMUNITIES


Business or activity to which this form relates

Indirect Depreciation
Election To Expense Certain Property Under Section 179
Note: If you have any listed property, complete Part V before you complete Part I.

Part I

Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If ma tied filing separately, see instructions

5
6

Listed property. Enter the amount from line 29


Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7
Tentative deduction. Enter the smaller of line 5 or line 8

7
8
9
10
11

8
9
10
11
12

Carryover of disallowed deduction from line 13 of your 2012 Form 4562

Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions)
Section
179 expense deduction. Add lines 9 and 10, but do not enter more than line 11
12
~ 1 13
Carryover
of disallowed deduction to 2014. Add lines 9 and 10, less line 12
13
Note: Do not use Part II or Part III below for listed property. Instead, use Part V.

Special Depreciation Allowance and Other Depreciation (Do not include listed property.)

Part II

2,000 000

(c) Elected cost

(b) Cost (business use only)

(a) Description of property

500 000

1
2
3
4
5

Maximum amount (see instructions)


Total cost of section 179 property placed in service (see instructions)
Threshold cost of section 179 property before reduction in limitation (see instructions)

1
2
3
4

See instructions.

Special depreciation allowance for qualified property (other than listed property) placed in service

14

during the tax year (see instructions)


Property subject to section 168(f((1) election

15
16

Other depreciation (including ACRS

Part III

14
15
16

9,688

17

984

174

MACRS Depreciation (Do not include listed property.) (See instructions.)


Section A

17

MACRS deductions for assets placed in service in tax years beginning before 2013

18

If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here

~n

Section BAssets Placed in Service During 2013 Tax Year Using the General Depreciation System
(a) Classification of property

19a
b
c
d
e
f
g
h
i

(b) Month and year


placed in
service

(c) Basis for depreciation


(business/investment use
onlysee instructions)

3-year property
5-year property
7-year property
10-year property
15-year property
20-year property
25-year property
Residential rental
property

9,156
172

(d) Recovery
period

(e) Convention

MQ
MQ

5.0
7.0

25 yrs.
27.5 yrs.

MM
MM
MM

27.5 yrs.
39 yrs.

Class life
b 12-year
c 40-year

Part IV

23

12 yrs.

1,641
30

200DB
200DB

S/L
S/L

40 yrs.

Summary

MM

S/L
S/L
S/L

(See instructions.

Listed property. Enter amount from line 28


Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21 Enter here

21

and on the appropriate lines of your return. Partnerships and S corporationssee instructions

22

13 517

For assets shown above and placed in service during the current year, enter the

p ortion of the basis attributable to section 263A costs


For Paperwork Reduction Act Notice, see separate instructions.

DAA

(g) Depreciation deduction

S/L
S/L
Nonresidential real
property
MM
S/L
Section CAssets Placed in Service During 2013 Tax Year Using the Alternative Depreciation System

20a

21
22

(f) Method

23
Form

4562 (2013)

11442 07/25/2016 5:17 PM

THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869


Form 4562 (2013)

Part V

Page

Listed Property (Include automobiles, certain other vehicles, certain computers, and property used for
entertainment, recreation, or amusement.)
Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a,
24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.
Section ADepreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)

24a

Yes

Do you have evidence to support the business/investment

(a)
Type of property
(list vehicles first)

(b)
Date placed
in service

(c)
Business/
investment use
percentage

(d)

No

(e)
Basis for depreciation
(business/investment
use only)

Cost or other basis

25

Special depreciation allowance for qualified listed property placed in service during

26

the tax year and used more than 50% in a qualified business use (see instructions)
Property used more than 50% in a q ualified business use:

27

Pro perty used 50% or less in a q ualified business use:

24b If 'Yes," is the


(f)

(9)
Method/
Convention

Recovery
period

S/L-

S/L-

Add amounts in column (h) lines 25 through 27. Enter here and on line 21, page 1

29

Add amounts in column (i), line 26. Enter here and on line 7, page 1

(i)
Elected section 179
cost

Depreciation
deduction

25

28

Yes
(h)

28
I 29

Section BInformation on Use of Vehicles


Complete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person. If you provided vehicles
to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.
30

Total business/investment miles driven during


the year (do not include commuting miles)

31

Total commuting miles driven during the year


Total other personal (noncommuting)

32
33
34
35
36

miles driven
Total miles driven during the year. Add
lines 30 through 32
Was the vehicle available for personal
use during off-duty hours?
Was the vehicle used primarily by a more
than 5% owner or related person?
Is another vehicle available for personal use?

(a)

(b)

(c)

(d)

(e)

(f)

Vehicle 1

Vehicle 2

Vehicle 3

Vehicle 4

Vehicle 5

Vehicle 6

Yes

No

Yes

No

Yes

No

Yes

No

Yes

No

Yes

No

Yes

No

Section CQuestions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who are not
more than 5% owners or related persons (see instructions).
37

Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by

38

your employees?
Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners

39
40

Do you treat all use of vehicles by employees as personal use?


Do you provide more than five vehicles to your employees, obtain information from your employees about the

41

use of the vehicles, and retain the information received?


Do you meet the requirements concerning qualified automobile demonstration use? (See instructions.)
Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," do not complete Section B for the covered vehicles.

Part VI

Amortization
(a)
Description of costs

(b)
Date amortization
begins

(c)

(d)

Amortizable amount

Code section

42

Amortization of costs that begins during your 2013 tax year (see instructions):

43

Amortization of costs that began before you r 2013 tax year


Total. Add amounts in column (f). See the instructions for where to report

44
DAA

(e)
Amortization
period or
percentage

(t)
Amortization for this year

1 182

43
44
Form

1 182
4562 (2013)

You might also like