Civic Intelligence

Josiah C Trent Memorial Foundation

EIN 56-1185148 • 501(c)3 • Durham, NC

Profile

To support duke university and medical center programs in selected fields of study.

324 Blackwell St Washin Bldg No 850Durham, NC 27701

dukeforward.duke.edu/WAYS-TO-GIVE/CFR

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

11th percentile

-84%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

512%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $6,203 (-100%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$0

Down $6,203 (-100%) from 2014

Revenue

Up

$7,352

Up $6,151 (+512%) from 2014

Expenses

Up

$13,555

Up $13,287 (+4958%) from 2014

Net Income

Down

-$6,203

Down $7,136 (-765%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2010: $25,787Net Assets 2010: $25,7872010Assets 2011: $22,879Liabilities 2011: $0Net Assets 2011: $22,8792011Assets 2012: $23,124Liabilities 2012: $0Net Assets 2012: $23,1242012Assets 2013: $5,270Liabilities 2013: $0Net Assets 2013: $5,2702013Assets 2014: $6,203Liabilities 2014: $0Net Assets 2014: $6,2032014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $79,739Expenses 2010: $57,975Net Income 2010: $21,7642010Revenue 2011: $86,548Expenses 2011: $89,456Net Income 2011: -$2,9082011Revenue 2012: $3,280Expenses 2012: $3,035Net Income 2012: $2452012Revenue 2013: $3,108Expenses 2013: $20,966Net Income 2013: -$17,8582013Revenue 2014: $1,201Expenses 2014: $268Net Income 2014: $9332014Revenue 2015: $7,352Expenses 2015: $13,555Net Income 2015: -$6,2032015

Highlighted filing

2015

Revenue$7,352
Expenses$13,555
Net Income-$6,203

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2014 to Nov 30, 2015
Signed
Apr 8, 2016
Return Version
2015v2.1
Gross Receipts
$7,352
Mission and Program Overview

Mission

To support duke university and medical center programs in selected fields of study.

Program Services

DescriptionGrantsExpenses
DUE TO DISSOLUTION, JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. ISSUED A FINAL GRANT (RETURN OF FUNDS) TO DUKE UNIVERSITY DURING TAX YEAR 2015. THERE WERE NO PROGRAM SERVICE EXPENSES DURING TAX YEAR 2015.$13,410$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN P JONESPresident/Director-$0--
DR KAREN FRUSHDirector-$0--
DR WILLIAM H CHAFEDirector-$0--
JAMES E COLEMAMSecretary/Treas/Director-$0--
JOSIAH C T LUCASDirector-$0--
KRISTIN ANDERSONExecutive Director-$0--
PETER C ENGLISHVice President/Director-$0--
TRENT JONESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Josiah C Trent Memorial Foundation
EIN
56-1185148
Phone
9196842006
Address
324 BLACKWELL ST WASHIN BLDG NO 850, DURHAM, NC 27701

Signing Officer

Name
James E Colemam
Title
Secretary/treasurer/director
Phone
9196842006
Signed
2016-04-08
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 1.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: refunds from previous year's grants. Amount: 7,351.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: return of grant fund balance. Grantee name: duke university. Grantee address: 324 blackwell st., washin. Bldg., ste 850 durham, nc 27701. Grantee relationship: supported organization. Property description: cash - grant fund balance. Date of gift: 12/28/15. Amount given: 13,410.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 130. Description: north carolina secretary of state dissolution fee. Amount: 15. Total to form 990-ez, line 16: 145.

Form 990-ez, Part V, Line 35

The organization did not have unrelated business income of $1,000.00 or more during the calendar year ended december 31, 2015. Therefore, for 990-t is not required for the calendar year ended december 31, 2015.

Raw XML Appendix275 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. HAS A HISTORIC AND CONTINUED CLOSE RELATIONSHIP WITH DUKE UNIVERSITY, AND IT HAS BEEN RESPONSIVE TO THE NEEDS AND DEMANDS OF DUKE UNIVERSITY (THE SUPPORTED ORGANIZATION). SEVERAL DUKE UNIVERSITY EMPLOYEES SERVE AS DIRECTORS, OFFICERS AND EXECUTIVE DIRECTOR OF JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. DUKE UNIVERSITY HAS A SIGNIFICANT VOICE IN THE JOSIAH C. TRENT MEMORIAL FOUNDATION, INC.'S ACTIVITIES, SELECTION OF GRANT RECEIPIENTS AND IT'S INVESTMENT POLICIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. HAS BEEN RESPONSIVE TO THE NEEDS AND DEMANDS OF DUKE UNIVERSITY (THE SUPPORTED ORGANIZATION). SEVERAL DUKE UNIVERSITY EMPLOYEES ARE REGULARLY ELECTED TO SERVE AS DIRECTORS, OFFICERS AND EXECUTIVE DIRECTOR OF JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. FILED ARTICLES OF DISSOLUTION WITH NORTH CAROLINA SECRETARY OF STATE ON DECEMBER 10, 2015.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2DUKE UNIVERSITY (THE SUPPORTED ORGANIZATION) HAS A SIGNIFICANT VOICE IN THE JOSIAH C. TRENT MEMORIAL FOUNDATION, INC.'S TIMING OF GRANTS, SELECTION OF GRANT RECEIPIENTS AND IT'S INVESTMENT POLICIES. THE JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. BOARD MEETINGS ARE HELD AT DUKE UNIVERSITY OFFICES AND A MAJORITY OF GRANT APPLICANTS ARE DUKE UNIVERSITY PROFESSORS AND RESEARCHERS. JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. FILED ARTICLES OF DISSOLUTION WITH NORTH CAROLINA SECRETARY OF STATE ON DECEMBER 10, 2015.
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IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0EXPLANATION OF INVOLVEMENT: JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. HAD HISTORICALLY ELECTED SEVERAL DUKE UNIVERSITY EMPLOYEES TO SERVE AS DIRECTORS, OFFICERS AND EXECUTIVE DIRECTOR OF JOSIAH C. TRENT MEMORIAL FOUNDATION, INC. DUKE UNIVERSITY EMPLOYMENT STATUS OF THESE INDIVIDUALS WAS NOT AS A RESULT OF THE DISSOLUTION OF JOSIAH C. TRENT MEMORIAL FOUNDATION, INC.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: REFUNDS FROM PREVIOUS YEAR'S GRANTS. AMOUNT: 7,351.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: RETURN OF GRANT FUND BALANCE. GRANTEE NAME: DUKE UNIVERSITY. GRANTEE ADDRESS: 324 BLACKWELL ST., WASHIN. BLDG., STE 850 DURHAM, NC 27701. GRANTEE RELATIONSHIP: SUPPORTED ORGANIZATION. PROPERTY DESCRIPTION: CASH - GRANT FUND BALANCE. DATE OF GIFT: 12/28/15. AMOUNT GIVEN: 13,410.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: BANK FEES. AMOUNT: 130. DESCRIPTION: NORTH CAROLINA SECRETARY OF STATE DISSOLUTION FEE. AMOUNT: 15. TOTAL TO FORM 990-EZ, LINE 16: 145.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DID NOT HAVE UNRELATED BUSINESS INCOME OF $1,000.00 OR MORE DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2015. THEREFORE, FOR 990-T IS NOT REQUIRED FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2015.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART V, LINE 35
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES E COLEMAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09196842006
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JOSIAH C TRENT MEMORIAL FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0JOSI
ReturnHeader/Filer/EIN0561185148
ReturnHeader/Filer/PhoneNum09196842006
ReturnHeader/Filer/USAddress/AddressLine1Txt0324 BLACKWELL ST WASHIN BLDG NO 850
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027701
ReturnHeader/ReturnTs02016-04-12T14:49:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-11-10
ReturnHeader/TaxYr02015

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