Civic Intelligence

Otha E Herring Scholarship Fund I

990 • Fiscal year 2016 • EIN 75-6690165

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 29, 2016

Organization ProfileN/A
PO Box 2907 - Trust Tax DeptWilson, NC 27894-2907

(252) 246-4027

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

13th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

4th percentile

-94%

Higher net margin than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets13th percentile

Assets

Down

$3,365,625

Down $117,151 (-3.4%) from 2015

Net Assets

Down

$3,365,625

Down $117,151 (-3.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin4th percentile

Revenue

Down

$127,833

Down $89,300 (-41%) from 2015

Expenses

Down

$248,139

Down $95,751 (-28%) from 2015

Net Income

Up

-$120,306

Up $6,451 (+5.1%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,332,587Liabilities 2012: $0Net Assets 2012: $3,332,5872012Assets 2013: $3,729,713Liabilities 2013: $446,250Net Assets 2013: $3,283,4632013Assets 2014: $3,613,535Liabilities 2014: $0Net Assets 2014: $3,613,5352014Assets 2015: $3,482,776Liabilities 2015: $0Net Assets 2015: $3,482,7762015Assets 2016: $3,365,625Liabilities 2016: $0Net Assets 2016: $3,365,6252016Assets 2017: $3,271,702Liabilities 2017: $0Net Assets 2017: $3,271,7022017Assets 2018: $3,160,771Liabilities 2018: $0Net Assets 2018: $3,160,7712018Assets 2019: $3,046,233Liabilities 2019: $0Net Assets 2019: $3,046,2332019Assets 2020: $3,034,633Liabilities 2020: $0Net Assets 2020: $3,034,6332020Assets 2021: $2,987,006Liabilities 2021: $0Net Assets 2021: $2,987,0062021Assets 2022: $2,939,225Liabilities 2022: $0Net Assets 2022: $2,939,2252022Assets 2023: $3,538,068Liabilities 2023: $0Net Assets 2023: $3,538,0682023Assets 2024: $3,471,913Liabilities 2024: $0Net Assets 2024: $3,471,9132024Assets 2025: $3,486,555Liabilities 2025: $0Net Assets 2025: $3,486,5552025

Highlighted filing

2016

Assets$3,365,625
Liabilities$0
Net Assets$3,365,625
Open 2016 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2012: $172,950Expenses 2012: $253,606Net Income 2012: -$80,6562012Expenses 2013: $256,5842013Revenue 2014: $588,434Expenses 2014: $259,308Net Income 2014: $329,1262014Revenue 2015: $217,133Expenses 2015: $343,890Net Income 2015: -$126,7572015Revenue 2016: $127,833Expenses 2016: $248,139Net Income 2016: -$120,3062016Revenue 2017: $150,467Expenses 2017: $244,599Net Income 2017: -$94,1322017Revenue 2018: $139,224Expenses 2018: $251,356Net Income 2018: -$112,1322018Revenue 2019: $114,427Expenses 2019: $232,293Net Income 2019: -$117,8662019Revenue 2020: $225,047Expenses 2020: $236,648Net Income 2020: -$11,6012020Revenue 2021: $177,443Expenses 2021: $222,285Net Income 2021: -$44,8422021Revenue 2022: $166,693Expenses 2022: $214,604Net Income 2022: -$47,9112022Revenue 2023: $794,142Expenses 2023: $194,450Net Income 2023: $599,6922023Revenue 2024: $138,185Expenses 2024: $202,171Net Income 2024: -$63,9862024Revenue 2025: $223,074Expenses 2025: $213,030Net Income 2025: $10,0442025

Highlighted filing

2016

Revenue$127,833
Expenses$248,139
Net Income-$120,306
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 29, 2016
Return Version
2015v2.0
Gross Receipts
$1,133,729
Mission and Program Overview

Mission

Provide scholarships for residents of duplin county and the town of mount olive, nc who are full or part-time students of mount olive college

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,482,776$3,365,625▼ $117,151
Investments in Publicly Traded Securities$3,285,955$3,249,889▼ $36,066
Savings and Temporary Cash Investments$185,112$104,129▼ $80,983
Land, Buildings, and Equipment, Net$11,445$11,445→ $0
Cash and Non-Interest-Bearing Accounts$264$162▼ $102
Total Assets$3,482,776$3,365,625▼ $117,151
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,482,776$3,365,625▼ $117,151
Total Liabilities and Net Assets / Fund Balance$3,482,776$3,365,625▼ $117,151

Asset Categories

AssetBook ValueDepreciationBasis
Land$11,445--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
-Trustee$45,012$45,012
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$127,833
Other Revenue
$0
Change in Net Assets
$-120,306
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$200,000
Salaries, Compensation, and Employee Benefits$45,012
Other Expenses$3,127
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,000--$200,000
Current Officers, Directors, Trustees, and Key Employees-$45,012-$45,012
Fees for Services Other-$3,127-$3,127
Total Functional Expenses$200,000$48,139$0$248,139
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mount Olive CollegeMount Olive, NC-Provide Scholarships for Residents of Duplin County and the Town of Mount Olive, Nc Who Are Full or Part-time Students of Mount Olive College$200,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

“NO DIFFERENCES”

Explanation for Form 990, Page 6, Part VI, Line 3

“N/A”

Explanation for Form 990, Page 6, Part VI, Line 4

“NONE”

Explanation for Form 990, Page 6, Part VI, Line 5

“N/A”

Explanation for Form 990, Page 6, Part VI, Line 6

“NONE”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 7A

“NONE”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 7B

“NO”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

“N/A”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“N/A”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“REVIEWED BY TRUSTEE”

Explanation for Form 990, Page 6, Part VI, Line 9

“Mary h drummond - 4236 rock bridge rd, high point, nc 27262 mount olive college - 634 henderson st, mount olive, nc 28365”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

“NONE”

Filing and Contact Details

Filer

Filer Name
Otha E Herring Scholarship Fund I
EIN
75-6690165
Phone
2522464027
Address
PO BOX 2907 - TRUST TAX DEPT, WILSON, NC 27894-2907

Signing Officer

Name
Branch Banking Trust Co Trustee
Title
Vice President
Phone
2522464027
Signed
2016-09-29

Organization Details

Formed
2003
Legal Domicile
Nc
Voting Board Members
0
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Description of Reasonable Efforts Undertaken

“NONE”

Description of Process for Determining Compensation

“NONE”

Description of Process for Determining Compensation

“NONE”

Description for Making Documents Public

“We make our form 1023 and forms 990 available to the public upon request”

Description for Making Documents Public

“We make our governing documents available to the public upon request”

Estimate of Average Hours Per Week Devoted to Related Organizations

“Branch banking & trust company, 1 hour”

Explanation for Form 990, Part XI, Line 9

“Difference in mutual funds received/reported”

Raw XML Appendix297 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.

Path#Value
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IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRANCH BANKING & TRUST COMPANY
IRS990/BooksInCareOfDetail/PhoneNum02522464027
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IRS990/BooksInCareOfDetail/USAddress/CityNm0WILSON
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IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt045012
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IRS990/GrantsToOrganizationsInd0true
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IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/ExclusionAmt086667
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt086667
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03285955
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03249889
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011445
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011445
IRS990/LandBldgEquipCostOrOtherBssAmt011445
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01005896
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
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IRS990/MissionDesc0PROVIDE SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03482776
IRS990/NetAssetsOrFundBalancesEOYAmt03365625
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt041166
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt03155
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0200000
IRS990/PYInvestmentIncomeAmt0217133
IRS990/PYOtherExpensesAmt095856
IRS990/PYRevenuesLessExpensesAmt0-126757
IRS990/PYSalariesCompEmpBnftPaidAmt048034
IRS990/PYTotalExpensesAmt0343890
IRS990/PYTotalRevenueAmt0217133
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-120306
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03482776
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IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MOUNT OLIVE COLLEGE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleA/SupportSumAmt00
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MOUNT OLIVE COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0560623936
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0634 HENDERSON STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MOUNT OLIVE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL OF THE FUNDS ARE DISBURSED TO MOUNT OLIVE COLLEGE AND SENT TO THE COLLEGE CASHIER TO BE APPLIED DIRECTLY TO STUDENTS' ACCOUNTS ASSCHOLARSHIP AWARDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO DIFFERENCES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REVIEWED BY TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MARY H DRUMMOND - 4236 ROCK BRIDGE RD, HIGH POINT, NC 27262 MOUNT OLIVE COLLEGE - 634 HENDERSON ST, MOUNT OLIVE, NC 28365
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15WE MAKE OUR FORM 1023 AND FORMS 990 AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16WE MAKE OUR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17BRANCH BANKING & TRUST COMPANY, 1 HOUR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18DIFFERENCE IN MUTUAL FUNDS RECEIVED/REPORTED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1DESCRIPTION OF REASONABLE EFFORTS UNDERTAKEN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13DESCRIPTION OF PROCESS FOR DETERMINING COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14DESCRIPTION OF PROCESS FOR DETERMINING COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15DESCRIPTION FOR MAKING DOCUMENTS PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16DESCRIPTION FOR MAKING DOCUMENTS PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17ESTIMATE OF AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
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IRS990/TotalAssetsBOYAmt03482776
IRS990/TotalAssetsEOYAmt03365625
IRS990/TotalAssetsGrp/BOYAmt03482776
IRS990/TotalAssetsGrp/EOYAmt03365625
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048139
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0200000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0248139
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03482776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03365625
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0200000
IRS990/TotalReportableCompFromOrgAmt045012
IRS990/TotalRevenueGrp/ExclusionAmt086667
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0127833
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03482776
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03365625
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRANCH BANKING TRUST CO TRUSTEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum02522464027
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OTHA E HERRING SCHOLARSHIP FUND I
ReturnHeader/Filer/BusinessNameControlTxt0HERR
ReturnHeader/Filer/EIN0756690165
ReturnHeader/Filer/PhoneNum02522464027
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2907 - TRUST TAX DEPT
ReturnHeader/Filer/USAddress/CityNm0WILSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0278942907
ReturnHeader/ReturnTs02016-10-06T09:00:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,365,625
Liabilities
$0
Net assets
$3,365,625
Revenue
$127,833
Expenses
$248,139
Net income
-$120,306
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$0.22$0.21$0.01
2024Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.47$0.14$0.20$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.54$0.00$3.54$0.79$0.19$0.60
2022Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$0.17$0.21$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$0.18$0.22$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.23$0.24$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$0.11$0.23$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.14$0.25$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$0.15$0.24$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$0.13$0.25$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.22$0.34$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.61$0.00$3.61$0.59$0.26$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.45$3.28$0.26
2012Summary only. Only limited summary data is available for this year.$3.33$0.00$3.33$0.17$0.25$0.08