2024-04-19T11:01:45-05:00 2023-12-31 920460586 PWC US TAX LLP 301 GRANT STREET 45TH FLOOR PITTSBURGH PA 15219 990 2023-01-01 636117914 CMF PRESBY CHILD COVI 8007304933 6325 S RAINBOW BLVD STE 300 LAS VEGAS NV 89118 - TRUSTEE 8007304933 2024-04-08 true true LAURA B STROBEL P01271955 4123556000 2024-04-08 X 2023 2023-04-26 12:10:37Z WELLS FARGO BANK 100 N MAIN ST FL 5 D4001-052 WINSTON SALEM NC 27101 79781 false X N/A X 1974 AL TO SUPPORT THE PRESBY HOME FOR CHILDREN 1 0 0 0 0 0 0 20144 13424 0 20144 13424 39967 6782 0 9026 8272 0 0 1079 1232 50072 16286 -29928 -2862 479431 476028 0 0 479431 476028 TO SUPPORT THE PRESBY HOME FOR CHILDREN false false 8673 6782 TO SUPPORT THE PRESBY HOME FOR CHILDREN 8673 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true true true false false false AL X X WELLS FARGO BANK NA 8003523705 100 N MAIN ST FL 5 D4001-052 WINSTON SALEM NC 27101 WELLS FARGO BANK NA TRUSTEE 1.0 X 8272 0 0 8272 0 0 false false false 14720 14720 65061 66357 -1296 -1296 -1296 13424 13424 6782 6782 8272 827 7445 1064 1064 0 0 FOREIGN TAXES PAID 168 168 16286 8673 7613 0 18748 14570 460683 461458 479431 476028 0 0 X 479431 476028 479431 476028 479431 476028 X -2862 -541 X false false false X X 1 PRESBYTERIAN HOME FOR CHILDREN 630307953 7 true 6782 0 1 6782 0 true false false false false false false false false false false true false false false false true true true 0 0 18065 13424 18065 13424 0 8123 7445 84 168 9858 5811 528090 488595 21406 15814 0 549496 504409 0 0 549496 504409 8242 7566 541254 496843 18944 17390 0 18944 17390 9858 8379 18944 18944 0 18944 6782 0 827 0 0 1064 8673 6782 18944 0.358 18944 0 0 5831 32388 33310 41865 113394 0 18944 0 94450 8673 0 8673 0 0 103123 0 19275 33310 41865 8673 Part IV Section D Line 2 SIGNIFICANT VOICE TEST MEET DUE TO HAVING NO BOARD MEMBER OVERLAP. Part IV Section D Line 3 Distributions are made to the supporting organization accordance with the terms of the governing document. Funds are to be used by the supported organization in their sole discretion. In addition to quarterly statements, the supported organization received regular reports of investment performance. An investment officer, administrative officer and administrative team manage the account. Part IV Section D Line 3 (continued) Meetings occur as needed. The account officers and team are also available to respond to any questions or requests from the supported organization. Part V, Line 8 Test 2 was met. One of such shares shall be set aside for the benefit of the Presbyterian Childrens Home in Talladega, Alabama, and shall be known as the Covington Memorial Foundation for the Presbyterian Childrens Home of Talladega. From such amount to set aside, the governing Board of the Foundation as her in after established, shall distribute the net ncome and so much of the principal, if needed, Part V, Line 8 (continued) year which when added to the income equals an amount not less than five percent (5%) of the principal value of this Foundation as of the date of its establishment. The funds so distributed shal go into the general fund of said Children Home and shall be used in any manner as the Trustees of said Childrens Home deem wise. Such additional amounts, not to exceed five percent (5%) of the principal Part I, LIne 8 (continued) Foundation as of the date of its establishment. The funds so distributed shal go into the general fund of said Children Home and shall be used in any manner as the Trustees of said Childrens Home deem wise. Such additional amounts, not to exceed five percent (5%) of the principal value of the Foundation, as determined at the time of such distribution, shall be distributed to said Childrens Home in Part V, Line 8 (continued) the need arises. The Foundation Board shall have the final say in making a decision on such a distribution The said Childrens Home may apply to the Foundation Board at intervals, not more frequently than annually, for such additional principal distributions. The decision of the Foundation Board to make, or refrain from making, such additional principal distributions shall be conclusive. The Part V, Line 8 (continued) consist of three (3) individuals, one selected by the Trust Committee of the First National Bank; the other two (2) being selected by the Board of Trustees of the Presbyterian Childrens Home in Talladega. As vacancies occur in the Foundation Board, they shall be filled by the remaining Foundation Board member or members. PART V, SEC D, LINE 8 THE AMOUNT RECEIVED FROM THE TRUST IS NECESSARY TO AVOID THE INTERRUPTION OF A PARTICULAR FUNCTION, ACTIVITY OR PROGRAM. FUNDS ARE EARMARKED FOR SERVICES/PROGRAMS AT THE BOARD'S DISCRETION. PART V, SEC D, LINE 8 CONT One of such shares shall be set aside for the benefit of the Presbyterian Children's Home in Talladega, Alabama, and shall be known as the Covington Memorial Foundation for the Presbyterian Children's Home of Talladega. From such amount so set aside, the governing Board of the Foundation as hereinafter established, shall distribute the net income and so much of the principal, if needed, PART V, SEC D, LINE 8 CONT each and every year which when added to the income equals an amount not less than five per cent (5%) of the principal value of this Foundation as of the date of its establishment. The funds so distributed shall go into the general fund of said Children's Home and shall be used in any manner as the Trustees of said Children's Home deem wise. PART V, SEC D, LINE 8 CONT Such additional amounts, not to exceed five per cent (5%) of the principal value of the Foundation, as determined at the time of such distribution, shall be distributed to said Children's Home in any year in which the need arises. The Foundation Board shall have the final say in making a decision on such a distribution. The said Children's Home may apply to the Foundation Board at intervals, not PART V, SEC D, LINE 8 more frequently than annually, for such additional principal distributions. The decision of the Foundation Board to make, or refrain from making, such additional principal distributions shall be conclusive. PART V, SEC D, LINE 8 The Foundation Board shall consist of three (3) individuals, one selected by the Trust Committee of the First National Bank; the other two (2) being selected by the Board of Trustees of the Presbyterian Children's Home in Talladega. As vacancies occur in the Foundation Board, they shall be filled by the remaining Foundation Board member or members. true PRESBYTERIAN HOME FOR CHILDREN ATTN TERRY LINER 905 ASHLAND HWY PO BOX 577 TALLADEGA AL 351610577 630307953 501(C)(3) 6782 GENERAL SUPPORT GRANT 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 ORGANIZATION CONTRIBUTES TO PRE-SELECTED CHARITIES FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW SOLE TRUSTEE RECEIVES AND REVIEWS THE FORM 990 EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c ORGANIZATION COMPLIES WITH THE SAME POLICY AND ENFORCEMENT PROCEDURES AS ITS TRUSTEE FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC EXPLANATION FOR FORM 990, PART XI, LINE 9 MUTUAL FUND TIMING ADJUSTMENT ($445), PY RETURN OF CAPITAL ADJUSTMENT ($91) TAX LOT BASIS ADJUSTMENT ($3) ROUNDING ($2) PRESBYTERIAN HOME FOR CHILDREN ATTN TERRY LINER 905 ASHLAND HWY PO BOX 577 TALLADEGA AL 351610577 630307953 CHILDREN'S SERVICES, PROGRAMS AND EDUCATION AL 501(C)(3) 7 N/A false false true false false false false false false false false false false false false false false false false false