2024-11-15T08:43:54+00:00 2023-12-31 440160260 Forvis Mazars LLP 4350 Congress Street Suite 900 Charlotte NC 28209 990PF 2023-01-01 562002871 Southern Bank Foundation SOUT 9196587000 PO Box 729 Mount Olive NC 283650729 David L Sauls Treasurer 9196587000 2024-11-15 true David Henderson P01755379 7943677020 2024-11-15 2023 2024-10-15 13:58:12Z X 17632508 X X 851983 851983 976878 3487500 976878 0 0 0 940 0 0 1829801 1828861 0 3250 0 0 0 50 0 0 0 0 0 0 0 28817 26700 0 0 0 0 0 0 9402 0 0 0 68219 0 0 0 920887 920887 989106 0 0 920887 840695 1828861 0 11600 39481 39481 9847 8078 9847 9847 0 0 0 0 0 0 0 0 0 0 0 0 0 6677438 8232523 8213016 0 0 0 0 0 0 8496789 7568793 9370164 0 0 0 0 0 0 0 15193905 15850644 17632508 0 0 465000 275000 -6044 0 458956 275000 4631717 4631717 10103232 10943927 14734949 15575644 15193905 15850644 14734949 840695 0 15575644 0 15575644 Vanguard P 2023-12-31 3864378 2887500 976878 0 976878 Vantage South P 2023-08-25 500000 500000 0 0 0 Harborone Bancorp P 2023-12-07 100000 100000 0 0 0 976878 0 25421 25421 25421 38605 38605 13184 13184 0 false false false 0 0 0 false false false false true true NC true false false false false true John Gray 9196587000 PO Box 729 Mount Olive NC 283650729 false false false false false false false false false false false false false false false false false false false false false Lisa R Sanderson PO Box 729 Mt Olive NC 283650729 Assistant Secretary 0 0 0 0 David L Sauls PO Box 729 Mt Olive NC 283650729 Treasurer 0 0 0 0 Hope M Fields PO Box 729 Mt Olive NC 283650729 Secretary 0 0 0 0 Drew M Covert PO Box 729 Mt Olive NC 283650729 President & Director 0 0 0 0 John C Pegram Jr PO Box 729 Mt Olive NC 283650729 Director 0 0 0 0 Julian R Aycock PO Box 729 Mt Olive NC 283650729 Director 0 0 0 0 William H Bryan PO Box 729 Mt Olive NC 283650729 Director 0 0 0 0 Hope H Bryant PO Box 729 Mt Olive NC 283650729 Director 0 0 0 0 John H Gray PO Box 729 Mt Olive NC 283650729 Assistant Treasurer 0 0 0 0 0 0 0 16990201 116267 0 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OF WILSON 124 NASH ST NE WILSON NC 27893 None PC General Operations and Support 5000 AURORA FOSSIL MUSEUM FOUNDATION INC 400 Main St Aurora NC 27806 None PC General Operations and Support 1000 BAPTIST CHILDRENS HOMES OF NC INC 204 IDOL ST THOMASVILLE NC 27360 None PC General Operations and Support 2500 BEACH FOOD PANTRY INC 4007 N Croatan Hwy Kitty Hawk NC 27949 None PC General Operations and Support 10000 BOY SCOUTS OF AMERICA (000892) UNKNOWN UNKNOWN NC 99999 None PC General Operations and Support 1000 BOY SCOUTS OF AMERICA - TUSCARORA COUNCIL PO BOX 1436 GOLDSBORO NC 27533 None PC General Operations and Support 7000 BOYS & GIRLS CLUB OF THE ALBEMARLE 108 E Ward St ELIZABETH CITY NC 27909 None PC General Operations and Support 5000 BOYS & GIRLS CLUBS OF THE COASTAL PLAIN 621 W FIRE TOWER ROAD WINTERVILLE NC 28590 None PC General Operations and Support 15000 BUSINESS CONSORTIUM FOR ARTS SUPPORT 101 WEST MAIN STREET STE 4500 NORFOLK VA 23510 None PC General Operations and Support 7000 CAHEC FOUNDATION 7700 FALLS OF NEUSE RD 200 RALEIGH NC 27615 None PC General Operations and Support 3000 CALE COMMUNITY FOUNDATION 377 Camp Cale Rd Hertford NC 27944 None PC General Operations and Support 10000 CAPE HENRY COLLEGIATE 1320 Mill Dam Rd Virginia Beach VA 23454 None PC General Operations and Support 20000 CAROLINAS GATEWAY PARTNERSHIP 427 FALLS ROAD ROCKY MOUNT NC 278044808 None PC General Operations and Support 20000 CHESAPEAKE GENERAL HEALTHCARE FOUNDATION 113 GAINSBOROUGH SQUARE SUITE 203 CHESAPEAKE VA 23320 None PC General Operations and Support 20000 CITY OF REFUGE FOUNDATION INC 1350 S WINSTEAD AVE ROCKY MOUNT NC 27803 None PC General Operations and Support 50000 COASTAL CHRISTIAN HIGH SCHOOL 1150 THE KINGS HIGHWAY WILMINGTON NC 28409 None PC General Operations and Support 5000 COMFORT ZONE CAMP 6606 W Broad St 401 Richmond VA 23230 None PC General Operations and Support 1000 COMMUNITY CARE CLINIC OF DARE 425 HEALTH CENTER DRIVE NAGS HEAD NC 27959 None PC General Operations and Support 10000 COMMUNITY DEVELOPMENT FOUNDATION OF ROCKY MT PO BOX 8105 ROCKY MOUNT NC 27804 None PC General Operations and Support 5000 DAKOTA CHILDREN'S ADVOCACY CENTER 1800 E Broadway Ave Bismarck ND 58501 None PC General Operations and Support 10000 DOWNTOWN GOLDSBORO DEV CORP 219 N JOHN ST GOLDSBORO NC 27530 None PC General Operations and Support 1500 DUPLIN COUNTY AGRI-COMMUNITY CENTER FOUNDATION 315 N Main St Kenansville NC 28349 None PC General Operations and Support 2500 EAST CAROLINA UNIVERSITY FOUNDATION INC 2200 S CHARLES BLVD GREENVILLE NC 27858 None PC General Operations and Support 5000 EMANUEL'S HOPE FOUNDATION INC 4016 Raintree Rd Chesapeake VA 23321 None PC General Operations and Support 1000 EMERGE GALLERY & ART CENTER 404 Evans St Greenville NC 27858 None PC General Operations and Support 1000 FELLOWSHIP OF CHRISTIAN ATHLETES 4600 MARRIOTT DR 120 RALEIGH NC 27612 None PC General Operations and Support 6080 FOOD BANK OF CENTRAL & EASTERN NC I 3808 TARHEEL DR RALEIGH NC 27609 None PC General Operations and Support 5000 FOOD BANK OF SOUTHEASTERN VIRGINIA 800 TIDEWATER DR NORFOLK VA 23504 None PC General Operations and Support 5000 FRANKIE LEMMON FOUNDATION INC 3101 POPLARWOOD CT 100 RALEIGH NC 27604 None PC General Operations and Support 10000 FREE WILL BAPTIST CHILDREN'S HOME INC 7907 BUCK DEANS ROAD MIDDLESEX NC 27557 None PC General Operations and Support 5000 FRIENDS OF JOCKEY'S RIDGE INC 300 Carolista Dr Nags Head NC 27959 None PC General Operations and Support 10000 GARRETT HOUSE PRESERVATION COMMITTEE UNKNOWN UNKNOWN NC 99999 None PC General Operations and Support 2300 GOOD SHEPHERD FOOD PANTRY OF BERTIE CO 1008 NORTH KING ST WINDSOR NC 27983 None PC General Operations and Support 1000 HABITAT FOR HUMANITY OF WAKE COUNTY 2420 Raleigh Blvd Raleigh NC 27604 None PC General Operations and Support 5000 HAMPTON ROADS COUNCIL OF VETERANS ORG PO BOX 55366 VIRGINIA BEACH VA 23471 None PC General Operations and Support 2465 HONORBRIDGE 909 East Arlington Boulevard Greenville NC 27858 None PC General Operations and Support 5000 HOPE HOUSE FOUNDATION INC 801 BOUSH ST 302 NORFOLK VA 23510 None PC General Operations and Support 7000 HOPE PREPARATORY SCHOOL 13806 FL-33 GROVELAND FL 34736 None PC General Operations and Support 10000 HOSPICE HOUSE OF HAMPTON ROADS po box 683 VIRGINIA BEACH VA 23451 None PC General Operations and Support 25000 HYDE COUNTY 4-H LIVESTOCK SHOW 30 Oyster Creek Rd Swan Quarter NC 27885 None PC General Operations and Support 20000 JDRF INTERNATIONAL 205 REGENCY EXECUTIVE PARK DR STE CHARLOTTE NC 28217 None PC General Operations and Support 4500 JUNIOR ACHIEVEMENT OF EASTERN NORTH CAROLINA 4904 WATERS EDGE DR STE 155 RALEIGH NC 27606 None PC General Operations and Support 10000 KRAMDEN INSTITUTE 4915 PROSPECTUS DR STE J DURHAM NC 27713 None PC General Operations and Support 19000 KRIQUETTE'S KIDZ 2341 Davis Mill Rd Fremont NC 27830 None PC General Operations and Support 1000 LA GRANGE ARTS COUNCIL FOUNDATION 102 W Railroad St La Grange NC 28551 None PC General Operations and Support 10000 LENOIR COUNTY SPCA INC 3200 US-258 Kinston NC 28504 None PC General Operations and Support 3000 LOAVES AND FISHES MINISTRY INC 1601 MARTIN LUTHER KING JR BLVD RALEIGH NC 27610 None PC General Operations and Support 5000 LOG A LOAD FOR KIDS (008997) 773 SEAFOOD HOUSE ROAD SELMA NC 27576 None PC General Operations and Support 2000 MEN OF FIC PO Box 1066 Mount Olive NC 28365 None PC General Operations and Support 15000 MILL NECK ROSENWALD SCHOOL ASSOC MILL NECK RD COMO NC 27818 None PC General Operations and Support 2500 MOUNT OLIVE AREA HISTORICAL SOCIETY 137 E MAIN ST MOUNT OLIVE NC 28365 None PC General Operations and Support 5000 MOUNT OLIVE COMMUNITY DEVELOPMENT CORP 114 E JAMES ST MOUNT OLIVE NC 28365 None PC General Operations and Support 5000 NATIONAL FIRE SAFETY COUNCIL po box 378 michigan center MI 492540378 None PC General Operations and Support 600 NC AQUARIUM SOCIETY INC 3125 POPLARWOOD CT SUITE 160 RALEIGH NC 27604 None PC General Operations and Support 125000 NC COMMUNITY FOUNDATION 3737 Glenwood Ave Suite 460 Raleigh NC 27612 None PC General Operations and Support 2642 NC FREEDOM FEST Po box 562 GOLDSBORO NC 27533 None PC General Operations and Support 2500 NC LIONS VIP FISHING TOURNAMENT 7050 CAMP DOGWOOD DRIVE SHERRILS FORD NC 28673 None PC General Operations and Support 5000 NC STOP HUMAN TRAFFICKING INC PO BOX 959 FARMVILLE NC 27828 None PC General Operations and Support 2500 NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES 530 N BLOUNT ST RALEIGH NC 27604 None PC General Operations and Support 3500 NORTH CAROLINA PICKLE FESTIVAL 123 N Center St MOUNT OLIVE NC 28365 None PC General Operations and Support 5000 NORTH CAROLINA SYMPHONY SOCIETY INC 3700 GLENWOOD AVE STE 130 RALEIGH NC 27612 None PC General Operations and Support 7500 OUTER BANKS HOSPTIAL DEVELOPMENT COUNCIL 4800 S CROATAN HIGHWAY NAGS HEAD NC 27959 None PC General Operations and Support 50000 PITT COMMUNITY COLLEGE FOUNDATION I PO BOX 7007 MERRY HILL NC 27957 None PC General Operations and Support 50000 PITT COUNTY COMMITTEE OF 100 PO BOX 1714 GREENVILLE NC 27835 None PC General Operations and Support 10000 ROANOKE ISLAND HISTORICAL ASSOCIATION 1409 National Park Dr Manteo NC 27954 None PC General Operations and Support 1000 STRATEGIC TWIN-COUNTIES EDUCATION PARTNERSHIP 101 Coastline st ROCKY MOUNT NC 27801 None PC General Operations and Support 5000 SURF PEDIATRIC FOUNDATION 6066 Martins Point Rd Southern Shores NC 279493820 None PC General Operations and Support 5000 SYLVAN HEIGHTS WATERFOWL PARK AND E 500 Sylvan Heights Park Way Scotland Neck NC 27874 None PC General Operations and Support 25000 TAR RIVER CHORAL CHESTRAL SOC PO BOX 8255 ROCKY MOUNT NC 27804 None PC General Operations and Support 5000 THE ELIZABETHAN GARDENS INC 1411 NATIONAL PARK DR MANTEO NC 27954 None PC General Operations and Support 8000 THE FOUNDATION OF WAYNE COMM COLLEGE 3000 WAYNE MEMORIAL DR GOLDSBORO NC 27534 None PC General Operations and Support 10000 THE HURRAH PLAYERS INC 485 ST PAULS BLVD NORFOLK VA 23510 None PC General Operations and Support 5000 THE OUTLAW FOUNDATION PO BOX 189 NEWTON GROVE NC 28366 None PC General Operations and Support 1500 THE PARAMOUNT THEATRE FOUNDATION 139 S Center Street Goldsboro NC 27530 None PC General Operations and Support 2500 THE ROSE & WOMBLE FOUNDATION 4190 SOUTH PLAZA TRAIL SUITE 200 VIRGINIA BEACH VA 23452 None PC General Operations and Support 19400 THE SCRIPPS HOWARD FUND 312 Walnut Street 28th Floor Cincinnati OH 45202 None PC General Operations and Support 3000 THE SOUTHEASTERN PARTNERSHIP II INC 707 WEST BROAD ST PO BOX 2556 ELIZABETHTOWN NC 28337 None PC General Operations and Support 5000 TOWN OF KENANSVILLE 141 Routledge Road Kenansville NC 28349 None PC General Operations and Support 10000 TOWN OF NASHVILLE 499 S Barnes St Nashville NC 27856 None PC General Operations and Support 5000 UNITED WAY OF WAYNE COUNTY 301 E ASH ST 310 GOLDSBORO NC 27530 None PC General Operations and Support 5000 UNITED WAY OF WILSON COUNTY INC 509 NASH ST N WILSON NC 27893 None PC General Operations and Support 5000 UNITY ORGANIZATION INC 237 FRANKLIN ST MOUNT OLIVE NC 28365 None PC General Operations and Support 1000 UNIVERSITY OF MOUNT OLIVE (003689) 634 HENDERSON ST MOUNT OLIVE NC 28365 None PC General Operations and Support 6500 VA BEACH CITY PUBLIC SCHOOLS EDUCATION FOUNDATION 2512 GEORGE MASON DR VIRGINIA BEACH VA 23456 None PC General Operations and Support 5000 VIRGINIA BANKERS ASSOCIATION EDUCATION FOUNDATION 4490 COX ROAD GLEN ALLEN VA 23060 None PC General Operations and Support 3500 VIRGINIA MUSEUM OF CONTEMPORARY ARTS 2200 Parks Ave VIRGINIA BEACH VA 23451 None PC General Operations and Support 15000 WAYNE COUNTY 4 H 3114 WAYNE MEMORIAL DRIVE GOLDSBORO NC 27534 None PC General Operations and Support 2500 WAYNE COUNTY DEVELOPMENT ALLIANCE I PO BOX 1280 GOLDSBORO NC 27533 None PC General Operations and Support 12000 WAYNE HEALTH FOUNDATION PO BOX 8001 GOLDSBORO NC 27533 None PC General Operations and Support 10000 WILMINGTON AREA REBUILDING MINISTRY INC 909 Market St Wilmington NC 28401 None PC General Operations and Support 25000 WILSON FORWARD PO BOX 1764 WILSON NC 27894 None PC General Operations and Support 2000 YMCA OF THE TRIANGLE AREA 801 Corporate Center Drive Ste 200 RALEIGH NC 27607 None PC General Operations and Support 10000 920887 0 900001 14 851983 18 976878 Debt-Financed Income 940 940 1828861 0 1829801 false false false false false false false false false false Professional Fees 50 American AgCredit ACA 250000 232500 Atlantic Union Bankshares Corporation 350181 327155 BANK OZK 250833 191245 Cadence Bank 150226 160942 ConnectOne Bancorp Inc 75000 55500 CORPORATE SECURITIES 2793707 2942398 Dime Community Bancshares Inc 254689 185220 Duke Energy Corp 191788 371954 Ellington Financial Inc 200000 157200 Enterprise Financial Services Corp 187506 127500 Enterprise Financial Services Corp 111060 96203 FELCOR LODGING TR INC 28102 37575 FIFTH THIRD BANK 10989 21798 First Horizon Bank 175000 123250 First Horizon Corportation 149428 177142 First Horizon Natl Corp 100042 86374 Heartland Financial USA Inc 300664 287725 ISHARES TR S&P US PFD 50080 39923 Keycorp 150195 172172 Merchants Bancorp 100000 98940 MET LIFE PFD SER A 24980 23327 Midland States Bancorp Inc 300419 317115 Ocean First Financial Corp Inc 150000 144000 Pacwest Bancorp 150000 139320 Pebblebrook Hotel Trust 50392 47586 Pinnacle Financial Partners Inc Com 353547 346255 Regions Financial Corp 250318 257286 SOUTHERN CO COM 40115 59953 Synovus Finl Corp 231875 248527 Truist Finl Corp 250853 257536 US BANCORP DEL US Bank Pref Ser B 199678 162480 WELLS FARGO & CO NEW PRFD CONV CL A 300850 269015 WesBanco Inc A 50006 47900 Blue Ridge Bankshares (FKA BAY BANKS OF VIRGINIA, INC.) FMV 1137500 1095375 F&M Financial Corporation FMV 100000 93748 First Capital Bancshares Inc FMV 150000 150000 First Carolina Financial Services Inc FMV 500000 500000 First Southwest Corporation FMV FNB CORP (newbridge - yadkin financial) FMV Great Plains Bancshares Inc. FMV 100000 100000 Hancock Whitney Corporation FMV 150118 164592 Harbor One Bancorp Inc. FMV JD Bancshares Inc FMV 100000 100000 JOHN MARSHALL BANCORP INC FMV Midland States Bancorp, Inc. FMV 500000 387440 New York Community Bancorp Inc. FMV 100000 98629 Old Point National Corp FMV 500000 500000 PB FinanciaLCorporation FMV 350000 350000 PB FinanciaLCorporation FMV 150000 150000 United Bancorp, Inc. FMV 100000 97394 Vanguard Fund FMV 3431175 5382986 Village Bank & Trust Financial Corp FMV 200000 200000 Legal Fees 3250 465000 275000 Miscellaneous Expense 9402 Debt-Financed Income 940 Interest Payable -6044 Federal Income Tax Expense 26700