Orange County NC Website
orm 990 or REBUTLD]NG ETHER OF THE TR]ANGLE 56-1 629 <br />r ons <br />Check here if the organization satisfied the lntegral Part Test as a qualifying trust on Nov. 20, 1970 ( explain rn Part Vl). See instructions. <br />All other Type lll non-functionaliv inteqrated su tions must complete Sections A throuqh E <br />Section A - Adjusted Net lncome (B) Cunent Year <br />(optional) <br />Net shorl-term capital <br />2 Recoveries of prior distributions <br />ther qross income see instruct <br />Add lines 1 <br />eciation and <br />6 Porlion of operating expenses paid or incurred for prodr:ction or <br />collection of gross income or for management, conservation, or <br />tenance of tion of itlcome <br />Other expenses (see instruct <br />Net lncome (subtr lines 5, 6 and 7 from line 4 <br />Section B - Minimum Asset Amount (B) Current Year <br />(optional) <br />1 Aggregate fair market value of all non.exempt-use assets (see <br />for short tax Vear or as <br />month <br />hel <br />cash balances <br />Fair market value of other -use assets <br />d Total (add lines 1a,.1 b, and <br />e Discount claimed for blockage or other factors <br />sition indebtedrress to non-e <br />3 Subtract line 2 from line 1d <br />4 Cash deemed held for exempt use.Enter 0.015 of line 3 (for greater amount, <br />see instruction <br />value of non-exe act line 4 from <br />b Aver <br />6 MLrl line 5 <br />Section C - Distributable Amount <br />line 7 to <br />Current Year <br />ed net income from Section line B, column <br />2 Enter 0.85 of line 1 <br />asset amount for from Section column <br />4 Enter line 2 or line 3. <br />Distributable Amount. Subtract line 5 from line 4, unless subject to <br />reduction (see instructiont-I I check here if the current year is the organization's first as a non-functjonally integrated Type lll suppofting organization (see <br />Schedule A (Form 990 or 990-EZ) 2020 <br />032026 01-25-21 <br />DocuSign Envelope ID: E86DD11C-7C3F-4DD6-97F0-CADB5D52D35A