2024-11-08T15:05:39-06:00 2023-12-31 640809101 HARPER RAINS KNIGHT & COMPANY PA 1052 HIGHLAND COLONY PKWY STE 100 RIDGELAND MS 39157 990 2023-01-01 582340181 THE JOSEPH C BANCROFT CHARITABLE AND EDUCATIONAL FUND JOSE 6016846121 PO BOX 826 MCCOMB MS 396490826 GERALD M ABDALLA DIRECTOR 6016846121 2024-11-08 1 0 FRANK BRADSHAW CPA P00970680 6016050722 2024-11-08 2023 2024-10-15 13:58:12Z GERALD M ABDALLA PO BOX 826 MCCOMB MS 39649 6232367 0 X N/A X 1997 DE TO SUPPORT CHARITABLE AND EDUCATIONAL ORGANIZATIONS 4 0 0 0 0 0 225726 220155 0 0 5954541 5940005 1296 1313 6181563 6161473 1352000 1407428 0 0 752500 767500 0 0 0 2330370 2606605 4434870 4781533 1746693 1379940 193902263 200978348 16751747 19262950 177150516 181715398 X TO SUPPORT ITS SPECIFIED PUBLICLY SUPPORTED SECTION 501(C)(3) BENEFICIARY, THE CROFT INSTITUTE FOR INTERNATIONAL STUDIES, AND OTHER CHARITABLE AND EDUCATIONAL SECTION 501(C)(3) ORGANIZATIONS WHICH SUPPORT AND FURTHER THE EXEMPT CHARITABLE AND EDUCATIONAL PURPOSES OF THE CROFT INSTITUTE. 0 0 1924928 1157428 CROFT INSTITUTE FOR INTERNATIONAL STUDIES - THE FUND CONTRIBUTES A SUBSTANTIAL PORTION OF THE COST TO OPERATE THE INSTITUTE. THE CROFT INSTITUTE FOR INTERNATIONAL STUDIES, A 501(C)3 ORGANIZATION, PROVIDES FOR THE STUDY OF INTERNATIONAL CULTURES, BUSINESSES, LANGUAGES, POLITICS AND OTHER AFFAIRS THROUGH ITS AFFILIATION WITH THE UNIVERSITY OF MISSISSIPPI. THE INSTITUTE'S PRINCIPAL OBJECTIVE IS TO PREPARE STUDENTS FOR A FUTURE OF GLOBAL INTERDEPENDENCE AMONG NATIONS, BUSINESSES AND OTHER SOCIETAL INSTITUTIONS. 250000 250000 UNIVERSITY OF MISSISSIPPI SCHOOL OF ACCOUNTANCY - FOR CONSTRUCTION OF THE PATTERSON SCHOOL OF ACCOUNTANCY. 2174928 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MS X X TOM ABDALLA 6016846121 107 EMMERICH DR MCCOMB MS 39648 ROBERT M BIRD DIRECTOR 30.00 X X 145000 0 0 TOM A ABDALLA DIRECTOR, SEC & TREAS 60.00 X X 145000 0 0 GERALD M ABDALLA JR DIRECTOR 50.00 X 332500 0 0 GERALD M ABDALLA PRESIDENT, DIRECTOR 50.00 X X 145000 0 0 767500 0 0 4 0 1 0 0 220155 220155 6010899 6010899 1313 1313 70894 -70894 -70894 -70894 6161473 -70894 0 6012212 1407428 1407428 767500 767500 16125 16125 40852 40852 475 475 744 744 CROFT HOLDING G&A COSTS 2511203 2511203 MISCELLANEOUS 37206 37206 4781533 2174928 2606605 0 25270967 8793405 25320000 28320000 143311296 163864943 193902263 200978348 16751747 19262950 16751747 19262950 X 0 0 0 0 177150516 181715398 177150516 181715398 193902263 200978348 X 1379940 5261133 -2076191 X X 0 0 0 X X X 1 THE CROFT INSTITUTE FOR INTERNATIONAL STUDIES 582340046 2 1 1155578 0 1 1155578 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2333939 C STOCK 82213796 F TREASURY & FEDERAL AGENCIES 78496538 F INTEREST RECEIVABLE 820670 C 163864943 DUE TO AFFILIATES 19262950 19262950 X PART X, LINE 2: IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, THE COMPANY HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. ALL TAX PERIODS AFTER 2019 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE COMPANY IS SUBJECT. 1 CROFT INSTITUTE FOR INTERNATIONAL STUDIES UNIVERSITY OF MISSISSIPPI UNIVERSITY MS 38677 582340046 501(C)(3) 1155578 0 FMV OPERATIONAL SUPPORT UNIVERSIFY OF MISSISSIPPI SCHOOL OF ACCOUNTING UNIVERSITY OF MISSISSIPPI UNIVERSITY MS 38677 646001159 501(C)(3) 250000 0 FMV OPERATIONAL SUPPORT PART I, LINE 2: IN ACCORDANCE WITH THE ORGANIZATION'S POLICES, PROSPECTIVE GRANTEES SUBMIT APPLICATIONS DETAILING FUNDING REQUESTS, THE INTENDED PURPOSES FOR ANY REQUESTED FUNDING, AND USAGE REPORTING MECHANISMS. THE ORGANIZATION'S BOARD REVIEWS ALL FUNDING REQUESTS AND DECIDES WHICH APPLICANTS SHOULD RECEIVE FUNDING. ONCE APPROVED, A BOARD MEMBER IS ASSIGNED TO THE APPLICANT TO GATHER FUNDING USAGE INFORMATION AND TO ENSURE THAT FUNDS ARE USED APPROPRIATELY. 1 X X X X 0 0 0 0 0 0 0 0 0 GERALD M ABDALLA JR DIRECTOR 332500 0 0 0 0 0 0 0 0 0 332500 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 GERALD M. ABDALLA AND GERALD M. ABDALLA, JR. - FATHER AND SON GERALD M. ABDALLA AND TOM A. ABDALLA - FATHER AND SON GERALD M. ABDALLA, JR. AND TOM A. ABDALLA - BROTHERS FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CHAIRMAN OF THE BOARD BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER SIGNS A STATEMENT STATING THAT THERE ARE NO CONFLICTS WITH THE ORGANIZATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 A PERIODIC REVIEW OF THE COMPENSATION POLICIES OF THE ORGANIZATIONS AND ITS AFFILIATES IS PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTING FIRM. THE FINDINGS OF THE REVIEW ARE THEN APPROVED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED IN MARCH 2018. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS AT THE ORGANIZATION'S OFFICE. FORM 990, PART XI, LINE 9: EQUITY INCOME FROM SUBSIDIARY CROFT LLC -2,076,191. FORM 990, PART XI, LINE 2C THERE HAVE BEEN NO CHANGES FROM PRIOR YEAR IN THE WAY THAT THE AUDIT COMMITTEE SELECTS AND SUPERVISES THE WORK OF THEIR INDEPENDENT AUDITOR. CROFT HOLDINGS LLC PO BOX 826 MCCOMB MS 39649 582340181 INVESTING MS 4011554 100428749 CROFT LLC CROFT INSTITUTE FOR INTERNATIONAL STUDIES UNIVERSITY OF MISSISSIPPI UNIVERSITY MS 38677 582340046 PROMOTION OF INTERNATIONAL STUDIES MS 501(C)(3) 170(B)(1) (A)(II) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 CROFT INSTITUTE FOR INTERNATIONAL STUDIES B 1155578