BETA

DUNCAN FAMILY TRUST: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
DUNCAN FAMILY TRUST (EIN 20-0905873)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-10
IRS object ID
202401319349102145
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-10T14:11:41-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FORVIS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11248 O Street STE 1040AddressLine1Txt
CityLincolnCityNm
State AbbreviationNEStateAbbreviationCd
ZIP685081461ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200905873EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Duncan Family TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CINDY MORRISInCareOfNm
Business Name ControlDUNCBusinessNameControlTxt
Phone4024752611PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 81887AddressLine1Txt
CityLincolnCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68501ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCINDY MORRISPersonNm
Person TitleOFFICERPersonTitleTxt
Phone4024752611PhoneNum
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCINDYPersonFirstNm
Person LastMORRISPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKristin TynonPreparerPersonNm
PTINP01063388PTIN
Phone4024737600PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$495,887FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$14,244InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14,244InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$14,344TotalRevAndExpnssAmt
Total Net Invst Incm$14,244TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$1,550AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$1,550AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$155OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$155OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,705TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,705TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$394,900ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$394,900ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$396,605TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$396,605TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$382,261ExcessRevenueOverExpensesAmt
Net Investment Income$14,244NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$878,148CashBOYAmt
Cash EOY$145,887CashEOYAmt
Cash EOYFMV$145,887CashEOYFMVAmt
Sav And Temp Cash Invst BOY$0SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$350,000SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$350,000SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$878,148TotalAssetsBOYAmt
Total Assets EOY$495,887TotalAssetsEOYAmt
Total Assets EOYFMV$495,887TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$878,148RetainedEarningBOYAmt
Retained Earning EOY$495,887RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$878,148TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$495,887TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$878,148TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$495,887TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$878,148TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$382,261ExcessRevenueOverExpensesAmt
Subtotal$495,887SubtotalAmt
Tot Net Ast Or Fund Balances EOY$495,887TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$198InvestmentIncomeExciseTaxAmt
Subtotal$198SubtotalAmt
Tax Based On Investment Income$198TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$198TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CINDY MORRISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4024752611PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 81887AddressLine1Txt
CityLINCOLNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68501ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
J ROBERT DUNCAN
PO Box 81887LincolnNE68501SECRETARY0$0$0$0
D TODD DUNCAN
PO Box 81887LincolnNE68501MEMBER AT LARGE0$0$0$0
CINDY MORRIS
PO Box 81887LincolnNE68501TREASURER0$0$0$0
KAREN K DUNCAN
PO Box 81887LincolnNE68501MEMBER AT LARGE0$0$0$0
CONNIE DUNCAN
PO Box 81887LincolnNE68501VICE PRESIDENT0$0$0$0
KATHERINE DUNCAN
PO Box 81887LincolnNE68501PRESIDENT0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$715,959AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$715,959TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$715,959AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,739CashDeemedCharitableAmt
Net Vl Noncharitable Assets$705,220NetVlNoncharitableAssetsAmt
Minimum Investment Return$35,261MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$35,261MinimumInvestmentReturnAmt
Tax Based On Investment Income$198TaxBasedOnInvestmentIncomeAmt
Total Tax$198TotalTaxAmt
Distributable Before Adj$35,063DistributableBeforeAdjAmt
Distributable Before Ded$35,063DistributableBeforeDedAmt
Distributable As Adjusted$35,063DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$396,605ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$396,605QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$35,063DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$175,934ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$233,407ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$315,145ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$218,052ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$722,948ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,665,486TotalExcessDistributionCyovAmt
Qualifying Distributions$396,605QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$35,063AppliedToCurrentYearAmt
Remaining Distri From Corpus$361,542RemainingDistriFromCorpusAmt
Total Corpus$2,027,028TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$175,934ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,851,094ExcessDistriCyovToNextYrAmt
Excess From Year4$233,407ExcessFromYear4Amt
Excess From Year3$315,145ExcessFromYear3Amt
Excess From Year2$218,052ExcessFromYear2Amt
Excess From Year1$722,948ExcessFromYear1Amt
Excess From Current Year$361,542ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
Asian Community & Cultural Center
144 N 44th Street Ste ALincolnNE68503NONEPCGENERAL OPERATIONS$5,000
BC Field Of Flight
3140 5th AveBattle CreekMI49037nonePCGeneral Operations$3,000
Burma Center
765 Upton AveSpringfieldMI49037nonePCGeneral Operations$500
Cereal City Development Corp
1 McCamly SquareBattle CreekMI49017nonePCGeneral Operations$1,000
Child Advocacy Center
5025 Garland StLincolnNE68504nonePCGeneral Operations$5,000
Community Action Partnership
210 O StLincolnNE68508nonePCGeneral Operations$5,000
Corporate Angel Network
Westchester County AirportWhite PlainsNY10604nonePCGeneral Operations$5,000One Loop Road
El Centro de las Americas
210 O StLincolnNE68508nonePCGeneral Operations$5,000
Foundation For Lincoln Public Schools
5905 O StLincolnNE68510nonePCGeneral Operations$5,000
Gryphon Place
3245 S 8th StKalamazooMI49009nonePCGeneral Operations$1,000
Junior Achievement Of Southwest Michigan
2775 W Dickman Rd CSpringfieldMI49037nonePCGeneral Operations$3,000
Kalamazoo RESA Foundation
1819 E Milham AvenuePortageMI49002nonePCGeneral Operations$52,500
Lincoln Community Foundation
215 Centennial Mall SouthLincolnNE68508nonePCGeneral Operations$110,000
Lincoln Literacy Council
745 S 9th StLincolnNE68508nonePCGeneral Operations$25,000
Nebraska Public Media
1800 N 33rd StLincolnNE68503nonePCGeneral Operations$2,500
Organization Of Black Aerospace Professionals
Western Michigan UniversityKalamazooMI49008nonePCGeneral Operations$2,500
Post Foundation
One Riverwalk CentreBattle CreekMI49017nonePCGeneral Operations$1,24132 W Michigan Ave Ste 1
Provo Education Foundation
280 W 940 NProvoUT84604nonePCGeneral Operations$500
SAC Aerospace Museum
28210 W Park HwyashlandNE68003nonePCGeneral Operations$1,000
School of Missionary Aviation Technology
84 East Sprague RdIoniaMI48846nonePCGeneral Operations$1,000
SLCC Aviation Maintenance Club
4600 S Redwood RdSalt Lake CityUT84123nonePCGeneral Operations$1,500
The Bay
2005 Y StLincolnNE68503nonePCGeneral Operations$25,000
United Way Of LincolnLancaster County
238 S 13th StLincolnNE68508nonePCGeneral Operations$70,659
United Way Of South Central Michigan
34 West Jackson St STE 4BBattle CreekMI49017nonePCGeneral Operations$25,000
United Way of the Midlands - Help Me Grow
1229 Milwork Ave STE 402OmahaNE68102nonePCGeneral Operations$2,500
United Way Of Utah County
148 100 WProvoUT84601nonePCGeneral Operations$25,000
Voces
1346 W Columbia AveBattle CreekMI49015nonePCGeneral Operations$500
YWCA Lincoln
5631 S 48th StlincolnNE68516nonePCGeneral Operations$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$394,900TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,244ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$14,244ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$14,244TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,550Amt
Disbursements Charitable Prps$1,550DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TELEPHONE & INTERNET$127$127
FEES$28$28

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.