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RHY CHARITABLE TR: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RHY CHARITABLE TR (EIN 38-6869248)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-14
IRS object ID
202411359349103276
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)
Return2024-05-14T15:37:37-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410971937PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREDRIKSON & BYRON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 S 6TH ST STE 1500AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554024443ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN386869248EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RHY CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRHYCBusinessNameControlTxt
Phone6124927000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH SIXTH STREET SUITE 1500AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEBRA YAUKPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6124927000PhoneNum
Signature2024-05-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDEBRAPersonFirstNm
Person LastYAUKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L NELSONPreparerPersonNm
PTINP01370507PTIN
Phone6124927000PhoneNum
Preparation2024-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,104,748FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$250,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$5,238InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,238InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$24,801DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,801DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$36,015NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$406,021GrossSalesPriceAmt
Total Rev And Expnss$244,024TotalRevAndExpnssAmt
Total Net Invst Incm$30,039TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$24,996CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$1,750LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$13,643OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$13,643OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$747TaxesRevAndExpnssAmt
Taxes Net Invst Incm$747TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$41,136TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$14,390TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$350,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$350,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$391,136TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$14,390TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$350,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$147,112ExcessRevenueOverExpensesAmt
Net Investment Income$15,649NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$205,846SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$49,417SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$49,417SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$148,420USGovernmentObligationsBOYAmt
US Government Obligations EOY$170,959USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$158,789USGovtObligationsEOYFMVAmt
Corporate Stock BOY$1,310,374CorporateStockBOYAmt
Corporate Stock EOY$1,293,327CorporateStockEOYAmt
Corporate Stock EOYFMV$1,341,421CorporateStockEOYFMVAmt
Corporate Bonds BOY$502,351CorporateBondsBOYAmt
Corporate Bonds EOY$506,176CorporateBondsEOYAmt
Corporate Bonds EOYFMV$555,121CorporateBondsEOYFMVAmt
Total Assets BOY$2,166,991TotalAssetsBOYAmt
Total Assets EOY$2,019,879TotalAssetsEOYAmt
Total Assets EOYFMV$2,104,748TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,166,991NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,019,879NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,166,991TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,019,879TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,166,991TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,019,879TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,166,991TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$147,112ExcessRevenueOverExpensesAmt
Subtotal$2,019,879SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,019,879TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$218InvestmentIncomeExciseTaxAmt
Subtotal$218SubtotalAmt
Tax Based On Investment Income$218TaxBasedOnInvestmentIncomeAmt
Tax Due$218TaxDueAmt

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 StateMNOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOHN NELSONIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH SIXTH STREETAddressLine1Txt
Address Line2SUITE 1500AddressLine2Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
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
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT H YAUK
60 SOUTH 6TH STREET SUITE 1500MINNEAPOLISMN55402TRUSTEE000.00$0$0$0
DEBRA YAUK
60 SOUTH 6TH STREET SUITE 1500MINNEAPOLISMN55402TRUSTEE10.00$24,996$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,021,433AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$127,632AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,149,065TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,149,065AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$32,236CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,116,829NetVlNoncharitableAssetsAmt
Minimum Investment Return$105,841MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$105,841MinimumInvestmentReturnAmt
Tax Based On Investment Income$218TaxBasedOnInvestmentIncomeAmt
Total Tax$218TotalTaxAmt
Distributable Before Adj$105,623DistributableBeforeAdjAmt
Distributable Before Ded$105,623DistributableBeforeDedAmt
Distributable As Adjusted$105,623DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$350,000ExpensesAndContributionsAmt
Qualifying Distributions$350,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$105,623DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$76,726ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$179,285ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$174,200ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$165,139ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$595,350TotalExcessDistributionCyovAmt
Qualifying Distributions$350,000QualifyingDistributionsAmt
Applied To Current Year$105,623AppliedToCurrentYearAmt
Remaining Distri From Corpus$244,377RemainingDistriFromCorpusAmt
Total Corpus$839,727TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$76,726ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$763,001ExcessDistriCyovToNextYrAmt
Excess From Year4$179,285ExcessFromYear4Amt
Excess From Year3$174,200ExcessFromYear3Amt
Excess From Year2$165,139ExcessFromYear2Amt
Excess From Current Year$244,377ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MAYO CLINIC DEPARTMENT OFBusinessNameLine1Txt
Business Name Line2DEVELOPMENTBusinessNameLine2Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1200 FIRST ST SWAddressLine1Txt
CityROCHESTERCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55905ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL USE OF CHARITYGrantOrContributionPurposeTxt
Amt$350,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$350,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,238ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24,801ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$36,015ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$5,976ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$5,976TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonROBERT H YAUKContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line160 S 6TH STREET SUITE 1500AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Total Contributions$250,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
PUBLICLY TRADED SECURITIESPURCHASE$36,093$35,851$242
PUBLICLY TRADED SECURITIESPURCHASE$369,859$406,185-$36,326
CAPITAL GAIN DISTRIBUTIONSPURCHASE$69$69

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
WELLSFARGO BONDS$157,064$145,075
WELLSFARGO CERTIFICATES OF DEPOSIT$349,112$410,046

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockWELLS FARGO ACCOUNTStockNm
EOY Book Value$1,293,327EOYBookValueAmt
EOYFMV$1,341,421EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$170,959USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$158,789USGovtObligationsEOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$1,750LegalFeesAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT EXPENSESCategoryTxt
Amt$13,643Amt
Net Investment Income$13,643NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
TAX ON INVESTMENT INCOME$251$251
FOREIGN TAXES$496$496

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