THE TAYLOR FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE TAYLOR FOUNDATION (EIN 45-4904514)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-14
- IRS object ID
- 202431359349105483
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T16:27:38-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454904514 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Taylor Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TAYL | BusinessNameControlTxt |
| Phone | 5076252828 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Dr | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Glen A Taylor | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 5076252828 | PhoneNum |
| Signature | 2024-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Glen | PersonFirstNm |
| Person Last | Taylor | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2024-05-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,746,761 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $10,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $32,424 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,858 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,999,483 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,007,577 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,999,483 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $12,031,907 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,031,341 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,487 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,487 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $112 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $46 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,774 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,533 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,175 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $15,774 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,533 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,175 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $12,016,133 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,027,808 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,934 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $138,226 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $138,226 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,803,041 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,938,895 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $202,968 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,963,962 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,669,640 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $209,902 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,905,229 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,746,761 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $209,902 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,905,229 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $209,902 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,905,229 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $209,902 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,905,229 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $209,902 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $12,016,133 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,226,035 | SubtotalAmt |
| Other Decreases | $3,320,806 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,905,229 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly Traded Securities | $71,665 | $70,239 | $1,426 | $1,426 |
| Publicly Traded Securities | $3,935,912 | $1,937,855 | $1,998,057 | $1,998,057 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,999,483 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,187 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,187 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,187 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $4 | EsPenaltyAmt |
| Tax Due | $28,191 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Glen A Taylor | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5076252828 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Drive | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Glen A Taylor | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| Rebecca L Taylor- Director Grant | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Committee Member (as of Nov. '23) | 0.50 | $0 | $0 | $0 |
| Megan Mulvihill- Director Grant | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Committee Member (as of Nov. '23) | 0.50 | $0 | $0 | $0 |
| Therese A Taylor- Director Grant | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Committee Member (as of Nov. '23) | 0.50 | $0 | $0 | $0 |
| Robert D Nelson- Director Grant | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Committee Member (as of Nov. '23) | 0.50 | $0 | $0 | $0 |
| Nancy Zallek- Director Grant | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Committee Member (as of Nov. '23) | 0.50 | $0 | $0 | $0 |
| David Krause- Director Grant | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Committee Member (as of Nov. '23) | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,435,103 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,398 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,462,501 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,462,501 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $36,938 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,425,563 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $121,278 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $121,278 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,187 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,187 | TotalTaxAmt |
| Distributable Before Adj | $93,091 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $93,091 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $93,091 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,175 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $12,175 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $93,091 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $5,208 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $12,175 | QualifyingDistributionsAmt |
| Applied To Year1 | $5,208 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,967 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $86,124 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Glen A Taylor | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Glen A Taylor | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Drive | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5076252828 | RecipientPhoneNum |
| Form And Info And Materials | Letter to Foundation Grant Committee describing nature of request. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Feeding Our Communities Partners | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2120 Howard Drive W Suite F | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Operations | GrantOrContributionPurposeTxt |
| Amt | $10,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $32,424 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,999,483 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,031,907 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,031,907 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Glen A Taylor | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Drive | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | Ishares Russell 1000 Growth | $2,046,887 | 2023-10-27 |
| 1 | SPDR Portfolio S&P 500 G | $918,307 | 2023-10-27 |
| 1 | SPDR S&P 500 ETF Trust | $6,893,264 | 2023-10-27 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $2,150 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,150 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (216 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ANSYS Inc | $4,052 | $5,080 |
| Abbott Labs | $6,300 | $6,824 |
| Abbvie Inc | $15,167 | $16,427 |
| Accenture Plc | $35,959 | $38,600 |
| Air Products&Chem | $23,811 | $22,999 |
| Akamaj Technologies Inc | $4,684 | $4,971 |
| Albany Intl CRP | $1,306 | $1,473 |
| Albemarle Corp | $3,157 | $3,612 |
| Amadeus IT Group | $8,197 | $8,959 |
| Ambev SA | $5,706 | $5,774 |
| Amer Express Company | $22,616 | $26,040 |
| American Tower Reit | $10,736 | $11,442 |
| Amgen Inc | $9,191 | $9,793 |
| Amn Elec Power Co | $23,678 | $23,960 |
| Analog Devices Inc | $40,239 | $45,470 |
| AON PLC Reg | $30,196 | $27,065 |
| Apple Inc | $25,284 | $26,377 |
| ArchRock Inc | $4,916 | $5,298 |
| Arrow Electronics | $4,103 | $4,156 |
| Ase Technology | $8,721 | $9,824 |
| Asml Holding N.V Ord | $6,666 | $7,530 |
| AT&T Inc | $10,543 | $10,404 |
| Bae Systems PLC | $8,044 | $8,451 |
| Baidu Inc | $4,999 | $5,240 |
| Banco Bradesco | $4,630 | $5,051 |
| Bancolombia | $4,798 | $5,354 |
| Barclays | $6,205 | $6,959 |
| Becton Dickinson | $24,228 | $23,895 |
| Berkshire Hathaway Inc | $32,321 | $32,456 |
| Bio Rad Labs | $2,983 | $3,229 |
| Borg Warner Inc | $2,854 | $3,047 |
| Boston PPTYS | $1,005 | $1,193 |
| Boston Scientific Corp | $7,568 | $8,093 |
| Box Inc | $3,518 | $3,483 |
| Bristol-Myers Squibb Co | $12,231 | $12,160 |
| Broadcom Inc | $17,272 | $21,207 |
| Byd Company Ltd | $5,124 | $4,915 |
| Cabot Corp | $3,259 | $3,757 |
| Canadian Natl Railway Co | $7,215 | $7,915 |
| Capgemini | $7,335 | $7,715 |
| Carnival Corp | $4,661 | $6,118 |
| Cbre Group Inc | $4,869 | $5,772 |
| Centene Corp | $2,960 | $3,043 |
| Centerpoint Energy | $12,959 | $12,828 |
| CF Inds Hldgs Inc | $5,792 | $5,883 |
| Charles River Labs Intl | $4,026 | $4,964 |
| Check Point Softwre Tech | $6,931 | $7,487 |
| Chevron Corp | $16,507 | $17,153 |
| China Life Ins Co Ltd | $3,105 | $2,845 |
| Chubb Ltd | $23,916 | $24,182 |
| Cigna Groupe | $36,636 | $37,132 |
| Cirrus Logic Inc | $3,135 | $3,577 |
| Cisco Systems Inc | $7,340 | $7,376 |
| Citigroup Inc | $12,729 | $14,712 |
| Cme Group Inc | $17,748 | $17,480 |
| Comcast Corp | $60,808 | $62,618 |
| Conch Cement Co | $709 | $654 |
| Conmed Corp | $3,483 | $3,614 |
| Conocophillips | $51,951 | $51,587 |
| Constellation Brands Inc | $15,507 | $15,472 |
| Continental AG | $5,998 | $6,975 |
| Copt Defence Propoerties | $1,242 | $1,307 |
| Cracker Barel Old Countr | $1,236 | $1,387 |
| D F Horton Inc | $4,001 | $4,863 |
| Darden Restaurants Inc | $3,871 | $4,107 |
| DBS Group Holdings LTD | $6,638 | $6,839 |
| Deere Co | $6,350 | $6,798 |
| Denso Corp | $7,737 | $7,332 |
| Diageo | $7,181 | $6,918 |
| Diageo PLC SPSD ADR | $16,146 | $15,440 |
| Diodes Inc | $3,020 | $3,543 |
| DNB Bank ASA | $6,929 | $7,784 |
| Dominion Energy Inc | $16,753 | $17,719 |
| Dte Energy Company | $25,910 | $27,455 |
| Duke Energy Corp | $63,695 | $67,249 |
| Dupont De Nemours | $16,633 | $18,002 |
| Eastman Chemical Co | $3,576 | $3,952 |
| Eaton Corp | $15,908 | $17,098 |
| Ecopetrol SA Spon | $3,292 | $3,123 |
| Eli Lilly & Co | $10,997 | $11,075 |
| Emerson Elec Co | $8,217 | $8,760 |
| Entain Plc | $5,078 | $5,995 |
| Eog Resources Inc | $8,962 | $8,587 |
| Equinor ASA | $8,841 | $8,638 |
| Erste Group Bank AG | $7,644 | $7,912 |
| Eurofins Scientific SE | $4,207 | $4,756 |
| Everst Group LTD | $7,541 | $6,718 |
| Exelon Corporation | $30,652 | $27,499 |
| Exxon Mobil Corp | $43,421 | $41,292 |
| FirstCash Hldgs Inc | $3,554 | $3,468 |
| Formfactor Inc | $3,226 | $3,796 |
| Franco Nev Corp | $7,965 | $7,424 |
| Freeport-McMorgan Inc | $8,208 | $9,451 |
| Gallagher Arther J & Co | $14,773 | $13,943 |
| Gatx Corporation | $5,072 | $5,530 |
| Genl Dynamics Group | $24,413 | $25,707 |
| Genuine Parts Co | $5,767 | $5,955 |
| Gilead Sciences Inc Com | $13,586 | $13,772 |
| Grupo Finciero Banorte | $10,199 | $10,951 |
| Halma PLC | $5,742 | $6,522 |
| HDFC Bank LTD | $5,825 | $6,577 |
| Heineken NV | $5,648 | $6,195 |
| Hershey Company | $5,706 | $5,593 |
| Hexcel Corp New Com | $4,407 | $4,794 |
| Hitachi Corp | $8,333 | $8,873 |
| Hologic Inc | $4,681 | $4,787 |
| Home Depot Inc | $8,358 | $9,357 |
| Honewell Intl Inc | $36,403 | $39,425 |
| Houlihan Lokey Inc | $5,068 | $5,636 |
| Huntington Ingalls Inds | $3,534 | $3,895 |
| ICICI Bank Ltd | $6,972 | $7,247 |
| Icon Plc | $10,889 | $11,606 |
| Illinois Tool Works Inc | $18,699 | $20,431 |
| Insperity Inc | $4,791 | $5,040 |
| Intercontinental | $10,594 | $12,201 |
| Intertek Group PLC | $5,695 | $6,171 |
| Intl Business Machines | $15,887 | $16,355 |
| Johnson and Johnson Com | $62,749 | $63,636 |
| JPMorgan Chase & Co | $70,880 | $80,627 |
| Julius Baer Gruppe AG | $5,508 | $5,378 |
| Kenvue Inc | $25,509 | $27,063 |
| Keycorp New | $986 | $1,238 |
| KKR & CO Inc | $17,053 | $20,795 |
| Kla Corp | $35,179 | $38,947 |
| Kroger Co | $12,472 | $12,662 |
| Las Vegas Sands Corp | $7,967 | $8,169 |
| Leonardo Spa | $8,639 | $8,991 |
| Lowe's Companies Inc | $38,480 | $42,952 |
| Magna Intl Inc | $4,749 | $5,022 |
| Marriott Intl Inc | $12,531 | $14,207 |
| Marsh & Mclennan Cos Inc | $22,409 | $21,789 |
| Mastercard inc | $12,928 | $13,648 |
| McKesson Corporation Com | $29,664 | $29,631 |
| Merck and Co Inc | $47,689 | $50,149 |
| Merck KGAA | $7,745 | $7,284 |
| Microsoft Corp | $24,471 | $25,195 |
| Mondelez International | $22,621 | $23,467 |
| Monolithic Pwr Systems | $5,239 | $6,308 |
| Moody's Corp | $8,200 | $8,983 |
| Moog inc | $5,051 | $5,357 |
| Morgan Stanley | $19,530 | $23,219 |
| MTU AERO Engines AG | $5,563 | $5,807 |
| Murata MFG CO | $5,732 | $6,199 |
| Myriad Genetics Inc | $2,589 | $2,756 |
| Nasdaq OMX GRP Inc | $16,972 | $18,663 |
| Nestles A Rep | $22,600 | $23,242 |
| Newmont Corporation | $21,716 | $22,599 |
| Nippon Sanso Holding Cor | $9,080 | $8,919 |
| Norsk Hydro ASA | $6,302 | $7,159 |
| Northrop Grumman Corp | $32,407 | $31,834 |
| Novartis ADR | $5,913 | $6,260 |
| NXP Semiconductors N.V | $10,970 | $13,092 |
| On Semiconductor CRP Com | $5,427 | $6,432 |
| Paccar Inc | $10,273 | $11,230 |
| Papa Johns Intl Inc | $3,752 | $4,269 |
| Penn Entertainment Inc | $3,115 | $3,383 |
| Pepsico Inc | $31,987 | $32,270 |
| Petrleo Bras VTG SPD | $3,615 | $3,721 |
| Pfizer Inc | $52,974 | $50,843 |
| Philip Morris Intl | $9,133 | $9,220 |
| Pioneer Natural Res Co | $7,316 | $6,522 |
| PNC Fincl Services Group | $27,851 | $32,983 |
| Procter & Gamble Co | $44,332 | $42,790 |
| Progressive CRP Ohio | $30,064 | $30,104 |
| Prologis Inc | $28,187 | $33,458 |
| Prysmian S.P.S. Milano | $7,680 | $8,595 |
| Qiagen NV Reg | $2,906 | $3,127 |
| Raymond James Finl Inc | $4,503 | $4,795 |
| Regeneron Pharmactcls | $14,728 | $15,809 |
| Reinsurnce Group America | $5,525 | $5,662 |
| Relx PLC | $7,353 | $7,731 |
| Relx PLC Reg | $7,952 | $8,547 |
| Republic Services Inc | $3,796 | $3,958 |
| Restaurant Brands Intl | $7,658 | $8,594 |
| Rio Tinto PLC Spnsrd ADR | $22,919 | $24,870 |
| Roche Holdings Genush FN | $5,131 | $5,520 |
| RTX Corp | $27,609 | $27,850 |
| Ryder System Inc | $4,482 | $4,948 |
| S&P Global Inc | $4,068 | $4,405 |
| Safran SA | $10,660 | $10,921 |
| SBA Communications Corp | $4,304 | $4,566 |
| Secom CO Ltd | $3,213 | $3,241 |
| Sempra | $31,633 | $32,358 |
| Shanghai Fosun Pharmaceu | $1,225 | $1,110 |
| Shell PLC | $8,768 | $8,789 |
| Smith A O Corp Del | $5,429 | $6,018 |
| Snap On Inc Com | $4,953 | $4,801 |
| Sociedad Q&M Chle SpdAdr | $3,551 | $4,155 |
| Sonoco Products Co | $3,941 | $3,967 |
| Southern Company | $24,399 | $24,121 |
| Spirit Aerosystems Hldgs | $3,582 | $4,227 |
| Stericycle Inc | $2,623 | $3,221 |
| Stryker Corp | $30,207 | $31,443 |
| Taiwan S Manufcturing | $9,219 | $10,088 |
| Target Corp | $19,539 | $22,502 |
| TE Connectivity LTD | $13,243 | $14,331 |
| Teledyne Tech Inc | $5,118 | $5,802 |
| Texas Instruments | $10,422 | $11,421 |
| The Mosaic Company | $6,649 | $6,824 |
| Travelsky Technology LTD | $4,122 | $4,232 |
| Unilever PLC | $3,651 | $3,682 |
| Union Pacific Corp | $25,551 | $28,246 |
| Unitedhealth Group Inc | $28,706 | $27,903 |
| Verizon Communictns | $14,062 | $14,251 |
| Visa Inc | $15,327 | $15,881 |
| Vonovia SE | $792 | $950 |
| Walmart Inc | $35,876 | $35,314 |
| Webster Finl CP PV | $3,041 | $3,502 |
| WEC Energy Group Inc | $1,012 | $1,010 |
| Wheaton Precious Metals | $11,663 | $12,286 |
| Williams Companies DEL | $6,915 | $6,618 |
| Woodward Inc | $4,805 | $4,901 |
| Yum China Holdings Inc | $10,396 | $9,801 |
| Zimmer Biomet HoldI | $13,542 | $14,604 |
| Zoetis Inc | $4,974 | $5,724 |
| 3M Company | $11,239 | $12,681 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Alps Core Cmdy Mgt | AT COST | $51,938 | $51,192 |
| JPMorgan Mortgage -Backed | AT COST | $33,974 | $32,210 |
| Vanguard Short-term Treasury | AT COST | $106,866 | $107,479 |
| Ishares 0 to 3 months | AT COST | $18,020 | $18,049 |
| Ishares Core S&P Small | AT COST | $85,298 | $95,693 |
| Ishares Russell 1000 | AT COST | $235,852 | $488,710 |
| SPDR Portfolio S&P 500 G | AT COST | $129,508 | $209,233 |
| SPDR S&P 500 ETF Trust | AT COST | $1,299,575 | $2,032,426 |
| Vanguard Mid-Cap ETF | AT COST | $84,535 | $91,660 |
| Vanguard Growth ETF | AT COST | $43,729 | $45,388 |
| Vanguard FTSE Emerging | AT COST | $431,459 | $441,619 |
| Vanguard FTSE Developed | AT COST | $384,912 | $407,007 |
| Ishares Russell 1000 | AT COST | $471,997 | $978,027 |
| SPDR Portfolio S&P 500G | AT COST | $258,976 | $418,401 |
| SPDR S&P 500 ETF Trust | AT COST | $2,327,323 | $3,252,546 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Appreciation of donated stock | Desc |
| Amt | $3,320,806 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MN Filing Fee | Desc |
| Revenue And Expenses Per Books | $25 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $3,487 | Amt |
| Net Investment Income | $3,487 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Taxes Paid | $66 | $0 | $0 |
| Foreign Taxes Paid | $46 | $46 | $0 |
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