BRASS FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BRASS FAMILY FOUNDATION (EIN 20-8084679)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-29
- IRS object ID
- 202441509349100704
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-29T08:01:08-05:00 | 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 | 345 N Reid Pl Ste 400 | AddressLine1Txt |
| City | Sioux Falls | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 571037034 | 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 | 208084679 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Brass Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRAS | BusinessNameControlTxt |
| Phone | 6057595547 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278th Street | AddressLine1Txt |
| City | Lennox | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57039 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lorin Brass | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6057595547 | PhoneNum |
| Signature | 2024-05-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Lorin | PersonFirstNm |
| Person Last | Brass | 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 | Laurie Hanson CPA | PreparerPersonNm |
| PTIN | P00851848 | PTIN |
| Phone | 6053391999 | PhoneNum |
| Preparation | 2024-05-23 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,246,464 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,449 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,449 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $76,552 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $76,552 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$11,895 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,642,104 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $69,106 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $81,001 | 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 | $3,287 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,643 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,644 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $20,421 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $20,421 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $978 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $278 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $24,686 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,342 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,644 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $100,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $100,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $124,686 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,342 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $101,644 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$55,580 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $58,659 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $299,580 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | -$76,864 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | -$76,864 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $122,599 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $123,825 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $167,383 | CorporateStockBOYAmt |
| Corporate Stock EOY | $148,073 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $183,966 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,718,535 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,934,422 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,015,537 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,185,498 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,128,230 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,246,464 | 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 | $2,185,498 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,128,230 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,185,498 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,128,230 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,185,498 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,128,230 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,185,498 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$55,580 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,044 | OtherIncreasesAmt |
| Subtotal | $2,131,962 | SubtotalAmt |
| Other Decreases | $3,732 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,128,230 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly Traded Securities | P | $834,901 | $845,467 | -$10,566 | -$10,566 |
| Publicly Traded Securities | P | $806,204 | $808,532 | -$2,328 | -$2,328 |
| Capital Gains Dividends | P | $999 | $999 | $999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$11,895 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $815 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $815 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $815 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $777 | 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 | $777 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $38 | 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 | 0 | 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 | SD | 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 |
| Individual With Books | Lorin L Brass | IndividualWithBooksNm |
| Phone | 6057595547 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278th Street | AddressLine1Txt |
| City | Lennox | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57039 | 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 |
|---|---|---|---|---|---|---|---|---|
| Lorin L Brass | ||||||||
| 46652 278th Street | Lennox | SD | 57039 | President | 4.00 | $0 | $0 | $0 |
| Adam Brand | ||||||||
| 429 NW 11th Street Apt 9 | Oklahoma City | OK | 731033926 | Vice President | 1.00 | $0 | $0 | $0 |
| Jennifer L Brand | ||||||||
| 429 NW 11th Street Apt 9 | Oklahoma City | OK | 731033926 | Secretary | 1.00 | $0 | $0 | $0 |
| Mary H Brass | ||||||||
| 46652 278th Street | Lennox | SD | 57039 | Treasurer | 4.00 | $0 | $0 | $0 |
| Brian D Shephard | ||||||||
| 1790 Holton Street | Falcon Heights | MN | 551136224 | Trustee | 4.00 | $0 | $0 | $0 |
| Mary G Brass | ||||||||
| 1693 Grove Street 2R | Ridgewood | NY | 11385 | Trustee | 1.00 | $0 | $0 | $0 |
| Katherine M Shephard | ||||||||
| 1790 Holton Street | Falcon Heights | MN | 551136224 | Trustee | 1.00 | $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 | $2,129,465 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $106,853 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,236,318 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,236,318 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,545 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,202,773 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $110,139 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $110,139 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $815 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $815 | TotalTaxAmt |
| Distributable Before Adj | $109,324 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $109,324 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $109,324 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $101,644 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $101,644 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $109,324 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $9,554 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,554 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $101,644 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $101,644 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $7,680 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $7,680 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,874 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,874 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $1,874 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Lorin L Brass | ContributingManagerNm |
| Contributing Manager | Mary H Brass | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Lorin L Brass | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278th Street | AddressLine1Txt |
| City | Lennox | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6057595547 | RecipientPhoneNum |
| Form And Info And Materials | Contact Lorin Brass at 605-759-5547 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| First Tee of South Dakota | |||||||
| 2604 West Russell STreet | Sioux Falls | SD | 57104 | N/A | PC | General Assistance | $12,000 |
| Franciscan Sisters of Little Falls | |||||||
| 116 8th Avenue SE | LIttle Falls | MN | 56345 | N/A | PC | General Assistance | $5,000 |
| Rapid City Newman Center | |||||||
| 316 E Kansas City St | Rapid City | SD | 57701 | N/A | PC | General Assistance | $14,000 |
| SD Mines Center for Alumni Relations and Advancement (CARA) | |||||||
| 501 East Saint Joseph Street | Rapid City | SD | 577013995 | N/A | PC | General Assistance | $47,000 |
| South Dakota Humanities Council | |||||||
| 1215 Trail Ridge Rd | Brookings | SD | 57006 | N/A | PC | General Assistance | $10,000 |
| Crazy Horse Memorial Foundation | |||||||
| 12151 Avenue of the Chiefs | Crazy Horse | SD | 57730 | N/A | PC | General Assistance | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $100,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,449 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $76,552 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$11,895 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $69,106 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $69,106 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $3,287 | Amt |
| Net Investment Income | $1,643 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,644 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (32 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Abbvie Inc com | $4,533 | $7,439 |
| Accenture Plc Ireland Class shs | $4,534 | $6,667 |
| Apple Inc Com | $4,501 | $6,931 |
| Bank of America Corporation Com | $4,568 | $4,310 |
| Caterpillar Inc Com | $3,489 | $4,731 |
| Chevron Corp New Com | $4,396 | $3,580 |
| Cisco Systems Inc | $4,240 | $5,103 |
| Coca Cola Company | $5,090 | $6,247 |
| Comcast Corp | $3,459 | $4,780 |
| Consolidated Edison Inc Com | $5,036 | $6,277 |
| Enbridge Inc Com | $5,096 | $5,619 |
| Exxon Mobil Corp Com | $3,403 | $8,298 |
| General Dynamics Corp Com | $4,398 | $7,530 |
| Home Depot Inc Com | $4,868 | $5,891 |
| Honeywell Intl Inc Com | $4,476 | $5,662 |
| International Business Machs Corp Com | $4,794 | $6,542 |
| Johnson & Johnson Com | $6,705 | $6,897 |
| JP Morgan Chase & Co Com | $4,722 | $5,783 |
| Lockheed Martin Corp Com | $4,729 | $5,439 |
| McDonalds Corp | $4,897 | $6,820 |
| Medtronic Plc SHS | $4,534 | $3,625 |
| Merck & Co Inc New Com | $4,822 | $6,432 |
| Microsoft Corp Com | $3,462 | $6,017 |
| Pepsico Inc Com | $5,086 | $6,284 |
| Pfizer Inc Com | $4,836 | $3,829 |
| Proctor & Gamble Co Com | $5,010 | $5,275 |
| Qualcomm Inc | $5,093 | $6,364 |
| Southern Co Com | $5,097 | $6,801 |
| United Parcel Svc Inc CL B | $3,656 | $3,616 |
| Verizon Communications Inc Com | $5,533 | $3,506 |
| Walmart Inc Com | $4,442 | $5,360 |
| RTX Corporation Com USD | $4,568 | $6,311 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $122,599 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $123,825 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Crown Castle Intl Corp New Com | AT COST | $4,828 | $3,571 |
| GQG Partners Global Quality Fund | AT COST | $73,764 | $103,818 |
| JP Morgan Core Bond Fund Class A | AT COST | $281,414 | $268,043 |
| Morgan Stanley Global Franchise | AT COST | $69,554 | $93,786 |
| Putnam Short Duration Income Fund Class Y | AT COST | $98,580 | $99,267 |
| Realty Income Corp Com | AT COST | $4,368 | $4,019 |
| The Hartford International Value Fund Class I | AT COST | $65,305 | $73,708 |
| Putnam Ultra Short Duration Income Fund CL Y | AT COST | $13,870 | $13,954 |
| Smead Value Instl Share | AT COST | $64,324 | $69,964 |
| William Blair Intnat Leaders Fund CL I | AT COST | $63,494 | $66,224 |
| Blackrock Strategic Income Opprtsi Instl | AT COST | $174,291 | $176,089 |
| Dodge & Cox Income CL I | AT COST | $120,188 | $120,550 |
| Doubleline Total Return Bond Fd CL I | AT COST | $103,453 | $103,404 |
| Guggenheim Total Return Bond Fd Instl | AT COST | $120,168 | $120,370 |
| Pimco Income Fund Institutional Fund | AT COST | $120,188 | $120,394 |
| Vanguard ST Corp Bd Index Admrl | AT COST | $61,186 | $61,380 |
| Vanguard Intmdt Term Treasury Index Fd | AT COST | $113,625 | $120,057 |
| Fidelity Government Cash Reserves | AT COST | $29,245 | $29,245 |
| Dimensional ETF Trust Dimensional US | AT COST | $104,696 | $105,027 |
| Invesco Exchange Traded Fd TR S&P500 | AT COST | $247,881 | $262,667 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Non Dividend Distributions | Desc |
| Amt | $3,732 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Timing Difference | Desc |
| Amt | $2,044 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Advisory Fees | CategoryTxt |
| Amt | $20,421 | Amt |
| Net Investment Income | $20,421 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal tax expense | $700 | $0 | $0 |
| Foreign Tax | $278 | $278 | $0 |
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