IVY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- IVY FOUNDATION (EIN 27-0155679)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202413199349103596
- Schema version
- 2023v5.1
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T14:50:33-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 EAST MICHIGAN STREET SUITE 1550 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | 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 | 270155679 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IVY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IVYF | BusinessNameControlTxt |
| Phone | 9526742800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5628 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554405628 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHERINE WEBER | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 9526742800 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| 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 | SARAH HUGHES | PreparerPersonNm |
| PTIN | P00318859 | PTIN |
| Phone | 4142735900 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,179,082 | 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 | $1,568,321 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6,921 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,921 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $44,525 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $44,423 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $22 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $18 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $22 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $219,399 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $230,968 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $219,720 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,574 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,574 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,845,762 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $277,656 | 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 | $3,830 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $858 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,972 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $23,945 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $23,945 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $3,058 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $3,058 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,153 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,608 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,548 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,348 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $50 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $39,534 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $34,817 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,022 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $961,666 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $961,666 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,001,200 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $34,817 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $964,688 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $844,562 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $242,839 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $87,040 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $970,873 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $970,873 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $1,124,137 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $931,544 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,208,209 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,211,177 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,902,417 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,179,082 | 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 | $1,211,177 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,902,417 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,211,177 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,902,417 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,211,177 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,902,417 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,211,177 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $844,562 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,055,739 | SubtotalAmt |
| Other Decreases | $153,322 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,902,417 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (34 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| PASS THROUGH LOSS U.S. ALL CAP EQUITY FUND | P | $379 | -$379 | -$379 | |
| PASS THROUGH LOSS INTERNATIONAL EQUITY FUND II | P | $144 | -$144 | -$144 | |
| PASS THROUGH GAIN TAXABLE BOND FUND - GENERAL | P | $221 | $221 | $221 | |
| PASS THROUGH LOSS TAXABLE BOND FUND - SEGREGATED | P | $87 | -$87 | -$87 | |
| PASS THROUGH LOSS GLOBAL BOND FUND | P | $678 | -$678 | -$678 | |
| PASS THROUGH GAIN GLOBAL EQUITY FUND - GENERAL | P | $3,445 | $3,445 | $3,445 | |
| PASS THROUGH GAIN GLOBAL EQUITY FUND - SEGREGATED | P | $6,660 | $6,660 | $6,660 | |
| PASS THROUGH GAIN NON-TRADITIONAL STRATEGIES FUND - GENERAL | P | $2,580 | $2,580 | $2,580 | |
| PASS THROUGH GAIN NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | P | $824 | $824 | $824 | |
| PASS THROUGH GAIN DIVERSIFYING STRATEGIES FUND - GENERAL | P | $1,558 | $1,558 | $1,558 | |
| PASS THROUGH LOSS U.S. ALL CAP EQUITY FUND | P | $90 | -$90 | -$90 | |
| PASS THROUGH LOSS INTERNATIONAL EQUITY FUND II | P | $76 | -$76 | -$76 | |
| PASS THROUGH LOSS TAXABLE BOND FUND - GENERAL | P | $4,471 | -$4,471 | -$4,471 | |
| PASS THROUGH LOSS TAXABLE BOND FUND - SEGREGATED | P | $2,016 | -$2,016 | -$2,016 | |
| PASS THROUGH LOSS GLOBAL BOND FUND | P | $921 | -$921 | -$921 | |
| PASS THROUGH GAIN GLOBAL EQUITY FUND - GENERAL | P | $11,573 | $11,573 | $11,573 | |
| PASS THROUGH GAIN GLOBAL EQUITY FUND - SEGREGATED | P | $41,213 | $41,213 | $41,213 | |
| PASS THROUGH GAIN NON-TRADITIONAL STRATEGIES FUND - GENERAL | P | $1,725 | $1,725 | $1,725 | |
| PASS THROUGH GAIN NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | P | $965 | $965 | $965 | |
| PASS THROUGH LOSS DIVERSIFYING STRATEGIES FUND - GENERAL | P | $2,017 | -$2,017 | -$2,017 | |
| PASS THROUGH LOSS DIVERSIFYING STRATEGIES FUND - SEGREGATED | P | $54 | -$54 | -$54 | |
| PASS THROUGH 1231 NON-TRADITIONAL STRATEGIES FUND - GENERAL | P | $2 | -$2 | -$2 | |
| PASS THROUGH 1231 NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | P | $1 | -$1 | -$1 | |
| PASS THROUGH 1256 GLOBAL BOND FUND | P | $22 | $22 | $22 | |
| PASS THROUGH 1256 NON-TRADITIONAL STRATEGIES FUND - GENERAL | P | $878 | $878 | $878 | |
| PASS THROUGH 1256 NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | P | $276 | $276 | $276 | |
| PASS THROUGH 1256 DIVERSIFYING STRATEGIES FUND - GENERAL | P | $14 | -$14 | -$14 | |
| PASS THROUGH LOSS TAXABLE BOND FUND - SEGREGATED | P | $18 | -$18 | -$18 | |
| PASS THROUGH LOSS GLOBAL EQUITY FUND - SEGREGATED | P | $2 | -$2 | -$2 | |
| PASS THROUGH GAIN NON-TRADITIONAL STRATEGIES FUND - GENERAL | P | $11 | $11 | $11 | |
| PASS THROUGH LOSS NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | P | $275 | -$275 | -$275 | |
| PASS THROUGH LOSS DIVERSIFYING STRATEGIES FUND - SEGREGATED | P | $3 | -$3 | -$3 | |
| PASS THROUGH LOSS - UBTI | P | $321 | $321 | $321 | |
| 3,258 SHS WELLS FARGO CO | P | $158,696 | $158,696 | $158,696 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $219,720 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,375 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,375 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,375 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,559 | 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 | $1,559 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,816 | 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 | 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 |
| Individual With Books | KATHERINE WEBER | IndividualWithBooksNm |
| Phone | 9526742800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5628 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554405628 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| SANDRA E MACMILLAN | ||||||||
| PO BOX 5628 | MINNEAPOLIS | MN | 554405628 | PRESIDENT/DIRECTOR | 0.25 | $0 | $0 | $0 |
| JENNIFER J CULLEN | ||||||||
| PO BOX 5628 | MINNEAPOLIS | MN | 554405628 | SECRETARY | 0.25 | $0 | $0 | $0 |
| KATHERINE WEBER | ||||||||
| PO BOX 5628 | MINNEAPOLIS | MN | 554405628 | TREASURER | 0.25 | $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 | $1,195,372 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $174,654 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,370,026 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,370,026 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $20,550 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,349,476 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $67,474 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $67,474 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,375 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,375 | TotalTaxAmt |
| Distributable Before Adj | $64,099 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $64,099 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $64,099 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $964,688 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $964,688 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $64,099 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $128,172 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $161,128 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $106,011 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $395,311 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $964,688 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $64,099 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $900,589 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,295,900 | 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 | $1,295,900 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $128,172 | ExcessFromYear3Amt |
| Excess From Year2 | $161,128 | ExcessFromYear2Amt |
| Excess From Year1 | $106,011 | ExcessFromYear1Amt |
| Excess From Current Year | $900,589 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SANDRA E MACMILLAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
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 |
|---|---|---|---|---|---|---|---|
| BROWN UNIVERSITY | |||||||
| 164 ANGELL STREET BOX 1877 | PROVIDENCE | RI | 02912 | NONE | PUBLIC CHARITY | SANDRA MACMILLAN PROVOST PROFESSORSHIP OF INTERNATIONAL AND PUBLIC AFFAIRS | $800,000 |
| BROWN UNIVERSITY | |||||||
| 164 ANGELL STREET BOX 1877 | PROVIDENCE | RI | 02912 | NONE | PUBLIC CHARITY | MACMILLAN KIRKPATRICK COACHING EXCELLENCE & OPERATIONS FUND/MEN'S RUGBY | $33,333 |
| BROWN UNIVERSITY | |||||||
| 164 ANGELL STREET BOX 1877 | PROVIDENCE | RI | 02912 | NONE | PUBLIC CHARITY | SANDRA MACMILLAN BROWN PROMISE SCHOLARSHIP | $33,333 |
| BROWN UNIVERSITY | |||||||
| 164 ANGELL STREET BOX 1877 | PROVIDENCE | RI | 02912 | NONE | PUBLIC CHARITY | THE BROWN FUND | $50,000 |
| PINE CREST SCHOOL | |||||||
| 1501 NE 62ND STREET | FT LAUDERDALE | FL | 33334 | NONE | PUBLIC CHARITY | PINE CREST FUND | $25,000 |
| THE BILLFISH FOUNDATION | |||||||
| 5100 N FEDERDAL HWY SUITE 200 | FT LAUDERDALE | FL | 33308 | NONE | PUBLIC CHARITY | UNRESTRICTED | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $961,666 | 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 | $6,921 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $70 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $44,455 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $4 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,574 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $219,399 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $74 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $277,367 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $277,441 | 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 Person | SANDRA E MACMILLAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5628 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55440 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,568,321 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 3,258 SHARES WELLS FARGO & CO | NoncashPropertyDesc |
| Fair Market Value | $153,321 | FairMarketValueAmt |
| Received | 2023-12-13 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WAYCROSSE FEES | CategoryTxt |
| Amt | $3,830 | Amt |
| Net Investment Income | $858 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,972 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TAXABLE BOND FUND | AT COST | $190,586 | $183,489 |
| US ALL CAP EQUITY FUND | AT COST | $13,307 | $54,742 |
| GLOBAL EQUITY FUND | AT COST | $402,297 | $601,954 |
| INTERNATIONAL EQUITY FUND II | AT COST | $51,243 | $87,036 |
| GLOBAL BOND FUND | AT COST | $69,735 | $71,040 |
| EMERGING MARKETS EQUITY FUND | AT COST | $39,891 | $41,655 |
| DIVERSIFYING STRATEGIES FUND | AT COST | $164,485 | $168,293 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MARK TO DONOR'S BASIS | Desc |
| Amt | $153,322 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DE SECRETARY OF STATE | $25 | $0 | $25 |
| STATE OF MINNESOTA ANNUAL FEE | $25 | $0 | $25 |
| OTHER LOSS - INTERNATIONAL EQUITY FUND II | $18 | $18 | $0 |
| OTHER LOSS - GLOBAL BOND FUND | $5,018 | $5,018 | $0 |
| OTHER LOSS - NON-TRADITIONAL STRATEGIES FUND - GENERAL | $252 | $252 | $0 |
| OTHER LOSS - NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | $58 | $58 | $0 |
| OTHER LOSS - DIVERSIFYING STRATEGIES FUND - SEGREGATED | $2 | $2 | $0 |
| UBTI LOSS - NON-TRADITIONAL STRATEGIES FUND - GENERAL | $102 | $0 | $0 |
| UBTI LOSS - NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | $23 | $0 | $0 |
| UBTI LOSS - DIVERSIFYING STRATEGIES FUND - GENERAL | $18 | $0 | $0 |
| NON-DEDUCTIBLE EXPENSES - NON-TRADITIONAL STRATEGIES FUND - GENERAL | $5 | $0 | $0 |
| NON-DEDUCTIBLE EXPENSES - NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | $2 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| GLOBAL EQUITY FUND - GENERAL | $139 | $139 | $139 |
| GLOBAL EQUITY FUND - SEGREGATED | $507 | $507 | $507 |
| DIVERSIFYING STRATEGIES FUND - GENERAL | $5,927 | $5,927 | $5,927 |
| NON-TRADITIONAL STRATEGIES FUND - GENERAL - ROYALTY INCOME | $1 | $1 | $1 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (12 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES - U.S. ALL CAP EQUITY FUND | $130 | $130 | $0 |
| INVESTMENT FEES - INTERNATIONAL EQUITY FUND II | $271 | $271 | $0 |
| INVESTMENT FEES - TAXABLE BOND FUND - GENERAL | $1,161 | $1,161 | $0 |
| INVESTMENT FEES - TAXABLE BOND FUND - SEGREGATED | $34 | $34 | $0 |
| INVESTMENT FEES - GLOBAL BOND FUND | $512 | $512 | $0 |
| INVESTMENT FEES - EMERGING MARKETS EQUITY FUND | $104 | $104 | $0 |
| INVESTMENT FEES - GLOBAL EQUITY FUND - GENERAL | $4,849 | $4,849 | $0 |
| INVESTMENT FEES - GLOBAL EQUITY FUND - SEGREGATED | $319 | $319 | $0 |
| INVESTMENT FEES - NON-TRADITIONAL STRATEGIES FUND - GENERAL | $528 | $528 | $0 |
| INVESTMENT FEES - NON-TRADITIONAL STRATEGIES FUND - SEGREGATED | $120 | $120 | $0 |
| INVESTMENT FEES - DIVERSIFYING STRATEGIES FUND - GENERAL | $15,504 | $15,504 | $0 |
| INVESTMENT FEES - DIVERSIFYING STRATEGIES FUND - SEGREGATED | $413 | $413 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES - INTERNATIONAL EQUITY FUND II | $427 | $427 | $0 |
| FOREIGN TAXES - EMERGING MARKETS EQUITY FUND | $131 | $131 | $0 |
| FOREIGN TAXES - GLOBAL EQUITY FUND - GENERAL | $1,024 | $1,024 | $0 |
| FOREIGN TAXES - DIVERSIFYING STRATEGIES FUND - GENERAL | $26 | $26 | $0 |
| FEDERAL TAXES | $1,545 | $0 | $0 |
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