HELEN E SNEDDEN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HELEN E SNEDDEN FOUNDATION (EIN 46-6702453)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202413219349100411
- 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
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T18:29:05-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 202869299 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | True North Enterprise Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 70432 | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | 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 | 466702453 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Helen E Snedden Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HELE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 70432 | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Virginia N Farmier | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 9074581040 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Virginia N Farmier CPA | PreparerPersonNm |
| PTIN | P00674469 | PTIN |
| Phone | 9074581040 | PhoneNum |
| Preparation | 2024-11-15 | 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 | $8,381,335 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,701 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $295 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $295 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $15,979 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $15,979 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $125,369 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $564,699 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $125,369 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $38 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $4,022,732 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,020,747 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,170,076 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,162,390 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $38 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $110,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $27,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $82,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,036,636 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $2,000,758 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $35,878 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $350,130 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $322,778 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $27,352 | PensionEmplBnftDsbrsChrtblAmt |
| Interest Rev And Expnss | $90 | InterestRevAndExpnssAmt |
| Interest Dsbrs Chrtbl | $90 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $250,148 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $241,056 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $9,092 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $305,818 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $305,818 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $13,107 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $13,107 | TravConfMeetingNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,794,869 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,792,461 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,408 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,860,798 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,703,478 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $157,320 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,863,298 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,703,478 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $159,820 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$693,222 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $38 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $205,599 | CashBOYAmt |
| Cash EOY | $227 | CashEOYAmt |
| Cash EOYFMV | $227 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $47,990 | SavAndTempCashInvstBOYAmt |
| Acct Rcvbl | $1,071,642 | AcctRcvblAmt |
| Acct Rcvbl BOY | $653,283 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,071,642 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,071,642 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $103,249 | InventoriesBOYAmt |
| US Government Obligations BOY | $209,471 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $205,395 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $208,297 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $193,997 | CorporateStockBOYAmt |
| Corporate Stock EOY | $149,977 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $146,871 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $712,156 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $392,084 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $439,806 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $6,514,432 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,514,492 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,514,492 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,640,177 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,333,817 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,381,335 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $312,194 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $257,388 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $169,749 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $170,358 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $1,384,029 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,341,157 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,865,972 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,768,903 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $6,774,205 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,564,914 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,774,205 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,564,914 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,640,177 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,333,817 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,774,205 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$693,222 | ExcessRevenueOverExpensesAmt |
| Other Increases | $483,931 | OtherIncreasesAmt |
| Subtotal | $6,564,914 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,564,914 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| Wedbush | P | 2014-06-01 | 2023-12-31 | $4,163 | $4,163 | |
| Fidelity | P | 2014-07-01 | 2023-12-30 | $1,275 | $1,275 | |
| Wash Mut Invs A | P | 2016-12-20 | 2023-08-10 | $53,855 | $11,612 | $42,243 |
| Amr Bal A | P | 2008-01-22 | 2023-08-10 | $52,900 | $21,418 | $31,482 |
| Cap Inc Bldr A | P | 2008-01-23 | 2023-08-10 | $122,830 | $11,799 | $111,031 |
| Income FD of Amer A | P | 2008-01-22 | 2023-08-10 | $141,830 | $30,430 | $111,400 |
| Wash Mut Invs A | P | 2008-03-12 | 2023-02-16 | $44,045 | $18,741 | $25,304 |
| Berkshire Hathaway Inc | P | 2018-10-02 | 2023-05-18 | $32,483 | $12,065 | $20,418 |
| AT&T Inc | P | 2023-01-30 | 2023-11-03 | $238 | -$18 | $256 |
| Fidelity Select Consumer Stples Por | P | 2023-02-01 | 2023-05-16 | $434 | $27 | $407 |
| Johnson & Johnson Com | P | 2022-09-01 | 2023-08-23 | $438 | -$8 | $446 |
| Pepsico Inc | P | 2023-01-04 | 2023-03-29 | $678 | $38 | $640 |
| AT&T | P | 2015-01-02 | 2023-11-03 | $5,106 | -$2,957 | $8,063 |
| Fidelity Intermediate Muni Income | P | 2020-11-16 | 2023-09-20 | $29,500 | -$2,542 | $32,042 |
| Fidelity Select Consumer Stples | P | 2020-11-16 | 2023-05-16 | $28,569 | $1,774 | $26,795 |
| Johnson & Johnson Com | P | 2015-01-02 | 2023-06-09 | $21,138 | $6,564 | $14,574 |
| Pepsico Inc | P | 2015-01-02 | 2023-03-27 | $25,217 | $11,028 | $14,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $125,369 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $38 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,098 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,098 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,098 | OverpaymentAmt |
| Applied To ES Tax | $3,098 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AK | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Individual With Books | Virginia Farmier | IndividualWithBooksNm |
| Phone | 9074581040 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 9th Ave | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Virginia Farmier | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 70432 | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $110,000 | CompensationAmt |
| Employee Benefit Program | $31,461 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| Kevin Bumgarner | ||||||||
| PO Box 70432 | Fairbanks | AK | 99707 | Publisher | 40.00 | $84,155 | $18,016 | $0 |
| Thomas Gilligan | ||||||||
| PO Box 70432 | Fairbanks | AK | 99707 | Circulation Director | 40.00 | $68,467 | $25,446 | $0 |
| Richard Harris | ||||||||
| PO Box 70432 | Fairbanks | AK | 99707 | Publisher | 40.00 | $87,410 | $1,095 | $0 |
| Tury Anderson | ||||||||
| PO Box 70432 | Fairbanks | AK | 99707 | Press Superintendent | 40.00 | $76,491 | $8,670 | $0 |
| Henry Nuwer | ||||||||
| PO Box 70432 | Fairbanks | AK | 99707 | Managing Editor | 40.00 | $76,176 | $972 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 11 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Educate and provide the residence of Alaska with local news events and activities To educate and inform the public about their local government activities | Description1Txt |
| Expenses1 | $4,453,648 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $989,949 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $19,405 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,514,492 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,523,846 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,523,846 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $117,800 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,406,046 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $370,302 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $370,302 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $370,302 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $370,302 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $370,302 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $159,820 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $159,820 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $370,302 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $159,820 | QualifyingDistributionsAmt |
| Applied To Current Year | $159,820 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $210,482 | UndistributedIncomeCYAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2014-07-21 | PrivateOperatingFndtnRulingDt |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38 | CurrentYearAmt |
| Total | $38 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $32 | CurrentYearAmt |
| Total | $32 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $159,820 | CurrentYearAmt |
| Year1 | $182,715 | Year1Amt |
| Year2 | $136,328 | Year2Amt |
| Year3 | $181,403 | Year3Amt |
| Total | $660,266 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $159,820 | CurrentYearAmt |
| Year1 | $182,715 | Year1Amt |
| Year2 | $136,328 | Year2Amt |
| Year3 | $181,403 | Year3Amt |
| Total | $660,266 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $246,868 | CurrentYearAmt |
| Year1 | $259,717 | Year1Amt |
| Year2 | $52,457 | Year2Amt |
| Year3 | $48,381 | Year3Amt |
| Total | $607,423 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Fairbanks Drama Association | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1852 2nd Ave | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | support arts in Fairbanks Alaska | GrantOrContributionPurposeTxt |
| Amt | $2,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,500 | 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 | 25 | ExclusionCd |
| Exclusion | $295 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $15,979 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $119,969 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| KDM Revenue | 25 | $564,297 |
| FDNM Revenue | 25 | $3,456,450 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,156,990 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,156,990 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Equities | $142,664 | $142,664 |
| Fidelity Equities | $7,313 | $4,207 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $205,395 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $208,297 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Mutual Funds - Wedbush | $279,435 | $336,187 |
| Mutual Funds - Fidelity | $112,649 | $103,619 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Investment in FDNM LLC | $5,725,771 | $5,725,771 | $5,725,771 |
| Investment in KDM LLC | $788,661 | $788,721 | $788,721 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Bank Credit Card Fees | $77,323 | $77,323 | $0 | $0 |
| Bad Debts | $17,421 | $17,421 | $0 | $0 |
| Newsprint & supplies | $229,937 | $229,937 | $0 | $0 |
| Newsroom related expenses | $307,655 | $307,655 | $0 | $0 |
| Delivery related expenses | $474,447 | $474,447 | $0 | $0 |
| Administrative expenses | $300,962 | $300,962 | $0 | $0 |
| Employee related expenses | $13,709 | $13,709 | $0 | $0 |
| Insurance Expense | $110,492 | $110,492 | $0 | $0 |
| Postage Expense | $52,078 | $52,078 | $0 | $0 |
| Pressroom expenses | $7,215 | $7,215 | $0 | $0 |
| Depreciation Expense | $201,222 | $201,222 | $0 | $0 |
| Community Support | $2,408 | $0 | $0 | $2,408 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| KDM Revenue | $564,297 | $564,297 | $0 |
| FDNM Revenue | $3,456,450 | $3,456,450 | $0 |
| Misc | $1,985 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized gains on investments | Desc |
| Amt | $483,931 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Accrued salaries vacation | $346,043 | $476,182 |
| Funds owed from KDM | $338,867 | $364,407 |
| Funds owed by FDNM | $699,119 | $179,250 |
| Unearned Revenue | $0 | $321,318 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Payroll Taxes | $176,171 | $167,179 | $0 | $8,992 |
| City Property Taxes | $71,075 | $71,075 | $0 | $0 |
| Miscellaneous Taxes | $1,527 | $1,527 | $0 | $0 |
| Business License | $1,375 | $1,275 | $0 | $100 |
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