COBORN FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- COBORN FAMILY FOUNDATION (EIN 81-0909745)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202423189349103467
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T15:44:31-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920370318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REDPATH AND COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4810 WHITE BEAR PARKWAY | AddressLine1Txt |
| City | WHITE BEAR LAKE | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55110 | 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 | 810909745 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBORN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBO | BusinessNameControlTxt |
| Phone | 3205342705 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1921 COBORN BLVD | AddressLine1Txt |
| City | ST CLOUD | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EMILY WRIGHT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3205342705 | PhoneNum |
| Signature | 2024-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JONATHAN FORTIN | PreparerPersonNm |
| PTIN | P01240664 | PTIN |
| Phone | 6514267000 | PhoneNum |
| Preparation | 2024-11-07 | 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 | $6,837,347 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $233,317 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $28,980 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28,980 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $104,710 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $104,710 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $15,370 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $425,695 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $15,370 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $382,377 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $149,060 | 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 |
| Other Prof Fees Rev And Expnss | $36,073 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $36,073 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,907 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $98 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $165 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $165 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $43,145 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $36,171 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $165 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,927,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $177,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,970,145 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $36,171 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $177,165 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,587,768 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $112,889 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $767,648 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $450,445 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $450,445 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,272,535 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,974,610 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,974,610 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $927,343 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,412,292 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,412,292 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,967,526 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,837,347 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,837,347 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $800,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,350,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $800,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,350,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,157,526 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $4,477,347 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $10,000 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $10,000 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,167,526 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,487,347 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,967,526 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,837,347 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,167,526 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,587,768 | ExcessRevenueOverExpensesAmt |
| Other Increases | $907,589 | OtherIncreasesAmt |
| Subtotal | $4,487,347 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,487,347 | 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 | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $418,400 | $410,325 | $8,075 | $8,075 | |
| CAPITAL GAINS DIVIDENDS | $7,295 | $7,295 | $7,295 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $15,370 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,569 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,569 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,569 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,058 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,558 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $28 | EsPenaltyAmt |
| Overpayment | $10,961 | OverpaymentAmt |
| Applied To ES Tax | $10,961 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JIM SHAW | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3205342705 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1921 COBORN BLVD | AddressLine1Txt |
| City | ST CLOUD | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56301 | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| EMILY WRIGHT | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| CHRIS COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | TREASURER/DIRECTOR | 2.00 | $0 | $0 | $0 |
| MARK COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | SECRETARY/DIRECTOR | 2.00 | $0 | $0 | $0 |
| DUKE COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BECKY COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JIM SHAW | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVE MEYER | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SUZY ELLIS | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 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 | $5,869,634 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $435,731 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,305,365 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,305,365 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $94,580 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,210,785 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $310,539 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $310,539 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,569 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,569 | TotalTaxAmt |
| Distributable Before Adj | $308,970 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $308,970 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $308,970 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $177,165 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $177,165 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $308,970 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $659,824 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $416,432 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $331,842 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $358,687 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,766,785 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $177,165 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $177,165 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $131,805 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $131,805 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,634,980 | 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 | $528,019 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,106,961 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $416,432 | ExcessFromYear4Amt |
| Excess From Year3 | $331,842 | ExcessFromYear3Amt |
| Excess From Year2 | $358,687 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CENTRACARE FOUNDATION | |||||||
| 1406 6TH AVE N | ST CLOUD | MN | 56303 | NONE | PC | 'CANCER SURVIVORSHIP, LONG PRAIRIE WELLNESS CENTER, AND PEDIATRIC CENTER | $100,000 |
| CATHEDRAL HIGH SCHOOL | |||||||
| 312 NORTH 7TH AVENUE | ST CLOUD | MN | 56303 | NONE | PC | THE CAMPAIGN FOR CATHEDRAL | $50,000 |
| ST JOHN'S BOYS CHOIR | |||||||
| 2840 ABBEY PLAZA PO BOX 2000 | COLLEGEVILLE | MN | 56321 | NONE | PC | ANNUAL SPONSORSHIP 2022-2023 | $20,000 |
| PAY IT FORWARD FUND | |||||||
| 490 S MAPLE STREET SUITE 110 | WACONIA | MN | 55387 | NONE | PC | PAY IT FORWARD CASINO NIGHT REGISTRATION | $5,000 |
| NDGE - NORTH DAKOTA GROCERS ASSOCIATION | |||||||
| PO BOX 96 | MINOT | ND | 58560 | NONE | PC | SCHOLARSHIP FUND | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $177,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ST JOHN'S | |||||||
| 2840 ABBEY PLAZA PO BOX 2000 | COLLEGEVILLE | MN | 56321 | NONE | PLEDGE | ADDITIONAL DONATION TO SUPPORT ON GOING OPERATIONS | $750,000 |
| ST CLOUD YMCA | |||||||
| 2001 STOCKINGER DRIVE | ST CLOUD | MN | 56303 | NONE | PLEDGE | CONNECTING CAMPAIGN PAYMENT | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,750,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,980 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $104,710 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $15,370 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $149,060 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $149,060 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| COBORN'S INC | ||||||
| 1 | PO BOX 1502 | ST CLOUD | MN | 56302 | $222,717 | Yes (X) |
| BERNATELLO'S PIZZA INC | ||||||
| 2 | 200 CONGRESS ST W | MAPLE LAKE | MN | 55358 | $8,600 | Yes (X) |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (15 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WELLS FARGO COMPANY STOCK | $689,080 | $689,080 |
| KINDER MORGAN INC DEL | $88,200 | $88,200 |
| BERKSHIRE HATHAWAY INC SERIES B NEW | $534,990 | $534,990 |
| AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF | $125,340 | $125,340 |
| VANGUARD DIVIDEND APPRECIATION ETF | $323,760 | $323,760 |
| VANGUARD GROWTH ETF | $583,833 | $583,833 |
| VANGUARD VALUE ETF | $149,500 | $149,500 |
| VANGUARD HIGH DIVIDEND YIELD INDEX FUNDS ETF | $126,365 | $126,365 |
| VANGUARD INDEX FDS S&P 500 ETF | $1,299,480 | $1,299,480 |
| VANGUARD MID-CAP GROWTH FUND | $196,735 | $196,735 |
| VANGUARD MID-CAP VALUE INDEX FUND | $143,850 | $143,850 |
| VANGUARD SMALL CAP VALUE ETF | $166,292 | $166,292 |
| VANGUARD SMALL CAP GROWTH ETF | $167,305 | $167,305 |
| INVESCO QQQ TR ETF UNIT SER 1 | $204,760 | $204,760 |
| INVESCO S&P 100 EQUAL WEIGHT ETF | $175,120 | $175,120 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FIRST EAGLE FUNDS SOGEN OVERSEAS FUND CL I | FMV | $209,551 | $209,551 |
| AMG YACKTMAN FUND | FMV | $104,624 | $104,624 |
| LORD ABBETT BOND DEBENTURE FUND | FMV | $148,951 | $148,951 |
| US TREASURY BILLS | FMV | $299,607 | $299,607 |
| SAFRA NATIONAL BANK | FMV | $249,710 | $249,710 |
| TIAA FSB FDIC | FMV | $150,066 | $150,066 |
| BMH HARRIS BANK | FMV | $249,783 | $249,783 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $140 | $0 | $140 |
| MN ANNUAL FEE | $25 | $0 | $25 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | $903,706 |
| NONDIVIDEND DISTRIBUTIONS | $3,883 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISOR FEES | CategoryTxt |
| Amt | $36,073 | Amt |
| Net Investment Income | $36,073 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $98 | $98 | $0 |
| FEDERAL TAX PAYMENT | $6,809 | $0 | $0 |
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