RINK FAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RINK FAMILY FOUNDATION INC (EIN 82-3329351)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-12
IRS object ID
202443179349102444
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-12T14:30:08-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351721048PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1OLSON & COMPANY PC CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 488AddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationINStateAbbreviationCd
ZIP474020488ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823329351EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RINK FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRINKBusinessNameControlTxt
Phone8123603401PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13507 EAST SADDLEBROOK COURTAddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationINStateAbbreviationCd
ZIP47401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAWRENCE D RINKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8123603401PhoneNum
Signature2024-11-15SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHANIE COBB CPAPreparerPersonNm
PTINP00627495PTIN
Phone8123367867PhoneNum
Preparation2024-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$677,961FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,955ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$525InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$525InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$19,846DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,846DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$131,796NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$314,823GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$131,796CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$13,421OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$13,421OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$186,543TotalRevAndExpnssAmt
Total Net Invst Incm$165,588TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$750AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$750AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$4,602OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$4,602OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$547TaxesRevAndExpnssAmt
Taxes Net Invst Incm$547TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$6,649TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,899TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$750TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$44,180ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$44,180ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$50,829TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,899TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$44,930TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$135,714ExcessRevenueOverExpensesAmt
Net Investment Income$159,689NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$39,022CashBOYAmt
Cash EOY$5,449CashEOYAmt
Cash EOYFMV$5,449CashEOYFMVAmt
Sav And Temp Cash Invst EOY$49,888SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$50,504SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$354,436CorporateStockBOYAmt
Corporate Stock EOY$473,835CorporateStockEOYAmt
Corporate Stock EOYFMV$622,008CorporateStockEOYFMVAmt
Total Assets BOY$393,458TotalAssetsBOYAmt
Total Assets EOY$529,172TotalAssetsEOYAmt
Total Assets EOYFMV$677,961TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$393,458RetainedEarningBOYAmt
Retained Earning EOY$529,172RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$393,458TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$529,172TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$393,458TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$529,172TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$393,458TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$135,714ExcessRevenueOverExpensesAmt
Subtotal$529,172SubtotalAmt
Tot Net Ast Or Fund Balances EOY$529,172TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
GERMAN AMERICAN BANK CORPP2008-01-172023-04-27$22,349$12,022$10,327$10,327
GERMAN AMERICAN BANK CORPP2008-01-172023-10-31$10,135$5,816$4,319$4,319
PHYSICIANS REALTYP2018-05-012023-04-27$282,339$165,189$117,150$117,150
FieldValueIRS element (for citing)
Capital Gain Net Income$131,796CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,220InvestmentIncomeExciseTaxAmt
Subtotal$2,220SubtotalAmt
Tax Based On Investment Income$2,220TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$410EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$910TotalPaymentsAndCreditsAmt
Tax Due$1,310TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateINOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLAWRENCE D RINKIndividualWithBooksNm
Phone8123603401PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13507 EAST SADDLEBROOK COURTAddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationINStateAbbreviationCd
ZIP47401ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LAWRENCE D RINK
3507 EAST SADDLEBROOK COURTBLOOMINGTONIN47401PRESIDENT000.00$0$0$0
ELEANOR J RINK
3507 EAST SADDLEBROOK COURTBLOOMINGTONIN47401VICE PRESIDE000.00$0$0$0
SCOTT L RINK
2207 E COVENANTER DRBLOOMINGTONIN47401SEC/TREAS000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$626,887AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$43,764AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$670,651TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$670,651AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,060CashDeemedCharitableAmt
Net Vl Noncharitable Assets$660,591NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,030MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$33,030MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,220TaxBasedOnInvestmentIncomeAmt
Total Tax$2,220TotalTaxAmt
Distributable Before Adj$30,810DistributableBeforeAdjAmt
Distributable Before Ded$30,810DistributableBeforeDedAmt
Distributable As Adjusted$30,810DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$44,930ExpensesAndContributionsAmt
Qualifying Distributions$44,930QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$30,810DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$3,911ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2$91ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$15,487ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$19,489TotalExcessDistributionCyovAmt
Qualifying Distributions$44,930QualifyingDistributionsAmt
Applied To Current Year$30,810AppliedToCurrentYearAmt
Remaining Distri From Corpus$14,120RemainingDistriFromCorpusAmt
Total Corpus$33,609TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,911ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$29,698ExcessDistriCyovToNextYrAmt
Excess From Year2$91ExcessFromYear2Amt
Excess From Year1$15,487ExcessFromYear1Amt
Excess From Current Year$14,120ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
INDIANA UNIVERSITY FOUNDATION
1500 N STATE RD 45 46 BYPBLOOMINGTONIN47408NONE501(C)(3)GENERAL$2,500
BOYS & GIRLS CLUB OF BLOOMINGTON
803 N MONROE STREETBLOOMINGTONIN47402NONE501(C)(3)GENERAL$12,880
UNITED WAY OF MONROE COUNTY
431 S COLLEGE AVEBLOOMINGTONIN47403NONE501 (C) (3)GENERAL$1,200
DEPAUW UNIVERSITY
313 S LOCUST STGREENCASTLEIN46135NONE501 C 3GENERAL$2,750
COMMUNITY FOUNDATION - BLOOMINGTON
100 S COLLEGE AVE AUITE 2BLOOMINGTONIN47404NONE501 C 3GENERAL$500
NEW HOPE FOR FAMIILIES
1140 S MORTON STBLOOMINGTONIN47403NONE501 C 3GENERAL$350
HOOSIER HILLS FOOD BANK
2333 W INDUSTRIAL PARK DRBLOOMINGTONIN47404NONE501 C 3GENERAL$250
COMMUNITY KITCHEN
1515 S ROGERS STBLOOMINGTONIN47404NONE501 C 3GENERAL$250
WILDCATS BASEBALL CLUB
1100A AIRPORT NORTHFORT WAYNEIN46825NONE501 C 3GENERAL$20,900
IVY TECH FOUNDATION
2820 N MERIDIAN STINDIANAPOLISIN46208NONE501 C 3GENERAL$2,500
19TH CENTURY CLUB
178 FOREST AVE 1OAK PARKIL60301NONE501 C 3GENERAL$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$44,180TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$525RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$19,846RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,421RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$131,796RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$165,588RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$165,588TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1INDEPENDENT CHARITABLE FOUNDATIONBusinessNameLine1Txt
Business Name Line2FBO THE RINK FAMILY FOUNDATIONBusinessNameLine2Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1500 W JEFFERSON ST STE 2600AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40202ZIPCd
FieldValueIRS element (for citing)
Total Contributions$20,955TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,500Amt
Net Investment Income$750NetInvestmentIncomeAmt
Disbursements Charitable Prps$750DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PHYSICIANS REALTY TRUST$165,189$266,200
GERMAN AMERICAN BANCORP$6,221$12,964
MUTUAL FUNDS$302,425$342,844

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc
EXPENSES
FEES

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescNONDIVIDEND DISTRIBUTIONSDesc
Revenue And Expenses Per Books$13,421RevenueAndExpensesPerBooksAmt
Net Investment Income$13,421NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryADVISORY FEESCategoryTxt
Amt$4,602Amt
Net Investment Income$4,602NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$547Amt
Net Investment Income$547NetInvestmentIncomeAmt

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