THE WILLIAM F WELCH AND LORENE W WELCH FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE WILLIAM F WELCH AND LORENE W WELCH FOUNDATION (EIN 83-6033434)
- Tax period
- 2023-09-01 to 2024-08-31
- Filed
- 2024-12-11
- IRS object ID
- 202403469349100420
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-11T14:03:39-05:00 | ReturnTs |
| Tax Period End | 2024-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 830232295 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOHATT JOHNSON & GODWIN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 603 | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 828010603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 836033434 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM F WELCH & | BusinessNameLine1Txt |
| Business Name Line2 | LORENE W WELCH FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 3076741770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX J | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM B EBZERY | PersonNm |
| Person Title | CO-TRUSTEE | PersonTitleTxt |
| Phone | 3076741770 | PhoneNum |
| Signature | 2024-12-10 | SignatureDt |
| 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 | TOMMY D DAVIS | PreparerPersonNm |
| PTIN | P01350475 | PTIN |
| Phone | 3076726494 | PhoneNum |
| Preparation | 2024-12-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $4,205,452 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $10 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $71,864 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $71,864 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$256,066 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,053,014 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $6,325 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,325 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$177,867 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $78,199 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $25,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,050 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,050 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $36,163 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $36,163 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,884 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $537 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $424 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $324 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $100 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $90,571 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $63,074 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,150 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $144,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $144,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $235,071 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $63,074 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $170,650 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$412,938 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,125 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $150,440 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $17,515 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $17,515 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,238,247 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,958,234 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,862,329 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $40,975 | OtherAssetsBOYAmt |
| Other Assets EOY | $40,975 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $325,608 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,429,662 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,016,724 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,205,452 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,429,662 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,016,724 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,429,662 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,016,724 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,429,662 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,016,724 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,429,662 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$412,938 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,016,724 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,016,724 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (37 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 155-HERSHEY CO | P | 2023-01-19 | 2023-12-15 | $28,252 | $33,516 | -$5,264 | -$5,264 |
| 9-CALL COSTCO WHOLESALE | P | 2024-03-18 | 2024-03-18 | $18,894 | $726 | $18,168 | $18,168 |
| 722-FOOT LOCKER INC | P | 2024-03-06 | 2024-08-21 | $23,443 | $17,797 | $5,646 | $5,646 |
| 100-CARRIER GLOBAL CORP | P | 2018-05-08 | 2023-12-15 | $5,765 | $2,262 | $3,503 | $3,503 |
| 3305-QUADRATIC DEFLATION ETF | P | 2021-12-29 | 2024-03-04 | $49,021 | $85,678 | -$36,657 | -$36,657 |
| 400-NUCOR CORP | P | 2024-03-15 | 2024-08-21 | $58,572 | $72,360 | -$13,788 | -$13,788 |
| 100-CARRIER GLOBAL CORP | P | 2018-05-08 | 2023-12-15 | $5,765 | $2,262 | $3,503 | $3,503 |
| 4629-QUADRATIC DEFLATION ETF | P | 2022-03-10 | 2024-03-04 | $68,659 | $117,304 | -$48,645 | -$48,645 |
| 40-CALL APPLE INC | P | 2024-08-22 | 2024-08-22 | $24,773 | $170,226 | -$145,453 | -$145,453 |
| 100-CARRIER GLOBAL CORP | P | 2018-10-17 | 2023-12-15 | $5,765 | $2,459 | $3,306 | $3,306 |
| 864-GENERAL MILLS INC | P | 2023-01-19 | 2024-03-25 | $59,616 | $67,003 | -$7,387 | -$7,387 |
| 0.6736-SOUTHERN COPPER CORP | P | 2024-05-23 | 2024-08-26 | $71 | $79 | -$8 | -$8 |
| 64-MCDONALDS CORP | P | 2022-11-30 | 2023-12-15 | $18,314 | $17,292 | $1,022 | $1,022 |
| 285-MOLSON COORS BEVERAGE CLCLASS B | P | 2023-05-30 | 2024-05-23 | $15,423 | $17,222 | -$1,799 | -$1,799 |
| 427-VANECK JUNIOR GOLD MINERS ETF | P | 2023-04-21 | 2024-08-19 | $20,275 | $17,025 | $3,250 | $3,250 |
| 50-OTIS WORLDWIDE CORP | P | 2018-05-08 | 2023-12-15 | $4,501 | $3,163 | $1,338 | $1,338 |
| 490-SELECT SECTOR UTI SELECTSPDR ETF | P | 2023-01-19 | 2024-04-29 | $32,840 | $33,732 | -$892 | -$892 |
| 200-APPLE INC | P | 2012-05-03 | 2024-08-21 | $45,245 | $4,158 | $41,087 | $41,087 |
| 50-OTIS WORLDWIDE CORP | P | 2018-05-08 | 2023-12-15 | $4,501 | $3,163 | $1,338 | $1,338 |
| 585-ISHARES 20 PLS YEAR TREASURY BND | P | 2021-12-29 | 2024-05-01 | $51,792 | $85,737 | -$33,945 | -$33,945 |
| 165-QUEST DIAGNOSTIC INC | P | 2001-12-06 | 2024-08-21 | $25,170 | $5,376 | $19,794 | $19,794 |
| 50-OTIS WORLDWIDE CORP | P | 2018-10-17 | 2023-12-15 | $4,501 | $3,439 | $1,062 | $1,062 |
| 535-ISHARES 20 PLS YEAR TREASURY BND | P | 2022-01-27 | 2024-05-01 | $47,366 | $76,442 | -$29,076 | -$29,076 |
| 1500-RAMACO RESOURCES INC CLASS A | P | 2023-11-10 | 2024-01-05 | $30,000 | $23,840 | $6,160 | $6,160 |
| 212-ISHARES 20 PLS YEAR TREASURY BND | P | 2022-02-16 | 2024-05-01 | $18,769 | $28,641 | -$9,872 | -$9,872 |
| 1900-HALLIBURTON CO HLDG | P | 2023-07-20 | 2024-01-08 | $66,229 | $69,290 | -$3,061 | -$3,061 |
| 374-ISHARES 20 PLS YEAR TREASURY BND | P | 2022-02-16 | 2024-05-23 | $34,059 | $50,527 | -$16,468 | -$16,468 |
| 366-DEVON ENERGY CORP | P | 2023-10-02 | 2024-01-11 | $16,034 | $16,708 | -$674 | -$674 |
| 291-ISHARES 20 PLS YEAR TREASURY BND | P | 2022-03-10 | 2024-05-23 | $26,501 | $38,950 | -$12,449 | -$12,449 |
| 1640-MGM RESORTS INTL | P | 2023-09-14 | 2024-01-16 | $68,798 | $68,210 | $588 | $588 |
| 35-ISHARES 20 PLS YEAR TREASURY BND | P | 2023-04-14 | 2024-05-23 | $3,187 | $3,674 | -$487 | -$487 |
| 1516-EQT CORP | P | 2022-09-08 | 2024-01-05 | $57,759 | $71,554 | -$13,795 | -$13,795 |
| 306-AGNICO EAGLE MINES F | P | 2019-09-18 | 2024-07-17 | $23,180 | $17,727 | $5,453 | $5,453 |
| 233-QUADRATIC DEFLATION ETF | P | 2023-04-14 | 2024-03-04 | $3,456 | $3,662 | -$206 | -$206 |
| 2263-BEYOND INC | P | 2024-05-07 | 2024-08-21 | $24,949 | $37,383 | -$12,434 | -$12,434 |
| 40-CALL APPLE INC | P | 2024-03-06 | 2024-03-06 | $26,373 | $3,746 | $22,627 | $22,627 |
| 1084-FOOT LOCKER INC | P | 2024-03-04 | 2024-08-21 | $35,196 | $36,747 | -$1,551 | -$1,551 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$256,066 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$131,049 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $210 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $210 | SubtotalAmt |
| Tax Based On Investment Income | $210 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $780 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $780 | TotalPaymentsAndCreditsAmt |
| Overpayment | $570 | OverpaymentAmt |
| Applied To ES Tax | $220 | AppliedToESTaxAmt |
| Refund | $350 | RefundAmt |
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 | WY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYPRESS CAPITAL MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3076741770 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 312 WHITNEY LN 1 | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82801 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| FRANK ROTELLINI | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $10,000 | $0 | $0 |
| WILLIAM B EBZERY | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $10,000 | $0 | $0 |
| MATTHEW EBZERY | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $10,000 | $0 | $0 |
| RICHARD M DAVIS JR | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $10,000 | $0 | $0 |
| PATRICK BARKER | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $10,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,593,804 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $47,508 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $298,962 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,940,274 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,940,274 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $59,104 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,881,170 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $194,059 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $194,059 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $210 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $210 | TotalTaxAmt |
| Distributable Before Adj | $193,849 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $193,849 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $193,849 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $170,650 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $170,650 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $193,849 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $164,676 | UndistributedIncomePYAmt |
| Qualifying Distributions | $170,650 | QualifyingDistributionsAmt |
| Applied To Year1 | $164,676 | AppliedToYear1Amt |
| Applied To Current Year | $5,974 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $187,875 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | WELCH FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX J | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3076741770 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CASA | |||||||
| PO BOX 6022 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| CHAPS | |||||||
| 1590 SUGARLAND DR STE B | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,500 |
| CHILD DEVELOPMENT CENTER | |||||||
| 345 LINDEN AVE | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| DOWNTOWN SHERIDAN ASSOCIATION | |||||||
| 39 N SCOTT ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $3,000 |
| HABITAT FOR HUMANITY | |||||||
| PO BOX 6196 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARTIABLE | $1,500 |
| HOLY NAME CATHOLIC CHURCH | |||||||
| 9 SOUTH CONNOR | SHERIDAN | WY | 82801 | NONE | CHURCH | CHARITABLE | $3,500 |
| KID'S LIFE | |||||||
| PO BOX 7296 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $2,000 |
| REPROD HEALTHCARE OF THE BIG HORNS | |||||||
| 128 SOUTH THURMOND | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| SHERIDAN CO LIBRARY FND | |||||||
| 335 W ALGER ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $5,000 |
| SHERIDAN COLLEGE | |||||||
| FOUNDATION | SHERIDAN | WY | 82801 | NONE | PUBLIC | EDUCATIONAL | $10,000 |
| SHERIDAN COMMUNITY LAND TRUST | |||||||
| PO BOX 7185 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $2,000 |
| SHERIDAN COUNTY MEMORIAL | |||||||
| HOSPITAL FOUNDATION | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $60,000 |
| SHERIDAN PUBLIC ARTS | |||||||
| PO BOX 848 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARTIABLE | $1,000 |
| SHERIDAN SENIOR CENTER | |||||||
| 211 SMITH ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $15,000 |
| WYO THEATRE INC | |||||||
| 42 N MAIN STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $26,000 |
| WYOMING PUBLIC RADIO | |||||||
| UNIV OF WY | LARAMIE | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| PEOPLE ASSISTANCE FOOD BANK | |||||||
| 2560 N MAIN STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $144,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $71,864 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$256,066 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| PTP DISTRIBUTIONS | 14 | $6,325 | ||
| PTP UBTI LOSS CARRYFORWARD | 900003 | $2,527 | ||
| ENERGY PARTNERS | 900003 | -$2,527 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$177,867 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$177,867 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION | CategoryTxt |
| Amt | $2,100 | Amt |
| Net Investment Income | $1,050 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,050 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (41 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABRDN PHYSICAL PLATINUM | $51,039 | $45,055 |
| ADVANCED MICRO DEVICE IN | $73,122 | $61,355 |
| AGNICO EAGLE MINES | $17,728 | $24,930 |
| ALPS ALERIAN MLP EFT | $110,702 | $132,003 |
| AMGEN INC | $17,483 | $20,697 |
| AMPIO PHARMACEUTICAL | $35,939 | |
| APPLE INC | $84,267 | $916,000 |
| BREEZE HOLDINGS ACQUISTION | $35,748 | $34,174 |
| CAMECO CORP | $71,390 | $61,260 |
| CANADIAN PACIFIC KANSA F | $36,664 | $34,503 |
| CARRIER GLOBAL CORP | ||
| CELSIUS HOLDINGS INC | $55,247 | $31,717 |
| CHEVRON CORP | $36,390 | $35,656 |
| COLGATE PALMOLIVE | $18,345 | $106,500 |
| COSTCO WHOLESALE CORP | $138,119 | $803,142 |
| ENERGY TRANSFER LP | $71,172 | $80,500 |
| EQT CORP | ||
| EXXON MOBIL CORP | $27,615 | $27,244 |
| FRANCO NEVADA CORP | $116,414 | $91,979 |
| GENERAL MILLS INC | ||
| HALLIBURTONCO HLDG | ||
| HERSHEY CO | ||
| ISHARES 20 PLS YEAR | ||
| JPMORGAN EQUITY PREMIUM | $109,400 | $101,188 |
| LOCKHEED MARTIN CORP | $46,738 | $55,674 |
| MCDONALDS CORP | ||
| MOLSON COORS BEVERAGE CL | ||
| OTIS WORLDWIDE | ||
| PEABODY ENERGY CORP | $72,766 | $68,732 |
| PHILIP MORRIS INTL | $37,004 | $49,932 |
| QUADRATIC DEFLATION ETF | ||
| QUEST DIAGNOSTICS INC. | $19,548 | $94,182 |
| SELECT SECTOR HEALTH | $119,330 | $314,400 |
| SELECT SECTOR UTI SELECT | ||
| SOUTHERN COPPER CORP | $77,139 | $67,034 |
| SPDR GOLD SHARES ETF | $159,441 | $213,481 |
| SPROTT PHYSICAL GOLD ETV | $26,223 | $32,982 |
| SUPER MICRO COMPUTER | $58,160 | $28,013 |
| VANECK GOLD MINERS ETF | $154,620 | $164,174 |
| VANECK JUNIOR GOLD | ||
| VISA INC | $80,481 | $165,822 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| COINS & BULLION | $32,251 | $32,251 | $226,412 |
| MINERALS | $8,724 | $8,724 | $8,724 |
| COAL | $90,472 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK CHARGES | $24 | $24 | |
| SAFE DEPOSIT BOX | $200 | $200 | |
| OFFICE SUPPLIES | $200 | $100 | $100 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PTP DISTRIBUTIONS | $6,325 | $6,325 |
| PTP UBTI LOSS CARRYFORWARD | $2,527 | |
| ENERGY PARTNERS | -$2,527 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT. - CYPRESS CAPIT | CategoryTxt |
| Amt | $36,163 | Amt |
| Net Investment Income | $36,163 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES | $1,347 | |
| FOREIGN TAXES | $537 | $537 |
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