ANN A MERGENS FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ANN A MERGENS FOUNDATION INC (EIN 27-4113304)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-01-02
- IRS object ID
- 202300129349101270
- Schema version
- 2021v4.1
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-01-02T12:18:08-08:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 471371818 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tapia & Huckabay PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 38 | AddressLine1Txt |
| City | Vergennes | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05491 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274113304 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ann A Mergens Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ANNA | BusinessNameControlTxt |
| Phone | 8028635933 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 662 | AddressLine1Txt |
| City | Shelburne | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05482 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul G Mergens | PersonNm |
| Person Title | Vice-President | PersonTitleTxt |
| Phone | 8028635933 | PhoneNum |
| Signature | 2022-12-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Paul | PersonFirstNm |
| Person Last | Mergens | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | William S Huckabay CPA | PreparerPersonNm |
| PTIN | P00154308 | PTIN |
| Phone | 8028707086 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,989,130 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $140 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $140 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $103,241 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $103,241 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $289,719 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $882,768 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $289,719 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $393,100 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $393,100 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $30,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $30,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $0 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $0 | PensionEmplBnftRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $925 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $925 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $8,076 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,076 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $0 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,490 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $0 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $0 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $0 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $0 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $71,504 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $21,390 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $50,114 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $121,920 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,391 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $81,039 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $280,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $280,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $401,920 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,391 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $361,039 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,820 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $362,709 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $6,255 | CashBOYAmt |
| Cash EOY | $0 | CashEOYAmt |
| Cash EOYFMV | $0 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $47,855 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $269,355 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $269,355 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $4,952,181 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,741,874 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,314,738 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,559,426 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,545,668 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,405,037 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,565,717 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,556,897 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,989,130 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $6,565,717 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,556,897 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,565,717 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,556,897 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,565,717 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,556,897 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,565,717 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,820 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,556,897 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,556,897 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $882,768 | GrossSalesPriceAmt |
| Depreciation | $0 | DepreciationAmt |
| Cost Or Other Basis | $593,049 | CostOrOtherBasisAmt |
| Gain Or Loss | $289,719 | GainOrLossAmt |
| FMV As Of123169 | $0 | FMVAsOf123169Amt |
| Adjusted Basis As Of123169 | $0 | AdjustedBasisAsOf123169Amt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $289,719 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $289,719 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,042 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,042 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,042 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,500 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,500 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$7,500 | OriginalReturnOverpaymentAmt |
| Overpayment | $2,458 | OverpaymentAmt |
| Applied To ES Tax | $2,458 | 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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 | VT | 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 |
| Individual With Books | Paul G Mergens | IndividualWithBooksNm |
| Phone | 8028635933 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 662 | AddressLine1Txt |
| City | Shelburne | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05482 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Mary Mergens-Loughran | ||||||||
| PO Box 662 | Shelburne | VT | 05482 | Chair & Exec. Director | 7.50 | $30,000 | $0 | $0 |
| Paul G Mergens | ||||||||
| PO Box 662 | Shelburne | VT | 05482 | Vice-President | 2.00 | $0 | $0 | $0 |
| William H Wiltshire | ||||||||
| PO Box 633 | Milton | VT | 05468 | Secretary | 2.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,803,662 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $299,277 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,102,939 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,102,939 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $121,544 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,981,395 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $399,070 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $399,070 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,042 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $0 | IncomeTaxAmt |
| Total Tax | $5,042 | TotalTaxAmt |
| Distributable Before Adj | $394,028 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $394,028 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $394,028 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $361,039 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $361,039 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $394,028 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $463 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $21,872 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $22,335 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $361,039 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $361,039 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $22,335 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $22,335 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $10,654 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Mary Mergens-Loughran | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 662 | AddressLine1Txt |
| City | Shelburne | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05482 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8028635933 | RecipientPhoneNum |
| Form And Info And Materials | Any form of application is acceptable. Include organizational information and intended charitable use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Live Like Jake Foundation | ||||||
| PO Box 31652 | West Palm Beach | FL | 33420 | PC | General OperatingSupport | $100,000 |
| Burlington City Arts | ||||||
| 135 Church Street | Burlington | VT | 05401 | PC | Art from theHeart Program | $10,000 |
| Shelburne Farms | ||||||
| 1161 Harbor Road | Shelburne | VT | 05482 | PC | Farm Barn Facilityand Programming | $40,000 |
| Stern Center | ||||||
| 183 Talcott Road | Williston | VT | 05495 | PC | Neil ShapiroScholarship Fund | $30,000 |
| Center for Creative Education | ||||||
| 425 24th Street | West Palm Beach | FL | 33407 | PC | General OperatingSupport | $25,000 |
| Loggerhead Marine Life Center | ||||||
| 14200 US Highway 1 | North Palm Beach | FL | 33408 | PC | CapitalCampaign | $20,000 |
| Greater Burlington YMCA | ||||||
| 266 College Street | Burlington | VT | 05401 | PC | CapitalCampaign | $15,000 |
| Busch Wildlife Sanctuary | ||||||
| 2500 Jupiter Park Drive | Jupiter | FL | 33458 | PC | General OperatingSupport | $10,000 |
| Champlain College | ||||||
| PO Box 670 | Burlington | VT | 05402 | PC | General OperatingSupport | $15,000 |
| Jupiter Hills Community Foundation | ||||||
| PO Box 3582 | Tequesta | FL | 33469 | PC | General OperatingSupport | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $280,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $140 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103,241 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $289,719 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $393,100 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $393,100 | 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 | Vermont CPA Firm Accounting & Tax Preparation | CategoryTxt |
| Amt | $1,850 | Amt |
| Net Investment Income | $925 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $925 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Publicly Traded Securities (including CGDs) | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
Purchaser Name PurchaserNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Unrelated Third Parties | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | $882,768 | GrossSalesPriceAmt |
| Basis | $593,049 | BasisAmt |
| Basis Method | Cost | BasisMethodTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | $289,719 | TotalNetAmt |
| Accumulated Depreciation | $0 | AccumulatedDepreciationAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (8 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 33,401sh OW Fixed Income Fund | $376,746 | $343,700 |
| 7,687sh OW Credit Income Fund | $76,691 | $66,493 |
| 70,792sh OW Fixed Income Fund | $794,716 | $728,453 |
| 16,468sh OW Credit Income Fund | $164,291 | $142,445 |
| 4,315sh Vanguard Short-Term Investment Grade Bond Fund | $44,837 | $43,413 |
| 3,097sh Vanguard Total Bond Market Fund | $33,387 | $30,414 |
| 2,793sh Vanguard Short-Term Investment Grade Bond Fund | $30,000 | $28,101 |
| 2,242sh Vanguard Total Bond Market Fund | $25,000 | $22,018 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (134 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 60sh Alphabet Inc. | $3,766 | $6,549 |
| 20sh Meta Platforms Inc. | $3,786 | $3,258 |
| 30sh Take-2 Interactive | $3,815 | $3,676 |
| 100sh Amazon.com Inc. | $8,925 | $12,677 |
| 20sh Aptiv PLC | $2,879 | $1,868 |
| 8sh Dollar General Corporation | $2,069 | $1,899 |
| 25sh Hilton Worldwide Holdings | $2,184 | $3,184 |
| 30sh Consumer Staples Index Fund | $2,320 | $2,193 |
| 2sh Costco Wholesale Corporation | $995 | $1,044 |
| 35sh Pepsico Inc. | $4,748 | $6,029 |
| 25sh Walmart Inc. | $3,803 | $3,313 |
| 85sh ConocoPhillips | $4,241 | $9,303 |
| 15sh Pioneer Natural Resources | $1,703 | $3,798 |
| 10sh AON PLC | $2,785 | $2,792 |
| 230sh Bank of America Corporation | $6,288 | $7,730 |
| 25sh Blackstone Inc. | $1,278 | $2,348 |
| 35sh Brookfield Asset Management | $1,991 | $1,683 |
| 40sh JPMorgan Chase & Company | $6,072 | $4,549 |
| 6sh MSCI Inc. | $2,525 | $2,695 |
| 13sh S&P Global Inc. | $4,712 | $4,578 |
| 75sh Charles Schwab Corporation | $3,815 | $5,321 |
| 25sh Catalent Inc. | $2,598 | $2,200 |
| 20sh Danaher Corporation | $2,764 | $5,398 |
| 19sh Health Care Select SPDR | $2,632 | $2,370 |
| 20sh IQVIA Holdings Inc. | $2,740 | $4,253 |
| 7sh Thermo Fisher Scientific | $1,986 | $3,817 |
| 15sh UnitedHealth Group Inc. | $3,593 | $7,789 |
| 30sh Zoetis Inc. | $3,779 | $4,695 |
| 10sh Copart Inc. | $1,158 | $1,196 |
| 35sh Eaton Corporation PLC | $4,973 | $4,782 |
| 90sh Howmet Aerospace Inc. | $3,096 | $3,188 |
| 9sh Northrop Grumman Corporation | $3,249 | $4,301 |
| 26sh Union Pacific Corporation | $4,604 | $5,837 |
| 8sh Adobe Inc. | $5,003 | $2,987 |
| 55sh Amphenol Corporation | $2,648 | $4,044 |
| 110sh Apple Inc. | $7,046 | $17,294 |
| 85sh Microsoft Corporation | $12,536 | $22,224 |
| 16sh Motorola Solutions Inc. | $3,934 | $3,894 |
| 17sh Nvidia Corporation | $4,472 | $2,565 |
| 5sh Servicenow Inc. | $1,275 | $2,173 |
| 30sh Texas Instruments Inc. | $3,645 | $4,956 |
| 50sh Visa Inc. | $8,913 | $9,935 |
| 30sh Vulcan Materials | $5,506 | $4,994 |
| 25sh American Tower Corporation | $5,900 | $6,351 |
| 20sh Prologis Inc. | $2,972 | $2,490 |
| 35sh Ameren Corporation | $2,541 | $3,241 |
| 15sh American Water Works Company | $1,806 | $2,226 |
| 15sh Sea Limited ADR | $1,451 | $930 |
| 240sh Anta Sports Products Limited | $3,149 | $2,900 |
| 5sh LVMH Moet Hennessy Vuitton | $2,048 | $3,237 |
| 7sh ASML Holdings | $3,463 | $3,392 |
| 60sh IShares China Large Cap ETF | $2,267 | $1,812 |
| 32,915sh OW Large Cap Strategies Fund | $346,593 | $484,831 |
| 11,594sh OW Small & Midcap Strategies Fund | $135,508 | $161,272 |
| 200sh Alphabet Inc. | $12,554 | $21,830 |
| 35sh Meta Platforms Inc. | $6,626 | $5,702 |
| 65sh Take-2 Interactive | $8,282 | $7,966 |
| 160sh Amazon.com Inc. | $16,032 | $20,283 |
| 40sh Aptiv PLC | $5,758 | $3,737 |
| 21sh Dollar General Corporation | $5,329 | $4,985 |
| 50sh Hilton Worldwide Holdings | $4,399 | $6,368 |
| 4sh Mercadolibre Inc. | $5,509 | $3,421 |
| 55sh Consumer Staples Index Fund | $4,253 | $4,021 |
| 5sh Costco Wholesale Corporation | $2,489 | $2,610 |
| 75sh Pepsico Inc. | $10,184 | $12,920 |
| 50sh Walmart Inc. | $7,607 | $6,627 |
| 160sh ConocoPhillips | $7,867 | $17,512 |
| 30sh Pioneer Natural Resources | $3,406 | $7,596 |
| 20sh AON PLC | $5,471 | $5,585 |
| 445sh Bank of Amerca Corporation | $11,983 | $14,956 |
| 55sh Blackstone Inc. | $2,811 | $5,166 |
| 75sh Brookfield Asset Management | $4,266 | $3,608 |
| 85sh JPMorgan Chase & Company | $12,792 | $9,667 |
| 9sh MSCI Inc. | $3,788 | $4,043 |
| 27sh S&P Global Inc. | $8,754 | $9,508 |
| 160sh Charles Schwabe Corporation | $8,251 | $11,352 |
| 55sh Catalent Inc. | $5,763 | $4,840 |
| 40sh Danaher Corporation | $5,637 | $10,796 |
| 35sh Health Care Select SPDR | $4,848 | $4,366 |
| 45sh IQVIA Holdings | $6,196 | $9,569 |
| 20sh Thermo Fisher Scientific | $5,932 | $10,906 |
| 35sh UnitedHealth Group Inc. | $8,609 | $18,176 |
| 55sh Zoetis Inc. | $6,940 | $8,609 |
| 20sh Copart Inc. | $2,316 | $2,393 |
| 70sh Eaton Corporation PLC | $9,939 | $9,564 |
| 180sh Howmet Aerospace Inc. | $6,534 | $6,377 |
| 17sh Northrop Grumman Corporation | $6,108 | $8,125 |
| 54sh Union Pacific Corporation | $9,798 | $12,123 |
| 16sh Adobe Inc. | $8,650 | $5,975 |
| 110sh Amphenol Corporation | $5,077 | $8,088 |
| 210sh Apple Inc. | $12,849 | $33,016 |
| 145sh Microsoft Corporation | $20,500 | $37,913 |
| 33sh Motorola Solutions Inc. | $8,108 | $8,032 |
| 35sh Nvidia Corporation | $9,234 | $5,282 |
| 10sh Servicenow Inc. | $2,551 | $4,346 |
| 55sh Texas Instruments Inc. | $6,550 | $9,086 |
| 100sh Visa Inc. | $18,210 | $19,871 |
| 65sh Vultan Materials | $11,822 | $10,821 |
| 50sh American Tower Corporation | $11,828 | $12,702 |
| 45sh Prologis Inc. | $6,722 | $5,602 |
| 75sh Ameren Corporation | $5,507 | $6,946 |
| 30sh American Water Works Company | $3,613 | $4,453 |
| 30sh Sea Limited ADR | $2,903 | $1,860 |
| 485sh Anta Sports Products Limited | $6,470 | $5,861 |
| 10sh LVMH Moet Hennessy Vuitton | $3,878 | $6,475 |
| 11sh ASML Holdings | $5,019 | $5,331 |
| 110sh IShares China Large Cap ETF | $4,156 | $3,323 |
| 72,586sh OW Large Cap Strategies Fund | $964,674 | $1,069,199 |
| 24,741sh OW Small & Midcap Strategies Fund | $376,464 | $344,151 |
| 1,001sh Vanguard Energy ETF | $74,945 | $113,603 |
| 865sh Vanguard Financials ETF | $74,951 | $70,350 |
| 205sh Vanguard Health Care ETF | $35,070 | $47,470 |
| 1,096sh Vanguard S&P 500 Value ETF | $149,905 | $149,681 |
| 1,382sh Baron Emerging Markets Fund | $15,901 | $18,497 |
| 5,475sh Champlain Mid Cap Institutional Fund | $110,000 | $117,173 |
| 661sh Lazard International Strategic Equity Fund | $6,495 | $8,636 |
| 3,092sh Touchstone Sands Capital Fund | $41,598 | $32,440 |
| 507sh Vanguard Emerging Markets Stock Index Admiral Fund | $18,822 | $17,407 |
| 527sh Vanguard Growth Index Admiral Fund | $39,324 | $64,974 |
| 434sh Vanguard Small Cap Index Admiral Fund | $31,812 | $39,483 |
| 661sh Vanguard Total International Stock Index Admiral Fund | $16,531 | $18,161 |
| 1,273sh Vanguard Total Stock Market Index Admiral Fund | $84,846 | $122,985 |
| 1,028sh Vanguard Value Index Admiral Fund | $39,855 | $54,037 |
| 129sh Vanguard 500 Index Admiral Fund | $35,000 | $47,174 |
| 2,344sh Vanguard Financials ETF | $199,929 | $190,638 |
| 593sh Vanguard Growth ETF | $149,999 | $141,940 |
| 642sh Vanguard Health Care ETF | $112,285 | $148,662 |
| 971sh Vanguard Information Technology ETF | $347,655 | $339,151 |
| 778sh Vanguard Total Stock Market ETF | $111,757 | $154,480 |
| 1,515sh Vanguard Value ETF | $199,963 | $204,283 |
| 6,707sh Champlain Mid Cap Institutional Fund | $130,000 | $143,524 |
| 1,293sh Harbor Capital Appreciation Fund | $110,000 | $90,701 |
| 7,475sh Touchstone Sands Capital Fund | $110,000 | $78,415 |
| 1,130sh Vanguard Total Stock Market Fund | $88,867 | $109,172 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Office Expenses | $219 | $0 | $219 |
| Operating Cost Reimbursement to G.M. Mergens Foundation | $71,285 | $21,390 | $49,895 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Providers Investment Management Services | CategoryTxt |
| Amt | $8,076 | Amt |
| Net Investment Income | $8,076 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Taxes | CategoryTxt |
| Amt | $10,490 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |