MUTUALBANK CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MUTUALBANK CHARITABLE FOUNDATION (EIN 35-2064221)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-15
- IRS object ID
- 202311359349104081
- Schema version
- 2021v4.0
- 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
- Dissolution Stmt
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-15T14:50:49-04:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043587095 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTEP BURKEY SIMMONS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 42 | AddressLine1Txt |
| City | MUNCIE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 473080042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352064221 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUTUALBANK CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUTU | BusinessNameControlTxt |
| Phone | 7657472945 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 E CHARLES ST | AddressLine1Txt |
| City | MUNCIE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER COOK | PersonNm |
| Person Title | VICE PRES/TREASURER | PersonTitleTxt |
| Phone | 7657609852 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRIS | PersonFirstNm |
| Person Last | COOK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PATRICK W BURKEY | PreparerPersonNm |
| PTIN | P00444925 | PTIN |
| Phone | 7652847554 | PhoneNum |
| Preparation | 2023-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $1,704 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,704 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,704 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $290,021 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $290,021 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $290,021 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,494,310 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,378,993 | GrossSalesPriceAmt |
| Total Rev And Expnss | $4,786,035 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $291,725 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $291,725 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $8,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $8,000 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,315 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $6,194 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,293 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,901 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,509 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,293 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,901 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,630,230 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,747,230 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,650,739 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,293 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,757,131 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,864,704 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $287,432 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $291,725 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,923 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $541,120 | SavAndTempCashInvstBOYAmt |
| Corporate Stock BOY | $7,138,643 | CorporateStockBOYAmt |
| Other Investments BOY | $647 | OtherInvestmentsBOYAmt |
| Total Assets BOY | $7,688,333 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,200 | AccountsPayableBOYAmt |
| Grants Payable BOY | $267,331 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $272,531 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $7,415,802 | RetainedEarningBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,415,802 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,688,333 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,415,802 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,864,704 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,551,098 | SubtotalAmt |
| Other Decreases | $4,551,098 | OtherDecreasesAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,995 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,995 | SubtotalAmt |
| Tax Based On Investment Income | $3,995 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,381 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,381 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,386 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $1,386 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IN | 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 | THE ORGANIZATION | IndividualWithBooksNm |
| Phone | 7657472945 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 E CHARLES ST | AddressLine1Txt |
| City | MUNCIE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47305 | 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 |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| DAVE HEETER | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| CHRISTOPHER COOK | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | VICE PRES/TR | 1.00 | $0 | $0 | $0 |
| MELISSA GREER | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | SECRETARY | 1.00 | $0 | $0 | $0 |
| R DONN ROBERTS | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | CHAIRMAN | 1.00 | $0 | $0 | $0 |
| LINN CRULL | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SARA SHADE HAMILTON | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | DIRECTOR | 1.00 | $1,000 | $0 | $0 |
| CAROL SEALS | ||||||||
| 110 E CHARLES ST | MUNCIE | IN | 47305 | DIRECTOR | 1.00 | $0 | $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 | $7,542,343 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $70,236 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,612,579 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $7,612,579 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $114,189 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,498,390 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $374,920 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $374,920 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,995 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,995 | TotalTaxAmt |
| Distributable Before Adj | $370,925 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $370,925 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $370,925 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,757,131 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $7,757,131 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $370,925 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $12,862 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $12,862 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,757,131 | QualifyingDistributionsAmt |
| Applied To Current Year | $370,925 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,386,206 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,399,068 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $7,399,068 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $12,862 | ExcessFromYear2Amt |
| Excess From Current Year | $7,386,206 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|
| BALL STATE UNIVERSITY-MCS | ||||||
| 2000 W UNIVERSITY AVE | MUNCIE | IN | 47306 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $250,000 | |
| EAST CENTRAL INDIANA REGIONAL | ||||||
| 420 S HIGH ST | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $5,000 | PARTNERSHIP |
| MUNCIE CHILDREN'S MUSEUM | ||||||
| 515 S HIGH ST | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $80,000 | |
| UWAY - MONROE | ||||||
| 431 S COLLEGE AVE | BLOOMINGTON | IN | 47403 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $1,000 | |
| UWAY- DELAWARE | ||||||
| 400 N HIGH ST STE 300 | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $42,000 | |
| UWAY- GRANT | ||||||
| 215 S ADAMS ST | MARION | IN | 46952 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $6,250 | |
| UWAY-ALLEN | ||||||
| 334 E BERRY ST | FORT WAYNE | IN | 46802 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $1,000 | |
| UWAY-ELKHART | ||||||
| 601 COUNTY RD 17 | ELKHART | IN | 46516 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $1,500 | |
| UWAY-JOHNSON | ||||||
| 594 IRONWOOD DR | FRANKLIN | IN | 46131 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $1,000 | |
| UWAY-KOSCIUSKO | ||||||
| 119 E CENTER ST A5 | WARSAW | IN | 46580 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $6,250 | |
| UWAY-ST JOES | ||||||
| 3517 E JEFFERSON BLVD | SOUTH BEND | IN | 46615 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $7,500 | |
| YMCA OF MUNCIE | ||||||
| 500 S MULBERRY ST | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF ORG | $250,000 | |
| URBAN LIGHT COMMUNITY DEVELOPMENT | ||||||
| 1400 S MADISON ST | MUNCIE | IN | 47302 | FURTHER EXEMPT PURPOSE OF ORG | $10,000 | |
| MUNCIE ARTS & CULTURE COUNCIL | ||||||
| 608 E MAIN ST | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF ORG | $10,000 | |
| MUNCIE MISSION MINISTRIES | ||||||
| 1725 S LIBERTY ST | MUNCIE | IN | 47302 | FURTHER EXEMPT PURPOSE OF ORG | $25,000 | |
| KOSCIUSKO COUNTY COMMUNITY | ||||||
| 102 E MARKET ST | WARSAW | IN | 46580 | FURTHER EXEMPT PURPOSE OF ORG | $50,000 | FOUNDATION INC |
| COMMUNITY FOUNDATION OF RANDOLPH | ||||||
| 120 W WASHINGTON ST | WINCHESTER | IN | 47394 | FURTHER EXEMPT PURPOSE OF ORG | $10,000 | COUNTY INC |
| MUNCIE SPORTS COMMISSION | ||||||
| 1208 W WHITE RIVER BLVD | MUNCIE | IN | 47303 | FURTHER EXEMPT PURPOSE OF ORG | $2,500 | |
| UWAY- DELAWARE | ||||||
| 400 N HIGH ST STE 300 | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $1,000 | |
| CARDINAL GREENWAYS | ||||||
| 700 E WYSOR STREET | MUNCIE | IN | 47305 | FURTHER EXPEMPT PURPOSE OF RECIPIENT | $25,000 | |
| BALL STATE UNIVERSITY-MCS | ||||||
| 2000 W UNIVERSITY AVE | MUNCIE | IN | 47306 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $11,000 | |
| COMMUNITY FOUNDATION OF MUNCIE & | ||||||
| 201 E JACKSON ST 100 | MUNCIE | IN | 47305 | FURTHER EXEMPT PURPOSE OF RECIPIENT | $6,951,230 | DELAWARE COUNTY INC |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,747,230 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,704 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $290,021 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $4,494,310 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,786,035 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,786,035 | 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 | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $8,000 | Amt |
| Disbursements Charitable Prps | $8,000 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COMMUNITY FOUNDATION OF MUNCIE | BusinessNameLine1Txt |
| Business Name Line2 | & DELAWARE COUNTY INC | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 807 | AddressLine1Txt |
| City | MUNCIE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47308 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | TRANSFER OF ALL ASSETS TO 501(C)3 ORG. | ShortExplanationTxt |
| Dissolution | $6,951,230 | DissolutionAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (17 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| NORTHWEST BANCSHARES INC | DONATION | 2022-06 | $6,542,699 | $2,000,000 | $4,542,699 |
| WATER ISLAND CREDIT OPPORTUNITIES FD | PURCHASE | 2022-05 | $82,843 | $84,904 | -$2,061 |
| FEDERATED HERMES INSTL HIGH YIELD BD | PURCHASE | 2022-02 | $38,872 | $40,211 | -$1,339 |
| FEDERATED HERMES BOND FUND INSTITUT | PURCHASE | 2022-02 | $79,504 | $79,671 | -$167 |
| INVESCO BULLTSHRS 2025 HI YLD BND | PURCHASE | 2022-05 | $47,787 | $49,642 | -$1,855 |
| INVESCO BULLTSHRS 2024 HI YLD BND | PURCHASE | 2022-05 | $47,021 | $49,646 | -$2,625 |
| ISHARES CORE US AGGREGATE BOND ETF | PURCHASE | 2022-05 | $61,300 | $66,703 | -$5,403 |
| ISHARES TRUST PREFERRED AND INCOME | PURCHASE | 2022-05 | $47,171 | $50,764 | -$3,593 |
| ISHARES IBONDS DEC 2025 TERM CORP | PURCHASE | 2022-05 | $24,418 | $25,587 | -$1,169 |
| ISHARES IBONDS DEC 24 TERM CORP ETF | PURCHASE | 2022-05 | $24,715 | $25,583 | -$868 |
| METROPOLITAN WEST TOTAL RETURN BOND | PURCHASE | 2022-05 | $35,945 | $40,000 | -$4,055 |
| MILLER CONVERTIBLE BOND I | PURCHASE | 2022-05 | $82,112 | $90,039 | -$7,927 |
| NEUBERGER BERMAN STRATEGIC INCOME | PURCHASE | 2022-05 | $81,382 | $88,635 | -$7,253 |
| SPDR DOUBLELINE TOTAL RETURN TACTIC | PURCHASE | 2022-02 | $60,733 | $63,957 | -$3,224 |
| SPDR BLOOMBERG BARCLAYS HIGH YIELD B | PURCHASE | 2022-02 | $63,371 | $66,667 | -$3,296 |
| VANGUARD GNMA FUND ADMIRAL SHARES | PURCHASE | 2022-02 | $37,984 | $40,008 | -$2,024 |
| VANGUARD SHORT TERM CORPORATE BOND | PURCHASE | 2022-05 | $21,136 | $22,666 | -$1,530 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm |
|---|
| NORTHWEST BANCSHARES INC |
| WEALTH MANAGEMENT TRUST |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ACCRUED INTEREST | CategoryOrItemTxt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CHANGE IN UNREALIZED GAINS/LOSSES | $4,550,179 |
| CHANGE IN GRANT COMMITMENTS PAYABLE | $919 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| INSURANCE | $1,511 | $1,511 | |
| TRUST EXPENSE | $4,293 | $4,293 | |
| MISCELLANEOUS | $390 | $390 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX EXPENSE | CategoryTxt |
| Amt | $5,315 | Amt |
Comments