CAMARA-PRESS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CAMARA-PRESS FOUNDATION (EIN 27-1985444)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-14
IRS object ID
202511349349102531
Schema version
2024v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T10:04:17-00:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN364290662PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHN A PIERANUNZI AND ASSOC LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE TRANS AM PLAZA DRAddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271985444EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAMARA-PRESS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% THOMAS PRESSInCareOfNm
Business Name ControlCAMABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13515 GREEN RIDGE ROADAddressLine1Txt
CityMINNETONKACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55305ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS PRESSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN PIERANUNZIPreparerPersonNm
PTINP01452385PTIN
Phone6306911040PhoneNum
Preparation2025-05-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$23,713,274FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$460,600ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$422InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$422InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$520,973DividendsRevAndExpnssAmt
Dividends Net Invst Incm$520,973DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,571,970NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$13,220,247GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,571,970CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,553,965TotalRevAndExpnssAmt
Total Net Invst Incm$2,093,365TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$825AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$825AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$7,928TaxesRevAndExpnssAmt
Taxes Net Invst Incm$7,928TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$93,234OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$93,234OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$101,987TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$101,987TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,169,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,169,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,270,987TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$101,987TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,169,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,282,978ExcessRevenueOverExpensesAmt
Net Investment Income$1,991,378NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Corporate Stock BOY$21,683,429CorporateStockBOYAmt
Corporate Stock EOY$23,713,274CorporateStockEOYAmt
Corporate Stock EOYFMV$23,713,274CorporateStockEOYFMVAmt
Total Assets BOY$21,683,429TotalAssetsBOYAmt
Total Assets EOY$23,713,274TotalAssetsEOYAmt
Total Assets EOYFMV$23,713,274TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$21,683,429RetainedEarningBOYAmt
Retained Earning EOY$23,713,274RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$21,683,429TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$23,713,274TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$21,683,429TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$23,713,274TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$21,683,429TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,282,978ExcessRevenueOverExpensesAmt
Other Increases$746,867OtherIncreasesAmt
Subtotal$23,713,274SubtotalAmt
Tot Net Ast Or Fund Balances EOY$23,713,274TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCHARLES SCHWAB 5976PropertyDesc
How AcquiredDHowAcquiredCd
Acquired2023-12-31AcquiredDt
Sold2024-12-31SoldDt
Gross Sales Price$13,220,247GrossSalesPriceAmt
Cost Or Other Basis$11,648,277CostOrOtherBasisAmt
Gain Or Loss$1,571,970GainOrLossAmt
Gains Minus Excess Or Losses$1,571,970GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,571,970CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$27,680InvestmentIncomeExciseTaxAmt
Subtotal$27,680SubtotalAmt
Tax Based On Investment Income$27,680TaxBasedOnInvestmentIncomeAmt
Es Penalty$358EsPenaltyAmt
Tax Due$28,038TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
THOMAS PRESS
3515 GREEN RIDGE ROADMINNETONKAMN55305DIRECTOR010.00$0
STELLA J CAMARA PRESS
3515 GREEN RIDGE ROADMINNETONKAMN55305DIRECTOR010.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$22,698,352AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$239,175AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$22,937,527TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$22,937,527AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$344,063CashDeemedCharitableAmt
Net Vl Noncharitable Assets$22,593,464NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,129,673MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,129,673MinimumInvestmentReturnAmt
Tax Based On Investment Income$27,680TaxBasedOnInvestmentIncomeAmt
Total Tax$27,680TotalTaxAmt
Distributable Before Adj$1,101,993DistributableBeforeAdjAmt
Distributable Before Ded$1,101,993DistributableBeforeDedAmt
Distributable As Adjusted$1,101,993DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,169,000ExpensesAndContributionsAmt
Qualifying Distributions$1,169,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,101,993DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$551,050ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$797,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,082,000ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,006,000ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,015,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,451,050TotalExcessDistributionCyovAmt
Qualifying Distributions$1,169,000QualifyingDistributionsAmt
Applied To Current Year$1,101,993AppliedToCurrentYearAmt
Remaining Distri From Corpus$67,007RemainingDistriFromCorpusAmt
Total Corpus$4,518,057TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$551,050ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,967,007ExcessDistriCyovToNextYrAmt
Excess From Year4$797,000ExcessFromYear4Amt
Excess From Year3$1,082,000ExcessFromYear3Amt
Excess From Year2$1,006,000ExcessFromYear2Amt
Excess From Year1$1,015,000ExcessFromYear1Amt
Excess From Current Year$67,007ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Minneapolis Recreation Development
7220 YORK AVENUE S APT 610EDINAMN55435POFCHARITABLE$100,000
Police Chaplin's Ministry of Chicago
1140 W JACKSON BLVDCHICAGOIL606072906POFCHARITABLE$75,000
JDRF-Minneapolis St Paul
3001 METRO DRIVE UNIT 100BLOOMINGTONMN55425POFCHARITABLE$75,000
Childrens Minnesota Foundation
5901 LINCOLN DRIVEEDINAMN55436POFCHARITABLE$50,000
Minnesota Wrestling Club
4030 VALENTINE COURTARDEN HILLSMN55112POFCHARITABLE$175,000
Odyssey Project
2238 PARK STREETMADISONWI53713POFCHARITABLE$40,000
Jeremiah Program
1510 LAUREL AVEMINNEAPOLISMN55403POFCHARITABLE$34,000
Andrea Miller Foundation
PO BOX 163EXCELSIORMN55331POFCHARITABLE$10,000
Animal Humane Society
845 MEADOW LANE NORTHGOLDEN VALLEYMN55422POFCHARITABLE$35,000
The Constellation Fund
323 N WASHINGTONMINNEAPOLISMN55401POFCHARITABLE$250,000
Saint Louis School
3142 WAIALAEHONOLULUHI96816POFCHARITABLE$40,000
Hospitality House Youth Development
1220 LOGAN AVEMINNEAPOLISMN55441POFCHARITABLE$30,000
Second Harvest Heartland
7101 WINNETKA AVE NORTHBROOKLYN PARKMN55428POFCHARITABLE$50,000
Can Do Canines
9440 SCIENCE CENTER DRIVENEW HOPENH03101POFCHARITABLE$10,000
Sheldrick Wildlife Trust USA
2583 CABOT ROAD STE 101LAGUNA HILLSCA92653POFCHARITABLE$25,000
Groveland Food Shelf
1900NICOLLET AVE SOUTHMINNEAPOLISMN55403POFCHARITABLE$50,000
Puohala School
45-233 KULAULI STREETKANEOHEHI967442811POFCHARITABLE$10,000
The Embrace Foundation
4980 S ALMA SCHOOL ROAD UNIT 2CHANDLERAZ85248POFCHARITABLE$5,000
Hotel for Homeless Dogs
44 MARTIN STREETCUMBERLANDRI02864POFCHARITABLE$5,000
Spark Academy of Advanced Technologies
1066 Front St Unit 300ManchesterNH03102POFCHARITABLE$50,000
Union Gospel Mission Twin Cities
7101 Winnetka AveBrooklyn ParkMN55428POFCHARITABLE$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,169,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$422UnrelatedBusinessTaxblIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$520,973UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$1,571,970UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$2,093,365UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,093,365TotalIncomeProducingActyAmt

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonTHOMAS CAMARA PRESSContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13515 GREEN RIDGEAddressLine1Txt
CityMINNETONKACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55305ZIPCd
FieldValueIRS element (for citing)
Total Contributions$0TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$825Amt
Net Investment Income$825NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMERRILL LYNCHStockNm
EOY Book Value$23,713,274EOYBookValueAmt
EOYFMV$23,713,274EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENT ADVISORY FEES SCHWABDesc
Revenue And Expenses Per Books$93,234RevenueAndExpensesPerBooksAmt
Net Investment Income$93,234NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINSDesc
Amt$746,867Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXCategoryTxt
Amt$7,928Amt
Net Investment Income$7,928NetInvestmentIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.