WOODS CHARITABLE FUND INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WOODS CHARITABLE FUND INC (EIN 47-6032847)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-10
- IRS object ID
- 202331309349100923
- Schema version
- 2022v5.0
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-10T09:41:43-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1248 O STREET STE 1040 | AddressLine1Txt |
| City | LINCOLN | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 685081461 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 476032847 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Woods Charitable Fund Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % TOM WOODS | InCareOfNm |
| Business Name Control | WOOD | BusinessNameControlTxt |
| Phone | 4024365971 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1248 O STREET STE 1130 | AddressLine1Txt |
| City | LINCOLN | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68508 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS C WOODS IV | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 4024365971 | 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 | THOMAS C | PersonFirstNm |
| Person Last | WOODS IV | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01063388 | PTIN |
| Phone | 4024737600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,378,147 | 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 | $3,742 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,742 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $593,771 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $593,771 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $730,119 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,511,539 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $730,119 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $26,344 | IncmModificationsAdjNetIncmAmt |
| Total Rev And Expnss | $1,327,632 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,327,632 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $26,344 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $173,294 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $173,294 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $290,595 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $290,595 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $89,753 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $89,753 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,414 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $354 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,060 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,497 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,624 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,873 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $70,652 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $56,518 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $14,134 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $75,503 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $17,892 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $32,158 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $68,587 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $68,587 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,188 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,188 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $3,634 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $3,634 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $14,946 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $14,946 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $801,063 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $77,388 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $698,222 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,327,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,547,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,128,063 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $77,388 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,245,222 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,800,431 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,250,244 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $26,344 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $129,201 | CashBOYAmt |
| Cash EOY | $240,655 | CashEOYAmt |
| Cash EOYFMV | $240,655 | CashEOYFMVAmt |
| Corporate Stock BOY | $27,828,408 | CorporateStockBOYAmt |
| Corporate Stock EOY | $26,722,889 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,137,492 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $27,957,609 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,963,544 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,378,147 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $504 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $526 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $504 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $526 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $27,957,105 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $26,963,018 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,957,105 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,963,018 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,957,609 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,963,544 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,957,105 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,800,431 | ExcessRevenueOverExpensesAmt |
| Other Increases | $26,344 | OtherIncreasesAmt |
| Subtotal | $26,183,018 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,183,018 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | EXHIBIT 1 | PropertyDesc |
| Gain Or Loss | $730,119 | GainOrLossAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $730,119 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,378 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $17,378 | SubtotalAmt |
| Tax Based On Investment Income | $17,378 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,570 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $11,570 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $5,808 | TaxDueAmt |
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 | NE | 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 | WWW.WOODSCHARITABLE.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOM WOODS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4024365971 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1248 O STREET SUITE 1130 | AddressLine1Txt |
| City | LINCOLN | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68508 | 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 | 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL TAVLIN | ||||||||
| 1248 O Street Ste 1130 | Lincoln | NE | 68508 | ASSISTANT TREASURER | 0 | $0 | $0 | $0 |
| EDWARD WIMES | ||||||||
| 1248 O Street Ste 1130 | Lincoln | NE | 68508 | VICE CHAIR | 0 | $3,100 | $0 | $0 |
| HANK WOODS | ||||||||
| 1248 O Street Ste 1130 | lincoln | NE | 68508 | TREASURER | 0 | $3,100 | $0 | $0 |
| NELLE WOODS JAMISON | ||||||||
| 1248 O Street Ste 1130 | Lincoln | NE | 68508 | CHAIR | 0 | $3,100 | $0 | $0 |
| PABLO CERVANTES | ||||||||
| 1248 O Street Ste 1130 | lincoln | NE | 68508 | DIRECTOR | 0 | $3,100 | $0 | $0 |
| JAY CONRAD | ||||||||
| 1248 O Street Ste 1130 | Lincoln | NE | 68508 | DIRECTOR | 0 | $3,100 | $0 | $0 |
| SUK WORTMAN | ||||||||
| 1248 O Street Ste 1130 | lincoln | NE | 68508 | DIRECTOR | 0 | $3,100 | $0 | $0 |
| THOMAS C WOODS IV | ||||||||
| 1248 O Street Ste 1130 | Lincoln | NE | 68508 | PRESIDENT/SECRETARY | 40.0 | $151,594 | $35,490 | $0 |
| MICHELLE SUAREZ | ||||||||
| 1248 O STREET SUITE 1130 | LINCOLN | NE | 68508 | DIRECTOR | 0 | $3,100 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| JOAN STOLLE | |||||||
| 1248 O STREET STE 1130 | LINCOLN | NE | 68508 | OPERATIONS MANAGER | 40.0 | $139,000 | $15,198 |
| KATHY STEINAUER SMITH | |||||||
| 1248 O STREET STE 1130 | LINCOLN | NE | 68508 | INVESTMENT DIRECTOR | 40.0 | $97,932 | $23,369 |
| NICOLE JURANEK | |||||||
| 1248 O STREET STE 1130 | LINCOLN | NE | 68508 | INVESTMENT DIRECTOR | 29.0 | $53,663 | $5,838 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD INSTITUTIONAL ADVISORY SERVICES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3009 | AddressLine1Txt |
| City | MONROE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53566 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT SERVICES | ServiceTypeTxt |
| Compensation | $56,518 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,444,875 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $607,626 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,052,501 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $29,052,501 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $435,788 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,616,713 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,430,836 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,430,836 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,378 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,378 | TotalTaxAmt |
| Distributable Before Adj | $1,413,458 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $26,344 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,439,802 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,439,802 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,245,222 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,245,222 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,439,802 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $616,799 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $591,708 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $534,520 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $767,120 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $662,645 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,172,792 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,245,222 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,439,802 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $805,420 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,978,212 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $616,799 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,361,413 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $591,708 | ExcessFromYear4Amt |
| Excess From Year3 | $534,520 | ExcessFromYear3Amt |
| Excess From Year2 | $767,120 | ExcessFromYear2Amt |
| Excess From Year1 | $662,645 | ExcessFromYear1Amt |
| Excess From Current Year | $805,420 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE EXHIBIT 3 | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1248 O St Suite 1130 | AddressLine1Txt |
| City | Lincoln | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4024365971 | RecipientPhoneNum |
| Form And Info And Materials | SEE EXHIBIT 3 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE EXHIBIT 3 | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE EXHIBIT 3 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE EXHIBIT 2 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE EXHIBIT 2 | AddressLine1Txt |
| City | Lincoln | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE EXHIBIT 2 | GrantOrContributionPurposeTxt |
| Amt | $1,547,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,547,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE EXHIBIT 4 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1248 O STREET STE 1130 | AddressLine1Txt |
| City | Lincoln | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE EXHIBIT 4 | GrantOrContributionPurposeTxt |
| Amt | $780,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $780,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,742 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $593,771 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $730,119 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,327,632 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,327,632 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING | $1,192 | $298 | $894 |
| AUDIT | $9,305 | $2,326 | $6,979 |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE EXHIBIT 5 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | OTHER INVESTMENTS | StockNm |
| EOY Book Value | $26,722,889 | EOYBookValueAmt |
| EOYFMV | $26,137,492 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,414 | LegalFeesAmt |
| Net Investment Income | $354 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,060 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| MEMBERSHIPS & DUES | $5,725 | $5,725 |
| OFFICE SUPPLIES | $5,839 | $5,839 |
| POSTAGE | $182 | $182 |
| INSURANCE | $1,422 | $1,422 |
| MISCELLANEOUS | $1,009 | $1,009 |
| DATA COMMUNICATIONS | $724 | $724 |
| STAFF EXPENSES | $45 | $45 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc |
|---|
| OTHER INCOME - RIIFL Real Estate Fund |
| UNRELATED BUSINESS INCOME TAX REFUND |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANT RECOVERIES | Desc |
| Amt | $26,344 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEE | $56,518 | $56,518 | |
| CONSULTANTS WEBSITE & GRANTS | $14,134 | $14,134 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PAYROLL TAXES | $32,158 | $32,158 | |
| FOREIGN TAXES | $17,892 | $17,892 | |
| EXCISE TAX | $25,453 |
Comments