FLOYD H GRANAMAN TR UW FBO OLD THRESHERS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FLOYD H GRANAMAN TR UW FBO OLD THRESHERS FOUNDATION (EIN 45-6541472)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-12
IRS object ID
202531329349103033
Schema version
2024v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-12T16:13:02-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN421363298PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MENKE & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1320 N 3RD ST STE 300AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP526015313ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN456541472EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLOYD H GRANAMAN TR UW FBO OLDBusinessNameLine1Txt
Business Name Line2THRESHERS FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFLOYBusinessNameControlTxt
Phone3197542250PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 928AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonF M BANK TRUSTPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3197542250PhoneNum
Signature2025-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY W HENRICHPreparerPersonNm
PTINP01257221PTIN
Phone3197532000PhoneNum
Preparation2025-05-08PreparationDt
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$793,533FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$8,818InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$8,818InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$8,818InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$13,897DividendsRevAndExpnssAmt
Dividends Net Invst Incm$13,897DividendsNetInvstIncmAmt
Dividends Adj Net Incm$13,897DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$51,098NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$444,387GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$51,098CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$10,131NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$73,813TotalRevAndExpnssAmt
Total Net Invst Incm$73,813TotalNetInvstIncmAmt
Total Adj Net Incm$32,846TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$8,121CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$4,061CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$4,060CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$675AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$337AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$338AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$337TaxesRevAndExpnssAmt
Taxes Net Invst Incm$30TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$1,712OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,712OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,845TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,140TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,398TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,720ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,720ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$41,565TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,140TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$35,118TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$32,248ExcessRevenueOverExpensesAmt
Net Investment Income$67,673NetInvestmentIncomeAmt
Adjusted Net Income$32,846AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$16,062SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$32,350SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$32,350SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$171,186CorporateStockBOYAmt
Corporate Stock EOY$252,512CorporateStockEOYAmt
Corporate Stock EOYFMV$331,362CorporateStockEOYFMVAmt
Corporate Bonds BOY$283,934CorporateBondsBOYAmt
Corporate Bonds EOY$135,044CorporateBondsEOYAmt
Corporate Bonds EOYFMV$132,834CorporateBondsEOYFMVAmt
Other Investments BOY$199,739OtherInvestmentsBOYAmt
Other Investments EOY$283,263OtherInvestmentsEOYAmt
Other Investments EOYFMV$296,987OtherInvestmentsEOYFMVAmt
Total Assets BOY$670,921TotalAssetsBOYAmt
Total Assets EOY$703,169TotalAssetsEOYAmt
Total Assets EOYFMV$793,533TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$670,921RetainedEarningBOYAmt
Retained Earning EOY$703,169RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$670,921TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$703,169TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$670,921TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$703,169TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$670,921TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$32,248ExcessRevenueOverExpensesAmt
Subtotal$703,169SubtotalAmt
Tot Net Ast Or Fund Balances EOY$703,169TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
NET STCGP2024-01-112024-11-19$107,249$97,118$10,131$10,131
NET LTCGP2023-06-012024-11-19$332,856$296,171$36,685$36,685
FieldValueIRS element (for citing)
Capital Gain Net Income$51,098CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$10,131NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$941InvestmentIncomeExciseTaxAmt
Subtotal$941SubtotalAmt
Tax Based On Investment Income$941TaxBasedOnInvestmentIncomeAmt
Tax Due$941TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1F & M BANK & TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3197542250PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 928AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52601ZIPCd
FieldValueIRS element (for citing)
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
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1F & M BANK & TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 928AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52601ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$8,121CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$760,501AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$19,400AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$779,901TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$779,901AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,699CashDeemedCharitableAmt
Net Vl Noncharitable Assets$768,202NetVlNoncharitableAssetsAmt
Minimum Investment Return$38,410MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$38,410MinimumInvestmentReturnAmt
Tax Based On Investment Income$941TaxBasedOnInvestmentIncomeAmt
Total Tax$941TotalTaxAmt
Distributable Before Adj$37,469DistributableBeforeAdjAmt
Distributable Before Ded$37,469DistributableBeforeDedAmt
Distributable As Adjusted$37,469DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$35,118ExpensesAndContributionsAmt
Qualifying Distributions$35,118QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$37,469DistributableAsAdjustedAmt
Undistributed Income PY$30,720UndistributedIncomePYAmt
Qualifying Distributions$35,118QualifyingDistributionsAmt
Applied To Year1$30,720AppliedToYear1Amt
Applied To Current Year$4,398AppliedToCurrentYearAmt
Undistributed Income CY$33,071UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonOLD THRESHERS FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1405 E THREASHERS ROADAddressLine1Txt
CityMT PLEASANTCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52641ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusNON PROFITRecipientFoundationStatusTxt
Grant Or Contribution PurposeOPERATIONS OF NON PROFIT ENTITYGrantOrContributionPurposeTxt
Amt$30,720Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,720TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,818ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$13,897ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$51,098ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$73,813ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$73,813TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$675Amt
Net Investment Income$337NetInvestmentIncomeAmt
Disbursements Charitable Prps$338DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm
EOY Book Value$135,044EOYBookValueAmt
EOYFMV$132,834EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$252,512EOYBookValueAmt
EOYFMV$331,362EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$283,263BookValueAmt
EOYFMV$296,987EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BOND AMORTIZATION$1,712$1,712

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX$30$30
990PF TAX$307

Comments

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