THE TAYLOR FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE TAYLOR FOUNDATION (EIN 45-4904514)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-14
- IRS object ID
- 202541349349101369
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T08:40:02-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454904514 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Taylor Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TAYL | BusinessNameControlTxt |
| Phone | 5076252828 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Dr | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Glen A Taylor | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 5076252828 | PhoneNum |
| Signature | 2025-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2025-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,369,243 | 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 | $1,129,785 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $289,917 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $289,917 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,601,048 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,304,463 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,601,048 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $34,129 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $34,129 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,054,879 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,925,094 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,255 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,255 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $77,786 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $77,786 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $60,353 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,962 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $18,444 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,790 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $15,654 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $159,838 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $84,538 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $18,909 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,100,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,100,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,259,838 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $84,538 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,118,909 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,795,041 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,840,556 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $138,226 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $276,565 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $276,564 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,803,041 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,615,159 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,165,497 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,963,962 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,808,546 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,927,182 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,905,229 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,700,270 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,369,243 | TotalAssetsEOYFMVAmt |
| 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 | $8,905,229 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,700,270 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,905,229 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,700,270 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,905,229 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,700,270 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,905,229 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,795,041 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,700,270 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,700,270 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly traded securities | P | $8,083,888 | $5,448,032 | $2,635,856 | $2,635,856 |
| Publicly traded securities | P | $1,220,575 | $1,255,383 | -$34,808 | -$34,808 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,601,048 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $39,484 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $39,484 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $39,484 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,200 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $28,200 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $500 | EsPenaltyAmt |
| Tax Due | $11,784 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Glen A Taylor | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5076252828 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Drive | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| Glen A Taylor | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| Rebecca L Taylor | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| Megan Mulvihill | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| Therese A Taylor | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| Robert D Nelson | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| Nancy Zallek | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $0 | $0 | $0 |
| David Krause | ||||||||
| 1725 Roe Crest Drive | North Mankato | MN | 56003 | Director/ Grant Committee Member | 0.50 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,626,369 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $270,465 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,896,834 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,896,834 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $193,453 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,703,381 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $635,169 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $635,169 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $39,484 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $39,484 | TotalTaxAmt |
| Distributable Before Adj | $595,685 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $595,685 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $595,685 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,118,909 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,118,909 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $595,685 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $86,124 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,118,909 | QualifyingDistributionsAmt |
| Applied To Year1 | $86,124 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $595,685 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $437,100 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $437,100 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $437,100 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $437,100 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Glen A Taylor | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Glen A Taylor | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Drive | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5076252828 | RecipientPhoneNum |
| Form And Info And Materials | Letter to Foundation Grant Committee describing nature of request. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Mankato Youth Place | |||||||
| 1315 Stadium Road | Mankato | MN | 56001 | None | PC | Capital Campaign | $750,000 |
| Loyola Catholic School | |||||||
| 145 Good Counsel Dr | Mankato | MN | 560013146 | None | PC | Operations | $250,000 |
| Concordia Classical Academy | |||||||
| 13229 Oak Creek Road | Verona | KY | 410929232 | None | PC | Operations | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,100,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $289,917 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $33,769 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,601,048 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Misc Income | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $360 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,925,094 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,925,094 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Glen A Taylor Foundation | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1725 Roe Crest Drive | AddressLine1Txt |
| City | North Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 5,308.136 shares JCRIX | $38,006 | 2024-03-04 |
| 1 | 1,725 shares SGOV | $173,078 | 2024-03-04 |
| 1 | 29,851 Shares OMBIX | $300,003 | 2024-03-04 |
| 1 | 28,964.484 shares VSBSX | $560,173 | 2024-03-04 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $3,255 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,255 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (212 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ANSYS Inc | $12,282 | $12,819 |
| Abbott Labs | $72,262 | $74,539 |
| Abbvie Inc | $93,902 | $100,578 |
| Accenture Plc | $142,609 | $144,234 |
| AGNICO EAGLE MINES LTD | $30,956 | $38,714 |
| AKAMAI TECHNOLOGIES INC | $12,605 | $10,713 |
| Albany Intl CRP | $7,439 | $6,398 |
| Albemarle Corp | $9,990 | $6,886 |
| Amadeus IT Group | $23,143 | $23,799 |
| Ambev SA | $15,031 | $10,515 |
| Amer Express Company | $24,110 | $38,286 |
| American Tower Reit | $27,671 | $26,718 |
| Amphenol Corp | $17,693 | $16,599 |
| Analog Devices Inc | $117,457 | $131,088 |
| AON PLC Reg | $45,061 | $52,078 |
| Apple Inc | $102,408 | $141,988 |
| ArchRock Inc | $13,164 | $20,410 |
| Arrow Electronics | $10,719 | $10,294 |
| Ase Technology | $22,062 | $23,685 |
| Asml Holding N.V Ord | $21,168 | $18,273 |
| Bae Systems PLC | $21,092 | $20,583 |
| Baidu Inc | $12,203 | $9,527 |
| Baker Hughes | $7,320 | $7,343 |
| Banco Bradesco | $11,985 | $7,384 |
| Bancolombia | $13,847 | $14,369 |
| Barclays | $19,003 | $31,884 |
| Berkshire Hathaway Inc | $41,566 | $51,221 |
| Bio Rad Labs | $11,722 | $12,483 |
| Boeing Company | $48,846 | $43,896 |
| Borg Warner Inc | $9,695 | $8,965 |
| Box Inc | $11,533 | $13,778 |
| Broadcom Inc | $76,077 | $137,713 |
| BXP Inc | $10,312 | $11,675 |
| Byd Company Ltd | $12,048 | $15,822 |
| Cabot Corp | $9,397 | $11,049 |
| CAE Inc | $17,351 | $22,867 |
| Canadian Natl Railway Co | $20,013 | $16,851 |
| Capgemini | $20,013 | $15,394 |
| Capital One | $34,745 | $33,881 |
| Carnival Corp | $14,189 | $21,930 |
| Caterpillar Inc | $39,901 | $38,453 |
| Cbre Group Inc | $14,512 | $22,057 |
| Centene Corp | $11,137 | $9,996 |
| CF Inds Hldgs Inc | $15,586 | $17,149 |
| Charles River Labs Intl | $14,252 | $11,999 |
| Check Point Softwre Tech | $19,325 | $23,524 |
| Chevron Corp | $25,853 | $25,492 |
| China Life Ins Co Ltd | $3,630 | $5,632 |
| Chubb Ltd | $29,418 | $35,643 |
| Cigna Groupe | $70,605 | $65,997 |
| Cirrus Logic Inc | $10,201 | $11,551 |
| Citigroup Inc | $20,536 | $29,916 |
| Cme Group Inc | $25,724 | $26,010 |
| Comcast Corp | $50,788 | $42,972 |
| Conmed Corp | $10,726 | $8,555 |
| Conocophillips | $131,235 | $110,277 |
| Continental AG | $16,712 | $14,449 |
| Copt Defence Propoerties | $6,879 | $8,542 |
| Cummins Inc | $26,835 | $28,237 |
| D F Horton Inc | $10,221 | $9,927 |
| Danaher Corp | $10,698 | $12,508 |
| Darden Restaurants Inc | $48,892 | $44,303 |
| DBS Group Holdings LTD | $18,281 | $24,997 |
| Deere Co | $25,765 | $28,812 |
| Denso Corp | $20,627 | $17,905 |
| Diageo | $18,303 | $15,826 |
| Diageo PLC SPSD ADR | $32,892 | $29,494 |
| Diodes Inc | $6,157 | $5,427 |
| DNB Bank ASA | $18,312 | $18,307 |
| Dominion Energy Inc | $44,612 | $47,074 |
| Dte Energy Company | $41,733 | $45,885 |
| Duke Energy Corp | $86,819 | $99,336 |
| Eastman Chemical Co | $10,237 | $10,867 |
| Eaton Corp | $20,692 | $29,205 |
| Ecopetrol SA Spon | $8,337 | $5,528 |
| Eli Lilly & Co | $51,144 | $57,900 |
| Emerson Elec Co | $57,740 | $69,153 |
| Entain Plc | $20,134 | $16,929 |
| Eog Resources Inc | $53,149 | $52,832 |
| Equinor ASA | $21,361 | $16,725 |
| Erste Group Bank AG | $21,462 | $31,522 |
| Eurofins Scientific SE | $16,953 | $14,450 |
| Everst Group LTD | $18,237 | $17,398 |
| Exxon Mobil Corp | $123,844 | $123,168 |
| FirstCash Hldgs Inc | $9,472 | $8,702 |
| FirstEnergy Corp | $20,164 | $20,367 |
| Formfactor Inc | $10,271 | $10,604 |
| Freeport-McMorgan Inc | $43,769 | $36,366 |
| Gallagher Arther J & Co | $76,541 | $86,858 |
| Gatx Corporation | $15,286 | $19,370 |
| Genl Dynamics Group | $38,244 | $39,787 |
| Grupo Finciero Banorte | $24,516 | $16,114 |
| Halma PLC | $16,008 | $19,162 |
| HDFC Bank LTD | $15,481 | $16,476 |
| Heineken NV | $15,359 | $11,311 |
| Hexcel Corp New Com | $12,048 | $10,847 |
| Hitachi Corp | $22,399 | $35,713 |
| Hologic Inc | $13,120 | $12,904 |
| Home Depot Inc | $38,640 | $42,789 |
| Honewell Intl Inc | $37,475 | $42,016 |
| Houlihan Lokey Inc | $13,627 | $19,450 |
| Huntington Ingalls Inds | $10,147 | $7,559 |
| ICICI Bank Ltd | $20,575 | $24,903 |
| Icon Plc | $29,434 | $22,439 |
| Illinois Tool Works Inc | $29,127 | $29,667 |
| Insperity Inc | $12,453 | $8,914 |
| Intercontinental | $63,508 | $71,227 |
| Intertek Group PLC | $17,016 | $17,882 |
| Intl Business Machines | $27,660 | $36,272 |
| Jacobs Solutions Inc | $74,377 | $78,569 |
| Johnson and Johnson Com | $118,915 | $109,767 |
| Johnson Controls | $16,725 | $19,496 |
| JPMorgan Chase & Co | $107,186 | $157,250 |
| Julius Baer Gruppe AG | $13,994 | $15,916 |
| Kenvue Inc | $28,492 | $28,844 |
| KKR & CO Inc | $21,086 | $38,900 |
| Kla Corp | $97,634 | $98,929 |
| Kroger Co | $26,063 | $34,611 |
| Las Vegas Sands Corp | $36,867 | $36,928 |
| Leonardo Spa | $23,990 | $35,207 |
| Lockheed Martin Corp | $18,040 | $16,036 |
| Lonza Group AG | $20,073 | $24,821 |
| Lowe's Companies Inc | $102,580 | $115,256 |
| Marriott Intl Inc | $27,916 | $36,541 |
| Marsh & Mclennan Cos Inc | $33,052 | $36,322 |
| Mastercard inc | $71,706 | $85,304 |
| McKesson Corporation Com | $52,507 | $62,690 |
| Medtronic PLC | $48,808 | $44,972 |
| Melrose Industries | $18,171 | $19,857 |
| Merck and Co Inc | $64,619 | $53,421 |
| Merck KGAA | $19,570 | $16,870 |
| Microsoft Corp | $107,492 | $114,227 |
| Middleby Corp | $12,348 | $12,055 |
| Mondelez International | $33,123 | $27,894 |
| Monolithic Pwr Systems | $12,215 | $11,242 |
| Moody's Corp | $37,239 | $44,970 |
| Moog inc | $14,225 | $19,093 |
| Morgan Stanley | $31,370 | $47,019 |
| MTU AERO Engines AG | $15,288 | $22,353 |
| Murata MFG CO | $15,559 | $12,390 |
| Myriad Genetics Inc | $7,990 | $5,128 |
| Nasdaq OMX GRP Inc | $21,814 | $29,996 |
| Nestles A Rep | $34,371 | $24,755 |
| Newmont Corporation | $35,338 | $33,535 |
| Nippon Sanso Holding Cor | $19,700 | $19,728 |
| Norsk Hydro ASA | $17,496 | $15,748 |
| Novartis ADR | $15,951 | $15,472 |
| NXP Semiconductors N.V | $26,916 | $25,150 |
| On Semiconductor CRP Com | $12,030 | $9,773 |
| Paccar Inc | $60,819 | $61,684 |
| Papa Johns Intl Inc | $13,634 | $9,035 |
| Paypal Holdings | $15,796 | $21,338 |
| Penn Entertainment Inc | $4,961 | $4,697 |
| Pepsico Inc | $40,325 | $36,646 |
| Petrleo Bras VTG SPD | $9,972 | $7,935 |
| Pfizer Inc | $90,662 | $84,127 |
| Philip Morris Intl | $23,721 | $29,967 |
| PNC Fincl Services Group | $50,062 | $63,062 |
| Procter & Gamble Co | $53,858 | $59,348 |
| Progressive CRP Ohio | $49,088 | $71,643 |
| Prologis Inc | $46,300 | $40,589 |
| Prysmian S.P.S. Milano | $23,195 | $31,171 |
| Public Storage | $39,630 | $35,633 |
| Qiagen NV Reg | $11,049 | $11,266 |
| Raymond James Finl Inc | $13,110 | $18,018 |
| Reinsurnce Group America | $15,167 | $18,586 |
| Relx PLC | $21,714 | $23,861 |
| Relx PLC Reg | $22,295 | $25,126 |
| Republic Services Inc | $11,220 | $13,077 |
| Rio Tinto PLC Spnsrd ADR | $16,763 | $14,350 |
| Roche Holdings Genush FN | $13,911 | $14,090 |
| RTX Corp | $74,844 | $92,229 |
| Ryder System Inc | $12,854 | $17,882 |
| S&P Global Inc | $49,384 | $55,779 |
| Safran SA | $22,004 | $24,818 |
| SBA Communications Corp | $12,335 | $11,209 |
| Sempra | $30,632 | $36,842 |
| Shell PLC | $22,947 | $21,704 |
| Simon Property Group | $16,984 | $17,393 |
| Smith A O Corp Del | $16,480 | $14,256 |
| Snap On Inc Com | $13,459 | $16,295 |
| Sociedad Q&M Chle SpdAdr | $10,040 | $7,236 |
| Sonoco Products Co | $10,717 | $9,379 |
| Southern Company | $36,576 | $42,724 |
| Stryker Corp | $96,918 | $109,095 |
| Sumco Corp | $28,677 | $18,354 |
| Taiwan S Manufcturing | $29,526 | $48,978 |
| Target Corp | $20,844 | $20,277 |
| TE Connectivity LTD | $82,512 | $82,637 |
| Teledyne Tech Inc | $14,894 | $16,709 |
| Texas Instruments | $46,001 | $51,753 |
| Travelsky Technology LTD | $12,185 | $12,289 |
| Truist Finl Corp | $24,972 | $24,163 |
| Unilever PLC | $9,782 | $11,278 |
| Union Pacific Corp | $43,812 | $39,907 |
| Unitedhealth Group Inc | $89,275 | $85,996 |
| Valmont Industries | $10,053 | $11,347 |
| Verizon Communictns | $23,717 | $24,754 |
| Visa Inc | $67,326 | $79,326 |
| Vonovia SE | $5,192 | $5,199 |
| Vulcan Materials | $43,107 | $38,585 |
| Walmart Inc | $48,406 | $81,496 |
| Webster Finl CP PV | $10,056 | $11,541 |
| WEC Energy Group Inc | $9,319 | $10,532 |
| Wells Fargo & Co | $23,369 | $32,802 |
| Wex Inc | $12,692 | $10,695 |
| Wheaton Precious Metals | $36,847 | $42,292 |
| Wintrust Finl | $12,060 | $10,974 |
| Woodward Inc | $13,370 | $15,311 |
| Yum China Holdings Inc | $16,890 | $19,510 |
| Zoetis Inc | $40,840 | $37,637 |
| 3M Company | $25,687 | $25,173 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Alps Core Cmdy Mgt | AT COST | $22,273 | $23,133 |
| Ishares Core S&P Small | AT COST | $242,237 | $268,578 |
| SPDR S&P 500 ETF Trust | AT COST | $1,361,419 | $2,188,423 |
| Vanguard Mid-Cap ETF | AT COST | $233,391 | $267,828 |
| Vanguard Growth ETF | AT COST | $585,247 | $714,166 |
| Vanguard FTSE Emerging | AT COST | $1,141,852 | $1,235,014 |
| Vanguard FTSE Developed | AT COST | $1,112,985 | $1,119,084 |
| Cohen & Steers Instl | AT COST | $14,505 | $14,603 |
| FT Vest Laddered Buffer | AT COST | $18,553 | $20,110 |
| Ishares 0 to 3 months | AT COST | $76,084 | $76,243 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MN Filing Fee | $25 | $0 | $25 |
| Bank Fees | $2,790 | $2,790 | $0 |
| Insurance | $15,629 | $0 | $15,629 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Class Action Settlement | $33,769 | $33,769 | $33,769 |
| Misc Income | $360 | $360 | $360 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $77,786 | Amt |
| Net Investment Income | $77,786 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Taxes Paid | $56,391 | $0 | $0 |
| Foreign Taxes Paid | $3,962 | $3,962 | $0 |
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