THE WILLIAM F WELCH AND LORENE W WELCH FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE WILLIAM F WELCH AND LORENE W WELCH FOUNDATION (EIN 83-6033434)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-02-14
- IRS object ID
- 202220459349100207
- Schema version
- 2020v4.0
- 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
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-02-14T09:13:44-06:00 | ReturnTs |
| Tax Period End | 2021-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 830232295 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOHATT JOHNSON & GODWIN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 603 | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 828010603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 836033434 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM F WELCH & | BusinessNameLine1Txt |
| Business Name Line2 | LORENE W WELCH FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 3076741770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX J | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM B EBZERY | PersonNm |
| Person Title | CO-TRUSTEE | PersonTitleTxt |
| Phone | 3076741770 | PhoneNum |
| Signature | 2022-02-14 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | EBZERY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EVERETT J MOHATT | PreparerPersonNm |
| PTIN | P00404222 | PTIN |
| Phone | 3076726494 | PhoneNum |
| Preparation | 2022-02-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,526,470 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $57,683 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $57,683 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $316,805 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,648,857 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $316,805 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $20,636 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $20,501 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $395,126 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $394,991 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $27,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $13,750 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $13,750 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,185 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,093 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,092 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $40,339 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $40,339 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $36 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $239 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $239 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $70,299 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $55,457 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,842 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $220,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $220,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $290,299 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $55,457 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $234,842 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $104,827 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $339,534 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $119,787 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $58,457 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $58,457 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,539,859 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,706,016 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,218,005 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $40,975 | OtherAssetsBOYAmt |
| Other Assets EOY | $40,975 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $250,008 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,700,621 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,805,448 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,526,470 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,700,621 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,805,448 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,700,621 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,805,448 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,700,621 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,805,448 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,700,621 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $104,827 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,805,448 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,805,448 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (78 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| WORKHORSE GROUP INC | P | 2020-08-26 | 2020-09-14 | $42,634 | $28,362 | $14,272 | $14,272 |
| ESSENTIAL PROPERTIES REA | P | 2019-09-13 | 2020-11-09 | $52,439 | $67,436 | -$14,997 | -$14,997 |
| CARA THERAPEUTICS | P | 2018-05-08 | 2020-12-17 | $14,526 | $12,718 | $1,808 | $1,808 |
| QUALCOMM INC | P | 2020-06-15 | 2021-02-22 | $54,256 | $33,253 | $21,003 | $21,003 |
| ADVISORSHS PURE US CANNABIS ETF IV | P | 2021-03-02 | 2021-06-18 | $63,449 | $82,951 | -$19,502 | -$19,502 |
| SCHWAB US SMALL CAP ETF | P | 2020-11-20 | 2021-08-16 | $97,038 | $78,153 | $18,885 | $18,885 |
| SHOCKWAVE MEDICAL INC | P | 2020-03-02 | 2020-09-15 | $58,508 | $32,558 | $25,950 | $25,950 |
| CALL APPLE INC 140 EXP 12/18/20 | P | 2020-11-17 | 2020-11-17 | $18,386 | $593 | $17,793 | $17,793 |
| CARA THERAPEUTICS | P | 2018-05-30 | 2020-12-17 | $29,052 | $31,790 | -$2,738 | -$2,738 |
| TELADOC INC | P | 2020-08-05 | 2021-02-23 | $88,158 | $78,506 | $9,652 | $9,652 |
| NUTRIEN LTD F | P | 2021-05-11 | 2021-06-18 | $78,064 | $83,051 | -$4,987 | -$4,987 |
| DIGITAL TURBINE INC | P | 2021-02-23 | 2021-08-16 | $44,485 | $61,517 | -$17,032 | -$17,032 |
| PAYLOCITY HLDG CORP | P | 2020-04-09 | 2020-10-13 | $61,462 | $32,500 | $28,962 | $28,962 |
| PATRIOT ONE TECHNOLOGI F | P | 2018-08-03 | 2020-11-18 | $4,098 | $13,497 | -$9,399 | -$9,399 |
| CARA THERAPEUTICS | P | 2019-04-24 | 2020-12-17 | $7,263 | $9,507 | -$2,244 | -$2,244 |
| SPDR S&P SEMICONDUCTOR ETF | P | 2019-12-04 | 2021-03-04 | $188,930 | $102,794 | $86,136 | $86,136 |
| US STEEL | P | 2021-03-11 | 2021-06-18 | $62,394 | $60,603 | $1,791 | $1,791 |
| BOOT BARN HOLDINGS | P | 2021-03-18 | 2021-08-19 | $51,013 | $41,369 | $9,644 | $9,644 |
| CME GROUP INC CLASS A | P | 2020-06-15 | 2020-10-14 | $31,776 | $32,781 | -$1,005 | -$1,005 |
| PATRIOT ONE TECHNOLOGI F | P | 2018-10-09 | 2020-11-18 | $1,639 | $7,437 | -$5,798 | -$5,798 |
| CARA THERAPEUTICS | P | 2019-05-20 | 2020-12-17 | $537 | $689 | -$152 | -$152 |
| INNOVATIVE INDUSTRIAL PRREIT | P | 2020-11-23 | 2021-03-05 | $62,794 | $57,654 | $5,140 | $5,140 |
| WESTERN ALLIANCE BNC | P | 2021-04-13 | 2021-06-18 | $39,520 | $41,039 | -$1,519 | -$1,519 |
| WORKHORSE GROUP INC | P | 2020-08-26 | 2020-10-21 | $32,081 | $28,362 | $3,719 | $3,719 |
| PATRIOT ONE TECHNOLOGI F | P | 2018-10-17 | 2020-11-18 | $205 | $976 | -$771 | -$771 |
| SYNDAX PHARMACEUTICALS I | P | 2020-11-16 | 2021-01-05 | $38,134 | $38,883 | -$749 | -$749 |
| JD COM INC FSPONSORED ADR 1 ADR REPS | P | 2020-11-09 | 2021-03-12 | $72,377 | $72,760 | -$383 | -$383 |
| FUELCELL ENERGY INC | P | 2021-01-21 | 2021-06-21 | $30,985 | $61,867 | -$30,882 | -$30,882 |
| WORKHORSE GROUP INC | P | 2020-09-24 | 2020-10-21 | $32,081 | $37,559 | -$5,478 | -$5,478 |
| PATRIOT ONE TECHNOLOGI F | P | 2018-10-17 | 2020-11-18 | $82 | $390 | -$308 | -$308 |
| NETFLIX INC | P | 2020-05-27 | 2021-01-12 | $39,377 | $33,160 | $6,217 | $6,217 |
| DAQO NEW ENERGY CORP FSPONSORED ADR | P | 2021-01-21 | 2021-03-24 | $63,366 | $85,207 | -$21,841 | -$21,841 |
| ARBOR REALTY 7.75% PFDCALLED @PA | P | 2021-06-24 | $64,525 | $64,944 | -$419 | -$419 | |
| WORKHORSE GROUP INC | P | 2020-09-30 | 2020-10-21 | $9,775 | $12,565 | -$2,790 | -$2,790 |
| PATRIOT ONE TECHNOLOGI F | P | 2018-10-17 | 2020-11-18 | $533 | $2,536 | -$2,003 | -$2,003 |
| TERADYNE INCORPORATE | P | 2020-11-09 | 2021-01-14 | $109,862 | $81,896 | $27,966 | $27,966 |
| TENCENT MUSIC ENTMT GR FSPONSORED AD | P | 2021-02-04 | 2021-03-24 | $56,926 | $63,098 | -$6,172 | -$6,172 |
| 3D SYSTEMS CORP | P | 2021-06-07 | 2021-07-06 | $72,276 | $63,348 | $8,928 | $8,928 |
| EDWARDS LIFESCIENCES | P | 2018-09-13 | 2020-10-22 | $16,480 | $10,231 | $6,249 | $6,249 |
| PATRIOT ONE TECHNOLOGI F | P | 2018-10-17 | 2020-11-18 | $410 | $1,952 | -$1,542 | -$1,542 |
| PAYCHEX INC | P | 2020-11-19 | 2021-01-14 | $55,955 | $58,113 | -$2,158 | -$2,158 |
| CARA THERAPEUTICS | P | 2021-04-29 | $55,267 | $76,090 | -$20,823 | -$20,823 | |
| SPDR S&P OIL & GAS EXPLORATION & PRO | P | 2021-03-18 | 2021-07-15 | $42,596 | $41,807 | $789 | $789 |
| EDWARDS LIFESCIENCES | P | 2018-10-02 | 2020-10-22 | $35,315 | $24,332 | $10,983 | $10,983 |
| PATRIOT ONE TECHNOLOGI F | P | 2019-01-04 | 2020-11-18 | $9,043 | $36,254 | -$27,211 | -$27,211 |
| UNITED PARCEL SRVC CLASS B | P | 2020-10-05 | 2021-01-19 | $34,940 | $37,661 | -$2,721 | -$2,721 |
| LAKELAND FINL | P | 2020-11-20 | 2021-05-07 | $70,295 | $59,278 | $11,017 | $11,017 |
| BONANZA CREEK ENERGY | P | 2021-05-11 | 2021-07-15 | $43,741 | $42,471 | $1,270 | $1,270 |
| EDWARDS LIFESCIENCES | P | 2018-10-17 | 2020-10-22 | $27,075 | $17,037 | $10,038 | $10,038 |
| SLACK TECHNOLOGIES INC CLASS A | P | 2020-05-11 | 2020-11-18 | $41,308 | $49,594 | -$8,286 | -$8,286 |
| WALMART INC | P | 2020-10-05 | 2021-01-19 | $37,888 | $37,408 | $480 | $480 |
| SONOS INC | P | 2020-11-09 | 2021-05-12 | $38,196 | $18,409 | $19,787 | $19,787 |
| CANADIAN NATURAL RES F | P | 2021-03-18 | 2021-07-20 | $43,016 | $41,554 | $1,462 | $1,462 |
| WASTE MANAGEMENT INC | P | 2020-04-09 | 2020-10-27 | $33,107 | $29,352 | $3,755 | $3,755 |
| LGI HOMES INC | P | 2020-10-05 | 2020-12-16 | $5,296 | $6,154 | -$858 | -$858 |
| LULULEMON ATHLETICA | P | 2020-11-16 | 2021-01-26 | $78,864 | $78,415 | $449 | $449 |
| SOUTHWEST AIRLINES | P | 2021-02-17 | 2021-06-07 | $72,519 | $64,483 | $8,036 | $8,036 |
| DIREXION DLY FTSE CHNA BUL 3X ETF IV | P | 2018-09-13 | 2021-08-03 | $6,067 | $11,188 | -$5,121 | -$5,121 |
| WALT DISNEY CO | P | 2020-04-09 | 2020-10-28 | $32,216 | $28,304 | $3,912 | $3,912 |
| GILEAD SCIENCES INC | P | 2020-04-30 | 2020-12-16 | $11,765 | $16,392 | -$4,627 | -$4,627 |
| FREEPORT-MCMORAN INC | P | 2020-04-09 | 2021-01-27 | $89,605 | $29,618 | $59,987 | $59,987 |
| CATERPILLAR INC | P | 2020-04-09 | 2021-06-10 | $52,500 | $28,951 | $23,549 | $23,549 |
| FARO TECHNOLOGIES | P | 2021-03-15 | 2021-08-03 | $46,996 | $62,626 | -$15,630 | -$15,630 |
| MCDONALDS CORP | P | 2019-09-13 | 2020-10-29 | $34,692 | $34,097 | $595 | $595 |
| LGI HOMES INC | P | 2020-10-05 | 2020-12-16 | $26,906 | $31,264 | -$4,358 | -$4,358 |
| EDWARDS LIFESCIENCES | P | 2021-01-28 | $83,886 | $57,840 | $26,046 | $26,046 | |
| SPDR S&P REGIONAL BANKING ETF | P | 2019-12-04 | 2021-06-14 | $125,570 | $103,318 | $22,252 | $22,252 |
| ADVANCED MICRO DEVIC | P | 2021-06-29 | 2021-08-04 | $170,704 | $127,704 | $43,000 | $43,000 |
| SALESFORCE COM | P | 2020-10-05 | 2020-10-30 | $34,748 | $37,532 | -$2,784 | -$2,784 |
| RAYTHEON TECHNOLOGIES CO | P | 2018-05-08 | 2020-12-16 | $14,117 | $13,351 | $766 | $766 |
| SONOS INC | P | 2020-11-09 | 2021-02-08 | $37,023 | $18,409 | $18,614 | $18,614 |
| FREEPORT-MCMORAN INC | P | 2021-03-04 | 2021-06-15 | $89,895 | $81,617 | $8,278 | $8,278 |
| JINKOSOLAR HOLDING COM FSPONSORED AD | P | 2021-02-08 | 2021-08-12 | $35,055 | $42,541 | -$7,486 | -$7,486 |
| ABIOMED INC | P | 2019-10-15 | 2020-11-02 | $95,537 | $67,226 | $28,311 | $28,311 |
| RAYTHEON TECHNOLOGIES CO | P | 2018-10-17 | 2020-12-16 | $7,058 | $7,258 | -$200 | -$200 |
| PALANTIR TECHNOLOGIES INCLASS A | P | 2020-12-17 | 2021-02-19 | $40,267 | $40,414 | -$147 | -$147 |
| 3M CO | P | 2021-03-11 | 2021-06-16 | $64,442 | $60,253 | $4,189 | $4,189 |
| LUMINAR TECHNOLOGIES INCCLASS A | P | 2021-02-04 | 2021-08-13 | $33,491 | $63,245 | -$29,754 | -$29,754 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $316,805 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $193,798 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,720 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,720 | SubtotalAmt |
| Tax Based On Investment Income | $4,720 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $22 | EsPenaltyAmt |
| Tax Due | $4,742 | 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 | WY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYPRESS CAPITAL MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3076741770 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 312 WHITNEY LN 1 | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| FRANK ROTELLINI | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $8,500 | $0 | $0 |
| WILLIAM B EBZERY | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $8,500 | $0 | $0 |
| MATTHEW EBZERY | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $2,000 | $0 | $0 |
| RICHARD M DAVIS JR | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 3.00 | $8,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,883,505 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $162,331 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $244,668 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,290,504 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $4,290,504 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $64,358 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,226,146 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $211,307 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $211,307 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,720 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,720 | TotalTaxAmt |
| Distributable Before Adj | $206,587 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $206,587 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $206,587 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $234,842 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $234,842 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $234,842 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $206,587 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $162,036 | UndistributedIncomePYAmt |
| Qualifying Distributions | $234,842 | QualifyingDistributionsAmt |
| Applied To Year1 | $162,036 | AppliedToYear1Amt |
| Applied To Current Year | $72,806 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $133,781 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | WELCH FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX J | AddressLine1Txt |
| City | SHERIDAN | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3076741770 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BILLINGS CLINIC FOUNDATION | |||||||
| 2917 10TH AVE N | BILLINGS | MT | 59101 | NONE | PUBLIC | CHARITABLE | $10,000 |
| CASA | |||||||
| PO BOX 6022 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| CENTER FOR A VITAL COMMUNITY | |||||||
| PO BOX 1500 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $5,000 |
| CHAPS | |||||||
| 1590 SUGARLAND DR STE B | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,500 |
| CHILD DEVELOPMENT CENTER | |||||||
| 345 LINDEN AVE | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| DOWNTOWN SHERIDAN ASSOCIATION | |||||||
| 39 N SCOTT ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| HABITAT FOR HUMANITY | |||||||
| PO BOX 6196 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARTIABLE | $1,500 |
| HOLY NAME CATHOLIC CHURCH | |||||||
| 9 SOUTH CONNOR | SHERIDAN | WY | 82801 | NONE | CHURCH | CHARITABLE | $2,500 |
| JOEY'S FOUNDATION INC | |||||||
| 109 S MAIN ST SUITE B | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $500 |
| KID'S LIFE | |||||||
| PO BOX 7296 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| PEOPLES ASSISTANCE FOOD BANK | |||||||
| 2560 NORTH MAIN STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $4,000 |
| REPROD HEALTHCARE OF THE BIG HORNS | |||||||
| 128 SOUTH THURMOND | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| SHERIDAN CO LIBRARY FND | |||||||
| 335 W ALGER ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $5,000 |
| SHERIDAN COLLEGE | |||||||
| FOUNDATION | SHERIDAN | WY | 82801 | NONE | PUBLIC | EDUCATIONAL | $110,000 |
| SHERIDAN COMMUNITY LAND TRUST | |||||||
| PO BOX 7185 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $2,000 |
| SHERIDAN COUNTY MEMORIAL | |||||||
| HOSPITAL FOUNDATION | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $50,000 |
| SHERIDAN PUBLIC ARTS | |||||||
| PO BOX 848 | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARTIABLE | $1,000 |
| SHERIDAN SENIOR CENTER | |||||||
| 211 SMITH ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $10,000 |
| WYO SCOTTISH RITE | |||||||
| 109 S GOULD ST | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| WYO THEATRE INC | |||||||
| 42 N MAIN STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $10,000 |
| WYOMING PUBLIC RADIO | |||||||
| UNIV OF WY | LARAMIE | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $220,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $57,683 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $316,805 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| PTP DISTRIBUTIONS | 14 | $20,501 | ||
| PTP UBTI LOSS CARRYFORWARD | 900003 | $6,939 | ||
| AMEX CLASS ACTION | 14 | $30 | ||
| EXCISE TAX REFUND | 1 | $105 | ||
| ENERGY PARTNERS | 900003 | -$6,939 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $395,126 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $395,126 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION | CategoryTxt |
| Amt | $2,185 | Amt |
| Net Investment Income | $1,093 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,092 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (70 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABIOMED INC | ||
| ADVANCED MICRO DEVIC | $62,664 | $64,107 |
| AMAZON COM INC | $15,697 | $69,416 |
| AMPIO PHARMACEUTICAL | $35,939 | $39,360 |
| APPLE INC | $88,425 | $637,686 |
| ARBOR REALTY 7.75% PFD | ||
| BANK OF MONTREAL | $41,955 | $42,920 |
| BHP GROUP PLC | $129,097 | $122,586 |
| BOEING CO | $86,701 | $79,898 |
| BUCKLE INC | $66,302 | $55,965 |
| CANOPY GROWTH CORP | $19,911 | $6,892 |
| CARA THERAPEUTICS | ||
| CARRIER GLOBAL CORP | $6,982 | $17,280 |
| CATERPILLAR INC | ||
| CEDAR REALTY 7.25% PFD | $143,057 | $152,933 |
| CHILDREN'S PLACE INC | $44,115 | $36,386 |
| CINTAS CORP | $83,841 | $88,257 |
| CME GROUP INC | ||
| COLGATE PALMOLIVE | $18,345 | $77,950 |
| COMMUNICAT SVS SLCT SEC | $62,458 | $69,695 |
| COSTCO WHOLESALE CORP | $138,119 | $409,941 |
| CROWDSTRIKE HLDGS INC | $85,085 | $94,416 |
| DCP MISTREAM PARTNER LP | $82,161 | $101,061 |
| DIREXION DAILY S&P OIL | ||
| EDWARDS LIFESCIENCES | ||
| EFTMG PRIME JUNIOR | $63,170 | $54,513 |
| ENERGY TRANSFER LP | $71,172 | $46,500 |
| ESSENTIAL PROPERTIES | ||
| FEEPORT-MCMORAN, INC | ||
| GILEAD SCIENCES | ||
| HOME DEPOT INC | $84,631 | $87,090 |
| JOHNSON & JOHNSON | $39,511 | $173,130 |
| KIRKLAND LAKE GOLF | $35,489 | $30,826 |
| LENNAR CORP | $83,943 | $83,165 |
| MCDONALDS CORP | ||
| NETFLIX INC | ||
| NUSTAR ENERGY 7.625% PFD | $41,662 | $43,900 |
| NUSTAR ENERGY 8.5% PFD | $91,278 | $105,276 |
| OTIS WORLDWIDE | $9,765 | $13,833 |
| PALANTIR TECHNOLOGIES IN | $84,982 | $85,526 |
| PATRIOT ONE TECHNOLOGY | ||
| PAYLOCITY HLDG CORP | ||
| PEABODY ENERGY CORP | $42,870 | $58,966 |
| PENN NTNL GAMING | $85,049 | $90,345 |
| PERSHING SQUARE TONTINE | $61,539 | $41,058 |
| QUALCOMM INC | ||
| QUEST DIAGNOSTICS INC. | $32,580 | $152,830 |
| RAYTHEON TECHNOLOGIES | ||
| REMARK HOLDINGS INC | $15,144 | $6,600 |
| SELECT SECTOR HEALTH | $119,330 | $270,420 |
| SHOCKWAVE MEDICAL | ||
| SILVERCORP METALS | $52,743 | $54,331 |
| SLACK TECHNOLOGIES | ||
| SM ENERGY CO | $44,233 | $44,675 |
| SNAP INC | $42,250 | $49,319 |
| SOUTHERN CO | ||
| SPDR S&P REGIONAL | ||
| SPDR S&P SEMICONDUCTOR | ||
| SPDR S&P SEMICONDUCTOR | ||
| TECHNOLOGY SELECT SECTOR | $102,771 | $188,726 |
| TECHTARGET INC | $85,701 | $94,138 |
| TELEDOC | ||
| UNITED TECHNOLOGIES | ||
| VANECK VECTORS GOLD | $69,202 | $81,924 |
| VERIZON COMMUNICATIONS | $55,666 | $56,705 |
| VISA INC | $80,481 | $137,460 |
| WALT DISNEY CO | ||
| WASTE MANAGEMENT INC | ||
| WELLS FARGO | ||
| WORKHORSE GROUP INC |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| COINS & BULLION | $32,251 | $32,251 | $93,657 |
| MINERALS | $8,724 | $8,724 | $8,724 |
| COAL | $147,627 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BANK CHARGES | $69 | $69 |
| SAFE DEPOSIT BOX | $170 | $170 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PTP DISTRIBUTIONS | $20,501 | $20,501 |
| PTP UBTI LOSS CARRYFORWARD | $6,939 | |
| AMEX CLASS ACTION | $30 | |
| EXCISE TAX REFUND | $105 | |
| ENERGY PARTNERS | -$6,939 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT. - CYPRESS CAPIT | CategoryTxt |
| Amt | $40,339 | Amt |
| Net Investment Income | $40,339 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $36 | Amt |
| Net Investment Income | $36 | NetInvestmentIncomeAmt |
Comments