2022-04-01T12:36:22-05:00 2021-12-31 470625816 LUTZ AND COMPANY PC 747 N BURLINGTON AVE SUITE 401 HASTINGS NE 68902 990PF 2021-01-01 363494704 JEFFERY WALLACE ELLIS TRUST C/O LUTZ & COMPANY PC JEFF 4024624154 PO BOX 1317 HASTINGS NE 689021317 EVA ELLIS PRES./TRUSTEE 4024624154 2022-03-25 1 EVA ELLIS 999009999 ASHLEY A ENGLUND CPA CVA P01651866 4024624154 2022-03-22 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X X X 0 X X 4 4 44674 44674 88089 998133 88089 2016 2016 134783 134783 0 0 0 13925 0 13925 14950 0 14950 20910 20910 0 678 678 0 50463 21588 28875 2268404 2268404 2318867 21588 2297279 -2184084 113195 45827 2124485 0 0 13772 0 0 2184084 0 0 0 0 X 1380063 0 17000 0 787021 0 2184084 0 2184084 0 2184084 -2184084 0 0 0 0 PUBLICLY TRADED SECURITIES 998133 910044 88089 88089 88089 1573 0 1573 0 1573 2596 0 0 0 2596 0 1023 0 1023 0 0 0 0 0 0 0 0 0 1 1 1 NE 1 0 0 0 0 1 N/A LUTZ COMPANY PC 4024624154 747 N BURLINGTON SUITE 401 HASTINGS NE 68901 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EVA ELLIS 33775 REDBRIDGE LANE SOLON OH 44139 PRESIDENT/TRUSTEE 5.00 0 0 0 PETER ELLIS 5422 GRACE DR MENTOR OH 44060 VICE PRESIDENT-TREASURER/TRUSTEE 0.50 0 0 0 AMANDA ELLIS-THURBER 285 ABBOTT RD BRATTLEBORO VT 05301 SECRETARY/TRUSTEE 0.50 0 0 0 NONE 0 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 1573 1573 0 0 0 0 0 2297279 0 2297279 0 103035 0 0 2297279 103035 0 0 0 2194244 0 0 2194244 0 0 0 0 0 2194244 0 0 EVA ELLIS 33775 REDBRIDGE LANE SOLON OH 44139 2164983914 FOR SCHOLARSHIP APPLICATIONS: WRITTEN APPLICATION. FOR ALL OTHER CHARITABLE GRANTS: WRITTEN OR ORAL APPLICATION. NONE SCHOLARSHIP FOR UNDERGRADUATE STUDENTS: FULL TIME STUDENT ACTIVELY PURSUING DEGREE. ALL OTHER CHARITABLE GRANTS: SCHOOLS, CIVIC ORGANIZATIONS, PUBLIC ORGANIZATIONS, CHURCHES, AND OTHER ENTITIES WHICH ARE QUALIFIED EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CLEVELAND MUSEUM OF ART 11150 EAST BLVD CLEVELAND OH 44106 501(C)(3) CHARITABLE 55000 CLEVELAND ORCHESTRA 11001 EUCLID AVENUE CLEVELAND OH 44106 501(C)(3) CHARITABLE 20000 HASTINGS COLLEGE FOUNDATION 11422 MIRACLE HILLS DR 550 OMAHA NE 68154 N/A 501(C)(3) SCHOLARSHIPS AND CHARITABLE 175000 HASTINGS COMMUNITY FOUNDATIONINC PO BOX 703 HASTINGS NE 68902 N/A 501(C)(3) EDUCATIONAL (INCLUDING SCHOLARSHIPS) AND CHARITABLE 2003404 ST PAUL CHURCH 4100 BROOKSIDE BLVD CLEVELAND OH 44106 501(C)(3) CHARITABLE 10000 IDEASTREAM 1375 EUCLID AVENUE CLEVELAND OH 44115 501(C)(3) CHARITABLE 5000 2268404 0 14 4 14 44674 14 2016 01 88089 0 134783 0 134783 0 0 0 0 0 0 0 0 0 0 LUTZ - PREPARATION OF FORM 990-PF; TAX PLANNING 14950 0 14950 HASTINGS COMMUNITY FOUNDATION 800 W 3RD ST SUITE 232 HASTINGS NE 68901 AS A RESULT OF DISSOLUTION OF THE JEFFERY WALLACE ELLIS TRUST, ALL ASSETS PREVIOUSLY HELD BY THE COROPORATION HAVE BEEN CONTRIBUTED TO THE HASTINGS COMMUNITY FOUNDATION. THESE ASSETS INCLUDE AMOUNTS SUCH AS CASH, INVESTMENTS, AND ALL OTHER PROPERTY INVESTMENTS. THE CURRENT ASSETS SUBJECT TO DISSOLUTION HAVE A VALUE OF APPROXIMATELY $2,600,000 AS OF THE DATE OF DISSOLUTION. ANY NET INVESTMENT INCOME TAX REFUND WILL BE IMMEDIATELY TRANSFERED TO THE HASTINGS COMMUNITY FOUNDATION. 2584798 EXPLANATION OF OWNER ADVISED FUND DISTRIBUTIONS PART VII-A, LINE 12 THE JEFFERY WALLACE ELLIS TRUST, A PRIVATE FOUNDATION DID TREAT DISTRIBUTIONS TO A DONOR ADVISED FUND OF THE HASTINGS COMMUNITY FOUNDATION AS QUALIFYING DISTRIBUTIONS. THOSE FUNDS CONSISTENT WITH IRC SECTION 170(C)(2)(B) WILL BE USED TO SUPPORT EDUCATION CONSISTENT WITH THE SCHOLARSHIP POLICY OF THE JEFFERY WALLACE ELLIS FOUNDATION AND OTHER CHARITABLE PURPOSES AS THE HASTINGS COMMUNITY FOUNDATION DECIDES.THE HASTINGS COMMUNITY FOUNDATION HAS FINAL APPROVAL (AND EXERCISES EXPENDITURE RESPONSIBILITY) OVER ANY DISTRIBUTIONS FROM THE FUND AND FURTHER AS A PART OF THE DONOR ADVISED AGREEMENT AND PURPOSES OF THE HASTINGS COMMUNITY FOUNDATION DISTRIBUTIONS CAN ONLY BE MADE FOR PURPOSES PROVIDED FOR UNDER IRC SECTION 170(C) INCLUDING IRC SECTION 170(C)(2)(B).NO PERSON INVOLVED WITH THE PRIVATE FOUNDATION, THE DONOR ADVISED FUND OR ANY OTHER PERSON DESCRIBED IN SECTION 4958(F)(7) RECEIVED ANY DIRECT OR INDIRECT BENEFIT FROM ANY DISTRIBUTION FROM EITHER THE PRIVATE FOUNDATION OR THE DONOR ADVISED FUND.UNDER THE TERMS OF THE DONOR ADVISED AGREEMENT WITH THE HASTINGS COMMUNITY FOUNDATION ANNUAL FINANCIAL REPORTS ARE TO BE GIVEN TO THE JEFFERY WALLACE ELLIS TRUST INCLUDING DISTRIBUTIONS MADE UNDER THE TERMS OF THE AGREEMENT. THE TRUST IS TERMINATING UNDER IRC SEC. 507(B)(1)(A). DURING THE CURRENT YEAR, THE TRUST MADE THE FOLLOWING DISTRIBUTIONS IN DISSOLUTION. THESE DISTRIBUTIONS ARE A FINAL DISTRIBUTION OF THE TRUST'S ASSETS. THE FINAL DISTRIBUTION OF ASSETS WAS MADE ON DECEMBER 30, 2021. RECIPIENT'S NAME AND ADDRESS ASSETS DISTRIBUTED FMV HASTINGS COMMUNITY FOUNDATION INVESTMENTS $2,584,798 800 W 3RD ST, SUITE 232 HASTINGS, NE 68901 A PLAN OF DISSOLUTION WAS ADOPTED BY THE TRUST ON NOVEMBER 8, 2021. LEGAL FEES 13925 0 13925 DEFERRED COOP EQUITY 834 DIVIDENDS RECEIVABLE 12938 OTHER INVESTMENT INCOME 2016 2016 2016 INVESTMENT ADVISORY FEES 20910 20910 0 FOREIGN TAX 678 678 0