ROCKSTAD FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ROCKSTAD FOUNDATION (EIN 81-2468000)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-09
- IRS object ID
- 202221299349100212
- Schema version
- 2021v4.2
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-09T07:59:47-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812468000 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rockstad Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROCK | BusinessNameControlTxt |
| Phone | 7012587799 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 Valley Drive | AddressLine1Txt |
| City | Bismarck | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58503 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terrance M Rockstad | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7012587799 | PhoneNum |
| Signature | 2022-05-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Terrance | PersonFirstNm |
| Person Last | Rockstad | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2022-04-25 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,066,171 | 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 | $12 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $32,712 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $32,981 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $117,750 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $849,156 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $117,750 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $43,741 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $194,215 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $150,743 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $231,488 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $231,488 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $8,767 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $8,767 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $35,937 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $35,937 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $66,253 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,420 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $40,108 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,086 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $426 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $17,221 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $564 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $201 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $12,194 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $12,194 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,826 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,704 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $384,365 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,846 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $356,870 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $290,566 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $290,566 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $674,931 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,846 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $647,436 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$480,716 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $141,897 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,757 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $32,130 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,936 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,936 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $931,730 | CorporateStockBOYAmt |
| Corporate Stock EOY | $647,683 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $647,683 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $193,335 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $128,480 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $128,480 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $395,023 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $274,072 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $274,072 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,557,975 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,066,171 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,066,171 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $7,615 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $8,008 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $7,615 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,008 | 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 | $1,550,360 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,058,163 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,550,360 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,058,163 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,557,975 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,066,171 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,550,360 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$480,716 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,069,644 | SubtotalAmt |
| Other Decreases | $11,481 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,058,163 | 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 |
|---|---|---|---|---|---|
| JPM Investments | P | $840,585 | $731,406 | $109,179 | $109,179 |
| Capital Gains Dividends | P | $8,571 | $8,571 | $8,571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $117,750 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,972 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,972 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,972 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $840 | 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 | $840 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,132 | 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 | ND | 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 | www.rockstadfoundation.org | WebsiteAddressTxt |
| Individual With Books | Denise Dockter-Kambeitz | IndividualWithBooksNm |
| Phone | 7012587799 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 Valley Drive | AddressLine1Txt |
| City | Bismarck | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58503 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| Terrance M Rockstad | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | President/Director | 2.00 | $0 | $0 | $0 |
| SuAnn Olson | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | Vice Chair/Director | 2.00 | $0 | $0 | $0 |
| Kay Zander-Woock | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | Treasurer/Secretary/Director | 2.00 | $0 | $0 | $0 |
| Denise Dockter-Kambeitz | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | Director | 2.00 | $0 | $0 | $0 |
| Petrea Kaldahl-Klein | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | Director (Until Dec. '21) | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| Kilee Harmon | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | Executive Director | 40.00 | $140,000 | $8,517 | $0 |
| Mariana P Marques | ||||||||
| 3121 Valley Drive | Bismarck | ND | 58503 | Executive Director | 40.00 | $91,488 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $1,326,223 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $50,431 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,376,654 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,376,654 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $20,650 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,356,004 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $67,800 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $67,800 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,972 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,972 | TotalTaxAmt |
| Distributable Before Adj | $65,828 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $65,828 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $65,828 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $647,436 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $647,436 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $65,828 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $11,182 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $292,985 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $126,245 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $278,506 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $708,918 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $647,436 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $65,828 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $581,608 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,290,526 | 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 | $11,182 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,279,344 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $292,985 | ExcessFromYear3Amt |
| Excess From Year2 | $126,245 | ExcessFromYear2Amt |
| Excess From Year1 | $278,506 | ExcessFromYear1Amt |
| Excess From Current Year | $581,608 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Terrance M Rockstad | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Bismarck State College | |||||||
| PO Box 5587 | Bismarck | ND | 58506 | None | PC | Fellowship program to promote the research, study, publication or demonstration of scholarly and skilled work related to areas of study that benefit the public | $30,000 |
| Gaia Home | |||||||
| PO Box 4244 | Bismarck | ND | 58502 | None | PC | Establishment of a residential and-of-life facility in Bismarck, ND. | $46,656 |
| Global Water Center | |||||||
| 1150 Molly Greene Way Bldg 1605 | N Charleston | SC | 29405 | None | PC | Mobile Discovery Center and Global Water Resource Center projects. | $150,000 |
| Save The Children Federation | |||||||
| 501 Kings Highway East Suite 400 | Fairfield | CT | 06825 | None | PC | Projects to improve the early childhood school environment in India. | $51,410 |
| The Banquet at Trinity Lutheran Church | |||||||
| 502 N 4th St | Bismarck | ND | 58501 | None | PC | Provide community meals | $2,500 |
| The Innovation School | |||||||
| 613 N 3rd St | Bismarck | ND | 58501 | None | PC | Provide tuition assistance to new students | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $290,566 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $32,712 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $117,750 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Reimbursements | Desc |
| Related Or Exempt Function Incm | $43,741 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $150,474 | ExclusionAmt |
| Related Or Exempt Function Incm | $43,741 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $194,215 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | Reimbursements | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $8,250 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,250 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Dodge & Cox Income Fd | $20,876 | $20,876 |
| Doubleline Totl Ret Bnd-I | $18,688 | $18,688 |
| JPM Managed Income Fd - USD - L Fund 2119 | $30,455 | $30,455 |
| Pimco Total Return | $21,064 | $21,064 |
| Pimco Dynamic Bond -INST | $18,762 | $18,762 |
| Pimco MRTG OPP & BND-INST | $18,635 | $18,635 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (21 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Edgewood Growth Fund-Inst | $30,914 | $30,914 |
| Fidelity 500 Index | $102,743 | $102,743 |
| Fidelity International Index Fund | $54,861 | $54,861 |
| Health Care Select Sector | $22,120 | $22,120 |
| Invesco QQQ Trust Series | $45,753 | $45,753 |
| Ishares Core MSCI Emerging | $36,455 | $36,455 |
| Ishares Inc MSCI Japan ETF | $32,141 | $32,141 |
| Ishares MSCI All Country | $4,549 | $4,549 |
| Ishares MSCI India ETF | $8,893 | $8,893 |
| I-Shares Russell 1000 Value | $40,807 | $40,807 |
| Matthews China Fund INS | $9,597 | $9,597 |
| Oakmark International | $23,601 | $23,601 |
| Parnassus Core Equity Inst | $45,236 | $45,236 |
| Schwab US Tips ETF | $35,219 | $35,219 |
| T Rowe Pr New Asia I | $11,852 | $11,852 |
| Vanguard Financials ETF | $26,460 | $26,460 |
| Vanguard Total Bond Mkt Index | $51,401 | $51,401 |
| Vaneck Oil Services ETF | $10,906 | $10,906 |
| Vanguard FTSE Europe ETF | $40,466 | $40,466 |
| Ishares MSCI China ETF | $4,457 | $4,457 |
| Vanguard Short-Term TIPS | $9,252 | $9,252 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Blackstone Alt Multi-Strat | FMV | $36,909 | $36,909 |
| Cash Equivalents | FMV | $14,420 | $14,420 |
| Cash Equivalents | FMV | $100,890 | $100,890 |
| Cohen & Steers Real Estate F | FMV | $29,755 | $29,755 |
| Ishares Gold Trust | FMV | $4,839 | $4,839 |
| Neuberger Berman Long Sh-Ins | FMV | $28,219 | $28,219 |
| Pimco Commodity PL Strat INS | FMV | $19,493 | $19,493 |
| Industrial Selet Sect SPDR | FMV | $11,851 | $11,851 |
| American Beacon AHL MGD-RS | FMV | $8,680 | $8,680 |
| Blackrock EVNT DRVN EQ-INST | FMV | $18,779 | $18,779 |
| Accrued Dividends | FMV | $237 | $237 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $35,937 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35,937 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Gain/Loss | Desc |
| Amt | $11,481 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Software Expense | $1,778 | $0 | $1,656 |
| ND Annual Filing Fee | $50 | $0 | $50 |
| Postage | $140 | $0 | $140 |
| Insurance | $753 | $0 | $753 |
| Office Supplies & Equipment | $105 | $0 | $105 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Reimbursements | Desc |
| Revenue And Expenses Per Books | $43,741 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $43,741 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Fees | $8,420 | $8,420 | $0 |
| Other Professional Fees | $57,833 | $0 | $40,108 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Payroll Taxes Paid | $17,492 | $0 | $17,221 |
| Foreign Taxes Paid | $426 | $426 | $0 |
| Excise Tax | $168 | $0 | $0 |
Comments