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RHY CHARITABLE TR: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
RHY CHARITABLE TR (EIN 38-6869248)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-13
IRS object ID
202221339349103287
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-13T13:38:18-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410971937PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREDRIKSON & BYRON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 S 6TH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN386869248EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RHY CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRHYCBusinessNameControlTxt
Phone6124927000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH SIXTH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEBRA YAUKPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6124927000PhoneNum
Signature2022-05-04SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDEBRAPersonFirstNm
Person LastYAUKPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L NELSONPreparerPersonNm
PTINP01370507PTIN
Phone6124927000PhoneNum
Preparation2022-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,567,606FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$10,688InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$10,688InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,383DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,383DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$404,342NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,129,995GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$404,342CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$420,413TotalRevAndExpnssAmt
Total Net Invst Incm$420,413TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$25,000CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$7,843OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$7,843OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$148TaxesRevAndExpnssAmt
Taxes Net Invst Incm$148TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$32,991TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,991TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$290,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$290,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$322,991TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,991TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$290,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$97,422ExcessRevenueOverExpensesAmt
Net Investment Income$412,422NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$201,411SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$183,504SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$183,504SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$225,663USGovernmentObligationsBOYAmt
US Government Obligations EOY$144,135USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$153,832USGovtObligationsEOYFMVAmt
Corporate Stock EOY$1,574,132CorporateStockEOYAmt
Corporate Stock EOYFMV$1,635,807CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,871,031CorporateBondsBOYAmt
Corporate Bonds EOY$493,756CorporateBondsEOYAmt
Corporate Bonds EOYFMV$594,463CorporateBondsEOYFMVAmt
Total Assets BOY$2,298,105TotalAssetsBOYAmt
Total Assets EOY$2,395,527TotalAssetsEOYAmt
Total Assets EOYFMV$2,567,606TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,298,105NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,395,527NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,298,105TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,395,527TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,298,105TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,395,527TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,298,105TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$97,422ExcessRevenueOverExpensesAmt
Subtotal$2,395,527SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,395,527TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$404,342CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,733InvestmentIncomeExciseTaxAmt
Subtotal$5,733SubtotalAmt
Tax Based On Investment Income$5,733TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$3EsPenaltyAmt
Tax Due$5,736TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOHN NELSONIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH SIXTH STREETAddressLine1Txt
Address Line2SUITE 4000AddressLine2Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT H YAUK
200 SOUTH 6TH STREET SUITE 4000MINNEAPOLISMN55402TRUSTEE000.00$0$0$0
DEBRA YAUK
200 SOUTH 6TH STREET SUITE 4000MINNEAPOLISMN55402TRUSTEE10.00$25,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,476,743AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$174,919AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,651,662TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,651,662AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$39,775CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,611,887NetVlNoncharitableAssetsAmt
Minimum Investment Return$130,594MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$130,594MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,733TaxBasedOnInvestmentIncomeAmt
Total Tax$5,733TotalTaxAmt
Distributable Before Adj$124,861DistributableBeforeAdjAmt
Distributable Before Ded$124,861DistributableBeforeDedAmt
Distributable As Adjusted$124,861DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$290,000ExpensesAndContributionsAmt
Qualifying Distributions$290,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$124,861DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$49,966ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$136,884ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$179,285ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$174,200ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$540,335TotalExcessDistributionCyovAmt
Qualifying Distributions$290,000QualifyingDistributionsAmt
Applied To Current Year$124,861AppliedToCurrentYearAmt
Remaining Distri From Corpus$165,139RemainingDistriFromCorpusAmt
Total Corpus$705,474TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$705,474ExcessDistriCyovToNextYrAmt
Excess From Year4$49,966ExcessFromYear4Amt
Excess From Year3$136,884ExcessFromYear3Amt
Excess From Year2$179,285ExcessFromYear2Amt
Excess From Year1$174,200ExcessFromYear1Amt
Excess From Current Year$165,139ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MAYO CLINIC DEPT OF DEVELOPMENT
200 FIRST STREET SWROCHESTERMN55905NONEPCGENERAL USE OF CHARITY$250,000
PUPPY LUV RESCUE FOUNDATION
34018 NORTH 2ND AVEPHOENIXAZ85085NONEPCGENERAL USE OF CHARITY$20,000
MINNESOTA 100 CLUB
PO BOX 1066ANOKAMN55303NONEPCGENERAL USE OF CHARITY$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$290,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,688ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,383ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$404,342ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$420,413ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$420,413TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
WELLSFARGO BONDS$161,272$165,858
WELLSFARGO CERTIFICATES OF DEPOSIT$332,484$428,605

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockWELLS FARGO ACCOUNTStockNm
EOY Book Value$1,574,132EOYBookValueAmt
EOYFMV$1,635,807EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$144,135USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$153,832USGovtObligationsEOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT EXPENSESCategoryTxt
Amt$7,843Amt
Net Investment Income$7,843NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$148Amt
Net Investment Income$148NetInvestmentIncomeAmt

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