The Klungness Family Foundation Inc: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- The Klungness Family Foundation Inc (EIN 01-0791882)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-07-21
- IRS object ID
- 202242029349100904
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-21T09:36:47-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 010791882 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Klungness Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | KLUN | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRAIG A KLUNGNESS | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-07-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KRAIG A | PersonFirstNm |
| Person Last | KLUNGNESS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,808,484 | 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 | $2,809,477 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $742 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $742 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $67,058 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $66,730 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,260 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,226,314 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $20,072 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,719 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,764 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,905,256 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $91,308 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $14,125 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,125 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,420 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $5,025 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,025 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,570 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,125 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,025 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $315,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $315,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $335,570 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,125 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $320,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,569,686 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $77,183 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,196,112 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,805,583 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,805,583 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,873,729 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $570,065 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $560,357 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,281,986 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,122,749 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,206,578 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $191,168 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,976,044 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,955,966 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $636,760 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $280,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $280,000 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,179,755 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,754,441 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,808,484 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $5,179,755 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,754,441 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,179,755 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,754,441 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,179,755 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,754,441 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,179,755 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,569,686 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,000 | OtherIncreasesAmt |
| Subtotal | $7,754,441 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,754,441 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $2,869,554 | $2,849,482 | $20,072 | $20,072 | |||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2021-01-13 | ||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2021-02-18 | ||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2021-03-11 | ||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2021-04-09 | ||
| FNB BANKSHARES | $90,000 | $90,000 | D | 2019-07-16 | 2021-05-12 | ||
| FNB BANKSHARES | $86,760 | $86,760 | D | 2019-07-16 | 2021-06-23 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $20,072 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,073 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,073 | SubtotalAmt |
| Tax Based On Investment Income | $1,073 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $724 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $400 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,124 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $51 | OverpaymentAmt |
| Applied To ES Tax | $51 | AppliedToESTaxAmt |
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 | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Katharine T Alvord | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 2.0 | $0 | $0 | $0 |
| Kraig Klungness | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| Barbara Klungness Anderson | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Nelson Sommerfeldt | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,342,460 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,946,483 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $382,387 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,671,330 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,671,330 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $115,070 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,556,260 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $377,813 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $377,813 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,073 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,073 | TotalTaxAmt |
| Distributable Before Adj | $376,740 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $5,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $381,740 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $381,740 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $320,025 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $320,025 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $381,740 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $7,702 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $21,665 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $29,367 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $320,025 | QualifyingDistributionsAmt |
| Applied To Current Year | $320,025 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $29,367 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $29,367 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $32,348 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (55 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BARBARA KETTLE GUNDLACH SHELTER HOME FOR ABUSED WO | |||||||
| PO BOX 8 | CALUMET | MI | 49913 | N/A | PC | General & Unrestricted | $4,000 |
| BAY CLIFF HEALTH CAMP | |||||||
| PO BOX 310 | BIG BAY | MI | 49808 | N/A | PC | General & Unrestricted | $4,000 |
| CALIFORNIA BRAIN TUMOR ASSOCIATION | |||||||
| 77207 TRIBECCA ST | INDIAN WELLS | CA | 92210 | N/A | PC | General Support | $4,700 |
| CARING HOUSE INC | |||||||
| 1305 PROSPECT AVE | IRON MOUNTAIN | MI | 49801 | N/A | PC | General & Unrestricted | $4,000 |
| CELLULAR PHONE TASK FORCE INC | |||||||
| PO BOX 6216 | SANTA FE | NM | 87502 | N/A | PC | General & Unrestricted | $2,500 |
| CONCERNED CITIZENS FOR THE APPROPRIATE PLACEMENT O | |||||||
| 74 THE VALLEY RD | CONCORD | MA | 01742 | N/A | PC | To support education efforts by Massachusetts for Safe Technology | $2,000 |
| COPPER COUNTRY HUMANE SOCIETY | |||||||
| PO BOX 453 | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $7,500 |
| COPPER HARBOR TRAILS SOCIETY INC | |||||||
| 230 GRATIOT ST | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $5,000 |
| DAMS INC | |||||||
| 1041 GRAND AVE APT 317 | SAINT PAUL | MN | 55105 | N/A | PC | General & Unrestricted | $1,000 |
| DIAL HELP INC | |||||||
| 609 SHELDEN AVE | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $3,000 |
| DICKINSON COUNTY HUMANE SOCIETY | |||||||
| 5060 LINCOLN ST | QUINNESEC | MI | 49876 | N/A | PC | Almost Home Animal Shelter | $2,500 |
| ECOLOGICAL OPTIONS NETWORK | |||||||
| PO BOX 1047 | BOLINAS | CA | 94924 | N/A | PC | Projects to educate about the effects of digital technologies and electromagnetic fields | $17,000 |
| ELECTROMAGNETIC SAFETY ALLIANCE INCORPORATED | |||||||
| 3248 N HILL FARM DR | TUCSON | AZ | 85712 | N/A | PC | General & Unrestricted | $4,000 |
| ENVIRONMENTAL HEALTH TRUST | |||||||
| PO BOX 58 | TETON VILLAGE | WY | 83025 | N/A | PC | General & Unrestricted | $12,000 |
| FEEDING AMERICA | |||||||
| 161 N CLARK ST SUITE 700 | CHICAGO | IL | 60601 | N/A | PC | General & Unrestricted | $3,000 |
| FINLANDIA UNIVERSITY | |||||||
| 601 QUINCY ST | HANCOCK | MI | 49930 | N/A | PC | The purchase of hard copy print resources by the Maki Library | $4,000 |
| FRIENDS OF PIMA ANIMAL CARE CENTER | |||||||
| PO BOX 85370 | TUCSON | AZ | 85754 | N/A | PC | General & Unrestricted | $5,000 |
| FRIENDS OF THE CLEARWATER INC | |||||||
| PO BOX 9241 | MOSCOW | ID | 83843 | N/A | PC | General & Unrestricted | $4,500 |
| FRIENDS OF THE PALM SPRINGS ANIMAL SHELTER | |||||||
| 4575 E MESQUITE AVE | PALM SPRINGS | CA | 92264 | N/A | PC | General & Unrestricted | $8,000 |
| GRASSROOTS ENVIRONMENTAL EDUCATION INC | |||||||
| 52 MAIN ST | PORT WASHINGTON | NY | 11050 | N/A | PC | For projects supporting wireless radiation education | $4,500 |
| GREEN VESSELS INC | |||||||
| 12405 MELLING LN | BOWIE | MD | 20715 | N/A | PC | General & Unrestricted | $4,800 |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| PO BOX 231 | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $2,000 |
| INNOCENCE PROJECT INC | |||||||
| 40 WORTH ST RM 701 | NEW YORK | NY | 10013 | N/A | PC | General & Unrestricted | $4,000 |
| Iron Mountain High School | |||||||
| 300 W B ST | IRON MOUNTAIN | MI | 49801 | N/A | GOV | Class of 1971 Scholarship Fund | $2,000 |
| KEWEENAW LAND TRUST INC | |||||||
| 101 QUINCY ST STE 303 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $5,000 |
| KEWEENAW NORDIC SKI CLUB INC | |||||||
| PO BOX 564 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $3,000 |
| MENOMINEE RANGE HISTORICAL FOUNDATION | |||||||
| PO BOX 237 | IRON MOUNTAIN | MI | 49801 | N/A | PC | General & Unrestricted | $2,000 |
| MERCY EMS INC | |||||||
| 23298 AIRPARK BLVD | CALUMET | MI | 49913 | N/A | PC | General & Unrestricted | $3,000 |
| MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH | |||||||
| GRAND CENTRAL STA PO BOX 4777 | NEW YORK | NY | 10163 | N/A | PC | General & Unrestricted | $5,000 |
| NATIONAL PUBLIC RADIO INC | |||||||
| PO BOX 791490 | BALTIMORE | MD | 21279 | N/A | PC | General & Unrestricted | $7,500 |
| NEW POWER TOUR INC | |||||||
| 422 QUINCY ST | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $5,000 |
| NO ONE LEFT BEHIND INC | |||||||
| 8001 FORBES PL STE 211 142 | SPRINGFIELD | VA | 22151 | N/A | PC | General & Unrestricted | $3,000 |
| NORTH AMERICAN WILDERNESS RECOVERY | |||||||
| PO BOX 13768 | ALBUQUERQUE | NM | 87192 | N/A | PC | General & Unrestricted | $4,000 |
| OMEGA HOUSE INC | |||||||
| 2211 MAUREEN LN | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $3,000 |
| PINE MOUNTAIN MUSIC FESTIVAL INC | |||||||
| PO BOX 406 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $2,000 |
| PLANNED PARENTHOOD OF MICHIGAN | |||||||
| 950 VICTORS WAY STE 100 | ANN ARBOR | MI | 48108 | N/A | PC | General & Unrestricted | $10,000 |
| PORTAGE HEALTH FOUNDATION | |||||||
| 400 QUINCY ST - STE 405 PO BOX | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $5,000 |
| PUBLIC EMPLOYEES FOR ENVIRONMENTAL RESPONSIBILITY | |||||||
| 962 WAYNE AVE STE 610 | SILVER SPRING | MD | 20910 | N/A | PC | For efforts to protect public wildlands from encroachment by cellphone and wireless infrastructutre | $4,800 |
| REID PARK ZOOLOGICAL SOCIETY | |||||||
| 1030 S RANDOLPH WAY | TUCSON | AZ | 85716 | N/A | PC | Elephants Fund and General Fund | $7,500 |
| ROCKY MOUNTAIN INSTITUTE | |||||||
| 2490 JCT PLACE STE 200 | BOULDER | CO | 80302 | N/A | PC | General & Unrestricted | $10,000 |
| SOCIETY OF ENVIRONMENTAL JOURNALISTS | |||||||
| 1629 K ST NW STE 300 | WASHINGTON | DC | 20006 | N/A | PC | Elizabeth Grossman Fund | $4,000 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 501 ST JUDE PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $10,000 |
| SUPERIOR SEARCH & RESCUE | |||||||
| PO BOX 682 | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $3,000 |
| SWAN VIEW COALITION INC | |||||||
| 3165 FOOTHILL RD | KALISPELL | MT | 59901 | N/A | PC | General & Unrestricted | $4,000 |
| SWEDETOWN TRAILS CLUB | |||||||
| PO BOX 214 | CALUMET | MI | 49913 | N/A | PC | General & Unrestricted | $3,000 |
| THE HUMANE SOCIETY WILDLIFE LAND TRUST | |||||||
| 1255 23RD ST NW STE 450 | WASHINGTON | DC | 20037 | N/A | PC | General & Unrestricted | $3,200 |
| THE SALVATION ARMY OF HANCOCK | |||||||
| 408 RAVINE ST | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $7,500 |
| THE SIERRA FUND | |||||||
| 204 PROVIDENCE MINE RD STE 214 | NEVADA CITY | CA | 95959 | N/A | PC | Projects related to mercury remediation | $1,500 |
| U P WILDLIFE REHABILITATION | |||||||
| PO BOX 53 | SKANDIA | MI | 49885 | N/A | PC | General & Unrestricted | $5,000 |
| UNIVERSITY OF ARIZONA FOUNDATION | |||||||
| 1111 N CHERRY AVE | TUCSON | AZ | 85721 | N/A | PC | For the benefit of AZPM | $4,000 |
| VITAL GROUND FOUNDATION INC | |||||||
| 20 FORT MISSOULA RD | MISSOULA | MT | 59804 | N/A | PC | General & Unrestricted | $7,500 |
| WILDERNESS WATCH INC | |||||||
| PO BOX 9175 | MISSOULA | MT | 59807 | N/A | PC | General & Unrestricted | $10,000 |
| WILDERNESS WATCH INC | |||||||
| PO BOX 9175 | MISSOULA | MT | 59807 | N/A | PC | the Wilderness Watch Forever Wild Endowment fund | $50,000 |
| WILDLIFE CONSERVATION SOCIETY | |||||||
| 212 S WALLACE AVE STE 101 | BOZEMAN | MT | 59715 | N/A | PC | General & Unrestricted | $5,000 |
| WIRELESS EDUCATION ACTION | |||||||
| PO BOX 82412 | PORTLAND | OR | 97282 | N/A | PC | General & Unrestricted | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $315,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $742 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $67,058 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $20,260 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PROCEEDS FROM SALES OF AIRPLANE PARTS | 01 | $3,744 |
| LAWSUIT SETTLEMENT PROCEEDS | 01 | $20 |
| OTHER INCOME | 01 | $3,955 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $95,779 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $95,779 | 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 |
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 Person | James A Klungness Irrevocable TA | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 516 | AddressLine1Txt |
| City | Houghton | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49931 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,809,477 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | AIRPLANE PARTS | PropertyDesc |
| Acquired | 2021-06-18 | AcquiredDt |
| Cost Or Other Basis | $0 | CostOrOtherBasisAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 10 | LifeRt |
| Current Year Expense | $0 | CurrentYearExpenseAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (23 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN HONDA FIN CORP - 1.00 | $50,334 | $49,221 |
| APPLE INC - 2.850% - 02/23/202 | $26,294 | $25,523 |
| BARCLAYS BANK - 2.000% - 12/22 | $54,868 | $53,779 |
| EXXON MOBIL CORP - 2.019% - 08 | $52,035 | $51,245 |
| FEDERAL HOME LOAN BASER B2-202 | $50,000 | $49,453 |
| FEDERAL HOME LOAN BASER FE-902 | $25,000 | $24,703 |
| FEDERAL HOME LOAN BASER GH-902 | $25,000 | $24,687 |
| GEORGIA PWR CO - 2.100% - 07/3 | $51,513 | $50,888 |
| GOLDMAN SACHS - 3.050% - 04/06 | $28,527 | $26,937 |
| GOLDMAN SACHS GROUP INC - 4.00 | $54,731 | $53,018 |
| HOME DEPOT INC - 2.500% - 04/1 | $52,703 | $52,176 |
| INTUIT NOTE - 0.650% - 07/15/2 | $50,373 | $49,849 |
| JPMORGAN CHASE & CO BOND PERPE | $100,980 | $99,750 |
| JPMORGAN CHASE & CO FR - 3.875 | $55,044 | $53,048 |
| MORGAN STANLEY PVT BK - 2.750% | $26,529 | $25,728 |
| ORACLE CORP NOTE CALL MAKE WHO | $52,431 | $51,192 |
| PUBLIC SVC ELEC GAS CO - 2.250 | $52,234 | $51,397 |
| SCHWAB CHARLES CORP BOND - 4.0 | $61,559 | $60,600 |
| SIMON PPTY GROUP - 3.500% - 09 | $27,228 | $26,654 |
| UNION PAC CORP - 3.640% - 02/1 | $27,079 | $26,131 |
| US TREAS BILLS 0 CPN 3/17/22 | $499,899 | $499,943 |
| US TREAS BILLS 0 CPN 9/8/22 | $499,703 | $499,241 |
| WALT DISNEY COMPANY - 1.750% - | $51,980 | $50,803 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CLEARBRIDGE LARGE CAP GROWTH C | $52,000 | $51,131 |
| COLUMBIA FDS SRS TR I DIVIDEND | $80,000 | $84,740 |
| FEDERATED ULTRA SHORT BOND FUN | $50,000 | $49,729 |
| INVESCO OPPENHEIMER DEVELOPING | $10,000 | $8,735 |
| INVESCO ULTRA SHORT DURATION E | $404,665 | $402,400 |
| ISHARES BARCLAYS AGENCY BOND | $295,697 | $292,925 |
| ISHARES SHORT TERM CORPORATE B | $398,629 | $397,365 |
| JANUS HIGH YIELD FUND | $25,000 | $25,295 |
| JP MORGAN CORE BOND FUND | $497,821 | $491,985 |
| JPMORGAN MANAGED INCOME FUND I | $304,599 | $303,096 |
| LEGG MASON INVST LOW VOL HIGH | $53,152 | $80,080 |
| MFS INTERNATIONAL GROWTH FUND | $10,000 | $9,577 |
| PRINCIPAL PREFERRED SECURITIES | $74,123 | $73,695 |
| PRINCIPAL SHORT TERM INCOME | $125,000 | $123,083 |
| PRUDENTIAL SHORT DURATION HIGH | $59,413 | $59,413 |
| SELECT SECTOR SPDR UTILITIES | $52,936 | $57,264 |
| VANGUARD HIGH DIV YIELD | $197,517 | $276,575 |
| VANGUARD INT TRM BD | $400,197 | $392,888 |
| VANGUARD INTL GROWTH FD ADMIRA | $32,000 | $26,602 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $495,801 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $488,698 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $74,264 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $71,659 | StateLocalSecEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | AIRPLANE PARTS | CategoryOrItemTxt |
| Cost Or Other Basis | $0 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $0 | AccumulatedDepreciationAmt |
| Book Value | $0 | BookValueAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FNB BANKSHARES | $180,000 | $180,000 |
| FSP MONUMENT CIRCLE CORP | $100,000 | $100,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $5,000 | $5,000 |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Proceeds from sale of airplane parts | $3,744 | $3,744 |
| Lawsuit Settlement Proceeds | $20 | $20 |
| Other Income | $3,955 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURNED GRANT | Desc |
| Amt | $5,000 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $14,125 | Amt |
| Net Investment Income | $14,125 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $700 |
| 990-PF Extension for 2020 | $720 |