OWENS FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- OWENS FAMILY CHARITABLE FOUNDATION (EIN 46-4183686)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-20
- IRS object ID
- 202202939349101400
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- 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 | 2022-10-20T15:54:00-05:00 | 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 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | 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 | 464183686 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Owens Family Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | OWEN | 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 | john r ryan jr | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-10-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | john r | PersonFirstNm |
| Person Last | ryan jr | 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 | $9,996,585 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $59 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $59 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $175,004 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $175,004 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $719,548 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,369,571 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $690,584 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $49,731 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $50,312 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $944,342 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $915,959 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $23,250 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $23,250 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $68,710 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $68,710 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $9,754 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,654 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $225 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $225 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $44,870 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,939 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $32,991 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $146,809 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $86,303 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $56,466 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $341,470 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $341,470 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $488,279 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $86,303 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $397,936 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $456,063 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $829,656 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $126,849 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $195,002 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $195,002 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,875 | AcctRcvblAmt |
| Acct Rcvbl EOY | $2,875 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,875 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $7,117,158 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,253,431 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,169,463 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,271,896 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,522,658 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,629,245 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,515,903 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,973,966 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,996,585 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $8,515,903 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,973,966 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,515,903 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,973,966 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,515,903 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,973,966 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,515,903 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $456,063 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,000 | OtherIncreasesAmt |
| Subtotal | $8,973,966 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,973,966 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $3,361,042 | $2,684,581 | $676,461 | $676,461 | |||
| Passthrough K1 Capital Gain/(Loss) | $13,591 | ||||||
| KEYSTONE PRIVATE MARKET OPPORTUNITIES VI (Q), LP | $8,529 | $7,997 | $532 | $532 | P | 2014-06-27 | 2021-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $690,584 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,532 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,532 | SubtotalAmt |
| Tax Based On Investment Income | $11,532 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,855 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,300 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $12,155 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $623 | OverpaymentAmt |
| Applied To ES Tax | $623 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| James M Bymark | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $4,500 | $0 | $0 |
| Michael P Heck | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $4,500 | $0 | $0 |
| Edward J Matonich | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| John R Ryan Jr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir | 1.0 | $4,500 | $0 | $0 |
| Todd A Scaia | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $5,250 | $0 | $0 |
| John S Shenk MD | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $4,500 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lincoln Financial Advisors | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 S Harrison St | AddressLine1Txt |
| City | FORT WAYNE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 468012239 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Mgmt | ServiceTypeTxt |
| Compensation | $57,674 | CompensationAmt |
| 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 | $8,466,776 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $163,662 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,189,086 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,819,524 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,819,524 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $147,293 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,672,231 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $483,612 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $483,612 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,532 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $2,895 | IncomeTaxAmt |
| Total Tax | $14,427 | TotalTaxAmt |
| Distributable Before Adj | $469,185 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $2,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $471,185 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $471,185 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $397,936 | 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 | $397,936 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $471,185 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $397,006 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $397,936 | QualifyingDistributionsAmt |
| Applied To Year1 | $397,006 | AppliedToYear1Amt |
| Applied To Current Year | $930 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $470,255 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| 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 (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI | |||||||
| 7900 WEST 78TH ST SUITE 100 | MINNEAPOLIS | MN | 55439 | N/A | PC | General & Unrestricted | $1,000 |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI | |||||||
| 7900 WEST 78TH ST SUITE 100 | MINNEAPOLIS | MN | 55439 | N/A | PC | Charitable Event | $750 |
| AMERICAN ASSOCIATION OF UNIVERSITY WOMEN INC | |||||||
| 1310 L ST NW STE 1000 | WASHINGTON | DC | 20005 | N/A | PC | Charitable Event | $2,500 |
| ANGEL FUND INC | |||||||
| PO BOX 114 | HIBBING | MN | 55746 | N/A | PC | In support of Rock for an Angel | $1,000 |
| BOREALIS ART GUILD | |||||||
| 214 E HOWARD ST STE G | HIBBING | MN | 55746 | N/A | PC | the Borealis Art Guild reopening fund | $2,882 |
| CENTRAL MESABI MEDICAL FOUNDATION | |||||||
| 750 E 34TH ST | HIBBING | MN | 55746 | N/A | PC | Charitable Event | $2,500 |
| CENTRAL MESABI MEDICAL FOUNDATION | |||||||
| 750 E 34TH ST | HIBBING | MN | 55746 | N/A | PC | Kids Kare Fund for the 5K run/walk | $1,500 |
| CENTRAL MESABI MEDICAL FOUNDATION - FAIRVIEW RANGE | |||||||
| 1101 EAST 37TH ST STE 27 | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $2,500 |
| CHISHOLM PUBLIC SCHOOL DISTRICT | |||||||
| 300 SW 3RD AVE | CHISHOLM | MN | 55719 | N/A | GOV | General & Unrestricted | $8,000 |
| CHISHOLM VETERANS MEMORIAL ASSOCIATION INC | |||||||
| 8001 HWY 73 | ANGORA | MN | 55703 | N/A | PC | General & Unrestricted | $1,500 |
| GREENHAVEN PARENT TEACHER ORGANIZATION | |||||||
| 323 E 37TH ST | HIBBING | MN | 55746 | N/A | PC | Inclusive Community Playground project | $25,000 |
| HIBBING COLLEGE FOUNDATION | |||||||
| 1515 E 25TH ST | HIBBING | MN | 55746 | N/A | PC | Complete funding for the new sky projector | $15,000 |
| HIBBING DYLAN PROJECT | |||||||
| 2210 11TH AVE E | HIBBING | MN | 55746 | N/A | PC | In support of the City of Dylan Music Installation | $5,000 |
| HIBBING HIGH | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | In support of STEM education for the 6 through 9th grades of the hibbing school district | $93,397 |
| HIBBING HIGH | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | OFCF Scholarship fund | $5,926 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | the Cheever Field restoration fund | $63,000 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | General & Unrestricted | $11,000 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Purchase of the Ramsey Classroom for the Independent living classes | $2,300 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Education materials fund for the new Hibbing Early learning center | $5,000 |
| HIBBING QUARTERBACK CLUB | |||||||
| PO BOX 843 | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $5,000 |
| HIBBING-CHISHOLM YOUTH HOCKEY ASSOCIATION | |||||||
| PO BOX 193 | HIBBING | MN | 55746 | N/A | PC | Charitable Event | $2,215 |
| HONOR FLIGHT NORTHLAND INC | |||||||
| 4535 AIRPORT APPROACH RD | DULUTH | MN | 55811 | N/A | PC | General & Unrestricted | $2,500 |
| MESABA COUNTRY CLUB YOUTH GOLF ASSOCIATION INC | |||||||
| 415 E 51ST ST | HIBBING | MN | 55746 | N/A | PC | Charitable Event | $1,000 |
| PROJECT CARE FREE CLINIC | |||||||
| 1200 E 25TH ST STE 103 | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $12,500 |
| RANGE REGIONAL HEALTH SERVICES | |||||||
| 750 E 34TH ST | HIBBING | MN | 55746 | N/A | PC | Support toward purchase of Kinderguard Security Equipment system for newborns | $30,000 |
| SAINT PAUL & MINNESOTA FOUNDATION | |||||||
| 101 5TH E ST STE 2400 | SAINT PAUL | MN | 55101 | N/A | PC | Support programs of the Hibbing Foundation | $6,000 |
| THE SALVATION ARMY | |||||||
| 107 W HOWARD ST | HIBBING | MN | 55746 | N/A | PC | Childrens Christmas gift and Bicycle Project | $2,500 |
| THE SALVATION ARMY | |||||||
| 107 W HOWARD ST | HIBBING | MN | 55746 | N/A | PC | Christmas Program | $5,000 |
| UNITED WAY OF NORTHEASTERN MINNESOTA INC | |||||||
| 608 EAST DR | CHISHOLM | MN | 55719 | N/A | PC | the Imagination Library | $5,000 |
| UNITED WAY OF NORTHEASTERN MINNESOTA INC | |||||||
| 608 EAST DR | CHISHOLM | MN | 55719 | N/A | PC | General & Unrestricted | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $341,470 | 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 | $59 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $175,004 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $28,964 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $690,584 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$581 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $50,312 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $28,383 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $915,959 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $944,342 | 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 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | part I line 6A (990-PF) | IdentifierTxt |
| Form And Line Reference | PART I LINE 6A (990-PF) | FormAndLineReferenceDesc |
| Medium Explanation | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $690,584 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $28,964 TOTAL PART I, LINE 6A: $719,548 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $3,361,042 BOOK BASIS: $2,684,581 NET GAIN/(LOSS): $676,461 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $13,591 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $8,529 BOOK BASIS: $7,997 NET GAIN/(LOSS): $532 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (23 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BOSTON PARTNERS SM CAP VALUE I | $349,954 | $482,311 |
| CARILLON REAMS UNCONSTRAINED B | $187,753 | $186,289 |
| COLUMBIA MORTGAGE OPPORTUNITIE | $375,089 | $371,930 |
| DEER PARK TOTAL RETURN CREDIT | $488,380 | $520,445 |
| EVENTIDE HEALTHCARE & LIFE SCI | $161,949 | $123,680 |
| GRANDEUR PEAK GLOBAL CONTRARIA | $197,693 | $190,811 |
| GRANITESHARES BLOOMBERG COMMOD | $239,205 | $256,500 |
| HARTFORD CORE EQUITY CL I | $168,334 | $212,592 |
| HOTCHKIS AND WILEY VALUE OPP C | $426,984 | $538,171 |
| JPMORGAN US QUALITY FACTOR ETF | $207,488 | $303,905 |
| KOPERNIK GLOBAL ALL CAP FUND C | $470,185 | $586,198 |
| LOCORR MANAGED FUTURES STRATEG | $312,949 | $306,690 |
| NUANCE CONCENTRATED VAL LG SHT | $578,834 | $480,025 |
| OAKMARK GLOBAL SELECT ADVISOR | $393,487 | $483,420 |
| OAKMARK INTERNATIONAL ADVISOR | $436,313 | $435,543 |
| RMB MENDON FINANCIAL SERVICES | $181,189 | $296,323 |
| ROBO GLOBAL HEALTHCARE TECH. A | $81,931 | $93,288 |
| TORTOISE MLP AND PIPELINE FUND | $575,310 | $515,610 |
| TORTOISE PIPELINE & ENERGY FD | $18,645 | $29,307 |
| VICTORY GLOBAL NATURAL RESOURC | $250,793 | $341,490 |
| WCM ALTERNATIVES EVENT-DRIVEN | $537,843 | $508,697 |
| WCM FOCUSED INTL GROWTH FUNDS | $163,614 | $291,257 |
| WILLIAM BLAIR EMERGING MARKETS | $449,509 | $614,981 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| KEYSTONE PRIVATE INCOME FUND C | $500,000 | $500,000 |
| KEYSTONE PRIVATE MARKET OPPORT | $278,656 | $307,072 |
| KEYSTONE REAL ESTATE LENDING F | $484,548 | $475,000 |
| PRINCETON PRIVATE INVESTMENTS | $259,454 | $347,173 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $31,575 | $31,575 | |
| Bank Charges | $400 | $400 | |
| Indemnification Insurance | $1,383 | $1,383 | |
| K-1 EXP KEYSTONE PRIV MARKE VI | $3,211 | $3,206 | |
| K-1 EXP KEYSTONE PRIV VIII | $7,650 | $7,715 | |
| K-1 Exp KEYSTONE REAL ESTATE L | $618 | $618 | |
| Postage/Delivery Service | $33 | $33 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss KEYSTONE PRIVate MARKET vi | $843 | $323 |
| K-1 Inc/Loss KEYSTONE PRIV MARKET viii | $28,976 | $30,077 |
| K-1 Inc/Loss KEYSTONE REAL ESTATE LENDING FUND LP | $19,912 | $19,912 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURNED GRANT | Desc |
| Amt | $2,000 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $68,710 | Amt |
| Net Investment Income | $68,710 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2021 | $4,100 | |
| Foreign Tax Paid | $5,654 | $5,654 |
Comments