CHARLES E LAKIN FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CHARLES E LAKIN FOUNDATION INC (EIN 76-0751233)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-09-20
IRS object ID
202102639349100605
Schema version
2020v4.1
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)
Return2021-09-20T11:35:09-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN470574775PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRANKEL ZACHARIA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111404 WEST DODGE RD SUITE 700AddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP681542576ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760751233EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLES E LAKIN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHARBusinessNameControlTxt
Phone7122565580PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1705 NORTH 16TH STREETAddressLine1Txt
CityCOUNCIL BLUFFSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP51501ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN WILDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7122565580PhoneNum
Signature2021-08-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEPHENPersonFirstNm
Person LastWILDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCINDY BRENNEMANPreparerPersonNm
PTINP00328210PTIN
Phone4024969100PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$160,953,245FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$8,044,771ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$5,312InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,312InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,067,888DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,067,888DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$1,965,165GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1,965,165GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$281,719NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$1,684,176NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$13,483,088GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,684,176CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$12,767,312TotalRevAndExpnssAmt
Total Net Invst Incm$4,722,541TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$666,860CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$390,633CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$137,864OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$0OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$24,118PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$24,118PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$28,778LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$6,737LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$22,041LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$27,844AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$252,800OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$162,763OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$72,935OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$62,083InterestRevAndExpnssAmt
Interest Net Invst Incm$62,083InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl$0InterestDsbrsChrtblAmt
Taxes Rev And Expnss$178,228TaxesRevAndExpnssAmt
Taxes Net Invst Incm$20,951TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$28,282TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$513,946DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$509,547DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$1,115,560OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$1,046,508OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$28,727OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$29,170TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$9,985TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$49,738OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$21,240OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$12,410OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,086,989TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,829,829TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$589,131TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$9,228,751ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$9,228,751ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,315,740TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,829,829TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$9,817,882TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$451,572ExcessRevenueOverExpensesAmt
Net Investment Income$2,892,712NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,367,333CashBOYAmt
Cash EOY$2,796,993CashEOYAmt
Cash EOYFMV$2,796,993CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,212,578SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$371,960SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$371,960SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$16,724,656CorporateStockBOYAmt
Corporate Stock EOY$23,499,201CorporateStockEOYAmt
Corporate Stock EOYFMV$38,607,465CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$62,804,950InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$1,109,763InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$62,667,525LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$61,695,187LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$57,175,767LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$48,969,294OtherInvestmentsBOYAmt
Other Investments EOY$48,189,326OtherInvestmentsEOYAmt
Other Investments EOYFMV$60,086,045OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$422,869LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$69,526LandBldgEquipAccumDeprecAmt
Land BOY$362,734LandBOYAmt
Land EOY$353,343LandEOYAmt
Land EOYFMV$353,343LandEOYFMVAmt
Other Assets BOY$1,714,525OtherAssetsBOYAmt
Other Assets EOY$1,561,672OtherAssetsEOYAmt
Other Assets EOYFMV$1,561,672OtherAssetsEOYFMVAmt
Total Assets BOY$135,018,645TotalAssetsBOYAmt
Total Assets EOY$138,467,682TotalAssetsEOYAmt
Total Assets EOYFMV$160,953,245TotalAssetsEOYFMVAmt
Accounts Payable BOY$10,351AccountsPayableBOYAmt
Accounts Payable EOY$2,402AccountsPayableEOYAmt
Mortgages And Notes Payable EOY$2,000,000MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$5,000OtherLiabilitiesBOYAmt
Other Liabilities EOY$2,484OtherLiabilitiesEOYAmt
Total Liabilities BOY$15,351TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,004,886TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$135,003,294RetainedEarningBOYAmt
Retained Earning EOY$136,462,796RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$135,003,294TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$136,462,796TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$135,018,645TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$138,467,682TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$135,003,294TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$451,572ExcessRevenueOverExpensesAmt
Other Increases$1,007,930OtherIncreasesAmt
Subtotal$136,462,796SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$136,462,796TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtDepreciationDepreciationAmt
BESSEMER ACCT 260D2019-12-302020-03-20$52,730$53,935-$1,205-$1,205
BESSEMER ACCT 260D2019-03-052020-05-18$5,706,075$5,308,616$397,459$397,459
UBSD2017-12-012020-01-03$2,035,283$1,270,222$765,061$765,061
REAL PROPERTY SALESD2018-04-152020-12-28$5,689,000$5,581,135$522,861$522,861$414,996
FieldValueIRS element (for citing)
Capital Gain Net Income$1,684,176CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$40,209InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$40,209SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$40,209TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$68,130EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$68,130TotalPaymentsAndCreditsAmt
Es Penalty$94EsPenaltyAmt
Overpayment$27,827OverpaymentAmt
Applied To ES Tax$27,827AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTINA GARLANDIndividualWithBooksNm
Phone7122565580PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1705 NORTH 16TH STREETAddressLine1Txt
CityCOUNCIL BLUFFSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP51501ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES E LAKIN III
2265 SOUTH 21ST AVENUEYUMAAZ85364DIRECTOR/MANAGER18.00$128,400$0$0
DEBORAH L JOHNSON
196 BEACON HILL LNASHLANDOR97520DIRECTOR/MANAGER1.50$48,950$0$0
DIANE KILZER
11857 E IDA PLENGLEWOODCO80111DIRECTOR10.00$40,000$0$0
JOANNA L CELLONE
139 INGLEWOOD DRPITTSBURGHPA15228DIRECTOR, SECRETARY8.00$40,000$0$0
STEPHEN WILD
222 NORTH 7TH STREETMISSOURI VALLEYIA51555DIRECTOR, PRESIDENT40.00$206,880$0$0
JOHN L HOICH
5410 NORTH 279TH STVALLEYNE68064DIRECTOR, VICE PRESIDENT40.00$165,880$0$0
TINA GARLAND
2610 LINCOLN STBEATRICENE68310TREASURER8.00$36,750$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$87,191,271AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$799,480AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$63,806,724FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$151,797,475TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$151,797,475AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,276,962CashDeemedCharitableAmt
Net Vl Noncharitable Assets$149,520,513NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,476,026MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,476,026MinimumInvestmentReturnAmt
Tax Based On Investment Income$40,209TaxBasedOnInvestmentIncomeAmt
Total Tax$40,209TotalTaxAmt
Distributable Before Adj$7,435,817DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$7,435,817DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$7,435,817DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$9,817,882ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$9,817,882QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$9,817,882AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,435,817DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$1,168,164ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,168,164TotalExcessDistributionCyovAmt
Qualifying Distributions$9,817,882QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$7,435,817AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,382,065RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$3,550,229TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,550,229ExcessDistriCyovToNextYrAmt
Excess From Year1$1,168,164ExcessFromYear1Amt
Excess From Current Year$2,382,065ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCHARLES E LAKING FOUNDATION INCRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1705 NORTH 16TH STREETAddressLine1Txt
CityCOUNCIL BLUFFSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP51501ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7122565580RecipientPhoneNum
Form And Info And MaterialsNONE SPECIFIEDFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsLIMITED TO THE FOLLOWING COUNTIES IN IOWA (MILLS, MONTGOMERY, POTTAWATTAMIE, FREMONT, PAGE AND CASS) AND NEBRASKA (DOUGLAS AND SARPY)RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (53 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
100 BLACK MEN OF OMAHA INC
2221 N 24TH STOMAHANE68110N/APCCONTRIBUTION FOR GENERAL PURPOSES$100,000
AFRICAN AMERICAN EMPOWERMENT NETWORK INC
2401 LAKE ST 110OMAHANE68111N/APCCONTRIBUTION FOR GENERAL PURPOSES$749,952
AVENUE SCHOLARS FOUNDATION
7101 MERCY ROAD 240OMAHANE68106N/APCCONTRIBUTION FOR GENERAL PURPOSES$1,727,729
BAGS OF FUN
1309 SO 204TH STREET 319ELKHORNNE68022N/APCCONTRIBUTION FOR GENERAL PURPOSES$10,000
BETHLEHEM HOUSE
2301 S 15TH STREETOMAHANE68108N/APCCONTRIBUTION FOR GENERAL PURPOSES$7,500
BOYS & GIRLS CLUB
8156 N 16TH STCOUNCIL BLUFFSIA51501NONEPCCONTRIBUTION FOR GENERAL PURPOSES$100,000
CHARIOTS 4 HOPE INC
10845 HARNEY STOMAHANE68145NONEPCCONTRIBUTION FOR GENERAL PURPOSES$2,000
CHARLES E LAKIN HUMAN SERVICE CAMPUS FOUNDATION
2101 S 42ND STOMAHANE68105NONEPCMAINTENANCE$12,000
CHI HEALTH FOUNDATION- LAKESIDE HOSPITAL
12809 WEST DODGE RDOMAHANE68154N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
CHILDREN'S SCHOLARSHIP FUND OF OMAHA
7101 MERCY RD 150OMAHANE68106NONEPCCONTRIBUTION FOR GENERAL PURPOSES$25,000
CHILDREN'S SQUARE USA
500 N 7TH STCOUNCIL BLUFFSNE51503NONEPCCONTRIBUTION FOR GENERAL PURPOSES$2,000
COMPLETELY KIDS
2566 ST MARYS AVEOMAHANE68105NONEPCCONTRIBUTION FOR SWIM PROGRAM$515,500
DO SPACE
7205 DODGE STOMAHANE68114NONEPCCONTRIBUTION FOR GENERAL PURPOSES$239,800
GREEN HILLS AEA
24997 HWY 92COUNCIL BLUFFSIA51501NONEPCSCHOLARSHIPS$62,100
HEARTLAND EQUINE THERAPEUTIC RIDING ACADEMY
10130 S 222ND STGRETNANE68028N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
HEARTLAND FAMILY SERVICE
2101 S 42ND STOMAHANE68105NONEPCCONTRIBUTION FOR GENERAL PURPOSES$90,544
JAVELAN INC
9927 BROADMOOR ROADOMAHANE68114N/APCCONTRIBUTION FOR GENERAL PURPOSES$4,500
JOSHUA COLLINGSWORTH MEMORIAL FOUNDATION
PO BOX 21712LINCOLNNE68542NONEPCCONTRIBUTION FOR GENERAL PURPOSES$1,000
MERRYMAKERS ASSOCIATION
12020 SHAMROCK PLAZAOMAHANE68154N/APCCONTRIBUTION FOR GENERAL PURPOSES$1,000
MICAH HOUSE CORPORATION
1415 AVENUE JCOUNCIL BLUFFSIA51501NONEPCCONTRIBUTION FOR SHELTER$90,000
OMAHA BRIDGES OUT OF POVERTY INC
PO BOX 540338OMAHANE68154N/APCCONTRIBUTION FOR GENERAL PURPOSES$209,000
OMAHA EQUESTRIAN FOUNDATION
1004 FARNAM STOMAHANE68102NONEPCCONTRIBUTION FOR GENERAL PURPOSES$500
OMAHA HOME FOR BOYS
4343 N 52ND STREETOMAHANE68104N/APCCONTRIBUTION FOR GENERAL PURPOSES$500
POTTAWATTAMIE ARTS CULTURE ENTERTAINMENT
1228 S MAIN ST STE 115COUNCIL BLUFFSIA51503NONEPCHARVESTER II ARTS & CULTURE CENTER$166,666
POST TRAUMATIC GROWTH INSTITUTE
1065 N 115TH ST STE 100OMAHANE68154NONEPCCONTRIBUTION FOR GENERAL PURPOSES$5,000
POTTAWATTAMIE COUNTY COMMUNITY FOUNDATION
536 EAST BROADWAYCOUNCIL BLUFFSIA51503N/APCCONTRIBUTION FOR GENERAL PURPOSES$3,300,000
REJUVENATING WOMEN
PO BOX 207BOYS TOWNNE68010NONEPCCONTRIBUTION FOR GENERAL PURPOSES$7,000
RONALD MCDONALD HOUSE CHARITIES IN OMAHA INC
620 SOUTH 38TH AVENUEOMAHANE68105N/APCCONTRIBUTION FOR GENERAL PURPOSES$500
STEPHEN CENTER INC
2723 Q STREETOMAHANE68107N/APCCONTRIBUTION FOR GENERAL PURPOSES$7,000
SUBURBAN ROTARY CHARITABLE FOUNDATION
4089 SOUTH 84TH STREETOMAHANE68127NONEPCCONTRIBUTION FOR GENERAL PURPOSES$2,000
TEAMMATES MENTORING PROGRAM
11615 E CENTENTIAL RDLA VISTANE68128N/APCCONTRIBUTION FOR GENERAL PURPOSES$370,000
WESTSIDE FOUNDATION
1101 SOUTH 90TH STOMAHANE68124N/APCCONTRIBUTION FOR GENERAL PURPOSES$2,000
WOMEN'S CENTER FOR ADVANCEMENT
3801 HARNEY STOMAHANE68131NONEPCCONTRIBUTION FOR GENERAL PURPOSES$118,460
YMCA OF GREATER OMAHA
430 SOUTH 20TH STREETOMAHANE68102N/APCCONTRIBUTION FOR GENERAL PURPOSES$265,000
NEBRASKA ENTERPRISE FUND
330 N OAKLAND AVENUEOAKLANDNE68045N/APCCONTRIBUTION FOR GENERAL PURPOSES$100,000
OMAHA SYMPHONY ASSOCIATION
1905 HARNEY STREET SUITE 400OMAHANE68102N/APCCONTRIBUTION FOR GENERAL PURPOSES$30,000
TABOR LIBRARY ASSOCIATION
408 SOUTH STREETTABORIA51653N/APCCONTRIBUTION FOR GENERAL PURPOSES$680,000
IOWA WEST FOUNDATION
4201 RIVERS EDGE PARKWAYCOUNCIL BLUFFSIA51501N/APFCONTRIBUTION FOR GENERAL PURPOSES$50,000
IOWA LEGAL FUND
1111 9TH STREET NO 230DES MOINESIA50314N/APCCONTRIBUTION FOR GENERAL PURPOSES$3,000
MOVING VETERANS FORWARD INC
38832 SKYHAWK LANEVACAVILLECA95688N/APCCONTRIBUTION FOR GENERAL PURPOSES$4,500
NEW CENTURY ART GUILD INC
PO BOX 64KIMBALLTONIA51543N/APCCONTRIBUTION FOR GENERAL PURPOSES$3,500
TRAILBLAZERS OF THE HEARTLAND
17331 LIME KILN RDCRESENTIA51526N/APCCONTRIBUTION FOR GENERAL PURPOSES$3,000
SAVING GRACE PERISHABLE FOOD RESCUE INC
4611 SOUTH 96TH STREET SUITE 112OMAHANE68127N/APCCONTRIBUTION FOR GENERAL PURPOSES$500
NAMI SOUTHWEST IOWA
PO BOX 143NEOLAIA51559N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
GIRL SCOUTS OF GREATER IOWA
10715 HICKMAN RDURBANDALEIA50322N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
FIRST BAPTIST FOOD PANTRY
PO BOX 1989COUNCIL BLUFFSIA51502N/APCCONTRIBUTION FOR GENERAL PURPOSES$3,000
PARALYZED VETERANS OF AMERICA- IOWA CHAPTER
7025 HICKMAN RDURBANDALEIA50322N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
TOGETHER INC OF METROPOLITAN OMAHA
812 SOUTH 24TH STREETOMAHANE68108N/APCCONTRIBUTION FOR GENERAL PURPOSES$1,000
THE VISITING NURSE ASSOCIATION OF POTTAWATTAMIE COUNTY IOWA
822 S MAIN STREET NO 102COUNCIL BLUFFSIA51503N/APCCONTRIBUTION FOR GENERAL PURPOSES$100,000
MOTHERS AGAINST DRUNK DRIVING
511 E JOHN CARTER FREEWAY SUITE 700IRVINGTX75062N/APCCONTRIBUTION FOR GENERAL PURPOSES$1,000
APPLIED INFORMATION MANAGEMENT INSTITUTE
1905 HARNEY STREETOMAHANE68102N/APCCONTRIBUTION FOR GENERAL PURPOSES$20,000
4-H CLUBS & AFFILIATED 4-H ORGANIZATIONS
32164 LAMBERT AVEMALVERNIA51551N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
HABITAT FOR HUMANITY COUNCIL BLUFFS
1216 S MAIN STCOUNCIL BLUFFSIA51503N/APCCONTRIBUTION FOR GENERAL PURPOSES$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$9,228,751TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,312ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,067,888ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$281,719ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,684,176ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$3,039,095ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,039,095TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLES E LAKIN REVOCABLE TRUSTBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1705 NORTH 16TH STREETAddressLine1Txt
CityCOUNCIL BLUFFSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP51501ZIPCd
FieldValueIRS element (for citing)
Total Contributions$8,044,771TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property38 SHARES BERKSHIRE A STOCKNoncashPropertyDesc
Fair Market Value$8,044,771FairMarketValueAmt
Received2020-02-17ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$27,844Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (21 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
COLORADO PROPERTY2018-04-15$8,314,433$409,116SL27.500000000000$409,730$409,730
COLORADO PROPERTY II2018-04-15$1,314,000$57,558SL39.000000000000$33,692$33,692
COLORADO PROPERTY- LAND1987-04-15$1,845,842L$0$0
ARIZONA PROPERTY2018-07-15$1,725,000$64,503SL39.000000000000$42,388$42,388
ARIZONA PROPERTY- LAND2018-07-15$4,360,804L$0$0
ARIZONA PROPERTY II- LAND2019-07-15$10,791,429L$0$0
IOWA PROPERTY- LAND2018-07-15$35,590,742L$0$0
IOWA PROPERTY2018-07-15$12,700$4,924200DB7.000000000000$2,222$1,814
IOWA PROPERTY II- HEATHER RIDGE CONDO2019-04-15$400,000$7,265SL39.000000000000$10,256$10,256
CAMPUS BUILDING2018-06-15$292,859$11,576SL39.000000000000$7,509$0
CAMPUS BUILDING IMPROVEMENTS2018-07-15$10,620$397SL39.000000000000$272$0
CAMPUS BUILDING IMPROVEMENTS2018-09-15$7,000$231SL39.000000000000$179$0
CAMPUS BUILDING IMPROVEMENTS2018-12-15$27,470$733SL39.000000000000$704$0
CAMPUS LAND2018-06-15$10,000L$0$0
CAMPUS BUILDING IMPROVEMENTS2019-01-15$19,671$483SL39.000000000000$504$0
CAMPUS BUILDING IMPROVEMENTS2019-04-15$8,692$158SL39.000000000000$223$0
EQUIPMENT2019-04-16$10,065200DB5.000000000000$0$0
EQUIPMENT2019-06-17$30,225200DB5.000000000000$0$0
BILLBOARDS2019-04-19$175,000150DB15.000000000000$0$11,667
EQUIPMENT2020-04-06$2,720200DB5.000000000000$2,720$0
EQUIPMENT2020-11-02$3,547200DB5.000000000000$3,547$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockUBS FINANCIALStockNm
EOY Book Value$23,499,201EOYBookValueAmt
EOYFMV$38,607,465EOYFMVAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (9 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
COLORADO PROPERTY$8,314,433$818,846$7,495,587
COLORADO PROPERTY II$1,314,000$91,250$1,222,750
COLORADO PROPERTY- LAND$1,845,842$0$1,845,842
ARIZONA PROPERTY- LAND$4,360,804$0$4,360,804
ARIZONA PROPERTY II- LAND$10,791,429$0$10,791,429
IOWA PROPERTY- LAND$35,590,742$0$35,590,742
IOWA PROPERTY$12,700$7,146$5,554
IOWA PROPERTY II- HEATHER RIDGE CONDO$400,000$17,521$382,479
BILLBOARDS$175,000$175,000$0

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
BESSENER TRUSTAT COST$48,114,326$60,011,045
SAC MUTUAL TELEPHONE COMPANYAT COST$75,000$75,000

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (11 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
CAMPUS BUILDING$292,859$19,085$273,774
CAMPUS BUILDING IMPROVEMENTS$10,620$669$9,951
CAMPUS BUILDING IMPROVEMENTS$7,000$410$6,590
CAMPUS BUILDING IMPROVEMENTS$27,470$1,437$26,033
CAMPUS LAND$10,000$0$10,000
CAMPUS BUILDING IMPROVEMENTS$19,671$987$18,684
CAMPUS BUILDING IMPROVEMENTS$8,692$381$8,311
EQUIPMENT$10,065$10,065$0
EQUIPMENT$30,225$30,225$0
EQUIPMENT$2,720$2,720$0
EQUIPMENT$3,547$3,547$0

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$28,778LegalFeesAmt
Net Investment Income$6,737NetInvestmentIncomeAmt
Disbursements Charitable Prps$22,041DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
NOTES RECEIVABLE$1,710,974$1,561,312$1,561,312
MISCELLANEOUS ASSETS$3,551$360$360

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE SUPPLIES$25,414$0$4,730
OTHER EXPENSES$3,084$0$7,680
OFFICE SUPPLIES- RENTAL$9,148$9,148$0
OTHER EXPENSES- RENTAL$7,449$7,449$0
CHEMICALS/FERTILIZERS- RENTAL$4,643$4,643$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescREALIZED GAIN ON PROPERTY DONATEDDesc
Amt$1,007,930Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescMISCELLANEOUS LIABILITIESDesc
BOY Book Value$5,000BOYBookValueAmt
EOY Book Value$2,484EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER PROFESSIONAL FEES$88,896$0$72,935
INVESTMENT MANAGEMENT FEES$107,436$107,436$0
TECHNOLOGY FEES$1,141$0$0
COMMISSIONS- RENTAL$13,630$13,630$0
MANAGEMENT FEE- RENTAL$28,051$28,051$0
OTHER PROFESSIONAL- RENTAL$13,646$13,646$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL$31,017$0$28,282
FOREIGN$20,951$20,951$0
FEDERAL TAX$126,260$0$0

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