DANIEL J AND AMY S WILLIS CHARITABLE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DANIEL J AND AMY S WILLIS CHARITABLE FOUNDATION (EIN 81-6937849)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-17
- IRS object ID
- 202103219349100620
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-17T16:30:35-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 575 Market Street Suite 3300 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941055829 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 816937849 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daniel J and Amy S Willis Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DANI | BusinessNameControlTxt |
| Phone | 6023124496 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5510 N KENWOOD AVE | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46208 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL J WILLIS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Signature | 2021-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DANIEL J | PersonFirstNm |
| Person Last | WILLIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DIANE BROWN | PreparerPersonNm |
| PTIN | P01578407 | PTIN |
| Phone | 4155761100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $13,158,299 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $192,454 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $192,454 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $357,625 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,790,842 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $357,625 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$311,713 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$126,646 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $238,366 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $423,433 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,952 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $952 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,928 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,928 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $84,506 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $84,506 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $101,386 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $89,386 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $269,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $269,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $370,386 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $89,386 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $269,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$132,020 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $334,047 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,841,405 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,665,950 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,665,950 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $1,086,939 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $987,302 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,062,888 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,846,545 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,843,325 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,469,511 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $3,786,366 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,094,473 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,959,950 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,561,255 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,591,050 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,158,299 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $13,500,044 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,500,044 | CapitalStockEOYAmt |
| Retained Earning BOY | -$801,224 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$908,994 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,698,820 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,591,050 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,698,820 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,591,050 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,698,820 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$132,020 | ExcessRevenueOverExpensesAmt |
| Other Increases | $27,983 | OtherIncreasesAmt |
| Subtotal | $12,594,783 | SubtotalAmt |
| Other Decreases | $3,733 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,591,050 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|---|
| Capital gain distribution - Arctrust | P | 2020-01-01 | 2020-12-31 | $7,019 | $7,019 | $0 | $7,019 | |
| Capital gain distribution - Ameritrade | P | 2020-01-01 | 2020-12-31 | $326 | $326 | $0 | $326 | |
| Publicly Traded Securities | $9,783,497 | $363,453 | $0 | $363,453 | $9,420,044 | |||
| Regulated future contracts | P | 2020-01-01 | 2020-12-31 | -$13,173 | $0 | -$13,173 | $13,173 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $357,625 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,643 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,643 | SubtotalAmt |
| Tax Based On Investment Income | $4,643 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,981 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $14,981 | TotalPaymentsAndCreditsAmt |
| Overpayment | $10,338 | OverpaymentAmt |
| Applied To ES Tax | $10,338 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | IN | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DANIEL J WILLIS | IndividualWithBooksNm |
| Phone | 6023124496 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5510 N KENWOOD AVE | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46208 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| Daniel J Willis | ||||||||
| 5510 N KENWOOD AVE | INDIANAPOLIS | IN | 46208 | Trustee | 1.000 | $0 | $0 | $0 |
| Amy S Willis | ||||||||
| 5510 N KENWOOD AVE | INDIANAPOLIS | IN | 46208 | Trustee | 1.000 | $0 | $0 | $0 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,324,836 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,769,243 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,959,950 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,054,029 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $12,054,029 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $180,810 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,873,219 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $593,661 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $593,661 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,643 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,643 | TotalTaxAmt |
| Distributable Before Adj | $589,018 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $589,018 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $589,018 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $269,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $269,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $269,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $589,018 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $68,344 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $246,549 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $268,976 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $583,869 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $269,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $269,000 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $320,018 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $320,018 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $263,851 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $263,851 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $263,851 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Daniel J Willis Trustee | ContributingManagerNm |
| Contributing Manager | Amy S Willis Trustee | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| The Indianapolis Colts Foundation Inc | |||||||
| 7001 West 56th St | Indianapolis | IN | 46254 | None | PC | To support general operations | $10,000 |
| International School of Indiana | |||||||
| 4330 N Michigan Rd | Indianapolis | IN | 46208 | NONE | PC | To support general operations | $82,500 |
| Indianapolis Symphony Orchestra | |||||||
| 32 E Washington St Suite 600 | Indianapolis | IN | 46204 | None | PC | To support general operations | $11,000 |
| Adoptions of Indiana | |||||||
| 1980 E 116th Street Suite 325 | Carmel | IN | 46032 | None | PC | To support general operations | $10,000 |
| EdChoice | |||||||
| 111 Monument Circle Suite 2650 | Indianapolis | IN | 46204 | None | PC | To support general operations | $5,000 |
| Indianapolis Zoological Society | |||||||
| 1200 W Washington St | Indianapolis | IN | 46222 | None | PC | To support general operations | $125,000 |
| Arizona Council on Economic Education | |||||||
| 16421 N Tatum Blvd | Phoenix | AZ | 85251 | None | PC | To support general operations | $2,500 |
| Face low Cost Animal Clinic | |||||||
| 1505 Massachusetts Ave | Indianapolis | IN | 46201 | None | PC | To support general operations | $5,000 |
| Indianapolis Art Center Inc | |||||||
| 820 East 67th St | Indianapolis | IN | 46220 | None | PC | To support general operations | $3,000 |
| Mobile Music Institute fka Charity4Charities | |||||||
| 11140 Depew Court | Westminster | CO | 80020 | None | PC | To support general operations | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $269,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $192,454 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $357,625 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Pass-through entities | Desc |
| Business | 900003 | BusinessCd |
| Unrelated Business Taxbl Incm | -$185,067 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$126,646 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$185,067 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $423,433 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $238,366 | 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
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Passthrough entities | PropertyDesc |
| Current Year Expense | $3,928 | CurrentYearExpenseAmt |
| Net Investment Income | $3,928 | NetInvestmentIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Comm serve select (XLC) | $39,118 | $41,163 |
| Finl Select Sector (XLF) | $92,582 | $102,767 |
| ISHARES COre S&P 500 ETF (IVV) | $635,851 | $807,089 |
| ISHARES CORE US Aggregate (AGG) | $415,039 | $433,994 |
| Materials Select Sector SPD (XLB) | $15,228 | $17,012 |
| Schwab US Aggregate Bond ET (SCHZ) | $415,523 | $433,280 |
| Sector SPDR Tr SHS Ben Int (XLV) | $29,297 | $41,320 |
| Sector SPDR Tr SHS Ben Int (XLY) | $60,371 | $66,855 |
| Select Sector SPDR Trust EN (XLE) | $7,800 | $8,262 |
| SPDR Bloomberg Barclays 1-3 (BIL) | $542,510 | $542,439 |
| SPDR S&P 500 ETF TR (SPY) | $626,770 | $798,234 |
| Utilities Select Sector SPD (XLU) | $15,665 | $15,424 |
| Vanguard S&P 500 ETF (VOO) | $947,571 | $1,161,672 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (35 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SPY Mar 19 2021 325.0 Put - OPTIONS CALL | $61,041 | $25,900 |
| AGNICO EAGLE MINES LTD (AEM) | $11,653 | $12,762 |
| ALLSTATE CORP 5.1% PFD SERI (ALL-H) | $69,355 | $79,993 |
| AXON ENTERPRISE INC (AAXN) | $25,472 | $25,119 |
| BANK OF AMERICA CORP 5% SER (BAC-N) | $69,847 | $79,548 |
| BARRICK GOLD CORP (GOLD) | $11,666 | $11,549 |
| BHP GROUP LTD SP ADR (BHP) | $4,859 | $8,037 |
| BRINKS COMPANY (THE) (BCO) | $22,685 | $25,560 |
| CREE INC (CREE) | $25,140 | $29,334 |
| DARLING INGREDIENTS (DAR) | $22,678 | $30,051 |
| DECKERS OUTDOOR CORP (DECK) | $25,171 | $24,950 |
| DHT HOLDINGS INC (DHT) | $7,147 | $6,935 |
| DORIAN LPG LIMITED (LPG) | $5,109 | $8,070 |
| EURONAV (EURN) | $7,518 | $6,776 |
| EVERCORE INC A (EVR) | $22,300 | $30,370 |
| FIRST MAJESTIC SILVER CORP (AG) | $11,679 | $15,147 |
| HALOZYME THERAPEUTICS, INC. (HALO) | $25,179 | $26,566 |
| HANCOCK WHITNEY CORPORATION (HWC) | $22,783 | $28,101 |
| HARLEY DAVIDSON INC (HOG) | $25,178 | $23,451 |
| JANUS HENDERSON GROUP PLC (JHG) | $25,202 | $24,935 |
| JPMORGAN CHASE & CO (JPM-H) | $76,649 | $77,864 |
| MILLER HERMAN INC (MLHR) | $25,212 | $22,207 |
| NCR CORP (NCR) | $25,182 | $28,365 |
| NEWMONT CORPORATION (NEM) | $11,649 | $12,038 |
| PINNACLE FINL PARTNERS (PNFP) | $25,203 | $26,984 |
| RYDER SYSTEM INC (R) | $22,695 | $25,075 |
| SCORPIO TANKERS INC (STNG) | $7,599 | $6,546 |
| SLM CORP (SLM) | $22,761 | $26,069 |
| SYNOVUS FINANCIAL (SNV) | $22,744 | $24,019 |
| TEEKAY TANKERS LTD CL A (TNK) | $8,338 | $6,650 |
| TEREX CORP (TEX) | $22,806 | $26,133 |
| US STEEL CORP (X) | $16,089 | $24,618 |
| VALERO ENERGY CORP (VLO) | $150,285 | $182,438 |
| VISTEON CORPORATION (VC) | $22,675 | $24,853 |
| YELP INC (YELP) | $25,753 | $25,875 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ATHENE BCA ANNUITY | AT COST | $2,025,000 | $1,890,477 |
| GPB Holdings II | AT COST | $361,897 | $361,897 |
| PEACHTREE HOTEL VALUE & INCOME FUND, LP | AT COST | $84,079 | $84,079 |
| ARCTRUST | AT COST | $262,581 | $262,581 |
| ARMADA WASTE MANAGEMENT LP | AT COST | $99,202 | $99,202 |
| MILL GREEN OPPORTUNITY FUND IV, LLC | AT COST | $127,542 | $127,542 |
| WAVELAND ENERGY RESOURCE PARTNERS IV, LP | AT COST | $168,917 | $168,917 |
| Priority Income Fund | AT COST | $285,715 | $285,715 |
| Waveland Resource Partner V | AT COST | $184,956 | $184,956 |
| Peachtree Distressed Opp Fund | AT COST | $200,000 | $200,000 |
| Vet24Seven | AT COST | $100,000 | $100,000 |
| Sealy Industrial Partners LP | AT COST | $194,584 | $194,584 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Dividends in transit | $3,373 |
| Foreign tax paid | $40 |
| Nondeductible expenses | $320 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Ameritrade - management fees | Desc |
| Revenue And Expenses Per Books | $84,506 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $84,506 | NetInvestmentIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passive Investment Income | Desc |
| Revenue And Expenses Per Books | -$311,713 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$126,646 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (5 entries)
| DescDesc | AmtAmt |
|---|---|
| '19 adjustment reversal | $9,574 |
| Cost basis adjustment | $11,888 |
| Priority Income | $713 |
| Arctrust | $2,649 |
| Misc | $3,159 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SILVERLEAF OFFICE PARTNERS I LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | none | InsiderRelationshipTxt |
| Loan Original | $1,400,000 | LoanOriginalAmt |
| Balance Due | $0 | BalanceDueAmt |
| Note | 2016-12 | NoteDt |
| Loan Maturity | 2027-01 | LoanMaturityDt |
| Repayment Terms | 10 years | RepaymentTermsTxt |
| Interest | 7.0 | InterestRt |
| Security Provided Borrower | First deed of trust and Assignment of rents | SecurityProvidedBorrowerTxt |
| Consideration FMV | $0 | ConsiderationFMVAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Foreign taxes paid | $952 | $952 |
| Excise tax | $12,000 |
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