OWENS FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- OWENS FAMILY CHARITABLE FOUNDATION (EIN 46-4183686)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-26
- IRS object ID
- 202112999349101006
- 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
- Form 990-PF
- Compensation Explanation
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-26T10:36:49-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | 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 | 2021-10-13 | 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 |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $9,106,363 | 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 | $423 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $424 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $132,449 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $132,449 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $57,269 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,521,114 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $56,978 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $97,473 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $94,630 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $287,614 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $284,481 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $23,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $23,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $59,471 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $59,471 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,128 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $614 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $614 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $48,700 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,672 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $30,940 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $133,413 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $76,143 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $55,054 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $359,659 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $359,659 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $493,072 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $76,143 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $414,713 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$205,458 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $208,338 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $218,081 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $126,849 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $126,849 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,225,905 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,117,158 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,636,214 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,277,375 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,271,896 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,343,300 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,721,361 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,515,903 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,106,363 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $8,721,361 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,515,903 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,721,361 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,515,903 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,721,361 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,515,903 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,721,361 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$205,458 | ExcessRevenueOverExpensesAmt |
| Subtotal | $8,515,903 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,515,903 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $1,521,114 | $1,465,548 | $55,566 | $55,566 |
| Passthrough K1 Capital Gain/(Loss) | $1,412 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $56,978 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,896 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,896 | SubtotalAmt |
| Tax Based On Investment Income | $2,896 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,651 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $3,651 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $755 | OverpaymentAmt |
| Applied To ES Tax | $755 | 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, VP* | 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 | $5,500 | $0 | $0 |
| John S Shenk MD | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $4,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,683,829 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $127,276 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,342,738 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,153,843 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,153,843 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $122,308 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,031,535 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $401,577 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $401,577 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,896 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,896 | TotalTaxAmt |
| Distributable Before Adj | $398,681 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $398,681 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $398,681 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $414,713 | 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 | $414,713 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $414,713 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $398,681 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $413,038 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $414,713 | QualifyingDistributionsAmt |
| Applied To Year1 | $413,038 | AppliedToYear1Amt |
| Applied To Current Year | $1,675 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $397,006 | 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 (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN ASSOCIATION OF UNIVERSITY WOMEN INC | |||||||
| 1310 L ST NW STE 1000 | WASHINGTON | DC | 20005 | N/A | PC | Charitable Event | $2,000 |
| ANGEL FUND INC | |||||||
| PO BOX 114 | HIBBING | MN | 55746 | N/A | PC | Charitable Event | $1,000 |
| BLESSED SACRAMENT CHURCH | |||||||
| 2310 7TH AVE EAST | HIBBING | MN | 55746 | N/A | PC | Assumption Hall School toward expenses for the school year including COVID related protocol | $10,000 |
| CENTRAL MESABI MEDICAL FOUNDATION | |||||||
| 750 E 34TH ST | HIBBING | MN | 55746 | N/A | PC | To support the Kids Kare Fund and their fund raising difficulties due to COVID-19 | $1,500 |
| CHISHOLM KIDS PLUS | |||||||
| 301 4TH ST SW | CHISHOLM | MN | 55719 | N/A | PC | Charitable Event | $1,000 |
| CHISHOLM PUBLIC SCHOOL DISTRICT | |||||||
| 300 SW 3RD AVE | CHISHOLM | MN | 55719 | N/A | GOV | Scoreboard | $7,500 |
| CHISHOLM VETERANS MEMORIAL ASSOCIATION INC | |||||||
| 8001 HWY 73 | ANGORA | MN | 55703 | N/A | PC | General & Unrestricted | $2,000 |
| CHISHOLM VETERANS MEMORIAL ASSOCIATION INC | |||||||
| 8001 HWY 73 | ANGORA | MN | 55703 | N/A | PC | In support of Chisholm Fountain | $9,000 |
| CHISHOLM YOUTH CENTER | |||||||
| 316 WEST LAKE ST | CHISHOLM | MN | 55719 | N/A | PC | General & Unrestricted | $500 |
| CITY OF HIBBING | |||||||
| 401 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Memorial Building locker room renovation | $5,000 |
| CITY OF HIBBING | |||||||
| 401 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Memorial Building Master Plan match | $7,500 |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| PO BOX 24 | VIRGINIA | MN | 55792 | N/A | PC | General & Unrestricted | $10,000 |
| HIBBING AREA GIRLS HOCKEY BOOSTERS INC | |||||||
| PO BOX 101 | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $1,000 |
| HIBBING COLLEGE FOUNDATION | |||||||
| 1515 E 25TH ST | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $10,000 |
| HIBBING HIGH | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Charitable Event | $500 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | stem program and conservator fund | $76,411 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Math & Science Awards and Trades Awards | $14,500 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | STEM based lesson plans for K-2 | $10,000 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | General & Unrestricted | $10,000 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | refurbishment of Cheever Field and Track | $95,000 |
| HIBBING PUBLIC SCHOOL DISTRICT | |||||||
| 800 E 21ST ST | HIBBING | MN | 55746 | N/A | GOV | Community Holiday Teacher Project | $7,948 |
| MESABA COUNTRY CLUB YOUTH GOLF ASSOCIATION INC | |||||||
| 415 E 51ST ST | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $15,000 |
| MINNESOTA DIVERSIFIED INDUSTRIES INC | |||||||
| 3501 BROADWAY ST NE | MINNEAPOLIS | MN | 55413 | N/A | SO II | general support of the Hibbing facility | $5,000 |
| NORTHEAST ITASCA RESCUE | |||||||
| PO BOX 34 | SIDE LAKE | MN | 55781 | N/A | PC | General & Unrestricted | $600 |
| OUR SAVIORS LUTHERAN CHURCH | |||||||
| 501 E 23RD ST | HIBBING | MN | 55746 | N/A | PC | Quilters Group: knitting for charitable organizations | $500 |
| PROJECT CARE FREE CLINIC | |||||||
| 1200 E 25TH ST STE 103 | HIBBING | MN | 55746 | N/A | PC | General & Unrestricted | $10,000 |
| RANGE REGIONAL HEALTH SERVICES | |||||||
| 750 E 34TH ST | HIBBING | MN | 55746 | N/A | PC | COVID-19 related for Face Masks and Shields | $10,000 |
| RANGE REGIONAL HEALTH SERVICES | |||||||
| 750 E 34TH ST | HIBBING | MN | 55746 | N/A | PC | to Purchase a defibrillator for a 2nd ICU/PUI for covid-19 related cases | $7,500 |
| SAINT PAUL & MINNESOTA FOUNDATION | |||||||
| 101 5TH ST E STE 2400 | SAINT PAUL | MN | 55101 | N/A | PC | For the benefit of the Hibbing Foundation | $2,500 |
| SAINT PAUL & MINNESOTA FOUNDATION | |||||||
| 101 5TH ST E STE 2400 | SAINT PAUL | MN | 55101 | N/A | PC | Hibbing Foundation - COVID-19 Emergency Fund | $3,000 |
| ST LUKES FOUNDATION | |||||||
| 1000 E 1ST ST STE 102 | DULUTH | MN | 55805 | N/A | SO I | Personal Protective Equipment in the Battle Against covid-19 | $5,000 |
| THE SALVATION ARMY | |||||||
| 107 W HOWARD ST | HIBBING | MN | 55746 | N/A | PC | Air conditioner in food service area | $4,200 |
| THE SALVATION ARMY | |||||||
| 107 W HOWARD ST | HIBBING | MN | 55746 | N/A | PC | Support the Salvation Army Christmas Assistance Programs for childhood basic needs | $5,000 |
| THE SALVATION ARMY | |||||||
| 107 W HOWARD ST | HIBBING | MN | 55746 | N/A | PC | for the benefit of the Food Shelf | $2,000 |
| TOURIST CENTER SENIOR CITIZENS INC | |||||||
| 1202 E HOWARD ST | HIBBING | MN | 55746 | N/A | PC | Matching funds for interior work | $7,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $359,659 | 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 | $423 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $132,449 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $291 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $56,978 | 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 | $2,843 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $94,630 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,134 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $284,480 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $287,614 | 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 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael P Heck | PersonNm |
| Short Explanation | *removed from position in 2020 | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I LINE 6A | IdentifierTxt |
| Form And Line Reference | 990-Pf PART I LINE 6A | FormAndLineReferenceDesc |
| Medium Explanation | PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $56,978 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $291 TOTAL PART I, LINE 6A: $57,269 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $1,521,114 BOOK BASIS: NET GAIN/(LOSS): $55,566 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $1,412 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (22 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BOSTON PARTNERS SM CAP VALUE I | $318,296 | $383,445 |
| BRADDOCK MULTI-STRAT INCOME CL | $944,307 | $798,282 |
| CENTERSTONE INTERNATIONAL MUTU | $363,682 | $346,835 |
| DEER PARK TOTAL RETURN CREDIT | $185,571 | $210,835 |
| HARTFORD CORE EQUITY CL I | $388,032 | $451,327 |
| HOTCHKIS AND WILEY VALUE OPP C | $523,595 | $575,127 |
| JPMORGAN US QUALITY FACTOR ETF | $382,051 | $444,050 |
| KOPERNIK GLOBAL ALL CAP FUND C | $432,511 | $547,395 |
| LOCORR MANAGED FUTURES STRATEG | $298,466 | $306,432 |
| NUANCE CONCENTRATED VAL LG SHT | $324,819 | $321,825 |
| OAKMARK GLOBAL SELECT ADVISOR | $510,522 | $582,175 |
| RBC EMERGING MARKETS EQUITY I | $172,618 | $203,064 |
| RMB MENDON FINANCIAL SERVICES | $277,633 | $297,537 |
| ROBO GLOBAL HEALTHCARE TECH. A | $81,881 | $93,561 |
| ROBO GLOBAL ROBOTICS AND AUTOM | $51,394 | $83,775 |
| SANDS CAPITAL GLOBAL GROWTH IN | $155,134 | $251,988 |
| TORTOISE MLP AND PIPELINE FUND | $554,615 | $365,548 |
| TORTOISE PIPELINE & ENERGY FD | $17,323 | $20,837 |
| VICTORY GLOBAL NATURAL RESOURC | $250,653 | $185,980 |
| WCM ALTERNATIVES EVENT-DRIVEN | $338,179 | $347,049 |
| WCM FOCUSED INTL GROWTH FUNDS | $193,959 | $320,807 |
| WILLIAM BLAIR EMERGING MARKETS | $351,917 | $498,340 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| KEYSTONE PRIVATE MARKET OPPORT | $7,508 | $54,694 |
| KEYSTONE PRIVATE MARKET OPPORT | $499,056 | $518,666 |
| KEYSTONE REAL ESTATE LENDING F | $510,089 | $500,000 |
| PRINCETON PRIVATE INVESTMENTS | $255,243 | $269,940 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $29,697 | $29,697 | |
| Bank Charges | $435 | $435 | |
| Indemnification Insurance | $1,218 | $1,218 | |
| K-1 Exp KEYSTONE PRIVATE MARKE | $5,170 | $4,082 | |
| K-1 Exp KEYSTONE PRIVATE MARKE | $12,131 | $12,131 | |
| K-1 Exp KEYSTONE REAL ESTATE L | $24 | $24 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss KEYSTONE PRIVATE MARKET OPPORTUNITIES | -$1,584 | $1,724 |
| K-1 Inc/Loss KEYSTONE PRIVATE MARKET OPPORTUNITIES | $62,332 | $56,181 |
| K-1 Inc/Loss KEYSTONE REAL ESTATE LENDING FUND LP | $36,725 | $36,725 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $59,471 | Amt |
| Net Investment Income | $59,471 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $800 |
| 990-PF Extension for 2019 | $328 |
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