BETA

CARR FAM FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CARR FAM FOUNDATION (EIN 32-6182936)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-02
IRS object ID
202113069349100706
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-02T09:19:27-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410978542PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOFFMAN & BROBST PLLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 548AddressLine1Txt
CityMARSHALLCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56258ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN326182936EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CARR FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCARRBusinessNameControlTxt
Phone5075322291PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1215AddressLine1Txt
CityMARSHALLCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56258ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES CARRPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone5075322291PhoneNum
Signature2021-10-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMESPersonFirstNm
Person LastCARRPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARRY EVENSTAD CPAPreparerPersonNm
PTINP00121807PTIN
Phone5075325735PhoneNum
Preparation2021-10-26PreparationDt
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$4,032,351FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$45InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$45InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$73,167DividendsRevAndExpnssAmt
Dividends Net Invst Incm$73,167DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$35,532NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$35,532GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$35,532CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$108,744TotalRevAndExpnssAmt
Total Net Invst Incm$108,744TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$640AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$36OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$36OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,299TaxesRevAndExpnssAmt
Taxes Net Invst Incm$2,274TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,975TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,310TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$182,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$182,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$185,475TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,310TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$182,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$76,731ExcessRevenueOverExpensesAmt
Net Investment Income$106,434NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$376,875CashBOYAmt
Cash EOY$215,546CashEOYAmt
Cash EOYFMV$215,546CashEOYFMVAmt
Corporate Stock BOY$1,914,772CorporateStockBOYAmt
Corporate Stock EOY$1,958,560CorporateStockEOYAmt
Corporate Stock EOYFMV$2,708,009CorporateStockEOYFMVAmt
Other Investments BOY$732,213OtherInvestmentsBOYAmt
Other Investments EOY$773,023OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,108,796OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,023,860TotalAssetsBOYAmt
Total Assets EOY$2,947,129TotalAssetsEOYAmt
Total Assets EOYFMV$4,032,351TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,023,860NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,947,129NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,023,860TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,947,129TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,023,860TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,947,129TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,023,860TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$76,731ExcessRevenueOverExpensesAmt
Subtotal$2,947,129SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,947,129TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$35,532CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,479InvestmentIncomeExciseTaxAmt
Subtotal$1,479SubtotalAmt
Tax Based On Investment Income$1,479TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,360EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,360TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$6EsPenaltyAmt
Overpayment$875OverpaymentAmt
Applied To ES Tax$875AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1KATHY BARTZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5075322291PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1HIGHWAY 59 NORTHAddressLine1Txt
CityMARSHALLCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56258ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES CARR
PO BOX 1215MARSHALLMN56258TRUSTEE1.00$0$0$0
PHYLLIS V CARR
PO BOX 409MARSHALLMN56258TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,245,409AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$367,040AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,612,449TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,612,449AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$54,187CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,558,262NetVlNoncharitableAssetsAmt
Minimum Investment Return$177,913MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$177,913MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,479TaxBasedOnInvestmentIncomeAmt
Total Tax$1,479TotalTaxAmt
Distributable Before Adj$176,434DistributableBeforeAdjAmt
Distributable Before Ded$176,434DistributableBeforeDedAmt
Distributable As Adjusted$176,434DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$182,500ExpensesAndContributionsAmt
Qualifying Distributions$182,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$182,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$176,434DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,090,800ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$28,029ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$4,807ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,123,636TotalExcessDistributionCyovAmt
Qualifying Distributions$182,500QualifyingDistributionsAmt
Applied To Current Year$176,434AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,066RemainingDistriFromCorpusAmt
Total Corpus$1,129,702TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,090,800ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$38,902ExcessDistriCyovToNextYrAmt
Excess From Year4$28,029ExcessFromYear4Amt
Excess From Year1$4,807ExcessFromYear1Amt
Excess From Current Year$6,066ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
BOY SCOUTS OF AMERICA SIOUX COUNCIL
800 NW AVESIOUX FALLSSD57104NONE501-C3GENERAL OPERATIONS$250
COATS FOR KIDS
1400 S SARATOGA STREETMARSHALLMN56258NONE501 C-3DISTRIBUTE COATS TO NEEDY$1,000
HEART TO HEART
PO BOX 709MARSHALLMN56258NONE501-C 3CHARITABLE ACTIVITIES$1,000
HOLY REDEEMER SCHOOL
503 W LYON STREETMARSHALLMN56258NONE501-C(3)GENERAL OPERATIONS$10,000
HOPE HARBOR
PO BOX 26MARSHALLMN56258NONE501-C3CHARITABLE PURPOSE$10,250
HOPE HARBOR PARKER SD
101 E SOUTH STREETPARKERSD57053NONE501-C3CHARITABLE PURPOSE$10,000
KITCHEN TABLE FOOD SHELF OF MARSHAL
1400 S SARATOGA STREETMARSHALLMN56258NONE501-C 3FOOD FOR THE NEEDY$5,000
MARSHALL AREA YMCA
200 SOUTH A STREETMARSHALLMN56258NONE501 C 3GENERAL OPERATIONS$2,000
MARSHALL CRIME FUND
611 W MAIN STREETMARSHALLMN56258NONE501-C3CHARITABLE PURPOSE$4,500
MARSHALL FOOD 4 KIDS
800 SOUTHVIEW CT EASTMARSHALLMN56258NONE501-C3CHARITABLE PURPOSE$15,000
MARSHALL SPEECH BOOSTERS
400 TIGER DRIVEMARSHALLMN56258NONE501 C 3GENERAL OPERATIONS$5,000
MAYO CLINIC
200 FIRST ST SWROCHESTERMN55905NONE501-C3RESEARCH$500
MINNESOTA WEST FOUNDATION
1593 11TH AVENUEGRANITE FALLSMN56241NONE501 C 3SCHOLARSHIPS$10,000
NW COLLEGE CHRISTIAN RADIO
PO BOX 130517ST PAULMN55113NONE501-C3CHARITABLE ACTIVITY$1,000
PRAIRIE HOME HOSPICE
408 E MAIN STMARSHALLMN56258NONE501-C3CHARITABLE PURPOSE$2,000
PRIDE IN THE TIGER FOUNDATION
400 TIGER DRIVEMARSHALLMN56258NONE501-(C)3PROVIDE 8 SCHOLARSHIPS TO STUDENTS$40,000
SMSU FOUNDATION
FOUNDERS HALLMARSHALLMN56258NONE501 C 3SCHOLARSHIPS$30,000SW STATE UNIVERSITY
SOUTHWEST INITIATIVE FOUNDATION
15 3RD AVE NWHUTCHINSONMN55350NONE501-C3GENERAL ENDOWMENT$2,000
SUNDAY TV MASS
523 N DULUTH AVESIOUX FALLSSD57104NONE501-C3CHARITABLE ACTIVITY$500
SW MN FELLOWSHIP OF CHRISTIAN ATHLE
1208 HORIZON DRIVEMARSHALLMN56258NONE501 C 3GENERAL OPERATIONS$2,000
TRUE LIGHT CHRISTIAN SCHOOL
601 E COLLEGE DRIVEMARSHALLMN56258NONE501-C3TUITION ASSISTENCE$10,000
UNITED WAY
PO BOX 41MARSHALLMN56258NONE501-C3CHARITABLE OPERATIONS$20,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$182,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$45RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$73,167RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$35,532RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$108,744RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$108,744TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$640Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCHARLES SCHWAB ACCOUNTStockNm
EOY Book Value$1,958,560EOYBookValueAmt
EOYFMV$2,708,009EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
MAINSTAYMUTUAL FUNDSAT COST$170,208$193,376
EDWARD JONESAT COST$602,815$915,420

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$36Amt
Net Investment Income$36NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
IRS$2,274$2,274
MN FILING FEE$25

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