ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION (EIN 71-0888051)
- Tax period
- 2019-11-01 to 2020-10-31
- Filed
- 2021-03-08
- IRS object ID
- 202120679349100417
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-08T16:05:47-06:00 | ReturnTs |
| Tax Period End | 2020-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710355269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANDMARK PLC CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 EAST MARKHAM SUITE 500 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710888051 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDAT | BusinessNameLine1Txt |
| Business Name Line2 | ION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARKA | BusinessNameControlTxt |
| Phone | 5012244400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10720 KANIS ROAD | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL SOLOMON | PersonNm |
| Person Title | VP FINANCE AND OPERATIONS | PersonTitleTxt |
| Phone | 5012244400 | PhoneNum |
| Signature | 2021-03-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHERRY CHESSER CPA | PreparerPersonNm |
| PTIN | P00174819 | PTIN |
| Phone | 5013752025 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $984,835 | 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 | $25 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $35,596 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $35,596 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$459 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $312,972 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $373 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $35,162 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $35,969 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $2,781 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,781 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $656 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,437 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,781 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $37,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $37,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $40,937 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,781 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $37,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,775 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $33,188 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $49,212 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $76,451 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $76,451 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5,110 | AcctRcvblAmt |
| Acct Rcvbl BOY | $5,682 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5,110 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,110 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $186,673 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $186,673 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $923,252 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $716,601 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $716,601 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $978,146 | TotalAssetsBOYAmt |
| Total Assets EOY | $984,835 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $984,835 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $326 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $16 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $326 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $73,372 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $80,346 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $904,448 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $904,473 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $977,820 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $984,819 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $978,146 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $984,835 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $977,820 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,775 | ExcessRevenueOverExpensesAmt |
| Other Increases | $12,774 | OtherIncreasesAmt |
| Subtotal | $984,819 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $984,819 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| CITIGROUP GLOBAL MKT HLDG | P | 2019-04-29 | 2020-03-20 | $224,000 | $222,880 | $1,120 | $1,120 |
| BANK OF AMERICA | P | 2010-08-09 | 2020-08-17 | $20,000 | $20,005 | -$5 | -$5 |
| BANK OF AMERICA | P | 2016-10-19 | 2020-09-28 | $40,000 | $39,994 | $6 | $6 |
| AT&T (T) | P | 2020-04-23 | 2020-09-01 | $5,876 | $5,944 | -$68 | -$68 |
| AT&T (T) | P | 2020-04-23 | 2020-09-22 | $23,096 | $23,776 | -$680 | -$680 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $373 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $36,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $819,509 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.043929 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $29,755 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $581,150 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051200 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $23,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $525,637 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.043756 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $16,500 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $362,108 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045567 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $14,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $374,290 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.037404 | DistributionYr5Rt |
| Total Distribution | 0.221856 | TotalDistributionRt |
| Average Distribution | 0.044371 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $978,485 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $43,416 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $332 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $43,748 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $37,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $664 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $664 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $664 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $640 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $640 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $24 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AR | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MICHAEL SOLOMON | IndividualWithBooksNm |
| Phone | 5012244400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 31 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| RICH HILLMAN | ||||||||
| 2129 WEST COUNTY ROAD 442 | MANILA | AR | 72442 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| MIKE FREEZE | ||||||||
| 22 CIRCLE DRIVE | CARLISLE | AR | 72024 | VICE-PRESIDENT | 0.50 | $0 | $0 | $0 |
| DAN WRIGHT | ||||||||
| 5116 WOODSPRINGS RD | JONESBORO | AR | 72404 | SECRETARY/TREASURER | 0.50 | $0 | $0 | $0 |
| WARREN CARTER | ||||||||
| PO BOX 31 | LITTLE ROCK | AR | 72203 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | TO ESTABLISH AND MAINTAIN A COLLEGE SCHOLARSHIP FUND TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS PURSUING STUDIES IN AGRICULTURE AS AN UNDERGRADUATE OR GRADUATE STUDENT AT A COLLEGE, UNIVERSITY, OR OTHER QUALIFYING EDUCATIONAL INSTITUTION. | Description1Txt |
| Expenses1 | $37,500 | Expenses1Amt |
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 | $920,613 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $72,773 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $993,386 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $993,386 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,901 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $978,485 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $48,924 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $48,924 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $664 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $664 | TotalTaxAmt |
| Distributable Before Adj | $48,260 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $48,260 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $48,260 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $37,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $37,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $37,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $48,260 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $11,715 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $37,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $11,715 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $25,785 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $22,475 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHUCK TUCKER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 31 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5012281246 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE SUBMITTED ON THE ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION APPLICATION FOR SCHOLARSHIP FORM. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | JUNE 1 | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE SCHOLARSHIP IS OPEN TO JUNIORS AND SENIORS WITH A MINIMUM OF TWO FULL SEMESTERS REQUIRED FOR COMPLETION OF THEIR DEGREE. THE APPLICANT MUST BE AN ARKANSAS RESIDENT, AND PLANNING A CAREER IN OR RELATED TO THE AGRICULTURAL INDUSTRY. SELECTION IS BASED UPON ACADEMIC ACHIEVEMENT, CHARACTER, CAREER PLANS, FINANCIAL NEED AND LEADERSHIP POTENTIAL APPLICANTS. THE APPLICANT MUST BE A CHILD OR GRANDCHILD OF FARM BUREAU A MEMBER, AND MAINTAIN A SPECIFIED GPA TO RECEIVE THE SCHOLARSHIP. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUSTIN TUCKER CO ARKANSAS STATE UNI | |||||||
| 2105 AGGIE ROAD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $1,500 |
| SARA GARDNER CO UNIVERSITY OF ARKAN | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| KACEY WILLIAMS CO ARKANSAS TECH UNI | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $1,500 |
| BLAINE HUDDLESTON CO ARKANSAS STATE | |||||||
| 2105 AGGIE ROAD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $1,500 |
| BODIE COTTER CO UNIVERSITY OF ARKAN | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| BRITTANY BECK CO UNIVERSITY OF ARKA | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| CHANDLER KNOWLES CO UNIVERSITY OF A | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| HUNTER MCHAM CO ARKANSAS TECH UNIVE | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $1,500 |
| BENJAMIN SWEARS CO UNIVERSITY OF AR | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72058 | NONE | I | SCHOLARSHIP | $1,500 |
| CASEY ARNOLD CO ARKANSAS STATE UNIV | |||||||
| 2105 AGGIE ROAD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $1,500 |
| JESSICA WESSON CO UNIVERSITY OF ARK | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| JOSEPH MOORE CO UNIVERSITY OF ARKAN | |||||||
| 346 UNIVERSITY CT | MONTICELLO | AR | 71655 | NONE | I | SCHOLARSHIP | $1,500 |
| KAYLEE BRECKLING CO SOUTHERN ARKANS | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,000 |
| KELBY BISWELL CO UNIVERSITY OF ARKA | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| JACOB HOLLOWAY CO ARKANSAS STATE UN | |||||||
| 2105 AGGIE ROAD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $1,500 |
| LARRA GOFF CO ARKANSAS TECH UNIVERS | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $1,500 |
| LAYKYN RAINBOLT CO UNIVERSITY OF AR | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $1,500 |
| MORGAN SEYMORE CO SOUTHERN ARKANSAS | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $1,500 |
| NEELY PURIFOY CO SOUTHERN ARKANSAS | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $1,500 |
| GARRETT REYNOLDS CO UNIVERSITY OF A | |||||||
| 346 UNIVERSITY CT | MONTICELLO | AR | 71655 | NONE | I | SCHOLARSHIP | $1,500 |
| CONNOR CATT CO ARKANSAS STATE UNIVE | |||||||
| 2105 AGGIE ROAD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $1,500 |
| KAYLIE STONE CO SOUTHERN ARKANSAS U | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $1,500 |
| MACY LAMKIN CO SOUTHERN ARKANSAS UN | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $1,500 |
| SAMANTHA CLANTON CO SOUTHERN ARKANS | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $37,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,596 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$459 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $35,137 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $35,137 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | Yes (1) | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail (2 entries)
| Line NumberLineNumberTxt | InvolvedInvolvedAmt | Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc |
|---|---|---|
| ARKANSAS FARM BUREAU FEDERATION | ||
| 1c | $0 | THE FOUNDATION OCCUPIES OFFICE SPACE LOCATED IN A BUILDING OWNED BY FARM BUREAU BUILDING, INC., A SUBSIDIARY OF ARKANSAS FARM BUREAU FEDERATION, RENT FREE. |
| ARKANSAS FARM BUREAU FEDERATION | ||
| 1c | $0 | ARKANSAS FARM BUREAU FEDERATION PROVIDES ADMINISTRATIVE SERVICES TO THE FOUNDATION AT NO CHARGE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARKANSAS FARM BUREAU FEDERATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(5) | OrganizationTypeDesc |
| Relationship Description | SEE PREVIOUS STATEMENTS. | RelationshipDescriptionTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (8 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ANHEUSER-BUSCH | $56,028 | $56,028 |
| GENERAL ELECTRIC CAPITAL | $28,746 | $28,746 |
| VERIZON COMMUNICATIONS | $183,353 | $183,353 |
| FORD MOTOR CREDIT | $234,048 | $234,048 |
| PHILLIPS 66 | $42,410 | $42,410 |
| QUALCOMM | $33,388 | $33,388 |
| GOLDMAN SACHS GROUP | $82,679 | $82,679 |
| BOEING COMPANY | $55,949 | $55,949 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALTRIA GROUP (MO) | $36,080 | $36,080 |
| KINDER MORGAN (KMI) | $29,748 | $29,748 |
| ABBVIE INC (ABBV) | $29,360 | $29,360 |
| BLACKSTONE GROUP (BX) | $28,488 | $28,488 |
| 3M COMPANY (MMM) | $32,792 | $32,792 |
| VERIZON COMMUNICATIONS (VZ) | $30,205 | $30,205 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $12,774 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $326 | BOYBookValueAmt |
| EOY Book Value | $16 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEE | CategoryTxt |
| Amt | $2,781 | Amt |
| Net Investment Income | $2,781 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE | CategoryTxt |
| Amt | $656 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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