RHY CHARITABLE TR: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: RHY CHARITABLE TR (EIN 38-6869248)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-05-14
IRS object ID: 202121349349100412
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
Investments Corp Bonds Schedule
Investments Govt Obligations Sch
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-14T07:42:53-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FREDRIKSON & BYRON PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 S 6TH STREET SUITE 4000	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	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	386869248	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE RHY CHARITABLE TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RHYC	BusinessNameControlTxt
Phone	6124927000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 SOUTH SIXTH STREET SUITE 4000	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DEBRA YAUK	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	6124927000	PhoneNum
Signature	2021-05-11	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DEBRA	PersonFirstNm
Person Last	YAUK	PersonLastNm

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN L NELSON	PreparerPersonNm
PTIN	P01370507	PTIN
Phone	6124927000	PhoneNum
Preparation	2021-05-14	PreparationDt

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	$2,607,348	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	$13,608	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$13,608	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$3,460	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$160,952	GrossSalesPriceAmt
Total Rev And Expnss	$10,148	TotalRevAndExpnssAmt
Total Net Invst Incm	$13,608	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$25,000	CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$2,568	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$2,568	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$365	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$365	TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$27,933	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$2,933	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$300,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$300,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$327,933	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$2,933	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$300,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$317,785	ExcessRevenueOverExpensesAmt
Net Investment Income	$10,675	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$407,467	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$201,411	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$201,411	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$296,205	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$225,663	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$225,663	USGovtObligationsEOYFMVAmt
Corporate Bonds BOY	$1,932,265	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,180,274	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,180,274	CorporateBondsEOYFMVAmt
Total Assets BOY	$2,635,937	TotalAssetsBOYAmt
Total Assets EOY	$2,607,348	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,607,348	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$2,635,937	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$2,607,348	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,635,937	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,607,348	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,635,937	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,607,348	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,635,937	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$317,785	ExcessRevenueOverExpensesAmt
Other Increases	$289,196	OtherIncreasesAmt
Subtotal	$2,607,348	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$2,607,348	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$3,460	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$148	InvestmentIncomeExciseTaxAmt
Subtotal	$148	SubtotalAmt
Tax Based On Investment Income	$148	TaxBasedOnInvestmentIncomeAmt
Tax Due	$148	TaxDueAmt

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	MN	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	JOHN NELSON	IndividualWithBooksNm
Phone	6124927000	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 SOUTH SIXTH STREET	AddressLine1Txt
Address Line2	SUITE 4000	AddressLine2Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	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
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
ROBERT H YAUK
200 SOUTH 6TH STREET SUITE 4000	MINNEAPOLIS	MN	55402	TRUSTEE	000.00	$0	$0	$0
DEBRA YAUK
200 SOUTH 6TH STREET SUITE 4000	MINNEAPOLIS	MN	55402	TRUSTEE	10.00	$25,000	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,196,242	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$361,069	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,557,311	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$2,557,311	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$38,360	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,518,951	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$125,948	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$125,948	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$148	TaxBasedOnInvestmentIncomeAmt
Total Tax	$148	TotalTaxAmt
Distributable Before Adj	$125,800	DistributableBeforeAdjAmt
Distributable Before Ded	$125,800	DistributableBeforeDedAmt
Distributable As Adjusted	$125,800	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$300,000	ExpensesAndContributionsAmt
Qualifying Distributions	$300,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$300,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$125,800	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$49,966	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$136,884	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$179,285	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$366,135	TotalExcessDistributionCyovAmt
Qualifying Distributions	$300,000	QualifyingDistributionsAmt
Applied To Current Year	$125,800	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$174,200	RemainingDistriFromCorpusAmt
Total Corpus	$540,335	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$540,335	ExcessDistriCyovToNextYrAmt
Excess From Year3	$49,966	ExcessFromYear3Amt
Excess From Year2	$136,884	ExcessFromYear2Amt
Excess From Year1	$179,285	ExcessFromYear1Amt
Excess From Current Year	$174,200	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt	Address Line2RecipientUSAddress/AddressLine2Txt
MAYO CLINIC DEPT OF DEVELOPMENT
200 FIRST STREET SW	ROCHESTER	MN	55905	NONE	PC	GENERAL USE OF CHARITY	$250,000
MINNESOTA MILITARY FAMILY
620 MENDELSSOHN AVENUE N	GOLDEN VALLEY	MN	55427	NONE	PC	GENERAL USE OF CHARITY	$50,000	FOUNDATION	SUITE 121

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$300,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,608	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$3,460	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$13,608	ExclusionAmt
Related Or Exempt Function Incm	-$3,460	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$10,148	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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
WELLSFARGO BONDS	$153,841	$153,841
WELLSFARGO CERTIFICATES OF DEPOSIT	$2,026,433	$2,026,433

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$225,663	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$225,663	USGovtObligationsEOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	CHANGE IN VALUE OF INVESTMENTS	Desc
Amt	$289,196	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT EXPENSES	CategoryTxt
Amt	$2,568	Amt
Net Investment Income	$2,568	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAX ON INVESTMENT INCOME	CategoryTxt
Amt	$365	Amt
Net Investment Income	$365	NetInvestmentIncomeAmt

RHY CHARITABLE TR: Form 990PF, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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