MARBROOK FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MARBROOK FOUNDATION (EIN 41-6019899)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202123199349110017
- 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
- Dissolution Stmt
- Expenditure Responsibility Stmt
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T19:41:30-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411373234 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAWMILL PRIVATE MANAGEMENT INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 730 BLDG 730 2ND AVE S | 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 | 416019899 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARBROOK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARB | BusinessNameControlTxt |
| Phone | 6127521782 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 730 2ND AVE S STE 1400 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARKELL KIEFER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6127521782 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARKELL | PersonFirstNm |
| Person Last | KIEFER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GAIL LUST | PreparerPersonNm |
| PTIN | P00321529 | PTIN |
| Phone | 6127521770 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | 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 | $169,811 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $169,811 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,449 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,677,122 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,449 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $14,876 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $14,876 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $201,136 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $201,136 | 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 |
| Legal Fees Rev And Expnss | $6,213 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,243 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,971 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $123,194 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $65,838 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $57,356 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,883 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,383 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,813 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,744 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $5,069 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $151,103 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $80,208 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $67,396 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $287,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $287,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $438,853 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $80,208 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $355,146 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$237,717 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $120,928 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,022,120 | SavAndTempCashInvstBOYAmt |
| US Government Obligations BOY | $2,050,616 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,962,957 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,026,959 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $14,062,652 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $14,062,652 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,062,652 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,062,652 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,062,652 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$237,717 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $13,824,935 | SubtotalAmt |
| Other Decreases | $13,824,935 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| ST | P | $984,948 | $1,105,736 | -$120,788 | -$120,788 |
| LT | P | $692,174 | $554,937 | $137,237 | $137,237 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,449 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,681 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,681 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,681 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,625 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $6,625 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,944 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $4,944 | RefundAmt |
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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | 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 | WWW.MARBROOKFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | SAWMILL PRIVATE MANAGEMENT INC | IndividualWithBooksNm |
| Phone | 6127521770 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 730 SECOND AVE S STE 1400 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| MARKELL BROOKS | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MARKELL KIEFER | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| EDWARD BROOKS | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| KATHERINE BROOKS | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SARAH K BROOKS | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| WILLIAM R KING | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| JOHN E LARSEN | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MINNA BROOKS | ||||||||
| 730 2ND AVE S STE 1400 | MINNEAPOLIS | MN | 55402 | EXECUTIVE DIRECTOR | 20.00 | $48,753 | $8,603 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAWMILL PRIVATE MANAGEMENT INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 730 SECOND AVE S STE 1400 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | FOUNDATION MANAGEMENT/CHARITABLE OVERSIGHT | ServiceTypeTxt |
| Compensation | $85,481 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $14,518,840 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $558,109 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,076,949 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,076,949 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $226,154 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,850,795 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $742,540 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $742,540 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,681 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,681 | TotalTaxAmt |
| Distributable Before Adj | $740,859 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $740,859 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $740,859 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $355,146 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $355,146 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $355,146 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $740,859 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $121,420 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $7,786 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $336,361 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $465,567 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $355,146 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $355,146 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $465,567 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $385,713 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $121,420 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $344,147 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,786 | ExcessFromYear4Amt |
| Excess From Year2 | $336,361 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARBROOK FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 730 SECOND AVE S STE 1400 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6127521783 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN PROPOSAL WITH DESCRIPTION OF OBJECTIVES, BUDGET, METHOD OF EVALUATION, AND EVIDENCE OF CHARITABLE EXEMPTION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GENERALLY RESTRICTED TO THE MINNEAPOLIS-ST PAUL AREA WITH PRIMARY EMPHASIS ON INITIATIVES THAT CREATE EQUAL OPPORTUNITY FOR IMMIGRANTS AND REFUGEES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACHIEVE MPLS | |||||||
| 2829 UNIVERSITY AVE SE | MINNEAPOLIS | MN | 55414 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS | |||||||
| 1821 UNIVERSITY AVE W | ST PAUL | MN | 55104 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| CENTRO TYRONE GUZMAN | |||||||
| 1915 CHICAGO AVE S | MINNEAPOLIS | MN | 55404 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| COALITION OF ASIAN AMERICAN LEADERS | |||||||
| 941 LAFOND AVENUE WEST | SAINT PAUL | MN | 55104 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| COMMONBOND COMMUNITIES | |||||||
| 328 KELLOGG BOULEVARD WEST | SAINT PAUL | MN | 55102 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| COMMUNIDADES LATINAS UNIDAS EN SERVICIO (CLUES) | |||||||
| 797 E 7TH STREET | SAINT PAUL | MN | 55106 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| GREEN CARD VOICES | |||||||
| 2822 LYNDALE AVE S | MINNEAPOLIS | MN | 55408 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $12,000 |
| IMMIGRANT LAW CENTER OF MN | |||||||
| 450 N SYNDICATE SUITE 200 | ST PAUL | MN | 55104 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $12,250 |
| INTERNATIONAL INSTITUTE OF MINNESOTA | |||||||
| 1694 COMO AVENUE | SAINT PAUL | MN | 55108 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $12,000 |
| KA JOOG NONPROFIT ORGANIZATION | |||||||
| 419 CEDAR AVE SOUTH STE 257 | MINNEAPOLISM | MN | 55454 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| KAREN ORGANIZATION OF MINNESOTA | |||||||
| 1394 JACKSON STREET | SAINT PAUL | MN | 55117 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| LA OPORTUNIDAD INC | |||||||
| 2700 E LAKE ST 3200 | MINNEAPOLIS | MN | 55406 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| LUTHERAN SOCIAL SERVICE OF MN | |||||||
| 2485 COMO AVENUE | SAINT PAUL | MN | 55108 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| MICROGRANTS | |||||||
| 1035 EAST FRANKLIN AVE | MINNEAPOLIS | MN | 55404 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| MINNPOST | |||||||
| 900 SIXTH AVE SE 220 | MINNEAPOLIS | MN | 55414 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| NEXUS COMMUNITY PARTNERS | |||||||
| 2314 UNIVERSITY AVE W 18 | SAINT PAUL | MN | 55114 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| PLANNED PARENTHOOD MN ND SD | |||||||
| 671 VANDALIA ST | SAINT PAUL | MN | 55114 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| PROJECT FOR PRIDE IN LIVING | |||||||
| 1035 E FRANKLIN AVE | MINNEAPOLIS | MN | 55404 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $12,000 |
| PROJECT SUCCESS | |||||||
| ONE GROVELAND TERRACE | MINNEAPOLIS | MN | 55405 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $15,000 |
| REVIVING SISTERHOOD | |||||||
| 1007 WEST BROADWAY AVE | MINNEAPOLIS | MN | 55411 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| THE SANNEH FOUNDATION INC | |||||||
| 2090 CONWAY ST | SAINT PAUL | MN | 55119 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| UNIVERSITY OF MN FOUNDATION | |||||||
| 200 OAK STREET SOUTHEAST | MINNEAPOLIS | MN | 55455 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $22,500 |
| WILDERNESS INQUIRY INC | |||||||
| 808 14TH AVENUE SE | MINNEAPOLIS | MN | 55414 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| WOMEN'S FOUNDATION OF MINNESOTA | |||||||
| 105 5TH AVE S | MINNEAPOLIS | MN | 55401 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| WOMENS INITIATIVE FOR SELF EMPOWERMENT (WISE) INC | |||||||
| 570 ASBURY STREET | SAINT PAUL | MN | 55104 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
| WORLD SAVVY | |||||||
| 1304 UNIVERSITY AVE NE 305 | MINNEAPOLIS | MN | 55413 | NONE | PC | GENERAL OPERATIONS OF THE ORGANIZATION | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $287,750 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $169,811 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $14,876 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,449 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $201,136 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $201,136 | 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 | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARBROOK FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 730 2ND AVE S STE 1400 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | MARBROOK FOUNDATION ("TRUST"), FEDERAL EIN #41-6019899 WAS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A SECTION 501(C)(3) PRIVATE NON-OPERATING FOUNDATION. THE FOUNDATION'S BOARD OF TRUSTEES ELECTED TO TERMINATE THE TRUST AND TRANSFER ALL OF ITS ASSETS TO A SUCCESSOR SECTION 501(C)(3) PRIVATE NON-OPERATING FOUNDATION, THE MARBROOK FOUNDATION ("CORPORATION"), FEDERAL EIN #84-2492358. THE SAME BOARD OF TRUSTEES AND OFFICERS, WHO GOVERN THE TRUST ALSO GOVERN THE CORPORATION. NOTHING CHANGED IN THE TRANSITION OTHER THAN THE LEGAL STRUCTURE OF THE ENTITY. SEE ADDITIONAL INFORMATION IN ATTACHED EXPLANATION AND SUPPORTING DOCUMENTATION. | ShortExplanationTxt |
| Dissolution | $19,087,488 | DissolutionAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt |
|---|---|---|---|---|---|---|---|---|
| TIGERLION ARTS | ||||||||
| 730 SECOND AVE S | MINNEAPOLIS | MN | 55402 | 2019-12-09 | $11,000 | GENERAL SUPPORT OF TIGERLION ART'S BUDDHA PRINCE PROJECT | NONE | TO BE RECEIVED |
| TIGERLION ARTS | ||||||||
| 730 SECOND AVE S | MINNEAPOLIS | MN | 55402 | 2019-12-12 | $12,500 | SUPPORT FOR TIGERLION ART'S BUDDHA PRINCE PROJECT, NATURE FOR THE NATION, AND GENERAL SUPPORT. | NONE | TO BE RECEIVED |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | MARBROOK FOUNDATION ("TRUST"), FEDERAL EIN #41-6019899 WAS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A SECTION 501(C)(3) PRIVATE NON-OPERATING FOUNDATION. THE FOUNDATION'S BOARD OF TRUSTEES ELECTED TO TERMINATE THE TRUST AND TRANSFER ALL OF ITS ASSETS TO A SUCCESSOR SECTION 501(C)(3) PRIVATE NON-OPERATING FOUNDATION, THE MARBROOK FOUNDATION ("CORPORATION"), FEDERAL EIN #84-2492358. THE SAME BOARD OF TRUSTEES AND OFFICERS, WHO GOVERN THE TRUST ALSO GOVERN THE CORPORATION. NOTHING CHANGED IN THE TRANSITION OTHER THAN THE LEGAL STRUCTURE OF THE ENTITY. SEE ADDITIONAL INFORMATION IN ATTACHED EXPLANATION AND SUPPORTING DOCUMENTATION. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & CONSULTING FEES | CategoryTxt |
| Legal Fees | $6,213 | LegalFeesAmt |
| Net Investment Income | $1,243 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,971 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRANSFER TO REORGANIZATION SUCCESSOR FOUNDATION | Desc |
| Amt | $13,824,935 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATIVE EXP | $6,305 | $1,261 | $5,044 |
| INVESTMENT INTEREST EXPENSE | $147 | $147 | $0 |
| OTHER PORTFOLIO - PARTNERSHIP LOSS | $6,336 | $6,336 | $0 |
| MN FILING FEE | $25 | $0 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $14,876 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $14,876 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,876 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SAWMILL PRIVATE MANAGEMENT INC | $57,356 | $0 | $57,356 |
| INVESTMENT MANAGEMENT FEES | $65,838 | $65,838 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX PAID | $5,383 | $5,383 | $0 |
| FEDERAL TAX PAID | $3,500 | $0 | $0 |
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