RYOBI FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RYOBI FOUNDATION (EIN 74-2517850)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2021-03-09
- IRS object ID
- 202140689349100214
- Schema version
- 2019v5.0
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Loans From Officers Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-09T12:44:02-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742517850 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ryobi Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RYOB | BusinessNameControlTxt |
| Phone | 9709634445 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13110 Highway 82 | AddressLine1Txt |
| City | Carbondale | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81623 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Barbara J Hapgood | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Signature | 2021-03-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Coburn | PreparerPersonNm |
| PTIN | P01638285 | PTIN |
| Phone | 7134395739 | 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) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $271,490,967 | 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 | $340 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $42 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $42 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $42 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $483,658 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $483,658 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $483,658 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,351,313 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $22,133,968 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,351,313 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $1,092,874 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $3,723 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $3,723 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,839,076 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,835,013 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,580,297 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $50,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $299,697 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $3,723 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $295,974 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $43,231 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $43,231 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $33,946 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $33,946 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,575 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $4,575 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,575 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $95,331 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $95,331 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $95,331 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $7,436 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,436 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $7,436 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $344,892 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $22,720 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $22,720 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $7,260 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,260 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $228,355 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $228,355 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,142,018 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $107,342 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $111,065 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $686,061 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $30,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $30,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,172,018 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $107,342 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $111,065 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $716,061 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,667,058 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,727,671 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,469,232 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $629,608 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,487,088 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,487,088 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,600 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $5,600 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $5,600 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $4,888,699 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $6,977,493 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $7,159,523 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $17,122,780 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,468,987 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,892,428 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,273,605 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,508,074 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,548,815 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,359,662 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,892,004 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $12,812,550 | LandBOYAmt |
| Land EOY | $12,467,658 | LandEOYAmt |
| Land EOYFMV | $14,303,288 | LandEOYFMVAmt |
| Other Assets BOY | $226,609,225 | OtherAssetsBOYAmt |
| Other Assets EOY | $225,094,225 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $225,094,225 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $264,342,067 | TotalAssetsBOYAmt |
| Total Assets EOY | $266,009,125 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $271,490,967 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $6,747,002 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $6,747,002 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $6,747,002 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,747,002 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $257,595,065 | RetainedEarningBOYAmt |
| Retained Earning EOY | $259,262,123 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $257,595,065 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $259,262,123 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $264,342,067 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $266,009,125 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $257,595,065 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,667,058 | ExcessRevenueOverExpensesAmt |
| Subtotal | $259,262,123 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $259,262,123 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly traded securities | $19,519,437 | $18,202,655 | $1,316,782 | $1,316,782 | |||
| Capital gain distributions | $157,081 | $157,081 | $157,081 | ||||
| Sale of Japanese art | $1,399,950 | $1,580,000 | -$180,050 | -$180,050 | D | 2010-01-01 | 2019-01-01 |
| Sale of CO conservation easement tax credit | $1,057,500 | $1,057,500 | $1,057,500 | D | 2019-01-22 | 2019-03-22 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,351,313 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,092,874 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $712,827 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $26,515,792 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.02688 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $851,911 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $25,465,188 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.03345 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $506,931 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $15,184,410 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.03339 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,171,872 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,880,400 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.08443 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $711,936 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,915,272 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06522 | DistributionYr5Rt |
| Total Distribution | 0.243372 | TotalDistributionRt |
| Average Distribution | 0.048674 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,688,382 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,396,378 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $27,277 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,423,655 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $781,061 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $54,553 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $54,553 | SubtotalAmt |
| Tax Based On Investment Income | $54,553 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,600 | EstimatedPlusOvpmtIncmTxAmt |
| Tax Due | $54,553 | 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 | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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 | www.powersartcenter.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Melissa English | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9709634445 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13110 Highway 82 | AddressLine1Txt |
| City | Carbondale | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81623 | 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 | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Kimiko Powers | ||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | President/Dir | 10.00 | $0 |
| James T Bohart Jr | ||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Treasurer | 5.00 | $25,000 |
| Barbara J Hapgood | ||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Secretary | 10.00 | $25,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Joel L Samuelson | |||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Ops Director | 40.00 | $151,433 | $12,568 |
| Melissa T English | |||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Director | 40.00 | $93,414 | $2,894 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bessemer Trust Co NA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 Fifth Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment management | ServiceTypeTxt |
| Compensation | $95,331 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Ryobi Foundation manages The Powers Art Center, a memorial to the life of John G. Powers and a showcase of Jasper Johns' works on paper. In honor of his desire to bring art to everyone, the Powers Art Center is open to the public free of charge. While Jasper Johns' is the primary artist featured, visitors will also have the opportunity view other artists as part of the former John and Kimiko Powers art collection during rotating exhibits. The Powers Art Center also works with local schools on art related trips to the Center. Additionally, art from the collection is loaned to institutions for public viewing. | Description1Txt |
| Expenses1 | $751,061 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,982,234 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $143,027 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,125,261 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $29,125,261 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $436,879 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,688,382 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,434,419 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $716,061 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $65,000 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $781,061 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $781,061 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,434,419 | CurrentYearAmt |
| Year1 | $374,679 | Year1Amt |
| Year2 | $87,071 | Year2Amt |
| Year3 | $759,221 | Year3Amt |
| Total | $2,655,390 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,219,256 | CurrentYearAmt |
| Year1 | $318,477 | Year1Amt |
| Year2 | $74,010 | Year2Amt |
| Year3 | $645,338 | Year3Amt |
| Total | $2,257,081 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $781,061 | CurrentYearAmt |
| Year1 | $712,827 | Year1Amt |
| Year2 | $851,911 | Year2Amt |
| Year3 | $506,931 | Year3Amt |
| Total | $2,852,730 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $30,000 | CurrentYearAmt |
| Total | $30,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $751,061 | CurrentYearAmt |
| Year1 | $712,827 | Year1Amt |
| Year2 | $851,911 | Year2Amt |
| Year3 | $506,931 | Year3Amt |
| Total | $2,822,730 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $271,490,967 | CurrentYearAmt |
| Year1 | $265,378,726 | Year1Amt |
| Year2 | $267,770,825 | Year2Amt |
| Year3 | $264,820,971 | Year3Amt |
| Total | $1,069,461,489 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $238,525,154 | CurrentYearAmt |
| Year1 | $240,385,045 | Year1Amt |
| Year2 | $240,965,273 | Year2Amt |
| Year3 | $240,882,116 | Year3Amt |
| Total | $960,757,588 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Kimiko Powers | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Aspen Valley Land Trust | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 E Main | AddressLine1Txt |
| City | Carbondale | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81623 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General support | GrantOrContributionPurposeTxt |
| Amt | $30,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $30,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Retail sales | Desc |
| Related Or Exempt Function Incm | $3,723 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $42 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $483,658 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,351,313 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,835,013 | ExclusionAmt |
| Related Or Exempt Function Incm | $3,723 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,838,736 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1a | LineNumberTxt |
| Relationship Statement | The Powers Art Center gift shop sells small items of art and curiosities that were donated to the Ryobi Foundation from the private collection of John and Kimiko Powers. The items sold help connect the visitors to the Center's art and provide small support for the Powers Art Centers ongoing activities. | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting and tax compliance | CategoryTxt |
| Amt | $9,150 | Amt |
| Net Investment Income | $4,575 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,575 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,575 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| Furniture and Fixtures | 2015-01-01 | $45,089 | $20,316 | SL | 5.0000 | $9,018 |
| Buildings | 2015-01-01 | $10,754,150 | $1,091,500 | SL | 39.0000 | $275,747 |
| Machinery and Equipment | 2015-01-01 | $495,423 | $435,296 | SL | 5.0000 | $60,127 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | See attachment | BondNm |
| EOY Book Value | $2,508,074 | EOYBookValueAmt |
| EOYFMV | $2,548,815 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | See attachment | StockNm |
| EOY Book Value | $17,468,987 | EOYBookValueAmt |
| EOYFMV | $20,892,428 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,977,493 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $7,159,523 | USGovtObligationsEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $45,089 | $29,334 | $15,755 | $15,755 |
| Machinery and Equipment | $495,423 | $495,423 | ||
| Buildings | $10,754,150 | $1,367,247 | $9,386,903 | $9,386,903 |
| Land | $3,065,000 | $3,065,000 | $4,900,630 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance and counsel | CategoryTxt |
| Legal Fees | $33,946 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $33,946 | DisbursementsCharitablePrpsAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | Kimiko Powers | LenderPersonNm |
| Title | President/Director | TitleTxt |
| Loan Original | $2,950,000 | LoanOriginalAmt |
| Balance Due | $6,747,002 | BalanceDueAmt |
| Note | 2009-06 | NoteDt |
| Repayment Terms | None | RepaymentTermsTxt |
| Security Provided Borrower | None | SecurityProvidedBorrowerTxt |
| Loan Purpose | Support charitable activities | LoanPurposeTxt |
| Lender Consideration | Payment of foundation expenses | LenderConsiderationDesc |
| Consideration FMV | $6,747,002 | ConsiderationFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 2015 Art Purchases | $520,000 | $520,000 | $520,000 |
| Art Prints and Multiples | $15,364,000 | $15,364,000 | $15,364,000 |
| Japanese Art Collection | $34,611,500 | $33,031,500 | $33,031,500 |
| Jasper Johns Art Collection | $2,932,725 | $2,997,725 | $2,997,725 |
| Post-War and Contemp. Art | $173,181,000 | $173,181,000 | $173,181,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Bank charges | $31 | $31 |
| Dues and subscriptions | $548 | $548 |
| Insurance | $29,965 | $29,965 |
| Licenses, permits, and fees | $231 | $231 |
| Office expense | $7,600 | $7,600 |
| Postage and shipping | $1,278 | $1,278 |
| Repairs and maintenance | $122,523 | $122,523 |
| Supplies | $62,234 | $62,234 |
| Telephone | $3,945 | $3,945 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Retail sales | Desc |
| Revenue And Expenses Per Books | $3,723 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $3,723 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment management fees | CategoryTxt |
| Amt | $95,331 | Amt |
| Net Investment Income | $95,331 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $95,331 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign tax | CategoryTxt |
| Amt | $7,436 | Amt |
| Net Investment Income | $7,436 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $7,436 | AdjustedNetIncomeAmt |
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