The Klungness Family Foundation Inc: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- The Klungness Family Foundation Inc (EIN 01-0791882)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-09
- IRS object ID
- 202143139349100804
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-09T09:11:30-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 010791882 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Klungness Family Foundation inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | KLUN | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | kraig klungness | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | kraig | PersonFirstNm |
| Person Last | klungness | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $5,246,640 | 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 | $3,384,926 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3,116 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,116 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $58,185 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $57,523 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$252,569 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,104,869 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,193,658 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $60,639 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $3,075 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,075 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $286 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $286 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $155 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,025 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,025 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,541 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,361 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,025 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $220,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $220,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $228,541 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,361 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $225,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,965,117 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $57,278 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $669,205 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,196,112 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,196,112 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $496,248 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,873,729 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,873,009 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,049,185 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,281,986 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,349,399 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $191,168 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $191,360 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $636,760 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $636,760 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,214,638 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,179,755 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,246,640 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,214,638 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,179,755 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,214,638 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,179,755 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,214,638 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,179,755 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,214,638 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,965,117 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,179,755 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,179,755 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $2,924,869 | $3,027,258 | -$102,389 | -$102,389 | |||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2020-09-17 | ||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2020-10-14 | ||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2020-11-13 | ||
| FNB BANKSHARES | $45,000 | $45,000 | D | 2019-07-16 | 2020-12-11 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$102,389 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $796 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $796 | SubtotalAmt |
| Tax Based On Investment Income | $796 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $100 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $720 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $820 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $24 | OverpaymentAmt |
| Applied To ES Tax | $24 | AppliedToESTaxAmt |
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 | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| Katharine T Alvord | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 2.0 | $0 | $0 | $0 |
| Kraig Klungness | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| Barbara Klungness Anderson | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Nelson Sommerfeldt | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,365,067 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,529,220 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $251,006 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,145,293 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,145,293 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $62,179 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,083,114 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $204,156 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $204,156 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $796 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $796 | TotalTaxAmt |
| Distributable Before Adj | $203,360 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $203,360 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $203,360 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $225,025 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $225,025 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $225,025 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $203,360 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $7,702 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,702 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $225,025 | QualifyingDistributionsAmt |
| Applied To Current Year | $203,360 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $21,665 | RemainingDistriFromCorpusAmt |
| Total Corpus | $29,367 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $29,367 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $7,702 | ExcessFromYear1Amt |
| Excess From Current Year | $21,665 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (38 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BARBARA KETTLE GUNDLACH SHELTER HOME FOR ABUSED WO | |||||||
| PO BOX 8 | CALUMET | MI | 49913 | N/A | PC | General & Unrestricted | $4,000 |
| BAY CLIFF HEALTH CAMP | |||||||
| PO BOX 310 | BIG BAY | MI | 49808 | N/A | PC | General & Unrestricted | $4,000 |
| CALIFORNIA BRAIN TUMOR ASSOCIATION | |||||||
| 77207 TRIBECCA ST | INDIAN WELLS | CA | 92210 | N/A | PC | General & Unrestricted | $5,000 |
| CARING HOUSE INC | |||||||
| 1305 PROSPECT AVE | IRON MOUNTAIN | MI | 49801 | N/A | PC | General & Unrestricted | $4,000 |
| CELLULAR PHONE TASK FORCE INC | |||||||
| PO BOX 6216 | SANTA FE | NM | 87502 | N/A | PC | General & Unrestricted | $2,000 |
| CITIZENS FOR HEALTH EDUCATION FOUNDATION | |||||||
| 5614 CONNECTICUT AVE NW 339 | WASHINGTON | DC | 20015 | N/A | PC | Support of SafeG | $7,000 |
| COPPER COUNTRY HUMANE SOCIETY | |||||||
| PO BOX 453 | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $7,500 |
| COPPER HARBOR TRAILS SOCIETY INC | |||||||
| PO BOX 37 | COPPER HARBOR | MI | 49918 | N/A | PC | General & Unrestricted | $5,000 |
| DAMS INC | |||||||
| 1041 GRAND AVE STE 317 | SAINT PAUL | MN | 55105 | N/A | PC | General & Unrestricted | $1,000 |
| ECOLOGICAL OPTIONS NETWORK | |||||||
| PO BOX 1047 | BOLINAS | CA | 94924 | N/A | PC | General & Unrestricted | $18,000 |
| ELECTROMAGNETIC SAFETY ALLIANCE INCORPORATED | |||||||
| 3248 N HILL FARM DR | TUCSON | AZ | 85712 | N/A | PC | to disseminate materials from medical conference to people with EHS | $3,000 |
| ELECTROMAGNETIC SAFETY ALLIANCE INCORPORATED | |||||||
| 3248 N HILL FARM DR | TUCSON | AZ | 85712 | N/A | PC | General & Unrestricted | $5,000 |
| ENVIRONMENTAL HEALTH TRUST | |||||||
| PO BOX 58 | TETON VILLAGE | WY | 83025 | N/A | PC | General & Unrestricted | $5,000 |
| FINLANDIA UNIVERSITY | |||||||
| 601 QUINCY ST | HANCOCK | MI | 49930 | N/A | PC | The purchase of hard copy print resources by the Maki Library | $4,000 |
| FOOD BANK OF EASTERN MICHIGAN INC | |||||||
| 2300 LAPEER RD | FLINT | MI | 48503 | N/A | PC | General & Unrestricted | $3,000 |
| FRIENDS OF PIMA ANIMAL CARE CENTER | |||||||
| PO BOX 85370 | TUCSON | AZ | 85754 | N/A | PC | General & Unrestricted | $2,500 |
| FRIENDS OF THE PALM SPRINGS ANIMAL SHELTER | |||||||
| 4575 E MESQUITE AVE | PALM SPRINGS | CA | 92264 | N/A | PC | General & Unrestricted | $4,000 |
| GRASSROOTS ENVIRONMENTAL EDUCATION INC | |||||||
| 52 MAIN ST | PORT WASHINGTON | NY | 11050 | N/A | PC | For projects supporting wireless radiation education | $5,000 |
| GREEN VESSELS INC | |||||||
| 12405 MELLING LN | BOWIE | MD | 20715 | N/A | PC | General & Unrestricted | $5,000 |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| PO BOX 231 | HOUGHTON | MI | 49931 | N/A | PC | In Support of the Houghton County Branch | $5,000 |
| KEWEENAW COMMUNITY FOUNDATION | |||||||
| 236 QUINCY ST | HANCOCK | MI | 49930 | N/A | PC | In support of the Houghton Energy Efficiency Team | $5,000 |
| KEWEENAW LAND TRUST INC | |||||||
| 101 QUINCY ST 303 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $5,000 |
| MENOMINEE RANGE HISTORICAL FOUNDATION | |||||||
| PO BOX 237 | IRON MOUNTAIN | MI | 49801 | N/A | PC | General & Unrestricted | $2,000 |
| NATIONAL PUBLIC RADIO INC | |||||||
| PO BOX 791490 | BALTIMORE | MD | 21279 | N/A | PC | General & Unrestricted | $7,500 |
| PINE MOUNTAIN MUSIC FESTIVAL INC | |||||||
| PO BOX 406 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $2,000 |
| PLANNED PARENTHOOD OF MICHIGAN | |||||||
| 950 VICTORS WAY STE 100 | ANN ARBOR | MI | 48108 | N/A | PC | General & Unrestricted | $7,500 |
| REID PARK ZOOLOGICAL SOCIETY | |||||||
| 1030 S RANDOLPH WAY | TUCSON | AZ | 85716 | N/A | PC | for Elephants and general needs | $10,000 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 501 ST JUDE PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $7,500 |
| SWAN VIEW COALITION INC | |||||||
| 3165 FOOTHILL RD | KALISPELL | MT | 59901 | N/A | PC | General & Unrestricted | $3,000 |
| THE NATIONAL INSTITUTE FOR SCIENCE LAW AND PUBLIC | |||||||
| 1601 18TH ST NW STE 4 | WASHINGTON | DC | 20009 | N/A | PC | Project Funding for the Collaborative on Wireless Technology | $4,000 |
| THE SALVATION ARMY OF HANCOCK | |||||||
| 408 RAVINE ST | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $7,500 |
| THE SIERRA FUND | |||||||
| 204 PROVIDENCE MINE RD STE 214 | NEVADA CITY | CA | 95959 | N/A | PC | Projects related to mercury remediation | $1,000 |
| U C SAN DIEGO FOUNDATION | |||||||
| 9500 GILMAN DR MC 0940 | LA JOLLA | CA | 92093 | N/A | PC | in support of Electromagnetic Hypersensitivity Research | $25,000 |
| U P WILDLIFE REHABILITATION | |||||||
| PO BOX 53 | SKANDIA | MI | 49885 | N/A | PC | for new Fawn building | $10,000 |
| UNIVERSITY OF ARIZONA FOUNDATION | |||||||
| 1111 N CHERRY AVE | TUCSON | AZ | 85721 | N/A | PC | For the benefit of the AZPM program | $3,000 |
| VITAL GROUND FOUNDATION INC | |||||||
| 20 FORT MISSOULA RD | MISSOULA | MT | 59804 | N/A | PC | In support of Grizzly Bear Habitat Preservation | $10,000 |
| WILDERNESS WATCH INC | |||||||
| PO BOX 9175 | MISSOULA | MT | 59807 | N/A | PC | General & Unrestricted | $10,000 |
| WIRELESS EDUCATION ACTION | |||||||
| PO BOX 82412 | PORTLAND | OR | 97282 | N/A | PC | General & Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $220,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,116 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $58,185 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$252,569 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$191,268 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$191,268 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | James A Klungness Irrevocable TA | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 516 | AddressLine1Txt |
| City | Houghton | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49931 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,384,926 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (15 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | SPDR S&P 500 ETF TRUST SPY, 2954 sh. | $971,467 | 2020-02-04 |
| 1 | FIDELITY 500 INDEX FUND FXAIX, 5979.927 sh. | $692,296 | 2020-02-05 |
| 1 | FNB BANKSHARES FNBBNKSHRS, 7964 sh. | $716,760 | 2020-08-13 |
| 1 | LAVERGNE TENN WTR AND SWR - 2.000% - 03 519442FK8, 50000 sh. | $50,470 | 2020-08-13 |
| 1 | CLEAR CREEK-AMANA CMNTY - 2.000% - 06/0 184503FC9, 25000 sh. | $25,720 | 2020-08-13 |
| 1 | UNION PAC CORP - 3.640% - 02/15/2024 907818DR6, 25000 sh. | $27,325 | 2020-08-13 |
| 1 | FEDERAL FARM CR BKS BOND - 3.100% - 12/ 3133EJ2E8, 20000 sh. | $22,920 | 2020-08-13 |
| 1 | FEDERAL HOME LOAN - 1.875% - 08/25/2025 3130AJ5Z8, 25000 sh. | $25,060 | 2020-08-13 |
| 1 | BARCLAYS BANK - 2.000% - 12/22/2026 06747PXX2, 55000 sh. | $54,868 | 2020-08-13 |
| 1 | GOLDMAN SACHS - 3.050% - 04/06/2026 38148P5X1, 25000 sh. | $28,638 | 2020-08-13 |
| 1 | MORGAN STANLEY PVT BK - 2.750% - 04/04/ 61760AYA1, 25000 sh. | $26,678 | 2020-08-13 |
| 1 | SALLIE MAE BK SLT LAKE CITY UT - 2.650% 7954502C8, 25000 sh. | $26,045 | 2020-08-13 |
| 1 | APPLE INC - 2.850% - 02/23/2023 037833BU3, 25000 sh. | $26,424 | 2020-08-13 |
| 1 | SIMON PPTY GROUP - 3.500% - 09/01/2025 828807CV7, 25000 sh. | $27,502 | 2020-08-13 |
| 1 | FSP MONUMENT CIRCLE CORP FSPMNMTCRCL, 1 sh. | $100,000 | 2020-12-11 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE INC - 2.850% - 02/23/202 | $26,385 | $26,239 |
| BARCLAYS BANK - 2.000% - 12/22 | $54,869 | $55,418 |
| GOLDMAN SACHS - 3.050% - 04/06 | $28,607 | $28,322 |
| MORGAN STANLEY PVT BK - 2.750% | $26,636 | $26,482 |
| SIMON PPTY GROUP - 3.500% - 09 | $27,421 | $27,763 |
| UNION PAC CORP - 3.640% - 02/1 | $27,250 | $27,136 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES SHORT TERM CORPORATE B | $299,962 | $307,573 |
| JP MORGAN CORE BOND FUND | $27,821 | $31,827 |
| JPMORGAN MANAGED INCOME FUND I | $303,338 | $303,045 |
| LEGG MASON INVST LOW VOL HIGH | $53,152 | $64,860 |
| VANGUARD HIGH DIV YIELD | $197,517 | $225,755 |
| VANGUARD INT TRM BD | $400,196 | $416,339 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,748,813 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,749,355 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $124,916 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $123,654 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FNB BANKSHARES | $536,760 | $536,760 |
| FSP MONUMENT CIRCLE CORP | $100,000 | $100,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $5,000 | $5,000 |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $3,075 | Amt |
| Net Investment Income | $3,075 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $100 |
| 990-PF Excise Tax for 2019 | $55 |