JEFFERY WALLACE ELLIS TRUST: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- JEFFERY WALLACE ELLIS TRUST (EIN 36-3494704)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-04-20
- IRS object ID
- 202001119349100105
- Schema version
- 2019v5.1
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees 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 | 2020-04-20T10:56:55-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470625816 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1317 | AddressLine1Txt |
| City | HASTINGS | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 689021317 | 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 | 363494704 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFERY WALLACE ELLIS TRUST | BusinessNameLine1Txt |
| Business Name Line2 | C/O LUTZ & COMPANY PC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JEFF | BusinessNameControlTxt |
| Phone | 4024624154 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1317 | AddressLine1Txt |
| City | HASTINGS | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 689021317 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LLOYD H ELLIS JR | PersonNm |
| Person Title | PRES./TRUSTEE | PersonTitleTxt |
| Phone | 4024624154 | PhoneNum |
| Signature | 2020-04-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ASHLEY A ENGLUND CPA CVA | PreparerPersonNm |
| PTIN | P01651866 | PTIN |
| Phone | 4024624154 | PhoneNum |
| Preparation | 2020-04-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,331,961 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $52 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $52 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $60,240 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $60,240 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $12,241 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $12,241 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$834 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $402,176 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,578,543 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $402,176 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $144 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $144 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $474,853 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $474,853 | 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 | $593 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,300 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $16,549 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,549 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,607 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,270 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,108 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $13,075 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $41,157 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,894 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,300 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $111,348 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $111,348 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $152,505 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,894 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $117,648 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $322,348 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $443,959 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $47,561 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $58,968 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $58,968 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Investments BOY | $209,196 | LandBldgInvestmentsBOYAmt |
| Other Investments BOY | $1,583,103 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,103,183 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,269,651 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,285 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,342 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,342 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,843,145 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,165,493 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,331,961 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,380,063 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,380,063 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $17,000 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $17,000 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $446,082 | RetainedEarningBOYAmt |
| Retained Earning EOY | $768,430 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,843,145 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,165,493 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,843,145 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,165,493 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,843,145 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $322,348 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,165,493 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,165,493 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | DepreciationDepreciationAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - TD AMERITRADE #XXX-XX-XXXX | $990,417 | $941,455 | $48,962 | $48,962 | ||
| LAND 10-7-10 ADAMS COUNTY | $564,253 | $234,912 | $329,341 | $329,341 | P | |
| EQUIPMENT | $23,873 | $13,959 | $23,873 | $23,873 | P | $13,959 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $402,176 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $127,824 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,397,706 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053311 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $133,685 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,666,928 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050127 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $125,006 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,658,269 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047025 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $125,773 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,654,062 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047389 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $130,123 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,609,949 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049857 | DistributionYr5Rt |
| Total Distribution | 0.247709 | TotalDistributionRt |
| Average Distribution | 0.049542 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,242,132 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $111,080 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,440 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $115,520 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $117,648 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $4,440 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,440 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,440 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,360 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,360 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $2,080 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NE | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LUTZ COMPANY PC | IndividualWithBooksNm |
| Phone | 4024624154 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 747 N BURLINGTON SUITE 401 | AddressLine1Txt |
| City | HASTINGS | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| LLOYD H ELLIS JR | ||||||||
| 33775 REDBRIDGE LANE | SOLON | OH | 44139 | PRESIDENT/TRUSTEE | 3.00 | $0 | $0 | $0 |
| EVA ELLIS | ||||||||
| 33775 REDBRIDGE LANE | SOLON | OH | 44139 | SECRETARY/TRUSTEE | 3.00 | $0 | $0 | $0 |
| PETER ELLIS | ||||||||
| 5422 GRACE DR | MENTOR | OH | 44060 | VICE PRESIDENT/TRUSTEE | 0.50 | $0 | $0 | $0 |
| AMANDA ELLIS-THURBER | ||||||||
| 285 ABBOTT RD | BRATTLEBORO | VT | 05301 | TREASURER/TRUSTEE | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $2,234,691 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $40,751 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $834 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,276,276 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,276,276 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $34,144 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,242,132 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $112,107 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $112,107 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,440 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,440 | TotalTaxAmt |
| Distributable Before Adj | $107,667 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $107,667 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $107,667 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $117,648 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $117,648 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,440 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $113,208 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $107,667 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $111,348 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $117,648 | QualifyingDistributionsAmt |
| Applied To Year1 | $111,348 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,300 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $101,367 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EVA ELLIS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33775 REDBRIDGE LANE | AddressLine1Txt |
| City | SOLON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2164983914 | RecipientPhoneNum |
| Form And Info And Materials | FOR SCHOLARSHIP APPLICATIONS: WRITTEN APPLICATION. FOR ALL OTHER CHARITABLE GRANTS: WRITTEN OR ORAL APPLICATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SCHOLARSHIP FOR UNDERGRADUATE STUDENTS: FULL TIME STUDENT ACTIVELY PURSUING DEGREE. ALL OTHER CHARITABLE GRANTS: SCHOOLS, CIVIC ORGANIZATIONS, PUBLIC ORGANIZATIONS, CHURCHES, AND OTHER ENTITIES WHICH ARE QUALIFIED EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HASTINGS COLLEGE FOUNDATION | |||||||
| 11422 MIRACLE HILLS DR 550 | OMAHA | NE | 68154 | N/A | 501(C)(3) | SCHOLARSHIPS | $25,000 |
| HASTINGS COMMUNITY FOUNDATIONINC | |||||||
| PO BOX 703 | HASTINGS | NE | 68902 | N/A | 509(A)(1) | EDUCATIONAL (INCLUDING SCHOLARSHIPS) AND CHARITABLE | $86,348 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $111,348 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $52 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $60,240 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$834 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $144 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $402,176 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $461,778 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $461,778 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LUTZ - PREPARATION OF FORM 990-PF; TAX PLANNING | CategoryTxt |
| Amt | $6,300 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,300 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OWNER ADVISED FUND DISTRIBUTIONS | IdentifierTxt |
| Form And Line Reference | PART VII-A, LINE 12 | FormAndLineReferenceDesc |
| Medium Explanation | THE JEFFERY WALLACE ELLIS TRUST, A PRIVATE FOUNDATION DID TREAT DISTRIBUTIONS TO A DONOR ADVISED FUND OF THE HASTINGS COMMUNITY FOUNDATION AS QUALIFYING DISTRIBUTIONS. THOSE FUNDS CONSISTENT WITH IRC SECTION 170(C)(2)(B) WILL BE USED TO SUPPORT EDUCATION CONSISTENT WITH THE SCHOLARSHIP POLICY OF THE JEFFERY WALLACE ELLIS FOUNDATION AND OTHER CHARITABLE PURPOSES AS THE HASTINGS COMMUNITY FOUNDATION DECIDES.THE HASTINGS COMMUNITY FOUNDATION HAS FINAL APPROVAL (AND EXERCISES EXPENDITURE RESPONSIBILITY) OVER ANY DISTRIBUTIONS FROM THE FUND AND FURTHER AS A PART OF THE DONOR ADVISED AGREEMENT AND PURPOSES OF THE HASTINGS COMMUNITY FOUNDATION DISTRIBUTIONS CAN ONLY BE MADE FOR PURPOSES PROVIDED FOR UNDER IRC SECTION 170(C) INCLUDING IRC SECTION 170(C)(2)(B).NO PERSON INVOLVED WITH THE PRIVATE FOUNDATION, THE DONOR ADVISED FUND OR ANY OTHER PERSON DESCRIBED IN SECTION 4958(F)(7) RECEIVED ANY DIRECT OR INDIRECT BENEFIT FROM ANY DISTRIBUTION FROM EITHER THE PRIVATE FOUNDATION OR THE DONOR ADVISED FUND.UNDER THE TERMS OF THE DONOR ADVISED AGREEMENT WITH THE HASTINGS COMMUNITY FOUNDATION ANNUAL FINANCIAL REPORTS ARE TO BE GIVEN TO THE JEFFERY WALLACE ELLIS TRUST INCLUDING DISTRIBUTIONS MADE UNDER THE TERMS OF THE AGREEMENT. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (40 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DBX ETF TR XTRACK RUSSELL 1000 ETF | AT COST | $55,179 | $67,252 |
| DBX ETF TR XTRACK FTSE US ETF | AT COST | $111,245 | $113,975 |
| DBX ETF TR XTRACK MSCI CHINA ETF | AT COST | $58,516 | $58,006 |
| FISRT TR EXCHAN TRADED FD IV SENIOR LN FD ETF | AT COST | $40,145 | $40,013 |
| FIRST TR EXCHANGE TRADED FD VI TCW OPPORTUNIS ETF | AT COST | $53,824 | $54,877 |
| FIRST TRUST EXCH TRADED FUND 2 CLOUD COMPUTING ETF | AT COST | $53,987 | $55,963 |
| FIRST TR EXCHAN TRADED FD VII FST TR GLB FD | AT COST | $63,693 | $58,955 |
| GOLDMAN SACHS ETF TRUST EQUAL WEIGHT US ETF | AT COST | $66,177 | $74,442 |
| INDEXIQ ETF TRUST - IQ HEDGE MULTI-STRATEGY TR ETF | AT COST | $20,206 | $21,375 |
| INDEXIQ ETF TRUST - IQ MERGER ARBITRAGE ETF | AT COST | $23,779 | $27,324 |
| INVESCO EXCHANGE TRADED FD TR S&P VLU MOMN ETF | AT COST | $65,553 | $76,452 |
| INVESCO EXCHANGE TRADED FD TR DYNMC PHRMCTLS ETF | AT COST | $36,983 | $39,414 |
| ISHARES TRUST ASIA 50 ETF | AT COST | $25,783 | $28,050 |
| JANUS DETROIT STREET TRUST HENDRSN SHRT ETF | AT COST | $75,753 | $75,789 |
| JP MORGAN DIVERSIFIED ET ETF | AT COST | $65,753 | $62,076 |
| JP MORGAN ULTRA-SHORT INCOME ETF | AT COST | $92,253 | $92,842 |
| JP MORGAN DIVERSIFIED EQT ETF | AT COST | $43,135 | $48,660 |
| PIMCO EQUITY SERIES RAFI DYN EMERG ETF | AT COST | $88,216 | $88,377 |
| PIMCO ETF TRUST ACTIVE BD ETF | AT COST | $68,693 | $69,969 |
| VANECK VECTORS ETF TRUST MORNINGSTAR WIDE ETF | AT COST | $109,601 | $130,924 |
| VANGUARD FTSE SMCAP ETF | AT COST | $41,749 | $44,440 |
| WISDOMTREE TRUST FUTURE STRAT FD ETF | AT COST | $17,356 | $16,023 |
| AMERICAN FUNDS BALANCED F2 | AT COST | $42,002 | $46,685 |
| AMERICAN FUNDS GLOBAL BAL F2 | AT COST | $42,276 | $47,073 |
| AMERICAN FUNDS BOND FUND OF AMERICA F2 | AT COST | $26,415 | $27,387 |
| AMERICAN FUNDS CAPITAL WORLD GROWTH & INC F2 | AT COST | $24,341 | $28,499 |
| AMERICAN FUNDS NEW PERSPECTIVE F2 | AT COST | $15,994 | $19,016 |
| AMERICAN FUNDS WA MUTUAL INVESTORS F2 | AT COST | $16,715 | $18,826 |
| BNY MELLON GLOBAL FIXED INCOME I | AT COST | $41,588 | $44,080 |
| DOUBLELINE FUNDS TOTAL RET BOND I | AT COST | $64,312 | $65,368 |
| PIMCO INVESTMENTS INCOME INST | AT COST | $65,360 | $65,959 |
| VANGUARD FTSE ALL WLD EX-US IDX ADMRL | AT COST | $37,491 | $40,267 |
| VANGUARD INTERMEDIATE TERM BOND INDEX - ADMIRAL | AT COST | $64,416 | $67,426 |
| VANGUARD DEVELOPED MKTS INDEX - ADMIRAL | AT COST | $32,721 | $33,261 |
| VANGUARD MID CAP INDEX ADMIRAL | AT COST | $52,688 | $58,781 |
| VANGUARD GROWTH INDEX ADMIRAL | AT COST | $89,630 | $133,791 |
| VANGUARD SMALL-CAP INDEX ADMIRAL | AT COST | $27,108 | $35,703 |
| VANGUARD 500 INDEX ADMIRAL | AT COST | $62,800 | $72,351 |
| VICTORY FUNDS MKT NEUTRAL INCOME I | AT COST | $42,747 | $42,670 |
| WEITZ FUNDS SHORT DURATION INCOME INST | AT COST | $77,000 | $77,310 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ATTORNEY FEES | CategoryTxt |
| Legal Fees | $593 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEFERRED COOP EQUITY | $834 | $834 | $834 |
| DIVIDENDS RECEIVABLE | $2,451 | $2,508 | $2,508 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $33 | $0 | $0 |
| FARM MANAGEMENT FEES | $1,191 | $1,191 | $0 |
| GRAIN TAX | $18 | $18 | $0 |
| REAL ESTATE TAXES | $10,596 | $10,596 | $0 |
| DRYING | $265 | $265 | $0 |
| STORAGE AND HANDLING | $1,005 | $1,005 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME | Desc |
| Revenue And Expenses Per Books | $144 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $144 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $144 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $16,549 | Amt |
| Net Investment Income | $16,549 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $1,270 | $1,270 | $0 |
| FEDERAL EXCISE TAX | $3,337 | $0 | $0 |
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