ANN A MERGENS FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ANN A MERGENS FOUNDATION INC (EIN 27-4113304)
- Tax period
- 2018-09-01 to 2019-08-31
- Filed
- 2020-01-06
- IRS object ID
- 202010079349100211
- Schema version
- 2018v3.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-06T06:06:12-08:00 | ReturnTs |
| Tax Period End | 2019-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tapia & Huckabay PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 38 | AddressLine1Txt |
| City | Vergennes | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05491 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274113304 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ann A Mergens Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ANNA | BusinessNameControlTxt |
| Phone | 8028635933 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 662 | AddressLine1Txt |
| City | Shelburne | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05482 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul G Mergens | PersonNm |
| Person Title | Vice-President | PersonTitleTxt |
| Phone | 8028635933 | PhoneNum |
| Signature | 2019-12-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | William S Huckabay CPA | PreparerPersonNm |
| PTIN | P00154308 | PTIN |
| Phone | 8028707086 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $7,043,587 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $11,698 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11,698 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $118,663 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $118,663 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $198,280 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,351,280 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $198,280 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $328,641 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $328,641 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $20,942 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $20,942 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $0 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,545 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $773 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $772 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,931 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,931 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,701 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $66,248 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,926 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $47,322 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $100,367 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,630 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $69,036 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $270,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $270,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $370,367 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,630 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $339,036 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$41,726 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $301,011 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $16,650 | CashBOYAmt |
| Cash EOY | $9,215 | CashEOYAmt |
| Cash EOYFMV | $9,215 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,836,968 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $88,523 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $88,523 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $3,327,039 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,683,391 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,133,205 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,432,898 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,790,701 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,812,644 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,613,555 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,571,830 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,043,587 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $6,613,555 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,571,830 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,613,555 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,571,830 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,613,555 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,571,830 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,613,555 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$41,726 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1 | OtherIncreasesAmt |
| Subtotal | $6,571,830 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,571,830 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2018-08-31 | AcquiredDt |
| Sold | 2019-08-31 | SoldDt |
| Gross Sales Price | $1,351,280 | GrossSalesPriceAmt |
| Depreciation | $0 | DepreciationAmt |
| Cost Or Other Basis | $1,153,000 | CostOrOtherBasisAmt |
| Gain Or Loss | $198,280 | GainOrLossAmt |
| FMV As Of123169 | $0 | FMVAsOf123169Amt |
| Adjusted Basis As Of123169 | $0 | AdjustedBasisAsOf123169Amt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $198,280 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $198,280 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $420,786 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,286,993 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.057745 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $375,904 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,228,979 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.052000 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $260,530 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,283,595 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049309 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $51,435 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,019,990 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.050427 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $49,683 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,046,449 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047478 | DistributionYr5Rt |
| Total Distribution | 0.256959 | TotalDistributionRt |
| Average Distribution | 0.051392 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,936,884 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $356,500 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,010 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $359,510 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $339,036 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,020 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,020 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,020 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,800 | EstimatedPlusOvpmtIncmTxAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,800 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $2,800 | OriginalReturnTaxPaidAmt |
| Tax Due | $3,220 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 | VT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Paul G Mergens | IndividualWithBooksNm |
| Phone | 8028635933 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 662 | AddressLine1Txt |
| City | Shelburne | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05482 | 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 | Yes (true) | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Mary Mergens-Loughran | ||||||||
| PO Box 662 | Shelburne | VT | 05482 | President/Treasurer, Exec. Director | 5.00 | $20,942 | $0 | $0 |
| Paul G Mergens | ||||||||
| PO Box 662 | Shelburne | VT | 05482 | Vice-President | 2.00 | $0 | $0 | $0 |
| William H Wiltshire | ||||||||
| PO Box 633 | Milton | VT | 05468 | Secretary | 2.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,526,557 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $515,965 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,042,522 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,042,522 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $105,638 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,936,884 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $346,844 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $346,844 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,020 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $0 | IncomeTaxAmt |
| Total Tax | $6,020 | TotalTaxAmt |
| Distributable Before Adj | $340,824 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $340,824 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $340,824 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $339,036 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $339,036 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $339,036 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $340,824 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $26,879 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $26,879 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $339,036 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $339,036 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,788 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,788 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $25,091 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $25,091 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $25,091 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Mary Mergens-Loughran | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 662 | AddressLine1Txt |
| City | Shelburne | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05482 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8028635933 | RecipientPhoneNum |
| Form And Info And Materials | Any form of application is acceptable. Include organizational information and intended charitable use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Live Like Jake Foundation | ||||||
| PO Box 31652 | West Palm Beach | FL | 33420 | PC | GeneralOperatingSupport | $55,000 |
| Sara Holbrook Center | ||||||
| 66 North Avenue | Burlington | VT | 05401 | PC | SummerYouthPrograms | $10,000 |
| Burlington City Arts | ||||||
| 135 Church Street | Burlington | VT | 05401 | PC | Art fromthe HeartProgram | $25,000 |
| Shelburne Farms | ||||||
| 1161 Harbor Road | Shelburne | VT | 05482 | PC | Farm BarnFacility &Programming | $25,000 |
| Stern Center | ||||||
| 183 Talcott Road | Williston | VT | 05495 | PC | Neil ShapiroScholarshipFund | $25,000 |
| Champlain College | ||||||
| PO Box 670 | Burlington | VT | 05402 | PC | For theScholarshipProgram | $25,000 |
| Center for Creative Education | ||||||
| 425 24th Street | West Palm Beach | FL | 33407 | PC | GeneralOperatingSupport | $25,000 |
| Andrew Red Harris Foundation | ||||||
| 18230 River Oaks Drive | Jupiter | FL | 33458 | PC | GeneralOperatingSupport | $25,000 |
| Loggerhead Marine Life Center | ||||||
| 14200 US Highway 1 | North Palm Beach | FL | 33408 | PC | For theCapitalCampaign | $25,000 |
| Greater Burlington YMCA | ||||||
| 266 College Street | Burlington | VT | 05401 | PC | For theCapitalCampaign | $10,000 |
| The Howard Center | ||||||
| 208 Flynn Avenue Suite 3J | Burlington | VT | 05401 | PC | Family& YouthPrograms | $10,000 |
| Busch Wildlife Sanctuary | ||||||
| 2500 Jupiter Park Drive | Jupiter | FL | 33458 | PC | GeneralOperatingSupport | $5,000 |
| Sea Turtle Adventures | ||||||
| 721 US Route One | North Palm Beach | FL | 33408 | PC | GeneralOperatingSupport | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $270,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,698 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $118,663 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $198,280 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $328,641 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $328,641 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Vermont CPA Firm Accounting & Tax Preparation | CategoryTxt |
| Amt | $1,545 | Amt |
| Net Investment Income | $773 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $772 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Publicly Traded Securities | AssetDesc |
| Acquired | 2018-08 | AcquiredDt |
| How Acquired | Purchased | HowAcquiredTxt |
| Sold | 2019-08 | SoldDt |
Purchaser Name PurchaserNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Unrelated Third Parties | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | $1,351,280 | GrossSalesPriceAmt |
| Basis | $1,153,000 | BasisAmt |
| Basis Method | Cost | BasisMethodTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | $198,280 | TotalNetAmt |
| Accumulated Depreciation | $0 | AccumulatedDepreciationAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (16 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 32,088 OW Fixed Income Fund | $362,221 | $369,327 |
| 67,388 OW Fixed Income Fund | $756,608 | $775,634 |
| 4,256 DoubleLine Total Return Bond Fund I | $45,682 | $46,050 |
| 1,780 Loomis Sayles Bond Fund | $26,120 | $24,268 |
| 2,336 Osterweis Strategic Income Fund | $26,929 | $25,878 |
| 3,610 T. Rowe Price Institutional Floating Rate Bond Fund | $36,489 | $35,491 |
| 4,315 Vanguard Short-Term Investment Grade Admiral Fund | $44,837 | $46,477 |
| 1,736 Vanguard Short-Term Bond Index Admiral Fund | $18,428 | $18,440 |
| 3,097 Vanguard Total Bond Market Index Admiral Fund | $33,387 | $34,718 |
| 2,315 Doubleline Funds Total Return Bond Fund | $25,000 | $25,046 |
| 3,392 Guggenheim Macro Opportunities Institutional Bond Fund | $90,000 | $87,931 |
| 6,662 Loomis Sayles Institutional Bond Fund | $90,000 | $90,799 |
| 8,007 Osterweis Strategic Income Fund | $90,000 | $88,719 |
| 9,018 T. Rowe Price Institutional Floating Rate Fund | $90,000 | $88,647 |
| 2,793 Vanguard Short Term Investment Grade Bond Fund | $30,000 | $30,084 |
| 2,242 Vanguard Total Bond Market Index Admiral Fund | $25,000 | $25,135 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (35 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 42,876sh OW Large Cap Strategies Fund | $457,556 | $628,561 |
| 14,276sh OW Small & MidCap Strategies Fund | $171,243 | $214,425 |
| 23,204sh OW Multi-Asset Opportunities Fund | $147,870 | $171,480 |
| 90,615sh OW Large Cap Strategies Fund | $1,149,350 | $1,328,413 |
| 30,171sh OW Small & MidCap Strategies Fund | $463,460 | $453,170 |
| 48,732sh OW Multi-Asset Opportunities Fund | $342,808 | $360,132 |
| 205sh Vanguard Health Care ETF | $35,070 | $34,778 |
| 165sh Vanguard Information Technology EFT | $35,171 | $35,237 |
| 1,382sh Baron Emerging Markets Institutional Fund | $15,908 | $18,524 |
| 5,475sh Champlain Mid Cap Growth Fund | $110,000 | $107,646 |
| 262sh Cove Street Capital Small Cap Value Inst. Fund | $9,000 | $8,948 |
| 2,370sh FMI Large Cap Fund | $45,184 | $46,906 |
| 1,506sh Lazard International Strategic Equity Fund | $16,456 | $21,603 |
| 1,272sh Parametric Emerging Markets Fund | $18,567 | $17,372 |
| 1,840sh Touchstone Sands Capital Institutional Growth Fund | $41,598 | $43,317 |
| 1,881sh Vanguard Global Minimum Volume Admiral Fund | $51,740 | $54,581 |
| 527sh Vanguard Growth Index Admiral Fund | $39,324 | $45,155 |
| 228sh Vanguard REIT Index Admiral Fund | $26,624 | $29,935 |
| 310sh Vanguard Small Cap Index Admiral Fund | $21,919 | $22,621 |
| 661sh Vanguard Total International Stock Index Admiral Fund | $16,531 | $17,930 |
| 1,121sh Vanguard Total Stock Market Index Admiral Fund | $72,846 | $81,386 |
| 1,028sh Vanguard Value Index Admiral Fund | $39,856 | $43,525 |
| 129sh Vanguard 500 Index Admiral Fund | $35,000 | $34,920 |
| 729sh Vanguard Growth Index Fund | $111,665 | $121,145 |
| 642sh Vanguard Health Care ETF | $112,286 | $108,915 |
| 581sh Vanguard Information Technology ETF | $111,511 | $124,078 |
| 737sh Vanguard Small Cap ETF | $113,146 | $112,208 |
| 778sh Vanguard Total Stock Market ETF | $111,702 | $115,954 |
| 9,495sh AQR Diversified Arbitrage Fund | $90,000 | $88,006 |
| 6,707sh Champlain Mid Cap Growth Fund | $130,000 | $131,855 |
| 4,939sh FMI Large Cap Fund | $110,000 | $97,750 |
| 1,293sh Harbor Funds Capital Appreciation Institutional Fund | $100,000 | $96,172 |
| 1,285sh Oakmark Fund | $110,000 | $97,882 |
| 4,448sh Touchstone Funds Sand Cap Growth Fund | $110,000 | $104,707 |
| 3,929sh Vanguard Global Minimum Volume Admiral Fund | $110,000 | $113,968 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Office Expenses | $387 | $0 | $387 |
| Operating Cost Reimbursement to G.M. Mergens Foundation | $65,861 | $18,926 | $46,935 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| Amt | $1 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Providers Investment Management Services | CategoryTxt |
| Amt | $7,931 | Amt |
| Net Investment Income | $7,931 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Taxes | CategoryTxt |
| Amt | $3,701 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |