FLOYD H GRANAMAN TR UW FBO OLD THRESHERS FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FLOYD H GRANAMAN TR UW FBO OLD THRESHERS FOUNDATION (EIN 45-6541472)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-14
IRS object ID
202011359349101106
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-14T11:45:22-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN421363298PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MENKE & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1320 N 3RD ST STE 300AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP526015313ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN456541472EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLOYD H GRANAMAN TR UW FBO OLDBusinessNameLine1Txt
Business Name Line2THRESHERS FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFLOYBusinessNameControlTxt
Phone3197542250PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 928AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonF M BANK TRUSTPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3197542250PhoneNum
Signature2020-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY W HENRICHPreparerPersonNm
PTINP01257221PTIN
Phone3197532000PhoneNum
Preparation2020-05-05PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$790,196FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12,565InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$11,907InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12,565InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$16,672DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,672DividendsNetInvstIncmAmt
Dividends Adj Net Incm$16,672DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$25,016NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$204,293GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$25,016CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$54,253TotalRevAndExpnssAmt
Total Net Invst Incm$53,595TotalNetInvstIncmAmt
Total Adj Net Incm$29,237TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$7,654CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$3,827CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$3,827CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$550AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$275AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$275AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$372TaxesRevAndExpnssAmt
Taxes Net Invst Incm$23TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$3,832OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,832OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$12,408TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,957TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,102TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$34,539ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$34,539ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$46,947TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,957TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$38,641TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$7,306ExcessRevenueOverExpensesAmt
Net Investment Income$45,638NetInvestmentIncomeAmt
Adjusted Net Income$29,237AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$122CashBOYAmt
Sav And Temp Cash Invst BOY$10,988SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$33,020SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$33,020SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$15,484USGovernmentObligationsBOYAmt
US Government Obligations EOY$15,245USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$15,259USGovtObligationsEOYFMVAmt
Corporate Stock BOY$241,018CorporateStockBOYAmt
Corporate Stock EOY$264,153CorporateStockEOYAmt
Corporate Stock EOYFMV$356,871CorporateStockEOYFMVAmt
Corporate Bonds BOY$267,178CorporateBondsBOYAmt
Corporate Bonds EOY$228,734CorporateBondsEOYAmt
Corporate Bonds EOYFMV$233,858CorporateBondsEOYFMVAmt
Other Investments BOY$132,617OtherInvestmentsBOYAmt
Other Investments EOY$133,561OtherInvestmentsEOYAmt
Other Investments EOYFMV$151,188OtherInvestmentsEOYFMVAmt
Total Assets BOY$667,407TotalAssetsBOYAmt
Total Assets EOY$674,713TotalAssetsEOYAmt
Total Assets EOYFMV$790,196TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$667,407RetainedEarningBOYAmt
Retained Earning EOY$674,713RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$667,407TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$674,713TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$667,407TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$674,713TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$667,407TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$7,306ExcessRevenueOverExpensesAmt
Subtotal$674,713SubtotalAmt
Tot Net Ast Or Fund Balances EOY$674,713TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
NET STCGP2019-02-192019-10-01$27,422$30,516-$3,094-$3,094
NET LTCGP2017-01-312019-10-01$176,121$148,761$27,360$27,360
FieldValueIRS element (for citing)
Capital Gain Net Income$25,016CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$60,650AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$782,460NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.077512DistributionYr1Rt
Adjusted Qlfy Distri Yr2$10,567AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$775,570NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.013625DistributionYr2Rt
Adjusted Qlfy Distri Yr3$67,741AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$754,178NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.089821DistributionYr3Rt
Adjusted Qlfy Distri Yr4$56,213AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$688,007NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.081704DistributionYr4Rt
Adjusted Qlfy Distri Yr5$14,451AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$723,916NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.019962DistributionYr5Rt
Total Distribution0.282624TotalDistributionRt
Average Distribution0.056525AverageDistributionRt
Net Vl Noncharitable Assets$741,347NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$41,905AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$456NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$42,361AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$38,641QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$913InvestmentIncomeExciseTaxAmt
Subtotal$913SubtotalAmt
Tax Based On Investment Income$913TaxBasedOnInvestmentIncomeAmt
Tax Due$913TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1F & M BANK & TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3197542250PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 928AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52601ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1F & M BANK & TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 928AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52601ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$7,654CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$729,580AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$23,057AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$752,637TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$752,637AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,290CashDeemedCharitableAmt
Net Vl Noncharitable Assets$741,347NetVlNoncharitableAssetsAmt
Minimum Investment Return$37,067MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$37,067MinimumInvestmentReturnAmt
Tax Based On Investment Income$913TaxBasedOnInvestmentIncomeAmt
Total Tax$913TotalTaxAmt
Distributable Before Adj$36,154DistributableBeforeAdjAmt
Distributable Before Ded$36,154DistributableBeforeDedAmt
Distributable As Adjusted$36,154DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$38,641ExpensesAndContributionsAmt
Qualifying Distributions$38,641QualifyingDistributionsAmt
Adjusted Qualifying Distri$38,641AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$36,154DistributableAsAdjustedAmt
Undistributed Income PY$34,539UndistributedIncomePYAmt
Qualifying Distributions$38,641QualifyingDistributionsAmt
Applied To Year1$34,539AppliedToYear1Amt
Applied To Current Year$4,102AppliedToCurrentYearAmt
Undistributed Income CY$32,052UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonOLD THRESHERS FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1405 E THREASHERS ROADAddressLine1Txt
CityMT PLEASANTCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52641ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusNON PROFITRecipientFoundationStatusTxt
Grant Or Contribution PurposeOPERATIONS OF NON PROFIT ENTITYGrantOrContributionPurposeTxt
Amt$34,539Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$34,539TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,565ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,672ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$25,016ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$54,253ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$54,253TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$550Amt
Net Investment Income$275NetInvestmentIncomeAmt
Disbursements Charitable Prps$275DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm
EOY Book Value$228,734EOYBookValueAmt
EOYFMV$233,858EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$264,153EOYBookValueAmt
EOYFMV$356,871EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
State Local Sec Book Vl EOY$15,245StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$15,259StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$133,561BookValueAmt
EOYFMV$151,188EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BOND AMORTIZATION$3,832$3,832

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX$23$23
990PF TAX$349

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