ELMAR FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ELMAR FAMILY FOUNDATION (EIN 27-1454722)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-20
- IRS object ID
- 202032029349100408
- 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
- Schedule B
- Distribution From Corpus Election
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-20T12:14:19-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410721734 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LURIE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2501 WAYZATA BOULEVARD | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55405 | 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 | 271454722 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT AND MARLYS BADZIN FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION C/O MARSHALL LEHMAN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELLI | BusinessNameControlTxt |
| Phone | 6514057855 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1380 CORPORATE CENTER CURVE NO 20 | AddressLine1Txt |
| City | EAGAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55121 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELLIOT BADZIN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6514057612 | PhoneNum |
| Signature | 2020-07-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NATHAN F SHUBERT | PreparerPersonNm |
| PTIN | P01232980 | PTIN |
| Phone | 6123774404 | PhoneNum |
| Preparation | 2020-07-20 | 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 | $514,545 | 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 | $1,545,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $13,095 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $13,095 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $84,110 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $869,567 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $84,110 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,642,205 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $97,205 | 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 | $729 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $7,997 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,997 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,394 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,369 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,135 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $12,381 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $25 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,737,806 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,737,806 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,750,941 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $12,381 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,737,831 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$108,736 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $84,824 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $22,736 | CashBOYAmt |
| Cash EOY | $26,396 | CashEOYAmt |
| Cash EOYFMV | $26,396 | CashEOYFMVAmt |
| Other Assets BOY | $569,990 | OtherAssetsBOYAmt |
| Other Assets EOY | $457,594 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $488,149 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $592,726 | TotalAssetsBOYAmt |
| Total Assets EOY | $483,990 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $514,545 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $592,726 | RetainedEarningBOYAmt |
| Retained Earning EOY | $483,990 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $592,726 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $483,990 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $592,726 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $483,990 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $592,726 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$108,736 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $483,990 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $483,990 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| GENWORTH #4907 DETAILS AVAILABLE UPON REQUEST | P | 2019-12-31 | $285,521 | $283,965 | $1,556 | $1,556 |
| GENWORTH #4907 DETAILS AVAILABLE UPON REQUEST | P | 2019-12-31 | $96,157 | $79,437 | $16,720 | $16,720 |
| GENWORTH #4908 DETAILS AVAILABLE UPON REQUEST | P | 2019-12-31 | $43,345 | $42,903 | $442 | $442 |
| GENWORTH #4908 DETAILS AVAILABLE UPON REQUEST | P | 2019-12-31 | $93,961 | $73,333 | $20,628 | $20,628 |
| UBS #52880 DETAILS AVAILALBE UPON REQUEST | P | 2019-12-31 | $132,264 | $131,870 | $394 | $394 |
| UBS #52880 DETAILS AVAILALBE UPON REQUEST | P | 2019-12-31 | $209,515 | $173,949 | $35,566 | $35,566 |
| CAPITAL GAINS DIVIDENDS | P | $8,804 | $8,804 | $8,804 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $84,110 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $81,584 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $726,429 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.112308 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $153,505 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $783,258 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.195983 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $80,816 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $767,664 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.105275 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $49,705 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $859,271 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.057846 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $24,525 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $817,940 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.029984 | DistributionYr5Rt |
| Total Distribution | 0.501396 | TotalDistributionRt |
| Average Distribution | 0.100279 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $636,024 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $63,780 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $848 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $64,628 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,737,831 | 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 | $848 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $848 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $848 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $799 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $799 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $49 | 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 | MN | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ELLIOTT BADZIN | IndividualWithBooksNm |
| Phone | 6514057612 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1380 CORPORATE CENTER CURVE SUITE | AddressLine1Txt |
| Address Line2 | 200 | AddressLine2Txt |
| City | EAGAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55121 | 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 | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| ELLIOTT BADZIN | |||||||||
| 1380 CORPORATE CENTER CURVE SUITE | 200 | EAGAN | MN | 55121 | CFO/ TREASURER | 1.00 | $0 | $0 | $0 |
| MARLYS BADZIN | |||||||||
| 1380 CORPORATE CENTER CURVE SUITE | 200 | EAGAN | MN | 55121 | CEO/ PRESIDENT | 1.00 | $0 | $0 | $0 |
| FARLEY KAUFMANN | |||||||||
| 2501 WAYZATA BLVD | MINNEAPOLIS | MN | 55405 | DIRECTOR | 1.00 | $0 | $0 | $0 | |
| RICHARD KELBER | |||||||||
| 150 S 5TH STREET SUITE 1200 | MINNEAPOLIS | MN | 55402 | DIRECTOR | 1.00 | $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 |
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 | $589,028 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $56,682 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $645,710 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $645,710 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,686 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $636,024 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $31,801 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $31,801 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $848 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $848 | TotalTaxAmt |
| Distributable Before Adj | $30,953 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $30,953 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $30,953 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,737,831 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,737,831 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $848 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,736,983 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $30,953 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $8,388 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $42,556 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $115,569 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $46,145 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $212,658 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,737,831 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $30,953 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,706,878 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,919,536 | 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 | $1,919,536 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $8,388 | ExcessFromYear4Amt |
| Excess From Year3 | $42,556 | ExcessFromYear3Amt |
| Excess From Year2 | $115,569 | ExcessFromYear2Amt |
| Excess From Year1 | $46,145 | ExcessFromYear1Amt |
| Excess From Current Year | $1,706,878 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELLIOTT BADZIN | ContributingManagerNm |
| Contributing Manager | MARLYS BADZIN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AGAMIM CLASSICAL ACADEMY | ||||||
| 1503 BOYCE STREET | HOPKINS | MN | 55343 | PUBLIC CHARITY | GENERAL FUNDING | $60,000 |
| BARC SHELTER | ||||||
| 253 WYTHE AVENUE | BROOKLYN | NY | 11249 | PUBLIC CHARITY | GENERAL FUNDING | $1,000 |
| FRIENDS OF ARAVA INSTITUTE | ||||||
| 1320 CENTRE STREET SUITE 206 | NEWTON CENTRE | MA | 02459 | PUBLIC CHARITY | GENERAL FUNDING | $5,000 |
| HERZL CAMP FOUNDATION | ||||||
| 4330 SOUTH CEDAR LAKE ROAD | ST LOUIS PARK | MN | 55416 | PUBLIC CHARITY | GENERAL FUNDING | $1,580,306 |
| JEWISH HOUSING AND PROGRAMMING | ||||||
| 13100 WAYZATA BLVD | MINNETONKA | MN | 55305 | PUBLIC CHARITY | GENERAL FUNDING | $5,000 |
| SAGER SOLOMON SCHECTER DAY SCHOOL | ||||||
| 3210 DUNDEE RD | NORTHBROOK | IL | 60062 | PUBLIC CHARITY | GENERAL FUNDING | $7,500 |
| THE ISRAEL BRIDGE | ||||||
| 3531 OAKTON DRIVE 3002 | MINNETONKA | MN | 55305 | PUBLIC CHARITY | GENERAL FUNDING | $500 |
| THE MISSION CONTINUES | ||||||
| 1141 SOUTH 7TH STREET | ST LOUIS | MO | 63104 | PUBLIC CHARITY | GENERAL FUNDING | $1,500 |
| AMERICA GIVES ADOPT A HOLOCAUST SURVIVOR CAMPAIGN | ||||||
| PO BOX 3263 | WASHINGTON | DC | 20010 | PUBLIC CHARITY | GENERAL FUNDING | $60,000 |
| AMERICA GIVES BEIT KNESSET 126 | ||||||
| PO BOX 3263 | WASHINGTON | DC | 20010 | PUBLIC CHARITY | GENERAL FUNDING | $5,000 |
| HEILICHER JEWISH DAY SCHOOL | ||||||
| 4330 SOUTH CEDAR LAKE ROAD | MINNEAPOLIS | MN | 55416 | PUBLIC CHARITY | GENERAL FUNDING | $1,800 |
| JCRC | ||||||
| 12 N 12TH STREET SUITE 480 | MINNEAPOLIS | MN | 55403 | PUBLIC CHARITY | GENERAL FUNDING | $1,000 |
| JEWFOLK INC | ||||||
| 4330 SOUTH CEDAR LAKE ROAD | MINNEAPOLIS | MN | 55416 | PUBLIC CHARITY | GENERAL FUNDING | $1,800 |
| MINNEAPOLIS JEWISH FEDERATION | ||||||
| 111 CHESHIRE LANE SUITE 50 | MINNETONKA | MN | 55305 | PUBLIC CHARITY | GENERAL FUNDING | $1,800 |
| MINNESOTA JEWISH THEATRE COMPANY | ||||||
| PO BOX 16155 | ST PAUL | MN | 55116 | PUBLIC CHARITY | GENERAL FUNDING | $1,000 |
| MINNESOTANS AGAINST TERRORISM | ||||||
| PO BOX 368 | HOPKINS | MN | 55343 | PUBLIC CHARITY | GENERAL FUNDING | $2,100 |
| AMERICAN FRIENDS OF SHALVA ISRAEL INC | ||||||
| 315 FIFTH AVENUE SIXTH FLOOR | NEW YORK | NY | 10016 | PUBLIC CHARITY | GENERAL FUNDING | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,737,806 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,095 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $84,110 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $97,205 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $97,205 | 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 |
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 | ELLIOTT AND MARLYS BADZIN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1380 CORPORATE CENTER CURVE 200 | AddressLine1Txt |
| City | EAGAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,545,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE SOAR FOUNDATION HEREBY ELECTS TO TREAT THE QUALIFYING DISTRIBUTIONS OF $153,480 MADE DURING THE 2017 CALENDAR YEAR, AS DISTRIBUTIONS OUT OF CORPUS. | ElectionDesc |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $729 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT ACCOUNTS | Desc |
| BOY Book Value | $569,990 | BOYBookValueAmt |
| EOY Book Value | $457,594 | EOYBookValueAmt |
| EOYFMV | $488,149 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE OF MN REGISTRATION | $25 | $0 | $25 |
| BASIS ADJUSTMENT | $4,369 | $4,369 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $7,997 | Amt |
| Net Investment Income | $7,997 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $15 | Amt |
| Net Investment Income | $15 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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