The Klungness Family Foundation Inc: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- The Klungness Family Foundation Inc (EIN 01-0791882)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-11
- IRS object ID
- 202041639349101354
- 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
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-11T15:49:35-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010791882 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Klungness Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | KLUN | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRAIG A KLUNGNESS | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-05-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| 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 | $2,247,407 | 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 | $2,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,635 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,635 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,912 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,912 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$4,980 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $97,813 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,000,567 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,547 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Taxes Rev And Expnss | $317 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,025 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,025 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,342 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,025 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $53,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $53,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $58,342 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $58,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,942,225 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,547 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $70,381 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $669,205 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $669,205 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations EOY | $496,248 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $496,395 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $202,032 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,049,185 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,081,807 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $272,413 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,214,638 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,247,407 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $272,413 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,214,638 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $272,413 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,214,638 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $272,413 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,214,638 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $272,413 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,942,225 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,214,638 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,214,638 | 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 |
| Gross Sales Price | $97,813 | GrossSalesPriceAmt |
| Cost Or Other Basis | $102,793 | CostOrOtherBasisAmt |
| Gain Or Loss | -$4,980 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$4,980 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$4,980 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $13,097 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $279,454 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046866 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $12,325 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $274,535 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044894 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $11,025 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $254,507 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.043319 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $11,025 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $265,129 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.041584 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $12,025 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $269,449 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.044628 | DistributionYr5Rt |
| Total Distribution | 0.221291 | TotalDistributionRt |
| Average Distribution | 0.044258 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $740,441 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $32,770 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $55 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $32,825 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $58,025 | 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 | $55 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $55 | SubtotalAmt |
| Tax Based On Investment Income | $55 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $55 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Katharine T Alvord | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 2.0 | $0 | $0 | $0 |
| James A Klungness | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| Kraig Klungness | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP*, Pres | 1.0 | $0 | $0 | $0 |
| Barbara Klungness Anderson | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Nelson Sommerfeldt | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $326,787 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $424,930 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $751,717 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $751,717 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,276 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $740,441 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $37,022 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $37,022 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $55 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $55 | TotalTaxAmt |
| Distributable Before Adj | $36,967 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $36,967 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $36,967 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $58,025 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $58,025 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $55 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $57,970 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $36,967 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $13,356 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Qualifying Distributions | $58,025 | QualifyingDistributionsAmt |
| Applied To Year1 | $13,356 | AppliedToYear1Amt |
| Applied To Current Year | $36,967 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,702 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,702 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $7,702 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $7,702 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | James A Klungness | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BAY CLIFF HEALTH CAMP | |||||||
| PO BOX 310 | BIG BAY | MI | 49808 | N/A | PC | General & Unrestricted | $3,000 |
| CARING HOUSE INC | |||||||
| 1305 PROSPECT AVE | IRON MOUNTAIN | MI | 49801 | N/A | PC | General & Unrestricted | $3,000 |
| CHEMICAL SENSITIVITY FOUNDATION | |||||||
| PO BOX 283 | TOPSHAM | ME | 04086 | N/A | PC | General & Unrestricted | $500 |
| COPPER COUNTRY HUMANE SOCIETY | |||||||
| PO BOX 453 | HOUGHTON | MI | 49931 | N/A | PC | General & Unrestricted | $2,000 |
| COPPER HARBOR TRAILS SOCIETY INC | |||||||
| PO BOX 37 | COPPER HARBOR | MI | 49918 | N/A | PC | General & Unrestricted | $3,000 |
| ECOLOGICAL OPTIONS NETWORK | |||||||
| PO BOX 1047 | BOLINAS | CA | 94924 | N/A | PC | Projects to educate about the effects of digital technologies and electromagnetic fields | $7,500 |
| FINLANDIA UNIVERSITY | |||||||
| 601 QUINCY ST | HANCOCK | MI | 49930 | N/A | PC | to purchase hard copy print resources by the Maki Library | $2,500 |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| PO BOX 231 | HOUGHTON | MI | 49931 | N/A | PC | Houghton County Branch program | $2,500 |
| KEWEENAW COMMUNITY FOUNDATION | |||||||
| 236 QUINCY ST | HANCOCK | MI | 49930 | N/A | PC | Houghton Energy Efficiency Team | $3,000 |
| KEWEENAW LAND TRUST INC | |||||||
| 101 QUINCY ST 303 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $3,000 |
| MENOMINEE RANGE HISTORICAL FOUNDATION | |||||||
| PO BOX 237 | IRON MOUNTAIN | MI | 49801 | N/A | PC | General & Unrestricted | $1,000 |
| MOTHERS AGAINST DRUNK DRIVING | |||||||
| 511 E JOHN CARPENTER FREEWAY STE 70 | IRVING | TX | 75062 | N/A | PC | General & Unrestricted | $1,000 |
| NATIONAL PUBLIC RADIO INC | |||||||
| PO BOX 791490 | BALTIMORE | MD | 21279 | N/A | PC | General & Unrestricted | $500 |
| PINE MOUNTAIN MUSIC FESTIVAL INC | |||||||
| 200 MICHIGAN ST STE 327 | HANCOCK | MI | 49930 | N/A | PC | General & Unrestricted | $500 |
| PLANNED PARENTHOOD OF MICHIGAN | |||||||
| 950 VICTORS WAY STE 100 | ANN ARBOR | MI | 48108 | N/A | PC | General & Unrestricted | $2,000 |
| REID PARK ZOOLOGICAL SOCIETY | |||||||
| 1030 S RANDOLPH WAY | TUCSON | AZ | 85716 | N/A | PC | Elephants funds and General & Unrestricted | $2,500 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 262 DANNY THOMAS PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $2,500 |
| SWAN VIEW COALITION INC | |||||||
| 3165 FOOTHILL RD | KALISPELL | MT | 59901 | N/A | PC | General & Unrestricted | $2,500 |
| THE SIERRA FUND | |||||||
| 103 PROVIDENCE MINE RD | NEVADA CITY | CA | 95959 | N/A | PC | mercury remediation Project | $1,000 |
| VITAL GROUND FOUNDATION INC | |||||||
| 20 FORT MISSOULA RD | MISSOULA | MT | 59804 | N/A | PC | Bear Habitat Preservation fund | $2,500 |
| WILDERNESS WATCH INC | |||||||
| PO BOX 9175 | MISSOULA | MT | 59807 | N/A | PC | General & Unrestricted | $6,000 |
| WIRELESS EDUCATION ACTION | |||||||
| 1345 SE BIDWELL ST | PORTLAND | OR | 97202 | N/A | PC | General & Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $53,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,635 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,912 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$4,980 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $567 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $567 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | James A Klungness Irrevocable TA | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 516 | AddressLine1Txt |
| City | Houghton | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49931 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (2 entries)
| Short ExplanationShortExplanationTxt |
|---|
| James A Klungness |
| *DECEASED IN 2019 |
| Kraig Klungness |
| *REMOVED FROM POSITION IN 2019 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COHEN & STEERS RLTY INCM CL A | $8,279 | $9,245 |
| ISHARES SHORT TERM CORPORATE B | $249,951 | $250,184 |
| JP MORGAN CORE BOND FUND | $27,821 | $30,635 |
| JP MORGAN SMALL CAP EQUITY INS | $33,628 | $64,677 |
| JPMORGAN HIGH YIELD BOND FUND | $12,662 | $11,241 |
| TEMPLETON DEVELOPING MARKETS T | $16,849 | $14,805 |
| VANGUARD FTSE EUROPEAN ETF | $50,026 | $50,396 |
| VANGUARD HIGH DIV YIELD | $100,010 | $99,989 |
| VANGUARD INT TRM BD | $250,024 | $249,798 |
| VANGUARD TOTAL INTERNATIONAL S | $299,935 | $300,837 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $496,248 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $496,395 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $5,000 | $5,000 |
| State or Local Filing Fees | $25 | $25 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James A Klungness Irrevocable TA | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 516 | AddressLine1Txt |
| City | Houghton | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49931 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Excise Tax for 2018 | CategoryTxt |
| Amt | $317 | Amt |