BETA

EVERT FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EVERT FOUNDATION (EIN 41-6543299)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202003219349101210
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)
Return2020-11-16T08:04:58-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREDRIKSON & BYRON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 S 6TH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416543299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EVERT FOUNDATIONBusinessNameLine1Txt
Business Name Line2200 SOUTH SIXTH STREETBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEVERBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDSAY E MCCABEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2020-11-11SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L NELSONPreparerPersonNm
PTINP01370507PTIN
Phone6124927000PhoneNum
Preparation2020-11-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address199.45.12.131IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-16IPDt
IP Tm08:04:58IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id620B1F65FCB6984BEE82244264131FF1F4596023AtSubmissionCreationDeviceId
At Submission Filing Device Id08EC2D09779EA240084D9370237A24B48400E9D8AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,978,563FMVAssetsEOYAmt
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$89,972InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$89,972InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$117,756DividendsRevAndExpnssAmt
Dividends Net Invst Incm$117,756DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$49,200NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$285,000GrossSalesPriceAmt
Total Rev And Expnss$158,528TotalRevAndExpnssAmt
Total Net Invst Incm$207,728TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$60,903OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$60,903OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$8,490TaxesRevAndExpnssAmt
Taxes Net Invst Incm$8,490TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$69,393TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$69,393TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$300,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$300,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$369,393TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$69,393TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$300,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$210,865ExcessRevenueOverExpensesAmt
Net Investment Income$138,335NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$354,822CashBOYAmt
Cash EOY$337,162CashEOYAmt
Cash EOYFMV$337,162CashEOYFMVAmt
Corporate Stock BOY$4,865,229CorporateStockBOYAmt
Corporate Stock EOY$6,077,839CorporateStockEOYAmt
Corporate Stock EOYFMV$6,077,839CorporateStockEOYFMVAmt
Corporate Bonds BOY$3,400,859CorporateBondsBOYAmt
Corporate Bonds EOY$3,563,562CorporateBondsEOYAmt
Corporate Bonds EOYFMV$3,563,562CorporateBondsEOYFMVAmt
Total Assets BOY$8,620,910TotalAssetsBOYAmt
Total Assets EOY$9,978,563TotalAssetsEOYAmt
Total Assets EOYFMV$9,978,563TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$8,620,910NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$9,978,563NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$8,620,910TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,978,563TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,620,910TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,978,563TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,620,910TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$210,865ExcessRevenueOverExpensesAmt
Other Increases$1,568,518OtherIncreasesAmt
Subtotal$9,978,563SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,978,563TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income-$49,200CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$426,510AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$7,917,779NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.053867DistributionYr1Rt
Adjusted Qlfy Distri Yr2$322,500AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$6,933,128NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.046516DistributionYr2Rt
Adjusted Qlfy Distri Yr3$471,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$6,544,978NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.071964DistributionYr3Rt
Adjusted Qlfy Distri Yr4$185,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$6,530,585NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.028328DistributionYr4Rt
Adjusted Qlfy Distri Yr5$245,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$6,623,444NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.036990DistributionYr5Rt
Total Distribution0.237665TotalDistributionRt
Average Distribution0.047533AverageDistributionRt
Net Vl Noncharitable Assets$9,160,241NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$435,414AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,383NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$436,797AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$300,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,767InvestmentIncomeExciseTaxAmt
Subtotal$2,767SubtotalAmt
Tax Based On Investment Income$2,767TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,854EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$3,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$7,354TotalPaymentsAndCreditsAmt
Overpayment$4,587OverpaymentAmt
Applied To ES Tax$4,587AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
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
Individual With BooksJOHN L NELSONIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH SIXTH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LINDSAY E MCCABE
5321 MINNEHAHA BOULEVARDEDINAMN554241406TRUSTEE000.00$0$0$0
ANN L MCCABE
5321 MINNEHAHA BOULEVARDEDINAMN554241406TRUSTEE000.00$0$0$0
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$8,953,745AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$345,992AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,299,737TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,299,737AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$139,496CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,160,241NetVlNoncharitableAssetsAmt
Minimum Investment Return$458,012MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$458,012MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,767TaxBasedOnInvestmentIncomeAmt
Total Tax$2,767TotalTaxAmt
Distributable Before Adj$455,245DistributableBeforeAdjAmt
Distributable Before Ded$455,245DistributableBeforeDedAmt
Distributable As Adjusted$455,245DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$300,000ExpensesAndContributionsAmt
Qualifying Distributions$300,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$300,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$455,245DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$165,735ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$47,601ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$213,336TotalExcessDistributionCyovAmt
Qualifying Distributions$300,000QualifyingDistributionsAmt
Applied To Current Year$300,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$155,245ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$155,245ExcessDistributionCyovAppCYAmt
Total Corpus$58,091TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$58,091ExcessDistriCyovToNextYrAmt
Excess From Year3$10,490ExcessFromYear3Amt
Excess From Year1$47,601ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF ST THOMASBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12115 SUMMIT AVENUEAddressLine1Txt
CityST PAULCityNm
State AbbreviationMNStateAbbreviationCd
ZIP551051096ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL USE OF CHARITYGrantOrContributionPurposeTxt
Amt$300,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$300,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$89,972ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$117,756ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$49,200ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$158,528ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$158,528TotalIncomeProducingActyAmt

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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondINVESTMENT ACCOUNTBondNm
EOY Book Value$3,563,562EOYBookValueAmt
EOYFMV$3,563,562EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENT ACCOUNTStockNm
EOY Book Value$6,077,839EOYBookValueAmt
EOYFMV$6,077,839EOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN VALUE OF INVESTMENTSDesc
Amt$1,568,518Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$60,903Amt
Net Investment Income$60,903NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$8,490Amt
Net Investment Income$8,490NetInvestmentIncomeAmt

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