THE FRANK AND MARGARET RACE FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE FRANK AND MARGARET RACE FOUNDATION INC (EIN 42-0925360)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-02
- IRS object ID
- 202011549349100516
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-02T13:38:04-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363168081 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIKICH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13400 BISHOPS LANE SUITE 300 | AddressLine1Txt |
| City | BROOKFIELD | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53005 | 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 | 420925360 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FRANK AND MARGARET RACE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 3193667300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 3RD AVE SE NO 269 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PRESIDENT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3193667300 | PhoneNum |
| Signature | 2020-06-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES B BOUTELLE CPA | PreparerPersonNm |
| PTIN | P01794129 | PTIN |
| Phone | 2627549400 | PhoneNum |
| Preparation | 2020-06-01 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.209.117.46 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-06-02 | IPDt |
| IP Tm | 09:23:06 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 934FC65FEE8495E85B690041CFEAE27130F8D972 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,368,192 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $41,836 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $42,897 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $56,246 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $533,342 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $47,516 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,939 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,017 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $101,021 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $99,430 | 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 |
| Other Prof Fees Rev And Expnss | $22,214 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $19,339 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,875 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,451 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $589 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $201 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $201 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $23,866 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,928 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,076 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $104,335 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $104,335 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $128,201 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,928 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $107,411 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$27,180 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $79,502 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,711 | CashBOYAmt |
| Cash EOY | $5,123 | CashEOYAmt |
| Cash EOYFMV | $5,123 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $89,289 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $103,078 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $103,078 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,759,657 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,131,609 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,131,609 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $146,339 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $128,382 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $128,382 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,996,996 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,368,192 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,368,192 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,996,996 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,368,192 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,996,996 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,368,192 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,996,996 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,368,192 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,996,996 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$27,180 | ExcessRevenueOverExpensesAmt |
| Other Increases | $398,376 | OtherIncreasesAmt |
| Subtotal | $2,368,192 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,368,192 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - LPL 2906 | $130,699 | $118,389 | $12,310 | $12,310 | |
| PUBLICLY TRADED SECURITIES - CHARLES SCHWAB | $399,078 | $355,540 | $43,538 | $43,538 | |
| PUBLICLY TRADED SECURITIES - LPL 0474 | $3,139 | $11,897 | -$8,758 | -$8,758 | |
| CAPITAL GAINS DIVIDENDS | $426 | $426 | $426 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $47,516 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $103,575 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,108,331 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049127 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $104,650 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,019,509 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051820 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $97,678 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,605,855 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.060826 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $89,764 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,339,023 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.067037 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $63,647 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,327,796 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047934 | DistributionYr5Rt |
| Total Distribution | 0.276744 | TotalDistributionRt |
| Average Distribution | 0.055349 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,227,780 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $123,305 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $795 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $124,100 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $107,411 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,590 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,590 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,590 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,640 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,640 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $50 | OverpaymentAmt |
| Applied To ES Tax | $50 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | IA | 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 | JOSEPH R RUSSO | IndividualWithBooksNm |
| Phone | 3193667300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 2ND STREET SE SUITE 200 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH R RUSSO | ||||||||
| 230 2ND ST SE | CEDAR RAPIDS | IA | 52401 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| ALAN BRINKMAN | ||||||||
| 2335 LINDEN DR SE | CEDAR RAPIDS | IA | 52403 | SEC'Y/TREAS | 1.00 | $0 | $0 | $0 |
| DAWN MCDANIEL | ||||||||
| 425 SE 19TH ST | CAPE CORAL | FL | 33990 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SUSIE HARRISON | ||||||||
| 46-560A ARAPHOE | INDIAN WELLS | CA | 92210 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| TONI BAIN | ||||||||
| 230 2ND ST SE | CEDAR RAPIDS | IA | 52401 | BOARD MEMBER | 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 | $2,070,450 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $83,653 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $107,603 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,261,706 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,261,706 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,926 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,227,780 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $111,389 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $111,389 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,590 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,590 | TotalTaxAmt |
| Distributable Before Adj | $109,799 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $109,799 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $109,799 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $107,411 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $107,411 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $107,411 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $109,799 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,331 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $23,605 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $17,605 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,834 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $48,375 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $107,411 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $107,411 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,388 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,388 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $45,987 | 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 | $45,987 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $22,548 | ExcessFromYear4Amt |
| Excess From Year3 | $17,605 | ExcessFromYear3Amt |
| Excess From Year2 | $5,834 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALL NATIONS FAMILY | ||||||
| PO BOX 55 | GRANDVIEW | MO | 64030 | PUBLIC CHARITY | EMERGENCY FUND - WEIGELT FAMILY | $7,000 |
| CAMPUS CRUSADE | ||||||
| PO BOX 628222 | ORLANDO | FL | 328628222 | PUBLIC CHARITY | GENERAL SUPPORT | $4,200 |
| HARVESTERS | ||||||
| 2001 WEST PLANO PARKWAY STE 3432 | PLANO | TX | 75075 | PUBLIC CHARITY | MISSIONARIES LANCE & KIM LEPP - SUPPORT | $5,000 |
| HIS HANDS | ||||||
| PO BOX 339 | CEDAR RAPIDS | IA | 52406 | PUBLIC CHARITY | FREE MEDICAL CLINIC - MEDICATION FUND SUPPORT | $5,000 |
| HOUSE OF HOPE | ||||||
| 1744 2ND AVE SE | CEDAR RAPIDS | IA | 52403 | PUBLIC CHARITY | GENERAL SUPPORT | $6,225 |
| INNER CITY IMPACT | ||||||
| 3327 W FULLERTON AVE | CHICAGO | IL | 60647 | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| INTERVARSITY CHRISTIAN FELLOWSHIP | ||||||
| PO BOX 7895 | MADISON | WI | 537077895 | PUBLIC CHARITY | JULIE HUNTER - CREIGHTON UNIVERSITY | $6,000 |
| JESUS FILM PROJECT | ||||||
| PO BOX 628222 | ORLANDO | FL | 328628222 | PUBLIC CHARITY | SUPPORT - MICRO SD CARD, MASS DUPLICATOR | $3,810 |
| NEW MISSION SYSTEMS INTERNATIONAL (JPL BIBLE CHURCH) | ||||||
| 2701 S CLEVELAND AVE SUITE 200 | FORT MYERS | FL | 33901 | PUBLIC CHARITY | MISSIONARY SUPPORT - JUSTIN HANNEKAN FAMILY | $2,500 |
| PIONEER BIBLE TRANSLATORS | ||||||
| 2508 ROGERS BLVD | MANHATTAN | KS | 66502 | PUBLIC CHARITY | SUPPORT - TODD & ANGELA OWENS | $7,500 |
| RELIANT MINISTRIES | ||||||
| 11002 LAKE HART DRIVE 100 | ORLANDO | FL | 32832 | PUBLIC CHARITY | SUPPORT - JUSTIN & HEATHER DICUS, UNIV. OF FLORIDA | $1,000 |
| SALVATION ARMY | ||||||
| 3180 ESTEY AVENUE | NAPLES | FL | 34104 | PUBLIC CHARITY | SUPPORT - NAPLES AREA | $15,000 |
| SAMARITAN'S PURSE | ||||||
| PO BOX 3000 | BOONE | NC | 28607 | PUBLIC CHARITY | SUPPORT - SYRIAN REFUGEES AND SOUTH SUDAN | $15,000 |
| WYCLIFFE BIBLE TRANSLATORS | ||||||
| PO BOX 628200 | ORLANDO | FL | 32862 | PUBLIC CHARITY | JOHN & BECKY LEVERINGTON - SUPPORT | $1,600 |
| YOUTHS FOR CHRIST USA | ||||||
| PO BOX 4478 | ENGLEWOOD | CO | 80155 | PUBLIC CHARITY | SUPPORT - TRACEY STEELE | $4,500 |
| YWAM | ||||||
| PO BOX 3000 | GARDEN VALLEY | TX | 75771 | PUBLIC CHARITY | JIM & ANNA ROGERS - SCRIPTURE TRANSLATION | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $104,335 | 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 | $41,836 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $56,246 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LITIGATION INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $2,939 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $101,021 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $101,021 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK - CHARLES SCHWAB | $305,200 | $305,200 |
| CORPORATE STOCK - LPL #2906 | $1,826,409 | $1,826,409 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| HIGHLANDS REIT - LPL #0474 | FMV | $2,613 | $2,613 |
| COMMONWEALTH INCOME & GROWTH | FMV | $11,790 | $11,790 |
| INVENTRUST PROPERTIES - LPL #0474 | FMV | $23,447 | $23,447 |
| ANNUITY CONTRACT | FMV | $90,532 | $90,532 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | POSTAGE | Desc |
| Revenue And Expenses Per Books | $201 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $201 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Net Investment IncomeNetInvestmentIncomeAmt | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ANNUITY PAYMENT | $9,017 | ||
| LITIGATION INCOME | $2,939 | $2,939 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CURRENT YEAR CHANGE IN UNREALIZED GAIN/LOSS IN FMV OF INVESTMENTS | Desc |
| Amt | $398,376 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROFESSIONAL FEES | $2,875 | $0 | $2,875 |
| INVESTEMENT FEES | $19,339 | $19,339 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $340 | $589 | $0 |
| 2019 EXCISE TAX ESTIMATED PAYMENTS | $1,111 | $0 | $0 |
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