CUMMINS FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CUMMINS FAMILY FOUNDATION (EIN 41-1920226)
Tax period
2018-10-01 to 2019-09-30
Filed
2020-01-31
IRS object ID
202020319349100502
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-01-31T11:47:47-06:00ReturnTs
Tax Period End2019-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 SOUTH SIXTH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411920226EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CUMMINS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCUMMBusinessNameControlTxt
Phone6124756676PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 CARLSON PARKWAY NO 375AddressLine1Txt
CityPLYMOUTHCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554474446ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT CUMMINSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6124756676PhoneNum
Signature2020-01-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTYLER HESSPreparerPersonNm
PTINP00699785PTIN
Phone6123764500PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-01-29IPDt
IP Tm14:39:42IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdB71DF8EF734977C0D9AF27883840492912BFA7BFAtSubmissionCreationDeviceId
At Submission Filing Device IdD58F7A891376973A2C688259087F0D91BA8942CBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$43,164,101FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,560,725ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$804,557DividendsRevAndExpnssAmt
Dividends Net Invst Incm$804,557DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$235,700NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,857,033GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$11OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$11OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$3,600,993TotalRevAndExpnssAmt
Total Net Invst Incm$804,568TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,000AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,000AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$6,543OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$6,543OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$12,635TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$25OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$23,203TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,543TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,025TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,507,033ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,507,033ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,530,236TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,543TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,509,058TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,070,757ExcessRevenueOverExpensesAmt
Net Investment Income$796,025NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$915,945CashBOYAmt
Cash EOY$318,701CashEOYAmt
Cash EOYFMV$318,701CashEOYFMVAmt
US Government Obligations BOY$29,049,705USGovernmentObligationsBOYAmt
US Government Obligations EOY$29,554,381USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$30,123,095USGovtObligationsEOYFMVAmt
Corporate Stock BOY$6,256,824CorporateStockBOYAmt
Corporate Stock EOY$6,437,447CorporateStockEOYAmt
Corporate Stock EOYFMV$8,866,306CorporateStockEOYFMVAmt
Corporate Bonds BOY$99,812CorporateBondsBOYAmt
Corporate Bonds EOY$99,812CorporateBondsEOYAmt
Corporate Bonds EOYFMV$93,589CorporateBondsEOYFMVAmt
Other Investments BOY$1,416,656OtherInvestmentsBOYAmt
Other Investments EOY$2,399,358OtherInvestmentsEOYAmt
Other Investments EOYFMV$3,762,410OtherInvestmentsEOYFMVAmt
Total Assets BOY$37,738,942TotalAssetsBOYAmt
Total Assets EOY$38,809,699TotalAssetsEOYAmt
Total Assets EOYFMV$43,164,101TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$37,738,942CapitalStockBOYAmt
Capital Stock EOY$38,809,699CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$0RetainedEarningBOYAmt
Retained Earning EOY$0RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$37,738,942TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$38,809,699TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$37,738,942TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$38,809,699TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$37,738,942TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,070,757ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$38,809,699SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$38,809,699TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyGAIN ON STOCK GIFT TO PROVIDENCE ADADEMYPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$1,857,033GrossSalesPriceAmt
Cost Or Other Basis$1,857,033CostOrOtherBasisAmt
Gain Or Loss$0GainOrLossAmt
Gains Minus Excess Or Losses$0GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$0CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$25AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$38,477,366NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.000001DistributionYr1Rt
Adjusted Qlfy Distri Yr2$3,400,104AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$34,110,931NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.099678DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,601,950AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$34,008,940NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.047104DistributionYr3Rt
Adjusted Qlfy Distri Yr4$1,651,930AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$33,166,722NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.049807DistributionYr4Rt
Adjusted Qlfy Distri Yr5$1,451,930AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$31,050,390NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.046760DistributionYr5Rt
Total Distribution0.243350TotalDistributionRt
Average Distribution0.048670AverageDistributionRt
Net Vl Noncharitable Assets$42,271,891NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,057,373AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$7,960NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$2,065,333AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$2,509,058QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$7,960InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$7,960SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$7,960TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$8,040EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$8,040TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$80OverpaymentAmt
Applied To ES Tax$80AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt
Individual With BooksROBERT CUMMINSIndividualWithBooksNm
Phone7634756676PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12 CARLSON PARKWAY SUITE 375AddressLine1Txt
CityPLYMOUTHCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55447ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT CUMMINS
2 CARLSON PARKWAY SUITE 375PLYMOUTHMN55447PRESIDENT0.25$0$0$0
JOAN CUMMINS
2 CARLSON PARKWAY SUITE 375PLYMOUTHMN55447TREASURER0.25$0$0$0
DUDLEY RYAN
1151 DUNBAR WAYST PAULMN55115DIRECTOR0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$42,511,434AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$404,191AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$42,915,625TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$42,915,625AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$643,734CashDeemedCharitableAmt
Net Vl Noncharitable Assets$42,271,891NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,113,595MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,113,595MinimumInvestmentReturnAmt
Tax Based On Investment Income$7,960TaxBasedOnInvestmentIncomeAmt
Total Tax$7,960TotalTaxAmt
Distributable Before Adj$2,105,635DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$2,105,635DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$2,105,635DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,509,058ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,509,058QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$7,960PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$2,501,098AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,105,635DistributableAsAdjustedAmt
Undistributed Income PY$1,851,853UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$2,509,058QualifyingDistributionsAmt
Applied To Year1$1,851,853AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$657,205AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$1,448,430UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PROVIDENCE ACADEMY
15100 SCHMIDT LAKE ROADPLYMOUTHMN55446501(C)(3)GENERAL OPERATIONS$1,857,033
ST PAUL'S CATHOLIC NEWMAN CENTER
1141 UNIVERSITY DR NFARGOND58102501(C)(3)GENERAL OPERATIONS$500,000
UNIVERSITY OF NOTRE DAME - DE NICOLA CENTER FOR ETHICS AND CULTURE
424 GEDDES HALLNOTRE DAMEIN46556501(C)(3)GENERAL OPERATIONS$150,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,507,033TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$804,557ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$235,700ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$1,040,268ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,040,268TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
ROBERT AND JOAN CUMMINS
12 CARLSON PARKWAYPLYMOUTHMN55447$2,380,102Yes (X)Yes (X)
ROBERT AND JOAN CUMMINS
22 CARLSON PARKWAYPLYMOUTHMN55447$180,623Yes (X)Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
19,310 SHARES ISHARES CORE S&P 500 STOCK$2,380,1022018-12-18
22,381 SHARES SPIRE, INC. STOCK$180,6232018-12-18

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$4,000Amt
Net Investment Income$2,000NetInvestmentIncomeAmt
Disbursements Charitable Prps$2,000DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-PF, PART I, LINE 25, COLUMN (A)FormAndLineReferenceDesc
Medium ExplanationSTATEMENT REPORTING DISTRIBUTION OF PROPERTY VALUED AT FAIR MARKET VALUEDISTRIBUTIONS OF PROPERTY VALUED AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION:1. DATE OF DISTRIBUTION: AUGUST 20, 20192. DESCRIPTION OF PROPERTY: 6,342 SHARES ISHARES CORE S&P 500 ETF (IVV)3. BOOK VALUE OF PROPERTY: $1,621,333 METHOD FOR DETERMINING BOOK VALUE: FAIR MARKET VALUE ON DECEMBER 18, 2018 - THE DATE THE PROPERTY WAS DONATED TO THE FOUNDATION4. FAIR MARKET VALUE: $1,857,033 METHOD FOR DETERMINING FAIR MARKET VALUE: AVERAGE OF HIGH/LOW TRADING PRICE ON DATE OF DISTRIBUTIONMediumExplanationTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondPIMCO TOTAL RETURN FUND (8,904.72 SH)BondNm
EOY Book Value$99,812EOYBookValueAmt
EOYFMV$93,589EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MCDONALDS CORP (13,475 SH)$1,288,412$2,893,217
CAL-MAINE FOODS INC (16,768 SH)$660,324$669,965
COCA COLA CO. (31,270 SH)$1,278,005$1,702,339
AMERICAN STATES WATER CO (19,876 SH)$681,151$1,786,057
3M COMPANY (9,775 SH)$2,348,932$1,607,010
SPIRE, INC. (2,381 SH)$180,623$207,718

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$29,554,381USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$30,123,095USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
ISHARES SP500 BAR GROWTHAT COST$1,416,656$2,631,318
ISHARES CORE S&P 500 (3,789 SH)AT COST$982,702$1,131,092

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSTATE OF MN FILING FEEDesc
Revenue And Expenses Per Books$25RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$25DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescWELLS FARGODesc
Revenue And Expenses Per Books$11RevenueAndExpensesPerBooksAmt
Net Investment Income$11NetInvestmentIncomeAmt
Adjusted Net Income$11AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEECategoryTxt
Amt$6,543Amt
Net Investment Income$6,543NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAX$4,595$0$0
ESTIMATED TAX PAYMENTS$8,040$0$0

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