CAMARA-PRESS FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CAMARA-PRESS FOUNDATION (EIN 27-1985444)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-19
- IRS object ID
- 202022939349100107
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-19T02:43:11-00:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN A PIERANUNZI AND ASSOC LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE TRANS AM PLAZA DRIVE - SUITE 22 | AddressLine1Txt |
| City | OAKBROOK TERRACE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60181 | 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 | 271985444 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMARA-PRESS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAMA | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3515 GREEN RIDGE ROAD | AddressLine1Txt |
| City | MINNETONKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS ORESS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6513365938 | PhoneNum |
| Signature | 2020-10-19 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN PIERANUNZI | PreparerPersonNm |
| Phone | 6306911040 | PhoneNum |
| Preparation | 2020-10-19 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 73.110.147.137 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-19 | IPDt |
| IP Tm | 19:37:46 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Federal Original Submission Id | 3675032020073tt6rcr8 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-10-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8B34BC5EC0AADE62A3D4FAA1177C2094672863B6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7DC56F6BFC5B70CC58FC22D683A78326DEFEEB5D | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,706,879 | 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 | $840,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $406,679 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $406,679 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $273,858 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,563,968 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,886 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,520,537 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $408,565 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $725 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $9,469 | TaxesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $10,194 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $551,050 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $551,050 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $561,244 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $551,050 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $959,293 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $408,565 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Corporate Stock BOY | $13,396,666 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,706,879 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,706,879 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $13,396,666 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,706,879 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,706,879 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| No Donor Rstr Net Assests BOY | $13,396,666 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $16,706,879 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,396,666 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,706,879 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,396,666 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,706,879 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,396,666 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $959,293 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,350,920 | OtherIncreasesAmt |
| Subtotal | $16,706,879 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,706,879 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,886 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $506,641 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $14,517,626 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 000000.034898 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $647,445 | AdjustedQlfyDistriYr2Amt |
| Adjusted Qlfy Distri Yr3 | $486,721 | AdjustedQlfyDistriYr3Amt |
| Adjusted Qlfy Distri Yr5 | $248,670 | AdjustedQlfyDistriYr5Amt |
| Total Distribution | 000000.034898 | TotalDistributionRt |
| Average Distribution | 000000.006980 | AverageDistributionRt |
| Net Investment Income Pct | $4,086 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,086 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $551,050 | 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 | $4,086 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,086 | SubtotalAmt |
| Tax Based On Investment Income | $4,086 | TaxBasedOnInvestmentIncomeAmt |
| Es Penalty | $140 | EsPenaltyAmt |
| Tax Due | $4,226 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
| 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 |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| THOMAS PRESS | ||||||
| 3515 GREEN RIDGE ROAD | MINNETONKA | MN | 55305 | DIRECTOR | 010.00 | $0 |
| STELLA J CAMARA PRESS | ||||||
| 3515 GREEN RIDGE ROAD | MINNETONKA | MN | 55305 | DIRECTOR | 010.00 | $0 |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | $4,086 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,086 | TotalTaxAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $551,050 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $551,050 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,086 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $546,964 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $279,478 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $655,000 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $934,478 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $551,050 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $551,050 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,485,528 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,485,528 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $279,478 | ExcessFromYear3Amt |
| Excess From Year2 | $655,000 | ExcessFromYear2Amt |
| Excess From Current Year | $551,050 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CANCER KIDS - CHILDRENS FOUNDATION | ||||||
| 5901 LINCOLN DRIVE | EDINA | MN | 55436 | POF | CHARITABLE | $50,000 |
| JUVENILE DIABETES FOUNDATION | ||||||
| 3001 METRO DRIVE UNIT 100 | MINNEAPOLIS ST PAUL | MN | 55425 | POF | CHARITABLE | $75,000 |
| POLICE CHAPLIANS MINISTRY FATHER BRANDT | ||||||
| 1140 W JACKSON BLVD | CHICAGO | IL | 60607 | POF | CHARITABLE | $75,000 |
| ANDREA MILLER FOUNDATION | ||||||
| 765 CONCH COURT ROAD | SANIBEL | FL | 33957 | POF | CHARITABLE | $46,050 |
| MINNEAPOLIS RECREATIONAL DEVELOPMENT | ||||||
| 7220 YORK AVENUE S APT 610 | EDINA | MN | 55435 | POF | CHARITABLE | $100,000 |
| ODYSSEY PROJECT MADISON | ||||||
| 21 N PARK STREET 7468 | MADISON | WI | 53715 | POF | CHARITABLE | $35,000 |
| THE JEREMIAH PROGRAM | ||||||
| 1510 LAUREL AVENUE | MINNEAPOLIS | MN | 55403 | POF | CHARITABLE | $35,000 |
| ANIMAL HUMANE SOCIETY | ||||||
| 845 MEADOW LANE NORTH | GOLDEN VALLEY | MN | 55422 | POF | CHARITABLE | $25,000 |
| MINNESOTA WRESTLING CLUB | ||||||
| 4030 VALENTINE COURT | ARDEN HILLS | MN | 55112 | POF | CHARITABLE | $50,000 |
| LIGHT OF HOPE | ||||||
| PO BOX 41010 | PLYMOUTH | MN | 55442 | POF | CHARITABLE | $30,000 |
| FREE ARTS FOR ABUSED CHILDREN | ||||||
| 400 FIRST AVE NORTH UNIT 518 | MINNEAPOLIS | MN | 55401 | POF | CHARITABLE | $10,000 |
| AFRICAN WILDLIFE FOUNDATION | ||||||
| 1100 NEW JERSEY AVE SE SUITE 900 | WASHINGTON | DC | 20003 | POF | CHARITABLE | $10,000 |
| LIVE AND LET LIVE FARM INC | ||||||
| 20PARADISE LANE | CHICHESTER | NH | 03258 | POF | CHARITABLE | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $551,050 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $406,679 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $406,679 | UnrelatedBusinessTaxblIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $406,679 | 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 |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | THOMAS CAMARA PRESS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3515 GREEN RIDGE | AddressLine1Txt |
| City | MINNETONKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $840,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION | CategoryTxt |
| Amt | $725 | Amt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | INVESTMENTS | AssetDesc |
| Acquired | 2015-01 | AcquiredDt |
| How Acquired | P | HowAcquiredTxt |
| Sold | 2019-12 | SoldDt |
| Gross Sales Price | $4,562,082 | GrossSalesPriceAmt |
| Basis | $4,290,110 | BasisAmt |
| Basis Method | MARKET | BasisMethodTxt |
| Total Net | $271,972 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MERRILL LYNCH | StockNm |
| EOY Book Value | $16,706,879 | EOYBookValueAmt |
| EOYFMV | $16,706,879 | EOYFMVAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $2,350,920 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FEDERAL TAX | $4,506 |
| FOREIGN TAX | $4,963 |
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