COBORN FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- COBORN FAMILY FOUNDATION (EIN 81-0909745)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201933199349104133
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T16:23:57-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810909745 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBORN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBO | BusinessNameControlTxt |
| Phone | 3205342705 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1921 COBORN BLVD | AddressLine1Txt |
| City | ST CLOUD | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EMILY COBORN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3205342705 | PhoneNum |
| Signature | 2019-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN GRIES | PreparerPersonNm |
| PTIN | P00078514 | PTIN |
| Phone | 6123764500 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-14 | IPDt |
| IP Tm | 21:10:11 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 912999D8D5E4D9097136BAD3000543774677FD22 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D58F7A891376973A2C688259087F0D91BA8942CB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,200,764 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,605,927 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $103 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $103 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $117,648 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $117,648 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$5,040 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,845,709 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,718,638 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $117,751 | 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 |
| Accounting Fees Rev And Expnss | $1,136 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $568 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $568 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $20,491 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $20,491 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $21,627 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,059 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $568 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $915,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $915,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $936,627 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,059 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $915,568 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $782,011 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $96,692 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $275,037 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $285,250 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $285,250 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $57,738 | AcctRcvblAmt |
| Acct Rcvbl BOY | $97,776 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $57,738 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $57,738 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $4,680,686 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,857,776 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,857,776 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $5,053,499 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,200,764 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,200,764 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $4,911 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,825 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $4,911 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,825 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $4,816,361 | UnrestrictedBOYAmt |
| Unrestricted EOY | $5,183,939 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $232,227 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $15,000 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,048,588 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,198,939 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,053,499 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,200,764 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,048,588 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $782,011 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,830,599 | SubtotalAmt |
| Other Decreases | $631,660 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,198,939 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2017-09-26 | 2018-01-03 | $50,784 | $50,883 | -$99 | -$99 |
| PUBLICLY TRADED SECURITIES | 2018-07-02 | 2018-12-21 | $606,652 | $608,280 | -$1,628 | -$1,628 |
| PUBLICLY TRADED SECURITIES | 2018-09-26 | 2018-12-21 | $176,940 | $177,777 | -$837 | -$837 |
| PUBLICLY TRADED SECURITIES | 2017-12-05 | 2018-12-21 | $909,978 | $914,849 | -$4,871 | -$4,871 |
| PUBLICLY TRADED SECURITIES | 2017-03-15 | 2018-12-13 | $97,976 | $98,960 | -$984 | -$984 |
| CAPITAL GAIN DISTRIBUTION | $3,379 | $3,379 | $3,379 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$5,040 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $697,595 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,514,856 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.198470 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $399,706 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $934,102 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.427904 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $0 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,001,284 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.000000 | DistributionYr3Rt |
| Total Distribution | 0.626374 | TotalDistributionRt |
| Average Distribution | 0.208791 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,153,567 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,076,018 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $967 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,076,985 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $915,568 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,934 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,934 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,934 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $21 | EsPenaltyAmt |
| Overpayment | $45 | OverpaymentAmt |
| Applied To ES Tax | $45 | 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 | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | CHRIS KELLER | IndividualWithBooksNm |
| Phone | 3205342705 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1921 COBORN BLVD | AddressLine1Txt |
| City | ST CLOUD | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56301 | 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 |
|---|---|---|---|---|---|---|---|---|
| EMILY COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| CHRIS COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| MARK COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | SECRETARY/DIRECTOR | 2.00 | $0 | $0 | $0 |
| DUKE COBORN | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | TREASURER/DIRECTOR | 1.00 | $0 | $0 | $0 |
| BECKY ESTBY | ||||||||
| 1921 COBORN BLVD | ST CLOUD | MN | 56301 | DIRECTOR | 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 | $4,938,067 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $293,981 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,232,048 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,232,048 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $78,481 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,153,567 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $257,678 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $257,678 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,934 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,934 | TotalTaxAmt |
| Distributable Before Adj | $255,744 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $255,744 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $255,744 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $915,568 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $915,568 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $915,568 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $255,744 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $352,354 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $523,145 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $875,499 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $915,568 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $255,744 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $659,824 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,535,323 | 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 | $1,535,323 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $352,354 | ExcessFromYear2Amt |
| Excess From Year1 | $523,145 | ExcessFromYear1Amt |
| Excess From Current Year | $659,824 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CATHEDRAL HIGH SCHOOL | |||||||
| 312 NORTH 7TH AVENUE | ST CLOUD | MN | 56303 | NONE | PC | THE CAMPAIGN FOR CATHEDRAL | $100,000 |
| COLLEGE OF ST BENEDICTS UNIVERSITY | |||||||
| 37 SOUTH COLLEGE AVENUE | ST JOSEPH | MN | 56374 | NONE | PC | CSBU ATHLETICS FIELD | $100,000 |
| CENTRACARE HEALTH FOUNDATION | |||||||
| 1406 6TH AVE N | ST CLOUD | MN | 56303 | NONE | PC | GROCERS ON THE GREEN DONATION | $125,000 |
| INITIATIVE FOUNDATION | |||||||
| 405 FIRST STREET SE | LITTLE FALLS | MN | 56345 | NONE | PC | 1ST PAYMENT OF $5,000-TOTAL COMMITMENT OF $15,000 OVER 3 YEARS | $5,000 |
| PATHWAYS 4 YOUTH | |||||||
| 203 COOPER AVE N SUITE 260 | ST CLOUD | MN | 56303 | NONE | PC | 1ST PAYMENT OF $15,000- TOTAL COMMITMENT $45,000 OVER 3 YEARS | $15,000 |
| SECOND HARVEST HEARTLAND | |||||||
| 1140 GERVAIS AVE | ST PAUL | MN | 55109 | NONE | PC | THE CAPITAL CAMPAIGN | $40,000 |
| YMCA | |||||||
| 2001 STOCKINGER DRIVE | ST CLOUD | MN | 56303 | NONE | PC | CONNECTING CAMPAIGN PAYMENT | $200,000 |
| CENTRACARE HEALTH FOUNDATION | |||||||
| 1406 6TH AVE N | ST CLOUD | MN | 56303 | NONE | PC | LONG PRAIRIE WELLNESS CENTER | $5,000 |
| CENTRACARE HEALTH FOUNDATION | |||||||
| 1406 6TH AVE N | ST CLOUD | MN | 56303 | NONE | PC | CANCER SURVIVORSHIP | $200,000 |
| CENTRACARE HEALTH FOUNDATION | |||||||
| 1406 6TH AVE N | ST CLOUD | MN | 56303 | NONE | PC | GROCERS ON THE GREEN DONATION | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $890,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $117,648 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$5,040 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $112,711 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $112,711 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| ANHEUSER BUSCH | ||||||
| 1 | ONE BUSCH PLACE | ST LOUIS | MO | 63118 | $10,000 | Yes (X) |
| COBORN'S INC | ||||||
| 2 | PO BOX 1502 | ST CLOUD | MN | 56302 | $590,927 | Yes (X) |
| MICHELLE COBORN | ||||||
| 3 | 2592 SWAN AVE E NORTH | ST PAUL | MN | 55109 | $1,000,000 | Yes (X) |
| ADVANTAGE SALES & MARKETING | ||||||
| 4 | PO BOX 19738 | IRVINE | CA | 92623 | $5,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT/TAX FEES | CategoryTxt |
| Amt | $1,136 | Amt |
| Net Investment Income | $568 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $568 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (17 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WELLS FARGO COMPANY STOCK | $1,415,670 | $1,415,670 |
| KINDER MORGAN INC DEL | $30,760 | $30,760 |
| SPDR EURO STOXX 50 ETF | $66,540 | $66,540 |
| VANGUARD DIVIDEND APPRECIATION ETF | $77,576 | $77,576 |
| VANGUARD GROWTH ETF | $252,272 | $252,272 |
| VANGUARD HIGH DIVIDEND YIELD INDEX FUNDS ETF | $72,687 | $72,687 |
| VANGUARD INDEX FDS S&P 500 ETF | $528,563 | $528,563 |
| VANGUARD MID-CAP GROWTH FUND | $107,242 | $107,242 |
| VANGUARD MID-CAP VALUE INDEX FUND | $94,498 | $94,498 |
| VANGUARD SMALL CAP VALUE ETF | $93,985 | $93,985 |
| VANGUARD SMALL CAP GROWTH ETF | $104,208 | $104,208 |
| DODGE & COX INCOME FD | $98,077 | $98,077 |
| FIRST EAGLE FUNDS SOGEN OVERSEAS FUND CL I | $186,234 | $186,234 |
| GOLDMAN SACHS TR FINL SQUARE PRIME OBLIGS INSTL CL | $1,500,000 | $1,500,000 |
| INVESCO QQQ TR ETF UNIT SER 1 | $22,368 | $22,368 |
| VANGUARD INTL EQTY ETF INDEX FDS FTSE ALL WORLD EX US | $54,696 | $54,696 |
| VANGUARD INTL EQUITY ETF INDEX FDS FTSE EMERGING MKTS | $152,400 | $152,400 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $631,660 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $20,491 | Amt |
| Net Investment Income | $20,491 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE COBORN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1921 COBORN BLVD | AddressLine1Txt |
| City | ST CLOUD | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56301 | ZIPCd |
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