BETA

EVERT FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
EVERT FOUNDATION (EIN 41-6543299)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-16
IRS object ID
201943209349100404
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)
Return2019-11-16T12:39:25-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410971937PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 S 6TH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416543299EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDSAY E MCCABEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2019-11-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L NELSONPreparerPersonNm
PTINP01370507PTIN
Phone6124927000PhoneNum
Preparation2019-11-15PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address199.45.12.131IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-16IPDt
IP Tm12:39:25IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id0237464F73A26382A3F334765F0E39E6102BC4A3AtSubmissionCreationDeviceId
At Submission Filing Device IdA518C8596B93ED13C06EBE0FE8BCFDE4E0B05AF7AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,620,910FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,717,608ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$41,887InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$41,887InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$102,608DividendsRevAndExpnssAmt
Dividends Net Invst Incm$102,608DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$733,311NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$733,311GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$733,311CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,595,414TotalRevAndExpnssAmt
Total Net Invst Incm$877,806TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$28,821OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$28,821OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$3,952TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$32,773TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$28,821TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$435,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$435,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$467,773TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$28,821TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$435,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,127,641ExcessRevenueOverExpensesAmt
Net Investment Income$848,985NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$510,801CashBOYAmt
Cash EOY$354,822CashEOYAmt
Cash EOYFMV$354,822CashEOYFMVAmt
Corporate Stock BOY$4,890,193CorporateStockBOYAmt
Corporate Stock EOY$4,865,229CorporateStockEOYAmt
Corporate Stock EOYFMV$4,865,229CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,197,654CorporateBondsBOYAmt
Corporate Bonds EOY$3,400,859CorporateBondsEOYAmt
Corporate Bonds EOYFMV$3,400,859CorporateBondsEOYFMVAmt
Total Assets BOY$7,598,648TotalAssetsBOYAmt
Total Assets EOY$8,620,910TotalAssetsEOYAmt
Total Assets EOYFMV$8,620,910TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$7,598,648UnrestrictedBOYAmt
Unrestricted EOY$8,620,910UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$7,598,648TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,620,910TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,598,648TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,620,910TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,598,648TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,127,641ExcessRevenueOverExpensesAmt
Subtotal$9,726,289SubtotalAmt
Other Decreases$1,105,379OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$8,620,910TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$733,311CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$322,500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$6,933,128NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.046516DistributionYr1Rt
Adjusted Qlfy Distri Yr2$471,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$6,544,978NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.071964DistributionYr2Rt
Adjusted Qlfy Distri Yr3$185,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$6,530,585NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.028328DistributionYr3Rt
Adjusted Qlfy Distri Yr4$245,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$6,623,444NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.036990DistributionYr4Rt
Adjusted Qlfy Distri Yr5$145,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$4,699,939NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.030851DistributionYr5Rt
Total Distribution0.214649TotalDistributionRt
Average Distribution0.042930AverageDistributionRt
Net Vl Noncharitable Assets$7,917,779NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$339,910AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$8,490NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$348,400AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$435,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$8,490InvestmentIncomeExciseTaxAmt
Subtotal$8,490SubtotalAmt
Tax Based On Investment Income$8,490TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$12,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$12,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$156EsPenaltyAmt
Overpayment$3,854OverpaymentAmt
Applied To ES Tax$3,854AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOHN L NELSONIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH SIXTH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LINDSAY E MCCABE
5321 MINNEHAHA BOULEVARDEDINAMN554241406TRUSTEE000.00$0$0$0
ANN L MCCABE
5321 MINNEHAHA BOULEVARDEDINAMN554241406TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,345,488AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,692,866AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,038,354TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$8,038,354AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$120,575CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,917,779NetVlNoncharitableAssetsAmt
Minimum Investment Return$395,889MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$395,889MinimumInvestmentReturnAmt
Tax Based On Investment Income$8,490TaxBasedOnInvestmentIncomeAmt
Total Tax$8,490TotalTaxAmt
Distributable Before Adj$387,399DistributableBeforeAdjAmt
Distributable Before Ded$387,399DistributableBeforeDedAmt
Distributable As Adjusted$387,399DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$435,000ExpensesAndContributionsAmt
Qualifying Distributions$435,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$8,490PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$426,510AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$387,399DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$165,735ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$165,735TotalExcessDistributionCyovAmt
Qualifying Distributions$435,000QualifyingDistributionsAmt
Applied To Current Year$387,399AppliedToCurrentYearAmt
Remaining Distri From Corpus$47,601RemainingDistriFromCorpusAmt
Total Corpus$213,336TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$213,336ExcessDistriCyovToNextYrAmt
Excess From Year2$165,735ExcessFromYear2Amt
Excess From Current Year$47,601ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
UNIVERSITY OF ST THOMAS
2115 SUMMIT AVENUEST PAULMN551051096NONEPCGENERAL USE OF CHARITY$300,000
ST MARY'S UNIVERSITY
700 TERRACE HEIGHTSWINONAMN559871399NONEPCSCHOLARSHIP AND PROGRAM SUPPORT$125,000SUITE 21
LUTHERAN SOCIAL SERVICE
2400 PARK AVENUEMINNEAPOLISMN55404NONEPCGENERAL USE OF CHARITY$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$435,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$41,887ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$102,608ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$733,311ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$877,806ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$877,806TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLINDSAY AND ANN MCCABEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line15321 MINNEHAHA BOULEVARDAddressLine1Txt
CityEDINACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55424ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,717,608TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1ASPIRIAN EQUITY ALLOCATION FUND$749,9662018-06-22
1DFA CORE EQUITY FUND$967,6422018-10-10

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondINVESTMENT ACCOUNTBondNm
EOY Book Value$3,400,859EOYBookValueAmt
EOYFMV$3,400,859EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENT ACCOUNTStockNm
EOY Book Value$4,865,229EOYBookValueAmt
EOYFMV$4,865,229EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN VALUE OF INVESTMENTSDesc
Amt$1,105,379Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$28,821Amt
Net Investment Income$28,821NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$3,952Amt

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