L HEART FOUNDATION INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
L HEART FOUNDATION INC (EIN 81-0522506)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-07-03
IRS object ID
201901849349100310
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)
Return2019-07-03T11:29:45-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN810347988PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Holmes & TurnerBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11283 N 14th Avenue Ste 201AddressLine1Txt
CityBozemanCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59715ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810522506EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1L HEART FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLHEABusinessNameControlTxt
Phone4066824424PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 339AddressLine1Txt
CityMCALLISTERCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59740ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINN W KRIEGPersonNm
Person TitleDirectorPersonTitleTxt
Signature2019-07-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLaura ThomasPreparerPersonNm
PTINP00516147PTIN
Phone4065874265PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$671InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$671InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$671InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$48,496DividendsRevAndExpnssAmt
Dividends Net Invst Incm$48,496DividendsNetInvstIncmAmt
Dividends Adj Net Incm$48,496DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$134,822NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$237,877GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$134,822CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$183,989TotalRevAndExpnssAmt
Total Net Invst Incm$183,989TotalNetInvstIncmAmt
Total Adj Net Incm$49,167TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,600AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,600AccountingFeesChrtblPrpsAmt
Tot Opr Expenses Rev And Expnss$1,600TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,600TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,600TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$102,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$102,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$104,000TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,600TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$104,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$79,989ExcessRevenueOverExpensesAmt
Net Investment Income$182,389NetInvestmentIncomeAmt
Adjusted Net Income$49,167AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst EOY$76,339SavAndTempCashInvstEOYAmt
Corporate Stock BOY$1,439,638CorporateStockBOYAmt
Corporate Stock EOY$1,443,288CorporateStockEOYAmt
Total Assets BOY$1,439,638TotalAssetsBOYAmt
Total Assets EOY$1,519,627TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,439,638UnrestrictedBOYAmt
Unrestricted EOY$1,519,627UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,439,638TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,519,627TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,439,638TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,519,627TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,439,638TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$79,989ExcessRevenueOverExpensesAmt
Subtotal$1,519,627SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,519,627TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
AdvansixP2016-11-292018-06-20$57,781$29,866$27,915$27,915
BoeingP2015-04-302018-06-20$82,281$35,046$47,235$47,235
OracleP2006-10-242018-10-05$97,801$38,139$59,662$59,662
Resideo TechsP2009-11-242018-11-02$14$4$10$10
FieldValueIRS element (for citing)
Capital Gain Net Income$134,822CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,648InvestmentIncomeExciseTaxAmt
Subtotal$3,648SubtotalAmt
Tax Based On Investment Income$3,648TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,003EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,003TotalPaymentsAndCreditsAmt
Tax Due$645TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LINN W KRIEGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4066824424PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 160AddressLine1Txt
CityMCALLISTERCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59740ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
LINN W KRIEG
PO BOX 160MCALLISTERMT59740Director0.00$0
PENELOPE M HENNING
BOX 1024BOZEMANMT59771Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,391,984AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$93,209AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,485,193TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,485,193AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$37,278CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,447,915NetVlNoncharitableAssetsAmt
Minimum Investment Return$122,396MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$122,396MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,648TaxBasedOnInvestmentIncomeAmt
Total Tax$3,648TotalTaxAmt
Distributable Before Adj$118,748DistributableBeforeAdjAmt
Distributable Before Ded$118,748DistributableBeforeDedAmt
Distributable As Adjusted$118,748DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$104,000ExpensesAndContributionsAmt
Qualifying Distributions$104,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$104,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$118,748DistributableAsAdjustedAmt
Undistributed Income PY$102,627UndistributedIncomePYAmt
Qualifying Distributions$104,000QualifyingDistributionsAmt
Applied To Year1$102,627AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,373AppliedToCurrentYearAmt
Undistributed Income CY$117,375UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
DUCKS UNLIMITED
One Waterfowl WayMemphisTN38120NONEFURTHER TAX EXEMPT PURPOSE$15,000
EAGLE MOUNT
6901 Goldenstein LaneBozemanMT59715NONEFURTHER TAX EXEMPT PURPOSE$5,000
SALVATION ARMY
32 S Rouse AveBozemanMT59715NONEFURTHER TAX EXEMPT PURPOSE$5,000PC
Tools of the trade
2401 Eglin StreetRapid CitySD57703NONEFURTHER TAX EXEMPT PURPOSE$10,000PC
MONTANA FOOD BANK
5625 ExpresswayMissoulaMT59808NONEFURTHER TAX EXEMPT PURPOSE$3,000PC
Heifer International
1 World AvenueLittle RockAR72202NONEFURTHER TAX EXEMPT PURPOSE$5,000
The Nature Conservancy
40 E Main St 200BozemanMT59715NONEFURTHER TAX EXEMPT PURPOSE$1,000PC
Heart of the Valley
1549 East Cameron Bridge RBelgradeMT59714NONEFURTHER TAX EXEMPT PURPOSE$2,000PC
MVMC Foundation
305 N MainEnnisMT59729NONEFurther Tax Exempt Purpose$25,000PC
Dr Losee MVMC Endowment Fund
305 N MainEnnisMT59729FURTHER TAX EXEMPT PURPOSE$10,000PC
NPCA Funding
777 6th Street NWWashingtonDC20001FURTHER TAX EXEMPT PURPOSE$1,000PC
St Labre Indian School
1000 Tongue River RoadAshlandMT59003NONEFURTHER TAX EXEMPT PURPOSE$1,600PC
National Park Foundation
1110 Vermont Ave NW Suite 200WashingtonDC20005NONEFURTHER TAX EXEMPT PURPOSE$2,500PC
Montana Friends of MT PBS
PO Box 10715BozemanMT59719NONEFURTHER TAX EXEMPT PURPOSE$500PC
Toys for Tots
18251 Quantico Gateway DriveTriangleVA22172NONEFURTHER TAX EXEMPT PURPOSE$300PC
American Indian College Foundation
8333 Greenwood BlvdDenverCO80221NONEFURTHER TAX EXEMPT PURPOSE$500PC
Madison Wranglers 4-H Club
7100 Connecticut AveChevy ChaseMD20815NONEFURTHER TAX EXEMPT PURPOSE$5,000PC
National Adubon Society
225 Varick StreetNew YorkNY10014NONEFURTHER TAX EXEMPT PURPOSE$10,000PC
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$102,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$671RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$48,496RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$134,822RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$183,989RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$183,989TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$1,600Amt
Net Investment Income$1,600NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,600DisbursementsCharitablePrpsAmt

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