TOZER FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- TOZER FOUNDATION INC (EIN 41-6011518)
- Tax period
- 2017-11-01 to 2018-10-31
- Filed
- 2019-05-20
- IRS object ID
- 201941409349100559
- Schema version
- 2017v2.3
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-20T12:00:34-05:00 | ReturnTs |
| Tax Period End | 2018-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411736396 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOLEY KALSEIM & COMPANY LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12415 55TH ST N | AddressLine1Txt |
| City | LAKE ELMO | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 550428462 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416011518 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOZER FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O LAKE ELMO BANK TRUST DEPT | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TOZE | BusinessNameControlTxt |
| Phone | 6517734420 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11465 39TH STREET NORTH | AddressLine1Txt |
| City | LAKE ELMO | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55042 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID WETTERGREN | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 6517734420 | PhoneNum |
| Signature | 2019-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SUZANNE HILDEBRANDT CPA | PreparerPersonNm |
| PTIN | P01247102 | PTIN |
| Phone | 6514303635 | PhoneNum |
| Preparation | 2019-05-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.16.49 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-20 | IPDt |
| IP Tm | 12:00:34 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 857A3D82B917E64ED5128A3ED64A28E74E74947D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | CB000F37CE8FAE44B7EB97F79A89D7004651EC5F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $23,538,605 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $693,934 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $693,934 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $846,906 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,944,322 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $846,906 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,540,840 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,540,840 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $3,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $700 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $2,800 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $167,115 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $105,860 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $61,255 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $16 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $4,421 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $6,747 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $6,336 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $186,799 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $107,576 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $74,391 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,015,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,015,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,202,299 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $107,576 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,089,891 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $338,541 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,433,264 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $28 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $282,469 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $167,270 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $167,270 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $391 | AcctRcvblAmt |
| Acct Rcvbl BOY | $68 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $391 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $391 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $22,995,893 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,547,354 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $22,917,194 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $559,250 | OtherAssetsBOYAmt |
| Other Assets EOY | $453,750 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $453,750 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $23,837,708 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,168,765 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $23,538,605 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $153 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $153 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $4,372,697 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,372,697 | CapitalStockEOYAmt |
| Retained Earning BOY | $19,465,011 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,795,915 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,837,708 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,168,612 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,837,708 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,168,765 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,837,708 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $338,541 | ExcessRevenueOverExpensesAmt |
| Subtotal | $24,176,249 | SubtotalAmt |
| Other Decreases | $7,637 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $24,168,612 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $3,249,785 | $3,240,546 | $9,239 | $9,239 |
| PUBLICLY TRADED SECURITIES | P | $6,690,460 | $5,856,870 | $833,590 | $833,590 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $846,906 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $9,239 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,244,020 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $23,844,335 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052173 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,311,001 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,531,986 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055711 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,281,973 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $25,303,164 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050665 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,301,022 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $26,146,343 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049759 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,207,428 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $24,973,410 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048349 | DistributionYr5Rt |
| Total Distribution | 0.256657 | TotalDistributionRt |
| Average Distribution | 0.051331 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $24,489,845 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,257,088 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $14,333 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,271,421 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,089,891 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,665 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $28,665 | SubtotalAmt |
| Tax Based On Investment Income | $28,665 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,696 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $36,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $52,696 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $63 | EsPenaltyAmt |
| Overpayment | $23,968 | OverpaymentAmt |
| Applied To ES Tax | $23,968 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE ELMO BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6517734420 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11465 39TH STREET NORTH | AddressLine1Txt |
| City | LAKE ELMO | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| 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 |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| ALAN BERNICK | ||||||||
| 100 FOURTH AVE NORTH | BAYPORT | MN | 550031096 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| GRETCHEN M STEIN | ||||||||
| 610 NORTH MAIN STREET | STILLWATER | MN | 55082 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JAMES R SCHUG | ||||||||
| 1208 EVERETT STREET SOUTH | STILLWATER | MN | 55082 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DOUGLAS N SMITH | ||||||||
| 12815 OZARK TRAIL NORTH | STILLWATER | MN | 55082 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID WETTERGREN | ||||||||
| 30 DEER HILLS DRIVE | NORTH OAKS | MN | 55127 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| GREG BENSON | ||||||||
| 51120 OLINDA TRAIL | SCANDIA | MN | 55073 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| TRACEY GALOWITZ ATTORNEY AT LAW | ||||||||
| 10390 39TH STREET NORTH | LAKE ELMO | MN | 55042 | DIRECTOR | 1.00 | $3,500 | $0 | $0 |
| ORVILLE JOHNSON | ||||||||
| 1085 NENA COURT | STILLWATER | MN | 55082 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LAKE ELMO BANK | |||||
| 600 INWOOD AVE N | OAKDALE | MN | 55128 | INVESTMENT SERV | $55,655 |
| SEI | |||||
| 1 FREEDOM VALLEY DRIVE | OAKS | PA | 19456 | INVESTMENT SERV | $54,755 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $24,593,191 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $269,596 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,862,787 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $24,862,787 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $372,942 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,489,845 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,224,492 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,224,492 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,665 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,665 | TotalTaxAmt |
| Distributable Before Adj | $1,195,827 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,195,827 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,195,827 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,089,891 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,089,891 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,089,891 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,195,827 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $29,837 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $51,705 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $143,918 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $90,767 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $316,227 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,089,891 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,089,891 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $105,936 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $105,936 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $210,291 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $210,291 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $119,524 | ExcessFromYear2Amt |
| Excess From Year1 | $90,767 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | TOZER FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O LAKE ELMO BANK TRUST DEPT | AddressLine1Txt |
| Address Line2 | 11465 39TH STREET N | AddressLine2Txt |
| City | LAKE ELMO | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6517734420 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS ARE FOUND ONLINE AT TOZERFOUNDATION.COM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE DETAILS ON DEADLINES AND OTHER INFO AT TOZERFOUNDATION.COM | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE DETAILS ON LIMITATIONS AND GUIDELINES AT TOZERFOUNDATION.COM | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SCHOLARSHIP AMERICA | |||||||
| ONE SCHOLARSHIP WAY | ST PETER | MN | 56082 | NONE | N/A | SCHOLARSHIPS | $1,013,000 |
| THE FAIRVIEW CEMETERY ASSOCIATION | |||||||
| 703 HARRIET DR | STILLWATER | MN | 55082 | NONE | N/A | MAINTENANCE | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,015,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $693,934 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $846,906 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,540,840 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,540,840 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOLEY KALSEIM & COMPANY | CategoryTxt |
| Amt | $5,000 | Amt |
| Net Investment Income | $1,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED STATEMENT-STOCK | StockNm |
| EOY Book Value | $23,547,354 | EOYBookValueAmt |
| EOYFMV | $22,917,194 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SCA OVERDISTRIBUTION | Desc |
| BOY Book Value | $559,250 | BOYBookValueAmt |
| EOY Book Value | $453,750 | EOYBookValueAmt |
| EOYFMV | $453,750 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON REPORTABLE | Desc |
| Amt | $7,637 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| INSURANCE | $2,801 | $2,801 |
| STATE FILING FEE | $25 | $25 |
| HONORARIUM EXPENSE | $775 | $775 |
| WEB SITE | $1,100 | $1,100 |
| WEB HOSTING | $135 | $135 |
| VIDEO | $1,500 | $1,500 |
| COMPUTER REPAIR | $161 | |
| DOCUMENT TRANSFER EXPENSES | $250 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CASH OVERDRAFT | Desc |
| EOY Book Value | $153 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LAKE ELMO BANK ADMINISTRATION FE | $55,655 | $49,705 | $5,950 |
| SEI ADMINISTRATION FEES | $54,755 | $54,755 | |
| GRANT ADMINISTRATION | $49,705 | $49,705 | |
| SCHOLARSHIP COMMITTEE | $7,000 | $1,400 | $5,600 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL ESTIMATED TAX, NET OF RE | ||
| FOREIGN TAXES | ||
| REAL ESTATE TAX | $16 | $16 |