CAROLINE LOTT JESSEN FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CAROLINE LOTT JESSEN FOUNDATION (EIN 20-2056562)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-11
- IRS object ID
- 202533159349101993
- Schema version
- 2024v5.2
- 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 Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-11T14:39:00-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710817652 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FROST PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 W 8TH STREET | AddressLine1Txt |
| City | YUMA | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85364 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202056562 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINE LOTT JESSEN FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O PITCAIRN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARO | BusinessNameControlTxt |
| Phone | 9288191559 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 161 WASHINGTON ST SUITE 801 | AddressLine1Txt |
| City | CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JON JESSEN | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 9288191559 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELE B STRANDBERG | PreparerPersonNm |
| PTIN | P01502455 | PTIN |
| Phone | 9287829831 | PhoneNum |
| Preparation | 2025-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,323,962 | 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 | $850,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $911 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $911 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $911 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $30,581 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $30,581 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $30,581 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,720 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $135,094 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,720 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $898,212 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $48,212 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $31,492 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $260 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,964 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,482 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,847 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,847 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $63 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $63 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,134 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,392 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $119,587 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $119,587 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $125,721 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,392 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $119,587 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $772,491 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $43,820 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $31,492 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $375,613 | CashBOYAmt |
| Cash EOY | $1,125,474 | CashEOYAmt |
| Cash EOYFMV | $1,125,474 | CashEOYFMVAmt |
| Other Investments BOY | $136,030 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $158,722 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $198,488 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $511,643 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,284,196 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,323,962 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $300 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $926 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $300 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $926 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $511,343 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,283,270 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $511,343 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,283,270 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $511,643 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,284,196 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $511,343 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $772,491 | ExcessRevenueOverExpensesAmt |
| Other Increases | $62 | OtherIncreasesAmt |
| Subtotal | $1,283,896 | SubtotalAmt |
| Other Decreases | $626 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,283,270 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| GOLDMAN SACHS | P | 2024-03-07 | 2024-09-05 | $283 | $276 | $7 | $7 |
| ISHARES CORE S&P | P | 2024-03-07 | 2024-07-23 | $4,135 | $3,894 | $241 | $241 |
| ISHARES NATIONAL MUNI BOND | P | 2024-03-07 | 2024-07-23 | $6,640 | $6,703 | -$63 | -$63 |
| ISAHRES CORE MSCI | P | 2024-07-23 | 2024-09-05 | $227 | $223 | $4 | $4 |
| SPDR NUVEEN BLOOMBER SHORT | P | 2024-03-07 | 2024-09-05 | $11,355 | $11,400 | -$45 | -$45 |
| VANGUARD MIDCAP VIPER | P | 2024-03-07 | 2024-09-05 | $6,269 | $6,132 | $137 | $137 |
| GOLDMAN ACTIVEBETA US | P | 2022-09-30 | 2024-07-23 | $3,097 | $2,159 | $938 | $938 |
| INVESCO OPTIMUM YIELD | P | 2020-03-25 | 2024-03-07 | $4,162 | $3,783 | $379 | $379 |
| ISHARES CORE S&P | P | 2019-09-26 | 2024-03-07 | $6,471 | $3,831 | $2,640 | $2,640 |
| ISHARES CORE US | P | 2019-05-09 | 2024-03-07 | $20,580 | $23,544 | -$2,964 | -$2,964 |
| ISHARES S&P MID-CAP | P | 2010-02-03 | 2024-03-07 | $6,794 | $1,726 | $5,068 | $5,068 |
| ISHARES RUSSELL 2000 EFT | P | 2018-01-25 | 2024-07-23 | $10,170 | $7,067 | $3,103 | $3,103 |
| ISHARES S&P MID-CAP 400 | P | 2010-02-03 | 2024-03-07 | $5,285 | $1,511 | $3,774 | $3,774 |
| ISHARES S&P MID-CAP 400 | P | 2020-03-25 | 2024-03-07 | $1,379 | $623 | $756 | $756 |
| ISHARES JP MORGAN | P | 2021-10-28 | 2024-03-07 | $9,342 | $9,615 | -$273 | -$273 |
| ISHARES CORE MSCI EMERGIN EFT | P | 2018-09-25 | 2024-03-07 | $7,144 | $6,947 | $197 | $197 |
| ISHARES CORE TOTAL BOND EFT | P | 2021-10-28 | 2024-03-07 | $8,433 | $9,838 | -$1,405 | -$1,405 |
| PRINCIPAL HIGH-YIELD | P | 2019-10-09 | 2024-03-07 | $3,808 | $4,047 | -$239 | -$239 |
| PGIM HIGH YIELD | P | 2021-10-28 | 2024-03-07 | $4,659 | $5,000 | -$341 | -$341 |
| AMEX TECHNOLOGY SELECT SPDR | P | 2008-10-14 | 2024-07-23 | $1,490 | $424 | $1,066 | $1,066 |
| VANGUARD DIVIDEND APPRECIATION | P | 2020-02-12 | 2024-07-23 | $5,054 | $3,636 | $1,418 | $1,418 |
| VANGUARD FTSE DEVELOPED ETF | P | 2013-02-08 | 2024-03-07 | $8,317 | $5,995 | $2,322 | $2,322 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,720 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $281 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $609 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $609 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $609 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $17 | EsPenaltyAmt |
| Tax Due | $626 | TaxDueAmt |
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 | TX | 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 | GOWAN COMPANY - D SCHUMAN | IndividualWithBooksNm |
| Phone | 9288191559 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 S MAIN STREET | AddressLine1Txt |
| City | YUMA | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85364 | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| CAROLINE LOTT JESSEN | ||||||||
| 370 S MAIN STREET | YUMA | AZ | 85364 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| JON JESSEN | ||||||||
| 370 S MAIN STREET | YUMA | AZ | 85364 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| DIRK JESSEN | ||||||||
| 370 S MAIN STREET | YUMA | AZ | 85364 | SECRETARY | 1.00 | $0 | $0 | $0 |
| DR GOWAN JESSEN DECKEY | ||||||||
| 370 S MAIN STREET | YUMA | AZ | 85364 | TREASURER | 1.00 | $0 | $0 | $0 |
| MARK C JESSEN | ||||||||
| 370 S MAIN STREET | YUMA | AZ | 85365 | ASST SECRETARY | 1.00 | $0 | $0 | $0 |
| JULI JESSEN | ||||||||
| 370 S MAIN STREET | YUMA | AZ | 85364 | ASST TREASURER | 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 | $190,815 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $608,327 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $799,142 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $799,142 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,987 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $787,155 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $39,358 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $39,358 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $609 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $609 | TotalTaxAmt |
| Distributable Before Adj | $38,749 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $38,749 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $38,749 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $119,587 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $119,587 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $38,749 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $147,293 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $209,253 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $168,685 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $158,392 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $209,520 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $893,143 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $119,587 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $38,749 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $80,838 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $973,981 | 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 | $147,293 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $826,688 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $209,253 | ExcessFromYear4Amt |
| Excess From Year3 | $168,685 | ExcessFromYear3Amt |
| Excess From Year2 | $158,392 | ExcessFromYear2Amt |
| Excess From Year1 | $209,520 | ExcessFromYear1Amt |
| Excess From Current Year | $80,838 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROLINE LOTT JESSEN | ContributingManagerNm |
| Contributing Manager | JON JESSEN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRANE SCHOOL DISTRICT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 W 16TH STREET | AddressLine1Txt |
| City | YUMA | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85364 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | EDUCATIONAL | GrantOrContributionPurposeTxt |
| Amt | $119,587 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $119,587 | 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 | $911 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,581 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Related Or Exempt Function Incm | $16,720 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $31,492 | ExclusionAmt |
| Related Or Exempt Function Incm | $16,720 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $48,212 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | DIVIDENDS, INTEREST EXCLUDED BY SEC 512(B)(1) |
| 5 | DIVIDENDS, INTEREST EXCLUDED BY SEC 512(B)(1) |
| 8 | GAIN/LOSS FROM SALE OF INVESTMENTS EXCLUDED BY SEC 512(B)(5) AND 16(A) |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOWAN COMPANY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 S MAIN STREET | AddressLine1Txt |
| City | YUMA | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85364 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $850,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,964 | Amt |
| Net Investment Income | $1,482 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | WELLS FARGO SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $158,722 | BookValueAmt |
| EOYFMV | $198,488 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BUSINESS REGISTRATION FEES | CategoryTxt |
| Legal Fees | $260 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME TAX EXPENSE | Desc |
| Amt | $626 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS | Desc |
| Amt | $62 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME TAX LIABILITY | Desc |
| BOY Book Value | $300 | BOYBookValueAmt |
| EOY Book Value | $926 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEE | CategoryTxt |
| Amt | $2,847 | Amt |
| Net Investment Income | $2,847 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOWAN COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 S MAIN STREET | AddressLine1Txt |
| City | YUMA | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85364 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $63 | Amt |
| Net Investment Income | $63 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments