GOSTOMSKI FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GOSTOMSKI FOUNDATION (EIN 46-6976292)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-11
- IRS object ID
- 202533159349102068
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-11T12:55:10-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIEDMAN & HUEY ASSOC LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20940 S FRANKFORT SQUARE RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | 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 | 466976292 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GOSTOMSKI FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RYAN WIRTZ | InCareOfNm |
| Business Name Control | GOST | BusinessNameControlTxt |
| Phone | 7087996800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18W140 BUTTERFIELD RD Suite 1110 | AddressLine1Txt |
| City | OAKBROOK TERRACE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 601814848 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN STAAB | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7087996800 | PhoneNum |
| Signature | 2025-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RYAN WIRTZ | PreparerPersonNm |
| PTIN | P01623867 | PTIN |
| Phone | 7087996800 | PhoneNum |
| Preparation | 2025-11-07 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $21,364,299 | 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 | $257,113 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $513,279 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $513,279 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $633,883 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,674,857 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $633,883 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$172,375 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$294,650 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,231,900 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $852,512 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $90,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $90,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $14,111 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $7,055 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,056 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,776 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,888 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,888 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $238,742 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $181,682 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $57,060 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $47,469 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,733 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,431 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25,112 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,263 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,313 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $429,210 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $217,621 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $178,748 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $500,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $500,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $929,310 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $217,621 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $678,848 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $302,590 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $634,891 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $704,039 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $156,110 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $156,110 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Bonds BOY | $5,574,923 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,412,208 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,458,746 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $12,037,547 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,685,613 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $14,698,451 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $31,069 | OtherAssetsBOYAmt |
| Other Assets EOY | $50,992 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $50,992 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,347,578 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,304,923 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,364,299 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $90,548 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $90,548 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $18,257,030 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,304,923 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,257,030 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,304,923 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,347,578 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,304,923 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,257,030 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $302,590 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,559,620 | SubtotalAmt |
| Other Decreases | $254,697 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,304,923 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | SoldSoldDt |
|---|---|---|---|---|---|---|
| 250,000 PV US TREASURY BILL | P | $249,160 | $243,454 | $5,706 | $5,706 | |
| 764,000 PV US TREASURY BILL | P | $759,862 | $743,461 | $16,401 | $16,401 | |
| 100,000 PV US TREASURY BILL | P | $99,354 | $97,411 | $1,943 | $1,943 | |
| 220,000 PV US TREASURY BILL | P | $217,760 | $216,910 | $850 | $850 | |
| 100,000 PV US TREASURY BILL | P | $99,812 | $98,834 | $978 | $978 | |
| 656,000 PV US TREASURY BILL | P | $653,120 | $638,488 | $14,632 | $14,632 | |
| 3,700 SHS FASTENAL | D | $249,967 | $2,416 | $247,551 | $247,551 | 2024-01-18 |
| GAIN ON DISPOSAL OF CHG-OET | P | $74,700 | $0 | $74,700 | $74,700 | 2024-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $633,883 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,825 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,825 | SubtotalAmt |
| Tax Based On Investment Income | $8,825 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,276 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $18,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $31,276 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $22,451 | OverpaymentAmt |
| Applied To ES Tax | $15,000 | AppliedToESTaxAmt |
| Refund | $7,451 | RefundAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | 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 | RYAN WIRTZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7087996800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH 20940 S FRANKFORT SQUARE RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL M GOSTOMSKI | ||||||||
| 20940 S FRANKFORT SQUARE RD | FRANKFORT | IL | 60423 | TRUSTEE | 0 | $0 | $0 | $0 |
| JOHN STAAB | ||||||||
| 18W140 BUTTERFIELD RD STE 1110 | OAKBROOK TERRACE | IL | 60181 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| CHRISTOPHER HUGHES | ||||||||
| 18W140 BUTTERFIELD RD STE 1110 | OAKBROOK TERRACE | IL | 60181 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| ADAM DAMEROW | ||||||||
| 525 W MONROE ST | CHICAGO | IL | 60661 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| JAMES C GOSTOMSKI | ||||||||
| 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | ADVISOR | 40.0 | $90,000 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYPRESS MANAGEMENT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18W140 BUTTERFIELD ROAD STE 1110 | AddressLine1Txt |
| City | OAKBROOK TERRACE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60181 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT SERVICES | ServiceTypeTxt |
| Compensation | $197,712 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $21,062,966 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $466,217 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,529,183 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,529,183 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $322,938 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,206,245 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,060,312 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,060,312 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,825 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,825 | TotalTaxAmt |
| Distributable Before Adj | $1,051,487 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,051,487 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,051,487 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $678,848 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $678,848 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,051,487 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $290,904 | ExcessDistributionCyovYr5Amt |
| Total Excess Distribution Cyov | $290,904 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $678,848 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $678,848 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $290,904 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $290,904 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $81,735 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL M GOSTOMSKI | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ST MARY'S UNIVERSITY OF MINNESOTA | ||||||||||||
| 700 TERRACE HEIGHTS | WINONA | MN | 55987 | NONE | PC | GENERAL | $117,772 | |||||
| FRANCISCAN FRIARS | ||||||||||||
| 1289 LAFOND AVENUE | ST PAUL | MN | 55104 | NONE | PC | GENERAL | $35,000 | |||||
| DE LASALLE HIGH SCHOOL | ||||||||||||
| 1 DE LASALLE DRIVE | MINNEAPOLIS | MN | 55401 | NONE | PC | GENERAL | $65,000 | |||||
| MORRIE MILLER ATHLETIC FOUNDATION | ||||||||||||
| 580 E FRONT ST | WINONA | MN | 55987 | NONE | PC | GENERAL | $20,000 | |||||
| BENILDE ST MARGARETS HIGH SCHOOL | ||||||||||||
| 2501 HIGHWAY 100 S | ST LOUIS PARK | MN | 55416 | NONE | PC | GENERAL | $10,000 | |||||
| COTTER HIGH SCHOOL | ||||||||||||
| W BROADWAY ST | WINONA | MN | 55987 | NONE | PC | GENERAL | $62,000 | |||||
| VITERBO UNIVERSITY | ||||||||||||
| 900 VITERBO UNIVERSITY | LA CROSSE | WI | 54601 | NONE | PC | GENERAL | $50,000 | |||||
| WINONA ORC INDUSTRIES | ||||||||||||
| 1053 E MARK ST | WINONA | MN | 55987 | NONE | PC | GENERAL | $6,000 | |||||
| CRADLE OF HOPE INC | ||||||||||||
| 1657 THE FAIRWAY 140 | JENKINTOWN | PA | 19046 | NONE | PC | GENERAL | $3,000 | |||||
| LUNDSTROM PERFORMING ARTS | ||||||||||||
| 1617 N 2ND ST | MINNEAPOLIS | MN | 55411 | NONE | PC | GENERAL | $10,000 | |||||
| WINONA VOLUNTEER SERVICES | ||||||||||||
| 402 E 2ND ST | WINONA | MN | 55987 | NONE | PC | GENERAL | $10,000 | |||||
| NORTHSIDE ACHIEVEMENT ZONE | ||||||||||||
| 1964 N 2ND ST | MINNEAPOLIS | MN | 55411 | NONE | PC | GENERAL | $10,000 | |||||
| POLISH MUSEUM OF AMERICA | ||||||||||||
| 984 N MILWAUKEE AVE | CHICAGO | IL | 60642 | NONE | PC | GENERAL | $7,465 | |||||
| Stowarzyszenie Przyjaciol Dzieci | ||||||||||||
| NONE | PC | GENERAL | $26,600 | Teofila Lenartowicza 14 | KRAKOW | PL | 31-020 | |||||
| THE BASILICA OF ST STANISLAUS KOSTKA | ||||||||||||
| 625 E 4TH ST | WINONA | MN | 55987 | NONE | PC | GENERAL | $15,938 | |||||
| CATHOLIC FOUNDATION OF SOUTHERN MINNESOTA | ||||||||||||
| PO BOX 30098 | WINONA | MN | 55987 | NONE | PC | GENERAL | $1,550 | 750 TERRACE HEIGHTS SUITE 105 | ||||
| ST MARGARET MARY CHURCH | ||||||||||||
| 2323 ZENITH AVE N | GOLDEN VALLEY | MN | 55422 | NONE | PC | GENERAL | $5,000 | |||||
| CHURCH OF THE ASCENSION | ||||||||||||
| 1723 N BRYANT AVE | MINNEAPOLIS | MN | 55411 | NONE | PC | GENERAL | $5,000 | |||||
| CHURCH OF THE GOOD SHEPARD | ||||||||||||
| 4801 FRANCE AVE SOUTH | MINNEAPOLIS | MN | 55410 | NONE | PC | GENERAL | $5,000 | |||||
| CONCORDIA UNIVERSITY | ||||||||||||
| 1282 CONCORDIA AVE | ST PAUL | MN | 55104 | NONE | PC | GENERAL | $4,275 | |||||
| MINNESOTA MASTERPIECE HALL | ||||||||||||
| PO BOX 322 | WINONA | MN | 55987 | NONE | PC | GENERAL | $20,000 | |||||
| MINNESOTA 100 CLUB | ||||||||||||
| PO BOX 1066 | ANOKA | MN | 55303 | NONE | PC | GENERAL | $1,000 | |||||
| PARK CENTER HIGH SCHOOL | ||||||||||||
| 7501 NOBLE AVENUE NORTH | BROOKLYN PARK | MN | 55443 | NONE | PC | GENERAL | $4,500 | |||||
| SHINGLE CREEK VICTORY COUNCIL | ||||||||||||
| 2233 49TH AVE N | MINNEAPOLIS | MN | 55430 | NONE | PC | GENERAL | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $500,100 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $513,279 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $633,883 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|
| OTHER INCOME | 01 | -$293,905 | |
| LESS AMOUNTS REPORTED ON 990T | $121,530 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $121,530 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $853,257 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $974,787 | 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 |
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 Person | HAROLD HAPPEL REV TRUST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1666 VALLEY VIEW DRIVE | AddressLine1Txt |
| City | WINONA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55987 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $257,113 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 3700 SHS FASTENAL | NoncashPropertyDesc |
| Fair Market Value | $257,113 | FairMarketValueAmt |
| Received | 2024-01-23 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FH FEES | CategoryTxt |
| Amt | $13,776 | Amt |
| Net Investment Income | $6,888 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,888 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CHARLES SCHWAB | BondNm |
| EOY Book Value | $6,412,208 | EOYBookValueAmt |
| EOYFMV | $6,458,746 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt |
|---|---|---|
| ALPHA KEYS KKR ENERGY INC | AT COST | $201,964 |
| BRIGHTWATER HOLDINGS SERIES D | AT COST | $16,333 |
| CHG-MF LLC | AT COST | $0 |
| CHG-COINVESTMENT LLC | AT COST | $497,422 |
| CHG-BLACKBIRD LLC | AT COST | $461,704 |
| CHG-GRANARY LLC | AT COST | $81,815 |
| CHG-NEWBERRY LLC | AT COST | $48,613 |
| HKI BRIGHTSOURCE LLC | AT COST | $0 |
| CHG - COINVESTMENT II LLC | AT COST | $1,553,264 |
| CHG - OET LLC | AT COST | $0 |
| CHG - SG LLC | AT COST | $598,781 |
| CHG - SN LLC | AT COST | $0 |
| CHG - CREDIT LLC | AT COST | $1,904,296 |
| CHG - MF II LLC | AT COST | $0 |
| CHG - CASTILIAN LLC | AT COST | $492,125 |
| CHG - COINVESTMENT III LLC | AT COST | $1,175,596 |
| CHG - GC LLC | AT COST | $1,382,048 |
| CHG - LF I LLC | AT COST | $1,047,040 |
| CHG - BLACKBIRD II LLC | AT COST | $1,075,871 |
| CHG - PEARLMARK LLC | AT COST | $477,376 |
| HKI HG CO-INVESTMENT | AT COST | $1,899 |
| WINONA CO-OP | AT COST | $10,000 |
| CHG-BIG | AT COST | $84,677 |
| CHG-COINVESTMENT IV LLC | AT COST | $89,503 |
| CHG-COINVESTMENT V LLC | AT COST | $485,286 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $14,111 | LegalFeesAmt |
| Net Investment Income | $7,055 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,056 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT - 102 WALNUT | $990 | $990 | $990 |
| DUE FROM AFFILIATES | $0 | $114 | $114 |
| DUE FROM CHG NEWBERRY | $30,079 | $49,888 | $49,888 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS | $0 |
| FOR STOCK DONATED TO THE FOUNDATION | $254,697 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $3,377 | $1,688 | $1,689 |
| NONDEDUCTIBLE EXPENSES | $3,035 | ||
| BANK SERVICES CHARGES | $996 | $498 | $498 |
| TRAVEL EXPENSE | $2,621 | $1,311 | $1,310 |
| RENT EXPENSE | $12,865 | $6,432 | $6,433 |
| OFFICE UTILITIES | $667 | $334 | $333 |
| MEALS | $878 | ||
| OTHER EXPENSE | $623 | ||
| WIRE FEE | $50 | $50 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Net Investment IncomeNetInvestmentIncomeAmt | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|---|
| LESS AMOUNT REPORTED ON 990-T | -$121,530 | |
| PARTNERSHIP INCOME/LOSS | -$173,120 | -$173,120 |
| OTHER INCOME | $543 | |
| STATE TAX REFUND | $45 | |
| FED TAX REFUND | $157 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOCUPLETO II - AI, LLC | Desc |
| BOY Book Value | $90,548 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEE | $149,621 | $149,621 | |
| CONSULTING FEE | $25,000 | $25,000 | |
| TRUSTEE FEES | $64,121 | $32,061 | $32,060 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $16,000 | ||
| STATE TAXES | $21,472 | $9,167 | |
| FOREIGN TAXES | $2,566 | $2,566 | |
| PAYROLL TAXES | $7,431 | $7,431 |
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