BETA

RICHARD BURY FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
RICHARD BURY FOUNDATION INC (EIN 45-0544142)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-03
IRS object ID
201821239349101257
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-03T13:51:12-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263401425PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HW & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112301 WHITEWATER DRIVE SUITE 115AddressLine1Txt
CityMINNETONKACityNm
State AbbreviationMNStateAbbreviationCd
ZIP553433932ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450544142EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BURY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRICHBusinessNameControlTxt
Phone6127182425PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17271 KURVERS POINT ROADAddressLine1Txt
CityCHANHASSENCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55317ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSANDRA A CARLSONPersonNm
Person TitleBOARD MEMBERPersonTitleTxt
Phone6127182425PhoneNum
Signature2018-05-03SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJUDE ANHELUKPreparerPersonNm
PTINP00939161PTIN
Phone9529390910PhoneNum
Preparation2018-05-03PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$277,309FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Other Income Rev And Expnss$3,364OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$3,364OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$3,364TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Total Adj Net Incm$3,364TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$4,000CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$300AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$300AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,682TaxesRevAndExpnssAmt
Taxes Adj Net Incm$1,682TaxesAdjNetIncmAmt
Deprec And Dpltn Rev And Expnss$5,769DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$1,834OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$1,834OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$13,585TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$300TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$3,516TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$100ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$100ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$13,685TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$300TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$3,516TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$100TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$10,321ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,861CashBOYAmt
Cash EOY$2,309CashEOYAmt
Cash EOYFMV$2,309CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$275,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$63,701LandBldgEquipAccumDeprecAmt
Land BOY$217,068LandBOYAmt
Land EOY$211,299LandEOYAmt
Land EOYFMV$275,000LandEOYFMVAmt
Total Assets BOY$223,929TotalAssetsBOYAmt
Total Assets EOY$213,608TotalAssetsEOYAmt
Total Assets EOYFMV$277,309TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$223,929RetainedEarningBOYAmt
Retained Earning EOY$213,608RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$223,929TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$213,608TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$223,929TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$213,608TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$223,929TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$10,321ExcessRevenueOverExpensesAmt
Subtotal$213,608SubtotalAmt
Tot Net Ast Or Fund Balances EOY$213,608TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$4,500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$6,646NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.677099DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,525AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$3,811NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.400157DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,200AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$4,609NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.260360DistributionYr3Rt
Adjusted Qlfy Distri Yr4$1,300AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,842NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.705755DistributionYr4Rt
Adjusted Qlfy Distri Yr5$2,707AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$767NetVlNoncharitableAssetsYr5Amt
Distribution Yr53.529335DistributionYr5Rt
Total Distribution5.572706TotalDistributionRt
Average Distribution1.114541AverageDistributionRt
Net Vl Noncharitable Assets$6,531NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$7,279AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$7,279AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$100QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTHE FOUNDATIONIndividualWithBooksNm
Phone6126192074PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17121 KURVERS POINT ROADAddressLine1Txt
CityCHANHASSENCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55317ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BLAIR BURY
17536 BEARPATH TRAILEDEN PRAIRIEMN55347BOARD MEMBER1.00$1,000$0$0
BEVERLY SYLVESTRE
13386 KERRY LANEEDEN PRAIRIEMN55344BOARD MEMBER1.00$1,000$0$0
ROBIN BURY POSUSTA
5605 COUNTY ROAD 4MINNETONKAMN55345BOARD MEMBER1.00$1,000$0$0
SANDRA A CARLSON
7271 KURVERS POINT ROADCHANHASSENMN55317BOARD MEMBER1.00$1,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,630AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,630TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,630AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$99CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,531NetVlNoncharitableAssetsAmt
Minimum Investment Return$327MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$327MinimumInvestmentReturnAmt
Distributable Before Adj$327DistributableBeforeAdjAmt
Distributable Before Ded$327DistributableBeforeDedAmt
Distributable As Adjusted$327DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$100ExpensesAndContributionsAmt
Qualifying Distributions$100QualifyingDistributionsAmt
Adjusted Qualifying Distri$100AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$327DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,669ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,208ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$970ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,334ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$4,168ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,349TotalExcessDistributionCyovAmt
Qualifying Distributions$100QualifyingDistributionsAmt
Applied To Current Year$100AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$227ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$227ExcessDistributionCyovAppCYAmt
Total Corpus$10,122TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,442ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$7,680ExcessDistriCyovToNextYrAmt
Excess From Year4$1,208ExcessFromYear4Amt
Excess From Year3$970ExcessFromYear3Amt
Excess From Year2$1,334ExcessFromYear2Amt
Excess From Year1$4,168ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN RED CROSSBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11201 WEST RIVER PARKWAYAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55454ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL FUND OF ORGANIZATIONGrantOrContributionPurposeTxt
Amt$100Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$100TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp

FieldValueIRS element (for citing)
DescSUBSIDIZED RENTDesc
Exclusion16ExclusionCd
Exclusion$3,364ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,364ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,364TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1ALineNumberTxt
Relationship StatementTHE FOUNDATION OWNS AND LEASES A BUILDING IN CROSS LAKE MN TO AN UNRELATED 501(C)(3) ORGANIZATION. RENTS CHARGED TO THE UNAFFILIATED EXEMPT ORGANIZATION ARE AT LESS THAN FAIR VALUE FOR THE PURPOSE OF AIDING THE TENANTS EXEMPT FUNCTION.RelationshipStatementTxt

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)
CategoryACCOUNTINGCategoryTxt
Amt$300Amt
Net Investment Income$300NetInvestmentIncomeAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
CROSS LAKE BUILDING2006-12-27$225,000$57,932S/L39.0000$5,769
CROSS LAKE LAND2006-12-27$50,000

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING$225,000$63,701$161,299$225,000
LAND$50,000$50,000$50,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
BANK FEES$16$16
FILING AND REGISTRATION$25$25
REPAIRS AND MAINTENANCE$1,793$1,793

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescSUBSIDIZED RENTDesc
Revenue And Expenses Per Books$3,364RevenueAndExpensesPerBooksAmt
Adjusted Net Income$3,364AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryREAL ESTATE TAXESCategoryTxt
Amt$1,682Amt
Adjusted Net Income$1,682AdjustedNetIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.