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MAGNUS CHARITABLE TR: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MAGNUS CHARITABLE TR (EIN 36-4049284)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-10-15
IRS object ID
201832889349100923
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)
Return2018-10-15T16:53:11-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362700600PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WINEBERG SOLHEIM HOWELL & SHAIN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1180 N LASALLE ST STE 2200AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364049284EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGNUS CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAGNBusinessNameControlTxt
Phone3127872595PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1230 E OHIO ST NO 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARIA MAGNUSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3127872595PhoneNum
Signature2018-10-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S SOLHEIM CPAPreparerPersonNm
PTINP00570974PTIN
Phone3123720440PhoneNum
Preparation2018-10-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.140.55.90IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-10-08IPDt
IP Tm10:36:23IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id1BD3BB25ECC3EF9F848E723B693EFFEB315E5623AtSubmissionCreationDeviceId
At Submission Filing Device Id1BD3BB25ECC3EF9F848E723B693EFFEB315E5623AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,896,469FMVAssetsEOYAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$13,272InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$13,272InterestOnSavNetInvstIncmAmt
Gross Rents Rev And Expnss$1,608,514GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1,608,514GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$545,152NetRentalIncomeOrLossAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,621,786TotalRevAndExpnssAmt
Total Net Invst Incm$1,621,786TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Taxes Rev And Expnss$343,469TaxesRevAndExpnssAmt
Taxes Net Invst Incm$343,469TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$111,557DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$106,522DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$536,732OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$536,732OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$0OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$107,977OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$71,604OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$36,373OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,099,735TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,058,327TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$36,373TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$516,065ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$516,065ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,615,800TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,058,327TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$552,438TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,986ExcessRevenueOverExpensesAmt
Net Investment Income$563,459NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$507,642CashBOYAmt
Sav And Temp Cash Invst BOY$1,978,172SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,351,225SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,351,225SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$45,244AcctRcvblAmt
Acct Rcvbl BOY$11,122AcctRcvblBOYAmt
Acct Rcvbl EOY$45,244AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$45,244AcctRcvblEOYFMVAmt
Invst Land Cost Or Other Basis$7,599,213InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$1,414,809InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$7,157,259LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$6,184,404LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$7,500,000LandBldgInvestmentsEOYFMVAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$214,940OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$9,654,195TotalAssetsBOYAmt
Total Assets EOY$8,795,813TotalAssetsEOYAmt
Total Assets EOYFMV$9,896,469TotalAssetsEOYFMVAmt
Other Liabilities BOY$715,418OtherLiabilitiesBOYAmt
Other Liabilities EOY$485,161OtherLiabilitiesEOYAmt
Total Liabilities BOY$715,418TotalLiabilitiesBOYAmt
Total Liabilities EOY$485,161TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$200CapitalStockBOYAmt
Capital Stock EOY$200CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$8,938,577RetainedEarningBOYAmt
Retained Earning EOY$8,310,452RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$8,938,777TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,310,652TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,654,195TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,795,813TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,938,777TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,986ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$8,944,763SubtotalAmt
Other Decreases$634,111OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$8,310,652TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$444,655AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$8,051,283NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.055228DistributionYr1Rt
Adjusted Qlfy Distri Yr2$372,028AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$9,291,406NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.040040DistributionYr2Rt
Adjusted Qlfy Distri Yr3$443,263AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$7,982,637NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.055528DistributionYr3Rt
Adjusted Qlfy Distri Yr4$465,294AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$8,633,630NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.053893DistributionYr4Rt
Adjusted Qlfy Distri Yr5$498,266AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$9,537,203NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.052244DistributionYr5Rt
Total Distribution0.256933TotalDistributionRt
Average Distribution0.051387AverageDistributionRt
Net Vl Noncharitable Assets$8,932,061NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$458,992AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$5,635NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$464,627AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$552,438QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$5,635InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$5,635SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$5,635TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,904EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$6,904TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$1,269OverpaymentAmt
Applied To ES Tax$1,269AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MARIA MAGNUSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3127872595PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1230 E OHIO ST STE 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARIA MAGNUS
230 E OHIO STCHICAGOIL60611TRUSTEE20.00$0$0$0
VICTORIA MAGNUS
230 E OHIO STCHICAGOIL60611TRUSTEE20.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,418,082AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$6,650,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,068,082TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$9,068,082AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$136,021CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,932,061NetVlNoncharitableAssetsAmt
Minimum Investment Return$446,603MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$446,603MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,635TaxBasedOnInvestmentIncomeAmt
Total Tax$5,635TotalTaxAmt
Distributable Before Adj$440,968DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$440,968DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$440,968DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$552,438ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$552,438QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$5,635PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$546,803AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$440,968DistributableAsAdjustedAmt
Undistributed Income PY$395,897UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$552,438QualifyingDistributionsAmt
Applied To Year1$395,897AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$156,541AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$284,427UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MAYO CLINIC
201 1ST ST SWROCHESTERMN55905UNRELATED501(C)3GENERAL$250,000
RED CROSS
2200 W HARRISONCHICAGOIL60612UNRELATED501(C)3GENERALGENERAL SUPPORT$10,000
CHICAGO COALITION FOR THE HOMELESS
70 E LAKE STCHICAGOIL60601UNRELATED501(C)3GENERAL$10,000
CATHOLIC CHARITIES
721 N LASALLE STCHICAGOIL60661UNRELATED501(C)3GENERAL$1,230
CPD
3510 S MICHIGANCHICAGOIL60653UNRELATED501(C)3GENERAL$2,500
SCHOLARSHIP RECIPIENTS PAID IN 2017
230 E OHIO ST STE 400CHICAGOIL60611UNRELATED501(C)3COLLEGE SCHOLARSHIPS$211,983
PERSECUTION PROJECT FOUNDATION
PO BOX 1327CULPEPERVA22701UNRELATED501(C)3GENERAL$2,500
POPE JOHN PAUL II CATHOLIC SCHOOL
4325 S RAYMOMD STCHICAGOIL60632UNRELATED501(C)3GENERALENERAL$5,352
IMMERMAN ANGELS
205 W RANDOLPFCHICAGOIL60606UNRELATED501(C)3GENERAL$20,000
INNOCENCE PROJECT
300 BURNETTFT WORTHTX76102UNRELATED501(C)3GENERAL$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$516,065TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1NEEDY SCHOLARSHIP RECIPIENTS AWARDED IN 2014 PD IN FUTUREBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1230 E OHIO ST STE 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipUNRELATEDRecipientRelationshipTxt
Recipient Foundation Status501(C)3RecipientFoundationStatusTxt
Grant Or Contribution PurposeCOLLEGE SCHOLARSHIPSGrantOrContributionPurposeTxt
Amt$214,940Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$214,940TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$13,272ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$545,152ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$558,424ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$558,424TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Amortization Schedule AmortizationSchedule

Amortization Schedule Detail AmortizationScheduleDetail (15 entries)

Amortized ExpensesAmortizedExpensesDescAcquired Completed Or ExpendedAcquiredCompletedOrExpendedDtAmortizedAmortizedAmtDeduction For Prior YearsDeductionForPriorYearsAmtAmortization PeriodAmortizationPeriodRtCurrent Year AmortizationCurrentYearAmortizationAmtNet Investment IncomeNetInvestmentIncomeAmtTotal AmortizationTotalAmortizationAmt
LEASE COMM HOOTENANNY2012-03-02$60,800$27,550128.000000000000$5,700$5,700$33,250
LEASE COMM ASUG2012-10-30$193,375$80,575120.000000000000$19,338$19,338$99,913
LEASE COMM PULMONARY2012-12-07$28,770$28,77036.000000000000$0$28,770
LEASE COMM 4002013-01-31$30,363$23,78660.000000000000$6,073$6,073$29,859
LEASE COMM 4032013-05-10$18,769$13,76560.000000000000$3,754$3,754$17,519
LEASE COMM 4052013-07-29$9,555$6,52960.000000000000$1,911$1,911$8,440
LEASE COMM 4082013-11-01$10,125$6,41360.000000000000$2,025$2,025$8,438
LEASE COMM 4102013-11-01$2,168$1,37460.000000000000$434$434$1,808
LEASE COMM 6002014-06-01$53,331$27,55460.000000000000$10,666$10,666$38,220
LEASE COMM 2102014-01-01$1,925$1,15560.000000000000$385$385$1,540
LEASE COMM 6032014-07-01$17,106$8,55360.000000000000$3,421$3,421$11,974
LEASE COMM 104/2072014-08-01$17,448$8,43460.000000000000$3,490$3,490$11,924
LEASE COMM 4062014-11-20$4,976$2,07360.000000000000$995$995$3,068
LEASE COMM 3052015-01-14$14,645$5,85860.000000000000$2,929$2,929$8,787
LEASE COMM 1122015-01-22$7,935$3,04260.000000000000$1,587$1,587$4,629

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (45 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
FURNITURE2010-10-15$40,000$33,146200DB7.000000000000$1,784$4,286
BUILDING2005-07-01$2,513,502$814,476SL39.000000000000$64,449$64,449
LAND2005-07-01$3,448,076L$0$0
FORD VEHICLE2008-01-15$18,000$18,000200DB5.000000000000$0$0
EQUIPMENT2008-01-15$8,343$8,343200DB5.000000000000$0$0
CC TV CAMERA2008-10-15$391$309200DB5.000000000000$0$0
BUILDING IMPROVEMENTS2006-08-01$2,775$941SL39.000000000000$71$71
BUILDING IMPROVEMENTS 4TH2013-08-15$41,003$3,591SL39.000000000000$1,051$1,051
BUILDING IMPROVEMENTS 6TH2013-11-18$10,790$854SL39.000000000000$277$277
BUILDING IMPROVEMENTS LOBBY2013-02-19$8,016$789SL39.000000000000$206$206
BUILDING IMPROVEMENTS WASHROOM2013-03-18$29,681$2,854SL39.000000000000$761$761
BUILDING IMPROVEMENTS #2072013-09-18$8,961$747SL39.000000000000$230$230
BUILDING IMPROVEMENTS #2082013-01-15$1,809$184SL39.000000000000$46$46
BUILDING IMPROVEMENTS #4002013-01-31$106,744$10,720SL39.000000000000$2,737$2,737
BUILDING IMPROVEMENTS #4032013-05-10$58,788$5,526SL39.000000000000$1,507$1,507
BUILDING IMPROVEMENTS #4052013-07-29$37,630$3,297SL39.000000000000$965$965
BUILDING IMPROVEMENTS #4082013-11-01$35,490$2,882SL39.000000000000$910$910
BUILDING IMPROVEMENTS #4102013-11-01$27,348$2,220SL39.000000000000$701$701
BUILDING IMPROVEMENTS #5002013-01-15$53,736$5,512SL39.000000000000$1,378$1,378
BUILDING IMPROVEMENTS #7062013-12-17$2,016$156SL39.000000000000$52$52
FURNITURE 20132013-01-18$1,445$496200DB7.000000000000$65$206
BUILDING IMPROVEMENTS 1ST2014-09-04$19,631$1,174SL39.000000000000$503$503
BUILDING IMPROVEMENTS 4TH2014-04-14$6,681$470SL39.000000000000$171$171
BUILDING IMPROVEMENTS 6TH2014-07-14$28,821$1,848SL39.000000000000$739$739
BUILDING IMPROVEMENTS 1012014-06-16$2,470$158SL39.000000000000$63$63
BUILDING IMPROVEMENTS #1022014-12-15$4,492$240SL39.000000000000$115$115
BUILDING IMPROVEMENTS #1062014-12-15$5,186$277SL39.000000000000$133$133
BUILDING IMPROVEMENTS #2072014-08-01$40,279$2,496SL39.000000000000$1,033$1,033
BUILDING IMPROVEMENTS #3052014-02-01$9,223$689SL39.000000000000$236$236
BUILDING IMPROVEMENTS #4052014-02-17$3,887$283SL39.000000000000$100$100
BUILDING IMPROVEMENTS #4062014-12-15$28,843$1,542SL39.000000000000$740$740
BUILDING IMPROVEMENTS #6002014-06-01$154,814$10,256SL39.000000000000$3,970$3,970
BUILDING IMPROVEMENTS #6032014-07-01$73,568$4,715SL39.000000000000$1,886$1,886
BUILDING IMPROVEMENTS 1042015-06-01$23,167$941SL39.000000000000$594$594
BUILDING IMPROVEMENTS 1122015-01-01$34,026$1,744SL39.000000000000$872$872
BUILDING IMPROVEMENTS 3052015-01-01$44,394$2,276SL39.000000000000$1,138$1,138
BUILDING IMPROVEMENTS 4002015-10-01$9,815$315SL39.000000000000$252$252
BUILDING IMPROVEMENTS 4062015-10-01$6,250$200SL39.000000000000$160$160
BUILDING IMPROVEMENTS 6052015-02-01$53,168$2,613SL39.000000000000$1,363$1,363
FRIDGE2015-10-28$500$97200DB7.000000000000$44$71
2016 HONDA HRV2015-08-13$24,037$3,680200DB7.000000000000$2,537$2,945
OFFICE FURNITURE 20162016-02-15$47,435$3,388200DB7.000000000000$5,808$6,776
OFFICE FURNITURE 20162016-05-15$8,430$602200DB7.000000000000$1,032$1,204
OFFICE FURNITURE 20172017-07-01$18,506200DB7.000000000000$10,575$1,322
BUILDING IMPROVEMENTS2017-07-01$25,754SL39.000000000000$303$303

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (60 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
FURNITURE$40,000$34,930$5,070
BUILDING$2,513,502$878,925$1,634,577
LAND$3,448,076$0$3,448,076
FORD VEHICLE$18,000$18,000$0
EQUIPMENT$8,343$8,343$0
CC TV CAMERA$391$309$82
BUILDING IMPROVEMENTS$2,775$1,012$1,763
LEASE COMM HOOTENANNY$60,800$33,250$27,550
LEASE COMM ASUG$193,375$99,913$93,462
LEASE COMM PULMONARY$28,770$28,770$0
BUILDING IMPROVEMENTS 4TH$41,003$4,642$36,361
BUILDING IMPROVEMENTS 6TH$10,790$1,131$9,659
BUILDING IMPROVEMENTS LOBBY$8,016$995$7,021
BUILDING IMPROVEMENTS WASHROOM$29,681$3,615$26,066
BUILDING IMPROVEMENTS #207$8,961$977$7,984
BUILDING IMPROVEMENTS #208$1,809$230$1,579
BUILDING IMPROVEMENTS #400$106,744$13,457$93,287
BUILDING IMPROVEMENTS #403$58,788$7,033$51,755
BUILDING IMPROVEMENTS #405$37,630$4,262$33,368
BUILDING IMPROVEMENTS #408$35,490$3,792$31,698
BUILDING IMPROVEMENTS #410$27,348$2,921$24,427
BUILDING IMPROVEMENTS #500$53,736$6,890$46,846
BUILDING IMPROVEMENTS #706$2,016$208$1,808
FURNITURE 2013$1,445$1,284$161
LEASE COMM 400$30,363$29,859$504
LEASE COMM 403$18,769$17,519$1,250
LEASE COMM 405$9,555$8,440$1,115
LEASE COMM 408$10,125$8,438$1,687
LEASE COMM 410$2,168$1,808$360
BUILDING IMPROVEMENTS 1ST$19,631$1,677$17,954
BUILDING IMPROVEMENTS 4TH$6,681$641$6,040
BUILDING IMPROVEMENTS 6TH$28,821$2,587$26,234
BUILDING IMPROVEMENTS 101$2,470$221$2,249
BUILDING IMPROVEMENTS #102$4,492$355$4,137
BUILDING IMPROVEMENTS #106$5,186$410$4,776
BUILDING IMPROVEMENTS #207$40,279$3,529$36,750
BUILDING IMPROVEMENTS #305$9,223$925$8,298
BUILDING IMPROVEMENTS #405$3,887$383$3,504
BUILDING IMPROVEMENTS #406$28,843$2,282$26,561
BUILDING IMPROVEMENTS #600$154,814$14,226$140,588
BUILDING IMPROVEMENTS #603$73,568$6,601$66,967
LEASE COMM 600$53,331$38,220$15,111
LEASE COMM 210$1,925$1,540$385
LEASE COMM 603$17,106$11,974$5,132
LEASE COMM 104/207$17,448$11,924$5,524
LEASE COMM 406$4,976$3,068$1,908
LEASE COMM 305$14,645$8,787$5,858
LEASE COMM 112$7,935$4,629$3,306
BUILDING IMPROVEMENTS 104$23,167$1,535$21,632
BUILDING IMPROVEMENTS 112$34,026$2,616$31,410
BUILDING IMPROVEMENTS 305$44,394$3,414$40,980
BUILDING IMPROVEMENTS 400$9,815$567$9,248
BUILDING IMPROVEMENTS 406$6,250$360$5,890
BUILDING IMPROVEMENTS 605$53,168$3,976$49,192
FRIDGE$500$391$109
2016 HONDA HRV$24,037$17,377$6,660
OFFICE FURNITURE 2016$47,435$32,914$14,521
OFFICE FURNITURE 2016$8,430$5,849$2,581
OFFICE FURNITURE 2017$18,506$10,575$7,931
BUILDING IMPROVEMENTS$25,754$303$25,451

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDEFERRED SCHOLARSHIPDesc
BOY Book Value$0BOYBookValueAmt
EOY Book Value$214,940EOYBookValueAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescADJUST LAND VALUEDesc
Amt$634,111Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SCHOLARSHIP MEETING$36,373$0$36,373
OFFICE$8,896$8,896$0
AMORTIZATION$62,708$62,708$0

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
SCHOLARSHIPS COMMITTED BUT UNPAID$424,315$214,940
SECURITY DEPOSITS$286,103$265,221
CONTRIBUTION PAYABLE$5,000$5,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryPROPERTY TAXESCategoryTxt
Amt$343,469Amt
Net Investment Income$343,469NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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