RICHARD BURY FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
RICHARD BURY FOUNDATION INC (EIN 45-0544142)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-03
IRS object ID
201703079349100010
Schema version
2016v3.0
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)
Return2017-11-03T10:25:04-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411763115PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PIEHL HANSON BECKMAN PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1700 SOUTH GRADE RD SW PO BOX 399AddressLine1Txt
CityHUTCHINSONCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55350ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

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

US Address USAddress

FieldValueIRS element (for citing)
Address Line17271 KURVERS POINT RDAddressLine1Txt
CityCHANHASSENCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55317ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBEVERLY SYLVESTREPersonNm
Person TitleBOARD MEMBERPersonTitleTxt
Signature2017-10-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT ZIEGLERPreparerPersonNm
PTINP00933115PTIN
Phone3202344430PhoneNum
Preparation2017-10-17PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id4A975B61FD1EFD9300705EF34B484D3AA1A2ED42AtSubmissionCreationDeviceId
At Submission Filing Device IdB5AF86BE4C7E2721889D34699BB1C63A1848B6CEAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$281,864FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$5,000ContriRcvdRevAndExpnssAmt
Other Income Rev And Expnss$3,980OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$3,980OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$8,980TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Total Adj Net Incm$3,980TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$265AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$265AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$3,980TaxesRevAndExpnssAmt
Taxes Adj Net Incm$3,980TaxesAdjNetIncmAmt
Deprec And Dpltn Rev And Expnss$5,769DeprecAndDpltnRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$10,014TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$265TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$3,980TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$4,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$4,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,514TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$265TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$3,980TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$4,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$5,534ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,626CashBOYAmt
Cash EOY$6,861CashEOYAmt
Cash EOYFMV$6,864CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$275,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$57,932LandBldgEquipAccumDeprecAmt
Land BOY$222,837LandBOYAmt
Land EOY$217,068LandEOYAmt
Land EOYFMV$275,000LandEOYFMVAmt
Total Assets BOY$229,463TotalAssetsBOYAmt
Total Assets EOY$223,929TotalAssetsEOYAmt
Total Assets EOYFMV$281,864TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$229,463RetainedEarningBOYAmt
Retained Earning EOY$223,929RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$229,463TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$223,929TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$229,463TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$223,929TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$229,463TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$5,534ExcessRevenueOverExpensesAmt
Subtotal$223,929SubtotalAmt
Tot Net Ast Or Fund Balances EOY$223,929TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,525AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$3,811NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.400157DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,200AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$4,609NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.260360DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,300AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,842NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.705755DistributionYr3Rt
Adjusted Qlfy Distri Yr4$2,707AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$767NetVlNoncharitableAssetsYr4Amt
Distribution Yr43.529335DistributionYr4Rt
Adjusted Qlfy Distri Yr5$5,367AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,191NetVlNoncharitableAssetsYr5Amt
Distribution Yr54.506297DistributionYr5Rt
Total Distribution9.401904TotalDistributionRt
Average Distribution1.880381AverageDistributionRt
Net Vl Noncharitable Assets$6,646NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$12,497AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$12,497AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$4,500QualifyingDistributionsAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6126192074PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17271 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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BLAIR BURY
7271 KURVERS POINT RDCHANHASSENMN55317BOARD MEMBER1.00$0$0$0
BEVERLY SYLVESTRE
13386 KERRY LANEEDEN PRAIRIEMN55346BOARD MEMBER1.00$0$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$6,747AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,747TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,747AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$101CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,646NetVlNoncharitableAssetsAmt
Minimum Investment Return$332MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$332MinimumInvestmentReturnAmt
Distributable Before Adj$332DistributableBeforeAdjAmt
Distributable Before Ded$332DistributableBeforeDedAmt
Distributable As Adjusted$332DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$4,500ExpensesAndContributionsAmt
Qualifying Distributions$4,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$4,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$332DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$5,307ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,669ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,208ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$970ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,334ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$11,488TotalExcessDistributionCyovAmt
Qualifying Distributions$4,500QualifyingDistributionsAmt
Applied To Current Year$332AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,168RemainingDistriFromCorpusAmt
Total Corpus$15,656TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$5,307ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$10,349ExcessDistriCyovToNextYrAmt
Excess From Year4$2,669ExcessFromYear4Amt
Excess From Year3$1,208ExcessFromYear3Amt
Excess From Year2$970ExcessFromYear2Amt
Excess From Year1$1,334ExcessFromYear1Amt
Excess From Current Year$4,168ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SHARING & CARING HANDS
525 N TH STMINNEAPOLISMN55405NONEPCENTITIES GENERAL FUND$1,500
AMERICAN RED CROSS
1201 WEST RIVER PARKWAYMINNEAPOLISMN55454NONEPCGENERAL FUND OF ORGANIZATION$500
FRIENDS OF 261
401 HARRISON ST NEMINNEAPOLISMN55413NONEPCGENERAL FUND OF ORGANIZATION$2,000
PURPLE HEARTS
PO BOX 2121GEORGIAVT05468NONEPCGENERAL FUND OF ORGANIZATION$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$4,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp

FieldValueIRS element (for citing)
DescSUSIDIZED RENTDesc
Exclusion16ExclusionCd
Exclusion$3,980ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,980ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,980TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonRICHARD BURYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11511 HERON DRAddressLine1Txt
CityCHANHASSENCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55317ZIPCd
FieldValueIRS element (for citing)
Total Contributions$5,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$265Amt
Net Investment Income$265NetInvestmentIncomeAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
CROSS LAKE BUILDING2006-12-27$225,000$52,163S/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
CROSS LAKE BUILDING$225,000$57,932$167,068$225,000
$50,000$50,000$50,000

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescSUSIDIZED RENTDesc
Revenue And Expenses Per Books$3,980RevenueAndExpensesPerBooksAmt
Adjusted Net Income$3,980AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryREAL ESTATE TAXESCategoryTxt
Amt$3,980Amt
Adjusted Net Income$3,980AdjustedNetIncomeAmt

Comments

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