HELEN E SNEDDEN FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HELEN E SNEDDEN FOUNDATION (EIN 46-6702453)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201743199349104564
- 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
- Form 990-PF
- Schedule B
- Acty Not Previously Rpt Expln
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- 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 | 2017-11-15T13:43:51-09:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 466702453 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELEN E SNEDDEN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HELE | BusinessNameControlTxt |
| Phone | 9074581040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70432 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VIRGINIA N FARMIER | PersonNm |
| Person Title | TRUSTEE/EXEC DIR | PersonTitleTxt |
| Phone | 9074581040 | PhoneNum |
| Signature | 2017-11-10 | SignatureDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 15D069018EC817D052194CAE3F1E1C3812920223 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 15D069018EC817D052194CAE3F1E1C3812920223 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,475,078 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $15,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $115,005 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,536 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $68,295 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $68,295 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $103,528 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,497,337 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $29,999 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,382,454 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,382,454 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,684,282 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,494,284 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $125,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $100,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,608,559 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $3,583,379 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $25,180 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $934,154 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $865,109 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $69,045 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $73,236 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $15,144 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $58,092 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $369,767 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $362,751 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,016 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $70,408 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $33 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $70,375 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,652 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,294 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $360,665 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $360,665 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $37,434 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $27,419 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,015 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $33,200 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $33,053 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $147 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,853,073 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,844,462 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,611 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,469,148 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,118,309 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $348,481 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,469,148 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,118,309 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $348,481 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$784,866 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $190,541 | CashBOYAmt |
| Cash EOY | $341,089 | CashEOYAmt |
| Cash EOYFMV | $341,089 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $658,053 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $154,664 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $154,664 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $621,357 | AcctRcvblAmt |
| Acct Rcvbl EOY | $621,357 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $621,357 | AcctRcvblEOYFMVAmt |
| Inventories EOY | $182,489 | InventoriesEOYAmt |
| Inventories EOYFMV | $182,489 | InventoriesEOYFMVAmt |
| Prepaid Expenses EOY | $132,672 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $132,672 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $2,800,084 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,243,979 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,243,979 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,011,628 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,022,642 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,022,642 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $279,189 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $226,843 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $226,843 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,567,059 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,805,751 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,805,751 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $3,833,395 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,743,592 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,506,554 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,564,881 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,475,078 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $4,176 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $235,271 | AccountsPayableEOYAmt |
| Deferred Revenue EOY | $372,431 | DeferredRevenueEOYAmt |
| Other Liabilities EOY | $2,250,509 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,176 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,858,211 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $8,502,378 | UnrestrictedBOYAmt |
| Unrestricted EOY | $7,706,670 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,502,378 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,706,670 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,506,554 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,564,881 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,502,378 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$784,866 | ExcessRevenueOverExpensesAmt |
| Subtotal | $7,717,512 | SubtotalAmt |
| Other Decreases | $10,842 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,706,670 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $29,999 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $559,823 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,803,949 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.063588 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $117,299 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,002,741 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.023447 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,141 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $769,301 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.006683 | DistributionYr3Rt |
| Total Distribution | 0.093718 | TotalDistributionRt |
| Average Distribution | 0.031239 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,725,101 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $178,846 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $178,846 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,092,074 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Estimated Plus Ovpmt Incm Tx | $2,100 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $1,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $3,100 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,100 | OverpaymentAmt |
| Applied To ES Tax | $3,100 | AppliedToESTaxAmt |
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 | Yes (true) | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AK | 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 |
| Individual With Books | VIRGINIA N FARMIER | IndividualWithBooksNm |
| Phone | 9073225130 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70432 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | 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 | false | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VIRGINIA N FARMIER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70432 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE/EXEC | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $125,000 | CompensationAmt |
| Employee Benefit Program | $51,548 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FDNM FAIRBANKS DAILY NEWSMINER, LLC | Description1Txt |
| Expenses1 | $3,964,357 | Expenses1Amt |
| Description2 | KDM KODIAK DAILY MIRROR LLC | Description2Txt |
| Expenses2 | $779,236 | Expenses2Amt |
| Total | $4,743,593 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,673,308 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $138,977 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,812,285 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $5,812,285 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $87,184 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,725,101 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $286,255 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $286,255 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $286,255 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $286,255 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $286,255 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $348,481 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $4,743,593 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,092,074 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $5,092,074 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $286,255 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $38,388 | UndistributedIncomePYAmt |
| Qualifying Distributions | $5,092,074 | QualifyingDistributionsAmt |
| Applied To Year1 | $38,388 | AppliedToYear1Amt |
| Applied To Current Year | $286,255 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,767,431 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,767,431 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $4,767,431 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $4,767,431 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | HELEN E SNEDDEN FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70432 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9073225130 | RecipientPhoneNum |
| Recipient Email Address | VIRGINIA@SNEDDENFDN.ORG | RecipientEmailAddressTxt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $115,005 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $68,295 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $103,528 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (9 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| KDM - ADVERTISING REVENUE | 25 | $610,809 |
| KDM-CIRCULATION INCOME | 25 | $133,573 |
| KDM-ONLINE INCOME | 25 | $26,851 |
| KDM-MISC SALES | 25 | $14,066 |
| FDNM-ADVERTISING REVENUE | 25 | $3,833,400 |
| FDNM-CIRCULATION INCOME | 25 | $1,238,140 |
| FDNM-ONLINE INCOME | 25 | $411,140 |
| FDNM-PRINTING INCOME | 25 | $105,910 |
| FDNM-MISC SALES | 25 | $8,565 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $6,669,282 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,669,282 | 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 | HELEN SNEDDEN ADMINISTRATIVE TRUST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70432 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $15,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Acty Not Previously Rpt Expln ActyNotPreviouslyRptExpln
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION MADE TWO PROGRAM-RELATED INVESTMENTS ("PRIS") IN 2016 CONSISTING OF THE PURCHASE OF TWO SMALL DAILY NEWSPAPERS. WE BELIEVE THESE INVESTMENTS FURTHER OUR CHARITABLE PURPOSE OF PROVIDING SUPPORT TO THE LOCAL COMMUNITIES OF ALASKA. THESE NEWSPAPERS ARE ESSENTIAL FOR COMMUNICATING NEWS TO THESE ISOLATED RURAL ALASKAN COMMUNITIES. THE NEWSPAPERS WERE PURCHASED THROUGH AN ASSET SALE AND THE SALE PRICE WAS BASED ON THE FAIR MARKET VALUE OF THE REAL ESTATE AND EQUIPMENT. TWO LLCS WERE CREATED TO HOLD THE ASSETS FOR THE TWO NEWSPAPERS; FDNM FAIRBANKS DAILY NEWS-MINER, LLC AND KDM KODIAK DAILY MIRROR, LLC. THE FOUNDATION BELIEVES THAT PREVENTING THESE LOCAL ALASKAN NEWSPAPERS FROM FAILING PROVIDES ESSENTIAL SUPPORT TO THE COMMUNITY, FURTHERS THE IMPORTANT CONSTITUTIONAL RIGHT OF FREE SPEECH, AND PROMOTES CHARITABLE AND EDUCATIONAL PURPOSES. THESE INVESTMENTS QUALIFY AS PRIS BECAUSE (1)THE PRIMARY PURPOSE OF THE INVESTMENT IS TO ACCOMPLISH THE FOUNDATIONS CHARITABLE PURPOSE OF SUPPORTING ALASKAN COMMUNITIES; (2)THE ACTIVITY HAS NO SIGNIFICANT PROFITS PURPOSE; AND (3)THE ACTIVITY HAS NO LOBBYING OR POLITICAL PURPOSE. | ExplanationTxt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (36 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| AMCAP A | 2015-06 | PURCHASE | 2016-01 | $6,152 | $7,321 | -$1,169 |
| GRW OF AMER A | 2015-06 | PURCHASE | 2016-01 | $18,202 | $19,415 | -$1,213 |
| NEW ECONOMY A | 2015-06 | PURCHASE | 2016-01 | $11,754 | $12,568 | -$814 |
| AMCAP A | 2012-05 | PURCHASE | 2016-01 | $103,201 | $122,411 | -$19,210 |
| GRW OF AMER A | 2012-05 | PURCHASE | 2016-01 | $204,299 | $168,977 | $35,322 |
| NEW ECONOMY A | 2012-05 | PURCHASE | 2016-01 | $190,676 | $225,829 | -$35,153 |
| SMALLCAP WORLD A | 2014-09 | PURCHASE | 2016-01 | $281,776 | $338,240 | -$56,464 |
| AK ST BD BK | 2012-05 | PURCHASE | 2016-06 | $100,000 | $100,000 | |
| AK ST BD BK | 2012-05 | PURCHASE | 2016-06 | $100,000 | $100,000 | |
| AK HOUSING | 2011-04 | PURCHASE | 2016-06 | $75,000 | $75,000 | |
| AMRN BAL A | 2008-01 | PURCHASE | 2016-01 | $572,821 | $450,066 | $122,755 |
| CAP WRLD GRW INC A | 2008-01 | PURCHASE | 2016-01 | $405,444 | $391,507 | $13,937 |
| CLARK NV | 2009-10 | PURCHASE | 2016-06 | $20,000 | $20,000 | |
| GRANT WA PUD | 1999-07 | PURCHASE | 2016-01 | $200,000 | $199,509 | $491 |
| APPLE INC | 2015-11 | PURCHASE | 2016-11 | $480 | $445 | $35 |
| BEMIS COMPANY INC | 2015-12 | PURCHASE | 2016-11 | $232 | $236 | -$4 |
| CLOROX CO DEL | 2015-11 | PURCHASE | 2016-11 | $570 | $636 | -$66 |
| COCA COLA CO | 2015-12 | PURCHASE | 2016-11 | $275 | $286 | -$11 |
| DUPONT E | 2015-12 | PURCHASE | 2016-11 | $315 | $313 | $2 |
| KONINKLIJKE PHILIPS N V | 2016-06 | PURCHASE | 2016-11 | $214 | $184 | $30 |
| OTTER TAIL CORP | 2015-12 | PURCHASE | 2016-11 | $310 | $262 | $48 |
| PUBLIC STORAGE COM | 2015-12 | PURCHASE | 2016-11 | $1,228 | $1,449 | -$221 |
| SOUTHERN CO | 2015-12 | PURCHASE | 2016-11 | $490 | $466 | $24 |
| THE SCOTTS MIRACLE GRO CO | 2015-12 | PURCHASE | 2016-11 | $480 | $394 | $86 |
| VERIZON COMMUNICATIONS | 2016-02 | PURCHASE | 2016-11 | $423 | $456 | -$33 |
| APPLE INC | 2015-01 | PURCHASE | 2016-11 | $22,329 | $22,106 | $223 |
| BEMIS COMPANY INC | 2015-01 | PURCHASE | 2016-11 | $9,845 | $9,167 | $678 |
| CLOROX CO DEL | 2015-01 | PURCHASE | 2016-11 | $23,305 | $21,044 | $2,261 |
| COCA COLA CO | 2015-01 | PURCHASE | 2016-11 | $8,622 | $8,588 | $34 |
| DUPONT E | 2015-01 | PURCHASE | 2016-11 | $14,166 | $13,653 | $513 |
| KONINKLIJKE PHILIPS N V | 2015-01 | PURCHASE | 2016-11 | $6,208 | $6,007 | $201 |
| OTTER TAIL CORP | 2015-01 | PURCHASE | 2016-11 | $7,269 | $6,348 | $921 |
| PUBLIC STORAGE COM | 2015-01 | PURCHASE | 2016-11 | $42,675 | $38,458 | $4,217 |
| SOUTHERN CO | 2015-01 | PURCHASE | 2016-11 | $10,536 | $10,150 | $386 |
| THE SCOTTS MIRACLE GRO COMPANY | 2015-01 | PURCHASE | 2016-11 | $18,228 | $12,553 | $5,675 |
| VERIZON COMMUNICATIONS | 2015-01 | PURCHASE | 2016-11 | $9,813 | $9,765 | $48 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BONDS: TAXABLE | $212,043 | $212,043 |
| FIDELITY | $14,800 | $14,800 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EQUITIES | $646,896 | $646,896 |
| FIDELITY EQUITIES | $375,746 | $375,746 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $2,243,979 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $2,243,979 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,805,751 | BookValueAmt |
| EOYFMV | $1,805,751 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | CategoryCategoryTxt |
|---|---|---|---|
| $72,615 | $14,523 | $58,092 | |
| $531 | $531 | FDNM LEGAL EXPENSES | |
| $90 | $90 | KDM LEGAL EXPENSES |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN FDNM LLC | $2,650,890 | $3,478,216 |
| INVESTMENT IN KDM LLC | $1,182,505 | $1,265,376 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED APPRECIATION OF INVESTMENTS | Desc |
| Amt | $10,842 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| COMMUNICATION EXPENSE | $91,114 | $90,190 | $924 |
| SUPPLIES | $164,373 | $162,134 | $2,239 |
| POSTAGE | $47,529 | $47,213 | $316 |
| BOOKS, SUBSCRIPTIONS, REFEREN | $30,862 | $30,366 | $496 |
| MILEAGE REIMBURSEMENT | $18,387 | $17,874 | $513 |
| INTERNET FEES | $216 | $216 | |
| BANK SERVICE CHARGES | $87,637 | $87,617 | $20 |
| POSTAL BOX RENTAL | $200 | $200 | |
| MEMBERSHIP DUES | $8,012 | $7,047 | $965 |
| WORKERS COMP INSURANCE | $139,739 | $139,081 | $658 |
| MISCELLANEOUS EXPENSE | $184,323 | $182,259 | $2,064 |
| REPAIR & MAINTENANCE EXPENSE | $282,283 | $282,283 | |
| NEWSPRINT, INK & SUPPLIES | $309,242 | $309,242 | |
| DELIVERY RELATED EXPENSES | $260,142 | $260,142 | |
| INSURANCE | $99,457 | $99,457 | |
| INVESTMENT DEPRECIATION | $129,557 | $129,557 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| KDM - ADVERTISING REVENUE | $610,809 | $610,809 |
| KDM-CIRCULATION INCOME | $133,573 | $133,573 |
| KDM-ONLINE INCOME | $26,851 | $26,851 |
| KDM-MISC SALES | $14,066 | $14,066 |
| FDNM-ADVERTISING REVENUE | $3,833,400 | $3,833,400 |
| FDNM-CIRCULATION INCOME | $1,238,140 | $1,238,140 |
| FDNM-ONLINE INCOME | $411,140 | $411,140 |
| FDNM-PRINTING INCOME | $105,910 | $105,910 |
| FDNM-MISC SALES | $8,565 | $8,565 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| WEDBUSH SECURITIES-MARGIN ACCOUNT | $1,832,677 |
| ACCRUED SALARIES, VACATION, & EE WIT | $417,832 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | CategoryCategoryTxt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| $7,016 | $7,016 | ||
| $315,571 | FDNM PROFESSIONAL FEES | $315,571 | |
| $47,180 | KDM PROFESSIONAL FEES | $47,180 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES PAID | $2,358 | |
| FOREIGN TAXES PAID | $169 | $169 |
| BUSINESS LICENSE TAXES | $1,125 | $1,125 |
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