CAMARA-PRESS FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CAMARA-PRESS FOUNDATION (EIN 27-1985444)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-07-16
- IRS object ID
- 201732099349100508
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-07-16T01:05:33-00:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN A PIERANUNZI AND ASSOC LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE TRANS AM PLAZA DRIVE - SUITE 22 | AddressLine1Txt |
| City | OAKBROOK TERRACE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60181 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271985444 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMARA-PRESS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAMA | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3515 GREEN RIDGE ROAD | AddressLine1Txt |
| City | MINNETONKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS PRESS | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Signature | 2017-07-16 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN PIERANUNZI | PreparerPersonNm |
| Phone | 6306911040 | PhoneNum |
| Preparation | 2017-07-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.184.247.93 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-07-28 | IPDt |
| IP Tm | 21:06:38 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 740ECF30D9D7F71A3507EDD4088F3404DD9A4489 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FF6F1EF9C3C847EC1135839674D2451CF0F50D98 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,271,260 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,500,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7,145 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16,346 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $16,346 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $239,462 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $239,462 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $239,462 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $123,256 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,906,038 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $123,256 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,869,863 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $379,064 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $255,808 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $680 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $680 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $680 | AccountingFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $1,786 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,786 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $1,786 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $48,680 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $48,680 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $48,680 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $51,146 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $51,146 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $51,146 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $490,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $490,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $541,146 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $51,146 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $51,146 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $490,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,328,717 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $327,918 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $204,662 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Corporate Stock BOY | $8,802,569 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,131,286 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,271,260 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $8,802,569 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,131,286 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,271,260 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Unrestricted BOY | $8,802,569 | UnrestrictedBOYAmt |
| Unrestricted EOY | $11,131,286 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,802,569 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,131,286 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,802,569 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,131,286 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,802,569 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,328,717 | ExcessRevenueOverExpensesAmt |
| Subtotal | $11,131,286 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $11,131,286 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| MERRILL LYNCH | 2016-01-01 | 2016-12-16 | $782,653 | $737,234 | $45,419 | $45,419 |
| MERRILL LYNCH | 2012-01-01 | 2016-12-16 | $2,123,385 | $2,045,548 | $77,837 | $77,837 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $123,256 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $45,419 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr2 | $248,670 | AdjustedQlfyDistriYr2Amt |
| Adjusted Qlfy Distri Yr3 | $139,344 | AdjustedQlfyDistriYr3Amt |
| Adjusted Qlfy Distri Yr4 | $52,330 | AdjustedQlfyDistriYr4Amt |
| Adjusted Qlfy Distri Yr5 | $10,000 | AdjustedQlfyDistriYr5Amt |
| Net Investment Income Pct | $3,279 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,279 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $490,000 | 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 | $3,279 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,279 | SubtotalAmt |
| Tax Based On Investment Income | $3,279 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $3,279 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| THOMAS PRESS | ||||||
| 3515 GREEN RIDGE ROAD | MINNETONKA | MN | 55305 | DIRECTOR | 010.00 | $0 |
| STELLA J CAMARA PRESS | ||||||
| 3515 GREEN RIDGE ROAD | MINNETONKA | MN | 55305 | DIRECTOR | 010.00 | $0 |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | $3,279 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,279 | TotalTaxAmt |
| Distributable Before Adj | $3,279 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,279 | DistributableBeforeDedAmt |
| Distributable As Adjusted | -$3,279 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $490,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $490,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,279 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $486,721 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | -$3,279 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $490,000 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $490,000 | RemainingDistriFromCorpusAmt |
| Total Corpus | $490,000 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $3,279 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $486,721 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $490,000 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| SAINT MARY'S COLLEGE | ||||||
| PMB 4300 | MORAGA | CA | 94575 | POF | CHARITABLE | $150,000 |
| MINNEAPOLIS RECREATIONAL DEVELOPMEMNT | ||||||
| 7220 YORK AVENUE | EDINA | MN | 55435 | POF | CHARITABLE | $100,000 |
| JDRF OF MINNESOTA | ||||||
| 3001 METRO DRIVE | BLOOMINGTON | MN | 55425 | POF | CHARITABLE | $75,000 |
| POLICE CHAPLAINS MINISTRY | ||||||
| 1140 W JACKSON BLVD | CHICAGO | IL | 60607 | POF | CHARITABLE | $75,000 |
| CANCER KIDS | ||||||
| 2910 CENTRE POINT ROAD | ROSEVILLE | MN | 55113 | POF | CHARITABLE | $50,000 |
| ANDREA MILLER FOUNDATION | ||||||
| PO BOX 163 | EXCELSIOR | MN | 55331 | POF | CHARITABLE | $40,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $490,000 | TotalGrantOrContriPdDurYrAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION | CategoryTxt |
| Amt | $680 | Amt |
| Net Investment Income | $680 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $680 | AdjustedNetIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| MERRILL LYNCH | 2016-01 | 2016-12 | $782,653 | $737,234 | $45,419 |
| MERRILL LYNCH | 2012-01 | 2016-12 | $2,123,385 | $2,045,548 | $77,837 |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MERRILL LYNCH | StockNm |
| EOY Book Value | $11,131,286 | EOYBookValueAmt |
| EOYFMV | $12,271,260 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT FEES- MERRILL LYNCH | Desc |
| Revenue And Expenses Per Books | $48,680 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $48,680 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $48,680 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEDERAL TAX | $1,761 | $1,761 | $1,761 |
| MINNESOTA TAX | $25 | $25 | $25 |
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