THE PALMER FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE PALMER FAMILY FOUNDATION (EIN 35-6691822)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-08-21
- IRS object ID
- 201732339349100008
- 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
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-21T11:29:15-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352123203 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSM BUSINESS SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400857 | 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 | 356691822 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PALMER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PALM | BusinessNameControlTxt |
| Phone | 3175740621 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE COURT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD PALMER | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 3175740621 | PhoneNum |
| Signature | 2017-06-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID A RESNICK | PreparerPersonNm |
| PTIN | P00019231 | PTIN |
| Phone | 3175802000 | PhoneNum |
| Preparation | 2017-06-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.132.79.19 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-06-20 | IPDt |
| IP Tm | 15:18:56 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 260E7D622C1A8B25FADC8845E52293098307E769 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 260E7D622C1A8B25FADC8845E52293098307E769 | 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 | $3,162,754 | 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 | $190,290 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $715 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $715 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $81,792 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $81,792 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$43,988 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $931,192 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,752 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5,752 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $234,561 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $88,259 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,911 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,911 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,331 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24,331 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $30,142 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,242 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $97,650 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $97,650 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $127,792 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,242 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $97,650 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $106,769 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $61,017 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,926 | CashBOYAmt |
| Cash EOY | $21,356 | CashEOYAmt |
| Cash EOYFMV | $21,356 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $152,572 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $156,401 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $156,401 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,597,313 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,652,737 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,984,997 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $2,751,811 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,830,494 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,162,754 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $7,699 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,719 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,699 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,719 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,744,112 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,820,775 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,744,112 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,820,775 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,751,811 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,830,494 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,744,112 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $106,769 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,850,881 | SubtotalAmt |
| Other Decreases | $30,106 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,820,775 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED STOCK- FIDELITY 6106 | P | 2016-12-31 | $206,719 | $188,445 | $18,274 | $18,274 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2678 | P | 2016-12-31 | $55,268 | $51,172 | $4,096 | $4,096 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2678 | P | 2016-12-31 | $127,649 | $141,096 | -$13,447 | -$13,447 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2677 | P | 2016-12-31 | $47,797 | $52,494 | -$4,697 | -$4,697 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2677 | P | 2016-12-31 | $3,003 | $3,149 | -$146 | -$146 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4606 | P | 2016-12-31 | $128,054 | $137,772 | -$9,718 | -$9,718 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6117 | P | 2016-12-31 | $74,904 | $92,744 | -$17,840 | -$17,840 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6117 | P | 2016-12-31 | $209,091 | $211,062 | -$1,971 | -$1,971 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4605 | P | 2016-12-31 | $1,360 | $1,477 | -$117 | -$117 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4605 | P | 2016-12-31 | $11,075 | $9,501 | $1,574 | $1,574 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6516 | P | 2016-12-31 | $36,805 | $51,020 | -$14,215 | -$14,215 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6516 | P | 2016-12-31 | $19,999 | $35,248 | -$15,249 | -$15,249 |
| CAPITAL GAINS DIVIDENDS | P | $9,468 | $9,468 | $9,468 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$43,988 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $48,725 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,806,283 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.017363 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $126,551 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,420,847 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.052276 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $23,019 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,931,694 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.011916 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $29,510 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $712,687 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.041407 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $61,900 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $718,657 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.086133 | DistributionYr5Rt |
| Total Distribution | 0.209095 | TotalDistributionRt |
| Average Distribution | 0.041819 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,904,143 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $121,448 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $610 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $122,058 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $97,650 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,220 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,220 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,220 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,968 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,968 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,748 | OverpaymentAmt |
| Applied To ES Tax | $2,748 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CAROLYN J PALMER | IndividualWithBooksNm |
| Phone | 3175740621 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE CT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ELDON D PALMER 1116 - 63016 | ||||||||
| 7965 WESTFIELD ROAD | INDIANAPOLIS | IN | 46240 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| M ELAINE PALMER | ||||||||
| 7965 WESTFIELD ROAD | INDIANAPOLIS | IN | 46240 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| DONALD L PALMER | ||||||||
| 33 TWINSHORE COURT | CARMEL | IN | 46033 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| CAROLYN J PALMER | ||||||||
| 33 TWINSHORE COURT | CARMEL | IN | 46033 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,773,284 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $175,085 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,948,369 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,948,369 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $44,226 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,904,143 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $145,207 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $145,207 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,220 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,220 | TotalTaxAmt |
| Distributable Before Adj | $143,987 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $143,987 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $143,987 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $97,650 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $97,650 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $97,650 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $143,987 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $12,579 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $97,650 | QualifyingDistributionsAmt |
| Applied To Year1 | $12,579 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $85,071 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $58,916 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DONALD L PALMER | ContributingManagerNm |
| Contributing Manager | CAROLYN J PALMER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DONALDCAROLYN PALMER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE CT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3178465555 | RecipientPhoneNum |
| Form And Info And Materials | NO SPECIAL FORM. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO SPECIFIC DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BUTLER UNIVERSITY | |||||||
| 4600 SUNSET AVE | INDIANAPOLIS | IN | 46208 | NONE | PC | GENERAL SUPPORT | $1,250 |
| CHRISTIAN THEOLOGY SEMINARY | |||||||
| 1000 W 42ND ST | INDIANAPOLIS | IN | 46208 | NONE | PC | GENERAL SUPPORT | $1,950 |
| CRU THE GRANT COMMISSION FOUNDATION | |||||||
| 100 LAKE HART DRIVE 3600 | ORLANDO | FL | 32832 | NONE | PC | GENERAL SUPPORT | $250 |
| EDGE MENTORING | |||||||
| 1075 BROAD RIPPLE AVE STE 207 | INDIANAPOLIS | IN | 46220 | NONE | PC | GENERAL SUPPORT | $1,000 |
| ELEVATE INDIANAPOLIS | |||||||
| 2902 N MERIDIAN ST | INDIANAPOLIS | IN | 46208 | NONE | PC | GENERAL SUPPORT | $10,000 |
| EMPART USA | |||||||
| 15455 GLENEAGLE DR STE 100 | COLORADO SPRINGS | CO | 80921 | NONE | PC | GENERAL SUPPORT- CHRIST'S KINGDOM IN NORTH INDIA | $35,000 |
| GOODWILL INDUSTRIES FOUNDATION | |||||||
| 1635 W MICHIGAN ST | INDIANAPOLIS | IN | 46222 | NONE | PC | GENERAL SUPPORT | $2,000 |
| HOPE INTERNATIONAL | |||||||
| 227 GRANITE RUN DR STE 250 | LANCASTER | PA | 17601 | NONE | PC | GENERAL SUPPORT | $5,000 |
| INDIANAPOLIS SOAP BOX DERBY | |||||||
| PO BOX 20237 | INDIANAPOLIS | IN | 46220 | NONE | PC | GENERAL SUPPORT | $1,200 |
| KIPP INDY | |||||||
| 1740 E 30TH ST | INDIANAPOLIS | IN | 46218 | NONE | PC | GENERAL SUPPORT | $5,000 |
| OUTREACH INC | |||||||
| 3102 E 10TH ST | INDIANAPOLIS | IN | 46201 | NONE | PC | GENERAL SUPPORT | $2,500 |
| PURCHSED | |||||||
| PO BOX 531965 | INDIANAPOLIS | IN | 46253 | NONE | PC | GENERAL SUPPORT | $2,000 |
| SAGAMORE INSTITUTE | |||||||
| 2301 NORTH PARK AVE | INDIANAPOLIS | IN | 46205 | NONE | PC | GENERAL SUPPORT | $7,500 |
| SECOND PRESBYTERIAN CHURCH | |||||||
| 7700 N MERIDIAN ST | INDIANAPOLIS | IN | 46260 | NONE | PC | GENERAL SUPPORT | $500 |
| SHEPHERD COMMUNITY CENTER | |||||||
| 4107 E WASHINGTON ST | INDIANAPOLIS | IN | 46201 | NONE | PC | GENERAL SUPPORT | $6,000 |
| TRINITY FELLOWS ACADEMY | |||||||
| 6670 CEDAR COVE RD | ROYAL OAK | MD | 21662 | NONE | PC | GENERAL SUPPORT | $2,500 |
| WYCLIFFE BIBLE TRANSLATORS | |||||||
| PO BOX 628211 | ORLANDO | FL | 32862 | NONE | PC | GENERAL SUPPORT | $7,500 |
| YMCA | |||||||
| 615 N ALABAMA ST | INDIANAPOLIS | IN | 46204 | NONE | PC | GENERAL SUPPORT | $2,500 |
| YOUNG LIFE | |||||||
| PO BOX 520 | COLORADO SPRINGS | CO | 80901 | NONE | PC | GENERAL SUPPORT | $4,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $97,650 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $715 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $81,792 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,752 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$43,988 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $44,271 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $44,271 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 | DONALD AND CAROLYN PALMER | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE COURT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $190,290 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | STOCK DONATION WITH COST OF $146,468 AND FAIR MARKET VALUE OF $175,290 | NoncashPropertyDesc |
| Fair Market Value | $175,290 | FairMarketValueAmt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $2,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (90 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DAIMLER CHRYSLER | $1 | $201,095 |
| FMI LARGE CAP FUND | $22,187 | $25,562 |
| SPARTAN 500 INDEX FD ADVANTAGE | $20,131 | $35,238 |
| CAUSEWAY INTERNATIONAL VALUE | $23,588 | $24,081 |
| DODGE & COX STOCK | $16,625 | $31,101 |
| HARDING LOEVNER EMERGING MARKETS | $0 | $0 |
| SPARTAN 500 INDEX FD ADVANTAGE | $60,590 | $88,801 |
| CAUSEWAY INTERNATIONAL VALUE | $52,392 | $54,556 |
| UBS AG JERSEY | $14,513 | $10,540 |
| AQR MANAGED FUTURES FUND | $20,833 | $19,495 |
| DODGE & COX INCOME | $103,247 | $100,939 |
| OAKMARK SELECT | $26,000 | $27,023 |
| ARTISAN INTERNATIONAL ADV | $51,000 | $46,129 |
| NUANCE CONCENTRATED VALUE FUND INSTL | $27,000 | $28,512 |
| JP MORGAN INFLATION MANAGED BOND SELECT | $10,634 | $10,603 |
| MATTHEW ASIAN GROWTH AND INCOME | $22,900 | $18,713 |
| SCHWAB FUNDEMENTAL US LARGE | $54,900 | $57,359 |
| VICTORY GLOBAL NATURAL RESOURCES | $19,000 | $14,308 |
| WILLIAM BLAIR MACRO ALLOCATION FUND | $21,300 | $21,451 |
| BANK OF AMERICA | $5,038 | $5,413 |
| GOLDMAN SACHS GROUP | $5,059 | $5,390 |
| METLIFE | $5,311 | $5,075 |
| US BANCORP | $5,017 | $4,959 |
| DOUBLELINE TOTAL RETURN | $37,629 | $36,477 |
| GUGGENHEIM FLOATIG RE STRAT | $25,469 | $24,936 |
| NUVEEN SYM FLOATING RT | $25,899 | $24,848 |
| PIMCO MORTGAGE OPPORTUNITIES | $37,574 | $36,838 |
| PRINCIPAL PREFERRED SEC A | $29,332 | $28,445 |
| ABBVIE INC. | $2,265 | $3,006 |
| AMEREN CORP | $2,100 | $3,515 |
| AT&T | $3,074 | $3,743 |
| BCE INC. | $2,956 | $2,940 |
| BLACKROCK INC | $1,554 | $1,903 |
| BOEING CO | $2,465 | $2,958 |
| BRISTOL MYERS SQUIBB CO. | $689 | $1,227 |
| CHEVRON CORP | $3,123 | $3,884 |
| CISCO SYS INC | $2,668 | $3,234 |
| COCA COLA | $2,905 | $2,861 |
| DOMINION RES INC | $2,941 | $3,293 |
| DUKE ENERGY CORP. | $2,784 | $3,338 |
| EATON CORP | $714 | $805 |
| EDISON INTERNATIONAL | $2,253 | $3,528 |
| ELI LILLY & CO | $2,948 | $3,089 |
| GENERAL ELECTRIC | $2,574 | $3,034 |
| INTL BUSINESS MACHINES CORP | $1,301 | $1,494 |
| JOHNSON & JOHNSON | $2,052 | $3,341 |
| JP MORGAN CHASE & CO. | $2,564 | $4,228 |
| KRAFT FOODS | $2,090 | $3,493 |
| LAMAR ADVERTISING | $1,290 | $1,681 |
| LOCKHEED MARTIN CORP | $1,474 | $4,249 |
| LYONDELLBASELL NV | $2,079 | $2,744 |
| MCDONALDS CORP | $2,491 | $3,165 |
| MERCK & CO | $3,023 | $3,238 |
| MICROSOFT CORP | $1,867 | $3,791 |
| NEXTERA ENERGY INC. | $3,597 | $5,256 |
| OCCIDENTAL PETROLEUM | $2,460 | $2,564 |
| PEPSICO | $2,802 | $3,034 |
| PFIZER INC. | $3,810 | $4,645 |
| PG&E | $2,297 | $3,342 |
| PHILIP MORRIS INTL. | $4,377 | $4,666 |
| PRUDENTIAL FINANCIAL | $2,028 | $2,497 |
| QUALCOM | $3,222 | $3,912 |
| ROYAL DUTCH SHELL PLC | $3,887 | $3,263 |
| SEMPRA ENERGY | $3,167 | $4,328 |
| TOTAL S A SPON ADR | $3,559 | $3,108 |
| VERIZON COMMUNICATIONS | $2,412 | $2,883 |
| WALMART STORES | $2,809 | $3,110 |
| WELLS FARGO & CO. | $2,746 | $3,472 |
| ISHARES MORTGAGE RE EST CP ETF | $3,364 | $3,154 |
| ISHARES SELECT DIVIDEND ETF | $11,535 | $13,640 |
| POWERSHARES S&P 500 | $5,344 | $6,426 |
| UTILITIES SEL SECT SPDR FUND | $10,440 | $12,628 |
| SPDR TRUST SERIES I | $375,435 | $402,354 |
| SPDR S&P MIDCAP 400 ETF TRUST | $51,126 | $60,346 |
| JP MORGAN ALERIAN MLP INDEX | $66,787 | $48,585 |
| LORD ABBETT SHT DURATION INC | $101,998 | $98,355 |
| VANGUARD SHRT TERM BND | $11,072 | $10,964 |
| BLACKROCK STRATEGIC INC | $57,038 | $55,912 |
| DOUBLELINE LOW DURATION BD I | $54,747 | $54,892 |
| PIMCO MORTGAGE OPPORTUNITIES | $51,022 | $50,153 |
| PUTNAM SHORT DURRATION | $36,945 | $36,969 |
| VANGUARD SH TM BD INDEX | $42,932 | $42,563 |
| JP MORGAN ALERIAN MLP INDEX | $49,945 | $32,179 |
| ISHARES SELECT DIVIDEND ETF | $121,589 | $149,329 |
| SPDR TRUST SERIES I | $262,153 | $290,589 |
| SPDR S&P MIDCAP 400 ETF TRUST | $50,114 | $60,346 |
| GUGGENHEIM FLOATIG RE STRAT | $39,271 | $39,783 |
| LORD ABBETT SHT DURATION INC | $285,790 | $282,403 |
| NUVEEN SYM FLOATING RT | $40,293 | $40,599 |
| PRINCIPAL PREFERRED SEC A | $79,211 | $77,079 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TIMING DIFFERENCE BASIS ADJUSTMENT | $1,284 |
| COST BASIS ADJUSTMENT ON DONATED STOCK | $28,822 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BROKERAGE FEES | Desc |
| Revenue And Expenses Per Books | $24,331 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $24,331 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS RECEIPTS | Desc |
| Revenue And Expenses Per Books | $5,752 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $5,752 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,752 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CALL STANDARD & POORS | $5,120 | $5,731 |
| CALL STANDARD & POORS | $2,579 | $3,988 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $2,911 | Amt |
| Net Investment Income | $2,911 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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