KELLEY FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- KELLEY FOUNDATION INC (EIN 41-6017973)
- Tax period
- 2015-12-01 to 2016-11-30
- Filed
- 2017-02-09
- IRS object ID
- 201740409349100504
- Schema version
- 2015v3.0
- 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
- All Oth Prog Rltd Investments Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-09T08:54:35-08:00 | ReturnTs |
| Tax Period End | 2016-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLEY AND O'NEILL MGMT | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 ST PETER STREET STE 425 | AddressLine1Txt |
| City | SAINT PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 551021187 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416017973 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Margaret H & James E Kelley Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARG | BusinessNameControlTxt |
| Phone | 6512227463 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 St Peter St Ste 425 | AddressLine1Txt |
| City | Saint Paul | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 551021187 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY J DWYER | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6512227463 | PhoneNum |
| Signature | 2017-02-09 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TIMOTHY J DWYER | PreparerPersonNm |
| Phone | 6512227463 | PhoneNum |
| Preparation | 2017-02-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | 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 | $20,433,644 | 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 | $315,067 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,351 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,351 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $411,953 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $411,953 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $245,697 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $3,478 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $447 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $447 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $729,818 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $660,448 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,478 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $32,988 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $32,988 | OthEmplSlrsWgsNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $4,948 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $4,948 | PensionEmplBnftNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $43,422 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $43,422 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $45,207 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,532 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $354 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $354 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $126,919 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $84,244 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,032,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,032,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,158,919 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $84,244 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,032,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$429,101 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $576,204 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,478 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,931,080 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,100,417 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,061,887 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Other Investments BOY | $11,794,003 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,441,263 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,371,757 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,725,083 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,541,680 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,433,644 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $16,725,083 | CapitalStockBOYAmt |
| Capital Stock EOY | $16,541,680 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,725,083 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,541,680 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,725,083 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,541,680 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,725,083 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$429,101 | ExcessRevenueOverExpensesAmt |
| Other Increases | $245,698 | OtherIncreasesAmt |
| Subtotal | $16,541,680 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,541,680 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 400 Qualcomm | P | 2014-06-06 | 2015-12-04 | $20,576 | $0 | $31,424 | -$10,848 | $0 | $0 | $0 | -$10,848 |
| 2600 Qualcomm | P | 2013-09-24 | 2015-12-04 | $133,742 | $0 | $178,316 | -$44,574 | $0 | $0 | $0 | -$44,574 |
| 1100 Abbott Labs | P | 2013-01-09 | 2015-12-07 | $49,953 | $0 | $36,782 | $13,171 | $0 | $0 | $0 | $13,171 |
| 300 Aflac | P | 2014-06-16 | 2015-12-07 | $18,762 | $0 | $18,691 | $71 | $0 | $0 | $0 | $71 |
| 150 Colgate | P | 2011-02-14 | 2015-12-07 | $9,930 | $0 | $5,943 | $3,987 | $0 | $0 | $0 | $3,987 |
| 300 Becton Dickinson | P | 2012-01-27 | 2015-12-07 | $46,041 | $0 | $23,779 | $22,262 | $0 | $0 | $0 | $22,262 |
| 100 Ball | P | 2012-03-27 | 2015-12-07 | $6,828 | $0 | $4,212 | $2,616 | $0 | $0 | $0 | $2,616 |
| 100 Ball | P | 2012-03-27 | 2015-12-07 | $6,827 | $0 | $4,212 | $2,615 | $0 | $0 | $0 | $2,615 |
| 100 Home Depot | P | 2011-02-14 | 2015-12-07 | $13,367 | $0 | $3,754 | $9,613 | $0 | $0 | $0 | $9,613 |
| 550 Home Depot | P | 2011-02-14 | 2015-12-07 | $73,516 | $0 | $20,647 | $52,869 | $0 | $0 | $0 | $52,869 |
| 2800 General Electric | P | 2014-05-15 | 2015-12-07 | $84,522 | $0 | $74,012 | $10,510 | $0 | $0 | $0 | $10,510 |
| 100 General Electric | P | 2011-02-14 | 2015-12-07 | $3,019 | $0 | $2,155 | $864 | $0 | $0 | $0 | $864 |
| 300 General Dynamics | P | 2011-02-14 | 2015-12-07 | $42,854 | $0 | $23,011 | $19,843 | $0 | $0 | $0 | $19,843 |
| 100 General Dynamics | P | 2011-02-14 | 2015-12-07 | $14,285 | $0 | $7,670 | $6,615 | $0 | $0 | $0 | $6,615 |
| 100 McDonalds | P | 2014-06-16 | 2015-12-07 | $11,601 | $0 | $10,095 | $1,506 | $0 | $0 | $0 | $1,506 |
| 1600 Microsoft | P | 2011-02-14 | 2015-12-07 | $88,822 | $0 | $43,441 | $45,381 | $0 | $0 | $0 | $45,381 |
| 200 Wallgreens Boot Alliance | P | 2011-02-14 | 2015-12-07 | $16,961 | $0 | $8,426 | $8,535 | $0 | $0 | $0 | $8,535 |
| 1250 Baxalta | P | 2014-05-15 | 2016-06-03 | $57,705 | $0 | $41,779 | $15,926 | $0 | $0 | $0 | $15,926 |
| 2700 Baxalta | P | 2012-01-27 | 2016-06-03 | $124,643 | $0 | $67,485 | $57,158 | $0 | $0 | $0 | $57,158 |
| 0 Shire | P | 2016-06-03 | 2016-06-03 | $74 | $0 | $74 | $0 | $0 | $0 | $0 | $0 |
| 585 Shire | P | 2016-06-03 | 2016-08-01 | $113,370 | $0 | $111,173 | $2,197 | $0 | $0 | $0 | $2,197 |
| 8100 EMC | P | 2015-08-13 | 2016-09-07 | $194,805 | $0 | $171,049 | $23,756 | $0 | $0 | $0 | $23,756 |
| 400 EMC | P | 2015-12-07 | 2016-09-07 | $9,620 | $0 | $8,356 | $1,264 | $0 | $0 | $0 | $1,264 |
| 0 Dell | P | 2015-08-13 | 2016-09-08 | $21 | $0 | $19 | $2 | $0 | $0 | $0 | $2 |
| 902 Dell | P | 2015-08-13 | 2016-09-29 | $42,935 | $0 | $42,594 | $341 | $0 | $0 | $0 | $341 |
| 45 Dell | P | 2015-12-07 | 2016-09-29 | $2,121 | $0 | $2,104 | $17 | $0 | $0 | $0 | $17 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $245,697 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,478 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,040,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,100,086 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049313 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,006,359 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,450,764 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051739 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $850,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,615,324 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045661 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $835,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $17,246,956 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048414 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $795,682 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $15,749,135 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050522 | DistributionYr5Rt |
| Total Distribution | 0.245649 | TotalDistributionRt |
| Average Distribution | 0.049130 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,529,330 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,008,606 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,762 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,014,368 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,032,000 | 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 | $5,762 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,762 | SubtotalAmt |
| Tax Based On Investment Income | $5,762 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $25,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$25,000 | OriginalReturnOverpaymentAmt |
| Overpayment | $19,238 | OverpaymentAmt |
| Applied To ES Tax | $10,000 | AppliedToESTaxAmt |
| Refund | $9,238 | RefundAmt |
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 | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | 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 |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | timdwyer@visi.com | WebsiteAddressTxt |
| Individual With Books | TIMOTHY J DWYER | IndividualWithBooksNm |
| Phone | 6512227463 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 St Peter St Suite 425 Hamm | AddressLine1Txt |
| City | St Paul | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 551021187 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| HAMPTON K O'NEILL | ||||||||
| 6950 South Poplar | Casper | WY | 82636 | President/Director | 5.00 | $0 | $0 | $0 |
| SHER M O'NEILL | ||||||||
| 6950 South Poplar | Casper | WY | 82636 | Director | 0.19 | $0 | $0 | $0 |
| TIMOTHY J DWYER | ||||||||
| 408 StPeter St St Paul | St Paul | MN | 551021187 | Treasurer/Director | 10.00 | $0 | $0 | $0 |
| KELLEY MCC O'NEILL | ||||||||
| PO Box 422 | Rushford | MN | 55971 | VICE PRESIDENT, DIRE | 5.00 | $0 | $0 | $0 |
| CINDY WOLF O'NEILL | ||||||||
| PO Box 422 | Rushford | MN | 55971 | Director | 0.19 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,957,729 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,884,230 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,841,959 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $20,841,959 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $312,629 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,529,330 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,026,467 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,026,467 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,762 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,762 | TotalTaxAmt |
| Distributable Before Adj | $1,020,705 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,020,705 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,020,705 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,032,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,032,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $5,762 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,026,238 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,020,705 | DistributableAsAdjustedAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $19,910 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $18,171 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $38,081 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,032,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,020,705 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $11,295 | RemainingDistriFromCorpusAmt |
| Total Corpus | $49,376 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $49,376 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $19,910 | ExcessFromYear2Amt |
| Excess From Year1 | $18,171 | ExcessFromYear1Amt |
| Excess From Current Year | $11,295 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | TIMOTHY J DWYER TREASURER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 St Peter St Suite 425 Hamm Bldg | AddressLine1Txt |
| City | St Paul | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 551021187 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6512227463 | RecipientPhoneNum |
| Form And Info And Materials | REQUEST FOR GRANT ALONG WITH IRS EXEMPTION LETTER, AND COPY OF MOST RECENT 990 TAX RETURN | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | OCTOBER 1 | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See atttched | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | schedule | AddressLine1Txt |
| City | St Paul | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | See Attachment | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Misc. | GrantOrContributionPurposeTxt |
| Amt | $1,032,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,032,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | None | Desc |
| Business | 900099 | BusinessCd |
| Exclusion | 3 | ExclusionCd |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $2,351 | UnrelatedBusinessTaxblIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $411,953 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $414,304 | UnrelatedBusinessTaxblIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $414,304 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | None | Desc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Common Stock | StockNm |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| TRowePrice Stock w/o cash | $2,068,335 | $5,132,956 |
| SIT US Govt Securities Fund w/o cash | $4,500,000 | $4,352,524 |
| Palisades Asset Mgmt Stocks w/o cash | $5,872,928 | $7,886,277 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Misc. Ex. | $331 | $331 |
| Bank Chgs | $15 | $15 |
| FileMaker Pro | ||
| BP Cash Fee | $8 | $8 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Misc. Income | $373 | $373 |
| Palisades Noncash Shire buy offset | $74 | $74 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Split Interest Gift | $0 |
| Net Capital Gain | $245,698 |
| Adjustments Actual--Retained Earnings | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Palisade Investment | CategoryTxt |
| Amt | $43,422 | Amt |
| Net Investment Income | $43,422 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Foreign tax Ryl Bk Sctlnd/Bp plc | $8 | $8 |
| Employer FICA | $2,524 | $2,524 |
| 990PF 2015 | $17,675 | |
| 990PF Est | $25,000 |