BETA

EVERT FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
EVERT FOUNDATION (EIN 41-6543299)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-15
IRS object ID
201741359349100744
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-05-15T07:51:26-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410971937PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREDRIKSON & BYRON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 S 6TH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416543299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EVERT FOUNDATIONBusinessNameLine1Txt
Business Name Line2200 SOUTH SIXTH STREETBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEVERBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDSAY E MCCABEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2017-05-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L NELSONPreparerPersonNm
PTINP01370507PTIN
Phone6124927000PhoneNum
Preparation2017-05-15PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdA518C8596B93ED13C06EBE0FE8BCFDE4E0B05AF7AtSubmissionCreationDeviceId
At Submission Filing Device IdA518C8596B93ED13C06EBE0FE8BCFDE4E0B05AF7AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,869,273FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$21InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$21InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$167,141DividendsRevAndExpnssAmt
Dividends Net Invst Incm$167,141DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$951,047NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$951,047GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$951,047CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,118,209TotalRevAndExpnssAmt
Total Net Invst Incm$1,118,209TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,900LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$18,995OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$18,995OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,403TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$24,298TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$18,995TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$471,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$471,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$495,298TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$18,995TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$471,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$622,911ExcessRevenueOverExpensesAmt
Net Investment Income$1,099,214NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$489,070CashBOYAmt
Cash EOY$382,311CashEOYAmt
Cash EOYFMV$382,311CashEOYFMVAmt
Corporate Stock BOY$2,822,508CorporateStockBOYAmt
Corporate Stock EOY$2,938,169CorporateStockEOYAmt
Corporate Stock EOYFMV$4,086,697CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,786,256CorporateBondsBOYAmt
Corporate Bonds EOY$2,400,265CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,400,265CorporateBondsEOYFMVAmt
Total Assets BOY$5,097,834TotalAssetsBOYAmt
Total Assets EOY$5,720,745TotalAssetsEOYAmt
Total Assets EOYFMV$6,869,273TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$5,097,834UnrestrictedBOYAmt
Unrestricted EOY$5,720,745UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$5,097,834TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,720,745TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,097,834TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,720,745TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,097,834TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$622,911ExcessRevenueOverExpensesAmt
Subtotal$5,720,745SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,720,745TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$951,047CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$185,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$6,530,585NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.028328DistributionYr1Rt
Adjusted Qlfy Distri Yr2$245,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$6,623,444NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.036990DistributionYr2Rt
Adjusted Qlfy Distri Yr3$145,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$4,699,939NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.030851DistributionYr3Rt
Adjusted Qlfy Distri Yr4$1,272,877AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$4,340,279NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.293271DistributionYr4Rt
Adjusted Qlfy Distri Yr5$2,158,622AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$4,915,732NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.439125DistributionYr5Rt
Total Distribution0.828565TotalDistributionRt
Average Distribution0.165713AverageDistributionRt
Net Vl Noncharitable Assets$6,544,978NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,084,588AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$10,992NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,095,580AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$471,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$21,984InvestmentIncomeExciseTaxAmt
Subtotal$21,984SubtotalAmt
Tax Based On Investment Income$21,984TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$72EsPenaltyAmt
Tax Due$22,056TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOHN L NELSONIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH SIXTH STREET SUITE 4000AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LINDSAY E MCCABE
5321 MINNEHAHA BOULEVARDEDINAMN554241406TRUSTEE000.00$0$0$0
ANN L MCCABE
5321 MINNEHAHA BOULEVARDEDINAMN554241406TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,208,957AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$435,691AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,644,648TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,644,648AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$99,670CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,544,978NetVlNoncharitableAssetsAmt
Minimum Investment Return$327,249MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$327,249MinimumInvestmentReturnAmt
Tax Based On Investment Income$21,984TaxBasedOnInvestmentIncomeAmt
Total Tax$21,984TotalTaxAmt
Distributable Before Adj$305,265DistributableBeforeAdjAmt
Distributable Before Ded$305,265DistributableBeforeDedAmt
Distributable As Adjusted$305,265DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$471,000ExpensesAndContributionsAmt
Qualifying Distributions$471,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$471,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$305,265DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,322,207ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,080,109ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$2,402,316TotalExcessDistributionCyovAmt
Qualifying Distributions$471,000QualifyingDistributionsAmt
Applied To Current Year$305,265AppliedToCurrentYearAmt
Remaining Distri From Corpus$165,735RemainingDistriFromCorpusAmt
Total Corpus$2,568,051TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,322,207ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,245,844ExcessDistriCyovToNextYrAmt
Excess From Year4$1,080,109ExcessFromYear4Amt
Excess From Current Year$165,735ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
MINNESOTAN'S MILITARY APPRECIATION
PO BOX 2070MINNEAPOLISMN55402NONEPCGENERAL USE OF CHARITY$10,000
UNIVERSITY OF ST THOMAS
2115 SUMMIT AVENUEST PAULMN551051096NONEPCUNDER-TOLD STORIES PROJECT$125,000
ST MARY'S UNIVERSITY
700 TERRACE HEIGHTSWINONAMN559871399NONEPCSCHOLARSHIP AND PROGRAM SUPPORT$250,000SUITE 21
NAMI
800 TRANSFER ROADST PAULMN55114NONEPCGENERAL USE OF CHARITY$30,000SUITE 31
MANO A MANO INTERNATIONAL
925 PIERCE BUTLER ROUTEST PAULMN55104NONEPCSAM LAZARO-MARTIN CLINIC PROJECT$3,000
FIREFLY SISTERHOOD
5775 WAYZATA BLVDMINNEAPOLISMN55416NONEPCGENERAL USE OF CHARITY$3,000
PAIN FREE PATRIOTS
14001 RIDGEDALE DRIVEMINNETONKAMN55305NONEPCGENERAL USE OF CHARITY$5,000SUITE 390
UNION GOSPEL MISSION
77 E 9TH STREETST PAULMN55101NONEPCGENERAL USE OF CHARITY$10,000
SALVATION ARMY
2445 PRIOR AVENUE NROSEVILLEMN551132714NONEPCGENERAL USE OF CHARITY$15,000
GREATER MINNEAPOLIS CRISIS NURSERY
5400 GLENWOOD AVENUEMINNEAPOLISMN55422NONEPCGENERAL USE OF CHARITY$5,000
CHILDREN'S THEATRE
2400 3RD AVENUE SMINNEAPOLISMN55404NONEPCGENERAL USE OF CHARITY$10,000
CITY OF LAKES FOUNDATION
PO BOX 52069MINNEAPOLISMN55402NONEPCGENERAL USE OF CHARITY$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$471,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$167,141ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$951,047ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,118,209ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,118,209TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondASPIRIANT ACCOUNTBondNm
EOY Book Value$2,400,265EOYBookValueAmt
EOYFMV$2,400,265EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockASPIRIANT ACCOUNTStockNm
EOY Book Value$2,938,169EOYBookValueAmt
EOYFMV$4,086,697EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$2,900LegalFeesAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$18,995Amt
Net Investment Income$18,995NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$2,403Amt

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