THE FRANK AND MARGARET RACE FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE FRANK AND MARGARET RACE FOUNDATION INC (EIN 42-0925360)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-10-06
- IRS object ID
- 201602809349100400
- Schema version
- 2015v2.1
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-06T08:39:56-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 391531945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREYBERG HINKLE ASHLAND POWERS & STOWELL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15420 W CAPITOL DR | AddressLine1Txt |
| City | BROOKFIELD | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 530052621 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420925360 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FRANK AND MARGARET RACE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 3193667300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 2ND STREET SE NO 200 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PRESIDENT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3193667300 | PhoneNum |
| Signature | 2016-09-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES M ASHLAND CPA | PreparerPersonNm |
| PTIN | P00241858 | PTIN |
| Phone | 2627846210 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,474,984 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $23,388 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $23,388 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $2,115 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $2,115 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $2,115 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $30,607 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $539,072 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $30,607 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,017 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,017 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $65,127 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $65,127 | 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 | $2,345 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,345 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Trav Conf Meeting Rev And Expnss | $11,390 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $11,390 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,787 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,787 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $25,522 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,522 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $90,160 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $90,160 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $115,682 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,522 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $90,160 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$50,555 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $39,605 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,616 | CashBOYAmt |
| Cash EOY | $988 | CashEOYAmt |
| Cash EOYFMV | $988 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $33,794 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $98,506 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $98,506 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,274,654 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,121,665 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,121,665 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $311,237 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $243,825 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $253,825 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,627,301 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,464,984 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,474,984 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $321 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,240 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $321 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,240 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,626,980 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,461,744 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,626,980 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,461,744 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,627,301 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,464,984 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,626,980 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$50,555 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,576,425 | SubtotalAmt |
| Other Decreases | $114,681 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,461,744 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ARRIS GROUP - 800 SHS | D | 2006-05-24 | 2015-03-20 | $24,858 | $9,581 | $15,277 | $15,277 |
| CANADIAN IMPERIAL BANK COMMERCE - 400 SHS | P | 2014-02-07 | 2015-12-09 | $29,161 | $31,772 | -$2,611 | -$2,611 |
| CYTEC INDUSTRIES, INC. 400 SHS | P | 2014-10-15 | 2015-12-09 | $30,100 | $17,409 | $12,691 | $12,691 |
| EMC CORP MASS - 300 SHS | P | 2011-12-20 | 2015-03-25 | $7,725 | $6,735 | $990 | $990 |
| RESTAURANT BRANDS INTL RSTRF - 8 SHS | 2013-05-08 | 2015-04-07 | $297 | $289 | $8 | $8 | |
| RESTAURANT BRANDS INTL QSR - 841 SHS | P | 2013-05-08 | 2015-06-16 | $31,143 | $30,352 | $791 | $791 |
| VIACOM INC CL B NEW - 200 SHS | P | 2011-07-07 | 2015-04-07 | $13,427 | $10,450 | $2,977 | $2,977 |
| AETNA INC. NEW - 200 SHS | P | 2015-06-16 | 2015-10-22 | $21,092 | $25,003 | -$3,911 | -$3,911 |
| ALIBABA GROUP HOLDING - 100 SHS | P | 2014-09-22 | 2015-06-15 | $8,649 | $8,991 | -$342 | -$342 |
| ALIBABA GROUP HOLDING - 50 SHS | P | 2014-11-05 | 2015-06-15 | $4,324 | $5,474 | -$1,150 | -$1,150 |
| CHEVRON CORP - 100 SHS | P | 2014-12-12 | 2015-07-07 | $9,393 | $10,293 | -$900 | -$900 |
| COMPASS EMP - 1200 SHS | P | 2015-02-17 | 2015-03-12 | $44,244 | $44,849 | -$605 | -$605 |
| CUMMINS, INC. - 165 SHS | P | 2014-12-05 | 2015-10-27 | $16,945 | $24,839 | -$7,894 | -$7,894 |
| EMC CORPO MASS - 500 SHS | P | 2014-09-08 | 2015-03-25 | $12,875 | $14,500 | -$1,625 | -$1,625 |
| HEWLETT-PACKARD - 600 SHS | P | 2014-07-01 | 2015-04-07 | $19,014 | $20,562 | -$1,548 | -$1,548 |
| ISHARES 1-3 YR TREASURY BOND ETF - 600 SHS | P | 2014-08-18 | 2015-02-17 | $50,753 | $50,771 | -$18 | -$18 |
| ISHARES 1-3 YR TREASURY BOND ETF - 600 SHS | P | 2014-08-20 | 2015-06-05 | $50,789 | $50,753 | $36 | $36 |
| ISHARES 1-3 YR TREASURY BOND ETF - 700 SHS | P | 2015-04-07 | 2015-06-05 | $59,254 | $59,422 | -$168 | -$168 |
| MOSAIC COMPANY NEW - 500 SHS | P | 2015-04-13 | 2015-08-21 | $20,420 | $22,943 | -$2,523 | -$2,523 |
| NETFLIX, INC. - 175 SHS | P | 2015-06-15 | 2015-08-21 | $18,894 | $16,197 | $2,697 | $2,697 |
| SKECHERS USA INC. CLASS A - 700 SHS | P | 2015-02-19 | 2015-10-23 | $48,040 | $26,640 | $21,400 | $21,400 |
| TIER REIT INC. - 987 SHS | P | 2015-08-14 | 2015-08-14 | $23 | $44 | -$21 | -$21 |
| XENIA HOTELS & RESORTS, INC. - 933 SHS | P | 2015-02-03 | 2015-10-20 | $17,652 | $20,596 | -$2,944 | -$2,944 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $30,607 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $63,647 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,327,796 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047934 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $37,500 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,063,289 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.035268 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $70,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,391,279 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050313 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $53,250 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,377,672 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.038652 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $79,700 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,390,659 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.057311 | DistributionYr5Rt |
| Total Distribution | 0.229478 | TotalDistributionRt |
| Average Distribution | 0.045896 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,339,023 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $61,456 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $396 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $61,852 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $90,160 | 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 | $396 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $396 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $396 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,240 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,240 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,844 | OverpaymentAmt |
| Applied To ES Tax | $1,000 | AppliedToESTaxAmt |
| Refund | $1,844 | 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 | IA | 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 | JOSEPH R RUSSO | IndividualWithBooksNm |
| Phone | 3193667300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 2ND STREET SE SUITE 200 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | 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 |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH R RUSSO | ||||||||
| 230 2ND ST SE | CEDAR RAPIDS | IA | 52401 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| ALAN BRINKMAN | ||||||||
| 2335 LINDEN DR SE | CEDAR RAPIDS | IA | 52403 | SEC'Y/TREAS | 1.00 | $0 | $0 | $0 |
| BEN HADEN | ||||||||
| 123 HILLDALE ROAD | CHATTANOOGA | TN | 37411 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MARGARET RACE STAMP | ||||||||
| 663 29TH ST SE | CEDAR RAPIDS | IA | 52403 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SUSIE HARRISON | ||||||||
| 46-560A ARAPHOE | INDIAN WELLS | CA | 92210 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| TONI BAIN | ||||||||
| 230 2ND ST SE | CEDAR RAPIDS | IA | 52401 | BOARD MEMBER | 1.00 | $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 | $1,276,192 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $83,222 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,359,414 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,359,414 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $20,391 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,339,023 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $66,951 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $66,951 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $396 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $396 | TotalTaxAmt |
| Distributable Before Adj | $66,555 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $66,555 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $66,555 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $90,160 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $90,160 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $396 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $89,764 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $66,555 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $10,237 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $609 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $1,542 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,388 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $90,160 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $66,555 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $23,605 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $35,993 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $10,237 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $25,756 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $609 | ExcessFromYear3Amt |
| Excess From Year1 | $1,542 | ExcessFromYear1Amt |
| Excess From Current Year | $23,605 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALL NATIONS FAMILY | |||||||
| PO BOX 55 | GRANDVIEW | MO | 64030 | N/A | PUBLIC CHARITY | EMERGENCY FUND - KEVIN & ANGIE WEIGELT | $5,000 |
| BENGALI EVANGELICAL ASSOCIATION | |||||||
| PO BOX 1733 | LOMA LINDA | CA | 92354 | N/A | PUBLIC CHARITY | GENERAL USE AND EMERGENCY RELIEF | $4,000 |
| CHINA OUTREACH MINISTRIES | |||||||
| 555 GETTYSBURG PIKE | MECHANICSBURG | PA | 17055 | N/A | PUBLIC CHARITY | GREG GAINER - ISU - SUPPORT | $2,000 |
| COMMUNITY 242 | |||||||
| 2932 SW 9TH AVENUE | CAPE CORAL | FL | 33914 | N/A | PUBLIC CHARITY | TIM MCDANIEL MISSONARY SUPPORT | $11,000 |
| HARVESTERS | |||||||
| 2001 WEST PLANO PARKWAY STE 3432 | PLANO | TX | 75075 | N/A | PUBLIC CHARITY | MISSIONAIRIES LANCE & KIM LEPP - SUPPORT | $7,500 |
| HIS HANDS | |||||||
| PO BOX 339 | CEDAR RAPIDS | IA | 52406 | N/A | PUBLIC CHARITY | FREE MEDICAL CLINIC - ALARM SYSTEM & MEDICATIONS | $2,750 |
| INTERVARSITY CHRISTIAN FELLOWSHIP | |||||||
| PO BOX 7895 | MADISON | WI | 537077895 | N/A | PUBLIC CHARITY | JOSEPH BRINKMAN MISSIONARY SUPPORT - COE & KIRKWOOD COLLEGES SUPPORT | $12,000 |
| NARRAMORE CHRISTIAN FOUNDATION | |||||||
| 250 WEST COLORADO BLVD SUITE 200 | ARCADIA | CA | 91007 | N/A | PUBLIC CHARITY | COUNSELING MISSIONARIES SUPPORT - JOHN & BECKY LEVERINGTON | $3,750 |
| WIND AND FIRE MINISTRIES | |||||||
| 3243 WIND FIRE DRIVE | MARION | IA | 52302 | N/A | PUBLIC CHARITY | TIM PHILLIPS MISSIONARY WORK - SE ASIA TRIP | $2,160 |
| YWAM | |||||||
| PO BOX 3000 | GARDEN VALLEY | TX | 75771 | N/A | PUBLIC CHARITY | JIM & ANNA RODGERSSCRIPTURE TRANSLATION | $10,000 |
| THE LITTLE SPARROW | |||||||
| 44489 TOWN CENTER WAY | PALM DESERT | CA | 92260 | N/A | PUBLIC CHARITY | HELPING "THE LEAST OF THESE" | $15,000 |
| NEW MISSION SYSTEMS INTERNATIONAL (JPL BIBLE CHURCH) | |||||||
| 2701 CLEVELAND AVENUE | FORT MYERS | FL | 33901 | N/A | PUBLIC CHARITY | MISSIONARY SUPPORT - WENDY WEST & HANNEKAN FAMILY | $5,000 |
| PIONEER BIBLE TRANSLATORS | |||||||
| 2508 ROGERS BLVD | MANHATTAN | KS | 66502 | N/A | PUBLIC CHARITY | TODD & ANGELA OWENS WORK | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $90,160 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23,388 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $2,115 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,017 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $30,607 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $65,127 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $65,127 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $2,345 | Amt |
| Net Investment Income | $2,345 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $1,121,665 | EOYBookValueAmt |
| EOYFMV | $1,121,665 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ANNUITY CONTRACT | FMV | $162,957 | $162,957 |
| BEHRINGER HARVARD REIT | FMV | $0 | $0 |
| INVENTRUST PROPERTIES | FMV | $29,868 | $39,868 |
| COMMONWEALTH INCOME & GROWTH | AT COST | $51,000 | $51,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CURRENT YEAR CHANGE IN UNREALIZED GAIN/LOSS IN FMV OF INVESTMENTS | Desc |
| Amt | $114,681 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT EXPENSES | $11,776 | $11,776 | $0 |
| INVESTMENT INTEREST FROM K-1 | $6 | $6 | $0 |
| INVESTMENT EXPENSE FROM K-1 | $5 | $5 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY PAYMENT | Desc |
| Revenue And Expenses Per Books | $9,017 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $9,017 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,017 | AdjustedNetIncomeAmt |
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