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SAM F WELLER FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
SAM F WELLER FAMILY FOUNDATION (EIN 47-1887384)
Tax period
2015-07-01 to 2016-06-30
Filed
2016-10-14
IRS object ID
201642889349100719
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-10-14T15:12:10-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN460434947PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ELO PROF LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 249AddressLine1Txt
CityMITCHELLCityNm
State AbbreviationSDStateAbbreviationCd
ZIP57301ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471887384EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAM F WELLER FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSAMFBusinessNameControlTxt
Phone6059967717PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O DAVE OLSON ELO PROF LLCAddressLine1Txt
CityMITCHELLCityNm
State AbbreviationSDStateAbbreviationCd
ZIP57301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID G OLSONPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone6059967717PhoneNum
Signature2016-10-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJONATHAN J GUENTHNER CPAPreparerPersonNm
PTINP01250035PTIN
Phone6059967717PhoneNum
Preparation2016-10-10PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,548,553FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,674InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,674InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$6,674TotalRevAndExpnssAmt
Total Net Invst Incm$6,674TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,647AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$6,154OtherProfFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$660OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$8,461TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$38,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$38,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$46,461TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$38,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$39,787ExcessRevenueOverExpensesAmt
Net Investment Income$6,674NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$101CashBOYAmt
Cash EOY$21,655CashEOYAmt
Cash EOYFMV$21,660CashEOYFMVAmt
Other Investments BOY$1,551,286OtherInvestmentsBOYAmt
Other Investments EOY$1,526,893OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,526,893OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,551,387TotalAssetsBOYAmt
Total Assets EOY$1,548,548TotalAssetsEOYAmt
Total Assets EOYFMV$1,548,553TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,551,387UnrestrictedBOYAmt
Unrestricted EOY$1,548,548UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,551,387TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,548,548TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,551,387TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,548,548TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,551,387TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$39,787ExcessRevenueOverExpensesAmt
Other Increases$36,948OtherIncreasesAmt
Subtotal$1,548,548SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,548,548TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1$567,736NetVlNoncharitableAssetsYr1Amt
Net Vl Noncharitable Assets$1,526,720NetVlNoncharitableAssetsAmt
Net Investment Income Pct$67NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$67AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$38,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$67InvestmentIncomeExciseTaxAmt
Subtotal$67SubtotalAmt
Tax Based On Investment Income$67TaxBasedOnInvestmentIncomeAmt
Tax Due$67TaxDueAmt

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 StateSDOrgReportOrRegisterStateCd
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 AddressWWW.SFWFF.ORGWebsiteAddressTxt
Individual With BooksDAVID G OLSONIndividualWithBooksNm
Phone6059967717PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11820 N SANBORN BLVDAddressLine1Txt
CityMITCHELLCityNm
State AbbreviationSDStateAbbreviationCd
ZIP57301ZIPCd
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAVID G OLSON
1410 S MINNESOTAMITCHELLSD57301DIRECTOR1.00$0$0$0
TONA ROZUM
87 S HARMON DRIVEMITCHELLSD57301DIRECTOR1.00$0$0$0
KEN TRACY
614 S ANDERSON STMITCHELLSD57301DIRECTOR1.00$0$0$0
DAVID BROOKS
PO BOX 87LETCHERSD57359DIRECTOR1.00$0$0$0
TRUDY MORGAN
1421 MITCHELL BLVDMITCHELLSD57301DIRECTOR1.00$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$1,539,090AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,880AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,549,970TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,549,970AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$23,250CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,526,720NetVlNoncharitableAssetsAmt
Minimum Investment Return$76,336MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$76,336MinimumInvestmentReturnAmt
Tax Based On Investment Income$67TaxBasedOnInvestmentIncomeAmt
Total Tax$67TotalTaxAmt
Distributable Before Adj$76,269DistributableBeforeAdjAmt
Distributable Before Ded$76,269DistributableBeforeDedAmt
Distributable As Adjusted$76,269DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$38,000ExpensesAndContributionsAmt
Qualifying Distributions$38,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$67PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$37,933AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$76,269DistributableAsAdjustedAmt
Undistributed Income PY$28,384UndistributedIncomePYAmt
Qualifying Distributions$38,000QualifyingDistributionsAmt
Applied To Year1$28,384AppliedToYear1Amt
Applied To Current Year$9,616AppliedToCurrentYearAmt
Undistributed Income CY$66,653UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDAVID G OLSONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 249AddressLine1Txt
CityMITCHELLCityNm
State AbbreviationSDStateAbbreviationCd
ZIP57301ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6059967717RecipientPhoneNum
Recipient Email AddressDAVE.OLSON@ELOCPA.COMRecipientEmailAddressTxt
Form And Info And MaterialsGRANT APPLICATION SUMMARY NAME OF ORGANIZATION______________________________________________ ____ DATE ORGANIZED_______________ ADDRESS___________________________________________________ _______ WEBSITE__________________________ CONTACT NAME____________________________________ CONTACT PHONE S___________________________________ CONTACT EMAIL ADDRESS____________________________________________ DATE SUBMITTED______________ AGENCY OBJECTIVE/PURPOSE: (DESCRIBE IN COMPLETE DETAIL) __________________________________________________________ __________________________________________________________ ________ TARGET POPULATION SERVED: (AGE, GENDER, SPECIAL INTEREST, ETC.) __________________________________________________________ __________________________________________________________ ________ TYPE OF FUNDING (CIRCLE) PROGRAM EQUIPMENT SPECIAL PURPOSE DESCRIPTION OF EXPENDITURE FOR WHICH FUNDING IS REQUESTED: __________________________________________________________ _________________________FormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MITCHELL AREA COMMUNITY THEATRE
700 N MAIN STMITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
MITCHELL AREA FINE ARTS
821 N CAPITAL STMITCHELLSD57301EXTEND SUMMER PROGRAM FOR LOW-SES$2,000
BIG FRIEND LITTLE FRIEND
520 N LAWLER SUITE 400MITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
SNACK PACK
1200 W UNIVERSITY AVEMITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
ST MARY'S EPISCOPAL CHURCH
214 W 3RD AVEMITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
PHEASANTS FOREVER
225 S 6TH STMINNEAPOLISMN55402FOUNDATION KICK-OFF AWARD$2,000
FMBDAKOTA DISCOVERY MUSEUM
1300 MCGOVERN AVEMITCHELLSD57301CONSTRUCT BLACK BOX THEATRE ADDITION$2,000
LIFEQUEST
804 N MENTZER STMITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
SALVATION ARMY FOOD PANTRY
724 N SANBORN BLVDMITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
DWU TEAMMAKERS
1200 W UNIVERSITY AVEMITCHELLSD57301FOUNDATION KICK-OFF AWARD$2,000
ABBOTT HOUSE
909 COURT MERRILL DRIVEMITCHELLSD57301PURCHASE NEW CARPET & WALL COVERINGS$5,000
DAKOTA DISCOVERY MUSEUM
1200 W UNIVERSITY AVEMITCHELLSD57301CONSTRUCT BLACK BOX THEATRE ADDITION$5,000
JOHN PAUL II SCHOOL DAYCARE
1510 W ELM AVEMITCHELLSD57301FENCING FOR PROPOSED DAYCARE$1,000
MITCHELL ANIMAL RESCUE
PO BOX 355MITCHELLSD57301FUNDRAISING SUPPORT$1,000
MITCHELL AREA GARDEN CLUB
44 N HARMON DRIVEMITCHELLSD57301FIVE STAR MARKER IN VETERANS PARK$1,000
MITCHELL AREA HISTORICAL SOCIETY
119 WEST THIRD AVENUEMITCHELLSD57301PURCHASE OF NEW SOUND SYSTEM$2,500
MITCHELL AREA SAFEHOUSE
1809 N WISCONSINMITCHELLSD57301PURCHASE AND REPAIR WINDOWS/DOORS$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$38,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,674RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,674RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,674TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,647Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
CHARLES SCHWAB - 9046FMV
CHARLES SCHWAB - 1372FMV$564,446$564,446
NWML - 7804FMV$962,447$962,447

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
WEBSITE DEVELOPMENT$277
GRANT APPLICATION EXPENSE$383

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescINCREASE IN UNREALIZED APPRECIATIONDesc
Amt$36,948Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEES & CHARGESCategoryTxt
Amt$6,154Amt

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