BETA

EVERT FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
EVERT FOUNDATION (EIN 41-6543299)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201621349349102617
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)
Return2016-05-13T02:31:16-00:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Fredrikson & Byron PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 South Sixth Street 4000AddressLine1Txt
CityMplsCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416543299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Evert FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEVERBusinessNameControlTxt
Phone6124927000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 South Sixth Street Room 4000AddressLine1Txt
CityMinneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLindsay McCagePersonNm
Person TitleTrusteePersonTitleTxt
Signature2016-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn L NelsonPreparerPersonNm
Phone6124927000PhoneNum
Preparation2016-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,465,023FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$43InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$43InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$140,668DividendsRevAndExpnssAmt
Dividends Net Invst Incm$140,668DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$5,255NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,274,481GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$135,456TotalRevAndExpnssAmt
Total Net Invst Incm$140,711TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$22,619OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$22,619OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$14,869TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$37,488TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$22,619TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$185,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$185,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$222,488TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$22,619TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$185,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$87,032ExcessRevenueOverExpensesAmt
Net Investment Income$118,092NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$579,133SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$489,070SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$489,070SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,575,146CorporateStockBOYAmt
Corporate Stock EOY$2,822,508CorporateStockEOYAmt
Corporate Stock EOYFMV$4,189,697CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,030,587CorporateBondsBOYAmt
Corporate Bonds EOY$1,786,256CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,786,256CorporateBondsEOYFMVAmt
Total Assets BOY$5,184,866TotalAssetsBOYAmt
Total Assets EOY$5,097,834TotalAssetsEOYAmt
Total Assets EOYFMV$6,465,023TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$5,184,866UnrestrictedBOYAmt
Unrestricted EOY$5,097,834UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$5,184,866TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,097,834TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,184,866TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,097,834TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,184,866TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$87,032ExcessRevenueOverExpensesAmt
Subtotal$5,097,834SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,097,834TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly traded securitiesPropertyDesc
Gross Sales Price$2,251,862GrossSalesPriceAmt
Cost Or Other Basis$2,279,736CostOrOtherBasisAmt
Gain Or Loss-$27,874GainOrLossAmt
Gains Minus Excess Or Losses-$27,874GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$27,874CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$245,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$6,623,444NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000.036990DistributionYr1Rt
Adjusted Qlfy Distri Yr2$145,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$4,699,939NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000.030851DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,272,877AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$4,340,279NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000.293271DistributionYr3Rt
Adjusted Qlfy Distri Yr4$2,158,622AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$4,915,732NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000.439125DistributionYr4Rt
Adjusted Qlfy Distri Yr5$275,977AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$6,617,722NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000.041703DistributionYr5Rt
Total Distribution000.841940TotalDistributionRt
Average Distribution000.168388AverageDistributionRt
Net Vl Noncharitable Assets$6,530,585NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,099,672AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,181NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,100,853AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$185,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,362InvestmentIncomeExciseTaxAmt
Subtotal$2,362SubtotalAmt
Tax Based On Investment Income$2,362TaxBasedOnInvestmentIncomeAmt
Es Penalty$41EsPenaltyAmt
Tax Due$2,403TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
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
Individual With BooksJohn 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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Lindsay E McCabe
5321 Minnehaha BoulevardEdinaMN554241406Trustee000.00$0
Ann L McCabe
5321 Minnehaha BoulevardEdinaMN554241406Trustee000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

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$6,095,934AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$534,102AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,630,036TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,630,036AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$99,451CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,530,585NetVlNoncharitableAssetsAmt
Minimum Investment Return$326,529MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$326,529MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,362TaxBasedOnInvestmentIncomeAmt
Total Tax$2,362TotalTaxAmt
Distributable Before Adj$324,167DistributableBeforeAdjAmt
Distributable Before Ded$324,167DistributableBeforeDedAmt
Distributable As Adjusted$324,167DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$185,000ExpensesAndContributionsAmt
Qualifying Distributions$185,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$185,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$324,167DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$1,461,374ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,080,109ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$2,541,483TotalExcessDistributionCyovAmt
Qualifying Distributions$185,000QualifyingDistributionsAmt
Applied To Current Year$185,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$139,167ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$139,167ExcessDistributionCyovAppCYAmt
Total Corpus$2,402,316TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,402,316ExcessDistriCyovToNextYrAmt
Excess From Year4$1,322,207ExcessFromYear4Amt
Excess From Year3$1,080,109ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Union Gospel Mission
77 Ninth Street EastSt PaulMN55101PCGeneral use of charity$10,000
Jenny's Light
436 W Eagle Lake DriveMaple GroveMN55369PCGeneral use of charity$10,000
Greater Minneapolis Crisis Nursery
4544 4th Avenue SouthMinneapolisMN55419PCFormula For Hope$5,000
Pain Free Patriots
14001 Ridgedale Drive Suite 390MinnetonkaMN55305PCGeneral use of charity$5,000
The Salvation Army
2445 Prior Avenue NorthRosevilleMN55113PCGeneral use of charity$15,000
National Alliance on Mental Illness
800 Transfer Rd Suite 31St PaulMN55114PCFamily-to-Family Class$30,000
Minnesotans' Military Appreciation Fund
PO Box 2070MinneapolisMN55402PCGeneral use of charity$10,000
St Mary's University
700 Terrace Heights 21WinonaMN55987PCHendrickson Ethics Grant$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$185,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$43ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$140,668ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$5,255ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$135,456ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$135,456TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
Publicly traded securities$2,251,862$2,279,736-$27,874
Capital gain distributions$22,619$22,619

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondSchwab AccountBondNm
EOY Book Value$1,786,256EOYBookValueAmt
EOYFMV$1,786,256EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSchwab AccountStockNm
EOY Book Value$2,822,508EOYBookValueAmt
EOYFMV$4,189,697EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management FeesCategoryTxt
Amt$22,619Amt
Net Investment Income$22,619NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTax on investment incomeCategoryTxt
Amt$14,869Amt

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