BETA

THE ROBERT E & ROSEMARY PRICE FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
THE ROBERT E & ROSEMARY PRICE FOUNDATION INC (EIN 38-3247629)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201631349349103138
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)
Return2016-05-13T23:07:56-04:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Paul W Loock PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12401 Mulberry Square No 61AddressLine1Txt
CityBLOOMFIELD HILLSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48302ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383247629EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Robt E & Rosemary Price FoundatBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHERBusinessNameControlTxt
Phone5172656168PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 605AddressLine1Txt
CityAdrianCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49221ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHenry E MistelePersonNm
Person TitleSecretaryPersonTitleTxt
Signature2016-04-29SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPaul W LoockPreparerPersonNm
PTINP00638830PTIN
Phone2487604035PhoneNum
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$3,448,501FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Dividends Rev And Expnss$118,365DividendsRevAndExpnssAmt
Dividends Net Invst Incm$118,365DividendsNetInvstIncmAmt
Dividends Adj Net Incm$118,365DividendsAdjNetIncmAmt
Total Rev And Expnss$118,365TotalRevAndExpnssAmt
Total Net Invst Incm$118,365TotalNetInvstIncmAmt
Total Adj Net Incm$118,365TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$2,185OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,185OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$2,185OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$2,185OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,185TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,185TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,185TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,185TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$134,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$134,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$136,685TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,185TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,185TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$136,685TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,320ExcessRevenueOverExpensesAmt
Net Investment Income$116,180NetInvestmentIncomeAmt
Adjusted Net Income$116,180AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$125,550SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$107,230SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$107,230SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,917,042CorporateStockBOYAmt
Corporate Stock EOY$1,917,042CorporateStockEOYAmt
Corporate Stock EOYFMV$3,341,271CorporateStockEOYFMVAmt
Total Assets BOY$2,042,592TotalAssetsBOYAmt
Total Assets EOY$2,024,272TotalAssetsEOYAmt
Total Assets EOYFMV$3,448,501TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$2,042,592CapitalStockBOYAmt
Capital Stock EOY$2,024,272CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$2,042,592TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,024,272TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,042,592TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,024,272TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,042,592TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,320ExcessRevenueOverExpensesAmt
Subtotal$2,024,272SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,024,272TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,324InvestmentIncomeExciseTaxAmt
Subtotal$2,324SubtotalAmt
Tax Based On Investment Income$2,324TaxBasedOnInvestmentIncomeAmt
Tax Due$2,324TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksRobt E PriceIndividualWithBooksNm
Phone5176256168PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 605AddressLine1Txt
CityADRIANCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49221ZIPCd

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
Robert E Price
PO 605AdrianMI49221President3$0
Henry E Mistele
100 W Big Beaver Rd 385TroyMI48084Secretary0$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)
Description1NoneDescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,028,834AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$125,043AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,153,877TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,153,877AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$47,308CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,106,569NetVlNoncharitableAssetsAmt
Minimum Investment Return$155,328MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$155,328MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,324TaxBasedOnInvestmentIncomeAmt
Total Tax$2,324TotalTaxAmt
Distributable Before Adj$153,004DistributableBeforeAdjAmt
Distributable Before Ded$153,004DistributableBeforeDedAmt
Distributable As Adjusted$153,004DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$136,685ExpensesAndContributionsAmt
Qualifying Distributions$136,685QualifyingDistributionsAmt
Adjusted Qualifying Distri$136,685AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$153,004DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$79,843ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$23,331ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$42,476ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$145,650TotalExcessDistributionCyovAmt
Qualifying Distributions$136,685QualifyingDistributionsAmt
Applied To Current Year$136,685AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$16,319ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$16,319ExcessDistributionCyovAppCYAmt
Total Corpus$129,331TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$63,524ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$65,807ExcessDistriCyovToNextYrAmt
Excess From Year4$23,331ExcessFromYear4Amt
Excess From Year3$42,476ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNoneContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRobert E PriceRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 605AddressLine1Txt
CityAdrianCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49221ZIPCd
FieldValueIRS element (for citing)
Recipient Phone5172656160RecipientPhoneNum
Form And Info And MaterialsLetterFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Pixies Animal Wefare
PO Box 342BRIGHTONMI48114OperCharitible$1,000
Tecumseh Community Scho
211 Ottawa StTECUMSEHMI49286OperEducational$2,500
Crosswell Opera House
129 E Maumee StADRIANMI49221OperCharitible$2,000
Blissfield American Lea
212 N VerlindenLANSINGMI48915OperCharitible$2,000
Junior Achievement
122 E Maumee StADRIANMI49221OperCharitible$5,000
Siena Heights Univ
1247 Sienna Heights DrADRIANMI49221OperEducational$35,000
Adrian Schools Edu Fnd
785 Riverside DrADRIANMI49221OperEducational$10,000
Adrian College
110 S MadisonADRIANMI49221OperEducational$50,000
Hospice of Lenawee
1903 Wolf Creek HwyADRIANMI49221OperCharitible$25,000
Lenawee Relay for Life
1755 Abbey RdEAST LANSINGMI48823OperCharitible$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$134,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$118,365ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$118,365ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$118,365TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number4LineNumberTxt
Relationship StatementNot ApplicableRelationshipStatementTxt

Schedule B IRS990ScheduleB

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
JP Morgan Chase$55,478$141,172
Bristol Myers Squibb$55,528$137,580
General Electric$1,391,585$2,460,850
IBM$59,019$217,437
Nuveen Large Cap Value Fund$203,107$325,327
Bank of America$152,325$58,905

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescPvt Foundation Excise TaxDesc
Revenue And Expenses Per Books$2,185RevenueAndExpensesPerBooksAmt
Net Investment Income$2,185NetInvestmentIncomeAmt
Adjusted Net Income$2,185AdjustedNetIncomeAmt
Disbursements Charitable Prps$2,185DisbursementsCharitablePrpsAmt

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