THE PALMER FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE PALMER FAMILY FOUNDATION (EIN 35-6691822)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-16
- IRS object ID
- 201631379349100913
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-16T08:48:45-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352123203 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSM BUSINESS SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400857 | 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 | 356691822 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PALMER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PALM | BusinessNameControlTxt |
| Phone | 3175740621 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE COURT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD PALMER | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 3175740621 | PhoneNum |
| Signature | 2016-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID A RESNICK | PreparerPersonNm |
| PTIN | P00019231 | PTIN |
| Phone | 3175802000 | PhoneNum |
| Preparation | 2016-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,939,079 | 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 | $200,782 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $723 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $723 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $81,247 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $81,247 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $96,148 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,045,251 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $96,148 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,431 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,431 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $388,331 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $187,549 | 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 | $3,225 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $29 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,252 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,464 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,510 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24,180 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $43,016 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $26,644 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $48,725 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $48,725 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $91,741 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $26,644 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $48,725 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $296,590 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $160,905 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $24,011 | CashBOYAmt |
| Cash EOY | $1,926 | CashEOYAmt |
| Cash EOYFMV | $1,926 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $74,327 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $152,572 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $152,572 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,403,398 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,597,313 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,784,581 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $2,501,736 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,751,811 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,939,079 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,220 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,699 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,220 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,699 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,497,516 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,744,112 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,497,516 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,744,112 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,501,736 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,751,811 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,497,516 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $296,590 | ExcessRevenueOverExpensesAmt |
| Other Increases | $405 | OtherIncreasesAmt |
| Subtotal | $2,794,511 | SubtotalAmt |
| Other Decreases | $50,399 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,744,112 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED STOCK- FIDELITY 6106 | P | 2015-12-31 | $24,348 | $28,283 | -$3,935 | -$3,935 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2678 | P | 2015-12-31 | $6,417 | $6,467 | -$50 | -$50 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2678 | P | 2015-12-31 | $101,342 | $103,243 | -$1,901 | -$1,901 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2677 | P | 2015-12-31 | $67,779 | $67,515 | $264 | $264 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 2677 | P | 2015-12-31 | $169,389 | $173,945 | -$4,556 | -$4,556 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4606 | P | 2015-12-31 | $5,879 | $5,879 | $5,879 | |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4606 | P | 2015-12-31 | $97,728 | $88,497 | $9,231 | $9,231 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6117 | P | 2015-12-31 | $5,711 | $5,711 | $5,711 | |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6117 | D | 2015-12-31 | $32,755 | $25,518 | $7,237 | $7,237 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6117 | D | 2015-12-31 | $169,763 | $127,237 | $42,526 | $42,526 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 6117 | P | 2015-12-31 | $27,986 | $28,702 | -$716 | -$716 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4605 | P | 2015-12-31 | $101,010 | $111,191 | -$10,181 | -$10,181 |
| SALE OF PUBLICLY TRADED STOCK- MORGAN STANLEY 4605 | P | 2015-12-31 | $219,787 | $188,505 | $31,282 | $31,282 |
| CAPITAL GAINS DIVIDENDS | P | $15,357 | $15,357 | $15,357 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $96,148 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $126,551 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,420,847 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052276 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $23,019 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,931,694 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.011916 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $29,510 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $712,687 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.041407 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $61,900 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $718,657 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.086133 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $91,108 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $671,399 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.135699 | DistributionYr5Rt |
| Total Distribution | 0.327431 | TotalDistributionRt |
| Average Distribution | 0.065486 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,806,283 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $183,772 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,609 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $185,381 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $48,725 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,218 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,218 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,218 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,200 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $14 | EsPenaltyAmt |
| Overpayment | $3,968 | OverpaymentAmt |
| Applied To ES Tax | $3,968 | AppliedToESTaxAmt |
| Refund | $0 | 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 | IN | 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 | CAROLYN J PALMER | IndividualWithBooksNm |
| Phone | 3175740621 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE CT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| ELDON D PALMER | ||||||||
| 7965 WESTFIELD ROAD | INDIANAPOLIS | IN | 46240 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| M ELAINE PALMER | ||||||||
| 7965 WESTFIELD ROAD | INDIANAPOLIS | IN | 46240 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| DONALD L PALMER | ||||||||
| 33 TWINSHORE COURT | CARMEL | IN | 46033 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| CAROLYN J PALMER | ||||||||
| 33 TWINSHORE COURT | CARMEL | IN | 46033 | DIRECTOR | 0.50 | $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 | $2,759,956 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $89,062 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,849,018 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,849,018 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $42,735 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,806,283 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $140,314 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $140,314 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,218 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,218 | TotalTaxAmt |
| Distributable Before Adj | $137,096 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $137,096 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $137,096 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $48,725 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $48,725 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $48,725 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $137,096 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $36,484 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $26,699 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $12,609 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $75,792 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $48,725 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $48,725 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $75,792 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $75,792 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $12,579 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DONALD L PALMER | ContributingManagerNm |
| Contributing Manager | CAROLYN J PALMER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DONALDCAROLYN PALMER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE CT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3178465555 | RecipientPhoneNum |
| Form And Info And Materials | NO SPECIAL FORM. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO SPECIFIC DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| EMPART USA | |||||||
| 15455 GLENEAGLE DR STE 100 | COLORADO SPRINGS | CO | 80921 | NONE | PC | GENERAL SUPPORT- CHRIST'S KINGDOM IN NORTH INDIA | $30,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS ROAD | KANSAS CITY | MO | 64129 | NONE | PC | GENERAL SUPPORT | $400 |
| GOODWILL INDUSTRIES FOUNDATION | |||||||
| 1635 W MICHIGAN ST | INDIANAPOLIS | IN | 46222 | NONE | PC | GENERAL SUPPORT | $1,000 |
| HOPE INTERNATIONAL | |||||||
| 227 GRANITE RUN DR STE 250 | LANCASTER | PA | 17601 | NONE | PC | GENERAL SUPPORT | $4,500 |
| OPPORTUNITY INTERNATIONAL | |||||||
| PO BOX 3695 | OAK BROOK | IL | 60522 | NONE | PC | GENERAL SUPPORT | $1,000 |
| SAGAMORE INSTITUTE | |||||||
| 2301 NORTH PARK AVE | INDIANAPOLIS | IN | 46205 | NONE | PC | GENERAL SUPPORT | $2,500 |
| SHEPHERD COMMUNITY CENTER | |||||||
| 4107 E WASHINGTON ST | INDIANAPOLIS | IN | 46201 | NONE | PC | GENERAL SUPPORT | $6,000 |
| SYCAMORE SCHOOL | |||||||
| 1750 W 64TH ST | INDIANAPOLIS | IN | 46260 | NONE | PC | GENERAL SUPPORT | $1,000 |
| XAVIER UNIVERSITY | |||||||
| 3200 VICTORY PARKWAY | CINCINNATI | OH | 45207 | NONE | PC | GENERAL SUPPORT | $75 |
| YOUNG LIFE | |||||||
| PO BOX 520 | COLORADO SPRINGS | CO | 80901 | NONE | PC | GENERAL SUPPORT | $2,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $48,725 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $723 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $81,247 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,431 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $96,148 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $187,549 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $187,549 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | DONALD CAROLYN PALMER | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 TWINSHORE COURT | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $200,782 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | STOCK DONATION WITH COST OF $153,267 AND FAIR MARKET VALUE OF $200,782 | NoncashPropertyDesc |
| Fair Market Value | $200,782 | FairMarketValueAmt |
| Received | 2015-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $3,225 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (108 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DAIMLER CHRYSLER | $1 | $226,858 |
| FMI LARGE CAP FUND | $22,187 | $24,123 |
| SPARTAN 500 INDEX FD ADVANTAGE | $20,131 | $32,296 |
| CAUSEWAY INTERNATIONAL VALUE | $23,588 | $24,445 |
| DODGE & COX STOCK | $23,551 | $38,910 |
| HARDING LOEVNER EMERGING MARKETS | $11,700 | $18,698 |
| VIRTUS REAL ESTATE SECURITIES | $6,254 | $13,042 |
| SPARTAN 500 INDEX FD ADVANTAGE | $34,590 | $57,134 |
| CAUSEWAY INTERNATIONAL VALUE | $93,230 | $93,572 |
| HUBER CAPITAL SMALL | $21,393 | $19,473 |
| UBS AG JERSEY | $14,513 | $9,705 |
| AQR MANAGED FUTURES FUND | $28,100 | $28,721 |
| DODGE & COX INCOME | $24,847 | $23,859 |
| OAKMARK SELECT | $26,000 | $24,619 |
| HARTFORD WORLD BOND FUND | $28,100 | $26,599 |
| IVA WORLDWIDE FUND | $32,100 | $29,073 |
| JP MORGAN INFLATION MANAGED BOND SELECT | $17,600 | $17,241 |
| MATTHEW ASIAN GROWTH AND INCOME | $16,900 | $14,634 |
| ROBECO BOSTON PRTNS LG | $27,000 | $26,433 |
| RS GLOBAL NATURAL RESOURCES FUND | $15,000 | $6,556 |
| SCHWAB FUNDEMENTAL US LARGE | $41,900 | $41,080 |
| WHITEBOX TACTICAL OPORTUNITIES | $0 | $0 |
| WILLIAM BLAIR MACRO ALLOCATION FUND | $21,300 | $21,451 |
| BANK OF AMERICA | $3,771 | $3,780 |
| GOLDMAN SACHS GROUP | $3,834 | $3,754 |
| HSBC USA | $3,792 | $3,790 |
| METLIFE | $3,745 | $3,783 |
| US BANCORP | $3,866 | $3,822 |
| DOUBLELINE TOTAL RETURN | $38,298 | $37,672 |
| GUGGENHEIM FLOATIG RE STRAT | $30,982 | $29,103 |
| NUVEEN SYM FLOATING RT | $32,105 | $29,079 |
| PIMCO MORTGAGE OPPORTUNITIES | $28,864 | $28,301 |
| PRINCIPAL PREFERRED SEC A | $112,157 | $107,988 |
| RS FLOATING RATE | $32,704 | $28,780 |
| ABBVIE INC. | $2,265 | $2,844 |
| ALTRIA GROUP INC. | $842 | $1,455 |
| AMEREN CORP | $2,100 | $2,896 |
| APPLE INC. | $0 | $0 |
| AT&T | $3,074 | $3,028 |
| BAXTER INTL | $0 | $0 |
| BCE INC. | $2,956 | $2,626 |
| BRISTOL MYERS SQUIBB CO. | $1,411 | $2,958 |
| CHEVRON CORP | $3,123 | $2,969 |
| CISCO SYS INC | $2,668 | $2,906 |
| COCA COLA | $2,905 | $2,964 |
| DOMINION RES INC | $2,941 | $2,908 |
| DU PONT EL DE NEMOURS & CO. | $0 | $0 |
| DUKE ENERGY CORP. | $2,784 | $3,070 |
| EATON CORP | $720 | $624 |
| EDISON INTERNATIONAL | $2,253 | $2,901 |
| ELI LILLY & CO | $2,419 | $2,949 |
| FORD MOTOR CO. | $0 | $0 |
| GENERAL ELECTRIC | $2,574 | $2,990 |
| JOHNSON & JOHNSON | $2,052 | $2,979 |
| JP MORGAN CHASE & CO. | $3,454 | $4,358 |
| KIMBERLY CLARK CORP | $989 | $1,528 |
| KRAFT FOODS | $2,090 | $2,910 |
| LAMAR ADVERTISING | $1,290 | $1,500 |
| LOCKHEED MARTIN CORP | $1,647 | $4,126 |
| LYONDELLBASELL NV | $1,827 | $2,694 |
| MCDONALDS CORP | $2,491 | $3,072 |
| MERCK & CO | $3,023 | $2,905 |
| MICROSOFT CORP | $1,505 | $2,996 |
| NEXTERA ENERGY INC. | $3,597 | $4,571 |
| OCCIDENTAL PETROLEUM | $625 | $608 |
| PEPSICO | $2,802 | $2,898 |
| PFIZER INC. | $3,810 | $4,616 |
| PG&E | $2,297 | $2,925 |
| PHILIP MORRIS INTL. | $4,377 | $4,483 |
| PRUDENTIAL FINANCIAL | $2,887 | $2,768 |
| QUALCOM | $3,222 | $2,999 |
| ROYAL DUTCH SHELL PLC | $3,887 | $2,747 |
| SEMPRA ENERGY | $3,167 | $4,042 |
| STEEL DYNAMICS | $3,027 | $2,966 |
| TOTAL S A SPON ADR | $3,558 | $2,742 |
| WELLS FARGO & CO. | $2,240 | $2,881 |
| WILLIAMS CO INC. | $2,758 | $2,030 |
| ISHARES MORTGAGE RE EST CP ETF | $3,431 | $2,878 |
| ISHARES SELECT DIVIDEND ETF | $11,535 | $11,573 |
| POWERSHARES S&P 500 | $5,344 | $5,468 |
| UTILITIES SEL SECT SPDR FUND | $8,156 | $8,959 |
| VANGUARD DIVIDEND APPRECIATION | $0 | $0 |
| LAS VEGAS SANDS | $0 | $0 |
| SEAGATE TECHNOLOGY | $0 | $0 |
| SUN LIFE FINL SVCS CDA INC. | $0 | $0 |
| TELUS CORP | $0 | $0 |
| SPDR TRUST SERIES I | $365,055 | $366,966 |
| JP MORGAN ALERIAN MLP INDEX | $102,021 | $68,456 |
| COLUMBIA ACORN EMERGING MARKETS | $14 | $11 |
| IVY SCI & TECH I | $51,020 | $45,377 |
| LORD ABB | $0 | $0 |
| LORD ABBETT SHT DURATION INC | $81,713 | $77,920 |
| PRUDENTIAL SHT TRM CORP | $0 | $0 |
| VANGUARD SHRT TERM BND | $12,356 | $12,254 |
| BLACKROCK STRATEGIC INC | $44,347 | $42,622 |
| PIMCO MORTGAGE OPPORTUNITIES | $40,058 | $39,277 |
| PIMCO UNCONSTRAINED BOND | $46,312 | $42,746 |
| PUTNAM SHORT DURRATION | $28,679 | $28,622 |
| VANGUARD SH TM BD INDEX | $30,814 | $30,550 |
| JP MORGAN ALERIAN MLP INDEX | $49,945 | $29,491 |
| ISHARES SELECT DIVIDEND ETF | $121,589 | $126,703 |
| SPDR TRUST SERIES I | $207,552 | $203,870 |
| COLUMBIA ACORN EMERGING MARKETS | $14 | $11 |
| GUGGENHEIM FLOATIG RE STRAT | $69,566 | $66,960 |
| IVY SCI & TECH I | $30,612 | $27,226 |
| LORD ABBETT SHT DURATION INC | $138,444 | $133,881 |
| NUVEEN SYM FLOATING RT | $71,393 | $67,032 |
| PRINCIPAL PREFERRED SEC A | $135,583 | $134,922 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| COST BASIS ADJUSTMENT | $2,884 |
| COST BASIS ADJUSTMENT ON DONATED STOCK | $47,515 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BROKERAGE FEES | $24,180 | $24,180 | $0 |
| DUES | $330 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS RECEIPTS | Desc |
| Revenue And Expenses Per Books | $9,431 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $9,431 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,431 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DIVIDEND DISTRIBUTIONS- RETURN OF CAPITAL | Desc |
| Amt | $405 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CALL STANDARD & POORS | $2,035 | $5,120 |
| CALL STANDARD & POORS | $1,785 | $2,579 |
| DUE TO PALMER PROPERTIES | $400 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $2,464 | $2,464 | $0 |
| TAXES | $12,788 | $0 | $0 |
Comments