THE FRANK AND MARGARET RACE FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE FRANK AND MARGARET RACE FOUNDATION INC (EIN 42-0925360)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-05
- IRS object ID
- 201501259349100335
- Schema version
- 2014v5.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-05T15:09:50-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | 2014-01-01 | 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 FOUNDATION INC | BusinessNameLine1Txt |
| 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 | 2015-04-30 | 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 | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,627,301 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $21,566 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $21,566 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $236,089 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,002,624 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $217,097 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$2,246 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $7 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $255,409 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $238,670 | 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 | $3,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,700 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $114 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $114 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $8,518 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $8,518 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,091 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,091 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $24,423 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,423 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $63,647 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $63,647 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $88,070 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,423 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $63,647 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $167,339 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $214,247 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,752 | CashBOYAmt |
| Cash EOY | $7,616 | CashEOYAmt |
| Cash EOYFMV | $7,616 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $51,473 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $33,794 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $33,794 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,260,673 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,274,654 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,274,654 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $294,579 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $311,237 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $311,237 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,611,477 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,627,301 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,627,301 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $321 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $321 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,611,477 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,626,980 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,611,477 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,626,980 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,611,477 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,627,301 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,611,477 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $167,339 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,778,816 | SubtotalAmt |
| Other Decreases | $151,836 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,626,980 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (41 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| ALLIANCE DATA SYS CORP - 125 SHS | 2013-06-25 | 2014-03-13 | $34,839 | $21,811 | $13,028 | $13,028 |
| COCA COLA COMPANY - 600 SHS | 2013-05-08 | 2014-03-24 | $23,040 | $25,512 | -$2,472 | -$2,472 |
| CONCUR TECHNOLOGIES, INC. - 300 SHS | 2014-09-03 | $32,552 | $24,870 | $7,682 | $7,682 | |
| CUMMINS, INC. - 95 SHS | 2013-05-08 | 2014-02-11 | $12,787 | $10,783 | $2,004 | $2,004 |
| ISHS MSCI EMG MKT - 250 SHS | 2013-10-10 | 2014-02-03 | $9,294 | $10,575 | -$1,281 | -$1,281 |
| ISHS 1-3 YR TRS - 600 SHS | 2014-08-18 | 2014-09-15 | $50,682 | $50,771 | -$89 | -$89 |
| ISHS MSCI EAFE INDX ETF - 900 SHS | 2014-02-03 | $56,402 | $55,900 | $502 | $502 | |
| JETBLUE AIRWASY CORP - 1500 SHS | 2014-03-27 | 2014-09-16 | $16,815 | $12,509 | $4,306 | $4,306 |
| ON SEMICONDUCTOR CORP. - 2500 SHS | 2014-05-13 | $21,975 | $22,951 | -$976 | -$976 | |
| POLYONE CORP - 1000 SHS | 2014-10-15 | $33,501 | $36,000 | -$2,499 | -$2,499 | |
| SINCLAIR BROADCAST GRP - 900 SHS | 2014-08-14 | $26,936 | $23,124 | $3,812 | $3,812 | |
| SPIRIT AIRLINES INC. - 400 SHS | 2014-10-15 | $21,666 | $25,250 | -$3,584 | -$3,584 | |
| SYNNEX CORP - 400 SHS | 2014-05-27 | 2014-06-18 | $28,463 | $25,876 | $2,587 | $2,587 |
| TRINITY INDUSTRIES INC. - 800 SHS | 2014-05-13 | 2014-12-05 | $25,121 | $32,592 | -$7,471 | -$7,471 |
| TRIUMPH GROUP INC. - 400 SHS | 2014-07-01 | $27,541 | $25,516 | $2,025 | $2,025 | |
| VP CORP - 100 SHS | 2013-09-04 | 2014-02-14 | $5,640 | $4,812 | $828 | $828 |
| LYONDELLBASELL NV CL A - 250 SHS | 2014-10-24 | 2014-11-04 | $21,023 | $23,133 | -$2,110 | -$2,110 |
| ALEXION PARMS INC. - 150 SHS | 2010-05-19 | 2014-03-24 | $22,631 | $3,783 | $18,848 | $18,848 |
| AUTOMATIC DATA PRO INC. - 300 SHS | 2003-11-21 | 2014-08-01 | $24,426 | $10,300 | $14,126 | $14,126 |
| BURGER KING WORLDWIDE - 850 SHS | 2013-05-08 | 2014-12-15 | $30,677 | $15,666 | $15,011 | $15,011 |
| CVS HEALTH CORP - 500 SHS | 2010-10-18 | 2014-02-05 | $32,504 | $15,629 | $16,875 | $16,875 |
| CHEVRON CORP - 175 SHS | 2014-02-03 | $19,605 | $9,719 | $9,886 | $9,886 | |
| COACH INC. - 100 SHS | 2014-02-03 | $4,635 | $6,213 | -$1,578 | -$1,578 | |
| CUMMINS INC. - 125 SHS | 2010-05-06 | 2014-02-11 | $16,825 | $8,760 | $8,065 | $8,065 |
| DU PONT E.I.DE NEMOUR & CO. | 2014-04-17 | $20,115 | $13,982 | $6,133 | $6,133 | |
| EXPRESS SCRIPTS HLDG CO. - 200 SHS | 2010-05-06 | 2014-05-01 | $13,256 | $10,250 | $3,006 | $3,006 |
| EXXON MOBIL CORP - 200 SHS | 2014-11-04 | $18,820 | $12,135 | $6,685 | $6,685 | |
| FIFTH & PACIFIC INC. - 500 SHS | 2012-04-17 | 2014-01-06 | $15,985 | $6,625 | $9,360 | $9,360 |
| GENL MILLS INC - 100 SHS | 2011-12-20 | 2014-09-08 | $5,354 | $3,915 | $1,439 | $1,439 |
| GILEAD SCIENCES INC - 300 SHS | 2013-05-08 | 2014-12-23 | $26,666 | $15,903 | $10,763 | $10,763 |
| GOOGLE INC. CL C - 25 SHS | 2013-06-13 | 2014-12-05 | $13,246 | $10,916 | $2,330 | $2,330 |
| HUNTSMAN CORP - 1000 SHS | 2013-06-25 | 2014-08-26 | $26,811 | $16,800 | $10,011 | $10,011 |
| PEPSICO INC. - 200 SHS | 2009-04-22 | 2014-04-22 | $17,080 | $9,901 | $7,179 | $7,179 |
| QLOGIC CORP - 1500 SHS | 2014-08-18 | $13,456 | $14,788 | -$1,332 | -$1,332 | |
| QUALCOMM INC. | 2011-01-13 | 2014-04-24 | $23,370 | $15,711 | $7,659 | $7,659 |
| RESTAURANT BRANDS INT LP - .5 SHS | 2013-05-08 | 2014-12-22 | $19 | $18 | $1 | $1 |
| RESTAURANT BRANDS INT - .5 SHS | 2013-05-08 | 2014-12-15 | $18 | $18 | $0 | $0 |
| VF CORP - 800 SHS | 2011-02-17 | 2014-02-14 | $45,120 | $17,469 | $27,651 | $27,651 |
| KINDER MORGAN (CAP PORTION ONLY) | 2011-01-21 | 2014-03-04 | $18,645 | $16,979 | $5,222 | $5,222 |
| ENTERPRISE PRODUCTS (CAP PORTION ONLY) | 2014-05-01 | $29,200 | $19,487 | $11,512 | $11,512 | |
| WESTERN GAS PARTNERS (CAP PORTION ONLY) | 2014-11-04 | $34,019 | $24,035 | $11,953 | $11,953 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $217,097 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $37,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,063,289 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.035268 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $70,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,391,279 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050313 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $53,250 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,377,672 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.038652 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $79,700 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,390,659 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.057311 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $89,898 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,389,401 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.064703 | DistributionYr5Rt |
| Total Distribution | 0.246247 | TotalDistributionRt |
| Average Distribution | 0.049249 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,327,796 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $65,393 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,142 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $67,535 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $63,647 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,285 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,285 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,285 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $600 | TotalPaymentsAndCreditsAmt |
| Tax Due | $3,685 | TaxDueAmt |
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 (5 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 |
| 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 | $1,277,818 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $70,198 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,348,016 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,348,016 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $20,220 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,327,796 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $66,390 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $66,390 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,285 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,285 | TotalTaxAmt |
| Distributable Before Adj | $62,105 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $62,105 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $62,105 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $63,647 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $63,647 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $63,647 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $62,105 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,139 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $10,237 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $609 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $15,985 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $63,647 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $62,105 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,542 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $17,527 | 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 | $5,139 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $12,388 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $10,237 | ExcessFromYear4Amt |
| Excess From Year2 | $609 | ExcessFromYear2Amt |
| Excess From Current Year | $1,542 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 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 |
| CHINA OUTREACH MINISTRIES | |||||||
| 555 GETTYSBURG PIKE | MECHANICSBURG | PA | 17055 | N/A | PUBLIC CHARITY | GREG GAINER - ISU - SUPPORT | $2,000 |
| HARVESTERS | |||||||
| 2001 WEST PLANO PARKWAY STE 3432 | PLANO | TX | 75075 | N/A | PUBLIC CHARITY | MISSIONAIRIES LANCE & KIM LEPP - SUPPORT | $6,000 |
| HIS HANDS | |||||||
| PO BOX 339 | CEDAR RAPIDS | IA | 52406 | N/A | PUBLIC CHARITY | FREE MEDICAL CLINIC - STAFF TRAINING | $2,747 |
| HOUSE OF HOPE | |||||||
| 1744 2ND AVE SE | CEDAR RAPIDS | IA | 52403 | N/A | PUBLIC CHARITY | FAITH BASED THERAPYABUSED WOMEN SHELTER | $3,000 |
| NARRAMORE CHRISTIAN FOUNDATION | |||||||
| 250 WEST COLORADO BLVD SUITE 200 | ARCADIA | CA | 91007 | N/A | PUBLIC CHARITY | COUNSELING MISSIONARIES SUPPORT - JOHN & BECKY LEVERINGTON | $2,000 |
| WARM BLANKETS ORPHAN CARE | |||||||
| 5105 TOLLVIEW DRIVE SUITE 155 | ROLLING MEADOWS | IL | 60008 | N/A | PUBLIC CHARITY | ORPHAN CARE | $1,000 |
| WIND AND FIRE MINISTRIES | |||||||
| 3243 WIND FIRE DRIVE | MARION | IA | 52302 | N/A | PUBLIC CHARITY | TIM PHILLIPS MISSIONARY WORK | $1,500 |
| YWAM | |||||||
| PO BOX 3000 | GARDEN VALLEY | TX | 75771 | N/A | PUBLIC CHARITY | JIM & ANNA RODGERSSCRIPTURE TRANSLATION | $12,000 |
| BENGALI EVANGELICAL ASSOCIATION | |||||||
| PO BOX 1733 | LOMA LINDA | CA | 92354 | N/A | PUBLIC CHARITY | 400 BENGALI BIBLES | $1,600 |
| COMMUNITY 242 | |||||||
| 2932 SW 9TH AVENUE | CAPE CORAL | FL | 33914 | N/A | PUBLIC CHARITY | TIM MCDANIEL MISSONARY SUPPORT | $12,000 |
| FINISTERRE VISION | |||||||
| 719 E PALOMINO DRIVE | GILBERT | AZ | 85296 | N/A | PUBLIC CHARITY | CHARITABLE SUPPORT | $1,000 |
| INTERVARSITY CHRISTIAN FELLOWSHIP | |||||||
| PO BOX 7895 | MADISON | WI | 537077895 | N/A | PUBLIC CHARITY | JOSEPH BRINKMAN MISSIONARY SUPPORT - COE COLLEGE | $12,000 |
| ABWE | |||||||
| PO BOX 8585 | HARRISBURG | PA | 17105 | N/A | PUBLIC CHARITY | JOSH & JENNY FARVER SUPPORT | $1,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $63,647 | 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 | $21,566 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $7 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $236,089 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|
| WESTERN GAS PARTNERS | -$596 |
| ENTERPRISE PRODUCTS PARTNERS LP | -$457 |
| COMMON WEALTH INCOME AND GROWTH | $436 |
| KINDER MORGAN ENERGY PARTNERS | $75 |
| WESTERN GAS PARTNERS | -$1,711 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,253 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $257,662 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $255,409 | 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 | $3,700 | Amt |
| Net Investment Income | $3,700 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|---|
| KINDER MORGAN (ORD PORTION ONLY) | 2011-01 | PURCHASED | 2014-03 | $18,645 | $16,979 | $0 | $9,359 |
| ENTERPRISE PRODUCTS PARTNERS (ORD PORTION ONLY) | PURCHASED | 2014-05 | $29,200 | $19,487 | $0 | $4,795 | |
| WESTERN GAS PARTNERS (ORD PORTION ONLY) | PURCHASED | 2014-11 | $34,019 | $24,035 | $0 | $4,838 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $1,274,654 | EOYBookValueAmt |
| EOYFMV | $1,274,654 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ANNUITY CONTRACT | FMV | $181,862 | $181,862 |
| BEHRINGER HARVARD REIT | FMV | $26,553 | $26,553 |
| INLAND AMERICAN REAL ESTATE TRUST | FMV | $51,822 | $51,822 |
| COMMONWEALTH INCOME & GROWTH | FMV | $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 | $151,836 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT EXPENSES | Desc |
| Revenue And Expenses Per Books | $12,091 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $12,091 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| KINDER MORGAN ROYALITIES | $7 | $7 | $7 |
| WESTERN GAS PARTNERS | -$596 | $0 | -$596 |
| ENTERPRISE PRODUCTS PARTNERS LP | -$457 | $0 | -$457 |
| COMMON WEALTH INCOME AND GROWTH | $436 | $0 | $436 |
| KINDER MORGAN ENERGY PARTNERS | $75 | $0 | $75 |
| WESTERN GAS PARTNERS | -$1,711 | $0 | -$1,711 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $114 | Amt |
| Net Investment Income | $114 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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