THROCKMORTON FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THROCKMORTON FOUNDATION (EIN 61-6288548)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-10-26
- IRS object ID
- 201502999349100400
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-10-26T09:26:03-00:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Select Fiduciary LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 420 | AddressLine1Txt |
| City | Rootstown | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44272 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 616288548 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Throckmorton Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THRO | BusinessNameControlTxt |
| Phone | 3302582394 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3421 Ridgewood Road Room 100 | AddressLine1Txt |
| City | Fairlawn | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44333 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark Mosley | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 3302582394 | PhoneNum |
| Signature | 2015-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robin L Riemenschneider | PreparerPersonNm |
| Phone | 3307770600 | PhoneNum |
| Preparation | 2015-10-23 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization4947a1 Trtd PF | Yes (X) | Organization4947a1TrtdPFInd |
| FMV Assets EOY | $6,364,741 | 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 | $150,641 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $150,641 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $466,704 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,171,319 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $466,704 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $617,345 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $617,345 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $16,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $8,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $8,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $995 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $746 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $249 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $42,034 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $42,034 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $10,559 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,674 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,358 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,358 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $70,946 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $52,454 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,607 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $251,047 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $251,047 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $321,993 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $52,454 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $260,654 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $295,352 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $564,891 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $309,447 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $282,802 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $282,802 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $650,397 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $499,050 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $504,871 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,648,147 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,971,424 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,789,729 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $639,624 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $789,439 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $787,051 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $36 | OtherAssetsBOYAmt |
| Other Assets EOY | $288 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $288 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,247,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,543,003 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,364,741 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,247,651 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,543,003 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,247,651 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,543,003 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,247,651 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,543,003 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,247,651 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $295,352 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,543,003 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,543,003 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Publicly traded securities | P | 2014-06-30 | 2015-06-30 | $1,810,104 | $1,354,815 | $455,289 | $455,289 |
| Publicly traded securities | P | 2014-07-01 | 2015-06-30 | $357,170 | $349,800 | $7,370 | $7,370 |
| Long Term Capital Gain Dividends | P | 2014-06-30 | 2015-06-30 | $4,045 | $4,045 | $4,045 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $466,704 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $7,370 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $333,195 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,115,222 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 000.054486 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $305,276 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,802,622 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 000.052610 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $310,806 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,707,703 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 000.054454 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $263,395 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,896,436 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 000.044670 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $264,236 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $5,123,080 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 000.051578 | DistributionYr5Rt |
| Total Distribution | 000.257798 | TotalDistributionRt |
| Average Distribution | 000.051560 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,348,304 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $327,319 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,649 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $332,968 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $260,654 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,298 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,298 | SubtotalAmt |
| Tax Based On Investment Income | $11,298 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,800 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,800 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $5,800 | OriginalReturnTaxPaidAmt |
| Tax Due | $5,498 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | None | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Huntington National Bank | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3302582394 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3421 Ridgewood Road Suite 100 | AddressLine1Txt |
| City | Akron | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44333 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Neil A Maly | ||||||
| 953 Maple St | Tallmadge | OH | 44278 | Trustee | 001.00 | $8,000 |
| John Rasnick | ||||||
| 388 S Main St | Akron | OH | 44308 | Trustee | 001.00 | $8,000 |
| Mark A Mosley | ||||||
| 39 East Market St | Akron | OH | 44308 | Trustee | 002.00 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,444,979 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,444,979 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $6,444,979 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $96,675 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,348,304 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $317,415 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $317,415 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,298 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,298 | TotalTaxAmt |
| Distributable Before Adj | $306,117 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $306,117 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $306,117 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $260,654 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $260,654 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $260,654 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $306,117 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $188,132 | UndistributedIncomePYAmt |
| Qualifying Distributions | $260,654 | QualifyingDistributionsAmt |
| Applied To Year1 | $188,132 | AppliedToYear1Amt |
| Applied To Current Year | $72,522 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $233,595 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Mark A Mosley Huntington Natl Bank | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3421 Ridgewood Rd Ste 100 | AddressLine1Txt |
| City | Akron | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44333 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3302582394 | RecipientPhoneNum |
| Form And Info And Materials | See attached statement | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | See attached statement | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (63 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Yaasmance George | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $750 |
| Decathur Joshua | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $1,500 |
| Barnes Kimberly | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $2,145 |
| McIntosh Samuel | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $3,000 |
| Dover Howard | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $3,500 |
| Lowery Reginald | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $4,500 |
| Garrett Alexander | ||||||
| Baldwin Wallace University | Berea | OH | 44017 | none | Scholarship | $7,000 |
| Banks Danetta | ||||||
| Chamberlain College of Nursing | Cleveland | OH | 44103 | none | Scholarship | $2,000 |
| Langford Tenesha | ||||||
| Chamberlain College of Nursing | Cleveland | OH | 44103 | none | Scholarship | $3,000 |
| McKnight Alveranga Aziza | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $500 |
| Bell Darlene | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $1,000 |
| Holifield Tina | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $2,000 |
| Jackson Rudolph | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $2,000 |
| Jordan Jr Renandas | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $2,000 |
| Hodges Ganard | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $2,500 |
| Addie Kimberly | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $2,000 |
| Bell Dorothy | ||||||
| Cleveland State University | Cleveland | OH | 44115 | none | Scholarship | $2,000 |
| Peacock Tasha | ||||||
| Cuyahoga Community College | Cleveland | OH | 44145 | none | Scholarship | $100 |
| Randelman Tawana | ||||||
| Cuyahoga Community College | Cleveland | OH | 44145 | none | Scholarship | $350 |
| Oresanya Mofininfoluva | ||||||
| Cuyahoga Community College | Cleveland | OH | 44145 | none | Scholarship | $1,750 |
| Willis Dana | ||||||
| Duquesne University | Pittsburgh | PA | 15282 | none | Scholarship | $2,000 |
| Hill IV Louis | ||||||
| Edinboro University | Edinboro | PA | 16444 | none | Scholarship | $3,000 |
| Richardson II Caleb | ||||||
| Edinboro University | Edinboro | PA | 16444 | none | Scholarship | $3,000 |
| Ball Thomas | ||||||
| Grove City College | Grove City | PA | 16127 | none | Scholarship | $45,000 |
| Williams Roxann | ||||||
| Grove City College | Grove City | PA | 16127 | none | Scholarship | $63,000 |
| Mickey Keva | ||||||
| John Carroll | University Heights | OH | 44118 | none | Scholarship | $500 |
| Douglas Xavier | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $750 |
| Bell Darlene | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $1,000 |
| Goodall Branden | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $1,000 |
| Peyten Charity | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $1,000 |
| Britton Kelsi | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $1,500 |
| Jemison Sarah | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $1,800 |
| Bell Dorothy | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $2,000 |
| Bullard Kelsi | ||||||
| Kent State University | Kent | OH | 44240 | none | Scholarship | $2,500 |
| Plains Maurice | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $500 |
| Danzy Auriana | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $668 |
| Oldham Mahogany | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $734 |
| Pollard Romel | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $1,000 |
| McBride Darius | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $1,500 |
| Grier Summer | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $2,000 |
| Haynes Sterling | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $2,500 |
| Miller Joah | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $4,500 |
| Petty Brandon | ||||||
| Malone University | Canton | OH | 44709 | none | Scholarship | $4,500 |
| Bluford Charles | ||||||
| Notre Dame College | South Euclid | OH | 44121 | none | Scholarship | $5,000 |
| Bernard Jordan | ||||||
| Stark State | North Canton | OH | 44720 | none | Scholarship | $750 |
| Bell Steven | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $500 |
| Shorts Hallie | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $750 |
| Weese Shelly | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $1,000 |
| Garrett Alexander | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $1,000 |
| Manley Breanna | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $1,000 |
| Franklin Julius | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $1,500 |
| Harmon Lloyd | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $1,500 |
| Glenn Alexus | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $2,000 |
| Hale Alana | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $2,000 |
| Isaac Ezechiel | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $4,000 |
| Williams Keanna | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $5,500 |
| Henry Johathon | ||||||
| University of Akron | Akron | OH | 44325 | none | Scholarship | $6,500 |
| Windham TaeLor | ||||||
| University of Mount Union | Alliance | OH | 44709 | none | Scholarship | $4,000 |
| Dysart Kaytlin | ||||||
| University of Mount Union | Alliance | OH | 44709 | none | Scholarship | $4,000 |
| Myers Angel | ||||||
| University of Mount Union | Alliance | OH | 44709 | none | Scholarship | $4,000 |
| Burns Isaiah | ||||||
| University of Mount Union | Alliance | OH | 44709 | none | Scholarship | $6,000 |
| Hill Lindsay | ||||||
| Walsh University | North Canton | OH | 44720 | none | Scholarship | $5,500 |
| Jones Maya | ||||||
| Wooster College | Wooster | OH | 44691 | none | Scholarship | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $251,047 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $150,641 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $466,704 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $617,345 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $617,345 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Select Fiduciary | CategoryTxt |
| Amt | $995 | Amt |
| Net Investment Income | $746 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $249 | 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 | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| Publicly Traded Securities | 2013-12 | P | 2014-12 | $1,810,104 | $1,354,815 | $455,289 |
| Publicly Traded Securities | 2014-01 | P | 2014-12 | $357,170 | $349,800 | $7,370 |
| Long Term Capital Gain Dividends | 2013-12 | P | 2014-12 | $4,045 | $4,045 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990-PF, Part XV, Line 2b - Application Format and Required Contents - Students must first be en | FormAndLineReferenceDesc |
| Medium Explanation | Form 990-PF, Part XV, Line 2b - Application Format and Required Contents - Students must first be enrolled in Grove City College or other colleges or universities in Eastern Ohio or Western Pennsylvania. The college, university or institution of higher education, through its ordinary and usual procedures, will determine economic need. The college, university, or institution of higher education will present to the trustees a list of candidates that meet the criteria or students may apply direct and provide the required information from the college, university or institution of higher education. Form 990-PF, Part XV, Line 2 d - Award Restrictions or Limitations - Scholarships are to be awarded to individuals of Native American or African American descent who demonstrate an economic need and a willingness to complete a higher education degree that will lead to a gainful career or vocation. All payments will be made directly to the college, university, or institution of higher education to be applied against tuition and other qualified expenses. Scholarships are awarded annually and can be renewed contingent upon maintaining the status of a full time student in good academic standing until graduation. Failure to meet the ongoing academic requirements will result in the forfeiture of any remaining undistributed portion of the scholarship. The educational institution will monitor the enrollment and academic standing of the recipients. If an insufficient number of candidates are available awards will be made to the general scholarship funds of Grove City College or other colleges located in Eastern Ohio or Western Pennsylvania. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (10 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Toyota Motor Credit Corp | $50,025 | $50,127 |
| Amgen Inc 2.125 5/15/2017 | $100,390 | $101,577 |
| Autozone Inc 1.3 01/13/2017 | $90,105 | $90,149 |
| Capital One Bank USA 2.25 02/13/2019 | $100,042 | $99,427 |
| Gatx Corp 2.5 03/15/2019 | $100,543 | $99,171 |
| Oneok Partners LP 3.2 | $101,485 | $102,228 |
| Teva Pharma Fin IV LLC 2.25 03/18/2020 | $96,793 | $98,233 |
| Emerson Electric Co 2.625 12/01/2021 | $50,212 | $49,892 |
| Merck Co Inc 2.35 2/10/2022 | $49,361 | $48,360 |
| Wells Fargo Co 3 2/19/2025 | $50,483 | $47,887 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (51 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| IShares SP Smallcap 600 Index | $205,896 | $247,548 |
| Apple | $26,149 | $131,696 |
| CVS Caremark | $47,189 | $104,880 |
| Chevron | $45,827 | $64,153 |
| Cisco Systems | $21,394 | $41,190 |
| Exxon Mobil | $25,160 | $58,240 |
| Fedex | $24,266 | $68,160 |
| Honda Motor Co | $33,378 | $32,400 |
| HCP Inc/ Health Care Ppty Invest | $76,993 | $72,940 |
| Johnson Johnson | $71,227 | $93,562 |
| Novartis | $79,493 | $110,633 |
| Nike | $32,065 | $118,822 |
| Oracle | $39,090 | $80,600 |
| Pepsico | $55,118 | $74,672 |
| Praxair | $33,750 | $47,820 |
| Procter Gamble | $67,685 | $82,934 |
| Schlumberger | $67,063 | $81,881 |
| United Technologies | $23,233 | $55,465 |
| US Bancorp | $65,035 | $86,800 |
| Vodafone Group | $70,640 | $46,497 |
| Tennessee Valley Authority | $46,960 | $47,880 |
| Accenture Place | $32,540 | $77,424 |
| Oppenheimer Developing Markets | $238,553 | $234,133 |
| Union Pacific | $36,629 | $57,222 |
| EMC Corp | $54,058 | $52,780 |
| IBM Corp | $48,909 | $48,798 |
| Franklin Templeton Global Bond | $112,081 | $102,159 |
| Walt Disney | $52,186 | $114,140 |
| Berkshire Hathaway Inc CL B | $80,165 | $88,471 |
| Wells Fargo Co | $48,220 | $58,490 |
| Express Scripts Holding Co | $109,239 | $117,846 |
| Gilead Sciences Inc | $50,304 | $93,664 |
| 3M Company | $68,572 | $77,150 |
| Monsanto Co | $61,409 | $56,493 |
| Qwest Corp | $52,560 | $52,200 |
| Gulf Power Co Series 11-A PFD | $52,074 | $50,360 |
| IShares Core SP mid-cap ETF IJH | $452,470 | $498,683 |
| Home Depot | $50,363 | $50,009 |
| Marriott International | $38,435 | $37,195 |
| Starbucks | $75,472 | $85,784 |
| Blackrock Inc | $93,447 | $90,993 |
| Crown Castle Intl | $75,233 | $71,065 |
| Abbott Laboratories | $39,960 | $44,172 |
| General Dynamics | $66,931 | $70,845 |
| Google Inc Cl A | $58,699 | $54,004 |
| Microsoft | $72,539 | $68,433 |
| Visa Inc Class A | $70,136 | $69,836 |
| Prudential Financial | $53,445 | $51,800 |
| Blackrock Strategic Income Oppor | $104,419 | $103,393 |
| American Europacific Growth | $360,000 | $363,901 |
| IShares US Utilities ETF | $104,765 | $99,513 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued Interest Purchased | Desc |
| BOY Book Value | $36 | BOYBookValueAmt |
| EOY Book Value | $288 | EOYBookValueAmt |
| EOYFMV | $288 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| State Filing fee | $200 | $200 |
| Insurance | $1,158 | $1,158 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Huntington National Bank - Investment | CategoryTxt |
| Amt | $42,034 | Amt |
| Net Investment Income | $42,034 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Foreign Tax Paid | $1,674 | $1,674 |
| Tax on investment income | $3,085 | |
| Estimated excise tax payments | $5,800 |
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