THE DEPOT FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE DEPOT FOUNDATION (EIN 41-1356072)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-11-19
- IRS object ID
- 201503239349100405
- 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
- Schedule B
- Accounting Fees Schedule
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Decreases Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Income Schedule2
- Other Increases Schedule
- Other Increases Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-19T14:55:37-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSON KUITI AND ASUMA PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 N 3RD AVE W STE 201 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 558021614 | 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 | 411356072 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DEPOT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THED | BusinessNameControlTxt |
| Phone | 2182799913 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 W SUPERIOR ST SUITE 302 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAT CUTSHALL | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Signature | 2015-11-19 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRAD L SCHMUGGE | PreparerPersonNm |
| PTIN | P01038199 | PTIN |
| Phone | 2187275066 | PhoneNum |
| Preparation | 2015-10-13 | PreparationDt |
| 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 | $6,572,806 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $147,450 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $130,662 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $130,662 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $175,361 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $654,588 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $175,361 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $8,941 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $462,414 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $306,023 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $24,423 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $8,548 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $595 | PensionEmplBnftRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $12,075 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $29,369 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $29,369 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,912 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $669 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $400 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $3,720 | OccupancyRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $4,025 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $20,481 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $2,269 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $97,000 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,369 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $11,486 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $316,148 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $275,019 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $413,148 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,369 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $286,505 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $49,266 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $276,654 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,464 | CashBOYAmt |
| Cash EOY | $734 | CashEOYAmt |
| Cash EOYFMV | $734 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $42,070 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $74,834 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $74,834 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $41,505 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $58,196 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $41,505 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $41,505 | PledgesRcvblEOYFMVAmt |
| Inventories BOY | $2,293 | InventoriesBOYAmt |
| Inventories EOY | $2,293 | InventoriesEOYAmt |
| Inventories EOYFMV | $2,293 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $1,036 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,403 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,403 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $246,436 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $73,826 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $73,826 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $695,747 | CorporateStockBOYAmt |
| Corporate Stock EOY | $782,318 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $782,318 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $152,833 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $201,113 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $201,113 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,565,939 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,380,334 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,380,334 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $56,285 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $45,803 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $10,882 | LandBOYAmt |
| Land EOY | $10,482 | LandEOYAmt |
| Land EOYFMV | $10,482 | LandEOYFMVAmt |
| Other Assets BOY | $5,019 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,964 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,964 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,782,915 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,572,806 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,572,806 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,601 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $260 | AccountsPayableEOYAmt |
| Grants Payable EOY | $41,129 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $317,456 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $312,009 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $321,057 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $353,398 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $6,305,807 | UnrestrictedBOYAmt |
| Unrestricted EOY | $6,066,971 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $3,339 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $4,796 | TemporarilyRestrictedEOYAmt |
| Permanently Restricted BOY | $152,712 | PermanentlyRestrictedBOYAmt |
| Permanently Restricted EOY | $147,641 | PermanentlyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,461,858 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,219,408 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,782,915 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,572,806 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,461,858 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $49,266 | ExcessRevenueOverExpensesAmt |
| Other Increases | -$291,843 | OtherIncreasesAmt |
| Subtotal | $6,219,281 | SubtotalAmt |
| Other Decreases | -$127 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,219,408 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SEE ATTACHED FORM 1041 SCH D | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $654,588 | GrossSalesPriceAmt |
| Cost Or Other Basis | $479,227 | CostOrOtherBasisAmt |
| Gain Or Loss | $175,361 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $175,361 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $175,361 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $175,361 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Adjusted Qlfy Distri Yr1 | $244,155 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,254,720 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.039035 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $205,115 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,402,240 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.037969 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $163,241 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $4,581,835 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.035628 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $148,869 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,881,805 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.030495 | DistributionYr4Rt |
| Total Distribution | 0.143127 | TotalDistributionRt |
| Average Distribution | 0.035782 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,526,298 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $233,524 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,767 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $236,291 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $286,505 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,767 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,767 | SubtotalAmt |
| Tax Based On Investment Income | $2,767 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,100 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,100 | TotalPaymentsAndCreditsAmt |
| Overpayment | $333 | OverpaymentAmt |
| Applied To ES Tax | $333 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.depotfoundation.org | WebsiteAddressTxt |
| Individual With Books | MARLA THIBODEAU | IndividualWithBooksNm |
| Phone | 2182799913 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 W SUPERIOR SUITE 302 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| LAURA BUDD | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| PAT CUTSHALL | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| RICHARD FISCHER | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| DEXTER LARSEN | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| RENEE MATTSON | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| JEAN PERRAULT | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| YVONNE VAINIO | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| PETE WEIDMAN | ||||||
| 130 W SUPERIOR ST STE 302 | DULUTH | MN | 55802 | DIRECTOR | 1 | $0 |
| JEAN OLSON | ||||||
| 130 W SUPERIOR ST 302 | DULUTH | MN | 55802 | CHAIR | 1 | $0 |
| ROB HOFMANN | ||||||
| 130 W SUPERIOR ST 302 | DULUTH | MN | 55802 | VICE CHAIR | 1 | $0 |
| TOM WHITTAKER | ||||||
| 130 W SUPERIOR ST 302 | DULUTH | MN | 55802 | SECRETARY | 1 | $0 |
| MELINDA MACHONES | ||||||
| 130 W SUPERIOR ST 302 | DULUTH | MN | 55802 | TREASURER | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GRANTS TO SUPPORT THE IDENTITY OF THE DEPOT AS A VITAL AND | Description1Txt |
| Expenses1 | $277,168 | Expenses1Amt |
| Description2 | DEPOT FOUNDATION ARTS & CULTURE AWARDS RECOGNIZE MEMBERS OF | Description2Txt |
| Expenses2 | $860 | Expenses2Amt |
| Description3 | DEPOT FOUNDATION FACILITIES COMMITTEE INITIATE AND FUND | Description3Txt |
| Expenses3 | $30,623 | Expenses3Amt |
| Description4 | DEPOT FOUNDATION IS PAYING FOR THE PAYROLL AND RELATED | Description4Txt |
| Expenses4 | $18,983 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,621,558 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,125 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,625,683 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $322,879 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $6,625,683 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $99,385 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,526,298 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $326,315 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $326,315 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,767 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,767 | TotalTaxAmt |
| Distributable Before Adj | $323,548 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $323,548 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $323,548 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $286,505 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $286,505 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,767 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $283,738 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $323,548 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $282,122 | UndistributedIncomePYAmt |
| Qualifying Distributions | $286,505 | QualifyingDistributionsAmt |
| Applied To Year1 | $282,122 | AppliedToYear1Amt |
| Applied To Current Year | $4,383 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $319,165 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| MATINEE MUSICALE | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $75 |
| HISTORIC UNION DEPOT | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | SECURITY SYSTEM | $18,764 |
| MINNESOTA BALLET | ||||||
| 301 W 1ST ST STE 800 | DULUTH | MN | 55802 | PC | DRESSING ROOMS | $18,726 |
| HISTORIC UNION DEPOT | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | BLDG RENOVATION | $30,623 |
| ONEIDA REALTY COMPANY | ||||||
| 1605 LONDSDALE BLDG | DULUTH | MN | 55802 | NC | DEPOT PROG DIR | $18,983 |
| DULUTH ART INSTITUTE | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $69,305 |
| DULUTH PLAYHOUSE | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $104,538 |
| DULUTH CHILDRENS MUSEUM | ||||||
| 115 S 29TH AVE W | DULUTH | MN | 55806 | PC | PROGRAMMATIC | $763 |
| DUL-SUP SYMPHONY ASSOC | ||||||
| 130 W SUPERIOR ST LL2 | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $37,386 |
| SLC HISTORICAL SOCIETY | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $4,293 |
| ARROWHEAD CHORALE | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $6,027 |
| MINNESOTA BALLET | ||||||
| 301 W 1ST ST STE 800 | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $3,607 |
| LK SUPERIOR RR MUSEUM | ||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | PC | PROGRAMMATIC | $3,058 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $316,148 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $130,662 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $175,361 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| INV MGMT FEES | 03 | $1,531 |
| CIRCLE OF FRIENDS | 03 | $7,410 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $314,964 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $314,964 | TotalIncomeProducingActyAmt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| MURIEL WHITESIDE CHARITABLE TRUST | |||||||
| 1 | 130 W SUPERIOR ST | DULUTH | MN | 558021918 | $108,769 | Yes (X) | |
| DR BERNHARD BOECKER | |||||||
| 2 | 4955 PEPPERWOOD PLACE | VENICE | FL | 34293 | $10,545 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 100sh NEXTERA ENERGY INC | NoncashPropertyDesc |
| Fair Market Value | $10,545 | FairMarketValueAmt |
| Received | 2014-12-19 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ANNUAL AUDIT & TAX PREPARATION | CategoryTxt |
| Amt | $7,300 | Amt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BOOKKEEPING | CategoryTxt |
| Amt | $4,775 | Amt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | PUBLICALLY TRADED SECURITIES - SEE F1041 SCH D | AssetDesc |
| Gross Sales Price | $654,588 | GrossSalesPriceAmt |
| Basis | $479,227 | BasisAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF NY MELLON 2.100 01/15/2019 | $50,147 | $50,147 |
| CATERPILLAR INC 1.500 06/26/2017 | $50,488 | $50,488 |
| EMC CORP 1.875 06/01/2018 | $50,097 | $50,097 |
| PROCTOR & GAMBLE CO 1.450 08/15/2016 | $50,381 | $50,381 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (50 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON.COM INC | $17,364 | $17,364 |
| CHIPOTLE MEXICAN GRILL INC | $9,680 | $9,680 |
| HOME DEPOT INC | $24,337 | $24,337 |
| MCGRAW-HILL FINANCIAL INC | $12,958 | $12,958 |
| POLARIS INDS INC | $14,218 | $14,218 |
| STARBUCKS CORP | $18,015 | $18,015 |
| THE PRICELINE GROUP INC | $19,573 | $19,573 |
| TRACTOR SUPPLY CO | $27,611 | $27,611 |
| TWENTY FIRST CENTURY FOX INC | $12,400 | $12,400 |
| COCA COLA INC | $8,434 | $8,434 |
| CONSTELLATION BRANDS INC | $13,574 | $13,574 |
| ESTEE LAUDER COMPANIES INC | $10,919 | $10,919 |
| KEURIG GREEN MOUNTAIN INC | $6,973 | $6,973 |
| MONDELEZ INTERNATIONAL INC | $9,092 | $9,092 |
| MONSTER BEVERAGE CORP | $26,402 | $26,402 |
| WHITEWAVE FOODS CO | $15,299 | $15,299 |
| CONCHO RESOURCES INC | $8,653 | $8,653 |
| FMC TECHNOLOGIES INC | $7,510 | $7,510 |
| INTERCONTINENTAL EXCHANGE INC | $13,193 | $13,193 |
| ALEXION PHARMACEUTICALS INC | $14,462 | $14,462 |
| BOSTON SCIENTIFIC CORP | $11,788 | $11,788 |
| CARDINAL HEALTH INC | $12,046 | $12,046 |
| CELGENE CORP | $23,378 | $23,378 |
| CERNER CORP | $14,572 | $14,572 |
| GILEAD SCIENCES INC | $14,284 | $14,284 |
| TEAM HEALTH HOLDINGS INC | $17,574 | $17,574 |
| DANAHER CORP | $11,383 | $11,383 |
| FASTENAL CO | $13,793 | $13,793 |
| FORTUNE BRANDS HOME & SECURITY | $14,571 | $14,571 |
| PRECISION CASTPARTS CORP | $10,593 | $10,593 |
| STERICYCLE INC | $15,132 | $15,132 |
| UNION PACIFIC CORP | $15,641 | $15,641 |
| APPLE INC | $58,072 | $58,072 |
| FACEBOOK INC | $31,390 | $31,390 |
| GOOGLE INC CL A | $15,661 | $15,661 |
| GOOGLE INC CL C | $15,095 | $15,095 |
| INTUIT.COM | $8,666 | $8,666 |
| MICROSOFT CORP | $12,980 | $12,980 |
| QUALCOMM INC | $8,330 | $8,330 |
| SALESFORCE.COM INC | $17,268 | $17,268 |
| VISA INC | $22,562 | $22,562 |
| ECOLAB INC | $13,908 | $13,908 |
| MONSANTO CO | $14,923 | $14,923 |
| PPG INDUSTRIES INC | $16,520 | $16,520 |
| ACCENTURE PLC | $10,839 | $10,839 |
| ALLERGAN PLC | $11,835 | $11,835 |
| JAZZ PHARMACEUTICALS PLC | $14,614 | $14,614 |
| NORWEGIAN CRUISE LINE HOLDINGS LTD | $12,217 | $12,217 |
| NXP SEMICONDUCTORS NV | $15,123 | $15,123 |
| SCHLUMBERGER LTD | $16,893 | $16,893 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $73,826 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $73,826 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ISHARES CORE TOTAL US AGG BOND EFT | FMV | $35,354 | $35,354 |
| PRINCIPAL PFD SECURITIES FD | FMV | $42,795 | $42,795 |
| RIDGEWORTH SEIX HI YIELD BD FD | FMV | $277,339 | $277,339 |
| DREYFUS EMERGING MKTS DEBT LOC CUR | FMV | $40,668 | $40,668 |
| PIMCO FOREIGN BOND FD | FMV | $89,734 | $89,734 |
| TEMPLETON GLOBAL BOND FD | FMV | $202,412 | $202,412 |
| HARBOR CAPITAL APPRECIATION FD | FMV | $132,984 | $132,984 |
| ISHARES RUSSELL MIDCAP GROWTH | FMV | $229,050 | $229,050 |
| ISHARES RUSSELL 1000 VALUE ETF | FMV | $683,162 | $683,162 |
| ISHARES RUSSELL 2000 EFT | FMV | $79,910 | $79,910 |
| JP MORGAN MID CAP VALUE FUND | FMV | $288,182 | $288,182 |
| ROYCE PENNSYLVANIA MUTUAL FD | FMV | $319,238 | $319,238 |
| SPDR S&P 500 ETF TRUST | FMV | $41,170 | $41,170 |
| AMERICAN EUROPACIFIC GROWTH FD | FMV | $256,809 | $256,809 |
| ARTISAN INTERNATIONAL FUND | FMV | $152,877 | $152,877 |
| DODGE & COX INTERNATIONAL STOCK FD | FMV | $430,979 | $430,979 |
| HSBC FRONTIER MARKETS FD | FMV | $40,061 | $40,061 |
| ISHARES MSCI EMERGING MARKETS | FMV | $378,371 | $378,371 |
| OPPENHEIMER DEVELOPING MARKETS FD | FMV | $335,783 | $335,783 |
| AQR MANAGED FUTURES STRATEGY FD | FMV | $109,506 | $109,506 |
| ASG GLOBAL ALTERNATIVES FUND CL Y | FMV | $217,123 | $217,123 |
| BOSTON PTNRS LONG/SHORT RESEARCH F | FMV | $105,971 | $105,971 |
| DRIEHAUS ACTIVE INCOME FD | FMV | $146,881 | $146,881 |
| THE MERGER FUND | FMV | $142,811 | $142,811 |
| PIMCO COMMODITY REAL RETURN STRAT | FMV | $63,403 | $63,403 |
| PWRSHS DB COMMODITY INDEX | FMV | $165,600 | $165,600 |
| SPDR DJ WILSHIRE INTL REAL ESTATE | FMV | $154,882 | $154,882 |
| SPDR DOW JONES REIT ETF | FMV | $217,279 | $217,279 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| COMPUTERS/EQUIPMENT | $43,260 | $42,839 | $421 | $421 |
| LEASEHOLD IMPROVEMENTS | $13,025 | $2,964 | $10,061 | $10,061 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DONATED SERVICES & USE OF FACILITIES | Desc |
| Amt | $26,475 | Amt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FYE 06/30/2015 FEDERAL EXCISE TAX | Desc |
| Amt | $2,767 | Amt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT MANAGEMENT FEES NETTED ON BOOKS | Desc |
| Amt | -$29,369 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK CHARGES | Desc |
| Revenue And Expenses Per Books | $841 | RevenueAndExpensesPerBooksAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEVELOPMENT | Desc |
| Revenue And Expenses Per Books | $12,833 | RevenueAndExpensesPerBooksAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ARTS & CULTURE AWARDS | Desc |
| Revenue And Expenses Per Books | $860 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $860 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUES & SUBSCRIPTIONS | Desc |
| Revenue And Expenses Per Books | $300 | RevenueAndExpensesPerBooksAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INSURANCE | Desc |
| Revenue And Expenses Per Books | $2,278 | RevenueAndExpensesPerBooksAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OFFICE EXPENSE/SUPPLIES | Desc |
| Revenue And Expenses Per Books | $339 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $119 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | POSTAGE | Desc |
| Revenue And Expenses Per Books | $1,457 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $88 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TELECOMMUNICATIONS | Desc |
| Revenue And Expenses Per Books | $1,108 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $886 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WEBSITE | Desc |
| Revenue And Expenses Per Books | $395 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $316 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $70 | RevenueAndExpensesPerBooksAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT MANAGEMENT FEE INCOME | Desc |
| Revenue And Expenses Per Books | $1,531 | RevenueAndExpensesPerBooksAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CIRCLE OF FRIENDS | Desc |
| Revenue And Expenses Per Books | $7,410 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DONATED SERVICES & USE OF FACILITIES | Desc |
| Amt | $26,475 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | -$288,949 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT MANAGEMENT FEES OFFSET ON BOOKS | Desc |
| Amt | -$29,369 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $29,369 | Amt |
| Net Investment Income | $29,369 | NetInvestmentIncomeAmt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE DEPOT FOUNDATION INVESTS MANAGED FUNDS HELD ON BEHALF OF OTHER 501C3 CHARITABLE ORGANIZATIONS IN AN UNSEGREGATED INVESTMENT ACCOUNT. AVERAGE MONTHLY FAIR VALUE OF SECURITIES HELD OF $6,621,558 HAS BEEN REDUCED BY AVERAGE MONTHLY BALANCE OF CUSTO | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $1,912 | Amt |
| Disbursements Charitable Prps | $669 | DisbursementsCharitablePrpsAmt |
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