BETA

EVERT FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
EVERT FOUNDATION (EIN 41-6543299)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-04-29
IRS object ID
201521349349100982
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-04-29T08:38:47-00:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Fredrikson & Byron PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 S 6th St 4000AddressLine1Txt
CityMinneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416543299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Evert FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEVERBusinessNameControlTxt
Phone6124927000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 South Sixth Street Room 4000AddressLine1Txt
CityMinneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLindsay McCabePersonNm
Person TitleTrusteePersonTitleTxt
Signature2015-04-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn L NelsonPreparerPersonNm
Phone6124927000PhoneNum
Preparation2015-04-29PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,840,046FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Dividends Rev And Expnss$188,922DividendsRevAndExpnssAmt
Dividends Net Invst Incm$188,922DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$676,222NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,647,600GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$676,222CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$865,144TotalRevAndExpnssAmt
Total Net Invst Incm$865,144TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$21,306OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$21,306OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$10,000TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$31,306TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$21,306TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$245,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$245,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$276,306TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$21,306TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$245,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$588,838ExcessRevenueOverExpensesAmt
Net Investment Income$843,838NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$587,888SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$579,133SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$579,133SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,342,963CorporateStockBOYAmt
Corporate Stock EOY$2,575,146CorporateStockEOYAmt
Corporate Stock EOYFMV$4,230,326CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,665,177CorporateBondsBOYAmt
Corporate Bonds EOY$2,030,587CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,030,587CorporateBondsEOYFMVAmt
Total Assets BOY$4,596,028TotalAssetsBOYAmt
Total Assets EOY$5,184,866TotalAssetsEOYAmt
Total Assets EOYFMV$6,840,046TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$4,596,028UnrestrictedBOYAmt
Unrestricted EOY$5,184,866UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$4,596,028TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,184,866TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,596,028TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,184,866TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,596,028TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$588,838ExcessRevenueOverExpensesAmt
Subtotal$5,184,866SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,184,866TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly Traded SecuritiesPropertyDesc
Gross Sales Price$2,647,600GrossSalesPriceAmt
Cost Or Other Basis$1,971,378CostOrOtherBasisAmt
Gain Or Loss$676,222GainOrLossAmt
Gains Minus Excess Or Losses$676,222GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$676,222CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$145,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$4,699,939NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000.030851DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,272,877AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$4,340,279NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000.293271DistributionYr2Rt
Adjusted Qlfy Distri Yr3$2,158,622AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$4,915,732NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000.439125DistributionYr3Rt
Adjusted Qlfy Distri Yr4$275,977AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$6,617,722NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000.041703DistributionYr4Rt
Adjusted Qlfy Distri Yr5$276,843AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$5,306,993NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000.052166DistributionYr5Rt
Total Distribution000.857116TotalDistributionRt
Average Distribution000.171423AverageDistributionRt
Net Vl Noncharitable Assets$6,623,444NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,135,411AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$8,438NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,143,849AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$245,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$16,877InvestmentIncomeExciseTaxAmt
Subtotal$16,877SubtotalAmt
Tax Based On Investment Income$16,877TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,241EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,241TotalPaymentsAndCreditsAmt
Original Return Tax Paid$2,241OriginalReturnTaxPaidAmt
Es Penalty$86EsPenaltyAmt
Tax Due$14,722TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksJohn NelsonIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 South Sixth Street Suite 4000AddressLine1Txt
CityMinneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Lindsay E McCabe
5321 Minnehaha BoulevardEdinaMN554241406Trustee000.00$0
Ann L McCabe
5321 Minnehaha BoulevardEdinaMN554241406Trustee000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,097,308AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$627,001AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,724,309TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,724,309AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$100,865CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,623,444NetVlNoncharitableAssetsAmt
Minimum Investment Return$331,172MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$331,172MinimumInvestmentReturnAmt
Tax Based On Investment Income$16,877TaxBasedOnInvestmentIncomeAmt
Total Tax$16,877TotalTaxAmt
Distributable Before Adj$314,295DistributableBeforeAdjAmt
Distributable Before Ded$314,295DistributableBeforeDedAmt
Distributable As Adjusted$314,295DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$245,000ExpensesAndContributionsAmt
Qualifying Distributions$245,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$245,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$314,295DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$1,530,669ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,080,109ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$2,610,778TotalExcessDistributionCyovAmt
Qualifying Distributions$245,000QualifyingDistributionsAmt
Applied To Current Year$245,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$69,295ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$69,295ExcessDistributionCyovAppCYAmt
Total Corpus$2,541,483TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,541,483ExcessDistriCyovToNextYrAmt
Excess From Year3$1,461,374ExcessFromYear3Amt
Excess From Year2$1,080,109ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NAMI Minnesota
800 Transfer Road Suite 31Saint PaulMN55114PCGeneral use of charity$45,000
Salvation Army
1010 Currie AvenueMinneapolisMN55403PCGeneral use of charity$30,000
Saint Mary's University
2500 Park AvenueMinneapolisMN55404PCGeneral use of charity$105,000
Second Harvest Heartland
1140 Gervais AvenueSaint PaulMN55109PCGeneral use of charity$10,000
Children's Theatre Company
2400 3rd Avenue SMinneapolisMN55404PCGeneral use of charity$10,000
Council on Educational Standards and Accountability
3200 Goshen RoadNewtown SquarePA19073PCGeneral use of charity$5,000
Union Gospel Mission
77 East 9th StreetSaint PaulMN55101PCGeneral use of charity$15,000
City of Lakes Rotary Foundation
PO Box 52069MinneapolisMN55402PCGeneral use of charity$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$245,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$188,922ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$676,222ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$865,144ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$865,144TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetPublicly Traded SecuritiesAssetDesc
Gross Sales Price$2,647,600GrossSalesPriceAmt
Basis$1,971,378BasisAmt
Total Net$676,222TotalNetAmt

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondSchwab AccountBondNm
EOY Book Value$2,030,587EOYBookValueAmt
EOYFMV$2,030,587EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSchwab AccountStockNm
EOY Book Value$2,575,146EOYBookValueAmt
EOYFMV$4,230,326EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management FeesCategoryTxt
Amt$21,306Amt
Net Investment Income$21,306NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTax on investment incomeCategoryTxt
Amt$10,000Amt

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