GRASSLAND TR: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
GRASSLAND TR (EIN 38-3357237)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-12
IRS object ID
201541329349101519
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)
Return2015-05-12T08:08:41-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472009086PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHRISTOPHER & COMPANY CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1BOX 631 270 SOUTH BENZIE BLVDAddressLine1Txt
CityBEULAHCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49617ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383357237EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRASSLAND TRUSTBusinessNameLine1Txt
Business Name Line2C/O WEST MICHIGAN BANK & TRUSTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGRASBusinessNameControlTxt
Phone2317238867PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 CYPRESS STREETAddressLine1Txt
CityMANISTEECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49660ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOUGLAS COOKPersonNm
Person TitleTRUST OFFICERPersonTitleTxt
Phone2317238867PhoneNum
Signature2015-05-01SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNIFER CHRISTOPHER CPAPreparerPersonNm
PTINP00023450PTIN
Phone2318822313PhoneNum
Preparation2015-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$11,751,461FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$451,168ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$190,624DividendsRevAndExpnssAmt
Dividends Net Invst Incm$190,624DividendsNetInvstIncmAmt
Dividends Adj Net Incm$190,624DividendsAdjNetIncmAmt
Total Rev And Expnss$641,792TotalRevAndExpnssAmt
Total Net Invst Incm$190,624TotalNetInvstIncmAmt
Total Adj Net Incm$190,624TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,850AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$570AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,280AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$36,470OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$7,294OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$29,176OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$5,769TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$19OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$19OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$45,108TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,864TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$31,475TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$416,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$416,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$461,308TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,864TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$447,675TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$180,484ExcessRevenueOverExpensesAmt
Net Investment Income$182,760NetInvestmentIncomeAmt
Adjusted Net Income$190,624AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
US Government Obligations BOY$4,763,535USGovernmentObligationsBOYAmt
US Government Obligations EOY$4,642,850USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$4,574,812USGovtObligationsEOYFMVAmt
Corporate Stock BOY$6,127,014CorporateStockBOYAmt
Corporate Stock EOY$6,428,183CorporateStockEOYAmt
Corporate Stock EOYFMV$7,176,649CorporateStockEOYFMVAmt
Total Assets BOY$10,890,549TotalAssetsBOYAmt
Total Assets EOY$11,071,033TotalAssetsEOYAmt
Total Assets EOYFMV$11,751,461TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$10,890,549RetainedEarningBOYAmt
Retained Earning EOY$11,071,033RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$10,890,549TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$11,071,033TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$10,890,549TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$11,071,033TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,890,549TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$180,484ExcessRevenueOverExpensesAmt
Subtotal$11,071,033SubtotalAmt
Tot Net Ast Or Fund Balances EOY$11,071,033TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$313,659AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$10,431,507NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.030068DistributionYr1Rt
Adjusted Qlfy Distri Yr2$620,193AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$9,623,228NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.064448DistributionYr2Rt
Adjusted Qlfy Distri Yr3$740,160AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$10,123,622NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.073112DistributionYr3Rt
Adjusted Qlfy Distri Yr4$282,279AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$8,887,543NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.031761DistributionYr4Rt
Adjusted Qlfy Distri Yr5$136,446AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$7,303,100NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.018683DistributionYr5Rt
Total Distribution0.218072TotalDistributionRt
Average Distribution0.043614AverageDistributionRt
Net Vl Noncharitable Assets$11,469,910NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$500,249AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,828NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$502,077AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$447,675QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,655InvestmentIncomeExciseTaxAmt
Subtotal$3,655SubtotalAmt
Tax Based On Investment Income$3,655TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,840EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,840TotalPaymentsAndCreditsAmt
Overpayment$185OverpaymentAmt
Applied To ES Tax$185AppliedToESTaxAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WEST MICHIGAN BANK & TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2317238867PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1120 CYPRESS STREETAddressLine1Txt
CityMANISTEECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49660ZIPCd
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
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/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES R FOSTER
120 CYPRESS STREET120 CYPRESS STREETMANISTEEMI49660TRUSTEE1.00$0$0$0
LORREVA S FOSTER
120 CYPRESS STREETMANISTEEMI49660TRUSTEE1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$11,644,415AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$164AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$11,644,579TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$11,644,579AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$174,669CashDeemedCharitableAmt
Net Vl Noncharitable Assets$11,469,910NetVlNoncharitableAssetsAmt
Minimum Investment Return$573,496MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$573,496MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,655TaxBasedOnInvestmentIncomeAmt
Total Tax$3,655TotalTaxAmt
Distributable Before Adj$569,841DistributableBeforeAdjAmt
Distributable Before Ded$569,841DistributableBeforeDedAmt
Distributable As Adjusted$569,841DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$447,675ExpensesAndContributionsAmt
Qualifying Distributions$447,675QualifyingDistributionsAmt
Adjusted Qualifying Distri$447,675AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$569,841DistributableAsAdjustedAmt
Undistributed Income PY$145,633UndistributedIncomePYAmt
Qualifying Distributions$447,675QualifyingDistributionsAmt
Applied To Year1$145,633AppliedToYear1Amt
Applied To Current Year$302,042AppliedToCurrentYearAmt
Undistributed Income CY$267,799UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UPPER SUSQUEHANNA SYNOD
EVANGELICAL LUTHERAN CHURCH IN AMERICAP O BOX 36LEWISBURYPA17837NONERELIGIOUS GOOD WORKS$161,200
VINCE GRANT HALL INC
615 BLUEBIRD LANELIVINGSTONMT59047NONELOCAL GOOD WORKS$5,000
GODS PRECIOUS CHILDREN INC
32 VINEMONT RDREINHOLDSPA17569NONECHILDRENS EDUCATION$45,000
NORTHWOODS DISCOVERY SCHOOL
14732 BASS DRIVEREDDINGCA96003NONECHILDRENS EDUCATION$5,000
INTERAGENCY COUNCIL
1940 MESQUITE AVENUELAKE HAVASUAZ86403NONELOCAL GOOD WORKS$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$416,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$190,624ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$190,624ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$190,624TotalIncomeProducingActyAmt

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
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJAMES R FOSTER TRUSTContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1150 SOUTH HIGHWAY 160AddressLine1Txt
Address Line2P O BOX 305AddressLine2Txt
CityPARHUMPCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89048ZIPCd
FieldValueIRS element (for citing)
Total Contributions$451,168TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property3M CO COMNoncashPropertyDesc
Fair Market Value$301,168FairMarketValueAmt
Received2014-11-13ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
WEISHAAR AND CO CPAS PC$915$183$732
MUTUAL FUND SUBACCOUNTING FEES$1,935$387$1,548

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALCOA$1,601,135$736,872
ARCHER DANIELS MIDLAND$22,355$66,352
BAKER HUGHES$432,465$280,350
BOEING COMPANY$841,708$1,106,780
BP PLC$232,749$209,126
CATERPILLAR INC$652,844$668,169
COCA COLA CORP$419,264$624,856
DEERE & CO$932,652$1,133,743
DOW CHEMICAL$3,639$28,461
EI DUPONT DENEMOURS$638,174$983,402
FIFTH THIRD BANCORP$1,243$238,387
HALLIBURTON$41,061$157,320
KEY CORP NEW$45,654$102,165
NOBLE ENERGY$32,801$189,720
NOVARTIS AG$108,756$185,320
PLUM CREEK TIMBER CO$96,589$97,690
RAYTHEON$23,925$54,085
3M CO COM$301,169$313,851

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$4,642,850USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$4,574,812USGovtObligationsEOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
POSTAGE$19$19

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWEST MICHIGAN BANK & TRUSTCategoryTxt
Amt$36,470Amt
Net Investment Income$7,294NetInvestmentIncomeAmt
Disbursements Charitable Prps$29,176DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonJAMES R FOSTER TRUSTPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 SOUTH HWY 160AddressLine1Txt
CityPARHUMPCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89048ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL INCOME TAXES - ES 2014$3,840
FEDERAL INCOME TAXES - 2013$1,929

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