FOX FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
FOX FAMILY FOUNDATION (EIN 41-1954162)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-09
IRS object ID
201542219349100304
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)
Return2015-08-09T10:19:57-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RICHARD M PASSOLT CPA LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15700 SMETANA DR STE 125AddressLine1Txt
CityMINNETONKACityNm
State AbbreviationMNStateAbbreviationCd
ZIP553439672ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411954162EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BILL AND KATHERINE FOX FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBILLBusinessNameControlTxt
Phone7635440321PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15735 LINDSAY STREETAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55422ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBILL C FOXPersonNm
Person TitlePresidentPersonTitleTxt
Signature2015-08-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRichard M Passolt CPAPreparerPersonNm
PTINP00813651PTIN
Phone9522249840PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$189,438FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$200,025ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$71InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$71InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$200,096TotalRevAndExpnssAmt
Total Net Invst Incm$71TotalNetInvstIncmAmt
Taxes Rev And Expnss$1TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$25OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$26TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$26TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$225,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$225,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$225,026TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$26TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$225,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$24,930ExcessRevenueOverExpensesAmt
Net Investment Income$45NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$214,368SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$189,438SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$189,438SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$214,368TotalAssetsBOYAmt
Total Assets EOY$189,438TotalAssetsEOYAmt
Total Assets EOYFMV$189,438TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$214,368CapitalStockBOYAmt
Capital Stock EOY$189,438CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$214,368TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$189,438TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$214,368TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$189,438TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$214,368TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$24,930ExcessRevenueOverExpensesAmt
Subtotal$189,438SubtotalAmt
Tot Net Ast Or Fund Balances EOY$189,438TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$201,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$142,480NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.41072DistributionYr1Rt
Adjusted Qlfy Distri Yr2$234,200AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$52,334NetVlNoncharitableAssetsYr2Amt
Distribution Yr24.47510DistributionYr2Rt
Adjusted Qlfy Distri Yr3$236,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$54,564NetVlNoncharitableAssetsYr3Amt
Distribution Yr34.32520DistributionYr3Rt
Adjusted Qlfy Distri Yr4$55,500AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$55,766NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.99523DistributionYr4Rt
Adjusted Qlfy Distri Yr5$60,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$45,868NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.30810DistributionYr5Rt
Total Distribution12.51435TotalDistributionRt
Average Distribution2.50287AverageDistributionRt
Net Vl Noncharitable Assets$126,929NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$317,687AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$317,687AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$225,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Tax Due$1TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JAY C JOHNSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7635440321PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15735 LINDSAY STREETAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55422ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BILL C FOX
5735 LINDSAY STREETMINNEAPOLISMN55422President0.00$0
DAVID K FOX
PO BOX 1325BOCA GRANDEFL33921Director0.00$0
MARGENE B FOX
PO BOX 1325BOCA GRANDEFL33921Director0.00$0
GERALD C FOX
5735 LINDSAY STREETMINNEAPOLISMN55422Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$128,862AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$128,862TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$128,862AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,933CashDeemedCharitableAmt
Net Vl Noncharitable Assets$126,929NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,346MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,346MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$6,345DistributableBeforeAdjAmt
Distributable Before Ded$6,345DistributableBeforeDedAmt
Distributable As Adjusted$6,345DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$225,000ExpensesAndContributionsAmt
Qualifying Distributions$225,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$225,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,345DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$57,707ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$52,712ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$233,272ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$231,583ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$193,877ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$769,151TotalExcessDistributionCyovAmt
Qualifying Distributions$225,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,345AppliedToCurrentYearAmt
Remaining Distri From Corpus$218,655RemainingDistriFromCorpusAmt
Total Corpus$987,806TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$57,707ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$930,099ExcessDistriCyovToNextYrAmt
Excess From Year4$52,712ExcessFromYear4Amt
Excess From Year3$233,272ExcessFromYear3Amt
Excess From Year2$231,583ExcessFromYear2Amt
Excess From Year1$193,877ExcessFromYear1Amt
Excess From Current Year$218,655ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBILL C FOXContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DIOCESE OF DES MOINES
601 GRAND AVEDES MOINESIA50309NONEPCRELIGIOUS$5,000
UNIVERSITY OF ST THOMAS
2115 SUMMIT AVEST PAULMN55105NONEPCEDUCATION$2,000
IOWA STATE UNIVERSITY FOUNDATION
2505 UNIVERSITY BLVDAMESIA50010NONEPCEDUCATION$25,000
FOREST CITY EDUCATION FOUNDATION
145 SOUTH CLARK STFOREST CITYIA50436NONEPCEDUCATION$102,000
SALVATION ARMY
3180 ESTEY AVENAPLESFL34101NONEPCSOCIAL$5,000
COURAGE KENNY FOUNDATION
3915 GOLDEN VALLEY ROADMINNEAPOLISMN55422NONEPCHEALTH$10,000
U OF M FOUNDATION - CANCER CENTER
200 OAK STREETMINNEAPOLISMN55455NONEPCHEALTH$10,000
FIRST CONGREGATIONAL CHURCH
316 NORTH 6TH STREETFOREST CITYIA50436NONEPCRELIGIOUS$3,000
MINNESOTA INTERNATIONAL CENTER
1901 UNIVERSITY AVE SEMINNEAPOLISMN55414NONEPCSOCIAL$2,000
WAYZATA COMMUNITY CHURCH
125 WAYZATA BLVD EASTWAYZATAMN55391NONEPCRELIGIOUS$2,000
KATHRYN MANGAN
120 MEADOWLARK ROAD SEST MICHAELMN55376NONEIEMPLOYER-RELATED MATCHING SCHOLARSHIP PROGRAM$1,250
ELIZABETH STAUBLE
11006 TERRITORIAL DRIVEBURNSVILLEMN55337NONEIEMPLOYER-RELATED MATCHING SCHOLARSHIP PROGRAM$1,250
PREBYTERIAN HOMES FOUNDATION
2845 HAMLINE AVE NOROSEVILLEMN55113NONEPCSOCIAL$25,000
FRASER
2400 WEST 64TH STMINNEAPOLISMN55423NONEPCHEALTH$5,000
NCH HEALTHCARE FOUNDATION
350 - 7TH ST NONAPLESFL34106NONEPCHEALTH$7,000
JEFFREY ENYART
11007 SUMTER AVE NOCHAMPLINMN55316NONEIEMPLOYER-RELATED MATCHING SCHOLARSHIP PROGRAM$1,250
MAYO CLINIC
200 FIRST STREET SWROCHESTERMN55905NONEPCHEALTH$2,000
CROSSROADS COMMUNITY CHURCH
1055 PINE RIDGE ROADNAPLESFL34108NONEPCRELIGIOUS$3,000
HANNA LEVERICH
1504 - 185TH STLESTER PRAIRIEMN55354NONEIEMPLOYER-RELATED MATCHING SCHOLARSHIP PROGRAM$1,250
FRANK EVANS
7420 LACKMANSHAWNEEKS66217NONEIEMPLOYER-RELATED MATCHING SCHOLARSHIP PROGRAM$1,250
CASSANDRA HOLCOMB
12308 WEST 53RD TERRACESHAWNEEKS66216NONEIEMPLOYER-RELATED MATCHING SCHOLARSHIP PROGRAM$750
U OF M FOUNDATION - KIDNEY CENTER
200 OAK STRETMINNEAPOLISMN55455NONEPCHEALTH$5,000
MINNEAPOLIS HEART INSTITUTE FOUNDAT
920 EAST 28TH STMINNEAPOLISMN55407NONEPCHEALTH$1,000
GOODWILL EASTER SEALS
553 FAIRVIEW AVE NOST PAULMN55104NONEPCSOCIAL$2,000
PLYMOUTH CONGREGATIONAL CHURCH
1900 NICOLLET AVEMINNEAPOLISMN55403NONEPCRELIGIOUS$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$225,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$71RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$71RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$71TotalIncomeProducingActyAmt

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 PersonBILL C FOXContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line15735 LINDSAY STREETAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55422ZIPCd
FieldValueIRS element (for citing)
Total Contributions$200,025TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSTATE OF MN ATTY . GEN. FILING FEEDesc
Revenue And Expenses Per Books$25RevenueAndExpensesPerBooksAmt
Net Investment Income$25NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINTERNAL REVENUE SERVICE - 2013CategoryTxt
Amt$1Amt
Net Investment Income$1NetInvestmentIncomeAmt

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