BRASS FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BRASS FAMILY FOUNDATION (EIN 20-8084679)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-15
- IRS object ID
- 201421359349100747
- Schema version
- 2013v3.0
- 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
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-15T09:20:07-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 EAST 10TH ST PO BOX 5125 | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 571175125 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208084679 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BRASS FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRAS | BusinessNameControlTxt |
| Phone | 6056470318 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORIN BRASS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6056470318 | PhoneNum |
| Signature | 2014-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURIE HANSON | PreparerPersonNm |
| PTIN | P00851848 | PTIN |
| Phone | 6053391999 | PhoneNum |
| Preparation | 2014-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,513,174 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $350,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $253 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $253 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $62,606 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $54,363 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,550 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $482,864 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,550 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $431,409 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $73,166 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,378 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,378 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,101 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $468 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $19,713 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,713 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $23,192 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,181 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,378 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $111,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $111,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $134,692 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,181 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $112,878 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $296,717 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $52,985 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $395,607 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $504,771 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $504,771 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Bonds BOY | $178,085 | CorporateBondsBOYAmt |
| Other Investments BOY | $1,524,168 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,881,160 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,008,403 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,097,860 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,385,931 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,513,174 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,097,860 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,385,931 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,097,860 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,385,931 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,097,860 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,385,931 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,097,860 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $296,717 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,394,577 | SubtotalAmt |
| Other Decreases | $8,646 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,385,931 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED SECURITIES | P | $466,557 | $464,314 | $2,243 | $2,243 |
| CAPITAL GAINS DIVIDENDS | P | $16,307 | $16,307 | $16,307 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,550 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $105,878 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,057,255 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.051466 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $104,921 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,960,913 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.053506 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $110,302 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,857,672 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.059376 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $86,686 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,626,420 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053299 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $76,625 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,640,990 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046694 | DistributionYr5Rt |
| Total Distribution | 0.264341 | TotalDistributionRt |
| Average Distribution | 0.052868 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,189,555 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $115,757 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $530 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $116,287 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $112,878 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,060 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,060 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,060 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $880 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $880 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $3 | EsPenaltyAmt |
| Tax Due | $183 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | SD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LORIN L BRASS | IndividualWithBooksNm |
| Phone | 6056470318 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| LORIN L BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| BRIAN D SHEPHARD | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | VICE PRESIDENT | 4.00 | $0 | $0 | $0 |
| MARY H BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | TREASURER | 4.00 | $0 | $0 | $0 |
| MARY G BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | SECRETARY | 1.00 | $0 | $0 | $0 |
| JENNIFER L BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | OFFICER | 1.00 | $0 | $0 | $0 |
| KATHERINE M SHEPHARD | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | OFFICER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,975,903 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $246,995 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,222,898 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,222,898 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,343 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,189,555 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $109,478 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $109,478 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,060 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,060 | TotalTaxAmt |
| Distributable Before Adj | $108,418 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $108,418 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $108,418 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $112,878 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $112,878 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $112,878 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $108,418 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $2,711 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,715 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,426 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $112,878 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $108,418 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,460 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $11,886 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,886 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $2,711 | ExcessFromYear2Amt |
| Excess From Year1 | $4,715 | ExcessFromYear1Amt |
| Excess From Current Year | $4,460 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LORIN L BRASS | ContributingManagerNm |
| Contributing Manager | MARY H BRASS | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LORIN L BRASS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6056470318 | RecipientPhoneNum |
| Form And Info And Materials | CONTACT LORIN BRASS AT 605-647-0318 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FIRST TEE OF SOUTH DAKOTA | |||||||
| 2604 WEST RUSSELL STREET | SIOUX FALLS | SD | 57104 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $5,000 |
| FIRST TEE OF ST PAUL | |||||||
| 1403 MONTREAL AVE | ST PAUL | SD | 55116 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $3,500 |
| FRANCISCAN SISTERS OF LITTLE FALLS | |||||||
| 116 8TH AVENUE SE | LITTLE FALLS | MN | 56345 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $6,000 |
| NEWMAN CENTER | |||||||
| 520 CATHEDRAL DRIVE | RAPID CITY | SD | 57701 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $25,000 |
| SDSM&T FOUNDATION | |||||||
| 501 EAST SAINT JOSEPH STREET | RAPID CITY | SD | 577013995 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $65,000 |
| SOUTH DAKOTA HUMANITIES COUNCIL | |||||||
| 1215 TRAIL RIDGE RD | BROOKINGS | SD | 57006 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $5,000 |
| ABBOTT HOUSE | |||||||
| 909 COURT MERRILL | MITCHELL | SD | 57301 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $111,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $253 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $62,606 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,550 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $81,409 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $81,409 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | LORIN L AND MARY H BRASS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $350,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,378 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,378 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESCO BALANCED-RISK | AT COST | $112,235 | $109,543 |
| ALLIANCE BERNSTEIN HIGH INCOME MUNI | AT COST | $196,055 | $170,725 |
| CAPITAL INCOME BUILDER FUND CLASS | AT COST | $120,356 | $141,595 |
| HUSSMAN STRATEGIC GROWTH FUND | AT COST | $88,440 | $66,689 |
| IVA WORLWIDE FUND CLASS A | AT COST | $199,535 | $223,769 |
| JP MORGAN STRATEGIC INCOME OPORTUNITY | AT COST | $104,659 | $104,924 |
| MSIF GLOBAL FRANCHISE PORTFOLIO | AT COST | $155,177 | $191,835 |
| NEUBERGER BERMAN ABSOLUTE RETURN | AT COST | $106,103 | $108,467 |
| PIMCO ALL ASSET ALL AUTHORITY FUND | AT COST | $112,355 | $101,793 |
| PIMCO INVESTMENT GRADE CORPORATE | AT COST | $94,960 | $91,476 |
| RIVERNORTH DOUBLE LINE STRATEGIC INCOME FUND CLASS I | AT COST | $180,470 | $181,612 |
| SALIENT MLP & ENERGY | AT COST | $85,314 | $92,489 |
| OPPENHEIMER STEELPATH MLP ALPHA | AT COST | $67,593 | $84,338 |
| VANGUARD TAX-MAGAGED | AT COST | $85,804 | $86,358 |
| SPDR SER TR S&P DIVID ETF | AT COST | $172,104 | $252,790 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RETURN OF CAPITAL | Description |
| Amount | $8,646 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT ADVISORY FEES | Desc |
| Revenue And Expenses Per Books | $19,713 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $19,713 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX | $753 | $0 | $0 |
| FOREIGN TAX | $468 | $468 | $0 |
| FEDERAL ESTIMATED TAX | $880 | $0 | $0 |
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