FRAZIER FUND INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FRAZIER FUND INC (EIN 38-2287345)
Tax period
2024-10-01 to 2025-09-30
Filed
2025-12-23
IRS object ID
202513579349100906
Schema version
2024v5.0
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)
Return2025-12-23T12:39:06-05:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN383133790PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANDREWS HOOPER PAVLIK PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 W BLUFF STAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP498554313ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN382287345EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRAZIER FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRAZBusinessNameControlTxt
Phone9062264045PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1RANGE BANK 100 N FRONT STREETAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49855ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT J TOUTANTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9062264045PhoneNum
Signature2025-12-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKARA A KATONAPreparerPersonNm
PTINP00726523PTIN
Phone9062283600PhoneNum
Preparation2025-12-23PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,589,389FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3,620InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,620InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$50,844DividendsRevAndExpnssAmt
Dividends Net Invst Incm$50,844DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$326,034NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$986,003GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$326,034CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$380,498TotalRevAndExpnssAmt
Total Net Invst Incm$380,498TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,625AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,625AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$15,536OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$15,536OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$3,125TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$20,286TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$17,161TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$129,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$129,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$149,786TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$17,161TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$129,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$230,712ExcessRevenueOverExpensesAmt
Net Investment Income$363,337NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$179,252SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$77,105SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$77,105SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$697,917CorporateStockBOYAmt
Corporate Stock EOY$715,628CorporateStockEOYAmt
Corporate Stock EOYFMV$1,698,178CorporateStockEOYFMVAmt
Corporate Bonds BOY$499,692CorporateBondsBOYAmt
Corporate Bonds EOY$814,840CorporateBondsEOYAmt
Corporate Bonds EOYFMV$814,106CorporateBondsEOYFMVAmt
Total Assets BOY$1,376,861TotalAssetsBOYAmt
Total Assets EOY$1,607,573TotalAssetsEOYAmt
Total Assets EOYFMV$2,589,389TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,376,861RetainedEarningBOYAmt
Retained Earning EOY$1,607,573RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,376,861TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,607,573TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,376,861TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,607,573TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,376,861TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$230,712ExcessRevenueOverExpensesAmt
Subtotal$1,607,573SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,607,573TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$986,003GrossSalesPriceAmt
Cost Or Other Basis$659,969CostOrOtherBasisAmt
Gain Or Loss$326,034GainOrLossAmt
Gains Minus Excess Or Losses$326,034GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$326,034CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,050InvestmentIncomeExciseTaxAmt
Subtotal$5,050SubtotalAmt
Tax Based On Investment Income$5,050TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,070EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,070TotalPaymentsAndCreditsAmt
Tax Due$2,980TaxDueAmt

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 StateMIOrgReportOrRegisterStateCd
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 Line1RANGE BANKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9062264045PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1100 N FRONT STREETAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49855ZIPCd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
PETER W FRAZIER
460 E RIDGEMARQUETTEMI49855PRESIDENT000.00$0$0$0
JULIA Q FRAZIER
5048 US 41 SOUTHMARQUETTEMI49855V. PRESIDENT000.00$0$0$0
WILLIAM I MCDONALD
115 S LAKESHORE BLVDMARQUETTEMI49855SECRETARY000.00$0$0$0
ROBERT J TOUTANT
1515 NORWAY AVENUEMARQUETTEMI49855TREASURER000.00$0$0$0
LINCOLN B FRAZIER JR
9 MIDDLE ISLAND POINTMARQUETTEMI49855DIRECTOR000.00$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$2,399,308AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$77,357AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,476,665TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,476,665AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$37,150CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,439,515NetVlNoncharitableAssetsAmt
Minimum Investment Return$121,976MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$121,976MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,050TaxBasedOnInvestmentIncomeAmt
Total Tax$5,050TotalTaxAmt
Distributable Before Adj$116,926DistributableBeforeAdjAmt
Distributable Before Ded$116,926DistributableBeforeDedAmt
Distributable As Adjusted$116,926DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$129,500ExpensesAndContributionsAmt
Qualifying Distributions$129,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$116,926DistributableAsAdjustedAmt
Undistributed Income PY$52,311UndistributedIncomePYAmt
Qualifying Distributions$129,500QualifyingDistributionsAmt
Applied To Year1$52,311AppliedToYear1Amt
Applied To Current Year$77,189AppliedToCurrentYearAmt
Undistributed Income CY$39,737UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHELE KONTIORecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1RANGE BANK 100 N FRONT STREETAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49855ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9062264045RecipientPhoneNum
Form And Info And MaterialsREQUEST IN WRITING TO INCLUDE: - HISTORY AND PURPOSE OF REQUESTING ORGANIZATION - STATEMENT OF FINANCIAL CONDITION OF REQUESTING ORGANIZATION - EVIDENCE THAT REQUESTING ORGANIZATION IS EXEMPT UNDER SEC 501(C)(3) OR OTHERWISE EXEMPT UNDER SEC 115 OF THE INTERNAL REVENUE CODE - PURPOSE OR USE OF GRANT REQUESTED - AMOUNT OF GRANT REQUESTEDFormAndInfoAndMaterialsTxt
Submission DeadlinesAPRIL 30 OF EACH YEARSubmissionDeadlinesTxt
Restrictions On AwardsGRANTS ARE LIMITED TO ORGANIZATIONS THAT HAVE OBTAINED 501(C)(3) STATUS OR ARE OTHERWISE EXEMPT UNDER SECTION 115 OF THE INTERNAL REVENUE CODERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
8-18 MEDIA
123 W BARAGAMARQUETTEMI49855PCOPERATING EXPENSES$2,000
ISHPEMING CANCER SOCIETY
700 W KAYE AVENUEMARQUETTEMI49855PCPATIENT CARE SERVICES$5,000
LAKE SUPERIOR HOSPICE
914 W BARAGA AVEMARQUETTEMI49855PCPATIENT SUPPORT PROGAMS$9,000
LAKE SUPERIOR THEATER
875 ORIANNA DRIVEMARQUETTEMI49855PCOPERATING EXPENSES$7,500
MARQUETTE AREA PUBLIC SCHOOLS
1201 W FAIR AVENUEMARQUETTEMI49855GOVSCHOLARSHIPS$2,000
MARQUETTE REGIONAL HISTORY CENTER
145 W SPRING STREETMARQUETTEMI49855PCDEBT REDUCTION$15,000
MARQUETTE SENIOR HIGH SCHOOL
1203 W FAIR AVEMARQUETTEMI49855GOVPROJECTION GRADUATION$1,500
SUPERIOR STRING ALLIANCE
PO BOX 52MARQUETTEMI49855PC2025 PROGRAMMING FUNDS$3,000
TRILLIUM HOUSE INC
1144 NORTHLAND DRIVEMARQUETTEMI49855PCDAN MAZZUCHI CARE FUND$15,000
UP CHILDREN'S MUSEUM
123 W BARAGAMARQUETTEMI49855PCLOAN REDUCTION$5,000
WOMEN'S CENTER
1310 S FRONT STREETMARQUETTEMI49855PCPLEDGE PAYMENT$20,000
CAMP NEW DAY UP
201 E RIDGEMARQUETTEMI49855PCOPERATING EXPENSES$4,500
NORTHERN LIGHTS CHILD ADVOCACY
3210 US 41MARQUETTEMI49855PCHOPE, HELP, & HEAL FOR YOUTH$15,000CENTER
ST PAUL'S EPISCOPAL CHURCH
201 E RIDGEMARQUETTEMI49855PCSACRED PLACES RESTORATION PROJECT$20,000
WILLOW FARM THERAPUDIC RIDING
5048 US 41 SOUTHMARQUETTEMI49855PCOPERATING EXPENSES$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$129,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,620ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$50,844ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$326,034ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$380,498ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$380,498TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryFORM 990-PF PREPARATIONCategoryTxt
Amt$1,625Amt
Net Investment Income$1,625NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES BARCLAYS 1-3 YR TREAS BND FD$233,206$227,808
ISHARES CORE US AGG BOND ETF$350,523$358,093
SPDR BARCLAYS SHT TM CORP BOND ETF$231,111$228,205

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES TR S&P MIDCAP 400 IDX FD ETF$99,523$227,953
SPDR S&P 500 TRUST ETF$292,299$944,643
VNGUARD MEGA CAP 300 GWTH IDX FD ETF$98,174$239,842
ISHARES TRUST RUSSELL 2000 ETF$49,334$104,285
SELECT SECTOR SPDR TR
SCHWAB US DIVIDEND EQUITY ETF
VANGUARD INDEX FDS VALUE EFT$176,298$181,455

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$15,536Amt
Net Investment Income$15,536NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$3,125Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.