THE FRANK AND MARGARET RACE FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- THE FRANK AND MARGARET RACE FOUNDATION INC (EIN 42-0925360)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-13
- IRS object ID
- 201441339349101209
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-13T08:58:33-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 391531945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREYBERG HINKLE ASHLAND POWERS & STOWELL | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15420 W CAPITOL DR | AddressLine1 |
| City | BROOKFIELD | City |
| State | WI | State |
| ZIP Code | 530052621 | 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 | 420925360 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FRANK AND MARGARET RACE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 3193667300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 2ND STREET SE NO 200 | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52401 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PRESIDENT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3193667300 | PhoneNum |
| Signature | 2014-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES M ASHLAND CPA | PreparerPersonNm |
| PTIN | P00241858 | PTIN |
| Phone | 2627846210 | PhoneNum |
| 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 | $1,611,477 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $22,130 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $22,130 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,364 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $384,867 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,970 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$9,328 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$2,421 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $23,166 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,679 | 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 | $3,505 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,505 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $36 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,976 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $6,976 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,619 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $9,619 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,136 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,136 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $37,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $37,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $57,636 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,136 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $37,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$34,470 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,543 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,537 | CashBOYAmt |
| Cash EOY | $4,752 | CashEOYAmt |
| Cash EOYFMV | $4,752 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $105,046 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $51,473 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $51,473 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $990,777 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,260,673 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,260,673 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $270,746 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $294,579 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $294,579 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,368,106 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,611,477 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,611,477 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,368,106 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,611,477 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,368,106 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,611,477 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,368,106 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,611,477 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,368,106 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$34,470 | ExcessRevenueOverExpensesAmt |
| Other Increases | $277,841 | OtherIncreasesAmt |
| Subtotal | $1,611,477 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,611,477 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (43 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| ABBOTT LABORATORIES - 100 SHS | 2010-09-24 | 2013-01-15 | $3,324 | $2,498 | $826 | $826 | |
| ABBOTT LABORATORIES - 100 SHS | 2011-01-03 | 2013-01-15 | $3,324 | $2,299 | $1,025 | $1,025 | |
| ABBOTT LABORATORIES - 100 SHS | 2011-01-03 | 2013-01-15 | $3,324 | $2,299 | $1,025 | $1,025 | |
| ABBVIE INC. - 100 SHS | 2000-09-24 | 2013-01-07 | $3,479 | $2,709 | $770 | $770 | |
| ABBVIE INC. - 100 SHS | 2011-01-03 | 2013-01-07 | $3,479 | $2,493 | $986 | $986 | |
| ABBVIE INC. - 100 SHS | 2011-01-03 | 2013-01-07 | $3,479 | $2,493 | $986 | $986 | |
| APPLE INC.- 5 SHS | 2010-12-13 | 2013-01-14 | $2,506 | $1,621 | $885 | $885 | |
| APPLE INC.- 20 SHS | 2011-06-13 | 2013-01-14 | $10,025 | $6,544 | $3,481 | $3,481 | |
| BAIDU, INC. - 50 SHS | 2011-11-18 | 2013-05-08 | $4,475 | $6,574 | -$2,099 | -$2,099 | |
| BAIDU, INC. - 25 SHS | 2012-04-26 | 2013-05-08 | $2,237 | $3,361 | -$1,124 | -$1,124 | |
| ELDORADO GOLD CORP NEW - 200 SHS | 2010-08-26 | 2013-01-14 | $2,614 | $3,856 | -$1,242 | -$1,242 | |
| ELDORADO GOLD CORP NEW - 300 SHS | 2011-01-24 | 2013-01-14 | $3,921 | $4,805 | -$884 | -$884 | |
| FREEPORT MCMORAN COPPER - 200 SHS | 2010-12-16 | 2013-04-16 | $5,950 | $11,154 | -$5,204 | -$5,204 | |
| INTERNATIONAL BUSINESS MACHINES CORP - 100 SHS | 2011-04-20 | 2013-04-19 | $18,987 | $16,485 | $2,502 | $2,502 | |
| JOHNSON CONTROLS INC. - 200 SHS | 2009-09-09 | 2013-04-16 | $6,652 | $5,210 | $1,442 | $1,442 | |
| JOHNSON CONTROLS INC. - 100 SHS | 2011-01-03 | 2013-04-16 | $3,326 | $3,983 | -$657 | -$657 | |
| JOHNSON CONTROLS INC. - 300 SHS | 2011-02-09 | 2013-04-16 | $9,978 | $11,999 | -$2,021 | -$2,021 | |
| MERCADOLIBRE INC. - 200 SHS | 2011-01-03 | 2013-12-18 | $20,250 | $13,976 | $6,274 | $6,274 | |
| PIEDMONT OFFICE REALTY - 1,664 SHS | 2013-12-26 | 2005-06-14 | $27,888 | $41,864 | -$13,976 | -$13,976 | |
| PPL CORP - 400 SHS | 2006-04-20 | 2013-05-02 | $13,157 | $12,003 | $1,154 | $1,154 | |
| SCHLUMBERGER LTD - 200 SHS | 2006-10-30 | 2013-04-16 | $14,574 | $12,592 | $1,982 | $1,982 | |
| SEAGATE TECHNOLOGY PLC - 200 SHS | 2012-04-23 | 2013-07-24 | $8,740 | $5,800 | $2,940 | $2,940 | |
| SOCIEDAD QUIMICA Y MIERA DE CHILE - 100 SHS | 2009-09-10 | 2013-07-30 | $3,170 | $3,569 | -$399 | -$399 | |
| SOCIEDAD QUIMICA Y MIERA DE CHILE - 200 SHS | 2010-01-14 | 2013-07-30 | $6,340 | $8,604 | -$2,264 | -$2,264 | |
| TRAVELERS COMPANIES, INC. - 100 SHS | 2011-08-29 | 2013-01-07 | $7,291 | $5,064 | $2,227 | $2,227 | |
| TRAVELERS COMPANIES, INC. - 100 SHS | 2011-12-21 | 2013-01-07 | $7,291 | $5,886 | $1,405 | $1,405 | |
| VANGUARD FTSE EMERGING MARKETS ETF - 100 SHS | 2011-04-28 | 2013-04-16 | $4,214 | $5,015 | -$801 | -$801 | |
| YAMANA GOLD INC. - 200 SHS | 2012-03-01 | 2013-04-16 | $2,480 | $3,475 | -$995 | -$995 | |
| ACTAVIS, INC. - 100 SHS | 2013-05-03 | 2013-10-01 | $14,400 | $10,630 | $3,770 | $3,770 | |
| ACTAVIS, INC. - 100 SHS | 2013-05-08 | 2013-10-01 | $14,400 | $10,707 | $3,693 | $3,693 | |
| ACTAVIS PLC - 200 SHS | 2013-10-01 | 2013-12-23 | $33,215 | $28,800 | $4,415 | $4,415 | |
| ALLERGAN, INC. - 100 SHS | 2013-01-07 | 2013-05-03 | $10,372 | $9,809 | $563 | $563 | |
| CHINA UNICOM HONG KONG LIMITED - 1,000 SHS | 2013-05-02 | 2013-10-07 | $17,120 | $14,270 | $2,850 | $2,850 | |
| FREEPORT MCMORAN COPPER & GOLD - 100 SHS | 2012-09-14 | 2013-04-16 | $2,975 | $4,319 | -$1,344 | -$1,344 | |
| NUANCE COMMUNICATION INC. | 2012-09-21 | 2013-05-02 | $5,691 | $7,653 | -$1,962 | -$1,962 | |
| PLUM CREEK TIMBER COMPANY, INC. | 2013-07-30 | 2013-12-26 | $18,481 | $19,670 | -$1,189 | -$1,189 | |
| PROSHARES SHORT S&P 500 ETF - 400 SHS | 2012-06-21 | 2013-05-17 | $11,524 | $14,980 | -$3,456 | -$3,456 | |
| VANGUARD FTSE EMERGING MARKETS ETF - 100 SHS | 2013-01-14 | 2013-04-16 | $4,214 | $4,485 | -$271 | -$271 | |
| VANGUARD FTSE EMERGING MARKETS ETF - 200 SHS | 2013-01-14 | 2013-11-13 | $7,998 | $8,970 | -$972 | -$972 | |
| VENTAS INC. - 450 SHS | 2013-06-13 | 2013-12-12 | $24,876 | $20,733 | $4,143 | $4,143 | |
| BREITBURN ENERGY PARTNERS | 2013-01-14 | 2013-11-07 | $11,532 | $9,851 | $286 | $286 | |
| SETTLEMENT | $76 | $76 | $76 | P | |||
| CAPITAL GAINS DIVIDENDS | $124 | $124 | $124 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,970 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $70,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,391,279 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050313 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $53,250 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,377,672 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.038652 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $79,700 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,390,659 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.057311 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $89,898 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,389,401 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.064703 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $74,425 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,581,128 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047071 | DistributionYr5Rt |
| Total Distribution | 0.258050 | TotalDistributionRt |
| Average Distribution | 0.051610 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,063,289 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $54,876 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $85 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $54,961 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $37,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $171 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $171 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $171 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $450 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $450 | TotalPaymentsAndCreditsAmt |
| Overpayment | $279 | OverpaymentAmt |
| Applied To ES Tax | $279 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | IA | 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 | JOSEPH R RUSSO | IndividualWithBooksNm |
| Phone | 3193667300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 2ND STREET SE SUITE 200 | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52401 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH R RUSSO | ||||||||
| 230 2ND ST SE | CEDAR RAPIDS | IA | 52401 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ALAN BRINKMAN | ||||||||
| 2335 LINDEN DR SE | CEDAR RAPIDS | IA | 52403 | SEC'Y/TREAS | 0.00 | $0 | $0 | $0 |
| BEN HADEN | ||||||||
| 123 HILLDALE ROAD | CHATTANOOGA | TN | 37411 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| MARGARET RACE STAMP | ||||||||
| 663 29TH ST SE | CEDAR RAPIDS | IA | 52403 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| SUSIE HARRISON | ||||||||
| 46-560A ARAPHOE | INDIAN WELLS | CA | 92210 | BOARD MEMBER | 0.00 | $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 | $887,981 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $191,500 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,079,481 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,079,481 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,192 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,063,289 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $53,164 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $53,164 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $171 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $171 | TotalTaxAmt |
| Distributable Before Adj | $52,993 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $52,993 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $52,993 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $37,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $37,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $37,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $52,993 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $20,632 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $10,237 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $609 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $31,478 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $37,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $37,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $15,493 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $15,493 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,985 | 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 | $15,985 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,139 | ExcessFromYear4Amt |
| Excess From Year3 | $10,237 | ExcessFromYear3Amt |
| Excess From Year1 | $609 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALL NATIONS FAMILY | |||||||
| 5330 COLLEGE BLVD | OVERLAND PARK | KS | 66211 | N/A | PUBLIC CHARITY | EUROPE OUTREACH ROMANIA - KEVIN & ANGIE WEIGELT | $2,500 |
| CHINA OUTREACH MINISTRIES | |||||||
| PO BOX 35 | MECHANICSBURG | PA | 17055 | N/A | PUBLIC CHARITY | GREG GAINER - ISU - SUPPORT | $1,000 |
| HARVESTERS | |||||||
| 2001 WEST PLANO PARKWAY STE 3432 | PLANO | TX | 75075 | N/A | PUBLIC CHARITY | MISSIONAIRIES LANCE & KIM LEPP - SUDANESE ORPHAN CARE | $6,000 |
| HOUSE OF HOPE | |||||||
| 1744 2ND AVE SE | CEDAR RAPIDS | IA | 52403 | N/A | PUBLIC CHARITY | FAITH BASED THERAPYABUSED WOMEN SHELTER | $1,000 |
| JESUS FILM PROJECT | |||||||
| 100 LAKE HART DRIVE | ORLANDO | FL | 32832 | N/A | PUBLIC CHARITY | FILM TRANSLATION | $2,000 |
| ROSE OF SHARON | |||||||
| 1816 5TH AVE SE | CEDAR RAPIDS | IA | 52403 | N/A | PUBLIC CHARITY | EVANGELICAL MISSION | $750 |
| YWAM | |||||||
| PO BOX 3000 | GARDEN VALLEY | TX | 75771 | N/A | PUBLIC CHARITY | JIM & ANNA RODGERSSCRIPTURE TRANSLATION | $10,500 |
| REDEEMER CHURCH | |||||||
| 1700 B AVE NE | CEDAR RAPIDS | IA | 52402 | N/A | PUBLIC CHARITY | MISSIONARY SUPPORT - J BRINKMAN | $6,500 |
| HIS HANDS | |||||||
| PO BOX 339 | CEDAR RAPIDS | IA | 52406 | N/A | PUBLIC CHARITY | FREE MEDICAL CLINIC | $2,000 |
| NARRAMORE CHRISTIAN FOUNDATION | |||||||
| 250 WEST COLORADO BLVD SUITE 200 | ARCADIA | CA | 91007 | N/A | PUBLIC CHARITY | COUNSELING MISSIONARIES SUPPORT - JOHN & BECKY LEVERINGTON | $3,000 |
| WARM BLANKETS ORPHAN CARE | |||||||
| 5105 TOLLVIEW DRIVE SUITE 155 | ROLLING MEADOWS | IL | 60008 | N/A | PUBLIC CHARITY | ORPHAN CARE | $750 |
| WIND AND FIRE MINISTRIES | |||||||
| 3243 WIND FIRE DRIVE | MARION | IA | 52302 | N/A | PUBLIC CHARITY | MISSIONARY WORK - LAOS | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $37,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $22,130 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,364 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionAmt |
|---|---|---|
| WESTERN GAS PARTNERS | -$1,714 | |
| MAGELLAN MIDSTREAM PARTNERS | ||
| ENTERPRISE PRODUCTS PARTNERS LP | -$1,902 | -$1,893 |
| COMMON WEALTH INCOME AND GROWTH | $778 | |
| KINDER MORGAN ENERGY PARTNERS | -$2,216 | -$2,052 |
| BREITBURN ENERGY PARTNERS | -$1,075 | $746 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$6,907 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $30,073 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $23,166 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $3,505 | Amt |
| Net Investment Income | $3,505 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | BREITBURN ENERGY PARTNERS ORDINARY | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Gross Sales Price | $1,394 | GrossSalesPriceAmt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | $1,394 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK - SEE ATTACHED LISTING | StockNm |
| EOY Book Value | $1,260,673 | EOYBookValueAmt |
| EOYFMV | $1,260,673 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ANNUITY CONTRACT | FMV | $168,990 | $168,990 |
| BEHRINGER HARVARD REIT | FMV | $24,894 | $24,894 |
| INLAND AMERICAN REAL ESTATE TRUST | FMV | $49,695 | $49,695 |
| COMMONWEALTH INCOME & GROWTH | FMV | $51,000 | $51,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT EXPENSES | Desc |
| Revenue And Expenses Per Books | $9,619 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $9,619 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| WESTERN GAS PARTNERS | -$1,714 | $0 | -$1,714 |
| ENTERPRISE PRODUCTS PARTNERS LP | -$3,795 | -$1,893 | -$3,795 |
| COMMON WEALTH INCOME AND GROWTH | $778 | $778 | $778 |
| KINDER MORGAN ENERGY PARTNERS | -$4,268 | -$2,052 | -$4,268 |
| BREITBURN ENERGY PARTNERS | -$329 | $746 | -$329 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CURRENT YEAR CHANGE IN UNREALIZED GAIN/LOSS IN FMV OF INVESTMENTS | Description |
| Amount | $277,841 | Amount |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $36 | Amt |
| Net Investment Income | $36 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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