LEE AND PENNY ANDERSON FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LEE AND PENNY ANDERSON FOUNDATION (EIN 65-6254123)
Tax period
2012-07-01 to 2013-06-30
Filed
2013-10-11
IRS object ID
201302849349100600
Schema version
2012v2.1
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)
Timestamp2013-10-11T09:41:10-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1801 NICOLLET MALL SUITE 1100AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN656254123EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LEE AND PENNY ANDERSON FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLEEANameControl
Phone6516042700Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 OLD HIGHWAY 8 NWAddressLine1
CityNEW BRIGHTONCity
StateMNState
ZIP Code55112ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLEE R ANDERSON SRName
TitleTRUSTEETitle
Phone6516042700Phone
Date Signed2013-09-30DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameTODD A JACKSONName
PTINP00092672PTIN
Phone6123324300Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY155FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss38000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss4InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm4InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses38004TotalRevenueAndExpenses
Total Net Investment Income4TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1600AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm800AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps800AccountingFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1600TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm800TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps800TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss39750ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps39750ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss41350TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm800TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps40550TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-3346ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY3501SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY155SavingsAndTempCashInvstEOY
Total Assets BOY3501TotalAssetsBOY
Total Assets EOY155TotalAssetsEOY
Total Assets EOYFMV155TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY3501RetainedEarningsBOY
Retained Earnings EOY155RetainedEarningsEOY
Total Net Assets BOY3501TotalNetAssetsBOY
Total Net Assets EOY155TotalNetAssetsEOY
Total Liabilities Net Assets BOY3501TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY155TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY3501TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-3346ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal155Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY155TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year156903QualifyingDistributionsYear1
Noncharitable Assets Year124109NoncharitableAssetsYear1
Distribution Ratio Year12.360239DistributionRatioYear1
Qualifying Distributions Year2135702QualifyingDistributionsYear2
Noncharitable Assets Year264826NoncharitableAssetsYear2
Distribution Ratio Year22.093327DistributionRatioYear2
Qualifying Distributions Year3241038QualifyingDistributionsYear3
Noncharitable Assets Year319379NoncharitableAssetsYear3
Distribution Ratio Year312.438103DistributionRatioYear3
Qualifying Distributions Year4788419QualifyingDistributionsYear4
Noncharitable Assets Year442621NoncharitableAssetsYear4
Distribution Ratio Year418.498369DistributionRatioYear4
Qualifying Distributions Year51223605QualifyingDistributionsYear5
Noncharitable Assets Year5318736NoncharitableAssetsYear5
Distribution Ratio Year53.838929DistributionRatioYear5
Total Distribution Ratio39.228967TotalDistributionRatio
Average Distribution Ratio7.845793AverageDistributionRatio
Net Noncharitable Assets2417NetNoncharitableAssets
Adjusted Noncharitable Assets18963AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One18963AdjNonchrtblAssetsAndOnePct
Qualifying Distributions40550QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment1200EstTaxPaymentsAndOverpayment
Total Credits And Payments1200TotalCreditsAndPayments
Overpayment1200Overpayment
Amount Credited To Next Year1200AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets0AtLeast5000InAssets
States Filed WithFLStatesFiledWith
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameLEE R SR KATHARINE ANDERSONBooksInCareOfPersonName
Books In Care Of Phone Number7635451004BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line13054 GORDON DRIVEAddressLine1
CityNAPLESCity
StateFLState
ZIP Code34102ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
LEE R ANDERSON SR
3054 GORDON DRIVENAPLESFL34102TRUSTEE, PRESIDENT2.00000
KATHARINE M ANDERSON
3054 GORDON DRIVENAPLESFL34102TRUSTEE, SECRETARY/TREASURER2.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1N/ADescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1
Amount10Amount1
All Oth Prog Rltd Investments Total0AllOthProgRltdInvestmentsTotal
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances2454AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets2454TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets2454AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable37CashDeemedCharitable
Net Noncharitable Assets2417NetNoncharitableAssets
Minimum Investment Return121MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return121MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj121DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded121DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted121DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions40550ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions40550QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions40550AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted121DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year51207945ExcessDistriCarryoverYear5
Excess Distri Carryover Year4786288ExcessDistriCarryoverYear4
Excess Distri Carryover Year3240069ExcessDistriCarryoverYear3
Excess Distri Carryover Year2132461ExcessDistriCarryoverYear2
Excess Distri Carryover Year155698ExcessDistriCarryoverYear1
Total Excess Distri Carryover2422461TotalExcessDistriCarryover
Qualifying Distributions40550QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year121AppliedToCurrentYear
Remaining Distri From Corpus40429RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus2462890TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year51207945ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1254945ExcessDistriCyovToNextYear
Excess From Year4786288ExcessFromYear4
Excess From Year3240069ExcessFromYear3
Excess From Year2132461ExcessFromYear2
Excess From Year155698ExcessFromYear1
Excess From Current Year40429ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
HAZELDEN
680 STEWART AVEST PAULMN55102NONEPUBLIC CHARITYPROGRAM SUPPORT$1,000
ST THOMAS UNIVERSITY
2115 SUMMIT AVEST PAULMN55105NONEEDUCATIONALPROGRAM SUPPORT$10,000
SALVATION ARMY
2445 PRIOR AVE NROSEVILLEMN55113NONEPUBLIC CHARITYPROGRAM SUPPORT$1,000
NASH AVERY FOUNDATION
4904 MERILANEEDINAMN55436NONEPUBLIC CHARITYBASH FOR NASH - 5$22,750
LANGENFELD FOUNDATION
PO BOX 533HASTINGSMN55033NONEPUBLIC CHARITYPROGRAM SUPPORT$5,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year39750TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$4ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$4ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA4TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualLEE R ANDERSON SRContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line13054 GORDON DRIVEAddressLine1
CityNAPLESCity
StateFLState
ZIP Code34102ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions38000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$1,600Amount
Net Investment Income800NetInvestmentIncome
Disbursements Charitable Prps800DisbursementsCharitablePrps

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

FieldValueIRS element (for citing)
DescriptionN/ADescription
Amount$0Amount

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