GRASSLAND TR: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GRASSLAND TR (EIN 38-3357237)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-13
IRS object ID
201321339349100017
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)
Timestamp2013-05-13T12:25:56-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1WEISHAAR & COMPANY CPAS PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1BOX 631 270 SOUTH BENZIE BLVDAddressLine1
CityBEULAHCity
StateMIState
ZIP Code49617ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN383357237EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GRASSLAND TRUSTBusinessNameLine1
Business Name Line2C/O WEST MICHIGAN BANK & TRUSTBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlGRASNameControl
Phone2317238867Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 CYPRESS STREETAddressLine1
CityMANISTEECity
StateMIState
ZIP Code49660ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDOUGLAS COOKName
TitleTRUST OFFICERTitle
Phone2317238867Phone
Date Signed2013-04-23DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameMARY E WEISHAAR CPAName
Phone2318822313Phone
Date Prepared2013-05-06DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY9934002FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss245816ContriReceivedRevAndExpnss
Dividends Rev And Expnss186963DividendsRevAndExpnss
Dividends Net Invst Incm186963DividendsNetInvstIncm
Dividends Adj Net Incm186963DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss8062NetGainSaleAssetsRevAndExpnss
Gross Sales Price8062GrossSalesPrice
Capital Gain Net Incm Net Invst Incm8062CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses440841TotalRevenueAndExpenses
Total Net Investment Income195025TotalNetInvestmentIncome
Total Adjusted Net Income186963TotalAdjustedNetIncome
Accounting Fees Rev And Expnss2891AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm578AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps2313AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss30954OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm6191OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps24763OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss1260TaxesRevAndExpnss
Tot Opr Expenses Rev And Expnss35105TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm6769TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps27076TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss595000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps595000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss630105TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm6769TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps622076TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-189264ExcessOfRevenueOverExpenses
Net Investment Income188256NetInvestmentIncome
Adjusted Net Income186963AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Investments Govt Oblig BOY4640035InvestmentsGovtObligBOY
Investments Govt Oblig EOY4284955InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV4316310InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY6184365InvestmentsCorpStockBOY
Investments Corp Stock EOY6350181InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV5617692InvestmentsCorpStockEOYFMV
Total Assets BOY10824400TotalAssetsBOY
Total Assets EOY10635136TotalAssetsEOY
Total Assets EOYFMV9934002TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY10824400RetainedEarningsBOY
Retained Earnings EOY10635136RetainedEarningsEOY
Total Net Assets BOY10824400TotalNetAssetsBOY
Total Net Assets EOY10635136TotalNetAssetsEOY
Total Liabilities Net Assets BOY10824400TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY10635136TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY10824400TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-189264ExcessOfRevenueOverExpenses
Subtotal10635136Subtotal
Total Net Assets Fund Balances EOY10635136TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income8062CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1740160QualifyingDistributionsYear1
Noncharitable Assets Year110123622NoncharitableAssetsYear1
Distribution Ratio Year10.073112DistributionRatioYear1
Qualifying Distributions Year2282279QualifyingDistributionsYear2
Noncharitable Assets Year28887543NoncharitableAssetsYear2
Distribution Ratio Year20.031761DistributionRatioYear2
Qualifying Distributions Year3136446QualifyingDistributionsYear3
Noncharitable Assets Year37303100NoncharitableAssetsYear3
Distribution Ratio Year30.018683DistributionRatioYear3
Qualifying Distributions Year4157470QualifyingDistributionsYear4
Noncharitable Assets Year47204071NoncharitableAssetsYear4
Distribution Ratio Year40.021858DistributionRatioYear4
Qualifying Distributions Year588559QualifyingDistributionsYear5
Noncharitable Assets Year53473056NoncharitableAssetsYear5
Distribution Ratio Year50.025499DistributionRatioYear5
Total Distribution Ratio0.170913TotalDistributionRatio
Average Distribution Ratio0.034183AverageDistributionRatio
Net Noncharitable Assets9623228NetNoncharitableAssets
Adjusted Noncharitable Assets328951AdjustedNoncharitableAssets
One Percent Net Investment Income1883OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One330834AdjNonchrtblAssetsAndOnePct
Qualifying Distributions622076QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax1883InvestmentIncomeExciseTax
Subtotal1883Subtotal
Tax Based On Investment Income1883TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment2600EstTaxPaymentsAndOverpayment
Total Credits And Payments2600TotalCreditsAndPayments
Overpayment717Overpayment
Amount Credited To Next Year717AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1WEST MICHIGAN BANK & TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number2317238867BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1120 CYPRESS STREETAddressLine1
CityMANISTEECity
StateMIState
ZIP Code49660ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
JAMES R FOSTER
120 CYPRESS STREETMANISTEEMI49660TRUSTEE1.00000
LORREVA S FOSTER
120 CYPRESS STREETMANISTEEMI49660TRUSTEE1.00000
HENRY T MATHER
120 CYPRESS STREETMANISTEEMI49660TRUSTEE1.00000
THOMAS A BAITHER
120 CYPRESS STREETMANISTEEMI49660TRUSTEE1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities9769442AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances333AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets9769775TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets9769775AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable146547CashDeemedCharitable
Net Noncharitable Assets9623228NetNoncharitableAssets
Minimum Investment Return481161MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return481161MinimumInvestmentReturn
Tax Based On Investment Income1883TaxBasedOnInvestmentIncome
Total Tax1883TotalTax
Distributable Amount Before Adj479278DistributableAmountBeforeAdj
Distributable Amount Before Ded479278DistributableAmountBeforeDed
Distributable Amount As Adjusted479278DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions622076ExpensesAndContributions
Qualifying Distributions622076QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm1883OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions620193AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted479278DistributableAmountAsAdjusted
Undistributed Income Prior Year84344UndistributedIncomePriorYear
Qualifying Distributions622076QualifyingDistributions
Applied To Year184344AppliedToYear1
Applied To Current Year479278AppliedToCurrentYear
Remaining Distri From Corpus58454RemainingDistriFromCorpus
Total Corpus58454TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year58454ExcessDistriCyovToNextYear
Excess From Current Year58454ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManager
Shareholder ManagerNAShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1Address Line2RecipientUSAddress/AddressLine2CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountBusiness Name Line2RecipientBusinessName/BusinessNameLine2
REDMON HOUSE INC
C/O SKIP WALKER DIRECTOR2876 BAMBOO DRIVELAKE HAVASU CITYAZ86404NONELOCAL GOOD WORKS$475,000
UPPER SUSQUEHANNA SYNOD
P O BOX 36LEWISBURYPA17837NONERELIGIOUS GOOD WORKS$120,000EVANGELICAL LUTHERAN CHURCH IN AMERICA
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year595000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$186,963ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$8,062ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$195,025ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA195025TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualJAMES R FOSTER TRUSTContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1150 SOUTH HIGHWAY 160AddressLine1
Address Line2P O BOX 305AddressLine2
CityPARHUMPCity
StateNVState
ZIP Code89048ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions245816AggregateContributions
Person Contribution TypeXPersonContributionType
Noncash Contribution TypeXNoncashContributionType

Noncash Property NoncashProperty

FieldValueIRS element (for citing)
Contributor Number From Part I1ContributorNumberFromPartI
Noncash Property DescriptionCATERPILLAR INCNoncashPropertyDescription
Fair Market Value165816FairMarketValue
Date Received2012-09-24DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
WEISHAAR AND CO CPAS PC$850170680
MUTUAL FUND SUBACCOUNTING FEES$2,0414081633

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

JAMES R FOSTER
LORREVA S FOSTER
HENRY T MATHER
THOMAS A BAITHER

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (17 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
ALCOA1601135405070
ARCHER DANIELS MIDLAND2235534950
BAKER HUGHES432465204238
BOEING COMPANY988500753600
BP PLC232749228437
CATERPILLAR INC542643537651
COCA COLA CORP419264536500
DEERE & CO10976581313584
DOW CHEMICAL363920174
EI DUPONT DENEMOURS659744744844
FIFTH THIRD BANCORP1243177840
HALLIBURTON41061138760
KEY CORP NEW4565461887
NOBLE ENERGY32801203480
NOVARTIS AG108756126600
PLUM CREEK TIMBER CO96589101297
RAYTHEON2392528780

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Securities EOY Book Value4284955USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV4316310USGovtSecuritiesEOYFMV

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryWEST MICHIGAN BANK & TRUSTCategory
Amount$30,954Amount
Net Investment Income6191NetInvestmentIncome
Disbursements Charitable Prps24763DisbursementsCharitablePrps

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameJAMES R FOSTER TRUSTPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 SOUTH HWY 160AddressLine1
CityPARHUMPCity
StateNVState
ZIP Code89048ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXES - ES 2012Category
Amount$1,260Amount

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