CARR FAM FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CARR FAM FOUNDATION (EIN 32-6182936)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-15
- IRS object ID
- 201321359349101327
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T11:05:09-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOFFMAN & BROBST PLLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 548 | AddressLine1 |
| City | MARSHALL | City |
| State | MN | State |
| ZIP Code | 56258 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 326182936 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CARR FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CARR | NameControl |
| Phone | 5075322291 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1215 | AddressLine1 |
| City | MARSHALL | City |
| State | MN | State |
| ZIP Code | 56258 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT L CARR | Name |
| Title | TRUSTEE | Title |
| Phone | 5075322291 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARRY EVENSTAD CPA | Name |
| Phone | 5075325735 | Phone |
| Date Prepared | 2013-05-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 712756 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 489422 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 20146 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 20146 | DividendsNetInvstIncm |
| Total Revenue And Expenses | 509568 | TotalRevenueAndExpenses |
| Total Net Investment Income | 20146 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 320 | AccountingFeesRevAndExpnss |
| Interest Rev And Expnss | 544 | InterestRevAndExpnss |
| Taxes Rev And Expnss | 17 | TaxesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 881 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 18300 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 18300 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 19181 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 18300 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 490387 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 20146 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 100 | CashBOY |
| Cash EOY | 4186 | CashEOY |
| Cash EOYFMV | 4186 | CashEOYFMV |
| Investments Corp Stock BOY | 516873 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 670699 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 606404 | InvestmentsCorpStockEOYFMV |
| Investments Other EOY | 100447 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 102166 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 516973 | TotalAssetsBOY |
| Total Assets EOY | 775332 | TotalAssetsEOY |
| Total Assets EOYFMV | 712756 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 233690 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 1662 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 233690 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1662 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 283283 | UnrestrictedBOY |
| Unrestricted EOY | 773670 | UnrestrictedEOY |
| Total Net Assets BOY | 283283 | TotalNetAssetsBOY |
| Total Net Assets EOY | 773670 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 516973 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 775332 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 283283 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 490387 | ExcessOfRevenueOverExpenses |
| Subtotal | 773670 | Subtotal |
| Total Net Assets Fund Balances EOY | 773670 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Noncharitable Assets Year1 | 43013 | NoncharitableAssetsYear1 |
| Net Noncharitable Assets | 626505 | NetNoncharitableAssets |
| One Percent Net Investment Income | 201 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 201 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 18300 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 201 | InvestmentIncomeExciseTax |
| Subtotal | 201 | Subtotal |
| Tax Based On Investment Income | 201 | TaxBasedOnInvestmentIncome |
| Tax Due | 201 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MN | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | KATHY BARTZ | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 5075322291 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | HIGHWAY 59 NORTH | AddressLine1 |
| City | MARSHALL | City |
| State | MN | State |
| ZIP Code | 56258 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| ROBERT L CARR | ||||||||
| PO BOX 409 | MARSHALL | MN | 56258 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| PHYLLIS V CARR | ||||||||
| PO BOX 409 | MARSHALL | MN | 56258 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 633197 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 2849 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 636046 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 636046 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 9541 | CashDeemedCharitable |
| Net Noncharitable Assets | 626505 | NetNoncharitableAssets |
| Minimum Investment Return | 31325 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 31325 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 201 | TaxBasedOnInvestmentIncome |
| Total Tax | 201 | TotalTax |
| Distributable Amount Before Adj | 31124 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 31124 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 31124 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 18300 | ExpensesAndContributions |
| Qualifying Distributions | 18300 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 201 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 18099 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 31124 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 2134 | UndistributedIncomePriorYear |
| Qualifying Distributions | 18300 | QualifyingDistributions |
| Applied To Year1 | 2134 | AppliedToYear1 |
| Applied To Current Year | 16166 | AppliedToCurrentYear |
| Undistributed Income CY | 14958 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AMERICAN LEGION AUXILIARY POST 113 | |||||||
| 616 KENDALL STREET | MARSHALL | MN | 56258 | NONE | 501-C(3) | SPONSOR HIGH GIRL JUNIOR FOR STATE P | $300 |
| HOUSE OF HOPE MINNESOTA INC | |||||||
| 1302 PINEHURST | MARSHALL | MN | 56258 | 501-C(3) | RESIDENTIAL GROUP HOME FOR GIRLS | $5,000 | |
| FELLOWSHIP FOR CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS ROAD | KANSAS CITY | MO | 64129 | 501-(C)3 | PROVIDE SCHOLARSHIPS FOR LOCAL YOUTH | $500 | |
| PRIDE IN THE TIGER FOUNDATION | |||||||
| 400 TIGER DRIVE | MARSHALL | MN | 56258 | 501-(C)3 | PROVIDE 5 SCHOLARSHIPS TO STUDENTS | $12,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 18300 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 20146 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 20146 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 20146 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | ROBERT L CARR | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 409 | AddressLine1 |
| City | MARSHALL | City |
| State | MN | State |
| ZIP Code | 56258 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 235000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | Category |
| Amount | $320 | Amount |
Compensation Explanation CompensationExplanation
Compensation Compensation (2 entries)
| ROBERT L CARR |
| PHYLLIS V CARR |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (10 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 5,469 BEST BUY | 152634 | 64811 |
| 2,371 CSX CORP | 51062 | 46789 |
| 775 CVS CAREMARK | 34316 | 37471 |
| 728 CHEVRON CORP | 76608 | 78794 |
| 807 FASTENAL CORP | 34985 | 37671 |
| 2,216 FREEPORT MCMORAN | 85881 | 75811 |
| 3,206 GENERAL ELECTRIC | 51897 | 67303 |
| 2,416 ELI LILLY | 96763 | 119144 |
| 720 NORFOLK SOUTHERN | 52656 | 44559 |
| 407 PHILLIP MORRIS | 33897 | 34051 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MAINSTAY GROWTH EQUITY FUND | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 100447 | BookValue |
| EOYFMV | 102166 | EOYFMV |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MARGIN LOAN | Description |
| BOY Book Value | 233690 | BOYBookValue |
| EOY Book Value | 1662 | EOYBookValue |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode |
|---|---|---|---|
| ROBERT L CARR | |||
| PO BOX 409 | MARSHALL | MN | 56258 |
| SOUTHWEST INITIATIVE FOUNDATION | |||
| 15 3RD AVENUE NW | HUTCHINSON | MN | 55350 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | IRS | Category |
| Amount | $17 | Amount |
Comments