JEFFERY WALLACE ELLIS TRUST: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- JEFFERY WALLACE ELLIS TRUST (EIN 36-3494704)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-02-25
- IRS object ID
- 201340569349100504
- Schema version
- 2012v2.0
- 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
- General Explanation Attachment
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-25T11:52:18-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470608676 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCDERMOTT AND MILLER PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1317 | AddressLine1 |
| City | HASTINGS | City |
| State | NE | State |
| ZIP Code | 689021317 | 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 | 363494704 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFERY WALLACE ELLIS TRUST | BusinessNameLine1 |
| Business Name Line2 | C/O MCDERMOTT & MILLER PC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JEFF | NameControl |
| Phone | 4024624154 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1317 | AddressLine1 |
| City | HASTINGS | City |
| State | NE | State |
| ZIP Code | 689021317 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LLOYD H ELLIS JR | Name |
| Title | PRESIDENT/TRUSTEE | Title |
| Phone | 4024624154 | Phone |
| Date Signed | 2013-02-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL A WALENZ CPA | Name |
| PTIN | P00075231 | PTIN |
| Phone | 4024624154 | Phone |
| Date Prepared | 2013-02-16 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 2542483 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 28 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 28 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 38552 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 38552 | DividendsNetInvstIncm |
| Gross Rents Rev And Expnss | 69341 | GrossRentsRevAndExpnss |
| Gross Rents Net Invst Incm | 69341 | GrossRentsNetInvstIncm |
| Net Rental Income Or Loss | 51799 | NetRentalIncomeOrLoss |
| Net Gain Sale Assets Rev And Expnss | 30916 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 215032 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 30916 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 138837 | TotalRevenueAndExpenses |
| Total Net Investment Income | 138837 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 568 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 568 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 8435 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 8435 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 2666 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 409 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 17554 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 17542 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 29223 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 18519 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 8435 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 111500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 111500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 140723 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 18519 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 119935 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -1886 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 120318 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 34927 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 52135 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 52135 | SavingsAndTempCashInvstEOYFMV |
| Investments Land Etc Basis | 307298 | InvestmentsLandEtcBasis |
| Accum Deprec Investments Land Etc | 13959 | AccumDeprecInvestmentsLandEtc |
| Investments Land Etc BOY | 293339 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 293339 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 949107 | InvestmentsLandEtcEOYFMV |
| Investments Other BOY | 1461911 | InvestmentsOtherBOY |
| Investments Other EOY | 1442826 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 1540382 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 868 | OtherAssetsBOY |
| Other Assets EOY | 859 | OtherAssetsEOY |
| Other Assets EOYFMV | 859 | OtherAssetsEOYFMV |
| Total Assets BOY | 1791045 | TotalAssetsBOY |
| Total Assets EOY | 1789159 | TotalAssetsEOY |
| Total Assets EOYFMV | 2542483 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 1380063 | CapitalStockBOY |
| Capital Stock EOY | 1380063 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 17000 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 17000 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 393982 | RetainedEarningsBOY |
| Retained Earnings EOY | 392096 | RetainedEarningsEOY |
| Total Net Assets BOY | 1791045 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1789159 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1791045 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1789159 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1791045 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -1886 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 1789159 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 1789159 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (6 entries)
| Description Of AssetDescriptionOfAsset | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired |
|---|---|---|---|---|---|---|---|
| SMALLCAP WORLD FUND (1,284 SH) | 1999-08-09 | 2012-03-27 | 50000 | 38801 | 11199 | 11199 | |
| SMALLCAP WORLD FUND (383 SH) | 1999-08-09 | 2012-10-12 | 15000 | 11572 | 3428 | 3428 | |
| THE INVESTMENT COMPANY OF AMERICA (491 SH) | 1999-08-09 | 2012-10-12 | 15000 | 15678 | -678 | -678 | |
| THE BOND FUND OF AMERICA (1,541 SH) | 1999-08-09 | 2012-10-12 | 20000 | 20015 | -15 | -15 | |
| US GOVERNMENT SECURITIES FUND (7,755 SH) | 1999-08-09 | 2012-03-27 | 111280 | 98050 | 13230 | 13230 | |
| CAPITAL GAINS DIVIDENDS | 3752 | 3752 | 3752 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 30916 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 93635 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 2486685 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.037655 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 88050 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1867226 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.047156 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 105269 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1843755 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.057095 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 100365 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 2028020 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.049489 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 81500 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 2177522 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.037428 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.228823 | TotalDistributionRatio |
| Average Distribution Ratio | 0.045765 | AverageDistributionRatio |
| Net Noncharitable Assets | 2492394 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 114064 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1203 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 115267 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 119935 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 1203 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 1203 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 1203 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 1880 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 1880 | TotalCreditsAndPayments |
| Overpayment | 677 | Overpayment |
| Amount Credited To Next Year | 677 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NE | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 1 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | MCDERMOTT MILLER PC | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 4024624154 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 747 N BURLINGTON SUITE 401 | AddressLine1 |
| City | HASTINGS | City |
| State | NE | State |
| ZIP Code | 68901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 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 |
|---|---|---|---|---|---|---|---|---|
| LLOYD H ELLIS JR | ||||||||
| 32250 WOODSDALE LANE | SOLON | OH | 44139 | PRESIDENT/TRUSTEE | 3.00 | 0 | 0 | 0 |
| EVA ELLIS | ||||||||
| 32250 WOODSDALE LANE | SOLON | OH | 44139 | SECRETARY/TRUSTEE | 3.00 | 0 | 0 | 0 |
| PETER ELLIS | ||||||||
| 5422 GRACE DR | MENTOR | OH | 44060 | VICE PRESIDENT/TRUSTEE | 0.50 | 0 | 0 | 0 |
| AMANDA ELLIS-THURBER | ||||||||
| 264 AMES HILL RD | BRATTLEBORO | VT | 05301 | TREASURER/TRUSTEE | 0.50 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1537162 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 43221 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 949966 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 2530349 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 2530349 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 37955 | CashDeemedCharitable |
| Net Noncharitable Assets | 2492394 | NetNoncharitableAssets |
| Minimum Investment Return | 124620 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 124620 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 1203 | TaxBasedOnInvestmentIncome |
| Total Tax | 1203 | TotalTax |
| Distributable Amount Before Adj | 123417 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 123417 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 123417 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 119935 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 119935 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 1203 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 118732 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 123417 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 111447 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 119935 | QualifyingDistributions |
| Applied To Year1 | 111447 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 8488 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 0 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 114929 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 0 | ExcessDistriCyovToNextYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | LLOYD H EVA ELLIS JR | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 32250 WOODSDALE LANE | AddressLine1 |
| City | SOLON | City |
| State | OH | State |
| ZIP Code | 44139 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2164983914 | RecipientPhoneNumber |
| Form And Info And Materials | FOR SCHOLARSHIP APPLICATIONS: WRITTEN APPLICATION. FOR ALL OTHER CHARITABLE GRANTS: WRITTEN OR ORAL APPLICATION. | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | SCHOLARSHIP FOR GRADUATE STUDENTS: LIMITED TO NEBRASKA RESIDENTS WHO ARE ENROLLED IN A GRADUATE PROGRAM OR OTHER ADVANCED STUDY IN PROFESSIONAL, ARTS, SCIENCES, OR EQUIVALENT BACK- GROUNDS AT AN EDUCATIONAL INSTITUTION LOCATED WITHIN OR OUTSIDE THE UNITED STATES. CANDIDATES MUST RANK IN THE UPPER 10% OF THEIR UNDERGRADUATE CLASS TO BE ELIGIBLE FOR THE AWARD. SCHOLARSHIP FOR UNDERGRADUATE STUDENTS: FULL TIME STUDENT ACTIVELY PURSUING DEGREE. ALL OTHER CHARITABLE GRANTS: SCHOOLS, CIVIC ORGANIZATIONS, PUBLIC ORGANIZATIONS, CHURCHES, AND OTHER ENTITIES WHICH ARE QUALIFIED EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| HASTINGS COLLEGE FOUNDATION | |||||||
| 11422 MIRACLE HILLS DR 550 | OMAHA | NE | 68154 | N/A | 501(C)(3) | SCHOLARSHIPS | $25,000 |
| HASTINGS COMMUNITY FOUNDATIONINC | |||||||
| PO BOX 703 | HASTINGS | NE | 68902 | N/A | 509(A)(1) | EDUCATIONAL (INCLUDING SCHOLARSHIPS) AND CHARITABLE | $86,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 111500 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $28 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $38,552 | ExclusionAmount |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $51,799 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Code | 900099 | BusinessCode |
| Unrelated Business Income | $27,164 | UnrelatedBusinessIncomeAmount |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $3,752 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $27,164 | UnrelatedBusinessIncomeAmount |
| Exclusion | $94,131 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 121295 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MCDERMOTT & MILLER, P.C. - PREPARATION OF FORM 990-PF; TAX PLANNING | Category |
| Amount | $8,435 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 8435 | DisbursementsCharitablePrps |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OWNER ADVISED FUND DISTRIBUTIONS | Identifier |
| Return Reference | PART VII-A, LINE 12 | ReturnReference |
| Explanation | THE JEFFERY WALLACE ELLIS TRUST, A PRIVATE FOUNDATION DID TREAT DISTRIBUTIONS TO A DONOR ADVISED FUND OF THE HASTINGS COMMUNITY FOUNDATION AS QUALIFYING DISTRIBUTIONS. THOSE FUNDS CONSISTENT WITH IRC SECTION 170(C)(2)(B) WILL BE USED TO SUPPORT EDUCATION CONSISTENT WITH THE SCHOLARSHIP POLICY OF THE JEFFERY WALLACE ELLIS FOUNDATION AND OTHER CHARITABLE PURPOSES AS THE HASTINGS COMMUNITY FOUNDATION DECIDES.THE HASTINGS COMMUNITY FOUNDATION HAS FINAL APPROVAL (AND EXERCISES EXPENDITURE RESPONSIBILITY) OVER ANY DISTRIBUTIONS FROM THE FUND AND FURTHER AS A PART OF THE DONOR ADVISED AGREEMENT AND PURPOSES OF THE HASTINGS COMMUNITY FOUNDATION DISTRIBUTIONS CAN ONLY BE MADE FOR PURPOSES PROVIDED FOR UNDER IRC SECTION 170(C) INCLUDING IRC SECTION 170(C)(2)(B).NO PERSON INVOLVED WITH THE PRIVATE FOUNDATION, THE DONOR ADVISED FUND OR ANY OTHER PERSON DESCRIBED IN SECTION 4958(F)(7) RECEIVED ANY DIRECT OR INDIRECT BENEFIT FROM ANY DISTRIBUTION FROM EITHER THE PRIVATE FOUNDATION OR THE DONOR ADVISED FUND.UNDER THE TERMS OF THE DONOR ADVISED AGREEMENT WITH THE HASTINGS COMMUNITY FOUNDATION ANNUAL FINANCIAL REPORTS ARE TO BE GIVEN TO THE JEFFERY WALLACE ELLIS TRUST INCLUDING DISTRIBUTIONS MADE UNDER THE TERMS OF THE AGREEMENT. | Explanation |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLand (3 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| IRRIGATION PUMP | 11990 | 11990 | 0 |
| 80HP JOHNSON GEARHEAD | 1969 | 1969 | 0 |
| LAND-FARM#20, ADAMS COUNTY, NE | 293339 | 0 | 293339 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (11 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| EURO PACIFIC GROWTH FUND-A | FMV | 130330 | 157803 |
| THE GROWTH FUND OF AMERICA-A | FMV | 112560 | 146725 |
| SMALLCAP WORLD FUND-A | FMV | 46309 | 61145 |
| THE INVESTMENT COMPANY OF AMERICA-A | FMV | 148552 | 140462 |
| CAPITAL INCOME BUILDER-A | FMV | 107875 | 121693 |
| AMERICAN HIGH-INCOME TRUST-A | FMV | 105203 | 96092 |
| THE BOND FUND OF AMERICA-A | FMV | 172298 | 171768 |
| CAPITAL WORLD BOND FUND-A | FMV | 117192 | 139330 |
| INTERMEDIATE BOND FUND OF AMERICA-A | FMV | 264448 | 274853 |
| INCOME FUND OF AMERICA | FMV | 126779 | 119341 |
| SHORT-TERM BOND FUND OF AMERICA | FMV | 111280 | 111170 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $568 | Amount |
| Net Investment Income | 568 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED COOP EQUITY | Description |
| BOY Book Value | 868 | BOYBookValue |
| EOY Book Value | 859 | EOYBookValue |
| EOYFMV | 859 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (11 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| PENALTY | 12 | 0 | 0 |
| FARM MANAGEMENT FEES | 6932 | 6932 | 0 |
| INSURANCE | 1128 | 1128 | 0 |
| MISCELLANEOUS | 30 | 30 | 0 |
| GRAIN TAX | 113 | 113 | 0 |
| REAL ESTATE TAXES | 7640 | 7640 | 0 |
| PERSONAL PROPERTY TAXES | 22 | 22 | 0 |
| MACHINE HIRE | 50 | 50 | 0 |
| DRYING | 23 | 23 | 0 |
| STORAGE AND HANDLING | 524 | 524 | 0 |
| REPAIRS & MAINTENANCE | 1080 | 1080 | 0 |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAX | $409 | 409 | 0 |
| FEDERAL EXCISE TAX | $2,257 | 0 | 0 |
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