THE WESSEL FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE WESSEL FOUNDATION (EIN 43-1944939)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-14
IRS object ID
201201359349101535
Schema version
2011v1.2
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)
Timestamp2012-05-14T10:38:40-07:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CORLEY LAW FIRM PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1999 EXECUTIVE PARKWAY DR STE 104AddressLine1
CitySAINT LOUISCity
StateMOState
ZIP Code63141ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN431944939EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE WESSEL FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlWESSNameControl
Phone3145900001Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14805 OAKRIDGE PARK COURTAddressLine1
CityST LOUISCity
StateMOState
ZIP Code63129ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJ SCOTT WESSELName
TitleTRUSTEETitle
Phone3145900001Phone
Date Signed2012-05-03DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJAYNE D CORLEYName
Phone3145900001Phone
Date Prepared2012-05-14DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY140830FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss2321DividendsRevAndExpnss
Dividends Net Invst Incm2321DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses2321TotalRevenueAndExpenses
Total Net Investment Income2321TotalNetInvestmentIncome
Accounting Fees Rev And Expnss736AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm736AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps736AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss12OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm12OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss748TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm748TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps736TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss7000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps7000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss7748TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm748TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps7736TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-5427ExcessOfRevenueOverExpenses
Net Investment Income1573NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash EOY506CashEOY
Cash EOYFMV506CashEOYFMV
Savings And Temp Cash Invst BOY5678SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY764SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV764SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY45300InvestmentsCorpStockBOY
Investments Corp Stock EOY45300InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV139560InvestmentsCorpStockEOYFMV
Total Assets BOY50978TotalAssetsBOY
Total Assets EOY46570TotalAssetsEOY
Total Assets EOYFMV140830TotalAssetsEOYFMV
Loans From Officers BOY1172LoansFromOfficersBOY
Loans From Officers EOY1690LoansFromOfficersEOY
Other Liabilities EOY500OtherLiabilitiesEOY
Total Liabilities BOY1172TotalLiabilitiesBOY
Total Liabilities EOY2190TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY49806UnrestrictedBOY
Unrestricted EOY44380UnrestrictedEOY
Total Net Assets BOY49806TotalNetAssetsBOY
Total Net Assets EOY44380TotalNetAssetsEOY
Total Liabilities Net Assets BOY50978TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY46570TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY49806TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-5427ExcessOfRevenueOverExpenses
Other Increases1OtherIncreases
Subtotal44380Subtotal
Total Net Assets Fund Balances EOY44380TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year17288QualifyingDistributionsYear1
Noncharitable Assets Year1135297NoncharitableAssetsYear1
Distribution Ratio Year10.053867DistributionRatioYear1
Qualifying Distributions Year26879QualifyingDistributionsYear2
Noncharitable Assets Year2118062NoncharitableAssetsYear2
Distribution Ratio Year20.058266DistributionRatioYear2
Qualifying Distributions Year35581QualifyingDistributionsYear3
Noncharitable Assets Year3125557NoncharitableAssetsYear3
Distribution Ratio Year30.044450DistributionRatioYear3
Qualifying Distributions Year46400QualifyingDistributionsYear4
Noncharitable Assets Year4114128NoncharitableAssetsYear4
Distribution Ratio Year40.056077DistributionRatioYear4
Qualifying Distributions Year56000QualifyingDistributionsYear5
Noncharitable Assets Year5116506NoncharitableAssetsYear5
Distribution Ratio Year50.051499DistributionRatioYear5
Total Distribution Ratio0.264159TotalDistributionRatio
Average Distribution Ratio0.052832AverageDistributionRatio
Net Noncharitable Assets132739NetNoncharitableAssets
Adjusted Noncharitable Assets7013AdjustedNoncharitableAssets
One Percent Net Investment Income16OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One7029AdjNonchrtblAssetsAndOnePct
Qualifying Distributions7736QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax16InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal16Subtotal
Tax Based On Investment Income16TaxBasedOnInvestmentIncome
Tax Paid Original Return0TaxPaidOriginalReturn
Tax Due16TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

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
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameJ SCOTT WESSELBooksInCareOfPersonName
Books In Care Of Phone Number3145900001BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line14805 OAKRIDGE PARK COURT STAddressLine1
CityLOUISCity
StateMOState
ZIP Code63149ZIPCode
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
Uncorrected Prior ActsfalseUncorrectedPriorActs
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
J SCOTT WESSEL
4805 OAKRIDGE PARK CTST LOUISMO63129President2.00000
KATHLEEN M WESSEL
4805 OAKRIDGE PARK CTST LOUISMO63129Secretary/Treasurer1.00000
JENNIFER A KRINER
7911 SANTOLINA DRIVEINDIANAPOLISIN46237V.P. OF PUBLIC RELAT1.00000
AMY A WESSEL
3507 N RETA AVENUE UNIT 1CHICAGOIL60657V.P. of Operations1.00000
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)
Description1Contributions to locally based non-profit organizations engaged in religious ministry and charitable communityservices such as the provision of housing needs for underprivledged and homelessDescription1
Expenses17000Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities134760AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets134760TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets134760AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable2021CashDeemedCharitable
Net Noncharitable Assets132739NetNoncharitableAssets
Minimum Investment Return6637MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return6637MinimumInvestmentReturn
Tax Based On Investment Income16TaxBasedOnInvestmentIncome
Total Tax16TotalTax
Distributable Amount Before Adj6621DistributableAmountBeforeAdj
Distributable Amount Before Ded6621DistributableAmountBeforeDed
Distributable Amount As Adjusted6621DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions7736ExpensesAndContributions
Qualifying Distributions7736QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm16OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions7720AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted6621DistributableAmountAsAdjusted
Excess Distri Carryover Year5234ExcessDistriCarryoverYear5
Excess Distri Carryover Year4701ExcessDistriCarryoverYear4
Excess Distri Carryover Year34625ExcessDistriCarryoverYear3
Excess Distri Carryover Year2998ExcessDistriCarryoverYear2
Excess Distri Carryover Year1547ExcessDistriCarryoverYear1
Total Excess Distri Carryover7105TotalExcessDistriCarryover
Qualifying Distributions7736QualifyingDistributions
Applied To Current Year6621AppliedToCurrentYear
Remaining Distri From Corpus1115RemainingDistriFromCorpus
Total Corpus8220TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5234ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year7986ExcessDistriCyovToNextYear
Excess From Year4701ExcessFromYear4
Excess From Year34625ExcessFromYear3
Excess From Year2998ExcessFromYear2
Excess From Year1547ExcessFromYear1
Excess From Current Year1115ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJ SCOTT WESSEL CONTRIBUTED ASSETS 5ContributingManager
Contributing ManagerJ SCOTT WESSEL CONTRIBUTED ASSETS 5ContributingManager
Shareholder ManagerNONEShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
NURSES FOR NEWBORNS
7259 LANSDOWNE 100ST LOUISMO63119501c3charitable$500
OUR LADY'S INN
4223 SOUTH COMPTON AVEST LOUISMO63111501c3childrencharitableWomen's Shelter$500
LOYOLA ACADEMY
3854 WASHINGTON BLVDST LOUISMO63108501c3educationcharitable$500
URSULINE ACADEMY
341 S SAPPINGTON ROADST LOUISMO63122501c3educationcharitable$1,000
SISTERS OF LORETTO HISPANIC MINISTRY
4616 MURDOCH CUT OFFST LOUISMO63119501c3religiouscharitableaid to minorities$1,000
DE LA SALLE MIDDLE SCHOOL
4145 KENNERLY AVEST LOUISMO63113501c3educationcharitable$500
MARIAN MIDDLE SCHOOL
4130 WYOMING STST LOUISMO63116501c3educationalcharitable$500
VILLAGE OF THE BLUE ROSE
12533 HIGHWAY 79CLARKSVILLEMO63336501c3Devel.DisabledcharitableAdult Housing$500
NOTRE DAME MIDDLE SCHOOL
1420 SCOTT STREETMILWAUKEEWI53204501c3educationalcharitable$500
ST CECILIA PARISH
5418 LOUISIANAST LOUISMO63111501c3religious$1,000
ST LOUIS LEARNING DISABILITIES ASSOC
13573 BARRETT PARKWAY DR STE 110BALLWINMO63021501c3educationalcharitable$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year7000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2,321ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$2,321ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA2321TotalPartXVIA

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockMorgan Stanley Smith Barney: 5964232812351NameOfStock
EOY Book Value45300EOYBookValue
EOYFMV139560EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionPer 2010 990PFDescription
Revenue And Expenses Per Books12RevenueAndExpensesPerBooks
Net Investment Income12NetInvestmentIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
Descriptionrounding adj.Description
Amount$1Amount

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