VALLEY NEWS CHARITY FUND: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: VALLEY NEWS CHARITY FUND (EIN 36-3339339)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-03-12
IRS object ID: 201210729349100111
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
Form 990-PF
Accounting Fees Schedule
Investments Corp Stock Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-03-12T15:47:10-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	450250958	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EIDE BAILLY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1911 EXCEL DRIVE	AddressLine1
City	MANKATO	City
State	MN	State
ZIP Code	56001	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	363339339	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VALLEY NEWS CHARITY FUND	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VALL	NameControl
Phone	5073454819	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1305 STADIUM ROAD	AddressLine1
City	MANKATO	City
State	MN	State
ZIP Code	56001	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TROY LEIFERMAN	Name
Title	PRESIDENT	Title
Phone	5073454819	Phone
Date Signed	2012-03-06	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MEREDITH MENDEN	Name
PTIN	P00633373	PTIN
Phone	5073876031	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	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	771307	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	1600	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	34789	DividendsRevAndExpnss
Dividends Net Invst Incm	34789	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	-22406	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	140245	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	13983	TotalRevenueAndExpenses
Total Net Investment Income	34789	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
Accounting Fees Rev And Expnss	1600	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	800	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	800	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	696	TaxesRevAndExpnss
Taxes Net Invst Incm	0	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	75	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	0	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	25	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	2371	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	800	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	825	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	21000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	21000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	23371	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	800	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	21825	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-9388	ExcessOfRevenueOverExpenses
Net Investment Income	33989	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	3862	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	3671	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	3671	SavingsAndTempCashInvstEOYFMV
Prepaid Expenses EOY	64	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	64	PrepaidExpensesEOYFMV
Investments Corp Stock BOY	924944	InvestmentsCorpStockBOY
Investments Corp Stock EOY	915394	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	767572	InvestmentsCorpStockEOYFMV
Total Assets BOY	928806	TotalAssetsBOY
Total Assets EOY	919129	TotalAssetsEOY
Total Assets EOYFMV	771307	TotalAssetsEOYFMV
Accounts Payable BOY	289	AccountsPayableBOY
Total Liabilities BOY	289	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	928517	RetainedEarningsBOY
Retained Earnings EOY	919129	RetainedEarningsEOY
Total Net Assets BOY	928517	TotalNetAssetsBOY
Total Net Assets EOY	919129	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	928806	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	919129	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	928517	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-9388	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	919129	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	919129	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
PUBLICLY TRADED SECURITIES	P	133458	162651	-29193	-29193
CAPITAL GAINS DIVIDENDS	P	6787		6787	6787

Field	Value	IRS element (for citing)
Capital Gain Net Income	-22406	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	20923	QualifyingDistributionsYear1
Noncharitable Assets Year1	740796	NoncharitableAssetsYear1
Distribution Ratio Year1	0.028244	DistributionRatioYear1
Qualifying Distributions Year2	21740	QualifyingDistributionsYear2
Noncharitable Assets Year2	615818	NoncharitableAssetsYear2
Distribution Ratio Year2	0.035303	DistributionRatioYear2
Qualifying Distributions Year3	29935	QualifyingDistributionsYear3
Noncharitable Assets Year3	771359	NoncharitableAssetsYear3
Distribution Ratio Year3	0.038808	DistributionRatioYear3
Qualifying Distributions Year4	81991	QualifyingDistributionsYear4
Noncharitable Assets Year4	948851	NoncharitableAssetsYear4
Distribution Ratio Year4	0.086411	DistributionRatioYear4
Qualifying Distributions Year5	36088	QualifyingDistributionsYear5
Noncharitable Assets Year5	935630	NoncharitableAssetsYear5
Distribution Ratio Year5	0.038571	DistributionRatioYear5
Total Distribution Ratio	0.227337	TotalDistributionRatio
Average Distribution Ratio	0.045467	AverageDistributionRatio
Net Noncharitable Assets	798045	NetNoncharitableAssets
Adjusted Noncharitable Assets	36285	AdjustedNoncharitableAssets
One Percent Net Investment Income	340	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	36625	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	21825	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	680	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	680	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	680	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	760	EstTaxPaymentsAndOverpayment
Total Credits And Payments	760	TotalCreditsAndPayments
Overpayment	80	Overpayment
Amount Credited To Next Year	80	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	MN	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	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	NANCY NICKELS	BooksInCareOfPersonName
Books In Care Of Phone Number	5073454819	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1305 STADIUM ROAD	AddressLine1
City	MANKATO	City
State	MN	State
ZIP Code	56001	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 (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
TROY LEIFERMAN
1305 STADIUM ROAD	MANKATO	MN	56001	PRESIDENT	1.00	0	0	0
MARGARET LEIFERMAN
1305 STADIUM ROAD	MANKATO	MN	56001	SECRETARY	1.00	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

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	N/A	Description1
Expenses1	0	Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1
Amount1	0	Amount1
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	797350	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	12848	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	810198	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	810198	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	12153	CashDeemedCharitable
Net Noncharitable Assets	798045	NetNoncharitableAssets
Minimum Investment Return	39902	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	39902	MinimumInvestmentReturn
Tax Based On Investment Income	680	TaxBasedOnInvestmentIncome
Total Tax	680	TotalTax
Distributable Amount Before Adj	39222	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	39222	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	39222	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	21825	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	21825	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	21825	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	39222	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year4	6004	ExcessDistriCarryoverYear4
Total Excess Distri Carryover	6004	TotalExcessDistriCarryover
Qualifying Distributions	21825	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	21825	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	6004	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	6004	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	11393	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

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (36 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
AMERICAN CANCER SOCIETY
2900 43RD STREET NW	ROCHESTER	MN	55901	N/A	PUBLIC CHARITY	PINK RIBBON BREAST CANCER FUND	$425
ASA
110 EAST LIBERTY	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$750
ALS ASSOCIATION
1275 K STREET NW SUITE 1050	WASHINGTON	DC	20005	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$100
BLUE EARTH NICOLLET COUNTY HUMANE SOCIETY
517 MADISON AVENUE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	BUILDING FUND	$500
CADA
100 STADIUM ROAD	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$250
ECHO FOOD SHELF
614 NORTH SECOND STREET	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$250
EDUCARE FOUNDATION
PO BOX 241	MANKATO	MN	56001	N/A	PUBLIC FOUNDATION	NON RESTRICTED GENERAL FUND	$1,675
FELLOWSHIP OF CHRISTIAN ATHLETES
PO BOX 3581	NORTH MANKATO	MN	56003	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$300
HABITAT FOR HUMANITY
1751 BASSETT DRIVE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$200
HIGH SCHOOL GRADUATION CELEBRATION
PO BOX 3714	MANKATO	MN	56001	N/A	SCHOOL	ANY ITEMS NEEDED	$200
HOLY ROSARY CATHOLIC CHURCH
546 GRANT AVENUE	NORTH MANKATO	MN	56003	N/A	CHURCH	NON RESTRICTED GENERAL FUND	$200
JUNIOR ACHIEVEMENT
210 LIME STREET	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$500
KNIGHTS OF AK-SAR-BEN FOUNDATION
8707 WEST CENTER ROAD SUITE 101	OMAHA	NE	68124	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$1,500
MANKATO AREA FOUNDATION
1 CIVIC CENTER PLAZA 200	MANKATO	MN	56001	N/A	PUBLIC FOUNDATION	VISION VESTORS	$500
MANKATO AREA HOCKEY ASSOCIATION
116 QUINION DRIVE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$400
MANKATO AREA UNITED WAY
101 N 2ND STREET SUITE 100	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$1,000
MANKATO DOWNTOWN KIWANIS CLUB
PO BOX 733	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$100
MANKATO FAMILY YMCA
1401 SOUTH RIVERFRONT DRIVE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	YMCA STRONG KIDS CAMPAIGN/NON RESTRICTED GENERAL FUN	$1,500
MARCH OF DIMES - MN CHAPTER
107 NORTH SECOND STREET SUITE 103	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$100
MAYBA
1925 HAUGHTON AVENUE	NORTH MANKATO	MN	56003	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$200
MINNESOTA ELEMENTARY SCHOOL PRINCIPALS' ASSOCIATIONTWENTY FIVE YEAR CLUB
1667 SNELLING AVE N SUITE C101	ST PAUL	MN	55108	N/A	501(C)(6)	NON RESTRICTED GENERAL FUND	$400
MINNESOTA STATE UNIVERSITY
135 MYERS FIELD HOUSE	MANKATO	MN	56001	N/A	SCHOOL	NON RESTRICTED GENERAL FUND	$3,000
RIVERBLENDERS
GOOD COUNSEL HILL	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$50
SOUTH CENTRAL COLLEGE - MANKATO FOUNDATION
1920 LEE BOULEVARD	NORTH MANKATO	MN	56003	N/A	PUBLIC FOUNDATION	NON RESTRICTED GENERAL FUND	$500
SWEET ADELINES
1208 ROCKBEND PARKWAY	ST PETER	MN	56082	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$100
THE HOLIDAY SHARING TREE
PO BOX 4261	MANKATO	MN	56002	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$500
SALVATION ARMY OF MANKATO
700 SOUTH RIVERFRONT DRIVE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$500
TWIN VALLEY COUNCIL BOY SCOUTS
810 MADISON AVENUE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$500
VINE
1618 THIRD AVENUE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$200
LOYOLA CATHOLIC SCHOOL
145 GOOD COUNSEL DRIVE	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$800
MAYO HEALTH
1025 MARSH STREET	MANKATO	MN	560028673	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$1,300
MESSIAH LUTHERAN CHURCH
1706 LEE BLVD	NORTH MANKATO	MN	56003	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$500
ISD #77
PO BOX 8741	MANKATO	MN	560028741	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$250
TEE IT UP FOR THE TROOPS
2422 EAST 117TH STREET 102	BURNSVILLE	MN	55337	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$1,000
UNIVERSITY OF ST THOMAS
2114 SUMMIT AVE	ST PAUL	MN	55105	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$250
MANKATO YWCA
500 SOUTH BROAD STREET	MANKATO	MN	56001	N/A	PUBLIC CHARITY	NON RESTRICTED GENERAL FUND	$500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	21000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$34,789	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	-$22,406	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$12,383	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	12383	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	ACCOUNTING FEES	Category
Amount	$1,600	Amount
Net Investment Income	800	NetInvestmentIncome
Disbursements Charitable Prps	800	DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (8 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
DAVIS NEW YORK VENTURE CLASS A	147533	120934
FRANKLIN INCOME FUND CLASS A	212718	175582
JOHN HANCOCK DISCIPLINED VALUE	91901	56732
LORD ABBETT DEVELOPING GROWTH	59168	54005
MUTUAL SERIES SHARES CLASS A	92888	71006
PIMCO TOTAL RETURN CLASS C	130154	129031
PIMCO COMMODITY REAL RETURN STRATEGY	56051	39255
VANGUARD CONVERTIBLE	124981	121027

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES	75	0
MN FILING FEES	25	25
MISCELLANEOUS EXPENSE	-25	0

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	FEDERAL TAX ESTIMATES	Category
Amount	$696	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

VALLEY NEWS CHARITY FUND: Form 990PF, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (36 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (8 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes

Comments