MICHAEL J TENNANT CHARITABLE FUND: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MICHAEL J TENNANT CHARITABLE FUND (EIN 93-1246876)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-15
- IRS object ID
- 201221369349101752
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T10:40:34-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Harrigan Price Fronk & Co LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 975 SW Colorado Ave Suite 200 | AddressLine1 |
| City | Bend | City |
| State | OR | State |
| ZIP Code | 97702 | 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 | 931246876 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michael J Tennant Charitable Fund | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MICH | NameControl |
| Phone | 5413880086 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 532 SW 13th St | AddressLine1 |
| City | Bend | City |
| State | OR | State |
| ZIP Code | 97702 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael J Tennant | Name |
| Title | President | Title |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WESLEY B PRICE III | Name |
| Phone | 5413824791 | Phone |
| Self Employed | X | SelfEmployed |
| 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 | 1060919 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
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 | 572 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 572 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 572 | InterestOnSavingsAdjNetIncm |
| Other Income Rev And Expnss | 25245 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 25245 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 25817 | TotalRevenueAndExpenses |
| Total Net Investment Income | 25817 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 572 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 395 | AccountingFeesRevAndExpnss |
| Taxes Rev And Expnss | 520 | TaxesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 915 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 29400 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 29400 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 30315 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 29400 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -4498 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 25817 | NetInvestmentIncome |
| Adjusted Net Income | 572 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 89946 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 145740 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 145740 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Receivable | 915179 | OtherNotesAndLoansReceivable |
| Other Notes And Loans Rcvbl BOY | 975471 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 915179 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 915179 | OtherNotesAndLoansRcvblEOYFMV |
| Total Assets BOY | 1065417 | TotalAssetsBOY |
| Total Assets EOY | 1060919 | TotalAssetsEOY |
| Total Assets EOYFMV | 1060919 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1065417 | UnrestrictedBOY |
| Unrestricted EOY | 1060919 | UnrestrictedEOY |
| Total Net Assets BOY | 1065417 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1060919 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1065417 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1060919 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1065417 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -4498 | ExcessOfRevenueOverExpenses |
| Subtotal | 1060919 | Subtotal |
| Total Net Assets Fund Balances EOY | 1060919 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 30200 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1061668 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.02845 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 8600 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1028097 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.00837 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 33750 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1066934 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.03163 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 80200 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 931374 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.08611 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 107350 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 919036 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.11681 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.27136 | TotalDistributionRatio |
| Average Distribution Ratio | 0.05427 | AverageDistributionRatio |
| Net Noncharitable Assets | 1059105 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 57480 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 258 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 57738 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 29400 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 516 | InvestmentIncomeExciseTax |
| Subtotal | 516 | Subtotal |
| Tax Based On Investment Income | 516 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 800 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 800 | TotalCreditsAndPayments |
| Overpayment | 284 | Overpayment |
| Amount Credited To Next Year | 284 | AmountCreditedToNextYear |
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 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | OR | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | 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 Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RL White | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 5413880086 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 532 SW 13th Suite 200 | AddressLine1 |
| City | BEND | City |
| State | OR | State |
| ZIP Code | 97702 | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| 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 |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
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 |
|---|---|---|---|---|---|---|
| Wesley B Price III | ||||||
| 975 SW Colorado Suite 200 | Bend | OR | 97702 | Director | 0.00 | 0 |
| Ron L White | ||||||
| 532 SW 13th Suite 200 | Bend | OR | 97702 | Director | 0.00 | 0 |
| Adele Tennant | ||||||
| 532 SW 13th Suite 200 | Bend | OR | 97702 | Director | 0.00 | 0 |
| Michael J Tennant | ||||||
| 532 SW 13th Suite 200 | Bend | OR | 97702 | President | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 119595 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 955639 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1075234 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 1075234 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 16129 | CashDeemedCharitable |
| Net Noncharitable Assets | 1059105 | NetNoncharitableAssets |
| Minimum Investment Return | 52955 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 52955 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 516 | TaxBasedOnInvestmentIncome |
| Total Tax | 516 | TotalTax |
| Distributable Amount Before Adj | 52439 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 52439 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 52439 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 29400 | ExpensesAndContributions |
| Qualifying Distributions | 29400 | QualifyingDistributions |
| Adj Qualifying Distributions | 29400 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 52439 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 43033 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 36697 | ExcessDistriCarryoverYear4 |
| Total Excess Distri Carryover | 79730 | TotalExcessDistriCarryover |
| Qualifying Distributions | 29400 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 29400 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 23039 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 23039 | ExcessDistriCyovAppliedCY |
| Total Corpus | 56691 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 19994 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 36697 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 36697 | ExcessFromYear4 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Michael J Tennant | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| ABILITREE | |||||||
| PO BOX 9425 | BEND | OR | 97708 | n/a | Public | UNRESTRICTED | $2,000 |
| ART IN PUBLIC PLACES | |||||||
| PO BOX 656 | BEND | OR | 97708 | n/a | Public | UNRESTRICTED | $2,500 |
| JESUIT HIGH SCHOOL | |||||||
| 9000 SW BEAVERTON-HILLSDALE HWY | PORTLAND | OR | 97225 | n/a | SCHOOL | UNRESTRICTED | $300 |
| MANA CHRISTIAN OHANA | |||||||
| PO Box 437478 | KAMUELA | HI | 96743 | n/a | Public | UNRESTRICTED | $2,500 |
| CASA | |||||||
| 100 WEST HARRISON STREET STE 500 | SEATTLE | WA | 98119 | n/a | Public | UNRESTRICTED | $500 |
| PROVIDENCE CHILD CENTER | |||||||
| 830 NE 47TH AVE | PORTLAND | OR | 97213 | n/a | Public | UNRESTRICTED | $1,000 |
| Westside Church | |||||||
| 2051 NW Shevlin Park Rd | Bend | OR | 97701 | n/a | Public | Unrestricted | $20,000 |
| Miscellaneous | |||||||
| N/A | Bend | OR | 97701 | n/a | n/a | Unrestricted | $600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 29400 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $572 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other investment income | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $25,245 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $25,817 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 25817 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $395 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other investment income | Description |
| Revenue And Expenses Per Books | 25245 | RevenueAndExpensesPerBooks |
| Net Investment Income | 25245 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount |
|---|---|
| State Income Tax | $131 |
| State Filing fees | $50 |
| Federal Income Tax | $339 |
Comments