BRASS FAMILY FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BRASS FAMILY FOUNDATION (EIN 20-8084679)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-27
- IRS object ID
- 201101479349100500
- Schema version
- 2010v3.2
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-27T08:26:15-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 200 EAST 10TH ST PO BOX 5125 | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 571175125 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208084679 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BRASS FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRAS | NameControl |
| Phone | 6056470318 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LORIN BRASS | Name |
| Title | PRESIDENT | Title |
| Phone | 6056470318 | Phone |
| Date Signed | 2011-05-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE HANSON | Name |
| Phone | 6053391999 | Phone |
| Date Prepared | 2011-05-24 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 1991989 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 150000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 683 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 683 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 49117 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 49117 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -3697 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 3613491 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 2078 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 2078 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 198181 | TotalRevenueAndExpenses |
| Total Net Investment Income | 51878 | 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 | 1320 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 1320 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 328 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 18731 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 18616 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 115 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 20379 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 18616 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1435 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 109200 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 109200 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 129579 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 18616 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 110635 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 68602 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 33262 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 167640 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 57718 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 57718 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 960242 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 50310 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 58440 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 523935 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 755080 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 737100 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 217550 | InvestmentsOtherBOY |
| Investments Other EOY | 1074955 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 1138731 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 271 | OtherAssetsBOY |
| Other Assets EOY | 0 | OtherAssetsEOY |
| Other Assets EOYFMV | 0 | OtherAssetsEOYFMV |
| Total Assets BOY | 1869638 | TotalAssetsBOY |
| Total Assets EOY | 1938063 | TotalAssetsEOY |
| Total Assets EOYFMV | 1991989 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | 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 | 1869638 | RetainedEarningsBOY |
| Retained Earnings EOY | 1938063 | RetainedEarningsEOY |
| Total Net Assets BOY | 1869638 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1938063 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1869638 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1938063 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1869638 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 68602 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 1938240 | Subtotal |
| Other Decreases | 177 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 1938063 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|
| INVESTMENT ACTIVITY | P | 3081727 | 3040387 | 41340 | 41340 |
| INVESTMENT ACTIVITY | P | 521115 | 576801 | -55686 | -55686 |
| CAPITAL GAINS DIVIDENDS | P | 10649 | 10649 | 10649 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -3697 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 86686 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1626420 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.053299 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 76625 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1640990 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.046694 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 55554 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1604586 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.034622 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 0 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 37749 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.0 | DistributionRatioYear4 |
| Total Distribution Ratio | 0.134615 | TotalDistributionRatio |
| Average Distribution Ratio | 0.033654 | AverageDistributionRatio |
| Net Noncharitable Assets | 1857672 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 62518 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 333 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 62851 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 110635 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 333 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 333 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 333 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 320 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 330 | TaxPaidWithExtension |
| Total Credits And Payments | 650 | TotalCreditsAndPayments |
| Overpayment | 317 | Overpayment |
| Amount Credited To Next Year | 317 | 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 | SD | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | 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 | LORIN L BRASS | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6056470318 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| LORIN L BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | PRESIDENT | 4.00 | 0 | 0 | 0 |
| MARY H BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | SECRETARY/TREASURER | 4.00 | 0 | 0 | 0 |
| KATHERINE M SHEPHARD | ||||||||
| 197 KENT STREET 4 | ST PAUL | MN | 55102 | OFFICER | 1.00 | 0 | 0 | 0 |
| JENNIFER L BRASS | ||||||||
| 719 GRAND AVE APT 3B | ST PAUL | MN | 55105 | OFFICER | 1.00 | 0 | 0 | 0 |
| MARY G BRASS | ||||||||
| 46652 278TH STREET | LENNOX | SD | 57039 | OFFICER | 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 |
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 | 1820134 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 65827 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1885961 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 1885961 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 28289 | CashDeemedCharitable |
| Net Noncharitable Assets | 1857672 | NetNoncharitableAssets |
| Minimum Investment Return | 92884 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 92884 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 333 | TaxBasedOnInvestmentIncome |
| Total Tax | 333 | TotalTax |
| Distributable Amount Before Adj | 92551 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 92551 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 92551 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 110635 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 110635 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 333 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 110302 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 92551 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 22922 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 110635 | QualifyingDistributions |
| Applied To Year1 | 22922 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 87713 | 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 | 4838 | 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) |
|---|---|---|
| Contributing Manager | LORIN L BRASS | ContributingManager |
| Contributing Manager | MARY H BRASS | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | LORIN L BRASS | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 6056470318 | RecipientPhoneNumber |
| Form And Info And Materials | CONTACT LORIN BRASS AT 605-647-0318 | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| FIRST TEE OF SOUTH DAKOTA | |||||||
| 2604 WEST RUSSELL STREET | SIOUX FALLS | SD | 57104 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $4,200 |
| FRANCISCAN SISTERS OF LITTLE FALLS | |||||||
| 116 8TH AVENUE SE | LITTLE FALLS | MN | 56345 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $5,000 |
| NEWMAN CENTER | |||||||
| 520 CATHEDRAL DRIVE | RAPID CITY | SD | 57701 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $25,000 |
| SDSM&T FOUNDATION | |||||||
| 501 EAST SAINT JOSEPH STREET | RAPID CITY | SD | 577013995 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $70,000 |
| SOUTH DAKOTA HUMANITIES COUNCIL | |||||||
| 1215 TRAIL RIDGE RD | BROOKINGS | SD | 57006 | N/A | 501(C)(3) | GENERAL ASSISTANCE | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 109200 | 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 | $683 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $49,117 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,078 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$3,697 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $48,181 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 48181 | 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 |
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 | LORIN L AND MARY H BRASS | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46652 278TH STREET | AddressLine1 |
| City | LENNOX | City |
| State | SD | State |
| ZIP Code | 57039 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 150000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $1,320 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 1320 | DisbursementsCharitablePrps |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (7 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| FRANKLIN ADJUSTABLE US GOVT | 106195 | 105625 |
| ISHARES LEHMAN 1-3 CREDIT | 77852 | 77376 |
| DOUBLE LINE TOTAL RETURN BOND | 76818 | 76608 |
| PIMCO TOTAL RETURN FUND CLASS D | 312124 | 294408 |
| TEMPLETON GLOBAL BOND A | 38535 | 38507 |
| METROPOLITAN WEST HIGH YIELD BOND | 66738 | 67497 |
| JPMORGAN STRATEGIC INCOME OPPS | 76818 | 77079 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| SOUTHWESTERN ENERGY CO | 29898 | 34698 |
| ULTRA PETROLEUM CORP | 20412 | 23742 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (17 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| AMF LARGE CAP EQUITY | AT COST | 56533 | 59780 |
| SPDR SERIES TRUST | AT COST | 72029 | 71732 |
| FIDELITY CONTRA FUND | AT COST | 41769 | 41776 |
| AMERICAN FUNDS EURO PACIFIC | AT COST | 69421 | 77080 |
| INVESCO MID CAP CORE EQUITY | AT COST | 54879 | 58425 |
| ROYCE SPECIAL EQUITY FUND INVESTMENT CLASS | AT COST | 19883 | 28868 |
| STEPHENS SMALL CAP GROWTH A | AT COST | 18517 | 21853 |
| INVESCO DEVELOPING MARKETS FUND A | AT COST | 19223 | 19680 |
| IVA WORLWIDE FUND CLASS A | AT COST | 293670 | 324138 |
| HENDERSON GLOBAL TECHNOLOGY A | AT COST | 19223 | 19382 |
| INVESCO ENERGY FUND CLASS A | AT COST | 16395 | 20768 |
| PIMCO COMMODITY REAL RETURN STRATEGY FUND | AT COST | 19205 | 20079 |
| SPIDER GOLD SHARES | AT COST | 95073 | 101959 |
| HUSSMAN STRATEGIC GROWTH | AT COST | 88440 | 82872 |
| JPMORGAN MARKET NEUTRAL | AT COST | 115572 | 114968 |
| ARBITRAGE FUND | AT COST | 47397 | 47397 |
| MERGER FUND | AT COST | 27726 | 27974 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST DIVIDEND RECEIVABLE | Description |
| BOY Book Value | 271 | BOYBookValue |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RETURN OF CAPITAL | Description |
| Amount | $177 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | 18616 | 18616 | 0 |
| SECRETARY OF STATE | 20 | 0 | 20 |
| MISCELLANEOUS EXPENSES | 95 | 0 | 95 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INVESTMENT INCOME | Description |
| Revenue And Expenses Per Books | 2078 | RevenueAndExpensesPerBooks |
| Net Investment Income | 2078 | NetInvestmentIncome |
| Adjusted Net Income | 2078 | AdjustedNetIncome |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode |
|---|---|---|---|
| LORIN L BRASS | |||
| 46652 278TH ST | LENNOX | SD | 57039 |
| MARY H BRASS | |||
| 46652 278TH ST | LENNOX | SD | 57039 |
| KATHERINE M SHEPHARD THROUGH ATTRIB | |||
| 197 KENT STREET 4 | ST PAUL | MN | 55102 |
| JENNIFER L BRASS THROUGH ATTRIBUTIO | |||
| 719 GRAND AVE APT 3B | ST PAUL | MN | 551053477 |
| MARY G BRASS THROUGH ATTRIBUTION | |||
| 46652 278TH ST | LENNOX | SD | 57039 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | Category |
| Amount | $328 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Comments