THE WILLIAM F WELCH AND LORENE W WELCH FOUNDATION: Form 990PF, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- THE WILLIAM F WELCH AND LORENE W WELCH FOUNDATION (EIN 83-6033434)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-01-19
- IRS object ID
- 201120199349100102
- Schema version
- 2009v1.7
- 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
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-19T17:11:08-06:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRADERE MOHATT & RINALDO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 603 | AddressLine1 |
| City | SHERIDAN | City |
| State | WY | State |
| ZIP Code | 828010603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 836033434 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM F WELCH & | BusinessNameLine1 |
| Business Name Line2 | LORENE W WELCH FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WILL | NameControl |
| Phone | 3076741770 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX J | AddressLine1 |
| City | SHERIDAN | City |
| State | WY | State |
| ZIP Code | 82801 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM B EBZERY | Name |
| Title | CO-TRUSTEE | Title |
| Phone | 3076741770 | Phone |
| Date Signed | 2011-01-18 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EVERETT J MOHATT | Name |
| Phone | 3076726494 | Phone |
| Date Prepared | 2011-01-19 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | 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 | 3256018 | 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 | 2 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 2 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 93267 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 93267 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 232292 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1005863 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 232292 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1110 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1110 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 326671 | TotalRevenueAndExpenses |
| Total Net Investment Income | 326671 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 15000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 7500 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 7500 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 235 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 235 | LegalFeesNetInvstIncm |
| Accounting Fees Rev And Expnss | 5400 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 4500 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 900 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 29259 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 29259 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 1264 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 66 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 884 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 884 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 52042 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 42444 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 8400 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 53000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 53000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 105042 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 42444 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 61400 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 221629 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 284227 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 95320 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 152009 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 152009 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 2426389 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2591329 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 2735764 | InvestmentsCorpStockEOYFMV |
| Other Assets BOY | 40975 | OtherAssetsBOY |
| Other Assets EOY | 40975 | OtherAssetsEOY |
| Other Assets EOYFMV | 368245 | OtherAssetsEOYFMV |
| Total Assets BOY | 2562684 | TotalAssetsBOY |
| Total Assets EOY | 2784313 | TotalAssetsEOY |
| Total Assets EOYFMV | 3256018 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 2562684 | CapitalStockBOY |
| Capital Stock EOY | 2784313 | CapitalStockEOY |
| Total Net Assets BOY | 2562684 | TotalNetAssetsBOY |
| Total Net Assets EOY | 2784313 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2562684 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 2784313 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 2562684 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 221629 | ExcessOfRevenueOverExpenses |
| Subtotal | 2784313 | Subtotal |
| Total Net Assets Fund Balances EOY | 2784313 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (27 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 1,000 ALCOA INC | P | 2009-07-28 | 2010-01-21 | 14474 | 11165 | 3309 | 3309 |
| 400 NATIONAL OILWELL VARCO INC | P | 2008-01-29 | 2010-05-25 | 14381 | 25480 | -11099 | -11099 |
| 700 ANADARKO PETROLEUM CORP | P | 2008-12-22 | 2009-09-21 | 43186 | 25354 | 17832 | 17832 |
| 1,500 PHILIP MORRIS INT'L | P | 2003-05-28 | 2010-01-22 | 70889 | 44523 | 26366 | 26366 |
| 1,000 CELGENE CORP | P | 2005-10-19 | 2010-05-25 | 52948 | 38317 | 14631 | 14631 |
| 1,500 PHILIP MORRIS INT'L | P | 2004-05-13 | 2010-05-25 | 43343 | 29682 | 13661 | 13661 |
| 1,000 CELGENE CORP | P | 2007-01-26 | 2010-07-07 | 48466 | 38317 | 10149 | 10149 |
| 200 SALESFORCE.COM INC | P | 2010-01-08 | 2010-08-23 | 21837 | 14773 | 7064 | 7064 |
| 500 CHESAPEAKE ENERGY CORP | P | 2008-07-30 | 2010-05-25 | 10205 | 24769 | -14564 | -14564 |
| 200 SALESFORCE.COM INC | P | 2010-01-12 | 2010-08-23 | 21837 | 13918 | 7919 | 7919 |
| 2,000 CISCO SYSTEMS | P | 1998-10-08 | 2010-08-25 | 42364 | 31051 | 11313 | 11313 |
| 500 TRANSOCEAN INC | P | 2006-02-10 | 2010-05-03 | 36452 | 42058 | -5606 | -5606 |
| 750 DEVON ENERGY CORP | P | 2006-08-24 | 2009-09-24 | 50550 | 46275 | 4275 | 4275 |
| 500 UNITED STS STL CORP NEW | P | 2008-12-12 | 2010-01-20 | 31544 | 19156 | 12388 | 12388 |
| 4,000 EL PASO CORPORATION | P | 2005-09-14 | 2010-08-25 | 44967 | 52144 | -7177 | -7177 |
| 1,000 UNITED TECHNOLOGIES CORP | P | 2002-11-06 | 2010-02-05 | 66228 | 45145 | 21083 | 21083 |
| 2,000 GILEAD SCIENCES INC | P | 2004-03-09 | 2010-05-03 | 79366 | 41424 | 37942 | 37942 |
| 2,000 UNITED TECHNOLOGIES CORP | P | 2006-03-02 | 2010-05-25 | 131205 | 90291 | 40914 | 40914 |
| 1,000 GILEAD SCIENCES INC | P | 2007-06-25 | 2010-05-25 | 35864 | 20712 | 15152 | 15152 |
| 300 VISA INC | P | 2009-09-30 | 2010-01-22 | 24567 | 20742 | 3825 | 3825 |
| 1,000 HILTON HOTELS CORP 8% PFD | P | 2004-05-12 | 2010-06-01 | 16500 | 25478 | -8978 | -8978 |
| 1,000 VOLCANO CORP | P | 2007-07-02 | 2010-05-25 | 21474 | 19939 | 1535 | 1535 |
| 500 HILTON HOTELS CORP 8% PFD | P | 2009-06-30 | 2010-06-01 | 8250 | 6606 | 1644 | 1644 |
| FEE COAL | P | 2010-03-29 | 25000 | 25000 | 25000 | ||
| 500 HILTON HOTELS CORP 8% PFD | P | 2009-09-30 | 2010-06-01 | 8250 | 7536 | 714 | 714 |
| 1,000 MDU RESOURCES | P | 2006-03-24 | 2009-11-17 | 22596 | 22115 | 481 | 481 |
| 600 MORGAN STANLEY COM NEW | P | 2009-07-21 | 2009-11-25 | 19120 | 16601 | 2519 | 2519 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 232292 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 44826 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 64450 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 2598583 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.024802 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 175120 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 3794515 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.046151 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 172401 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 3894811 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.044264 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 187617 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 3402928 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.055134 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 261826 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 3404285 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.076911 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.247262 | TotalDistributionRatio |
| Average Distribution Ratio | 0.049452 | AverageDistributionRatio |
| Net Noncharitable Assets | 3221691 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 159319 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 2842 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 162161 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 61400 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 5685 | InvestmentIncomeExciseTax |
| Subtotal | 5685 | Subtotal |
| Tax Based On Investment Income | 5685 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 960 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 6155 | TaxPaidWithExtension |
| Total Credits And Payments | 7115 | TotalCreditsAndPayments |
| Overpayment | 1430 | Overpayment |
| Amount Credited To Next Year | 1430 | 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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | WY | 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 | CYPRESS CAPITAL MANAGEMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 3076741770 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 EAST LOUCKS ST | AddressLine1 |
| City | SHERIDAN | City |
| State | WY | State |
| ZIP Code | 82801 | ZIPCode |
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 | true | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | true | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| 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 |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 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 |
|---|---|---|---|---|---|---|---|---|
| FRANK ROTELLINI | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 5.00 | 5000 | 0 | 0 |
| WILLIAM B EBZERY | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 5.00 | 5000 | 0 | 0 |
| RICHARD M DAVIS JR | ||||||||
| PO BOX J | SHERIDAN | WY | 82801 | CO-TRUSTEE | 5.00 | 5000 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 2701980 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 210015 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 358757 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3270752 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 3270752 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 49061 | CashDeemedCharitable |
| Net Noncharitable Assets | 3221691 | NetNoncharitableAssets |
| Minimum Investment Return | 161085 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 161085 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 5685 | TaxBasedOnInvestmentIncome |
| Total Tax | 5685 | TotalTax |
| Distributable Amount Before Adj | 155400 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 155400 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 155400 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 61400 | ExpensesAndContributions |
| Qualifying Distributions | 61400 | QualifyingDistributions |
| Adj Qualifying Distributions | 61400 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 155400 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 15418 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 23283 | ExcessDistriCarryoverYear4 |
| Total Excess Distri Carryover | 38701 | TotalExcessDistriCarryover |
| Qualifying Distributions | 61400 | QualifyingDistributions |
| Applied To Current Year | 61400 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 38701 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 38701 | ExcessDistriCyovAppliedCY |
| Undistributed Income CY | 55299 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | WELCH FOUNDATION | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX J | AddressLine1 |
| City | SHERIDAN | City |
| State | WY | State |
| ZIP Code | 82801 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 3076741770 | RecipientPhoneNumber |
| Form And Info And Materials | WRITTEN REQUEST | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (15 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| BILLINGS CLINIC FOUND | |||||||
| 2917 10TH AVENUE NORTH | BILLINGS | MT | 591079945 | NONE | PUBLIC | CHARITABLE | $10,000 |
| CENTER FOR A VITAL | |||||||
| COMMUNITY | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $7,500 |
| COMMUNITY HOLIDAY | |||||||
| FESTIVAL | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $500 |
| FAMILY PLANNING OF THE | |||||||
| BIGHORNS | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $2,000 |
| HOLY NAME CATHOLIC CHURCH | |||||||
| 260 E LOUCKS | SHERIDAN | WY | 82801 | NONE | CHURCH | CHARITABLE | $2,500 |
| SHERIDAN COLLEGE | |||||||
| FOUNDATION | SHERIDAN | WY | 82801 | NONE | PUBLIC | EDUCATIONAL | $10,000 |
| SHERIDAN COUNTY LIBRARY | |||||||
| FOUNDATION | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $5,000 |
| WYO THEATRE INC | |||||||
| 42 N MAIN | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $10,000 |
| CHILD DEVELOPMENT CENTER | |||||||
| 345 SOUTH LINDEN AVENUE | SHERIDAN | WY | 82801 | NONE | PUBLIC | EDUCATIONAL | $1,000 |
| SENIOR CITIZENS COUNCIL | |||||||
| 211 SMITH STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| FREE CLINIC OF SHERIDAN | |||||||
| 1428 W 5TH STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $500 |
| EASTER SEALS OF WYOMING | |||||||
| 991 JOE STREET | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| HABITAT FOR HUMANITY | |||||||
| OF THE BIGHORNS | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $1,000 |
| CHILDREN HORSES AND | |||||||
| ADULTS IN PARTNERSHIP | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $500 |
| SHERIDAN COUNTY | |||||||
| HISTORICAL SOCIETY | SHERIDAN | WY | 82801 | NONE | PUBLIC | CHARITABLE | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 53000 | 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 | $2 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $93,267 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,070 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $232,292 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITIES LITIGATION PROCEED | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $40 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $326,671 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 326671 | 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 (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| TAX PREPARATION | $1,800 | 900 | 900 |
| BOOKKEEPING | $3,600 | 3600 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (61 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| BEGINNING OF YEAR | ||
| 576-TRANSOCEAN LTD | 48449 | 29318 |
| 2000-DRYSHIPS INC | 12958 | 8060 |
| 3850-ALTRIA GROUP INC. | 51341 | 85932 |
| 700-ANADARKO PETROLEUM CORP | 37825 | 32193 |
| 2600-ANNALY CAPITAL MANAGEMENT, INC | 47345 | 45188 |
| 300-APPLE INC | 72031 | 72930 |
| 1200-BANCO SANTANDER S.A. | 12480 | 14028 |
| 2100-BANK OF AMERICA CORP | 36011 | 26166 |
| 500-BEST BUY INC | 19226 | 15695 |
| 300-BUCKEYE PARTNERS LP | 10767 | 18318 |
| 600-CATERPILLAR INC. | 35908 | 39096 |
| 1100-CELGENE CORP | 45840 | 56617 |
| 800-CHEVRONTEXACO CORP | 57621 | 59264 |
| 2000-CISCO SYSTEMS | 31051 | 39970 |
| 1000-COLGATE PALMOLIVE | 36690 | 73840 |
| 2000-EV ENERGY PARNERS LP | 62296 | 67240 |
| 4000-EL PASO CORPORATION | 52144 | 45560 |
| 1000-ELDORADO GOLD CORP | 18773 | 19560 |
| 1000-ENBRIDGE ENERGY PARTNERS, LP | 52125 | 53750 |
| 1000-ENERGY TRANSFER PARTNERS, LP | 40360 | 45690 |
| 1800-ENTERPRISE PRODUCTS PARTNERS LP | 48587 | 55455 |
| 1200-EXXON MOBIL | 76206 | 70932 |
| 600-FLUOR CORP | 25967 | 26796 |
| 400-FREEPORT MCMORAN COPPER & GOLD | 31093 | 28796 |
| 1000-HUGOTON ROYALTY TRUST | 18855 | 18140 |
| 1200-JP MORGAN CHASE | 40696 | 43632 |
| 1200-JOHNSON & JOHNSON | 47413 | 68424 |
| 1000-JOY GLOBAL | 22409 | 56720 |
| 750-KINDER MORGAN ENERGY PARTNERS | 43416 | 50258 |
| 1400-LINN ENERGY LLC COMMON UNITS | 41034 | 39928 |
| 500-MCDONALDS CORP | 29210 | 36530 |
| 800-MERCK & CO | 23480 | 28128 |
| 1000-PENN WEST ENERGY | 19773 | 18780 |
| 500-PEPSICO INC | 29547 | 32090 |
| 1350-PHILIP MORRIS INTERNATIONAL | 40071 | 69336 |
| 2000-PIONEER SOUTHWEST ENERGY UNIT L | 50912 | 53720 |
| 1000-QUEST DIAGNOSTICS INC. | 32580 | 43500 |
| 500-REYNOLDS AMERICAN | 29524 | 27270 |
| 10000-SIRIUS XM RADIO INC | 33321 | 9560 |
| 900-VOLCANO CORP | 17945 | 19890 |
| 800-WELLS FARGO & CO | 22921 | 18840 |
| 1500-WHITING USA TRUST | 29405 | 28830 |
| 1500-BANK OF AMERICA CORP 8.2% | 35036 | 38295 |
| 1000-BANK OF AMERICA CORP 8.625% | 21051 | 25690 |
| 1383-BARCLAYS BANK PLC 7.75% | 32596 | 35640 |
| 1000-CONSTELLATION ENERGY GRP 8.625% | 22265 | 27290 |
| 1000-FIFTH THIRD CAP TR VII 8.875% | 21050 | 26390 |
| 1500-FIFTH THIRD CAP TR VI 7.25% | 34312 | 37410 |
| 1000-MERRILL LYNCH CAP TR III 7.375% | 25245 | 24900 |
| 3000-NATIONAL CITY CAP TR IV 8% | 54404 | 79110 |
| 900-PNC CAPITAL TRUST E 7.75% | 22049 | 23643 |
| 1000-SUNTRUST CAPITAL IX 7.875% | 22025 | 26050 |
| 1800-WELLS FARGO CAPITAL 7.875% | 44661 | 47862 |
| 1000-WELLS FARGO CAPITAL XIV 8.625% | 25375 | 27930 |
| 1000-ZIONS BANCORP | 43399 | 46710 |
| 0.29-FIDELITY CONTRA FUND | 14 | 17 |
| 7466.419-SEI INDEX FDS S&P 500 IND | 234373 | 215406 |
| 500-SELECT SECTOR SPDR ENERGY | 29940 | 25600 |
| 1526.643-TORTOISE ENERGY CAPITAL COR | 37319 | 37952 |
| 12204.125-WASHINGTON MUTUAL INVESTM | 350609 | 295899 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | Category |
| Amount | $235 | Amount |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (3 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| COINS & BULLION | 32251 | 32251 | 61330 |
| MINERALS | 8724 | 8724 | 8724 |
| COAL | 298191 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| BANK CHARGES | 6 | 6 |
| SAFE DEPOSIT BOX | 160 | 160 |
| STORAGE EXPENSE | 618 | 618 |
| OFFICE SUPPLIES | 100 | 100 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| OIL AND GAS ROYALTIES | 1070 | 1070 |
| SECURITIES LITIGATION PROCEED | 40 | 40 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT | Category |
| Amount | $29,259 | Amount |
| Net Investment Income | 29259 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| ROYALTY PRODUCTION TAXES | $4 | 4 |
| EXCISE TAXES | $1,198 | |
| FOREIGN TAXES | $62 | 62 |
Comments