FURP.ORG / PUBLIC DATA EXPLORER

THE BLIN FOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
THE BLIN FOUNDATION INC (EIN 42-1504887)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-12
IRS object ID
201141329349100909
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-12T09:07:41-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CEB & Company LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1515 N State Suite 2630AddressLine1
CityChicagoCity
StateILState
ZIP Code606544320ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN421504887EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The Blin Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBLINNameControl
Phone3193343401Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 Swan Lake Blvd No 303AddressLine1
CityIndependenceCity
StateIAState
ZIP Code50644ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJames BlinName
TitleDirectorTitle
Phone3193343401Phone
Date Signed2011-05-03DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWilliam M KwitName
Phone3122450077Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY623559FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss270500ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss14InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm14InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses270514TotalRevenueAndExpenses
Total Net Investment Income14TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss3700AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss6781OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss10481TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss251000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps251000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss261481TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps251000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses9033ExcessOfRevenueOverExpenses
Net Investment Income14NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY3333CashBOY
Cash EOY5149CashEOY
Cash EOYFMV5149CashEOYFMV
Investments Other BOY611193InvestmentsOtherBOY
Investments Other EOY618410InvestmentsOtherEOY
Investments Other EOYFMV618410InvestmentsOtherEOYFMV
Total Assets BOY614526TotalAssetsBOY
Total Assets EOY623559TotalAssetsEOY
Total Assets EOYFMV623559TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY614526RetainedEarningsBOY
Retained Earnings EOY623559RetainedEarningsEOY
Total Net Assets BOY614526TotalNetAssetsBOY
Total Net Assets EOY623559TotalNetAssetsEOY
Total Liabilities Net Assets BOY614526TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY623559TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY614526TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses9033ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal623559Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY623559TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year150000QualifyingDistributionsYear1
Noncharitable Assets Year1604485NoncharitableAssetsYear1
Distribution Ratio Year10.082715DistributionRatioYear1
Qualifying Distributions Year2284000QualifyingDistributionsYear2
Noncharitable Assets Year2501416NoncharitableAssetsYear2
Distribution Ratio Year20.566396DistributionRatioYear2
Qualifying Distributions Year3256368QualifyingDistributionsYear3
Noncharitable Assets Year3535129NoncharitableAssetsYear3
Distribution Ratio Year30.479077DistributionRatioYear3
Qualifying Distributions Year4229250QualifyingDistributionsYear4
Noncharitable Assets Year4524378NoncharitableAssetsYear4
Distribution Ratio Year40.437185DistributionRatioYear4
Qualifying Distributions Year5203111QualifyingDistributionsYear5
Noncharitable Assets Year535589NoncharitableAssetsYear5
Distribution Ratio Year55.707129DistributionRatioYear5
Total Distribution Ratio7.272502TotalDistributionRatio
Average Distribution Ratio1.454500AverageDistributionRatio
Net Noncharitable Assets609904NetNoncharitableAssets
Adjusted Noncharitable Assets887105AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One887105AdjNonchrtblAssetsAndOnePct
Qualifying Distributions251000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity1InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameBlin Management CompanyBooksInCareOfPersonName
Books In Care Of Phone Number3193343401BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line12300 Swan Lake Blvd Ste 303AddressLine1
CityIndependenceCity
StateIAState
ZIP Code50644ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
James L Blin
1601 1st Street EastIndependenceIA50644Director0.00000
Judy R Blin
1601 1st Street EastIndependenceIA50644Director0.00000
Randy A Blin
1805 Golf Course BlvdIndependenceIA50644Director0.00000
Sandra L Blin Burgard
607 Triple Tree RdBozemanMT59715Director0.00000
Timothy L Blin
305 Osprey Nest CourtPonte Vedra BeachFL32082Director0.00000
Tamara K Blin Diamond
3315 N 88th PlaceMesaAZ85207Director0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances3727AvgMonthlyCashBalances
FMV All Other Noncharitable Assets615465FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets619192TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets619192AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable9288CashDeemedCharitable
Net Noncharitable Assets609904NetNoncharitableAssets
Minimum Investment Return30495MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return30495MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj30495DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded30495DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted30495DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions251000ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions251000QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions251000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted30495DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5203111ExcessDistriCarryoverYear5
Excess Distri Carryover Year4203044ExcessDistriCarryoverYear4
Excess Distri Carryover Year3229619ExcessDistriCarryoverYear3
Excess Distri Carryover Year2258932ExcessDistriCarryoverYear2
Excess Distri Carryover Year119776ExcessDistriCarryoverYear1
Total Excess Distri Carryover914482TotalExcessDistriCarryover
Qualifying Distributions251000QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year30495AppliedToCurrentYear
Remaining Distri From Corpus220505RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1134987TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5203111ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year931876ExcessDistriCyovToNextYear
Excess From Year4203044ExcessFromYear4
Excess From Year3229619ExcessFromYear3
Excess From Year2258932ExcessFromYear2
Excess From Year119776ExcessFromYear1
Excess From Current Year220505ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJames L BlinContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
Heartland Acres Agribition Center
2600 Swan Lake BlvdIndependenceIA50644501(c)(3)For operations$200,000
Grant's Ginormous Gift Foundation
4350 Baker Road Suite 220MinnetonkaMN55343501(c)(3)For operations$1,000
Independence Public Library Fndtn
805 1 StEastIndependenceIA50644501(c)(3)For operations$50,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year251000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$14ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$14ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA14TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualJames BlinContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line11601 1st Street EastAddressLine1
CityIndependenceCity
StateIAState
ZIP Code50644ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions270000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryAccounting FeesCategory
Amount$3,700Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemInvestment in Vintage Ventures, LLCCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value618410BookValue
EOYFMV618410EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
Insurance Expense451300
License and Fees25000
Repairs and Maintenance197600
Supplies4200

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameJames BlinPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 1st Street EastAddressLine1
CityIndependenceCity
StateIAState
ZIP Code50644ZIPCode

Transfers To Controlled Entities TransfersToControlledEntities

To Controlled Entity ToControlledEntity

Name Name

FieldValueIRS element (for citing)
Business Name Line1Vintage Ventures LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line12300 Swan Lake Blvd Suite 303AddressLine1
CityIndependenceCity
StateIAState
ZIP Code50644ZIPCode
FieldValueIRS element (for citing)
EIN460494117EIN
DescriptionTransfer to cover general expense of operations.Description
Amount$14,000Amount
FieldValueIRS element (for citing)
Total14000Total