RAIL HERITAGE TRUST: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- RAIL HERITAGE TRUST (EIN 46-4327372)
- Tax period
- 2023-05-01 to 2024-04-30
- Filed
- 2024-07-19
- IRS object ID
- 202442019349100409
- Schema version
- 2023v5.1
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-19T15:07:27-05:00 | ReturnTs |
| Tax Period End | 2024-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 480894999 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AGLER & GAEDDERT CHARTERED | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 234 S MAIN ST | AddressLine1Txt |
| City | OTTAWA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 660672330 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464327372 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAIL HERITAGE TRUST | BusinessNameLine1Txt |
| Business Name Line2 | FIRST OPTION BANK TRUSTEE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAIL | BusinessNameControlTxt |
| Phone | 9132592110 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 702 BAPTISTE DR | AddressLine1Txt |
| City | PAOLA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66071 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FIRST OPTION BANK | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9132592110 | PhoneNum |
| Signature | 2024-07-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FIRST | PersonFirstNm |
| Person Last | OPTION BANK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUCILLE L HINDERLITER CPA | PreparerPersonNm |
| PTIN | P00031530 | PTIN |
| Phone | 7852423170 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,382,158 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $25,149 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $25,149 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $280,311 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $280,311 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $150,185 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,900,180 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $150,185 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,688 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,688 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $458,333 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $458,333 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $96,203 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $48,185 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $48,018 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,606 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,606 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $6,170 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,363 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,475 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,475 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $260 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $260 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $111,714 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $49,548 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $57,359 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $250,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $250,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $361,714 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $49,548 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $307,359 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $96,619 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $408,785 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,892 | CashBOYAmt |
| Cash EOY | $15,717 | CashEOYAmt |
| Cash EOYFMV | $15,717 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $586,394 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $825,237 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $825,237 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,587,756 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,446,310 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,440,498 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $105,143 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $107,553 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $100,706 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $6,283,185 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,394,817 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,382,158 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $7,318,444 | CapitalStockBOYAmt |
| Capital Stock EOY | $7,468,630 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$1,035,259 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$1,073,813 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,283,185 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,394,817 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,283,185 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,394,817 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,283,185 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $96,619 | ExcessRevenueOverExpensesAmt |
| Other Increases | $15,014 | OtherIncreasesAmt |
| Subtotal | $6,394,818 | SubtotalAmt |
| Other Decreases | $1 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,394,817 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SHORT TERM | $682,291 | $593,668 | $88,623 | $88,623 |
| PUBLICLY TRADED LONG TERM | $2,217,889 | $2,156,327 | $61,562 | $61,562 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $150,185 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,682 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,682 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,682 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $211 | EsPenaltyAmt |
| Tax Due | $5,893 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | KS | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST OPTION BANK TRUST DEPARTMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9132592110 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 702 BAPTISTE DR | AddressLine1Txt |
| City | PAOLA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FIRST OPTION BANK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 702 BAPTISTE DR | AddressLine1Txt |
| City | PAOLA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $96,203 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,861,494 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $464,005 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,325,499 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,325,499 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $94,882 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,230,617 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $311,531 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $311,531 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,682 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,682 | TotalTaxAmt |
| Distributable Before Adj | $305,849 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $6,039 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $311,888 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $311,888 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $307,359 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $307,359 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $311,888 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $29,830 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $40,088 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,695 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $74,613 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $307,359 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $307,359 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $4,529 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $4,529 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $70,084 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $70,084 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $25,301 | ExcessFromYear3Amt |
| Excess From Year2 | $40,088 | ExcessFromYear2Amt |
| Excess From Year1 | $4,695 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHARITABLE FOUNDATIONS FIRST OPTION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 702 BAPTISTE DRIVE | AddressLine1Txt |
| City | PAOLA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9132949222 | RecipientPhoneNum |
| Recipient Email Address | APPLICATION@EMERYRAILHERITAGETRUST.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | APPLICATION IS AVAILABLE AT: FIRSTOPTIONBANK.COM/ABOUT-US/ FOUNDATIONS-AND-SCHOLARSHIPS/ SUBMIT ONLINE TO: APPLICATION@EMERYRAILHERITAGETRUST.ORG. EMAIL QUESTIONS TO QUESTIONS@EMERYRAILHERITAGETRUST.ORG. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATIONS ARE ACCEPTED UNTIL 11:59 PM CST FEB 1 OF EACH YEAR. | SubmissionDeadlinesTxt |
| Restrictions On Awards | FUNDS WILL ONLY BE DISTRIBUTED TO SEC 501(C)(3) CHARITABLE ORGANIZATIONS THAT PROVIDE TO THE PUBLIC THE ACTUAL EXPERIENCE OF TRAVEL BY RAIL DURING THE GOLDEN AGE. FUNDS WILL BE DISTRIBUTED TO SUPPORT THE RECREATION, RESTORATION AND PRESERVATION OF ACTUAL RAIL TRAVEL DURING THE "GOLDEN AGE" OF U.S. RAIL PASSENGER SERVICE - 1920 THROUGH 1960. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ABILENE SMOKY VALLEY RAILROAD ASSOCIATION | ||||||
| 200 SE 5TH ST | ABILENE | KS | 67410 | PC | ENGINE/CARS | $5,000 |
| ADIRONDACK RAILWAY PRESERVATION SOCIETY | ||||||
| 300 MAIN ST SUITE 102 | UTICA | NY | 12501 | PC | COACH | $10,000 |
| AUSTIN STEAM TRAIN ASSOCIATION INCORPORATED | ||||||
| 401 E WHITESTONE BLVD | CEDAR PARK | TX | 78613 | PC | DIESEL ENGINE | $11,000 |
| B&O RAILROAD MUSEUM | ||||||
| 901 W PRATT STREET | BALTIMORE | MD | 21223 | PC | WINDOW REPLACEMENT | $10,000 |
| FRIENDS OF SP 4449 INC | ||||||
| 2250 SE WATER AVE | PORTLAND | OR | 97214 | PC | DINER | $15,000 |
| ILLINOIS RAILWAY MUSEUM | ||||||
| 7000 OLSON ROAD | UNION | IL | 60108 | PC | MILWAUKEE ROAD COACH | $25,000 |
| MICHIGAN STATE TRUST FOR RAILWAY PRESERVATION INC | ||||||
| 405 S WASHINGTON ST | OWASSO | MI | 48867 | PC | COACH 5447 | $15,000 |
| BRANFORD ELECTRIC RAILWAY ASSOCIATION INC | ||||||
| 17 RIVER STREET | EAST HAVEN | CT | 06512 | PC | CAR 709 | $6,000 |
| COLEBROOKDALE RAILROAD PRESERVATION TRUST | ||||||
| 100 S CHESTNUT STREET | BOYERTOWN | PA | 19512 | PC | PULLMAN ROOF REPAIR | $15,000 |
| FORT WAYNE RAILROAD HISTORICAL SOCIETY INC | ||||||
| 15808 EDGERTON RD | NEW HAVEN | IN | 46774 | PC | COACHES | $15,000 |
| GULF COAST CHAPTER NATIONAL RAILWAY HISTORICAL SOCIETY INC | ||||||
| 8502 SHAPCREST ST | HOUSTON | TX | 77036 | PC | NEW BRAUNFELS COASH | $21,000 |
| IRON MOUNTAIN RAILWAY | ||||||
| 252 E JACKSON BLVD | JACKSON | MO | 63755 | PC | COACH ROOF REPAIR | $14,500 |
| KENTUCKY RAILWAY MUSEUM INC | ||||||
| 499 KIRKLAND AVE | IRVINE | KY | 40336 | PC | OIL BURNER | $23,000 |
| MIDWEST RAILWAY PRESERVATION SOCIETY INC | ||||||
| 2800 W 3RD ST | CLEVELAND | OH | 44113 | PC | COACH 90 | $15,000 |
| RAILROAD MUSEUM OF NEW ENGLAND INC | ||||||
| 242 E MAIN ST | THOMASTON | CT | 06787 | PC | ALCO DIESEL | $18,500 |
| SAN BERNARDINO RAILROAD HISTORICAL SOCIETY | ||||||
| 2435 E WASHINGTON BLVE | LOS ANGELES | CA | 90021 | PC | PTC FOR ENGINE #3751 | $15,000 |
| UNITED RAILROAD HISTORICAL SOCIETY OF NJ INC | ||||||
| 104 MORRIS AVE | BOONTON | NJ | 07005 | PC | LOUNGE CAR | $15,000 |
| OREGON RAIL HERITAGE FOUNDATION | ||||||
| 2250 SE WATER AVE | PORTLAND | OR | 67214 | PC | ORN 197 LOCOMOTIVE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $250,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $25,149 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $280,311 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,688 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $150,185 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $458,333 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $458,333 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $5,606 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,606 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BOEING CO SR NT 3.3% 3/1/2035-2034 | BondNm |
| EOY Book Value | $107,553 | EOYBookValueAmt |
| EOYFMV | $100,706 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (49 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL C | $69,950 | $104,546 |
| AMAZON.COM INC | $1,073 | $1,400 |
| APPLE INC | $73,203 | $79,374 |
| ARCBEST CORP NET OF COVERED CALL | $56,650 | $83,813 |
| AVIAT NETWORKS | $84,264 | $100,350 |
| BERKSHIRE HATHAWAY INC CL B | $82,800 | $89,661 |
| BOEING CO | $73,896 | $60,422 |
| CAPITAL ONE FINANCIAL CORP | $9,243 | $13,195 |
| CASEYS GENERAL STORES INC | $84,509 | $94,276 |
| CITIGROUP INC | $92,060 | $119,471 |
| CLEVELAND-CLIFFS INC | $108,783 | $92,460 |
| COHEN & STEERS QUAL INC REALTY | $175,033 | $179,317 |
| COHEN & STEERS CLD END OPPORT | $254,874 | $262,662 |
| DEERE & CO INC | $76,510 | $82,196 |
| DEVON ENERGY CORP NET OF COVERED CALL | $79,335 | $83,001 |
| DIAMONDBACK ENERGY INC | $6,833 | $10,660 |
| DOW INC | $98,830 | $86,090 |
| DUKE ENERGY CORP | $97,881 | $89,810 |
| EXXON MOBIL CORP NET OF COVERED CALL | $79,439 | $89,008 |
| FORD MOTOR CO NET OF COVERED CALL | $84,381 | $80,403 |
| GUGGENHEIM STRATEGIC OPPR | $229,841 | $187,102 |
| HALLIBURTON CO NET OF COVERED CALL | $69,528 | $78,661 |
| JPMORGAN CHASE & CO NET OF COVERED CALL | $81,749 | $93,693 |
| KROGER CO | $81,019 | $95,752 |
| MAIN STREET CAPITAL CORP | $78,941 | $101,234 |
| MICROSOFT CORP NET OF COVERED CALL | $63,756 | $95,150 |
| MICRON TECHNOLOGY INC | $5,156 | $9,150 |
| NEW YORK COMMUNITY BANCORP NET OF COVD CALL | $132,568 | $44,283 |
| NEXTERA ENERGY INC NET OF COVERED CALL | $85,292 | $79,226 |
| NIKE INC | $84,720 | $75,745 |
| PAYPAL HOLDINGS INC | $101,130 | $93,526 |
| PFIZER INC NET OF COVERED CALL | $84,281 | $73,402 |
| PHILLIPS 66 NET OF COVERED CALL | $62,558 | $103,506 |
| PIONEER NATURAL RESOURCES CO NET OF COVERED CALL | $84,999 | $92,165 |
| PROCTER & GAMBLE | $83,070 | $88,128 |
| SPDR S&P REGIONAL BANKING ETF | $70,410 | $86,705 |
| SNOWFLAKE INC CLA | $87,186 | $71,858 |
| TESLA MOTORS INC | $100,378 | $91,640 |
| VERIZON COMMUNICATIONS INC. | $111,432 | $98,054 |
| ZOOM VIDEO COMMUNICATIONS NET OF COVD CALL | $86,664 | $87,193 |
| MEDTRONIC PLC | $83,192 | $80,561 |
| ALPHA & OMEGA SEMICONDUCTOR | $92,371 | $57,409 |
| GENCO SHIPPING AND TRADING LTD NET OF COVD CALL | $110,268 | $123,552 |
| AMERICAN FUNDS HIGH-INCOME CL F-3 | $315,106 | $315,106 |
| CALAMOS CONVERTIBLE & HIGH INCOME FD | $407,906 | $412,530 |
| DODGE & COX INCOME I | $310,145 | $302,133 |
| ISHARES 20+ YR TREASURY BOND ETF | $197,642 | $173,440 |
| PIMCO CORP OPPR FUND | $209,568 | $186,930 |
| PIMCO INCOME INSTL | $245,887 | $240,549 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $1 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WEB HOSTING | Desc |
| Revenue And Expenses Per Books | $260 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $260 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CORP BD ACCRETIONS | $2,410 | $2,410 | $2,410 |
| INT ON TAX REFUNDS | $278 | $278 | $278 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIOR YR EXCISE TAX REFUNDS | $8,975 |
| GRANT REFUND | $6,039 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $4,807 | $0 | $0 |
| FOREIGN TAX W/H FROM DIVIDENDS | $1,363 | $1,363 | $0 |