THE RON AND DIANE FAGEN FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE RON AND DIANE FAGEN FAMILY FOUNDATION (EIN 20-2019581)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202413199349105256
- 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
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T16:03:34-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920370318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REDPATH AND COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4810 WHITE BEAR PARKWAY | AddressLine1Txt |
| City | WHITE BEAR LAKE | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202019581 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RON AND DIANE FAGEN FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RONA | BusinessNameControlTxt |
| Phone | 3205645103 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 69 | AddressLine1Txt |
| City | GRANITE FALLS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56241 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DIANE FAGEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3205645103 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JARED R SNIDER | PreparerPersonNm |
| PTIN | P01549671 | PTIN |
| Phone | 6514267000 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,250,403 | 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 | $46,774 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $46,774 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $14,849 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $14,849 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$26,501 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $641,724 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $35,122 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $61,623 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,275 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,638 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,637 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,605 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,605 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $998 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $24,903 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,243 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,662 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $120,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $120,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $144,903 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,243 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $122,662 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$109,781 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $40,380 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $29,624 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,590 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,590 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $276,782 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $99,505 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $96,141 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $454,360 | CorporateStockBOYAmt |
| Corporate Stock EOY | $402,778 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $466,821 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,624,252 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,764,846 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,650,025 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $27,788 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $24,304 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,826 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,412,806 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,304,023 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,250,403 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,412,806 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,304,023 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,412,806 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,304,023 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,412,806 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,304,023 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,412,806 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$109,781 | ExcessRevenueOverExpensesAmt |
| Other Increases | $998 | OtherIncreasesAmt |
| Subtotal | $2,304,023 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,304,023 | 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 | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICALLY TRADED SECURITIES | $638,230 | $668,225 | -$29,995 | -$29,995 | |
| CAPITAL GAINS DIVIDENDS | $3,494 | $3,494 | $3,494 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$26,501 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $561 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $561 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $561 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $998 | 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 | $998 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $437 | OverpaymentAmt |
| Applied To ES Tax | $437 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | MN | 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 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3205645103 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 69 | AddressLine1Txt |
| City | GRANITE FALLS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56241 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DIANE FAGEN | ||||||||
| 108 MILLER CIRCLE | GRANITE FALLS | MN | 56241 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| RON FAGEN | ||||||||
| 108 MILLER CIRCLE | GRANITE FALLS | MN | 56241 | VICE PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| EVAN FAGEN | ||||||||
| 5058 250TH AVE | GRANITE FALLS | MN | 56241 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| AARON FAGEN | ||||||||
| 5162 HWY 67 | GRANITE FALLS | MN | 56241 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| 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 | $2,252,362 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $22,880 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,275,242 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,275,242 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $34,129 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,241,113 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $112,056 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $112,056 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $561 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $561 | TotalTaxAmt |
| Distributable Before Adj | $111,495 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $111,495 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $111,495 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $122,662 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $122,662 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $111,495 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $118,912 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $122,662 | QualifyingDistributionsAmt |
| Applied To Year1 | $118,912 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,750 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $107,745 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DIANE FAGEN | ContributingManagerNm |
| Contributing Manager | RON FAGEN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS | ||||||||
| 431 18TH STREET NW | WASHINGTON | DC | 20006 | NONE | PC | GENERAL SUPPORT | $45,000 | |
| GRANITE FALLS AMBULANCE-PRAIRIE FIVE COMMUNITY ACTION COUNCIL INC | ||||||||
| 719 N 7TH ST NO 302 | MONTEVIDEO | MN | 56265 | NONE | GOV | GENERAL SUPPORT | $2,500 | |
| GRANITE FALLS FIRE DEPARTMENT | ||||||||
| 501 PRENTICE STREET | GRANITE FALLS | MN | 56241 | NONE | GOV | GENERAL SUPPORT | $2,500 | |
| GRANITE FALLS LIVING AT HOMESBLOCK NURSES | ||||||||
| PO BOX 84 | GRANITE FALLS | MN | 56241 | NONE | PC | GENERAL SUPPORT | $2,000 | |
| GRANITE FALLS POLICE DEPARTMENT | ||||||||
| 415 9TH AVENUE SUITE 102 | GRANITE FALLS | MN | 56241 | NONE | GOV | GENERAL SUPPORT | $2,500 | |
| HAWK CREEK ANIMAL SHELTER | ||||||||
| 250 28TH ST SW | WILLMAR | MN | 56201 | NONE | PC | GENERAL SUPPORT | $5,000 | |
| MINNESOTAN'S MILITARY APPRECIATION FUND | ||||||||
| 80 SOUTH 8TH STREET SUITE 3300 | MINNEAPOLIS | MN | 55402 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| SALVATION ARMY | ||||||||
| 2445 PRIOR AVE N | ROSEVILLE | MN | 55113 | NONE | PC | GENERAL SUPPORT | $7,000 | |
| SHRINERS CHILDREN'S TWIN CITIES | ||||||||
| 215 RADIO DRIVE SUITE 100 | WOODBURY | MN | 55125 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | ||||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 38105 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| YELLOW MEDICINE COUNTY SHERIFF | ||||||||
| 415 9TH AVENUE SUITE 103 | GRANITE FALLS | MN | 56241 | NONE | GOV | GENERAL SUPPORT | $2,500 | |
| NEIGHBORS UNITED RESOURCE CENTER | ||||||||
| 620 MENDELSSOHN AVENUE NORTH SUITE | GOLDEN VALLEY | MN | 55427 | NONE | PC | GENERAL SUPPORT | $1,000 | 121 |
| CHILDREN'S MN FOUNDATION | ||||||||
| 5901 LINCOLN DRIVE | EDINA | MN | 55436 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| WOUNDED WARRIOR PROJECT | ||||||||
| 1349 W PEACHTREE ST NE SUITE 1800 | ATLANTA | GA | 30309 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $120,000 | 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 | $46,774 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,849 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$26,501 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $35,122 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $35,122 | 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 FEES | CategoryTxt |
| Amt | $5,275 | Amt |
| Net Investment Income | $2,638 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,637 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (67 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES 3.875% 15 SEP 2025 | $45,481 | $44,544 |
| AMPHENOL CORP 2.8% 15 FEB 2030 | $65,326 | $59,275 |
| BAIRD CORE PLUS BOND FUND | $55,376 | $50,333 |
| BAIRD SHORT TERM BOND FUND | $22,255 | $22,387 |
| BAKER HUGHES CO-OBLIGOR INC 3.138% 07 NOV 2029 | $50,661 | $46,619 |
| BOOKING HOLDINGS INC 3.6% 01 JUN 2026 | $81,274 | $78,134 |
| BRANDYWINEGLOBAL CORPORATE CREDIT FUND | $13,111 | $13,429 |
| BROOKINGS SD SCH DIST #5-1 REF 27 SEP | $32,174 | $30,938 |
| CHARLES SCHWAB CORP | $25,791 | $25,722 |
| CLOROX CO/THE 3.1% 01 OCT 2027 | $40,077 | $37,891 |
| DICK'S SPORTING GOODS INC. 3.15% 15 JAN 2032 | $7,524 | $7,679 |
| DIGITAL REALTY TRUST LP 3.6% 01 JULY 2029 | $73,704 | $65,715 |
| EATON VANCE EMERGING MARKETS DEBT OPPORTUNITIES FUND | $9,546 | $9,363 |
| EXXON MOBIL CORP 2.61% | $67,988 | $57,222 |
| FANNIE MAE POOL 5.5% 01 MAR 2037 | $699 | $708 |
| FANNIE MAE POOL 4% 01 SEP 2041 | $11,184 | $10,680 |
| FANNIE MAE POOL 3% 01 DEC 2026 | $5,189 | $5,029 |
| FANNIE MAE 4% 01 OCT 2041 | $5,541 | $5,300 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 4.74% 11 MAT 2033 | $10,000 | $9,744 |
| FEDERAL FARM CREDIT BANK 0.73% 19 MAY 2025 | $89,955 | $85,253 |
| FEDERAL FARM CREDIT BANK 4.22% 23 JAN 2030 | $5,000 | $4,844 |
| FEDERAL FARM CREDIT BANK 5.04% 22 SEP 2028 | $5,000 | $5,051 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 1.42% 18 FEB 2031 | $59,400 | $48,737 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 1.57% 5 APR 2028 | $39,930 | $35,986 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 4.8% 12 APR 2033 | $24,386 | $24,925 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 4.82% 23 JUN 2026 | $24,882 | $25,006 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 5.12% 1 JUN 2033 | $1,991 | $2,017 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP | $15,000 | $14,915 |
| FEDERAL FARM CREDIT BANKS FUNDING CORP 5.33% 14 JUN 2027 | $2,000 | $1,997 |
| FEDERAL HOME LOAN BANK 5.25% 8 JUL 2023 | $10,000 | $10,010 |
| FEDERAL HOME LOAN BANK 5.3% 20 NOV 2030 | $25,000 | $25,439 |
| FEDERAL HOME LOAN BANKS 1.75% 26 AUG 2033 | $24,813 | $19,667 |
| FEDERAL HOME LOAN BANKS 1.93% 09 JUN 2031 | $70,000 | $59,023 |
| FEDERAL HOME LOAN BANKS 4.84% 15 MAY 2030 | $10,000 | $9,815 |
| FEDERAL HOME LOAN BANKS 5.05% 15 MAY 2028 | $10,000 | $9,905 |
| FEDERAL HOME LOAN BANKS 5.2% 28 SEP 2037 | $24,250 | $24,340 |
| FEDERAL HOME LOAN BANKS 5.5% 28 MAR 2025 | $25,000 | $24,944 |
| FEDERAL HOME LOAN BANKS 6% 19 SEP 2033 | $10,000 | $10,171 |
| FEDERAL HOME LOAN BANKS 6% 19 SEP 2033 | $15,000 | $14,998 |
| FEDERAL HOME LOAN BANKS STEP CPN 1.125% 25 JAN 2027 | $25,000 | $25,058 |
| FEDERAL HOME LOAN BANKS 6% 28 MAR 2029 | $25,000 | $23,791 |
| FEDERAL HOME LOAN MORTGAGE CORP 4.5% 16 SEP 2027 | $45,000 | $44,325 |
| FEDERAL HOME LOAN MORTGAGE CORP 5.15% 28 AUG 2025 | $5,000 | $5,000 |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.3% 30 SEP 2024 | $25,000 | $24,937 |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 6% 26 APR 2027 | $5,000 | $5,028 |
| FEDERATED HERMES TOTAL RETURN BOND FUND | $40,191 | $40,641 |
| FREDDIE MAC GOLD POOL 4% 01 DEC 2031 | $9,603 | $9,225 |
| FREDDIE MAC GOLD POOL 4.5% 01 FEB 2024 | $9 | $9 |
| GUGGENHEIM - TOTAL RETURN BOND FUND | $35,843 | $32,925 |
| HUNTINGTON BANCHSHARES INC/OH 4% 15 MAY 2025 | $27,165 | $26,475 |
| L3HARRIS TECHNOLOGIES INC 5.4% | $25,041 | $25,532 |
| MARSH & MCLENNAN COS INC 3.875% 15 MAR 2024 | $3,996 | $3,983 |
| MERK & CO INC | $19,840 | $19,928 |
| MICROSOFT CORP 3.4% | $43,366 | $43,860 |
| MORGAN STANLEY BANK NA 5% | $3,000 | $3,001 |
| NORTHERN TRUST CORP 4% | $12,613 | $12,824 |
| NORTH IOWA ST AREA CMNTY CLG TXBL-NEW JOBS TRAINING CERTIF- 18 OCT 2022 5% 0 | $10,154 | $10,210 |
| ORACLE CORP 2.875% 25 MAR 2031 | $10,209 | $8,871 |
| OREGON ST TXBLE SUSTAINABLE CONDS | $9,444 | $9,650 |
| PAYPAL HOLDINGS INC 2.85% | $80,865 | $68,675 |
| PPG INDUSTRIES INC 2.55% 15 JUN 2030 | $34,185 | $26,122 |
| PPG INDUSTRIES INC 2.8% 15 AUG 2029 | $16,030 | $13,580 |
| QUEST DIAGNOSTICS INC 4.25% 01 APR 2024 | $5,012 | $4,982 |
| RALPH LAUREN CORP 3.75% 15 SEP 2025 | $50,655 | $48,962 |
| REGENERON PHARMACEUTICALS INC 1.75% 15 SEP 2030 | $14,612 | $12,333 |
| TCW TOTAL RETURN BOND FUND | $21,950 | $19,141 |
| VALERO ENERGY CORP 3.4% 15 SEP 2026 | $46,555 | $43,202 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AB LARGE CAP GROWTH FUND INC | $31,522 | $34,294 |
| ABERDEEN US SMALL CAP EQUITY FUND | $13,168 | $14,159 |
| BNY MELLON EQUITY INCOME FUND | $31,522 | $32,714 |
| FEDERATED STRATEGIC VALUE DIVIDEND FUND | $22,579 | $20,051 |
| FIDELITY OVERSEAS FUND/UNITED STATES | $39,782 | $48,568 |
| FMI INTERNATIONAL FUND | $39,588 | $46,791 |
| JP MORGAN MID CAP VALUE FUND | $42,523 | $41,344 |
| MFS MID CAP GROWTH FUND | $26,068 | $31,144 |
| VANGUARD 500 INDEX FUND ADM - VFIAX | $112,971 | $156,456 |
| VANGUARD EMERGINING MARKETS STOCK INDEX | $28,877 | $27,219 |
| WILLIAM BLAIR SMALL CAP VALUE FUND | $14,178 | $14,081 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $99,505 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $96,141 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | WRKCO INC 4.65% 15 MAR 2026 | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $24,304 | BookValueAmt |
| EOYFMV | $24,826 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MN AG FILING FEE | Desc |
| Revenue And Expenses Per Books | $25 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX OVERPAYMENT APPLIED | Desc |
| Amt | $998 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $18,605 | Amt |
| Net Investment Income | $18,605 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX PAID | CategoryTxt |
| Amt | $998 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |