HOMER I & PERSEPHONE B WATTS MEMORIAL TR: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HOMER I & PERSEPHONE B WATTS MEMORIAL TR (EIN 93-6082689)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-10-29
- IRS object ID
- 202433039349101058
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-29T11:01:14-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 GRANT STREET 45TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 936082689 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMER IP B WATTS MEMORIAL TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WATT | BusinessNameControlTxt |
| Phone | 5034643580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK N A BY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 5034643580 | PhoneNum |
| Signature | 2024-08-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALLISON J VALENTY | PreparerPersonNm |
| PTIN | P00963824 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2024-08-23 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $698,053 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $18,165 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,012 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,875 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $395,624 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,875 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $413 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $25 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $29,453 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,912 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $10,569 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $9,512 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,057 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $273 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $273 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $78 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $78 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,420 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,785 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,635 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $27,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $27,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $39,920 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,785 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $30,135 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$10,467 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $19,127 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $14,213 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $26,734 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $26,734 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Investments BOY | $568,343 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $545,353 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $671,319 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $582,556 | TotalAssetsBOYAmt |
| Total Assets EOY | $572,087 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $698,053 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $582,556 | CapitalStockBOYAmt |
| Capital Stock EOY | $572,087 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $582,556 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $572,087 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $582,556 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $572,087 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $582,556 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$10,467 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $572,089 | SubtotalAmt |
| Other Decreases | $2 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $572,087 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (36 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 391. ISHARES FLOATING RATE BOND ETF | 2021-12-29 | 2023-12-27 | $19,763 | $19,836 | -$73 | -$73 | |
| 2682.38 BAIRD AGGREGATE BOND FD INSTL | 2018-07-24 | 2024-04-11 | $25,563 | $28,272 | -$2,709 | -$2,709 | |
| 921.846 BARON EMERGING MARKETS INSTITUTIONAL | 2021-12-29 | 2024-04-11 | $13,358 | $15,976 | -$2,618 | -$2,618 | |
| 43.247 BLACKROCK ADVANTAGE SMALL CAP CORE | 2021-12-29 | 2024-04-11 | $738 | $799 | -$61 | -$61 | |
| 2332.4 FEDERATED HERMES INSTL HI YLD BD IS | 2018-07-24 | 2024-04-11 | $20,245 | $22,670 | -$2,425 | -$2,425 | |
| 998.474 FIDELITY MID CAP INDEX FUND | 2021-12-29 | 2024-04-11 | $31,622 | $31,951 | -$329 | -$329 | |
| 797.716 HARDING LOEVNER INTERNATIONAL EQUITY | 2018-07-24 | 2024-04-11 | $20,757 | $18,397 | $2,360 | $2,360 | |
| 442. ISHARES INTERMEDIATE GOVT CRDT ETF | 2017-08-07 | 2024-04-11 | $45,258 | $48,617 | -$3,359 | -$3,359 | |
| 532. ISHARES TRUST ISHARES 1 5 YEAR ETF | 2021-12-29 | 2024-04-11 | $26,972 | $28,683 | -$1,711 | -$1,711 | |
| 791. ISHARES MSCI USA MIN VOL FACTOR ETF | 2018-07-24 | 2024-04-11 | $64,450 | $44,383 | $20,067 | $20,067 | |
| 1400.615 P I M C O FOREIGN BOND FD US HD INST | 2018-07-24 | 2024-04-11 | $13,782 | $15,115 | -$1,333 | -$1,333 | |
| 2070.307 TCW EMERGING MARKETS INCOME FUND | 2013-02-26 | 2024-04-11 | $13,312 | $18,127 | -$4,815 | -$4,815 | |
| 172.308 VANGUARD INTERNATIONAL GROWTH FUND | 2018-07-24 | 2024-04-11 | $18,506 | $17,851 | $655 | $655 | |
| 148. VANGUARD GLOBAL EX U S REAL ETF | 2019-08-14 | 2024-04-11 | $6,073 | $8,077 | -$2,004 | -$2,004 | |
| 139. VANGUARD REIT ETF | 2019-08-14 | 2024-04-11 | $11,522 | $12,178 | -$656 | -$656 | |
| 314. ISHARES CORE U.S. AGGREGATE BOND ETF | 2024-04-11 | 2024-05-23 | $30,314 | $30,073 | $241 | $241 | |
| 126.737 PRICE T ROWE GROWTH STK FD INC COM | 2019-10-21 | 2024-05-23 | $12,461 | $12,714 | -$253 | -$253 | |
| 155.302 VANGUARD EQUITY INCOME ADM | 2019-08-14 | 2024-05-23 | $13,938 | $11,030 | $2,908 | $2,908 | |
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P | |||||
| CAPITAL GAIN DIVIDENDS | $6,990 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,875 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $266 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $266 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $266 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $176 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $176 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $90 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OR | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5034644908 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | US BANK N A | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $10,569 | CompensationAmt |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $648,506 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $26,323 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $674,829 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $674,829 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,122 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $664,707 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $33,235 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $33,235 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $266 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $266 | TotalTaxAmt |
| Distributable Before Adj | $32,969 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $32,969 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $32,969 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $30,135 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $30,135 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $32,969 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $13,608 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,608 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $30,135 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $30,135 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,834 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,834 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,774 | 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 | $10,774 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $10,774 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MR MELVIN SCHMIDTGALL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 533 | AddressLine1Txt |
| City | ATHENA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5415663578 | RecipientPhoneNum |
| Form And Info And Materials | CONTACT ABOVE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | CONTACT ABOVE | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE HOMER I & PERSEPHONE B WATTS FOUNDATION IS A BROAD, CHARITABLE PURPOSE FUND WHICH ALSO PROVIDES SCHOLARSHIP ASSISTANCE TO INDIVIDUALS WHO ARE RESIDENTS OF UMATILLA COUNTY, OREGON. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| UNIVERSITY OF OREGON | |||||||
| 1278 UNIVERSITY OF OREGON | EUGENE | OR | 97403 | NONE | I | SCHOLARSHIP | $3,000 |
| WALLA WALLA COMMUNITY COLLEGE | |||||||
| 500 TAUSICK WAY | WALLA WALLA | WA | 99362 | NONE | I | SCHOLARSHIP | $1,500 |
| EASTERN OREGON UNIVERSITY | |||||||
| ONE UNIVERSITY BLVD | LA GRANDE | OR | 97850 | NONE | I | SCHOLARSHIP | $3,000 |
| RIPON COLLEGE | |||||||
| 300 W SEWARD ST | RIPON | WI | 54971 | NONE | I | SCHOLARSHIP | $3,000 |
| ATHENA MAIN STREET ASSOCIATION | |||||||
| PO BOX 333 | ATHENA | OR | 978130333 | NONE | PC | GENERAL OPERATING | $1,000 |
| WESTON-MCEWEN HIGH SCHOOL BOOSTER CLUB | |||||||
| PO BOX 217 | ATHENA | OR | 978130217 | NONE | I | SCHOLARSHIP | $4,000 |
| WHITWORTH UNIVERSITY | |||||||
| 300 W HAWTHORNE RD | SPOKANE | WA | 992512515 | NONE | I | SCHOLARSHIP | $3,000 |
| GEORGE FOX UNIVERSITY | |||||||
| 414 N MERIDIAN ST | NEWBERG | OR | 971322697 | NONE | I | SCHOLARSHIP | $3,000 |
| UNIVERSITY OF IDAHO | |||||||
| 875 PERIMETER FR | MOSCOW | ID | 83844 | NONE | I | SCHOLARSHIP | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $27,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,165 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,875 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME | 1 | $25 |
| FEDERAL TAX REFUND | 1 | $388 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $29,453 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,453 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $1,500 | Amt |
| Disbursements Charitable Prps | $1,500 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (36 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 922908553 VANGUARD REAL ESTATE | |||
| 922042676 VANGUARD GLOBAL EX U | |||
| 74440B884 PGIM TOTAL RETURN BO | AT COST | $66,853 | $60,334 |
| 46432F842 ISHARES CORE MSCI EA | AT COST | $30,134 | $33,124 |
| 46429B697 ISHARES MSCI USA MIN | |||
| 091936450 BLACKROCK ADVANTAGE | |||
| 31420B300 FEDERATED HERMES INS | |||
| 412295107 HARDING LOEVNER INTE | |||
| 921921300 VANGUARD EQUITY INCO | AT COST | $36,931 | $59,068 |
| 741479109 PRICE T ROWE GROWTH | AT COST | $23,971 | $64,037 |
| 464288646 ISHARES TRUST ISHARE | |||
| 46429B655 ISHARES FLOATING RAT | |||
| 693390882 P I M C O FOREIGN BO | |||
| 316146265 FIDELITY MID CAP IND | |||
| 921910501 VANGUARD INTERNATION | |||
| 87234N765 TCW EMERGING MARKETS | |||
| 464288612 ISHARES INTERMEDIATE | |||
| CASH CASH | |||
| 46434G103 ISHARES CORE MSCI EM | AT COST | $25,796 | $28,639 |
| 779572106 T ROWE PRICE SMALL C | AT COST | $15,746 | $26,020 |
| 057071854 BAIRD AGGREGATE BOND | |||
| 06828M876 BARON EMERGING MARKE | |||
| 922908710 VANGUARD 500 INDEX A | AT COST | $58,315 | $112,445 |
| 024524217 AMERICAN BEACON STEP | AT COST | $15,000 | $14,756 |
| 03463K406 ANGEL OAK MULTI STRA | AT COST | $20,000 | $20,309 |
| 04314H568 ARTISAN HIGH INCOME | AT COST | $25,000 | $25,056 |
| 22544R305 CREDIT SUISSE COMMOD | AT COST | $20,192 | $19,493 |
| 46137V357 INVESCO S P 500 EQUA | AT COST | $13,326 | $13,142 |
| 464287226 ISHARES CORE U.S. AG | AT COST | $59,955 | $60,766 |
| 464287432 ISHARES 20 YEAR TREA | AT COST | $5,938 | $6,057 |
| 464287473 ISHARES RUSSELL MIDC | AT COST | $15,009 | $14,851 |
| 464287499 ISHARES RUSSELL MID | AT COST | $30,043 | $29,675 |
| 464288877 ISHARES MSCI EAFE VA | AT COST | $20,042 | $19,731 |
| 524686524 CLEARBRIDGE INTERNAT | AT COST | $20,000 | $20,406 |
| 808524847 SCHWAB US REIT ETF | AT COST | $20,102 | $20,529 |
| 861728400 STONE RIDGE HY REINS | AT COST | $23,000 | $22,881 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEE/TAX | Desc |
| Revenue And Expenses Per Books | $78 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $78 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $25 | $25 |
| FEDERAL TAX REFUND | $388 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $163 | $163 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $110 | $110 | $0 |