ROBERT AND RITA ELMEN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT AND RITA ELMEN FOUNDATION (EIN 20-5767798)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202433199349106328
- 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
- Schedule B
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T18:07:35-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 460452856 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A & F RENTALL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 5103 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57117 | 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 | 205767798 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROBERT AND RITA ELMEN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 6053381800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 W 11TH | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS WHALEN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6053381800 | PhoneNum |
| Signature | 2024-05-13 | 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 | THOMAS J WHALEN | PreparerPersonNm |
| PTIN | P01291439 | PTIN |
| Phone | 6053381800 | PhoneNum |
| Preparation | 2024-11-14 | 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 | $97,849,927 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $9,800,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $59,441 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $59,441 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,460,665 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,460,668 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $612,135 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $612,135 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $612,135 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $512,638 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $177,191 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $177,191 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $13,109,432 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,822,073 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $120,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $248,813 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $233,813 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $15,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $93,329 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $93,329 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $0 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $462,142 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $327,142 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $135,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,503,815 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,503,815 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,965,957 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $327,142 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,638,815 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,143,475 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,494,931 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,130,876 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,413,128 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,413,128 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $63,536,197 | CorporateStockBOYAmt |
| Corporate Stock EOY | $64,540,953 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $70,983,032 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $641,851 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $524,776 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $844,278 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $8,500,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $2,284,462 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments EOY | $6,215,538 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $8,500,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $13,333,166 | OtherAssetsBOYAmt |
| Other Assets EOY | $13,806,708 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $15,109,489 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $80,642,090 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,501,103 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $97,849,927 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $80,642,090 | RetainedEarningBOYAmt |
| Retained Earning EOY | $87,501,103 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $80,642,090 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $87,501,103 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $80,642,090 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $87,501,103 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $80,642,090 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,143,475 | ExcessRevenueOverExpensesAmt |
| Subtotal | $89,785,565 | SubtotalAmt |
| Other Decreases | $2,284,462 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $87,501,103 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SCWAB INTERNATIONAL ETF SCHF | D | 2019-12-27 | 2023-12-07 | $199,833 | $0 | $185,723 | $14,110 | $0 | $0 | $0 | $14,110 |
| PUERTO RIO COMWLTH | D | 2021-12-02 | 2023-12-28 | $19,290 | $0 | $18,881 | $409 | $0 | $0 | $0 | $409 |
| PUERTO RIO COMWLTH | D | 2021-12-02 | 2023-12-28 | $32,997 | $0 | $32,997 | $0 | $0 | $0 | $0 | $0 |
| PUERTO RIC COMELTH | D | 2021-12-02 | 2023-12-28 | $45,185 | $0 | $42,943 | $2,242 | $0 | $0 | $0 | $2,242 |
| ISHARES CORE MSCI ETF IEFA | D | 2021-12-02 | 2023-11-15 | $1,165,659 | $0 | $993,578 | $172,081 | $0 | $0 | $0 | $172,081 |
| VANGUARD FSTE DEVELOPED VEA | D | 2019-12-27 | 2023-11-15 | $1,630,145 | $0 | $1,310,274 | $319,871 | $0 | $0 | $0 | $319,871 |
| VANGUARD REAL ESTATE ETF VNQ | D | 2021-12-27 | 2023-11-15 | $238,853 | $0 | $234,928 | $3,925 | $0 | $0 | $0 | $3,925 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $512,638 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,580 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $48,580 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $48,580 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $65,963 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $65,963 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$65,963 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $412 | EsPenaltyAmt |
| Overpayment | $16,971 | OverpaymentAmt |
| Applied To ES Tax | $16,971 | AppliedToESTaxAmt |
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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | SD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THOMAS J WHALEN | IndividualWithBooksNm |
| Phone | 6053381800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 W 11TH STREET | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57104 | 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 | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 |
|---|---|---|---|---|---|---|---|---|
| JULIE D ELMEN | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | PRESIDENT | 3.00 | $30,000 | $0 | $0 |
| THOMAS J WHALEN | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | TREASURER | 8.00 | $45,000 | $0 | $0 |
| VANCE GOLDAMMER | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | SECRETARY | 3.00 | $30,000 | $0 | $0 |
| SARAH KOPP | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | VICE PRESIDENT | 3.00 | $30,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE PLANNING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5454 W 110TH ST | AddressLine1Txt |
| City | LEAWOOD | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISOR | ServiceTypeTxt |
| Compensation | $233,813 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $93,840,824 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $93,840,824 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $93,840,824 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,407,612 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $92,433,212 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,621,661 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,621,661 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,580 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,580 | TotalTaxAmt |
| Distributable Before Adj | $4,573,081 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,573,081 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,573,081 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,638,815 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,638,815 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,573,081 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,625,136 | UndistributedIncomePYAmt |
| 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 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,638,815 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,625,136 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $13,679 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $13,679 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $13,679 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $4,559,402 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| SD PARKS AND WILDLIFE FDN | ||||||
| 523 E CAPITOL AVE | PIERRE | SD | 57501 | 501(c)3 | BUILDING PROJECT | $80,000 |
| UNITED WAY | ||||||
| 1000 N WEST | SIOUX FALLS | SD | 57104 | PUBLICCHARITY | OPERATING | $1,000 |
| AUGUSTANA COLLEGE | ||||||
| 2001 SUMMIT AVE | SIOUX FALLS | SD | 57197 | 501(3)CCOLLEGE | BUILDING | $200,000 |
| SIOUX FALLS CARE | ||||||
| PO BOX 89106 | SIOUX FALLS | SD | 57109 | PUBLICCHARITY501(c)3 | OPERATING | $20,000 |
| THE BANQUET | ||||||
| 900 E 8TH ST | SIOUX FALLS | SD | 57103 | PUBLIC CHARITY501(c) | FEEDING MEALS | $20,000 |
| GUSTAVUS ADOPHUS COLLEGE | ||||||
| 800 WEST COLLEGE AVE | SAINT PETER | MN | 56082 | EDUCATIONAL501(c)3 | OPERATING | $10,000 |
| ALZHEIMER'S DISEASE RES FDN | ||||||
| 34 WASHINGTON ST SUITE310 | WELLESLEY HILLS | MA | 02481 | 501(c)3 | RESERACH | $100,000 |
| SD SYMPHONY ORCHESTRA | ||||||
| 301 S MAIN | SIOUX FALLS | SD | 57104 | 501(c)3 | OPERATING | $65,000 |
| GREAT PLAINS ZOO | ||||||
| 805 S KIWANIS | SIOUX FALLS | SD | 57104 | 501(c)3 | ZOO FOR EVERYONE | $10,000 |
| BRAIN & BEHAVIOR RESERACH COUNCIL | ||||||
| 90 PARK AVE 16TH FLOOR | NEW YORK | NY | 100161301 | 501(c3 | RESERACH | $120,000 |
| ST FRANCIS HOUSE | ||||||
| 1301 E AUSTIN ST | SIOUX FALLS | SD | 57103 | 501(c)3 | SHELTER TRAININGFOR THOSE IN NEED | $20,000 |
| AUGUSTANA UNINVESITY | ||||||
| 2201 S SUMMIT | SIOUX FALLS | SD | 57197 | EDUCATIONAL501(3)C | OPERATING FORTHE LIBRARY | $10,000 |
| THE GLORY HOUSE | ||||||
| 3930 S WEST AVE | SIOUX FALLS | SD | 57104 | 501(c)3 | LONG TERM HOUSING | $15,000 |
| LEVITT FOUNDATION | ||||||
| 524 N MAIN | SIOUX FALLS | SD | 57104 | 501 (c)3 | OPERATING | $35,000 |
| FACE IT TOGETHER | ||||||
| 636 S BROADWAY | DENVER | CO | 80209 | 501(c)3 | OPERATING | $20,000 |
| OUR SAVIORS LUTHERAN | ||||||
| 909 WEST 33RD STREET | SIOUX FALLS | SD | 57105 | 501(c)3 | LIBRARY | $250,000 |
| SD PARKS AND WILDLIFE FDN | ||||||
| 523 CAPITOL AVE | PIERRE | SD | 57501 | 501(c)3 | PALISADES STATEPARKCAPITAL CAMP. | $125,000 |
| EMILYS HOPE | ||||||
| 6225 S MINNESOTA AVE | SIOUX FALLS | SD | 57108 | 501(c)3 | TO HELP THOSE WITH DRUG ADDICTION | $10,000 |
| LUNCH IS SERVED | ||||||
| 1600 E 12TH | SIOUX FALLS | SD | 57103 | 501(c)3 | OPERATING | $15,000 |
| CALL TO FREEDOM | ||||||
| 1800 W 12TH ST | SIOUX FALLS | SD | 57104 | 501(c)3 | TO STOP SEXTRAFFICING | $35,000 |
| SANSUM DIABETES RESERACH | ||||||
| 2219 BATH ST | SANTA BARBARA | CA | 93105 | 501(c)3 | RESERACH | $120,000 |
| TALL GRASS | ||||||
| 27048 TALLGRASS AVE | SIOUX FALLS | SD | 57108 | 501(c)3 | ALCOHOL AND DRUGADDICTION TREATMENT | $10,000 |
| FEEDING SOUTH DAKOTA | ||||||
| 1401 N WESTPORT | SIOUX FALLS | SD | 57107 | 501(C)3 | FOOD FOR THE NEEDY | $40,000 |
| BISHOP DUDLEY HOUSE | ||||||
| 101 N INDIANA | SIOUX FALLS | SD | 57103 | 501(c)3 | SHELTER FORHOMELESS | $20,000 |
| SF AREA COMMUNITY FOUNDATION | ||||||
| 200 N CHERAPA PLACE | SIOUX FALLS | SD | 57103 | 501(c)3 | SCIENCE BLDGFOR AUGUSTANAUIVERSITY | $1,625,000 |
| ST VINCENT de PAUL (DIAPER MINISTRY | ||||||
| 431 N CLIFF AVE | SIOUX FALLS | SD | 57103 | 501(c)3 | DIAPERS | $12,000 |
| EXPONTENT PHILANTHROPY | ||||||
| 1720 N Street NW | Washington | DC | 20036 | 501(c)3 | OPERATIONS | $815 |
| SD PARKS & WILDLIFE | ||||||
| 523 E Capitol Ave | PIERRE | SD | 57501 | 501(c)3 | OUTDOOR CAMPUSEXPANSION | $25,000 |
| AVERA FOUNDATION | ||||||
| PO BOX 5045 | SIOUX FALLS | SD | 571175045 | 501(c)3 | BUILDING FUND | $50,000 |
| WEGNER ARBORETUM SOCIETY | ||||||
| 5207 SWEETBRIAR CT | SIOUX FALLS | SD | 57108 | 501(c)3 | TREE EDUCATIONGARDEN | $300,000 |
| CENTER FOR WESTERN STUDIES | ||||||
| 2201 S SUMMIT AVE | SIOUX FALLS | SD | 57197 | 501(c)3 | OPERATING | $10,000 |
| PROMISING FUTURE | ||||||
| 200 N CHERAPA PLACE | SIOUX FALLS | SD | 57103 | 501(c)3 | OPERATING | $35,000 |
| LUTHERAN SOCIAL SERVICES | ||||||
| 909 WEST 33RD STREET | SIOUX FALLS | SD | 57105 | 501(c)3 | MULTI CULURALCENTER | $50,000 |
| CHILDRENS HOME SOCIETY | ||||||
| 113 N ST PAUL AVE | SIOUX FALLS | SD | 57103 | 501(c)3 | OPERATIONS | $25,000 |
| HELP LINE | ||||||
| 3817 S ELMWOOD AVE | SIOUX FALLS | SD | 57105 | 501(c)3 | SUCIDE PREVENTION | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,503,815 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $59,441 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,460,665 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $612,135 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $512,638 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LONG TERM CAPIAL GAIN | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $177,191 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,822,070 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,822,070 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| RITA ELMEN ESTATE | |||||||
| 1 | 2901 W 11TH STREET | SIOUX FALLS | SD | 57104 | $8,500,000 | Yes (X) | |
| RITA ELMEN ESTATE | |||||||
| 2 | 2901 W 11TH ST | SIOUX FALLS | SD | 57104 | $1,300,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | THE RIBOB LLC | NoncashPropertyDesc |
| Fair Market Value | $8,500,000 | FairMarketValueAmt |
| Received | 2023-01-01 | ReceivedDt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NORTHERN PAC RY CO GEN LIEN 3% | $358,651 | $693,005 |
| PUERTO RICO | $166,125 | $151,273 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (29 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| isISHARES MSCI EMERGING MARKET ETF IEMG | $1,399,895 | $1,703,231 |
| ISHARES CORE S&P 500 ETF | $1,758,543 | $4,029,764 |
| ISHARES CORE US AGGREGATE BOND | $4,188,182 | $4,022,206 |
| ISHARES MSCI EAFE SMALL-CAP | $535,081 | $670,687 |
| ISHARES 3-7 YR TREASURY BOND ETF | $211,133 | $201,229 |
| ISHARES MICRO CAP ETF | $137,712 | $159,309 |
| ISHARES CORE MSCI EAFE ETF | $555,237 | $708,354 |
| SCHWAB STRATEGIC TR US LRG CAP ETF | $2,937,164 | $2,966,753 |
| SCHWAB STRATEGIC TR | $8,956,025 | $8,703,821 |
| SCHWAB STRATEGIC TR US REIT ETF | $3,068,718 | $2,535,028 |
| EWX | $44,246 | $42,514 |
| SPDR SERIES TR PORTFOLIO SHORT ETF | $1,339,520 | $1,354,007 |
| SPDR SERIES TR PORT S&P 400 | $343,154 | $3,337,223 |
| VANGUARD TOTAL BOND MARKET INDEX FUND BND | $5,401,414 | $5,261,032 |
| VAVGUARD FTSE EMR MKT ETF VWO | $8,866,160 | $7,397,466 |
| VANGUARD INTER TERM TREAS VGIT | $135,857 | $1,103,352 |
| VANGUARD INTERMEDIATE TERM CORP BD VCIT | $2,567,537 | $1,560,576 |
| VANGUARD REIT EFT INDEX VNQ | $1,804,029 | $1,781,426 |
| VANGUARD CRSP US MID CAP INDEX VO | $822,896 | $1,780,161 |
| VANGUARD LARGE CAP VV | $140,192 | $140,489 |
| WISDOMTREE EMERGING MARKETS SMALLCAP DIV FUND | $3,239,840 | $3,110,565 |
| BERSHIRE HATHAWAY INC | $247,288 | $773,952 |
| CANADIAN PACIFIC RAILWAY | $6,001,199 | $6,478,967 |
| PROCTOR & GAMBLE | $2,162,921 | $2,178,464 |
| MR COOPER | $0 | $65 |
| T | $643,556 | $585,622 |
| WBD | $112,701 | $96,070 |
| WASTE MANAGEMENT | $1,625,550 | $1,791,000 |
| POET | $5,295,203 | $6,509,699 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| HY VEE GROCERY STORE BUILDING | $4,649,500 | $597,672 | $4,051,828 |
| EQIPMENT | $1,236,749 | $1,236,749 | $0 |
| PARKING LOT | $978,350 | $450,041 | $528,309 |
| LAND | $1,635,401 | $0 | $1,635,401 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DFA US MICRO CAP FD | $2,208,393 | $2,233,693 | $2,485,013 |
| DFA ONE TEAR FIXED INCOME INST | $3,887 | $4,019 | $4,006 |
| DEMSX EMERGING MARKETS SMALL CAP | $925,520 | $956,837 | $1,087,339 |
| DFA INTERNATIONAL SMALL COMPANY | $4,221,317 | $4,394,470 | $4,679,428 |
| DFA US SMALL CAP VALUE PORT | $5,958,659 | $6,202,299 | $6,839,644 |
| PIMCO FUNDS SENIOR FLOATING | $15,390 | $15,390 | $14,059 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIFFERENCE IN BOOK VALUE OF GIFT AND FAIR MARKET VALUE OF GIFT | Desc |
| Amt | $2,284,462 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LONG TERM CAP GAIN | Desc |
| Revenue And Expenses Per Books | $177,191 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $177,191 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CREATIVE PLANNING INC INVESTMENT | $233,813 | |
| THOMAS J. WHALEN ACCOUNTING AND TAX PRRP | $15,000 | $15,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES | $60,000 | $60,000 |
| FOREIGN TAXES | $33,329 | $33,329 |