LINDA REDMANN SCHOLARSHIP TR: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LINDA REDMANN SCHOLARSHIP TR (EIN 38-7147993)
- Tax period
- 2023-09-01 to 2024-08-31
- Filed
- 2025-01-16
- IRS object ID
- 202520169349100802
- Schema version
- 2023v6.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-01-16T14:01:12-05:00 | ReturnTs |
| Tax Period End | 2024-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 WACKER DR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 387147993 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDA REDMANN SCHOLARSHIP TR 1020000264 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIND | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 SOUTH COLUMBIA ROAD | AddressLine1Txt |
| City | GRAND FORKS | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALERUS FINANCIAL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Signature | 2025-01-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DONNA GIKAS | PreparerPersonNm |
| PTIN | P10451693 | PTIN |
| Phone | 3128792850 | PhoneNum |
| Preparation | 2025-01-16 | 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 | $554,189 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Dividends Rev And Expnss | $21,645 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $21,605 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,653 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $166,263 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,653 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $23,298 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $23,258 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $6,823 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $6,823 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $6,823 | 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 |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $332 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $123 | 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 | $1,069 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,069 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $8,224 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,015 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,823 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $25,600 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $25,600 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $33,824 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,015 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $32,423 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$10,526 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,243 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $18,272 | CashBOYAmt |
| Cash EOY | $11,122 | CashEOYAmt |
| Cash EOYFMV | $11,122 | CashEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $267,833 | CorporateStockBOYAmt |
| Corporate Stock EOY | $266,523 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $326,050 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $229,550 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $226,399 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $217,017 | CorporateBondsEOYFMVAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $515,655 | TotalAssetsBOYAmt |
| Total Assets EOY | $504,044 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $554,189 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $515,655 | CapitalStockBOYAmt |
| Capital Stock EOY | $504,044 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $515,655 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $504,044 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $515,655 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $504,044 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $515,655 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$10,526 | ExcessRevenueOverExpensesAmt |
| Other Increases | $245 | OtherIncreasesAmt |
| Subtotal | $505,374 | SubtotalAmt |
| Other Decreases | $1,330 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $504,044 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (41 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 88. ADR BHP BILLITON LTD | 2022-07-08 | 2023-09-06 | $5,126 | $4,738 | $388 | $388 |
| 132. CMS ENERGY CORP COM | 2023-06-21 | 2023-09-06 | $7,235 | $7,975 | -$740 | -$740 |
| 80. RIO TINTO PLC ADR | 2022-07-06 | 2023-09-06 | $5,044 | $5,121 | -$77 | -$77 |
| 15.651 COHEN AND STEERS GLOBAL REALTY I | 2022-10-17 | 2023-09-13 | $755 | $714 | $41 | $41 |
| 254.78 COHEN AND STEERS GLOBAL REALTY I | 2022-06-07 | 2023-09-13 | $12,298 | $13,476 | -$1,178 | -$1,178 |
| 390.517 INVESCO STEELPATH MLP SELECT 40 CL R6 | 2022-10-06 | 2023-10-02 | $2,874 | $1,448 | $1,426 | $1,426 |
| 460.961 ALLIANCEBERNSTEIN HIGH INCOME ADVISOR | 2022-08-19 | 2023-10-02 | $3,015 | $3,160 | -$145 | -$145 |
| 12. EXXON MOBIL CORP COM | 2022-07-08 | 2023-10-02 | $1,381 | $1,038 | $343 | $343 |
| 21. INTEL, INC. | 2022-07-25 | 2023-10-02 | $736 | $823 | -$87 | -$87 |
| 557.60212 JP MORGAN EQUITY PREMIUM INCOME I | 2023-09-18 | 2023-10-19 | $7,366 | $7,659 | -$293 | -$293 |
| 927.60388 JP MORGAN EQUITY PREMIUM INCOME I | 2023-09-13 | 2023-10-19 | $12,254 | $12,755 | -$501 | -$501 |
| 43. ABBOTT LABORATORIES | 2023-10-02 | 2023-11-10 | $4,019 | $4,096 | -$77 | -$77 |
| 106. ISHARES BARCLAYS 20+YR TREAS BOND FD | 2023-10-20 | 2023-11-10 | $9,330 | $10,979 | -$1,649 | -$1,649 |
| 10. EXXON MOBIL CORP COM | 2022-07-08 | 2023-11-17 | $1,049 | $863 | $186 | $186 |
| 25000. WELLS FARGO & COMPANY 4.48% 01/16/2024 | 2018-05-17 | 2024-01-16 | $25,000 | $25,000 | ||
| 105. ISHARES CORE S&P SMALL-CAP ETF BARCLAYS 7-10 YR TREAS BD FD ETF | 2023-11-10 | 2024-02-06 | $9,992 | $9,573 | $419 | $419 |
| .25 SOLVENTUM CORP. COM SHS | 2023-09-06 | 2024-04-02 | $16 | $17 | -$1 | -$1 |
| 282. HP INC | 2023-11-17 | 2024-04-12 | $8,009 | $7,849 | $160 | $160 |
| 19. SOLVENTUM CORP. COM SHS | 2024-01-24 | 2024-04-12 | $1,188 | $1,208 | -$20 | -$20 |
| 1. BROADCOM CORP | 2018-07-17 | 2024-05-13 | $1,332 | $206 | $1,126 | $1,126 |
| 122. FIFTH THIRD BANCORP | 2023-05-24 | 2024-05-13 | $4,662 | $3,092 | $1,570 | $1,570 |
| 9. JP MORGAN CHASE & CO | 2016-01-20 | 2024-05-13 | $1,788 | $514 | $1,274 | $1,274 |
| 9. OMNICOM GROUP INC | 2021-01-05 | 2024-05-13 | $866 | $561 | $305 | $305 |
| 16. UNILEVER PLC ADR | 2022-07-08 | 2024-05-13 | $862 | $741 | $121 | $121 |
| 9. EATON CORP PLC | 2015-12-15 | 2024-05-13 | $2,962 | $461 | $2,501 | $2,501 |
| 17. SEAGATE TECHNOLOGY | 2021-07-21 | 2024-05-13 | $1,584 | $1,405 | $179 | $179 |
| 9. CHEVRONTEXACO CORP COM | 2021-08-20 | 2024-05-29 | $1,410 | $906 | $504 | $504 |
| 5. UNION PAC CORP | 2023-01-20 | 2024-05-29 | $1,132 | $1,035 | $97 | $97 |
| 14. ABBVIE INC | 2022-01-06 | 2024-06-18 | $2,400 | $1,902 | $498 | $498 |
| 15. MERCK & CO INC NEW | 2021-12-28 | 2024-06-18 | $1,922 | $1,097 | $825 | $825 |
| 9. UNION PAC CORP | 2023-01-20 | 2024-06-18 | $2,004 | $1,863 | $141 | $141 |
| 14. OMNICOM GROUP INC | 2023-10-20 | 2024-06-20 | $1,251 | $1,044 | $207 | $207 |
| 64. OMNICOM GROUP INC | 2022-06-21 | 2024-06-20 | $5,719 | $4,756 | $963 | $963 |
| 12. INTERNATIONAL BUSINESS MACHINES, INC. | 2019-05-22 | 2024-07-26 | $2,295 | $1,545 | $750 | $750 |
| 17. SEAGATE TECHNOLOGY | 2021-07-21 | 2024-07-26 | $1,763 | $1,418 | $345 | $345 |
| 26. 3M COMPANY | 2023-09-06 | 2024-07-31 | $3,309 | $2,330 | $979 | $979 |
| 62. INTEL, INC. | 2024-05-13 | 2024-08-22 | $1,267 | $1,901 | -$634 | -$634 |
| 209. INTEL, INC. | 2022-10-17 | 2024-08-22 | $4,272 | $7,348 | -$3,076 | -$3,076 |
| 170. METLIFE INC PREFERRED SECURITY CALLABLE | 2020-07-09 | 2024-08-30 | $3,674 | $4,257 | -$583 | -$583 |
| 510. THE CHARLES SCHWAB CORPORATION DEPOSITARY SHARES, EACH REPRESENTI | 2021-09-15 | 2024-08-30 | $10,788 | $13,679 | -$2,891 | -$2,891 |
| 305. US BANCORP DEL DEPOSITARY SHARES EACH REPRESENTING A 1/1,000TH IN | 2020-12-16 | 2024-08-30 | $5,304 | $7,635 | -$2,331 | -$2,331 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,653 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $212 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $212 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $212 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $212 | 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 | ND | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | 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 | false | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALERUS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7017953325 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 SOUTH COLUMBIA ROAD | AddressLine1Txt |
| City | GRAND FORKS | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58201 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alerus Financial | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 S Columbia Rd | AddressLine1Txt |
| City | Grand Forks | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $6,823 | 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PAID TO TRINITY BIBLE COLLEGE 2023 FALL SCHOLARSHIP FOR ISABELLA DREGER (R - CHERYL) | Description1Txt |
| Description2 | PAID TO VALLEY CITY STATE UNIVERSITY 2023 FALL SCHOLARSHIP FOR RYLAN PARSLEY (R - CHERYL) | Description2Txt |
| Description3 | PAID TO UNIVERSITY OF MARY 2023 FALL SCHOLARSHIP FOR KAYLEE KEMP (R - CHERYL) | Description3Txt |
| Description4 | PAID TO NORTHLAND COMMUNITY & TECHNICAL COLLEGE 2023 FALL SCHOLARSHIP FOR PAIGE GUNDERSON (R - CHERYL) | Description4Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $523,196 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,950 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $534,146 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $534,146 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,012 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $526,134 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $26,307 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $26,307 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $212 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $212 | TotalTaxAmt |
| Distributable Before Adj | $26,095 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $26,095 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $26,095 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $32,423 | 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 | $32,423 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $26,095 | 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 | $19,043 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $9,226 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $28,269 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $32,423 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $26,095 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $6,328 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $34,597 | 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 | $34,597 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $19,043 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $9,226 | ExcessFromYear1Amt |
| Excess From Current Year | $6,328 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| LINDA REDMANN TRUST | |||||||
| 2300 SOUTH COLUMBIA ROAD | GRAND FORKS | ND | 58201 | NONE | PC | SCHOLARSHIPS | $6,400 |
| North Dakota State University | |||||||
| 1301 ADMINISTRATION AVE N | Fargo | ND | 58105 | SCHOLARSHIPS | $6,400 | ||
| LAKE REGION STATE COLLEGE | |||||||
| 1801 COLLEGE DRIVE NORTH | Devils Lake | ND | 58301 | GRANT | $3,200 | ||
| VALLEY CITY STATE COLLEGE | |||||||
| 101 COLLEGE STREET SW | Valley City | ND | 58072 | GRANT | $3,200 | ||
| University of Jamestown | |||||||
| 6000 COLLEGE LN | Jamestown | ND | 58405 | NONE | PC | SCHOOLARSHIP | $3,200 |
| Bismarck State College | |||||||
| 1425 SCHAFER ST | Bismarck | ND | 58501 | NONE | PC | SCHOOLARSHIP | $3,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $25,600 | 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 | $21,645 | 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 | $1,653 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $23,298 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $23,298 | 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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (11 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS GROUP INC 5% | $25,252 | $24,809 |
| GOLDMAN SACHS GROUP INC 5.75% | ||
| JP MORGAN CHASE & CO 4.125% | $25,698 | $24,836 |
| SHERWIN WILLIAMS CO 3.45% SNR | $26,259 | $24,368 |
| SYSCO CORPORATION 5.95% SNR PI | $29,563 | $26,690 |
| VERIZON COMMUNICATIONS 4.016% | $27,183 | $24,475 |
| WELLS FARGO & COMPANY 4.48% | ||
| ALLIANCEBERNSTEIN HIGH INCOME | $24,800 | $25,610 |
| DOLLAR TREE INC 4.2% SNR NTS | $31,728 | $29,462 |
| ISHARES BARCLAYS 20+YR TREAS | $10,732 | $10,903 |
| ALL STATE CORP 5.25% SNR | $25,184 | $25,864 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (64 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOW INC | $4,743 | $4,661 |
| RIO TINTO PLC ADR | ||
| HASBRO INC | $6,403 | $7,225 |
| HOME DEPOT INC | ||
| NEWELL RUBBERMAID INC COM | ||
| OMNICOM GROUP INC | ||
| RESTURANT BRANDS INTERNATIONAL | ||
| CVS CORP | ||
| COCA COLA COMPANY | ||
| PHILIP MORRIS | ||
| CHEVRONTEXACO CORP COM | $9,061 | $8,433 |
| EXXON MOBIL CORP COM | $12,294 | $13,327 |
| TOTAL ADR | ||
| JP MORGAN CHASE & CO | $4,885 | $10,566 |
| METLIFE INC | $6,404 | $9,375 |
| PRUDENTIAL FINANCIAL INC | ||
| JOHNSON AND JOHNSON | $9,506 | $10,283 |
| MERCK & CO INC NEW | $4,141 | $6,278 |
| PFIZER INC | ||
| EMERSON ELECTRIC COMPANY | ||
| LOCKHEED MARTIN CORP | ||
| EATON CORP PLC | $2,226 | $7,059 |
| INVESCO STEELPATH MLP SELECT 4 | $20,371 | $28,308 |
| COHEN AND STEERS GLOBAL REALTY | ||
| VANGUARD REAL ESTATE ETF | ||
| BANK OF AMERICA CORPORATION PR | $6,554 | $5,995 |
| METLIFE INC PREFERRED SECURITY | $3,756 | $3,257 |
| PUBLIC STORAGE PREFERRED | $6,453 | $5,405 |
| SCE TRUST II PREFERRED STOCK | $5,203 | $4,511 |
| US BANCORP DEL DEPOSITARY SHAR | ||
| WELLS FARGO & CO DEP PFD | $7,674 | $6,204 |
| APPLE COMPUTER INC | ||
| BROADCOM CORP | $3,359 | $13,026 |
| INTERNATIONAL BUSINESS MACHINE | $5,641 | $9,298 |
| MICROSOFT CORPORATION | ||
| TEXAS INSTRUMENTS INC | ||
| ACCENTURE PLC | ||
| SEAGATE TECHNOLOGY | $4,069 | $5,674 |
| AT&T INC | $10,478 | $9,572 |
| VERIZON COMMUNICATIONS | $8,831 | $8,272 |
| DUKE ENERGY CORPORATION | ||
| SOUTHERN COMPANY | $7,207 | $9,504 |
| US BANCORP DEL COM NEW | ||
| ADR BHP BILLITON LTD | ||
| BEST BUY INC | $8,221 | $11,747 |
| UNILEVER PLC ADR | $6,193 | $8,552 |
| V F CORP COM | ||
| ABBVIE INC | $7,500 | $10,404 |
| JP MORGAN EQUITY PREMIUM INCOM | $25,195 | $26,372 |
| AT&T INC DEPOSITARY SHARES, EA | $10,154 | $10,697 |
| THE CHARLES SCHWAB CORPORATION | ||
| INTEL CORPORATION | ||
| RESTURANT BRANDS INTERNATIONAL | $6,818 | $7,990 |
| CLOROX COMPANY | $6,932 | $7,282 |
| KENVUE INC | $5,226 | $5,092 |
| FIFTH THIRD BANCORP | $5,852 | $9,947 |
| UNION PAC CORP | $3,311 | $4,097 |
| WATSCO INC | $3,950 | $6,180 |
| CMS ENERGY CORP COM | ||
| PROCTER & GAMBLE CO | $4,194 | $4,289 |
| 3M CO | $4,182 | $6,869 |
| UNITED PARCEL SERVICE | $2,162 | $2,057 |
| CISCO SYSTEM | $8,692 | $8,693 |
| HEWLETT PACKARD ENTERPRISE | $8,682 | $9,549 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CORP ACTION BASIS ADJUST | Desc |
| Amt | $1,330 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMNT MNGMNT FEES (NON-DED | Desc |
| Revenue And Expenses Per Books | $1,069 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,069 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ROUNDING | $0 |
| WASH SALE ADJUSTMENT | $245 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $123 | $123 | $0 |
| FEDERAL TAX PAYMENT - PRIOR YE | $209 | $0 | $0 |