ORVILLE D & RUTH A MERILLAT FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ORVILLE D & RUTH A MERILLAT FOUNDATION (EIN 38-2476813)
- Tax period
- 2021-03-01 to 2022-02-28
- Filed
- 2023-02-20
- IRS object ID
- 202320519349100112
- Schema version
- 2021v4.2
- 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
- Accounting Fees Schedule
- Distribution From Corpus Election
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-20T11:49:20-06:00 | ReturnTs |
| Tax Period End | 2022-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383635706 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REHMANN ROBSON LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 BRIARWOOD CIRCLE STE 300 | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382476813 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORVILLE D & RUTH A MERILLAT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ORVI | BusinessNameControlTxt |
| Phone | 7347612005 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 BRIARWOOD CIR STE 300 | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE E BOREL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7347612005 | PhoneNum |
| Signature | 2023-02-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GEORGE | PersonFirstNm |
| Person Last | BOREL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOUGLAS A KELLY CPA | PreparerPersonNm |
| PTIN | P00091369 | PTIN |
| Phone | 7347612005 | PhoneNum |
| Preparation | 2023-02-18 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $59,399,500 | 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 | $9,247,411 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,089,308 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,086,732 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,610,161 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,501,254 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,610,161 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $18,546 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $18,546 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $12,965,432 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,715,445 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $19,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,780 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,820 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $219,017 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $219,017 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $106,128 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $56,128 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $73,225 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $72,380 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $417,970 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $358,305 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,820 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,575,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,575,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,992,970 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $358,305 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,583,820 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,972,462 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,357,140 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $13,437,360 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,942,820 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,942,820 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $50 | AcctRcvblAmt |
| Acct Rcvbl BOY | $569,197 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $50 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $50 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $183,814 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $210,648 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $206,719 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $18,365,752 | CorporateStockBOYAmt |
| Corporate Stock EOY | $41,147,419 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $43,803,853 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $168,990 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $164,233 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $157,596 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $12,825,727 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,855,911 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,288,462 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $45,550,840 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,321,081 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $59,399,500 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $45,550,840 | RetainedEarningBOYAmt |
| Retained Earning EOY | $55,321,081 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,550,840 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,321,081 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,550,840 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $55,321,081 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,550,840 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,972,462 | ExcessRevenueOverExpensesAmt |
| Other Increases | $42,546 | OtherIncreasesAmt |
| Subtotal | $55,565,848 | SubtotalAmt |
| Other Decreases | $244,767 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,321,081 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES N00 | $99,257 | $98,257 | $1,000 | $1,000 | |
| PUBLICLY TRADED SECURITIES M77 | $1,964,085 | $1,761,342 | $202,743 | $202,743 | |
| PUBLICLY TRADED SECURITIES D83 | $9,744,165 | $8,459,947 | $1,284,218 | $1,284,218 | |
| PUBLICLY TRADED SECURITIES N08 | $851,432 | $778,107 | $73,325 | $73,325 | |
| PUBLICLY TRADED SECURITIES 84021 | $3,673,189 | $3,472,961 | $200,228 | $200,228 | |
| CASH IN LIEU | $439 | $399 | $40 | $40 | |
| 320.0801 SHS OF SCP OFFSHORE FUND | $357,147 | $320,080 | $37,067 | $37,067 | P |
| SCP ENDOWMENT FUND - K1 | $183,744 | $183,744 | $183,744 | P | |
| SCP ENDOWMENT FUND - K1 UBIT | $4,544 | $4,544 | $4,544 | P | |
| CAPITAL GAINS DIVIDENDS | $623,252 | $623,252 | $623,252 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,610,161 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $46,664 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $46,664 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $46,664 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $62,565 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $82,565 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $35,901 | OverpaymentAmt |
| Applied To ES Tax | $35,901 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | GEORGE E BOREL | IndividualWithBooksNm |
| Phone | 7347612005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 BRIARWOOD CIR STE 300 | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| RICHARD D MERILLAT | ||||||||
| 555 BRIARWOOD CIR STE 300 | ANN ARBOR | MI | 48108 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| TRICIA LM MCGUIRE | ||||||||
| 555 BRIARWOOD CIR STE 300 | ANN ARBOR | MI | 48108 | VICE-PRESIDENT | 0.50 | $0 | $0 | $0 |
| GEORGE E BOREL | ||||||||
| 555 BRIARWOOD CIR STE 300 | ANN ARBOR | MI | 48108 | TREASURER, SECRETARY | 0.50 | $0 | $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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| US TRUSTMERRILL LYNCH | |||||
| 8890 LYRA DR 5TH FLOOR | COLUMBUS | OH | 43240 | INVESTMENT MANAGEMENT | $154,493 |
| PARAMETRIC | |||||
| 8890 LYRA DR 5TH FLOOR | COLUMBUS | OH | 43240 | INVESTMENT MANAGEMENT | $64,524 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $57,232,529 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,576,856 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $61,809,385 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $61,809,385 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $927,141 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $60,882,244 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,044,112 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,044,112 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $46,664 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $2,838 | IncomeTaxAmt |
| Total Tax | $49,502 | TotalTaxAmt |
| Distributable Before Adj | $2,994,610 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,994,610 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,994,610 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,583,820 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,583,820 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,994,610 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $338,642 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $428,258 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $821,564 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,588,464 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,583,820 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,583,820 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $410,790 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $410,790 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,177,674 | 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 | $1,177,674 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $356,110 | ExcessFromYear3Amt |
| Excess From Year2 | $821,564 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ADRIAN COLLEGE | ||||||
| 110 S MADISON ST | ADRIAN | MI | 49221 | 501(C)(3) | OPERATIONS SUPPORT | $30,000 |
| FOCUS ON THE FAMILY | ||||||
| 8605 EXPLORER DR | COLORADO SPRINGS | CO | 80920 | 501(C)(3) | OPERATIONS SUPPORT | $30,000 |
| HUNTINGTON UNIVERSITY | ||||||
| 2303 COLLEGE AVENUE | HUNTINGTON | IN | 46750 | 501(C)(3) | OPERATIONS SUPPORT | $200,000 |
| LENAWEE CHRISTIAN MINISTRIES | ||||||
| 1800 W US HIGHWAY 223 | ADRIAN | MI | 49221 | 501(C)(3) | OPERATIONS SUPPORT | $2,315,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,575,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,089,308 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $9,972 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,574 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $4,544 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,605,617 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $14,516 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,703,505 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,718,021 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
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 | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ESTATE OF RUTH A MERILLAT | |||||||
| 1 | 2600 GORDON DR | NAPLES | FL | 34102 | $8,395,895 | Yes (X) | Yes (X) |
| ORVILLE MERILLAT FAMILY TRUST | |||||||
| 2 | 2600 GORDON DR | NAPLES | FL | 34102 | $851,516 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (18 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 734 SHS HUNTINGTON BANCSHS INC MD | $12,008 | 2021-04-14 |
| 1 | 4236 SHS KEYCORP NEW | $88,109 | 2021-04-14 |
| 2 | 129 SHS ISHARES RUSSEL 1000 | $32,941 | 2021-05-24 |
| 2 | 174 SHS ISHARES IBOXX $ | $22,895 | 2021-05-24 |
| 2 | 557 SHS ISHARES SELECT | $67,765 | 2021-05-24 |
| 2 | 643 SHS ISHARES EDGE MSCI | $48,955 | 2021-05-24 |
| 2 | 586 SHS ISHARS EDGE MSCI | $42,608 | 2021-05-24 |
| 2 | 112 SHS ISHARES RS 2000 VALUE | $18,417 | 2021-05-24 |
| 2 | 1029 SHS ISHARES INC CORE MSCI | $66,926 | 2021-05-24 |
| 2 | 1240 SHS ISHARES TR CORE MSCI EAF | $94,835 | 2021-05-24 |
| 2 | 1057 SHS BLACKROCK ADVANTAGE LRG | $36,974 | 2021-05-24 |
| 2 | 10662.598 SHS BLACKROCK LARGE CP FOCUS | $81,249 | 2021-05-24 |
| 2 | 1840 SHS BLACKROCK GLOBAL | $26,441 | 2021-05-24 |
| 2 | 2475 SHS BLACKROCK CAPTIAL | $106,945 | 2021-05-24 |
| 2 | 1143 SHS BLACKROCK MID CAP | $28,221 | 2021-05-24 |
| 2 | 1190 SHS BALCKROCK ADVANTAGE | $29,762 | 2021-05-24 |
| 2 | 1014 SHS BALCKROCK HI YLD BD | $7,929 | 2021-05-24 |
| 2 | 4893.455 SHS BLACKROCK EQTY DIVIDEND | $117,785 | 2021-05-24 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $19,600 | Amt |
| Net Investment Income | $10,780 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,820 | DisbursementsCharitablePrpsAmt |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SECTION 4942(H)(2) AND REG. SECTION 53.4942(A)-3(D)(2), THE ORVILLE D. & RUTH A. MERILLAT FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM CORPUS.___________________________JOHN THURMAN, TREASURER | ElectionDesc |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | REASONABLE CAUSE EXPLANATION | IdentifierTxt |
| Form And Line Reference | FORM 990PF | FormAndLineReferenceDesc |
| Medium Explanation | THE FORM 990PF IS BEING FILED ELECTRONICALLY AFTER THE EXTENDED DUE DATE OF JANUARY 17, 2023 BECAUSE THE ORIGINALLY FILED PAPER FORM 990PF WAS RETURNED WITH A LETTER 2697C (REF 0422697269) STATING THAT FORM 990-PF WAS NOT ABLE TO BE PROCESSED AND IS REQUIRED TO BE FILED ELECTRONICALLY. THE ORIGIANALLY FILED FORM 990PF WAS FILED VIA CERTIFIED MAIL ON JANUARY 10, 2023 BECAUSE ON THAT DAY THE IRS'S E-FILE SYSTEM (MEF) WAS UNAVAILABLE AND WE DID NOT HAVE ANY INDICATION AS TO WHEN IT WOULD BE AVAILABLE OR IF IT WOULD BE AVAILABLE BEFORE THE JANUARY 17, 2023 DEADLINE. THE TAXPAYER USED THE ONLY MEANS AVAILABLE AT THE TIME TO FILE THE FORM 990PF TIMELY FOR THE FISCAL YEAR ENDED FEBRUARY 28, 2022. BASED ON THIS INFORMATION, THE TAXPAYER REQUESTS THE ABATEMENT OF ALL POTENTIAL AND CHARGED PENALTY AND INTEREST ASSOCIATED WITH THIS FILING. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US TRUST N00 - CORP BONDS | $154,153 | $147,882 |
| US TRUST M77 - CORP BONDS | $10,080 | $9,714 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US TRUST M77 - CORP STOCK | $9,875,914 | $11,063,509 |
| US TRUST D83 - MUTUAL FUNDS | $13,062,927 | $11,657,801 |
| US TRUST N08 - CORP STOCK | $8,735,695 | $11,487,069 |
| US TRUST 021 - CORP STOCK | $9,222,883 | $9,345,474 |
| SUSTAINABLE ENERGY TECHNOLOGIES | $250,000 | $250,000 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $210,648 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $206,719 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SCP ENDOWMENT OFFSHORE | FMV | $9,911,633 | $10,990,617 |
| SCP ENDOWMENT LP | FMV | $1,944,278 | $2,297,845 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT FOR CONTRIBUTION OF SECURITIES | Desc |
| Amt | $244,767 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR FEES | $6,708 | $6,708 | $0 |
| SCP ENDOWNMENT - NON DEDUCTIBLE | $845 | $0 | $0 |
| SCP ENDOWMENT - PASSIVE | $7,490 | $7,490 | $0 |
| SCP ENDOWMENT - NON PASSIVE | $58,182 | $58,182 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MISC OTHER INCOME | $246 | $246 | $246 |
| SCP ENDOWMENT - UBIT | $9,972 | $9,972 | $9,972 |
| SCP ENDOWMENT - PASSIVE | $13,321 | $13,321 | $13,321 |
| SCP ENDOWMENT - NON PASSIVE | -$4,993 | -$4,993 | -$4,993 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT FOR WASH SALES | Desc |
| Amt | $42,546 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MGMT FEES - US BANK | $48,460 | $48,460 | $0 |
| INVESTMENT MGMT FEES - MERRIL LYNCH | $106,033 | $106,033 | $0 |
| INVESTMENT MGMT FEES - PARAMETRIC | $64,524 | $64,524 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $56,128 | $56,128 | $0 |
| EXCISE TAXES PAID | $50,000 | $0 | $0 |