MARY T AND JAMES J HILL LIBRARY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MARY T AND JAMES J HILL LIBRARY FOUNDATION (EIN 41-0693988)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-18
- IRS object ID
- 202312619349100806
- Schema version
- 2022v5.0
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-18T12:06:20-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 416192096 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOYUM & BARENSCHEER PLLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3050 METRO DR STE 200 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554251547 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693988 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARY T AND JAMES J HILL LIBRARY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARY | BusinessNameControlTxt |
| Phone | 6519557372 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 855 VILLAGE CENTER DRIVE 329 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55127 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICK MORAN | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 6519557372 | PhoneNum |
| Signature | 2023-09-13 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PATRICK | PersonFirstNm |
| Person Last | MORAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNA LOVEGREN | PreparerPersonNm |
| PTIN | P00643123 | PTIN |
| Phone | 9528544244 | PhoneNum |
| Preparation | 2023-09-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return Former Pub Chrty | Yes (X) | InitialReturnFormerPubChrtyInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,070,405 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $639 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $639 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $301,565 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $301,565 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$821,303 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,656,049 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $406,257 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $297,817 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$112,842 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $600,021 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $48,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $12,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $8,000 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,609 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $805 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $804 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,642 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $14,321 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $14,321 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $63,113 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $63,113 | OtherProfFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $43,792 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,915 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,663 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $197,156 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $135,154 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $43,788 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $617,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $617,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $814,156 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $135,154 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $660,788 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$926,998 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $464,867 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $99,428 | CashBOYAmt |
| Cash EOY | $164,131 | CashEOYAmt |
| Cash EOYFMV | $164,131 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $1,390,279 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,390,279 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $4,397 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $4,486 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $4,486 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $17,567,158 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,079,162 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,079,162 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,187,090 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,693,673 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,693,673 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $738,674 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $738,674 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $19,858,073 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,070,405 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,070,405 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $50,000 | AccountsPayableEOYAmt |
| Total Liabilities EOY | $50,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $19,218,345 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $14,380,677 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $639,728 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $639,728 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,858,073 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,020,405 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,858,073 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,070,405 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,858,073 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$926,998 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,931,075 | SubtotalAmt |
| Other Decreases | $3,910,670 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,020,405 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| RALLY VENTURES FUND I L.P LT | P | 2020-01-01 | 2022-12-31 | $24,678 | $24,678 | $24,678 | |
| BANK OF AMERICA | P | 2020-01-01 | 2022-12-31 | $9,630,823 | -$846,529 | -$846,529 | $10,477,352 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$821,851 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,462 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,462 | SubtotalAmt |
| Tax Based On Investment Income | $6,462 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $2,316 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,316 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $298 | EsPenaltyAmt |
| Tax Due | $4,444 | TaxDueAmt |
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 | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.JJHILL.ORG | WebsiteAddressTxt |
| Individual With Books | PATRICK MORAN | IndividualWithBooksNm |
| Phone | 6519557372 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 855 VILLAGE CENTER DRIVE 239 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55127 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| PATRICK MORAN | ||||||||
| 855 VILLAGE CENTER DRIVE 239 | ST PAUL | MN | 55127 | BOARD CHAIR | 000.00 | $0 | $0 | $0 |
| TAMARA PRATO | ||||||||
| 855 VILLAGE CENTER DRIVE 239 | ST PAUL | MN | 55127 | ACTING EXEC | 000.00 | $48,000 | $0 | $0 |
| BARRY GISSER | ||||||||
| 855 VILLAGE CENTER DRIVE 239 | ST PAUL | MN | 55127 | VICE CHAIR/T | 000.00 | $0 | $0 | $0 |
| SYLVIA STROBEL | ||||||||
| 855 VILLAGE CENTER DRIVE 239 | ST PAUL | MN | 55127 | SECRETARY | 000.00 | $0 | $0 | $0 |
| ELIZABETH LILLY | ||||||||
| 855 VILLAGE CENTER DRIVE 239 | ST PAUL | MN | 55127 | MEMBER | 000.00 | $0 | $0 | $0 |
| KIM EGAN | ||||||||
| 855 VILLAGE CENTER DRIVE 239 | ST PAUL | MN | 55127 | MEMBER | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 830269 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75283 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESMENT FEES | ServiceTypeTxt |
| Compensation | $54,100 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,628,600 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $76,442 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,705,042 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $16,705,042 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $250,576 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,454,466 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $822,723 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $822,723 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,462 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,462 | TotalTaxAmt |
| Distributable Before Adj | $816,261 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $816,261 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $816,261 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $660,788 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $660,788 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $816,261 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $660,788 | QualifyingDistributionsAmt |
| Applied To Current Year | $660,788 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $155,473 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| LUNAR ACCELERATOR PROGRAM | ||||||
| 370 WABASHA ST N | ST PAUL | MN | 55102 | 170(B)(1)(A) | GENERAL SUPPORT | $200,000 |
| IMPACT HUB MINNESOTA | ||||||
| 825 WASHINGTON AVE SE | MINNEAPOLIS | MN | 55414 | 501C3 | GENERAL SUPPORT | $150,000 |
| ST CATHERINE UNIVERSITY | ||||||
| 2004 RANDOLPH AVE | ST PAUL | MN | 55105 | 501C3 | SCHOLARSHIPS | $117,000 |
| FRIENDS OF ST PAUL COLLEGE FDN | ||||||
| 235 MARSHALL AVE | ST PAUL | MN | 55102 | 170(B)(1)(A) | PERMANENT SCHOLARSHIPS | $100,000 |
| MARKET ENTRY FUND | ||||||
| 1136 GRAND AVE STE 300 | ST PAUL | MN | 55105 | 170(B)(1)(A) | GENERAL SUPPORT | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $617,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AUCTION | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $108,440 | ExclusionAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $639 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $301,565 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$821,303 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME RALLY VENTURES | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $297,817 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$112,842 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$112,842 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $28,642 | Amt |
| Net Investment Income | $14,321 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,321 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | RALLY VENTURES FUND I L.P ST | AssetDesc |
| Acquired | 2021-01 | AcquiredDt |
| How Acquired | PURCHASE | HowAcquiredTxt |
| Sold | 2022-12 | SoldDt |
| Gross Sales Price | $548 | GrossSalesPriceAmt |
| Total Net | $548 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $2,693,673 | EOYBookValueAmt |
| EOYFMV | $2,693,673 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES | StockNm |
| EOY Book Value | $10,079,162 | EOYBookValueAmt |
| EOYFMV | $10,079,162 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PARTNERSHIP UNITS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $738,674 | BookValueAmt |
| EOYFMV | $738,674 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $1,609 | LegalFeesAmt |
| Net Investment Income | $805 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $804 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $3,910,670 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AUCTION | |||
| RALLY VENTURES K1 DEDUCTIONS | $7,300 | ||
| COST OF GOODS SOLD | $10,435 | ||
| EXPENSES | |||
| COMPUTER & TELEPHONE | $3,057 | $1,528 | $1,529 |
| POSTAGE AND SHIPPING | $253 | $253 | |
| INSURANCE | $22,268 | $11,134 | $11,134 |
| OTHER EXPENSES | $479 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| AUCTION | $108,440 | |
| OTHER INCOME RALLY VENTURES F | $297,817 | $297,817 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $63,113 | Amt |
| Net Investment Income | $63,113 | NetInvestmentIncomeAmt |