ROBERT AND RITA ELMEN FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: ROBERT AND RITA ELMEN FOUNDATION (EIN 20-5767798)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-10-16
IRS object ID: 202312899349100736
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
Schedule B
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Other Assets Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-10-16T11:37:18-07:00	ReturnTs
Tax Period End	2022-12-31	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	2022-01-01	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	2023-05-08	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	THOMAS	PersonFirstNm
Person Last	WHALEN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

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	2023-10-16	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
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

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)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$81,299,081	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	$14,303,228	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$43,678	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$43,678	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$1,775,326	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,775,326	DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm	$6,370	CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$453,579	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$453,579	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$16,575,811	TotalRevAndExpnssAmt
Total Net Invst Incm	$2,278,953	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$48,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$48,000	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$0	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$0	AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$202,190	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$202,190	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$146,057	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$146,057	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss	$0	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$396,247	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$348,247	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$48,000	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,199,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,199,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,595,747	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$348,247	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,247,500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$14,980,064	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,930,706	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$647,192	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$3,130,876	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$3,130,876	SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY	$0	RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
Corporate Stock BOY	$55,451,091	CorporateStockBOYAmt
Corporate Stock EOY	$63,536,197	CorporateStockEOYAmt
Corporate Stock EOYFMV	$64,367,658	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$641,851	CorporateBondsBOYAmt
Corporate Bonds EOY	$641,851	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$898,786	CorporateBondsEOYFMVAmt
Land Bldg Investments EOY	$0	LandBldgInvestmentsEOYAmt
Other Investments EOY	$0	OtherInvestmentsEOYAmt
Land EOY	$0	LandEOYAmt
Other Assets BOY	$8,921,892	OtherAssetsBOYAmt
Other Assets EOY	$13,333,166	OtherAssetsEOYAmt
Other Assets EOYFMV	$12,901,761	OtherAssetsEOYFMVAmt
Total Assets BOY	$65,662,026	TotalAssetsBOYAmt
Total Assets EOY	$80,642,090	TotalAssetsEOYAmt
Total Assets EOYFMV	$81,299,081	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	$65,662,026	RetainedEarningBOYAmt
Retained Earning EOY	$80,642,090	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$65,662,026	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$80,642,090	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$65,662,026	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$80,642,090	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$65,662,026	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$14,980,064	ExcessRevenueOverExpensesAmt
Subtotal	$80,642,090	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$80,642,090	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 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
ALPS ETF TRUST 41,113 SHARES	P	2019-08-14	2022-12-22	$1,495,735	$0	$1,153,014	$342,721	$0	$0	$0	$342,721
PUERTO RICCO COMWLTH HWY	P	2018-07-26	2022-12-06	$215,403	$0	$283,200	-$67,797	$0	$0	$0	-$67,797
VANGUARD FTSE DEV MKTS ETF	P	2019-06-01	2022-11-01	$399,979	$0	$442,363	-$42,384	$0	$0	$0	-$42,384
WASHINGTON MUTUAL INC	P	2012-03-23	2022-02-10	$0	$0	$226,170	-$226,170	$0	$0	$0	-$226,170

Field	Value	IRS element (for citing)
Capital Gain Net Income	$6,370	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$26,837	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$26,837	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$26,837	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$32,800	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$32,800	TotalPaymentsAndCreditsAmt
Original Return Overpayment	-$32,800	OriginalReturnOverpaymentAmt
Overpayment	$5,963	OverpaymentAmt
Applied To ES Tax	$5,963	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	2.00	$12,000	$0	$0
THOMAS J WHALEN
2901 W 11TH	SIOUX FALLS	SD	57104	TREASURER	8.00	$12,000	$0	$0
VANCE GOLDAMMER
2901 W 11TH	SIOUX FALLS	SD	57104	SECRETARY	2.00	$12,000	$0	$0
SARAH KOPP
2901 W 11TH	SIOUX FALLS	SD	57104	VICE PRESIDENT	2.00	$12,000	$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	$202,190	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	$74,963,592	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$74,963,592	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$74,963,592	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,124,454	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$73,839,138	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,691,957	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,691,957	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$26,837	TaxBasedOnInvestmentIncomeAmt
Total Tax	$26,837	TotalTaxAmt
Distributable Before Adj	$3,665,120	DistributableBeforeAdjAmt
Distributable Before Ded	$3,665,120	DistributableBeforeDedAmt
Distributable As Adjusted	$3,665,120	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,247,500	ExpensesAndContributionsAmt
Qualifying Distributions	$1,247,500	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,665,120	DistributableAsAdjustedAmt
Undistributed Income PY	$1,207,516	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	$1,247,500	QualifyingDistributionsAmt
Applied To Year1	$1,207,516	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$39,984	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$3,625,136	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 (32 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)	OPERATING	$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	$50,000
GREAT PLAINS ZOO
805 S KIWANIS	SIOUX FALLS	SD	57104	501(c)3	BIG CATS EXHIBIT	$10,000
BRAIN & BEHAVIOR RESERACH COUNCIL
90 PARK AVE 16TH FLOOR	NEW YORK	NY	100161301	501(c3	RESERACH	$100,000
ST FRANCIS HOUSE
1301 E AUSTIN ST	SIOUX FALLS	SD	57103	501(c)3	OPERATING	$20,000
AUGUSTANA UNINVESITY
2201 S SUMMIT	SIOUX FALLS	SD	57197	EDUCATIONAL501(3)C	OPERATING	$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	$25,000
FACE IT TOGETHER
636 S BROADWAY	DENVER	CO	80209	501(c)3	OPERATING	$10,000
FAMILY SERVICE INC
2210 W BROWN PLACE	SIOUX FALLS	SD	57105	501(c)3	OPERATING	$25,000
SD PARKS AND WILDLIFE FDN
523 CAPITOL AVE	PIERRE	SD	57501	501(c)3	PALISADES STATEPARKCAPITAL CAMP.	$25,000
EMILYS HOPE
6225 S MINNESOTA AVE	SIOUX FALLS	SD	57108	501(c)3	OPERATING	$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	OPERATINE	$25,000
SANSUM DIABETES RESERACH
2219 BATH ST	SANTA BARBARA	CA	93105	501(c)3	RESERACH	$100,000
TALL GRASS
27048 TALLGRASS AVE	SIOUX FALLS	SD	57108	501(c)3	OPERATING	$10,000
FEEDING SOUTH DAKOTA
1401 N WESTPORT	SIOUX FALLS	SD	57107	501(C)3	OPERATING	$40,000
BISHOP DUDLEY HOUSE
101 N INDIANA	SIOUX FALLS	SD	57103	501(c)3	COVID RELIEF	$20,000
TEACH FOR AMERICA
132 MAIN ST	MISSION	SD	57555	501(c)3	OPERATIONS	$50,000
ST VINCENT de PAUL (DIAPER MINISTRY
431 N CLIFF AVE	SIOUX FALLS	SD	57103	501(c)3	DIAPERS	$10,000
CHILDREN INN
409 N WESTERN AVE	SIOUX FALLS	SD	57104	501(c)3	OPERATIONS	$30,000
MULTI CULTURE CENTER
515 N MAIN	SIOUX FALLS	SD	57104	501(c)3	OPERATIONS	$50,000
AVERA FOUNDATION
PO BOX 5045	SIOUX FALLS	SD	571175045	501(c)3	BUILDING FUND	$100,000
BATTLESHIP SD MEMORIAL
2705 W12TH	SIOUX FALLS	SD	57104	501(c)	OPERATING	$5,000
CENTER FOR WESTERN STUDIES
2201 S SUMMIT AVE	SIOUX FALLS	SD	57197	501(c)3	OPERATING	$10,000
APRO CHAIRTABLE FOUNDATION
PO BOX 4189	CEDAR PARK	TX	78630	501(3)	OPERATING	$3,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,199,500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$43,678	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,775,326	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$6,370	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
CAPITAL GAIN DIST	18	$444,801
SEC 199A DIVIDEND	14	$8,778

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$2,278,953	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$2,278,953	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	SIOUX FALLS	SD	57104	$10,846,914	Yes (X)
RITA ELMEN ESTATE
2	2901 W 11TH	SIOUX FALLS	SD	57104	$3,456,314		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (7 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	VANGUARD FTSE DEV MKT ETF 35,441 SHARES	$3,638,019	2022-08-18
1	VANGUARD FTSE CEVELOPED MKTS ETF 39,868	$1,709,939	2022-08-18
1	WARNER BROS DISCOVERY INC 8,442 SHARES	$112,701	2022-08-18
1	AT&T INC 34,900 SHARES	$643,556	2023-08-18
1	VANGUARD INTER TERM TREAS ETF 2,215 SHARES	$135,857	2022-08-18
1	VANGUSRD INT-TERM CORP ETF 10,077 SHARES	$825,659	2022-08-18
1	DIMENSIONAL FUND ADVISORS INTL SM CO INST 210,065.785 SHARES	$3,781,184	2022-08-18

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
NORTHERN PAC RY CO GEN LIEN 3%	$358,651	$686,384
PUERTO RICO COMWLTH GO CLAW	$166,125	$125,589
PUERTO RICCOCOMMONEEALTH HWYS	$56,692	$41,626
PUERTO RICCOCOMMONWEALTH HWYS	$23,688	$17,435
PUERTO RICCOCOMMONWEALTH HWYS	$36,695	$27,752

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
isISHARES MSCI EMERGING MARKET ETF	$1,399,895	$1,572,576
ISHARES CORE S&P 500 ETF	$1,728,692	$3,214,301
ISHARES CORE US AGGREGATE BOND	$4,188,182	$3,930,617
ISHARES MSCI EAFE SMALL-CAP	$535,081	$611,961
ISHARES 3-7 YR TREASURY BOND ETF	$211,133	$197,381
ISHARES MICRO CAP ETF	$137,712	$148,051
ISHARES CORE MSCI EAFE ETF	$1,521,389	$1,740,714
SCHWAB STRATEGIC TR US LRG CAP ETF	$2,937,164	$2,374,980
SCHWAB STRATEGIC TR	$9,169,259	$7,765,831
SCHWAB STRATEGIC TR US REIT ETF	$3,068,718	$2,361,212
EWX	$44,246	$36,852
SPDR SERIES TR PORTFOLIO SHORT ETF	$1,049,507	$1,046,956
SPDR SERIES TR PORTFOLIO S&P 400 MID CAP	$343,154	$2,911,165
VANGUARD TOTAL BOND MARKET INDEX FUND ETF	$2,550,010	$2,329,843
VANGUARD FTSE DEVLOPED MARKET ETF	$1,603,357	$1,568,965
VAVGUARD FTSE EMR MKT ETF	$8,866,160	$7,015,893
VANGUARD INTER TERM TREAS	$325,811	$313,628
VANGUARD INTERMEDIATE TERM CORP BD	$1,593,153	$1,488,192
VANGUARD REIT EFT INDEX	$1,972,228	$1,925,826
VANGUARD CRSP US MID CAP INDEX	$822,896	$1,559,554
VV	$140,192	$112,185
WISDOMTREE EMERGING MARKETS SMALLCAP DIV FUND	$3,239,840	$2,741,061
BERSHIRE HATHAWAY INC	$247,288	$670,313
CANADIAN PACIFIC RAILWAY	$6,001,199	$6,112,651
PROCTOR & GAMBLE	$2,162,921	$2,253,091
MR COOPER	$0	$40
T	$643,556	$642,509
WBD	$112,701	$80,030
WASTE MANAGEMENT	$1,625,550	$1,568,800
POET	$5,295,203	$6,072,480

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (6 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DFA US MICRO CAP FD	$2,104,253	$2,208,393	$2,108,440
DFA ONE TEAR FIXED INCOME INST	$3,846	$3,887	$3,816
DEMSX EMERGING MARKETS SMALL CAP	$885,047	$925,520	$934,866
DFA INTERNATIONAL SMALL COMPANY	$322,299	$4,221,317	$4,089,196
DFA US SMALL CAP VALUE PORT	$5,591,057	$5,958,659	$5,751,900
PIMCO FUNDS SENIOR FLOATING	$15,390	$15,390	$13,543

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
CAPIAL GAIN DIST	$444,801	$444,801
SECTION 199A DIVIDENDS	$8,778	$8,778

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	CREATIVE PLANNING INC INVESTMENT	CategoryTxt
Amt	$202,190	Amt
Net Investment Income	$202,190	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXCISE TAXES	$54,729	$54,729
FOREIGN TAXES	$91,328	$91,328