HOMER I & PERSEPHONE B WATTS MEMORIAL TR: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- HOMER I & PERSEPHONE B WATTS MEMORIAL TR (EIN 93-6082689)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2022-10-27
- IRS object ID
- 202233009349100328
- Schema version
- 2021v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-27T14:00:38-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 GRANT STREET 45TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 936082689 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMER IP B WATTS MEMORIAL TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WATT | BusinessNameControlTxt |
| Phone | 5034643580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK N A BY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 5034643580 | PhoneNum |
| Signature | 2022-10-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALLISON J VALENTY | PreparerPersonNm |
| PTIN | P00963824 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2022-10-19 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $654,204 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $16,317 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,203 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $48,589 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $183,920 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $48,589 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $7 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $7 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $64,913 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $64,799 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $12,683 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,415 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,268 | 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 Rev And Expnss | $6,526 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,526 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $183 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $150 | 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 | $114 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $114 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $21,006 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $11,565 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,408 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $29,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $29,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $50,306 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $11,565 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $38,708 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,607 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $53,234 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $13,157 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,237 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,237 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $334,368 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $158,986 | CorporateBondsBOYAmt |
| Other Investments BOY | $97,604 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $609,454 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $644,967 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $604,115 | TotalAssetsBOYAmt |
| Total Assets EOY | $618,691 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $654,204 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $604,115 | CapitalStockBOYAmt |
| Capital Stock EOY | $618,691 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $604,115 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $618,691 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $604,115 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $618,691 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $604,115 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,607 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2 | OtherIncreasesAmt |
| Subtotal | $618,724 | SubtotalAmt |
| Other Decreases | $33 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $618,691 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 39.761 VANGUARD EQUITY INCOME ADM | 2019-08-14 | 2021-09-02 | $3,750 | $2,874 | $876 | $876 | |
| 13.519 VANGUARD 500 IDX ADML | 2019-10-21 | 2021-09-02 | $5,675 | $3,753 | $1,922 | $1,922 | |
| 10.556 VANGUARD 500 IDX ADML | 2020-06-26 | 2021-09-09 | $4,390 | $2,931 | $1,459 | $1,459 | |
| 71.635 VANGUARD EQUITY INCOME ADM | 2019-08-14 | 2021-11-15 | $6,874 | $5,178 | $1,696 | $1,696 | |
| 17.463 VANGUARD 500 IDX ADML | 2020-06-26 | 2021-11-15 | $7,560 | $4,848 | $2,712 | $2,712 | |
| 1291.315 BAIRD AGGREGATE BOND FD INSTL | 2018-07-24 | 2021-12-29 | $14,631 | $13,812 | $819 | $819 | |
| 36.093 HARDING LOEVNER INTERNATIONAL EQUITY | 2018-07-24 | 2021-12-29 | $1,085 | $842 | $243 | $243 | |
| 412. ISHARES CORE U.S. AGGREGATE BOND ETF | 2019-08-14 | 2021-12-29 | $46,947 | $46,777 | $170 | $170 | |
| 101. ISHARES INTERMEDIATE GOVT CRDT ETF | 2020-06-25 | 2021-12-29 | $11,491 | $11,882 | -$391 | -$391 | |
| 76. ISHARES MSCI USA MIN VOL FACTOR ETF | 2020-03-06 | 2021-12-29 | $6,138 | $4,801 | $1,337 | $1,337 | |
| 18. ISHARES CORE MSCI EAFE ETF | 2018-07-24 | 2021-12-29 | $1,346 | $1,165 | $181 | $181 | |
| 685.604 NEUBERGER BERMAN EMERG MKTS EQ INSTL | 2020-03-06 | 2021-12-29 | $15,056 | $13,006 | $2,050 | $2,050 | |
| 276.611 ROWE T PRICE MID CAP GROWTH FD INC | 2012-04-26 | 2021-12-29 | $32,427 | $16,915 | $15,512 | $15,512 | |
| 84.515 T ROWE PRICE SMALL CAP STOCK FD | 2012-04-26 | 2021-12-29 | $5,887 | $3,605 | $2,282 | $2,282 | |
| 33. VANGUARD REIT ETF | 2019-08-14 | 2021-12-29 | $3,767 | $2,942 | $825 | $825 | |
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P | |||||
| CAPITAL GAIN DIVIDENDS | $16,896 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $48,589 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $740 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $740 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $740 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $164 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $164 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $576 | 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 | OR | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5034644908 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | 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 |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3168 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $12,683 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $759,783 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,791 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $771,574 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $771,574 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,574 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $760,000 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $38,000 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $38,000 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $740 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $740 | TotalTaxAmt |
| Distributable Before Adj | $37,260 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $37,260 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $37,260 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $38,708 | 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 | $38,708 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $37,260 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,760 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| 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 | $38,708 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,760 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $34,948 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,312 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| 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) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MR MELVIN SCHMIDTGALL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 533 | AddressLine1Txt |
| City | ATHENA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5415663578 | RecipientPhoneNum |
| Form And Info And Materials | CONTACT ABOVE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | CONTACT ABOVE | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE HOMER I & PERSEPHONE B WATTS FOUNDATION IS A BROAD, CHARITABLE PURPOSE FUND WHICH ALSO PROVIDES SCHOLARSHIP ASSISTANCE TO INDIVIDUALS WHO ARE RESIDENTS OF UMATILLA COUNTY, OREGON. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| EASTERN OREGON UNIVERSITY | ||||||||
| EASTERN OREGON UNIVERSITY | LAGRANDE | OR | 97850 | NONE | I | SCHOLARSHIPS | $6,600 | |
| UNIVERSITY OF OREGON | ||||||||
| 1585 E 13TH AVE | EUGENE | OR | 97403 | NONE | I | SCHOLARSHIPS | $2,200 | FINANCIAL AID OFFICE |
| ALLEGHENY COLLEGE | ||||||||
| 454 NORTH MAIN CAMPUS | ST MEADVILLE | PA | 16335 | NONE | I | SCHOLARSHIP | $2,200 | |
| OREGON STATE UNIVERSITY | ||||||||
| 218 KERR ADMINISTRATION | CORVALLIS | OR | 97331 | NONE | I | SCHOLARSHIPS | $2,200 | |
| MONTANA STATE UNIVERSITY | ||||||||
| PO BOX 174160 | BOZEMAN | MT | 59717 | NONE | I | SCHOLARSHIP | $2,200 | |
| CARRINGTON COLLEGE | ||||||||
| 1122 N LIBERTY ST | BOISE | ID | 83704 | NONE | I | SCHOLARSHIP | $2,200 | |
| OREGON INSTITUTE OF TECHNOLOGY | ||||||||
| 3201 CAMPUS DRIVE | KLAMATH FALLS | OR | 97601 | NONE | I | SCHOLARSHIPS | $1,700 | |
| WESTON-MCEWEN HIGH SCHOOL | ||||||||
| 540 E MAIN ST | ATHENA | OR | 97813 | NONE | GOV | SCHOLARSHIPS | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $29,300 | 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 | 14 | ExclusionCd |
| Exclusion | $16,317 | 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 | $48,589 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $7 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $64,913 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $64,913 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $1,500 | Amt |
| Disbursements Charitable Prps | $1,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm |
|---|
| 87234N765 TCW EMERGING MARKETS |
| 464288612 ISHARES INTERMEDIATE |
| 693390882 P I M C O FOREIGN BO |
| 057071854 BAIRD AGGREGATE BOND |
| 31420B300 FEDERATED HERMES INS |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm |
|---|
| 921921300 VANGUARD EQUITY INCO |
| 779572106 T ROWE PRICE SMALL C |
| 741479109 PRICE T ROWE GROWTH |
| 779556109 ROWE T PRICE MID-CAP |
| 46434G103 ISHARES CORE MSCI EM |
| 46432F842 ISHARES CORE MSCI EA |
| 46429B697 ISHARES MSCI USA MIN |
| 922908710 VANGUARD 500 INDEX A |
| 921910501 VANGUARD INTERNATION |
| 641224415 NEUBERGER BERMAN EME |
| 412295107 HARDING LOEVNER INTE |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 922908553 VANGUARD REAL ESTATE | AT COST | $12,178 | $12,664 |
| 922042676 VANGUARD GLOBAL EX U | AT COST | $8,077 | $6,552 |
| 464287226 ISHARES CORE U.S. AG | |||
| 74440B884 PGIM TOTAL RETURN BO | AT COST | $33,128 | $27,427 |
| 46432F842 ISHARES CORE MSCI EA | AT COST | $20,135 | $18,773 |
| 46429B697 ISHARES MSCI USA MIN | AT COST | $44,383 | $55,536 |
| 091936450 BLACKROCK ADVANTAGE | AT COST | $799 | $608 |
| 31420B300 FEDERATED HERMES INS | AT COST | $23,451 | $20,108 |
| 412295107 HARDING LOEVNER INTE | AT COST | $18,397 | $18,188 |
| 921921300 VANGUARD EQUITY INCO | AT COST | $51,964 | $73,306 |
| 741479109 PRICE T ROWE GROWTH | AT COST | $36,685 | $49,870 |
| 464288646 ISHARES TRUST ISHARE | AT COST | $31,918 | $29,926 |
| 46429B655 ISHARES FLOATING RAT | AT COST | $39,977 | $39,337 |
| 693390882 P I M C O FOREIGN BO | AT COST | $16,009 | $14,467 |
| 316146265 FIDELITY MID CAP IND | AT COST | $31,951 | $24,852 |
| 921910501 VANGUARD INTERNATION | AT COST | $17,851 | $16,418 |
| 87234N765 TCW EMERGING MARKETS | AT COST | $18,127 | $12,650 |
| 464288612 ISHARES INTERMEDIATE | AT COST | $54,143 | $51,720 |
| CASH CASH | AT COST | $337 | $337 |
| 46434G103 ISHARES CORE MSCI EM | AT COST | $25,796 | $26,247 |
| 779572106 T ROWE PRICE SMALL C | AT COST | $15,746 | $23,329 |
| 057071854 BAIRD AGGREGATE BOND | AT COST | $29,593 | $28,105 |
| 06828M876 BARON EMERGING MARKE | AT COST | $15,976 | $12,482 |
| 922908710 VANGUARD 500 INDEX A | AT COST | $62,833 | $82,065 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES - PRINCIPAL (ALLOCA | CategoryTxt |
| Legal Fees | $6,526 | LegalFeesAmt |
| Disbursements Charitable Prps | $6,526 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROC ADJ OF CY SALES | Desc |
| Amt | $33 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OTHER MISC EXPENSES | $34 | $0 | $34 |
| STATE FILING FEE/TAX | $80 | $0 | $80 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $7 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $7 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $99 | $99 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $33 | $0 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $51 | $51 | $0 |