GEORGE W MERGENS FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: GEORGE W MERGENS FOUNDATION (EIN 03-0345055)
Tax period: 2019-09-01 to 2020-08-31
Filed: 2021-01-05
IRS object ID: 202100089349100705
Schema version: 2019v5.1
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
Schedule B
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Land Etc Schedule2
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-01-05T06:06:23-08:00	ReturnTs
Tax Period End	2020-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Tapia & Huckabay PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 38	AddressLine1Txt
City	Vergennes	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05491	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	030345055	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	George W Mergens Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GEOR	BusinessNameControlTxt
Phone	8028934854	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 633	AddressLine1Txt
City	Milton	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05468	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Paul G Mergens	PersonNm
Person Title	President	PersonTitleTxt
Phone	8028934854	PhoneNum
Signature	2020-12-29	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	William S Huckabay CPA	PreparerPersonNm
PTIN	P00154308	PTIN
Phone	8028707086	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	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	$21,598,010	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	$40,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$14,567	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$14,567	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$407,547	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$407,547	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$93,410	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$9,795,955	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$0	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$368,704	TotalRevAndExpnssAmt
Total Net Invst Incm	$422,114	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$375,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$116,379	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$258,621	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$0	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$0	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$46,571	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$15,071	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$31,500	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$0	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$2,175	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$1,088	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,087	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$39,462	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$39,462	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$33,688	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$8,254	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$18,313	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$1,556	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$483	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$26,585	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$8,251	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$18,334	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$2,896	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$1,014	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$1,882	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	-$58,519	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	-$17,529	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	-$41,039	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$469,414	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$172,473	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$288,698	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$713,338	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$713,338	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,182,752	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$172,473	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,002,036	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$814,048	ExcessRevenueOverExpensesAmt
Net Investment Income	$249,641	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$44,009	CashBOYAmt
Cash EOY	$87,598	CashEOYAmt
Cash EOYFMV	$87,598	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$231,382	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$456,106	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$456,106	SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY	$0	RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
US Government Obligations BOY	$687,501	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$0	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$0	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$12,369,341	CorporateStockBOYAmt
Corporate Stock EOY	$12,742,477	CorporateStockEOYAmt
Corporate Stock EOYFMV	$16,448,159	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$5,340,686	CorporateBondsBOYAmt
Corporate Bonds EOY	$4,574,246	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$4,604,931	CorporateBondsEOYFMVAmt
Land Bldg Investments EOY	$0	LandBldgInvestmentsEOYAmt
Other Investments EOY	$0	OtherInvestmentsEOYAmt
Land Bldg Equip Cost Or Other Bss	$11,198	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,982	LandBldgEquipAccumDeprecAmt
Land BOY	$2,772	LandBOYAmt
Land EOY	$1,216	LandEOYAmt
Land EOYFMV	$1,216	LandEOYFMVAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$0	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$18,675,691	TotalAssetsBOYAmt
Total Assets EOY	$17,861,643	TotalAssetsEOYAmt
Total Assets EOYFMV	$21,598,010	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$0	AccountsPayableBOYAmt
Accounts Payable EOY	$0	AccountsPayableEOYAmt
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 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	$18,675,691	RetainedEarningBOYAmt
Retained Earning EOY	$17,861,643	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$18,675,691	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$17,861,643	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$18,675,691	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$17,861,643	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$18,675,691	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$814,048	ExcessRevenueOverExpensesAmt
Subtotal	$17,861,643	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$17,861,643	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	Publicly Traded Securities	PropertyDesc
Gross Sales Price	$9,795,955	GrossSalesPriceAmt
Depreciation	$0	DepreciationAmt
Cost Or Other Basis	$9,889,365	CostOrOtherBasisAmt
Gain Or Loss	-$93,410	GainOrLossAmt
FMV As Of123169	$0	FMVAsOf123169Amt
Adjusted Basis As Of123169	$0	AdjustedBasisAsOf123169Amt
Excess FMV Over Adjusted Bss	$0	ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses	-$93,410	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$93,410	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$922,665	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$19,648,485	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.046959	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,449,301	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$21,103,524	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.068676	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$766,767	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$20,365,236	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.037651	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$704,757	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$17,132,306	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.041136	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$423,180	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$9,667,029	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.043776	DistributionYr5Rt
Total Distribution	0.238198	TotalDistributionRt
Average Distribution	0.047640	AverageDistributionRt
Net Vl Noncharitable Assets	$19,675,980	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$937,364	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$2,496	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$939,860	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,002,036	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$2,496	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$2,496	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$2,496	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$6,400	EstimatedPlusOvpmtIncmTxAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$6,400	TotalPaymentsAndCreditsAmt
Original Return Overpayment	-$6,400	OriginalReturnOverpaymentAmt
Overpayment	$3,904	OverpaymentAmt
Applied To ES Tax	$3,904	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
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
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	VT	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	N/A	WebsiteAddressTxt
Individual With Books	Paul G Mergens	IndividualWithBooksNm
Phone	8028626770	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 633	AddressLine1Txt
City	Milton	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05468	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
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 (5 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
Paul G Mergens
PO Box 633	Milton	VT	05468	President & Treasurer	40.00	$150,000	$23,480	$0
Mary E Mergens-Loughran
PO Box 633	Milton	VT	05468	Vice-President	5.00	$0	$0	$0
Lenora A Mergens
PO Box 633	Milton	VT	05468	Secretary	5.00	$0	$0	$0
William H Wiltshire
PO Box 633	Milton	VT	05468	V-P; Director of Operations	32.00	$150,000	$16,321	$0
Rachel Mergens
PO Box 633	Milton	VT	05468	V-P; Director of Finance	30.00	$75,000	$6,770	$0

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

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$19,269,665	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$705,949	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$19,975,614	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$19,975,614	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$299,634	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$19,675,980	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$983,799	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$983,799	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,496	TaxBasedOnInvestmentIncomeAmt
Income Tax	$0	IncomeTaxAmt
Total Tax	$2,496	TotalTaxAmt
Distributable Before Adj	$981,303	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$981,303	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$981,303	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,002,036	ExpensesAndContributionsAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$1,002,036	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$2,496	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$999,540	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$981,303	DistributableAsAdjustedAmt
Undistributed Income PY	$35,097	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	$1,002,036	QualifyingDistributionsAmt
Applied To Year1	$35,097	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$966,939	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	$14,364	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	Paul G Mergens	ContributingManagerNm
Contributing Manager	Mary Mergens-Loughran	ContributingManagerNm
Shareholder Manager	None	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	Paul G Mergens	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 633	AddressLine1Txt
City	Milton	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05468	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8028626770	RecipientPhoneNum
Form And Info And Materials	Any form of application is acceptable. Include organizational information and intended charitable use of funds.	FormAndInfoAndMaterialsTxt
Submission Deadlines	None	SubmissionDeadlinesTxt
Restrictions On Awards	None	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (69 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Our Community Cares Camp
PO Box 503	Richmond	VT	05477	PC	OperatingSupport	$10,000
ReSource
266 Pine Street	Burlington	VT	05401	PC	YouthBuild& LEAPPrograms	$15,000
Vermont Youth Conservation Corps
1949 East Main Street	Richmond	VT	05477	PC	BSAFarm WorkWeek	$16,338
Vermont Youth Conservation Corps
1949 East Main Street	Richmond	VT	05477	PC	FarmProgram	$25,000
Rice Memorial High School
99 Proctor Avenue	South Burlington	VT	05403	PC	ScholarshipFund	$50,000
Rice Memorial High School
99 Proctor Avenue	South Burlington	VT	05403	PC	OperatingSupport	$2,500
Vermont Assoc for the Blind & Visually Impaired
37 Elmwood Avenue	Burlington	VT	05401	PC	HAPIProgram	$3,000
Vermont Historical Society
60 Washington Street	Barre	VT	05641	PC	Vermont HistoryDay	$10,000
Saint Francis Xavier School
5 Saint Peter Street	Winooski	VT	05404	PC	OperatingSupport	$95,000
Greater Burlington YMCA
266 College Street	Burlington	VT	05401	PC	OperatingSupport	$10,000
BSA Green Mountain Council
PO Box 557	Waterbury	VT	05676	PC	OperatingSupport	$20,000
BSA Green Mountain Council
PO Box 557	Waterbury	VT	05676	PC	Friends ofScoutingCampaign	$20,000
Lake Champlain Maritime Museum
4472 Basin Harbor Road	Vergennes	VT	05491	PC	High SchoolLongboatProgram	$10,000
Spruce Peak Arts Center Foundation
122 Hour Glass Drive	Stowe	VT	05672	PC	StudentMatineeSeries	$4,000
Aspire Together
56 Colchester Avenue	Burlington	VT	05401	PC	OperatingSupport	$10,000
Bishop John Marshall School
680 LaPorte Road	Morrisville	VT	05661	PC	TuitionAssistance	$30,000
New England Youth Theatre
100 Flat Street	Brattleboro	VT	05301	PC	Town SchoolProgram	$5,000
Milton Community Youth Coalition
PO Box 543	Milton	VT	05468	PC	OperatingSupport	$8,700
Friars Suppliers
583 South 7th Street	Lindenhurst	NY	11757	PC	Haiti Mission& Outreach	$5,000
Retreat Farm Ltd
45 Farmhouse Square	Brattleboro	VT	05301	PC	OperatingSupport	$10,000
Common Ground Center
473 Tatro Road	Starksboro	VT	05487	PC	AdventureCampProgram	$10,000
Spectrum Youth & Family Services
31 Elmwood Avenue	Burlington	VT	05401	PC	OperatingSupport	$15,000
King Street Center
87 King Street	Burlington	VT	05401	PC	OperatingSupport	$10,000
Children's Literacy Foundation
1536 Loomis Hill Road	Waterbury Center	VT	05677	PC	Year of theBookProgram	$10,000
Catamount Trail Association
One Mill Street 350	Burlington	VT	05401	PC	OperatingSupport	$5,000
Fairbanks Museum & Planetarium
1302 Main Street	St Johnsbury	VT	05819	PC	VirtualClassroom	$3,000
Green Mountain Farm to School
115 Second Street	Newport	VT	05855	PC	OperatingSupport	$5,000
Intervale Center
180 Intervale Road	Burlington	VT	05401	PC	Gleaning & Food Rescue	$5,000
Intervale Center
180 Intervale Road	Burlington	VT	05401	PC	ShiftMealsProgram	$5,000
Kids on the Ball Inc
19 Lindenwood Drive	South Burlington	VT	05403	PC	OperatingSupport	$5,000
Pure Water for the World
PO Box 55	Rutland	VT	05702	PC	OperatingSupport	$20,000
Town Hall Theater
PO Box 128	Middlebury	VT	05753	PC	CourageousStageProgram	$5,000
Twinfield Union School
106 Nasmith Brook Road	Marshfield	VT	05658	PC	MentoringProgram	$3,000
Vermont Energy Education Program
79 River Street 303	Montpelier	VT	05602	PC	OperatingSupport	$5,000
Vermont Institute of Natural Science
149 Natures Way	Quechee	VT	05059	PC	OperatingSupport	$5,000
Young Writers Project
47 Maple Street 216	Burlington	VT	05401	PC	OperatingSupport	$7,500
Alburgh Family Clubhouse
PO Box 406	Alburgh	VT	05440	PC	CapitalCampaign	$5,000
Arts Bus Inc
67 Main Street	Randolph	VT	05060	PC	OperatingSupport	$3,000
Association of Africans Living in Vermont
20 Allen Street 3rd Floor	Burlington	VT	05401	PC	OperatingSupport	$2,500
Audubon Vermont
255 Sherman Hollow Road	Huntington	VT	05462	PC	EnvironmentalEducationPrograms	$10,000
Boys and Girls Club of Burlington
62 Oak Street	Burlington	VT	05401	PC	Early PromiseProgram	$10,000
Boys and Girls Club of Burlington
62 Oak Street	Burlington	VT	05401	PC	OperatingSupport	$15,000
Boys and Girls Club of Rutland County
PO Box 636	Rutland	VT	05702	PC	CapitalProject	$3,000
Brattleboro Museum & Art Center
10 Vernon Street	Brattleboro	VT	05301	PC	OperatingSupport	$5,000
CareNet of Midcoast Maine
PO Box 969	Brunswick	ME	04011	PC	PrenatalServices	$20,000
Changing Perspectives
PO Box 694	Bradford	VT	05033	PC	OperatingSupport	$5,000
Community Sailing Center
505 Lake Street	Burlington	VT	05401	PC	Floating ClassroomsSTEM EducationProgram	$5,000
COTS
95 North Avenue	Burlington	VT	05401	PC	OperatingSupport	$2,000
ECHO Leahy Center of Lake Champlain
One College Street	Burlington	VT	05401	PC	SciExcel STEMProgram	$7,500
Feeding Chittenden
228 North Winooski Avenue	Burlington	VT	05401	PC	OperatingSupport	$2,500
Friends of the Milton Public Library
39 Bombardier Road	Milton	VT	05468	PC	OperatingSupport	$10,000
Governor's Institutes of Vermont
20 West Canal Street Suite C5	Winooski	VT	05404	PC	OperatingSupport	$15,000
Howard Center
208 Flynn Avenue	Burlington	VT	05401	PC	OperatingSupport	$15,000
Hunger Free Vermont
38 Eastwood Drive	South Burlington	VT	05403	PC	OperatingSupport	$2,500
Lund Family Center
76 Glen Road	Burlington	VT	05404	PC	OperatingSupport	$5,000
Lyric Theater Company
PO Box 1688	Williston	VT	05495	PC	OperatingSupport	$10,000
Milton Family Community Center
23 Villemaire Lane	Milton	VT	05468	PC	OperatingSupport	$10,000
Milton Family Community Center
23 Villemaire Lane	Milton	VT	05468	PC	FoodPantry	$2,500
Old Stone House Museum
109 Old Stone House Road	Brownington	VT	05860	PC	OperatingSupport	$5,000
Pregnancy Resource Center of Addison County
102 Court Street Suite B	Middlebury	VT	05753	PC	Reality CheckProgram	$4,800
Ronald McDonald House
16 South Winooski Avenue	Burlington	VT	05401	PC	OperatingSupport	$5,000
Saint Paul's School
54 Eastern Avenue	Barton	VT	05822	PC	TechnologyUpgrades	$10,000
Shelburne Farms
1611 Harbor Road	Shelburne	VT	05482	PC	Burlinton Cityand Lake Semester	$5,000
Southern Vermont Arts Center
PO Box 617	Manchester	VT	05254	PC	Artist inResidenceProgram	$3,000
Steps Towards Ending Domestic Violence
294 North Winooski Avenue 214a	Burlington	VT	05401	PC	OperatingSupport	$7,000
United Way of Lamoille County
20 Morrisville Plaza B	Morrisville	VT	05661	PC	OperatingSupport	$5,000
Vermont Foodbank
PO Box 254	Barre	VT	05670	PC	Veggie/Van/GoBackpackProgram	$15,000
Vermont Foodbank
PO Box 254	Barre	VT	05670	PC	COVID-19EmergencyResponse	$5,000
Windham Central Supervisory Union
1219 Vermont Route 30	Townshend	VT	05353	GOV	ExplorersSummerCamp	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$713,338	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$14,567	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$407,547	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$93,410	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$328,704	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$328,704	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	Paul G Mergens	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 718	AddressLine1Txt
City	Milton	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05468	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$40,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	Vermont CPA Firm Accounting & Tax Preparation	CategoryTxt
Amt	$2,175	Amt
Net Investment Income	$1,088	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,087	DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	Publicly Traded Securities	AssetDesc
How Acquired	Purchased	HowAcquiredTxt

Purchaser Name PurchaserNameGrp

Field	Value	IRS element (for citing)
Person	Unrelated Third Parties	PersonNm

Field	Value	IRS element (for citing)
Gross Sales Price	$9,795,955	GrossSalesPriceAmt
Basis	$9,889,365	BasisAmt
Basis Method	Cost	BasisMethodTxt
Sales Expense	$0	SalesExpenseAmt
Total Net	-$93,410	TotalNetAmt
Accumulated Depreciation	$0	AccumulatedDepreciationAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
77,571 Doubleline Funds Total Return Bond Fund	$866,467	$832,332
49,679 Osterweis Strategic Income Fund	$565,844	$547,960
24,055 Vanguard Short Term Investment Grade Bond Fund	$249,929	$264,602
82,572 Vanguard Total Bond Market Index Admiral Fund	$887,935	$960,311
28,116 Doubleline Total Return Bond Fund	$300,000	$301,687
88,407 Schwab Short-Term Bond Index Fund	$904,071	$915,430
133,779 Vanguard High-Yield Corporate Bond Fund	$800,000	$782,609

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
590sh Vanguard Health Care ETF	$100,058	$122,407
1,445sh Vanguard Information Tech ETF	$301,882	$474,177
9,765sh Baron Emerging Markets Institutional Fund	$112,318	$155,945
23,519sh Champlain Mid Cap Growth Fund	$399,154	$545,884
20,879sh FMI Large Cap Fund	$400,174	$399,218
2,941sh Harbor Capital Appreciation Fund	$174,160	$323,363
7,117sh Lazard International Strategic Equity Inst.	$69,961	$106,401
1,241sh Oakmark Fund	$77,657	$93,943
21,830sh Touchstone Institutional Funds Sand Cap Fund	$408,535	$719,735
5,349sh Vanguard Emerging Markets Stock Index Admiral Fund	$198,561	$197,010
7,026sh Vanguard Global Minimum Volume Fund	$199,971	$188,942
9,323sh Vanguard Growth Index Admiral Fund	$536,918	$1,149,006
2,529sh Vanguard REIT Index Admiral Fund	$299,895	$293,018
6,833sh Vanguard Small Cap Index Admiral Fund	$503,534	$519,472
7,216sh Vanguard Total International Stock Index Admiral Fund	$180,491	$207,603
12,815sh Vanguard Total Stock Market Admiral Fund	$712,572	$1,106,594
14,753sh Vanguard Value Index Admiral Fund	$473,174	$619,771
1,260sh Vanguard 500 Index Admiral Fund	$267,538	$408,064
20,478sh MFS International Intrin Fund	$820,898	$1,023,883
3,744sh IShares Global Materials ETF	$224,887	$261,818
3,683sh Vanguard Growth ETF	$514,206	$881,379
2,687sh Vanguard Health Care ETF	$481,673	$557,472
3,395sh Vanguard Information Technology ETF	$812,887	$1,114,069
4,950sh Vanguard Long Term Corporate Bond ETF	$499,738	$532,125
5,126sh Mid Cap ETF IV	$826,659	$921,860
1,306sh Vanguard S&P 500 ETF	$365,960	$419,252
4,242sh Vanguard S&P 500 Growth ETF	$749,580	$929,846
4,112sh Vanguard Small Cap ETF	$620,367	$651,588
7,133sh Vanguard Total Bond Market ETF	$599,952	$630,985
8,300sh Vanguard Value ETF	$809,117	$893,329

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
Leasehold Improvements	$3,623	$3,260	$363
Office Equipment	$7,575	$6,722	$853

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Computer Services	$1,063	$330	$733
Office & Other Supplies	$513	$157	$358
Postage	$284	$88	$196
Telephone	$2,950	$916	$2,034
Meals & Entertainment	$324	$50	$223
Insurance	$922	$286	$636
Payroll Service	$524	$163	$361
Benefits Consultant	$608	$189	$419
Bank Charges	$18	$6	$12
State Filing Fee	$20	$6	$14
Operating Cost Reimbursement from A.A. Mergens Foundation	-$65,745	-$19,720	-$46,025

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	Investment Management Providers Investment Management Services	CategoryTxt
Amt	$39,462	Amt
Net Investment Income	$39,462	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Payroll Taxes	$26,567	$8,254	$18,313
Federal Excise Taxes	$7,121	$0	$0