THE WALLACE RESEARCH FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE WALLACE RESEARCH FOUNDATION (EIN 42-6540579)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-26
- IRS object ID
- 202102999349101505
- Schema version
- 2020v4.1
- 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
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-26T15:24:46-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 FIRST ST SE STE 800 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 524011512 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 426540579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALLACE RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O RSM US LLP ATTN CARLEY LANE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WALL | BusinessNameControlTxt |
| Phone | 3192985333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 FIRST ST SE NO 800 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HENRY D WALLACE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3192985333 | PhoneNum |
| Signature | 2021-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | HENRY | PersonFirstNm |
| Person Last | WALLACE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CARLEY LANE | PreparerPersonNm |
| PTIN | P00982177 | PTIN |
| Phone | 3192985333 | PhoneNum |
| Preparation | 2021-10-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $98,211,326 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,598,213 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,598,213 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,531,453 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,894,152 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,531,453 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,129,666 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,129,666 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $67,710 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $20,804 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $46,906 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $425,689 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $425,689 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $75,306 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $20,306 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,010 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $200 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,780 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $570,715 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $466,999 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $48,686 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,245,425 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,245,425 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,816,140 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $466,999 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,294,111 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$686,474 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,662,667 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,771,842 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,143,718 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,143,718 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $35,114,452 | CorporateStockBOYAmt |
| Corporate Stock EOY | $37,748,865 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $64,903,635 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,132,601 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,155,710 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,461,392 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $24,714,311 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,039,673 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,655,073 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $28,742 | OtherAssetsBOYAmt |
| Other Assets EOY | $47,508 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $47,508 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $69,761,948 | TotalAssetsBOYAmt |
| Total Assets EOY | $69,135,474 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $98,211,326 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $69,761,948 | RetainedEarningBOYAmt |
| Retained Earning EOY | $69,135,474 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $69,761,948 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $69,135,474 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $69,761,948 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $69,135,474 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $69,761,948 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$686,474 | ExcessRevenueOverExpensesAmt |
| Other Increases | $60,000 | OtherIncreasesAmt |
| Subtotal | $69,135,474 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $69,135,474 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $14,334,190 | $11,524,045 | $2,810,145 | $2,810,145 |
| PUBLICLY TRADED SECURITIES | P | $1,545,650 | $1,838,654 | -$293,004 | -$293,004 |
| CAPITAL GAINS DIVIDENDS | P | $14,312 | $14,312 | $14,312 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,531,453 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $50,911 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $50,911 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $50,911 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $60,320 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $70,320 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $19,409 | OverpaymentAmt |
| Applied To ES Tax | $19,409 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CARLEY LANE | IndividualWithBooksNm |
| Phone | 3192985333 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 FIRST STREET SE STE 800 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| HENRY D WALLACE | ||||||||
| 201 FIRST ST SE STE 800 | CEDAR RAPIDS | IA | 52401 | PRESIDENT | 5.00 | $0 | $0 | $99 |
| LINDA WALLACE-GRAY | ||||||||
| 201 FIRST ST SE STE 800 | CEDAR RAPIDS | IA | 52401 | VP & TREASURER | 20.00 | $0 | $0 | $0 |
| MARSHALL GILCHRIST | ||||||||
| 201 FIRST ST SE STE 800 | CEDAR RAPIDS | IA | 52401 | DIRECTOR & SECRETARY | 2.00 | $0 | $0 | $1,681 |
| ALEX GILCHRIST | ||||||||
| 201 FIRST ST SE STE 800 | CEDAR RAPIDS | IA | 52401 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EAGLE CAPITAL MANAGEMENT | |||||
| 499 PARK AVENUE | NEW YORK | NY | 10022 | INVESTMENT MGMT | $229,438 |
| MORGAN STANLEY SMITH BARNEY | |||||
| 370 17TH STREET STE 2800 | DENVER | CO | 80202 | INVESTMENT CONSULT'G | $172,784 |
| RSM US LLP | |||||
| 201 FIRST ST SE | CEDAR RAPIDS | IA | 52401 | GRANT ADMIN/ACCT'G | $67,710 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $84,992,700 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,125,545 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $88,118,245 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $88,118,245 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,321,774 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $86,796,471 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,339,824 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,339,824 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $50,911 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $50,911 | TotalTaxAmt |
| Distributable Before Adj | $4,288,913 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $60,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,348,913 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,348,913 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,294,111 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,294,111 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,294,111 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,348,913 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,260,328 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,294,111 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,260,328 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $33,783 | 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 | $4,315,130 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (42 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALLIANCE FOR GLOBAL JUSTICE | ||||||||
| 225 E 26TH ST 1 | TUCSON | AZ | 85713 | NONE | PC | SUPPORT PHILLY THRIVE BY FUNDING THEIR WORK CONTESTING FOR THE TRANSITION OF THE PES OIL REFINERY AND OTHER FOSSIL FUEL INFRASTRUCTURE IN PHILADELPHIA | $35,000 | |
| ANIMAL FRIENDS OF THE VALLEYS | ||||||||
| 33751 MISSION TRAIL RD | WILDOMAR | CA | 92595 | NONE | PC | SUPPORT VETERINARY OUTREACH PROGRAMS IN AND AROUND THE WILDOMAR, CALIFORNIA AREA, BELIZE, AND COSTA RICA | $173,000 | |
| ARCHAEOLOGY SOUTHWEST | ||||||||
| 4550 CAMINITO CALLADO | TUCSON | AZ | 85718 | NONE | PC | IMPLEMENT THE FLUID IDENTITIES INITIATIVE | $200,000 | |
| ARIZONA-SONORA DESERT MUSEUM | ||||||||
| 2021 N KINNEY RD | TUCSON | AZ | 85743 | NONE | PC | GENERAL SUPPORT TO FURTHER AZ SONORA DESERT MUSEUM'S MISSION | $80,000 | |
| BROOKFIELD CRAFT CENTER INC | ||||||||
| PO BOX 122 | BROOKFIELD | CT | 06804 | NONE | PC | RETENTION OF AN ARTIST IN RESIDENCE/EDUCATION DIRECTOR POSITION, TO HELP DEVELOP AND EXPAND THE COURSE CURRICULUM, AND SUPPORT INFRASTRUCTURE IMPROVEMENTS TO HISTORIC BUILDINGS | $100,000 | |
| CENTER FOR CLIMATE PROTECTION | ||||||||
| PO BOX 3785 | SANTA ROSA | CA | 95402 | NONE | PC | SUPPORT THE RAPID DECARBONIZATION CAMPAIGN FOR A CLIMATE-SAFE FUTURE | $250,000 | |
| COMMUNITY FOOD BANK INC | ||||||||
| 3003 S COUNTRY CLUB RD | TUCSON | AZ | 85713 | NONE | PC | SUPPORT PHASE II OF THE MAIN WAREHOUSE SOLAR SYSTEM INSTALLATION PROJECT | $98,000 | |
| COMMUNITY FOOD BANK INC | ||||||||
| 3003 S COUNTRY CLUB RD | TUCSON | AZ | 85713 | NONE | PC | PURCHASE OF A PUSH-BACK RACKING SYSTEM | $50,000 | |
| CONQUER CHIARI | ||||||||
| 320 OSPREY CT | WEXFORD | PA | 15090 | NONE | PC | SUPPORT RESEARCH PROJECTS BY FUNDING CCRC POST-DOCTORAL RESEARCH FELLOW | $50,000 | |
| CORAL RESTORATION | ||||||||
| 89111 OVERSEAS HIGHWAY | TAVERNIER | FL | 33070 | NONE | PC | PLANT 12,815 STAGHORN, 5,750 ELKHORN, AND 3,000 STAR CORALS AT CARYSFORT REEF, PICKLES REEF, AND SOMBRERO REEF | $25,000 | |
| DANCING CLASSROOMS INC | ||||||||
| 1350 AVENUE OF THE AMERICAS 2ND | NEW YORK | NY | 10019 | NONE | PC | SUPPORT DIGITAL INFRASTRUCTURE, REMOTE LEARNING PROGRAMMING, AND MARKETING AND OUTREACH OF NEW DIGITAL OFFERINGS | $110,000 | FLOOR |
| DIGDEEP RIGHT TO WATER PROJECT | ||||||||
| PO BOX 26779 | LOS ANGELES | CA | 90069 | NONE | PC | PURCHASE 275 GALLON WATER TANKS FOR 200 FAMILIES WITHOUT RUNNING WATER AND IMPACTED BY COVID-19 ON THE NAVAJO NATION | $50,000 | |
| ECOHEALTH ALLIANCE | ||||||||
| 520 EIGHTH STREET SUITE 1201 | NEW YORK | NY | 10018 | NONE | PC | FUND THE PROJECT TO MITIGATE THE RISK OF CORONAVIRUS EMERGENCE VIA HUMAN-WILDLIFE INTERACTIONS IN SOUTHEAST ASIA, | $250,000 | |
| EMERGE CENTER AGAINST DOMESTIC ABUSE | ||||||||
| 2545 EAST ADAMS STREET | TUCSON | AZ | 85716 | NONE | PC | SUPPORT HOTEL COSTS ASSOCIATED WITH OPERATING AN EMERGENCY SHELTER FOR PEOPLE EXPERIENCING DOMESTIC VIOLENCE | $50,000 | |
| HIAS PENNSYLVANIA | ||||||||
| 2100 ARCH ST | PHILADELPHIA | PA | 19103 | NONE | PC | FULLY DIGITALIZE PAST CLIENT RECORDS | $32,000 | |
| HOLISTIC MANAGEMENT | ||||||||
| 2425 SAN PEDRO DR NE STE A | ALBUQUERQUE | NM | 87110 | NONE | PC | SUPPORT THE COSTS OF THE "SAVING TOMORROWS AGRICULTURAL RESOURCES" (STAR) PROGRAM AND ROLLING IT OUT ACROSS COLORADO AS WELL AS PILOTING THE PROGRAM IN WATER AND CONSERVATION DISTRICTS | $50,000 | |
| INTERNATIONAL HERPETOLOGICAL SYMPOSIUM INC | ||||||||
| 1989 COLONIAL PKWY | FORT WORTH | TX | 76110 | NONE | PC | SUBVENTION FOR PUBLISHING COSTS OF SNAKES OF ARIZONA | $43,250 | |
| JOHN HOPKINS UNIVERSITY | ||||||||
| 415 N WASHINGTON ST 4TH FLOOR | BALTIMORE | MD | 21231 | NONE | PC | ADDRESS THE IMPACT OF COVID-19 ON THE MENTAL AND BEHAVIORAL HEALTH OF NATIVE AMERICANS | $50,000 | |
| LEWA WILDLIFE CONSERVANCY | ||||||||
| PO BOX 4449 | NEW YORK | NY | 10163 | NONE | PC | SUPPORT SECURITY OPERATIONS ACROSS THE LEWA-BORANA LANDSCAPE AND THE ANTI-POACHING PROGRAM IN NORTHERN KENYA | $100,000 | |
| MASSACHUSETTS AUDUBON SOCIETY | ||||||||
| 208 SOUTH GREAT ROAD | LINCOLN | MA | 01773 | NONE | PC | FUND THE PROTECTION AND CONSERVATION OF THE NATURE OF BELIZE | $103,000 | |
| NATIVE AMERICAN ADVANCEMENT FOUNDATION | ||||||||
| PO BOX 64877 | TUCSON | AZ | 85728 | NONE | PC | SUPPORT THE REMOTE LEARNING CENTER, DAILY MEAL SERVICES, GRAD SOLUTIONS, AND OODHAM LANGUAGE PRESERVATION AND REVITALIZATION IN THE GUVO DISTRICT | $84,500 | |
| PENNENVIRONMENT RESEARCH & POLICY CENTER INC | ||||||||
| 1429 WALNUT STREET SUITE 110 | PHILADELPHIA | PA | 19102 | NONE | PC | RESEARCH, WRITE, AND DISSEMINATE STUDIES ON THE VIABILITY OF ELECTRIC VEHICLES IN PENNSYLVANIA TO REDUCE GLOBAL WARMING POLLUTION EMISSIONS | $60,000 | |
| RURAL AND MIGRANT MINISTRY INC | ||||||||
| PO BOX 4757 | POUGHKEEPSIE | NY | 12602 | NONE | PC | CAPACITY BUILDING THROUGH THE ESTABLISMENT OF A COMMUNICATIONS PROGRAM COORDINATOR AND SUPPORT FOR MOVING COSTS TO A NEW HOME | $105,000 | |
| SARSEF | ||||||||
| 4574 E BROADWAY BLVD | TUCSON | AZ | 85711 | NONE | PC | DELIVER VIRTUAL STEM INSTRUCTION TO UNDERREPRESENTED STUDENTS IN RURAL COMMUNITIES | $75,000 | |
| ST JUDE CHILDRENS RESEARCH HOSPITAL | ||||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | NONE | PC | FUND RESEARCH TO UNDERSTAND THE ETIOLOGY OF BLEEDING DISORDERS | $155,000 | |
| THE NATURE CONSERVANCY - ALASKA | ||||||||
| 715 L STREET SUITE 100 | ANCHORAGE | AK | 99501 | NONE | PC | CONDUCT AERIAL DETECTION SURVEYS TO PRODUCE TECHNOLOGY TO SUPPORT CONSERVATION EFFORTS IN ALASKA AND TO MAKE NEEDED BUILDING IMPROVEMENTS | $26,500 | |
| THE NATURE CONSERVANCY - ARIZONA | ||||||||
| 1510 E FORT LOWELL RD | TUCSON | AZ | 85719 | NONE | PC | FUND CAPITAL EXPENSES, FIELD SUPPLIES, IMPROVEMENTS, AND EXPENSES FOR THE ARIZONA CHAPTER | $71,500 | |
| THE NATURE CONSERVANCY - TENNESSEE | ||||||||
| 2 MARYLAND FARMS SUITE 150 | BRENTWOOD | TN | 37027 | NONE | PC | FUND PROJECTS TO SUPPORT CAVE AND BAT CONSERVATION | $70,000 | |
| TOHONO CHUL PARK | ||||||||
| 7366 N PASEO DEL NORTE | TUCSON | AZ | 85704 | NONE | PC | SUPPORT THE GARDENS, SOLAR ENERGY, AND CONSERVATION EDUCATION PROGRAMS | $150,000 | |
| TOHONO CHUL PARK | ||||||||
| 7367 N PASEO DEL NORTE | TUCSON | AZ | 85705 | NONE | PC | FUND COMPUTER TECHNICAL SUPPORT AND STAFFING IN THE GREENHOUSE GARDENS AND MAINTENANCE FACILITIES. | $103,000 | |
| TUCSON BOTANICAL GARDENS | ||||||||
| 2150 N ALVERNON WAY | TUCSON | AZ | 85712 | NONE | PC | SUSTAINING THE GARDENS AS A RESULT OF THE COVID-19 PANDEMIC TEMPORARY CLOSURE | $40,000 | |
| URBANPROMISE INTERNATIONAL INC | ||||||||
| PO BOX 156 | PENNSAUKEN | NJ | 08110 | NONE | PC | FUND AND EXPAND EXPERIENTIAL LEARNING PROGRAMS FOR INNER CITY YOUTH AND ASSIST IN INITIATING NEW URBANPROMISE SITES IN NEW CITIES | $150,000 | |
| VANDERBILT UNIVERSITY | ||||||||
| 111 21ST AVENUE SOUTH WILSON HALL | NASHVILLE | TN | 37240 | NONE | PC | SUPPORT THE RESEARCH PROJECT, DEVELOPMENTAL STUDIES OF COCHLEAR IMPLANTATION IN MACAQUES | $20,000 | 065 |
| WILD SALMON CENTER | ||||||||
| 721 NW 9TH AVENUE SUITE 300 | PORTLAND | OR | 97209 | NONE | PC | SUPPORT THE COLD WATER CONNECTION CAMPAIGN | $200,000 | |
| WILDCOAST | ||||||||
| 925 SEACOAST DR | IMPERIAL BEACH | CA | 91932 | NONE | SO I | SUPPORT COASTAL CONSERVATION AND NATURAL CLIMATE SOLUTIONS IN MEXICO | $120,000 | |
| WILDCOAST | ||||||||
| 925 SEACOAST DR | IMPERIAL BEACH | CA | 91932 | NONE | PC | SUPPORT THE BLUE CARBON ECOSYSTEM, WILDLANDS, AND MARINE PROTECTED AREA CONSERVATION IN CALIFORNIA AND MEXICO | $123,000 | |
| WILDLIFE ALLIANCE INC | ||||||||
| 1441 BROADWAY FIFTH FLOOR | NEW YORK | NY | 10018 | NONE | PC | CONTINUE COMBAT AGAINST THE ILLEGAL WILDLIFE TRADE IN CAMBODIA AND ENSURING CARE AND RELEASE FOR RESCUED ANIMALS | $100,000 | |
| WILDLIFE ALLIANCE INC | ||||||||
| 1441 BROADWAY FIFTH FLOOR | NEW YORK | NY | 10018 | NONE | PC | CARE FOR RESCUED WILDLIFE AND WILDLIFE RELEASE PROGRAMS AT PHNOM TAMAO WILDLIFE RESCUE CENTRE | $10,000 | |
| WOODS HOLE OCEANOGRAPHIC INSTITUTION | ||||||||
| 266 WOODS HOLE ROAD MS40 | WOODS HOLE | MA | 02543 | NONE | PC | FUND DEVELOPMENT OF NEW METHODS TO DETECT MICROPLASTICS IN AQUATIC ENVIRONMENTS | $200,000 | |
| YALE SCHOOL OF MEDICINE | ||||||||
| 25 SCIENCE PARK 3RD FLOOR 150 | NEW HAVEN | CT | 06520 | NONE | PC | FUND RESEARCH IN THE TREATMENT OF MAJOR DEPRESSIVE DISORDERS | $274,688 | MUNSON STREET |
| YALE UNIVERSITY | ||||||||
| PO BOX 1873 | NEW HAVEN | CT | 06508 | NONE | PC | FUND A RESEARCH PROGRAM STARTED IN 2016 TO ADVANCE THE PRACTICE OF ACADEMIC INTEGRATIVE MEDICINE | $99,987 | |
| AGR FOUNDATION INC | ||||||||
| 1895 WEST PRINCE RD | TUCSON | AZ | 85705 | NONE | PC | ASSIST WITH THE CONSTRUCTION OF SOL DOG LODGE AND TRAINING CENTER | $108,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,245,425 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,598,213 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,531,453 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,129,666 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,129,666 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $67,710 | Amt |
| Net Investment Income | $20,804 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $46,906 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (56 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN CHASE & CO | $251,719 | $253,839 |
| GENERAL MILLS INC | $251,407 | $254,819 |
| CVS HEALTH CORP | $253,158 | $260,967 |
| HARLEY-DAVIDSON INC | $253,603 | $272,012 |
| GMAC CAP TRUST I 8.125% TO 2/1/16 FLOATS AFTER | $167,566 | $182,506 |
| CITIGROUP CAPT XIII 7.875% FIX ED 10/30/15 FLOATS AFTER | $47,638 | $51,813 |
| REINSURANCE GROUP AMERICA INC | $60,568 | $60,060 |
| TELEPHONE & DATA SYSTEMS | $73,092 | $74,168 |
| UNITED STATES CELLULAR CORP 7.25% | $12,160 | $11,942 |
| UNITED STATES CELLULAR CORP 7.25% | $23,794 | $23,997 |
| ASSURED GUARNITY MUNI HLDGS INC NT MTY | $34,689 | $35,410 |
| BANK OF AMERICA CORP | $231,000 | $249,374 |
| PACKAGING CORP OF AMERICA | $227,694 | $246,533 |
| ALLSTATE CORP 5.1 FIXED TO 01/23 THEN FLOATS | $57,443 | $60,599 |
| BERKLEY CORP | $23,457 | $23,947 |
| WR BERKLEY CORP | $11,808 | $12,051 |
| REINSURANCE GRP OF AMERICA | $73,036 | $79,993 |
| WESTERN ALLIANCE BANCORPORATION 6.25 | $23,461 | $24,116 |
| QWEST CORP 6.5 | $83,581 | $86,589 |
| NUSTAR LOGISTICS LP 7.625% | $27,626 | $27,280 |
| GLOBAL INDEMNITY LIMITED 7.875% | $35,084 | $36,697 |
| STIFEL FINANCIAL CORP 5.2% | $10,453 | $10,946 |
| ENBRIDGE INC 6.375% | $69,751 | $76,369 |
| CMS ENERGY CORP 5.875% | $23,089 | $25,370 |
| ALGONQUIN POWER & UTILITIES CORP 6.875% | $22,725 | $23,857 |
| PRUDENTIAL FINANCIAL INC 5.625% | $10,429 | $11,978 |
| GOLBE LIFE INC 6.125 | $23,511 | $25,304 |
| AMERICAN FINANCIAL GROUP 5.8750 | $4,439 | $5,092 |
| NATIONAL RURAL UTIL COOP | $11,447 | $13,322 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC. | $22,435 | $25,143 |
| ALGONQUIN POWER & UTILITIES CORP 6.875% | $44,855 | $49,414 |
| SOUTH JERSEY INDUSTRIES INC. | $11,509 | $11,765 |
| AFFILIATED MANAGERS GROUP INC. 5.875 | $21,715 | $24,309 |
| GENERAL ELECTRIC CO FXD | $244,139 | $232,563 |
| FIRST ENERGY CORP | $248,392 | $254,095 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC. | $152,210 | $156,932 |
| DUKE ENERGY CORP | $261,552 | $271,785 |
| SIMON PROPERTY GROUP LP | $209,187 | $217,484 |
| CME GROUP INC | $259,184 | $274,085 |
| ZIMMER BIOMET HOLDINGS INC | $263,576 | $276,148 |
| SHERWIN WILLIAMS CO/THE | $263,647 | $282,435 |
| CITIBANK NA | $245,000 | $252,029 |
| NORDSTOM INC | $278,757 | $280,013 |
| NORTHROP GRUMMAN SYSTEMS CORP | $305,024 | $318,653 |
| EXELON CORP | $264,719 | $281,588 |
| BOEING CO 3.1% | $104,187 | $117,788 |
| BOEING CO 2.8% | $145,040 | $145,498 |
| PIMCO DYN CREDIT & MORT INC | $219,441 | $265,000 |
| AMERICAN FINANCIAL GROUP 5.625% | $11,188 | $12,597 |
| PRUDENTIAL FINANCIAL INC | $24,157 | $25,235 |
| AFFILIATED MANAGERS GR 4.75% | $12,024 | $12,658 |
| THE SOUTHERN CO 4.20% | $48,573 | $52,413 |
| ASSURANT INC 5.25% | $24,990 | $26,539 |
| UNITED STATES CELLULAR CORP 5.50% | $12,374 | $12,403 |
| THE SOUTHERN CO 4.95% | $34,031 | $36,689 |
| BROOKFIELD FIN INC 4.625% | $24,376 | $25,181 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (146 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AERCAP HOLDINGS NV | $382,722 | $336,243 |
| FIRST TR EXCHANGE TRADED FD VI | $699,538 | $939,929 |
| FIRST TRUST AMEX BIOTECH | $1,133,820 | $2,230,906 |
| SPDR S&P MIDCAP 400 ETF TRUST | $1,513,688 | $5,269,995 |
| VANGUARD HEALTH CARE ETF | $2,003,532 | $4,375,934 |
| VANGUARD RUSSELL 1000 | $2,970,541 | $7,378,294 |
| AEGON NV SERIES 1 | $22,509 | $25,515 |
| ASPEN INSURANCE HLDG LTD | $46,946 | $50,573 |
| BK OF AMERICA CO 5.875% | $10,567 | $11,599 |
| CHS INC | $99,335 | $100,469 |
| CHS INC | $47,805 | $50,801 |
| CITIGROUP INC 6.875%-K | $135,762 | $139,818 |
| CITIGRP INC 7.125% | $12,011 | $11,831 |
| F N B CORP FLA DEP SHS REPSTG | $41,072 | $41,208 |
| FIFTH THIRD BANCORP 6.625%-I | $41,873 | $43,098 |
| GOLDMAN SACHS GRP INC 5.50%-J | $35,529 | $36,595 |
| GOLDMAN SACHS GRP INC 6.375%-K | $56,779 | $61,683 |
| JP MORGAN CHASE & CO 6.1%-Y | $4,869 | $4,867 |
| MORGAN STANLEY 6.375%-I | $81,405 | $86,100 |
| MORGAN STANLEY 6.875%-F | $61,478 | $61,931 |
| PARTNERRE LTD 7.25% | $81,326 | $75,228 |
| PNC FINL P 6.125% FLTS 5/01/22 | $61,530 | $57,845 |
| REGIONS FINANCIAL CO 6.375%-B | $37,357 | $37,878 |
| STATE ST CO 5.90-D FXD-TO-FLT | $36,560 | $37,736 |
| VALLEY NATL BANCORP SER-A | $22,815 | $25,022 |
| WELLS FARGO & COMPANY 6.625%-R | $23,867 | $24,931 |
| WINTRUST FINANCIAL CORP | $49,039 | $52,631 |
| ZIONS BANCORP 6.30% | $51,201 | $50,220 |
| HARTFORD FIN SER6.0% | $9,194 | $10,175 |
| ALPHABET INC CL C | $1,000,449 | $2,778,482 |
| AMAZON COM INC | $163,626 | $1,791,312 |
| AON PLC SHS CL-A | $799,862 | $1,508,257 |
| BERKSHIRE HATHAWAY CL-B NEW | $922,179 | $1,638,625 |
| CITIGROUP INC NEW | $1,208,709 | $1,368,235 |
| COMCAST CORP (NEW) CLASS A | $1,692,848 | $2,366,332 |
| DISH NETWORK CLASS A | $589,994 | $498,392 |
| FACEBOOK INC CL-A | $915,863 | $1,487,629 |
| GOLDMAN SACHS GRP INC | $943,265 | $1,443,549 |
| HILTON WORLDWIDE HLDGS INC | $657,739 | $952,719 |
| MICROSOFT CORP | $321,208 | $2,566,060 |
| MORGAN STANLEY | $416,232 | $827,500 |
| UNITEDHEALTH GP INC | $85,467 | $1,029,596 |
| AMER HOMES 4 RENT 6.35 SER-E | $24,673 | $25,090 |
| AMERICAN HMS 4 RENT PFD D 6.5 | $24,244 | $24,073 |
| AMERICAN HOMES 4 RENT 6.25 | $10,550 | $11,259 |
| ARCH CAP GROUP LTD 5.25 | $22,783 | $24,273 |
| ASPEN INSURANCE HOLDING 5.95 | $58,368 | $61,473 |
| BANK OF AMERICA CORP 6.2 CC | $17,468 | $16,593 |
| CHARLES SCHWAB CORP 5.95 D | $51,011 | $50,674 |
| CHS INC/RED PFD CL BS4 | $95,572 | $101,721 |
| CITIGROUP INC 6.3 | $24,948 | $25,023 |
| HUNTINGTON BANCSHARES 6.25 | $36,877 | $36,173 |
| KEYCORP 6.125 SER-E | $42,318 | $47,125 |
| PEOPLES UNITED FIN INC SER A | $68,297 | $74,004 |
| SCE TRUST IV 5.375 | $12,658 | $12,425 |
| SCE TRUST V 5.45 | $25,953 | $26,752 |
| STIFEL FINANCIAL CORP 6.25 | $25,190 | $25,071 |
| WELLS FARGO & CO 5.7 SER-2 | $12,276 | $12,134 |
| MARRIOTT INTL INC NEW CL A | $966,711 | $1,644,119 |
| FIRST TRUST WATER ETF (FIW) | $724,843 | $1,370,280 |
| AGNC INVESTMENT CORP 7% | $26,141 | $26,484 |
| ANNALY CAP MGMNT 6.95% | $26,322 | $26,538 |
| ARCH CAP GROUP LTD 5.45% | $22,054 | $23,612 |
| DIGITAL RLTY TR INC RED SER C | $17,076 | $16,678 |
| ENSTAR GROUP LTD 7% | $34,238 | $38,350 |
| FARMLAND PARTNERS INC 6% | $26,001 | $25,360 |
| GLOBAL NET LEASE INC PFD SER A | $6,217 | $6,592 |
| MORGAN STANLEY 5.85% | $20,397 | $23,224 |
| NATIONAL STORAGE AFFILIA 6% | $11,999 | $12,588 |
| NEW YORK CMNTY BC INC SER A | $69,834 | $77,554 |
| NISOURCE INC 6.5% SER B | $22,162 | $24,501 |
| STATE STREET CORP 5.350% | $27,454 | $29,481 |
| TCF FINANCIAL CORPN 5.70 | $11,970 | $12,544 |
| VALLEY NATL BANCRP 5.50% | $11,620 | $11,869 |
| WELLS FARGO 5.85-Q FIXD | $48,750 | $49,243 |
| GENERAL MTRS CO | $575,212 | $696,429 |
| WELLS FARGO & CO NEW | $1,809,483 | $1,408,440 |
| JP MORGAN CHASE & CO. 5.75% | $5,446 | $6,126 |
| BRIGHTSPHERE INVT GROUP LLC NT | $43,289 | $49,140 |
| AGNC INVESTMENT CORP 6.875% | $13,515 | $13,405 |
| AIR LEASE CORP | $31,795 | $40,165 |
| ALLSTATE CORP | $11,267 | $12,494 |
| AMER EQ INV HLDG CO | $54,505 | $62,760 |
| ANNALY CAP MGMT INC PDF SER I | $51,872 | $54,660 |
| ASPEN INSURANCE HOLDINGS 5.625 | $23,616 | $24,684 |
| ATHENE HOLDING LTD | $34,075 | $38,053 |
| ATHENE HOLDING LTD | $22,382 | $25,562 |
| EQUITABLE HLDGS DEP RP PFD A | $23,238 | $24,882 |
| BANK OF AMERICA CO 5.00 | $30,389 | $32,736 |
| BANK OF AMERICA CO 6% | $22,267 | $24,594 |
| CAPITAL ONE FINANCIAL 5% | $68,746 | $75,941 |
| CITIZENS FIN GROUP 6.35% D | $34,437 | $38,905 |
| DIGITAL REALTY TRST 5.850 | $21,684 | $24,167 |
| DIGITAL REALTY TST INC 5.20% | $22,493 | $24,543 |
| JPMORGAN CHASE & CO. 6.00% | $10,375 | $11,791 |
| PS BUSINESS CO 6.375% | $11,803 | $12,819 |
| SPIRE INC 5.90% | $10,981 | $11,900 |
| FT ENHANCED SHORT MATURITY ETF | $180,398 | $180,120 |
| PIMCO ENHANCED SHRT MTRT EXC | $1,217,699 | $1,224,480 |
| VANGUARD FTSE EMERING MARKETS | $1,924,853 | $2,299,448 |
| LIBERTY BROADBAND CORP | $971,260 | $1,870,033 |
| NETFLIX | $449,024 | $850,028 |
| WABTEC CORP | $258,289 | $267,766 |
| WALT DISNEY CO HLDG | $274,409 | $553,324 |
| FIRST TRUST CAPITAL STRENGTH | $2,047,703 | $2,362,500 |
| FT NASDAQ CLEAN EDGE GREEN ERN | $509,426 | $561,840 |
| SPDR GOLD TR GOLD SHS | $932,744 | $1,070,160 |
| VANGUARD DIVIDEND APPRECIATION | $1,106,646 | $1,327,139 |
| AGNC INVMT CO 6.125% | $27,432 | $26,494 |
| AGNC INVSTMNT CORP 6.50% | $13,668 | $13,269 |
| AMERICAN EQUITY 6.625% | $57,432 | $62,998 |
| AT&T INC 4.750% | $34,121 | $37,598 |
| ATHENE HOLDING LTD 6.375% | $34,433 | $38,026 |
| ATLANTIC UN BANKSHARES 6.875 | $15,995 | $17,617 |
| AXIS CAP HOLDINGS LTD 5.5% | $10,889 | $11,810 |
| BANK OF AMERICA COR 4.375% | $48,479 | $51,454 |
| BROOKFIELD FIN I UK 4.50% | $24,778 | $25,657 |
| CAPITAL ONE FINANCIAL 4.80% | $12,586 | $12,818 |
| CITIZENS FINL GRP INC 5% | $11,699 | $12,697 |
| FIFTH THIRD BANCORP 6% | $10,473 | $11,070 |
| FIRST HORI CORP 6.50DP RP PFD | $11,081 | $12,718 |
| FIRST REPUBLIC BK 4.125% | $24,046 | $25,250 |
| FIRST REPUBLIC BK 4.7% | $12,584 | $13,007 |
| PINNACLE FIN PRTNRS 6.75% | $34,350 | $38,046 |
| PUBLIC STORAGE 3.9% | $12,231 | $12,672 |
| PUBLIC STORAGE 4.125% | $11,794 | $12,697 |
| PUBLIC STORAGE 4.625% | $23,065 | $24,942 |
| SCE TRUST VI 5% | $12,229 | $12,915 |
| SIGNATURE BK NY 5% | $38,419 | $39,450 |
| TRUIST FINANCIAL CORP 5.25% | $22,430 | $24,982 |
| TRUIST FINCL CORP 4.75% | $36,061 | $39,430 |
| U.S. BANCORP 3.75% | $12,034 | $12,287 |
| UNITED STATES CELLULAR 6.25% | $23,707 | $25,037 |
| VORNADO REALTY TR 5.25% | $12,375 | $13,221 |
| WELLS FARGO & CO 4.75% | $23,611 | $25,284 |
| WELLS FARGO & CO 5.5% | $36,092 | $36,500 |
| WELLS FARGO 7.5 NON-CUM CL A | $98,094 | $107,771 |
| WELLS FARGO CO DEP SH PFD CL A | $22,808 | $24,059 |
| WESBANCO INC 6.75% | $7,211 | $7,714 |
| WESCO INTL INC DP SH | $11,593 | $13,531 |
| WINTRUST FINL COR DEP REP SR E | $33,289 | $37,920 |
| ANTHEM INC COM | $638,663 | $772,864 |
| CAPITAL ONE FINANCIAL CORP | $283,607 | $410,821 |
| GENERAL ELECTRIC CO | $856,500 | $1,424,704 |
| WOODWARD INC COM | $111,005 | $155,437 |
| HEXCEL CORP NEW | $113,594 | $99,211 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LORD ABBETT SHT DURATION INC F | AT COST | $4,486,608 | $4,234,233 |
| MAINSTAY HI YLD CORP BOND I | AT COST | $3,027,629 | $3,492,690 |
| MATTHEWS ASIA DIVIDEND INV | AT COST | $1,198,559 | $1,407,412 |
| ARTISAN FUNDS INC MID CAP VALUE FD INV SHS ARTQX | AT COST | $31,393 | $31,695 |
| ARTISAN FDS INC INTERNAITIONAL FUND INV ARTIX | AT COST | $31,970 | $48,629 |
| DIAMOND HILL LONG-SHORT FUND CL I DHLSX | AT COST | $46,958 | $71,181 |
| DODGE & COX INCOME FD DODIX | AT COST | $114,428 | $126,826 |
| HARRIS ASSOC INVT TR OAKMARK INTL FUND CL I OAKIX | AT COST | $26,029 | $45,253 |
| JPMORGAN MID CAP VALUE FUND CL I FLMVX | AT COST | $24,428 | $35,917 |
| ROYCE FUND PENNSYLVANIA MUTUAL FD INVESTMENT CL PENNX | AT COST | $54,128 | $61,421 |
| PIMCO FDS PAC INVT MGMT SER EMERGING MKTS BD RD INSTL CL PEBIX | AT COST | $16,438 | $16,438 |
| PRINICIPAL FUNDS INC PREFERRED SECURITIES INSTAL CLASS PPSIX | AT COST | $35,922 | $37,525 |
| TEMPLETON INCOME TR GLOBAL BD FD ADVISOR CL TGBAX | AT COST | $16,123 | $12,832 |
| TWEEDY BROWNE FD INC GLOBAL VALUE FD TBGVX | AT COST | $21,072 | $28,291 |
| VANGUARD GNMA FD CL I VFIIX | AT COST | $21,358 | $21,954 |
| FIRST EAGLE OVERSEAS 1 | AT COST | $7,125,308 | $7,887,194 |
| PGIM TOTAL RETURN BOND Z | AT COST | $6,761,322 | $7,095,582 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDEND RECEIVABLE | Desc |
| BOY Book Value | $28,742 | BOYBookValueAmt |
| EOY Book Value | $47,508 | EOYBookValueAmt |
| EOYFMV | $47,508 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK SERVICE CHARGES | $230 | $200 | $0 |
| DIRECTOR EXPENSES | $1,780 | $0 | $1,780 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF PRIOR YEAR GRANTS | Desc |
| Amt | $60,000 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $425,689 | Amt |
| Net Investment Income | $425,689 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $20,306 | $20,306 | $0 |
| EXCISE TAX | $55,000 | $0 | $0 |