NORMAN AND ANN HOFFMAN FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- NORMAN AND ANN HOFFMAN FOUNDATION (EIN 45-3080856)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202123169349103012
- 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
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T12:02:50-06:00 | 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 | 801 NICOLLET MALL WEST TOWER STE | AddressLine1Txt |
| Address Line2 | 1200 | AddressLine2Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022526 | 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 | 453080856 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORMAN AND ANN HOFFMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORM | BusinessNameControlTxt |
| Phone | 6127667255 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 116 LAKE STREET WEST | AddressLine1Txt |
| City | WACONIA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55387 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GERALD R STORMS | PersonNm |
| Person Title | DIRECTOR/VP/TREASURER | PersonTitleTxt |
| Phone | 6127667255 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GERALD | PersonFirstNm |
| Person Last | STORMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KACIE MCEWEN | PreparerPersonNm |
| PTIN | P01599614 | PTIN |
| Phone | 6123324300 | PhoneNum |
| Preparation | 2021-11-10 | 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 | $7,438,624 | 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 |
| Interest On Sav Rev And Expnss | $38,528 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $38,528 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $76,480 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $76,480 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$2,593 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,821,910 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $112,415 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $115,008 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $3,855 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $3,855 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,829 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,829 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,875 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,937 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,938 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $8,768 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,359 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $26,291 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $68 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $52,686 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,228 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,690 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $181,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $181,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $234,186 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,228 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $195,190 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$121,771 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $84,780 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,132 | CashBOYAmt |
| Cash EOY | $8,146 | CashEOYAmt |
| Cash EOYFMV | $8,146 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $62,759 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,968 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,968 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $187,494 | CorporateStockBOYAmt |
| Corporate Stock EOY | $482,023 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $660,563 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,918,472 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,183,985 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,212,321 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,463,440 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,178,174 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,532,626 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,642,297 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,877,296 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,438,624 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | -$355,761 | CapitalStockBOYAmt |
| Capital Stock EOY | -$355,761 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,998,058 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,233,057 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,642,297 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,877,296 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,642,297 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,877,296 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,642,297 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$121,771 | ExcessRevenueOverExpensesAmt |
| Other Increases | $360,000 | OtherIncreasesAmt |
| Subtotal | $4,880,526 | SubtotalAmt |
| Other Decreases | $3,230 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,877,296 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLIC TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $2,821,910 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,824,503 | CostOrOtherBasisAmt |
| Gain Or Loss | -$2,593 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$2,593 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$2,593 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,178 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,178 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,178 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,240 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,240 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $7 | EsPenaltyAmt |
| Overpayment | $4,055 | OverpaymentAmt |
| Applied To ES Tax | $4,055 | 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 | MN | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERALD R STORMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9524421829 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 116 LAKE STREET WEST | AddressLine1Txt |
| City | WACONIA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55387 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| NORMAN H HOFFMAN | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR/PRESIDENT | 2.00 | $0 | $0 | $0 |
| ANNA M HOFFMAN | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR/SECRETARY | 1.00 | $0 | $0 | $0 |
| GERALD R STORMS | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR/VP/TREASURER | 1.00 | $3,855 | $0 | $0 |
| JEANNE H HOFFMAN | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JULIA K HOFFMAN | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $6,071,198 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $267,614 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $400,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,738,812 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,738,812 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $101,082 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,637,730 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $331,887 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $331,887 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,178 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,178 | TotalTaxAmt |
| Distributable Before Adj | $330,709 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $330,709 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $330,709 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $195,190 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $195,190 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $195,190 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $330,709 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $516,985 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $742,072 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,852,661 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,111,718 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $195,190 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $195,190 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $135,519 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $135,519 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,976,199 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,976,199 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $381,466 | ExcessFromYear4Amt |
| Excess From Year2 | $742,072 | ExcessFromYear2Amt |
| Excess From Year1 | $1,852,661 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NORMAN H HOFFMAN | ContributingManagerNm |
| Contributing Manager | ANNA M HOFFMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN DIABETES ASSOCIATION | |||||||
| 2451 CRYSTAL DRIVE SUITE 900 | ARLINGTON | VA | 22202 | NONE | PC | PROGRAM SUPPORT | $25,000 |
| ASCENSION CATHOLIC SCHOOL | |||||||
| 601 VAN BUREN STREET | OAK PARK | IL | 60304 | NONE | PC | EDUCATION - GENERAL PROGRAM SUPPORT | $3,000 |
| FREEDOM FOUNDATION OF MINNESOTA | |||||||
| 520 NICOLLET MALL STE 510 | MINNEAPOLIS | MN | 55402 | NONE | PC | PROGRAM SUPPORT | $5,000 |
| HOLY FAMILY CATHOLIC HIGH SCHOOL | |||||||
| 5195 W 144TH AVE | BROOMFIELD | CO | 80023 | NONE | PC | EDUCATION - GENERAL PROGRAM SUPPORT | $25,000 |
| NET MINISTRIES | |||||||
| 110 CRUSADER AVE W | WEST ST PAUL | MN | 55118 | NONE | PC | PROGRAM SUPPORT | $30,000 |
| SHARING AND CARING HANDS | |||||||
| 525 N 7TH ST | MINNEAPOLIS | MN | 55405 | NONE | PC | PROGRAM SUPPORT | $2,500 |
| ST JOSEPH CATHOLIC CHURCH | |||||||
| 41 E 1ST STREET | WACONIA | MN | 55387 | NONE | PC | PROGRAM SUPPORT | $20,000 |
| ST PAUL SEMINARY | |||||||
| 2260 SUMMIT AVE | ST PAUL | MN | 55105 | NONE | PC | EDUCATION - GENERAL PROGRAM SUPPORT | $25,000 |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 200 SE OAK ST 500 | MINNEAPOLIS | MN | 55455 | NONE | PC | PROGRAM SUPPORT | $36,000 |
| UNIVERSITY OF NORTH DAKOTA FOUNDATION | |||||||
| 3501 UNIVERSITY AVE STOP 8157 | GRAND FORKS | ND | 58202 | NONE | PC | PROGRAM SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $181,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38,528 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $76,480 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$2,593 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $112,415 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $112,415 | 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 | TAX PREP FEES | CategoryTxt |
| Amt | $7,875 | Amt |
| Net Investment Income | $3,937 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,938 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (20 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS SR NOTE CPN 2.550% DUE 03/15/22 | $49,700 | $51,346 |
| GOLDMAN SACHS GROUP INC NOTE | $49,659 | $50,406 |
| MURPHY OIL CORP SR NOTE | $48,473 | $50,068 |
| ASTRAZENECA PLC SR NOTE VAR | $49,813 | $50,361 |
| JPMORGAN CHASE & CO NOTE VAR | $50,097 | $50,114 |
| BANK AMERICA CORP SR NOTE VAR | $50,041 | $50,127 |
| CARDINAL HLTH INC NOTE | $56,298 | $58,179 |
| DELTA AIR LINES INC DE NOTE | $49,125 | $49,332 |
| DISCOVER FINL SVCS SR NOTE | $52,992 | $55,522 |
| FLUOR CORP NEW SR NOTE | $49,569 | $49,381 |
| HARLEY DAVIDSON INC SR NOTE | $51,088 | $54,403 |
| MARRIOTT INTL INC NEW NOTE SER P | $50,787 | $54,141 |
| KRAFT HEINZ FOODS CO GTD SR NOTE | $50,804 | $52,214 |
| MCDONALDS CORP MEDIUM TERM NOTE | $52,377 | $57,221 |
| GOLDMAN SACHS BANK USA NEW YORK NY CD FDIC SEMI CPN 1.850% DUE 02/17/21 | $49,720 | $50,120 |
| WELLS FARGO NATL BK WEST LAS VEGAS NV CD | $74,955 | $75,233 |
| ZIONS BANCORP NA SALT LAKE CITY UT CD | $49,933 | $50,250 |
| COMENITY CAPITAL BANK SALT LAKE CITY UT CD | $49,075 | $50,456 |
| MORGAN STANLEY BANK NA SALT LAKE CITY UT CD FDIC #32992 | $199,979 | $202,828 |
| BENEFICIAL BANK PHILADELPHIA PA CD FDIC #15697 | $49,500 | $50,619 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M COMPANY | $29,644 | $30,588 |
| ALPHABET INC CL A | $55,684 | $87,632 |
| AMAZON.COM INC | $79,510 | $162,847 |
| CHEVRON CORP | $57,857 | $42,225 |
| GOLDMAN SACHS GROUP INC | $51,696 | $79,113 |
| JPMORGAN CHASE & CO | $79,801 | $101,656 |
| MICROSOFT CORP | $46,366 | $66,726 |
| SALESFORCE.COM INC | $33,300 | $44,506 |
| WELLS FARGO & CO NEW | $48,165 | $45,270 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (41 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BRIGHTHOUSE FINL INC REPSTG 1/1000TH INT NON CUML A PERPTL 6.6% | AT COST | $63,300 | $69,500 |
| BROOKFIELD PPTY REIT INC PFD SER A 6.375% | AT COST | $44,322 | $45,740 |
| COLONY CAPITAL INC NEW PERPETUAL PFD SE I 7.15% | AT COST | $154,488 | $165,200 |
| GOLDMAN SACHS GROUP INC DEP SH REPSTG 1/1000 | AT COST | $49,848 | $50,480 |
| PEOPLES UNITED FINANCIAL INC NON CUML | AT COST | $47,700 | $56,000 |
| PUBLIC STORAGE DEP SHS REPSTG 1/1000TH | AT COST | $99,480 | $108,560 |
| TWO HARBORS INVESTMENT CORP SER B FXD/VAR | AT COST | $52,100 | $47,780 |
| U S BANCORP DEP SHS REPSTG 1/1000 INT SER L | AT COST | $50,560 | $50,460 |
| WELLS FARGO & COMPANY PERPETUAL PFD | AT COST | $37,732 | $37,948 |
| FIRST TRUST NASDAQ CYBERSECURITY ETF | AT COST | $51,600 | $110,950 |
| INVESCO DWA CONSUMER CYCLICALS MOMENTUM ETF | AT COST | $37,300 | $190,175 |
| INVESCO DWA CONSUMER STAPLES MOMENTUM ETF | AT COST | $85,897 | $216,600 |
| INVESCO DWA UTILITIES MOMENTUM ETF | AT COST | $45,204 | $95,190 |
| INVESCO DYNAMIC LEISURE & | AT COST | $29,977 | $30,023 |
| ISHARES 1-5 YEAR INVESTMENT | AT COST | $165,009 | $165,510 |
| ISHARES EXPANDED TECH SOFTWARE SECTOR ETF | AT COST | $100,452 | $336,395 |
| ISHARES GLOBAL INDUSTRIALS ETF | AT COST | $27,312 | $85,384 |
| ISHARES IBOXX $INVESTMENT GRADE CORP | AT COST | $107,560 | $110,504 |
| ISHARES NASDAQ BIOTECHNOLOGY ETF | AT COST | $122,872 | $295,406 |
| ISHARES RUSSELL 1000 VALUE ETF | AT COST | $57,561 | $136,730 |
| ISHARES RUSSELL 2000 GROWTH ETF | AT COST | $114,357 | $286,700 |
| ISHARES RUSSELL MID CAP ETF | AT COST | $27,788 | $137,100 |
| ISHARES TECHNOLOGY ETF | AT COST | $76,635 | $221,208 |
| ISHARES TIPS BOND ETF | AT COST | $145,018 | $146,798 |
| ISHARES US HEALTHCARE ETF | AT COST | $86,439 | $147,546 |
| ISHARES US INDUSTRIALS ETF | AT COST | $63,814 | $116,520 |
| ISHARES U S MEDICAL DEVICES ETF | AT COST | $85,880 | $196,380 |
| PIMCO ENHANCED SHORT MATURITY ACTIVE ETF | AT COST | $152,545 | $153,060 |
| PIMCO INVESTMENT GRADE CORPORATE BOND INDEX ETF | AT COST | $46,912 | $46,830 |
| SECTOR ENERGY SELECT SECTOR SPDR ETF | AT COST | $32,400 | $37,900 |
| SECTOR FINANCIAL SELECT SECTOR SPDR ETF | AT COST | $34,989 | $117,920 |
| SECTOR MATERIALS SELECT SECTOR SPDR ETF | AT COST | $33,360 | $108,585 |
| SELECT SECTOR COMMUNICATION SERVICES SELECT SECTOR SPDR ETF | AT COST | $51,888 | $84,350 |
| SPDR S&P DEVELOPED WORLD EX US ETF | AT COST | $120,289 | $202,500 |
| SPDR SERIES TRUST S&P DIVIDEND ETF | AT COST | $94,020 | $158,895 |
| VANGUARD COMMUNICATION SERVICES ETF | AT COST | $35,657 | $84,140 |
| VANGUARD INDUSTRIALS ETF | AT COST | $16,428 | $67,996 |
| VANGUARD INFORMATION TECHNOLOGY ETF | AT COST | $29,500 | $312,043 |
| EATON VANCE TAX MANAGED DIVERSIFIED | AT COST | $48,650 | $49,000 |
| EATON VANCE TAX MANAGED GLBL DIVERSIFIED | AT COST | $51,331 | $52,620 |
| ENTROPY SOLUTIONS LLC | AT COST | $400,000 | $400,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,829 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,829 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PY ADJUSTMENT & BROKER BASIS ADJUSTMENT, NO TAX EFFECT | Desc |
| Amt | $3,230 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MISC EXPENSE | $68 | $0 | $68 |
| INVESTMENT MANAGEMENT FEE | $26,291 | $26,291 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PY ADJUSTMENT TO REPORT CORRECT TRANSFER COST BASIS OF ENTROPY SOLUTIONS | Desc |
| Amt | $360,000 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2019 EXCISE TAX | $3,528 | $0 | $0 |
| 2020 ESTIMATED PAYMENT | $5,240 | $0 | $0 |