CHARLES E FAHRNEY EDUCATION FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES E FAHRNEY EDUCATION FOUNDATION (EIN 42-6295370)
- Tax period
- 2020-03-01 to 2021-02-28
- Filed
- 2021-07-02
- IRS object ID
- 202141839349100904
- 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 Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-02T10:00:39-05:00 | ReturnTs |
| Tax Period End | 2021-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 GRANT STREET | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 426295370 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAHRNEY EDUCATION FDTN TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FAHR | BusinessNameControlTxt |
| Phone | 6416832045 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK N A BY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6416832045 | PhoneNum |
| Signature | 2021-06-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALLISON J VALENTY | PreparerPersonNm |
| PTIN | P00963824 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2021-06-30 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 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 | $5,302,972 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $113,197 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $113,197 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $61,236 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,353,610 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $61,236 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $11,662 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $412 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $186,095 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $174,845 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $54,942 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,452 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $18,491 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $750 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,206 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,822 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $4,220 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $70 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,150 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $66,118 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $38,344 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $23,391 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $248,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $248,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $314,868 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $38,344 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $272,141 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$128,773 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $136,501 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1,560 | CashEOYAmt |
| Cash EOYFMV | $1,560 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $27,805 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $57,847 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $57,847 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $2,783,597 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,233,494 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,233,494 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $931,127 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,145,864 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,145,864 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $940,581 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,864,207 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,864,207 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,683,110 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,302,972 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,302,972 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,683,110 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,302,972 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,683,110 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,302,972 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,683,110 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,302,972 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,683,110 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$128,773 | ExcessRevenueOverExpensesAmt |
| Other Increases | $748,635 | OtherIncreasesAmt |
| Subtotal | $5,302,972 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,302,972 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (38 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 6561.68 BAIRD AGGREGATE BOND FD INSTL | 2014-09-30 | 2020-03-13 | $74,475 | $70,210 | $4,265 | $4,265 | |
| 3149.606 FEDERATED INST HI YLD BD FD | 2020-03-13 | $28,063 | $30,844 | -$2,781 | -$2,781 | ||
| 700. ISHARES CORE MSCI EMERGING MKTS ETF | 2015-09-24 | 2020-03-13 | $29,182 | $27,385 | $1,797 | $1,797 | |
| 800. ISHARES CORE MSCI EMERGING MKTS ETF | 2015-09-24 | 2020-03-27 | $32,047 | $31,297 | $750 | $750 | |
| 900. ISHARES CORE MSCI EMERGING MKTS ETF | 2015-09-24 | 2020-04-06 | $37,084 | $35,210 | $1,874 | $1,874 | |
| 910. ISHARES CORE MSCI EMERGING MKTS ETF | 2020-04-07 | $37,901 | $32,007 | $5,894 | $5,894 | ||
| 45641.993 BLACK ROCK INTERNAYIONAL INDEX FUND | 2020-04-09 | $504,344 | $504,578 | -$234 | -$234 | ||
| 290. ISHARES CORE MSCI EMERGING MKTS ETF | 2016-01-21 | 2020-04-09 | $12,203 | $10,150 | $2,053 | $2,053 | |
| 1200. ISHARES CORE MSCI EMERGING MKTS ETF | 2016-01-21 | 2020-04-13 | $50,447 | $42,000 | $8,447 | $8,447 | |
| 800. ISHARES CORE MSCI EMERGING MKTS ETF | 2016-01-21 | 2020-04-14 | $34,347 | $28,000 | $6,347 | $6,347 | |
| 597.969 VANGUARD TOTAL STOCK MKT INDEX FD | 2019-05-15 | 2020-05-21 | $43,293 | $42,468 | $825 | $825 | |
| 1460.209 VANGUARD TOTAL STOCK MKT INDEX FD | 2020-01-17 | 2020-05-21 | $105,719 | $120,000 | -$14,281 | -$14,281 | |
| 1314.061 FIDELITY INTERNATIONAL INDEX FUND | 2020-06-25 | $50,591 | $45,408 | $5,183 | $5,183 | ||
| 2008.032 FIDELITY EMERGING MARKETS INDEX FUND | 2020-01-17 | 2020-06-25 | $20,080 | $22,691 | -$2,611 | -$2,611 | |
| 200.347 VANGUARD TOTAL STOCK MKT INDEX FD | 2019-06-18 | 2020-06-25 | $15,178 | $14,507 | $671 | $671 | |
| 175.778 VANGUARD MID CAP INDEX-ADM | 2019-05-15 | 2020-10-22 | $40,346 | $35,233 | $5,113 | $5,113 | |
| 1408.284 VANGUARD TOTAL STOCK MKT INDEX FD | 2020-10-22 | $120,774 | $102,032 | $18,742 | $18,742 | ||
| 3731.343 DOUBLELINE TOTAL RET BD I | 2019-05-15 | 2020-10-27 | $40,037 | $39,440 | $597 | $597 | |
| 828.599 VANGUARD TOTAL STOCK MKT INDEX FD | 2020-10-27 | $69,760 | $58,914 | $10,846 | $10,846 | ||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P | |||||
| CAPITAL GAIN DIVIDENDS | $7,739 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $61,236 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,897 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,897 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,897 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,192 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,192 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $295 | OverpaymentAmt |
| Applied To ES Tax | $295 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | U S BANK NA | BusinessNameLine1Txt |
| Business Name Line2 | OM-IA-1313 | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5152456235 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 EAST THIRD ST | AddressLine1Txt |
| City | OTTUMWA | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 525018003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK N A | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 E THIRD ST | AddressLine1Txt |
| City | OTTUMWA IA | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 525018003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $54,942 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,805,184 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $56,656 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,861,840 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,861,840 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $72,928 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,788,912 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $239,446 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $239,446 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,897 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,897 | TotalTaxAmt |
| Distributable Before Adj | $237,549 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $11,250 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $248,799 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $248,799 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $272,141 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $272,141 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $272,141 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $248,799 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $16,229 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,543 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $63,362 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $30,408 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $113,542 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $272,141 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $248,799 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $23,342 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $136,884 | 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 | $136,884 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $16,229 | ExcessFromYear4Amt |
| Excess From Year3 | $3,543 | ExcessFromYear3Amt |
| Excess From Year2 | $63,362 | ExcessFromYear2Amt |
| Excess From Year1 | $30,408 | ExcessFromYear1Amt |
| Excess From Current Year | $23,342 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | U S BANK N A TRUST DEPARTMENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 E THIRD ST | AddressLine1Txt |
| City | OTTUMWA | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 525018003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6416832053 | RecipientPhoneNum |
| Form And Info And Materials | COMPLETE A SCHOLARSHIP APPLICATION FORM. E-MAIL REQUEST TO: TERESA.LAWSON@USBANK.COM. INCLUDE AN OFFICIAL HIGH SCHOOL OR COLLEGE/UNIVERSITY TRANSCRIPT, ALONG WITH A SIGNED PERSONAL LETTER. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ANNUALLY NO LATER THAN FEBRUARY 15TH | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED FOOTNOTE FOR RESTRICTIONS OF LIMITATIONS ON AWARDS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| UNIVERSITY OF IOWA | |||||||
| 107 CALVIN HALL | IOWA CITY | IA | 52245 | NONE | I | SCHOLARSHIP | $71,250 |
| INDIAN HILLS COMMUNITY COLLEGE | |||||||
| 525 GRANDVIEW AVE | OTTUMWA | IA | 52501 | NONE | I | SCHOLARSHIPS | $17,500 |
| IOWA STATE UNIVERSITY | |||||||
| 0210 BEARDSHEAR HALL | AMES | IA | 50011 | NONE | I | SCHOLARSHIP | $37,500 |
| GRAND VIEW UNIVERSITY | |||||||
| 1200 GRANDVIEW AVE | DES MOINES | IA | 50316 | NONE | I | SCHOLARSHIPS | $10,000 |
| WILLIAM PENN UNIVERSITY | |||||||
| 201 TRUEBLOOD AVE | OSKALOOSA | IA | 52577 | NONE | I | SCHOLARSHIPS | $17,500 |
| COE COLLEGE | |||||||
| 1220 1ST AVE NE | CEDAR RAPIDS | IA | 52402 | NONE | I | SCHOLARSHIPS | $15,000 |
| CORNELL COLLEGE | |||||||
| 600 FIRST STREET SW | MOUNT VERNON | IA | 52314 | NONE | I | SCHOLARSHIPS | $2,500 |
| GRINNELL COLLEGE | |||||||
| 1103 PARK ST | GRINNELL | IA | 50112 | NONE | I | SCHOLARSHIPS | $2,500 |
| WARTBURG COLLEGE | |||||||
| 100 WARTBURG BLVD | WAVERLY | IA | 50677 | NONE | I | SCHOLARSHIP | $1,250 |
| UNIVERSITY OF NORTHERN IOWA | |||||||
| 105 GILCHRIST HALL | CEDAR FALLS | IA | 50614 | NONE | I | SCHOLARSHIPS | $13,750 |
| ST AMBROSE UNIVERSITY | |||||||
| 518 W LOCUST ST | DAVENPORT | IA | 52803 | NONE | I | SCHOLARSHIP | $7,500 |
| SIMPSON COLLEGE | |||||||
| 701 N C ST | INDIANOLA | IA | 50125 | NONE | I | SCHOLARSHIPS | $13,750 |
| CENTRAL COLLEGE | |||||||
| 812 UNIVERSITY ST | PELLA | IA | 50219 | NONE | I | SCHOLARSHIPS | $16,250 |
| DRAKE UNIVERSITY | |||||||
| 2507 UNIVERSITY AVE | DES MOINES | IA | 50311 | NONE | I | SCHOLARSHIPS | $5,000 |
| MOUNT MERCY UNIVERSITY | |||||||
| 1330 ELMHURST DR NE | CEDAR RAPIDS | IA | 52402 | NONE | I | SCHOLARSHIPS | $5,000 |
| IOWA WESLEYAN UNIVERSITY | |||||||
| 601 N MAIN ST | MT PLEASANT | IA | 52641 | NONE | I | SCHOLARSHIPS | $5,000 |
| BRIAR CLIFF UNIVERSITY | |||||||
| 3303 REBECCA STREET | SIOUX CITY | IA | 51104 | NONE | I | SCHOLARSHIPS | $2,500 |
| FAITH BAPTIST BIBLE COLLEGE | |||||||
| 1900 NW 4TH ST | ANKENY | IA | 50023 | NONE | I | SCHOLARSHIPS | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $248,750 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $113,197 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $61,236 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| ROYALTY INCOME | 1 | $412 |
| GRANT RECOVERY | 1 | $11,250 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $186,095 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $186,095 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | 0 | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $750 | Amt |
| Disbursements Charitable Prps | $750 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 31420B300 FEDERATED INST HI YL | $210,213 | $210,213 |
| 057071854 BAIRD AGGREGATE BOND | $935,651 | $935,651 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 46434G103 ISHARES CORE MSCI EM | ||
| 09253F408 ISHARES MSCI EAFE IN | ||
| 670678507 NUVEEN REAL ESTATE S | $159,359 | $159,359 |
| 922908728 VANGUARD TOTAL STOCK | $2,074,135 | $2,074,135 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 99MIN0764 VARIOUS MINERAL INTE | AT COST | $922 | $922 |
| 258620103 DOUBLELINE TOTAL RET | AT COST | $380,454 | $380,454 |
| 72369L107 PIONEER ILS INTERVAL | AT COST | $149,033 | $149,033 |
| 922908645 VANGUARD MID-CAP IND | AT COST | $294,635 | $294,635 |
| 316146331 FIDELITY EMERGING MA | AT COST | $369,622 | $369,622 |
| 315911727 FIDELITY INTERNATION | AT COST | $669,541 | $669,541 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ROYALTY EXPENSE | $70 | $70 | $0 |
| OTHER MISC EXPENSES | $4,150 | $0 | $4,150 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ROYALTY INCOME | $412 | $412 |
| GRANT RECOVERY | $11,250 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON SECURITIES | Desc |
| Amt | $748,635 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | $2,192 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $2,192 | $0 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $1,822 | $1,822 | $0 |