WISE FAM FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WISE FAM FOUNDATION (EIN 65-6374303)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-07-29
- IRS object ID
- 202142109349100604
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Amortization Schedule
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- Investments Land Schedule2
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-29T08:19:48-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 562602228 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROFESSIONAL ADVISORY GROUP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13240 EVENING CREEK DR S STE 312 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92128 | 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 | 656374303 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wise Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WISE | BusinessNameControlTxt |
| Phone | 2394306240 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4309 Crayton Road | AddressLine1Txt |
| City | Naples | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Murray R Wise | PersonNm |
| Person Title | Pres & Chairman | PersonTitleTxt |
| Signature | 2021-07-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Murray R | PersonFirstNm |
| Person Last | Wise | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jerry C Dressel | PreparerPersonNm |
| PTIN | P00962640 | PTIN |
| Phone | 8589222821 | PhoneNum |
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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $4,602,747 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $200,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $738 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $738 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $738 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $46,424 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $46,424 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $46,424 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $25,370 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $34,941 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $123,558 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $34,941 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $88,571 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,321 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $8,321 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $370,674 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $90,424 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $55,483 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $7,546 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,773 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $3,773 | AccountingFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | -$5,665 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $741 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | -$6,406 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $24,730 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $13,394 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $13,394 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $75,231 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,612 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $25 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $101,842 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,520 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $10,786 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $169,755 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $169,755 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $271,597 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,520 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $10,786 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $169,755 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $99,077 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $59,904 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $44,697 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $26,740 | CashBOYAmt |
| Cash EOY | $29,835 | CashEOYAmt |
| Cash EOYFMV | $26,373 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $687,671 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $772,261 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $136,863 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $46,456 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $20,700 | CorporateBondsBOYAmt |
| Invst Land Cost Or Other Basis | $3,523,581 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $184,932 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $3,363,379 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $3,338,649 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $3,686,201 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $233,745 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $76,245 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $233,745 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $182,457 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $133,078 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $41,310 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $475,854 | OtherAssetsBOYAmt |
| Other Assets EOY | $475,756 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $478,255 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,037,002 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,825,824 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,602,747 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $1,320,653 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $1,010,398 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $1,320,653 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,010,398 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,716,349 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,815,426 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,716,349 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,815,426 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,037,002 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,825,824 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,716,349 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $99,077 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,815,426 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,815,426 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 5 Amazon.com Inc | P | 2018-08-30 | 2020-06-23 | $13,868 | $9,954 | $3,914 | $3,914 |
| 20000 HCA Healthcare | P | 2003-08-01 | 2020-12-09 | $23,090 | $20,202 | $2,888 | $2,888 |
| 6 Farmers and Merchants Bank | P | 2003-08-01 | 2020-12-31 | $39,600 | $14,635 | $24,965 | $24,965 |
| 20 LAACO Ltd Unit | P | 2003-08-01 | 2020-12-30 | $47,000 | $43,826 | $3,174 | $3,174 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $34,941 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $833 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $833 | SubtotalAmt |
| Tax Based On Investment Income | $833 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $500 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $500 | TotalPaymentsAndCreditsAmt |
| Tax Due | $333 | TaxDueAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | 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 | Murray Wise | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2394306240 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4309 Crayton Road | AddressLine1Txt |
| City | Naples | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34103 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Murray R Wise | ||||||
| 4309 Crayton Road | Naples | FL | 34103 | Pres & Chairman | 1.00 | $0 |
| Valerie G Wise | ||||||
| 4309 Crayton Road | naples | FL | 34103 | VP & Director | 0.00 | $0 |
| Melissa Steed | ||||||
| 5009 SW 2nd Ave | Ocala | FL | 34471 | Director | 0.00 | $0 |
| John B Kirkpatrick | ||||||
| PO Box 537 | Clarion | IA | 50525 | Director | 0.00 | $0 |
| Jason Wise | ||||||
| 915 NE Patchin Lane | Ankeny | IA | 50021 | Director | 0.00 | $0 |
| Alex Anderson | ||||||
| 368 Hawser Lane | Naples | FL | 34102 | Director | 0.00 | $0 |
| William Carlson | ||||||
| 702 Cherry Tree Lane | South Bend | IN | 46617 | Director | 0.00 | $0 |
| Julie Barre | ||||||
| 3 Margory Court | Novato | CA | 94947 | Director | 0.00 | $0 |
| Jamie Knight | ||||||
| 490 Nottingham Dr | Naples | FL | 34109 | Sec/Treasurer | 2.00 | $0 |
| Jeff Wright | ||||||
| 305 NE Third Street | Deeland | IL | 61839 | Director | 0.00 | $0 |
| Kevin Hart | ||||||
| 16726 Pine Ridge Pass | Leo | IN | 46765 | Director | 0.00 | $0 |
| Jason Klingaman | ||||||
| 828 Lydia Drive | Warsaw | IN | 46582 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | $833 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $833 | TotalTaxAmt |
| Distributable Before Adj | $833 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $833 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $169,755 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $169,755 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $169,755 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $40,874 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $40,874 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $169,755 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $169,755 | RemainingDistriFromCorpusAmt |
| Total Corpus | $210,629 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $210,629 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $40,874 | ExcessFromYear1Amt |
| Excess From Current Year | $169,755 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Murray R Wise | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Iowa State University | |||||||
| PO Box 2230 | Ames | IA | 50010 | None | Educ Inst | To fund scholarships for students selected by University,campus renovations, football team support, Building Fund, etc. | $150,000 |
| Robert Locke Scholarship No IA Comm | |||||||
| 500 College Drive | Mason City | IA | 50401 | None | Educ Inst | Fund scholarships for students selected by University. | $4,000 |
| Parkland College Foundation | |||||||
| 2400 West Bradley Avenue | Champaign | IL | 61821 | None | Educ inst | To fund scholarships for college students | $14,755 |
| UIFFriends of Will | |||||||
| 300 North Goodwin Avenue | Urbana | IL | 61801 | None | NC | General Giving | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $169,755 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $738 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531190 | BusinessCd |
| Unrelated Business Taxbl Incm | $6,320 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $3,806 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $25,370 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $34,941 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Laaco Net K-1 Income | 1 | $3,467 |
| RJ Obrien Comodity invest | 1 | |
| Stark Bank K-1 Net Income | 1 | $4,854 |
| USA Main 1 LLC | 1 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $6,320 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $33,691 | ExclusionAmt |
| Related Or Exempt Function Incm | $39,485 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $79,496 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Murray R Wise | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4309 Crayton Road | AddressLine1Txt |
| City | Naples | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $200,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting & Tax preparation | CategoryTxt |
| Amt | $7,546 | Amt |
| Net Investment Income | $3,773 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,773 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | Loan Fees - Met Life | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2018-01-23 | AcquiredCompletedOrExpendedDt |
| Amortized | $2,813 | AmortizedAmt |
| Deduction For Prior Years | $270 | DeductionForPriorYearsAmt |
| Amortization Period | 20.0000 | AmortizationPeriodRt |
| Current Year Amortization | $141 | CurrentYearAmortizationAmt |
| Total Amortization | $411 | TotalAmortizationAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | Cash needed to fund grants and contributions approximating 2019 cash distributions | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| Humboldt 80 Tile | 2008-03-01 | $40,000 | $31,559 | SL | 15.0000 | $2,667 | $2,667 | $2,667 |
| Humboldt 80 Tile | 2010-06-30 | $34,521 | $21,860 | SL | 15.0000 | $2,301 | $2,301 | $2,301 |
| Kossuth 80 Tile | 2008-03-01 | $45,000 | $35,333 | SL | 15.0000 | $3,000 | $3,000 | $3,000 |
| Kossuth 80 Tile | 2012-12-13 | $50,969 | $24,069 | SL | 15.0000 | $3,398 | $3,398 | $3,398 |
| Douglas 16 Tile | 2012-12-14 | $8,500 | $4,016 | SL | 15.0000 | $567 | $567 | $567 |
| Humboldt 80 Tile | 2015-10-20 | $21,919 | $6,088 | SL | 15.0000 | $1,461 | $1,461 | $1,461 |
| Macon Tile | 2018-11-19 | $170,040 | $12,281 | SL | 15.0000 | $11,336 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Improvements | $395,945 | $184,932 | $211,013 | $395,945 |
| Land | $3,127,636 | $3,127,636 | $3,290,256 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $1,010,398 | MortgageAmt |
Note Payable NotePayableGrp (2 entries)
| Balance DueBalanceDueAmt |
|---|
| First Citizens Bank |
| $618,280 |
| Metropolitan Life Insurance Co |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CSV Life Insurance | $473,311 | $473,311 | $475,713 |
| Net Intangible Assets | $2,543 | $2,445 | $2,542 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Amortization | $141 | ||
| Filing Fees | $25 | $25 | |
| Insurance premiums | $4,952 | $4,952 | |
| Rental Expenses | $70,113 | $7,660 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Laaco Net K-1 Income | $3,467 | $3,467 | $3,467 |
| Rental Income - Noninvestment Property | $80,250 | ||
| Stark Bank K-1 Net Income | $4,854 | $4,854 | $4,854 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Federal tax payments | $7,247 | -$7,247 | |
| Illinois State Taxes | $100 | $100 | |
| Investment Lots Property Taxes | $1,482 | $741 | $741 |