GLENN E AND AILEEN F BARNETT SCHOLARSHIP TR: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GLENN E AND AILEEN F BARNETT SCHOLARSHIP TR (EIN 36-7432274)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-02
- IRS object ID
- 202143069349100609
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-02T10:40:57-04:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT J DIEMER CPA CFP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1178 | AddressLine1Txt |
| City | PORTAGE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49081 | 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 | 367432274 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLENN&AILEEN BARNETT SCHOLARSHIP TR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLEN | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CENTURY BANK AN TRUST 100 W CHICAGO | AddressLine1Txt |
| City | COLDWATER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALICIA COLE | PersonNm |
| Person Title | T.O. | PersonTitleTxt |
| Signature | 2021-10-27 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ALICIA | PersonFirstNm |
| Person Last | COLE | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT J DIEMER | PreparerPersonNm |
| PTIN | P00115231 | PTIN |
| Phone | 2693271158 | PhoneNum |
| Preparation | 2021-01-26 | PreparationDt |
| 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 | $367,180 | 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 | $27 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $27 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,780 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,780 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,799 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $98,600 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,799 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $14,606 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,606 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $2,938 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $2,938 | CompOfcrDirTrstNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $975 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $73 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $73 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $3,986 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,986 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $16,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $16,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $20,486 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,986 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,880 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,620 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,565 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,862 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,862 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $10,279 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $10,279 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $12,765 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $174,688 | CorporateStockBOYAmt |
| Corporate Stock EOY | $175,065 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $244,518 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $106,421 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $98,887 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $102,035 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $297,953 | TotalAssetsBOYAmt |
| Total Assets EOY | $292,093 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $367,180 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Capital Stock BOY | $297,953 | CapitalStockBOYAmt |
| Capital Stock EOY | $292,093 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $297,953 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $292,093 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $297,953 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $292,093 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $297,953 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,880 | ExcessRevenueOverExpensesAmt |
| Other Increases | $20 | OtherIncreasesAmt |
| Subtotal | $292,093 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $292,093 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| CAPITAL GAIN DISTRIBUTION | P | 2019-01-01 | 2020-12-31 | $4,494 | $4,494 | $4,494 | |
| COMMON STOCKS | P | 2019-01-01 | 2020-12-31 | $98,600 | $3,305 | $3,305 | $95,295 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,799 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $148 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $148 | SubtotalAmt |
| Tax Based On Investment Income | $148 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $148 | 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 | 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 | MI | 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 | false | ComplyWithPublicInspRqrInd |
| Individual With Books | CENTURY BANK AND TRUST | IndividualWithBooksNm |
| Phone | 5172797311 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO ST | AddressLine1Txt |
| City | COLDWATER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49036 | 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 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CENTURY BANK AND TRUST | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO ST | AddressLine1Txt |
| City | COLDWATER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $2,938 | CompensationAmt |
| 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 | $355,266 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,214 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $362,480 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $362,480 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,437 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $357,043 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,852 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $17,852 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $148 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $148 | TotalTaxAmt |
| Distributable Before Adj | $17,704 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $17,704 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $17,704 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $16,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $106 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $16,394 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $17,704 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $45 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $558 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $999 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,602 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $16,500 | QualifyingDistributionsAmt |
| Applied To Current Year | $16,500 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $1,204 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,204 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $398 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $398 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $398 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRINE UNIVERSITY | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 UNIVERSITY AVE | AddressLine1Txt |
| City | ANGOLA | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $16,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $16,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $27 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $6,780 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $5,754 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $12,561 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,561 | 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 | 3,4,8 | LineNumberTxt |
| Relationship Statement | ALL INCOME DISTRIBUTED TO TRINE UNIVERSITY | RelationshipStatementTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $975 | Amt |
| Net Investment Income | $975 | NetInvestmentIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $98,887 | EOYBookValueAmt |
| EOYFMV | $102,035 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCKS | StockNm |
| EOY Book Value | $175,065 | EOYBookValueAmt |
| EOYFMV | $244,518 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $10,279 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $12,765 | USGovtObligationsEOYFMVAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE | CategoryTxt |
| Amt | $73 | Amt |
| Net Investment Income | $73 | NetInvestmentIncomeAmt |