LIBERTY FUND INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LIBERTY FUND INC (EIN 35-1320021)
- Tax period
- 2019-05-01 to 2020-04-30
- Filed
- 2020-09-14
- IRS object ID
- 202042589349100119
- Schema version
- 2019v5.1
- 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
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-14T15:31:33-05:00 | ReturnTs |
| Tax Period End | 2020-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N Illinois Street | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351320021 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Liberty Fund Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SANDRA J SCHALLER | InCareOfNm |
| Business Name Control | LIBE | BusinessNameControlTxt |
| Phone | 3178420880 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11301 N Meridian Street | AddressLine1Txt |
| City | Carmel | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46032 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA J SCHALLER | PersonNm |
| Person Title | VP & CONTROLLER | PersonTitleTxt |
| Phone | 3178420880 | PhoneNum |
| Signature | 2020-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NICOLE B FISHBACK | PreparerPersonNm |
| PTIN | P01279475 | PTIN |
| Phone | 3173834000 | PhoneNum |
| Preparation | 2020-09-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.126.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 43033020202585000144 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-09-14 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 46BF5373D547207CF7D9FE28F922B5253A4A19B9 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B77B5E581F806D9CFF6850E50A3C51F547167C74 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $364,015,112 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,561,790 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,003 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,003 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $4,003 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $10,546,037 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,546,037 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $10,546,037 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,268,190 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $85,243,685 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,268,190 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $986,290 | NetSTCapitalGainAdjNetIncmAmt |
| Incm Modifications Adj Net Incm | $2,225 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $276,538 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $274,313 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $15,656,558 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,818,230 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $11,812,868 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,569,085 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $35,467 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $35,467 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,533,618 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,563,574 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,563,574 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,766,733 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,208 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $2,208 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,764,524 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $111,980 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $11,198 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $11,198 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $100,782 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $46,790 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,275 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $4,679 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $42,111 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,837,132 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $117,333 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $117,333 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,719,799 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $595,792 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $8,937 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $8,937 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $586,855 | InterestDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,023,011 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $15,345 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $15,345 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $788,461 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,590 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $6,590 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $781,871 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,431,665 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $5,744 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $5,744 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,425,921 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $849,455 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Adj Net Incm | $273,759 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $575,696 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $379,553 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,799 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $8,799 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $370,754 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,963,231 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $214,896 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $490,059 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $15,465,505 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $35,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $35,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $16,998,231 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $214,896 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $490,059 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $15,500,505 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,341,673 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $13,603,334 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,322,809 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $115,207 | CashBOYAmt |
| Cash EOY | $563,841 | CashEOYAmt |
| Cash EOYFMV | $563,841 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $376,526 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,595,900 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,595,900 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $39,981 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $31,051 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $31,051 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $205,883,187 | CorporateStockBOYAmt |
| Corporate Stock EOY | $218,065,537 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $246,724,435 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $100,071,423 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $83,171,322 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $88,669,863 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $26,384,750 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,606,043 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $23,756,292 | LandBOYAmt |
| Land EOY | $22,778,707 | LandEOYAmt |
| Land EOYFMV | $22,778,707 | LandEOYFMVAmt |
| Other Assets BOY | $233,857 | OtherAssetsBOYAmt |
| Other Assets EOY | $249,557 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $651,315 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $330,476,473 | TotalAssetsBOYAmt |
| Total Assets EOY | $329,455,915 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $364,015,112 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $22,865,000 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $23,184,200 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $20,578 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $22,493 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $22,885,578 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,206,693 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $307,294,289 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $306,249,222 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $296,606 | DonorRstrNetAssetsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $307,590,895 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $306,249,222 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $330,476,473 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $329,455,915 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $307,590,895 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,341,673 | ExcessRevenueOverExpensesAmt |
| Subtotal | $306,249,222 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $306,249,222 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES-ST | $33,943,808 | $32,957,518 | $986,290 | $986,290 |
| PUBLICLY TRADED SECURITIES-LT | $51,300,090 | $49,018,190 | $2,281,900 | $2,281,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,268,190 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $986,290 | NetShortTermCapitalGainLossAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qlfy Und Sect4940e Reduced Tax | QlfyUndSect4940eReducedTaxGrp |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1989-02-16 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | 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 | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANDRA J SCHALLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3178420880 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11301 NORTH MERIDIAN STREET | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46032 | 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 (12 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 |
|---|---|---|---|---|---|---|---|---|
| TERRY W ANKER | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR | 3.0 | $42,000 | $410 | $0 |
| LUIS H BALL | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR | 3.0 | $42,000 | $410 | $0 |
| DOUGLAS J DEN UYL | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | VP OF EDUCATIONAL PROGRAMS | 40.0 | $292,500 | $65,119 | $0 |
| RICHARD W DUESENBERG | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR EMERITUS | 3.0 | $36,000 | $0 | $0 |
| NATHAN FELTMAN | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR, CHAIRMAN | 10.0 | $56,004 | $410 | $0 |
| MARY A O'GRADY | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR | 3.0 | $42,000 | $410 | $0 |
| EMILIO J PACHECO | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR, PRESIDENT, & CEO | 40.0 | $371,667 | $60,785 | $0 |
| BEN A RAST | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR | 3.0 | $42,000 | $410 | $0 |
| T ALAN RUSSELL | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR EMERITUS | 3.0 | $36,000 | $0 | $3,250 |
| SANDRA J SCHALLER | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | VP & CONTROLLER, SEC-TREASURER | 40.0 | $224,059 | $56,941 | $0 |
| STEPHANIE L KAUFMAN | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | ASST SECRETARY/ASST TO PRES. | 40.0 | $99,525 | $13,922 | $0 |
| DANE STARBUCK | ||||||||
| 11301 N Meridian Street | Carmel | IN | 46032 | DIRECTOR | 3.0 | $82,500 | $410 | $353 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| JAMES F COTE | ||||||||
| 11301 N MERIDIAN ST | CARMEL | IN | 46032 | DIR OF INFO SYSTEMS | 40.0 | $188,000 | $50,752 | $0 |
| HANS L EICHOLZ | ||||||||
| 11301 N MERIDIAN ST | CARMEL | IN | 46032 | SR FELLOW | 40.0 | $153,888 | $51,051 | $0 |
| STEVEN D EALY | ||||||||
| 11301 N MERIDIAN ST | CARMEL | IN | 46032 | SR FELLOW | 40.0 | $152,200 | $36,918 | $0 |
| GEORGE P LYNCH | ||||||||
| 11301 N MERIDIAN ST | CARMEL | IN | 46032 | SR FELLOW | 40.0 | $142,000 | $51,082 | $0 |
| PETER C MENTZEL | ||||||||
| 11301 N MERIDIAN ST | CARMEL | IN | 46032 | SR FELLOW | 40.0 | $142,000 | $42,563 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 31 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WARE-PAK LLC | |||||
| 2427 BOND ST | UNIVERSITY PARK | IL | 60466 | FULFILLMENT SERVICES | $105,495 |
| WALTER LEE DAVIS STUDIOS | |||||
| 7530 MOUNTAIN AVE | MELROSE PARK | PA | 19027 | CONSULTING | $91,590 |
| TMAP LLC | |||||
| 215 E 38TH STREET | INDIANAPOLIS | IN | 46205 | CONSULTING | $125,000 |
| RUSSELL ROBERTS | |||||
| 12210 DEVILWOOD DRIVE | POTOMAC | MD | 20854 | CONSULTING | $116,400 |
| FAEGRE DRINKER BIDDLE & REATH LLP | |||||
| 90 SOUTH 7TH STREET | MINNEAPOLIS | MN | 55402 | LEGAL SERVICES | $110,179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 4 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | LIBERTY FUND COLLOQUIA AND SYMPOSIUMS - SEE ATTACHMENT | Description1Txt |
| Expenses1 | $6,555,396 | Expenses1Amt |
| Description2 | LIBERTY FUND WEBSITES - SEE ATTACHMENT | Description2Txt |
| Expenses2 | $2,377,753 | Expenses2Amt |
| Description3 | LIBERTY FUND PUBLISHING - SEE ATTACHMENT | Description3Txt |
| Expenses3 | $1,936,837 | Expenses3Amt |
| Description4 | CO-SPONSORED PROGRAMS - SEE ATTACHMENT | Description4Txt |
| Expenses4 | $1,493,710 | Expenses4Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $349,584,529 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $822,394 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $651,315 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $351,058,238 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $351,058,238 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,265,874 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $345,792,364 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,289,618 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $15,500,505 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $60,210 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $15,560,715 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $15,560,715 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1989-02-16 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,322,809 | CurrentYearAmt |
| Year1 | $14,928,661 | Year1Amt |
| Year2 | $11,250,357 | Year2Amt |
| Year3 | $15,929,860 | Year3Amt |
| Total | $53,431,687 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,624,388 | CurrentYearAmt |
| Year1 | $12,689,362 | Year1Amt |
| Year2 | $9,562,803 | Year2Amt |
| Year3 | $13,540,381 | Year3Amt |
| Total | $45,416,934 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $15,560,715 | CurrentYearAmt |
| Year1 | $18,265,821 | Year1Amt |
| Year2 | $18,631,551 | Year2Amt |
| Year3 | $33,815,039 | Year3Amt |
| Total | $86,273,126 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $35,000 | CurrentYearAmt |
| Year1 | $1,010,000 | Year1Amt |
| Year2 | $30,000 | Year2Amt |
| Year3 | $1,010,000 | Year3Amt |
| Total | $2,085,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $15,525,715 | CurrentYearAmt |
| Year1 | $17,255,821 | Year1Amt |
| Year2 | $18,601,551 | Year2Amt |
| Year3 | $32,805,039 | Year3Amt |
| Total | $84,188,126 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $364,015,112 | CurrentYearAmt |
| Year1 | $378,080,911 | Year1Amt |
| Year2 | $376,362,796 | Year2Amt |
| Year3 | $361,025,645 | Year3Amt |
| Total | $1,479,484,464 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,526,412 | CurrentYearAmt |
| Year1 | $11,395,858 | Year1Amt |
| Year2 | $11,561,022 | Year2Amt |
| Year3 | $10,619,907 | Year3Amt |
| Total | $45,103,199 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PUBLIC CHOICE SOCIETY | |||||||
| 224C FORSYTH COLLEGE OF BUSINESS | CULLOWHEE | NC | 28723 | NONE | PC | SPONSOR CONFERENCE SESSION | $10,000 |
| UC REGENTS | |||||||
| 900 UNIVERSITY AVE EAST | RIVERSIDE | CA | 92521 | NONE | PC | DEMSETZ CONFERENCE | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $35,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,003 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,546,037 | 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 | $3,268,190 | 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 (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| BOOK AND FILM SALES | $273,759 | ||
| OTHER INCOME | 01 | $554 | |
| GRANT RETURNED | 01 | $2,225 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $13,821,009 | ExclusionAmt |
| Related Or Exempt Function Incm | $273,759 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,094,768 | 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 | 11B | LineNumberTxt |
| Relationship Statement | INCOME CONTRIBUTES IMPORTANTLY TO THE CONTINUED PUBLICATION OF WRITINGS OF CLASSIC THINKERS AS WELL AS CURRENT WRITINGS DEEMED UNPROFITABLE BY COMMERCIAL PUBLISHERS AND TO PROMOTE THE STUDY OF LIBERTY AND PERSONAL RESPONSIBILITY. | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| JOHN TEMPLETON FOUNDATION | ||||||
| 1 | 300 CONSHOHOCKEN STATE ROAD STE 5 | WEST CONSHOHOCKEN | PA | 19428 | $929,331 | Yes (X) |
| Pierre F and Enid Goodrich Foundati | ||||||
| 2 | 11301 N Meridian Street | Carmel | IN | 46032 | $630,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT & TAX PREPARATION FEES | CategoryTxt |
| Amt | $46,790 | Amt |
| Net Investment Income | $3,275 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,679 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $42,111 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANE STARBUCK | PersonNm |
| Short Explanation | $40,500 OF COMPENSATION ABOVE IS FOR WORK ON A BOOK TO DOCUMENT THE HISTORY OF LIBERTY FUND AND IS SEPARATE FROM HIS COMPENSATION AS A DIRECTOR. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| DEPRECIATION DISCLOSURE | DEPRECIATION DISCLOSURE | PART I, LINE 19 AND PART II, LINE 14: LIBERTY FUND, INC. E.I. #35-1320021 A STATEMENT ATTACHED TO AND MADE PART OF U.S. PRIVATE FOUNDATION INCOME TAX RETURN FOR THE YEAR ENDED APRIL 30, 2020 PART I, LINE 19 - DEPRECIATION PART II, LINE 14 - LAND, BUILDINGS, AND EQUIPMENT LAND: 3,844,298 LAND IMPROVEMENTS: 2,115,099 OFFICE FURNITURE: 2,889,722 EQUIPMENT AND OTHER: 128,809 BUILDING: 17,406,822 LESS: ACCUMULATED DEPRECIATION: (3,606,043) ----------- NET FIXED ASSETS: 22,778,707 DEPRECIATION EXPENSE: 1,023,011 DEPRECIATION CALCULATED USING THE STRAIGHT-LINE METHOD. |
| PART IX-A | PART IX-A | LIBERTY FUND COLLOQUIA AND SYMPOSIUMS 65 COLLOQUIM AND SYMPOSIUMS WERE DEVELOPED AND CONDUCTED IN THE UNITED STATES, CANADA, LATIN AMERICA, AND EUROPE. COLLOQUIUM AND SYMPOSIUMS ARE TO FOSTER THOUGHT AND ENCOURAGE DISCOURSE ON ENDURING ISSUES PERTAINING TO LIBERTY. LIBERTY FUND WEBSITES THE LIBRARY OF THE CLASSICS OF LIBERTY - HTTP://OLL.LIBERTYFUND.ORG - IS A WEBSITE DEDICATED TO MAKING THE CLASSIC TEXTS WHICH CONTRIBUTED TO OUR MODERN UNDERSTANDING OF THE NATURE OF LIMITED GOVERNMENT, INDIVIDUAL LIBERTY, AND THE FREE MARKET MORE ACCESSIBLE TO SCHOLARS, STUDENTS AND OTHER INTERESTED INDIVIDUALS. THE LIBRARY OF ECONOMICS AND LIBERTY - WWW.ECONLIB.ORG - IS A WEBSITE DEDICATED TO ADVANCING THE STUDY OF ECONOMICS, MARKETS, AND LIBERTY. THE LIBRARY OF LAW AND LIBERTY - WWW.LAWLIBERTY.ORG - IS A WEBSITE DEDICATED TO THE CONTENT, STATUS, AND DEVELOPMENT OF LAW IN THE CONTEXT OF REPUBLICAN AND LIMITED GOVERNMENT AND THE WAYS THAT LIBERTY AND LAW MUTUALLY REINFORCE THE OTHER. ADAMSMITHWORKS.ORG IS A WEBSITE FOCUSING ON THE WORKS OF ADAM SMITH. THE ADAMSMITHWORKS WEBSITE IS MADE POSSIBLE THROUGH THE SUPPORT OF A GRANT FROM THE JOHN TEMPLETON FOUNDATION. THE OPINIONS EXPRESSED ON THIS WEBSITE ARE THOSE OF THE AUTHOR(S) AND DO NOT NECESSARILY REFLECT THE VIEWS OF THE JOHN TEMPLETON FOUNDATION. CO-SPONSORED PROGRAMS LIBERTY FUND ADMINISTERED CO-SPONSORED PROGRAMS WITH ELEVEN OTHER NON-PROFIT ORGANIZATIONS WITH SIMILAR EDUCATIONAL AND PUBLIC PURPOSES. LIBERTY FUND AND THE CO-SPONSORS HAVE JOINT OR SHARED RESPONSIBILITIES OVER PLANNING, DEVELOPING, COORDINATING, CONDUCTING, AND EVALUATING THE CONFERENCE PROGRAMS HELD. AS WITH THE LIBERTY FUND COLLOQUIA AND SYMPOSIUMS, THE CO-SPONSORED PROGRAMS ARE TO FOSTER THOUGHT AND ENCOURAGE DISCOURSE ON ENDURING ISSUES PERTAINING TO LIBERTY. LIBERTY FUND PUBLISHING LIBERTY FUND PUBLISHED FOUR NEW TITLES AND CONDUCTED EDITORIAL WORK ON OTHER UPCOMING PUBLICATIONS. THIRTY-SEVEN REPRINTS OF OUR PREVIOUSLY PUBLISHED WORKS WERE REPRODUCED. TITLES SELECTED FOR PUBLISHING ARE THOSE THAT WILL PRESERVE THE WISDOM AND LEARNING OF THE AGES, AND STRENGTHEN, IN PARTICULAR, THE UNDERSTANDING AND APPRECIATION OF INDIVIDUAL LIBERTY AND RESPONSIBILITY. TITLES INCLUDE CLASSICS IN THE FIELDS OF HISTORY, POLITICS, PHILOSOPHY, LAW, EDUCATION, AND ECONOMICS. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MUTUAL FUNDS - BONDS | BondNm |
| EOY Book Value | $83,171,322 | EOYBookValueAmt |
| EOYFMV | $88,669,863 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MUTUAL FUNDS - INTERNATIONAL | $92,212,335 | $95,043,246 |
| MUTUAL FUNDS - DOMESTIC | $125,853,202 | $151,681,189 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL CONSULTING FEES | CategoryTxt |
| Legal Fees | $111,980 | LegalFeesAmt |
| Net Investment Income | $11,198 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,198 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $100,782 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART COLLECTION | Desc |
| BOY Book Value | $233,857 | BOYBookValueAmt |
| EOY Book Value | $249,557 | EOYBookValueAmt |
| EOYFMV | $651,315 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE | $140,490 | $176 | $176 | $140,314 |
| ADMINISTRATIVE EXPENSES | $122,558 | $122,558 | ||
| EQUIPMENT LEASING | $14,732 | $221 | $221 | $14,511 |
| EDUCATIONAL MATERIALS | $83,802 | $8,380 | $8,380 | $75,422 |
| MISCELLANEOUS EXPENSES | $17,971 | $22 | $22 | $17,949 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| BOOK AND FILM SALES | $273,759 | $273,759 |
| OTHER INCOME | $554 | $554 |
| GRANT RETURNED | $2,225 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $116,893 | $116,893 | $116,893 | |
| CONFERENCE & PROGRAM FEES | $1,408,129 | $1,408,129 | ||
| WEBSITE DEVELOPMENT FEES | $960,334 | $960,334 | ||
| OTHER PROFESSIONAL FEES | $351,776 | $440 | $440 | $351,336 |