HOMER I & PERSEPHONE B WATTS MEMORIAL TR: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- HOMER I & PERSEPHONE B WATTS MEMORIAL TR (EIN 93-6082689)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2019-11-03
- IRS object ID
- 201923079349100252
- Schema version
- 2018v3.0
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-03T09:00:22-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | 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 | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 936082689 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMER IP B WATTS MEMORIAL TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WATT | BusinessNameControlTxt |
| Phone | 5034643580 | 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 | 5034643580 | PhoneNum |
| Signature | 2019-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH J CASTRIANO | PreparerPersonNm |
| PTIN | P01251603 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2019-10-21 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.125.77 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 57623ED0AE1821D5CE0A508C54E4C9AF0C12734B | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2C6337963F461FDCFC5940EA502E7ACF630D46DB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $696,778 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $17,411 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,411 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $38,820 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $356,118 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $38,820 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,066 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $57,297 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $56,231 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $11,086 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $9,978 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,109 | 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 | $1,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,440 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $162 | 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 | $112 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $112 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,138 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,140 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,721 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $37,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $37,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,638 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,140 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $40,221 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,659 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $46,091 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $13,204 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $22,922 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $22,922 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $362,161 | CorporateStockBOYAmt |
| Corporate Stock EOY | $365,094 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $439,390 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $241,001 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $221,373 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $221,406 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $12,635 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,060 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $616,366 | TotalAssetsBOYAmt |
| Total Assets EOY | $622,024 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $696,778 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $616,366 | CapitalStockBOYAmt |
| Capital Stock EOY | $622,024 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $616,366 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $622,024 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $616,366 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $622,024 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $616,366 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,659 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $622,025 | SubtotalAmt |
| Other Decreases | $1 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $622,024 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (19 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 1853.688 ABERDEEN FDS EMRGN | 2018-07-24 | $27,286 | $26,626 | $660 | $660 | ||
| 3112.112 AMER CENT DIVERSIFI BOND INS | 2018-07-24 | $32,304 | $34,345 | -$2,041 | -$2,041 | ||
| 1573.744 CARILLON SCOUT INTERNATIONAL CL I | 2018-07-24 | $33,615 | $49,502 | -$15,887 | -$15,887 | ||
| 3319.521 COLUMBIA INCOME FD CL Z | 2018-07-24 | $32,730 | $34,786 | -$2,056 | -$2,056 | ||
| 450.438 DRIEHAUS ACTIVE INCOME FUND | 2018-07-24 | $4,378 | $4,567 | -$189 | -$189 | 2017-02-16 | |
| 149.662 AMERICAN EUROPACIFIC GRTH F2 | 2018-07-24 | $8,133 | $5,858 | $2,275 | $2,275 | 2012-04-26 | |
| 223. MFC ISHARES TR MSCI EAFE INDEX FD | 2018-07-24 | $15,268 | $13,195 | $2,073 | $2,073 | 2015-12-23 | |
| 315. ISHARES IBOXX HIGH YIELD ETF | 2018-07-24 | $26,990 | $27,171 | -$181 | -$181 | 2017-03-22 | |
| 1310.316 NUVEEN SANTA BARBARA DIV GROWTH FD I | 2018-07-24 | $55,426 | $34,985 | $20,441 | $20,441 | 2012-04-26 | |
| 79.381 PRICE T ROWE GROWTH STK FD INC COM | 2018-07-24 | $5,701 | $3,011 | $2,690 | $2,690 | 2012-04-26 | |
| 515.071 ROBECO BOSTON PARTNERS L S RSRCH | 2018-07-24 | $8,591 | $6,459 | $2,132 | $2,132 | 2013-02-26 | |
| 55.341 ROWE T PRICE MID CAP GROWTH FD INC | 2018-07-24 | $5,221 | $3,299 | $1,922 | $1,922 | 2012-04-26 | |
| 1445.243 ROWE T PRICE INTL FDS INC INTL BD FD | 2018-07-24 | $12,675 | $13,977 | -$1,302 | -$1,302 | ||
| 1401.72 LAUDUS INTERNATIONAL MARKETMASTERS | 2018-07-24 | $36,781 | $26,086 | $10,695 | $10,695 | 2012-04-26 | |
| 238.77 VANGUARD EQUITY INCOME ADM | 2018-07-24 | $18,684 | $11,828 | $6,856 | $6,856 | 2012-04-26 | |
| 1486.565 CREDIT SUISSE COMM RET ST CO | 2018-09-13 | $7,046 | $11,759 | -$4,713 | -$4,713 | 2013-02-26 | |
| 428.463 ROBECO BOSTON PARTNERS L S RSRCH | 2018-09-13 | $7,117 | $5,373 | $1,744 | $1,744 | 2013-02-26 | |
| 222.9 NUVEEN REAL ESTATE SECS I | 2018-12-13 | $4,451 | $4,471 | -$20 | -$20 | 2018-07-24 | |
| CAPITAL GAIN DIVIDENDS | $13,721 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $38,820 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $35,565 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $710,662 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050045 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $30,862 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $662,164 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046608 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $38,173 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $655,850 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.058204 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $69,386 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $744,087 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.09325 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $26,671 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $750,337 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.035545 | DistributionYr5Rt |
| Total Distribution | 0.283652 | TotalDistributionRt |
| Average Distribution | 0.05673 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $662,608 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $37,590 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $461 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $38,051 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $40,221 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $461 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $461 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $461 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $696 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $696 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $235 | OverpaymentAmt |
| Applied To ES Tax | $235 | 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 | OR | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5034643580 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | 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 | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3168 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $11,086 | 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 | $657,301 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,397 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $672,698 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $672,698 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,090 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $662,608 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $33,130 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $33,130 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $461 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $461 | TotalTaxAmt |
| Distributable Before Adj | $32,669 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,066 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $33,735 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $33,735 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $40,221 | 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 | $40,221 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $461 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $39,760 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $33,735 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $263 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $263 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $40,221 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $33,735 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $6,486 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,749 | 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 | $6,749 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $263 | ExcessFromYear1Amt |
| Excess From Current Year | $6,486 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MR MELVIN SCHMIDTGALL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 533 | AddressLine1Txt |
| City | ATHENA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5415663578 | RecipientPhoneNum |
| Form And Info And Materials | CONTACT ABOVE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | CONTACT ABOVE | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE HOMER I & PERSEPHONE B WATTS FOUNDATION IS A BROAD, CHARITABLE PURPOSE FUND WHICH ALSO PROVIDES SCHOLARSHIP ASSISTANCE TO INDIVIDUALS WHO ARE RESIDENTS OF UMATILLA COUNTY, OREGON. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| ATHENA SCHOOL DISTRICT | ||||||||
| ATTN ELIZABETH MCINTYRE | 540 E MAIN STREET | ATHENA | OR | 97813 | NONE | I | SCHOLARSHIPS | $500 |
| WILLAMETTE UNIVERSITY | ||||||||
| 245 WINTER ST SE | SALEM | OR | 97301 | NONE | I | SCHOLARSHIPS | $1,700 | |
| BLUE MOUNTAIN COMMUNITY COLLEGE | ||||||||
| PO BOX 100 | PENDLETON | OR | 97801 | NONE | I | SCHOLARSHIPS | $1,700 | |
| EASTERN OREGON UNIVERSITY | ||||||||
| ONE UNIVERSITY BLVD | LA GRANDE | OR | 97850 | NONE | I | SCHOLARSHIPS | $6,100 | |
| LINFIELD COLLEGE | ||||||||
| 900 SE BAKER ST | McMinnville | OR | 97128 | NONE | I | SCHOLARSHIPS | $2,200 | |
| LIBERTY UNIVERSITY | ||||||||
| 1971 UNIVERSITY BLVD | Lynchburg | VA | 24515 | NONE | I | SCHOLARSHIPS | $2,200 | |
| GRAND CANYON UNIVERSITY | ||||||||
| 3300 W CAMELBACK RD | PHOENIX | AZ | 85017 | NONE | I | SCHOLARSHIPS | $1,700 | |
| HARVARD UNIVERSITY | ||||||||
| 1033 MASSACHUSETTS AVE STE 3 | CAMBRIDGE | MA | 02138 | NONE | I | SCHOLARSHIPS | $1,700 | |
| UNIVERSITY OF IDAHO | ||||||||
| 875 PERIMETER DR | Moscow | ID | 83844 | NONE | I | SCHOLARSHIPS | $2,200 | |
| CALEDONIAN GAMES | ||||||||
| PO BOX 161 | ATHENA | OR | 97813 | NONE | PC | GENERAL OPERATING | $500 | |
| GEM THEATRE | ||||||||
| 17589 FOUR SEASONS DRIVE | Dumfries | VA | 22025 | NONE | PC | GENERAL OPERATING | $6,500 | |
| NORTHWEST NAZARENE UNIVERSITY | ||||||||
| 623 S UNIVERSITY BLVD | NAMPA | ID | 83686 | NONE | I | SCHOLARSHIP | $2,200 | |
| BOISE STATE UNIVERSITY | ||||||||
| 1173 W UNIVERSITY DR | BOISE | ID | 83706 | NONE | I | SCHOLARSHIPS | $2,200 | |
| IDAHO STATE UNIVERSITY | ||||||||
| 921 S 8 AVE STOP 8050 | POCATELLO | ID | 83209 | NONE | I | SCHOLARSHIPS | $2,200 | |
| UNIVERSITY OF ARIZONA | ||||||||
| 1111 NORTH CHERRY AVENUE | Tucson | AZ | 857210109 | NONE | I | SCHOLARSHIPS | $2,200 | |
| PORTLAND STATE UNIVERSITY | ||||||||
| PO BOX 851 | PORTLAND | OR | 97207 | NONE | I | SCHOLARSHIPS | $1,700 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $37,500 | 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 | $17,411 | 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 | $38,820 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANT RECOVERY | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $1,066 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $57,297 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $57,297 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 | $1,500 | Amt |
| Disbursements Charitable Prps | $1,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (12 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 19765N518 COLUMBIA INCOME FD C | ||
| 670690387 NUVEEN INFLATION PRO | ||
| 87234N765 TCW EMERGING MARKETS | $14,744 | $13,628 |
| 258620103 DOUBLELINE TOTAL RET | $43,854 | $43,028 |
| 262028855 DRIEHAUS ACTIVE INCO | $28,834 | $26,667 |
| 77956H104 T ROWE PRICE INTL BO | ||
| 464288612 ISHARES BARCLAYS INT | $50,061 | $51,087 |
| 464288513 ISHARES IBOXX HIGH Y | ||
| 024932600 AMER CENT DIVERSIFI | ||
| 693390882 P I M C O FOREIGN BO | $13,980 | $14,420 |
| 057071854 BAIRD AGGREGATE BOND | $48,930 | $51,390 |
| 31420B300 FEDERATED INST HI YL | $20,970 | $21,186 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (22 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 464287465 ISHARES MSCI EAFE ET | ||
| 22544R305 CREDIT SUISSE COMM R | $7,904 | $6,562 |
| 670678507 NUVEEN REAL ESTATE S | $13,315 | $13,810 |
| 74925K581 ROBECO BOSTON PARTNE | $5,201 | $6,337 |
| 67065W639 NUVEEN SANTA BARBARA | ||
| 921921300 VANGUARD EQUITY INCO | $22,248 | $33,832 |
| 779572106 T ROWE PRICE SMALL C | $21,534 | $31,246 |
| 74254V273 PRINCIPAL GL R E SEC | $10,132 | $12,422 |
| 741479109 PRICE T ROWE GROWTH | $29,632 | $53,670 |
| 003021714 ABERDEEN FDS EMRGN | ||
| 29875E100 AMERICAN EUROPACIFIC | $35,478 | $47,788 |
| 779556109 ROWE T PRICE MID-CAP | $21,997 | $35,024 |
| 808509640 LAUDUS INTERNATIONAL | ||
| 14214L171 CARILLON SCOUT INTER | ||
| 46434G103 ISHARES CORE MSCI EM | $6,975 | $6,687 |
| 430070409 HIGHLAND LONG SHORT | $13,980 | $12,278 |
| 46432F842 ISHARES CORE MSCI EA | $21,439 | $20,385 |
| 46429B697 ISHARES MSCI USA MIN | $34,922 | $39,507 |
| 922908710 VANGUARD 500 INDEX A | $55,920 | $58,224 |
| 921910501 VANGUARD INTL GRWTH | $20,970 | $19,329 |
| 641224415 NEUBERGER BERMAN EME | $13,980 | $13,666 |
| 412295107 HARDING LOEVNER INTL | $29,467 | $28,623 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 87245P668 TIAA CREF INFLATION | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $12,635 | BookValueAmt |
| EOYFMV | $13,060 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $1 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEE/TAXES | Desc |
| Revenue And Expenses Per Books | $112 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $112 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANT RECOVERY | Desc |
| Revenue And Expenses Per Books | $1,066 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $150 | $150 | $0 |
| FEDERAL TAX PAYMENT - PRIOR YE | $582 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $696 | $0 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $12 | $12 | $0 |