HERBST FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- HERBST FAMILY FOUNDATION (EIN 36-4333045)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-09
- IRS object ID
- 201921299349101917
- Schema version
- 2018v3.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-09T13:51:37-07:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 860360084 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HBL CPAs PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5470 E Broadway Blvd | AddressLine1Txt |
| City | Tucson | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364333045 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERBST FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERB | BusinessNameControlTxt |
| Phone | 3123165085 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 N LAKE SHORE DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ARTHUR L HERBST | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2019-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J DEVRIES | PreparerPersonNm |
| PTIN | P00748581 | PTIN |
| Phone | 5208863181 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,704,394 | 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 | $50,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $88 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $88 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $27,623 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $27,623 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,957 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $52,987 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,957 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$2,216 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$2,216 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $80,452 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $30,452 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $1,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $600 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $600 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $8,333 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,333 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $943 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $943 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $107 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $659 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,534 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,509 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,117 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $12,044 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $625 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $79,550 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $79,550 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $91,667 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $12,044 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $80,175 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$11,215 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $18,408 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $41,610 | CashBOYAmt |
| Cash EOY | $39,915 | CashEOYAmt |
| Cash EOYFMV | $39,915 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $142,712 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $120,225 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $120,225 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $2,760 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,473 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,472 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $974,135 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,021,185 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,537,178 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,663 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,604 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,604 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $926 | OtherAssetsBOYAmt |
| Total Assets BOY | $1,169,806 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,188,402 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,704,394 | TotalAssetsEOYFMVAmt |
| Grants Payable EOY | $10,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $9,866 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $31,515 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,866 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,515 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,159,940 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,146,887 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,159,940 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,146,887 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,169,806 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,188,402 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,159,940 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$11,215 | ExcessRevenueOverExpensesAmt |
| Other Increases | $221 | OtherIncreasesAmt |
| Subtotal | $1,148,946 | SubtotalAmt |
| Other Decreases | $2,059 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,146,887 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| CAPITAL GAINS FROM K-1 | P | 2017-01-01 | 2018-12-31 | $9 | -$9 | -$9 | |
| 700 KINDER MORGAN INC | P | 2017-01-01 | 2018-09-04 | $22,308 | -$10,026 | -$10,026 | $12,282 |
| 300 NXP SEMICONDUCTORS | P | 2015-09-24 | 2018-02-26 | $25,713 | $11,689 | $11,689 | $37,402 |
| SECTION 1231 FROM K-1 | P | 2017-01-01 | 2018-12-31 | $3,303 | $3,303 | $3,303 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,957 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $75,385 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,609,622 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04683 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $75,042 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,406,820 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05334 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $67,032 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,322,554 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05068 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $49,741 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,287,191 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.03864 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $63,546 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,186,464 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05356 | DistributionYr5Rt |
| Total Distribution | 0.243062 | TotalDistributionRt |
| Average Distribution | 0.048612 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,688,617 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $82,087 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $184 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $82,271 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $80,175 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $368 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $368 | SubtotalAmt |
| Tax Based On Investment Income | $368 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,240 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,240 | TotalPaymentsAndCreditsAmt |
| Overpayment | $872 | OverpaymentAmt |
| Applied To ES Tax | $872 | AppliedToESTaxAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | 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 | DR ARTHUR L HERBST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123165085 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 N LAKE SHORE DRIVE NO 5C | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| DR ARTHUR L HERBST | ||||||
| 4451 N CAMINO SUMO | TUCSON | AZ | 85718 | President | 1.00 | $0 |
| LEE G HERBST | ||||||
| 4451 N CAMINO SUMO | TUCSON | AZ | 85718 | Vice Pres | 1.00 | $0 |
| ARTHUR L HERBST JR | ||||||
| 1816 N LINCOLN PARK W | CHICAGO | IL | 60614 | Director | 1.00 | $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 | $1,555,199 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $172,231 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | -$13,098 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,714,332 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,714,332 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $25,715 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,688,617 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $84,431 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $84,431 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $368 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $368 | TotalTaxAmt |
| Distributable Before Adj | $84,063 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $84,063 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $84,063 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $80,175 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $80,175 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $80,175 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $84,063 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,775 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $2,146 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,367 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $9,288 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $80,175 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $80,175 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $3,888 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $3,888 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,400 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $5,400 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $33 | ExcessFromYear3Amt |
| Excess From Year2 | $5,367 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ARTHUR L HERBST | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN HUMANIST ASSOCIATION | |||||||
| 1777 T STREET NW | WASHINGTON | DC | 20009 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| ARIZONA LAND AND WATER TRUST | |||||||
| 3127 N CHERRY AVE | TUCSON | AZ | 85719 | NONE | PUBLIC | PROGRAM SUPPORT | $200 |
| ARIZONA PUBLIC MEDIA | |||||||
| PO BOX 210067 | TUCSON | AZ | 85721 | NONE | PUBLIC | PROGRAM SUPPORT | $750 |
| ARIZONA THEATRE COMPANY | |||||||
| 343 S SCOTT AVE | TUCSON | AZ | 85701 | NONE | PUBLIC | PROGRAM SUPPORT | $1,750 |
| CHAPIN SCHOOL | |||||||
| 100 E END AVE | NEW YORK | NY | 10028 | NONE | PUBLIC | PROGRAM SUPPORT | $2,500 |
| CHICAGO SYMPHONY ORCHESTRA | |||||||
| 220 S MICHIGAN AVE | CHICAGO | IL | 60604 | NONE | PUBLIC | PROGRAM SUPPORT | $3,500 |
| COLLEGIATE SCHOOL | |||||||
| 260 W 78TH ST | NEW YORK | NY | 10024 | NONE | PUBLIC | PROGRAM SUPPORT | $2,500 |
| COMPASSION AND CHOICES | |||||||
| 4155 E JEWELL AVE STE 200 | DENVER | CO | 80222 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| EXPERIMENT INTERNATIONAL LIVING | |||||||
| 1 KIPLING ROAD | BRATTLEBORO | VT | 05302 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| INVISIBLE THEATRE | |||||||
| 1400 N FIRST AVE | TUCSON | AZ | 85719 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| LYRIC OPERA OF CHICAGO | |||||||
| 20 N WACHER DR | CHICAGO | IL | 60606 | NONE | PUBLIC | PROGRAM SUPPORT | $3,500 |
| NATIONAL ACADEMY OF MEDICINE | |||||||
| 500 FIFTH STREET NW | WASHINGTON | DC | 20001 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| PLANNED PARENTHOOD | |||||||
| 434 W 33RD STREET | NEW YORK | NY | 10001 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| PRESIDENT AND FELLOWS OF HARVARD | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 02135 | NONE | PUBLIC | PROGRAM SUPPORT | $31,500 |
| SOUTHERN POVERTY LAW CENTER | |||||||
| 400 WASHINGTON AVE | MONTGOMERY | AL | 36104 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| TUCSON SYMPHONY ORCHESTRA | |||||||
| 2175 N SIXTH AVE | TUCSON | AZ | 85705 | NONE | PUBLIC | PROGRAM SUPPORT | $5,000 |
| U OF A FOUNDATON | |||||||
| PO BOX 210109 | TUCSON | AZ | 85721 | NONE | PUBLIC | PROGRAM SUPPORT | $13,250 |
| UNIVERSITY OF CHICAGO | |||||||
| 5235 S HARPER COURT STE 450 | CHICAGO | IL | 60615 | NONE | PUBLIC | PROGRAM SUPPORT | $6,500 |
| WBEX PUBLIC RADIO | |||||||
| 848 E GRAND AVE | CHICAGO | IL | 60611 | NONE | PUBLIC | PROGRAM SUPPORT | $100 |
| WTTW WFMT | |||||||
| 5400 N ST LOUIS AVE | CHICAGO | IL | 60625 | NONE | PUBLIC | PROGRAM SUPPORT | $500 |
| RADCLIFFE INSTITUTE | |||||||
| 124 MT AUBURN ST | Cambridge | MA | 02138 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| BUCKINGHAM BROWNE NICHOLS SCH | |||||||
| 80 Gerrys Landing Road | Cambridge | MA | 02138 | NONE | PUBLIC | PROGRAM SUPPORT | $1,000 |
| U MICHIGAN YELLOW HOUSE SCHOOL | |||||||
| 500 S State St | Ann Arbor | MI | 48109 | NONE | PUBLIC | PROGRAM SUPPORT | $2,500 |
| GILDER LEHRMAN INST OF AMER HIST | |||||||
| 49 W 45TH STREET 2ND FLOOR | NEW YORK | NY | 10036 | NONE | PC | PROGRAM SUPPORT | $1,500 |
| AM ASSOCIATION OBGYN FOUNDATION | |||||||
| 9 NEWPORT DR | FOREST HILL | MD | 21050 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| PHYSICIANS FOR HUMAN RIGHTS | |||||||
| 256 W 38TH 9TH FLOOR | NEW YORK | NY | 10018 | NONE | PUBLIC | PROGRAM SUPPORT | $250 |
| IOWA STATE FOUNDATION | |||||||
| 2305 UNIVERISTY BLVD | AMES | IA | 50010 | NONE | PUBLIC | PROGRAM SUPPORT | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $79,550 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $88 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,623 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,334 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,118 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,957 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$3,334 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $33,786 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $30,452 | 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 | ARTHUR AND LEE HERBST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4451 N CAMINO SUMO | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $50,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,200 | Amt |
| Net Investment Income | $600 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $600 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB - SEE ATTACHED | StockNm |
| EOY Book Value | $1,021,185 | EOYBookValueAmt |
| EOYFMV | $1,537,178 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WESMINSTER FUND VIII | AT COST | $5,604 | $5,604 |
| WESTMINSTER FUND VI | AT COST |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Nondeductible expenses | Desc |
| Amt | $8 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| LICENSES AND FEES | $25 | $25 | |
| PASS-THROUGH CHARITABLE | $1 | $1 | |
| PASS-THROUGH MISC OVERHEAD COSTS | $1,508 | $1,508 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | -$2,216 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$2,216 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Non-dividend distributions | Desc |
| Amt | $221 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| WESTMINSTER DISTRIBUTIONS PAYABLE | $9,866 | $993 |
| WESTMINSTER FUND V | $26,767 | |
| WESTMINSTER FUND VI | $3,755 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $8,314 | $8,314 | $0 | $0 |
| PASS THROUGH OTHER FEES (PORTFOLIO) | $19 | $19 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $659 | $659 |
| INCOME TAXES OWED 2018 | $368 | |
| INCOME TAXES REFUNDED IN 2018 | $920 |