NORMAN AND ANN HOFFMAN FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- NORMAN AND ANN HOFFMAN FOUNDATION (EIN 45-3080856)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-14
- IRS object ID
- 201941349349103114
- 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 Bonds Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-14T14:12:40-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL WEST TOWER STE | AddressLine1Txt |
| Address Line2 | 1100 | AddressLine2Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022526 | 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 | 453080856 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORMAN AND ANN HOFFMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORM | BusinessNameControlTxt |
| Phone | 6127667255 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 116 LAKE STREET WEST | AddressLine1Txt |
| City | WACONIA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55387 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NORMAN HOFFMAN | PersonNm |
| Person Title | DIRECTOR/PRESIDENT | PersonTitleTxt |
| Phone | 6127667255 | PhoneNum |
| Signature | 2019-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TODD JACKSON | PreparerPersonNm |
| PTIN | P00092672 | PTIN |
| Phone | 6123324300 | PhoneNum |
| Preparation | 2019-05-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.98.98.9 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-10 | IPDt |
| IP Tm | 10:45:12 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B56786F7D21A8F39D00ED83C272556B8DDCB8C36 | AtSubmissionFilingDeviceId |
| 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 | $7,504,463 | 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 | $5,670 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $39,023 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $39,023 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $175,794 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $175,794 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,328 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,368,241 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $217,159 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $214,817 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $2,034 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $2,034 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $21,600 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $21,600 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,074 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,074 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,345 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,673 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,672 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,526 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $1,932 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $38,495 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $38,099 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $396 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $79,074 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $42,772 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $32,708 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,145,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,145,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,224,574 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $42,772 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,178,208 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,007,415 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $172,045 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,165 | CashBOYAmt |
| Cash EOY | $2,363 | CashEOYAmt |
| Cash EOYFMV | $2,363 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $405,215 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $135,692 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $135,692 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Bonds BOY | $2,469,126 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,865,334 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,832,041 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,422,653 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,306,355 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,534,367 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,317,159 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,309,744 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,504,463 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | -$355,761 | CapitalStockBOYAmt |
| Capital Stock EOY | -$355,761 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $7,672,920 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,665,505 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,317,159 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,309,744 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,317,159 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,309,744 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,317,159 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,007,415 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,309,744 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,309,744 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $2,368,241 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,371,569 | CostOrOtherBasisAmt |
| Gain Or Loss | -$3,328 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$3,328 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$3,328 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $174,383 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,580,703 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.020323 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $958,763 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,882,081 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.332663 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $62,358 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,197,233 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052085 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $59,597 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,307,642 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045576 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $9,518 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,119,020 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.008506 | DistributionYr5Rt |
| Total Distribution | 0.459153 | TotalDistributionRt |
| Average Distribution | 0.091831 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,757,129 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $804,176 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,720 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $805,896 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,178,208 | 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 | $1,720 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,720 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,720 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,840 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,840 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $24 | EsPenaltyAmt |
| Overpayment | $1,096 | OverpaymentAmt |
| Applied To ES Tax | $1,096 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORMAN H HOFFMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9524421829 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 116 LAKE STREET WEST | AddressLine1Txt |
| City | WACONIA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55387 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| NORMAN H HOFFMAN | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR/PRESIDENT | 2.00 | $0 | $0 | $0 |
| ANNA M HOFFMAN | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR/SECRETARY | 1.00 | $0 | $0 | $0 |
| GERALD R STORMS | ||||||||
| 116 LAKE STREET WEST | WACONIA | MN | 55387 | DIRECTOR/VP/TREASURER | 1.00 | $2,034 | $0 | $0 |
| 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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,710,796 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $139,690 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $40,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,890,486 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,890,486 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $133,357 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,757,129 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $437,856 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $437,856 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,720 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,720 | TotalTaxAmt |
| Distributable Before Adj | $436,136 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $436,136 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $436,136 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,178,208 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,178,208 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,720 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,176,488 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $436,136 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $516,985 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $516,985 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,178,208 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $436,136 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $742,072 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,259,057 | 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 | $1,259,057 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $516,985 | ExcessFromYear2Amt |
| Excess From Current Year | $742,072 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NORMAN H HOFFMAN | ContributingManagerNm |
| Contributing Manager | ANNA M HOFFMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN DIABETES ASSOCIATION | |||||||
| 2451 CRYSTAL DRIVE SUITE 900 | ARLINGTON | VA | 22202 | NONE | PC | PROGRAM SUPPORT | $25,000 |
| ASCENSION CATHOLIC SCHOOL | |||||||
| 601 VAN BUREN STREET | OAK PARK | IL | 60304 | NONE | PC | EDUCATION - GENERAL PROGRAM SUPPORT | $3,000 |
| FREEDOM FOUNDATION OF MINNESOTA | |||||||
| 520 NICOLLET MALL STE 510 | MINNEAPOLIS | MN | 55402 | NONE | PC | PROGRAM SUPPORT | $5,000 |
| HOLY FAMILY HIGH SCHOOL | |||||||
| 5195 W 144TH AVE | BROOMFIELD | CO | 80023 | NONE | PC | EDUCATION - GENERAL PROGRAM SUPPORT | $25,000 |
| NET MINISTRIES | |||||||
| 110 CRUSADER AVE W | WEST ST PAUL | MN | 55118 | NONE | PC | PROGRAM SUPPORT | $30,000 |
| RIDGEVIEW FOUNDATION | |||||||
| 500 S MAPLE ST | WACONIA | MN | 55387 | NONE | PC | CONSTRUCTION OF EMERGENCY CENTER | $1,000,000 |
| SHARING AND CARING HANDS | |||||||
| 525 N 7TH ST | MINNEAPOLIS | MN | 55405 | NONE | PC | PROGRAM SUPPORT | $2,500 |
| ST JOSEPH CATHOLIC CHURCH | |||||||
| 41 E 1ST STREET | WACONIA | MN | 55387 | NONE | PC | PROGRAM SUPPORT | $20,000 |
| ST PAUL SEMINARY SCHOOL | |||||||
| 2260 SUMMIT AVE | ST PAUL | MN | 55105 | NONE | PC | EDUCATION - GENERAL PROGRAM SUPPORT | $25,000 |
| UNIVERSITY OF NORTH DAKOTA FOUNDATION | |||||||
| 3501 UNIVERSITY AVE STOP 8157 | GRAND FORKS | ND | 58202 | NONE | PC | PROGRAM SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,145,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,023 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $175,794 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$3,328 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $211,489 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $211,489 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 | NORMAN AND ANN HOFFMAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 116 LAKE STREET WEST | AddressLine1Txt |
| City | WACONIA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55387 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,670 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREP FEES | CategoryTxt |
| Amt | $9,345 | Amt |
| Net Investment Income | $4,673 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,672 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (28 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS SR NOTE CPN 2.550% DUE 03/15/22 | $49,700 | $48,711 |
| GENL MTRS FINL CO INC SR NOTE CPN 3.200% DUE 07/13/20 | $50,128 | $49,380 |
| GOLDMAN SACHS BANK USA NEW YORK NY CD FDIC #33124 CPN 2.650% DUE 04/27/20 | $99,640 | $99,761 |
| GOLDMAN SACHS BANK USA NEW YORK NY CD FDIC SEMI CPN 1.350% DUE 02/19/19 | $49,825 | $49,936 |
| GOLDMAN SACHS BANK USA NEW YORK NY CD FDIC SEMI CPN 1.850% DUE 02/17/21 | $49,720 | $48,739 |
| GOLDMAN SACHS GROUP INC NOTE | $49,659 | $48,422 |
| JEFFRIES GRP LLC SR NOTE STEP | $49,688 | $47,520 |
| TIAA FSB JACKSONVILLE FL CD FDIC #34775 | $99,950 | $100,000 |
| INVESCO SENIOR LOAN ETF | $161,490 | $152,460 |
| ISHARES IBOXX $INVESTMENT GRADE CORP BOND ETF | $85,790 | $84,615 |
| ISHARES JPMORGAN USD EMERGING MARKETS BOND ETF | $66,388 | $62,346 |
| PRINCEVILLE STATE BANK PRINCEVILLE IL CD FDIC #16900 | $50,000 | $49,946 |
| PEOPLES UNITED BANK NA BRIDGEPORT CT CD FDIC #27334 | $99,998 | $99,559 |
| MURPHY OIL CORP SR NOTE | $48,473 | $46,817 |
| MORGAN STANLEY SR NOTE CPN 2.375% DUE 07/23/19 | $49,940 | $49,783 |
| FIRST NATL BANK PARK FALLS WI CD FDIC #05358 | $99,985 | $100,000 |
| FIRST FINL NORTHWEST BK RENTON WA CD FDIC #29058 | $49,725 | $49,462 |
| HSBC BANK USA NA MCLEAN VA CD FDIC SEMI CLLB CPN 2.000% DUE 10/21/22 | $49,775 | $47,516 |
| ALLY BANK MIDVALE UT CD FDIC SEMI CPN 1.150% DUE 02/12/18 | $99,990 | $99,727 |
| WELLS FARGO & CO MEDIUM TERM NOTE CPN 2.150% DUE 01/30/20 | $49,913 | $49,457 |
| VANGUARD INTERMEDIATE TERM BOND ETF | $58,721 | $56,903 |
| BENEFICIAL BANK PHILADELPHIA PA CD FDIC #15697 | $49,500 | $47,641 |
| BENEFICIAL BANK PHILADELPHIA PA CD FDIC #15697 | $49,050 | $48,416 |
| CAPITAL ONE BANK USA NA GLEN ALLEN VA CD FDIC #33954 | $49,566 | $49,775 |
| JPMORGAN CHASE BANK NA COLUMBUS OH CD FDIC QTRLY CLLB CPN 1.600% DUE 5/16/21 | $49,700 | $48,392 |
| COMENITY CAPITAL BANK SALT LAKE CITY UT CD | $49,075 | $47,840 |
| CAPITAL ONE NA MCLEAN VA CD FDIC #04297 | $49,995 | $49,029 |
| CORTLAND SVGS & BKG CO | $99,950 | $99,888 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (58 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD SMALL CAP VALUE ETF | AT COST | $49,449 | $68,436 |
| VANGUARD INFORMATION TECHNOLOGY ETF | AT COST | $43,480 | $216,879 |
| WELLS FARGO & COMPANY DEP SHS 1/1000TH INT PERPTL A SER Q FXD/VAR | AT COST | $47,565 | $49,140 |
| OSI OSHARES FTSE RUSSELL SMALL CAP QLTY DIVID ETF | AT COST | $76,758 | $66,108 |
| TWO HARBORS INVESTMENT CORP SER B FXD/VAR CUML REDEEM PFD 7.625% | AT COST | $52,100 | $49,640 |
| WELLS FARGO & COMPANY PERPETUAL PFD CONVERTIBLE CL A 7.5% | AT COST | $61,663 | $63,095 |
| SECTOR MATERIALS SELECT SECTOR SPDR ETF | AT COST | $46,906 | $101,040 |
| TCF FINL CORP DEP SHS REPSTG 1/1000TH NON CUML PFD C PRPTL 5.7 | AT COST | $51,614 | $45,680 |
| SELECT SECTOR COMMUNICATION SERVICES SELECT SECTOR SPDR ETF | AT COST | $51,888 | $51,600 |
| SELECT SECTOR TR REAL ESTATE SPDR ETF | AT COST | $62,167 | $62,000 |
| SOUTHERN COMPANY SER 2015A JR SUB NOTE 6.25% DUE 10/15/75 | AT COST | $77,098 | $76,530 |
| SPDR GOLD TRUST GOLD SHARES | AT COST | $48,485 | $60,625 |
| VANGUARD COMMUNICATION SERVICES ETF | AT COST | $24,776 | $42,590 |
| VANGUARD FTSE EMERGING MARKETS ETF | AT COST | $32,225 | $51,435 |
| SPDR S&P INTL DIVIDEND ETF | AT COST | $36,870 | $34,960 |
| SPDR SERIES TRUST S&P DIVIDEND ETF | AT COST | $97,196 | $179,040 |
| SPDR SERIES TRUST S&P OIL & GAS EQUIPMENT & SERVICES ETF | AT COST | $52,620 | $27,030 |
| VANGUARD INDUSTRIALS ETF | AT COST | $16,428 | $48,164 |
| SPDR SERIES TRUST S&P RETAIL ETF | AT COST | $58,374 | $55,337 |
| SECTOR FINANCIAL SELECT SECTOR SPDR ETF | AT COST | $34,989 | $95,280 |
| SPDR S&P DEVELOPED WORLD EX US ETF | AT COST | $85,443 | $121,670 |
| ISHARES RUSSELL 1000 VALUE ETF | AT COST | $57,561 | $111,050 |
| JPMORGAN CHASE & CO | AT COST | $32,100 | $29,286 |
| INVESCO PDF ETF | AT COST | $97,691 | $94,290 |
| INVESCO DWA UTILITIES MOMENTUM ETF | AT COST | $60,244 | $115,840 |
| INVESCO DWA CONSUMER STAPLES MOMENTUM ETF | AT COST | $85,897 | $163,025 |
| INVESCO DWA CONSUMER CYCLICALS MOMENTUM ETF | AT COST | $37,300 | $116,675 |
| FIRST TRUST NASDAQ CYBERSECURITY ETF | AT COST | $51,600 | $58,550 |
| ENTROPY SOLUTIONS LLC | AT COST | $40,000 | $40,000 |
| CITIGROUP INC DEP SHS REPSTG NONCUML PFD SER J FXD/VAR PERPTL 7.125% | AT COST | $50,480 | $52,380 |
| ISHARES AEROSPACE & DEFENSE ETF | AT COST | $50,120 | $60,501 |
| CHS INC CL B CUML REDEEMABLE PFD SER 3 6.75% | AT COST | $158,803 | $144,360 |
| BANK AMERICA CORP NON CUML PERPETL CONV PFD SER L 7.25% | AT COST | $59,800 | $62,625 |
| BANK AMER CORP DEP SHS 1/1000TH NON CUML PFD SER EE $0.01 6% PERPTL | AT COST | $63,757 | $62,625 |
| ASSOCIATED BANC CORP WI DEP SHS REPSTG 1/40TH | AT COST | $48,670 | $44,400 |
| AMTRUST FINL SVCS INC DEP SHS REPSTG 1/40TH NON CUML D PERPTL 5.375% | AT COST | $43,598 | $25,360 |
| AMAZON.COM INC | AT COST | $33,801 | $37,549 |
| ALPHABET INC CL A | AT COST | $43,151 | $41,798 |
| CAPITAL ONE FINANCIAL CORP DEP SHS REPSTG 1/40TH PERP PFD G 5.2% | AT COST | $56,398 | $54,050 |
| ISHARES EXPANDED TECH SOFTWARE SECTOR ETF | AT COST | $222,052 | $364,403 |
| ISHARES GLOBAL INDUSTRIALS ETF | AT COST | $27,312 | $62,336 |
| ISHARES MORNINGSTAR SMALL CAP VALUE ETF | AT COST | $38,322 | $49,268 |
| ISHARES US UTILITIES ETF | AT COST | $60,507 | $67,110 |
| ISHARES US INDUSTRIALS ETF | AT COST | $105,485 | $128,530 |
| ISHARES US HEALTHCARE ETF | AT COST | $154,640 | $189,851 |
| ISHARES US FINANCIALS ETF | AT COST | $251,974 | $260,607 |
| ISHARES US ENERGY ETF | AT COST | $206,988 | $186,960 |
| ISHARES U S MEDICAL DEVICES ETF | AT COST | $85,880 | $119,886 |
| ISHARES TECHNOLOGY ETF | AT COST | $120,497 | $159,930 |
| ISHARES RUSSELL MID CAP ETF | AT COST | $64,738 | $130,144 |
| ISHARES RUSSELL 2000 GROWTH ETF | AT COST | $118,983 | $184,800 |
| ISHARES OIL EQUIPMENT & SERVICES ETF | AT COST | $35,135 | $20,420 |
| ISHARES NASDAQ BIOTECHNOLOGY ETF | AT COST | $122,872 | $188,039 |
| ISHARES MSCI EMERGING MARKETS ETF | AT COST | $43,125 | $39,060 |
| ISHARES MSCI EAFE ETF | AT COST | $91,925 | $88,170 |
| ISHARES MSCI BRIC ETF | AT COST | $94,879 | $112,530 |
| JPMORGAN CHASE & COMPANY JPMORGAN CHASE & COMPANY NON CUML AA PERPTL 6.1% | AT COST | $250,012 | $252,080 |
| WISDOMTREE INDIA | AT COST | $31,964 | $49,600 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,074 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,074 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MINNESOTA ATTORNEY GENERAL FEE | $25 | $0 | $25 |
| INVESTMENT MANAGEMENT FEE | $36,809 | $36,809 | $0 |
| ACCRUED INTEREST PAID | $1,290 | $1,290 | $0 |
| INSURANCE | $371 | $0 | $371 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2017 EXCISE TAX | $754 | $0 | $0 |
| 2018 ESTIMATED PAYMENT | $2,840 | $0 | $0 |
| PAYROLL TAXES | $1,932 | $0 | $1,932 |