ROBERT AND RITA ELMEN FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT AND RITA ELMEN FOUNDATION (EIN 20-5767798)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-15
- IRS object ID
- 202533199349100933
- Schema version
- 2024v5.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-15T12:22:25-08:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 460452856 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A & F RENTALL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 5103 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205767798 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROBERT AND RITA ELMEN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 6053381800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 W 11TH | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS WHALEN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6053381800 | PhoneNum |
| Signature | 2025-05-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS J WHALEN | PreparerPersonNm |
| PTIN | P01291439 | PTIN |
| Phone | 6053381800 | PhoneNum |
| Preparation | 2025-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $123,460,263 | 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 | $17,121,645 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,823 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,823 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,288,142 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,288,142 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $612,135 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $612,135 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $435,724 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $17,446,261 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $17,446,261 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $20,026,745 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $20,351,361 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $17,446,261 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $143,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $143,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $292,626 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $275,626 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $17,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $222,714 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $222,714 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $0 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $658,340 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $498,340 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $160,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,428,707 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,428,707 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,087,047 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $498,340 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,588,707 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,939,698 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $19,853,021 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $17,446,261 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,413,128 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,052,060 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,052,060 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $64,540,953 | CorporateStockBOYAmt |
| Corporate Stock EOY | $69,747,303 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $99,133,278 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $524,776 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $524,776 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $799,896 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $8,500,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $2,460,873 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $6,215,538 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $6,039,127 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $8,800,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $13,806,708 | OtherAssetsBOYAmt |
| Other Assets EOY | $9,064,810 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,675,029 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $87,501,103 | TotalAssetsBOYAmt |
| Total Assets EOY | $86,428,076 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $123,460,263 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $87,501,103 | RetainedEarningBOYAmt |
| Retained Earning EOY | $86,428,076 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $87,501,103 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $86,428,076 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $87,501,103 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $86,428,076 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $87,501,103 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,939,698 | ExcessRevenueOverExpensesAmt |
| Subtotal | $102,440,801 | SubtotalAmt |
| Other Decreases | $16,012,725 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $86,428,076 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2024-05-03 | 2024-05-03 | $120,857,831 | $0 | $104,937,367 | $15,920,464 | $0 | $0 | $0 | $15,920,464 |
| COMMERICAL REAL ESTATE 25TH STREET FARGO ND | D | 2024-01-26 | 2024-03-21 | $1,500,000 | $701,960 | $916,598 | $1,285,362 | $0 | $0 | $0 | $1,285,362 |
| COMMERICAL REAL ESTATE 32ND STREET FARGO ND | D | 2024-04-22 | 2024-06-27 | $265,833 | $106,814 | $132,212 | $240,435 | $0 | $0 | $0 | $240,435 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,446,261 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $17,446,261 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $275,957 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $275,957 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $275,957 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $266,971 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $266,971 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $266,971 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $534 | EsPenaltyAmt |
| Tax Due | $9,520 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | SD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THOMAS J WHALEN | IndividualWithBooksNm |
| Phone | 6053381800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 W 11TH STREET | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57104 | 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 | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| JULIE D ELMEN | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | PRESIDENT | 6.00 | $35,000 | $0 | $0 |
| THOMAS J WHALEN | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | TREASURER | 8.00 | $52,500 | $0 | $0 |
| VANCE GOLDAMMER | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | SECRETARY | 6.00 | $35,000 | $0 | $0 |
| SARAH KOPP | ||||||||
| 2901 W 11TH | SIOUX FALLS | SD | 57104 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| ALEX KOPP | ||||||||
| 3740 PROMONTORY ST | SAN DIEGO | CA | 92109 | MEMBER | 4.00 | $17,500 | $0 | $0 |
| SADIE KEUNING | ||||||||
| 25781 SIDNEY TRAIL | CUSTER | SD | 57730 | MEMBER | 4.00 | $17,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE PLANNING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5454 W 110TH ST | AddressLine1Txt |
| City | LEAWOOD | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISOR | ServiceTypeTxt |
| Compensation | $275,626 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $113,908,077 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $113,908,077 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $113,908,077 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,708,621 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $112,199,456 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,609,973 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,609,973 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $275,957 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $275,957 | TotalTaxAmt |
| Distributable Before Adj | $5,334,016 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,334,016 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,334,016 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,588,707 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,588,707 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,334,016 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,559,402 | UndistributedIncomePYAmt |
| 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 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,588,707 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,559,402 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $29,305 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $5,304,711 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (57 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| SD PARKS AND WILDLIFE FDN | ||||||
| 523 E CAPITOL AVE | PIERRE | SD | 57501 | 501(c)3 | BUILDING PROJECT | $960,000 |
| UNITED WAY | ||||||
| 1000 N WEST | SIOUX FALLS | SD | 57104 | PUBLICCHARITY | OPERATING | $10,000 |
| AUGUSTANA COLLEGE | ||||||
| 2001 SUMMIT AVE | SIOUX FALLS | SD | 57197 | 501(3)CCOLLEGE | BUILDING | $721,707 |
| SIOUX FALLS CARE | ||||||
| PO BOX 89106 | SIOUX FALLS | SD | 57109 | PUBLICCHARITY501(c)3 | OPERATING | $25,000 |
| THE BANQUET | ||||||
| 900 E 8TH ST | SIOUX FALLS | SD | 57103 | PUBLIC CHARITY501(c) | FEEDING MEALS | $25,000 |
| ALZHEIMER'S DISEASE RES FDN | ||||||
| 34 WASHINGTON ST SUITE310 | WELLESLEY HILLS | MA | 02481 | 501(c)3 | RESERACH | $150,000 |
| SD SYMPHONY ORCHESTRA | ||||||
| 301 S MAIN | SIOUX FALLS | SD | 57104 | 501(c)3 | OPERATING | $101,000 |
| GREAT PLAINS ZOO | ||||||
| 805 S KIWANIS | SIOUX FALLS | SD | 57104 | 501(c)3 | ZOO FOR EVERYONE | $15,000 |
| BRAIN & BEHAVIOR RESERACH COUNCIL | ||||||
| 90 PARK AVE 16TH FLOOR | NEW YORK | NY | 100161301 | 501(c3 | RESERACH | $150,000 |
| ST FRANCIS HOUSE | ||||||
| 1301 E AUSTIN ST | SIOUX FALLS | SD | 57103 | 501(c)3 | SHELTER TRAININGFOR THOSE IN NEED | $25,000 |
| AUGUSTANA UNINVESITY | ||||||
| 2201 S SUMMIT | SIOUX FALLS | SD | 57197 | EDUCATIONAL501(3)C | OPERATING FORTHE LIBRARY | $10,000 |
| THE GLORY HOUSE | ||||||
| 3930 S WEST AVE | SIOUX FALLS | SD | 57104 | 501(c)3 | LONG TERM HOUSING | $20,000 |
| LEVITT FOUNDATION | ||||||
| 524 N MAIN | SIOUX FALLS | SD | 57104 | 501 (c)3 | OPERATING | $100,000 |
| FACE IT TOGETHER | ||||||
| 636 S BROADWAY | DENVER | CO | 80209 | 501(c)3 | OPERATING | $25,000 |
| SD PARKS AND WILDLIFE FDN | ||||||
| 523 CAPITOL AVE | PIERRE | SD | 57501 | 501(c)3 | PALISADES STATEPARKCAPITAL CAMP. | $75,000 |
| EMILYS HOPE | ||||||
| 6225 S MINNESOTA AVE | SIOUX FALLS | SD | 57108 | 501(c)3 | TO HELP THOSE WITH DRUG ADDICTION | $10,000 |
| LUNCH IS SERVED | ||||||
| 1600 E 12TH | SIOUX FALLS | SD | 57103 | 501(c)3 | OPERATING | $20,000 |
| CALL TO FREEDOM | ||||||
| 1800 W 12TH ST | SIOUX FALLS | SD | 57104 | 501(c)3 | TO STOP SEXTRAFFICING | $40,000 |
| SANSUM DIABETES RESERACH | ||||||
| 2219 BATH ST | SANTA BARBARA | CA | 93105 | 501(c)3 | RESERACH | $150,000 |
| TALL GRASS | ||||||
| 27048 TALLGRASS AVE | SIOUX FALLS | SD | 57108 | 501(c)3 | ALCOHOL AND DRUGADDICTION TREATMENT | $20,000 |
| FEEDING SOUTH DAKOTA | ||||||
| 1401 N WESTPORT | SIOUX FALLS | SD | 57107 | 501(C)3 | FOOD FOR THE NEEDY | $90,000 |
| BISHOP DUDLEY HOUSE | ||||||
| 101 N INDIANA | SIOUX FALLS | SD | 57103 | 501(c)3 | SHELTER FORHOMELESS | $25,000 |
| ST VINCENT de PAUL (DIAPER MINISTRY | ||||||
| 431 N CLIFF AVE | SIOUX FALLS | SD | 57103 | 501(c)3 | DIAPERS | $15,000 |
| EXPONTENT PHILANTHROPY | ||||||
| 1720 N Street NW | Washington | DC | 20036 | 501(c)3 | OPERATIONS | $1,000 |
| CENTER FOR WESTERN STUDIES | ||||||
| 2201 S SUMMIT AVE | SIOUX FALLS | SD | 57197 | 501(c)3 | OPERATING | $10,000 |
| PROMISING FUTURE | ||||||
| 200 N CHERAPA PLACE | SIOUX FALLS | SD | 57103 | 501(c)3 | OPERATING | $20,000 |
| LUTHERAN SOCIAL SERVICES | ||||||
| 909 WEST 33RD STREET | SIOUX FALLS | SD | 57105 | 501(c)3 | MULTI CULURALCENTER | $50,000 |
| CHILDRENS HOME SOCIETY | ||||||
| 113 N ST PAUL AVE | SIOUX FALLS | SD | 57103 | 501(c)3 | OPERATIONS | $25,000 |
| HELP LINE | ||||||
| 3817 S ELMWOOD AVE | SIOUX FALLS | SD | 57105 | 501(c)3 | SUCIDE PREVENTION | $20,000 |
| UNITED WAY BROOKINGS | ||||||
| 908 HOPE DRIVE | BROOKINGS | SD | 57006 | 501(C)3 | OPERATING | $10,000 |
| UNITED WAY PIERRE | ||||||
| PO BOX 1111 | PIERRE | SD | 57501 | 501(c)3 | OPERATING | $10,000 |
| UNITED WAY MADISON | ||||||
| PO BOX 132 | MADISON | SD | 57042 | 501(c)c | OPERATING | $10,000 |
| UNITED WAY MITCHELL | ||||||
| 1920 N SANBORN BLVD | MITCHELL | SD | 57301 | 501(c)3 | OPERATING | $10,000 |
| UNITED WAY YANKTON | ||||||
| 920 BROADWAY AVE | YANKTON | SD | 57078 | 501(c)3 | OPERATING | $10,000 |
| UNITED WAY HURON | ||||||
| 405 DAKOTA AVE S | HURON | SD | 57350 | 501(c)3 | OPERATING | $10,000 |
| UNITED WAY ABERDEEN | ||||||
| 123 S 2ND ST | ABERDEEN | SD | 57401 | 501(c)3 | OPERATING | $10,000 |
| UNITED WAY RAPIED CITY | ||||||
| 621 6th STREET STE 100 | RAPID CITY | SD | 57701 | 501(c)3 | OPERATING | $10,000 |
| UNITED WAY VERMILLION | ||||||
| 9 COURT ST | VERMILLION | SD | 57069 | 501(c) | OPERATING | $10,000 |
| UNITED WAY WATERTOWN | ||||||
| 818 S BROADWAY | WATERTOWN | SD | 57201 | 501(c) | OPERATING | $10,000 |
| RED CROSS | ||||||
| 2925 E 57TH ST | SIOUX FALLS | SD | 57104 | 501(c) | DISASTER RELIEF | $50,000 |
| ABBOTT HOUSE | ||||||
| 909 COURT MERRILL ST | MITCHELL | SD | 57301 | 501(c) | FOSTER CARE | $100,000 |
| COMPASS CENTER | ||||||
| 2210 W BROWN PL | SIOUX FALLS | SD | 57105 | 501(c) | ABUSE COUNSELING | $25,000 |
| SHIFT GARAGE | ||||||
| 110 S KIWANIS AVE | SIOUX FALLS | SD | 57104 | 501(c) | OPERATING | $45,000 |
| MIDWEST STREET MEDICINE | ||||||
| 701 3 8TH STREET | SIOUX FALLS | SD | 57103 | 501(c)3 | HEALTH AND MEDICALCARE FORVULNERABLE POPULATION | $30,000 |
| SF YMCA LEIF ERICSON CAMP | ||||||
| 2301 E 26TH STREET | SIOU FALLS | SD | 57103 | 501(c)3 | DAY CAMP FOR AGES 6-9 | $50,000 |
| BOYS SCOUTS OF AMERICA | ||||||
| 800 N WEST AVE | SIOUX FALLS | SD | 57104 | 501(c)3 | OPERATING | $25,000 |
| ACTIVE GENERATIONS | ||||||
| 2300 W 46TH STREET | SIOUX FALLS | SD | 57105 | 501(c)3 | SPECIAL PROJECT LIBRARY ADDN | $35,000 |
| BOYS AND GIRLS CLUB | ||||||
| 2001 E 8TH STREET | SIOUX FALLS | SD | 57103 | 501(c)3 | NEW BUILDING FUND | $50,000 |
| FALL AREA SINGLE TRACK | ||||||
| PO BOX 90144 | SIOUX FALLS | SD | 57109 | 501(c)3 | BUILDING NEW TRAILS | $100,000 |
| WASHINGTON PAVILION | ||||||
| 301 S MAIN AVE | SIOUX FALLS | SD | 57104 | 501(c)3 | OPERATING | $25,000 |
| VOLUNTEERS OF AM | ||||||
| 1309 W 51ST STREET | SIOUX FALLS | SD | 57105 | 501(c)3 | CAPITAL CAMPAIGN | $50,000 |
| CUSTER STORE HOUSE | ||||||
| PO BOX 652 | CUSTER | SD | 57730 | 501(c)3 | OPERATING | $10,000 |
| CUSTER MINISTRIAL ALLIANCE | ||||||
| 257 BOOT HILL RD | CUSTER | SD | 57730 | 501(c)3 | OPERATING | $10,000 |
| GREAT PLAINS ZOO | ||||||
| 805 S KIWANIS AVE | SIOUX FALLS | SD | 57104 | 501(c)3 | NEW EXHIBITS | $750,000 |
| APRO CHARITABLE FOUDNATION | ||||||
| 8200 N MOPAX EXPRESSWAY | AUSTIN | TX | 78759 | 501(c)3 | DISASTER RELIEF | $5,000 |
| TEACH FOR AMERICA | ||||||
| 132 MAIN STREET | MISSION | SD | 57555 | 501(c)3 | PROVIDE TEACHERSFOR LAKOTA NATIONSINDIAN TRIBES | $50,000 |
| SIOUX EMPIRE HEALTH | ||||||
| 1305 W 18TH ST | SIOUX FALLS | SD | 57105 | 501(c) | MENTAL HEALTHSUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,428,707 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,823 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,288,142 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $612,135 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,905,100 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,905,100 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| RITA ELMEN ESTATE | |||||||
| 1 | 2901 W 11TH STREET | SIOUX FALLS | SD | 57105 | $695,111 | Yes (X) | |
| RITA ELMEN ESTATE | |||||||
| 2 | 2901 W 11TH STREET | SIOUX FALLS | SD | 57105 | $1,542,617 | Yes (X) | |
| RITA ELMEN ESTATE | |||||||
| 3 | 2901 W 11TH STREET | SIOUX FALLS | SD | 57104 | $14,883,917 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | COMMERCIAL RENTAL PROPERTY IN FARGO ND 25TH STREET | $1,302,363 | 2024-01-29 |
| 2 | COMMERICAL REAL ESTATE 32ND STREET FARGO ND | $240,254 | 2024-04-22 |
| 2 | AMAZON .COM INC 76,300 SHARES | $14,883,917 | 2024-07-12 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NORTHERN PAC RY CO GEN LIEN 3% | $358,651 | $639,459 |
| PUERTO RICO | $166,125 | $160,437 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES BRD USD INV GRD CORP BD USIG | $728,090 | $728,959 |
| isISHARES MSCI EMERGING MARKET ETF IEMG | $1,261,292 | $1,622,110 |
| ISHARES CORE S&P 500 ETF IVV | $20,828,161 | $26,903,853 |
| ISHARES CORE US AGGREGATE BOND AGG | $7,201,378 | $7,222,248 |
| ISHARES US TREA BOND ETF GOVT | $1,296,762 | $1,330,933 |
| REAL ESTATE SELECT SCTR SPDR XLRE | $4,289,687 | $4,701,208 |
| SPDR PORTFOLIO DVLPD SPEM | $4,102,943 | $4,046,001 |
| SPDR PORTFOLIO DVLPD WRLD EX US SPDW | $12,933,590 | $12,824,621 |
| SPDR PORTFOLIO S&P 400 SPMD | $3,719,834 | $5,778,272 |
| SPDR SERIES TR PORTFOLIO SHORT ETF SPSB SPSB | $1,766,223 | $1,785,926 |
| VANGUARD INTERMEDIATE TERM CORP BND VCIT VCIT | $922,676 | $922,704 |
| VANGUARD INTER TERM TREAS ETF VGIT | $332,838 | $335,298 |
| VANGUARD TOTAL BOND ETF BND | $5,240,246 | $5,289,556 |
| AMAZON AMZN | $18,311 | $16,739,457 |
| BERSHIRE HATHAWAY INC BRK | $247,288 | $983,618 |
| POET | $4,857,984 | $7,918,514 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| HY VEE GROCERY STORE BUILDING | $4,649,500 | $718,472 | $3,931,028 |
| EQIPMENT | $1,236,749 | $1,236,749 | $0 |
| PARKING LOT | $978,350 | $505,652 | $472,698 |
| LAND | $1,635,401 | $0 | $1,635,401 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DFA US MICRO CAP FD | $2,233,693 | $1,765,014 | $2,768,893 |
| DFA ONE TEAR FIXED INCOME INST | $4,019 | $0 | $0 |
| DEMSX EMERGING MARKETS SMALL CAP | $956,837 | $0 | $0 |
| DFA INTERNATIONAL SMALL COMPANY | $4,394,470 | $3,117,660 | $3,411,935 |
| DFA US SMALL CAP VALUE PORT | $6,202,299 | $4,182,136 | $7,494,201 |
| PIMCO FUNDS SENIOR FLOATING | $15,390 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DIFFERENCE IN DONOR BASIS AND FAIR MARKET VALUE OF GIFT OF AMAZON STOCK | $14,865,605 |
| PMTA LETTER 2022-01 PREVIOUSLY GIFTED STOCK ADJUSTED TO DONOR BASIS | $1,147,120 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CREATIVE PLANNING INC INVESTMENT | $275,626 | $275,626 | |
| THOMAS J. WHALEN ACCOUNTING AND TAX PRRP | $17,000 | $17,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES | $216,971 | $216,971 |
| FOREIGN TAXES | $5,743 | $5,743 |