HORST RECHELBACHER FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HORST RECHELBACHER FOUNDATION (EIN 41-1956679)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-10
- IRS object ID
- 201713149349101171
- Schema version
- 2016v3.1
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-10T14:42:26-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411956679 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Horst Rechelbacher Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % James Greupner | InCareOfNm |
| Business Name Control | HORS | BusinessNameControlTxt |
| Phone | 6123376100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Washington Avenue S 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES GRUEPNER | PersonNm |
| Person Title | treasurer | PersonTitleTxt |
| Phone | 6123376100 | PhoneNum |
| Signature | 2017-10-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520173145000015 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-10 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0B775BB9C0E0C9DA339247063A24C50179569C8E | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 259C731B7C7CCB55DA46458F0098BC0D5A2501CB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,978,381 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,794 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,794 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $222,560 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $196,613 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$10,406 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $600,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $214,948 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $199,407 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $3,001 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,001 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $19,248 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $19,248 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $31,976 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $25,105 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,103 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,662 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $4,662 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $105 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $105 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $145,047 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $73,622 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $71,425 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $204,039 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $122,637 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $77,634 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $93,522 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $93,522 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $297,561 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $122,637 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $171,156 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$82,613 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $76,770 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,608,045 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,295,058 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,295,058 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $5,650 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $1,181,484 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,293,979 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,262,211 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $827,365 | CorporateStockBOYAmt |
| Corporate Stock EOY | $316,965 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $307,100 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,124,196 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,762,787 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,734,262 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,247,977 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $6,605 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,246,034 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,241,372 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,247,977 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $131,773 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $131,773 | LandBOYAmt |
| Land EOY | $131,773 | LandEOYAmt |
| Land EOYFMV | $131,773 | LandEOYFMVAmt |
| Total Assets BOY | $9,124,547 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,041,934 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,978,381 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $9,124,547 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,041,934 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,124,547 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,041,934 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,124,547 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,041,934 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,124,547 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$82,613 | ExcessRevenueOverExpensesAmt |
| Subtotal | $9,041,934 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $9,041,934 | 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 |
| Gross Sales Price | $600,000 | GrossSalesPriceAmt |
| Cost Or Other Basis | $600,006 | CostOrOtherBasisAmt |
| Gain Or Loss | -$6 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$6 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$6 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $121,857 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,216,003 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.028903 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,018,318 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $348,414 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 2.922724 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $665,136 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $242,794 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 2.739508 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $237,434 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $152,457 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 1.557383 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $491,359 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $319,476 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.538015 | DistributionYr5Rt |
| Total Distribution | 8.786533 | TotalDistributionRt |
| Average Distribution | 1.757307 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,816,358 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $15,493,048 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $768 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $15,493,816 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $171,156 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,535 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,535 | SubtotalAmt |
| Tax Based On Investment Income | $1,535 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,100 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,100 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $1,565 | OverpaymentAmt |
| Applied To ES Tax | $1,565 | 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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Greupner | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123376100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WASHINGTON AVENUE S STE 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55401 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 |
|---|---|---|---|---|---|---|---|---|
| James R Greupner | ||||||||
| 100 Washington Avenue S 1300 | Minneapolis | MN | 55401 | Dir / Sec / Treas | 5.0 | $0 | $0 | $0 |
| Linda Kiran Stordalen | ||||||||
| 100 Washington Avenue S 1300 | Minneapolis | MN | 55401 | Pres / Dir | 5.0 | $0 | $0 | $0 |
| Nicole MR Thomas | ||||||||
| 100 Washington Avenue S 1300 | Minneapolis | MN | 55401 | VP / Dir | 5.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd FL | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative Svcs | ServiceTypeTxt |
| Compensation | $71,400 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,140,796 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,561,844 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,247,977 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,950,617 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,950,617 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $134,259 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,816,358 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $440,818 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $440,818 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,535 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,535 | TotalTaxAmt |
| Distributable Before Adj | $439,283 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $439,283 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $439,283 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $171,156 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $171,156 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $171,156 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $439,283 | DistributableAsAdjustedAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $475,386 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $229,811 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $652,996 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,000,897 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $2,359,090 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $171,156 | QualifyingDistributionsAmt |
| Applied To Current Year | $171,156 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $268,127 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $268,127 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,090,963 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $207,259 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,883,704 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $229,811 | ExcessFromYear4Amt |
| Excess From Year3 | $652,996 | ExcessFromYear3Amt |
| Excess From Year2 | $1,000,897 | ExcessFromYear2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Linda Kiran Stordalen | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FRIENDS OF IMAGINE1DAY INC | |||||||
| 604 ARIZONA AVE STE NO 129 | SANTA MONICA | CA | 90401 | N/A | PC | General & Unrestricted | $3,000 |
| MACPHAIL CENTER FOR MUSIC | |||||||
| 501 S 2ND ST | MINNEAPOLIS | MN | 55401 | N/A | PC | MacPhail 6.0 Campaign | $10,000 |
| MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE | |||||||
| 528 HENNEPIN AVE 6TH FL | MINNEAPOLIS | MN | 55403 | N/A | PC | General & Unrestricted | $10,000 |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 200 OAK ST SE STE 500 | MINNEAPOLIS | MN | 55455 | N/A | PC | 2nd Half 2015 Funding for the HMR Pollinator Project | $34,277 |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 200 OAK ST SE STE 500 | MINNEAPOLIS | MN | 55455 | N/A | PC | Funding for the HMR Pollinator Project Site Plan | $36,245 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $93,522 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,794 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $222,560 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$10,406 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $214,948 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $214,948 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (25 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| LAND - PARCEL 042 | 2015-07-28 | $5,688 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $1,625 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $41,270 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $2,387 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $10,096 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $10,076 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $13,906 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $7,364 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $6,582 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $13,306 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $16,110 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $3,362 | L | |||||
| LAND - PARCEL 165 | 2015-07-28 | $27,202 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $46,022 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $13,149 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $333,909 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $19,313 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $81,690 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $112,508 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $59,583 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $53,255 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $107,660 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $130,342 | L | |||||
| LAND - PARCEL 042 | 2015-07-28 | $81,526 | L | |||||
| BLDG - PARCEL 042 | 2015-07-28 | $181,818 | SL | $1,943 | 39 | $4,662 | $4,662 | $4,662 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (21 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN EXPRESS CO - 5.200% - | $203,006 | $197,000 |
| BANK OF AMERICA CORP - PERPETU | $198,007 | $201,100 |
| BANK OF AMERICA CORP JR SUBORD | $216,505 | $209,000 |
| BNY MELLON PERPETUAL BOND - 4. | $101,506 | $100,625 |
| CAPITAL ONE FINANCIAL - 5.500% | $102,007 | $101,250 |
| CITIGROUP INC - 5.950% - 08/15 | $201,757 | $202,990 |
| CITIGROUP INC FIXED TO FLOAT - | $101,507 | $103,500 |
| CITIGROUP INC JR SUBORDINA 11/ | $152,256 | $151,313 |
| GENERAL ELECTRIC CO PERPETUAL | $210,873 | $207,540 |
| GOLDMAN SACHS - 5.700% - 05/10 | $204,255 | $205,000 |
| HSBC HOLDINGS PLC - 1.250% - 1 | $244,999 | $244,624 |
| JP MORGAN CHASE - 5.300% - 12/ | $202,506 | $204,112 |
| JPMORGAN CHASE & CO - 5.150% - | $144,756 | $142,875 |
| METLIFE - 5.250% - 12/31/2049 | $208,006 | $202,500 |
| MORGAN STANLEY DEP SHS - 5.550 | $152,631 | $151,688 |
| MORGAN STANLEY FXD FLTG - 5.45 | $201,506 | $198,500 |
| NATIONAL RURAL UTILITIES - 5.2 | $106,687 | $104,166 |
| U.S. BANCORP PERP - 5.125% - 1 | $203,257 | $204,000 |
| WELLS FARGO & CO NEW DEPOSITAR | $208,005 | $209,980 |
| WELLS FARGO - 2.000% - 04/29/2 | $244,999 | $241,749 |
| WELLS FARGO - 5.900% - 06/15/2 | $153,756 | $150,750 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US BANCORP PFD SER H - 5.15% - | $150,004 | $145,500 |
| WELLS FARGO - 5.200% - 12/31/2 | $122,841 | $115,600 |
| WELLS FARGO NON-CUM PERP CL A | $44,120 | $46,000 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $1,293,979 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,262,211 | StateLocalSecEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | Accumulated DepreciationAccumulatedDepreciationAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND - PARCEL 165 | $27,202 | $27,202 | ||
| LAND - PARCEL 042 | $46,022 | $46,022 | ||
| LAND - PARCEL 042 | $13,149 | $13,149 | ||
| LAND - PARCEL 042 | $333,909 | $333,909 | ||
| LAND - PARCEL 042 | $19,313 | $19,313 | ||
| LAND - PARCEL 042 | $81,690 | $81,690 | ||
| LAND - PARCEL 042 | $112,508 | $112,508 | ||
| LAND - PARCEL 042 | $59,583 | $59,583 | ||
| LAND - PARCEL 042 | $53,255 | $53,255 | ||
| LAND - PARCEL 042 | $107,660 | $107,660 | ||
| LAND - PARCEL 042 | $130,342 | $130,342 | ||
| LAND - PARCEL 042 | $81,526 | $81,526 | ||
| BLDG - PARCEL 042 | $181,818 | $175,213 | $6,605 | $181,818 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt |
|---|---|---|
| LAND - PARCEL 042 | $5,688 | $5,688 |
| LAND - PARCEL 042 | $1,625 | $1,625 |
| LAND - PARCEL 165 | $41,270 | $41,270 |
| LAND - PARCEL 165 | $2,387 | $2,387 |
| LAND - PARCEL 165 | $10,096 | $10,096 |
| LAND - PARCEL 165 | $10,076 | $10,076 |
| LAND - PARCEL 165 | $13,906 | $13,906 |
| LAND - PARCEL 165 | $7,364 | $7,364 |
| LAND - PARCEL 165 | $6,582 | $6,582 |
| LAND - PARCEL 165 | $13,306 | $13,306 |
| LAND - PARCEL 165 | $16,110 | $16,110 |
| LAND - PARCEL 165 | $3,362 | $3,362 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $3,001 | LegalFeesAmt |
| Disbursements Charitable Prps | $3,001 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $71,400 | $71,400 | |
| Property Maintenance | $73,622 | $73,622 | |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Investment Management Services | $18,396 | $18,396 |
| SECURITY SYSTEM SERVICES | $852 | $852 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 990-PF Estimated Tax for 2016 | $3,100 | ||
| 990-PF Extension for 2015 | $668 | ||
| Property Taxes | $28,208 | $25,105 | $3,103 |