JOHN M & SUSAN MORRISON FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- JOHN M & SUSAN MORRISON FOUNDATION (EIN 65-6254131)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-15
- IRS object ID
- 201733199349102693
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T13:44:55-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | 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 SUITE 1100 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 656254131 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN M & SUSAN MORRISON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 7635125291 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3093 FORT CHARLES DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN MORRISON | PersonNm |
| Person Title | TRUSTEE/CHAIR/TREASURER | PersonTitleTxt |
| Phone | 7635125291 | PhoneNum |
| Signature | 2017-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TODD A JACKSON | PreparerPersonNm |
| PTIN | P00092672 | PTIN |
| Phone | 6123324300 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.171.131.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-07 | IPDt |
| IP Tm | 08:53:49 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6FF278F11E9F5A6EDAD86B49ED51D7DED2B93513 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5AB5DFEC54AF030231DDAA57F2AFD57D98013E0B | 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 | $11,896,840 | 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 |
| Dividends Rev And Expnss | $254,503 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $254,503 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,625 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,760,953 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,625 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,331 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,331 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $266,459 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $266,459 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $17,658 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $8,829 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $8,829 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,760 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,380 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,380 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $21,695 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $21,672 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $23 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $78,575 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,127 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $124,688 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $35,008 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,232 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $751,075 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,017,521 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $875,763 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $35,008 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,029,753 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$609,304 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $231,451 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $68,601 | CashBOYAmt |
| Cash EOY | $56,821 | CashEOYAmt |
| Cash EOYFMV | $56,821 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $145,756 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $131,494 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $131,494 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,931,027 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $6,807,506 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,155,271 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,708,525 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $8,952,890 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,343,586 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,896,840 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $8,952,890 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,343,586 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,952,890 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,343,586 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,952,890 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,343,586 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,952,890 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$609,304 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,343,586 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,343,586 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $4,743,617 | $4,750,328 | -$6,711 | -$6,711 | |
| CAPITAL GAINS DIVIDENDS | $17,336 | $17,336 | $17,336 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,625 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $698,746 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $9,215,901 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.075820 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $366,500 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,684,876 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.099461 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $505,535 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $572,103 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.883643 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $443,634 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $564,392 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.786039 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $445,544 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $242,210 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.839495 | DistributionYr5Rt |
| Total Distribution | 3.684458 | TotalDistributionRt |
| Average Distribution | 0.736892 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,677,555 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,605,097 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,315 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,607,412 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,029,753 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,629 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,629 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,629 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $37,960 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $37,960 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $11 | EsPenaltyAmt |
| Overpayment | $33,320 | OverpaymentAmt |
| Applied To ES Tax | $15,000 | AppliedToESTaxAmt |
| Refund | $18,320 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | 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 |
| Individual With Books | SHEILA BECKER | IndividualWithBooksNm |
| Phone | 7635125294 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 945 WINNETKA AVENUE NORTH SUITE 145 | AddressLine1Txt |
| City | GOLDEN VALLEY | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554274577 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN M MORRISON | ||||||||
| 3093 FORT CHARLES DRIVE | NAPLES | FL | 34102 | TRUSTEE/CHAIR/TREASURER | 1.00 | $0 | $0 | $0 |
| SUSAN M MORRISON | ||||||||
| 3093 FORT CHARLES DRIVE | NAPLES | FL | 34102 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| JANICE GRASER | ||||||||
| 945 WINNETKA AVENUE N SUITE 145 | GOLDEN VALLEY | MN | 55427 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| JOHN M MORRISON JR | ||||||||
| 90 CHARTER ROAD | ACTON | MA | 01720 | ADVISORY TRUSTEE | 0.01 | $0 | $0 | $0 |
| JULIE MORRISON | ||||||||
| 130 MANOR CIRCLE | ORONO | MN | 55356 | ADVISORY TRUSTEE | 0.01 | $0 | $0 | $0 |
| JEANNE M COOK | ||||||||
| 6093 WOOD HILL LANE | INDEPENDENCE | MN | 55359 | ADVISORY TRUSTEE | 0.01 | $0 | $0 | $0 |
| MARY S MORRISON | ||||||||
| 1332 ASTURIA AVENUE | CORAL GABLES | FL | 33134 | ADVISORY TRUSTEE | 0.01 | $0 | $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 | $11,555,913 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $299,473 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,855,386 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,855,386 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $177,831 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,677,555 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $583,878 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $583,878 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,629 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,629 | TotalTaxAmt |
| Distributable Before Adj | $579,249 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $579,249 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $579,249 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,029,753 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,029,753 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,029,753 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $579,249 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $433,987 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $416,061 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $477,665 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $183,750 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $275,893 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,787,356 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,029,753 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $579,249 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $450,504 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,237,860 | 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 | $433,987 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,803,873 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $416,061 | ExcessFromYear4Amt |
| Excess From Year3 | $477,665 | ExcessFromYear3Amt |
| Excess From Year2 | $183,750 | ExcessFromYear2Amt |
| Excess From Year1 | $275,893 | ExcessFromYear1Amt |
| Excess From Current Year | $450,504 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN M MORRISON | ContributingManagerNm |
| Contributing Manager | SUSAN M MORRISON | 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 |
|---|---|---|---|---|---|---|---|
| CAROLYN GLASOE BAILEY FOUNDATION | |||||||
| 1925 CENTURY PARK E SUITE 400 | LOS ANGELES | CA | 90067 | NONE | PC | PROGRAM SUPPORT | $3,000 |
| ST CATHERINE UNIVERSITY | |||||||
| 2004 RANDOLPH AVE | ST PAUL | MN | 55105 | NONE | PC | PROGRAM SUPPORT - EDUCATIONAL | $400,000 |
| ST PAUL SEMINARY | |||||||
| 2260 SUMMIT AVENUE | ST PAUL | MN | 55105 | NONE | PC | PROGRAM SUPPORT - RELIGIOUS - SHEPHARDS CAMPAIGN SUPPORT | $99,941 |
| UNIVERSITY OF ST THOMAS | |||||||
| 2115 SUMMIT AVENUE | ST PAUL | MN | 55105 | NONE | PC | PROGRAM SUPPORT - EDUCATIONAL | $509,581 |
| YOUTH FRONTIERS | |||||||
| 6009 EXCELSIOR BLVD | MINNEAPOLIS | MN | 55416 | NONE | PC | PROGRAM SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,017,522 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $254,503 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,331 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,625 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $266,459 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $266,459 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREP FEES | CategoryTxt |
| Amt | $6,760 | Amt |
| Net Investment Income | $3,380 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,380 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (114 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JPMORGAN CHASE & VAR 99 DUE 12/31/99 | $222,303 | $218,138 |
| AEGON NV 6.5% | $90,574 | $91,665 |
| BANK OF AMERICA C VAR 99 | $236,741 | $237,944 |
| CITIGROUP INC VAR 99 | $275,630 | $280,813 |
| E-TRADE FINANCIAL VAR 99 | $61,684 | $63,300 |
| GMAC CAPITAL T 8.125%PFD | $103,129 | $104,800 |
| GOLDMAN SACHS GRO VAR 99 | $130,992 | $130,156 |
| HSBC HLDGS PLC 6.2% PFD | $96,445 | $98,963 |
| IBERIABANK COR 6.6% PFD | $39,939 | $41,537 |
| KEYCORP INC VAR 99 | $48,011 | $50,938 |
| L BRANDS INC 6.95%33 | $60,801 | $58,050 |
| NUSTAR LOGISTI 7.625%PFD | $39,009 | $38,325 |
| NUSTAR ENERGY 8.5% PFD | $13,454 | $13,065 |
| CALLON PETROLEU 10% PFD | $63,849 | $62,760 |
| CHS INC. 6.75% PFD | $61,503 | $65,044 |
| CHS INC. 7.1% PFD | $19,459 | $20,594 |
| T C F FINANCIA 7.5% PFD | $64,748 | $63,322 |
| CHIMERA INVESTME 8% PFD | $47,827 | $48,621 |
| VIACOM INC VAR 57 | $50,775 | $52,000 |
| APOLLO GLOBA 6.375% PFD | $49,965 | $51,480 |
| DISCOVER FINAN 6.5% PFD | $41,006 | $41,248 |
| TWO HARBORS 8.125% PFD | $37,525 | $41,625 |
| WENDY'S INTL | $53,431 | $53,678 |
| ENTERPRISE PRODUC VAR 66 | $50,085 | $50,125 |
| NATIONAL GENER 7.5%PFD | $25,018 | $25,876 |
| SUMMIT HOTEL 7.875% PFD | $51,305 | $51,680 |
| DEUTSCH BK C 6.55% PFD | $8,834 | $8,883 |
| MAIDEN HOLDI 7.125% PFD | $7,791 | $7,944 |
| AMAZON.COM INC | $26,976 | $32,912 |
| ORACLE CORP | $0 | $0 |
| CBS CORP CL B NEW | $0 | $0 |
| COMCAST CORP CL A NEW | $24,360 | $31,136 |
| DOLLAR GENERAL CORP | $0 | $0 |
| LOWES COS INC | $0 | $0 |
| HOME DEPOT | $24,454 | $27,612 |
| MOHAWK INDUSTRIES INC | $0 | $0 |
| PVH CORP | $0 | $0 |
| ROYAL CARIBBEAN CRUISES LD | $0 | $0 |
| NIKE INC CL B | $26,608 | $29,500 |
| PRICELINE GROUP INC | $27,810 | $33,669 |
| ALTRIA GROUP INC | $28,525 | $29,788 |
| CHURCH & DWIGHT INC | $25,092 | $28,534 |
| CVS HEALTH CORP | $0 | $0 |
| PEPSICO INC | $23,036 | $30,604 |
| CONOCOPHILLIPS | $22,701 | $23,079 |
| AMERICAN INTL GROUP INC | $0 | $0 |
| CHUBB LIMITED | $26,068 | $29,802 |
| CITIGROUP INC | $14,384 | $21,736 |
| DISCOVER FINANCIAL SVCS | $27,352 | $31,095 |
| KEYCORP NEW | $17,410 | $26,704 |
| MORGAN STANLEY GRP INC | $13,813 | $22,280 |
| AETNA INC NEW | $0 | $0 |
| ALEXION PHARMACEUTICAL | $9,880 | $10,341 |
| BAXTER INTERNATIONAL | $29,077 | $33,297 |
| BRISTOL-MYERS SQUIBB CO | $10,209 | $11,144 |
| DANAHER CORP | $28,296 | $29,536 |
| LILLY ELI & CO | $27,337 | $29,628 |
| DENTSPLY SIRONA INC | $0 | $0 |
| PFIZER INC | $0 | $0 |
| THERMO FISHER SCIENTIFIC | $25,393 | $30,532 |
| NIELSEN HOLDINGS PLC | $0 | $0 |
| RAYTHEON CO NEW | $0 | $0 |
| XYLEM INC | $0 | $0 |
| FORTIVE CO | $19,687 | $20,272 |
| JB HUNT TRANSPORT SVCS | $20,317 | $21,931 |
| RAYTHEON CO NEW | $25,533 | $32,296 |
| UNION PACIFIC CORP | $27,677 | $28,316 |
| ALPHABET INC CLASS C | $38,491 | $48,162 |
| APPLE INC | $22,324 | $34,564 |
| BROADCOM LTD | $19,529 | $29,131 |
| CDW CORP/DE | $0 | $0 |
| NXP SEMICONDUCTORS NV | $0 | $0 |
| FIDELITY NATL INFO SVCS | $33,288 | $35,868 |
| MICROSOFT CORP | $39,488 | $42,391 |
| VISA INC | $32,699 | $37,512 |
| DOW CHEMICAL | $28,354 | $30,904 |
| AMERICAN WATER WORKS | $16,604 | $17,928 |
| EDISON INTERNATIONAL | $18,004 | $19,547 |
| ACCOR | $0 | $0 |
| BRIDGESTONE CORP ADR | $0 | $0 |
| KINGFISHER ORD | $0 | $0 |
| NISSAN MOTOR | $0 | $0 |
| PANDORA A/S ADR | $0 | $0 |
| TATA MOTORS LTD ADR | $0 | $0 |
| UNILEVER NV | $0 | $0 |
| ENCANA CORP | $7,841 | $6,363 |
| ENI S.P.A. ADR | $18,140 | $17,284 |
| SINOPEC/CHINA PETE&CHM ADR | $0 | $0 |
| BNP PARIBAS SPON ADR | $0 | $0 |
| DBS GROUP HLDGS LTD ADR | $0 | $0 |
| HSBC HLDGS PLC ADR | $0 | $0 |
| ING GROEP NV CVA NTFL | $0 | $0 |
| MEDIOBANCA SPA ADR | $0 | $0 |
| NORDEA BANK AB | $17,764 | $20,256 |
| ORIX CORP | $0 | $0 |
| RSA INS GRP INC SPON ADR | $0 | $0 |
| SIAM COMM BAK UNSP ADR | $0 | $0 |
| WHARF HOLDINGS ADR | $0 | $0 |
| ASTRAZENECA PLC | $0 | $0 |
| OTSUKA HOLDINGS CO LTD | $0 | $0 |
| SHIONOGI & CO LTD | $0 | $0 |
| SHIRE PLC GRP .05 | $0 | $0 |
| ALIBABA GROUP HOLDINGS LTD | $9,961 | $16,908 |
| ATOS | $0 | $0 |
| ERICSSON LM TEL CO CL B | $0 | $0 |
| NOKIA AB ORD SHS | $0 | $0 |
| RIO TINTO LTD | $9,624 | $13,349 |
| CHINA TELECOM ADR | $0 | $0 |
| ELECTRIC PWR DEV CORP | $0 | $0 |
| ENAGAA AS | $0 | $0 |
| TOKYA GAS LTD ADR | $0 | $0 |
| OW LARGE CAP STRATEGIES FD | $1,378,909 | $1,548,402 |
| MIDWESTONE FINANCIAL GROUP | $3,157,348 | $6,293,373 |
| OW STRATEGIC OPPTYS FUND | $703,075 | $778,265 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | L&P FEES | CategoryTxt |
| Legal Fees | $17,658 | LegalFeesAmt |
| Net Investment Income | $8,829 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,829 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHP DISTRIBUTIONS | $1,133 | $1,133 | $1,133 |
| CLASS ACTION LAWSUIT PROCEEDS | $198 | $198 | $198 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BROKER ACCOUNT FEES | $21,672 | $21,672 | $0 |
| BANK FEES | $23 | $0 | $23 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX WITHHELD | $1,127 | $1,127 | $0 |
| 2016 FEDERAL TAX ESTIMATES PAID | $37,960 | $0 | $0 |
| 2015 FEDERAL TAX PAID | $39,488 | $0 | $0 |