HOMER I & PERSEPHONE B WATTS MEMORIAL TR: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HOMER I & PERSEPHONE B WATTS MEMORIAL TR (EIN 93-6082689)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-02
- IRS object ID
- 201723069349101147
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-02T19:00:40-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 GRANT STREET | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | 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 | 936082689 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMER IP B WATTS MEMORIAL TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WATT | BusinessNameControlTxt |
| Phone | 5034643580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK N A BY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 5034643580 | PhoneNum |
| Signature | 2017-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH J CASTRIANO | PreparerPersonNm |
| PTIN | P01251603 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2017-10-17 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 155.201.188.13 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F66726F6EA8B27F74E303EFB61A3B32E7ED76410 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7C7F02AA215A260659081F4F5D2671580239EC9F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $699,726 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $13,545 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $13,361 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,496 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $83,253 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,496 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,834 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $17,875 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $15,857 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $11,120 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $10,008 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,112 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $809 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $380 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $109 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $109 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,538 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,388 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,721 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $28,141 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $28,141 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $41,679 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,388 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $30,862 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$23,804 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,469 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$7,400 | CashBOYAmt |
| Cash EOY | $0 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $2,403 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,834 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,834 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $505,730 | CorporateStockBOYAmt |
| Corporate Stock EOY | $615,223 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $697,892 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $114,079 | CorporateBondsBOYAmt |
| Other Investments BOY | $26,279 | OtherInvestmentsBOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $641,091 | TotalAssetsBOYAmt |
| Total Assets EOY | $617,057 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $699,726 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $641,091 | CapitalStockBOYAmt |
| Capital Stock EOY | $617,057 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $641,091 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $617,057 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $641,091 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $617,057 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $641,091 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$23,804 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $617,287 | SubtotalAmt |
| Other Decreases | $230 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $617,057 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 161.654 ABERDEEN FDS EMRGN | 2013-09-17 | 2016-07-01 | $2,080 | $2,402 | -$322 | -$322 | |
| 117.074 AMER CENT DIVERSIFI BOND INS | 2012-04-26 | 2016-07-01 | $1,297 | $1,298 | -$1 | -$1 | |
| 42.161 BLACKROCK EMERGING MKTS L S EQTY IS | 2013-02-26 | 2016-07-01 | $410 | $444 | -$34 | -$34 | |
| 76.736 COLUMBIA INCOME FD CL Z | 2013-02-26 | 2016-07-01 | $778 | $807 | -$29 | -$29 | |
| 81.108 DOUBLELINE TOTAL RET BD I | 2014-10-20 | 2016-07-01 | $888 | $895 | -$7 | -$7 | |
| 442.79 DRIEHAUS SELECT CREDIT FUND | 2016-07-01 | $3,432 | $4,479 | -$1,047 | -$1,047 | ||
| 57.671 NUVEEN SANTA BARBARA DIV GROWTH FD I | 2012-04-26 | 2016-07-01 | $1,994 | $1,540 | $454 | $454 | |
| 102.534 NUVEEN HIGH INCOME BOND FD CL I | 2014-10-20 | 2016-07-01 | $743 | $906 | -$163 | -$163 | |
| 68.992 NUVEEN INFLATION PRO SEC CL I | 2011-05-25 | 2016-07-01 | $794 | $751 | $43 | $43 | |
| 394.423 ROBECO BOSTON PARTNERS L S RSRCH | 2013-02-26 | 2016-07-01 | $5,818 | $4,946 | $872 | $872 | |
| 223.831 ROWE T PRICE INTL FDS INC INTL BD FD | 2012-04-26 | 2016-07-01 | $2,066 | $2,190 | -$124 | -$124 | |
| 228.848 TCW EMERGING MARKETS INCOME FUND | 2013-02-26 | 2016-07-01 | $1,872 | $2,127 | -$255 | -$255 | |
| 32.934 VANGUARD EQUITY INCOME ADM | 2012-04-26 | 2016-07-01 | $2,170 | $1,631 | $539 | $539 | |
| 44.494 NUVEEN SANTA BARBARA DIV GROWTH FD I | 2012-04-26 | 2016-09-01 | $1,569 | $1,188 | $381 | $381 | |
| 28.041 VANGUARD EQUITY INCOME ADM | 2012-04-26 | 2016-09-01 | $1,883 | $1,389 | $494 | $494 | |
| 2558.975 DRIEHAUS SELECT CREDIT FUND | 2017-02-16 | $20,395 | $25,581 | -$5,186 | -$5,186 | ||
| 3213.212 NUVEEN HIGH INCOME BOND FD CL I | 2017-03-22 | $25,127 | $28,183 | -$3,056 | -$3,056 | ||
| CAPITAL GAIN DIVIDENDS | $9,937 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,496 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $38,173 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $655,850 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.058204 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $69,386 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $744,087 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.09325 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $26,671 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $750,337 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.035545 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $40,849 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $718,787 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05683 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $33,754 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $687,861 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049071 | DistributionYr5Rt |
| Total Distribution | 0.2929 | TotalDistributionRt |
| Average Distribution | 0.05858 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $662,164 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $38,790 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $55 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $38,845 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $30,862 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $109 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $109 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $109 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $396 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $0 | AppliedToEsTaxAmt |
| Total Payments And Credits | $396 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $287 | OverpaymentAmt |
| Applied To ES Tax | $112 | AppliedToESTaxAmt |
| Refund | $175 | RefundAmt |
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 | OR | 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 | US BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5034643580 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | 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 | 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3168 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $11,120 | CompensationAmt |
| 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 |
| 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 | $666,649 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,599 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $672,248 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $672,248 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,084 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $662,164 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $33,108 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $33,108 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $109 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $109 | TotalTaxAmt |
| Distributable Before Adj | $32,999 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,834 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $34,833 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $34,833 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $30,862 | 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 | $30,862 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $30,862 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $34,833 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| 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 | $3,508 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,508 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $30,862 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $30,862 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $3,508 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $3,508 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $463 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| 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) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MR MELVIN SCHMIDTGALL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 533 | AddressLine1Txt |
| City | ATHENA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5415663578 | RecipientPhoneNum |
| Form And Info And Materials | CONTACT ABOVE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | CONTACT ABOVE | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE HOMER I & PERSEPHONE B WATTS FOUNDATION IS A BROAD, CHARITABLE PURPOSE FUND WHICH ALSO PROVIDES SCHOLARSHIP ASSISTANCE TO INDIVIDUALS WHO ARE RESIDENTS OF UMATILLA COUNTY, OREGON. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| BLUE MT COMMUNITY FDN | ||||||||
| PO BOX 603 | WALLA WALLA | WA | 99362 | NONE | PC | GENERAL OPERATING | $2,784 | |
| CALEDONIAN GAMES ORGANIZATION | ||||||||
| PO BOX 161 | ATHENA | OR | 97813 | NONE | PC | GENERAL OPERATING | $500 | |
| ATHENA ELEMENTARY SCHOOL | ||||||||
| 375 S 5TH ST | ATHENA | OR | 97813 | NONE | GOV | GENERAL SUPPORT | $500 | |
| ATHENA SCHOOL DISTRICT | ||||||||
| 540 E MAIN STREET | ATHENA | OR | 97813 | NONE | GOV | GENERAL OPERATING | $554 | ATTN ELIZABETH MCINTYRE |
| UNIVERSITY OF WASHINGTON | ||||||||
| PO BOX 355880 | SEATTLE | WA | 981955880 | NONE | I | SCHOLARSHIPS | $1,500 | |
| ATHENA MAIN STREET ASSOCIATION | ||||||||
| PO BOX 333 | ATHENA | OR | 978130333 | NONE | PC | GENERAL OPERATING | $5,000 | |
| WASHINGTON STATE UNIVERSITY | ||||||||
| PO BOX 641039 | PULLMAN | WA | 991641039 | NONE | I | SCHOLARSHIPS | $1,200 | |
| EASTERN OREGON UNIVERSITY | ||||||||
| ONE UNIVERSITY BLVD | LA GRANDE | OR | 97850 | NONE | I | SCHOLARSHIPS | $1,500 | |
| GRAND CANYON UNIVERSITY | ||||||||
| 3300 W CAMEL BACK RD | PHOENIX | AZ | 85017 | NONE | I | SCHOLARSHIPS | $1,200 | |
| OREGON STATE UNIVERSITY | ||||||||
| POBOX 1086 | CORVALLIS | OR | 97339 | NONE | I | SCHOLARSHIPS | $8,700 | |
| PACIFIC UNIVERSITY | ||||||||
| 2043 COLLEGE WAY | FOREST GROVE | OR | 97116 | NONE | I | SCHOLARSHIPS | $1,500 | |
| WALLA WALLA COMMUNITY COLLEGE | ||||||||
| 500 TAUSICK WAY | WALLA WALLA | WA | 99362 | NONE | I | SCHOLARSHIPS | $2,700 | |
| WESTON-MCEWEN HIGH SCHOOL | ||||||||
| 540 E MAIN ST | ATHENA | OR | 97813 | NONE | GOV | SCHOLARSHIPS | $503 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $28,141 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,545 | 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 | $2,496 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF PRIOR YE | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $1,834 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $17,875 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $17,875 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $1,500 | Amt |
| Disbursements Charitable Prps | $1,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm |
|---|
| AMER CENT DIVERSIFIED BD INS |
| NUVEEN HIGH INCOME BD FD |
| T ROWE PRICE INTL BD FD |
| DOUBLELINE TOTAL RET BD I |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (41 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NUVEEN REAL ESTATE SEC | ||
| NUVEEN INFLATION PRO SEC | ||
| ABERDEEN FDS EMRGN MKT | ||
| AMER EUROPACIFIC GRTH F2 | ||
| LAUDUS INTL MARKETMASTERS FD | ||
| NUVEEN SANTA BARBARA DIV GRWTH | ||
| T ROWE PRICE GRWTH STK FD | ||
| T ROWE PRICE MID-CAP GRWTH FD | ||
| SCOUT INTL FD | ||
| T ROWE PRICE SC STOCK | ||
| VANGUARD EQUITY INCOME | ||
| BLACKROCK EMERGING MKTS L S EQ | ||
| COLUMBIA INCOME FD | ||
| CREDIT SUISSE COMM RET ST CO | ||
| DRIEHAUS SELECT CREDIT FUND | ||
| PRINCIPAL GL R E SEC INS | ||
| ROBECO BP LNG SHRT RES INS | ||
| TCW EMERGING MKTS INCOME FD | ||
| 262028855 DRIEHAUS ACTIVE INCO | $33,402 | $33,340 |
| 464287465 ISHARES MSCI EAFE ET | $13,195 | $14,540 |
| 22544R305 CREDIT SUISSE COMM R | $19,663 | $14,086 |
| 670678507 NUVEEN REAL ESTATE S | $10,055 | $10,810 |
| 74925K581 ROBECO BOSTON PARTNE | $17,032 | $21,759 |
| 67065W639 NUVEEN SANTA BARBARA | $34,985 | $50,513 |
| 921921300 VANGUARD EQUITY INCO | $34,076 | $49,500 |
| 19765N518 COLUMBIA INCOME FD C | $34,786 | $33,826 |
| 779572106 T ROWE PRICE SMALL C | $21,534 | $29,004 |
| 670690387 NUVEEN INFLATION PRO | $12,635 | $12,937 |
| 74254V273 PRINCIPAL GL R E SEC | $10,132 | $11,150 |
| 741479109 PRICE T ROWE GROWTH | $32,643 | $54,769 |
| 091936690 BLACKROCK EMERGING M | $21,535 | $19,612 |
| 003021714 ABERDEEN FDS EMRGN | $37,754 | $39,175 |
| 87234N765 TCW EMERGING MARKETS | $14,744 | $13,628 |
| 258620103 DOUBLELINE TOTAL RET | $34,282 | $33,206 |
| 29875E100 AMERICAN EUROPACIFIC | $41,336 | $54,727 |
| 77956H104 T ROWE PRICE INTL BO | $13,977 | $12,733 |
| 779556109 ROWE T PRICE MID-CAP | $25,296 | $36,661 |
| 464288513 ISHARES IBOXX HIGH Y | $27,171 | $27,843 |
| 024932600 AMER CENT DIVERSIFI | $34,345 | $33,580 |
| 808509640 LAUDUS INTERNATIONAL | $41,143 | $53,966 |
| 81063U503 SCOUT INTERNATIONAL | $49,502 | $36,527 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt |
|---|
| DRIEHAUS ACTIVE INCOME FUND |
| ISHARES MSCI EAFE ETF |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| MUTUAL FUND TIMING ADJUSTMENT | $214 |
| ROUNDING ADJUSTMENT | $16 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHARITABLE STATE FILING FEE | Desc |
| Revenue And Expenses Per Books | $109 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $109 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF PRIOR YEAR GRANTS | Desc |
| Revenue And Expenses Per Books | $1,834 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $373 | $373 | $0 |
| FEDERAL TAX PAYMENT - PRIOR YE | $33 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $396 | $0 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $7 | $7 | $0 |