EDWARD L SCHWAB MEMORIAL FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- EDWARD L SCHWAB MEMORIAL FOUNDATION (EIN 91-1770168)
- Tax period
- 2024-09-01 to 2025-08-31
- Filed
- 2025-10-14
- IRS object ID
- 202532879349100618
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Applied To Prior Year Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-14T12:54:33-05:00 | ReturnTs |
| Tax Period End | 2025-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450310328 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRADY MARTZ & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2257 3RD AVENUE WEST | AddressLine1Txt |
| City | DICKINSON | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911770168 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDWARD L SCHWAB MEMORIAL FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | DACOTAH BANK | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDWA | BusinessNameControlTxt |
| Phone | 6052255611 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1210 | AddressLine1Txt |
| City | ABERDEEN | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 574021210 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CASSIE BACKMAN | PersonNm |
| Person Title | MANAGER | PersonTitleTxt |
| Phone | 6052255611 | PhoneNum |
| Signature | 2025-10-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OAKLEY THOENY | PreparerPersonNm |
| PTIN | P01707107 | PTIN |
| Phone | 7014836000 | PhoneNum |
| Preparation | 2025-10-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,233,959 | 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 | $8,388 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $31,569 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,569 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $303,956 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $303,956 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $244,651 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $33,773 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $236,944 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $33,773 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $631 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $631 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $378,317 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $369,929 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $37,619 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $18,809 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $18,810 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $10 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $425 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $425 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $23,914 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,957 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $11,957 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $43,252 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $37,638 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,441 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,441 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $128,086 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $91,275 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $31,197 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $298,306 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $298,306 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $426,392 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $91,275 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $329,503 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$48,075 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $278,654 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $84,332 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $28,449 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $28,449 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $210,603 | CorporateStockBOYAmt |
| Corporate Stock EOY | $178,191 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $326,046 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $397,731 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $437,505 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $442,329 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $955,852 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $955,852 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $955,852 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $17,352,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $68,395 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $68,841 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $85,135 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,716,913 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,668,838 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,233,959 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $1,716,913 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,668,838 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,716,913 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,668,838 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,716,913 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,668,838 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,716,913 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$48,075 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,668,838 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,668,838 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| DAKOTAH BANK - ST SECURITIES | 2024-10-21 | 2025-05-28 | $18,198 | $19,877 | -$1,679 | -$1,679 | |
| DAKOTAH BANK - LT SECURITIES | 2017-04-03 | 2025-08-18 | $216,435 | $183,294 | $33,141 | $33,141 | |
| CAPITAL GAINS DIVIDENDS | $2,311 | $2,311 | $2,311 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $33,773 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,873 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,873 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,873 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,560 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,560 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $687 | OverpaymentAmt |
| Applied To ES Tax | $687 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | SD | 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 | DACOTAH BANK | IndividualWithBooksNm |
| Phone | 6052255611 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1210 | AddressLine1Txt |
| City | ABERDEEN | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 574021210 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| TOM LABRIE | ||||||||
| PO BOX 1210 | ABERDEEN | SD | 574021210 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| TAMMIE PAULSON | ||||||||
| PO BOX 1210 | ABERDEEN | SD | 574021210 | MEMBER | 0.50 | $0 | $0 | $0 |
| BARB DESNOYERS | ||||||||
| PO BOX 1210 | ABERDEEN | SD | 574021210 | SECRETARY/TREASURER | 0.50 | $0 | $0 | $0 |
| DAVID MORITZ | ||||||||
| PO BOX 1210 | ABERDEEN | SD | 574021210 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| MATT HOFMAN | ||||||||
| PO BOX 1210 | ABERDEEN | SD | 574021210 | MEMBER | 0.50 | $0 | $0 | $0 |
| DACOTAH BANK | ||||||||
| PO BOX 1210 | ABERDEEN | SD | 574021210 | MANAGER | 1.00 | $37,619 | $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 | $824,763 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $196,185 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $17,352,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,372,948 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,372,948 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $275,594 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,097,354 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $904,868 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $904,868 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,873 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,873 | TotalTaxAmt |
| Distributable Before Adj | $900,995 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $8,388 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $909,383 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $909,383 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $329,503 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $329,503 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $909,383 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $291,682 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $329,503 | QualifyingDistributionsAmt |
| Applied To Year1 | $291,682 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $37,821 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | 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 | $871,562 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CASSIE BACKMAN DACOTAH BANK | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1210 | AddressLine1Txt |
| City | ABERDEEN | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 574021210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6052297122 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION FORMS WILL BE DISTRIBUTED IN THE HIGH SCHOOLS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | 180 DAYS AFTER PUBLICATION NOTICE | SubmissionDeadlinesTxt |
| Restrictions On Awards | HENRY, WILLOW LAKE, CLARK, FLORANCE & HAMLIN COUNTY SCHOOL DISTRICTS | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AUGUSTANA UNIVERSITY | ||||||
| 2001 SOUTH SUMMIT AVENUE | SIOUX FALLS | SD | 57197 | UNIVERSITY | SCHOLARSHIPS | $12,233 |
| BLACK HILLS STATE UNIVERSITY | ||||||
| 1200 UNIVERSITY ST | SPEARFISH | SD | 57799 | UNIVERSITY | SCHOLARSHIPS | $6,933 |
| CASPER COLLEGE | ||||||
| 125 COLLEGE DR | CASPER | WY | 82601 | UNIVERSITY | SCHOLARSHIPS | $1,133 |
| CONCORDIA COLLEGE | ||||||
| 901 8TH ST S | MOORHEAD | MN | 56562 | UNIVERSITY | SCHOLARSHIPS | $1,133 |
| DAKOTA STATE UNIVERSITY | ||||||
| 820 N WASHINGTON AVE | MADISON | SD | 57042 | UNIVERSITY | SCHOLARSHIPS | $9,333 |
| DAKOTA WESLEYAN UNIVERSITY | ||||||
| 1200 W UNIVERSITY AVE | MITCHELL | SD | 57301 | UNIVERSITY | SCHOLARSHIPS | $2,900 |
| DORDT UNIVERSITY | ||||||
| 700 7TH ST NE | SIOUX CENTER | IA | 51250 | UNIVERSITY | SCHOLARSHIPS | $5,800 |
| EVANGEL UNIVERSITY | ||||||
| 1111 N GLENSTONE AVE | SPRINGFIELD | MO | 65802 | UNIVERSITY | SCHOLARSHIPS | $2,266 |
| GRAND CANYON UNIVERSITY | ||||||
| 3300 W CAMELBACK RD | PHOENIX | AZ | 85017 | UNIVERSITY | SCHOLARSHIPS | $1,767 |
| LAKE AREA TECHNICAL COLLEGE | ||||||
| 1201 ARROW AVE NE | WATERTOWN | SD | 57201 | UNIVERSITY | SCHOLARSHIPS | $69,460 |
| MINNESOTA STATE UNIVERSITY - MOORHEAD | ||||||
| 1104 7TH AVE S | MOORHEAD | MN | 56563 | UNIVERSITY | SCHOLARSHIPS | $2,900 |
| MITCHELL TECHNICAL INSTITUTE | ||||||
| 1800 EAST SPRUCE STREET | MITCHELL | SD | 57301 | UNIVERSITY | SCHOLARSHIPS | $10,466 |
| MOUNT MARTY COLLEGE | ||||||
| 1105 WEST 8TH STREET | YANKTON | SD | 57078 | UNIVERSITY | SCHOLARSHIPS | $13,865 |
| NORTH DAKOTA STATE UNIVERSITY | ||||||
| 1340 ADMINISTRATION AVE | FARGO | ND | 58102 | UNIVERSITY | SCHOLARSHIPS | $12,233 |
| NORTHERN STATE UNIVERSITY | ||||||
| 1200 SOUTH JAY STREET | ABERDEEN | SD | 57401 | UNIVERSITY | SCHOLARSHIPS | $4,033 |
| NORTHWESTERN COLLEGE | ||||||
| 101 7TH ST SW | ORANGE CITY | IA | 51041 | UNIVERSITY | SCHOLARSHIPS | $2,900 |
| PURDUE UNIVERSITY | ||||||
| 610 PURDUE MALL | WEST LAFAYETTE | IN | 47907 | UNIVERSITY | SCHOLARSHIPS | $1,133 |
| SOUTH DAKOTA SCHOOL OF MINES & TECHNOLOGY | ||||||
| 501 E SAINT JOSEPH ST | RAPID CITY | SD | 57701 | UNIVERSITY | SCHOLARSHIPS | $7,566 |
| SOUTH DAKOTA STATE UNIVERSITY | ||||||
| PO BOX 511 | BROOKINGS | SD | 57007 | UNIVERSITY | SCHOLARSHIPS | $86,993 |
| SOUTHEAST TECHNICAL COLLEGE | ||||||
| 2320 N CAREER AVE | SIOUX FALLS | SD | 57107 | UNIVERSITY | SCHOLARSHIPS | $2,531 |
| UNIVERSITY OF DUBUQUE | ||||||
| 2000 UNIVERSITY AVE | DUBUQUE | IA | 52001 | UNIVERSITY | SCHOLARSHIPS | $1,133 |
| UNIVERSITY OF NEBRASKA - LINCOLN | ||||||
| 1400 R STREET | LINCOLN | NE | 68588 | UNIVERSITY | SCHOLARSHIPS | $2,900 |
| UNIVERSITY OF NORTHWESTERN ST PAUL | ||||||
| 3003 SNELLING AVE N | ROSEVILLE | MN | 55113 | UNIVERSITY | SCHOLARSHIPS | $2,266 |
| UNIVERSITY OF SIOUX FALLS | ||||||
| 1101 WEST 22ND STREET | SIOUX FALLS | SD | 57105 | UNIVERSITY | SCHOLARSHIPS | $10,965 |
| UNIVERSITY OF SOUTH DAKOTA | ||||||
| 414 E CLARK STREET | VERMILLION | SD | 57069 | UNIVERSITY | SCHOLARSHIPS | $15,263 |
| US AIR FORCE ACADEMY | ||||||
| 2304 CADET DRIVE SUITE 3100 | USAF ACADEMY | CO | 808405002 | UNIVERSITY | SCHOLARSHIPS | $2,900 |
| NORTHERN ILLINOIS UNIVERSITY | ||||||
| 231 N ANNIE GLIDDEN RD | DEKALB | IL | 60115 | UNIVERSITY | SCHOLARSHIPS | $1,767 |
| UNIVERSITY OF MINNESOTA - TWIN CITIES | ||||||
| 100 CHURCH STREET SE | MINNEAPOLIS | MN | 55455 | UNIVERSITY | SCHOLARSHIPS | $1,767 |
| UNIVERSITY OF NORTH DAKOTA | ||||||
| 264 CENTENNIAL DRIVE STOP 8193 | GRAND FORKS | ND | 58202 | UNIVERSITY | SCHOLARSHIPS | $1,767 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $298,306 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,569 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $244,651 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $631 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $33,773 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $310,624 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $310,624 | 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 | ACCOUNTING | CategoryTxt |
| Amt | $850 | Amt |
| Net Investment Income | $425 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $425 | DisbursementsCharitablePrpsAmt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FROM THE TAX YEAR ENDING AUGUST 31, 2017 IN THE AMOUNT OF $26,346. | ElectionDesc |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $437,505 | EOYBookValueAmt |
| EOYFMV | $442,329 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | STOCK - COMMON | StockNm |
| EOY Book Value | $178,191 | EOYBookValueAmt |
| EOYFMV | $326,046 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS | FMV | $56,877 | $73,450 |
| MUTUAL FUNDS | FMV | $11,964 | $11,685 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $10 | LegalFeesAmt |
| Net Investment Income | $5 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT EXPENSE | $710 | $710 | $0 |
| FARM REIMBURSEMENTS | $21,422 | $21,422 | $0 |
| INSURANCE | $254 | $254 | $0 |
| MISCELLANEOUS EXPENSE | $55 | $55 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Revenue And Expenses Per Books | $631 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $631 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $631 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | APPRAISAL AND SURVEYING | CategoryTxt |
| Amt | $23,914 | Amt |
| Net Investment Income | $11,957 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $11,957 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL INCOME TAXES | $5,614 | $0 | $0 |
| FOREIGN TAXES PAID ON DIVIDEND INCOME | $64 | $64 | $0 |
| REAL ESTATE TAXES | $37,574 | $37,574 | $0 |