HERBST FAMILY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- HERBST FAMILY FOUNDATION (EIN 36-4333045)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-06-11
- IRS object ID
- 201521629349100412
- Schema version
- 2014v5.0
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-06-11T18:46:24-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 860683059 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEACHFLEISCHMAN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 64130 | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 857284130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364333045 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERBST FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERB | BusinessNameControlTxt |
| Phone | 3123165085 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 N LAKE SHORE DRIVE NO 5C | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ARTHUR L HERBST | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3123165085 | PhoneNum |
| Signature | 2015-06-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID J COHEN CPA | PreparerPersonNm |
| PTIN | P00137897 | PTIN |
| Phone | 5203214600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,265,344 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $17,875 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,875 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$18,126 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $457,737 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $15,433 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,427 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $15,182 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $26,302 | 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 |
| Accounting Fees Rev And Expnss | $1,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $900 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $900 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $11 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,110 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,894 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $216 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,921 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,805 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,116 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $48,625 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $48,625 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $53,546 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,805 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $49,741 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$38,364 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $22,497 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $225,980 | CashBOYAmt |
| Cash EOY | $312,430 | CashEOYAmt |
| Cash EOYFMV | $312,430 | CashEOYFMVAmt |
| Corporate Stock BOY | $664,133 | CorporateStockBOYAmt |
| Corporate Stock EOY | $429,198 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $782,399 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $62,648 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $172,874 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $170,515 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $952,761 | TotalAssetsBOYAmt |
| Total Assets EOY | $914,502 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,265,344 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,222 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,222 | 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 | $952,761 | RetainedEarningBOYAmt |
| Retained Earning EOY | $913,280 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $952,761 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $913,280 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $952,761 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $914,502 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $952,761 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$38,364 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,697 | OtherIncreasesAmt |
| Subtotal | $917,094 | SubtotalAmt |
| Other Decreases | $3,814 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $913,280 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| 1,800 SHS ALLIANCEBERNSTEIN HOLDING LP | P | $43,649 | $34,972 | $8,677 | $8,677 |
| 1,000 SHS ELLINGTON FINANCIAL LLC | P | $20,749 | $22,694 | -$1,945 | -$1,945 |
| 1,000 SHS ELLINGTON FINANCIAL LLC | P | $20,750 | $23,450 | -$2,700 | -$2,700 |
| 750 SHS KINDER MORGAN ENERGY PARTNERS | P | $55,896 | $55,411 | $485 | $485 |
| 925 SHS TERRA NITROGEN CO. LTD | P | $121,338 | $142,116 | -$20,778 | -$20,778 |
| PUBLICLY TRADED SECURITIES | $195,284 | $197,220 | -$1,936 | -$1,936 | |
| CAPITAL GAINS DIVIDENDS | P | $71 | $71 | $71 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$18,126 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $63,546 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,186,464 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053559 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $63,012 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,098,856 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.057343 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $60,853 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,214,399 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050110 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $61,365 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,185,619 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.051758 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $43,240 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $926,951 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046648 | DistributionYr5Rt |
| Total Distribution | 0.259418 | TotalDistributionRt |
| Average Distribution | 0.051884 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,287,191 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $66,785 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $225 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $67,010 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $49,741 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $450 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $450 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $450 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $926 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $926 | TotalPaymentsAndCreditsAmt |
| Overpayment | $476 | OverpaymentAmt |
| Applied To ES Tax | $476 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR ARTHUR L HERBST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123165085 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 N LAKE SHORE DRIVE NO 5C | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DR ARTHUR L HERBST | ||||||||
| 4451 N CAMINO SUMO | TUCSON | AZ | 85718 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| LEE G HERBST | ||||||||
| 4451 N CAMINO SUMO | TUCSON | AZ | 85718 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| ARTHUR L HERBST JR | ||||||||
| 1816 N LINCOLN PARK W | CHICAGO | IL | 60614 | DIRECTOR | 1.00 | $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 | $1,092,464 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $158,238 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $56,091 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,306,793 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,306,793 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,602 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,287,191 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $64,360 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $64,360 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $450 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $901 | IncomeTaxAmt |
| Total Tax | $1,351 | TotalTaxAmt |
| Distributable Before Adj | $63,009 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $63,009 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $63,009 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $49,741 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $49,741 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $49,741 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $63,009 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $3,336 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $587 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $10,541 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,993 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $19,457 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $49,741 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $49,741 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $13,268 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $13,268 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,189 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,189 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,196 | ExcessFromYear2Amt |
| Excess From Year1 | $4,993 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ARTHUR L HERBST | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN HUMANIST ASSOCIATION | |||||||
| 1777 T STREET NW | WASHINGTON | DC | 20009 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $300 |
| AMNESTY INTERNATIONAL | |||||||
| 5 PENN PLAZA | NEW YORK | NY | 10001 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $200 |
| ARIZONA PUBLIC MEDIA | |||||||
| PO BOX 210067 | TUCSON | AZ | 85721 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $400 |
| ARIZONA STATE MUSEUM | |||||||
| PO BOX 210026 | TUCSON | AZ | 85721 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $150 |
| ARIZONA THEATRE COMPANY | |||||||
| 343 S SCOTT AVENUE | TUCSON | AZ | 85701 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $500 |
| ART INSTITUTE OF CHICAGO | |||||||
| 111 S MICHIGAN AVENUE | CHICAGO | IL | 60603 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $185 |
| CHAPIN SCHOOL | |||||||
| 100 E END AVENUE | NEW YORK | NY | 10028 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $1,500 |
| CHICAGO FOUNDATION FOR EDUCATION | |||||||
| 1 N LASALLE STREET 1675 | CHICAGO | IL | 60602 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $200 |
| CHICAGO HUMANITIES FESTIVAL | |||||||
| 500 N DEARBORN | CHICAGO | IL | 60654 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| CHICAGO SYMPHONY ORCHESTRA | |||||||
| 220 S MICHIGAN AVENUE | CHICAGO | IL | 60604 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $3,500 |
| COLLEGIATE SCHOOL | |||||||
| 260 W 78TH STREET | NEW YORK | NY | 10024 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $1,500 |
| COMPASSION AND CHOICES | |||||||
| 4155 E JEWELL AVENUE STE 200 | DENVER | CO | 80222 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $300 |
| CONSUMER REPORT FOUNDATION | |||||||
| 101 TRUMAN AVENUE | YONKERS | NY | 10703 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $100 |
| EXPERIMENT IN INTERNATIONAL LIVING | |||||||
| 1 KIPLING ROAD | BRATTLEBORO | VT | 05302 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| FREEDOM FROM RELIGION FOUNDATION | |||||||
| PO BOX 750 | MADISON | WI | 53701 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $1,000 |
| HARVARD MEDICAL SCHOOL | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 02138 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $15,200 |
| HIGH JUMP | |||||||
| 59 W NORTH BOULEVARD | CHICAGO | IL | 60610 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $1,500 |
| INSTITUTE OF MEDICINE | |||||||
| 500 FIFTH STREET NW NAS-038 | WASHINGTON | DC | 20001 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| INTERFAITH ALLIANCE | |||||||
| 1250 24TH STREET NW STE 300 | WASHINGTON | DC | 20039 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $200 |
| LYRIC OPERA OF CHICAGO | |||||||
| 20 N WACKER DRIVE | CHICAGO | IL | 60606 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $3,500 |
| MAINE MARITIME MUSEUM | |||||||
| 243 WASHINGTON STREET | BATH | ME | 04530 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| MUSEUM OF MODERN ART | |||||||
| 11 W 53RD STREET | NEW YORK | NY | 10019 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $140 |
| NATIONAL WILDLIFE FOUNDATION | |||||||
| PO BOX 1583 | MERRIFIELD | VA | 23118 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| PLANNED PARENTHOOD | |||||||
| 434 W 33RD STREET | NEW YORK | NY | 10001 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| SHADY HILL SCHOOL | |||||||
| 178 COOLIDGE HILL | CAMBRIDGE | MA | 02138 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $200 |
| SOUTHERN POVERTY LAW CENTER | |||||||
| 400 WASHINGTON AVE | MONTGOMERY | AL | 36104 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $300 |
| TEN CHIMNEYS FOUNDATION | |||||||
| PO BOX 225 | GENESEE DEPOT | WI | 53127 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| THOSOS DANCE | |||||||
| 860 W BLACKHAWK STE 305 | CHICAGO | IL | 60642 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $250 |
| TUCSON SYMPHONY ORCHESTRA | |||||||
| 2175 N SIXTH AVENUE | TUCSON | AZ | 85705 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $3,000 |
| U OF A FOUNDATION | |||||||
| PO BOX 210109 | TUCSON | AZ | 85721 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $4,750 |
| UNIVERSITY OF CHICAGO | |||||||
| 5235 S HARPER COURT STE 450 | CHICAGO | IL | 60615 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $6,900 |
| US FUND FOR UNICEF | |||||||
| 125 MAIDEN LANE | NEW YORK | NY | 10038 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $200 |
| WBEZ PUBLIC RADIO | |||||||
| 848 E GRAND AVENUE | CHICAGO | IL | 60611 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $200 |
| WTTWWFMT | |||||||
| 5400 N ST LOUIS AVENUE | CHICAGO | IL | 60625 | UNRELATED | PUBLIC | PROGRAM SUPPORT | $700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $48,625 | 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 | $17,875 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $7,006 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,427 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$18,126 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $7,006 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $8,176 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $15,182 | 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 FEES | CategoryTxt |
| Amt | $1,800 | Amt |
| Net Investment Income | $900 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $900 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD DIVIDEND APPRECIATION ETF | $21,598 | $32,464 |
| VANGUARD EXTENDED MARKET ETF | $54,790 | $131,685 |
| VANGUARD SHORT TERM CORP BOND ETF | $47,928 | $47,778 |
| SPDR S&P MID CAP 400 ETF | $18,070 | $145,184 |
| AFLAC INC. | $3,543 | $30,545 |
| AMERICAN ELECTRIC POWER COMPANY INC. | $37,992 | $60,720 |
| CENTURYLINK | $28,633 | $39,580 |
| ENSCO PLC CL A | $50,295 | $29,950 |
| FRONTIER COMMUNICATIONS CORP. | $27,944 | $46,690 |
| INTERNATIONAL BUSINESS MACHINES CORP. | $17,600 | $16,044 |
| JP MORGAN CHASE & CO. ALERIAN MLP INDEX | $56,133 | $114,875 |
| KINDER MORGAN INC. DE | $43,529 | $55,003 |
| PROCTER & GAMBLE COMPANY | $21,143 | $31,881 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ELLINGTON FINANCIAL | AT COST | $122,119 | $119,760 |
| WESTMINSTER FUND VI | AT COST | $6,646 | $6,646 |
| WESTMINSTER FUND VIII | AT COST | $44,109 | $44,109 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX DIFFERENCES FROM K-1'S | $1,384 |
| NONDEDUCTIBLE EXPENSES FROM K-1'S | $582 |
| DISALLOWED LOSS ON WASH SALE | $1,848 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PARTNERSHIP PASSTHROUGH DEDUCTIONS | $2,894 | $2,894 | $0 |
| LICENSES AND FEES | $216 | $0 | $216 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP PASSTHROUGH INCOME | $9,613 | $2,607 | $9,613 |
| VANGUARD OTHER INCOME | $5,820 | $5,820 | $5,820 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDIVIDEND DISTRIBUTIONS | Desc |
| Amt | $2,697 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WESTMINSTER FUND V | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,222 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $11 | Amt |
| Net Investment Income | $11 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |