HOMER I & PERSEPHONE B WATTS MEMORIAL TR: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- HOMER I & PERSEPHONE B WATTS MEMORIAL TR (EIN 93-6082689)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-11-11
- IRS object ID
- 201543159349101554
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-11T19:00:47-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | 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 | 2014-07-01 | 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 97306700 | 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 | US BANK | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 5034643580 | PhoneNum |
| Signature | 2015-11-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DONALD J ROMAN | PreparerPersonNm |
| PTIN | P00364310 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2015-11-02 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $713,755 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $17,242 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,242 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $30,775 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $120,611 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $30,775 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $48,017 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $48,017 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $12,548 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,293 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,255 | 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 | $656 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $455 | 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 | $77 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $77 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,781 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $11,748 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,832 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $66,917 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $66,917 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $81,698 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $11,748 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $69,749 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$33,681 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $36,269 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $15,595 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,054 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,054 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $541 | AcctRcvblAmt |
| Acct Rcvbl BOY | $111 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $541 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $541 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $581,715 | CorporateStockBOYAmt |
| Corporate Stock EOY | $519,851 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $600,430 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $74,788 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $114,079 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $108,730 | CorporateBondsEOYFMVAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $672,209 | TotalAssetsBOYAmt |
| Total Assets EOY | $638,525 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $713,755 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $672,209 | CapitalStockBOYAmt |
| Capital Stock EOY | $638,525 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $672,209 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $638,525 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $672,209 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $638,525 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $672,209 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$33,681 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $638,528 | SubtotalAmt |
| Other Decreases | $3 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $638,525 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 37.577 AMERICAN EUROPACIFIC GRTH F2 | 2012-04-26 | 2014-10-20 | $1,762 | $1,471 | $291 | $291 | |
| 185.067 NUVEEN SANTA BARBARA DIV GROWTH FD I | 2012-04-26 | 2014-10-20 | $6,261 | $4,941 | $1,320 | $1,320 | |
| 2872.976 P I M C O FDS TOTAL RETURN FD | 2012-04-26 | 2014-10-20 | $31,459 | $32,206 | -$747 | -$747 | |
| 274.156 T ROWE PRICE GROWTH STOCK #40 | 2012-04-26 | 2014-10-20 | $14,591 | $10,399 | $4,192 | $4,192 | |
| 37.441 VANGUARD EQUITY INCOME ADM | 2012-04-26 | 2014-10-20 | $2,360 | $1,855 | $505 | $505 | |
| 26.744 AMERICAN EUROPACIFIC GRTH F2 | 2012-04-26 | 2014-12-23 | $1,289 | $1,047 | $242 | $242 | |
| 85.055 NUVEEN SANTA BARBARA DIV GROWTH FD I | 2012-04-26 | 2014-12-23 | $3,079 | $2,271 | $808 | $808 | |
| 30.52 VANGUARD EQUITY INCOME ADM | 2012-04-26 | 2014-12-23 | $2,023 | $1,512 | $511 | $511 | |
| 56.651 NUVEEN REAL ESTATE SECS I | 2012-04-26 | 2015-03-03 | $1,406 | $1,207 | $199 | $199 | |
| 177.177 PRINCIPAL GL R E SEC INS | 2013-02-26 | 2015-03-03 | $1,710 | $1,481 | $229 | $229 | |
| . LAUDUS ROSENBERG II | 2015-04-15 | $18 | $18 | $18 | |||
| 320.114 AMER CENT DIVERSIFI BOND INS | 2012-04-26 | 2015-05-01 | $3,499 | $3,550 | -$51 | -$51 | |
| 346.724 COLUMBIA INCOME FD CL Z | 2014-10-20 | 2015-05-01 | $3,516 | $3,550 | -$34 | -$34 | |
| 91.524 CREDIT SUISSE COMM RET ST CO | 2013-02-26 | 2015-05-01 | $543 | $724 | -$181 | -$181 | |
| 388.115 CREDIT SUISSE COMM RET ST CO | 2014-12-23 | 2015-05-01 | $2,302 | $2,402 | -$100 | -$100 | |
| 290.896 DOUBLELINE TOTAL RET BD I | 2014-10-20 | 2015-05-01 | $3,194 | $3,211 | -$17 | -$17 | |
| 90.64 AMERICAN EUROPACIFIC GRTH F2 | 2012-04-26 | 2015-05-01 | $4,665 | $3,548 | $1,117 | $1,117 | |
| 31.913 NUVEEN SANTA BARBARA DIV GROWTH FD I | 2012-04-26 | 2015-05-01 | $1,157 | $852 | $305 | $305 | |
| 128.684 NUVEEN REAL ESTATE SECS I | 2012-04-26 | 2015-05-01 | $3,056 | $2,742 | $314 | $314 | |
| 53.586 T ROWE PRICE GROWTH STOCK #40 | 2012-04-26 | 2015-05-01 | $2,987 | $2,033 | $954 | $954 | |
| 363.593 PRINCIPAL GL R E SEC INS | 2013-02-26 | 2015-05-01 | $3,429 | $3,040 | $389 | $389 | |
| 224.589 LAUDUS INTERNATIONAL MARKETMASTERS | 2012-04-26 | 2015-05-01 | $5,406 | $4,180 | $1,226 | $1,226 | |
| 19.542 SCOUT INTERNATIONAL FUND | 2012-04-26 | 2015-05-01 | $687 | $614 | $73 | $73 | |
| 20.177 VANGUARD EQUITY INCOME ADM | 2012-04-26 | 2015-05-01 | $1,345 | $1,000 | $345 | $345 | |
| CAPITAL GAIN DIVIDENDS | $18,867 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $30,775 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $26,671 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $750,337 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.035545 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $40,849 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $718,787 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05683 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $33,754 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $687,861 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049071 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $28,246 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $704,243 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.040108 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $34,168 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $660,218 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051753 | DistributionYr5Rt |
| Total Distribution | 0.233307 | TotalDistributionRt |
| Average Distribution | 0.046661 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $744,087 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $34,720 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $363 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $35,083 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $69,749 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $363 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $363 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $363 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $200 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $0 | AppliedToEsTaxAmt |
| Total Payments And Credits | $200 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $163 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | 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 | 555 SW OAK | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97204 | 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | US 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 | $12,548 | 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 | $747,368 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,050 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $755,418 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $755,418 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,331 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $744,087 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $37,204 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $37,204 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $363 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $363 | TotalTaxAmt |
| Distributable Before Adj | $36,841 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $36,841 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $36,841 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $69,749 | 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 | $69,749 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $363 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $69,386 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $36,841 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $33,705 | UndistributedIncomePYAmt |
| 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 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $69,749 | QualifyingDistributionsAmt |
| Applied To Year1 | $33,705 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $36,044 | 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 | $797 | 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
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)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| BLUE MTN COMMUNITY COLLEGE | ||||||||
| OFFICE OF FINANCIAL AID | 2411 NW CARDEN AVE | PENDLETON | OR | 97801 | NONE | COLLEGE | SCHOLARSHIP | $667 |
| BLUE MT COMMUNITY FDN | ||||||||
| PO BOX 603 | WALLA WALLA | WA | 99362 | NONE | PUBLIC | GENERAL SUPPORT | $30,000 | |
| EASTERN OREGON UNIVERSITY | ||||||||
| FINANCIAL AID OFFICE | ONE UNIVERSITY BLVD | LAGRANDE | OR | 97850 | NONE | UNIVERSITY | SCHOLARSHIP | $3,400 |
| SUNSET HOUSING INC | ||||||||
| PO BOX 322 | ATHENA | OR | 97813 | NONE | PUBLIC | GENERAL SUPPORT | $1,500 | |
| WALLA WALLA COMM COLLEGE | ||||||||
| 500 TAUSICK WAY | WALLA WALLA | WA | 99362 | NONE | COLLEGE | SCHOLARSHIP | $4,200 | |
| AMERICAN LEGION POST #130 | ||||||||
| C/O ED BOATWRIGHT | PO BOX 477 | ATHENA | OR | 97813 | NONE | PUBLIC | GENERAL SUPPORT | $1,800 |
| UNIVERSITY OF PORTLAND | ||||||||
| OFFICE OF FINANCIAL AID | 5000 N WILLIAMETTE BLVD | PORTLAND | OR | 97203 | NONE | PUBLIC | SCHOLARSHIP | $1,000 |
| EASTERN WASHINGTON UNIVERSITY | ||||||||
| OFFICE OF FINANCIAL AID | 102 SUTTON HALL | CHENEY | WA | 99004 | NONE | PUBLIC | SCHOLARSHIP | $1,200 |
| ATHENA MAIN STREET ASSOCIATION | ||||||||
| PO BOX 333 | ATHENA | OR | 978130333 | NONE | PUBLIC | GENERAL SUPPORT | $3,950 | |
| ATHENA CALEDONIAN GAMES | ||||||||
| PO BOX 161 | ATHENA | OR | 97813 | NONE | PUBLIC | GENERAL SUPPORT | $1,000 | |
| CITY OF ATHENA | ||||||||
| PO BOX 161 | ATHENA | OR | 97813 | NONE | STATE GOVT | GENERAL FINANCIAL SUPPORT | $15,000 | |
| OREGON INSTITUTE OF TECH | ||||||||
| 3201 CAMPUS DRIVE | KLAMATH FALLS | OR | 97601 | NONE | SCHOOL | SCHOLARSHIP | $2,200 | |
| OREGON STATE UNIVERSITY | ||||||||
| FINANCIAL AID OFFICE | PO BOX 1086 218 KERR ADMIN BLDG | CORVALLIS | OR | 97331 | NONE | UNIVERSITY | SCHOLARSHIP | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $66,917 | 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 | $17,242 | 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 | $30,775 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $48,017 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $48,017 | 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 | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMER CENT DIVERSIFIED BD INS | $34,433 | $33,485 |
| NUVEEN HIGH INCOME BD FD | $29,089 | $27,355 |
| T ROWE PRICE INTL BD FD | $16,300 | $14,154 |
| DOUBLELINE TOTAL RET BD I | $34,257 | $33,736 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NUVEEN REAL ESTATE SEC | $10,055 | $10,757 |
| NUVEEN INFLATION PRO SEC | $13,385 | $13,557 |
| ABERDEEN FDS EMRGN MKT | $40,157 | $37,809 |
| AMER EUROPACIFIC GRTH F2 | $42,047 | $54,111 |
| LAUDUS INTL MARKETMASTERS FD | $42,650 | $54,521 |
| NUVEEN SANTA BARBARA DIV GRWTH | $40,873 | $54,513 |
| PIMCO TOTAL RETURN FD | ||
| T ROWE PRICE GRWTH STK FD | $37,767 | $55,411 |
| T ROWE PRICE MID-CAP GRWTH FD | $29,338 | $40,061 |
| SCOUT INTL FD | $49,502 | $53,019 |
| T ROWE PRICE SC STOCK | $21,534 | $27,834 |
| VANGUARD EQUITY INCOME | $41,208 | $53,480 |
| BLACKROCK EMERGING MKTS L S EQ | $21,979 | $21,227 |
| COLUMBIA INCOME FD | $35,169 | $33,167 |
| CREDIT SUISSE COMM RET ST CO | $15,128 | $11,246 |
| DRIEHAUS SELECT CREDIT FUND | $30,060 | $27,226 |
| PRINCIPAL GL R E SEC INS | $10,132 | $10,834 |
| ROBECO BP LNG SHRT RES INS | $21,979 | $27,184 |
| TCW EMERGING MKTS INCOME FD | $16,888 | $14,473 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $3 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE CHARITABLE FILING FEE | Desc |
| Revenue And Expenses Per Books | $77 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $77 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | $1 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $200 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $455 | $455 | $0 |