The Denise G & Norman E Wells Jr Family: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- The Denise G & Norman E Wells Jr Family (EIN 20-2814718)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-14
- IRS object ID
- 201401349349102190
- Schema version
- 2013v3.1
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-14T14:19:00-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1 |
| City | Lake Success | City |
| State | NY | State |
| ZIP Code | 11042 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202814718 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Denise G & Norman E Wells Jr Family | BusinessNameLine1 |
| Business Name Line2 | foundation Inc | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % c/o Foundation Source | InCareOfNm |
| Business Name Control | DENI | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1 |
| Address Line2 | Suite 123 | AddressLine2 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | norman e wells jr | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2014-04-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $572,010 | 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 | $25,500 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $9 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $15,592 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $15,592 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $34,226 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $477,966 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $34,226 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $75,327 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $49,827 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $4,210 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,210 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $535 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $235 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $7,293 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $84 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $7,209 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,038 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,529 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,209 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $121,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $121,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $133,038 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,529 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $128,209 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$57,711 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $45,298 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $27,031 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $32,139 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $32,139 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $532,151 | CorporateStockBOYAmt |
| Corporate Stock EOY | $469,332 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $539,871 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $559,182 | TotalAssetsBOYAmt |
| Total Assets EOY | $501,471 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $572,010 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $559,182 | RetainedEarningBOYAmt |
| Retained Earning EOY | $501,471 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $559,182 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $501,471 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $559,182 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $501,471 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $559,182 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$57,711 | ExcessRevenueOverExpensesAmt |
| Subtotal | $501,471 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $501,471 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $477,966 | GrossSalesPriceAmt |
| Cost Or Other Basis | $443,740 | CostOrOtherBasisAmt |
| Gain Or Loss | $34,226 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $34,226 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $34,226 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $75,795 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $594,112 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.127577 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $77,242 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $620,103 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.124563 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $99,109 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $634,789 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.156129 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $77,122 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $652,967 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.11811 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $57,510 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $828,737 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.069395 | DistributionYr5Rt |
| Total Distribution | 0.595774 | TotalDistributionRt |
| Average Distribution | 0.119155 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $561,457 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $66,900 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $453 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $67,353 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $128,209 | 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 | $453 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $453 | SubtotalAmt |
| Tax Based On Investment Income | $453 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $311 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $311 | TotalPaymentsAndCreditsAmt |
| Tax Due | $142 | TaxDueAmt |
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 | OH | 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 | co Foundation Source | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
| 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Denise G Wells | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir / Sec / Treas | 1.0 | $0 |
| Norman E Wells Jr | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres / Dir | 1.0 | $0 |
| 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 | $515,937 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $54,070 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $570,007 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $570,007 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,550 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $561,457 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $28,073 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $28,073 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $453 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $453 | TotalTaxAmt |
| Distributable Before Adj | $27,620 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $27,620 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $27,620 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $128,209 | 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 | $128,209 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $453 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $127,756 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $27,620 | DistributableAsAdjustedAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $35,633 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $68,472 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $46,657 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $46,647 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $197,409 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $128,209 | QualifyingDistributionsAmt |
| Applied To Current Year | $27,620 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $100,589 | RemainingDistriFromCorpusAmt |
| Total Corpus | $297,998 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $297,998 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $35,633 | ExcessFromYear4Amt |
| Excess From Year3 | $68,472 | ExcessFromYear3Amt |
| Excess From Year2 | $46,657 | ExcessFromYear2Amt |
| Excess From Year1 | $46,647 | ExcessFromYear1Amt |
| Excess From Current Year | $100,589 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DENISE G WELLS | ContributingManagerNm |
| Contributing Manager | NORMAN E WELLS JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AKRON-CANTON REGIONAL FOODBANK | |||||||
| 350 OPPORTUNITY PKWY | AKRON | OH | 44307 | N/A | PC | General & Unrestricted | $5,000 |
| BOYS AND GIRLS CLUB OF THE WESTERN RESERVE INC | |||||||
| 889 JONATHAN AVE | AKRON | OH | 44306 | N/A | PC | KidsNOW! Campaign | $20,000 |
| CLEVELAND FOODBANK INC | |||||||
| 15500 S WATERLOO RD | CLEVELAND | OH | 44110 | N/A | PC | capital funds for the new cold storage unit | $25,000 |
| ELVES AND MORE NORTHEAST OHIO | |||||||
| PO BOX 95 | CUYAHOGA FALLS | OH | 44222 | N/A | PC | General & Unrestricted | $10,000 |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| PO BOX 306 | RAVENNA | OH | 44266 | N/A | PC | Club 50 Program | $1,000 |
| HAVEN OF REST MINISTRIES INCORPORATED | |||||||
| PO BOX 547 | AKRON | OH | 44309 | N/A | PC | Heating and Ventilation Project | $10,000 |
| PLAYHOUSE SQUARE FOUNDATION | |||||||
| 1501 EUCLID AVE STE 200 | CLEVELAND | OH | 44115 | N/A | PC | General & Unrestricted | $10,000 |
| SUMMA AKRON CITY AND ST THOMAS HOSPITALS FDn | |||||||
| 525 E MARKET ST | AKRON | OH | 44304 | N/A | PC | Center for Health Equity Campaign | $10,000 |
| THE MUSICAL ARTS ASSOCIATION | |||||||
| 11001 EUCLID AVE | CLEVELAND | OH | 44106 | N/A | PC | Annual Giving campaign | $20,000 |
| UNIVERSITY OF AKRON FOUNDATION | |||||||
| 302 BUCHTEL MALL | AKRON | OH | 44325 | N/A | PC | The Wells Family Foundation Scholarship in Engineering | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $121,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,592 | 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 | $34,226 | 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 | $49,827 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $49,827 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Wells Jr Norman E | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 609 | AddressLine1 |
| City | Aurora | City |
| State | OH | State |
| ZIP Code | 44202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $25,500 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (77 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACTAVIS INC | $2,126 | $2,184 |
| AFLAC INC. | $4,249 | $6,947 |
| ALLERGAN INC. | $1,866 | $2,111 |
| AMERICAN BALANCED FUND INC | $2,587 | $3,434 |
| AMERICAN CAP INCM BUILDER | $22,985 | $26,982 |
| AMERICAN CAPITAL WORLD GRWTH | $2,789 | $3,476 |
| AMERICAN EXPRESS CO | $2,148 | $2,178 |
| AMERICAN FDS INCOME FD OF AMER | $33,835 | $41,070 |
| AMERIPRISE FINANCIAL INC | $2,043 | $2,186 |
| APPLE INC. | $5,256 | $5,610 |
| BOEING CO | $5,772 | $9,281 |
| BRITISH AMERICAN TOBACCO PLC | $5,964 | $6,660 |
| CLOROX CO | $5,895 | $7,050 |
| COCA-COLA CO | $8,435 | $9,253 |
| COLGATE-PALMOLIVE COMPANY | $7,371 | $8,999 |
| COMCAST CORP | $2,071 | $2,131 |
| CONSUMER DISCRETIONARY SELECT | $2,639 | $3,609 |
| CSX CORP | $5,638 | $7,336 |
| CVS CAREMARK CORP. | $2,006 | $2,147 |
| DANAHER CORP | $2,084 | $2,162 |
| DIAGEO PLC ADS | $5,920 | $7,018 |
| DICK'S SPORTING GDS | $2,064 | $2,150 |
| DU PONT DE NEMOURS | $2,039 | $2,144 |
| EBAY INC. | $1,919 | $2,140 |
| EMERSON ELECTRIC CO. | $7,249 | $9,334 |
| EXPRESS SCRIPTS HOLDING CO. | $2,002 | $2,107 |
| FLUOR CORP | $1,699 | $2,088 |
| FRANKLIN RES INC | $2,052 | $2,136 |
| GANNETT CO INC | $1,177 | $1,331 |
| GILEAD SCIENCES INC | $737 | $1,577 |
| GOOGLE INC | $2,094 | $2,241 |
| GUGGENHEIM S&P EQUAL WEIGHT | $10,668 | $12,968 |
| HALLIBURTON COMPANY | $2,120 | $2,132 |
| ILLINOIS TOOL WORKS | $6,438 | $9,417 |
| INTEL CORP | $5,987 | $7,373 |
| INTERCONTINETALEXCHANGE INC | $2,175 | $2,249 |
| ISHARES BARCLAYS 1-3 YR CD BD | $25,871 | $26,049 |
| ITC HOLDINGS CORP | $2,015 | $2,108 |
| JOHNSON & JOHNSON | $5,109 | $6,686 |
| LORD ABBETT INV TR, LORD ABBET | $25,636 | $26,168 |
| LORD ABBETT SHORT DURATION INC | $26,289 | $26,059 |
| MCKESSON CORP | $2,149 | $2,098 |
| MEDTRONIC INC | $6,642 | $8,895 |
| MICROSOFT CORPORATION | $10,233 | $10,101 |
| NEXTERA ENERGY, INC | $4,938 | $6,764 |
| NORDSTROM INC | $6,769 | $6,922 |
| NORTHEAST UTIL | $6,084 | $6,867 |
| NOVARTIS AG ADR | $5,518 | $7,073 |
| O'REILLY AUTOMOTIVE INC. | $2,136 | $2,188 |
| OCCIDENTAL PETROLEUM CORP | $6,430 | $6,752 |
| PEARSON PLC | $6,086 | $7,347 |
| PETSMART INC. | $2,145 | $2,110 |
| PIONEER MULTI-ASSET ULTRASHORT | $10,418 | $10,408 |
| PUTNAM EQUITY SPECTRUM FUND | $10,998 | $15,090 |
| QUALCOMM INC | $2,092 | $2,153 |
| QUESTCOR PHARMACEUTICALS, INC. | $1,189 | $1,198 |
| ROCKWELL COLLINS INC | $2,111 | $2,144 |
| RS INVESTORS FUND | $1,216 | $1,256 |
| SANOFI-AVENTIS SPONSORED ADR | $5,299 | $6,972 |
| SCHLUMBERGER LTD | $2,168 | $2,163 |
| SELECT SECTOR SPDR-HEALTH CARE | $5,110 | $6,209 |
| SMEAD VALUE FUND | $12,278 | $12,566 |
| SOUTHWESTERN ENERGY | $2,132 | $2,124 |
| SPDR S&P 500 ETF TRUST | $16,992 | $19,023 |
| STANLEY BLACK & DECKER INC | $7,269 | $6,778 |
| STARBUCKS CORP | $2,179 | $2,117 |
| STARWOOD HOTELS & RESORTS | $2,006 | $2,145 |
| TEVA PHARMECEUTICAL SP ADR | $7,048 | $7,415 |
| TJX COMPANIES INC | $2,151 | $2,167 |
| UNILEVER PLC AMER | $6,546 | $7,086 |
| UNITED PARCEL SERVICE | $5,018 | $7,251 |
| UNITED TECHNOLOGIES CORP | $7,288 | $9,445 |
| UNITED THERAPEUTICS CORP | $2,548 | $3,958 |
| V F CORP | $6,735 | $9,850 |
| VANGUARD SCOTTSDALE FDS SHORT | $6,634 | $6,702 |
| WISDOMTREE DIV TOP 100 | $4,617 | $6,877 |
| YUM BRANDS INC | $9,141 | $9,376 |
Investments Land Schedule2 InvestmentsLandSchedule2
Land Etc Schedule2 LandEtcSchedule2
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $7,209 | $7,209 | |
| Bank Charges | $84 | $84 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $4,210 | Amt |
| Net Investment Income | $4,210 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2013 | $300 | |
| Foreign Tax Paid | $235 | $235 |