LOWENBERG CHARITABLE TRUST: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LOWENBERG CHARITABLE TRUST (EIN 43-6768599)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-14
- IRS object ID
- 201411349349100011
- 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
- Accounting Fees Schedule
- Compensation Explanation
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-14T08:02:43-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 431459858 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT C SANGER PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 103 North 36th Street | AddressLine1 |
| City | Saint Joseph | City |
| State | MO | State |
| ZIP Code | 64506 | 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 | 436768599 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOWENBERG CHARITABLE TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 308 | AddressLine1 |
| City | Saint Joseph | City |
| State | MO | State |
| ZIP Code | 645020308 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S Bank Trust | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8163647250 | PhoneNum |
| Signature | 2014-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robert C Sanger CPA | PreparerPersonNm |
| PTIN | P01280224 | PTIN |
| Phone | 8162794949 | PhoneNum |
| Preparation | 2014-05-14 | PreparationDt |
| 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 | $306,004 | 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 | $7,356 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,356 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $17,035 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $210,395 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,035 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $24,391 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $24,391 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $4,241 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $3,817 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $424 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $725 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $725 | AccountingFeesChrtblPrpsAmt |
| Tot Opr Expenses Rev And Expnss | $4,966 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,817 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,149 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $15,067 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,065 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $20,033 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,817 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,214 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,358 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $20,574 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,757 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $10,921 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $10,921 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $25,293 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| Corporate Stock BOY | $139,180 | CorporateStockBOYAmt |
| Corporate Stock EOY | $143,361 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $165,745 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $113,332 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $133,638 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $129,338 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $283,562 | TotalAssetsBOYAmt |
| Total Assets EOY | $287,920 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $306,004 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $283,562 | RetainedEarningBOYAmt |
| Retained Earning EOY | $287,920 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $283,562 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $287,920 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $283,562 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $287,920 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $283,562 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,358 | ExcessRevenueOverExpensesAmt |
| Subtotal | $287,920 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $287,920 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2011-07-01 | 2013-12-01 | $195,989 | $178,100 | $17,889 | $17,889 |
| PUBLICLY TRADED SECURITIES | P | 2013-07-01 | 2013-12-01 | $14,406 | $15,260 | -$854 | -$854 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,035 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$854 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $18,347 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $340,285 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053917 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $17,001 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $343,712 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049463 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $16,793 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $338,614 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049593 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $15,412 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $313,901 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049098 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $16,945 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $309,492 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054751 | DistributionYr5Rt |
| Total Distribution | 0.256822 | TotalDistributionRt |
| Average Distribution | 0.051364 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $352,873 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $18,125 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $206 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $18,331 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $16,214 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $411 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $411 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $411 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $411 | 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 | MO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | 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 |
| Website Address | NA | WebsiteAddressTxt |
| Individual With Books | U S Bank Trust | IndividualWithBooksNm |
| Phone | 8163647250 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 308 | AddressLine1 |
| City | ST JOSEPH | City |
| State | MO | State |
| ZIP Code | 64502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S Bank Trust | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 308 | AddressLine1 |
| City | ST JOSEPH | City |
| State | MO | State |
| ZIP Code | 64502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trust Officer | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $4,241 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE LOWENBERG CHARITABLE FOUNDATION PROVIDES FUNDING FOR VARIOUS OTHER 501c3 ORGANIZATIONS SEE LISTING | Description1Txt |
| Expenses1 | $15,065 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $303,019 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $55,228 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $358,247 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $358,247 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,374 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $352,873 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,644 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $17,644 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $411 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $411 | TotalTaxAmt |
| Distributable Before Adj | $17,233 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $17,233 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $17,233 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,214 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $16,214 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $16,214 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $17,233 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $13,945 | UndistributedIncomePYAmt |
| Qualifying Distributions | $16,214 | QualifyingDistributionsAmt |
| Applied To Year1 | $13,945 | AppliedToYear1Amt |
| Applied To Current Year | $2,269 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $14,964 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LISTING IS ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS LOCAL ADDRESSES | AddressLine1 |
| City | Saint Joseph | City |
| State | MO | State |
| ZIP Code | 64501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | CHARITABLE AND EDUCATIONAL 501c3 ORGS | GrantOrContributionPurposeTxt |
| Amt | $15,065 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,065 | 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) |
|---|---|---|
| Related Or Exempt Function Incm | $7,356 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $7,356 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,356 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $725 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $725 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S Bank Trust | PersonNm |
| Short Explanation | NORMAL TRUST COMPANY RATES. | ShortExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $133,638 | EOYBookValueAmt |
| EOYFMV | $129,338 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK COMMON | StockNm |
| EOY Book Value | $143,361 | EOYBookValueAmt |
| EOYFMV | $165,745 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |