GALLAGHER FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GALLAGHER FAMILY FOUNDATION (EIN 42-1362579)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-15
- IRS object ID
- 201431359349102438
- 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
- Accounting Fees Schedule
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-15T15:40:50-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARNEY ALEXANDER MAROLD & CO LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1290 | AddressLine1 |
| City | WATERLOO | City |
| State | IA | State |
| ZIP Code | 507041290 | 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 | 421362579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GALLAGHER FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GALL | BusinessNameControlTxt |
| Phone | 3192337233 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 PROSPECT BLVD | AddressLine1 |
| City | WATERLOO | City |
| State | IA | State |
| ZIP Code | 50701 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDWARD J GALLAGHER JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3192337233 | PhoneNum |
| Signature | 2014-05-07 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN J BURNS | PreparerPersonNm |
| PTIN | P00305860 | PTIN |
| Phone | 3192333318 | PhoneNum |
| Preparation | 2014-05-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $2,154,404 | 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 | $75,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $35,356 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $35,356 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $29,327 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $29,327 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$14,881 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $555,174 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $448,643 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $448,643 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $573,445 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $513,326 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $7,790 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,895 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,895 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $1,874 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $208 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $208 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $9,872 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,103 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,895 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $79,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $79,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $89,672 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,103 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $83,695 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $483,773 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $509,223 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $14,930 | CashBOYAmt |
| Cash EOY | $131,794 | CashEOYAmt |
| Cash EOYFMV | $131,794 | CashEOYFMVAmt |
| Acct Rcvbl | $387 | AcctRcvblAmt |
| Acct Rcvbl EOY | $387 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $387 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $603 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $393 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $393 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $35,993 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $35,993 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $36,274 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $580,789 | CorporateStockBOYAmt |
| Corporate Stock EOY | $590,299 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $707,414 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $909,970 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,267,192 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,249,127 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $15,323 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,323 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $29,015 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,557,608 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,041,381 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,154,404 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $1,497,072 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,020,715 | CapitalStockEOYAmt |
| Retained Earning BOY | $60,536 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,666 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,557,608 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,041,381 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,557,608 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,041,381 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,557,608 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $483,773 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,041,381 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,041,381 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| GOLDMAN SACHS GROUP NOTES | P | 2012-08-09 | 2013-07-08 | $111,864 | $117,608 | -$5,744 | -$5,744 |
| GMAC BOND | P | 2003-07-01 | 2013-08-15 | $100,000 | $100,005 | -$5 | -$5 |
| GENERAL ELECTRIC CAP CORP NOTES | P | 2009-01-03 | 2013-09-20 | $71,000 | $73,234 | -$2,234 | -$2,234 |
| SCHWAB INFLATION PROT SECS FUND | P | 2012-05-04 | 2013-02-01 | $102,741 | $102,087 | $654 | $654 |
| FORD MOTOR CREDIT CORP | P | 2010-08-17 | 2013-10-01 | $31,000 | $32,954 | -$1,954 | -$1,954 |
| 834.557 SH EXELON CORP | P | 2012-03-22 | 2013-02-27 | $25,495 | $32,167 | -$6,672 | -$6,672 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$14,881 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$11,762 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $70,673 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,509,447 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046820 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $68,976 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,471,002 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046890 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $60,941 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,365,602 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.044626 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $69,046 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,191,745 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.057937 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $88,639 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,479,995 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.059891 | DistributionYr5Rt |
| Total Distribution | 0.256164 | TotalDistributionRt |
| Average Distribution | 0.051233 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,655,270 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $84,804 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,092 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $89,896 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $83,695 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,184 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $10,184 | SubtotalAmt |
| Tax Based On Investment Income | $10,184 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,600 | TotalPaymentsAndCreditsAmt |
| Tax Due | $8,584 | 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 | IA | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | EDWARD J GALLAGHER JR | IndividualWithBooksNm |
| Phone | 3192337233 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 PROSPECT BLVD | AddressLine1 |
| City | WATERLOO | City |
| State | IA | State |
| ZIP Code | 50701 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| EDWARD J GALLAGHER JR | ||||||||
| 800 PROSPECT BLVD | WATERLOO | IA | 50701 | PRES/DIR | 1.00 | $0 | $0 | $0 |
| CATHERINE C GALLAGHER | ||||||||
| 800 PROSPECT BLVD | WATERLOO | IA | 50701 | SECTY/TREAS | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,629,213 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $51,264 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,680,477 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,680,477 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $25,207 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,655,270 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $82,764 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $82,764 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,184 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,184 | TotalTaxAmt |
| Distributable Before Adj | $72,580 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $72,580 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $72,580 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $83,695 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $83,695 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $83,695 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $72,580 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $69,788 | UndistributedIncomePYAmt |
| Qualifying Distributions | $83,695 | QualifyingDistributionsAmt |
| Applied To Year1 | $69,788 | AppliedToYear1Amt |
| Applied To Current Year | $13,907 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $58,673 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EDWARD J GALLAGHER JR | ContributingManagerNm |
| Contributing Manager | CATHERINE C GALLAGHER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALLEN FOUNDATION | |||||||
| 1825 LOGAN AVENUE | WATERLOO | IA | 50703 | N/A | N/A | EDUCATION SUPPORT | $1,000 |
| CLARKE UNIVERSITY | |||||||
| 1550 CLARKE DRIVE | DUBUQUE | IA | 520013198 | N/A | N/A | EDUCATION SUPPORT | $1,000 |
| COVENANT FOUNDATION INC | |||||||
| 3421 W 9TH STREET | WATERLOO | IA | 507025401 | N/A | N/A | EDUCATION SUPPORT | $10,000 |
| GROUT MUSEUM DISTRICT | |||||||
| 503 SOUTH STREET | WATERLOO | IA | 50701 | N/A | N/A | EDUCATION SUPPORT | $15,000 |
| LORAS COLLEGE | |||||||
| 1450 ALTA VISTA BOX 178 | DUBUQUE | IA | 52001 | N/A | N/A | EDUCATION SUPPORT | $7,500 |
| MARSHALLTOWN AREA CATHOLIC SCHOOL | |||||||
| 221 WEST OLIVE STREET | MARSHALLTOWN | IA | 50158 | N/A | N/A | EDUCATION SUPPORT | $500 |
| MOUNT MERCY UNIVERSITY | |||||||
| 1330 ELMHURST DRIVE NE | CEDAR RAPIDS | IA | 524025270 | N/A | N/A | EDUCATION SUPPORT | $1,000 |
| SISTERS OF CHARITY BVM | |||||||
| 1100 CARMEL DRIVE | DUBUQUE | IA | 520037991 | N/A | N/A | EDUCATION SUPPORT | $200 |
| SISTERS OF ST FRANCIS | |||||||
| 3390 WINDSOR AVENUE | DUBUQUE | IA | 52001 | N/A | N/A | EDUCATION SUPPORT | $300 |
| SISTERS OF THE PRESENTATION BVM | |||||||
| 2360 CARTER ROAD | DUBUQUE | IA | 52001 | N/A | N/A | EDUCATION SUPPORT | $300 |
| ST EDWARD CHURCH | |||||||
| 1423 KIMBALL AVENUE | WATERLOO | IA | 50702 | N/A | N/A | EDUCATION SUPPORT | $3,000 |
| ST STEPHENS CATHOLIC STUD CENTER | |||||||
| 1019 WEST 23RD STREET | CEDAR FALLS | IA | 50613 | N/A | N/A | EDUCATION SUPPORT | $3,000 |
| THE JOB FOUNDATION | |||||||
| 2712 ORCHARD DRIVE ST B2 | CEDAR FALLS | IA | 50613 | N/A | N/A | EDUCATION SUPPORT | $2,000 |
| WATERLOO DEVELOPMENT CORPORATION | |||||||
| 10 W FOURTH ST STE 310 | WATERLOO | IA | 50701 | N/A | N/A | EDUCATION SUPPORT | $10,000 |
| UNI FOUNDATION ENDOWMENT FUND | |||||||
| 205 COMMONS | CEDAR FALLS | IA | 506140282 | N/A | N/A | EDUCATION SUPPORT | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $79,800 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,356 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,327 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $448,643 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$14,881 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $498,445 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $498,445 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| E J GALLAGHER JR | ||||||
| 1 | 800 PROSPECT BLVD | WATERLOO | IA | 50701 | $50,000 | Yes (X) |
| CATHERINE GALLAGHER | ||||||
| 2 | 800 PROSPECT BLVD | WATERLOO | IA | 50701 | $25,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX PREPARATION FEES | $2,025 | $1,012 | $1,013 |
| ACCOUNTING FEES | $5,765 | $2,883 | $2,882 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (2 entries)
| EDWARD J GALLAGHER JR |
| CATHERINE C GALLAGHER |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | WELLS FARGO CAP XII | AssetDesc |
| Acquired | 2008-07 | AcquiredDt |
| How Acquired | PURCHASE | HowAcquiredTxt |
| Sold | 2013-03 | SoldDt |
| Gross Sales Price | $112,000 | GrossSalesPriceAmt |
| Basis | $112,000 | BasisAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (22 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GMAC SMARTNOTES | ||
| WELLS FARGO CAP ENH TR PFD SECX | ||
| GENERAL ELECTRIC CORP CAP NOTES | ||
| WELLS FARGO CO SUB NOTES | $97,156 | $103,430 |
| GOLDMAN SACHS GROUP NOTES | ||
| WELLS FARGO & COS | $116,003 | $94,048 |
| LORD ABBETT FUND | $164,243 | $164,335 |
| PACIFIC LIFE FUNDS | $50,672 | $50,955 |
| MERRILL LYNCH & CO NOTES | $25,908 | $27,505 |
| JCPENNEY CORP INC NOTES | $13,394 | $11,775 |
| ALCOA INC NOTES | $24,690 | $23,101 |
| FORD MOTOR CREDIT CO | ||
| GEN ELECTRIC CAP CORP | $14,481 | $15,004 |
| DONNELLY RR & SONS SR NOTES | $48,693 | $50,500 |
| ALLY FINL INC | $97,112 | $100,375 |
| JP MORGAN CHASE | $29,921 | $29,644 |
| SCHWAB INFLATION PROT SECS FUND | ||
| VANGUARD TOTAL BOND MARKET IND FUND | $51,939 | $49,106 |
| PIMCO INCOME FUND | $150,923 | $150,314 |
| PIMCO TOTAL RETURN FUND | $105,665 | $100,838 |
| TCW TOTAL RETURN FUND | $125,719 | $124,519 |
| PARNASSUS EQUITY INCOME FUND | $150,673 | $153,678 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FORD MOTOR CO | $8,125 | $10,355 |
| INTEL | $19,357 | $27,226 |
| TARGET CORP | $16,768 | $75,809 |
| HEWLETT PACKARD | $8,760 | $12,583 |
| AT&T PREFERRED | $30,328 | $36,532 |
| VODAPHONE GROUP PLC | $29,895 | $44,461 |
| DEERE & CO | $20,247 | $20,694 |
| EMERSON ELECTRIC | $20,060 | $25,243 |
| APPLE, INC | $34,319 | $58,027 |
| EXELON CORP | ||
| MERCK & CO | $32,356 | $42,369 |
| BP PLC | $25,350 | $29,166 |
| CONOCOPHILLIPS | $27,877 | $32,773 |
| REGIONS FINANCIAL | $270,691 | $193,210 |
| ALLSTATE CORP | $29,390 | $63,329 |
| COCA COLA | $16,776 | $35,637 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $35,993 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $36,274 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ENTERPRISE PROD PARTNERS LP | AT COST | $15,323 | $29,015 |
| VISTEON WARRANTS | AT COST |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| SERVICE CHARGES & FEES | $208 | $208 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUN LIFE ANNUITY FORM 1099-R | Desc |
| Revenue And Expenses Per Books | $448,643 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $448,643 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAXES | CategoryTxt |
| Amt | $1,874 | Amt |