ADAMS FAMILY FOUNDATION OF NORA SPRINGS IOWA: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ADAMS FAMILY FOUNDATION OF NORA SPRINGS IOWA (EIN 25-5100130)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-06-14
- IRS object ID
- 201321689349100002
- Schema version
- 2012v2.2
- 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
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-06-14T01:06:48-00:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Williams & Associates PLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 410 | AddressLine1 |
| City | Mason City | City |
| State | IA | State |
| ZIP Code | 504020410 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 255100130 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Adams Family Fndn of Nora Springs IA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ADAM | NameControl |
| Phone | 5152467984 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 10th Street Room 1300 | AddressLine1 |
| City | Des Moines | City |
| State | IA | State |
| ZIP Code | 50309 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Sally McConnell | Name |
| Title | President | Title |
| Date Signed | 2013-06-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert W Williams CPA | Name |
| Phone | 6414233180 | Phone |
| Date Prepared | 2013-06-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 8844051 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 680000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 1329 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1329 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 212569 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 204657 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 88288 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 976013 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 88288 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 150 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 150 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 982336 | TotalRevenueAndExpenses |
| Total Net Investment Income | 294424 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 6923 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 6923 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 2950 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 1966 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 984 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 15879 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 15183 | OtherProfFeesNetInvstIncm |
| Interest Rev And Expnss | 54 | InterestRevAndExpnss |
| Interest Net Invst Incm | 54 | InterestNetInvstIncm |
| Taxes Rev And Expnss | 16528 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 888 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 2636 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 558 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 2078 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 44970 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 18649 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 9985 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 222301 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 222301 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 267271 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 18649 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 232286 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 715065 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 275775 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 305 | CashBOY |
| Cash EOY | 860 | CashEOY |
| Cash EOYFMV | 860 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 287841 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1039069 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1039069 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 268312 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 161831 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 169444 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 6864108 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 6918516 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 7634678 | InvestmentsCorpStockEOYFMV |
| Other Assets BOY | -266 | OtherAssetsBOY |
| Other Assets EOY | -1076 | OtherAssetsEOY |
| Total Assets BOY | 7420300 | TotalAssetsBOY |
| Total Assets EOY | 8119200 | TotalAssetsEOY |
| Total Assets EOYFMV | 8844051 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 7420300 | CapitalStockBOY |
| Capital Stock EOY | 8119200 | CapitalStockEOY |
| Total Net Assets BOY | 7420300 | TotalNetAssetsBOY |
| Total Net Assets EOY | 8119200 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 7420300 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 8119200 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 7420300 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 715065 | ExcessOfRevenueOverExpenses |
| Other Increases | 16946 | OtherIncreases |
| Subtotal | 8152311 | Subtotal |
| Other Decreases | 33111 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 8119200 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (19 entries)
| Description Of AssetDescriptionOfAsset | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|
| 67,121.951 sh Franklin Inv Sec Tr | 2011-08-31 | 2012-08-01 | 688000 | 694712 | -6712 | -6712 |
| Goodrich Corp merger | 2011-08-08 | 2012-07-27 | 76500 | 50627 | 25873 | 25873 |
| 1,000 sh 3SBio Inc ADS | 2011-08-17 | 2012-07-23 | 11598 | 15261 | -3663 | -3663 |
| Tootsie Roll Ins-cash in lieu | 2011-08-05 | 2012-04-06 | 11 | 13 | -2 | -2 |
| Atlas Resource Ptr-cash in lieu | 2012-03-19 | 2012-03-19 | 4 | 3 | 1 | 1 |
| 6 sh Atlas Resource Ptr | 2012-03-19 | 2012-07-23 | 144 | 139 | 5 | 5 |
| 121 sh Global Sources Ltd | 2009-12-24 | 2012-07-23 | 773 | 767 | 6 | 6 |
| 100 sh Amcol Intl Corp | 2009-12-24 | 2012-07-23 | 2844 | 2912 | -68 | -68 |
| 96 hs Citigroup Inc | 2009-12-24 | 2012-07-23 | 2349 | 3182 | -833 | -833 |
| Fayette Co KY Sch Distr Fin | 2009-12-24 | 2012-01-01 | 25000 | 25000 | ||
| Fleming IS Plan N Cmnty Dev | 2009-12-24 | 2012-05-01 | 20000 | 20000 | ||
| 165 sh Frontier Comm | 2009-12-24 | 2012-07-23 | 578 | 1253 | -675 | -675 |
| Hillsborough Cnty FL A Aviation | 2009-12-24 | 2012-10-01 | 25000 | 25000 | ||
| Lake Cnty FL Sch | 2009-12-24 | 2012-06-01 | 25000 | 25000 | ||
| 50 sh Research in Motion | 2009-12-24 | 2012-07-23 | 319 | 3361 | -3042 | -3042 |
| Richardson, TX Ind Sch Dist | 2009-12-24 | 2012-02-15 | 10000 | 10024 | -24 | -24 |
| 150 sh Schnitzer Steel Inds | 2009-12-24 | 2012-07-23 | 4036 | 7230 | -3194 | -3194 |
| 100 sh Sterlite Inds | 2009-12-24 | 2012-07-23 | 691 | 1833 | -1142 | -1142 |
| 100 sh 3SBio Ind ADS | 2009-12-24 | 2012-07-23 | 1160 | 1408 | -248 | -248 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 88288 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 26575 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 124562 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 5931261 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.021001 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 36000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 435482 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 000.082667 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 20000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 333511 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 000.059968 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 16289 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 288988 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 000.056366 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 10000 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 200789 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 000.049804 | DistributionRatioYear5 |
| Total Distribution Ratio | 000.269806 | TotalDistributionRatio |
| Average Distribution Ratio | 000.053961 | AverageDistributionRatio |
| Net Noncharitable Assets | 8145145 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 439520 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 2758 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 442278 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 232286 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 5516 | InvestmentIncomeExciseTax |
| Subtotal | 5516 | Subtotal |
| Tax Based On Investment Income | 5516 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 7820 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 7820 | TotalCreditsAndPayments |
| Tax Paid Original Return | 7820 | TaxPaidOriginalReturn |
| Penalty For Underpayment | 23 | PenaltyForUnderpayment |
| Overpayment | 2281 | Overpayment |
| Amount Credited To Next Year | 2281 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | IA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | Deb O'Banion | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6414255779 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 24 14 6th St NW | AddressLine1 |
| City | Nora Springs | City |
| State | IA | State |
| ZIP Code | 50458 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | true | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Kenneth E Kirk | ||||||
| PO Box 335 | Osage | IA | 50461 | President | 005.00 | 0 |
| Bruce I Campbell | ||||||
| 215 10th St Suite 1300 | Des Moines | IA | 50309 | Secretary | 004.00 | 0 |
| Deb O'Banion | ||||||
| PO Box 24 14 6th St NW | Nora Springs | IA | 50458 | Treasurer | 004.00 | 0 |
| Ron Hoel | ||||||
| 404 3rd St NE | Nora Springs | IA | 50458 | Vice-Pres | 005.00 | 0 |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
| Expenses1 | 0 | Expenses1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 7633630 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 635553 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 8269183 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 8269183 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 124038 | CashDeemedCharitable |
| Net Noncharitable Assets | 8145145 | NetNoncharitableAssets |
| Minimum Investment Return | 407257 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 407257 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 5516 | TaxBasedOnInvestmentIncome |
| Total Tax | 5516 | TotalTax |
| Distributable Amount Before Adj | 401741 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 401741 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 401741 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 232286 | ExpensesAndContributions |
| Qualifying Distributions | 232286 | QualifyingDistributions |
| Adj Qualifying Distributions | 232286 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 401741 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 145562 | UndistributedIncomePriorYear |
| Qualifying Distributions | 232286 | QualifyingDistributions |
| Applied To Year1 | 145562 | AppliedToYear1 |
| Applied To Current Year | 86724 | AppliedToCurrentYear |
| Undistributed Income CY | 315017 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManager |
| Shareholder Manager | None | ShareholderManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | Sally McConnell | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11561 48th Avenue | AddressLine1 |
| City | St Petersburg | City |
| State | FL | State |
| ZIP Code | 33708 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 7273974004 | RecipientPhoneNumber |
| Form And Info And Materials | Letter request - no prescribed form | FormAndInfoAndMaterials |
| Submission Deadlines | None | SubmissionDeadlines |
| Restrictions On Awards | Recipient of scholarship must attend a 2 yr or 4 yr post high school educational institution located in Iowa. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (22 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| Meganne McMurray | ||||||
| 215 1st St NW | Nora Springs | IA | 50458 | None | College scholarship | $5,000 |
| Amy Rosenbaum | ||||||
| 24053 305th St | Nora Springs | IA | 50458 | None | College scholarship | $5,000 |
| Matthew Kelley | ||||||
| 405 2nd St NE | Nora Springs | IA | 50458 | None | College scholarship | $5,000 |
| Payton Comentino | ||||||
| 609 8th St NW | Nora Springs | IA | 504588853 | None | College scholarship | $5,000 |
| Ryan Stiles | ||||||
| 113 JJ Circle | Nora Springs | IA | 504588611 | None | College scholarship | $5,000 |
| NIACC Foundation | ||||||
| 500 College Dr | Mason City | IA | 50401 | None | College scholarship | $100,800 |
| Amy Rosenbaum | ||||||
| 24053 305th St | Nora Springs | IA | 50458 | None | College scholarship | $5,000 |
| Nora Springs Lions Club | ||||||
| 16 South Summitt | Nora Springs | IA | 50458 | None | Doors for Community Center, operating expenses | $6,000 |
| Portland Community Springers 4-H Club | ||||||
| c/o Dave Luett 24040 260th St | Nora Springs | IA | 50458 | None | Bird feeding community project | $650 |
| Nora Springs-Rock Falls Youth Summer Ball Program | ||||||
| c/o Kendra Kelley PO Box 182 | Nora Springs | IA | 50458 | None | Softball and baseball equipment | $7,587 |
| City of Nora Springs | ||||||
| 14 N Hawkeye Ave | Nora Springs | IA | 50458 | None | Pool repair | $2,856 |
| Nora Springs Lions Club | ||||||
| 16 South Summitt | Nora Springs | IA | 50458 | None | 3 furnaces, 3 air conditioners | $11,750 |
| Nora Springs Public Library | ||||||
| PO Box 337 | Nora Springs | IA | 50458 | None | Donation | $1,000 |
| Park Cemetery Association | ||||||
| c/o Betty Kraninger 1055 135th St | Nora Springs | IA | 50458 | None | Headstone restoration | $17,000 |
| Park Cemetery Association | ||||||
| North Wyatt | Nora Springs | IA | 50458 | None | Donation | $5,000 |
| City of Rudd | ||||||
| PO Box 78 | Rudd | IA | 50471 | None | Rudd East Lake Park campground addition | $9,000 |
| Central Springs Middle School | ||||||
| PO Box 367 | Nora Springs | IA | 50458 | None | 20 I-Pads for middle school computer lab | $9,000 |
| Interfaith Council Food Bank | ||||||
| c/o Lenard Hamand 416 1st St NE | Nora Springs | IA | 50458 | None | Donation | $1,000 |
| American Legion Post #449 | ||||||
| Michael Woodhouse Adjutant PO Box 4 | Nora Springs | IA | 50458 | None | Roof replacement project | $4,658 |
| Nora Springs Historical Society | ||||||
| c/o Colleen Shanks 1251 Dancer Ave | Nora Springs | IA | 50458 | None | Donation | $5,000 |
| First Church of Christ Scientist | ||||||
| 210 Massachusetts Ave P05-15 | Boston | MA | 02115 | None | General fund donation | $1,000 |
| Fossil & Prairie Conservation Foundation | ||||||
| PO Box 495 | Rockford | IA | 50458 | None | Donation-Winnebago Scout Camp | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 222301 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,329 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $212,569 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $88,288 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed (3 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount |
|---|---|---|
| Royalty income from ltd ptp | 15 | $7 |
| Ordinary inc from ltd ptp | 14 | $297 |
| Net section 1231 loss from ltd ptp | 14 | -$154 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $302,336 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 302336 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | John R Adams Estate | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | in care of Sally McConnell 11561 48 | AddressLine1 |
| City | St Petersburg | City |
| State | FL | State |
| ZIP Code | 33708 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 680000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Williams Associates, PLC | Category |
| Amount | $2,950 | Amount |
| Net Investment Income | 1966 | NetInvestmentIncome |
| Disbursements Charitable Prps | 984 | DisbursementsCharitablePrps |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (19 entries)
| NameName | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|---|---|
| 67,121.951 sh Franklin Inv Sec Tr | 2011-08 | 2012-08 | 688000 | 694712 | -6712 |
| Goodrich Corp merger | 2011-08 | 2012-07 | 76500 | 50627 | 25873 |
| 1,000 sh 3SBio Inc ADS | 2011-08 | 2012-07 | 11598 | 15261 | -3663 |
| Tootsie Roll Ins-cash in lieu | 2011-08 | 2012-04 | 11 | 13 | -2 |
| Atlas Resource Ptr-cash in lieu | 2012-03 | 2012-03 | 4 | 3 | 1 |
| 6 sh Atlas Resource Ptr | 2012-03 | 2012-07 | 144 | 139 | 5 |
| 121 sh Global Sources Ltd | 2009-12 | 2012-07 | 773 | 767 | 6 |
| 100 sh Amcol Intl Corp | 2009-12 | 2012-07 | 2844 | 2912 | -68 |
| 96 hs Citigroup Inc | 2009-12 | 2012-07 | 2349 | 3182 | -833 |
| Fayette Co KY Sch Distr Fin | 2009-12 | 2012-01 | 25000 | 25000 | |
| Fleming IS Plan N Cmnty Dev | 2009-12 | 2012-05 | 20000 | 20000 | |
| 165 sh Frontier Comm | 2009-12 | 2012-07 | 578 | 1253 | -675 |
| Hillsborough Cnty FL A Aviation | 2009-12 | 2012-10 | 25000 | 25000 | |
| Lake Cnty FL Sch | 2009-12 | 2012-06 | 25000 | 25000 | |
| 50 sh Research in Motion | 2009-12 | 2012-07 | 319 | 3361 | -3042 |
| Richardson, TX Ind Sch Dist | 2009-12 | 2012-02 | 10000 | 10024 | -24 |
| 150 sh Schnitzer Steel Inds | 2009-12 | 2012-07 | 4036 | 7230 | -3194 |
| 100 sh Sterlite Inds | 2009-12 | 2012-07 | 691 | 1833 | -1142 |
| 100 sh 3SBio Ind ADS | 2009-12 | 2012-07 | 1160 | 1408 | -248 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Form 990PF Part I Line 1 Contributions Gifts Grants Received Cash contributions from Estate of John R Adams 680000 | Explanation |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (85 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 3206 shares of ATT Inc | 89880 | 108074 |
| 16558 shares of Alliant Energy Corp | 51754 | 72803 |
| 375 shares of Alliant Energy Corp | 14837 | 16466 |
| 200 shares of American Express Company | 8298 | 11496 |
| 200 shares of American Railcar Inds Inc Com | 2063 | 6346 |
| 125 shares of Apple Inc Com | 46603 | 66522 |
| 60 shares of Atlas Energy LP Com Units | 955 | 2084 |
| 127 shares of Barrick Gold Corp Com | 5137 | 4446 |
| 300 shares of BHP Billiton Ltd Spons ADR | 23768 | 23526 |
| 750 shares of CH Robinson Worldwide Inc | 50493 | 47415 |
| 700 shares of Canadian Natl Ry Co Com | 49697 | 63707 |
| 550 shares of 63707 | 50111 | 49285 |
| 495285 shares of Chevron Corp New Com | 47386 | 54070 |
| 54070 shares of Chicago Bridge Iron Co | 47915 | 69525 |
| 69525 shares of Cisco Systems Inc | 2389 | 1965 |
| 1965 shares of Coca Cola Company | 52923 | 58000 |
| 256 shares of Comcast Corp Cl A | 4372 | 9564 |
| 300 shares of Corning Inc Com | 5799 | 3786 |
| 100 shares of Coventry Health Care Inc Com | 2521 | 4483 |
| 500 shares of Coventry Health Care Inc Com | 15672 | 22415 |
| 200 shares of DXP Enterprises Inc Com New | 2608 | 9814 |
| 650 shares of Deere Co. | 47211 | 56173 |
| 400 shares of Delta Airlines Inc Com New | 4710 | 4748 |
| 600 shares of Diageo PLC Spons ADR New | 47184 | 69948 |
| 1100 shares of DIrectTV Com Cl A | 48946 | 55176 |
| 100 shares of EV Energy Partners LP Com | 3031 | 5656 |
| 600 shares of Ebay Inc Com | 14379 | 30599 |
| 400 shares of Ford Motor Co Del Com | 4052 | 5180 |
| 3000 shares of General Electric Co Com | 47832 | 62970 |
| 20 shares of Google Inc | 12318 | 14148 |
| 500 shares of HDFC Bk Ltd ADRRepstg 3 SHS | 13057 | 20360 |
| 900 shares of Hershey Co Com | 50650 | 64998 |
| 1500 shares of Hewlett Packard Co Com | 48714 | 21375 |
| 1800 shares of Hormel Foods Corp | 50538 | 56178 |
| 1100 shares of Ingredion Inc Com | 49691 | 70873 |
| 2400 shares of Intel Corp com | 50191 | 49488 |
| 1600 shares of Johnson Ctls Inc Com | 51097 | 49072 |
| 450 shares of Lorillard Inc Com | 47677 | 52501 |
| 485 shares of MGM Resorts Intl Com | 4668 | 5645 |
| 115 shares of MGM Resorts Intl Com | 1531 | 1339 |
| 600 shares of McDonalds Corp | 50201 | 52926 |
| 100 shares of Microsoft Corp | 3088 | 2671 |
| 100 shares of Mindray Med Intl Ltd Spons ADR Repstg | 3458 | 3270 |
| 850 shares of Mosaic Co New Com | 50554 | 48135 |
| 42 shares of Motorola Solutions Inc Com | 1363 | 2339 |
| 100 shares of Netgear Inc Com | 2203 | 3943 |
| 1800 shares of Owens Corning New Com | 49718 | 66582 |
| 700 shares of Philip Morris Intl Inc Com | 48823 | 58548 |
| 268 shares of Pioneer Nat Res Co Com | 13124 | 28566 |
| 800 shares of Procter Gamble Co Com | 49051 | 54312 |
| 11000 shares of Raymond James Finl Inc Com | 266970 | 423830 |
| 400 shares of Rio Tinto PLC Spons ADR | 23504 | 23236 |
| 1000 shares of Rockwell Collins In Del Com Stk | 50770 | 58170 |
| 1100 shares of Skyworks Solutions Inc Com | 23054 | 22330 |
| 100 shares of Tidewater Inc | 4765 | 4468 |
| 1905 shares of Tootsie Roll Inds Inc | 49798 | 49378 |
| 53 shares of Travelers Cos Inc Com | 2628 | 3806 |
| 550 shares of Union Pacific Corp Com | 49789 | 69146 |
| 500 shares of United Contl Hldgs Inc Com | 6555 | 11690 |
| 200 shares of Vale SA ADR | 5772 | 4192 |
| 600 shares of Vale SA ADR | 16462 | 12576 |
| 688 shares of Verizon Communications Com | 20841 | 29770 |
| 112 shares of Verizon Communications Com | 4259 | 4846 |
| 200 shares of Wells Fargo Co New Com | 5401 | 6836 |
| 600 shares of Yahoo Inc Com | 10020 | 11940 |
| 1400 shares of Plum Creek Timber Co Inc Com | 50191 | 62118 |
| 5691 shares of Dreyfus Fund | 45161 | 55776 |
| 999 shares of Fidelity Select Biotechnology Fund | 28574 | 109875 |
| 161617 shares of Franklin High Income Fund Class A | 330239 | 337780 |
| 40331 shares of Ivy High Income Fund Class A | 341500 | 344429 |
| 716 shares of Kinetics Small-Cap Opportunities Fund | 14788 | 18031 |
| 42397 shares of Principal High Yield II Fund | 341681 | 333662 |
| 42305 shares of Sentinel Common Stock Fund | 346827 | 420077 |
| 23517 shares of Templeton Global Bond Fund Class A | 332482 | 314651 |
| 938 shares of Vanguard Index Trust Total Stock | 26236 | 33436 |
| 1159 shares of Wells Fargo Advantage Large-Cap Grwth | 36941 | 39364 |
| 18397 shares of FPA Crescent Portfolio | 511394 | 538830 |
| 10937 shares of First Eagle Global Fund Class A | 523432 | 531428 |
| 19826 shares of Ivy Asset Strategy Fund Class A | 500017 | 513085 |
| 10753 shares of Permanent Portfolio Fund | 507024 | 523026 |
| 19835 shares of Franklin Inv Low Dur Ret A | 205288 | 203106 |
| 9672 shares of Franklin Inv Low Dur Ret A | 100000 | 99033 |
| 22173 shares of Franklin Inv Floating Rate Daily A | 200000 | 202439 |
| 17990 shares of Franklin Funds Total Return Fd Cl A | 188000 | 185841 |
| 23092 shares of Templeton Global Bond Fund Class A | 303912 | 308966 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Securities EOY Book Val | 161831 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 169444 | StateLocalSecuritiesEOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Davis Brown | Category |
| Amount | $6,923 | Amount |
| Disbursements Charitable Prps | 6923 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Basis adjustment Transamerica 5GE-044326 | Description |
| BOY Book Value | -266 | BOYBookValue |
| EOY Book Value | -1076 | EOYBookValue |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases (9 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Transamerica 5GE-044326 Ivy High Inc Fd div pd 1/3/13, included in 2012 income | $2,301 |
| Transamerica 5GE-044326 Principal High Yield div pd in 2013, included in 2012 income | $2,411 |
| Transamerica 5GE-044326 Frontier Communications basis reduction | $79 |
| Transamerica 08H-217666 ord div 920 LTCG 20,420 pd 1/3/13, included in 2012 income | $21,340 |
| IBA Securities Franklin Floating Rate div pd 1/2/13 but included in 2012 income | $672 |
| IBA Securities Franklin Total Return div pd 1/2/13 but included in 2012 income | $1,390 |
| IBA Securities Franklin Total Return LTCG dist 1,382 STCG 1,493 pd 1/2/13 included in 2012 inc | $2,875 |
| IBA Securities Franklin Low Dur div pd 1/2/13 but included in 2012 income | $1,924 |
| Penalties | $119 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (7 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| Bank charges | 5 | 5 | |
| Director Officer Liability Insurance | 1973 | 1973 | |
| EV Energy Partners, LP-depletion | 295 | 295 | |
| Investment fees | 58 | 58 | |
| Postage | 49 | 49 | |
| Supplies | 51 | 51 | |
| EV Energy Partners, LP-section 59e2 expenditures | 205 | 205 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EV Energy Partners, LP-net section 1231 gain loss | -154 | -154 |
| EV Energy Partners, LP-Royalties | 7 | 7 |
| EV Energy Partners, LP-Ordinary income from partnership | 297 | 297 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Transam 5GE-044326 Frontier Communications basis assigned to Atlas Resource Ptrs, LP spin-off | $142 |
| IBA Securities div pd 1/3/12 included in 2011 income | $10,494 |
| IBA Securities div pd 1/3/12 included in 2011 income | $1,621 |
| Transamerica 05GE-044326 div pd in 2012 included in 2011 income | $4,688 |
| rounding | $1 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TransAmerica investment advisory fees | Category |
| Amount | $15,879 | Amount |
| Net Investment Income | 15183 | NetInvestmentIncome |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | Estate of John R Adams | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Sally McConnell 11561 48th Av N | AddressLine1 |
| City | St Petersburg | City |
| State | FL | State |
| ZIP Code | 33708 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Foreign tax paid | $888 | 888 |
| Tax on investment income | $15,640 |