MONTERA ENDOWED SCHOLARSHIP FUND: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: MONTERA ENDOWED SCHOLARSHIP FUND (EIN 20-1859199)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-08
IRS object ID: 201333129349100513
Schema version: 2012v2.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-08T09:03:44-08:00	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	DUNN HENRITZE LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	215 W OAK ST STE 1100	AddressLine1
City	FORT COLLINS	City
State	CO	State
ZIP Code	805212733	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	201859199	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Montera Endowed Scholarship Fund	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MONT	NameControl
Phone	9704541357	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	134 Oak Avenue	AddressLine1
City	Eaton	City
State	CO	State
ZIP Code	80615	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Richard A Montera	Name
Title	President	Title
Date Signed	2013-11-08	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Dean Dunn	Name
PTIN	P00212124	PTIN
Phone	9704077215	Phone

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	499037	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	9185	DividendsRevAndExpnss
Dividends Net Invst Incm	9185	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	44174	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	156442	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	44174	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	53359	TotalRevenueAndExpenses
Total Net Investment Income	53359	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	100	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	50	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	50	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	156	TaxesRevAndExpnss
Taxes Net Invst Incm	78	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	78	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	5743	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	2872	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	2871	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	5999	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	3000	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	2999	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	73261	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	73261	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	79260	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	3000	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	76260	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-25901	ExcessOfRevenueOverExpenses
Net Investment Income	50359	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	26590	CashBOY
Cash EOY	11039	CashEOY
Cash EOYFMV	11039	CashEOYFMV
Prepaid Expenses BOY	689	PrepaidExpensesBOY
Prepaid Expenses EOY	1689	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	1689	PrepaidExpensesEOYFMV
Investments Corp Stock BOY	392565	InvestmentsCorpStockBOY
Investments Corp Stock EOY	381215	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	486309	InvestmentsCorpStockEOYFMV
Total Assets BOY	419844	TotalAssetsBOY
Total Assets EOY	393943	TotalAssetsEOY
Total Assets EOYFMV	499037	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	607466	CapitalStockBOY
Capital Stock EOY	607466	CapitalStockEOY
Retained Earnings BOY	-187622	RetainedEarningsBOY
Retained Earnings EOY	-213523	RetainedEarningsEOY
Total Net Assets BOY	419844	TotalNetAssetsBOY
Total Net Assets EOY	393943	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	419844	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	393943	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	419844	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-25901	ExcessOfRevenueOverExpenses
Subtotal	393943	Subtotal
Total Net Assets Fund Balances EOY	393943	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	44174	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	2075	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	27075	QualifyingDistributionsYear1
Noncharitable Assets Year1	525972	NoncharitableAssetsYear1
Distribution Ratio Year1	0.05148	DistributionRatioYear1
Qualifying Distributions Year2	22080	QualifyingDistributionsYear2
Noncharitable Assets Year2	478824	NoncharitableAssetsYear2
Distribution Ratio Year2	0.04611	DistributionRatioYear2
Qualifying Distributions Year3	17911	QualifyingDistributionsYear3
Noncharitable Assets Year3	418918	NoncharitableAssetsYear3
Distribution Ratio Year3	0.04276	DistributionRatioYear3
Qualifying Distributions Year4	28106	QualifyingDistributionsYear4
Noncharitable Assets Year4	534193	NoncharitableAssetsYear4
Distribution Ratio Year4	0.05261	DistributionRatioYear4
Qualifying Distributions Year5	33232	QualifyingDistributionsYear5
Noncharitable Assets Year5	662005	NoncharitableAssetsYear5
Distribution Ratio Year5	0.05020	DistributionRatioYear5
Total Distribution Ratio	0.24316	TotalDistributionRatio
Average Distribution Ratio	0.04863	AverageDistributionRatio
Net Noncharitable Assets	528526	NetNoncharitableAssets
Adjusted Noncharitable Assets	25703	AdjustedNoncharitableAssets
One Percent Net Investment Income	504	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	26207	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	76260	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	504	InvestmentIncomeExciseTax
Subtotal	504	Subtotal
Tax Based On Investment Income	504	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	1689	EstTaxPaymentsAndOverpayment
Total Credits And Payments	1689	TotalCreditsAndPayments
Overpayment	1185	Overpayment
Amount Credited To Next Year	1185	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
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	CO	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	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 Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Montera Endowed Scholarship Fu	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	9704541357	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	134 Oak Avenue	AddressLine1
City	Eaton	City
State	CO	State
ZIP Code	80615	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
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
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
Maint Expend Responsibility	false	MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Richard L Monfort
134 Oak Avenue	Eaton	CO	80615	Sec/Treas	1.00	0
Richard A Montera
134 Oak Avenue	Eaton	CO	80615	President	1.00	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	511657	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	24918	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	536575	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	536575	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	8049	CashDeemedCharitable
Net Noncharitable Assets	528526	NetNoncharitableAssets
Minimum Investment Return	26426	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	26426	MinimumInvestmentReturn
Tax Based On Investment Income	504	TaxBasedOnInvestmentIncome
Total Tax	504	TotalTax
Distributable Amount Before Adj	25922	DistributableAmountBeforeAdj
Distributable Amount Before Ded	25922	DistributableAmountBeforeDed
Distributable Amount As Adjusted	25922	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	76260	ExpensesAndContributions
Qualifying Distributions	76260	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	504	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	75756	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	25922	DistributableAmountAsAdjusted
Excess Distri Carryover Year2	8851	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	27075	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	35926	TotalExcessDistriCarryover
Qualifying Distributions	76260	QualifyingDistributions
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	25922	AppliedToCurrentYear
Remaining Distri From Corpus	50338	RemainingDistriFromCorpus
Total Corpus	86264	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	86264	ExcessDistriCyovToNextYear
Excess From Year2	8851	ExcessFromYear2
Excess From Year1	27075	ExcessFromYear1
Excess From Current Year	50338	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	Richard L Monfort	ContributingManager
Contributing Manager	Richard A Montera	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	Dave Evans	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	134 Oak Avenue	AddressLine1
City	Eaton	City
State	CO	State
ZIP Code	80615	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	9704541357	RecipientPhoneNumber
Form And Info And Materials	Provided by employer to which the program relates.	FormAndInfoAndMaterials
Submission Deadlines	N/A	SubmissionDeadlines
Restrictions On Awards	Grants provided under an employer-related program to children of employees of the employer to which the program relates pursuant to Rev. Proc. 76-47.	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (14 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
Eaton Baseball
114 Park Ave Attn Jim Danly	Eaton	CO	80615	None	Public	Scholarship	$4,500
University of Wisconsin
500 Lincoln Dr	Madison	WI	53706	None	Public	Scholarship	$5,000
Aims CC on behalf of Steven Pierce
5401 W 20th Street	Greeley	CO	80634	None	Public	Scholarship	$1,445
ITT Tech Inst on behalf of Cody Han
9814 M Street	Omaha	NE	68127	None	Public	Scholarship	$5,000
Univ Neb-Omaha on behalf of Taylor
6506 University Dr South	Omaah	NE	68182	None	Public	Scholarship	$5,000
Univ North CO on behalf Steven Weig
2901 South 27th Avenue	Greeley	CO	80634	None	Public	Scholarship	$5,000
Univ North CO on behalf Blair Peter
2901 South 27th Avenue	Greeley	CO	80634	None	Public	Scholarship	$3,560
Univ North CO on behalf of Justin M
2901 South 27th Avenue	Greeley	CO	80634	None	Public	Scholarship	$5,000
Univ North CO on behalf of Shay Sti
2901 South 27th Avenue	Greeley	CO	80634	None	Public	Scholarship	$5,000
Aims CC on behalf of Michelle Wicke
5401 W 20th Street	Greeley	CO	80634	None	Public	Scholarship	$5,000
Aims CC on behalf of Steven Weigand
5401 W 20th Street	Greeley	CO	80634	None	Public	Scholarship	$1,937
Aims CC on behalf of Ryan Ledbetter
6401 W 20th Street	Greeley	CO	80634	None	Public	Scholarship	$1,708
Univ Neb-Omaha on behalf of Taylor
6506 University Dr South	Omaha	NE	68182	None	Public	Scholarship	$2,611
Colorado State University
1062 Campus Delivery	Fort Collins	CO	80523	None	Public	General Purpose	$22,500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	73261	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$9,185	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$44,174	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$53,359	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	53359	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	Accounting Fees	Category
Amount	$100	Amount
Net Investment Income	50	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	50	DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	Investment Management Fees	Description
Revenue And Expenses Per Books	5743	RevenueAndExpensesPerBooks
Net Investment Income	2872	NetInvestmentIncome
Disbursements Charitable Prps	2871	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	Foreign Taxes	Category
Amount	$156	Amount
Net Investment Income	78	NetInvestmentIncome
Disbursements Charitable Prps	78	DisbursementsCharitablePrps