MEMMEN FAMILY FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MEMMEN FAMILY FOUNDATION INC (EIN 39-1995802)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-15
IRS object ID: 201211369349101996
Schema version: 2011v1.2
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
Accounting Fees Schedule
Compensation Explanation
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Land Etc Schedule2
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-15T15:06:55-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BISCHEL & COMPANY SC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1585 ALLOUEZ AVE STE 3	AddressLine1
City	GREEN BAY	City
State	WI	State
ZIP Code	54311	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	391995802	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MEMMEN FAMILY FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MEMM	NameControl
Phone	9204988831	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4492 CHOCTAW TRAIL	AddressLine1
City	GREEN BAY	City
State	WI	State
ZIP Code	543136781	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JAMES E MEMMEN	Name
Title	PRESIDENT	Title
Phone	9204988831	Phone
Date Signed	2012-05-14	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	STEPHEN J BISCHEL	Name
Phone	9204324477	Phone
Date Prepared	2012-05-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	464404	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
Interest On Savings Rev And Expnss	3847	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	3847	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	931	DividendsRevAndExpnss
Dividends Net Invst Incm	931	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	164	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	75164	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	164	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	4942	TotalRevenueAndExpenses
Total Net Investment Income	4942	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	2884	AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps	2884	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	2	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	2	OtherProfFeesNetInvstIncm
Taxes Rev And Expnss	460	TaxesRevAndExpnss
Other Expenses Rev And Expnss	80	OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps	80	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	3426	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	2	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	2964	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	12400	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	12400	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	15826	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	2	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	15364	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-10884	ExcessOfRevenueOverExpenses
Net Investment Income	4940	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	402528	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	400483	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	400483	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock EOY	66161	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	63921	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	75000	InvestmentsCorpBondsBOY
Land Building And Equipment Basis	2000	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	2000	AccumDeprecLandBldgAndEquip
Total Assets BOY	477528	TotalAssetsBOY
Total Assets EOY	466644	TotalAssetsEOY
Total Assets EOYFMV	464404	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	477528	RetainedEarningsBOY
Retained Earnings EOY	466644	RetainedEarningsEOY
Total Net Assets BOY	477528	TotalNetAssetsBOY
Total Net Assets EOY	466644	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	477528	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	466644	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	477528	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-10884	ExcessOfRevenueOverExpenses
Subtotal	466644	Subtotal
Total Net Assets Fund Balances EOY	466644	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
25000 NATIONAL RURAL UTIL COOP	P	2009-01-12	2011-01-18	25000	25000
50000 BANK OF AMERICA	P	2009-09-08	2011-09-12	50164	50000	164	164

Field	Value	IRS element (for citing)
Capital Gain Net Income	164	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	21158	QualifyingDistributionsYear1
Noncharitable Assets Year1	484116	NoncharitableAssetsYear1
Distribution Ratio Year1	0.043704	DistributionRatioYear1
Qualifying Distributions Year2	20180	QualifyingDistributionsYear2
Noncharitable Assets Year2	464649	NoncharitableAssetsYear2
Distribution Ratio Year2	0.043431	DistributionRatioYear2
Qualifying Distributions Year3	16255	QualifyingDistributionsYear3
Noncharitable Assets Year3	505874	NoncharitableAssetsYear3
Distribution Ratio Year3	0.032133	DistributionRatioYear3
Qualifying Distributions Year4	41482	QualifyingDistributionsYear4
Noncharitable Assets Year4	570429	NoncharitableAssetsYear4
Distribution Ratio Year4	0.072721	DistributionRatioYear4
Qualifying Distributions Year5	36946	QualifyingDistributionsYear5
Noncharitable Assets Year5	562233	NoncharitableAssetsYear5
Distribution Ratio Year5	0.065713	DistributionRatioYear5
Total Distribution Ratio	0.257702	TotalDistributionRatio
Average Distribution Ratio	0.051540	AverageDistributionRatio
Net Noncharitable Assets	466260	NetNoncharitableAssets
Adjusted Noncharitable Assets	24031	AdjustedNoncharitableAssets
One Percent Net Investment Income	49	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	24080	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	15364	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	99	InvestmentIncomeExciseTax
Subtotal	99	Subtotal
Tax Based On Investment Income	99	TaxBasedOnInvestmentIncome
Tax Due	99	TaxDue
Amount Credited To Next Year	0	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	WI	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 Person Name	JAMES MEMMEN	BooksInCareOfPersonName
Books In Care Of Phone Number	9204988831	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	4492 CHOCTAW TRAIL	AddressLine1
City	GREEN BAY	City
State	WI	State
ZIP Code	543136781	ZIPCode

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
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	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract

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	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
JAMES MEMMEN
4492 CHOCTAW TRAIL	GREEN BAY	WI	54313	PRESIDENT	2.00	0	0	0
MARY MEMMEN
4492 CHOCTAW TRAIL	GREEN BAY	WI	54313	VP/SECRETARY	2.00	0	0	0
ALEXANDER MEMMEN
1355 N SANDBURG 2709	CHICAGO	IL	60610	DIRECTOR	1.00	0	0	0
GENEVIEVE MEMMEN
413 GANNON AVENUE	MADISON	WI	53714	DIRECTOR	1.00	0	0	0

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

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	POTENTIAL CONTRIBUTIONS WERE REVIEWED AND DONATIONS WERE MADE	Description1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	56480	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	416880	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	473360	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	473360	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	7100	CashDeemedCharitable
Net Noncharitable Assets	466260	NetNoncharitableAssets
Minimum Investment Return	23313	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	23313	MinimumInvestmentReturn
Tax Based On Investment Income	99	TaxBasedOnInvestmentIncome
Total Tax	99	TotalTax
Distributable Amount Before Adj	23214	DistributableAmountBeforeAdj
Distributable Amount Before Ded	23214	DistributableAmountBeforeDed
Distributable Amount As Adjusted	23214	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	15364	ExpensesAndContributions
Qualifying Distributions	15364	QualifyingDistributions
Adj Qualifying Distributions	15364	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	23214	DistributableAmountAsAdjusted
Undistributed Income Prior Year	11029	UndistributedIncomePriorYear
Qualifying Distributions	15364	QualifyingDistributions
Applied To Year1	11029	AppliedToYear1
Applied To Current Year	4335	AppliedToCurrentYear
Undistributed Income CY	18879	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2	Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
ST ANNE'S EPISCOPAL
CHURCH	347 S LIBAL STREET	DE PERE	WI	54115	PUBLIC	GENERAL PROGRAM	$11,750
CHRIST EPISCOPAL CHURCH
	410 GRAND AVENUE	WAUKEGAN	IL	60085	PUBLIC	GENERAL PROGRAM	$200
PAWWS TO HEAL
	3605 N SHERMAN AVENUE	MADISON	WI	53704	PUBLIC	GENERAL PROGRAM	$150
ST LUKE'S EPISCOPAL
CHURCH	4011 MAJOR AVENUE	MADISON	WI	53716	PUBLIC	GENERAL PROGRAM	$100
BELLIN MEMORIAL HOSPITAL
ALLISON BUSH MEMORIAL FUND	744 S WEBSTER AVENUE	GREEN BAY	WI	54301	PUBLIC	NEUROSCIENCE CENTER GENERAL PROGRAM	$100
TOUR DE FORCE 911 MEMORIAL
BIKE RIDE	532 WINGATE STREET	GREEN BAY	WI	54311	PUBLIC	GENERAL PROGRAM	$100

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	12400	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	$3,847	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$931	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$164	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$4,942	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	4942	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	BISCHEL & COMPANY, S.C.	Category
Amount	$2,884	Amount
Disbursements Charitable Prps	2884	DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

JAMES MEMMEN
MARY MEMMEN
ALEXANDER MEMMEN
GENEVIEVE MEMMEN

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (2 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Prior Years DepreciationPriorYearsDepreciation	Computation MethodComputationMethod	LifeLife
COMPUTER	2001-07-01	1900	1900	200DB	5.0000
FUTNITURE	2001-07-01	100	100	200DB	7.0000

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (2 entries)

Name Of BondNameOfBond
25000 NATIONAL RURAL UTILITIES
50000 BANK OF AMERICA

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (3 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
300 SH 3M COMPANY	27939	24519
600 SH SEADRILL ORD (BERMUDA)	19922	19908
600 SH LYONDELLBASELL INDUSTRY NETH	18300	19494

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Field	Value	IRS element (for citing)
Cost Or Other Basis	2000	CostOrOtherBasis
Accumulated Depreciation	2000	AccumulatedDepreciation

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
EXPENSES
WI ANNUAL REPORT FILING	10	10
BANK SERVICE CHARGES	70	70

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	WELLS FARGO ADV- INVESTMENT FEES	Category
Amount	$2	Amount
Net Investment Income	2	NetInvestmentIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount
990 2010 FEDERAL TAX	$32
2011 FOREIGN TAXES PAID	$428