-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
08-01-2019
, and ending
07-31-2020
Name of foundation
LSB FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX E
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
REINBECK
,
IA
506690159
A Employer identification number
20-1653464
B
Telephone number (see instructions)
(319) 788-6441
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
52,312
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
230,039
2
Check
.............
3
Interest on savings and temporary cash investments
671
671
4
Dividends and interest from securities
...
202
202
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
148
b
Gross sales price for all assets on line 6a
7,013
7
Capital gain net income (from Part IV, line 2)
...
148
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
231,060
1,021
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
2,700
1,350
1,350
c
Other professional fees (attach schedule)
....
1,289
644
645
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
-28
-14
-14
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
3,961
1,980
1,981
25
Contributions, gifts, grants paid
.......
231,920
231,920
26
Total expenses and disbursements.
Add lines 24 and 25
235,881
1,980
233,901
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-4,821
b
Net investment income
(if negative, enter -0-)
0
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
51,274
40,442
40,442
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
4,475
10,486
11,870
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
55,749
50,928
52,312
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
55,749
50,928
29
Total net assets or fund balances
(see instructions)
.....
55,749
50,928
30
Total liabilities and net assets/fund balances
(see instructions)
.
55,749
50,928
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
55,749
2
Enter amount from Part I, line 27a
.....................
2
-4,821
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
50,928
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
50,928
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
DNP SELECT INCOME FD INC
P
b
WELLS FARGO BANK NA
P
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
13
13
b
7,000
6,865
135
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
13
b
135
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
148
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
237,136
66,495
3.566223
2017
221,477
74,001
2.992892
2016
206,601
72,018
2.868741
2015
166,590
54,064
3.081348
2014
286,073
76,053
3.761495
2
Total
of line 1, column (d)
.....................
2
16.270699
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
3.254140
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
52,094
5
Multiply line 4 by line 3
......................
5
169,521
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
0
7
Add lines 5 and 6
........................
7
169,521
8
Enter qualifying distributions from Part XII, line 4
,.............
8
233,901
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
0
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
0
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
0
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
33
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
33
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
33
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
33
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
JIM THIELEN
Telephone no.
(319) 233-1900
Located at
242 TOWER PARK DRIVE
WATERLOO
IA
ZIP+4
50701
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
MILT DAKOVICH
CHAIRMAN
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
JEFFREY DRALLE
VICE CHAIRMAN
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
MICHAEL PETERSON
SECRETARY
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
STEVE BROUWER
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
ERICK SKOVGARD
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
DAVID DEEDS
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
W SCOTT BUSH
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
DENNIS PRESNALL
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
SALLY HOLLIS
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
LINDA ALLEN
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
TONY SCAVUZZU
TRUSTEE
0.50
0
0
0
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
6,474
b
Average of monthly cash balances
.......................
1b
46,413
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
52,887
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
52,887
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
793
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
52,094
6
Minimum investment return.
Enter 5% of line 5
..................
6
2,605
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
2,605
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,605
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
2,605
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
2,605
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
233,901
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
233,901
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
233,901
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
2,605
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
282,270
b
From 2015
......
163,887
c
From 2016
......
203,000
d
From 2017
......
217,777
e
From 2018
......
233,811
f
Total
of lines 3a through e
........
1,100,745
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
233,901
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
2,605
e
Remaining amount distributed out of corpus
231,296
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
1,332,041
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
282,270
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
1,049,771
10
Analysis of line 9:
a
Excess from 2015
....
163,887
b
Excess from 2016
....
203,000
c
Excess from 2017
....
217,777
d
Excess from 2018
....
233,811
e
Excess from 2019
....
231,296
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JOAN RICE
242 TOWER PARK DRIVE
WATERLOO
,
IA
50701
(319) 233-1900
b
The form in which applications should be submitted and information and materials they should include:
APPLICATIONS FOR GRANTS ARE AVAILABLE AT THE OFFICES OF LINCOLN SAVINGS BANK
c
Any submission deadlines:
APPLICATIONS ARE REVIEWED AS RECEIVED ON A QUARTERLY BASIS. ALL TIMES ARE SPECIFIED ON THE GRANT.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE MADE ONLY TO TAX QUALIFIED ORGANIZATIONS WITH IN THE GEOGRAPHIC MARKETS SERVED BY LINCOLN SAVINGS BANK
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
ADM SCHOLARSHIP FOUNDATION
215 NORTH 11TH STREET
ADEL
,
IA
50003
NONE
PC
GENERAL OPERATING
1,000
ALLEN FOUNDATION
1825 LOGAN AVENUE
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
5,250
ALLISON LITTLE LAMBS
721 CHERRY STREET
ALLISON
,
IA
50602
NONE
PC
GENERAL OPERATING
1,000
ALTERNATIVES PREGNANCY CENTER
1006 DECATHLON DR
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
700
ALZHEIMER'S ASSOCIATION
317 7TH AVE SE UNIT 402
CEDAR RAPIDS
,
IA
52401
NONE
PC
GENERAL OPERATING
1,860
AMANI COMMUNITY SERVICES
1073 ROCKFORD RD SW
CEDAR RAPIDS
,
IA
52404
NONE
PC
GENERAL OPERATING
1,000
AMERICAN CANCER SOCIETY
225 N MICHIGAN AVE 1210
CHICAGO
,
IL
60601
NONE
PC
GENERAL OPERATING
800
AMERICAN RED CROSS
6300 ROCKWELL DR NE
CEDAR RAPIDS
,
IA
52402
NONE
PC
GENERAL OPERATING
5,770
ANKENY DOLLARS FOR SCHOLARS
406 SW SCHOOL STREET
ANKENY
,
IA
50023
NONE
PC
DOLLARS FOR SCHOLARS
1,000
APLINGTON-PARKERSBURG DOLLARS FOR SCHOLARS
PO BOX 669
PARKERSBURG
,
IA
50665
NONE
PC
DOLLARS FOR SCHOLARS
1,000
BEAU'S BEAUTIFUL BLESSINGS
PO BOX 1232
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,000
BEL CANTO CEDAR VALLEY
3117 GREENHILL CIRCLE
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,500
BELLA'S BUDDIES
3209 W COUNTY ROAD 212
BUFFALO
,
TX
75831
NONE
PC
GENERAL OPERATING
500
BIG BROTHERS BIG SISTERS OF CENTRAL IOWA
9051 SWANSON BLVD
CLIVE
,
IA
50325
NONE
PC
GENERAL OPERATING
2,480
BIG BROTHERS BIG SISTERS OF NORTHEAST IOWA
2530 UNIVERSITY AVE STE 8
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
670
BIT TO BYTE STEM HUB
1805 COLLABORATION PLACE
AMES
,
IA
50010
NONE
PC
GENERAL OPERATING
1,800
BLUE LIPS FOUNDATION
3201 163RD ST
URBANDALE
,
IA
50323
NONE
PC
GENERAL OPERATING
1,500
BOYS & GIRLS CLUB OF CEDAR VALLEY
515 LIME ST
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
5,656
BRISTOW BETTERMENT
29048 290TH ST
NEW HARTFORD
,
IA
50660
NONE
PC
GENERAL OPERATING
250
BUTLER COUNTY CONSERVATION BOARD
28727 TIMBER RD
CLARKSVILLE
,
IA
50619
NONE
PC
GENERAL OPERATING
279
BUTLER COUNTY VISIONS OF WELL-BEING
PO BOX 744
ALLISON
,
IA
50602
NONE
PC
GENERAL OPERATING
500
CAMP HERTKO HOLLOW
501 GRAND AVENUE
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
1,000
CATHOLIC CHARITIES
420 6TH STREET SE
CEDAR RAPIDS
,
IA
52401
NONE
PC
GENERAL OPERATING
300
CEDAR BEND HUMANE SOCIETY INC
1166 W AIRLINE HWY
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
5,807
CEDAR FALLS COMMUNITY MAIN STREET
310 E 4TH ST
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,000
CEDAR FALLS COMMUNITY SCHOOLS FOUNDATION
602 MAIN STREET
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
600
CEDAR FALLS HISTORICAL SOCIETY
308 W 3RD ST
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
2,500
CEDAR FALLS LUTHERAN HOME
7511 UNIVERSITY AVE
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,000
CEDAR VALLEY CANCER COMMITTEE
1753 W RIDGEWAY AVE
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
1,000
CEDAR VALLEY HOSPICE
2101 KIMBALL AVE STE 401
WATERLOO
,
IA
50702
NONE
PC
GENERAL OPERATING
1,328
CEDAR VALLEY HOSPITALITY HOUSE
1003 MULBERRY ST
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
1,000
CEDAR VALLEY MAKERS
360 WESTFIELD AVE
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
100
CEDAR VALLEY UNITED WAY
425 CEDAR ST STE 300
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
200
CHICKASAW COUNTY HISTORICAL SOCIETY
3009 GILMORE AVENUE
IONIA
,
IA
50645
NONE
PC
GENERAL OPERATING
1,500
CHILDREN AND FAMILIES OF IOWA
1111 UNIVERSITY AVE
DES MOINES
,
IA
50314
NONE
PC
GENERAL OPERATING
1,000
CHILDREN'S CANCER CONNECTION
2708 GRAND AVE
DES MOINES
,
IA
50312
NONE
PC
GENERAL OPERATING
500
CHRISTIAN COMMUNITY DEVELOPMENT DBA HOUSE OF HOPE
1744 2ND AVE SE
CEDAR RAPIDS
,
IA
52403
NONE
PC
GENERAL OPERATING
3,500
CITY OF ALLISON
410 NORTH MAIN STREET
ALLISON
,
IA
50602
NONE
GOV
GENERAL OPERATING
2,500
CITY OF GARWIN
208 MAIN STREET
GARWIN
,
IA
50632
NONE
GOV
GENERAL OPERATING
5,000
CITY OF REINBECK
414 MAIN STREET
REINBECK
,
IA
50669
NONE
GOV
GENERAL OPERATING
3,682
COMMUNITY FOUNDATION OF NORTHEAST IOWA
425 CEDAR ST STE 310
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
3,000
COURAGE LEAGUE SPORTS
4405 121ST ST
URBANDALE
,
IA
50323
NONE
PC
GENERAL OPERATING
1,500
CULTUREALL INC
PO BOX 3913
URBANDALE
,
IA
50323
NONE
PC
GENERAL OPERATING
1,000
CYCLONE REGIONAL TRAINING CENTER INC
3103 NW 89TH AVE
ANKENY
,
IA
50023
NONE
PC
GENERAL OPERATING
1,000
DES MOINES AREA RELIGIOUS COUNCIL
1435 MULBERRY ST
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
1,500
DES MOINES HERITAGE TRUST
120 E 5TH ST
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
1,500
DES MOINES WATER WORKS PARK FOUNDATION
2201 GEORGE FLAGG PKWY
DES MOINES
,
IA
50321
NONE
PC
GENERAL OPERATING
5,000
DO BETTER BE BETTER
185 FAIRWAY DR
DIKE
,
IA
50624
NONE
PC
GENERAL OPERATING
200
DRAKE UNIVERSITY LAW SCHOOL
2507 UNIVERSITY AVE
DES MOINES
,
IA
50311
NONE
PC
GENERAL OPERATING
1,000
EASTER SEALS
2920 30TH ST
DES MOINES
,
IA
50310
NONE
PC
GENERAL OPERATING
1,000
EVERYBODY WINS IOWA
901 WALNUT ST 640
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
500
FAMILY & CHILDREN'S COUNCIL
316 W 5TH ST
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
1,000
FATHER BRUNKAN CHARITY FUND ST MARY PARISH
ST MARY CATHOLIC CHURCH PO BOX 480
GREENE
,
IA
506360480
NONE
PC
GENERAL OPERATING
200
FIRST ROBOTICS COMPETITION IOWA
214 EAST BARTLETT HALL
CEDAR FALLS
,
IA
50614
NONE
PC
GENERAL OPERATING
1,000
FRIENDS OF THE FAMILY
5250 N PARK PL NE 105
CEDAR RAPIDS
,
IA
52402
NONE
PC
GENERAL OPERATING
1,160
FRIENDS OF THE IOWA VETERANS CEMETERY
34024 VETERANS MEMORIAL DR
ADEL
,
IA
50003
NONE
PC
GENERAL OPERATING
1,500
FRIENDS OF THE LIBRARY
450 5TH AVENUE SE
CEDAR RAPIDS
,
IA
52401
NONE
PC
GENERAL OPERATING
200
GIRL SCOUTS OF GREATER IOWA
10715 HICKMAN RD
URBANDALE
,
IA
50322
NONE
PC
GENERAL OPERATING
330
GLADBROOK-REINBECK DOLLARS FOR SCHOLARS
300 CEDAR ST
REINBECK
,
IA
50669
NONE
PC
DOLLARS FOR SCHOLARS
2,000
GMG FOUNDATION
306 PARK ST
GARWIN
,
IA
50632
NONE
PC
GENERAL OPERATING
1,000
GRANDVIEW CHRISTIAN SCHOOL
2905 NE 46TH AVE
DES MOINES
,
IA
50317
NONE
GOV
GENERAL OPERATING
3,000
GRAY WARRIORS
1514 ALGONQUIN DR
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,500
GREATER CEDAR VALLEY ALLIANCE FOUNDATION
RIVER PLAZA BUILDING 10 W 4TH ST
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
5,000
GREENE AMERICAN LEGION
10068 SANDHILL RD
GREENE
,
IA
50636
NONE
PC
GENERAL OPERATING
600
GREENE AREA CHAMBER OF COMMERCE
202 W SOUTH ST
GREENE
,
IA
50636
NONE
PC
GENERAL OPERATING
100
GREENE BETTERMENT COUNCIL
202 W SOUTH ST
GREENE
,
IA
50636
NONE
PC
GENERAL OPERATING
300
GREENE FIREFIGHTERS ASSN
213 N 2ND ST
GREENE
,
IA
50636
NONE
GOV
GENERAL OPERATING
250
GREENE VOLUNTEER AMBULANCE SERVICE
213 N 2ND ST
GREENE
,
IA
50636
NONE
GOV
GENERAL OPERATINGGENERAL OPERATING
250
GRIN & GROW LTD
1407 INDEPENDENCE AVE
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
4,260
GRINNELL BIG BROTHERS BIG SISTERS
31 S 1ST STREET
MARSHALLTOWN
,
IA
50158
NONE
PC
GENERAL OPERATING
65
GRINNELL NEWBURG DOLLARS FOR SCHOLARS
PO BOX 344
GRINNELL
,
IA
50112
NONE
PC
DOLLARS FOR SCHOLARS
1,000
GRINNELL TIGERS BOOSTER CLUB
1333 SUNSET ST
GRINNELL
,
IA
50112
NONE
PC
GENERAL OPERATING
4,000
GROUT MUSEUM DISTRICT
503 SOUTH ST
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
1,000
GRUNDY CENTER HIGH SCHOOL
1301 12TH ST
GRUNDY CENTER
,
IA
50638
NONE
GOV
GENERAL OPERATING
3,000
GRUNDY CO MEMORIAL HOSPITAL
201 E J AVE
GRUNDY CENTER
,
IA
50638
NONE
PC
GENERAL OPERATING
3,000
GRUNDY COMMUNITY PRESCHOOL & CHILDCARE CENTER
1001 8TH ST
GRUNDY CENTER
,
IA
50638
NONE
PC
GENERAL OPERATING
1,000
HARTMAN RESERVE NATURE CENTER
657 RESERVE DR
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
240
HAWKEYE COMMUNITY COLLEGE FOUNDATION
1501 EAST ORANGE ROAD PO BOX 8015
WATERLOO
,
IA
50704
NONE
PC
GENERAL OPERATING
5,000
HAWKEYE COMMUNITY COLLEGE
1501 EAST ORANGE ROAD
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
1,000
HEART OF IOWA BIG BROTHERS BIG SISTERS
31 S 1ST STREET
MARSHALLTOWN
,
IA
50158
NONE
PC
GENERAL OPERATING
500
HOSPICE OF CENTRAL IOWA
3000 EASTON BLVD 3
DES MOINES
,
IA
50317
NONE
PC
GENERAL OPERATING
1,000
HUDSON EDUCATION FUND
245 S WASHINGTON
HUDSON
,
IA
50643
NONE
PC
GENERAL OPERATING
1,000
IMMIGRANT ENTREPRENEURS SUMMIT
3816 INGERSOLL AVE
DES MOINES
,
IA
50312
NONE
PC
GENERAL OPERATING
1,000
IMPACT COMMUNITY ACTION PARTNERSHIP
115 N 2ND AVE E
NEWTON
,
IA
50208
NONE
PC
GENERAL OPERATING
1,500
IOWA ARTS IN EDUCATION DBA ARTFORCE IOWA
900 MULBERRY ST
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
1,000
IOWA COLLEGE FOUNDATION
505 5TH AVE 1034
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
6,000
IOWA HEARTLAND HABITAT FOR HUMANITY
4107 HAMMOND AVE
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPEARTING
2,552
IOWA INTERNATIONAL CENTER
3839 MERLE HAY RD 259
DES MOINES
,
IA
50310
NONE
PC
GENERAL OPERATING
1,500
JANESVILLE COMMUNITY CENTER INC
307 MAPLE STREET
JANESVILLE
,
IA
50647
NONE
PC
GENERAL OPERATING
1,000
JAY N DARLING LEGACY CENTER
2507 UNIVERSITY AVE
DES MOINES
,
IA
50311
NONE
PC
GENERAL OPERATING
500
JDRF GREATER IOWA
4515 FLEUR DR UNIT 203
DES MOINES
,
IA
50321
NONE
PC
GENERAL OPERATING
1,000
JUNIOR ACHIEVEMENT OF EASTERN IOWA INC
425 CEDAR ST STE 300
WATERLOO
,
IA
50701
NONE
PC
GENERAL OPERATING
2,936
KIDQUEST DAYCARE
427 NASH ST
APLINGTON
,
IA
50604
NONE
PC
GENERAL OPERATING
3,100
KNOX BLOCKS FOUNDATION
1002 BISHOP AVE
LA PORTE CITY
,
IA
50651
NONE
PC
GENERAL OPERATING
1,935
LOVE INC OF THE CEDAR VALLEY
4807 UNIVERSITY AVE SUITE 202
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,000
LUTHERAN SERVICES IN IOWA INC
904 W 4TH ST
WATERLOO
,
IA
50702
NONE
PC
GENERAL OPERATING
2,500
MAGICAL MIX KIDS
721 SHIRLEY STREET
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
360
MAIN STREET ADEL CHAMBER OF COMMERCE
301 S 10TH STREET
ADEL
,
IA
50003
NONE
PC
GENERAL OPERATING
5,000
MEALS FROM THE HEARTLAND
357 LINCOLN ST
WEST DES MOINES
,
IA
50265
NONE
PC
GENERAL OPERATING
2,500
MERCYONE HOUSE OF MERCY
1409 CLARK ST
DES MOINES
,
IA
50314
NONE
PC
GENERAL OPERATING
1,000
NASHUA COMMUNITY FOUNDATION
612 GREELEY ST
NASHUA
,
IA
50658
NONE
GOV
GENERAL OPERATING
1,000
NATIONAL WRESTLING HALL OF FAME
405 W HALL OF FAME AVE
STILLWATER
,
OK
74075
NONE
PC
GENERAL OPERATING
1,200
NORTH BUTLER HIGH SCHOOL
201 NORTH 5TH STREET
GREENE
,
IA
50636
NONE
GOV
SCHOLARSHIP FUND
2,000
NORTHEAST IOWA FOOD BANK
106 E 11TH ST
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
3,480
ONE CITY UNITED
907 INDEPENDENCE AVE
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
1,000
OPERATING THRESHOLD
1535 LAFAYETTE STREET
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
270
PEO INTERNATIONAL CHAPTER CC
3700 GRAND AVENUE
DES MOINES
,
IA
50312
NONE
PC
GENERAL OPERATING
300
PIED PIPER PRESCHOOL
1108 S MAIN STREET
TRAER
,
IA
50675
NONE
PC
GENERAL OPERATING
480
POLK COUNTY HOUSING TRUST FUND
108 3RD ST 350
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
1,000
QUOTA INTERNATIONAL OF WATERLOO
2746 HIGHVIEW AVE
WATERLOO
,
IA
50702
NONE
PC
GENERAL OPERATING
500
REINBECK DAYCARE
120 CEDAR STREET
REINBECK
,
IA
50669
NONE
PC
GENERAL OPERATING
3,000
REINBECK FIRE DEPARTMENT
208 BROAD STREET
REINBECK
,
IA
50669
NONE
GOV
GENERAL OPERATING
4,000
RETRIEVING FREEDOM
1152 230TH ST
WAVERLY
,
IA
50677
NONE
PC
GENERAL OPERATING
1,330
ROBERT D AND BILLIE RAY CENTER
2702 FOREST AVE
DES MOINES
,
IA
50311
NONE
PC
GENERAL OPERATING
5,000
SALVATION ARMY OF WATERLOOCEDAR FALLS
218 LOGAN AVE
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
2,360
SINGLE PARENT PROVISION
2041 GRAND AVE D
WEST DES MOINES
,
IA
50265
NONE
PC
GENERAL OPERATING
1,500
SOUTH TAMA HIGH SCHOOL
1715 HARDING ST
TAMA
,
IA
52339
NONE
GOV
DOLLARS FOR SCHOLARS
1,000
SOUTH TAMA MUSIC BOOSTERS
1715 HARDING ST
TAMA
,
IA
52339
NONE
PC
GENERAL OPERATING
1,000
SPREAD THE CARE
PO BOX 82
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
3,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL
262 DANNY THOMAS PLACE
MEMPHIS
,
TN
38105
NONE
PC
GENERAL OPERATING
100
ST TIMOTHY LUTHERAN PRESCHOOL
1 THELMA STREET
HUDSON
,
IA
50643
NONE
PC
GENERAL OPERATING
2,500
ST FRANCIS MANOR
2021 4TH AVE
GRINNELL
,
IA
50112
NONE
PC
GENERAL OPERATING
1,000
STARTS RIGHT HERE
455 SW 5TH ST
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
2,500
THE ALS ASSOCIATION IOWA CHAPTER
3636 WESTOWN PKWY STE 204
DES MOINES
,
IA
50266
NONE
PC
GENERAL OPERATING
1,000
THE JOB FOUNDATION
4600 UNIVERSITY AVE SUITE 1
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
500
TOLEDO COMMUNITY THEATRE GUILD
S CHURCH ST
TOLDEDO
,
IA
52342
NONE
PC
GENERAL OPERATING
2,000
UNI FOUNDATION
1227 W 27TH ST
CEDAR FALLS
,
IA
50614
NONE
PC
GENERAL OPERATING
400
UNI PANTHER SCHOLARSHIP CLUB
1227 W 27TH ST
CEDAR FALLS
,
IA
50614
NONE
PC
GENERAL OPERATING
600
UNIVERSITY OF IOWA FOUNDATION
ONE WEST PARK ROAD
IOWA CITY
,
IA
52242
NONE
PC
GENERAL OPERATING
1,200
VOLUNTEER CENTER OF CEDAR VALLEY
2101 KIMBALL AVE STE 136
WATERLOO
,
IA
50702
NONE
PC
GENERAL OPERATING
1,300
WATERLOO COMMUNITY SCHOOL DISTRICT
1516 WASHINGTON ST
WATERLOO
,
IA
50702
NONE
GOV
GENERAL OPERATING
500
WATERLOO COMMUNITY FOUNDATION
425 CEDAR ST STE 320
WATERLOO
,
IA
50704
NONE
PC
GENERAL OPERATING
2,500
WATERLOO VISITING NURSES
2530 UNIVERSITY AVE
WATERLOO
,
FL
50701
NONE
PC
GENERAL OPERATING
1,360
WATERLOO-CEDAR FALLS SYMPHONY
GALLAGHER BLUEDORN PAC
CEDAR FALLS
,
IA
50613
NONE
PC
GENERAL OPERATING
1,000
WAUKEE BETTERMENT FOUNDATION
230 W HICKMAN RD
WAUKEE
,
IA
50263
NONE
PC
GENERAL OPERATING
1,000
WAUKEE SCHOOLS FOUNDATION
560 SE UNIVERSITY AVE
WAUKEE
,
IA
50263
NONE
PC
GENERAL OPERATING
1,000
WINNEBAGO COUNCIL BOY SCOUTS
2929 AIRPORT BLVD
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
500
WOUNDED WARRIOR PROJECT
PO BOX 758517
TOPEKA
,
KS
66675
NONE
PC
GENERAL OPERATING
1,970
YMCA OF GREATER DES MOINES
401 E ARMY POST RD
DES MOINES
,
IA
50315
NONE
PC
GENERAL OPERATING
2,500
YOUTH EMERGENCY SERVICES & SHELTER
918 SE 11TH STREET
DES MOINES
,
IA
50309
NONE
PC
GENERAL OPERATING
1,000
YWCA OF BLACK HAWK COUNTY
425 LAFAYETTE ST
WATERLOO
,
IA
50703
NONE
PC
GENERAL OPERATING
4,000
Total
.................................
3a
231,920
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
671
4
Dividends and interest from securities
....
14
202
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
148
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
1,021
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
1,021
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
8
REPORTING GAIN/LOSS OF ABBEY NATIONAL TREAS SERV & DNP SELECT INC FUND
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description