Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
OTTUMWA REGIONAL LEGACY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)111 EAST MAIN STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OTTUMWA, IA52501
A Employer identification number

42-0681060
B Telephone number (see instructions)

(641) 455-5260
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$77,307,699
J Accounting method:
 
(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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 426,505
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,518,422 1,569,013  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,247,908
b Gross sales price for all assets on line 6a 13,829,874
7 Capital gain net income (from Part IV, line 2)... 2,317,941
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 108,062
b Less: Cost of goods sold.... 47,742
c Gross profit or (loss) (attach schedule)..... 60,320  
11 Other income (attach schedule)....... 496,866 413,152  
12 Total. Add lines 1 through 11........ 4,750,021 4,300,106  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 387,606 58,141   329,465
14 Other employee salaries and wages...... 592,257 28,229   564,028
15 Pension plans, employee benefits....... 226,912 10,045   216,867
16a Legal fees (attach schedule)......... 31,383 563   30,820
b Accounting fees (attach schedule)....... 38,358 0   38,358
c Other professional fees (attach schedule).... 721,589 284,511   437,078
17 Interest............... 8,327 8,327   0
18 Taxes (attach schedule) (see instructions)... 243,148 6,544   60,240
19 Depreciation (attach schedule) and depletion... 318,209 105,694  
20 Occupancy.............. 171,305 141,703   29,602
21 Travel, conferences, and meetings....... 85,623 179   85,444
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 369,655 36,070   300,830
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,194,372 680,006   2,092,732
25 Contributions, gifts, grants paid....... 1,895,117 1,434,432
26 Total expenses and disbursements. Add lines 24 and 25 5,089,489 680,006   3,527,164
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -339,468
b Net investment income (if negative, enter -0-) 3,620,100
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
Assets 1 Cash—non-interest-bearing............. 227,341 341,670 341,670
2 Savings and temporary cash investments......... 1,908,355 1,780,176 1,780,176
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 6,126    
9 Prepaid expenses and deferred charges.......... 50,636 124,328 124,328
10a Investments—U.S. and state government obligations (attach schedule) 2,296,952 Click to see attachment2,647,548 2,647,548
b Investments—corporate stock (attach schedule)....... 9,243,800 Click to see attachment10,555,450 10,555,450
c Investments—corporate bonds (attach schedule)....... 4,241,773 Click to see attachment3,981,912 3,981,912
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 45,777,181 Click to see attachment50,857,276 50,857,276
14 Land, buildings, and equipment: basis bullet2,058,907
Less: accumulated depreciation (attach schedule) bullet457,049 1,556,960 Click to see attachment1,601,858 1,601,858
15 Other assets (describe bullet) Click to see attachment4,597,398 Click to see attachment5,417,481 Click to see attachment5,417,481
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 69,906,522 77,307,699 77,307,699
Liabilities 17 Accounts payable and accrued expenses.......... 244,238 314,890
18 Grants payable.................   460,310
19 Deferred revenue................. 39,807 32,068
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 370,854 Click to see attachment805,434
22 Other liabilities (describe bullet) Click to see attachment25,000 Click to see attachment106,000
23 Total liabilities (add lines 17 through 22)......... 679,899 1,718,702
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 64,200,902 69,557,649
25 Net assets with donor restrictions............ 5,025,721 6,031,348
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 69,226,623 75,588,997
30 Total liabilities and net assets/fund balances (see instructions). 69,906,522 77,307,699
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
69,226,623
2
Enter amount from Part I, line 27a .....................
2
-339,468
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,701,842
4
Add lines 1, 2, and 3 ..........................
4
75,588,997
5
Decreases not included in line 2 (itemize) bullet
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
75,588,997
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 PUBLICLY TRADED SECURITIES   2019-01-01 2019-06-30
b PUBLICLY TRADED SECURITIES   2018-01-01 2019-12-31
c RC IV, LLC - SCH K-1 P 2018-01-01 2019-12-31
d RC IV, LLC - SCH K-1 P 2019-01-01 2019-12-31
e HARBOURVEST REAL ASSETS - SCH K-1 P 2018-01-01 2019-12-31
CANYON LAUREL INVESTMENT FUND - SCH K-1 P 2018-01-01 2019-12-31
(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 857,396   862,255 -4,859
b 12,972,478   10,719,711 2,252,767
c 13,513     13,513
d 10,538     10,538
e 31,933     31,933
14,049     14,049
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       -4,859
b       2,252,767
c       13,513
d       10,538
e       31,933
      14,049
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 2,317,941
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 ...................
Bracket 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?
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 4,344,466 63,408,777 0.068515
2017 4,711,185 66,925,658 0.070394
2016 7,387,833 66,164,391 0.111659
2015 5,820,071 67,244,843 0.086550
2014      
2
Total of line 1, column (d) .....................
2
0.337118
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
0.084280
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
64,266,010
5
Multiply line 4 by line 3......................
5
5,416,339
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
36,201
7
Add lines 5 and 6........................
7
5,452,540
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,712,880
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 Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 72,402
hereBulletand 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 72,402
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 72,402
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 80,000
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 80,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,598
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet7,598 RefundedBullet 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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 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
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletIA
    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 addressbulletWWW.ORLF.ORG
    14
    The books are in care ofbulletMIKE SPIELER Telephone no.bullet (641) 455-5260

    Located atbullet111 EAST MAIN STREETOTTUMWAIA ZIP+4bullet52501
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    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 bullet
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
     
    No
    ........bullet
    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?.............
    If "Yes," list the years bullet20, 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.
    bullet20, 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?......................
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
    No
    .........bullet
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    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
    ELDON HUNSICKER CHAIR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    DR MARLENE SPROUSE VICE CHAIR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    MARK FRANKE TREASURER/SECRETARY
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    BYRON LEU PAST CHAIR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    JEFF HENDRED DIRECTOR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    DR DEBRA MILLER DIRECTOR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    PAM KAUPINS DIRECTOR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    TOM LAZIO DIRECTOR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    HIMAR HERNANDEZ DIRECTOR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    NATALIE BOLIN DIRECTOR
    1.00
    0 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    MADONNA FISHER VP OF FINANCE
    40.00
    154,538 28,059 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    STEVE DUST PRESIDENT/CEO
    40.00
    233,068 44,805 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    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
    KELLY GENNERS VP OF PROGRAMS & INI
    40.00
    126,841 37,645 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    HOLLIE TOMETICH EXEC. DIRECTOR OTTUM
    40.00
    93,116 26,459 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    SEAN FLATTERY EXEC. DIRECTOR RIPPL
    40.00
    85,089 10,045 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    AMY NOSSAMAN GRANTS PROGRAM MANAG
    40.00
    66,861 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    ANDY MAW NEWCOMER RELATIONS C
    40.00
    63,825 0 0
    111 EAST MAIN STREET
    OTTUMWA,IA52501
    Total number of other employees paid over $50,000...................bullet 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
    VANDEWALLE & ASSOCIATES URBAN PLANNING 113,081
    PO BOX 259036
    MADISON,WI53725
    GENUS LANDSCAPE ARCHITECTS ARCHITECT SERVICES/CONSULTING 83,375
    325 E FIFTH STREET
    DES MOINES,IA50309
    MCCLURE ENGINEERING ENGINEERING 62,450
    1360 NW 121ST ST
    CLIVE,IA50325
    FLYNN WRIGHT CONSULTING 56,339
    1408 LOCUST ST
    DES MOINES,IA50309
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 REVITALIZATION - DOWNTOWN IS A SYMBOL OF THE HISTORIC HEART OF THE CITY. WE ARE WORKING TO REVITALIZE DOWNTOWN OTTUMWA AND THE SURROUNDING AREAS TO MAKE IT AN ATTRACTIVE PLACE TO LIVE AND WORK. OUR CURRENT PROJECTS FALL UNDER 4 THEMES: RECLAIMING MAIN STREET, RIVERFRONT RENAISSANCE, OTTUMWA SPORTS CAMPUS & EXTENDING CENTRAL PARK TO THE RIVER. 445,143
    2 LEADERSHIP ACADEMY - TO CARRY OUT OUR INITIATIVES WE NEED SUPPORTIVE LEADERSHIP AT ALL LEVELS. WE HAVE ESTABLISHED THE OTTUMWA LEADERSHIP ACADEMY WHICH IS A 10 MONTH PROGRAM THAT STRIVES TO EDUCATE, EMPOWER, ENCOURAGE AND ENGAGE FUTURE LEADERS TO CREATE POSITIVE CHANGE IN OUR COMMUNITY, GOVERNMENT AND BUSINESSES. 187,904
    3 WELCOME AND CONNECT SERVICES: THIS PROGRAM HOSTS A SERIES OF FREE, INTERACTIVE SESSIONS DESIGNED TO CONNECT NEWCOMERS TO THE ATTRIBUTES AND AMENITIES OF THE COMMUNITY OF OTTUMWA. BUSINESSES ARE PROVIDED ASSISTANCE WITH THEIR RECRUITMENT OF STAFF BY OFFERING COMMUNITY TOURS FOR NEW APPLICANTS. 119,697
    4 OTHER CHARITABLE ACTIVITIES:JOBS: THE LEGACY FOUNDATION WORKS WITH THE OTTUMWA ECONOMIC DEVELOPMENT CORPORATION, THE CITY OF OTTUMWA AND VARIOUS OTHER ORGANIZATIONS TO ATTRACT BUSINESSES TO OUR COMMUNITY. EDUCATION: THE LEGACY FOUNDATION COLLABORATES WITH THE SCHOOLS IN WAPELLO COUNTY TO IMPROVE THE EDUCATION THROUGH TECHNOLOGY AS WELL AS MENTORING PROGRAMS, DAYCARE AND PRESCHOOL PROGRAMS AND ADULT LEARNING OPPORTUNITIES. HOUSING: THE LEGACY FOUNDATION HAS BEEN A KEY PARTNER WITH SEVERAL ORGANIZATIONS IN THE COMMUNITY IN CONDUCTING VARIOUS HOUSING STUDIES AND EXPLORING OPPORTUNITIES FOR ADDITIONAL HOUSING IN THE OTTUMWA AREA. 296,758
    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 RIPPLING WATERS PROPERTY DEVELOPMENT, LLC, A LAND BANKING ORGANIZATION WHICH IS A SOLELY-OWNED LLC, WAS ESTABLISHED IN 2015 TO ASSIST IN OUR REVITALIZATION EFFORTS. A BUILDING WAS ACQUIRED AND REMODELED TO HOUSE A CALL CENTER. ATTRACTING A NEW CALL CENTER BUSINESS TENANT CREATES NEEDED JOBS FOR OTTUMWA CITIZENS. THIS ORGANIZATION ALSO PURCHASES BUILDINGS AND LAND TO FACILITATE THE RENOVATION OF THESE PROPERTIES INTO MUCH NEEDED HOUSING UNITS. 989,012
    2 OTTUMWA FIBER - THE LEGACY FOUNDATION IS WORKING TO CONSTRUCT A FIBER NETWORK TO ENHANCE INTERNET CONNECTIVITY IN THE OTTUMWA COMMUNITY. THE NETWORK IS DESIGNED TO STRENGTHEN OUR CURRENT AREA BUSINESSES, NON-PROFITS, AND GOVERNMENT ORGANIZATIONS AND ADD NEW JOBS AND ATTRACT NEW BUSINESSES. 45,609
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet1,034,621
    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
    64,264,446
    b
    Average of monthly cash balances.......................
    1b
    980,234
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    65,244,680
    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
    65,244,680
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    978,670
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    64,266,010
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,213,301
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,213,301
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    72,402
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    72,402
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,140,899
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    32,018
    5
    Add lines 3 and 4............................
    5
    3,172,917
    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
    3,172,917
    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
    3,527,164
    b
    Program-related investments—total from Part IX-B..................
    1b
    1,034,621
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    151,095
    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
    4,712,880
    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
    4,712,880
    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 3,172,917
    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......  
    b From 2015...... 2,534,132
    c From 2016...... 4,094,991
    d From 2017...... 1,403,669
    e From 2018...... 1,256,859
    fTotal of lines 3a through e........ 9,289,651
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 4,712,880
    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..... 3,172,917
    e Remaining amount distributed out of corpus 1,539,963
    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).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 10,829,614
    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) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    10,829,614
    10 Analysis of line 9:
    a Excess from 2015.... 2,534,132
    b Excess from 2016.... 4,094,991
    c Excess from 2017.... 1,403,669
    d Excess from 2018.... 1,256,859
    e Excess from 2019.... 1,539,963
    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....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    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.)
    1Information Regarding Foundation Managers:
    aList 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).)
    bList 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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KELLY GENNERS
    111 E MAIN STREET
    OTTUMWA,IA52501
    (641) 455-5260
    KGENNERS@ORLF.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION USES AN ONLINE GRANT APPLICATION PROCESS. REQUIRED INFORMATION INCLUDES THE FOLLOWING: - A SUMMARY OF THE PROJECT - GEOGRAPHIC AREA TO BE SERVED - DEMOGRAPHICS OF THOSE TO BE SERVED (GENDER, AGE, ETHNICITIES, ETC.) - GOALS OF THE PROJECT/INITIATIVE - PLANS TO ACCOMPLISH PROJECT GOALS - A DESCRIPTION OF THE WAYS IN WHICH THE PROJECT WILL IMPROVE THE LIVES OF THE COMMUNITY RESIDENTS - A DESCRIPTION OF THE WAYS IN WHICH THE PROJECT WILL ADDRESS COMMUNITY NEEDS - TIMETABLE FOR IMPLEMENTATION - STRATEGY FOR PROJECT SUSTAINABILITY - STRATEGIC PARTNERS - EVALUATION PLANS - USE OF EVALUATION RESULTS - ANTICIPATED MEASURABLE OUTCOMES - WHETHER PROJECT COSTS WERE BID COMPETITIVELY - WHETHER THE PROJECT SUPPORTS OTHER LOCAL BUSINESSES - PROJECT BUDGET - IRS FORM 990, IRS TAX EXEMPT DETERMINATION LETTER, AUDITED FINANCIAL STATEMENTS, LETTER FROM BOARD CHAIR, IF APPLICABLE. - OTHER PERTINENT DOCUMENTS MAY ALSO BE REQUIRED
    cAny submission deadlines:
    APPLICATIONS ARE ACCEPTED 3 TIMES PER YEAR. SUBMISSION DEADLINES ARE AVAILABLE ONLINE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GEOGRAPHICAL AREA SERVED IS THE CITY OF OTTUMWA AND WAPELLO COUNTY.
    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)
    aPaid during the year
    CARDINAL YOUTH FOUNDATION
    4045 ASHLAND RD
    ELDON,IA52554
      PC SUPPORT OF THE CARDINAL/PEKIN TRAP TEAM 2,500
    JENNIFER LYNN TOMLIN
    3005 HIGHLAND PKWY
    DOWNERS GROVE,IL60515
    N/A I SCHOLARSHIP 1,000
    AMANDA HEDGE
    3005 HIGHLAND PKWY
    DOWNERS GROVE,IL60515
    N/A I SCHOLARSHIP 1,000
    CITY OF OTTUMWA
    105 E THIRD STREET
    OTTUMWA,IA52501
      GOV PLACARD HOUSING-YEAR 2 100,000
    CITY OF OTTUMWA
    105 E THIRD STREET
    OTTUMWA,IA52501
      GOV QUIET ZONES 298,311
    CHARLES JOSEPH ALTFILLISCH
    2500 CALIFORNIA PLAZA
    OMAHA,NE68178
    N/A I SCHOLARSHIP 2,000
    KATELYN M CAMP
    3200 GRAND AVE
    DES MOINES,IA50312
    N/A I SCHOLARSHIP 1,000
    EDDYVILLE COMMUNITY FOUNDATION
    103 N FRONT ST
    EDDYVILLE,IA52553
      PC THE ROCKET CLOSET: PANTRY AT EBF HIGH SCHOOL 2,500
    ELDON UPTOWN-DOWNTOWN
    PO BOX 303
    ELDON,IA52554
      PC RESTORATION OF 417/419 WEST ELM BUILDINGS-ELDON 30,000
    FIRST RESOURCES CORPORATION
    102 S MAIN ST
    SIGOURNEY,IA52591
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - OAK MEADOW TREATMENT AND RECOVERY CENTER 10,000
    FOOD BANK OF IOWA
    PO BOX 1517
    DES MOINES,IA50305
      PC COMMUNITY KITCHEN & VOLUNTEER CENTER 30,000
    FREMONT COMMUNITY FOUNDATION
    PO BOX 235
    FREMONT,IA52561
      PC PLAYGROUND EQUIPMENT AT FREMONT PRESCHOOL 2,015
    FRIENDS OF NAS OTTUMWA INC
    8023 SUTTON DR
    URBANDALE,IA50322
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - HVAC INSTALLATION 20,000
    FRIENDS OF THE BLAKESBURG PUBLIC LIBRARY
    PO BOX 43
    BLAKESBURG,IA52536
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - FRIENDS OF THE LIBRARY BUILDING RENOVATION 22,000
    FRIENDS OF THE EDDYVILLE PUBLIC LIBRARY
    202 S 2ND ST
    EDDYVILLE,IA52553
      PC EDDYVILLE PUBLIC LIBRARY SUMMER READING PROGRAM 2,500
    TAYLOR MADISON
    1 UNIVERSITY PLACE
    LAMONI,IA50140
    N/A I SCHOLARSHIP 1,000
    GREATER OTTUMWA VOCAL ARTS PROJECT INC
    PO BOX 789
    OTTUMWA,IA52501
      PC FESTIVAL PRODUCTION OF DISNEY'S "NEWSIES" 2,250
    INDIAN HILLS COMMUNITY COLLEGE
    525 GRANDVIEW BLDG 1
    OTTUMWA,IA52501
      GOV 2018 HEALTH CAREER ACADEMY 7,480
    INDIAN HILLS COMMUNITY COLLEGE
    525 GRANDVIEW BLDG 1
    OTTUMWA,IA52501
      GOV 2019 HEALTH CAREER ACADEMY 5,825
    INDIAN HILLS COMMUNITY COLLEGE DEVELOPMENT INC
    525 GRANDVIEW BLDG 1
    OTTUMWA,IA52501
      SO III - FI BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - TECHNOLOGY UPGRADES FOR ST. JOHN'S AUDITORIUM 20,000
    IOWA LEGAL AID
    112 E 3RD ST
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - HOUSING JUSTICE PROJECT 20,000
    MALLORY EILEEN WELLS
    0210 BEARDSHEAR HALL
    AMES,IA50011
    N/A I SCHOLARSHIP 1,000
    JOHN LAWRENCE DAVIS
    0210 BEARDSHEAR HALL
    AMES,IA50011
    N/A I SCHOLARSHIP 1,000
    SYDNEY PAIGE CORMENY
    601 N MAIN ST
    MT PLEASANT,IA52641
    N/A I SCHOLARSHIP 1,000
    IZAAK WALTON LEAGUE OTTUMWA CHAPTER
    11077 90TH ST
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - ATTIC INSULATION IN THE MEETING HOUSE 4,000
    LATINAS LATINOS AL EXITO INC
    PO BOX 93531
    DES MOINES,IA50393
      PC AL EXITO/OPL BILINGUAL STORYTIME 1,000
    MAIN STREET OTTUMWA
    217 E MAIN STREET
    OTTUMWA,IA52501
      PC CAPACITY SUPPORT NAT'L MAIN STREET CONFERENCE 3,750
    MILESTONES AREA ON AGING
    632 PENN
    OTTUMWA,IA52501
      PC NO SENIOR LEFT BEHIND HOME-DELIVERED MEALS 11,000
    OJCC STUDENT GOVERNMENT ASSOCIATION
    15229 TRUMAN ST
    OTTUMWA,IA52501
      PC OJCC/OHS AFTER-SCHOOL COLLABORATION 10,000
    OTTUMWA AREA CHAMBER OF COMMERCE
    217 E MAIN ST
    OTTUMWA,IA52501
      NC GOPIP SUPER BOARD MEETING & RETREAT 5,000
    OTTUMWA ATHLETIC CLUB INC
    PO BOX 533
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - UPGRADES TO OHS WEIGHT ROOM 28,300
    OTTUMWA COMMUNITY SCHOOL DISTRICT
    1112 N VAN BUREN
    OTTUMWA,IA52501
      GOV SPARK TANK-INSTALLMENT 2 OF 3 232,250
    OTTUMWA COMMUNITY SCHOOL DISTRICT
    1112 N VAN BUREN
    OTTUMWA,IA52501
      GOV PRESCHOOL-INSTALLMENT 2 OF 3 175,000
    OTTUMWA COMMUNITY SCHOOL DISTRICT
    1112 N VAN BUREN
    OTTUMWA,IA52501
      GOV OHS GEAR UP COORDINATOR INSTALLMENT 4 OF 4 24,833
    OTTUMWA COMMUNITY SCHOOL DISTRICT
    1112 N VAN BUREN
    OTTUMWA,IA52501
      GOV 4 PILLARS FACULTY TRAINING SESSION 4,000
    OTTUMWA COMMUNITY SCHOOL FOUNDATION INC
    1112 N VAN BUREN
    OTTUMWA,IA52501
      PC BULLDOG MANUFACTURING 30,000
    OTTUMWA COMMUNITY SCHOOL FOUNDATION INC
    1112 N VAN BUREN
    OTTUMWA,IA52501
      PC PURCHASE OF COUNTRY FLAGS AND PLAQUES 560
    OTTUMWA COMMUNITY SCHOOL FOUNDATION INC
    1112 N VAN BUREN
    OTTUMWA,IA52501
      PC BUSING TO IHCC TECH FAIR FOR 4TH GRADE STUDENTS 640
    OTTUMWA COMMUNITY SCHOOL FOUNDATION INC
    1112 N VAN BUREN
    OTTUMWA,IA52501
      PC BUSING TO IHCC LITERACY FAIR FOR 3RD GRADERS 640
    OTTUMWA COMMUNITY SCHOOL FOUNDATION INC
    1112 N VAN BUREN
    OTTUMWA,IA52501
      PC SENSORY EQUIPMENT FOR SENSORY ROOM AT PICKWICK 2,460
    OTTUMWA HIGH SCHOOL MUSIC BOOSTERS INC
    501 E 2ND ST
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - NEW FRENCH HORN 3,900
    OTTUMWA SYMPHONY ORCHESTRA
    PO BOX 173
    OTTUMWA,IA52501
      PC CAPACITY SUPPORT: MISSION, VISION AND SUCCESSION 4,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC CONTRIBUTION-CEO FUNDING 18,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC CONTRIBUTION-CEO FUNDING 18,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC GOPIP STRATEGIC PLANNING SESSION 1,075
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC CONTRIBUTION-CEO FUNDING 14,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC CONTRIBUTION-CEO FUNDING 16,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC MAIN STREET DIRECTOR SUPPORT 12,500
    SE IOWA DREAM CENTER
    133 W 2ND ST
    OTTUMWA,IA52501
      PC SECOND SATURDAY COMMUNITY IMPROVEMENT PROJECTS 11,755
    SPARKY CLAUS
    201 N WAPELLO
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - SPARKY CLAUS COMMUNITY SMOKE ALARMS 21,640
    TENCO INDUSTRIES
    710 GATEWAY DR
    OTTUMWA,IA52501
      PC PROTECTING THE PRIVACY OF PEOPLE W/ DISABILITIES 29,700
    UNITED WAY OF WAPELLO COUNTY
    224 E 2ND ST STE 1
    OTTUMWA,IA52501
      PC UWWC FOOD PANTRY GARDEN 2,500
    DALTON RIPPEY
    5 CALVIN HALL
    IOWA CITY,IA52242
    N/A I HCA SCHOLARSHIP 500
    SAMANTHA JANAE ROSONKE
    5 CALVIN HALL
    IOWA CITY,IA52242
    N/A I SCHOLARSHIP 2,000
    CLAIRE MARIE CARMICHAEL
    5 CALVIN HALL
    IOWA CITY,IA52242
    N/A I SCHOLARSHIP 3,000
    ELLEN MAUREEN CARLSON
    5 CALVIN HALL
    IOWA CITY,IA52242
    N/A I SCHOLARSHIP 2,000
    KATE LYNN BIRCHMIER
    9863120 NEBRASKA MEDICAL CENTER
    OMAHA,NE68198
    N/A I SCHOLARSHIP 3,000
    EMILY BEMIS
    105 GILCHRIST HALL
    CEDAR FALLS,IA50614
    N/A I SCHOLARSHIP 1,000
    MAGGIE ELIZABETH VOYLES
    W 22ND ST
    SIOUX FALLS,SD57105
    N/A I SCHOLARSHIP 1,000
    VIDEO GAME CAPITAL OF THE WORLD MUSEUM
    501 WAVERLY AVE
    OTTUMWA,IA52501
      PC CAPACITY SUPPORT-PROF CONSULTANT SERVICES 5,000
    WAPELLO COUNTY 4-H EXPO
    13011 120TH AVE
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - WAPELLO COUNTY EXPO GROUNDS EVENTS CENTER 30,000
    WAPELLO COUNTY 4-H EXPO
    13011 120TH AVE
    OTTUMWA,IA52501
      PC 4-H FIREARMS SAFETY TRAINING 1,000
    WAPELLO COUNTY SHERIFF'S RESERVE
    330 W 2ND ST
    OTTUMWA,IA52501
      PC WAPELLO COUNTY PUBLIC LAW BUILDINGS SECURITY PROJECT 10,000
    WAPELLO HERITAGE FOUNDATION INC
    1339 HWY 163
    BLOOMFIELD,IA52537
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - PEARSON PARK PROJECT 30,000
    NIKKI D DRISH
    3885 W CAMPUS DR
    OGDEN,UT84408
    N/A I SCHOLARSHIP 1,000
    WHATSOEVER YOU DO
    105 S IOWA AVE
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - SE IA EMERGENCY SHELTER FOR WOMEN & CHILDREN-PHASE 1 30,000
    Y M C A
    611 N HANCOCK
    OTTUMWA,IA52501
      PC IPADS TO EXPAND STEM LEARNING EXPERIENCE 1,200
    ALBIA ROAD BAPTIST CHURCH
    1601 ALBIA RD
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - TOWER GARDENS AT GOOD SAMARITAN SOCIETY - OTTUMWA 6,360
    AMERICAN HOME FINDING ASSOCIATION
    217 E 5TH ST
    OTTUMWA,IA52501
      PC BRIGHT IDEAS COMMUNITY ENRICHMENT FUND - RENOVATIONS AT THE AGENCY EMERGENCY YOUTH SHELTER 27,988
    AMERICAN HOME FINDING ASSOCIATION
    217 E 5TH ST
    OTTUMWA,IA52501
      PC NEW BEDS FOR EMERGENCY YOUTH SHELTER 2,500
    BLAKESBURG HISTORICAL PRESERVATION SOCIETY
    PO BOX 183
    OTTUMWA,IA52501
      PC CAPACITY SUPPORT: STRATEGIC PLANNING AND VISIONING 5,000
    MEGAN A MWANGI
    3303 REBECCA ST
    SIOUX CITY,IA51104
    N/A I SCHOLARSHIP 1,000
    Total .................................bullet 3a 1,434,432
    bApproved for future payment
    CITY OF OTTUMWA
    105 E THIRD STREET
    OTTUMWA,IA52501
      GOV STREETSCAPE 228,185
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC MAIN STREET DIRECTOR SUPPORT 37,500
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC MAIN STREET 80,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC LEADERSHIP SUPPORT 25,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC LEADERSHIP SUPPORT 50,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC HOMETOWN REWARDS PROGRAM 35,000
    PARTNERS IN PROGRESS INC
    217 E MAIN ST
    OTTUMWA,IA52501
      NC CHAMBER ALLIANCE MEMBERSHIP 5,000
    Total .................................bullet 3b 460,685
    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.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 1,518,422  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 397,256  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 2,247,908  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory         60,320
    11 Other revenue:
    aTUITION & DUES
            22,648
    bGRANTS RETURNED         32,018
    cMISCELLANEOUS INCOME         44,944
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 4,163,586 159,930
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,323,516
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    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.)
    11A TUITION & DUES FROM THE LEADERSHIP ACADEMY
    11B GRANT FUNDS RETURNED PURSUANT TO TERMS OF GRANT AGREEMENTS
    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? ...........
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2019)
    Additional Data


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