Return of Private Foundation No
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Return of Private Foundation No. 1545-0052 Form 990 -PF I or Section 4947(a)11) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requi rements. For calendar year 2012 or tax year beg innin g , 2012 , and endin g 20 Name of foundation A Employer identification number IT R RANCORP POITNT)ATTON 1 5-A4ff 41 -1' Sg57q Number and street (or P.O. box number if mail is not delivered to street address) Room /suite 8 Telephone number (see instructions) P 0 BOX 64713; TRUST TAX SERVICES 612- 303-0738 City or town, state, and ZIP code q C If exemption application is ► pending , check here • • • • ST. PAUL , MN 55164-0713 G Check all that apply: Initial return Initial return of a former public charity D 1 Foreign organizations , check here • ► Final return Amended return 2 Foreign organ izations meeting the 85% test , check here and attach Address change Name chan ge computation • • • . , ► H Check type of organization: X Section 501(c)(3) exempt private foundation E it private foundation status was terminated Section 4947(a))1) nonexem pt charitable trust Other taxable p rivate foundation under section 507(b((1)(A),check here . ► Fair market value of all assets at end Accountin g method:LA Cash L_J Accrual F If the foundation is in a 60-month termination of year (from Part 11, col. (C), line FOther (specify) _ _ _ _ _ _ _ _ _ _ _ _ under section 507(b)ltl( B),check here . ► 16) 10. $ 38 , 459 , 360 . (Part 1, column (d) must be on cash basis.) M Disbursements Analysis of Revenue and Expenses (The (a) Revenue and (b) Net investment (e) Adjusted net for charitable total of amounts in columns (b), (c), and (d) expenses per may not necessarily equal the amounts in income income purposes books column /a) (see instructions).) (cash basis onl y) 1 Contributions efts, grants , etc., received ( attach schedule ) 24 , 000 , 000 . the foundation is not required to [] if 2 Check ► attach Sch B . 3 Interest on savings and temporarycash investments 1 , 192 1 , 192. STMT 1 4 Dividends and interest from securities . 901 , 276 901 276. STMT 2 5a Gross rents . b Net rental income or (loss) y 6a Net gain or (loss) from sale of assets not on line 10 1 , 037 , 793. b Grosssales price for all d assets on line 6a 36,421,665 w 7 Capital gain net income (from Part IV, line 2) . 1 , 03-7 , 793. 8 Net short-term capital gain . 9 Income modifications . • . 10 a 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 , 595 . STMT 1 12 Total. Add lines 1 throw h 11 .... , . • • 25 952 856. 1 , 940 , 261. 13 Compensation of officers, directors, trustees, etc , 14 Other employee salaries and wages , . • . 393 345. 180 766. NON 180 , 766 ia 15 Pension plans, employee benefits , .., , NON NON 16a Legal fees (attach schedule) , • • • CJ; CIL b Accounting fees (attach schedule) c Other professional fees (attach3scl w. 16 221 , 935 . 221 , 935 0 17 Interest . y 18 Taxes (attach schedule) (see mstrucuons) ^T^9^', 1 7 16 118 16 118 . E 19 Depreciation (attach schedule) and depletion . 20 Occupancy . 21 Travel, conferences, and meetings • ... , NON NON 22 Printing and publications . 31 998 NON NON 31 , 998 23 Other expenses (attach schedule) STJf41'. 18 20 , 779 . 8 , 747. 12 , 032 2 24 Total operating and administrative expenses. CL Add lines 13 through 23 . 684 175 205 631. NON 446 , 731 25 Contributions, gifts, grants paid ...... 23 292 965. 23 , 292 , 965 26 Totale nsesanddisbursements,Addlines24and25 23 977 140. 20S , 631. NON 23 , 739 , 696 27 Subtract line 26 from line 12- 8 Excess of revenue over expenses and disbursements • 1 9 7 5 716 b Net investment income (if negative, enter -0-) 1 , 734 , 630. 1 c Adiusted net income (if neg ative, enter -0-). JSA For Paperwork Reduction Act Notice, see instructions. Form 990-PF (2012)1? 2E1410 1000AFB784 F938 11/14/2013 16:01:31 15-8400 51 Form 990-PF ( 2012 ) 41 -1359579 Page 2 Attached schedules and amounts in the Beginning of year End of year Balance Sheets description column should be for end-of-year amounts only (See instructions .) ( a) Book Value ( b) Book Value (c) Fair Market Value 1 Cash - noninterest-bearing . ... ............. 8 , 000 , 348. 2 , 160 , 665. 2 , 160 , 665 2 Savings and temporary cash investments . , ........ 11 438 702. 1 , 515 , 042 . 1 , 515 , 042 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 NONE ► -------------- 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 ) , STMT 19 9 , 069 , 884. 18 385 780. 19 , 218 , 222 c Investments - corporate bonds ( attach schedule). STMT .2.0. 5 , 516 , 198. 13 814 225. 13 , 875 , 890 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 ►- - STMT 21 ) 1 , 595 , 674. 1 , 689 , 542* 1 , 689 , 541 16 Total assets ( to be completed------------by all filers - see the instructions. Also, see page 1, item I) .. 35 620 806. 37 565 , 254m 38 , 459 , 360 17 Accounts payable and accrued expenses . , . , . 1 577 720. 1 : 555 , 409 . 18 Grants payable . 2 262 543. 2 , 397 , 529. m 19 Deferred revenue . 20 Loans from officers, directors , trustees, and other disqualified persons C 21 Mortgages and other notes payable ( attach schedule) . J 22 Other liabilities ( describe ) ► -------------------- 23 Total liabilities ( add lines 17 through 22 ) . 3 , 840 , 263. 3 , 952 , 938. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . cc 25 Temporarily restricted . ca 26 Permanently restricted . Foundations that do not follow SFAS 117, LL check here and complete lines 27 through 31. ► y 27 Capital stock, trust principal , or current funds ........ 31 780 543. 33 , 612 , 316. 28 Paid-in or capital surplus , or land, bldg , and equipment fund . Q 29 Retained earnings, accumulated income , endowment , or other funds w 30 Total net assets or fund balances ( see instructions ) . 31 7 8 0 54 3 . 33 , 612 , 316* Z 31 Total liabilities and net assets /fund balances (see instructions) 35 620 806. 37 565 254. Anal sis of Chan ges in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) , , , ,, , , , , , , , , , , , , , , , , , , , , , 1 31 , 780 , 543. 2 Enter amount from Part I. line 27a 2 1 , 975 , 716. 3 Other increases not included in line 2 (itemize) 3 ►----------- --------------------------- 4 Add lines 1, 2, and3 , , , , ,, , ,, , , , , , ,, 4 33 756 259. 5 Decreases not included in line 2 (Itemize) ► SEE STATEMENT 22 5 143 , 943. 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II. column N. line 30 .... 6 33.612.316. Form 990-PF (2012) JSA 2E 1420 1 000 AFB784 F938 11/14/2013 16:01:31 15-8400 52 41-1359579 Form 990-PF ( 2012) Page 3 • . , Capital Gains and Losses for Tax on Investment Income (b) How c) Date (a) List and describe the kind ( s) of property sold (e.g., real estate, acqu i red a(cquired (d) Date sold P mo., day, yr.) (mo ., day, yr.) 2-story brick warehouse ; or common stock, 200 shs. MLC Co.) D - D rnanon ( la PUBLICLY TRADED SECURITIES b c d e f) Depreciation allowed (g) Cost or other basis ( h) Gain or (loss) (e) Gross sales price ( ( or allowable ) plus expense of sale ( e) plus (f) minus (g) a 36 421 665. 35 383 872. 1 , 037 , 793. b c d e Com p lete only for assets showm g ain in column ( h) and owned by the foundation on 12 / 31 /69 (I) Gains (Col. (h) gain minus (j) Adjusted basis ( k) Excess of col . ( i) col. (k), but not less than -0-) or (i) F.M.V. as of 12 / 31/69 as of 12 / 31/69 over col. (1), if any Losses ( from col. (h)) a 1 , 037 , 793. b c d e If gain , also enter in Part I, line 7 2 Capital gain net income or (net capital loss) { If (loss ), enter -0- in Part I, line 7 2 1 , 037 , 793. 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 J 3 Off= 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' 1-1 Yes © No If "Yes," the foundation does not qualify under section 4940 ( e).