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Nonprofiteer
← GEORGE A MACPHERSON FUND

Form 990 for tax year 2022

Filed by GEORGE A MACPHERSON FUND.

Totals

Total revenue
$87,682
Total expenses
$121,661
Contributions and grants received
$0
Grants paid
$92,309
Program service revenue
$0
Investment income
$87,682
Other revenue
$0
Total assets, end of year
$1,437,010
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,437,010
Program services expenses (Part IX)
$92,334
Management and general expenses
$29,327
Fundraising expenses
$0
Program service expenses (Part III)
$91,650

Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $32,124 · excluded $32,124

  • 7a · Gross sales of assets other than inventory

    securities $164,056

  • 7b · Less cost or other basis and sales expenses

    securities $108,498

  • 7c · Gain or loss

    securities $55,558

  • 7d · Net gain or loss

    total $55,558 · excluded $55,558

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $92,309 · program services $92,309

  • 5 · Compensation of officers, directors and key employees

    total $26,924 · management and general $26,924

  • 11b · Fees: legal

    total $658 · management and general $658

  • 11c · Fees: accounting

    total $750 · management and general $750

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0

  • 24a · Other expenses: FOREIGN TAXES

    total $995 · management and general $995

  • 24b · Other expenses: STATE CHARITABLE FILING FEE

    total $25 · program services $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $177 · end of year $159

  • 2 · Savings and temporary cash investments

    beginning of year $63,567 · end of year $28,221

  • 11 · Investments: publicly traded securities

    beginning of year $1,406,346 · end of year $1,408,111

  • 15 · Other assets

    beginning of year $423 · end of year $519

  • 29 · Capital stock, trust principal or current funds

    beginning of year $1,470,513 · end of year $1,436,491

  • 31 · Retained earnings, endowment or other funds

    end of year $519

Mission and programs · 2022

Mission

TO SUPPORT THE MINNESOTA HISTORICAL SOCIETY, MACALESTER COLLEGE, SAINT JOHN'S UNIVERSITY, AND THE CHARITABLE ORGANIZATIONS SELECTED BY THE INDIVIDUAL TRUSTEES WHO ARE APPOINTED BY THESE SUPPORTED ORGANIZATIONS

  • THE PURPOSE OF EACH GRANT MADE IS TO FURTHER THE MISSION OF MINNESOTA HISTORICAL SOCIETY

    Expenses $30,550 · Grants $30,550

  • THE PURPOSE OF EACH GRANT MADE IS TO FURTHER THE MACALESTER COLLEGE

    Expenses $30,550 · Grants $30,550

  • THE PURPOSE OF EACH GRANT MADE IS TO FURTHER THE MISSION OF SAINT JOHN'S UNIVERSITY

    Expenses $30,550 · Grants $30,550

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peggy Ingison

    TRUSTEE

    Total calculated
    $0

  • Gary D Martin

    TRUSTEE

    Total calculated
    $0

  • Jennifer Meyer

    TRUSTEE

    Total calculated
    $0

  • Us Bank Na

    TRUSTEE

    Total calculated
    $26,924
    From this org
    $26,924
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
6 May 2023
IRS schema version
2022v5.0
Source object
202321289349303187

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