Civic Intelligence

J W Ellsworth Endowment Trust 20-32389000

990 • Fiscal year 2020 • EIN 34-6501094

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

4900 Tiedeman Rdoh-01-49-0150Brooklyn, OH 44144

(216) 471-2012

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

1st percentile

-1064%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

40th percentile

$209,962

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 103.4% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

9th percentile

-6.1%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Down

$35,004,261

Down $2,255,253 (-6.1%) from 2019

Net Assets

Down

$35,004,261

Down $2,255,253 (-6.1%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$203,147

Down $3,977,089 (-95%) from 2019

Expenses

Down

$2,364,028

Down $1,006,869 (-30%) from 2019

Net Income

Down

-$2,160,881

Down $2,970,220 (-367%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2019: $37,259,514Liabilities 2019: $0Net Assets 2019: $37,259,5142019Assets 2020: $35,004,261Liabilities 2020: $0Net Assets 2020: $35,004,2612020Assets 2021: $41,012,268Liabilities 2021: $0Net Assets 2021: $41,012,2682021Assets 2022: $41,872,079Liabilities 2022: $0Net Assets 2022: $41,872,0792022Assets 2023: $37,249,310Liabilities 2023: $0Net Assets 2023: $37,249,3102023Assets 2024: $38,183,517Liabilities 2024: $0Net Assets 2024: $38,183,5172024

Highlighted filing

2020

Assets$35,004,261
Liabilities$0
Net Assets$35,004,261

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2019: $4,180,236Expenses 2019: $3,370,897Net Income 2019: $809,3392019Revenue 2020: $203,147Expenses 2020: $2,364,028Net Income 2020: -$2,160,8812020Revenue 2021: $8,866,980Expenses 2021: $3,108,960Net Income 2021: $5,758,0202021Revenue 2022: $4,699,959Expenses 2022: $3,043,488Net Income 2022: $1,656,4712022Revenue 2023: $979,578Expenses 2023: $5,601,980Net Income 2023: -$4,622,4022023Revenue 2024: $1,869,832Expenses 2024: $303,565Net Income 2024: $1,566,2672024

Highlighted filing

2020

Revenue$203,147
Expenses$2,364,028
Net Income-$2,160,881
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$13,904,026
Mission and Program Overview

Mission

Grants are made according to trust agreement dated december 21, 1923. Keybank,as trustee, makes distributions for the operation,maintenance, and upkeep of the western reserve academy. Distributions are to be used solely for educational purposes. Specifically, to maintain and operate an institution of learning for boys and young men that they may be prepared to be useful citizens of the republic, and in addition to the usual curriculum comprising the classics, humanities, and sciences, to maintain a department of agriculture. It shall be the purpose of the school to avoid as far as possible the defects of modern educational methods. Students shall be developed by insistence on the mastery of fundamental subjects of study. Scientific researches conducted by members of the faculty are to be encouraged. Students with limited means shall be permitted and the tuition to be charged to students shall at all times be maintained with that object in view. Keybank maintains a responsiveness to the

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$36,226,723$33,097,617▼ $3,129,106
Investments in Publicly Traded Securities$19,103,016$19,437,410▲ $334,394
Investments Other Securities$11,836,162$9,593,132▼ $2,243,030
Savings and Temporary Cash Investments$6,320,336$5,973,719▼ $346,617
Rtn Earn Endowment Incm Other Fnds$1,032,791$1,906,644▲ $873,853
Total Assets$37,259,514$35,004,261▼ $2,255,253
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,259,514$35,004,261▼ $2,255,253
Total Liabilities and Net Assets / Fund Balance$37,259,514$35,004,261▼ $2,255,253

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$337,496--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-TrusteePT$209,962$209,962
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-648,156
Other Revenue
$851,303
Change in Net Assets
$-2,160,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,086,139
Salaries, Compensation, and Employee Benefits$209,962
Other Expenses$67,927
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,086,139--$2,086,139
Current Officers, Directors, Trustees, and Key Employees-$209,962-$209,962
All Other Expenses-$53,133-$53,133
Fees for Service Investment Mgmnt Fees-$14,294-$14,294
Fees for Services Accounting-$500-$500
Total Functional Expenses$2,086,139$277,889$0$2,364,028
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

KEYBANK IS SOLE TRUSTEE.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

KeyBank administration documents all meetings and written actions taken during the year. Actions through NPTAC are also documented.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

KeyBank administration documents all meetings and written actions taken during the year. Actions through NPTAC are also documented.

Form 990, Page 6, Part VI, Line 11-description of Process for Review

All returns are thoroughly prepared and reviewed by our internal professional tax department.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request by mail or by phone and delivered within 2 weeks of the request.

Filing and Contact Details

Filer

Filer Name
J W Ellsworth Endowment Trust
EIN
34-6501094
Phone
2164712012
Address
4900 TIEDEMAN RDOH-01-49-0150, BROOKLYN, OH 44144

Signing Officer

Name
Keybank Byp S Chmura
Title
Vice President
Phone
2164712012
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1923
Legal Domicile
Oh
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
1850 N CENTRAL AVE STE 700, PHOENIX, AZ 85004
Preparer
Jeffrey E Kuhlin
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Partnership basis adjustments

Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED DECEMBER 21, 1923. KEYBANK,AS TRUSTEE, MAKES DISTRIBUTIONS FOR THE OPERATION,MAINTENANCE, AND UPKEEP OF THE WESTERN RESERVE ACADEMY. DISTRIBUTIONS ARE TO BE USED SOLELY FOR EDUCATIONAL PURPOSES. SPECIFICALLY, TO MAINTAIN AND OPERATE AN INSTITUTION OF LEARNING FOR BOYS AND YOUNG MEN THAT THEY MAY BE PREPARED TO BE USEFUL CITIZENS OF THE REPUBLIC, AND IN ADDITION TO THE USUAL CURRICULUM COMPRISING THE CLASSICS, HUMANITIES, AND SCIENCES, TO MAINTAIN A DEPARTMENT OF AGRICULTURE. IT SHALL BE THE PURPOSE OF THE SCHOOL TO AVOID AS FAR AS POSSIBLE THE DEFECTS OF MODERN EDUCATIONAL METHODS. STUDENTS SHALL BE DEVELOPED BY INSISTENCE ON THE MASTERY OF FUNDAMENTAL SUBJECTS OF STUDY. SCIENTIFIC RESEARCHES CONDUCTED BY MEMBERS OF THE FACULTY ARE TO BE ENCOURAGED. STUDENTS WITH LIMITED MEANS SHALL BE PERMITTED AND THE TUITION TO BE CHARGED TO STUDENTS SHALL AT ALL TIMES BE MAINTAINED WITH THAT OBJECT IN VIEW. KEYBANK MAINTAINS A RESPONSIVENESS TO THE
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt053133
IRS990/AllOtherExpensesGrp/TotalAmt053133
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEYBANK N A
IRS990/BooksInCareOfDetail/PhoneNum02168134556
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04900 TIEDEMAN RDOH-01-49-0150
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0441442302
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt036226723
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt033097617
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0209962
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0209962
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt02086139
IRS990/CYInvestmentIncomeAmt0-648156
IRS990/CYOtherExpensesAmt067927
IRS990/CYOtherRevenueAmt0851303
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-2160881
IRS990/CYSalariesCompEmpBnftPaidAmt0209962
IRS990/CYTotalExpensesAmt02364028
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0203147
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0GRANTS MADE FOR THE OPERATION, MAINTENANCE AND UPKEEP OF THE WESTERN RESERVE ACADEMY. DISTRIBUTIONS ARE TO BE USED SOLELY FOR EDUCATIONAL PURPOSES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02086139
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0500
IRS990/FeesForServicesAccountingGrp/TotalAmt0500
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt014294
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt014294
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0KEYBANK N A
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0209962
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01923
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-994843
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt02086139
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02086139
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02086139
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012706036
IRS990/GrossReceiptsAmt013904026
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0346687
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0346687
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt011836162
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt09593132
IRS990/InvestmentsPubTradedSecGrp/BOYAmt019103016
IRS990/InvestmentsPubTradedSecGrp/EOYAmt019437410
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt013700879
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0818194
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0851303
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt033109
IRS990/MissionDesc0GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED DECEMBER 21, 1923. KEYBANK,AS TRUSTEE, MAKES DISTRIBUTIONS FOR THE OPERATION,MAINTENANCE, AND UPKEEP OF THE WESTERN RESERVE ACADEMY. DISTRIBUTIONS ARE TO BE USED SOLELY FOR EDUCATIONAL PURPOSES. SPECIFICALLY, TO MAINTAIN AND OPERATE AN INSTITUTION OF LEARNING FOR BOYS AND YOUNG MEN THAT THEY MAY BE PREPARED TO BE USEFUL CITIZENS OF THE REPUBLIC, AND IN ADDITION TO THE USUAL CURRICULUM COMPRISING THE CLASSICS, HUMANITIES, AND SCIENCES, TO MAINTAIN A DEPARTMENT OF AGRICULTURE. IT SHALL BE THE PURPOSE OF THE SCHOOL TO AVOID AS FAR AS POSSIBLE THE DEFECTS OF MODERN EDUCATIONAL METHODS. STUDENTS SHALL BE DEVELOPED BY INSISTENCE ON THE MASTERY OF FUNDAMENTAL SUBJECTS OF STUDY. SCIENTIFIC RESEARCHES CONDUCTED BY MEMBERS OF THE FACULTY ARE TO BE ENCOURAGED. STUDENTS WITH LIMITED MEANS SHALL BE PERMITTED AND THE TUITION TO BE CHARGED TO STUDENTS SHALL AT ALL TIMES BE MAINTAINED WITH THAT OBJECT IN VIEW. KEYBANK MAINTAINS A RESPONSIVENESS TO THE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt037259514
IRS990/NetAssetsOrFundBalancesEOYAmt035004261
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-994843
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-994843
IRS990/NetUnrelatedBusTxblIncmAmt015554
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-94372
IRS990/OtherExpensesGrp/Desc0STATE FILING FEE
IRS990/OtherRevenueMiscGrp/Desc0PARTNERSHIP K-1 INCOME
IRS990/OtherRevenueTotalAmt0851303
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0KEYBANK N A TRUSTEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INCOME
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02934644
IRS990/PYInvestmentIncomeAmt02655555
IRS990/PYOtherExpensesAmt0252091
IRS990/PYOtherRevenueAmt01524681
IRS990/PYRevenuesLessExpensesAmt0809339
IRS990/PYSalariesCompEmpBnftPaidAmt0184162
IRS990/PYTotalExpensesAmt03370897
IRS990/PYTotalRevenueAmt04180236
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2160881
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01032791
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01906644
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06320336
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05973719
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt0346687
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt02706442
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt014294
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt090485
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt0346687
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt02706442
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt0209962
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt0184162
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt0122431
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt02431795
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt02431795
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt02067026
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt02067026
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt02067026
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt01771268
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt02067026
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt02067026
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt02086139
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt019113
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt019113
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt019113
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt02086139
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt02067026
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt01.0
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt02086139
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt02086139
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0KeyBank representatives have completed an extensive internal review of supporting organization accounts. This was done in concert with inhous e counsel and individual determinations were made with respect to the relationships.The beneficiaries hasve the right to remove the trustee and the trustee has the right to amend the trust to insure continuatio n of 509(a)3 status.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1KEYBANK, AS TRUSTEE WELCOMES THE INPUT OF THE CHARITABLE BENEFICIARIES AS TO INVESTMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2KeyBank, as Trustee, maintains a close and continuous working relation ship with Western Reserve Academy. The supported organization maintai n a significant voice as they have right to remove the Trustee and rep lace with another corporate Trustee. The Trustee has the authority to amend the document to insure the continuation of 509(a)3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3status. The supported organizations receive periodic statements reflec ting all activity in the trust regarding income, expenses, and investm ents. KeyBank welcomes the input of the supported organizationsas to i nvestments.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc02
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc13
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc28
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc38, CONTINUED
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt051658372
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt051378318
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt051658372
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt051378318
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0774876
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0770675
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt050883496
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt050607643
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt01780922
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt01771268
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt051658372
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt051378318
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt01780922
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt01771268
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0340714390
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02086139
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WESTERN RESERVE ACADEMY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt02086139
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01113383
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11251003
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2283023
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt32298304
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt42135074
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt52174849
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6337496
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SIGULAR GUFF BRIC OPPORTUN FD II (4
IRS990ScheduleD/OtherSecuritiesGrp/Desc1DEERFIELD PRIVATE DESIGN FUND II, L
IRS990ScheduleD/OtherSecuritiesGrp/Desc2HOSEN
IRS990ScheduleD/OtherSecuritiesGrp/Desc3AG ENERGY CREDIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc4POLUNIN DEVELOPING COUNTRIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc5GQG PARTNERS EMERGING MKTS LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc6HGI KF08 SELECT LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/TotalBookValueSecuritiesAmt09593132
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KEYBANK IS SOLE TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KeyBank administration documents all meetings and written actions taken during the year. Actions through NPTAC are also documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KeyBank administration documents all meetings and written actions taken during the year. Actions through NPTAC are also documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL RETURNS ARE THOROUGHLY PREPARED AND REVIEWED BY OUR INTERNAL PROFESSIONAL TAX DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST BY MAIL OR BY PHONE AND DELIVERED WITHIN 2 WEEKS OF THE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PARTNERSHIP BASIS ADJUSTMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037259514
IRS990/TotalAssetsEOYAmt035004261
IRS990/TotalAssetsGrp/BOYAmt037259514
IRS990/TotalAssetsGrp/EOYAmt035004261
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0277889
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02086139
IRS990/TotalFunctionalExpensesGrp/TotalAmt02364028
IRS990/TotalGrossUBIAmt033109
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt037259514
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt035004261
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02086139
IRS990/TotalReportableCompFromOrgAmt0209962
IRS990/TotalRevenueGrp/ExclusionAmt0170038
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0203147
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt033109
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037259514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035004261
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEYBANK BYP S CHMURA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02164712012
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0J W ELLSWORTH ENDOWMENT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0ELLS
ReturnHeader/Filer/EIN0346501094
ReturnHeader/Filer/PhoneNum02164712012
ReturnHeader/Filer/USAddress/AddressLine1Txt04900 TIEDEMAN RDOH-01-49-0150
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134008324
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRICEWATERHOUSECOOPERS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01850 N CENTRAL AVE STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085004
ReturnHeader/PreparerPersonGrp/PhoneNum04123556000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY E KUHLIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-11T17:00:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings