Civic Intelligence

Rhodes Robert R Tr 242-0939462

990 • Fiscal year 2019 • EIN 34-6506870

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

Keybank 4900 Tiedeman Rd Oh-01-49-Brooklyn, OH 44144-2302

(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.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

3rd percentile

0.00x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

32nd percentile

$184,957

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$36,260,677

No earlier filing loaded for comparison.

Net Assets

$36,260,677

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$3,217,966

No earlier filing loaded for comparison.

Expenses

$2,068,543

No earlier filing loaded for comparison.

Net Income

$1,149,423

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2019: $36,260,677Liabilities 2019: $0Net Assets 2019: $36,260,6772019Assets 2020: $36,140,522Liabilities 2020: $0Net Assets 2020: $36,140,5222020Assets 2021: $38,777,651Liabilities 2021: $0Net Assets 2021: $38,777,6512021Assets 2022: $36,345,224Liabilities 2022: $0Net Assets 2022: $36,345,2242022Assets 2023: $34,739,463Liabilities 2023: $0Net Assets 2023: $34,739,4632023Assets 2024: $37,205,720Liabilities 2024: $0Net Assets 2024: $37,205,7202024

Highlighted filing

2019

Assets$36,260,677
Liabilities$0
Net Assets$36,260,677

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2019: $3,217,966Expenses 2019: $2,068,543Net Income 2019: $1,149,4232019Revenue 2020: $1,858,681Expenses 2020: $1,994,402Net Income 2020: -$135,7212020Revenue 2021: $4,629,519Expenses 2021: $2,018,590Net Income 2021: $2,610,9292021Revenue 2022: -$75,551Expenses 2022: $2,292,460Net Income 2022: -$2,368,0112022Revenue 2023: $415,724Expenses 2023: $2,028,312Net Income 2023: -$1,612,5882023Revenue 2024: $4,271,126Expenses 2024: $1,986,416Net Income 2024: $2,284,7102024

Highlighted filing

2019

Revenue$3,217,966
Expenses$2,068,543
Net Income$1,149,423
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.0
Gross Receipts
$4,520,839
Mission and Program Overview

Mission

Grant payments are made in compliance with the Last Will and Testamentof Robert R Rhodes dated November 4, 1913 and aligned with updated Exhibit A Named Beneficiaries dated April 19, 1940.Keybank, as Trustee, makes distributions to pre selected exempt organizations to be used for their exempt purpose. Keybank maintains a responsiveness to the needs and activities of each beneficiary organization in the attainment of its mission. Under the Ohio Institutional Trust Funds Act of 1999, all beneficiaries except HiramHouse have chosen to receive the maximum of income based on thegreater of 5% of AFV or traditional income.Hiram House has chosen traditional income. The trust can be terminated by any 25% combination of beneficiary income interests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$35,299,575$36,260,677▲ $961,102
Investments in Publicly Traded Securities$35,299,575$35,495,866▲ $196,291
Investments Other Securities-$418,260-
Savings and Temporary Cash Investments-$346,551-
Total Assets$35,299,575$36,260,677▲ $961,102
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$35,299,575$36,260,677▲ $961,102
Total Liabilities and Net Assets / Fund Balance$35,299,575$36,260,677▲ $961,102
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$184,957$184,957
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$3,217,966
Other Revenue
$0
Change in Net Assets
$1,149,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,878,696
Salaries, Compensation, and Employee Benefits$184,957
Other Expenses$4,890
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,878,696--$1,878,696
Current Officers, Directors, Trustees, and Key Employees-$184,957-$184,957
Fees for Services Accounting-$3,000-$3,000
Fees for Service Investment Mgmnt Fees-$1,119-$1,119
Other Expenses-$771-$771
Total Functional Expenses$1,878,696$189,847$0$2,068,543
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University HospitalsCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the hospital's mission$319,399
Cleveland Clinic FoundationCleveland, OH170 (b) (1) (A)Grants made are for support and attainment of the hospital's mission$289,781
A M McGregor HomeCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$115,547
YMCA of Greater ClevelandCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$115,547
Young Womens Christian AssociationCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$115,547
Rainbow BabiesCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization'smission$59,236
St Johns Episcopal ChurchCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$59,236
Altenheim FoundationStrongsville, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization'smission$57,773
Beech BrookCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$57,773
Case Western ReserveCleveland, OH170 (b) (1) (A)Grants made are for the suppport and attainment of the organization's mission$57,773
Center for Community SolutionsChagrin Falls, OH170 (b) (1) (A)Grants made are for human service providers to identify and resolve economic, health and social issues facing Northeast Ohio$57,773
Cleveland Clinic Children's HospitalIndependence, OH170 (b) (1) (A)Grants made are for support and attainment of the hospital's mission$57,773
Eliza Jennings Senior Care NetworkLakewood, OH170 (b) (1) (A)Grants made are for support and attainment of the organization's mission$57,773
Goodrich-Gannett Neighborhood CenterCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the center's mission$57,773
St AlexisSisters of St FrancisMishawaka, IN170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$57,773
St Luke's FoundationCleveland, OH170 (b) (1) (A)-$57,773
St Vincent CharityCSAHSBrecksville, OH170 (b) (1) (A)Grants made are for support and attainment of the hospital's mission$57,773
Vocational Guidance & RehabilitationCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$57,773
The Hiram HouseChagrin Falls, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$50,422
American Lung AssociationDublin, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$29,618
Church Home for Sick & FriendlessCleveland, OH170 (b) (1) (A)Grants made are for the support and attainment of the organization's mission$29,618
St John Medical CenterWestlake, OH170 (b) (1) (A)Grants made are for support and attainment of the hospital's mission$29,618
Visiting Nurse AssociationCleveland, OH170 (b) (1) (A)Grants made are for support and attainment of the organization's mission$29,618
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
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

PART VI, Line 12A

No conflict of interest policy exists for the trust. Keybank N.A. has a corporate conflict of interest policy.

PART VI, Line 14

The trust has no written document retention or destruction policy. Keybank N.A. has a corporate document retention and destruction policy.

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.

Filing and Contact Details

Filer

Filer Name
Rhodes Robert R Tr 242-0939462
EIN
34-6506870
Phone
2164712012
Address
KEYBANK 4900 TIEDEMAN RD OH-01-49-, BROOKLYN, OH 44144-2302

Signing Officer

Name
Keybank Byp S Chmura
Title
SVP
Phone
2164712012
Signed
2020-11-10

Organization Details

Formed
1933
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, PAGE 2, PART III, LINE 4D

Grants made are for support and attainment of the missions of the organizations.

Explanation for Form 990, Part XI, Line 9

Cost basis modified on private advisors coinvestment fund iii limited partnership as well as adjust tax lot cost basis on glas funds spc

Raw XML AppendixShowing 400 of 707 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.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0KeyBank representatives have completed an extensive internal review ofsupporting organization accounts. This was done in concert with in house counsel and individual determinations were made with respect to the relationships.The trust can be terminated by any 25% combination of beneficiary income interests. The trustee has the right to amend the trust to insure continuation 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 relationship with each supporting organization. The supported organizations maintain a significant voice as the trust can be terminated by any 25% combination of beneficiary income interests. The Trustee has theauthority to amend the document to insure the
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3continuation of 509(a)3 status. The supported organizations receive periodic statements reflecting all activity in the trust regarding income, expenses, and investments. KeyBank welcomes the input of the supported organizations as to investments.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CLEVELAND CLINIC FDN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CENTER FOR COMM SOLUTIONS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2AMERICAN LUNG ASSOCIATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3THE HIRAM HOUSE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4A M MCGREGOR HOME
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5ST ALEXISSISTERS ST FRAN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6CLEVE CLINIC CHILD HOSPIT
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7BEECH BROOK
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8VOCATIONAL GUIDANCE REHAB
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt9CHURCH HOME
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt10VISITING NURSE ASSOC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt11YMCA OF GREATER CLEVE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt12YWCA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt13ST JOHN EPISCOPAL CHURCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt14CASE WESTERN RESERVE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt15GOODRICH-GANNETT NEIGHBOR
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt16ELIZA JENNINGS SNR CARE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt17UNIVERSITY HOSPITALS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt18ALTHENHEIM FDN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt19ST VINCENT CHARITYCSAHS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt20ST JOHN MEDICAL CENTER
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt21Rainbow Babies & Children's Hospital
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt22St Luke's Foundation

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