Civic Intelligence

American Greetings Corp Welfare Benefits

EIN 34-6953323 • 501(c)9 • Brooklyn, OH

Profile

The trust hereunder has been formed for the purpose of funding the plan and any benefit programs which the company, american greetings corporation, designates for inclusion in the plan. It is the intentof the company and the trustee that the trust fund be administered in accordance with the terms of the plan, except as otherwise expressly provided in this agreement. The company established this trust in order to facilitate administration of the plan and to provide employees with a greater sense of welfare benefit upon retirement.

4900 Tiedeman Road Oh-01-49-0381Brooklyn, OH 44144

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

80th percentile

0.00x

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

501(c)9 • <$500k nonprofits • Source year 2025

Net Margin

16th percentile

-2788%

Higher net margin than 16% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$1,073

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)9 • <$500k nonprofits • Source year 2025

Asset Growth

46th percentile

-100%

Faster asset growth than 46% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-96%

Faster revenue growth than 23% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$0

Down $4,515,946 (-100%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$0

Down $4,515,946 (-100%) from 2024

Revenue

Down

$161,539

Down $3,563,315 (-96%) from 2024

Expenses

Down

$4,665,785

Down $12,010,505 (-72%) from 2024

Net Income

Up

-$4,504,246

Up $8,447,190 (+65%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2022: $24,933,594Liabilities 2022: $0Net Assets 2022: $24,933,5942022Assets 2023: $20,442,293Liabilities 2023: $0Net Assets 2023: $20,442,2932023Assets 2024: $4,515,946Liabilities 2024: $0Net Assets 2024: $4,515,9462024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2025

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10M-$20MRevenue 2022: $4,255,520Expenses 2022: $6,082,255Net Income 2022: -$1,826,7352022Revenue 2023: $489,562Expenses 2023: $3,456,183Net Income 2023: -$2,966,6212023Revenue 2024: $3,724,854Expenses 2024: $16,676,290Net Income 2024: -$12,951,4362024Revenue 2025: $161,539Expenses 2025: $4,665,785Net Income 2025: -$4,504,2462025

Highlighted filing

2025

Revenue$161,539
Expenses$4,665,785
Net Income-$4,504,246

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$161,539
Mission and Program Overview

Mission

The trust hereunder has been formed for the purpose of funding the plan and any benefit programs which the company, american greetings corporation, designates for inclusion in the plan. It is the intentof the company and the trustee that the trust fund be administered in accordance with the terms of the plan, except as otherwise expressly provided in this agreement. The company established this trust in order to facilitate administration of the plan and to provide employees with a greater sense of welfare benefit upon retirement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,515,946--
Cap Stk Tr Prin Current Funds$4,515,946--
Rtn Earn Endowment Incm Other Fnds-$0-
Total Assets$4,515,946$0▼ $4,515,946
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,515,946$0▼ $4,515,946
Total Liabilities and Net Assets / Fund Balance$4,515,946$0▼ $4,515,946
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$1,073$1,073
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$99,300
Investment Income
$62,239
Other Revenue
$0
Change in Net Assets
$-4,504,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,480
Salaries, Compensation, and Employee Benefits$1,073
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$4,642,232--$4,642,232
Current Officers, Directors, Trustees, and Key Employees$1,073--$1,073
Other Expenses$25--$25
Total Functional Expenses$4,665,785$0$0$4,665,785
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 the sole trustee of this trust. There are no material differences of members voting rights.

Explanation for Form 990, Page 6, Part VI, Line 6

Shareholders elect the board of directors to oversee their interest in the long-term health and overall success and financial strength of the business. The board serves as the ultimate decision-making body, except for those matters reserved to or shared with the shareholders. The board selects and overseesthe members of senior management who are charged by the board with conducting the business.

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

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

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

There is no conflict of interest policy for this trust. Keybank, as trustee has a written conflict of interest policy. American greetings corporation has a written conflict of interest policy and key managers and officers are required to sign off on it annually.

FORM 990, PAGE 6, PART VI, LINE 15A

KEYBANK, SERVING AS TRUSTEE, MAKES DECISIONS AS DIRECTED BY AMERICAN GREETINGS IN ACCORDANCE WITH THE MISSION OF THIS VEBA TRUST. COMPLYING WITH PAGE 16, ITEM 6.2(b) OF THE TRUST INSTRUMENT, WHICH STATES THAT"THE COMPANY" SHALL PAY TO THE TRUSTEE FROM TIME TO TIME SUCH REASONABLE COMPENSATION FOR ITS SERVICES AS TRUSTEE AS AGREED UPON,BUT UNTIL PAID, SUCH COMPENSATION SHALL CONSTITUTE A CHARGE UPON THETRUST FUND. THE COMPANY USES THIS TRUST MAINLY TO MAKE BENEFITPAYMENTS ACCORDING TO THE ESTABLISHED VEBA PLAN.

FORM 990, PAGE 6, PART VI, LINE 15B

All issues regarding compensation for executives are reviewed by thecompensation committee of the board of directors and approved by the entire board.

Form 990, Page 6, Part VI, Line 19

Keybank makes documents available upon request by mail or by phone and delivered within two weeks of the request. American greetings makesdocuments available to the public through their internet site andspecifically their corporate governance pages. All necessarydocuments required of a publicly held complany are made availablethrough governmental filings and through their investor relationsinternet pages and through their annual reports.

Filing and Contact Details

Filer

Filer Name
American Greetings Corp Welfare Benefits
EIN
34-6953323
Phone
2166893681
Address
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH 44144

Signing Officer

Name
Keybank by Joseph Velkos
Title
Vice President
Phone
2166893681
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
7
Employees
0

Preparer

Firm
Pwc US Tax Llp
Address
4300 E CAMELBACK ROAD STE 475, PHOENIX, AZ 85018
Preparer
Jeffrey E Kuhlin
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Accrued Income Adjustment -$11,700

Raw XML Appendix305 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/ActivityOrMissionDesc0THE TRUST HEREUNDER HAS BEEN FORMED FOR THE PURPOSE OF FUNDING THE PLAN AND ANY BENEFIT PROGRAMS WHICH THE COMPANY, AMERICAN GREETINGS CORPORATION, DESIGNATES FOR INCLUSION IN THE PLAN. IT IS THE INTENTOF THE COMPANY AND THE TRUSTEE THAT THE TRUST FUND BE ADMINISTERED IN ACCORDANCE WITH THE TERMS OF THE PLAN, EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT. THE COMPANY ESTABLISHED THIS TRUST IN ORDER TO FACILITATE ADMINISTRATION OF THE PLAN AND TO PROVIDE EMPLOYEES WITH A GREATER SENSE OF WELFARE BENEFIT UPON RETIREMENT.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt04642232
IRS990/BenefitsToMembersGrp/TotalAmt04642232
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMERICAN GREETINGS CORPORATION
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0HUMAN RESOURCES
IRS990/BooksInCareOfDetail/PhoneNum02162527300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0ONE AMERICAN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044144
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt04515946
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt01073
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01073
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04642232
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt062239
IRS990/CYOtherExpensesAmt022480
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt099300
IRS990/CYRevenuesLessExpensesAmt0-4504246
IRS990/CYSalariesCompEmpBnftPaidAmt01073
IRS990/CYTotalExpensesAmt04665785
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0161539
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PAYMENTS ARE MADE ON BEHALF OF RETIREES, AND THEIR DEPENDENTS WHICH PROVIDE FOR LIFE, SICKNESS,ACCIDENT, DISABILITY, AND OTHER SIMILAR BENEFITS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt04642232
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0KEYBANK NATIONAL ASSOCIATION
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01073
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt04642232
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0161539
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt062239
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062239
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04515946
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE TRUST HEREUNDER HAS BEEN FORMED FOR THE PURPOSE OF FUNDING THE PLAN AND ANY BENEFIT PROGRAMS WHICH THE COMPANY, AMERICAN GREETINGS CORPORATION, DESIGNATES FOR INCLUSION IN THE PLAN. IT IS THE INTENTOF THE COMPANY AND THE TRUSTEE THAT THE TRUST FUND BE ADMINISTERED IN ACCORDANCE WITH THE TERMS OF THE PLAN, EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT. THE COMPANY ESTABLISHED THIS TRUST IN ORDER TO FACILITATE ADMINISTRATION OF THE PLAN AND TO PROVIDE EMPLOYEES WITH A GREATER SENSE OF WELFARE BENEFIT UPON RETIREMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04515946
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-11700
IRS990/OtherExpensesGrp/Desc0ADMIN AND CONSULTING FEES
IRS990/OtherExpensesGrp/Desc1CLASS ACTION PROCESSING FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt022455
IRS990/OtherExpensesGrp/ProgramServicesAmt125
IRS990/OtherExpensesGrp/TotalAmt022455
IRS990/OtherExpensesGrp/TotalAmt125
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0NET GAIN FROM RICS
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0KEYBANK N A TRUSTEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0CLAIM REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt016485457
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03600259
IRS990/PYOtherExpensesAmt0180990
IRS990/PYProgramServiceRevenueAmt0124595
IRS990/PYRevenuesLessExpensesAmt0-12951436
IRS990/PYSalariesCompEmpBnftPaidAmt09843
IRS990/PYTotalExpensesAmt016676290
IRS990/PYTotalRevenueAmt03724854
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-4504246
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0TERMINATING DISTRIBUTIONS PAYING MEMBER BENEFITS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-06-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0340065325
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt04642232
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0C Corp
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0AMERICAN GREETINGS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0ONE AMERICAN BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0CLEVELAND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0OH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd044145
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KEYBANK IS THE SOLE TRUSTEE OF THIS TRUST. THERE ARE NO MATERIAL DIFFERENCES OF MEMBERS VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SHAREHOLDERS ELECT THE BOARD OF DIRECTORS TO OVERSEE THEIR INTEREST IN THE LONG-TERM HEALTH AND OVERALL SUCCESS AND FINANCIAL STRENGTH OF THE BUSINESS. THE BOARD SERVES AS THE ULTIMATE DECISION-MAKING BODY, EXCEPT FOR THOSE MATTERS RESERVED TO OR SHARED WITH THE SHAREHOLDERS. THE BOARD SELECTS AND OVERSEESTHE MEMBERS OF SENIOR MANAGEMENT WHO ARE CHARGED BY THE BOARD WITH CONDUCTING THE BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL RETURNS ARE THOROUGHLY PREPARED AND REVIEWED BY OUR INTERNAL PROFESSIONAL TRUST TAX DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS NO CONFLICT OF INTEREST POLICY FOR THIS TRUST. KEYBANK, AS TRUSTEE HAS A WRITTEN CONFLICT OF INTEREST POLICY. AMERICAN GREETINGS CORPORATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AND KEY MANAGERS AND OFFICERS ARE REQUIRED TO SIGN OFF ON IT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEYBANK, SERVING AS TRUSTEE, MAKES DECISIONS AS DIRECTED BY AMERICAN GREETINGS IN ACCORDANCE WITH THE MISSION OF THIS VEBA TRUST. COMPLYING WITH PAGE 16, ITEM 6.2(b) OF THE TRUST INSTRUMENT, WHICH STATES THAT"THE COMPANY" SHALL PAY TO THE TRUSTEE FROM TIME TO TIME SUCH REASONABLE COMPENSATION FOR ITS SERVICES AS TRUSTEE AS AGREED UPON,BUT UNTIL PAID, SUCH COMPENSATION SHALL CONSTITUTE A CHARGE UPON THETRUST FUND. THE COMPANY USES THIS TRUST MAINLY TO MAKE BENEFITPAYMENTS ACCORDING TO THE ESTABLISHED VEBA PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL ISSUES REGARDING COMPENSATION FOR EXECUTIVES ARE REVIEWED BY THECOMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND APPROVED BY THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6KEYBANK MAKES DOCUMENTS AVAILABLE UPON REQUEST BY MAIL OR BY PHONE AND DELIVERED WITHIN TWO WEEKS OF THE REQUEST. AMERICAN GREETINGS MAKESDOCUMENTS AVAILABLE TO THE PUBLIC THROUGH THEIR INTERNET SITE ANDSPECIFICALLY THEIR CORPORATE GOVERNANCE PAGES. ALL NECESSARYDOCUMENTS REQUIRED OF A PUBLICLY HELD COMPLANY ARE MADE AVAILABLETHROUGH GOVERNMENTAL FILINGS AND THROUGH THEIR INVESTOR RELATIONSINTERNET PAGES AND THROUGH THEIR ANNUAL REPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accrued Income Adjustment -$11,700
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0340065325
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANUFACTURING GREETING CARDS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0AMERICAN GREETINGS CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0ONE AMERCAN BLVD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CLEVELAND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd044145
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt04515946
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt04515946
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04665785
IRS990/TotalFunctionalExpensesGrp/TotalAmt04665785
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04515946
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04642232
IRS990/TotalProgramServiceRevenueAmt099300
IRS990/TotalReportableCompFromOrgAmt01073
IRS990/TotalRevenueGrp/ExclusionAmt062239
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099300
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161539
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04515946
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04900 TIEDEMAN OH-01-49-0381
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044144
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEYBANK BY JOSEPH VELKOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum02166893681
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN GREETINGS CORP WELFARE BENEFITS
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0346953323
ReturnHeader/Filer/PhoneNum02166893681
ReturnHeader/Filer/USAddress/AddressLine1Txt04900 TIEDEMAN ROAD OH-01-49-0381
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044144
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920460586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PWC US TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04300 E CAMELBACK ROAD STE 475
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085018
ReturnHeader/PreparerPersonGrp/PhoneNum04123556000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY E KUHLIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-11T12:01:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-03-01
ReturnHeader/TaxPeriodEndDt02025-02-28
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.