Civic Intelligence

Edgar W Freeman Charitable Trust 17174 W-555 First Natl Bank Bldg

990 • Fiscal year 2016 • EIN 41-6225766

Jan 01, 2016 to Dec 31, 2016 • Filed on May 25, 2017

Organization Profile
225 Cedar Street PO Box 156Yankton, SD 57078

(605) 665-4923

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

6th percentile

0.00x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

21st percentile

$28,291

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

37th percentile

-1.1%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets6th percentile

Assets

Down

$5,785,322

Down $64,100 (-1.1%) from 2015

Net Assets

Down

$5,785,322

Down $64,100 (-1.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin10th percentile

Revenue

Up

$204,664

Up $20,637 (+11%) from 2015

Expenses

Up

$268,764

Up $12,788 (+5.0%) from 2015

Net Income

Up

-$64,100

Up $7,849 (+11%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $5,271,081Liabilities 2010: $0Net Assets 2010: $5,271,0812010Assets 2011: $5,119,739Liabilities 2011: $0Net Assets 2011: $5,119,7392011Assets 2012: $5,121,174Liabilities 2012: $0Net Assets 2012: $5,121,1742012Assets 2013: $5,477,903Liabilities 2013: $0Net Assets 2013: $5,477,9032013Assets 2014: $5,921,371Liabilities 2014: $0Net Assets 2014: $5,921,3712014Assets 2015: $5,849,422Liabilities 2015: $0Net Assets 2015: $5,849,4222015Assets 2016: $5,785,322Liabilities 2016: $0Net Assets 2016: $5,785,3222016Assets 2017: $5,851,219Liabilities 2017: $0Net Assets 2017: $5,851,2192017Assets 2018: $5,964,657Liabilities 2018: $0Net Assets 2018: $5,964,6572018Assets 2019: $6,283,076Liabilities 2019: $0Net Assets 2019: $6,283,0762019Assets 2020: $6,270,678Liabilities 2020: $0Net Assets 2020: $6,270,6782020Assets 2021: $6,508,775Liabilities 2021: $0Net Assets 2021: $6,508,7752021Assets 2022: $6,509,734Liabilities 2022: $0Net Assets 2022: $6,509,7342022Assets 2023: $6,595,228Liabilities 2023: $0Net Assets 2023: $6,595,2282023Assets 2024: $6,711,701Liabilities 2024: $0Net Assets 2024: $6,711,7012024

Highlighted filing

2016

Assets$5,785,322
Liabilities$0
Net Assets$5,785,322
Open 2016 Filing

Operations Trend

Revenue Growth69th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $123,9402010Revenue 2011: $24,910Expenses 2011: $176,252Net Income 2011: -$151,3422011Expenses 2012: $153,8422012Revenue 2013: $532,550Expenses 2013: $175,821Net Income 2013: $356,7292013Revenue 2014: $657,278Expenses 2014: $213,810Net Income 2014: $443,4682014Revenue 2015: $184,027Expenses 2015: $255,976Net Income 2015: -$71,9492015Revenue 2016: $204,664Expenses 2016: $268,764Net Income 2016: -$64,1002016Revenue 2017: $311,816Expenses 2017: $245,919Net Income 2017: $65,8972017Revenue 2018: $393,562Expenses 2018: $280,124Net Income 2018: $113,4382018Revenue 2019: $602,830Expenses 2019: $284,411Net Income 2019: $318,4192019Revenue 2020: $281,644Expenses 2020: $294,042Net Income 2020: -$12,3982020Revenue 2021: $537,623Expenses 2021: $299,526Net Income 2021: $238,0972021Revenue 2022: $319,606Expenses 2022: $318,647Net Income 2022: $9592022Revenue 2023: $392,017Expenses 2023: $306,523Net Income 2023: $85,4942023Revenue 2024: $451,734Expenses 2024: $335,261Net Income 2024: $116,4732024

Highlighted filing

2016

Revenue$204,664
Expenses$268,764
Net Income-$64,100
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 25, 2017
Return Version
2016v3.0
Gross Receipts
$1,290,338
Mission and Program Overview

Mission

On january 2nd 1980, edgar w. Freeman established a charitable trust. The trust was organized exclusively to make distributions to support or maintain professorships at the university of south dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,791,773$5,776,911▼ $14,862
Cap Stk Tr Prin Current Funds$3,790,763$3,790,763→ $0
Rtn Earn Endowment Incm Other Fnds$2,058,659$1,994,559▼ $64,100
Savings and Temporary Cash Investments$54,410$8,411▼ $45,999
Cash and Non-Interest-Bearing Accounts$3,239--
Total Assets$5,849,422$5,785,322▼ $64,100
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,849,422$5,785,322▼ $64,100
Total Liabilities and Net Assets / Fund Balance$5,849,422$5,785,322▼ $64,100
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleBaseTotal
First Dakota National BankTrustee$28,291$28,291
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$204,664
Other Revenue
$0
Change in Net Assets
$-64,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$233,733
Salaries, Compensation, and Employee Benefits$28,291
Other Expenses$6,740
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$233,733--$233,733
Current Officers, Directors, Trustees, and Key Employees-$28,291-$28,291
Other Expenses$3,706--$3,706
Fees for Services Accounting$607$2,427-$3,034
Total Functional Expenses$238,046$30,718$0$268,764
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of South DakotaVermillion, SD3Funding Support$233,733
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 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

Form 990, Page 6, Part VI, Line 10B

“Due to the nature of the organization, our belief is that such policies are not appropriate given the finite purpose of the trust and the requirement imposed on the trust to meet the purpose and direction of the organization.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is completed and presented to the trustee to review in its entirety before filing with the irs.”

Form 990, Page 6, Part VI, Line 19

“Governance policy documents and tax return are available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Edgar W Freeman Charitable Trust
EIN
41-6225766
Phone
6056654923
Address
225 CEDAR STREET PO BOX 156, YANKTON, SD 57078

Signing Officer

Name
First Dakota National Bank
Title
Trustee
Phone
6056654923
Signed
2017-05-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
First Dakota National Bank
Formed
1980
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Williams & Company CPA Pc
Address
614 BROADWAY, YANKTON, SD 57078
Preparer
Danielle L Ward CPA
Phone
6056659401
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Charitable trust. One segment of the trust is designated to support or maintain physics department professorships at the university of south dakota.”

Raw XML Appendix342 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/ActivityOrMissionDesc0ON JANUARY 2ND 1980, EDGAR W. FREEMAN ESTABLISHED A CHARITABLE TRUST. THE TRUST WAS ORGANIZED EXCLUSIVELY TO MAKE DISTRIBUTIONS TO SUPPORT OR MAINTAIN PROFESSORSHIPS AT THE UNIVERSITY OF SOUTH DAKOTA.
IRS990/BooksInCareOfDetail/PersonNm0FIRST DAKOTA NATIONAL BANK
IRS990/BooksInCareOfDetail/PhoneNum06056654923
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 CEDAR STREET PO BOX 156
IRS990/BooksInCareOfDetail/USAddress/CityNm0YANKTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057078
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt03790763
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt03790763
IRS990/CashNonInterestBearingGrp/BOYAmt03239
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt028291
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt028291
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0233733
IRS990/CYInvestmentIncomeAmt0204664
IRS990/CYOtherExpensesAmt06740
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-64100
IRS990/CYSalariesCompEmpBnftPaidAmt028291
IRS990/CYTotalExpensesAmt0268764
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0204664
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ON JANUARY 2ND, 1980, EDGAR W. FREEMAN ESTABLISHED A CHARITABLE TRUST. ONE SEGMENT OF THE TRUST IS DESIGNATED TO SUPPORT OR MAINTAIN BUSINESS SCHOOL PROFESSORSHIPS AT THE UNIVERSITY OF SOUTH DAKOTA. ON JANUARY 2ND, 1980, EDGAR W. FREEMAN ESTABLISHED A CHARITABLE TRUST. ONE SEGMENT OF THE TRUST IS DESIGNATED TO SUPPORT OR MAINTAIN MEDICAL SCHOOL PROFESSORSHIPS AT THE UNIVERSITY OF SOUTH DAKOTA. ON JANUARY 2ND, 1980, EDGAR W. FREEMAN ESTABLISHED A CHARITABLE TRUST. ONE SEGMENT OF THE TRUST IS DESIGNATED TO SUPPORT OR MAINTAIN PHYSICS DEPARTMENT PROFESSORSHIPS AT THE UNIVERSITY OF SOUTH DAKOTA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0238046
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02427
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0607
IRS990/FeesForServicesAccountingGrp/TotalAmt03034
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0FIRST DAKOTA NATIONAL BANK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt028291
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt026667
IRS990/GainOrLossGrp/SecuritiesAmt013809
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0233733
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0233733
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0233733
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt026667
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01099483
IRS990/GrossReceiptsAmt01290338
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0157603
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06585
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0164188
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05791773
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05776911
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01085674
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ON JANUARY 2ND 1980, EDGAR W. FREEMAN ESTABLISHED A CHARITABLE TRUST. THE TRUST WAS ORGANIZED EXCLUSIVELY TO MAKE DISTRIBUTIONS TO SUPPORT OR MAINTAIN PROFESSORSHIPS AT THE UNIVERSITY OF SOUTH DAKOTA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05849422
IRS990/NetAssetsOrFundBalancesEOYAmt05785322
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt026667
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt013809
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt040476
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt03706
IRS990/OtherExpensesGrp/TotalAmt03706
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FIRST DAKOTA NATIONAL BANK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0221859
IRS990/PYInvestmentIncomeAmt0184027
IRS990/PYOtherExpensesAmt05167
IRS990/PYRevenuesLessExpensesAmt0-71949
IRS990/PYSalariesCompEmpBnftPaidAmt028950
IRS990/PYTotalExpensesAmt0255976
IRS990/PYTotalRevenueAmt0184027
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-64100
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02058659
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01994559
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054410
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08411
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt0159058
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt05242
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt0153816
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt032107
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt0126951
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt0126951
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0199288
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0199288
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0107908
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt0199288
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt0111081
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0199288
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt088207
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt0265058
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt0153977
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt088207
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt0153977
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt0153977
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt088207
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt031325
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt0233733
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0199288
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt01.000000000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt0233733
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt0265058
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/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt05780649
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt03721
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt05776928
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt086710
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt05693939
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0199288
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt05780649
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0199288
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0466018891
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0233733
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF SOUTH DAKOTA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0UNIVERSITY OF SOUTH DAKOTA
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0233733
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0233733
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF SOUTH DAKOTA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0UNIVERSITY OF SOUTH DAKOTA
IRS990ScheduleI/RecipientTable/RecipientEIN0466018891
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0414 EAST CLARK STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0VERMILLION
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057069
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EDGAR W. FREEMAN TRUST'S TRUSTEE PERIODICALLY REVIEWS THE SPECIFIED PROGRAMS AT THE UNIVERSITY OF SOUTH DAKOTA TO ENSURE PROPER USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARITABLE TRUST. ONE SEGMENT OF THE TRUST IS DESIGNATED TO SUPPORT OR MAINTAIN PHYSICS DEPARTMENT PROFESSORSHIPS AT THE UNIVERSITY OF SOUTH DAKOTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO THE NATURE OF THE ORGANIZATION, OUR BELIEF IS THAT SUCH POLICIES ARE NOT APPROPRIATE GIVEN THE FINITE PURPOSE OF THE TRUST AND THE REQUIREMENT IMPOSED ON THE TRUST TO MEET THE PURPOSE AND DIRECTION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS COMPLETED AND PRESENTED TO THE TRUSTEE TO REVIEW IN ITS ENTIRETY BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNANCE POLICY DOCUMENTS AND TAX RETURN ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05849422
IRS990/TotalAssetsEOYAmt05785322
IRS990/TotalAssetsGrp/BOYAmt05849422
IRS990/TotalAssetsGrp/EOYAmt05785322
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030718
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0238046
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268764
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05849422
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05785322
IRS990/TotalProgramServiceExpensesAmt0238046
IRS990/TotalReportableCompFromOrgAmt028291
IRS990/TotalRevenueGrp/ExclusionAmt0184270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020394
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0204664
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05849422
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05785322
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0225 CEDAR STREET PO BOX 156
IRS990/USAddress/CityNm0YANKTON
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057078
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FIRST DAKOTA NATIONAL BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06056654923
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDGAR W FREEMAN CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0EDGA
ReturnHeader/Filer/EIN0416225766
ReturnHeader/Filer/PhoneNum06056654923
ReturnHeader/Filer/USAddress/AddressLine1Txt0225 CEDAR STREET PO BOX 156
ReturnHeader/Filer/USAddress/CityNm0YANKTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057078
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId055768AC9CD56D4035E89663FEFE1880A83120F3A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId035D3879163D6E86CE39169CEF1932A0DEFAB2344
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421377056
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS & COMPANY CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0614 BROADWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0YANKTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057078
ReturnHeader/PreparerPersonGrp/PhoneNum06056659401
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE L WARD CPA
ReturnHeader/ReturnTs02017-05-25T13:19:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,785,322
Liabilities
$0
Net assets
$5,785,322
Revenue
$204,664
Expenses
$268,764
Net income
-$64,100
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.71$0.00$6.71$0.45$0.34$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$0.00$6.60$0.39$0.31$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.51$0.00$6.51$0.32$0.32$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.51$0.00$6.51$0.54$0.30$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$0.00$6.27$0.28$0.29$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.28$0.00$6.28$0.60$0.28$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.96$0.00$5.96$0.39$0.28$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$0.00$5.85$0.31$0.25$0.07
2016Detailed filing. Detailed filing data is available for this year.$5.79$0.00$5.79$0.20$0.27$0.06
2015Detailed filing. Detailed filing data is available for this year.$5.85$0.00$5.85$0.18$0.26$0.07
2014Detailed filing. Detailed filing data is available for this year.$5.92$0.00$5.92$0.66$0.21$0.44
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.48$0.00$5.48$0.53$0.18$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$0.00$5.12$0.15
2011Summary only. Only limited summary data is available for this year.$5.12$0.00$5.12$0.02$0.18$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.27$0.00$5.27$0.12