990-pf returnofprivate foundation...
TRANSCRIPT
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Form 990-PF Return of Private FoundationOMB No 1545-0052
or Section 4947 (a)(1) Nonexempt Charitable Trust 2007Department of the Treasury Treated as a Private FoundationInternal Revenue Service ( 77)
Note : The foundation maybe able to use a copy of this return to satisfy state reporting requirements
For calendar year 2007 , or tax year beginning JUL 1 , 2007 , and ending JUN 3 0, 2008
P_ Chant all that annf„• tnitiat rahirn F__1 Final ratnrn [ 1 Amended return ^^ A,trlrace nhnnno FI nla hanno
Use the IRSName of foundation A Employer identification number
label.Otherwise , The Rorke Family Foundation 20-0472523
print Number and street (or P O box number it mad is not delivered to street address ) Room/suite B Telephone numberor type 4437 Dupont Avenue South 612-823-5087
See SpecificInstructions .
City or town, state, and ZIP code C If exemption application is pending , check here 0
Minneapolis , MN 55419 D 1 Foreign organizations, check hereH Check type of organization: DO Section 501(c)(3) exempt private foundation meeting the2 chec
Forei gnhere a
aniznd attach computtation5
% test,
Section 4947 ( a )( 1 ) nonexem p t charitable trust 0 Other taxable p rivate foundationE If t f t t i t ddpriva oun ation s us was term nae a e
I Fair market value of all assets at end of year J Accounting method: ® Cash Accrual under section 507(b)(1)(A), check here
(from Part 11, col. (c), line 16) 0 Other (specify) F If the foundation is in a 60-month termination100. $ 5025 . (Part 1, column (d) must be on cash basis.) under section 507 ( b )( 1 B), check herePart I Analysis of Revenue and Expenses (a) Revenue and (b ) Net investment (c) Adjusted net (d) Disbursements
(The total of amounts in columns (b), (c), and (d) may notnecessarily equal the amounts in column (a)) ex p enses p er books income income
for charitable purposes(cash basis only)
I Contributions, gifts, grants, etc., received 53210. N/A2 i the foundation is fbi requited to attach Sch B
Interest on savings and temporary3 cash investments
2828 , Statement 1
4 Dividends and interest from securities
5a Gross rents
b Net rental income or (loss)
6a Net gain or ( loss) from sale of assets not on line 10 12782. 'C b
Gross sales price for allassets on line 6a 30282 .
7 Capital gain net income ( from Part IV , line 2) 12782.
8 Net short-term cap ital gain -0 Innn.nn r,n, r.afinno
CA0
z
eavov
00
0
t
go Sujlry PA fro
( Ja Excess ofr^venue over
It Irl^7. e ' ome (it
66020.0.
37800.5160.
2685.1233.
3394.
52521.12:
ses and disbursements 13499 .if negative enter -0-)
egative enter -0-
LHA For Privacy Act and Paperwork Reduction Act Notice , see the instructions.72350102-20-08
Gross sales less returns1 ()a and allowances
b Less Cost of goods sold
c Gross profit or (loss)
11 Other income
13 Compensation of officers, directors, trustees, etc
14 Other employee salaries and wages
15 Pension plans, employee benefits
16a Legal fees
Q b Accounting fees Stmt 2
W c Other professional fees Stmt 3
> 17 Interest
cc 18 Taxes Stmt 4
19 Depreciation and depletion
f 20 Occupancyo
< 21 Travel, conferences, and meetings
22 Printing and publications
23 Other expenses Stmt 5
24 Total operating and administrative
o. expenses Add lines 13 through 23
r is paid
e5 uuza^ nit dis ursements
0.
48343.
Form 990-PF (2007)
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Form 990-PF(200() The Rorke Family Foundation 20-0472523 Paget
Balance SheetsAttached schedules and amounts in the description Beginning of year End of year
Part ll column should be for end -of-year amounts only (a) Book Value (b) Book Value (c) Fair Market Value
1' Cash - non-interest-bearing 4345 4841. 4841.2 Savings and temporary cash investments
3 Accounts receivable ►Less: allowance for doubtful accounts ►
4 Pledges receivable ►Less: allowance for doubtful accounts ►
5 Grants receivable
6 Receivables due from officers, directors, trustees, and other
disqualified persons
7 Other notes and loans receivable ►
Less: allowance for doubtful accounts ►
'
W 8 Inventories for sale or use
9 Prepaid expenses and deferred charges
10a Investments - U.S. and state government obligations
b Investments - corporate stock
c Investments - corporate bonds
11 Investments - land buildings and equipment basis ►
Less accumulated depreciation ►
12 Investments - mortgage loans
13 Investments - other
14 Land, buildings, and equipment basis ► 12 3 0 .Less accumulated depreciation Stmt 6 ► 1046. 430 . 184.
` .
184.
15 Other assets (describe ►
16 Total assets to be com p leted b y all filers ) 4775. 5025. 5025.17 Accounts payable and accrued expenses 40. .
18 Grants payable - - -
a_a20 Loans from officers, directors trustees , and other disqualified persons
M 21 Mortgages and other notes payable --1
22 Other liabilities (describe ►
Foundations that follow SFAS 117, check here ►and complete lines 24 through 26 and lines 30 and 31. -
24 Unrestricted 4735. 5025.W 25 Temporarily restrictedToco 26 Permanently restricted
C Foundations that do not follow SFAS 117, check here ►LL and complete lines 27 through 31.
y 27 Capital stock, trust principal, or current funds
28 Paid-in or capital surplus, or land, bldg., and equipment fund
a 29 Retained earnings, accumulated income, endowment, or other funds ,
°'Z 30 Total net assets or fund balances 4 7 3 5 . 5 0 2 5 .
Pai-t-Ill Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30
(must agree with end-of-year figure reported on prior year's return) 1 47352 Enter amount from Part I, line 27a 2 13499
3 Other increases not included in line 2 (itemize) ► 3 04 Add lines 1, 2, and 3 4 18234.5 Decreases not included to line 2 (itemize) ► DONOR BASIS GAIN OVER BOOK GAIN 5 13209.6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 6 5025
Form 990-PF (2007)72351102-20-08
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Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page 3Part IV Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,2-story brick warehouse, or common stock, 200 shs. MLC Co.)
(b How acquiredD - PurchaseD - Donation
(c) Date acquired(mo., day, yr.)
(d) Date sold(mo., day, yr.)
la 5000S FIDELITY BELL MICRO D Various Variousb
c
d
e
(e) Gross sales price (f) Depreciation allowed(or allowable)
(g) Cost or other basisplus expense of sale
(h) Gain or (loss)(e) plus (f) minus (g)
a 30282. 17500. 12782.b
c
d
eComplete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col. (h) gain minus
(i) F-M.V. as of 12/31/69(I) Adjusted basisas of 12/31/69
(k) Excess of col. (i)over col. (f), if any
col. (k), but not less than -0-) orLosses (from col. (h))
a 12782.b
c
d
e
2 Capital ain net income or net ca ital lossIf gain, also enter in Part I, line 7 1
line 7 1g ( p ) If (loss) enter -0- in Part 1 2 12782 .
3
,,
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):If gain, also enter in Part I, line 8, column (c)If (loss), enter -0- in Part I, line 8 3 N /A
I Fart v uuaiuTlcatlon under section 4V4U(e) Tor Heaucea If ax on Net Investment incomei[-.... ^.,...^I ..on h., dmm^chr nrnntn fn nrhhnnc c„hiart in the c4Minn 444n(A) t;w nn nPt Investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Q Yes ® No
If 'Yes; the foundation does not qualify under section 4940( e). Do not complete this part.1 Enter the appropriate amount in each column for each year: see instructions before making any entries.
Base pr iod
yearsCalendar ear or tax ear be innin in Adjusted qualifyingIusted qualifYig distributions
(c)Net value of nonchantable use assetsDistnbutdion ratio
(cot. (b) divided by col. (c))
2006 53538. 2961. 18.0810542005 0. 3893. .0000002004 40055. 20343. 1.9689822003 25841. 56888. .4542432002
2 Total of line 1, column (d) 2 20.5042793 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years
the foundation has been in existence if less than 5 years 3 5.126070
4 Enter the net value of noncharitable-use assets for 2007 from Part X, line 5 4 2 9 8 0 .
5 Multiply line 4 by line 3 5 15276.
6 Enter 1% of net investment income (1% of Part I, line 27b) 6 122.
7 Add lines 5 and 6 7 15398.
8 Enter qualifying distributions from Part XII, line 4 8 48343.
It line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate.See the Part VI instructions.
723521/02 -2 0-08 Form 990-PF (2007)3 1
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Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page 4Part V1 Excise Tax Based on Investment Income (Section 4940(a). 4940(b). 4940(e). or 4948 - see instructions)
to Exempt operating foundations described in section 4940(d)(2), check here ► L-1 and enter 'N/A" on line 1.Da(e of ruling letter: ( attach copy of ruling letter if necessary- see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check here ►® and enter 1% 1 122.of Part I, line 27b
c All other domestic foundations enter 2% of line 27b Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0.
3 Add lines 1 and 2 3 122.
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0.
5 Tax based on investment income . Subtract line 4 from line 3. If zero or less, enter -0- 5 122.6 Credits/Payments:
a 2007 estimated tax payments and 2006 overpayment credited to 2007 6a 240.
b Exempt foreign organizations - tax withheld at source 6b
c Tax paid with application for extension of time to file (Form 8868) 6c -
d Backup withholding erroneously withheld 6d
7 Total credits and payments. Add lines 6a through 6d 7 240.8 Enter any penalty for underpayment of estimated tax. Check here E] if Form 2220 is attached 8
9 Tax due . If the total of lines 5 and 8 is more than line 7, enter amount owed ► 910 Overpayment If line 7 is more than the total of lines 5 and 8, enter the amount overpaid ► 10 118.11 Enter the amount of line 10 to be: Credited to 2008 estimated tax Poo, 118 Refunded Pp^ 11 0.Part VII-A Statements Regarding Activities
la During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in Yes No
any political campaign? la X
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)? lb X
If the answer is 'Yes' to 1a or lb, attach a detailed description of the activities and copies of any materials published or
distributed by the foundation in connection with the activities
c Did the foundation file Form 1120-POL for this year9 1c X
d Enter the amount (if any) of tax on poldical expenditures (section 4955) imposed during the year:
(1) On the foundation. ► $ 0 . (2) On foundation managers. lop. $ 0.P Fnter the reimbursement (if anvl nail by the foundation durmo the year for nolitical expenditure tax imposed on foundation
managers. ► $ 0.2 Has the foundation engaged in any activities that have not previously been reported to the IRS?
-
2
-
X
If "Yes, " attach a detailed description of the activities
3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or
bylaws, or other similar instruments2 If "Yes," attach a conformed copy of the changes 3 X
4a Did the foundation have unrelated business gross income of $1,000 or more during the year? 4a X
b If "Yes; has it filed a tax return on Form 990 -T for this year? N/A
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year?
If "Yes," attach the statement required by General Instruction T.
6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
• By language in the governing instrument, or
• By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law
remain in the governing instrument?
7 Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part ll, col (c), and Part XV
Ba Enter the states to which the foundation reports or with which it is registered (see instructions) ► _
b If the answer is 'Yes' to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General ( or designate)
of each state as required by General Instruction G9 If 'No,' attach explanation
9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(t)(3) or 4942( j)(5) for calendar
year 2007 or the taxable year beginning in 2007 (see instructions for Part XIV)? If 'Yes,' complete Part XIV -
0 Did any persons become substantial contributors durmo the tax vear2 „ - vat1 h a i, t,,,n I,,.,. ,,,me. , ...«o. S tin
Form 990-PF (2007)
72353102-20-08
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Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page5Part VU-A Statements Regarding Activities (continued)
11a At any time during the year , did the foundation, directly or indirectly , own a controlled entity within the meaning of section 512 (b)(13)7
if '`fes; attach schedule. ( see instructions) 11a Xb If 'Yes, did the foundation have a binding written contract in effect on August 17 , 2006, covering the interest , rents, royalties, and
annuities described in the attachment for line 1 la' N/A 11b
12 Did the foundation acquire a direct or indirect interest in any applicable insurance contract? 12 X
13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? 13 XWebsile address ► NA
14 The books are in care of ► PATRICIA RORKE-HILL Telephone 612 - 823-5087Located at ► 4 4 3 7 DUPONT AVE SO , MINNEAPOLIS, MN ZIP+4 ►5 5 419
15 Section 4947 ( a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here ►0and enter the amount of tax-exem p t interest received or accrued durin g the year 10-1 15 N /A
Part VII-B Statements Regarding Activities for Which Form 4720 May Be RequiredFile Form 4720 if any item is checked in the "Yes" column , unless an exception applies.
la During the year did the foundation ( either directly or indirectly):
(1) Engage in the sale or exchange , or leasing of property with a disqualified person? Yes ® No
(2) Borrow money from, lend money to, or otherwise extend credit to ( or accept it from)
a disqualified person? E:]Yes ® No
(3) Furnish goods , services, or facilities to (or accept them from ) a disqualified person? Yes ® No(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ® Yes E:l No(5) Transfer any income or assets to a disqualified person ( or make any of either available
for the benefit or use of a disqualified person )? Yes ® No(6) Agree to pay money or property to a government official? ( Exception . Check 'No*
if the foundation agreed to make a grant to or to employ the official for a period after
termination of government service, if terminating within 90 days.) 0 Yes ® Nob It any answer is *Yes' to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)- 3 or in a current notice regarding disaster assistance ( see page 22 of the instructions)?
Organizations relying on a current notice regarding disaster assistance check here ►c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts , that were not corrected
hnfn,n fhn f , rof .fo,. .,f tho f. -', h ................. )nn7o
2 Taxes on failure to distribute income ( section 4942 ) ( does not apply for years the foundation was a private operating foundation
defined in section 4942 ( j)(3) or 4942 (1)(5)):
a At the end of tax year 2007, did the foundation have any undistributed income (lines 6d and 6e, Part XIII ) for tax year(s) beginning
before 2007' E::]Yes ® No
If 'Yes,' list the years Jo-
b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942 (a)(2) (relating to incorrect
valuation of assets ) to the year ' s undistributed income? (If applying section 4942 ( a)(2) to all years listed , answer 'No' and attachstatement - see instructions.) N/A
c If the provisions of section 4942 (a)(2) are being applied to any of the years listed in 2a, list the years here.
3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any timeduring the year? 0 Yes ®No
b If 'Yes, did it have excess business holdings in 2007 as a result of (1) any purchase by the foundation or disqualified persons afterMay 26 , 1969; (2 ) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943 ( c)(7)) to disposeof holdings acquired by gift or bequest-, or (3) the lapse of the 10 -, 15-, or 20-year first phase holding period? (Use Schedule C,Form 4720, to determine if the foundation had excess business holdings in 2007.) - N/A
4a Did the foundation invest during the year any amount in a manner that would jeopard iz e its charitable purposes?
b Did the foundation make any investment in a prior year ( but after December 31, 1969 ) that could jeopardize its charitable purpose thathad not been removed from ieopardv before the first day of the tax year beainnino in 2007'
Yes
3b
4a X
4b X
Form 990-PF (2007)
72354102-20-07
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I Part VII-B I Statements Regarding Activities for Which Form 4720 May Be Required (continued)5a During the year did the foundation pay or incur any amount to:
(1) Carry ort propaganda, or otherwise attempt to influence legislation ( section 4945(e))? 0 Yes ® No
(2)' Influence the outcome of any specific public election ( see section 4955); or to carry on , directly or indirectly,
any voter registration drive? 0 Yes ® No
(3) Provide a grant to an individual for travel , study, or other similar purposes '? E:1 Yes ® No
(4) Provide a grant to an organization other than a charitable , etc., organization described in section
509(a )( 1), (2), or (3), or section 4940(d)(2)? 0 Yes ® No
(5) Provide for any purpose other than religious , charitable, scientific , literary , or educational purposes, or for
the prevention of cruelty to children or ammals7 = Yes ® No
b If any answer is 'Yes' to 5a ( 1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations
section 53 . 4945 or in a current notice regarding disaster assistance (see instructions )' _ N/A 5b
Organizations relying on a current notice regarding disaster assistance check here ►c If the answer is 'Yes' to question 5a(4), does the foundation claim exemption from the tax because it maintained
expenditure responsibility for the grant? N/A 0 Yes 0 NoIf "Yes,' attach the statement required by Regulations section 53 4945-5(d)
6a Did the foundation , during the year , receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? _ Yes ® No
b Did the foundation , during the year, pay premiums , directly or indirectly, on a personal benefit contracts 6b XIf you answered " Yes" to 6b , also file Form 8870
7a At any time during the tax year , was the foundation a party to a prohibited tax shelter transaction? Yes ® No
b If yes , did the foundation receive any p roceeds or have an y net income attributable to the transaction? N/A 7b
Part VIII Information About Officers, Directors, Trustees , Foundation Managers, HighlyPaid Employees, and Contractors1 List all officers, directors, trustees, foundation managers and their comoensation.
Name and address(a)
(b) Title, and averagehours per week devoted
to p osition
(c) Compensation(If not aid,enterp0
(d)Contnbubonstobendd pla ns
compnerssaaaon
(e)ExExpenseaccountallowances
PATRICIA M RORKE -HILL EXECUTIVE DIRECTOR4437 DUPONT AVE SO.MINNEAPOLIS , MN 55409 2 . 00 0. 0. 0.PATRT(` TA A- RfRKF. TRF.('T(1R
4801 IRVING AVE SO.MINNEAPOLIS MN 55409 0.00 0. 0. 0.PAMELA MOELLER DIRECTOR4825 IRVING AVENUE SO.MINNEAPOLIS , MN 55409 0.00 0. 0. 0.
1 c:ompensatron of tive highest-nard emolovees (other than those included on line 11- If none- enter "NONE."
(a) Name and address of each employee paid more than $50,000(b) Title and averagehours per week
devoted to position(c) Compensation
(d) Contribuhonstoern oyes benefit plans
compensation
(e)Expenseaccount, otherallowances
NONE
Total number of other employees paid over $50,000 ► 1 0Form 990-PF (2007)
72355102-20-08
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Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page 7
Part VIIIInformation About Officers, Directors, Trustees, Foundation Managers, HighlyPaid Employees , and Contractors (continued)
3 Five highest-paid independent contractors for professional services. If none, enter "NONE."
(a) Name and address of each person paid more than $50 ,000 (b) Type of service (c) Compensation
NONE
Total number of others receivinover $50 ,000 for p rofessional services ► 0Part IX-A Summary of Direct Charitable Activities
List the foundation ' s four largest direct charitable activities during the tax year . Include relevant statistical information such as thenumber of organizations and other beneficiaries served , conferences convened , research papers produced, etc. Expenses
iAN EMPLOYEE OF THE FOUNDATION IS PAID TO PERFORM SERVICESAT NON-PROFIT ORGANIZATIONS , AVERAGING 110 to 120 HOURSPER MONTH . A LISTING OF THE ORGANIZATIONS follows: 48343.
2LISTING OF ORGANIZATIONS ALL 501C3:Movement of Spiritual Inner Awareness . Los An eles CA.Insight Seminars.org Santa Monica CA.
3IIWP.or .Institute for Individual and World Peace.
4
Part IX-13 Summary of Program-Related InvestmentsDescribe the two largest program - related investments made by the foundation during the tax year on lines 1 and 2 . Amount
t N /A
2
All other program-related investments. See instructions.
3
Total . Add lines 1 through 3 ► 0.
Form 990-PF (2007)
72356102-20-08
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Form990-PF(2007) The Rorke Family Foundation 20-0472523 Page8
PartX Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions)
1 Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes:
a Average monthly fair market value of securities
b Average of monthly cash balances
c Fair market value of all other assets
d Total (add lines la, b, and c)
e Reduction claimed for blockage or other factors reported on lines la and
1c (attach detailed explanation) I le
2 Acquisition indebtedness applicable to line 1 assets
3 Subtract line 2 from tine ld _
4 Cash deemed held for charitable activities. Enter 1 112% of line 3 (for greater amount, see instructions)
025.
5 Net value of noncharitable-use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 5 2 9 8 0 .6 Minimum investment return . Enter 5% of line 5 6 149.
Part XIDistributable Amount (see instructions) (Section 4942(1)(3) and (I)(5) private operating foundations and certainforeign organizations check here ► and do not complete this part.)
1 Minimum investment return from Part X, line 6 1 149.2a Tax on investment income for 2007 from Part VI, line 5 2a 122.
b Income tax for 2007. (This does not include the tax from Part VI.) 2b
c Add lines 2a and 2b 2c 122 .
3 Distributable amount before adjustments. Subtract line 2c from line 1 3 27 .
4 Recoveries of amounts treated as qualifying distributions 4 0 .
5 Add lines 3 and 4 5 27 .
6 Deduction from distributable amount (see instructions) 6 0 .
7 Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 7 27 ,
Part X11 Qualifying Distributions (see instructions)
1 Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a Expenses, contributions, gifts, etc. - total from Part I, column (d), line 266 Prnnrom_rohtnri ,n ,netmonte . Ini,I rrnm Dorf IY_R
2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes 2
3 Amounts set aside for specific charitable protects that satisfy the:
a Suitability test (prior IRS approval required)
b Cash distribution test (attach the required schedule)
4 Qualifying distributions . Add lines la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 4 48343.
5 Foundations that quality under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b 5 122.
6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 48221.
Note : The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section
4940(e) reduction of tax in those years
Form 990-PF (2007)
0.
72357102-20-08
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Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page 9
Part XIII Undistributed Income (see instructions)
(a) (b) (c) (d)Corpus Years prior to 2006 2006 2007
1 Distributable amount for 2007 from Part XI,
line 7 27.2 Undistributed income if any as of the end of 2006
a Enter amount for 2006 only 0.b Total for prior years:
0.3 Excess distributions carryover, if any, to 2007:
a From 2002
b From 2003 ;= -
c From 2004
d From 2005
eFrom2006 53778.f Total of lines 3a through a 53778.
4 Qualifying distributions for 2007 from
Part xl 1, line 4: ► $ 4 8 3 4 3 .a Applied to 2006, but not more than tine 2a 0.
b Applied to undistributed income of prior
years (Election required - see instructions) 0.
c Treated as distributions out of corpus - " ,
(Election required - see instructions) 0.
d Applied to 2007 distributable amount 27.e Remaining amount distributed out of corpus 48316. -
5 Excess distributions carryover applied to 2007 0. 0.(If an amount appears in column ( d). the same amount
must be shown in column (a)) •. - _ - _
6 Enter the net total of each column as:n A:nefeA Aelnw• - - -
a Corpus Add lines 3f 4c, and 4e Subtract line 5 102094 . - - - -b Prior years' undistributed income. Subtract
line 4b from line 2b 0.
c Enter the amount of prior years'undistributed income for which a notice of -deficiency has been issued, or on whichthe section 4942(a) tax has been previouslyassessed 0
d Subtract line 6c from line 6b. Taxable -
amount - see instructions 0 . - -
e Undistributed income for 2006. Subtract fine "
4a from line 2a. Taxable amount - see instr. 0
f Undistributed income for 2007. Subtract
lines 4d and 5 from line 1. This amount must -
be distributed in 2008 07 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) 0 . "
8 Excess distributions carryover from 2002
not applied on line 5 or line 7 0 ,
9 Excess distributions carryover to 2008 -
Subtract lines 7 and 8 from line 6a 102094. - - V -10 Analysis of line 9:
a Excess from 2003 - V V
b Excess from 2004 -
c Excess from 2005
d Excess from 2006 53778.e Excess from 2007 48316. 1 - - - '
Form 990-PF (2007)72358102-20-08
91 An'Ai 1 1 n 'Al nQQz 71 ,)4 nn ^nn7 nr. ncn mh u^v-1r= Fami ix, >+,,,,n.l$-i r%,n 7 1 77Q n1
-
Form990-PF 2007 The Rorke Family Foundation 20-0472523 Page 10
Part XIV Private Operating Foundations (see instructions and Part VII-A, question 9) N/A
1 a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2007, enter the date of the ruling
b Check box to indicate whether the foundation is a p rivate o eratm foundation described
2 a Enter the lesser of the adjusted net Tax year
income from Part I or the minimum (a) 2007 (b) 2006
investment return from Part X for
each year listed
b 85% of line 2a
c Qualifying distributions from Part XII,
line 4 for each year listed
d Amounts included in line 2c not
used directly for active conduct of
exempt activities
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c3 Complete 3a, b, or c for the
alternative test relied upon:a 'Assets' alternative test - enter:
(1) Value of all assets
(2) Value of assets qualifyingunder section 4942(I)(3)(B)(i)
b 'Endowment' alternative test - enter2/3 of minimum investment returnshown in Part X, line 6 for each yearlisted
c 'Supportalternative test - enter:
(1) Total support other than grossinvestment income (interest,dividends, rents, payments onsecurities loans (sectionr,,)[ovs)^ --_1+-N
(2) Support from general publicand 5 or more exemptorgan izations as provided insection 4942( 1)(3)(B)(m)
( 3) Largest amount of support from
an exempt organization
► 1on El 4942 (t)(3) or
Prior 3 years
(c) 2005 ( d) 2004 Tota
Part XV " Supplementary Information (Complete this part only if the foundation had $5,000 or more in assetsat any time during the year-see the instructions.)
I Information Regarding Foundation Managers:
a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any taxyear (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership orother entity) of which the foundation has a 10% or greater interest.
2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here ►® if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Ifthe foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d.
a The name, address, and telephone number of the person to whom applications should be addressed:
b The form in which applications should be submitted and information and materials they should include:
c Any submission deadlines:
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:
723601/02-20-08 Form 990-PF (2007)1 0
1 Anhl l i n Z1 nPQ h 7179q, nn )nn7 ncncn Tlhc Rnrjrn 7 ni 1 r t:n„nAatinn 71'7)Q n1
-
Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page 11Part XV Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Pa ent
Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or
Name and address ( home or business ) any foundation manager status of contributionAmount
or substantial contributor recipient
a Paid dung the year
People Incorporated, 317York Ave., St. Paul, MN55101 one 501C(3) ENERAL FUND 1000.
Total ► 3a 1000.b Approved for future payment
None
Total ► 3b 1 0.723611 /02-20-08 Form 990-PF (2007)
11
1 Rn ri 1 1 n 'Al npQ-i 71 77Q nn 'nn7 AZncn The Rnrlrc F=mi 1sr 1:'n^inriati nn 71 77Q n1
-
Form 990-PF (2007) The Rorke Family Foundation 20-047252 3 Page 12
Part XVI-A Analysis of Income- Producing Activities
Enter gross amounts unless otherwise indicated . Unrelated business income Excluded by Section 512 , 513 , « 514 (e)
(a) (b)Business
Eic^u- (d) Related or exempt
1 Program service revenue:Amountcode Sion Amountcode function income
ab
c
d
e
Ifg Fees and contracts from government agencies
2 Membership dues and assessments
3 Interest on savings and temporary cash
investments 14 28.4 Dividends and interest from securities
5 Net rental income or (loss ) from real estate: -
a Debt-financed property
b Not debt - financed property
6 Net rental income or (loss ) from personal
property
7 Other investment income
8 Gain or ( loss) from sales of assets other
than inventory 18 12782.9 Net income or (loss) from special events
10 Gross profit or (loss ) from sales of inventory
11 Other revenue:
a
b
d
e
12 Subtotal . Add columns (b), (d), and (e) 0.-1 12810. 0.13 Total. Add line 12, columns ( b), (d), and (e) 13 12810.
(See worksheet in line 13 instructions to verify calculations.)
Part.XV1 -B Relationship of Activities to the Accomplishment of Exempt Purposes
121 Anz111 n 31 nAQ-A 71,7,)q nn ")nn7 ngncn THc Rnrlrc Tpami l., F'n^,nAa^i nn 7177Q n1
02-20oe Form 990-PF (2007)
-
Form 990-PF (2007) The Rorke Family Foundation 20-0472523 Page 13Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations
1 Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of Yes No
the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations
a Transfers from the reporting foundation to a nonchantable exempt organization of:
(1) Cash _ 1a 1 X(2) Other assets la ( 2 ) X
b Other transactions:
(1) Sales of assets to a noncharitable exempt organization lb ( l ) X(2) Purchases of assets from a nonchantabte exempt organization lb ( 2 ) X
(3) Rental of facilities, equipment, or other assets lb ( 3 ) X(4) Reimbursement arrangements lb ( 4 )(5) Loans or loan guarantees lb ( 5 ) X(6) Performance of services or membership or fundraising solicitations lb ( 6 ) X
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees Ic Xd If the answer to any of the above is *Yes, complete the following schedule. Column (b) should always show the fair market value of the goods, ot
or services given by the reporting foundation. If the foundation received less than fair market value in any transaction or sharing arrangement, shcolumn (d) the value of the goods, other assets, or services received.
her assets,
ow in
(a)Line no (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transf e r s, transactions, and sharing arrangements
N/A
(a) Name of organization (b) Type of organization (c) Description of relationship
N/A
Under penalties of perjury , I declare that I have examined this return including accompanying schedules and statements , and to the best of my knowledge and belief, it is true, correct,and complete Declaration of preparer (other th taxpayer or fiduciary i b all mformatior ^' •°`•^` ------- `^^ ^-••'•--•••'-^-- -=
' Sign ture of officer or tr tee Da
Preparerssignature •
W-OM a0 rttmsname (or yours CARL ON ADVISORS LLCa dsett-employed) '7101 NORTHLAND CIRCLE SU
address and ZIP code MINNEAPOLIS MN 5 5 4 2 8
72362202-20-08
1 sinzi 1 1 n ' 1 nPoz 71 ,)4 nn )nn,7 ncncn
2a Is the foundation directly or indirectly affiliated with , or related to , one or more tax-exempt organizations described
in section 501(c) of the Code ( other than section 501(c)(3 )) or in section 527 0 Yes X Nob If 'Yes' complete the fnllowlna schedrde
-
Schedule B Schedule of ContributorsOMB No 1545-0047
(Form 990, 990-EZ,or 990-PF) Supplementary Information for 2007Department of the Trdasury line 1 of Form 990, 990-EZ, and 990-PF (see instructions)Internal Revenue Service
Name of organization Employer identification number
The Rorke Family Foundation 20-0472523Organization type (check one).
Filers of. Section:
Form 990 or 990-EZ = 501 (c)( ) (enter number) organization
Q 4947(a)(1) nonexempt charitable trust not treated as a private foundation
Q 527 political organization
Form 990-PF ® 501 (c)(3) exempt private foundation
0 4947(a)(1) nonexempt charitable trust treated as a private foundation
501 (c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule. (Note : Only a section 501(c)(7), (8), or (10) organization can check boxes
for both the General Rule and a Special Rule-see instructions)
General Rule-
® For organizations filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or property) from any one....ntnh,,tnr (emmnlatn Partc 1 an`i 111
Special Rules-
Q For a section 501(c)(3) organization filing Form 990, or Form 990-EZ, that met the 33 1/3% support test of the regulations under
sections 509(a)(1)/170(b)(1)(A)(vi), and received from any one contributor, during the year , a contribution of the greater of $5,000 or 2%
of the amount on line 1 of these forms. (Complete Parts I and II.)
Q Fora section 501(c)(7), (8), or (10) organization filing Form 990 , or Form 990- EZ, that received from any one contributor , during the year,
aggregate contributions or bequests of more than $1,000 for use exclusively for religious , charitable , scientific , literary, or educational
purposes , or the prevention of cruelty to children or animals (Complete Parts I, II, and III )
Q For a section 501(c)( 7), (8), or ( 10) organization filing Form 990 , or Form 990- EZ, that received from any one contributor, during the year,
some contributions for use exclusively for religious , charitable , etc., purposes , but these contributions did not aggregate to more than
$1,000 (If this box is checked , enter here the total contributions that were received during the year for an exclusively religious,
charitable , etc., purpose Do not complete any of the Parts unless the General Rule applies to this organization because it received
nonexclusively religious, charitable, etc., contributions of $5,000 or more during the year) ► $
Caution : Organizations that are not covered by the General Rule and/or the Special Rules do not file Schedule B (Form 990, 990-EZ, or 990-PF), but
they must check the box in the heading of their Form 990, Form 990-EZ, or on line 2 of their Form 990-PF, to certify that they do not meet the filing
requirements of Schedule B (Form 990, 990-EZ, or 990-PF)
LHA For Paperwork Reduction Act Notice , see the Instructions Schedule B ( Form 990, 990-EZ , or 990-PF) (2007)for Form 990, Form 990- EZ, and Form 990-PF.
723451 12-27-07
141 Anil 1 1 n 'i1 nAQZ 71 7')Q nn )nn7 ntncn mho r% -b Farm 1 1s F'nitnrl=i inn 71 77Q n1
-
Schedule 8 (Form 990, 990-EZ, or
Name of organization
Page 1 of j of Part I
Employer identification number
Part I Contributors (See Specific Instructions)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
1 HERBERT F AND PATRICIA A RORKE Person
4801 IRVING AVE SO $ 30710.Payroll 0
Noncash Ell
MINNEAPOLIS, MN 5 5 4 0 9(Complete Part II if thereis a noncash contribution )
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
2 HERBERT F AND PATRICIA A RORKE Person Ell
4801 IRVING AVE SO $ 22500.Payroll
Noncash 0
MINNEAPOLIS, MN 5 5 4 0 9(Complete Part II if thereis a noncash contribution
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
Person 0
$
Payroll Q
Noncash Q
((mmnIeta Part II if there
is a noncash contribution.)
(a)
No.
(b)
Name, address , and ZIP + 4
(c)
Ag egate contributions
(d)
Type of contribution
Person
$
Payroll F-]Noncash E]
(Complete Part II if there
is a noncash contribution)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
Person LI
$
Payroll 0
Noncash Q
(Complete Part II If there
is a noncash contribution I
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
Person 0
$
Payroll 0
Noncash 0
(Complete Part II If there
is a noncash contribution
723452 12-27-07 Schedule 0 (Form 990, 990 - EZ, or 990 -Pi') (2001)
151 Anzi 1 i n Z1 nAQ "2 71,7,)q nn ")n n7 n A n 9 n Th., Anrlrc F'ami 1x, Fn»ni-la$- i nn 71 77Q n1
-
Schedule B (Form 990, 990-EZ, or 990-PF) (2007) Page 1 of 1 of Part it
Name of organization Employer identification number
Part 11' Noncash Property (See Specific instructions)
(a)No.
from
Part I
(b)Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)Date received
Bell Micro Products Stock, 5,0001 Shares FMV
$ 30710. Various
(a)No.
from
Part I
(b)Description of noncash property given
(c)FMV (or estimate)
(see instructions)
(d)Date received
(a)No.
from
Pa
(b)Description of noncash property given
(c)FMV (or estimate)
(see instructions)
(d)Date received
(a)No.
from
Part
(b)Description of noncash property given
(c)FMV (or estimate)
(see instructions)
(d)Date received
(a)No.
from
Part )
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)Date received
(a)No.
from
Part )
(b)Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)Date received
rt I
723453 12-27-07 Schedule B (Form 990, 990 -EZ, or 990-PF ) (2007)
161 Anzl 1 1 n Z1 nRQ 't 71 77Q nn ")nn7 nAncn The P r%-P-Irm Fami 1-%, Fn»nrlat- i nn 71 7' Q n1
-
2007 DEPRECIATION AND AMORTIZATION REPORT
Form 990-PF Page 1
NoA t DescriptionDate
Acquired Method Life Noy Cc
1 COMPUTER 04 15 04 SL 5.00 16* Total 990-PF Pg 1epr
990-PF
iadjustedAt Or Basis
Bus %Excl
Reduction InBasis
Basis ForDepreciation
AccumulatedDepreciation
CurrentSec 179
Current YearDeduction
1230. 1230. 800. 246.
1230. 0. 1230. 800. 0. 246.
72810204-27-07 (D) • Asset disc Dsed • ITC, Section 179, Salvage, Bonus, Commercial Revitalization Deduction, GO Zone
17
-
The Rorke Family Foundation 20-0472523
Form 990-PF. Interest on Savings and Temporary Cash Investments Statement 1
Source
FIDELITY MONEY MARKET
Total to Form 990-PF, Part I, line 3, Column A
Amount
28.
28.
Form 990-PF Accounting Fees Statement 2
Description
(a) (b) (c) (d)Expenses Net Invest- Adjusted CharitablePer Books ment Income Net Income Purposes
ACCOUNTING 2685. 600. 0.
To Form 990-PF, Pg 1, In 16b 2685. 600. 0.
I Form 990-PF Other Professional Fees Statement 3
Description
PAYCHEX
To Form 990-PF, Pg 1, In 16c
1233. 0.
1233. 0.
1233.
1233.
Form 990-PF Taxes Statement 4
Description
(a) (b) (c) (d)oc2 uAr- Tn r t- - A[lii ist_ed Charitable
Per Books ment Income Net Income Purposes
(a) (b) (c) (d)Expenses Net Invest- Adjusted CharitablePer Books ment Income Net Income Purposes
PAYROLL TAX 3150. 0. 3150.FEDERAL TAX 244. 0. 0.
To Form 990-PF, Pg 1, In 18 3394. 0. 3150.
18 Statement(s) 1, 2, 3, 4i anzi 1 i n ii nAQ 'i 717)Q nn )nn7 nAngn T}hc Rnr^rc F'ami i, Fn^^nrinti nn 71 77Q ni
-
The Rorke Family Foundation 20-0472523
Form 990-PF. Other Expenses Statement 5
(a) (b) (c) (d)Expenses Net Invest- Adjusted Charitable
Description Per Books ment Income Net Income Purposes
FEES 128. 0. 0.
To Form 990-PF, Pg 1, In 23 128. 0. 0.
Form 990-PF Depreciation of Assets Not Held for Investment Statement 6
Description
COMPUTER
Total To Fm 990-PF, Part II, In 14
Cost or AccumulatedOther Basis Depreciation
1230. 1046.
1230. 1046.
184.
184.
Form 990-PF List of Substantial Contributors Statement 7Part VII-A, Line 10
Name of Contributor Address
HERBERT F AND PATRICIA A RORKE 4801 IRVING AVE SO, MINNEAPOLIS, MN 55409
Book Value
19 Statement(s) 5, 6, 71 gn t1 1 1 n Z1 npq A 71 77Q nn inn? nAncn Mho= P,- rc Fami 1 r Fniinriaf i nn 71 7')Q n1
04713e8a.tif04713e8b.tif04713e8c.tif04713e8d.tif04713e8e.tif04713e8f.tif04713e90.tif04713e91.tif04713e92.tif04713e93.tif04713e94.tif04713e95.tif04713e96.tif04713e97.tif04713e98.tif04713e99.tif04713e9a.tif04713e9b.tif04713e9c.tif