2024-04-16T12:01:57-05:00 2023-12-31 990 2023-01-01 736174958 ELSIE V CANN TRUST CANN 8888663275 PO BOX 653067 DALLAS TX 752653067 BANK OF AMERICA N A MANAGING DIR 8888663275 2024-04-16 true 2023 2023-04-26 12:10:37Z BANK OF AMERICA NA 110 N WACKER DR FL 7 CHICAGO IL 60606 232501 false X NONE X 1976 OK MAINTAIN PUBLIC GARDENS FOR THE CITY OF PONCA CITY, OKLAHOMA 1 0 0 0 0 0 0 -25166 32925 0 -25166 32925 25000 25000 0 17403 16998 0 0 2713 2716 45116 44714 -70282 -11789 1160072 1147899 0 0 1160072 1147899 MAINTAIN PUBLIC GARDENS FOR THE CITY OF PONCA CITY, OKLAHOMA false false 32299 25000 DISTRIBUTED FUNDS TO THE CITY OF PONCA CITY TO BE USED EXCLUSIVELY FOR THE MAINTENANCE OF THE LESTER AND MARY CANN GARDENS. 32299 false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true false false false false true true true true true false false false X BANK OF AMERICA NA 8888663275 PO BOX 653067 DALLAS TX 752653067 X BANK OF AMERICA NA TRUSTEE 1.0 X 16998 0 0 16998 0 0 false false false 31148 31148 201353 199576 1777 1777 1777 32925 32925 25000 25000 16998 6799 10199 1250 500 750 ALLOCABLE EXPENSES - CTF 604 604 FOREIGN TAXES 862 862 44714 32299 12415 0 94318 118020 1065754 1029879 1160072 1147899 0 0 X 1160072 1147899 1160072 1147899 1160072 1147899 X -11789 -384 X false false false true CITY OF PONCA CITY OKLAHOMA PO BOX 1450 PONCA CITY OK 746021450 790053791 509(a)(1) 25000 TO MAINTAIN PUBLIC GARDENS FOR THE CITY OF PONCA CITY, OKLAHOMA 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 PER INSTITUTIONAL TRUSTEE POLICY, THIS IS MONITORED BY THE TRUST OFFICER. Part VII, Section A, Line (1) (B) / Part IV Average hours per week - The compensation shown on the return that paid to Bank of America, N.A. as corporate trustee is not calculated based upon an hourly rate for time spent by the trustee; rather, Bank of America's compensation as corporate trustee is calculated using a market value fee schedule. The trust officer's time spent performing administrative responsibilities for this foundation averages one hour per week. In addition, time is spent by other Part VII, Section A, Line (1) (B) (continued) - staff members for recordkeeping, investment management, income collection, rendering statements and accountings, regulatory reporting, regulatory compliance, and tax services. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a WHEN DECISIONS ARE MADE THEY ARE DOCUMENTED IN THE PERMANENT RECORD. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b THERE ARE NO COMMITTEES FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE ORGANIZATION IS FORMED AS A TRUST UNDER STATE LAW, AND BANK OFAMERICA IS THE INSTITUTIONAL TRUSTEE OF THE TRUST. THE FORM 990 IS PREPARED BY BANK OF AMERICA TAX PROFESSIONALS UNDER SUPERVISION OF ACORPORATE OFFICER. THUS, THE FORM 990 IS REVIEWED PRIOR TO FILING BY AN OFFICER OF THE BANK, WHICH IS THE SOLE TRUSTEE OF THIS TRUST. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c ANNUAL STATEMENT BY ALL INSTITUTIONAL TRUSTEE EMPLOYEES ARE SIGNED AND DOCUMENTED. FORM 990, PAGE 6, PART VI, LINE 15a NOT APPLICABLE - TRUST HAS CORPORATE TRUSTEE FORM 990, PAGE 6, PART VI, LINE 18 UPON REQUEST - SEE CONTACT INFORMATION FOR ORGANIZATION RECORDS AND BOOKS BELOW FORM 990, PAGE 6, PART VI, LINE 19 THE TRUST, AND THE BANK AS INSTITUTIONAL TRUSTEE, MAKES ITS GOVERNANCE DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS REQUIRED BY FEDERAL AND STATE LAWS. EXPLANATION FOR FORM 990, PART XI, LINE 9 NET INCOME ADJUSTMENT 34; CTF TIMING ADJUSTMENT (421); NET ROUNDING 3; TOTAL = (384)