SJ AND JESSIE E QUINNEY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SJ AND JESSIE E QUINNEY FOUNDATION (EIN 87-0389312)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-11
- IRS object ID
- 202402859349100110
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-11T08:50:00-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 371658522 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUESCH AND COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 S 200 E SUITE 150 | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870389312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SJ and Jessie E Quinney Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SJAN | BusinessNameControlTxt |
| Phone | 8015321500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 45385 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841450385 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Charles H Livsey | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 8015321500 | PhoneNum |
| Signature | 2024-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Chortney B Ruesch CPA | PreparerPersonNm |
| PTIN | P01070225 | PTIN |
| Phone | 8018729798 | PhoneNum |
| Preparation | 2024-10-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $86,203,520 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $653,491 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $653,491 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,412,507 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $23,069,169 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,412,507 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $951,987 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $946,996 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,017,985 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,012,994 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $55,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $49,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $5,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $128,977 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $122,528 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,449 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,267 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $26,854 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,413 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $292,771 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $278,132 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $14,639 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $42,119 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,119 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $232,804 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $221,165 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $11,639 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $779,938 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $706,298 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $39,640 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,234,122 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,234,122 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,014,060 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $706,298 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,273,762 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$996,075 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,306,696 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,834,178 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,776,626 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,784,496 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl BOY | $382,898 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $382,898 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $382,898 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $30,026,342 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,497,623 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,606,162 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,431,275 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,023,099 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,014,163 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $26,917,846 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $34,962,149 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $39,415,801 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $63,592,539 | TotalAssetsBOYAmt |
| Total Assets EOY | $66,642,395 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $86,203,520 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $130,070 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,000 | AccountsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $130,070 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $63,462,469 | CapitalStockBOYAmt |
| Capital Stock EOY | $66,640,395 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $63,462,469 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $66,640,395 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $63,592,539 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $66,642,395 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $63,462,469 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$996,075 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,174,001 | OtherIncreasesAmt |
| Subtotal | $66,640,395 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $66,640,395 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Short Term Capital Gains/Losses | P | 2023-06-30 | 2023-12-31 | $8,451,591 | $0 | $8,415,658 | $35,933 | $0 | $0 | $0 | $35,933 |
| Long Term Capital Gains/Losses | P | 2022-12-30 | 2023-12-31 | $14,617,123 | $0 | $13,241,004 | $1,376,119 | $0 | $0 | $0 | $1,376,119 |
| Long Term Total Capital Gain Distributions | P | 2022-12-30 | 2023-12-31 | $455 | $0 | $0 | $455 | $0 | $0 | $0 | $455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,412,507 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $35,933 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $32,063 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $32,063 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $32,063 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $88,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $103,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$103,000 | OriginalReturnOverpaymentAmt |
| Overpayment | $70,937 | OverpaymentAmt |
| Applied To ES Tax | $40,000 | AppliedToESTaxAmt |
| Refund | $30,937 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | UT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charles H Livsey | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8015321500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 S State St Ste 1400 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841111417 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Frederick Q Lawson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $5,000 | $0 | $0 |
| David E Quinney Jr | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 1.50 | $5,000 | $0 | $0 |
| Peter Q Lawson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $5,000 | $0 | $0 |
| Ellen E Rossi | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $5,000 | $0 | $0 |
| David E Quinney III | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $5,000 | $0 | $0 |
| Clark P Giles | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 1.50 | $5,000 | $0 | $0 |
| Herbert C Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 2.50 | $5,000 | $0 | $0 |
| Charles H Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 2.50 | $5,000 | $0 | $0 |
| Ira B Rubinfeld | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.00 | $5,000 | $0 | $0 |
| Gary Longmore | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.00 | $5,000 | $0 | $0 |
| Jason Tholen | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 0.50 | $5,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ray Quinney & Nebeker PC | |||||
| PO Box 45385 | Salt Lake City | UT | 84145 | Legal, Tax and Accounting | $128,977 |
| UBS | |||||
| 370 17th Street Suite 4100 | Denver | CO | 80202 | Investment Management Services | $292,771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $80,857,518 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $80,857,518 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $80,857,518 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,212,863 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $79,644,655 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,982,233 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,982,233 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $32,063 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $32,063 | TotalTaxAmt |
| Distributable Before Adj | $3,950,170 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,950,170 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,950,170 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,273,762 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,273,762 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,950,170 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $879,818 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $879,818 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,273,762 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,273,762 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $676,408 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $676,408 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $203,410 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $203,410 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $203,410 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Ballet West | ||||||
| 50 W 200 S | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $20,000 |
| Guadalupe Schools | ||||||
| 340 S Goshen St | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $21,000 |
| Moab Music Festival | ||||||
| 58 E 300 S | Moab | UT | 84532 | Public Charity | General Financial Support | $25,000 |
| Neighborhood House | ||||||
| 1050 W 500 S | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $16,000 |
| The Nature Conservancy of Utah | ||||||
| 559 E South Temple | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $6,000 |
| The Nature Conservancy in Idaho | ||||||
| 950 W Bannock St Ste 210 | Boise | ID | 83702 | Public Charity | General Financial Support | $6,000 |
| University of Utah - University Development Office | ||||||
| 304 Park Building | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $379,000 |
| Utah State University - Quinney College of Natural Resources | ||||||
| 1400 Old Main Hill | Logan | UT | 843221400 | Public Charity | General Financial Support | $510,000 |
| Utah State University - LWA Institute | ||||||
| 1400 Old Main Hill | Logan | UT | 843221400 | Public Charity | General Financial Support | $402,000 |
| Utah State University Development Office | ||||||
| 1400 Old Main Hill | Logan | UT | 843221400 | Public Charity | General Financial Support | $25,000 |
| Utah Symphony and Opera | ||||||
| 123 W South Temple | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $20,000 |
| University of Utah SJ Quinney College of Law | ||||||
| 332 S 1400 E | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $1,545,622 |
| Alf Engen Ski Museum Foundation | ||||||
| 3419 Olympic Pkwy | Park City | UT | 84098 | Public Charity | General Financial Support | $5,000 |
| The Henry's Fork Foundation | ||||||
| 801 Main St | Ashton | ID | 83420 | Public Charity | General Financial Support | $6,000 |
| Planned Parenthood Association of Utah | ||||||
| 654 S 900 E | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $18,000 |
| We Are Limitless | ||||||
| 10153 1/2 Riverside Dr 752 | Toluca Lake | CA | 91602 | Public Charity | General Financial Support | $15,000 |
| Harvard Law School Fund | ||||||
| PO Box 412840 | Boston | MA | 022312840 | Public Charity | General Financial Support | $1,000 |
| Harvard University College Fund | ||||||
| Massachusetts Hall | Cambridge | MA | 02138 | Public Charity | General Financial Support | $1,000 |
| Utah Food Bank | ||||||
| 3150 S 900 W | Salt Lake City | UT | 84119 | Public Charity | General Financial Support | $1,000 |
| Utah Film Center | ||||||
| 50 W Broadway Ste 1125 | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $7,000 |
| Naraya Cultural Preservation Foundation | ||||||
| PO Box 1006 | Fort Hall | ID | 83203 | Public Charity | General Financial Support | $5,000 |
| Second Chance Wildlife Rehab | ||||||
| 1910 W 2000 N | Carbonville | UT | 84526 | Public Charity | General Financial Support | $10,000 |
| Utah Community Foundation | ||||||
| 2257 S 1100 E Ste 205 | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $500 |
| Junior Achievement of Utah | ||||||
| 515 S 700 E Ste 1F | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $10,000 |
| David Ross Fetzer Foundation for Emerging Artists | ||||||
| 1169 S Yale Ave | Salt Lake City | UT | 84105 | Public Charity | General Financial Support | $2,500 |
| Utah Open Lands | ||||||
| 1488 S Main St | Salt Lake City | UT | 84115 | Public Charity | General Financial Support | $2,500 |
| Salt Lake Acting Company | ||||||
| 168 W 500 N | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $12,500 |
| Visual Art Institute | ||||||
| 2901 S Highland Dr | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $20,000 |
| Open Doors | ||||||
| 1360 E 1450 S | Clearfield | UT | 84015 | Public Charity | General Financial Support | $10,000 |
| Best Friends Animal Society | ||||||
| 5001 Angel Canyon Rd | Kanab | UT | 847415000 | Public Charity | General Financial Support | $5,000 |
| Days for Girls Davis Utah Chapter | ||||||
| PO Box 2622 | Mount Vernon | WA | 98273 | Public Charity | General Financial Support | $5,000 |
| The Jared Prescott Charitable Trust | ||||||
| 820 Sunrise Cir | Centerville | UT | 840142576 | Public Charity | General Financial Support | $5,000 |
| Other Side Academy | ||||||
| 667 E 100 S | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $5,000 |
| Ladies of Charity Center of Hope | ||||||
| 74 S Orchard Dr | North Salt Lake | UT | 84054 | Public Charity | General Financial Support | $10,000 |
| Utah Pride Center | ||||||
| 380 S Main St | Salt Lake City | UT | 84115 | Public Charity | General Financial Support | $7,000 |
| Moab Valley Multicultural Center | ||||||
| 156 N 100 W | Moab | UT | 84532 | Public Charity | General Financial Support | $10,000 |
| Sundance Institute | ||||||
| 1825 Three Kings Dr | Park City | UT | 84060 | Public Charity | General Financial Support | $15,000 |
| KBYU FM | ||||||
| BYU Broadcasting | Provo | UT | 84602 | Public Charity | General Financial Support | $2,000 |
| Utah Blues Society | ||||||
| 1125 W 3300 S | Ogden | UT | 84401 | Public Charity | General Financial Support | $2,500 |
| Worldwide Addiction Recovery Ltd | ||||||
| 4555 Henry Hudson Parkway 510 | New York | NY | 104713838 | Public Charity | General Financial Support | $5,000 |
| Westminster College | ||||||
| 1840 S 1300 E | Salt Lake City | UT | 84105 | Public Charity | General Financial Support | $2,000 |
| Bridgerland Technical College Foundation Inc | ||||||
| 1301 N 600 W | Logan | UT | 84321 | Public Charity | General Financial Support | $10,000 |
| Glen Canyon Institute | ||||||
| 3090 E 3300 S Ste 400 | Salt Lake City | UT | 84109 | Public Charity | General Financial Support | $10,000 |
| Utah Rivers Council | ||||||
| 1270 E 8600 S | Sandy | UT | 84094 | Public Charity | General Financial Support | $5,000 |
| Utah Land Use Institute | ||||||
| 136 E South Temple Ste 2400 | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $10,000 |
| New York University School of Law | ||||||
| 245 Sullivan St | New York | NY | 10012 | Public Charity | General Financial Support | $2,000 |
| The Salt Lake Tribune | ||||||
| 90 S 400 W Ste 700 | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $5,000 |
| Utah Clean Energy | ||||||
| 1014 E 2nd Ave | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $6,000 |
| Fight the New Drug | ||||||
| PO Box 522378 | Salt Lake City | UT | 84152 | Public Charity | General Financial Support | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,234,122 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Utah State University | ||||||
| 1400 Old Main Hill | Logan | UT | 84322 | Public Charity | General Financial Support | $6,975,059 |
| University of Utah | ||||||
| 304 Park Building | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $7,225,059 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $653,491 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,412,507 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| From Schedule K-1s/Pass-through Entities | $479,735 |
| 1099-Misc Other Income (UBS 3220) | $472,058 |
| 1099-Misc Other Income (UBS 3254) | $194 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,017,985 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,017,985 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (5 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | Dividend and Interest Income is used to help fund grants. |
| 8 | A Portion of Net Capital Gains/Losses may be used to help fund grants. |
| 2 | Interest Income is used to fund grants. |
| 7 | Other Income is used to fund grants. |
| 11 | Other income/revenue is used to help fund grants. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Ruesch and Company LLC Accounting and Tax | CategoryTxt |
| Amt | $28,267 | Amt |
| Net Investment Income | $26,854 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,413 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| Short Term Sales of Publicly Traded Securities | 2023-06 | Purchased | 2023-12 | $8,451,591 | $8,415,658 | $35,933 |
| Lontg Term Sales of Publicly Traded Securities | 2022-12 | Purchased | 2023-12 | $14,617,578 | $13,241,004 | $1,376,574 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UV Partners IV LP | $476,788 | $498,932 |
| AB EOF AIV II | $512,985 | $512,985 |
| AB Private Credit Mid-Market | $581,303 | $324,410 |
| AB RE HNW II | $299,855 | $299,855 |
| Clover PCO II LP (Offshore)(UBS) | $2,193,682 | $2,201,553 |
| NightDragon Growth I LP (UBS) | $572,362 | $663,289 |
| Portf Adv Private Equity Fund 2019 (Offshore) LP (UBS) | $2,030,375 | $2,034,763 |
| Starwood Real Estate Income Trust Adv Cl 1 (UBS) | $3,881,130 | $4,249,261 |
| Signal Peak Ventures III LP | $2,222,532 | $6,091,601 |
| Alkeon Innovation Offshore Fund II (UBS) | $599,217 | $617,796 |
| AlphaKeys Millenium Fund (UBS) | $1,985,930 | $1,981,630 |
| Blackstone Private Credit (UBS) | $4,295,263 | $4,220,011 |
| FS Credit REIT (UBS) | $2,081,597 | $2,060,429 |
| G Squared Opp VI (UBS) | $2,148,046 | $2,179,330 |
| KKR North American Fund XIII Private (UBS) | $1,271,027 | $1,425,941 |
| Signal Peak Ventures IV | $1,828,341 | $2,181,088 |
| iCap Infrastructure Investments Fund (UBS) | $3,241,672 | $3,108,680 |
| PAPEF 2022 (UBS) | $1,062,902 | $1,057,263 |
| N Flagler Drive (US) LLC (Savanna Intercoastal Inv Funds) (UBS) | $677,142 | $706,984 |
| Slate | $1,250,000 | $1,250,000 |
| Reflexion | $1,000,000 | $1,000,000 |
| Gotham Greens | $750,000 | $750,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Ray Quinney & Nebeker PC Legal and Trust Administration | CategoryTxt |
| Legal Fees | $128,977 | LegalFeesAmt |
| Net Investment Income | $122,528 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,449 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Insurance | $2,085 | $1,981 | $104 |
| Expenses from K-1s | $229,244 | $217,782 | $11,462 |
| Domain/Website registration | $511 | $486 | $25 |
| Reimbursed Expenses | $964 | $916 | $48 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Other Income from K-1s/Other Investments | $479,735 | $474,744 |
| 1099-Misc | $472,252 | $472,252 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Capital/Cost Adjustments & Timing Differences | $4,164,027 |
| Tax Exempt Income | $9,974 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | UBS Investment Management Fees | CategoryTxt |
| Amt | $292,771 | Amt |
| Net Investment Income | $278,132 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,639 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Tax Paid | $8,119 | $8,119 | $0 |
| Income Tax | $34,000 | $0 | $0 |
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