JANET Q LAWSON FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JANET Q LAWSON FOUNDATION (EIN 87-0481508)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-11
- IRS object ID
- 202432859349100408
- 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 Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases 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 | 2024-10-11T08:45:05-07:00 | 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 | 870481508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Janet Q Lawson Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JANE | 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 | $67,596,611 | 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 | $1,191,884 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,191,884 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,350,278 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,866,636 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,350,278 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $976,865 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $919,190 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,519,027 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,461,352 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $55,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $52,250 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $2,750 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $102,074 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $96,970 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,104 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,259 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $25,896 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,363 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $255,165 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $242,407 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $12,758 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $0 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $93,675 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,675 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $160 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $160 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $294,286 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $279,571 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,715 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $827,619 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $704,769 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,850 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,672,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,672,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,500,419 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $704,769 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,709,650 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $18,608 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,756,583 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,508,749 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,434,388 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,434,388 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $21,588,851 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,238,950 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,039,621 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,076,732 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,836,257 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,979,612 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $26,556,603 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $30,996,042 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $34,142,990 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $56,730,935 | TotalAssetsBOYAmt |
| Total Assets EOY | $59,505,637 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $67,596,611 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $27,000 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $27,259 | 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 | $27,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,259 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $56,703,935 | CapitalStockBOYAmt |
| Capital Stock EOY | $59,478,378 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $56,703,935 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $59,478,378 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $56,730,935 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $59,505,637 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $56,703,935 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $18,608 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,755,835 | OtherIncreasesAmt |
| Subtotal | $59,478,378 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $59,478,378 | 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 | $9,125,774 | $0 | $9,078,305 | $47,469 | $0 | $0 | $0 | $47,469 |
| Long Term Capital Gains/Losses | P | 2022-12-30 | 2023-12-31 | $11,740,515 | $0 | $10,438,053 | $1,302,462 | $0 | $0 | $0 | $1,302,462 |
| Long Term Total Capital Gain Distributions | P | 2022-12-30 | 2023-12-31 | $347 | $0 | $0 | $347 | $0 | $0 | $0 | $347 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,350,278 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $47,469 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $38,317 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $38,317 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $38,317 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $51,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $9,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $60,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$60,000 | OriginalReturnOverpaymentAmt |
| Overpayment | $21,683 | OverpaymentAmt |
| Applied To ES Tax | $21,683 | AppliedToESTaxAmt |
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 |
| Individual With Books | Charles H Livsey | IndividualWithBooksNm |
| Phone | 8015321500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 S State St Suite 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 |
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 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Peter Q Lawson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Ellen E Rossi | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Dr Erik C Erlingsson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Herbert C Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 2.50 | $5,000 | $0 | $0 |
| Charles H Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Clark P Giles | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Stewart Q Lawson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Tatiana E Lawson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Advisor | 0.50 | $5,000 | $0 | $0 |
| Mathieu C Shrontz | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Advisor | 0.50 | $5,000 | $0 | $0 |
| Jason Tholen | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Advisor | 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 |
|---|---|---|---|---|---|
| UBS | |||||
| 370 17th St Suite 1400 | Denver | CO | 80202 | Investment Management | $255,165 |
| Ray Quinney & Nebeker PC | |||||
| 36 S State Street Suite 1500 | Salt Lake City | UT | 84111 | Legal Services | $102,074 |
| 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 | $65,022,324 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $65,022,324 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $65,022,324 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $975,335 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $64,046,989 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,202,349 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,202,349 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $38,317 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $38,317 | TotalTaxAmt |
| Distributable Before Adj | $3,164,032 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,164,032 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,164,032 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,709,650 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,709,650 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,164,032 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $50,290 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $50,290 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,709,650 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,709,650 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $50,290 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $50,290 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $404,092 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | 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 (57 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Utah State University | ||||||
| Old Main Hill | Logan | UT | 84322 | Public Charity | General Financial Support | $1,202,000 |
| University of Utah | ||||||
| 332 S 1400 E | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $410,000 |
| Black Mesa Trust | ||||||
| PO Box 33 | Kykotsmovi Village | AZ | 86039 | Public Charity | General Financial Support | $20,000 |
| The Trustees of Reservations | ||||||
| 200 High St | Boston | MA | 02110 | Public Charity | General Financial Support | $10,000 |
| Alf Engen Ski Museum | ||||||
| 3419 Olympic Pkwy | Park City | UT | 84098 | Public Charity | General Financial Support | $10,000 |
| Moab Music Festival | ||||||
| 58 E 300 S | Moab | UT | 84532 | Public Charity | General Financial Support | $10,000 |
| Ride With Respect | ||||||
| 1310 Murphy Lane | Moab | UT | 84532 | Public Charity | General Financial Support | $5,000 |
| Youth Garden Project | ||||||
| 530 S 400 E | Moab | UT | 84532 | Public Charity | General Financial Support | $15,000 |
| Jordan Valley Conservation Gardens | ||||||
| 8275 S 1300 W | West Jordan | UT | 84088 | Public Charity | General Financial Support | $1,000 |
| Girl Scouts of Utah | ||||||
| 445 E 4500 S Ste 125 | Salt Lake City | UT | 84107 | Public Charity | General Financial Support | $50,000 |
| Utah Food Bank | ||||||
| 3150 S 900 W | Salt Lake City | UT | 84119 | Public Charity | General Financial Support | $15,000 |
| Intermountain Foundation at Primary Children's Hospital | ||||||
| 100 N Mario Capecchi Dr 3575 | Salt Lake City | UT | 84113 | Public Charity | General Financial Support | $10,000 |
| Ballet West | ||||||
| 50 W 200 S | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $45,000 |
| Guadalupe School | ||||||
| 1385 N 1200 W | Salt Lake City | UT | 84116 | Public Charity | General Financial Support | $20,000 |
| Utah's Hogle Zoo | ||||||
| 2600 E Sunnyside Ave | Salt Lake City | UT | 84108 | Public Charity | General Financial Support | $40,000 |
| Neighborhood House | ||||||
| 1050 W 500 S | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $35,000 |
| Nature Conservancy in Utah | ||||||
| 559 E South Temple | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $85,000 |
| Tracy Aviary | ||||||
| 589 E 1300 S | Salt Lake City | UT | 84105 | Public Charity | General Financial Support | $70,000 |
| Utah Symphony Utah Opera | ||||||
| 123 W South Temple | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $60,000 |
| Planned Parenthood Association | ||||||
| 654 S 900 E | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $15,000 |
| Bountiful Community Food Pantry | ||||||
| 480 E 150 N | Bountiful | UT | 84010 | Public Charity | General Financial Support | $5,000 |
| The Children's Center | ||||||
| 350 S 400 E | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $5,000 |
| The McGillis School | ||||||
| 668 S 1300 E | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $20,000 |
| Wasatch Community Gardens | ||||||
| 629 E 800 S | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $7,000 |
| YMCA of Northern Utah | ||||||
| 675 E 2100 S Ste 200 | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $10,000 |
| The Jared Prescott Charitable Trust | ||||||
| 820 Sunrise Cir | Centerville | UT | 840142576 | Public Charity | General Financial Support | $5,000 |
| Winsor School | ||||||
| 103 Pilgrim Rd | Boston | MA | 02215 | Public Charity | General Financial Support | $5,000 |
| Hopi Tutskwa Permaculture Institute | ||||||
| PO Box 967 | Kykotsmovi | AZ | 86039 | Public Charity | General Financial Support | $5,000 |
| Moab Public Radio | ||||||
| 1734 Rocky Rd | Moab | UT | 84532 | Public Charity | General Financial Support | $5,000 |
| Moab Free Health Clinic | ||||||
| 380 N 500 W | Moab | UT | 84532 | Public Charity | General Financial Support | $10,000 |
| Artes de Mexico en Utah | ||||||
| 1578 W 1700 S Ste 100 | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $1,000 |
| Community Foundation of Utah | ||||||
| 2257 S 1100 E Ste 205 | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $500 |
| The Madeline Choir School | ||||||
| 205 E 1st Ave | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $10,000 |
| Punahou School | ||||||
| 1601 Punahou St | Honolulu | HI | 96822 | Public Charity | General Financial Support | $5,000 |
| PTA Utah Congress dba South Davis Junior High | ||||||
| 5192 S Greenpine Dr | Salt Lake City | UT | 84123 | Public Charity | General Financial Support | $10,000 |
| Boston Book Festival | ||||||
| 720 Massachusetts Ave Ste 8 | Cambridge | MA | 02139 | Public Charity | General Financial Support | $9,000 |
| Harvard Medical School | ||||||
| 3 Blackfan Cir | Boston | MA | 02115 | Public Charity | General Financial Support | $5,000 |
| National Ability Center | ||||||
| 1385 Lowell Ave | Park City | UT | 84060 | Public Charity | General Financial Support | $5,000 |
| Canyon Country Discovery Center | ||||||
| 1117 N Main St | Monticello | UT | 84535 | Public Charity | General Financial Support | $70,000 |
| Davis Education Foundation | ||||||
| 45 E State St | Farmington | UT | 84025 | Public Charity | General Financial Support | $7,300 |
| Harlem Grown | ||||||
| 118 W 134th St | New York | NY | 10030 | Public Charity | General Financial Support | $2,500 |
| Salt Lake Tribune | ||||||
| 90 S 400 W Ste 700 | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $200,000 |
| KRCL-FM Listeners Community Radio of Utah | ||||||
| 535 W 300 N Ste A | Salt Lake City | UT | 84116 | Public Charity | General Financial Support | $50,000 |
| Bridgerland Technical College Foundation | ||||||
| 1301 N 600 W | Logan | UT | 84321 | Public Charity | General Financial Support | $10,000 |
| The John D Eccles and Vera E Eccles Family Foundation | ||||||
| PO Box 516 | Bountiful | UT | 840110516 | Public Charity | General Financial Support | $10,000 |
| Ducks Unlimited | ||||||
| 2550 S Decker Lake Blvd Ste 22 | Salt Lake City | UT | 84119 | Public Charity | General Financial Support | $5,000 |
| Rape Recovery Center | ||||||
| 2035 S 1300 E | Salt Lake City | UT | 84105 | Public Charity | General Financial Support | $5,000 |
| Rocky Mountain Elk Foundation | ||||||
| 5705 Grant Creek Rd | Missoula | MT | 59808 | Public Charity | General Financial Support | $5,000 |
| Shriner's Hospital for Children | ||||||
| 1275 E Fairfax Rd | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $5,000 |
| Utah Rivers Council | ||||||
| PO Box 900457 | Sandy | UT | 84090 | Public Charity | General Financial Support | $10,000 |
| Fountain Valley School | ||||||
| 6155 Fountain Valley School Rd | Colorado Springs | CO | 80911 | Public Charity | General Financial Support | $5,000 |
| Camp Nor'wester | ||||||
| 305 5th Ave S | Edmunds | WA | 98020 | Public Charity | General Financial Support | $5,000 |
| New Horizons Crisis Center | ||||||
| 145 E 100 N | Richfield | UT | 84701 | Public Charity | General Financial Support | $10,000 |
| Dexter Southfield | ||||||
| 20 Newton St | Brookline | MA | 02445 | Public Charity | General Financial Support | $5,000 |
| American Foundation for Suicide Prevention | ||||||
| 1920 Dresden Dr Ste 191591 | Atlanta | GA | 31119 | Public Charity | General Financial Support | $10,000 |
| Association of Community Employment Programs for the Homeless (ACE) | ||||||
| 30-30 Northern Blvd Ste B100 | Long Island | NY | 11101 | Public Charity | General Financial Support | $5,000 |
| The INN Between | ||||||
| 1216 E 1300 S | Salt Lake City | UT | 84105 | Public Charity | General Financial Support | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,672,800 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Utah State University | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 Old Main Hill | AddressLine1Txt |
| City | Logan | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 843225200 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | Public Charity | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General Financial Support | GrantOrContributionPurposeTxt |
| Amt | $4,200,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,200,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,191,884 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,350,278 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Other Income From K-1s/Investments | $851,500 |
| 1099-Misc (UBS 3155) | $125,193 |
| 1099-Misc (UBS 3161) | $172 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,519,027 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,519,027 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | Dividend and interest income may be used to fund grants. |
| 8 | A portion of Capital Gains/Losses may be used to fund grants. |
| 11 | Other Income may be used to 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 | $27,259 | Amt |
| Net Investment Income | $25,896 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,363 | 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 | $9,125,774 | $9,078,305 | $47,469 |
| Long Term Sales of Publicly Traded Securities | 2022-12 | Purchased | 2023-12 | $11,740,862 | $10,438,053 | $1,302,809 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS | BondNm |
| EOY Book Value | $6,836,257 | EOYBookValueAmt |
| EOYFMV | $6,979,612 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS | StockNm |
| EOY Book Value | $19,238,950 | EOYBookValueAmt |
| EOYFMV | $24,039,621 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (26 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AB RE II | $74,939 | $74,939 |
| AB Priv Credit | $1,766,642 | $1,512,362 |
| AB EOF | $1,306,165 | $1,306,165 |
| AB EOF AIV II | $647,980 | $647,908 |
| Cynosure Avalon BuildGroup | $53,252 | $61,297 |
| Cynosure Investment Partners | $980,844 | $1,437,909 |
| Cynosure Fernweh LLC | $345,852 | $510,810 |
| Alkeon Innovation Offshore (UBS) | $399,478 | $411,864 |
| AlphaKeys Millenium Fund (UBS) | $1,588,744 | $1,585,304 |
| Blackstone Private Credit (UBS) | $3,459,129 | $3,397,461 |
| Blackstone REIT (UBS) | $2,279,747 | $2,819,884 |
| Clover PCO II (UBS) | $2,193,682 | $2,201,553 |
| FS Credit REIT (UBS) | $2,767,271 | $2,767,271 |
| G Squared Opportunities Fund VI (UBS) | $1,871,481 | $1,900,000 |
| NightDragon Growth I (UBS) | $572,363 | $663,289 |
| Rialto Debt Domestic Inv (UBS) | $347,378 | $311,651 |
| Rialto Property Domestic Inv (UBS) | $393,902 | $446,941 |
| Signal Peak Ventures III | $1,111,264 | $3,045,800 |
| KKR North America Fund XIII Private Inv (UBS) | $1,186,294 | $1,330,886 |
| Signal Peak Ventures IV | $914,170 | $1,090,545 |
| iCap Infrastructure Investments Fund (UBS) | $2,701,393 | $2,590,567 |
| PAPEF 2022 (UBS) | $1,082,644 | $1,057,261 |
| N Flagler Dr (Savanna Intercoastal) (UBS) | $451,428 | $471,323 |
| Gotham Greens | $500,000 | $500,000 |
| Slate | $1,250,000 | $1,250,000 |
| Reflexion | $750,000 | $750,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Ray Quinney & Nebeker PC Legal | CategoryTxt |
| Legal Fees | $102,074 | LegalFeesAmt |
| Net Investment Income | $96,970 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,104 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Non-Deductible Expenses | Desc |
| Amt | $0 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Expenses from K-1s | $292,316 | $277,700 | $14,616 |
| Insurance | $1,970 | $1,871 | $99 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| From K-1s/Other Investments | $851,500 | $793,825 |
| From 1099-Misc | $125,365 | $125,365 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Prior Period Adjustments and Temporary K-1/Capital Differences | $2,745,613 |
| Tax-Exempt Income | $10,222 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | UBS Investment Mngt. Fees | CategoryTxt |
| Amt | $255,165 | Amt |
| Net Investment Income | $242,407 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,758 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Income Tax Paid | $86,000 | $0 | $0 |
| Foreign Taxes Paid | $7,675 | $7,675 | $0 |
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