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ACKERMAN FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ACKERMAN FOUNDATION INC (EIN 58-2284728)
Tax period
2021-12-01 to 2022-11-30
Filed
2023-03-14
IRS object ID
202340739349100424
Schema version
2021v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-14T17:39:36-05:00ReturnTs
Tax Period End2022-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18181 E TUFTS AVE SUITE 600AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80237ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582284728EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACKERMAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACKEBusinessNameControlTxt
Phone3037409400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18181 E TUFTS AVE SUITE 600AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80237ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL ACKERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3037409400PhoneNum
Signature2023-03-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastACKERMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHANNON TRACYPreparerPersonNm
PTINP01685406PTIN
Phone3037409400PhoneNum
Preparation2023-03-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,899,925FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$947,786ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$366InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$366InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$274,903DividendsRevAndExpnssAmt
Dividends Net Invst Incm$274,903DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$24,082NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$67,027GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$24,082CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$25,166OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,272,303TotalRevAndExpnssAmt
Total Net Invst Incm$299,351TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$136LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$136LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,550AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,275AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,275AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$19,177OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$19,177OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$3,750TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$5,301OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$5,301OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$32,914TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$26,889TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,275TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$265,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$265,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$297,914TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$26,889TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$267,275TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$974,389ExcessRevenueOverExpensesAmt
Net Investment Income$272,462NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$67,012CashBOYAmt
Cash EOY$160,365CashEOYAmt
Cash EOYFMV$160,365CashEOYFMVAmt
Corporate Stock BOY$6,383,180CorporateStockBOYAmt
Corporate Stock EOY$7,264,216CorporateStockEOYAmt
Corporate Stock EOYFMV$8,739,560CorporateStockEOYFMVAmt
Total Assets BOY$6,450,192TotalAssetsBOYAmt
Total Assets EOY$7,424,581TotalAssetsEOYAmt
Total Assets EOYFMV$8,899,925TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$36,454CapitalStockBOYAmt
Capital Stock EOY$36,454CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$6,413,738RetainedEarningBOYAmt
Retained Earning EOY$7,388,127RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,450,192TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,424,581TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,450,192TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,424,581TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,450,192TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$974,389ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$7,424,581SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$7,424,581TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmt
PUBLICLY TRADED SECURITIESP-$2,035-$2,035
PUBLICLY TRADED SECURITIESP-$40,910-$40,910
CAPITAL GAINS DIVIDENDSP$67,027$67,027$67,027
FieldValueIRS element (for citing)
Capital Gain Net Income$24,082CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,787InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,787SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$3,787TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,846EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$3,846TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$59OverpaymentAmt
Applied To ES Tax$59AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHANDELLE VENTURESIndividualWithBooksNm
Phone3037409400PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line18181 E TUFTS AVE SUITE 600AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80237ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL A ACKERMAN
8181 E TUFTS AVE SUITE 600DENVERCO80237PRESIDENT & DIRECTOR1.00$0$0$0
STEVEN J ACKERMAN
8181 E TUFTS AVE SUITE 600DENVERCO80237DIRECTOR0.00$0$0$0
CHERILYN LAWRENCE
8181 E TUFTS AVE SUITE 600DENVERCO80237DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$8,569,417AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$225,441AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,794,858TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$8,794,858AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$131,923CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,662,935NetVlNoncharitableAssetsAmt
Minimum Investment Return$433,147MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$433,147MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,787TaxBasedOnInvestmentIncomeAmt
Total Tax$3,787TotalTaxAmt
Distributable Before Adj$429,360DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$429,360DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$429,360DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$267,275ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$267,275QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$429,360DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$159,784ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$129,502ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$138,472ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$55,611ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$483,369TotalExcessDistributionCyovAmt
Qualifying Distributions$267,275QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$267,275AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$162,085ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$162,085ExcessDistributionCyovAppCYAmt
Total Corpus$321,284TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$321,284ExcessDistriCyovToNextYrAmt
Excess From Year4$127,201ExcessFromYear4Amt
Excess From Year3$138,472ExcessFromYear3Amt
Excess From Year2$55,611ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHAEL ACKERMANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line18181 E TUFTS AVE SUITE 600AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80237ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3037409400RecipientPhoneNum
Form And Info And MaterialsA PROPOSAL WHICH, IN THE OPINION OF THE SELECTION COMMITTEE, WILL PRODUCE AN IMPROVEMENT IN THE QUALITY OF AN EDUCATIONAL CIRRICULUM OR SYSTEM WITHIN THE U.S. SCHOOL SYSTEM (GRADES K-12) AND WHICH WILL PRODUCE A SIGNIFICANT POSITIVE CHANGE IN THE QUALITY OF EDUCATION FOR GRADES K-12.FormAndInfoAndMaterialsTxt
Submission DeadlinesAPPLICATIONS MUST BE SUBMITTED BY JULY 1ST EACH YEAR.SubmissionDeadlinesTxt
Restrictions On AwardsSEE ITEM 2(B) ABOVE.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ACE SCHOLARSHIPS
5251 DTC PARKWAY SUITE 1150GREENWOOD VILLAGECO80111NONETO FURTHER EXEMPT PURPOSE$10,000
ARRUPE JESUIT HIGH SCHOOL
4343 UTICA STREETDENVERCO80212NONETO FURTHER EXEMPT PURPOSE$10,000
BOYS AND GIRLS CLUB OF METRO DENVER
2017 W 9TH AVENUEDENVERCO80204NONETO FURTHER EXEMPT PURPOSE$25,000
DOCTORS WITHOUT BORDERS
PO BOX 5030HAGERSTONMD21741NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
FLORENCE CRITTENTON SERVICES
96 S ZUNI STREETDENVERCO80223NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$15,000
HEARTSPRING DEVELOPMENT DEPARTMENT
8700 E 29TH ST NWICHITAKS67226NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$25,000
NAVY SEAL FOUNDATION
1619 D STREETVIRGINIA BEACHVA23459NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$30,000
ONE ACRE FUND
81 PROSPECT STBROOKLYNNY11201NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$25,000
OPERATION HOMEFRONT
3726 EAST PIKES PEAK AVECOLORADO SPRINGSCO80909NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$25,000
SEMPER FI FUNDS
825 COLLEGE BLVD SUITE 102OCEANSIDECA92057NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$25,000
WEST POINT ASSOCIATION OF GRADUATES
698 MILLS ROADWEST POINTNY10096NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$20,000
WEST POINT CENTER FOR ORAL HISTORY
698 MILLS ROADWEST POINTNY10096NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
HOPE FOR YOUTH
201 DIXON AVENUEAMIYVILLENY11701NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
LONG ISLAND CARES
10 DAVIDS DRIVEHAUPPAUGENY11788NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$265,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$366ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$274,903ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$24,082ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescUnrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt
OTHER INCOME$166
REIMBURSED EXPENSES$25,000

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$25,166UnrelatedBusinessTaxblIncmAmt
Exclusion$299,351ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$324,517TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (5 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
DON AND JEAN ACKERMAN CHARITABLE TRUST
18181 E TUFTS AVE SUITE 600DENVERCO80237$346,557Yes (X)
DON E ACKERMAN CHARITABLE ANNUITY TRUST
28181 E TUFTS AVE SUITE 600DENVERCO80237$480,000Yes (X)
DECANTED CLAUSE 17 ACKERMAN TRUST FBO CHERILYN K LAWRENCE
3C/O JPM TRUST COMPANY 10 S DEARBORNCHICAGOIL60603$41,909Yes (X)
DECANTED CLAUSE 17 ACKERMAN TRUST FBO MICHAEL A ACKERMAN
4C/O JPM TRUST COMPANY 10 S DEARBORNCHICAGOIL60603$41,834Yes (X)
DECANTED CLAUSE 17 ACKERMAN TRUST FBO STEVEN J ACKERMAN
5C/O JPM TRUST COMPANY 10 S DEARBORNCHICAGOIL60603$37,486Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX RETURN PREPARATIONCategoryTxt
Amt$4,550Amt
Net Investment Income$2,275NetInvestmentIncomeAmt
Disbursements Charitable Prps$2,275DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-PF, PART XVFormAndLineReferenceDesc
Medium ExplanationFOUNDATION OPERATING GUIDELINES1. GRANTS WILL BE MADE TO APPLICANTS SUBMITTING PROPOSALS FOR IMPROVING THE QUALITY OF THE EDUCATIONAL SYSTEM FOR KINDERGARTEN THROUGH TWELFTH GRADE WITHIN THE U.S. 2. ANY INDIVIDUAL, ORGANIZATION OR INSTITUTION, DOMESTIC OR FOREIGN, MAY SUBMIT AN APPLICATION FOR A GRANT TO THE SELECTION COMMITTEE.3. THE CRITERIA TO BE USED BY THE SELECTION COMMITTEE IN AWARDING A GRANT SHALL BE (A) A PROPOSAL WHICH IN THE OPINION OF THE SELECTION COMMITTEE WILL PRODUCE AN IMPROVEMENT IN THE QUALITY OF AN EDUCATIONAL CURRICULUM OR SYSTEM WITHIN THE U.S. SCHOOL SYSTEM (GRADES K-12) NATIONWIDE, OR WITHIN ANY SCHOOL DISTRICT WITHIN THE U.S., AND (B) THE PROPOSAL IN THE OPINION OF THE SELECTION COMMITTEE SHALL BE DEEMED TO BE ABLE TO PRODUCE A SIGNIFICANT POSITIVE CHANGE IN THE QUALITY OF EDUCATION FOR GRADES K-12.4. GRANTS WILL BE AWARDED AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH TERMS AND CONDITIONS AS THE SELECTION COMMITTEE BY UNANIMOUS VOTE SHALL FROM TIME TO TIME DETERMINE.5. THE SELECTION COMMITTEE SHALL BE COMPOSED OF THE 3 DIRECTORS OF THE FOUNDATION WHO SHALL CONSULT WITH EDUCATORS PRIOR TO MAKING AN DETERMINATION.6. THE SELECTION COMMITTEE MAY RECAPTURE FUNDS DISTRIBUTED TO ANY GRANT RECIPIENT WHICH ARE FOUND BY THE COMMITTEE TO HAVE BEEN EXPENDED BY A GRANT RECIPIENT FOR PURPOSES OTHER THAN THE WORK FOR WHICH THE GRANT WAS MADE.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSECURITIESStockNm
EOY Book Value$7,264,216EOYBookValueAmt
EOYFMV$8,739,560EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$136LegalFeesAmt
Net Investment Income$136NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING AND REGISTRATION FEES$301$301$0
MANAGEMENT FEES$5,000$5,000$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME$166$166
REIMBURSED EXPENSES$25,000$25,000

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$19,177Amt
Net Investment Income$19,177NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$3,750Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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