FREDERICK Q LAWSON FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FREDERICK Q LAWSON FOUNDATION (EIN 87-0481510)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202313139349101821
- Schema version
- 2022v5.0
- 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 | 2023-11-09T11:12:23-08:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870481510 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Frederick Q Lawson Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRED | 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 | Frederick Q Lawson | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 8015321500 | PhoneNum |
| Signature | 2023-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Frederick | PersonFirstNm |
| Person Last | Lawson | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | 2023-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,072,613 | 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 | $315,913 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $315,913 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $63,099 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,103,638 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $63,099 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $440,241 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $440,241 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $819,253 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $819,253 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $41,861 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $39,768 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,093 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,060 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $17,157 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $903 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $68,178 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $44,481 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,942 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $8,081 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $7,677 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $404 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,517 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,517 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $994 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $994 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $77,402 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $73,531 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,871 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $228,093 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $189,125 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,213 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,100,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,100,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,328,093 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $189,125 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,112,213 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$508,840 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $630,128 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $982,125 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $224,287 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $224,287 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $11,473,407 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,232,877 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,344,250 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $1,585,851 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,418,709 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $5,943,206 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,850,979 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,085,367 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,398,738 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,893,994 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,072,613 | TotalAssetsEOYFMVAmt |
| 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 EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $18,398,738 | CapitalStockBOYAmt |
| Capital Stock EOY | $18,893,994 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,398,738 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,893,994 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,398,738 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,893,994 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,398,738 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$508,840 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,004,637 | OtherIncreasesAmt |
| Subtotal | $18,894,535 | SubtotalAmt |
| Other Decreases | $541 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,893,994 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 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 Covered | P | 2022-06-30 | 2022-12-31 | $1,365,609 | $0 | $1,540,098 | -$174,489 | $0 | $0 | $0 | -$174,489 |
| Short Term Non-Covered | P | 2022-06-30 | 2022-12-31 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long Term Covered | P | 2021-12-30 | 2022-12-31 | $4,698,789 | $0 | $4,485,315 | $213,474 | $0 | $0 | $0 | $213,474 |
| Long Term Non-Covered | P | 2021-12-30 | 2022-12-31 | $38,312 | $0 | $15,126 | $23,186 | $0 | $0 | $0 | $23,186 |
| Long Term Capital Gains Distribution | P | 2021-12-30 | 2022-12-31 | $928 | $0 | $0 | $928 | $0 | $0 | $0 | $928 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $63,099 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$174,489 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,759 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,759 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,759 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $42,347 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $1,300 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $43,647 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$43,647 | OriginalReturnOverpaymentAmt |
| Overpayment | $34,888 | OverpaymentAmt |
| Applied To ES Tax | $34,888 | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Herbert C 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 Street 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 (2 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 | $0 | $0 | $0 |
| Herbert C Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 3.50 | $0 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UBS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 Detroit St 5th Floor | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Management | ServiceTypeTxt |
| Compensation | $66,454 | CompensationAmt |
| 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 | $20,513,240 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,513,240 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $20,513,240 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $307,699 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,205,541 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,010,277 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,010,277 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,759 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,759 | TotalTaxAmt |
| Distributable Before Adj | $1,001,518 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,001,518 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,001,518 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,112,213 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,112,213 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,001,518 | 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 | $23,217 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $23,217 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,112,213 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,001,518 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $110,695 | RemainingDistriFromCorpusAmt |
| Total Corpus | $133,912 | 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 | $133,912 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $23,217 | ExcessFromYear1Amt |
| Excess From Current Year | $110,695 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Frederick Q Lawson | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Ballet West | ||||||
| 52 W 200 S | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $200,000 |
| Madeline Choir School | ||||||
| 205 E First Ave | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $300,000 |
| Utah SymphonyUtah Opera | ||||||
| 123 W South Temple | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $100,000 |
| Americans for Oxford | ||||||
| 500 Fifth Ave 32nd Fl | New York | NY | 10110 | Public Charity | General Financial Support | $100,000 |
| University of Utah College of Nursing | ||||||
| 332 S 1400 E Ste 160 | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $100,000 |
| Bridgerland Technical College | ||||||
| 1301 N 600 W | Logan | UT | 84321 | Public Charity | General Financial Support | $100,000 |
| Utah State University - Emma Eccles Jones College of Education | ||||||
| 2800 Old Main Hill | Logan | UT | 84322 | Public Charity | General Financial Support | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,100,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $315,913 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $63,099 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income/From K-1s | Desc |
| Related Or Exempt Function Incm | $440,241 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $819,253 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $819,253 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | Interest Income. Income is used to help fund grants. |
| 4 | Dividend Income. Income is used to help fund grants. |
| 8 | Net Capital Gains/Losses. Income is used to help fund grants. |
| 11 | Other Income. Income 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 Tax and Accounting Fees | CategoryTxt |
| Amt | $18,060 | Amt |
| Net Investment Income | $17,157 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $903 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| Short Term Sales of Publicly Traded Securities | 2022-06 | 2022-12 | $1,365,609 | $1,540,098 | -$174,489 |
| Long Term Sales of Publicly Traded Securities and LTCG Dist. | 2021-12 | 2022-12 | $4,738,029 | $4,500,441 | $237,588 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS | BondNm |
| EOY Book Value | $1,585,851 | EOYBookValueAmt |
| EOYFMV | $1,418,709 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS | $5,883,025 | $5,960,289 |
| Fidelity | $2,349,852 | $2,383,961 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (21 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Cynosure Investment Partners | $2,022,029 | $2,922,029 |
| Cynosure Fernweh | $222,933 | $222,933 |
| Cynosure Wealth Partners LLC, 4 C GPS I, II and III | $1,273,048 | $1,273,048 |
| Cynosure Avalon BuildGroup LLC | $61,297 | $61,297 |
| AB Private Credit Inv Mid Mrkt | $102,032 | $48,035 |
| AB US Real Estate HNW II | $276,223 | $172,501 |
| AB EOF Weatherly Co-Invest | $2,255 | $0 |
| AB Energy Opp (Cayman) AIV Fund II | $128,346 | $115,052 |
| UBS - Portfolio Advisors Private Equity Fund 2019 | $448,895 | $471,034 |
| Signal Peak Ventures III | $99,230 | $247,498 |
| UBS - NightDragon Growth I | $174,977 | $203,767 |
| UBS - Alkeon Innovation Offshore Fund II | $85,302 | $90,005 |
| UBS - AlphaKeys Millenium Fund LP | $195,000 | $335,192 |
| UBS - Blackstone Private Credit Fund | $728,122 | $698,644 |
| UBS - Clover PCO II LP | $375,437 | $371,030 |
| UBS - FS Credit Real Estate Income Trust Fund | $650,000 | $645,965 |
| UBS - Starwood Real Estate Income Trust | $789,627 | $1,003,652 |
| UBS - KKR North America Fund XIII Private | $168,826 | $172,356 |
| Signal Peak Ventures IV | $25,783 | $25,597 |
| UBS - iCap Infrastructures Investments Fund | $769,146 | $750,000 |
| UBS - Portfolio Advisors Private Eq Fund 2022 | $252,471 | $255,732 |
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 | $41,861 | LegalFeesAmt |
| Net Investment Income | $39,768 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,093 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Non-Deductible Expenses | Desc |
| Amt | $541 | 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-1 | $69,019 | $65,568 | $3,451 |
| D&O/Liability Insurance | $8,383 | $7,963 | $420 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income/From K-1s | Desc |
| Revenue And Expenses Per Books | $440,241 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $440,241 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior Period Adjustments/Temporary Differences | Desc |
| Amt | $1,004,637 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Fidelity Investment Management | $1,724 | $1,552 | $172 |
| UBS Investment Management | $66,454 | $42,929 | $4,770 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Tax Paid | $5,517 | $5,517 | $0 |
| Income Tax Paid | $8,000 | $0 | $0 |
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