THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION (EIN 51-0260302)
- Tax period
- 2020-05-01 to 2021-04-30
- Filed
- 2022-01-13
- IRS object ID
- 202200139349100210
- Schema version
- 2020v4.0
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-13T13:42:23-06:00 | ReturnTs |
| Tax Period End | 2021-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461336065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SORENSEN & FLANAGAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 1845 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510260302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN & FOSTER FRIESS FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LYNN | BusinessNameControlTxt |
| Phone | 3077339587 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FOSTER S FRIESS | PersonNm |
| Person Title | PRES./V.P. | PersonTitleTxt |
| Phone | 3077333938 | PhoneNum |
| Signature | 2021-11-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FOSTER | PersonFirstNm |
| Person Last | FRIESS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES T SORENSEN CPA | PreparerPersonNm |
| PTIN | P00053706 | PTIN |
| Phone | 3077333938 | PhoneNum |
| Preparation | 2021-12-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $121,266,237 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $24,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $21,773 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $21,773 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $905,144 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $905,144 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,280,071 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $419,786,644 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,280,071 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $35,206,988 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,206,988 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $55,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $2,175 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $2,500 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $160,049 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $112,369 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,173 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $84,018 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $332,093 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,173 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $86,518 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,000,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,000,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,332,093 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,173 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,086,518 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $30,874,895 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,187,815 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $74,749,260 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $121,154,998 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $121,154,998 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $105 | CorporateStockBOYAmt |
| Corporate Stock EOY | $159 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $159 | CorporateStockEOYFMVAmt |
| Other Assets EOY | $111,080 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $111,080 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $74,749,365 | TotalAssetsBOYAmt |
| Total Assets EOY | $121,266,237 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $121,266,237 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $12,604 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $97,686 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $73,783 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,351 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $86,387 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $99,037 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $74,662,978 | RetainedEarningBOYAmt |
| Retained Earning EOY | $121,167,200 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $74,662,978 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $121,167,200 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $74,749,365 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $121,266,237 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $74,662,978 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $30,874,895 | ExcessRevenueOverExpensesAmt |
| Other Increases | $15,629,327 | OtherIncreasesAmt |
| Subtotal | $121,167,200 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $121,167,200 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| US TREASURY BILLS | P | $146,120,769 | $146,121,250 | -$481 | -$481 |
| US TREASURY BILLS | P | $18,881,384 | $18,888,777 | -$7,393 | -$7,393 |
| MORGAN STANLEY | P | $15,726,417 | $15,336,667 | $389,750 | $389,750 |
| MORGAN STANLEY | P | $6,650,462 | $6,494,315 | $156,147 | $156,147 |
| MORGAN STANLEY | P | $23,178,910 | $22,764,123 | $414,787 | $414,787 |
| MORGAN STANLEY | P | $31,046,988 | $29,759,086 | $1,287,902 | $1,287,902 |
| MORGAN STANLEY | P | $83,666,202 | $75,712,781 | $7,953,421 | $7,953,421 |
| MORGAN STANLEY | P | $383,866 | $382,000 | $1,866 | $1,866 |
| MORGAN STANLEY | P | $23,092,006 | $22,872,012 | $219,994 | $219,994 |
| MORGAN STANLEY | P | $54,652,505 | $51,419,911 | $3,232,594 | $3,232,594 |
| MORGAN STANLEY | P | $7,397,919 | $9,943,401 | -$2,545,482 | -$2,545,482 |
| MORGAN STANLEY | P | $8,989,199 | $9,812,250 | -$823,051 | -$823,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,280,071 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $10,280,054 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $155,511 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $155,511 | SubtotalAmt |
| Tax Based On Investment Income | $155,511 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $266,787 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $266,787 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $196 | EsPenaltyAmt |
| Overpayment | $111,080 | OverpaymentAmt |
| Applied To ES Tax | $111,080 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WY | OrgReportOrRegisterStateCd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | 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 | JIM SORENSEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3077333938 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1845 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| FOSTER S FRIESS | ||||||||
| PO BOX 9790 | JACKSON | WY | 83002 | PRES./V.P. | 10.00 | $0 | $0 | $0 |
| LYNNETTE E FRIESS | ||||||||
| PO BOX 9790 | JACKSON | WY | 83002 | SEC./TREAS. | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN FRIESS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 11655 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | STAFF | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 26.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $55,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $74,305,151 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $19,937,755 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $94,242,906 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $94,242,906 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,413,644 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $92,829,262 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,641,463 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,641,463 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $155,511 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $155,511 | TotalTaxAmt |
| Distributable Before Adj | $4,485,952 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,485,952 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,485,952 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,086,518 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,086,518 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $4,086,518 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,485,952 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,327,884 | UndistributedIncomePYAmt |
| Qualifying Distributions | $4,086,518 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,327,884 | AppliedToYear1Amt |
| Applied To Current Year | $758,634 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,727,318 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LYNETTE FRIESS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3077399699 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN APPLICATION DESCRIBING NEED, INTENDED USE OF FUNDS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL CHRISTIAN FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11625 RAINWATER DRIVE | AddressLine1Txt |
| Address Line2 | STE 500 | AddressLine2Txt |
| City | ALPHARATTE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $4,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,000,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,773 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $905,144 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,280,054 | ExclusionAmt |
| Related Or Exempt Function Incm | $17 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $11,206,971 | ExclusionAmt |
| Related Or Exempt Function Incm | $17 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $11,206,988 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | LYNNETTE E AND FOSTER S FRIESS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $24,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SORENSEN & SORENSEN, LLC | ||
| -PREPARATION OF FOUNDATION RETUR | $2,500 | $2,500 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SCHOOL SITE | PropertyDesc |
| Acquired | 2014-09-30 | AcquiredDt |
| Cost Or Other Basis | $4,218,285 | CostOrOtherBasisAmt |
| Life | 4.0000 | LifeRt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NO FILING REQUIREMENT IN WYOMING. NO ACTIVITY REQUIRING DE FILING. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | BRANDYWINE BLUE FUND | StockNm |
| EOY Book Value | $159 | EOYBookValueAmt |
| EOYFMV | $159 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $2,175 | LegalFeesAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID INCOME TAXES | Desc |
| EOY Book Value | $111,080 | EOYBookValueAmt |
| EOYFMV | $111,080 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| ADMINISTRATION AND BOOKKEEPIN | $14,420 | $7,210 | |
| BANK CHARGES | $282 | $282 | |
| US BANK FEES | $11,654 | $11,654 | |
| OFFICE/TELEPHONE/POST/INTERNE | $988 | ||
| STAFFING EXPENSE | $84,018 | $84,018 | |
| TAXES & LICENSES | $27 | $27 | |
| PENALTIES AND INTEREST | $980 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS & LOSSES | Desc |
| Amt | $15,629,327 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL TAXES PAYABLE | $1,354 | $1,351 |
| EXCISE TAXES PAYABLE | $72,429 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| PAYROLL TAXES | $4,538 |
| EXCISE TAX ON INV INCOME | $155,511 |
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