SUNDT FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SUNDT FOUNDATION (EIN 86-0935586)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-08-12
IRS object ID
202222249349302702
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-08-12T17:03:30-05:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN860366154PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SUNDT CONSTRUCTION INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12015 W RIVER RD STE 101AddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP857041676ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN860935586EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUNDT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSUNDBusinessNameControlTxt
Phone5207504673PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12015 W RIVER ROAD SUITE 101AddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85704ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISETTE G GUEVARAPersonNm
Person TitleTREASURERPersonTitleTxt
Phone5207504673PhoneNum
Signature2022-08-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLISETTEPersonFirstNm
Person LastGUEVARAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICK DOOLEYPreparerPersonNm
PTINP00265828PTIN
Phone5207504602PhoneNum
Preparation2022-08-12PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNICOLE N CALAMAIOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12015 W RIVER ROADAddressLine1Txt
Address Line2SUITE 101AddressLine2Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85704ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$677,715GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SUNDT.COM/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$989,443PYContributionsGrantsAmt
CY Contributions Grants$677,680CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,436PYInvestmentIncomeAmt
CY Investment Income$35CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$990,879PYTotalRevenueAmt
CY Total Revenue$677,715CYTotalRevenueAmt
PY Grants And Similar Paid$1,092,747PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$688,960CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$0CYOtherExpensesAmt
PY Total Expenses$1,092,747PYTotalExpensesAmt
CY Total Expenses$688,960CYTotalExpensesAmt
PY Revenues Less Expenses-$101,868PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$11,245CYRevenuesLessExpensesAmt
Total Assets BOY$191,536TotalAssetsBOYAmt
Total Assets EOY$180,291TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$191,536NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$180,291NetAssetsOrFundBalancesEOYAmt
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$397,430ExpenseAmt
Grant$397,430GrantAmt
DescGRANTS WERE PROVIDED TO VARIOUS CHARITABLE ORGANIZATIONS THAT ADDRESS CHILDREN'S ISSUES IN COMMUNITIES WHERE EMPLOYEES OF THE SUNDT COMPANIES, INC. LIVE AND WORK.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$291,530ExpenseAmt
Grant$291,530GrantAmt
DescGRANTS WERE PROVIDED TO VARIOUS CHARITABLE ORGANIZATIONS THAT WORK TO IMPROVE COMMUNITIES WHERE EMPLOYEES OF THE SUNDT COMPANIES, INC. LIVE AND WORK.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$688,960TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLISETTE G GUEVARAPersonNm
Phone5207504673PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12015 W RIVER ROAD SUITE 101AddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85704ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
NICOLE N CALAMAIO
EXECUTIVE DIYes (X)Yes (X)$0$0$0
STEFANIE V TELLER
PRESIDENTYes (X)$0$0$0
CHARLOTTE M GURULE
SECRETARYYes (X)$0$0$0
LISETTE G GUEVARA
TREASURERYes (X)$0$0$0
KATHY ABERNATHY
ADMINISTRATOYes (X)$0$0$0
GARY M HOOVER
DIRECTORYes (X)$0$0$0
JESSE DEHARO
DIRECTORYes (X)$0$0$0
JOSEPH V RICCILLO
VICE PRESIDEYes (X)$0$0$0
RACHEL PEREZ
DIRECTORYes (X)$0$0$0
MADISON A JONES
DIRECTORYes (X)$0$0$0
BARBARA TERRY
DIRECTORYes (X)$0$0$0
CATHERINE J GABRIEL
DIRECTORYes (X)$0$0$0
JASEN BENNIE
DIRECTORYes (X)$0$0$0
CHAD YOUNT
DIRECTORYes (X)$0$0$0
RYAN J NESSEN
DIRECTORYes (X)$0$0$0
RICHARD D BUCHANAN
DIRECTORYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$5,245MembershipDuesAmt
All Other Contributions$672,435AllOtherContributionsAmt
Total Contributions$677,680TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$35TotalRevenueColumnAmt
Exclusion$35ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$677,715TotalRevenueColumnAmt
Exclusion$35ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$688,960TotalAmt
Program Services$688,960ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$688,960TotalAmt
Program Services$688,960ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$362BOYAmt
EOY$8,551EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$191,174BOYAmt
EOY$171,740EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$191,536BOYAmt
EOY$180,291EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,110BOYAmt
EOY$9,904EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$181,426BOYAmt
EOY$170,387EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$191,536BOYAmt
EOY$180,291EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$191,536BOYAmt
EOY$180,291EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$11,245ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$743,684CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$664,104CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$995,490CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$989,443CurrentTaxYearMinus1YearAmt
Current Tax Year$677,680CurrentTaxYearAmt
Total$4,070,401TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$743,684CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$664,104CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$995,490CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$989,443CurrentTaxYearMinus1YearAmt
Current Tax Year$677,680CurrentTaxYearAmt
Total$4,070,401TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,875,634SubstantialContributorsTotAmt
Public Support Total170$2,194,767PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$690CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,403CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,943CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,436CurrentTaxYearMinus1YearAmt
Current Tax Year$35CurrentTaxYearAmt
Total$7,507TotalAmt
FieldValueIRS element (for citing)
Total Support$4,077,908TotalSupportAmt
Public Support CY1700.53820PublicSupportCY170Pct
Public Support PY1700.55430PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ADVOCACY 31NINE
625 N GILBERT ROAD SUITE 103GILBERTAZ85234832281918$10,000TUTORING FOR STUDENT
ARIZONA BRAINFOOD
2635 N RIDGEMESAAZ85203263946158$6,400PROVIDE FOOD
ARIZONA HELPING HANDS
3110 E THUNDERBIRD RD 100PHOENIXAZ85032860935988$7,500MISC ITEMS FOR CHILD
ASTER AGING INC
45 W UNIVERSITY DRIVEMESAAZ85201942596075$7,500MEAL DISTRIBUTION
BIG BROTHERS BIG SISTERS OF EL PASO
1724 WYOMING AVEEL PASOTX79924741970973$6,000CHILDREN RESOURCES
EAST VALLEY JEWISH COMMUNITY CENTER
908 N ALMA SCHOOL ROADCHANDLERAZ85224860618301$7,500MEAL SERVICES
FURNISHING DIGNITY
P O BOX 51209PHOENIXAZ850761209472214017$6,000HOME FURNISHINGS
GABRIEL'S ANGELS
727 E BETHANY HOME ROAD SUITE C-10PHOENIXAZ85014860991198$7,500CHILDREN SERVICES
MAKE-A-WISH FOUNDATION OF SAN DIEGO
2440 N HOTEL CIRCLE NORTH STE 200SAN DIEGOCA92108330039466$6,000FULFILLING WISHES
NOURISH PHOENIX
PO BOX 2225PHOENIXAZ85002860401223$7,500FOOD DISTRIBUTION
SCOSIC OPERATING MEALS OF JOY
501 EAST PLAZA CIRCLE SUITE 15LITCHFIELD PARKAZ85340472668533$5,430PROVIDE MEALS
ST MARY'S FOOD BANK
2831 N 31ST AVENUEPHOENIXAZ85009237353532$26,500FOOD DISTRIBUTION
FieldValueIRS element (for citing)
Total501c3 Org12Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 4, PART IVFormAndLineReferenceDesc
ExplanationALL ORGANIZATIONS REQUESTING A GRANT MUST SUBMIT AN APPLICATION ALONG WITH A COPY OF THE ORGANIZATION'S CURRENT BOARD OF DIRECTORS AND THE ORGANIZATION'S 501(C)3 IRS DETERMINATION LETTER OR CURRENT FORM 990. THE GRANT APPLICATION REQUIRES A DETAILED DESCRIPTION OF HOW THE FUNDING WILL BE USED. THE ADMINISTRATOR FOR SUNDT FOUNDATION REVIEWS ALL APPLICATIONS FOR COMPLIANCE WITH GIVING GUIDELINES AND IRS REGULATIONS. THE APPLICATION IS THEN FORWARDED TO THE APPROPRIATE REGIONAL COMMITTEE WHICH IS COMPRISED OF EMPLOYEE FOUNDATION MEMBERS. THE REGIONAL COMMITTEE SELECTS WHETHER TO RECOMMEND FUNDING OR TO DENY. THE BOARD OF DIRECTORS REVIEWS THE COMMITTEE'S RECOMMENDED GRANTS AND BY MAJORITY VOTES TO APPROVE OR DENY THE COMMITTEE'S RECOMMENDATIONS. IF AWARDED, THE GRANTEE MUST PROVIDE AT THEIR NEXT APPLICATION SUBMITTAL A FOLLOW UP FORM INDICATING HOW FUNDING WAS USED. THE FOUNDATION ADMINISTRATOR VERIFIES FOLLOW UP FORM IS COMPLETED PRIOR TO FORWARDING TO THE COMMITTEE FOR REVIEW AT THE NEXT GRANT CYCLE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 2SUNDT FOUNDATION THE SUNDT COMPANIES, INC. BUSINESS SUNDT FOUNDATION SUNDT CONSTRUCTION INC. BUSINESS
FORM 990, PAGE 6, PART VI, LINE 6THE SUNDT FOUNDATION HAS TWO CATEGORIES OF MEMBERSHIP: EMPLOYEE MEMBERSHIP AND NON-EMPLOYEE MEMBERSHIP. A SUNDT EMPLOYEE BECOMES A MEMBER BY CONTRIBUTING 5 OR MORE PER YEAR. MEMBERSHIP ENTITLES AN EMPLOYEE TO VOTE IN ACCORDANCE WITH THE BYLAWS AND TO HOLD ELECTIVE OFFICE. A NON-EMPLOYEE BECOMES A MEMBER BY CONTRIBUTING 5 OR MORE PER YEAR. NON-EMPLOYEE MEMBERS ARE NON-VOTING MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7ATHE BOARD OF DIRECTORS, CONSISTING OF AT LEAST NINE MEMBERS BUT NOT MORE THAN TWENTY MEMBERS, CONTROLS ALL ACTIVITIES OF SUNDT FOUNDATION. THE SUNDT COMPANIES, INC. APPOINTS FOUR DIRECTORS. THE REMAINING DIRECTORS ARE ELECTED BY THE MEMBERSHIP, WITH ONE DIRECTOR SERVING FROM EACH OF THE PRINCIPAL GEOGRAPHIC AREAS WHERE SUNDT HAS AN OFFICE OR SUBSIDIARY COMPANY AND SERVING STAGGERED THREE-YEAR TERMS.
FORM 990, PAGE 6, PART VI, LINE 7BDECISIONS BY THE BOARD OF DIRECTORS ARE NOT SUBJECT TO APPROVAL BY MEMBERS OR OTHER PERSONS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS REVIEWED BY MEMBERS OF THE BOARD OF DIRECTORS AND THE CFO OF THE SUNDT COMPANIES.
FORM 990, PAGE 6, PART VI, LINE 12CAN ANNUAL LETTER IS SENT TO ALL OFFICERS AND DIRECTORS REQUIRING THEM TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST.
FORM 990, PAGE 6, PART VI, LINE 19THE SUNDT FOUNDATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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