ACKERMAN FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ACKERMAN FOUNDATION INC (EIN 58-2284728)
- Tax period
- 2019-12-01 to 2020-11-30
- Filed
- 2021-04-13
- IRS object ID
- 202111039349100621
- Schema version
- 2019v5.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-13T13:43:21-05:00 | ReturnTs |
| Tax Period End | 2020-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8181 E TUFTS AVE SUITE 600 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80237 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582284728 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACKERMAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACKE | BusinessNameControlTxt |
| Phone | 3037409400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 CHERRY HILLS PARK DRIVE | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80113 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL ACKERMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8006629595 | PhoneNum |
| Signature | 2021-04-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SAMUEL YSUSI | PreparerPersonNm |
| PTIN | P01474736 | PTIN |
| Phone | 3037409400 | PhoneNum |
| Preparation | 2021-04-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $7,102,474 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $927,984 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $126 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $126 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $136,618 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $136,618 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $15,495 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,565 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $15,495 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,080,223 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $152,239 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $135 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $135 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,730 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,865 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,865 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $14,395 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,395 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,233 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $300 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $300 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $25,793 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $16,695 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,865 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $355,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $355,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $380,793 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $16,695 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $356,865 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $699,430 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $135,544 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $16,389 | CashBOYAmt |
| Cash EOY | $116,673 | CashEOYAmt |
| Cash EOYFMV | $116,673 | CashEOYFMVAmt |
| Corporate Stock BOY | $4,920,061 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,519,207 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,985,801 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $4,936,450 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,635,880 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,102,474 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $36,454 | CapitalStockBOYAmt |
| Capital Stock EOY | $36,454 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,899,996 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,599,426 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,936,450 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,635,880 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,936,450 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,635,880 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,936,450 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $699,430 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,635,880 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,635,880 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | -$1,882 | -$1,882 | |
| PUBLICLY TRADED SECURITIES | P | -$7,188 | -$7,188 | |
| CAPITAL GAINS DIVIDENDS | P | $24,565 | $24,565 | $24,565 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $15,495 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $396,900 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $5,240,342 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.075739 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $314,840 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,753,161 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.083887 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $330,494 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,939,095 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.112448 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $105,593 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,221,508 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047532 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $97,600 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,427,401 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.068376 | DistributionYr5Rt |
| Total Distribution | 0.387982 | TotalDistributionRt |
| Average Distribution | 0.077596 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,079,304 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $471,730 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,355 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $473,085 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $356,865 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,711 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,711 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,711 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,600 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,600 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $13 | EsPenaltyAmt |
| Overpayment | $876 | OverpaymentAmt |
| Applied To ES Tax | $876 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CHANDELLE VENTURES | IndividualWithBooksNm |
| Phone | 3037409400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8181 E TUFTS AVE SUITE 600 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80237 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL A ACKERMAN | ||||||||
| 15 CHERRY HILLS PARK DRIVE | CHERRY HILLS VILLAGE | CO | 80110 | PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEVEN J ACKERMAN | ||||||||
| 1355 HILLVIEW DRIVE | MENLO PARK | CA | 94025 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| CHERILYN LAWRENCE | ||||||||
| 159 E WALTON PLACEUNIT 14CD | CHICAGO | IL | 60611 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,061,039 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $110,843 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,171,882 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,171,882 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $92,578 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,079,304 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $303,965 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $303,965 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,711 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,711 | TotalTaxAmt |
| Distributable Before Adj | $301,254 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $301,254 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $301,254 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $356,865 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $356,865 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $356,865 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $301,254 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $26,400 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $184,551 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $129,502 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $138,472 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $478,925 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $356,865 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $301,254 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $55,611 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $534,536 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $26,400 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $508,136 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $184,551 | ExcessFromYear3Amt |
| Excess From Year2 | $129,502 | ExcessFromYear2Amt |
| Excess From Year1 | $138,472 | ExcessFromYear1Amt |
| Excess From Current Year | $55,611 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MICHAEL ACKERMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 CHERRY HILLS PARK DRIVE | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8006629595 | RecipientPhoneNum |
| Form And Info And Materials | A 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 Deadlines | APPLICATIONS MUST BE SUBMITTED BY JULY 1ST EACH YEAR. | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ITEM 2(B) ABOVE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ACE SCHOLARSHIPS | ||||||
| 1201 EAST COLFAX AVENUE | DENVER | CO | 80218 | NONE | TO FURTHER EXEMPT PURPOSE | $10,000 |
| ALMOST HOME KIDS | ||||||
| 211 E GRAND AVENUE | CHICAGO | IL | 60611 | NONE | TO FURTHER EXEMPT PURPOSE | $15,000 |
| ARRUPE JESUIT HIGH SCHOOL | ||||||
| 4343 UTICA STREET | DENVER | CO | 80212 | NONE | TO FURTHER EXEMPT PURPOSE | $30,000 |
| BOYS AND GIRLS CLUB OF METRO DENVER | ||||||
| 2017 W 9TH AVENUE | DENVER | CO | 80204 | NONE | TO FURTHER EXEMPT PURPOSE | $25,000 |
| CHICAGO LIGHTHOUSE | ||||||
| 1850 W ROOSEVELT ROAD | CHICAGO | IL | 60608 | NONE | TO FURTHER EXEMPT PURPOSE | $15,000 |
| CHICAGO SCHOLARS | ||||||
| 247 S STATE STREET | CHICAGO | IL | 60604 | NONE | TO FURTHER EXEMPT PURPOSE | $15,000 |
| CHILD ADVOCATES OF SILICON VALLEY | ||||||
| 509 VALLEY WAY | MILPITAS | CA | 95035 | NONE | TO FURTHER EXEMPT PURPOSE | $10,000 |
| DISABLED SPORTS USA | ||||||
| 451 HUNGERFORD DRIVE | ROCKVILLE | MD | 20850 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $10,000 |
| HAVE DREAMS | ||||||
| 515 BUSSE HIGHWAY | PARK RIDGE | IL | 60068 | NONE | TO FURTHER EXEMPT PURPOSE | $10,000 |
| HEARTSPRING DEVELOPMENT DEPARTMENT | ||||||
| 8700 E 29TH ST N | WICHITA | KS | 67226 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $25,000 |
| IGNITE ADAPTIVE SPORTS | ||||||
| PO BOX 19016 | BOULDER | CO | 80308 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $5,000 |
| JUNIPERO SERRA HIGH SCHOOL FUND A DREAM SCHOLARSHIP | ||||||
| 451 W 20TH AVE | SAN MATEO | CA | 94405 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $25,000 |
| JUVENILE PROTECTIVE ASSOCIATION | ||||||
| 1707 N HALSTED STREET | CHICAGO | IL | 60614 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $15,000 |
| LITERATURE FOR ALL OF US | ||||||
| 5940 SHERIDAN ROAD | CHICAGO | IL | 60660 | NONE | TO FURTHER EXEMPT PURPOSE | $15,000 |
| ONE ACRE FUND | ||||||
| 81 PROSPECT ST | BROOKLYN | NY | 11201 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $25,000 |
| OPERATION HOMEFRONT | ||||||
| 3726 EAST PIKES PEAK AVE | COLORADO SPRINGS | CO | 80909 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $10,000 |
| PASS WITH FLYING COLORS | ||||||
| 4300 KNOX AVENUE | CHICAGO | IL | 60641 | NONE | TO FURTHER EXEMPT PURPOSE | $10,000 |
| SECOND HARVEST FOOD BANK | ||||||
| 4001 NORTH FIRST ST | SAN JOSE | CA | 95134 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $10,000 |
| SEMPER FI FUNDS | ||||||
| 825 COLLEGE BLVD SUITE 102 | OCEANSIDE | CA | 92057 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $20,000 |
| WELL OF MERCY | ||||||
| 6339 FAIRFIELD AVENUE | CHICAGO | IL | 60659 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $25,000 |
| WEST POINT ASSOCIATION OF GRADUATES | ||||||
| 698 MILLS ROAD | WEST POINT | NY | 10096 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $20,000 |
| WEST POINT CENTER FOR ORAL HISTORY | ||||||
| 698 MILLS ROAD | WEST POINT | NY | 10096 | NONE | TO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $355,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $126 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $136,618 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $15,495 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $152,239 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $152,239 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| DON AND JEAN ACKERMAN CHARITABLE TRUST | ||||||
| 1 | 8181 E TUFTS AVE SUITE 600 | DENVER | CO | 80237 | $346,557 | Yes (X) |
| DON E ACKERMAN CHARITABLE ANNUITY TRUST | ||||||
| 2 | 8181 E TUFTS AVE SUITE 600 | DENVER | CO | 80237 | $480,000 | Yes (X) |
| DECANTED CLAUSE 17 ACKERMAN TRUST FBO CHERILYN K LAWRENCE | ||||||
| 3 | C/O JPM TRUST COMPANY 10 S DEARBORN | CHICAGO | IL | 60603 | $34,207 | Yes (X) |
| DECANTED CLAUSE 17 ACKERMAN TRUST FBO MICHAEL A ACKERMAN | ||||||
| 4 | C/O JPM TRUST COMPANY 10 S DEARBORN | CHICAGO | IL | 60603 | $34,179 | Yes (X) |
| DECANTED CLAUSE 17 ACKERMAN TRUST FBO STEVEN J ACKERMAN | ||||||
| 5 | C/O JPM TRUST COMPANY 10 S DEARBORN | CHICAGO | IL | 60603 | $33,041 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $3,730 | Amt |
| Net Investment Income | $1,865 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,865 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART XV | FormAndLineReferenceDesc |
| Medium Explanation | FOUNDATION OPERATING GUIDELINES1. GRANTS WILL BE MADE FROM AMONG 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 AND 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES | StockNm |
| EOY Book Value | $5,519,207 | EOYBookValueAmt |
| EOYFMV | $6,985,801 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $135 | LegalFeesAmt |
| Net Investment Income | $135 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FILING AND REGISTRATION FEES | Desc |
| Revenue And Expenses Per Books | $300 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $300 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $14,395 | Amt |
| Net Investment Income | $14,395 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $7,233 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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