JANET Q LAWSON FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- JANET Q LAWSON FOUNDATION (EIN 87-0481508)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-05
- IRS object ID
- 202133099349101103
- Schema version
- 2020v4.1
- 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 | 2021-11-05T08:58:04-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
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 | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870481508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Janet Q Lawson Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JANE | 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 | Herbert C Livsey | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 8015321500 | PhoneNum |
| Signature | 2021-04-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Herbert | PersonFirstNm |
| Person Last | Livsey | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Chortney B Ruesch CPA | PreparerPersonNm |
| PTIN | P01070225 | PTIN |
| Phone | 8018729798 | PhoneNum |
| Preparation | 2021-11-05 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
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 | 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 | $66,313,098 | 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 | $1 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $714,817 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $714,817 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$386,157 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,704,054 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $959,195 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $959,195 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,287,856 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,674,012 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $35,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $31,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $3,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $180,185 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $162,167 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $18,018 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $17,432 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $918 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $209,593 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $199,113 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $10,480 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,064 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,064 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,501 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $18,501 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $214,144 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $202,087 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,057 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $676,837 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $631,864 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $44,973 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $913,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $913,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,590,587 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $631,864 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $958,723 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$302,731 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,042,148 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,441,144 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,228,207 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,228,207 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $21,315,208 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,709,571 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $31,413,122 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $13,544,184 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,889,332 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $9,306,756 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $22,360,790 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $21,914,757 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $22,365,013 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $60,661,326 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,741,867 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $66,313,098 | 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 | $60,661,326 | CapitalStockBOYAmt |
| Capital Stock EOY | $58,741,867 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $60,661,326 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $58,741,867 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $60,661,326 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $58,741,867 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $60,661,326 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$302,731 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $60,358,595 | SubtotalAmt |
| Other Decreases | $1,616,728 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $58,741,867 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 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 Sales of Publicly Traded Securities | P | 2020-06-30 | 2020-12-31 | $32,427,576 | $0 | $33,271,613 | -$844,037 | $0 | $0 | $0 | -$844,037 |
| Long Term Sales of Publicly Traded Securities | P | 2019-12-30 | 2020-12-31 | $1,276,478 | $0 | $818,598 | $457,880 | $0 | $0 | $0 | $457,880 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$386,157 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$844,037 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,486 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $14,486 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $14,486 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $38,605 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $38,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $76,605 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$76,605 | OriginalReturnOverpaymentAmt |
| Overpayment | $62,119 | OverpaymentAmt |
| Applied To ES Tax | $62,119 | 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 |
| Individual With Books | Herbert C Livsey | IndividualWithBooksNm |
| Phone | 8015321500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 S State St 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 (7 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 | $5,000 | $0 | $0 |
| Peter Q Lawson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Ellen E Rossi | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Dr Erik C Erlingsson | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Herbert C Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 2.50 | $5,000 | $0 | $0 |
| Charles H Livsey | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $0 | $0 |
| Clark P Giles | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Advisor | 0.50 | $5,000 | $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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UBS | |||||
| 370 17th St Suite 1400 | Denver | CO | 80202 | Investment Management | $209,593 |
| Ray Quinney & Nebeker PC | |||||
| 36 S State Street Suite 1500 | Salt Lake City | UT | 84111 | Legal Services | $180,185 |
| 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 | $60,838,964 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $60,838,964 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $60,838,964 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $912,584 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $59,926,380 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,996,319 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,996,319 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,486 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,486 | TotalTaxAmt |
| Distributable Before Adj | $2,981,833 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,981,833 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,981,833 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $958,723 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $958,723 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $958,723 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,981,833 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,900,444 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $335,221 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $171,945 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,407,610 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $958,723 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $958,723 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,023,110 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,023,110 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $384,500 | 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 | $384,500 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $212,555 | ExcessFromYear4Amt |
| Excess From Year3 | $171,945 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Utah State University | ||||||
| Old Main Hill | Logan | UT | 84322 | Public Charity | General Financial Support | $175,000 |
| University of Utah | ||||||
| 332 S 1400 E | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $79,500 |
| Southern Utah Wilderness Alliance | ||||||
| 425 E 100 S | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $2,500 |
| Black Mesa Trust | ||||||
| PO Box 33 | Kykotsmovi Village | AZ | 86039 | Public Charity | General Financial Support | $13,000 |
| The Meadowbrook School of Weston | ||||||
| 10 Farm Rd | Weston | MA | 02493 | Public Charity | General Financial Support | $10,000 |
| The Trustees of Reservations | ||||||
| 200 High St | Boston | MA | 02110 | Public Charity | General Financial Support | $10,000 |
| Bridgerland Technical College | ||||||
| 1301 N 600 W | Logan | UT | 84321 | Public Charity | General Financial Support | $10,000 |
| Alf Engen Ski Museum | ||||||
| 3419 Olympic Pkwy | Park City | UT | 84098 | Public Charity | General Financial Support | $20,000 |
| Camp Nor'Wester | ||||||
| 303 5th Ave S Ste 201 | Edmonds | WA | 98020 | Public Charity | General Financial Support | $5,000 |
| Moab Music Festival | ||||||
| 58 E 300 S | Moab | UT | 84532 | Public Charity | General Financial Support | $20,000 |
| Ride With Respect | ||||||
| 1310 Murphy Lane | Moab | UT | 84532 | Public Charity | General Financial Support | $5,000 |
| Youth Garden Project | ||||||
| 530 S 400 E | Moab | UT | 84532 | Public Charity | General Financial Support | $9,000 |
| Jordan Valley Conservation Gardens | ||||||
| 8275 S 1300 W | West Jordan | UT | 84088 | Public Charity | General Financial Support | $1,000 |
| Legal Aid Society of Salt Lake | ||||||
| 205 N 400 W | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $3,000 |
| Girl Scouts of Utah | ||||||
| 445 E 4500 S Ste 125 | Salt Lake City | UT | 84107 | Public Charity | General Financial Support | $42,000 |
| Utah Food Bank | ||||||
| 3150 S 900 W | Salt Lake City | UT | 84119 | Public Charity | General Financial Support | $19,500 |
| Utah State University Foundation | ||||||
| 1590 Old Main Hill | Logan | UT | 84322 | Public Charity | General Financial Support | $10,000 |
| Intermountain Foundation at Primary Children's Hospital | ||||||
| 100 N Mario Capecchi Dr 3575 | Salt Lake City | UT | 84113 | Public Charity | General Financial Support | $47,500 |
| Ballet West | ||||||
| 50 W 200 S | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $40,000 |
| Canyon Country Discovery Center | ||||||
| 1117 N Main St | Monticello | UT | 84535 | Public Charity | General Financial Support | $35,000 |
| Guadalupe School | ||||||
| 1385 N 1200 W | Salt Lake City | UT | 84116 | Public Charity | General Financial Support | $20,000 |
| Utah's Hogle Zoo | ||||||
| 2600 E Sunnyside Ave | Salt Lake City | UT | 84108 | Public Charity | General Financial Support | $35,000 |
| Neighborhood House | ||||||
| 1050 W 500 S | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $35,000 |
| Nature Conservancy in Utah | ||||||
| 559 E South Temple | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $39,000 |
| Tracy Aviary | ||||||
| 589 E 1300 S | Salt Lake City | UT | 84105 | Public Charity | General Financial Support | $20,000 |
| Utah Symphony Utah Opera | ||||||
| 123 W South Temple | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $60,000 |
| Earth Science Education Foundation | ||||||
| 30 U St | Salt Lake City | UT | 84103 | Public Charity | General Financial Support | $3,000 |
| Lantern House at St Annes | ||||||
| 269 W 33rd St | Ogden | UT | 84401 | Public Charity | General Financial Support | $2,000 |
| Planned Parenthood of Utah | ||||||
| 654 S 900 E | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $7,500 |
| Bountiful Community Food Pantry | ||||||
| 480 E 150 N | Bountiful | UT | 84010 | Public Charity | General Financial Support | $10,000 |
| Friends of Legacy Prepartory Academy | ||||||
| 1375 W Center St | North Salt Lake | UT | 84054 | Public Charity | General Financial Support | $10,000 |
| Natural Ability Center | ||||||
| 1000 Ability Way | Park City | UT | 84060 | Public Charity | General Financial Support | $6,000 |
| The Children's Center | ||||||
| 350 S 400 E | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $6,000 |
| The McGillis School | ||||||
| 668 S 1300 E | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $10,000 |
| Wasatch Community Gardens | ||||||
| 629 E 800 S | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $8,000 |
| YMCA of Northern Utah | ||||||
| 675 E 2100 S Ste 200 | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $10,000 |
| Grand Staircase Escalante Partners | ||||||
| 310 S 100 E 7 | Kanab | UT | 84741 | Public Charity | General Financial Support | $2,500 |
| Harvard Medical School | ||||||
| 25 Shattuck St | Boston | MA | 02115 | Public Charity | General Financial Support | $5,000 |
| Oregon Food Bank | ||||||
| 1870 NW 173rd Ave | Beaverton | OR | 97006 | Public Charity | General Financial Support | $35,000 |
| Utah Hispanic Business Leadership Foundation | ||||||
| 1635 S Redwood Rd | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $5,000 |
| New England Conseratory of Music | ||||||
| 290 Huntington Ave | Boston | MA | 02115 | Public Charity | General Financial Support | $5,000 |
| Wikimedia Foundation Inc | ||||||
| 1 Montgomery St Suite 1600 | San Francisco | CA | 94104 | Public Charity | General Financial Support | $13,750 |
| Moab Multicultural Center | ||||||
| 156 N 100 W | Moab | UT | 84532 | Public Charity | General Financial Support | $9,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $913,750 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Utah State University | ||||||
| 5200 Old Main Hill | Logan | UT | 843225200 | Public Charity | General Financial Support | $2,583,400 |
| University of Utah | ||||||
| 1390 E Presidents Circle | Salt Lake City | UT | 841120050 | Public Charity | General Financial Support | $400,000 |
| Neighborhood House | ||||||
| 1050 W 500 S | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $852,285 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $3,835,685 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $714,817 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$386,157 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Other Income From K-1s/Investments | $889,149 |
| 1099-Misc (UBS 3155) | $70,046 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,287,855 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,287,855 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | Dividend and interest income may be used to fund grants. |
| 8 | A portion of Capital Gains/Losses may be used to fund grants. |
| 11 | Other Income may be used to 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 Accounting and Tax | CategoryTxt |
| Amt | $18,350 | Amt |
| Net Investment Income | $17,432 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $918 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| Short Term Sales of Publicly Traded Securities | 2020-06 | Purchased | 2020-12 | $32,427,576 | $33,271,613 | -$844,037 |
| Long Terms Sales of Publicly Traded Securities | 2019-12 | Purchased | 2020-12 | $1,276,478 | $818,598 | $457,880 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS | BondNm |
| EOY Book Value | $8,889,332 | EOYBookValueAmt |
| EOYFMV | $9,306,756 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS | StockNm |
| EOY Book Value | $24,709,571 | EOYBookValueAmt |
| EOYFMV | $31,413,122 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AB RE II | $113,602 | $328,653 |
| AB Priv Credit | $9,735,706 | $9,142,283 |
| AB ESM | $16,054 | $36,937 |
| AB EOF | $1,950,476 | $1,284,846 |
| AB EOF Weatherly | $535,967 | $844,596 |
| AB EOF AIV II | $361,473 | $396,820 |
| Cynosure Avalon BuildGroup | $53,211 | $52,602 |
| Cynosure Investment Partners | $628,995 | $875,250 |
| AB FSOF | $2,245,797 | $2,902,006 |
| Blackstone REIT | $3,667,354 | $3,793,475 |
| A&Q Select SPC | $750,000 | $846,212 |
| Clover PCO II | $495,808 | $499,597 |
| NightDragon Growth I | $249,791 | $251,213 |
| Rialto REF IV Debt Domestic | $60,000 | $60,000 |
| Signal Peak Ventures III | $1,050,523 | $1,050,523 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Ray Quinney & Nebeker PC Legal | CategoryTxt |
| Legal Fees | $180,185 | LegalFeesAmt |
| Net Investment Income | $162,167 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $18,018 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Return of Principal | $1,243,385 |
| Prior Period Adjustments/Temporary K-1 Differences | $373,343 |
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-1s | $214,144 | $202,087 | $12,057 |
| Insurance | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | From K-1s/Other Investments | Desc |
| Revenue And Expenses Per Books | $959,195 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $959,195 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior Period Adjustments/Temporary K-1 Adjustments | Desc |
| Amt | $0 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | UBS Investment Mngt. Fees | CategoryTxt |
| Amt | $209,593 | Amt |
| Net Investment Income | $199,113 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,480 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Income Tax Paid | $0 | $0 | $0 |
| Foreign Taxes Paid | $18,501 | $18,501 | $0 |
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