COUTTS & CLARK WESTERN FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COUTTS & CLARK WESTERN FOUNDATION INC (EIN 22-3772219)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-08-20
IRS object ID
202532329349101003
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-20T10:41:49-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN920729420PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tucker Bechtolt & Diponio PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 W 11th Street Suite 108AddressLine1Txt
CityDurangoCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81301ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223772219EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Coutts & Clark Western Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOUTBusinessNameControlTxt
Phone2844418507PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1793 Ridge RoadAddressLine1Txt
CityDurangoCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81303ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCandice CarsonPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-08-20SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonConnie BechtoltPreparerPersonNm
PTINP01512463PTIN
Phone9703852518PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,274,554FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$158InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$158InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$158InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$53,050DividendsRevAndExpnssAmt
Dividends Net Invst Incm$53,050DividendsNetInvstIncmAmt
Dividends Adj Net Incm$53,050DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$9,971NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$73,334GrossSalesPriceAmt
Total Rev And Expnss$43,237TotalRevAndExpnssAmt
Total Net Invst Incm$53,208TotalNetInvstIncmAmt
Total Adj Net Incm$53,208TotalAdjNetIncmAmt
Taxes Rev And Expnss$2,322TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$5,902OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$8,224TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$133,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$133,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$141,224TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$133,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$97,987ExcessRevenueOverExpensesAmt
Net Investment Income$53,208NetInvestmentIncomeAmt
Adjusted Net Income$53,208AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,000CashBOYAmt
Cash EOY$14,280CashEOYAmt
Cash EOYFMV$14,280CashEOYFMVAmt
Corporate Stock BOY$1,046,343CorporateStockBOYAmt
Corporate Stock EOY$1,260,274CorporateStockEOYAmt
Corporate Stock EOYFMV$1,260,274CorporateStockEOYFMVAmt
Total Assets BOY$1,056,343TotalAssetsBOYAmt
Total Assets EOY$1,274,554TotalAssetsEOYAmt
Total Assets EOYFMV$1,274,554TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,056,343NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,274,554NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,056,343TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,274,554TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,056,343TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,274,554TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,056,343TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$97,987ExcessRevenueOverExpensesAmt
Other Increases$316,198OtherIncreasesAmt
Subtotal$1,274,554SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,274,554TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
800 Bank of America CorpP2023-01-012024-07-08$32,439$31,941$498$498
500 Bristol-Myers SquibbP2023-01-012024-07-08$19,952$27,902-$7,950-$7,950
100 IQVIA Holdings IncP2023-01-012024-07-08$20,851$23,429-$2,578-$2,578
5 ZIMVIE IncP2023-01-012024-07-08$92$33$59$59
FieldValueIRS element (for citing)
Capital Gain Net Income-$9,971CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$740InvestmentIncomeExciseTaxAmt
Subtotal$740SubtotalAmt
Tax Based On Investment Income$740TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$41EsPenaltyAmt
Tax Due$781TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Candice CarsonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9709466550PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1793 Ridge RoadAddressLine1Txt
CityDurangoCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81303ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Candice Carson
793 Ridge RoadDurangoCO81303Director0.00$0
George Banker
793 Ridge RoadDurangoCO81303Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,260,274AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$14,280AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,274,554TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,274,554AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$19,118CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,255,436NetVlNoncharitableAssetsAmt
Minimum Investment Return$62,772MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$62,772MinimumInvestmentReturnAmt
Tax Based On Investment Income$740TaxBasedOnInvestmentIncomeAmt
Total Tax$740TotalTaxAmt
Distributable Before Adj$62,032DistributableBeforeAdjAmt
Distributable Before Ded$62,032DistributableBeforeDedAmt
Distributable As Adjusted$62,032DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$133,000ExpensesAndContributionsAmt
Qualifying Distributions$133,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$62,032DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$67,347ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$105,680ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$136,224ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$120,149ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$223,948ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$653,348TotalExcessDistributionCyovAmt
Qualifying Distributions$133,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$62,032AppliedToCurrentYearAmt
Remaining Distri From Corpus$70,968RemainingDistriFromCorpusAmt
Total Corpus$724,316TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$67,347ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$656,969ExcessDistriCyovToNextYrAmt
Excess From Year4$105,680ExcessFromYear4Amt
Excess From Year3$136,224ExcessFromYear3Amt
Excess From Year2$120,149ExcessFromYear2Amt
Excess From Year1$223,948ExcessFromYear1Amt
Excess From Current Year$70,968ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCandice CarsonRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1793 Ridge RoadAddressLine1Txt
CityDurangoCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81301ZIPCd
FieldValueIRS element (for citing)
Form And Info And MaterialsNo specified form - However an application form may be requested.FormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
Bear Smart DBA Community Foundation
PO Box 1673DurangoCO81302Educational programs and staff expenses for conferences$6,000
Companeros
1109 Main AveDurangoCO81301General operations$25,000PC
Fort Lewis College Foundation
1000 Rim DriveDurangoCO81301WellPAC student sexual health and prevention$16,000EOF
Fort Lewis College
1000 Rim DrDurangoCO81301Society of Women Engineers conference expenses$5,000EOF
Fort Lewis College
1000 Rim DriveDurangoCO81301FLC Student Health Center$50,000EOF
Stewardship Utah
68 E 2700 SouthSalt Lake CityUT84115Utah Environment and Policy$30,000EOF
Wellspring Health Access
712 H St Suite 1825WashingtonDC20002General operations$1,000EOF
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$133,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$158RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$53,050RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$9,971RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$43,237RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$43,237TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Investment Fees - Schwab$5,602
Office Expenses-Candice's schedule$300

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
Foreign Taxes on investments$330
Taxes per Candice's schedule$1,992

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