BANSBACH FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
BANSBACH FOUNDATION (EIN 84-1464322)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-14
IRS object ID
202023199349100422
Schema version
2019v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-14T15:25:17-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Lynn A Lancaster CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1450 Krameria StreetAddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80220ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN841464322EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Bansbach FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBANSBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 S Cherry Street Suite 1005AddressLine1Txt
CityGlendaleCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80246ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPamela G BansbachPersonNm
Person TitlePresident TreasPersonTitleTxt
Phone3033206778PhoneNum
Signature2020-11-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLynn A LancasterPreparerPersonNm
PTINP01344251PTIN
Phone7203533691PhoneNum
Preparation2020-11-14PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address63.238.181.114IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-14IPDt
IP Tm15:26:16IPTm
Federal Original Submission Id8478472020319tzt5ka1FederalOriginalSubmissionId
Federal Original Submission Id2020-11-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdA34218FAE018DCA44087757FC17F192D0168637FAtSubmissionCreationDeviceId
At Submission Filing Device IdA34218FAE018DCA44087757FC17F192D0168637FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,787,359FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$427,766ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$3,423InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,423InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$103,430DividendsRevAndExpnssAmt
Dividends Net Invst Incm$103,430DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$244,015NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$897,907GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$244,015CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$778,634TotalRevAndExpnssAmt
Total Net Invst Incm$350,868TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$25,752OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$19,333OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$6,419OtherProfFeesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$25,752TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$19,333TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,419TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$344,125ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$344,125ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$369,877TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$19,333TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$350,544TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$408,757ExcessRevenueOverExpensesAmt
Net Investment Income$331,535NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$16,696CashBOYAmt
Cash EOY$25,788CashEOYAmt
Cash EOYFMV$25,788CashEOYFMVAmt
Sav And Temp Cash Invst BOY$656,551SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$474,585SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$474,585SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,446,804CorporateStockBOYAmt
Corporate Stock EOY$5,028,435CorporateStockEOYAmt
Corporate Stock EOYFMV$7,286,986CorporateStockEOYFMVAmt
Total Assets BOY$5,120,051TotalAssetsBOYAmt
Total Assets EOY$5,528,808TotalAssetsEOYAmt
Total Assets EOYFMV$7,787,359TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$733,292CapitalStockBOYAmt
Capital Stock EOY$733,292CapitalStockEOYAmt
Additional Paid In Capital BOY$4,386,759AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$4,795,516AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$5,120,051TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,528,808TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,120,051TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,528,808TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,120,051TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$408,757ExcessRevenueOverExpensesAmt
Subtotal$5,528,808SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,528,808TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySchedule 1PropertyDesc
Acquired2018-02-08AcquiredDt
Sold2019-12-17SoldDt
Gross Sales Price$897,907GrossSalesPriceAmt
Cost Or Other Basis$653,892CostOrOtherBasisAmt
Gain Or Loss$244,015GainOrLossAmt
Gains Minus Excess Or Losses$244,015GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$244,015CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$328,431AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$6,334,451NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.051848DistributionYr1Rt
Adjusted Qlfy Distri Yr2$271,126AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$5,746,967NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.047177DistributionYr2Rt
Adjusted Qlfy Distri Yr3$278,045AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$4,684,496NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.059354DistributionYr3Rt
Adjusted Qlfy Distri Yr4$328,953AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$4,931,017NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.066711DistributionYr4Rt
Adjusted Qlfy Distri Yr5$171,031AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$4,334,978NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.039454DistributionYr5Rt
Total Distribution0.264545TotalDistributionRt
Average Distribution0.052909AverageDistributionRt
Net Vl Noncharitable Assets$6,623,459NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$350,441AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$3,315NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$353,756AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$350,544QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,631InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$6,631SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$6,631TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$18,373EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$18,373TotalPaymentsAndCreditsAmt
Overpayment$11,742OverpaymentAmt
Applied To ES Tax$11,742AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCOOrgReportOrRegisterStateCd
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
Individual With BooksPamela G BansbachIndividualWithBooksNm
Phone3033206778PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1650 S Cherry Suite 1005AddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80246ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Pamela G Bansbach
650 S Cherry Suite 1005DenverCO80246President Treasurer20.00$0$0$0
Louis P Bansbach IV
650 South Cherry Suite 1005DenverCO80246Director5.00$0$0$0
Brooke Bansbach Maloy
650 South Cherry Suite 1005DenverCO80246Secretary1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,198,380AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$525,944AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,724,324TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$6,724,324AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$100,865CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,623,459NetVlNoncharitableAssetsAmt
Minimum Investment Return$331,173MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$331,173MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,631TaxBasedOnInvestmentIncomeAmt
Total Tax$6,631TotalTaxAmt
Distributable Before Adj$324,542DistributableBeforeAdjAmt
Distributable Before Ded$324,542DistributableBeforeDedAmt
Distributable As Adjusted$324,542DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$350,544ExpensesAndContributionsAmt
Qualifying Distributions$350,544QualifyingDistributionsAmt
Adjusted Qualifying Distri$350,544AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$324,542DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$87,361ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$44,631ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$13,059ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$145,051TotalExcessDistributionCyovAmt
Qualifying Distributions$350,544QualifyingDistributionsAmt
Applied To Current Year$324,542AppliedToCurrentYearAmt
Remaining Distri From Corpus$26,002RemainingDistriFromCorpusAmt
Total Corpus$171,053TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$171,053ExcessDistriCyovToNextYrAmt
Excess From Year4$87,361ExcessFromYear4Amt
Excess From Year3$44,631ExcessFromYear3Amt
Excess From Year1$13,059ExcessFromYear1Amt
Excess From Current Year$26,002ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerLouis P Bansbach and Pam BansbachContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSchedule 2RecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1Schedule 2AddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80246ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipSchedule 2RecipientRelationshipTxt
Grant Or Contribution PurposeSchedule 2GrantOrContributionPurposeTxt
Amt$344,125Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$344,125TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,424ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$103,430ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$244,015ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$350,869ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$350,869TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
Louis P Bansbach III CLAT 1
1650 S Cherry Street Suite 1005DenverCO80246$213,883Yes (X)
Louis P Bansbach III CLAT 2
2650 S Cherry Street Suite 1005DenverCO80246$213,883Yes (X)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockInvestmentsStockNm
EOY Book Value$5,028,435EOYBookValueAmt
EOYFMV$7,286,986EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Asset Management Fees$19,333$19,333$0$0
Administrative Fees$6,419$0$0$6,419

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.