THE GFC FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE GFC FOUNDATION (EIN 87-0529248)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-20
- IRS object ID
- 202042949349100874
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-20T12:44:26-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770645435 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRILLDOWN SOLUTION | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5132 N 300 W 200 | AddressLine1Txt |
| City | PROVO | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870529248 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GFC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GFCF | BusinessNameControlTxt |
| Phone | 8012258474 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 EAST MAIN STREET SUITE 122 | AddressLine1Txt |
| City | AMERICAN FORK | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL WARE | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8013859564 | PhoneNum |
| Signature | 2020-09-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN NANCE CPA | PreparerPersonNm |
| PTIN | P01764708 | PTIN |
| Phone | 8012258474 | PhoneNum |
| Preparation | 2020-10-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 65.181.60.205 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-20 | IPDt |
| IP Tm | 12:44:26 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E84FCC113413ACE8FEDAE88E3384774E5952C614 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DEC0230638C9EC339E03696BBCBE49B4010854D7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,539,939 | 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 | $10,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $17,368 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17,368 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $17,368 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $197,699 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $197,699 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $197,699 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $986,668 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,658,812 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $990,823 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $10,420 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $8,071 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,071 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $8,071 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,219,806 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,213,961 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $233,558 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $11,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $5,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $5,500 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $5,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,294 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $14,147 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $14,147 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $14,147 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $44,967 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,329 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $44,967 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $376 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $189 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $189 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $1,000 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $500 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $500 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $500 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,332 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $3,166 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $3,166 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,166 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $49,673 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $23,270 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $23,270 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $26,405 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $141,642 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $50,101 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $91,739 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $49,718 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,730,288 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,730,288 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,871,930 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $50,101 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $91,739 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,780,006 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,652,124 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,163,860 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $141,819 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $379,859 | CashBOYAmt |
| Cash EOY | $154,494 | CashEOYAmt |
| Cash EOYFMV | $154,494 | CashEOYFMVAmt |
| Other Investments BOY | $18,455,122 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $18,193,211 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,385,445 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,541 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,473 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $444 | LandBOYAmt |
| Land EOY | $68 | LandEOYAmt |
| Total Assets BOY | $18,835,425 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,347,773 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,539,939 | TotalAssetsEOYFMVAmt |
| Deferred Revenue BOY | -$599,769 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $564,701 | DeferredRevenueEOYAmt |
| Total Liabilities BOY | -$599,769 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $564,701 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $19,435,194 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,783,072 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,435,194 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,783,072 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,835,425 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,347,773 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,435,194 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,652,124 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2 | OtherIncreasesAmt |
| Subtotal | $17,783,072 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $17,783,072 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| CARTER VALIDUS MISSION CRITICAL | P | 2018-01-01 | 2019-10-04 | $163,346 | $163,346 | $163,346 | |
| FIDELITY ST - 1628 | P | 2018-12-27 | 2019-09-13 | $100,038 | -$4,118 | -$4,118 | $104,156 |
| FIDELITY LT - 1628 | P | 2010-01-06 | 2019-11-26 | $1,832,293 | $506,543 | $506,543 | $1,325,750 |
| FIRST EAGLE OVERSEAS CLASS I, SGOIX | P | 2019-01-01 | 2019-03-29 | $718 | $718 | $718 | |
| FIDELITY ST - 8788 | P | 2018-12-12 | 2019-11-27 | $678,488 | $13,820 | $13,820 | $664,668 |
| FIDELITY LT - 8788 | P | 2013-12-12 | 2019-12-26 | $2,874,083 | $78,712 | $78,712 | $2,795,371 |
| GRIFFIN CAPITAL ESSENTIAL ASSET E | P | 2019-01-01 | 2019-12-31 | $2,374 | $2,374 | $2,374 | |
| GRIFFIN CAPITAL ESSENTIAL ASSET E | P | 2014-04-21 | 2019-12-31 | $810,086 | $82,914 | $82,914 | $727,172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $990,823 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $10,420 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,258,096 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $23,236,419 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.097179 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $701,754 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $24,497,835 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.028646 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,940,250 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $24,767,189 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.078340 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,962,603 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $27,293,000 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.108548 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,770,261 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $30,432,763 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.091029 | DistributionYr5Rt |
| Total Distribution | 0.403742 | TotalDistributionRt |
| Average Distribution | 0.080748 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,670,460 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,426,854 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $11,639 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,438,493 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,780,006 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $11,639 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,639 | SubtotalAmt |
| Tax Based On Investment Income | $11,639 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,664 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $4,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $14,664 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,025 | OverpaymentAmt |
| Applied To ES Tax | $3,025 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GFC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8013108570 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 E MAIN ST STE 122 | AddressLine1Txt |
| City | AMERICAN FORK | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84003 | 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| LAURALYN B SWIM | ||||||||
| 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84602 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| BRENT MCKINLEY | ||||||||
| 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84602 | DIRECTOR | 000.00 | $11,000 | $0 | $0 |
| MICHAEL WARE | ||||||||
| 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84602 | SECRETARY | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,106,383 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $267,176 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,217,783 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,591,342 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $651,789 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,939,553 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $269,093 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,670,460 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $883,523 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $883,523 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,639 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,639 | TotalTaxAmt |
| Distributable Before Adj | $871,884 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $871,884 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $871,884 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,780,006 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,780,006 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $11,639 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,768,367 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $871,884 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,279,239 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,614,647 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,940,250 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $104,717 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,116,325 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,055,178 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,780,006 | QualifyingDistributionsAmt |
| Applied To Current Year | $871,884 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,908,122 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,963,300 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,279,239 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,684,061 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,614,647 | ExcessFromYear4Amt |
| Excess From Year3 | $1,940,250 | ExcessFromYear3Amt |
| Excess From Year2 | $104,717 | ExcessFromYear2Amt |
| Excess From Year1 | $1,116,325 | ExcessFromYear1Amt |
| Excess From Current Year | $1,908,122 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|
| FLOW-THROUGH CHARITABLE CONTRIBUTIO | |||||||
| PO BOX 149 | GARDEN CITY | NY | 11530 | GENERAL PURPOSE | $49 | ||
| AMERICAN HERITAGE SCHOOLS | |||||||
| 736 N 1100 E | AMERICAN FORK | UT | 84003 | GENERAL PURPOSE | $1,350,239 | ||
| SUTHERLAND INSTITUTE | |||||||
| 15 W SOUTH TEMPLE STE 200 | SALT LAKE CITY | UT | 84101 | GENERAL PURPOSE | $1,310,000 | ||
| MARRIAGE LAW FOUNDATION | |||||||
| 1310 L ST NW STE 200 | WASHINGTON | DC | 20005 | GENERAL PURPOSE | $40,000 | ||
| THE YOUNIQUE FOUNDATION | |||||||
| 3400 MAYFLOWER AVE | LEHI | UT | 84043 | GENERAL PURPOSE | $4,000 | STE 500 | |
| INSTITUTE FOR FAMILY STUDIES | |||||||
| PO BOX 1502 | CHARLOTTESVILLE | VA | 22902 | GENERAL PURPOSE | $10,000 | ||
| LIAHONA PREPARATORY ACADEMY | |||||||
| 2464 W 450 S | PLEASANT GROVE | UT | 84062 | GENERAL PURPOSE | $1,000 | ||
| UTAH EAGLE FORUM EDUCATION FUND | |||||||
| 5882 W 9600 N | HIGHLAND | UT | 84003 | GENERAL PURPOSE | $10,000 | ||
| THE RONALD REAGAN PRESIDENTIAL | |||||||
| 40 PRESIDENTIAL DRIVE | SIMI VALLEY | CA | 93065 | GENERAL PURPOSE | $1,000 | FOUNDATION AND INSTITUTE | |
| MOUNT VERNON LADIES' ASSOCIATION | |||||||
| 3200 MOUNT VERNON | MOUNT VERNON | VA | 22121 | GENERAL PURPOSE | $1,000 | MEMORIAL HIGHWAY | |
| FREEDOMS FOUNDATION AT VALLEY FORGE | |||||||
| 1601 VALLEY FORGE RD | VALLEY FORGE | PA | 19482 | GENERAL PURPOSE | $2,000 | ||
| PHILANTHROPY ROUNDTABLE | |||||||
| 1120 20TH STREET NW | WASHINGTON | DC | 20036 | GENERAL PURPOSE | $1,000 | SUITE 550 SOUTH | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,730,288 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,368 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $197,699 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $8,071 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $305 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $986,363 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $305 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $215,067 | ExclusionAmt |
| Related Or Exempt Function Incm | $994,434 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,209,806 | TotalIncomeProducingActyAmt |
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) |
|---|---|---|
| Amt | $28,294 | Amt |
| Net Investment Income | $14,147 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,147 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $14,147 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| OFFICE CABINETS | 2013-04-24 | $6,958 | $6,609 | 200DB | 7.0000 | $349 | $175 | $175 |
| DESK CHAIR | 2016-02-17 | $508 | $413 | 200DB | 7.0000 | $27 | $14 | $14 |
| OFFICE FURNITURE | 2006-07-01 | $1,075 | $1,075 | 200DB | 7.0000 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| DEAN FOODS CO NEW CO M NEW | 2001-05 | PURCHASE | 2019-03 | $3,099 | $18,420 | -$15,321 |
| 1202 STOCK GAIN (EIN: 45-3327533) | 2012-12 | PURCHASE | 2019-12 | $47,468 | $47,468 | |
| ST FROM EIN 45-3150121 | 2019-01 | PURCHASE | 2019-12 | $2,055 | -$2,055 | |
| LT FROM EIN 45-3327533 | 2018-12 | PURCHASE | 2019-12 | $6,819 | -$6,819 | |
| LT FROM EIN 45-3150121 | 2018-12 | PURCHASE | 2019-12 | $27,733 | -$27,733 | |
| LONG-TERM GAIN/LOSS FROM PASS-THROUGH ENTITY | $305 | $305 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MANAGED ACCOUNTS | AT COST | $10,969,519 | $9,504,692 |
| BRIDGE MULTIFAMILY & COMMERCIAL | AT COST | ||
| PRIVATE HOLDINGS | AT COST | $7,223,692 | $8,880,753 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $8,541 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $8,473 | AccumulatedDepreciationAmt |
| Book Value | $68 | BookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK CHARGES | $44,049 | $22,025 | $22,025 | $22,025 |
| REIMBURSEMENTS (PENALTIES & F | $750 | $375 | $375 | $375 |
| DUES & SUBSCRIPTIONS | $1,208 | $604 | $604 | $604 |
| OFFICE SUPPLIES | $336 | $168 | $168 | $168 |
| NONDEDUCTIBLE | $195 | $98 | $98 | $98 |
| PHILANTHROPY ROUNDTABLE | $3,135 | $3,135 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP INCOME | $35,285 | $35,285 | $35,285 |
| PARTNERSHIP INCOME | -$27,214 | -$27,214 | -$27,214 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FOREIGN TAX | $3,329 | $3,329 | $3,329 |
| STATE TAX | $105 | $105 | |
| FEDERAL TAXES | $41,533 | $41,533 |
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