CHALLENGE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CHALLENGE FOUNDATION (EIN 58-1817816)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349105804
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T15:29:44-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 571157523 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APRIO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 CONCOURSE PARKWAY SUITE 1000 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | 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 | 581817816 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHALLENGE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAL | BusinessNameControlTxt |
| Phone | 4048929651 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14550 SW HAZELTREE TER | AddressLine1Txt |
| City | TIGARD | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97224 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL REINSTADLER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4048929651 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT GREENBERGER | PreparerPersonNm |
| PTIN | P00311175 | PTIN |
| Phone | 4048929651 | PhoneNum |
| Preparation | 2020-11-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.87.238.180 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 12:37:17 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 78ECE2F634B7F214ADD844B4D499D063920045B4 | 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 | $6,868,105 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $589,677 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $30,012 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $30,012 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$326,558 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$32,249 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$32,249 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $260,882 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | -$2,237 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $132,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,418 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,763 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $18,763 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $11,114 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $8,268 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,458 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $178,021 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,763 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,398,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,398,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,576,021 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,763 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,398,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,315,139 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $356,234 | CashBOYAmt |
| Cash EOY | $109,059 | CashEOYAmt |
| Cash EOYFMV | $109,059 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,185,838 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,497,019 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,497,019 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $779,584 | AcctRcvblAmt |
| Acct Rcvbl BOY | $779,584 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $779,584 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $779,584 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $22,801 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $18,976 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $18,976 | PrepaidExpensesEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,208,699 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $60,779 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,147,920 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,147,920 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,147,920 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $5,081,363 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,116,075 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,116,075 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $199,672 | OtherAssetsBOYAmt |
| Other Assets EOY | $199,472 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $199,472 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,773,412 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,868,105 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,868,105 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,172 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,067 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $462,095 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $294,518 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $463,267 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $295,585 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,310,145 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,572,520 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,310,145 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,572,520 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,773,412 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,868,105 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,310,145 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,315,139 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,995,006 | SubtotalAmt |
| Other Decreases | $422,486 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,572,520 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | GAIN LOSS FROM K-1 INVESTMENTS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Cost Or Other Basis | $326,558 | CostOrOtherBasisAmt |
| Gain Or Loss | -$326,558 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$326,558 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$326,558 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,728,920 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,475,760 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.321968 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,346,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,547,635 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.140977 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,689,610 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,486,851 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.495315 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,735,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $15,674,547 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.238284 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $8,324,734 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $14,508,984 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.573764 | DistributionYr5Rt |
| Total Distribution | 1.770308 | TotalDistributionRt |
| Average Distribution | 0.354062 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,355,593 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,250,274 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,250,274 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,398,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,976 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $18,976 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $18,976 | OverpaymentAmt |
| Applied To ES Tax | $18,976 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.CHALLENGEFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 4048929651 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIVE CONCOURSE PARKWAY SUITE 1000 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARTHA BRYAN | ||||||||
| PO BOX 1929 | LAKE OSWEGO | OR | 97035 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| CHERYL REINSTADLER | ||||||||
| FIVE CONCOURSE PARKWAY STE 1000 | ATLANTA | GA | 30328 | EXECUTIVE DIRECTOR | 40.00 | $132,000 | $0 | $0 |
| RUPPERT REINSTADLER | ||||||||
| FIVE CONCOURSE PARKWAY STE 1000 | ATLANTA | GA | 30328 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,098,719 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,574,075 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $779,585 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,452,379 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,452,379 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $96,786 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,355,593 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $317,780 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $317,780 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $317,780 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $317,780 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $317,780 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,398,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,398,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,398,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $317,780 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $7,642,117 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,991,718 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $5,137,047 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $876,643 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,309,098 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,956,623 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,398,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $317,780 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,080,220 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $20,036,843 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $7,642,117 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $12,394,726 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,991,718 | ExcessFromYear4Amt |
| Excess From Year3 | $5,137,047 | ExcessFromYear3Amt |
| Excess From Year2 | $876,643 | ExcessFromYear2Amt |
| Excess From Year1 | $2,309,098 | ExcessFromYear1Amt |
| Excess From Current Year | $1,080,220 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE CHALLENGE FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 PRESTON ROAD 267 | AddressLine1Txt |
| City | PLANO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75093 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9728673265 | RecipientPhoneNum |
| Form And Info And Materials | REVIEW THE GRANTMAKING GUIDELINES ON THE FOUNDATION'S WEBSITE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THERE ARE NO FIXED DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ACTION ACADEMY | ||||||
| 2737 DEVONSHIRE PL NW 425 | WASHINGTON | DC | 20008 | PC | SUPPORT OF CHILDREN'S BUSINESS FAIR | $50,000 |
| CASCADE POLICY INSTITUTE | ||||||
| 4850 SW SCHOLLS FERRY RDSUITE 103 | PORTLAND | OR | 97225 | PC | SUPPORT OF ESA PROJECT & CSP EFFORTS | $35,000 |
| CORE KNOWLEDGE FOUNDATION | ||||||
| 801 EAST HIGH STREET | CHARLOTTESVILLE | VA | 22902 | PC | SUPPORT FOR CKSCI MODULES AND CK ASSESSMENT | $65,000 |
| EDCHOICE | ||||||
| 111 MONUMENT CIRCLE SUITE 2650 | INDIANAPOLIS | IN | 46250 | PC | ABC'S OF SCHOOL CHOICE & MILITARY SURVEY | $70,000 |
| EDISON HIGH SCHOOL | ||||||
| 9020 SW BEAVERTON HILLSDALE HWY | PORTLAND | OR | 97225 | PC | SUPPORT FOR THE UPDATE OF TECHNOLOGY AT THE HS | $50,000 |
| GENERATION JUSTICE | ||||||
| 3900 EAST CAMELBACK RD SUITE 300 | PHOENIX | AZ | 85018 | PC | TRANSFORMING "A MOMENT INTO A MOVEMENT" PROJECT | $75,000 |
| GOLDWATER INSTITUTE | ||||||
| 500 E CORONADO RD | PHOENIX | AZ | 85004 | PC | LEVERAGE GRANT FOR "30 FOR 30" CAMPAIGN | $125,000 |
| HERITAGE FOUNDATION | ||||||
| 214 MASSACHUSETTS AVE NE | WASHINGTON | DC | 20002 | PC | MILITARY ESA LEGISLATION & FREE SPEECH EFFORTS | $100,000 |
| LIBERTY JUSTICE CENTER | ||||||
| 190 SOUTH LASALLE ST SUITE 1500 | CHICAGO | IL | 60603 | PC | ADVANCING LITIGATION ON BEHALF OF FREEDOM & EDUCATION REFORM | $25,000 |
| MANHATTAN INSTITUTE FOR POLICY RESEARCH | ||||||
| 52 VANDERBILT AVE | NEW YORK | NY | 10017 | PC | PROJECTS RELATING TO THE PROMOTION OF CAPITALISM, ENTREPRENEURIALISM & VOCATIONAL EDUCATION | $50,000 |
| MOVING PICTURE INSTITUTE | ||||||
| 375 GREENWICH ST | NEW YORK | NY | 10013 | PC | PRODUCTION OF MISS VIRGINIA DOCUMENTARY & FI$H PROGRAM | $150,000 |
| MT VERNON LADIES' ASSOCIATION OF THE UNION | ||||||
| PO BOX 110 | MOUNT VERNON | VA | 22121 | PC | TEACHER INSTITUTE RESIDENTIAL PROGRAM, BE WASHINGTON | $82,000 |
| PACIFIC RESEARCH INSTITUTE | ||||||
| 101 MONTGOMERY ST SUITE 1300 | SAN FRANCISCO | CA | 94104 | PC | OUTREACH, BOOK OF LANCE IZUMI | $41,000 |
| PARENTS FOR EDUCATIONAL FREEDOM IN NC (PEFNC) | ||||||
| 434 FAYETVILLE ST SUITE 1620 | RALEIGH | NC | 27518 | PC | SCHOOL CHOICE SCHOLARSHIP IMPLEMENTATION NC SCHOOL ACCELERATOR PROGRAM | $100,000 |
| STATE POLICY NETWORK | ||||||
| 1655 NORTH FORT MYER DR SUITE 360 | ARLINGTON | VA | 22209 | PC | EFFORTS OF WORKPLACE FREEDOM COALITION | $50,000 |
| VETERAN'S LEGACIES | ||||||
| 15067 SW CABERNET DR | TIGARD | OR | 97224 | PC | EXPANSION OF THE MIGHTY ENDEAVOR PROJECT | $30,000 |
| YMCA OF COLUMBIA-WILLAMETTE | ||||||
| 3001 SE OXBOW PARKWAY | GRESHAM | OR | 97080 | PC | CAMP SUPPORT FOR KIDS & IMPROVEMENT TO CAMP TRAILS | $50,000 |
| YOUNG AMERICAN'S FOUNDATION | ||||||
| 11480 COMMERCE PARK DRIVE 6TH FLOOR | RESTON | VA | 20191 | PC | ONGOING AND EXPANDED SUPPORT FOR HS CONFERENCES | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,398,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,012 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$326,558 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT INCOME FROM K-1'S | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$32,249 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$328,795 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$328,795 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11A | OTHER INVESTMENT INCOME |
| 11B | K-1 INVESTMENT INCOME |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN AND MARTHA BRYAN | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1929 | AddressLine1Txt |
| City | LAKE OSWEGO | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $589,677 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $18,763 | Amt |
| Net Investment Income | $18,763 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $3,116,075 | BookValueAmt |
| EOYFMV | $3,116,075 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,418 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RENT DEPOSIT | $916 | $716 | $716 |
| COMPAS LEARNING DEPOSIT | $198,756 | $198,756 | $198,756 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $422,486 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE | $539 | $0 | $0 | $0 |
| OFFICE EXPENSE | $300 | $0 | $0 | $0 |
| MISCELLANEOUS | $2,619 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT INCOME FROM K-1'S | Desc |
| Revenue And Expenses Per Books | -$32,249 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$32,249 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS - CAPITAL CALLS | Desc |
| BOY Book Value | $462,095 | BOYBookValueAmt |
| EOY Book Value | $294,518 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $3,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $11,114 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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