THE GFC FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE GFC FOUNDATION (EIN 87-0529248)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-12
- IRS object ID
- 201903169349101535
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-12T14:04:37-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | LUNSFORD PECK LLC | 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 | 2018-01-01 | 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 | 5132 N 300 W 200 | AddressLine1Txt |
| City | PROVO | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84604 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL WARE | PersonNm |
| Person Title | FOUNDATION SECRETARY | PersonTitleTxt |
| Phone | 8012248600 | PhoneNum |
| Signature | 2019-10-15 | 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 | 2019-11-12 | 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 | 2019-11-12 | IPDt |
| IP Tm | 14:04:37 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E84FCC113413ACE8FEDAE88E3384774E5952C614 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8EC1D6C4962A88CE255C76002A5470155BD1FB5E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,911,585 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $107,078 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $107,078 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $107,078 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $208,842 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $208,842 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $208,842 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,929,557 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,508,138 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $871,699 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $775,197 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $871,699 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | -$2,741,938 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,091,117 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,187,619 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $68,875 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $34,438 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $34,438 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $34,437 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $6,246 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $3,124 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $3,124 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $3,124 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,060 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,530 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $7,530 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,530 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $530 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $265 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $265 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $265 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,330 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,617 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $20,825 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $2,506 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $387 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $193 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $193 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $14,621 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $7,311 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $7,311 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,311 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $64,884 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $31,145 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $32,878 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $32,670 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $193,933 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $88,623 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $106,564 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $87,843 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,180,278 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,180,278 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,374,211 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $88,623 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $106,564 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,268,121 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,116,149 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,002,494 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,081,055 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $104,728 | CashBOYAmt |
| Cash EOY | $379,859 | CashEOYAmt |
| Cash EOYFMV | $379,859 | CashEOYFMVAmt |
| Other Investments BOY | $24,767,189 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $18,455,122 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,531,726 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,541 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,097 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $831 | LandBOYAmt |
| Land EOY | $444 | LandEOYAmt |
| Total Assets BOY | $24,872,748 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,835,425 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,911,585 | TotalAssetsEOYFMVAmt |
| Deferred Revenue BOY | $317,592 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | -$599,769 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $3,815 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $321,407 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | -$599,769 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $24,551,341 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,435,194 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,551,341 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,435,194 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,872,748 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,835,425 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,551,341 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,116,149 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2 | OtherIncreasesAmt |
| Subtotal | $19,435,194 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $19,435,194 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FEDLITY SHORT TERM | P | 2017-12-29 | 2018-01-09 | $249,307 | $259,553 | -$10,246 | -$10,246 |
| FIDELITY LONG-TERM | P | 2011-01-24 | 2018-12-03 | $1,222,415 | $1,067,374 | $155,041 | $155,041 |
| FIDELITY LONG-TERM | P | 2017-12-30 | 2018-12-31 | $36,416 | $36,416 | $36,416 | |
| PURE PREDICTIVE | P | 2017-12-31 | 2018-10-31 | $4,110,768 | -$4,110,768 | -$4,110,768 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$3,929,557 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,121,014 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $701,754 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $24,497,835 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.028646 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,940,250 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $24,767,189 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.078340 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,962,603 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $27,293,000 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.108548 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,770,261 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $30,432,763 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.091029 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,896,085 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $31,008,611 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.061147 | DistributionYr5Rt |
| Total Distribution | 0.367710 | TotalDistributionRt |
| Average Distribution | 0.073542 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $23,236,419 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,708,853 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $10,025 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,718,878 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,268,121 | 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 | $10,025 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $10,025 | SubtotalAmt |
| Tax Based On Investment Income | $10,025 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,444 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,444 | TotalPaymentsAndCreditsAmt |
| Overpayment | $10,419 | OverpaymentAmt |
| Applied To ES Tax | $10,419 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | DRILLDOWN SOLUTION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8012258474 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5132 N 300 W STE 200 | AddressLine1Txt |
| City | PROVO | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84604 | 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 |
|---|---|---|---|---|---|---|---|---|
| STANFORD SWIM | ||||||||
| 5132 N 300 W STE 200 | PROVO | UT | 84604 | FORMER PRESI | 000.00 | $50,625 | $0 | $0 |
| LAURALYN B SWIM | ||||||||
| 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84602 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| MICHAEL WARE | ||||||||
| 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84602 | FOUNDATION S | 000.00 | $3,000 | $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 | $12,773,577 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $157,081 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $10,978,813 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,909,471 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $319,198 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,590,273 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $353,854 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,236,419 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,161,821 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,161,821 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,025 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,025 | TotalTaxAmt |
| Distributable Before Adj | $1,151,796 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,151,796 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,151,796 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,268,121 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,268,121 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $10,025 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,258,096 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,151,796 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $398,153 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,279,239 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,614,647 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,940,250 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $104,717 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,337,006 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,268,121 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,151,796 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,116,325 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,453,331 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $398,153 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,055,178 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,279,239 | ExcessFromYear4Amt |
| Excess From Year3 | $1,614,647 | ExcessFromYear3Amt |
| Excess From Year2 | $1,940,250 | ExcessFromYear2Amt |
| Excess From Year1 | $104,717 | ExcessFromYear1Amt |
| Excess From Current Year | $1,116,325 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MELANIE HALL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5132 N 300 W STE 200 | AddressLine1Txt |
| City | PROVO | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8012258474 | RecipientPhoneNum |
| Recipient Email Address | MHALL@DRILLDOWNSOLUTION.COM | RecipientEmailAddressTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| FLOW-THROUGH CHARITABLE CONTRIBUTIO | ||||||
| PO BOX 149 | GARDEN CITY | NY | 11530 | GENERAL PURPOSE | $88 | |
| AMERICAN HERITAGE SCHOOLS | ||||||
| 736 N 1100 E | AMERICAN FORK | UT | 84003 | GENERAL PURPOSE | $270,103 | |
| DONORS TRUST | ||||||
| 1800 DIAGONAL RD STE 280 | ALEXANDRIA | VA | 22314 | GENERAL PURPOSE | $150,000 | |
| SUTHERLAND INSTITUTE | ||||||
| 15 W SOUTH TEMPLE STE 200 | SALT LAKE CITY | UT | 84101 | GENERAL PURPOSE | $1,657,500 | |
| FIRST AMERICAN PARTNERSHIP | ||||||
| 881 W STATE RD STE 140 NO | PLEASANT GROVE | UT | 84062 | GENERAL PURPOSE | $5,000 | |
| MARRIAGE LAW FOUNDATION | ||||||
| 1310 L ST NW STE 200 | WASHINGTON | DC | 20005 | GENERAL PURPOSE | $50,000 | |
| THE YOUNIQUE FOUNDATION | ||||||
| 3400 MAYFLOWER AVE | LEHI | UT | 84043 | GENERAL PURPOSE | $2,000 | STE 500 |
| UTAH VALLEY UNIVERSITY | ||||||
| 800 W UNIVERSITY PKWY | OREM | UT | 84058 | GENERAL + UVU SAMOA | $6,787 | |
| BECKET FUND | ||||||
| 1200 NEW HAMPSHIRE AVE NW | WASHINGTON | DC | 20036 | GENERAL PURPOSE | $800 | |
| INSTITUTE FOR FAMILY STUDIES | ||||||
| PO BOX 1502 | CHARLOTTESVILLE | VA | 22902 | GENERAL PURPOSE | $38,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,180,278 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $107,078 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $208,842 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 551112 | BusinessCd |
| Unrelated Business Taxbl Incm | $96,502 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $775,197 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$3,929,557 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $96,502 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $315,920 | ExclusionAmt |
| Related Or Exempt Function Incm | -$3,154,360 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$2,741,938 | 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 | $15,060 | Amt |
| Net Investment Income | $7,530 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $7,530 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,530 | 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 | $6,260 | 200DB | 7.0000 | $349 | $174 | $174 |
| DESK CHAIR | 2016-02-17 | $508 | $375 | 200DB | 7.0000 | $38 | $19 | $19 |
| OFFICE FURNITURE | 2006-07-01 | $1,075 | $1,075 | 200DB | 7.0000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MANAGED ACCOUNTS | AT COST | $11,243,248 | $7,162,603 |
| BRIDGE MULTIFAMILY & COMMERCIAL | AT COST | $3,244 | |
| PRIVATE HOLDINGS | AT COST | $7,208,630 | $11,369,123 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $8,541 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $8,097 | AccumulatedDepreciationAmt |
| Book Value | $444 | BookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | $8,845 | $4,422 | $4,422 | $4,422 |
| BANK CHARGES | $44,492 | $22,460 | $22,460 | $22,460 |
| CONVENTIONS & SEMINARS | $5,065 | $2,533 | $2,533 | $2,533 |
| DUES & SUBSCRIPTIONS | $22 | $11 | $11 | $11 |
| OFFICE SUPPLIES | $857 | $429 | $429 | $429 |
| POSTAGE & FREIGHT | $36 | $18 | $18 | $18 |
| MEALS | $871 | $218 | $653 | $453 |
| EVENTS | $150 | $75 | $75 | |
| PAYROLL ADJUSTMENTS | $1,592 | $796 | $796 | $796 |
| NONDEDUCTIBLE | $2,446 | $1,223 | $1,223 | |
| MISCELLANEOUS EXPENSE | $500 | $250 | $250 | $250 |
| INVESTMENT FEES | $8 | $8 | $8 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ACCOUNTING ADJUSTMENTS | $204,549 | $204,549 | $204,549 |
| PARTNERSHIP INCOME | $570,648 | $570,648 | $570,648 |
| PARTNERSHIP INCOME | $96,502 | $96,502 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $3,815 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $530 | Amt |
| Net Investment Income | $265 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $265 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $265 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROPERTY TAX | $5,011 | $2,506 | $2,506 | $2,506 |
| FOREIGN TAX | $2,111 | $2,111 | $2,111 | |
| FEDERAL TAXES | $16,208 | $16,208 |
Comments