2019-11-14T14:40:07-08:00 2018-12-31 990PF 2018-01-01 463784084 Beverley Taylor Sorenson Foundation BEVE 8014901013 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 James Lee Sorenson Director 2019-11-14 2018 2020-03-31 21:24:44Z X X 24291407 X 2013368 709681 636978 1821416 12840773 1749241 -3754 4544465 2382465 11690 107571 107571 29928 1429 1493 150682 109000 0 1214812 1214812 1365494 109000 1214812 3178971 2273465 3613 5611 5611 995847 2792195 2792195 100720 1392262 1392262 20459350 16793233 16793233 1372869 838874 838874 2018558 2466856 2469232 24950957 24289031 24291407 0 X 24950957 24289031 24950957 24289031 24950957 24289031 24950957 3178971 28129928 3840897 24289031 Publicly traded securities P 11849512 10141532 1707980 1707980 LP interest P 2015-03-01 2018-01-22 550875 500000 50875 50875 LP interest P 2015-03-01 2018-01-29 440386 450000 -9614 -9614 1749241 false 687600 23542607 0.02921 40000 21066971 0.00190 838550 22773326 0.03682 557257 1932399 0.28838 0.356304 0.089076 25327134 2256040 22735 2278775 1214812 45469 45469 45469 28651 20000 48651 X 6 3176 3176 false false false false false false false false true true UT true false false false false true N/A James Lee Sorenson 8014901013 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 false false false true true false false false false false false false false false false false false false false false false false false false false false false James Lee Sorenson 299 S Main Street Suite 2200 Salt Lake City UT 84111 Director 1.00 0 Joan Fenton 299 S Main Street Suite 2200 Salt Lake City UT 84111 Director 1.00 0 Joseph Sorenson 299 S Main Street Suite 2200 Salt Lake City UT 84111 Director 1.00 0 NONE Sepio Capital 50 California Street Suite 3525 San Francisco CA 94111 Investment advice 107401 23238775 1267079 1206972 25712826 0 25712826 385692 25327134 1266357 1266357 45469 45469 1220888 1220888 1220888 1214812 1214812 1214812 1220888 1156430 1214812 1156430 0 58382 1162506 X University of Utah 1395 Presidents Circle Salt Lake City UT 84112 None GOV Opportunity Zone awards 300000 Brigham Young University 1450 N University Ave Provo UT 84604 None PC School of Music concert series 7312 Governor's Mansion Foundation 603 E South Temple Salt Lake City UT 84102 None PC Art series 15000 Hale Center Theater 3333 S Decker Lake Dr Salt Lake City UT 84119 None PC Access to arts education 30000 American Indian Services 3115 E Lion Ln Suite 320 Cottonwood Heights UT 84121 None PC AIS scholarship program 100000 Junior Achievement of Utah 515 South 700 East Suite 1F Salt Lake City UT 84102 None PC Whole school funding for JA education 12500 Utah Chamber Artists 11640 Littler Rd Sandy UT 84092 None PC Concert series 100000 Utah Food Bank 3150 S 900 W Salt Lake City UT 84119 None PC Mobile school pantry 25000 The Leonardo 209 East 500 South Salt Lake City UT 84111 None PC General support 25000 Intermountain Healthcare Foundation 1034 N 500 W Provo UT 84604 None PC Hospital construction 300000 Great Salt Lake Council 525 Foothill Drive Salt Lake City UT 84113 None PC Construction of shooting complex 300000 1214812 14 709681 18 1821416 Passthru investments 14 2531097 2531097 false false false false false false false false false true Friends of Art Works 501(c)(4) Beverley Taylor Sorenson Foundation shares common directors with Friends of Art Works for Kids. X X 1 Beverley Sorenson Revocable Trust 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 2013368 X Accounting 11690 0 0 0 Sepio Capital Sepio Capital receives compensation for managing the Foundation's investment portfolio. Comcast Corp GLB Jul 2019 46813 46813 Morgan Stanley GLB May 2019 46121 46121 AT&T Note Nov 2025 24814 24814 Abbvie Inc Note April 2021 24489 24489 American Express Note Feb 2020 44841 44841 Apple Inc Note Dec 2022 44904 44904 Bank America Note April 2024 45699 45699 Boston PPTYS LTD Note Nov 2023 10122 10122 CVS Health Corp Note Jan 2025 25024 25024 Citigroup Inc Note 27882 27882 Deere John Cap Corp Note Mar 2023 44400 44400 General Mills Inc Note Sep 2023 25044 25044 Goldman Sachs Note Apr 2021 29216 29216 Home Depot Note Jun 2025 44872 44872 JP Morgan Chase Note Oct 2026 41891 41891 Sanofi Note Mar 2021 30989 30989 Schlumberger SA Note Dec 2023 40312 40312 Statoil Note Jan 2023 39311 39311 Toronto-Dominion Bank Note Dec 2020 44609 44609 Total Capital SA Note June 2020 45963 45963 UnitedHealth Group Note Dec 2021 40021 40021 Verizon Inc Note Sep 2023 26988 26988 Westpac BKG Corp Note Nov 2020 44549 44549 Corporate Stocks (see stmt) 16793233 16793233 872313 872313 519949 519949 ML Private Equity Investments FMV 708177 708177 Private Equity Investment AT COST 408679 500719 Private Equity Investment FMV 750000 750000 Private Equity Investment FMV 600000 510336 Insurance 1477 Office expenes 16 Management Fees 107571 107571 0 0 Federal taxes 28499 Foreign taxes 1429 1429