BETA

ACKERMAN FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
ACKERMAN FOUNDATION INC (EIN 58-2284728)
Tax period
2017-12-01 to 2018-11-30
Filed
2019-01-10
IRS object ID
201920109349100012
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-01-10T11:07:10-06:00ReturnTs
Tax Period End2018-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112973036PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHALIK MORRIS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CROSSWAYS PK DR WESTAddressLine1Txt
CityWOODBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11797ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582284728EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACKERMAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACKEBusinessNameControlTxt
Phone8006629595PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 CHERRY HILLS PARK DRIVEAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80113ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL ACKERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8006629595PhoneNum
Signature2019-01-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCLIFFORD R WASSERMAN CPAPreparerPersonNm
PTINP01341106PTIN
Phone5163388700PhoneNum
Preparation2019-01-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address47.19.78.26IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-01-10IPDt
IP Tm08:28:50IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id06D27B243AB9B2DF121A14F78A867255EE68F95EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,227,585FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,035,086ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$504InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$504InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$90,231DividendsRevAndExpnssAmt
Dividends Net Invst Incm$90,231DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$37,702NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$41,814GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$37,702CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,163,523TotalRevAndExpnssAmt
Total Net Invst Incm$128,437TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,750AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,750AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$11,233OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$10,715OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$12,983TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,465TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$316,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$316,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$328,983TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,465TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$316,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$834,540ExcessRevenueOverExpensesAmt
Net Investment Income$115,972NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$148,847CashBOYAmt
Cash EOY$124,300CashEOYAmt
Cash EOYFMV$124,300CashEOYFMVAmt
Other Investments BOY$3,244,198OtherInvestmentsBOYAmt
Other Investments EOY$4,103,285OtherInvestmentsEOYAmt
Other Investments EOYFMV$4,103,285OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,393,045TotalAssetsBOYAmt
Total Assets EOY$4,227,585TotalAssetsEOYAmt
Total Assets EOYFMV$4,227,585TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$36,454CapitalStockBOYAmt
Capital Stock EOY$36,454CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$3,356,591RetainedEarningBOYAmt
Retained Earning EOY$4,191,131RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,393,045TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,227,585TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,393,045TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,227,585TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,393,045TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$834,540ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$4,227,585SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,227,585TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmt
VARIOUS TRADESP2017-10-312018-11-30$4,968$4,968
VARIOUS TRADESP2018-01-012018-11-30-$9,080-$9,080
CAPITAL GAINS DIVIDENDSP$41,814$41,814$41,814
FieldValueIRS element (for citing)
Capital Gain Net Income$37,702CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$330,494AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,939,095NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.112448DistributionYr1Rt
Adjusted Qlfy Distri Yr2$105,593AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,221,508NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.047532DistributionYr2Rt
Adjusted Qlfy Distri Yr3$97,600AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,427,401NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.068376DistributionYr3Rt
Adjusted Qlfy Distri Yr4$64,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$746,447NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.085740DistributionYr4Rt
Adjusted Qlfy Distri Yr5$0AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$201,547NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.000000DistributionYr5Rt
Total Distribution0.314096TotalDistributionRt
Average Distribution0.062819AverageDistributionRt
Net Vl Noncharitable Assets$3,753,161NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$235,770AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,160NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$236,930AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$316,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,160InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,160SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,160TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$21EsPenaltyAmt
Tax Due$1,181TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHANDELLE VENTURES INCIndividualWithBooksNm
Phone8006629595PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line115 CHERRY HILLS PARK DRIVEAddressLine1Txt
CityCHERRY HILLS VILLAGECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80113ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL A ACKERMAN
15 CHERRY HILLS PARK DRIVECHERRY HILLS VILLAGECO80110PRESIDENT & DIRECTOR1.00$0$0$0
STEVEN J ACKERMAN
1355 HILLVIEW DRIVEMENLO PARKCA94025DIRECTOR0.00$0$0$0
CHERILYN LAWRENCE
159 E WALTON PLACEUNIT 14CDCHICAGOIL60611DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,673,742AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$136,574AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,810,316TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,810,316AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$57,155CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,753,161NetVlNoncharitableAssetsAmt
Minimum Investment Return$187,658MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$187,658MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,160TaxBasedOnInvestmentIncomeAmt
Total Tax$1,160TotalTaxAmt
Distributable Before Adj$186,498DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$186,498DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$186,498DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$316,000ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$316,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,160PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$314,840AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$186,498DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$22,010ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$26,400ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$184,551ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$232,961TotalExcessDistributionCyovAmt
Qualifying Distributions$316,000QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$186,498AppliedToCurrentYearAmt
Remaining Distri From Corpus$129,502RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$362,463TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$362,463ExcessDistriCyovToNextYrAmt
Excess From Year4$22,010ExcessFromYear4Amt
Excess From Year3$26,400ExcessFromYear3Amt
Excess From Year1$184,551ExcessFromYear1Amt
Excess From Current Year$129,502ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHAEL ACKERMANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line115 CHERRY HILLS PARK DRIVEAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80113ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8006629595RecipientPhoneNum
Form And Info And MaterialsA PROPOSAL WHICH, IN THE OPINION OF THE SELECTION COMMITTEE, WILL PRODUCE AN IMPROVEMENT IN THE QUALITY OF AN EDUCATIONAL CIRRICULUM OR SYSTEM WITHIN THE U.S. SCHOOL SYSTEM (GRADES K-12) AND WHICH WILL PRODUCE A SIGNIFICANT POSITIVE CHANGE IN THE QUALITY OF EDUCATION FOR GRADES K-12.FormAndInfoAndMaterialsTxt
Submission DeadlinesAPPLICATIONS MUST BE SUBMITTED BY JULY 1ST EACH YEAR.SubmissionDeadlinesTxt
Restrictions On AwardsSEE ITEM 2(B) ABOVE.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ACE SCHOLARSHIPS
1201 EAST COLFAX AVENUEDENVERCO80218NONETO FURTHER EXEMPT PURPOSE$10,000
ALMOST HOME KIDS
211 E GRAND AVENUECHICAGOIL60611NONETO FURTHER EXEMPT PURPOSE$10,000
ARRUPE JESUIT HIGH SCHOOL
4343 UTICA STREETDENVERCO80212NONETO FURTHER EXEMPT PURPOSE$20,000
BOYS AND GIRLS CLUB OF METRO DENVER
2017 W 9TH AVENUEDENVERCO80204NONETO FURTHER EXEMPT PURPOSE$10,000
CHICAGO LIGHTHOUSE
1850 W ROOSEVELT ROADCHICAGOIL60608NONETO FURTHER EXEMPT PURPOSE$10,000
CHICAGO SCHOLARS
247 S STATE STREETCHICAGOIL60604NONETO FURTHER EXEMPT PURPOSE$15,000
CHILD ADVOCATES OF SILICON VALLEY
509 VALLEY WAYMILPITASCA95035NONETO FURTHER EXEMPT PURPOSE$10,000
COURT APPOINTED SPECIAL ADVOCATES OF COOK COUNTY
1100 S HAMILTONCHICAGOIL60612NONETO FURTHER EXEMPT PURPOSE$10,000
DISABLED SPORTS USA
451 HUNGERFORD DRIVEROCKVILLEMD20850NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
DOCTORS WITHOUT BORDERS
33 SEVENTH AVENUENEW YORKNY10001NONETO FURTHER EXEMPT PURPOSE$10,000
FLORENCE CRITTENTON SERVICES
96 S ZUNI STREETDENVERCO80223NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$20,000
HAVE DREAMS
515 BUSSE HIGHWAYPARK RIDGEIL60068NONETO FURTHER EXEMPT PURPOSE$10,000
IGNITE ADAPTIVE SPORTS
PO BOX 19016BOULDERCO80308NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$5,000
JUVENILE PROTECTIVE ASSOCIATION
1707 N HALSTED STREETCHICAGOIL60614NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$15,000
LITERATURE FOR ALL OF US
5940 SHERIDAN ROADCHICAGOIL60660NONETO FURTHER EXEMPT PURPOSE$15,000
MAGICAL BRIDGE FOUNDATION
654 GILMAN STREETPALO ALTOCA94301NONETO FURTHER EXEMPT PURPOSE$10,000
NEIGHBORHOOD OUTREACH OF COLORADO
9371 WIGHAM STREETTHORNTONCO80229NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$1,000
OPERATION HOMEFRONT
3726 EAST PIKES PEAK AVECOLORADO SPRINGSCO80909NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
PASS WITH FLYING COLORS
4300 KNOX AVENUECHICAGOIL60641NONETO FURTHER EXEMPT PURPOSE$10,000
SECOND HARVEST FOOD BANK
750 CURTNER AVENUESAN JOSECA95125NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
TEAM RED WHITE AND BLUE
1110 WEST PLATT STREETTAMPAFL33606NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
TEAM RUBICON
6171 CENTURY BLVDLOS ANGELESCA90045NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
WELL OF MERCY
6339 FAIRFIELD AVENUECHICAGOIL60659NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$20,000
SEMPER FI FUNDS
825 COLLEGE BLVD SUITE 102OCEANSIDECA92057NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$20,000
ONE ACRE FUND
80 BROAD STREET 2500NEW YORKNY10004NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$25,000
HEARTSPRING DEVELOPMENT DEPARTMENT
8700 E 29TH ST NWICHITAKS67226NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$316,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$504RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$90,231RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$37,702RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$0ExclusionAmt
Related Or Exempt Function Incm$128,437RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$128,437TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number3LineNumberTxt
Relationship StatementINTEREST EARNED INCREASES CASH BALANCES AVAILABLE TO FUND SCHOLARSHIPSRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (5 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
DON AND JEAN ACKERMAN CHARITABLE TRUST
1C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$346,557Yes (X)
DON E ACKERMAN CHARITABLE ANNUITY TRUST
2C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$480,000Yes (X)
DECANTED CLAUSE 17 ACKERMAN TRUST FBO CHERILYN K LAWRENCE
3C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$69,509Yes (X)
DECANTED CLAUSE 17 ACKERMAN TRUST FBO MICHAEL A ACKERMAN
4C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$69,510Yes (X)
DECANTED CLAUSE 17 ACKERMAN TRUST FBO STEVEN J ACKERMAN
5C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$69,510Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX RETURN PREPARATIONCategoryTxt
Amt$1,750Amt
Net Investment Income$1,750NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-PF, PART XVFormAndLineReferenceDesc
Medium ExplanationFOUNDATION OPERATING GUIDELINES1. GRANTS WILL BE MADE FROM AMONG APPLICANTS SUBMITTING PROPOSALS FOR IMPROVING THE QUALITY OF THE EDUCATIONAL SYSTEM FOR KINDERGARTEN THROUGH TWELFTH GRADE WITHIN THE U.S. 2. ANY INDIVIDUAL, ORGANIZATION OR INSTITUTION, DOMESTIC OR FOREIGN, MAY SUBMIT AN APPLICATION FOR A GRANT TO THE SELECTION COMMITTEE.3. THE CRITERIA TO BE USED BY THE SELECTION COMMITTEE IN AWARDING A GRANT SHALL BE (A) A PROPOSAL WHICH IN THE OPINION OF THE SELECTION COMMITTEE WILL PRODUCE AN IMPROVEMENT IN THE QUALITY OF AN EDUCATIONAL CURRICULUM OR SYSTEM WITHIN THE U.S. SCHOOL SYSTEM (GRADES K-12) NATIONWIDE, OR WITHIN ANY SCHOOL DISTRICT WITHIN THE U.S., AND (B) THE PROPOSAL IN THE OPINION OF THE SELECTION COMMITTEE SHALL BE DEEMED TO BE ABLE TO PRODUCE A SIGNIFICANT POSITIVE CHANGE IN THE QUALITY OF EDUCATION FOR GRADES K-12.4. GRANTS WILL BE AWARDED AT SUCH TIMES, IN SUCH AMOUNTSAND UPON SUCH TERMS AND CONDITIONS AS THE SELECTION COMMITTEE BY UNAMIMOUS VOTE SHALL FROM TIME TO TIME DETERMINE.5. THE SELECTION COMMITTEE SHALL BE COMPOSED OF THE 3 DIRECTORS OF THE FOUNDATION WHO SHALL CONSULT WITH EDUCATORS PRIOR TO MAKING ANT DETERMINATION.6. THE SELECTION COMMITTEE MAY RECAPTURE FUNDS DISTRIBUTED TO ANY GRANT RECIPIENT WHICH ARE FOUND BY THE COMMITTEE TO HAVE BEEN EXPENDED BY A GRANT RECIPIENT FOR PURPOSES OTHER THAN THE WORK FOR WHICH THE GRANT WAS MADE.MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemSECURITIESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$4,103,285BookValueAmt
EOYFMV$4,103,285EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING AND REGISTRATION FEES$61$61$0
BANK CHARGES, ETC.$10,654$10,654$0
FEDERAL EXCISE TAX$518$0$0

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