RAKOWICH FAMILY FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RAKOWICH FAMILY FOUNDATION INC (EIN 46-0933919)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-22
- IRS object ID
- 201922349349100607
- 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
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-22T10:05:24-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOUGER FRANZMANN & REDMAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5619 DTC Parkway Suite 475 | AddressLine1Txt |
| City | Greenwood Village | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80111 | 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 | 460933919 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rakowich Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % WALTER C RAKOWICH | InCareOfNm |
| Business Name Control | RAKO | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 Lincoln Street MAC C7300-498 | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80203 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER C RAKOWICH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7202661040 | PhoneNum |
| Signature | 2019-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON REDMAN | PreparerPersonNm |
| PTIN | P01078042 | PTIN |
| Phone | 7202661040 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.242.138.53 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 84324920192345000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-08-22 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1C258BF25F336656A2DD4B9B91A19870890A8395 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1D693BC4868630B27579CBA7D72F78BF3CE29D62 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,296,895 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $48,298 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $48,298 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $48,298 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $85,176 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $412,555 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $76,923 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $8,253 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,764 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,764 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $1,764 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $135,238 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $126,985 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $58,315 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $4,350 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,350 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $4,350 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $1,449 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,449 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $1,449 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $17,711 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $17,711 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $17,711 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $23,510 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,510 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $23,510 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $399,330 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $399,330 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $422,840 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,510 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $23,510 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $399,330 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$287,602 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $103,475 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $34,805 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $172,097 | CashBOYAmt |
| Cash EOY | $28,301 | CashEOYAmt |
| Cash EOYFMV | $28,301 | CashEOYFMVAmt |
| US Government Obligations BOY | $644,275 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $613,633 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $613,633 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,741,843 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,455,779 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,455,779 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $292,323 | OtherAssetsBOYAmt |
| Other Assets EOY | $199,182 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $199,182 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,850,538 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,296,895 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,296,895 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $2,850,538 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,296,895 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,850,538 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,296,895 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,850,538 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,296,895 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,850,538 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$287,602 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,562,936 | SubtotalAmt |
| Other Decreases | $266,041 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,296,895 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| WELLS FARGO # 66945500 LTCG/L COVERED | $347,055 | $282,045 | $65,010 | $65,010 | |
| CAPITAL GAIN DIVIDENDS | $11,913 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $76,923 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $8,253 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $181,387 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,701,085 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.067153 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $145,408 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,298,353 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.063266 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $166,981 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,495,217 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.06692 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $210,538 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,652,740 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.079366 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $262,935 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,673,994 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.09833 | DistributionYr5Rt |
| Total Distribution | 0.375035 | TotalDistributionRt |
| Average Distribution | 0.075007 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,167,781 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $162,599 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,035 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $163,634 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $399,330 | 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 | $1,035 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,035 | SubtotalAmt |
| Tax Based On Investment Income | $1,035 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,667 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,667 | TotalPaymentsAndCreditsAmt |
| Overpayment | $632 | OverpaymentAmt |
| Applied To ES Tax | $632 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| 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 | WALTER C RAKOWICH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7202661040 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5051 SOUTH LAFAYETTE LANE | AddressLine1Txt |
| City | ENGLEWOOD | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80113 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER C RAKOWICH | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5051 S LAFEYETTE LANE | AddressLine1Txt |
| City | ENGLEWOOD | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GIFT TO WATERSTONE FOR KINGDOME ADVANCEMENT FUND | Description1Txt |
| Expenses1 | $15,000 | Expenses1Amt |
| Description2 | GIFT TO COLORADO UPLIFT GPT THE PLEDGE PAYMENT | Description2Txt |
| Expenses2 | $200,000 | Expenses2Amt |
| Description3 | GIFT TO PIVOT FOUNDATION FOR FOUNDER'S GRANT #1 | Description3Txt |
| Expenses3 | $100,000 | Expenses3Amt |
| Description4 | GIFT TO THE CEO FORUM, INC FOR PROMOTION OF INDUSTRY | Description4Txt |
| Expenses4 | $15,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,473,517 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $93,594 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,567,111 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,567,111 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $399,330 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,167,781 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $108,389 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $108,389 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,035 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,035 | TotalTaxAmt |
| Distributable Before Adj | $107,354 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $107,354 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $107,354 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $399,330 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $399,330 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,035 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $398,295 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $107,354 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $131,995 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $81,025 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $44,458 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $31,158 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $49,567 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $338,203 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $399,330 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $107,354 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $291,976 | RemainingDistriFromCorpusAmt |
| Total Corpus | $630,179 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $131,995 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $498,184 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $81,025 | ExcessFromYear4Amt |
| Excess From Year3 | $44,458 | ExcessFromYear3Amt |
| Excess From Year2 | $31,158 | ExcessFromYear2Amt |
| Excess From Year1 | $49,567 | ExcessFromYear1Amt |
| Excess From Current Year | $291,976 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| The CEO Forum | ||||||||
| 640 Chapel Hills Dr | Colorado Springs | CO | 80920 | Unrelated | EOF | General Operating | $15,000 | |
| Alliance for choice in Education | ||||||||
| 1201 East Colfax Avenue | Denver | CO | 80128 | Unrelated | EOF | General Operating | $10,000 | Suite 302 |
| Pennsylvania State University | ||||||||
| 11 Old Main | University Park | PA | 16802 | Unrelated | EOF | Board of Trustees immediate Need Fund - 1st of 3 | $10,000 | |
| National Leadership Academy | ||||||||
| 303 17th Avenue Suite 600 | Denver | CO | 80203 | Unrelated | EOF | Academy Scholarships for 20 Colorado Uplift Students | $1,750 | |
| Bridge 2 Rawanda Inc | ||||||||
| 1818 N Taylor Street | Little Rock | AR | 72207 | Unrelated | EOF | Student Tuition | $1,200 | Suite B |
| Downing Street Foundation | ||||||||
| 5150 E Yale Cir Ste 303 | Denver | CO | 80222 | Unrelated | Downning House, General Operating | $10,000 | ||
| Roaring Fork Conservancy | ||||||||
| POBox 3349 | Basalt | CO | 81621 | Unrelated | EOF | River Rendevous | $1,000 | |
| University of Colorado | ||||||||
| 13001 East 17th Place | Aurora | CO | 80045 | Unrelated | Johnson Depression Center - Unrestricted | $9,630 | ||
| National Leadership Academy | ||||||||
| 303 17th Avenue Suite 600 | Denver | CO | 80203 | Unrelated | Academy Scholarships for 10 Colorado Uplift Students | $8,750 | ||
| The John Lester Foundation | ||||||||
| 105 Glenmoor Ln Englewood | Denver | CO | 80113 | Unrelated | Unrestricted | $5,000 | ||
| Pennsylvania State University | ||||||||
| 201 Old Main | University Park | PA | 16802 | Unrelated | EOF | Board of Trustees Emergency Fund - 1st of 3 | $10,000 | |
| Waterstone | ||||||||
| 10807 New Allegiance Drive | Colorado Springs | CO | 80921 | Unrelated | Kingdom Advancement Fund | $15,000 | Suite 240 | |
| Colorado Uplift | ||||||||
| 400 W 48th Avenue | Denver | CO | 80216 | Unrelated | Pledge payment | $200,000 | Suite 250 | |
| Judi's House | ||||||||
| 1741 Gaylord Street | Denver | CO | 80206 | Unrelated | Unrestricted | $2,000 | ||
| Pivot Foundation | ||||||||
| 1800 Wazee Street | Denver | CO | 80202 | Unrelated | Founder's Grant #1 | $100,000 | Suite 210 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $399,330 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $48,298 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $85,176 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $135,238 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $135,238 | 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 |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | During its history the Foundation has always distributed at least $110,803 in grants. As a result, the cash deemed for charitable activities has been raised to this amount. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | WELLS FARGO # 66945500 STCG/L COVERED | AssetDesc |
| Gross Sales Price | $53,587 | GrossSalesPriceAmt |
| Basis | $45,334 | BasisAmt |
| Total Net | $8,253 | TotalNetAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REAL ASSETS | Desc |
| BOY Book Value | $292,323 | BOYBookValueAmt |
| EOY Book Value | $199,182 | EOYBookValueAmt |
| EOYFMV | $199,182 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCOUNT MGMT. FEES | Desc |
| Revenue And Expenses Per Books | $17,711 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $17,711 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $17,711 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CPA FEES | $2,150 | $2,150 | $2,150 |
| TAX PREPARATION FEES | $2,200 | $2,200 | $2,200 |
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