BETA

THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION (EIN 51-0260302)
Tax period
2017-05-01 to 2018-04-30
Filed
2018-12-18
IRS object ID
201843529349100704
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)
Return2018-12-18T14:27:42-07:00ReturnTs
Tax Period End2018-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461336065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SORENSEN & FLANAGAN LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1845AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83001ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN510260302EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LYNN & FOSTER FRIESS FAMILYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLYNNBusinessNameControlTxt
Phone3077339587PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9790AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83002ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFOSTER S FRIESSPersonNm
Person TitlePRES./V.P.PersonTitleTxt
Phone3077333938PhoneNum
Signature2018-11-29SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES T SORENSEN CPAPreparerPersonNm
PTINP00053706PTIN
Phone3077333938PhoneNum
Preparation2018-12-18PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address207.183.166.59IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-12-18IPDt
IP Tm15:27:42IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id750571FA37137009C77251AE5B94820DD2BD321AAtSubmissionCreationDeviceId
At Submission Filing Device Id89D362563C31F21A25402C258D88D13E6D42F55BAtSubmissionFilingDeviceId
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$75,343,586FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,400,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$258,166InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$258,166InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$268,120DividendsRevAndExpnssAmt
Dividends Net Invst Incm$268,120DividendsNetInvstIncmAmt
Other Income Rev And Expnss$4,897,697OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$4,897,697OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$7,823,983TotalRevAndExpnssAmt
Total Net Invst Incm$5,423,983TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$55,000OthEmplSlrsWgsRevAndExpnssAmt
Legal Fees Rev And Expnss$2,294LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,500AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss$1,131InterestRevAndExpnssAmt
Interest Net Invst Incm$1,131InterestNetInvstIncmAmt
Taxes Rev And Expnss$99,889TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$15,061TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$15,061TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$731,681OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$662,705OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$48,396OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$907,556TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$663,836TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$65,957TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,609,086ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,609,086ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$4,516,642TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$663,836TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$3,675,043TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,307,341ExcessRevenueOverExpensesAmt
Net Investment Income$4,760,147NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$32,742,470SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$30,246,886SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$30,246,886SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,282CorporateStockBOYAmt
Corporate Stock EOY$2,304,499CorporateStockEOYAmt
Corporate Stock EOYFMV$2,304,499CorporateStockEOYFMVAmt
Other Investments BOY$41,311,473OtherInvestmentsBOYAmt
Other Investments EOY$42,565,711OtherInvestmentsEOYAmt
Other Investments EOYFMV$42,565,711OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$176,490LandBldgEquipCostOrOtherBssAmt
Land BOY$1,235,430LandBOYAmt
Land EOY$176,490LandEOYAmt
Land EOYFMV$176,490LandEOYFMVAmt
Other Assets BOY$59,249OtherAssetsBOYAmt
Other Assets EOY$50,000OtherAssetsEOYAmt
Other Assets EOYFMV$50,000OtherAssetsEOYFMVAmt
Total Assets BOY$75,351,904TotalAssetsBOYAmt
Total Assets EOY$75,343,586TotalAssetsEOYAmt
Total Assets EOYFMV$75,343,586TotalAssetsEOYFMVAmt
Accounts Payable BOY$15,586AccountsPayableBOYAmt
Accounts Payable EOY$10,403AccountsPayableEOYAmt
Other Liabilities BOY$1,600OtherLiabilitiesBOYAmt
Other Liabilities EOY$89,133OtherLiabilitiesEOYAmt
Total Liabilities BOY$17,186TotalLiabilitiesBOYAmt
Total Liabilities EOY$99,536TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$75,334,718RetainedEarningBOYAmt
Retained Earning EOY$75,244,050RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$75,334,718TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$75,244,050TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$75,351,904TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$75,343,586TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$75,334,718TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,307,341ExcessRevenueOverExpensesAmt
Subtotal$78,642,059SubtotalAmt
Other Decreases$3,398,009OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$75,244,050TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$3,651,194AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$71,390,404NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.051144DistributionYr1Rt
Adjusted Qlfy Distri Yr2$4,143,445AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$72,537,452NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.057121DistributionYr2Rt
Adjusted Qlfy Distri Yr3$4,746,123AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$79,308,731NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.059844DistributionYr3Rt
Adjusted Qlfy Distri Yr4$4,430,138AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$86,634,945NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.051136DistributionYr4Rt
Adjusted Qlfy Distri Yr5$5,032,974AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$88,216,882NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.057052DistributionYr5Rt
Total Distribution0.276297TotalDistributionRt
Average Distribution0.055259AverageDistributionRt
Net Vl Noncharitable Assets$74,273,261NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$4,104,266AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$47,601NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$4,151,867AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$3,675,043QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$95,203InvestmentIncomeExciseTaxAmt
Subtotal$95,203SubtotalAmt
Tax Based On Investment Income$95,203TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$159,249EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$159,249TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$1,813EsPenaltyAmt
Overpayment$62,233OverpaymentAmt
Applied To ES Tax$62,233AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateWYOrgReportOrRegisterStateCd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JIM SORENSENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3077333938PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1845AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83001ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
FOSTER S FRIESS
PO BOX 9790JACKSONWY83002PRES./V.P.10.00$0$0$0
LYNNETTE E FRIESS
PO BOX 9790JACKSONWY83002SEC./TREAS.2.00$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonSTEPHEN FRIESSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 11655AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83002ZIPCd
FieldValueIRS element (for citing)
TitleSTAFFTitleTxt
Average Hrs Per Wk Devoted To Pos26.00AverageHrsPerWkDevotedToPosRt
Compensation$55,000CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$43,099,503AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$32,304,823AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$75,404,326TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$75,404,326AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,131,065CashDeemedCharitableAmt
Net Vl Noncharitable Assets$74,273,261NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,713,663MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,713,663MinimumInvestmentReturnAmt
Tax Based On Investment Income$95,203TaxBasedOnInvestmentIncomeAmt
Total Tax$95,203TotalTaxAmt
Distributable Before Adj$3,618,460DistributableBeforeAdjAmt
Distributable Before Ded$3,618,460DistributableBeforeDedAmt
Distributable As Adjusted$3,618,460DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,675,043ExpensesAndContributionsAmt
Qualifying Distributions$3,675,043QualifyingDistributionsAmt
Adjusted Qualifying Distri$3,675,043AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,618,460DistributableAsAdjustedAmt
Undistributed Income PY$2,332,976UndistributedIncomePYAmt
Qualifying Distributions$3,675,043QualifyingDistributionsAmt
Applied To Year1$2,332,976AppliedToYear1Amt
Applied To Current Year$1,342,067AppliedToCurrentYearAmt
Undistributed Income CY$2,276,393UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerFOSTER FRIESSContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonFOSTER FRIESSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9790AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83002ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3077399699RecipientPhoneNum
Form And Info And MaterialsWRITTEN APPLICATION DESCRIBING NEED, INTENDED USE OF FUNDSFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NATIONAL CHRISTIAN FOUNDATION
11625 RAINWATER DRIVESTE 500ALPHARATTEGA30009NONEPCGENERAL CHARITABLE$2,500,000
JACKSON HOLE CLASSICAL ACADEMY
PO BOX 7466JACKSONWY83002NONEPCGENERAL CHARITABLE$18,627
JACKSON HOLE CLASSICAL ACADEMY
PO BOX 7466JACKSONWY83002NONEPCSCHOOL FURNISHINGS AND EQUIPMENT$31,519
COMMUNITY BIBLE CHURCH
1450 SOUTH PARK LOOP ROADJACKSONWY83001NONEPCBUILDING AND LEASE$794,205
JACKSON HOLE CLASSICAL ACADEMY
PO BOX 7466JACKSONWY83001PCPROPERTY LEASE$264,735
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,609,086TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$258,166ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$268,120ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$4,897,697ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,423,983ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,423,983TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLYNNETTE E AND FOSTER S FRIESSContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9790AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83001ZIPCd
FieldValueIRS element (for citing)
Total Contributions$2,400,000TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertyAMG BRANDYWINE SHARESNoncashPropertyDesc
Fair Market Value$2,400,000FairMarketValueAmt
Received2017-12-27ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SORENSEN & SORENSEN, LLC
-PREPARATION OF FOUNDATION RETUR$2,500$2,500

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertySCHOOL SITEPropertyDesc
Acquired2014-09-30AcquiredDt
Cost Or Other Basis$4,218,285CostOrOtherBasisAmt
Life4.0000LifeRt

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationNO FILING REQUIREMENT IN WYOMING. NO ACTIVITY REQUIRING DE FILING.ExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BRANDYWINE FUND$2,304,411$2,304,411
BRANDYWINE BLUE FUND$88$88

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT-CEDAR STREET TETON FUNDCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$42,565,711BookValueAmt
EOYFMV$42,565,711EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemSCHOOL SITECategoryOrItemTxt
Cost Or Other Basis$176,490CostOrOtherBasisAmt
Book Value$176,490BookValueAmt
EOYFMV$176,490EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$2,294LegalFeesAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PREPAID INCOME TAXES$9,249
SECURITY DEPOSIT$50,000$50,000$50,000

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
UNREALIZED GAINS/LOSSES INVESTMENTS$3,396,196
PENALTIES$1,813

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
ADMINISTRATION AND BOOKKEEPIN$22,787$11,393
BANK CHARGES$30$30
INVESTMENT EXPENSE-K1$462,871$462,871
INVESTMENT EXPENSE-K1$181,135$181,135
US BANK FEES$1,053$1,053
OFFICE/TELEPHONE/POST/INTERNE$1,956
STAFFING EXPENSE$48,395$48,395
TAXES & LICENSES$52$52
INSURANCE$6,782
N/D K-1 EXPENSES$448
RENT$1$1
ROYALTY EXPENSE - K1$6,171$6,171

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
CEDAR STREET EIN 90-1035143$4,823,363$4,823,363
CEDAR STREET FUND LP$74,334$74,334

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
PAYROLL TAXES PAYABLE$1,600$1,366
EXCISE TAXES PAYABLE$87,767

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
EXCISE TAXES$95,203
PAYROLL TAXES$4,686

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