INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION (EIN 27-4662958)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-14
- IRS object ID
- 201831349349306413
- Schema version
- 2016v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T13:56:57-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1850 N CENTRAL AVE STE 400 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 850044624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274662958 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDEPENDENT SCHOOLS CORPORATE TAX | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INDE | BusinessNameControlTxt |
| Phone | 5202972288 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3219 E CAMELBACK ROAD SUITE 288 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER CHERILLA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6029558200 | PhoneNum |
| Signature | 2018-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRENDA BLUNT | PreparerPersonNm |
| PTIN | P00075126 | PTIN |
| Phone | 6022645844 | PhoneNum |
| Preparation | 2018-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JENNIFER CHERILLA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3219 E CAMELBACK 288 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,184,482 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ISCTF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,350,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,183,334 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,563 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,148 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,351,563 | PYTotalRevenueAmt |
| CY Total Revenue | $1,184,482 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $892,800 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,879,213 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,448 | PYOtherExpensesAmt |
| CY Other Expenses | $44,609 | CYOtherExpensesAmt |
| PY Total Expenses | $913,248 | PYTotalExpensesAmt |
| CY Total Expenses | $1,923,822 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $438,315 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$739,340 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,993,911 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,437,471 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,578,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,749,200 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,415,911 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $688,271 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,879,213 | ExpenseAmt |
| Grant | $1,879,213 | GrantAmt |
| Desc | TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS IN NEED WHO ARE ATTENDING PRIVATE SCHOOLS IN ARIZONA. 130 INDIVIDUALS RECEIVED SCHOLARSHIPS DURING THE CURRENT FISCAL YEAR. | Desc |
| Total Program Service Expenses | $1,879,213 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRISTIE BERG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6029558200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3901 EAST STANFORD DRIVE | AddressLine1Txt |
| City | PARADISE VALLEY | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85253 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| KATHRYN ANN PETERS | |||||||
| PRESIDENT/CEO (THRU 9/15/16) | 3.00 | 40.00 | Yes (X) | Yes (X) | $0 | $156,238 | $22,601 |
| ROZ ABERO | |||||||
| SECRETARY/TREASURER | 3.00 | 40.00 | Yes (X) | Yes (X) | $0 | $151,023 | $16,620 |
| REBECCA CORDIER | |||||||
| VICE PRESIDENT | 3.00 | 40.00 | Yes (X) | Yes (X) | $0 | $84,200 | $0 |
| MARY BABBIT | |||||||
| DIRECTOR | 3.00 | 40.00 | Yes (X) | $0 | $74,923 | $0 | |
| JENNIFER CHERILLA | |||||||
| PRESIDENT | 3.00 | 40.00 | Yes (X) | Yes (X) | $0 | $88,838 | $16,621 |
| KELLY PEREZ | |||||||
| DIRECTOR (THRU 9/15/16) | 3.00 | 40.00 | Yes (X) | $0 | $21,595 | $0 | |
| WENDY KYSER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $58,391 | $7,976 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $635,208 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $63,818 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,183,334 | AllOtherContributionsAmt |
| Total Contributions | $1,183,334 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,148 | TotalRevenueColumnAmt |
| Exclusion | $1,148 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,184,482 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,148 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,879,213 | TotalAmt |
| Program Services | $1,879,213 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,000 | TotalAmt |
| Management And General | $14,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,949 | TotalAmt |
| Management And General | $29,949 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286 | TotalAmt |
| Management And General | $286 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374 | TotalAmt |
| Management And General | $374 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,923,822 | TotalAmt |
| Program Services | $1,879,213 | ProgramServicesAmt |
| Management And General | $44,609 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,846,082 | BOYAmt |
| EOY | $2,288,510 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,147,829 | BOYAmt |
| EOY | $1,148,961 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,993,911 | BOYAmt |
| EOY | $3,437,471 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500 | BOYAmt |
| EOY | $4,700 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,575,500 | BOYAmt |
| EOY | $2,744,500 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,578,000 | BOYAmt |
| EOY | $2,749,200 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,415,911 | BOYAmt |
| EOY | $688,271 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,415,911 | BOYAmt |
| EOY | $688,271 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,993,911 | BOYAmt |
| EOY | $3,437,471 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$739,340 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $11,700 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 150 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (6 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| ALL SAINTS' EPISCOPAL DAY SCHOOL | ||||
| 860133389 | 1 | Yes (1) | $265,200 | $0 |
| PHOENIX COUNTRY DAY SCHOOL | ||||
| 860172671 | 2 | Yes (1) | $371,700 | $0 |
| THE GREGORY SCHOOL | ||||
| 860374130 | 2 | Yes (1) | $20,000 | $0 |
| GREEN FIELDS COUNTRY DAY SCHOOL | ||||
| 860192719 | 2 | Yes (1) | $20,000 | $0 |
| NEW WAY ACADEMY | ||||
| 860215781 | 2 | 0 | $5,200 | $0 |
| XAVIER COLLEGE PREPARATORY ROMAN CATHOLIC HIGH SCHOOL | ||||
| 263832736 | 1 | 0 | $28,113 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 150 | SupportedOrganizationsTotalCnt |
| Support Sum | $710,213 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | 0 | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (1) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | Yes (1) | OrganizationChangeSuprtOrgInd |
| Supported Org Class Designated | Yes (1) | SupportedOrgClassDesignatedInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | Yes (1) | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 11F AND PART IV, SECTION A, LINE 1 | INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION SUPPORTS BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY BOTH BEING NAMED SPECIFICALLY IN THE ORGANIZING DOCUMENTS AND BY CLASS OR PURPOSE, THE NUMBER OF WHICH IS AN ESTIMATE BASED ON INFORMATION FOUND AT HTTPS://WWW.PRIVATESCHOOLREVIEW.COM/ARIZONA. |
| PART I, LINE 11G | AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT OR BENEFIT ONE OR MORE BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY BOTH BEING NAMED SPECIFICALLY IN THE ORGANIZING DOCUMENTS AND BY CLASS OR PURPOSE DEFINED AS FOLLOWS: ORGANIZATIONS WHICH ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WHICH ARE OPERATING ONE OR MORE PRIVATE SCHOOLS IN ARIZONA FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. THE EXACT IDENTITY OF THE ORGANIZATIONS FITTING WITHIN THE CLASS OR PURPOSE DESCRIBED IS UNKNOWN TO THE ORGANIZATION AS THEY MAY FORM OR TERMINATE WITHOUT NOTICE TO THE ORGANIZATION. ACCORDINGLY, ONLY THOSE SUPPORTED ORGANIZATIONS WHO, DURING THE YEAR, RECEIVED SCHOLARSHIP MONEY ON BEHALF OF STUDENTS ATTENDING THEIR SCHOOLS ARE LISTED. |
| PART IV, SECTION A, LINE 1 | AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT OR BENEFIT ONE OR MORE BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY CLASS OR PURPOSE AS FOLLOWS: ORGANIZATIONS WHICH ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WHICH ARE OPERATING ONE OR MORE PRIVATE SCHOOLS IN ARIZONA FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. |
| PART IV, SECTION A, LINE 2 | AMONG THE ORGANIZATIONS KNOWN TO BE IN THE SUPPORTED CLASS ARE CHURCHES WHO OPERATE PRIVATE SCHOOLS. AS CHURCHES, THEY ARE NOT REQUIRED TO APPLY FOR TAX-EXEMPT STATUS AND, ACCORDINGLY, DO NOT HAVE AN IRS DETERMINATION OF STATUS UNDER SECTION 509(A)(1) OR (2). CHURCHES ARE PER SE 509(A)(1) ORGANIZATIONS UNDER IRC SECTION 170(B)(I)(A)(II). |
| PART IV, SECTION A, LINE 5A AND 5B | THE ORGANIZATION ADDED NEW WAY ACADEMY, EIN 86-0215781, AND XAVIER COLLEGE PREPARATORY ROMAN CATHOLIC HIGH SCHOOL, EIN 26-3832736 TO THE DETAILED LIST OF SUPPORTED ORGANIZATIONS ON SCH A, PART I, LINE 12G. THESE SCHOOLS HAVE BEEN MEMBERS OF THE SUPPORTED CLASS ALREADY DESIGNATED IN OUR ORGANIZING DOCUMENTS, ACCORDINGLY, NO SPECIFIC ACTION WAS REQUIRED TO INCLUDE THEM. LIKEWISE BROPHY COLLEGE PREPARATORY, EIN 86-0119984 AS REMOVED FROM SCH A, PART I, LINE 12G BECAUSE, WHILE STILL A MEMBER OF THE CHARITABLE CLASS, IT DID NOT RECEIVE FINANCIAL SUPPORT DURING THE YEAR. |
| PART IV, SECTION B, LINE 2 | THE ORGANIZATION IS CONTROLLED BY FOUR SPECIFIED MEMBERS OF THE SUPPORTED CLASS OR ORGANIZATIONS. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,195,082 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $10,600 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $10,600 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,184,482 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,184,482 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,922,722 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $10,600 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $10,600 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,912,122 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $11,700 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $11,700 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,923,822 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING THE FOUNDATION'S ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECOVERY OF PRIOR YEAR SCHOLARSHIP FUNDS |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 130 | RecipientCnt |
| Cash Grant | $1,879,213 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAYS THE SCHOLARSHIP AWARD DIRECTLY TO THE SCHOOL THE STUDENT IS ATTENDING. WE ALSO RECEIVE FOLLOW-UP REPORTS FROM EACH OF THE SCHOOLS TO ENSURE ONGOING COMPLIANCE WITH THE AWARD CONDITIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KATHRYN ANN PETERS | ||||||||||||||
| PRESIDENT/CEO (THRU 9/15/16) | $0 | $156,238 | $0 | $0 | $0 | $0 | $0 | $15,624 | $0 | $8,529 | $0 | $180,391 | $0 | $0 |
| ROZ ABERO | ||||||||||||||
| SECRETARY/TREASURER | $0 | $151,023 | $0 | $0 | $0 | $0 | $0 | $9,643 | $0 | $8,530 | $0 | $169,196 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | KATHRYN ANN PETERS, ROZ ABERO AND JENNIFER CHERILLA HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION'S MEMBERS ARE ALL SAINT'S EPISCOPAL DAY SCHOOL, A DIVISION OF ALL SAINT'S EPISCOPAL CHURCH; PHOENIX COUNTRY DAY SCHOOL; THE GREGORY SCHOOL AND GREEN FIELDS COUNTRY DAY SCHOOL. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER IS ENTITLED TO APPOINT AN INDIVIDUAL TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 WILL BE PRESENTED AS A DRAFT TO THE FOUNDATION'S PRESIDENT AND TREASURER FOR REVIEW PRIOR TO ITS FILING. AN OPEN INVITATION SHALL BE GIVEN TO ALL MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS AND TO ITS OFFICERS TO REVIEW AND COMMENT ON THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REGULARLY MONITORS ITS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY OBTAINING ANNUAL SIGNED CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENTS FROM EVERY BOARD MEMBER AND OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 15 | INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION DOES NOT COMPENSATE THEIR CEO OR TOP MANAGEMENT OFFICIAL. ALL COMPENSATION IS DETERMINED BY EACH MEMBER'S RESPECTIVE EMPLOYERS WITHOUT REGARD TO THEIR EFFORTS ON BEHALF OF INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION WILL PROVIDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICTS OF INTEREST POLICY UPON REQUEST. |
| PART VII: HOURS WORKED FOR RELATED ORGANIZATION | EACH OF THE DIRECTORS WORKED FOR A RELATED ORGANIZATION ON A FULL-TIME BASIS (APPROXIMATELY 40 HOURS A WEEK). NONE OF THE DIRECTORS ARE COMPENSATED FOR THEIR TIME WORKING FOR THE INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION. |
| FORM 990, PART XI, LINE 9: | RETURNED SCHOLARSHIP FUNDS 11,700. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| ALL SAINTS' EPISCOPAL DAY SCHOOL | |||||||||
| 6300 NORTH CENTRAL AVENUE | PHOENIX | AZ | 85012 | 860133389 | CHURCH/RELIGIOUS SCHOOL | AZ | 501(C)(3) | LINE 1 | 0 |
| PHOENIX COUNTRY DAY SCHOOL | |||||||||
| 3901 EAST STANFORD DRIVE | PARADISE VALLEY | AZ | 85253 | 860172671 | PRIVATE SCHOOL | AZ | 501(C)(3) | LINE 2 | 0 |
| THE GREGORY SCHOOL | |||||||||
| 3231 NORTH CRAYCROFT ROAD | TUSCON | AZ | 85712 | 860374130 | PRIVATE SCHOOL | AZ | 501(C)(3) | LINE 2 | 0 |
| GREEN FIELDS COUNTRY DAY SCHOOL | |||||||||
| 6000 CAMINO DE LA TIERRA | TUSCON | AZ | 85741 | 860192719 | PRIVATE SCHOOL | AZ | 501(C)(3) | LINE 2 | 0 |
| NEW WAY ACADEMY | |||||||||
| 5048 E OAK STREET | PHOENIX | AZ | 85008 | 860215781 | PRIVATE SCHOOL | AZ | LINE 2 | 0 | |
| XAVIER COLLEGE PREPARATORY ROMAN CATHOLIC HIGH SCHOOL | |||||||||
| 4710 N 5TH STREET | PHOENIX | AZ | 85012 | 263832736 | CHURCH/RELIGIOUS SCHOOL | AZ | LINE 1 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II | FormAndLineReferenceDesc |
| Explanation | AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT OR BENEFIT ONE OR MORE BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY CLASS OR PURPOSE AS FOLLOWS: ORGANIZATIONS WHICH ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WHICH ARE OPERATING ONE OR MORE PRIVATE SCHOOLS IN ARIZONA FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. THE EXACT IDENTITY OF THE ORGANIZATIONS FITTING WITHIN THE CLASS OR PURPOSE DESCRIBED IS UNKNOWN TO THE ORGANIZATION AS THEY MAY FORM OR TERMINATE WITHOUT NOTICE TO THE ORGANIZATION. ACCORDINGLY, ONLY THOSE SUPPORTED ORGANIZATIONS WHO, DURING THE YEAR, RECEIVED SCHOLARSHIP MONEY ON BEHALF OF STUDENTS ATTENDING THEIR SCHOOLS ARE LISTED. | ExplanationTxt |
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