MARGULF FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MARGULF FOUNDATION (EIN 13-2927245)
- Tax period
- 2016-12-01 to 2017-11-30
- Filed
- 2018-10-04
- IRS object ID
- 201842779349100409
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-04T13:55:06-05:00 | ReturnTs |
| Tax Period End | 2017-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 South Sixth Street | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132927245 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGULF FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARG | BusinessNameControlTxt |
| Phone | 7206427258 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 17th Street Suite 5110 | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeremy J Flug | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 3035924852 | PhoneNum |
| Signature | 2018-10-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sarah Redden | PreparerPersonNm |
| PTIN | P00898534 | PTIN |
| Phone | 6123974000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $87,605,824 | 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 | $69,528,047 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $287,657 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $187,296 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$21,875 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $69,793,829 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $187,296 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $154,920 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $256,360 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $31,482 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $58,716 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $49,986 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $49,941 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $34,161 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $34,161 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $125,473 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $62,500 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $62,993 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,595 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $85,572 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $76,263 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,457 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $485,189 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $138,763 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $472,628 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,501,859 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,501,859 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,987,048 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $138,763 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,974,487 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $67,806,781 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $48,533 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $6,679,250 | CashBOYAmt |
| Cash EOY | $4,666,678 | CashEOYAmt |
| Cash EOYFMV | $4,666,678 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $11,844,282 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $61,004,216 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $61,004,216 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $12,982 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $21,934,930 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $21,934,930 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,536,514 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,605,824 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $87,605,824 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $131,258 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,459 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $131,258 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,459 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $18,405,256 | RetainedEarningBOYAmt |
| Retained Earning EOY | $87,604,365 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,405,256 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $87,604,365 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,536,514 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $87,605,824 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,405,256 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $67,806,781 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,392,328 | OtherIncreasesAmt |
| Subtotal | $87,604,365 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $87,604,365 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICALLY TRADED SECURITIES | PropertyDesc |
| Cost Or Other Basis | $21,875 | CostOrOtherBasisAmt |
| Gain Or Loss | -$21,875 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$21,875 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$21,875 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,318,588 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $18,240,681 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.127111 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,952,034 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,819,260 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.152274 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $995,099 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $17,629,883 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.056444 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $486,124 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,887,248 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.040895 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,542,194 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,881,172 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.111100 | DistributionYr5Rt |
| Total Distribution | 0.487824 | TotalDistributionRt |
| Average Distribution | 0.097565 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $69,974,054 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $6,827,019 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $485 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $6,827,504 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,974,487 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $971 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $971 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $971 | TaxBasedOnInvestmentIncomeAmt |
| Applied To Es Tax | $10,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $9,029 | OverpaymentAmt |
| Applied To ES Tax | $9,029 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7206427258 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 17th Street Suite 5110 | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JEREMY FLUG | ||||||||
| 370 17th Street Suite 5150 | Denver | CO | 80202 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| ELIZA K FLUG | ||||||||
| 370 17th Street Suite 5150 | Denver | CO | 80202 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| RAMSAY STABLER | ||||||||
| 370 17th Street Suite 5150 | Denver | CO | 80202 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ELIZABETH AYBAR CONTI | ||||||||
| 370 17th Street Suite 5110 | Denver | CO | 80202 | EXECUTIVE DIRECTOR | 40.00 | $154,920 | $31,482 | $0 |
| DAVE EGGLESTON | ||||||||
| 370 17th Street Suite 5150 | Denver | CO | 80202 | TREASURER AND SECRETARY | 2.00 | $0 | $0 | $0 |
| VICKI STERLING | ||||||||
| 370 17th Street Suite 5150 | Denver | CO | 80202 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MONTICELLO ASSOCIATES INC | |||||
| 1800 LARIMER STREET SUITE 2100 | DENVER | CO | 80202 | CONSULTING SERVICES | $62,500 |
| IMPACT FOR EDUCATION | |||||
| 44 HOWARD AVENUE | NEW HAVEN | CT | 06519 | CONSULTING SERVICES | $62,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,390 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $62,120,368 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,913,891 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $71,039,649 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $71,039,649 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,065,595 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $69,974,054 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,498,703 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,498,703 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $971 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $971 | TotalTaxAmt |
| Distributable Before Adj | $3,497,732 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,497,732 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,497,732 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,974,487 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,974,487 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,974,487 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,497,732 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,542,895 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $486,124 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $329,999 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,311,071 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,406,614 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,076,703 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,974,487 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,974,487 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,523,245 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,523,245 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,553,458 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $19,650 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,533,808 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $486,124 | ExcessFromYear4Amt |
| Excess From Year3 | $329,999 | ExcessFromYear3Amt |
| Excess From Year2 | $1,311,071 | ExcessFromYear2Amt |
| Excess From Year1 | $1,406,614 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JEREMY FLUG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 2HEARTS | |||||||
| 200 QUEBEC STREET BLDG 300 STE 111 | DENVER | CO | 80230 | NONE | PC | GENERAL OPERATING SUPPORT | $500 |
| A COLORADO | |||||||
| 1390 LAWRENCE STREET SUITE 200 | DENVER | CO | 80204 | None | PC | General Operating Support | $5,000 |
| ANTI-DEFAMATION LEAGUE | |||||||
| 1120 LINCOLN STREET SUTIE 1301 | DENVER | CO | 80203 | None | PC | General Operating Support | $5,000 |
| ASPEN MUSIC FESTIVAL & SCHOOL | |||||||
| 225 MUsic school road | ASPEN | CO | 81611 | None | PC | General Operating Support | $200,000 |
| BIG PICTURE LEARNING | |||||||
| 325 PUBLIC STREET | PROVIDENCE | RI | 02905 | None | PC | General Operating Support | $5,000 |
| BReakthrough Kent Denver | |||||||
| 4000 E Quincy Avenue | ENGlewood | CO | 80113 | None | PC | General Operating Support | $50,000 |
| CHALKBEAT | |||||||
| 1239 BROADWAY 703B | NEW YORK | NY | 10001 | None | PC | General Operating Support | $2,555 |
| COLORADO BALLET | |||||||
| 1075 SANTA FE DRIVE | DENVER | CO | 80204 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 |
| COLORADO NONPROFIT DEVELOPMENT CENTER | |||||||
| 4130 TEJON STREET SUITE A | DENVER | CO | 80211 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 |
| COTTONWOOD INSTITUTE | |||||||
| PO BOX 7067 | DENVER | CO | 80207 | NOne | PC | GENERAL OPERATING SUPPORT | $5,000 |
| Creative Challenge Community | |||||||
| 1551 South Monroe Street | Denver | CO | 80210 | None | PC | General Operating Support | $25,140 |
| DENISON UNIVERSITY | |||||||
| PO BOX 810 | GRANVILLE | OH | 43023 | NONE | PC | General Operating Support | $250,000 |
| DENVER ART MUSEUM | |||||||
| PO BOX 17765 | DENVER | CO | 80217 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 |
| DENVER CENTER FOR THE PERFORMING ARTS | |||||||
| 1101 13TH STREET | DENVER | CO | 80204 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 |
| DOWNTOWN AURORA VISUAL ARTS | |||||||
| 1405 FLORENCE STREET | AURORA | CO | 80010 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 |
| DPS Foundation | |||||||
| 1860 Lincoln Street 9th floor | Denver | CO | 80203 | None | PC | General Operating Support | $5,000 |
| MUSIC AT MENLO | |||||||
| 50 VALPARALSO AVENUE | ATHERTON | CA | 94028 | NONE | PC | General Operating Support | $30,000 |
| OPERA COLORADO | |||||||
| 695 S COLORADO BLVD SUITE 20 | DENVER | CO | 80246 | NONE | PC | General Operating Support | $5,000 |
| Pitkin County Library | |||||||
| 120 North Mill Street | Aspen | CO | 81611 | None | GOV | General Operating Support | $412,720 |
| REDLINE | |||||||
| 2350 ARAPAHOE STREET | DENVER | CO | 80205 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 |
| Roaring Fork School District | |||||||
| 1405 Grand Ave | Glenwood Springs | CO | 81601 | None | PC | General Operating Support | $309,944 |
| SHINING STARS FOUNDATION | |||||||
| PO BOX 1308 | ASPEN | CO | 81612 | NONE | PC | General Operating Support | $25,000 |
| St Elizabeth's School | |||||||
| 2350 Gaylord Street | Denver | CO | 80205 | None | PC | General Operating Support | $20,000 |
| Temple Emanuel | |||||||
| 51 Grape St | Denver | CO | 80220 | None | PC | General Operating Support | $500 |
| The Island School Foundation Inc | |||||||
| PO Box 1090 | Boca Grande | FL | 33921 | None | PC | General Operating Support | $15,000 |
| WAKE FOREST UNIVERSITY | |||||||
| PO BOX 7227 | WINSTONSALEM | NC | 27109 | NONE | PC | General Operating Support | $100,000 |
| WARREN VILLAGE | |||||||
| 1323 GILPIN STREET | DENVER | CO | 80128 | NONE | PC | GENERAL OPERATING SUPPORT | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,501,859 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| deNISON UNIVERSITY | |||||||
| PO BOX 810 | GrANVILLE | OH | 43023 | NONE | PC | GENERAL OPERATING SUPPORT | $250,000 |
| CReative Challenge Community | |||||||
| 1551 South Monroe Street | DENVER | CO | 80210 | NONE | PC | GENERAL OPERATING SUPPORT | $25,000 |
| muSIC AT MENLO | |||||||
| 50 VALPARALSO AVENUE | atHERTON | CA | 94028 | NONE | PC | GENERAL OPERATING SUPPORT | $30,000 |
| ROAring Fork School District | |||||||
| 1405 Grand Ave | Glenwood Springs | CO | 81611 | NONE | GOV | GENERAL OPERATING SUPPORT | $335,000 |
| ST Elizabeth's School | |||||||
| 2350 Gaylord Street | DENVER | CO | 80205 | NONE | PC | GENERAL OPERATING SUPPORT | $20,000 |
| WAKE FOREST UNIVERSITY | |||||||
| PO BOX 7227 | WINSTONSALEM | NC | 27109 | NONE | PC | GENERAL OPERATING SUPPORT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $760,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $287,657 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$21,875 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $265,782 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $265,782 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MARTIN R FLUG ESTATE | ||||||
| 1 | 370 17TH STREET SUITE 5150 | DENVER | CO | 80202 | $19,528,047 | Yes (X) |
| GT TRUST | ||||||
| 2 | C/O TUTHILL HUGHES LLP 55 MADISON S | DENVER | CO | 80206 | $50,000,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $34,161 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $34,161 | DisbursementsCharitablePrpsAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SANDERSON INT. VALUE FUND (NT) | FMV | $8,164,645 | $8,164,645 |
| SEMPER VIC PARTNERS QP (NT) | FMV | $4,232,099 | $4,232,099 |
| WELLINGTON SELECT LEADERS (NT) | FMV | $4,445,660 | $4,445,660 |
| IMPALA FUND (NT) | FMV | $2,592,526 | $2,592,526 |
| HARBOUR SPRINGS (NT) | FMV | $2,500,000 | $2,500,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $49,986 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $49,941 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK CHARGES | $26,869 | $26,774 | $0 | $95 |
| INVESTMENT MGMT. FEES | $49,489 | $49,489 | $0 | $0 |
| PERMITS, LICENCES AND FEES | $745 | $0 | $0 | $875 |
| fREIGHT AND FEDEX | $320 | $0 | $0 | $760 |
| OFFICE SUPPLIES | $1,039 | $0 | $0 | $1,355 |
| Telephone | $2,101 | $0 | $0 | $2,683 |
| Meals | $1,498 | $0 | $0 | $1,513 |
| Parking | $2,896 | $0 | $0 | $2,596 |
| Program Expenses | $297 | $0 | $0 | $297 |
| Education | $318 | $0 | $0 | $283 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $1,392,328 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FINANCIAL ADVISOR FEES | $62,500 | $62,500 | $0 | $0 |
| Other | $62,973 | $0 | $0 | $62,993 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Tax Payment | CategoryTxt |
| Amt | $3,595 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |