2018-04-17T10:06:31-07:00 2016-12-31 990PF 2016-01-01 456794415 James Lee Sorenson Family Foundation JAME 8014901000 299 S Main Street Salt Lake City UT 84111 James Lee Sorenson Trustee 2018-04-17 2016 2021-01-29 14:40:06Z X 47442556 X X 1267 1267 913365 913365 587158 11994186 844312 213357 27978 1715147 1786922 26502 249718 193218 56500 32050 7050 226 308496 200268 56500 1447000 1447000 1755496 200268 1503500 -40349 1586654 326 2598 2598 2081380 1568991 1568991 895079 773354 773354 24645792 32809476 32809476 3217979 3635887 3635887 13694313 5813308 5824822 2263922 2827429 2827428 46798791 47431043 47442556 0 X 46798791 47431043 46798791 47431043 46798791 47431043 46798791 -40349 672601 47431043 47431043 Publicly traded securities P 11994186 11149874 844312 844312 844312 false 2390906 45924663 0.05206 2335370 46802340 0.04990 1366455 43128151 0.03168 12804 1359626 0.00942 0.143061 0.035765 43969928 1572584 15867 1588451 2318527 X 15867 15867 15867 57741 57741 41874 41874 false false false false false false false false true true UT true false false false false true N/A Jim Sorenson 8014901013 299 S Main Street Suite 2200 Salt Lake City UT 84111 false false false false true false false false false false false true false false false false false false true false false true false false false false James Lee Sorenson 299 S Main Street Suite 2200 Salt Lake City UT 84111 Trustee 5.00 0 NONE Merrill Lynch Wealth Management 101 California Street Ste 2100 San Francisco CA 94111 Investment advice 193218 University of Utah 540 Arapeen Drive Suite 250 Salt Lake City UT 84108 Consulting 56500 Graduation Alliance: Increasing high school graduation rates; expanding job opportunities and bettering lifetime earnings potential for at-risk populations 250000 Better World Wireless: Offering mobile solutions to vulnerable populations for the purposes of increasing livelihoods and access to housing, health care, and job opportunities. 250000 315027 815027 41630693 2644473 364355 44639521 0 44639521 669593 43969928 2198496 2198496 15867 15867 2182629 2182629 2182629 1503500 815027 2318527 15867 2302660 2182629 2167685 2318527 2167685 0 150842 2031787 James Lee Sorenson X The Church of Jesus Christ of LDS 50 E North Temple Salt Lake City UT 84150 PC General support 1000000 Junior Achievement of Utah 515 South 700 East 1F Salt Lake City UT 84102 PC Silent auction sponsorship 3500 University of Utah 540 Arapeen Drive Suite 250 Salt Lake City UT 84108 PC Global Impact Investing Center 143500 Ballet West 52 West 200 South Salt Lake City UT 84101 PC Ballet West Acadamy studio general support; funding for annual scholarship; outreach sponsorship 300000 1447000 14 1267 14 913365 18 587158 Income from passthroughs 14 213357 1715147 1715147 false false false false false false false false false false Accounting 26502 0 0 0 VilCap Investments: Investing in positive social and/or environmental impact companies for such purposes as clean energy, increasing access to education and healthcare, and improving livelihoods of underprivileged populations. 13358 Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. 18500 Owl Ventures: Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities. 45000 Owl Ventures: Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities. 50000 Ojay Greene: Providing agribusiness solutions to smallholder farmers in Kenya to improve livlihoods, access to life necessities, and increasing job opportunities in underprivilged communities. 25000 Owl Ventures: Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities. 50000 Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. 34000 Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. 16500 Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. 20500 VilCap Investments: Investing in positive social and/or environmental impact companies for such purposes as clean energy, increasing access to education and healthcare, and improving livelihoods of underprivileged populations. 42169 Merrill Lynch Wealth Management The foundation paid fees to Merrill Lynch for investment advisory services. The fees were determined at arms length and represent fair market value for the services rendered. University of Utah The University provides consulting services with respect to making program-related investments and managing impact investments. Comcast Corp 154680 154680 Wachovia Corp 159960 159960 General Electric 159693 159693 AT&T Inc 264330 264330 Boeing Co 277380 277380 JPMorgan Chase & Co 276116 276116 Newmont Mining Corp 324693 324693 Goldman Sachs Group 277860 277860 Kinder Morgan Energy Partners 272397 272397 Waste Management Inc 273469 273469 Hewlett-Packard Co 321034 321034 Watson Pharmaceuticals 250987 250987 Apple Inc GLB Feb 2023 203257 203257 Enterprise Products Feb 2024 104601 104601 Enterprise Products Feb 2022 106937 106937 Morgan Stanley GLB JUL 2025 208493 208493 Publicly traded stocks (see stmt) 32809476 32809476 773354 773354 Ascend Access LTD FMV 699934 699934 Carlson Double Black Diamond FMV 1128306 1128306 OZOFII Access LTD FMV 1424902 1424902 ML Winton Futures Access FMV 492335 492335 SLP IV Technology Fund FMV 376276 376276 CSP III Distressed Opp Fund FMV 276745 276745 Czech II Senior Loan Trust FMV 448266 448266 Blackstone Strategic Partners LP FMV 293567 293567 LS Real Estate Recovery IV Trust FMV 118568 118568 Czech III Senior Loan Trust FMV 188666 188666 Turner-Agassi Educational Facilities FMV 12902 12902 Rounding 1 Bank charges 155 Supplies 71 Income from passthroughs 213357 27978 Impact consulting 56500 0 0 56500 Investment advisory fees 193218 193218 0 0 Federal taxes 25000 Foreign taxes 7050 7050