BETA

FRIES FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
FRIES FOUNDATION (EIN 46-5144602)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-09-13
IRS object ID
201802569349100215
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)
Return2018-09-13T14:19:46-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465144602EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Fries FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlFRIEBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL T FRIESPersonNm
Person TitlePresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2018-08-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address24.187.244.114IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id06391520182565000005FederalOriginalSubmissionId
Federal Original Submission Id2018-09-13FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdA03CA8425FE017993163D7917FD3F5FFAC126974AtSubmissionCreationDeviceId
At Submission Filing Device Id54CCAE8F7BC02385263C2CCCA723B6609AD4C170AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,231,623FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$179,270ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$34InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$34InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$275,942NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,309,708GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$645,412CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$12,084OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$5,069OtherIncomeNetInvstIncmAmt
Total Rev And Expnss-$84,554TotalRevAndExpnssAmt
Total Net Invst Incm$650,515TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$4,900TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$17,991OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$17,991OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$22,891TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$17,991TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,824,727ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,824,727ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,847,618TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,842,718TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,932,172ExcessRevenueOverExpensesAmt
Net Investment Income$650,515NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$453,825SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$107,303SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$107,303SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,012,986CorporateStockBOYAmt
Corporate Stock EOY$1,427,336CorporateStockEOYAmt
Corporate Stock EOYFMV$1,624,320CorporateStockEOYFMVAmt
Other Assets BOY$500,000OtherAssetsBOYAmt
Other Assets EOY$500,000OtherAssetsEOYAmt
Other Assets EOYFMV$500,000OtherAssetsEOYFMVAmt
Total Assets BOY$3,966,811TotalAssetsBOYAmt
Total Assets EOY$2,034,639TotalAssetsEOYAmt
Total Assets EOYFMV$2,231,623TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$3,966,811RetainedEarningBOYAmt
Retained Earning EOY$2,034,639RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,966,811TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,034,639TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,966,811TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,034,639TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,966,811TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,932,172ExcessRevenueOverExpensesAmt
Subtotal$2,034,639SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,034,639TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$1,309,708GrossSalesPriceAmt
Cost Or Other Basis$664,296CostOrOtherBasisAmt
Gain Or Loss$645,412GainOrLossAmt
Gains Minus Excess Or Losses$645,412GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$645,412CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,192,518AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,511,249NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.47487DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,974,510AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,884,498NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.047764DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,493,536AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,594,692NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.575612DistributionYr3Rt
Adjusted Qlfy Distri Yr4$0AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$0NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.0DistributionYr4Rt
Adjusted Qlfy Distri Yr5$0AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$0NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.0DistributionYr5Rt
Total Distribution2.098246TotalDistributionRt
Average Distribution0.699415AverageDistributionRt
Net Vl Noncharitable Assets$2,556,019NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,787,718AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$6,505NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,794,223AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,842,718QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$6,505InvestmentIncomeExciseTaxAmt
Subtotal$6,505SubtotalAmt
Tax Based On Investment Income$6,505TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$10,900EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$2,436ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$13,336TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$6,831OverpaymentAmt
Applied To ES Tax$6,831AppliedToESTaxAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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 PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
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

FieldValueIRS element (for citing)
PersonMichael T FriesPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitlePres / Dir / Sec / TreasTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,357,668AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$237,275AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,594,943TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,594,943AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$38,924CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,556,019NetVlNoncharitableAssetsAmt
Minimum Investment Return$127,801MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$127,801MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,505TaxBasedOnInvestmentIncomeAmt
Total Tax$6,505TotalTaxAmt
Distributable Before Adj$121,296DistributableBeforeAdjAmt
Distributable Before Ded$121,296DistributableBeforeDedAmt
Distributable As Adjusted$121,296DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,842,718ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,842,718QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$6,505PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,836,213AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$121,296DistributableAsAdjustedAmt
Prior Year12015PriorYear1Yr
Prior Year22014PriorYear2Yr
Prior Year32013PriorYear3Yr
Excess Distribution Cyov Yr3$1,418,283ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,918,053ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,072,857ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,409,193TotalExcessDistributionCyovAmt
Qualifying Distributions$1,842,718QualifyingDistributionsAmt
Applied To Current Year$121,296AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,721,422RemainingDistriFromCorpusAmt
Total Corpus$6,130,615TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$6,130,615ExcessDistriCyovToNextYrAmt
Excess From Year3$1,418,283ExcessFromYear3Amt
Excess From Year2$1,918,053ExcessFromYear2Amt
Excess From Year1$1,072,857ExcessFromYear1Amt
Excess From Current Year$1,721,422ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMichael T FriesContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALLIANCE FOR CHOICE IN EDUCATION
1201 E COLFAX AVE STE 302DENVERCO80218N/APCCharitable Event$50,000
BIG GREEN
1637 PEARL ST STE 201BOULDERCO80302N/APCCharitable Event$10,100
BIG GREEN
1637 PEARL ST STE 201BOULDERCO80302N/APCCharitable Event$25,000
CHAPEL & YORK FOUNDATION INC
1000 N W ST 1200WILMINGTONDE19801N/APCLessons for Life Foundation$63,160
CONSERVATION COLORADO EDUCATION FUND
1536 WYNKOOP ST STE 510DENVERCO80202N/APCCharitable Event$2,500
DENVER ART MUSEUM INC
100 W 14TH AVE PKWYDENVERCO80204N/APCCharitable Event$25,000
DENVER ART MUSEUM INC
100 W 14TH AVE PKWYDENVERCO80204N/APCCharitable Event$800
DENVER BIENNIAL OF THE AMERICAS CORPORATION
1550 WEWATTA ST STE 950DENVERCO80202N/APCCharitable Event$100,000
DENVER BIENNIAL OF THE AMERICAS CORPORATION
1550 WEWATTA ST STE 950DENVERCO80202N/APCCharitable Event$10,000
DSST PUBLIC SCHOOLS FOUNDATION
3401 QUEBEC ST NO 2000DENVERCO80207N/APCCharitable Event$50,000
DSST PUBLIC SCHOOLS FOUNDATION
3401 QUEBEC ST NO 2000DENVERCO80207N/APCSlice of Pi Matching Gift$100,000
GLOBAL DOWN SYNDROME FOUNDATION
3300 E 1ST AVE STE 390DENVERCO80206N/APCCharitable Event$25,000
GRALAND COUNTRY DAY SCHOOL FOUNDATION
3575 E CHERRY CREEK N DRDENVERCO80209N/APCThe McCaffrey Endowment Fund for Early Childhood Learning Center$66,667
JUDIS HOUSE
1741 GAYLORD STDENVERCO80206N/APCCharitable Event$1,500
MCA DENVER
1485 DELGANY STDENVERCO80202N/APCCharitable Event$25,000
STANLEY BRITISH PRIMARY SCHOOL
350 QUEBEC CTDENVERCO80230N/APCfor the Middle School Technology Fund and to provide annual operating support$90,000
STRIVE PREPARATORY SCHOOLS
2480 W 26TH AVE B-360DENVERCO80211N/APCGeneral & Unrestricted$50,000
TEACH FOR AMERICA - DENVER
1391 SPEER BLVD STE 710DENVERCO80204N/APCGeneral & Unrestricted$20,000
TRUSTEES OF COLUMBIA UNIVERSITY
33 W 60TH ST 7TH FLNEW YORKNY10023N/APCThe Fries Professorship of Media and Technology Fund$500,000
UNITED STATES SKI TEAM FOUNDATION
1 VICTORY LN BOX 100PARK CITYUT84060N/APCCharitable Event$10,000
WESLEYAN UNIVERSITY The Wesleyan Fund
318 HIGH STMIDDLETOWNCT06459N/APCRenovation of Fisk Hall, Financial Aid through the Wesleyan Fund and The Fries Center Fund for Internships$600,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,824,727TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$34ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$275,942ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
Federal Tax Refund01$7,015
INTEREST INCOME FROM PRI14$5,069

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$263,824ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$263,824TotalIncomeProducingActyAmt

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 PersonFries Michael TContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11550 Wewatta Street Suite 1000AddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80202ZIPCd
FieldValueIRS element (for citing)
Total Contributions$179,270TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LESSONS FOR LIFE FOUNDATIONBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line138 HANS CRESCENTAddressLine1Txt
CityLONDONCityNm
CountryUKCountryCd
Foreign PostalSW1X 0LZForeignPostalCd
FieldValueIRS element (for citing)
Grant2014-10-15GrantDt
Grant$63,022GrantAmt
Purpose Of GrantTO SUPPORT THE DEVELOPING GOOD PRACTICE IN TEACHING & LEARNING PROGRAMMEPurposeOfGrantTxt
Expended By Grantee$63,022ExpendedByGranteeAmt
Any Diversion By GranteeNOAnyDiversionByGranteeTxt
Dates Of Reports By Grantee8/24/15, 5/25/16, 6/13/17DatesOfReportsByGranteeTxt
Results Of Verificationnone necessaryResultsOfVerificationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockLIBERTY GLOBAL PLC - SERIES CStockNm
EOY Book Value$1,427,336EOYBookValueAmt
EOYFMV$1,624,320EOYFMVAmt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2017, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,824,727. This amount represents over 25% of the Foundation's net assets of $3,749,789 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2017. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescMUSEUM OF CONTEMPORARY ART DENDesc
EOY Book Value$500,000EOYBookValueAmt
EOYFMV$500,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$17,966$17,966
State or Local Filing Fees$25$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Federal Tax Refund$7,015
Interest Income from PRI$5,069$5,069

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Estimated Tax for 2017CategoryTxt
Amt$4,900Amt

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