AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION INC (EIN 27-5024342)
Tax period
2016-05-01 to 2017-04-30
Filed
2018-01-11
IRS object ID
201810119349300726
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

FieldValueIRS element (for citing)
Return2018-01-11T11:56:44-06:00ReturnTs
Tax Period End2017-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521855942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tate and TryonBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12021 L Street NW Suite 400AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN275024342EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE AMERICAN COLLEGE OF TRUST AND ESTATEBusinessNameLine1Txt
Business Name Line2COUNSEL FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone2026848460PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 15th Street NW No 525AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames D Spratt JrPersonNm
Person TitletreasurerPersonTitleTxt
Phone2026848460PhoneNum
Signature2018-01-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonElizabeth HellerPreparerPersonNm
PTINP00397829PTIN
Phone2022932200PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address216.59.105.130IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-01-11IPDt
IP Tm11:56:39IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id8B6C6DF7A8E3B84B5AE7D1943EC3750B5C691B8FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerL Henry Gissel JrPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 15th Street NW No 525AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$260,063GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.actecfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTo support the educational and other charitable activities of the American College of Trust and Estate Counsel and its fellows by supporting efforts to improve the law, our practice, our profession and communities.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers31TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$108,604PYContributionsGrantsAmt
CY Contributions Grants$129,388CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$29,596PYInvestmentIncomeAmt
CY Investment Income$90,915CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$138,200PYTotalRevenueAmt
CY Total Revenue$220,303CYTotalRevenueAmt
PY Grants And Similar Paid$37,250PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$159,430CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$27,051CYTotalFundraisingExpenseAmt
PY Other Expenses$62,874PYOtherExpensesAmt
CY Other Expenses$75,070CYOtherExpensesAmt
PY Total Expenses$100,124PYTotalExpensesAmt
CY Total Expenses$234,500CYTotalExpensesAmt
PY Revenues Less Expenses$38,076PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$14,197CYRevenuesLessExpensesAmt
Total Assets BOY$1,515,372TotalAssetsBOYAmt
Total Assets EOY$1,732,538TotalAssetsEOYAmt
Total Liabilities BOY$51,718TotalLiabilitiesBOYAmt
Total Liabilities EOY$157,448TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,463,654NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,575,090NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe ACTEC Foundation promotes: (a) scholarship and education in trust, estate, tax and related areas of the law by supporting scholarship to improve the law and by encouraging teaching, careers and life-long learning in the area; and (b) civic engagement of individual Fellows of the American College of Trust and Estate Counsel through programs and activities which serve the general community, including those who are at risk and underserved.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$159,430ExpenseAmt
Grant$159,430GrantAmt
DescScholarship and education in trust, estate, tax, and related areas of the law by supporting scholarship to improve the law and by encouraging teaching careers and life-long learning in the areas; and civic engagement of individual fellows through programs and activities which serve the general community, including those who are at risk and underserved.Desc
Total Program Service Expenses$159,430TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1brendan mcginnBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2026848460PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 15th Street NW No 525AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Martin Hall
President5.000.00Yes (X)Yes (X)$0$0$0
L Henry Gissel Jr
Vice President5.000.00Yes (X)Yes (X)$0$0$0
John A Terrill II
Treasurer5.0010.00Yes (X)Yes (X)$0$0$0
Stephen R Akers
Secretary5.0010.00Yes (X)Yes (X)$0$0$0
Elaine M Bucher
Director2.002.00Yes (X)$0$0$0
Henry Christensen III
Director2.000.00Yes (X)$0$0$0
C Fred Daniels
Director2.000.00Yes (X)$0$0$0
Mickey R Davis
Director2.002.00Yes (X)$0$0$0
P Daniel Donohue
Director2.000.00Yes (X)$0$0$0
David M English
Director2.000.00Yes (X)$0$0$0
Charles D Fox IV
Director2.0010.00Yes (X)$0$0$0
Lynne K Green
Director2.002.00Yes (X)$0$0$0
Susan T House
Director2.0010.00Yes (X)$0$0$0
Cynthia G Lamar-Hart
Director2.000.00Yes (X)$0$0$0
William P LaPiana
Director2.000.00Yes (X)$0$0$0
Laird A Lile
Director2.002.00Yes (X)$0$0$0
James M Maddox
Director2.000.00Yes (X)$0$0$0
C Kevin McCrindle
Director2.002.00Yes (X)$0$0$0
Judith W McCue
Director2.000.00Yes (X)$0$0$0
Peter T Mott
Director2.000.00Yes (X)$0$0$0
Barry A Nelson
Director2.000.00Yes (X)$0$0$0
Cynda C Ottaway
Director2.0020.00Yes (X)$0$0$0
John T Rogers Jr
Director2.000.00Yes (X)$0$0$0
Joshua S Rubenstein
Director2.000.00Yes (X)$0$0$0
Margaret E W Sager
Director2.002.00Yes (X)$0$0$0
Kurt A Sommer
Director2.002.00Yes (X)$0$0$0
James D Spratt Jr
Director2.002.00Yes (X)$0$0$0
Bruce Stone
Director2.002.00Yes (X)$0$0$0
Robert E Temmerman Jr
Director2.002.00Yes (X)$0$0$0
Margaret Van Houten
Director2.002.00Yes (X)$0$0$0
Richard D Woods
Director2.000.00Yes (X)$0$0$0
Susan L Abbott
Director2.000.00Yes (X)$0$0$0
Ann B Burns
Director2.002.00Yes (X)$0$0$0
Stephenie B Casteel
Director2.000.00Yes (X)$0$0$0
Erik Dryburgh
Director2.000.00Yes (X)$0$0$0
Susan N Gary
Director2.002.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$129,388AllOtherContributionsAmt
Total Contributions$129,388TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,075TotalRevenueColumnAmt
Exclusion$32,075ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$98,600SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$39,760SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$58,840SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$58,840TotalRevenueColumnAmt
Exclusion$58,840ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$220,303TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$90,915ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$135,481TotalAmt
Program Services$135,481ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$23,949TotalAmt
Program Services$23,949ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,290TotalAmt
Management And General$10,290ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$16,881TotalAmt
Management And General$16,881ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$31,311TotalAmt
Management And General$4,260ManagementAndGeneralAmt
Fundraising$27,051FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,427TotalAmt
Management And General$2,427ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$11,400TotalAmt
Management And General$11,400ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,598TotalAmt
Management And General$1,598ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
Desctaxes and licensesDesc
Total$1,163TotalAmt
Management And General$1,163ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$234,500TotalAmt
Program Services$159,430ProgramServicesAmt
Management And General$48,019ManagementAndGeneralAmt
Fundraising$27,051FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$118,586BOYAmt
EOY$123,026EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$17,150EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,535LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,942LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,636BOYAmt
EOY$5,593EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,385,739BOYAmt
EOY$1,586,769EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,411BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,515,372BOYAmt
EOY$1,732,538EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,341BOYAmt
EOY$2,887EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$49,377BOYAmt
EOY$131,223EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$23,338EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$51,718BOYAmt
EOY$157,448EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,194,231BOYAmt
EOY$1,279,800EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$22,117EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$269,423BOYAmt
EOY$273,173EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,463,654BOYAmt
EOY$1,575,090EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,515,372BOYAmt
EOY$1,732,538EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$14,197ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$125,633NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$148,689CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$164,006CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$151,055CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$108,604CurrentTaxYearMinus1YearAmt
Current Tax Year$129,388CurrentTaxYearAmt
Total$701,742TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$148,689CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$164,006CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$151,055CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$108,604CurrentTaxYearMinus1YearAmt
Current Tax Year$129,388CurrentTaxYearAmt
Total$701,742TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$5,000CurrentTaxYearMinus1YearAmt
Current Tax Year$11,700CurrentTaxYearAmt
Total$79,700TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$5,000CurrentTaxYearMinus1YearAmt
Current Tax Year$11,700CurrentTaxYearAmt
Total$79,700TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$622,042PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,235CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,605CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,201CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,379CurrentTaxYearMinus1YearAmt
Current Tax Year$32,075CurrentTaxYearAmt
Total$104,495TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,235CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,605CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,201CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,379CurrentTaxYearMinus1YearAmt
Current Tax Year$32,075CurrentTaxYearAmt
Total$104,495TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$158,924CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$177,611CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$172,256CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$135,983CurrentTaxYearMinus1YearAmt
Current Tax Year$161,463CurrentTaxYearAmt
Total$806,237TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.77150PublicSupportCY509Pct
Investment Income CY0.12960InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$254,565BeginningYearBalanceAmt
Contributions$3,750ContributionsAmt
Investment Earnings Or Losses$36,975InvestmentEarningsOrLossesAmt
End Year Balance$295,290EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$275,974BeginningYearBalanceAmt
Contributions$3,600ContributionsAmt
Investment Earnings Or Losses-$1,630InvestmentEarningsOrLossesAmt
Other Expenditures$23,379OtherExpendituresAmt
End Year Balance$254,565EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$264,298BeginningYearBalanceAmt
Contributions$1,525ContributionsAmt
Investment Earnings Or Losses$20,522InvestmentEarningsOrLossesAmt
Other Expenditures$10,371OtherExpendituresAmt
End Year Balance$275,974EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$262,298BeginningYearBalanceAmt
Contributions$2,000ContributionsAmt
End Year Balance$264,298EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$261,198BeginningYearBalanceAmt
Contributions$1,100ContributionsAmt
End Year Balance$262,298EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.92510PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.07490TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,535OtherCostOrOtherBasisAmt
Depreciation$7,942DepreciationAmt
Book Value$5,593BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,593TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDue to ACTECDesc
Amt$23,338Amt
FieldValueIRS element (for citing)
Total Liability$23,338TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$460,760TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$125,633NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$131,705DonatedServicesAndUseFcltsAmt
Revenue Not Reported$257,338RevenueNotReportedAmt
Revenue Subtotal$203,422RevenueSubtotalAmt
Investment Expenses Not Incld$16,881InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$16,881RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$220,303TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$349,324TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$131,705DonatedServicesUseFcltsAmt
Expenses Not Reported$131,705ExpensesNotReportedAmt
Expenses Subtotal$217,619ExpensesSubtotalAmt
Investment Expenses Not Incld2$16,881InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$16,881ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$234,500TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1University of IowaBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1118 S Clinton StreetAddressLine1Txt
CityIowa CityCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52242ZIPCd
FieldValueIRS element (for citing)
Recipient EIN426004813RecipientEIN
IRC Section115IRCSectionDesc
Cash Grant$20,000CashGrantAmt
Purpose Of GrantGrant for University of Iowa SymposiumPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Mary Moers Wenig Student Writing Competition5$10,000
Young Leaders Program Grant12$13,949

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationOrganization receives report from the grantees at the organizaton's Annual Meeting, as well as receives copies of any output from the grant (publications, papers, etc.).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 1THE EXECUTIVE COMMITTEE SHALL INCLUDE THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER AND THE CHAIR OF THE GRANTS COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION BETWEEN MEETINGS OF THE BOARD, EXCEPT AS OTHERWISE LIMITED IN THE FOUNDATION'S BYLAWS.
Form 990, Part VI, Section A, line 2JOHN A. TERRILL II AND MARGARET E.W. SAGER - BUSINESS RELATIONSHIP
Form 990, Part VI, Section B, line 11bTHE FORM 990 IS REVIEWED BY MANAGEMENT AND A DESIGNATED BOARD MEMBER. PRIOR TO FILING, A COPY OF THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY.
Form 990, Part VI, Section B, line 12cTHE ORGANIZATION PUT ITS CONFLICT OF INTEREST POLICY INTO PLACE IN THE FALL OF 2010. OPERATIONALLY, THE ORGANIZATION HAS CHECKS AND BALANCES TO MONITOR THE CONFLICT OF INTEREST POLICY TO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST.
Form 990, Part VI, Section C, line 19Copies of the governing documents, conflict of interest policy, and financial statements are made available upon request.
FORM 990, PART XII, LINE 2C:THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN COLLEGE OF TRUST & ESTATE COUNSELBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 15TH STREET NW SUITE 525AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
EIN274395855EIN
Primary ActivitiesDEVELOPING QUALIFIED TRUST AND ESTATE COUNSELORS.PrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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