2018-01-18T07:46:03-08:00 2016-12-31 OBrien Shortle Reynolds & Sabotka PC 54 North Main Street Rutland VT 05701 990 2016-01-01 036009701 CALVIN COOLIDGE PRESIDENTIAL FOUNDATION INC CALV 8026723389 BOX 97 PLYMOUTH VT 05056 AMITY SHLAES CHAIR & CEO 2018-01-18 true Gwen Flewelling P01283080 8027738344 2016 2021-01-29 14:40:06Z X AMITY SHLAES 15 WILLOW PLACE BROOKLYN NY 11201 1475710 false false X HTTPS://COOLIDGEFOUNDATION.ORG X 1960 VT TO PERPETUATE THE MEMORY OF CALVIN COOLIDGE,THE 30TH PRESIDENT OF THE UNITED STATES THROUGH EDUCATION. 20 19 7 130 0 1097618 1326845 19783 9536 47008 45444 2862 1164409 1384687 58683 56010 0 449870 483609 0 135067 397788 571231 906341 1110850 258068 273837 2864195 3245447 21987 35628 2842208 3209819 X TO PERPETUATE THE MEMORY OF CALVIN COOLIDGE,THE 30TH PRESIDENT OF THE UNITED STATES THROUGH EDUCATION. false false 441188 4161 The Coolidge Foundation hosts programs around the country that seek to educate and to perpetuate the memory and legacy of President Calvin Coolidge. In addition to programs described in 4b and 4c, these programs include a Coolidge-themed event/lecture series, a Washington, DC Summit for high schoolers focused on the Coolidge presidency, the Calvin Writing Prize for Vermont youth, a printed newsletter, a weekly e-newsletter, an active website with educational materials, and history education programs at the President Calvin Coolidge State Historic Site for students of all ages. 151899 54010 5375 Debate Program The Foundation operates a high school debate program that emphasizes Coolidge-related topics and content instruction. The hallmark of the debate program is the Coolidge Cup, a national debate tournament with contests held around the country that culminate in a championship tournament held at the President Calvin Coolidge State Historic Site in Plymouth, Vermont each summer. In addition to the Cup, the Foundation also hosts a week-long debate summer camp as well as shorter debate training days for groups and schools. Hundreds pass through the debate program each year. 98219 The Coolidge Scholarship The Foundation operates a merit scholarship program that awards full-ride undergraduate scholarships to outstanding high school students. The scholarship program attracts thousands of students each year, each of whom learns about President Coolidge and his values through the course of applying for the scholarship. The Coolidge Foundation conducts a rigorous, multi-stage, review process that culminates with in-person interviews with a finalist jury. In 2016 the first three Coolidge Scholarship recipients were named. The chief criterion is academic excellence. Secondary criteria include interest in policy, appreciation for the values Coolidge championed, humility, and service. 104910 2000 796216 true true false false false false false true false true true false false true false true true false false false false false false false true false false true true true false false false false false false false false true false false true false false false false false false false false false true 21 0 false 7 true false false false false false false true true false 0 false false false false false false false false false false X 20 19 false false false false false false false true true false false false true true true true true true true false AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN NC ND NH NJ NM NY OH OK PA RI SC TN UT VA WA WI WV X X MATTHEW DENHART 8026723389 PO BOX 97 PLYMOUTH VT 05056 ANN SHRIVER SARGENT Trustee 1.50 0.00 X 0 0 0 ROBERT A CERASOLI VICE CHAIR 1.50 0.00 X X 0 0 0 HEIDI B ELDRED Trustee 1.50 0.00 X 0 0 0 JAMES H DOUGLAS Secretary 1.50 0.00 X X 0 0 0 ROBY HARRINGTON III Trustee 1.50 0.00 X 0 0 0 CHRISTOPHER C JETER Treasurer 1.50 0.00 X X 0 0 0 LESLIE KEEFE Trustee 1.50 0.00 X 0 0 0 AMBASSADOR C BOYDEN GRAY Trustee 1.50 0.00 X 0 0 0 CATHERINE M NELSON VICE CHAIR 1.50 0.00 X X 0 0 0 DR JOHN TOMASI Trustee 1.50 0.00 X 0 0 0 REBEKAH MERCER Trustee 1.50 0.00 X 0 0 0 CHRIS NUNN Trustee 1.50 0.00 X 0 0 0 GARLAND TUCKER III Trustee 1.50 0.00 X 0 0 0 JOHN W CHILDS Trustee 1.50 0.00 X 0 0 0 JENNIFER L FOSTER Trustee 1.50 0.00 X 0 0 0 DAVID C JOHNSON Trustee 1.50 0.00 X 0 0 0 SANDRA E GALE Trustee 1.50 0.00 X 0 0 0 ROBERT LUDDY Trustee 1.50 0.00 X 0 0 0 THOMAS COOLEY Trustee 1.50 0.00 X 0 0 0 AMITY SHLAES CHAIR & CEO 50.00 0.00 X X 180000 0 22141 KURT SCHMOKE Trustee 1.50 0.00 X 0 0 0 MILTON G VALERA Trustee 1.50 0.00 X 0 0 0 MATTHEW DENHART Executive Dir. 50.00 0.00 X 121160 0 15746 301160 37887 2 false true false 0 357353 969492 32721 1326845 HIGH SCHOOL DEBATES 5375 5375 Membership Dues & Assessments 611710 4161 4161 9536 45444 45444 0 0 0 0 78768 357353 78768 0 0 15117 12255 2862 2862 0 1384687 57842 42760 42760 13250 13250 0 0 339047 196647 64419 77981 0 133444 78244 24738 30462 0 11118 6512 2067 2539 0 0 8567 8567 20871 20871 0 0 0 36021 33556 2465 0 17798 10440 3297 4061 0 0 10219 10219 38456 19228 11536 7692 0 0 0 0 47048 47048 5965 5965 PROGRAM EXPENSES 338450 338450 INVESTMENT EXPENSE 15520 15520 SUPPLIES 11512 11512 CHURCH EXPENSES 5977 5977 14827 4104 9903 820 1110850 796216 179567 135067 319765 292718 0 0 124500 0 0 0 10937 10937 7061 8950 1359984 794600 604245 565384 1439065 1585098 0 0 38733 30545 444389 627315 2864195 3245447 21653 35396 334 232 21987 35628 X 1197948 1726254 1062208 901513 582052 582052 2842208 3209819 2864195 3245447 X 273837 128069 -34295 X false true X false false X 133272 416178 808579 1117401 1336381 3811811 3867 6275 7214 8441 15117 40914 0 0 0 137139 422453 815793 1125842 1351498 3852725 14435 199638 364723 671300 771439 2021535 0 14435 199638 364723 671300 771439 2021535 1831190 41187 39653 39926 47008 45444 213218 0 41187 39653 39926 47008 45444 213218 0 0 178326 462106 855719 1172850 1396942 4065943 0.45040 0.47240 0.05240 0.07150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 133342 X X X X false 1099190 98495 11253 1186432 509765 605113 -9034 6654 1099190 488089 21676 509765 433940 488089 456819 433940 0.50950 0.49050 false false false 1178684 621963 556721 89029 87620 1409 92271 85017 7254 565384 Coolidge Scholars Program Cash 384934 Memorabilia 133342 627315 X 1475710 91023 91023 1384687 1384687 1201873 91023 91023 1110850 1110850 Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE ORGANIZATION OWNS A MODEST COLLECTION OF HISTORICAL DOCUMENTS, MEMORABILIA, AND ARTWORK RELATED TO THE LIFE, CAREER, AND LEGACY OF PRESIDENT CALVIN COOLIDGE. THIS COLLECTION IS USED TO FURTHER THE FOUNDATION'S MISSION THROUGH PUBLIC EDUCATION AND PRESERVATION. Part X : FIN48 Footnote The Foundation is tax exempt under provisions of IRS Section 501(c)(3) and as such pays no tax on its exempt function income.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Foundation and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more-likely-than-not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Foundation, and has concluded that as of December 31, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2013. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 NETTED: DIRECT FUNDRAISING EXPENSE $78768 NETTED: COST OF GOOD SOLD $12255 Part XII, Line 2d: Other expenses and losses per audited F/S NETTED: DIRECT FUNDRAISING EXPENSES $78768 NETTED: COST OF GOODS SOLD $12255 false FALL EVENT 410406 349756 60650 60650 AUGUST GALA DINNER 25715 7597 18118 18118 436121 357353 78768 78768 78768 Part I, Line 2b - Fundraiser Additional Information Fall Event in New York City true DEBATE INSTITUTES AT DARTMOUT ROBINSON HALL 207 HANOVER NH 03755 461546109 12760 0 TO PROVIDE DEBATE CAMP SCHOLARSHIPS NEW YORK CITY URBAN DEBATE 25 BROADWAY 12TH FL NEW YORK NY 10004 455249743 20000 0 SPONSOR TWO DEBATE TOURNAMENTS 2016 0 2 YOUTH WRITING PRIZE 2 2000 DEBATE SCHOLARSHIP 9 11000 HISTORY DAY AWARD 1 250 X X X X false false false false false false false false false false AMITY SHLAES CHAIR & CEO 180000 22141 202141 FRED WAINWRIGHT FORMER TRUST 14896 INVESTMENT FEES false AMITY SHLAES CHAIRMAN & C 202141 COMP & BENEFITS false Schedule L, Part V Supplemental Information FRED WAINWRIGHT A FORMER TRUSTEE OF THE CALVIN COOLIDGE PRESIDENTIAL FOUNDATION, SERVES AS A PORTFOLIO MANAGER MANAGING THE FOUNDATION'S INVESTMENTS AT LEDYARD BANK IN HANOVER, NH. MR WAINWRIGHT AS PAID AS AN EMPLOYEE OF LEDYARD BANK. THE COOLIDGE FOUNDATION PAID INVESTMENT FEES TO LEDYARD BANK. THE TERMS OF THESE FEES WERE NO MORE ONEROUS THAN THE TERMS OF FEES CHARGED OTHER ORGANIZATIONS BY LEDYARD BANK. THE COOLIDGE FOUNDATION'S INVESTMENTS HAVE BEEN MANAGED BY LEDYARD BANK SINCE 2008, PRIOR TO MR WAINWRIGHT JOINING THE BOARD OF TRUSTEES. MR. WAINWRIGHT RESIGNED HIS POSITION ON THE COOLIDGE FOUNDATION'S BOARD OF TRUSTEES ON JULY 30, 2014.AMITY SHLAES SERVES AS CHAIRMAN OF THE BOARD OF TRUSTEES AND AS CHIEF EXECUTIVE OFFICER. SHE IS PAID A SALARY FOR HER DUTIES AS CHIEF EXECUTIVE OFFICER. THE SALARY WAS DETERMINED BY VOTE OF THE BOARD OF TRUSTEES AND WAS DETERMINED BY THE BOARD AFTER CONSIDERING COMPENSATION FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. X 4 32721 FMV false false true Part I, Line 32, Hire and Use of Third Parties LEDYARD FINANCIAL ADVISORS RECEIVES AN INVESTMENT FEE TO MANAGE THE COOLIDGE FOUNDATION'S INVESTMENTS, WHICH INCLUDES RECEIVING AND SELLING GIFTS OF STOCK. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Debate Program The Foundation operates a high school debate program that emphasizes Coolidge-related topics and content instruction. The hallmark of the debate program is the Coolidge Cup, a national debate tournament with contests held around the country that culminate in a championship tournament held at the President Calvin Coolidge State Historic Site in Plymouth, Vermont each summer. In addition to the Cup, the Foundation also hosts a week-long debate summer camp as well as shorter debate training days for groups and schools. Hundreds pass through the debate program each year. OTHER PROGRAM SERVICES 5: The Coolidge Scholarship The Foundation operates a merit scholarship program that awards full-ride undergraduate scholarships to outstanding high school students. The scholarship program attracts thousands of students each year, each of whom learns about President Coolidge and his values through the course of applying for the scholarship. The Coolidge Foundation conducts a rigorous, multi-stage, review process that culminates with in-person interviews with a finalist jury. In 2016 the first three Coolidge Scholarship recipients were named. The chief criterion is academic excellence. Secondary criteria include interest in policy, appreciation for the values Coolidge championed, humility, and service. OTHER PROGRAM SERVICES 6: Coolidge Senators Program -- The Coolidge Senators Program honors the top applicants to the Coolidge Scholarship by hosting them at the annual Coolidge Senators Summit in Washington, DC. While in Washington the students tour all three branches of government, attend seminars with nationally known policy experts and business leaders, and engage in formal debates on issues in public policy. The students remain engaged to the Coolidge Foundation through the Coolidge Senators Network. Form 990, Part VI, Line 11b: Form 990 Review Process THE 990 WAS REVIEWED BY THE INVESTMENT/AUDIT COMMITTEE, MANAGEMENT, AND OUTSIDE COUNSEL. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts TRUSTEES REQUIRED TO DISCLOSE IN WRITING ANY CONFLICTS OF INTEREST. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management CEO's salary was determined by vote of the Board of Trustees based on comparable salaries for comparable positions at similar organizations. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Form 990, Part VI, Line 15B: Executive Director's salary was determined by vote of the Board of Trustees based on comparable salaries for comparable positions at similar organizations. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ORGANIZATION BYLAWS AVAILABLE VIA ORGANIZATION'S WEBSITE. Other Changes In Net Assets Or Fund Balances - Other Decreases REALIZED LOSSES ON INVESTMENTS = -$34295