THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION (EIN 51-0260302)
- Tax period
- 2016-05-01 to 2017-04-30
- Filed
- 2017-08-18
- IRS object ID
- 201722309349100807
- 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
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-18T15:32:32-06:00 | ReturnTs |
| Tax Period End | 2017-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461336065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SORENSEN & FLANAGAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1845 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510260302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN & FOSTER FRIESS FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LYNN | BusinessNameControlTxt |
| Phone | 3077339587 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FOSTER S FRIESS | PersonNm |
| Person Title | PRES./V.P. | PersonTitleTxt |
| Phone | 3077333938 | PhoneNum |
| Signature | 2017-07-20 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES T SORENSEN CPA | PreparerPersonNm |
| PTIN | P00053706 | PTIN |
| Phone | 3077333938 | PhoneNum |
| Preparation | 2017-08-18 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 5F7CAAC4788FE040E6B9AE46B3101F9D97E98571 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 40892EB5FA3F1A6B3F0BE78A4089B2582C51B545 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $75,351,904 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,650,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $134,645 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $134,645 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $131,203 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $131,203 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $169,824 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $169,824 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $169,824 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $601,937 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $601,937 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,687,609 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,037,609 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $55,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $9,071 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $11,562 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $729 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $729 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $763,346 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $700,053 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $47,302 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $842,208 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $700,053 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $48,031 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,603,163 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,603,163 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,445,371 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $700,053 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,651,194 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$757,762 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $337,556 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $32,897,261 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $32,742,470 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $32,742,470 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,746 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,282 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,282 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $38,051,182 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $41,311,473 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $41,311,473 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,235,430 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $2,294,370 | LandBOYAmt |
| Land EOY | $1,235,430 | LandEOYAmt |
| Land EOYFMV | $1,235,430 | LandEOYFMVAmt |
| Other Assets BOY | $66,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $59,249 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $59,249 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $73,311,559 | TotalAssetsBOYAmt |
| Total Assets EOY | $75,351,904 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $75,351,904 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $10,563 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $15,586 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $1,473 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,600 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,036 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,186 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $73,299,523 | RetainedEarningBOYAmt |
| Retained Earning EOY | $75,334,718 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $73,299,523 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $75,334,718 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $73,311,559 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $75,351,904 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $73,299,523 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$757,762 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,792,957 | OtherIncreasesAmt |
| Subtotal | $75,334,718 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $75,334,718 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| TETON CAPITAL FUND LP EIN 20-1662440 | P | 2016-07-01 | 2016-12-31 | $38,973 | $38,973 | $38,973 |
| TETON CAPITAL FUND LP EIN 20-1662440 | P | 2015-01-01 | 2016-12-31 | $130,851 | $130,851 | $130,851 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $169,824 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $38,973 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,143,445 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $72,537,452 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.057121 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $4,746,123 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $79,308,731 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059844 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,430,138 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $86,634,945 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051136 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,032,974 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $88,216,882 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.057052 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,188,456 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $95,920,590 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054091 | DistributionYr5Rt |
| Total Distribution | 0.279244 | TotalDistributionRt |
| Average Distribution | 0.055849 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $71,390,404 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,987,083 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,376 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,990,459 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,651,194 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,751 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,751 | SubtotalAmt |
| Tax Based On Investment Income | $6,751 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $16,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $9,249 | OverpaymentAmt |
| Applied To ES Tax | $9,249 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WY | OrgReportOrRegisterStateCd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JIM SORENSEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3077333938 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1845 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| FOSTER S FRIESS | ||||||||
| PO BOX 9790 | JACKSON | WY | 83002 | PRES./V.P. | 10.00 | $0 | $0 | $0 |
| LYNNETTE E FRIESS | ||||||||
| PO BOX 9790 | JACKSON | WY | 83002 | SEC./TREAS. | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN FRIESS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 11655 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | STAFF | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 26.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $55,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $39,558,311 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $32,919,257 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $72,477,568 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $72,477,568 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,087,164 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $71,390,404 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,569,520 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,569,520 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,751 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,751 | TotalTaxAmt |
| Distributable Before Adj | $3,562,769 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,562,769 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,562,769 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,651,194 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,651,194 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,651,194 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,562,769 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,421,401 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,651,194 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,421,401 | AppliedToYear1Amt |
| Applied To Current Year | $1,229,793 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,332,976 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | FOSTER FRIESS | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FOSTER FRIESS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3077399699 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN APPLICATION DESCRIBING NEED, INTENDED USE OF FUNDS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| NATIONAL CHRISTIAN FOUNDATION | ||||||||
| 11625 RAINWATER DRIVE | STE 500 | ALPHARATTE | GA | 30009 | NONE | PC | GENERAL CHARITABLE | $2,500,000 |
| JACKSON HOLE CLASSICAL ACADEMY | ||||||||
| PO BOX 7466 | JACKSON | WY | 83002 | NONE | PC | GENERAL CHARITABLE | $2,729 | |
| JACKSON HOLE CLASSICAL ACADEMY | ||||||||
| PO BOX 7466 | JACKSON | WY | 83002 | NONE | PC | SCHOOL FURNISHINGS AND EQUIPMENT | $41,494 | |
| COMMUNITY BIBLE CHURCH | ||||||||
| 1450 SOUTH PARK LOOP ROAD | JACKSON | WY | 83001 | NONE | PC | BUILDING AND LEASE | $794,205 | |
| JACKSON HOLE CLASSICAL ACADEMY | ||||||||
| PO BOX 7466 | JACKSON | WY | 83001 | PC | PROPERTY LEASE | $264,735 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,603,163 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $134,645 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $131,203 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $601,937 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $169,824 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,037,609 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,037,609 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | LYNNETTE E AND FOSTER S FRIESS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,650,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| SORENSEN & SORENSEN, LLC | |
| -PREPARATION OF FOUNDATION RETUR | $2,500 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SCHOOL SITE | PropertyDesc |
| Acquired | 2014-09-30 | AcquiredDt |
| Cost Or Other Basis | $4,218,285 | CostOrOtherBasisAmt |
| Life | 4.0000 | LifeRt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NO FILING REQUIREMENT IN WYOMING. NO ACTIVITY REQUIRING DE FILING. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BRANDYWINE FUND | $3,207 | $3,207 |
| BRANDYWINE BLUE FUND | $75 | $75 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT-TETON CAPITAL FUND, LP | FMV | ||
| INVESTMENT-CEDAR STREET TETON FUND | FMV | $41,311,473 | $41,311,473 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SCHOOL SITE | CategoryOrItemTxt |
| Cost Or Other Basis | $1,235,430 | CostOrOtherBasisAmt |
| Book Value | $1,235,430 | BookValueAmt |
| EOYFMV | $1,235,430 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $9,071 | LegalFeesAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PREPAID INCOME TAXES | $16,000 | $9,249 | $9,249 |
| SECURITY DEPOSIT | $50,000 | $50,000 | $50,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| ADMINISTRATION AND BOOKKEEPIN | $17,647 | $8,824 | |
| BANK CHARGES | $20 | $20 | |
| INVESTMENT EXPENSE-K1 | $226,246 | $226,246 | |
| OFFICE/TELEPHONE/POST/INTERNE | $3,171 | ||
| STAFFING EXPENSE | $47,301 | $47,301 | |
| T CAPITAL FUND, LP FOREIGNTAX | $1,922 | $1,922 | |
| TAXES & LICENSES | $25 | $25 | |
| T CAPITAL FUND, LP - INV INTE | $463,016 | $463,016 | |
| INSURANCE | $3,879 | ||
| N/D K-1 EXPENSES | $118 | ||
| RENT | $1 | $1 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| TCAPITAL FUND LP EIN 20-16624 | $141,787 | $141,787 |
| CEDAR STREET EIN 90-1035143 | $460,150 | $460,150 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS/LOSSES ON INVESTMENTS | Desc |
| Amt | $2,792,957 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES PAYABLE | Desc |
| BOY Book Value | $1,473 | BOYBookValueAmt |
| EOY Book Value | $1,600 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| EXCISE TAXES | $6,751 |
| PAYROLL TAXES | $4,811 |
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