BETA

ACKERMAN FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ACKERMAN FOUNDATION INC (EIN 58-2284728)
Tax period
2015-12-01 to 2016-11-30
Filed
2017-01-16
IRS object ID
201730189349100003
Schema version
2015v3.0
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)
Return2017-01-16T00:00:00-06:00ReturnTs
Tax Period End2016-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112973036PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHALIK MORRIS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CROSSWAYS PK DR WESTAddressLine1Txt
CityWOODBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11797ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582284728EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACKERMAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACKEBusinessNameControlTxt
Phone8006629595PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 CHERRY HILLS PARK DRIVEAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80113ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL ACKERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8006629595PhoneNum
Signature2017-01-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonClifford R Wasserman CPAPreparerPersonNm
PTINP01341106PTIN
Phone5163388700PhoneNum
Preparation2017-01-18PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,754,306FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,135,095ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$357InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$357InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$57,561DividendsRevAndExpnssAmt
Dividends Net Invst Incm$57,561DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$72,459NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,120,554TotalRevAndExpnssAmt
Total Net Invst Incm$57,918TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,600AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$15,618OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$15,618OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$17,218TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$17,218TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$106,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$106,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$123,218TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$17,218TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$106,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$997,336ExcessRevenueOverExpensesAmt
Net Investment Income$40,700NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$269,820CashBOYAmt
Cash EOY$401,959CashEOYAmt
Cash EOYFMV$401,959CashEOYFMVAmt
Other Investments BOY$1,487,150OtherInvestmentsBOYAmt
Other Investments EOY$2,352,347OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,352,347OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,756,970TotalAssetsBOYAmt
Total Assets EOY$2,754,306TotalAssetsEOYAmt
Total Assets EOYFMV$2,754,306TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$36,454CapitalStockBOYAmt
Capital Stock EOY$36,454CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$1,720,516RetainedEarningBOYAmt
Retained Earning EOY$2,717,852RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,756,970TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,754,306TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,756,970TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,754,306TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,756,970TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$997,336ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$2,754,306SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,754,306TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VARIOUS TRADESP2015-10-312016-11-30-$47,454-$47,454
VARIOUS TRADESP2016-01-012016-11-30-$25,005-$25,005
FieldValueIRS element (for citing)
Capital Gain Net Income-$72,459CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$97,600AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,427,401NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.068376DistributionYr1Rt
Adjusted Qlfy Distri Yr2$64,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$746,447NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.085740DistributionYr2Rt
Adjusted Qlfy Distri Yr3$0AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$201,547NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.000000DistributionYr3Rt
Adjusted Qlfy Distri Yr4$0AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$35,162NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.000000DistributionYr4Rt
Adjusted Qlfy Distri Yr5$0AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$32,064NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.000000DistributionYr5Rt
Total Distribution0.154116TotalDistributionRt
Average Distribution0.030823AverageDistributionRt
Net Vl Noncharitable Assets$2,221,508NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$68,474AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$407NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$68,881AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$106,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$407InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$407SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$407TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$407TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp Rqr0ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHANDELLE VENTURES INCIndividualWithBooksNm
Phone8006629595PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line115 CHERRY HILLS PARK DRIVEAddressLine1Txt
CityCHERRY HILLS VILLAGECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80113ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL A ACKERMAN
15 CHERRY HILLS PARK DRIVECHERRY HILLS VILLAGECO80110PRESIDENT & DIRECTOR1.00$0$0$0
STEVEN J ACKERMAN
1355 HILLVIEW DRIVEMENLO PARKCA94025DIRECTOR0.00$0$0$0
CHERILYN LAWRENCE
159 E WALTON PLACEUNIT 14CDCHICAGOIL60611DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,919,448AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$335,890AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,255,338TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,255,338AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$33,830CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,221,508NetVlNoncharitableAssetsAmt
Minimum Investment Return$111,075MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$111,075MinimumInvestmentReturnAmt
Tax Based On Investment Income$407TaxBasedOnInvestmentIncomeAmt
Total Tax$407TotalTaxAmt
Distributable Before Adj$110,668DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$110,668DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$110,668DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$106,000ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$106,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$407PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$105,593AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$110,668DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$26,678ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$26,400ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$53,078TotalExcessDistributionCyovAmt
Qualifying Distributions$106,000QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$106,000AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$4,668ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$4,668ExcessDistributionCyovAppCYAmt
Total Corpus$48,410TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$48,410ExcessDistriCyovToNextYrAmt
Excess From Year2$22,010ExcessFromYear2Amt
Excess From Year1$26,400ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHAEL ACKERMANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line115 CHERRY HILLS PARK DRIVEAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80113ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8006629595RecipientPhoneNum
Form And Info And MaterialsSEE ATTACHEDFormAndInfoAndMaterialsTxt
Submission DeadlinesAPPLICATIONS MUST BE SUBMITTED BY JULY 1ST EACH YEAR.SubmissionDeadlinesTxt
Restrictions On AwardsSEE ATTACHEDRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FLORENCE CRITTENTON SERVICES
96 S ZUNI STREETDENVERCO80223NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$15,000
IGNITE ADAPTIVE SPORTS
PO BOX 19016BOULDERCO80308NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$6,000
INJURED MARINE SEMPER FL
825 COLLEGE BLVDOCEANSIDECA92057NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$20,000
NEIGHBORHOOD OUTREACH OF COLORADO
9371 WIGHAM STREETTHORNTONCO80229NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$2,000
OPERATION HOMEFRONT
3726 EAST PIKES PEAK AVECOLORADO SPRINGSCO80909NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$10,000
TEAM RED WHITE AND BLUE
1110 WEST PLATT STREETTAMPAFL33606NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$7,500
TEAM RUBICON
6171 CENTURY BLVDLOS ANGELESCA90045NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$7,500
SECOND HARVEST FOOD BANK
750 CURTNER AVENUESAN JOSECA95125NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$5,000
DISABLED SPORTS USA
451 HUNGERFORD DRIVEROCKVILLEMD20850NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$20,000
WOUNDED WARRIOR PROJECT
PO BOX 758517TOPEKAKS66675NONETO FURTHER EXEMPT PURPOSE OF DONEE ORGANIZATION$13,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$106,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$357RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$57,561RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$72,459RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$0ExclusionAmt
Related Or Exempt Function Incm-$14,541RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$14,541TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number3LineNumberTxt
Relationship StatementINTEREST EARNED INCREASES CASH BALANCES AVAILABLE TO FUND SCHOLARSHIPSRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
DON AND JEAN ACKERMAN CHARITABLE TRUST
1C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$600,000Yes (X)
DON E ACKERMAN CHARITABLE LEAD ANNUITY TRUST
2C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$433,197Yes (X)
DON E ACKERMAN HEET
3C/O CHANDELLE 15 CHERRY HILLS PARKDENVERCO80113$101,898Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX RETURN PREPARATIONCategoryTxt
Amt$1,600Amt
Net Investment Income$1,600NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-PF, PART XVFormAndLineReferenceDesc
Medium ExplanationFOUNDATION OPERATING GUIDELINES1. GRANTS WILL BE MADE FROM AMONG APPLICANTS SUBMITTING PROPOSALS FOR IMPROVING THE QUALITY OF THE EDUCATIONAL SYSTEM FOR KINDERGARTEN THROUGH TWELFTH GRADE WITHIN THE U.S. 2. ANY INDIVIDUAL, ORGANIZATION OR INSTITUTION, DOMESTIC OR FOREIGN, MAY SUBMIT AN APPLICATION FOR A GRANT TO THE SELECTION COMMITTEE.3. THE CRITERIA TO BE USED BY THE SELECTION COMMITTEE IN AWARDING A GRANT SHALL BE (A) A PROPOSAL WHICH IN THE OPINION OF THE SELECTION COMMITTEE WILL PRODUCE AN IMPROVEMENT IN THE QUALITY OF AN EDUCATIONAL CURRICULUM OR SYSTEM WITHIN THE U.S. SCHOOL SYSTEM (GRADES K-12) NATIONWIDE, OR WITHIN ANY SCHOOL DISTRICT WITHIN THE U.S., AND (B) THE PROPOSAL IN THE OPINION OF THE SELECTION COMMITTEE SHALL BE DEEMED TO BE ABLE TO PRODUCE A SIGNIFICANT POSITIVE CHANGE IN THE QUALITY OF EDUCATION FOR GRADES K-12.4. GRANTS WILL BE AWARDED AT SUCH TIMES, IN SUCH AMOUNTSAND UPON SUCH TERMS AND CONDITIONS AS THE SELECTION COMMITTEE BY UNAMIMOUS VOTE SHALL FROM TIME TO TIME DETERMINE.5. THE SELECTION COMMITTEE SHALL BE COMPOSED OF THE 3 DIRECTORS OF THE FOUNDATION WHO SHALL CONSULT WITH EDUCATORS PRIOR TO MAKING ANT DETERMINATION.6. THE SELECTION COMMITTEE MAY RECAPTURE FUNDS DISTRIBUTED TO ANY GRANT RECIPIENT WHICH ARE FOUND BY THE COMMITTEE TO HAVE BEEN EXPENDED BY A GRANT RECIPIENT FOR PURPOSES OTHER THAN THE WORK FOR WHICH THE GRANT WAS MADE.MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemSECURITIESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$2,352,347BookValueAmt
EOYFMV$2,352,347EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING AND REGISTRATION FEES$368$368$0
BANK CHARGES, ETC.$15,250$15,250$0

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