E L CORD FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- E L CORD FOUNDATION (EIN 36-6072793)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-13
- IRS object ID
- 201742569349100714
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-13T13:50:34-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EVANS NELSON & COMPANY CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 W Huffaker Lane | AddressLine1Txt |
| City | RENO | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89511 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366072793 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | E L Cord Foundation The | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELCO | BusinessNameControlTxt |
| Phone | 7753230373 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 West Liberty Street | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph S Bradley | PersonNm |
| Person Title | Co-Trustee | PersonTitleTxt |
| Signature | 2017-09-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Timothy W Nelson | PreparerPersonNm |
| PTIN | P00067407 | PTIN |
| Phone | 7758256008 | PhoneNum |
| 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 | $63,767,923 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,411,813 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,411,813 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,411,813 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $399,397 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,080,981 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $399,397 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $326,927 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $4,611 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,611 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,815,821 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,815,821 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,738,740 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $588,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $529,200 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $58,800 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $78,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $70,200 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $7,800 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,255 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,430 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $825 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $365,002 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $328,502 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $36,500 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $51,893 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $46,703 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $5,190 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $20,160 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $18,144 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,016 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $14,219 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,797 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,422 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,125,529 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,012,976 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $112,553 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,166,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,166,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,292,029 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,012,976 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,279,053 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,476,208 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $802,845 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,738,740 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $27,750 | CashBOYAmt |
| Cash EOY | $24,549 | CashEOYAmt |
| Cash EOYFMV | $24,549 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,524,612 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,716,167 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,716,167 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $5,859,778 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,616,804 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,543,841 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $33,713,152 | CorporateStockBOYAmt |
| Corporate Stock EOY | $31,184,201 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $38,329,810 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,017,691 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,571,641 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,540,185 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,672,726 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,126,411 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,530,291 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $51,061 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $51,061 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $61,578 | OtherAssetsBOYAmt |
| Other Assets EOY | $83,082 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $83,080 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $59,877,287 | TotalAssetsBOYAmt |
| Total Assets EOY | $57,322,855 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $63,767,923 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $187,512 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $109,288 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $187,512 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $109,288 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $59,689,775 | UnrestrictedBOYAmt |
| Unrestricted EOY | $57,213,567 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $59,689,775 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $57,213,567 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $59,877,287 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $57,322,855 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $59,689,775 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,476,208 | ExcessRevenueOverExpensesAmt |
| Subtotal | $57,213,567 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $57,213,567 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Publicly Traded Securities (2098) LT | P | 2001-01-01 | 2016-12-31 | $2,388,019 | $2,250,000 | $138,019 | $138,019 |
| Publicly Traded Securities (2197) ST | P | 2016-01-01 | 2016-12-31 | $55,386 | $43,665 | $11,721 | $11,721 |
| Publicly Traded Securities (2197) LT | P | 2001-01-01 | 2016-12-31 | $1,158,183 | $1,002,882 | $155,301 | $155,301 |
| Publicly Traded Securities (4056) ST | P | 2016-01-01 | 2016-12-31 | $95,424 | $94,860 | $564 | $564 |
| Publicly Traded Securities (4056) LT | P | 2001-01-01 | 2016-12-31 | $579,237 | $647,997 | -$68,760 | -$68,760 |
| Publicly Traded Securities (4056) ST | P | 2001-01-01 | 2016-12-31 | $2,687,624 | $3,050,806 | -$363,182 | -$363,182 |
| Publicly Traded Securities (4056) ST | P | 2001-01-01 | 2016-12-31 | $3 | $3 | $3 | |
| Publicly Traded Securities (4060) ST | P | 2016-01-01 | 2016-12-31 | $2,803,838 | $2,741,564 | $62,274 | $62,274 |
| Publicly Traded Securities (4060) LT | P | 2001-01-01 | 2016-12-31 | $1,462,796 | $1,289,306 | $173,490 | $173,490 |
| Publicly Traded Securities (4061) ST | P | 2016-01-01 | 2016-12-31 | $681,758 | $693,226 | -$11,468 | -$11,468 |
| Publicly Traded Securities (4061) ST | P | 2016-01-01 | 2016-12-31 | $143,848 | $136,646 | $7,202 | $7,202 |
| Publicly Traded Securities (4067) LT | P | 2001-01-01 | 2016-12-31 | $377,015 | $377,126 | -$111 | -$111 |
| Publicly Traded Securities (4061) LT | P | 2001-01-01 | 2016-12-31 | $1,065,411 | $1,055,403 | $10,008 | $10,008 |
| Publicly Traded Securities (4068) ST | P | 2016-01-01 | 2016-12-31 | $524,919 | $273,320 | $251,599 | $251,599 |
| Publicly Traded Securities (4068) ST | P | 2016-01-01 | 2016-12-31 | $3,950 | $3,950 | $3,950 | |
| Publicly Traded Securities (4068) LT | P | 2001-01-01 | 2016-12-31 | $1,591,487 | $1,744,546 | -$153,059 | -$153,059 |
| Publicly Traded Securities (4069) ST | P | 2016-01-01 | 2016-12-31 | $97,080 | $96,261 | $819 | $819 |
| Publicly Traded Securities (4069) ST | P | 2016-01-01 | 2016-12-31 | $52 | $52 | ||
| Publicly Traded Securities (4069) LT | P | 2001-01-01 | 2016-12-31 | $275,270 | $271,053 | $4,217 | $4,217 |
| Publicly Traded Securities (4069) LT | P | 2001-01-01 | 2016-12-31 | $356,566 | $322,294 | $34,272 | $34,272 |
| Publicly Traded Securities (4070) ST | P | 2016-01-01 | 2016-12-31 | $1,634 | $1,368 | $266 | $266 |
| Publicly Traded Securities (4070) LT | P | 2001-01-01 | 2016-12-31 | $455,425 | $493,649 | -$38,224 | -$38,224 |
| Publicly Traded Securities (4070) LT | P | 2001-01-01 | 2016-12-31 | $491,727 | $244,176 | $247,551 | $247,551 |
| Publicly Traded Securities (4071) LT | P | 2001-01-01 | 2016-12-31 | $698,716 | $851,384 | -$152,668 | -$152,668 |
| Capital Gain Distributions | P | 2015-01-01 | 2016-12-31 | $85,613 | $85,613 | $85,613 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $399,397 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $326,927 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,778,847 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $62,442,903 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.06052 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,976,810 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $66,378,392 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05991 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,031,163 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $65,829,246 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.06124 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,759,305 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $65,619,227 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05729 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,828,776 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $66,878,589 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05725 | DistributionYr5Rt |
| Total Distribution | 0.296205 | TotalDistributionRt |
| Average Distribution | 0.059241 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $62,811,404 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,721,010 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,028 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,729,038 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,279,053 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,057 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,057 | SubtotalAmt |
| Tax Based On Investment Income | $16,057 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,552 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $15,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $64,552 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $48,495 | OverpaymentAmt |
| Applied To ES Tax | $16,000 | AppliedToESTaxAmt |
| Refund | $32,495 | RefundAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | 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 | Joseph S Bradley | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7753230373 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 West Liberty Street | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | 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 | false | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| Joseph S Bradley | ||||||
| 320 West Liberty Street | Reno | NV | 89501 | Co-Trustee | 20.00 | $294,000 |
| William O Bradley Jr | ||||||
| 320 West Liberty Street | Reno | NV | 89501 | Co-Trustee | 20.00 | $294,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Merrill Lynch | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North Wacker Drive Suite 1950 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Fees | ServiceTypeTxt |
| Compensation | $365,002 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $59,962,655 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,740,716 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $64,552 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $63,767,923 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $63,767,923 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $956,519 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $62,811,404 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,140,570 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,140,570 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,057 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,057 | TotalTaxAmt |
| Distributable Before Adj | $3,124,513 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,124,513 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,124,513 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,279,053 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,279,053 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,279,053 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,124,513 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $432,424 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $746,188 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $715,618 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,894,230 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,279,053 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,124,513 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $154,540 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,048,770 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,048,770 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $432,424 | ExcessFromYear3Amt |
| Excess From Year2 | $746,188 | ExcessFromYear2Amt |
| Excess From Year1 | $715,618 | ExcessFromYear1Amt |
| Excess From Current Year | $154,540 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | The EL Cord Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 West Liberty | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7753230373 | RecipientPhoneNum |
| Form And Info And Materials | Applications should be mailed to the home office. Applicants must include the project description, amount requested and proof of tax exempt status. This is described in the "Cord Foundation Brochure". | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Any time throughout the year | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Schedule E | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | See Schedule E | AddressLine1Txt |
| City | See Schedule E | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | Charitable | GrantOrContributionPurposeTxt |
| Amt | $3,166,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,166,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,411,813 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $399,397 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Income | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $4,611 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,815,821 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,815,821 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $8,255 | Amt |
| Net Investment Income | $7,430 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $825 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds - See Schedule C | BondNm |
| EOY Book Value | $5,571,641 | EOYBookValueAmt |
| EOYFMV | $5,540,185 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Common Stock - See Schedule A | StockNm |
| EOY Book Value | $31,184,201 | EOYBookValueAmt |
| EOYFMV | $38,329,810 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,616,804 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,543,841 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Mutual Funds - See Schedule D | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $11,126,411 | BookValueAmt |
| EOYFMV | $10,530,291 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Miscellaneous | CategoryOrItemTxt |
| Cost Or Other Basis | $51,061 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $51,061 | AccumulatedDepreciationAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PIMCO Basis Adj - OID | $20,578 | $18,291 | $18,291 |
| Prepaid tax based on investment income | $41,000 | $64,552 | $64,552 |
| Rounding | $2 | ||
| Spectrum Basis Adj- OID | $237 | $237 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank Charges | $6 | $5 | $1 |
| General Office Expenses | $2,335 | $2,102 | $233 |
| Insurance | $1,204 | $1,084 | $120 |
| Janitor, Repairs & Maint. | $2,952 | $2,657 | $295 |
| Office Supplies & Equipment Expense | $172 | $155 | $17 |
| Postage & Shipping | $286 | $257 | $29 |
| Travel | $3,028 | $2,725 | $303 |
| Utilities & Telephone | $4,236 | $3,812 | $424 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Income | Desc |
| Revenue And Expenses Per Books | $4,611 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,611 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Covered Call Options Tax Liability | Desc |
| BOY Book Value | $187,512 | BOYBookValueAmt |
| EOY Book Value | $109,288 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Fees | CategoryTxt |
| Amt | $365,002 | Amt |
| Net Investment Income | $328,502 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $36,500 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2015 Taxes | $29,458 | $26,512 | $2,946 |
| Employer FICA | $4,836 | $4,352 | $484 |
| Employer Medicare | $1,131 | $1,018 | $113 |
| Foreign Taxes | $15,404 | $13,864 | $1,540 |
| Other Taxes | $618 | $556 | $62 |
| Payroll Taxes | $446 | $401 | $45 |