CHALLENGE FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CHALLENGE FOUNDATION (EIN 58-1817816)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201613209349102691
- Schema version
- 2015v2.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases 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 | 2016-11-15T14:11:13-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 571157523 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HABIF AROGETI & WYNNE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIVE CONCOURSE PARKWAY SUITE 1000 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581817816 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHALLENGE FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O HABIF AROGETI & WYNNE LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAL | BusinessNameControlTxt |
| Phone | 4048929651 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIVE CONCOURSE PARKWAY NO 1000 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL REINSTADLER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4048929651 | PhoneNum |
| Signature | 2016-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT N GREENBERGER CPA | PreparerPersonNm |
| PTIN | P00311175 | PTIN |
| Phone | 4048929651 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,029,356 | 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 | $724,388 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,026,536 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $233,774 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,031,250 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,737,376 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,031,250 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$39,022 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$39,022 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $3,743,152 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,226,002 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $215,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $115,654 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $42,597 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $60,379 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,604 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $219,760 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $179,760 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,997 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $23,997 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $23,821 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $44,787 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,475,617 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,249,216 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $203,757 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,735,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,735,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,984,216 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $203,757 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,735,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,241,064 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,022,245 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $365,849 | CashBOYAmt |
| Cash EOY | $1,194,163 | CashEOYAmt |
| Cash EOYFMV | $1,194,163 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $982,287 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,198,330 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,198,330 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $266,670 | AcctRcvblAmt |
| Acct Rcvbl BOY | $57,617 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $266,670 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $266,670 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $22,801 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $22,801 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $22,801 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,493,840 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $13,038,879 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,686,030 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,208,699 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $60,779 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,042 | LandBOYAmt |
| Land EOY | $1,147,920 | LandEOYAmt |
| Land EOYFMV | $1,147,920 | LandEOYFMVAmt |
| Other Assets BOY | $146,794 | OtherAssetsBOYAmt |
| Other Assets EOY | $199,472 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $199,472 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $17,111,109 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,715,386 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,029,356 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,077 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $669 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $462,095 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $462,095 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $465,172 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $462,764 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $16,645,937 | UnrestrictedBOYAmt |
| Unrestricted EOY | $14,252,622 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,645,937 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,252,622 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,111,109 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,715,386 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,645,937 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,241,064 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,404,873 | SubtotalAmt |
| Other Decreases | $152,251 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,252,622 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| PARTNERSHIP K-1'S | P | $1,770,868 | $1,770,868 | $1,770,868 | |
| WELLS FARGO | P | $2,966,167 | $354,386 | $354,386 | $2,611,781 |
| MATISSE INCOME FUND | P | $341 | -$94,004 | -$94,004 | $94,345 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,031,250 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $8,324,734 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $14,508,984 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.573764 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $4,121,936 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $14,829,029 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.277964 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,761,320 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $16,457,265 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.107024 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,811,722 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $18,110,417 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.210471 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,102,264 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,120,242 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.122794 | DistributionYr5Rt |
| Total Distribution | 1.292017 | TotalDistributionRt |
| Average Distribution | 0.258403 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $15,674,547 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,050,350 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $20,222 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,070,572 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,735,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $40,445 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $40,445 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $40,445 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,434 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $16,434 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $462 | EsPenaltyAmt |
| Tax Due | $24,473 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.CHALLENGEFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 4048929651 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIVE CONCOURSE PARKWAY SUITE 1000 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN BRYAN | ||||||||
| PO BOX 1929 | LAKE OSWEGO | OR | 97035 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| MARTHA BRYAN | ||||||||
| PO BOX 1929 | LAKE OSWEGO | OR | 97035 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| CHERYL REINSTADLER | ||||||||
| FIVE CONCOURSE PARKWAY STE 1000 | ATLANTA | GA | 30328 | EXECUTIVE DIRECTOR | 0.00 | $0 | $0 | $0 |
| RUPPERT REINSTADLER | ||||||||
| FIVE CONCOURSE PARKWAY STE 1000 | ATLANTA | GA | 30328 | TRUSTEE | 0.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| WILLIAM J STEINBROOK JR | ||||||||
| PMB 302 | PLANO | TX | 75093 | FORMER EXECUTIVE DIR | 40.00 | $215,000 | $0 | $0 |
| CHARLES BYERS | ||||||||
| PMB 302 | PLANO | TX | 75093 | CONSULTANT | 40.00 | $100,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 2 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,609,374 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,370,313 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $933,559 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,913,246 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,913,246 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $238,699 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,674,547 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $783,727 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $783,727 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $40,445 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $40,445 | TotalTaxAmt |
| Distributable Before Adj | $743,282 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $743,282 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $743,282 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,735,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,735,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,735,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $743,282 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,290,824 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,931,887 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $969,885 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,384,063 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $7,642,117 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $16,218,776 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,735,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $743,282 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,991,718 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $19,210,494 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,290,824 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $17,919,670 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,931,887 | ExcessFromYear4Amt |
| Excess From Year3 | $969,885 | ExcessFromYear3Amt |
| Excess From Year2 | $3,384,063 | ExcessFromYear2Amt |
| Excess From Year1 | $7,642,117 | ExcessFromYear1Amt |
| Excess From Current Year | $2,991,718 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE CHALLENGE FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 PRESTON ROAD 267 | AddressLine1Txt |
| City | PLANO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75093 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9728673265 | RecipientPhoneNum |
| Form And Info And Materials | REVIEW THE GRANTMAKING GUIDELINES ON THE FOUNDATION'S WEBSITE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THERE ARE NO FIXED DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| MERCATUS CENTER AT GEORGE MASON UNIVERSITY | ||||||
| 3434 WASHINGTON BLVD 4TH FLOOR | ARLINGTON | VA | 22201 | PC | SUPPORT FOR THE MERCATUS CENTER'S MISSION TO BRIDGE THE GAP BETWEEN ACADEMIC IDEAS AND REAL-WORLD PROBLEMS. THE CENTER ADVANCES KNOWLEDGE ABOUT HOW MARKETS WORK TO IMPROVE PEOPLE'S LIVES BY TRAINING GRADUATE STUDENTS, CONDUCTING RESEARCH, AND APPLYING ECONOMICS TO OFFER SOLUTIONS TO SOCIETY'S MOST PRESSING PROBLEMS. | $50,000 |
| INSTITUTE FOR HUMAN STUDIES | ||||||
| 3434 WASHINGTON BLVD 4TH FLOOR | ARLINGTON | VA | 22201 | PC | "SUPPORT FOR THE INSTITUTE FOR HUMANE STUDIES' MISSION TO GROW THE NUMBER OF LIBERTY-ADVANCING PROFESSORS ACROSS THE COUNTRY THROUGH A SUITE OF ACADEMIC TALENT DEVELOPMENT PROGRAMS THAT HELP FREEDOM-INSPIRED GRAD STUDENTS COMPLETE THEIR PHD AND COMPETE SUCCESSFULLY IN THE ACADEMIC JOB MARKET. " | $50,000 |
| TEAMCFA FOUNDATION | ||||||
| 817 E TODD DRIVE | TEMPE | AZ | 85283 | PC | SUSTAINING SUPPORT FOR THE TEAMCFA FOUNDATION TO CONTINUE DEVELOPING THE TEAMCFA NATIONAL NETWORK OF CHALLENGE FOUNDATION ACADEMIES. | $3,550,000 |
| YMCA OF COLUMBIA-WILLAMETTE | ||||||
| 3001 SE OXBOW PARKWAY | GRESHAM | OR | 97080 | PC | SUPPORT FOR "KIDS TO CAMP" SCHOLARSHIPS, $8,000 OF WHICH WILL BE ON A MATCHING (1:1) BASIS TO ATTRACT NEW SCHOLARSHIP GIFTS. THE GRANT WILL MAKE IT POSSIBLE FOR LOW-INCOME YOUTH TO ATTEND CAMP COLLINS NEXT SUMMER. | $30,000 |
| MILWAUKEE COLLEGIATE ACADEMY | ||||||
| 4030 N 29TH STREET | MILWAUKEE | WI | 53216 | PC | TO SUPPORT MILWAUKEE COLLEGIATE ACADEMY'S MISSION TO NURTURE SCHOLARS CAPABLE OF TRANSFORMING THEIR WORLD BY SENDING THEM TO AND THROUGH COLLEGE. THE SCHOOL'S VISION IS TO PRODUCE RESPONSIBLE LEADERS THROUGH ACADEMIC MASTERY, COMMUNITY FOCUSED EDUCATION AND THE FOSTERING OF LIFELONG LEARNING IN ANY ENVIRONMENT. | $5,000 |
| BILL OF RIGHTS INSTITUTE | ||||||
| 200 NORTH GLEBE ROAD SUITE 200 | ARLINGTON | VA | 22203 | PC | SUPPORT FOR THE BILL OF RIGHTS INSTITUTE'S MISSION TO DEVELOP INSTRUCTIONAL MATERIALS AND EDUCATIONAL PROGRAMS THAT ENGAGE STUDENTS AND TEACHERS WITH AMERICA'S FOUNDING DOCUMENTS AND PRINCIPLES. THE INSTITUTE IS EXPANDING ITS OUTREACH TO HIGH SCHOOL STUDENTS NATIONWIDE SO THAT THEY CAN BETTER UNDERSTAND CIVIL AND ECONOMIC LIBERTY. THE INSTITUTE NOW WORKS WITH 50,000 TEACHERS BY CREATING ENGAGING RESOURCES AND PROVIDING PROFESSIONAL DEVELOPMENT, WHILE ALSO ENGAGING STUDENTS DIRECTLY. | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,735,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,026,536 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,031,250 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| INVESTMENT INCOME FROM K-1'S | 14 | -$43,627 |
| OTHER INCOME | 14 | $4,605 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,018,764 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,018,764 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 | JOHN BRYAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1929 | AddressLine1Txt |
| City | LAKE OSWEGO | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $724,388 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $27,604 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE SECURITIES | StockNm |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $9,686,030 | BookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $60,379 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RENT DEPOSIT | $716 | $716 | $716 |
| COMPAS LEARNING DEPOSITS | $146,078 | $198,756 | $198,756 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $152,251 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE | $1,952 | $0 | $0 | $0 |
| OFFICE EXPENSE | $2,624 | $0 | $0 | $0 |
| MISCELLANEOUS | $5,546 | $0 | $0 | $0 |
| NONDEDUCTIBLE K-1 EXPENSE | $1,465,495 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| INVESTMENT INCOME FROM K-1'S | -$43,627 | -$43,627 | $0 |
| OTHER INCOME | $4,605 | $4,605 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS - CAPITAL CALLS | Desc |
| BOY Book Value | $462,095 | BOYBookValueAmt |
| EOY Book Value | $462,095 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTING | $40,000 | $0 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $179,760 | $179,760 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $19,312 | $19,312 | $0 | $0 |
| FOREIGN TAXES | $4,685 | $4,685 | $0 | $0 |
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