BETA

FRIES FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
FRIES FOUNDATION (EIN 46-5144602)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-12
IRS object ID
201641339349102829
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-12T15:37:43-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465144602EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Fries FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlFRIEBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL T FRIESPersonNm
Person TitlepresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2016-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,722,370FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$71InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$71InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$434,186NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,675,450GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,883,953CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$4,375OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$4,375OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$438,632TotalRevAndExpnssAmt
Total Net Invst Incm$1,888,399TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$260LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$260LegalFeesDsbrsChrtblAmt
Taxes Rev And Expnss$51,213TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$16,985OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$16,985OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$68,458TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$17,245TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,976,149ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,976,149ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,044,607TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,993,394TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,605,975ExcessRevenueOverExpensesAmt
Net Investment Income$1,888,399NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$511,832SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,147,120SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,147,120SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,316,060CorporateStockBOYAmt
Corporate Stock EOY$74,797CorporateStockEOYAmt
Corporate Stock EOYFMV$75,250CorporateStockEOYFMVAmt
Other Assets BOY$500,000OtherAssetsBOYAmt
Other Assets EOY$500,000OtherAssetsEOYAmt
Other Assets EOYFMV$500,000OtherAssetsEOYFMVAmt
Total Assets BOY$3,327,892TotalAssetsBOYAmt
Total Assets EOY$1,721,917TotalAssetsEOYAmt
Total Assets EOYFMV$1,722,370TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$3,327,892RetainedEarningBOYAmt
Retained Earning EOY$1,721,917RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,327,892TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,721,917TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,327,892TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,721,917TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,327,892TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,605,975ExcessRevenueOverExpensesAmt
Subtotal$1,721,917SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,721,917TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$2,675,450GrossSalesPriceAmt
Cost Or Other Basis$791,497CostOrOtherBasisAmt
Gain Or Loss$1,883,953GainOrLossAmt
Gains Minus Excess Or Losses$1,883,953GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,883,953CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,493,536AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,594,692NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.575612DistributionYr1Rt
Adjusted Qlfy Distri Yr2$0AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$0NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.0DistributionYr2Rt
Adjusted Qlfy Distri Yr3$0AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$0NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.0DistributionYr3Rt
Adjusted Qlfy Distri Yr4$0AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$0NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.0DistributionYr4Rt
Adjusted Qlfy Distri Yr5$0AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$0NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.0DistributionYr5Rt
Total Distribution0.575612TotalDistributionRt
Average Distribution0.575612AverageDistributionRt
Net Vl Noncharitable Assets$1,884,498NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,084,740AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$18,884NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,103,624AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,993,394QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$18,884InvestmentIncomeExciseTaxAmt
Subtotal$18,884SubtotalAmt
Tax Based On Investment Income$18,884TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$37,800EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$37,800TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$18,916OverpaymentAmt
Applied To ES Tax$18,916AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMichael T FriesPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitlePres / Dir / Sec / TreasTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,245,508AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$667,688AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,913,196TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,913,196AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$28,698CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,884,498NetVlNoncharitableAssetsAmt
Minimum Investment Return$94,225MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$94,225MinimumInvestmentReturnAmt
Tax Based On Investment Income$18,884TaxBasedOnInvestmentIncomeAmt
Total Tax$18,884TotalTaxAmt
Distributable Before Adj$75,341DistributableBeforeAdjAmt
Distributable Before Ded$75,341DistributableBeforeDedAmt
Distributable As Adjusted$75,341DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,993,394ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,993,394QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$18,884PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,974,510AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$75,341DistributableAsAdjustedAmt
Prior Year12013PriorYear1Yr
Prior Year22012PriorYear2Yr
Prior Year32011PriorYear3Yr
Excess Distribution Cyov Yr1$1,418,283ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,418,283TotalExcessDistributionCyovAmt
Qualifying Distributions$1,993,394QualifyingDistributionsAmt
Applied To Current Year$75,341AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,918,053RemainingDistriFromCorpusAmt
Total Corpus$3,336,336TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$3,336,336ExcessDistriCyovToNextYrAmt
Excess From Year1$1,418,283ExcessFromYear1Amt
Excess From Current Year$1,918,053ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMichael T FriesContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCd
ALLIANCE FOR CHOICE IN EDUCATION
1201 E COLFAX AVE STE 302DENVERCO80218N/APCCharitable Event$100,000
CHILDRENS DIABETES FOUNDATION AT DENVER COLORADO
4380 S SYRACUSE ST STE 430DENVERCO80237N/APCCharitable Event$5,000
CHILDRENS HOSPITAL COLORADO FOUNDATION
13123 E 16TH AVE B355AURORACO80045N/APCCharitable Event$12,500
COLORADO ACADEMY
3800 S PIERCE STDENVERCO80235N/APCCharitable Event$1,000
COLORADO ACADEMY
3800 S PIERCE STDENVERCO80235N/APCCharitable Event$50,000
COLORADO ACADEMY
3800 S PIERCE STDENVERCO80235N/APCCharitable Event$10,000
COLORADO ACADEMY
3800 S PIERCE STDENVERCO80235N/APCAnnual Campaign$50,000
COLORADO NONPROFIT DEVELOPMENT CENTER
789 SHERMAN ST STE 250DENVERCO80203N/APCChallenge Denver Project$50,000
DENVER BIENNIAL OF THE AMERICAS CORPORATION
730 KALAMATH STDENVERCO80204N/APCGeneral & Unrestricted$550,000
DENVER PUBLIC SCHOOLS FOUNDATION
1860 LINCOLN ST 9TH FLDENVERCO80203N/APCCharitable Event$12,500
DSST PUBLIC SCHOOLS FOUNDATION
3401 QUEBEC ST STE 7200DENVERCO80207N/APCCharitable Event$50,000
FRIENDS OF THE DENVER SCHOOL OF THE ARTS
7111 MONTVIEW BLVDDENVERCO80220N/APCCharitable Event$2,500
GLOBAL DOWN SYNDROME FOUNDATION
3300 E 1ST AVE STE 390DENVERCO80206N/APCCharitable Event$25,000
GREAT EDUCATION COLORADO FUND
1000 E 16TH AVE 018DENVERCO80218N/APCCharitable Event$2,500
JDRF INTERNATIONAL - ROCKY MOUNTAIN CHAPTER
2727 BRYANT ST STE 380DENVERCO80211N/APCCharitable Event$1,000
KITCHEN COMMUNITY INC
1980 8TH STBOULDERCO80302N/APCCharitable Event$2,500
LESSONS FOR LIFE FOUNDATION
N/APCGeneral & Unrestricted$14,64938 HANS CRESCENT SW1XLONDONUK
LION GLOBAL FOUNDATION
400 S KEARNEY STDENVERCO80232N/APCGeneral & Unrestricted$5,000
LIVING ARCHIVES INC
262 W 91ST STNEW YORKNY10024N/APCThe Diplomat LLC Program$50,000
MCA DENVER
1485 DELGANY STDENVERCO80202N/APCCharitable Event$15,000
MILE HIGH SQUASH
PO BOX 40160DENVERCO80204N/APCGeneral & Unrestricted$25,000
PUBLIC EDUCATION & BUSINESS COALITION
600 GRANT STDENVERCO80203N/APCCharitable Event$2,500
ROTARY CLUB OF DENVER SOUTHEAST FOUNDATION
PO BOX 4484PARKERCO80134N/ASO ICharitable Event$25,000
ROUNDUP RIVER RANCH
PO BOX 8589AVONCO81620N/APCGeneral & Unrestricted$10,000
STANLEY BRITISH PRIMARY SCHOOL
350 QUEBEC CTDENVERCO80230N/APCMiddle School Technology Fund and Annual Operating Support$30,000
STRIVE PREPARATORY SCHOOLS
1825 S FEDERAL BLVDDENVERCO80219N/APCGeneral & Unrestricted$150,000
SUSAN G KOMEN BREAST CANCER FOUNDATION
5005 LBJ FWY STE 250DALLASTX75244N/APCCharitable Event$3,000
TEACH FOR AMERICA - DENVER
1391 SPEER BLVD STE 710DENVERCO80204N/APCGeneral & Unrestricted$100,000
THE CAUCUS FOR PRODUCERS WRITERS & DIRECTORS FOUND
928 N SAN FERNANDO BLVDBURBANKCA91504N/APCCharitable Event$10,000
THIRD WAY CENTER INC
PO BOX 61385DENVERCO80206N/APCGeneral & Unrestricted$5,000
TUMAINI MINISTRIES
PO BOX 18636GOLDENCO80402N/APCCharitable Event$1,500
VISIONBOX STUDIO
910 SANTA FE DR UNIT 18DENVERCO80204N/APCGeneral & Unrestricted$5,000
WESLEYAN UNIVERSITY
318 HIGH STMIDDLETOWNCT06459N/APCWesleyan Fund, College of Film - Mellon Match and Endowed Holding Account fund$500,000
WINGS OVER THE ROCKIES AIR & SPACE MUSEUM
7711 E ACADEMY BLVDDENVERCO80230N/APCGeneral & Unrestricted$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,976,149TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$71ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$434,186ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescINTEREST INCOME FROM PRIDesc
Exclusion14ExclusionCd
Exclusion$4,375ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$438,632ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$438,632TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LESSONS FOR LIFE FOUNDATIONBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line138 HANS CRESCENTAddressLine1Txt
CityLONDONCityNm
CountryUKCountryCd
Foreign PostalSW1X 0LZForeignPostalCd
FieldValueIRS element (for citing)
Grant2014-10-15GrantDt
Grant$63,022GrantAmt
Purpose Of GrantTO SUPPORT THE DEVELOPING GOOD PRACTICE IN TEACHING & LEARNING PROGRAMMEPurposeOfGrantTxt
Expended By Grantee$4,143ExpendedByGranteeAmt
Any Diversion By GranteeNOAnyDiversionByGranteeTxt
Dates Of Reports By Grantee8/24/15DatesOfReportsByGranteeTxt
Results Of Verificationnone necessary Further, because the grantee is a foreign organization, the tax payer exercised expenditure responsibility (ER) in making the grant. However, the taxpayer ceased exercising ER in respect of grants made to this grantee after 4/3/15, at which time the Foundation made a good faith determination that the grantee is the equivalent of a U.S. public charity under, Sections 170(b)(1)(a)(vi) and 509(a)(1) of the COde.ResultsOfVerificationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockLIBERTY GLOBAL LILAC - CL KStockNm
EOY Book Value$74,797EOYBookValueAmt
EOYFMV$75,250EOYFMVAmt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationThis statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2015, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,976,149. This amount represents over 25% of the Foundation's net assets of $3,620,572 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2015. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryGENERAL CONSULTATIONSCategoryTxt
Legal Fees$260LegalFeesAmt
Disbursements Charitable Prps$260DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescMUSEUM OF CONTEMPORARY ART DENDesc
EOY Book Value$500,000EOYBookValueAmt
EOYFMV$500,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$16,960$16,960
State or Local Filing Fees$25$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
Descinterest income from PRIDesc
Revenue And Expenses Per Books$4,375RevenueAndExpensesPerBooksAmt
Net Investment Income$4,375NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2015$37,800
990-PF Extension for 2014$13,413

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