2016-07-19T09:21:34-05:00 2015-12-31 870624335 NIEDERHAUSER & DAVIS LLC PO BOX 680460 PARK CITY UT 840680460 990 2015-01-01 300171971 PARK CITY FOUNDATION PARK 4352147476 PO BOX 681499 PARK CITY UT 84068 KATHERINE D WRIGHT EXECUTIVE DIRECTOR 4356408581 2016-07-18 true JAY C NIEDERHAUSER P00419876 4356553300 2016-07-19 2015 2016-12-15 16:53:06Z PARK CITY COMMUNITY FOUNDATION KATHERINE D WRIGHT 2937019 false X WWW.PARKCITYCF.ORG X 2004 UT MISSION: PARK CITY COMMUNITY FOUNDATION STRENGTHENS OUR COMMUNITY THROUGH COLLABORATIVE GIVING AND ACTION. VALUES: 1.PARTNERSHIP - ANSWERING COMMUNITY NEEDS BY CONVENING DONORS, NONPROFITS, AND STRATEGIC PARTNERS. 2.PROFESSIONALISM - CREATING A CULTURE OF DATA-DRIVEN DECISION MAKING, AND PERFORMING EFFICIENTLY AND TRANSPARENTLY TO EARN THE TRUST OF OUR DONORS, OUR PARTNERS, AND THE COMMUNITY. 3.LEADERSHIP - ADDRESSING COMMUNITY ISSUES BY PROVIDING VISION, INSPIRATION, AND IDEAS. 4.INNOVATION - ELEVATING THE COMMUNITY THROUGH THOUGHTFUL INITIATIVES AND STRATEGIC RISK-TAKING. STRATEGIC GOALS: 1.ENDOW OUR COMMUNITY'S FUTURE - CREATE AN ENDOWMENT TO SUSTAIN AND ENHANCE OUR ABILITY TO SERVE THE COMMUNITY. 2.SUPPORT NONPROFITS - PROMOTE THE PARK CITY NONPROFIT COMMUNITY BY PROVIDING GRANT, EDUCATION, AND NETWORKING OPPORTUNITIES. 3.ACHIEVE LONG-TERM COMMUNITY GAINS - COLLABORATE WITH PARTNERS AND ALIGN RESOURCES TO ACCOMPLISH SHARED GOALS. 24 24 7 135 0 1541864 2300401 0 266015 171198 47354 46989 1855233 2518588 1343539 637666 0 294284 264872 0 147747 263352 381813 1901175 1284351 -45942 1234237 7138080 8258661 2429475 2454290 4708605 5804371 X MISSION: PARK CITY COMMUNITY FOUNDATION STRENGTHENS OUR COMMUNITY THROUGH COLLABORATIVE GIVING AND ACTION. VALUES: 1.PARTNERSHIP - ANSWERING COMMUNITY NEEDS BY CONVENING DONORS, NONPROFITS, AND STRATEGIC PARTNERS. 2.PROFESSIONALISM - CREATING A CULTURE OF DATA-DRIVEN DECISION MAKING, AND PERFORMING EFFICIENTLY AND TRANSPARENTLY TO EARN THE TRUST OF OUR DONORS, OUR PARTNERS, AND THE COMMUNITY. 3.LEADERSHIP - ADDRESSING COMMUNITY ISSUES BY PROVIDING VISION, INSPIRATION, AND IDEAS. 4.INNOVATION - ELEVATING THE COMMUNITY THROUGH THOUGHTFUL INITIATIVES AND STRATEGIC RISK-TAKING. STRATEGIC GOALS: 1.ENDOW OUR COMMUNITY'S FUTURE - CREATE AN ENDOWMENT TO SUSTAIN AND ENHANCE OUR ABILITY TO SERVE THE COMMUNITY. 2.SUPPORT NONPROFITS - PROMOTE THE PARK CITY NONPROFIT COMMUNITY BY PROVIDING GRANT, EDUCATION, AND NETWORKING OPPORTUNITIES. 3.ACHIEVE LONG-TERM COMMUNITY GAINS - COLLABORATE WITH PARTNERS AND ALIGN RESOURCES TO ACCOMPLISH SHARED GOALS. false false 1029450 618773 PARK CITY COMMUNITY FOUNDATION PROVIDES GRANTS TO ORGANIZATIONS THROUGH FOUR PRIMARY PROGRAMS. THE FIRST IS THROUGH DONOR ADVISED GIVING, SUCH AS DONOR ADVISED SCHOLARSHIPS AND MEMORIAL FUNDS. THE SECOND IS THROUGH OUR COMMUNITY FUND, WHICH GRANTS TO PARK CITY NONPROFIT ORGANIZATIONS THAT MEET PRESSING NEEDS AND KEEP OUR COMMUNITY UNIQUE AND VIBRANT. THE THIRD IS OUR WOMEN'S GIVING FUND, AN ENDOWMENT OF 1 MILLION THAT MAKES A HIGH-IMPACT GRANT ANNUALLY TO SERVE WOMEN AND CHILDREN OF GREATER PARK CITY. FINALLY, OUR SMALL GRANT PROGRAM CONNECTS DONOR ADVISORS WITH IMMEDIATE NEEDS IN THE COMMUNITY. ADDITIONALLY, WE PROVIDE NONPROFIT EDUCATION AND LEAD A COMMUNITY GIVING DAY THAT RAISED MORE THAN 1.3 MILLION IN 24 HOURS IN 2015. 18893 18893 THE ORGANIZATION OFFERS A VARIETY OF SCHOLARSHIPS INCLUDING ATHLETIC AND NEED BASED. 1048343 true true false false false true false false false true true false false false true false true false false false false false false false false false false true true false false false false false false false false false true false false false false false false false false true 7 0 7 true false false false false false true true false false false false false false false false false X 24 24 false false false false false false false true true false false false true true true true true true false false X KATHERINE D WRIGHT PC FOUNDATION 4352147476 PO BOX 681499 PARK CITY UT 84068 JACK MUELLER BOARD CHAIR 6.00 X X 0 0 0 STEPHEN TYLER TREASURER 4.00 X X 0 0 0 JUDITH BILLINGS SECRETARY, E 2.00 X X 0 0 0 BILL COLEMAN DIRECTOR 2.00 X 0 0 0 BILL ROCK DIRECTOR 2.00 X 0 0 0 BOB RICHER DIRECTOR 4.00 X 0 0 0 CATHY HILL DIRECTOR 2.00 X 0 0 0 CHRISTOPHER CONABEE DIRECTOR 2.00 X 0 0 0 DIANE FOSTER DIRECTOR 2.00 X 0 0 0 FRANKLIN MORTON DEVELOPMENT 6.00 X 0 0 0 HANK LOUIS DIRECTOR 4.00 X 0 0 0 JODY GROSS WGF CO-CHAIR 4.00 X 0 0 0 JOLIE IACOBELLI DIRECTOR 2.00 X 0 0 0 JON MONK DIRECTOR 2.00 X 0 0 0 J TAYLOR CRANDALL INVESTMENT C 4.00 X 0 0 0 KAREN MARRIOTT DIRECTOR 4.00 X 0 0 0 KRISTI CUMMING WGF GRANTS C 4.00 X 0 0 0 MARK C LEMONS DIRECTOR 4.00 X 0 0 0 MARK J FISCHER DIRECTOR 2.00 X 0 0 0 MICHAEL RUZEK LIVEPC GIVEP 4.00 X 0 0 0 ROBERT M LA FORGIA AUDIT CHAIR 3.00 X 0 0 0 STEVE SLOAN DIRECTOR 4.00 X 0 0 0 SYDNEY REED GRANTS CHAIR 3.00 X 0 0 0 TOM RAFFA DIRECTOR 3.00 X 0 0 0 KATHERINE D WRIGHT EXECUTIVE DI 45.00 X 87500 0 0 87500 false false false 45000 2255401 161807 2300401 86557 86557 503072 418431 84641 84641 84641 FEE REVENUE 46989 46989 46989 2518588 218187 618773 618773 18893 18893 87500 21875 21875 43750 136778 85617 25432 25729 23437 10547 4687 8203 17157 8223 3619 5315 36322 23609 6901 5812 7118 2420 2349 2349 17517 17517 4228 2114 2114 12556 4450 3804 4302 40100 20129 8020 11951 28553 14374 5850 8329 3888 1944 1944 430 146 142 142 4289 2159 879 1251 3367 1145 1111 1111 COMMUNITY INITIATIVES 81902 81902 FUND EXPENSE 76117 76117 EDUCATION 27276 20457 6819 WOMENS GIVING FUND MENTOR 9951 8956 995 28199 6976 3592 17631 1284351 1048343 88261 147747 1753139 1820605 576337 826813 300310 153665 32778 125279 74360 71407 6462 2953 4469054 5329346 7138080 8258661 8003 2421472 2454290 2429475 2454290 X 3214899 4262742 261845 265777 1231861 1275852 4708605 5804371 7138080 8258661 1234237 -138471 X false true X true false X 934363 836517 2585723 1541864 2300401 8198868 934363 836517 2585723 1541864 2300401 8198868 1855671 6343197 57444 59183 54686 106547 86557 364417 10460 47354 46989 104803 8668088 0.73180 0.70720 X true false PART II, LINE 10 FEE REVENUE 104,803 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29 36 1195383 1360643 282550 511196 2990636 3767806 true true 3721693 1181692 27374 208963 59270 4662526 3906020 708949 135380 971543 57313 3721693 2229347 1606915 330062 227248 33056 3906020 2229347 0.73000 0.27000 false false 26991 24738 2253 47369 46669 700 2953 AGENCY ENDOWMENT FUND 1371768 PERFORMANCE ACCOUNT LIABILITY 1082522 2454290 2378249 -138471 5250 -133221 2511470 7118 7118 2518588 1282483 5250 5250 1277233 7118 7118 1284351 SCHEDULE D, PAGE 4, PART XIII PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS THIS ENDOWMENT FUND WILL BE HELD IN PERPETUITY. ALL EARNINGS FROM THE FUND CAN BE EXPENDED TO SUPPORT THE OPERATIONS OF THE FOUNDATION. PART X, LINE 1 - OTHER LIABILITIES AGENCY ENDOWMENT FUND ASSETS ARE PLEDGED BACK TO THE NON-PROFIT ORGANIZATION FROM WHICH THE ASSETS UNDER MANAGEMENT ORIGINATED. THEREFORE, THE ASSETS, PLUS ANY NET APPRECIATION/DEPRECIATION, ARE RECOGNIZED AS A LIABILITY ON THE FINANCIAL STATEMENTS. PERFORMANCE ACCOUNT LIABILITY REPRESENTS FUNDS HELD ON BEHALF OF ANOTHER NON-PROFIT ORGANIZATION. THE FUNDS ARE HELD IN A SEPARATE BANK ACCOUNT AND ARE INCLUDED IN THE CASH BALANCE ON FORM 990, PART X, LINE 1. THE FOUNDATION DISTRIBUTES CASH TO THIRD PARTIES AFTER CERTAIN REQUIREMENTS ARE MET, WHICH REDUCES BOTH THE CASH AND LIABILITY ACCOUNTS. true ALF ENGEN SKI MUSEUM FOUNDATION PO BOX 980187 PARK CITY UT 84098 870513670 501C3 7060 ARTS & CULTURE ANACONDA ELEMENTARY PTSA 1410 WEST PARK AVENUE ANACONDA MT 59711 810503705 501C3 7000 EDUCATION BIG BROTHERS BIG SISTERS OF SUMMIT 1960 SIDEWINDER DRIVE 202 PARK CITY UT 84060 870336168 501C3 6180 CHILDREN & FAMILY CHRISTIAN CENTER OF PARK CITY PO BOX 683480 PARK CITY UT 84068 870643778 501C3 13580 HEALTH & HUMAN RESOU EATS PARK CITY PO BOX 682896 PARK CITY UT 84068 464131176 501C3 15898 EDUCATION EGYPTIAN THEATRE PO BOX 3119 PARK CITY UT 84060 942773017 501C3 24120 ARTS & CULTURE HABITAT FOR HUMANITY SUMMITWASATCH PO BOX 682704 PARK CITY UT 84068 870539094 501C3 7500 COMMUNITY HOLY CROSS MINISTRIES 860 EAST 4500 SOUTH SUITE 204 SALT LAKE CITY UT 84107 870359324 501C3 9930 COMMUNITY JEWISH FAMILY SERVICES 111 BRICKYARD ROAD SALT LAKE CITY UT 84106 870227089 501C3 13020 COMMUNITY KIMBALL ART CENTER PO BOX 1478 PARK CITY UT 84060 870321132 501C3 6300 ARTS & CULTURE KPCW PO BOX 1372 PARK CITY UT 84060 942528451 501C3 29590 COMMUNITY LAKE TAHOE SKI CLUB FOUNDATION PO BOX 435 TAHOE CITY CA 96145 946098560 501C3 6283 SPORTS & RECREATION MOUNTAIN TOWN MUSIC PO BOX 680896 PARK CITY UT 84068 870669814 501C3 6100 ARTS & CULTURE MOUNTAIN TRAILS FOUNDATION PO BOX 754 PARK CITY UT 84060 870514223 501C3 8389 RECREATION & ENVIRON MOUNTAINLANDS COMMUNITY HOUSING TRU 1960 SIDEWINDER DRIVE SUITE 107 PARK CITY UT 84060 870514438 501C3 15060 HEALTH & HUMAN RESOU NATIONAL ABILITY CENTER PO BOX 682799 PARK CITY UT 84068 943025807 501C3 12900 SPORTS & RECREATION NUZZLES AND CO PO BOX 682155 PARK CITY UT 84068 870482464 501C3 6250 ANIMAL PROTECTION PARK CITY DAY SCHOOL 3120 PINEBROOK ROAD PARK CITY UT 84098 870530835 501C3 5080 EDUCATION PARK CITY EDUCATION FOUNDATION PO BOX 681422 PARK CITY UT 84068 742552454 501C3 51520 EDUCATION PARK CITY HISTORICAL SOCIETY MUSEUM PO BOX 555 PARK CITY UT 84060 942792051 501C3 15680 COMMUNITY PARK CITY INSTITUTE PO BOX 1297 PARK CITY UT 84060 870513186 501C3 27820 ARTS & CULTURE PARK CITY READS 1109 FOXCREST DRIVE PARK CITY UT 84098 474235287 501C3 5340 EDUCATION PC TOTS 1850 SIDEWINDER DRIVE SUITE 410 PARK CITY UT 84060 472876497 501C3 31580 EDUCATION PEACE HOUSE INC 1960 SIDEWINDER DRIVE SUITE 214 PARK CITY UT 84060 870500067 501C3 19300 HEALTH & HUMAN RESOU PEOPLE'S HEALTH CLINIC INC PO BOX 681558 PARK CITY UT 84068 870638042 501C3 18320 HEALTH & HUMAN RESOU PLANNED PARENTHOOD ASSOCIATION OF U 654 SOUTH 900 EAST SALT LAKE CITY UT 84102 870288909 501C3 6680 HEALTH & HUMAN RESOU RECYCLE UTAH 1951 WOODBINE WAY PARK CITY UT 84060 870480848 501C3 15960 ENVIRONMENT SKI UTAH SCHOOL PROGRAM 150 WEST 500 SOUTH SALT LAKE CITY UT 84101 870350943 501C3 20000 SPORTS & RECREATION SONOMA VALLEY MENTORING ALLIANCE 916 1ST WEST SONOMA CA 95476 680429128 501C3 10000 EDUCATION SUMMIT COUNTY CHILDREN'S JUSTICE CT 6300 JUSTICE CENTER DRIVE PARK CITY UT 84098 876000295 GOV 6433 CHILD WELFARE SUMMIT LAND CONSERVANCY PO BOX 1775 PARK CITY UT 84060 421538872 501C3 21185 LAND PRESERVATION SWANER ECOCENTER 1258 CENTER DRIVE PARK CITY UT 84098 870518315 501C3 8555 ENVIRONMENT UINTA HEADWATERS RESOURCE SUMMIT COMMUNITY GARDENS PO BOX 683595 PARK CITY UT 84068 870622430 501C3 6145 COMMUNITY UTAH ATHLETIC FOUNDATION UTAH OLYMPIC LEGACY PARK 3419 OLYMPIC PARKWAY PARK CITY UT 84098 841367913 501C3 20007 SPORTS & RECREATION UTAH SYMPHONY & OPERA 1912 SIDEWINDER DRIVE SUITE 207 PARK CITY UT 84060 510145980 501C3 26420 ARTS & CULTURE YOUTH SPORTS ALLIANCE PO BOX 681698 PARK CITY UT 84068 522383750 501C3 36483 SPORTS & RECREATION 36 SCHOLARSHIPS 9 18393 RESPITE GRANT FOR VICTIMS 1 500 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION ANALYZES EACH NONPROFIT GRANTEE RECEIVING FUNDS FROM OUR COMPETITIVE GRANT PROCESS. SITE VISITS MAY BE CONDUCTED BY STAFF AND BOARD MEMBERS WHERE APPLICABLE AND RESULT IN A SUMMARY REPORT AVAILABLE TO ALL OF THE PARK CITY FOUNDATION BOARD MEMBERS. THE GRANT COMMITTEE APPROVES ALL GRANTING ACTIVITIES OF THE ORGANIZATION. X 11 161807 FAIR MARKET VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B THE FOUNDATION USES A THIRD PARTY, JP MORGAN, TO SELL STOCK GIFTS. FORM 990 - ORGANIZATION'S MISSION MISSION: PARK CITY COMMUNITY FOUNDATION STRENGTHENS OUR COMMUNITY THROUGH COLLABORATIVE GIVING AND ACTION. VALUES: 1.PARTNERSHIP - ANSWERING COMMUNITY NEEDS BY CONVENING DONORS, NONPROFITS, AND STRATEGIC PARTNERS. 2.PROFESSIONALISM - CREATING A CULTURE OF DATA-DRIVEN DECISION MAKING, AND PERFORMING EFFICIENTLY AND TRANSPARENTLY TO EARN THE TRUST OF OUR DONORS, OUR PARTNERS, AND THE COMMUNITY. 3.LEADERSHIP - ADDRESSING COMMUNITY ISSUES BY PROVIDING VISION, INSPIRATION, AND IDEAS. 4.INNOVATION - ELEVATING THE COMMUNITY THROUGH THOUGHTFUL INITIATIVES AND STRATEGIC RISK-TAKING. STRATEGIC GOALS: 1.ENDOW OUR COMMUNITY'S FUTURE - CREATE AN ENDOWMENT TO SUSTAIN AND ENHANCE OUR ABILITY TO SERVE THE COMMUNITY. 2.SUPPORT NONPROFITS - PROMOTE THE PARK CITY NONPROFIT COMMUNITY BY PROVIDING GRANT, EDUCATION, AND NETWORKING OPPORTUNITIES. 3.ACHIEVE LONG-TERM COMMUNITY GAINS - COLLABORATE WITH PARTNERS AND ALIGN RESOURCES TO ACCOMPLISH SHARED GOALS. FORM 990, PAGE 1, PART I, LINE 6 IN 2015, WE USED THE SERVICES OF ABOUT 135 VOLUNTEERS FOR TWO PRIMARY PROGRAMS - LIVE PC GIVE PC, AN ANNUAL ONLINE GIVING EVENT, AND PARK CITY WOMEN'S GIVING FUND. FOR THE WOMEN'S GIVING FUND, WE HAD VOLUNTEERS FOR GRAPHIC DESIGN, EVENT PLANNING, OUTREACH, EDUCATION, AND OTHER COMMITTEES. FOR LIVE PC GIVE PC, WE HAD EVENT VOLUNTEERS, OUTREACH VOLUNTEERS, PHOTOGRAPHERS AND GRAPHIC DESIGNERS. FORM 990, PAGE 6, PART VI, LINE 11B THE AUDIT COMMITTEE CHAIR AND TREASURER WERE GIVEN COPIES OF THE FORM 990, AND THE BOARD OF DIRECTORS RECEIVED A PUBLIC INSPECTION COPY, PRIOR TO IT BEING FILED WITH THE IRS. THEY WERE GIVEN A CHANCE TO REVIEW THE FORM 990 AND OFFER ANY SUGGESTED CHANGES. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT ANY RELATIONSHIPS AND ABSTAIN FROM DECISION MAKING WHEN THERE IS A CONFLICT OF INTEREST. EACH BOARD MEMBER, STAFF MEMBER, AND VOLUNTEER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A A PERFORMANCE EVALUATION TASK FORCE, COMPRISING OF THE BOARD CHAIR, VICE CHAIR, TREASURER, AND THE GOVERNANCE COMMITTEE CHAIR, EVALUATES THE EXECUTIVE DIRECTOR ANNUALLY, BASED ON ACHIEVEMENT OF ORGANIZATIONAL GOALS, OTHER SPECIFIC GOALS, A SELF-EVALUATION AND INVITED COMMENTS FROM ALL BOARD MEMBERS. THE BOARD CHAIR SERVES AS THE TASK FORCE CHAIR. THE EVALUATION IS REPORTED TO THE BOARD, WHICH INCLUDES RECOMMENDATIONS FOR COMPENSATION THAT IS THEN APPROVED BY THE BOARD OF DIRECTORS. THE COMMITTEE REVIEWS THE COUNCIL ON FOUNDATION'S COMPENSATION REPORT AND UTAH NONPROFITS ASSOCIATION SALARY REPORT TO CALCULATE A FAIR WAGE. FORM 990, PAGE 6, PART VI, LINE 19 THE PARK CITY COMMUNITY FOUNDATION'S INVESTMENT POLICY, FEE SCHEDULE, DETERMINATION LETTER, AUDITED FINANCIALS, AND IRS FORM 990 ARE AVAILABLE ON THEIR WEBSITE. ALL OTHER GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.