THE GFC FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- THE GFC FOUNDATION (EIN 87-0529248)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-02-06
- IRS object ID
- 201500379349100700
- Schema version
- 2013v4.0
- 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
- Compensation Explanation
- Depreciation Schedule
- Employee Compensation Expln
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-06T10:32:18-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 870503232 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWKINS CLOWARD & SIMISTER LC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1095 S 800 E STE 1 | AddressLine1 |
| City | OREM | City |
| State | UT | State |
| ZIP Code | 840971810 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870529248 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GFC FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GFCF | BusinessNameControlTxt |
| Phone | 8012248600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 881 W STATE ROAD 140-214 | AddressLine1 |
| City | PLEASANT GROVE | City |
| State | UT | State |
| ZIP Code | 84062 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STANFORD SWIM | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8012248600 | PhoneNum |
| Signature | 2014-11-18 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | O JEFFERY WILDE | PreparerPersonNm |
| PTIN | P00140987 | PTIN |
| Phone | 8012241900 | PhoneNum |
| Preparation | 2014-11-19 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $33,501,017 | 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 |
| Interest On Sav Rev And Expnss | $41,962 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $41,962 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $569,097 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $569,097 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,212,231 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,298,772 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,212,231 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $154,135 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $154,135 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,977,425 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,977,425 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $19,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $19,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $122,478 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $122,478 | OthEmplSlrsWgsNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $29,183 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $29,183 | PensionEmplBnftNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $1,484 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,484 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $4,615 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,615 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $149,882 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $149,882 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $415 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $415 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $49,817 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,156 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $959 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $1,178 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $1,178 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $38,462 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $20,107 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,071 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $437,580 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $352,462 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,896,085 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,896,085 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,333,665 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $352,462 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,896,085 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $643,760 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,624,963 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,036,974 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $769,350 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $769,350 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $662,199 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $690,411 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $662,199 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $662,199 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $20,957,838 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,054,971 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,264,716 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,393,762 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,271,974 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,452,412 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,380,908 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $26,172 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,355,695 | LandBOYAmt |
| Land EOY | $1,354,736 | LandEOYAmt |
| Land EOYFMV | $1,352,340 | LandEOYFMVAmt |
| Other Assets BOY | $32,342 | OtherAssetsBOYAmt |
| Total Assets BOY | $29,467,022 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,113,230 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,501,017 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $3,730 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $6,178 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,730 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,178 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $19,786,549 | CapitalStockBOYAmt |
| Retained Earning BOY | $9,676,743 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,107,052 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,463,292 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,107,052 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,467,022 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $30,113,230 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,463,292 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $643,760 | ExcessRevenueOverExpensesAmt |
| Subtotal | $30,107,052 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $30,107,052 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SOLTIS | P | 2012-10-02 | 2013-09-10 | $169,391 | $172,190 | -$2,799 | -$2,799 |
| SOLTIS | P | 2013-01-02 | 2014-04-28 | $4,286,215 | $3,820,874 | $465,341 | $465,341 |
| RIGGS | P | 2013-12-31 | 2014-04-15 | $771,567 | $775,212 | -$3,645 | -$3,645 |
| RIGGS | P | 2010-05-20 | 2014-04-16 | $6,508,652 | $5,086,405 | $1,422,247 | $1,422,247 |
| JOHNSON & JOHNSON | P | 2009-10-09 | 2013-08-15 | $22,105 | $15,569 | $6,536 | $6,536 |
| PROCTER & GAMBLE | P | 2013-05-29 | 2013-09-15 | $11,461 | $12,357 | -$896 | -$896 |
| TIMKEN CO. | P | 2011-10-28 | 2013-10-29 | $26,681 | $21,954 | $4,727 | $4,727 |
| BANK OF MONTREAL | P | 2013-07-29 | 2013-11-15 | $20,702 | $19,278 | $1,424 | $1,424 |
| ELI LILY & CO | P | 2013-10-24 | 2013-11-14 | $24,590 | $25,058 | -$468 | -$468 |
| GLAXO SMITH KLINE PLC | P | 2013-03-11 | 2013-12-15 | $15,609 | $13,742 | $1,867 | $1,867 |
| FREEPORT MCMORAN | P | 2013-03-15 | 2013-12-17 | $16,980 | $17,100 | -$120 | -$120 |
| MERCH & CO | P | 2011-08-16 | 2013-12-17 | $23,985 | $16,407 | $7,578 | $7,578 |
| PARKER-HANNIFEN | P | 2008-08-08 | 2014-01-27 | $36,440 | $19,137 | $17,303 | $17,303 |
| MICHELIN COMPAGNE | P | 2011-04-15 | 2014-02-06 | $51,924 | $43,865 | $8,059 | $8,059 |
| STATOIL ASA | P | 2011-03-08 | 2014-02-19 | $25,370 | $27,393 | -$2,023 | -$2,023 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,212,231 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,637 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,849,235 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $29,861,731 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.061927 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,777,300 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $29,631,803 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059979 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,408,005 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $30,431,665 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.046268 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,548,962 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $33,072,177 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.107310 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,462,199 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $51,965,868 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.105111 | DistributionYr5Rt |
| Total Distribution | 0.380595 | TotalDistributionRt |
| Average Distribution | 0.076119 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $31,008,611 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,360,344 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $26,250 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,386,594 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,896,085 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $52,499 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $52,499 | SubtotalAmt |
| Tax Based On Investment Income | $52,499 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $20,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $52,000 | TotalPaymentsAndCreditsAmt |
| Tax Due | $499 | TaxDueAmt |
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 |
| 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 |
| Individual With Books | STANFORD SWIM | IndividualWithBooksNm |
| Phone | 8012248600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 881 W STATE ROAD 140-214 | AddressLine1 |
| City | PLEASANT GROVE | City |
| State | UT | State |
| ZIP Code | 84062 | ZIPCode |
| 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1 | Address Line2USAddress/AddressLine2 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| LAURALYN B SWIM | |||||||||
| 881 W STATE ROAD 140-214 | 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84062 | EXECUTIVE CO | 3.00 | $0 | $0 | $0 |
| PAUL T MERO | |||||||||
| 881 W STATE ROAD 140-214 | 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84062 | BOARD MEMBER | 1.00 | $7,500 | $0 | $0 |
| BRENT MCKINLEY | |||||||||
| 881 W STATE ROAD 140-214 | 881 W STATE ROAD 140-214 | PLEASANT GROVE | UT | 84062 | EXECUTIVE CO | 2.00 | $11,500 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STANFORD SWIM | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 881 W STATE ROAD 140-214 | AddressLine1 |
| Address Line2 | 881 W STATE ROAD 140-214 | AddressLine2 |
| City | PLEASANT GROVE | City |
| State | UT | State |
| ZIP Code | 84062 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 50.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $119,722 | CompensationAmt |
| Employee Benefits | $5,889 | EmployeeBenefitsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,067,053 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $915,977 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,497,793 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,480,823 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $31,480,823 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $472,212 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $31,008,611 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,550,431 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,550,431 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $52,499 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $52,499 | TotalTaxAmt |
| Distributable Before Adj | $1,497,932 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,497,932 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,497,932 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,896,085 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,896,085 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,896,085 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,497,932 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $2,871,502 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,899,429 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $310,296 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $384,797 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,466,024 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,896,085 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,497,932 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $398,153 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,864,177 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,871,502 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,992,675 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,899,429 | ExcessFromYear4Amt |
| Excess From Year2 | $310,296 | ExcessFromYear2Amt |
| Excess From Year1 | $384,797 | ExcessFromYear1Amt |
| Excess From Current Year | $398,153 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2 | Address Line1RecipientUSAddress/AddressLine1 | Address Line2RecipientUSAddress/AddressLine2 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|---|
| SUTHERLAND INSTITUTE | |||||||||
| SUTHERHLAND INSTITUTE | 307 W 200 S | 307 W 200 S | SALT LAKE CITY | UT | 84101 | NONE | PUBLIC | GENERAL PURPOSES | $1,217,000 |
| THE HOWARD CENTER | |||||||||
| THE HOWARD CENTER | 934 N MAIN ST | 934 N MAIN ST | ROCKFORD | IL | 61103 | NONE | PUBLIC | FAMILIES PROJECT | $50,000 |
| BRIGHAM YOUNG UNIVERSITY | |||||||||
| BRIGHAM YOUNG UNIVERSITY | P O BOX 27188 | P O BOX 27188 | PROVO | UT | 846027188 | NONE | PUBLIC | ASPEN GROVE FAMILY CAMP | $20,000 |
| DONORS TRUST | |||||||||
| DONORS TRUST | 109 N HENRY ST | 109 N HENRY ST | ALEXANDRIA | VA | 22314 | NONE | PUBLIC | GENERAL PURPOSES | $265,000 |
| TINY TIM'S FOUNDATION | |||||||||
| TINY TIM'S FOUNDATION | 1778 W 8340 S | 1778 W 8340 S | WEST JORDAN | UT | 84088 | NONE | PUBLIC | GENERAL PURPOSES | $15,000 |
| PHILANTHROPY ROUNDTABLE | |||||||||
| PHILANTHROPY ROUNDTABLE | 1150 17TH ST NW STE 503 | 1150 17TH NW STE 503 | WASHINGTON | DC | 20036 | NONE | PUBLIC | GENERAL PURPOSES | $5,000 |
| STATE POLICY NETWORK | |||||||||
| STATE POLICY NETWORK | 6255 ARLINGTON BLVD | 6255 ARLINGTON BLVD | RICHMOND | CA | 948051601 | NONE | PUBLIC | GENERAL PURPOSES | $5,000 |
| RUTH INSTITUTE | |||||||||
| RUTH INSTITUTE | 663 S RANCHO SANTA FE RD | 663 S RANCHO SANTA FE RD | SAN MARCOS | CA | 920783973 | NONE | PUBLIC | GENERAL PURPOSES | $50,000 |
| NAT ORG FOR MARRIAGE ED FUND | |||||||||
| NOM EDUCATION TRUST | 2029 K STREET STE 300 | WASHINGTON | DC | 20006 | NONE | PUBLIC | GENERAL PURPOSES | $20,000 | |
| MARRIAGE LAW FOUNDATION | |||||||||
| MARRIAGE LAW FOUNDATION | 1426 E 820 N | OREM | UT | 84097 | NONE | PUBLIC | GENERAL PURPOSES | $50,000 | |
| MOUNT VERNON LADIES ASSOCIATION | |||||||||
| MOUNT VERNON LADIES ASSOCIATION | P O BOX 110 | 1 | MOUNT VERNON | VA | 22121 | NONE | PUBLIC | GENERAL PURPOSES | $2,500 |
| AMERICAN PRINCIPLES PROJECT | |||||||||
| AMERICAN PRINCIPLES PROJECT | 1420 K ST STE 300 | 1 | WASHINGTON | DC | 20005 | NONE | PUBLIC | GENERAL PURPOSES | $600 |
| UTAH FESTIVAL OPERA | |||||||||
| UTAH FESTIVAL OPERA | 59 S 100 W | 1 | LOGAN | UT | 84321 | NONE | PUBLIC | GENERAL PURPOSES | $5,000 |
| HERITAGE FOUNDATION | |||||||||
| HERITAGE FOUNDATION | 214 MASSACHUSETTS AVE N | WASHINGTON | DC | 20002 | NONE | PUBLIC | GENERAL PURPOSES | $7,500 | |
| KUED | |||||||||
| KUED | 101 WASATCH DRIVE | SALT LAKE CITY | UT | 84112 | NONE | PUBLIC | GENERAL PURPOSES | $5,000 | |
| SOUTHERN VIRGINIA UNIVERSITY | |||||||||
| SOUTHERN VIRGINIA UNIVERSITY | ONE UNIVERSITY HILL DRIVE | GUENA VISTA | VA | 24416 | NONE | NONE | GENERAL PURPOSES | $20,000 | |
| FUND FOR AMERICAN STUDIES | |||||||||
| FUND FOR AMERICAN STUDIES | 1706 NEW HAMPSHIRE AVE | WASHINGTON | DC | 20009 | NONE | PUBLIC | GENERAL PURPOSES | $1,000 | |
| BECKET FUND FOR RELIGIOUS LIBERTY | |||||||||
| BECKET FUND FOR RELIGIOUS LIBERTY | 3000 K ST NW | WASHINGTON | DC | 20007 | NONE | PUBLIC | GENERAL PURPOSES | $5,500 | |
| MENTORS INTERNATIONAL | |||||||||
| MENTORS INTERNATIONAL | 65 E WADSWORTH PARK DR | DRAPER | UT | 84020 | NONE | PUBLIC | GENERAL PURPOSES | $5,000 | |
| INSTITUTE FOR FAMILY STUDIES | |||||||||
| INSTITUTE FOR FAMILY STUDIES | P O BOX 7967 | CHARLOTTESVILLE | VA | 229067967 | NONE | PUBLIC | GENERAL PURPOSES | $30,000 | |
| EXPONENT PHILANTHROPY | |||||||||
| EXPONENT PHILANTHROPY | 1720 N STREET NW | WASHINGTON | DC | 20036 | NONE | PUBLIC | GENERAL PURPOSES | $1,000 | |
| FOUND FOR AMERICAN CHRISTIAN EDUC | |||||||||
| FOUN FOR AMERICAN CHRISTIAN EDUCATION | 4225 E PORTSMOUTH BLVD | CHESAPEAKE | VA | 233219588 | NONE | PUBLIC | GENERAL PURPOSES | $985 | |
| FREEDOM OF CONSCIENCE DEFENSE FUND | |||||||||
| FREEDOM OF CONSCIENCE DEFENSE FUND | P O BOX 9520 | RANCHO SANTA FE | CA | 92067 | NONE | PUBLIC | GENERAL PURPOSES | $20,000 | |
| ACTRIGHT EDUCATION FUND | |||||||||
| ACTRIGHT EDUCATION FUND | 2029 K STREET NW STE 300 | WASHINGTON | DC | 20006 | NONE | PUBLIC | GENERAL PURPOSES | $40,000 | |
| THE AUSTIN INSTITUTE | |||||||||
| THE AUSTIN INSTITUTE | 1611 WEST AVE | AUSTIN | TX | 78701 | NONE | PUBLIC | GENERAL PURPOSES | $7,500 | |
| NOAH WEBSTER ACADEMY | |||||||||
| NOAH WEBSTER ACADEMY | 205 E 400 S | OREM | UT | 84058 | NONE | PUBLIC | GENERAL PURPOSES | $5,000 | |
| UTAH EAGLE FORUM EDUCATION FUND | |||||||||
| UTAH EAGLE FORUM EDUCATION FUND | 5882 W 9600 N | HIGLAND | UT | 84003 | NONE | PUBLIC | GENERAL PURPOSES | $10,000 | |
| PINYON FOUNDATION | |||||||||
| PINYON FOUNDATION | 1712 CANYON ROAD | SANTA FE | NM | 87501 | NONE | PUBLIC | GENERAL PURPOSES | $1,000 | |
| UTAH FREEDOM MEMORIAL PARK FOUNDAT | |||||||||
| UTAH FREEDOM MEMORIAL PARK FOUNDAT | 974 S 1400 W | SALT LAKE CITY | UT | 84104 | NONE | PUBLIC | GENERAL PURPOSES | $6,500 | |
| FOUNDATION FOR THE AMERICAN WEST | |||||||||
| FOUNDATION FOR THE AMERICAN WEST | 5132 N 300 W STE 260 | PROVO | UT | 84604 | NONE | PUBLIC | DONOR ADVISED FUND | $25,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,896,085 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,962 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $569,097 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $287,100 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,925,131 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| RED BRDIDGE CAPITAL II (K-1) | 1 | $208,669 |
| ROC FUND (K-1) | 1 | -$54,534 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,052,294 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,925,131 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,977,425 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PAYROLL PREPARATION | $140 | $140 |
| ACCOUNTING | $4,475 | $4,475 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (3 entries)
| LAURALYN B SWIM |
| PAUL T MERO |
| BRENT MCKINLEY |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2007-01-09 | $6,138 | $6,138 | 200DB | 5.0000 | |
| COMPUTER SOFTWARE | 2007-06-14 | $4,027 | $4,027 | 3.0000 | ||
| OFFICE FURNITURE | 2006-07-01 | $1,075 | $1,075 | S/L | 7.0000 | |
| COMPUTER EQUIPMENT | 2008-04-07 | $9,254 | $9,254 | 200DB | 5.0000 | |
| COMPPUTER EQUIPMENT | 2008-02-13 | $1,116 | $1,116 | 200DB | 5.0000 | |
| OFFICE CABINETS | 2013-04-24 | $6,958 | $3,603 | 200DB | 7.0000 | $959 |
Employee Compensation Expln EmployeeCompensationExpln
Employee Comp Explanation EmployeeCompExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Employee | STANFORD SWIM | EmployeeNm |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | STOCK INVESTMENTS | StockNm |
| EOY Book Value | $21,054,971 | EOYBookValueAmt |
| EOYFMV | $24,264,716 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CBO FINANCIAL | AT COST | $10,000 | $10,000 |
| LOAN RECEIVABLE | AT COST | $1,052,920 | $1,052,920 |
| RED BRIDGE CAPITAL II, LLC | AT COST | $1,742,784 | $1,742,784 |
| PURE PREDICTIVE, INC. | AT COST | $2,101,500 | $2,101,500 |
| PELION VENTURES, LP | AT COST | $339,875 | $339,875 |
| MERCATO PARTNERS GROWTH II | AT COST | $398,808 | $469,015 |
| ROC FUND II | AT COST | $626,087 | $736,318 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | Category Or ItemCategoryOrItemTxt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| $28,568 | $26,172 | $2,396 | ||
| $1,352,340 | $1,352,340 | LAND, AMERICAN FORK, UT | $1,352,340 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $1,484 | LegalFeesAmt |
| Net Investment Income | $1,484 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ESCROW FOR LAND IMPROVEMENTS | Desc |
| BOY Book Value | $32,342 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| LICENSES | ||
| OFFICE SUPPLIES | $8,347 | $8,347 |
| TELEPHONE | $1,856 | $1,856 |
| MEALS | $2,072 | $1,036 |
| LIABILITY INSURANCE | ||
| POSTAGE | $451 | $451 |
| MEDIA PRODUCTION EXPENSES | ||
| BANK CHARGES | ||
| DUES & SUBSCRIPTIONS | $3,908 | $3,908 |
| COMPUTER REPAIRS | ||
| COMPUTER SOFTWARE | ||
| BOARD REIMBURSEMENTS | $2,610 | $2,610 |
| WORKER'S COMPENSATION | ||
| COMPLIANCE | $390 | $390 |
| BANK CHARGES | $473 | $473 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| RED BRDIDGE CAPITAL II (K-1) | $208,669 | $208,669 |
| ROC FUND (K-1) | -$54,534 | -$54,534 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| RENT DEPOSIT | $1,050 | $1,050 |
| PAYROLL TAX LIABILITIES | $2,680 | $4,137 |
| 401(K) PAYABLE | $991 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)
| Balance DueBalanceDueAmt |
|---|
| NR AMERICAN HERITAGE SCHOOL |
| $446,337 |
| NR JOHN HANCOCK CHARTER SCHOOL |
| $215,862 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ALLIANCE BENEFIT GROUP | $175 | $175 |
| SOLTIS | $56,971 | $56,971 |
| RIGGS | $38,776 | $38,776 |
| OTHER | ||
| MERCATO PARTNERS GROWTH II | $31,623 | $31,623 |
| PELION VENTURES V | $22,337 | $22,337 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX WITHHELD | $2,837 | $2,837 |
| PROPERTY TAXES | $2,319 | $2,319 |
| ESTIMATED TAXES - 6/30/14 | $32,000 | |
| TAXES - BALANCE DUE - 6/30/13 | $12,661 |
Comments