2015-08-17T17:34:51-05:00 2014-12-31 870624335 NIEDERHAUSER & DAVIS LLC PO BOX 680460 PARK CITY UT 840680460 990 2014-01-01 300171971 PARK CITY FOUNDATION PARK 4352147476 PO BOX 681499 PARK CITY UT 84068 KATIE WRIGHT EXECUTIVE DIRECTOR 4352147476 2015-08-17 true STEPHANIE RUSSELL P00748183 4356553300 2015-08-17 2014 2016-03-07 17:11:31Z PARK CITY COMMUNITY FOUNDATION 3678301 false X WWW.THEPARKCITYFOUNDATION.ORG X 2004 UT PARK CITY COMMUNITY FOUNDATION STRENGTHENS AND UNITES US BY IDENTIFYING NEEDS, GIVING, SUPPORTING AND CONNECTING OUR COMMUNITY. WE DO THIS BY PROVIDING GRANTS AND EDUCATION TO NONPROFIT ORGANIZATIONS, PHILANTHROPIC SERVICES TO DONORS AND BY LEADING COMMUNITY INITIATIVES SUCH AS LIVE PC GIVE PC, PARK CITY WOMEN'S GIVING FUND, MILEPOST, SAVE OUR SNOW AND MORE. WE HAVE THREE 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 7 154 0 2585723 1541864 0 54686 266015 10460 47354 2650869 1855233 523526 1343539 0 282645 294284 0 163728 260312 263352 1066483 1901175 1584386 -45942 6665561 7138080 1785564 2429475 4879997 4708605 X PARK CITY COMMUNITY FOUNDATION STRENGTHENS AND UNITES US BY IDENTIFYING NEEDS, GIVING, SUPPORTING AND CONNECTING OUR COMMUNITY. WE DO THIS BY PROVIDING GRANTS AND EDUCATION TO NONPROFIT ORGANIZATIONS, PHILANTHROPIC SERVICES TO DONORS AND BY LEADING COMMUNITY INITIATIVES SUCH AS LIVE PC GIVE PC, PARK CITY WOMEN'S GIVING FUND, MILEPOST, SAVE OUR SNOW AND MORE. WE HAVE THREE 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 1545867 1251249 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 MILLION IN 24 HOURS IN 2014. 92290 92290 THE ORGANIZATION OFFERED VARIOUS SCHOLARSHIPS FOR ATHLETICS AS WELL AS EDUCATION FOR THOSE IN NEED. 1638157 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 true true false false false false false false false false true 9 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 true true true true true true true false false X KATIE WRIGHT PC FOUNDATION 4352147476 PO BOX 681499 PARK CITY UT 84068 JACK MUELLER BOARD CHAIR 3.00 X X 0 0 0 ELIZABETH LOCKETTE BOARD VICE C 2.00 X X 0 0 0 STEPHEN TYLER TREASURER, G 2.00 X X 0 0 0 JUDITH BILLINGS SECRETARY, E 1.00 X X 0 0 0 BECKY KEARNS DIRECTOR 1.00 X 0 0 0 BILL COLEMAN DIRECTOR 1.00 X 0 0 0 BOB RICHER DIRECTOR 2.00 X 0 0 0 CATHY HILL DIRECTOR 1.00 X 0 0 0 CHRISTOPHER CONABEE DIRECTOR 1.00 X 0 0 0 DIANE FOSTER DIRECTOR 1.00 X 0 0 0 EMILY SCOTT POTTRUCK DIRECTOR 2.00 X 0 0 0 FRANKLIN MORTON DEVELOPMENT 3.00 X 0 0 0 HANK LOUIS DIRECTOR 1.00 X 0 0 0 JODY GROSS WOMEN'S GIVI 4.00 X 0 0 0 JOLIE IACOBELLI DIRECTOR 1.00 X 0 0 0 JON MONK DIRECTOR 1.00 X 0 0 0 J TAYLOR CRANDALL INVESTMENT C 2.00 X 0 0 0 LINDA WARREN DIRECTOR 1.00 X 0 0 0 MARK J FISCHER DIRECTOR 1.00 X 0 0 0 MICHAEL RUZEK LIVEPC GIVEP 2.00 X 0 0 0 ROBERT M LA FORGIA AUDIT CHAIR 2.00 X 0 0 0 STEVE SLOAN DIRECTOR 1.00 X 0 0 0 SYDNEY REED DIRECTOR 1.00 X 0 0 0 TOM GROSSMAN DIRECTOR 1.00 X 0 0 0 KATHERINE D WRIGHT EXECUTIVE DI 40.00 X 79731 0 0 TRISHA WORTHINGTON EXECUTIVE DI 40.00 X 70319 0 0 150050 false false false 51500 1490364 179272 1541864 106547 106547 1982536 1823068 159468 159468 159468 FEE REVENUE 47354 47354 47354 1855233 313369 1251249 1251249 92290 92290 150050 49943 31461 68646 104539 62177 17328 25034 20220 8593 4550 7077 19475 8577 3732 7166 41991 14277 13857 13857 6403 2177 2113 2113 9154 9154 3320 1660 1660 12303 4475 3572 4256 27249 18721 5450 3078 8999 4481 1549 2969 4842 2421 2421 4976 1692 1642 1642 4834 2407 832 1595 3248 1104 1072 1072 FUND EXPENSE 64163 64163 COMMUNITY INITIATIVES 28819 28819 EDUCATION 12326 4930 7396 BANK CHARGES 9502 9502 21223 4847 2630 13746 1901175 1638157 99290 163728 1952143 1753139 748786 576337 356086 300310 11587 32778 73577 67115 8276 6462 3588683 4469054 6665561 7138080 140 8003 1785424 2421472 1785564 2429475 X 3880512 3214899 298254 261845 701231 1231861 4879997 4708605 6665561 7138080 -45942 -125450 X false true X true false X 2167403 934363 836517 2585723 1541864 8065870 2167403 934363 836517 2585723 1541864 8065870 2109860 5956010 19998 57444 59183 54686 106547 297858 10460 47354 57814 8421542 0.70720 0.65590 X true false PART II, LINE 10 FEE REVENUE 57,814 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30 46 315294 1256570 877141 466398 2107402 3600570 true true 3906020 708949 135380 971543 57313 3721693 2229347 1606915 330062 227248 33056 3906020 2229347 0.95000 0.05000 false false 26208 20661 5547 47369 46454 915 6462 PERFORMANCE ACCOUNT LIABILITY 1262500 AGENCY ENDOWMENT FUND 1158972 2421472 1759783 -125450 30000 -95450 1855233 1855233 1931175 30000 30000 1901175 1901175 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 25 - OTHER LIABILITIES 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 PART X, LINE 1. THE FOUNDATION DISTRIBUTES CASH TO THIRD PARTIES AFTER CERTAIN REQUIREMENTS ARE MET, WHICH REDUCES BOTH THE CASH AND LIABILITY ACCOUNTS. 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. PART XI, LINE 1 - TOTAL REVENUE, GAINS AND OTHER SUPPORT PER AUDITED F/S THE AUDITED FINANCIAL STATEMENT NET REVENUE DOES NOT TIE TO THE RECONCILED AMOUNT BY 4 DUE TO ROUNDING ON PRIOR RETURNS, WHICH IS BEING CORRECTED CURRENTLY. true AMERICAN ENDOWMENT FOUNDATION 1521 GEORGETOWN ROAD SUITE 104 HUDSON OH 44236 341747398 501C3 613373 DAF SPONSOR BIG BROTHERS BIG SISTERS OF SUMMIT 1960 SIDEWINDER DRIVE 202 PARK CITY UT 84060 870336168 501C3 5500 CHILDREN & FAMILY CHRISTIAN CENTER OF PARK CITY PO BOX 683480 PARK CITY UT 84068 870643778 501C3 8442 HEALTH & HUMAN RESOU EGYPTIAN THEATRE PO BOX 3119 PARK CITY UT 84060 942773017 501C3 6012 ARTS & CULTURE FRIENDS OF ANIMALS UTAH PO BOX 682155 PARK CITY UT 84068 870482464 501C3 29839 ANIMAL PROTECTION FRIENDS OF THE PARK CITY LIBRARY PO BOX 668 PARK CITY UT 84060 501C3 5500 LIBRARY SUPPORT HABITAT FOR HUMANITY SUMMITWASATCH PO BOX 682704 PARK CITY UT 84068 870539094 501C3 7000 EDUCATION HOLY CROSS MINISTRIES 860 EAST 4500 SOUTH SUITE 204 SALT LAKE CITY UT 84107 870359324 501C3 11676 EDUCATION JEWISH FAMILY SERVICES 111 BRICKYARD ROAD SALT LAKE CITY UT 84106 870227089 501C3 6690 COMMUNITY KASIISI PROJECT 64 LINNAEAN STREET CAMBRIDGE MA 02138 542195079 501C3 20000 CONSERVATION KIMBALL ART CENTER PO BOX 1478 PARK CITY UT 84060 870321132 501C3 12212 ARTS & CULTURE KPCW PO BOX 1372 PARK CITY UT 84060 942528451 501C3 32964 COMMUNITY MOUNTAIN TRAILS FOUNDATION PO BOX 754 PARK CITY UT 84060 870514223 501C3 15878 RECREATION & ENVIRON MOUNTAINLANDS COMMUNITY HOUSING TRU 1960 SIDEWINDER DRIVE SUITE 107 PARK CITY UT 84060 870514438 501C3 14070 HEALTH & HUMAN RESOU NATIONAL ABILITY CENTER PO BOX 682799 PARK CITY UT 84068 943025807 501C3 8485 SPORTS & RECREATION PARK CITY DAY SCHOOL 3120 PINEBROOK ROAD PARK CITY UT 84098 870530835 501C3 9285 EDUCATION PARK CITY EDUCATION FOUNDATION PO BOX 681422 PARK CITY UT 84068 742552454 501C3 29652 EDUCATION PARK CITY HIGH SCHOOL 1750 KEARNS BOULEVARD PARK CITY UT 84060 876000509 GOV 14465 EDUCATION PARK CITY HISTORICAL SOCIETY MUSEUM PO BOX 555 PARK CITY UT 84060 942792051 501C3 6124 COMMUNITY PARK CITY PERFORMING ARTS FOUNDATIO PO BOX 1297 PARK CITY UT 84060 870513186 501C3 21643 ARTS & CULTURE PEACE HOUSE INC 1960 SIDEWINDER DRIVE SUITE 214 PARK CITY UT 84060 870500067 501C3 20766 HEALTH & HUMAN RESOU PEOPLE'S HEALTH CLINIC INC PO BOX 681558 PARK CITY UT 84068 870638042 501C3 19991 HEALTH & HUMAN RESOU PLANNED PARENTHOOD ASSOCIATION OF U 654 SOUTH 900 EAST SALT LAKE CITY UT 84102 870288909 501C3 8671 HEALTH & HUMAN RESOU RECYCLE UTAH 1951 WOODBINE WAY PARK CITY UT 84068 870480848 501C3 18050 ENVIRONMENT SKI UTAH SCHOOL PROGRAM 150 WEST 500 SOUTH SALT LAKE CITY UT 84101 870350943 501C3 35000 SPORTS & RECREATION SPEEDY FOUNDATION 2189 SOUTH WHITE PINE PLACE BOISE ID 83706 452875954 501C3 32557 HEALTH & HUMAN SERVI SUMMIT LAND CONSERVANCY PO BOX 1775 PARK CITY UT 84060 421538872 501C3 16487 LAND PRESERVATION SUNDANCE INSTITUTE PO BOX 684429 PARK CITY UT 84068 870361394 501C3 6500 ARTS & CULTURE SWANER ECOCENTER 1258 CENTER DRIVE PARK CITY UT 84098 870518315 501C3 11095 ENVIRONMENT UINTA HEADWATERS RESOURCE SUMMIT COMMUNITY GARDENS PO BOX 683595 PARK CITY UT 84068 870622430 501C3 10048 COMMUNITY US SKI AND SNOWBOARD TEAM FOUNDATIO 1 VICTORY LANE PARK CITY UT 84060 501C3 16504 EDUCATION & TRAINING UTAH SYMPHONY & OPERA 1912 SIDEWINDER DRIVE SUITE 207 PARK CITY UT 84060 510145980 501C3 11048 ARTS & CULTURE WINTER SPORTS SCHOOL PO BOX 1998 PARK CITY UT 84060 870565973 501C3 25048 EDUCATION YOUTH WINTER SPORTS ALLIANCE PO BOX 681698 PARK CITY UT 84068 522383750 501C3 33344 SPORTS & RECREATION 34 SCHOLARSHIPS FOR ATHLETES 4 27900 TUITION GRANTS 4 60390 RESPITE GRANT FOR VICTIMS 8 4000 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. POWDR CORPORATION FORMER DIRECTOR 9000 OFFICE SPACE RENT false X 6 179272 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 PARK CITY COMMUNITY FOUNDATION STRENGTHENS AND UNITES US BY IDENTIFYING NEEDS, GIVING, SUPPORTING AND CONNECTING OUR COMMUNITY. WE DO THIS BY PROVIDING GRANTS AND EDUCATION TO NONPROFIT ORGANIZATIONS, PHILANTHROPIC SERVICES TO DONORS AND BY LEADING COMMUNITY INITIATIVES SUCH AS LIVE PC GIVE PC, PARK CITY WOMEN'S GIVING FUND, MILEPOST, SAVE OUR SNOW AND MORE. WE HAVE THREE 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 2014, WE USED THE SERVICES OF ABOUT 154 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 BEFORE IT WAS 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 RELATIONSHIP PRIOR TO GRANT DECISIONS AND ABSTAIN FROM DECISION MAKING WHEN THERE IS A CONFLICT OF INTEREST. EACH BOARD MEMBER FILLS OUT A CONFLICT OF INTEREST FORM ANNUALLY DURING THE COMPETITIVE GRANT DECISIONS. 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. FORM 990, PAGE 6, PART VI, LINE 19 THE PARK CITY COMMUNITY FOUNDATION'S AUDIT AND FORM 990 ARE AVAILABLE ON THEIR WEBSITE. ALL OTHER GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.