FLAHERTY FAMILY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: FLAHERTY FAMILY FOUNDATION (EIN 20-8107248)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-11-17
IRS object ID: 201413229349100011
Schema version: 2013v3.0
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
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-11-17T13:13:56-06:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	910605875	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PETERSON SULLIVAN LLP CPA'S	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	601 UNION ST STE 2300	AddressLine1
City	SEATTLE	City
State	WA	State
ZIP Code	981012345	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	208107248	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TIM & TRACY FLAHERTY FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	TIM&	BusinessNameControlTxt
Phone	2067744400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3080	AddressLine1
City	SILVERDALE	City
State	WA	State
ZIP Code	98383	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TIM FLAHERTY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2067744400	PhoneNum
Signature	2014-11-18	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GERALD E ADAMS CPA	PreparerPersonNm
PTIN	P00202754	PTIN
Phone	2063827777	PhoneNum
Preparation	2014-11-18	PreparationDt

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,607,583	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$23,371	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$23,260	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$18,517	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$18,517	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$54,775	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$31,923	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$41,052	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$41,052	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$28,165	TotalRevAndExpnssAmt
Total Net Invst Incm	$82,829	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$7,832	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$5,874	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,958	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$4,512	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$512	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$50,722	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$50,387	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$63,066	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$56,773	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,958	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$31,970	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$31,970	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$95,036	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$56,773	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$33,928	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$66,871	ExcessRevenueOverExpensesAmt
Net Investment Income	$26,056	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$195,458	CashBOYAmt
Cash EOY	$276,132	CashEOYAmt
Cash EOYFMV	$276,132	CashEOYFMVAmt
Other Investments BOY	$2,537,005	OtherInvestmentsBOYAmt
Other Investments EOY	$2,389,460	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$2,331,451	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$2,732,463	TotalAssetsBOYAmt
Total Assets EOY	$2,665,592	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,607,583	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$2,732,463	RetainedEarningBOYAmt
Retained Earning EOY	$2,665,592	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,732,463	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,665,592	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,732,463	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,665,592	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,732,463	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$66,871	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$2,665,592	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,665,592	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
UBS SHARES	P	2011-03-01	2013-12-31	$31,923	$32,711	-$788	-$788
FROM PASSTHROUGH	P	2013-01-01	2013-12-31			$7,304	$7,304
FROM PASSTHROUGH	P	2012-06-01	2013-12-31			$26,894	$26,894
SECTION 1231 GAIN	P	2012-06-01	2013-12-31			$1,815	$1,815
INVESTMENT WRITE OFF - PURE ENERGY	P	2010-03-25	2013-12-31		$90,000	-$90,000	-$90,000

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$54,775	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$148,365	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$2,414,935	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.061436	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$149,943	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$2,400,829	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.062455	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$143,982	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$2,166,917	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.066446	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$86,953	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,988,265	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.043733	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$420,237	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$2,999,698	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.140093	DistributionYr5Rt
Total Distribution	0.374163	TotalDistributionRt
Average Distribution	0.074833	AverageDistributionRt
Net Vl Noncharitable Assets	$2,465,472	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$184,499	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$261	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$184,760	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$33,928	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$521	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$521	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$521	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,185	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$2,185	TotalPaymentsAndCreditsAmt
Overpayment	$1,664	OverpaymentAmt
Applied To ES Tax	$1,664	AppliedToESTaxAmt
Refund	$0	RefundAmt

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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	0	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	WA	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	N/A	WebsiteAddressTxt
Individual With Books	KAREN MEYERS	IndividualWithBooksNm
Phone	2067744400	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3080	AddressLine1
City	SILVERDALE	City
State	WA	State
ZIP Code	98383	ZIPCode

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (1)	ForeignAccountsQuestionInd
Foreign Country	CJ	ForeignCountryCd

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	Yes (1)	BusinessHoldingsInd
Excess Business Holdings	0	ExcessBusinessHoldingsInd
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 (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
TIM FLAHERTY
PO BOX 3080	SILVERDALE	WA	98383	DIRECTOR/PRESIDENT	2.50	$0	$0	$0
TRACY FLAHERTY
PO BOX 3080	SILVERDALE	WA	98383	DIRECTOR/SECRETARY	2.50	$0	$0	$0
KAREN MEYERS
PO BOX 3080	SILVERDALE	WA	98383	TREASURER	2.50	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	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	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$255,117	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$2,247,900	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,503,017	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$2,503,017	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$37,545	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,465,472	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$123,274	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$123,274	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$521	TaxBasedOnInvestmentIncomeAmt
Total Tax	$521	TotalTaxAmt
Distributable Before Adj	$122,753	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$122,753	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$122,753	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$33,928	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$33,928	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$33,928	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$122,753	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$270,252	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3	$35,636	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$31,358	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$29,401	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$366,647	TotalExcessDistributionCyovAmt
Qualifying Distributions	$33,928	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$33,928	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$88,825	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$88,825	ExcessDistributionCyovAppCYAmt
Total Corpus	$277,822	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	$181,427	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$96,395	ExcessDistriCyovToNextYrAmt
Excess From Year3	$35,636	ExcessFromYear3Amt
Excess From Year2	$31,358	ExcessFromYear2Amt
Excess From Year1	$29,401	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	TIM FLAHERTY	ContributingManagerNm
Contributing Manager	TRACY FLAHERTY	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
SUN VALLEY ADAPTIVE SPORTS - DISABLED SPORTS USA
120 2ND AVENUE SUITE 207	KETCHUM	ID	83340	NONE	501(C)(3)	PUBLIC SUPPORT	$1,500
SUN VALLEY SKI EDUCATION FOUNDATION
PO BOX 203	SUN VALLEY	ID	83353	NONE	501(C)(3)	PUBLIC SUPPORT	$2,000
ST LUKE'S WOOD RIVER
100 HOSPITAL DRIVE	KETCHUM	ID	83340	NONE	501(C)(3)	PUBLIC SUPPORT	$20
PHOENIX COUNTRY DAY SCHOOL
3901 E STANFORD DR	PARADISE VALLEY	AZ	85253	NONE	501(C)(3)	PUBLIC SUPPORT	$2,500
AMERICAN CANCER SOCIETY
250 WILLIAMS STREET NW	ATLANTA	GA	30303	NONE	501(C)(3)	PUBLIC SUPPORT	$300
HIGHER GROUND SUN VALLEY INC
160 7TH STREET W	KETCHUM	ID	83340	NONE	501(C)(3)	PUBLIC SUPPORT	$10,000
JESUIT MISSIONS INC
1016 16TH STREET NW 400	WASHINGTON	DC	20036	NONE	501(C)(3)	PUBLIC SUPPORT	$10,000
TRANSLATIONAL GENOMICS RESEARCH INSTITUTE
445 N FIFTH ST	PHOENIX	AZ	85004	NONE	501(C)(3)	PUBLIC SUPPORT	$300
PHOENIX CHILDREN'S HOSPITAL FOUNDATION
2929 E CAMELBACK RD STE 122	PHOENIX	AZ	85016	NONE	501(C)(3)	PUBLIC SUPPORT	$5,000
THE BOARD OF VISITORS
6245 N 24TH PARKWAY SUITE 110	PHOENIX	AZ	85016	NONE	501(C)(3)	PUBLIC SUPPORT	$350

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$31,970	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$23,371	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$18,517	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$54,775	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (4 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
ORDINARY BUSINESS INCOME FROM PASSTHROUGH	14	$17,723
OTHER INCOME FROM PASSTHROUGH	14	$23,087
ROYALTY INCOME FROM PASSTHROUGH	14	$454
RENTAL LOSS FROM PASSTHROUGH	14	-$212

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$28,165	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$28,165	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$7,832	Amt
Net Investment Income	$5,874	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,958	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
SILVER CREEK MD LEVERED FUND LTD	AT COST	$1,550,042	$1,388,597
SILVER CREEK LOW VOL STRATEGIES II LTD	AT COST	$420,288	$499,230
UBS EKLEKTIKOS INVESTMENT FUND: SEPT 2008	AT COST	$163,559	$151,943
UBS EKLEKTIKOS INVESTMENT FUND: INITIAL	AT COST	$145,800	$163,068
WELLS FARGO ADVISORS #5659	AT COST	$20,000	$39,405
PURE ENERGY	AT COST	$0	$0
BACKJOY	AT COST	$13,871	$13,308
SILVERBACK LEARNINGS	AT COST	$75,900	$75,900

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANKING FEES	$75	$75	$0
LICENSING FEES	$25	$25	$0
INVESTMENT INTEREST	$20,045	$20,045	$0
OTHER DEDUCTIONS	$30,172	$30,172	$0
SECTION 179 FROM PASSTHROUGH	$2	$2	$0
CHARITABLE CONTRIBUTIONS FROM PASSTHROUGH	$68	$68	$0
NONDEDUCTIBLE EXPENSES	$335	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
ORDINARY BUSINESS INCOME FROM PASSTHROUGH	$17,723	$17,723	$17,723
OTHER INCOME FROM PASSTHROUGH	$23,087	$23,087	$23,087
ROYALTY INCOME FROM PASSTHROUGH	$454	$454	$454
RENTAL LOSS FROM PASSTHROUGH	-$212	-$212	-$212

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$512	$512	$0
2012 TAXES	$4,000	$0	$0

FLAHERTY FAMILY FOUNDATION: Form 990PF, tax year 2013

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (4 entries)

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

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