2014-11-14T16:51:59-08:00 2013-12-31 990PF 2013-01-01 456794415 James Lee Sorenson Family Foundation JAME 8014901000 299 S Main Street Salt Lake City UT 84111 Paul Ludlow CFO 2014-11-14 2013 2015-12-30 17:16:21Z X 47210114 X X 5125 5125 940333 940333 192527 8002624 1455399 29162 1137985 2430019 20333 204043 204043 36244 1244 15294 209 276123 205287 0 510610 510610 786733 205287 510610 351252 2224732 325 2630 2630 6455610 2629568 2629568 1484003 1017586 1017586 14210625 19402306 19402306 3693194 3515182 3515182 14007135 19184095 19184095 1893588 1458747 1458747 41744480 47210114 47210114 0 X 41744480 47210114 41744480 47210114 41744480 47210114 41744480 351252 5114382 47210114 47210114 1455399 false 12804 1359626 0.00942 0.00942 0.00942 43128151 406138 22247 428385 1388702 X 22247 22247 22247 67250 67250 45003 45003 false false false false false false false false true true UT true false false false false true N/A Paul Ludlow 8014901013 299 S Main Street Suite 2200 Salt Lake City UT 84111 false false false false true false false false false false false true false false false false false false false false false false false false false false James Lee Sorenson 299 S Main Street Suite 2200 Salt Lake City UT 84111 Trustee 5.00 0 NONE Merrill Lynch Wealth Management 101 California Street Ste 2100 San Francisco CA 94111 Investment advice 204043 NY Social Impact Bond: To lessen the burdens of government by reducing recidivism and increasing employment of formerly incarcertated individuals. 253092 Impact Assets Loan: Identifies early stage social purpose ventures that address poverty alleviation and environmental sustainability. 250000 375000 878092 38133711 5070559 580655 43784925 0 43784925 656774 43128151 2156408 2156408 22247 22247 2134161 2134161 2134161 510610 878092 1388702 22247 1366455 2134161 1346822 1388702 1346822 0 41880 2092281 James Lee Sorenson X Cause For Hope Foundation 10421 S Jordan Gateway 660 South Jordan UT 84095 Public Orphanage support 10610 The Church of Jesus Christ of LDS 50 E North Temple Salt Lake City UT 84150 Public General support 500000 510610 14 5125 14 940333 18 192527 1137985 1137985 false false false false false false false false false false Accounting & tax fees 20333 0 0 0 Worldhaus: Addresses affordable housing in undeveloped countries. 250000 Liberty & Justice: Increasing employment opportunities and access to education and healthcare in developing countries. 125000 Merrill Lynch Wealth Management The foundation paid fees to Merrill Lynch for investment advisory services. The fees were determined at arms length and represent fair market value for the services rendered. General Explanation Supplemental Information for Form 990-PF Part I, Line 11 column (b)Explanation: Investment income from K-1 passthrough Comcast Corp 293893 293893 Wachovia Corp 294260 294260 General Electric 347324 347324 AT&T Inc 285691 285691 Boeing Co 298879 298879 JPMorgan Chase & Co 298038 298038 Newmont Mining Corp 314971 314971 Goldman Sachs Group 287312 287312 Kinder Morgan Energy Partners 279681 279681 Waste Management Inc 270166 270166 Hewlett-Packard Co 309756 309756 Watson Pharmaceuticals 235211 235211 Advent Software Inc 47604 47604 Albemarle Corp 91724 91724 Alexander & Baldwin Inc 59256 59256 Alleghany Corp 19997 19997 American Eagle Outfitters 24955 24955 Atwood Oceanics Inc 84249 84249 Cabelas Inc 128854 128854 Columbia Sportswear Co 51581 51581 Corrections Corp of America 77609 77609 Eaton Vance Corp 110313 110313 Energizer Holdings Inc 24246 24246 First India Realty Trust Inc 66258 66258 Hatteras Financial Corp 18579 18579 Kaman Corp 31069 31069 Kraton Performance Polymers Martin Marietta Materials 30981 30981 Matson Inc 41489 41489 MBIA Inc 56249 56249 Micrel Inc 22385 22385 Montpelier RE Holdings 45949 45949 Newmarket Corp 120294 120294 Nu Skin Enterprises 108226 108226 Old Dominion Freight Lines 124650 124650 Pricesmart Inc 111612 111612 Ritchie Brothers Auctioneers 25521 25521 Service Corp Intl 87894 87894 Sturm Ruger & Co 72213 72213 Tejon Ranch Co 46612 46612 Tenet Healthcare Corp 75353 75353 Tredegar Corp Virginia 54422 54422 Valueclick Inc 34938 34938 White Mtns Insurance Group 52468 52468 World Fuel Services Corp 30644 30644 Allergan Inc Amazon.com Inc 109667 109667 American Tower Reit Inc 38553 38553 Apple Inc 76299 76299 Biogen Idec Inc 63183 63183 Blackrock Inc 50319 50319 Borg Warner Inc 39584 39584 Cabot Oil & Gas Corp CBS Corp 42706 42706 Celgene Corp 91750 91750 Cerner Corp 33500 33500 Coach Inc Concho Resources Inc Costco Wholesale Corp 28922 28922 Covidien PLC CVS Caremark Corp 35356 35356 Danaher Corp 82064 82064 Dollar General Corp 48678 48678 EMC Corporation Mass Ebay Inc 44880 44880 Ecolab Inc 32115 32115 Edwards Lifesciences Corp Express Scripts Holding Co Facebook Inc 51589 51589 Flour Corp FMC Techs Inc Franklin Res Inc Gilead Sciences Inc 63910 63910 Glaxosmithkline PLC Google Inc 127761 127761 HCA Holdings Home Depot Inc Intl Business Machines Intuit Inc Intuitive Surgical Inc Las Vegas Sands Corp Lauder Estee Cosmetics Inc 31785 31785 Lenmar Corp Mastercard Inc 50963 50963 MCGraw Hill Companies Michael Kors Holdings LTD Monsanto Co 89977 89977 Precision Castparts 54129 54129 Priceline.com Inc 106941 106941 Qualcomm Inc 40169 40169 Ralph Lauren Corp 29840 29840 Range Resources Corp 30689 30689 Ross Stores Inc 31770 31770 Salesforce.com Inc 77763 77763 SBA Communcations Corp 33420 33420 Sirius XM Radio Inc Starbucks Corp 74471 74471 Teradata Corp Ulta Salon Cosmetics 24227 24227 Union Pacific Corp 106008 106008 United Technology Corp 39147 39147 Unitedhealth Group Inc Visa Inc 115571 115571 VMWare Inc W W Grainger Inc Wells Fargo & Co Williams Companies Yum Brands Inc Altera Corp 83716 83716 AON PLC 312490 312490 Apache Corp Berkshire Hathaway Inc 352716 352716 Coca Cola 190026 190026 Comcast Corp 209496 209496 Ecolab Inc 218967 218967 Fidelity National Info Svcs 115412 115412 Goldman Sachs Group Inc 141808 141808 Google Inc 184917 184917 Liberty Global Inc A 26700 26700 Liberty Global Inc C 202368 202368 Loews Corp 150750 150750 Mcdonalds Corp Microsoft Corp 284316 284316 Mondelez International 150025 150025 Morgan Stanley 213248 213248 Nestle SA 128783 128783 News Corp 22525 22525 News Corp B 2675 2675 Noble Energy Inc 252007 252007 Oracle Corp 388339 388339 Pepsico Inc 136851 136851 Praxair Inc 152785 152785 Thermo Fisher Scientific 130836 130836 Unitedhealth Group Inc 195780 195780 W R Berkley Corp 101967 101967 Wal-Mart Stores Inc 180987 180987 3M Company 73631 73631 Aegon NV 1550 1550 Montpelier RE Holdings 43965 43965 Morgan Stanley Cap VIII 27274 27274 Albemarle Corp 185859 185859 Altria Group 193025 193025 Berkshire Hathaway Inc Blackrock Inc 164248 164248 Bristol-Myers Squibb 236305 236305 Chevron Corp 134778 134778 Cinn Fincial Corp 146165 146165 Cisco Systems Inc 116232 116232 Coca Cola 110752 110752 ConocoPhillips 151898 151898 Dominion Res Inc 136819 136819 Duke Energy Corp 82812 82812 Federated Investors B 168451 168451 General Dynamics Corp 175621 175621 Hasbro Inc 208488 208488 Hatteras Financial Corp 60965 60965 Hershey Company Intel Corp 170498 170498 Intl Business Machines 88533 88533 Johnson And Johnson 73180 73180 Kinder Morgan Managment 157751 157751 Lorillard Inc 198362 198362 Lowe's Companies Inc 181452 181452 Meadwestvaco Corp 101705 101705 Microsoft Corp 99398 99398 Newmarket Corp 155046 155046 Paychex Inc 140460 140460 Pfizer Inc 184393 184393 Philip Morris Intl Inc 81292 81292 Reynolds American Inc 97181 97181 Verizon Communications 104423 104423 Wal-Mart Stores Inc Wells Fargo & Co 213108 213108 Ansys Inc 70458 70458 Accenture PLC 162138 162138 Affiliated Managers Group 211675 211675 EMC Corporation 231455 231455 Expeditors Intl Wash Inc Express Scripts Holding Co Hospira Inc 243511 243511 Mastercard Inc 103597 103597 Qualcomm Inc Roberthalf Intl Inc 221371 221371 Scripps Networks 193472 193472 Stanley Black & Decker 295245 295245 Starwood Hotels 325268 325268 Suncor Energy Inc Waters Corp 158500 158500 Wynn Resorts Ltd 243345 243345 BB&T Corporation Capital One Financial Coresite Realty Corp 56500 56500 First Republic Bank JP Morgan Chase & Co Maiden Holdings LTD Protective Life Corp State Street Corp Suntrust Banks Inc Wells Fargo & Co 128600 128600 Alliant Techsystems Inc 56460 56460 Deckers Outdoors Corp 92990 92990 Temper Sealy Intl Inc 84555 84555 Tejon Ranch WT 1032 1032 Alexion Pharms Inc 37872 37872 American Express Company 37290 37290 Amgen Inc 56013 56013 Applied Material Inc 26821 26821 Arm Holdings PLC 40665 40665 Baidu Inc 36999 36999 Brystol-Myers Squibb Co 25406 25406 Catamaran Corp 22972 22972 Chipotle Mexican Grill 19180 19180 Cognizant Tech Solutions 36151 36151 Delta Air Lines Inc 18130 18130 Walt Disney Co 34609 34609 Hilton Worldwide Holdings 23007 23007 JPMorgan Chase & Co 29006 29006 Kansas City Southern 15107 15107 Liberty Global PLC 36935 36935 LinkedIn Corp 21683 21683 Lowe's Companies Inc 35775 35775 McKesson Corporation 20336 20336 Morgan Stanley 43026 43026 Nike Inc 43567 43567 Noble Energy Inc 34123 34123 NXP Semiconductors NV 26134 26134 Schlumberger LTD 40550 40550 Charles Schwab Corp 21190 21190 Servicenow Inc 15123 15123 Twenty-First Century Fox Inc 57608 57608 Whole Foods Mkt Inc 8328 8328 Workday Inc 3160 3160 Wynn Resorts LTD 30491 30491 Zoetis Inc 37038 37038 Anadarko Petroleum Corp 55524 55524 Constellation Brands Inc 133722 133722 Dish Network Corporation 133216 133216 Twenty-First Century Fox A 175850 175850 Twenty-First Century Fox B 20760 20760 Winthrop Realty 9960 9960 Carnival Corp 158993 158993 Corning Inc 161324 161324 Corrections Corp of America 124079 124079 Ametek Inc 278045 278045 Aon PLC 175666 175666 T Rowe Price Group 120713 120713 Towers Watson & Co 78353 78353 Trimble Nav LTD 210525 210525 Twenty-First Century Fox Inc 183025 183025 Wabtec 213749 213749 Allstate Corp 64125 64125 Citigroup Inc 7.125 129700 129700 Citigroup Inc 6.875 63350 63350 Morgan Stanley 125150 125150 1017586 1017586 Eaton Vance Capital SMID Cap Fund FMV 2344956 2344956 IVA Worldwide Fund FMV 2518983 2518983 First Eagle Global FMV 2526819 2526819 Matthews Asian Growth and Income Fund FMV 588994 588994 Matthews Pacific Tiger FMV 579053 579053 Oppenheimer Developing Markets FMV 1147012 1147012 PIMCO Fixed Income Shares C F FMV PIMCO Fixed Income Shares M F FMV Templeton Global Bond Fund FMV 1651834 1651834 Ridgeworth High Income Fund FMV 437389 437389 Eaton Vance Floating Rate Fund FMV 416469 416469 First Eagle Gold Fund FMV PIMCO Commodity Real Return FMV 654138 654138 iShares Russell 1000 FMV 576204 576204 CSP III Distressed Opp Fund FMV 201810 201810 iShares MSCI EAFE FMV 403912 403912 PIMCO All Asset Fund FMV 191783 191783 Vanguard REIT ETF FMV 163337 163337 PIMCO Total Return Fund FMV 254326 254326 Sirios Access LTD FMV 225000 225000 iShares Gold FMV 181040 181040 Czech II Senior Loan Trust FMV 126956 126956 Ascend Access LTD FMV 608970 608970 Brevan Howard Multi-Strategy FMV 813695 813695 Carlson Double Black Diamond FMV 834834 834834 OZOFII Access LTD FMV 1323158 1323158 ML Winton Futures Access FMV 363423 363423 SLP IV Technology Fund FMV 50000 50000 Mediconnect escrow 1890750 580655 580655 Program related investements 878092 878092 Bank charges 201 Postage 8 Investment advisory fees 204043 204043 0 0 Federal taxes 35000 Foreign taxes 1244 1244