THE EATON FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE EATON FOUNDATION (EIN 87-0517223)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201243209349101514
- Schema version
- 2011v1.2
- 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
- Investments Other Schedule2
- Other Expenses Schedule
- Other Receivables Officers Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-15T12:16:49-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISAN SMITH RACKER & PRESCOTT LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N 400 W STE 400 | AddressLine1 |
| City | SALT LAKE CITY | City |
| State | UT | State |
| ZIP Code | 84103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870517223 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE EATON FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EATO | NameControl |
| Phone | 4356401777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 982108 | AddressLine1 |
| City | PARK CITY | City |
| State | UT | State |
| ZIP Code | 840982108 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK EATON | Name |
| Title | PRESIDENT | Title |
| Phone | 4356401777 | Phone |
| Date Signed | 2012-11-14 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE R WISAN | Name |
| Phone | 8013282011 | Phone |
| Date Prepared | 2012-11-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 6770 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 493 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 493 | InterestOnSavingsNetInvstIncm |
| Total Revenue And Expenses | 493 | TotalRevenueAndExpenses |
| Total Net Investment Income | 493 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 65 | AccountingFeesRevAndExpnss |
| Taxes Rev And Expnss | 10 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 119 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 119 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 194 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 119 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 2440 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 2440 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2634 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 119 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 2440 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -2141 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 374 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | -245 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 5058 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 5058 | SavingsAndTempCashInvstEOYFMV |
| Receivables From Officers BOY | 3718 | ReceivablesFromOfficersBOY |
| Receivables From Officers EOY | 281 | ReceivablesFromOfficersEOY |
| Receivables From Officers EOYFMV | 281 | ReceivablesFromOfficersEOYFMV |
| Investments Other BOY | 41066 | InvestmentsOtherBOY |
| Investments Other EOY | 37059 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 1431 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 44539 | TotalAssetsBOY |
| Total Assets EOY | 42398 | TotalAssetsEOY |
| Total Assets EOYFMV | 6770 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 44539 | RetainedEarningsBOY |
| Retained Earnings EOY | 42398 | RetainedEarningsEOY |
| Total Net Assets BOY | 44539 | TotalNetAssetsBOY |
| Total Net Assets EOY | 42398 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 44539 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 42398 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 44539 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -2141 | ExcessOfRevenueOverExpenses |
| Subtotal | 42398 | Subtotal |
| Total Net Assets Fund Balances EOY | 42398 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 10118 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 9153 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 1.105430 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 54817 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 46299 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 1.183978 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 8776 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 106978 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.082036 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 12998 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 126481 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.102766 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 6003 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 130092 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.046144 | DistributionRatioYear5 |
| Total Distribution Ratio | 2.520354 | TotalDistributionRatio |
| Average Distribution Ratio | 0.504071 | AverageDistributionRatio |
| Net Noncharitable Assets | 3102 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1564 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 1568 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 2440 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 4 | InvestmentIncomeExciseTax |
| Subtotal | 4 | Subtotal |
| Tax Based On Investment Income | 4 | TaxBasedOnInvestmentIncome |
| Tax Due | 4 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | UT | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | THE EATON FOUNDATION | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 4356401777 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 982108 | AddressLine1 |
| City | PARK CITY | City |
| State | UT | State |
| ZIP Code | 840982108 | ZIPCode |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | true | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | true | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | true | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MARK E EATON | ||||||||
| PO BOX 982108 | PARK CITY | UT | 840982108 | PRESIDENT | 1.00 | 0 | 0 | 0 |
| REBECCA EATON | ||||||||
| PO BOX 982108 | PARK CITY | UT | 840982108 | V. PRESIDENT | 1.00 | 0 | 0 | 0 |
| ROBIN M SZUBIELSKI | ||||||||
| 28692 VISTA LADERA | LAGUNA NIGUEL | CA | 92677 | SEC/TREASRER | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1861 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 955 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 333 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3149 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 3149 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 47 | CashDeemedCharitable |
| Net Noncharitable Assets | 3102 | NetNoncharitableAssets |
| Minimum Investment Return | 155 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 155 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 4 | TaxBasedOnInvestmentIncome |
| Total Tax | 4 | TotalTax |
| Distributable Amount Before Adj | 151 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 151 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 151 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 2440 | ExpensesAndContributions |
| Qualifying Distributions | 2440 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 4 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 2436 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 151 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year4 | 6798 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 3495 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 52502 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 9660 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 72455 | TotalExcessDistriCarryover |
| Qualifying Distributions | 2440 | QualifyingDistributions |
| Applied To Current Year | 151 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 2289 | RemainingDistriFromCorpus |
| Total Corpus | 74744 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 74744 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 6798 | ExcessFromYear4 |
| Excess From Year3 | 3495 | ExcessFromYear3 |
| Excess From Year2 | 52502 | ExcessFromYear2 |
| Excess From Year1 | 9660 | ExcessFromYear1 |
| Excess From Current Year | 2289 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|
| NATIONAL WILD TURKEY FD | |||||
| PO BOX 530 | EDGEFIELD | SC | 298240530 | SUPPORT EDUCATIONAL PROGRAMS | $590 |
| RED BUTTE GARDEN | |||||
| 300 WAKARA WAY | SALT LAKE CITY | UT | 84108 | SUPPORT BOTANICAL PROGRAMS | $1,500 |
| PARK CITY MUSEUM | |||||
| PO BOX 555 | PARK CITY | UT | 84060 | SUPPORT MUESUM PROGRAMS | $100 |
| UTAH SHERIFF ASSOCIATION | |||||
| PO BOX 797 | EAST CARBON | UT | 84520 | SUPPORT PUBLIC SERVICE PROGRAMS | $50 |
| THE REGENTS OF UNIVERSITY OF CA | |||||
| 1111 FRANKLIN ST 12 FLOOR | OAKLAND | CA | 94607 | SUPPORT EDUCATIONAL PROGRAMS | $100 |
| HABITAT FOR HUMAINTY | |||||
| 2301 ROMIG ROAD | AKRON | OH | 44320 | SUPPORT HOUSING PROGRAMS | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 2440 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $493 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $493 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 493 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | Category |
| Amount | $65 | Amount |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| MARK E EATON |
| REBECCA EATON |
| ROBIN M SZUBIELSKI |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | AGL ANNUITY CONTRACT | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 37059 | BookValue |
| EOYFMV | 1431 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| BANK & INVESTMENT FEES | 119 | 119 |
Other Receivables Officers Sch OtherReceivablesOfficersSch
Other Receivables Officer OtherReceivablesOfficer (4 entries)
| Borrowers NameBorrowersName | Borrowers TitleBorrowersTitle | Original Amount Of LoanOriginalAmountOfLoan | Date Of NoteDateOfNote | Maturity DateMaturityDate | Repayment TermsRepaymentTerms | Interest RateInterestRate | Purpose Of LoanPurposeOfLoan | Balance DueBalanceDue | Consideration FmvConsiderationFmv |
|---|---|---|---|---|---|---|---|---|---|
| MARK EATON | FOUNDER | 1320 | 2009-01 | 2011-11 | ON DEMAND | 0.0600 | ADMINISTRATIVE ERRORS | ||
| MARK EATON | FOUNDER | 2000 | 2010-04 | 2011-11 | ON DEMAND | 0.0600 | ADMINISTRATIVE ERRORS | ||
| MARK EATON | FOUNDER | 173 | 2011-11 | ON DEMAND | 0.0600 | ADMINISTRATIVE ERRORS | |||
| MARK EATON | FOUNDER | 281 | 2011-09 | 2012-11 | ON DEMAND | 0.0600 | ADMINISTRATIVE ERRORS | 281 | 281 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LICENSES | Category |
| Amount | $10 | Amount |
Comments