THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE LYNN AND FOSTER FRIESS FAMILY FOUNDATION (EIN 51-0260302)
- Tax period
- 2023-05-01 to 2024-04-30
- Filed
- 2025-02-28
- IRS object ID
- 202520599349100612
- Schema version
- 2023v6.0
- 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
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-28T12:57:12-05:00 | ReturnTs |
| Tax Period End | 2024-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461336065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SORENSEN & FLANAGAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 1845 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510260302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN & FOSTER FRIESS FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LYNN | BusinessNameControlTxt |
| Phone | 3077339587 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNNETTE E FRIESS | PersonNm |
| Person Title | PRESIDENT/DIRECTOR | PersonTitleTxt |
| Phone | 3077333938 | PhoneNum |
| Signature | 2025-02-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES T SORENSEN CPA | PreparerPersonNm |
| PTIN | P00053706 | PTIN |
| Phone | 3077333938 | PhoneNum |
| Preparation | 2025-02-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $125,647,658 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $102,114 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $102,114 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,126,648 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,126,648 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $129,490 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,315,147 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $129,490 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,358,252 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,358,252 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $40,333 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $614 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $3,000 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $45,832 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $3,369 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $394,075 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $301,025 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $67,302 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $487,223 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $301,025 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $70,302 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,500,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,500,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,987,223 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $301,025 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,570,302 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,628,971 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,057,227 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $10,339,174 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $27,425,787 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $27,425,787 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $108,275,119 | CorporateStockBOYAmt |
| Corporate Stock EOY | $98,218,558 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $98,218,558 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $45,808 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,313 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,313 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $118,660,101 | TotalAssetsBOYAmt |
| Total Assets EOY | $125,647,658 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $125,647,658 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $40,796 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $34,009 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $968 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $977 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $41,764 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $34,986 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $118,618,337 | RetainedEarningBOYAmt |
| Retained Earning EOY | $125,612,672 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $118,618,337 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $125,612,672 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $118,660,101 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $125,647,658 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $118,618,337 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,628,971 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,623,306 | OtherIncreasesAmt |
| Subtotal | $125,612,672 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $125,612,672 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| TEXTAINER GROUP HOLDINGS LTD | P | 2021-02-24 | 2024-03-14 | $1,550,550 | $867,296 | $683,254 | $683,254 |
| MORGAN STANLEY 4082 | P | $5,535,927 | $5,593,673 | -$57,746 | -$57,746 | ||
| JP MORGAN 4003 | P | $10,203,943 | $10,724,688 | -$520,745 | -$520,745 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $129,490 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $42,495 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $42,495 | SubtotalAmt |
| Tax Based On Investment Income | $42,495 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $45,808 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $45,808 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $3,313 | OverpaymentAmt |
| Applied To ES Tax | $3,313 | AppliedToESTaxAmt |
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 |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KRISTIN WOODWARD | IndividualWithBooksNm |
| Phone | 3077339578 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
| 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| LYNNETTE E FRIESS | ||||||||
| PO BOX 9790 | JACKSON | WY | 83002 | PRESIDENT/DI | 5.00 | $0 | $0 | $0 |
| STEPHEN FRIESS | ||||||||
| PO BOX 11655 | JACKSON | WY | 83002 | SECRETARY/DI | 10.00 | $40,333 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| 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 | $92,546,109 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,824,354 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $45,808 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $120,416,271 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $120,416,271 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,806,244 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $118,610,027 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,930,501 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,930,501 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $42,495 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $42,495 | TotalTaxAmt |
| Distributable Before Adj | $5,888,006 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,888,006 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,888,006 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,570,302 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $7,570,302 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,888,006 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,874,759 | UndistributedIncomePYAmt |
| Qualifying Distributions | $7,570,302 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,874,759 | AppliedToYear1Amt |
| Applied To Current Year | $2,695,543 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,192,463 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LYNETTE FRIESS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9790 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3077399699 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN APPLICATION DESCRIBING NEED, INTENDED USE OF FUNDS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL CHRISTIAN FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11625 RAINWATER DRIVE | AddressLine1Txt |
| Address Line2 | STE 500 | AddressLine2Txt |
| City | ALPHARATTE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $7,500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,500,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $102,114 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,126,648 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $129,490 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,358,252 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,358,252 | 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 | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SORENSEN & SORENSEN, LLC | ||
| -PREPARATION OF FOUNDATION RETUR | $3,000 | $3,000 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NO FILING REQUIREMENT IN WYOMING. NO ACTIVITY REQUIRING DE FILING. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY | $19,340,945 | $19,340,945 |
| JP MORGAN | $78,877,613 | $78,877,613 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $614 | LegalFeesAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID INCOME TAXES | Desc |
| BOY Book Value | $45,808 | BOYBookValueAmt |
| EOY Book Value | $3,313 | EOYBookValueAmt |
| EOYFMV | $3,313 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| ADMINISTRATION AND BOOKKEEPIN | $51,436 | $25,718 | |
| BANK CHARGES | $34 | $34 | |
| OFFICE/TELEPHONE/POST/INTERNE | $30 | ||
| STAFFING EXPENSE | $67,302 | $67,302 | |
| INVESTMENT ADVISOR FEES | $267,452 | $267,452 | |
| FOREIGN TAXES | $7,821 | $7,821 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS & LOSSES | Desc |
| Amt | $11,623,306 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES PAYABLE | Desc |
| BOY Book Value | $968 | BOYBookValueAmt |
| EOY Book Value | $977 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| PAYROLL TAXES | $3,337 |
| EXCISE TAX ON INV INCOME | $42,495 |
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