CUMMING FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CUMMING FOUNDATION (EIN 87-0440091)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-03-21
- IRS object ID
- 202530809349100723
- 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
- Schedule B
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-21T14:57:20+00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870440091 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cumming Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CUMM | BusinessNameControlTxt |
| Phone | 3077340708 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4902 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATHY HANDLEY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3077340708 | PhoneNum |
| Signature | 2025-03-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Katherine Kurtzman | PreparerPersonNm |
| PTIN | P01236691 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2025-03-21 | 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) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $225,019,806 | 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 | $121,560,152 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,812 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,812 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $262,006 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $262,006 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $198,797 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $580,117 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $189,104 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$209,018 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,084,511 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $121,817,749 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,541,433 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $160,290 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $170,186 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,058 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $17,800 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,084 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,084 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $519,522 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $253,397 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $266,125 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $839,635 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $780,647 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $58,988 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,961 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,961 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $5,192 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,192 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,343 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $26,343 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,569,085 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,037,005 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $546,718 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $524,857 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $524,857 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,093,942 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,037,005 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,071,575 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $119,723,807 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $504,428 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,515,186 | CashBOYAmt |
| Cash EOY | $814,356 | CashEOYAmt |
| Cash EOYFMV | $814,359 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $482,429 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,612,579 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,612,579 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $0 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $14,638 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $14,638 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,207,760 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,275,699 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,239,065 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,430,720 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,538,952 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,355,321 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $56,666,087 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $172,533,344 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $190,472,337 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $21,500,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $25,366,525 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $25,511,507 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $86,802,182 | TotalAssetsBOYAmt |
| Total Assets EOY | $207,156,093 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $225,019,806 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $185,930 | CapitalStockBOYAmt |
| Capital Stock EOY | $185,930 | CapitalStockEOYAmt |
| Retained Earning BOY | $86,616,252 | RetainedEarningBOYAmt |
| Retained Earning EOY | $206,970,163 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $86,802,182 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $207,156,093 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $86,802,182 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $207,156,093 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $86,802,182 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $119,723,807 | ExcessRevenueOverExpensesAmt |
| Other Increases | $630,104 | OtherIncreasesAmt |
| Subtotal | $207,156,093 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $207,156,093 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $355,531 | $365,752 | -$10,221 | $0 | -$10,221 | |
| ARK GLOBAL EMERGING COMPANIES, LP | $19,327 | -$19,327 | $0 | -$19,327 | P | |
| CENTERBRIDGE CAPITAL PARTNERS STRATEGIC, L.P. | $3,985 | -$3,985 | $0 | -$3,985 | P | |
| KEYSTONE PRIVATE MARKET OPPORTUNITIES IX (Q), L.P. | $128 | $128 | $0 | $128 | P | |
| RA CAPITAL HEALTHCARE FUND, LP | $221,455 | $221,455 | $0 | $221,455 | P | |
| RCG KENNEDY HOUSE, LLC | $3,003 | $3,003 | $0 | $3,003 | P | |
| CENTERBRIDGE CAPITAL PARTNERS STRATEGIC AIV I, L.P. loss on disposition | $1,949 | -$1,949 | $0 | -$1,949 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $189,104 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,012 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,012 | SubtotalAmt |
| Tax Based On Investment Income | $7,012 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,678 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $49,678 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $42,666 | OverpaymentAmt |
| Applied To ES Tax | $42,666 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | UT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CATHY HANDLEY | IndividualWithBooksNm |
| Phone | 3077340708 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 S REDMOND ST | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | 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 | Yes (true) | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| Annette P Cumming | ||||||||
| PO BOX 4902 | JACKSON | WY | 83001 | VP, TRUSTEE, AND EXECUTIVE DIRECTOR | 0.200 | $0 | $0 | $0 |
| Cathy Handley | ||||||||
| PO BOX 4902 | JACKSON | WY | 83001 | Treasurer | 1.000 | $0 | $0 | $0 |
| DAVID E CUMMING | ||||||||
| PO BOX 4902 | JACKSON | WY | 83001 | TRUSTEE AND PRESIDENT | 17.200 | $160,290 | $0 | $0 |
| JESSICA GRANT | ||||||||
| PO BOX 4902 | JACKSON | WY | 83001 | SECRETARY | 1.000 | $0 | $0 | $0 |
| JOHN D CUMMING | ||||||||
| PO BOX 4902 | JACKSON | WY | 83001 | TRUSTEE | 1.000 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Cumming Management Company LLC | |||||
| PO Box 4902 | Jackson | WY | 83001 | Accounting Services and Investment Management | $1,224,016 |
| ERNST & YOUNG US LLP | |||||
| 155 N WACKER DRIVE | CHICAGO | IL | 60606 | Accounting Services | $63,643 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | JACKSON STREET APARTMENTS LLC - INVESTMENT IN AFFORDABLE HOUSING PROJECT WHICH FURTHER ACCOMPLISHES THE CUMMING FOUNDATION'S CHARITABLE PURPOSES. THE PROJECT WILL DEVELOP AND MANAGE LOW-INCOME PUBLIC HOUSING IN TETON COUNTY, WYOMING. PERSONS OF LOW INCOME ARE DEFINED AS MEANING PERSONS OR FAMILIES WHO AS DETERMINED BY THE PUBLIC BODY UNDERTAKING A PROJECT, CANNOT AFFORD TO PAY THE AMOUNTS AT WHICH PRIVATE ENTERPRISE, UNAIDED BY PUBLIC SUBSIDY, IS PROVIDING DECENT, SAFE, AND SANITARY HOUSING | Description1Txt |
| Expenses1 | $3,000,000 | Expenses1Amt |
| Description2 | GenBioPro, Inc. - investment to increase the availability of low-cost medical care | Description2Txt |
| Expenses2 | $1,000,000 | Expenses2Amt |
| Total | $4,000,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,259,957 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,374,429 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $128,924,591 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $138,558,977 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $138,558,977 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,078,385 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $136,480,592 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,824,030 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,824,030 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,012 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $958,252 | IncomeTaxAmt |
| Total Tax | $965,264 | TotalTaxAmt |
| Distributable Before Adj | $5,858,766 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,858,766 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,858,766 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,071,575 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $4,000,000 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $5,071,575 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,858,766 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $197,524 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $783,212 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,091,239 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $25,735,954 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $27,807,929 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,071,575 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,071,575 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $787,191 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $787,191 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $27,020,738 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $27,020,738 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $193,545 | ExcessFromYear4Amt |
| Excess From Year3 | $1,091,239 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $25,735,954 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID E CUMMING PRESIDENT | ContributingManagerNm |
| Contributing Manager | JOHN D CUMMING TRUSTEE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| University of Utah | ||||||
| 332 South 1400 East Ste 160 | Salt Lake City | UT | 84112 | PC | GENERAL OPERATING SUPPORT | $52,028 |
| Myelin Repair Foundation | ||||||
| 20111 Edinburgh Drive | Saratoga | CA | 95070 | PC | GENERAL OPERATING SUPPORT | $250,000 |
| TNC of Utah | ||||||
| 559 East South Temple | Salt Lake City | UT | 84102 | PC | GENERAL OPERATING SUPPORT | $2,829 |
| East Hampton Village Foundation | ||||||
| 86 Main Street | East Hampton | NY | 11937 | PC | GENERAL OPERATING SUPPORT | $50,000 |
| National Portrait Gallery | ||||||
| 750 9th St NW suite 410 | Washington | DC | 20001 | PC | DESCRIPTION OF CONTRIBUTED PROPERTY - ARTWORK BOOK VALUE - $170,000 METHOD USED TO DETERMINE BOOK VALUE - FMV AT TIME OF DONATION METHOD USED TO DETERMINE THE FMV - APPRAISAL THE DATE OF THE GIFT - 11/30/2023 | $170,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $524,857 | 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 | $5,812 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $262,006 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $7,744 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $191,053 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| NET INCOME FROM PARTNERSHIP INVESTMENTS | 901101 | $4,189,429 | 1 | $1,094,552 |
| BOOK - TAX DIFFERENCES FROM PARTNERSHIP INVESTMENTS | 1 | -$5,492,999 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $4,197,173 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$3,939,576 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $257,597 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (9 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| IAN M CUMMING CLAT | |||||||
| 1 | PO BOX 4902 | JACKSON | WY | 83001 | $54,803,894 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 2 | PO BOX 4902 | JACKSON | WY | 83001 | $6,164,252 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 3 | PO BOX 4902 | JACKSON | WY | 83001 | $5,824,475 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 4 | PO BOX 4902 | JACKSON | WY | 83001 | $1,465,275 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 5 | PO BOX 4902 | JACKSON | WY | 83001 | $2,353,975 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 6 | PO BOX 4902 | JACKSON | WY | 83001 | $32,552,747 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 7 | PO BOX 4902 | JACKSON | WY | 83001 | $45,907 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 8 | PO BOX 4902 | JACKSON | WY | 83001 | $170,000 | Yes (X) | Yes (X) |
| IAN M CUMMING CLAT | |||||||
| 9 | PO BOX 4902 | JACKSON | WY | 83001 | $18,179,627 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (9 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | Interest in partnership investments | $54,803,894 | 2023-01-01 |
| 2 | Interest in partnership investments | $6,164,252 | 2023-03-31 |
| 3 | Interest in partnership investments | $5,824,475 | 2023-06-30 |
| 4 | Interest in commodities | $1,465,275 | 2023-07-14 |
| 5 | Interest in various securities | $2,353,975 | 2023-08-31 |
| 6 | Interest in partnership investments | $32,552,747 | 2023-09-30 |
| 7 | Interest in various securities | $45,907 | 2023-10-12 |
| 8 | Artwork | $170,000 | 2023-11-30 |
| 9 | Interest in partnership investments | $18,179,627 | 2023-12-31 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING SERVICES | $455,879 | $227,940 | $227,940 |
| TAX PREPARATION FEES | $63,643 | $25,457 | $38,185 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | CAPITAL GAIN OR (LOSS) PER BOOKS | AssetDesc |
| Gross Sales Price | $580,117 | GrossSalesPriceAmt |
| Basis | $381,320 | BasisAmt |
| Total Net | $198,797 | TotalNetAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| NON-CASH GRANT PAID | Form 990-PF, Part I, Line 25 | Date: 11/30/2023 Recipient: National Portrait Gallery Basis: 170,000 FMV: 170,000 |
| AMENDED RETURN | GENERAL EXPLANATION | Cumming Foundation is amending its 2023 Form 990-PF to reflect its 2023 capital investment in Jackson Street Apartments LLC, a program-related investment, on Part VIII-B and Part XI, Line 1b. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Lord Abbett (LOLDX) | BondNm |
| EOY Book Value | $2,538,952 | EOYBookValueAmt |
| EOYFMV | $2,355,321 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (36 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Crimson Wine Group Stock | $53,881 | $162,167 |
| Agnico Eagle Mines Ltd | $125,483 | $147,383 |
| Evolution Mining | $126,108 | $106,609 |
| Newcrest Mining | $0 | $0 |
| Regis Resources | $125,379 | $69,781 |
| Agnico Eagle Mines | $129,717 | $97,633 |
| Newmont Corp | $129,689 | $79,055 |
| Barrick Gold Corp | $130,221 | $81,700 |
| Kinross Gold Corp | $129,770 | $90,929 |
| Franco-Nevada Corp | $128,751 | $89,602 |
| Newmont Corp-CDI | $105,868 | $112,609 |
| ABBVIE INC COM | $115,217 | $121,496 |
| AECOM | $64,233 | $67,659 |
| AMERICAN INTL GROUP INC COM NEW | $59,164 | $68,495 |
| AMPHENOL CORP NEW CL A | $105,349 | $118,163 |
| ASHLAND INC | $101,704 | $98,980 |
| BERRY GLOBAL GROUP INC | $84,811 | $87,472 |
| CHEVRON CORP | $127,331 | $119,626 |
| DARLING INTL INC | $70,715 | $57,067 |
| FREEPORT-MCMORAN INC | $73,594 | $78,499 |
| GENERAC HLDGS INC | $35,049 | $38,126 |
| INTEL CORP | $50,391 | $72,059 |
| INTUITIVE SURGICAL INC | $106,311 | $114,702 |
| KBR INC | $101,754 | $91,648 |
| LENNAR CORP CL A | $44,897 | $56,188 |
| MEDTRONIC PLC | $126,977 | $128,348 |
| MERCADOLIBRE INC | $63,129 | $72,291 |
| MGMRESORTS INTL | $55,371 | $56,252 |
| NEXTERA ENERGY INC COM | $64,996 | $59,100 |
| NORTHROP GRUMMAN CORP | $103,942 | $112,354 |
| PAYPAL HOLDINGS INC | $170,340 | $167,342 |
| PNC FINANCIAL SERVICES GROUP | $77,968 | $98,949 |
| QUANTA SERVICES INC | $52,467 | $53,950 |
| RYMAN HOSPITALITY PPTYS INC COM | $33,332 | $43,144 |
| SAFEHOLD INC | $94,930 | $104,387 |
| WALT DISNEY CO (HOLDING CO) DISNEY COM | $106,860 | $115,300 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Keystone Private Market Opportunities IX (Q), LP | AT COST | $2,150,576 | $2,236,000 |
| JZ Equity Partners PLC | AT COST | $478,347 | $69,272 |
| RCG Kennedy House LLC | AT COST | $6,568 | $10,053 |
| RA Capital Biotech Fund LP | AT COST | $24,234,211 | $27,106,329 |
| Centerbridge Capital Partners | AT COST | $37,664 | $30,104 |
| Glade LLC | AT COST | $41,995,899 | $42,908,504 |
| Ark Global Emerging Companies LP | AT COST | $948,674 | $1,110,574 |
| Cedar Street Teton Fund LP | AT COST | $1,635,134 | $1,773,674 |
| Cynosure Partners 2020 LP | AT COST | $5,824,475 | $6,609,415 |
| Coffee Berry Holdings LLC | AT COST | $32,552,747 | $35,759,685 |
| DJD Kroll LLC | AT COST | $3,261,758 | $5,016,375 |
| MTI Holdings LLC | AT COST | $28,537,543 | $35,691,691 |
| Red Rock Ranch Development LLC | AT COST | $23,004,593 | $24,191,756 |
| SL Tower LLC | AT COST | $6,164,252 | $6,164,252 |
| Stock Options | AT COST | $235,628 | $235,853 |
| JP Morgan Gold | AT COST | $1,465,275 | $1,558,800 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL SERVICES | CategoryTxt |
| Legal Fees | $2,084 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,084 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Jackson Street Apartments LLC (PRI) | $21,500,000 | $24,366,525 | $24,500,000 |
| GenBioPro, Inc. (PRI) | $0 | $1,000,000 | $1,011,507 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DUES AND MEMBERSHIPS | $26,168 | $26,168 |
| BANK FEES | $135 | $135 |
| FILING FEES | $40 | $40 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NET INCOME FROM PARTNERSHIP INVESTMENTS | $5,283,981 | $1,084,511 |
| Book - Tax Differences from Partnership investments | -$5,492,999 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD PARTNERSHIP TRUE-UP PER BOOKS | Desc |
| Amt | $630,104 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $768,137 | $768,137 | |
| CONSULTING FEES | $57,713 | $57,713 | |
| PAYROLL FEES | $1,275 | $1,275 | |
| ASSET MANAGEMENT FEES | $12,510 | $12,510 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $2,961 | Amt |
| Net Investment Income | $2,961 | NetInvestmentIncomeAmt |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLADE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4902 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 83001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 844699816 | EIN |
| Desc | DISTRIBUTION | Desc |
| Amt | $3,039,494 | Amt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| COFFEE BERRY HOLDINGS LLC | ||||||
| PO Box 4902 | Jackson | WY | 83001 | 475324984 | TRANSFER OF INTEREST | $8,593,801 |
| JACKSON STREET APARTMENTS LLC (PRI) | ||||||
| PO Box 4902 | Jackson | WY | 83001 | 873611810 | CONTRIBUTED CAPITAL | $3,000,000 |
| MTI HOLDINGS LLC | ||||||
| PO BOX 4902 | JACKSON | WY | 83001 | 273946956 | TRANSFER OF INTEREST | $5,817,064 |
| RED ROCK RANCH DEVELOPMENT LLC | ||||||
| PO BOX 4902 | JACKSON | WY | 83001 | 481303957 | TRANSFER OF INTEREST | $2,724,520 |
| SL TOWER LLC | ||||||
| PO BOX 4902 | JACKSON | WY | 83001 | 921695274 | TRANSFER OF INTEREST | $5,981,656 |