ROBERT H AND KATHARINE B GARFF FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: ROBERT H AND KATHARINE B GARFF FOUNDATION (EIN 20-1412845)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202413209349107296
Schema version: 2023v5.1
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
Depreciation Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T21:20:05-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BDO USA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	299 S MAIN ST 10TH FLOOR	AddressLine1Txt
City	SALT LAKE CITY	CityNm
State Abbreviation	UT	StateAbbreviationCd
ZIP	84111	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	201412845	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Robert H & Katharine B Garff Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% TATE HANSEN	InCareOfNm
Business Name Control	ROBE	BusinessNameControlTxt
Phone	8012573400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 East Broadway Suite 900	AddressLine1Txt
City	Salt Lake City	CityNm
State Abbreviation	UT	StateAbbreviationCd
ZIP	84111	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KATHARINE GARFF	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	8012573400	PhoneNum
Signature	2024-11-15	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	Christopher D Ebert	PreparerPersonNm
PTIN	P00707090	PTIN
Phone	8012691818	PhoneNum
Preparation	2024-11-15	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$4,167,710	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	$2,200,027	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$40,831	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$40,831	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$183,819	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$183,819	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$15,963	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$500,587	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$51,223	CapGainNetIncmNetInvstIncmAmt
Incm Modifications Adj Net Incm	$2,500	IncmModificationsAdjNetIncmAmt
Other Income Rev And Expnss	$2,500	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$2,443,140	TotalRevAndExpnssAmt
Total Net Invst Incm	$275,873	TotalNetInvstIncmAmt
Total Adj Net Incm	$2,500	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss	$3,757	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$760	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$760	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$4,517	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$760	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,682,919	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,682,919	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,687,436	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$760	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,682,919	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$244,296	ExcessRevenueOverExpensesAmt
Net Investment Income	$275,113	NetInvestmentIncomeAmt
Adjusted Net Income	$2,500	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$753,840	CashBOYAmt
Cash EOY	$294,454	CashEOYAmt
Cash EOYFMV	$294,454	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$2,147,428	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$2,373,256	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$2,373,256	SavAndTempCashInvstEOYFMVAmt
Other Assets BOY	$1,500,000	OtherAssetsBOYAmt
Other Assets EOY	$1,500,000	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,500,000	OtherAssetsEOYFMVAmt
Total Assets BOY	$4,401,268	TotalAssetsBOYAmt
Total Assets EOY	$4,167,710	TotalAssetsEOYAmt
Total Assets EOYFMV	$4,167,710	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$1,784	AccountsPayableBOYAmt
Accounts Payable EOY	$1,784	AccountsPayableEOYAmt
Total Liabilities BOY	$1,784	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,784	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$4,399,484	RetainedEarningBOYAmt
Retained Earning EOY	$4,165,926	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,399,484	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$4,165,926	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,401,268	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,167,710	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,399,484	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$244,296	ExcessRevenueOverExpensesAmt
Other Increases	$10,738	OtherIncreasesAmt
Subtotal	$4,165,926	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$4,165,926	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
161.00 SHS - NETFLIX INC	D	2022-05-26	2023-12-29	$78,582	$30,499	$48,083	$48,083
37.00 SHS - NETFLIX INC	D	2022-03-18	2023-12-29	$18,059	$14,022	$4,037	$4,037
91.00 SHS - AMAZON COM INC	D	2022-07-21	2023-12-29	$13,939	$11,235	$2,704	$2,704
2,527.00 SHS - AMAZON COM INC	D	2023-12-18	2023-12-29	$387,078	$390,693	-$3,615	-$3,615
6.00 SHS - NETFLIX INC	D	2023-12-18	2023-12-29	$2,929	$2,915	$14	$14

Field	Value	IRS element (for citing)
Capital Gain Net Income	$51,223	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3,824	InvestmentIncomeExciseTaxAmt
Subtotal	$3,824	SubtotalAmt
Tax Based On Investment Income	$3,824	TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$136	EsPenaltyAmt
Tax Due	$3,960	TaxDueAmt

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	UT	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	TATE HANSEN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8012573400	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 EAST BROADWAY SUITE 900	AddressLine1Txt
City	SALT LAKE CITY	CityNm
State Abbreviation	UT	StateAbbreviationCd
ZIP	84111	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	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
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 (10 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
MARK RICHARDS
111 East Broadway Suite 900	Salt Lake City	UT	84111	DIRECTOR	1.0	$0	$0	$0
KATHERINE B GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	PRESIDENT	1.0	$0	$0	$0
JOSHUA GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	DIRECTOR	1.0	$0	$0	$0
JOHN K GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	VICE PRESIDENT	1.0	$0	$0	$0
JAMES CAMPBELL
111 East Broadway Suite 900	Salt Lake City	UT	84111	TREASURER	5.0	$0	$0	$0
AMY A GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	VICE PRESIDENT	1.0	$0	$0	$0
KATHERINE E GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	DIRECTOR	1.0	$0	$0	$0
RACHEL GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	DIRECTOR	1.0	$0	$0	$0
JACOB J GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	DIRECTOR	1.0	$0	$0	$0
MEGAN GARFF
111 East Broadway Suite 900	Salt Lake City	UT	84111	DIRECTOR	1.0	$0	$0	$0

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,263,818	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$561,340	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,825,158	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$2,825,158	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$42,377	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,782,781	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$139,139	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$139,139	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,824	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3,824	TotalTaxAmt
Distributable Before Adj	$135,315	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$2,500	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$137,815	DistributableBeforeDedAmt
Distributable As Adjusted	$137,815	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,682,919	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$2,682,919	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$137,815	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2021	PriorYear1Yr
Prior Year2	2020	PriorYear2Yr
Prior Year3	2019	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$1,160,615	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$2,714,406	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$4,523,615	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$4,390,000	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,231,455	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$14,020,091	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,682,919	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$137,815	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,545,104	RemainingDistriFromCorpusAmt
Total Corpus	$16,565,195	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$1,160,615	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$15,404,580	ExcessDistriCyovToNextYrAmt
Excess From Year4	$2,714,406	ExcessFromYear4Amt
Excess From Year3	$4,523,615	ExcessFromYear3Amt
Excess From Year2	$4,390,000	ExcessFromYear2Amt
Excess From Year1	$1,231,455	ExcessFromYear1Amt
Excess From Current Year	$2,545,104	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	JOHN GARFF	ContributingManagerNm
Contributing Manager	MATTHEW GARFF	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MATTHEW B GARFF	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 EAST BROADWAY STE 900	AddressLine1Txt
City	SALT LAKE CITY	CityNm
State Abbreviation	UT	StateAbbreviationCd
ZIP	84111	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8012573400	RecipientPhoneNum
Form And Info And Materials	BY WRITTEN REQUEST	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
WEBER STATE UNIVERSITY
3848 Harrison Blvd	OGDEN	UT	84408	NONE	PC	GENERAL DONATION	$6,796
UTAH STATE UNIVERSITY
805 E 700 N	LOGAN	UT	84322	NONE	PC	GENERAL DONATION	$1,881
UNIVERSITY OF UTAH
201 PRESIDENTS CIR	SALT LAKE CITY	UT	84112	NONE	PC	GENERAL DONATIONS	$2,030,000
UNIVERSITY OF NORTHERN IOWA
1227 W 27TH ST	Cedar Falls	IA	50614	NONE	PC	GENERAL DONATION	$5,000
FAMILY PROMISE OF OGDEN
256 24TH ST	OGDEN	UT	84401	NONE	PC	GENERAL DONATION	$1,500
WASHTENAW COMMUNITY COLLEGE
4800 E HURON RIVER DR	ANN ARBOR	MI	48105	NONE	PC	GENERAL DONATION	$2,290
DES MOINES AREA COMMUNITY COLLEGE
1144 7TH ST	DES MOINES	IA	50314	NONE	PC	GENERAL DONATION	$9,102
HOUSTON COMMUNITY COLLEGE
1300 HOLMAN ST	HOUSTON	TX	77004	NONE	PC	GENERAL DONATION	$8,694
ARIZONA STATE UNIVERSITY
501 E Orange St	Tempe	AZ	85287	NONE	PC	GENERAL DONATION	$9,801
CALIFORNIA STATE UNIVERSITY SAN MARCOS
333 S Twin Oaks Valley Rd	SAN MARCOS	CA	92096	NONE	PC	GENERAL DONATION	$2,284
COLLEGE OF THE CANYONS
26455 ROCKWELL CANYON RD	SANTA CLARITA	CA	91355	NONE	PC	GENERAL DONATION	$40
FORTIS COLLEGE
3949 South 700 East Suite 150	CALT LAKE CITY	UT	84107	NONE	PF	GENERAL DONATION	$8,785
GOOD DEED REVOLUTION
47 SOUTH ORANGE STREET BLDG A STE 1	SALT LAKE CITY	UT	84116	NONE	PC	GENERAL DONATION	$5,000
MINNESOTA STATE UNIVERSITY
150 Morris Hall	MANKATO	MN	56001	NONE	PC	GENERAL DONATION	$5,000
PACIFIC COLLEGE OF HEALTH & SCIENCE
110 William St Fl 19	NEW YORK	NY	10038	NONE	PF	GENERAL DONATION	$5,000
SALT LAKE CHAMBER
201 S MAIN ST STE 2300	SALT LAKE CITY	UT	84111	NONE	PC	GENERAL DONATION	$25,000
SALT LAKE COMMUNITY COLLEGE FOUNDATION
4600 S REDWOOD RD	SALT LAKE CITY	UT	84123	NONE	PC	GENERAL DONATION	$4,333
SCHOOLCRAFT
35248 Leon St	LIVONIA	MI	48150	NONE	PC	GENERAL DONATION	$2,289
SOUTHERN UTAH UNIVERSITY
351 W UNIVERSITY BLVD	CEDAR CITY	UT	84720	NONE	PC	GENERAL DONATION	$5,000
UTAH FIRST LADY FOUNDATION
603 E SOUTH TEMPLE	MIDVALE	UT	84102	NONE	PC	GENERAL DONATION	$50,000
UTAH SPORTS COMMISSION FOUNDATION
201 S MAIN ST STE 2125	SALT LAKE CITY	UT	84111	NONE	PC	GENERAL DONATION	$265,000
UTAH TECH UNIVERSITY
225 S 700 E	SAINT GEORGE	UT	84770	NONE	PC	GENERAL DONATION	$1,177
UTAH VALLEY UNIVERSITY
800 W UNIVERSITY PKWY MSC 109	OREM	UT	84058	NONE	PC	GENERAL DONATION	$15,463
Life of Christ Art Foundation
702 S Alpine HWY	Alpine	UT	84004	NONE	PC	General Donation	$50,000
United Fleet Management
4770 South 5600 West	West Valley City	UT	84118	NONE	PC	General Donation	$50,400	Suite 130
FPC Preservation Foundation Inc
12 C St	Salt Lake City	UT	84103	None	PC	General donation	$15,000
This is the Place Heritage Park
2601 East Sunnyside Avenue	Salt Lake City	UT	84108	NONE	PC	General donation	$10,000
Ukraine With Love
533 W 2600 S Suite 160	Bountiful	UT	84010	NONE	PC	General donation	$10,000
Transcend International
48 W Broadway	Salt Lake City	UT	84101	NONE	PC	General donation	$25,000	APT 2502N
Girls on the Run Utah
332 E 500 S	Salt Lake City	UT	84111	none	PC	general donation	$2,000
Granite School District
2500 S State St	Salt Lake City	UT	84109	None	PC	general donation	$1,000
Skyline High School
3251 East 3760 South	Salt Lake City	UT	84109	none	PC	general donation	$900
UNA
PO Box 6578	Salt Lake City	UT	84165	None	PC	General donation	$5,000
NAACPS
PO Box 25414	Salt Lake City	PW	84125	none	PC	general donation	$1,000
Cal State Los Angeles
5151 State University dr	Los Angeles	CA	90032	none	PC	general donation	$5,000
College of the Desert
43500 Monterey Avenue	Palm Desert	CA	92260	none	PC	general donation	$714
Florida Institute of Technology
150 W University Blvd	Melbourne	FL	32901	none	PC	general donation	$5,000
Iowa State University
0210 Beardshear Hall 515 Morrill Ro	Ames	IA	50011	none	PC	general donation	$5,000
Northern Arizona Unversity
PO Box 4108	Flagstaff	AZ	86011	none	PC	general donation	$2,500
Professional Medical Careers Institute
920 Hampshire Road	Westlake Village	CA	91362	none	PC	general donation	$2,470	Suite S
University of Houston Clear Lake
2700 Bay Area Blvd	Houston	TX	77058	none	PC	general donation	$2,500	Box 05
University of Phoenix
PO Box 52125	Phoenix	AZ	85072	None	PC	general donation	$2,500
University of St Thomas
3800 Montrose Blvd	Houston	TX	77006	none	PC	general donation	$5,000
university of Texas San Antonio
One UTSA Circle	San Antonio	TX	78249	none	PC	general donation	$5,000
University of Tech
225 S 700 E	Saint George	UT	84770	none	PC	general donation	$2,500
Vanguard University
55 Fiar Drive	Costa Mesa	CA	92626	none	PC	general donation	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,682,919	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$40,831	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$183,819	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Income		OtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$15,963	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	SCHOLARSHIP RETURNED	Desc
Exclusion	01	ExclusionCd
Exclusion	$2,500	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$243,113	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$243,113	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 (5 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
JOHN GARFF
1	111 EAST BROADWAY SUITE 900	SALT LAKE CITY	UT	84111	$100,000	Yes (X)
KORNERSTONE
2	111 EAST BROADWAY SUITE 900	SALT LAKE CITY	UT	84111	$1,000,000	Yes (X)
MATTHEW GARFF - STOCKS
3	111 East Broadway Suite 900	Salt Lake City	UT	84111	$102,925	Yes (X)	Yes (X)
Matthew B Garff
4	111 East Broadway Suite 900	Salt Lake City	UT	84111	$497,102	Yes (X)	Yes (X)
John Garff
5	111 EAST BROADWAY SUITE 900	Salt Lake City	UT	84111	$500,000	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
3	205 shares of Apple, Inc 161 shares of Netflix, Inc.	$102,925	2023-06-08
4	2618 shares Amazon, Inc. 204 shares Netflix, Inc.	$407,102	2023-11-29

Depreciation Schedule DepreciationSchedule

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	ARIVO ACCEPTANCE	Desc
BOY Book Value	$1,500,000	BOYBookValueAmt
EOY Book Value	$1,500,000	EOYBookValueAmt
EOYFMV	$1,500,000	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSSES	Desc
Amt	$0	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	BANK FEES	Desc
Revenue And Expenses Per Books	$760	RevenueAndExpensesPerBooksAmt
Net Investment Income	$760	NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Returned Scholarships	Desc
Revenue And Expenses Per Books	$2,500	RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAINS	Desc
Amt	$10,738	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAX	CategoryTxt
Amt	$3,757	Amt