THE GRIFFIN FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE GRIFFIN FOUNDATION INC (EIN 84-1171483)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-03-23
- IRS object ID
- 202000839349100210
- Schema version
- 2019v5.0
- 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
- Depreciation Schedule
- Dissolution Stmt
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-03-23T12:37:43-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2950 E HARMONY RD STE 290 | AddressLine1Txt |
| City | FORT COLLINS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 805283429 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841171483 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRIFFIN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRIF | BusinessNameControlTxt |
| Phone | 9704841886 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4090 RIDGELINE DRIVE | AddressLine1Txt |
| City | TIMNATH | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80547 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID WOOD | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 9704841886 | PhoneNum |
| Signature | 2020-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS J AHRENS | PreparerPersonNm |
| PTIN | P01246358 | PTIN |
| Phone | 9702238825 | PhoneNum |
| Preparation | 2020-03-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF Status Term Sect507b1 A | Yes (X) | PFStatusTermSect507b1AInd |
| Final Return | Yes (X) | FinalReturnInd |
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,630 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,630 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $31,254 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $31,254 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $21,754 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $96,508 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $309,101 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $96,508 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $129,392 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $129,392 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $105,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $105,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,174 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,174 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $5,851 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $240 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,611 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,649 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,715 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,250 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,250 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $4,507 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $4,507 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,355 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,355 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $20,613 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,753 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $15,860 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $159,549 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,750 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $143,865 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $290,595 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $290,595 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $450,144 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,750 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $434,460 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$320,752 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $118,642 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $30,867 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $16,312 | SavAndTempCashInvstBOYAmt |
| Corporate Stock BOY | $113,383 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $43,927 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments BOY | $115,019 | LandBldgInvestmentsBOYAmt |
| Total Assets BOY | $319,508 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $27 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $546 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $573 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $125,344 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $0 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $193,591 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $0 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $318,935 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $319,508 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $318,935 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$320,752 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,817 | OtherIncreasesAmt |
| Subtotal | $0 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| SCRAPPING OF ASSETS | P | 2019-05-31 | $136,602 | $174,648 | -$38,046 | -$38,046 | |
| SALE OF NINE ACRES | P | 2019-05-31 | $15,419 | $134,581 | $134,581 | $150,000 | |
| PUBLICALY TRADED SECURITIES | 2019-01-07 | $36,269 | -$284 | -$284 | $35,985 | ||
| PUBLICALY TRADED SECURITIES | 2019-04-03 | $122,859 | $257 | $257 | $123,116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $96,508 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $286,415 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,286,859 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.222569 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $858,144 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,750,734 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.490162 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $607,297 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,215,439 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.274120 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $621,630 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,486,128 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.250039 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $790,101 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,704,472 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.292146 | DistributionYr5Rt |
| Total Distribution | 1.529036 | TotalDistributionRt |
| Average Distribution | 0.305807 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $626,774 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $191,672 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,186 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $192,858 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $434,460 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $1,186 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,186 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,186 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,500 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,500 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $23 | EsPenaltyAmt |
| Overpayment | $1,291 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $1,291 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.THEGRIFFINFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | DAVID L WOOD | IndividualWithBooksNm |
| Phone | 9704841886 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4090 RIDGELINE DRIVE | AddressLine1Txt |
| City | TIMNATH | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80547 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID L WOOD | ||||||||
| 4090 RIDGELINE DR | TIMNATH | CO | 80547 | CHAIRMAN/PRESIDENT | 30.00 | $80,000 | $0 | $0 |
| MARGARET RIZLEY | ||||||||
| PO BOX 276 | WOODWARD | OK | 73801 | VICE CHAIRMAN/VICE PRESIDE | 0.25 | $5,000 | $0 | $0 |
| CAROL WOOD | ||||||||
| 4090 RIDGELINE DR | TIMNATH | CO | 80547 | SECRETARY/TREASURER | 15.00 | $20,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $37,242 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $99,077 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $500,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $636,319 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $636,319 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,545 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $626,774 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $31,339 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $31,339 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,186 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,186 | TotalTaxAmt |
| Distributable Before Adj | $30,153 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $30,153 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $30,153 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $434,460 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $434,460 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,186 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $433,274 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $30,153 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $655,173 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $497,960 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $511,899 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $771,253 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $224,493 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,660,778 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $434,460 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $30,153 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $404,307 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,065,085 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $655,173 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,409,912 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $497,960 | ExcessFromYear4Amt |
| Excess From Year3 | $511,899 | ExcessFromYear3Amt |
| Excess From Year2 | $771,253 | ExcessFromYear2Amt |
| Excess From Year1 | $224,493 | ExcessFromYear1Amt |
| Excess From Current Year | $404,307 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DAVID L WOOD | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4090 RIDGELINE DRIVE | AddressLine1Txt |
| City | TIMNATH | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80547 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9704841886 | RecipientPhoneNum |
| Recipient Email Address | DLWOOD4090@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | A WRITTEN APPLICATION THAT DESCRIBES THE PURPOSE AND NEED FOR THE FUNDS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | HEALTH CARE, HIGHER EDUCATION AND PERFORMING ARTS | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 3HOPEFUL HEARTS | |||||||
| 1610 S COLLEGE AVE | FORT COLLINS | CO | 80525 | NONE | PC | GENERAL SUPPORT | $2,000 |
| CARTER BAXTER | |||||||
| 1072 LANE 9 | POWELL | WY | 82435 | NONE | I | SCHOLARSHIP | $5,000 |
| COLORADO STATE UNIVERSITY - ATHLETIC DEPARTMENT | |||||||
| 2545 RESEARCH BLVD | FORT COLLINS | CO | 80526 | NONE | PC | GENERAL SUPPORT | $5,087 |
| COLORADO STATE UNIVERSITY FOUNDATION | |||||||
| PO BOX 1870 | FORT COLLINS | CO | 80522 | NONE | PC | GENERAL SUPPORT | $181,886 |
| DISABLED RESOURCE SERVICES | |||||||
| 1017 ROBERTSON STREET | FORT COLLINS | CO | 80524 | NONE | PC | GENERAL SUPPORT | $1,000 |
| ERIC BENNETT | |||||||
| PO BOX 1115 | FORT WASHAKIE | WY | 82514 | NONE | I | SCHOLARSHIP | $5,000 |
| FORT COLLINS SYMPHONY | |||||||
| 1721 LINDEN LAKE ROAD | FORT COLLINS | CO | 80524 | NONE | PC | GENERAL SUPPORT | $12,000 |
| JENNI EBERSBERGER | |||||||
| 101 WEST BALDRIDGE DRIVE | POWELL | WY | 82435 | NONE | I | SCHOLARSHIP | $5,000 |
| JESSICA LECHMAN | |||||||
| 109 JONES LANE | STERLING | CO | 80751 | NONE | I | SCHOLARSHIP | $5,000 |
| MARSHALL MCARTHUR | |||||||
| 526 NORTH DAY STREET | POWELL | WY | 82435 | NONE | I | SCHOLARSHIP | $5,000 |
| MITCHELL GRAY | |||||||
| 82 STELLAR JAY RD | FRISCO | CO | 80443 | NONE | I | SCHOLARSHIP | $5,000 |
| OPERA FORT COLLINS | |||||||
| PO BOX 503 | FORT COLLINS | CO | 80522 | NONE | PC | GENERAL SUPPORT | $1,000 |
| PROJECT SELF-SUFFICIENCY | |||||||
| 375 W 37TH ST 150 | LOVELAND | CO | 80538 | NONE | PC | GENERAL SUPPORT | $1,000 |
| SETH THIELE | |||||||
| 42 LONGHORN DRIVE | BUFFALO | WY | 82834 | NONE | I | SCHOLARSHIP | $5,000 |
| UNIVERSITY OF NORTHERN COLORADO - MUSIC DEPARTMENT | |||||||
| 501 20TH STREET | GREELEY | CO | 80639 | NONE | PC | GENERAL SUPPORT | $5,000 |
| WILLIAM SCOUGALE | |||||||
| 1701 MILL STREET | LARAMIE | WY | 82072 | NONE | I | SCHOLARSHIP | $5,000 |
| UC HEALTH OF NORTHERN COLORADO FOUNDATION | |||||||
| 2315 E HARMONY ROAD SUITE 200 | FORT COLLINS | CO | 80528 | NONE | PC | HOSPITAL CAPITAL IMPROVEMENTS | $40,622 |
| EVERY CHILD PEDIATRIC | |||||||
| 330 EAST LAUREL STREET | FORT COLLINS | CO | 80524 | NONE | PC | GENERAL SUPPORT | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $290,595 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,630 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $21,754 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $96,508 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $119,892 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $119,892 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $7,150 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,150 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (17 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| TAMASAG OFFICE EQUIPMENT | 1996-11-01 | $84,728 | $84,728 | 200DB | 7.000000000000 | $0 | $0 |
| HONDA HS80 | 1995-05-03 | $575 | $575 | 200DB | 7.000000000000 | $0 | $0 |
| FORD 1700 DSL TRACTOR | 1995-05-03 | $7,500 | $7,500 | 200DB | 7.000000000000 | $0 | $0 |
| YAMAHA GAS GOLF CART W/ EXTRA | 1995-05-03 | $550 | $550 | 200DB | 7.000000000000 | $0 | $0 |
| ALUM. STEP LADDER | 1995-05-03 | $25 | $25 | 200DB | 7.000000000000 | $0 | $0 |
| TAMASAG IMPROVEMENTS - ESTATE TRANSFER | 1995-05-03 | $118,675 | $118,675 | 150DB | 10.000000000000 | $0 | $0 |
| TAMASAG IMPROVEMENTS | 1996-06-01 | $524,109 | $524,109 | 150DB | 10.000000000000 | $0 | $0 |
| NEW GARAGE | 1997-10-15 | $8,937 | $5,038 | SL | 39.000000000000 | $86 | $86 |
| ROOF | 2000-07-01 | $15,295 | $7,236 | SL | 39.000000000000 | $147 | $0 |
| LANDSCAPING | 2003-10-23 | $10,854 | $10,850 | 150DB | 15.000000000000 | $0 | $0 |
| TAMASAG IMPROVEMENTS | 2004-11-01 | $33,262 | $12,049 | SL | 39.000000000000 | $320 | $320 |
| EQUIPMENT | 2008-06-30 | $853 | $426 | 200DB | 7.000000000000 | $0 | $0 |
| OFFICE EQUIPMENT - ESTATE TRANSFER - TAMASAG | 1995-05-03 | $6,490 | $6,490 | 200DB | 7.000000000000 | $0 | $0 |
| BUILDING IMPROVEMENTS - ESTATE TRANSFER - TAMASAG | 1995-05-03 | $54,000 | $39,134 | SL | 31.500000000000 | $643 | $643 |
| LAND - ESTATE TRANSFER - TAMASAG | 1995-05-03 | $47,663 | L | $0 | $0 | ||
| FURNACE | 2018-04-23 | $5,579 | $101 | SL | 39.000000000000 | $54 | $54 |
| LAND - ESTATE TRANSFER - TAMASAG | 1995-05-03 | $13,837 | L | $0 | $0 |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UC HEALTH NORTHERN COLORADO FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2315 E HARMONY ROAD SUITE 200 | AddressLine1Txt |
| City | FORT COLLINS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80528 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE FOUNDATION DISTRIBUTED $40,622 TO THE UC HEALTH NORTHERN COLORADO FOUNDATION DURING THE REPORTING PERIOD. THERE WILL BE ADDITIONAL DISBURSEMENTS TO UC HEALTH NORTHERN COLORADO FOUNDATION RELATED TO WINDING DOWN AS REFERENCED IN STATEMENT 10. | ShortExplanationTxt |
| Dissolution | $40,622 | DissolutionAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION IS TERMINATED EFFECTIVE DECEMBER 23, 2019. ALL REMAINING ASSETS, WHICH WERE LIMITED TO CASH BALANCES, WERE DISTRIBUTED TO UC HEALTH NORTHERN COLORADO FOUNDATION, A QUALIFYING EXEMPT ORGANIZATION, RESULTING IN A TERMINATION UNDER IRC SECTION 507(B)(1)(A) EXCEPT FOR WINDING DOWN FUNDS HELD IN THE FOUNDATION'S CHECKING ACCOUNT. FOR MORE INFORMATION ON THE RECIPIENT OF ASSETS, PLEASE SEE THE DISSOLUTION STATEMENT. ANY REMAINING FUNDS WILL BE TRANSFERRED TO UC HEALTH NORTHERN COLORADO FOUNDATION ONCE THE FOUNDATION COMPLETES ITS WINDING DOWN PHASE AND ALL OUTSTANDING DEBTS ARE PAID. IN ADDITION, THE FOUNDATION IS ANTICIPATING A REFUND ON THE 2019 FINAL FORM 990-PF FOR THE OVERPAYMENT OF THE TAX LIABILITY. THE FOUNDATION INTENDS TO DISTRIBUTE THE REFUND TO UC HEALTH NORTHERN COLORADO FOUNDATION, A QUALIFYING ORGANIZATION, AS SOON AS THE REFUND CHECK IS RECEIVED. THE CHECKING ACCOUNT WILL BE CLOSED ONCE THE FINAL CHECKS CLEARED THE ACCOUNT. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $1,174 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,174 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $4,048 | $0 | $4,048 |
| OFFICE | $7,971 | $0 | $7,971 |
| BANK FEES | $25 | $0 | $25 |
| SERVICE AWARDS | $3,816 | $0 | $3,816 |
| INSURANCE | $3,067 | $3,067 | $0 |
| TELEPHONE & INTERNET | $808 | $808 | $0 |
| OTHER EXPENSES | $878 | $878 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAIN | Desc |
| Amt | $1,817 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $546 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $193 | $0 | $193 |
| CONTRACT LABOR | $5,418 | $0 | $5,418 |
| OTHER PROFESSIONAL SERVICES | $240 | $240 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $7,715 | $0 | $7,715 |
| EXCISE TAXES | $4,934 | $0 | $0 |