2018-11-15T19:03:56-08:00 2017-12-31 990PF 2017-01-01 456794415 James Lee Sorenson Family Foundation JAME 8014901013 299 S Main Street Salt Lake City UT 84111 James Lee Sorenson Trustee 2018-11-16 2017 2019-02-21 02:37:17Z X 53025946 X X 3461 3461 1375490 1356558 910367 5654919 938930 218986 1116 2508304 2300065 32375 174879 174879 10314 8814 185 217753 183693 0 1496000 1496000 1713753 183693 1496000 794551 2116372 2598 1542 1542 1568991 1343369 1343369 773354 733488 779247 32809476 39264748 39264748 3635887 3385806 3385806 5813308 4794262 4819135 2827429 3432099 3432099 47431043 52955314 53025946 0 X 47431043 52955314 47431043 52955314 47431043 52955314 47431043 794551 4729720 52955314 52955314 Publicly traded securities P 4460090 3615989 844101 844101 ML Winton Futures Access LLC P 2012-05-01 2017-09-30 484990 425000 59990 59990 Ascend Access LTD P 2012-05-01 2017-06-30 709839 675000 34839 34839 938930 false 2302660 43969928 0.05237 2390906 45924663 0.05206 2335370 46802340 0.04990 1366455 43128151 0.03168 12804 1359626 0.00942 0.195430 0.039086 46851717 1831246 21164 1852410 2086998 X 21164 21164 21164 28074 28074 6910 6910 false false false false false false false false true true UT true false false false false true N/A Jim Sorenson 8014901013 299 S Main Street Suite 2200 Salt Lake City UT 84111 false false false false true false false false false false false true false false false false false false true false false true false false false false James Lee Sorenson 299 S Main Street Suite 2200 Salt Lake City UT 84111 Trustee 5.00 0 NONE Merrill Lynch Wealth Management 101 California Street Ste 2100 San Francisco CA 94111 Investment advice 88024 Sepio Capital 50 California Street Suite 3525 San Francisco CA 94111 Investment advice 86855 VilCap Investments: Investing in positive social and/or environmental impact companies for such purposes as clean energy, increasing access to education and healthcare, and improving livelihoods of underprivileged populations. 149831 Waste Ventures: Adressing waste collection problems including reducing greenhouse gases and landfill items. Increasing income and job opportunities for underprivileged populations 140000 301167 590998 44886365 2174410 504420 47565195 0 47565195 713478 46851717 2342586 2342586 21164 21164 2321422 5258 2326680 2326680 1496000 590998 2086998 21164 2065834 2326680 2031787 2086998 2031787 0 55211 2271469 James Lee Sorenson X The Church of Jesus Christ of LDS 50 E North Temple Salt Lake City UT 84150 PC General support 1300000 Junior Achievement of Utah 515 South 700 East 1F Salt Lake City UT 84102 PC Silent auction sponsorship 3500 University of Utah 540 Arapeen Drive Suite 250 Salt Lake City UT 84108 PC Innovation Summit; Impact Investing Center 175000 Choice Humanitarian 7879 South 1530 West Suite 200 Salt Lake City UT 84088 PC Gala event sponsorship 7500 Pioneer Theatre Company 300 S 1400 E Room 325 Salt Lake City UT 84112 PC Pioneer Theater event sponsorship 5000 Surefire 8011 Campion Dr Los Angeles CA 90045 PC Utah Wonder Women leadership conference 5000 1496000 14 3461 14 1375490 18 910367 Income from passthroughs 14 218986 2508304 2508304 false false false false false false false false false true Friends of Art Works 501(c)(4) The trustee for James Lee Sorenson Family Foundation also serves as a Director for Friends of Art Works for Kids Accounting 32375 0 0 0 Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. 134500 Owl Ventures: Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities. 25000 Liberty & Justice: Creating jobs and increasing access to healthcare in Liberia 50000 Capria: Creation of early-stage impact funds in emerging markets for the purpose of improving lives of low-income individuals. 25000 University of Utah - UVF II: Educating students in social impact entrepreneurship and promoting community development in low and moderate-income households. 66667 Merrill Lynch Wealth Management The foundation paid fees to Merrill Lynch for investment advisory services. The fees were determined at arms length and represent fair market value for the services rendered. Sepio Capital The foundation paid fees to Sepio Capital for investment advisory services. The fees were determined at arms length and represent fair market value for the services rendered. Form 5471 Information needed to complete Form 5471 Scheudles G, H, I, and J is not available at the time of filing. The foreign organization is experiencing heavy losses and the taxpayer belives there would be no income to report. A request has been made to the foreign organization and the information will be made available upon request. General Electric 151789 151789 AT&T Inc 253393 253393 Boeing Co 261498 261498 JPMorgan Chase & Co 263200 263200 Newmont Mining Corp 312615 312615 Goldman Sachs Group 270305 270305 Kinder Morgan Energy Partners 266457 266457 Waste Management Inc 265480 265480 Hewlett-Packard Co 318873 318873 Apple Inc GLB Feb 2023 202710 202710 Enterprise Products Feb 2024 104200 104200 Enterprise Products Feb 2022 104641 104641 Morgan Stanley GLB JUL 2025 209410 209410 Allergan Finance LLL Note 10/22 250770 250770 Wells Fargo & Co MTN 2/18 150465 150465 Publicly traded stocks (see stmt) 39264748 39264748 733488 779247 Carlson Double Black Diamond FMV 1081145 1081145 OZOFII Access LTD FMV 1585370 1585370 SLP IV Technology Fund FMV 507817 507817 CSP III Distressed Opp Fund FMV 166319 166319 Czech II Senior Loan Trust FMV 321449 321449 Blackstone Strategic Partners LP FMV 246410 246410 LS Real Estate Recovery IV Trust FMV 124051 124051 Czech III Senior Loan Trust FMV 195231 195231 Turner-Agassi Educational Facilities FMV 86923 86923 Bank charges 174 Postage 11 Income from passthroughs 218986 1116 Investment advisory fees 174879 174879 0 0 Federal taxes 1500 Foreign taxes 8814 8814