STRATEGY STUDIO / PUBLIC DATA EXPLORER

LEAP FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
LEAP FOUNDATION (EIN 26-3385920)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-15
IRS object ID
201831359349101193
Schema version
2017v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-15T07:25:42-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN870517754PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WSRP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1155 N 400 W STE 400AddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84103ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263385920EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LEAP FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEAPBusinessNameControlTxt
Phone8054745681PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11015 DITMAS WAYAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARTHA N BECKPersonNm
Person TitleDIRECTORPersonTitleTxt
Signature2018-05-10SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK A GILBERT CPAPreparerPersonNm
PTINP00071185PTIN
Phone8013282011PhoneNum
Preparation2018-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$84,846FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$226,783ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$226,784TotalRevAndExpnssAmt
Total Net Invst Incm$1TotalNetInvstIncmAmt
Total Adj Net Incm$1TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$2,625OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,625OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$2,625OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$2,625TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,625TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,625TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$299,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$299,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$301,625TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,625TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,625TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$299,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$74,841ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$145,993SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$71,152SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$71,152SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$10,527CorporateStockBOYAmt
Corporate Stock EOY$10,527CorporateStockEOYAmt
Corporate Stock EOYFMV$13,694CorporateStockEOYFMVAmt
Total Assets BOY$156,520TotalAssetsBOYAmt
Total Assets EOY$81,679TotalAssetsEOYAmt
Total Assets EOYFMV$84,846TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$156,520CapitalStockBOYAmt
Capital Stock EOY$81,679CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$156,520TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$81,679TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$156,520TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$81,679TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$156,520TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$74,841ExcessRevenueOverExpensesAmt
Subtotal$81,679SubtotalAmt
Tot Net Ast Or Fund Balances EOY$81,679TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$86,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$135,442NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.634958DistributionYr1Rt
Adjusted Qlfy Distri Yr2$351,500AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$118,773NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.959427DistributionYr2Rt
Adjusted Qlfy Distri Yr3$213,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$127,706NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.667893DistributionYr3Rt
Adjusted Qlfy Distri Yr4$120,800AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$88,876NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.359197DistributionYr4Rt
Adjusted Qlfy Distri Yr5$121,500AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$64,422NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.886002DistributionYr5Rt
Total Distribution8.507477TotalDistributionRt
Average Distribution1.701495AverageDistributionRt
Net Vl Noncharitable Assets$120,843NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$205,614AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$205,614AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$299,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMARTHA N BECKIndividualWithBooksNm
Phone8054748681PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11515 DITMAS WAYAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARTHA N BECKPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11015 DITMAS WAYAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
FieldValueIRS element (for citing)
TitleDIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$12,110AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$110,573AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$122,683TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$122,683AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,840CashDeemedCharitableAmt
Net Vl Noncharitable Assets$120,843NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,042MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,042MinimumInvestmentReturnAmt
Distributable Before Adj$6,042DistributableBeforeAdjAmt
Distributable Before Ded$6,042DistributableBeforeDedAmt
Distributable As Adjusted$6,042DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$299,000ExpensesAndContributionsAmt
Qualifying Distributions$299,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$299,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,042DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$118,279ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$116,356ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$206,615ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$345,561ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$79,228ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$866,039TotalExcessDistributionCyovAmt
Qualifying Distributions$299,000QualifyingDistributionsAmt
Applied To Current Year$6,042AppliedToCurrentYearAmt
Remaining Distri From Corpus$292,958RemainingDistriFromCorpusAmt
Total Corpus$1,158,997TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$118,279ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,040,718ExcessDistriCyovToNextYrAmt
Excess From Year4$116,356ExcessFromYear4Amt
Excess From Year3$206,615ExcessFromYear3Amt
Excess From Year2$345,561ExcessFromYear2Amt
Excess From Year1$79,228ExcessFromYear1Amt
Excess From Current Year$292,958ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMARTHA N BECKContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GWF USA FOUNDATION
1015 DITMAS WAYARROYO GRANDECA93420NONEGENERAL FUND$39,000
GOOD WORK FOUNDATION
1015 DITMAS WAYARROYO GRANDECA93420NONEGENERAL FUND$260,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$299,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number3LineNumberTxt
Relationship StatementUSED TO FURTHER PROMOTE THE CHARITABLE PURPOSES OF THE ORGRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
MARTHA BECK INC
11515 DITMAS WAYARROYO GRANDECA93420$50,000Yes (X)
MARTHA BECK
21515 DITMAS WAYARROYO GRANDECA93420$50,000Yes (X)
KAREN GERDES
31515 DITMAS WAYARROYO GRANDECA93420$10,000Yes (X)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockGOOGLE STOCKStockNm
EOY Book Value$10,527EOYBookValueAmt
EOYFMV$13,694EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
DUES & FEES$125$125$125
TRAINING & EDUCATION$2,500$2,500$2,500