E L CORD FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- E L CORD FOUNDATION (EIN 36-6072793)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-09-14
- IRS object ID
- 201512579349100511
- Schema version
- 2014v5.0
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-09-14T15:45:19-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grant Thornton LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W Liberty Street Suite 770 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366072793 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE EL CORD FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JOSEPH S BRADLEY CO-TRUSTE | InCareOfNm |
| Business Name Control | ELCO | BusinessNameControlTxt |
| Phone | 7753230373 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 W LIBERTY STREET | AddressLine1Txt |
| Address Line2 | Suite | AddressLine2Txt |
| City | RENO | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph S Bradley | PersonNm |
| Person Title | Co-Trustee | PersonTitleTxt |
| Phone | 7753230373 | PhoneNum |
| Signature | 2015-09-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Keith A Pierce | PreparerPersonNm |
| PTIN | P00184036 | PTIN |
| Phone | 7757861520 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $67,432,494 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,836,717 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,836,717 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,686,136 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,571,596 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,686,136 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,587 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,587 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,526,440 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,526,440 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $645,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $580,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $64,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $70,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $63,000 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $7,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,536 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $14,882 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,654 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $413,517 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $413,517 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $19,504 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,361 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $596 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $20,160 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $18,144 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,016 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $17,929 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,135 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,794 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,202,646 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,111,539 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $77,560 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,943,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,943,400 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,146,046 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,111,539 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,020,960 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $380,394 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,414,901 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $170,010 | CashBOYAmt |
| Cash EOY | $347,333 | CashEOYAmt |
| Cash EOYFMV | $347,333 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,292,231 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,294,243 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,294,243 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $10,433,152 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,389,711 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,338,540 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $31,734,761 | CorporateStockBOYAmt |
| Corporate Stock EOY | $35,123,841 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $42,045,740 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,193,662 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,063,457 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,269,283 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $8,419,511 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,390,698 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $11,044,911 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $51,061 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $51,061 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $56,896 | OtherAssetsBOYAmt |
| Other Assets EOY | $92,444 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $92,444 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $60,300,223 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,701,727 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $67,432,494 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $140,480 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $149,432 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $140,480 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $149,432 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $60,159,743 | UnrestrictedBOYAmt |
| Unrestricted EOY | $60,552,295 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $60,159,743 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $60,552,295 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $60,300,223 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,701,727 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $60,159,743 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $380,394 | ExcessRevenueOverExpensesAmt |
| Other Increases | $12,158 | OtherIncreasesAmt |
| Subtotal | $60,552,295 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $60,552,295 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES (4060) ST | $7,890,792 | $7,693,026 | $247,720 | $197,766 |
| PUBLICLY TRADED SECURITIES (4060) LT | $10,335,363 | $7,407,287 | $2,928,076 | $2,928,076 |
| PUBLICLY TRADED SECURITIES (4061) ST | $1,354,731 | $1,373,663 | -$19,196 | -$18,932 |
| PUBLICLY TRADED SECURITIES (4061) LT | $1,322,866 | $1,382,604 | -$59,738 | -$59,738 |
| PUBLICLY TRADED SECURITIES (4068) ST | $1,936,120 | $1,637,823 | $298,297 | $298,297 |
| PUBLICLY TRADED SECURITIES (4068) LT | $1,140,348 | $1,037,465 | $102,883 | $102,883 |
| PUBLICLY TRADED SECURITIES (4069) ST | $101,823 | $108,926 | -$7,103 | -$7,103 |
| PUBLICLY TRADED SECURITIES (4069) LT | $649,475 | $633,247 | $16,228 | $16,228 |
| PUBLICLY TRADED SECURITIES (4070) LT | $227,576 | $216,529 | $11,047 | $11,047 |
| PUBLICLY TRADED SECURITIES (4067) ST | $3,756,587 | $3,752,748 | $3,721 | $3,839 |
| PUBLICLY TRADED SECURITIES (4067) LT | $2,928,167 | $2,922,455 | $5,490 | $5,712 |
| PUBLICLY TRADED SECURITIES (4071) ST | $18,148 | $25,964 | -$7,816 | -$7,816 |
| PUBLICLY TRADED SECURITIES (4071) LT | $630,373 | $598,033 | $32,340 | $32,340 |
| PUBLICLY TRADED SECURITIES (2197) ST | $157,556 | $150,800 | $7,342 | $6,756 |
| PUBLICLY TRADED SECURITIES (2098) LT | $1,121,651 | $1,000,000 | $121,651 | $121,651 |
| ADJUSTMENT FOR BOND AMORTIZATION/ACCRETION | $126,454 | -$126,454 | -$126,454 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,686,136 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,031,163 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $65,829,246 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.061237 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,759,305 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $65,619,227 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05729 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,828,776 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $66,878,589 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05725 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,678,614 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $67,183,532 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.054755 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,608,131 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $65,780,879 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054851 | DistributionYr5Rt |
| Total Distribution | 0.285383 | TotalDistributionRt |
| Average Distribution | 0.057077 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $66,378,392 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,788,679 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $44,149 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,832,828 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,020,960 | 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 | $44,149 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $44,149 | SubtotalAmt |
| Tax Based On Investment Income | $44,149 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $47,192 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $25,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $72,192 | TotalPaymentsAndCreditsAmt |
| Overpayment | $28,043 | OverpaymentAmt |
| Applied To ES Tax | $28,043 | AppliedToESTaxAmt |
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 | NV | 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 | JOSEPH S BRADLEY CO-TRUSTEE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7753230373 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 W LIBERTY ST | AddressLine1Txt |
| City | RENO | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | 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 | 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 |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 |
|---|---|---|---|---|---|---|
| JOSEPH S BRADLEY | ||||||
| 320 W LIBERTY STREET | RENO | NV | 89501 | CO-TRUSTEE | 20.0 | $215,000 |
| BILL BRADLEY | ||||||
| 320 W LIBERTY STREET | RENO | NV | 89501 | CO-TRUSTEE | 20.0 | $215,000 |
| ROBERT L SIMS | ||||||
| 320 W LIBERTY STREET | RENO | NV | 89501 | CO-TRUSTEE | 20.0 | $215,000 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERRILL LYNCH | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORTH WACKER DR STE 1950 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT | ServiceTypeTxt |
| Compensation | $413,019 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $64,030,996 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,357,522 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $712 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $67,389,230 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $67,389,230 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,010,838 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $66,378,392 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,318,920 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,318,920 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $44,149 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $44,149 | TotalTaxAmt |
| Distributable Before Adj | $3,274,771 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,274,771 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,274,771 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,020,960 | 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 | $4,020,960 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $44,149 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,976,811 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,274,771 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2012 | PriorYear1Yr |
| Prior Year2 | 2011 | PriorYear2Yr |
| Prior Year3 | 2010 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $432,424 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $432,424 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,020,960 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $3,274,771 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $746,189 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,178,613 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,178,613 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $432,424 | ExcessFromYear1Amt |
| Excess From Current Year | $746,189 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | The EL Cord Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 W Liberty Street | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7753230373 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS CAN BE MAILED TO THE HOME OFFICE. APPLICANTS MUST INCLUDED THE PROJECT DESCRIPTION, AMOUNT REQUESTED, AND PROOF OF TAX EXEMPT STATUS. THIS IS DESCRIBED IN "THE CORD FOUNDATION BROCHURE". | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATIONS MAY BE SUBMITTED AT ANY TIME THROUGHOUT THE YEAR. APPLIC- ATION DEADLINE FOR EACH MONTH | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE E | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE SCHEDULE E | AddressLine1Txt |
| Address Line2 | SEE SCHEDULE E | AddressLine2Txt |
| City | SEE SCHEDULE E | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE SCHEDULE E | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE SCHEDULE E | GrantOrContributionPurposeTxt |
| Amt | $3,943,400 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,943,400 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,836,717 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,686,136 | 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 | MISCELLANEOUS INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,587 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $5,526,440 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,526,440 | 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 |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | NA | OrganizationTypeDesc |
| Relationship Description | NA | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GRANT THORNTON | CategoryTxt |
| Amt | $16,536 | Amt |
| Net Investment Income | $14,882 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,654 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2006-12-19 | $2,459 | $2,459 | M7 | |
| MONITOR/BATTERY | 2007-03-08 | $586 | $586 | M5 | 5 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ELECTION TO AMORTIZE BOND PREMIUM | IdentifierTxt |
| Form And Line Reference | SECTION 171(C) | FormAndLineReferenceDesc |
| Medium Explanation | THE TAXPAYER HEREBY ELECTS TO AMORTIZE BOND PREMIUM PURSUANT TO TREASURY REGULATION 1.171-4(A) | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BONDS-SEE SCHEDULE C | BondNm |
| EOY Book Value | $5,063,457 | EOYBookValueAmt |
| EOYFMV | $5,269,283 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCK-SEE SCHEDULE A | StockNm |
| EOY Book Value | $35,123,841 | EOYBookValueAmt |
| EOYFMV | $42,045,740 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,389,711 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,338,540 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS - SEE SCHEDULE D | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $11,390,698 | BookValueAmt |
| EOYFMV | $11,044,911 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| OFFICE EQUIPMENT | $2,459 | $2,459 |
| MONITOR/BATTERY | $586 | $586 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSITS | $524 | $524 | $524 |
| PIMCO BASIS ADJ - OID | $13,262 | $18,362 | $18,362 |
| OPTIONS AND FUTURES | -$20,165 | $0 | $0 |
| UNAMORTIZED BOND PREMIUMS | $62,626 | $26,366 | $26,366 |
| OTHER ASSETS | $649 | $47,192 | $47,192 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $2,647 | $2,382 | $265 |
| UTILITIES & TELEPHONE | $3,867 | $3,480 | $387 |
| INSURANCE | $1,250 | $1,125 | $125 |
| JANITOR., REPAIRS, & MAINTEN. | $5,809 | $5,228 | $581 |
| TRAVEL | $1,150 | $1,035 | $115 |
| OFFICE EQUIPMENT EXPENSE | $3,206 | $2,885 | $321 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Revenue And Expenses Per Books | $3,587 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,587 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PURCHASED ACCRUED INTEREST | Desc |
| Amt | $12,158 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| COVERED CALL OPTIONS | $136,672 | $149,432 |
| TAX LIABILITY | $3,808 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $413,517 | Amt |
| Net Investment Income | $413,517 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $290 | $261 | $29 |
| EMPLOYER SOCIAL SECURITY | $4,340 | $3,906 | $434 |
| EMPLOYER MEDICARE | $1,015 | $913 | $102 |
| FOREIGN TAXES | $13,547 | ||
| OTHER TAXES | $312 | $281 | $31 |