GARY PHILANTHROPY: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GARY PHILANTHROPY (EIN 81-0587194)
- Tax period
- 2013-12-01 to 2014-11-30
- Filed
- 2015-10-13
- IRS object ID
- 201512869349100611
- Schema version
- 2013v4.0
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-10-13T16:44:32-05:00 | ReturnTs |
| Tax Period End | 2014-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461497033 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EKS&H LLLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7979 E TUFTS AVENUE SUITE 400 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 802372521 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810587194 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PITON INVESTMENT FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PITO | BusinessNameControlTxt |
| Phone | 3036283800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1705 17TH STREET SUITE 200 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80202 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVE YOUNGGREN | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 3036283800 | PhoneNum |
| Signature | 2015-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DORI J EGGETT | PreparerPersonNm |
| PTIN | P00645252 | PTIN |
| Phone | 3037409400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $211,844,557 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,680,529 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,680,529 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $14,965,888 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $103,761,242 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $14,965,888 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$512,490 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$512,490 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $16,133,927 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,133,927 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $199,389 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $55,484 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $76 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $31,332 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $3,133 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $28,199 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $817,448 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $793,175 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $24,273 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,052,669 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $854,042 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $54,798 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $14,090,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,490,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $15,143,419 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $854,042 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,545,548 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $990,508 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,279,885 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $58,111 | CashBOYAmt |
| Cash EOY | $91,208 | CashEOYAmt |
| Cash EOYFMV | $91,208 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,399,468 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,441,477 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,441,477 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,672,403 | AcctRcvblAmt |
| Acct Rcvbl EOY | $8,672,403 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,672,403 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $52,794 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $203,433,243 | CorporateStockBOYAmt |
| Corporate Stock EOY | $118,933,970 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $118,933,970 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,014,885 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $59,705,499 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $59,705,499 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $64,329 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $212,022,830 | TotalAssetsBOYAmt |
| Total Assets EOY | $211,844,557 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $211,844,557 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $6,095 | AccountsPayableEOYAmt |
| Grants Payable EOY | $4,600,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,606,095 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $212,022,830 | UnrestrictedBOYAmt |
| Unrestricted EOY | $207,238,462 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $212,022,830 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $207,238,462 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $212,022,830 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $211,844,557 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $212,022,830 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $990,508 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $213,013,338 | SubtotalAmt |
| Other Decreases | $5,774,876 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $207,238,462 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CAPITAL GAIN/LOSS FROM SALE OF SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2013-01-01 | AcquiredDt |
| Sold | 2014-07-01 | SoldDt |
| Gross Sales Price | $103,761,242 | GrossSalesPriceAmt |
| Cost Or Other Basis | $88,795,354 | CostOrOtherBasisAmt |
| Gain Or Loss | $14,965,888 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $14,965,888 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $14,965,888 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $11,576,679 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $202,819,976 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.057079 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $11,107,364 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $186,968,425 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059408 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,164,768 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $75,214,135 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.015486 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,590,280 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $70,633,002 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.022515 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,236,155 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $61,359,367 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.036444 | DistributionYr5Rt |
| Total Distribution | 0.190932 | TotalDistributionRt |
| Average Distribution | 0.038186 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $210,988,644 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,056,812 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $152,799 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,209,611 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $9,545,548 | 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 | $152,799 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $152,799 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $152,799 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $146,427 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $200,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $346,427 | TotalPaymentsAndCreditsAmt |
| Overpayment | $193,628 | OverpaymentAmt |
| Applied To ES Tax | $193,628 | AppliedToESTaxAmt |
| Refund | $0 | 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 | 0 | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PITON INVESTMENT FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3036283800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1705 17TH STREET SUITE 200 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80202 | ZIPCode |
| 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DAVE YOUNGGREN | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| CAROL BUSH | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | VP FINANCE & TREASURER | 5.00 | $0 | $0 | $0 |
| SAMUEL GARY | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | CHAIRMAN | 5.00 | $0 | $0 | $0 |
| PAUL ROSSWORK | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | GENERAL COUNSEL & SECRETAR | 5.00 | $0 | $0 | $0 |
| NANCY GARY | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| ROB GARY | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | VICE CHAIRMAN | 5.00 | $0 | $0 | $0 |
| JAMES EMERSON | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | SENIOR VP IMPACT INVESTING | 5.00 | $0 | $0 | $0 |
| KATHERINE PEASE | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | SENIOR VP PHILANTHROPIC INVESTING/POLI | 5.00 | $0 | $0 | $0 |
| MATTHEW BARRY | ||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | VP STRATEGIC ASSESSMENT | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE CAPROCK GROUP | |||||
| 805 WEST IDAHO ST SUITE 200 | BOISE | ID | 83702 | INVESTMENT ADVISORY FEES | $86,667 |
| MONTICELLO ASSOCIATES | |||||
| 1800 LARIMER STREET | DENVER | CO | 80202 | INVESTMENT ADVISORY FEES | $67,164 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION WAS FORMED TO MAKE DISTRIBUTIONS TO EXEMPT ORGANIZATIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $203,799,618 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,650,911 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $751,140 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $214,201,669 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $214,201,669 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,213,025 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $210,988,644 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $10,549,432 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $10,549,432 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $152,799 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $152,799 | TotalTaxAmt |
| Distributable Before Adj | $10,396,633 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $10,396,633 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $10,396,633 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,545,548 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,545,548 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $152,799 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $9,392,749 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $10,396,633 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $1,795,889 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $754,310 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,550,199 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,545,548 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,545,548 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $851,085 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $851,085 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,699,114 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,699,114 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $944,804 | ExcessFromYear2Amt |
| Excess From Year1 | $754,310 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SAMUEL GARY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BESSIE'S HOPE | |||||||
| PO BOX 12675 | DENVER | CO | 80212 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| CHERRY HILLS LAND PRESERVE | |||||||
| PO BOX 522 | ENGLEWOOD | CO | 80151 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| CHILDREN'S OUTREACH PROJECT | |||||||
| 800 PECOS | DENVER | CO | 80221 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| COLORADO BUSINESS HALL OF FAME | |||||||
| 1445 MARKET ST SUITE 200 | DENVER | CO | 80202 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| COLORADO METH PROJECT | |||||||
| PO BOX 689 | BROMFIELD | CO | 80038 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| COLORADO OPEN LANDS | |||||||
| 274 UNION BLVD SUITE 320 | LAKEWOOD | CO | 80228 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| CREATIVE ADOPTIONS INC | |||||||
| 4251 KIPLING ST SUITE 560 | WHEAT RIDGE | CO | 80033 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| FLATHEAD LAKERS | |||||||
| PO BOX 70 | POLSON | MT | 59860 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $1,000 |
| GENEVA GLENCAMP | |||||||
| PO BOX 248 | INDIAN HILLS | CO | 80454 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| GREATER POLSON COMMUNITY FOUNDATION | |||||||
| PO BOX 314 | POLSON | MT | 59860 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $1,000 |
| GUIDESTONE | |||||||
| PO BOX 1056 | SALIDA | CO | 81201 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| HIGH COUNTRY NEWS | |||||||
| PO BOX 1090 | PAONIA | CO | 81428 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $2,500 |
| LITTLETON TOWN HALL ARTS CENTER | |||||||
| 2450 W MAIN STREET | LITTLETON | CO | 80120 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| MACKINTOSH ACADEMY | |||||||
| 7018 S PRINCE STREET | LITTLETON | CO | 80120 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $10,000 |
| MOUNTAIN STATES CHILDREN'S HOME | |||||||
| PO BOX 1097 | LONGMONT | CO | 80502 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| NATIONAL JEWISH HEALTH | |||||||
| PO BOX 5898 | DENVER | CO | 80217 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $2,000 |
| NATIONAL LOW INCOME HOUSING COALITION | |||||||
| 727 15TH ST NW 6TH FLOOR | WASHINGTON | CO | 20005 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $1,000 |
| NATIONAL OUTDOOR LEADERSHIP SCHOOL | |||||||
| 284 LINCOLN ST | LANDER | WY | 82520 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $2,000 |
| NATURAL RESOURCES DEFENSE COUNCIL | |||||||
| 40 WEST 20TH STREET | NEW YORK | NY | 10011 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| RACE TO ERASE MS | |||||||
| 1875 CENTURY PARK EST SUITE 980 | LOS ANGELES | CA | 90067 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $1,500 |
| REGIS UNIVERSITY | |||||||
| 3333 REGIS UNIVERSITY BLVD B-16 | DENVER | CO | 80221 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $500 |
| SHILOH HOME INC | |||||||
| 6588 W OTTAWA AVE | LITTLETON | CO | 80123 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| SLOW MONEY | |||||||
| PO BOX 2231 | BOULDER | CO | 80306 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $5,000 |
| THE HOTCHKISS FUND | |||||||
| 11 INTERLAKEN ROAD | LAKEVILLE | CT | 06039 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $1,000 |
| THE PITON FOUNDATION | |||||||
| 1705 17TH ST SUITE 200 | DENVER | CO | 80202 | N/A | POF | PAY RENT ON BEHALF OF THE PITON FOUNDATION | $15,750 |
| THE PITON FOUNDATION | |||||||
| 1705 17TH ST SUITE 200 | DENVER | CO | 80202 | N/A | POF | PROVIDE GENERAL OPERATING SUPPORT | $9,400,000 |
| UNIVERSITY OF MONTANA FOUNDATION | |||||||
| 32125 BIO STATION LANE | POLSON | MT | 59860 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $2,000 |
| WARREN VILLAGE | |||||||
| 1323 GILPIN STREET | DENVER | CO | 80218 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $2,000 |
| YOUTH DIRECTIONS INC | |||||||
| 1400 SIMMS STREET 230 | GOLDEN | CO | 80401 | N/A | PC | PROVIDE GENERAL OPERATING SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,490,750 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PITON FOUNDATION | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1705 17TH ST SUITE 200 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | POF | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | PROVIDE GENERAL OPERATING SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $4,600,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,600,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,680,529 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $14,965,888 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME/(LOSS) | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$512,490 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $16,133,927 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,133,927 | 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 FEES | CategoryTxt |
| Amt | $4,500 | Amt |
| Net Investment Income | $2,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,250 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| THE PITON FOUNDATION | ||||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | 2014-03-01 | $14,000,000 | THE GRANT WAS MADE TO PROVIDE GENERAL OPERATING SUPPORT TO THE PITON FOUNDATION. | $9,400,000 | DECEMBER 31, 2014 | 2014-12-31 | AS OF NOVEMBER 30, 2014, $9,400,000 WAS DISTRIBUTED TO THE PITON FOUNDATION. AS OF AN INTERIM REPORT RECEIVED FROM THE GRANTEE ON DECEMBER 31, 2014, $6,653,824 WAS REDISTRIBUTED OUT OF CORPUS IN ACCORDANCE WITH THE TERMS OF THE GRANT AGREEMENT BY NOVEMBER 30, 2014. TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART OF THE GRANT HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| THE PITON FOUNDATION | ||||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | 2013-05-02 | $10,000,000 | THE GRANT WAS MADE TO PROVIDE GENERAL OPERATING SUPPORT TO THE PITON FOUNDATION. | $10,000,000 | DECEMBER 31, 2014 | 2014-12-31 | AS OF AN INTERIM REPORT RECEIVED FROM THE GRANTEE ON DECEMBER 31, 2014, ALL FUNDS WERE REDISTRIBUTED OUT OF CORPUS IN ACCORDANCE WITH THE TERMS OF THE GRANT AGREEMENT BY NOVEMBER 30, 2014. TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART OF THE GRANT HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| THE PITON FOUNDATION | ||||||||||
| 1705 17TH STREET SUITE 200 | DENVER | CO | 80202 | 2013-11-04 | $1,000,000 | THE GRANT WAS MADE TO PROVIDE GENERAL OPERATING SUPPORT TO THE PITON FOUNDATION. | $1,000,000 | DECEMBER 31, 2014 | 2014-12-31 | AS OF AN INTERIM REPORT RECEIVED FROM THE GRANTEE ON DECEMBER 31, 2014, ALL FUNDS WERE REDISTRIBUTED OUT OF CORPUS AS OF NOVEMBER 30, 2014. TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART OF THE GRANT HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PIMCO SHORT TERM FUND | $0 | $0 |
| SNW ASSET MANAGEMENT LLC | $59,705,499 | $59,705,499 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CREDIT SUISSE LATEEF MGT | $0 | $0 |
| SEMPER VIC PARTNERS FUND | $15,277,279 | $15,277,279 |
| DAVIDSON KEMPNER FUND | $11,837,378 | $11,837,378 |
| VIKING GLOBAL FUND | $14,718,947 | $14,718,947 |
| BAIN CAPITAL ABSOLUTE RETURN | $0 | $0 |
| KING STREET CAPITAL HSBC FUND | $18,901,094 | $18,901,094 |
| CLOUGH OFFSHORE FUND | $0 | $0 |
| ICAP OFFSHORE FUND | $0 | $0 |
| HARBOR INT'L FUND | $0 | $0 |
| HIGHFIELDS CAPITAL FUND | $13,653,500 | $13,653,500 |
| CONVEXITY CAPITAL OFFSHORE FUND | $27,110,524 | $27,110,524 |
| LONGLEAF PARTNERS FUND | $0 | $0 |
| INDUS ASIA PACIFIC FUND | $125,487 | $125,487 |
| NEWPORT ASIA INSTITUTIONAL FUND | $0 | $0 |
| CAPITAL GUARDIAN FUND | $0 | $0 |
| DODGE & COX INT'L FUND | $0 | $0 |
| SPINNAKER GLOBAL | $9,279,833 | $9,279,833 |
| APERIO GROUP LLC | $8,029,928 | $8,029,928 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INCOME TAX RECEIVABLE | $37,735 | $0 | $0 |
| DIVIDEND & INTEREST RECEIVABLE | $26,594 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAIN/(LOSS) | Description |
| Amount | $5,774,876 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT EXPENSES | $790,478 | $790,478 | $0 |
| OTHER EXPENSE | $26,970 | $2,697 | $24,273 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME/(LOSS) | Desc |
| Revenue And Expenses Per Books | -$512,490 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$512,490 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$512,490 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $55,475 | $55,475 | $0 |
| PAYROLL TAX | $85 | $9 | $76 |
| EXCISE TAX | $143,829 | $0 | $0 |