THOMAS R BROWN FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THOMAS R BROWN FOUNDATION (EIN 46-0512598)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-12
- IRS object ID
- 201523169349100047
- 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
- Compensation Explanation
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-12T12:34:04-08:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HBL CPAs PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5656 E Grant Rd Ste 200 | AddressLine1Txt |
| City | Tucson | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85712 | 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 | 460512598 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS R BROWN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 5202982828 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 31930 | AddressLine1Txt |
| City | Tucson | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85751 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mary B Bernal | PersonNm |
| Person Title | CEO/Secretary | PersonTitleTxt |
| Signature | 2015-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J DEVRIES | PreparerPersonNm |
| PTIN | P00748581 | PTIN |
| Phone | 5208863181 | 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 | $1,183,599 | 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 | $49,260 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $49,260 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,091 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $679,746 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $46,709 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $55,351 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $95,969 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $8,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $8,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $54,591 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $34,665 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $282 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $14,498 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,249 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $248,501 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,925 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $268,356 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,359 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $850 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $52,886 | OccupancyRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $47,114 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $47,031 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $5,514 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $5,433 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $35,373 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $28,316 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $468,968 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,174 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $391,801 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $468,968 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,174 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $391,801 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$413,617 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $85,795 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,533 | CashBOYAmt |
| Cash EOY | $12,825 | CashEOYAmt |
| Cash EOYFMV | $12,825 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $314,627 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $150,255 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $150,255 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $22,656 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $25,070 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $25,070 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $1,251,367 | CorporateStockBOYAmt |
| Corporate Stock EOY | $959,362 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $959,362 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $11,329 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $850 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $10,479 | LandEOYAmt |
| Land EOYFMV | $10,479 | LandEOYFMVAmt |
| Other Assets BOY | $15,103 | OtherAssetsBOYAmt |
| Other Assets EOY | $25,608 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $25,608 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,611,286 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,183,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,183,599 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,492 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $11,754 | AccountsPayableEOYAmt |
| Grants Payable BOY | $31,800 | GrantsPayableBOYAmt |
| Other Liabilities BOY | $15 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,301 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $37,307 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,055 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,573,979 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,169,544 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,573,979 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,169,544 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,611,286 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,183,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,573,979 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$413,617 | ExcessRevenueOverExpensesAmt |
| Other Increases | $9,508 | OtherIncreasesAmt |
| Subtotal | $1,169,870 | SubtotalAmt |
| Other Decreases | $326 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,169,544 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $46,709 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $307,479 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,714,972 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.17929 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $296,613 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,959,517 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.15137 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $494,913 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,364,503 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.20931 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $625,096 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,750,098 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.22730 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $724,537 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,746,175 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.41493 | DistributionYr5Rt |
| Total Distribution | 1.18220 | TotalDistributionRt |
| Average Distribution | 0.23644 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,397,827 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $330,502 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $858 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $331,360 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $391,801 | 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 | $858 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $858 | SubtotalAmt |
| Tax Based On Investment Income | $858 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,985 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,985 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,127 | OverpaymentAmt |
| Applied To ES Tax | $1,127 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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 | brownfoundations.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | the Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5202982828 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1996 N Kolb Road | AddressLine1Txt |
| City | Tucson | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85715 | 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 | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Mary B Bernal | ||||||
| PO Box 31930 | Tucson | AZ | 857511930 | CEO/Secretary | 2.00 | $0 |
| Sarah B Smallhouse | ||||||
| PO Box 31930 | Tucson | AZ | 857511930 | Pres/Treasurer | 2.00 | $0 |
| John L Carter | ||||||
| PO Box 31930 | Tucson | AZ | 857511930 | Vice President | 2.00 | $0 |
| Gerald Swanson | ||||||
| PO Box 31930 | Tucson | AZ | 857511930 | Trustee | 2.00 | $8,000 |
| Michael Hard | ||||||
| PO Box 31930 | Tucson | AZ | 857511930 | Trustee | 2.00 | $0 |
| Jack B Jewett | ||||||
| PO Box 31930 | Tucson | AZ | 857511930 | Trustee | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barbara Gray Consulting LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4500 N Avenida Polacca | AddressLine1Txt |
| City | Tucson | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85749 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Consulting | ServiceTypeTxt |
| Compensation | $90,200 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OFFICE OF ECONOMIC EDUCATIONThe Thomas R Brown Foundation (TRBF) continues its work with the Office of Economic Education (OEE) at the University of Arizona in providing outreach programs. TRBF and OEE continue to offer the microeconomic and macroeconomic workshops, which have been so popular since the beginning, taught by award-winning professors and classroom teachers. Additionally, TRBF now provides undergraduate education majors with professional development offerings in economics. Finally, as part of the strategic plan, TRBF/OEE staff have successfully established reliable contacts in the six southern Arizona counties outside of Pima County to assist in building a network with local community colleges, county school superintendents, and district administrators to develop a teaching talent network in southern Arizona. | Description1Txt |
| Expenses1 | $90,344 | Expenses1Amt |
| Description2 | UA BROWN TEACHING FELLOWSThe Thomas R Brown Teaching Fellows program at the University of Arizona (UA) is a three year program to provide the opportunity annually for 4 promising PhD students who are interested in teaching economics to work with an economics professor in supporting the ECON200 course. This improves current UA students' education and helps to develop outstanding teachers of economics. In addition to assisting current UA professors in teaching economic principles, the Fellows also make themselves available to assist with Foundation programs from time to time. The UA has provided feedback that the Fellows "receive very high teaching evaluations when they go on to teach their own classes." The UA has even been informed that one of the past Brown Fellows "was the best teacher he had experienced at the UA." | Description2Txt |
| Expenses2 | $63,830 | Expenses2Amt |
| Description3 | V.O.T.E. (Voices on the Economy) SeriesThe series is designed to provide a better base for understanding civic and government activities by increasing the understanding of how economic principles affect political outcomes without attempting to promote or criticize any specific political viewpoint. These economic perspectives - conservative, liberal and radical - appear both historically and in contemporary political discourse. During the summer, Dr. Amy Cramer teaches a foundational three-day workshop that introduces teachers to the three economic perspectives and how these economic perspectives effect the political action taken on topics such as rent control, minimum wage, consumer regulations and agricultural subsidies. As a sequel to the foundational Markets and Government course taught during the summer, Dr. Cramer has developed a series of topic-based workshops that apply the same economic perspectives to modern political issues such as business cycle stabilization policy, income | Description3Txt |
| Expenses3 | $29,361 | Expenses3Amt |
| Description4 | VIRTUAL ECONOMICSIn 2014, the Thomas R Brown Foundation presented four half-day workshops for current and pre-service teachers to assist them in obtaining and utilizing the Virtual Economics software, a powerful curriculum-building tool. The sessions were designed to provide the resources and lesson plans needed to teach Arizona's economic standards by grade level. Each of the 71 attendees received a complimentary copy of the Virtual Economics software, with lessons for K-12 classes, including over 1,400 reproducible lessons in economics and personal finance aligned to the Arizona Academic Standards. Upon completion of the course, the teachers received a certificate for 3 hours of attendance. | Description4Txt |
| Expenses4 | $7,491 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,107,768 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $261,888 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $49,458 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,419,114 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,419,114 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $21,287 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,397,827 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $69,891 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $391,801 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $391,801 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $858 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $390,943 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2005-01-20 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $391,801 | CurrentYearAmt |
| Year1 | $307,479 | Year1Amt |
| Year2 | $296,613 | Year2Amt |
| Year3 | $494,913 | Year3Amt |
| Total | $1,490,806 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $391,801 | CurrentYearAmt |
| Year1 | $307,479 | Year1Amt |
| Year2 | $296,613 | Year2Amt |
| Year3 | $494,913 | Year3Amt |
| Total | $1,490,806 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $46,594 | CurrentYearAmt |
| Year1 | $57,166 | Year1Amt |
| Year2 | $65,317 | Year2Amt |
| Year3 | $78,816 | Year3Amt |
| Total | $247,893 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Mary B Bernal | ContributingManagerNm |
| Contributing Manager | Sarah B Smallhouse | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $49,260 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,091 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $55,351 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $55,351 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $14,498 | Amt |
| Net Investment Income | $7,249 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gerald Swanson | PersonNm |
| Short Explanation | Gerald Swanson was compensated solely for courses that he taught outside of his role as a trustee. | ShortExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Equities | ||
| Mutual/Index funds | $959,362 | $959,362 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Improvements | CategoryOrItemTxt |
| Cost Or Other Basis | $11,329 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $850 | AccumulatedDepreciationAmt |
| Book Value | $10,479 | BookValueAmt |
| EOYFMV | $10,479 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $282 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt | BOY Book ValueBOYBookValueAmt |
|---|---|---|---|
| DEPOSITS | $2,125 | $2,125 | |
| EXCISE TAX RECOVERABLE | $300 | $300 | |
| Net Intangible Assets | $23,183 | $23,183 | $15,103 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Amortization | $1,320 | |
| Business Expenses | $293 | $283 |
| Computer/internet expense | $1,210 | $1,210 |
| Dues, subscriptions and reference | $1,787 | $1,787 |
| Insurance | $1,527 | |
| Postage and delivery | $442 | $242 |
| Supplies | $28,794 | $24,794 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| EXCISE TAXES PAYABLE | $15 | |
| DUE TO RELATED ENTITY | $2,301 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Financial Management | $2,925 | $2,925 | $0 | $0 |
| Technical Contract Labor | $245,576 | $0 | $0 | $236,556 |
| Technical Labor Accrued @12/31/13 | $0 | $0 | $31,800 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $1,359 | Amt |