SJ AND JESSIE E QUINNEY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- SJ AND JESSIE E QUINNEY FOUNDATION (EIN 87-0389312)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201543209349101699
- 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
- Gain Loss Sale Other Assets Sch
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T10:25:25-08:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUESCH & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 SOUTH 200 EAST SUITE 150 | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841111417 | 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 | 870389312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SJ and Jessie E Quinney Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SJAN | BusinessNameControlTxt |
| Phone | 8015321500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 45385 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841450385 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HERBERT C LIVSEY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8015321500 | PhoneNum |
| Signature | 2015-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHORTNEY B RUESCH CPA | PreparerPersonNm |
| Phone | 8018729798 | PhoneNum |
| Preparation | 2015-11-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $52,327,030 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,674,946 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,674,946 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,696,321 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,542,882 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,696,321 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,371,267 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,371,267 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $44,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $35,600 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $8,900 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $97,557 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $9,756 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $87,801 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $170,604 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $153,544 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $17,060 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $260,177 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $234,159 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $26,018 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $39,750 | InterestRevAndExpnssAmt |
| Interest Dsbrs Chrtbl | $39,750 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $32,477 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $17,477 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $68,687 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $60,145 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,542 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $713,752 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $510,681 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $188,071 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,890,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,890,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,603,952 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $510,681 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,078,271 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$232,685 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,860,586 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,046,467 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,521,805 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,521,805 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $4,859,616 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $3,809,498 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $3,811,741 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $167,297 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $161,590 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $164,177 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $19,242,592 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,240,547 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $33,929,903 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,406,809 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $345,805 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $354,670 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,361,527 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,004,899 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,544,734 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $33,084,308 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,084,144 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $52,327,030 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $900,000 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $900,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $32,184,308 | CapitalStockBOYAmt |
| Capital Stock EOY | $34,084,144 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $32,184,308 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $34,084,144 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $33,084,308 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $34,084,144 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $32,184,308 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$232,685 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,134,404 | OtherIncreasesAmt |
| Subtotal | $34,086,027 | SubtotalAmt |
| Other Decreases | $1,883 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $34,084,144 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Short Term Capital Gains | P | 2014-06-30 | 2014-12-31 | $8,053,047 | $0 | $8,009,414 | $43,633 | $0 | $0 | $0 | $43,633 |
| Long Term Capital Gains | P | 2013-12-30 | 2014-12-31 | $11,440,254 | $0 | $9,837,148 | $1,603,106 | $0 | $0 | $0 | $1,603,106 |
| Long Term Capital Gains Distributions | P | 2013-12-30 | 2014-12-31 | $49,582 | $0 | $0 | $49,582 | $0 | $0 | $0 | $49,582 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,696,321 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $43,633 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Adjusted Qlfy Distri Yr1 | $2,730,912 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $49,686,620 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.054963 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,191,921 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $41,250,472 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.028895 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,387,700 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $40,808,975 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.058509 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,886,182 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $37,471,574 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.050336 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,247,208 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $36,939,493 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.060835 | DistributionYr5Rt |
| Total Distribution | 0.253538 | TotalDistributionRt |
| Average Distribution | 0.050708 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $50,220,734 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,546,593 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $28,606 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,575,199 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,078,271 | 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 | $28,606 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,606 | SubtotalAmt |
| Tax Based On Investment Income | $28,606 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $40,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $20,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $60,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$60,000 | OriginalReturnOverpaymentAmt |
| Overpayment | $31,394 | OverpaymentAmt |
| Applied To ES Tax | $31,394 | 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 | UT | 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 | Herbert C Livsey | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8015321500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 S State St Ste 1400 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 841111417 | 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 |
| 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 (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| FREDERICK Q LAWSON | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $3,500 | $0 | $0 |
| DAVID E QUINNEY | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 1.50 | $5,250 | $0 | $0 |
| PETER Q LAWSON | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $3,250 | $0 | $0 |
| ELLEN E ROSSI | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $5,500 | $0 | $0 |
| DAVID E QUINNEY III | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 2.50 | $4,500 | $0 | $0 |
| STEPHEN B NEBEKER | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.50 | $3,250 | $0 | $0 |
| CLARK P GILES | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 1.50 | $4,500 | $0 | $0 |
| HERBERT C LIVSEY | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 2.50 | $5,500 | $0 | $0 |
| CHARLES H LIVSEY | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Trustee/Director | 2.50 | $7,250 | $0 | $0 |
| IRA B RUBINFELD | ||||||||
| PO Box 45385 | Salt Lake City | UT | 841450385 | Director | 1.00 | $2,000 | $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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ray Quinney & Nebeker PC | |||||
| PO Box 45385 | Salt Lake City | UT | 84145 | Legal, Tax and Accounting | $97,557 |
| Maywood Trust Company LLC | |||||
| 3753 Howard Hughes Pkwy Suite 200 | Las Vegas | NV | 89169 | Accounting and Investment Services | $155,988 |
| Morgan Stanley | |||||
| 90 S 400 W Suite 300 | Salt Lake City | UT | 84101 | Investment Management Services | $260,177 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $45,691,943 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,293,574 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,985,517 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $50,985,517 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $764,783 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,220,734 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,511,037 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,511,037 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,606 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,606 | TotalTaxAmt |
| Distributable Before Adj | $2,482,431 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,482,431 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,482,431 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,078,271 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,078,271 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $28,606 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,049,665 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,482,431 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $387,723 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $387,723 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,078,271 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,482,431 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $595,840 | RemainingDistriFromCorpusAmt |
| Total Corpus | $983,563 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $983,563 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $387,723 | ExcessFromYear3Amt |
| Excess From Current Year | $595,840 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Alf Engen Ski Museum Foundation | ||||||
| PO Box 980187 | Park City | UT | 84098 | Public Charity | General Financial Support | $3,500 |
| Ballet West | ||||||
| 50 W 200 S | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $1,069,200 |
| Guadalupe Schools | ||||||
| 340 S Goshen St | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $16,000 |
| Junior Achievement of Utah Inc | ||||||
| 641 E South Temple | Salt Lake City | UT | 841021153 | Public Charity | General Financial Support | $10,000 |
| Moab Music Festival | ||||||
| 58 E 300 S | Moab | UT | 84532 | Public Charity | General Financial Support | $6,000 |
| Neighborhood House | ||||||
| 1050 W 500 S | Salt Lake City | UT | 84104 | Public Charity | General Financial Support | $6,000 |
| Planned Parenthood Association of Utah | ||||||
| 654 S 900 E | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $3,000 |
| Sundance Institute | ||||||
| PO Box 684429 | Park City | UT | 84060 | Public Charity | General Financial Support | $22,000 |
| The Henry's Fork Foundation Inc | ||||||
| PO Box 550 | Ashton | ID | 83420 | Public Charity | General Financial Support | $3,500 |
| The Nature Conservancy of Idaho | ||||||
| 116 First Avenue North | Haley | ID | 83333 | Public Charity | General Financial Support | $3,500 |
| The Nature Conservancy of Utah | ||||||
| 559 E South Temple | Salt Lake City | UT | 84102 | Public Charity | General Financial Support | $3,500 |
| University of Utah - University Development Office | ||||||
| 304 Park Building | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $1,572,000 |
| Utah Shakespearean Festival | ||||||
| 351 W Center Street | Cedar City | UT | 84720 | Public Charity | General Financial Support | $9,000 |
| Utah State University Nora Eccles Harrison Museum of Art | ||||||
| 1400 Old Main Hill | Logan | UT | 843221400 | Public Charity | General Financial Support | $4,000 |
| Utah Symphony and Opera | ||||||
| 123 W South Temple | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $47,000 |
| Utah Food Bank | ||||||
| 3150 S 900 W | Salt Lake City | UT | 84119 | Public Charity | General Financial Support | $4,000 |
| Friends of Moab Canyonlands Health Care | ||||||
| 4535 Pueblo Verde Dr | Moab | UT | 845323328 | Public Charity | General Financial Support | $40,000 |
| Utah Film Center | ||||||
| 210 E 400 S | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $7,000 |
| Brigham Young University | ||||||
| KBYU Broadcasting | Provo | UT | 84602 | Public Charity | General Financial Support | $4,000 |
| Jordan Valley Conservation Gardens Foundation | ||||||
| 8275 S 1300 W | West Jordan | UT | 84088 | Public Charity | General Financial Support | $2,000 |
| Learning Disabilties Association of Utah | ||||||
| PO Box 900726 | Sandy | UT | 840900726 | Public Charity | General Financial Support | $8,000 |
| Utah Land Use Institute | ||||||
| 136 E South Temple Suite 2400 | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $10,000 |
| Utah Open Lands | ||||||
| 2188 S Highland Drive | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $5,000 |
| Visual Art Institute | ||||||
| 2901 S Highland Dr | Salt Lake City | UT | 84106 | Public Charity | General Financial Support | $20,000 |
| Wasatch Canyons Foundation | ||||||
| 36 S State Street Suite 1400 | Salt Lake City | UT | 84111 | Public Charity | General Financial Support | $7,000 |
| We Are Limitless | ||||||
| 10153 1/2 Riverside Drive 752 | Toluca Lake | CA | 91602 | Public Charity | General Financial Support | $3,000 |
| Harvard University | ||||||
| 45 Francis Avenue | Cambridge | MA | 02138 | Public Charity | General Financial Support | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,890,200 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Ballet West | ||||||
| 50 W 200 S | Salt Lake City | UT | 84101 | Public Charity | General Financial Support | $3,809,498 |
| University of Utah - SJ Quinney College of Law | ||||||
| 304 Park Bldg | Salt Lake City | UT | 84112 | Public Charity | General Financial Support | $12,065,025 |
| Utah State University College of Natural Resources | ||||||
| 1400 Old Main Hill | Logan | UT | 84322 | Public Charity | General Financial Support | $11,361,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $27,236,123 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,674,946 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,696,321 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,371,267 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,371,267 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | Dividend and Interest Income is used to help fund grants. |
| 8 | A Portion of Net Capital Gains/Losses may be used to help fund grants. |
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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Maywood Trust Company LLC Banking and Accounting | $155,988 | $140,389 | $15,599 |
| Ruesch and Company LLC Accounting and Tax | $14,616 | $13,155 | $1,461 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Capital Assets - Stocks, Bonds, and Funds | AssetDesc |
| Gross Sales Price | $19,542,882 | GrossSalesPriceAmt |
| Basis | $17,846,561 | BasisAmt |
| Total Net | $1,696,321 | TotalNetAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Ray Quinney & Nebeker PC Legal and Trust Administration | CategoryTxt |
| Legal Fees | $97,557 | LegalFeesAmt |
| Net Investment Income | $9,756 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $87,801 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior Period Adjustments | Desc |
| Amt | $1,883 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| D&O Insurance | $1,753 | $1,578 | $175 |
| Expenses from K-1s | $66,934 | $58,567 | $8,367 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Unrealized Gain of Grants Given in Stock | $2,130,700 |
| Items Taxable in a Prior Year | $3,704 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Morgan Stanley Investment Management Fees | CategoryTxt |
| Amt | $260,177 | Amt |
| Net Investment Income | $234,159 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $26,018 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Foreign Tax Paid | $17,477 | $17,477 |
| Income Tax | $15,000 |