JAMES LEE SORENSON FAMILY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- JAMES LEE SORENSON FAMILY FOUNDATION (EIN 45-6794415)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201543209349103349
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T15:10:40-08:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456794415 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Lee Sorenson Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JAME | BusinessNameControlTxt |
| Phone | 8014901000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 S Main Street | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul Ludlow | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2015-11-16 | SignatureDt |
| 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 | $48,393,607 | 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 |
| Interest On Sav Rev And Expnss | $1,307 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,307 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,287,009 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,286,909 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,471,887 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,958,214 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,471,782 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Net Invst Incm | $65,233 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,760,203 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,825,231 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $18,112 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $13,611 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $230,078 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $230,078 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $51,545 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,771 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $159 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $313,505 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $240,849 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,703,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,703,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,016,505 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $240,849 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,703,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $743,698 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,584,382 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,630 | CashBOYAmt |
| Cash EOY | $1,109 | CashEOYAmt |
| Cash EOYFMV | $1,109 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,629,568 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,003,163 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,003,163 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,017,586 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $915,196 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $915,196 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $19,402,306 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,925,448 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,925,448 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,515,182 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,389,412 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,389,412 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $19,184,095 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $22,068,342 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $22,068,342 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,458,747 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,090,937 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,090,937 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $47,210,114 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,393,607 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $48,393,607 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $47,210,114 | RetainedEarningBOYAmt |
| Retained Earning EOY | $48,393,607 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $47,210,114 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,393,607 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $47,210,114 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,393,607 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $47,210,114 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $743,698 | ExcessRevenueOverExpensesAmt |
| Other Increases | $450,400 | OtherIncreasesAmt |
| Subtotal | $48,404,212 | SubtotalAmt |
| Other Decreases | $10,605 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $48,393,607 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,471,782 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,366,455 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $43,128,151 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.03168 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $12,804 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,359,626 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.00942 | DistributionYr2Rt |
| Total Distribution | 0.04110 | TotalDistributionRt |
| Average Distribution | 0.02055 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $46,802,340 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $961,835 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $25,844 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $987,679 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,361,214 | 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 | $25,844 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $25,844 | SubtotalAmt |
| Tax Based On Investment Income | $25,844 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $61,503 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $61,503 | TotalPaymentsAndCreditsAmt |
| Overpayment | $35,659 | OverpaymentAmt |
| Applied To ES Tax | $35,659 | 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 | 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 | Paul Ludlow | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8014901013 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 S Main Street Suite 2200 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James Lee Sorenson | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 S Main Street Suite 2200 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| 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 | Merrill Lynch Wealth Management | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 California Street Ste 2100 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment advice | ServiceTypeTxt |
| Compensation | $230,078 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Waste Ventures: Addressing waste collection problems including reducing greenhouse gases and landfill items. Increasing income and job opportuntities for underprivileged populations. | Description1Txt |
| Expenses1 | $250,000 | Expenses1Amt |
| Description2 | STI Solutions: Increasing smallholder farmers' efficiency, raising agricultural productivity and increasing livilihoods for the poor. | Description2Txt |
| Expenses2 | $125,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $283,214 | AllOtherProgramRltdInvstTotAmt |
| Total | $658,214 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $45,349,113 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,563,056 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $602,897 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,515,066 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $47,515,066 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $712,726 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,802,340 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,340,117 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,340,117 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,844 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,844 | TotalTaxAmt |
| Distributable Before Adj | $2,314,273 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $26,024 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,340,297 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,340,297 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,703,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $658,214 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,361,214 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $25,844 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,335,370 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,340,297 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,092,281 | UndistributedIncomePYAmt |
| Qualifying Distributions | $2,361,214 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,092,281 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $268,933 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,071,364 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | James Lee Sorenson | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Governors Mansion Foundation | ||||||
| 603 E South Templ | Salt Lake City | UT | 84102 | PC | Artist series sponsorship | $5,000 |
| The Church of Jesus Christ of LDS | ||||||
| 50 E North Temple | Salt Lake City | UT | 84150 | PC | General support | $1,000,000 |
| Junior Achievement of Utah | ||||||
| 515 E 100 S Suite 200 | Salt Lake City | UT | 84102 | PC | Silent auction fundraiser | $3,000 |
| VilCap Inc | ||||||
| 419 7th Street NW Suite 300 | Washington | DC | 20004 | PC | Health IT program | $200,000 |
| Maliheh Free Clinic | ||||||
| 415 E 3900 S | Salt Lake City | UT | 84107 | PC | Healthy families program | $10,000 |
| Valley Behavioral Health | ||||||
| 5965 S 900 E Suite 420 | Salt Lake City | UT | 84121 | PC | Safe haven program | $50,000 |
| Ouelessebougou Alliance | ||||||
| 5278 S Pinehurst Dr Suite A-130 | Murray | UT | 84123 | PC | Preventative health delivery system | $15,000 |
| Capital Institute | ||||||
| 73 Arch St Suite 300 | Greenwich | CT | 06830 | PC | Educating impact entrepreneurs | $20,000 |
| The Impact Society | ||||||
| 370 Lexington Ave Suite 1704 | New York | NY | 10017 | PC | Developing impact investing institute | $100,000 |
| University of Utah | ||||||
| 540 Arapeen Drive Suite 250 | Salt Lake City | UT | 84108 | PC | Global Impact Investing Center | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,703,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,307 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,287,009 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,471,887 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Income from passthroughs | Desc |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,760,203 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,760,203 | 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 & tax fees | CategoryTxt |
| Amt | $13,611 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. | $62,500 |
| Liberty & Justice: Increasing employment opportunities and access to education and healthcare in developing countries. | $75,000 |
| WiseBanyon: Improving financial education and literacy and improving lower-income individiuals' access to financial services. | $25,000 |
| eMoneyPool: Providing assistance to low-income immigrant and minority communities. | $25,000 |
| VilCap Investments: Investing in positive social and/or environmental impact companies for such purposes as clean energy, increasing access to education and healthcare, and improving livelihoods of underprivileged populations. | $95,714 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Merrill Lynch Wealth Management | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | The foundation paid fees to Merrill Lynch for investment advisory services. The fees were determined at arms length and represent fair market value for the services rendered. | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | Part I, Line 11 column (b)Explanation: Investment income from K-1 passthrough | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Comcast Corp | $170,127 | $170,127 |
| Wachovia Corp | $171,561 | $171,561 |
| General Electric | $170,191 | $170,191 |
| AT&T Inc | $280,389 | $280,389 |
| Boeing Co | $292,942 | $292,942 |
| JPMorgan Chase & Co | $293,370 | $293,370 |
| Newmont Mining Corp | $325,336 | $325,336 |
| Goldman Sachs Group | $289,674 | $289,674 |
| Kinder Morgan Energy Partners | $273,111 | $273,111 |
| Waste Management Inc | $280,646 | $280,646 |
| Hewlett-Packard Co | $322,084 | $322,084 |
| Watson Pharmaceuticals | $245,436 | $245,436 |
| Williams Companies Inc | $274,545 | $274,545 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (185 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Advent Software Inc | $33,244 | $33,244 |
| Albemarle Corp | $61,333 | $61,333 |
| Alexander & Baldwin Inc | $41,812 | $41,812 |
| Alliant Techsystems Inc | $79,980 | $79,980 |
| American Eagle Outfitters | $1,874 | $1,874 |
| Cabelas Inc | $39,005 | $39,005 |
| Corrections Corp of America | $64,613 | $64,613 |
| Eaton Vance Corp | $36,182 | $36,182 |
| Exelis Inc | $52,362 | $52,362 |
| First India Realty Trust Inc | $57,506 | $57,506 |
| Kaman Corp | $22,851 | $22,851 |
| Matson Inc | $39,422 | $39,422 |
| MBIA Inc | $33,209 | $33,209 |
| Montpelier RE Holdings | $41,336 | $41,336 |
| Newmarket Corp | $108,146 | $108,146 |
| Old Dominion Freight Lines | $126,398 | $126,398 |
| Pricesmart Inc | $65,678 | $65,678 |
| Ritchie Brothers Auctioneers | $21,888 | $21,888 |
| Service Corp Intl | $88,280 | $88,280 |
| Sturm Ruger & Co | $2,597 | $2,597 |
| Tejon Ranch Co | $27,545 | $27,545 |
| Tenet Healthcare Corp | $75,194 | $75,194 |
| Tredegar Corp Virginia | $13,314 | $13,314 |
| White Mtns Insurance Group | $40,957 | $40,957 |
| World Fuel Services Corp | $24,497 | $24,497 |
| Amazon.com Inc | $45,621 | $45,621 |
| American Tower Reit Inc | $56,938 | $56,938 |
| Apple Inc | $172,303 | $172,303 |
| Biogen Idec Inc | $63,138 | $63,138 |
| Blackrock Inc | $39,689 | $39,689 |
| Celgene Corp | $86,803 | $86,803 |
| Cerner Corp | $38,537 | $38,537 |
| Costco Wholesale Corp | $35,012 | $35,012 |
| CVS Caremark Corp | $47,192 | $47,192 |
| Danaher Corp | $35,912 | $35,912 |
| Dollar General Corp | $34,714 | $34,714 |
| Ebay Inc | $15,826 | $15,826 |
| Ecolab Inc | $32,192 | $32,192 |
| Facebook Inc | $68,736 | $68,736 |
| Gilead Sciences Inc | $65,605 | $65,605 |
| Google Inc CL A | $59,965 | $59,965 |
| Mastercard Inc | $61,174 | $61,174 |
| Monsanto Co | $74,071 | $74,071 |
| Precision Castparts | $51,067 | $51,067 |
| The Priceline Group Inc | $76,394 | $76,394 |
| Salesforce.com Inc | $46,618 | $46,618 |
| SBA Communcations Corp | $48,734 | $48,734 |
| Starbucks Corp | $58,830 | $58,830 |
| Ulta Salon Cosmetics | $39,630 | $39,630 |
| Union Pacific Corp | $129,137 | $129,137 |
| Visa Inc | $131,624 | $131,624 |
| Altera Corp | $76,651 | $76,651 |
| AON PLC | $286,861 | $286,861 |
| Berkshire Hathaway Inc | $337,838 | $337,838 |
| Coca Cola | $194,212 | $194,212 |
| Comcast Corp | $189,965 | $189,965 |
| Ecolab Inc | $198,588 | $198,588 |
| Goldman Sachs Group Inc | $125,990 | $125,990 |
| Google Inc | $87,559 | $87,559 |
| Liberty Global Inc A | $15,062 | $15,062 |
| Liberty Global Inc C | $246,381 | $246,381 |
| Loews Corp | $89,293 | $89,293 |
| Microsoft Corp | $320,505 | $320,505 |
| Mondelez International | $154,381 | $154,381 |
| Morgan Stanley | $190,120 | $190,120 |
| Nestle SA | $127,663 | $127,663 |
| Noble Energy Inc | $137,547 | $137,547 |
| Oracle Corp | $402,482 | $402,482 |
| Pepsico Inc | $156,024 | $156,024 |
| Praxair Inc | $126,321 | $126,321 |
| Thermo Fisher Scientific | $109,629 | $109,629 |
| Unitedhealth Group Inc | $232,507 | $232,507 |
| W R Berkley Corp | $120,461 | $120,461 |
| Wal-Mart Stores Inc | $120,232 | $120,232 |
| 3M Company | $86,268 | $86,268 |
| Aegon NV | $1,547 | $1,547 |
| Montpelier RE Holdings | $43,965 | $43,965 |
| Morgan Stanley Cap VIII | $28,846 | $28,846 |
| Albemarle Corp | $176,301 | $176,301 |
| Altria Group | $244,330 | $244,330 |
| Blackrock Inc | $211,318 | $211,318 |
| Bristol-Myers Squibb | $147,044 | $147,044 |
| Chevron Corp | $121,042 | $121,042 |
| Cinn Fincial Corp | $144,658 | $144,658 |
| Cisco Systems Inc | $138,936 | $138,936 |
| Coca Cola | $113,192 | $113,192 |
| ConocoPhillips | $148,479 | $148,479 |
| Dominion Res Inc | $153,416 | $153,416 |
| Duke Energy Corp | $100,248 | $100,248 |
| Federated Investors B | $190,401 | $190,401 |
| General Dynamics Corp | $187,714 | $187,714 |
| Hasbro Inc | $201,318 | $201,318 |
| Intel Corp | $179,890 | $179,890 |
| Intl Business Machines | $75,728 | $75,728 |
| Kinder Morgan Managment | $309,963 | $309,963 |
| Lorillard Inc | $223,500 | $223,500 |
| Lowe's Companies Inc | $198,832 | $198,832 |
| Microsoft Corp | $123,418 | $123,418 |
| Newmarket Corp | $140,832 | $140,832 |
| Paychex Inc | $138,556 | $138,556 |
| Pfizer Inc | $187,523 | $187,523 |
| Philip Morris Intl Inc | $75,993 | $75,993 |
| Reynolds American Inc | $123,270 | $123,270 |
| Verizon Communications | $99,408 | $99,408 |
| Wells Fargo & Co | $233,588 | $233,588 |
| Accenture PLC | $111,191 | $111,191 |
| Affiliated Managers Group | $114,822 | $114,822 |
| Hospira Inc | $156,065 | $156,065 |
| Roberthalf Intl Inc | $119,621 | $119,621 |
| Scripps Networks | $120,504 | $120,504 |
| Stanley Black & Decker | $119,716 | $119,716 |
| Wynn Resorts Ltd | $137,008 | $137,008 |
| Deckers Outdoors Corp | $63,728 | $63,728 |
| Temper Sealy Intl Inc | $63,476 | $63,476 |
| Tejon Ranch WT | $254 | $254 |
| Alexion Pharms Inc | $53,659 | $53,659 |
| American Express Company | $38,146 | $38,146 |
| Amgen Inc | $50,495 | $50,495 |
| Applied Material Inc | $39,822 | $39,822 |
| Arm Holdings PLC | $35,836 | $35,836 |
| Baidu Inc | $54,941 | $54,941 |
| Chipotle Mexican Grill | $45,178 | $45,178 |
| Cognizant Tech Solutions | $37,705 | $37,705 |
| Delta Air Lines Inc | $45,353 | $45,353 |
| Walt Disney Co | $43,798 | $43,798 |
| Hilton Worldwide Holdings | $49,806 | $49,806 |
| Liberty Global PLC | $57,634 | $57,634 |
| LinkedIn Corp | $58,346 | $58,346 |
| McKesson Corporation | $73,691 | $73,691 |
| Morgan Stanley | $42,370 | $42,370 |
| Nike Inc | $66,247 | $66,247 |
| Workday Inc | $32,236 | $32,236 |
| Zoetis Inc | $29,303 | $29,303 |
| Anadarko Petroleum Corp | $57,750 | $57,750 |
| Constellation Brands Inc | $147,255 | $147,255 |
| Dish Network Corporation | $167,647 | $167,647 |
| Twenty-First Century Fox A | $110,837 | $110,837 |
| Twenty-First Century Fox B | $256,386 | $256,386 |
| Carnival Corp | $179,416 | $179,416 |
| Corning Inc | $176,446 | $176,446 |
| Corrections Corp of America | $140,599 | $140,599 |
| Ametek Inc | $154,048 | $154,048 |
| Aon PLC | $110,098 | $110,098 |
| T Rowe Price Group | $68,602 | $68,602 |
| Trimble Nav LTD | $121,659 | $121,659 |
| Twenty-First Century Fox Inc | $73,430 | $73,430 |
| Wabtec | $138,676 | $138,676 |
| Dana Hldg Corp | $1,826 | $1,826 |
| Orbital Sciences Corp | $19,764 | $19,764 |
| Abbvie Inc | $36,843 | $36,843 |
| Adobe Sys Del PV | $43,329 | $43,329 |
| Alibaba Group Holdings | $36,171 | $36,171 |
| Comcast Corp | $41,303 | $41,303 |
| Costar Group Inc | $29,014 | $29,014 |
| Envision Healthcare Hldg | $25,428 | $25,428 |
| Google Inc CL C | $59,483 | $59,483 |
| Honeywell Intl Inc | $54,956 | $54,956 |
| MGM Resorts International | $11,588 | $11,588 |
| Nielsen NV | $35,739 | $35,739 |
| PPG Industries Inc | $29,587 | $29,587 |
| Servicenow Inc | $36,096 | $36,096 |
| Splunk Inc | $15,327 | $15,327 |
| Tesla Motors Inc | $26,244 | $26,244 |
| Texas Instruments | $28,604 | $28,604 |
| Twitter Inc | $25,791 | $25,791 |
| Under Armour Inc | $15,889 | $15,889 |
| Unitedhealth Group Inc | $57,621 | $57,621 |
| Whole Foods Mkt Inc | $30,756 | $30,756 |
| Amazon.Com Inc | $108,623 | $108,623 |
| Citigroup Inc | $292,194 | $292,194 |
| Google Inc CL C | $86,856 | $86,856 |
| JPMorgan Chase & Co | $56,322 | $56,322 |
| Valeant Pharmaceuticals | $114,488 | $114,488 |
| Wells Fargo Company | $31,370 | $31,370 |
| Eli Lilly & Co | $169,163 | $169,163 |
| The Mosaic Company | $109,834 | $109,834 |
| Windstream Holdings Inc | $129,961 | $129,961 |
| Celgene Corp | $136,357 | $136,357 |
| Danaher Corp | $115,537 | $115,537 |
| Jones Lang Lasalle Inc | $107,200 | $107,200 |
| Nielsen NV | $105,339 | $105,339 |
| Towers Watson & Co | $133,314 | $133,314 |
| Capital One Financial | $129,500 | $129,500 |
| JP Morgan Chase & Co | $132,100 | $132,100 |
| The Allstate Corporation | $131,650 | $131,650 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $915,196 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $915,196 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Eaton Vance Capital SMID Cap Fund | FMV | $1,826,840 | $1,826,840 |
| IVA Worldwide Fund | FMV | $2,118,126 | $2,118,126 |
| First Eagle Global | FMV | $2,111,990 | $2,111,990 |
| Matthews Asian Growth and Income Fund | FMV | $584,449 | $584,449 |
| Matthews Pacific Tiger | FMV | $646,463 | $646,463 |
| Oppenheimer Developing Markets | FMV | $1,094,048 | $1,094,048 |
| Templeton Global Bond Fund | FMV | $1,428,359 | $1,428,359 |
| Ridgeworth High Income Fund | FMV | $332,269 | $332,269 |
| Eaton Vance Floating Rate Fund | FMV | $318,280 | $318,280 |
| iShares Russell 1000 | FMV | $3,370,618 | $3,370,618 |
| CSP III Distressed Opp Fund | FMV | $205,149 | $205,149 |
| iShares MSCI EAFE | FMV | $378,106 | $378,106 |
| Vanguard REIT ETF | FMV | $218,466 | $218,466 |
| Sirios Access LTD | FMV | $229,084 | $229,084 |
| Vanguard FTSE Developed | FMV | $856,088 | $856,088 |
| ESG Cross Border Equity | FMV | $217,035 | $217,035 |
| Doubleline Total Return | FMV | $257,764 | $257,764 |
| Metropolitan West Total Return | FMV | $257,976 | $257,976 |
| Unsettled securities trades | FMV | $22,242 | $22,242 |
| Ascend Access LTD | FMV | $718,940 | $718,940 |
| Brevan Howard Multi-Strategy | FMV | $818,631 | $818,631 |
| Carlson Double Black Diamond | FMV | $1,098,338 | $1,098,338 |
| OZOFII Access LTD | FMV | $1,398,124 | $1,398,124 |
| ML Winton Futures Access | FMV | $495,564 | $495,564 |
| SLP IV Technology Fund | FMV | $98,229 | $98,229 |
| Czech II Senior Loan Trust | FMV | $243,638 | $243,638 |
| Blackstone Strategic Partners LP | FMV | $30,000 | $30,000 |
| Elements-Rogers Tr | FMV | $523,730 | $523,730 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | CategoryTxt |
| Legal Fees | $18,112 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Mediconnect escrow | Desc |
| BOY Book Value | $580,655 | BOYBookValueAmt |
| EOY Book Value | $580,655 | EOYBookValueAmt |
| EOYFMV | $580,655 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Bank charges | $142 |
| Postage | $17 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment advisory fees | CategoryTxt |
| Amt | $230,078 | Amt |
| Net Investment Income | $230,078 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal taxes | $50,500 | |
| Foreign taxes | $1,045 | $10,771 |