2015-11-16T15:10:40-08:00 2014-12-31 990PF 2014-01-01 456794415 James Lee Sorenson Family Foundation JAME 8014901000 299 S Main Street Salt Lake City UT 84111 Paul Ludlow CFO 2015-11-16 2014 2016-04-25 22:37:26Z X 48393607 X X 1307 1307 1287009 1286909 1471887 12958214 1471782 65233 2760203 2825231 18112 13611 230078 230078 51545 10771 159 313505 240849 0 1703000 1703000 2016505 240849 1703000 743698 2584382 2630 1109 1109 2629568 2003163 2003163 1017586 915196 915196 19402306 17925448 17925448 3515182 3389412 3389412 19184095 22068342 22068342 1458747 2090937 2090937 47210114 48393607 48393607 0 X 47210114 48393607 47210114 48393607 47210114 48393607 47210114 743698 450400 48404212 10605 48393607 1471782 false 1366455 43128151 0.03168 12804 1359626 0.00942 0.04110 0.02055 46802340 961835 25844 987679 2361214 X 25844 25844 25844 61503 61503 35659 35659 false false false false false false false false true true UT true false false false false true N/A Paul Ludlow 8014901013 299 S Main Street Suite 2200 Salt Lake City UT 84111 false false false false true false false false false false false true false false false false false false false false false false false false false false James Lee Sorenson 299 S Main Street Suite 2200 Salt Lake City UT 84111 Trustee 5.00 0 NONE Merrill Lynch Wealth Management 101 California Street Ste 2100 San Francisco CA 94111 Investment advice 230078 Waste Ventures: Addressing waste collection problems including reducing greenhouse gases and landfill items. Increasing income and job opportuntities for underprivileged populations. 250000 STI Solutions: Increasing smallholder farmers' efficiency, raising agricultural productivity and increasing livilihoods for the poor. 125000 283214 658214 45349113 1563056 602897 47515066 0 47515066 712726 46802340 2340117 2340117 25844 25844 2314273 26024 2340297 2340297 1703000 658214 2361214 25844 2335370 2340297 2092281 2361214 2092281 0 268933 2071364 James Lee Sorenson X Governors Mansion Foundation 603 E South Templ Salt Lake City UT 84102 PC Artist series sponsorship 5000 The Church of Jesus Christ of LDS 50 E North Temple Salt Lake City UT 84150 PC General support 1000000 Junior Achievement of Utah 515 E 100 S Suite 200 Salt Lake City UT 84102 PC Silent auction fundraiser 3000 VilCap Inc 419 7th Street NW Suite 300 Washington DC 20004 PC Health IT program 200000 Maliheh Free Clinic 415 E 3900 S Salt Lake City UT 84107 PC Healthy families program 10000 Valley Behavioral Health 5965 S 900 E Suite 420 Salt Lake City UT 84121 PC Safe haven program 50000 Ouelessebougou Alliance 5278 S Pinehurst Dr Suite A-130 Murray UT 84123 PC Preventative health delivery system 15000 Capital Institute 73 Arch St Suite 300 Greenwich CT 06830 PC Educating impact entrepreneurs 20000 The Impact Society 370 Lexington Ave Suite 1704 New York NY 10017 PC Developing impact investing institute 100000 University of Utah 540 Arapeen Drive Suite 250 Salt Lake City UT 84108 PC Global Impact Investing Center 300000 1703000 14 1307 14 1287009 18 1471887 Income from passthroughs 2760203 2760203 false false false false false false false false false false Accounting & tax fees 13611 0 0 0 Elevar Equity: Developing essential products and services for disconnected communities in Latin America, Asia and other jurisdictions. 62500 Liberty & Justice: Increasing employment opportunities and access to education and healthcare in developing countries. 75000 WiseBanyon: Improving financial education and literacy and improving lower-income individiuals' access to financial services. 25000 eMoneyPool: Providing assistance to low-income immigrant and minority communities. 25000 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. 95714 Merrill Lynch Wealth Management 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. General Explanation Supplemental Information for Form 990-PF Part I, Line 11 column (b)Explanation: Investment income from K-1 passthrough Comcast Corp 170127 170127 Wachovia Corp 171561 171561 General Electric 170191 170191 AT&T Inc 280389 280389 Boeing Co 292942 292942 JPMorgan Chase & Co 293370 293370 Newmont Mining Corp 325336 325336 Goldman Sachs Group 289674 289674 Kinder Morgan Energy Partners 273111 273111 Waste Management Inc 280646 280646 Hewlett-Packard Co 322084 322084 Watson Pharmaceuticals 245436 245436 Williams Companies Inc 274545 274545 Advent Software Inc 33244 33244 Albemarle Corp 61333 61333 Alexander & Baldwin Inc 41812 41812 Alliant Techsystems Inc 79980 79980 American Eagle Outfitters 1874 1874 Cabelas Inc 39005 39005 Corrections Corp of America 64613 64613 Eaton Vance Corp 36182 36182 Exelis Inc 52362 52362 First India Realty Trust Inc 57506 57506 Kaman Corp 22851 22851 Matson Inc 39422 39422 MBIA Inc 33209 33209 Montpelier RE Holdings 41336 41336 Newmarket Corp 108146 108146 Old Dominion Freight Lines 126398 126398 Pricesmart Inc 65678 65678 Ritchie Brothers Auctioneers 21888 21888 Service Corp Intl 88280 88280 Sturm Ruger & Co 2597 2597 Tejon Ranch Co 27545 27545 Tenet Healthcare Corp 75194 75194 Tredegar Corp Virginia 13314 13314 White Mtns Insurance Group 40957 40957 World Fuel Services Corp 24497 24497 Amazon.com Inc 45621 45621 American Tower Reit Inc 56938 56938 Apple Inc 172303 172303 Biogen Idec Inc 63138 63138 Blackrock Inc 39689 39689 Celgene Corp 86803 86803 Cerner Corp 38537 38537 Costco Wholesale Corp 35012 35012 CVS Caremark Corp 47192 47192 Danaher Corp 35912 35912 Dollar General Corp 34714 34714 Ebay Inc 15826 15826 Ecolab Inc 32192 32192 Facebook Inc 68736 68736 Gilead Sciences Inc 65605 65605 Google Inc CL A 59965 59965 Mastercard Inc 61174 61174 Monsanto Co 74071 74071 Precision Castparts 51067 51067 The Priceline Group Inc 76394 76394 Salesforce.com Inc 46618 46618 SBA Communcations Corp 48734 48734 Starbucks Corp 58830 58830 Ulta Salon Cosmetics 39630 39630 Union Pacific Corp 129137 129137 Visa Inc 131624 131624 Altera Corp 76651 76651 AON PLC 286861 286861 Berkshire Hathaway Inc 337838 337838 Coca Cola 194212 194212 Comcast Corp 189965 189965 Ecolab Inc 198588 198588 Goldman Sachs Group Inc 125990 125990 Google Inc 87559 87559 Liberty Global Inc A 15062 15062 Liberty Global Inc C 246381 246381 Loews Corp 89293 89293 Microsoft Corp 320505 320505 Mondelez International 154381 154381 Morgan Stanley 190120 190120 Nestle SA 127663 127663 Noble Energy Inc 137547 137547 Oracle Corp 402482 402482 Pepsico Inc 156024 156024 Praxair Inc 126321 126321 Thermo Fisher Scientific 109629 109629 Unitedhealth Group Inc 232507 232507 W R Berkley Corp 120461 120461 Wal-Mart Stores Inc 120232 120232 3M Company 86268 86268 Aegon NV 1547 1547 Montpelier RE Holdings 43965 43965 Morgan Stanley Cap VIII 28846 28846 Albemarle Corp 176301 176301 Altria Group 244330 244330 Blackrock Inc 211318 211318 Bristol-Myers Squibb 147044 147044 Chevron Corp 121042 121042 Cinn Fincial Corp 144658 144658 Cisco Systems Inc 138936 138936 Coca Cola 113192 113192 ConocoPhillips 148479 148479 Dominion Res Inc 153416 153416 Duke Energy Corp 100248 100248 Federated Investors B 190401 190401 General Dynamics Corp 187714 187714 Hasbro Inc 201318 201318 Intel Corp 179890 179890 Intl Business Machines 75728 75728 Kinder Morgan Managment 309963 309963 Lorillard Inc 223500 223500 Lowe's Companies Inc 198832 198832 Microsoft Corp 123418 123418 Newmarket Corp 140832 140832 Paychex Inc 138556 138556 Pfizer Inc 187523 187523 Philip Morris Intl Inc 75993 75993 Reynolds American Inc 123270 123270 Verizon Communications 99408 99408 Wells Fargo & Co 233588 233588 Accenture PLC 111191 111191 Affiliated Managers Group 114822 114822 Hospira Inc 156065 156065 Roberthalf Intl Inc 119621 119621 Scripps Networks 120504 120504 Stanley Black & Decker 119716 119716 Wynn Resorts Ltd 137008 137008 Deckers Outdoors Corp 63728 63728 Temper Sealy Intl Inc 63476 63476 Tejon Ranch WT 254 254 Alexion Pharms Inc 53659 53659 American Express Company 38146 38146 Amgen Inc 50495 50495 Applied Material Inc 39822 39822 Arm Holdings PLC 35836 35836 Baidu Inc 54941 54941 Chipotle Mexican Grill 45178 45178 Cognizant Tech Solutions 37705 37705 Delta Air Lines Inc 45353 45353 Walt Disney Co 43798 43798 Hilton Worldwide Holdings 49806 49806 Liberty Global PLC 57634 57634 LinkedIn Corp 58346 58346 McKesson Corporation 73691 73691 Morgan Stanley 42370 42370 Nike Inc 66247 66247 Workday Inc 32236 32236 Zoetis Inc 29303 29303 Anadarko Petroleum Corp 57750 57750 Constellation Brands Inc 147255 147255 Dish Network Corporation 167647 167647 Twenty-First Century Fox A 110837 110837 Twenty-First Century Fox B 256386 256386 Carnival Corp 179416 179416 Corning Inc 176446 176446 Corrections Corp of America 140599 140599 Ametek Inc 154048 154048 Aon PLC 110098 110098 T Rowe Price Group 68602 68602 Trimble Nav LTD 121659 121659 Twenty-First Century Fox Inc 73430 73430 Wabtec 138676 138676 Dana Hldg Corp 1826 1826 Orbital Sciences Corp 19764 19764 Abbvie Inc 36843 36843 Adobe Sys Del PV 43329 43329 Alibaba Group Holdings 36171 36171 Comcast Corp 41303 41303 Costar Group Inc 29014 29014 Envision Healthcare Hldg 25428 25428 Google Inc CL C 59483 59483 Honeywell Intl Inc 54956 54956 MGM Resorts International 11588 11588 Nielsen NV 35739 35739 PPG Industries Inc 29587 29587 Servicenow Inc 36096 36096 Splunk Inc 15327 15327 Tesla Motors Inc 26244 26244 Texas Instruments 28604 28604 Twitter Inc 25791 25791 Under Armour Inc 15889 15889 Unitedhealth Group Inc 57621 57621 Whole Foods Mkt Inc 30756 30756 Amazon.Com Inc 108623 108623 Citigroup Inc 292194 292194 Google Inc CL C 86856 86856 JPMorgan Chase & Co 56322 56322 Valeant Pharmaceuticals 114488 114488 Wells Fargo Company 31370 31370 Eli Lilly & Co 169163 169163 The Mosaic Company 109834 109834 Windstream Holdings Inc 129961 129961 Celgene Corp 136357 136357 Danaher Corp 115537 115537 Jones Lang Lasalle Inc 107200 107200 Nielsen NV 105339 105339 Towers Watson & Co 133314 133314 Capital One Financial 129500 129500 JP Morgan Chase & Co 132100 132100 The Allstate Corporation 131650 131650 915196 915196 Eaton Vance Capital SMID Cap Fund FMV 1826840 1826840 IVA Worldwide Fund FMV 2118126 2118126 First Eagle Global FMV 2111990 2111990 Matthews Asian Growth and Income Fund FMV 584449 584449 Matthews Pacific Tiger FMV 646463 646463 Oppenheimer Developing Markets FMV 1094048 1094048 Templeton Global Bond Fund FMV 1428359 1428359 Ridgeworth High Income Fund FMV 332269 332269 Eaton Vance Floating Rate Fund FMV 318280 318280 iShares Russell 1000 FMV 3370618 3370618 CSP III Distressed Opp Fund FMV 205149 205149 iShares MSCI EAFE FMV 378106 378106 Vanguard REIT ETF FMV 218466 218466 Sirios Access LTD FMV 229084 229084 Vanguard FTSE Developed FMV 856088 856088 ESG Cross Border Equity FMV 217035 217035 Doubleline Total Return FMV 257764 257764 Metropolitan West Total Return FMV 257976 257976 Unsettled securities trades FMV 22242 22242 Ascend Access LTD FMV 718940 718940 Brevan Howard Multi-Strategy FMV 818631 818631 Carlson Double Black Diamond FMV 1098338 1098338 OZOFII Access LTD FMV 1398124 1398124 ML Winton Futures Access FMV 495564 495564 SLP IV Technology Fund FMV 98229 98229 Czech II Senior Loan Trust FMV 243638 243638 Blackstone Strategic Partners LP FMV 30000 30000 Elements-Rogers Tr FMV 523730 523730 Legal 18112 0 0 0 Mediconnect escrow 580655 580655 580655 Bank charges 142 Postage 17 Investment advisory fees 230078 230078 0 0 Federal taxes 50500 Foreign taxes 1045 10771