JAMES LEE SORENSON FAMILY FOUNDATION: Form 990PF, tax year 2013
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- Organization
- JAMES LEE SORENSON FAMILY FOUNDATION (EIN 45-6794415)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-14
- IRS object ID
- 201433189349102058
- Schema version
- 2013v3.1
- 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
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-14T16:51:59-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Salt Lake City | City |
| State | UT | State |
| ZIP Code | 84111 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul Ludlow | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2014-11-14 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $47,210,114 | 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 | $5,125 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,125 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $940,333 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $940,333 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $192,527 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,002,624 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,455,399 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Net Invst Incm | $29,162 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,137,985 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,430,019 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $20,333 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $204,043 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $204,043 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $36,244 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,244 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $15,294 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $209 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $276,123 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $205,287 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $510,610 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $510,610 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $786,733 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $205,287 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $510,610 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $351,252 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,224,732 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $325 | CashBOYAmt |
| Cash EOY | $2,630 | CashEOYAmt |
| Cash EOYFMV | $2,630 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,455,610 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,629,568 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,629,568 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,484,003 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,017,586 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,017,586 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $14,210,625 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,402,306 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,402,306 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,693,194 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,515,182 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,515,182 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $14,007,135 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,184,095 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,184,095 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,893,588 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,458,747 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,458,747 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $41,744,480 | TotalAssetsBOYAmt |
| Total Assets EOY | $47,210,114 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $47,210,114 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $41,744,480 | RetainedEarningBOYAmt |
| Retained Earning EOY | $47,210,114 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,744,480 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $47,210,114 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,744,480 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $47,210,114 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,744,480 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $351,252 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,114,382 | OtherIncreasesAmt |
| Subtotal | $47,210,114 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $47,210,114 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,455,399 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $12,804 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,359,626 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.00942 | DistributionYr1Rt |
| Total Distribution | 0.00942 | TotalDistributionRt |
| Average Distribution | 0.00942 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $43,128,151 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $406,138 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $22,247 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $428,385 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,388,702 | 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 | $22,247 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $22,247 | SubtotalAmt |
| Tax Based On Investment Income | $22,247 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $67,250 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $67,250 | TotalPaymentsAndCreditsAmt |
| Overpayment | $45,003 | OverpaymentAmt |
| Applied To ES Tax | $45,003 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Salt Lake City | City |
| State | UT | State |
| ZIP Code | 84111 | ZIPCode |
| 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 | AddressLine1 |
| City | Salt Lake City | City |
| State | UT | State |
| ZIP Code | 84111 | ZIPCode |
| 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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 California Street Ste 2100 | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment advice | ServiceTypeTxt |
| Compensation | $204,043 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NY Social Impact Bond: To lessen the burdens of government by reducing recidivism and increasing employment of formerly incarcertated individuals. | Description1Txt |
| Expenses1 | $253,092 | Expenses1Amt |
| Description2 | Impact Assets Loan: Identifies early stage social purpose ventures that address poverty alleviation and environmental sustainability. | Description2Txt |
| Expenses2 | $250,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $375,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $878,092 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $38,133,711 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,070,559 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $580,655 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $43,784,925 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $43,784,925 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $656,774 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $43,128,151 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,156,408 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,156,408 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,247 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,247 | TotalTaxAmt |
| Distributable Before Adj | $2,134,161 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,134,161 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,134,161 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $510,610 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $878,092 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,388,702 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $22,247 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,366,455 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,134,161 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,346,822 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,388,702 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,346,822 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $41,880 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,092,281 | 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 (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Cause For Hope Foundation | ||||||
| 10421 S Jordan Gateway 660 | South Jordan | UT | 84095 | Public | Orphanage support | $10,610 |
| The Church of Jesus Christ of LDS | ||||||
| 50 E North Temple | Salt Lake City | UT | 84150 | Public | General support | $500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $510,610 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,125 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $940,333 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $192,527 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,137,985 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,137,985 | 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 | $20,333 | 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 (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Worldhaus: Addresses affordable housing in undeveloped countries. | $250,000 |
| Liberty & Justice: Increasing employment opportunities and access to education and healthcare in developing countries. | $125,000 |
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 | BusinessNameLine1 |
| 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 (12 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Comcast Corp | $293,893 | $293,893 |
| Wachovia Corp | $294,260 | $294,260 |
| General Electric | $347,324 | $347,324 |
| AT&T Inc | $285,691 | $285,691 |
| Boeing Co | $298,879 | $298,879 |
| JPMorgan Chase & Co | $298,038 | $298,038 |
| Newmont Mining Corp | $314,971 | $314,971 |
| Goldman Sachs Group | $287,312 | $287,312 |
| Kinder Morgan Energy Partners | $279,681 | $279,681 |
| Waste Management Inc | $270,166 | $270,166 |
| Hewlett-Packard Co | $309,756 | $309,756 |
| Watson Pharmaceuticals | $235,211 | $235,211 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (242 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Advent Software Inc | $47,604 | $47,604 |
| Albemarle Corp | $91,724 | $91,724 |
| Alexander & Baldwin Inc | $59,256 | $59,256 |
| Alleghany Corp | $19,997 | $19,997 |
| American Eagle Outfitters | $24,955 | $24,955 |
| Atwood Oceanics Inc | $84,249 | $84,249 |
| Cabelas Inc | $128,854 | $128,854 |
| Columbia Sportswear Co | $51,581 | $51,581 |
| Corrections Corp of America | $77,609 | $77,609 |
| Eaton Vance Corp | $110,313 | $110,313 |
| Energizer Holdings Inc | $24,246 | $24,246 |
| First India Realty Trust Inc | $66,258 | $66,258 |
| Hatteras Financial Corp | $18,579 | $18,579 |
| Kaman Corp | $31,069 | $31,069 |
| Kraton Performance Polymers | ||
| Martin Marietta Materials | $30,981 | $30,981 |
| Matson Inc | $41,489 | $41,489 |
| MBIA Inc | $56,249 | $56,249 |
| Micrel Inc | $22,385 | $22,385 |
| Montpelier RE Holdings | $45,949 | $45,949 |
| Newmarket Corp | $120,294 | $120,294 |
| Nu Skin Enterprises | $108,226 | $108,226 |
| Old Dominion Freight Lines | $124,650 | $124,650 |
| Pricesmart Inc | $111,612 | $111,612 |
| Ritchie Brothers Auctioneers | $25,521 | $25,521 |
| Service Corp Intl | $87,894 | $87,894 |
| Sturm Ruger & Co | $72,213 | $72,213 |
| Tejon Ranch Co | $46,612 | $46,612 |
| Tenet Healthcare Corp | $75,353 | $75,353 |
| Tredegar Corp Virginia | $54,422 | $54,422 |
| Valueclick Inc | $34,938 | $34,938 |
| White Mtns Insurance Group | $52,468 | $52,468 |
| World Fuel Services Corp | $30,644 | $30,644 |
| Allergan Inc | ||
| Amazon.com Inc | $109,667 | $109,667 |
| American Tower Reit Inc | $38,553 | $38,553 |
| Apple Inc | $76,299 | $76,299 |
| Biogen Idec Inc | $63,183 | $63,183 |
| Blackrock Inc | $50,319 | $50,319 |
| Borg Warner Inc | $39,584 | $39,584 |
| Cabot Oil & Gas Corp | ||
| CBS Corp | $42,706 | $42,706 |
| Celgene Corp | $91,750 | $91,750 |
| Cerner Corp | $33,500 | $33,500 |
| Coach Inc | ||
| Concho Resources Inc | ||
| Costco Wholesale Corp | $28,922 | $28,922 |
| Covidien PLC | ||
| CVS Caremark Corp | $35,356 | $35,356 |
| Danaher Corp | $82,064 | $82,064 |
| Dollar General Corp | $48,678 | $48,678 |
| EMC Corporation Mass | ||
| Ebay Inc | $44,880 | $44,880 |
| Ecolab Inc | $32,115 | $32,115 |
| Edwards Lifesciences Corp | ||
| Express Scripts Holding Co | ||
| Facebook Inc | $51,589 | $51,589 |
| Flour Corp | ||
| FMC Techs Inc | ||
| Franklin Res Inc | ||
| Gilead Sciences Inc | $63,910 | $63,910 |
| Glaxosmithkline PLC | ||
| Google Inc | $127,761 | $127,761 |
| HCA Holdings | ||
| Home Depot Inc | ||
| Intl Business Machines | ||
| Intuit Inc | ||
| Intuitive Surgical Inc | ||
| Las Vegas Sands Corp | ||
| Lauder Estee Cosmetics Inc | $31,785 | $31,785 |
| Lenmar Corp | ||
| Mastercard Inc | $50,963 | $50,963 |
| MCGraw Hill Companies | ||
| Michael Kors Holdings LTD | ||
| Monsanto Co | $89,977 | $89,977 |
| Precision Castparts | $54,129 | $54,129 |
| Priceline.com Inc | $106,941 | $106,941 |
| Qualcomm Inc | $40,169 | $40,169 |
| Ralph Lauren Corp | $29,840 | $29,840 |
| Range Resources Corp | $30,689 | $30,689 |
| Ross Stores Inc | $31,770 | $31,770 |
| Salesforce.com Inc | $77,763 | $77,763 |
| SBA Communcations Corp | $33,420 | $33,420 |
| Sirius XM Radio Inc | ||
| Starbucks Corp | $74,471 | $74,471 |
| Teradata Corp | ||
| Ulta Salon Cosmetics | $24,227 | $24,227 |
| Union Pacific Corp | $106,008 | $106,008 |
| United Technology Corp | $39,147 | $39,147 |
| Unitedhealth Group Inc | ||
| Visa Inc | $115,571 | $115,571 |
| VMWare Inc | ||
| W W Grainger Inc | ||
| Wells Fargo & Co | ||
| Williams Companies | ||
| Yum Brands Inc | ||
| Altera Corp | $83,716 | $83,716 |
| AON PLC | $312,490 | $312,490 |
| Apache Corp | ||
| Berkshire Hathaway Inc | $352,716 | $352,716 |
| Coca Cola | $190,026 | $190,026 |
| Comcast Corp | $209,496 | $209,496 |
| Ecolab Inc | $218,967 | $218,967 |
| Fidelity National Info Svcs | $115,412 | $115,412 |
| Goldman Sachs Group Inc | $141,808 | $141,808 |
| Google Inc | $184,917 | $184,917 |
| Liberty Global Inc A | $26,700 | $26,700 |
| Liberty Global Inc C | $202,368 | $202,368 |
| Loews Corp | $150,750 | $150,750 |
| Mcdonalds Corp | ||
| Microsoft Corp | $284,316 | $284,316 |
| Mondelez International | $150,025 | $150,025 |
| Morgan Stanley | $213,248 | $213,248 |
| Nestle SA | $128,783 | $128,783 |
| News Corp | $22,525 | $22,525 |
| News Corp B | $2,675 | $2,675 |
| Noble Energy Inc | $252,007 | $252,007 |
| Oracle Corp | $388,339 | $388,339 |
| Pepsico Inc | $136,851 | $136,851 |
| Praxair Inc | $152,785 | $152,785 |
| Thermo Fisher Scientific | $130,836 | $130,836 |
| Unitedhealth Group Inc | $195,780 | $195,780 |
| W R Berkley Corp | $101,967 | $101,967 |
| Wal-Mart Stores Inc | $180,987 | $180,987 |
| 3M Company | $73,631 | $73,631 |
| Aegon NV | $1,550 | $1,550 |
| Montpelier RE Holdings | $43,965 | $43,965 |
| Morgan Stanley Cap VIII | $27,274 | $27,274 |
| Albemarle Corp | $185,859 | $185,859 |
| Altria Group | $193,025 | $193,025 |
| Berkshire Hathaway Inc | ||
| Blackrock Inc | $164,248 | $164,248 |
| Bristol-Myers Squibb | $236,305 | $236,305 |
| Chevron Corp | $134,778 | $134,778 |
| Cinn Fincial Corp | $146,165 | $146,165 |
| Cisco Systems Inc | $116,232 | $116,232 |
| Coca Cola | $110,752 | $110,752 |
| ConocoPhillips | $151,898 | $151,898 |
| Dominion Res Inc | $136,819 | $136,819 |
| Duke Energy Corp | $82,812 | $82,812 |
| Federated Investors B | $168,451 | $168,451 |
| General Dynamics Corp | $175,621 | $175,621 |
| Hasbro Inc | $208,488 | $208,488 |
| Hatteras Financial Corp | $60,965 | $60,965 |
| Hershey Company | ||
| Intel Corp | $170,498 | $170,498 |
| Intl Business Machines | $88,533 | $88,533 |
| Johnson And Johnson | $73,180 | $73,180 |
| Kinder Morgan Managment | $157,751 | $157,751 |
| Lorillard Inc | $198,362 | $198,362 |
| Lowe's Companies Inc | $181,452 | $181,452 |
| Meadwestvaco Corp | $101,705 | $101,705 |
| Microsoft Corp | $99,398 | $99,398 |
| Newmarket Corp | $155,046 | $155,046 |
| Paychex Inc | $140,460 | $140,460 |
| Pfizer Inc | $184,393 | $184,393 |
| Philip Morris Intl Inc | $81,292 | $81,292 |
| Reynolds American Inc | $97,181 | $97,181 |
| Verizon Communications | $104,423 | $104,423 |
| Wal-Mart Stores Inc | ||
| Wells Fargo & Co | $213,108 | $213,108 |
| Ansys Inc | $70,458 | $70,458 |
| Accenture PLC | $162,138 | $162,138 |
| Affiliated Managers Group | $211,675 | $211,675 |
| EMC Corporation | $231,455 | $231,455 |
| Expeditors Intl Wash Inc | ||
| Express Scripts Holding Co | ||
| Hospira Inc | $243,511 | $243,511 |
| Mastercard Inc | $103,597 | $103,597 |
| Qualcomm Inc | ||
| Roberthalf Intl Inc | $221,371 | $221,371 |
| Scripps Networks | $193,472 | $193,472 |
| Stanley Black & Decker | $295,245 | $295,245 |
| Starwood Hotels | $325,268 | $325,268 |
| Suncor Energy Inc | ||
| Waters Corp | $158,500 | $158,500 |
| Wynn Resorts Ltd | $243,345 | $243,345 |
| BB&T Corporation | ||
| Capital One Financial | ||
| Coresite Realty Corp | $56,500 | $56,500 |
| First Republic Bank | ||
| JP Morgan Chase & Co | ||
| Maiden Holdings LTD | ||
| Protective Life Corp | ||
| State Street Corp | ||
| Suntrust Banks Inc | ||
| Wells Fargo & Co | $128,600 | $128,600 |
| Alliant Techsystems Inc | $56,460 | $56,460 |
| Deckers Outdoors Corp | $92,990 | $92,990 |
| Temper Sealy Intl Inc | $84,555 | $84,555 |
| Tejon Ranch WT | $1,032 | $1,032 |
| Alexion Pharms Inc | $37,872 | $37,872 |
| American Express Company | $37,290 | $37,290 |
| Amgen Inc | $56,013 | $56,013 |
| Applied Material Inc | $26,821 | $26,821 |
| Arm Holdings PLC | $40,665 | $40,665 |
| Baidu Inc | $36,999 | $36,999 |
| Brystol-Myers Squibb Co | $25,406 | $25,406 |
| Catamaran Corp | $22,972 | $22,972 |
| Chipotle Mexican Grill | $19,180 | $19,180 |
| Cognizant Tech Solutions | $36,151 | $36,151 |
| Delta Air Lines Inc | $18,130 | $18,130 |
| Walt Disney Co | $34,609 | $34,609 |
| Hilton Worldwide Holdings | $23,007 | $23,007 |
| JPMorgan Chase & Co | $29,006 | $29,006 |
| Kansas City Southern | $15,107 | $15,107 |
| Liberty Global PLC | $36,935 | $36,935 |
| LinkedIn Corp | $21,683 | $21,683 |
| Lowe's Companies Inc | $35,775 | $35,775 |
| McKesson Corporation | $20,336 | $20,336 |
| Morgan Stanley | $43,026 | $43,026 |
| Nike Inc | $43,567 | $43,567 |
| Noble Energy Inc | $34,123 | $34,123 |
| NXP Semiconductors NV | $26,134 | $26,134 |
| Schlumberger LTD | $40,550 | $40,550 |
| Charles Schwab Corp | $21,190 | $21,190 |
| Servicenow Inc | $15,123 | $15,123 |
| Twenty-First Century Fox Inc | $57,608 | $57,608 |
| Whole Foods Mkt Inc | $8,328 | $8,328 |
| Workday Inc | $3,160 | $3,160 |
| Wynn Resorts LTD | $30,491 | $30,491 |
| Zoetis Inc | $37,038 | $37,038 |
| Anadarko Petroleum Corp | $55,524 | $55,524 |
| Constellation Brands Inc | $133,722 | $133,722 |
| Dish Network Corporation | $133,216 | $133,216 |
| Twenty-First Century Fox A | $175,850 | $175,850 |
| Twenty-First Century Fox B | $20,760 | $20,760 |
| Winthrop Realty | $9,960 | $9,960 |
| Carnival Corp | $158,993 | $158,993 |
| Corning Inc | $161,324 | $161,324 |
| Corrections Corp of America | $124,079 | $124,079 |
| Ametek Inc | $278,045 | $278,045 |
| Aon PLC | $175,666 | $175,666 |
| T Rowe Price Group | $120,713 | $120,713 |
| Towers Watson & Co | $78,353 | $78,353 |
| Trimble Nav LTD | $210,525 | $210,525 |
| Twenty-First Century Fox Inc | $183,025 | $183,025 |
| Wabtec | $213,749 | $213,749 |
| Allstate Corp | $64,125 | $64,125 |
| Citigroup Inc 7.125 | $129,700 | $129,700 |
| Citigroup Inc 6.875 | $63,350 | $63,350 |
| Morgan Stanley | $125,150 | $125,150 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $1,017,586 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,017,586 | 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 | $2,344,956 | $2,344,956 |
| IVA Worldwide Fund | FMV | $2,518,983 | $2,518,983 |
| First Eagle Global | FMV | $2,526,819 | $2,526,819 |
| Matthews Asian Growth and Income Fund | FMV | $588,994 | $588,994 |
| Matthews Pacific Tiger | FMV | $579,053 | $579,053 |
| Oppenheimer Developing Markets | FMV | $1,147,012 | $1,147,012 |
| PIMCO Fixed Income Shares C F | FMV | ||
| PIMCO Fixed Income Shares M F | FMV | ||
| Templeton Global Bond Fund | FMV | $1,651,834 | $1,651,834 |
| Ridgeworth High Income Fund | FMV | $437,389 | $437,389 |
| Eaton Vance Floating Rate Fund | FMV | $416,469 | $416,469 |
| First Eagle Gold Fund | FMV | ||
| PIMCO Commodity Real Return | FMV | $654,138 | $654,138 |
| iShares Russell 1000 | FMV | $576,204 | $576,204 |
| CSP III Distressed Opp Fund | FMV | $201,810 | $201,810 |
| iShares MSCI EAFE | FMV | $403,912 | $403,912 |
| PIMCO All Asset Fund | FMV | $191,783 | $191,783 |
| Vanguard REIT ETF | FMV | $163,337 | $163,337 |
| PIMCO Total Return Fund | FMV | $254,326 | $254,326 |
| Sirios Access LTD | FMV | $225,000 | $225,000 |
| iShares Gold | FMV | $181,040 | $181,040 |
| Czech II Senior Loan Trust | FMV | $126,956 | $126,956 |
| Ascend Access LTD | FMV | $608,970 | $608,970 |
| Brevan Howard Multi-Strategy | FMV | $813,695 | $813,695 |
| Carlson Double Black Diamond | FMV | $834,834 | $834,834 |
| OZOFII Access LTD | FMV | $1,323,158 | $1,323,158 |
| ML Winton Futures Access | FMV | $363,423 | $363,423 |
| SLP IV Technology Fund | FMV | $50,000 | $50,000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Mediconnect escrow | $1,890,750 | $580,655 | $580,655 |
| Program related investements | $878,092 | $878,092 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Bank charges | $201 |
| Postage | $8 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment advisory fees | CategoryTxt |
| Amt | $204,043 | Amt |
| Net Investment Income | $204,043 | 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 | $35,000 | |
| Foreign taxes | $1,244 | $1,244 |