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PETER & NANCY SALTER FAMILY FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
PETER & NANCY SALTER FAMILY FOUNDATION INC (EIN 20-1828772)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-13
IRS object ID
201323179349100342
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-13T11:18:24-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1URKE & STOLLER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line111811 N TATUM BLVD STE 1060AddressLine1
CityPHOENIXCity
StateAZState
ZIP Code85028ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN201828772EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1PETER & NANCY SALTER FAMILYBusinessNameLine1
Business Name Line2FOUNDATION INCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlPETENameControl
Phone6023884632Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line15624 N CAMINO DEL CONTENTOAddressLine1
CityPARADISE VALLEYCity
StateAZState
ZIP Code85253ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NamePETER W SALTERName
TitleDIRECTORTitle
Phone6023884632Phone
Date Signed2013-11-11DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameSTEVEN K URKEName
Phone6028675058Phone
Date Prepared2013-11-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY16380047FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss23539InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm23539InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm23539InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss23667DividendsRevAndExpnss
Dividends Net Invst Incm23667DividendsNetInvstIncm
Dividends Adj Net Incm23667DividendsAdjNetIncm
Total Revenue And Expenses47206TotalRevenueAndExpenses
Total Net Investment Income47206TotalNetInvestmentIncome
Total Adjusted Net Income47206TotalAdjustedNetIncome
Accounting Fees Rev And Expnss2704AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm2704AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm2704AccountingFeesAdjNetIncm
Tot Opr Expenses Rev And Expnss2704TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm2704TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm2704TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss990000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps990000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss992704TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm2704TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm2704TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps990000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-945498ExcessOfRevenueOverExpenses
Net Investment Income44502NetInvestmentIncome
Adjusted Net Income44502AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY13511309SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY8243007SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV8243007SavingsAndTempCashInvstEOYFMV
Investments Govt Oblig BOY662548InvestmentsGovtObligBOY
Investments Govt Oblig EOY4847821InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV4847821InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY3206963InvestmentsCorpStockBOY
Investments Corp Stock EOY3289219InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV3289219InvestmentsCorpStockEOYFMV
Total Assets BOY17380820TotalAssetsBOY
Total Assets EOY16380047TotalAssetsEOY
Total Assets EOYFMV16380047TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY17380820UnrestrictedBOY
Unrestricted EOY16380047UnrestrictedEOY
Total Net Assets BOY17380820TotalNetAssetsBOY
Total Net Assets EOY16380047TotalNetAssetsEOY
Total Liabilities Net Assets BOY17380820TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY16380047TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY17380820TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-945498ExcessOfRevenueOverExpenses
Other Increases1OtherIncreases
Subtotal16435323Subtotal
Other Decreases55276OtherDecreases
Total Net Assets Fund Balances EOY16380047TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year12499422QualifyingDistributionsYear1
Noncharitable Assets Year117380963NoncharitableAssetsYear1
Distribution Ratio Year10.143802DistributionRatioYear1
Qualifying Distributions Year2205000QualifyingDistributionsYear2
Noncharitable Assets Year24629326NoncharitableAssetsYear2
Distribution Ratio Year20.044283DistributionRatioYear2
Qualifying Distributions Year3135395QualifyingDistributionsYear3
Noncharitable Assets Year33208834NoncharitableAssetsYear3
Distribution Ratio Year30.042194DistributionRatioYear3
Qualifying Distributions Year483274QualifyingDistributionsYear4
Noncharitable Assets Year42564019NoncharitableAssetsYear4
Distribution Ratio Year40.032478DistributionRatioYear4
Qualifying Distributions Year580746QualifyingDistributionsYear5
Noncharitable Assets Year51787788NoncharitableAssetsYear5
Distribution Ratio Year50.045165DistributionRatioYear5
Total Distribution Ratio0.307922TotalDistributionRatio
Average Distribution Ratio0.061584AverageDistributionRatio
Net Noncharitable Assets16991036NetNoncharitableAssets
Adjusted Noncharitable Assets1046376AdjustedNoncharitableAssets
One Percent Net Investment Income445OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One1046821AdjNonchrtblAssetsAndOnePct
Qualifying Distributions990000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax890InvestmentIncomeExciseTax
Subtotal890Subtotal
Tax Based On Investment Income890TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment442EstTaxPaymentsAndOverpayment
Tax Paid With Extension448TaxPaidWithExtension
Total Credits And Payments890TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Penalty For Underpayment2PenaltyForUnderpayment
Tax Due2TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithAZStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameTHE ORGANIZATIONBooksInCareOfPersonName
Books In Care Of Phone Number6023884632BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line15624 N CAMINO DEL CONTENTOAddressLine1
CityPARADISE VALLEYCity
StateAZState
ZIP Code85253ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NamePETER W SALTERPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line15624 N CAMINO DEL CONTENTOAddressLine1
CityPARADISE VALEYCity
StateAZState
ZIP Code85253ZIPCode
FieldValueIRS element (for citing)
TitleDIRECTORTitle
Avg Hours Per Wk Devoted To Position5.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities9179731AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances8070052AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets17249783TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets17249783AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable258747CashDeemedCharitable
Net Noncharitable Assets16991036NetNoncharitableAssets
Minimum Investment Return849552MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return849552MinimumInvestmentReturn
Tax Based On Investment Income890TaxBasedOnInvestmentIncome
Total Tax890TotalTax
Distributable Amount Before Adj848662DistributableAmountBeforeAdj
Distributable Amount Before Ded848662DistributableAmountBeforeDed
Distributable Amount As Adjusted848662DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions990000ExpensesAndContributions
Qualifying Distributions990000QualifyingDistributions
Adj Qualifying Distributions990000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted848662DistributableAmountAsAdjusted
Excess Distri Carryover Year11582497ExcessDistriCarryoverYear1
Total Excess Distri Carryover1582497TotalExcessDistriCarryover
Qualifying Distributions990000QualifyingDistributions
Applied To Current Year848662AppliedToCurrentYear
Remaining Distri From Corpus141338RemainingDistriFromCorpus
Total Corpus1723835TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year1723835ExcessDistriCyovToNextYear
Excess From Year11582497ExcessFromYear1
Excess From Current Year141338ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NamePETER NANCY SALTERRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15624 NORTH CAMINO DEL CONTENTOAddressLine1
CityPARADISE VALLEYCity
StateAZState
ZIP Code85253ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number6023884632RecipientPhoneNumber

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
U OF A FOUNDATION
1111 N CHERRY AVETUCSONAZ85721ELLER COLLEGE FRIENDS OF THE FACULTY$80,000
SPECIAL OPERATIONS WARRIOR FDTN
PO BOX 3483TAMPAFL33681IN HONOR OF LT COL MATTHEW WEINSHEL$10,000
UNIVERSITY OF NEBRASKA
1010 LINCOLN MANN STE 30LINCOLNNE68508UNL CBA BUILDING FUND$900,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year990000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$23,539ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$23,667ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$47,206ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA47206TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategory
Amount$2,704Amount
Net Investment Income2704NetInvestmentIncome
Adjusted Net Income2704AdjustedNetIncome

Compensation Explanation CompensationExplanation

Compensation Compensation

FieldValueIRS element (for citing)
Person NamePETER W SALTERPersonName

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (4 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
COHEN & STEERS QUALITY INC RLTY FD.171267171267
CBRE CLARION GLOBAL REAL EST. INC F177200177200
ENBRIDGE ENERGY MGMT LLC SHS UNITS349968349968
KINDER MORGAN MGMT LLC25907842590784

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Securities EOY Book Value4847821USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV4847821USGovtSecuritiesEOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

FieldValueIRS element (for citing)
DescriptionUNREALIZED LOSS ON MARKETABLE SECURITIESDescription
Amount$55,276Amount

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionUNREALIZED GAIN ON MARKETABLE SECURITIESDescription
Amount$1Amount