PETER & NANCY SALTER FAMILY FOUNDATION INC: Form 990PF, tax year 2025
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- Organization
- PETER & NANCY SALTER FAMILY FOUNDATION INC (EIN 20-1828772)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-02-27
- IRS object ID
- 202620589349100707
- Schema version
- 2025v4.0
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-27T12:44:22-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 203815450 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | URKE & STOLLER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11811 N TATUM BLVD STE 1060 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201828772 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER & NANCY SALTER FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETE | BusinessNameControlTxt |
| Phone | 6023884632 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3104 E CAMELBACK ROAD STE 854 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER W SALTER | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 6023884632 | PhoneNum |
| Signature | 2026-02-01 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN KENNETH URKE | PreparerPersonNm |
| PTIN | P00290440 | PTIN |
| Phone | 6028675058 | PhoneNum |
| Preparation | 2026-02-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,132,464 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $76,826 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $76,826 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $76,826 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $333,712 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $333,712 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $333,712 | DividendsAdjNetIncmAmt |
| Total Rev And Expnss | $410,538 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $410,538 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $410,538 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $290 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $145 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $145 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,054 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,527 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,527 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,189 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,189 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $8,533 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,861 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,672 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $900,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $900,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $908,533 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,861 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $901,672 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$497,995 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $403,677 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $410,538 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,199,604 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,566,825 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,566,826 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,198,929 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $6,585,649 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,919,362 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,565,638 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $8,984,182 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,486,187 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,132,464 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,984,182 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,486,187 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,984,182 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,486,187 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,984,182 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,486,187 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,984,182 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$497,995 | ExcessRevenueOverExpensesAmt |
| Subtotal | $8,486,187 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,486,187 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,611 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,611 | SubtotalAmt |
| Tax Based On Investment Income | $5,611 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,500 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $6 | EsPenaltyAmt |
| Tax Due | $117 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | 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 |
| Individual With Books | THE ORGANIZATION | IndividualWithBooksNm |
| Phone | 6023884632 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3104 E CAMELBACK RD 854 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85016 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER W SALTER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3104 E CAMELBACK ROAD 854 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 000.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,881,471 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,264,400 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,145,871 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $13,145,871 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $197,188 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,948,683 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $647,434 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $647,434 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,611 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,611 | TotalTaxAmt |
| Distributable Before Adj | $641,823 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $641,823 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $641,823 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $901,672 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $901,672 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $641,823 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $890,707 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $113,806 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,892,180 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $112,246 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $179,077 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,188,016 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $901,672 | QualifyingDistributionsAmt |
| Applied To Current Year | $641,823 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $259,849 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,447,865 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $890,707 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,557,158 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $113,806 | ExcessFromYear4Amt |
| Excess From Year3 | $4,892,180 | ExcessFromYear3Amt |
| Excess From Year2 | $112,246 | ExcessFromYear2Amt |
| Excess From Year1 | $179,077 | ExcessFromYear1Amt |
| Excess From Current Year | $259,849 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| THE UNIVERSITY OF ARIZONA | ||||||||
| FOUNDATION | 1111 NORTH CHERRY AVENUE | PO BOX 210109 | TUCSON | AZ | 857210109 | PC | MEDICAL DEVICE DESIGN LAB | $700,000 |
| AZ THEATRE COMPANY | ||||||||
| PO BOX 619 | PHOENIX | AZ | 85001 | PC | STUDENT MATINEE PROGRAM | $100,000 | ||
| PHOENIX YOUTH SYMPHONY ORCHESTRA | ||||||||
| 2009 N 7TH ST STE 9 | PHOENIX | AZ | 85006 | PC | SCHOLARSHIP, CONDUCTORS AND GENERAL | $100,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $900,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $76,826 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $333,712 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $410,538 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $410,538 | 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 | TAX PREPARATION | CategoryTxt |
| Amt | $3,054 | Amt |
| Net Investment Income | $1,527 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,527 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC | $4,218,943 | $8,169,136 |
| BECTON DICKINSON & CO | $642,718 | $905,505 |
| EMBECTA CORP | $15,601 | $11,804 |
| JOHNSON & JOHNSON | $744,764 | $1,298,343 |
| KIMBERLY CLARK CORP | $1,294,435 | $1,176,070 |
| PROCTER & GAMBLE CO | $2,901 | $4,780 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $290 | LegalFeesAmt |
| Net Investment Income | $145 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $145 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $5,189 | Amt |
| Net Investment Income | $5,189 | NetInvestmentIncomeAmt |