GRAYHAWK CLASSIC RESIDENTS FOUNDATION: Form 990, tax year 2025
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- Organization
- GRAYHAWK CLASSIC RESIDENTS FOUNDATION (EIN 02-0643508)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-11
- IRS object ID
- 202611319349305586
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-11T17:20:45-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 863026852 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORTES CPA PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7650 S MCCLINTOCK DR 103179 | AddressLine1Txt |
| City | TEMPE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85284 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020643508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAYHAWK CLASSIC RESIDENTS' FOUNDAT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAY | BusinessNameControlTxt |
| Phone | 4806595100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 E THOMPSON PEAK PKWY STE 100 | AddressLine1Txt |
| City | SCOTTSDALE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 852558540 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TOM BARRETT | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4806735771 | PhoneNum |
| Signature | 2026-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL M CORTES | PreparerPersonNm |
| PTIN | P00295198 | PTIN |
| Phone | 4804099620 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROZ GALLUP | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 7501 E THOMPSON PEAK PKWY | AddressLine1Txt |
| City | SCOTTSDALE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85255 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $477,642 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | SCHOLARSHIP AWARDS GRANTED TO BENEFIT EMPLOYEES AND DEPENDENTS OF VI AT GRAYHAWK ARE PAID DIRECTLY TO EDUCATIONAL INSTITUTIONS. GRANTS ARE MADE TO NONPROFIT ORGANIZATIONS TO ENHANCE THE QUALITY OF LIFE IN THE PHOENIX AREA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $291,133 | PYContributionsGrantsAmt |
| CY Contributions Grants | $342,680 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $52,017 | PYInvestmentIncomeAmt |
| CY Investment Income | $44,705 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $343,150 | PYTotalRevenueAmt |
| CY Total Revenue | $387,385 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $324,001 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $331,601 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $586 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,524 | PYOtherExpensesAmt |
| CY Other Expenses | $26,394 | CYOtherExpensesAmt |
| PY Total Expenses | $350,525 | PYTotalExpensesAmt |
| CY Total Expenses | $357,995 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$7,375 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $29,390 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,287,516 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,427,092 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,458 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,362 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,286,058 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,425,730 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SCHOLARSHIP NBSP;AWARDS NBSP;GRANTED NBSP;TO NBSP;BENEFIT NBSP;EMPLOYEES NBSP;AND NBSP;DEPENDENTS NBSP;OF NBSP;VI NBSP;AT NBSP;GRAYHAWK NBSP;ARE NBSP;PAID NBSP;DIRECTLY NBSP;TO NBSP;EDUCATIONAL NBSP;INSTITUTIONS NBSP;GRANTS NBSP;ARE NBSP;MADE NBSP;TO NBSP;NONPROFIT NBSP;ORGANIZATIONS NBSP;TO NBSP;ENHANCE NBSP;THE NBSP;QUALITY NBSP;OF NBSP;LIFE NBSP;IN NBSP;THE NBSP;PHOENIX NBSP;AREA | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $344,697 | ExpenseAmt |
| Revenue | $387,385 | RevenueAmt |
| Desc | GRANTS TO POST SECONDARY INSTITUTIONS FOR 65 ACADEMIC SCHOLARSHIP AWARDS TO 32 STUDENTS WHO ARE PURSUING A VARIETY OF DEGREES AND CERTIFICATE PROGRAMS. | Desc |
| Total Program Service Expenses | $344,697 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Country | AF | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOM BARRETT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4806595100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 E THOMPSON PEAK PKWY STE 100 | AddressLine1Txt |
| City | SCOTTSDALE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85255 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| ELLIE FIELDS | ||||||
| DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | |
| ROGER PELHAM | ||||||
| DIRECTOR | 004.00 | Yes (X) | $0 | $0 | $0 | |
| CAROLYN HOLDEN | ||||||
| DIRECTOR | 015.00 | Yes (X) | $0 | $0 | $0 | |
| ROD HOUSTON | ||||||
| DIRECTOR | 004.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL RAUSCHELBACH | ||||||
| DIRECTOR | 007.00 | Yes (X) | $0 | $0 | $0 | |
| LIESEL NOLAN | ||||||
| SECRETARY/DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | |
| JOAN KASLE | ||||||
| DIRECTOR | 004.00 | Yes (X) | $0 | $0 | $0 | |
| ROZ GALLUP | ||||||
| TREASURER/DIRECTOR | 015.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MARILYN SLOVAK | ||||||
| PRESIDENT/DIRECTOR | 015.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| BOB CAPPEL | ||||||
| VICE-PRESIDENT/DIRECTOR | 006.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| THOMAS BARRETT | ||||||
| DIRECTOR | 004.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN GAYLORD | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL HELMINSKI | ||||||
| DIRECTOR | 007.00 | Yes (X) | $0 | $0 | $0 | |
| GEORGE OBST | ||||||
| DIRECTOR | 006.00 | Yes (X) | $0 | $0 | $0 | |
| LOUISE THORESON | ||||||
| DIRECTOR | 004.00 | Yes (X) | $0 | $0 | $0 | |
| CAROL LOFTUS | ||||||
| DIRECTOR | 004.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| All Other Contributions | $342,680 | AllOtherContributionsAmt |
| Total Contributions | $342,680 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,971 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,971 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $85,991 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $90,257 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$4,266 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,266 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$4,266 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $387,385 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $44,705 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,515 | TotalAmt |
| Program Services | $21,515 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,086 | TotalAmt |
| Program Services | $310,086 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,349 | TotalAmt |
| Management And General | $10,349 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,168 | TotalAmt |
| Program Services | $8,168 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30 | TotalAmt |
| Management And General | $30 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,158 | TotalAmt |
| Program Services | $310 | ProgramServicesAmt |
| Management And General | $310 | ManagementAndGeneralAmt |
| Fundraising | $538 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,714 | TotalAmt |
| Program Services | $4,618 | ProgramServicesAmt |
| Management And General | $48 | ManagementAndGeneralAmt |
| Fundraising | $48 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,975 | TotalAmt |
| Management And General | $1,975 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,995 | TotalAmt |
| Program Services | $344,697 | ProgramServicesAmt |
| Management And General | $12,712 | ManagementAndGeneralAmt |
| Fundraising | $586 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,596 | BOYAmt |
| EOY | $157,705 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,299 | BOYAmt |
| EOY | $100,236 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,585 | BOYAmt |
| EOY | $3,050 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,018,636 | BOYAmt |
| EOY | $1,160,701 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,400 | BOYAmt |
| EOY | $5,400 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,287,516 | BOYAmt |
| EOY | $1,427,092 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,458 | BOYAmt |
| EOY | $1,362 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,458 | BOYAmt |
| EOY | $1,362 | EOYAmt |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $184,619 | BOYAmt |
| EOY | $184,619 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,101,439 | BOYAmt |
| EOY | $1,241,111 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,286,058 | BOYAmt |
| EOY | $1,425,730 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,287,516 | BOYAmt |
| EOY | $1,427,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $29,390 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $110,282 | NetUnrlzdGainsLossesInvstAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (1) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAuditedInd |
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $261,347 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $286,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $346,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $291,133 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $342,680 | CurrentTaxYearAmt |
| Total | $1,528,314 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $261,347 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $286,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $346,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $291,133 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $342,680 | CurrentTaxYearAmt |
| Total | $1,528,314 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,528,314 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,456 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,619 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,323 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $47,191 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $48,971 | CurrentTaxYearAmt |
| Total | $212,560 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,456 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,619 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,323 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $47,191 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $48,971 | CurrentTaxYearAmt |
| Total | $212,560 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $298,803 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $321,519 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $390,577 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $338,324 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $391,651 | CurrentTaxYearAmt |
| Total | $1,740,874 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87790 | PublicSupportCY509Pct |
| Public Support PY509 | 0.88150 | PublicSupportPY509Pct |
| Investment Income CY | 0.12210 | InvestmentIncomeCYPct |
| Investment Income PY | 0.12000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| CY Adj Net Income Distributable | $0 | CYAdjNetIncomeDistributableAmt |
| CY Pct85 Adjusted Net Income | $0 | CYPct85AdjustedNetIncomeAmt |
| CY Total Min Ast Distributable | $0 | CYTotalMinAstDistributableAmt |
| CY Greater Adjusted Minimum | $0 | CYGreaterAdjustedMinimumAmt |
| CY Income Tax Imposed PY | $0 | CYIncomeTaxImposedPYAmt |
| CY Distributable As Adjusted | $0 | CYDistributableAsAdjustedAmt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $189,204 | BeginningYearBalanceAmt |
| Other Expenditures | $189,204 | OtherExpendituresAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $169,719 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $20,822 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,337 | AdministrativeExpensesAmt |
| End Year Balance | $189,204 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| ARIZONA STATE UNIVERSITY | ||||||
| PO BOX 870312 | TEMPE | AZ | 85287 | 860196696 | $153,581 | SCHOLARSHIP SUPPORT |
| GATEWAY COMMUNITY COLLEGE | ||||||
| 108 N 40TH ST | PHOENIX | AZ | 85034 | 860327449 | $7,782 | SCHOLARSHIP SUPPORT |
| GLENDALE COMMUNITY COLLEGE | ||||||
| 6000 W OLIVE | GLENDALE | AZ | 85302 | 952668744 | $8,979 | SCHOLARSHIP SUPPORT |
| GRAND CANYON UNIVERSITY | ||||||
| 3300 W CAMELBACK RD | PHOENIX | AZ | 85017 | 472507725 | $21,441 | SCHOLARSHIP SUPPORT |
| NEW JERSEY CITY UNIVERSITY | ||||||
| 2039 JOHN F KENNEDY BOULEVARD | JERSEY CITY | NJ | 07305 | 237261698 | $14,216 | SCHOLARSHIP SUPPORT |
| NORTH CAROLINA A&T STATE UNIVERSITY | ||||||
| 1601 E MARKET ST | GREENSBORO | NC | 27401 | 566000007 | $18,997 | SCHOLARSHIP SUPPORT |
| NORTHERN ARIZONA UNIVERISTY | ||||||
| PO BOX 4108 | FLAGSTAFF | AZ | 86011 | 742579628 | $10,474 | SCHOLARSHIP SUPPORT |
| PACE UNIVERSITY | ||||||
| 861 BEDFORD RD | PLEASANTVILLE | NY | 10570 | 135562314 | $6,568 | SCHOLARSHIP SUPPORT |
| PARADISE VALLEY COMMUNITY COLLEGE | ||||||
| 18401 N 32ND ST | PHOENIX | AZ | 85032 | 860185552 | $5,882 | SCHOLARSHIP SUPPORT |
| PHOENIX COLLEGE | ||||||
| 202 W THOMAS RD | PHOENIX | AZ | 85013 | 860185552 | $5,208 | SCHOLARSHIP SUPPORT |
| STRATA TECH EDUCATION GROUP | ||||||
| 120 N 44TH ST 230 | PHOENIX | AZ | 85034 | 262474568 | $19,464 | SCHOLARSHIP SUPPORT |
| VIRGINIA TECH | ||||||
| 100 ALUMNI HALL | BLACKSBURG | VA | 24061 | 546001805 | $7,108 | SCHOLARSHIP SUPPORT |
| UNIVERSITY OF ARIZONA | ||||||
| PO BOX 210066 | TUCSON | AZ | 85721 | 866050388 | $2,680 | SCHOLARSHIP SUPPORT |
| UNIVERSITY OF PHOENIX | ||||||
| 4025 S RIVERPOINT PARKWAY | PHOENIX | AZ | 85040 | 010654405 | $14,059 | SCHOLARSHIP SUPPORT |
| VIRGINIA TECH UNIVERSITY | ||||||
| 100 ALUMNI MALL | BLACKSBURG | VA | 24061 | 546001805 | $7,107 | SCHOLARSHIP SUPPORT |
| WALDEN UNIVERSITY | ||||||
| 00 WASHINGTON AVE SOUTH 12101 | MINNEAPOLIS | MN | 55401 | 237092671 | $6,540 | SCHOLARSHIP SUPPORT |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART VI, SECTION A, LINE 6 | ALL LIFECARE MEMBERS OF THE VI AT GRAYHAWK COMMUNITY ARE MEMBERS OF THE FOUNDATION. |
| PART VI, SECTION A, LINE 7A | 7A. ALL MEMBERS OF THE FOUNDATION MAY VOTE IN THE ELECTION FOR GOVERNING BOARD MEMBERS AT THE ANNUAL MEETING. |
| PART VI, SECTION B, LINE 11B | THE FORM 990 WAS REVIEWED BY THE FOUNDATIONS DIRECTORS. THE FORM 990 IS PROVIDED TO ALL DIRECTORS FOR COMMENTS BEFORE FILING. THE FINANCIAL OFFICER OF THE ORGANIZATION AUTHORIZES THE FILING OF THE RETURN AFTER ALL COMMENTS ARE CONSIDERED. |
| PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER MUST SIGN A CONFLICT OF INTEREST AND CONFIDENTIALITY STATEMENT ON AN ANNUAL BASIS. |
| PART VI, SECTION C, LINE 19 | THE FOUNDATIONS DOCUMENTS ARE AVAILABLE TO THE PUBLIC AND ARE MADE AVAILABLE AT THE FOUNDATIONS PREMISES BASED ON SCHEDULED APPOINTMENTS. |
| PART XII, LINE 2C | PART XII, LINE 2C THE FOUNDATON HAS A COMMITTEE HEADED BY THE FINANCIAL OFFICER TO OVERSEE THE REVIEW OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AUDITORS AND ACCOUNTANTS. THE RESPONSIBILITES OF THE COMMITTEE WERE EXPANDED DURING THE YEAR TO REVIEW FINANCIAL RESULTS MORE FREQUENTLY AND TO REVIEW OTHER FINANCIAL MATTERS OF THE FOUNDATION. |