JAMES B AND LYNNETTE C LOVELANDFOUNDATION

Address
196 HOLLY DR
ALPINE, UT 84004-1957
Contact
Phone: +1 (801) 225-4644
Nonprofit
NTEE: T20 - Private Grantmaking Foundations
EIN: 20-4536788
 
 20172016201520132011
Basic features of the organization
Year of formation2007
Subsection code03
Form of organization
CorporationTrue
Metropolitan statistical area6520
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation $0.00 $0.00 
Number of employees 0 0 
Number of people compensated >$100k 0 0 
Number of volunteers 0 0 
Number of highly compensated contractors 0 0 
Personnel
Lewis, John
Title BOARD MEMBER   
Name of key/compensated person JOHN LEWIS   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Loveland, Lynnette
Title BOARD MEMBER BOARD MEMBER 
Name of key/compensated person LYNNETTE C LOVELAND LYNNETTE C LOVELAND 
Position of compensated person
Current individual trustee or director True True 
Average hours per week working for org 1.00 1.00 
Reportable compensation from org $0.00 $0.00 
Other comp, non-reportable, from org and related orgs $0.00 $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 $0.00 
Moon, David
Title   BOARD MEMBER 
Name of key/compensated person   DAVID C MOON 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Spanos, Gerald
Title BOARD MEMBER BOARD MEMBER 
Name of key/compensated person GERALD SPANOS GERALD SPANOS 
Position of compensated person
Current individual trustee or director True True 
Average hours per week working for org 1.00 1.00 
Reportable compensation from org $0.00 $0.00 
Other comp, non-reportable, from org and related orgs $0.00 $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activities ACT AS A SUPPORTING ORGANIZATION TO QUALIFIED PUBLIC CHARITIES ACT AS A SUPPORTING ORGANIZATION TO QUALIFIED PUBLIC CHARITIES 
Program service expenses, total $125,939.00   
Programs, including revenue & expenses
SUPPORTING QUALIFIED PUBLIC CHARITIES
Program expenses $125,939.00   
Grants and allocations made $125,939.00   
Program description SUPPORTING QUALIFIED PUBLIC CHARITIES SUPPORTING QUALIFIED PUBLIC CHARITIES 
Financial data
Revenue
Total revenue$47,094.00$711,389.00 $77,649.00 
Revenue from contributions (total) $912.00 $0.00 
Investment income, current yr $728,299.00 $77,218.00 
Total revenue from grants, etc., current yr $912.00 $0.00 
Other revenue, current yr -$17,822.00 $431.00 
Net unrelated business taxable revenue $0.00 $0.00 
Program service revenue (total)   $0.00 
Sources of contributions
Revenue from all other contributions $912.00   
Other types of revenue
Royalties (total) $7,506.00 $20,340.00 
Miscellaneous revenue (total) -$25,418.00 -$19,909.00 
Investment income $99,883.00 $77,216.00 
Net rental income $90.00 $0.00 
Expense categories (totals)
Total functional expenses: sum of all $127,417.00 $7,967.00 
Total functional expenses: program service  $125,939.00 $0.00 
Total functional expenses: management and general $1,478.00 $7,967.00 
Total functional expenses: fundraising $0.00 $0.00 
Fees for services
Fundraising service fees (total) $0.00 $0.00 
Assets and liabilities
Total assets$4,023,063.00$3,951,692.00 $3,737,881.00 
Total assets, beginning of year $3,791,948.00 $3,162,423.00 
Total liabilities $0.00 $0.00 
Total liabilities, beginning of year $0.00 $0.00 
Net assets $3,951,692.00 $3,737,881.00 
Net assets, beginning of year $3,791,948.00 $3,162,423.00 
Investments: publicly traded securities $3,301,529.00 $3,315,840.00 
Cash: non-interest bearing $650,163.00 $137,846.00 
Cash: non-interest bearing, beginning of year $139,821.00 $82,926.00 
Other financial variables
Revenue less expenses $583,972.00 $69,682.00 
Total net assets or fund balances $3,951,692.00 $3,737,881.00 
Governance and accountability
Number of voting members 3 3 
Number of independent voting members 3 3 
Accrual accounting True True 
Tax year start date 2016-01-01 2013-01-01 
Tax year end date2017-12-012016-12-012015-12-012013-12-012011-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5k True   
Metadata about the filing
E-return type: 990, 990EZ, or 990PF 990 990 
IRS schema version 2016v3.0 2013v3.0 
Filing identifier 201721429349300532 201443219349303059 
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