Form 990 for tax year 2024
Filed by ODOM FAMILY FOUNDATION C/O ARIZONA COMMUNITY FOUNDATION.
Totals
- Total revenue
- $31,594
- Total expenses
- $7,520,571
- Contributions and grants received
- $0
- Grants paid
- $7,495,867
- Program service revenue
- $0
- Investment income
- $31,594
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $7,495,867
- Management and general expenses
- $24,704
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,495,867
Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $20,377 · excluded $20,377
-
7a · Gross sales of assets other than inventory
securities $11,217
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $11,217
-
7d · Net gain or loss
total $11,217 · excluded $11,217
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,495,867 · program services $7,495,867
-
11a · Fees: management
total $15,960 · management and general $15,960
-
11f · Fees: investment management
total $8,744 · management and general $8,744
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1 · end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $7,559,387 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
18 · Grants payable
beginning of year $5,000
-
27 · Net assets without donor restrictions
beginning of year $7,554,388 · end of year $0
Mission and programs · 2024
Mission
TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS THE ARIZONA COMMUNITY FOUNDATION, INC. REMAINS A QUALIFIED ORGANIZATION.
-
GRANTS TO CHARITABLE ORGANIZATIONS IN SUPPORT OF THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, INC.
Expenses $7,495,867 · Grants $7,495,867
As filed on the 2024 return.
Listed in Part VII
-
THERESA ODOM GANN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
WAYNE LOWE
VICE CHAIR (THRU 5/16/24)
- Total calculated
- $0
- Hours/week
- 1
-
KRISTEN MIJALJEVIC
DIRECTOR (THRU 5/16/24)
- Total calculated
- $130,276
- From this org
- $0
- From related orgs
- $114,022
- Other
- $16,254
- Hours/week
- 1 + 45 related
-
LARRY ODOM
DIRECTOR (THRU 5/16/24)
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANIE HARRER
SECRETARY AND TREASURER (THRU 5/16/24)
- Total calculated
- $148,982
- From this org
- $0
- From related orgs
- $140,083
- Other
- $8,899
- Hours/week
- 1 + 45 related
-
ERIC NYSTROM
DIRECTOR
- Total calculated
- $370,645
- From this org
- $0
- From related orgs
- $346,446
- Other
- $24,199
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $280,196 related
- Bonus
- $0 + $66,250 related
- Other
- $0
- Deferred
- $0 + $17,048 related
- Nontaxable benefits
- $0 + $7,151 related
- Filer's total
- $0 + $370,645 related
-
ANNA MARIA CHAVEZ
PRESIDENT (NON-VOTING)
- Total calculated
- $594,442
- From this org
- $0
- From related orgs
- $572,586
- Other
- $21,856
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $510,086 related
- Bonus
- $0 + $62,500 related
- Other
- $0
- Deferred
- $0 + $20,700 related
- Nontaxable benefits
- $0 + $1,156 related
- Filer's total
- $0 + $594,442 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$7,495,867
FINAL DISTRIBUTION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · COM. SUPPORT · AZ
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
ELLIS CENTER FOR EDUCATIONAL EXCELLENCE
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
FIRST BAPTIST CHURCH OF PHOENIX FOUNDATION
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
SAM & PEGGY GROSSMAN FAMILY FOUNDATION
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
MOLLY LAWSON FOUNDATION INC (THE)
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
LIPPINCOTT FAMILY FOUNDATION INC
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
PETZNICK STEWART FOUNDATION (THE)
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
EDWARD J ROBSON FAMILY FOUNDATION
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
ROSENBLUTH FAMILY CHARITABLE FOUNDATION
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
SILVERMAN FAMILY FOUNDATION (THE)
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
JAMES A UNRUH FAMILY FOUNDATION
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
WALTER M WICK FAMILY FOUNDATION (THE)
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
-
501(C)(3) · COM. SUPPORT · AZ
Directly controlled by AZ COMM FDN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
EXCLUDED · INVESTMENT · AZ · 99% owned · share of assets $24,300
-
EXCLUDED · INVESTMENT · AZ · 97% owned · share of assets $678,550
-
EXCLUDED · INVESTMENT · AZ · 95% owned · share of assets $234,701
-
EXCLUDED · INVESTMENT · AZ · 97% owned · share of assets $489,000
-
EXCLUDED · INVESTMENT · AZ · 98% owned · share of assets $596,000
-
EXCLUDED · INVESTMENT · AZ · 98% owned · share of assets $1,401,000
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST (19)
INVESTMENT · AZ
-
CHARITABLE LEAD TRUST (2)
INVESTMENT · AZ
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$6,955,879
Liquidation · ALL ASSETS DISTRIBUTED INCLUDED CASH AND PUBICLY TRADED SECURITIES · Jun 11, 2024 · 501C3
-
$539,807
Liquidation · ALL ASSETS DISTRIBUTED INCLUDED CASH AND PUBICLY TRADED SECURITIES · Aug 9, 2024 · 501C3
-
Liquidation · ALL ASSETS DISTRIBUTED INCLUDED CASH AND PUBICLY TRADED SECURITIES · Aug 13, 2024 · 501C3
-
Liquidation · ALL ASSETS DISTRIBUTED INCLUDED CASH AND PUBICLY TRADED SECURITIES · Aug 14, 2024 · 501C3
-
Liquidation · ALL ASSETS DISTRIBUTED INCLUDED CASH AND PUBICLY TRADED SECURITIES · Sep 4, 2024 · 501C3
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521639349301407
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