2024-05-07T17:59:38-05:00 2023-06-30 450250958 EIDE BAILLY LLP 800 NICOLLET MALL STE 1300 MINNEAPOLIS MN 554027033 990PF 2022-07-01 876227329 SPENCER F AND CLEONE P ECCLES FAMILY FOUNDATION C/O HANNAH ELDREDGE SPEN 8012465331 79 S MAIN ST 13TH FLOOR SALT LAKE CITY UT 84111 SPENCER ECCLES TRUSTEE 8012465331 2024-05-02 1 SPENCER ECCLES XXX-XX-XXXX 0 KIM HUNWARDSEN CPA P00484560 6122536500 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X 21071608 X 859029 17053 17053 106297 106297 44758 4546158 897877 560993 436624 1588130 1457851 0 0 0 21000 0 21000 3644 0 3644 20600 15450 5150 162635 121976 40659 2233 2233 0 52624 21592 0 13173 0 13173 344108 315119 14160 620017 476370 97786 129075 129075 749092 476370 226861 839038 981481 709180 292565 292565 59092 0 0 112276 874929 874929 4117306 4613471 4613471 92450 134558 134558 11747999 21272728 15156085 16838303 27188251 21071608 0 0 X 16637602 16637602 0 0 200701 10550649 16838303 27188251 16838303 27188251 16838303 839038 9510910 27188251 0 27188251 PUBLICLY TRADED SECURITIES 4463506 3441464 1022042 1022042 PASSTHROUGH CAPITAL GAINS/LOSSES - NON-UBI P 201681 -201681 -201681 PASSTHROUGH CAPITAL GAINS/LOSSES - UBI P 5136 5136 0 0 CAPITAL GAINS DIVIDENDS P 77516 77516 77516 897877 13643 0 13643 0 13643 20000 0 11000 0 31000 0 17357 17357 0 0 0 0 0 0 0 0 0 1 1 0 1 1 UT 1 0 0 0 0 1 N/A HANNAH ELDREDGE 8015320934 79 S MAIN STREET 13TH FLOOR SALT LAKE CITY UT 84111 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SPENCER ECCLES 79 SOUTH MAIN 13TH FLOOR SALT LAKE CITY UT 84111 CHAIR/TRUSTEE/COMMITTEE ME 1.00 0 0 0 LISA ECCLES 79 SOUTH MAIN 13TH FLOOR SALT LAKE CITY UT 84111 TRUSTEE/COMMITTEE MEMBER 1.00 0 0 0 C HOPE ECCLES 79 SOUTH MAIN 13TH FLOOR SALT LAKE CITY UT 84111 TRUSTEE/COMMITTEE MEMBER 1.00 0 0 0 NONE 0 NONE 0 0 4750635 490280 15156085 20397000 6116643 0 20397000 305955 20091045 1004552 1004552 13643 13643 990909 5000 995909 0 995909 226861 0 226861 995909 0 0 234289 234289 226861 0 0 0 226861 0 234289 234289 0 0 0 0 0 534759 0 0 0 SPENCER ECCLES X ALF ENGEN SKI MUSEUM FOUNDATION PO BOX 980187 PARK CITY UT 840980121 NONE PC GENERAL OPERATING SUPPORT 2000 AMERICAN CANCER SOCIETY INC 250 WILLIAMS STREET NW ATLANTA GA 30303 NONE PC GENERAL OPERATING SUPPORT- SALT LAKE HOPE LODGE 10000 BALLET WEST 52 WEST 200 SOUTH SALT LAKE CITY UT 84101 NONE PC GENERAL OPERATING SUPPORT 2500 BETA THETA PI FRATERNITY 5134 BONHAM RD OXFORD OH 450561429 NONE PC BETA LEADERSHIP FUND AND SPONSORSHIP UTAH CHAPTER - BLUE TIE GALA 2500 BOYS & GIRLS CLUBS OF GREATER SALT LAKE PO BOX 57071 MURRAY UT 84157 NONE PC GENERAL OPERATING SUPPORT 3000 BRIGHAM YOUNG UNIVERSITY MARRIOTT SCHOOL OF MANAGEMENT PO BOX 21128 PROVO UT 846021128 NONE PC SCHOLARSHIPS 5000 COLUMBIA UNIVERSITY GRADUATE SCHOOL OF BUSINESS 2 WORLD FINANCIAL CTR NEW YORK NY 102811008 NONE PC HERMES SOCIETY 5000 MAYO CLINIC 200 FIRST ST SW ROCHESTER MN 55902 NONE PC GREATEST NEED FUND 75 NEIGHBORHOOD HOUSE ASSOCIATION 1050 WEST 500 SOUTH SALT LAKE CITY UT 84104 NONE PC GENERAL OPERATING SUPPORT 10000 SALT LAKE CITY HONORARY COLONELS INC PO BOX 711082 SALT LAKE CITY UT 841711082 NONE PC GENERAL OPERATING SUPPORT 500 SNOWBIRD SPORTS EDUCATION FOUNDATION INC 3165 E MILLROCK DR STE 190 SALT LAKE CITY UT 841215571 NONE PC SPONSORSHIP-SNOW CUP 1000 STANFORD UNIVERSITY BILL LANE CENTER FOR THE AMERICAN WEST 473 VIA ORTEGA FIRST FLOOR STANFORD CA 943054225 NONE PC GENERAL OPERATING SUPPORT 5000 UNIQUE PROJECT INC 75 BROAD ST NEW YORK CITY NY 100042415 NONE PC STEPS ON BROADWAY-CAROL PAUMGARTEN FUND 10000 UNITED STATES SKI TEAM FOUNDATION PO BOX 100 PARK CITY UT 840600100 NONE PC FREESTYLE MOGULS TEAM SUPPORT 1000 UNITED WAY OF SALT LAKE 257 E 200 S STE 300 SALT LAKE CITY UT 84111 NONE PC WOMEN UNITED PROGRAM 2500 UNIVERSITY OF UTAH COLLEGE OF FINE ARTS 375 S 1530 E RM 250 SALT LAKE CITY UT 84112 NONE GOV SCHOLARSHIPS 2500 UNIVERSITY OF UTAH CRIMSON CLUB 1825 E SOUTH CAMPUS DRIVE SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 2500 UNIVERSITY OF UTAH DAVID ECCLES SCHOOL OF BUSINESS 1655 CAMPUS CENTER DR SALT LAKE CITY UT 84112 NONE GOV MBA SCHOLARSHIPS AND SCHOLARSHIPS 12500 UNIVERSITY OF UTAH MASTER OF PUBLIC ADMINISTRATION 260 SOUTH CENTRAL CAMPUS DRIVE SUITE 3050 SALT LAKE CITY UT 84112 NONE GOV SCHOALRSHIPS 500 UNIVERSITY OF UTAH NATURAL HISTORY MUSEUM OF UTAH 301 WAKARA WAY SALT LAKE CITY UT 84108 NONE GOV GENERAL OPERATING SUPPORT 3000 UNIVERSITY OF UTAH PIONEER THEATER COMPANY 300 1400 E SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 2500 UNIVERSITY OF UTAH SJ QUINNEY COLLEGE OF LAW 383 SOUTH UNIVERSITY ST E SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 5000 UNIVERSITY OF UTAH SKI TEAM 1825 E SOUTH CAMPUS DR SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 11000 UNIVERSITY OF UTAH SPENCER S ECCLES HEALTH SCIENCES LIBRARY 10 N 1900 E SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 10000 UNIVERSITY OF UTAH TENNIS TEAM 1825 E SOUTH CAMPUS DR SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 10000 UNIVERSITY OF UTAH UTAH MUSEUM OF FINE ARTS 410 CAMPUS CENTER DR SALT LAKE CITY UT 84112 NONE GOV GENERAL OPERATING SUPPORT 3500 UTAH SYMPHONYUTAH OPERA 123 WEST SOUTH TEMPLE SALT LAKE CITY UT 84101 NONE PC GENERAL OPERATING SUPPORT 5000 WOUNDED WARRIOR PROJECT INC 4899 BELFORT ROAD SUITE 300 JACKSONVILLE FL 32256 NONE PC GENERAL OPERATING SUPPORT 1000 129075 0 14 17053 14 106297 14 439601 523000 5136 18 39622 PASSTHROUGH UNRELATED BUSINESS INCOME 523000 112054 DEBT FINANCED PASSTHROUGH INVESTMENT INCOME 523000 9338 126528 602573 0 729101 0 0 0 0 0 0 0 0 0 0 X X 1 SPENCER ECCLES 79 SOUTH MAIN 13TH FLOOR SALT LAKE CITY UT 84111 859029 X X 1 10,990 SHARES OF GENERAL ELECTRIC STOCK 859029 2022-12-15 ACCOUNTING FEES 20600 15450 5150 AERCAP IRELAND CAPITAL LIMITED NOTE 7830 7830 ALLY FINL INC NOTE 5.75000% 3852 3852 BK OF AMERICA CORP SER L MTN 4.18300% 977 977 BOEING CO NOTE CALL MAKE WHOLE 3755 3755 BRITISH TELECOMMUNICATIONS 2460 2460 CELANESE US HLDGS LLC NOTE 5981 5981 CENOVUS ENERGY INC NOTE CALL MAKE WHOLE 1832 1832 CENTENE CORP DEL SER B NOTE 4.62500% 2761 2761 CHARTER COMMUNICATIONS OPER 4903 4903 CHENIERE ENERGY PARTNERS L P SER B 2468 2468 CITIGROUP INC NOTE 3.87500% 03/26/2025 5018 5018 COMERICA INC NOTE 2989 2989 DEUTSCHE BK AG N Y NOTE 2962 2962 DISCOVER FINL SVCS NOTE 4121 4121 ENBRIDGE INC MTN CDS- SER 2016-A NOTE 3710 3710 ENERGY TRANSFER L P BOND PERPETUAL 6.75000% 2842 2842 ENERGY TRANSFER L P NOTE CALL MAKE WHOLE 2707 2707 EQUITRANS MIDSTREAM CORP NOTE 3785 3785 FIRSTENERGY CORP SER B NOTE 1687 1687 FORD MOTOR CREDIT COMPANY NOTE 2918 2918 GENERAL ELECTRIC CO BOND PERPETUAL 2000 2000 GENERAL MTRS FINL CO INC NOTE 4311 4311 GLENCORE FDG LLC BOND REG S 988 988 GOLDMAN SACHS GROUP INC BOND PERPETUAL 943 943 MARKEL CORP BOND PERPETUAL 4825 4825 MURPHY OIL CORP NOTE 2961 2961 NATWEST GROUP PLC NOTE 3929 3929 PPL CAP FDG INC NOTE 883 883 SABINE PASS LIQUEFACTION LLC 3993 3993 SEMPRA BOND PERPETUAL 930 930 SM ENERGY COMPANY NOTE 3885 3885 SOCIETE GENERALE MTN REG S 3668 3668 SOUTHWESTERN ENERGY CO NOTE 2984 2984 SPRINT CAP CORP MTN BE NOTE 3180 3180 STATE STR CORP BOND PERPETUAL 2993 2993 SUZANO AUSTRIA GMBH NOTE CALL MAKE WHOLE 3202 3202 TARGA RES CORP NOTE CALL MAKE WHOLE 2044 2044 TEVA PHARMACEUTICAL FIN NETH NOTE 2.80000% 6475 6475 T-MOBILE US INC NOTE 4010 4010 VICI PROPERTIES LP NOTE CALL MAKE WHOLE 2807 2807 WARNERMEDIA HLDGS INC NOTE 3003 3003 WELLS FARGO &CO BOND PERPETUAL 986 986 ACCENTURE PLC 49681 49681 ALPHABET INC CAP STK CL A 56498 56498 AMERICAN CENTURY SMALL CAP GRWTH CL I 159454 159454 ARTISAN INTL VALUE FUND INSTL 866954 866954 AT&T INC COM USD1 34924 34924 BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B 49445 49445 BLACKROCK STRATEGIC INCOME OPPRTSI INSTL 637570 637570 BROADRIDGE FINANCIAL SOLUTION INC COM USD0.01 27653 27653 BROOKFIELD ASSET MANAGEMENT INC 7799 7799 BROOKFIELD INFRASTRUCTURE CORP COM SUB VTG SHS CL A 48759 48759 CAL MAINE FOODS INC COM NEW 35190 35190 CARMAX INC 63026 63026 CH ROBINSON WORLDWIDE INC COM USD0.10 40099 40099 CHURCH &DWIGHT CO INC COM 27096 27096 CUMMINS INC 43638 43638 DISCOVER FINANCIAL SERVICES 50362 50362 EMERSON ELECTRIC CO 44381 44381 FEDERAL FARM CR BKS BOND 5946 5946 FEDERAL FARM CR BKS BOND 2960 2960 GARTNER INC COM USD0.0005 62355 62355 GOLDMAN SACHS GQG PARTNERS INTL OPP I 628657 628657 GQG PARTNERS EMERG MARKETS EQ INSTL 291776 291776 ISHARES MSCI EAFE ETF 2302 2302 ISHARES TR MBS ETF 23596 23596 JANUS DETROIT STR TR HENDERSON MTG 36974 36974 JANUS DETROIT STR TR HENDRSON AAA CL 5135 5135 KEYSIGHT TECHNOLOGIES INC COM USD0.01 WD 18922 18922 LAM RESEARCH CORP COM USD0.001 63643 63643 MERCK &CO. INC COM 63695 63695 MSC INDUSTRIAL DIRECT CO INC 22352 22352 NORDSON CORP 21123 21123 PEPSICO INC 37414 37414 PHILLIPS 66 COM 44161 44161 POLEN GROWTH FUND INST'L SHARES 352816 352816 PRICE T ROWE GROUPS COM USD0.20 41223 41223 SITEONE LANDSCAPE SUPPLY INC COM 20418 20418 STANLEY BLACK & DECKER INC 9950 9950 TEXAS INSTRUMENTS INC COM USD1.00 45185 45185 UNDISCOVERED MGRS BEHAVIOR VALUE CL L 165195 165195 UNITED AIRLINES PTC SER 2020-1 CL A 2138 2138 UNITEDHEALTH GROUP INC 52390 52390 VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 2850 2850 VISA INC 75665 75665 VONTIER CORPORATION COM 75114 75114 WARNER BROS DISCOVERY INC COM SER A 6170 6170 WATSCO INC 142460 142460 WELLS FARGO CO NEW COM 48357 48357 874929 874929 0 0 CARLYLE GLOBAL FINANCIAL SERVICES AT COST 5883 5883 CORSAIR III AND 4C GPS I, II, & III AT COST 133126 133126 CRC BOND OPPORTUNITY TRADING FUND AT COST 605481 605481 CYNOSURE AVALON BUILDGROUP AT COST 458233 458233 CYNOSURE AVALON HOLDINGS AT COST 3354361 2180000 CYNOSURE FENWAY SUMMER AT COST 1327785 863000 CYNOSURE FERNWEH AND CYNOSURE III AT COST 19803 19803 CYNOSURE GPS AT COST 1121195 759000 CYNOSURE INVESTMENT PARTNERS AT COST 8915161 6062000 CYNOSURE PARTNERS 2020 CO-INV AT COST 755578 755578 CYNOSURE PARTNERS 2020 LP AT COST 2017103 1392000 CYNOSURE WEALTH PARTNERS AT COST 1819038 1182000 GMP LOAN AT COST 100000 100000 SORENSON CAPITAL PARTNERS II AT COST 534322 534322 WINDMILL INVESTMENTS LIMITED AT COST 105659 105659 LEGAL FEES 3644 0 3644 INSURANCE 6052 0 6052 OFFICE SUPPLIES AND EXPENSES 1500 0 1500 MISCELLANEOUS 613 0 0 PASSTHROUGH EXPENSES-UBI 1744 0 0 PASSTHROUGH EXPENSES-SECTION 179 1193 0 0 PASSTHROUGH EXPENSES-NONDUCTIBLE 11279 0 0 PASSTHROUGH EXPENSES-CHARITABLE 6608 0 6608 PASSTHROUGH EXPENSES-OTHER 315119 315119 0 PASSTHROUGH INVESTMENT INCOME 420424 420424 420424 TAX EXEMPT PASSTHROUGH INCOME 2977 0 2977 OTHER INCOME 16200 16200 16200 PASSTHROUGH UNRELATED BUSINESS INCOME 112054 112054 DEBT FINANCED PASSTHROUGH INVESTMENT INCOME 9338 9338 UNREALIZED GAINS / (LOSSES) 9510910 INVESTMENT MANAGEMENT FEES 36343 27257 9086 MANAGEMENT FEES 22800 17100 5700 INVESTMENT ADVISORY FEES 103492 77619 25873 THE FOLLOWING DETAILS ARE FOR THE ASSET GROUP OF NON-CONTROLLING INTERESTS IN 6 PRIVATE INVESTMENT HOLDING ENTITIES INCLUDED IN 'INVESTMENTS - OTHER' ON PART II OF THE 990-PF. THE CUMULATIVE INVESTORS' CAPITAL ACCOUNT STATEMENTS FOR THE ASSET GROUP AT JUNE 30, 2023 WAS $18,554,643 AND WAS NOT A CLEAR REFLECTION OF FAIR MARKET VALUE. THE DISCOUNT BEING CLAIMED FOR LACK OF MARKETABILITY AND LACK OF CONTROL IS $6,116,643.FAIR MARKET VALUE OF $12,438,000 IS SUPPORTED BY AN INDEPENDENT VALUATION REPORT DATED OCTOBER 19, 2023.A VALUATION REPORT WAS OBTAINED FOR THE PURPOSE OF DETERMINING FAIR MARKET VALUE IN COMPLIANCE WITH THE FIVE PERCENT DISTRIBUTION RULE UNDER SECTION 4942. THE ADJUSTMENTS CONFORM TO USPAP AND HAVE APPLIED APPROPRIATE ADJUSTMENTS FOR LACK OF CONTROL AND LACK OF MARKETABILITY IN ARRIVING AT FAIR MARKET VALUE. FEDERAL EXCISE TAX 31032 0 0 STATE TAX 21390 21390 0 FOREIGN TAXES 202 202 0