Frank Livermore Trust

Menlo Park, CA
Tax-exempt since Nov. 1985
EIN: 77-0057575

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$80.3k (2025)

Expenses

$114k (2025)

Total Assets

$1.51M (2025)

Total Liabilities

$96 (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Revenue

$80,275

Expenses

$113,530

Net Income

-$33,255

Net Assets

$1,514,274

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,130	2.7%
Interest Revenue	$26,428	32.9%
Dividends	$33,461	41.7%
Sales of Assets	$18,256	22.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$103,950	91.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,514,370
Total Liabilities	$96
Net Assets	$1,514,274

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Trustee)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Chairman)	$0	$0
Ryan Kelly (Treasurer)	$0	$0

+ View more people

990-PF

Filed on Nov. 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2024

Revenue

$74,110

Expenses

$102,785

Net Income

-$28,675

Net Assets

$1,524,898

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$27,832	37.6%
Dividends	$35,921	48.5%
Sales of Assets	$10,357	14.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$96,944	94.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,524,898
Total Liabilities	$0
Net Assets	$1,524,898

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Chairman)	$0	$0
Ryan Kelly (Scholarship)	$0	$0

+ View more people

990-PF

Filed on Nov. 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2023

Revenue

$77,033

Expenses

$98,246

Net Income

-$21,213

Net Assets

$1,509,411

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$31,000	40.2%
Dividends	$32,042	41.6%
Sales of Assets	$13,991	18.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,588	94.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,509,411
Total Liabilities	$0
Net Assets	$1,509,411

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Chairman)	$0	$0
Ryan Kelly (Scholarship)	$0	$0

+ View more people

990-PF

Filed on Aug. 31, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2022

Revenue

$77,155

Expenses

$87,281

Net Income

-$10,126

Net Assets

$1,546,227

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$26,639	34.5%
Dividends	$30,918	40.1%
Sales of Assets	$19,598	25.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$81,665	93.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,546,227
Total Liabilities	$0
Net Assets	$1,546,227

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Chairman)	$0	$0
Ryan Kelly (Scholarship)	$0	$0

+ View more people

990-PF

Filed on Oct. 26, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$71,655

Expenses

$96,218

Net Income

-$24,563

Net Assets

$1,570,124

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$29,666	41.4%
Dividends	$30,457	42.5%
Sales of Assets	$11,532	16.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$90,695	94.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,570,334
Total Liabilities	$210
Net Assets	$1,570,124

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Chairman)	$0	$0
Ryan Kelly (Scholarship)	$0	$0

+ View more people

990-PF

Filed on Sept. 20, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2020

Revenue

$79,177

Expenses

$106,605

Net Income

-$27,428

Net Assets

$1,463,557

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$38,943	49.2%
Dividends	$31,199	39.4%
Sales of Assets	$9,035	11.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$101,341	95.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,463,567
Total Liabilities	$10
Net Assets	$1,463,557

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Trustee)	$0	$0
Ryan Kelly (Trustee)	$0	$0

+ View more people

990-PF

Filed on Aug. 19, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2019

Revenue

$86,441

Expenses

$105,712

Net Income

-$19,271

Net Assets

$1,571,122

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$40,024	46.3%
Dividends	$31,770	36.8%
Sales of Assets	$14,647	16.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$99,668	94.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,572,049
Total Liabilities	$927
Net Assets	$1,571,122

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Trustee)	$0	$0
Ryan Kelly (Trustee)	$0	$0

+ View more people

990-PF

Filed on Oct. 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2018

Revenue

$80,920

Expenses

$117,386

Net Income

-$36,466

Net Assets

$1,546,256

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35,153	43.4%
Dividends	$31,497	38.9%
Sales of Assets	$14,270	17.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$111,350	94.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,546,379
Total Liabilities	$123
Net Assets	$1,546,256

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Trustee)	$0	$0
Ryan Kelly (Trustee)	$0	$0

+ View more people

990-PF

Filed on Oct. 22, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2017

Revenue

$80,342

Expenses

$119,556

Net Income

-$39,214

Net Assets

$1,542,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35,435	44.1%
Dividends	$33,996	42.3%
Sales of Assets	$10,911	13.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$111,350	93.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,542,340
Total Liabilities	$7
Net Assets	$1,542,333

Compensation

Key Employees and Officers	Compensation	Other
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Carl Moerdyke (Trustee)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2016

Revenue

$80,227

Expenses

$121,589

Net Income

-$41,362

Net Assets

$1,643,514

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$71,634	89.3%
Sales of Assets	$8,593	10.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$116,940	96.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,643,556
Total Liabilities	$42
Net Assets	$1,643,514

Compensation

Key Employees and Officers	Compensation	Other
Carl Moerdyke (Chairman)	$0	$0
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Ken Kormanak (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0

+ View more people

990-PF

Filed on Nov. 3, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2015

Revenue

$85,954

Expenses

$122,270

Net Income

-$36,316

Net Assets

$1,597,456

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$85,010	98.9%
Sales of Assets	$944	1.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$117,263	95.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,597,607
Total Liabilities	$151
Net Assets	$1,597,456

Compensation

Key Employees and Officers	Compensation	Other
Carl Moerdyke (Chairman)	$0	$0
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Roger Broussal (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0

+ View more people

990-PF

Filed on Dec. 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2014

Revenue

$67,732

Expenses

$124,051

Net Income

-$56,319

Net Assets

$1,674,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$73,661	> 100%
Sales of Assets	-$5,929
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$117,554	94.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,675,138
Total Liabilities	$742
Net Assets	$1,674,396

Compensation

Key Employees and Officers	Compensation	Other
Carl Moerdyke (Chairman)	$0	$0
Charles Gillis (Treasurer)	$0	$0
James P Todd (Trustee)	$0	$0
Jeff Pickett (Secretary)	$0	$0
Roger Broussal (Trustee)	$0	$0
Shelly Monfort (Trustee)	$0	$0
William Stark (Trustee)	$0	$0

+ View more people

990-PF

Filed on Nov. 5, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2013

Revenue

$689,059

Expenses

$115,135

Net Income

$573,924

Net Assets

$1,603,831

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$622,162	90.3%
Interest Revenue	$0
Dividends	$66,897	9.7%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,000	20.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,603,832
Total Liabilities	$1
Net Assets	$1,603,831

990-PF

Filed on Nov. 14, 2013

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2012

Revenue

$79,834

Expenses

$113,677

Net Income

-$33,843

Net Assets

$754,551

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$40,172	50.3%
Sales of Assets	$0
Other Income	$76,806	96.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,400	21.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$754,552
Total Liabilities	$1
Net Assets	$754,551

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Frank Livermore Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $80.3k (2025)

Expenses $114k (2025)

Total Assets $1.51M (2025)

Total Liabilities $96 (2025)

Tax Filings by Year

Fiscal Year Ending June 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$80.3k (2025)

Expenses

$114k (2025)

Total Assets

$1.51M (2025)

Total Liabilities

$96 (2025)

Fiscal Year Ending June
2025

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002