KEENAN FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KEENAN FOUNDATION INC (EIN 20-5331576)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-04-08
IRS object ID
202500989349100610
Schema version
2024v5.0
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

FieldValueIRS element (for citing)
Return2025-04-08T11:19:59-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN823855207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONSILIUM PARTNER GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11001 SUMMIT BLVD STE 1150AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303196418ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205331576EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KEENAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKEENBusinessNameControlTxt
Phone6782681317PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1355 BROOK FORD POINTAddressLine1Txt
CityALPHARETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRUCE C KEENANPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone6782681317PhoneNum
Signature2025-04-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAUREN R HINESPreparerPersonNm
PTINP00836382PTIN
Phone4044004200PhoneNum
Preparation2025-04-02PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,686,488FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$26,472InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$26,472InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$26,472InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$18,814DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,814DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,814DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$3,624NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$114,165GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$3,624CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$2,199NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$64,660OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$64,660OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$64,660OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$113,570TotalRevAndExpnssAmt
Total Net Invst Incm$113,570TotalNetInvstIncmAmt
Total Adj Net Incm$112,145TotalAdjNetIncmAmt
Taxes Rev And Expnss$337TaxesRevAndExpnssAmt
Taxes Net Invst Incm$337TaxesNetInvstIncmAmt
Taxes Adj Net Incm$337TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$330OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$330OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$330OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$667TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$667TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$667TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$145,085ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$145,085ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$145,752TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$667TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$667TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$145,085TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$32,182ExcessRevenueOverExpensesAmt
Net Investment Income$112,903NetInvestmentIncomeAmt
Adjusted Net Income$111,478AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$80,830CashBOYAmt
Cash EOY$129,326CashEOYAmt
Cash EOYFMV$129,326CashEOYFMVAmt
Corporate Stock BOY$1,025,839CorporateStockBOYAmt
Corporate Stock EOY$937,604CorporateStockEOYAmt
Corporate Stock EOYFMV$1,009,662CorporateStockEOYFMVAmt
Other Investments BOY$959,445OtherInvestmentsBOYAmt
Other Investments EOY$955,752OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,540,000OtherInvestmentsEOYFMVAmt
Other Assets EOY$7,500OtherAssetsEOYAmt
Other Assets EOYFMV$7,500OtherAssetsEOYFMVAmt
Total Assets BOY$2,066,114TotalAssetsBOYAmt
Total Assets EOY$2,030,182TotalAssetsEOYAmt
Total Assets EOYFMV$2,686,488TotalAssetsEOYFMVAmt
Other Liabilities BOY$3,750OtherLiabilitiesBOYAmt
Total Liabilities BOY$3,750TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,062,364RetainedEarningBOYAmt
Retained Earning EOY$2,030,182RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,062,364TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,030,182TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,066,114TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,030,182TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,062,364TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$32,182ExcessRevenueOverExpensesAmt
Subtotal$2,030,182SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,030,182TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyMERRILL LYNCHPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2024-01-01AcquiredDt
Sold2024-12-31SoldDt
Gross Sales Price$112,740GrossSalesPriceAmt
Cost Or Other Basis$110,541CostOrOtherBasisAmt
Gain Or Loss$2,199GainOrLossAmt
Gains Minus Excess Or Losses$2,199GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$3,624CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$2,199NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,569InvestmentIncomeExciseTaxAmt
Subtotal$1,569SubtotalAmt
Tax Based On Investment Income$1,569TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$18EsPenaltyAmt
Tax Due$1,587TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksBRUCE C KEENANIndividualWithBooksNm
Phone6782681317PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1865 LOS ANGELES AVE NEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30306ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BRUCE C KEENAN
865 LOS ANGELES AVE NEATLANTAGA30306DIRECTOR000.00$0$0$0
SUSAN G KEENAN
865 LOS ANGELES AVE NEATLANTAGA30306DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,043,986AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$111,278AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,519,917FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,675,181TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,675,181AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$40,128CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,635,053NetVlNoncharitableAssetsAmt
Minimum Investment Return$131,753MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$131,753MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,569TaxBasedOnInvestmentIncomeAmt
Total Tax$1,569TotalTaxAmt
Distributable Before Adj$130,184DistributableBeforeAdjAmt
Distributable Before Ded$130,184DistributableBeforeDedAmt
Distributable As Adjusted$130,184DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$145,085ExpensesAndContributionsAmt
Qualifying Distributions$145,085QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$130,184DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$6,125ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$6,125TotalExcessDistributionCyovAmt
Qualifying Distributions$145,085QualifyingDistributionsAmt
Applied To Current Year$130,184AppliedToCurrentYearAmt
Remaining Distri From Corpus$14,901RemainingDistriFromCorpusAmt
Total Corpus$21,026TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$21,026ExcessDistriCyovToNextYrAmt
Excess From Year1$6,125ExcessFromYear1Amt
Excess From Current Year$14,901ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2TxtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
HIMALAYAN CHILDRENS CHARITIES
865 LOS ANGELES AVE NEATLANTAGA30306501(C)(3) SUPPORT$86,585
EYES FROM THE ASHES FOUNDATION
PO BOX 1136BRYN MAWRPA190101218501(C)(3) SUPPORT$8,000
TIE ATLANTA FOUNDATION
4780 ASHFORD DUNWOODY ROAATLANTAGA30338501(C)(3) SUPPORT$1,000SUITE 540-13
GEORGIA CAMPAIGN FOR ASOLESCENT
1849 THE EXCHANGE SEATLANTAGA30339501(C)(3) SUPPORT$20,000SUITE 200POWER & POTENTIAL
BENEFIT GUA
267 KENTLANDS BLVDGAITHERSBURGMD20878501(C)(3) SUPPORT$2,500UNIT 600
KIOCH
1409 DARTMOUTH DRSOUTHLAKETX76092501(C)(3) SUPPORT$10,000
FAMILIES FIRST
80 JOSEPH E LOWERY BLVDATLANTAGA30314501(C)(3) SUPPORT$5,000
WORDS OF PEACE
4607 LAKEVIEW CANYON RDWESTLAKE VILLAGECA91361501(C)(3) SUPPPORT$7,000570
JOHNS CREEK NORTH FULTON ROTARY
11180 MEDLOCK BRIDGE RDJOHNS CREEKGA30097501(C)(3) SUPPORT$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$145,085TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,472ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,814ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$353ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$3,624ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescLAURELWOOD HOLDINGS IIDesc
Exclusion16ExclusionCd
Exclusion$64,307ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$113,570ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$113,570TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MERRILL LYNCH$936,149$1,008,207
DIVIDEND RECEIVABLE$1,455$1,455

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLAURELWOOD HOLDINGS IICategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$955,752BookValueAmt
EOYFMV$1,540,000EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM LAURELWOOD IIDesc
EOY Book Value$7,500EOYBookValueAmt
EOYFMV$7,500EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
OTHER EXPENSES$330$330$330

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME$353$353$353
LAURELWOOD HOLDINGS II$64,307$64,307$64,307

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO LAURELWOOD IIDesc
BOY Book Value$3,750BOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXES PAIDCategoryTxt
Amt$337Amt
Net Investment Income$337NetInvestmentIncomeAmt
Adjusted Net Income$337AdjustedNetIncomeAmt

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