KANE FAMILY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- KANE FAMILY FOUNDATION INC (EIN 90-0689673)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-03-22
- IRS object ID
- 202400829349100170
- Schema version
- 2022v5.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-22T10:50:24-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 South Tejon Suite 800 | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 809039848 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900689673 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kane Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE FOUNDATION | InCareOfNm |
| Business Name Control | KANE | BusinessNameControlTxt |
| Phone | 7193815629 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6510-A SOUTH ACADEMY BLVD BOX 285 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80906 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tad A Goodenbour | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7193815629 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Tad A | PersonFirstNm |
| Person Last | Goodenbour | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael Schroeder CPA | PreparerPersonNm |
| PTIN | P01598913 | PTIN |
| Phone | 7194714290 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $34,747,019 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,238 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,238 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $583,225 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $576,975 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $485,609 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,877,825 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $485,609 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,070,072 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,063,822 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $138,600 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $34,650 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $103,950 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,247 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,247 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,488 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,488 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $109,697 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $109,697 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $19,011 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,011 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,958 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,218 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $739 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $282,488 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $153,064 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $113,424 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $987,223 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,305,223 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,269,711 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $153,064 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,418,647 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$199,639 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $910,758 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $931,101 | CashBOYAmt |
| Cash EOY | $472,902 | CashEOYAmt |
| Cash EOYFMV | $472,902 | CashEOYFMVAmt |
| US Government Obligations BOY | $1,134,761 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,009,600 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,009,600 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $25,573,178 | CorporateStockBOYAmt |
| Corporate Stock EOY | $27,509,129 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,509,129 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,853,773 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,755,388 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,755,388 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $40,567 | OtherAssetsBOYAmt |
| Other Assets EOY | $42,840 | OtherAssetsEOYAmt |
| Total Assets BOY | $32,533,380 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,789,859 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $34,747,019 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,630,378 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,312,378 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,630,378 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,312,378 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $27,903,002 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,477,481 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,903,002 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,477,481 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $32,533,380 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $34,789,859 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,903,002 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$199,639 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,774,118 | OtherIncreasesAmt |
| Subtotal | $30,477,481 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $30,477,481 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $3,877,825 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,392,216 | CostOrOtherBasisAmt |
| Gain Or Loss | $485,609 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $485,609 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $485,609 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,660 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,660 | SubtotalAmt |
| Tax Based On Investment Income | $12,660 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,726 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $11,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $25,726 | TotalPaymentsAndCreditsAmt |
| Overpayment | $13,066 | OverpaymentAmt |
| Applied To ES Tax | $13,066 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.KANEFAMILYFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7194714290 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 S TEJON ST SUITE 800 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GREGORY L JOHNSON | ||||||||
| 6510-A SOUTH ACADEMY BLVD BOX 285 | COLORADO SPRINGS | CO | 80906 | CO-TRUSTEE | 0 | $46,200 | $0 | $0 |
| WILLIAM S CORRIGAN | ||||||||
| 6510-A SOUTH ACADEMY BLVD BOX 285 | COLORADO SPRINGS | CO | 80906 | CO-TRUSTEE | 0 | $46,200 | $0 | $0 |
| TAD A GOODENBOUR | ||||||||
| 111 S TEJON STREET SUITE 800 | COLORADO SPRINGS | CO | 80903 | CO-TRUSTEE | 0 | $46,200 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $32,228,275 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,150,079 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $42,840 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,421,194 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,421,194 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $501,318 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,919,876 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,645,994 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,645,994 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,660 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,660 | TotalTaxAmt |
| Distributable Before Adj | $1,633,334 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,633,334 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,633,334 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,418,647 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,418,647 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,633,334 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $191,439 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Qualifying Distributions | $1,418,647 | QualifyingDistributionsAmt |
| Applied To Year1 | $191,439 | AppliedToYear1Amt |
| Applied To Current Year | $1,227,208 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $406,126 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CONTACT THE TRUSTEES | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6510-A SOUTH ACADEMY BLVD BOX 285 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80906 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7193815629 | RecipientPhoneNum |
| Form And Info And Materials | PLEASE CONTACT THE TRUSTEES TO RECEIVE DETAILS OF SCHOLARSHIP FORMS AND REQUIREMENTS. INFORMATION IS ALSO AVAILABLE THROUGH LINKS ON THE FOUNDATION'S WEBSITE AT: WWW.KANEFAMILYFOUNDATION.ORG | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE. | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS WILL ONLY BE MADE FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AWARDS ARE LIMITED TO SCHOLARSHIPS FOR EDUCATION AND FOR QUALIFIED MEDICAL RESEARCH. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| UNIVERSITY OF COLORADO FOUNDATION | |||||||
| 1420 AUSTIN BLUFFS PKWY | COLORADO SPRINGS | CO | 80918 | NON-AFFILIATE | PC | SCHOLARSHIPS | $624,843 |
| PIKES PEAK COMMUNITY COLLEGE FOUNDATION | |||||||
| 5675 S ACADEMY BLVD | COLORADO SPRINGS | CO | 80906 | NON-AFFILIATE | PC | SCHOLARSHIPS | $85,693 |
| COLORADO STATE UNIVERSITY-PUEBLO Foundation | |||||||
| 220 BONFORTE BLVD | PUEBLO | CO | 810014901 | NON-AFFILIATE | PC | SCHOLARSHIPS | $401,287 |
| TRINIDAD State education Foundation | |||||||
| 600 PROSPECT STREET | TRINIDAD | CO | 81082 | NON-AFFILIATE | PC | SCHOLARSHIPS | $24,424 |
| LAMAR COMMUNITY COLLEGE | |||||||
| 2401 S MAIN ST | LAMAR | CO | 81052 | NON-AFFILIATE | PC | SCHOLARSHIPS | $39,585 |
| PUEBLO COMMUNITY COLLEGE FOundation | |||||||
| 900 WEST ORMAN AVENUE | PUEBLO | CO | 810041499 | NON-AFFILIATE | PC | SCHOLARSHIPS | $73,319 |
| OTERO COMMUNITY COLLEGE | |||||||
| 1802 COLORADO AVENUE | LA JUNTA | CO | 81050 | NON-AFFILIATE | PC | SCHOLARSHIPS | $39,503 |
| PEAK EDUCATION | |||||||
| 1645 S Murray Blvd | COLORADO SPRINGS | CO | 80916 | NON-AFFILIATE | PC | SCHOLARSHIPS | $16,568 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,305,222 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,238 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $583,225 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $485,609 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,070,072 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,070,072 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,975 | Amt |
| Net Investment Income | $3,488 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,488 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (45 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M 2% DUE 2/14/25 | $117,972 | $117,972 |
| ADP 1.7% 5/15/28 | $131,798 | $131,798 |
| AIR PRODUCTS 1.85% 5/15/27 | $269,816 | $269,816 |
| ALLSTATE 3.15% 6/15/23 | $0 | $0 |
| ALPHABET 3.375% 2/25/24 | $118,454 | $118,454 |
| APPLE NOTE 2.45% 8/4/26 | $187,110 | $187,110 |
| BNSF 3.65% | $145,422 | $145,422 |
| BRISTOL MYERS 3.45% | $143,861 | $143,861 |
| BRISTOL MYERS 3.9% | $145,619 | $145,619 |
| BERKSHIRE HATHAWAY 2.75%, 3/15 | $0 | $0 |
| BOULDER COUNTY 2.5% 10/15/23 | $249,280 | $249,280 |
| CHEVRON 2.954% 5/16/26 | $95,042 | $95,042 |
| COCA-COLA | $125,013 | $125,013 |
| DANAHER 3.35% 9/15/25 | $96,269 | $96,269 |
| DUKE ENERGY 2.45% 8/15/29 | $129,025 | $129,025 |
| DUKE ENERGY 2.95% DUE 12/1/26 | $116,190 | $116,190 |
| EMERSON ELECTRIC 1.95% | $103,807 | $103,807 |
| EXXON MOBIL 2.275% 8/16/26 | $138,976 | $138,976 |
| GOOGLE 3.375 2/25/24 | $148,067 | $148,067 |
| GRAINGER 1.85% 2/15/25 | $94,510 | $94,510 |
| HERSHEY 1.7% | $103,343 | $103,343 |
| HOME DEPOT, 3.9%, 12/06/28 | $121,027 | $121,027 |
| HONEYWELL 2.7% | $89,109 | $89,109 |
| INTEL 1.6% | $128,831 | $128,831 |
| JP MORGAN 3.25% 9/23/22 | $0 | $0 |
| LOWES 3.125% 9/15/24 | $145,478 | $145,478 |
| MASTERCARD 3.3% 3/26/27 | $95,527 | $95,527 |
| MERCK BOND 3.4% | $140,379 | $140,379 |
| MICROSOFT 2.375% 2/12/22 | $192,260 | $192,260 |
| MID-AMERICA ENERGY 3.1% | $93,253 | $93,253 |
| MIDAMERICAN ENERGY 3.65% | $92,764 | $92,764 |
| NEXTERA ENERGY 3.125% 12/1/25 | $95,250 | $95,250 |
| PEPSICO 1.625% | $83,132 | $83,132 |
| PEPSICO 2.85% | $142,846 | $142,846 |
| PEPSICO 3% 10/15/27 | $117,805 | $117,805 |
| PNC 2.854% 11/9/22 | $0 | $0 |
| SALESFORCE.COM | $86,025 | $86,025 |
| STRYKER 3.375% 5/15/24 | $122,696 | $122,696 |
| TEXAS INST. 2.25% | $108,929 | $108,929 |
| TOYOTA .681% 3/25/24 | $144,688 | $144,688 |
| TOYOTA 3.669% 7/20/28 | $95,815 | $95,815 |
| UNION PACIFIC 2.95%, 1/15/23 | $0 | $0 |
| UPS 2.45% 10/1/22 | $0 | $0 |
| VISA 2.15% 9/15/22 | $0 | $0 |
| VISA 2.8% 12/14/22 | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (43 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $774,042 | $774,042 |
| AIR PRODUCTS & CHEMICALS | $359,436 | $359,436 |
| APPLE | $2,230,655 | $2,230,655 |
| AUTO DATA PROCESSING | $835,202 | $835,202 |
| BECTON DICKINSON | $633,624 | $633,624 |
| BERKSHIRE HATHAWAY B SHARES | $1,193,500 | $1,193,500 |
| CHARLES SCHWAB CORP | $255,060 | $255,060 |
| CHEVRON | $491,719 | $491,719 |
| CISCO SYSTEMS INC | $0 | $0 |
| COCA-COLA | $677,475 | $677,475 |
| COLGATE PALMOLIVE | $338,976 | $338,976 |
| COSTCO | $592,218 | $592,218 |
| DANAHER | $1,272,000 | $1,272,000 |
| DIAGEO PLC | $550,799 | $550,799 |
| DODGE & COX INCOME FUND | $0 | $0 |
| EMERSON ELECTRIC | $390,937 | $390,937 |
| FEDEX | $0 | $0 |
| FISERV INC | $630,750 | $630,750 |
| $1,185,506 | $1,185,506 | |
| HOME DEPOT INC | $419,364 | $419,364 |
| ILLINOIS TOOL WORKS | $1,119,466 | $1,119,466 |
| ISHARES ALL COUNTRY ASIA | $0 | $0 |
| ISHARES MSCI EAFE INDEX FUND | $833,750 | $833,750 |
| ISHARES MSCI EMERGING MKT FUND | $270,986 | $270,986 |
| ISHARES RUSSELL 2000 INDEX FUN | $903,578 | $903,578 |
| ISHARES S&P MIDCAP 400 INDEX F | $1,019,772 | $1,019,772 |
| JOHNSON AND JOHNSON | $736,564 | $736,564 |
| LINDE PLC | $647,836 | $647,836 |
| MCCORMICK & CO | $562,633 | $562,633 |
| MERCK & CO INC | $357,709 | $357,709 |
| MICROSOFT | $1,949,591 | $1,949,591 |
| NESTLE SA ADR | $664,934 | $664,934 |
| NIKE | $623,590 | $623,590 |
| PEPSICO | $930,731 | $930,731 |
| PROCTER AND GAMBLE | $720,765 | $720,765 |
| SCHWAB U.S. TIPS EFT | $254,286 | $254,286 |
| STARBUCKS CORP | $797,433 | $797,433 |
| STRYKER | $1,006,797 | $1,006,797 |
| VISA CLASS A | $884,613 | $884,613 |
| WALT DISNEY CO | $392,832 | $392,832 |
| ZIMMER BIOMET HOLDINGS INC | $0 | $0 |
| DREYFUS GLOBAL FIXED INC. FUND | $0 | $0 |
| VANGUARD ST INVEST. GRADE | $0 | $0 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,009,600 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,009,600 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,247 | LegalFeesAmt |
| Disbursements Charitable Prps | $5,247 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED BOND INTEREST | Desc |
| BOY Book Value | $40,567 | BOYBookValueAmt |
| EOY Book Value | $42,840 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND OTHER FEES | $1,760 | $1,320 | $440 |
| SCHOLAR RECOGNITION | $1,198 | $898 | $299 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $2,774,118 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUTURE FUNDING OBLIGATIONS | Desc |
| BOY Book Value | $4,630,378 | BOYBookValueAmt |
| EOY Book Value | $4,312,378 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $109,697 | Amt |
| Net Investment Income | $109,697 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX ON INVESTMENTS | $3,011 | $3,011 |
| 2022 FEDERAL EXTENSION PAYMENT | $16,000 | $0 |