KULLMAN FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KULLMAN FAMILY FOUNDATION (EIN 81-2068836)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-04-08
- IRS object ID
- 202430999349100718
- Schema version
- 2023v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-08T12:03:27-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 510312742 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILMINGTON TRUST SP SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 N MARKET ST 4TH FL | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19890 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812068836 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KULLMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KULL | BusinessNameControlTxt |
| Phone | 3026518300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 N MARKET STREET 4TH FL | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19890 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID KULLMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3026518300 | PhoneNum |
| Signature | 2024-04-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | KULLMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA GOICURIA | PreparerPersonNm |
| PTIN | P02271914 | PTIN |
| Phone | 3024274618 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | 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 | $16,490,600 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $606,764 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $46,567 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $46,567 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $345,929 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $345,929 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$174,731 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,998,165 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $824,529 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $392,496 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,198 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,198 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $91,698 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $91,698 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $50 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $830 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $830 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $98,776 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $91,698 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,028 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $652,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $652,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $751,276 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $91,698 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $659,528 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $73,253 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $300,798 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $593 | CashBOYAmt |
| Cash EOY | $404 | CashEOYAmt |
| Cash EOYFMV | $404 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $403,125 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $337,622 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $337,622 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $8,874,467 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,450,903 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,322,410 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,378,327 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,480,434 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,424,751 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $398,925 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $434,245 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $405,413 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,055,437 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,703,608 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,490,600 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $13,055,437 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,703,608 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,055,437 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,703,608 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,055,437 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,703,608 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,055,437 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $73,253 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $13,128,690 | SubtotalAmt |
| Other Decreases | $425,082 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,703,608 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 22 SHARES OF AUTOZONE INC COM | 2022-01-01 | 2023-02-10 | $54,852 | $15,483 | $39,369 | $39,369 |
| 5834 UNITS OF ISHARES CORE MSCI EAFE ETF | 2022-01-01 | 2023-01-03 | $361,457 | $301,826 | $59,631 | $59,631 |
| 1219 UNITS OF ISHARES CORE MSCI EMERGING | 2022-01-01 | 2023-01-03 | $57,260 | $79,868 | -$22,608 | -$22,608 |
| 1005 UNITS OF ISHARES RUSSELL 2000 ETF | 2023-01-01 | 2023-01-03 | $173,760 | $186,416 | -$12,656 | -$12,656 |
| 2312.2 UNITS OF VANGUARD INFLATION-PROTECTED CL ADML | 2022-01-01 | 2023-01-03 | $6,505 | -$6,505 | -$6,505 | |
| 2312.2 UNITS OF VANGUARD INFLATION-PROTECTED CL ADML | 2023-01-01 | 2023-01-03 | $53,736 | $54,981 | -$1,245 | -$1,245 |
| 810 UNITS OF ISHARES S&P SM-CAP 600 GROWTH ETF | 2022-01-01 | 2023-02-27 | $93,872 | $101,966 | -$8,094 | -$8,094 |
| 446 UNITS OF ISHARES RUSSELL 1000 ETF | 2022-01-01 | 2023-07-31 | $112,396 | $102,706 | $9,690 | $9,690 |
| 983 UNITS OF ISHARES S&P 500 GROWTH ETF | 2022-01-01 | 2023-07-31 | $71,344 | $66,473 | $4,871 | $4,871 |
| 6761 SHARES OF CHEMOURS COMPANY | 2022-01-01 | 2023-12-05 | $194,290 | $235,329 | -$41,039 | -$41,039 |
| 5574 SHARES OF DUPONT DE NEMOURS INC | 2022-01-01 | 2023-12-05 | $394,341 | $586,505 | -$192,164 | -$192,164 |
| 15000 PAR VALUE OF MICROSOFT CORP | 2022-01-01 | 2023-02-23 | $14,932 | $15,000 | -$68 | -$68 |
| 15000 PAR VALUE OF MICROSOFT CORP | 2022-01-01 | 2023-04-14 | $14,993 | $14,866 | $127 | $127 |
| 40000 PAR VALUE OF PEPSICO INC | 2022-01-01 | 2023-04-14 | $39,955 | $39,921 | $34 | $34 |
| 25000 PAR VALUE OF MICROSOFT CORP | 2022-01-01 | 2023-05-01 | $25,000 | $24,927 | $73 | $73 |
| 35000 PAR VALUE OF ECOLAB INC | 2022-01-01 | 2023-05-03 | $34,006 | $34,976 | -$970 | -$970 |
| 15000 PAR VALUE OF KEYCORP MTN | 2023-01-01 | 2023-05-05 | $13,686 | $15,009 | -$1,323 | -$1,323 |
| 65000 PAR VALUE OF JPMORGAN CHASE & CO | 2022-01-01 | 2023-05-18 | $65,000 | $64,952 | $48 | $48 |
| 50000 PAR VALUE OF GEORGIA POWER | 2022-01-01 | 2023-07-30 | $50,000 | $49,990 | $10 | $10 |
| 25000 PAR VALUE OF BANK OF NY MTN V-D | 2022-01-01 | 2023-09-11 | $24,599 | $25,000 | -$401 | -$401 |
| 60000 PAR VALUE OF BANK OF AMER CRP MTN | 2022-01-01 | 2023-09-25 | $59,666 | $60,200 | -$534 | -$534 |
| 30000 PAR VALUE OF TOYOTA MOTOR CORP | 2022-01-01 | 2023-10-12 | $29,321 | $30,000 | -$679 | -$679 |
| 30000 PAR VALUE OF BNY MELLON MTN | 2022-01-01 | 2023-11-09 | $29,835 | $30,000 | -$165 | -$165 |
| 20000 PAR VALUE OF VIRGINIA EL & PWR | 2022-01-01 | 2023-11-09 | $19,864 | $20,004 | -$140 | -$140 |
| 10000 PAR VALUE OF ECOLAB INC | 2022-01-01 | 2023-12-15 | $10,000 | $9,993 | $7 | $7 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$174,731 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,181 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,181 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,181 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $22,201 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $22,201 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $18,020 | OverpaymentAmt |
| Applied To ES Tax | $18,020 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WILMINGTON TRUST SP SERVICES INC | IndividualWithBooksNm |
| Phone | 3026518300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 N MARKET STREET 4TH FL | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19890 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID KULLMAN | ||||||||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | PRESIDENT/CLASS A DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARGARET KULLMAN | ||||||||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | TREASURER/CLASS A DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEPHEN KULLMAN | ||||||||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | SECRETARY/CLASS A DIRECTOR | 1.00 | $0 | $0 | $0 |
| ELLEN J KULLMAN | ||||||||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | CLASS A DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHAEL E KULLMAN | ||||||||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | CLASS A DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILMINGTON TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 N MARKET STREET 4TH FL | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19890 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $91,698 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,376,695 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $492 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,377,187 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,377,187 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $230,658 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,146,529 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $757,326 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $757,326 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,181 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,181 | TotalTaxAmt |
| Distributable Before Adj | $753,145 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $753,145 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $753,145 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $659,528 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $659,528 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $753,145 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $656,692 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $659,528 | QualifyingDistributionsAmt |
| Applied To Year1 | $656,692 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,836 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $750,309 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | KULLMAN FAMILY FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 N MARKET STREET 4TH FL | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19890 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3026518300 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATIONS CAN BE SUBMITTED TO THE FOUNDATION FROM QUALIFIED IRC SECTION 501(C)(3) ORGANIZATIONS, SUPPORTED BY SUCH FOLLOW-UP DETAIL AND BUDGETING INFORMATION AS THE BOARD MAY REQUIRE. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | 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 |
|---|---|---|---|---|---|---|---|
| DELAWARE ART MUSEUM | |||||||
| 2301 KENTMERE PARKWAY | WILMINGTON | DE | 19806 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $50,000 |
| JOHNS HOPKINS UNIVERSITY CENTER FOR AMERICAN INDIAN HEALTH | |||||||
| 415 N WASHINGTON STREET ROOM 461 | BALTIMORE | MD | 21231 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $112,500 |
| NORTHWESTERN UNIVERSITY - KELLOGG SCHOOL OF MANAGEMENT | |||||||
| 1007 CHURCH STREET SUITE 400 | EVANSTON | IL | 60201 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $100,000 |
| TOWER HILL SCHOOL | |||||||
| 2813 W 17TH STREET | WILMINGTON | DE | 19806 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $150,000 |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET SUITE 305 | PHILADELPHIA | PA | 19104 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $200,000 |
| DELAWARE THEATRE COMPANY | |||||||
| 200 WATER STREET | WILMINGTON | DE | 19801 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $25,000 |
| ROBIN HOOD FOUNDATION | |||||||
| 826 BROADWAY 9TH FLOOR | NEW YORK | NY | 10003 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $10,000 |
| THE PRECISION INSTITUTE | |||||||
| 2 RIGHTER PARKWAY SUITE 215 | WILMINGTON | DE | 19807 | NONE | PUBLIC CHARITY | TO SUPPORT CHARITABLE ENDEAVORS | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $652,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $46,567 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $345,929 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$174,731 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $217,765 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $217,765 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (12 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| MICHAEL KULLMAN | |||||||
| 1 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $78,765 | Yes (X) | Yes (X) |
| MICHAEL KULLMAN | |||||||
| 2 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $25,370 | Yes (X) | Yes (X) |
| MICHAEL KULLMAN | |||||||
| 3 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $80,237 | Yes (X) | Yes (X) |
| MICHAEL KULLMAN | |||||||
| 4 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $80,065 | Yes (X) | Yes (X) |
| MICHAEL KULLMAN | |||||||
| 5 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $41,525 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 6 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $97,755 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 7 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $12,782 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 8 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $19,172 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 9 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $31,954 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 10 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $49,848 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 11 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $72,384 | Yes (X) | Yes (X) |
| ELLEN KULLMAN | |||||||
| 12 | 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 | $16,907 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (12 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 105 SHARES OF ASML HOLDING N.V. | $78,765 | 2023-12-15 |
| 2 | 440 SHARES OF CANADIAN NATURAL RESOURCES LTD | $25,370 | 2023-12-15 |
| 3 | 820 SHARES OF NOVO-NORDISK A/S SPONS ADR STOCK | $80,237 | 2023-12-15 |
| 4 | 775 SHARES OF TAIWAN SEMICONDUCTOR SPON ADR STOCK | $80,065 | 2023-12-15 |
| 5 | 615 SHARES OF TOTALENERGIES SE SPONSORED ADR STOCK | $41,525 | 2023-12-15 |
| 6 | 500 SHARES OF APPLE INC | $97,755 | 2023-12-18 |
| 7 | 100 SHARES OF BLACKSTONE INC | $12,782 | 2023-12-18 |
| 8 | 150 SHARES OF BLACKSTONE INC | $19,172 | 2023-12-18 |
| 9 | 250 SHARES OF BLACKSTONE INC | $31,954 | 2023-12-18 |
| 10 | 390 SHARES OF BLACKSTONE INC | $49,848 | 2023-12-18 |
| 11 | 137 SHARES OF UNITEDHEALTH GROUP INC | $72,384 | 2023-12-18 |
| 12 | 32 SHARES OF UNITEDHEALTH GROUP INC | $16,907 | 2023-12-18 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,198 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,198 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PUBLICLY TRADED CORPORATE BONDS | BondNm |
| EOY Book Value | $3,480,434 | EOYBookValueAmt |
| EOYFMV | $3,424,751 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLICLY TRADED SECURITIES | StockNm |
| EOY Book Value | $8,450,903 | EOYBookValueAmt |
| EOYFMV | $12,322,410 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS - OTHER | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $434,245 | BookValueAmt |
| EOYFMV | $405,413 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STOCK CONTRIBUTION FAIR MARKET VALUE DIFFERENTIAL | Desc |
| Amt | $425,082 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK SERVICE CHARGES | $150 | $0 | $150 |
| OTHER EXPENSES | $680 | $0 | $680 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $91,698 | Amt |
| Net Investment Income | $91,698 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| ELLEN KULLMAN | |||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 |
| MICHAEL KULLMAN | |||
| 1100 N MARKET STREET 4TH FL | WILMINGTON | DE | 19890 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DE FRANCHISE TAX | CategoryTxt |
| Amt | $50 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments