BETA

JKF FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
JKF FOUNDATION (EIN 83-2903105)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202421369349104682
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-15T13:54:50-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN421163315PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bradley & Riley PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12007 First Avenue SEAddressLine1Txt
CityCedar RapidsCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52406ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832903105EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JKF FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJKFFBusinessNameControlTxt
Phone3197215486PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14438 BUCKINGHAM LANEAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52245ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY K FLECKPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEFFREY KPersonFirstNm
Person LastFLECKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAndrew J SeyferPreparerPersonNm
PTINP01721745PTIN
Phone3193630101PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,016,145FMVAssetsEOYAmt
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$37,456InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$37,456InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$37,456InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$9,216DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,216DividendsNetInvstIncmAmt
Dividends Adj Net Incm$9,216DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$7,952NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,876,183GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,952CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$6,769NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$54,624TotalRevAndExpnssAmt
Total Net Invst Incm$54,624TotalNetInvstIncmAmt
Total Adj Net Incm$53,441TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$675LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$675LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$6,726OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$6,726OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,401TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,401TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$79,050ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$79,050ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$86,451TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,401TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$79,050TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$31,827ExcessRevenueOverExpensesAmt
Net Investment Income$47,223NetInvestmentIncomeAmt
Adjusted Net Income$53,441AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,937CashBOYAmt
Cash EOY$462CashEOYAmt
Cash EOYFMV$462CashEOYFMVAmt
Sav And Temp Cash Invst BOY$303,891SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$335,233SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$335,233SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$750,482OtherInvestmentsBOYAmt
Other Investments EOY$685,019OtherInvestmentsEOYAmt
Other Investments EOYFMV$680,450OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,059,310TotalAssetsBOYAmt
Total Assets EOY$1,020,714TotalAssetsEOYAmt
Total Assets EOYFMV$1,016,145TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,059,310NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,020,714NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,059,310TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,020,714TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,059,310TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,020,714TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,059,310TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$31,827ExcessRevenueOverExpensesAmt
Subtotal$1,027,483SubtotalAmt
Other Decreases$6,769OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,020,714TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
WELLS FARGO ADVISORSP2023-01-012023-12-31$1,275,000$1,268,231$6,769$6,769
WELLS FARGO ADVISORSP2023-01-012023-12-31$600,000$600,000
Capital Gain Dividends$1,183
FieldValueIRS element (for citing)
Capital Gain Net Income$7,952CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$6,769NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$656InvestmentIncomeExciseTaxAmt
Subtotal$656SubtotalAmt
Tax Based On Investment Income$656TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$5EsPenaltyAmt
Tax Due$661TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateIAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JEFFREY K FLECKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3197215486PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14438 BUCKINGHAM LANEAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52245ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JEFFREY K FLECK
4438 BUCKINGHAM LANEIOWA CITYIA52245President1.00$0
LU ANN FLECK
4438 BUCKINGHAM LANEIOWA CITYIA52245Vice President1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$710,383AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$322,262AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,032,645TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,032,645AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,490CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,017,155NetVlNoncharitableAssetsAmt
Minimum Investment Return$50,858MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$50,858MinimumInvestmentReturnAmt
Tax Based On Investment Income$656TaxBasedOnInvestmentIncomeAmt
Total Tax$656TotalTaxAmt
Distributable Before Adj$50,202DistributableBeforeAdjAmt
Distributable Before Ded$50,202DistributableBeforeDedAmt
Distributable As Adjusted$50,202DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$79,050ExpensesAndContributionsAmt
Qualifying Distributions$79,050QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$50,202DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$58,400ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$52,650ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$54,500ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$5,936ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$171,486TotalExcessDistributionCyovAmt
Qualifying Distributions$79,050QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$50,202AppliedToCurrentYearAmt
Remaining Distri From Corpus$28,848RemainingDistriFromCorpusAmt
Total Corpus$200,334TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$200,334ExcessDistriCyovToNextYrAmt
Excess From Year4$58,400ExcessFromYear4Amt
Excess From Year3$52,650ExcessFromYear3Amt
Excess From Year2$54,500ExcessFromYear2Amt
Excess From Year1$5,936ExcessFromYear1Amt
Excess From Current Year$28,848ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NUEVA GENERACION
2663 LENNOXVILLE RDBEAUFORTNC28516NAPUBLICGENERAL PURPOSES$18,050
MT MERCY UNIVERSITY
1330 ELMHURST DR NECEDAR RAPIDSIA52402NAPUBLICGENERAL PURPOSES$12,000
SHELTER HOUSE IOWA CITY
PO BOX 3146IOWA CITYIA52244NAPUBLICGENERAL PURPOSES$5,000
CYSTIC FIBROSIS FOUNDATION
4550 MONTGOMERY AVE STE 1100NBETHESDAMD20814NAPUBLICGENERAL PURPOSES$5,000
OPEN HEARTLAND
HIGHWAY 6IOWA CITYIA52240NAPUBLICGENERAL PURPOSES$10,000
EL KAHIR AUXILIARY
190 RIDGEWOOD DRIVEHIAWATHAIA52233NAPUBLICGENERAL PURPOSES$10,000
PROSPECT MEADOWS
1850 PROSPECT DRMARIONIA52302NAPCGENERAL PURPOSES$2,000
JUVENILE DIABETES RESEARCH FOUNDATI
200 VESEY STREETNEW YORKNY10281NAPCGENERAL PURPOSES$10,000
GREATER CEDAR RAPIDS OPEN
PO BOX 10034CEDAR RAPIDSIA52410NAPCGENERAL PURPOSES$5,000
CR HALL OF FAME - GREATER CR COMMUN
324 3RD ST SECEDAR RAPIDSIA52401NAPCGENERAL PURPOSES$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$79,050TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$37,456ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,216ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,952ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$54,624ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$54,624TotalIncomeProducingActyAmt

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 Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemWELLS FARGOCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$685,019BookValueAmt
EOYFMV$680,450EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryBRADLEY & RILEY PCCategoryTxt
Legal Fees$675LegalFeesAmt
Net Investment Income$675NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescACCRUED MARKET DISCOUNTDesc
Amt$6,769Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWELLS FARGO ADVISORSCategoryTxt
Amt$6,726Amt
Net Investment Income$6,726NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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