KEENAN FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
KEENAN FOUNDATION INC (EIN 20-5331576)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-03
IRS object ID
202330939349100308
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-04-03T10:47:33-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-04-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBRUCEPersonFirstNm
Person LastKEENANPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAUREN R HINESPreparerPersonNm
PTINP00836382PTIN
Phone4044004200PhoneNum
Preparation2023-04-01PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,183,403FMVAssetsEOYAmt
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$36InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$36InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$36InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$19,787DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,787DividendsNetInvstIncmAmt
Dividends Adj Net Incm$19,787DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$22,924NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$108,244GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$22,924CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$3,125NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$40,892OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$431OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$40,892OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$83,639TotalRevAndExpnssAmt
Total Net Invst Incm$43,178TotalNetInvstIncmAmt
Total Adj Net Incm$63,840TotalAdjNetIncmAmt
Taxes Rev And Expnss$591TaxesRevAndExpnssAmt
Taxes Net Invst Incm$591TaxesNetInvstIncmAmt
Taxes Adj Net Incm$591TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$154OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$154OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$154OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$745TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$745TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$745TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$99,657ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$99,657ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$100,402TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$745TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$745TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$99,657TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$16,763ExcessRevenueOverExpensesAmt
Net Investment Income$42,433NetInvestmentIncomeAmt
Adjusted Net Income$63,095AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$98,159CashBOYAmt
Cash EOY$30,937CashEOYAmt
Cash EOYFMV$30,937CashEOYFMVAmt
Corporate Stock BOY$1,219,634CorporateStockBOYAmt
Corporate Stock EOY$1,257,007CorporateStockEOYAmt
Corporate Stock EOYFMV$1,075,111CorporateStockEOYFMVAmt
Other Investments BOY$971,530OtherInvestmentsBOYAmt
Other Investments EOY$962,641OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,058,005OtherInvestmentsEOYFMVAmt
Other Assets EOY$19,350OtherAssetsEOYAmt
Other Assets EOYFMV$19,350OtherAssetsEOYFMVAmt
Total Assets BOY$2,289,323TotalAssetsBOYAmt
Total Assets EOY$2,269,935TotalAssetsEOYAmt
Total Assets EOYFMV$2,183,403TotalAssetsEOYFMVAmt
Other Liabilities BOY$2,625OtherLiabilitiesBOYAmt
Total Liabilities BOY$2,625TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,286,698RetainedEarningBOYAmt
Retained Earning EOY$2,269,935RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,286,698TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,269,935TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,289,323TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,269,935TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,286,698TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$16,763ExcessRevenueOverExpensesAmt
Subtotal$2,269,935SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,269,935TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MERRILL LYNCHP2022-01-012022-12-31$45,188$42,063$3,125$3,125
MERRILL LYNCHP2021-01-012022-12-31$41,315$43,257-$1,942-$1,942
FieldValueIRS element (for citing)
Capital Gain Net Income$22,924CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$3,125NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$590InvestmentIncomeExciseTaxAmt
Subtotal$590SubtotalAmt
Tax Based On Investment Income$590TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$23EsPenaltyAmt
Tax Due$613TaxDueAmt

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$1,143,416AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$50,852AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,058,005FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,252,273TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,252,273AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$33,784CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,218,489NetVlNoncharitableAssetsAmt
Minimum Investment Return$110,924MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$110,924MinimumInvestmentReturnAmt
Tax Based On Investment Income$590TaxBasedOnInvestmentIncomeAmt
Total Tax$590TotalTaxAmt
Distributable Before Adj$110,334DistributableBeforeAdjAmt
Distributable Before Ded$110,334DistributableBeforeDedAmt
Distributable As Adjusted$110,334DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$99,657ExpensesAndContributionsAmt
Qualifying Distributions$99,657QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$110,334DistributableAsAdjustedAmt
Undistributed Income PY$15,548UndistributedIncomePYAmt
Qualifying Distributions$99,657QualifyingDistributionsAmt
Applied To Year1$15,548AppliedToYear1Amt
Applied To Current Year$84,109AppliedToCurrentYearAmt
Undistributed Income CY$26,225UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
HEARTS FOR HORSES
865 LOS ANGELES AVE NEATLANTAGA30306501(C)(3) SUPPORT$5,000
HIMALAYAN CHILDRENS CHARITIES
865 LOS ANGELES AVE NEATLANTAGA30306501(C)(3) SUPPORT$58,407
EYES FROM THE ASHES FOUNDATION
PO BOX 1136BRYN MAWRPA190101218501(C)(3) SUPPORT$2,500
REFUGEE WOMEN'S NETWORK
2900 CHAMBLEE TUCKER ROADCHAMBLEEGA30341501(C)(3) SUPPORT$5,000BUILDING 3 FLOOR 2
TIE ATLANTA FOUNDATION
4780 ASHFORD DUNWOODY ROAATLANTAGA30338501(C)(3) SUPPORT$6,250SUITE 540-13
LUNCHES FOR LEARNING
PO BOX 2146ROSWELLGA30077501(C)(3) SUPPORT$1,000
MAYA GOLD FOUNDATION
5 WAWARSING ROADNEW PALTZNY12561501(C)(3) SUPPORT$3,000
THE PREM RAWAT FOUNDATION
PO BOX 24-1498LOS ANGELESCA90024501(C)(3) SUPPORT$10,000
HER INTERNATIONAL-THE SAFE HARBOR
68 SOUTH MAIN STREETSALT LAKE CITYUT84101501(C)(3) SUPPORT$5,000
FRIENDS OF MAITI NEPAL
63-6 COMMERCIAL WHARFBOSTONMA02110501(C)(3) SUPPORT$2,500
NADINE FOUNDATION
5040 TIDEWATER WAYALPHARETTAGA30005501(C)(3) SUPPORT$500
21ST CENTURY LEADERS
PO BOX 1125DECATURGA30031501(C)(3) SUPPORT$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$99,657TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$36ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$19,787ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$431ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$22,924ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescLAURELWOOD HOLDINGS IIDesc
Exclusion16ExclusionCd
Exclusion$40,461ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$83,639ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$83,639TotalIncomeProducingActyAmt

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$1,257,007$1,075,111
DIVIDEND RECEIVABLE

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLAURELWOOD HOLDINGS IICategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$962,641BookValueAmt
EOYFMV$1,058,005EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM LAURELWOOD IIDesc
EOY Book Value$19,350EOYBookValueAmt
EOYFMV$19,350EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
OTHER EXPENSES$154$154$154

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME$431$431$431
LAURELWOOD HOLDINGS II$40,461$40,461

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO LAURELWOOD IIDesc
BOY Book Value$2,625BOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXES PAIDCategoryTxt
Amt$591Amt
Net Investment Income$591NetInvestmentIncomeAmt
Adjusted Net Income$591AdjustedNetIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.