BETA

JKF FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
JKF FOUNDATION (EIN 83-2903105)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-14
IRS object ID
202541349349104299
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T13:39:50-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAndrew J SeyferPreparerPersonNm
PTINP01721745PTIN
Phone3193630101PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$955,012FMVAssetsEOYAmt
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$14,336InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14,336InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$14,336InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$41,595DividendsRevAndExpnssAmt
Dividends Net Invst Incm$41,595DividendsNetInvstIncmAmt
Dividends Adj Net Incm$41,595DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$18,677NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$852,069GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$18,677CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$4,769NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$74,608TotalRevAndExpnssAmt
Total Net Invst Incm$74,608TotalNetInvstIncmAmt
Total Adj Net Incm$60,700TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$675AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$675AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$6,452OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$6,452OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$661TaxesRevAndExpnssAmt
Taxes Net Invst Incm$661TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,788TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,788TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$144,158ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$144,158ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$151,946TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,788TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$144,158TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$77,338ExcessRevenueOverExpensesAmt
Net Investment Income$66,820NetInvestmentIncomeAmt
Adjusted Net Income$60,700AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$462CashBOYAmt
Cash EOY$49,346CashEOYAmt
Cash EOYFMV$49,346CashEOYFMVAmt
Sav And Temp Cash Invst BOY$335,233SavAndTempCashInvstBOYAmt
Grants Receivable EOY$40,842GrantsReceivableEOYAmt
Grants Receivable EOYFMV$40,842GrantsReceivableEOYFMVAmt
Other Investments BOY$685,019OtherInvestmentsBOYAmt
Other Investments EOY$847,969OtherInvestmentsEOYAmt
Other Investments EOYFMV$864,824OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,020,714TotalAssetsBOYAmt
Total Assets EOY$938,157TotalAssetsEOYAmt
Total Assets EOYFMV$955,012TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,020,714NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$938,157NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,020,714TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$938,157TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,020,714TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$938,157TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,020,714TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$77,338ExcessRevenueOverExpensesAmt
Subtotal$943,376SubtotalAmt
Other Decreases$5,219OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$938,157TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
WELLS FARGO & COMPANYP2024-01-012024-12-31$550,000$545,231$4,769$4,769
WELLS FARGO & COMPANYP2024-01-012024-12-31$190,000$190,000
WELLS FARGO & COMPANYP2020-01-012024-12-31$28,363$23,161$5,202$5,202
WELLS FARGO & COMPANYP2020-01-012024-12-31$75,000$75,000
Capital Gain Dividends$8,706
FieldValueIRS element (for citing)
Capital Gain Net Income$18,677CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$4,769NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$929InvestmentIncomeExciseTaxAmt
Subtotal$929SubtotalAmt
Tax Based On Investment Income$929TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$37EsPenaltyAmt
Tax Due$966TaxDueAmt
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$772,637AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$192,521AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$965,158TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$965,158AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,477CashDeemedCharitableAmt
Net Vl Noncharitable Assets$950,681NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,534MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,534MinimumInvestmentReturnAmt
Tax Based On Investment Income$929TaxBasedOnInvestmentIncomeAmt
Total Tax$929TotalTaxAmt
Distributable Before Adj$46,605DistributableBeforeAdjAmt
Distributable Before Ded$46,605DistributableBeforeDedAmt
Distributable As Adjusted$46,605DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$144,158ExpensesAndContributionsAmt
Qualifying Distributions$144,158QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$46,605DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$58,400ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$52,650ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$54,500ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$5,936ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$28,848ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$200,334TotalExcessDistributionCyovAmt
Qualifying Distributions$144,158QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$46,605AppliedToCurrentYearAmt
Remaining Distri From Corpus$97,553RemainingDistriFromCorpusAmt
Total Corpus$297,887TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$58,400ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$239,487ExcessDistriCyovToNextYrAmt
Excess From Year4$52,650ExcessFromYear4Amt
Excess From Year3$54,500ExcessFromYear3Amt
Excess From Year2$5,936ExcessFromYear2Amt
Excess From Year1$28,848ExcessFromYear1Amt
Excess From Current Year$97,553ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NUEVA GENERACION
2663 LENNOXVILLE RDBEAUFORTNC28516NAPUBLICGENERAL PURPOSES$33,658
MT MERCY UNIVERSITY
1330 ELMHURST DR NECEDAR RAPIDSIA52402NAPUBLICGENERAL PURPOSES$20,000
WINONA STATE UNIVERSITY FOUNDATION
PO BOX 5838WINONAMN55987NAPUBLICGENERAL PURPOSES$15,000
SHELTER HOUSE IOWA CITY
PO BOX 3146IOWA CITYIA52244NAPUBLICGENERAL PURPOSES$5,000
WILLIS DADY HOMELESS SERVICES
1247 4TH AVE SECEDAR RAPIDSIA52403NAPUBLICGENERAL PURPOSES$5,000
CYSTIC FIBROSIS FOUNDATION
4550 MONTGOMERY AVE STE 1100NBETHESDAMD20814NAPUBLICGENERAL PURPOSES$7,000
OPEN HEARTLAND
HIGHWAY 6IOWA CITYIA52240NAPUBLICGENERAL PURPOSES$20,000
EL KAHIR AUXILIARY
190 RIDGEWOOD DRIVEHIAWATHAIA52233NAPUBLICGENERAL PURPOSES$15,000
WATKINS ATHLETIC ASSOCIATION
PO BOX 140WATKINSIA52354NAPUBLICGENERAL PURPOSES$2,000
CRITTER CRUSADERS OF CEDAR RAPIDS
PO BOX 10111CEDAR RAPIDSIA52410NAPUBLICGENERAL PURPOSES$3,000
REGINA FOUNDATION
2140 ROCHESTER AVEIOWA CITYIA52245NAPUBLICGENERAL PURPOSES$5,000
GREATER CEDAR RAPIDS OPEN
PO BOX 10034CEDAR RAPIDSIA52410NAPCGENERAL PURPOSES$10,000
NORWAY BASEBALL ASSOCIATION
PO BOX 92NORWAYIA52318NAPCGENERAL PURPOSES$3,000
PACC911 CHUCK WAGGIN
10645 N TATUM BLVDPHOENIXAZ85028NAPCGENERAL PURPOSES$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$144,158TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,336ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$41,595ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$18,677ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$74,608ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$74,608TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$675Amt
Net Investment Income$675NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemWELLS FARGOCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$847,969BookValueAmt
EOYFMV$864,824EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
ACCRUED MARKET DISCOUNT$4,769
PRIOR PERIOD ADJUSTMENT$450

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWELLS FARGO ADVISORSCategoryTxt
Amt$6,452Amt
Net Investment Income$6,452NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$661Amt
Net Investment Income$661NetInvestmentIncomeAmt

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