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KEENAN FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KEENAN FOUNDATION INC (EIN 20-5331576)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-03-14
IRS object ID
202210739349100021
Schema version
2021v4.0
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)
Return2022-03-14T11:32:47-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-03-10SignatureDt
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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAUREN R HINESPreparerPersonNm
PTINP00836382PTIN
Phone4044004200PhoneNum
Preparation2022-03-10PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,420,227FMVAssetsEOYAmt
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$28InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$28InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$28InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$23,973DividendsRevAndExpnssAmt
Dividends Net Invst Incm$23,973DividendsNetInvstIncmAmt
Dividends Adj Net Incm$23,973DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$17,613NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$274,231GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$17,613CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$56,586OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,125OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$56,586OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$98,200TotalRevAndExpnssAmt
Total Net Invst Incm$42,739TotalNetInvstIncmAmt
Total Adj Net Incm$80,587TotalAdjNetIncmAmt
Taxes Rev And Expnss$473TaxesRevAndExpnssAmt
Taxes Net Invst Incm$473TaxesNetInvstIncmAmt
Taxes Adj Net Incm$473TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$372OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$372OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$372OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$845TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$845TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$845TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$118,880ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$118,880ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$119,725TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$845TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$845TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$118,880TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$21,525ExcessRevenueOverExpensesAmt
Net Investment Income$41,894NetInvestmentIncomeAmt
Adjusted Net Income$79,742AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$617,728CashBOYAmt
Cash EOY$98,159CashEOYAmt
Cash EOYFMV$98,159CashEOYFMVAmt
Corporate Stock BOY$665,801CorporateStockBOYAmt
Corporate Stock EOY$1,219,634CorporateStockEOYAmt
Corporate Stock EOYFMV$1,264,063CorporateStockEOYFMVAmt
Other Investments BOY$1,019,694OtherInvestmentsBOYAmt
Other Investments EOY$971,530OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,058,005OtherInvestmentsEOYFMVAmt
Other Assets BOY$5,000OtherAssetsBOYAmt
Total Assets BOY$2,308,223TotalAssetsBOYAmt
Total Assets EOY$2,289,323TotalAssetsEOYAmt
Total Assets EOYFMV$2,420,227TotalAssetsEOYFMVAmt
Other Liabilities EOY$2,625OtherLiabilitiesEOYAmt
Total Liabilities EOY$2,625TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,308,223RetainedEarningBOYAmt
Retained Earning EOY$2,286,698RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,308,223TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,286,698TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,308,223TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,289,323TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,308,223TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$21,525ExcessRevenueOverExpensesAmt
Subtotal$2,286,698SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,286,698TotNetAstOrFundBalancesEOYAmt

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 LYNCHP2021-01-012021-12-31$187,321$196,618-$9,297-$9,297
MERRILL LYNCHP2020-01-012021-12-31$62,296$60,000$2,296$2,296
FieldValueIRS element (for citing)
Capital Gain Net Income$17,613CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$582InvestmentIncomeExciseTaxAmt
Subtotal$582SubtotalAmt
Tax Based On Investment Income$582TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$9EsPenaltyAmt
Tax Due$591TaxDueAmt

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$1,126,795AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$225,995AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,058,005FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,410,795TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,410,795AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$36,162CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,374,633NetVlNoncharitableAssetsAmt
Minimum Investment Return$118,732MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$118,732MinimumInvestmentReturnAmt
Tax Based On Investment Income$582TaxBasedOnInvestmentIncomeAmt
Total Tax$582TotalTaxAmt
Distributable Before Adj$118,150DistributableBeforeAdjAmt
Distributable Before Ded$118,150DistributableBeforeDedAmt
Distributable As Adjusted$118,150DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$118,880ExpensesAndContributionsAmt
Qualifying Distributions$118,880QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$118,150DistributableAsAdjustedAmt
Undistributed Income PY$16,278UndistributedIncomePYAmt
Qualifying Distributions$118,880QualifyingDistributionsAmt
Applied To Year1$16,278AppliedToYear1Amt
Applied To Current Year$102,602AppliedToCurrentYearAmt
Undistributed Income CY$15,548UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
HEARTS FOR HORSES
865 LOS ANGELES AVE NEATLANTAGA30306501(C)(3) SUPPORT$15,000
HIMALAYAN CHILDRENS CHARITIES
865 LOS ANGELES AVE NEATLANTAGA30306501(C)(3) SUPPORT$73,950
EYES FROM THE ASHES FOUNDATION
PO BOX 1136BRYN MAWRPA190101218501(C)(3) SUPPORT$5,000
SOUTHEASTERN COUNCIL OF FOUNDATIONS
100 PEACHTREE STREET NWATLANTAGA30303501(C)(3) SUPPORT$640
GCAPP
1718 PEACHTREE STREETATLANTAGA30309501(C)(3) SUPPORT$7,500SUITE 465
REFUGEE WOMEN'S NETWORK
2900 CHAMBLEE TUCKER ROADCHAMBLEEGA30341501(C)(3) SUPPORT$3,000BUILDING 3 FLOOR 2
FRIENDS OF VIN
865 LOS ANGELES AVE NEATLANTAGA30306501(C)(3) SUPPORT$500
THE BONOBO PROJECT
PO BOX 2652DURHAMNC27715501(C)(3) SUPPORT$1,000
FALLS CHURCH CITY PUBLIC SCHOOL
150 S WASHINGTON STFALLS CHURCHVA22046501(C)(3) SUPPORT$690SUITE 400
ENGAGE NEPAL
419 W OTTERMAN STGREENSBURGPA15601501(C)(3) SUPPORT$2,500
DEERWALK FOUNDATION
5 MINOLA ROADLEXINGTONMA02421501(C)(3) SUPPORT$2,500
TIA ATLANTA FOUNDATION
4780 ASHFORD DUNWOODY ROAATLANTAGA30338501(C)(3) SUPPORT$4,000SUITE 540-13
PBA FOUNDATION
7755 E GARY ROADSCOTTSDALEAZ85260501(C)(3) SUPPORT$500
UNBOUND
1 ELMWOOD AVEKANSAS CITYKS66103501(C)(3) SUPPORT$500
MARK CARROLL AND FRIENDS
PO BOX 4793ATLANTAGA30302501(C)(3) SUPPORT$600
APA SHERPA FOUNDATION
PO BOX 711116SALT LAKE CITYUT84171501(C)(3) SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$118,880TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$23,973ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,125ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$17,613ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescLAURELWOOD HOLDINGS IIDesc
Exclusion16ExclusionCd
Exclusion$55,461ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$98,200ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$98,200TotalIncomeProducingActyAmt

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$1,218,615$1,263,044
DIVIDEND RECEIVABLE$1,019$1,019

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLAURELWOOD HOLDINGS IICategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$971,530BookValueAmt
EOYFMV$1,058,005EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM LAURELWOOD IIDesc
BOY Book Value$5,000BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
OTHER EXPENSES$372$372$372

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME$1,125$1,125$1,125
LAURELWOOD HOLDINGS II$55,461$55,461

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

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

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXES PAIDCategoryTxt
Amt$473Amt
Net Investment Income$473NetInvestmentIncomeAmt
Adjusted Net Income$473AdjustedNetIncomeAmt

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