K2 FAM FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- K2 FAM FOUNDATION (EIN 20-7124990)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-09-20
- IRS object ID
- 202222639349100612
- Schema version
- 2021v4.2
- 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 Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-09-20T15:07:26-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 HIGH STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 207124990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE K2 FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | K2FA | BusinessNameControlTxt |
| Phone | 2073728083 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 MARSHALL POINT ROAD BOX 285 | AddressLine1Txt |
| City | PORT CLYDE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04855 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT T KELLEY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2073728083 | PhoneNum |
| Signature | 2022-08-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | KELLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL VEILLETTE | PreparerPersonNm |
| PTIN | P01867494 | PTIN |
| Phone | 6172928400 | PhoneNum |
| Preparation | 2022-08-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,311,327 | 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 | $711,551 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $25,700 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $24,637 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $25,700 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $87,127 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $85,207 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $87,127 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $494,235 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,874,287 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $494,235 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $704 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $704 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,319,317 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $604,081 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $113,531 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $36,708 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $36,708 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,126 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,626 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $125 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $125 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $52,909 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,334 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $125 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $115,454 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $115,454 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $168,363 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,334 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $115,579 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,150,954 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $562,747 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $113,531 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $322,339 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $415,303 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $415,303 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,008,092 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,179,189 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,591,881 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,240,519 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,563,803 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,304,143 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,570,950 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,158,295 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,311,327 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,570,950 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,158,295 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,570,950 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,158,295 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,570,950 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,158,295 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,570,950 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,150,954 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,721,904 | SubtotalAmt |
| Other Decreases | $563,609 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,158,295 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $1,873,814 | $1,380,052 | $493,762 | $493,762 |
| CAPITAL GAINS DIVIDENDS | P | $473 | $473 | $473 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $494,235 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $494,235 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,822 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,822 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,822 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,741 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $5,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,241 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $419 | OverpaymentAmt |
| Applied To ES Tax | $419 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | 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 | ROBERT T KELLEY | IndividualWithBooksNm |
| Phone | 2073728083 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 MARSHALL POINT ROAD BOX 285 | AddressLine1Txt |
| City | PORT CLYDE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04855 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT T KELLEY | ||||||||
| 88 MARSHALL POINT ROAD BOX 285 | PORT CLYDE | ME | 04855 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| MARGOT ANNE KELLEY | ||||||||
| 88 MARSHALL POINT ROAD BOX 285 | PORT CLYDE | ME | 04855 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $6,330,870 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $397,637 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,728,507 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,728,507 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $100,928 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,627,579 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $331,379 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $331,379 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,822 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,822 | TotalTaxAmt |
| Distributable Before Adj | $323,557 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $323,557 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $323,557 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $115,579 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $115,579 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $323,557 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $16,587 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $90,808 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $74,685 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $182,080 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $115,579 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $115,579 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $182,080 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $182,080 | 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 | $25,898 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROBERT T KELLEY | ContributingManagerNm |
| Contributing Manager | MARGOT ANNE KELLEY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THOMAS B ARMITAGE SCHOLARSHIP | |||||||
| PO BOX 131 | TENANTS HARBOR | ME | 04860 | N/A | 501(C)(3) | GENERAL | $1,000 |
| RADIUS BOOKS | |||||||
| 227 E PALACE AVE | SANTA FE | NM | 87501 | N/A | 501(C)(3) | GENERAL | $50,000 |
| THE GOOD LIFE CENTER | |||||||
| 372 HARBORSIDE RD | HARBORSIDE | ME | 04642 | N/A | 501(C)(3) | GENERAL | $2,500 |
| NEIGHBOR TO NEIGHBOR | |||||||
| 248 EAST PUTNAM AVE | GREENWICH | CT | 06830 | N/A | 501(C)(3) | GENERAL | $2,500 |
| GROUNDSWELL FUND | |||||||
| 548 MARKET STREET 49734 | SAN FRANCISCO | CA | 94104 | N/A | 501(C)(3) | GENERAL | $20,000 |
| ST GEORGE VOLUNTEER FIRE | |||||||
| PO BOX 249 | TENANTS HARBOR | ME | 04860 | N/A | 501(C)(3) | GENERAL | $5,000 |
| SEED SAVER EXCHANGE | |||||||
| 3094 NORTH WINN ROAD | DECORAH | IA | 52101 | N/A | 501(C)(3) | GENERAL | $2,000 |
| ELECTRONIC FRONTIER FOUNDATION | |||||||
| 815 EDDY STREET | SAN FRANCISCO | CA | 94109 | N/A | 501(C)(3) | GENERAL | $5,150 |
| KNOX COUNTY HOMELESS COALITIONTHE LANDING PLACE | |||||||
| 63 PARK ST | ROCKLAND | ME | 04841 | N/A | 501(C)(3) | GENERAL | $2,500 |
| THE ISLAND INSTITUTE | |||||||
| PO BOX 648 | ROCKLAND | ME | 04841 | N/A | 501(C)(3) | GENERAL | $1,050 |
| FIRST LOOK MEDIA WORKS INC | |||||||
| 114 5TH AVE 18TH FLOOR | NEW YORK | NY | 10011 | N/A | 501(C)(3) | GENERAL | $1,000 |
| WIKIPEDIA | |||||||
| 120 KEARNY ST 16TH FLOOR | SAN FRANCISCO | CA | 94104 | N/A | 501(C)(3) | GENERAL | $1,000 |
| ST GEORGE HISTORICAL SOCIETY | |||||||
| 38 MAIN ST | TENANTS HARBOR | ME | 04860 | N/A | 501(C)(3) | GENERAL | $1,000 |
| ACLU OF MAINE | |||||||
| PO BOX 7860 | PORTLAND | ME | 04112 | N/A | 501(C)(3) | GENERAL | $2,500 |
| TREKKERS | |||||||
| 325 OLD COUNTY RD | ROCKLAND | ME | 04841 | N/A | 501(C)(3) | GENERAL | $1,000 |
| MAINE MATHEMATICS AND SCIENCE ALLIANCE | |||||||
| 343 WATER ST | AUGUSTA | ME | 04330 | N/A | 501(C)(3) | GENERAL | $1,000 |
| HURRICANE ISLAND OUTWARD BOUND SCHOOL | |||||||
| 21 ELM ST | CAMDEN | ME | 04843 | N/A | 501(C)(3) | GENERAL | $3,000 |
| AMERICAN FARMLAND TRUST | |||||||
| 1150 CONNECTICUT AVE NW SUITE 600 | WASHINGTON | DC | 20036 | N/A | 501(C)(3) | GENERAL | $5,149 |
| AIO FOOD AND ENERGY ASSISTANCE | |||||||
| 1 A GORDON DR | ROCKLAND | ME | 04841 | N/A | 501(C)(3) | GENERAL | $2,575 |
| MOFGA | |||||||
| 38 SCHOOL ST | UNITY | ME | 04988 | N/A | 501(C)(3) | GENERAL | $2,500 |
| SEED SAVER EXCHANGE | |||||||
| 3094 NORTH WINN ROAD | DECORAH | IA | 52101 | N/A | 501(C)(3) | GENERAL | $2,000 |
| MAINE WOMEN'S FUND | |||||||
| 74 LUNT RD | FALMOUTH | ME | 04105 | N/A | 501(C)(3) | GENERAL | $1,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $115,454 | 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 | $25,700 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $87,127 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $494,235 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| FROM K-1 - MAGELLAN MIDSTREAM PARTNERS LP | 523000 | 14 | $702 |
| FROM K-1 - MAGELLAN MIDSTREAM PARTNERS LP | 523000 | 14 | $2 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $607,766 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $607,766 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT & MARGOT KELLEY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 MARSHALL POINT ROAD BOX 285 | AddressLine1Txt |
| City | PORT CLYDE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $711,551 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 785 SHARES OF FIRST TRUST DOW JONES INTERNET INDEX FUND | $166,126 | 2021-03-25 |
| 1 | 450 SHARES OF IQVIA HOLDINGS INC. | $83,554 | 2021-03-25 |
| 1 | 16365 SHARES OF ISHARES GLOBAL CLEAN ENERGY ETF | $361,175 | 2021-05-05 |
| 1 | 233 SHARES OF ACCENTURE PLC | $90,282 | 2021-12-20 |
| 1 | 97 SHARES OF STARBUCKS CORPORATION | $10,414 | 2021-12-20 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $8,950 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS - ETF | StockNm |
| EOY Book Value | $1,179,189 | EOYBookValueAmt |
| EOYFMV | $1,591,881 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENTS - FIXED INCOME | AT COST | $1,000,366 | $1,020,748 |
| INVESTMENTS - STOCKS | AT COST | $2,100,028 | $3,756,746 |
| MAGELLAN MIDSTREAM PARTNERS LP | AT COST | $4,082 | $4,082 |
| INVESTMENTS - GOLD TRUST | AT COST | $141,024 | $164,129 |
| INVESTMENTS - FIRST TRUST PREFERRED SECURITIES | AT COST | $152,460 | $154,838 |
| INVESTMENTS - KRANESHARES GLOBAL CARBON ETF | AT COST | $165,843 | $203,600 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $563,609 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MA FILING FEE | Desc |
| Revenue And Expenses Per Books | $125 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $125 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FROM K-1 - MAGELLAN MIDSTREAM PARTNERS LP | $702 | $702 | |
| FROM K-1 - MAGELLAN MIDSTREAM PARTNERS LP | $2 | $2 | $2 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $36,708 | Amt |
| Net Investment Income | $36,708 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL 990-PF | $2,500 | $0 | $0 | $0 |
| FOREIGN TAX WITHHELD | $4,626 | $4,626 | $0 | $0 |
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