KEITH V KIERNAN FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KEITH V KIERNAN FOUNDATION (EIN 26-0856008)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-07-07
IRS object ID
202241889349101109
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-07-07T11:25:04-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION SOURCEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE HOLLOW LN STE 212AddressLine1Txt
CityLAKE SUCCESSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260856008EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Keith V Kiernan FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% AMY MARIE OWSLEYInCareOfNm
Business Name ControlKEITBusinessNameControlTxt
Phone4432626600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12303 OAKVIEW DRAddressLine1Txt
CityNEW BERNCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28562ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMY OWSLEYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2022-06-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAMYPersonFirstNm
Person LastOWSLEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$22,875,845FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$71InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$71InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$943,103DividendsRevAndExpnssAmt
Dividends Net Invst Incm$943,103DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$2,472,993NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$11,614,013GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,530,279CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$3,416,167TotalRevAndExpnssAmt
Total Net Invst Incm$3,473,453TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$145,208CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$145,208CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$11,240PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$11,240PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$375LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$375LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$204,936OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$204,136OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$800OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$29,234TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$763DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$17,583OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$20OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$17,563OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$409,339TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$204,156TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$175,186TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$790,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$790,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,199,339TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$204,156TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$965,186TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,216,828ExcessRevenueOverExpensesAmt
Net Investment Income$3,269,297NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$56,522SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$217,365SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$217,365SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$17,956,328CorporateStockBOYAmt
Corporate Stock EOY$20,038,076CorporateStockEOYAmt
Corporate Stock EOYFMV$22,655,619CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$3,815LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$954LandBldgEquipAccumDeprecAmt
Land BOY$3,624LandBOYAmt
Land EOY$2,861LandEOYAmt
Land EOYFMV$2,861LandEOYFMVAmt
Total Assets BOY$18,016,474TotalAssetsBOYAmt
Total Assets EOY$20,258,302TotalAssetsEOYAmt
Total Assets EOYFMV$22,875,845TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$18,016,474RetainedEarningBOYAmt
Retained Earning EOY$20,258,302RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$18,016,474TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$20,258,302TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$18,016,474TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$20,258,302TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$18,016,474TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,216,828ExcessRevenueOverExpensesAmt
Other Increases$25,000OtherIncreasesAmt
Subtotal$20,258,302SubtotalAmt
Tot Net Ast Or Fund Balances EOY$20,258,302TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$11,614,013GrossSalesPriceAmt
Cost Or Other Basis$9,083,734CostOrOtherBasisAmt
Gain Or Loss$2,530,279GainOrLossAmt
Gains Minus Excess Or Losses$2,530,279GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,530,279CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$45,443InvestmentIncomeExciseTaxAmt
Subtotal$45,443SubtotalAmt
Tax Based On Investment Income$45,443TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$22,200EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$24,300ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$46,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$1,057OverpaymentAmt
Applied To ES Tax$1,057AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1AMY MARIE OWSLEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4432626600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12303 OAKVIEW DRAddressLine1Txt
CityNEW BERNCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28562ZIPCd
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 PrsnYes (true)PayCompDisqualifiedPrsnInd
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

FieldValueIRS element (for citing)
PersonAmy Marie OwsleyPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12303 OAKVIEW DRAddressLine1Txt
CityNEW BERNCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28562ZIPCd
FieldValueIRS element (for citing)
TitleDir, Pres, SecTitleTxt
Average Hrs Per Wk Devoted To Pos40.0AverageHrsPerWkDevotedToPosRt
Compensation$145,208CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PlechyMarcianoPayne Montville Fin GrpBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 Main Road Suite 204AddressLine1Txt
CityMONTVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07045ZIPCd
FieldValueIRS element (for citing)
Service TypeInvestment MgmtServiceTypeTxt
Compensation$204,136CompensationAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$21,370,682AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$718,258AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$22,088,940TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$22,088,940AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$331,334CashDeemedCharitableAmt
Net Vl Noncharitable Assets$21,757,606NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,087,880MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,087,880MinimumInvestmentReturnAmt
Tax Based On Investment Income$45,443TaxBasedOnInvestmentIncomeAmt
Total Tax$45,443TotalTaxAmt
Distributable Before Adj$1,042,437DistributableBeforeAdjAmt
Recoveries Qualfied Distri$25,000RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,067,437DistributableBeforeDedAmt
Distributable As Adjusted$1,067,437DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$965,186ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$965,186QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,067,437DistributableAsAdjustedAmt
Undistributed Income PY$800,961UndistributedIncomePYAmt
Prior Year12019PriorYear1Yr
Prior Year22018PriorYear2Yr
Prior Year32017PriorYear3Yr
Qualifying Distributions$965,186QualifyingDistributionsAmt
Applied To Year1$800,961AppliedToYear1Amt
Applied To Current Year$164,225AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$903,212UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
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
ACCION INTERNATIONAL
10 FAWCETT ST STE 204CAMBRIDGEMA02138N/APCSOCREMO Microfinance, Mozambique Fund$50,000
BERGEN FAMILY CENTER INC
44 ARMORY STENGLEWOODNJ07631N/APCGeneral & Unrestricted$50,000
CATHOLIC RELIEF SERVICES INC
228 W LEXINGTON STBALTIMOREMD21201N/APCBangledesh Shelter Fund$75,000
GRAMEEN FOUNDATION USA
1101 15TH ST NW 3RD FLOORWASHINGTONDC20005N/APCFinancial Inclusion project in West Nile region (Uganda)$75,000
HABITAT FOR HUMANITY INTERNATIONAL INC
121 HABITAT STAMERICUSGA31709N/APCTerwilliger Center for Innovation in shelter - Schelter tech and the second impact fund$75,000
INTERNATIONAL RESCUE COMMITTEE INC
PO BOX 6068ALBERT LEAMN56007N/APCCrisis Relief Fund$20,000
INTERNATIONAL RESCUE COMMITTEE INC
PO BOX 6068ALBERT LEAMN56007N/APCEarly Childhood Development project in Lebanon$75,000
MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
PO BOX 5030HAGERSTOWNMD21741N/APCAghanistan Emergency Relief fund$75,000
OPPORTUNITY INTERNATIONAL INC
550 WEST VAN BUREN STE 200CHICAGOIL60607N/APCEdu-Finance Program$75,000
SANERGY INC
28 PARK ST APT 3BROOKLINEMA02446N/APCGeneral & Unrestricted$20,000
TIDES CENTER
PO BOX 399385SAN FRANCISCOCA94139N/APCNortheast Sustainable Agricultural Working Group Project$50,000
UNITED NATIONS FOUNDATION INC
1750 PENNSYLVANIA AVE NW STE 300WASHINGTONDC20006N/APCGirl-Up Program in Africa$50,000
UNIVERSITY OF NEBRASKA FOUNDATION
1010 LINCOLN MALL STE 300LINCOLNNE68508N/APCKeith V. Kiernan Scholarship Fund$25,000
WATER ORG INC
117 W 20TH STKANSAS CITYMO64108N/APCExpanding Water and Sanitation Access project in Peru$75,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$790,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$71ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$943,103ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$2,472,993ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,416,167ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,416,167TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyCOMPUTER - MACBOOKPropertyDesc
Acquired2020-09-28AcquiredDt
Cost Or Other Basis$3,815CostOrOtherBasisAmt
Prior Year Depreciation$191PriorYearDepreciationAmt
Computation MethodSLComputationMethodTxt
Life5LifeRt
Current Year Expense$763CurrentYearExpenseAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (21 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALLIANZGI NFJ DIVIDEND INT & P$1,397,546$1,458,698
AMERICAN CENTURY MID CAP VALUE$797,373$875,311
AMERICAN CENTURY SHORT DURATIO$2,465,000$2,378,781
AMERICAN CENTURY SMALL CAP VAL$455,703$566,023
BLACKROCK GLOBAL OPPORTUNITIES$1,514,541$1,469,164
BLACKROCK INFLATION PROTECTED$2,465,000$2,420,342
CLEARBRIDGE LARGE CAP GROWTH I$994,019$1,547,180
EATON VANCE TX-MGD GLO DIV EQ$571,169$709,214
FIDELITY ADVISOR NEW INSIGHTS$541,279$689,904
FIDELITY CONTRA FUND$517,634$859,554
FRANKLIN SMALL-CAP GROWTH FUND$494,529$490,573
JOHN HANCOCK III V I$1,365,519$1,604,270
MFS INTERNATIONAL DIVERSIFICAT$944,305$1,008,484
MFS INTERNATIONAL NEW DISCOVER$264,186$334,618
OAKMARK INTERNATIONAL ADVISOR$1,020$1,140
PRINCIPAL EQUITY INCOME FD CL$1,302,406$1,601,172
PRINCIPAL FDS, INC. MIDCAP FD$257,034$421,593
ROYCE VALUE TRUST, INC$904,414$1,253,995
T. ROWE PRICE INTERNATIONAL DI$237,288$331,548
T. ROWE PRICE NEW HORIZONS FD$308,749$372,000
VOYA GLOBAL EQ DIV & PREM OPPT$2,239,362$2,262,055

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemCOMPUTER - MACBOOKCategoryOrItemTxt
Cost Or Other Basis$3,815CostOrOtherBasisAmt
Accumulated Depreciation$954AccumulatedDepreciationAmt
Book Value$2,861BookValueAmt
EOYFMV$2,861EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryDocument Review/DraftingCategoryTxt
Legal Fees$375LegalFeesAmt
Disbursements Charitable Prps$375DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$15,225$15,225
Bank Charges$20$20
Payroll Processing Fees$2,313$2,313
State or Local Filing Fees$25$25

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescRETURNED GRANTDesc
Amt$25,000Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Investment Management Services$204,136$204,136
COMPENSATION ANALYSIS$800$800

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationThe Foundation's tax preparer is located in Nassau County, NY, which, per IRS release NY-2021-01 announced on September 9, 2021, is included in the list of localities that constitute a covered disaster area for purposes of Treas. Reg. Sec. 301.7508A-1(d)(2) and are entitled to tax relief due to Hurricane Ida. Additional time was needed to calculate and transmit the tax payment. Therefore, Form 2220 indicates that the Q3 or Q4 estimated tax payment made on or before the extended deadline of February 15, 2022 was, in fact, made timely on the original due date of such payment. We respectfully request that no late payment penalties be assessed in connection with such payment(s) per Treas. Reg. Sec. 301.7508A-1(c)(1).ExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2021$22,200
990-PF Excise Tax for 2020$7,034

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