RITA BARBOUR KERN FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- RITA BARBOUR KERN FOUNDATION (EIN 46-4475109)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-17
- IRS object ID
- 202101379349101520
- Schema version
- 2020v4.0
- 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
- Form 990-PF
- Schedule B
- Expln Of Non Filing With AG Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T10:35:19-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 344404967 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eastman & Smith Ltd | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10032 | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43699 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464475109 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rita Barbour Kern Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RITA | BusinessNameControlTxt |
| Phone | 4192471679 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David C Krock | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2021-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | David C | PersonFirstNm |
| Person Last | Krock | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David C Krock | PreparerPersonNm |
| PTIN | P00849569 | PTIN |
| Phone | 4192416000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $25,140,486 | 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 | $17,532,810 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,663 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,663 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $492,492 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $492,492 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$92,551 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,758,354 | GrossSalesPriceAmt |
| Total Rev And Expnss | $17,934,414 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $494,155 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $42,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $17,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $25,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $31,577 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $6,800 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $24,777 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $49,223 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $49,223 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,831 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,831 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $128,131 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $78,354 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $49,777 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $986,324 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $986,324 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,114,455 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $78,354 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,036,101 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $16,819,959 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $415,801 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $612,303 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,270,609 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,270,302 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,465,839 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,679,126 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,852,645 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,083,220 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,013,665 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,017,539 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $725 | OtherAssetsBOYAmt |
| Other Assets EOY | $18,646 | OtherAssetsEOYAmt |
| Total Assets BOY | $4,162,087 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,982,046 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,140,486 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,162,087 | CapitalStockBOYAmt |
| Capital Stock EOY | $20,982,046 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,162,087 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,982,046 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,162,087 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,982,046 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,162,087 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $16,819,959 | ExcessRevenueOverExpensesAmt |
| Subtotal | $20,982,046 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,982,046 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $280,180 | $283,004 | -$2,824 | -$2,824 |
| PUBLICLY TRADED SECURITIES | P | $944,144 | $740,001 | $204,143 | $204,143 |
| PUBLICLY TRADED SECURITIES | P | $5,197,174 | $5,858,889 | -$661,715 | -$661,715 |
| PUBLICLY TRADED SECURITIES | P | $145,831 | $117,145 | $28,686 | $28,686 |
| PUBLICLY TRADED SECURITIES | P | $140,777 | $102,524 | $38,253 | $38,253 |
| PUBLICLY TRADED SECURITIES | P | $178,386 | $155,677 | $22,709 | $22,709 |
| PUBLICLY TRADED SECURITIES | P | $871,862 | $593,665 | $278,197 | $278,197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$92,551 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,780 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,780 | SubtotalAmt |
| Tax Based On Investment Income | $5,780 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,240 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,240 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1 | EsPenaltyAmt |
| Tax Due | $3,541 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David C Krock | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4192471679 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate 24th Floor | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Nan L Wallace | ||||||
| 337 Hillside Drive | Rossford | OH | 43460 | Trustee | 0.50 | $7,500 |
| Roger Berkowitz | ||||||
| 3000 Galloway Ridge Apt C000 | Pittsboro | NC | 27231 | Trustee | 1.50 | $7,500 |
| David C Krock | ||||||
| 3039 Sugar Ridge Road | Pemberville | OH | 43450 | Trustee | 2.00 | $7,500 |
| Nancy E Hibbert | ||||||
| 2718 Sandalwood | Toledo | OH | 43614 | Trustee | 1.00 | $7,500 |
| Carolyn M Putney | ||||||
| 4343 W Bancroft Street 3B | Toledo | OH | 43615 | Trustee | 0.50 | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A no direct charitable activities | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,009,994 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,381,216 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,697,556 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,088,766 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $23,088,766 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $346,331 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,742,435 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,137,122 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,137,122 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,780 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,780 | TotalTaxAmt |
| Distributable Before Adj | $1,131,342 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,131,342 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,131,342 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,036,101 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,036,101 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,036,101 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,131,342 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $62,407 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $51,897 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $98,501 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $212,805 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,036,101 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,036,101 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $95,241 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $95,241 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $117,564 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $117,564 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $19,063 | ExcessFromYear2Amt |
| Excess From Year1 | $98,501 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Toledo Museum of Art | ||||||
| 2445 Monroe Street | Toledo | OH | 43620 | PC | Gift to qualified charitable organization pursuant to the terms of the Foundation | $566,250 |
| Toledo Orchestra Association | ||||||
| 1838 Parkwood Avenue | Toledo | OH | 43697 | PC | Gift to qualified charitable organization pursuant to the terms of the Foundation | $400,000 |
| Dorset Village Library | ||||||
| P O Box 28 | Dorset | VT | 05251 | PC | Gift to qualified charitable organizatio pursuant to the terms of the Foundation. | $20,074 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $986,324 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,663 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $492,492 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$92,551 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $401,604 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $401,604 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (14 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Rita B Kern Trust | |||||||
| 1 | One Seagate 24th Floor | Toledo | OH | 43604 | $6,189,790 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 2 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,075,312 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 3 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,168,818 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 4 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,252,205 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 5 | One Seagate 24th Floor | Toledo | OH | 43604 | $819,798 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 6 | One Seagate 24th Floor | Toledo | OH | 43604 | $239,488 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 7 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,529,788 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 8 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,542,921 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 9 | One Seagate 24th Floor | Toledo | OH | 43604 | $570,504 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 10 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,403,300 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 11 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,121,222 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 12 | One Seagate 24th Floor | Toledo | OH | 43604 | $1,988,811 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 13 | One Seagate 24th Floor | Toledo | OH | 43604 | $7,608 | Yes (X) | |
| Rita B Kern Trust | |||||||
| 14 | One Seagate 24th Floor | Toledo | OH | 43604 | $674,305 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (13 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | 17,082 sh, Bristol Myers SquibbCOST BASIS - $918,242.91 | $1,075,312 | 2020-01-16 |
| 3 | 20,014 shares, Coca Cola Co.COST BASIS = $866,406.06 | $1,168,818 | 2020-01-20 |
| 4 | 16,403 shares, CSX Corp.COST BASIS = $834,339 | $1,252,205 | 2020-01-20 |
| 5 | 13,197 shares, Exxon Mobil Corp.COST BASIS: $1,070,343 | $819,798 | 2020-01-20 |
| 6 | 19,236 shares, General ElectricCOST BASIS: $571,501.56 | $239,488 | 2020-01-20 |
| 7 | 10,276 shares, Johnson & JohnsonCOST BASIS: $1,260,660 | $1,529,788 | 2020-01-20 |
| 8 | 11,657 shares, JPMorganCOST BASIS: $1,016,898.40 | $1,542,921 | 2020-01-20 |
| 9 | 704,942 shares, MedtronicCOST BASIS: $400,647.94 | $570,504 | 2020-01-20 |
| 10 | 9,881 shares, Pepsico, Inc.COST BASIS: $1,128,360.79 | $1,403,300 | 2020-01-20 |
| 11 | 30,108 shares, Pfizer, Inc.COST BASIS: $1,018,854.72 | $1,121,222 | 2020-01-20 |
| 12 | 15,955 shares, Procter & GambleCOST BASIS: $1,425,657 | $1,988,811 | 2020-01-20 |
| 13 | 103 shares, Wabtec, Inc.COST BASIS: $7,926.37 | $7,608 | 2020-01-20 |
| 14 | 4,250 shares, 3M, Co.COST BASIS: $823,183 | $674,305 | 2020-01-20 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | In lieu of furnishing a copy of FORM 990-PF, the foundation files an annual charitable report with the office of the Ohio Attorney General under the Ohio Charitable Trust Act. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $31,577 | LegalFeesAmt |
| Net Investment Income | $6,800 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $24,777 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAXABLE INCOME REPORTED BUT NOT PAID ADJ | Desc |
| BOY Book Value | $725 | BOYBookValueAmt |
| EOY Book Value | $18,646 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| First Quarter UBS Advisory | $9,037 | $9,037 | $0 | $0 |
| Fourth Quarter UBS Advisory | $6,953 | $6,953 | $0 | $0 |
| REFUND | $1,139 | -$1,139 | $0 | $0 |
| Second Quarter UBS Advisory | $7,432 | $7,432 | $0 | $0 |
| Third Quarter UBS Advisory | $9,351 | $9,351 | $0 | $0 |
| UBS Advisory | $17,272 | $17,272 | $0 | $0 |
| UBS final fee | $317 | $317 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 2020 FORM 990 ESTIMATED TAX | $1,515 | $1,515 |
| UBS ACT NO DW 20086-FOREIGN TAX WITHHELD | $3,316 | $3,316 |
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