KEENAN FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
KEENAN FOUNDATION INC (EIN 20-5331576)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-07-15
IRS object ID
202101969349100115
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-15T10:28:22-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-07-14SignatureDt
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
Preparation2021-07-14PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,365,752FMVAssetsEOYAmt
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$53InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$53InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$53InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,326DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,326DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,326DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$15,071NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,380,865GrossSalesPriceAmt
Other Income Rev And Expnss$81,802OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$12,410OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$81,802OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$89,110TotalRevAndExpnssAmt
Total Net Invst Incm$34,789TotalNetInvstIncmAmt
Total Adj Net Incm$104,181TotalAdjNetIncmAmt
Taxes Rev And Expnss$743TaxesRevAndExpnssAmt
Taxes Net Invst Incm$743TaxesNetInvstIncmAmt
Taxes Adj Net Incm$743TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$530OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$530OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$530OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,273TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,273TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,273TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$139,365ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$139,365ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$140,638TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,273TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,273TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$139,365TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$51,528ExcessRevenueOverExpensesAmt
Net Investment Income$33,516NetInvestmentIncomeAmt
Adjusted Net Income$102,908AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$41,609CashBOYAmt
Cash EOY$617,728CashEOYAmt
Cash EOYFMV$617,728CashEOYFMVAmt
Corporate Stock BOY$1,310,340CorporateStockBOYAmt
Corporate Stock EOY$665,801CorporateStockEOYAmt
Corporate Stock EOYFMV$685,019CorporateStockEOYFMVAmt
Other Investments BOY$1,012,802OtherInvestmentsBOYAmt
Other Investments EOY$1,019,694OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,058,005OtherInvestmentsEOYFMVAmt
Other Assets EOY$5,000OtherAssetsEOYAmt
Other Assets EOYFMV$5,000OtherAssetsEOYFMVAmt
Total Assets BOY$2,364,751TotalAssetsBOYAmt
Total Assets EOY$2,308,223TotalAssetsEOYAmt
Total Assets EOYFMV$2,365,752TotalAssetsEOYFMVAmt
Other Liabilities BOY$5,000OtherLiabilitiesBOYAmt
Total Liabilities BOY$5,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,359,751RetainedEarningBOYAmt
Retained Earning EOY$2,308,223RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,359,751TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,308,223TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,364,751TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,308,223TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,359,751TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$51,528ExcessRevenueOverExpensesAmt
Subtotal$2,308,223SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,308,223TotNetAstOrFundBalancesEOYAmt

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 LYNCHP2020-01-012020-12-31$753,092$753,537-$445-$445
MERRILL LYNCHP2020-01-012020-12-31$619,874$642,399-$22,525-$22,525
FieldValueIRS element (for citing)
Capital Gain Net Income-$15,071CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$466InvestmentIncomeExciseTaxAmt
Subtotal$466SubtotalAmt
Tax Based On Investment Income$466TaxBasedOnInvestmentIncomeAmt
Tax Due$466TaxDueAmt

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 Line1355 BROOK FORD POINTAddressLine1Txt
CityALPHARETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30022ZIPCd
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
355 BROOK FORD POINTALPHARETTAGA30022DIRECTOR000.00$0$0$0
SUSAN G KEENAN
355 BROOK FORD POINTALPHARETTAGA30022DIRECTOR000.00$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$989,788AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$240,173AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,058,005FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,287,966TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,287,966AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$34,319CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,253,647NetVlNoncharitableAssetsAmt
Minimum Investment Return$112,682MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$112,682MinimumInvestmentReturnAmt
Tax Based On Investment Income$466TaxBasedOnInvestmentIncomeAmt
Total Tax$466TotalTaxAmt
Distributable Before Adj$112,216DistributableBeforeAdjAmt
Distributable Before Ded$112,216DistributableBeforeDedAmt
Distributable As Adjusted$112,216DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$139,365ExpensesAndContributionsAmt
Qualifying Distributions$139,365QualifyingDistributionsAmt
Adjusted Qualifying Distri$139,365AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$112,216DistributableAsAdjustedAmt
Undistributed Income PY$43,427UndistributedIncomePYAmt
Qualifying Distributions$139,365QualifyingDistributionsAmt
Applied To Year1$43,427AppliedToYear1Amt
Applied To Current Year$95,938AppliedToCurrentYearAmt
Undistributed Income CY$16,278UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
HEARTS FOR HORSES
355 BROOK FORD POINTALPHARETTAGA30022501(C)(3) SUPPORT$2,000
HIMALAYAN CHILDRENS CHARITIES
355 BROOK FORD POINTALPHARETTAGA30022501(C)(3) SUPPORT$122,225
EYES FROM THE ASHES FOUNDATION
PO BOX 1136BRYN MAWRPA190101218501(C)(3) SUPPORT$2,000
SOUTHEASTERN COUNCIL OF FOUNDATIONS
100 PEACHTREE STREET NWATLANTAGA30303501(C)(3) SUPPORT$640
WABE
740 BISMARK ROAD NEATLANTAGA30324501(C)(3) SUPPORT$1,000
GCAPP
1718 PEACHTREE STREETATLANTAGA30309501(C)(3) SUPPORT$10,000SUITE 465
REFUGEE WOMEN'S NETWORK
2900 CHAMBLEE TUCKER ROADCHAMBLEEGA30341501(C)(3) SUPPORT$500BUILDING 3 FLOOR 2
PROJECT HONDOURAS
501 COLLEGE AVEWHEATONIL60187501(C)(3) SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$139,365TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$53ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$22,326ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,410ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,454ExclusionAmt
Related Or Exempt Function Incm-$22,525RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescLAURELWOOD HOLDINGS IIDesc
Exclusion16ExclusionCd
Exclusion$69,392ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$111,635ExclusionAmt
Related Or Exempt Function Incm-$22,525RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$89,110TotalIncomeProducingActyAmt

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$661,150$680,368
DIVIDEND RECEIVABLE$4,651$4,651

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLAURELWOOD HOLDINGS IICategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$1,019,694BookValueAmt
EOYFMV$1,058,005EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM LAURELWOOD IIDesc
EOY Book Value$5,000EOYBookValueAmt
EOYFMV$5,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
OTHER EXPENSES$530$530$530

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME$12,410$12,410$12,410
LAURELWOOD HOLDINGS II$69,392$69,392

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

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

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXES PAIDCategoryTxt
Amt$743Amt
Net Investment Income$743NetInvestmentIncomeAmt
Adjusted Net Income$743AdjustedNetIncomeAmt

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