2021-11-15T22:44:40-06:00 2020-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-01 452735138 Defne and Muhtar Kent Educational Foundation Inc % Foundation Source DEFN 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Muhtar Kent PRESIDENT 8008391754 2021-11-12 true Muhtar Kent 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X 23688926 X 0 X 940 940 670202 670202 941604 6548038 4401245 -336 -336 1612410 5072051 0 33899 33899 8911 8911 985 440 0 545 791 0 0 791 36179 12179 24000 56597 1925 1925 3539 3539 59562 909 58653 202388 13528 0 132263 954961 954961 1157349 13528 0 1087224 455061 5058523 364301 640853 640853 19432357 19710266 23048073 19796658 20351119 23688926 0 0 X 19796658 20351119 19796658 20351119 19796658 20351119 19796658 455061 99400 20351119 20351119 Publicly-traded Securities 6548038 2146793 4401245 4401245 4401245 70313 70313 70313 51236 0 20600 71836 X 17 1506 1506 false false false false false false false true true GA true false false false true true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 true TU false false false false false false false false false false false false false true false false false false false false false Cem Omer Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Defne Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Treas 1.0 0 0 0 Muhtar Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir 1.0 0 0 0 Selin Ipek Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 55551 21338666 601723 0 21940389 0 21940389 329106 21611283 1080564 1080564 70313 70313 1010251 1010251 1010251 1087224 0 0 0 0 1087224 0 1087224 1010251 1020170 2018 2017 2016 1087224 1020170 67054 0 0 943197 0 0 Defne Kent Muhtar Kent X A Dikici BARNARD COLLEGE 3009 BROADWAY NEW YORK NY 10027 NONE I Scholarship Grant 30000 E Seilmis BROWN UNIVERSITY BOX 1877 PROVIDENCE RI 02912 NONE I Scholarship Grant 15000 B Tayyar CLAREMONT MCKENNA COLLEGE 400 N CLAREMONT BLVD CLAREMONT CA 91711 NONE I Scholarship Grant 3100 P E Gzelocak CORNELL UNIVERSITY PO BOX 752 ITHACA NY 14851 NONE I Scholarship Grant 10000 S N Yilmaz DENISON UNIVERSITY 100 W COLLEGE ST GRANVILLE OH 43023 NONE I Scholarship Grant 30000 B Utebay GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVE NW ATLANTA GA 30332 NONE I Scholarship Grant 20000 U Kaygisiz MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 NONE I Scholarship Grant 30000 B Demirci MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 NONE I Scholarship Grant 15000 B Demirci MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 NONE I Scholarship Grant 15000 B Ergor NORTHWESTERN UNIVERSITY 1201 DAVIS ST 3RD FLOOR EVANSTON IL 60208 NONE I Scholarship Grant 30000 E Senvardarli NORTHWESTERN UNIVERSITY 1201 DAVIS ST 3RD FLOOR EVANSTON IL 60208 NONE I Scholarship Grant 5000 O S Pamukcu OBERLIN COLLEGE 173 W LORAIN ST OBERLIN OH 44074 NONE I SCHOLARSHIP GRANT 12500 O S Pamukcu OBERLIN COLLEGE 173 W LORAIN ST OBERLIN OH 44074 NONE I SCHOLARSHIP GRANT 12500 A E Karalar PENN STATE UNIVERSITY 2583 GATEWAY DR 130 BRISTOL PL ONE STATE COLLEGE PA 16801 NONE I Scholarship Grant 30000 I U Ayyilmaz POMONA COLLEGE 150 E 8TH ST CLAREMONT CA 91711 NONE I Scholarship Grant 1800 N Kayin REGENTS OF THE UNIVERSITY OF CA 16 SPROUL HALL 1960 BERKELEY CA 94720 NONE I Scholarship Grant 10000 SCHWAB CHARITABLE FUND 211 MAIN ST SAN FRANCISCO CA 94105 N/A PC donor advisor fund 70000 G Incesu STANFORD UNIVERSITY PO BOX 20466 STANFORD CA 94309 NONE I Scholarship grant 12500 G Incesu STANFORD UNIVERSITY PO BOX 20466 STANFORD CA 94309 NONE I scholarship grant 12500 B El THE ADMIN OF THE TULANE EDU FUND PO BOX 61075 NEW ORLEANS LA 70161 NONE I Scholarship GRANT 7000 THE CITY UNIVERSITY NORTHAMPTON SQ LONDON UK EC1V 0HB N/A PC City University's Cass Business School for The Defne and Muhtar Kent Foundation Prize in Entrepreneurship 4495 THE CITY UNIVERSITY NORTHAMPTON SQ LONDON UK EC1V 0HB N/A PC City University's Cass Business School for The Defne and Muhtar Kent Foundation Prize in Entrepreneurship 4526 A nder TRUSTEES OF PRINCETON UNIVERSITY 701 CARNEGIE CTR PRINCETON NJ 08540 NONE I Scholarship Grant 3500 A E Sivasligil UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I scholarship grant 15000 R Okay UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I Scholarship grant 30000 D Eracar UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I Scholarship GRANT 7500 D Eracar UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I SCHOLARSHIP GRANT 7500 A zpinar UNIVERSITY OF PENNSYLVANIA 100 FRANKLIN BLDG 3451 WALNUT ST PHILADELPHIA PA 19104 NONE I Scholarship Grant 15000 A zpinar UNIVERSITY OF PENNSYLVANIA 100 FRANKLIN BLDG 3451 WALNUT ST PHILADELPHIA PA 19104 NONE I Scholarship Grant 15000 E G SIMSEK YALE UNIVERSITY PO BOX 209010 NEW HAVEN CT 06520 NONE I SCHOLARSHIP GRANT 2175 E G Simsek YALE UNIVERSITY PO BOX 209010 NEW HAVEN CT 06520 NONE I SCHOLARSHIP GRANT 2175 SCHWAB CHARITABLE FUND 211 MAIN ST SAN FRANCISCO CA 94105 N/A PC General & Unrestricted (SEE GENERAL EXPLANATION) 476190 954961 14 940 14 670202 18 941604 FOREIGN CURRENCY LOSS 01 -336 1612410 1612410 false false false false false false false false false false General Consultations 791 791 PART XV (FORM 990-PF): PART XV (FORM 990-PF): DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OF AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $476,190 TOTAL BOOK VALUE OF PROPERTY: $376,790 TOTAL AMOUNT OF GRANTS: $476,190 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES: $99,400 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: THE COCA-COLA CO UNITS: 9,000 DATE OF DISTRIBUTION: 11-12-2020 GRANT RECIPIENT: SCHWAB CHARITABLE FUND FMV OF PROPERTY: $476,190 BOOK VALUE OF PROPERTY: $376,790 TOTAL AMOUNT OF GRANT: $476,190 Foreign Filing Form Disclosure Form 8858 The foundation has prepared this form to the best of its ability based on the information provided to it by the foreign branch on which the foundation is reporting. Any missing or incomplete information is not a willful attempt to withhold such information. ABERDEEN EMERGING MARKETS INST 43376 58849 ALTRIA GROUP INC 45472 45797 AMERICAN EXPRESS CO 19211 22610 AMERICAN FUNDS NEW PERSPECTIVE 90127 119346 AMGEN INC 38027 37247 APPLE INC 81757 102569 AQR MANAGED FUTURES FUND CL I 119415 103819 BAIRD CORE PLUS BD FD INSTI CL 522272 535852 BRISTOL-MYERS SQUIBB CO 45887 47143 CATERPILLAR INC 39604 48599 COMCAST CORP 47723 56959 CONESTOGA SMALL CAP INST 26273 40824 COSTCO WHOLESALE CORPORATION 27622 30896 DBX ETF TR/X-TRACKERS MSCI EAF 714458 782937 DIAMOND HILL SMALL CAP FUND CL 31214 28554 DODGE & COX INCOME FUND 295283 301079 DODGE & COX STOCK 212050 219644 FPA CRESCENT PORTFOLIO 96910 104651 FPA NEW INCOME FUND CLASS A 292194 293041 GENERAL MILLS INC 29012 27754 GILEAD SCIENCES INC 34526 30062 HONEYWELL INTL 34401 43816 ILLINOIS TOOL WORKS 23565 25281 INFINITY Q DIVERSIFIED ALPHA F 103398 103953 INTEL CORP 41908 38909 INTERNATIONAL GROWTH AND INCOM 494825 575948 ISHARES S&P 500 INDEX FD 257809 376892 LOWES COMPANIES INC 31058 33386 MASTERCARD INC 28237 31411 MERCK & CO INC 59984 61186 METROPOLITAN WEST RETURN BOND 23911 22976 MICROSOFT CORP 71225 77402 NEXTERA ENERGY, INC 34126 38189 OAKMARK INTERNATIONAL FUND 78526 79426 ORACLE CORP 39059 44183 PIMCO INCOME FUND 240000 251195 PROCTER GAMBLE CO 63612 67622 QUALCOMM INC 35863 49663 RAYTHEON TECHNOLOGIES CORP 25208 28318 T ROWE PRICE CAP APPRECIATION 75832 77188 TARGET CORPORATION 32354 39190 TEXAS INSTRUMENTS INC 39528 46449 THE BLACKSTONE GROUP INC CL A 22911 26442 THE COCA-COLA CO 11743947 14233118 THE JENSEN PORTFOLIO INC CLASS 148166 182116 TWEEDY BROWNE GLOBAL VALUE FUN 119598 121856 UNION PACIFIC 36491 40186 UNITED PARCEL SERVICE 39613 48668 UNITEDHEALTH GROUP INC 52954 59265 VANGUARD DIVIDEND GROWTH FD 912058 1022637 VANGUARD EQUITY INCOME - ADMIR 1211266 1335224 VANGUARD TOTAL BOND MARKET ETF 181165 181142 VANGUARD TOTAL BOND MARKET IND 60815 66848 VERIZON COMMUNICATIONS 60914 61923 VERSUS CAPITAL MULTI MNGR REAL 25815 25157 VISA INC 22989 25154 WISDOMTREE SC DIV 384722 467522 General Consultations 985 440 545 Administrative Fees 55551 55551 Bank Charges 909 909 Foundation Dues & Memberships 190 190 Indemnification Insurance 1142 1142 Website Hosting/Support 1293 1293 OFFICE SUPPLIES 325 325 NOTARY FEES 152 152 Foreign Currency Loss -336 -336 GRANTS OF PUBLICLY TRADED SECURITIES 99400 Investment Management Services 12179 12179 CONSULTANT SERVICES 24000 24000 990-PF Estimated Tax for 2020 50700 990-PF Extension for 2019 5897