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KATHLEEN MAURER FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
KATHLEEN MAURER FOUNDATION (EIN 47-1616467)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-06-14
IRS object ID
202121659349100977
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)
Return2021-06-14T16:06:21-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330684234PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Carpenter Petersen & Associates CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126020 Towne Centre DriveAddressLine1Txt
CityFoothill RanchCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92610ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471616467EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHLEEN MAURER FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKATHBusinessNameControlTxt
Phone9499513200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 14417AddressLine1Txt
CityLONG BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90853ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAnn RorrerPersonNm
Person TitleCEO/DIRECTOR/TTPersonTitleTxt
Signature2021-06-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAnnPersonFirstNm
Person LastRorrerPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGino GalantePreparerPersonNm
PTINP00170369PTIN
Phone9499513200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$1,912,180FMVAssetsEOYAmt
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$14,568InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14,568InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$14,568InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,679DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,679DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,679DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$59,083NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$163,190GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$59,083CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$1,741NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$96,330TotalRevAndExpnssAmt
Total Net Invst Incm$96,330TotalNetInvstIncmAmt
Total Adj Net Incm$38,988TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$12,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$12,000CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$5,683AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,421AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$4,262AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$25,058OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$25,058OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,470TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$1,470TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,043OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$1,043OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$45,254TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$26,479TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$18,775TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$20,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$20,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$65,254TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$26,479TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$38,775TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$31,076ExcessRevenueOverExpensesAmt
Net Investment Income$69,851NetInvestmentIncomeAmt
Adjusted Net Income$38,988AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$61,874CashBOYAmt
Cash EOY$13,738CashEOYAmt
Cash EOYFMV$13,738CashEOYFMVAmt
Corporate Stock BOY$1,011,461CorporateStockBOYAmt
Corporate Stock EOY$1,097,001CorporateStockEOYAmt
Corporate Stock EOYFMV$1,829,392CorporateStockEOYFMVAmt
Corporate Bonds BOY$75,367CorporateBondsBOYAmt
Corporate Bonds EOY$69,039CorporateBondsEOYAmt
Corporate Bonds EOYFMV$69,050CorporateBondsEOYFMVAmt
Total Assets BOY$1,148,702TotalAssetsBOYAmt
Total Assets EOY$1,179,778TotalAssetsEOYAmt
Total Assets EOYFMV$1,912,180TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,148,702RetainedEarningBOYAmt
Retained Earning EOY$1,179,778RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,148,702TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,179,778TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,148,702TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,179,778TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,148,702TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$31,076ExcessRevenueOverExpensesAmt
Subtotal$1,179,778SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,179,778TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
CAPITAL GAIN DISTRIBUTIONSP2018-01-012020-12-31$15,129$15,129$15,129
CITIBANKP2020-06-302020-12-31$15,102$1,741$1,741$13,361
CITIBANKP2018-01-012020-12-31$92,682$25,798$25,798$66,884
CITIBANKP2018-01-012020-12-31$27,722$15,495$15,495$12,227
BOEING COP2018-01-012020-12-31$12,555$920$920$11,635
FieldValueIRS element (for citing)
Capital Gain Net Income$59,083CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$1,741NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$971InvestmentIncomeExciseTaxAmt
Subtotal$971SubtotalAmt
Tax Based On Investment Income$971TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$18EsPenaltyAmt
Tax Due$989TaxDueAmt

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 StateCAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1GINO GALANTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9499513200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line126020 TOWNE CENTRE DRIVEAddressLine1Txt
CityFOOTHILL RANCHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92610ZIPCd
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
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)
PersonAnn RorrerPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13609 E2nd Street 403AddressLine1Txt
CityLong BeachCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90803ZIPCd
FieldValueIRS element (for citing)
TitleCEO/TrusteeTitleTxt
Average Hrs Per Wk Devoted To Pos4.00AverageHrsPerWkDevotedToPosRt
Compensation$12,000CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,772,222AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$37,806AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,810,028TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,810,028AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$27,150CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,782,878NetVlNoncharitableAssetsAmt
Minimum Investment Return$89,144MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$89,144MinimumInvestmentReturnAmt
Tax Based On Investment Income$971TaxBasedOnInvestmentIncomeAmt
Total Tax$971TotalTaxAmt
Distributable Before Adj$88,173DistributableBeforeAdjAmt
Distributable Before Ded$88,173DistributableBeforeDedAmt
Distributable As Adjusted$88,173DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$38,775ExpensesAndContributionsAmt
Qualifying Distributions$38,775QualifyingDistributionsAmt
Adjusted Qualifying Distri$38,775AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$88,173DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$33,454ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$34,186ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$26,203ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$93,843TotalExcessDistributionCyovAmt
Qualifying Distributions$38,775QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$38,775AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$49,398ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$49,398ExcessDistributionCyovAppCYAmt
Total Corpus$44,445TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$44,445ExcessDistriCyovToNextYrAmt
Excess From Year3$18,242ExcessFromYear3Amt
Excess From Year2$26,203ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
OLIVE CREST
917 PINE AVENUELONG BEACHCA90813DONEE501(c)(3)TO SUPPORT CRITICAL PROGRAMS THAT PROVIDE SHELTER, TREATMENT AND CARE FOR AT-RISK YOUTH.$5,000
CITY OF HOPE
1055 WILSHIRE BLVD 1200LOS ANGELESCA90017DONEE501(C)(3)FOR RESEARCH ON NEW MEDICAL, CANCER AND DIABETES TREATMENTS FOR CHILDREN.$5,000
DOCTORS WITHOUT BORDERS
333 SEVENTH AVENUE SECOND FLOORNEW YORK CITYNY10001DONEE501(C)(3)FOR THE MEDICAL ASSISTANCE AND TREATMENT OF CHILDRENS HEALTH ISSUES.$5,000
ST JUDE CHILDRENS RESEARCH HOSPITAL
501 ST JUDE PLACEMEMPHISTN38105DONEE501(C)(3)FOR THE HEALTH AND WELFARE OF CHILDREN WITH CANCER AND OTHER DEADLY DISEASES.$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$20,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,568ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$22,679ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$59,083RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$37,247ExclusionAmt
Related Or Exempt Function Incm$59,083RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$96,330TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number8LineNumberTxt
Relationship StatementGENERATED BY PRUDENT INVESTING OF FUNDS AND FUNDS ON HAND PRIOR TO EXPENDITURE.RelationshipStatementTxt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$5,683Amt
Net Investment Income$1,421NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$4,262DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$15$15
INSURANCE$787$787
PO BOX DUES$216$216
POSTAGE$25$25

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryBROKERAGE FEESCategoryTxt
Amt$25,058Amt
Net Investment Income$25,058NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER TAXES$10$10
PAYROLL TAXES$1,460$1,460

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