THE PETER C KERN FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE PETER C KERN FAMILY FOUNDATION (EIN 81-2468541)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-12
- IRS object ID
- 202131329349102013
- Schema version
- 2020v4.1
- 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
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-12T09:43:50-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John A Cochran Esquire | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 S MAIN ST | AddressLine1Txt |
| City | GREENSBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15601 | 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 | 812468541 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Peter C Kern Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETE | BusinessNameControlTxt |
| Phone | 9406866070 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10279 FM 455 East | AddressLine1Txt |
| City | Pilot Point | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76258 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John A Cochran | PersonNm |
| Person Title | Co- Mgt. Trustee | PersonTitleTxt |
| Phone | 9406866070 | PhoneNum |
| Signature | 2021-05-05 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | John | PersonFirstNm |
| Person Last | Cochran | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John A Cochran Esq | PreparerPersonNm |
| PTIN | P00503216 | PTIN |
| Phone | 7242165180 | PhoneNum |
| Preparation | 2021-05-12 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $903,831 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $10 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $29,241 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $29,241 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $47,081 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $47,081 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $76,332 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $76,332 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $8,949 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $8,949 | CompOfcrDirTrstNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,250 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $7,165 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,165 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $46 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $46 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $1,200 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $1,200 | OccupancyNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,516 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,516 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $20,126 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,126 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $41,944 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $41,944 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $62,070 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,126 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $41,944 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,262 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $56,206 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,514 | CashBOYAmt |
| Cash EOY | $1,013 | CashEOYAmt |
| Cash EOYFMV | $1,013 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,145 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $681 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $681 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $887,916 | CorporateStockBOYAmt |
| Corporate Stock EOY | $902,137 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $902,137 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $892,575 | TotalAssetsBOYAmt |
| Total Assets EOY | $903,831 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $903,831 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $11,376 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $22,775 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $11,376 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,775 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $881,199 | RetainedEarningBOYAmt |
| Retained Earning EOY | $881,056 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $881,199 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $881,056 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $892,575 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $903,831 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $881,199 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,262 | ExcessRevenueOverExpensesAmt |
| Subtotal | $895,461 | SubtotalAmt |
| Other Decreases | $14,405 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $881,056 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 972 Alger Spectra | P | 2018-06-20 | 2020-04-16 | $21,139 | $0 | $22,498 | -$1,359 | $0 | $0 | $0 | -$1,359 |
| 1554 Fidelity Contrafund | P | 2018-06-20 | 2020-04-16 | $20,068 | $0 | $20,881 | -$813 | $0 | $0 | $0 | -$813 |
| 305 Harbor Capital Appreciation | P | 2018-06-20 | 2020-04-16 | $21,437 | $0 | $22,282 | -$845 | $0 | $0 | $0 | -$845 |
| 36 Ishares US Medical | P | 2018-06-20 | 2020-04-16 | $9,047 | $0 | $7,368 | $1,679 | $0 | $0 | $0 | $1,679 |
| 360 Janus Henderson | P | 2018-05-14 | 2020-04-16 | $12,364 | $0 | $12,150 | $214 | $0 | $0 | $0 | $214 |
| 1202 Laudus US Large Cap | P | 2018-06-20 | 2020-04-16 | $26,015 | $0 | $26,150 | -$135 | $0 | $0 | $0 | -$135 |
| 135 Mairs & Pwr | P | 2018-05-14 | 2020-04-16 | $11,900 | $0 | $12,450 | -$550 | $0 | $0 | $0 | -$550 |
| 679 Parnassus Endeavor | P | 2018-05-14 | 2020-04-16 | $20,652 | $0 | $24,777 | -$4,125 | $0 | $0 | $0 | -$4,125 |
| 445 Parnassus Mid-Cap | P | 2018-06-20 | 2020-04-16 | $12,928 | $0 | $14,600 | -$1,672 | $0 | $0 | $0 | -$1,672 |
| 458 Primecap Odyssey | P | 2018-06-20 | 2020-04-16 | $15,169 | $0 | $19,276 | -$4,107 | $0 | $0 | $0 | -$4,107 |
| 446 Red Oak Tech | P | 2018-05-14 | 2020-04-16 | $12,945 | $0 | $12,131 | $814 | $0 | $0 | $0 | $814 |
| 739 Schwab Fundmental | P | 2018-06-20 | 2020-04-16 | $10,367 | $0 | $12,816 | -$2,449 | $0 | $0 | $0 | -$2,449 |
| 359 T Rowe Price Div Grw | P | 2018-05-14 | 2020-04-16 | $16,577 | $0 | $15,866 | $711 | $0 | $0 | $0 | $711 |
| 44 Vanguard Health | P | 2018-06-20 | 2020-04-16 | $8,811 | $0 | $9,124 | -$313 | $0 | $0 | $0 | -$313 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$12,950 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $781 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $781 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $781 | TaxBasedOnInvestmentIncomeAmt |
| Original Return Tax Paid | $0 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $14 | EsPenaltyAmt |
| Tax Due | $795 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | 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 |
| Individual With Books | Renee Polk | IndividualWithBooksNm |
| Phone | 9406866070 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10279 FM 455 East | AddressLine1Txt |
| City | Pilot Point | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76258 | 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 |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| John A Cochran | ||||||||
| 140 S Main St | Greensburg | PA | 15601 | Co- Mgt. Trustee | 1.00 | $2,237 | $0 | $0 |
| Dan Flagg | ||||||||
| 10279 FM 455 East | Pilot Point | TX | 76258 | Co-Mgt. Trustee | 1.00 | $2,237 | $0 | $0 |
| Colin M Siedor | ||||||||
| 3000 Mornington Dr | Atlanta | GA | 30327 | Co-Mgt Trustee | 1.00 | $2,237 | $0 | $0 |
| Benjamin G Lipman | ||||||||
| 12 Radcliff Road | Bala Cynwyd | PA | 19004 | Co-Mgt. Trustee | 1.00 | $2,237 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $881,056 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $881,056 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $881,056 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,216 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $867,840 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $43,392 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $43,392 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $781 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $781 | TotalTaxAmt |
| Distributable Before Adj | $42,611 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $42,611 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $42,611 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $41,944 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $41,944 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $41,944 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $42,611 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $41,944 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $402 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $113 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $521 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $41,944 | QualifyingDistributionsAmt |
| Applied To Year1 | $41,944 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $521 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $42,611 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $521 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $402 | ExcessFromYear3Amt |
| Excess From Year2 | $113 | ExcessFromYear2Amt |
| Excess From Year1 | $6 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | none | ContributingManagerNm |
| Shareholder Manager | none | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Parents & Friends of Princeton FFA | ||||||
| PO Box 385 | Princeton | TX | 75407 | NC | Educational programs | $4,194 |
| Alaqua Animal Refuge | ||||||
| 959 Whitfield Road | Freeport | FL | 32439 | NC | Animal rescue | $8,389 |
| National Veterans Memorial & Museum | ||||||
| 300 W Broad St | Columbus | OH | 43215 | NC | Educational programs | $8,389 |
| Noah's ARK SPCA | ||||||
| 2501 N Weaver St | Gainesville | TX | 76240 | NC | Animal rescue | $8,389 |
| Princeton Lions Foundation | ||||||
| 321 Panther Parkway | Princeton | TX | 75407 | NC | Educatioinal programs | $4,194 |
| (no name) | ||||||
| $0 | ||||||
| Alliance for Eating Disorder Awareness | ||||||
| 1649 Forum Place Unit 2 | West Palm Beach | FL | 33401 | NC | Public Health Awareness | $8,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $41,944 | 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 | $10 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $29,241 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$12,949 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized gain on investments | Desc |
| Related Or Exempt Function Incm | $47,084 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $63,386 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $63,386 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3,4,8& | LineNumberTxt |
| Relationship Statement | Investment income contributes to funds available for distribution in furtherance of this foundation's purpose. | RelationshipStatementTxt |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Charles Schwab - Investment Account# 4508 | $408,341 | $408,341 |
| Wells Fargo - Investment Account # 4648 | $493,796 | $493,796 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| net federal tax | $1,456 |
| capital losses | $12,949 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Bank fees | $57 | $57 |
| Insurance | $1,459 | $1,459 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | unrealized income on investment | Desc |
| Revenue And Expenses Per Books | $47,081 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $47,081 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Due To PCK Mgt. - overhead | $2,450 | $4,900 |
| Mgt. Trustee fees payable | $8,926 | $17,875 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Wells Fargo Investment Advise | $3,797 | $3,797 |
| Charles Schwab Investment Advise | $3,368 | $3,368 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Tax | CategoryTxt |
| Amt | $46 | Amt |
| Net Investment Income | $46 | NetInvestmentIncomeAmt |
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