WALTER & JEAN KALBERER FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
WALTER & JEAN KALBERER FOUNDATION (EIN 34-1817179)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-10-26
IRS object ID
202142999349100109
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)
Return2021-10-26T07:17:52-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341660198PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Morgan & Associates IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16155 Rockside Road 307AddressLine1Txt
CityIndependenceCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44131ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341817179EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WALTER & JEAN KALBERER FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWALTBusinessNameControlTxt
Phone4404631881PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11259 W HILL DRAddressLine1Txt
CityGATES MILLSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44040ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJean C KalbererPersonNm
Person TitleTrusteePersonTitleTxt
Signature2021-10-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJean CPersonFirstNm
Person LastKalbererPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHUGH J MORGANPreparerPersonNm
PTINP01223082PTIN
Phone2166428604PhoneNum

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$2,224,259FMVAssetsEOYAmt
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$108InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$108InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$108InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$18,621DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,621DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,621DividendsAdjNetIncmAmt
Total Rev And Expnss$18,729TotalRevAndExpnssAmt
Total Net Invst Incm$18,729TotalNetInvstIncmAmt
Total Adj Net Incm$18,729TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,815AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$908AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$907AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$7,500TaxesRevAndExpnssAmt
Taxes Net Invst Incm$7,500TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$425OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$425OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,740TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,408TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,332TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,201,359ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,201,359ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,211,099TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,408TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,202,691TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,192,370ExcessRevenueOverExpensesAmt
Net Investment Income$10,321NetInvestmentIncomeAmt
Adjusted Net Income$18,729AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$76,751SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$44,119SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$44,119SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$370,248CorporateStockBOYAmt
Corporate Stock EOY$195,303CorporateStockEOYAmt
Corporate Stock EOYFMV$2,180,140CorporateStockEOYFMVAmt
Other Assets BOY$1,029,785OtherAssetsBOYAmt
Other Assets EOY$1,029,785OtherAssetsEOYAmt
Total Assets BOY$1,476,784TotalAssetsBOYAmt
Total Assets EOY$1,269,207TotalAssetsEOYAmt
Total Assets EOYFMV$2,224,259TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,476,784CapitalStockBOYAmt
Capital Stock EOY$1,269,207CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$1,476,784TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,269,207TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,476,784TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,269,207TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,476,784TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,192,370ExcessRevenueOverExpensesAmt
Other Increases$1,984,793OtherIncreasesAmt
Subtotal$1,269,207SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,269,207TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$143InvestmentIncomeExciseTaxAmt
Subtotal$143SubtotalAmt
Tax Based On Investment Income$143TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,097EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,097TotalPaymentsAndCreditsAmt
Overpayment$2,954OverpaymentAmt
Applied To ES Tax$2,954AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateOHOrgReportOrRegisterStateCd
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 Line1JEAN KALBERERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4404631881PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11259 W HILL DRAddressLine1Txt
CityGATES MILLSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP440409636ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Walter E Kalberer
1259 West Hill DriveGates MillsOH44040Trustee0.00$0
Jean C Kalberer
1259 West Hill DriveGates MillsOH44040Trustee0.00$0
Gwenn S Winkhaus
PO Box 438ArmonkNY10504Trustee0.00$0
Lori Kalberer
1289 RIVER ROADGATES MILLSOH44040TRUSTEE0.00$0
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$3,057,764AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$67,778AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,125,542TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,125,542AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$46,883CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,078,659NetVlNoncharitableAssetsAmt
Minimum Investment Return$153,933MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$153,933MinimumInvestmentReturnAmt
Tax Based On Investment Income$143TaxBasedOnInvestmentIncomeAmt
Total Tax$143TotalTaxAmt
Distributable Before Adj$153,790DistributableBeforeAdjAmt
Distributable Before Ded$153,790DistributableBeforeDedAmt
Distributable As Adjusted$153,790DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,202,691ExpensesAndContributionsAmt
Qualifying Distributions$2,202,691QualifyingDistributionsAmt
Adjusted Qualifying Distri$2,202,691AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$153,790DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$231,764ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$35,480ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$56,263ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$797,591ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,121,098TotalExcessDistributionCyovAmt
Qualifying Distributions$2,202,691QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$153,790AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,048,901RemainingDistriFromCorpusAmt
Total Corpus$3,169,999TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$231,764ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,938,235ExcessDistriCyovToNextYrAmt
Excess From Year3$35,480ExcessFromYear3Amt
Excess From Year2$56,263ExcessFromYear2Amt
Excess From Year1$797,591ExcessFromYear1Amt
Excess From Current Year$2,048,901ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerWalter E KalbererContributingManagerNm
Contributing ManagerJean C KalbererContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CWRU
10900 EUCLID AVECLEVALANDOH44106NONE501 C3MALTZ PERFORMING ARTS CENTER$215,165
CWRU
10900 EUCLID AVECLEVELANDOH44106NONE501 C3MALTZ PERFORMING ARTS CENTER$802,585
CLEVELAND INSTITUTE OF MUSIC
SEVERANCE HALLCLEVELANDOH44106NONE501C3ANNUAL FUND$3,000
CLEVELAND PLAYHOUSE
PLAYHOUSE SQUARECLEVELANDOH44114NONEPCIN HONOR OF BOBBIE MIESELL$2,000
CLEVELAND INSTITUTE OF ART
11141 EAST BLVDCLEVELANDOH44106NONE501 C3ANNUAL FUND$5,000
CLEVELAND MUSEUM OF ART
11150 EAST BLVDCLEVELANDOH44106NONE501 C3ANNUAL FUND$10,000
CLEVELAND ZOOLOGICAL
3900 WILDLIFE WAYCLEVELANDOH44109NONE501 C3RHINO YARD EXPANSION$398,182
MUSICAL ARTS ASSCIATION
11001 EUCLID AVECLEVELANDOH44106NONEPCCLEVELAND ORCHESTRA$121,136
CLEVELAND PLAYHOUSE
PLAYHOUSE SQUARECLEVELANDOH44114NONESUSAN WATSON FUND$121,136
CASE WESTERN RESERVE UNIVERSITY
10900 EUCLID AVECLEVELANDOH44106PF2020 BENEFIT$10,000
HAWKEN SCHOOL
12465 COUNTY LINE ROADGATES MILLSOH44040NONEPC2020 ANNUAL FUND$3,000
NATIONAL ABOLITION MUSEUM
5255 PLEASANT VALLEY ROADCAZENOVIANY13035PFPRODUCTION "A NATION DIVIDED"$10,000
CWRU
10900 EUCLID AVECLEVELANDOH44106PFMALTZ PERFORMING ARTS CENTER$500,155
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,201,359TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$108ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,621ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$18,729ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$18,729TotalIncomeProducingActyAmt

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)
CategoryMORGAN & ASSOCIATESCategoryTxt
Amt$1,815Amt
Net Investment Income$908NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$907DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCOMMON STOCKSStockNm
EOY Book Value$195,303EOYBookValueAmt
EOYFMV$2,180,140EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescCSV Life InsuranceDesc
BOY Book Value$1,029,785BOYBookValueAmt
EOY Book Value$1,029,785EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSTATE REGISTRATION FEESDesc
Revenue And Expenses Per Books$425RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$425DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescAPPRECIATION IN VALUE OF STOCKS DONATED TO CHARITABLE ORGSDesc
Amt$1,984,793Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRSCategoryTxt
Amt$7,500Amt
Net Investment Income$7,500NetInvestmentIncomeAmt

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