DRS KIRAN & PALLAVI PATEL FAMILYFOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- DRS KIRAN & PALLAVI PATEL FAMILYFOUNDATION INC (EIN 20-3916634)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-27
- IRS object ID
- 202003329349100000
- Schema version
- 2019v5.0
- Note
- A later return for the same period supersedes this one.
- 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
- Schedule B
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-27T07:47:21-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 593592794 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERALD L BIRCH CPA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12142 LUFTBURROW LN | AddressLine1Txt |
| City | HUDSON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 346695005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203916634 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRS KIRAN & PALLAVI PATEL | BusinessNameLine1Txt |
| Business Name Line2 | FAMILY FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DRSK | BusinessNameControlTxt |
| Phone | 8135066083 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5600 MARINER STREET STE 200 | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33609 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PALLAVI C PATEL MD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8135066083 | PhoneNum |
| Signature | 2020-11-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GERALD L BIRCH CPA | PreparerPersonNm |
| PTIN | P00290598 | PTIN |
| Phone | 7057172725 | PhoneNum |
| Preparation | 2020-11-27 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 142.183.160.245 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-27 | IPDt |
| IP Tm | 07:47:21 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A3E6F9104D5F177D71148DA0CAB36783939FABEA | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A3E6F9104D5F177D71148DA0CAB36783939FABEA | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $40,796,850 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $52,550 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $813,319 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $813,319 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $813,319 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $182,396 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $182,396 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $182,396 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $172,416 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,534,906 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $650,032 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $650,032 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,870,713 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $995,715 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,645,747 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $5,730 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $5,730 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $7,655 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,655 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $254,015 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $254,015 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,213 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,213 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $466,360 | DeprecAndDpltnRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $994 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $994 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $245,895 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $237,297 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,598 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $985,862 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $504,180 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $15,322 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $206,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $206,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,192,362 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $504,180 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $221,822 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $678,351 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $491,535 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,645,747 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $831,267 | CashBOYAmt |
| Cash EOY | $514,414 | CashEOYAmt |
| Cash EOYFMV | $514,414 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $10,983,724 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $307,070 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $307,070 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $11,276,839 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,134,957 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,134,957 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $20,631,591 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $210,578 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,106,021 | LandBOYAmt |
| Land EOY | $20,421,013 | LandEOYAmt |
| Land EOYFMV | $20,631,591 | LandEOYFMVAmt |
| Other Assets BOY | $19,498,646 | OtherAssetsBOYAmt |
| Other Assets EOY | $7,208,818 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $7,208,818 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,696,497 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,586,272 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $40,796,850 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $17,665 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $12,245,336 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,821,799 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,263,001 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,821,799 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $33,433,496 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $32,764,473 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,433,496 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $32,764,473 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,696,497 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $40,586,272 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,433,496 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $678,351 | ExcessRevenueOverExpensesAmt |
| Other Increases | $264,134 | OtherIncreasesAmt |
| Subtotal | $34,375,981 | SubtotalAmt |
| Other Decreases | $1,611,508 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $32,764,473 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $8,450,798 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $35,189,409 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.240152 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,624,678 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $50,117,968 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.032417 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $7,668,134 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $17,281,336 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.443723 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $802,550 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,337,819 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.185012 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,468,007 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,866,136 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.209994 | DistributionYr5Rt |
| Total Distribution | 2.111298 | TotalDistributionRt |
| Average Distribution | 0.422260 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $38,718,516 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $16,349,281 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,915 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $16,354,196 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $221,822 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,831 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,831 | SubtotalAmt |
| Tax Based On Investment Income | $9,831 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $145 | EsPenaltyAmt |
| Tax Due | $4,976 | TaxDueAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | KANDPHOLDINGS.COM | WebsiteAddressTxt |
| Individual With Books | BHARATI SHAH | IndividualWithBooksNm |
| Phone | 8135941026 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5600 MARINER STREET | AddressLine1Txt |
| Address Line2 | SUITE 227 | AddressLine2Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33609 | 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 |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| PALLAVI C PATEL MD | |||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| SHILEN PATEL | |||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | V PRESIDENT | 000.00 | $0 | $0 | $0 |
| KIRAN C PATEL MD | |||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | SEC/TREAS | 000.00 | $0 | $0 | $0 |
| SONALI JUDD | |||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| SHEETAL PATEL | |||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SARDARDHAM SEE WEBSITE FOR PROGRAM DETAILS | Description1Txt |
| Expenses1 | $142,000 | Expenses1Amt |
| Description2 | CHILDREN OF PROMISE SEE WEBSITE FOR PROGRAM DETAILS | Description2Txt |
| Expenses2 | $30,000 | Expenses2Amt |
| Description3 | HUMAN SERVICES TRUST ZAMBIA SEE WEBSITE FOR PROGRAM DETAILS | Description3Txt |
| Expenses3 | $10,000 | Expenses3Amt |
| Description4 | USF FOUNDATION SEE WEBSITE FOR PROGRAM DETAILS | Description4Txt |
| Expenses4 | $5,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $497,022 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $38,302 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $38,772,814 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $39,308,138 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $39,308,138 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $589,622 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,718,516 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,935,926 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,935,926 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,831 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,831 | TotalTaxAmt |
| Distributable Before Adj | $1,926,095 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,926,095 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,926,095 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $221,822 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $221,822 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $221,822 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,926,095 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $3,327,954 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $587,527 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $6,805,213 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $6,696,120 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,416,814 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $221,822 | QualifyingDistributionsAmt |
| Applied To Current Year | $221,822 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $1,704,273 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,704,273 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,712,541 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,623,681 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $14,088,860 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $587,527 | ExcessFromYear4Amt |
| Excess From Year3 | $6,805,213 | ExcessFromYear3Amt |
| Excess From Year1 | $6,696,120 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | KIRAN C PATEL MD | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5600 MARINER STREET | AddressLine1Txt |
| Address Line2 | SUITE 227 | AddressLine2Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8138068500 | RecipientPhoneNum |
| Recipient Email Address | BHARATI@KANDPHOLDINGS.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | NONE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITY POLO CLASSIC INC | |||||||||||||
| 13014 N DALE MABRY HWY | SUITE 520 | TAMPA | FL | 33618 | NONE | 501(C)(3) | PROGRAMS | $5,000 | |||||
| CHILDREN OF PROMISE | |||||||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | NONE | 501(C)(3) | PROGRAMS | $30,000 | |||||
| CLEARWATER FOR YOUTH | |||||||||||||
| 1501 N BELCHER RD | SUITE 711 | CLEARWATER | FL | 33765 | NONE | 501(C)(3) | PROGRAMS | $5,000 | |||||
| HUMAN SERVICE TRUST ZAMBIA | |||||||||||||
| NONE | 501(C)(3) | PROGRAMS | $10,000 | PO BOX 50431 LUSAKA | PLOT NUMBER 9091 | MAKENI | ZAMBIA | ZA | |||||
| INDIA FESTIVAL | |||||||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | NONE | PROGRAMS | $1,000 | ||||||
| LUKEMIA AND LYMPHOMA SOCIETY | |||||||||||||
| 100 PAINTERS MILL ROAD | SUITE 400 | OWINGS MILLS | MD | 21117 | NONE | 501(C)(3) | PROGRAMS | $5,000 | |||||
| SARDARDHAM | |||||||||||||
| 5600 MARINER ST | SUITE 200 | TAMPA | FL | 33609 | NONE | PROGRAMS | $142,000 | ||||||
| TAMPA MUSTANG | |||||||||||||
| 5600 MARINER ST | TAMPA | FL | 33609 | NONE | 501(C)(3) | PROGRAMS | $1,000 | ||||||
| USF FOUNDATION | |||||||||||||
| 4202 EAST FOWLER AVE | TAMPA | FL | 33620 | NONE | 501(C)3) | PROGRAMS | $5,000 | ||||||
| STAGEWORKS THEATER | |||||||||||||
| 1120 E KENNEDY BLVD | TAMPA | FL | 33602 | NONE | 501(C)(3) | PROGRAMS | $2,500 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $206,500 | 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 | $813,319 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $182,396 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $172,416 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|
| OTHER NONOPERATING REVENUE | $1,139 | ||
| TIE TAMPA BAY ANGEL FUND | 900099 | -$32,727 | |
| AFC FL | 900099 | -$161 | |
| DFN ALPHA 90-10 FUND | $681,781 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$32,888 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $1,851,051 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,818,163 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | K&P PARTNERS LP | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5600 MARINER ST | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $49,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| IDEAL NETWORK SOLUTIONS | 2019-06-05 | $27,500 | $27,500 | 200DB | 5.0000 | |
| VOLOGY INC | 2019-06-21 | $116,720 | $116,720 | 200DB | 5.0000 | |
| HERTZ FURNITURE - FF | 2019-05-03 | $31,903 | $31,903 | 200DB | 7.0000 | |
| COMPUTERS | 2019-07-15 | $132,756 | 200DB | 5.0000 | $132,756 | |
| VOLLEYBALL EQUIPMENT | 2019-08-06 | $84,085 | 200DB | 7.0000 | $84,085 | |
| INTELIGY TAMPA BAY | 2019-07-05 | $5,961 | 200DB | 7.0000 | $5,961 | |
| COLWILL ENGINEERING | 2019-07-23 | $11,170 | 200DB | 7.0000 | $11,170 | |
| KYOCERA - FF | 2019-09-03 | $4,700 | 200DB | 7.0000 | $4,700 | |
| HERTZ FURNITURE - FF | 2019-09-10 | $99,210 | 200DB | 5.0000 | $99,210 | |
| BUILDING | 2020-03-31 | $17,179,337 | S/L | 39.0000 | $128,478 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | 2019-07 | PURCHASE | 2020-06 | $5,877,150 | $6,434,678 | -$557,528 |
| SEE ATTACHED SCHEDULE | 2020-06 | PURCHASE | 2020-06 | $7,657,756 | $6,927,812 | $729,944 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DFN MANAGEMENT LLC | AT COST | $11,209,007 | $11,209,007 |
| TIE TAMPA ANGEL FUND | AT COST | $925,950 | $925,950 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| DEPRECIABLE ASSETS | $17,693,342 | $210,578 | $17,482,764 | $17,693,342 |
| LAND | $2,938,249 | $2,938,249 | $2,938,249 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $5,730 | LegalFeesAmt |
| Disbursements Charitable Prps | $5,730 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE | $302,496 | $782,496 | $782,496 |
| CONSRTUCTION IN PROGRESS | $12,941,443 | $211,370 | $211,370 |
| OTHER LONG TERM ASSETS | $6,221,977 | $6,214,952 | $6,214,952 |
| SECURITY DEPOSIT | $32,730 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN - PY | $1,475,945 |
| UNREALIZED LOSS - CY | $612 |
| BOOK -> TAX CAPITAL GAIN | $134,951 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| ADVERTISISNG | $478 | $478 | |
| BANK CHARGES | $259 | $259 | |
| INVESTMENT EXPENSE | $71,565 | $71,565 | |
| MARKETING | $2,530 | $2,530 | |
| MEALS | $1,347 | $1,347 | |
| OFFICE EXPENSE | $2,339 | $2,339 | |
| POSTAGE | $1,904 | $1,904 | |
| OTHER ADMINISTRATIVE EXPENSE | $165,473 | $165,473 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| OTHER NONOPERATING REVENUE | $1,139 | $1,139 |
| TIE TAMPA BAY ANGEL FUND | -$32,727 | -$32,727 |
| AFC FL | -$161 | -$161 |
| DFN ALPHA 90-10 FUND | $681,781 | $681,781 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK->TAX DEPRECIATION | Desc |
| Amt | $264,134 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| BANK OF AMERICA | $9,195,537 | |
| LINE OF CREDIT | $3,049,799 | $7,821,799 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | CategoryTxt |
| Amt | $7,655 | Amt |
| Net Investment Income | $7,655 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER TAXES | $5,063 | $5,063 |
| LICENSE | $150 | $150 |
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