KEN KELLEY FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
KEN KELLEY FAMILY FOUNDATION (EIN 26-4049904)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-13
IRS object ID
202033189349101028
Schema version
2019v5.0
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)
Return2020-11-13T08:25:23-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752333913PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILSON HAAG PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1418 S POLK ST STE 200AddressLine1Txt
CityAMARILLOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP791011430ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264049904EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KEN KELLEY FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKENKBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 31598AddressLine1Txt
CityAMARILLOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79120ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonOLIVER KENDALL KELLYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8065764595PhoneNum
Signature2020-11-11SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTRUITT V HAYES CPAPreparerPersonNm
PTINP01247294PTIN
Phone8063723331PhoneNum
Preparation2020-11-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address66.62.146.86IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-13IPDt
IP Tm08:25:23IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6A1937695470CC1519FB3F22F0AD2A2A7359E15EAtSubmissionCreationDeviceId
At Submission Filing Device Id0039BDDA14AEB63F358E1BC86AE8CC94B447AED9AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$788,149FMVAssetsEOYAmt
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$44,783InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$44,783InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$282DividendsRevAndExpnssAmt
Dividends Net Invst Incm$282DividendsNetInvstIncmAmt
Total Rev And Expnss$45,065TotalRevAndExpnssAmt
Total Net Invst Incm$45,065TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,600AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$87OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$87OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,687TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,687TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,187TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,687TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$36,878ExcessRevenueOverExpensesAmt
Net Investment Income$43,378NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$751,271SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$788,149SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$788,149SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$751,271TotalAssetsBOYAmt
Total Assets EOY$788,149TotalAssetsEOYAmt
Total Assets EOYFMV$788,149TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$751,271RetainedEarningBOYAmt
Retained Earning EOY$788,149RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$751,271TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$788,149TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$751,271TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$788,149TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$751,271TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$36,878ExcessRevenueOverExpensesAmt
Subtotal$788,149SubtotalAmt
Tot Net Ast Or Fund Balances EOY$788,149TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$178,843AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$748,686NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.238876DistributionYr1Rt
Adjusted Qlfy Distri Yr2$17,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$816,487NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.020821DistributionYr2Rt
Adjusted Qlfy Distri Yr3$5,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$823,059NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.006075DistributionYr3Rt
Adjusted Qlfy Distri Yr4$28,500AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$820,500NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.034735DistributionYr4Rt
Adjusted Qlfy Distri Yr5$849,771AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,129,874NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.752094DistributionYr5Rt
Total Distribution1.052601TotalDistributionRt
Average Distribution0.210520AverageDistributionRt
Net Vl Noncharitable Assets$753,731NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$158,675AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$434NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$159,109AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$6,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$868InvestmentIncomeExciseTaxAmt
Subtotal$868SubtotalAmt
Tax Based On Investment Income$868TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$35EsPenaltyAmt
Tax Due$903TaxDueAmt

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 StateTXOrgReportOrRegisterStateCd
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 Line1HAPPY STATE BANK AND TRUST COBusinessNameLine1Txt
Business Name Line2HAPPY STATE BANK AND TRUST COBusinessNameLine2Txt
FieldValueIRS element (for citing)
Phone8063568787PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1701 S TAYLOR STE 200AddressLine1Txt
Address Line2701 S TAYLOR STE 200AddressLine2Txt
CityAMARILLOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79101ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TAYLOR KENDALL KELLEY
2100 SPRUCE STAMARILLOTX79103SECRETARY/TR0.50$0$0$0
JACKSON BRYAN KELLEY
2100 SPRUCE STAMARILLOTX79103VICE PRESIDE0.50$0$0$0
OLIVER KENDALL KELLY
2100 SPRUCE STAMARILLOTX79103PRESIDENT1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$761,777AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,432FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$765,209TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$765,209AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,478CashDeemedCharitableAmt
Net Vl Noncharitable Assets$753,731NetVlNoncharitableAssetsAmt
Minimum Investment Return$37,687MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$37,687MinimumInvestmentReturnAmt
Tax Based On Investment Income$868TaxBasedOnInvestmentIncomeAmt
Total Tax$868TotalTaxAmt
Distributable Before Adj$36,819DistributableBeforeAdjAmt
Distributable Before Ded$36,819DistributableBeforeDedAmt
Distributable As Adjusted$36,819DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,500ExpensesAndContributionsAmt
Qualifying Distributions$6,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$6,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$36,819DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$645,171ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr1$143,723ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$788,894TotalExcessDistributionCyovAmt
Qualifying Distributions$6,500QualifyingDistributionsAmt
Applied To Current Year$6,500AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$30,319ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$30,319ExcessDistributionCyovAppCYAmt
Total Corpus$758,575TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$614,852ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$143,723ExcessDistriCyovToNextYrAmt
Excess From Year1$143,723ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
OPPORTUNITY SCHOOL
1103 VAN BURENAMARILLOTX79101PCGENERAL$2,500
AMARILLO SYMPHONY
301 S POLK ST STE 700AMARILLOTX79101PCGENERAL$2,500
LAURA W BUSH INST FOR WOMEN'S HEALT
5920 FOREST PARK RDDALLASTX75235PCGENERAL$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$44,783ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$282ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$45,065ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$45,065TotalIncomeProducingActyAmt

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 & LEGAL EXPENSECategoryTxt
Amt$1,600Amt
Net Investment Income$1,600NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ADMINISTRATIVE FEES$87$87

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