BARBARA AND GIL KEMP FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- BARBARA AND GIL KEMP FOUNDATION INC (EIN 20-3834827)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-14
- IRS object ID
- 201913189349101266
- Schema version
- 2018v3.1
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-14T09:53:21-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203834827 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BARBARA AND GIL KEMP FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O RSM US LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BARB | BusinessNameControlTxt |
| Phone | 9148827341 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 TIMES SQUARE 151 W 42ND ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100362602 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA KEMP | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 9148827341 | PhoneNum |
| Signature | 2019-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL WEIRETER | PreparerPersonNm |
| PTIN | P00140887 | PTIN |
| Phone | 2123721000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 98.7.18.247 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-12 | IPDt |
| IP Tm | 09:54:28 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8437725A3821FDA4A841D19062B2AC4F4A7EC995 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,051,470 | 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 | $1,957 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,957 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $68,393 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $68,393 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $292,379 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $29,572 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $292,379 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$130,422 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $232,307 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $362,729 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $37,798 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $18,899 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $18,899 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $30 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $30 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,661 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $135,356 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,887 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $196,845 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,816 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $18,899 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,578,692 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,578,692 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,775,537 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,816 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,597,591 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,543,230 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $331,913 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $458,967 | CashBOYAmt |
| Cash EOY | $18,445 | CashEOYAmt |
| Cash EOYFMV | $18,445 | CashEOYFMVAmt |
| Other Investments BOY | $3,676,232 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,761,392 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,980,451 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $30,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $52,574 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $52,574 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,165,199 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,832,411 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,051,470 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $22,000 | LoansFromOfficersBOYAmt |
| Other Liabilities BOY | $267,593 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,500,035 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $289,593 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,500,035 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,875,606 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,332,376 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,875,606 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,332,376 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,165,199 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,832,411 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,875,606 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,543,230 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,332,376 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,332,376 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2018-01-01 | 2018-12-31 | $4,380 | $4,380 | ||
| PUBLICLY TRADED SECURITIES | 2017-06-30 | 2018-12-31 | $259,756 | $259,756 | ||
| THRU K-1 SOFT SURROUNDINGS HOLDINGS LLC | 2016-06-30 | 2018-12-31 | -$1,329 | -$1,329 | P | |
| CAPITAL GAINS DIVIDENDS | $29,572 | $29,572 | P | $29,572 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $292,379 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,592,616 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,773,231 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.181531 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,805,578 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,143,376 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.178006 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,513,233 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,093,392 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.136409 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,206,668 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,043,040 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.245853 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $660,194 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,914,453 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047447 | DistributionYr5Rt |
| Total Distribution | 0.789246 | TotalDistributionRt |
| Average Distribution | 0.157849 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,740,248 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,221,790 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,319 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,225,109 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,597,591 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $3,319 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,319 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,319 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,320 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,320 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $11 | EsPenaltyAmt |
| Tax Due | $10 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILES AND BARBARA KEMP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9148827341 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O RSM US-4 TIMES SQUARE 151 W | AddressLine1Txt |
| Address Line2 | 42ND ST | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|---|
| GILES K KEMP | |||||||||
| RSM US LLP-4 TIMES SQUARE 151 W | 42ND ST | NEW YORK | NY | 10036 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| BARBARA G KEMP | |||||||||
| RSM US LLP-4 TIMES SQUARE 151 W | 42ND ST | NEW YORK | NY | 10036 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| REBECCA L KEMP | |||||||||
| RSM US LLP-4 TIMES SQUARE 151 W | 42ND ST | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| DAVID G KEMP | |||||||||
| RSM US LLP-4 TIMES SQUARE 151 W | 42ND ST | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,629,338 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $228,782 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,000,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,858,120 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,858,120 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $117,872 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,740,248 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $387,012 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $387,012 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,319 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,319 | TotalTaxAmt |
| Distributable Before Adj | $383,693 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $383,693 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $383,693 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,597,591 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,597,591 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,319 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,594,272 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $383,693 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $109,649 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,674,117 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,099,920 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,381,284 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,160,572 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,425,542 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,597,591 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $383,693 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,213,898 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,639,440 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $109,649 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,529,791 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,674,117 | ExcessFromYear4Amt |
| Excess From Year3 | $1,099,920 | ExcessFromYear3Amt |
| Excess From Year2 | $1,381,284 | ExcessFromYear2Amt |
| Excess From Year1 | $1,160,572 | ExcessFromYear1Amt |
| Excess From Current Year | $1,213,898 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GILES K KEMP | ContributingManagerNm |
| Contributing Manager | BARBARA G KEMP | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| METROPOLITAN OPERA | |||||||
| 30 LINCOLN CENTER OLAZA | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | SUPPORT | $50,000 |
| SWARTHMORE COLLEGE | |||||||
| 500 COLLEGE AVENUE | SWARTHMORE | PA | 19081 | NONE | PUBLIC CHARITY | SUPPORT | $1,500,000 |
| THRU K-1 SOFT SURROUNDINGS HOLDINGS II LLC | |||||||
| 1155 BROKEN SOUND PARKWAY A | BOCA RATON | FL | 33487 | NONE | PUBLIC CHARITY | SUPPORT | $705 |
| THRU K-1 SOFT SURROUNDINGS HOLDINGS LLC | |||||||
| 1100 N LINDBERGH | ST LOUIS | MO | 63132 | NONE | PUBLIC CHARITY | SUPPORT | $1,787 |
| YALE UNIVERSITY | |||||||
| PO BOX 2038 | NEW HAVEN | CT | 06520 | NONE | PUBLIC CHARITY | SUPPORT | $16,200 |
| FOUR BLOCK FOUNDATION INC | |||||||
| 230 PARK AVENUE 29TH FLOOR | NEW YORK | NY | 12106 | NONE | PUBLIC CHARITY | SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,578,692 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,957 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $68,393 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $292,379 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionAmt |
|---|---|---|---|
| SOFT SURROUNDINGS HOLDINGS LLC | 448000 | -$132,013 | |
| LEFFLER HOME LLC | 448000 | -$20,427 | |
| SOFT SURROUNDINGS HOLDINGS II LLC | 448000 | -$7,805 | |
| PACIFICEMPRISE LLC | 448000 | $22,784 | |
| OTHER INCOME | $7,039 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$137,461 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $369,768 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $232,307 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $37,798 | Amt |
| Net Investment Income | $18,899 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $18,899 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| JPMORGAN CHASE-7002 | AT COST | $2,162,988 | $2,242,995 |
| JPMORGAN CHASE-6002 | AT COST | $684,019 | $737,456 |
| LEFFLER HOME | AT COST | $397,237 | $200,000 |
| SOFT SURROUNDINGS HOLDINGS II LLC | AT COST | $394,605 | $700,000 |
| PACIFICEMPRISE LLC | AT COST | $122,543 | $100,000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN RECEIVABLE | Desc |
| BOY Book Value | $30,000 | BOYBookValueAmt |
| EOY Book Value | $52,574 | EOYBookValueAmt |
| EOYFMV | $52,574 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES AND FEES | $11,887 | $11,887 | $0 |
| THRU K-1 PACIFICEMPRISE LLC - NON DEDUCTIBLE | $123 | $0 | $0 |
| THRU K-1 SOFT SURROUNDINGS LLC-NON DEDUCTIBLE | $6,136 | $0 | $0 |
| THRU K-1 SOFT SURROUNDINGS LLC-EXCESS BUSINESS INTEREST DEDUCTIONS | $115,243 | $0 | $0 |
| THRU K-1 LEFFLER HOME LLC - NON DEDUCTIBLE | $38 | $0 | $0 |
| THRU K-1 SOFT SURROUNDINGS II LLC-NON DEDUCTIBLE | $626 | $0 | $0 |
| BOARD MEETING EXPENSE | $1,303 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| SOFT SURROUNDINGS HOLDINGS LLC | -$132,013 | $0 | -$132,013 |
| LEFFLER HOME LLC | -$20,427 | $0 | -$20,427 |
| SOFT SURROUNDINGS HOLDINGS II LLC | -$7,805 | $0 | -$7,805 |
| PACIFICEMPRISE LLC | $22,784 | $0 | $22,784 |
| OTHER INCOME | $7,039 | $7,039 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SOFT SURROUNDINGS HOLDINGS LLC | $267,593 | $526,374 |
| OVERDRAWN ACCOUNTS | $0 | $973,661 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAXES PAID | $3,287 | $0 | $0 |
| EXCISE TAX P | $20,374 | $0 | $0 |
Comments