WALTER & JEAN KALBERER FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
WALTER & JEAN KALBERER FOUNDATION (EIN 34-1817179)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-05
IRS object ID
201933099349100208
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-05T07:44:19-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Phone4404233420PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11259 WEST HILL DRIVEAddressLine1Txt
CityGATES MILLSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44040ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJean C KalbererPersonNm
Person TitleTrusteePersonTitleTxt
Signature2019-11-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHUGH J MORGANPreparerPersonNm
PTINP01223082PTIN
Phone2166428604PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,273,976FMVAssetsEOYAmt
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$49InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$49InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$49InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,207DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,207DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,207DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,789NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$222,586GrossSalesPriceAmt
Total Rev And Expnss$17,467TotalRevAndExpnssAmt
Total Net Invst Incm$22,256TotalNetInvstIncmAmt
Total Adj Net Incm$22,256TotalAdjNetIncmAmt
Interest Rev And Expnss$127InterestRevAndExpnssAmt
Interest Net Invst Incm$127InterestNetInvstIncmAmt
Other Expenses Rev And Expnss$3,200OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$2,200OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,327TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$127TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,200TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$228,630ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$228,630ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$231,957TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$127TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$230,830TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$214,490ExcessRevenueOverExpensesAmt
Net Investment Income$22,129NetInvestmentIncomeAmt
Adjusted Net Income$22,256AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$4,888SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$54,727SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$54,727SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$903,327CorporateStockBOYAmt
Corporate Stock EOY$619,821CorporateStockEOYAmt
Corporate Stock EOYFMV$3,167,302CorporateStockEOYFMVAmt
Other Assets BOY$903,327OtherAssetsBOYAmt
Other Assets EOY$903,327OtherAssetsEOYAmt
Other Assets EOYFMV$1,051,947OtherAssetsEOYFMVAmt
Total Assets BOY$1,811,542TotalAssetsBOYAmt
Total Assets EOY$1,577,875TotalAssetsEOYAmt
Total Assets EOYFMV$4,273,976TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$1,811,542CapitalStockBOYAmt
Capital Stock EOY$1,577,875CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$1,811,542TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,577,875TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,811,542TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,577,875TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,811,542TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$214,490ExcessRevenueOverExpensesAmt
Subtotal$1,597,052SubtotalAmt
Other Decreases$19,177OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,577,875TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property1690 SHS FACEBOOKPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2017-02-08AcquiredDt
Sold2018-11-20SoldDt
Gross Sales Price$222,586GrossSalesPriceAmt
Cost Or Other Basis$227,375CostOrOtherBasisAmt
Gain Or Loss-$4,789GainOrLossAmt
Gains Minus Excess Or Losses-$4,789GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$4,789CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$205,461AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$3,452,474NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05951DistributionYr1Rt
Adjusted Qlfy Distri Yr2$66,200AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,844,101NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.02328DistributionYr2Rt
Adjusted Qlfy Distri Yr3$295,017AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,272,784NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.23179DistributionYr3Rt
Adjusted Qlfy Distri Yr4$831,651AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$2,638,770NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.31517DistributionYr4Rt
Adjusted Qlfy Distri Yr5$671,809AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,147,392NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.31285DistributionYr5Rt
Total Distribution0.942591TotalDistributionRt
Average Distribution0.188518AverageDistributionRt
Net Vl Noncharitable Assets$3,500,207NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$659,852AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$221NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$660,073AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$230,830QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$443InvestmentIncomeExciseTaxAmt
Subtotal$443SubtotalAmt
Tax Based On Investment Income$443TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$523EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$523TotalPaymentsAndCreditsAmt
Overpayment$80OverpaymentAmt
Applied To ES Tax$80AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
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)
Phone4404233420PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11259 WEST HILL DRIVEAddressLine1Txt
CityGATES MILLSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44040ZIPCd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
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
6777 GATES MILLS BLVDGATES 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$3,544,572AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,938AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,553,510TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,553,510AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$53,303CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,500,207NetVlNoncharitableAssetsAmt
Minimum Investment Return$175,010MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$175,010MinimumInvestmentReturnAmt
Tax Based On Investment Income$443TaxBasedOnInvestmentIncomeAmt
Total Tax$443TotalTaxAmt
Distributable Before Adj$174,567DistributableBeforeAdjAmt
Distributable Before Ded$174,567DistributableBeforeDedAmt
Distributable As Adjusted$174,567DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$230,830ExpensesAndContributionsAmt
Qualifying Distributions$230,830QualifyingDistributionsAmt
Adjusted Qualifying Distri$230,830AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$174,567DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$566,685ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$712,484ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$231,764ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$35,480ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,546,413TotalExcessDistributionCyovAmt
Qualifying Distributions$230,830QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$174,567AppliedToCurrentYearAmt
Remaining Distri From Corpus$56,263RemainingDistriFromCorpusAmt
Total Corpus$1,602,676TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$566,685ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,035,991ExcessDistriCyovToNextYrAmt
Excess From Year4$712,484ExcessFromYear4Amt
Excess From Year3$231,764ExcessFromYear3Amt
Excess From Year1$35,480ExcessFromYear1Amt
Excess From Current Year$56,263ExcessFromCurrentYearAmt

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 (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CLEVELAND PLAYHOUSE
PLAYHOUSE SQUARECLEVELANDOH44114NONEPCANNUAL FUND$100,000
IDEASTREAM
1375 EUCLID AVECLEVELANDOH44115NONE501 C3FOSTERING COLLABORATION$58,000
MUSICAL ARTS ASSCIATION
11001 EUCLID AVECLEVELANDOH44106NONEPCANNUAL FUND$25,777
CLEVELAND PLAYHOUSE
PLAYHOUSE SQUARECLEVELANDOH44114NONEANNUAL FUND$44,853
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$228,630TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$49ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$22,207ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$4,789ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$17,467ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,467TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCOMMON STOCKSStockNm
EOY Book Value$619,821EOYBookValueAmt
EOYFMV$3,167,302EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
CSV Life Insurance$903,327$903,327
JOHN HANCOCK$1,036,240
NORTH AMERICAN$7,676
NYL$8,031

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescOTHERDesc
Amt$19,177Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ESTIMATED TAXES$3,000$2,000
STATE REGISTRATION FEES$200$200

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.