RITA BARBOUR KERN FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RITA BARBOUR KERN FOUNDATION (EIN 46-4475109)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-13
- IRS object ID
- 201941339349101454
- 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
- Schedule B
- Expln Of Non Filing With AG Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T08:17:45-07:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 344404967 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eastman & Smith Ltd | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10032 | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 436990032 | 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 | 464475109 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rita Barbour Kern Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RITA | BusinessNameControlTxt |
| Phone | 4192471679 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David C Krock | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2019-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David C Krock | PreparerPersonNm |
| PTIN | P00849569 | PTIN |
| Phone | 4192416000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,411,986 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $850,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $364 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $364 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $112,288 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $111,097 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $49,311 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $829,200 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $49,419 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,011,963 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $160,880 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $30,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $10,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $20,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $18,977 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,000 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,977 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $34,017 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $34,017 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,770 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,770 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $317 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $317 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $87,081 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $51,787 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $35,294 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $200,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $200,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $287,081 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $51,787 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $235,294 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $724,882 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $109,093 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $481,629 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $958,064 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $958,064 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,257,214 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,409,764 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,503,140 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $909,362 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,004,775 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $950,782 | CorporateBondsEOYFMVAmt |
| Other Assets EOY | $3,140 | OtherAssetsEOYAmt |
| Total Assets BOY | $3,648,205 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,375,743 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,411,986 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $3,648,205 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,375,743 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,648,205 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,375,743 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,648,205 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,375,743 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,648,205 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $724,882 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,656 | OtherIncreasesAmt |
| Subtotal | $4,375,743 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,375,743 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 817 SH ISHARES 7-10 | P | 2018-02-23 | 2018-12-17 | $84,052 | $83,464 | $588 | $588 |
| 52 SH ISHARES JP MORGAN | P | 2018-02-23 | 2018-06-22 | $5,584 | $5,861 | -$277 | -$277 |
| 1,380 SH ISHARES US TREASURY | P | 2017-04-03 | 2018-01-19 | $34,251 | $34,652 | -$401 | -$401 |
| 2,606 SH ISHARES US TREASURY | P | 2017-04-03 | 2018-02-23 | $63,846 | $65,944 | -$2,098 | -$2,098 |
| 243 SH ISHARES US TREASURY | P | 2017-09-22 | 2018-08-20 | $5,987 | $6,155 | -$168 | -$168 |
| 1,107 SH ISHARES US TREASURY | P | 2017-04-03 | 2018-09-21 | $26,902 | $28,020 | -$1,118 | -$1,118 |
| 3,302 SH PIMCO ENHANCED SHORT MATURITY | P | 2018-06-22 | 2018-11-09 | $79,580 | $81,064 | -$1,484 | -$1,484 |
| 786 SH PIMCO ENHANCED SHORT | P | 2018-09-21 | 2018-08-29 | $79,645 | $79,873 | -$228 | -$228 |
| 262 SH ISHARES IBOXX | P | 2017-02-27 | 2018-08-31 | $29,726 | $31,076 | -$1,350 | -$1,350 |
| 246 SH ISHARES MSCI EAFE | P | 2016-01-21 | 2018-08-20 | $16,429 | $13,012 | $3,417 | $3,417 |
| 278 SH ISHARES CORE S&P | P | 2016-07-22 | 2018-07-20 | $24,155 | $16,939 | $7,216 | $7,216 |
| 475 SH ISHARES JP MORGAN | P | 2016-09-23 | 2018-06-22 | $51,005 | $55,049 | -$4,044 | -$4,044 |
| 263 SH ISHARES BROAD USD INVESTMENT | P | 2016-09-23 | 2018-08-20 | $14,220 | $14,956 | -$736 | -$736 |
| 373 SH ISHARES US TREASURY | P | 2018-01-03 | 2018-09-21 | $9,065 | $9,450 | -$385 | -$385 |
| 343 SH ISHARES CORE MSCI EAFE | P | 2017-02-27 | 2018-08-20 | $21,598 | $19,290 | $2,308 | $2,308 |
| 581 SH ISHARES CORE MSCI EM | P | 2016-07-22 | 2018-07-03 | $30,322 | $25,343 | $4,979 | $4,979 |
| 215 SH SPDR BLOOMBERG | P | 2016-07-22 | 2018-08-20 | $7,721 | $7,813 | -$92 | -$92 |
| 2,947 SH VANECK VCTOR | P | 2016-08-03 | 2018-02-23 | $57,702 | $53,189 | $4,513 | $4,513 |
| 551 SH VANGUARD TOTAL WORLD | P | 2017-03-24 | 2018-07-20 | $41,286 | $35,933 | $5,353 | $5,353 |
| 95 SH VANGUARD MID-CAP | P | 2016-07-22 | 2018-08-20 | $15,544 | $12,234 | $3,310 | $3,310 |
| 523 SH VANGUARD GROWTH | P | 2016-07-22 | 2018-02-05 | $78,729 | $58,402 | $20,327 | $20,327 |
| 480 SH VANGUARD VALUE ETF | P | 2016-07-22 | 2018-02-05 | $51,851 | $42,170 | $9,681 | $9,681 |
| Wash Sale | $108 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $49,419 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,345 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,182 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,182 | SubtotalAmt |
| Tax Based On Investment Income | $2,182 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,144 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,144 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $2,962 | OverpaymentAmt |
| Applied To ES Tax | $2,962 | AppliedToESTaxAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David C Krock | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4192471679 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate 24th Floor | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Nan L Wallace | ||||||
| 337 Hillside Drive | Rossford | OH | 43460 | Trustee | 0.50 | $5,000 |
| Roger Berkowitz | ||||||
| 3000 Galloway Ridge Apt C000 | Pittsboro | NC | 27231 | Trustee | 0.50 | $5,000 |
| David C Krock | ||||||
| 3039 Sugar Ridge Road | Pemberville | OH | 43450 | Trustee | 1.00 | $5,000 |
| Nancy E Hibbert | ||||||
| 1611 River Road | Maumee | OH | 43537 | Trustee | 1.00 | $5,000 |
| Carolyn M Putney | ||||||
| 4343 W Bancroft Street 3B | Toledo | OH | 43615 | Trustee | 0.50 | $5,000 |
| Phyllis B Morton | ||||||
| 37 Meadowpond Drive | Perrysburg | OH | 43551 | Trustee | 0.50 | $5,000 |
| 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 | N/A no direct charitable activities | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,576,713 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $191,389 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,768,102 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,768,102 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,522 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,711,580 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $185,579 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $185,579 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,182 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,182 | TotalTaxAmt |
| Distributable Before Adj | $183,397 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $183,397 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $183,397 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $235,294 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $235,294 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $235,294 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $183,397 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $62,407 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $62,407 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $235,294 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $183,397 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $51,897 | RemainingDistriFromCorpusAmt |
| Total Corpus | $114,304 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $114,304 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $62,407 | ExcessFromYear2Amt |
| Excess From Current Year | $51,897 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Toledo Museum of Art | ||||||
| 2445 Monroe Street | Toledo | OH | 43620 | PC | Gift to qualified charitable organization pursuant to the terms of the Foundation | $140,000 |
| Toledo Orchestra Association | ||||||
| 1838 Parkwood Avenue | Toledo | OH | 43697 | PC | Gift to qualified charitable organization pursuant to the terms of the Foundation | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $200,000 | 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 | $364 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $112,288 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $49,311 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $161,963 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $161,963 | 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 Person | Rita B Kern Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate 24th Floor | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $850,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | In lieu of furnishing a copy of FORM 990-PF, the foundation files an annual charitable report with the office of the Ohio Attorney General under the Ohio Charitable Trust Act. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $18,977 | LegalFeesAmt |
| Net Investment Income | $4,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $14,977 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal Excise Tax Refund | Desc |
| EOY Book Value | $3,140 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Misc. exp. | $117 | $117 |
| Treasurer State of Ohio Filing Fee | $200 | $200 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Brokerage account statment adjustment | Desc |
| Amt | $2,656 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| First Quarter UBS Advisory | $8,688 | $8,688 | $0 | $0 |
| Fourth Quarter UBS Advisory | $8,471 | $8,471 | $0 | $0 |
| Refund pro-rated fees | $603 | -$603 | $0 | $0 |
| Second Quarter UBS Advisory | $8,733 | $8,733 | $0 | $0 |
| Third Quarter UBS Advisory | $8,728 | $8,728 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Excise Tax-2017 | $5,144 | |
| Federal Excise Tax-Estimate | $5,144 | |
| Foreign Tax withheld | $3,770 | $3,770 |
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