DEFINE AND MUHTAR KENT EDUCATIONAL FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- DEFINE AND MUHTAR KENT EDUCATIONAL FOUNDATION (EIN 45-2735138)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-30
- IRS object ID
- 201803039349100425
- Schema version
- 2017v2.3
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-30T13:07:49-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452735138 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Defne and Muhtar Kent Educational Foundation | BusinessNameLine1Txt |
| Business Name Line2 | Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DEFN | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MUHTAR KENT | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2018-10-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520183035000013 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-10-30 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 54CCAE8F7BC02385263C2CCCA723B6609AD4C170 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 259C731B7C7CCB55DA46458F0098BC0D5A2501CB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $14,074,523 | 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 | $5,501,190 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $375 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $375 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $340,480 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $340,480 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $39,082 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $379,113 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $55,383 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$198 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$198 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,880,929 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $396,040 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,933 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,933 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $10,070 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,649 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,421 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,100 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $9,993 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $9,993 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $29,885 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $188 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $29,697 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $53,981 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,837 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $47,044 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $252,043 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $252,043 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $306,024 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,837 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $299,087 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,574,905 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $391,203 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $71,245 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $269,858 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $269,858 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,567,141 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,943,433 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,804,665 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $7,638,386 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,213,291 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,074,523 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $7,638,386 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,213,291 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,638,386 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,213,291 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,638,386 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,213,291 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,638,386 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,574,905 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,213,291 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,213,291 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $379,113 | GrossSalesPriceAmt |
| Cost Or Other Basis | $323,730 | CostOrOtherBasisAmt |
| Gain Or Loss | $55,383 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $55,383 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $55,383 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $188,130 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,579,374 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.072936 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $164,237 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,281,799 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.12813 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $89,735 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,172,839 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.076511 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $34,922 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $814,431 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042879 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $49,917 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $545,287 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.091543 | DistributionYr5Rt |
| Total Distribution | 0.411999 | TotalDistributionRt |
| Average Distribution | 0.0824 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $10,369,443 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $854,442 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,912 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $858,354 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $299,087 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,824 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,824 | SubtotalAmt |
| Tax Based On Investment Income | $7,824 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,152 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $5,868 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $8,020 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $196 | OverpaymentAmt |
| Applied To ES Tax | $196 | 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 |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | TU | ForeignCountryCd |
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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Cem Omer Kent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Defne Kent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| Muhtar Kent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir | 1.0 | $0 | $0 | $0 |
| Selin Ipek Kent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,435,549 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $91,804 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,527,353 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,527,353 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $157,910 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,369,443 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $518,472 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $518,472 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,824 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,824 | TotalTaxAmt |
| Distributable Before Adj | $510,648 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $510,648 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $510,648 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $299,087 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $299,087 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $299,087 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $510,648 | DistributableAsAdjustedAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $23,303 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $33,417 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $103,567 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $60,904 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $221,191 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $299,087 | QualifyingDistributionsAmt |
| Applied To Current Year | $299,087 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $211,561 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $211,561 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,630 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $9,630 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $9,630 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Defne Kent | ContributingManagerNm |
| Contributing Manager | Muhtar Kent | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 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 | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D Su Ozer | |||||||||||||
| BERKLEE COLLEGE OF MUSIC INC | 1140 BOYLSTON ST | BOSTON | MA | 02215 | NONE | I | Scholarship gRANT | $22,500 | |||||
| B Guldur | |||||||||||||
| CORNELL UNIVERSITY | PO BOX 752 | ITHACA | NY | 14851 | NONE | I | Scholarship gRANT | $30,000 | |||||
| E Sekkin | |||||||||||||
| CORNELL UNIVERSITY | PO BOX 752 | ITHACA | NY | 14851 | NONE | I | Scholarship gRANT | $20,000 | |||||
| P Eylem Guzelocak | |||||||||||||
| CORNELL UNIVERSITY | PO BOX 752 | ITHACA | NY | 14851 | NONE | I | ScholarsHIP gRANT | $15,000 | |||||
| S Nil Yilmaz | |||||||||||||
| DENISON UNIVERSITY | PO BOX F | GRANVILLE | OH | 43023 | NONE | I | Scholarship gRANT | $30,000 | |||||
| M Gezgin | |||||||||||||
| MICHIGAN STATE UNIVERSITY | 556 E CIR DR RM 252 | EAST LANSING | MI | 48824 | NONE | I | Scholarship Grant | $30,000 | |||||
| U Yaz | |||||||||||||
| NYU STERN SCHOOL OF BUSINESS | 726 BROADWAY - 2ND FL | NEW YORK | NY | 10003 | NONE | I | Scholarship grant | $20,000 | |||||
| B Ergor | |||||||||||||
| NORTHWESTERN UNIVERSITY | 1201 DAVIS ST 3RD FL | EVANSTON | IL | 60208 | NONE | I | Scholarship grant | $30,000 | |||||
| THE CITY UNIVERSITY | |||||||||||||
| N/A | GOV | Cass Business Schools Defne and Muhtar Kent Educational Foundation, Inc. Prize in Entrepreneurship | $4,543 | NORTHAMPTON SQ | CLERKENWELL | LONDON | UK | EC1V OHB | |||||
| D Guzel | |||||||||||||
| UNIVERSITY OF PENNSYLVANIA | 100 FRANKLIN BLDG 3451 WALNUT ST | PHILADELPHIA | PA | 19104 | NONE | I | Scholarship Grant | $20,000 | |||||
| S Akay | |||||||||||||
| UNIVERSITY OF PENNSYLVANIA | 100 FRANKLIN BLDG 3451 WALNUT ST | PHILADELPHIA | PA | 19104 | NONE | I | Scholarship Grant | $30,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $252,043 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $375 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $340,480 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $39,082 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY LOSS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$198 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $379,739 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $379,739 | 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 | Kent Muhtar | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Coca-Cola Plaza NW | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30313 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,501,190 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | THE COCA-COLA CO KO, 120508 sh. | NoncashPropertyDesc |
| Fair Market Value | $5,501,190 | FairMarketValueAmt |
| Received | 2017-08-10 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Amt | $1,933 | Amt |
| Disbursements Charitable Prps | $1,933 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CONESTOGA SMALL CAP INST | $6,250 | $7,316 |
| ISHARES S&P 500 INDEX FD | $57,143 | $74,203 |
| ISHARES TRUST RUSSELL 1000 GRO | $28,222 | $42,424 |
| DODGE & COX STOCK | $53,522 | $65,306 |
| DIAMOND HILL SMALL CAP FUND CL | $11,602 | $12,229 |
| KINETICS MUT FDS THE PARADIGM | $16,363 | $25,058 |
| ABERDEEN EMERGING MARKETS INST | $7,002 | $9,788 |
| NEW PERSPECTIVE FUND, CLASS F | $27,606 | $33,316 |
| VERSUS CAPITAL REAL ASSETS FUN | $23,738 | $23,872 |
| FPA CRESCENT PORTFOLIO | $30,589 | $33,854 |
| THE JENSEN PORTFOLIO INC CLASS | $40,476 | $50,063 |
| PIMCO REAL RETURN BOND INSTL | $13,997 | $14,474 |
| JP MORGAN STRATEGIC INCOME OPP | $15,025 | $15,645 |
| VERSUS CAPITAL MULTI MNGR REAL | $52,506 | $52,884 |
| TWEEDY BROWNE GLOBAL VALUE FUN | $51,369 | $56,692 |
| DODGE & COX INCOME FUND | $27,259 | $27,753 |
| VANGUARD DIVIDEND GROWTH FD | $55,768 | $65,531 |
| IVA WORLDWIDE FUND CLASS I | $41,267 | $46,778 |
| VANGUARD TOTAL BOND MARKET IND | $27,532 | $27,362 |
| FPA NEW INCOME FUND CLASS A | $32,644 | $32,299 |
| JOHN HANCOCK FDS II GL ABSRTR | $33,132 | $34,860 |
| THE ARBITRAGE FUND CLASS I | $47,238 | $47,365 |
| AQR MANAGED FUTURES FUND CL I | $50,546 | $44,672 |
| BAIRD CORE PLUS BD FD INSTI CL | $53,848 | $54,876 |
| THE COCA-COLA CO | $12,138,789 | $12,906,045 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $28,036 | $28,036 | |
| Bank Charges | $188 | $188 | |
| Indemnification Insurance | $1,168 | $1,168 | |
| Office Supplies | $463 | $463 | |
| State or Local Filing Fees | $30 | $30 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Foreign Currency Loss | Desc |
| Revenue And Expenses Per Books | -$198 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$198 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $4,649 | $4,649 | |
| TRANSLATION FEES | $361 | $361 | |
| Website Development | $5,060 | $5,060 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2017 | CategoryTxt |
| Amt | $2,100 | Amt |
Comments