KIMSEY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- KIMSEY FOUNDATION (EIN 52-2007895)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-08
- IRS object ID
- 201713129349101161
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-08T14:51:50-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Virchow Krause LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8219 Leesburg Pike Suite 800 | AddressLine1Txt |
| City | Tysons | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22182 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522007895 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIMSEY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIMS | BusinessNameControlTxt |
| Phone | 2023671037 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 PENNSYLVANIA AVE NW No 900 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark J Kimsey | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2023671037 | PhoneNum |
| Signature | 2017-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robert Hottle | PreparerPersonNm |
| PTIN | P00632650 | PTIN |
| Phone | 7039238300 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,129,285 | 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 | $200 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $100,827 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $100,827 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $164,834 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $164,834 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $195,932 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,756,821 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $195,932 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,273 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $475,066 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $461,593 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $37,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $37,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $271,597 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $24,281 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $247,316 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $83,736 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $83,736 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,253 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,253 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,050 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,525 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,525 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $1,466 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,466 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,572 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,572 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $170,861 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $170,861 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $20,409 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $20,409 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $115,645 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $79,826 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $35,770 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $725,089 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $115,670 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $605,370 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $571,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $571,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,296,389 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $115,670 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,176,670 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$821,323 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $345,923 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $320,298 | CashBOYAmt |
| Cash EOY | $160,404 | CashEOYAmt |
| Cash EOYFMV | $160,404 | CashEOYFMVAmt |
| Other Investments BOY | $16,029,547 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,968,881 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,968,881 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,349,845 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,129,285 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,129,285 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,420 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $225,844 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,420 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $225,844 | 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 | $16,348,425 | RetainedEarningBOYAmt |
| Retained Earning EOY | $15,903,441 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,348,425 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,903,441 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,349,845 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,129,285 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,348,425 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$821,323 | ExcessRevenueOverExpensesAmt |
| Other Increases | $376,339 | OtherIncreasesAmt |
| Subtotal | $15,903,441 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,903,441 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| CHARLES SCWAB - MARKETABLE EQUITY SECURITIES | P | $1,678,509 | $1,560,889 | $117,620 | $117,620 |
| RAMSEY LONG-BIASED FUND, LP | P | $78,312 | $78,312 | $78,312 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $195,932 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,280,693 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,119,704 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.074808 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,114,611 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,373,291 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.064157 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,257,991 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $15,888,579 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.079176 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,183,993 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $16,031,688 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.073853 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,203,876 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $16,218,751 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.074227 | DistributionYr5Rt |
| Total Distribution | 0.366221 | TotalDistributionRt |
| Average Distribution | 0.073244 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $16,085,008 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,178,130 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,459 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,181,589 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,176,670 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,918 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,918 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,918 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $11,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $15,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $8,082 | OverpaymentAmt |
| Applied To ES Tax | $6,920 | AppliedToESTaxAmt |
| Refund | $1,162 | RefundAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | VA | 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 | WWW.KIMSEYFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | The Office of James V Kimsey | IndividualWithBooksNm |
| Phone | 2027850307 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 PENNSYLVANIA AVE NW SUITE 900 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL P KIMSEY | |||||||||
| 1700 Pennsylvania Avenue NW Suite | 900 | washington | DC | 20006 | PRESIDENT | 20.00 | $37,500 | $21,977 | $0 |
| RAYMOND C KIMSEY | |||||||||
| 1700 Pennsylvania Avenue NW Suite | 900 | washington | DC | 20006 | SECRETARY | 20.00 | $0 | $14,138 | $0 |
| MARK J KIMSEY | |||||||||
| 1700 Pennsylvania Avenue NW Suite | 900 | washington | DC | 20006 | TREASURER | 20.00 | $0 | $15,052 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|---|
| MARK CHASE | |||||||||
| 1700 PENNSYLVANIA AVENUE NW SUITE | 900 | WASHINGTON | DC | 20006 | EMPLOYEE | 30.00 | $169,582 | $15,645 | $0 |
| BRIE HYTOVITZ | |||||||||
| 1700 PENNSYLVANIA AVENUE NW SUITE | 900 | WASHINGTON | DC | 20006 | EMPLOYEE | 35.00 | $63,634 | $5,614 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $13,332,160 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $210,616 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,787,181 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,329,957 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,329,957 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $244,949 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,085,008 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $804,250 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $804,250 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,918 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,918 | TotalTaxAmt |
| Distributable Before Adj | $797,332 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $797,332 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $797,332 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,176,670 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,176,670 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,176,670 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $797,332 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $417,424 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $410,236 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $468,269 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $262,713 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $427,406 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,986,048 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,176,670 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $797,332 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $379,338 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,365,386 | 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 | $417,424 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,947,962 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $410,236 | ExcessFromYear4Amt |
| Excess From Year3 | $468,269 | ExcessFromYear3Amt |
| Excess From Year2 | $262,713 | ExcessFromYear2Amt |
| Excess From Year1 | $427,406 | ExcessFromYear1Amt |
| Excess From Current Year | $379,338 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| 826DC | ||||||
| 3233 14th Street NW | Washington | DC | 20010 | Public Charity | General Operating | $50,000 |
| AMERICAN VETERANS CENTER | ||||||
| 1100 NORTH GLEBE ROAD STE 910 | ARLINGTON | VA | 22201 | public Charity | General Operating | $5,000 |
| Cathedral of St Matthew the Apostle | ||||||
| 1725 Rhode Island Ave NW | Washington | DC | 20036 | public Charity | General Operating | $5,000 |
| Chess Challenge in DC | ||||||
| 5185 MacArthur Blvd NW 620 | Washington | DC | 20016 | public Charity | General Operating | $5,000 |
| DC CHildren and Youth Investment TRust | ||||||
| 1400 16th Street NW Suite 500 | Washington | DC | 20036 | public Charity | General Operating | $20,000 |
| DREAMS FOR KIDS DC | ||||||
| 1420 N St NW Unit 812 | WASHINGTON | DC | 20005 | Public Charity | GENERAL OPERATING | $5,000 |
| Ebeautycom | ||||||
| 1350 Eye St NW | WASHINGTON | DC | 20005 | Public Charity | GENERAL OPERATING | $1,000 |
| Education Design Lab | ||||||
| 1200 18th St NW Ste 710 | WASHINGTON | DC | 20036 | Public Charity | GENERAL OPERATING | $50,000 |
| Education Plus 2 | ||||||
| 1830 16th St NW Apt 1 | WASHINGTON | DC | 20009 | Public Charity | GENERAL OPERATING | $10,000 |
| FAIR CHANCE | ||||||
| 733 15th Street NW Ste 440 | Washington | DC | 20005 | Public Charity | General Operating | $155,000 |
| Fight for Children | ||||||
| 1029 Vermont Avenue NW Ste 300 | WASHINGTON | DC | 20005 | Public Charity | GENERAL OPERATING | $1,050 |
| LearnServe International | ||||||
| Box 6203 | Washington | DC | 20015 | Public Charity | General Operating | $25,000 |
| Life With Cancer | ||||||
| 8411 Pennell Street | Fairfax | VA | 22031 | Public Charity | General Operating | $25,000 |
| McLean Project for the Arts | ||||||
| 1234 Ingleside Avenue | MCLEAN | VA | 22101 | public Charity | General Operating | $750 |
| Potomac Community Resources Inc | ||||||
| 9200 Kentsdale Drive | POTOMAC | MD | 20854 | Public Charity | GENERAL OPERATING | $2,500 |
| SIBLEY MEMORIAL HOSPITAL FOUNDATION | ||||||
| 5255 Loughboro Road NW | Washington | DC | 20016 | Public Charity | General Operating | $50,000 |
| Spinal Cord Tumor Association | ||||||
| PO Box 461 | JAY | FL | 32565 | Public Charity | GENERAL OPERATING | $2,500 |
| Sublimitas | ||||||
| PO Box 1299 | NEW YORK | NY | 10150 | Public Charity | General Operating | $1,000 |
| THE ASPEN INSTITUTE | ||||||
| 1 Dupont Circle NW 700 | Washington | DC | 200361133 | Public Charity | General Operating | $100,000 |
| THE ASPEN MUSIC FESTIVAL AND SCHOOL | ||||||
| 225 MUSIC SCHOOL ROAD | ASPEN | CO | 81611 | Public Charity | General Operating | $25,000 |
| The Kingsbury Center | ||||||
| 5000 14th St NW | Washington | DC | 20011 | Public Charity | General Operating | $10,000 |
| The Potomac School | ||||||
| 1301 Potomac School Rd | MCLEAN | VA | 22101 | Public Charity | GENERAL OPERATING | $5,000 |
| THE WEST POINT ASSOCIATION OF GRADUATES | ||||||
| United States Military Academy | West Point | NY | 10996 | Public Charity | General Operating | $5,000 |
| TRAINING GROUNDS | ||||||
| 3526 Stanton Road SE | WASHington | DC | 20020 | Public Charity | GENERAL OPERATING | $5,000 |
| Washington Nationals Dream Foundation | ||||||
| 1500 South Capitol Street SE | WAshington | DC | 20003 | Public Charity | GENERAL OPERATING | $2,500 |
| Woodland Tigers Youth Sports and Educational Program | ||||||
| 2315 Ainger Pl SE | WAshington | DC | 20020 | Public Charity | GENERAL OPERATING | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $571,300 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIBLEY MEMORIAL HOSPITAL FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5255 Loughboro Road NW | AddressLine1Txt |
| City | WASHIngton | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | Public Charity | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General Operating | GrantOrContributionPurposeTxt |
| Amt | $250,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $250,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $100,827 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $164,834 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $195,932 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2015 FEDERAL TAX REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $13,273 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $474,866 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $474,866 | 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 | TAX & ACCOUNTING FEES | CategoryTxt |
| Amt | $15,050 | Amt |
| Net Investment Income | $7,525 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,525 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RAMSEY LONG-BIASED FUND, LP | FMV | $1,435,792 | $1,435,792 |
| Investment Accounts | FMV | $13,217,246 | $13,217,246 |
| Greycroft Growth Fund | FMV | $1,241,150 | $1,241,150 |
| RAINE PARTNERS II | FMV | $59,052 | $59,052 |
| DUE FROM JVK ESTATE | FMV | $15,641 | $15,641 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,253 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,253 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,576 | $0 | $2,576 |
| WEB MAINTENANCE | $75 | $0 | $75 |
| INVESTMENT MANAGEMENT FEES | $8,736 | $8,736 | $0 |
| PARTNERSHIP EXPENSES | $71,090 | $71,090 | $0 |
| TELEPHONE AND INTERNET | $8,580 | $0 | $8,580 |
| POSTAGE & DELIVERY | $454 | $0 | $454 |
| OFFICE SUPPLIES | $5,949 | $0 | $5,949 |
| COMPUTER SUPPORT | $11,145 | $0 | $11,145 |
| BANK AND SERVICE FEES | $1,949 | $0 | $1,949 |
| DUES AND SUBSCRIPTION | $4,200 | $0 | $4,200 |
| SECURITY | $842 | $0 | $842 |
| NON-DEDUCTIBLE EXPENSES FROM RAMSEY LONG-BIASED FUND, LP | $49 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2015 FEDERAL TAX REFUND | Desc |
| Revenue And Expenses Per Books | $13,273 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $13,273 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/(LOSS) | Desc |
| Amt | $376,339 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Employee 401(k) payable | $1,420 | $844 |
| CAPITAL CONTRIBUTION PAYABLE | $0 | $225,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Taxes | $2,572 | $2,572 | $0 |
| 2015 FEDERAL TAX OVERPAYMENT APPLIED TO 2016 | $4,000 | $0 | $0 |
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