THE ETHEL AND W GEORGE KENNEDY: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE ETHEL AND W GEORGE KENNEDY (EIN 59-6204880)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-09-06
- IRS object ID
- 201842499349100009
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-09-06T11:17:51-04:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 592110949 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KWAL & OLIVA PA CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 169 E FLAGLER STREET STE 800 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331311296 | 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 | 596204880 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ETHEL AND W GEORGE KENNEDY | BusinessNameLine1Txt |
| Business Name Line2 | FAMILY FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ETHE | BusinessNameControlTxt |
| Phone | 3056666226 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O KO 169 E FLAGLER ST STE 800 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331311296 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN KENNEDY-OLSEN | PersonNm |
| Person Title | DIR & SEC/TR | PersonTitleTxt |
| Phone | 3056666226 | PhoneNum |
| Signature | 2018-08-30 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD M KWAL CPA | PreparerPersonNm |
| PTIN | P00118433 | PTIN |
| Phone | 3055774333 | PhoneNum |
| Preparation | 2018-09-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $112,359 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $112,359 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $94,488 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,251,797 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $100,723 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $540 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $540 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $207,387 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $213,622 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $125,765 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $62,884 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $62,881 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,112 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,056 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,056 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,877 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $6,939 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,938 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $109,731 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $79,840 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $29,891 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $16,975 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,975 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $20,185 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $92 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,386 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $22,813 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $4,563 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $18,250 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25,461 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14,593 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,868 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $338,305 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $186,850 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $129,976 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,528,095 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,528,095 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,866,400 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $186,850 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,658,071 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,659,013 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $26,772 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,300,467 | CashBOYAmt |
| Prepaid Expenses BOY | $103,186 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $30,367,769 | CorporateStockBOYAmt |
| Land BOY | $7,621 | LandBOYAmt |
| Total Assets BOY | $31,779,043 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,025,897 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $1,025,897 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $30,753,146 | UnrestrictedBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $30,753,146 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,779,043 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $30,753,146 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,659,013 | ExcessRevenueOverExpensesAmt |
| Other Increases | $763,959 | OtherIncreasesAmt |
| Subtotal | $29,858,092 | SubtotalAmt |
| Other Decreases | $29,858,092 | OtherDecreasesAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SEE ATTACHED - CHARLES SCHWAB 1466 | P | 2017-01-31 | 2017-12-31 | $923,368 | $870,468 | $52,900 | $52,900 |
| SEE ATTACHED - CHARLES SCHWAB 1466 | P | 2016-01-31 | 2017-12-31 | $326,032 | $280,606 | $45,426 | $45,426 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $100,723 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $52,900 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,665,792 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $27,822,573 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.059872 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,513,123 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $26,806,367 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.056446 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,234,297 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $28,140,281 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.043862 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,219,328 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $27,026,404 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045116 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,199,136 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $25,059,986 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047851 | DistributionYr5Rt |
| Total Distribution | 0.253147 | TotalDistributionRt |
| Average Distribution | 0.050629 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $15,288,080 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $774,020 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $268 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $774,288 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,658,071 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $268 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $268 | SubtotalAmt |
| Tax Based On Investment Income | $268 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $19,732 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $19,732 | RefundAmt |
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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KATHLEEN KENNEDY-OLSEN | IndividualWithBooksNm |
| Phone | 3056666226 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6619 S DIXIE HIGHWAY STE 400 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33143 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| FORREST I MULCAHEY | ||||||||
| 38 CAROLIN RD | MONTCLAIR | NJ | 07043 | DIRECTOR | 5.50 | $11,375 | $0 | $0 |
| KARYN K HERTERICH | ||||||||
| P O BOX 689 | BLOWING ROCK | NC | 28605 | PRESIDENT | 7.50 | $17,000 | $0 | $0 |
| KATHLEEN KENNEDY-OLSEN | ||||||||
| 6619 SOUTH DIXIE HIGHWAY 383 | MIAMI | FL | 33143 | DIR & SEC/TR | 22.00 | $52,015 | $0 | $0 |
| KENDEL H KENNEDY | ||||||||
| 400 HAWSER LANE | NAPLES | FL | 34102 | DIR & V.P. | 7.50 | $17,000 | $0 | $0 |
| KIMBERLY B KENNEDY | ||||||||
| 349 BURGOYNE ROAD | SARATOGA | NY | 12866 | DIR & V.P. | 7.50 | $17,000 | $0 | $0 |
| MORGAN HERTERICH | ||||||||
| 635 WINDERMERE BLVD APT A | CHARLESTON | SC | 29407 | DIRECTOR | 5.50 | $11,375 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON-WILLY CONSULTING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1405 4TH AVENUE NW | AddressLine1Txt |
| City | ARDMORE | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | BOOKKEEPING SRV | ServiceTypeTxt |
| Compensation | $53,766 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,033,706 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,431,783 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $55,404 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,520,893 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $15,520,893 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $232,813 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,288,080 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $764,404 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $764,404 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $268 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $268 | TotalTaxAmt |
| Distributable Before Adj | $764,136 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $764,136 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $764,136 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,658,071 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,658,071 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $268 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,657,803 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $764,136 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $893,935 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,658,071 | QualifyingDistributionsAmt |
| Applied To Year1 | $893,935 | AppliedToYear1Amt |
| Applied To Current Year | $764,136 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | KENNEDY FAMILY FOUNDATION | RecipientPersonNm |
Recipient Foreign Address RecipientForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6619 SDIXIE HIGHWAY 400 | AddressLine1Txt |
| City | MIAMI | CityNm |
| Country | UV | CountryCd |
| Foreign Postal | 33143 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3056666226 | RecipientPhoneNum |
| Form And Info And Materials | CRITERIA, GUIDELINES AND APPLICATION PROCEDURAL DETAILS CAN BE PROVIDED UPON RECEIPT OF A LETTER OF INTRODUCTION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | CRITERIA, GUIDELINES AND APPLICATION PROCEDURAL DETAILS CAN BE PROVIDED UPON RECEIPT OF A LETTER OF | SubmissionDeadlinesTxt |
| Restrictions On Awards | CRITERIA, GUIDELINES AND APPLICATION PROCEDURAL DETAILS CAN BE PROVIDED UPON RECEIPT OF A LETTER OF INTRODUCTION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| KATHLEEN KENNEDY FOUNDATION | |||||||
| PO BOX 3015 | BOONE | NC | 28607 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2016 | $191,034 |
| THE KENNEDY HERTERICH FOUNDATION | |||||||
| PO BOX 675 | BLOWING ROCK | NC | 28605 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2016 | $191,034 |
| KENDEL H KENNEDY FOUNDATION | |||||||
| 400 HAWSER LANE | NAPLES | FL | 34102 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2016 | $191,034 |
| THE KIMBERLY BETH KENNEDY FAMILY FN | |||||||
| 349 BURGOYNE ROAD | SARATOGA | NY | 12866 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2016 | $191,034 |
| KATHLEEN KENNEDY FOUNDATION | |||||||
| PO BOX 3015 | BOONE | NC | 28607 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2017 | $190,990 |
| THE KENNEDY HERTERICH FOUNDATION | |||||||
| PO BOX 675 | BLOWING ROCK | NC | 28605 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2017 | $190,990 |
| KENDEL H KENNEDY FOUNDATION | |||||||
| 400 HAWSER LANE | NAPLES | FL | 34102 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2017 | $190,990 |
| THE KIMBERLY BETH KENNEDY FAMILY FN | |||||||
| 349 BURGOYNE ROAD | SARATOGA | NY | 12866 | RELATED | 501(C)(3) | UNDISTRIBUTED INCOME OF 2017 | $190,989 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,528,095 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,359 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $540 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $100,723 | ExclusionAmt |
| Related Or Exempt Function Incm | -$6,235 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $213,622 | ExclusionAmt |
| Related Or Exempt Function Incm | -$6,235 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $207,387 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING FEES | $49,949 | $49,949 | |
| BOOKKEEPING FEES | $59,782 | $29,891 | $29,891 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (12 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| COMPUTER SOFTWARE | 2002-05-09 | $1,022 | $1,022 | S/L | 3.0000 | |
| COMPUTER SOFTWARE | 2006-09-21 | $864 | $864 | S/L | 3.0000 | |
| BACK-UP SYSTEM PC SO | 2008-06-24 | $910 | $910 | S/L | 5.0000 | |
| IPADS | 2012-12-12 | $2,649 | $2,163 | S/L | 5.0000 | $177 |
| IPADS | 2012-12-21 | $1,467 | $1,174 | S/L | 5.0000 | $97 |
| COMPUTER | 2012-04-06 | $569 | $541 | S/L | 5.0000 | $28 |
| ACER MONITOR | 2012-04-06 | $155 | $147 | S/L | 5.0000 | $8 |
| COPIER/PRINTER/SCANNER | 2012-04-06 | $369 | $351 | S/L | 5.0000 | $18 |
| IPAD | 2013-01-14 | $499 | $399 | S/L | 5.0000 | $33 |
| LAPTOPS | 2014-02-05 | $10,615 | $6,192 | S/L | 5.0000 | $708 |
| LAPTOP | 2014-03-05 | $1,703 | $965 | S/L | 5.0000 | $114 |
| COMPUTER EQUIPMENT | 2014-07-03 | $3,055 | $1,528 | S/L | 5.0000 | $203 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| 2017 DISPOSITIONS | PURCHASE | 2017-05 | $22,968 | -$6,235 | $16,733 | |
| BACK-UP SYSTEM | PURCHASE | 2017-12 | $910 | $910 | 2008-06 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORP STOCK & MONEY MARKET FUNDS | StockNm |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DUE FROM BAY POINT PROPERTIES, INC | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE ETHEL AND W. GEORGE KENNEDY FOUNDATION FILED THE ARTICLES OF DISSOLUTION ON DECEMBER 21, 2017 WITH THE STATE OF FLORIDA (SEE PDF COPY ATTACHED). AS OF THE ABOVE DATE THE FOUNDATION WAS COMPLETELY LIQUIDATED UNDER STATE LAW. THE KENNEDY FOUNDATION DID NOT GIVE NOTICE TO THE EXEMPT ORGANIZATIONS DETERMINATIONS OFFICE OF ITS INTENT TO TERMINATE. THEREFORE IT RETAINS ITS PRIVATE FOUNDATION STATUS. THERE IS NO TAX LIABILITY PER IRS CODE SECTION 507(A)(1) ON MAY 2017 THE ASSETS WERE DISTRIBUTED TO THE FOLLOWING PRIVATE FOUNDATIONS UNDER SECTION 507(B)(2)) OF THE INTERNAL REVENUE CODE. A. KATHLEEN KENNEDY FOUNDATION 81-3254029 P.O. BOX 3015, BOONE NC, 28607 CASH AND MARKETABLE SECURITIES WITH A TAX BASIS OF 7,192,977 AND A FAIR MARKET VALUE OF 8,016,220 AT DATE OF TRANSFER COMPUTER EQUIPMENT WITH A TAX BASIS FAIR MARKET VALUE OF 838 AT DATE OF TRANSFER B. KENDEL H. KENNEDY FOUNDATION, INC 81-3381022 400 HAWSER LANE, NAPLES, FL, 34102 CASH AND MARKETABLE SECURITIES WITH A TAX BASIS OF 7,079,919 AND A FAIR MARKET VALUE OF 8,016,220 AT DATE OF TRANSFER COMPUTER EQUIPMENT WITH A TAX BASIS AND FAIR MARKET VALUE OF 743 AT DATE OF TRANSFER C. THE KENNEDY-HERTERICH FOUNDATION 81-3277711 P.O. BOX 675, BLOWING ROCK, NC, 28605 CASH AND MARKETABLE SECURITIES WITH A TAX BASIS OF 7,192,478 AND A FAIR MARKET VALUE OF 8,016,220 AT DATE OF TRANSFER COMPUTER EQUIPMENT WITH A TAX BASIS AND FAIR MARKET VALUE OF 1,677 AT DATE OF TRANSFER D. THE KIMBERLY BETH KENNEDY FAMILY FOUNDATION 81-3506042 349 BURGOYNE ROAD, SARATOGA SPRINGS, NY, 12866 AMOUNTS ARE NOT AVAILABLE. THE ABOVE MENTIONED FOUNDATIONS ARE EQUALLY RESPONSIBLE FOR THE 2017 UNDISTRIBUTED INCOME OF 764,136 REPORTED ON PART XIII, PAGE 9, OF FORM 990PF | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $13,877 | LegalFeesAmt |
| Net Investment Income | $6,939 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,938 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| IRS REFUND | $19,732 | $19,732 |
| PAYABLE TO FOUNDATIONS | -$19,732 | -$19,732 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIQUIDATION SEE STATEMENT | Desc |
| Amt | $29,858,092 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK CHARGE | $205 | $205 | |
| INTERNET/TELEPHONE SERVICE | $867 | $694 | $173 |
| OFFICE EXPENSE & SUPPLIES | $4,998 | $3,998 | $1,000 |
| REPAIRS & MAINTENANCE | $10,581 | $5,291 | $5,290 |
| POSTAGE | $2,134 | $1,067 | $1,067 |
| PAYROLL SERVICE FEE | $1,936 | $968 | $968 |
| STORAGE | $4,740 | $2,370 | $2,370 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROYALTIES-CITATION OIL & GAS | Desc |
| Revenue And Expenses Per Books | $540 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $540 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2017UNDISTRIBUTED INCOME ALLOCATED NEW FOUNDATIONS | Desc |
| Amt | $763,959 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DONATION PAYABLE | Desc |
| BOY Book Value | $1,025,897 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEE | CategoryTxt |
| Amt | $16,975 | Amt |
| Net Investment Income | $16,975 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXCISE TAX - 2016 | $20,000 | |
| TAXES OTHER | $185 | $92 |
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