KIBEL FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
KIBEL FOUNDATION INC (EIN 13-6167907)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-10-02
IRS object ID
201842759349100304
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-10-02T13:56:36-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Berdon LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1360 Madison AveAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136167907EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIBEL FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O THE KIBEL COMPANIES LLCBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% KIBEL FOUNDATIONInCareOfNm
Business Name ControlKIBEBusinessNameControlTxt
Phone2124815700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 EAST 34TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonADAM KIBELPersonNm
Person TitleOFFICERPersonTitleTxt
Phone2124815700PhoneNum
Signature2018-09-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH REINHARDTPreparerPersonNm
PTINP00197433PTIN
Phone2128320400PhoneNum
Preparation2018-09-24PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$612,781FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$174,650ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$174,650TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Expenses Rev And Expnss$255OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$255TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$282,666ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$282,666ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$282,921TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$282,666TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$108,271ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$395,663CashBOYAmt
Cash EOY$282,522CashEOYAmt
Cash EOYFMV$282,522CashEOYFMVAmt
Other Investments BOY$380,905OtherInvestmentsBOYAmt
Other Investments EOY$385,775OtherInvestmentsEOYAmt
Other Investments EOYFMV$330,259OtherInvestmentsEOYFMVAmt
Total Assets BOY$776,568TotalAssetsBOYAmt
Total Assets EOY$668,297TotalAssetsEOYAmt
Total Assets EOYFMV$612,781TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$776,568RetainedEarningBOYAmt
Retained Earning EOY$668,297RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$776,568TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$668,297TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$776,568TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$668,297TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$776,568TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$108,271ExcessRevenueOverExpensesAmt
Subtotal$668,297SubtotalAmt
Tot Net Ast Or Fund Balances EOY$668,297TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$163,667AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$790,808NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.206962DistributionYr1Rt
Adjusted Qlfy Distri Yr2$153,667AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$436,415NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.352112DistributionYr2Rt
Adjusted Qlfy Distri Yr3$138,500AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$324,838NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.426366DistributionYr3Rt
Adjusted Qlfy Distri Yr4$129,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$294,575NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.437919DistributionYr4Rt
Adjusted Qlfy Distri Yr5$158,180AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$262,516NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.602554DistributionYr5Rt
Total Distribution2.025913TotalDistributionRt
Average Distribution0.405183AverageDistributionRt
Net Vl Noncharitable Assets$733,683NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$297,276AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$297,276AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$282,666QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$5TotalPaymentsAndCreditsAmt
Overpayment$5OverpaymentAmt
Applied To ES Tax$5AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1KIBEL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2124815700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1300 EAST 34TH STAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES KIBEL
300 EAST 34TH STREETNEW YORKNY10016DIRECTOR, PRESIDENT1.0$0$0$0
ADAM KIBEL
300 EAST 34TH STREETNEW YORKNY10016DIRECTOR/VICE PRES/ SECRETARY1.0$0$0$0
JAMIE KIBEL
300 EAST 34TH STREETNEW YORKNY10016DIRECTOR/TREASURER1.0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$463,057AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$281,799AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$744,856TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$744,856AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,173CashDeemedCharitableAmt
Net Vl Noncharitable Assets$733,683NetVlNoncharitableAssetsAmt
Minimum Investment Return$36,684MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$36,684MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$36,684DistributableBeforeAdjAmt
Distributable Before Ded$36,684DistributableBeforeDedAmt
Distributable As Adjusted$36,684DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$282,666ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$282,666QualifyingDistributionsAmt
Adjusted Qualifying Distri$282,666AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$36,684DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12015PriorYear1Yr
Prior Year22014PriorYear2Yr
Prior Year32013PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$145,088ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$129,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$122,258ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$131,846ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$124,127ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$652,319TotalExcessDistributionCyovAmt
Qualifying Distributions$282,666QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$36,684AppliedToCurrentYearAmt
Remaining Distri From Corpus$245,982RemainingDistriFromCorpusAmt
Total Corpus$898,301TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$145,088ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$753,213ExcessDistriCyovToNextYrAmt
Excess From Year4$129,000ExcessFromYear4Amt
Excess From Year3$122,258ExcessFromYear3Amt
Excess From Year2$131,846ExcessFromYear2Amt
Excess From Year1$124,127ExcessFromYear1Amt
Excess From Current Year$245,982ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerESTATE - HENRY KIBELContributingManagerNm
Shareholder ManagerNAShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMR CHARLES KIBELRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1300 EAST 34TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2124815700RecipientPhoneNum
Form And Info And MaterialsTHE ORGANIZATION THAT REQUESTS CONTRIBUTIONS SUBMITS A LETTER INDICATING THE ORGANIZATION'S ACTIVITIES AND INTENDED USE OF THE GIFT.FormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE METROPOLITAN MUSEUM OF ART
1000 Fifth Avenue at 82nd StreetNew YorkNY10028NONEPCMUSEUM DONATION$10,000
Children's Hospital of Philadelphia
south 34th street civic center blPhiladelphiaPA19104NonePCHOSPITAL DONATION$60,000
University of Maryland
4100 Samuel Riggs IV Alumni CenterCollege ParkMD207421541nonePCEDUCATION DONATION$36,666
Reed College
3203 Southeast Woodstock BoulevardPortlandOR972028199nonePCEducation Donation$15,000
Westhampton Rotary Club
PO Box 124WesthamptonNY11977nonePCCommunity Support$1,000
Learning is for Tomorrow (LIFT)
901 North Milton AvenueBaltimoreMD21205nonePCEducation Literacy$5,000
Columbia Presbyterian Hospital
5141 BroadwayNew YorkNY10034nonePCMedical Research$20,000
Memorial Sloan Kettering
1275 York AvenueNew YorkNY10065nonePCMedical Research$100,000
Society of the riverdanrians Riverdale School
5250 Fieldston RoadBronxNY10471nonePCEducation donation$25,000
Birch Whalen Lenox School
210 East 77th StreetNew YorkNY10075nonePCEducation donation$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$282,666TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp
Subtotals Incm Producing ActySubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonEstate - HENRY KIBELContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1200 EAST 65TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd
FieldValueIRS element (for citing)
Total Contributions$174,650TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemAMERICAN PORTFOLIO-IRACategoryOrItemTxt
Book Value$385,775BookValueAmt
EOYFMV$330,259EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
FILING FEES$100
NY LAW JOURNAL$155

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