RITA BARBOUR KERN FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- RITA BARBOUR KERN FOUNDATION (EIN 46-4475109)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-15
- IRS object ID
- 201841359349103074
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Expln Of Non Filing With AG Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-15T12:21:34-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 344404967 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eastman & Smith Ltd | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10032 | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 436990032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464475109 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rita Barbour Kern Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RITA | BusinessNameControlTxt |
| Phone | 4192471679 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David C Krock | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2018-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David C Krock | PreparerPersonNm |
| PTIN | P00849569 | PTIN |
| Phone | 4192416000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,145,178 | 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 | $325,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $171 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $171 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $171 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $95,609 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $95,609 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $95,609 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,763 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,566,292 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $27,763 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $8,783 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $448,543 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $123,543 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $104,563 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $30,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $26,707 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $26,707 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $26,707 | LegalFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $31,411 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $31,411 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $31,411 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $13,574 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,574 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $13,574 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $191 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $191 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $191 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $101,883 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $71,883 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $71,883 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $170,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $170,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $271,883 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $71,883 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $71,883 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $170,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $176,660 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $51,660 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $32,680 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $145,671 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $481,629 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $481,629 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,795,705 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,257,214 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,745,500 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,527,863 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $909,362 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $918,049 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $3,469,239 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,648,205 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,145,178 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $3,469,239 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,648,205 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,469,239 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,648,205 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,469,239 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,648,205 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,469,239 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $176,660 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,306 | OtherIncreasesAmt |
| Subtotal | $3,648,205 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,648,205 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (61 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 2,232 SH ISHARES CORE MSCI | P | 2016-07-22 | 2017-02-27 | $103,882 | $97,360 | $6,522 | $6,522 |
| 303 SH ISHARES CORE MSCI | P | 2017-02-27 | 2017-10-16 | $19,738 | $17,040 | $2,698 | $2,698 |
| 121 SH ISHARES CORE MSCI | P | 2017-02-27 | 2017-12-18 | $8,039 | $6,805 | $1,234 | $1,234 |
| 37 SH ISHARES IBOXX | P | 2017-02-27 | 2017-12-18 | $4,493 | $4,389 | $104 | $104 |
| 371 SH ISHARES JP MORGAN | P | 2016-09-23 | 2017-02-27 | $42,162 | $43,507 | -$1,345 | -$1,345 |
| 139 SH ISHARES MBS ETF | P | 2016-07-22 | 2017-02-27 | $14,856 | $15,269 | -$413 | -$413 |
| 265 SH ISHARES MBS ETF | P | 2016-08-03 | 2017-02-27 | $28,323 | $29,093 | -$770 | -$770 |
| 83 SH ISHARES MBS ETF | P | 2016-12-15 | 2017-02-27 | $8,871 | $8,785 | $86 | $86 |
| 3,490 SH ISHARES US TREASURY | P | 2016-07-22 | 2017-02-27 | $87,702 | $91,298 | -$3,596 | -$3,596 |
| 194 SH ISHARES US TREASURY | P | 2016-08-03 | 2017-02-27 | $4,875 | $5,096 | -$221 | -$221 |
| 3,570 SH ISHARES US TREASURY | P | 2016-08-03 | 2017-02-27 | $89,712 | $93,433 | -$3,721 | -$3,721 |
| 2,697 SH ISHARES US TREASURY | P | 2016-11-18 | 2017-02-27 | $67,774 | $68,505 | -$731 | -$731 |
| 1,066 SH ISHARES US TREASURY | P | 2016-11-29 | 2017-02-27 | $26,788 | $26,767 | $21 | $21 |
| 267 SH ISHARES US TREASURY | P | 2016-11-29 | 2017-10-16 | $6,737 | $6,704 | $33 | $33 |
| 61 SH ISHARES US TREASURY | P | 2016-12-15 | 2017-10-16 | $1,539 | $1,511 | $28 | $28 |
| 1,104 SH ISHARES US TREASURY | P | 2016-12-15 | 2017-12-15 | $27,776 | $27,340 | $436 | $436 |
| 930 SH ISHARES US TREASURY | P | 2017-04-03 | 2017-12-15 | $23,398 | $23,352 | $46 | $46 |
| 280 SH ISHARES 1-3 YEARS | P | 2016-07-22 | 2017-02-27 | $23,678 | $23,838 | -$160 | -$160 |
| 112 SH ISHARES 1-3 YEARS | P | 2016-08-03 | 2017-02-27 | $9,471 | $9,536 | -$65 | -$65 |
| 2 SH ISHARES 1-3 YEARS | P | 2016-12-15 | 2017-02-27 | $169 | $168 | $1 | $1 |
| 340 SH ISHARES 3-7 YEARS | P | 2016-07-22 | 2017-02-27 | $41,861 | $43,095 | -$1,234 | -$1,234 |
| 158 SH ISHARES 3-7 YEARS | P | 2016-08-03 | 2017-02-27 | $19,453 | $20,047 | -$594 | -$594 |
| 53 SH ISHARES 3-7 YEARS | P | 2016-12-15 | 2017-02-27 | $6,525 | $6,446 | $79 | $79 |
| 92 SH ISHARES 7-10 YEARS | P | 2016-08-03 | 2017-02-27 | $9,728 | $10,328 | -$600 | -$600 |
| 28 SH ISHARES 7-10 YEARS | P | 2016-12-15 | 2017-02-27 | $2,961 | $2,904 | $57 | $57 |
| 92 SH ISHARES 7-10 YEARS | P | 2017-03-08 | 2017-04-21 | $9,835 | $10,180 | -$345 | -$345 |
| 395 SH ISHARES 7-10 YEARS | P | 2017-03-08 | 2017-04-21 | $42,228 | $41,128 | $1,100 | $1,100 |
| 341 SH PIMCO ENHANCED | P | 2016-07-22 | 2017-03-08 | $34,604 | $34,505 | $99 | $99 |
| 155 SH PIMCO ENHANCED | P | 2016-08-03 | 2017-03-08 | $15,729 | $15,684 | $45 | $45 |
| 50 SH PIMCO ENHANCED | P | 2016-10-21 | 2017-04-03 | $5,074 | $5,068 | $6 | $6 |
| 114 SH SCHWAB US TIPS ETF | P | 2016-12-15 | 2017-04-03 | $6,338 | $6,203 | $135 | $135 |
| 846 SH SPDR BLOOMBERG BARCLAY | P | 2016-07-22 | 2017-02-27 | $22,402 | $23,823 | -$1,421 | -$1,421 |
| 332 SH SPDR BLOOMBERG BARCLAY | P | 2016-08-03 | 2017-02-27 | $8,791 | $9,552 | -$761 | -$761 |
| 2,207 SH SPDR BLOOMBERG BARCLAY | P | 2016-10-21 | 2017-02-27 | $58,440 | $61,465 | -$3,025 | -$3,025 |
| 345 SH SPDR BLOOMBERG BARCLAY | P | 2016-12-15 | 2017-02-27 | $9,135 | $8,858 | $277 | $277 |
| 4,111 SH SPDR BLOOMBERG BARCLAY | P | 2016-07-22 | 2017-02-27 | $152,727 | $149,394 | $3,333 | $3,333 |
| 965 SH SPDR BLOOMBERG BARCLAY | P | 2016-07-22 | 2017-03-24 | $35,193 | $35,068 | $125 | $125 |
| 696 SH SPDR BLOOMBERG BARCLAY | P | 2016-07-22 | 2017-07-21 | $25,961 | $25,293 | $668 | $668 |
| 1,692 SH VANECK VECTORS | P | 2016-07-22 | 2017-02-27 | $30,963 | $31,097 | -$134 | -$134 |
| 489 SH VANGUARD GROWTH | P | 2016-07-22 | 2017-05-19 | $61,525 | $54,605 | $6,920 | $6,920 |
| 146 SH VANGUARD MID-CAP | P | 2016-07-22 | 2017-02-27 | $20,482 | $18,801 | $1,681 | $1,681 |
| 556 SH VANGUARD TOTAL | P | 2017-02-27 | 2017-09-22 | $39,347 | $35,994 | $3,353 | $3,353 |
| 9 SH VANGUARD TOTAL WORLD | P | 2017-03-24 | 2017-09-22 | $637 | $587 | $50 | $50 |
| 1,108 SH SCHWAB US TIPS | P | 2016-12-15 | 2017-04-03 | $61,603 | $62,934 | -$1,331 | -$1,331 |
| 308 SH ISHARES CORE MSCI | P | 2016-07-22 | 2017-10-16 | $17,297 | $13,435 | $3,862 | $3,862 |
| 120 SH ISHARES CORE | P | 2016-07-22 | 2017-12-18 | $9,319 | $7,312 | $2,007 | $2,007 |
| 95 SH ISHARES MBS ETF | P | 2016-01-21 | 2017-02-27 | $10,154 | $10,337 | -$183 | -$183 |
| 353 SH ISHARES MBS ETF | P | 2016-01-29 | 2017-02-27 | $37,728 | $38,576 | -$848 | -$848 |
| 550 SH ISHARES MSCI EAFE | P | 2015-04-01 | 2017-07-21 | $36,559 | $35,535 | $1,024 | $1,024 |
| 84 SH ISHARES MSCI EAFE | P | 2015-04-01 | 2017-10-16 | $5,837 | $5,427 | $410 | $410 |
| 195 SH ISHARES MSCI EAFE | P | 2016-01-21 | 2017-10-16 | $13,551 | $10,314 | $3,237 | $3,237 |
| 95 SH ISHARES MSCI EAFE | P | 2016-01-21 | 2017-12-18 | $6,726 | $5,025 | $1,701 | $1,701 |
| 94 SH ISHARES US CREDIT | P | 2016-09-23 | 2017-10-16 | $10,555 | $10,691 | -$136 | -$136 |
| 1 SH ISHARES 7-10 YEAR | P | 2014-12-22 | 2017-02-27 | $106 | $106 | ||
| 199 SH ISHARES 7-10 YEAR | P | 2015-01-06 | 2017-02-27 | $21,041 | $21,485 | -$444 | -$444 |
| 1 SH ISHARES 7-10 YEAR | P | 2017-03-08 | 2017-08-21 | $107 | $105 | $2 | $2 |
| 199 SH ISHARES 7-10 YEAR | P | 2017-03-08 | 2017-04-21 | $21,274 | $21,163 | $111 | $111 |
| 131 SH VANGUARD GROWTH ETF | P | 2016-07-22 | 2017-10-16 | $17,712 | $14,628 | $3,084 | $3,084 |
| 75 SH VANGUARD MID-CAP | P | 2016-04-22 | 2017-10-16 | $11,162 | $9,658 | $1,504 | $1,504 |
| 170 SH VANGUARD VALUE | P | 2016-07-22 | 2017-10-16 | $17,180 | $14,936 | $2,244 | $2,244 |
| 79 SH VANGUARD VALUE | P | 2016-07-22 | 2017-12-18 | $8,459 | $6,941 | $1,518 | $1,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $27,763 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $8,783 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,033 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,033 | SubtotalAmt |
| Tax Based On Investment Income | $1,033 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,177 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,177 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $5,144 | OverpaymentAmt |
| Applied To ES Tax | $5,144 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David C Krock | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4192471679 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate 24th Floor | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Nan L Wallace | ||||||
| 337 Hillside Drive | Rossford | OH | 43460 | Trustee | 0.50 | $5,000 |
| Roger Berkowitz | ||||||
| 3000 Galloway Ridge Apt C000 | Pittsboro | NC | 27231 | Trustee | 0.50 | $5,000 |
| David C Krock | ||||||
| 3039 Sugar Ridge Road | Pemberville | OH | 43450 | Trustee | 1.00 | $5,000 |
| Nancy E Hibbert | ||||||
| 1611 River Road | Maumee | OH | 43537 | Trustee | 1.00 | $5,000 |
| Carolyn M Putney | ||||||
| 4343 W Bancroft Street 3B | Toledo | OH | 43615 | Trustee | 0.50 | $5,000 |
| Phyllis B Morton | ||||||
| 37 Meadowpond Drive | Perrysburg | OH | 43551 | Trustee | 0.50 | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A no direct charitable activities | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,576,713 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $191,389 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,768,102 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,768,102 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,522 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,711,580 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $185,579 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $185,579 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,033 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,033 | TotalTaxAmt |
| Distributable Before Adj | $184,546 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $184,546 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $184,546 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $170,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $170,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $170,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $184,546 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $76,953 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $76,953 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $170,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $170,000 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $14,546 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $14,546 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $62,407 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $62,407 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $62,407 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Toledo Museum of Art | ||||||
| 2445 Monroe Street | Toledo | OH | 43620 | PC | Gift to qualified charitable organization pursuant to the terms of the Foundation | $120,000 |
| Toledo Orchestra Association | ||||||
| 1838 Parkwood Avenue | Toledo | OH | 43697 | PC | Gift to qualified charitable organization pursuant to the terms of the Foundation | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $170,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $171 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $95,609 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $27,763 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $95,780 | ExclusionAmt |
| Related Or Exempt Function Incm | $27,763 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $123,543 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Rita B Kern Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Seagate 24th Floor | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $325,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | In lieu of furnishing a copy of FORM 990-PF, the foundation files an annual charitable report with the office of the Ohio Attorney General under the Ohio Charitable Trust Act. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EASTMAN & SMITH | CategoryTxt |
| Legal Fees | $26,707 | LegalFeesAmt |
| Net Investment Income | $26,707 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $26,707 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Misc. exp. | $141 | $141 | $141 |
| UBS fee | $50 | $50 | $50 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Brokerage account statment adjustment | Desc |
| Amt | $2,306 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| First Quarter UBS Advisory | $7,344 | $7,344 | $7,344 | $0 |
| Fourth Quarter UBS Advisory | $8,345 | $8,345 | $8,345 | $0 |
| Second Quarter UBS Advisory | $7,702 | $7,702 | $7,702 | $0 |
| Third Quarter UBS Advisory | $8,020 | $8,020 | $8,020 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Federal Excise Tax-2016 | $4,490 | $4,490 | $4,490 |
| Federal Excise Tax-Estimate | $6,117 | $6,117 | $6,117 |
| Foreign Tax withheld | $2,967 | $2,967 | $2,967 |
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