WALTER & JEAN KALBERER FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
WALTER & JEAN KALBERER FOUNDATION (EIN 34-1817179)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-10-31
IRS object ID
201723049349100002
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-10-31T06:00:30-07:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Morgan & Associates IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16155 Rockside Road 307AddressLine1Txt
CityIndependenceCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44131ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341817179EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WALTER & JEAN KALBERER FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWALTBusinessNameControlTxt
Phone4404233420PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11259 WEST HILL DRIVEAddressLine1Txt
CityGATES MILLSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44040ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWALTER E KALBERERPersonNm
Person TitleCPAPersonTitleTxt
Signature2017-10-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHUGH J MORGANPreparerPersonNm
PTINP01223082PTIN
Phone2166428604PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,102,592FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$37InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$37InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$37InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$20,708DividendsRevAndExpnssAmt
Dividends Net Invst Incm$20,708DividendsNetInvstIncmAmt
Dividends Adj Net Incm$20,708DividendsAdjNetIncmAmt
Total Rev And Expnss$20,745TotalRevAndExpnssAmt
Total Net Invst Incm$20,745TotalNetInvstIncmAmt
Total Adj Net Incm$20,745TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$200OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$200OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$200TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$200TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$66,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$66,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$66,200TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$66,200TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$45,455ExcessRevenueOverExpensesAmt
Net Investment Income$20,745NetInvestmentIncomeAmt
Adjusted Net Income$20,745AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$56,008SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,844SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,844SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$742,685CorporateStockBOYAmt
Corporate Stock EOY$742,394CorporateStockEOYAmt
Corporate Stock EOYFMV$2,062,834CorporateStockEOYFMVAmt
Other Assets BOY$903,327OtherAssetsBOYAmt
Other Assets EOY$903,327OtherAssetsEOYAmt
Other Assets EOYFMV$1,028,914OtherAssetsEOYFMVAmt
Total Assets BOY$1,702,020TotalAssetsBOYAmt
Total Assets EOY$1,656,565TotalAssetsEOYAmt
Total Assets EOYFMV$3,102,592TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$1,702,020CapitalStockBOYAmt
Capital Stock EOY$1,656,565CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$1,702,020TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,656,565TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,702,020TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,656,565TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,702,020TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$45,455ExcessRevenueOverExpensesAmt
Subtotal$1,656,565SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,656,565TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$295,017AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,272,784NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.23179DistributionYr1Rt
Adjusted Qlfy Distri Yr2$831,651AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,638,770NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.31517DistributionYr2Rt
Adjusted Qlfy Distri Yr3$671,809AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,147,392NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.31285DistributionYr3Rt
Adjusted Qlfy Distri Yr4$553,641AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$2,290,697NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.24169DistributionYr4Rt
Adjusted Qlfy Distri Yr5$356,438AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,587,509NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.13775DistributionYr5Rt
Total Distribution1.239248TotalDistributionRt
Average Distribution0.247850AverageDistributionRt
Net Vl Noncharitable Assets$2,844,101NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$704,910AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$207NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$705,117AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$66,200QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$415InvestmentIncomeExciseTaxAmt
Subtotal$415SubtotalAmt
Tax Based On Investment Income$415TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$710EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$710TotalPaymentsAndCreditsAmt
Overpayment$295OverpaymentAmt
Applied To ES Tax$295AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateOHOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JEAN KALBERERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4404233420PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11259 WEST HILL DRIVEAddressLine1Txt
CityGATES MILLSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44040ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Walter E Kalberer
1259 West Hill DriveGates MillsOH44040Trustee0.00$0
Jean C Kalberer
1259 West Hill DriveGates MillsOH44040Trustee0.00$0
Gwenn S Winkhaus
PO Box 438ArmonkNY10504Trustee0.00$0
Lori Kalberer
6777 GATES MILLS BLVDGATES MILLSOH44040TRUSTEE0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,956,932AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$26,553AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$903,927FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,887,412TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,887,412AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$43,311CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,844,101NetVlNoncharitableAssetsAmt
Minimum Investment Return$142,205MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$142,205MinimumInvestmentReturnAmt
Tax Based On Investment Income$415TaxBasedOnInvestmentIncomeAmt
Total Tax$415TotalTaxAmt
Distributable Before Adj$141,790DistributableBeforeAdjAmt
Distributable Before Ded$141,790DistributableBeforeDedAmt
Distributable As Adjusted$141,790DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$66,200ExpensesAndContributionsAmt
Qualifying Distributions$66,200QualifyingDistributionsAmt
Adjusted Qualifying Distri$66,200AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$141,790DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$251,481ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$440,378ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$566,685ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$712,484ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$231,764ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,202,792TotalExcessDistributionCyovAmt
Qualifying Distributions$66,200QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$66,200AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$75,590ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$75,590ExcessDistributionCyovAppCYAmt
Total Corpus$2,127,202TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$175,891ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,951,311ExcessDistriCyovToNextYrAmt
Excess From Year4$440,378ExcessFromYear4Amt
Excess From Year3$566,685ExcessFromYear3Amt
Excess From Year2$712,484ExcessFromYear2Amt
Excess From Year1$231,764ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerWalter E KalbererContributingManagerNm
Contributing ManagerJean C KalbererContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CLEVELAND PLAYHOUSE
PLAYHOUSE SQUARECLEVELANDOH44114NONEPCANNUAL FUND$53,000
CLEVELAND SCHOOL OF THE ARTS
10700 CHURCHILL AVECLEVELANDOH44106NONEPCGRANT TO SUPPORT 2016 SPECIAL INITIATIVES$10,000
HAWKEN SCHOOL
12465 COUNTY LINE ROADGATES MILLSOH44040NONEPC2016 ANNUAL FUND$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$66,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$37ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$20,708ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$20,745ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$20,745TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCOMMON STOCKSStockNm
EOY Book Value$742,394EOYBookValueAmt
EOYFMV$2,062,834EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescLIFE INSURANCEDesc
BOY Book Value$903,327BOYBookValueAmt
EOY Book Value$903,327EOYBookValueAmt
EOYFMV$1,028,914EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSTATE REGISTRATION FEESDesc
Revenue And Expenses Per Books$200RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$200DisbursementsCharitablePrpsAmt

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