KANE FAMILY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: KANE FAMILY FOUNDATION INC (EIN 90-0689673)
Tax period: 2014-11-01 to 2015-10-31
Filed: 2016-03-14
IRS object ID: 201620749349100402
Schema version: 2014v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-03-14T13:11:26-05:00	ReturnTs
Tax Period End	2015-10-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BKD LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 South Tejon Suite 800	AddressLine1Txt
City	Colorado Springs	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	809039848	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-11-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	900689673	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KANE FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% AMERICAN NATIONAL BANK	InCareOfNm
Business Name Control	KANE	BusinessNameControlTxt
Phone	7193815629	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6510-A SOUTH ACADEMY BLVD BOX 285	AddressLine1Txt
City	COLORADO SPRINGS	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80906	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Tad A Goodenbour	PersonNm
Person Title	Treasurer	PersonTitleTxt
Phone	7194714290	PhoneNum
Signature	2016-02-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Rita F Worster CPA	PreparerPersonNm
PTIN	P00290681	PTIN
Phone	7194714290	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$27,530,000	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$394	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$394	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$586,263	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$550,663	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$784,046	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,474,236	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$784,046	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$1,160	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$1,160	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,371,863	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,336,263	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$79,200	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$59,400	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$19,800	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$21,305	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$15,979	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$5,326	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$94,783	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$89,748	OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss	$15,606	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$4,978	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$10,628	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$210,894	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$170,105	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$35,754	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,546,341	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,131,567	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,757,235	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$170,105	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,167,321	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$385,372	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,166,158	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$2,865,966	CashBOYAmt
Cash EOY	$1,871,446	CashEOYAmt
Cash EOYFMV	$1,871,446	CashEOYFMVAmt
US Government Obligations BOY	$1,513,154	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$1,507,348	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$1,507,348	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$21,279,351	CorporateStockBOYAmt
Corporate Stock EOY	$21,160,540	CorporateStockEOYAmt
Corporate Stock EOYFMV	$21,160,540	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$2,912,306	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,955,232	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,955,232	CorporateBondsEOYFMVAmt
Other Assets BOY	$45,533	OtherAssetsBOYAmt
Other Assets EOY	$35,434	OtherAssetsEOYAmt
Other Assets EOYFMV	$35,434	OtherAssetsEOYFMVAmt
Total Assets BOY	$28,616,310	TotalAssetsBOYAmt
Total Assets EOY	$27,530,000	TotalAssetsEOYAmt
Total Assets EOYFMV	$27,530,000	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$2,950,957	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$3,365,730	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$2,950,957	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,365,730	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$25,665,353	RetainedEarningBOYAmt
Retained Earning EOY	$24,164,270	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$25,665,353	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$24,164,270	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$28,616,310	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$27,530,000	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$25,665,353	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$385,372	ExcessRevenueOverExpensesAmt
Subtotal	$25,279,981	SubtotalAmt
Other Decreases	$1,115,711	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$24,164,270	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (58 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
200,000.00 MORGAN STANLEY 4.1% 1/26/15	2010-02-11	2015-01-26	$200,000	$200,000
125,000.00 WACHOVIA 4.75% 2/1/15	2009-09-01	2015-02-02	$125,000	$126,060	-$1,060	-$1,060
575.00 SHS AFLAC	2007-06-15	2015-02-10	$34,778	$19,846	$14,932	$14,932
4,100.00 SHS AFLAC	2007-01-01	2015-02-10	$247,984	$140,487	$107,497	$107,497
200.00 SHS AFLAC	2008-10-17	2015-02-10	$12,097	$9,349	$2,748	$2,748
1,000.00 SHS AFLAC	2012-09-04	2015-02-10	$60,484	$46,367	$14,117	$14,117
3,500.00 SHS EOG RESOURCES	2014-10-20	2015-02-12	$335,596	$300,363	$35,233	$35,233
899.67 SHS CDK GLOBAL INC	2014-10-06	2015-03-12	$41,964	$12,081	$29,883	$29,883
116.67 SHS CDK GLOBAL INC	2014-10-06	2015-03-12	$5,442	$1,563	$3,879	$3,879
816.67 SHS CDK GLOBAL INC	2014-10-06	2015-03-12	$38,093	$10,237	$27,856	$27,856
125,000.00 PITNEY BOWES, 5%, 3/15/15	2009-06-04	2015-03-16	$125,000	$127,313	-$2,313	-$2,313
205,000.00 GATX 4.75% 5/15/15	2010-02-17	2015-03-20	$206,345	$204,242	$2,103	$2,103
450.00 SHS BECTON DICKINSON	2010-03-15	2015-03-27	$65,251	$35,582	$29,669	$29,669
600.00 SHS APPLE	2012-11-13	2015-03-27	$76,265	$47,888	$28,377	$28,377
600.00 SHS COCA-COLA	2003-06-03	2015-03-27	$24,396	$11,827	$12,569	$12,569
500.00 SHS DANAHER	2003-06-03	2015-03-27	$43,060	$11,245	$31,815	$31,815
600.00 SHS MICROSOFT	2007-01-01	2015-03-27	$25,816	$14,823	$10,993	$10,993
300.00 SHS 3M	2003-06-03	2015-03-27	$50,000	$18,842	$31,158	$31,158
400.00 SHS 3M	2007-01-01	2015-03-27	$66,667	$27,902	$38,765	$38,765
450.00 SHS BERKSHIRE HATHAWAY B SHARES	2008-06-02	2015-03-27	$65,054	$38,774	$26,280	$26,280
975.00 SHS ILLINOIS TOOL WORKS	2007-04-18	2015-03-27	$95,452	$42,285	$53,167	$53,167
25.00 SHS ILLINOIS TOOL WORKS	2007-01-01	2015-03-27	$2,447	$1,079	$1,368	$1,368
500.00 SHS AUTO DATA PROCESSING	2007-01-01	2015-03-27	$43,588	$15,470	$28,118	$28,118
1,400.00 SHS NESTLE SA ADR	2008-10-16	2015-03-27	$109,412	$51,757	$57,655	$57,655
700.00 SHS NIKE	2008-07-23	2015-03-27	$70,606	$20,388	$50,218	$50,218
1,150.00 SHS ISHARES RUSSELL 2000 INDEX FUND	2007-01-01	2015-03-27	$144,618	$74,455	$70,163	$70,163
600.00 SHS PEPSICO	2003-06-03	2015-03-27	$57,831	$27,293	$30,538	$30,538
200.00 SHS ISHARES S&P MIDCAP 400 INDEX FUND	2007-01-01	2015-03-27	$30,618	$15,430	$15,188	$15,188
200.00 SHS UNITED TECHNOLOGIES	2008-06-02	2015-03-27	$23,908	$14,073	$9,835	$9,835
5,000.00 CHFA 4%	2009-04-07	2015-05-01	$5,000	$5,000
15,503.88 SHS OPPENHEIMER INTL BOND FUND	2012-08-28	2015-05-29	$90,698	$100,000	-$9,302	-$9,302
22,970.90 SHS OPPENHEIMER INTL BOND FUND	2012-10-11	2015-05-29	$134,380	$150,000	-$15,620	-$15,620
15,220.70 SHS OPPENHEIMER INTL BOND FUND	2013-05-20	2015-05-29	$89,041	$100,000	-$10,959	-$10,959
16,863.41 SHS OPPENHEIMER INTL BOND FUND	2015-02-24	2015-05-29	$98,651	$100,000	-$1,349	-$1,349
150,000.00 ILLINOIS 4.05% 6/1/15	2009-08-21	2015-06-01	$150,000	$150,375	-$375	-$375
200,000.00 BBVA 4.664% 10/9/15	2013-06-10	2015-10-09	$200,000	$208,134	-$8,134	-$8,134
100,000.00 SHS JP MORGAN CHASE 1.1% 10/15/15	2014-08-27	2015-10-15	$100,000	$100,570	-$570	-$570
200.00 SHS AFLAC	2011-04-29	2015-02-10	$12,097	$2,461	$9,636	$9,636
100.00 SHS AFLAC	2011-04-29	2015-02-10	$6,048	$3,323	$2,725	$2,725
100.00 SHS AFLAC	2011-04-29	2015-02-10	$6,048	$3,323	$2,725	$2,725
200.00 SHS EOG RESOURCES	2014-10-20	2015-02-12	$19,177	$17,164	$2,013	$2,013
83.00 SHS CDK GLOBAL INC	2014-10-06	2015-03-12	$3,871	$1,092	$2,779	$2,779
50.00 SHS CDK GLOBAL INC	2014-10-06	2015-03-12	$2,332	$711	$1,621	$1,621
35.00 SHS APPLE	2012-11-13	2015-03-27	$4,449	$2,793	$1,656	$1,656
175.00 SHS COCA-COLA	2011-04-29	2015-03-27	$7,116	$4,291	$2,825	$2,825
75.00 SHS COCA-COLA	2011-04-29	2015-03-27	$3,050	$1,745	$1,305	$1,305
50.00 SHS DANAHER	2011-04-29	2015-03-27	$4,306	$1,125	$3,181	$3,181
200.00 SHS MICROSOFT	2011-04-29	2015-03-27	$8,605	$5,854	$2,751	$2,751
50.00 SHS ILLINOIS TOOL WORKS	2011-04-29	2015-03-27	$4,895	$2,168	$2,727	$2,727
50.00 SHS AUTO DATA PROCESSING	2011-04-29	2015-03-27	$4,359	$1,515	$2,844	$2,844
125.00 SHS NIKE	2011-04-29	2015-03-27	$12,608	$3,641	$8,967	$8,967
125.00 SHS ISHARES RUSSELL 2000 INDEX FUND	2011-04-29	2015-03-27	$15,719	$6,480	$9,239	$9,239
50.00 SHS PEPSICO	2011-04-29	2015-03-27	$4,819	$1,649	$3,170	$3,170
50.00 SHS ISHARES S&P MIDCAP 400 INDEX FUND	2011-04-29	2015-03-27	$7,655	$3,864	$3,791	$3,791
125.00 SHS NESTLE SA ADR	2011-04-29	2015-03-27	$9,769	$4,621	$5,148	$5,148
40,000.00 WELLS FARGO 5% 11/15/14	2011-04-29	2014-11-17	$40,000	$41,270	-$1,270	-$1,270
CAPITAL CREDITS	2010-01-01	2014-12-31	$533		$533	$533
CLASS ACTION PROCEEDS	2010-01-01	2014-12-31	$1,238		$1,238	$1,238

Field	Value	IRS element (for citing)
Capital Gain Net Income	$784,046	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,598,262	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$28,247,940	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.05658	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,264,140	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$26,180,047	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.048286	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,297,476	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$24,769,089	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.052383	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$558,668	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$24,542,500	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.022763	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,045,680	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$21,867,811	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.047818	DistributionYr5Rt
Total Distribution	0.22783	TotalDistributionRt
Average Distribution	0.045566	AverageDistributionRt
Net Vl Noncharitable Assets	$27,978,489	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,274,868	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$11,662	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,286,530	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,167,321	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$23,323	InvestmentIncomeExciseTaxAmt
Subtotal	$23,323	SubtotalAmt
Tax Based On Investment Income	$23,323	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$0	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Es Penalty	$335	EsPenaltyAmt
Tax Due	$23,658	TaxDueAmt

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	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CO	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	WWW.KANEFAMILYFOUNDATION.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	AMERICAN NATIONAL BANK	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7194714290	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	102 NORTH CASCADE	AddressLine1Txt
City	COLORADO SPRINGS	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80903	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	Yes (true)	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	Yes (true)	UndistrIncmSect4942a2NotAppInd
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 (3 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
GREGORY L JOHNSON
6510-A SOUTH ACADEMY BLVD BOX 285	COLORADO SPRINGS	CO	80906	CO-TRUSTEE	4.0	$39,600	$0	$0
WILLIAM S CORRIGAN
6510-A SOUTH ACADEMY BLVD BOX 285	COLORADO SPRINGS	CO	80906	CO-TRUSTEE	4.0	$39,600	$0	$0
TAD A GOODENBOUR
111 S TEJON STREET SUITE 800	COLORADO SPRINGS	CO	80903	CO-TRUSTEE	4.0	$0	$0	$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Field	Value	IRS element (for citing)
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$25,486,188	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,883,711	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$34,658	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$28,404,557	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$28,404,557	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$426,068	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$27,978,489	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,398,924	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,398,924	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$23,323	TaxBasedOnInvestmentIncomeAmt
Total Tax	$23,323	TotalTaxAmt
Distributable Before Adj	$1,375,601	DistributableBeforeAdjAmt
Distributable Before Ded	$1,375,601	DistributableBeforeDedAmt
Distributable As Adjusted	$1,375,601	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,167,321	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$1,167,321	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$1,167,321	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,375,601	DistributableAsAdjustedAmt
Undistributed Income PY	$1,505	UndistributedIncomePYAmt
Prior Year1	2012	PriorYear1Yr
Prior Year2	2011	PriorYear2Yr
Prior Year3	2010	PriorYear3Yr
Excess Distribution Cyov Yr1	$0	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,167,321	QualifyingDistributionsAmt
Applied To Year1	$1,505	AppliedToYear1Amt
Applied To Current Year	$1,165,816	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Undistributed Income CY	$209,785	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	CONTACT THE TRUSTEES	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	6510-A SOUTH ACADEMY BLVD BOX 285	AddressLine1Txt
City	COLORADO SPRINGS	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80906	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7193815629	RecipientPhoneNum
Form And Info And Materials	PLEASE CONTACT THE TRUSTEES TO RECEIVE DETAILS OF SCHOLARSHIP FORMS AND REQUIREMENTS. INFORMATION IS ALSO AVAILABLE THROUGH LINKS ON THE FOUNDATION'S WEBSITE AT: WWW.KANEFAMILYFOUNDATION.ORG	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	AWARDS WILL ONLY BE MADE FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AWARDS ARE LIMITED TO SCHOLARSHIPS FOR EDUCATION AND FOR QUALIFIED MEDICAL RESEARCH.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
UNIVERSITY OF COLORADO FOUNDATION
1420 AUSTIN BLUFFS PKWY	COLORADO SPRINGS	CO	80918	NON-AFFILIATE	PC	SCHOLARSHIPS	$667,735
PIKES PEAK COMMUNITY COLLEGE FOUNDATION
5675 S ACADEMY BLVD	COLORADO SPRINGS	CO	80906	NON-AFFILIATE	PC	SCHOLARSHIPS	$152,227
COLORADO STATE UNIVERSITY-PUEBLO
220 BONFORTE BLVD	PUEBLO	CO	810014901	NON-AFFILIATE	PC	SCHOLARSHIPS	$208,251
TRINIDAD STATE JUNIOR COLLEGE
600 PROSPECT STREET	TRINIDAD	CO	81082	NON-AFFILIATE	PC	SCHOLARSHIPS	$12,919
LAMAR COMMUNITY COLLEGE
2401 S MAIN ST	LAMAR	CO	81052	NON-AFFILIATE	PC	SCHOLARSHIPS	$26,659
PUEBLO COMMUNITY COLLEGE
900 WEST ORMAN AVENUE	PUEBLO	CO	810041499	NON-AFFILIATE	PC	SCHOLARSHIPS	$44,137
OTERO COMMUNITY COLLEGE
1802 COLORADO AVENUE	LA JUNTA	CO	81050	NON-AFFILIATE	PC	SCHOLARSHIPS	$19,639

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,131,567	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$394	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$586,263	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$784,046	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	FOREIGN TAX RECOVERY	Desc
Exclusion	01	ExclusionCd
Exclusion	$1,160	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,371,863	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,371,863	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

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	ANB	BondNm
EOY Book Value	$2,955,232	EOYBookValueAmt
EOYFMV	$2,955,232	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	ANB	StockNm
EOY Book Value	$21,160,540	EOYBookValueAmt
EOYFMV	$21,160,540	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$1,507,348	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$1,507,348	USGovtObligationsEOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	ACCRUED BOND INTEREST	Desc
BOY Book Value	$45,533	BOYBookValueAmt
EOY Book Value	$35,434	EOYBookValueAmt
EOYFMV	$35,434	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSSES ON INVESTMENTS	Desc
Amt	$1,115,711	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DUES AND OTHER FEES	$6,638	$4,978	$1,660
SCHOLAR RECOGNITION	$8,968		$8,968

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	foreign tax recovery	Desc
Revenue And Expenses Per Books	$1,160	RevenueAndExpensesPerBooksAmt
Net Investment Income	$1,160	NetInvestmentIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	FUTURE FUNDING OBLIGATIONS	Desc
BOY Book Value	$2,950,957	BOYBookValueAmt
EOY Book Value	$3,365,730	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT FEES	CategoryTxt
Amt	$94,783	Amt
Net Investment Income	$89,748	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt
FOREIGN TAX ON INVESTMENTS
FEDERAL TAXES PAID