BETA

GERALD M KLINE FAMILY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
GERALD M KLINE FAMILY FOUNDATION (EIN 94-3316362)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-02-06
IRS object ID
201510379349100506
Schema version
2013v4.0
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)
Return2015-02-06T19:25:41-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN946214841PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARMANINO LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112657 ALCOSTA BLVD SUITE 500AddressLine1
CitySAN RAMONCity
StateCAState
ZIP Code945834600ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN943316362EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GERALD M KLINE FAMILY FOUNDATIONBusinessNameLine1
Business Name Line2C/O JOHN BRYCHEL CPABusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlGERABusinessNameControlTxt
Phone9257902600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112657 ALCOSTA BLVD NO 500AddressLine1
CitySAN RAMONCity
StateCAState
ZIP Code945834427ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGERALD KLINEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5106556200PhoneNum
Signature2014-12-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN BRYCHELPreparerPersonNm
PTINP00544694PTIN
Phone9257902600PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$15,147,507FMVAssetsEOYAmt
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$9InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$9InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$752,810DividendsRevAndExpnssAmt
Dividends Net Invst Incm$752,810DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$752,819TotalRevAndExpnssAmt
Total Net Invst Incm$752,819TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$31,162AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$15,581AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$15,581AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$85,342TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$160TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$116,504TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$15,581TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$15,741TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,000,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,000,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,116,504TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$15,581TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,015,741TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$363,685ExcessRevenueOverExpensesAmt
Net Investment Income$737,238NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,115,051CashBOYAmt
Cash EOY$4,061,260CashEOYAmt
Cash EOYFMV$4,061,260CashEOYFMVAmt
Sav And Temp Cash Invst BOY$16,943SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$16,952SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$16,952SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$6,473,453OtherInvestmentsBOYAmt
Other Investments EOY$8,973,453OtherInvestmentsEOYAmt
Other Investments EOYFMV$8,973,453OtherInvestmentsEOYFMVAmt
Other Assets BOY$1,905,745OtherAssetsBOYAmt
Other Assets EOY$2,095,842OtherAssetsEOYAmt
Other Assets EOYFMV$2,095,842OtherAssetsEOYFMVAmt
Total Assets BOY$15,511,192TotalAssetsBOYAmt
Total Assets EOY$15,147,507TotalAssetsEOYAmt
Total Assets EOYFMV$15,147,507TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$15,511,192RetainedEarningBOYAmt
Retained Earning EOY$15,147,507RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$15,511,192TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$15,147,507TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$15,511,192TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$15,147,507TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$15,511,192TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$363,685ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$15,147,507SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$15,147,507TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxYes (1)LiableSection4942TaxInd

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$14,745InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$14,745SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$14,745TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$20,231EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$20,000AppliedToEsTaxAmt
Total Payments And Credits$40,231TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$25,486OverpaymentAmt
Applied To ES Tax$25,486AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksARMANINOLLP ATTNJOHN BIndividualWithBooksNm
Phone9257902600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line112657 ALCOSTA BLVD STE 500AddressLine1
CitySAN RAMONCity
StateCAState
ZIP Code945834600ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonGERALD M KLINEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 MENDOCINO AVEAddressLine1
CityBERKELEYCity
StateCAState
ZIP Code94707ZIPCode
FieldValueIRS element (for citing)
TitleCEO, SEC., CFOTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,222,469AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$9,566,693FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$12,789,162TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$12,789,162AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$191,837CashDeemedCharitableAmt
Net Vl Noncharitable Assets$12,597,325NetVlNoncharitableAssetsAmt
Minimum Investment Return$629,866MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$629,866MinimumInvestmentReturnAmt
Tax Based On Investment Income$14,745TaxBasedOnInvestmentIncomeAmt
Total Tax$14,745TotalTaxAmt
Distributable Before Adj$615,121DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$615,121DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$615,121DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,015,741ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,015,741QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,015,741AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$615,121DistributableAsAdjustedAmt
Undistributed Income PY$613,897UndistributedIncomePYAmt
Prior Year12011PriorYear1Yr
Prior Year22010PriorYear2Yr
Prior Year32008PriorYear3Yr
Total For Prior Years$207,273TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$1,015,741QualifyingDistributionsAmt
Applied To Year1$613,897AppliedToYear1Amt
Applied To Prior Years$207,273AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$194,571AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$420,550UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerGERALD M KLINEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHIGAN STATE UNIVERSITYBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1100 LIBRARYAddressLine1
CityEASH LANSINGCity
StateMIState
ZIP Code488241228ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation Status509(A)(1)RecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL LIBRARY OPERATIONSGrantOrContributionPurposeTxt
Amt$1,000,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,000,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$752,810ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$752,819ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$752,819TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$31,162Amt
Net Investment Income$15,581NetInvestmentIncomeAmt
Disbursements Charitable Prps$15,581DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
ElectionTHE FOUNDATION IS MAKING THE ELECTION UNDER TREASURY REGULATIONS SEC. 53.4942(A)-3(D)(2) TO APPLY ALL OF THE REMAINING DISTRIBUTIONS TO THE UNDISTRIBUTED INCOME REMAINING FROM YEARS PRIOR TO 2012.ElectionDesc

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (11 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
CYPRESS #2 NOTEAT COST$838,807$838,807
TRINITY HOUSE-VINTAGE NOTEAT COST$500,000$500,000
ESPLANADE NOTEAT COST$300,000$300,000
TRI-NOTEAT COST$334,646$334,646
VINTAGE @ SOUTH MEADOWSAT COST$500,000$500,000
HIDDEN LAKEAT COST$1,500,000$1,500,000
HERITAGE GREENAT COST$500,000$500,000
RIVER OAKSAT COST$500,000$500,000
MILL SPRINGSAT COST$1,000,000$1,000,000
CORTLAND VILLAGEAT COST$1,000,000$1,000,000
GREENERYAT COST$2,000,000$2,000,000

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescACCRUED INTEREST ON NOTESDesc
BOY Book Value$1,905,745BOYBookValueAmt
EOY Book Value$2,095,842EOYBookValueAmt
EOYFMV$2,095,842EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL TAXES$85,182$0$0
STATE TAXES$160$0$160

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.