THE TEN TALENT FOUNDATION LTD: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THE TEN TALENT FOUNDATION LTD (EIN 39-1822359)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-21
IRS object ID
201511419349100501
Schema version
2014v5.0
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)
Return2015-05-21T08:54:03-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200503877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SEBER TANS PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1555 W CROSSTOWN PARKWAY STE 304AddressLine1Txt
CityKALAMAZOOCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49008ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN391822359EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE TEN TALENTS FOUNDATION LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTENTBusinessNameControlTxt
Phone2692172002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12435 WAITE AVENUEAddressLine1Txt
CityKALAMAZOOCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49008ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAM CUPPSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2692172002PhoneNum
Signature2015-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN M VALENTINEPreparerPersonNm
PTINP01369471PTIN
Phone2693438180PhoneNum
Preparation2015-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$636,958FMVAssetsEOYAmt
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$6InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,398DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,398DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$107,903NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,990,481GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$107,903CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$109,307TotalRevAndExpnssAmt
Total Net Invst Incm$109,307TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,645AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,645AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$2,500TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$2,500TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$257OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$257OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$4,402TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,402TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$36,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$36,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$40,402TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$40,402TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$68,905ExcessRevenueOverExpensesAmt
Net Investment Income$109,307NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$43,774SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$114,870SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$114,870SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$503,681CorporateStockBOYAmt
Corporate Stock EOY$500,228CorporateStockEOYAmt
Corporate Stock EOYFMV$522,088CorporateStockEOYFMVAmt
Total Assets BOY$547,455TotalAssetsBOYAmt
Total Assets EOY$615,098TotalAssetsEOYAmt
Total Assets EOYFMV$636,958TotalAssetsEOYFMVAmt
Other Liabilities BOY$1,262OtherLiabilitiesBOYAmt
Total Liabilities BOY$1,262TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$546,193RetainedEarningBOYAmt
Retained Earning EOY$615,098RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$546,193TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$615,098TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$547,455TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$615,098TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$546,193TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$68,905ExcessRevenueOverExpensesAmt
Subtotal$615,098SubtotalAmt
Tot Net Ast Or Fund Balances EOY$615,098TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyGOLDMAN SACHSPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$1,990,481GrossSalesPriceAmt
Cost Or Other Basis$1,882,578CostOrOtherBasisAmt
Gain Or Loss$107,903GainOrLossAmt
Gains Minus Excess Or Losses$107,903GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$107,903CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$107,903NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,087AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$391,134NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.089706DistributionYr1Rt
Adjusted Qlfy Distri Yr2$31,955AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$430,729NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.074188DistributionYr2Rt
Adjusted Qlfy Distri Yr3$22,913AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$440,853NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.051974DistributionYr3Rt
Adjusted Qlfy Distri Yr4$18,660AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$327,032NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.057059DistributionYr4Rt
Adjusted Qlfy Distri Yr5$16,786AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$256,621NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.065412DistributionYr5Rt
Total Distribution0.338339TotalDistributionRt
Average Distribution0.067668AverageDistributionRt
Net Vl Noncharitable Assets$321,093NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$21,728AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,093NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$22,821AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$40,402QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,093InvestmentIncomeExciseTaxAmt
Subtotal$1,093SubtotalAmt
Tax Based On Investment Income$1,093TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,777EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,777TotalPaymentsAndCreditsAmt
Overpayment$684OverpaymentAmt
Applied To ES Tax$684AppliedToESTaxAmt

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 StateWIOrgReportOrRegisterStateCd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
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 AddressWWW.TENTALENTSFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksSAMUEL H CUPPSIndividualWithBooksNm
Phone2693828050PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12435 WAITE AVENUEAddressLine1Txt
CityKALAMAZOOCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49008ZIPCd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ANDREW S CUPPS
1853 N HOWE STREETCHICAGOIL60614PRESIDENT0.10$0$0$0
STEVEN DONOGHUE
1415 PARKER 665DETROITMI48214VICE-PRES0.10$0$0$0
SAMUEL H CUPPS
2435 WAITE AVENUEKALAMAZOOMI49008TREASURER0.10$0$0$0
CAROLE D CUPPS
2435 WAITE AVENUEKALAMAZOOMI49008SECRETARY0.10$0$0$0
DANIELLE CUPPS
1853 N HOWE STREETCHICAGOIL60614DIRECTOR0.10$0$0$0
LAURA DONOGHUE
1415 PARKER 665DETROITMI48214DIRECTOR0.10$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$275,921AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$50,062AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$325,983TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$325,983AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,890CashDeemedCharitableAmt
Net Vl Noncharitable Assets$321,093NetVlNoncharitableAssetsAmt
Minimum Investment Return$16,055MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$16,055MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,093TaxBasedOnInvestmentIncomeAmt
Total Tax$1,093TotalTaxAmt
Distributable Before Adj$14,962DistributableBeforeAdjAmt
Distributable Before Ded$14,962DistributableBeforeDedAmt
Distributable As Adjusted$14,962DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$40,402ExpensesAndContributionsAmt
Qualifying Distributions$40,402QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,093PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$39,309AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,962DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$3,955ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,236ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,513ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$11,217ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$17,768ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$39,689TotalExcessDistributionCyovAmt
Qualifying Distributions$40,402QualifyingDistributionsAmt
Applied To Current Year$14,962AppliedToCurrentYearAmt
Remaining Distri From Corpus$25,440RemainingDistriFromCorpusAmt
Total Corpus$65,129TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,955ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$61,174ExcessDistriCyovToNextYrAmt
Excess From Year4$3,236ExcessFromYear4Amt
Excess From Year3$3,513ExcessFromYear3Amt
Excess From Year2$11,217ExcessFromYear2Amt
Excess From Year1$17,768ExcessFromYear1Amt
Excess From Current Year$25,440ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
JUNIOR ACHIEVEMENT
2775 W DICKMAN RDBATTLE CREEKMI49037NONEPUBLICGENERAL SUPPORT$6,000
KIPP FOUNDATION
135 MAIN ST SUITE 1700SAN FRANCISCOCA94105NONEPUBLICGENERAL SUPPORT$10,000
NEW LEADERS
17 N STATE ST SUITE 1790CHICAGOIL60602NONEPUBLICGENERAL SUPPORT$15,000
KIPP - CHICAGO
1945 S HALSTED SUITE 101CHICAGOIL60608NONEPUBLICGENERAL SUPPORT$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$36,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,398ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$107,903ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$109,307ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$109,307TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,645Amt
Disbursements Charitable Prps$1,645DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSTOCK INVESTMENTSStockNm
EOY Book Value$500,228EOYBookValueAmt
EOYFMV$522,088EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
WEB HOSTING$48$48
NATIONAL REGISTERED AGENTS-WI$189$189
STATE FILING FEES-MI$20$20

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescUNCLEARED TRADESDesc
BOY Book Value$1,262BOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXCategoryTxt
Amt$2,500Amt
Disbursements Charitable Prps$2,500DisbursementsCharitablePrpsAmt

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