KERN FAMILY FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- KERN FAMILY FOUNDATION INC (EIN 20-3330559)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-14
- IRS object ID
- 201531349349100728
- 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
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-14T08:29:13-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | 2402 W 8th Street | AddressLine1Txt |
| City | Erie | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16505 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203330559 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KERN FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BRUCE KERN SR | InCareOfNm |
| Business Name Control | KERN | BusinessNameControlTxt |
| Phone | 8144522281 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BRUCE KERN SR | AddressLine1Txt |
| Address Line2 | 3906 STATE STREET Suite | AddressLine2Txt |
| City | ERIE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16508 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE KERN SR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8144522281 | PhoneNum |
| Signature | 2015-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey E Beach | PreparerPersonNm |
| PTIN | P00354019 | PTIN |
| Phone | 8144522281 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,072,089 | 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 | $891,415 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $51,728 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $51,728 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $99,292 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $560,725 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $99,292 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $90,322 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $90,322 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,132,757 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $241,342 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Taxes Rev And Expnss | $12,844 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $797 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $12,844 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $797 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $129,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $129,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $142,344 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $797 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $129,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $990,413 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $240,545 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,358 | CashBOYAmt |
| Cash EOY | $568,982 | CashEOYAmt |
| Cash EOYFMV | $568,982 | CashEOYFMVAmt |
| Corporate Stock BOY | $2,789,956 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,503,107 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,503,107 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $2,792,314 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,072,089 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,072,089 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $2,792,314 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,072,089 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,792,314 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,072,089 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,792,314 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,072,089 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,792,314 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $990,413 | ExcessRevenueOverExpensesAmt |
| Other Increases | $289,362 | OtherIncreasesAmt |
| Subtotal | $4,072,089 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,072,089 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| NATIONAL FINANCIAL | P | 2014-12-31 | $112,616 | $92,255 | $20,361 | $20,361 |
| NATIONAL FINANCIAL | P | 2014-12-31 | $448,109 | $369,178 | $78,931 | $78,931 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $99,292 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $111,488 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,718,792 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.041006 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $108,403 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,263,623 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.047889 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $99,067 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,177,037 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045505 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $84,666 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,997,483 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042386 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $108,679 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,704,193 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.063772 | DistributionYr5Rt |
| Total Distribution | 0.240558 | TotalDistributionRt |
| Average Distribution | 0.048112 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,483,943 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $167,619 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,405 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $170,024 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $129,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,811 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,811 | SubtotalAmt |
| Tax Based On Investment Income | $4,811 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,920 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,920 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,109 | OverpaymentAmt |
| Applied To ES Tax | $2,109 | 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 |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUCE KERN SR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8144522281 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3906 STATE STREET | AddressLine1Txt |
| City | ERIE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16508 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | 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 |
| 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BRUCE KERN SR | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | PRESIDENT | 2.0 | $0 | $0 | $0 |
| NANCY R KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | DIRECTOR | 0.1 | $0 | $0 | $0 |
| B SCOTT KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | SECRETARY | 0.25 | $0 | $0 | $0 |
| C BRUCE KERN II | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | TREASURER | 0.25 | $0 | $0 | $0 |
| BONNIE KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | DIRECTOR | 0.1 | $0 | $0 | $0 |
| AMY C KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | DIRECTOR | 0.1 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,487,225 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $49,773 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,536,998 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,536,998 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $53,055 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,483,943 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $174,197 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $174,197 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,811 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,811 | TotalTaxAmt |
| Distributable Before Adj | $169,386 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $169,386 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $169,386 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $129,500 | 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 | $129,500 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $129,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $169,386 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $128,871 | UndistributedIncomePYAmt |
| Prior Year1 | 2012 | PriorYear1Yr |
| Prior Year2 | 2011 | PriorYear2Yr |
| Prior Year3 | 2010 | PriorYear3Yr |
| Qualifying Distributions | $129,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $128,871 | AppliedToYear1Amt |
| Applied To Current Year | $629 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $168,757 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE KERN SR | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BRUCE KERN SR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3906 STATE ST | AddressLine1Txt |
| City | ERIE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | CBKN@MINDSPRING.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | GRANTEES MUST WRITE A LETTER TO THE FOUNDATION STATING THE PURPOSE OF THE GRANT, THE AMOUNT REQUESTED AND PROOF OF 501(C)(3) STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | PREFERENCE TO ERIE, PA REGION | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| EDINBORO UNIVERSITY FOUNDATION FOR PORRECO COLLEGE | ||||||
| 210 MEADVILLE STREET | EDINBORO | PA | 16444 | PC | SCHOLARSHIPS | $50,000 |
| UNITED WAY OF ERIE COUNTY | ||||||
| 420 W 6TH STREET 200 | ERIE | PA | 16507 | PC | COMMUNITY SERVICES | $25,000 |
| ARTS COUNCIL OF ERIE | ||||||
| 700 MAIN STREET 1 | BUFFALO | NY | 14202 | PC | ARTS AND CULTURE | $5,000 |
| ERIE COUNTY AMERICAN RED CROSS | ||||||
| 4961 PITTSBURGH AVENUE | ERIE | PA | 16509 | PC | COMMUNITY SERVICES | $5,000 |
| ERIE PLAYHOUSE AND THEATRE | ||||||
| 13 WEST 10TH STREET | ERIE | PA | 16501 | PC | ARTS AND CULTURE | $2,500 |
| HAMOT HEALTH FOUNDATION | ||||||
| 302 FRENCH STREET | ERIE | PA | 16507 | PC | HEALTH AND HUMAN SERVICES | $5,000 |
| ERIE ZOOLOGICAL SOCIETY | ||||||
| PO BOX 3268 | ERIE | PA | 16508 | PC | COMMUNITY SERVICE | $2,500 |
| ERIE COUNTY HISTORICAL SOCIETY | ||||||
| 419 STATE STREET | ERIE | PA | 16501 | PC | ARTS AND CULTURE | $10,000 |
| TREC | ||||||
| 8342 PLATZ ROAD | FAIRVIEW | PA | 16415 | PC | OPERATIONS | $7,500 |
| ERIE HOMES FOR CHILDREN AND ADULTS | ||||||
| 226 EAST 27TH STREET | ERIE | PA | 16504 | PC | COMMUNITY SERVICES | $5,000 |
| SAFENET | ||||||
| 1702 FRENCH STREET | ERIE | PA | 16501 | PC | COMMUNITY SERVICES | $2,000 |
| MERCYHURST UNIVERSITY | ||||||
| 501 EAST 38TH STREET | ERIE | PA | 16546 | PC | COMMUNITY SERVICE | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $129,500 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $51,728 | 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 | $99,292 | 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 | CAPITAL GAIN DISTRIBUTIONS | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $90,322 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $241,342 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $241,342 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| MARY ALICE KERN ESTATE | |||||||
| 1 | C/O 3906 STATE STREET | ERIE | PA | 16508 | $500,000 | Yes (X) | |
| BRUCE KERN | |||||||
| 2 | 3906 STATE STRET | ERIE | PA | 16508 | $366,415 | Yes (X) | Yes (X) |
| B SCOTT KERN | |||||||
| 3 | 5362 WOLF ROAD | ERIE | PA | 16505 | $25,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 8375.209 SHS FIDELITY LEVERAGED CO STOCK (FLVCX) | NoncashPropertyDesc |
| Fair Market Value | $366,415 | FairMarketValueAmt |
| Received | 2014-12-17 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | FIDELITY INVESTMENTS | StockNm |
| EOY Book Value | $3,503,107 | EOYBookValueAmt |
| EOYFMV | $3,503,107 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NATIONAL FINANCIAL SERVICES-CAPITAL GAIN | Desc |
| Revenue And Expenses Per Books | $90,322 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $90,322 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $289,362 | Amt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE KERN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3906 STATE STRET | AddressLine1Txt |
| City | ERIE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16508 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $797 | $797 |
| EXCISE TAXES | $12,047 |
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