DR DONALD N & JANE L BERNING: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- DR DONALD N & JANE L BERNING (EIN 45-2457323)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201533209349102453
- 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
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- 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 | 2015-11-16T13:44:30-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 452457323 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dr Donald N & Jane L Berning | BusinessNameLine1Txt |
| Business Name Line2 | Private Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DRDO | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ronald Jack Benson | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2015-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,513,926 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $717 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $717 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $91,580 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,458 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $13,300 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $13,300 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$37,354 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$105,664 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,287,653 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $145,229 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $533,468 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $523,094 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $533,401 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $688,798 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $234 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $234 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,922 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,922 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $10,531 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,931 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $18,363 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $18,363 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $2,211 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,211 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $63,160 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,717 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $43,443 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $98,421 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $50,933 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $45,888 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $117,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $117,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $215,921 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $50,933 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $163,388 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $317,480 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $637,865 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $505,098 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $573,579 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $573,579 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,330,651 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $14,112 | CorporateStockBOYAmt |
| Corporate Stock EOY | $498,455 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $506,279 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $615,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $36,317 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $597,046 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $578,683 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $600,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $6,933,071 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,030,415 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,834,068 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,379,978 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,681,132 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,513,926 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $16,326 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $16,326 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $10,363,652 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,681,132 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,363,652 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,681,132 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,379,978 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,681,132 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,363,652 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $317,480 | ExcessRevenueOverExpensesAmt |
| Subtotal | $10,681,132 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $10,681,132 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $2,287,653 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,142,424 | CostOrOtherBasisAmt |
| Gain Or Loss | $145,229 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $145,229 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $145,229 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $214,660 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $9,390,695 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.022859 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $349,522 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,550,398 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.062972 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $6,609 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $196,973 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.033553 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $0 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $0 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.0 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.119384 | TotalDistributionRt |
| Average Distribution | 0.039795 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $9,392,545 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $373,776 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,379 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $380,155 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $163,388 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,757 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,757 | SubtotalAmt |
| Tax Based On Investment Income | $12,757 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,600 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $2,122 | AppliedToEsTaxAmt |
| Total Payments And Credits | $5,722 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $7,035 | 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 | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| 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 |
|---|---|---|---|---|---|---|
| Brooks D Benson | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec | 1.0 | $0 |
| Faith Benson | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec | 1.0 | $0 |
| Jack Benson | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres / Dir | 15.0 | $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 | $1,507,795 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $700,131 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,327,653 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,535,579 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,535,579 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $143,034 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,392,545 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $469,627 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $469,627 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,757 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,757 | TotalTaxAmt |
| Distributable Before Adj | $456,870 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $456,870 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $456,870 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $163,388 | 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 | $163,388 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $163,388 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $456,870 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $160,606 | UndistributedIncomePYAmt |
| Prior Year1 | 2012 | PriorYear1Yr |
| Prior Year2 | 2011 | PriorYear2Yr |
| Prior Year3 | 2010 | PriorYear3Yr |
| Qualifying Distributions | $163,388 | QualifyingDistributionsAmt |
| Applied To Year1 | $160,606 | AppliedToYear1Amt |
| Applied To Current Year | $2,782 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $454,088 | 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 | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| NORTHERN KENTUCKY AREA DEVELOPMENT DISTRICT | |||||||
| 22 SPIRAL DR | FLORENCE | KY | 41042 | N/A | PC | Meals on Wheels | $100,000 |
| SUNRISE CHILDRENS SERVICES | |||||||
| PO BOX 1429 | MT WASHINGTON | KY | 40047 | N/A | PC | General & Unrestricted | $17,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $117,500 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $717 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $91,580 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$37,354 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$105,664 | 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 (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| INCOME FROM ANNUITIES | 14 | $523,094 |
| INCOME FROM LIFE INSURANCE POLICIES | 14 | $10,374 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $482,747 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $482,747 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BOOKKEEPING SERVICES | CategoryTxt |
| Amt | $234 | Amt |
| Disbursements Charitable Prps | $234 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brooks D Benson | PersonNm |
| Short Explanation | *Resigned from foundation in 2014. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| BUILDING - 1 SUNNY | 2012-12-31 | $190,000 | $6,909 | SL | 27 | $6,909 | $6,909 | $6,909 |
| BUILDING - 1160 BR | 2012-12-31 | $300,000 | $10,909 | SL | 27 | $10,909 | $10,909 | $10,909 |
| LAND - 1 SUNNYMEDE | 2012-12-31 | $35,000 | $0 | |||||
| LAND - 1160 BRECKE | 2012-12-31 | $75,000 | $0 | |||||
| IMPROVEMENTS-1160 | 2013-10-01 | $15,000 | $136 | SL | 27 | $545 | $545 | $545 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE INC | $85,835 | $82,784 |
| AT&T, INC | $68,570 | $67,180 |
| BIOMARIN PHARMACEUTICAL INC | $53,086 | $54,240 |
| CELGENE CORP | $28,275 | $27,965 |
| EBAY INC | $26,247 | $28,060 |
| GENERAL MOTORS | $1,873 | $3,666 |
| GENERAL MOTORS CO WARRANT A | $1,509 | $2,383 |
| GENERAL MOTORS CO WARRANT B | $1,050 | $1,615 |
| GENERAL MOTORS NOTE 7.25% 2/15 | ||
| ISIS PHARMACEUTICALS, INC | $28,279 | $30,870 |
| LEUCADIA NATL CORP | $24,233 | $22,420 |
| MASTERCARD INC | $51,148 | $51,696 |
| MCCORMICK & CO | $25,895 | $26,005 |
| MOTORS LIQ CO GUC TR UBI | $306 | $481 |
| NORDSTROM INC | $27,035 | $29,771 |
| STARBUCKS CORP COM | $27,764 | $28,718 |
| WALT DISNEY HOLDINGS CO | $27,761 | $28,257 |
| WHOLE FOODS MARKET, INC | $19,589 | $20,168 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| BUILDING - 1 SUNNY1 | $190,000 | $13,818 | $176,182 |
| BUILDING - 1160 BR1 | $300,000 | $21,818 | $278,182 |
| LAND - 1 SUNNYMEDE | $35,000 | $0 | $35,000 |
| LAND - 1160 BRECKE | $75,000 | $0 | $75,000 |
| IMPROVEMENTS-1160 | $15,000 | $681 | $14,319 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN NATIONAL - ANNUITY P | $700,000 | $636,300 |
| AMERICO FIN - ANNUITY R0057535 | $526,003 | $470,056 |
| AMERICO FIN - ANNUITY R0059225 | $987,874 | $880,533 |
| ASSURITY LIFE INSURANCE CO - P | $301,000 | $222,132 |
| ATHENE - ANNUITY 148688 | $1,099,687 | $932,499 |
| ATHENE - ANNUITY 138443 | $977,439 | $852,388 |
| EQUITRUST - ANNUITY POLICY | $935,364 | $737,898 |
| EQUITRUST LIFE INSURANCE CO - | $285,972 | $265,954 |
| F&G - ANNUITY L9241745 | $879,324 | $747,425 |
| F&G - ANNUITY R0023224 | $1,000,000 | $869,493 |
| JACKSON NATIONAL - ANNUITY POL | $461,139 | $461,139 |
| NATIONAL WESTERN - ANNUITY POL | $876,613 | $758,251 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $43,418 | $43,418 | |
| Bank Charges | $280 | $280 | |
| Equipment/Furniture Purchase | $2,089 | $2,089 | |
| INVESTMENT PROPERTY EXPENSES | $7,409 | $7,409 | |
| PROPERTY INSURANCE | $7,489 | $7,489 | |
| REPAIRS AND MAINTENANCE | $2,450 | $2,450 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| income from annuities | $523,094 | $523,094 |
| Income from life insurance policies | $10,374 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUND ADVANCED BY PF AGENT | Desc |
| BOY Book Value | $16,326 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL MAINTENANCE SVCS | CategoryTxt |
| Amt | $3,922 | Amt |
| Net Investment Income | $3,922 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2014 | $1,600 | |
| Property Taxes | $8,931 | $8,931 |
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