FURP.ORG / PUBLIC DATA EXPLORER

M B KAHN FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
M B KAHN FOUNDATION INC (EIN 57-6024465)
Tax period
2012-10-01 to 2013-09-30
Filed
2014-01-22
IRS object ID
201400229349100400
Schema version
2012v2.1
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)
Timestamp2014-01-22T09:05:29-06:00Timestamp
Tax Period End Date2013-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN570381582EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ELLIOTT DAVIS LLCPLLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11901 MAIN STREET SUITE 900AddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29201ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN576024465EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1M B KAHN FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMBKANameControl
Phone8037363325Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 1608AddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29202ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameALAN B KAHNName
TitlePRESIDENTTitle
Phone8037363325Phone
Date Signed2014-01-13DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWILLIAM F QUATTLEBAUM CPAName
PTINP00323017PTIN
Phone8032560002Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY59149FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss38796ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss69InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm69InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses38865TotalRevenueAndExpenses
Total Net Investment Income69TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss490AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss3TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss493TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss65030ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps65030ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss65523TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps65030TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-26658ExcessOfRevenueOverExpenses
Net Investment Income69NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY85807CashBOY
Cash EOY59149CashEOY
Cash EOYFMV59149CashEOYFMV
Total Assets BOY85807TotalAssetsBOY
Total Assets EOY59149TotalAssetsEOY
Total Assets EOYFMV59149TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY85807RetainedEarningsBOY
Retained Earnings EOY59149RetainedEarningsEOY
Total Net Assets BOY85807TotalNetAssetsBOY
Total Net Assets EOY59149TotalNetAssetsEOY
Total Liabilities Net Assets BOY85807TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY59149TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY85807TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-26658ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal59149Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY59149TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year156828QualifyingDistributionsYear1
Noncharitable Assets Year1104199NoncharitableAssetsYear1
Distribution Ratio Year10.545380DistributionRatioYear1
Qualifying Distributions Year273543QualifyingDistributionsYear2
Noncharitable Assets Year2140671NoncharitableAssetsYear2
Distribution Ratio Year20.522801DistributionRatioYear2
Qualifying Distributions Year3233182QualifyingDistributionsYear3
Noncharitable Assets Year357755NoncharitableAssetsYear3
Distribution Ratio Year34.037434DistributionRatioYear3
Qualifying Distributions Year4170805QualifyingDistributionsYear4
Noncharitable Assets Year474669NoncharitableAssetsYear4
Distribution Ratio Year42.287495DistributionRatioYear4
Qualifying Distributions Year5191564QualifyingDistributionsYear5
Noncharitable Assets Year534493NoncharitableAssetsYear5
Distribution Ratio Year55.553707DistributionRatioYear5
Total Distribution Ratio12.946817TotalDistributionRatio
Average Distribution Ratio2.589363AverageDistributionRatio
Net Noncharitable Assets77131NetNoncharitableAssets
Adjusted Noncharitable Assets199720AdjustedNoncharitableAssets
One Percent Net Investment Income1OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One199721AdjNonchrtblAssetsAndOnePct
Qualifying Distributions65030QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax1InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal1Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income1TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due1TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithSCStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameALAN B KAHNBooksInCareOfPersonName
Books In Care Of Phone Number8037363325BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1101 FLINT LAKE ROADAddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29223ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameALAN B KAHNPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1608AddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29223ZIPCode
FieldValueIRS element (for citing)
TitlePRESIDENTTitle
Avg Hours Per Wk Devoted To Position0.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances78306AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets78306TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets78306AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1175CashDeemedCharitable
Net Noncharitable Assets77131NetNoncharitableAssets
Minimum Investment Return3857MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return3857MinimumInvestmentReturn
Tax Based On Investment Income1TaxBasedOnInvestmentIncome
Total Tax1TotalTax
Distributable Amount Before Adj3856DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded3856DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted3856DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions65030ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions65030QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions65030AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted3856DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5189990ExcessDistriCarryoverYear5
Excess Distri Carryover Year4167075ExcessDistriCarryoverYear4
Excess Distri Carryover Year3230548ExcessDistriCarryoverYear3
Excess Distri Carryover Year266517ExcessDistriCarryoverYear2
Excess Distri Carryover Year151623ExcessDistriCarryoverYear1
Total Excess Distri Carryover705753TotalExcessDistriCarryover
Qualifying Distributions65030QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year3856AppliedToCurrentYear
Remaining Distri From Corpus61174RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus766927TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5189990ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year576937ExcessDistriCyovToNextYear
Excess From Year4167075ExcessFromYear4
Excess From Year3230548ExcessFromYear3
Excess From Year266517ExcessFromYear2
Excess From Year151623ExcessFromYear1
Excess From Current Year61174ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (21 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
CENTRAL CAROLINA COMMUNITY FOUNDATION
2711 MIDDLEBURG DRIVE SUITE 213COLUMBIASC29204PUBLICGENERAL USE$5,000
CHARLESTON SOUTHERN UNIVERSITY
9200 UNIVERSITY BOULEVARDCHARLESTONSC29423PUBLICGENERAL USE$5,000
COLUMBIA JEWISH FEDERATION
306 FLORA DRIVECOLUMBIASC29223PUBLICGENERAL USE$32,700
CULTURAL COUNCIL OF RICHLAND & LEXINGTON COUNTIES
930 RICHLAND STREETCOLUMBIASC29201PUBLICGENERAL USE$2,500
KATIE & IRWIN KAHN JCC
306 FLORA DRIVECOLUMBIASC29224PUBLICGENERAL USE$250
LEXINGTON ONE EDUCATIONAL FOUNDATION
POST OFFICE BOX 1869LEXINGTONSC29071PUBLICGENERAL USE$3,000
MARCH OF DIMES SC CHAPTER
240 STONERIDGE DRIVE SUITE 206COLUMBIASC29210PUBLICGENERAL USE$750
RICHLAND TWO EDUCATION FOUNDATION
6831 BROOKFIELD ROADCOLUMBIASC29206PUBLICGENERAL USE$5,000
SC CAMPAIGN TO PREVENT TEEN PREGNANCY
1331 ELMWOOD AVENUECOLUMBIASC29201PUBLICGENERAL USE$1,000
TEMPLE OF ISRAEL - SHALOMFEST 2013
400 SPRING FOREST ROADGREENVILLESC29615PUBLICGENERAL USE$250
WHITFIELD EDUCATION FOUNDATION
1306 SOUTH THORNTON AVENUEDALTONGA30720PUBLICGENERAL USE$500
YOUNG LIFE
POST OFFICE BOX 5772COLUMBIASC29250PUBLICGENERAL USE$750
USC NAVAL ROTC ALUMNI ASSOCIATION
PO BOX 24677COLUMBIASC29224PUBLICGENERAL USE$400
CAMP DEBBIE LOU
726 LUCKY RUN RDLATTASC29565PUBLICGENERAL USE$250
BOYS & GIRLS CLUB OF THE UPSTATE
PO BOX 2794SPARTANBURGSC29304PUBLICGENERAL USE$250
PALMETTO HEALTH FOUNDATION
1600 MARION STREETCOLUMBIASC29202PUBLICGENERAL USE$5,000
HISTORIC COLUMBIA FOUNDATION ENDOWMENT
1601 RICHLAND STREETCOLUMBIASC29201PUBLICGENERAL USE$100
SUMMERVILLE BAPTIST CHURCH - WORLD FRIENDS
417 CENTRAL AVENUESUMMERVILLESC29483PUBLICGENERAL USE$500
PROVIDENCE ATHLETIC CLUB
270 BROWNING COURTLEXINGTONSC29073PUBLICGENERAL USE$150
AMERICAN HEART ASSOCIATION
2636 ELM HILL PIKE SUITE 200NASHVILLETN37214PUBLICGENERAL USE$1,000
LEXINGTON MEDICAL CENTER
2720 SUNSET BOULEVARDWEST COLUMBIASC29169PUBLICGENERAL USE$680
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year65030TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$69ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$69ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA69TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1M B KAHN CONSTRUCTION CO INCBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1101 FLINTLAKE ROADAddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29223ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions38736AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$490Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryINCOME TAXESCategory
Amount$3Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps