KERN FAMILY FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- KERN FAMILY FOUNDATION INC (EIN 20-3330559)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-03-31
- IRS object ID
- 201400909349100305
- Schema version
- 2013v3.0
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-03-31T08:42:51-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042442519 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDELSTEIN AND COMPANY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 FEDERAL STREET 9TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021101772 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KERN | BusinessNameControlTxt |
| Phone | 8144522281 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BRUCE KERN SR 3906 STATE STREET | AddressLine1 |
| City | ERIE | City |
| State | PA | State |
| ZIP Code | 16508 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE KERN SR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8144522281 | PhoneNum |
| Signature | 2014-02-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALFONSO PERILLO | PreparerPersonNm |
| PTIN | P00950491 | PTIN |
| Phone | 6172276161 | PhoneNum |
| Preparation | 2014-02-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,197,657 | 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 | $247,695 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $43,666 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $43,666 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $187,367 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $962,363 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $302,322 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $478,728 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $345,988 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $6,650 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,662 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,988 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,555 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $9,205 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,662 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,988 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $106,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $106,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $115,705 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,662 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $111,488 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $363,023 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $344,326 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,268 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,358 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,358 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,265,786 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,195,299 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,195,299 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $159,237 | CorporateBondsBOYAmt |
| Total Assets BOY | $2,429,291 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,197,657 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,197,657 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,429,291 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,197,657 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,429,291 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,197,657 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,429,291 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,197,657 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,429,291 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $363,023 | ExcessRevenueOverExpensesAmt |
| Other Increases | $405,343 | OtherIncreasesAmt |
| Subtotal | $3,197,657 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,197,657 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED SECURITIES | $830,710 | $660,041 | $170,669 | $170,669 | |
| CAPITAL GAINS DIVIDENDS | $131,653 | $131,653 | $131,653 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $302,322 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $108,403 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,263,623 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047889 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $99,067 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,177,037 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045505 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $84,666 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,997,483 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042386 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $108,679 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,704,193 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.063772 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $113,912 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,211,543 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051508 | DistributionYr5Rt |
| Total Distribution | 0.251060 | TotalDistributionRt |
| Average Distribution | 0.050212 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,718,792 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $136,516 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,443 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $139,959 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $111,488 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,887 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,887 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,887 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,760 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,760 | TotalPaymentsAndCreditsAmt |
| Tax Due | $5,127 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | FIDELITY PRIVATE FOUNDATION SERVICE | IndividualWithBooksNm |
| Phone | 8003344438 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SEAPORT BOULEVARD | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02210 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | 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 | 2.00 | $0 | $0 | $0 |
| MARY ALICE KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | DIRECTOR | 0.10 | $0 | $0 | $0 |
| NANCY R KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | DIRECTOR | 0.10 | $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 | 0.10 | $0 | $0 | $0 |
| AMY C KERN | ||||||||
| 3906 STATE STREET | ERIE | PA | 16508 | DIRECTOR | 0.10 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,757,499 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,696 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,760,195 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,760,195 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $41,403 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,718,792 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $135,940 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $135,940 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,887 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,887 | TotalTaxAmt |
| Distributable Before Adj | $129,053 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $129,053 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $129,053 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $111,488 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $111,488 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $111,488 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $129,053 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $111,306 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $111,488 | QualifyingDistributionsAmt |
| Applied To Year1 | $111,306 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $182 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $128,871 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE KERN SR | ContributingManagerNm |
| Contributing Manager | MARY ALICE KERN | 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 STREET | AddressLine1 |
| City | ERIE | City |
| State | PA | State |
| ZIP Code | 16508 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8144522281 | RecipientPhoneNum |
| 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 (10 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ERIE COUNTY AMERICAN RED CROSS | |||||||
| 4961 PITTSBURGH AVENUE | ERIE | PA | 16509 | N/A | PC | COMMUNITY SERVICES | $5,000 |
| HAMOT HEALTH FOUNDATION | |||||||
| 302 FRENCH STREET | ERIE | PA | 16507 | N/A | SO II | HEALTH AND HUMAN SERVICES | $25,000 |
| MERCYHURST UNIVERSITY | |||||||
| 501 EAST 38TH STREET | ERIE | PA | 16546 | N/A | PC | COMMUNITY SERVICES | $10,000 |
| ERIE PLAYHOUSE AND THEATRE | |||||||
| 13 W 10TH STREET | ERIE | PA | 16501 | N/A | PC | ARTS AND CULTURE | $8,000 |
| UNITED WAY OF ERIE COUNTY | |||||||
| 420 W 6TH STREET 200 | ERIE | PA | 16507 | N/A | PC | COMMUNITY SERVICES | $25,000 |
| ERIE HOMES FOR CHILDREN AND ADULTS INC | |||||||
| 226 E 27TH STREET | ERIE | PA | 16504 | N/A | PC | COMMUNITY SERVICES | $5,000 |
| ERIE COUNTY HISTORICAL SOCIETY | |||||||
| 419 STATE STREET | ERIE | PA | 16501 | N/A | PC | ARTS AND CULTURE | $5,000 |
| ERIE COUNTY CASA INC | |||||||
| 1311 W 26TH STREET | ERIE | PA | 16508 | N/A | PC | HEALTH AND HUMAN SERVICES | $1,500 |
| ARTS COUNCIL OF ERIE | |||||||
| 700 MAIN STREET 1 | BUFFALO | NY | 14202 | N/A | PC | ARTS AND CULTURE | $5,000 |
| FIDELITY CHARITABLE GIFT FUND | |||||||
| PO BOX 770001 | CINCINNATI | OH | 45277 | N/A | PC | ARTS AND CULTURE | $17,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $106,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,666 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $187,367 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $231,033 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $231,033 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| BRUCE KERN SR | ||||||
| 1 | 3906 STATE STREET | ERIE | PA | 16508 | $34,920 | Yes (X) |
| BRUCE KERN SR | ||||||
| 2 | 3906 STATE STREET | ERIE | PA | 16508 | $24,710 | Yes (X) |
| B SCOTT KERN | ||||||
| 3 | 3906 STATE STREET | ERIE | PA | 16508 | $23,980 | Yes (X) |
| CARL BRUCE KERN II | ||||||
| 4 | 3906 STATE STREET | ERIE | PA | 16508 | $75,180 | Yes (X) |
| MARY ALICE KERN | ||||||
| 5 | 3906 STATE STREET | ERIE | PA | 16508 | $88,905 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 350 SHARES OF FIDELITY CONTRAFUND | $34,920 | 2013-12-04 |
| 2 | 500 SHARES OF FIDELITY LOW PRICED STOCK FUND | $24,710 | 2013-12-04 |
| 3 | 500 SHARES OF STERIS CORPORATION | $23,980 | 2013-12-26 |
| 4 | 2000 SHARES OF PT TELEKOMUNIKASI INDONESIA | $75,180 | 2013-08-26 |
| 5 | 500 SHARES OF ISHARES S&P 500 INDEX FUND | $88,905 | 2013-11-04 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DISTRIBUTIONS TO A DONOR-ADVISED FUND | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART VII-A, LINE 12 | FormAndLineReferenceDesc |
| Medium Explanation | THE DISTRIBUTION OF $17,000 WAS MADE TO A DONOR ADVISED FUND AT FIDELITY CHARITABLE GIFT FUND OVER WHICH ONE OF THE DIRECTORS HAS ADVISORY PRIVILEDGES. THE FOUNDATION TREATED THIS DISTRIBUTION AS A QUALIFYING DISTRIBUTION BECAUSE THE FUNDS WILL BE DIRECTED TO SIMILIAR IF NOT THE SAME PUBLIC CHARITIES THAT THE FOUNDATION GRANTS TO. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | FIDELITY INVESTMENTS | StockNm |
| EOY Book Value | $3,195,299 | EOYBookValueAmt |
| EOYFMV | $3,195,299 | EOYFMVAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAIN ON INVESTMENTS | Description |
| Amount | $405,343 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FPFS FEES | CategoryTxt |
| Amt | $6,650 | Amt |
| Net Investment Income | $1,662 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,988 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $2,555 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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