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VESS FAMILY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
VESS FAMILY FOUNDATION (EIN 45-3974304)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-05-14
IRS object ID
201421349349101667
Schema version
2013v3.1
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)
Return2014-05-14T12:00:54-00:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Richard J Koll CPABusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18100 E 22nd St N 1800AddressLine1
CityWichitaCity
StateKSState
ZIP Code67226ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453974304EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Vess Family FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlVESSBusinessNameControlTxt
Phone3166821537PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11700 Waterfront Parkway Bldg 500AddressLine1
CityWichitaCity
StateKSState
ZIP Code67206ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJ Michael VessPersonNm
Person TitleTreasurerPersonTitleTxt
Phone3166821537PhoneNum
Signature2014-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRichard J KollPreparerPersonNm
Phone3166831040PhoneNum
Preparation2014-05-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,032,585FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,400,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$405InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$405InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$69,512DividendsRevAndExpnssAmt
Dividends Net Invst Incm$69,512DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,469,917TotalRevAndExpnssAmt
Total Net Invst Incm$69,917TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$8,775LegalFeesRevAndExpnssAmt
Taxes Rev And Expnss$1,277TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,254TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,652OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,612OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$14,704TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,866TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,093,215ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,093,215ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,107,919TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,866TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,093,215TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$361,998ExcessRevenueOverExpensesAmt
Net Investment Income$64,051NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,034,985CashBOYAmt
Cash EOY$1,326,955CashEOYAmt
Cash EOYFMV$1,326,955CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,930,631SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,117,647SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,117,647SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,015,675CorporateStockBOYAmt
Corporate Stock EOY$1,893,964CorporateStockEOYAmt
Corporate Stock EOYFMV$1,583,260CorporateStockEOYFMVAmt
Other Assets EOY$4,723OtherAssetsEOYAmt
Other Assets EOYFMV$4,723OtherAssetsEOYFMVAmt
Total Assets BOY$4,981,291TotalAssetsBOYAmt
Total Assets EOY$5,343,289TotalAssetsEOYAmt
Total Assets EOYFMV$5,032,585TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$4,981,291RetainedEarningBOYAmt
Retained Earning EOY$5,343,289RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,981,291TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,343,289TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,981,291TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,343,289TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,981,291TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$361,998ExcessRevenueOverExpensesAmt
Subtotal$5,343,289SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,343,289TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$313,316AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$3,880,757NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000.080736DistributionYr1Rt
Total Distribution000.080736TotalDistributionRt
Average Distribution000.040368AverageDistributionRt
Net Vl Noncharitable Assets$4,421,138NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$178,472AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$641NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$179,113AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,093,215QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$641InvestmentIncomeExciseTaxAmt
Subtotal$641SubtotalAmt
Tax Based On Investment Income$641TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,723EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,723TotalPaymentsAndCreditsAmt
Original Return Tax Paid$4,723OriginalReturnTaxPaidAmt
Overpayment$4,082OverpaymentAmt
Applied To ES Tax$4,082AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateKSOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Vess Family FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Phone3166821537PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11700 Waterfront Pkwy Bldg 500AddressLine1
CityWichitaCity
StateKSState
ZIP Code67206ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Rhonda R Vess
1700 Waterfront Parkway Bldg 500WichitaKS67206President002.00$0
J Michael Vess
1700 Waterfront Parkway Bldg 500WichitaKS67206Treasurer002.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,588,021AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,895,721AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$4,723FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,488,465TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$4,488,465AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$67,327CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,421,138NetVlNoncharitableAssetsAmt
Minimum Investment Return$221,057MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$221,057MinimumInvestmentReturnAmt
Tax Based On Investment Income$641TaxBasedOnInvestmentIncomeAmt
Total Tax$641TotalTaxAmt
Distributable Before Adj$220,416DistributableBeforeAdjAmt
Distributable Before Ded$220,416DistributableBeforeDedAmt
Distributable As Adjusted$220,416DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,093,215ExpensesAndContributionsAmt
Qualifying Distributions$1,093,215QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$641PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,092,574AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$220,416DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$121,786ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$121,786TotalExcessDistributionCyovAmt
Qualifying Distributions$1,093,215QualifyingDistributionsAmt
Applied To Current Year$220,416AppliedToCurrentYearAmt
Remaining Distri From Corpus$872,799RemainingDistriFromCorpusAmt
Total Corpus$994,585TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$994,585ExcessDistriCyovToNextYrAmt
Excess From Year1$121,786ExcessFromYear1Amt
Excess From Current Year$872,799ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRhonda R VessContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Anthony Family Shelter
532 N BroadwayWichitaKS67214Unrestricted general fund$12,000
Center of Hope Inc
400 N EmporiaWichitaKS67202Unrestricted general fund$20,000
Dullea Charity Classic - ALS Association
PO Box 20518WichitaKS67208Unrestricted general fund$1,100
MADD
PO Box 304OlatheKS66051Unrestricted general fund$1,000
Operation Holiday
829 N Market StWichitaKS67214Unrestricted general fund$5,000
Salvation Army
350 N Market StWichitaKS67202Unrestricted general fund$5,000
Wichita Community Fdn - Share the Season
301 N Main Suite 100WichitaKS67202Unrestricted general fund$20,000
St Jude Children's Research Hospital
501 St Jude PlaceMemphisTN38105Unrestricted general fund$16,000
St Thomas Aquinas Church
1321 Stratford LaneWichitaKS67206Unrestricted general fund$25,000
Tom's Door
PO Box 755CarbondaleCO81623Unrestricted general fund$16,000
Wichita Children's Home
810 N HolyokeWichitaKS67208Unrestricted general fund$926,615
American Heart Association
7272 Greenville AveDallasTX75231Unrestricted general fund$6,500
Children's Tumor Foundation
95 Pine Street 16th FloorNew YorkNY10005Unrestricted general fund$10,000
St Paul's Newman Center
1810 N Roosevelt StWichitaKS67208Unrestricted general fund$2,500
The Lord's Diner
520 N BroadwayWichitaKS67214Unrestricted general fund$5,000
Wichita Art Museum
1400 W Museum BlvdWichitaKS67203Unrestricted general fund$1,500
Wounded Warrior Project
4899 Belfort Rd Ste 300JacksonvilleFL32256Unrestricted general fund$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,093,215TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Business900099BusinessCd
Unrelated Business Taxbl Incm$405UnrelatedBusinessTaxblIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Business900099BusinessCd
Unrelated Business Taxbl Incm$69,512UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$69,917UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$69,917TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonRhonda R Vess Revocable TrustContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11715 Laurel CoveAddressLine1
CityWichitaCity
StateKSState
ZIP Code67206ZIPCode
FieldValueIRS element (for citing)
Total Contributions$1,400,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
7975 shares of MV OIL TRUST MVO$99,739$189,486
95792 shares of VOC ENERGY TRUST VOC$1,794,225$1,393,774

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal feesCategoryTxt
Legal Fees$8,775LegalFeesAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescFederal tax depositDesc
EOY Book Value$4,723EOYBookValueAmt
EOYFMV$4,723EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative expenses - VOC$4,025$4,025
Kansas annual report fees$40
Administrative expenses - MVO$587$587

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTax on investment incomeCategoryTxt
Amt$1,277Amt
Net Investment Income$1,254NetInvestmentIncomeAmt

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