KPMG U S FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KPMG U S FOUNDATION INC (EIN 22-3263347)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201431349349305208
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T13:53:28-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271728945 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ESSEX RD | AddressLine1 |
| City | PARAMUS | City |
| State | NJ | State |
| ZIP Code | 076521412 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223263347 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG DISASTER RELIEF FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KPMG | NameControl |
| Phone | 2013077763 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 CHESTNUT RIDGE ROAD | AddressLine1 |
| City | MONTVALE | City |
| State | NJ | State |
| ZIP Code | 07645 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BERNARD J MILANO | Name |
| Title | PRESIDENT | Title |
| Phone | 2013077763 | Phone |
| Date Signed | 2014-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRIAN M FLYNN | Name |
| PTIN | P00739850 | PTIN |
| Phone | 2017129800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BERNARD J MILANO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 CHESTNUT RIDGE ROAD | AddressLine1 |
| City | MONTVALE | City |
| State | NJ | State |
| ZIP Code | 07645 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 745114 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE IS TO PROVIDE A VEHICLE FOR PARTNERS AND EMPLOYEES OF KPMG LLP TO ASSIST COLLEAGUES WHO HAVE AN IMMEDIATE FINANCIAL NEED AND/OR PERMANENT FINANCIAL LOSS RESULTING FROM A NATURAL DISASTER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 8 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 507796 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 745114 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 507796 | TotalRevenuePriorYear |
| Total Revenue Current Year | 745114 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 693155 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1088298 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17175 | OtherExpensePriorYear |
| Other Expenses Current Year | 40515 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 710330 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1128813 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -202534 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -383699 | RevenuesLessExpensesCY |
| Total Assets BOY | 1188025 | TotalAssetsBOY |
| Total Assets EOY | 804576 | TotalAssetsEOY |
| Total Liabilities BOY | 3500 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3750 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1184525 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 800826 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1093298 | Expense |
| Grants | 1088298 | Grants |
| Description | THE PURPOSE OF THE KPMG DISASTER RELIEF FUND (FUND) IS TO PROVIDE A VEHICLE FOR PARTNERS AND EMPLOYEES OF KPMG LLP (KPMG) TO ASSIST COLLEAGUES WHO HAVE AN IMMEDIATE FINANCIAL NEED AND/OR PERMANENT FINANCIAL LOSS RESULTING FROM A NATURAL DISASTER. THE FUND WILL ACHIEVE ITS OBJECTIVE BY COLLECTING VOLUNTARY CONTRIBUTIONS FROM PARTNERS, EMPLOYEES, RETIREES AND OTHERS. THE FUND MAY ALSO ACCEPT CONTRIBUTIONS FROM KPMG OR FROM AFFILIATED ENTITIES. AMOUNTS WILL BE DISTRIBUTED TO DISASTER VICTIMS ACCORDING TO THE FUND'S POLICIES AND PROCEDURES. IN ADDITION TO PROVIDING DISASTER ASSISTANCE TO KPMG PARTNERS AND EMPLOYEES, THE FUND MAY ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. GENERALLY, SUCH CONTRIBUTIONS TO A PUBLIC CHARITY WILL BE IN RESPONSE TO A NEED CAUSED BY A NATURAL DISASTER. IN RESPONSE TO THE SEPTEMBER 11, 2001 TERRORIST ATTACKS ON THE UNITED STATES, THE STATEMENT OF PURPOSE OF THE FUND WAS AMENDED TO ALLOW IT TO COLLECT VOLUNTARY CONTRIBUTIONS FROM KPMG AND ITS PARTNERS, EMPLOYEES, AND RETIREES, AND FROM ANY OTHER INDIVIDUAL OR ENTITY, AND DISTRIBUTE SUCH CONTRIBUTIONS TO OTHER QUALIFIED ORGANIZATIONS TO PROVIDE BENEFIT TO SURVIVORS AND FAMILIES OF THE VICTIMS OF THE SEPTEMBER 11, 2001 TERRORIST ATTACKS, OR ANY SUCH TRAGEDIES IN THE FUTURE. IN RESPONSE TO THE DECEMBER 2004 TSUNAMI THAT DEVASTATED THE FAR EAST, THE STATEMENT OF PURPOSE OF THE FUND WAS AMENDED TO ALLOW IT TO COLLECT VOLUNTARY CONTRIBUTIONS FROM KPMG AND ITS PARTNERS, EMPLOYEES AND RETIREES, AND FROM ANY OTHER INDIVIDUAL OR ENTITY, AND DISTRIBUTE SUCH CONTRIBUTIONS TO QUALIFIED INTERNATIONAL CHARITABLE ORGANIZATIONS. | Description |
| Total Program Service Expense | 1093298 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD J MILANO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2013077662 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 CHESTNUT RIDGE ROAD | AddressLine1 |
| City | MONTVALE | City |
| State | NJ | State |
| ZIP Code | 07645 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BERNARD J MILANO | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| JOHN COLE | ||||||
| VICE PRESIDENT AND TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| TARA M PERINO | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| SYLVIA BRANDES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LATORIA TORI J CARROLL FARMER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KATHY A H HANNAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRUCE N PFAU | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID L WAGNER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 745114 | AllOtherContributions |
| Total Contributions | 745114 | TotalContributions |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 745114 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 499792 | Total |
| Program Services | 499792 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79413 | Total |
| Program Services | 79413 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 509093 | Total |
| Program Services | 509093 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6665 | Total |
| Management And General | 6665 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28206 | Total |
| Management And General | 28206 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26 | Total |
| Management And General | 26 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| BAD DEBT | 5000 | 5000 | |
| REGISTRATION FEE | 618 | 618 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1128813 | Total |
| Program Services | 1093298 | ProgramServices |
| Management And General | 35515 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1183025 | BOY |
| EOY | 804576 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1188025 | BOY |
| EOY | 804576 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3500 | BOY |
| EOY | 3750 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3500 | BOY |
| EOY | 3750 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46631 | BOY |
| EOY | 24752 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1137894 | BOY |
| EOY | 776074 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1184525 | BOY |
| EOY | 800826 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1188025 | BOY |
| EOY | 804576 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -383699 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 70107 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1637742 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1372706 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 507796 | CurrentTaxYearMinus1Year |
| Current Tax Year | 745114 | CurrentTaxYear |
| Total | 4333465 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 70107 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1637742 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1372706 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 507796 | CurrentTaxYearMinus1Year |
| Current Tax Year | 745114 | CurrentTaxYear |
| Total | 4333465 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1433732 | AmountsSubstContributorsTotal |
| Public Support Total170 | 2899733 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2204 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 495 | CurrentTaxYearMinus3Years |
| Total | 2699 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 4336164 | TotalSupport |
| Public Support Pertcentage170 | 0.66870 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.68680 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 745114 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 745114 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 745114 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1128813 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1128813 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1128813 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2010. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | GRANTMAKING | 21975 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | GRANTMAKING | 487118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 509093 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 509093 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (2 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|
| SOUTH ASIA | PAKISTAN FLOOD | 20125 | CHECK | FMV |
| SUB-SAHARAN AFRICA | MILLENIUM VILLAGE PROJECT | 487118 | CHECK | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 2 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: AS THE ADMINISTRATOR OF THE MILLENIUM VILLAGE PROJECT, OUR KPMG GLOBAL GRANTS PRACTICE IS MONITORING THE USE OF FUNDS AND REPORTS ANNUALLY TO THE DRF BOARD OF DIRECTORS. THERE IS A SIGNED GRANTS AND SERVICES AGREEMENT IN PLACE. THE DRF BOARD APPOINTS A DISASTER RELIEF TASK FORCE (DRTF) TO MAKE RECOMMENDATIONS FOR DISTRIBUTING FUNDS COLLECTED. MEMBERS OF THE DRTF ARE SELECTED ON THE BASIS OF VAST EXPERTISE RELATED TO THE PROJECT AT HAND. PAST MEMBERS INCLUDE JOHN-ANTHONY A. MEZA; AIDAN WALSH; RICK SPEIZMAN; JACK MILLER; TIM STILES; BILL BENTLEY, COO OF THE POINTS OF LIGHT FOUNDATION; AND STEPHEN JORDAN, EXECUTIVE DIRECTOR OF THE U.S. CHAMBER OF COMMERCE CENTER FOR CORPORATE CITIZENSHIP. THE DRTF REVIEWS RECOMMENDATIONS FROM KPMG PARTNERS, EMPLOYEES, AND OTHER KPMG PRACTICES; AND OTHER GENERALLY AVAILABLE INFORMATION. THE DRTF MEETS AS FREQUENTLY AS NECESSARY TO VET ORGANIZATIONS AND DEVELOP RECOMMENDATIONS FOR PRESENTATION TO THE DRF BOARD OF DIRECTORS. THE DRF BOARD OF DIRECTORS REVIEWS DRTF RECOMMENDATIONS ALONG WITH KPMG GLOBAL RELIEF EFFORTS. FINAL DECISIONS ARE MADE AT A SCHEDULED BOARD MEETING OR BY EMAIL BALLOT. INTERNATIONAL AGENCIES RECEIVING FUNDING ARE REQUIRED TO SUBMIT AND REPORT DOCUMENTING THE USE OF FUNDS. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (11 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS | |||||||
| 2025 E STREET NW | WASHINGTONG | DC | 20006 | 530196605 | 501 (C)(3) | 21706 | GENERAL SUPPORT |
| ST ANN'S WAREHOUSE INC | |||||||
| 55 WASHINGTON STREET SUITE 458 | BROOKLYN | NY | 11201 | 112665242 | 501 (C)(3) | 15000 | GENERAL SUPPORT |
| PETER K RUHRY KEYS TO HOPE FOUNDATION | |||||||
| 142 ROXBURTY RD | GARDEN CITY | NY | 11530 | 455427132 | 501 (C)(3) | 10000 | GENERAL SUPPORT |
| CITY HARVEST INC | |||||||
| 6 E 32ND ST 5TH FL | NEW YORK | NY | 10016 | 133170676 | 501 (C)(3) | 15000 | GENERAL SUPPORT |
| ALZHEIMER'S ASSOCIATION | |||||||
| 360 LEXINGTON AVE | NEW YORK | NY | 10017 | 133277408 | 501 (C)(3) | 19000 | GENERAL SUPPORT |
| THE BOWERY MISSION | |||||||
| 132 MADISON AVENUE | NEW YORK | NY | 10016 | 131617086 | 501 (C)(3) | 20000 | GENERAL SUPPORT |
| JUVENILE DIABETES RESEARCH FOUNDATION | |||||||
| 120 WALL STREET | NEW YORK | NY | 10005 | 231907729 | 501 (C)(3) | 12900 | GENERAL SUPPORT |
| JUNIOR ACHIEVEMENT OF NEW YORK | |||||||
| 420 LEXINGTON AVE | NEW YORK | NY | 10170 | 133031828 | 501 (C)(3) | 50000 | GENERAL SUPPORT |
| ONE FUND BOSTON INC | |||||||
| 18 TREMONT ST STE 330 | BOSTON | MA | 02108 | 462547157 | 501 (C)(3) | 61956 | GENERAL SUPPORT |
| NEW YORK SAYS THANK YOU FOUNDATION | |||||||
| 2576 BROADWAY 174 | NEW YORK | NY | 10025 | 201554830 | 501 (C)(3) | 175000 | GENERAL SUPPORT |
| CARDINAL'S COMMITTEE FOR CHARITY | |||||||
| 1011 FIRST AVENUE | NEW YORK | NY | 10022 | 135562185 | 501(C)(3) | 66000 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 11 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | HURRICANE SANDY RECOVERY | TypeOfGrant |
| Number Of Recipients | 9 | NumberOfRecipients |
| Amount Of Cash Grant | 79413 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THESE GRANTS WERE APPROVED BY THE DRF BOARD OF DIRECTORS UTILIZING RECOMMENDATIONS MADE BY THE NEW YORK METRO ADVISORY COUNCIL AS DESCRIBED BELOW. GRANT APPROVAL/PAYMENT PROCESS: THE NEW YORK EMTRO ADVISORY COUNCIL CONDUCTS A PREVIOUSLY ESTABLISHED REVIEW PROCESS OF PARTNER/MANAGER MATCHING FUND REQUESTS AND SUBMITS FINAL RECOMMENDATIONS TO THE DRF BOARD OF DIRECTORS (SEE ATTACHED DOCUMENTS). RECOMMENDATIONS ARE DISTRIBUTED TO THE DRF'S BOARD OF DIRECTORS VIA EMAIL BALLOT. DRF DIRECTORS WILL CONSIDER RECOMMENDATIONS IN GOOD FAITH AND WILL HAVE FINAL AUTHORITY, AND WILL MAINTAIN DISCRETION AND CONTROL, TO DETERMINE THE CHARITABLE ORGANIZATIONS TO RECEIVE DISTRIBUTIONS, AND THE AMOUNT OF SUCH DISTRIBUTIONS EACH YEAR. DRF STAFF WILL ISSUE GRANT CHECKS FROM THE FUND TO THE SELECTED CHARITABLE ORGANIZATIONS. A COPY OF THE CHECK TRANSMITTAL LETTER WILL BE SENT TO THE CHAIR OF THE NEW YORK METRO ADVISORY COUNCIL AND THE ORIGINAL DONOR. THE CHECK TRANSMITTAL LETTER WILL BE SENT TO THE CHAIR OF THE NEW YORK METRO ADVISORY COUNCIL AND THE ORIGINAL DONOR. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION MISSION STATEMENT | FORM 990, PART III, LINE 1 | THE PURPOSE OF THE KPMG DISASTER RELIEF FUND (FUND) IS TO PROVIDE A VEHICLE FOR PARTNERS AND EMPLOYEES OF KPMG LLP (KPMG) TO ASSIST COLLEAGUES WHO HAVE AN IMMEDIATE FINANCIAL NEED AND/OR PERMANENT FINANCIAL LOSS RESULTING FROM A NATURAL DISASTER. THE FUND WILL ACHIEVE ITS OBJECTIVE BY COLLECTING VOLUNTARY CONTRIBUTIONS FROM PARTNERS, EMPLOYEES, RETIREES AND OTHERS. THE FUND MAY ALSO ACCEPT CONTRIBUTIONS FROM KPMG OR FROM AFFILIATED ENTITIES. AMOUNTS WILL BE DISTRIBUTED TO DISASTER VICTIMS ACORDING TO THE FUND'S POLICIES AND PROCEDURES. IN ADDITION TO PROVIDING DISASTER ASSISTANCE TO KPMG PARTNERS AND EMPLOYEES, THE FUND MAY ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. GENERALLY, SUCH CONTRIBUTIONS TO A PUBLIC CHARITY WILL BE IN RESPONSE TO A NEED CAUSED BY A NATURAL DISASTER. IN RESPONSE TO THE SEPTEMBER 11, 2001 TERRORIST ATTACKS ON THE UNITED STATES, THE STATEMENT OF PURPOSE OF THE FUND WAS AMENDED TO ALLOW IT TO COLLECT VOLUNTARY CONTRIBUTIONS FROM KPMG AND ITS PARTNERS, EMPLOYEES, AND RETIREES, AND FROM ANY OTHER INDIVIDUAL OR ENTITY, AND DISTRIBUTE SUCH CONTRIBUTIONS TO OTHER QUALIFIED ORGANIZATIONS TO PROVIDE BENEFIT TO SURVIVORS AND FAMILIES OF THE VICTIMS OF THE SEPTEMBER 11, 2001 TERRORIST ATTACKS, OR ANY SUCH TRAGEDIES IN THE FUTURE. IN RESPONSE TO THE DECEMBER 2004 TSUNAMI THAT DEVASTATED THE FAR EAST, THE STATEMENT OF PURPOSE OF THE FUND WAS AMENDED TO ALLOW IT TO COLLECT VOLUNTARY CONTRIBUTIONS FROM KPMG AND ITS PARTNERS, EMPLOYEES AND RETIREES, AND FROM ANY OTHER INDIVIDUAL OR ENTITY, AND DISTRIBUTE SUCH CONTRIBUTIONS TO QUALIFIED INTERNATIONAL CHARITABLE ORGANIZATIONS. EFFECTIVE MARCH 31, 2011, THE KPMG DISASTER RELIEF FUND (DRF) ENTERED INTO AN AGREEMENT TO ADMINISTER THE NEW YORK FUND (FORMERLY THE KPMG NEW YORK FOUNDATION) AT WHICH TIME ALL FUNDS HELD IN THE KPMG NEW YORK FOUNDATION ACCOUNT WERE TRANSFERRED TO THE KPMG DISASTER RELIEF FUND TO BE INVESTED IN COMMON WITH OTHER FUNDS MAINTAINED BY THE DRF AS A SEPARATE ENTITY (NEW YORK FUND) ON THE DRF'S BOOKS AND RECORDS. FUTURE CONTRIBUTIONS WILL BE SENT DIRECTLY TO THE KPMG DISASTER RELIEF FUND RESTRICTED TO THE NEW YORK FUND. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. TEN DAYS PRIOR TO FILING A FINAL DRAFT COPY IS PROVIDED ELECTRONICALLY TO THE BOARD MEMBERS FOR THEIR REVIEW. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. | |
| FORM 990, PART VII, SECTION A: | BERNARD J. MILANO ACTS AS PRESIDENT OF EACH OF THE FOLLOWING ENTITIES: KPMG FOUNDATION, THE PHD PROJECT, AND THE KPMG DISASTER RELIEF FUND. HE SPENDS APPROXIMATELY 75%, 20%, AND 5% OF HIS TIME ON THE RESPECTIVE ORGANIZATIONS. AS PRESIDENT OF THESE ENTITIES HE RECEIVES NO COMPENSATION. HIS COMPENSATION IS PAID BY KPMG, LLP WHICH IS A RELATED ORGANIZATION. | |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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