KELLY DAY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
KELLY DAY FOUNDATION (EIN 20-1473353)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-06-25
IRS object ID
201441769349100514
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)
Return2014-06-25T13:02:09-07:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Krost Baumgarten Kniss & GuerreroBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1790 E Colorado Blvd Suite 600AddressLine1
CityPasadenaCity
StateCAState
ZIP Code911012186ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201473353EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kelly Day FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlKELLBusinessNameControlTxt
Phone2138916300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1865 South Figueroa StreetAddressLine1
CityLos AngelesCity
StateCAState
ZIP Code90017ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJerry CarltonPersonNm
Person TitleSecretary/TreasurerPersonTitleTxt
Signature2014-06-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLuis A Guerrero CPA MBTPreparerPersonNm
PTINP00184969PTIN
Phone6264494225PhoneNum
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$1,503,901FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$21,350DividendsRevAndExpnssAmt
Dividends Net Invst Incm$21,350DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$129,294NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,243,612GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$129,294CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$150,644TotalRevAndExpnssAmt
Total Net Invst Incm$150,644TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,655AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,327AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,290AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$10TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$10TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$293OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$268OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$25OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,958TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,595TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,325TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$70,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$70,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$72,958TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,595TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$71,325TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$77,686ExcessRevenueOverExpensesAmt
Net Investment Income$149,049NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$88,185SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$31,660SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$31,660SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,191,343CorporateStockBOYAmt
Corporate Stock EOY$1,472,241CorporateStockEOYAmt
Corporate Stock EOYFMV$1,472,241CorporateStockEOYFMVAmt
Total Assets BOY$1,279,528TotalAssetsBOYAmt
Total Assets EOY$1,503,901TotalAssetsEOYAmt
Total Assets EOYFMV$1,503,901TotalAssetsEOYFMVAmt
Accounts Payable BOY$2,461AccountsPayableBOYAmt
Accounts Payable EOY$2,550AccountsPayableEOYAmt
Total Liabilities BOY$2,461TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,550TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,277,067UnrestrictedBOYAmt
Unrestricted EOY$1,501,351UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,277,067TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,501,351TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,279,528TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,503,901TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,277,067TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$77,686ExcessRevenueOverExpensesAmt
Other Increases$146,598OtherIncreasesAmt
Subtotal$1,501,351SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,501,351TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$129,294CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$17,757NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$70,548AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,214,872NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05807DistributionYr1Rt
Adjusted Qlfy Distri Yr2$71,978AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,495,431NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04813DistributionYr2Rt
Adjusted Qlfy Distri Yr3$56,070AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,389,972NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04034DistributionYr3Rt
Adjusted Qlfy Distri Yr4$96,686AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,147,212NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.08428DistributionYr4Rt
Adjusted Qlfy Distri Yr5$72,516AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,178,009NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.03330DistributionYr5Rt
Total Distribution0.26412TotalDistributionRt
Average Distribution0.05282AverageDistributionRt
Net Vl Noncharitable Assets$1,348,514NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$71,233AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,490NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$72,723AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$71,325QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,981InvestmentIncomeExciseTaxAmt
Subtotal$2,981SubtotalAmt
Tax Based On Investment Income$2,981TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,295EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$2,000AppliedToEsTaxAmt
Total Payments And Credits$6,295TotalPaymentsAndCreditsAmt
Overpayment$3,314OverpaymentAmt
Applied To ES Tax$3,314AppliedToESTaxAmt

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 BylawsYes (true)ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1Oakmont CorporationBusinessNameLine1
FieldValueIRS element (for citing)
Phone2138916300PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1865 S Figueroa St Ste 700AddressLine1
CityLos AngelesCity
StateCAState
ZIP Code90017ZIPCode
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 PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Robert A Day
865 S Figueroa Street 700Los AngelesCA90017VP/Director1.00$0
Kelly P Day
865 S Figueroa Street 700Los AngelesCA90017Pres/Director1.00$0
Jerry Carlton
865 S Figueroa Street 700Los AngelesCA90017Sec/Treasurer1.00$0
Laurie Louise Gilmore
865 S Figueroa Street 700Los AngelesCA90017Director1.00$0
Donald T Carlisi
865 S Figueroa Street 700Los AngelesCA90017Vice President1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,294,967AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$74,083AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,369,050TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,369,050AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,536CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,348,514NetVlNoncharitableAssetsAmt
Minimum Investment Return$67,426MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$67,426MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,981TaxBasedOnInvestmentIncomeAmt
Total Tax$2,981TotalTaxAmt
Distributable Before Adj$64,445DistributableBeforeAdjAmt
Distributable Before Ded$64,445DistributableBeforeDedAmt
Distributable As Adjusted$64,445DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$71,325ExpensesAndContributionsAmt
Qualifying Distributions$71,325QualifyingDistributionsAmt
Adjusted Qualifying Distri$71,325AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$64,445DistributableAsAdjustedAmt
Undistributed Income PY$58,107UndistributedIncomePYAmt
Qualifying Distributions$71,325QualifyingDistributionsAmt
Applied To Year1$58,107AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$13,218AppliedToCurrentYearAmt
Undistributed Income CY$51,227UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRobert A DayContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKelly Day FoundationRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1865 S Figueroa St Suite 700AddressLine1
CityLos AngelesCity
StateCAState
ZIP Code90017ZIPCode
FieldValueIRS element (for citing)
Recipient Phone2138916300RecipientPhoneNum
Form And Info And MaterialsNo specific form or information required.FormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsDetermine on case by case basisRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonRegents University of California LARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line18700 BEVERLY BLVDAddressLine1
CityLos AngelesCity
StateCAState
ZIP Code90048ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationshipTxt
Recipient Foundation StatusPublicRecipientFoundationStatusTxt
Grant Or Contribution PurposeUnrestrictedGrantOrContributionPurposeTxt
Amt$70,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$70,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21,350ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$129,294ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$150,644ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$150,644TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,655Amt
Net Investment Income$1,327NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,290DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceGeneral Explanation Supplemental Information for Form 990-PFFormAndLineReferenceDesc
Medium ExplanationSupplemental Information for Form 990-PF, Part VII-B, Line 1(A)(4)& CA RRF-1, Part B, Line 1:The foundation reimburses Oakmont Corporation (an entity related to and controlled by a disqualified person). The expenses are ordinary and necessary and as such the foundation is not subject to the excise tax for self-dealing and is exempt from filing form 4720.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (24 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
Freeport McMoran Copper & Gold$86,802$86,802
McMoran Exploration Co
Caterpillar Inc
Boeing CO$95,543$95,543
DR HORTON INC$33,480$33,480
FIRST AMERICAN FINANCIAL
LENNAR CORP$39,560$39,560
LOUISIANA-PACIFIC CORP
MASTERCARD INC$104,432$104,432
NVR INC
PRECISION CASTPARTS CORP$60,592$60,592
STANLEY BLACK & DECKER INC
STARWOOD HOTELS & RESORTS$79,450$79,450
TOLL BROTHERS INC$33,300$33,300
AMERICAN AIRLINES GROUP INC$121,200$121,200
DELTA AIRLINES$134,603$134,603
EATON CORP PLC$68,508$68,508
ESSENT GROUP LTD$79,398$79,398
GENERAL MOTORS CO$91,958$91,958
GULF COAST ULTRA DEEP ROYALTY TR$36,837$36,837
HOME DEPOT INC$98,808$98,808
LOCKHEED MARTIN CORP$163,526$163,526
SCHLUMBERGER LTD$72,088$72,088
WHIRLPOOL CORP$72,156$72,156

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
State Filing Fees$25$25
Trading Expense$268$268

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryState TaxCategoryTxt
Amt$10Amt
Disbursements Charitable Prps$10DisbursementsCharitablePrpsAmt

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