KEENAN FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KEENAN FOUNDATION INC (EIN 20-5331576)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-03-07
- IRS object ID
- 201300669349100410
- 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
- Form 990-PF
- Compensation Explanation
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-07T17:00:07-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARREN AVERETT LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SIX CONCOURSE PARKWAY SUITE 600 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30328 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205331576 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KEENAN FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KEEN | NameControl |
| Phone | 6782681317 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 BROOK FORD POINT | AddressLine1 |
| City | ALPHARETTA | City |
| State | GA | State |
| ZIP Code | 30022 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE KEENAN | Name |
| Title | DIRECTOR | Title |
| Phone | 6782681317 | Phone |
| Date Signed | 2013-03-06 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GEORGE W HILLEGASS | Name |
| Phone | 7703961100 | Phone |
| Date Prepared | 2013-03-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 1278002 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 46562 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 46562 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 46562 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -190 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 88350 | GrossSalesPrice |
| Net STCG Adj Net Incm | 112 | NetSTCGAdjNetIncm |
| Total Revenue And Expenses | 46372 | TotalRevenueAndExpenses |
| Total Net Investment Income | 46562 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 46674 | TotalAdjustedNetIncome |
| Taxes Rev And Expnss | 548 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 548 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 548 | TaxesAdjNetIncm |
| Other Expenses Rev And Expnss | 300 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 300 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 300 | OtherExpensesAdjNetIncm |
| Tot Opr Expenses Rev And Expnss | 848 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 848 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 848 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 41200 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 41200 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 42048 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 848 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 848 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 41200 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 4324 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 45714 | NetInvestmentIncome |
| Adjusted Net Income | 45826 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 71074 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 39683 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 39683 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 1254084 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1289799 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1238319 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 1325158 | TotalAssetsBOY |
| Total Assets EOY | 1329482 | TotalAssetsEOY |
| Total Assets EOYFMV | 1278002 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 1325158 | RetainedEarningsBOY |
| Retained Earnings EOY | 1329482 | RetainedEarningsEOY |
| Total Net Assets BOY | 1325158 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1329482 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1325158 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1329482 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1325158 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 4324 | ExcessOfRevenueOverExpenses |
| Subtotal | 1329482 | Subtotal |
| Total Net Assets Fund Balances EOY | 1329482 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| MERRILL LYNCH | P | 2012-01-01 | 2012-12-31 | 2271 | 2159 | 112 | 112 |
| MERRILL LYNCH | P | 2012-01-01 | 2012-12-31 | 86079 | 86381 | -302 | -302 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -190 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 112 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 80463 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1236098 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.065094 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 28500 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1208263 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.023588 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 11500 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 537485 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.021396 | DistributionRatioYear3 |
| Noncharitable Assets Year4 | 662150 | NoncharitableAssetsYear4 |
| Qualifying Distributions Year5 | 74812 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 1004500 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.074477 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.184555 | TotalDistributionRatio |
| Average Distribution Ratio | 0.046139 | AverageDistributionRatio |
| Net Noncharitable Assets | 1233174 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 56897 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 457 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 57354 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 41200 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 914 | InvestmentIncomeExciseTax |
| Subtotal | 914 | Subtotal |
| Tax Based On Investment Income | 914 | TaxBasedOnInvestmentIncome |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 10 | PenaltyForUnderpayment |
| Tax Due | 924 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | BRUCE KEENAN | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6782631317 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 BROOK FORD POINT | AddressLine1 |
| City | ALPHARETTA | City |
| State | GA | State |
| ZIP Code | 30022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| BRUCE C KEENAN | ||||||||
| 355 BROOK FORD POINT | ALPHARETTA | GA | 30022 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| SUSAN G KEENAN | ||||||||
| 355 BROOK FORD POINT | ALPHARETTA | GA | 30022 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1187560 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 64393 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1251953 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 1251953 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 18779 | CashDeemedCharitable |
| Net Noncharitable Assets | 1233174 | NetNoncharitableAssets |
| Minimum Investment Return | 61659 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 61659 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 914 | TaxBasedOnInvestmentIncome |
| Total Tax | 914 | TotalTax |
| Distributable Amount Before Adj | 60745 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 60745 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 60745 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 41200 | ExpensesAndContributions |
| Qualifying Distributions | 41200 | QualifyingDistributions |
| Adj Qualifying Distributions | 41200 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 60745 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 37708 | UndistributedIncomePriorYear |
| Qualifying Distributions | 41200 | QualifyingDistributions |
| Applied To Year1 | 37708 | AppliedToYear1 |
| Applied To Current Year | 3492 | AppliedToCurrentYear |
| Undistributed Income CY | 57253 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|
| BEST FRIENDS ANIMAL | |||||
| 5001 ANGEL CANYON ROAD | KANAB | UT | 84741 | 501 (C)(3) SUPPORT | $1,700 |
| THE PREM RAWAT FOUNDATION | |||||
| PO BOX 24-1498 | LOS ANGELES | CA | 90024 | 501 (C)(3) SUPPORT | $20,500 |
| ASPCA | |||||
| 425 E 92ND STREET | NEW YORK | NY | 10128 | 501 (C)(3) SUPPORT | $500 |
| HEARTS FOR HORSES | |||||
| 355 BROOK FORD POINT | ALPHARETTA | GA | 30022 | 501 (C)(3) SUPPORT | $15,000 |
| UNITED NATIONS NOTHING BUT NETS | |||||
| PO BOX 96539 | WASHINGTON | DC | 20090 | 501 (C)(3) SUPPORT | $2,500 |
| CREATIVE VISIONS FOUNDATION | |||||
| 18820 PACIFIC COAST HWY | MALIBU | CA | 90265 | 501 (C)(3) SUPPORT | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 41200 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $46,562 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | -$190 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $46,372 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 46372 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Compensation Explanation CompensationExplanation
Compensation Compensation (2 entries)
| BRUCE C KEENAN |
| SUSAN G KEENAN |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | MERRILL LYNCH | NameOfStock |
| EOY Book Value | 1289799 | EOYBookValue |
| EOYFMV | 1238319 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| EXPENSES | |||
| BANK FEES | 300 | 300 | 300 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX EXPENSE | Category |
| Amount | $548 | Amount |
| Net Investment Income | 548 | NetInvestmentIncome |
| Adjusted Net Income | 548 | AdjustedNetIncome |
Comments