FURP.ORG / PUBLIC DATA EXPLORER

M B KAHN FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
M B KAHN FOUNDATION INC (EIN 57-6024465)
Tax period
2011-10-01 to 2012-09-30
Filed
2013-02-07
IRS object ID
201320389349100602
Schema version
2011v1.2
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)
Timestamp2013-02-07T10:57:17-06:00Timestamp
Tax Period End Date2012-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN570381582EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ELLIOTT DAVIS LLCPLLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11901 MAIN STREET SUITE 900AddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29201ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN576024465EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1M B KAHN FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMBKANameControl
Phone8037363325Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 1608AddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29202ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameALAN B KAHNName
TitlePRESIDENTTitle
Phone8037363325Phone
Date Signed2013-01-18DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWILLIAM QUATTLEBAUMName
PTINP00323017PTIN
Phone8032560002Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY85807FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss153InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm153InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses153TotalRevenueAndExpenses
Total Net Investment Income153TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss390AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss24OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss414TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss57858ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps57858ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss58272TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps57858TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-58119ExcessOfRevenueOverExpenses
Net Investment Income153NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY143926CashBOY
Cash EOY85807CashEOY
Cash EOYFMV85807CashEOYFMV
Total Assets BOY143926TotalAssetsBOY
Total Assets EOY85807TotalAssetsEOY
Total Assets EOYFMV85807TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY143926RetainedEarningsBOY
Retained Earnings EOY85807RetainedEarningsEOY
Total Net Assets BOY143926TotalNetAssetsBOY
Total Net Assets EOY85807TotalNetAssetsEOY
Total Liabilities Net Assets BOY143926TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY85807TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY143926TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-58119ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal85807Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY85807TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year173543QualifyingDistributionsYear1
Noncharitable Assets Year1140671NoncharitableAssetsYear1
Distribution Ratio Year10.522801DistributionRatioYear1
Qualifying Distributions Year2233182QualifyingDistributionsYear2
Noncharitable Assets Year257755NoncharitableAssetsYear2
Distribution Ratio Year24.037434DistributionRatioYear2
Qualifying Distributions Year3170805QualifyingDistributionsYear3
Noncharitable Assets Year374669NoncharitableAssetsYear3
Distribution Ratio Year32.287495DistributionRatioYear3
Qualifying Distributions Year4191564QualifyingDistributionsYear4
Noncharitable Assets Year431493NoncharitableAssetsYear4
Distribution Ratio Year46.082749DistributionRatioYear4
Total Distribution Ratio12.930479TotalDistributionRatio
Average Distribution Ratio3.232620AverageDistributionRatio
Net Noncharitable Assets104106NetNoncharitableAssets
Adjusted Noncharitable Assets336535AdjustedNoncharitableAssets
One Percent Net Investment Income2OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One336537AdjNonchrtblAssetsAndOnePct
Qualifying Distributions57858QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax3InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal3Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income3TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due3TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithSCStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameALAN B KAHNBooksInCareOfPersonName
Books In Care Of Phone Number8037363325BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1101 FLINT LAKE ROADAddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29223ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameALAN B KAHNPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1608AddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29223ZIPCode
FieldValueIRS element (for citing)
TitlePRESIDENTTitle
Avg Hours Per Wk Devoted To Position0.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances105691AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets105691TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets105691AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1585CashDeemedCharitable
Net Noncharitable Assets104106NetNoncharitableAssets
Minimum Investment Return5205MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return5205MinimumInvestmentReturn
Tax Based On Investment Income3TaxBasedOnInvestmentIncome
Total Tax3TotalTax
Distributable Amount Before Adj5202DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded5202DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted5202DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions57858ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions57858QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions57858AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted5202DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5221697ExcessDistriCarryoverYear5
Excess Distri Carryover Year4189990ExcessDistriCarryoverYear4
Excess Distri Carryover Year3167075ExcessDistriCarryoverYear3
Excess Distri Carryover Year2230548ExcessDistriCarryoverYear2
Excess Distri Carryover Year166517ExcessDistriCarryoverYear1
Total Excess Distri Carryover875827TotalExcessDistriCarryover
Qualifying Distributions57858QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year5202AppliedToCurrentYear
Remaining Distri From Corpus52656RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus928483TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5221697ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year706786ExcessDistriCyovToNextYear
Excess From Year4189990ExcessFromYear4
Excess From Year3167075ExcessFromYear3
Excess From Year2230548ExcessFromYear2
Excess From Year166517ExcessFromYear1
Excess From Current Year52656ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (35 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
LEXINGTON ONE EDUCATIONAL FOUNDATION
POST OFFICE BOX 1869LEXINGTONSC29071PUBLICGENERAL USE$2,000
CHAMPION FOR KIDS INC
6850 BLUE HERON BLVD SUITE 302MYRTLE BEACHSC29588PUBLICGENERAL USE$500
RIDGE RIDERS
POST OFFICE BOX 63RIDGEWAYSC29130PUBLICGENERAL USE$300
MT PLEASANT REFORMED METHODIST UNION E CHURCH
14076 PANOLA ROADPINEWOODSC29125PUBLICGENERAL USE$100
MARCH OF DIMES SC CHAPTER
240 STONERIDGE DRIVE SUITE 206COLUMBIASC29210PUBLICGENERAL USE$650
COLUMBIA JEWISH FEDERATION
306 FLORA DRIVECOLUMBIASC29223PUBLICGENERAL USE$15,000
PALMETTO FAMILY
POST OFFICE BOX 11953COLUMBIASC29211PUBLICGENERAL USE$1,000
CENTRAL CAROLINA COMMUNITY FOUNDATION
2711 MIDDLEBURG DRIVE SUITE 213COLUMBIASC29204PUBLICGENERAL USE$5,000
COASTAL COMMUNITY FOUNDATION
635 RUTLEDGE AVENUE SUITE 201CHARLESTONSC29403PUBLICGENERAL USE$1,250
DAKEN INC
201 GLENSHIRE DRIVECOLUMBIASC29203PUBLICGENERAL USE$500
SC CAMPAIGN TO PREVENT TEEN PREGNANCY
1331 ELMWOOD AVENUECOLUMBIASC29201PUBLICGENERAL USE$1,000
FRIENDS OF RCPL
1431 ASSEMBLY STREETCOLUMBIASC29201PUBLICGENERAL USE$433
CULTURAL COUNCIL OF RICHLAND & LEXINGTON COUNTIES
930 RICHLAND STREETCOLUMBIASC29201PUBLICGENERAL USE$2,500
TEMPLE OF ISRAEL - SHALOMFEST 2012
400 SPRING FOREST ROADGREENVILLESC29615PUBLICGENERAL USE$250
WHITFIELD EDUCATION FOUNDATION
1306 SOUTH THORNTON AVENUEDALTONGA30720PUBLICGENERAL USE$2,296
CONWAY MEDICAL CENTER FOUNDATION
POST OFFICE BOX 829CONWAYSC29528PUBLICGENERAL USE$1,000
YOUNG LIFE
POST OFFICE BOX 5772COLUMBIASC29250PUBLICGENERAL USE$750
FRANKE AT SEASIDE
1885 RIFLE RANGE ROADMT PLEASANTSC29464PUBLICGENERAL USE$410
RICHLAND TWO EDUCATION FOUNDATION
6831 BROOKFIELD ROADCOLUMBIASC29206PUBLICGENERAL USE$5,000
CHARLESTON SOUTHERN UNIVERSITY
9200 UNIVERSITY BOULEVARDCHARLESTONSC29423PUBLICGENERAL USE$10,000
TREE OF LIFE
6719 NORTH TRENHOLM ROADCOLUMBIASC29206PUBLICGENERAL USE$250
HGTC FOUNDATION
743 HEMLOCK AVENUEMYRTLE BEACHSC29577PUBLICGENERAL USE$100
YMCA OF COLUMBIA
1420 SUMTER STREETCOLUMBIASC29201PUBLICGENERAL USE$350
SISTERCARE INC
POST OFFICE BOX 1029COLUMBIASC29202PUBLICGENERAL USE$750
KATIE & IRWIN KAHN JCC
306 FLORA DRIVECOLUMBIASC29224PUBLICGENERAL USE$375
UNITED WAY OF THE MIDLANDS
1800 MAIN STREETCOLUMBIASC29201PUBLICGENERAL USE$300
NAWIC
POST OFFICE BOX 2466COLUMBIASC29202PUBLICGENERAL USE$230
HORRY COUNTY GAMECOCK CLUB
POST OFFICE BOX 569AYNORSC29511PUBLICGENERAL USE$100
MINORITY ECONOMIC DEVELOPMENT INSTITUTE
POST OFFICE BOX 9254GREENVILLESC29604PUBLICGENERAL USE$900
MAULDIN ROTARY CLUB
104 RENAISSANCE CIRCLEMAULDINSC29662PUBLICGENERAL USE$100
MIDLANDS HOUSING ALLIANCE
2025 MAIN STREETCOLUMBIASC29201PUBLICGENERAL USE$3,334
EASTSIDE HIGH SCHOOL
1300 BRUSHY CREEK ROADTAYLORSSC29687PUBLICGENERAL USE$100
SERTOMA CHARITIES INC
20 ELMWOOD AVENUECHARLESTONSC29401PUBLICGENERAL USE$580
PROVIDENCE ATHLETIC CLUB
1357 KNOTTS HAVEN LPLEXINGTONSC29073PUBLICGENERAL USE$250
CHARLESTON COUNTY SCHOOL DISTRICT
3999 BRIDGE VIEW DRIVENORTH CHARLESTONSC29405PUBLICGENERAL USE$200
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year57858TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$153ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$153ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA153TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$390Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionCHECK ORDERDescription
Revenue And Expenses Per Books24RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps