The Million Children Foundation: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- The Million Children Foundation (EIN 26-4308908)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-05
- IRS object ID
- 201342179349100224
- Schema version
- 2012v2.2
- 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
- Form 990-PF
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-05T11:08:41-00:00 | 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 | Foundation Source | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Lane Suite 212 | AddressLine1 |
| City | Lake Success | City |
| State | NY | State |
| ZIP Code | 11042 | 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 | 264308908 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Million Children Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MILL | NameControl |
| Phone | 8008391754 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Fernando Cisneros | Name |
| Title | President | Title |
| Date Signed | 2013-08-05 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey D Haskell | Name |
| Phone | 8008391754 | Phone |
| Date Prepared | 2013-08-05 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 849503 | 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 | 2544 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2544 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -71407 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1662976 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 480 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 46 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | -68383 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2590 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 12500 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 12500 | LegalFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 632 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 205 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 10051 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 135 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 9851 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 23183 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 340 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 22351 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 425200 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 425200 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 448383 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 340 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 447551 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -516766 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2250 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 36021 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 94955 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 94955 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 994254 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 408112 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 376320 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 335685 | InvestmentsOtherBOY |
| Investments Other EOY | 346127 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 378228 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 1365960 | TotalAssetsBOY |
| Total Assets EOY | 849194 | TotalAssetsEOY |
| Total Assets EOYFMV | 849503 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 1365960 | RetainedEarningsBOY |
| Retained Earnings EOY | 849194 | RetainedEarningsEOY |
| Total Net Assets BOY | 1365960 | TotalNetAssetsBOY |
| Total Net Assets EOY | 849194 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1365960 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 849194 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1365960 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -516766 | ExcessOfRevenueOverExpenses |
| Subtotal | 849194 | Subtotal |
| Total Net Assets Fund Balances EOY | 849194 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | 1316849 | 1398358 | -81509 | -81509 | |||
| Passthrough K1 Capital Gain | 10404 | 10404 | |||||
| KAWA - KAWA ONSHORE FEEDER FUND LLC | 346127 | 346429 | -302 | -302 | P | 2010-02-01 | 2012-05-01 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -71407 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 52710 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1387172 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.037998 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 28699 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1376705 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 000.020846 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 8304 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 395127 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 000.021016 | DistributionRatioYear3 |
| Total Distribution Ratio | 000.079860 | TotalDistributionRatio |
| Average Distribution Ratio | 000.026620 | AverageDistributionRatio |
| Net Noncharitable Assets | 980143 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 26091 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 23 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 26114 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 447551 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 23 | InvestmentIncomeExciseTax |
| Subtotal | 23 | Subtotal |
| Tax Based On Investment Income | 23 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 454 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 31 | TaxPaidWithExtension |
| Total Credits And Payments | 485 | TotalCreditsAndPayments |
| Tax Paid Original Return | 485 | TaxPaidOriginalReturn |
| Overpayment | 462 | Overpayment |
| Amount Credited To Next Year | 100 | AmountCreditedToNextYear |
| Amount To Be Refunded | 362 | AmountToBeRefunded |
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 | true | 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 |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | co Foundation Source | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8008391754 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | 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 | true | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| 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 |
| 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 |
|---|---|---|---|---|---|---|
| Ana Maria Bitar | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | VP / Dir | 001.00 | 0 |
| Fernando Cisneros | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | Pres / Dir / Sec | 001.00 | 0 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 373770 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 252738 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 368561 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 995069 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 995069 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 14926 | CashDeemedCharitable |
| Net Noncharitable Assets | 980143 | NetNoncharitableAssets |
| Minimum Investment Return | 49007 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 49007 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 23 | TaxBasedOnInvestmentIncome |
| Total Tax | 23 | TotalTax |
| Distributable Amount Before Adj | 48984 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 48984 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 48984 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 447551 | ExpensesAndContributions |
| Qualifying Distributions | 447551 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 23 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 447528 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 48984 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 60805 | UndistributedIncomePriorYear |
| Qualifying Distributions | 447551 | QualifyingDistributions |
| Applied To Year1 | 60805 | AppliedToYear1 |
| Applied To Current Year | 48984 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 337762 | RemainingDistriFromCorpus |
| Total Corpus | 337762 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 337762 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 337762 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ana Maria Bitar | ContributingManager |
| Contributing Manager | Fernando Cisneros | ContributingManager |
| 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 | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AVINA AMERICAS INC | |||||||
| 1314 RI AVE NW | WASHINGTON | DC | 20005 | N/A | 509a1 | PWSS Humanitarian Project in Chile and Un Techo Para Mi Pais | $300,000 |
| COLUMBIA BUSINESS SCHOOL | |||||||
| 33 W 60TH ST 7TH FL | NEW YORK | NY | 10023 | N/A | 509a1 | Class of 2006 Campaign | $5,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | 509a1 | Latino-Latina Scholarship Fund | $100,000 |
| FUNDACION MANOS DEL SUR INC | |||||||
| 2050 CORAL WAY | MIAMI | FL | 33145 | N/A | 509a1 | Sponsoring 5 Children During 2013 | $1,200 |
| HANDS FOR EDUCATION INC | |||||||
| 331 BEECHWOOD DR | KEY BISCAYNE | FL | 33149 | N/A | 509a1 | General Unrestricted | $9,000 |
| ST PATRICK CATHOLIC PARISH IN MINTURN | |||||||
| PO BOX 219 | MINTURN | CO | 81645 | N/A | 509a1 | Restoration of St. Patrick Catholic Church in Minturn | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 425200 | 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 | $2,544 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$71,407 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | K-1 Inc/Loss | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $480 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$68,383 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -68383 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (3 entries)
| NameName | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold |
|---|---|---|---|---|---|---|
| Publicly-traded Securities | 1316849 | 1398358 | -81509 | |||
| Passthrough K1 Capital Gain | 10404 | |||||
| KAWA - KAWA ONSHORE FEEDER FUND LLC | 346127 | 346429 | -302 | 2010-02 | P | 2012-05 |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (6 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 1588206 shares of ALTERNET SYSTEMS INC | 231024 | 190585 |
| 60 shares of APPLE INC. | 36390 | 31930 |
| 5000 shares of BANCO SANTANDER CEN | 37245 | 40850 |
| 1500 shares of COMPANIA MIN BUEN | 54365 | 53925 |
| 500 shares of JP MORGAN CHASE CO | 16948 | 21985 |
| 500 shares of STRK SPDR SP CH ETF | 32140 | 37045 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | KAWA OFFSHORE FEEDER FUND LTD | CategoryOrItem |
| Book Value | 346127 | BookValue |
| EOYFMV | 378228 | EOYFMV |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Statement | This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2012, The Million Children Foundation the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 364,395. This amount represents over 25 of the Foundations net assets of 1,317,916 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2012. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein. | Statement |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Governance Matters and Counseling | Category |
| Amount | $12,500 | Amount |
| Disbursements Charitable Prps | 12500 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| Administrative Fees | 9826 | 9826 | |
| Bank Charges | 60 | 60 | |
| K-1 Exp KAWA ONSHORE FEEDER FUND LLC | 140 | 75 | |
| State or Local Filing Fees | 25 | 25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | K-1 Inc/Loss KAWA ONSHORE FEEDER FUND LLC | Description |
| Revenue And Expenses Per Books | 480 | RevenueAndExpensesPerBooks |
| Net Investment Income | 46 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Foreign Tax Paid | $205 | 205 |
| IRS 990-T Tax Payment | $427 |