2012-10-04T06:55:47-07:00 2012-06-30 Rusk & Company PA 1400 Front Avenue Suite 201 Lutherville MD 210935365 990EZ 2011-07-01 522031702 KIDS FUND INC KIDS 4105329330 401 W SEMINARY AVENUE 200 LUTHERVILLE MD 21093 JOSEPH F PALMISANO JR 2012-09-15 true MICHAEL H RUSK CPA 4108218700 2011 2016-02-24 21:20:13Z MOD CASH X N/A X 119920 X 6880 3532 109508 98520 10988 0 0 0 21400 1500 1400 366 10814 14080 7320 143341 -19049 131612 143341 131612 143341 131612 143341 131612 TO PROVIDE SCHOLARSHIPS & GRANTS. PROVIDED LAST DOLLAR COLLEGE TUITION GRANTS TO BALTIMORE CITY STUDENTS SHOWING EVIDENCE OF NEED. 1500 TOWING & REPAIR COSTS OF DONATED VEHICLES TO PREPARE THEM FOR SALE. PROCEEDS FROM SALE OF VEHICLES PROVIDES FUNDS FOR SCHOLARSHIP GRANTS. 455 1955 HARRY BAUMOHL 25 HOOKS LANE SUITE 214 BALTIMORE MD 21208 0 0 JOSEPH F PALMISANO JR 205 ST MARYS ROAD BALTIMORE MD 21221 0 0 X false false false false false false false false 0 0 false false JOSEPH F PALMISANO JR 401 W SEMINARY AVENUE 200 LUTHERVILLE MD 21093 4439012648 false false false false false false false false false false false false false NONE NONE true X 66600 33075 16461 9704 6880 132720 0 0 66600 33075 16461 9704 6880 132720 0 132720 11641 6201 3783 4337 25962 0 0 158682 0.83640 0.87230 X Form 990-EZ, Part I, Line 20.1 Other Changes In Net Assets Or Fund Balances - Other Decreases.1 FMV ADJUSTMENT OF SECURITIES $19049 Form 990-EZ, Part I, Line 16.5 Other Expenses.5 OFFICE SUPPLIES $88 Form 990-EZ, Part I, Line 16.4 Other Expenses.4 DUES & SUBSCRIPTIONS $116 Form 990-EZ, Part I, Line 16.3 Other Expenses.3 TELEPHONE $150 Form 990-EZ, Part I, Line 16.1 Other Expenses.1 COST INCURRED-DONATED VEHICLES $455 Form 990-EZ, Part I, Line 16.1001 Other Expenses.1001 Advertising and Promotion $10005 Client Note 2 - NOTE REGARDING CONTRIBUTIONS IN EXCESS OF $5,000-------------------------------------------------THERE WERE NO CONTRIBUTORS WHO DONATED MORE THAN $5,000 IN CASH AND/OR GOODS TO THE ORGANIZATION DURING THE FISCAL YEAR ENDING JUNE 30, 2010. Client Note 1 - SCHEDULE A, PART III, QUESTION 3A---------------------------------KIDS FUND, INC. PROVIDES GRANTS AND FINANCIAL AID FOR COLLEGE TUITION, BOOKS, FEES AND SUPPLIES FOR NEEDY BALTIMORE AREA STUDENTS WHO MEET MODEST REQUIREMENTS. COLLEGEBOUND FOUNDATION, INC., A BALTIMORE BASED CHARITY, TAKES APPLICATION REQUESTS FROM STUDENTS AND ADMINISTERS THE GRANTS ON BEHALF OF KIDS FUND, INC. NO GRANTS WERE ISSUED DURING FYE JUNE 30, 2010. REQUIREMENTS TO RECEIVE A GRANT ARE 1) BALTIMORE CITY RESIDENCY, 2) AN OVERALL "C" AVERAGE OR BETTER IN HIGH SCHOOL CLASSES AND 3) FINANCIAL NEED BASED ON FAMILY INCOME, ASSETS AND OTHER FINANCIAL AID AVAILABLE TO THE STUDENT.