MUKKAMALA FAMILY FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
MUKKAMALA FAMILY FOUNDATION (EIN 38-3224822)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-02
IRS object ID
201101229349100600
Schema version
2010v3.2
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)
Timestamp2011-05-02T07:47:50-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LEWIS & KNOPF CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line15206 GATEWAY CENTRE SUITE 100AddressLine1
CityFLINTCity
StateMIState
ZIP Code48507ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN383224822EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MUKKAMALA FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMUKKNameControl
Phone8102579828Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14545 WARWICK CIRCLEAddressLine1
CityGRAND BLANCCity
StateMIState
ZIP Code48439ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameAPPARAO MUKKAMALAName
TitlePRESIDENTTitle
Phone8102579828Phone
Date Signed2011-04-20DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameANITA ABROLName
Phone8102384617Phone
Date Prepared2011-04-26DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY78997FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss73292ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss36InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm36InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss571DividendsRevAndExpnss
Dividends Net Invst Incm571DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss30334NetGainSaleAssetsRevAndExpnss
Gross Sales Price156965GrossSalesPrice
Total Revenue And Expenses104233TotalRevenueAndExpenses
Total Net Investment Income607TotalNetInvestmentIncome
Accounting Fees Rev And Expnss1250AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm625AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps625AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss188TaxesRevAndExpnss
Taxes Net Invst Incm188TaxesNetInvstIncm
Other Expenses Rev And Expnss2OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm2OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss1440TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm815TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps625TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss111001ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps111001ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss112441TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm815TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps111626TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-8208ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY7140SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY52269SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV52269SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY85303InvestmentsCorpStockBOY
Investments Corp Stock EOY31966InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV26728InvestmentsCorpStockEOYFMV
Total Assets BOY92443TotalAssetsBOY
Total Assets EOY84235TotalAssetsEOY
Total Assets EOYFMV78997TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY92443RetainedEarningsBOY
Retained Earnings EOY84235RetainedEarningsEOY
Total Net Assets BOY92443TotalNetAssetsBOY
Total Net Assets EOY84235TotalNetAssetsEOY
Total Liabilities Net Assets BOY92443TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY84235TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY92443TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-8208ExcessOfRevenueOverExpenses
Subtotal84235Subtotal
Total Net Assets Fund Balances EOY84235TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year121101QualifyingDistributionsYear1
Noncharitable Assets Year150094NoncharitableAssetsYear1
Distribution Ratio Year10.421228DistributionRatioYear1
Qualifying Distributions Year2145250QualifyingDistributionsYear2
Noncharitable Assets Year277789NoncharitableAssetsYear2
Distribution Ratio Year21.867231DistributionRatioYear2
Qualifying Distributions Year3202639QualifyingDistributionsYear3
Noncharitable Assets Year3135044NoncharitableAssetsYear3
Distribution Ratio Year31.500541DistributionRatioYear3
Qualifying Distributions Year470794QualifyingDistributionsYear4
Noncharitable Assets Year450254NoncharitableAssetsYear4
Distribution Ratio Year41.408724DistributionRatioYear4
Qualifying Distributions Year526284QualifyingDistributionsYear5
Noncharitable Assets Year534324NoncharitableAssetsYear5
Distribution Ratio Year50.765762DistributionRatioYear5
Total Distribution Ratio5.963486TotalDistributionRatio
Average Distribution Ratio1.192697AverageDistributionRatio
Net Noncharitable Assets73014NetNoncharitableAssets
Adjusted Noncharitable Assets87084AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One87084AdjNonchrtblAssetsAndOnePct
Qualifying Distributions111626QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMIStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameLEWIS KNOPF CPA'S PCBooksInCareOfPersonName
Books In Care Of Phone Number8102384617BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line15206 GATEWAY CENTRE STE 100AddressLine1
CityFLINTCity
StateMIState
ZIP Code48507ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
APPARAO MUKKAMALA
4545 WARWICK CIRCLEGRAND BLANCMI48439PRESIDENT2.00000
SUMATHI MUKKAMALA
4545 WARWICK CIRCLEGRAND BLANCMI48439DIRECTOR1.00000
SRINIVAS MUKKAMALA
4545 WARWICK CIRCLEGRAND BLANCMI48439DIRECTOR1.00000
APARNA MUKKAMALA
4545 WARWICK CIRCLEGRAND BLANCMI48439DIRECTOR1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities18483AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances55643AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets74126TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets74126AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1112CashDeemedCharitable
Net Noncharitable Assets73014NetNoncharitableAssets
Minimum Investment Return3651MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return3651MinimumInvestmentReturn
Distributable Amount Before Adj3651DistributableAmountBeforeAdj
Distributable Amount Before Ded3651DistributableAmountBeforeDed
Distributable Amount As Adjusted3651DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions111626ExpensesAndContributions
Qualifying Distributions111626QualifyingDistributions
Adj Qualifying Distributions111626AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted3651DistributableAmountAsAdjusted
Excess Distri Carryover Year524570ExcessDistriCarryoverYear5
Excess Distri Carryover Year468290ExcessDistriCarryoverYear4
Excess Distri Carryover Year3197462ExcessDistriCarryoverYear3
Excess Distri Carryover Year2142007ExcessDistriCarryoverYear2
Excess Distri Carryover Year118609ExcessDistriCarryoverYear1
Total Excess Distri Carryover450938TotalExcessDistriCarryover
Qualifying Distributions111626QualifyingDistributions
Applied To Current Year3651AppliedToCurrentYear
Remaining Distri From Corpus107975RemainingDistriFromCorpus
Total Corpus558913TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year524570ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year534343ExcessDistriCyovToNextYear
Excess From Year468290ExcessFromYear4
Excess From Year3197462ExcessFromYear3
Excess From Year2142007ExcessFromYear2
Excess From Year118609ExcessFromYear1
Excess From Current Year107975ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerAPPARAO MUKKAMALAContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameAPPARAO MUKKAMALARecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line14545 WARWICK CIRCLEAddressLine1
CityGRAND BLANCCity
StateMIState
ZIP Code48439ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number8102579828RecipientPhoneNumber
Form And Info And MaterialsWRITTEN APPLICATION DETAILING AMOUNT REQUESTED AND PROPOSED USE OF FUNDS.FormAndInfoAndMaterials
Submission DeadlinesNOSubmissionDeadlines
Restrictions On AwardsMUST SATISFY THE PURPOSES OF THE FOUNDATIONRestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
SRI VENKATESWARA TEMPLE
P O BOX 699NOVIMI48376NONEGENERAL OPERATIONS$10,000
JEEYAR EDUCATIONAL TRUST
222 DEY ROADCRANBURYNJ08512NONEGENERAL OPERATIONS$1,001
INDO AMERICAN HEALTH
5155 NORKO DRIVEFLINTMI48507NONEGENERAL OPERATIONS$100,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year111001TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$36ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$571ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$30,334ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$30,941ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA30941TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualDRS APPARAO SUMATHI MUKKAMALAContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line14545 WARWICK CIRCLEAddressLine1
CityGRAND BLANCCity
StateMIState
ZIP Code48439ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions73292AggregateContributions
Noncash Contribution TypeXNoncashContributionType

Noncash Property NoncashProperty

FieldValueIRS element (for citing)
Contributor Number From Part I1ContributorNumberFromPartI
Noncash Property Description3000 SHS. AMERICAN PHYSICIANSNoncashPropertyDescription
Fair Market Value73292FairMarketValue
Date Received2010-09-30DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$1,250Amount
Net Investment Income625NetInvestmentIncome
Disbursements Charitable Prps625DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

APPARAO MUKKAMALA
SUMATHI MUKKAMALA
SRINIVAS MUKKAMALA
APARNA MUKKAMALA

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset (3 entries)

NameNameDate AcquiredDateAcquiredHow AcquiredHowAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceBasisBasisTotal NetTotalNet
3666 AMERICAN PHYSICIANS CAP2006-02PURCHASE2010-101521399498657153
440 ERICSSON LM TEL2002-09PURCHASE2010-0946559414-4759
30 PALM INC.1998-04PURCHASE2010-0717122231-22060

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (10 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
INTEL CORP17574206
LUCENT TECH
CISCO SYSTEMS11863035
ERICSSON LM TEL
PALM INC
AMR CORP DEL96176232
ICICI BANK LTD57777596
GENERAL ELECTRIC41285487
AMERICAN PHYSICIANS CAP
ALCATEL LUCENT9501172

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncome
EXPENSES
BANK SERVICE CHARGES22

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncome
FOREIGN TAX$1818
TAXES$170170

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