KEENAN FOUNDATION INC: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- KEENAN FOUNDATION INC (EIN 20-5331576)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-03-14
- IRS object ID
- 201120739349100307
- 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
- Form 990-PF
- Compensation Explanation
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-03-14T20:00:27-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GIFFORD HILLEGASS & INGWERSEN LLP | 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 | 2010-01-01 | 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 | 2011-02-24 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GEORGE W HILLEGASS | Name |
| Phone | 7703961100 | Phone |
| Date Prepared | 2011-03-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 1261019 | 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 | 42231 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 42231 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 42231 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -86233 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1474900 | GrossSalesPrice |
| Net STCG Adj Net Incm | 4454 | NetSTCGAdjNetIncm |
| Total Revenue And Expenses | -44002 | TotalRevenueAndExpenses |
| Total Net Investment Income | 42231 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 46685 | TotalAdjustedNetIncome |
| Taxes Rev And Expnss | 299 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 299 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 299 | TaxesAdjNetIncm |
| Other Expenses Rev And Expnss | 2496 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 2496 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 2496 | OtherExpensesAdjNetIncm |
| Tot Opr Expenses Rev And Expnss | 2795 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 2795 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 2795 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 28500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 28500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 31295 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 2795 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 2795 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 28500 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -75297 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 39436 | NetInvestmentIncome |
| Adjusted Net Income | 43890 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 15949 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 12343 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 12343 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 1411786 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1340095 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1248676 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 1427735 | TotalAssetsBOY |
| Total Assets EOY | 1352438 | TotalAssetsEOY |
| Total Assets EOYFMV | 1261019 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 1427735 | RetainedEarningsBOY |
| Retained Earnings EOY | 1352438 | RetainedEarningsEOY |
| Total Net Assets BOY | 1427735 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1352438 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1427735 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1352438 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1427735 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -75297 | ExcessOfRevenueOverExpenses |
| Subtotal | 1352438 | Subtotal |
| Total Net Assets Fund Balances EOY | 1352438 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 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 - BELL MICRO | P | 2005-01-01 | 2010-12-31 | 940616 | 956650 | -16034 | -16034 |
| MERRILL LYNCH | P | 2010-01-01 | 2010-12-31 | 382625 | 378171 | 4454 | 4454 |
| MERRILL LYNCH | P | 2005-01-01 | 2010-12-31 | 151659 | 226312 | -74653 | -74653 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -86233 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 4454 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 11500 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 537485 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.021396 | DistributionRatioYear1 |
| Noncharitable Assets Year2 | 662150 | NoncharitableAssetsYear2 |
| Qualifying Distributions Year3 | 74812 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1004500 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.074477 | DistributionRatioYear3 |
| Noncharitable Assets Year4 | 181191 | NoncharitableAssetsYear4 |
| Total Distribution Ratio | 0.095873 | TotalDistributionRatio |
| Average Distribution Ratio | 0.047937 | AverageDistributionRatio |
| Net Noncharitable Assets | 1208263 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 57921 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 394 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 58315 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 28500 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 789 | InvestmentIncomeExciseTax |
| Subtotal | 789 | Subtotal |
| Tax Based On Investment Income | 789 | TaxBasedOnInvestmentIncome |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 9 | PenaltyForUnderpayment |
| Tax Due | 798 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
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 |
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 |
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 | 1171430 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 55233 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1226663 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 1226663 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 18400 | CashDeemedCharitable |
| Net Noncharitable Assets | 1208263 | NetNoncharitableAssets |
| Minimum Investment Return | 60413 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 60413 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 789 | TaxBasedOnInvestmentIncome |
| Total Tax | 789 | TotalTax |
| Distributable Amount Before Adj | 59624 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 59624 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 59624 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 28500 | ExpensesAndContributions |
| Qualifying Distributions | 28500 | QualifyingDistributions |
| Adj Qualifying Distributions | 28500 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 59624 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 26316 | UndistributedIncomePriorYear |
| Qualifying Distributions | 28500 | QualifyingDistributions |
| Applied To Year1 | 26316 | AppliedToYear1 |
| Applied To Current Year | 2184 | AppliedToCurrentYear |
| Undistributed Income CY | 57440 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|
| THE PREM RAWAT FOUNDATION | ||||||
| PO BOX 24-1498 | LOS ANGELES | CA | 90024 | 501(C)(3) SUPPORT | $10,000 | |
| UN FOUNDATION | ||||||
| 801 SECOND AVENUE | NEW YORK | NY | 10017 | 501(C)(3) SUPPORT | $10,000 | SUITE 1300 |
| HIMALAYAN CHILDREN'S | ||||||
| 355 BROOK FORD POINT | ALPHARETTA | GA | 30022 | 501(C)(3) SUPPORT | $3,000 | |
| WORDS OF PEACE INTL | ||||||
| 4607 LAKEVIEW CANYON ROAD | WESTLAKE VILLAGE | CA | 91361 | 501(C)(3) SUPPORT | $2,500 | SUITE 570 |
| ASPCA | ||||||
| 425 E 92ND STREET | NEW YORK | NY | 10128 | 501(C)(3) SUPPORT | $1,000 | |
| BEST FRIENDS ANIMAL | ||||||
| 5001 ANGEL CANYON ROAD | KANAB | UT | 84741 | 501(C)(3) SUPPORT | $1,000 | |
| HUMANE SOCIETY OF THE US | ||||||
| 2100 L STREET NW | WASHINGTON | DC | 20037 | 501(C)(3) SUPPORT | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 28500 | 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 | $42,231 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | -$86,233 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$44,002 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -44002 | 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 | 1340095 | EOYBookValue |
| EOYFMV | 1248676 | 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 | 2496 | 2496 | 2496 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX EXPENSE | Category |
| Amount | $299 | Amount |
| Net Investment Income | 299 | NetInvestmentIncome |
| Adjusted Net Income | 299 | AdjustedNetIncome |
Comments