THE TEN TALENT FOUNDATION LTD: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
THE TEN TALENT FOUNDATION LTD (EIN 39-1822359)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-20
IRS object ID
201121409349100302
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)
Timestamp2011-05-20T10:15:14-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEBER TANS PLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1555 W CROSSTOWN PARKWAY STE 304AddressLine1
CityKALAMAZOOCity
StateMIState
ZIP Code49008ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN391822359EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE TEN TALENTS FOUNDATION LTDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTENTNameControl
Phone2692172002Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12435 WAITE AVENUEAddressLine1
CityKALAMAZOOCity
StateMIState
ZIP Code49008ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSAM CUPPSName
TitleTREASURERTitle
Phone2692172002Phone
Date Signed2011-05-17DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameSUSAN M VALENTINEName
Phone2693438180Phone
Date Prepared2011-05-16DatePrepared
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 EOY365028FMVAssetsEOY
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 Expnss1InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss121DividendsRevAndExpnss
Dividends Net Invst Incm121DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss46300NetGainSaleAssetsRevAndExpnss
Gross Sales Price268007GrossSalesPrice
Capital Gain Net Incm Net Invst Incm46300CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses46422TotalRevenueAndExpenses
Total Net Investment Income46422TotalNetInvestmentIncome
Accounting Fees Rev And Expnss1375AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps1375AccountingFeesDsbrsChrtblPrps
Interest Rev And Expnss1InterestRevAndExpnss
Interest Net Invst Incm1InterestNetInvstIncm
Other Expenses Rev And Expnss569OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps569OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1945TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm1TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps1944TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss17180ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps17180ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss19125TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm1TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps19124TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses27297ExcessOfRevenueOverExpenses
Net Investment Income46421NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY2208SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY17181SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV17181SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY218835InvestmentsCorpStockBOY
Investments Corp Stock EOY230159InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV325409InvestmentsCorpStockEOYFMV
Investments Other BOY18235InvestmentsOtherBOY
Investments Other EOY18235InvestmentsOtherEOY
Investments Other EOYFMV22438InvestmentsOtherEOYFMV
Total Assets BOY239278TotalAssetsBOY
Total Assets EOY265575TotalAssetsEOY
Total Assets EOYFMV365028TotalAssetsEOYFMV
Other Liabilities BOY7000OtherLiabilitiesBOY
Other Liabilities EOY6000OtherLiabilitiesEOY
Total Liabilities BOY7000TotalLiabilitiesBOY
Total Liabilities EOY6000TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY232278RetainedEarningsBOY
Retained Earnings EOY259575RetainedEarningsEOY
Total Net Assets BOY232278TotalNetAssetsBOY
Total Net Assets EOY259575TotalNetAssetsEOY
Total Liabilities Net Assets BOY239278TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY265575TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY232278TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses27297ExcessOfRevenueOverExpenses
Subtotal259575Subtotal
Total Net Assets Fund Balances EOY259575TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetPUBLICLY TRADED SECURITIESDescriptionOfAsset
How AcquiredPHowAcquired
Gross Sales Price268007GrossSalesPrice
Cost Or Other Basis221707CostOrOtherBasis
Gain Or Loss46300GainOrLoss
Gains Minus Excess Or Losses46300GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income46300CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year116786QualifyingDistributionsYear1
Noncharitable Assets Year1256621NoncharitableAssetsYear1
Distribution Ratio Year10.065412DistributionRatioYear1
Qualifying Distributions Year217883QualifyingDistributionsYear2
Noncharitable Assets Year2286736NoncharitableAssetsYear2
Distribution Ratio Year20.062367DistributionRatioYear2
Qualifying Distributions Year318982QualifyingDistributionsYear3
Noncharitable Assets Year3330441NoncharitableAssetsYear3
Distribution Ratio Year30.057444DistributionRatioYear3
Qualifying Distributions Year416314QualifyingDistributionsYear4
Noncharitable Assets Year4331913NoncharitableAssetsYear4
Distribution Ratio Year40.049151DistributionRatioYear4
Qualifying Distributions Year513103QualifyingDistributionsYear5
Noncharitable Assets Year5257847NoncharitableAssetsYear5
Distribution Ratio Year50.050817DistributionRatioYear5
Total Distribution Ratio0.285191TotalDistributionRatio
Average Distribution Ratio0.057038AverageDistributionRatio
Net Noncharitable Assets327032NetNoncharitableAssets
Adjusted Noncharitable Assets18653AdjustedNoncharitableAssets
One Percent Net Investment Income464OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One19117AdjNonchrtblAssetsAndOnePct
Qualifying Distributions19124QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax464InvestmentIncomeExciseTax
Subtotal464Subtotal
Tax Based On Investment Income464TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment334EstTaxPaymentsAndOverpayment
Tax Paid With Extension250TaxPaidWithExtension
Total Credits And Payments584TotalCreditsAndPayments
Overpayment120Overpayment
Amount Credited To Next Year120AmountCreditedToNextYear

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 WithWIStatesFiledWith
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 AddressWWW.TENTALENTSFOUNDATION.ORGWebsiteAddress
Books In Care Of Person NameSAMUEL H CUPPSBooksInCareOfPersonName
Books In Care Of Phone Number2693828050BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line12435 WAITE AVENUEAddressLine1
CityKALAMAZOOCity
StateMIState
ZIP Code49008ZIPCode

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
Uncorrected Prior ActsfalseUncorrectedPriorActs
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 (6 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
ANDREW S CUPPS
1853 N HOWE STREETCHICAGOIL60614PRESIDENT1.00000
STEVEN DONOGHUE
1415 PARKER 665DETROITMI48214VICE-PRES1.00000
SAMUEL H CUPPS
2435 WAITE AVENUEKALAMAZOOMI49008TREASURER1.00000
CAROLE D CUPPS
2435 WAITE AVENUEKALAMAZOOMI49008SECRETARY1.00000
DANIELLE CUPPS
1853 N HOWE STREETCHICAGOIL60614DIRECTOR1.00000
LAURA DONOGHUE
1415 PARKER 665DETROITMI48214DIRECTOR1.00000
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 Securities322036AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances9976AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets332012TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets332012AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4980CashDeemedCharitable
Net Noncharitable Assets327032NetNoncharitableAssets
Minimum Investment Return16352MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return16352MinimumInvestmentReturn
Tax Based On Investment Income464TaxBasedOnInvestmentIncome
Total Tax464TotalTax
Distributable Amount Before Adj15888DistributableAmountBeforeAdj
Distributable Amount Before Ded15888DistributableAmountBeforeDed
Distributable Amount As Adjusted15888DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions19124ExpensesAndContributions
Qualifying Distributions19124QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm464OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions18660AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted15888DistributableAmountAsAdjusted
Excess Distri Carryover Year51511ExcessDistriCarryoverYear5
Excess Distri Carryover Year33226ExcessDistriCarryoverYear3
Excess Distri Carryover Year23546ExcessDistriCarryoverYear2
Excess Distri Carryover Year13955ExcessDistriCarryoverYear1
Total Excess Distri Carryover12238TotalExcessDistriCarryover
Qualifying Distributions19124QualifyingDistributions
Applied To Current Year15888AppliedToCurrentYear
Remaining Distri From Corpus3236RemainingDistriFromCorpus
Total Corpus15474TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year51511ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year13963ExcessDistriCyovToNextYear
Excess From Year33226ExcessFromYear3
Excess From Year23546ExcessFromYear2
Excess From Year13955ExcessFromYear1
Excess From Current Year3236ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line2RecipientUSAddress/AddressLine2
BOYS & GIRLS CLUB
OF CHICAGO550 W VAN BURENCHICAGOIL60607NONEPUBLICGENERAL SUPPORT$3,000
JUNIOR ACHIEVEMENT
SOUTHWEST MICHIGAN15189 S HELMER ROADBATTLE CREEKMI49015NONEPUBLICGENERAL SUPPORT$8,180
KIPP FOUNDATION
33 NORTH DEARBORNCHICAGOIL60602NONEPUBLICGENERAL SUPPORT$6,000SUITE 1220
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year17180TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$121ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$46,300ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$46,422ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA46422TotalPartXVIA

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$1,375Amount
Disbursements Charitable Prps1375DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (6 entries)

ANDREW S CUPPS
STEVEN DONOGHUE
SAMUEL H CUPPS
CAROLE D CUPPS
DANIELLE CUPPS
LAURA DONOGHUE

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockSTOCK INVESTMENTSNameOfStock
EOY Book Value230159EOYBookValue
EOYFMV325409EOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemBARON PARTNERS FUNDCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value18235BookValue
EOYFMV22438EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrps
EXPENSES
STATE FILING FEES-MI3030
NATIONAL REGISTERED AGENTS-WI189189
WEB HOSTING190190
MISC EXP160160

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionUNCLEARED CHECKSDescription
BOY Book Value7000BOYBookValue
EOY Book Value6000EOYBookValue

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