THE OWEN FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE OWEN FOUNDATION (EIN 91-1877873)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-13
- IRS object ID
- 201131339349101338
- 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
- Accounting Fees Schedule
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-13T11:07:00-05:00 | 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 | HORIZON TAX & ACCOUNTING LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 NALL STE 100 | AddressLine1 |
| City | PRAIRIE VILLAGE | City |
| State | KS | State |
| ZIP Code | 662072508 | 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 | 911877873 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE OWEN FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OWEN | NameControl |
| Phone | 9133124003 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27085 W 102ND ST | AddressLine1 |
| City | OLATHE | City |
| State | KS | State |
| ZIP Code | 660618406 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID C OWEN | Name |
| Title | TRUSTEE | Title |
| Phone | 9133124003 | Phone |
| Date Signed | 2011-05-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JACK M MIKE LAMB | Name |
| Phone | 9133452968 | Phone |
| Date Prepared | 2011-05-13 | 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) |
|---|---|---|
| Address Change | X | AddressChange |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 269516 | 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 | 33 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 33 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -12266 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 234 | GrossSalesPrice |
| Other Income Rev And Expnss | 155 | OtherIncomeRevAndExpnss |
| Total Revenue And Expenses | -12078 | TotalRevenueAndExpenses |
| Total Net Investment Income | 33 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 5350 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 5350 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 6384 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 6384 | AccountingFeesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 85 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 85 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 11819 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 11819 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 47497 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 47497 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 59316 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 59316 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -71394 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 33 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 308273 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 225299 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 225299 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 175000 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 186580 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 44217 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 483273 | TotalAssetsBOY |
| Total Assets EOY | 411879 | TotalAssetsEOY |
| Total Assets EOYFMV | 269516 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 483273 | UnrestrictedBOY |
| Unrestricted EOY | 411879 | UnrestrictedEOY |
| Total Net Assets BOY | 483273 | TotalNetAssetsBOY |
| Total Net Assets EOY | 411879 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 483273 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 411879 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 483273 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -71394 | ExcessOfRevenueOverExpenses |
| Subtotal | 411879 | Subtotal |
| Total Net Assets Fund Balances EOY | 411879 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 800 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 361393 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.002214 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 12760 | QualifyingDistributionsYear2 |
| Qualifying Distributions Year3 | 23850 | QualifyingDistributionsYear3 |
| Qualifying Distributions Year4 | 26800 | QualifyingDistributionsYear4 |
| Total Distribution Ratio | 0.002214 | TotalDistributionRatio |
| Average Distribution Ratio | 0.002214 | AverageDistributionRatio |
| Net Noncharitable Assets | 303659 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 672 | AdjustedNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 672 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 59316 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| 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 | DAVID OWEN | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9133124003 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27085 W 102ND ST | AddressLine1 |
| City | OLATHE | City |
| State | KS | State |
| ZIP Code | 660618406 | 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 |
| 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 |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID C OWEN | ||||||||
| 27085 W 102ND ST | OLATHE | KS | 660618406 | TRUSTEE | 2.00 | 0 | 0 | 0 |
| JOHN E LARSON | ||||||||
| 7225 RENNER ROAD | SHAWNEE | KS | 66217 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| LAURA E OWEN | ||||||||
| 27085 W 102ND ST | OLATHE | KS | 660618406 | DIRECTOR | 2.00 | 0 | 0 | 0 |
| ROGER L MASON | ||||||||
| 14950 SOUTH ST ANDREWS | OLATHE | KS | 66061 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| WILLIAM STUTZ | ||||||||
| 1440 SW JEFFERSON | LEES SUMMIT | MO | 64081 | 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 | 14866 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 293417 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 308283 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 308283 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 4624 | CashDeemedCharitable |
| Net Noncharitable Assets | 303659 | NetNoncharitableAssets |
| Minimum Investment Return | 15183 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 15183 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 15183 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 15183 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 15183 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 59316 | ExpensesAndContributions |
| Qualifying Distributions | 59316 | QualifyingDistributions |
| Adj Qualifying Distributions | 59316 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 15183 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 18070 | UndistributedIncomePriorYear |
| Qualifying Distributions | 59316 | QualifyingDistributions |
| Applied To Year1 | 18070 | AppliedToYear1 |
| Applied To Current Year | 15183 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 26063 | RemainingDistriFromCorpus |
| Total Corpus | 26063 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 26063 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 26063 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID LAURA OWEN | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | DAVID OWEN | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27085 W 102ND ST | AddressLine1 |
| City | OLATHE | City |
| State | KS | State |
| ZIP Code | 660618406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9133124003 | RecipientPhoneNumber |
| Form And Info And Materials | TELEPHONE CALL OR LETTER OF INQUIRY. | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| OTTAWA UNIVERSITY | ||||||
| 1001 SOUTH CEDAR | OTTAWA | KS | 66067 | 501(C)(3) | SCHOLARSHIPS & LEADERSHIP INSTUTUTE | $41,597 |
| FCA | ||||||
| 8701 LEEDS ROAD | KANSAS CITY | MO | 641291626 | 501(C)(3) | OPERATIONS | $4,900 |
| MULTIPLE MYELOMA FOUND | ||||||
| 12650 N RIVERSIDE DRIVE | NORTH HOLLYWOOD | CA | 916073421 | 501(C)(3) | RESEARCH | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 47497 | 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 | $33 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -12266 | RelatedOrExemptFunctionIncome |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Related Or Exempt Function Income | 155 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $33 | ExclusionAmount |
| Related Or Exempt Function Income | -12111 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -12078 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | Category |
| Amount | $6,384 | Amount |
| Disbursements Charitable Prps | 6384 | DisbursementsCharitablePrps |
Compensation Explanation CompensationExplanation
Compensation Compensation (5 entries)
| DAVID C OWEN |
| JOHN E LARSON |
| LAURA E OWEN |
| ROGER L MASON |
| WILLIAM STUTZ |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | 12,500 SHS EMPIRE ENERGY | Name |
| Date Acquired | 2000-03 | DateAcquired |
| How Acquired | DONATION | HowAcquired |
| Date Sold | 2010-11 | DateSold |
| Gross Sales Price | 234 | GrossSalesPrice |
| Basis | 12500 | Basis |
| Total Net | -12266 | TotalNet |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (4 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 150,000 SHS AIMS WORLDWIDE | 108500 | 1500 |
| 12,500 SHS EMPIRE ENERGY | ||
| 1,667 CLST | 54000 | 17 |
| 1000 SHS SANUWAVE | 24080 | 42700 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | Category |
| Amount | $5,350 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| EXPENSES | ||
| BANK CHARGES | 85 | 85 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Revenue And Expenses Per Books | 155 | RevenueAndExpensesPerBooks |
Comments