The Kimerling Foundation: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
The Kimerling Foundation (EIN 23-7015591)
Tax period
2010-08-01 to 2011-07-31
Filed
2011-12-14
IRS object ID
201133489349100103
Schema version
2010v3.4
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)
Timestamp2011-12-14T18:17:45-06:00Timestamp
Tax Period End Date2011-07-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1L Paul Kassouf & Co PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12208 University BoulevardAddressLine1
CityBirminghamCity
StateALState
ZIP Code352332393ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-08-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237015591EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The Kimerling FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlKIMENameControl
Phone2054106900Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 131423AddressLine1
CityBirminghamCity
StateALState
ZIP Code352136423ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDavid KimerlingName
TitlePresident/TreasurerTitle
Phone2054106900Phone
Date Signed2011-11-22DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDavid P KassoufName
Phone2054432500Phone
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 EOY120900FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses0TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1024AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss190OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm80OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1214TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm80TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss247600ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps247600ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss248814TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm80TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps247600TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-248814ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY369714SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY120900SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV120900SavingsAndTempCashInvstEOYFMV
Total Assets BOY369714TotalAssetsBOY
Total Assets EOY120900TotalAssetsEOY
Total Assets EOYFMV120900TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY369714RetainedEarningsBOY
Retained Earnings EOY120900RetainedEarningsEOY
Total Net Assets BOY369714TotalNetAssetsBOY
Total Net Assets EOY120900TotalNetAssetsEOY
Total Liabilities Net Assets BOY369714TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY120900TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY369714TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-248814ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal120900Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY120900TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1203567QualifyingDistributionsYear1
Noncharitable Assets Year1435174NoncharitableAssetsYear1
Distribution Ratio Year10.467783DistributionRatioYear1
Qualifying Distributions Year2203837QualifyingDistributionsYear2
Noncharitable Assets Year2584496NoncharitableAssetsYear2
Distribution Ratio Year20.348740DistributionRatioYear2
Qualifying Distributions Year360000QualifyingDistributionsYear3
Noncharitable Assets Year3745014NoncharitableAssetsYear3
Distribution Ratio Year30.080535DistributionRatioYear3
Qualifying Distributions Year4111105QualifyingDistributionsYear4
Noncharitable Assets Year4839580NoncharitableAssetsYear4
Distribution Ratio Year40.132334DistributionRatioYear4
Qualifying Distributions Year5633415QualifyingDistributionsYear5
Noncharitable Assets Year51074300NoncharitableAssetsYear5
Distribution Ratio Year50.589607DistributionRatioYear5
Total Distribution Ratio1.618999TotalDistributionRatio
Average Distribution Ratio0.323800AverageDistributionRatio
Net Noncharitable Assets227719NetNoncharitableAssets
Adjusted Noncharitable Assets73735AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One73735AdjNonchrtblAssetsAndOnePct
Qualifying Distributions247600QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment644EstTaxPaymentsAndOverpayment
Total Credits And Payments644TotalCreditsAndPayments
Overpayment644Overpayment
Amount Credited To Next Year644AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithALStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameDavid KimerlingBooksInCareOfPersonName
Books In Care Of Phone Number2058704561BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 131423AddressLine1
CityBirminghamCity
StateALState
ZIP Code35213ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

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
David Kimerling
PO Box 131423BirminghamAL35213President/Treasurer2.00000
Jonathan Kimerling
PO Box 131423BirminghamAL35213Secretary2.00000
Sheryl Kimerling
PO Box 131423BirminghamAL35213Officer2.00000
Mary Kimerling
PO Box 131423BirminghamAL35213Officer2.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1NoneDescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1NoneDescription1
Amount10Amount1
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances231187AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets231187TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets231187AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable3468CashDeemedCharitable
Net Noncharitable Assets227719NetNoncharitableAssets
Minimum Investment Return11386MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return11386MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj11386DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded11386DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted11386DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions247600ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions247600QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions247600AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted11386DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5580870ExcessDistriCarryoverYear5
Excess Distri Carryover Year470081ExcessDistriCarryoverYear4
Excess Distri Carryover Year323554ExcessDistriCarryoverYear3
Excess Distri Carryover Year2174938ExcessDistriCarryoverYear2
Excess Distri Carryover Year1181874ExcessDistriCarryoverYear1
Total Excess Distri Carryover1031317TotalExcessDistriCarryover
Qualifying Distributions247600QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year11386AppliedToCurrentYear
Remaining Distri From Corpus236214RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1267531TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5580870ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year686661ExcessDistriCyovToNextYear
Excess From Year470081ExcessFromYear4
Excess From Year323554ExcessFromYear3
Excess From Year2174938ExcessFromYear2
Excess From Year1181874ExcessFromYear1
Excess From Current Year236214ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
Birmingham Jewish Federation
3966 Montclair RoadBirminghamAL35213General Fund$200,000
Ronald McDonald House Charity
1700 4th Avenue SouthBirminghamAL35233General Fund$6,500
Temple Beth-El
2179 Highland AvenueBirminghamAL35210General Fund$11,100
The Birmingham Holocaust Center
2222 Arlington AvenueBirminghamAL35205General Fund$5,000
United Way of Central Alabama
3600 8th Avenue SouthBirminghamAL35222General Fund$25,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year247600TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA0TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryProfessional feesCategory
Amount$1,024Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionMiscellaneousDescription
Revenue And Expenses Per Books190RevenueAndExpensesPerBooks
Net Investment Income80NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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