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KAUL FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KAUL FOUNDATION INC (EIN 47-2028290)
Tax period
2024-12-01 to 2025-11-30
Filed
2026-05-15
IRS object ID
202601359349101915
Schema version
2024v5.2
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)
Return2026-05-15T12:36:52-04:00ReturnTs
Tax Period End2025-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593757352PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Jeffrey D Walker CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13805 S Westshore BlvdAddressLine1Txt
CityTampaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33611ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472028290EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kaul Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Victor W HolcombInCareOfNm
Business Name ControlKAULBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13203 W Cypress StAddressLine1Txt
CityTampaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33607ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVICTOR W HOLCOMBPersonNm
Person TitleOfficerPersonTitleTxt
Phone8132582335PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY WALKER CPAPreparerPersonNm
PTINP01336991PTIN
Phone8135056908PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$11,318,671FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,798InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,798InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$233,762DividendsRevAndExpnssAmt
Dividends Net Invst Incm$233,762DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$533,502NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,663,947GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$533,502CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$774,062TotalRevAndExpnssAmt
Total Net Invst Incm$774,062TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$72,450OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$56,350OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$12,000OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$72,450TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$56,350TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$12,000TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$390,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$390,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$462,450TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$56,350TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$402,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$311,612ExcessRevenueOverExpensesAmt
Net Investment Income$717,712NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$246,008SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$208,635SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$208,635SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$5,400,207CorporateStockBOYAmt
Corporate Stock EOY$5,532,908CorporateStockEOYAmt
Corporate Stock EOYFMV$8,321,038CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,642,721CorporateBondsBOYAmt
Corporate Bonds EOY$2,871,586CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,788,998CorporateBondsEOYFMVAmt
Total Assets BOY$8,288,936TotalAssetsBOYAmt
Total Assets EOY$8,613,129TotalAssetsEOYAmt
Total Assets EOYFMV$11,318,671TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$8,288,936CapitalStockBOYAmt
Capital Stock EOY$8,613,129CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$8,288,936TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,613,129TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,288,936TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,613,129TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,288,936TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$311,612ExcessRevenueOverExpensesAmt
Other Increases$12,581OtherIncreasesAmt
Subtotal$8,613,129SubtotalAmt
Tot Net Ast Or Fund Balances EOY$8,613,129TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly traded securitiesPropertyDesc
Gross Sales Price$2,663,947GrossSalesPriceAmt
Cost Or Other Basis$2,130,445CostOrOtherBasisAmt
Gain Or Loss$533,502GainOrLossAmt
Gains Minus Excess Or Losses$533,502GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$533,502CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$9,976InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$9,976SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$9,976TaxBasedOnInvestmentIncomeAmt
Tax Due$9,976TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksVICTOR W HOLCOMBIndividualWithBooksNm
Phone8132585835PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13203 W Cypress StAddressLine1Txt
CityTampaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33607ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Victor W Holcomb
3203 W Cypress StTampaFL33607Officer40.00$0$0$0
John L Holcomb
3203 W Cypress StTampaFL33607Officer40.00$0$0$0
William F Poe
3203 W Cypress StTampaFL33607Trustee1.00$0$0$0
William Smalley
3203 W Cypress StTampaFL33607Trustee1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$10,430,340AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$117,002AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,547,342TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$10,547,342AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$158,210CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,389,132NetVlNoncharitableAssetsAmt
Minimum Investment Return$519,457MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$519,457MinimumInvestmentReturnAmt
Tax Based On Investment Income$9,976TaxBasedOnInvestmentIncomeAmt
Total Tax$9,976TotalTaxAmt
Distributable Before Adj$509,481DistributableBeforeAdjAmt
Distributable Before Ded$509,481DistributableBeforeDedAmt
Distributable As Adjusted$509,481DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$402,000ExpensesAndContributionsAmt
Qualifying Distributions$402,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$509,481DistributableAsAdjustedAmt
Undistributed Income PY$337,415UndistributedIncomePYAmt
Qualifying Distributions$402,000QualifyingDistributionsAmt
Applied To Year1$337,415AppliedToYear1Amt
Applied To Current Year$64,585AppliedToCurrentYearAmt
Undistributed Income CY$444,896UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSee Schedule AttachedRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13203 Cypress StAddressLine1Txt
CityTampaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33607ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeEducation achievment Public welfareGrantOrContributionPurposeTxt
Amt$390,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$390,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$240,560ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$533,502ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$774,062ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$774,062TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondFixed Income PortfolioBondNm
EOY Book Value$2,871,586EOYBookValueAmt
EOYFMV$2,788,998EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
Equity Investments BNY Mellon$4,811,914$7,496,487
Alternative Class Investments$720,994$824,551

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Trustee Fees$12,000$0$0$12,000
Asset Management Fees$53,096$53,096$0$0
Foreign Taxes$3,254$3,254$0$0
Excise Taxes$4,100$0$0$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescBook Adjustment to Unrealized GainDesc
Amt$12,581Amt

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