2023-09-06T15:55:58-05:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 452735138 Defne and Muhtar Kent Educational Foundation Inc % Foundation Source DEFN 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Muhtar Kent President 8008391754 2023-08-25 true Muhtar Kent 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X 24474875 X 0 X 1372 1372 679884 679884 301107 1129251 301107 982363 982363 0 245 0 0 245 88200 34200 54000 12600 626 626 62390 30 62360 164061 34230 0 117231 1010295 1010295 1174356 34230 0 1127526 -191993 948133 887629 624049 624049 19682119 19818036 23850826 20569748 20442085 24474875 0 0 X 20569748 20442085 20569748 20442085 20569748 20442085 20569748 -191993 64330 20442085 20442085 Publicly-traded Securities 1129251 828144 301107 301107 301107 13179 13179 13179 8726 0 4500 13226 X 0 47 47 false false false false false false false true true GA true false false false true 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MEDFORD MA 02155 N/A I Scholarship grant 20000 M OZER UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DR 0026 LA JOLLA CA 92093 N/A I Scholarship Grant 30000 B UCAR UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 N/A I Scholarship grant 10000 1010295 14 1372 14 679884 18 301107 982363 982363 false false false false false false false false false false IN-KIND GRANT PART I LINE 25 AND PART XIV LINE 3A DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OR AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $238,395 TOTAL BOOK VALUE OF PROPERTY: $174,065 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $238,395 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $64,330 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: THE COCA-COLA CO UNITS: 3,751 DATE OF DISTRIBUTION: 12/6/2022 GRANT RECIPIENT: SCHWAB CHARITABLE FUND FMV OF PROPERTY: $238,395 BOOK VALUE OF PROPERTY: $174,065 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $238,395 ALTRIA GROUP INC 58658 60109 AMERICAN FUNDS NEW PERSPECTIVE 93231 96370 AMGEN INC 70986 80630 APPLE INC 122357 130320 BAIRD CORE PLUS BD FD INSTI CL 788120 656826 BLACKROCK EMERGING MARKETS FUN 62268 45738 CATERPILLAR INC 35895 51505 CISCO SYSTEMS INC 64507 66124 CONESTOGA SMALL CAP INST 27536 32425 COSTCO WHOLESALE CORPORATION 28489 37433 DBX ETF TR/X-TRACKERS MSCI EAF 1087884 1076324 DODGE & COX INCOME FUND 424327 359968 DODGE & COX STOCK 223590 257462 ELI LILLY & CO 40928 62559 FPA CRESCENT PORTFOLIO 100132 99842 FPA NEW INCOME FUND CLASS A 419523 397036 GEN DYNAMICS CP 30414 48878 HOME DEPOT INC 77111 79913 HONEYWELL INTL 45365 55504 ILLINOIS TOOL WORKS 34007 38332 INFINITY Q DIVERSIFIED ALPHA F 72975 204 INTERNATIONAL GROWTH AND INCOM 723619 660909 ISHARES S&P 500 INDEX FD 257809 385747 JOHNSON & JOHNSON 111709 122065 LOCKHEED MARTIN CORP 61266 76379 LOWES COMPANIES INC 41507 53197 MASTERCARD INC 36324 38946 MCDONALD'S CORP 66501 72734 MERCK & CO INC 60778 90757 METROPOLITAN WEST RETURN BOND 23911 18578 MICROSOFT CORP 168130 178906 MORGAN STANLEY 70464 68951 OAKMARK INTERNATIONAL FUND 78526 69947 ORACLE CORP 56225 62776 PHILIP MORRIS INTL 86291 86130 PIMCO INCOME FUND 362374 319662 PROCTER GAMBLE CO 89800 104273 QUALCOMM INC 46266 40458 RBB FUND INC. - WPG PARTNERS S 26063 30677 T ROWE PRICE CAP APPRECIATION 81126 72505 TARGET CORPORATION 54279 49928 TEXAS INSTRUMENTS INC 56487 62618 THE COCA-COLA CO 8717614 12300137 THE JENSEN PORTFOLIO INC CLASS 152064 183493 TWEEDY BROWNE GLOBAL VALUE FUN 124250 117667 UNION PACIFIC 52045 55081 UNITED PARCEL SERVICE 44249 52326 UNITEDHEALTH GROUP INC 55845 90661 VANGUARD DIVIDEND GROWTH FD 1290773 1475337 VANGUARD EQUITY INCOME - ADMIR 1856836 2073873 VANGUARD TOTAL BOND MARKET ETF 297646 245190 VANGUARD TOTAL BOND MARKET IND 60901 54612 VISA INC 52508 52771 WAL-MART STORES INC 75685 74014 WISDOMTREE SC DIV 569862 676019 General Consultations 245 245 Administrative Fees 60518 60518 Bank Charges 30 30 Indemnification Insurance 1142 1142 Website Hosting/Support 700 700 GRANT OF PUBLICLY-TRADED SECURITIES 64330 Investment Management Services 34200 34200 Philanthropic Consulting Srvcs 54000 54000 990-PF Estimated Tax for 2022 8100 990-PF Extension for 2021 4500