THE KILTS FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE KILTS FAMILY FOUNDATION (EIN 13-4147482)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-08
- IRS object ID
- 202323129349100602
- Schema version
- 2022v5.0
- 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
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-08T06:18:58-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Manhattan West | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134147482 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Kilts Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % C/O JOHN JUSTICE THE AYCO C | InCareOfNm |
| Business Name Control | KILT | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o THE AYCO CO LP - PO BOX 15201 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 122125201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | james kilts | PersonNm |
| Person Title | officer | PersonTitleTxt |
| Phone | 5186405000 | PhoneNum |
| Signature | 2023-11-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | james | PersonFirstNm |
| Person Last | kilts | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTINE W DIIONNA | PreparerPersonNm |
| PTIN | P00999533 | PTIN |
| Phone | 2127733000 | PhoneNum |
| Preparation | 2023-11-01 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,167,010 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,611 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,611 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $552,498 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $552,498 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,319,552 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,252,708 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,319,552 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $73,301 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $69,608 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,946,962 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,943,269 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $58,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $29,175 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $29,175 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $88,343 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $88,343 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $60,269 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,269 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $85 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $85 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $207,047 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $127,787 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $29,260 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,565,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,565,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,772,197 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $127,787 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,594,410 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $174,765 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,815,482 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $244,318 | CashBOYAmt |
| Cash EOY | $227,796 | CashEOYAmt |
| Cash EOYFMV | $227,796 | CashEOYFMVAmt |
| Corporate Stock BOY | $19,851,282 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,160,784 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,384,254 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,065,183 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $21,956,076 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,554,960 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $9,108 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $23,169,891 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,344,656 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,167,010 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $23,169,891 | CapitalStockBOYAmt |
| Capital Stock EOY | $23,344,656 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,169,891 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,344,656 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,169,891 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,344,656 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,169,891 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $174,765 | ExcessRevenueOverExpensesAmt |
| Subtotal | $23,344,656 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $23,344,656 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| FP #716 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $28,030 | $22,457 | $5,573 | $5,573 |
| FP #724 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $50,659 | $30,031 | $20,628 | $20,628 |
| FP #435 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $42,770 | $21,319 | $21,451 | $21,451 |
| FP #262 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $20,628 | $17,595 | $3,033 | $3,033 |
| FP #780 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $198,100 | $185,536 | $12,564 | $12,564 |
| SL #189 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $25,460 | $20,527 | $4,933 | $4,933 |
| SL #254 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $26,139 | $25,047 | $1,092 | $1,092 |
| SL #262 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $15,669 | $13,587 | $2,082 | $2,082 |
| SL #270 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $45,783 | $30,110 | $15,673 | $15,673 |
| SL #288 - PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $43,656 | $31,425 | $12,231 | $12,231 |
| GS #456-1 PUBLICLY TRADED SECURITIES | P | 2022-12-31 | $3,490,004 | $2,479,055 | $1,010,949 | $1,010,949 |
| GSO MEZZANINE FINANCE FUND | P | 2022-12-31 | $4,067 | $4,067 | $4,067 | |
| VINTAGE VIII OFFSHORE SCSP | P | 2022-12-31 | $88,015 | $39,851 | $48,164 | $48,164 |
| KKR PRINCIPAL OPPS II ACCESS | P | 2022-12-31 | $28,770 | $16,039 | $12,731 | $12,731 |
| K-1 WEST STREET CAPITAL PARTNERS VIII PARALLEL | P | 2022-12-31 | $577 | -$577 | -$577 | |
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 | ||||
| CAPITAL GAIN DIVIDENDS | P | $144,958 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,319,552 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,235 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $25,235 | SubtotalAmt |
| Tax Based On Investment Income | $25,235 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $45,108 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $45,108 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $19,873 | OverpaymentAmt |
| Applied To ES Tax | $19,873 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CO JOHN JUSTICE THE AYCO CO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5188864221 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 COLISEUM DRIVE | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SANDRA M KILTS | ||||||||
| c/o THE AYCO CO LP - PO BOX 15201 | ALBANY | NY | 122125201 | VP/SECRETARY & DIRECTOR | 1.0 | $0 | $0 | $0 |
| JAMES M KILTS | ||||||||
| c/o THE AYCO CO LP - PO BOX 15201 | ALBANY | NY | 122125201 | PRESIDENT & DIRECTOR | 1.0 | $0 | $0 | $0 |
| JAMES M KILTS JR | ||||||||
| c/o THE AYCO CO LP - PO BOX 15201 | ALBANY | NY | 122125201 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| SARAH KILTS | ||||||||
| c/o THE AYCO CO LP - PO BOX 15201 | ALBANY | NY | 122125201 | DIRECTOR | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GOLDMAN SACHS & CO | |||||
| 100 COLISEUM DRIVE | COHOES | NY | 12047 | INVEST MANAGEMENT | $54,455 |
| THE AYCO COMPANY LP | |||||
| 100 COLISEUM DRIVE | COHOES | NY | 12047 | ACCOUNTING SERVICES | $58,350 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $22,164,381 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $232,856 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,228,083 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,625,320 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,625,320 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $414,380 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,210,940 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,360,547 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,360,547 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,235 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,235 | TotalTaxAmt |
| Distributable Before Adj | $1,335,312 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,335,312 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,335,312 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,594,410 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,594,410 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,335,312 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $1,324,676 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,324,676 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,594,410 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,335,312 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $259,098 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,583,774 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,583,774 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,324,676 | ExcessFromYear2Amt |
| Excess From Current Year | $259,098 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES M KILTS | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| KNOX COLLEGE | |||||||
| 2 E SOUTH STREET | GALESBURG | IL | 61401 | none | PC | GENERAL CHARITABLE PURPOSES | $212,500 |
| WEILL CORNELL MEDICINE | |||||||
| 1300 YORK AVENUE | NEW YORK | NY | 10065 | NONE | PC | GENERAL CHARITABLE PURPOSES | $625,000 |
| AMERICAN ENTERPRISE INSTITUTE | |||||||
| 1789 MASSACHUSETTS AVENUE | WASHINGTON | DC | 20036 | NONE | PC | GENERAL CHARITABLE PURPOSES | $50,000 |
| BROOKLYN MUSEUM | |||||||
| 200 EASTERN PARKWAY | BROOKLYN | NY | 11238 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| CAMP ELIM | |||||||
| 5567 PAINTED ROCKS ROAD | WOODLAND PARK | CO | 80863 | NONE | PC | GENERAL CHARITABLE PURPOSES | $150 |
| CATO INSTITUTE | |||||||
| 1000 MASSACHUSETTS AVENUE | WASHINGTON | DC | 20001 | NONE | PC | GENERAL CHARITABLE PURPOSES | $200,000 |
| CLEMSON UNIVERSITY | |||||||
| 401 KLUGH ROAD | CLEMSON | SC | 29634 | NONE | PC | GENERAL CHARITABLE PURPOSES | $52,500 |
| CONVENTION OF STATES FOUNDATION | |||||||
| 5850 SAN FELIPE STREET | HOUSTON | TX | 77057 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| MERCATUS CENTER - GEORGE MASON UNIVERSITY | |||||||
| 3434 WASHINGTON BLVD | ARLINGTON | VA | 22201 | NONE | PC | GENERAL CHARITABLE PURPOSES | $25,000 |
| STATE POLICY NETWORK | |||||||
| 1655 FORT MYER DRIVE | ARLINGTON | VA | 22209 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| UNIVERSITY OF CHICAGO | |||||||
| 5801 S ELLIS AVENUE | CHICAGO | IL | 60637 | NONE | PC | GENERAL CHARITABLE PURPOSES | $380,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,565,150 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,611 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $552,498 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $73,301 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,319,552 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,946,962 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,946,962 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $58,350 | Amt |
| Net Investment Income | $29,175 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $29,175 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| GOLDMAN SACHS CO |
| PROVIDE INVESTMENT MANAGEMENT SERVICES |
| THE AYCO COMPANY LP |
| PROVIDE ACCOUNTING & TAX SERVICES |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Delaware does not require a copy of Form 990PF | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED | StockNm |
| EOY Book Value | $1,160,784 | EOYBookValueAmt |
| EOYFMV | $1,384,254 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE ATTACHED | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $21,956,076 | BookValueAmt |
| EOYFMV | $24,554,960 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLES | Desc |
| BOY Book Value | $9,108 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CT CORPORATE BUSINESS FEE | Desc |
| Revenue And Expenses Per Books | $85 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $85 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | $22,098 | $22,098 |
| PASSTHROUGH INCOME | $51,203 | $47,510 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $88,343 | Amt |
| Net Investment Income | $88,343 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX PAID | $10,269 | $10,269 |
| EXCISE TAXES PAID | $50,000 |