WILLIS AND NANCY KING FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WILLIS AND NANCY KING FOUNDATION INC (EIN 22-3556757)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-06
- IRS object ID
- 202231269349101103
- Schema version
- 2021v4.1
- 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
- Schedule B
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-06T09:00:28-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941687665 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 653067 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752653067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223556757 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIS & NANCY KING FDN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KING | BusinessNameControlTxt |
| Phone | 8888663275 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 653067 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752653067 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY KING | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8888663275 | PhoneNum |
| Signature | 2022-04-25 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN J KISER | PreparerPersonNm |
| PTIN | P00146417 | PTIN |
| Phone | 8888663275 | PhoneNum |
| Preparation | 2022-04-25 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,610,179 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $500,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $81,518 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $81,518 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $158,554 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $501,799 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $158,554 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $740,072 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $240,072 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $22,519 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $13,511 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $9,007 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $866 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $866 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $24,635 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,127 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,507 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $140,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $140,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $164,635 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,127 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $149,507 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $575,437 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $224,945 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $17,165 | CashBOYAmt |
| Cash EOY | $27,165 | CashEOYAmt |
| Cash EOYFMV | $27,165 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $128,985 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $666,296 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $666,296 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $2,290,157 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,318,830 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,916,718 | CorporateStockEOYFMVAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,436,307 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,012,291 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,610,179 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,436,307 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,012,291 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,436,307 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,012,291 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,436,307 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,012,291 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,436,307 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $575,437 | ExcessRevenueOverExpensesAmt |
| Other Increases | $687 | OtherIncreasesAmt |
| Subtotal | $3,012,431 | SubtotalAmt |
| Other Decreases | $140 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,012,291 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (68 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 5569.802 AQR LONG SHORT EQUITY FUND CL I | 2019-05-01 | 2021-01-29 | $53,637 | $61,435 | -$7,798 | -$7,798 | |
| 1038.066 AQR LONG SHORT EQUITY FUND CL I | 2020-05-29 | 2021-01-29 | $9,997 | $9,426 | $571 | $571 | |
| 909.112 DIAMOND HILL LARGE CAP FD CL I | 2019-02-01 | 2021-01-29 | $27,210 | $22,782 | $4,428 | $4,428 | |
| 556.817 OAKMARK INTL FD CL INSTITUTIONAL | 2017-09-29 | 2021-01-29 | $14,271 | $16,047 | -$1,776 | -$1,776 | |
| 114. ISHARES S&P 100 | 2018-01-31 | 2021-01-29 | $19,496 | $14,319 | $5,177 | $5,177 | |
| 180.558 LOOMIS SAYLES GROWTH FUND CL Y | 2019-06-28 | 2021-01-29 | $4,084 | $3,149 | $935 | $935 | |
| 805.149 LOOMIS SAYLES GROWTH FUND CL Y | 2018-02-01 | 2021-01-29 | $18,212 | $13,414 | $4,798 | $4,798 | |
| 19. VANGUARD 500 INDEX FUND SHS ETF | 2018-03-29 | 2021-01-29 | $6,468 | $4,592 | $1,876 | $1,876 | |
| 29. VANGUARD 500 INDEX FUND SHS ETF | 2020-03-20 | 2021-01-29 | $9,873 | $6,350 | $3,523 | $3,523 | |
| 6. VANGUARD 500 INDEX FUND SHS ETF | 2016-01-08 | 2021-01-29 | $2,043 | $1,066 | $977 | $977 | |
| 110. ISHARES RUSSELL MID-CAP ETF | 2017-02-10 | 2021-02-26 | $7,977 | $5,133 | $2,844 | $2,844 | |
| 349.554 CREDIT SUISSE COMMODITY RETURN STRTGY FD CL I | 2015-07-31 | 2021-05-28 | $1,902 | $1,836 | $66 | $66 | |
| 2075.896 CREDIT SUISSE COMMODITY RETURN STRTGY FD CL I | 2018-02-01 | 2021-05-28 | $11,293 | $10,595 | $698 | $698 | |
| 498.582 DIAMOND HILL LARGE CAP FD CL I | 2019-02-01 | 2021-05-28 | $17,869 | $12,494 | $5,375 | $5,375 | |
| 572.099 MFS MID CAP VALUE FUND CL R6 | 2019-02-01 | 2021-05-28 | $18,193 | $12,609 | $5,584 | $5,584 | |
| 261.838 BLACKROCK MID CAP GROWTH EQUITY PORTFOLIO INST CL | 2020-05-29 | 2021-08-31 | $13,047 | $8,643 | $4,404 | $4,404 | |
| 306. LOOMIS SAYLES GROWTH FUND CL Y | 2018-02-01 | 2021-08-31 | $8,418 | $5,098 | $3,320 | $3,320 | |
| 93.344 CONESTOGA SMALL CAP FUND INSTL CLASS | 2021-01-29 | 2021-11-10 | $8,870 | $7,410 | $1,460 | $1,460 | |
| 35.594 CONESTOGA SMALL CAP FUND INSTL CLASS | 2018-02-01 | 2021-11-10 | $3,382 | $1,815 | $1,567 | $1,567 | |
| 366.318 CREDIT SUISSE COMMODITY RETURN STRTGY FD CL I | 2018-02-01 | 2021-11-10 | $13,187 | $11,215 | $1,972 | $1,972 | |
| 269.569 DIAMOND HILL LARGE CAP FD CL I | 2019-02-01 | 2021-11-10 | $10,198 | $6,755 | $3,443 | $3,443 | |
| 108. ISHARES S&P 100 | 2018-01-31 | 2021-11-10 | $23,177 | $13,565 | $9,612 | $9,612 | |
| 113. ISHARES RUSSELL MID-CAP ETF | 2017-02-10 | 2021-11-10 | $9,529 | $5,273 | $4,256 | $4,256 | |
| 102. ISHARES RUSSELL MID-CAP ETF | 2020-03-20 | 2021-11-10 | $8,601 | $4,052 | $4,549 | $4,549 | |
| 21. ISHARES RUSSELL 2000 ETF | 2021-01-29 | 2021-11-10 | $5,014 | $4,344 | $670 | $670 | |
| 645.213 LOOMIS SAYLES GROWTH FUND CL Y | 2018-02-01 | 2021-11-10 | $18,014 | $10,749 | $7,265 | $7,265 | |
| 264. VANGUARD FTSE DEVELOPED MARKETS ETF | 2020-01-17 | 2021-11-10 | $13,814 | $11,786 | $2,028 | $2,028 | |
| 55. VANGUARD 500 INDEX FUND SHS ETF | 2016-01-08 | 2021-11-10 | $23,518 | $9,773 | $13,745 | $13,745 | |
| 111.37 ALLSPRING SPECIAL SMALL CAP VALUE FUND CL INSTL | 2017-03-02 | 2021-11-10 | $5,279 | $3,808 | $1,471 | $1,471 | |
| 95.803 ALLSPRING SPECIAL SMALL CAP VALUE FUND CL INSTL | 2019-02-01 | 2021-11-10 | $4,541 | $3,062 | $1,479 | $1,479 | |
| 91. ISHARES S&P 100 | 2018-01-31 | 2021-11-30 | $19,316 | $11,430 | $7,886 | $7,886 | |
| 45. VANGUARD 500 INDEX FUND SHS ETF | 2016-01-08 | 2021-11-30 | $18,933 | $7,996 | $10,937 | $10,937 | |
| 466.109 DIAMOND HILL LARGE CAP FD CL I | 2019-02-01 | 2021-12-01 | $16,724 | $11,681 | $5,043 | $5,043 | |
| 572.812 LOOMIS SAYLES GROWTH FUND CL Y | 2018-02-01 | 2021-12-01 | $15,054 | $9,543 | $5,511 | $5,511 | |
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P | |||||
| CAPITAL GAIN DIVIDENDS | $40,658 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $158,554 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,127 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,127 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,127 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,520 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,520 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,607 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 |
| 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8888663275 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 653067 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752653067 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| WILLIS T KING JR | ||||||
| 122 PROSPECT STREET | SUMMIT | NJ | 07901 | PRESIDENT | 1 | $0 |
| NANCY JANE KING | ||||||
| 122 PROSPECT STREET | SUMMIT | NJ | 07901 | TREASURER | 1 | $0 |
| EMILY ROBERTS KING | ||||||
| 32 SPRING STREET | RED BANK | NJ | 07901 | TRUSTEE | 1 | $0 |
| KATHLEEN RYAN KING | ||||||
| 1007 GARDEN STREET | HOBROKEN | NJ | 07030 | TRUSTEE | 1 | $0 |
| WILLIAM WALKER KING | ||||||
| 122 PROSPECT STREET | SUMMIT | NJ | 07901 | TRUSTEE | 1 | $0 |
| BANK OF AMERICA N A | ||||||
| 100 WESTMINISTER STREET | PROVIDENCE | RI | 02903 | AGENT FOR FIDUCIARY | 1 | $22,519 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,031,375 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $155,877 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,187,252 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,187,252 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $47,809 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,139,443 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $156,972 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $156,972 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,127 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,127 | TotalTaxAmt |
| Distributable Before Adj | $153,845 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $153,845 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $153,845 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $149,507 | 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 | $149,507 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $153,845 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $9,702 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $28,423 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $15,785 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $24,572 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $20,931 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $99,413 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $149,507 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $149,507 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $4,338 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $4,338 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $95,075 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $5,364 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $89,711 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $28,423 | ExcessFromYear4Amt |
| Excess From Year3 | $15,785 | ExcessFromYear3Amt |
| Excess From Year2 | $24,572 | ExcessFromYear2Amt |
| Excess From Year1 | $20,931 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | WILLIS AND NANCY KING FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 PROSPECT STREET | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9082772097 | RecipientPhoneNum |
| Form And Info And Materials | BY FORMAL PROPOSAL | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FAMILY & CHILDRENS SERVICES | |||||||
| 40 NORTH AVENUE | ELIZABETH | NJ | 07208 | N/A | PC | UNRESTRICTED GENERAL | $35,000 |
| CASA OF MORRIS & SUSSEX | |||||||
| 18 CATTANO AVE | MORRISTOWN | NJ | 07960 | N/A | PC | ADVOCACY FOR YOUTH IN | $5,000 |
| SINTE GLESKA UNIVERSITY | |||||||
| 101 ANTELOPE LAKE CIRCLE | MISSION | SD | 57555 | N/A | PC | SCHOLARSHIPS | $10,000 |
| REBUILDING TOGETHER | |||||||
| PO BOX 626 | GLENVIEW | IL | 60025 | N/A | PC | HOUSING PROGRAMS | $15,000 |
| INTERFAITH FOOD PANTRY | |||||||
| 2 EXECUTIVE DRIVE | MORRIS PLAINS | NJ | 07950 | N/A | PC | UNRESTRICTED GENERAL | $10,000 |
| MARYMOUNT MANHATTAN COLLEGE | |||||||
| 221 E 71ST STREET | NEW YORK | NY | 10021 | N/A | PC | BEDFORD HILLS PROGRAM | $10,000 |
| MISERICORDIA HOME | |||||||
| 6300 NORTH RIDGE AVE | CHICAGO | IL | 60660 | N/A | PC | RESIDENCE PROGRAM FOR | $10,000 |
| RETREAT FOR YOUNG WOMEN | |||||||
| 7100 GILLEN STREET | METAIRIE | LA | 70003 | N/A | PC | PROGRAM FOR ALL FAITHS | $10,000 |
| ALBERT ANTHONY KAYAL FDN | |||||||
| 137 HAMILTON AVE | WESTFIELD | NJ | 07090 | N/A | PC | ALCOHOL PROGRAMS | $5,000 |
| ONE LOVE FOUNDATION | |||||||
| PO BOX 368 | BRONXVILLE | NY | 10708 | N/A | PC | UNRTESTRICTED GENERAL | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $140,000 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $81,518 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $158,554 | 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 | $240,072 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $240,072 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | WILLIS THOMAS KING JR | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 PROSPECT ST | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079012472 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $500,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE - BOA | CategoryTxt |
| Amt | $1,250 | Amt |
| Net Investment Income | $750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $500 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NJ AG FILING IS NOT REQUIRED FOR FOUNDATIONS WITH LESS THAN $10,000 IN SOLICITATED CONTRIBUTIONS. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (37 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 464288588 ISHARES MBS ETF | ||
| 057071813 BAIRD MIDCAP FUND IN | ||
| 22544R305 CREDIT SUISSE COMMOD | $97,058 | $87,383 |
| 693390882 PIMCO INTERNATIONAL | $72,261 | $73,836 |
| 464287499 ISHARES RUSSELL MIDC | $57,254 | $122,523 |
| 464287655 ISHARES TR RUSSELL 2 | $51,155 | $89,870 |
| 92203J407 VANGUARD TOTAL INTER | $75,877 | $76,010 |
| 55272P596 MFS MID CAP VALUE FU | ||
| 464287226 ISHARES CORE U.S. AG | $227,348 | $234,891 |
| 464287440 ISHARES 7-10 YEAR TR | ||
| 922908363 VANGUARD 500 INDEX F | $50,289 | $123,549 |
| 41665H847 HARTFORD MUT FDS II | ||
| 543487110 LOOMIS SAYLES GROWTH | $80,328 | $144,700 |
| 64128R608 NEUBERGER BERMAN LON | $49,353 | $68,596 |
| 94975P447 ALLSPRING SPECIAL SM | $72,889 | $103,625 |
| 524686672 BRANDYWINEGLBL GLBL | $38,774 | $41,053 |
| 464288661 ISHARES 3-7 YR TREAS | ||
| 921943858 VANGUARD FTSE DEVELO | $91,412 | $121,268 |
| 922042858 VANGUARD FTSE EMERGI | $48,482 | $46,295 |
| 92206C870 VANGUARD INTERMEDIAT | ||
| 412295107 HARDING LOEVNER INTL | $64,505 | $82,461 |
| 413838723 OAKMARK INTL FD CL I | $57,640 | $79,115 |
| 464287101 ISHARES S&P 100 | $67,535 | $123,370 |
| 207019704 CONESTOGA SMALL CAP | $66,208 | $100,866 |
| 74925K367 ABBEY CAPITAL FUTURE | $41,940 | $39,929 |
| 00203H446 AQR LONG-SHORT EQUIT | ||
| 09250J734 BLACKROCK EVENT DRIV | $100,282 | $102,678 |
| 25264S841 DIAMOND HILL LARGE C | $94,655 | $145,728 |
| 72201M453 PIMCO UNCONSTRAINED | ||
| 74440Y884 PGIM HIGH YIELD FUND | $31,030 | $30,983 |
| 78468R663 SPDR BLOOMBERG 1-3 M | $118,301 | $118,036 |
| 091928861 BLACKROCK MID CAP GR | $84,574 | $118,465 |
| 55273W475 MFS MID CAP VALUE FU | $65,514 | $112,203 |
| 72201M487 PIMCO DYNAMIC BOND F | $47,090 | $46,209 |
| 957663677 WESTERN ASSET CORE B | $313,398 | $311,890 |
| 41665X859 HARTFORD SCHRODERS E | $85,680 | $104,127 |
| 47803P476 JOHN HANCOCK SEAPORT | $67,998 | $67,059 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUST CARRYING VALUE | Desc |
| Amt | $140 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME ADJUSTMENT | Desc |
| Amt | $687 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES ON QUALIFIED FOR | $735 | $735 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $131 | $131 | $0 |