DONALD AND MARILYN KEOUGH FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- DONALD AND MARILYN KEOUGH FOUNDATION (EIN 58-1709967)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349107190
- Schema version
- 2021v4.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- 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 | 2022-11-15T14:58:23-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 201 N FRANKLIN ST STE 2400 | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33602 | 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 | 581709967 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Donald and Marilyn Keough Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL KEOUGH | InCareOfNm |
| Business Name Control | DONA | BusinessNameControlTxt |
| Phone | 7708525005 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Galleria Parkway Suite 970 | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30339 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL KEOUGH | PersonNm |
| Person Title | Foundation Manager | PersonTitleTxt |
| Phone | 7708525005 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | KEOUGH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE A MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 8132254950 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $154,425,003 | 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 | $9,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $114,690 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $114,963 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,881,039 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,881,038 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,319,688 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,469,882 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,313,847 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $159,167 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $151,949 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $14,474,584 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,461,797 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $13,532 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $13,532 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,309 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,155 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $15,154 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $519,313 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $519,313 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $6,425 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $6,323 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $44,658 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,629 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $78,635 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $78,635 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,423 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,813 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $7,610 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $704,295 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $552,233 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $114,931 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,464,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,464,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,168,295 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $552,233 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,578,931 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,306,289 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,909,564 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $8,856,191 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,792,740 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,792,740 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $13,058,617 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $8,995,106 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $8,995,106 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $46,401,707 | CorporateStockBOYAmt |
| Corporate Stock EOY | $48,301,128 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $87,176,346 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,120,177 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,661,565 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,718,940 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $28,386,829 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $30,379,271 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $42,651,171 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $60,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $60,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $90,700 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $98,883,521 | TotalAssetsBOYAmt |
| Total Assets EOY | $103,189,810 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $154,425,003 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $38,454,379 | CapitalStockBOYAmt |
| Capital Stock EOY | $38,454,379 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $500 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $500 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $60,428,642 | RetainedEarningBOYAmt |
| Retained Earning EOY | $64,734,931 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $98,883,521 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $103,189,810 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $98,883,521 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $103,189,810 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $98,883,521 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,306,289 | ExcessRevenueOverExpensesAmt |
| Subtotal | $103,189,810 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $103,189,810 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $1,385,924 | $1,312,424 | $73,500 | $73,500 |
| PUBLICLY TRADED SECURITIES | $8,448,619 | $5,691,217 | $2,757,402 | $2,757,402 |
| SHORT TERM GAINS FROM PARTNERSHIPS | $152,394 | -$152,394 | -$152,394 | |
| LONG TERM GAINS FROM PARTNERSHIPS | $527,308 | $527,308 | $527,308 | |
| CAPITAL GAINS DISTRIBUTIONS | $108,031 | $108,031 | $108,031 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,313,847 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $68,243 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $68,243 | SubtotalAmt |
| Tax Based On Investment Income | $68,243 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $56,932 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $35,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $91,932 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $209 | EsPenaltyAmt |
| Overpayment | $23,480 | OverpaymentAmt |
| Applied To ES Tax | $23,480 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | 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 | NONE | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL KEOUGH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7708525005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 GALLERIA PKWY STE 970 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30339 | 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL L KEOUGH | |||||||||
| 200 Galleria Parkway | Suite 970 | Atlanta | GA | 30339 | Foundation Manager | 3.0 | $0 | $0 | $0 |
| KATHLEEN K SOTO | |||||||||
| 200 Galleria Parkway | Suite 970 | Atlanta | GA | 30339 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| SHAYLA K RUMELY | |||||||||
| 200 Galleria Parkway | Suite 970 | Atlanta | GA | 30339 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| PATRICK J KEOUGH | |||||||||
| 200 Galleria Parkway | Suite 970 | Atlanta | GA | 30339 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| EILEEN K MILLARD | |||||||||
| 200 Galleria Parkway | Suite 970 | Atlanta | GA | 30339 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| CLARKE R KEOUGH | |||||||||
| 200 Galleria Parkway | Suite 970 | Atlanta | GA | 30339 | TRUSTEE | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALLEN INVESTMENT MANAGEMENT LLC | |||||
| 711 FIFTH AVE 8TH FLR | NEW YORK | NY | 100223168 | INVESTMENT MGMT | $255,024 |
| MERRILL LYNCH | |||||
| 4 WORLD FINANCIAL CENTER 250 VESEY | NEW YORK | NY | 10080 | INVESTMENT MGMT | $179,186 |
| GENSPRING | |||||
| 150 SOUTH US HWY 1 | JUPITER | FL | 33477 | INVESTMENT MGMT | $84,799 |
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 | $136,615,573 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,672,603 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $90,700 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $145,378,876 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $145,378,876 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,180,683 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $143,198,193 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,159,910 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,159,910 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $68,243 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $0 | IncomeTaxAmt |
| Total Tax | $68,243 | TotalTaxAmt |
| Distributable Before Adj | $7,091,667 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,091,667 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,091,667 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,578,931 | 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 | $9,578,931 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,091,667 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $90,472 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $545,276 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $635,748 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,578,931 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $7,091,667 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,487,264 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,123,012 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,123,012 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $90,472 | ExcessFromYear3Amt |
| Excess From Year2 | $545,276 | ExcessFromYear2Amt |
| Excess From Current Year | $2,487,264 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 2021 GRANTS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHMENT | AddressLine1Txt |
| Address Line2 | SEE ATTACHMENT | AddressLine2Txt |
| City | Various | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | GENERAL | GrantOrContributionPurposeTxt |
| Amt | $9,464,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,464,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $114,690 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,881,039 | 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) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,841 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,313,847 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| OTHER INCOME | 523000 | 01 | $159,318 | |
| PARTNERSHIP K-1 INCOME | 901101 | 01 | -$151 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $5,690 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,468,894 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,474,584 | TotalIncomeProducingActyAmt |
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 | ESTATE OF DONALD R KEOUGH | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 GALLERIA PARKWAY SUITE 970 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30339 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $9,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG | CategoryTxt |
| Amt | $30,309 | Amt |
| Net Investment Income | $15,155 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $15,154 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | GENSPRING - SEE ATTACHED | BondNm |
| EOY Book Value | $2,661,565 | EOYBookValueAmt |
| EOYFMV | $2,718,940 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GENSPRING - SEE ATTACHED | $18,938,731 | $26,667,355 |
| OPPENHEIMER/ML - SEE ATTACHED | $2,614,296 | $17,725,971 |
| ALLEN INVESTMENT - SEE ATTACH | $20,719,779 | $33,740,315 |
| MERRILL LYNCH - SEE ATTACHED | $6,028,322 | $9,042,705 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $8,995,106 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $8,995,106 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GENSPRING - SEE ATTACHED | $4,531,731 | $7,000,089 |
| OPPENHEIMER - SEE ATTACHED | $7,063,841 | $11,131,915 |
| ALLEN INVESTMTS - SEE ATTACHED | $10,139,720 | $14,279,304 |
| MERRILL LYNCH - SEE ATTACHED | $8,643,979 | $10,239,863 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART | Desc |
| BOY Book Value | $60,000 | BOYBookValueAmt |
| EOY Book Value | $60,000 | EOYBookValueAmt |
| EOYFMV | $90,700 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| SUPPLIES | $2,180 | $2,180 | |
| INSURANCE | $3,569 | $3,569 | |
| EQUIPMENT | $1,488 | $1,488 | |
| OTHER EXPENSES | $4,186 | $373 | $3,813 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PASS THROUGH INCOME FROM K-1 | $151,978 | $151,949 | $0 |
| NON DIVIDEND DISTRIBUTIONS | $3,295 | $0 | $0 |
| OTHER INCOME | $3,894 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $519,313 | Amt |
| Net Investment Income | $519,313 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| TAXES PAID | $36,951 | $0 | $0 | $0 |
| FOREIGN TAXES PAID | $7,707 | $7,629 | $0 | $0 |