KULAS FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: KULAS FOUNDATION (EIN 34-0770687)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202223199349108662
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
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T15:58:23-06:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BDO USA LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1300 EAST NINTH STREET SUITE 1301	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44114	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	340770687	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KULAS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% RICHARD J CLARK	InCareOfNm
Business Name Control	KULA	BusinessNameControlTxt
Phone	2166234770	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1660 WEST 2ND ST SUITE 800	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	441131461	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RICHARD CLARK	PersonNm
Person Title	Executive VP	PersonTitleTxt
Phone	2166234770	PhoneNum
Signature	2022-11-02	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	RICHARD	PersonFirstNm
Person Last	CLARK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Jacob Cook	PreparerPersonNm
PTIN	P01240455	PTIN
Phone	2163251700	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	$50,611,833	FMVAssetsEOYAmt
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd

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
Dividends Rev And Expnss	$2,060,418	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,060,418	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$4,583,066	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$18,042,215	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$4,583,066	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$4,433	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$4,433	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$6,647,917	TotalRevAndExpnssAmt
Total Net Invst Incm	$6,647,917	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$342,213	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$27,724	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$314,489	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,260	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$1,260	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$70,083	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$35,042	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$35,041	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$154,369	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$128,448	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$25,921	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$89,748	TaxesRevAndExpnssAmt
Occupancy Rev And Expnss	$180,578	OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl	$180,578	OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss	$5,536	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$5,536	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$843,787	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$191,214	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$562,825	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,618,520	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,618,520	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,462,307	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$191,214	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$2,181,345	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,185,610	ExcessRevenueOverExpensesAmt
Net Investment Income	$6,456,703	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$158,916	CashBOYAmt
Cash EOY	$119,393	CashEOYAmt
Cash EOYFMV	$119,393	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$550,962	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$204,364	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$204,364	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$84,078	PrepaidExpensesBOYAmt
Prepaid Expenses EOYFMV	$84,367	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$32,948,927	CorporateStockBOYAmt
Corporate Stock EOY	$29,788,010	CorporateStockEOYAmt
Corporate Stock EOYFMV	$29,788,010	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$9,027,316	CorporateBondsBOYAmt
Corporate Bonds EOY	$10,110,715	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$10,110,715	CorporateBondsEOYFMVAmt
Other Investments BOY	$3,784,727	OtherInvestmentsBOYAmt
Other Investments EOY	$10,219,758	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$10,219,758	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$20,863	OtherAssetsBOYAmt
Other Assets EOY	$85,226	OtherAssetsEOYAmt
Other Assets EOYFMV	$85,226	OtherAssetsEOYFMVAmt
Total Assets BOY	$46,575,789	TotalAssetsBOYAmt
Total Assets EOY	$50,527,466	TotalAssetsEOYAmt
Total Assets EOYFMV	$50,611,833	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$6,372	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$6,372	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$46,575,789	CapitalStockBOYAmt
Capital Stock EOY	$50,521,094	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$46,575,789	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$50,521,094	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$46,575,789	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$50,527,466	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$46,575,789	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,185,610	ExcessRevenueOverExpensesAmt
Subtotal	$50,761,399	SubtotalAmt
Other Decreases	$240,305	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$50,521,094	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	MARKETABLE SECURITIES	PropertyDesc
Gross Sales Price	$18,042,215	GrossSalesPriceAmt
Cost Or Other Basis	$13,459,149	CostOrOtherBasisAmt
Gain Or Loss	$4,583,066	GainOrLossAmt
Gains Minus Excess Or Losses	$4,583,066	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$4,583,066	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$89,748	InvestmentIncomeExciseTaxAmt
Subtotal	$89,748	SubtotalAmt
Tax Based On Investment Income	$89,748	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$83,376	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$88,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$171,376	TotalPaymentsAndCreditsAmt
Overpayment	$81,628	OverpaymentAmt
Applied To ES Tax	$81,628	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	OH	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	https://www.murphykulas.org/	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	RICHARD J CLARK	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2166234770	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1660 WEST 2ND ST SUITE 800	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	441131461	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 (5 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
RICHARD W POGUE
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	CHAIRMAN OF THE BOARD	1.0	$10,500	$0	$0
RICHARD J CLARK
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	EXECUTIVE VP AND SECRETARY	20.0	$129,945	$0	$0
NANCY W MCCANN
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	PRESIDENT AND TREASURER	20.0	$180,768	$0	$0
CHRISTOPHER M KELLY
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	VICE PRESIDENT	1.0	$10,500	$0	$0
HEATHER LENNOX
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	VICE PRESIDENT	1.0	$10,500	$0	$0

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	$44,315,519	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$206,255	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$10,219,758	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$54,741,532	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$54,741,532	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$821,123	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$53,920,409	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,696,020	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,696,020	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$89,748	TaxBasedOnInvestmentIncomeAmt
Total Tax	$89,748	TotalTaxAmt
Distributable Before Adj	$2,606,272	DistributableBeforeAdjAmt
Distributable Before Ded	$2,606,272	DistributableBeforeDedAmt
Distributable As Adjusted	$2,606,272	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,181,345	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	$2,181,345	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,606,272	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 Yr5	$110,468	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$492,837	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2	$49,042	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$366,165	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$1,018,512	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,181,345	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$2,181,345	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$424,927	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$424,927	ExcessDistributionCyovAppCYAmt
Total Corpus	$593,585	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$593,585	ExcessDistriCyovToNextYrAmt
Excess From Year4	$178,378	ExcessFromYear4Amt
Excess From Year2	$49,042	ExcessFromYear2Amt
Excess From Year1	$366,165	ExcessFromYear1Amt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	PRESIDENT OF KULAS FOUNDATION	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1660 WEST 2ND ST SUITE 800	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	441131461	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2166234770	RecipientPhoneNum
Form And Info And Materials	APPLICANTS MUST SUBMIT COPIES OF GRANT APPLICATION, COPIES OF TAX-EXEMPT CERTIFICATES & LETTERS FROM THE TREASURY DEPT CERTIFYING THAT THE APPLICANT IS A PUBLICLY SUPPORTED TAX EXEMPT ORGANIZATION, NOT A PRIVATE FOUNDATION.	FormAndInfoAndMaterialsTxt
Submission Deadlines	TRUSTEES MEET, USUALLY QUARTERLY, TO CONSIDER GRANT APPLICATIONS.	SubmissionDeadlinesTxt
Restrictions On Awards	KULAS FOUNDATION CONFINES ITS GRANTS PRIMARILY TO MUSIC THERAPY, COMMUNITY, EDUCATION, ARTS AND CULTURE AND SOCIAL SERVICE INSTITUTIONS IN THE GREATER CLEVELAND AREA.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (50 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Apollo's Fire Cleveland Baroque Orchestra
3091 MAYFIELD RD	CLEVELAND HEIGHTS	OH	44118	none	PC	programmatic support	$25,000
Baldwin Wallace University
275 EASTLAND RD	BEREA	OH	44017	none	PC	programmatic support	$104,500
Beck Center for the Arts
17801 DETROIT AVE	LAKEWOOD	OH	44107	none	PC	programmatic support	$20,000
Case Western Reserve University
10900 EUCLID AVE	CLEVELAND	OH	44106	none	PC	programmatic support	$149,500
Center for Arts-Inspired Learning
10917 MAGNOLIA DRIVE	CLEVELAND	OH	44106	none	PC	programmatic support	$7,500
ChamberFest Cleveland
20620 John Carroll Blvd 217	Cleveland	OH	44118	none	PC	programmatic support	$5,000
Children's Hospital Medical Ctr of Akron
1 Perkins Square	Akron	OH	44308	none	PC	programmatic support	$40,000
CityMusic Cleveland
PO BOX 1930	CLEVELAND	OH	44106	none	PC	programmatic support	$4,000
Cleveland Ballet
23030 MILES ROAD	CLEVELAND HEIGHTS	OH	44128	none	PC	programmatic support	$20,000
Cleveland Clinic Foundation
9500 Euclid Ave	Cleveland	OH	44106	none	PC	programmatic support	$10,000
Cleveland Hearing & Speech Center
11635 EUCLID AVE	CLEVELAND	OH	441064319	none	PC	programmatic support	$10,000
Cleveland Institute of Music
11021 EAST BLVD	CLEVELAND	OH	44106	none	PC	programmatic support	$160,000
Cleveland International Film Festival
2510 Market Ave	Cleveland	OH	44113	none	PC	programmatic support	$15,000
Cleveland Jazz Orchestra
1501 EUCLID AVENUE	CLEVELAND	OH	44115	none	PC	programmatic support	$5,000
Cleveland Modern Dance Association
13110 Shaker Sq 106	CLEVELAND	OH	44120	none	PC	programmatic support	$10,000
Cleveland Music School Settlement
11125 MAGNOLIA DR	CLEVELAND	OH	44106	none	PC	programmatic support	$50,000
Cleveland Opera
5000 EUCLID AVENUE	Cleveland	OH	44103	none	PC	programmatic support	$5,000
Cleveland Play House
BULKLEY BUILDING 1501 EUCLID AVENU	CLEVELAND	OH	44115	none	PC	programmatic support	$20,000
Cleveland Pops Orchestra
24000 Mercantile Rd Unit 8	Cleveland	OH	44122	none	PC	programmatic support	$15,000
Cleveland Public Theatre
6415 DETROIT ROAD	CLEVELAND	OH	44102	none	PC	programmatic support	$30,000
Cleveland Rape Crisis Center
526 SUPERIOR AVE	CLEVELAND	OH	44114	none	PC	programmatic support	$5,000
Cleveland School of Arts Bd of Trustees
PO BOX 18265	CLEVELAND	OH	441180265	none	PC	programmatic support	$15,000
Cleveland State University Foundation
2121 EUCLID AVE	CLEVELAND	OH	44115	none	PC	programmatic support	$2,500
Cuyahoga Community College Foundation
2900 COMMUNITY COLLEGE AVENUE	CLEVELAND	OH	44114	none	PC	programmatic support	$42,500
Friends of Breakthrough Schools
3615 SUPERIOR AVE 3103A	CLEVELAND	OH	44114	none	PC	programmatic support	$25,000
Great Lakes Theater Festival
1501 EUCLID AVE STE 300	CLEVELAND	OH	44115	none	PC	programmatic support	$60,000
GroundWorks Dance Theater
13125 SHAKER SQUARE	CLEVELAND	OH	44115	none	PC	programmatic support	$10,000
Ideastream
1375 EUCLID AVENUE	CLEVELAND	OH	44115	none	PC	programmatic support	$20,000
John Carroll University
1 JOHN CARROLL BLVD	UNIVERSITY HEIGHTS	OH	44118	none	PC	programmatic support	$2,500
Julie Billiart Schools
4982 CLUBSIDE ROAD	LYNDHURST	OH	44124	none	PC	programmatic support	$10,000
Karamu House
2355 EAST 89TH STREET	CLEVELAND	OH	44106	none	PC	programmatic support	$20,000
Kent State University Foundation
800 E SUMMIT ST	KENT	OH	44240	none	PC	programmatic support	$19,500
Lawrence School
1551 EAST WALLINGS ROAD	BROADVIEW HEIGHTS	OH	44147	none	PC	programmatic support	$2,020
Modern Warrior Live
PO Box 5683	Cleveland	OH	44101	none	PC	programmatic support	$5,000
Near West Theatre
6702 DETROIT AVENUE	CLEVELAND	OH	44102	none	PC	programmatic support	$10,000
Oberlin College
173 W LORAIN ST	OBERLIN	OH	44074	none	PC	programmatic support	$4,500
Philanthropy Ohio
173 W LORAIN ST	OBERLIN	OH	44074	none	PC	programmatic support	$10,000
Piano International Assn No Ohio
20600 CHAGRIN BLVD STE 1110	SHAKER HEIGHTS	OH	44122	none	PC	programmatic support	$40,000
Rock and Roll Hall of Fame and Museum
1100 EAST 9TH STREET	CLEVELAND	OH	44114	none	PC	programmatic support	$310,000
Saint Joseph Parish
1761 2nd St	Cuyahoga Falls	OH	44221	none	PC	programmatic support	$5,000
St John Cantius Church
825 N Carpenter St	Chicago	IL	60642	none	PC	programmatic support	$25,000
The City Mission
5310 CARNEGIE AVE	CLEVELAND	OH	44103	none	PC	programmatic support	$17,500
The Musical Arts Association
11001 EUCLID AVE	CLEVELAND	OH	44106	none	PC	programmatic support	$35,000
The Musical Theater Project
5755 GRANGER ROAD STE 830	INDEPENDENCE	OH	44131	none	PC	programmatic support	$35,000
The Salvation Army
2507 E 22ND ST	CLEVELAND	OH	44115	none	PC	programmatic support	$50,000
University Circle Incorporated
10831 MAGNOLIA DRIVE	CLEVELAND	OH	44106	none	PC	programmatic support	$5,000
University Hospitals Health System
3605 WARRENSVILLE CENTER ROAD	SHAKER HEIGHTS	OH	44122	none	PC	programmatic support	$90,000
University of Akron Foundation
302 E BUCHTEL AVE	AKRON	OH	44325	none	PC	programmatic support	$27,000
West Shore Unitarian Univ Church
20401 Hilliard Blvd	Rocky River	OH	44116	none	PC	programmatic support	$5,000
Youth Challenge
800 SHARON DRIVE	WESTLAKE	OH	44145	none	PC	programmatic support	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,618,520	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	$2,060,418	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	01	ExclusionCd
Exclusion	$4,433	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$4,583,066	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	$6,647,917	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$6,647,917	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
LOU GRASSO	$40,308	$20,154	$20,154
BDO USA, LLP	$29,775	$14,888	$14,887

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	PNC INTERMEDIATE BOND FUND	BondNm
EOY Book Value	$10,110,715	EOYBookValueAmt
EOYFMV	$10,110,715	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	CORP. STOCKS - PNC FUNDS	StockNm
EOY Book Value	$29,788,010	EOYBookValueAmt
EOYFMV	$29,788,010	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (9 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
NINETY ONE GLOBAL	FMV	$3,042,989	$3,042,989
MODRIAN GLOBAL	FMV	$2,997,759	$2,997,759
BLACK DIAMOND	FMV	$2,875,638	$2,875,638
WHITE OAK INVESTMENTS	FMV	$929,252	$929,252
GLASFUNDS	FMV	$251,519	$251,519
TIFF REALTY AND RESOURCES III	FMV	$85,408	$85,408
TIFF PRIVATE EQUITY PARTNERS	FMV	$27,605	$27,605
TIFF PARTNERSHIP III	FMV	$5,758	$5,758
TIFF PARTNERSHIP IV	FMV	$3,830	$3,830

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	BAKER & HOSTETLER LLP	CategoryTxt
Legal Fees	$1,260	LegalFeesAmt
Disbursements Charitable Prps	$1,260	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ACCRUED INCOME	$20,863	$13,975	$13,975
MUTUAL FUNDS	$0	$71,251	$71,251

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED LOSS	$239,462
PRIOR PERIOD ADJUSTMENT	$843

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DUES & MEMBERSHIPS	$3,600	$3,600
OFFICE SUPPLIES	$1,783	$1,783
INSURANCE	$153	$153

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Revenue And Expenses Per Books	$4,433	RevenueAndExpensesPerBooksAmt
Net Investment Income	$4,433	NetInvestmentIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	INCOME TAX PAYABLE	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$6,372	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (12 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TIFF	$4,999	$4,999	$0	$0
CLEARSTEAD	$40,000	$40,000	$0	$0
NCB FUNDS	$20,144	$20,144	$0	$0
DEFORIA LANE	$8,561	$0	$0	$8,561
LOUISE STEELE	$8,560	$0	$0	$8,560
THE STORY IS	$8,800	$0	$0	$8,800
COLUMBUS MID-CAP	$18,782	$18,782	$0	$0
WHITE OAK	$11,672	$11,672	$0	$0
BLACK DIAMOND	$21,014	$21,014	$0	$0
MONDRIAN	$7,500	$7,500	$0	$0
GLASFUNDS	$130	$130	$0	$0
LIMITED MATURITY	$4,207	$4,207	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAX	CategoryTxt
Amt	$89,748	Amt