2022-11-08T15:18:09-06:00 2021-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2021-01-01 452735138 Defne and Muhtar Kent Educational Foundation Inc % Foundation Source DEFN 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 MUHTAR KENT PRESIDENT 8008391754 2022-11-04 true MUHTAR KENT 999009999 Jeffrey D Haskell P01345770 8008391754 2021 2022-09-23 18:48:47Z X 25345549 X 0 X 368 368 630256 630256 614009 3607756 1081707 -1649 -1649 1242984 1710682 0 11604 11604 8945 8945 17741 0 0 17741 854 0 0 854 80447 33947 46500 38500 186 186 62804 1899 60905 221081 35846 0 146735 854396 854396 1075477 35846 0 1001131 167507 1674836 640853 887629 887629 19710266 19682119 24457920 20351119 20569748 25345549 0 0 X 20351119 20569748 20351119 20569748 20351119 20569748 20351119 167507 51122 20569748 20569748 Publicly-traded Securities 3607756 2526049 1081707 1081707 1081707 23280 23280 23280 19406 0 4500 23906 X 0 626 626 false false false false false false false true true GA true false false false true true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 true TU false false false false false false false false false false false false false true false false false false false false false Cem Omer Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Defne Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Treas 1.0 0 0 0 Muhtar Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir 1.0 0 0 0 Selin Ipek Kent Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 57856 23239475 715158 0 23954633 0 23954633 359319 23595314 1179766 1179766 23280 23280 1156486 17175 1173661 1173661 1001131 0 0 0 0 1001131 1173661 943197 2019 2018 2017 1001131 943197 57934 0 0 1115727 0 0 Defne Kent Muhtar Kent X K Yilmaz BARNARD COLLEGE 3009 BROADWAY NEW YORK NY 10027 none I SCHOLARSHIP GRANT 10000 A Dikici BARNARD COLLEGE 3009 BROADWAY NEW YORK NY 10027 none I SCHOLARSHIP GRANT 30000 M E Isiktas BARNARD COLLEGE 3009 BROADWAY NEW YORK NY 10027 none I SCHOLARSHIP GRANT 25000 Y Yilmaz BERKLEE COLLEGE OF MUSIC INC 1140 BOYLSTON ST BOSTON MA 02215 none I SCHOLARSHIP GRANT 20000 E Seilmis BROWN UNIVERSITY PO BOX 1877 PROVIDENCE RI 02912 none I SCHOLARSHIP GRANT 15000 S Kesaf BROWN UNIVERSITY PO BOX 1877 PROVIDENCE RI 02912 none I SCHOLARSHIP GRANT 10000 E Seilmis BROWN UNIVERSITY PO BOX 1877 PROVIDENCE RI 02912 none I SCHOLARSHIP GRANT 30000 B Tayyar CLAREMONT MCKENNA COLLEGE 400 N CLAREMONT BLVD CLAREMONT CA 91711 none I SCHOLARSHIP GRANT 1550 B Tayyar CLAREMONT MCKENNA COLLEGE 400 N CLAREMONT BLVD CLAREMONT CA 91711 none I SCHOLARSHIP GRANT 1550 P Guzelocak CORNELL UNIVERSITY PO BOX 752 ITHACA NY 14851 none I SCHOLARSHIP GRANT 10000 P Guzelocak CORNELL UNIVERSITY PO BOX 752 ITHACA NY 14851 none I SCHOLARSHIP GRANT 10000 D L Altaylar DREXEL UNIVERSITY 3141 CHESTNUT ST PHILADELPHIA PA 19104 none I Scholarship Grant 7500 D L Altaylar DREXEL UNIVERSITY 3141 CHESTNUT ST PHILADELPHIA PA 19104 none I Scholarship Grant 7500 B Utebay GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVE NW ATLANTA GA 30332 none I SCHOLARSHIP GRANT 30000 T Ergan GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVE NW ATLANTA GA 30332 none I SCHOLARSHIP GRANT 10000 Y A Elmas UNIVERSITY OF TORONTO KINGS COLLEGE CIR TORONTO, ONTARIO CA M5S 3J3 NONE I Scholarship Grant 10000 U Kaygisiz MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 none I Scholarship Grant 30000 B Demirci MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 none I Scholarship Grant 30000 M E aylan MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 none I Scholarship Grant 30000 B Manti MICHIGAN STATE UNIVERSITY 556 E CIR DR RM 252 EAST LANSING MI 48824 NONE I Scholarship Grant 30000 A Uysal NEW YORK UNIVERSITY 25 W 4TH ST 4TH FL NEW YORK NY 10012 NONE I Scholarship Grant 10000 E Senvardarli NORTHWESTERN UNIVERSITY 1201 DAVIS ST 3RD FLOOR EVANSTON IL 60208 NONE I SCHOLARSHIP GRANT 2500 E Senvardarli NORTHWESTERN UNIVERSITY 1201 DAVIS ST 3RD FLOOR EVANSTON IL 60208 NONE I SCHOLARSHIP GRANT 2500 S Pamuku OBERLIN COLLEGE 173 W LORAIN ST OBERLIN OH 44074 NONE I SCHOLARSHIP GRANT 25000 A E Karalar PENNSYLVANIA STATE UNIVERSITY 2583 GATEWAY DR STE 130 BRISTOL PL STATE COLLEGE PA 16801 NONE I SCHOLARSHIP GRANT 15000 A E Karalar PENNSYLVANIA STATE UNIVERSITY 2583 GATEWAY DR STE 130 BRISTOL PL STATE COLLEGE PA 16801 NONE I SCHOLARSHIP GRANT 15000 I U Ayyilmaz POMONA COLLEGE 550 N COLLEGE AVE CLAREMONT CA 91711 NONE I SCHOLARSHIP GRANT 900 I U Ayyilmaz POMONA COLLEGE 550 N COLLEGE AVE CLAREMONT CA 91711 NONE I SCHOLARSHIP GRANT 900 A U Gler PURDUE UNIVERSITY 610 PURDUE MALL WEST LAFAYETTE IN 47907 NONE I SCHOLARSHIP GRANT 15000 A U Gler PURDUE UNIVERSITY 610 PURDUE MALL WEST LAFAYETTE IN 47907 NONE I SCHOLARSHIP GRANT 15000 N Kayin REGENTS OF THE UNIVERSITY OF CA 201 SPROUL HALL 1960 BERKELEY CA 94720 NONE I SCHOLARSHIP GRANT 10000 F O Ardi REGENTS OF THE UNIVERSITY OF CA 201 SPROUL HALL 1960 BERKELEY CA 94720 NONE I SCHOLARSHIP GRANT 30000 SCHWAB CHARITABLE FUND 211 MAIN ST SAN FRANCISCO CA 94105 N/A PC DONOR ADVISOR FUND (SEE GENERAL EXPLANATION) 205646 G Incesu STANFORD UNIVERSITY PO BOX 20466 STANFORD CA 94309 NONE I SCHOLARSHIP GRANT 12500 G Incesu STANFORD UNIVERSITY PO BOX 20466 STANFORD CA 94309 NONE I SCHOLARSHIP GRANT 12500 B El THE ADMIN OF THE TULANE EDU FUND PO BOX 61075 NEW ORLEANS LA 70161 NONE I SCHOLARSHIP GRANT 7000 A Onder TRUSTEES OF PRINCETON UNIVERSITY 701 CARNEGIE CTR PRINCETON NJ 08540 NONE I SCHOLARSHIP GRANT 1750 A nder TRUSTEES OF PRINCETON UNIVERSITY 701 CARNEGIE CTR PRINCETON NJ 08540 NONE I SCHOLARSHIP GRANT 1750 C Birsen TRUSTEES OF TUFTS COLLEGE 80 GEORGE ST MEDFORD MA 02155 NONE I SCHOLARSHIP GRANT 20000 A E Sivasligil UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I SCHOLARSHIP GRANT 15000 R Okay UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I SCHOLARSHIP GRANT 30000 D Eracar UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 NONE I SCHOLARSHIP GRANT 25000 A zpinar UNIVERSITY OF PENNSYLVANIA 100 FRANKLIN BLDG 3451 WALNUT ST PHILADELPHIA PA 19104 NONE I Scholarship Grant 30000 E G Simsek YALE UNIVERSITY PO BOX 209010 NEW HAVEN CT 06520 NONE I Scholarship Grant 3350 854396 14 368 14 630256 18 614009 FOREIGN CURRENCY LOSS 01 -1649 1242984 1242984 false false false false false false false false false false General Consultations 854 854 PART XV (FORM 990-PF): PART XIV (FORM 990-PF) DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OF AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $205,646 TOTAL BOOK VALUE OF PROPERTY: $171,699 TOTAL AMOUNT OF GRANTS: $205,646 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES: $33,947 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: THE COCA-COLA CO UNITS: 3700 DATE OF DISTRIBUTION: 11-22-2021 GRANT RECIPIENT: SCHWAB CHARITABLE FUND FMV OF PROPERTY: $205,646 BOOK VALUE OF PROPERTY: $171,699 TOTAL AMOUNT OF GRANT: $205,646 Foreign Filing Form Disclosure Form 8858 The foundation has prepared this form to the best of its ability based on the information provided to it by the foreign branch on which the foundation is reporting. Any missing or incomplete information is not a willful attempt to withhold such information. ABERDEEN EMERGING MARKETS INST 43376 49929 ALTRIA GROUP INC 66745 74971 AMERICAN FUNDS NEW PERSPECTIVE 90127 131048 AMGEN INC 52210 49493 APPLE INC 122493 194972 BAIRD CORE PLUS BD FD INSTI CL 787994 776466 BRISTOL-MYERS SQUIBB CO 60877 62537 CATERPILLAR INC 35895 44449 CISCO SYSTEMS INC 64507 87958 CME GROUP, INC 29719 34726 COMCAST CORP 58447 65177 CONESTOGA SMALL CAP INST 26273 45089 COSTCO WHOLESALE CORPORATION 56111 93103 DBX ETF TR/X-TRACKERS MSCI EAF 1087885 1167128 DIAMOND HILL SMALL CAP FUND CL 31214 32136 DODGE & COX INCOME FUND 424327 415188 DODGE & COX STOCK 213539 281394 FPA CRESCENT PORTFOLIO 99419 110013 FPA NEW INCOME FUND CLASS A 419523 418441 GEN DYNAMICS CP 47169 63792 GENERAL MILLS INC 36496 40293 HONEYWELL INTL 45365 54004 ILLINOIS TOOL WORKS 34007 42943 INFINITY Q DIVERSIFIED ALPHA F 72975 204 INTEL CORP 59583 54693 INTERNATIONAL GROWTH AND INCOM 716028 805448 ISHARES S&P 500 INDEX FD 257809 478898 JOHNSON & JOHNSON 105206 110169 LOWES COMPANIES INC 41507 69014 MASTERCARD INC 36324 40244 MERCK & CO INC 79376 80702 METROPOLITAN WEST RETURN BOND 23911 22421 MICROSOFT CORP 100187 157398 NEXTERA ENERGY, INC 52936 69553 OAKMARK INTERNATIONAL FUND 78526 85460 PFIZER INC 78904 127784 PIMCO INCOME FUND 362374 368770 PROCTER GAMBLE CO 89800 112543 QUALCOMM INC 46266 67296 T ROWE PRICE CAP APPRECIATION 75832 83632 TARGET CORPORATION 49403 72441 TEXAS INSTRUMENTS INC 56487 71430 THE COCA-COLA CO 8891681 11671416 THE JENSEN PORTFOLIO INC CLASS 148166 221681 TWEEDY BROWNE GLOBAL VALUE FUN 119598 129137 UNION PACIFIC 52045 67013 UNITED PARCEL SERVICE 44249 64516 UNITEDHEALTH GROUP INC 72049 113484 VANGUARD DIVIDEND GROWTH FD 1228201 1577691 VANGUARD EQUITY INCOME - ADMIR 1743973 2135767 VANGUARD TOTAL BOND MARKET ETF 297646 289252 VANGUARD TOTAL BOND MARKET IND 60856 64415 VERIZON COMMUNICATIONS 99576 89891 VISA INC 37065 39225 WISDOMTREE SC DIV 569862 781082 General Consultations 17741 17741 Administrative Fees 57856 57856 Bank Charges 1899 1899 Indemnification Insurance 1142 1142 Office Supplies 447 447 Website Hosting/Support 1008 1008 NOTARY FEES 452 452 Foreign Currency Loss -1649 -1649 GRANT OF PUBLICLY TRADED SECURITIES 33947 RETURNED GRANTS 17175 Investment Management Services 33947 33947 PHILANTHROPIC CONSULTING SRVS 46500 46500 990-PF Estimated Tax for 2021 17900 990-PF Extension for 2020 20600