COURTNEY KNIGHT GAINES FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- COURTNEY KNIGHT GAINES FOUNDATION INC (EIN 58-2398209)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-22
- IRS object ID
- 202522039349101102
- Schema version
- 2024v5.2
- 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
- Applied To Prior Year Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-22T14:25:58-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S 6TH ST 2300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582398209 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COURTNEY KNIGHT GAINES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COUR | BusinessNameControlTxt |
| Phone | 9125981771 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 LAKE STREET 210 | AddressLine1Txt |
| City | SAVANNAH | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31411 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS KLEIN | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 9125981771 | PhoneNum |
| Signature | 2025-07-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN CRONK CPA | PreparerPersonNm |
| PTIN | P01288895 | PTIN |
| Phone | 6128764500 | PhoneNum |
| Preparation | 2025-07-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,225,941 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $29,055 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $29,055 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $234,617 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $234,617 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $643,010 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,012,609 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $643,010 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $906,682 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $906,682 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $29,744 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $29,744 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,675 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,625 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $82,181 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $80,831 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,350 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $74,673 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,988 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $621 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $621 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $194,519 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,494 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,340 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $731,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $731,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $926,319 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,494 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $768,140 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$19,637 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $819,188 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $222,588 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $335,229 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $335,229 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $551,349 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $513,104 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $466,982 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,089,635 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,701,109 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,549,569 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $320,329 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $356,139 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $337,391 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,500,549 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,764,862 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,536,393 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $390 | OtherAssetsBOYAmt |
| Other Assets EOY | $377 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $377 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,684,840 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,670,820 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,225,941 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $8,650,229 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,650,229 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,034,611 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,020,591 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,684,840 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,670,820 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,684,840 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,670,820 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,684,840 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$19,637 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,617 | OtherIncreasesAmt |
| Subtotal | $9,670,820 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,670,820 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $2,979,452 | $2,369,599 | $609,853 | $609,853 | |
| CAPITAL GAINS DIVIDENDS | $33,157 | $33,157 | $33,157 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $643,010 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,387 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,387 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,387 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $23,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $23,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $370 | EsPenaltyAmt |
| Overpayment | $11,243 | OverpaymentAmt |
| Applied To ES Tax | $11,243 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CHRISTOPHER KLEIN | IndividualWithBooksNm |
| Phone | 9125981771 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 LAKE STREET 210 | AddressLine1Txt |
| City | SAVANNAH | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31411 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| EZEKIEL B GAINES III | ||||||||
| 146 OYSTER HOUSE ROAD | RICHMOND HIL | GA | 31324 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| CHRISTOPHER E KLEIN | ||||||||
| 15 LAKE STREET STE 210 | SAVANNAH | GA | 31411 | SECRETARY | 0.50 | $0 | $0 | $0 |
| COURTNEY G FETZ | ||||||||
| 7 OLD BARN ROAD | SAVANNAH | GA | 31419 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| GRACE G GATTIS | ||||||||
| 231 ANDOVER STREET | SAVANNAH | GA | 31405 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| WILLIAM B GAINES | ||||||||
| 20517 HIGHWAY 144 | SAVANNAH | GA | 31324 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| JAMES THOMAS GATTIS | ||||||||
| 231 ANDOVER STREET | SAVANNAH | GA | 31405 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| EZEKIEL B GAINES IV | ||||||||
| 146 OYSTER HOUSE ROAD | RICHMOND HIL | GA | 31324 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| MARSHALL D GAINES | ||||||||
| 146 OYSTER HOUSE ROAD | RICHMOND HIL | GA | 31324 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7402 HODGSON MEMORIAL DR STE 200 | AddressLine1Txt |
| City | SAVANNAH | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31406 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $80,831 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,104,143 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $402,050 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,506,193 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,506,193 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $172,593 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,333,600 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $566,680 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $566,680 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,387 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,387 | TotalTaxAmt |
| Distributable Before Adj | $555,293 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,189 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $556,482 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $556,482 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $768,140 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $768,140 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $556,482 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $528,063 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $210,953 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $768,140 | QualifyingDistributionsAmt |
| Applied To Year1 | $528,063 | AppliedToYear1Amt |
| Applied To Prior Years | $210,953 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $29,124 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $527,358 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S ASSOCIATION OF COASTAL GA | |||||||
| 201 TELEVISION CIRCLE | SAVANNAH | GA | 31406 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| AMERICAN CANCER SOCIETY | |||||||
| 270 PEACHTREE ST NW SUITE 1300 | ATLANTA | GA | 30303 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| APPALACHIAN TRAIL CONSERVANCY | |||||||
| 799 WASHINGTON STREET | HARPERS FERRY | WV | 25425 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| BLUE RIDGE PARKWAY FOUNDATION | |||||||
| 717 S MARSHALL STREET | WINSTONSALEM | NC | 27101 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| CARETTA RESEARCH PROJECT | |||||||
| PO BOX 9841 | SAVANNAH | GA | 31412 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| CHATHAM TRANSITIONAL MINISTRIES | |||||||
| PO BOX 15261 | SAVANNAH | GA | 31416 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| COMMUNITY HOUSING SERVICES AGENCY | |||||||
| 5515 ABERCORN STREET | SAVANNAH | GA | 31405 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| CONGREGATION MICKVE ISRAEL | |||||||
| 20 E GORDON STREET | SAVANNAH | GA | 31401 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $15,000 |
| FRANK CALLEN BOYS & GIRLS CLUB | |||||||
| 510 E CHARLTON ST | SAVANNAH | GA | 31401 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| FRIENDS OF OATLAND ISLAND | |||||||
| 711 SANDTOWN ROAD | SAVANNAH | GA | 31410 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| FRIENDS OF TOS THEATER | |||||||
| 44 W BACON ST | PEMBROKE | GA | 31321 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| GEORGIA CONSERVANCY | |||||||
| 230 PEACHTREE STREET NW | ATLANTA | GA | 30303 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| HAYWOOD CHRISTIAN MINISTRY | |||||||
| 150 BRANNER AVE | WAYNESVILLE | NC | 28786 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $35,000 |
| HOSPICE SAVANNAH | |||||||
| 1674 CHATHAM PARKWAY | SAVANNAH | GA | 31405 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $30,000 |
| INTERNATIONAL FRIENDSHIP CENTER | |||||||
| 348 S 5TH STREET | HIGHLANDS | NC | 28741 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| LAKE JUNALUSKA ASSEMBLY | |||||||
| PO BOX 67 | LAKE JUNALUSKA | NC | 28745 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $50,000 |
| LEUKEMIA & LYMPHOMA SOCEITY | |||||||
| PO BOX 14254 | SAVANNAH | GA | 31416 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $20,000 |
| NATIONAL PARKS CONSERVATION ASSOCIATION | |||||||
| 777 6TH STREET NW | WASHINGTON | DC | 20001 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $20,000 |
| OVER THE MOON DIAPER BANK | |||||||
| PO BOX 22972 | SAVANNAH | GA | 31403 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| PACIFIC CREST TRAIL ASSN | |||||||
| 1331 GARDEN HIGHWAY | SACRAMENTO | CA | 95833 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| SAFE SHELTER | |||||||
| PO BOX 61119 | SAVANNAH | GA | 31420 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $5,000 |
| SAVANNAH BOOK FESTIVAL | |||||||
| 3025 BULL STREET | SAVANNAH | GA | 31405 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $20,000 |
| SECOND HARVEST OF COASTAL GA | |||||||
| 2501 E PRESIDENT STREET | SAVANNAH | GA | 31404 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $360,000 |
| UNION MISSION INC | |||||||
| 120 FAHM STREET | SAVANNAH | GA | 31401 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $20,000 |
| UNIVERSITY OF VA ATHLETICS FDN | |||||||
| PO BOX 400821 | CHARLOTTESVILLE | VA | 229044821 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| URBAN HOPE INC | |||||||
| 1601 BARNARD STREET | SAVANNAH | GA | 31401 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $6,800 |
| WESLEY MONUMENTAL CHURCH | |||||||
| 429 ABERCORN ST | SAVANNAH | GA | 314015043 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $30,000 |
| YMCA | |||||||
| PO BOX 14142 | SAVANNAH | GA | 31416 | N/A | PC | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $731,800 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,055 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $234,617 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $643,010 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $906,682 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $906,682 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,300 | Amt |
| Net Investment Income | $2,675 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,625 | DisbursementsCharitablePrpsAmt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | ELECTION TO AVOID THE "ADDITIONAL" EXCISE TAX FOR FAILURE TO DISTRIBUTE INCOMECOURTNEY KNIGHT GAINES FOUNDATION EIN 58-2398209 15 LAKE STREET, SUITE 210SAVANNAH, GA 31411FORM 990-PF, TAX YEAR ENDING 12/31/2024 PURSUANT TO CODE SEC. 4942(H) AND REG 53.4942(A)-3(D)(2) THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FROM PRIOR TAX YEARS IN THE FOLLOWING AMOUNTS: TAX YEAR AMOUNT 2020 $ 10,3592021 $142,0122022 $ 58,582----------------------TOTAL $210,953 -----------------------------------------------------------CHRISTOPHER KLEIN, SECRETARY/TRUSTEE | ElectionDesc |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MORGAN STANLEY: CORPORATE FIXED INCOME | BondNm |
| EOY Book Value | $356,139 | EOYBookValueAmt |
| EOYFMV | $337,391 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MORGAN STANLEY: COMMON STOCK | StockNm |
| EOY Book Value | $3,701,109 | EOYBookValueAmt |
| EOYFMV | $5,549,569 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $513,104 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $466,982 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MORGAN STANLEY: EXCHANGE TRADED & CLOSED-END FUNDS | AT COST | $432,080 | $412,242 |
| MORGAN STANLEY: MUTUAL FUNDS | AT COST | $4,068,453 | $3,650,935 |
| RAYMOND JAMES: MUTUAL FUNDS | AT COST | $264,329 | $473,216 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $29,744 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $29,744 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDENDS IN TRANSIT | Desc |
| BOY Book Value | $390 | BOYBookValueAmt |
| EOY Book Value | $377 | EOYBookValueAmt |
| EOYFMV | $377 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OFFICE EXPENSE | Desc |
| Revenue And Expenses Per Books | $621 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $621 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BROKER ADJUSTMENTS TO COST BASIS | $4,428 |
| PARTIALLY REFUNDED GRANT | $1,189 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $80,831 | $80,831 | $0 |
| CONSULTING FEES | $1,350 | $0 | $1,350 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $3,988 | $3,988 | $0 |
| EXCISE TAX | $70,685 | $0 | $0 |