Abraham J and Phyllis Katz Foundation: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- Abraham J and Phyllis Katz Foundation (EIN 11-6442077)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-24
- IRS object ID
- 202532059349101208
- 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
- Schedule B
- Accounting Fees Schedule
- Dissolution Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-24T09:53:19-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582487348 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aprio Advisory Group LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2002 Summit Boulevard Suite 120 | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30319 | 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 | 116442077 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Abraham J and Phyllis Katz Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ABRA | BusinessNameControlTxt |
| Phone | 7703043040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 Amlajack Blvd | AddressLine1Txt |
| City | Newnan | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 302651093 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Alexander Katz | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 7703043040 | PhoneNum |
| Signature | 2025-07-18 | 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 | Stacy Cullen | PreparerPersonNm |
| PTIN | P00974308 | PTIN |
| Phone | 4048929651 | PhoneNum |
| Preparation | 2025-07-18 | 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 | $22,971,515 | 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 | $10,841 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,526,170 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,526,170 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $789,172 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $22,646,217 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $789,172 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,326,183 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,315,342 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $236,250 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $236,250 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $35,018 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $35,018 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $234,694 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,375 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $15,375 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $48,632 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $47,250 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,382 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $35,750 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $104 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $104 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $28,209 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $28,209 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $649,407 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $62,625 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $316,338 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $13,368,169 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $13,368,169 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,017,576 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $62,625 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $13,684,507 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$11,691,393 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,252,717 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,061,673 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $150,016 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $150,016 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,239,592 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $20,099,839 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,702,952 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,666,779 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $12,235,851 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $16,094,503 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $16,154,720 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $1,909 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $35,638,864 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,947,471 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,971,515 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $35,638,864 | RetainedEarningBOYAmt |
| Retained Earning EOY | $23,947,471 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $35,638,864 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,947,471 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $35,638,864 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,947,471 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $35,638,864 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$11,691,393 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,947,471 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,947,471 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $22,646,217 | GrossSalesPriceAmt |
| Cost Or Other Basis | $21,857,045 | CostOrOtherBasisAmt |
| Gain Or Loss | $789,172 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $789,172 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $789,172 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $31,313 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $31,313 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $31,313 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,165 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $32,165 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $852 | OverpaymentAmt |
| Applied To ES Tax | $852 | 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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | 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 | Alexander S Katz | IndividualWithBooksNm |
| Phone | 7703043040 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 Amlajack Blvd | AddressLine1Txt |
| City | Newnan | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30265 | 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 | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Alexander S Katz | ||||||||
| 57 Amlajack Blvd | Newnan | GA | 30265 | Trustee | 10.00 | $0 | $0 | $0 |
| David Katz | ||||||||
| 57 Amlajack Blvd | Newnan | GA | 30265 | Trustee | 10.00 | $0 | $0 | $0 |
| Ellen B Doft | ||||||||
| 57 Amlajack Blvd | Newnan | GA | 30265 | Trustee | 10.00 | $0 | $0 | $0 |
| David Katz-Doft | ||||||||
| 57 Amlajack Blvd | Newnan | GA | 30265 | Trustee | 10.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| David Woolf | ||||||||
| 2897 North Druid Hills Road 163 | Atlanta | GA | 30329 | Executive Director | 40.00 | $146,250 | $6,096 | $0 |
| Barbara Saunders | ||||||||
| 2897 North Druid Hills Road 163 | Atlanta | GA | 30329 | Grants / Program Man | 40.00 | $90,000 | $10,841 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Simpson Thacher & Bartlett LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 Lexington Ave | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Legal | ServiceTypeTxt |
| Compensation | $234,694 | 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 | $30,556,341 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $462,991 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,019,332 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,019,332 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $465,290 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,554,042 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,527,702 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,527,702 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $31,313 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $31,313 | TotalTaxAmt |
| Distributable Before Adj | $1,496,389 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,496,389 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,496,389 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $13,684,507 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $13,684,507 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,496,389 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $4,033,410 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,539,299 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,494,624 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,725,134 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,674,173 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $25,466,640 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $13,684,507 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,496,389 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $12,188,118 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $37,654,758 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $4,033,410 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $33,621,348 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,539,299 | ExcessFromYear4Amt |
| Excess From Year3 | $4,494,624 | ExcessFromYear3Amt |
| Excess From Year2 | $5,725,134 | ExcessFromYear2Amt |
| Excess From Year1 | $6,674,173 | ExcessFromYear1Amt |
| Excess From Current Year | $12,188,118 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| American Red Cross | |||||||
| 1955 Monroe Dr NE | Atlanta | GA | 30324 | PC | Biomedical equipment and operations | $50,000 | |
| Atlanta Community Food Bank | |||||||
| 3400 North Desert Dr | Atlanta | GA | 30344 | PC | General operating | $145,000 | |
| Atlanta Music Project | |||||||
| 883 Dill Ave SW | Atlanta | GA | 30310 | PC | General operating | $85,000 | |
| Atlanta Ronald McDonald House Charities | |||||||
| 795 Gatewood Rd NE | Atlanta | GA | 30329 | PC | Program support | $50,000 | |
| Atlanta Ronald McDonald House Charities | |||||||
| 795 Gatewood Rd NE | Atlanta | GA | 30329 | PC | Capital campaign; program support | $75,000 | |
| Atlanta Speech School | |||||||
| 3160 Northside Pkwy NE | Atlanta | GA | 30327 | PC | Science of Reading Project | $339,000 | |
| Camp Twin Lakes | |||||||
| 1100 Spring St Ste 260 | Atlanta | GA | 30309 | PC | Camper scholarships | $160,000 | |
| Candid | |||||||
| c/o CARE 151 Ellis St NE | Atlanta | GA | 30303 | PC | General Operating and Programming - Southern region | $20,000 | |
| Center for the Visually Impaired | |||||||
| 739 W Peachtree St NW | Atlanta | GA | 30308 | PC | General operating and matching funds | $80,000 | |
| Children's Healthcare of Atlanta | |||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Research: Sickle Cell Disease Health Services and Outcomes | $422,380 | |
| Children's Healthcare of Atlanta | |||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Research: Sickle Cell Disease | $293,522 | |
| Children's Healthcare of Atlanta | |||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Research: Sickle Cell Disease Healthy Lives Program | $1,000,000 | |
| Children's Healthcare of Atlanta | |||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Sickle cell disease research equipment - Sysmex analyzer | $159,232 | |
| Children's Healthcare of Atlanta | |||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Sickle cell disease research equipment - Long-term storage freezers | $42,978 | |
| Cleveland Cord Blood Center | |||||||
| 25001 Emery Rd Ste 150 | Cleveland | OH | 44128 | PC | General operating support | $1,000,000 | |
| Cleveland Cord Blood Center | |||||||
| 25001 Emery Rd Ste 150 | Cleveland | OH | 44128 | PC | Cord blood collection program, Piedmont Atlanta Hospital | $350,000 | |
| Cleveland Cord Blood Center | |||||||
| 25001 Emery Rd Ste 150 | Cleveland | OH | 44128 | PC | Cord blood collection program, Emory University Hospital Midtown | $250,000 | |
| Cleveland Cord Blood Center | |||||||
| 25001 Emery Rd Ste 150 | Cleveland | OH | 44128 | PC | National Cord Blood Transplant Network infrastructure development | $193,340 | |
| Cleveland Cord Blood Center | |||||||
| 25001 Emery Rd Ste 150 | Cleveland | OH | 44128 | PC | National Cord Blood Transplant Network participating centers support | $280,000 | |
| Common Good Atlanta | |||||||
| PO Box 170007 | Atlanta | GA | 30317 | PC | Executive director position salary support | $100,000 | |
| Cornell University | |||||||
| Ithaca NY 14853 | Ithaca | NY | 14853 | PC | Center for Keyboard Studies | $250,000 | |
| Cornell University | |||||||
| Ithaca NY 14853 | Ithaca | NY | 14853 | PC | Center for Keyboard Studies endowment | $5,000,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Research: Retinal degeneration | $250,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Winship Cancer Institute, Patient & Family Services Program | $50,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Research: Small molecule therapeutics for sickle cell anemia | $200,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Research: Targeting VIP receptor signaling in pancreatic cancer | $125,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Preventive Cardiology Fellowship Program | $235,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Winship Cancer Institute, GI Surgical Oncology Research Fellowship Program | $250,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Emory College of Arts and Sciences, Chronos Faculty Fellowship | $160,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Emory College of Arts and Sciences, Piano Studies Program | $150,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Emory College of Arts and Sciences, Institute for the Liberal Arts | $120,000 | |
| Emory University | |||||||
| 1599 Clifton Rd | Atlanta | GA | 30322 | PC | Molecular Vision medical journal support | $146,183 | |
| Guth Harry John | |||||||
| 375 Jeffrey Pl | Valley Cottage | NY | 10989 | I | Project: Luthier tutorial video series/Video editing services | $27,000 | |
| Krimmel Samuel | |||||||
| 1 Bartlett St Unit 2 | Beverly | MA | 01915 | I | Project: Luthier tutorial video series/Video editing services | $21,600 | |
| McKenna Ryan | |||||||
| 213 Willow Ave Apt 2 | Somerville | MA | 02144 | I | Project: Luthier tutorial video series/Video editing services | $21,600 | |
| Mr Holland's Opus Foundation The | |||||||
| 4370 Tujunga Ave Ste 330 | Studio City | CA | 91604 | PC | Music education services assessment, musical instrument donations to Atlanta Public Schools | $50,000 | |
| National Center for Civil and Human Rights | |||||||
| 250 Williams St NE Ste 2322 | Atlanta | GA | 30303 | PC | General operating, education programming | $100,000 | |
| Parker Kenneth | |||||||
| 17 Kondelin Rd | Gloucester | MA | 01930 | I | Project: Luthier tutorial video series/Content development, presentation | $108,000 | |
| Sight Savers America | |||||||
| 337 Business Cir | Pelham | AL | 35124 | PC | Program support | $45,000 | |
| Special Olympics Georgia | |||||||
| 4000 DeKalb Tecnology Pkwy Ste 400 | Atlanta | GA | 30340 | PC | Georgia State Games | $30,000 | Bldg 400 |
| Theatrical Outfit | |||||||
| 84 Luckie St NW | Atlanta | GA | 30303 | PC | General operations, endowment | $200,000 | |
| TurningPoint Breast Cancer Rehabilitation | |||||||
| 8010 Roswell Rd Ste 120 | Atlanta | GA | 30350 | PC | Satellite clinic initiative | $250,000 | |
| Vi and Milton Weinstein Hospice | |||||||
| 3150 Howell Mill Rd NW | Atlanta | GA | 30327 | PC | Hospice and palliative care programs, staffing | $300,000 | |
| Woodruff Arts Center | |||||||
| 1280 Peachtree St NE | Atlanta | GA | 30309 | PC | Atlanta Symphony Orchestra student musician training program | $183,334 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $13,368,169 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Atlanta Ronald McDonald House Charities | ||||||
| 795 Gatewood Rd NE | Atlanta | GA | 30329 | PC | New World of Care campaign and Adopt-A-Family Program support | $500,000 |
| Children's Healthcare of Atlanta | ||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Research: Sickle cell disease health services and outcomes | $1,884,769 |
| Children's Healthcare of Atlanta | ||||||
| 3395 NE Expy Ste 100 | Atlanta | GA | 30341 | PC | Research: Sickle cell disease | $1,467,024 |
| Selected Individuals Annualy | ||||||
| 57 Amlajack Blvd | Newnan | GA | 30265 | PC | Luthier tutorial video series, Year 5 | $89,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $3,940,893 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,526,170 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $789,172 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,315,342 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,315,342 | 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 |
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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kason Industries | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 Amlajack Blvd | AddressLine1Txt |
| City | Newnan | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30265 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,841 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $30,750 | Amt |
| Net Investment Income | $15,375 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,375 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Various Grantees Referenced in Part XIV | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 Amlajack Blvd | AddressLine1Txt |
| City | Newnan | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30265 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | All distributions were made in cash to recipents detailed in Part XIV. | ShortExplanationTxt |
| Dissolution | $13,368,169 | DissolutionAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds | BondNm |
| EOY Book Value | $16,094,503 | EOYBookValueAmt |
| EOYFMV | $16,154,720 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate Stocks | StockNm |
| EOY Book Value | $7,702,952 | EOYBookValueAmt |
| EOYFMV | $6,666,779 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | During the taxable year, the Foundation accelerated its grantmaking in anticipation of a future termination. Following the taxable year, the Foundation entered into a court-approved plan of termination, and the termination and terminating distributions will be reported on the Foundation's next Form 990-PF. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $234,694 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Bond Interest | Desc |
| BOY Book Value | $1,909 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Office Expense | $7,746 | $0 | $7,746 |
| Insurance | $7,345 | $0 | $7,345 |
| Telephone | $2,136 | $0 | $2,136 |
| Books / Subscriptions / References | $10,184 | $0 | $10,184 |
| Outside Services | $798 | $0 | $798 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Consulting Services | $47,250 | $47,250 | $0 |
| Payroll Services | $1,382 | $0 | $1,382 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Taxes | $35,000 | $0 | $0 |
| Licenses / Registrations | $750 | $0 | $0 |