KULAS FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: KULAS FOUNDATION (EIN 34-0770687)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202123199349106452
Schema version: 2020v4.1
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 Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T13:24:50-06:00	ReturnTs
Tax Period End	2020-12-31	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	2020-01-01	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	vice president	PersonTitleTxt
Phone	2166234770	PhoneNum
Signature	2021-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	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	2020	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	$46,575,789	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	$1,036,845	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,036,845	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$367,743	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$10,344,678	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$367,743	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$5,663	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$4,148	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,410,251	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,408,736	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$348,231	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$28,356	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$319,875	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$725	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$725	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$72,108	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$36,054	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$36,054	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$123,693	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$104,868	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$18,825	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$73,150	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$6,005	TaxesNetInvstIncmAmt
Occupancy Rev And Expnss	$172,208	OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl	$172,208	OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss	$11,410	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$11,410	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$801,525	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$175,283	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$559,097	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,846,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,846,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,647,525	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$175,283	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$2,405,097	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,237,274	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,233,453	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$163,980	CashBOYAmt
Cash EOY	$158,916	CashEOYAmt
Cash EOYFMV	$158,916	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$555,401	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$550,962	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$550,962	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$73,021	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$84,078	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$84,078	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$32,944,035	CorporateStockBOYAmt
Corporate Stock EOY	$32,948,927	CorporateStockEOYAmt
Corporate Stock EOYFMV	$32,948,927	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$8,029,306	CorporateBondsBOYAmt
Corporate Bonds EOY	$9,027,316	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$9,027,316	CorporateBondsEOYFMVAmt
Other Investments BOY	$2,230,660	OtherInvestmentsBOYAmt
Other Investments EOY	$3,784,727	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$3,784,727	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$20,863	OtherAssetsBOYAmt
Other Assets EOY	$20,863	OtherAssetsEOYAmt
Other Assets EOYFMV	$20,863	OtherAssetsEOYFMVAmt
Total Assets BOY	$44,017,266	TotalAssetsBOYAmt
Total Assets EOY	$46,575,789	TotalAssetsEOYAmt
Total Assets EOYFMV	$46,575,789	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$0	AccountsPayableBOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$44,017,266	CapitalStockBOYAmt
Capital Stock EOY	$46,575,789	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$44,017,266	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$46,575,789	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$44,017,266	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$46,575,789	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$44,017,266	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,237,274	ExcessRevenueOverExpensesAmt
Other Increases	$3,795,797	OtherIncreasesAmt
Subtotal	$46,575,789	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$46,575,789	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	$10,281,519	GrossSalesPriceAmt
Cost Or Other Basis	$9,913,776	CostOrOtherBasisAmt
Gain Or Loss	$367,743	GainOrLossAmt
Gains Minus Excess Or Losses	$367,743	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$367,743	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$17,145	InvestmentIncomeExciseTaxAmt
Subtotal	$17,145	SubtotalAmt
Tax Based On Investment Income	$17,145	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$100,521	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$100,521	TotalPaymentsAndCreditsAmt
Overpayment	$83,376	OverpaymentAmt
Applied To ES Tax	$83,376	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	$12,500	$0	$0
RICHARD J CLARK
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	EXECUTIVE VP AND SECRETARY	20.0	$129,338	$0	$0
NANCY W MCCANN
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	PRESIDENT AND TREASURER	20.0	$181,393	$0	$0
CHRISTOPHER M KELLY
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	VICE PRESIDENT	1.0	$12,500	$0	$0
HEATHER LENNOX
1660 WEST 2ND ST SUITE 800	CLEVELAND	OH	441131461	VICE PRESIDENT	1.0	$12,500	$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	$37,957,604	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$5,434	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$3,784,727	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$41,747,765	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$41,747,765	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$626,216	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$41,121,549	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,056,077	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,056,077	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$17,145	TaxBasedOnInvestmentIncomeAmt
Total Tax	$17,145	TotalTaxAmt
Distributable Before Adj	$2,038,932	DistributableBeforeAdjAmt
Distributable Before Ded	$2,038,932	DistributableBeforeDedAmt
Distributable As Adjusted	$2,038,932	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,405,097	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	$2,405,097	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$2,405,097	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,038,932	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2018	PriorYear1Yr
Prior Year2	2017	PriorYear2Yr
Prior Year3	2016	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$519,391	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$110,468	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$492,837	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1	$49,042	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$1,171,738	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,405,097	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$2,038,932	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$366,165	RemainingDistriFromCorpusAmt
Total Corpus	$1,537,903	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$519,391	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$1,018,512	ExcessDistriCyovToNextYrAmt
Excess From Year4	$110,468	ExcessFromYear4Amt
Excess From Year3	$492,837	ExcessFromYear3Amt
Excess From Year1	$49,042	ExcessFromYear1Amt
Excess From Current Year	$366,165	ExcessFromCurrentYearAmt

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 (46 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	$20,000
Arts Cleveland
1900 SUPERIOR AVE E SUITE 130	CLEVELAND	OH	44114	none	PC	programmatic support	$15,000
Baldwin Wallace University
275 EASTLAND RD	BEREA	OH	44017	none	PC	programmatic support	$4,500
Beck Center for the Arts
17801 DETROIT AVE	LAKEWOOD	OH	44107	none	PC	programmatic support	$18,000
Case Western Reserve University
10900 EUCLID AVE	CLEVELAND	OH	44106	none	PC	programmatic support	$230,000
Center for Arts-Inspired Learning
10917 MAGNOLIA DRIVE	CLEVELAND	OH	44106	none	PC	programmatic support	$5,000
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	$50,000
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	$312,500
Cleveland Music School Settlement
11125 MAGNOLIA DR	CLEVELAND	OH	44106	none	PC	programmatic support	$27,500
Cleveland Play House
1501 EUCLID AVE	CLEVELAND	OH	44115	none	PC	programmatic support	$20,000
Cleveland Public Theatre
6415 DETROIT ROAD	CLEVELAND	OH	44102	none	PC	programmatic support	$15,000
Cleveland Rape Crisis Center
526 SUPERIOR AVE	CLEVELAND	OH	44114	none	PC	programmatic support	$7,500
Cleveland School of Arts Bd of Trustees
PO BOX 18265	CLEVELAND	OH	441180265	none	PC	programmatic support	$10,000
Cleveland State University Foundation
2121 EUCLID AVE	CLEVELAND	OH	44115	none	PC	programmatic support	$22,500
Cuyahoga Community College
700 CARNEGIE AVENUE	CLEVELAND	OH	44115	none	PC	programmatic support	$20,000
Cuyahoga Community College Foundation
2900 COMMUNITY COLLEGE AVENUE	CLEVELAND	OH	44114	none	PC	programmatic support	$2,500
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	$90,000
Greater Akron Musical Association
92 NORTH MAIN STREET	AKRON	OH	44308	none	PC	programmatic support	$5,000
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
Malachi House
2810 CLINTON AVENUE	CLEVELAND	OH	44113	none	PC	programmatic support	$1,000
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	$5,000
Playhouse Square Foundation
1501 EUCLID AVE NO 200	CLEVELAND	OH	44115	none	PC	programmatic support	$2,500
Professional Flair Inc
3030 EUCLID AVE SUITE 100	CLEVELAND	OH	44115	none	PC	programmatic support	$5,000
Rock & Roll Hall of Fame & Museum
1100 EAST 9TH STREET	CLEVELAND	OH	44114	none	PC	programmatic support	$10,000
Rock and Roll Hall of Fame and Museum
1100 EAST 9TH STREET	CLEVELAND	OH	44114	none	PC	programmatic support	$150,000
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	$450,000
The Musical Theater Project
5755 GRANGER ROAD STE 830	INDEPENDENCE	OH	44131	none	PC	programmatic support	$20,000
The Salvation Army
2507 E 22ND ST	CLEVELAND	OH	44115	none	PC	programmatic support	$35,000
Tuesday Musical
1041 W MARKET ST NO 200	AKRON	OH	443137103	none	PC	programmatic support	$10,000
United Way of Greater Cleveland
1331 EUCLID AVENUE	CLEVELAND	OH	441151854	none	PC	programmatic support	$30,000
University Circle Incorporated
10831 MAGNOLIA DRIVE	CLEVELAND	OH	44106	none	PC	programmatic support	$7,500
University Hospitals Health System
3605 WARRENSVILLE CENTER ROAD	SHAKER HEIGHTS	OH	44122	none	PC	programmatic support	$50,000
University of Akron Foundation
302 E BUCHTEL AVE	AKRON	OH	44325	none	PC	programmatic support	$27,000
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	$1,846,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,036,845	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 Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	01	ExclusionCd
Exclusion	$5,663	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$367,743	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	$1,410,251	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,410,251	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
BDO USA, LLP	$32,100	$16,050	$16,050
LOU GRASSO	$40,008	$20,004	$20,004

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	$9,027,316	EOYBookValueAmt
EOYFMV	$9,027,316	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CORP. STOCKS - PNC FUNDS	$30,721,463	$30,721,463
CORP. STOCKS - COLUMBUS MIDCAP	$2,209,956	$2,209,956
MUTUAL FUNDS	$17,508	$17,508

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (6 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
WHITE OAK INVESTMENTS	FMV	$993,129	$993,129
TIFF PARTNERSHIP III	FMV	$6,677	$6,677
TIFF PARTNERSHIP IV	FMV	$3,999	$3,999
TIFF PRIVATE EQUITY PARTNERS	FMV	$24,825	$24,825
TIFF REALTY AND RESOURCES III	FMV	$110,121	$110,121
BLACK DIAMOND	FMV	$2,645,976	$2,645,976

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	BAKER & HOSTETLER LLP	CategoryTxt
Legal Fees	$725	LegalFeesAmt
Disbursements Charitable Prps	$725	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	ACCRUED INCOME	Desc
BOY Book Value	$20,863	BOYBookValueAmt
EOY Book Value	$20,863	EOYBookValueAmt
EOYFMV	$20,863	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE SUPPLIES	$456	$456
DUES & MEMBERSHIPS	$10,954	$10,954

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	LITIGATION SETTLEMENTS	Desc
Revenue And Expenses Per Books	$5,663	RevenueAndExpensesPerBooksAmt
Net Investment Income	$4,148	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN	Desc
Amt	$3,795,797	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (9 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TIFF	$7,238	$7,238
CLEARSTEAD	$40,000	$40,000
NCB FUNDS	$16,861	$16,861
DEFORIA LANE	$8,561		$8,561
LOUISE STEELE	$10,065		$10,065
ANITA L. MARKLAND	$199		$199
COLUMBUS MID-CAP	$16,339	$16,339
WHITE OAK	$13,440	$13,440
BLACK DIAMOND	$10,990	$10,990

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAX	$67,145
FOREIGN TAXES	$6,005	$6,005