KEMPER & ETHEL MARLEY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KEMPER & ETHEL MARLEY FOUNDATION (EIN 86-0653091)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-13
- IRS object ID
- 202031959349101138
- Schema version
- 2019v5.0
- 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
- Contractor Compensation Expln
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-13T10:22:58-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 860684543 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marley Management Company | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10392 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 850640392 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860653091 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Kemper & Ethel Marley Fdn | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KEMP | BusinessNameControlTxt |
| Phone | 6022696081 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10392 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stephen M Corrigan-See Note | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-07-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nancy E Ball | PreparerPersonNm |
| PTIN | P01598658 | PTIN |
| Phone | 6022696081 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-01-07 14:23:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $247,257,344 | 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 | $476,012 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $476,012 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $476,012 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $2,822,279 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,796,169 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,796,169 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $425,650 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $46,349 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $46,349 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $425,650 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $16,354,533 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $69,247,065 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,354,533 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $444,526 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $99,100 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $86,064 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $20,177,574 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $19,666,429 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,670,358 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $45,626 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $22,813 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $22,813 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $22,813 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $4,696 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,348 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $2,348 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,348 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $32,147 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $26,902 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $26,902 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,475 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $561,779 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $407,181 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $407,181 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $108,648 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,527,866 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,184,857 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,184,857 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $287,729 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $98,767 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $98,767 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $98,767 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $1,094,858 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $357,002 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $357,002 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $1,755 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,307 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $4,192 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $4,192 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $116 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $299,898 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $280,028 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $280,028 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,386 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,669,944 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,384,090 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,384,090 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $436,270 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,214,195 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,214,195 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,884,139 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,384,090 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,384,090 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,650,465 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,293,435 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $17,282,339 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,286,268 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,353,773 | CashBOYAmt |
| Cash EOY | $1,717,326 | CashEOYAmt |
| Cash EOYFMV | $1,717,326 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,922,633 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $17,336,325 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $17,336,325 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $143,751 | AcctRcvblAmt |
| Acct Rcvbl BOY | $18,653 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $143,751 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $143,751 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $745,591 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,553,796 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,563,502 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $103,610,906 | CorporateStockBOYAmt |
| Corporate Stock EOY | $92,887,801 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $110,554,562 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,940,973 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $4,572,638 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,940,973 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $28,641,884 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $76,968,515 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $80,900,633 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $86,150,670 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $149,324 | OtherAssetsBOYAmt |
| Other Assets EOY | $149,324 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $149,324 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $194,342,033 | TotalAssetsBOYAmt |
| Total Assets EOY | $200,629,929 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $247,257,344 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $18,666,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $26,794,106 | GrantsPayableEOYAmt |
| Deferred Revenue BOY | $816,352 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $810,811 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $2 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $19,482,354 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,604,921 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $142,091,494 | CapitalStockBOYAmt |
| Capital Stock EOY | $142,091,494 | CapitalStockEOYAmt |
| Retained Earning BOY | $32,768,185 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,933,514 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $174,859,679 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $173,025,008 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $194,342,033 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $200,629,929 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $174,859,679 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,293,435 | ExcessRevenueOverExpensesAmt |
| Subtotal | $181,153,114 | SubtotalAmt |
| Other Decreases | $8,128,106 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $173,025,008 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (33 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Robeco-Boston-Short Term-Covered | P | 2019-07-01 | 2019-12-31 | $8,800,276 | $9,037,859 | -$237,583 | -$237,583 |
| Robeco-Boston-Long Term-Covered | P | 2018-01-01 | 2019-12-31 | $9,184,357 | $8,147,417 | $1,036,940 | $1,036,940 |
| Robeco-Boston-Long Term-NonCovered | P | 2018-01-01 | 2019-12-31 | $1,860,621 | $591,643 | $1,268,978 | $1,268,978 |
| RobecoBstnSTCvrdWashSale loss disallowed | P | 2019-07-01 | 2019-12-31 | $128,047 | $128,047 | $128,047 | |
| RobecoBstnLTCvrdWashSaleLossDisallowed | P | 2018-01-01 | 2019-12-31 | $71,302 | $71,302 | $71,302 | |
| Goldman-ST-Covered | P | 2019-07-01 | 2019-12-31 | $6,746,555 | $6,845,611 | -$99,056 | -$99,056 |
| Goldman-LT-Covered | P | 2018-01-01 | 2019-12-31 | $10,461,494 | $7,409,367 | $3,052,127 | $3,052,127 |
| Goldman-LT-NonCovered | P | 2018-01-01 | 2019-12-31 | $1,226,093 | $119,696 | $1,106,397 | $1,106,397 |
| GoldmanSTCvrd-Wash sale loss Disallowed | P | 2019-07-01 | 2019-12-31 | $21,279 | $21,279 | $21,279 | |
| GoldmanLTCvrd-Wash sale loss Disallowed | P | 2018-01-01 | 2019-12-31 | $28,207 | $28,207 | $28,207 | |
| Time Square-ST-Covered | P | 2019-07-01 | 2019-12-31 | $13,000,913 | $12,514,686 | $486,227 | $486,227 |
| Times Square-LT-Covered | P | 2018-01-01 | 2019-12-31 | $10,208,633 | $8,037,287 | $2,171,346 | $2,171,346 |
| Times Square-LT-Covered | P | 2018-01-01 | 2019-12-31 | $924,713 | $188,966 | $735,747 | $735,747 |
| TimesSqSTCvrdWash Sale loss disallowed | P | 2019-07-01 | 2019-12-31 | $152,251 | $152,251 | $152,251 | |
| TimesSqLTCvrdWash Sale loss disallowed | P | 2018-01-01 | 2019-12-31 | $33,779 | $33,779 | $33,779 | |
| Putnam K-1-Long Term | P | 2018-01-01 | 2019-12-31 | $85,102 | $85,102 | $85,102 | |
| Mondrian-ST | P | 2019-07-01 | 2019-12-31 | $6,639 | -$6,639 | -$6,639 | |
| Mondrian-LT | P | 2018-01-01 | 2019-12-31 | $133,422 | -$133,422 | -$133,422 | |
| BostonLT-Cvrd-BasisAdjWithJPMC-Custodian | P | 2018-01-01 | 2019-12-31 | $119,961 | $119,961 | $119,961 | |
| Goldman-LTCGCvrd-BasisAdjWithJPMC-Custod | P | 2018-01-01 | 2019-12-31 | $3,592 | $3,592 | $3,592 | |
| TimeSq-LTCGCovered-JPMFormAdj | P | 2018-01-01 | 2019-12-31 | $18,501 | -$18,501 | -$18,501 | |
| KEMFDC-LTCG-DomCreekLand | P | 2010-04-02 | 2019-07-01 | $3,463,776 | $3,463,776 | $3,463,776 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2019-01-31 | $192,704 | $192,704 | $192,704 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2019-04-02 | $677,997 | $677,997 | $677,997 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2019-05-15 | $192,704 | $192,704 | $192,704 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2019-09-20 | $119,978 | $119,978 | $119,978 | |
| KEMFMC-LTCG-MCC Land | P | 2012-05-11 | 2019-01-03 | $5,541 | $5,541 | $5,541 | |
| KEMNCI-LTCG-NextCycle | P | 2011-02-04 | 2019-08-05 | $39,445 | -$39,445 | -$39,445 | |
| KEMHRI-LTCG-Hawes&Riggs | P | 2011-04-28 | 2019-11-27 | $13,200 | $13,200 | $13,200 | |
| KEMHRI-LTCG-Hawes&Riggs | P | 2011-04-28 | 2019-12-31 | $16,541 | $16,541 | $16,541 | |
| KF303I-LTCG-303&Gelndale | P | 2018-01-01 | 2019-12-31 | $734,261 | $734,261 | $734,261 | |
| KF99LI-LTCG-99thLB-SouthPad | P | 2016-11-01 | 2019-12-16 | $423,851 | $423,851 | $423,851 | |
| KFTSIN-LTCG-TempeStorage-Inv | P | 2017-03-09 | 2019-06-27 | $547,344 | $547,344 | $547,344 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,354,533 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $444,526 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,484,842 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $240,243,121 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04364 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $10,419,379 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $224,104,079 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04649 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $11,176,457 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $218,204,823 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05122 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $11,096,435 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $230,362,196 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04817 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $15,562,202 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $236,917,517 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06569 | DistributionYr5Rt |
| Total Distribution | 0.255212 | TotalDistributionRt |
| Average Distribution | 0.051042 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $236,516,204 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $12,072,260 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $172,823 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $12,245,083 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,650,465 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $345,647 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $345,647 | SubtotalAmt |
| Tax Based On Investment Income | $345,647 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $440,713 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $440,713 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $95,066 | OverpaymentAmt |
| Applied To ES Tax | $95,066 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | ID | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Kemper&Ethel Marley Fdn | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6022696081 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10392 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85064 | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Nancy Elitharp Ball-See Note | ||||||
| PO Box 10392 | Phoenix | AZ | 85064 | Treasurer&VP | 21.00 | $0 |
| Stephen M Corrigan-See Note | ||||||
| PO Box 10392 | Phoenix | AZ | 85064 | President | 16.00 | $0 |
| Dan Corrigan-See Note | ||||||
| PO Box 10392 | Phoenix | AZ | 85064 | VP | 14.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Times Square Capital Mgt Inc | |||||
| Four TImes Square 25th Floor | New York | NY | 10036 | Money Manager | $239,917 |
| Mondrian Investment Partners Ltd | |||||
| PO Box 392481 | Cleveland | OH | 44193 | Money Manager | $140,830 |
| Goldman Sachs | |||||
| 32 Old Slip - 32nd Floor | New York | NY | 10005 | Money Manager | $158,299 |
| Boston Partners | |||||
| 909 Third Avenue-32nd Floor | New York | NY | 10022 | Money Manager | $114,636 |
| Marley Management Company | |||||
| PO Box 10392 | Phoenix | AZ | 85064 | Invest;Acctg;Grants | $1,688,913 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $108,241,777 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,165,751 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $116,710,446 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $240,117,974 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $240,117,974 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,601,770 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $236,516,204 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $11,825,810 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $11,825,810 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $345,647 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $345,647 | TotalTaxAmt |
| Distributable Before Adj | $11,480,163 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $11,480,163 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $11,480,163 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,650,465 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,650,465 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $10,650,465 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $11,480,163 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $8,345,190 | UndistributedIncomePYAmt |
| Qualifying Distributions | $10,650,465 | QualifyingDistributionsAmt |
| Applied To Year1 | $8,345,190 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,305,275 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $9,174,888 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Attached Statement | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | For Detail of Total Grants | AddressLine1Txt |
| City | Various Cities | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | Various | RecipientRelationshipTxt |
| Recipient Foundation Status | Various | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Various | GrantOrContributionPurposeTxt |
| Amt | $10,214,195 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,214,195 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Barrow Neurological Foundation | |||||||
| 350 W Thomas Road | Phoenix | AZ | 85013 | None | PC | Neuroscience building on 3rd Avenue | $600,000 |
| Barrow Neurological Foundation | |||||||
| 350 W Thomas Road | Phoenix | AZ | 85013 | None | PC | Endowment for neurological research | $100,000 |
| Devereux Foundation-Arizona | |||||||
| 2025 N 3rd St | Phoenix | AZ | 85004 | None | PC | New Residential Dormitory for youth in treatment | $350,000 |
| Gilbert Historical Society Inc-HD S | |||||||
| PO Box 1484 | Gilbert | AZ | 85299 | None | PC | New building for cultural and historic building for Gilbert | $125,000 |
| Grand Canyon Conservancy | |||||||
| PO Box 399 | Grand Canyon | AZ | 86023 | None | PC | Dark Sky certification in Grand Canyon National Park | $575,000 |
| Great Hearts Academies | |||||||
| 4801 E Washington St 250 | Phoenix | AZ | 85034 | None | PC | Performing Arts building for Maryvale Prep.Campus | $900,000 |
| Honorhealth Foundation | |||||||
| 8125 N Hayden Rd | Scottsdale | AZ | 85258 | None | PC | Trauma Training and Educational Outreach | $105,000 |
| Honorhealth Foundation | |||||||
| 8125 N Hayden Rd | Scottsdale | AZ | 85258 | None | PC | 2 Trauma Bay Units-Renovation, equipment and expansion. | $439,000 |
| Lowell Observatory | |||||||
| 1400 W Mars Hill Road | Flagstaff | AZ | 86001 | None | PC | 32,000 square foot astronomy education facility for the public. | $10,923,606 |
| Mayo Clinic Arizona | |||||||
| 13400 E Shea Blvd | Scottsdale | AZ | 85259 | None | PC | Scholarship Endowment for students at the Mayo Medical School | $2,500,000 |
| Northern AZ University Foundation I | |||||||
| PO Box 4094 | Flagstaff | AZ | 86011 | None | PC | NAU Center for Non-Profit and Social Entrepreneurship certicate program | $700,000 |
| Phoenix Zoo Auxiliary | |||||||
| 455 N Galvin Parkway | Phoenix | AZ | 85008 | None | PC | Capital support for the new elephant habitat | $400,000 |
| Sharlot Hall Historical Society of | |||||||
| 415 W Gurley Street | Prescott | AZ | 86301 | None | PC | New Education Center on Museum Grounds | $300,000 |
| Southwest Autism Research Resource | |||||||
| 300 N 18th Street | Phoenix | AZ | 85006 | None | PC | In school testing for students on the autism spectrum | $112,500 |
| Translational Genomics Research Ins | |||||||
| 445 N 5th St 600 | Phoenix | AZ | 85004 | None | PC | Early detection and treatment of pancreatic cancer | $500,000 |
| University Of Arizona Foundation | |||||||
| PO Box 210036 | Tucson | AZ | 85721 | None | PC | Scholarship Endowment for students of the new UofA Veterinary School of Medicine | $3,200,000 |
| University Of Arizona Foundation | |||||||
| PO Box 210036 | Tucson | AZ | 85721 | None | PC | Capital support for the new UofA Veterinarian School of Medicine | $3,289,000 |
| Center For The Future Of Arizona | |||||||
| 541 E Van Buren St Ste B5 | Phoenix | AZ | 85004 | None | PC | Rural Programming-Annual Personnel & Program Expenses | $200,000 |
| Feeding MattersPOPSICLE | |||||||
| 7650 E Redfield Rd C4 | Scottsdale | AZ | 85260 | None | PC | Pediatric Feeding Disorder areas: Education/Advocacy/Research/Parent Support/Public Relations, Communications and Marketing. | $200,000 |
| Justice Project Inc | |||||||
| 411 N Central Ave 600 | Phoenix | AZ | 85004 | None | PC | Build Program capacity. | $50,000 |
| Lutheran Social Services Of The Sou | |||||||
| 10201 S 51st Street | Phoenix | AZ | 85044 | None | PC | Interfaith homeless emergency lodging program. | $200,000 |
| Nature Conservancy-Arizona Chapter | |||||||
| 7600 N 15th St 100 | Phoenix | AZ | 85020 | None | PC | Restoring Arizona's Forests-Forest Thinning, Technology Dev., Modernization of Forest Mgt. Process | $750,000 |
| A T Still University of Health Scie | |||||||
| 800 W Jefferson St | Kirksville | MO | 63501 | None | PC | Specialized training for problems associated with caregiving. | $75,000 |
| Umom New Day Centers Inc | |||||||
| 3333 E Van Buren St | Phoenix | AZ | 85008 | None | PC | Uutreach & engagement for unaccompanied youth. | $100,000 |
| West Valley Fine Arts Council | |||||||
| 13243 N Founders Park Blvd | Surprise | AZ | 85395 | None | PC | Creative Aging Program in Sun Health's Senior Living Center. | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $26,794,106 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $476,012 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,796,169 | ExclusionAmt |
| Related Or Exempt Function Incm | $26,110 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531190 | BusinessCd |
| Unrelated Business Taxbl Incm | $471,999 | UnrelatedBusinessTaxblIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$46,349 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,354,533 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (13 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| EDCPVH-OrdLoss-To 990T | 531390 | -$573 | ||
| KEMDOB-OthrPortfolioInc | 14 | $6,000 | ||
| KEMFDCResSLGlfOrdLos-990T | 531120 | -$3,368 | ||
| KEMF-Ranch-OrdInc-To990T | 111000 | $16,977 | ||
| KEMHRInvOthrPortfolioInc | 14 | |||
| KEMVRInvOthrPortfolioInc | 14 | $40,000 | ||
| KF303I-OthrPortfolioInc | 14 | $11,494 | ||
| KF99SIOthrPortfolioInc | 14 | $14,577 | ||
| KFSherwoodOthrPortInc | 14 | $10,891 | ||
| KFWPINvOthrPortfolioLoss | 14 | -$1,194 | ||
| KFWWINvOthrPortfolioInc | 14 | |||
| KFWWInvOthrPortfolioLoss | 14 | $88 | ||
| Mondrian-PortfolioInc | 20 | $4,208 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $485,035 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $19,666,429 | ExclusionAmt |
| Related Or Exempt Function Incm | $26,110 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $20,177,574 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 4 | LineNumberTxt |
| Relationship Statement | These dividends are return of capital that Managers show as non-taxable dividends. They add income for grant support. | RelationshipStatementTxt |
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 (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Marley Management-990T | $45,950 | $0 | $0 | $0 |
| Marley Management-Direct&SMLLCs | $407,186 | $407,186 | $407,186 | $0 |
| Marley Management-KEMFDN Exempt | $108,648 | $0 | $0 | $108,648 |
| Rounding for IS Balancing | $5 | -$5 | -$5 | $0 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marley Management Company | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Real Estate Acq&Mgt;Acctg&Tax Plng&Prep; Cash Mgt; Grant Mgt; Equity Mgt. | ExplanationTxt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | KFTSIN-LTCG-TempeStorage-Exmt | AssetDesc |
| Acquired | 2017-03 | AcquiredDt |
| How Acquired | Purchase | HowAcquiredTxt |
| Sold | 2019-06 | SoldDt |
| Basis Method | Cost | BasisMethodTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| General Explanation Supplemental Information for Form 990-PF | The information reported here for Form 990PF details the summary information presented Part II; Balance Sheet line 11 - Investments-Land, Buildings & Equipment and further reported on Statement 9:Category Basis Book Value Fair Market Value-------------------------- ---------- ------------ -----------------Lincoln House Improvements $ 22,231 $ 22,231 $ 0KEMFMC-MarleyCattle Land 2,143,252 2,143,252 21,237,484KEMMCL-MarleyCattle Land Retained 252,181 252,181 5,124,400KEMDOB-Dobbins Mannor Land 2,523,309 2,523,309 2,280,000 ---------- ------------ ----------------- Total $ 4,940,972 $ 4,940,972 $ 28,641,884 ========== ============ ================= |
| General Explanation Supplemental Information for Form 990-PF | The information reported here for Form 990-PF, Page 6, Part VIII-1 is not paid directly by The Kemper & Ethel Marley Foundation. The compensation and benefit plan information is paid by Marley Management Company. The compensation is included in the information provided on Form 990-PF, Page 7, Part VIII-3 for Marley Management Company as per Part VIII. Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors.Officer Compensation Contrib. To Benefit Plans Expense AccountNancy E. Ball $122,213 $17,865 $0Stephen M. Corrigan $ 34,630 $ 8,658 $0Dan Corrigan $ 28,280 $ 7,070 $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Robeco-Boston-Equity | $14,758,651 | $18,399,693 |
| Times Square-Small Cap | $12,535,539 | $17,530,856 |
| Goldman Sachs-Lg.Cap.Growth | $10,805,306 | $18,803,007 |
| Mondrian-International Value | $18,397,477 | $17,933,786 |
| William Blair-International Growth | $18,034,402 | $18,336,825 |
| JPM-LSVQX_xx8517 | $17,104,853 | $18,186,757 |
| KFCGFL-Inv Vanguard S&P 500 Index Fund | $1,251,573 | $1,363,638 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,553,796 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,563,502 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $4,940,973 | CostOrOtherBasisAmt |
| Book Value | $4,940,973 | BookValueAmt |
| EOYFMV | $28,641,884 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (32 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EDCPVH-Inv in Golf Casitas LLC | FMV | $14,478 | $14,478 |
| KEMFDC-Inv in DC Ranch LLC | FMV | $3,743,222 | $3,294,770 |
| KEMFRL-Inv in MarleyCattleCompanyLLP | FMV | $41,066 | $524,129 |
| KEMDMI-Inv in Dominion Creek LLC | FMV | ||
| KEMMRI-Inv in McCartney Ranch LLC | FMV | $4,992,842 | $3,979,524 |
| KEMVRI-Inv in Ventanna Ranch LLC | FMV | $4,810,286 | $6,171,868 |
| KEMNCI-Inv in NC Investments LLC | FMV | $1 | |
| KEMHIL-Inv in EH HastingsFarmLLC | FMV | $1 | |
| KEMHRI-Inv in Hawes & Riggs LLC | FMV | $1,427,565 | $4,342,654 |
| KEMTIL-Inv in TuscanoD&G LLC | FMV | $114,544 | $114,544 |
| KEM20I-Inv in 20th Drive Investments LLC | FMV | $1,239,782 | $2,011,107 |
| KEMALI-Inv in Alameda Investments LLC | FMV | $3,193 | $3,193 |
| KF303I-Inv in 303G Investments LLC | FMV | $1,217,823 | $3,394,516 |
| KFWPIN-Inv in WP Investments LLC | FMV | $10,196,249 | $11,804,393 |
| KEMFIL-Inv in Marley Park Deed of Trust | FMV | $1 | $136,005 |
| KEMFMC-Inv in Freeport Deed of Trust | FMV | $886,914 | $886,914 |
| KFSHWD-Inv in Sherwood LLC | FMV | $6,801,226 | $3,949,217 |
| KFWWIN-Inv in Westwind Investors LLC | FMV | $19,660,215 | $18,500,201 |
| KFGBIN-Inv in Gilbert & Baseline LLC | FMV | $886,899 | $780,726 |
| KF99LI-Inv in 99LB Investments LLC | FMV | ||
| KFBCPI-Inv in Biltmore Corp Park LLC | FMV | $4,506,292 | $4,911,696 |
| KFEHF1-Inv in EH PP Funding Invs | FMV | $3,464,489 | $3,464,489 |
| KFTSIN-Inv in Tempe Bargin Storage | FMV | ||
| KF99SI-Inv in 99B SelfStorage | FMV | $2,922,832 | $3,474,803 |
| KF25PI-Inv in 25P SelfStorage | FMV | $1,541,192 | $1,541,192 |
| KFGDCF-Inv in GDC Funding Inv | FMV | $2,437,508 | $2,437,508 |
| KF19SI-Inv in 19thAveHappyValleyS | FMV | $1,402,631 | $1,402,631 |
| KF19NI-Inv in 19thAveHappyValleyN | FMV | $955,904 | $955,904 |
| KFBILL-Inv in Boise Citadel SS | FMV | $2,873,781 | $3,426,143 |
| KFSBGS-Inv in Signal Butte Guadalupe SS | FMV | $1,096,087 | $1,095,762 |
| KFB2IL-Inv in Boise Victory SS | FMV | $1,529,839 | $1,398,531 |
| KFTCCI-Inv in GDCSLL SS | FMV | $2,133,772 | $2,133,772 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Fennemore Craig-990T | $1,770 | $0 | $0 | $0 |
| Fennemore Craig-DIrect&SMLLCs | $20,576 | $20,576 | $20,576 | $0 |
| Fennemore Craig-KEMF Only | $9,801 | $6,326 | $6,326 | $3,475 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Assets-Furniture,Bronze,Fine Art | Desc |
| BOY Book Value | $149,324 | BOYBookValueAmt |
| EOY Book Value | $149,324 | EOYBookValueAmt |
| EOYFMV | $149,324 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Increase in Future Grant Commitments | Desc |
| Amt | $8,128,106 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Bank Charges | $39 | $39 | $39 | |
| Computer Supplies | $293 | $293 | ||
| Dues, Subs, Pubs | $19,440 | $11,100 | $11,100 | $8,340 |
| Insurance-Property & Umbrella | $33,714 | $32,725 | $32,725 | $704 |
| Licenses & Permits | $3,806 | $3,806 | $3,806 | |
| Lincoln Property Expenses | $22,065 | $22,065 | $22,065 | |
| LLC Portfolio Expenses | $159,240 | $159,240 | $159,240 | |
| Misc NonDed Exp SMLLC K-1s-Div 007 | $4,602 | |||
| Office Supplies | $186 | $137 | $137 | $49 |
| Other COS Exp-CapCosts-KFTSIN-990-T | $5,597 | |||
| Ranching Grazing Fee | $23,272 | $23,272 | $23,272 | |
| Rental Property Utility Expenses | $27,644 | $27,644 | $27,644 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EDCPVH-OrdLoss-To 990T | -$573 | |
| KEMDOB-OthrPortfolioInc | $6,000 | $6,000 |
| KEMFDCResSLGlfOrdLos-990T | -$3,368 | |
| KEMF-Ranch-OrdInc-To990T | $16,977 | |
| KEMVRInvOthrPortfolioInc | $40,000 | $40,000 |
| KF303I-OthrPortfolioInc | $11,494 | $11,494 |
| KF99SIOthrPortfolioInc | $14,577 | $14,577 |
| KFSherwoodOthrPortInc | $10,891 | $10,891 |
| KFWPINvOthrPortfolioLoss | -$1,194 | -$1,194 |
| KFWWInvOthrPortfolioLoss | $88 | $88 |
| Mondrian-PortfolioInc | $4,208 | $4,208 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| BOY Book Value | $2 | BOYBookValueAmt |
| EOY Book Value | $4 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (13 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Appraisal Fees | $12,775 | $12,775 | $12,775 | $0 |
| Callan-Consultant | $68,375 | $68,375 | $68,375 | $0 |
| JPM-Custodian Fees | $51,425 | $51,425 | $51,425 | $0 |
| MMC-PublicInvesting-NB | $28,830 | $28,830 | $28,830 | $0 |
| MMC-RE & Property Mgt.-PP K-1, JZ & NB | $309,033 | $309,033 | $309,033 | $0 |
| MMC-RE Mgt;Acctg;Grant Mgt.-NB&Others | $287,729 | $0 | $0 | $287,729 |
| MMC-RE Mgt;Acctg-990T | $55,280 | $0 | $0 | $0 |
| Money Manager-Boston | $114,636 | $114,636 | $114,636 | $0 |
| Money Manager-Goldman Sachs | $158,299 | $158,299 | $158,299 | $0 |
| Money Manager-Mondrian | $140,830 | $140,830 | $140,830 | $0 |
| Money Manager-Time Square | $239,917 | $239,917 | $239,917 | $0 |
| RE Consulting-Everest | $15,928 | $15,928 | $15,928 | $0 |
| SMLLC PP Inv Fee-Everest/Garrett | $44,809 | $44,809 | $44,809 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Excise Tax | $520,000 | |||
| Foreign Taxes Withheld on Dividends | $51,522 | $51,522 | $51,522 | |
| Payroll Taxes | $3,511 | $1,755 | $1,755 | $1,755 |
| Property Taxes-Real Estate | $303,725 | $303,725 | $303,725 | |
| UBIT Income Taxes-990T | $216,100 |