KEMPER & ETHEL MARLEY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- KEMPER & ETHEL MARLEY FOUNDATION (EIN 86-0653091)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-13
- IRS object ID
- 201933179349102868
- Schema version
- 2018v3.1
- 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
- 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 Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-13T15:47:00-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-11-13 | 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 | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $223,766,954 | 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 | $4,018 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,018 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $4,018 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $2,807,595 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,779,848 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,779,848 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $55,801 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $26,927 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $26,927 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | -$55,801 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $22,095,008 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $50,894,410 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,945,204 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $1,559,101 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | -$109,204 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $76,427 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $24,741,616 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $21,778,570 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $4,316,040 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $56,287 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $46,130 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $46,130 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,544 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $412,807 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $325,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $325,000 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $71,142 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,534,560 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,175,717 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,175,717 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $358,701 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,508 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $96 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $96 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $1,412 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,037,235 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $453,267 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $453,267 | TaxesAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $57 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $57 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $344,706 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $320,593 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $320,593 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,716 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,387,160 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,320,803 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,320,803 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $456,572 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,028,270 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,028,270 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,415,430 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,320,803 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,320,803 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,484,842 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,326,186 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $19,457,767 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,995,237 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,253,217 | CashBOYAmt |
| Cash EOY | $1,353,773 | CashEOYAmt |
| Cash EOYFMV | $1,353,773 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $13,452,646 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,922,633 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,922,633 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $18,653 | AcctRcvblAmt |
| Acct Rcvbl BOY | $312 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $18,653 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $18,653 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $733,093 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $745,591 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $738,846 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $91,982,579 | CorporateStockBOYAmt |
| Corporate Stock EOY | $103,610,906 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $105,621,596 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,572,638 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $4,233,123 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,572,638 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $28,648,819 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $71,217,095 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $76,968,515 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $80,313,310 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $149,324 | OtherAssetsBOYAmt |
| Other Assets EOY | $149,324 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $149,324 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $183,021,389 | TotalAssetsBOYAmt |
| Total Assets EOY | $194,342,033 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $223,766,954 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $22,567,650 | GrantsPayableBOYAmt |
| Grants Payable EOY | $18,666,000 | GrantsPayableEOYAmt |
| Deferred Revenue BOY | $821,893 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $816,352 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $2 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $23,389,545 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,482,354 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $142,091,494 | CapitalStockBOYAmt |
| Capital Stock EOY | $142,091,494 | CapitalStockEOYAmt |
| Retained Earning BOY | $17,540,350 | RetainedEarningBOYAmt |
| Retained Earning EOY | $32,768,185 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $159,631,844 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $174,859,679 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $183,021,389 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $194,342,033 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $159,631,844 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,326,186 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,901,649 | OtherIncreasesAmt |
| Subtotal | $174,859,679 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $174,859,679 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (36 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 | 2018-07-01 | 2018-12-31 | $3,337,441 | $3,315,990 | $21,451 | $21,451 |
| Robeco-Boston-Long Term-Covered | P | 2017-01-01 | 2018-12-31 | $7,113,694 | $5,486,834 | $1,626,860 | $1,626,860 |
| Robeco-Boston-Long Term-NonCovered | P | 2017-01-01 | 2018-12-31 | $282,261 | $96,997 | $185,264 | $185,264 |
| Goldman-ST-Covered | P | 2018-07-01 | 2018-12-31 | $4,499,166 | $4,269,299 | $229,867 | $229,867 |
| Goldman-LT-Covered | P | 2017-01-01 | 2018-12-31 | $5,552,909 | $4,239,922 | $1,312,987 | $1,312,987 |
| Goldman-LT-NonCovered | P | 2017-01-01 | 2018-12-31 | $8 | $8 | $8 | |
| Times Square-ST-Covered | P | 2018-07-01 | 2018-12-31 | $7,902,847 | $6,785,266 | $1,117,581 | $1,117,581 |
| Times Square-LT-Covered | P | 2017-01-01 | 2018-12-31 | $6,614,549 | $4,463,346 | $2,151,203 | $2,151,203 |
| Times Square-LT-Non Covered | P | 2017-01-01 | 2018-12-31 | $648,380 | $90,398 | $557,982 | $557,982 |
| William Blair-LT | P | 2017-01-01 | 2018-12-31 | $1,729,760 | $1,729,760 | $1,729,760 | |
| Mondrian-ST | P | 2018-07-01 | 2018-12-31 | $120,091 | $120,091 | $120,091 | |
| Putnam K-1-Long Term | P | 2017-01-01 | 2018-12-31 | $18,256 | $18,256 | $18,256 | |
| Mondrian-LT | P | 2017-01-01 | 2018-12-31 | $497,832 | $497,832 | $497,832 | |
| KEMFMC-LTCG-MCC Land | P | 2012-05-11 | 2018-01-23 | $5,541 | $5,541 | $5,541 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2018-01-19 | $29,841 | $29,841 | $29,841 | |
| KEMNCI-LTCG-NextCycle | P | 2011-02-04 | 2018-06-13 | $3,462 | $3,462 | $3,462 | |
| KEMHIL-LTCG-HastingsFarm | P | 2011-04-05 | 2018-01-31 | $2,000,573 | $2,000,573 | $2,000,573 | |
| KEMHRI-LTCG-Hawes&Riggs | P | 2011-04-28 | 2018-04-30 | $1,938,122 | $1,938,122 | $1,938,122 | |
| KEMTIL-LTCG-Tuscano Land | P | 2011-05-25 | 2018-10-30 | $2,423,704 | $2,423,704 | $2,423,704 | |
| KEMALI-LTCG-Alameda | P | 2012-06-29 | 2018-03-13 | $1,006,346 | $1,006,346 | $1,006,346 | |
| KFGBIN-LTCG-GilbertBaseline | P | 2016-10-10 | 2018-07-13 | $261,581 | $261,581 | $261,581 | |
| KF99LI-LTCG-99thLowerBuckeye | P | 2016-11-01 | 2018-07-05 | $163,856 | $163,856 | $163,856 | |
| RobecoBstnSTCvrdWashSale loss disallowed | P | 2018-07-01 | 2018-12-31 | $6,074 | $6,074 | $6,074 | |
| GoldmanSTCvrd-Wash sale loss Disallowed | P | 2018-07-01 | 2018-12-31 | $28,644 | $28,644 | $28,644 | |
| TimesSqSTCvrdWash Sale loss disallowed | P | 2018-07-01 | 2018-12-31 | $35,393 | $35,393 | $35,393 | |
| TimesSq-LT-CvrdWash sale loss disallowed | P | 2017-01-01 | 2018-12-31 | $15,860 | $15,860 | $15,860 | |
| BostonLT-Cvrd-BasisAdjWithJPMC-Custodian | P | 2017-01-01 | 2018-12-31 | $112,843 | $112,843 | $112,843 | |
| JPM-MnyMktLTCGBasisAdjWithJPMC-Custodian | P | 2017-01-01 | 2018-12-31 | $47 | $47 | $47 | |
| GoldmnLTCGCvrdBasisAdjWithJPMC-Custodian | P | 2017-01-01 | 2018-12-31 | $2,556 | -$2,556 | -$2,556 | |
| TimeSqLTCGCvrdBasisAdjWithJPMC-Custodian | P | 2017-01-01 | 2018-12-31 | $48,794 | -$48,794 | -$48,794 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2018-06-15 | $750,735 | $750,735 | $750,735 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2018-09-20 | $137,646 | $137,646 | $137,646 | |
| KEMFIL-LTCG-Marley Park | P | 2004-01-14 | 2018-12-19 | $25,378 | $25,378 | $25,378 | |
| KEMNCI-LTCG-NextCycle | P | 2011-02-04 | 2018-10-25 | $7,705 | $7,705 | $7,705 | |
| KF99LI-LTCG-99thLowerBuckeye | P | 2017-04-04 | 2018-09-11 | $261,401 | $261,401 | $261,401 | |
| KF99LI-LTCG-99thLowerBuckeye | P | 2017-04-04 | 2018-11-06 | $212,660 | $212,660 | $212,660 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,945,204 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,559,101 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,419,379 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $224,104,079 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04649 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $11,176,457 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $218,204,823 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05122 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $11,096,435 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $230,362,196 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04817 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $15,562,202 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $236,917,517 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06569 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $14,237,929 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $232,904,014 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06113 | DistributionYr5Rt |
| Total Distribution | 0.272701 | TotalDistributionRt |
| Average Distribution | 0.054540 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $240,243,121 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $13,102,860 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $194,578 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $13,297,438 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,484,842 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $389,155 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $389,155 | SubtotalAmt |
| Tax Based On Investment Income | $389,155 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $310,986 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $130,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $440,986 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,118 | EsPenaltyAmt |
| Overpayment | $50,713 | OverpaymentAmt |
| Applied To ES Tax | $50,713 | 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 |
| 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| 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 | $251,278 |
| Mondrian Investment Partners Ltd | |||||
| PO Box 392481 | Cleveland | OH | 44193 | Money Manager | $158,785 |
| Goldman Sachs | |||||
| 32 Old Slip - 32nd Floor | New York | NY | 10005 | Money Manager | $167,665 |
| Boston Partners | |||||
| 909 Third Avenue-32nd Floor | New York | NY | 10022 | Money Manager | $139,984 |
| Marley Management Company | |||||
| PO Box 10392 | Phoenix | AZ | 85064 | Invest;Acctg;Grants | $1,582,709 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $118,455,716 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,078,922 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $110,367,008 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $243,901,646 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $243,901,646 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,658,525 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $240,243,121 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $12,012,156 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $12,012,156 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $389,155 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $389,155 | TotalTaxAmt |
| Distributable Before Adj | $11,623,001 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $11,623,001 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $11,623,001 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,484,842 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,484,842 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $10,484,842 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $11,623,001 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $7,207,031 | UndistributedIncomePYAmt |
| Qualifying Distributions | $10,484,842 | QualifyingDistributionsAmt |
| Applied To Year1 | $7,207,031 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,277,811 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $8,345,190 | 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 | $10,028,270 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,028,270 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Aid To Adoption Of Special Kids | |||||||
| 2320 N 20th St | Phoenix | AZ | 85006 | None | PC | Siblings Camp for children in foster care | $30,000 |
| Barrow Neurological Foundation | |||||||
| 350 W Thomas Road | Phoenix | AZ | 85013 | None | PC | Neuroscience building on 3rd Avenue | $650,000 |
| Barrow Neurological Foundation | |||||||
| 350 W Thomas Road | Phoenix | AZ | 85013 | None | PC | Endowment for neurological research | $150,000 |
| Devereux Foundation-Arizona | |||||||
| 2025 N 3rd St | Phoenix | AZ | 85004 | None | PC | New Residential Dormitory for youth in treatment | $375,000 |
| Diocesan Council-St Vincent DePaul | |||||||
| 420 W Watkins Road | Phoenix | AZ | 85003 | None | PC | New residential building for homeless veterans | $150,000 |
| Fighter Country Foundation Inc | |||||||
| 500 N Estrella Parkway B2-Pmb 479 | Goodyear | AZ | 85338 | None | PC | New building for security mount at Luke Air Force Base | $200,000 |
| First Place AZ | |||||||
| 717 E Maryland Ave 110 | Phoenix | AZ | 85014 | None | PC | Residential apartments for adults with autism | $300,000 |
| 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 |
| Girl Scout Council Inc-AZ Cactus-Pi | |||||||
| 119 E Coronado Rd | Phoenix | AZ | 85004 | None | PC | Camp Sombero-South Mountain Camp campus redo incl. buildings | $50,000 |
| Grand Canyon Association | |||||||
| PO Box 399 | Grand Canyon | AZ | 86023 | None | PC | Support for dark sky certification in Grand Canyon National Park | $450,000 |
| Great Hearts Academies | |||||||
| 4801 E Washington St 250 | Phoenix | AZ | 85034 | None | PC | Performing Arts building for Maryvale Prep.Campus | $1,250,000 |
| Heard Museum | |||||||
| 2301 N Central Ave | Phoenix | AZ | 85004 | None | PC | Support of exhibits and programming in the Grand Gallery | $96,000 |
| Liberty Wildlife Rehabilitation Fdn | |||||||
| 2600 E Elwood St | Phoenix | AZ | 85040 | None | PC | New Campus with educational side for students and the public and rehabilitation side for the animals | $125,000 |
| Lowell Observatory | |||||||
| 1400 W Mars Hill Road | Flagstaff | AZ | 86001 | None | PC | Research time for the Lowell astronomers on the Discovery Channel Telescope | $540,000 |
| Mayo Clinic Arizona | |||||||
| 13400 E Shea Blvd | Scottsdale | AZ | 85259 | None | PC | Scholarship Endowment for students at the Mayo Medical School | $3,400,000 |
| Northern AZ University Foundation I | |||||||
| PO Box 4094 | Flagstaff | AZ | 86011 | None | PC | Support for NAU Center for Non-Profit and Social Entrepreneurship certicate program | $700,000 |
| Northern AZ University Foundation I | |||||||
| PO Box 4094 | Flagstaff | AZ | 86011 | None | PC | Support for the start of the Center for Non-Profit and Social Entrepreneurship | $100,000 |
| Phoenix Zoo Auxiliary | |||||||
| 455 N Galvin Parkway | Phoenix | AZ | 85008 | None | PC | Capital support for the new elephant habitat | $775,000 |
| Reid Park Zoological Society | |||||||
| 1030 S Randolph Way | Tucson | AZ | 85716 | None | PC | New Veterinary Animal Health Center | $125,000 |
| Sandra Day O'Connor Institute | |||||||
| PO Box 4425 | Phoenix | AZ | 85030 | None | PC | Summer Camp for 7th and 8th graders for civic education | $50,000 |
| Sharlot Hall Historical Society of | |||||||
| 415 W Gurley Street | Prescott | AZ | 86301 | None | PC | New Education Center on Museum Grounds | $400,000 |
| Sojourner Center | |||||||
| PO Box 20156 | Phoenix | AZ | 85036 | None | PC | Support for domestic violence victims for traumic brain injury assessment and treatment | $200,000 |
| Southwest Autism Research Resource | |||||||
| 300 N 18th Street | Phoenix | AZ | 85006 | None | PC | In school testing for students on the autism spectrum | $225,000 |
| Translational Genomics Research Ins | |||||||
| 445 N 5th St 600 | Phoenix | AZ | 85004 | None | PC | Early detection and treatment of pancreatic cancer | $1,000,000 |
| University Of Arizona Foundation | |||||||
| PO Box 210036 | Tucson | AZ | 85721 | None | PC | Scholarship Endowment for students of the new UofA Veterinary School of Medicine | $4,561,000 |
| University Of Arizona Foundation | |||||||
| PO Box 210036 | Tucson | AZ | 85721 | None | PC | Capital support for the new UofA Veterinarian School of Medicine | $2,639,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $18,666,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,018 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,779,848 | ExclusionAmt |
| Related Or Exempt Function Incm | $27,747 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531190 | BusinessCd |
| Unrelated Business Taxbl Incm | -$28,874 | UnrelatedBusinessTaxblIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$26,927 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531390 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,149,804 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,945,204 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (13 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| EDCPVH-OrdLoss-To 990T | 531390 | -$959 | ||
| KEMDOB-OthrPortfolioInc | 14 | $6,000 | ||
| KEMFDCResSLGlfOrdLos-990T | 531120 | -$163,602 | ||
| KEMF-Ranch-OrdInc-To990T | 111000 | -$21,070 | ||
| KEMHRInvOthrPortfolioInc | 14 | -$55 | ||
| KEMVRInvOthrPortfolioInc | 14 | $20,000 | ||
| KF99LBOthrPortfolioInc | 14 | $3,524 | ||
| KF99SIOthrPortfolioInc | 14 | $7,735 | ||
| KFEHF1OthrPortfolioInc | 14 | $44,565 | ||
| KFSherwoodOthrPortInc | 14 | $10,866 | ||
| KFWPINvOthrPortfolioLoss | 14 | -$596 | ||
| KFWWINvOthrPortfolioInc | 14 | $88 | ||
| Mondrian-PortfolioInc | 20 | -$15,700 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,935,299 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $21,778,570 | ExclusionAmt |
| Related Or Exempt Function Incm | $27,747 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $24,741,616 | 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 (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Marley Management-990T | $16,665 | $0 | $0 | $0 |
| Marley Management-Direct&SMLLCs | $325,000 | $325,000 | $325,000 | $0 |
| Marley Management-KEMFDN Exempt | $71,142 | $0 | $0 | $71,142 |
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 (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| KEMFRL-1231 Gain-MCC | 2016-02 | Purchase | 2018-11 | $75 | Cost | -$75 |
| KEMF-DCL-1231 Gain | 2009-02 | Purchase | 2018-05 | $3,149,879 | Cost | $3,149,879 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| General Explanation Supplemental Information for Form 990-PF | Form 990-T AttachmentSchedule of Loss Carryforwards Taxable Year Amounts filed Amounts per closed Audit 2007 (38,805) (839,017) 2008 (263,882) (1,066,286) 2009 (1,837,371) (1,797,241) 2010 (1,096,052) (1,686,399) 2011 (1,542,722) (1,475,880) 2012 (1,117,167) (1,014,983) Total (5,895,999) (7,879,806) 2013 5,895,999 7,475,133 Balance (404,673) 2014 (463,893) (355,058)990-T Loss Carryforward through 2014 Subtotal (759,731) 2015 (402,127) (402,127)990-T Loss Carryforward through 2015 Subtotal $(1,161,858) 2016 (488,763) (490,224)990-T Loss Carryforward through 2016 Subtotal $(1,652,082) 2017 Net Loss (491,237) $(491,237) 990-T Loss Carryforward through 2017 Subtotal $(2,143,319) 2018 Net Income 2,841,585 2,143,319======================================================================Capital Loss Carryfoward used in 2018 $ 74,568Ordinary Loss Carryforward used in 2018 $ 2,068,751 |
| 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 2,062,417 2,062,417 15,544,138KEMMCL-MarleyCattle Land Retained 232,731 232,731 3,313,758KEMDOB-Dobbins Mannor Land 2,255,259 2,255,259 2,280,000 ---------- ------------ ----------------- Total $ 4,572,637 $ 4,572,637 $ 21,137,896 ========== ============ ================= |
| 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 $139,883 $15,794 $0Stephen M. Corrigan $ 34,630 $ 5,195 $0Dan Corrigan $ 28,280 $ 4,242 $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Robeco-Boston-Equity | $19,422,077 | $21,768,619 |
| Times Square-Small Cap | $20,714,333 | $22,946,176 |
| Goldman Sachs-Lg.Cap.Growth | $17,054,887 | $22,221,408 |
| Mondrian-International Value | $23,465,087 | $20,283,454 |
| William Blair-International Growth | $22,954,522 | $18,401,939 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $745,591 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $738,846 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $4,572,638 | CostOrOtherBasisAmt |
| Book Value | $4,572,638 | BookValueAmt |
| EOYFMV | $28,648,819 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EDCPVH-Inv in Golf Casitas LLC | FMV | $15,044 | $15,044 |
| KEMFDC-Inv in DC Ranch LLC | FMV | $3,704,380 | $3,406,898 |
| KEMFRL-Inv in MarleyCattleCompanyLLP | FMV | $59,759 | $532,107 |
| KEMDMI-Inv in Dominion Creek LLC | FMV | $2,443,617 | $2,896,967 |
| KEMMRI-Inv in McCartney Ranch LLC | FMV | $4,918,947 | $3,945,039 |
| KEMVRI-Inv in Ventanna Ranch LLC | FMV | $4,551,342 | $6,118,097 |
| KEMNCI-Inv in NC Investments LLC | FMV | $67,405 | $38,004 |
| KEMHIL-Inv in EH HastingsFarmLLC | FMV | $1 | $1 |
| KEMHRI-Inv in Hawes & Riggs LLC | FMV | $1,183,806 | $4,203,767 |
| KEMTIL-Inv in TuscanoD&G LLC | FMV | $119,413 | $119,413 |
| KEM20I-Inv in 20th Drive Investments LLC | FMV | $1,198,209 | $1,998,273 |
| KEMALI-Inv in Alameda Investments LLC | FMV | $4,899 | $4,899 |
| KF303I-Inv in 303G Investments LLC | FMV | $3,743,192 | $4,708,363 |
| KFWPIN-Inv in WP Investments LLC | FMV | $10,024,937 | $11,842,273 |
| KEMFIL-Inv in Marley Park Deed of Trust | FMV | $1 | $1,158,665 |
| KEMFMC-Inv in Freeport Deed of Trust | FMV | $892,975 | $892,975 |
| KFSHWD-Inv in Sherwood LLC | FMV | $6,798,494 | $3,397,704 |
| KFWWIN-Inv in Westwind Investors LLC | FMV | $19,418,626 | $16,307,816 |
| KFGBIN-Inv in Gilbert & Baseline LLC | FMV | $847,177 | $768,986 |
| KF99LI-Inv in 99LB Investments LLC | FMV | $129,563 | $381,883 |
| KFBCPI-Inv in Biltmore Corp Park LLC | FMV | $4,416,904 | $4,277,780 |
| KFEHF1-Inv in EH PP Funding Invs | FMV | $5,325,767 | $5,325,767 |
| KFTSIN-Inv in Tempe Bargin Storage | FMV | $2,344,672 | $3,213,203 |
| KF99SI-Inv in 99B SelfStorage | FMV | $2,953,597 | $2,953,597 |
| KF25PI-Inv in 25P SelfStorage | FMV | $1,182,495 | $1,182,495 |
| KFGDCF-Inv in GDC Funding Inv | FMV | $609,912 | $609,912 |
| KF19SI-Inv in 19thAveHappyValleyS | FMV | $6,691 | $6,691 |
| KF19NI-Inv in 19thAveHappyValleyN | FMV | $6,691 | $6,691 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Fennemore Craig-990T | $2,613 | $0 | $0 | $0 |
| Fennemore Craig-DIrect&SMLLCs | $46,130 | $46,130 | $46,130 | $0 |
| Fennemore Craig-KEMF Only | $7,544 | $0 | $0 | $7,544 |
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 Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Dues, Subs, Pubs | $26,918 | $9,999 | $9,999 | $16,919 |
| Insurance-Property & Umbrella | $27,152 | $26,440 | $26,440 | $712 |
| Licenses & Permits | $12,825 | $12,825 | $12,825 | |
| Lincoln Property Expenses | $20,024 | $20,024 | $20,024 | |
| LLC Portfolio Expenses | $211,018 | $211,018 | $211,018 | |
| Misc NonDed Exp SMLLC K-1s-Div 007 | $6,397 | |||
| Office Supplies | $85 | $85 | ||
| Ranching Grazing Fee | $23,704 | $23,704 | $23,704 | |
| Rental Property Utility Expenses | $16,583 | $16,583 | $16,583 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EDCPVH-OrdLoss-To 990T | -$959 | |
| KEMDOB-OthrPortfolioInc | $6,000 | $6,000 |
| KEMFDCResSLGlfOrdLos-990T | -$163,602 | |
| KEMF-Ranch-OrdInc-To990T | -$21,070 | |
| KEMHRInvOthrPortfolioInc | -$55 | -$55 |
| KEMVRInvOthrPortfolioInc | $20,000 | $20,000 |
| KF99LBOthrPortfolioInc | $3,524 | $3,524 |
| KF99SIOthrPortfolioInc | $7,735 | $7,735 |
| KFEHF1OthrPortfolioInc | $44,565 | $44,565 |
| KFSherwoodOthrPortInc | $10,866 | $10,866 |
| KFWPINvOthrPortfolioLoss | -$596 | -$596 |
| KFWWINvOthrPortfolioInc | $88 | $88 |
| Mondrian-PortfolioInc | -$15,700 | -$15,700 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Decrease in Future Grant Commitments | Desc |
| Amt | $3,901,649 | Amt |
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 | $2 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (11 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Callan-Consultant | $66,383 | $66,383 | $66,383 | $0 |
| JPM-Custodian Fees | $46,892 | $46,892 | $46,892 | $0 |
| MMC-PublicInvesting-NB | $82,089 | $82,089 | $82,089 | $0 |
| MMC-RE & Property Mgt. | $246,793 | $246,793 | $246,793 | $0 |
| MMC-RE Mgt;Acctg;Grant Mgt.-NB&Others | $358,701 | $0 | $0 | $358,701 |
| MMC-RE Mgt;Acctg-990T | $142 | $0 | $0 | $0 |
| Money Manager-Boston | $139,984 | $139,984 | $139,984 | $0 |
| Money Manager-Goldman Sachs | $167,665 | $167,665 | $167,665 | $0 |
| Money Manager-Mondrian | $158,785 | $158,785 | $158,785 | $0 |
| Money Manager-Time Square | $251,278 | $251,278 | $251,278 | $0 |
| RE Consulting-Everest | $15,848 | $15,848 | $15,848 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Excise Tax | $497,721 | ||
| Foreign Taxes Withheld on Dividends | $78,109 | $78,109 | $78,109 |
| Property Taxes-Real Estate | $375,158 | $375,158 | $375,158 |
| UBIT Income Taxes-990T | $86,247 |