KPMG U S FOUNDATION INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- KPMG U S FOUNDATION INC (EIN 22-3263347)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-02-09
- IRS object ID
- 201640409349300024
- Schema version
- 2014v6.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-09T10:19:13-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ESSEX RD | AddressLine1Txt |
| City | PARAMUS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 076521412 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223263347 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG DISASTER RELIEF FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KPMG | BusinessNameControlTxt |
| Phone | 2013077763 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 CHESTNUT RIDGE RD | AddressLine1Txt |
| City | MONTVALE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07645 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BERNARD J MILANO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2013077763 | PhoneNum |
| Signature | 2016-02-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EDWARD G O'CONNOR | PreparerPersonNm |
| PTIN | P00434443 | PTIN |
| Phone | 2017129800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BERNARD J MILANO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 CHESTNUT RIDGE RD | AddressLine1Txt |
| City | MONTVALE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07645 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $936,092 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE PURPOSE IS TO PROVIDE A VEHICLE FOR PARTNERS AND EMPLOYEES OF KPMG LLP TO ASSIST COLLEAGUES WHO HAVE AN IMMEDIATE FINANCIAL NEED AND/OR PERMANENT FINANCIAL LOSS RESULTING FROM A NATURAL DISASTER. THE ORGANIZATION NOW MAKES GRANTS TO QUALIFIED U.S. AND INTERNATIONAL CHARITABLE ORGANIZATIONS TO PROVIDE DIRECT BENEFITS TO SURVIVORS OF TERRORIST ATTACKS, NATURAL DISASTERS OR ANY SIMILAR SUCH TRAGEDIES IN THE FUTURE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $729,184 | PYContributionsGrantsAmt |
| CY Contributions Grants | $936,092 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $729,184 | PYTotalRevenueAmt |
| CY Total Revenue | $936,092 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $657,775 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $616,482 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,600 | PYOtherExpensesAmt |
| CY Other Expenses | $9,635 | CYOtherExpensesAmt |
| PY Total Expenses | $664,375 | PYTotalExpensesAmt |
| CY Total Expenses | $626,117 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $64,809 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $309,975 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $869,485 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,179,660 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,850 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,050 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $865,635 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,175,610 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $616,482 | ExpenseAmt |
| Grant | $616,482 | GrantAmt |
| Desc | THE PURPOSE OF THE KPMG DISASTER RELIEF FUND (FUND) IS TO PROVIDE A VEHICLE FOR PARTNERS AND EMPLOYEES OF KPMG LLP (KPMG) TO ASSIST COLLEAGUES WHO HAVE AN IMMEDIATE FINANCIAL NEED AND/OR PERMANENT FINANCIAL LOSS RESULTING FROM A NATURAL DISASTER. THE FUND WILL ACHIEVE ITS OBJECTIVE BY COLLECTING VOLUNTARY CONTRIBUTIONS FROM PARTNERS, EMPLOYEES, RETIREES AND OTHERS. THE FUND MAY ALSO ACCEPT CONTRIBUTIONS FROM KPMG OR FROM AFFILIATED ENTITIES. AMOUNTS WILL BE DISTRIBUTED TO DISASTER VICTIMS ACCORDING TO THE FUND'S POLICIES AND PROCEDURES. IN ADDITION TO PROVIDING DISASTER ASSISTANCE TO KPMG PARTNERS AND EMPLOYEES, THE FUND MAY ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. GENERALLY, SUCH CONTRIBUTIONS TO A PUBLIC CHARITY WILL BE IN RESPONSE TO A NEED CAUSED BY A NATURAL DISASTER.DURING 2015, THE FUND COLLECTED OVER KPMG LLP AND ITS PARTNERS AND EMPLOYEES USED TO SUPPORT THE NEPAL RELIEF EFFORT THROUGH THE INTERNATIONAL COMMITTEE OF THE RED CROSS. IT ALSO COLLECTED $30,000 WHICH WAS PAID OUT TO DOCTORS WITHOUT BORDERS AND THE CDC FOUNDATION FOR THEIR DIRECT RELIEF EFFORTS DURING THE EBOLA CRISIS IN AFRICA. | Desc |
| Total Program Service Expenses | $616,482 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD J MILANO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2013077662 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 CHESTNUT RIDGE ROAD | AddressLine1Txt |
| City | MONTVALE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07645 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| BERNARD J MILANO | ||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN COLE | ||||||
| VICE PRESIDENT AND TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TARA M PERINO | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SYLVIA BRANDES | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LATORIA TORI J CARROLL FARMER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATHY A H HANNAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRUCE N PFAU | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID L WAGNER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $936,092 | AllOtherContributionsAmt |
| Total Contributions | $936,092 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $936,092 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,482 | TotalAmt |
| Program Services | $295,482 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,000 | TotalAmt |
| Program Services | $321,000 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,500 | TotalAmt |
| Management And General | $6,500 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500 | TotalAmt |
| Management And General | $2,500 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEE | Desc |
| Total | $635 | TotalAmt |
| Management And General | $635 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $626,117 | TotalAmt |
| Program Services | $616,482 | ProgramServicesAmt |
| Management And General | $9,635 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $869,485 | BOYAmt |
| EOY | $1,093,230 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $81,430 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $869,485 | BOYAmt |
| EOY | $1,179,660 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,850 | BOYAmt |
| EOY | $4,050 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,850 | BOYAmt |
| EOY | $4,050 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,687 | BOYAmt |
| EOY | $93,154 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $808,948 | BOYAmt |
| EOY | $1,082,456 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,635 | BOYAmt |
| EOY | $1,175,610 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $869,485 | BOYAmt |
| EOY | $1,179,660 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $309,975 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,372,706 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $507,796 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $745,114 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $729,184 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $936,092 | CurrentTaxYearAmt |
| Total | $4,290,892 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,372,706 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $507,796 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $745,114 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $729,184 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $936,092 | CurrentTaxYearAmt |
| Total | $4,290,892 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $332,585 | SubstantialContributorsTotAmt |
| Public Support Total170 | $3,958,307 | PublicSupportTotal170Amt |
| Total Support | $4,290,892 | TotalSupportAmt |
| Public Support CY170 | 0.92250 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63150 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM KPMG LLP | Desc |
| Book Value | $81,430 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $81,430 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $936,092 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $936,092 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $936,092 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $626,117 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $626,117 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $626,117 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2012. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, | 0 | 0 | PROGRAM SERVICES | GRANTMAKING | $291,000 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, | 0 | 0 | GRANTS TO RECIPIENTS | GRANTMAKING | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $321,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $321,000 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, | MILLENIUM VILLAGE PROJECT | $291,000 | CHECK |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, | EBOLA RELIEF EFFORT | $30,000 | CHECK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | AS THE ADMINISTRATOR OF THE MILLENIUM VILLAGE PROJECT, OUR KPMG GLOBAL GRANTS PRACTICE IS MONITORING THE USE OF FUNDS AND REPORTS ANNUALLY TO THE DRF BOARD OF DIRECTORS. THERE IS A SIGNED GRANTS AND SERVICES AGREEMENT IN PLACE. THE DRF BOARD APPOINTS A DISASTER RELIEF TASK FORCE (DRTF) TO MAKE RECOMMENDATIONS FOR DISTRIBUTING FUNDS COLLECTED. MEMBERS OF THE DRTF ARE SELECTED ON THE BASIS OF VAST EXPERTISE RELATED TO THE PROJECT AT HAND. PAST MEMBERS INCLUDE JOHN-ANTHONY A. MEZA; AIDAN WALSH; RICK SPEIZMAN; JACK MILLER; TIM STILES; BILL BENTLEY, COO OF THE POINTS OF LIGHT FOUNDATION; AND STEPHEN JORDAN, EXECUTIVE DIRECTOR OF THE U.S. CHAMBER OF COMMERCE CENTER FOR CORPORATE CITIZENSHIP. THE DRTF REVIEWS RECOMMENDATIONS FROM KPMG PARTNERS, EMPLOYEES, AND OTHER KPMG PRACTICES; AND OTHER GENERALLY AVAILABLE INFORMATION. THE DRTF MEETS AS FREQUENTLY AS NECESSARY TO VET ORGANIZATIONS AND DEVELOP RECOMMENDATIONS FOR PRESENTATION TO THE DRF BOARD OF DIRECTORS. THE DRF BOARD OF DIRECTORS REVIEWS DRTF RECOMMENDATIONS ALONG WITH KPMG GLOBAL RELIEF EFFORTS. FINAL DECISIONS ARE MADE AT A SCHEDULED BOARD MEETING OR BY EMAIL BALLOT. INTERNATIONAL AGENCIES RECEIVING FUNDING ARE REQUIRED TO SUBMIT AND REPORT DOCUMENTING THE USE OF FUNDS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BACK ON MY FEET FOUNDATION | |||||||
| 85 DELANCEY STREET | NEW YORK | NY | 10002 | 262109809 | 501(C)(3) | $5,710 | GENERAL SUPPORT |
| ST ANN'S WAREHOUSE INC | |||||||
| 55 WASHINGTON STREET SUITE 458 | BROOKLYN | NY | 11201 | 112665242 | 501(C)(3) | $8,500 | GENERAL SUPPORT |
| PETER J RUHRY KEYS TO HOPE FOUNDATION | |||||||
| 142 ROXBURTY RD | GARDEN CITY | NY | 11530 | 455427132 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| CITY HARVEST INC | |||||||
| 6 E 32ND ST 5TH FL | NEW YORK | NY | 10016 | 133170676 | 501(C)(3) | $15,000 | GENERAL SUPPORT |
| ALZHEIMER'S ASSOCIATION | |||||||
| 360 LEXINGTON AVE | NEW YORK | NY | 10017 | 133277408 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| THE BOWERY MISSION | |||||||
| 132 MADISON AVENUE | NEW YORK | NY | 10016 | 131617086 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| JUNIOR ACHIEVEMENT OF NEW YORK | |||||||
| 420 LEXINGTON AVE | NEW YORK | NY | 10170 | 133031828 | 501(C)(3) | $50,000 | GENERAL SUPPORT |
| CATHOLIC CHARITIES COMMUNITY SERVICES ARCHDIOSCESE OF NEW YORK | |||||||
| 1011 FIRST AVENUE 11TH FLOOR | NEW YORK | NY | 10022 | 135562185 | 501(C)(3) | $75,000 | GENERAL SUPPORT |
| RESOURCES FOR CHILDREN WITH SPECIAL NEEDS INC | |||||||
| 116 EAST 16TH STREET 5TH FL | NEW YORK | NY | 10003 | 112594790 | 501(C)(3) | $8,240 | GENERAL SUPPORT |
| UNITED JEWISH APPEALFEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC | |||||||
| 130 EAST 59TH STREET | NEW YORK | NY | 10022 | 510172429 | 501(C)(3) | $72,032 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THESE GRANTS WERE APPROVED BY THE DRF BOARD OF DIRECTORS UTILIZING RECOMMENDATIONS MADE BY THE NEW YORK METRO ADVISORY COUNCIL AS DESCRIBED BELOW. GRANT APPROVAL/PAYMENT PROCESS: THE NEW YORK METRO ADVISORY COUNCIL CONDUCTS A PREVIOUSLY ESTABLISHED REVIEW PROCESS OF PARTNER/MANAGER MATCHING FUND REQUESTS AND SUBMITS FINAL RECOMMENDATIONS TO THE DRF BOARD OF DIRECTORS. RECOMMENDATIONS ARE DISTRIBUTED TO THE DRF'S BOARD OF DIRECTORS VIA EMAIL BALLOT. DRF DIRECTORS WILL CONSIDER RECOMMENDATIONS IN GOOD FAITH AND WILL HAVE FINAL AUTHORITY, AND WILL MAINTAIN DISCRETION AND CONTROL, TO DETERMINE THE CHARITABLE ORGANIZATIONS TO RECEIVE DISTRIBUTIONS, AND THE AMOUNT OF SUCH DISTRIBUTIONS EACH YEAR. DRF STAFF WILL ISSUE GRANT CHECKS FROM THE FUND TO THE SELECTED CHARITABLE ORGANIZATIONS. A COPY OF THE CHECK TRANSMITTAL LETTER WILL BE SENT TO THE CHAIR OF THE NEW YORK METRO ADVISORY COUNCIL AND THE ORIGINAL DONOR. THE CHECK TRANSMITTAL LETTER WILL BE SENT TO THE CHAIR OF THE NEW YORK METRO ADVISORY COUNCIL AND THE ORIGINAL DONOR. THE RECIPIENTS ARE ASKED TO PROVIDE A REPORT OF THE USE OF FUNDS ON AN ANNUAL BASIS OR IF A REQUEST FOR ADDITIONAL FUNDING IS SUBMITTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | THE PURPOSE OF THE KPMG DISASTER RELIEF FUND (FUND) IS TO PROVIDE A VEHICLE FOR PARTNERS AND EMPLOYEES OF KPMG LLP (KPMG) TO ASSIST COLLEAGUES WHO HAVE AN IMMEDIATE FINANCIAL NEED AND/OR PERMANENT FINANCIAL LOSS RESULTING FROM A NATURAL DISASTER. THE FUND WILL ACHIEVE ITS OBJECTIVE BY COLLECTING VOLUNTARY CONTRIBUTIONS FROM PARTNERS, EMPLOYEES, RETIREES AND OTHERS. THE FUND MAY ALSO ACCEPT CONTRIBUTIONS FROM KPMG OR FROM AFFILIATED ENTITIES. AMOUNTS WILL BE DISTRIBUTED TO DISASTER VICTIMS ACORDING TO THE FUND'S POLICIES AND PROCEDURES. IN ADDITION TO PROVIDING DISASTER ASSISTANCE TO KPMG PARTNERS AND EMPLOYEES, THE FUND MAY ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. GENERALLY, SUCH CONTRIBUTIONS TO A PUBLIC CHARITY WILL BE IN RESPONSE TO A NEED CAUSED BY A NATURAL DISASTER. IN RESPONSE TO THE SEPTEMBER 11, 2001 TERRORIST ATTACKS ON THE UNITED STATES, THE STATEMENT OF PURPOSE OF THE FUND WAS AMENDED TO ALLOW IT TO COLLECT VOLUNTARY CONTRIBUTIONS FROM KPMG AND ITS PARTNERS, EMPLOYEES, AND RETIREES, AND FROM ANY OTHER INDIVIDUAL OR ENTITY, AND DISTRIBUTE SUCH CONTRIBUTIONS TO OTHER QUALIFIED ORGANIZATIONS TO PROVIDE BENEFIT TO SURVIVORS AND FAMILIES OF THE VICTIMS OF THE SEPTEMBER 11, 2001 TERRORIST ATTACKS, OR ANY SUCH TRAGEDIES IN THE FUTURE. IN RESPONSE TO THE DECEMBER 2004 TSUNAMI THAT DEVASTATED THE FAR EAST, THE STATEMENT OF PURPOSE OF THE FUND WAS AMENDED TO ALLOW IT TO COLLECT VOLUNTARY CONTRIBUTIONS FROM KPMG AND ITS PARTNERS, EMPLOYEES AND RETIREES, AND FROM ANY OTHER INDIVIDUAL OR ENTITY, AND DISTRIBUTE SUCH CONTRIBUTIONS TO QUALIFIED INTERNATIONAL CHARITABLE ORGANIZATIONS. EFFECTIVE MARCH 31, 2011, THE KPMG DISASTER RELIEF FUND (DRF) ENTERED INTO AN AGREEMENT TO ADMINISTER THE NEW YORK FUND (FORMERLY THE KPMG NEW YORK FOUNDATION) AT WHICH TIME ALL FUNDS HELD IN THE KPMG NEW YORK FOUNDATION ACCOUNT WERE TRANSFERRED TO THE KPMG DISASTER RELIEF FUND TO BE INVESTED IN COMMON WITH OTHER FUNDS MAINTAINED BY THE DRF AS A SEPARATE ENTITY (NEW YORK FUND) ON THE DRF'S BOOKS AND RECORDS. FUTURE CONTRIBUTIONS WILL BE SENT DIRECTLY TO THE KPMG DISASTER RELIEF FUND RESTRICTED TO THE NEW YORK FUND. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. TEN DAYS PRIOR TO FILING A FINAL DRAFT COPY IS PROVIDED ELECTRONICALLY TO THE BOARD MEMBERS FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART VII, SECTION A: | BERNARD J. MILANO ACTS AS PRESIDENT OF EACH OF THE FOLLOWING ENTITIES: KPMG FOUNDATION, THE PHD PROJECT, AND THE KPMG DISASTER RELIEF FUND. HE SPENDS APPROXIMATELY 75%, 20%, AND 5% OF HIS TIME ON THE RESPECTIVE ORGANIZATIONS. AS PRESIDENT OF THESE ENTITIES HE RECEIVES NO COMPENSATION. HIS COMPENSATION IS PAID BY KPMG LLP. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |