STRATEGY STUDIO / PUBLIC DATA EXPLORER

KENT FAMILY FOUNDATION 34-A106-00: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
KENT FAMILY FOUNDATION 34-A106-00 (EIN 35-2016376)
Tax period
2012-06-01 to 2013-05-31
Filed
2013-08-29
IRS object ID
201302419349100505
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-08-29T16:11:58-05:00Timestamp
Tax Period End Date2013-05-31TaxPeriodEndDate
Return Type990PFReturnType
Tax Period Begin Date2012-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN352016376EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1KENT FAMILY FOUNDATION PNC BANK NABusinessNameLine1
FieldValueIRS element (for citing)
Name ControlKENTNameControl
Phone8006228036Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 609AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152309738ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTIMOTHY VARNERName
TitleOFFICERTitle
Phone8006228036Phone
Date Signed2013-08-29DateSigned
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY655715FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss13062DividendsRevAndExpnss
Dividends Net Invst Incm13062DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss7768NetGainSaleAssetsRevAndExpnss
Gross Sales Price23530GrossSalesPrice
Capital Gain Net Incm Net Invst Incm7768CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses20830TotalRevenueAndExpenses
Total Net Investment Income20830TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss6989CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm3494CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps3495CompOfcrDirTrstDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss6989TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm3494TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps3495TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss25230ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps25230ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss32219TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm3494TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps28725TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-11389ExcessOfRevenueOverExpenses
Net Investment Income17336NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY14593SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY12768SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV12768SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY219951InvestmentsCorpStockBOY
Investments Corp Stock EOY222791InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV231043InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY299805InvestmentsCorpBondsBOY
Investments Corp Bonds EOY287401InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV411904InvestmentsCorpBondsEOYFMV
Total Assets BOY534349TotalAssetsBOY
Total Assets EOY522960TotalAssetsEOY
Total Assets EOYFMV655715TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY534349CapitalStockBOY
Capital Stock EOY522960CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY0RetainedEarningsBOY
Retained Earnings EOY0RetainedEarningsEOY
Total Net Assets BOY534349TotalNetAssetsBOY
Total Net Assets EOY522960TotalNetAssetsEOY
Total Liabilities Net Assets BOY534349TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY522960TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY534349TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-11389ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal522960Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY522960TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
SALES OF PUBLICLY TRADED SECURITIESP226211576268596859
CAPITAL GAINS DIVIDENDSP909909909
FieldValueIRS element (for citing)
Capital Gain Net Income7768CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year129578QualifyingDistributionsYear1
Noncharitable Assets Year1603920NoncharitableAssetsYear1
Distribution Ratio Year10.048977DistributionRatioYear1
Qualifying Distributions Year228423QualifyingDistributionsYear2
Noncharitable Assets Year2601399NoncharitableAssetsYear2
Distribution Ratio Year20.047261DistributionRatioYear2
Qualifying Distributions Year326258QualifyingDistributionsYear3
Noncharitable Assets Year3561199NoncharitableAssetsYear3
Distribution Ratio Year30.046789DistributionRatioYear3
Qualifying Distributions Year432441QualifyingDistributionsYear4
Noncharitable Assets Year4515747NoncharitableAssetsYear4
Distribution Ratio Year40.062901DistributionRatioYear4
Qualifying Distributions Year532611QualifyingDistributionsYear5
Noncharitable Assets Year5668918NoncharitableAssetsYear5
Distribution Ratio Year50.048752DistributionRatioYear5
Total Distribution Ratio0.254680TotalDistributionRatio
Average Distribution Ratio0.050936AverageDistributionRatio
Net Noncharitable Assets626936NetNoncharitableAssets
Adjusted Noncharitable Assets31934AdjustedNoncharitableAssets
One Percent Net Investment Income173OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One32107AdjNonchrtblAssetsAndOnePct
Qualifying Distributions28725QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax347InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal347Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income347TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment531EstTaxPaymentsAndOverpayment
Total Credits And Payments531TotalCreditsAndPayments
Overpayment184Overpayment
Amount Credited To Next Year184AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithINStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressWWW.PNC.COMWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1PNC BANK NABusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8006228036BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 609AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152309738ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person1PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions0ActsFailToQualifyAsExceptions
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NamePNC BANK NAPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 94651AddressLine1
CityCLEVELANDCity
StateOHState
ZIP Code441014651ZIPCode
FieldValueIRS element (for citing)
TitleTRUSTEETitle
Avg Hours Per Wk Devoted To Position2.00AvgHoursPerWkDevotedToPosition
Compensation6989Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1N/ADescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1
Amount10Amount1
All Oth Prog Rltd Investments Total0AllOthProgRltdInvestmentsTotal
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities636483AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets636483TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets636483AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable9547CashDeemedCharitable
Net Noncharitable Assets626936NetNoncharitableAssets
Minimum Investment Return31347MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return31347MinimumInvestmentReturn
Tax Based On Investment Income347TaxBasedOnInvestmentIncome
Total Tax347TotalTax
Distributable Amount Before Adj31000DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded31000DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted31000DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions28725ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions28725QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions28725AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted31000DistributableAmountAsAdjusted
Undistributed Income Prior Year25463UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions28725QualifyingDistributions
Applied To Year125463AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year3262AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY27738UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameJOCY MUYA PNC BANKRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11900 E 9TH STREET MAIL STOPAddressLine1
Address Line2B7-YB13-13-2AddressLine2
CityCLEVELANDCity
StateOHState
ZIP Code44114ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number2162223226RecipientPhoneNumber
Form And Info And MaterialsWRITTEN REQUESTS SHOULD INCLUDE THE PURPOSE FOR WHICH THE GRANT WILL BE USED AND A COPY OF THE ORGANIZATION'S IRS EXEMPTION LETTER.FormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (10 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ACRES INC
1802 CHAPMAN ROADHUNTERTOWNIN46748N/APUBLIC CHARITYGENERAL SUPPORT$2,000
CEDARS HOPE INC
525 WEST JEFFERSON BLVDFORT WAYNEIN46802N/APUBLIC CHARITYGENERAL SUPPORT$7,730
FT WAYNE CLUBHOUSE INC
3327 LAKE AVENUEFORT WAYNEIN46805N/APUBLIC CHARITYGENERAL SUPPORT$1,000
FORT WAYNE PUBLIC TELEVISION
2501 EAST COLISEUM BLVDFORT WAYNEIN46805N/APUBLIC CHARITYGENERAL SUPPORT$2,000
FOX ISLAND ALLIANCE INC
12206 W YODER ROADROANOKEIN46783N/APUBLIC CHARITYGENERAL SUPPORT$1,000
FRIENDS OF THE THIRD WORLD
611 W WAYNE STREETFORT WAYNEIN46802N/APUBLIC CHARITYGENERAL SUPPORT$3,000
HEARTLAND CHAMBER CHORALE INC
2701 SPRING STREET NC 122FORT WAYNEIN46808N/APUBLIC CHARITYGENERAL SUPPORT$1,000
LITTLE RIVER WETLANDS PROJECT INC
2403 FAIROAK DRIVEFORT WAYNEIN468092301N/APUBLIC CHARITYGENERAL SUPPORT$1,000
PLYMOUTH CONGREGATIONAL CHURCH
501 WEST BERRY STREETFORT WAYNEIN46802N/APUBLIC CHARITYGENERAL SUPPORT$5,500
PUBLIC BROADCASTING OF NE INDIANA
3204 CLAIRMONT COURTFORT WAYNEIN468988459N/APUBLIC CHARITYGENERAL SUPPORT$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year25230TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$13,062ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$7,768ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$20,830ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA20830TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

FieldValueIRS element (for citing)
DescriptionN/ADescription
Amount$0Amount

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

FieldValueIRS element (for citing)
Name Of BondEQUITIESNameOfBond
EOY Book Value287401EOYBookValue
EOYFMV411904EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockFIXED INCOMENameOfStock
EOY Book Value222791EOYBookValue
EOYFMV231043EOYFMV