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KEARNS SALDINGER CHARITABLE FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
KEARNS SALDINGER CHARITABLE FOUNDATION (EIN 77-0528158)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-08
IRS object ID
201201299349101210
Schema version
2011v1.2
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)
Timestamp2012-05-08T16:40:08-07:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Koehler & Associates CPAsBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11541 The AlamedaAddressLine1
CitySan JoseCity
StateCAState
ZIP Code951263435ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN770528158EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Kearns Saldinger FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlKEARNameControl
Phone6509171916Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 Galli DriveAddressLine1
CityLos AltosCity
StateCAState
ZIP Code94022ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCathy A KearnsName
TitleSecy/Tres/DirTitle
Date Signed2012-05-08DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDavid R Koehler CPAName
Phone4082867400Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY563620FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss7InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm7InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm7InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss17718DividendsRevAndExpnss
Dividends Net Invst Incm17718DividendsNetInvstIncm
Dividends Adj Net Incm17718DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss1907NetGainSaleAssetsRevAndExpnss
Gross Sales Price171321GrossSalesPrice
Capital Gain Net Incm Net Invst Incm1907CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses19632TotalRevenueAndExpenses
Total Net Investment Income19632TotalNetInvestmentIncome
Total Adjusted Net Income17725TotalAdjustedNetIncome
Legal Fees Rev And Expnss3572LegalFeesRevAndExpnss
Legal Fees Dsbrs Chrtbl Prps3572LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss3650AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps3650AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss5926OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm5926OtherProfFeesNetInvstIncm
Taxes Rev And Expnss99TaxesRevAndExpnss
Taxes Net Invst Incm99TaxesNetInvstIncm
Other Expenses Rev And Expnss10391OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm10OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps10381OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss23638TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm6035TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps17603TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss15000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps15000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss38638TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm6035TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps32603TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-19006ExcessOfRevenueOverExpenses
Net Investment Income13597NetInvestmentIncome
Adjusted Net Income17725AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY26491SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY21425SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV21425SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY497964InvestmentsCorpStockBOY
Investments Corp Stock EOY484024InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV542195InvestmentsCorpStockEOYFMV
Total Assets BOY524455TotalAssetsBOY
Total Assets EOY505449TotalAssetsEOY
Total Assets EOYFMV563620TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Paid In Or Capital Surplus BOY472239PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY472239PaidInOrCapitalSurplusEOY
Retained Earnings BOY52216RetainedEarningsBOY
Retained Earnings EOY33210RetainedEarningsEOY
Total Net Assets BOY524455TotalNetAssetsBOY
Total Net Assets EOY505449TotalNetAssetsEOY
Total Liabilities Net Assets BOY524455TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY505449TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY524455TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-19006ExcessOfRevenueOverExpenses
Subtotal505449Subtotal
Total Net Assets Fund Balances EOY505449TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income1907CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year136148QualifyingDistributionsYear1
Noncharitable Assets Year1559870NoncharitableAssetsYear1
Distribution Ratio Year10.06457DistributionRatioYear1
Qualifying Distributions Year235150QualifyingDistributionsYear2
Noncharitable Assets Year2507155NoncharitableAssetsYear2
Distribution Ratio Year20.06931DistributionRatioYear2
Qualifying Distributions Year335074QualifyingDistributionsYear3
Noncharitable Assets Year3665241NoncharitableAssetsYear3
Distribution Ratio Year30.05272DistributionRatioYear3
Qualifying Distributions Year438875QualifyingDistributionsYear4
Noncharitable Assets Year4788425NoncharitableAssetsYear4
Distribution Ratio Year40.04931DistributionRatioYear4
Qualifying Distributions Year537622QualifyingDistributionsYear5
Noncharitable Assets Year5729087NoncharitableAssetsYear5
Distribution Ratio Year50.05160DistributionRatioYear5
Total Distribution Ratio0.28751TotalDistributionRatio
Average Distribution Ratio0.05750AverageDistributionRatio
Net Noncharitable Assets591571NetNoncharitableAssets
Adjusted Noncharitable Assets34016AdjustedNoncharitableAssets
One Percent Net Investment Income136OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One34152AdjNonchrtblAssetsAndOnePct
Qualifying Distributions32603QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax272InvestmentIncomeExciseTax
Subtotal272Subtotal
Tax Based On Investment Income272TaxBasedOnInvestmentIncome
Tax Due272TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithCAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1David R Koehler CPABusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number4082867400BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11541 The AlamedaAddressLine1
CitySan JoseCity
StateCAState
ZIP Code95126ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Allison Kearns
205 Galli DriveLos AltosCA94022Secty/Treasurer1.000
Cathy A Kearns
205 Galli DriveLos AltosCA94022President2.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities579831AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances20749AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets600580TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets600580AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable9009CashDeemedCharitable
Net Noncharitable Assets591571NetNoncharitableAssets
Minimum Investment Return29579MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return29579MinimumInvestmentReturn
Tax Based On Investment Income272TaxBasedOnInvestmentIncome
Total Tax272TotalTax
Distributable Amount Before Adj29307DistributableAmountBeforeAdj
Distributable Amount Before Ded29307DistributableAmountBeforeDed
Distributable Amount As Adjusted29307DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions32603ExpensesAndContributions
Qualifying Distributions32603QualifyingDistributions
Adj Qualifying Distributions32603AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted29307DistributableAmountAsAdjusted
Excess Distri Carryover Year51828ExcessDistriCarryoverYear5
Excess Distri Carryover Year468ExcessDistriCarryoverYear4
Excess Distri Carryover Year32242ExcessDistriCarryoverYear3
Excess Distri Carryover Year29960ExcessDistriCarryoverYear2
Excess Distri Carryover Year18352ExcessDistriCarryoverYear1
Total Excess Distri Carryover22450TotalExcessDistriCarryover
Qualifying Distributions32603QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year29307AppliedToCurrentYear
Remaining Distri From Corpus3296RemainingDistriFromCorpus
Total Corpus25746TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year51828ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year23918ExcessDistriCyovToNextYear
Excess From Year468ExcessFromYear4
Excess From Year32242ExcessFromYear3
Excess From Year29960ExcessFromYear2
Excess From Year18352ExcessFromYear1
Excess From Current Year3296ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
KARA
457 Kingsley AvePalo AltoCA94301NonePublicFund non-profit charitable organization$1,000
Friends for Youth
1741 BroadwayRedwood CityCA94063NonePublicFund non-profit charitable organization$1,000
Stanford Hospitals Partners in Cari
300 Pasteur DriveStanfordCA94305NonePublicFund non-profit charitable organization$2,000
MVLA UHSD High School Foundation
1299 Bryant AveMt ViewCA94040NonePublicFund educational programs that foster student academic success.$5,000
E Palo Alto Kids Foundation
PO Box 50542Palo AltoCA94303NonePublicSupport of Other Charitable Organization - Education$5,000
Ronald McDonald House-Stanford
520 Sand Hill RoadPalo AltoCA94304NonePublicSupport of Other Charitable Organization - Health Care$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year15000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$7ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$17,718ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Related Or Exempt Function Income1907RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$17,725ExclusionAmount
Related Or Exempt Function Income1907RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA19632TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryAccounting FeesCategory
Amount$3,650Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps3650DisbursementsCharitablePrps

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
CategoryLegal FeesCategory
Amount$3,572Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps3572DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
State Fees1010
Employee Welfare1038110381

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryInvestment Advisory FeesCategory
Amount$5,926Amount
Net Investment Income5926NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFederal Excise TaxCategory
Amount$99Amount
Net Investment Income99NetInvestmentIncome