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← KENDALL & TAYLOR ATKINSON FOUNDATION

Form 990 for tax year 2023

Filed by KENDALL & TAYLOR ATKINSON FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 10 July 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$163,144 changed to $22,533
Total expenses
$145,189 changed to $103,448
Contributions and grants received
$224,375 changed to $21,361
Grants paid
$135,000 changed to $92,513
Investment income
$0 changed to $1,172
Other revenue
-$61,231 changed to $0
Total assets, end of year
$80,915 changed to $0
Net assets or fund balances, end of year
$80,915 changed to $0
Program services expenses
$135,000 changed to $92,513
Management and general expenses
$10,189 changed to $10,935
Program service expenses (Part III)
$135,000 changed to $92,513

Listed only on the earlier return

  • Adam Sands

Totals

Total revenue
$22,533
Total expenses
$103,448
Contributions and grants received
$21,361
Grants paid
$92,513
Program service revenue
$0
Investment income
$1,172
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$92,513
Management and general expenses
$10,935
Fundraising expenses
$0
Program service expenses (Part III)
$92,513

Program services were 89.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $21,361

  • 7a · Gross sales of assets other than inventory

    other assets $1,172

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $1,172

  • 7d · Net gain or loss

    total $1,172 · excluded $1,172

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $92,513 · program services $92,513

  • 11c · Fees: accounting

    total $3,885 · management and general $3,885

  • 13 · Office expenses

    total $2,141 · management and general $2,141

  • 14 · Information technology

    total $710 · management and general $710

  • 23 · Insurance

    total $1,062 · management and general $1,062

  • 24a · Other expenses: MISCELLANEOUS OPERATION

    total $3,137 · management and general $3,137

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $80,915 · end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $80,915 · end of year $0

Mission and programs · 2023

Mission

TO RAISE MONEY FOR CHARITABLE ALLOCATION.

  • **ALLOCATIONS WERE MADE TO THE FANCONI ANEMIA RESEARCH FUND TO SUPPORT MEDICAL, SCIENTIFIC AND TREATMENT RESEARCH OF FANCONI ANEMIA AND ITS RELATED CANCERS.*$72,513 WAS ALLOCATED TO FUND RESEARCH ENTITLED "TRANSFORMING TREATMENT OF INHERITED BONE MARROW FAILURE IN FANCONI ANEMIA BY PRECISE IN VIVO GENOME EDITING."PEOPLE WITH FA, WHO HAVE BONE MARROW FAILURE, ARE CURRENTLY TREATED WITH ALLOGENEIC HEMATOPOIETIC STEM CELL TRANSPLANTS. HOWEVER, THESE PROCEDURES REMAIN SOMEWHAT LIMITED DUE TO HIGH COST, LACK OF APPROPRIATE DONORS IN SOME REGIONS, AND HEIGHTENED RISK OF LONG-TERM HEALTH EFFECTS SUCH AS AN INCREASED RISK OF CANCER. IN VIVO GENE THERAPIES OFFER PROMISE AND GREAT POTENTIAL FOR A SAGE EASILY ACCESSIBLE, AND COST-EFFECTIVE THERAPEUTIC OPTION TO TREAT FA-RELATED BONE MARROW FAILURE THAT CAN BE USED WORLDWIDE. THIS CONSORTIUM WILL TEST GENE EDITING TECHNOLOGIES FOR ALL MAJOR FA MUTATIONS USING LABORATORY-BASED TECHNIQUES OVER THE NEXT TWO YEARS. THE GOAL IS TO RAPIDLY DEVELOP A TRANSLATIONAL PROTOCOL THAT WILL EVENTUALLY BE TESTED IN CLINICAL TRIALS.**ALLOCATIONS WERE MADE TO THE UNIVERSITY OF COLORADO FOUNDATION. *AN ALLOCATION OF $20,000 WAS MADE TO THE UNIVERSITY OF COLORADO FOUNDATION FOR THE KENNETH R ATKINSON MD ENDOWED MEMORIAL SCHOLARSHIP.DISTRIBUTION OF FUNDS WAS MADE TO AN ENDOWED SCHOLARSHIP TO BE AWARDED ANNUALLY TO A STUDENT ENROLLED IN THE SCHOOL OF MEDICINE AT THE UNIVERSITY OF COLORADO ANSCHUTZ MEDICAL CAMPUS. SCHOLARSHIP IS NEED BASED WITH PREFERENCE GIVEN TO 4TH YEAR MEDICAL STUDENTS WHO PLAN ON GOING INTO PRIMARY CARE MEDICINE. PREFERENCE WILL ALSO BE GIVEN TO STUDENTS INTENDING TO PRACTICE PRIMARY CARE IN THE STATE OF COLORADO.

    Expenses $92,513 · Grants $92,513

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Steve Rice

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Jeanne Atkinson

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • Shelly Beard

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Richard Dick Beard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Angie Rice

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Linda Joy Wurtzbacher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Matt Wurtzbacher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349324982

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