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← FW THOMPSON KETTERING UNIV C O I H TR TRUST

Form 990 for tax year 2023

Filed by FW THOMPSON KETTERING UNIV C O I H TR TRUST.

Totals

Total revenue
$42,986
Total expenses
$98,012
Contributions and grants received
$0
Grants paid
$70,420
Program service revenue
$0
Investment income
$42,986
Other revenue
$0
Total assets, end of year
$1,414,579
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,414,579
Program services expenses (Part IX)
$81,575
Management and general expenses
$16,437
Fundraising expenses
$0
Program service expenses (Part III)
$81,574

Program services were 83.2% 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.

  • 3 · Investment income

    total $51,692 · excluded $51,692

  • 7a · Gross sales of assets other than inventory

    securities $253,333

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

    securities $262,039

  • 7c · Gain or loss

    securities -$8,706

  • 7d · Net gain or loss

    total -$8,706 · excluded -$8,706

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $70,420 · program services $70,420

  • 5 · Compensation of officers, directors and key employees

    total $26,587 · program services $11,155 · management and general $15,432

  • 24e · All other expenses

    total $1,005 · management and general $1,005

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $62,916 · end of year $25,305

  • 2 · Savings and temporary cash investments

    beginning of year $28,536 · end of year $24,421

  • 11 · Investments: publicly traded securities

    beginning of year $1,380,363 · end of year $1,364,853

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,471,815 · end of year $1,414,579

Mission and programs · 2023

Mission

TO PROVIDE SUPPORT TO THE KETTERING UNIVERSITY.

  • TO PROVIDE SUPPORT TO THE KETTERING UNIVERSITY.

    Expenses $81,574 · Grants $70,420

As filed on the 2023 return.

Listed in Part VII

  • ROBERT McMAHAN

    TRUSTEE

    Total calculated
    $937,565
    From this org
    $743,819
    From related orgs
    $0
    Other
    $193,746
    Hours/week
    2 + 80 related

    Schedule J breakdown matched by us

    Base
    $582,225
    Bonus
    $100,000
    Other
    $61,594
    Deferred
    $127,450
    Nontaxable benefits
    $66,296
    Filer's total
    $937,565

  • Thomas Ayer

    TRUSTEE

    Total calculated
    $346,968
    From this org
    $302,814
    From related orgs
    $0
    Other
    $44,154
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $266,885
    Bonus
    $30,000
    Other
    $5,929
    Deferred
    $24,667
    Nontaxable benefits
    $19,487
    Filer's total
    $346,968

  • Jpmorgan Chase Bank Na

    TRUSTEE

    Total calculated
    $26,587
    From this org
    $26,587
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1b · Written policy on the line-1a expenses

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
2 October 2024
IRS schema version
2023v5.1
Source object
202433119349302828

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