Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
KELLY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)10393 SOUTH HIGHLAND CIRCLE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OLATHE, KS66061
A Employer identification number

27-6825262
B Telephone number (see instructions)

(913) 764-6495
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$31,979,884J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 303,842 303,842  
4 Dividends and interest from securities...... 444,493 444,493  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 326,630
b Gross sales price for all assets on line 6a 8,213,232
7 Capital gain net income (from Part IV, line 2)... 326,630
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -294,984 7,451  
12 Total. Add lines 1 through 11........ 779,981 1,082,416  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,384 2,384   0
b Accounting fees (attach schedule)....... Click to see attachment 12,500 12,500   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 12,533 12,533   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 115,320 115,320   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 142,737 142,737   0
25 Contributions, gifts, grants paid........ 1,653,510 1,653,510
26 Total expenses and disbursements. Add lines 24 and 25 1,796,247 142,737   1,653,510
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,016,266
b Net investment income (if negative, enter -0-) 939,679
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 2,290,796 1,182,448 1,182,448
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 9,211,880 Click to see attachment9,615,006 11,817,263
c Investments—corporate bonds (attach schedule)........ 13,179,534 Click to see attachment13,360,932 13,618,022
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,819,076 Click to see attachment2,217,375 5,362,151
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,501,286 26,375,761 31,979,884
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment38,875 Click to see attachment0
23 Total liabilities (add lines 17 through 22).......... 38,875 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 27,462,411 26,375,761
30 Total net assets or fund balances (see page 17 of the
instructions).................... 27,462,411 26,375,761
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 27,501,286 26,375,761
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 27,462,411
2 Enter amount from Part I, line 27a..................... 2 -1,016,266
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 15,978
4 Add lines 1, 2, and 3.......................... 4 26,462,123
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 86,362
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 26,375,761
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a COUNTRY CLUB TRUST SHORT TERM STOCK SALES P    
b COUNTRY CLUB TRUST LONG TERM STOCK SALES P    
c SPDR GOLD TRUST P 2013-02-27 2013-12-31
d COUNTRY CLUB TRUST LONG TERM STOCK SALES P    
e COUNTRY CLUB TRUST LONG TERM STOCK SALES P    
COUNTRY CLUB TRUST SHORT TERM STOCK CALLS P    
BASIS ADJUSTMENT - ENERGY TRANSFER PARTNERS P    
BASIS ADJUSTMENT - NUSTAR ENERGY P    
SECTION 1231 LOSS P    
CAPITAL GAIN DISTRIBUTIONS P    
PARTNERSHIP PASSTHROUGH LONG TERM CAPITAL GAIN P    
NUSTAR ENERGY P    
ENERGY TRANSFER PARTNERS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 5,204,646   5,180,321 24,325
b 1,016,364   1,018,029 -1,665
c 115   133 -18
d 1,432,239   1,323,053 109,186
e 69,984   78,867 -8,883
48,689     48,689
34,851     34,851
49,867     49,867
    3,483 -3,483
19,322     19,322
81     81
171,519   179,602 -8,083
165,555   103,114 62,441
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       24,325
b       -1,665
c       -18
d       109,186
e       -8,883
      48,689
      34,851
      49,867
      -3,483
      19,322
      81
      -8,083
      62,441
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 326,630
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 1,483,651 30,231,354 0.049077
2011 1,431,461 29,119,000 0.049159
2010 100,000 29,522,996 0.003387
2009      
2008      
2 Total of line 1, column (d) ...................... 2 0.101623
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.033874
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 31,305,727
5 Multiply line 4 by line 3....................... 5 1,060,450
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 9,397
7 Add lines 5 and 6......................... 7 1,069,847
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,653,510
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 9,397
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 9,397
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,397
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 7,442
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,442
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,045
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet13,045 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKS
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBONNIE C KELLY CO-TRUSTEE Telephone no.bullet (913) 764-6495
    Located atbullet10393 S HIGHLAND CIRCLEOLATHEKS ZIP+4bullet66061
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    RYANE DELKA TRUSTEE
    1.00     		0 0 0
    12191 SOUTH SUNRAY DRIVE
    OLATHE,KS66061
    BONNIE C KELLY TRUSTEE
    1.00     		0 0 0
    10393 SOUTH HIGHLAND CIRCLE
    OLATHE,KS66061
    GERALD A KELLY JR TRUSTEE
    1.00     		0 0 0
    10393 SOUTH HIGHLAND CIRCLE
    OLATHE,KS66061
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,565,286
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    9,397
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,397
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,555,889
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,555,889
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,555,889
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 1,555,889
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 363,743
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,653,510
    a Applied to 2012, but not more than line 2a 363,743
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 1,289,767
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		266,122
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    BONNIE C KELLY
    GERALD A KELLY JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BONNIE KELLY
    10393 S HIGHLAND CIRCLE
    OLATHE,KS66061
    (913) 764-6495
    bThe form in which applications should be submitted and information and materials they should include:
    UNSPECIFIED
    cAny submission deadlines:
    NOT APPLICABLE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL SUBMISSIONS SHOULD RELATE TO THE FOUNDATION'S MISSION STATEMENT AND BE USED TO IMPROVE THE QUALITY OF LIFE IN CHILDREN, WOMEN AND ANIMALS WITHIN THE UNITED STATES BY SUPPORTING PROGRAMS THAT FOCUS ON EDUCATION, MENTAL AND PHYSICAL WELLNESS AND CALIBER OF LIFE.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENEUE
    DALLAS,TX75231     		N/A EXEMPT DONATION TO BUILD HEALTHIER LIVES, FREE OF CARDIOVASCULAR DISEASES AND STROKE 300
    AMERICASHARE
    15 WEST 26TH STREET
    NEW YORK,NY10010     		N/A EXEMPT TO ASSIST WOMEN AND CHILDREN AFFECTED BY THE AIDS EPIDEMIC IN KENYA 3,060
    ARTS COUNCIL OF JOHNSON COUNTY
    15301 WEST 87TH STREET PARKWAY
    LENEXA,KS66219     		N/A EXEMPT DONATION TO ENRICH THE COMMUNITY THROUGH THE ARTS 1,000
    BACK IN THE SWING
    6709 WEST 119TH STREET NO 444
    OVERLAND PARK,KS66209     		N/A EXEMPT DONATION TO HELP IMPORVE AND PROTECT THE HEALTH AFTER BREAST CANCER THROUGH EDUCATION AND AWARENESS 5,000
    BENEDICTINE COLLEGE
    1020 NORTH 2ND STREET
    ATCHISON,KS66002     		N/A EXEMPT DONATION TO A COLLEGE TO SUPPORT EDUCATION 25,000
    CATHOLIC CHARITIES OF NE KANSAS
    9720 WEST 87TH STREET
    OVERLAND PARK,KS66212     		N/A EXEMPT DONATION TO HELP THE CATHOLIC CHURCH PROVIDE CHARITY TO THE UNDERPRIVELAGED 25,000
    CATHOLIC EDUCATION FOUNDATION
    12615 PARALLEL PARKWAY
    KANSAS CITY,KS66109     		N/A EXEMPT DONATION TO HELP PROVIDE CATHOLIC EDUCATION FOR UNDER-PRIVELAGED CHILDREN 125,000
    CENTER FOR ACTION AND CONTEMPLATION
    1705 FIVE POINTS RD SW
    ALBUQUERQUE,NM87195     		N/A EXEMPT DONATION TO A CENTER FOR EXPERIENTIAL EDUCATION, ROOTED IN THE GOSPELS, ENCOURAGING THE TRANSFORMATION OF HUMAN CONSCIOUSNESS THROUGH COMTEMPLATION 2,000
    CHARLESTON AREA THERAPEUTIC RIDING
    2669 HAMILTON ROAD
    JOHNS ISLAND,SC29455     		N/A EXEMPT DONATION TO IMPROVE THE LIVES OF CHILDREN AND ADULTS WITH DISABILITIES AT THE AREA'S OLDEST NATIONALLY ACCREDITED THERAPEUTIC HORSEBACK RIDING CENTER 10,000
    CHILDREN'S INTERNATIONAL
    2000 EAST RED BRIDGE ROAD PO BOX
    219055
    KANSAS CITY,MO64121     		N/A EXEMPT DONATION TO BRING REAL AND LASTING CHANGE TO CHILDREN LIVING IN POVERTY 25,000
    CHILDREN'S MERCY HOSPITAL
    2401 GILLHAM ROAD
    KANSAS CITY,MO64108     		N/A EXEMPT DONATION TO HELP CHILDREN WITH LIFE THREATENING ILLNESSES AND THEIR FAMILIES 110,000
    CITY UNION MISSION
    1100 E 11TH STREET
    KANSAS CITY,MO64106     		N/A EXEMPT DONATION TO HELP PROVIDE CLOTHING AND OTHER ITEMS FOR THE POOR AND HOMELESS 1,000
    CRISTO REY
    211 WEST LINWOOD BOULEVARD
    KANSAS CITY,MO64111     		N/A EXEMPT DONATION TO A SISTERS OF CHARITY HIGH SCHOOL PROVIDING COLLEGE PREP EDUCATION AND SCHOLARSHIPS 375,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD 2ND FLOOR
    BETHESDA,MD20814     		N/A EXEMPT DONATION TO HELP SUPPORT THOSE WITH CYSTIC FIBROSIS 5,000
    DANIELS COLLEGE OF BUSINESS
    2101 S UNIVERSITY BOULEVARD
    DENVER,CO80210     		N/A EXEMPT DONATION TO EDUCATE ETHICAL BUSINESS LEADERS, ADVANCING THE THEORY AND PRACTICE OF BUSINESS AND MKAING A POSITIVE GLOBAL IMPACT. 10,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE
    NEW YORK,NY10001     		N/A EXEMPT DONATION TO DELIVER INDEPENDENT MEDICAL CARE TO VICTIMS OF ARMED CONFLICT, BRING RELIEF IN THE AFTERMATH OF NATURAL OR MAN-MADE DISASTERS, AND FIGHT DEADLY EPIDEMICS IN MORE THAN 70 COUNTRIES AROUND THE WORLD 200
    GILLIS CENTER
    8150 WORNALL ROAD
    KANSAS CITY,MO64114     		N/A EXEMPT DONATION TO HELP AT-RISK CHILDREN AND FAMILIES REACH THEIR POTENTIONAL THROUGH EDUCATION, COUNSELING, AND SOCIAL SERVICES 2,500
    HOMELESS SERVICES COALITION
    3200 WAYNE SUITE 202
    KANSAS CITY,MO64109     		N/A EXEMPT DONATION TO HELP ERADICATE HOMELESSNESS IN OUR COMMUNITY 500
    JDRF - KANSAS CITY
    26 BROADWAY
    NEW YORK,NY10004     		N/A EXEMPT DONATION TO HELP UNIFY GLOBAL EFFORTS TO CURE, TREAT, AND PREVENT TYPE 1 DIABETES THROUGH A TRANSFORMATIVE VISION, BREAKTHROUGH INNOVATION, AND EFFECTIVE OPERATIONS. 69,650
    JOSEPHINUM ACADEMY
    1501 NORTH OAK BOULEVARD
    CHICAGO,IL60622     		N/A EXEMPT DONATION TO EMPOWER YOUNG WOMEN TO BECOME CONFIDENT, FAITH-FILLED LEADERS 5,000
    KC RESCUE MISSION
    1520 CHERRY STREET
    KANSAS CITY,MO64108     		N/A EXEMPT DONATION TO A COMMUNITY OFFERING FREEDOM AND HOPE TO THE POOR AND HOMELESS, EMPOWERING THEM TO REACH THEIR FULL POTENTIAL. 500
    KANSAS CITY HOSPICE
    9221 WARD PARKWAY SUITE 100
    KANSAS CITY,MO64114     		N/A EXEMPT DONATION TO ASSIST THE HOSPICE PROVIDE CARE TO THE ELDERLY 10,000
    KIDS TLC
    480 SOUTH ROGERS ROAD
    OLATHE,KS66062     		N/A EXEMPT DONATION TO HELP KIDS AND FAMILIES DURING THE DARKEST TIMES OF THEIR LIVES THROUGH COMMITMENT AND EXPERTISE 225,000
    KU ENDOWMENT
    PO BOX 928
    LAWRENCE,KS66044     		N/A EXEMPT DONATION TO EDUCATE FUTURE LEADERS, ADVANCE MEDICINE, ACCELERATE DISCOVERY AND DRIVE ECONOMIC GROWTH TO SEIZE THE OPPORTUNITIES OF THE FUTURE 1,000
    KVC HEALTH SYSTEMS
    21350 W 153RD STREET
    OLATHE,KS66061     		N/A EXEMPT DONATION TO ASSIST CHILDREN AND FAMILIES WITH MENTAL HEALTH CARE, MEDICAL, SOCIAL SERVICES AND EDUCATION 50,000
    MARCH OF DIMES
    4400 COLLEGE BOULEVARD 180
    OVERLAND PARK,KS66211     		N/A EXEMPT DONATION TO ASSIST CHILDREN BORN PREMATURELY OR WITH BIRTH DEFECTS AND THEIR FAMILIES 200
    MAYOR'S CHRISTMAS TREE FUND
    PO BOX 768
    OLATHE,KS66051     		N/A EXEMPT DONATION TO HELP PROVIDE CHRISTMAS TREES TO THOSE WHO CANNOT AFFORD THEM 1,000
    NORTHHAMPTON SURVIVAL CENTER
    675 N ST CLAIR 21ST FLOOR
    CHICAGO,IL60611     		N/A EXEMPT DONATION TO HELP BATTLE CANCER THROUGH SCIENTIFIC DISCOVERY, ADVANCING MEDICAL KNOWLEDGE, PROVIDING COMPASSIONATE STATE-OF-THE-ART CANCER CARE, AND TRAINING THE NEXT GENERATION OF CLINICIANS AND SCIENTISTS 25,000
    PAWS WITH A CAUSE
    4646 S DIVISION
    WAYLAND,MI49348     		N/A EXEMPT DONATION TO HELP ENHANCE INDEPENDENCE AND QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES NATIONALLY THROUGH CUSTOM-TRAINED ASSISTANCE DOGS 500
    ROCKHURST HIGH SCHOOL
    9301 STATE LINE ROAD
    KANSAS CITY,MO64114     		N/A EXEMPT DONATION TO HELP PROVIDE EDUCATION TO YOUNG BOYS BASED ON JESUIT IDEALS AND CATHOLIC EDUCATIONAL TRADITION. 5,000
    ROSEBROOKS
    PO BOX 320599
    KANSAS CITY,MO64132     		N/A EXEMPT DONATION TO HELP PROVIDE EMERGENCY SHELTER FOR WOMEN AND CHILDREN ESCAPING LIFE-THREATENING ABUSE 100,000
    SAFEHOME
    PO BOX 4563
    OVERLAND PARK,KS66204     		N/A EXEMPT DONATION TO BREAK THE CYCLE OF DOMESTIC VIOLENCE AND PARTNER ABUSE FOR VICTIMS AND THEIR CHILDREN BY PROVIDING SHELTER, ADVOCACY, COUNSELING, AND PREVENTION EDUCATION IN OUR COMMUNITY 1,000
    SALVATION ARMY
    1110 EAST TRUMAN ROAD
    KANSAS CITY,MO64108     		N/A EXEMPT DONATION TO SUPPORT THE MISSIONS OF THE SALVATION ARMY 5,000
    SCHOOL OF FAITH
    PO BOX 25467
    SHAWNEE MISSION,KS66225     		N/A EXEMPT DONATION TO PROVIDE ONGOING ADULT CATECHESIS AT SCHOOLS AND PARISHES THROUGHOUT THE ARCHDIOCESE OF KANSAS CITY 25,000
    SMILES CHANGE LIVES
    2405 GRAND STE 300
    KANSAS CITY,MO64108     		N/A EXEMPT PROVIDE ORTHODONTIC TREATMENT FOR CHILDREN OF LOW-INCOME HOUSEHOLDS 25,000
    SOJOURNERS
    3333 14TH STREET NW SUITE 200
    WASHINGTON,DC20010     		N/A EXEMPT DONATION TO ARTICULATE THE BIBLICAL CALL TO SOCIAL JUSTICE, INSPIRING HOPE AND BUILDING A MOVEMENT TO TRANSFORM INDIVIDUALS, COMMUNITIES, THE CHURCH AND THE WORLD 1,000
    SPECIAL OLYMPICS KANSAS
    5280 FOXRIDGE DRIVE
    MISSION,KS66202     		N/A EXEMPT DONATION TO EMPOWER PEOPLE WITH INTELLECTUAL DISABILITIES THROUGH SPORT AND SPORTS TRAINING 300
    ST JUDE'S CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		N/A EXEMPT DONATION TO FIND CURES FOR CHILDREN WITH CANCER AND OTHER LIFE-THREATENING DISEASES THROUGH RESEARCH AND TREATMENT. 1,000
    THE CHILDREN'S SPOT
    4225 BALTIMORE AVENUE
    KANSAS CITY,MO64111     		N/A EXEMPT DONATION TO HELP PROVIDE SPEECH, PHYSICAL, AND OCCUPATIONAL THERAPY TO CHILDREN WITH DEVELOPMENT DELAYS AND DISABILITIES, REGARDLESS OF THEIR FAMILIES' ABILITY TO PAY 500
    THE LEUKEMIA & LYMPHOMA SOCIETY
    PO BOX 4072
    PITTSFIELD,MA01202     		N/A EXEMPT DONATION TO HELP CURE LEUKEMIA, LYMPHOMA, HODGKIN'S DISEASE AND MYELOMA, AND IMPROVE THE QUALITY OF LIFE OF PATIENTS AND THEIR FAMILIES 800
    THE LOVE FUND
    3030 SUMMIT STREET
    KANSAS CITY,MO64108     		N/A EXEMPT DONATION TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN 25,000
    UNIVERISTY OF KANSAS CANCER CENTER
    3901 RAINBOW BOULEVARD
    KANSAS CITY,KS66160     		N/A EXEMPT DONATION TO ASSIST IN THE CARE OF AND RESEARCH FOR CANCER PATIENTS 200,000
    UNIVERSITY ACADEMY
    6801 HOLMES ROAD
    KANSAS CITY,MO64131     		N/A EXEMPT DONATION TO HELP CHILDREN PREPARE FOR A SECONDARY EDUCATION AND BECOME LEADERS 10,000
    UNIVERSITY OF DENVER
    2199 S UNIVERSITY BLVD
    DENVER,CO80208     		N/A EXEMPT DONATION TO HELP RUN THE LARGEST PRIVATE UNITERSITY IN THE ROCKY MOUNTAIN REGION 15,000
    WAYSIDE WAIFS
    3901 MARTHA TRUMAN ROAD
    KANSAS CITY,MO64137     		N/A EXEMPT PROVIDE SUPPORT FOR HOMELESS PETS 125,500
    Total .................................bullet 3a 1,653,510
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 303,842  
    4 Dividends and interest from securities....     14 444,493  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     14 7,451  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 326,630  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aUNRELATED BUSINESS LOSSES FROM PARTNERSHIPS 525990 -302,435      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -302,435 1,082,416 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13779,981
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MARKSNELSON VOHLAND CAMPBELL RADETIC LLC 12,500 12,500   0

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Name of Bond End of Year Book Value End of Year Fair Market Value
    COUNTRY CLUB TRUST CO - FIXED INCOME INVESTMENTS 13,360,932 13,618,022

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COUNTRY CLUB TRUST CO - EQUITY INVESTMENTS 9,615,006 11,817,263

    TY 2013 InvestmentsOtherSchedule2
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN PUBLICLY TRADED SECURITIES AT COST 2,217,375 5,362,151

    TY 2013 LegalFeesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LATHROP & GAGE 2,384 2,384   0


    TY 2013 OtherDecreasesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Description Amount
    HOT ASSET CALCULATION - BASIS ADJUSTMENT 84,718
    NON-DEDUCTIBLE ITEMS FROM PARTNERSHIP FLOWTHROUGHS 1,644


    TY 2013 OtherExpensesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT EXPENSES 113,761 113,761   0
    ADDITIONAL CHARITABLE CONTRIBUTIONS FROM PARTNERSHIPS 292 292   0
    OTHER DEDUCTIONS FROM PARTNERSHIPS 453 453   0
    INVESTMENT EXPENSE - COUNTRY CLUB TRUST 777 777   0
    ADDITIONAL BANK FEES 37 37   0


    TY 2013 OtherIncomeSchedule2
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME/LOSS FROM PARTNERSHIP IN EXCESS OF UBTI 2,537 2,537 2,537
    OTHER INCOME -174 -174 -174
    PPL CORP UNIT - THRU COUNTRY CLUB TRUST CO. 5,088 5,088 5,088
    UNRELATED BUSINESS LOSSES FROM PARTNERSHIPS -302,435   -302,435


    TY 2013 OtherIncreasesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Description Amount
    NON-DIVIDEND DISTRIBUTIONS 15,978


    TY 2013 OtherLiabilitiesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Description Beginning of Year - Book Value End of Year - Book Value
    CALL ADVANCES 38,875 0


    TY 2013 TaxesSchedule
    Name:
    KELLY FAMILY FOUNDATION
    EIN: 27-6825262
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 12,533 12,533   0