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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE KEAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)CO MCCABE WONG 4 GATEHALL DR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PARSIPPANY, NJ07054
A Employer identification number

22-3697400
B Telephone number (see instructions)

(973) 605-1040
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,969,395
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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      
4 Dividends and interest from securities... 98,654 98,654  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 119,554
b Gross sales price for all assets on line 6a 537,988
7 Capital gain net income (from Part IV, line 2)... 119,554
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).......      
12 Total. Add lines 1 through 11........ 218,208 218,208  
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)......... 143 72   71
b Accounting fees (attach schedule)....... 5,250 2,625   2,625
c Other professional fees (attach schedule).... 30,223 30,223   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 4,200 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 6,061 6,061   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 45,877 38,981   2,696
25 Contributions, gifts, grants paid....... 324,767 324,767
26 Total expenses and disbursements. Add lines 24 and 25 370,644 38,981   327,463
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -152,436
b Net investment income (if negative, enter -0-) 179,227
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 13,739 3,380 3,380
2 Savings and temporary cash investments......... 1,521,513 350,358 350,358
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)....... 1,006,954 Click to see attachment2,036,032 8,615,657
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 2,542,206 2,389,770 8,969,395
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,487,281 1,487,281
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,054,925 902,489
29 Total net assets or fund balances (see instructions)..... 2,542,206 2,389,770
30 Total liabilities and net assets/fund balances (see instructions). 2,542,206 2,389,770
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,542,206
2
Enter amount from Part I, line 27a .....................
2
-152,436
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,389,770
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,389,770
Form 990-PF (2021)
Form 990-PF (2021)
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 PUBLICLY TRADED SECURITIES (BOA #9947) P    
b PUBLICLY TRADED SECURITIES (BOA #9947) P    
c SECURITIES LITIGATION PROCEEDS P   2021-03-18
d CAPITAL GAINS DIVIDENDS P    
e
(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 326,501   358,524 -32,023
b 211,366   59,910 151,456
c 94     94
d 27     27
e
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       -32,023
b       151,456
c       94
d       27
e
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 2 119,554
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2,491
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 2,491
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,145
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,145
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 2,654
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,654 RefundedBullet 11 0
Part VI-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 the instructions
for the 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
    Yes
     
    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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    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 .Click to see attachment
    8b
     
    No
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    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 ofbulletTHOMAS H KEAN Telephone no.bullet (973) 605-1040

    Located atbulletC/O MHW 4 GATEHALL DRIVEPARSIPPANYNJ ZIP+4bullet07054
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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 instructions ..........
    1b
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    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
    THOMAS H KEAN PRESIDENT/TRUSTEE
    1.00
    0 0 0
    C/O MCCABE WONG 4 GATEHALL DR
    PARSIPPANY,NJ07054
    THOMAS H KEAN JR VP/TRUSTEE
    0.25
    0 0 0
    C/O MCCABE WONG 4 GATEHALL DR
    PARSIPPANY,NJ07054
    REED KEAN VP/TRUSTEE
    0.25
    0 0 0
    C/O MCCABE WONG 4 GATEHALL DR
    PARSIPPANY,NJ07054
    ALEXANDRA KEAN-STRONG SEC'Y/TREAS/TRUSTEE
    0.25
    0 0 0
    C/O MCCABE WONG 4 GATEHALL DR
    PARSIPPANY,NJ07054
    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
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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 VIII-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   0
    2  
    3  
    4  
    Part VIII-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 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    7,281,601
    b
    Average of monthly cash balances.......................
    1b
    914,284
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,195,885
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,195,885
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    122,938
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    8,072,947
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    403,647
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    403,647
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,491
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,491
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    401,156
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    401,156
    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 XII, line 1 ...
    7
    401,156
    Part XI
    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 VIII-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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 401,156
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 11,715
    c From 2018...... 17,152
    d From 2019...... 22,708
    e From 2020......  
    f Total of lines 3a through e ........ 51,575
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 327,463
    a Applied to 2020, but not more than line 2a 0
    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 2021 distributable amount..... 327,463
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 51,575 51,575
    (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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    22,118
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation 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).)
    THOMAS H KEAN
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ACADEMY OF AMERICAN POETS INCORPORATED
    75 MAIDEN LANE ROOM 901
    NEW YORK,NY10038
    N/A 501(C)(3) UNRESTRICTED 5,000
    ACHILLES INTERNATIONAL INC
    42 WEST 38TH STREET STE 400
    NEW YORK,NY10038
    N/A 501(C)(3) UNRESTRICTED 1,000
    AMERICAN ACADEMY OF ARTS & SCIENCES
    136 IRVING STREET
    CAMBRIDGE,MA02138
    N/A 501(C)(3) UNRESTRICTED 1,000
    AMERICAN CHILDHOOD CANCER ORGANIZATION
    PO BOX 498
    KENSINGTON,MD20705
    N/A 501(C)(3) UNRESTRICTED 1,000
    ART PRIDE NJ
    432 HIGH STREET
    BURLINGTON,NJ08016
    N/A 501(C)(3) UNRESTRICTED 1,000
    BIG BROTHER BIG SISTER OF ESSEX
    500 BROAD ST 2ND FL
    NEWARK,NJ07102
    N/A 501(C)(3) UNRESTRICTED 1,000
    BONNIE BRAE
    3415 VALLEY ROAD PO BOX 825
    LIBERTY CORNER,NJ07938
    N/A 501(C)(3) UNRESTRICTED 1,000
    BOYS & GIRLS CLUBS OF DORCHESTER
    1135 DORCHESTER AVENUE
    DORCHESTER,MA02125
    N/A 501(C)(3) UNRESTRICTED 4,000
    CAMFED
    466 GEARY STREET STE 400
    SAN FRANCISCO,CA94102
    N/A 501(C)(3) UNRESTRICTED 1,000
    CAROLYN DORFMAN DANCE
    2780 MORRIS AVE 1-A
    UNION,NJ07083
    N/A 501(C)(3) UNRESTRICTED 500
    CATHOLIC CHURCH OF THE HOLY TRINITY
    315 FIRST STREET
    WESTFIELD,NJ07090
    N/A 501(C)(3) UNRESTRICTED 1,000
    CHATHAM TOWNSHIP VOLUNTEER FIRE DEPT
    495 RIVER ROAD
    CHATHAM,NJ07928
    N/A 501(C)(3) UNRESTRICTED 500
    CHRISTOPHER & DANA REEVE FOUNDATION
    636 MORRIS TURNPIKE STE 3A
    SHORT HILLS,NJ07078
    N/A 501(C)(3) UNRESTRICTED 1,000
    COLLEGE WOMANS CLUB OF WESTFIELD
    PO BOX 2694
    WESTFIELD,NJ07091
    N/A 501(C)(3) UNRESTRICTED 1,000
    COMMITTEE FOR CULTURAL POLICY INC
    3000 MARCUS AVE SUITE 3E6
    NEW HYDE PARK,NJ11042
    N/A 501(C)(3) UNRESTRICTED 250
    COMMUNITY FOOD BANK OF NEW JERSEY INC
    31 EVANS TERMINAL ROAD
    HILLSIDE,NJ07205
    N/A 501(C)(3) UNRESTRICTED 5,000
    COUNCIL ON FOREIGN RELATIONS
    58 E 68TH STREET
    NEW YORK,NY10065
    N/A 501(C)(3) UNRESTRICTED 2,000
    CRADLES TO CRAYONS INC
    155 N BEACON STREET
    BOSTON,MA02135
    N/A 501(C)(3) UNRESTRICTED 1,000
    CROSSROADS FOR KIDS INC
    119 MYRTLE STREET
    DUXBURY,MA02332
    N/A 501(C)(3) UNRESTRICTED 5,000
    CROSSROADS OF THE AMERICAN REVOLUTION ASSOCIATION INC
    101 BARRACK STREET
    TRENTON,NJ08608
    N/A 501(C)(3) UNRESTRICTED 1,000
    DARTMOUTH COLLEGE
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755
    N/A 501(C)(3) UNRESTRICTED 2,500
    DOCTORS WITHOUT BORDERS USA INC
    40 RECTOR STREET 16TH FL
    NEW YORK,NY10006
    N/A 501(C)(3) UNRESTRICTED 2,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE
    NEW YORK,NY10010
    N/A 501(C)(3) UNRESTRICTED 25,000
    FISHERS ISLAND FIRE DEPARTMENT
    PO BOX 123
    FISHERS ISLAND,NY06390
    N/A 501(C)(3) UNRESTRICTED 1,000
    FISHERS ISLAND LIBRARY ASSOCIATION
    PO BOX 366
    FISHERS ISLAND,NY06390
    N/A 501(C)(3) UNRESTRICTED 100
    FLEMINGTON AREA FOOD PANTRY INC
    PO BOX 783
    FLEMINGTON,NJ08822
    N/A 501(C)(3) UNRESTRICTED 2,000
    FORDHAM UNIVERSITY
    45 COLUMBUS AVE FL 8
    NEW YORK,NY10023
    N/A 501(C)(3) UNRESTRICTED 500
    FRIENDS OF DARTMOUTH ROWING
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755
    N/A 501(C)(3) UNRESTRICTED 500
    FRIENDS OF THE CLARENCE DILLON PUBLIC LIBRARY
    2336 LAMINGTON ROAD
    BEDMINSTER,NJ07921
    N/A 501(C)(3) UNRESTRICTED 10,000
    FRIENDS OF THE LIBRARY OF THE CHATHAMS
    214 MAIN STREET
    CHATHAM,NJ07928
    N/A 501(C)(3) UNRESTRICTED 1,000
    GARDNER CARNEY LEADERSHIP INSTITUTE FOUNTAIN VALLEY SCHOOL OF COLORADO
    6155 FOUNTAIN VALLEY SCHOOL ROAD
    COLORADO SPRINGS,CO80911
    N/A 501(C)(3) UNRESTRICTED 2,000
    GARY SINISE FOUNDATION
    PO BOX 50008
    STUDIO CITY,CA91604
    N/A 501(C)(3) UNRESTRICTED 1,000
    GEORGE STREET PLAYHOUSE
    9 LIVINGSTON AVENUE
    NEW BRUNSWICK,NJ08901
    N/A 501(C)(3) UNRESTRICTED 5,000
    GEORGETOWN UNIVERSITY
    37TH O STREET NW
    WASHINGTON,DC20007
    N/A 501(C)(3) UNRESTRICTED 1,000
    GREAT SWAMP WATERSHED ASSOCIATION
    PO BOX 300
    NEW VERNON,NJ07976
    N/A 501(C)(3) UNRESTRICTED 1,000
    GROUP I ACTING COMPANY INC
    630 NINTH AVENUE NO 214
    NEW YORK,NY10036
    N/A 501(C)(3) UNRESTRICTED 10,000
    HANK AARON CHASING THE DREAM FOUNDATION INC
    3466 BUFFINGTON CENTER
    ATLANTA,GA30349
    N/A 501(C)(3) UNRESTRICTED 1,000
    HENRY L FERGUSON MUSEUM
    187 WILLIAMS STREET
    NEW LONDON,CT06320
    N/A 501(C)(3) UNRESTRICTED 200
    IMAGINE A CENTER FOR COPING WITH LOSS
    1 E BROAD ST
    WESTFIELD,NJ07090
    N/A 501(C)(3) UNRESTRICTED 1,000
    ISAIAH HOUSE
    19106 CONSTITUTION HIGHWAY
    ORANGE,VA22960
    N/A 501(C)(3) UNRESTRICTED 2,000
    ISLES INC
    10 WOOD STREET
    TRENTON,NJ08618
    N/A 501(C)(3) UNRESTRICTED 200
    KELLER WILLIAMS REALTY CARES
    1221 S MOPAC EXPRESSWAY STE 400
    AUSTIN,TX78746
    N/A 501(C)(3) UNRESTRICTED 2,000
    LAKE RIDGE ACADEMY
    37501 CENTER RIDGE ROAD
    NORTH RIDGEVILLE,OH44039
    N/A 501(C)(3) UNRESTRICTED 1,000
    LEGAL SERVICES OF NEW JERSEY INC
    100 METROPLEX DRIVE SUITE 402
    EDISON,NJ08817
    N/A 501(C)(3) UNRESTRICTED 2,000
    LIBERTY SCIENCE CENTER
    222 JERSEY CITY BLVD
    JERSEY CITY,NJ07305
    N/A 501(C)(3) UNRESTRICTED 5,000
    LIFE CAMP INC
    PO BOX 1975
    MORRISTOWN,NJ07962
    N/A 501(C)(3) UNRESTRICTED 6,000
    LIFENET4FAMILIES
    1 NW 33RD TERRACE
    LAUDERHILL,FL33311
    N/A 501(C)(3) UNRESTRICTED 1,000
    MAKE-A-WISH FOUNDATION OF AMERICA
    1702 E HIGHLAND AVENUE STE 400
    PHOENIX,AZ85016
    N/A 501(C)(3) UNRESTRICTED 1,000
    MAPLEWOOD FIRE DEPARTMENT
    105 DUNNELL ROAD
    MAPLEWOOD,NJ07040
    N/A 501(C)(3) UNRESTRICTED 1,000
    MORRISTOWN MEMORIAL HEALTH FOUNDATION INC
    PO BOX 1956
    MORRISTOWN,NJ07960
    N/A 501(C)(3) UNRESTRICTED 10,000
    MOUNT ST MARY'S ACADEMY
    1645 US HIGHWAY 22
    WATCHUNG,NJ07069
    N/A 501(C)(3) UNRESTRICTED 500
    MUSIC FOR ALL SEASONS INC
    336 PARK AVE
    SCOTCH PLAINS,NJ07076
    N/A 501(C)(3) UNRESTRICTED 250
    NATIONAL CENTER FOR LEARNING DISABILITIES
    381 PARK AVENUE STE 1401
    NEW YORK,NY10016
    N/A 501(C)(3) UNRESTRICTED 5,000
    NATIONAL COMMITTEE ON US CHINA RELATIONS
    6 E 43RD STREET FL 24
    NEW YORK,NY10017
    N/A 501(C)(3) UNRESTRICTED 10,000
    NATIONAL SEPTEMBER 11 MEMORIAL AND MUSEUM AT THE WORLD TRADE CENTER
    1 WORLD FINANCIAL CENTER FL 16
    NEW YORK,NY10281
    N/A 501(C)(3) UNRESTRICTED 500
    NATIONAL WORLD WAR II MUSEUM INC
    945 MAGAZINE STREET
    NEW ORLEANS,LA70130
    N/A 501(C)(3) UNRESTRICTED 500
    NEW JERSEY ASSOCIATION OF REALTORS - EDUCATION FOUNDATION
    10 HAMILTON AVE
    TRENTON,NJ08611
    N/A 501(C)(3) UNRESTRICTED 1,000
    NEW JERSEY BALLET COMPANY INC
    7-9 VREELAND ROAD
    FLORHAM PARK,NJ07932
    N/A 501(C)(3) UNRESTRICTED 200
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
    N/A 501(C)(3) UNRESTRICTED 20,000
    NEWARK MUSEUM ASSOCIATION
    49 WASHINGTON STREET
    NEWARK,NJ07102
    N/A 501(C)(3) UNRESTRICTED 2,500
    NJ AUDUBON SOCIETY
    9 HARDSCRABBLE ROAD
    BERNARDSVILLE,NJ07924
    N/A 501(C)(3) UNRESTRICTED 5,000
    NJ STATE FMBA FOUNDATION INC
    1447 CAMPBELL STREET
    RAHWAY,NJ07065
    N/A 501(C)(3) UNRESTRICTED 1,000
    NJ STATE PBA SURVIVIOR AND WELFARE FUND
    158 MAIN STREET
    WOODBRIDGE,NJ07095
    N/A 501(C)(3) UNRESTRICTED 1,000
    NJ SYMPHONY ORCHESTRA
    60 PARK PLACE 9TH FLOOR
    NEWARK,NJ07102
    N/A 501(C)(3) UNRESTRICTED 1,000
    NJTV
    825 EIGHTH AVENUE
    NEW YORK,NY10019
    N/A 501(C)(3) UNRESTRICTED 1,000
    P A W S FUR THE CAUSE
    2204 S CATARINA
    MESA,AZ85202
    N/A 501(C)(3) UNRESTRICTED 1,000
    PAPER MILL PLAYHOUSE
    22 BROOKSIDE DRIVE
    MILLBURN,NJ07041
    N/A 501(C)(3) UNRESTRICTED 15,000
    PATRIOTS' PATH COUNCIL INC
    1 SADDLE ROAD
    CEDAR KNOLLS,NJ07927
    N/A 501(C)(3) UNRESTRICTED 1,000
    PHILADELPHIA PSYCHOANALYTIC FOUNDATION
    3810 MOUNT PLEASANT DRIVE
    PHILADELPHIA,PA19121
    N/A 501(C)(3) UNRESTRICTED 500
    PINELANDS PRESERVATION ALLIANCE (PPA)
    17 PEMBERTON ROAD
    SOUTHAMPTON,NJ08088
    N/A 501(C)(3) UNRESTRICTED 1,000
    POLARIS PROJECT
    PO BOX 65323
    WASHINGTON,DC20035
    N/A 501(C)(3) UNRESTRICTED 4,000
    PRINCETON UNIVERSITY
    701 CARNEGIE CTR
    PRINCETON,NJ08540
    N/A 501(C)(3) UNRESTRICTED 1,000
    PROJECT DESTINED INC
    1623 SOUTH STREET NW
    WASHINGTON,DC20009
    N/A 501(C)(3) UNRESTRICTED 1,000
    RAHWAY FOOD FOR FRIENDS INC
    1221 NEW BRUNSWICK AVE
    RAHWAY,NJ07065
    N/A 501(C)(3) UNRESTRICTED 2,000
    RARITAN HEADWATERS ASSOCIATION
    PO BOX 273
    GLADSTONE,NJ07934
    N/A 501(C)(3) UNRESTRICTED 1,000
    RAZIA'S RAY OF HOPE FOUNDATION
    PO BOX 81052
    WELLESLEY,MA02481
    N/A 501(C)(3) UNRESTRICTED 7,000
    RMI
    2490 JUNCTION PLACE SUITE 200
    BOULDER,CO80301
    N/A 501(C)(3) UNRESTRICTED 1,000
    SACRED HEART R C CHURCH
    PO BOX 322
    EMMETSBURG,IA50536
    N/A 501(C)(3) UNRESTRICTED 1,000
    SCAN-HARBOR INC
    345 EAST 102ND STREET
    NEW YORK,NY10029
    N/A 501(C)(3) UNRESTRICTED 2,500
    SOUTH MOUNTAIN YMCA
    201 CUSHION PEAK ROAD
    REINHOLDS,PA07569
    N/A 501(C)(3) UNRESTRICTED 1,000
    SPORTS CLUB PORTUGUES INC
    51-55 PROSPECT STREET
    NEWARK,NJ07105
    N/A 501(C)(3) UNRESTRICTED 1,000
    ST JOHN'S CHURCH
    PO BOX 505
    FISHERS ISLAND,NY06390
    N/A 501(C)(3) UNRESTRICTED 1,000
    ST MARKS SCHOOL
    25 MARLBORO ROAD PO BOX 9105
    SOUTHBOROUGH,MA01772
    N/A 501(C)(3) UNRESTRICTED 3,000
    ST PATRICK'S CHURCH
    41 OLIVER ST
    CHATHAM,NJ07928
    N/A 501(C)(3) UNRESTRICTED 1,000
    STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION
    2361 HYLAN BLVD
    STATEN ISLAND,NY10306
    N/A 501(C)(3) UNRESTRICTED 1,000
    SUCCESS ACADEMY CHARTER SCHOOLS
    95 PINE STREET FL 6
    NEW YORK,NY10005
    N/A 501(C)(3) UNRESTRICTED 1,000
    TEACHERS COLLEGE - COLUMBIA UNIVERSITY
    525 WEST 120TH STREET BOX 235
    NEW YORK,NY10027
    N/A 501(C)(3) UNRESTRICTED 3,000
    THE APPEL FARM ARTS AND MUSIC CENTER
    PO BOX 888 457 SHIRLEY ROAD
    ELMER,NJ08318
    N/A 501(C)(3) UNRESTRICTED 1,000
    THE FORT TICONDEROGA ASSOCIATION
    30 FORT TI ROAD PO BOX 390
    TICONDEROGA,NY12883
    N/A 501(C)(3) UNRESTRICTED 200
    THE JACKIE ROBINSON FOUNDATION INC
    75 VARICK STREET 2ND FLOOR
    NEW YORK,NY10013
    N/A 501(C)(3) UNRESTRICTED 3,000
    THE MELAND FOUNDATION
    PO BOX 234
    HARRINGTON PARK,NJ07640
    N/A 501(C)(3) UNRESTRICTED 500
    THE METROPOLITAN OPERA
    30 LINCOLN CENTER
    NEW YORK,NY10023
    N/A 501(C)(3) UNRESTRICTED 41,667
    THE NATURE CONSERVANCY
    4245 N FAIRFAX DRIVE STE 100
    ARLINGTON,VA22203
    N/A 501(C)(3) UNRESTRICTED 1,000
    THE PINGRY SCHOOL
    131 MARTINVILLE ROAD PO BOX 366
    MARTINVILLE,NJ08836
    N/A 501(C)(3) UNRESTRICTED 500
    THE RAPTOR TRUST
    1390 WHITE BRIDGE ROAD
    MILLINGTON,NJ07946
    N/A 501(C)(3) UNRESTRICTED 5,000
    THE SEEING EYE
    PO BOX 375
    MORRISTOWN,NJ07963
    N/A 501(C)(3) UNRESTRICTED 5,000
    THE TRUST FOR PUBLIC LAND
    101 MONTGOMERY ST STE 900
    SAN FRANCISCO,CA94104
    N/A 501(C)(3) UNRESTRICTED 1,000
    THE WILLOWWOOD FOUNDATION
    PO BOX 218
    GLADSTONE,NJ07934
    N/A 501(C)(3) UNRESTRICTED 200
    TRUSTEES OF NEWARK ACADEMY
    91 S ORANGE AVE
    LIVINGSTON,NJ07039
    N/A 501(C)(3) UNRESTRICTED 1,000
    TUFTS UNIVERSITY
    160 PACKARD AVENUE
    MEDFORD,MA02155
    N/A 501(C)(3) UNRESTRICTED 1,000
    TWO EAST SIXTY SECOND STREET FOUNDATION
    2 E 62ND ST
    NEW YORK,NY10065
    N/A 501(C)(3) UNRESTRICTED 10,000
    USA MIDWEST PROVINCE OF THE SOCIETY OF JESUS INC
    1010 N HOOKER STREET
    CHICAGO,IL60642
    N/A 501(C)(3) UNRESTRICTED 2,000
    VISITING NURSE ASSOCIATION OF SOMERSET HILLS
    200 MT AIRY ROAD
    BASKING RIDGE,NJ07920
    N/A 501(C)(3) UNRESTRICTED 1,000
    VOICES OF SEPTEMBER 11 INC
    161 CHERRY ST
    NEW CANAAN,CT06840
    N/A 501(C)(3) UNRESTRICTED 3,000
    WALSH PARK BENEVOLENT CORPORATION
    PO BOX 684
    FISHERS ISLAND,NY06390
    N/A 501(C)(3) UNRESTRICTED 1,000
    WASHINGTON ASSOCIATION OF NEW JERSEY
    PO BOX 1473
    MORRISTOWN,NJ07962
    N/A 501(C)(3) UNRESTRICTED 1,000
    WELLESLEY CENTER FOR WOMEN
    106 CENTRAL STREET
    WELLESLEY,MA02481
    N/A 501(C)(3) UNRESTRICTED 1,000
    WESTFIELD HISTORICAL SOCIETY
    PO BOX 613
    WESTFIELD,NJ07091
    N/A 501(C)(3) UNRESTRICTED 1,000
    WESTFIELD UNITED FUND
    301 NORTH AVE WEST
    WESTFIELD,NJ07090
    N/A 501(C)(3) UNRESTRICTED 1,000
    YOUNG AMERICA'S FOUNDATION
    11480 COMMERCE PARK DRIVE STE 600
    RESTON,VA20191
    N/A 501(C)(3) UNRESTRICTED 10,000
    Total .................................bullet 3a 324,767
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........
             
    4 Dividends and interest from securities ....          
    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 .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 119,554  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 218,208 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    218,208
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    4 NOT APPLICABLE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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) 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 instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,250 2,625   2,625

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Statement:
    THIS ORGANIZATION IS EXEMPT FROM REGISTRATION REQUIREMENTS UNDER THE NEW JERSEY CRI ACT. PURSUANT TO THE CRI ACT, THE REGISTRATION REQUIREMENTS SHALL NOT APPLY TO ANY CHARITABLE ORGANIZATION OR ORGANIZATIONS ENGAGING IN A CHARITABLE FUND RAISING CAMPAIGN WHICH DO NOT RECEIVE GROSS CONTRIBUTIONS IN EXCESS OF $10,000 DURING A FISCAL YEAR (N.J.S.A. 45:17A-26(C)). THIS ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS IN 2021. THE NEW JERSEY ATTORNEY GENERAL WILL NOT ACCEPT COPIES OF FEDERAL TAX RETURNS FROM PRIVATE FOUNDATIONS THAT ARE NOT REQUIRED TO REGISTER WITH NEW JERSEY.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS HELD AT BANK OF AMERICA 2,036,032 8,615,657

    TY 2021 LegalFeesSchedule
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 143 72   71


    TY 2021 OtherExpensesSchedule
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES/AGENCY FEES 6,061 6,061   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 30,223 30,223   0


    TY 2021 TaxesSchedule
    Name:
    THE KEAN FOUNDATION INC
    EIN:
    22-3697400
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 4,200 0   0