Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
KARIN BAIN AND JOHN KUKRAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)8 ROCKY POINT RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OLD GREENWICH, CT06870
A Employer identification number

81-4631874
B Telephone number (see instructions)

(203) 637-4231
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$97,594,216J 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) 2,688,619
2 Check right arrow.............
3 Interest on savings and temporary cash investments 40,657 40,657  
4 Dividends and interest from securities... 654,297 654,297  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -204,625
b Gross sales price for all assets on line 6a 22,684,986
7 Capital gain net income (from Part IV, line 2)... 0
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
List of Attached Documents:
// Content
-320,485 -205,773  
12 Total. Add lines 1 through 11........ 2,858,463 489,181  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 50,067 10,950   39,117
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,550 0   32,550
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
80,993 80,993   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
74,163 10,063   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,121 0   2,121
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,492 1,180   1,312
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 242,386 103,186   75,100
25 Contributions, gifts, grants paid....... 3,762,400 3,762,400
26 Total expenses and disbursements. Add lines 24 and 25 4,004,786 103,186   3,837,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,146,323
b Net investment income (if negative, enter -0-) 385,995
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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 Savings and temporary cash investments......... 13,593,406 1,955,197 1,955,197
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 20,356,374 Click to see attachment
List of Attached Documents:
// Content
20,008,021 		20,178,280
b Investments—corporate stock (attach schedule)....... 16,529,492 Click to see attachment
List of Attached Documents:
// Content
15,025,458 		21,854,179
c Investments—corporate bonds (attach schedule)....... 2,067,460 Click to see attachment
List of Attached Documents:
// Content
8,691,740 		8,776,570
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 36,857,658 Click to see attachment
List of Attached Documents:
// Content
40,820,236 		44,829,990
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
408,830 		Click to see attachment
List of Attached Documents:
// Content
477,955 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 89,813,220 86,978,607 97,594,216
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
1,780 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 1,780 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 89,811,440 86,978,607
29 Total net assets or fund balances (see instructions)..... 89,811,440 86,978,607
30 Total liabilities and net assets/fund balances (see instructions). 89,813,220 86,978,607
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
89,811,440
2
Enter amount from Part I, line 27a .....................
2
-1,146,323
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
88,665,117
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,686,510
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
86,978,607
Form 990-PF (2023)
Form 990-PF (2023)
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 NREP TE LP P    
b PUBLICLY TRADED SECURITIES P    
c CAPITAL GAINS DIVIDENDS P    
d
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     1,124,255 -1,124,255
b 22,648,975   21,765,356 883,619
c 36,011     36,011
d
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       -1,124,255
b       883,619
c       36,011
d
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 -204,625
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
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 right arrow 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) 1 5,365
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 5,365
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 5,365
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 27,098
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 27,098
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 21,733
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow21,733 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowDE, NC, SC
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowN/A
14
The books are in care ofright arrowJENNY BUTTRICK Telephone no.right arrow (303) 293-7163

Located atright arrow1819 WAZEE STREETDENVERCO ZIP+4right arrow80202
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
JOHN Z KUKRAL DIRECTOR; PRESIDENT
2.00 		0 0 0
8 ROCKY POINT ROAD
OLD GREENWICH,CT06870
KARIN BAIN KUKRAL DIRECTOR; SECRETARY & TREASURER
8.00 		0 0 0
8 ROCKY POINT ROAD
OLD GREENWICH,CT06870
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
JENNY BUTTRICK CONTROLLER
10.00 		50,067 0 0
1819 WAZEE ST
DENVER,CO80202
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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.............right arrow0
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  
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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
48,183,489
b
Average of monthly cash balances.......................
1b
5,037,420
c
Fair market value of all other assets (see instructions)................
1c
44,829,990
d
Total (add lines 1a, b, and c).........................
1d
98,050,899
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
98,050,899
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,470,763
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
96,580,136
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,829,007
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
4,829,007
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,365
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,365
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,823,642
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,823,642
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
4,823,642
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
3,837,500
b
Program-related investments—total from Part VIII-B..................
1b
0
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
3,837,500
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 4,823,642
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 3,805,828
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,837,500
a Applied to 2022, but not more than line 2a 3,805,828
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 31,672
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		4,791,970
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
JOHN Z KUKRAL
KARIN BAIN KUKRAL
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 right arrow
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 (2023)
Form 990-PF (2023)
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

5280FIRE INC

11856 W 32ND PLACE
WHEAT RIDGE,CO80033 		N/A PC WALDEN FIREHOUSE PROJECT 50,000

AMERICAN ENTERPRISE INSTITUTE

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		N/A PC PROGRAM SUPPORT 750,000

AMERICAN RIVER CONSERVANCY

PO BOX 562
COLOMA,CA956130562 		N/A PC WATER CONSERVATION 10,000

ASSUMPTION OF THE VIRGIN MARY GREEK ORTHODOX CHURCH

PO BOX 655
GALVESTON,TX77550 		N/A PC PROGRAM SUPPORT 2,500

ATLANTIS COMMUNITY FOUNDATION

201 S CHEROKEE ST UNIT 140
DENVER,CO80223 		N/A PC ATLANTIS I AND II 25,000

BOULDER BRIDGE HOUSE

4740 TABLE MESA DRIVE
BOULDER,CO80305 		N/A PC READY TO WORK PROGRAM 5,000

BRIDGEPORT RESCUE MISSION

PO BOX 9057
BRIDGEPORT,CT066019057 		N/A PC THANKSGIVING MEALS 1,000

CHARITY WATER

PO BOX 5026
HAGERSTOWN,MD21741 		N/A PC TANZANIA WATER PROJECT 10,000

CHILDREN OF FALLEN PATRIOTS FOUNDATION

1818 LIBRARY STREET SUITE 500
RESTON,VA20190 		N/A PC SCHOLARSHIP PROGRAM 25,000

CIA OFFICERS MEMORIAL FOUNDATION

PO BOX 405
HERNDON,VA20172 		N/A PC PROGRAM SUPPORT 50,000

CORNELL UNIVERSITY

PO BOX 37334
BOONE,IA500370334 		N/A PC $50,000 TO DISCRETIONARY FUND FOR THE OVPIA AFGHANISTAN INITIATIVE; $300,000 TO KARIN BAIN KUKRAL '82 HEAD COACH OF WOMEN'S LACROSSE FUND; $25,000 WOMEN'S FIELD HOCKEY; $500,000 TO THE INDOOR SPORTS AND RECREATION FACILITY 875,000

DANA-FARBER CANCER INSTITUTE INC

450 BROOKLINE AVENUE
BOSTON,MA02215 		N/A PC PAN-MASS CHALLENGE ON BEHALF OF THE JIMMY FUND 10,000

DAWG NATION HOCKEY FOUNDATION

PO BOX 182
INDIAN HILLS,CO80454 		N/A PC PROGRAM SUPPORT 10,000

DENVER ART MUSEUM

PO BOX 17765
DENVER,CO80217 		N/A PC ANNUAL FUND LEADERSHIP CAMPAIGN 20,000

DENVER CHILDREN'S HOME

1501 ALBION ST
DENVER,CO80220 		N/A PC PROGRAM SUPPORT 5,000

DEVELOPMENT IN GARDENING

1270 CAROLINE STREET
ATLANTA,GA303072758 		N/A PC PROGRAM SUPPORT 10,000

DOE FUND INC

232 EAST 84TH STREET
NEW YORK,NY10028 		N/A PC READY, WILLING & ABLE PROGRAM 100,000

EAA AVIATION FOUNDATION INC

3000 POBEREZNY RD
OSHKOSH,WI549028939 		N/A PC YOUNG EAGLES 10,000

FAMILY CENTERS INC

40 ARCH STREET
GREENWICH,CT06830 		N/A PC PROGRAM SUPPORT 10,000

FARESTART (CATALYST KITCHENS)

700 VIRGINIA ST
SEATTLE,WA98101 		N/A PC PROGRAM SUPPORT 25,000

FOR LOVE OF WATER

440 WEST FRONT ST SUITE 100
TRAVERSE CITY,MI496842265 		N/A PC PROGRAM SUPPORT 10,000

FUTURE 5 INC

135 ATLANTIC STREET
STAMFORD,CT06901 		N/A PC PROGRAM SUPPORT 10,000

GREENWICH DEPARTMENT OF HUMAN SERVICES FUND INC

101 FIELD POINT RD 3RD FLOOR
GREENWICH,CT06830 		N/A PC GREENWICH YOUTH CONSERVATION PROGRAM 900

GUIDES TRUST FOUNDATION INC

PO BOX 88
ISLAMORADA,FL33036 		N/A PC PROGRAM SUPPORT 10,000

H2O FOR LIFE

4756 BANNING AVE SUITE 207
WHITE BEAR LK,MN551103206 		N/A PC PROGRAM SUPPORT 10,000

HIAS INC

PO BOX 97077
WASHINGTON,DC200907077 		N/A PC PROGRAM SUPPORT 10,000

MARCH TO THE TOP - AFRICA

20300 VENTURA BLVD SUITE 160
WOODLAND HILLS,CA91364 		N/A PC 2029 EVEREST CHALLENGE 25,000

MARJORY STONEMAN DOUGLAS HIGH SCHOOL

5901 PINE ISLAND ROAD
PARKLAND,FL33076 		N/A PC WRESTLING PROGRAM 500

MEMORIAL SLOAN KETTERING CANCER CENTER

1275 YORK AVENUE
NEW YORK,NY10065 		N/A PC TEAM JULIAN CYCLE FOR SURVIVAL 10,000

METROPOLITAN MUSEUM OF ART

1000 FIFTH AVENUE
NEW YORK,NY10028 		N/A PC $10,000 GENERAL OPERATING FUND, $10,000 REAL ESTATE COUNCIL BENEFIT 20,000

NATIONAL JEWISH HEALTH

1400 JACKSON STREET
DENVER,CO80206 		N/A PC $25,000 WINTER'S EVENING GALA 25,000

NATURE FOR JUSTICE

2235 MERIDIAN ST
FALLS CHURCH,VA220461828 		N/A PC PROGRAM SUPPORT 10,000

NAVY LEAGUE OF THE UNITED STATES WESTERN CONNECTICUT COUNCIL

15 FOREST HILL RD
NORWALK,CT06850 		N/A PC PROGRAM SUPPORT 10,000

NEIGHBOR TO NEIGHBOR INC

248 EAST PUTNAM AVENUE
GREENWICH,CT068304882 		N/A PC CHILDREN'S COAT DRIVE 10,000

NEW YORK SUN WORKS INC

157 COLUMBUS AVENUE SUITE 432
NEW YORK,NY10023 		N/A PC PROGRAM SUPPORT 25,000

NEW YORK-PRESBYTERIAN FUND INC

525 EAST 68TH STREET
NEW YORK,NY10065 		N/A PC THE RESEARCH AND WORK OF DR. JIM HU 100,000

NORTHWESTERN UNIVERSITY

1201 DAVIS STREET
EVANSTON,IL60208 		N/A PC MCCORMICK ARCHITECTURAL ENGINEERING & DESIGN: $50,000PHI GAMMA DELTA 2331 SHERIDAN BUILDING FUND: $10,000STEVEN L. GLICK FUND: $10,000CLUB MEN'S LACROSSE: $2,500FORMULA RACING (FSAE) PROGRAM: $2,500 75,000

PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC

345 WHITNEY AVE
NEW HAVEN,CT06511 		N/A PC PROGRAM SUPPORT 25,000

ROCKY MOUNTAIN PLANNED PARENTHOOD INC

7155 E 38TH AVE
DENVER,CO802071630 		N/A PC PROGRAM SUPPORT 10,000

ROGERS MEMORIAL HOSPITAL FOUNDATION INC

34700 VALLEY ROAD
OCONOMOWOC,WI53066 		N/A PC DENVER CLINIC DEVELOPMENT 100,000

SAVE THE SOUND

127 CHURCH STREET 2ND FLOOR SUITE
2202
NEW HAVEN,CT06510 		N/A PC HEALTHY WATER INITIATIVE 10,000

SPARKYOUTH NYC INC

444 MADISON AVENUE 6TH FLOOR
NEW YORK,NY10022 		N/A PC PROGRAM SUPPORT 25,000

SPLASH INTERNATIONAL

7511 GREENWOOD AVENUE NORTH UNIT
4203
SEATTLE,WA98103 		N/A PC PROGRAM SUPPORT 10,000

ST IGNATIUS SCHOOL (NEW YORK NATIVITY)

740 MANIDA ST
BRONX,NY10474 		N/A PC PROGRAM SUPPORT 10,000

ST FRANCIS CENTER

2323 CURTIS STREET
DENVER,CO80205 		N/A PC PROGRAM SUPPORT 10,000

SWIPE OUT HUNGER

800 WILSHIRE BLVD SUITE 200
LOS ANGELES,CA900172604 		N/A PC PROGRAM SUPPORT 10,000

THE 5 GYRES INSTITUTE

PO BOX 5699
SANTA MONICA,CA904095699 		N/A PC PROGRAM SUPPORT 10,000

THE AVERY COONLEY SCHOOL

1400 MAPLE AVENUE
DOWNERS GROVE,IL60515 		N/A PC $50,000 TO THE DAY OF GIVING, $200,000 TO THE OPERATING ENDOWMENT FUND 250,000

THE BOB WOODRUFF FAMILY FOUNDATION

1350 BROADWAY SUITE 905
NEW YORK,NY10018 		N/A PC PROGRAM SUPPORT 75,000

THE LEMON TREE TRUST

3963 MAPLE AVE SUITE 390
DALLAS,TX75219 		N/A PC PROGRAM SUPPORT 10,000

THE ULI FOUNDATION

PO BOX 418374
BOSTON,MA022418374 		N/A PC PROGRAM SUPPORT 40,000

TROUT UNLIMITED INC

1777 NORTH KENT STREET NO 100
ARLINGTON,VA22209 		N/A PC PROGRAM SUPPORT 25,000

TRUENU

2250 SOUTHWARD BLVD
BARTLETT,IL60103 		N/A PC PROGRAM SUPPORT 50,000

TRUSTEES OF PHILLIPS ACADEMY

PO BOX 55557
BOSTON,MA022058166 		N/A PC BICENTENNIAL SCHOLARSHIP 150,000

TRUSTEES OF UNIVERSITY OF PA (BASSER CENTER)

3819 CHESTNUT STREET SUITE 110
PHILADELPHIA,PA19104 		N/A PC BASSER CENTER FOR BRCA 25,000

UNIT SCHOLARSHIP FUND INC

340 VALLEY ROAD UNIT 1
COS COB,CT06807 		N/A PC SCHOLARSHIP PROGRAM 10,000

UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION

1600 HAMPTON ST SUITE 736
COLUMBIA,SC29208 		N/A PC DON BROWNE SCHOLARSHIP 2,500

UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER

PO BOX 910888
DALLAS,TX753910888 		N/A GOV B-SEARCH FUND FOR DR. HEATHER MCARTHUR 10,000

URBAN PEAK DENVER

2100 STOUT STREET
DENVER,CO80205 		N/A PC $350,000 TO GO BOND OPERATING CAMPAIGN, $10,000 TO ANNUAL FUNDRAISER FOR GENERAL OPERATIONS 360,000

WATERORG

117 WEST 20TH STREET SUITE 203
KANSAS CITY,MO64108 		N/A PC PROGRAM SUPPORT 10,000

WATERAID AMERICA

233 BROADWAY SUITE 2705
NEW YORK,NY10279 		N/A PC WASH EFFORTS 10,000

WORLD CENTRAL KITCHEN INC

200 MASS AVE NW 7TH FLOOR
WASHINGTON,DC20001 		N/A PC $25,000 UKRAINE CRISIS RESPONSE; $25,000 UNRESTRICTED 50,000

YALE UNIVERSITY DEVELOPMENT

157 CHURCH STREET
NEW HAVEN,CT065102100 		N/A PC MIF DDT PROGRAM 50,000

YEAR UP INC

PO BOX 412812
BOSTON,MA022412812 		N/A PC PROGRAM SUPPORT 50,000
Total .................................right arrow 3a 3,762,400
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ........... 		    14 40,657  
4 Dividends and interest from securities ....     14 654,297  
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 -204,625  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPASS-THROUGH INCOME/LOSS - BOOK 		525990 -114,698 14 -205,787  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -114,698 284,542 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
169,844
(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.)
Form 990-PF (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
KARIN BAIN AND JOHN KUKRAL FOUNDATION
 
Employer identification number

81-4631874
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
KARIN BAIN AND JOHN KUKRAL FOUNDATION
  		Employer identification number
81-4631874
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JOHN Z KUKRAL
8 ROCKY POINT ROAD
 
OLD GREENWICH, CT06870

$ 2,688,619


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
KARIN BAIN AND JOHN KUKRAL FOUNDATION
  		Employer identification number

81-4631874
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 5,585 SHARES OF NVIDIA CORPORATION COMMON STOCK $ 2,688,619 2023-11-29
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
KARIN BAIN AND JOHN KUKRAL FOUNDATION
  		Employer identification number

81-4631874
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 32,550 0   32,550

TY 2023 AppliedToPriorYearElection
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Election:
PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE KAIN BAIN AND JOHN KUKRAL FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FROM THE 2018 TAX YEAR.SIGNED: ____________________________________________ DATE:______________________

TY 2023 InvestmentsCorpBondsSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Name of Bond End of Year Book Value End of Year Fair Market Value
JPMORGAN CHASE &CO NOTE 3.87500% 1,979,720 1,977,720
BANK AMERICA CORP MTN 4.45000% 1,981,800 1,977,980
BANK AMERICA CORP MTN 4.25000% 1,965,000 1,963,640
BOSTON PPTYS LTD PARTNERSHIP SER E 2,765,220 2,857,230

TY 2023 InvestmentsCorpStockSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Name of Stock End of Year Book Value End of Year Fair Market Value
HORMEL FOODS CORP 2,527,285 1,697,193
HOST HOTELS & RESORTS INC COM 2,701,498 4,537,236
JONES LANGE LASALLE INC COM 0 487,473
NVIDIA CORPORATION COM 1,002,109 2,765,804
GARMIN LTD COM CHF 341,364 474,827
ROYAL CARIBBEAN GROUP COM 120,750 294,460
AKAMAI TECHNOLOGIES COM 431,439 594,472
ALARM COM HLDGS INC COM 266,774 320,774
ALIGN TECHNOLOGY INC COM 373,384 488,542
ARISTA NETWORKS INC COM 253,377 488,448
AUTODESK INC 252,626 310,680
COTERRA ENERGY INC COM 395,673 389,001
COGNEX CORP COM 310,353 272,395
CORE LABORATORIES INC COM NPV 33,541 27,867
DOLBY LABORATORIES INC COM CL A 309,017 366,524
FLOOR &DECOR HLDGS INC CL A 214,176 277,561
GENERAC HLDGS INC COM 124,512 141,389
GENTEX CORP 386,624 461,486
GENTHERM INC 99,314 80,006
GRACO INC 11,389 15,183
IPG PHOTONICS CORPORATION COM 132,890 150,111
INTERDIGITAL INC 97,846 201,667
INTUITIVE SURGICAL INC 129,443 187,910
INTUIT INC 259,390 405,019
LGI HOMES INC 143,136 191,484
LANDSTAR SYSTEM INC COM 200,718 230,831
MSC INDUSTRIAL DIRECT CO INC 68,111 84,755
MICROCHIP TECHNOLOGY INC. COM 403,317 512,313
MYRIAD GENETICS INC 93,826 98,399
PAYCHEX INC COM 10,261 9,529
PLEXUS CORP 561,476 591,904
POWER INTEGRATIONS INC 405,564 444,379
PROTO LABS INC COM 113,133 147,503
PURE STORAGE INC CL A 390,993 505,374
SEMTECH CORP 74,178 50,262
SNAP-ON INC 259,597 329,566
SOUTHWESTERN ENERGY CO 332,835 346,095
STITCH FIX INC COM CL A 29,203 25,047
STRATEGIC ED INC COM 63,009 76,944
SUPER MICRO COMPUTER INC COM 661,011 2,368,739
TAKE-TWO INTERACTIVE SOFTWARE INC 38,534 56,976
UNDER ARMOUR INC COM STK CLASS A 163,613 145,246
VIASAT INC 238,169 202,805

TY 2023 InvestmentsGovtObligationsSch
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
US Government Securities - End of Year Book Value:

20,008,021
US Government Securities - End of Year Fair Market Value:

20,178,280
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
NREP TE LP AT COST 12,310,637 13,164,409
NREP TE (AIV SRP) FEEDER LP AT COST 298,320 1,958,971
NREP TE (AIV BCP) HOTEL FEEDER LP AT COST 11,569 190,584
NREP TE (AIV SRP II) FEEDER LP AT COST 93,923 213,577
NREP (AIV DC-AZ) LP AT COST 180,325 129,841
NREP TE (AIV PRATT) FEEDER LP AT COST 23,115 43,549
NREP TE (SUN AIV) FEEDER LP AT COST 59,669 68,776
BLUE DRIVE GLOBAL INVESTORS AT COST 15,022,240 13,587,259
NW EUROPE NO. 1 AT COST 5,664,232 7,795,698
NW EUROPE NO. 3 AT COST 822,258 603,479
NREP TE (FP-MM AIV) LP AT COST 2,377,591 2,326,553
NREP (AIV CHS) FEEDER LP AT COST 68,121 533,133
NORTHWOOD 5+B COINVEST AT COST 2,566,270 3,115,974
NW DS 1 CAYMAN LP AT COST 1,321,966 1,098,187

TY 2023 OtherAssetsSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DUE FROM INVESTMENTS 296,251 334,269 0
DUE FROM INVESTMENTS - ACCRUED INTEREST RECEIVABLE 112,579 143,686 0


TY 2023 OtherDecreasesSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Description Amount
APPRECIATION OF DONATED STOCK 1,686,510


TY 2023 OtherExpensesSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SOFTWARE EXPENSE 2,360 1,180   1,180
CORPORATION FEES 132 0   132


TY 2023 OtherIncomeSchedule2
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASS-THROUGH INCOME/LOSS - UBI   114,698  
PASS-THROUGH INCOME/LOSS - NII   -320,471  
PASS-THROUGH INCOME/LOSS - BOOK -320,485   -320,485


TY 2023 OtherLiabilitiesSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Description Beginning of Year - Book Value End of Year - Book Value
INVESTMENT IN NORTHWOODS REAL ESTATE PARTNERS TE (AIV BCP) FEEDER LP 1,780 0


TY 2023 OtherProfessionalFeesSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 80,993 80,993   0


TY 2023 TaxesSchedule
Name:
KARIN BAIN AND JOHN KUKRAL FOUNDATION
EIN:
81-4631874
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL AND STATE TAX EXPENSE 64,100 0   0
FOREIGN TAXES 10,063 10,063   0