TY 2019 IRS 990 e-File Render

efile Public Visual Render ObjectId: 202003179349102740 - Submission: 2020-11-12 TIN: 95-4124379

TY 2019 IRS 990 e-File Render

Name:

RIC & SUZANNE KAYNE FOUNDATION

EIN:

95-4124379

Identifier	Return Reference	Explanation
	FORM 990-PF, PART VII-B, QUESTION 1A(3):	FACILITIES, CERTAIN GOODS AND SERVICES ARE PROVIDED BY DISQUALIFIED PARTIES ON TERMS NO MORE FAVORABLE THAN THOSE ON WHICH SUCH FACILITIES, GOODS AND SERVICES ARE MADE AVAILABLE TO THE GENERAL PUBLIC.
	FORM 990-PF, PART VII-B, QUESTION 1A(4):	ACCOUNTING SERVICES WERE PROVIDED BY KACALP AND RMZ LLC, DISQUALIFIED PARTIES, AT FAIR MARKET VALUE.THE ORGANIZATION HAS INVESTED IN SEVERAL INVESTMENT FUNDS IN WHICH THE INVESTMENT MANAGER OF SUCH FUNDS ARE DISQUALIFIED PARTIES. THE INVESTMENT MANAGERS RECEIVE AN ASSET BASED MANAGEMENT FEE AS WELL AS A PERFORMANCE ALLOCATION FOR SOME OF THESE FUNDS.THE ORGANIZATION BELIEVES SUCH TRANSACTIONS ARE AN EXCEPTION TO AN ACT OF SELF-DEALING PURSUANT TO IRC 4941(D)(2)(E) AND REGULATION 53.4941(D)(3)(C).
	FORM 990-PF, PART VII-B, QUESTION 1A(4) & PART VIII:	DURING THE YEAR, THE ORGANIZATION UTILIZED THE SERVICES OF JANIS MINTON CONSULTING (THE "COMPANY") FOR GRANTMAKING SERVICES. ONE OF THE OWNERS OF THE COMPANY IS AN OFFICER/DIRECTOR OF THE ORGANIZATION. SEE PART VIII, ITEM 3 FOR MORE DETAILS.