Greendale Lynn Family Foundation Inc in Gresham, Oregon (OR)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
Greendale Lynn Family Foundation Inc | |
Employer Identification Number (EIN) | 954606016 |
Name of Organization | Greendale Lynn Family Foundation Inc |
In Care of Name | Tbp |
Address | 991 Sw Florence Ct, Gresham, OR 97080-9668 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 03/1997 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Tax Period | 12/2012 |
Assets | $1,000,000 to $4,999,999 |
Income | $500,000 to $999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $1,599,108 |
Amount of Income | $714,465 |
Form 990 Revenue Amount | $123,916 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2012: $714,465 (it was $123,916 in 2011)
This organization: | $714,465 |
Other organizations performing similar types of work: | $120,160 |
Assets in 2012: $1,599,108 (it was $1,660,145 in 2011)
Greendale Lynn Family Foundation Inc: | $1,599,108 |
Other organizations performing similar types of work: | $450,518 |
Expenses in 2012: $102,424
This organization: | $102,424 |
Other organizations performing similar types of work: | $61,287 |
Income to expenses ratio in 2012: 7.0
This organization: | 7.0 |
Other organizations performing similar types of work: | 7.3 |
Grants share in income in 2012: 0.0%
Greendale Lynn Family Foundation Inc: | 0.0% |
Other organizations performing similar types of work: | 8.9% |
Revenue for 2012
Expenses for 2012
Assets for 2012
Analysis of Revenue and Expenses (for 2012) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $41,387 | $39,585 | $26,892 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $2,326 | |||
Dividends and interest from securities | $21,954 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $2,612 | |||
Other | $14,495 | |||
Total expenses and disbursements | $102,424 | $11,474 | $0 | $82,000 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $20,424 | $11,474 | $0 | |
Contributions, gifts, grants paid | $82,000 | |||
Excess of revenue over expenses and disbursements | $-61,037 | |||
Net investment income | $28,111 | |||
Adjusted net income | $26,892 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $1,599,108 | $1,724,252 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $179,333 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $944,073 | |
Other | $475,702 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $1,599,108 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $14,495 |
Net capital loss | $0 |
Excise Tax Based on Investment Income (for 2012) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $562 |
Total credits and payments | $510 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $510 |
Exempt foreign organizations-tax withheld at source | $0 |
Tax paid with application for extension of time to file (Form 8868) | $0 |
Backup withholding erroneously withheld | $0 |
Any penalty for underpayment of estimated tax | $1 |
Tax due | $53 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
Statements Regarding Activities (for 2012) | |
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
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 2012 or the taxable year beginning in 2012? | No |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
During the year did the foundation (either directly or indirectly): | |
Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
Agree to pay money or property to a government official? | No |
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
During the year did the foundation pay or incur any amount to: | |
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
Provide a grant to an individual for travel, study, or other similar purposes? | No |
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
Minimum Investment Return (for 2012) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $1,762,619 |
Net value of noncharitable-use assets | $1,736,180 |
Minimum investment return | $86,809 |
Distributable Amount (for 2012) | |
Distributable amount | $86,247 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $86,247 |
Undistributed income for 2012. This amount must be distributed in 2013 | $86,112 |
Private Operating Foundations (for 2012) | |||||
2012 | 2011 | 2010 | 2009 | Total | |
---|---|---|---|---|---|
The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
Value of all assets | $0 | $0 | $0 | $0 | $0 |
Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
Gross investment income | $0 | $0 | $0 | $0 | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Leo Adler Community Fdn Tr 2429000-01 | PO BOX 3168, Portland, OR 97208-3168 | OR | 1995-04 | $8,410,205 |
2 | John J And Lois A Tennant Foundation | 937 Sw 14th Ave Ste 200, Portland, OR 97205-1745 | OR | 1998-09 | $7,996,015 |
3 | Campbell Foundation | 0841 Sw Gaines St Unit 2304, Portland, OR 97239-3105 | OR | 1995-05 | $7,834,682 |
4 | Schnitzer-Novack Foundation | PO BOX 10047, Portland, OR 97296-0047 | OR | 1997-07 | $6,489,132 |
5 | Sharkey Family Charitable Foundation | 1101 Siskiyou Blvd, Ashland, OR 97520-2238 | OR | 1995-02 | $3,634,364 |
6 | Richard And Mary Rosenberg Charitable Foundation | 2855 Sw Rutland Ter, Portland, OR 97205-5855 | OR | 1996-11 | $1,534,347 |
7 | Riverdale School Foundation | PO BOX 69015, Portland, OR 97239-0015 | OR | 1993-10 | $917,973 |
8 | Wintz Family Foundation | 10610 Sw Inverness Ct, Portland, OR 97219-6399 | OR | 1997-03 | $256,621 |
9 | Sisters Schools Foundation Inc | PO BOX 2155, Sisters, OR 97759-2155 | OR | 1997-01 | $218,813 |
10 | The@william A Schmidt And Carolyn B Schmidt Charitable Foundation, Schmidt William & Carolyn Ttees | 60670 Telluride Dr, Bend, OR 97702-8101 | OR | 1998-04 | $116,495 |
11 | Richard I Swenson Trust | PO BOX 1012, Salem, OR 97308-1012 | OR | 1998-08 | $113,507 |
12 | Wilson-Humphreys Foundation | 126 Loop Rd, Myrtle Creek, OR 97457-9442 | OR | 1998-05 | $5,033 |
13 | The Faass Foundation Inc | 25400 Sw Harmony Rd, Sheridan, OR 97378-9629 | OR | 1997-01 | $2,150 |
14 | Wolokahn Foundation | 3620 Sw 60th Pl, Portland, OR 97221-1277 | OR | 1998-05 | $808 |
15 | Wilson-Dean Family Foundation | 126 Loop Rd, Myrtle Creek, OR 97457-9442 | OR | 1998-05 | $540 |
16 | Quantum Charitable Trust, Williams Bruce L Ttee | C/O 11040 Sw Barbur Blvd, Portland, OR 97219 | OR | 1996-05 | $107 |
17 | St Laurent Family Foundation | PO BOX 1784, Medford, OR 97501-0140 | OR | 1995-08 | $30 |
18 | Republic Fidelity Foundation | 11040 Sw Barbur Blvd, Portland, OR 97219-8686 | OR | 1997-06 | $1 |
19 | A Gift Of Life Foundation Of Oregon Inc | PO BOX 888, Woodburn, OR 97071-0888 | OR | 1995-02 | $0 |
20 | Gold Beach Booster Club Inc | PO BOX 703, Gold Beach, OR 97444-0703 | OR | 1997-08 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 5,225 |
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