The Mason Foundation Inc in Palm Springs, California (CA)
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
- Other organizations in California
| The Mason Foundation Inc | |
| Employer Identification Number (EIN) | 330250077 |
| Name of Organization | The Mason Foundation Inc |
| Address | 64465 Via Risso, Palm Springs, CA 92264-0236 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 10/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2011 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $41,815 |
| Amount of Income | $80,433 |
| Form 990 Revenue Amount | $43,588 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $43,588 | $983 | $126 | |
| Contributions, gifts, grants, etc., received | $42,605 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $126 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $857 | |||
| Total expenses and disbursements | $52,093 | $0 | $0 | $51,058 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,035 | $0 | $0 | |
| Contributions, gifts, grants paid | $51,058 | |||
| Excess of revenue over expenses and disbursements | $-8,505 | |||
| Net investment income | $983 | |||
| Adjusted net income | $126 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $41,815 | $41,815 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $41,815 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $20,000 | |
| Mortgages and other notes payable | $0 | |
| Other | $20,000 | |
| Total liabilities and net assets/fund balances | $21,815 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $857 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $10 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $10 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $36,133 |
| Net value of noncharitable-use assets | $35,600 |
| Minimum investment return | $1,780 |
| Distributable Amount (for 2011) | |
| Distributable amount | $1,770 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $1,770 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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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| Other organizations in California | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Los Angeles United Methodist Urban Foundation | 714 W Olympic Blvd Ste 922, Los Angeles, CA 90015-1694 | CA | 1984-03 | $220,578 |
| 2 | The Ludwig Van Beethoven Philanthropic Society Inc | 2206 Spaulding Pl, Altadena, CA 91001-5440 | CA | 2006-12 | $1,240 |
| 3 | The M And M Foundation | 314 Meadowbrook Dr, Santa Barbara, CA 93108-2680 | CA | 2001-01 | $231,033 |
| 4 | The Macfarlane Foundation | 3780 Selby Ave, Los Angeles, CA 90034-7709 | CA | 1969-12 | $31,327 |
| 5 | The Maley-Thawley Family Foundation | 931 W Woodbridge Rd, Lodi, CA 95242-9616 | CA | 2000-03 | $481,819 |
| 6 | The Man Woman Center | 19 Winged Foot Dr, Novato, CA 94949-5947 | CA | 1992-10 | $46,348 |
| 7 | The Mankind Project, Los Angeles Community Inc | 340 N Westlake Blvd, Westlake Village, CA 91362-3761 | CA | 2001-03 | $105,500 |
| 8 | The Margaret E Oser Foundation | 3762 Saint Andrews Dr, Santa Rosa, CA 95403-0945 | CA | 1987-04 | $9,889 |
| 9 | The Martin C Kauffman One Hundred Club Of Alameda County | 135 Town And Country Dr, Danville, CA 94526-3924 | CA | 1974-12 | $480,935 |
| 10 | The Martin Wong Foundation A Ca Non-Profit Public Benefir Corp | 321 30th Ave C/O Bob P Chu Cpa, San Francisco, CA 94121 | CA | 2002-04 | $13,190 |
| 11 | The Mason Foundation Inc | 64465 Via Risso, Palm Springs, CA 92264-0236 | CA | 1987-10 | $80,433 |
| 12 | The May & Stanley Smith Trust | 2320 Marinship Way Ste 150, Sausalito, CA 94965-2830 | CA | 1977-05 | $3,762,582 |
| 13 | The Mediation Institute | 22231 Mulholland Hwy Ste 213, Calabasas, CA 91302-5152 | CA | 1984-06 | $98,899 |
| 14 | The Mehlig Family Foundation | 21515 Hawthorne Blvd Ste 500, Torrance, CA 90503-6568 | CA | 1987-06 | $97,391 |
| 15 | The Mellor Family Foundation, Mellor Suzanne S Ttee | 15 Montage Way, Laguna Beach, CA 92651-4220 | CA | 1994-03 | $132,191 |
| 16 | The Mericos Foundation | 625 Fair Oaks Ave Ste 360, S Pasadena, CA 91030-5813 | CA | 1980-07 | $6,391,697 |
| 17 | The Mesa Education Foundation | 3901 Mesa School Rd, Somis, CA 93066-9734 | CA | 1984-01 | $57,008 |
| 18 | The Michael D Boyd Foundation | 7710 Balboa Ave Ste 302, San Diego, CA 92111-2257 | CA | 2008-03 | $113,187 |
| 19 | Aroha Philanthropies | 2755 Campus Dr Ste 240, San Mateo, CA 94403-2515 | CA | 1991-07 | $99,375 |
| 20 | The Milpitas Foundation For Education | 2083 Mesa Verde Dr, Milpitas, CA 95035-6652 | CA | 1992-08 | $0 |
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