Kingsley Foundation in Wilmington, Delaware (DE)
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 Delaware
Kingsley Foundation | |
Employer Identification Number (EIN) | 066037966 |
Name of Organization | Kingsley Foundation |
In Care of Name | Wilmington Trust Co 009009-009 |
Address | 1100 N Market St De3-C070, Wilmington, DE 19890-1100 |
Activities | School, college, trade school, etc., Gifts, grants, or loans to other organizations, Hospital |
Subsection | Charitable Organization |
Ruling Date | 07/1963 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $5,000,000 to $9,999,999 |
Income | $1,000,000 to $4,999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $6,231,914 |
Amount of Income | $1,077,787 |
Form 990 Revenue Amount | $160,667 |
Non-representatives - add comments:
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 | $154,040 | $154,040 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $32,697 | |||
Dividends and interest from securities | $114,723 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $6,620 | |||
Total expenses and disbursements | $423,377 | $3,577 | $0 | $416,561 |
Compensation of officers, directors, trustees, etc. | $1,864 | |||
Total operating and administrative expenses | $7,191 | $3,577 | $375 | |
Contributions, gifts, grants paid | $416,186 | |||
Excess of revenue over expenses and disbursements | $-269,337 | |||
Net investment income | $150,463 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $6,401,028 | $7,857,289 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $2,257,973 | |
Investments-corporate stock | $0 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $3,539,109 | |
Other | $603,946 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $6,401,028 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $6,620 |
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 | $1,505 |
Total credits and payments | $4,900 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $4,900 |
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 | $0 |
Tax due | $0 |
Overpayment | $3,395 |
Amount to be credited to 2013 estimated tax | $1,600 |
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? | Yes |
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 | $7,830,001 |
Net value of noncharitable-use assets | $7,712,560 |
Minimum investment return | $385,628 |
Distributable Amount (for 2012) | |
Distributable amount | $384,123 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $384,123 |
Undistributed income for 2012. This amount must be distributed in 2013 | $310,780 |
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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Other organizations in Delaware | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Kerith Foundation, Xiaolu Wang | 153 Saint Moritz Dr, Wilmington, DE 19807-1055 | DE | 2005-05 | $607,418 |
2 | Kevah And Michele Konner Family Foundation Inc | Foundation Source 501 Silverside Rd, Wilmington, DE 19809 | DE | 2007-11 | $100,805 |
3 | Key Family Member Program Association | Po Box 2004, Dover Afb, DE 19902-2004 | DE | 2007-08 | $0 |
4 | Khan Family Foundation Inc | Foundation Source 501 Silverside Rd, Wilmington, DE 19809 | DE | 2004-10 | $996,445 |
5 | Khan Foundation Inc | 501 Silverside Rd Ste 123, Wilmington, DE 19809-1377 | DE | 2005-04 | $1,492,319 |
6 | Kids Charities | 9 Woodbrook Cir, Wilmington, DE 19810-4119 | DE | 1981-04 | $6,336,714 |
7 | Kimmel-Spiller Charitable Foundation | 56 W Main Street, Newark, DE 19702-1505 | DE | 1997-06 | $72,356 |
8 | Kinfolk Ltd | 1600 Rockland Rd, Wilmington, DE 19803-3607 | DE | 1999-10 | $134,957 |
9 | Kingdom Business Inc | PO BOX 542, Dover, DE 19903-0542 | DE | 2008-06 | $295,638 |
10 | Kingdomconnect | 1712 N Washington St, Wilmington, DE 19802-4723 | DE | 2008-07 | $19,450 |
11 | Kingsley Foundation | 1100 N Market St De3-C070, Wilmington, DE 19890-1100 | DE | 1963-07 | $1,077,787 |
12 | Kingswood Community Center Inc | 2300 Bowers St, Wilmington, DE 19802-4610 | DE | 1948-12 | $2,219,014 |
13 | Kirkwood Soccer Club Inc | 1220 River Rd, New Castle, DE 19720-5108 | DE | 1981-12 | $1,230,044 |
14 | Kiwanis Foundation Of Rehoboth Beach Inc | PO BOX 502, Rehoboth Bch, DE 19971-0502 | DE | 1985-09 | $73,061 |
15 | Kiwanis Foundation Of The Kiwanis Club Of Seaford Inc | PO BOX 1017, Seaford, DE 19973-1017 | DE | 1988-01 | $81,497 |
16 | Kiwanis International Inc | Po Box 1873, Wilmington, DE 19899 | DE | 1954-01 | $0 |
17 | Kiwanis International Inc, K01036 Seaford | PO BOX 1017, Seaford, DE 19973-1017 | DE | 1962-03 | $29,344 |
18 | Kiwanis International, K02269 Bridgeville | 2667 Seahorse Hwy, Greenwood, DE 19950 | DE | 1957-01 | $138,995 |
19 | Klungness Family Foundation Inc | Foundation Source 501 Silverside Rd, Wilmington, DE 19809 | DE | 2005-05 | $15,859 |
20 | Knights Of Columbus, 6768 Coffee Run Council | PO BOX 595, Hockessin, DE 19707-0595 | DE | 1940-10 | $61,400 |
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