Flourndy-Threadcraft Ports Community Trust in Orlando, Florida (FL)
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
Flourndy-Threadcraft Ports Community Trust | |
Employer Identification Number (EIN) | 546191989 |
Name of Organization | Flourndy-Threadcraft Ports Community Trust |
In Care of Name | Crestar Bank Tr Tax |
Address | PO BOX 1908, Orlando, FL 32802-1908 |
Activities | Community trust or component |
Subsection | Charitable Organization |
Ruling Date | 09/1996 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Tax Period | 11/2011 |
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 | $6,470,612 |
Amount of Income | $3,363,173 |
Form 990 Revenue Amount | $509,867 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2011: $3,363,173 (it was $2,197,960 in 2010)
Flourndy-Threadcraft Ports Community Trust: | $3,363,173 |
Other organizations performing similar types of work: | $92,093 |
Assets in 2011: $6,470,612 (it was $6,327,031 in 2010)
This organization: | $6,470,612 |
Other organizations performing similar types of work: | $311,878 |
Expenses in 2011: $366,678
Flourndy-Threadcraft Ports Community Trust: | $366,678 |
Other organizations performing similar types of work: | $75,750 |
Income to expenses ratio in 2011: 9.2
This organization: | 9.2 |
Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2011: 10.8%
This organization: | 10.8% |
Other organizations performing similar types of work: | 38.8% |
Revenue for 2011
Expenses for 2011
Assets 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 | $509,867 | $490,371 | $0 | |
Contributions, gifts, grants, etc., received | $55,146 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $215,415 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $239,306 | |||
Total expenses and disbursements | $366,678 | $31,166 | $0 | $332,950 |
Compensation of officers, directors, trustees, etc. | $60,383 | |||
Total operating and administrative expenses | $70,451 | $31,166 | $36,723 | |
Contributions, gifts, grants paid | $296,227 | |||
Excess of revenue over expenses and disbursements | $143,189 | |||
Net investment income | $459,205 | |||
Adjusted net income | $0 |
Balance Sheets (for 2011) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $6,470,612 | $6,888,855 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $0 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $6,235,398 | |
Other | $235,214 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $6,470,612 |
Capital Gains and Losses for Tax on Investment Income (for 2011) | |
Capital gain net income | $239,306 |
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 | $4,592 |
Total credits and payments | $3,900 |
2011 estimated tax payments and 2010 overpayment credited to 2011 | $3,900 |
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 | $692 |
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? | 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 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 | $7,284,583 |
Net value of noncharitable-use assets | $7,175,320 |
Minimum investment return | $358,766 |
Distributable Amount (for 2011) | |
Distributable amount | $354,174 |
Undistributed Income (for 2011) | |
Distributable amount for 2011 | $354,174 |
Undistributed income for 2011. This amount must be distributed in 2012 | $209,431 |
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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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Swim Across America Inc | 1 International Pl Ste 4600, Boston, MA 02110-2621 | MA | 1993-08 | $6,029,543 |
2 | United Way Of The Southern Tier Inc | 300 Civic Center Plaza Suite 2, Corning, NY 14830-2846 | NY | 1995-07 | $5,179,749 |
3 | Tuw Finley Gracey Charitable 380-3311801 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-12 | $3,455,389 |
4 | Flourndy-Threadcraft Ports Community Trust | PO BOX 1908, Orlando, FL 32802-1908 | FL | 1996-09 | $3,363,173 |
5 | S Weldon Family Foundation, Weldon Stephen N Ttee | 4008 Mariner Cir, Westlake Vlg, CA 91361-3806 | CA | 1998-09 | $972,032 |
6 | Flournoy Georgia Portsmouth Comm Trust | PO BOX 1908, Orlando, FL 32802-1908 | FL | 1996-09 | $922,986 |
7 | United Way Of Rockingham County Inc | PO BOX 317, Wentworth, NC 27375-0317 | NC | 1971-07 | $706,107 |
8 | Us Airways Education Foundation Inc | 4000 E Sky Harbor Blvd, Phoenix, AZ 85034-3802 | AZ | 1992-01 | $676,186 |
9 | S Z & P R Zedakah Fund | 1244 49th St, Brooklyn, NY 11219-3011 | NY | 1996-10 | $284,669 |
10 | United Way Of Southbridge Sturbridge And Charlton | 155 Main St, Southbridge, MA 01550-2524 | MA | 1950-09 | $282,813 |
11 | Red Lion Area Educational Foundation | 696 Delta Rd, Red Lion, PA 17356-9185 | PA | 1997-04 | $282,270 |
12 | United Way Of Cache Valley | PO BOX 3281, Logan, UT 84323-3281 | UT | 1992-05 | $214,514 |
13 | Royal Oak Foundation For Public Education | 3070 Normandy Road, Royal Oak, MI 48073-2226 | MI | 1995-02 | $197,483 |
14 | Dunedin Rotary Club Foundation Inc | PO BOX 1153, Dunedin, FL 34697-1153 | FL | 1998-04 | $179,474 |
15 | Tuw Albert W Dowling | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-08 | $120,755 |
16 | Youth And Tennis Inc | 119th Avenue And Merrick Blvd, Jamaica, NY 11434 | NY | 1992-06 | $99,908 |
17 | Ormond Beach West Rotary Foundation Inc | 825 Ballough Rd Ste 400 Ste 100, Daytona Beach, FL 32114-2265 | FL | 1993-11 | $93,734 |
18 | The Sylvia And Herb Rosen Foundation | 702 N 22nd St, Allentown, PA 18104-3904 | PA | 1997-07 | $86,364 |
19 | Church By The Sea Foundation Inc | 12932 93rd Ave, Seminole, FL 33776-1813 | FL | 1998-06 | $28,220 |
20 | Health Flight Inc | 10571 Santa Laguna Dr, Boca Raton, FL 33428-1208 | FL | 1997-06 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 269 |
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