Geneva And Gordon Worley Charitable Trust in Lake Forest, Illinois (IL)
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 Illinois
| Geneva And Gordon Worley Charitable Trust | |
| Employer Identification Number (EIN) | 366784812 |
| Name of Organization | Geneva And Gordon Worley Charitable Trust |
| In Care of Name | Gordon Worley Trustee |
| Address | 130 W Blackthorn Ln, Lake Forest, IL 60045-2813 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1984 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $0 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $0 |
| Amount of Income | $25,734 |
| Form 990 Revenue Amount | $9,852 |
Non-representatives - add comments:
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 | $9,852 | $9,852 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $287 | |||
| Dividends and interest from securities | $35 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $9,530 | |||
| Total expenses and disbursements | $62,697 | $1,347 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,347 | $1,347 | $0 | |
| Contributions, gifts, grants paid | $61,350 | |||
| Excess of revenue over expenses and disbursements | $-52,845 | |||
| Net investment income | $8,504 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $0 | $43,632 |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $0 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $9,530 |
| 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 | $85 |
| Total credits and payments | $60 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $60 |
| 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 | $25 |
| 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 | $8,333 |
| Net value of noncharitable-use assets | $8,320 |
| Minimum investment return | $416 |
| Distributable Amount (for 2011) | |
| Distributable amount | $331 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $331 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $331 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Positive Pathways Of Chicago in Chicago, IL
 |
Sequoia Farm Foundation in Decatur, IL
 |
|
Chicago Assembly Foundation in Chicago, IL
|
|
Edgar Baillie Ministries Inc in Elgin, IL
|
|
Lawrence County Humane Society in Lawrenceville, IL
|
|
Pawsitively Famous Inc in Peotone, IL
|
|
Rock River Valley Traffic Club in Rockford, IL
|
|
Ruach Center Inc in Woodstock, IL
|
|
Wavering Fam Charitable Foundation in Chicago, IL
|
|
Chicago Couture Fashion Week Inc in Chicago, IL
|
| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Frank Bacon Hathaway Foundation R75654005 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1966-03 | $553,380 |
| 2 | Frank Bliss Enslow Foundation 9371240500 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1998-11 | $44,804 |
| 3 | Frank C King And Blanche H King Memorial Fund | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1997-05 | $133,910 |
| 4 | Frank Foster Charitable Trust 2600761000 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2009-12 | $707,863 |
| 5 | Frank H Sill Residuary Tr | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1971-08 | $192,367 |
| 6 | Frank L Oakes Trust Foundation | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1967-06 | $143,061 |
| 7 | Friends Of Christs Hospital | 310 N Lafox St 647, South Elgin, IL 60177 | IL | 2001-12 | $448,634 |
| 8 | Friends Of University Of Guelph | 1814 Deerpath Ct, Naperville, IL 60565-2833 | IL | 1975-04 | $78,990 |
| 9 | Gary J & Kathy Elaine Anderson Charitable Foundation 053100, Anderson Gary J & Kathy Elaine Ttee | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2001-12 | $1 |
| 10 | George E Ely Unitrust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $3,299,199 | |
| 11 | Geneva And Gordon Worley Charitable Trust | 130 W Blackthorn Ln, Lake Forest, IL 60045-2813 | IL | 1984-02 | $25,734 |
| 12 | George & Ceil Bernstein Foundation | 1621 Dundee Rd, Northbrook, IL 60062-3705 | IL | 1953-05 | $17,070 |
| 13 | George And Sarah Ohlhausen Foundation | 191 N Wacker Dr Ste 1800, Chicago, IL 60606-1631 | IL | 1999-02 | $1,294,523 |
| 14 | Georgia Urological Association | 1100 E Woodfield Road, Schaumburg, IL 60173-5116 | IL | 1984-04 | $129,800 |
| 15 | Franklin Neighborhood Community Association | 308 N 2nd St, Belleville, IL 62220-1256 | IL | 1993-02 | $79,538 |
| 16 | Franklin Outing Club Inc | 26 South Dr, Franklin, IL 62638-5163 | IL | 1964-01 | $24,303 |
| 17 | Franklin Park Elementary School District 84 Educational Foundation | 2915 Maple Street, Franklin Park, IL 60131 | IL | 2005-01 | $0 |
| 18 | Franklin Park Kiwanis Foundation | PO BOX 24, Franklin Park, IL 60131 | IL | 1977-09 | $6,083 |
| 19 | Franklin Park Rotary Club Foundation | PO BOX 154, Franklin Park, IL 60131 | IL | 1984-05 | $92,760 |
| 20 | Franklin Parr Marquis Family Foundation Inc | 506 15th St Ste 600, Moline, IL 61265-2149 | IL | 1987-11 | $14,352 |
Organization representatives - add corrected or new information about Geneva And Gordon Worley Charitable Trust »
Non-representatives - add comments about Geneva And Gordon Worley Charitable Trust»