Htmf Foundation Tr Ua, Frahm Donald R Et Al Ttees in Palm Coast, 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
Htmf Foundation Tr Ua, Frahm Donald R Et Al Ttees | |
Employer Identification Number (EIN) | 066438629 |
Name of Organization | Htmf Foundation Tr Ua |
Secondary Name | Frahm Donald R Et Al Ttees |
In Care of Name | Drew Mersereau & Knierim Pc |
Address | 7 Avenue De La Mer Apt 1006, Palm Coast, FL 32137-1208 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 09/1997 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $371,752 |
Amount of Income | $45,591 |
Form 990 Revenue Amount | $18,406 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $45,591 (it was $486,173 in 2012)
This organization: | $45,591 |
Other organizations performing similar types of work: | $153,770 |
Assets in 2013: $371,752 (it was $415,159 in 2012)
Htmf Foundation Tr Ua, Frahm Donald R Et Al Ttees: | $371,752 |
Other organizations performing similar types of work: | $516,948 |
Expenses in 2012: $87,043
This organization: | $87,043 |
Other organizations performing similar types of work: | $60,348 |
Income to expenses ratio in 2012: 0.5
This organization: | 0.5 |
Other organizations performing similar types of work: | 2.2 |
Grants share in income in 2012: 96.2%
Htmf Foundation Tr Ua, Frahm Donald R Et Al Ttees: | 96.2% |
Other organizations performing similar types of work: | 0.0% |
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 | $417,696 | $15,821 | $0 | |
Contributions, gifts, grants, etc., received | $401,875 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $3,349 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $12,472 | |||
Total expenses and disbursements | $87,043 | $1,476 | $0 | $85,567 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $2,413 | $1,476 | $937 | |
Contributions, gifts, grants paid | $84,630 | |||
Excess of revenue over expenses and disbursements | $330,653 | |||
Net investment income | $14,345 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $415,159 | $419,632 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $144,911 | |
Investments-corporate stock | $155,485 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $13,158 | |
Other | $101,605 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $415,159 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $12,472 |
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 | $287 |
Total credits and payments | $671 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $671 |
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 | $384 |
Amount to be credited to 2013 estimated tax | $384 |
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 | $255,643 |
Net value of noncharitable-use assets | $251,800 |
Minimum investment return | $12,590 |
Distributable Amount (for 2012) | |
Distributable amount | $12,303 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $12,303 |
Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
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 | The Wallace Research Foundation | Attn Kay Hegarty 221 Third Ave Se, Cedar Rapids, IA 52401-1522 | IA | 1996-05 | $44,138,975 |
2 | Trimix Foundation | 50 Park Row W Ste 113, Providence, RI 02903-1114 | RI | 1997-05 | $23,588,272 |
3 | Russell Grinnell Memorial Tr | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-10 | $13,669,625 |
4 | Wcp Foundation | 9 W 57th St, New York, NY 10019-2701 | NY | 1998-08 | $13,302,553 |
5 | Chia Family Foundation Inc | 7801 Blue Heron Way, West Palm Bch, FL 33412-3149 | FL | 1996-12 | $7,077,305 |
6 | Plangere Foundation Inc | 3829 Partridge Pl S Quail Ridge, Boynton Beach, FL 33436-5413 | FL | 1998-04 | $4,662,174 |
7 | Brandenburg Life Foundation | 401 N Point Rd Apt 1002, Osprey, FL 34229-2902 | FL | 1996-06 | $3,432,371 |
8 | Howard & Ethel Ross Tr Ua 2 | PO BOX 2918, Clearwater, FL 33757-2918 | FL | 1998-04 | $1,868,688 |
9 | Lichtenberger Foundation | 508 Nw Winters Creek Rd, Palm City, FL 34990-8096 | FL | 1997-07 | $1,754,420 |
10 | Michael And Annie Falk Foundation | PO BOX 2616, Palm Beach, FL 33480-2616 | FL | 1997-05 | $1,636,215 |
11 | The@gail M Asarch Private Charitable Foundation | 1601 Belvedere Rd Ste 407s, West Palm Bch, FL 33406-1518 | FL | 1998-07 | $1,228,817 |
12 | The Irving And Marjorie Cowan Family Foundation Inc | 3725 S Ocean Dr Ste 718, Hollywood, FL 33019-2942 | FL | 1996-08 | $1,091,345 |
13 | Eugene F Merkert 1996 Charitable Foundation, Merkert E F Ttee | 2791 D Rd, Loxahatchee, FL 33470-4897 | FL | 1997-08 | $910,483 |
14 | Charitable And Research Foundation | 3321 Sunset Key C704, Punta Gorda, FL 33955-3905 | FL | 1998-02 | $678,948 |
15 | Silberstein Family Foundation Inc | 3630 Gardens Pkwy Unit 203c, Palm Bch Gdns, FL 33410-2611 | FL | 1995-10 | $628,997 |
16 | Goldie & David Blanksteen Foundation, Blankstein Goldie & Etal Ttees | PO BOX 43250, Jacksonville, FL 32203-3250 | FL | 1996-09 | $613,749 |
17 | Steele Family Foundation, Steele Michael C Et Al Ttee | 196 Gomez Rd, Hobe Sound, FL 33455-2513 | FL | 1996-04 | $434,407 |
18 | Robert W Orrell Charitable Remainder Trust Uw | PO BOX 40200, Jacksonville, FL 32203-0200 | FL | 1997-10 | $204,957 |
19 | The@harvey And Lois Dann Foundation Inc | 830-13 A1a Npmb 394, Ponte Vedre Beach, FL 32082 | FL | 1997-07 | $47,446 |
20 | The Reba And Sydney Raine Foundation | 84 Bishopscourt Rd, Osprey, FL 34229-8928 | FL | 1995-05 | $9 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 740 |
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