Frank Family Foundation Inc in Atlanta, Georgia (GA)
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 Georgia
| Frank Family Foundation Inc | |
| Employer Identification Number (EIN) | 582082981 |
| Name of Organization | Frank Family Foundation Inc |
| Address | 920 Crest Valley Dr Nw, Atlanta, GA 30327-4530 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 07/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| 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 | $5,495,616 |
| Amount of Income | $4,092,282 |
| Form 990 Revenue Amount | $119,150 |
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 | $2,957,626 | $2,957,626 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $722,374 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $3,397 | |||
| Other | $2,231,855 | |||
| Total expenses and disbursements | $399,765 | $65 | $0 | $399,700 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $65 | $65 | $0 | |
| Contributions, gifts, grants paid | $399,700 | |||
| Excess of revenue over expenses and disbursements | $2,557,861 | |||
| Net investment income | $2,957,561 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $4,081,921 | $5,968,845 |
| Cash - non-interest-bearing | $-1,154 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $4,076,595 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $6,480 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $4,081,921 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $2,231,855 |
| 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 | $29,576 |
| Total credits and payments | $32,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $32,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $31 |
| Tax due | $0 |
| Overpayment | $2,393 |
| Amount to be credited to 2013 estimated tax | $2,393 |
| 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 | $6,072,049 |
| Net value of noncharitable-use assets | $5,980,960 |
| Minimum investment return | $299,048 |
| Distributable Amount (for 2012) | |
| Distributable amount | $269,472 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $269,472 |
| 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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| Other organizations in Georgia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Fowler St Redevelopment Company Inc | PO BOX 1617, Covington, GA 30015-1617 | GA | 2001-11 | $26,230 |
| 2 | Foxfire Fund Inc | PO BOX 541, Mountain City, GA 30562-0541 | GA | 1969-05 | $986,776 |
| 3 | Foxworthy Foundation Inc | 365 High Bridge Chase, Alpharetta, GA 30022-5512 | GA | 1997-05 | $8,492 |
| 4 | Fragile Kids Foundation Inc | 3350 Riverwood Pkwy Se Ste 1400, Atlanta, GA 30339-3314 | GA | 1991-09 | $632,799 |
| 5 | Fragile X Association Of Georgia Inc | 3161 W Somerset Ct Se, Marietta, GA 30067-5045 | GA | 1992-05 | $16,000 |
| 6 | Frances & Sylvan Makeover Supporting Organization Inc | 4788 Long Island Dr Nw, Atlanta, GA 30342-2568 | GA | 1999-08 | $219,961 |
| 7 | Frances And Beverly Dubose Foundation Inc | 4200 Nopkwy Sq Nw Bldg 14 Ste 100, Atlanta, GA 30327 | GA | 1990-08 | $3,449,841 |
| 8 | Frances Wood Wilson Foundation Inc | PO BOX 349, Tucker, GA 30085-0349 | GA | 1955-07 | $13,290,169 |
| 9 | Frank Callen Boys And Girls Club Inc | 510 E Charlton St, Savannah, GA 31401-4612 | GA | 1953-05 | $567,040 |
| 10 | Paws Humane Inc | PO BOX 23024, Columbus, GA 31902-3024 | GA | 2006-05 | $375,784 |
| 11 | Frank Family Foundation Inc | 920 Crest Valley Dr Nw, Atlanta, GA 30327-4530 | GA | 1994-07 | $4,092,282 |
| 12 | Frank Family Foundation, Frank Ronald E & Iris D | 6 Downing Ln, Decatur, GA 30033-1403 | GA | 2000-03 | $69,559 |
| 13 | Frank G Lumpkin Jr Foundation Inc | PO BOX 57, Columbus, GA 31902-0057 | GA | 2000-10 | $774,900 |
| 14 | Frank S And Lala L Lesser Foundation Inc | 3060 Pharr Ct N Nw 614, Atlanta, GA 30305 | GA | 1999-01 | $3,722 |
| 15 | Frank Ski Kids Foundation Inc | 217 16th Street Nw, Atlanta, GA 30363-1006 | GA | 2001-04 | $112,515 |
| 16 | Franklin Chevrolet Health Benefit Plan Trust, Franklin Robert T Ttee | PO BOX 648, Statesboro, GA 30459-0648 | GA | 1994-04 | $515 |
| 17 | Franklin County Band Association Inc | PO BOX 264, Carnesville, GA 30521-0264 | GA | 2007-03 | $76,568 |
| 18 | Franklin E & Lettie B Nixon Christian Foundation Inc | 810 Dorado Cir Se, Marietta, GA 30067-4731 | GA | 2003-08 | $1 |
| 19 | Franklin Housing And Redevelopment Inc | 900 S River Road, Franklin, GA 30217-6526 | GA | 2002-01 | $58,822 |
| 20 | Fal-Bloomington Inc | 3330 Cumberland Blvd Se Ste 900, Atlanta, GA 30339-5998 | GA | 2007-10 | $883 |
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