Sydney Aiko Akase Foundation in Kaneohe, Hawaii (HI)

Sydney Aiko Akase Foundation
Employer Identification Number (EIN)	271620053
Name of Organization	Sydney Aiko Akase Foundation
Address	PO BOX 6142, Kaneohe, HI 96744-9169
Subsection	Charitable Organization
Ruling Date	01/2011
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$10,000 to $24,999
Income	$1 to $9,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$16,924
Amount of Income	$8,002
Form 990 Revenue Amount	$1,282

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$8,002	$2	$2
Contributions, gifts, grants, etc., received	$8,000
Interest on savings and temporary cash investments	$2
Dividends and interest from securities	$0
Gross rents	$0
Gross sales price for all assets	$0
Gross profit from sales of goods	$0
Other income	$0
Total expenses and disbursements	$1,000	$0	$0	$1,000
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$0
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$0	$0		$0
Contributions, gifts, grants paid	$1,000
Excess of revenue over expenses and disbursements	$7,002
Net investment income		$2
Adjusted net income			$2

	2009		2010		2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$1	$0	$4,517	$4,525	$5,300	$5,300	$9,922	$9,922	$16,924	$16,924
Cash - non-interest-bearing	$0		$2,117		$1,617		$5,675		$4,675
Investments-U.S. and state government obligations	$0		$0		$0		$0		$0
Investments-corporate stock	$0		$0		$0		$0		$0
Investments-corporate bonds	$0		$0		$0		$0		$0
Investments-mortgage loans	$0		$0		$0		$0		$0
Investments-other	$0		$0		$0		$0		$0
Other assets							$0		$0
Total liabilities	$0		$0		$0		$0		$0
Total liabilities and net assets/fund balances	$0		$4,517		$5,300		$9,922		$16,924

	2009	2010	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$0	$0	$0
Net capital loss	$0	$0	$0	$0	$0

	2009	2010	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No	No	No
Tax based on investment income	$0	$0	$0	$0	$0
Total credits and payments	$0	$0	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0	$0	$0
Tax due				$0	$0
Overpayment				$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0	$0	$0

	2009	2010	2011	2012	2013
Statements Regarding Activities
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	No	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?				No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?				No	No
Has the foundation filed a tax return on Form 990-T for this year?				No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?				Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No	No	No
Did any persons become substantial contributors during the tax year?				Yes	Yes
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?				No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?				Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041				No	No

	2009	2010	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
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	No	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No	No	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	No	No	No	No
Agree to pay money or property to a government official?	No	No	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?				No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?				No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?				No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?				No	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	No	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No	No	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	No	No	No	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	No	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?				No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?				No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?				No	No

	2009	2010	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$0	$4,517	$5,800	$6,669	$9,687
Net value of noncharitable-use assets				$6,569	$9,541
Minimum investment return	$0	$215	$285	$328	$477

	2009	2010	2011	2012	2013
Distributable Amount
Distributable amount	$0	$215	$285	$328	$477

	2009	2010	2011	2012	2013
Undistributed Income
Distributable amount for this year	$0	$215	$285	$328	$477
Undistributed income for this year. This amount must be distributed in the next year	$0	$215	$1	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
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

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$2	$0
Dividends and interest from securities	$0	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Sydney Aiko Akase Foundation to others? (optional)

Yes

Add photo of Sydney Aiko Akase Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.145.164.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Minami Community Foundation in Kaneohe, HI
Tails Of Aloha in Waipahu, HI
Three Ring Ranch Inc in Kailua Kona, HI
Kanu Hawaii in Honolulu, HI
Parents Without Partners Inc in Honolulu, HI
Yeshua Outreach Center Inc in Keaau, HI
International Harvest Foundation Inc in Lahaina, HI
Save The Food Basket Inc in Honolulu, HI
Dexter Cate Foundation in Honokaa, HI
Taiwanese Presbyterian Church Of Honolulu in Honolulu, HI

Recently Added Reviews

Minami Community Foundation in Kaneohe, HI

Tails Of Aloha in Waipahu, HI

Three Ring Ranch Inc in Kailua Kona, HI

Kanu Hawaii in Honolulu, HI

Parents Without Partners Inc in Honolulu, HI

Yeshua Outreach Center Inc in Keaau, HI

International Harvest Foundation Inc in Lahaina, HI

Save The Food Basket Inc in Honolulu, HI

Dexter Cate Foundation in Honokaa, HI

Taiwanese Presbyterian Church Of Honolulu in Honolulu, HI

Id	Name	Address	State	Established	Total Income
Other organizations in Hawaii
1	Honpa Hongwanji Hawaii Betsuin Judo Academy	1423 Emerson St Apt 113, Honolulu, HI 96813-2128	HI	2012-05	$6,190
2	Inha University America Foundation	700 Bishop St Ste 2100, Honolulu, HI 96813-4120	HI	2012-01	$200,001
3	International Karate League Of Hawaii Inc	Po Box 97, Honolulu, HI 96810	HI	1994-11	$2,571
4	Jeff Phillip Angels Foundation Inc	502 Capt Cook Ave Ste 104, Honolulu, HI 96813	HI	2012-02	$3,000
5	Kaana Kapu	92-119 Puliko Place, Kapolei, HI 96707	HI	2000-01	$7,900
6	Kiuc Charitable Foundation	4463 Pahee Street Suite 1, Lihue, HI 96766	HI	2013-02	$9,317
7	Korean Library Foundation	1227 Koloa Street, Honolulu, HI 96816	HI	2013-02	$33,497
8	Lanakila Basketball Club Inc	98-611 Kilinoe St 742, Aiea, HI 96701-5504	HI	2011-09	$13,615
9	Richard T Blount Educational Foundation Inc	1177 Queen St Apt 4302, Honolulu, HI 96814-4150	HI	2012-04	$31,697
10	Rescue Tube Foundation	PO BOX 223300, Princeville, HI 96722-3300	HI	2012-04	$17,198
11	Sydney Aiko Akase Foundation	PO BOX 6142, Kaneohe, HI 96744-9169	HI	2011-01	$8,002
12	The Pantry	PO BOX 2401, Kamuela, HI 96743-2401	HI	2011-08	$341,994
13	Waiakea Intermediate School Ukulele Band Booster	200 West Puainako St, Hilo, HI 96720	HI	2011-04	$19,345
14	Aloha State Association Of The Deaf	Po Box 88591, Honolulu, HI 96830	HI	1973-12	$18,734
15	Community Helping Schools	1150 S King St Ste 203, Honolulu, HI 96814	HI	2005-02	$9,722
16	Hawaii Canoe Kayak Team Inc	PO BOX 283131, Honolulu, HI 96828-3131	HI	2012-05	$95,161
17	Kapolei Community Development Corporation	P O Box 700911, Kapolei, HI 96709	HI	2008-11	$15,377
18	Kauai Childrens Discovery Museum	Po Box 411, Hanamaulu, HI 96715	HI	1999-06	$1,088
19	Pdmi-Care Inc	84-1064 Lahaina St Ste 4, Waianae, HI 96792	HI	2002-10	$209,746
20	Special Olympics Hawaii Inc	Po Box 3295, Honolulu, HI 96801	HI	1972-09	$2,432,068

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Sydney Aiko Akase Foundation and has no official or unofficial affiliation with Sydney Aiko Akase Foundation