Bound To Stay Bound Books Foundation in Jacksonville, Illinois (IL)

Bound To Stay Bound Books Foundation
Employer Identification Number (EIN)	376227827
Name of Organization	Bound To Stay Bound Books Foundation
In Care of Name	Jacksonville Savings Banks
Address	1211 W Morton Ave, Jacksonville, IL 62650-2770
Activities	Scholarships (other)
Subsection	Charitable Organization
Ruling Date	07/1985
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$1,000,000 to $4,999,999
Income	$500,000 to $999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$3,217,184
Amount of Income	$867,710
Form 990 Revenue Amount	$131,960

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 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	$140,474	$140,474	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$139,770
Gross rents	$0
Gross sales price for all assets	$727,940
Gross profit from sales of goods	$0
Other income	$0
Other	$704
Total expenses and disbursements	$222,762	$19,492	$0	$200,250
Compensation of officers, directors, trustees, etc.	$18,109
Pension plans, employee benefits	$0
Legal fees	$80
Accounting fees	$1,250
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$22,762	$19,492		$250
Contributions, gifts, grants paid	$200,000
Excess of revenue over expenses and disbursements	$-82,288
Net investment income		$120,982
Adjusted net income			$0

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$3,389,692	$3,971,352	$3,299,472	$4,131,337	$3,217,184	$4,307,153
Cash - non-interest-bearing	$0		$0		$0
Investments-U.S. and state government obligations	$400,400		$400,400		$499,674
Investments-corporate stock	$704,136		$704,095		$638,408
Investments-corporate bonds	$2,070,611		$1,870,962		$1,926,920
Investments-mortgage loans	$0		$0		$0
Investments-other	$193,007		$137,960		$135,005
Other assets			$0		$0
Total liabilities	$0		$0		$0
Total liabilities and net assets/fund balances	$3,389,692		$3,299,472		$3,217,184

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$704
Net capital loss	$-16,311	$-3,935	$0

	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
Tax based on investment income	$2,580	$2,800	$2,420
Total credits and payments	$2,604	$2,580	$2,800
Current year estimated tax payments and previous year's overpayment credited to current year	$2,604	$2,580	$2,800
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$0	$0
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$220	$0
Overpayment		$0	$380
Amount to be credited to next year's estimated tax	$24	$0	$380

	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
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
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
Did any persons become substantial contributors during the tax year?		No	No
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

	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
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	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
Agree to pay money or property to a government official?	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?	Yes	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
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
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	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
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
Provide a grant to an individual for travel, study, or other similar purposes?	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
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
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

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$4,019,902	$4,127,072	$4,276,468
Net value of noncharitable-use assets		$4,065,166	$4,212,321
Minimum investment return	$197,980	$203,258	$210,616

	2011	2012	2013
Distributable Amount
Distributable amount	$195,400	$200,458	$208,196

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$195,400	$200,458	$208,196
Undistributed income for this year. This amount must be distributed in the next year	$195,400	$200,030	$207,976

	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	$0	$0
Dividends and interest from securities	$0	$139,770

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 Bound To Stay Bound Books Foundation to others? (optional)

Yes

Add photo of Bound To Stay Bound Books 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 (3.148.144.xxx) to everybody
	Leave your signature» Clear Make my signature public

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

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

Id	Name	Address	State	Established	Total Income
Other organizations in Illinois
1	Borden Inc Long Term Disability Benefits Plan Trust	801 S Canal Ste C 3s, Chicago, IL 60607-4515	IL	1973-02	$533,061
2	Bosnia & Herzegovinian American Community Center	1016 W Argyle St, Chicago, IL 60640-3715	IL	1999-04	$86,138
3	Bosom Buddies Inc	1024 119th St, Lemont, IL 60439-6165	IL	1997-12	$3,134
4	Bossy Family Foundation Tr, David P Bossy And Debra Bossy Ttee	144 E 6th St, Hinsdale, IL 60521-4650	IL	2006-08	$1,257
5	Botanic Gardens Conservation International U S Inc	1000 Lake Cook Rd, Glencoe, IL 60022-1168	IL	1998-09	$64,987
6	Bottomless Closet	435 N La Salle St Lower Level 1, Chicago, IL 60654-4556	IL	1991-03	$111,709
7	Bottomley-Ruffing-Schalk Baseball Museum	Po Box 75, Nokomis, IL 62075	IL	1987-04	$0
8	Boulder Historical Society Trust 1010023210	10 S Dearborn Ste F121, Chicago, IL 60603-2300	IL	1999-06	$2,703,084
9	Boulevard Arts Center	400 W 76th St Ste 204, Chicago, IL 60620-1872	IL	1985-08	$209,686
10	Boulevard Credit Union	5601 W 26th St, Cicero, IL 60804-3238	IL	1941-09	$83,544
11	Bound To Stay Bound Books Foundation	1211 W Morton Ave, Jacksonville, IL 62650-2770	IL	1985-07	$867,710
12	Boundless Readers	5153 N Clark St Ste 206, Chicago, IL 60640-6835	IL	1993-10	$470,110
13	Bourbonnais Dynamo Soccerassociation	PO BOX 122, Bourbonnais, IL 60914-0122	IL	2008-02	$127,881
14	Bourbonnais Friendship Festival Inc	700 Main St Nw, Bourbonnais, IL 60914-2302	IL	2001-03	$262,496
15	Bowling Proprietors Association Of America, Chicagoland Bpa	7356 N Cicero Ave, Lincolnwood, IL 60712-1628	IL	1979-01	$438,237
16	Box It Foundation	5401 Fargo Ave, Skokie, IL 60077-3211	IL	2008-04	$180,941
17	Boxer Rebound Inc	4915 Ringwood Rd, Ringwood, IL 60072-9627	IL	1996-03	$98,002
18	Boy Scouts Of America Arrowhead Council Inc Trust Fund	Busey Trust Company 100 W Universit, Champaign, IL 61820	IL	1960-12	$23,536
19	Boy Scouts Of America, 121 Lincoln Trails Council Tr	262 W Prairie Ave, Decatur, IL 62523-1221	IL	1965-11	$140,963
20	Boy Scouts Of America, 112 Trails West Council	1055 Harrison St, Wood River, IL 62095-1867	IL	1965-11	$1,783,178

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Bound To Stay Bound Books Foundation and has no official or unofficial affiliation with Bound To Stay Bound Books Foundation