Carolyn L And Bart T Murphy Foundation in Niles, 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
| Carolyn L And Bart T Murphy Foundation | |
| Employer Identification Number (EIN) | 363495041 |
| Name of Organization | Carolyn L And Bart T Murphy Foundation |
| Address | 6868 N Concord Ln, Niles, IL 60714-4432 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 08/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2010 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $140,272 |
| Amount of Income | $94,180 |
| Form 990 Revenue Amount | $900,609 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
Assets 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 | $900,609 | $904,454 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $19,530 | |||
| Dividends and interest from securities | $4 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $884,920 | |||
| Total expenses and disbursements | $501,780 | $937 | $0 | $500,801 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,780 | $937 | $801 | |
| Contributions, gifts, grants paid | $500,000 | |||
| Excess of revenue over expenses and disbursements | $398,829 | |||
| Net investment income | $903,517 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $539,101 | $533,079 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $478,891 | |
| Other | $60,210 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $539,101 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $-3,845 |
| 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 | $9,035 |
| Total credits and payments | $9,500 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $9,500 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Overpayment | $465 |
| Amount to be credited to 2012 estimated tax | $465 |
| 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 | $629,013 |
| Net value of noncharitable-use assets | $619,580 |
| Minimum investment return | $30,979 |
| Distributable Amount (for 2011) | |
| Distributable amount | $21,944 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $21,944 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| 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 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Carol Stream Youth Cheerleading Association | 647 Tahoe Ct, Carol Stream, IL 60188 | IL | 2002-01 | $0 |
| 2 | Carol Stream Youth Football Association | 898 Paddock Dr, Carol Stream, IL 60188-4805 | IL | 1996-12 | $120,479 |
| 3 | Carol Wilson And G William Cotts Foundation | 139 Daisy Mdws, Burr Ridge, IL 60527-5053 | IL | 1997-07 | $5,755 |
| 4 | Carole & Loseph Levy Jr Foundation | 1350 Westmoor Trl, Winnetka, IL 60093-1637 | IL | 1998-12 | $104,578 |
| 5 | Caroline Bentley Scholarship Fund | 1801 E Lincoln Hwy, New Lenox, IL 60451-3801 | IL | 1973-08 | $2,117 |
| 6 | Caroline L Oaks Charitable Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1996-07 | $341,184 |
| 7 | Caroline Mark Home | 222 E Lincoln St, Mt Carroll, IL 61053-9654 | IL | 1943-05 | $137,487 |
| 8 | Caroline Williams Charitable Trust | 135 S Lasalle St, Chicago, IL 60603-4177 | IL | 1957-07 | $247,670 |
| 9 | Carolyn And Jim Cole Family Foundation | 328 Park Pl, Glencoe, IL 60022-1270 | IL | 1998-02 | $83,645 |
| 10 | Carolyn Gable Expect A Miracle Foundation | 1881 Rose Rd, Lake Zurich, IL 60047-1552 | IL | 2001-12 | $135,788 |
| 11 | Carolyn L And Bart T Murphy Foundation | 6868 N Concord Ln, Niles, IL 60714-4432 | IL | 1987-08 | $94,180 |
| 12 | Carpe Diem Foundation Of Illinois | 2700 N Racine Ave, Chicago, IL 60614-1206 | IL | 2002-03 | $123,768 |
| 13 | Carpenter School Pto | 300 N Hamlin Ave, Park Ridge, IL 60068-2924 | IL | 2007-09 | $119,486 |
| 14 | Carpenters Joint Apprenticeship & Training Program Committee, Northwest Illinois District Council | 7978 Newburg Rd, Rockford, IL 61108-6927 | IL | 1986-04 | $849,735 |
| 15 | Carpenters Local 496 Hospital & Life Insurance Fund | 903 Commerce Dr Ste 304, Oak Brook, IL 60523-8830 | IL | 1974-01 | $0 |
| 16 | Carpenters Local 638 | 3309 Water Tower Rd, Marion, IL 62959-5537 | IL | 1946-10 | $97,293 |
| 17 | Carpenters Local Union 790 & 792 Labor-Management Cooperation Fund | 1503 1st Ave Ste A, Rock Falls, IL 61071-3089 | IL | 2004-06 | $13,200 |
| 18 | Carpentersville Chapt 883 Women Of The Moose | 309 Lake Marion Rd, Carpentersville, IL 60110 | IL | 1935-08 | $6,690 |
| 19 | Carpentersville Lodge No 1958 Loyal Order Of Moose, 1958 | 309 Lake Marian Rd, Carpentersvle, IL 60110-2005 | IL | 1935-08 | $127,516 |
| 20 | Carqueville Family Foundation | 1430 Hampton Crse, Saint Charles, IL 60174-5625 | IL | 1999-01 | $452 |
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