Devers Foundation in Wilmette, 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
| Devers Foundation | |
| Employer Identification Number (EIN) | 366846376 |
| Name of Organization | Devers Foundation |
| In Care of Name | William J Devers Jr Trustee |
| Address | 1200 Central Ave Ste 306, Wilmette, IL 60091-2687 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2011 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $123,307 |
| Amount of Income | $3,782 |
| Form 990 Revenue Amount | $-714 |
Non-representatives - add comments:
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 | $-714 | $3,235 | $0 | |
| Contributions, gifts, grants, etc., received | $900 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $3,235 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $10,995 | $995 | $0 | $10,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $995 | $995 | $0 | |
| Contributions, gifts, grants paid | $10,000 | |||
| Excess of revenue over expenses and disbursements | $-11,709 | |||
| Net investment income | $2,240 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $111,598 | $116,302 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $105,224 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $6,374 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $111,598 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-4,849 |
| 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 | $22 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $22 |
| Amount to be credited to 2013 estimated tax | $0 |
| 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 | $111,290 |
| Net value of noncharitable-use assets | $109,620 |
| Minimum investment return | $5,481 |
| Distributable Amount (for 2012) | |
| Distributable amount | $5,459 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $5,459 |
| 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 Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Destiny Through Character Limited Nfp | PO BOX 549, Downers Grove, IL 60515 | IL | 2006-07 | $0 |
| 2 | Detour 2 Discovery Nfp | 2001 S Wabash Ave, Chicago, IL 60616-1708 | IL | 2002-12 | $1,572,031 |
| 3 | Detweiller Playground | 301 Sw Adams St, Peoria, IL 61602-1501 | IL | 1965-05 | $11,986 |
| 4 | Devar Emet Messianic Jewish Outreach | 7800 Niles Ave, Skokie, IL 60077-2991 | IL | 1997-01 | $350,144 |
| 5 | Developing Communities Project | 212 E 95th St, Chicago, IL 60619-7208 | IL | 1987-01 | $622,580 |
| 6 | Development Association Of Rock Island Inc | 100 19th St Ste 109, Rock Island, IL 61201-8022 | IL | 1974-10 | $1,134,077 |
| 7 | Developmental Services Center Of Champaign County Inc | 1304 W Bradley Ave, Champaign, IL 61821-2035 | IL | 1966-05 | $12,545,177 |
| 8 | Developmental Disability Services Of Metro East | 2900 Frank Scott Pkwy W Ste 928, Belleville, IL 62223-5000 | IL | 1987-11 | $1,474,070 |
| 9 | Developmental Pioneer Inc | 285 S Farnham St, Galesburg, IL 61401-5323 | IL | 1998-07 | $128,088 |
| 10 | Developmental Resources Inc | 113 E Van Buren Ave, Naperville, IL 60540-4947 | IL | 1979-11 | $124,655 |
| 11 | Devers Foundation | 1200 Central Ave Ste 306, Wilmette, IL 60091-2687 | IL | 1987-05 | $3,782 |
| 12 | Devin Shafron Memorial Book Fund | 707 Lake Cook Rd Ste 123, Deerfield, IL 60015-4909 | IL | 2001-01 | $43,094 |
| 13 | Devon North Town Business & Professional Assn, West Ridge Chamber Of Commerce | 2540 W Devon Avenue 2nd Floor, Chicago, IL 60659-1810 | IL | 1994-01 | $264,650 |
| 14 | Devonshire Pto | 1401 Pennsylvania Ave, Des Plaines, IL 60018 | IL | 1999-08 | $0 |
| 15 | Devotions For Growing Christians Inc | 613 Buckingham Pl, Libertyville, IL 60048-3325 | IL | 1985-03 | $95,991 |
| 16 | Devry Student Activities Organization | C/O A Sanchez 3418 N Sheffield Ave, Chicago, IL 60657 | IL | 1984-11 | $61,064 |
| 17 | Devry University Education Fund | One Tower Lane Suite 1000, Oakbrook Terrace, IL 60181 | IL | 2000-10 | $845,519 |
| 18 | Dew Building An Illinois Trust | 2702 Southlawn Dr, Bloomington, IL 61705-4154 | IL | 2002-07 | $175,467 |
| 19 | Dew Texas Building, Walsh Dale M Ttee | 2702 Southlawn Dr, Bloomington, IL 61705-4154 | IL | 2005-12 | $75,596 |
| 20 | Dewitt And Parke Holland Foundation Inc | 79 W Monroe St Ste 1119, Chicago, IL 60603-4950 | IL | 1987-06 | $1,203,377 |
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