Evelyn C Carter Foundation Corp in Palatine, Illinois (IL)

Evelyn C Carter Foundation Corp
Employer Identification Number (EIN)	364292352
Name of Organization	Evelyn C Carter Foundation Corp
In Care of Name	Scot A Leonard
Address	351 W Glade Rd, Palatine, IL 60067-6831
Subsection	Charitable Organization
Ruling Date	11/1999
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	05/2014
Assets	$1,000,000 to $4,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$3,914,807
Amount of Income	$1,916,857
Form 990 Revenue Amount	$170,246
National Taxonomy of Exempt Entities (NTEE)	Diseases, Disorders, Medical Disciplines: Fund Raising and/or Fund Distribution

Non-representatives - add comments:

Amount of income in 2014: $1,916,857 (it was $898,789 in 2013)

Evelyn C Carter Foundation Corp:	$1,916,857
Other organizations performing similar types of work:	$64,124

Assets in 2014: $3,914,807 (it was $3,666,719 in 2013)

This organization:	$3,914,807
Other organizations performing similar types of work:	$30,784

Expenses in 2014: $242,437

Evelyn C Carter Foundation Corp:	$242,437
Other organizations performing similar types of work:	$51,501

Income to expenses ratio in 2014: 7.9

Evelyn C Carter Foundation Corp:	7.9
Other organizations performing similar types of work:	1.2

Grants share in income in 2014: 0.0%

Evelyn C Carter Foundation Corp:	0.0%
Other organizations performing similar types of work:	92.3%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2014)
Total revenue	$475,124	$475,124	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$79,663
Gross rents	$0
Gross sales price for all assets	$1,837,194
Gross profit from sales of goods	$0
Other income	$0
Other	$395,461
Total expenses and disbursements	$242,437	$25,250	$0	$211,103
Compensation of officers, directors, trustees, etc.	$65,958
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$2,783
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$721
Printing and publications	$0
Total operating and administrative expenses	$77,437	$25,250		$46,103
Contributions, gifts, grants paid	$165,000
Excess of revenue over expenses and disbursements	$232,687
Net investment income		$449,874
Adjusted net income			$0

	2012		2013		2014
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$3,558,331	$3,868,871	$3,666,719	$4,206,370	$3,914,807	$4,244,502
Cash - non-interest-bearing	$0		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$3,545,524		$3,592,765		$3,849,312
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$1		$1		$15,401
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$0		$0
Total liabilities and net assets/fund balances	$3,558,331		$3,666,719		$3,899,406

	2012	2013	2014
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$42,399	$159,522	$395,461
Net capital loss	$0	$0	$0

	2012	2013	2014
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	$3,089	$5,899	$8,997
Total credits and payments	$0	$0	$0
Any penalty for underpayment of estimated tax	$69	$66	$111
Tax due		$5,965	$9,108
Overpayment		$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0

	2012	2013	2014
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

	2012	2013	2014
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?	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
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

	2012	2013	2014
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$4,113,922	$4,158,253	$4,251,688
Net value of noncharitable-use assets		$4,095,879	$4,187,913
Minimum investment return	$202,611	$204,794	$209,396

	2012	2013	2014
Distributable Amount
Distributable amount	$199,522	$198,895	$200,399

	2012	2013	2014
Undistributed Income
Distributable amount for this year	$199,522	$198,895	$200,399
Undistributed income for this year. This amount must be distributed in the next year	$1,517	$22,062	$11,358

	2014	2013	2012	2011	Total
Private Operating Foundations (for 2011 - 2014)
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 2014)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2014)
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	$79,663	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
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

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	When Everyone Survives Foundation Inc	1685 Sugarloaf Club Dr, Duluth, GA 30097-7460	GA	2006-01	$573,495
2	Alliance Of Pennsylvania Councils Inc	3461 Market Street, Camp Hill, PA 17011-4412	PA	2010-07	$5,833,517
3	Pedal The Cause - San Diego	512 Via De La Valle Ste 309, Solana Beach, CA 92075-2715	CA	2014-04	$2,399,284
4	Evelyn C Carter Foundation Corp	351 W Glade Rd, Palatine, IL 60067-6831	IL	1999-11	$1,916,857
5	Illinois Cancercare Foundation	8940 N Wood Sage Rd, Peoria, IL 61615-7822	IL	2001-07	$604,517
6	Caitlin Bull Foundation	7706 Madison St, River Forest, IL 60305-2102	IL	2010-03	$439,347
7	Stridin & Survivin	PO BOX 263, Hamel, IL 62046	IL	2011-11	$42,786
8	Attack Acc	Po Box 3604, St Charles, IL 60174	IL	2008-06	$31,622
9	Heather Treat Memorial	PO BOX 98, Vienna, IL 62995-0098	IL	2003-07	$11,692
10	Bob Whitman Research Foundation	2148 Somersworth Place, Hoffman Estates, IL 60195	IL	2003-06	$0
11	Cancer Runners Inc	500 S Clinton St Unit 527, Chicago, IL 60607	IL	2011-05	$0
12	Clipping For A Cure Foundation	612 Brita Trl, Minooka, IL 60447-4574	IL	2008-09	$0
13	Dorothys Family	Po Box 4203, Lisle, IL 60532	IL	2009-08	$0
14	Friends Of Camp-Mak-A-Dream Chicagoland Chapter	560 Wing Ln, St Charles, IL 60174-2340	IL	2003-10	$0
15	Guardians Of The Ribbon Pink Heals Joliet Illinois	4609 Clare Rd, Joliet, IL 60431-8688	IL	2014-08	$0
16	Ladies Night Out	303 W State St, Sycamore, IL 60178	IL	2011-12	$0
17	Marlene Gatto Foundation	18910 Caraway Ct, Mokena, IL 60448-5401	IL	2010-07	$0
18	The Felicia Beth Nekritz Memorial Fund	2654 Kingston Drive, Northbrook, IL 60062	IL	1999-03	$0
19	The Pat Clark Memorial Cancer Foundation	1552 Bryan Court, Aurora, IL 60504	IL	2010-08	$0
20	Ziemniarski Family Resource Foundation	1414 Baltz, Joliet, IL 60431	IL	2011-09	$0

Number of organizations performing similar types of work

Alabama	1
Arizona	6
California	35
Colorado	7
Connecticut	9
District of Columbia	2
Delaware	3
Florida	18
Georgia	15
Iowa	2
Idaho	3
Illinois	17
Indiana	2
Kansas	5
Kentucky	3
Louisiana	2
Massachusetts	15
Maryland	5
Maine	1
Michigan	6
Minnesota	6
Missouri	9
Mississippi	1
Montana	1

North Carolina	6
North Dakota	1
New Hampshire	1
New Jersey	15
New Mexico	1
Nevada	3
New York	25
Ohio	7
Oklahoma	2
Oregon	7
Pennsylvania	15
Rhode Island	1
South Carolina	2
South Dakota	1
Tennessee	2
Texas	26
Utah	1
Virginia	8
Vermont	2
Washington	3
Wisconsin	10
West Virginia	1
International	2

Total

316

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