Larry & Dee Foundation in Orland Park, 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
| Larry & Dee Foundation | |
| Employer Identification Number (EIN) | 363948903 |
| Name of Organization | Larry & Dee Foundation |
| In Care of Name | R Lloyd And Company Ltd |
| Address | 15127 S 73rd Avenue, Orland Park, IL 60462-4398 |
| Activities | Other religious activities, Gifts, grants, or loans to other organizations, Supplying money, goods or services to the poor |
| Subsection | Charitable Organization |
| Ruling Date | 08/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 03/2012 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $382,270 |
| Amount of Income | $137 |
| Form 990 Revenue Amount | $137 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Expenses 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 | $137 | $137 | $137 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $137 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $11,108 | $0 | $0 | $9,400 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,708 | $0 | $0 | |
| Contributions, gifts, grants paid | $9,400 | |||
| Excess of revenue over expenses and disbursements | $-10,971 | |||
| Net investment income | $137 | |||
| Adjusted net income | $137 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $382,270 | $0 |
| Cash - non-interest-bearing | $382,270 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $382,270 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| 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 | $1 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $1 |
| 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 | $100,000 |
| Net value of noncharitable-use assets | $98,500 |
| Minimum investment return | $4,925 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,924 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,924 |
| 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 | Larabida Childrens Foundation | 6501 S Promontory Dr, Chicago, IL 60649-1003 | IL | 1983-08 | $23,970,942 |
| 2 | Larc An Association For Retarded Citizens | 19043 Wentworth Ave, Lansing, IL 60438-3873 | IL | 1957-09 | $3,726,735 |
| 3 | Laremont Satellite Ptf | 18182 W Gages Lake Rd, Gages Lake, IL 60030-1819 | IL | 1994-03 | $61,856 |
| 4 | Laren Montessori School | 425 E 164th St, South Holland, IL 60473-2216 | IL | 1968-02 | $428,121 |
| 5 | Large Unit District Association | 2030 Timberbrooke Drive, Springfield, IL 62702-6681 | IL | 2010-01 | $457,842 |
| 6 | Large Urology Group Practice Association | 1100 E Woodfield Rd, Schaumburg, IL 60173-5116 | IL | 2009-03 | $2,822,073 |
| 7 | Lark Foundation | 31670 James Rd, Polo, IL 61064-9510 | IL | 2003-09 | $271,467 |
| 8 | Lark White Foundation | 160 Sheridan Rd, Winnetka, IL 60093-1555 | IL | 2000-06 | $49,859 |
| 9 | Larkin-Birchler Charitable Trust | 135 S Lasalle St Il4-135-14-19, Chicago, IL 60603 | IL | 2011-02 | $169,240 |
| 10 | Larrimore Family Foundation | 830 Sheridan Rd, Winnetka, IL 60093-1929 | IL | 1998-02 | $237,152 |
| 11 | Larry & Dee Foundation | 15127 S 73rd Avenue, Orland Park, IL 60462-4398 | IL | 1995-08 | $137 |
| 12 | Larry & Victoria Smith Foundation Ltd | 475 Half Day Road, Lincolnshire, IL 60069-2934 | IL | 1994-04 | $298,623 |
| 13 | Larry And Cathy Becker Family Foundation | 4017 Almahurst Dr, Springfield, IL 62712-8715 | IL | 2002-08 | $140,482 |
| 14 | Larry D Berning Charitable Tr | 710 Bluff St, Glencoe, IL 60022-1505 | IL | 1988-12 | $598 |
| 15 | Larry R Rogers Foundation | 70 W Madison St Fl 55, Chicago, IL 60602-4212 | IL | 2000-12 | $22 |
| 16 | Lasalle County Casa Organization | 707 E Etna Rd Ll, Ottawa, IL 61350-1047 | IL | 2001-01 | $99,292 |
| 17 | Lasalle County Childrens Advocacy Center | 1521 La Salle St, Ottawa, IL 61350-1911 | IL | 2004-03 | $81,017 |
| 18 | Lasalle County Development Connection | 320 E Main St, Streator, IL 61364-2962 | IL | 2007-07 | $13,852 |
| 19 | Lasalle County Extension Service Foundation | 410 E Stevenson Rd Ste C, Ottawa, IL 61350-9498 | IL | 1985-11 | $59,344 |
| 20 | Lasalle County Farm Bureau Foundation | 4201 North Columbus Street, Ottawa, IL 61350 | IL | 1993-04 | $53,822 |
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