Sheldon Gray Family Foundation in Chicago, 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
| Sheldon Gray Family Foundation | |
| Employer Identification Number (EIN) | 364031844 |
| Name of Organization | Sheldon Gray Family Foundation |
| In Care of Name | Sheldon Gray |
| Address | 1648 W Augusta 3e, Chicago, IL 60622-3806 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 09/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $46,078 |
| Amount of Income | $1,394 |
| Form 990 Revenue Amount | $2,946 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Voluntarism, and Grantmaking Foundations (Not Elsewhere Classified) |
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 | $1,394 | $1,394 | $1,394 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $1,394 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $8,274 | $1,713 | $1,713 | $8,274 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,713 | $1,713 | $1,713 | |
| Contributions, gifts, grants paid | $6,561 | |||
| Excess of revenue over expenses and disbursements | $-6,880 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $46,078 | $66,824 |
| Cash - non-interest-bearing | $682 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $45,396 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1,718 | |
| Mortgages and other notes payable | $0 | |
| Other | $1,718 | |
| Total liabilities and net assets/fund balances | $44,360 | |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| 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 | $48,659 |
| Net value of noncharitable-use assets | $47,920 |
| Minimum investment return | $2,396 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,396 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,396 |
| 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 | Shelby County 4-H & Junior Fair | 1125 W N 2nd, Shelbyville, IL 62565 | IL | 1958-09 | $149,338 |
| 2 | Shelby County Farm Bureau Foundation | Po Box 409, Shelbyville, IL 62565 | IL | 2009-05 | $140,069 |
| 3 | Shelby County Farm Bureau Inc | PO BOX 409, Shelbyville, IL 62565-0409 | IL | 1942-05 | $219,057 |
| 4 | Shelby Extension Foundation | 1125 Wn 2nd St, Shelbyville, IL 62565 | IL | $4,586 | |
| 5 | Shelby Family Foundation | 559 Oak St, Winnetka, IL 60093-2649 | IL | 1996-04 | $190,667 |
| 6 | Shelby Memorial Hospital Foudation Inc | 200 S Cedar St, Shelbyville, IL 62565-1838 | IL | 1994-03 | $259,621 |
| 7 | Shelbyville Area Community Foundation | PO BOX 435, Shelbyville, IL 62565-0435 | IL | 2003-02 | $85,798 |
| 8 | Shelbyville Booster Foundation | P O Box 161, Shelbyville, IL 62565 | IL | 2002-01 | $28,384 |
| 9 | Shelbyville Lodge No 1294 Loyal Order Of Moose, 1294 | PO BOX 311, Shelbyville, IL 62565-0311 | IL | 1935-08 | $397,963 |
| 10 | Sheldon F Good Family Foundation | 180 East Pearson Street, Chicago, IL 60611-2130 | IL | 1970-09 | $60,590 |
| 11 | Sheldon Gray Family Foundation | 1648 W Augusta 3e, Chicago, IL 60622-3806 | IL | 1995-09 | $1,394 |
| 12 | Sheldon J Sandman Family Foundation | 738 Romona Rd, Wilmette, IL 60091-2172 | IL | 1968-02 | $15,179 |
| 13 | Sheldon L And Pearl R Leibowitz Foundation | 2800 Lakeside Dr, Bannockburn, IL 60015-1246 | IL | 1987-02 | $1,553 |
| 14 | Shelia Daniels Christian Academy Inc | 422 10th St, Waukegan, IL 60085-7406 | IL | 2001-12 | $360,457 |
| 15 | Shellie Harris Memorial Fund | 6745 N Kilpatrick Ave, Lincolnwood, IL 60712-3309 | IL | 1989-10 | $2,012 |
| 16 | Shelter Care Ministries | 412 N Church St, Rockford, IL 61103-6811 | IL | 1987-05 | $1,245,230 |
| 17 | Shelter Inc | 1616 N Arlington Hts Rd, Arlington Heights, IL 60004-3981 | IL | 1974-10 | $2,916,872 |
| 18 | Shelton Foundation, Shelton George & Carol Ttees | 333 Fairview Ave, Winnetka, IL 60093-4210 | IL | 1997-07 | $1 |
| 19 | Shem Center For Interfaith Spirituality | 708 N Harvey Ave, Oak Park, IL 60302-1742 | IL | 1995-11 | $42,437 |
| 20 | Sheridan Carroll Charitable Works Fund Inc | 2015 N Harlem Ave, Chicago, IL 60707-3120 | IL | 1983-06 | $56,632 |
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