Besancon Foundation Inc in Ft Wayne, Indiana (IN)

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Besancon Foundation Inc
Employer Identification Number (EIN)351960808
Name of OrganizationBesancon Foundation Inc
In Care of NameMark D Vanderhagen
Address6509 Mutual Dr, Ft Wayne, IN 46825-4231
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date09/1995
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$132,532
Amount of Income$28,844
Form 990 Revenue Amount$4,250
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2013: $28,844 (it was $75,586 in 2012)
Besancon Foundation Inc: 

 $28,844
Other organizations performing similar types of work: 

 $47,052

Assets in 2013: $132,532 (it was $141,123 in 2012)
Besancon Foundation Inc: 

 $132,532
Other organizations performing similar types of work: 

 $132,532

Expenses in 2013: $12,841
Besancon Foundation Inc: 

 $12,841
Other organizations performing similar types of work: 

 $25,564

Income to expenses ratio in 2013: 2.2
This organization: 

 2.2
Other organizations performing similar types of work: 

 1.4

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$1,358$5,495$4,250
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$7,657$6,016$5,399
Gain/Loss from sale of assets other than inventory$-6,299$-521$-1,149
Gross amount from sale of assets other than inventory$114,576$69,570$23,445
Less: cost or other basis and sales expenses$120,875$70,091$24,594
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$9,092$8,623$12,841
Total net assets$144,251$141,123$132,532
Excess/Deficit for the year$-7,734$-3,128$-8,591
Net assets or fund balances at beginning of year$151,985$144,251$141,123
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$141,123$132,532
Balance Sheets
201120122013
Total assets$144,251$141,123$132,532
Total liabilities$0$0$0
Net assets or fund balances$144,251$141,123$132,532
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$11,403
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Saltsgiver Family Foundation1605 James Rd, Williamsport, PA 17701-1757PA1995-10$1,555,296
2Raymond G Jackson And Emma A Jackson Scholarship FundC/O Pnc Bank 620 Liberty Avenue No, Pittsburgh, PA 15222PA1996-09$1,254,090
3Texas Medical Association Special Funds Foundation401 W 15th St, Austin, TX 78701-1670TX1995-11$984,133
4The Lucie Jane Deslogo Mcanany Scholarship TrustPO BOX 415044, Kansas City, MO 64141-5044MO1998-02$187,799
5Trey Whitfield Foundation Inc733 Lincoln Ave, Brooklyn, NY 11208-4101NY1996-06$169,930
6The Daisy Cundall TrustPO BOX 3168, Portland, OR 97208-3168OR1995-01$117,648
7Warrick County Chamber Of CommercePO BOX 377, Boonville, IN 47601-0377IN1997-11$92,181
8Ruth Coyer Scholarship Trust10 S Dearborn, Chicago, IL 60603-2300IL1995-09$76,413
9The Berkeley Heights Education Foundation Inc345 Plainfield Ave, Brekeley Heights, NJ 07922-1436NJ1995-09$40,211
10The Angelo Brothers Company Founders Scholarship Foundation12401 Mcnulty Road, Philadelphia, PA 19154-1029PA1996-01$39,845
11Besancon Foundation Inc6509 Mutual Dr, Ft Wayne, IN 46825-4231IN1995-09$28,844
12Surveyors Scholarship Foundation Of The New Jersey Society Of, Professional Land Surveyors IncPO BOX 101, Cream Ridge, NJ 08514-0101NJ1995-10$17,980
13Alpha Sigma Lambda Tau Chapter3501 University Blvd E, Adelphi, MD 20783-7998MD1997-10$15,428
14Rudy Sondrini Scholarship Fund22 Weston Ave, Dalton, MA 01226MA1996-07$9,424
15Wayne Mountjoy Scholarship Fund 161253PO BOX 577, Columbia, MO 65205-0577MO1995-08$8,559
16Rotary Club Of Glenville New York Foundation IncPO BOX 2638, Glenville, NY 12325-0638NY1993-12$7,404
17Sylvester Memorial Fund Incorporated, Hall Thomas P Ttee102 Thistle Patch Way, Hingham, MA 02043-2817MA1996-07$7,287
18Simmons Memorial Foundation Inc1959 N Peace Haven Rd 372, Winston Salem, NC 27106-4850NC1998-02$6,822
19Tuscaloosa Kiwanis FoundationPO BOX 2347, Tuscaloosa, AL 35403-2347AL1997-04$1,129
20Warrick County Chamber Of Commerce Foundation IncPO BOX 377 STE 203, Boonville, IN 47601-0377IN1997-11$0
Number of organizations performing similar types of work
Alabama2
Arizona2
California3
Colorado2
Florida3
Georgia1
Illinois5
Indiana3
Kansas1
Kentucky1
Massachusetts5
Maryland1
Michigan1
Minnesota1
Missouri4
Mississippi1
North Carolina1
Nebraska2
New Jersey4
New Mexico1
New York12
Ohio3
Oklahoma2
Oregon2
Pennsylvania6
Texas3
Virginia1
Washington1
Wisconsin2
Wyoming1
Total77

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