Jerry E Clegg Foundation in Lafayette, Indiana (IN)
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 Indiana
| Jerry E Clegg Foundation | |
| Employer Identification Number (EIN) | 356046360 |
| Name of Organization | Jerry E Clegg Foundation |
| In Care of Name | James E Peterson Treasurer |
| Address | 1782 N 400 E, Lafayette, IN 47905-8857 |
| Activities | Other religious activities |
| Subsection | Charitable Organization, Scientific Organization |
| Ruling Date | 01/1965 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation exempt from paying excise taxes on investment income |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $295,736 |
| Amount of Income | $7,064 |
| Form 990 Revenue Amount | $12,122 |
Non-representatives - add comments:
Revenue for 2012
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 | $7,064 | $3,489 | $5,301 | |
| Contributions, gifts, grants, etc., received | $1,763 | |||
| Interest on savings and temporary cash investments | $3,489 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1,812 | |||
| Total expenses and disbursements | $18,476 | $0 | $4,364 | $14,112 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $13,476 | $0 | $9,112 | |
| Contributions, gifts, grants paid | $5,000 | |||
| Excess of revenue over expenses and disbursements | $-11,412 | |||
| Net investment income | $3,489 | |||
| Adjusted net income | $937 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $295,736 | $370,424 |
| Cash - non-interest-bearing | $-2 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $295,738 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $295,736 | |
| 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? | Yes |
| 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 | $373,949 |
| Net value of noncharitable-use assets | $368,340 |
| Minimum investment return | $18,417 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 | $937 | $2,919 | $1,558 | $2,951 | $8,365 |
| Qualifying distributions made directly for active conduct of exempt activities | $14,112 | $4,833 | $11,581 | $4,774 | $35,300 |
| Value of all assets | $370,424 | $377,473 | $370,182 | $374,718 | $1,492,797 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $370,424 | $377,473 | $370,182 | $374,718 | $1,492,797 |
| 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 Indiana | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Jennings County Economic Development Commission Inc | PO BOX 15, North Vernon, IN 47265-0015 | IN | $862,233 | |
| 2 | Jennings County Edit Corporation | 7473 W Creekside Dr, New Palestine, IN 46163-9483 | IN | 1996-05 | $354,005 |
| 3 | Jennings County Family Ymca | 1593 N State St, North Vernon, IN 47265-6011 | IN | 1997-11 | $169,163 |
| 4 | Jennings County Humane Society Inc | PO BOX 251, North Vernon, IN 47265 | IN | 1976-03 | $21,852 |
| 5 | Jennings County Swim Club Incorporated | Po Box 769, North Vernon, IN 47265 | IN | 2004-05 | $31,383 |
| 6 | Jennings County United Way Inc | PO BOX 446, North Vernon, IN 47265-0446 | IN | 1972-08 | $289,018 |
| 7 | Jennings Township Volunteer Fire Dept | PO BOX 41, Austin, IN 47102-0041 | IN | 1993-08 | $83,609 |
| 8 | Jennings Villas Inc | 1050 W Oandm Ave, North Vernon, IN 47265 | IN | 1979-11 | $4,942 |
| 9 | Jennings Water Inc | 1595 E Buckeye St, North Vernon, IN 47265-9796 | IN | 1979-08 | $2,174,889 |
| 10 | Jericho Society For Pet Population Control Inc | PO BOX 187, Danville, IN 46122-0187 | IN | 1987-03 | $11,930 |
| 11 | Jerry E Clegg Foundation | 1782 N 400 E, Lafayette, IN 47905-8857 | IN | 1965-01 | $7,064 |
| 12 | Jerry L Burris And Barbara J Burris Foundation Inc | PO BOX 80238, Indianapolis, IN 46280-0238 | IN | 1994-06 | $1,248,210 |
| 13 | Jerry Sivnksty Evangelistic Assoc Inc | 470 S Mitthoeffer Rd, Indianapolis, IN 46229-3058 | IN | 1986-06 | $84,747 |
| 14 | Jesus In Haiti Ministries Inc | 6066 E State Blvd, Fort Wayne, IN 46815-7639 | IN | 2014-02 | $761,212 |
| 15 | Jesus Inside Prison Ministry Inc | PO BOX 88489, Indianapolis, IN 46208-0489 | IN | 1981-09 | $140,461 |
| 16 | Jesus Open Arms Mission Inc | 5721 N County Road 1330 E, Russiaville, IN 46979-9033 | IN | 1991-10 | $514,795 |
| 17 | Jewish Community Center Association Of Indianapolis Incorporated | 6701 Hoover Rd, Indianapolis, IN 46260-4120 | IN | 1947-06 | $6,969,421 |
| 18 | Jewish Community Relations Council Of Indianapolis | 1100 West 42nd St, Indianapolis, IN 46208-3346 | IN | 1956-09 | $282,905 |
| 19 | Jewish Federation Of Greater Lafayette Inc | PO BOX 3802, W Lafayette, IN 47996-3802 | IN | 2000-04 | $38,761 |
| 20 | Jewish Federation Of Northwest Indiana Inc | 585 Progress Ave, Munster, IN 46321-5807 | IN | 1955-01 | $1,081,428 |
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