Howard & Alice Settle Foundationfor An Invincible America Inc in Lexington, Kentucky (KY)

Organization representatives - add corrected or new information about Howard & Alice Settle Foundationfor An Invincible America Inc »

Non-representatives - add comments about Howard & Alice Settle Foundationfor An Invincible America Inc»

Howard & Alice Settle Foundationfor An Invincible America Inc
Employer Identification Number (EIN)205981141
Name of OrganizationHoward & Alice Settle Foundationfor An Invincible America Inc
In Care of NameHoward Settle
Address1537 Bull Lea Rd, Lexington, KY 40511-1200
SubsectionCharitable Organization
Ruling Date09/2007
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$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$18,104,832
Amount of Income$8,836,624
Form 990 Revenue Amount$8,503,314
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising and/or Fund Distribution


Non-representatives - add comments:


CAPTCHA

Your IP address 52.14.221.113 will be logged.

Amount of income in 2013: $8,836,624
This organization: 

 $8,836,624
Other organizations performing similar types of work: 

 $72,190

Assets in 2013: $18,104,832
This organization: 

 $18,104,832
Other organizations performing similar types of work: 

 $42,723

Expenses in 2012: $12,922,931
This organization: 

 $12,922,931
Other organizations performing similar types of work: 

 $42,209

Income to expenses ratio in 2012: 0.7
This organization: 

 0.7
Other organizations performing similar types of work: 

 0.4

Expenses allocated to program services in 2007: 99.9%
This organization: 

 99.9%
Other organizations performing similar types of work: 

 88.1%

Grants share in income in 2012: 54.5%
Howard & Alice Settle Foundationfor An Invincible America Inc: 

 54.5%
Other organizations performing similar types of work: 

 4.7%

Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$9,475,706
Contributions, Gifts, Grants and Other Similar Amounts$5,160,524
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$72,243
Income from investment of tax-exempt bond proceeds$0
Royalties$4,242,939
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$12,922,931
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$12,922,931
Balance Sheet (for 2012)
Total assets$16,948,453
Total liabilities$0
Total net assets or fund balances$16,948,453
Retained earnings, endowment, accumulated income, or other funds$16,948,453
Reason for Public Charity Status (for 2012)
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)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2007
Total revenue$11,584,366
Contributions, gifts, grants, and similar amounts received$10,771,536
Contributions to donor advised funds$0
Direct public support$10,771,536
Indirect public support$0
Government contributions (grants)$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Interest on savings and temporary cash investments$31,825
Dividends and interest from securities$123,761
Net rental income or (loss)$0
Gross rents$0
Less: rental expenses$0
Other investment income$0
Gain or (loss) from sales of assets other than inventory$657,244
Gross amount from sales of assets other than inventory$7,578,780
Less: cost or other basis and sales expenses$6,921,536
Net income or (loss) from special events and activities$0
Gross revenue$0
Less: direct expenses other than fundraising expenses$0
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$0
Total expenses$6,049,978
Program services$6,045,708
Management and general$4,270
Fundraising$0
Payments to affiliates$0
Net assets or fund balances at end of year$6,924,323
Excess or (deficit) for the year$5,534,388
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$1,389,935
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,049,978$6,045,708$4,270$0
Grants paid from donor advised funds$0
Other grants and allocations$6,045,708
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$1,287$0$1,287$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$2,983$0$2,983$0
Balance Sheets
2007
Total assets$6,924,323
Cash - non-interest-bearing$1,095,146
Savings and temporary cash investments$1,428,019
Accounts receivable less allowance for doubtful accounts$0
Pledges receivable less allowance for doubtful accounts$0
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$0
Investments - publicly-traded securities$0
Investments - other securities$0
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$4,389,936
Land, buildings, and equipment less accumulated depreciation$0
Other assets, including program-related investments$11,222
Total liabilities$0
Accounts payable and accrued expenses$0
Grants payable$0
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$0
Other liabilities$0
Total liabilities and net assets/fund balances$6,924,323
Total net assets or fund balances$6,924,323
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2007
Total revenue$0
Total revenue, gains, and other support per audited financial statements$0
Other expenses$0
Net unrealized gains on investments$0
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$0
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2007
Total expenses$0
Total expenses and losses per audited financial statements$0
Other revenue$0
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$0
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings7
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$812,830$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$31,825$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$123,761$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$657,244$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType I
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
391896290Maharishi University Of Management Public FoundationOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$0
200817485United States Peace GovernmentOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$0
522052522Maharishi Global Development FundOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$4,000,000
364519393Global Country Of World PeaceOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$2,045,708
043351250Maharishi Vedic FoundationOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$0
Total$6,045,708
Support Schedule
2006
Total$0
Gifts, grants, and contributions received$0
Membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Howard & Alice Settle Foundationfor An Invincible America Inc to others? (optional)
  
Add photo of Howard & Alice Settle Foundationfor An Invincible America Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Rotary International, South Hill Rotary ClubPO BOX 922, South Hill, VA 23970-0922VA2008-06$70,044
2Unbridled Charitable Foundation IncPO BOX 7331, Louisville, KY 40257-0331KY2014-04$578,352
3Mary L Stockdell-Joseph J Leary TrPO BOX 309, Frankfort, KY 40602-0309KY2012-02$464,745
4O Wayne And Glenda Sue Mortenson Charitable Foundation In11204 Bodley Dr, Louisville, KY 40223-1386KY2009-10$88,878
5Kentucky Pro Football Hall Of Fame Inc3364 Leestown Road, Lexington, KY 40511KY2012-01$77,548
6Bluegrass Buckeye Charity Classic Inc2402 Parrish Hill Ln, Crestview Hls, KY 41017-4703KY2012-07$76,549
7St James Charitable Foundation Inc4400 Breckinridge Lane, Louisville, KY 40218-4135KY2009-02$12,123
8Shirleys Way, Cancer Is Stupid3801 Crestridge Dr, Louisville, KY 40272-2901KY2014-08$11,000
9Old Louisville Meets New Louisville Incorporated6111 Rodes Drive, Louisville, KY 40222KY2010-03$10,175
10Rotary Club Of Hurstbourne Sunrise Foundation IncPo Box 24541, Louisville, KY 40224KY2015-04$7,725
11Fern Creek Womans ClubPo Box 91873, Louisville, KY 40291KY2007-02$5,429
12Abbis Light675 Rough Cir, Bowling Green, KY 42104-5544KY2006-01$0
13Brothers Keepers Motorcycle Club 6th330 Viley Lane, Georgetown, KY 40324KY2011-04$0
14Building Industry Charitable Foundation Inc1000 N Hurstbourne Pky, Louisville, KY 40223KY2009-07$0
15Caring Hearts Of Nicholas County Inc2578 Upper Jackstown Road, Carlisle, KY 40311KY2011-01$0
16Charitable Golf Foundation2331 Danbury Ln, Ft Mitchell, KY 41017-2867KY2011-04$0
17Christian School Trust Fund106 Country Club Dr, Central City, KY 42330-2035KY2000-10$0
18Four Leaf Family Foundation639 Philadelphia St, Covington, KY 41011-1276KY2014-11$0
19Fraternal Order Of Eagles 3903 Ladies Auxiliary Inc3501 College Drive, Louisville, KY 40299KY2001-01$0
20Friends For Life Foundation Inc, Friends For Life FoundationPo Box 262, Alexandria, KY 41001KY2006-07$0
Number of organizations performing similar types of work
Alaska6
Alabama40
Arkansas22
Arizona64
California413
Colorado82
Connecticut60
District of Columbia24
Delaware23
Florida243
Georgia99
Hawaii14
Iowa31
Idaho14
Illinois135
Indiana57
Kansas27
Kentucky41
Louisiana31
Massachusetts116
Maryland90
Maine12
Michigan90
Minnesota68
Missouri61
Mississippi13
Montana14
North Carolina108
North Dakota7
Nebraska16
New Hampshire17
New Jersey148
New Mexico10
Nevada35
New York266
Ohio131
Oklahoma35
Oregon47
Pennsylvania143
Rhode Island26
South Carolina46
South Dakota11
Tennessee50
Texas243
Utah31
Virginia114
Vermont7
Washington72
Wisconsin58
West Virginia18
Wyoming8
International7
Total3,544

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Howard & Alice Settle Foundationfor An Invincible America Inc and has no official or unofficial affiliation with Howard & Alice Settle Foundationfor An Invincible America Inc