River Foundation Inc in Stanford, Kentucky (KY)

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River Foundation Inc
Employer Identification Number (EIN)611190262
Name of OrganizationRiver Foundation Inc
In Care of Name1st Southern Bancorp
AddressPO BOX 328, Stanford, KY 40484-0328
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1991
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$25,000 to $99,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$66,506
Amount of Income$742,527
Form 990 Revenue Amount$742,527


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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$1,341,411
Contributions, Gifts, Grants and Other Similar Amounts$1,340,748
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$663
Income from investment of tax-exempt bond proceeds$0
Royalties$0
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$1,353,378
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$1,353,378
Balance Sheet (for 2012)
Total assets$86,494
Total liabilities$0
Total net assets or fund balances$86,494
Retained earnings, endowment, accumulated income, or other funds$0
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)
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