Stone Foundation in Lafayette, Louisiana (LA)
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 Louisiana
| Stone Foundation | |
| Employer Identification Number (EIN) | 581649426 |
| Name of Organization | Stone Foundation |
| In Care of Name | The Stone Petroleum Corp |
| Address | 221 Rue De Jean Ste 127, Lafayette, LA 70508-3283 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 12/1986 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2010 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $105,648 |
| Amount of Income | $85,297 |
| Form 990 Revenue Amount | $72,062 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $72,062 | $31,518 | $414 | |
| Contributions, gifts, grants, etc., received | $40,544 | |||
| Interest on savings and temporary cash investments | $414 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $31,104 | |||
| Total expenses and disbursements | $38,146 | $0 | $0 | $37,250 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $896 | $0 | $0 | |
| Contributions, gifts, grants paid | $37,250 | |||
| Excess of revenue over expenses and disbursements | $33,916 | |||
| Net investment income | $31,518 | |||
| Adjusted net income | $414 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $108,460 | $108,460 |
| Cash - non-interest-bearing | $108,460 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $108,460 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $31,104 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $630 |
| Total credits and payments | $645 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $645 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $15 |
| Tax due | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $77,629 |
| Net value of noncharitable-use assets | $76,460 |
| Minimum investment return | $3,823 |
| Distributable Amount (for 2011) | |
| Distributable amount | $3,193 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $3,193 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 Louisiana | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | State Chartered Credit Unions In Louisiana, Terminal Credit Union | 1215 Clearview Pkwy, Metairie, LA 70001-3419 | LA | 1969-08 | $746,014 |
| 2 | State Chartered Credit Unions In Louisiana, Vermilion Schl Emplys Credit Union | PO BOX 848, Abbeville, LA 70511-0848 | LA | 1969-08 | $283,292 |
| 3 | State Line Fishing & Hunting Club Inc | PO BOX 324, Greenwood, LA 71033-0324 | LA | 1960-03 | $114,206 |
| 4 | Stella Roman Foundation | 1010 Common Street, New Orleans, LA 70112-2401 | LA | 1946-03 | $756,724 |
| 5 | Step Martin Evangelistic Ministries | 413 Danbury Dr, Shreveport, LA 71106-6817 | LA | 1998-09 | $32,552 |
| 6 | Step Up Inc | 1730 Elizabeth Ave, Shreveport, LA 71101-4503 | LA | 1991-10 | $270,090 |
| 7 | Steps Inc | 2783 Plank Rd, Baton Rouge, LA 70805-8032 | LA | 1998-12 | $215,118 |
| 8 | Sterling Grove Housing Development | 110 Statesman Drive, Lafayette, LA 70506-8277 | LA | 1985-08 | $270,463 |
| 9 | Stewart Charitable Foundation | 1119 Central Ave, Metairie, LA 70001-5754 | LA | 2004-12 | $1 |
| 10 | Stlandry-Evangeline Sexual Assault Center Foundation | 539 E Prudhomme St, Opelousas, LA 70570-6499 | LA | 2000-05 | $116,448 |
| 11 | Stone Foundation | 221 Rue De Jean Ste 127, Lafayette, LA 70508-3283 | LA | 1986-12 | $85,297 |
| 12 | Stonegate Condominium Association Inc | 1223 Macarthur Dr, Alexandria, LA 71303 | LA | 2008-03 | $0 |
| 13 | Stratford Club | 818 Gravier Street, New Orleans, LA 70112-1476 | LA | 1952-06 | $721,009 |
| 14 | Stream Foundation | PO BOX 40, Lake Charles, LA 70602-0040 | LA | 1984-03 | $1 |
| 15 | Strike Ii Ministries Inc | PO BOX 1288, Ponchatoula, LA 70454-1288 | LA | 1998-06 | $606,501 |
| 16 | Strive Incorporated | 1139 Napoleon Ave, New Orleans, LA 70115-2820 | LA | 1972-11 | $1,674,387 |
| 17 | Stumpf Family Foundation | 1700 Central Blvd, Harvey, LA 70058-3282 | LA | 2005-07 | $1 |
| 18 | Success Counseling Services-North, Success Insite | 1504 Barksdale Blvd, Bossier City, LA 71111-4602 | LA | 1998-01 | $1,391,216 |
| 19 | Success Preparatory Academy | 2011 Bienville St, New Orleans, LA 70112-3313 | LA | 2009-05 | $5,852,562 |
| 20 | Sue Sue Charitable Foundation | 1631 Octavia St, New Orleans, LA 70115-5042 | LA | 2007-01 | $686,223 |
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