Richard & Rosalee C Davison Foundation Inc in Baltimore, Maryland (MD)

Richard & Rosalee C Davison Foundation Inc
Employer Identification Number (EIN)	521348965
Name of Organization	Richard & Rosalee C Davison Foundation Inc
Address	1233 W Mount Royal Ave, Baltimore, MD 21217-4176
Activities	Gifts, grants, or loans to other organizations
Subsection	Charitable Organization
Ruling Date	11/1984
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	07/2014
Assets	$1,000,000 to $4,999,999
Income	$500,000 to $999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$1,299,034
Amount of Income	$974,830
Form 990 Revenue Amount	$789,124

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2014)
Total revenue	$818,839	$768,545	$0
Contributions, gifts, grants, etc., received	$12,931
Interest on savings and temporary cash investments	$6,239
Dividends and interest from securities	$7,294
Gross rents	$0
Gross sales price for all assets	$749,090
Gross profit from sales of goods	$0
Other income	$199,276
Other	$593,099
Total expenses and disbursements	$894,185	$0	$0	$875,055
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$0
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$19,130	$0		$0
Contributions, gifts, grants paid	$875,055
Excess of revenue over expenses and disbursements	$-75,346
Net investment income		$768,545
Adjusted net income			$0

	2012		2013		2014
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$1,326,652	$1,671,736	$1,374,380	$1,966,271	$1,299,034	$1,556,577
Cash - non-interest-bearing	$18,696		$28,585		$19,233
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$18,171		$81,646		$38,586
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$247,522		$257,864		$201,781
Other assets			$991,068		$1,028,432
Total liabilities	$1		$1		$1
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$0		$0
Total liabilities and net assets/fund balances	$1,326,652		$1,374,380		$1,299,034

	2012	2013	2014
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$505,069	$544,198	$593,099
Net capital loss	$0	$0	$0

	2012	2013	2014
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$6,758	$7,087	$7,685
Total credits and payments	$7,229	$10,471	$18,384
Current year estimated tax payments and previous year's overpayment credited to current year	$7,229	$10,471	$18,384
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$0	$0
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$0	$0
Overpayment		$3,384	$10,699
Amount to be credited to next year's estimated tax	$471	$3,384	$10,699

	2012	2013	2014
Statements Regarding Activities
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	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2012	2013	2014
Statements Regarding Activities for Which Form 4720 May Be Required
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	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	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	No	No
Agree to pay money or property to a government official?	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	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	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	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	No	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	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2012	2013	2014
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$1,153,707	$1,163,940	$1,116,389
Net value of noncharitable-use assets		$1,146,481	$1,099,643
Minimum investment return	$56,820	$57,324	$54,982

	2012	2013	2014
Distributable Amount
Distributable amount	$50,062	$50,237	$47,297

	2012	2013	2014
Undistributed Income
Distributable amount for this year	$50,062	$50,237	$47,297
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2014	2013	2012	2011	Total
Private Operating Foundations (for 2011 - 2014)
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

Supplementary Information (for 2014)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2014)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$6,239	$0
Dividends and interest from securities	$7,294	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

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 Richard & Rosalee C Davison Foundation Inc to others? (optional)

Yes

Add photo of Richard & Rosalee C Davison Foundation Inc (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

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

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.135.195.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Continental Societies Inc, Baltimore Chapter in Baltimore, MD
House Of Miracles Inc in Baltimore, MD
Antioch Shelter Home Inc in Baltimore, MD
New Hope Bible College And Seminary Inc in Baltimore, MD
Camp Rock Inc in Baltimore, MD
Bayview Community Association Inc in Baltimore, MD
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
Phoenix Wildlife Center Inc in Phoenix, MD
Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD
Bright Eyes Sanctuary Inc in Hagerstown, MD

Recently Added Reviews

Continental Societies Inc, Baltimore Chapter in Baltimore, MD

House Of Miracles Inc in Baltimore, MD

Antioch Shelter Home Inc in Baltimore, MD

New Hope Bible College And Seminary Inc in Baltimore, MD

Camp Rock Inc in Baltimore, MD

Bayview Community Association Inc in Baltimore, MD

Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD

Phoenix Wildlife Center Inc in Phoenix, MD

Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD

Bright Eyes Sanctuary Inc in Hagerstown, MD

Id	Name	Address	State	Established	Total Income
Other organizations in Maryland
1	Retirees Association Martin Marietta Inc	PO BOX 18115, Middle River, MD 21220-0215	MD	1993-02	$0
2	Retrouvaille Of Washington Dc & Suburban Maryland Inc	1408 Thornden Rd, Rockville, MD 20851-2152	MD	1991-05	$23,743
3	Reusable Industrial Packaging Education Council, Ripec	8401 Corporate Dr Ste 450, Landover, MD 20785-2284	MD	2000-02	$613,845
4	Reuwer Family Charitable Foundation Inc	5300 Dorsey Hall Dr Ste 102, Ellicott City, MD 21042-7819	MD	2006-01	$100
5	Reval Foundation Inc	PO BOX 161, Riderwood, MD 21139-0161	MD	2006-12	$137,318
6	Revisions Community Housing Development Organization	1925 Greenspring Drive, Timonium, MD 21093-4128	MD	1994-03	$348,578
7	Revitz House Foundation Inc	6121 Montrose Rd, Rockville, MD 20852-4803	MD	1987-04	$4,769
8	Rfi Family Foundation Inc	7910 Woodmont Ave Ste 850, Bethesda, MD 20814-7021	MD	2002-12	$171,128
9	Cultured Pearls Of Service Incorporated	1498 Reisterstown Road, Pikesville, MD 21208-3817	MD	1991-04	$65,821
10	Rhythmflex Parents Association	7520 Lindbergh Dr, Gaithersburg, MD 20879-5402	MD	1996-02	$66,997
11	Richard & Rosalee C Davison Foundation Inc	1233 W Mount Royal Ave, Baltimore, MD 21217-4176	MD	1984-11	$974,830
12	Richard A Henson Charitable Foundation Inc	PO BOX 151, Salisbury, MD 21803-0151	MD	1990-02	$2,806,747
13	Learning Pathways Foundation Inc	PO BOX 6097, Lutherville, MD 21094-6097	MD	1989-09	$3,944,844
14	Richard Allen Community	1300 Mercantile Lane, Largo, MD 20774-5327	MD	1998-07	$1,000
15	Richard And Marianne Familyfoundation Inc	6000 Conway Rd, Bethesda, MD 20817-3431	MD	2007-03	$1
16	Richard And Regina Weinberger Charitable Foundation Inc	1 South St Fl 27, Baltimore, MD 21202-3282	MD	1996-12	$8,888
17	Richard E And Nancy P Marriott Foundation Inc	10400 Fernwood Rd Dept 901, Bethesda, MD 20817-1102	MD	1996-01	$1,394,500
18	Richard Family Foundation Inc	1107 Kenilworth Dr Ste 302, Baltimore, MD 21204-2135	MD	2000-09	$89,136
19	Richard N Funkhouser Foundation Inc	12323 Itnyre Rd, Smithsburg, MD 21783-1542	MD	1998-03	$815,891
20	Richard Telinde Trust Fbo Gynecological	PO BOX 1596, Baltimore, MD 21203-1596	MD	1991-03	$3,492,347

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Richard & Rosalee C Davison Foundation Inc and has no official or unofficial affiliation with Richard & Rosalee C Davison Foundation Inc