Shane Diggin Memorial Scholarship Charitable Trust in Abingdon, Maryland (MD)
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 Maryland
| Shane Diggin Memorial Scholarship Charitable Trust | |
| Employer Identification Number (EIN) | 521528429 |
| Name of Organization | Shane Diggin Memorial Scholarship Charitable Trust |
| Address | 606 Hookers Mill Rd, Abingdon, MD 21009-1124 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 12/1980 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $17,044 |
| Amount of Income | $2,861 |
| Form 990 Revenue Amount | $1,712 |
Non-representatives - add comments:
Revenue for 2012
Assets 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 | $2,861 | $811 | $811 | |
| Contributions, gifts, grants, etc., received | $2,050 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $811 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $33 | $33 | $33 | $33 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $33 | $33 | $33 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $2,828 | |||
| Net investment income | $778 | |||
| Adjusted net income | $778 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $17,044 | $17,939 |
| Cash - non-interest-bearing | $31 | |
| Investments-U.S. and state government obligations | $17,013 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $17,044 | |
| 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 | $17,287 |
| Net value of noncharitable-use assets | $16,780 |
| Minimum investment return | $839 |
| 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 | $1 | $0 | $0 | $0 | $1 |
| Qualifying distributions made directly for active conduct of exempt activities | $32 | $1,032 | $1,035 | $1,040 | $3,139 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $559 | $407 | $377 | $356 | $1,750 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Evangelical Society Of Churches Inc in Abingdon, 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
|
|
St Mary Episcopal Church in Woodlawn, MD
|
| Turning Point Church in Rockville, MD |
|
Beaverbrook Community Association Inc in Columbia, MD
|
|
Skye Foundation Inc in Suitland, MD
|
Kidcare Fund Inc in Towson, MD
 |
| Other organizations in Maryland | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Severna Park Junior High Instrument Boosters Assn Inc | PO BOX 291, Severna Park, MD 21146-0291 | MD | 1980-07 | $4,010 |
| 2 | Severna Park Kiwanis Club Foundation Inc | PO BOX 72, Severna Park, MD 21146-0072 | MD | 1990-05 | $17,201 |
| 3 | Severna Park Middle School Pto Inc | 450 Jumpers Hole Rd, Severna Park, MD 21146-1689 | MD | 2009-05 | $37,293 |
| 4 | Severna Park Swimming Association Inc | 623 Baltimore Annapolis Blvd, Severna Park, MD 21146-3941 | MD | 1995-04 | $410,574 |
| 5 | Sexual Assault Spouse Resource Center Inc | 20 N Main St, Bel Air, MD 21014-3538 | MD | 1981-10 | $1,878,171 |
| 6 | Sg Housing Corporation | 8611 Second Avenue Suite 400, Silver Spring, MD 20910-3372 | MD | 2002-06 | $122,503 |
| 7 | Shady Grove Pregnancy Center Inc | 16220 Frederick Rd Ste 118, Gaithersburg, MD 20877-4016 | MD | 1983-10 | $289,312 |
| 8 | Shady Side Elementary Pto | 4859 Atwell Rd, Shady Side, MD 20764 | MD | 2009-09 | $40,848 |
| 9 | Captain Avery Museum Inc | 1418 Ew Shadyside Road, Shady Side, MD 20764 | MD | 1985-11 | $191,910 |
| 10 | Shaft Volunteer Fire Co | 19303 Shaft Rd Sw, Frostburg, MD 21532-3743 | MD | 1940-12 | $533,574 |
| 11 | Shane Diggin Memorial Scholarship Charitable Trust | 606 Hookers Mill Rd, Abingdon, MD 21009-1124 | MD | 1980-12 | $2,861 |
| 12 | Shared Opportunity Service Inc | 601 High St, Chestertown, MD 21620-1124 | MD | 1997-08 | $321,701 |
| 13 | Shared Support Maryland Inc | 5115 Edmondson Ave, Baltimore, MD 21229-2337 | MD | 2009-12 | $565,863 |
| 14 | Sharing Gods Grace Foundation Inc | 14010 Twelve Oaks Ct, Clarksville, MD 21029-1152 | MD | 2010-08 | $167,787 |
| 15 | Sharpsburg Area Emergency Medical Service Inc | PO BOX 307, Sharpsburg, MD 21782-0307 | MD | 1984-05 | $729,412 |
| 16 | Shawe Family Charitable Foundation Inc | 1 South St Ste 1800, Baltimore, MD 21202-3338 | MD | 1988-02 | $1,361,676 |
| 17 | Sheet Metal Workers International Association, Local 100 | 4725 Silver Hill Road, Suitland, MD 20746-2400 | MD | 1940-10 | $6,289,314 |
| 18 | Sheet Metal Workers Local 1oo Scholarship Trust Fund, Charles Mankin Jr Ttee | 4725 Silver Hill Road, Suitland, MD 20746-2400 | MD | 1992-08 | $77,109 |
| 19 | Sheila Y Tolson Memorial Scholarship Fund Inc | 14607 Donegal Ct, Mitchellville, MD 20721-3229 | MD | 2004-09 | $5,675 |
| 20 | Sheldon And Audrey Katz Foundation Inc | PO BOX 4337, Silver Spring, MD 20914-4337 | MD | 1997-11 | $1,255,566 |
Organization representatives - add corrected or new information about Shane Diggin Memorial Scholarship Charitable Trust »
Non-representatives - add comments about Shane Diggin Memorial Scholarship Charitable Trust»