Walter And Sarah Diener Foundation Inc in Silver Spring, Maryland (MD)

Walter And Sarah Diener Foundation Inc
Employer Identification Number (EIN)	521357403
Name of Organization	Walter And Sarah Diener Foundation Inc
In Care of Name	Lewis K Kest & Assoc
Address	1110 Bonifant Street, Silver Spring, MD 20910-3358
Activities	Gifts or grants to individuals (other than scholarships)
Subsection	Charitable Organization
Ruling Date	12/1984
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$1,000,000 to $4,999,999
Income	$100,000 to $499,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$1,612,086
Amount of Income	$194,811
Form 990 Revenue Amount	$157,302

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	$104,646	$94,380	$94,380
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$3,614
Dividends and interest from securities	$90,766
Gross rents	$0
Gross sales price for all assets	$100,431
Gross profit from sales of goods	$0
Other income	$0
Other	$10,266
Total expenses and disbursements	$148,342	$0	$0	$99,050
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$45,407
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$49,292	$0		$0
Contributions, gifts, grants paid	$99,050
Excess of revenue over expenses and disbursements	$-43,696
Net investment income		$94,380
Adjusted net income			$94,380

	2012		2013		2014
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$1,641,593	$1,834,172	$1,592,232	$1,998,625	$1,612,086	$2,214,556
Cash - non-interest-bearing	$0		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$1,226,595		$1,423,754		$1,455,498
Investments-corporate bonds	$0		$65,695		$51,619
Investments-mortgage loans	$377,558		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$259,999		$1		$63,550
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$0		$0
Total liabilities and net assets/fund balances	$1,381,594		$1,592,232		$1,548,536

	2012	2013	2014
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$98,393	$239,689	$10,266
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	$1,178	$1,470	$944
Total credits and payments	$514	$1,200	$1,600
Current year estimated tax payments and previous year's overpayment credited to current year	$514	$1,200	$1,600
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	$3	$0
Tax due		$273	$0
Overpayment		$0	$656
Amount to be credited to next year's estimated tax	$0	$0	$656

	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	$1,631,564	$1,873,450	$2,114,769
Net value of noncharitable-use assets		$1,845,348	$2,083,047
Minimum investment return	$80,355	$92,267	$104,152

	2012	2013	2014
Distributable Amount
Distributable amount	$79,177	$90,797	$103,208

	2012	2013	2014
Undistributed Income
Distributable amount for this year	$79,177	$90,797	$103,208
Undistributed income for this year. This amount must be distributed in the next year	$76,488	$90,797	$94,955

	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	$0	$3,614
Dividends and interest from securities	$0	$90,766

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 Walter And Sarah Diener Foundation Inc to others? (optional)

Yes

Add photo of Walter And Sarah Diener 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 (18.225.57.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD
Roxies Fund Inc in Silver Spring, MD
National Ku Klux Klan Museum Inc in Silver Spring, MD
Scottish Terrier Club Of Greater Washington Dc Inc in Silver Spring, MD
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
Phoenix Wildlife Center Inc in Phoenix, 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

Recently Added Reviews

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

Roxies Fund Inc in Silver Spring, MD

National Ku Klux Klan Museum Inc in Silver Spring, MD

Scottish Terrier Club Of Greater Washington Dc Inc in Silver Spring, MD

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

Phoenix Wildlife Center Inc in Phoenix, 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

Id	Name	Address	State	Established	Total Income
Other organizations in Maryland
1	Waldorf Youth Sports Inc, Waldorf Wildcats	Po Box 1230, Waldorf, MD 20604	MD	2009-06	$0
2	Walk The Walk Foundation Inc	PO BOX 342, Millersville, MD 21108-0342	MD	2005-09	$47,291
3	Walkersville High School Athletic Boosters Inc	PO BOX 98, Walkersville, MD 21793-0098	MD	1979-11	$218,723
4	Walkersville High School Band Boosters Inc	PO BOX 616, Walkersville, MD 21793-0616	MD	2010-04	$27,057
5	Walkersville Middle School Ptsa	55 W Frederick Street, Walkersville, MD 21793	MD	1969-05	$0
6	Walkersville Volunteer Rescue Co Inc	PO BOX 202, Walkersville, MD 21793-0202	MD	1982-10	$510,615
7	Walking With Purpose Inc	PO BOX 1552, Millersville, MD 21108-4552	MD	1946-03	$480,826
8	Walt Whitman All Sports Booster Club Inc	7100 Whittier Blvd, Bethesda, MD 20817-6170	MD	1996-08	$153,106
9	Walt Whitman High School Speech & Debate Inc	7100 Whittier Blvd, Bethesda, MD 20817-6170	MD	2011-02	$47,016
10	Walt Whitman Music Boosters Inc	7100 Whittier Blvd, Bethesda, MD 20817	MD	2010-02	$0
11	Walter And Sarah Diener Foundation Inc	1110 Bonifant Street, Silver Spring, MD 20910-3358	MD	1984-12	$194,811
12	Walter Johnson All School Booster Club	6400 Rock Spring Dr, Bethesda, MD 20814-1913	MD	2005-02	$153,575
13	Walter Johnson High School Education Foundation Inc	6400 Rock Spring Dr, Bethesda, MD 20814-1913	MD	2006-08	$15,360
14	Walters Art Museum Foundation Inc	600 N Charles St, Baltimore, MD 21201-5118	MD	1981-02	$11,461
15	Warfield Development Corporation	7547 Main St, Sykesville, MD 21784-7366	MD	2002-12	$84,446
16	Warren Family Inc	11 President Point Dr Unit B1, Annapolis, MD 21403-2394	MD	2001-11	$20,361
17	Warriors Baseball Club Of Charles County	PO BOX 1170, La Plata, MD 20646-1170	MD	2008-06	$36,439
18	Washington Adventist University Inc	7600 Flower Ave, Takoma Park, MD 20912-7744	MD	1942-06	$41,304,187
19	Washington Apple Pi Ltd	PO BOX 6800, Silver Spring, MD 20916-6800	MD	1982-03	$30,075
20	Washington Area Council Of Engineering Laboratories Inc	7508 Wisconsin Avenue, Bethesda, MD 20814-3561	MD		$433,750

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Walter And Sarah Diener Foundation Inc and has no official or unofficial affiliation with Walter And Sarah Diener Foundation Inc