Bates Foundation in Bloomfield Hills, Michigan (MI)

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Bates Foundation
Employer Identification Number (EIN)383278032
Name of OrganizationBates Foundation
In Care of NameGwendolyn H Bates
Address49059 Woodward Ave Ste 306, Bloomfield Hills, MI 48304
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date04/1996
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$32,248
Amount of Income$825
Form 990 Revenue Amount$959
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations


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Amount of income in 2013: $825 (it was $722 in 2012)
Bates Foundation: 

 $825
Other organizations performing similar types of work: 

 $120,021

Assets in 2013: $32,248 (it was $33,948 in 2012)
This organization: 

 $32,248
Other organizations performing similar types of work: 

 $470,342

Expenses in 2013: $3,065
Bates Foundation: 

 $3,065
Other organizations performing similar types of work: 

 $61,754

Income to expenses ratio in 2013: 0.3
This organization: 

 0.3
Other organizations performing similar types of work: 

 2.0

Grants share in income in 2013: 100.0%
Bates Foundation: 

 100.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$825$787$0
Contributions, gifts, grants, etc., received$825
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$3,065$65$0$3,000
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$65$65$0
Contributions, gifts, grants paid$3,000
Excess of revenue over expenses and disbursements$-2,240
Net investment income$722
Adjusted net income$0
Balance Sheets
2010201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$42,656$49,217$37,850$39,572$33,948$41,032$32,248$43,276
Cash - non-interest-bearing$2$3$0$0
Investments-U.S. and state government obligations$0$0$0$0
Investments-corporate stock$968$968$968$968
Investments-corporate bonds$0$0$0$0
Investments-mortgage loans$0$0$0$0
Investments-other$40,540$34,820$31,674$28,776
Other assets$0$0
Total liabilities$0$0$0$0
Total liabilities and net assets/fund balances$42,656$37,850$33,948$32,248
Capital Gains and Losses for Tax on Investment Income
2010201120122013
Capital gain net income$55$16$0$0
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
2010201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$9$10$13$14
Total credits and payments$0$0$0$0
Any penalty for underpayment of estimated tax$0$0$0$0
Tax due$13$14
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0$0
Statements Regarding Activities
2010201120122013
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?NoNoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
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?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
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?NoNoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
2010201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNoNo
Agree to pay money or property to a government official?NoNoNoNo
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?NoNo
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?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNoNo
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?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNoNo
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?NoNoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNoNo
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?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNoNo
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)?NoNoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNoNo
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?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
2010201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$47,228$48,303$46,887$42,725
Net value of noncharitable-use assets$46,184$42,084
Minimum investment return$2,326$2,379$2,309$2,104
Distributable Amount
2010201120122013
Distributable amount$2,317$2,369$2,296$2,090
Undistributed Income
2010201120122013
Distributable amount for this year$2,317$2,369$2,296$2,090
Undistributed income for this year. This amount must be distributed in the next year$0$0$2,296$2,090
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
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$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
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:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1U S-China Cultural Foundation920 E Lincoln St, Birmingham, MI 48009-3608MI1995-07$3,593,409
2The Ten Talent Foundation Ltd2435 Waite Ave, Kalamazoo, MI 49008-2231MI1995-08$1,273,102
3William Tuxbury Kutsche And Geraldene Gulliford KutschePO BOX 3636, Grand Rapids, MI 49501-3636MI1995-07$1,223,767
4St Aton Foundation IncPO BOX 547, Houghton, MI 49931-0547MI1995-01$815,976
5Universal Forest Products Foundation2801 E Beltline Ne, Grand Rapids, MI 49525-9680MI1995-06$761,381
6The Minkin Family Foundation41000 Woodward Ave Ste 120 E, Bloomfield Hills, MI 48304-5130MI1996-11$592,727
7Schalon Foundation4418 Tanglewood Trl, Saint Joseph, MI 49085-9686MI1997-04$543,389
8Velma M Skeen French TrPO BOX 309, Coldwater, MI 49036-0309MI1995-01$269,899
9The Brennan Family Charitable Trust, Brennan James R & Margaret M Ttees123 Noren Rd, Iron River, MI 49935-8478MI1996-06$225,240
10Schoonbeck Family Foundation310 Riders Trl Ne, Ada, MI 49301-9554MI1998-01$201,877
11Simon And Mary Vanderkooy Foundation5300 Northland Dr Ne Ste G, Grand Rapids, MI 49525-1058MI1995-09$68,165
12The Rones Foundation31710 Ridgeside Dr Apt 1, Farmingtn Hls, MI 48334-1274MI1996-08$59,120
13Stanley & Margaret Winkelman FoundationPO BOX 2030 6735 TELEGRAPH RD, Bloomfield Hills, MI 48301-3141MI1982-09$32,234
14Shubeck Monsour Foundation1500 Long Rd, Kalamazoo, MI 49008-1322MI1995-05$30,245
15Walter H & Ella Stevenson FdtnPO BOX 75000, Detroit, MI 48275-7874MI1996-07$28,111
16Thomara Latimer Foundation29209 Northwestern Hwy 528, Southfield, MI 48034-1006MI1998-11$26,649
17Stewardship Foundation2540 Floral Dr, Zeeland, MI 49464-9106MI1997-08$25,146
18The@aaron And Anne Ginsberg Foundation2025 W Long Lake Rd Ste 100, Troy, MI 48098-4100MI1998-01$626
19The Sekkarie FoundationC/O 26300 Telegraph Rd, Southfield, MI 48033MI1996-10$10
20Knowledge Charitable Foundation Inc C/O Prime Pvc Inc38955 Hills Tech Dr, Farmingtn Hls, MI 48331-3431MI1997-04$1
Number of organizations performing similar types of work
Alabama57
Arkansas13
Arizona25
California194
Colorado52
Connecticut33
District of Columbia19
Delaware17
Florida265
Georgia95
Hawaii12
Iowa17
Idaho7
Illinois126
Indiana58
Kansas19
Kentucky18
Louisiana33
Massachusetts75
Maryland77
Maine8
Michigan100
Minnesota45
Missouri17
Mississippi18
Montana7
North Carolina122
North Dakota2
Nebraska18
New Hampshire11
New Jersey112
New Mexico4
Nevada17
New York230
Ohio138
Oklahoma29
Oregon20
Pennsylvania166
Rhode Island22
South Carolina27
South Dakota2
Tennessee51
Texas160
Utah24
Virginia74
Vermont8
Washington23
Wisconsin52
West Virginia16
Wyoming7
International2
Total2,744

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