Grover Gronin Memorial Foundation in Detroit, Michigan (MI)
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 Michigan
| Grover Gronin Memorial Foundation | |
| Employer Identification Number (EIN) | 046186980 |
| Name of Organization | Grover Gronin Memorial Foundation |
| In Care of Name | Comerica Bank & Trust Na Custodia |
| Address | PO BOX 75000, Detroit, MI 48275-7874 |
| Activities | Gifts, grants, or loans to other organizations, Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 12/1968 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $212,933 |
| Amount of Income | $14,804 |
| Form 990 Revenue Amount | $-1,285 |
Non-representatives - add comments:
Revenue for 2012
Expenses 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 | $18,347 | $18,341 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $20 | |||
| Dividends and interest from securities | $15,255 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1,952 | |||
| Other | $1,120 | |||
| Total expenses and disbursements | $44,185 | $11,587 | $0 | $32,500 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $12,135 | $11,587 | $450 | |
| Contributions, gifts, grants paid | $32,050 | |||
| Excess of revenue over expenses and disbursements | $-25,838 | |||
| Net investment income | $6,754 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $242,635 | $625,428 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $55,993 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $82 | |
| Other | $186,560 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $242,635 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $1,120 |
| 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 | $135 |
| Total credits and payments | $364 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $64 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $300 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $229 |
| Amount to be credited to 2013 estimated tax | $136 |
| 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? | No |
| 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? | Yes |
| 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 | $648,627 |
| Net value of noncharitable-use assets | $638,900 |
| Minimum investment return | $31,945 |
| Distributable Amount (for 2012) | |
| Distributable amount | $31,810 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $31,810 |
| 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 | $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 Michigan | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Gildas Club Greater Lansing | 1400 Abbott Rd Ste 400, East Lansing, MI 48823-1900 | MI | 2000-01 | $1,092 |
| 2 | Gildas Club-Metro Detroit | 3517 Rochester Rd, Royal Oak, MI 48073-2814 | MI | 1994-07 | $605,240 |
| 3 | Gilead Group Inc | 3830 Packard Rd Ste 210-B, Ann Arbor, MI 48108-2051 | MI | 2004-02 | $57,070 |
| 4 | Gilead Healing Ministries | 306 S Creyts Rd, Lansing, MI 48917-8289 | MI | 2004-11 | $393,540 |
| 5 | Gillespie Adult Foster Care Inc | 448 S Fox Hill Dr, Bloomfield Hills, MI 48304-1352 | MI | 1997-07 | $84,863 |
| 6 | Gillett Family Foundation | 3100 Boynton Ave Ne, Ada, MI 49301-9748 | MI | 2008-03 | $7,568,781 |
| 7 | Gilmore Foundation | PO BOX 3636, Grand Rapids, MI 49501-3636 | MI | 1959-04 | $49,913 |
| 8 | Frederick W & Lillian C Schwartz Charitable Tr Cua 02241999, Betty Staffenson Ttee | PO BOX 75000, Detroit, MI 48275-0001 | MI | $735,792 | |
| 9 | Greyhound Club Of America | 5602 Bacon Road, Petersburg, MI 49270 | MI | 2004-12 | $0 |
| 10 | Graham R Putnam Family Foundation | 7645 Blue Gentian Ct, Dexter, MI 48130-9337 | MI | 1998-01 | $23,769 |
| 11 | Grover Gronin Memorial Foundation | PO BOX 75000, Detroit, MI 48275-7874 | MI | 1968-12 | $14,804 |
| 12 | Gino And Luciana Diclemente Foundation | 28105 Greenfield Rd, Southfield, MI 48076-3046 | MI | 1999-02 | $317,727 |
| 13 | Girl Scouts Fair Winds Council Inc | 2300 Austins Pkwy, Flint, MI 48507-1363 | MI | 1942-07 | $3,209,914 |
| 14 | Girl Scouts Heart Of Michigan | 5470 Davis Rd, Saginaw, MI 48604-9419 | MI | 1960-01 | $8,996,079 |
| 15 | Girl Scouts Of America Michigan Pine & Dunes Council | 1217 E River Rd, Muskegon, MI 49445-8585 | MI | 1949-06 | $1,420,541 |
| 16 | Girl Scouts Of Crooked Tree | 1820 Oak Hollow Dr, Traverse City, MI 49686 | MI | 1973-09 | $1,644,804 |
| 17 | Girl Scouts Of Southeastern Michigan | 3011 W Grand Blvd Ste 500, Detroit, MI 48202-3012 | MI | 1958-11 | $14,018,684 |
| 18 | Girl Scouts Of Metro Detroit, Troop 3075 | 3011 W Grand Blvd Ste 500, Detroit, MI 48202-3012 | MI | 1982-03 | $7,696,813 |
| 19 | Girl Scouts Of Michigan Capital Council | 1974 Cedar St, Holt, MI 48842-1832 | MI | 1942-09 | $2,159,766 |
| 20 | Girl Scouts Of Michigan Shore To Shore, Michigan Trails Girl Scout Council | 3275 Walker Ave Nw, Grand Rapids, MI 49544-9775 | MI | 1947-09 | $5,351,475 |
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