H Herbert Rich Memorial Endowment Fund in Okemos, Michigan (MI)

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H Herbert Rich Memorial Endowment Fund
Employer Identification Number (EIN)383348195
Name of OrganizationH Herbert Rich Memorial Endowment Fund
In Care of NameGlenn D Kirk
Address2043 Hamilton Rd, Okemos, MI 48864-2104
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization, Educational Organization
Ruling Date06/1997
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$161,430
Amount of Income$7,297
Form 990 Revenue Amount$7,297
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


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Amount of income in 2013: $7,297 (it was $35,806 in 2011)
This organization: 

 $7,297
Other organizations performing similar types of work: 

 $159,989

Assets in 2013: $161,430 (it was $146,328 in 2011)
H Herbert Rich Memorial Endowment Fund: 

 $161,430
Other organizations performing similar types of work: 

 $232,109

Expenses in 2013: $13,308
H Herbert Rich Memorial Endowment Fund: 

 $13,308
Other organizations performing similar types of work: 

 $84,860

Income to expenses ratio in 2013: 0.5
H Herbert Rich Memorial Endowment Fund: 

 0.5
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 35.4%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201020112013
Total revenue$4,817$5,839$7,297
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$4,817$5,585$7,297
Gain/Loss from sale of assets other than inventory$0$254$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$109$4,304$13,308
Total net assets$152,909$146,328$161,430
Excess/Deficit for the year$4,708$1,535$-6,011
Net assets or fund balances at beginning of year$140,129$152,909$158,388
Other changes in net assets or fund balances$8,072$-8,116$9,053
Net assets or fund balances at end of year$161,430
Balance Sheets
201020112013
Total assets$152,909$146,328$161,430
Total liabilities$0$0$0
Net assets or fund balances$152,909$146,328$161,430
Other Information
201020112013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$13,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Uvmc Foundation3130 N County Road 25a, Troy, OH 45373-1337OH1998-05$3,212,155
2Richard A Odom Family Foundation, Arizona Community Foundation2201 E Camelback 405b, Phoenix, AZ 85016-3431AZ1998-01$2,034,934
3Royal E Rostenbach Foundation, Rostenbach Royal & Margaret B TteesPO BOX 803878, Chicago, IL 60680-3878IL1996-12$1,819,455
4Disability Advocates Of Kent County3600 Camelot Drive Se, Grand Rapids, MI 49546-8103MI1998-03$1,537,397
5S O C K Outstanding Students S O S Academy Inc6974 Wilson Blvd, Jacksonville, FL 32210-3663FL1998-10$1,279,682
6Reflections Ministries Inc3565 Piedmont Rd Ne Bldg 1-130, Atlanta, GA 30305-8204GA1998-10$1,257,394
7Theodore H Cutler Fam Tr, Cutler Theodore H And Joan Ttee300 First Avenue Room 300, Needham, MA 02494-2736MA1995-07$1,051,593
8Suzuki Music School Of Westport Inc212 Post Rd W, Westport, CT 06880-4604CT1998-09$986,354
9Joan & Verlin Jackson Foundation405 W Williams St, Atkinson, IL 61235-9789IL1998-06$945,722
10Samaritan Counseling Services Of The Gulf Coast Inc3224 Bee Ridge Rd, Sarasota, FL 34239-7201FL1997-10$805,398
11William And Sedelle Z Belson Tua 356-1106401 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC1996-10$561,354
12Will Smith Foundation1880 Century Park E Ste 1600, Los Angeles, CA 90067-1661CA1997-03$560,000
13Sarnoff Levin Family Supporting Foundation30 South Wells Street No 4049, Chicago, IL 60606-5054IL1997-08$555,832
14Stager Charitable Tr Fbo ZionPO BOX 3215, Lancaster, PA 17604-3215PA1997-12$482,573
15Rushing Family Foundation Inc2737 82nd St, Lubbock, TX 79423-1429TX1995-08$413,740
16Smith County Community Child Care Center Inc245 Jmz Dr, Gordonsville, TN 38563-2108TN1997-08$393,645
17Babbitt Charitable Tr No 3, Cole H Kenneth TteeC/O Hillsdale College, Hillsdale, MI 49242MI1997-09$12,558
18H Herbert Rich Memorial Endowment Fund2043 Hamilton Rd, Okemos, MI 48864-2104MI1997-06$7,297
19Friends Of The Ramsdell70 Maple Street, Manistee, MI 49660MI1993-08$0
20Restoration Christian Fellowship, Freedom Gateway Center31590 Grand River Ave, Farmington, MI 48336-4232MI1998-10$0
Number of organizations performing similar types of work
Alabama6
Arizona4
California10
Colorado4
Connecticut5
District of Columbia6
Delaware1
Florida30
Georgia14
Iowa1
Illinois12
Indiana4
Kansas1
Kentucky2
Louisiana9
Massachusetts13
Maryland20
Michigan5
Minnesota2
Mississippi2
North Carolina14
New Hampshire2
New Jersey13
New York27
Ohio8
Oklahoma1
Pennsylvania15
Rhode Island3
South Carolina4
Tennessee7
Texas10
Utah1
Virginia14
Vermont1
Wisconsin2
Wyoming1
International1
Total275

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