Maisel Foundation in Southfield, 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
| Maisel Foundation | |
| Employer Identification Number (EIN) | 383133484 |
| Name of Organization | Maisel Foundation |
| Address | 29260 Franklin Rd Apt 611, Southfield, MI 48034-1178 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 09/1993 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $366,323 |
| Amount of Income | $296,818 |
| Form 990 Revenue Amount | $16,857 |
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 | $15,040 | $15,102 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $12,311 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $2,791 | |||
| Total expenses and disbursements | $30,683 | $7,344 | $0 | $23,339 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $8,183 | $7,344 | $839 | |
| Contributions, gifts, grants paid | $22,500 | |||
| Excess of revenue over expenses and disbursements | $-15,643 | |||
| Net investment income | $7,758 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $366,145 | $388,191 |
| Cash - non-interest-bearing | $4,340 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $55,125 | |
| Investments-corporate bonds | $230,381 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $7,918 | |
| Other | $68,381 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $366,145 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-62 |
| 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 | $155 |
| Total credits and payments | $422 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $422 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $267 |
| Amount to be credited to 2013 estimated tax | $267 |
| 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? | 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 | $402,122 |
| Net value of noncharitable-use assets | $396,100 |
| Minimum investment return | $19,805 |
| Distributable Amount (for 2012) | |
| Distributable amount | $19,650 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $19,650 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Delta Fortitude Foundation in Southfield, MI
  |
Blue Water Pregnancy Care Center in Port Huron, MI
 |
|
Knights Of The Road Motorcycle Club in Detroit, MI
|
| Oakland County Bible Students Inc in Clawson, MI |
|
Mich Volunteer Legionary Corps Of Artillery in Owosso, MI
|
|
Ludington Recreation Soccer Board, Ludington Soccer Club in Ludington, MI
|
| Clinton River Ski Club in Boyne City, MI |
|
Rabbit & Small Animal Rescue in Westland, MI
|
|
Prison Legal Services Of Michigan Inc in Jackson, MI
|
|
Special Dreams Farm in New Baltimore, MI
|
| Other organizations in Michigan | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Mahogany Foundation | 2533 Carroll Rd, Traverse City, MI 49686-9356 | MI | 2003-09 | $276,381 |
| 2 | Mahp Foundation | 327 Seymour Ave, Lansing, MI 48933-1114 | MI | 1998-07 | $120,965 |
| 3 | Aging Services Of Michigan | 201 N Washington Sq Ste 920, Lansing, MI 48933-1323 | MI | 2002-11 | $505,425 |
| 4 | Maia Chapter Of The American Business Womens Association | Po Box 3226, Ann Arbor, MI 48106-3226 | MI | 1980-05 | $0 |
| 5 | Maibach Foundation | 26500 American Dr, Southfield, MI 48034-2252 | MI | 1967-10 | $1,105,197 |
| 6 | Maier And Associates Charitable Foundation | 5982 Westside Saginaw Rd, Bay City, MI 48706-3481 | MI | 2005-10 | $223,764 |
| 7 | Main St Assoc | PO BOX 15033, Lansing, MI 48901-5033 | MI | 1992-06 | $72,541 |
| 8 | Main Street Area Association Inc | 605 S Main St Ste 2, Ann Arbor, MI 48104-7900 | MI | 2004-06 | $364,624 |
| 9 | Main Street Calumet Inc | PO BOX 188, Calumet, MI 49913-0188 | MI | 2005-10 | $61,610 |
| 10 | Mainstreet Promotions Inc | 223 Huron Avenue, Port Huron, MI 48060 | MI | 1997-01 | $141,061 |
| 11 | Maisel Foundation | 29260 Franklin Rd Apt 611, Southfield, MI 48034-1178 | MI | 1993-09 | $296,818 |
| 12 | Majestic Education Foundation Inc | 5040 Joy Road, Detroit, MI 48204-2296 | MI | 1998-07 | $6,260 |
| 13 | Majesty Foundation, Gray Bruce Ttee | 21 Kercheval Ave Ste 265, Grosse Pointe, MI 48236-3638 | MI | 1997-02 | $264,688 |
| 14 | Make-A-Wish Foundation Of Michigan | 7600 Grand River Rd Ste 175, Brighton, MI 48114-7340 | MI | 1985-01 | $6,964,546 |
| 15 | Malawi Connection | Po Box 120191, Grand Rapids, MI 49528-0104 | MI | 2007-01 | $0 |
| 16 | Malcomb & Beth Lowenstein Foundation | 33 Bloomfield Hills Pkwy Ste 120, Bloomfld Hls, MI 48304-2945 | MI | 1964-05 | $233,137 |
| 17 | Mall Family Foundation | PO BOX 560, Rockford, MI 49341-0560 | MI | 2007-12 | $468,522 |
| 18 | Mallory Brincat Memorial Fund | 16205 Alpine Dr, Livonia, MI 48154-2543 | MI | 2000-09 | $30,642 |
| 19 | Malpass Foundation | PO BOX 1206, East Jordan, MI 49727-1206 | MI | 1956-06 | $250,799 |
| 20 | Manat Foundation | 186 E Main St Ste 300, Northville, MI 48167-2676 | MI | 1987-10 | $691,032 |
Organization representatives - add corrected or new information about Maisel Foundation »
Non-representatives - add comments about Maisel Foundation»