Pennsylvania Fund 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
| Pennsylvania Fund | |
| Employer Identification Number (EIN) | 232222176 |
| Name of Organization | Pennsylvania Fund |
| In Care of Name | Peter C Morse |
| Address | 2000 Brush St Ste 440, Detroit, MI 48226-2251 |
| Activities | Gifts, grants, or loans to other organizations, Other matters |
| Subsection | Charitable Organization |
| Ruling Date | 05/1983 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Cooperative |
| Tax Period | 06/2012 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $12,900 |
| Amount of Income | $12 |
| Form 990 Revenue Amount | $12 |
Non-representatives - add comments:
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 | $12 | $12 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $12 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $47,315 | $2,315 | $0 | $45,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,315 | $2,315 | $0 | |
| Contributions, gifts, grants paid | $45,000 | |||
| Excess of revenue over expenses and disbursements | $-47,303 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $12,900 | $19,882 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $939 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $11,961 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $12,900 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| 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? | Yes |
| 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 | $38,601 |
| Net value of noncharitable-use assets | $38,020 |
| Minimum investment return | $1,901 |
| Distributable Amount (for 2012) | |
| Distributable amount | $1,901 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $1,901 |
| 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 | Peke A Tzu Rescue | 16130 W Stanton Rd, Trufant, MI 49347-9535 | MI | 2004-09 | $96,822 |
| 2 | Pellerita Manzella Certa & Cusmano Family Foundation | 30295 Embassy St, Beverly Hills, MI 48025-5021 | MI | 1989-05 | $13,174 |
| 3 | Pencil Palace Day Care Nursery | 8800 Joy Rd, Detroit, MI 48204-3224 | MI | 1975-08 | $65,263 |
| 4 | Peninsula Arts Appreciation Council | 218 Iron St, Negaunee, MI 49866-1828 | MI | 1975-10 | $48,201 |
| 5 | Peninsula Fire Fighters Assoc | PO BOX 492, Traverse City, MI 49685-0492 | MI | 2000-06 | $7,230 |
| 6 | Peninsula Writers | Po Box 1, Saint Johns, MI 48879 | MI | 1985-01 | $0 |
| 7 | Penncock Healthcare System | 1009 W Green St, Hastings, MI 49058-1710 | MI | 1987-12 | $34 |
| 8 | Penner Foundation | 10133 Diamond Park Rd, Interlochen, MI 49643-9513 | MI | 1992-02 | $19,791 |
| 9 | Pennfield Band Boosters Inc | 8299 Q Drive North, Battle Creek, MI 49017 | MI | 2002-09 | $7,123 |
| 10 | Pennock Foundation | 1009 W Green St, Hastings, MI 49058-1710 | MI | 1987-12 | $2,923,862 |
| 11 | Pennsylvania Fund | 2000 Brush St Ste 440, Detroit, MI 48226-2251 | MI | 1983-05 | $12 |
| 12 | Penrickton Center For Blind Children | 26530 Eureka Rd, Taylor, MI 48180-4918 | MI | 1956-09 | $6,033,147 |
| 13 | Pentwater Artisan Learning Center Inc | 780 E Park St, Pentwater, MI 49449 | MI | 2002-07 | $41,663 |
| 14 | Pentwater Chamber Of Commerce | PO BOX 614, Pentwater, MI 49449-0614 | MI | 2000-01 | $77,798 |
| 15 | Pentwater Junior Sailing Program Inc | 7071 Harbor Dr, Pentwater, MI 49449-9616 | MI | 2001-04 | $8,993 |
| 16 | Pentwater Yacht Club | PO BOX 607, Pentwater, MI 49449-0607 | MI | 1959-10 | $427,308 |
| 17 | People Center Inc | PO BOX 311, Spring Lake, MI 49456-0311 | MI | 1996-09 | $137,414 |
| 18 | People For Parks | 205 Southlawn, Birmingham, MI 48009 | MI | 2006-07 | $100 |
| 19 | People Helping People Comm Thrift Center | PO BOX 607, Baldwin, MI 49304 | MI | 1988-03 | $63,721 |
| 20 | People In Need Inc | 6122 Shadetree Ct, Howell, MI 48843-7152 | MI | 1997-02 | $0 |
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