Simmons Foundation in Ann Arbor, Michigan (MI)

Organization representatives - add corrected or new information about Simmons Foundation »

Non-representatives - add comments about Simmons Foundation»

Simmons Foundation
Employer Identification Number (EIN)386075922
Name of OrganizationSimmons Foundation
Address3390 Travis Pointe Rd Ste B, Ann Arbor, MI 48108-5925
ActivitiesFundraising
SubsectionCharitable Organization
Ruling Date06/1961
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1,052,923
Amount of Income$658,835
Form 990 Revenue Amount$58,858


Non-representatives - add comments:


CAPTCHA

Your IP address 44.200.249.42 will be logged.

Financial snapshot ($)

Revenue for 2013

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$71,823$84,394$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$29,860
Dividends and interest from securities$9,042
Gross rents$0
Gross sales price for all assets$627,625
Gross profit from sales of goods$0
Other income$-7,692
Other$40,613
Total expenses and disbursements$76,218$22,220$0$51,422
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$8,465
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$29,028$22,220$4,232
Contributions, gifts, grants paid$47,190
Excess of revenue over expenses and disbursements$-4,395
Net investment income$62,174
Adjusted net income$0
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$1,072,271$1,134,336$1,057,318$1,162,644$1,052,923$1,191,986
Cash - non-interest-bearing$0$0$0
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$243,160$272,803$345,978
Investments-corporate bonds$804,115$690,973$558,168
Investments-mortgage loans$0$0$0
Investments-other$0$90,877$128,161
Other assets$0$0$0
Total liabilities$0$0$0
Total liabilities and net assets/fund balances$1,072,271$1,057,318$1,052,923
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$10,288$14,185$40,613
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$992$801$1,243
Total credits and payments$210$750$2,540
Current year estimated tax payments and previous year's overpayment credited to current year$210$0$840
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$750$1,700
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$14$18$3
Tax due$796$69$0
Overpayment$0$0$1,294
Amount to be credited to next year's estimated tax$0$0$1,294
Statements Regarding Activities
201120122013
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?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNoNo
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?NoNoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYesYes
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?NoNoNo
Did any persons become substantial contributors during the tax year?NoNoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoYesYes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
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?NoNoNo
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?NoNoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
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?NoNoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
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?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
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?NoNoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
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?NoNoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$1,105,409$1,161,252$1,201,410
Net value of noncharitable-use assets$1,088,828$1,143,833$1,183,389
Minimum investment return$54,441$57,192$59,169
Distributable Amount
201120122013
Distributable amount$53,449$58,291$57,926
Undistributed Income
201120122013
Distributable amount for this year$53,449$58,291$57,926
Undistributed income for this year. This amount must be distributed in the next year$0$0$4,868
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$29,860$0
Dividends and interest from securities$9,042$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
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Simmons Foundation to others? (optional)
  
Add photo of Simmons Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Michigan
IdNameAddressStateEstablishedTotal Income
1Sigma Kappa Sorority, Kappa Beta Chapter1 Campus Dr, Allendale, MI 49401-9401MI1943-01$64,129
2Sigma Phi Epsilon Fraternity Inc, Mi Alpha730 Tappan Ave, Ann Arbor, MI 48104-3027MI1941-01$176,101
3Sigma Pi Fraternity International Inc1206 College Avenue, Houghton, MI 49931MI1940-12$59,020
4Sigmund & Sophie Rohlik Foundation2025 W Long Lake Rd Ste 100, Troy, MI 48098-4100MI1957-11$42,431
5Signal Point Club Inc1475 Signal Point Dr, Niles, MI 49120-8930MI1991-11$486,292
6Silver Lake Animal Rescue League2057 Orchard Lake Rd, Sylvan Lake, MI 48320-1746MI1997-12$51,328
7Silver Lake Sand Dunes-Hart Visitors Bureau1550 Industrial Park Dr, Hart, MI 49420-8377MI2001-06$242,405
8Silver Lake Ski Club IncPO BOX 171, Fenton, MI 48430-0171MI2003-03$53,456
9Silver Lake Water Authority Inc4060 Cedar Commercial Dr Ne, Cedar Springs, MI 49319-8296MI2005-04$37,851
10Silver Maples Of Chelsea100 Silver Maples Dr, Chelsea, MI 48118-1186MI1995-10$7,415,860
11Simmons Foundation3390 Travis Pointe Rd Ste B, Ann Arbor, MI 48108-5925MI1961-06$658,835
12Simon And Mary Vanderkooy Foundation5300 Northland Dr Ne Ste G, Grand Rapids, MI 49525-1058MI1995-09$68,165
13Simpson Foundation IncPO BOX 276, Hillsdale, MI 49242-0276MI1997-12$993,433
14Sinai Medical Staff Foundation2000 Town Ctr Ste 1780, Southfield, MI 48075-1254MI1971-10$817,476
15Sister Celeste Derr Foundation400 Burrows Rd, Kalamazoo, MI 49006-4411MI2008-01$52,242
16Sister Lakes Fire Department92282 County Road 690, Dowagiac, MI 49047-9035MI2002-05$125,708
17Sisters Acquiring Financial Empowerment17171 Huntington Road, Detroit, MI 48219MI2007-05$41,173
18Sisu Ski FestPO BOX 333, Ironwood, MI 49938-0333MI2010-06$57,041
19Sixty Plus Incorporated300 S Capitol Ave Sixth Floor, Lansing, MI 48933-2002MI1982-04$1,028,030
20Skating Club Of Novi42400 Arena Dr, Novi, MI 48375-4798MI2002-09$64,983

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Simmons Foundation and has no official or unofficial affiliation with Simmons Foundation