Conklin Family Scholarship Fund Inc in Minneapolis, Minnesota (MN)
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 Minnesota
| Conklin Family Scholarship Fund Inc | |
| Employer Identification Number (EIN) | 421217707 |
| Name of Organization | Conklin Family Scholarship Fund Inc |
| In Care of Name | Ing Trust |
| Address | 20 Washington Ave S 4th Fl Ms3624, Minneapolis, MN 55401-1908 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 07/1985 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $148,439 |
| Amount of Income | $40,078 |
| Form 990 Revenue Amount | $9,063 |
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 | $7,518 | $7,518 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $5,957 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1,561 | |||
| Total expenses and disbursements | $16,760 | $3,018 | $0 | $13,742 |
| Compensation of officers, directors, trustees, etc. | $1,584 | |||
| Total operating and administrative expenses | $3,810 | $3,018 | $792 | |
| Contributions, gifts, grants paid | $12,950 | |||
| Excess of revenue over expenses and disbursements | $-9,242 | |||
| Net investment income | $4,500 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $148,439 | $153,292 |
| Cash - non-interest-bearing | $315 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $10,000 | |
| Investments-corporate bonds | $29,778 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $100,239 | |
| Other | $8,107 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $148,439 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $1,561 |
| 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 | $45 |
| Total credits and payments | $144 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $144 |
| 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 | $99 |
| Amount to be credited to 2013 estimated tax | $48 |
| 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 | $157,857 |
| Net value of noncharitable-use assets | $155,480 |
| Minimum investment return | $7,774 |
| Distributable Amount (for 2012) | |
| Distributable amount | $7,729 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $7,729 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $6,869 |
| 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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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Concord Singers Of New Ulm Inc | Po Box 492, New Ulm, MN 56073 | MN | 1994-07 | $0 |
| 2 | Concrete Paving Association Of Minnesota | 3596 Linden Ave Ste B5, Saint Paul, MN 55110-4994 | MN | 1960-06 | $530,289 |
| 3 | Concys Montessori School And Day Care Inc | 5 Edina Ct, Edina, MN 55424-1136 | MN | 1976-04 | $197,843 |
| 4 | Confederation Of Somali Community In Minnesota | 420 15th Ave S, Minneapolis, MN 55454-1114 | MN | 1995-10 | $266,775 |
| 5 | Confessional Lutheran Education Foundation | PO BOX 43844, Minneapolis, MN 55443-0844 | MN | 1995-05 | $219,415 |
| 6 | Conflict Resolution Center | 2101 Hennepin Ave Ste 100, Minneapolis, MN 55405-2769 | MN | 1986-06 | $496,988 |
| 7 | Congdon Park Elementary School Duluth Foundation | 3116 E Superior St, Duluth, MN 55812-2326 | MN | 1999-07 | $80,863 |
| 8 | Congdon Park Receration Assoication | PO BOX 3271, Duluth, MN 55803-3271 | MN | 1995-09 | $39,481 |
| 9 | Congregate Housing Inc | PO BOX 480, Twin Valley, MN 56584-0480 | MN | 1980-07 | $128,449 |
| 10 | Congress Of World Hmong Peoples | 565 University Ave W Ste 212, Saint Paul, MN 55103-1969 | MN | 2008-05 | $29,982 |
| 11 | Conklin Family Scholarship Fund Inc | 20 Washington Ave S 4th Fl Ms3624, Minneapolis, MN 55401-1908 | MN | 1985-07 | $40,078 |
| 12 | Conley Family Foundation, Conley Richard M Ttee | 2910 Holly Ln N Ste 100, Plymouth, MN 55447-1733 | MN | 2000-07 | $47,014 |
| 13 | Connect Us Russia | 401 N 2nd St Unit 302, Minneapolis, MN 55401-1584 | MN | 1987-04 | $161,349 |
| 14 | Connectcare | 211 Freemont Ave Se, Hutchinson, MN 55350-3116 | MN | 1995-11 | $377,936 |
| 15 | Connecting Connection | 1923 Bush St, Red Wing, MN 55066-3631 | MN | 2001-04 | $60,394 |
| 16 | Connexions International Inc | 808 Essex St Se, Minneapolis, MN 55414-3019 | MN | 2006-09 | $54,637 |
| 17 | Connexus Energy | 14601 Ramsey Blvd Nw, Ramsey, MN 55303-6024 | MN | 1937-12 | $258,845,776 |
| 18 | Conservation Minnesota | 1101 W River Pkwy Ste 250, Minneapolis, MN 55415-4853 | MN | 2002-05 | $1,265,273 |
| 19 | Conservation Partners Of America | 8806 Lace Ave, Glencoe, MN 55336 | MN | 2002-11 | $75,688 |
| 20 | Consolidated Apprenticeship Trning Of Sheet Metal Workers Local 10, Sheet Metal Workers Of N & S Dakota | 3554 White Bear Ave N, White Bear Lk, MN 55110-5419 | MN | 1985-06 | $179,892 |
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