Gilbert R Darkenwald Foundation in Elk River, 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
- Organizations performing similar types of work
| Gilbert R Darkenwald Foundation | |
| Employer Identification Number (EIN) | 411945248 |
| Name of Organization | Gilbert R Darkenwald Foundation |
| In Care of Name | Gilbert R Darkenwald |
| Address | 6570 Packard Ave Ne, Elk River, MN 55330-6412 |
| Subsection | Charitable Organization |
| Ruling Date | 09/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2010 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $605 |
| Amount of Income | $7,000 |
| Form 990 Revenue Amount | $8,000 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2010: $7,000 (it was $8,000 in 2011)
| This organization: | $7,000 |
| Other organizations performing similar types of work: | $72,190 |
Assets in 2010: $605 (it was $3,505 in 2011)
| Gilbert R Darkenwald Foundation: | $605 |
| Other organizations performing similar types of work: | $42,723 |
Expenses in 2011: $5,100
| This organization: | $5,100 |
| Other organizations performing similar types of work: | $42,209 |
Income to expenses ratio in 2011: 1.4
| This organization: | 1.4 |
| Other organizations performing similar types of work: | 0.4 |
Grants share in income in 2011: 100.0%
| This organization: | 100.0% |
| Other organizations performing similar types of work: | 4.7% |
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $8,000 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $8,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $5,100 | $0 | $0 | $5,100 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $0 | $0 | $0 | |
| Contributions, gifts, grants paid | $5,100 | |||
| Excess of revenue over expenses and disbursements | $2,900 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $3,505 | $3,505 |
| Cash - non-interest-bearing | $3,505 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $3,505 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| 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 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $2,059 |
| Net value of noncharitable-use assets | $2,020 |
| Minimum investment return | $101 |
| Distributable Amount (for 2011) | |
| Distributable amount | $101 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $101 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 |
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
  |
|
Stalker Lake Sportsmens Club Inc in Dalton, MN
|
| Riverside Cemetery Association in Breckenridge, MN |
| Cuyuna Range Housing Inc in Ironton, MN |
|
Pets Abandoned Wanting Support in Motley, MN
|
|
Urban Agriculture International Program Inc in St Paul, MN
|
|
Lake City Music Boosters in Lake City, MN
|
|
Relapsing Polychondritis Awareness And Support Foundation in Anoka, MN
|
|
Foe River Basin Community Development Organization in St Paul, MN
|
|
Christian Actioin League Of Minnesota in Minneapolis, MN
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rotary International, South Hill Rotary Club | PO BOX 922, South Hill, VA 23970-0922 | VA | 2008-06 | $70,044 |
| 2 | Car Donation Foundation | 5101 Highway 55 Suite 1000, Golden Valley, MN 55422 | MN | 2009-05 | $61,770,376 |
| 3 | The Thomas Burnette Family Foundation, Burnett Deena L | PO BOX 633, Northfield, MN 55057-0633 | MN | 2002-11 | $231,039 |
| 4 | Harbingers Of Peace Exchange, Dotopia | 2708 Irving Avenue South, Minneapolis, MN 55408 | MN | 2010-04 | $163,000 |
| 5 | Art 2 Heart | 122 Hamel Rd, Hamel, MN 55340-4530 | MN | 2008-11 | $98,119 |
| 6 | Bloomington Heritage Days | PO BOX 385845, Bloomington, MN 55438 | MN | 2010-01 | $97,742 |
| 7 | Eagles Wings Foundation | 730 Second Avenue South, Minneapolis, MN 55402 | MN | 2012-01 | $86,201 |
| 8 | Gunflint Trail Events Inc | 189 Sag Lake Trail, Grand Marais, MN 55604 | MN | 2010-04 | $68,237 |
| 9 | East Grand Forks Elementary Ptoorganization | 1427 6th Ave Nw, E Grand Forks, MN 56721-1402 | MN | 2009-11 | $35,948 |
| 10 | Welsh Charitable Foundation | 4350 Baker Rd Ste 400, Minneapolis, MN 55343-8628 | MN | 2001-11 | $14,445 |
| 11 | Southern Twin Cities Realtors Charitable Foundation | 4490 Erin Dr, Eagan, MN 55122-2357 | MN | 2003-10 | $7,053 |
| 12 | Gilbert R Darkenwald Foundation | 6570 Packard Ave Ne, Elk River, MN 55330-6412 | MN | 1999-09 | $7,000 |
| 13 | Wild Women Weaving Change | 703 E Center St, Rochester, MN 55904-4603 | MN | 2008-05 | $3,370 |
| 14 | Team Henry | 322 Main St N Box 233, Clara City, MN 56222 | MN | 2014-07 | $1,588 |
| 15 | Gateway Community Resources | Po Box 924, Wayzata, MN 55391 | MN | 2012-01 | $1,576 |
| 16 | 1dollarcluborg Foundation | 50 S 6th St Ste 1500, Minneapolis, MN 55402-1498 | MN | 2008-05 | $0 |
| 17 | Andy Wallen Peace Association | 12340 70th Ave N, Maple Grove, MN 55369 | MN | 2010-07 | $0 |
| 18 | Anytime Fitness Charitable Foundation | 12181 Margo Avenue S Ste 100, Hastings, MN 55033 | MN | 2009-04 | $0 |
| 19 | Belgrade Nursing Home Auxiliary | PO BOX 340, Belgrade, MN 56312 | MN | 2014-09 | $0 |
| 20 | Beyond The Yellow Ribbon Program Of Martin County Mn | Po Box 652, Fairmont, MN 56031 | MN | 2015-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,544 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Gilbert R Darkenwald Foundation »
Non-representatives - add comments about Gilbert R Darkenwald Foundation»