Theodora H Lang Charitable Tr, 050007244700 in Saint Paul, 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
Theodora H Lang Charitable Tr, 050007244700 | |
Employer Identification Number (EIN) | 876269455 |
Name of Organization | Theodora H Lang Charitable Tr |
Secondary Name | 050007244700 |
In Care of Name | Us Bank Natl Association Ttee |
Address | PO BOX 64713, Saint Paul, MN 55164-0713 |
Subsection | Charitable Organization |
Ruling Date | 11/2006 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Tax Period | 12/2012 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $285,308 |
Amount of Income | $174,324 |
Form 990 Revenue Amount | $60,116 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2012: $174,324 (it was $157,933 in 2011)
This organization: | $174,324 |
Other organizations performing similar types of work: | $147,540 |
Assets in 2012: $285,308 (it was $328,825 in 2011)
Theodora H Lang Charitable Tr, 050007244700: | $285,308 |
Other organizations performing similar types of work: | $421,265 |
Expenses in 2012: $87,575
This organization: | $87,575 |
Other organizations performing similar types of work: | $65,955 |
Income to expenses ratio in 2012: 2.0
Theodora H Lang Charitable Tr, 050007244700: | 2.0 |
Other organizations performing similar types of work: | 12.1 |
Grants share in income in 2012: 0.0%
Theodora H Lang Charitable Tr, 050007244700: | 0.0% |
Other organizations performing similar types of work: | 100.0% |
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 | $44,060 | $44,060 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $8,803 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $35,257 | |||
Total expenses and disbursements | $87,575 | $8,895 | $0 | $77,775 |
Compensation of officers, directors, trustees, etc. | $11,500 | |||
Total operating and administrative expenses | $12,575 | $8,895 | $2,775 | |
Contributions, gifts, grants paid | $75,000 | |||
Excess of revenue over expenses and disbursements | $-43,515 | |||
Net investment income | $35,165 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $285,308 | $361,239 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $172,051 | |
Investments-corporate bonds | $44,850 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $68,407 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $285,308 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $35,257 |
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 | $352 |
Total credits and payments | $540 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $540 |
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 | $188 |
Amount to be credited to 2013 estimated tax | $188 |
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? | Yes |
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 | $380,795 |
Net value of noncharitable-use assets | $375,080 |
Minimum investment return | $18,754 |
Distributable Amount (for 2012) | |
Distributable amount | $18,402 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $18,402 |
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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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | United States Fund For Unicef In Kind Assistance Corporation | 125 Maiden Lane, New York, NY 10038-4912 | NY | 2005-11 | $155,471,904 |
2 | Abbott Northwestern Hospital Foundation | PO BOX 43, Minneapolis, MN 55440-0043 | MN | 2002-10 | $70,414,703 |
3 | Tigers Unlimited Foundation | PO BOX 351, Auburn, AL 36831-0351 | AL | 2004-02 | $45,768,295 |
4 | Real Resources Foundation | 3530 East 28th Street, Minneapolis, MN 55406-1765 | MN | 2000-08 | $3,257,643 |
5 | Nonprofits Assistance Fund | 2801 21st Ave S Ste 210, Minneapolis, MN 55407-1229 | MN | 1998-10 | $1,255,681 |
6 | John Junell Trust 7254 | PO BOX 64713, Saint Paul, MN 55164-0713 | MN | 1967-12 | $78,979 |
7 | Wild Sheep Legacy Foundation | 6985 N Shore Trl N, Forest Lake, MN 55025-8701 | MN | 2014-08 | $652,648 |
8 | Oakleaf Endownment Tr For The Blake School, Dayton Duncan & Judson Etal Co Ttee | 80 S 8th St 1800 Ids Center, Minneapolis, MN 55402 | MN | 2000-09 | $286,771 |
9 | Thunderbird Foundation | Po Box 107, Gibbon, MN 55335 | MN | 1999-08 | $223,742 |
10 | W & L Kulenkamp Tr Fbo Emanuel Luth | PO BOX 64713, Saint Paul, MN 55164-0713 | MN | 2005-02 | $222,704 |
11 | Theodora H Lang Charitable Tr, 050007244700 | PO BOX 64713, Saint Paul, MN 55164-0713 | MN | 2006-11 | $174,324 |
12 | Bengal Touchdown Club | 12555 University Ave Ne, Blaine, MN 55434-2108 | MN | 2007-04 | $170,690 |
13 | Marvin Warroad Area Foundation | 101 5th St E Ste 2400, Saint Paul, MN 55101-1800 | MN | 2004-07 | $115,729 |
14 | Best Of Waseca Inc | PO BOX 667, Waseca, MN 56093-0667 | MN | 2003-10 | $70,795 |
15 | Rocket Boosters | 7600 County Rd 70, Rockford, MN 55373 | MN | 2007-02 | $63,916 |
16 | Hermantown Graduation Party Committee Inc | 4355 Hawk Circle Drive, Hermantown, MN 55811-3648 | MN | 2003-10 | $0 |
17 | Jrk Foundation | 3265 19th St Ste 560, Rochester, MN 55901-6786 | MN | 2015-01 | $0 |
18 | Q Foundation | 4243 4th Ave S, Minneapolis, MN 55409-2113 | MN | 2007-10 | $0 |
19 | R A F Properties | 400 S Broadway Ste 300, Rochester, MN 55904-6477 | MN | 1998-02 | $0 |
20 | Valley View Manor Fund Inc | PO BOX 283, Lamberton, MN 56152-0283 | MN | 1994-09 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,310 |
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