The William H And Margaret M Wallace Foundation in Missoula, Montana (MT)

The William H And Margaret M Wallace Foundation
Employer Identification Number (EIN)	810504215
Name of Organization	The William H And Margaret M Wallace Foundation
In Care of Name	Greg L Hanson Esq
Address	PO BOX 7909, Missoula, MT 59807-7909
Activities	Gifts, grants, or loans to other organizations
Subsection	Charitable Organization
Ruling Date	04/1996
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$5,000,000 to $9,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$6,114,691
Amount of Income	$2,185,427
Form 990 Revenue Amount	$116,071
National Taxonomy of Exempt Entities (NTEE)	Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Voluntarism, and Grantmaking Foundations (Not Elsewhere Classified)

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$378,467	$378,467	$233,238
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$169
Dividends and interest from securities	$233,069
Gross rents	$0
Gross sales price for all assets	$1,952,189
Gross profit from sales of goods	$0
Other income	$0
Other	$145,229
Total expenses and disbursements	$458,772	$9,569	$0	$446,000
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$687
Accounting fees	$1,275
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$12,772	$9,569		$0
Contributions, gifts, grants paid	$446,000
Excess of revenue over expenses and disbursements	$-80,305
Net investment income		$368,898
Adjusted net income			$233,238

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$6,587,588	$6,332,291	$6,194,996	$6,485,339	$6,114,691	$7,058,851
Cash - non-interest-bearing	$16,268		$9,243		$10,161
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$5,948,010		$5,964,655		$6,034,178
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$1		$1		$1
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$0		$0
Total liabilities and net assets/fund balances	$6,587,588		$6,194,996		$6,114,691

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$145,229
Net capital loss	$-47,932	$-105,435	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$1,637	$1,231	$3,689
Total credits and payments	$3,627	$2,990	$1,759
Current year estimated tax payments and previous year's overpayment credited to current year	$3,627	$1,990	$1,759
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$1,000	$0
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$0	$1,930
Overpayment		$1,759	$0
Amount to be credited to next year's estimated tax	$1,990	$1,759	$0

	2011	2012	2013
Statements Regarding Activities
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	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
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?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
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?	No	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
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	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	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	No	No
Agree to pay money or property to a government official?	No	No	No
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?		No	No
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?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
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?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
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?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
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?		No	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	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	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	No	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	No	No
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?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$6,739,041	$6,419,495	$6,668,671
Net value of noncharitable-use assets		$6,323,203	$6,568,641
Minimum investment return	$331,898	$316,160	$328,432

	2011	2012	2013
Distributable Amount
Distributable amount	$330,261	$314,929	$324,743

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$330,261	$314,929	$324,743
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
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

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$169	$0
Dividends and interest from securities	$233,069	$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:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

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 The William H And Margaret M Wallace Foundation to others? (optional)

Yes

Add photo of The William H And Margaret M Wallace Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

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

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (18.216.48.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Friends Of The Shelter in Missoula, MT
International Fellowship Of Ministries, Victory In Christ Ministries in Missoula, MT
Dearborn Meadows Land Owners Association in Great Falls, MT
Help For Homeless Pets Inc in Billings, MT
Coats For Kids Inc in Kalispell, MT
Namdroling in Bozeman, MT
Granite Spay Neuter Project in Hall, MT
The Cantlon Family Youth Home in Polson, MT
Shepherds Hand Free Clinic in Whitefish, MT
Womens Resource Center Of Dillon in Dillon, MT

Recently Added Reviews

Friends Of The Shelter in Missoula, MT

International Fellowship Of Ministries, Victory In Christ Ministries in Missoula, MT

Dearborn Meadows Land Owners Association in Great Falls, MT

Help For Homeless Pets Inc in Billings, MT

Coats For Kids Inc in Kalispell, MT

Namdroling in Bozeman, MT

Granite Spay Neuter Project in Hall, MT

The Cantlon Family Youth Home in Polson, MT

Shepherds Hand Free Clinic in Whitefish, MT

Womens Resource Center Of Dillon in Dillon, MT

Id	Name	Address	State	Established	Total Income
Other organizations in Montana
1	The Missoula Community School	PO BOX 9272, Missoula, MT 59807-9272	MT	2002-06	$439,676
2	The Montana National Guard Thrift Shop Inc	615 S Beattie St, Helena, MT 59601-5308	MT	2001-05	$21,605
3	The Partnership For Children	PO BOX 8134, Missoula, MT 59807-8134	MT	2000-04	$1,543,307
4	The Policy Institute	PO BOX 1362, Helena, MT 59624-1362	MT	2002-03	$86,261
5	The R F Chadwick Foundation	48901 Hwy 93 A, Polson, MT 59860	MT	1988-08	$34,004
6	The Rim Rock Humane Society Inc	PO BOX 834, Roundup, MT 59072-0834	MT	2000-06	$80,526
7	The Science And Conservation Center Inc, Zoo Montana	2100 S Shiloh Rd, Billings, MT 59106-3908	MT	2001-04	$2,158,747
8	The Steward	30 S Davis St, Helena, MT 59601-5719	MT	2000-01	$831
9	The Tree Center Billings Exchange Clubs Child Abuse Prevention Ctr, Family Tree Center	2520 5th Ave S, Billings, MT 59101-4342	MT	1987-06	$271,741
10	Tatters Across Time Inc	744 Prospect Creek Rd, Thompson Falls, MT 59873	MT	2008-01	$1,671
11	The William H And Margaret M Wallace Foundation	PO BOX 7909, Missoula, MT 59807-7909	MT	1996-04	$2,185,427
12	The@h2 Brensdal Scholarship Fund Trust	PO BOX 52, Jefferson Cty, MT 59638-0052	MT	2000-03	$13,330
13	The@montana Physical Sciences Foundation Inc	3115 S Dakota St, Butte, MT 59701-3109	MT	2006-08	$5,000
14	Thomas More Schools Inc	PO BOX 540, Emigrant, MT 59027-0540	MT	2000-05	$137,758
15	Thompson Falls Ambulance	PO BOX 1055, Thompson Fls, MT 59873-1055	MT	1980-02	$160,816
16	Thompson Falls Golf Club I Inc	PO BOX 372, Thompson Fls, MT 59873-0372	MT	2007-06	$196,655
17	Thompson Falls Lions Manor Inc	PO BOX 744, Thompson Fls, MT 59873-0744	MT	1975-11	$198,721
18	Thompson Falls Senior Citizens Inc	PO BOX 444, Thompson Fls, MT 59873-0444	MT	1995-02	$38,486
19	Thor-Svenby-Sophie Johnson Scholarship Fund	PO BOX 5010, Great Falls, MT 59403-5010	MT	1977-06	$43,698
20	Three Suns	1338 4th St, Whitefish, MT 59937-2630	MT	2003-09	$1

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The William H And Margaret M Wallace Foundation and has no official or unofficial affiliation with The William H And Margaret M Wallace Foundation