A E Finley Foundation Inc in Raleigh, North Carolina (NC)

A E Finley Foundation Inc
Employer Identification Number (EIN)	566057379
Name of Organization	A E Finley Foundation Inc
Address	PO BOX 98266, Raleigh, NC 27624-8266
Activities	Gifts, grants, or loans to other organizations, Other school related activities, Other religious activities
Subsection	Charitable Organization, Educational Organization, Scientific Organization
Ruling Date	07/1959
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$10,000,000 to $49,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$18,493,360
Amount of Income	$3,854,329
Form 990 Revenue Amount	$168,576

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	$1,365,842	$1,297,418	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$5,378
Dividends and interest from securities	$775,373
Gross rents	$0
Gross sales price for all assets	$2,921,291
Gross profit from sales of goods	$0
Other income	$152,287
Other	$432,804
Total expenses and disbursements	$2,021,273	$457,535	$0	$1,329,840
Compensation of officers, directors, trustees, etc.	$290,000
Pension plans, employee benefits	$73,548
Legal fees	$32,468
Accounting fees	$4,800
Interest	$38,137
Depreciation	$70,624
Occupancy	$0
Travel, conferences, and meetings	$4,616
Printing and publications	$0
Total operating and administrative expenses	$909,723	$457,535		$218,290
Contributions, gifts, grants paid	$1,111,550
Excess of revenue over expenses and disbursements	$-655,431
Net investment income		$839,883
Adjusted net income			$0

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$17,275,109	$25,300,119	$19,353,803	$26,145,209	$18,493,360	$28,398,815
Cash - non-interest-bearing	$0		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$12,207,896		$12,743,141		$12,457,561
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$2,489,247		$3,348,215		$3,402,925
Other assets			$341,410		$314,694
Total liabilities	$2,295,416		$2,208,441		$2,003,429
Mortgages and other notes payable	$2,244,897		$2,179,897		$1,999,897
Other liabilities			$22,800		$0
Total liabilities and net assets/fund balances	$14,979,693		$17,145,362		$16,489,931

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$2,426,998	$432,804
Net capital loss	$-836,717	$0	$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	$9,192	$57,759	$8,399
Total credits and payments	$12,760	$46,577	$20,000
Current year estimated tax payments and previous year's overpayment credited to current year	$12,760	$46,577	$20,000
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$0	$0
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$560	$13
Tax due		$11,742	$0
Overpayment		$0	$11,588
Amount to be credited to next year's estimated tax	$3,568	$0	$11,588

	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?		Yes	Yes
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?	Yes	Yes	Yes
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	$23,286,959	$23,681,793	$25,062,304
Net value of noncharitable-use assets		$23,326,566	$24,686,369
Minimum investment return	$1,146,883	$1,166,328	$1,234,318

	2011	2012	2013
Distributable Amount
Distributable amount	$1,137,413	$1,108,569	$1,221,624

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$1,137,413	$1,108,569	$1,221,624
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	$3,898	$0
Dividends and interest from securities	$775,069	$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 A E Finley Foundation Inc to others? (optional)

Yes

Add photo of A E Finley Foundation Inc (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 (18.188.110.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Southeastern Emergency Communications Network in Raleigh, NC
The Nc National Guard Soldiers And Airmen Assistance Fund Inc in Raleigh, NC
Amvets, 635 Raleigh Amvets in Raleigh, NC
New Redeem Ministries in Raleigh, NC
Horses For Hope Inc in Raleigh, NC
O A S I S Foundation Of Nc in Raleigh, NC
Pta North Carolina Congress, Torchlight Academy Charter School in Raleigh, NC
Independent Order Of Odd Fellows, Sir Walter Lodge No 411 Ioof in Raleigh, NC
North Carolina Rottweiler Rescue in Raleigh, NC
Nc Childrens Victim Center in Raleigh, NC

Recently Added Reviews

Southeastern Emergency Communications Network in Raleigh, NC

The Nc National Guard Soldiers And Airmen Assistance Fund Inc in Raleigh, NC

Amvets, 635 Raleigh Amvets in Raleigh, NC

New Redeem Ministries in Raleigh, NC

Horses For Hope Inc in Raleigh, NC

O A S I S Foundation Of Nc in Raleigh, NC

Pta North Carolina Congress, Torchlight Academy Charter School in Raleigh, NC

Independent Order Of Odd Fellows, Sir Walter Lodge No 411 Ioof in Raleigh, NC

North Carolina Rottweiler Rescue in Raleigh, NC

Nc Childrens Victim Center in Raleigh, NC

Id	Name	Address	State	Established	Total Income
Other organizations in North Carolina
1	A C C Child Care Center	PO BOX 1202, Ahoskie, NC 27910-1202	NC	2004-12	$213,500
2	A C Needles Trust Fund For Hospital Care 5013001258	1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818	NC	1985-06	$532,341
3	A Cameron 4947 Trust Uw 1513093839 Fbo Fordham Univ	1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818	NC		$256,348
4	A Childs Place Of Charlotte Inc	601 E 5th St Ste 230, Charlotte, NC 28202-3000	NC	1991-04	$2,561,197
5	A Childs Zone Inc	5323 Greenbrook Dr, Charlotte, NC 28205-6521	NC	1999-04	$67,030
6	A Christian Witness To Roman Catholicism	8511 Davis Lk Pkwy Suite C6 Box 261, Charlotte, NC 28269	NC	1995-04	$0
7	A D E P T Nonprofit Services Inc	PO BOX 727, Matthews, NC 28106-0727	NC	2003-09	$100,837
8	A D Shackelford Trust Uw Fbo J Denver Shackelford Etal, First Union Natl Bank Of Nc Tr	1 W 4th St 4th Fl, Winston Salem, NC 27101-3818	NC		$362,441
9	A E & Pauline D Ingersoll Memorial Fund	1 W 4th St 4th Fl, Winston Salem, NC 27101-3818	NC	1980-12	$130,466
10	A E Broomall Tr Fbo Del Co Hist	1525 W W T Harris Blvd D1114-044, Charlotte, NC 28262-8522	NC		$4,275
11	A E Finley Foundation Inc	PO BOX 98266, Raleigh, NC 27624-8266	NC	1959-07	$3,854,329
12	A E Snedeker Est Tr Fbo Reformed Church Of N Brunswick 2513003427	1 W 4th St 4th Fl, Winston Salem, NC 27101-3818	NC		$277,730
13	A F Gable Mission Bd	1 W 4th St 4th Floor Mac D4000-041, Winston Salem, NC 27101-3818	NC		$43,356
14	A F Meisselbach Tuw 2513840610, Meisselbach A F Ttee	1 W 4th St 4th Fl, Winston Salem, NC 27101-3818	NC	1970-12	$251,322
15	A Frank Foundation 12161998	1525 W W T Harris Blvd D1114 044, Charlotte, NC 28288-0001	NC	2006-03	$206,313
16	A G A P E Community Development, A G A P E Cdc	5293 Capital Blvd, Raleigh, NC 27616-2925	NC	2001-11	$1,148,932
17	A G Jonas Sr Tuw 1013862508	1 W 4th St 4th Fl, Winston Salem, NC 27101-3818	NC	2006-06	$39,879
18	A G M Ministries Inc	1518 Gum Branch Road, Jacksonville, NC 28540	NC	2001-04	$40,903
19	A Gardner Fbo Hahn Home S-Tuw 1513076732	100 N Main St 13th Flr, Winston Salem, NC 27150-0001	NC		$1,706,505
20	A Glading Fbo Glading Meml 4947 Tuw, 15130922206	100 N Main St 13th Floor, Winston Salem, NC 27150-0001	NC		$131,056

NonProfitFacts.com is not associated with, endorsed by, or sponsored by A E Finley Foundation Inc and has no official or unofficial affiliation with A E Finley Foundation Inc