B B Walker Foundation in Asheboro, North Carolina (NC)
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 North Carolina
| B B Walker Foundation | |
| Employer Identification Number (EIN) | 566061441 |
| Name of Organization | B B Walker Foundation |
| Address | 212 Worth St, Asheboro, NC 27203-5558 |
| Activities | Gifts, grants, or loans to other organizations, Other school related activities, Other religious activities |
| Subsection | Charitable Organization |
| Ruling Date | 11/1963 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2012 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $13,879 |
| Amount of Income | $987 |
| Form 990 Revenue Amount | $-7,014 |
Non-representatives - add comments:
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 | $-7,014 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| 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 | $1,542 | $0 | $0 | $800 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $742 | $0 | $0 | |
| Contributions, gifts, grants paid | $800 | |||
| Excess of revenue over expenses and disbursements | $-8,556 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $13,879 | $2,318 |
| Cash - non-interest-bearing | $493 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $13,302 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $84 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $13,879 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-7,014 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| 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 | $4,949 |
| Net value of noncharitable-use assets | $4,880 |
| Minimum investment return | $244 |
| Distributable Amount (for 2012) | |
| Distributable amount | $244 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $244 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $194 |
| 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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| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ayden Chamber Of Commerce Inc | PO BOX 3, Ayden, NC 28513-0003 | NC | 1993-03 | $49,874 |
| 2 | Ayden Grifton Charger Club Inc | Po Box 831, Ayden, NC 28513 | NC | 2009-04 | $26,519 |
| 3 | Ayden Rescue & Ems | PO BOX 607, Ayden, NC 28513-0607 | NC | 1991-05 | $438,922 |
| 4 | Ayden Rural Fire Association Inc | Po Box 327, Ayden, NC 28513 | NC | 1985-04 | $0 |
| 5 | Ayni Inc | 2345 Airline Dr, Raleigh, NC 27607-3109 | NC | 2007-06 | $19,438 |
| 6 | Azalea Dog Training Club | PO BOX 44, Hampstead, NC 28443-0044 | NC | 2008-03 | $18,463 |
| 7 | Aziz And Gwen Sancar Foundation | 311 West University Drive, Chapel Hill, NC 27516 | NC | 2008-04 | $456,911 |
| 8 | The Lemuel Community Training Center Inc | PO BOX 256, Morven, NC 28119-0256 | NC | 2012-06 | $8,400 |
| 9 | B A Hochmark Scholarship Trust | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1990-01 | $96,867 |
| 10 | B And D Behavioral Health Services | 249 E Nc Hwy 54 Suite 320, Durham, NC 27713-2490 | NC | 2004-07 | $5,841,270 |
| 11 | B B Walker Foundation | 212 Worth St, Asheboro, NC 27203-5558 | NC | 1963-11 | $987 |
| 12 | B Brill Fbo Chestnut Hill Tuw 0189 | 100 N Main St 13th Flr, Winston Salem, NC 27150-0001 | NC | $121,999 | |
| 13 | B E & Mattie Ball Styles Foundation | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1968-06 | $37,184 |
| 14 | B J Hill And Associates Inc | 4810 Ramsey Street, Fayetteville, NC 28311 | NC | 2015-04 | $0 |
| 15 | B Keim Fbo Historical Society Of Penna Ir-Tua 1519175819 | 100 N Main St 13th Flr, Winston Salem, NC 27150-0001 | NC | $113,799 | |
| 16 | B S M Kids Inc | 3602 Brooks Hill Ct, Browns Summit, NC 27214-9078 | NC | 2005-09 | $74,276 |
| 17 | B T Morrow Tw P E Morrow, Trustee Uw Morrow Bt - Pe Morrow | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2003-10 | $109,949 |
| 18 | B Thomas Fbo Urol Assoc 4947 Ir Tua 1519178264 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | $5,051 | |
| 19 | B Walton Tuw Fbo St Barnabas Free 1513095392 | 100 N Main St 13th Flr, Winston Salem, NC 27150-0001 | NC | 2006-10 | $68,449 |
| 20 | Back Home Box Foundation | 5221 Tanglewild Dr, Raleigh, NC 27613-1418 | NC | 2009-07 | $32,442 |
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