Bob & Kay Timberlake Foundation in Lexington, 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
- Organizations performing similar types of work
Bob & Kay Timberlake Foundation | |
Employer Identification Number (EIN) | 561874500 |
Name of Organization | Bob & Kay Timberlake Foundation |
In Care of Name | Julia Clodfelter |
Address | 1714 E Center Street Ext, Lexington, NC 27292-1310 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 07/1995 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Tax Period | 12/2012 |
Assets | $1 to $9,999 |
Income | $1 to $9,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $141 |
Amount of Income | $300 |
Form 990 Revenue Amount | $300 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations |
Non-representatives - add comments:
Amount of income in 2012: $300 (it was $300 in 2011)
Bob & Kay Timberlake Foundation: | $300 |
Other organizations performing similar types of work: | $120,021 |
Assets in 2012: $141 (it was $180 in 2011)
Bob & Kay Timberlake Foundation: | $141 |
Other organizations performing similar types of work: | $470,342 |
Expenses in 2012: $339
Bob & Kay Timberlake Foundation: | $339 |
Other organizations performing similar types of work: | $61,754 |
Income to expenses ratio in 2012: 0.9
This organization: | 0.9 |
Other organizations performing similar types of work: | 2.0 |
Grants share in income in 2012: 100.0%
Bob & Kay Timberlake Foundation: | 100.0% |
Other organizations performing similar types of work: | 0.0% |
Expenses 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 | $300 | $0 | $0 | |
Contributions, gifts, grants, etc., received | $300 | |||
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 | $339 | $0 | $0 | $339 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $289 | $0 | $289 | |
Contributions, gifts, grants paid | $50 | |||
Excess of revenue over expenses and disbursements | $-39 | |||
Net investment income | $0 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $141 | $141 |
Cash - non-interest-bearing | $141 | |
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 | $0 | |
Total liabilities and net assets/fund balances | $141 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $0 |
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 | $0 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $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 | $161 |
Net value of noncharitable-use assets | $160 |
Minimum investment return | $8 |
Distributable Amount (for 2012) | |
Distributable amount | $8 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $8 |
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 |
Write your review! |
|
Recently Added Reviews |
Alpha Pregnancy Support Inc in Lexington, NC |
Friends In Need Animal Rescue Inc in Lexington, NC |
Centers For Spiritual Living, Csl Asheville in Asheville, NC
|
Kyle Busch Foundation in Mooresville, NC |
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
Colonial Capital Humane Society in New Bern, NC |
Living Church Of God International Inc in Charlotte, NC
|
Greensboro Cheetahs in Greensboro, NC
|
Life Changing International Church Inc in High Point, NC
|
Mission Servants Ministries in Charlotte, NC |
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Trust Uwo Estelle Hunter | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1972-06 | $4,423,389 |
2 | The Sylvester Family Foundation Inc | PO BOX 295, Richlands, NC 28574-0295 | NC | 1996-09 | $2,279,513 |
3 | Thomas R & Elizabeth E Mclean Foundation Inc | PO BOX 58329, Fayetteville, NC 28305-8329 | NC | 1996-08 | $2,278,881 |
4 | Strickland Family Foundation | 2000 West First Street, Winston Salem, NC 27104-4225 | NC | 1995-01 | $1,736,118 |
5 | Rostan Family Foundation | PO BOX 970, Valdese, NC 28690-0970 | NC | 1995-03 | $1,688,837 |
6 | The Wilson Family Foundation | PO BOX 2278, High Point, NC 27261-2278 | NC | 1997-10 | $1,336,381 |
7 | Thomas H Pitts Trust Uw | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1996-02 | $1,109,087 |
8 | Russell Wismer Char Tr Christ Ch | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | 2001-10 | $1,008,203 |
9 | Cape Fear Clinic Inc | 1605 Doctors Cir, Wilmington, NC 28401-7405 | NC | 1997-09 | $942,479 |
10 | Ranger Tua Fbo Salvation Army | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | 1995-03 | $709,025 |
11 | The Carson Family Foundation Inc | PO BOX 26262, Greensboro, NC 27402-6262 | NC | 1996-03 | $548,445 |
12 | Wilfred E Mccarthy And Elise Mccarthy Memorial Trust | 1 W 4th St 4th Floor, Winston Salem, NC 27101-3818 | NC | 1995-09 | $513,541 |
13 | Tolly Vinik Bascom Palmer Charitable Trust | 1 W 4th St 4th Floor, Winston Salem, NC 27101-3818 | NC | 1996-12 | $419,027 |
14 | Thomas And Kate Fonville Account, Fonville Thomas L Et Al Ttee | 1018 Harvey St, Raleigh, NC 27608-2332 | NC | 1995-05 | $413,503 |
15 | Ross C Griffith Charitable Remainder Unitrust | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | 1997-11 | $399,531 |
16 | Raymond And Mary Grace Rogstad Foundation 80131800 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1996-07 | $253,739 |
17 | Tom & Elaine Wright Family Foundation Inc | 4315 Galax Trl, Greensboro, NC 27410-8861 | NC | 1995-04 | $244,742 |
18 | The Rosenthal Foundation, Norwest Bank Fort Wayne N A | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1995-06 | $170,288 |
19 | Drexel Foundation Incorporated | 233 Westwood Dr, Morganton, NC 28655-8965 | NC | 1954-04 | $82,005 |
20 | William M Gilfillin Foundation | 1 W 4th St 4th Floor, Winston Salem, NC 27101-3818 | NC | 1997-12 | $56,873 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 2,744 |
Organization representatives - add corrected or new information about Bob & Kay Timberlake Foundation »
Non-representatives - add comments about Bob & Kay Timberlake Foundation»