Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee in Alpharetta, Georgia (GA)
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
| Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee | |
| Employer Identification Number (EIN) | 207197130 |
| Name of Organization | Bonnie R And William H Kinschnerfamily Foundation |
| Secondary Name | Care Of William H Kinschner Ttee |
| Address | 1225 Wynridge Xing, Alpharetta, GA 30005-3816 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2008 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,745,086 |
| Amount of Income | $1,237,984 |
| Form 990 Revenue Amount | $91,769 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $1,237,984 (it was $581,556 in 2012)
| This organization: | $1,237,984 |
| Other organizations performing similar types of work: | $105,489 |
Assets in 2013: $1,745,086 (it was $1,648,402 in 2012)
| This organization: | $1,745,086 |
| Other organizations performing similar types of work: | $325,460 |
Expenses in 2012: $143,121
| Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee: | $143,121 |
| Other organizations performing similar types of work: | $49,058 |
Income to expenses ratio in 2012: 8.6
| Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee: | 8.6 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 0.0%
| Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee: | 0.0% |
| Other organizations performing similar types of work: | 22.8% |
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 | $85,217 | $85,217 | $59,501 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $8,941 | |||
| Dividends and interest from securities | $50,560 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $25,716 | |||
| Total expenses and disbursements | $143,121 | $16,850 | $16,850 | $125,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $18,121 | $16,850 | $0 | |
| Contributions, gifts, grants paid | $125,000 | |||
| Excess of revenue over expenses and disbursements | $-57,904 | |||
| Net investment income | $68,367 | |||
| Adjusted net income | $42,651 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,648,402 | $1,866,718 |
| Cash - non-interest-bearing | $9,846 | |
| Investments-U.S. and state government obligations | $134,144 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $111,933 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,344,017 | |
| Other | $48,462 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $1,648,402 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $25,716 |
| 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 | $684 |
| Total credits and payments | $800 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $800 |
| 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 | $116 |
| Amount to be credited to 2013 estimated tax | $116 |
| 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 | $1,912,288 |
| Net value of noncharitable-use assets | $1,883,600 |
| Minimum investment return | $94,180 |
| Distributable Amount (for 2012) | |
| Distributable amount | $93,496 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $93,496 |
| 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 |
| Telugu Association Of Metro Atlanta in Alpharetta, GA |
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
  |
Yargo Community Concert Band Incorporated in Hoschton, GA
 |
| Carrollton Empty Stocking Fund Inc in Carrollton, GA |
|
Beckel Inc in Roswell, GA
|
|
Renewal Counseling Group Inc in Lawrenceville, GA
|
|
Nehemiah Project Outreach Ministries Inc in Fayetteville, GA
|
|
Mature Ministries Inc in Perry, GA
|
|
Stonehenge Youth Association Inc in Athens, GA
|
|
Pleasant Grove Baptist Church, Chattooga in Summerville, GA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Correll Family Foundation Inc | 191 Peachtree St Ste 4050, Atlanta, GA 30303-1786 | GA | 2005-12 | $21,778,557 |
| 2 | Naserian Foundation Inc | 3223 Howell Mill Rd Nw, Atlanta, GA 30327-4105 | GA | 2013-06 | $10,139,438 |
| 3 | The Gaby Family Foundation | 400 Galleria Pkwy Se Ste 1050, Atlanta, GA 30339-5934 | GA | 2012-02 | $8,225,749 |
| 4 | Soma Foundation Inc | PO BOX 5346, Columbus, GA 31906-0346 | GA | 2014-10 | $7,554,465 |
| 5 | Graham Family Foundation Inc | PO BOX 52047, Atlanta, GA 30355-0047 | GA | 2010-11 | $7,264,309 |
| 6 | Eden Charitable Foundation Inc | 9182 Selborne Ln, Palmetto, GA 30268-2268 | GA | 2012-07 | $6,521,959 |
| 7 | Tom And Linda Hannon Foundation Inc | 1851 Collinsworth Rd, Palmetto, GA 30268-9407 | GA | 2005-04 | $5,933,914 |
| 8 | Melvin Douglas And Victoria Kay Ivester Foundation Inc | 411 Peachtree Battle Ave Nw, Atlanta, GA 30305-4032 | GA | 2012-11 | $5,478,044 |
| 9 | Jesse David Hendley Foundation Inc | 380 Boling Dr, Marietta, GA 30068-3601 | GA | 2012-12 | $5,422,494 |
| 10 | Tillotson-Menlo Charitablefoundation Inc | PO BOX 389, Menlo, GA 30731-0389 | GA | 2006-01 | $3,805,889 |
| 11 | Virginia Kimbrough Clark Reese & Thomas Matt Reese Trust | PO BOX 23024, Columbus, GA 31902-3024 | GA | 2000-03 | $3,605,675 |
| 12 | The Klump Family Foundation Inc | 3060 Peachtree Rd Nw Ste 400, Atlanta, GA 30305-2239 | GA | 2008-05 | $3,521,432 |
| 13 | Entelechy Foundation | PO BOX 57343, Atlanta, GA 30343-1343 | GA | 2015-04 | $3,500,000 |
| 14 | Another Chance Foundation Inc | 3259 Duluth Highway 120 Suite 200, Duluth, GA 30096-3652 | GA | 2015-02 | $3,003,256 |
| 15 | Simmons Family Foundation Trust 111003 3025889073, Simmons Norbert Et Al Ttee | 75 14th St Ne Unit 3240, Atlanta, GA 30309-7607 | GA | 2004-02 | $2,743,272 |
| 16 | Dan Laz Foundation Inc | 40 Kenmare Hall Ne, Atlanta, GA 30324-2566 | GA | 2013-05 | $2,107,316 |
| 17 | Waters Foundation Inc | 35 Island Dr, Savannah, GA 31406-5238 | GA | 2006-10 | $2,099,691 |
| 18 | Sophia Academy Inc | 1199 Bellaire Dr Ne, Brookhaven, GA 30319-1105 | GA | 2000-01 | $1,981,384 |
| 19 | Go Big Red Foundation, James K & Sarah J Walton Ttee | 5038 Carol Ln Nw, Atlanta, GA 30327-4615 | GA | 2013-06 | $1,952,345 |
| 20 | Shoff Foundation Inc | 1325 Satellite Blvd Nw Ste 1001, Suwanee, GA 30024-4698 | GA | 2012-06 | $1,927,566 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 22,395 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee »
Non-representatives - add comments about Bonnie R And William H Kinschnerfamily Foundation, Care Of William H Kinschner Ttee»