Donahue Charitable Foundation in Charlotte, 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
| Donahue Charitable Foundation | |
| Employer Identification Number (EIN) | 043368096 |
| Name of Organization | Donahue Charitable Foundation |
| In Care of Name | Edward C Donahue |
| Address | 1717 Cleveland Ave, Charlotte, NC 28203-4735 |
| Activities | Other religious activities |
| Subsection | Charitable Organization |
| Ruling Date | 10/1997 |
| 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 | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,500,269 |
| Amount of Income | $672,874 |
| Form 990 Revenue Amount | $138,980 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
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 | $365,450 | $14,946 | $14,946 | |
| Contributions, gifts, grants, etc., received | $183,470 | |||
| Interest on savings and temporary cash investments | $2,003 | |||
| Dividends and interest from securities | $12,836 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $107 | |||
| Other | $167,034 | |||
| Total expenses and disbursements | $79,950 | $287 | $0 | $41,057 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $38,901 | $287 | $8 | |
| Contributions, gifts, grants paid | $41,049 | |||
| Excess of revenue over expenses and disbursements | $285,500 | |||
| Net investment income | $14,659 | |||
| Adjusted net income | $14,946 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,038,387 | $1,335,448 |
| Cash - non-interest-bearing | $57,117 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $981,270 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1,038,387 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $167,034 |
| 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 | $293 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $293 |
| 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 | $1,063,218 |
| Net value of noncharitable-use assets | $1,047,280 |
| Minimum investment return | $52,364 |
| Distributable Amount (for 2012) | |
| Distributable amount | $52,071 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $52,071 |
| 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 |
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| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Dolores Bingaman Et Al Tw, American Bank & Trust Co Of Pa | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2005-12 | $45,876 |
| 2 | Dolphin Aquatics-Dolphins Swim Team, Dolphin After-School Enrichment Program Dolphin Aquatics And Fitness | Po Box 1430, Hampstead, NC 28443 | NC | 2006-12 | $348,407 |
| 3 | Dolphin Swim Team | PO BOX 44, Dobson, NC 27017-0044 | NC | 1993-05 | $33,382 |
| 4 | Domestic Industries Foundation | 1100 Hardee Rd, Kinston, NC 28504-2529 | NC | 1993-04 | $1,000 |
| 5 | Domestic Violence And Rape Crisis Center Of Scotland County, Shirleys Thrift Shop | PO BOX 2130, Laurinburg, NC 28353-2130 | NC | 1995-07 | $22,138 |
| 6 | Domestic Violence Civil Legal Services Inc, Dvc Legal Services Inc | PO BOX 2716, Chapel Hill, NC 27515-2716 | NC | 2001-08 | $149,784 |
| 7 | Domestic Violence Resource Center Of Alexander County | PO BOX 652, Taylorsville, NC 28681-0652 | NC | 2001-07 | $103,716 |
| 8 | Domestic Violence Shelter And Services Inc | PO BOX 1555, Wilmington, NC 28402-1555 | NC | 1986-11 | $1,651,256 |
| 9 | Dominick Ricci And Anna Boyd Ricci Foundation | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262 | NC | 2008-03 | $1,097,459 |
| 10 | Dominion Ministries Inc | 1530 N Gregson St Suite 3e, Durham, NC 27701-1155 | NC | 2000-08 | $830,601 |
| 11 | Donahue Charitable Foundation | 1717 Cleveland Ave, Charlotte, NC 28203-4735 | NC | 1997-10 | $672,874 |
| 12 | Donald And Elizabeth Cooke Foundation | PO BOX 1940, Southern Pine, NC 28388-1940 | NC | 1980-10 | $535,637 |
| 13 | Donald Hughes Family Foundation Inc | 3 New Bern Sq, Greensboro, NC 27408-3836 | NC | 2001-04 | $20,480 |
| 14 | Don W Miller Foundation, Alice E Koper Ttee | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1997-04 | $469,957 |
| 15 | Doris Floyd Thomas Charitable Tuw | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2009-08 | $386,080 |
| 16 | Dorothea Brinker Scholarship Fund, 1200696000 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1966-06 | $100,051 |
| 17 | Dorothy Douglas Charitable Trust University Of Nm 933-110129700 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2006-08 | $120,745 |
| 18 | Dorothy Henrietta Cahill Trust | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1974-02 | $696,623 |
| 19 | Francis H Mcnaught Scholarship Fund | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2014-06 | $294,604 |
| 20 | E M Malley Charitable Trust E 336-0101591800 | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | $896,903 | |
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