Flora Hewitt Goddard Trust in Winston Salem, 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
Flora Hewitt Goddard Trust | |
Employer Identification Number (EIN) | 066020271 |
Name of Organization | Flora Hewitt Goddard Trust |
Address | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 |
Activities | Non-exempt charitable trust described in section 4947(a)(1) of the Code |
Subsection | Charitable Organization |
Ruling Date | 12/1970 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 09/2014 |
Assets | $1,000,000 to $4,999,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $2,218,137 |
Amount of Income | $177,099 |
Form 990 Revenue Amount | $161,436 |
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 | $98,887 | $96,257 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $71,917 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $26,970 | |||
Total expenses and disbursements | $199,353 | $28,035 | $0 | $168,857 |
Compensation of officers, directors, trustees, etc. | $36,742 | |||
Total operating and administrative expenses | $44,353 | $28,035 | $13,857 | |
Contributions, gifts, grants paid | $155,000 | |||
Excess of revenue over expenses and disbursements | $-100,466 | |||
Net investment income | $68,222 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $2,293,162 | $2,603,706 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $1,276,222 | |
Investments-corporate bonds | $100,000 | |
Investments-mortgage loans | $0 | |
Investments-other | $900,524 | |
Other | $16,416 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $2,293,162 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $26,970 |
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 | $682 |
Total credits and payments | $1,312 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,312 |
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 | $630 |
Amount to be credited to 2013 estimated tax | $630 |
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? | Yes |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
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 | $2,637,404 |
Net value of noncharitable-use assets | $2,597,840 |
Minimum investment return | $129,892 |
Distributable Amount (for 2012) | |
Distributable amount | $129,210 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $129,210 |
Undistributed income for 2012. This amount must be distributed in 2013 | $26,760 |
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 | Flags Across The Nation | 7311 Firespike Road, Charlotte, NC 28277 | NC | 2004-02 | $0 |
2 | Flaming Sword International Ministries Inc | PO BOX 2183, Fayetteville, NC 28302-2183 | NC | 2000-11 | $198,337 |
3 | Flat Branch Volunteer Fire Dept | 2098 Elliott Bridge Rd, Bunnlevel, NC 28323-9009 | NC | 1997-05 | $421,776 |
4 | Flat Top Primitive Baptist Church Cemetary Fund | PO BOX 1843, Mount Airy, NC 27030 | NC | 2006-01 | $16,706 |
5 | Flatwoods Community Fire Department Inc | 3130 Us Hwy 401 South, Lillington, NC 27546 | NC | 1992-08 | $8,866 |
6 | Fleet Reserve Assn Inc Branch 293 | C/O 1716 Providence Road, Elizabeth City, NC 27909 | NC | 1978-03 | $0 |
7 | Fleetwood Volunteer Fire And Rescue Department Inc | PO BOX 280, Fleetwood, NC 28626-0280 | NC | 1977-06 | $286,108 |
8 | Fleshman-Pratt Foun Inc | PO BOX 26514, Winston Salem, NC 27114-6514 | NC | 1967-02 | $164,156 |
9 | Fletcher Fire And Rescue Department Inc | 49 E Fanning Bridge Rd, Fletcher, NC 28732-8245 | NC | 1988-08 | $1,801,688 |
10 | Flood Gallery Fine Art Center | 109 Roberts St 2nd Flr, Asheville, NC 28801-3128 | NC | 2014-07 | $25,180 |
11 | Flora Hewitt Goddard Trust | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1970-12 | $177,099 |
12 | Flora Macdonald Highland Games Ltd | P O Box 547, Red Springs, NC 28377 | NC | 1978-09 | $0 |
13 | Flora Robinson Scholarship Trust, Lineberger Robert H Ttee | PO BOX 102, Lincolnton, NC 28093-0102 | NC | 1982-02 | $328 |
14 | Flora Y Hatcher Charitable Tr | 1 W 4th St 4th Fl Trust Tax Dept, Winston Salem, NC 27101-3818 | NC | 2001-08 | $372,290 |
15 | Florence C Reeve Foundation | 8 Laurel Lakeshore Dr, Pisgah Forest, NC 28768-7831 | NC | 2001-09 | $9,800 |
16 | Florence Collins Tr Uw Fbo Logan Methodist Church Phila | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | $2,898 | |
17 | Florence Crittenton Services Inc | PO BOX 36392, Charlotte, NC 28236-6392 | NC | 1941-04 | $2,188,315 |
18 | Florence E Eckhardt Scholarship Fund, 1519887088 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2008-11 | $207,544 |
19 | Florence E Sinclair Memorial Fund 4019863333 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1975-01 | $150,963 |
20 | Florence Flach Ta Fbo Good Shepard Home | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1988-03 | $245,282 |
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