Harley W Howell Charitable Foundation Trust 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
| Harley W Howell Charitable Foundation Trust | |
| Employer Identification Number (EIN) | 526033554 |
| Name of Organization | Harley W Howell Charitable Foundation Trust |
| In Care of Name | Union Trust Co Of Maryland |
| Address | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262-8522 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1963 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $500,000 to $999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $568,178 |
| Amount of Income | $714,422 |
| Form 990 Revenue Amount | $153,145 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $153,145 | $135,145 | $18,000 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $18 | |||
| Dividends and interest from securities | $11,899 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $18,000 | |||
| Other | $123,228 | |||
| Total expenses and disbursements | $159,104 | $7,554 | $0 | $150,850 |
| Compensation of officers, directors, trustees, etc. | $10,000 | |||
| Total operating and administrative expenses | $12,504 | $7,554 | $4,250 | |
| Contributions, gifts, grants paid | $146,600 | |||
| Excess of revenue over expenses and disbursements | $-5,959 | |||
| Net investment income | $127,591 | |||
| Adjusted net income | $18,000 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $568,178 | $568,178 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $568,178 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $568,178 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $123,228 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $1,276 |
| Total credits and payments | $416 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $416 |
| 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 | $860 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $714,503 |
| Net value of noncharitable-use assets | $703,780 |
| Minimum investment return | $35,189 |
| Distributable Amount (for 2011) | |
| Distributable amount | $51,913 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $51,913 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 |
Living Church Of God International Inc in Charlotte, NC
 |
| Mission Servants Ministries in Charlotte, NC |
| Grandmaz Hands in Charlotte, NC |
|
Ties That Bind Us Together Inc in Charlotte, NC
|
Resourceslinked in Charlotte, NC
 |
| House Of Grace in Charlotte, NC |
|
Hope For Tomorrows Generation in Charlotte, NC
|
| Muslim Women Of The Carolinas in Charlotte, NC |
|
Unity Center For Spiritual Living in Charlotte, NC
|
|
Centers For Spiritual Living, Csl Asheville in Asheville, NC
|
| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Harambee Group 2 Inc | 512 Klumac Road, Salisbury, NC 28144 | NC | 2006-06 | $99,352 |
| 2 | Harbor Incorporated | PO BOX 1903, Smithfield, NC 27577-1903 | NC | 1984-12 | $1,283,298 |
| 3 | Harbour House Ministries, Harbour House Inc | P O Box 1309 3237b Knotts Grove Road, Oxford, NC 27565 | NC | 2002-12 | $75,470 |
| 4 | Harbour Town Racquet Club Of New Bern | PO BOX 15001, New Bern, NC 28561-5001 | NC | 1976-05 | $57,897 |
| 5 | Harbour Village Yacht Club Inc | PO BOX 786, Hampstead, NC 28443-0786 | NC | 1990-08 | $66,724 |
| 6 | Harding University High School Band Assoc | PO BOX 667773, Charlotte, NC 28266-7773 | NC | 2012-05 | $105,308 |
| 7 | Harding University High School Ram Club | 2001 Alleghany Street, Charlotte, NC 28208 | NC | 2006-11 | $26,161 |
| 8 | Harinam Festivals Incorporated | PO BOX 100, Sandy Ridge, NC 27046-0100 | NC | 1987-11 | $146,176 |
| 9 | Harkers Island Electric Membership Corp | PO BOX 1490, Newport, NC 28570-1490 | NC | 1967-05 | $2,074,879 |
| 10 | Harkers Island Fire & Rescue Department Inc | PO BOX 273, Harkers Is, NC 28531-0273 | NC | 1995-02 | $433,613 |
| 11 | Harley W Howell Charitable Foundation Trust | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262-8522 | NC | 1963-05 | $714,422 |
| 12 | Harlowe Volunteer Fire Dept Of Craven & Carteret Counties Nc | 3930 Hwy 101, Havelock, NC 28532 | NC | 1977-09 | $530,678 |
| 13 | Grace L Pittard Trust No 1071c, Wells Fargo Bank Illinois N A | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | $652,454 | |
| 14 | Grace S Isaacs Trust Uw | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | $336,058 | |
| 15 | Granny Shannys Giftbox Inc | 2501 Blue Ridge Rd Ste 190, Raleigh, NC 27607-6376 | NC | 2009-02 | $123,577 |
| 16 | Gravure Education Foundation Inc | 8281 Pine Lake Rd, Denver, NC 28037-8812 | NC | 1979-06 | $184,883 |
| 17 | Gotham City Kitties Inc | 1201 Blueberry Ln, Charlotte, NC 28226-6521 | NC | 2005-03 | $48,658 |
| 18 | Hal Webb Evangelistic Association | 2022 Stone Brook Drive, Mebane, NC 27302 | NC | 1965-02 | $0 |
| 19 | Gold Medallion Foundation School Of Esther | 121 Westwick Lane, Fayetteville, NC 28314 | NC | 2002-07 | $0 |
| 20 | Gray Family Foundation Inc | 3319 Indian Meadows Ln, Charlotte, NC 28210-6062 | NC | 2001-04 | $18,574 |
Organization representatives - add corrected or new information about Harley W Howell Charitable Foundation Trust »
Non-representatives - add comments about Harley W Howell Charitable Foundation Trust»