Jack Fanning Memorial Foundation Tr, Herbst James E Et Al Ttee in Cary, North Carolina (NC)
Table of contents:
| Jack Fanning Memorial Foundation Tr, Herbst James E Et Al Ttee | |
| Employer Identification Number (EIN) | 137350415 |
| Name of Organization | Jack Fanning Memorial Foundation Tr |
| Secondary Name | Herbst James E Et Al Ttee |
| In Care of Name | Brosnan & Hegler Llp |
| Address | 307 Bordeaux Ln, Cary, NC 27511-6468 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $207,536 |
| Amount of Income | $105,167 |
| Form 990 Revenue Amount | $83,637 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2013: $105,167 (it was $114,275 in 2012)
| Jack Fanning Memorial Foundation Tr, Herbst James E Et Al Ttee: | $105,167 |
| Other organizations performing similar types of work: | $71,328 |
Assets in 2013: $207,536 (it was $227,468 in 2012)
| This organization: | $207,536 |
| Other organizations performing similar types of work: | $50,799 |
Expenses in 2013: $104,069
| Jack Fanning Memorial Foundation Tr, Herbst James E Et Al Ttee: | $104,069 |
| Other organizations performing similar types of work: | $47,311 |
Income to expenses ratio in 2013: 1.0
| Jack Fanning Memorial Foundation Tr, Herbst James E Et Al Ttee: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 66.9%
| Jack Fanning Memorial Foundation Tr, Herbst James E Et Al Ttee: | 66.9% |
| Other organizations performing similar types of work: | 7.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $109 | $84,587 | $87,506 | $83,637 |
| Contributions, gifts, grants, and similar amounts received | $0 | $56,542 | $57,663 | $55,945 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $109 | $446 | $316 | $239 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $26,874 | $29,503 | $23,968 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $54,667 | $56,272 | $45,498 |
| Less: direct expenses from gaming and fundraising events | $0 | $27,793 | $26,769 | $21,530 |
| Gross profit/loss from sales of inventory | $0 | $725 | $24 | $3,485 |
| Gross sales of inventory, less returns and allowances | $0 | $725 | $24 | $3,485 |
| Less: cost of goods sold | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $2,375 | $109,059 | $73,649 | $104,069 |
| Total net assets | $238,083 | $213,611 | $227,468 | $207,036 |
| Excess/Deficit for the year | $-2,266 | $-24,472 | $13,857 | $-20,432 |
| Net assets or fund balances at beginning of year | $240,349 | $238,083 | $213,611 | $227,468 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $227,468 | $207,036 | ||
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $238,083 | $213,611 | $227,468 | $207,536 |
| Total liabilities | $0 | $0 | $0 | $500 |
| Net assets or fund balances | $238,083 | $213,611 | $227,468 | $207,036 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | ||
| Were any significant changes made to the organizing or governing documents? | No | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | ||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | ||
| Amount of political expenditures, direct or indirect | $0 | $0 | ||
| Did the organization file Form 1120-POL for this year? | No | No | ||
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | ||
| Total amount involved | $0 | $0 | ||
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | ||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | ||
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $204,293 |
| Subtotal Support | $215,546 |
| Gifts, grants, contributions, and membership fees received | $215,546 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $11,253 |
| Total Support | $217,347 |
| Public Support | $215,546 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,801 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $160,671 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Roswell Park Alliance Foundation | Elm And Carlton St, Buffalo, NY 14263-0001 | NY | 1996-08 | $28,110,672 |
| 2 | Science Foundation Arizona | 400 E Van Buren St Ste 220, Phoenix, AZ 85004-2223 | AZ | 2006-11 | $7,919,015 |
| 3 | St Andrews Charitable Foundation | 6633 Delmar Blvd, St Louis, MO 63130-4505 | MO | 2008-01 | $1,344,641 |
| 4 | Tma Support Corporation | 2427 M L K Jr Ave Se, Washington, DC 20020-5815 | DC | 2006-10 | $709,645 |
| 5 | Rotary Club Of Coralsprings-Parkland Foundation Inc | 11873 Nw 2nd Ct, Coral Springs, FL 33071-8017 | FL | 2007-03 | $57,467 |
| 6 | Acn Global Reach Charities Inc | 1000 Progress Pl, Concord, NC 28025-2449 | NC | 2013-02 | $1,294,968 |
| 7 | Thomas Jefferson Community Education Foundation Inc | 2527 Us Hwy 221a, Mooresboro, NC 28114 | NC | 2006-07 | $913,154 |
| 8 | Window World Cares Inc, Tammy E Whitworth Mbr | 118 Shaver St, N Wilkesboro, NC 28659-3403 | NC | 2009-02 | $764,186 |
| 9 | General Parts International Inc Charitable Foundation | PO BOX 26006, Raleigh, NC 27611-6006 | NC | 2004-03 | $739,868 |
| 10 | Gail Norcross Trigueiro Foundation, 7 Degrees Of Change Foundation Inc | 7851 Clinard Farms Rd, High Point, NC 27265 | NC | 2010-08 | $627,171 |
| 11 | Jesse M Weyer Charitable Trust, Fiduciary Tax Dept Pa 1308 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2010-02 | $440,245 |
| 12 | World Reach Inc | 133 Stetson Dr, Charlotte, NC 28262-3326 | NC | 1998-02 | $413,876 |
| 13 | Willie Stargell Foundation Inc | 1213 Culbreth Dr, Wilmington, NC 28405-3639 | NC | 2004-09 | $395,295 |
| 14 | Wayne Charitable Partnership Inc | PO BOX 1107, Goldsboro, NC 27533-1107 | NC | 1982-12 | $270,234 |
| 15 | United Way Of Greater Greensboro Foundation | 330 S Greene St Ste 100, Greensboro, NC 27401-2659 | NC | 2002-09 | $263,463 |
| 16 | Hooptee Charities Inc | PO BOX 11683, Charlotte, NC 28220-1683 | NC | 2010-09 | $262,300 |
| 17 | Orbie For Orphans | PO BOX 2251, Skyland, NC 28776-2251 | NC | 2012-09 | $255,835 |
| 18 | One By One Costa Rica | 435 E Morehead St, Charlotte, NC 28202-2609 | NC | 2011-10 | $236,625 |
| 19 | Jamie Kirk Hahn Foundation | 105 Brooks Ave, Raleigh, NC 27607-7126 | NC | 2013-12 | $221,420 |
| 20 | Boundless Impact | 3125 Kathleen Avenue Suite 109, Greensboro, NC 27408 | NC | 2013-03 | $191,106 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 13,855 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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