James B Neely Foundation in Asheboro, 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
| James B Neely Foundation | |
| Employer Identification Number (EIN) | 560190785 |
| Name of Organization | James B Neely Foundation |
| Address | 101 Sunset Ave, Asheboro, NC 27203-5607 |
| Subsection | Charitable Organization |
| Ruling Date | 05/1976 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $12,224 |
| Amount of Income | $13 |
| Form 990 Revenue Amount | $46 |
Non-representatives - add comments:
| 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 | $13 | $13 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $13 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $0 | $0 | $0 | $0 |
| Excess of revenue over expenses and disbursements | $13 | |||
| Net investment income | $13 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $12,224 | $12,224 |
| Cash - non-interest-bearing | $12,224 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $12,224 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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 | $12,221 |
| Net value of noncharitable-use assets | $12,040 |
| Minimum investment return | $602 |
| Distributable Amount (for 2012) | |
| Distributable amount | $602 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $602 |
| 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 | Jacob P And Ruth L Shrago Foundation | 1 W 4th St 4th Fl Trust Tax Dept, Winston Salem, NC 27101-3818 | NC | 1984-07 | $535,964 |
| 2 | Jacob W Kratz Fellowship Fund 1519157982 011 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1986-01 | $1,172,902 |
| 3 | Jacobs Creek Fire Tax District Inc | 2250 Hwy 704, Madison, NC 27025 | NC | 1986-02 | $110,090 |
| 4 | Jacobs Ladder Childrens Center Inc | PO BOX 29527, Charlotte, NC 28229 | NC | 2003-05 | $0 |
| 5 | Jacobs Ladder Job Center Inc | 740 W 5th St, Charlotte, NC 28202-1408 | NC | 1998-07 | $129,374 |
| 6 | Jacobs Well Outreach Ministry | 318 Manson Drewry Rd, Manson, NC 27553-9103 | NC | 2002-02 | $59,755 |
| 7 | James A Bolonda Foundation | 68 Old Hickory Trl, Hendersonvlle, NC 28739-8977 | NC | $70,143 | |
| 8 | James A Graham Trust, Branch Banking And Trust | PO BOX 2907, Wilson, NC 27894-2907 | NC | 1992-10 | $160,047 |
| 9 | James And Pauline Hackbarth Foundation Inc | 6654 Castlebrook Way Sw, Ocean Isl Bch, NC 28469-5620 | NC | 2005-12 | $3,140,960 |
| 10 | James B Hunt Jr Institute For Educational Leadership And Policy | 1000 Park Forty Plz Ste 280, Durham, NC 27713-5260 | NC | 2002-03 | $3,444,418 |
| 11 | James B Neely Foundation | 101 Sunset Ave, Asheboro, NC 27203-5607 | NC | 1976-05 | $13 |
| 12 | James Bond Fund Tua | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | 2003-02 | $882,473 |
| 13 | James C Goodnight Jr Foundation | PO BOX 287, Boone, NC 28607-0287 | NC | 2003-03 | $152,213 |
| 14 | James E & Mary Z Bryan Foundation | PO BOX 29522, Raleigh, NC 27626-0522 | NC | 1959-08 | $2,572,770 |
| 15 | James E Harris Jr Charitable Foundation | PO BOX 11408, Charlotte, NC 28220-1408 | NC | 1989-03 | $115,464 |
| 16 | James E Hoyle Charitable Trust | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2000-01 | $500,454 |
| 17 | James Family Foundation Inc | 219 Cherokee Rd, Charlotte, NC 28207-1905 | NC | 2007-01 | $3,914,864 |
| 18 | James Frank Residuary Trust 2135002 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2003-10 | $57,761 |
| 19 | James G Hanes Memorial Fund | 4605 Country Club Rd, Winston Salem, NC 27104-3519 | NC | 1964-02 | $3,065,999 |
| 20 | James Granville Cunningham Foundation Inc | 108 Valleycreek Dr, Maggie Valley, NC 28751-8669 | NC | 1983-10 | $10,405 |
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