Pip Foundation in Tyron, 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
| Pip Foundation | |
| Employer Identification Number (EIN) | 237044673 |
| Name of Organization | Pip Foundation |
| In Care of Name | William P Wuehrmann |
| Address | 180 Doubleday Rd, Tyron, NC 28782-2978 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 02/1970 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 10/2012 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $630 |
| Amount of Income | $827 |
| Form 990 Revenue Amount | $926 |
Non-representatives - add comments:
Revenue 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 | $827 | $2 | $2 | |
| Contributions, gifts, grants, etc., received | $825 | |||
| Interest on savings and temporary cash investments | $2 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $1,000 | $0 | $0 | $1,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $0 | $0 | $0 | |
| Contributions, gifts, grants paid | $1,000 | |||
| Excess of revenue over expenses and disbursements | $-173 | |||
| Net investment income | $2 | |||
| Adjusted net income | $2 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $630 | $603 |
| Cash - non-interest-bearing | $630 | |
| 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 | $630 | |
| 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 | $716 |
| Net value of noncharitable-use assets | $700 |
| Minimum investment return | $35 |
| Distributable Amount (for 2012) | |
| Distributable amount | $35 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $35 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $35 |
| 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 | Pineville Community Athletic Association | PO BOX 626, Pineville, NC 28134-0626 | NC | 2007-08 | $99,274 |
| 2 | Pinewild Maintenance Corp Inc, Pinewild Property Owners Assoc Inc | PO BOX 3975, Pinehurst, NC 28374-3975 | NC | 2000-01 | $858,297 |
| 3 | Pinewood Volunteer Fire Dept Inc | PO BOX 10841, Goldsboro, NC 27532-0841 | NC | 1993-12 | $111,507 |
| 4 | Pinewoods Montessori School Corporation | 109 Millstone Dr Ste L, Hillsborough, NC 27278-8704 | NC | 2009-06 | $365,780 |
| 5 | Piney Green Volunteer Fire Department Inc | PO BOX 6011, Midway Park, NC 28544-0011 | NC | 1990-10 | $324,418 |
| 6 | Piney Grove Volunteer Fire Department Inc | PO BOX 338, Kernersville, NC 27285-0338 | NC | 1975-09 | $626,267 |
| 7 | Piney Grove-Galestown Community Organization Incorporated | PO BOX 2242, Rockingham, NC 28380 | NC | 2014-09 | $0 |
| 8 | Pink Supper House Inc | 506 S Norwood St, Wallace, NC 28466-1620 | NC | 2002-07 | $149,456 |
| 9 | Pinnacle Community Development Corporation, Durham Together For Resilient Youth (Try) One Durham | 2628 Melrose Ave, Durham, NC 27704 | NC | 2007-03 | $153,827 |
| 10 | The Pinnacle Volunteer Fire And Rescue Department Inc | PO BOX 450, Pinnacle, NC 27043-0450 | NC | 1986-08 | $205,190 |
| 11 | Pip Foundation | 180 Doubleday Rd, Tyron, NC 28782-2978 | NC | 1970-02 | $827 |
| 12 | Pisgah Girl Scout Endowment Trust Fund | PO BOX 8249, Asheville, NC 28814-8249 | NC | 1986-07 | $299,699 |
| 13 | Pisgah High School Athletic Boosters Inc | PO BOX 1586, Canton, NC 28716-1586 | NC | 2015-03 | $0 |
| 14 | Pisgah Legal Services | 62a Charlotte St, Asheville, NC 28801-2434 | NC | 1980-05 | $3,282,321 |
| 15 | Pisgah View Memorial Park Inc | PO BOX 175, Candler, NC 28715-0175 | NC | 1955-01 | $86,557 |
| 16 | Pitt & Greene Electric Membership Corporation | PO BOX 249, Farmville, NC 27828-0249 | NC | 1966-12 | $22,448,787 |
| 17 | Pitt Co Partnership For Progress Inc | 1717 W 5th St, Greenville, NC 27834-1601 | NC | 1988-01 | $46,631 |
| 18 | Pitt Co Scholarship Foundation Of East Carolina College Inc | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262 | NC | 1961-04 | $296,580 |
| 19 | Pitt County Aa Group | 1025a E Firetower Rd, Winterville, NC 28590-8438 | NC | 1994-03 | $13,200 |
| 20 | Pitt County Committee Of 100 Inc | PO BOX 1714, Greenville, NC 27835-1714 | NC | 1996-06 | $121,315 |
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