R Aumon And Mary Scott Bass Endowment Fund Inc in Wilson, 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
| R Aumon And Mary Scott Bass Endowment Fund Inc | |
| Employer Identification Number (EIN) | 541296056 |
| Name of Organization | R Aumon And Mary Scott Bass Endowment Fund Inc |
| In Care of Name | First National Bank Of Farmville |
| Address | PO BOX 2907, Wilson, NC 27894-2907 |
| Activities | Scholarships (other), Other religious activities |
| Subsection | Charitable Organization |
| Ruling Date | 05/1985 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $120,321 |
| Amount of Income | $50,862 |
| Form 990 Revenue Amount | $4,398 |
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 | $4,398 | $4,398 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $4,334 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $64 | |||
| Total expenses and disbursements | $10,772 | $4,600 | $0 | $5,829 |
| Compensation of officers, directors, trustees, etc. | $4,600 | |||
| Total operating and administrative expenses | $5,018 | $4,600 | $75 | |
| Contributions, gifts, grants paid | $5,754 | |||
| Excess of revenue over expenses and disbursements | $-6,374 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $120,321 | $128,713 |
| 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 | $119,330 | |
| Other | $991 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $120,321 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $64 |
| 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 | $164 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $164 |
| 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 |
| Overpayment | $164 |
| 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 | $130,086 |
| Net value of noncharitable-use assets | $128,140 |
| Minimum investment return | $6,407 |
| Distributable Amount (for 2012) | |
| Distributable amount | $6,407 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $6,407 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $6,332 |
| 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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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Queheel Fire Department | PO BOX 189, Maxton, NC 28364-0189 | NC | 2001-06 | $412,552 |
| 2 | Quest Academy Inc | 5029 Falls Of Neuse Rd Ste 218, Raleigh, NC 27609-5498 | NC | 1994-04 | $1,010,736 |
| 3 | Questell Foundation Inc | 3609 Scotchcroft Pl, Fuquay Varina, NC 27526-9019 | NC | 2009-10 | $3,188 |
| 4 | Quigless Natural Health Center Of Tarboro Inc | 99 N Main St, Tarboro, NC 27886-5056 | NC | 2007-03 | $7,717 |
| 5 | Quigley Family Foundation, Thomas J Quigley Etal Ttee | 551 Hickory Gap Rd, Franklin, NC 28734-5209 | NC | $238,245 | |
| 6 | Quilters By The Sea Guild Of Wilmington | Po Box 955, Wilmington, NC 28402 | NC | 1984-07 | $120,775 |
| 7 | Quinn Witherspoon Memorial Fund Inc | PO BOX 6768, Concord, NC 28027-1530 | NC | 2009-09 | $10,496 |
| 8 | R A Bryan Foundation Inc | PO BOX 919, Goldsboro, NC 27533-0919 | NC | 1958-08 | $2,276,183 |
| 9 | R A D D Inc | PO BOX 1677, Kinston, NC 28503-1677 | NC | 1975-12 | $69,334 |
| 10 | R A Gray Memorial Scholarship Inc | PO BOX 21072, Raleigh, NC 27619-1072 | NC | 1988-08 | $3,337 |
| 11 | R Aumon And Mary Scott Bass Endowment Fund Inc | PO BOX 2907, Wilson, NC 27894-2907 | NC | 1985-05 | $50,862 |
| 12 | R B Crawford Tr Uw Fbo Methodist Childrens Home Nect | 1525 W Wt Harris Blvd, Charlotte, NC 28288-0001 | NC | 1973-03 | $3,665 |
| 13 | R B Terry Charitable Foundation Inc | PO BOX 2003, High Point, NC 27261-2003 | NC | 1999-01 | $1,537,889 |
| 14 | R B Terry Trust Wachovia Bank { Tr Co Nattee | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1955-03 | $77,908 |
| 15 | R Britt Fbo Church Upkeep 4947 Twu 1513093303 | 1525 W Wt Harris Blvd, Charlotte, NC 28288-0001 | NC | $73,900 | |
| 16 | R Brown Mcallister Elementary School Pto | 541 Sunnyside Dr Se, Concord, NC 28025-3707 | NC | 2002-10 | $124,619 |
| 17 | R Bruce Irons Camp Fund | 725 Providence Rd Ste 326, Charlotte, NC 28207-2370 | NC | 2003-06 | $213,768 |
| 18 | R C Hines Jr & Viola D Hines Foundation | 233 Bellewood Dr, Henderson, NC 27536-4803 | NC | 1995-07 | $10,308 |
| 19 | R C White School Boy Rowing | 1 W 4th St 4th Floor, Winston Salem, NC 27101-3818 | NC | $272,741 | |
| 20 | R F Young Family Foundation Inc | 3101 Hillsborough St, Raleigh, NC 27607-5436 | NC | 2009-03 | $1 |
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