Robert Josephy Tr Uw Fbo Martha D Josephy 9519898906, Chipman David R & Richard S Land Ex in Winston Salem, 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
- Organizations performing similar types of work
| Robert Josephy Tr Uw Fbo Martha D Josephy 9519898906, Chipman David R & Richard S Land Ex | |
| Employer Identification Number (EIN) | 066402151 |
| Name of Organization | Robert Josephy Tr Uw Fbo Martha D Josephy 9519898906 |
| Secondary Name | Chipman David R & Richard S Land Ex |
| In Care of Name | Wachovia Bank Na |
| Address | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $214,005 |
| Amount of Income | $35,449 |
| Form 990 Revenue Amount | $9,184 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $35,449 (it was $50,864 in 2012)
| This organization: | $35,449 |
| Other organizations performing similar types of work: | $105,489 |
Assets in 2013: $214,005 (it was $202,103 in 2012)
| Robert Josephy Tr Uw Fbo Martha D Josephy 9519898906, Chipman David R & Richard S Land Ex: | $214,005 |
| Other organizations performing similar types of work: | $325,460 |
Expenses in 2012: $15,499
| This organization: | $15,499 |
| Other organizations performing similar types of work: | $49,058 |
Income to expenses ratio in 2012: 2.3
| Robert Josephy Tr Uw Fbo Martha D Josephy 9519898906, Chipman David R & Richard S Land Ex: | 2.3 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 22.8% |
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 | $18,380 | $18,380 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $5,808 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $12,572 | |||
| Total expenses and disbursements | $15,499 | $2,569 | $0 | $12,730 |
| Compensation of officers, directors, trustees, etc. | $3,380 | |||
| Total operating and administrative expenses | $4,606 | $2,569 | $1,837 | |
| Contributions, gifts, grants paid | $10,893 | |||
| Excess of revenue over expenses and disbursements | $2,881 | |||
| Net investment income | $15,811 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $202,103 | $239,164 |
| Cash - non-interest-bearing | $93 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $100,045 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $92,192 | |
| Other | $9,773 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $202,103 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $12,572 |
| 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 | $158 |
| Total credits and payments | $140 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $140 |
| 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 | $18 |
| 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? | 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 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 | $243,051 |
| Net value of noncharitable-use assets | $239,400 |
| Minimum investment return | $11,970 |
| Distributable Amount (for 2012) | |
| Distributable amount | $11,812 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $11,812 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $9,975 |
| 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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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | William R Kenan Jr Charitable Tr, F H & T S Kenan Et Al Ttees | PO BOX 4150, Chapel Hill, NC 27515-4150 | NC | 2012-08 | $93,330,220 |
| 2 | Fredrick D And Karen G Schaufeld Family Foundation | 1101 Norwalk St, Greensboro, NC 27407-2022 | NC | 2015-01 | $16,232,798 |
| 3 | The@w Duke Kimbrell Family Foundation | 1525 W W T Harris Blvd D1114-044, Charlotte, NC 28262-8522 | NC | 2005-11 | $12,213,200 |
| 4 | Roland R & Hazel C Todd Foundation Trust - 82674900 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2010-12 | $9,883,267 |
| 5 | Weston Havens Foundation Tr | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2003-06 | $9,675,167 |
| 6 | William Josef Foundation Inc | 1525 W W T Harris Blvd, Charlotte, NC 28262-8522 | NC | 2007-06 | $9,263,796 |
| 7 | James B Linsmayer Foundation Tr | 1 W 4th St, Winston Salem, NC 27101-3818 | NC | 2011-02 | $8,487,098 |
| 8 | The Asha And Sajjan Agarwal Foundation | 1330 Sunday Dr Ste 105, Raleigh, NC 27607-5196 | NC | 2008-02 | $7,910,308 |
| 9 | E Claiborne Robins Jr Charitable Tr | 1525 W W T Harris Blvd, Charlotte, NC 28262-8522 | NC | 2011-03 | $7,353,862 |
| 10 | City Of Oaks Foundation Inc | PO BOX 18928, Raleigh, NC 27619-8928 | NC | 2011-11 | $6,160,041 |
| 11 | Mark And Judy Heinemann Foundationinc | 18916 Riverwind Ln, Davidson, NC 28036-7849 | NC | 2007-06 | $5,960,044 |
| 12 | Smithville Charitable Foundation | 1525 W W T Harris D1114-044, Charlotte, NC 28288-0001 | NC | 2007-09 | $5,864,555 |
| 13 | Jt Hobby Jr Endowment Fund, J T Hobby Jr Ttee | PO BOX 18506, Raleigh, NC 27619-8506 | NC | 2012-07 | $5,557,143 |
| 14 | Margaret B Vaughn Charitable Foundation, First Presylerian Church Et Al Ttee | PO BOX 2907, Wilson, NC 27894-2907 | NC | 2012-10 | $5,545,055 |
| 15 | Alexander Mccausland Charitable Tr 6520858102 | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262 | NC | 2009-06 | $5,049,483 |
| 16 | Robert K Mosser Trust Uw | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2009-08 | $5,006,608 |
| 17 | The 25th Century Foundation | 1525 W W T Harris Blvd, Charlotte, NC 28262-8522 | NC | 2000-11 | $4,880,972 |
| 18 | Victor W Kramer Charitable Tr | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262 | NC | 2012-10 | $4,675,466 |
| 19 | Robert Sidney Needham Foundation | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262 | NC | 2010-04 | $4,395,351 |
| 20 | William C Ethridge Foundation Inc | PO BOX 18347, Raleigh, NC 27619-8347 | NC | 2014-02 | $3,826,608 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 22,395 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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