Isabel Castillo Foundation in Raton, New Mexico (NM)
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
| Isabel Castillo Foundation | |
| Employer Identification Number (EIN) | 412155054 |
| Name of Organization | Isabel Castillo Foundation |
| In Care of Name | Paul Kastler |
| Address | PO BOX 130, Raton, NM 87740-0130 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $2,836 |
| Amount of Income | $649 |
| Form 990 Revenue Amount | $649 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Corporate Foundations |
Non-representatives - add comments:
Amount of income in 2011: $649 (it was $4,228 in 2010)
| This organization: | $649 |
| Other organizations performing similar types of work: | $107,502 |
Assets in 2011: $2,836 (it was $223,943 in 2010)
| This organization: | $2,836 |
| Other organizations performing similar types of work: | $322,766 |
Expenses in 2011: $221,755
| This organization: | $221,755 |
| Other organizations performing similar types of work: | $58,249 |
Income to expenses ratio in 2011: 0.0
| This organization: | 0.0 |
| Other organizations performing similar types of work: | 2.0 |
Grants share in income in 2011: 0.0%
| Isabel Castillo Foundation: | 0.0% |
| Other organizations performing similar types of work: | 98.7% |
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $649 | $649 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $649 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $221,755 | $82 | $0 | $221,673 |
| Compensation of officers, directors, trustees, etc. | $2,000 | |||
| Total operating and administrative expenses | $2,892 | $82 | $2,810 | |
| Contributions, gifts, grants paid | $218,863 | |||
| Excess of revenue over expenses and disbursements | $-221,106 | |||
| Net investment income | $567 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,836 | $2,836 |
| Cash - non-interest-bearing | $2,836 | |
| 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 | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,836 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $6 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $6 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $36,074 |
| Net value of noncharitable-use assets | $35,540 |
| Minimum investment return | $1,777 |
| Distributable Amount (for 2011) | |
| Distributable amount | $1,771 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $1,771 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $1,771 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 | The Jpb Foundation | 9 West 57th St 38th Fl, New York, NY 10019-2701 | NY | 2012-01 | $2,423,718,336 |
| 2 | Volkswagen-Stiftung | 30519 Hannover, Germany | international | 1990-08 | $325,265,996 |
| 3 | The California Wellness Foundation | 6320 Canoga Ave Ste 1700, Woodland Hls, CA 91367-2565 | CA | 1991-09 | $259,961,151 |
| 4 | Wal-Mart Foundation | 702 Sw 8th St, Bentonville, AR 72716-6209 | AR | 2006-11 | $169,079,669 |
| 5 | Wiregrass Foundation | 1532 Whatley Dr, Dothan, AL 36303-1984 | AL | 2005-01 | $83,008,074 |
| 6 | Walter J & Betty C Zable Foundation, Warren Magill | PO BOX 85587, San Diego, CA 92186-5587 | CA | 1997-08 | $56,343,185 |
| 7 | Jonathan And Kathleen Altman Foundation | 125 Lincoln Ave Ste 301, Santa Fe, NM 87501-2060 | NM | 2000-09 | $5,630,685 |
| 8 | Artesia Library Foundation | PO BOX 1020, Artesia, NM 88211-1020 | NM | 2012-02 | $4,089,594 |
| 9 | Con Alma Health Foundation | 144 Park Ave, Santa Fe, NM 87501-1833 | NM | 2002-08 | $3,187,671 |
| 10 | Hewlett Family Foundation Inc | 7725 Vista Del Arroyo Ave Ne, Albuquerque, NM 87109-3025 | NM | 1999-03 | $2,154,700 |
| 11 | Slayton Foundation | PO BOX 2035, Roswell, NM 88202-2035 | NM | 2002-11 | $1,501,389 |
| 12 | Abeles Foundation | 3730 Old Santa Fe Trl, Santa Fe, NM 87505-4573 | NM | 2002-03 | $557,390 |
| 13 | Questa Economic Development Fund | PO BOX 1072, Questa, NM 87556-1072 | NM | 2011-02 | $342,811 |
| 14 | Hoffman-Bravy Charitable Foundation | 406 Boluth Ln Ste 1, Santa Fe, NM 87505 | NM | 2001-09 | $36,249 |
| 15 | Spence Asset Management Foundation | 2455 E Missouri, Las Cruces, NM 88001-5122 | NM | 2012-08 | $24,573 |
| 16 | Diane Soran Foundation | 1490 Los Pueblos St, Los Alamos, NM 87544-2665 | NM | 2000-01 | $890 |
| 17 | Isabel Castillo Foundation | PO BOX 130, Raton, NM 87740-0130 | NM | 2005-10 | $649 |
| 18 | Margaret Lefranc Art Foundation Inc | 369 Montezuma No 421, Santa Fe, NM 87501 | NM | 1996-04 | $0 |
| 19 | New Mexico Educators Federal Credit Union Foundation | 4100 Pan American Freeway Bldg C, Albuquerque, NM 87107-4752 | NM | 2014-11 | $0 |
| 20 | Santa Fe Del Sur Rotary Foundation | Po Box 4582, Santa Fe, NM 87502 | NM | 1998-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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