Asda Foundation in New York, New York (NY)
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 New York
| Asda Foundation | |
| Employer Identification Number (EIN) | 521319624 |
| Name of Organization | Asda Foundation |
| In Care of Name | First Spring Corporation |
| Address | 499 Park Ave Fl 26, New York, NY 10022-1240 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1985 |
| 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 | $3,875 |
| Amount of Income | $3 |
| Form 990 Revenue Amount | $3 |
Non-representatives - add comments:
Assets 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 | $3 | $3 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $3 | |||
| Total expenses and disbursements | $2,214 | $74 | $0 | $2,125 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,214 | $74 | $2,125 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-2,211 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $3,875 | $3,875 |
| Cash - non-interest-bearing | $3,810 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $65 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $3,875 | |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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 | $5,896 |
| Net value of noncharitable-use assets | $5,800 |
| Minimum investment return | $290 |
| Distributable Amount (for 2011) | |
| Distributable amount | $290 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $290 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| 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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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Asamblea De Iglesisis Cristianas Unidas Inc | PO BOX 742, Bronx, NY 10468-0705 | NY | 1995-06 | $0 |
| 2 | Asbestos Workers Local 26 Joint Apprentice Training Plan Trust | 4348 Culver Road Suite 3, Rochester, NY 14622 | NY | 2005-06 | $0 |
| 3 | Asbury Church Assembly Of God | 2978 N Triphammer Rd, Lansing, NY 14882-9099 | NY | 1964-08 | $0 |
| 4 | Asbury Korean United Methodist Church | 25 Oakland Ave, Tuckahoe, NY 10707-1810 | NY | 1997-04 | $0 |
| 5 | Asc Properties Inc | 1000 Elmwood Ave Ste 300, Rochester, NY 14620-3098 | NY | 1997-02 | $0 |
| 6 | Ascension | 15 Sumner St, Batavia, NY 14020-3634 | NY | 1946-03 | $0 |
| 7 | Ascension Church | PO BOX 4142, Forest Hills, NY 11375-9142 | NY | 1974-04 | $0 |
| 8 | Ascension Lutheran Church | 8010 Main St, Jamaica, NY 11435-1217 | NY | 1941-07 | $0 |
| 9 | Ascension Lutheran Church Nursery School | 7985 Turin Rd, Rome, NY 13440-1947 | NY | 1988-04 | $0 |
| 10 | Ascension Luthern Church | 145 Franklin Ave, Franklin Sq, NY 11010-1434 | NY | $0 | |
| 11 | Asda Foundation | 499 Park Ave Fl 26, New York, NY 10022-1240 | NY | 1985-06 | $3 |
| 12 | Ashdod Hatoratit Inc | 593 E 8th St, Brooklyn, NY 11218-5905 | NY | 1982-01 | $0 |
| 13 | Ashland Place Holding Corp | 121 Dekalb Avenue, Brooklyn, NY 11201 | NY | 1996-02 | $0 |
| 14 | Ashley Cemetery Association | 3236 Galway Rd, Ballston Spa, NY 12020-2065 | NY | 2008-10 | $0 |
| 15 | Ashok Soni Md Charitable Remainder Unitr 081696, Morrow Patricia Ttee | 1980 Crom Pond Rd, Peekskill, NY 10566 | NY | $0 | |
| 16 | Ashville Fire Department Auxiliary Inc | Po Box 122, Ashville, NY 14710 | NY | 2014-03 | $0 |
| 17 | Ashville Wesleyan Methodist Church Inc | PO BOX 104, Ashville, NY 14710-0104 | NY | 1976-04 | $0 |
| 18 | Asia Chorus Inc | 6937 172nd St, Fresh Meadows, NY 11365 | NY | 1997-10 | $0 |
| 19 | Asia Initiatives | 200 East 61st Street 25b, New York, NY 10065 | NY | 2010-09 | $141,980 |
| 20 | Asian American Cultural Exchange Academy Inc | 841 Prescott Pl, W Babylon, NY 11704 | NY | 2010-03 | $0 |
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