Gift Of Love Foundation in Bronx, New York (NY)

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Gift Of Love Foundation
Employer Identification Number (EIN)260353807
Name of OrganizationGift Of Love Foundation
In Care of NamePansie Bingham
Address914 E 232nd St, Bronx, NY 10466-4610
SubsectionCharitable Organization
Ruling Date09/2007
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period12/2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$366
Amount of Income$290
Form 990 Revenue Amount$290
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Exchanges (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$290
Contributions, gifts, grants, and similar amounts received$290
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$0
Total net assets$-2,407
Excess for the year$290
Net assets or fund balances at beginning of year$-2,697
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$366
Total liabilities$2,773
Net assets or fund balances$-2,407
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$14,801
Gifts, grants, contributions, and membership fees received$14,801
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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