Sun Hill Foundation in Babylon, 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in New York
| Sun Hill Foundation | |
| Employer Identification Number (EIN) | 061326091 |
| Name of Organization | Sun Hill Foundation |
| In Care of Name | Drm Group Llc |
| Address | 26 Railroad Ave Ste 229, Babylon, NY 11702-2204 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1992 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $9,891,818 |
| Amount of Income | $137,937 |
| Form 990 Revenue Amount | $1,292,321 |
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 | $150,561 | $558,156 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $150,465 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $96 | |||
| Total expenses and disbursements | $646,296 | $100,616 | $0 | $455,691 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $100,616 | $100,616 | $0 | |
| Contributions, gifts, grants paid | $545,680 | |||
| Excess of revenue over expenses and disbursements | $-495,735 | |||
| Net investment income | $457,540 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $8,738,641 | $8,800,717 |
| Cash - non-interest-bearing | $27,207 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $5,342,622 | |
| Investments-corporate bonds | $1,646,802 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,670,920 | |
| Other | $51,090 | |
| Total liabilities | $90,000 | |
| Mortgages and other notes payable | $0 | |
| Other | $90,000 | |
| Total liabilities and net assets/fund balances | $8,648,641 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $9,151 |
| Total credits and payments | $11,818 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $7,818 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $4,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $2,667 |
| Amount to be credited to 2013 estimated tax | $2,667 |
| 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 | $8,605,553 |
| Net value of noncharitable-use assets | $8,476,480 |
| Minimum investment return | $423,824 |
| Distributable Amount (for 2012) | |
| Distributable amount | $414,673 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $414,673 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $12,490 | $0 | $12,490 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $12,490 | $0 | $12,490 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $11,490 |
| Unrelated business taxable income before net operating loss deduction | $12,490 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $12,490 |
| Specific deduction | $1,000 |
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Staten Island Council For Animal Welfare | 610 Sinclair Ave, Staten Island, NY 10312-2755 | NY | 1974-07 | $176,619 |
| 2 | Statewide Country Music Association Inc | PO BOX 402, Cortland, NY 13045-0402 | NY | 1981-12 | $315,935 |
| 3 | Steven M And Anita C Heller Family Foundation | 750 Third Ave, New York, NY 10017-2703 | NY | $1,239,378 | |
| 4 | The Stony Point Foundation | PO BOX 425, Saratoga Spgs, NY 12866-0425 | NY | 1995-02 | $2,024,119 |
| 5 | Stony Brook School | 11 Cedar St, Stony Brook, NY 11790-1700 | NY | 1968-07 | $26,814,147 |
| 6 | Stuntz Family Foundation | 750 3rd Ave Fl 16, New York, NY 10017-2716 | NY | 1998-04 | $1,358,223 |
| 7 | Suffolk Academy Of Medicine | 1767-14 Veterans Memorial Highway, Islandia, NY 11749-1536 | NY | 1963-03 | $95,879 |
| 8 | Suffolk County Police Memorial Fund Inc | PO BOX 893, Wading River, NY 11792-0893 | NY | 1990-01 | $340,657 |
| 9 | Summit Educational Resources Inc | 150 Stahl Rd, Getzville, NY 14068-1231 | NY | 1978-06 | $22,631,159 |
| 10 | Summit Foundation | 750 Third Ave Ste 11th Fl, New York, NY 10017-2703 | NY | 1996-06 | $1,914,363 |
| 11 | Sun Hill Foundation | 26 Railroad Ave Ste 229, Babylon, NY 11702-2204 | NY | 1992-02 | $137,937 |
| 12 | Sunrise Klein Foundation Inc | C/O A Klein-307 South Grandview Ave, Monsey, NY 10952 | NY | 2000-03 | $15,135 |
| 13 | Surdna Foundation Inc | 330 Madison Avenue, New York, NY 10017-5001 | NY | 1938-04 | $258,379,040 |
| 14 | Susan And Leonard Feinstein Foundation | 2 Jericho Plaza, Jericho, NY 11753-1658 | NY | 1993-02 | $5,024,250 |
| 15 | Swieca Family Foundation, Swieca Henry & Swieca Esther | 950 3rd Ave Fl 23, New York, NY 10022-2876 | NY | 2007-05 | $9,380,898 |
| 16 | Sykes Family Foundation | PO BOX 331, Plainview, NY 11803-0331 | NY | 1994-03 | $1,898,979 |
| 17 | Symphony Space Inc | 2537 Broadway, New York, NY 10025-6947 | NY | 1978-08 | $11,526,464 |
| 18 | Jewish Federation Of Central New York Inc | 5655 Thompson Rd, Dewitt, NY 13214-1234 | NY | 1955-06 | $1,065,086 |
| 19 | Talking Band Inc | PO BOX 293, New York, NY 10012-0005 | NY | 1978-01 | $426,170 |
| 20 | Talmud Research Foundation | 7914 21st Ave, Brooklyn, NY 11214-1948 | NY | 2005-05 | $6,034 |
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