Trumbull County Scholarship Foundation in Youngstown, Ohio (OH)
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 Ohio
| Trumbull County Scholarship Foundation | |
| Employer Identification Number (EIN) | 346545694 |
| Name of Organization | Trumbull County Scholarship Foundation |
| In Care of Name | Michael P Craig |
| Address | 100 E Federal St Ste 514, Youngstown, OH 44503-1835 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 01/1966 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $83,729 |
| Amount of Income | $6,333 |
| Form 990 Revenue Amount | $3,127 |
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 | $4,506 | $4,506 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $3,033 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1,473 | |||
| Total expenses and disbursements | $5,328 | $94 | $0 | $5,050 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $328 | $94 | $50 | |
| Contributions, gifts, grants paid | $5,000 | |||
| Excess of revenue over expenses and disbursements | $-822 | |||
| Net investment income | $4,412 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $83,729 | $89,062 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $80,451 | |
| Other | $3,278 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $83,729 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $1,473 |
| 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 | $88 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $88 |
| 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? | 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 | $90,783 |
| Net value of noncharitable-use assets | $89,420 |
| Minimum investment return | $4,471 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,383 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,383 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Lucy R Buechner Corp in Youngstown, OH
  |
| Youngstown Dart Association in Youngstown, OH |
|
National Spiritualist Association Of Churches, Ashley Spiritualist Camp in Ashley, OH
|
Osteopathic Heritage Foundation in Columbus, OH
 |
|
Razavi Farsi School Inc in Sylvania, OH
|
|
Madison Summer Baseball League Inc in Mansfield, OH
|
|
Learning Tree Homeschool Group in Pickerington, OH
|
|
Keys Of The Kingdom Ministries International Inc in Orange, OH
|
| Faith Of Tomorrow Church in Painesville, OH |
| Greater Cincinnati Gasoline Dealers Association Inc in Cincinnati, OH |
| Other organizations in Ohio | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Troy Strawberry Festival Inc | 405 Sw Public Square, Troy, OH 45373-3272 | OH | 1986-06 | $201,405 |
| 2 | Tru-Fit Products Corporation Veba Trust | 460 Lake Rd, Medina, OH 44256-2457 | OH | 1985-01 | $780,625 |
| 3 | Truck Car Stop Inc | 2300 Hallock Young Rd Sw, Warren, OH 44481-9238 | OH | 1988-05 | $79,382 |
| 4 | True Hope Community Fellowship, 573837 Summit Association | 1226 Market St Ne, Navarre, OH 44662-8576 | OH | 1963-08 | $51,020 |
| 5 | True North Ministry | 3465 S Arlington Rd, Akron, OH 44312-5272 | OH | 2008-03 | $132,533 |
| 6 | Truenorth Cultural Arts | 4530 Colorado Ave, Sheffield Vlg, OH 44054-2606 | OH | 2001-05 | $193,640 |
| 7 | Trulight Cathedral Global Ministries | 950 Prouty Avenue, Toledo, OH 43609 | OH | 2004-11 | $39,551 |
| 8 | Trumbull Art Gallery | PO BOX 888, Warren, OH 44482-0888 | OH | 1960-02 | $121,366 |
| 9 | Trumbull County Historical Society | PO BOX 1907, Warren, OH 44482-1907 | OH | 1986-10 | $25,595 |
| 10 | 4-H Clubs & Affiliated 4-H Organizations, Trumbull County Beef Boosters 4-H Club | 442 Youngstown Kingsville Rd, Vienna, OH 44473 | OH | 2013-05 | $239,028 |
| 11 | Trumbull County Scholarship Foundation | 100 E Federal St Ste 514, Youngstown, OH 44503-1835 | OH | 1966-01 | $6,333 |
| 12 | Trumbull Heating And Air Conditioning Inc | PO BOX 445, Mineral Ridge, OH 44440-0445 | OH | 2003-10 | $7,244 |
| 13 | Trumbull Housing Development Corporation | 4076 Youngstown-Warren Rd Se, Warren, OH 44484-3367 | OH | 1986-10 | $344,359 |
| 14 | Trumbull Lodge 186 Loyal Order Of Moose, 186 | 674 Main Ave Sw, Warren, OH 44483-5703 | OH | 1935-08 | $464,270 |
| 15 | Trumbull Mobile Meals | 323 E Market St, Warren, OH 44481-1207 | OH | 1971-11 | $683,412 |
| 16 | Trumbull Neighborhood Partnership | 108 Main Ave Sw Ste 1005, Warren, OH 44481-1058 | OH | 2011-06 | $448,385 |
| 17 | Trumbull New Theatre Inc | 5883 Youngstown Warren Rd, Niles, OH 44446-4705 | OH | 1955-06 | $96,398 |
| 18 | Trumbull Town Hall Inc | PO BOX 947, Warren, OH 44482-0947 | OH | 2007-09 | $83,084 |
| 19 | Trust Estate Of George B Riley, Auburn Curry & Hall Ttee | PO BOX 356, Terrace Park, OH 45174-0356 | OH | $2,118,542 | |
| 20 | Trust Fund For The Benefit Of Lorain City School District | 10045 College Park Dr, Concord, OH 44060-6857 | OH | 1995-06 | $8,571,890 |
Organization representatives - add corrected or new information about Trumbull County Scholarship Foundation »
Non-representatives - add comments about Trumbull County Scholarship Foundation»