Carl Albert Foundation in Edmond, Oklahoma (OK)

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Carl Albert Foundation
Employer Identification Number (EIN)731477887
Name of OrganizationCarl Albert Foundation
In Care of NameMike Turpen
Address5054 Magnolia Way, Edmond, OK 73034-9270
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Other school related activities
SubsectionEducational Organization
Ruling Date03/1997
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2008
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$1
Amount of Income$409
Form 990 Revenue Amount$0
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)


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Unrelated Trade or Business Income (for 2001)
IncomeExpensesNet
Total$134,771$0$13,477
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$13,477$0$13,477
Deductions Not Taken Elsewhere (for 2001)
Total deductions$86,788
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$4,185
Bad debts$0
Interest$27,333
Taxes and licenses$2,338
Charitable contributions$0
Depreciation$21,618
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$31,314
Unrelated business taxable income$-73,311
Unrelated business taxable income before net operating loss deduction$-73,311
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-73,311
Specific deduction$1,000
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