Pinon Foundation in Addison, Texas (TX)
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
- Organizations performing similar types of work
Pinon Foundation | |
Employer Identification Number (EIN) | 205688587 |
Name of Organization | Pinon Foundation |
In Care of Name | Amy Mitchell |
Address | 16803 Dallas Pkwy, Addison, TX 75001-5212 |
Subsection | Charitable Organization |
Ruling Date | 11/2006 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2012 |
Assets | $10,000,000 to $49,999,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $19,269,861 |
Amount of Income | $188,955 |
Form 990 Revenue Amount | $694,050 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations |
Non-representatives - add comments:
Amount of income in 2012: $188,955 (it was $694,050 in 2011)
Pinon Foundation: | $188,955 |
Other organizations performing similar types of work: | $103,138 |
Assets in 2012: $19,269,861 (it was $20,631,603 in 2011)
This organization: | $19,269,861 |
Other organizations performing similar types of work: | $338,623 |
Expenses in 2012: $853,516
This organization: | $853,516 |
Other organizations performing similar types of work: | $46,867 |
Income to expenses ratio in 2012: 0.2
Pinon Foundation: | 0.2 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2012: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 79.6% |
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 | $188,955 | $188,955 | $188,955 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $1,710 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $187,245 | |||
Total expenses and disbursements | $853,516 | $0 | $6,766 | $846,750 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $6,974 | $0 | $208 | |
Contributions, gifts, grants paid | $846,542 | |||
Excess of revenue over expenses and disbursements | $-664,561 | |||
Net investment income | $188,955 | |||
Adjusted net income | $182,189 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $19,269,861 | $19,269,861 |
Cash - non-interest-bearing | $14,903,018 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $0 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $4,366,843 | |
Total liabilities | $26,057 | |
Mortgages and other notes payable | $0 | |
Other | $26,057 | |
Total liabilities and net assets/fund balances | $19,243,804 |
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 | $3,779 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $3,779 |
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 | $19,908,538 |
Net value of noncharitable-use assets | $19,609,920 |
Minimum investment return | $980,496 |
Distributable Amount (for 2012) | |
Distributable amount | $976,717 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $976,717 |
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 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Robert A Welch Foundation 062491 | 5555 San Felipe St Ste 1900, Houston, TX 77056-2730 | TX | 1991-09 | $257,222,948 |
2 | Turningpoint Foundation | 6145 Luther Ln 244, Dallas, TX 75225 | TX | 2006-06 | $29,315,500 |
3 | Rapier Family Foundation | 119 E Kings Hwy, San Antonio, TX 78212-2961 | TX | 2010-12 | $23,541,166 |
4 | Impetus Foundation | 4114 Pond Hill Rd Ste 201, San Antonio, TX 78231-1273 | TX | 2010-03 | $23,465,060 |
5 | James A Buddy Davidson Charitable Foundation | PO BOX 494, Midland, TX 79702-0494 | TX | 2002-05 | $19,256,347 |
6 | Winn Family Foundation Inc | 5500 Preston Rd Ste 250, Dallas, TX 75205-2699 | TX | 2011-07 | $19,251,174 |
7 | Roger & Rosemary Enrico Foundation | 3831 Turtle Creek Blvd Apt 23b, Dallas, TX 75219-4538 | TX | 2000-09 | $14,796,876 |
8 | Walter J & Holly O Thomson Charitable Foundation | PO BOX 831041, Dallas, TX 75283-1041 | TX | 2014-02 | $14,153,772 |
9 | Deena Jo Heide-Diesslin Foundation | 303 Main St Ste 200, Fort Worth, TX 76102-4069 | TX | 2011-02 | $11,300,615 |
10 | Woodforest Charitable Foundation | 21 Waterway Ave Ste 550, The Woodlands, TX 77380-3123 | TX | 2005-05 | $11,160,218 |
11 | Murar Foundation Inc | 901 W 9th St Apt 406, Austin, TX 78703-4634 | TX | 2011-06 | $9,508,424 |
12 | Fmh Foundation | PO BOX 51310, Midland, TX 79710-1310 | TX | 2011-01 | $9,419,967 |
13 | Mildred Yount Manion Charitable Foundation | 6280 Delaware St Ste B, Beaumont, TX 77706-7659 | TX | 2006-05 | $8,412,529 |
14 | William Perry Clements Iii Foundation, Bill And Gigi Clements Foundation | 404 Hamvasy Ln, Tyler, TX 75701-5323 | TX | 2002-07 | $6,829,204 |
15 | Foundation For Truth | 3140 Executive Dr, San Angelo, TX 76904-6802 | TX | 2011-11 | $6,411,851 |
16 | The Fort Worth Foundation Trust | 2501 Gravel Dr, Fort Worth, TX 76118-6904 | TX | 2014-09 | $6,257,476 |
17 | Stephen M Seay Foundation Inc | 4611 Travis St Apt 1409a, Dallas, TX 75205-5581 | TX | 2007-11 | $6,226,537 |
18 | Wwww Foundation | 100 Crescent Ct Ste 700, Dallas, TX 75201-2112 | TX | 2007-02 | $6,125,116 |
19 | Hope 2 Others Foundation | 1709 E Pike Blvd, Weslaco, TX 78599-5026 | TX | 2013-12 | $6,091,765 |
20 | Robert & Ruby Priddy Charitable Tr, Priddy Robert T Ttee | 1005 9th St Suite 102, Wichita Falls, TX 76301 | TX | 2001-06 | $6,084,397 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 20,448 |
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