Charles H Taylor Family Foundation in Pittsburgh, Pennsylvania (PA)
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
| Charles H Taylor Family Foundation | |
| Employer Identification Number (EIN) | 043254676 |
| Name of Organization | Charles H Taylor Family Foundation |
| In Care of Name | Mellon Trust Of New England |
| Address | PO BOX 185, Pittsburgh, PA 15230-0185 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2010 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $2,797,738 |
| Amount of Income | $140,057 |
| Form 990 Revenue Amount | $59,428 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations |
Non-representatives - add comments:
Amount of income in 2010: $140,057 (it was $59,428 in 2011)
| This organization: | $140,057 |
| Other organizations performing similar types of work: | $182,919 |
Assets in 2010: $2,797,738 (it was $2,721,215 in 2011)
| This organization: | $2,797,738 |
| Other organizations performing similar types of work: | $564,464 |
Expenses in 2011: $135,951
| This organization: | $135,951 |
| Other organizations performing similar types of work: | $67,216 |
Income to expenses ratio in 2011: 1.0
| Charles H Taylor Family Foundation: | 1.0 |
| Other organizations performing similar types of work: | 2.9 |
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $59,428 | $59,428 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $52,709 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $6,719 | |||
| Total expenses and disbursements | $135,951 | $8,324 | $0 | $126,562 |
| Compensation of officers, directors, trustees, etc. | $11,318 | |||
| Total operating and administrative expenses | $13,951 | $8,324 | $4,562 | |
| Contributions, gifts, grants paid | $122,000 | |||
| Excess of revenue over expenses and disbursements | $-76,523 | |||
| Net investment income | $51,104 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,721,215 | $2,470,599 |
| 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 | $2,691,546 | |
| Other | $29,669 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,721,215 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $6,719 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $1,022 |
| Total credits and payments | $1,002 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $1,002 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $20 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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? | Yes |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $2,708,373 |
| Net value of noncharitable-use assets | $2,667,740 |
| Minimum investment return | $133,387 |
| Distributable Amount (for 2011) | |
| Distributable amount | $13,236,500 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $13,236,500 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $12,689,600 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 |
| Allegheny Tax Society in Pittsburgh, PA |
Lifesitenews Com Inc in Pittsburgh, PA
  |
|
Newport Drive Properties in Pittsburgh, PA
|
| The Pittsburgh Project in Pittsburgh, PA |
| Cornerstone Church Of Clarion in Shippenville, PA |
|
Pink Hands Of Hope in Mechanicsburg, PA
|
| The Christine M Mccaffrey Community Emergency Fund in Langhorne, PA |
| Valley Asa Softball in Sayre, PA |
|
Rotary International, Altoona-Sunrise Rotary Club in Altoona, PA
|
|
Light Of The World Ministries in Philadelphia, PA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Evelyn Toll Family Foundation | 1735 Market St C/O R Braemer, Philadelphia, PA 19103-7599 | PA | 1997-05 | $5,353,968 |
| 2 | The Murphy Family Foundation | PO BOX 73, New York, NY 10274-0073 | NY | 1995-01 | $4,225,123 |
| 3 | Tracy Family Foundation | PO BOX 25, Mt Sterling, IL 62353-0025 | IL | 1997-12 | $3,593,976 |
| 4 | Turn 2 Foundation Inc | 1360 East 9th St, Cleveland, OH 44114-1782 | OH | 1997-07 | $3,402,750 |
| 5 | Vivian L Smith Foundation For Neurologic Research | 1900 West Loop S Ste 1050, Houston, TX 77027-3295 | TX | 1981-03 | $3,383,098 |
| 6 | The Moshe And Frady Kalter Foundation Inc | C/O Moshe Kalter 1621 54th Street, Brooklyn, NY 11204 | NY | 1995-09 | $2,798,732 |
| 7 | S P & Estelle Yates Family Foundation | 101 South 4th Street Suite B, Artesia, NM 88210-2177 | NM | 1995-11 | $2,668,068 |
| 8 | Redman Foundation Inc | PO BOX 38567, Dallas, TX 75238-0567 | TX | 1995-11 | $2,300,377 |
| 9 | Martin Guitar Charitable Foundation | 510 Sycamore St, Nazareth, PA 18064-1000 | PA | 1997-04 | $2,116,194 |
| 10 | Thomas Marshall Foundation, Marshall Thomas Ttee | 441 Division St Ste 202, Sewickley, PA 15143-1774 | PA | 1995-11 | $1,572,397 |
| 11 | Alexander B Gilfillan Charitable Trust | PO BOX 609, Pittsburgh, PA 15230-0609 | PA | 1997-12 | $1,504,107 |
| 12 | Jessie G Roman Charitable Tr 108422wr038 | PO BOX 185, Pittsburgh, PA 15230-0185 | PA | 1995-09 | $839,001 |
| 13 | Miramare Foundation Tr, Hunt Richard M & Priscilla S Ttees | One Oxford Centre 20th, Pittsburgh, PA 15219 | PA | 1995-12 | $542,398 |
| 14 | Firstfruits Foundation | PO BOX 239, Elverson, PA 19520-0239 | PA | 1995-09 | $520,772 |
| 15 | Elmer & Annabelle Snyder Foundation, Snyder David E Co Ttee | PO BOX 1022, Kittanning, PA 16201-5022 | PA | 1995-08 | $311,505 |
| 16 | Kremer Charitable Remainder Tr | PO BOX 185, Pittsburgh, PA 15230-0185 | PA | 1997-07 | $198,061 |
| 17 | Marilyn K Kiefer Foundation | 150 Pittsburgh St, Scottdale, PA 15683-1733 | PA | 1996-01 | $197,853 |
| 18 | William I & Patricia S Snyder Foundation, Neuman K Sidney | Normandy Place 107 Patton Drive No, Moon Twp, PA 15108 | PA | 1996-01 | $163,512 |
| 19 | The John K & Elizabeth W Knorr Charitable Foundation | 1650 Market St Ste 1200, Philadelphia, PA 19103-7311 | PA | 1997-07 | $84,155 |
| 20 | The Ressler Family Foundation | 940 W Sproul Road, Springfield, PA 19064-1255 | PA | 1995-06 | $5 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 221 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Charles H Taylor Family Foundation »
Non-representatives - add comments about Charles H Taylor Family Foundation»