Grove City Foundation, Bny Mellon Na in Grove City, 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
- Other organizations in Pennsylvania
| Grove City Foundation, Bny Mellon Na | |
| Employer Identification Number (EIN) | 256065759 |
| Name of Organization | Grove City Foundation |
| Secondary Name | Bny Mellon Na |
| Address | 209 W Pine St, Grove City, PA 16127-1518 |
| Activities | Endowment fund or financial services |
| Subsection | Charitable Organization |
| Ruling Date | 01/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| 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 | $1,293,297 |
| Amount of Income | $205,962 |
| Form 990 Revenue Amount | $23,012 |
Non-representatives - add comments:
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 | $23,012 | $29,992 | $0 | |
| Contributions, gifts, grants, etc., received | $9,280 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $29,992 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $79,538 | $4,874 | $0 | $64,298 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $15,240 | $4,874 | $0 | |
| Contributions, gifts, grants paid | $64,298 | |||
| Excess of revenue over expenses and disbursements | $-56,526 | |||
| Net investment income | $25,118 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,293,297 | $1,272,008 |
| Cash - non-interest-bearing | $48,629 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,244,668 | |
| Total liabilities | $5,700 | |
| Mortgages and other notes payable | $0 | |
| Other | $5,700 | |
| Total liabilities and net assets/fund balances | $1,287,597 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $-16,260 |
| 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 | $251 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $251 |
| 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? | 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 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 | $774,745 |
| Net value of noncharitable-use assets | $763,120 |
| Minimum investment return | $38,156 |
| Distributable Amount (for 2011) | |
| Distributable amount | $37,905 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $37,905 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $7,760 |
| 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 |
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| Other organizations in Pennsylvania | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Group Motion Multi Media Dance Theatre | 3500 Lancaster Ave, Philadelphia, PA 19104-4916 | PA | 1972-09 | $51,415 |
| 2 | Grouse Hall | 1 Concordia Place, Philadelphia, PA 19147 | PA | 2000-10 | $0 |
| 3 | Grove City Area Chamber Of Commerce | 119 S Broad St, Grove City, PA 16127-1522 | PA | 1993-05 | $196,268 |
| 4 | Grove City Area Historical Society | 111 College Ave, Grove City, PA 16127-1203 | PA | 1999-06 | $23,296 |
| 5 | Grove City Area Rescue & Life Support Unit | PO BOX 4, Grove City, PA 16127-0004 | PA | 1987-02 | $107,625 |
| 6 | Grove City Area United Way | PO BOX 388, Grove City, PA 16127-0388 | PA | 1974-09 | $269,144 |
| 7 | Grove City Area Youth Soccer Association | Po Box 163, Grove City, PA 16127 | PA | 1982-10 | $27,391 |
| 8 | Grove City Community Library Inc | 125 W Main St, Grove City, PA 16127-1221 | PA | 1985-08 | $333,502 |
| 9 | Grove City Education Center For Adults | 118 S Center St, Grove City, PA 16127-1507 | PA | 1992-02 | $51,807 |
| 10 | Grove City Elementary Pto | 482 E Main Street Ext, Grove City, PA 16127-8902 | PA | 2006-10 | $97,911 |
| 11 | Grove City Foundation, Bny Mellon Na | 209 W Pine St, Grove City, PA 16127-1518 | PA | 1988-01 | $205,962 |
| 12 | Grove City Health System | 631 N Broad Street Ext, Grove City, PA 16127-4603 | PA | 2006-05 | $1 |
| 13 | Grove City Health System Foundation | 631 N Broad Street Ext, Grove City, PA 16127 | PA | 2006-02 | $16,598 |
| 14 | Grove City Masonic Hall Association | 1340 West Main Street, Grove City, PA 16127 | PA | 1993-10 | $66,742 |
| 15 | Grove City Revitalization Inc | PO BOX 531, Grove City, PA 16127-0531 | PA | 2003-01 | $35,482 |
| 16 | Grove Fam Foudation Tr, Grove Peggy A Et Al Ttee | 4527 Deer Path Rd, Harrisburg, PA 17110-3920 | PA | 2005-12 | $100,024 |
| 17 | Grove Hill Cemetery Assoc | PO BOX 1142, Oil City, PA 16301-0642 | PA | 1941-11 | $149,923 |
| 18 | Grove House Inc | 436 Old West Creek Rd, Emporium, PA 15834-2810 | PA | 1957-03 | $166,494 |
| 19 | Grover C Shoemaker Memorial Fund | 1199 Lightstreet Rd, Bloomsburg, PA 17815-9575 | PA | 1993-10 | $1,126,501 |
| 20 | Grow For Life Breast Cancer Research And Education Foundation | 3810 Market St, Warren, PA 16365-5250 | PA | 2002-01 | $16,156 |
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