National Welsh American Foundation in Clarks Summit, Pennsylvania (PA)

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National Welsh American Foundation
Employer Identification Number (EIN)521183465
Name of OrganizationNational Welsh American Foundation
In Care of NameJohn Griffiths
Address301 Stone Ave, Clarks Summit, PA 18411-1560
ActivitiesCultural exchanges with foreign country, Scholarships (other), Described in section 170(b)1)(a)(vi) of the Code
SubsectionEducational Organization
Ruling Date06/1980
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$372,187
Amount of Income$33,118
Form 990 Revenue Amount$33,118


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$43,199
Contributions, gifts, grants, and similar amounts received$20,003
Program service revenue including government fees and contracts$0
Membership dues and assessments$6,005
Investment income$17,191
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$31,845
Total net assets$354,341
Excess for the year$11,354
Net assets or fund balances at beginning of year$325,929
Other changes in net assets or fund balances$17,058
Balance Sheets (for 2012)
Total assets$354,341
Total liabilities$0
Net assets or fund balances$354,341
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$198,652
Gifts, grants, contributions, and membership fees received$113,761
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$84,891
Gross receipts from related activities, etc.$0
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