Arline P Padelford Scholarship Fund in Providence, Rhode Island (RI)
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 Rhode Island
Arline P Padelford Scholarship Fund | |
Employer Identification Number (EIN) | 046096792 |
Name of Organization | Arline P Padelford Scholarship Fund |
In Care of Name | State St Bk |
Address | PO BOX 1802, Providence, RI 02901-1802 |
Activities | Non-exempt charitable trust described in section 4947(a)(1) of the Code |
Subsection | Charitable Organization |
Ruling Date | 06/1972 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $327,160 |
Amount of Income | $110,258 |
Form 990 Revenue Amount | $29,089 |
Non-representatives - add comments:
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 | $34,157 | $34,034 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $7,241 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $6 | |||
Other | $26,910 | |||
Total expenses and disbursements | $16,694 | $2,316 | $0 | $13,486 |
Compensation of officers, directors, trustees, etc. | $3,628 | |||
Total operating and administrative expenses | $4,694 | $2,316 | $1,486 | |
Contributions, gifts, grants paid | $12,000 | |||
Excess of revenue over expenses and disbursements | $17,463 | |||
Net investment income | $31,718 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $329,440 | $335,426 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $277,153 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $26,647 | |
Other | $25,640 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $329,440 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $26,910 |
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 | $634 |
Total credits and payments | $540 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $540 |
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 | $94 |
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? | 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 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 | $328,409 |
Net value of noncharitable-use assets | $323,480 |
Minimum investment return | $16,174 |
Distributable Amount (for 2012) | |
Distributable amount | $15,540 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $15,540 |
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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Other organizations in Rhode Island | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Arabelle G Paine Trust | PO BOX 1802, Providence, RI 02901-1802 | RI | $146,664 | |
2 | Arabic Educational Foundation | PO BOX 312, North Scituate, RI 02857-1545 | RI | 2014-01 | $0 |
3 | Arcadie & Gladys E Giura Trust Ui Scholarship Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1976-09 | $16,091 |
4 | Arch Chemicals Inc Voluntary Employees Beneficiary Assoc Tr | 10 Tripps Ln, Riverside, RI 02915-3014 | RI | 2000-01 | $40 |
5 | Archibald W Buchanan Jr Tr 10 2994 Uw Nect | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $223,918 |
6 | Architectural Woodwork Institute, New England Chapter Awi | 5 Enterprise Lane, Smithfiled, RI 02917-2464 | RI | 1992-01 | $41,895 |
7 | Arden Gustafson Foundation, Gustafson Arden Ttee | PO BOX 1802, Providence, RI 02901-1802 | RI | 2001-04 | $15,024 |
8 | Arkansas Automobile Insurance Plan | C/O Aipso 302 Central Avenue, Johnston, RI 02919-4932 | RI | 1952-07 | $0 |
9 | Arlene E Phelps | PO BOX 1802, Providence, RI 02901-1802 | RI | 1989-03 | $243,708 |
10 | Arlene Smith Trust U/Deed | PO BOX 1802, Providence, RI 02901-1802 | RI | 1977-09 | $1,501,595 |
11 | Arline P Padelford Scholarship Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1972-06 | $110,258 |
12 | Arlington Catholic High School Scholarship Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1965-06 | $41,316 |
13 | Arlottie A Potts Perpetual Tr 9-06178-3, Fleet National Bank | PO BOX 1802, Providence, RI 02901-1802 | RI | $7,972 | |
14 | Loomis Housing Corp Potts Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $137,331 |
15 | Armand Gregoire Tr Fbo St John | PO BOX 1802, Providence, RI 02901-1802 | RI | 1999-11 | $125,561 |
16 | Armenian Historical Association Of Rhode Island | PO BOX 28142, Providence, RI 02908-0142 | RI | 1998-06 | $299,088 |
17 | Armenian Students Association | 333 Atlantic Ave, Warwick, RI 02888-2062 | RI | 1952-07 | $290,819 |
18 | Arnolds Mills Community House | PO BOX 1802, Providence, RI 02901-1802 | RI | 1980-02 | $222,251 |
19 | Aronson Foundation Inc | 165 Blackstone Blvd, Providence, RI 02906-5701 | RI | 1952-09 | $95,939 |
20 | Arr Trust D Char Tr 31-01064-8 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1992-08 | $945,776 |
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