Robert & Molly Tarr Charitable Foundation, Tarr Robert J & Molly U Ttee in Kiawah Island, South Carolina (SC)
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 South Carolina
| Robert & Molly Tarr Charitable Foundation, Tarr Robert J & Molly U Ttee | |
| Employer Identification Number (EIN) | 043173231 |
| Name of Organization | Robert & Molly Tarr Charitable Foundation |
| Secondary Name | Tarr Robert J & Molly U Ttee |
| Address | 58 River Marsh Ln, Kiawah Island, SC 29455-5202 |
| Activities | Supplying money, goods or services to the poor |
| Subsection | Charitable Organization |
| Ruling Date | 04/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $3,258,975 |
| Amount of Income | $341,488 |
| Form 990 Revenue Amount | $321,699 |
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 | $186,160 | $186,160 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $22 | |||
| Dividends and interest from securities | $126,391 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1,015 | |||
| Other | $58,732 | |||
| Total expenses and disbursements | $200,896 | $24,959 | $0 | $171,126 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $36,676 | $24,959 | $6,906 | |
| Contributions, gifts, grants paid | $164,220 | |||
| Excess of revenue over expenses and disbursements | $-14,736 | |||
| Net investment income | $161,201 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $3,154,992 | $3,471,218 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $2,970,212 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $184,780 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $3,154,992 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $58,732 |
| 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 | $3,224 |
| Total credits and payments | $3,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $3,000 |
| 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 | $224 |
| 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 | $3,486,784 |
| Net value of noncharitable-use assets | $3,434,480 |
| Minimum investment return | $171,724 |
| Distributable Amount (for 2012) | |
| Distributable amount | $168,500 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $168,500 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $162,457 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Vietnam Veterans Of America Inc in Columbia, SC |
Daughters Of The Nile, Arabi Temple No141 in Lexington, SC
 |
| Kappa Alpha Psi Fraternity, Moncks Corner Alumni Chapter in Moncks Corner, SC |
All About Change Inc in Greenville, SC
 |
| Museum Of Western York County in Sharon, SC |
|
Project Josiah Restoration Ministry in Columbia, SC
|
|
Pk Outreach Inc in Inman, SC
|
| Sacred Literature Ministries Inc, Teachers' Swap Shop in Taylors, SC |
|
Amvets, 0070 Amvets in Port Royal, SC
|
| American Youth Football Inc, Rock Hill Cowboys in Rock Hill, SC |
| Other organizations in South Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | River Ridge Elementary Pto | 5960 Reidville Rd, Moore, SC 29369-9295 | SC | 2000-01 | $33,379 |
| 2 | Riverbanks Society | PO BOX 1060, Columbia, SC 29202-1060 | SC | 1974-04 | $3,493,502 |
| 3 | Rivers Of Water Evangelistic Ministries | 188 Chapman Rd, Pacolet, SC 29372-3436 | SC | 2008-05 | $12,870 |
| 4 | Riversel Charities Celanese Fibers Operations | 2850 Cherry Rd, Rock Hill, SC 29730-8998 | SC | 1965-10 | $26,785 |
| 5 | Riverside Community Development Corporation | Po Box 496, Saluda, SC 29138 | SC | 2003-12 | $0 |
| 6 | Riverside High School Band Boosters Inc | 794 Hammett Bridge Rd, Greer, SC 29650-2508 | SC | 2004-02 | $95,439 |
| 7 | Riverview Elementary School Parent Teacher Organization | 1434 Harris Rd, Fort Mill, SC 29715 | SC | 2001-08 | $33,610 |
| 8 | Road Runners Club Of America, Greenville Track Club | PO BOX 5678, Greenville, SC 29606-5678 | SC | 1976-06 | $445,782 |
| 9 | Road Runners Club Of America, Myrtle Beach Marathon | PO BOX 8780, Myrtle Beach, SC 29578-8780 | SC | 1976-03 | $707,795 |
| 10 | Rob White Ministries Inc | 16 Rothesay St, Simpsonville, SC 29681-4293 | SC | 2001-12 | $208,668 |
| 11 | Robert & Molly Tarr Charitable Foundation, Tarr Robert J & Molly U Ttee | 58 River Marsh Ln, Kiawah Island, SC 29455-5202 | SC | 1994-04 | $341,488 |
| 12 | Robert Bosch Fair Share Fund | 8101 Dorchester Rd, Charleston, SC 29418-2906 | SC | 1976-04 | $121,509 |
| 13 | Robert Burns Society Of The Midlands | P O Box 1953, Columbia, SC 29201 | SC | 2004-02 | $14,116 |
| 14 | Robert E Lee Academy Inc | 630 Cousar St, Bishopville, SC 29010-1937 | SC | 1966-07 | $1,877,746 |
| 15 | Charleston City Ballet | 1910 Savannah Hwy, Charleston, SC 29407-2221 | SC | 1979-06 | $39,136 |
| 16 | Robert L Huffines Jr Foundation Inc | PO BOX 877, Walterboro, SC 29488-0009 | SC | 1949-04 | $175,503 |
| 17 | Robert S & Vivian Johnsonfoundation, Johnson Foundation | PO BOX 476, Latta, SC 29565-0476 | SC | 2008-11 | $387,361 |
| 18 | Robert S Campbell Foundation | 104 Broadus Ave, Greenville, SC 29601-3040 | SC | 1997-01 | $6,359,486 |
| 19 | Rock Hill Area Chamber Of Commerce Foundation | PO BOX 590, Rock Hill, SC 29731-6590 | SC | 1982-03 | $2 |
| 20 | Rock Hill Come-See-Me Festival Inc | PO BOX 4221, Rock Hill, SC 29732-6221 | SC | 1993-03 | $196,871 |
Organization representatives - add corrected or new information about Robert & Molly Tarr Charitable Foundation, Tarr Robert J & Molly U Ttee »
Non-representatives - add comments about Robert & Molly Tarr Charitable Foundation, Tarr Robert J & Molly U Ttee»