Saul Alexander Foundation in Charleston, South Carolina (SC)

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Saul Alexander Foundation
Employer Identification Number (EIN)237420175
Name of OrganizationSaul Alexander Foundation
In Care of NameThe Community Foundation
Address635 Rutledge Ave Ste 201, Charleston, SC 29403-4464
ActivitiesOther school related activities, Endowment fund or financial services, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date08/1962
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,644,284
Amount of Income$92,229
Form 990 Revenue Amount$92,229


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$52,179
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$49,127
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$3,052
Gross amount from sales of assets other than inventory (Securities / Other)$3,052 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$3,052 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$119,032
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$119,032
Balance Sheet (for 2012)
Total assets$2,362,756
Total liabilities$0
Total net assets or fund balances$2,362,756
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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