Sumner Pingree Jr Family Foundation Inc in Mt Pleasant, 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
| Sumner Pingree Jr Family Foundation Inc | |
| Employer Identification Number (EIN) | 271350891 |
| Name of Organization | Sumner Pingree Jr Family Foundation Inc |
| In Care of Name | James Parris |
| Address | PO BOX 2460, Mt Pleasant, SC 29465-2460 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $5,976,909 |
| Amount of Income | $540,977 |
| Form 990 Revenue Amount | $133,574 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue 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 | $407,962 | $47,962 | $0 | |
| Contributions, gifts, grants, etc., received | $360,000 | |||
| Interest on savings and temporary cash investments | $7 | |||
| Dividends and interest from securities | $429 | |||
| Gross rents | $6,250 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $41,276 | |||
| Total expenses and disbursements | $40,539 | $19,175 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $40,539 | $19,175 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $367,423 | |||
| Net investment income | $28,787 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $5,976,909 | $1,094,604 |
| Cash - non-interest-bearing | $389 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $5,529,526 | |
| Other | $446,994 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $5,976,909 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $41,276 |
| 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 | $576 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $12 |
| Tax due | $588 |
| 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? | Yes |
| 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 | $1,136,688 |
| Net value of noncharitable-use assets | $1,119,640 |
| Minimum investment return | $55,982 |
| Distributable Amount (for 2012) | |
| Distributable amount | $55,406 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $55,406 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $55,406 |
| 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 | St Andrews Church-Mt Pleasant Land Tr, Lewis Middleton Ttee | 440 Whilden St, Mt Pleasant, SC 29464-5357 | SC | 2010-06 | $745,690 |
| 2 | St James Foundation | 1314 Secessionville Road, Charleston, SC 29412 | SC | 1999-08 | $4,600 |
| 3 | St John Baptist Church Preparatory School, St John Baptist Church Day Care Ctr | 3404 W Beltline Blvd, Columbia, SC 29203-7021 | SC | 2014-07 | $631,814 |
| 4 | St Josephs Catholic School Inc | 100 Saint Josephs Dr, Greenville, SC 29607-3795 | SC | 1992-12 | $689,225 |
| 5 | St Lukes Free Medical Clinic Of Spartanburg Inc | PO BOX 3466, Spartanburg, SC 29304-3466 | SC | 1992-05 | $744,986 |
| 6 | Standing In The Gap | 310 Third St, Cheraw, SC 29520 | SC | 2005-01 | $8,225 |
| 7 | Star Riding Inc | PO BOX 698, Aiken, SC 29802-0698 | SC | 1996-10 | $56,616 |
| 8 | Starshell Media Ministries Inc | 213 Kennebec Ct, Lexington, SC 29072 | SC | 2000-12 | $0 |
| 9 | Summerville Miracle League Inc | 210 South Cedar Street, Summerville, SC 29483-6095 | SC | 2008-04 | $67,565 |
| 10 | Summit Club | PO BOX 12569, Columbia, SC 29211-2569 | SC | 1974-06 | $1,427,645 |
| 11 | Sumner Pingree Jr Family Foundation Inc | PO BOX 2460, Mt Pleasant, SC 29465-2460 | SC | 2010-10 | $540,977 |
| 12 | Sumter Board Of Realtors | PO BOX 254, Sumter, SC 29151-0254 | SC | 1980-08 | $319,160 |
| 13 | Sumter Cemetery Association | PO BOX 241, Sumter, SC 29151-0241 | SC | 1956-12 | $258,364 |
| 14 | Sumter County Community Development Corporation Inc, South Sumter Resource Center | 337 Manning Ave, Sumter, SC 29150-5742 | SC | 2001-03 | $488,083 |
| 15 | Sumter County Museum Inc | 122 N Washington St, Sumter, SC 29150-4920 | SC | 1991-01 | $177,363 |
| 16 | Sumter Smarter Growth Initiative | 380 W Wesmark Blvd, Sumter, SC 29150-1977 | SC | 2010-03 | $266,197 |
| 17 | Sumterites Assoc | Pob 3360, Sumter, SC 29151 | SC | 2011-07 | $0 |
| 18 | Sunset Country Club | 205 E Liberty St, Sumter, SC 29150-5057 | SC | 1965-04 | $1,724,076 |
| 19 | Sustainable Opportunities For Life And Dreams Inc | 2170 Ashley Phos Rd Ste 700, N Charleston, SC 29406-4195 | SC | 2004-12 | $22,101 |
| 20 | Suzanne Mcpherson Foundation | PO BOX 2552, Lexington, SC 29071-2552 | SC | 2011-01 | $20,000 |
Organization representatives - add corrected or new information about Sumner Pingree Jr Family Foundation Inc »
Non-representatives - add comments about Sumner Pingree Jr Family Foundation Inc»