Lewis & Joan Lowenstein Foundation in Houston, Texas (TX)
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 Texas
| Lewis & Joan Lowenstein Foundation | |
| Employer Identification Number (EIN) | 237002847 |
| Name of Organization | Lewis & Joan Lowenstein Foundation |
| In Care of Name | Gerald Zlotnik |
| Address | 1770 Saint James Pl Ste 250, Houston, TX 77056-3432 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 01/1969 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2011 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $4,151,622 |
| Amount of Income | $800,965 |
| Form 990 Revenue Amount | $161,546 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $161,546 | $14,157 | $0 | |
| Contributions, gifts, grants, etc., received | $20,000 | |||
| Interest on savings and temporary cash investments | $2,534 | |||
| Dividends and interest from securities | $153,657 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $845 | |||
| Total expenses and disbursements | $287,916 | $16,483 | $0 | $234,849 |
| Compensation of officers, directors, trustees, etc. | $60,000 | |||
| Total operating and administrative expenses | $71,412 | $16,483 | $18,345 | |
| Contributions, gifts, grants paid | $216,504 | |||
| Excess of revenue over expenses and disbursements | $-126,370 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $4,151,622 | $4,062,123 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $2,986,503 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $25,000 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $307,457 | |
| Other | $832,662 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $4,151,622 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $-15,490 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $4,259,015 |
| Net value of noncharitable-use assets | $4,195,140 |
| Minimum investment return | $209,757 |
| Distributable Amount (for 2011) | |
| Distributable amount | $209,757 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $209,757 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 Texas | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Levant Foundation | 600 Travis St Ste 6800, Houston, TX 77002-3010 | TX | 1999-03 | $8,235,000 |
| 2 | Levelland Christian School | 1905 Cactus Dr, Levelland, TX 79336-8101 | TX | 1995-01 | $309,451 |
| 3 | Levelland Community Outreach Center | 802 Houston Ste 114, Levelland, TX 79336 | TX | 1986-01 | $0 |
| 4 | Levelland Economic Development Corporation | PO BOX 1010, Levelland, TX 79336-1010 | TX | 1992-11 | $958,980 |
| 5 | Levi Ministries | 4823 16th St, Lubbock, TX 79416-5623 | TX | 1998-12 | $68,288 |
| 6 | Levi Water Supply Corporation | PO BOX 490, Lorena, TX 76655-0490 | TX | 1988-08 | $587,623 |
| 7 | Levin Family Foundation | 63 Colony Park Cir, Galveston, TX 77551-1737 | TX | 1998-07 | $158,023 |
| 8 | Lewelling Family Foundation Inc | 1534 Harpole Rd E, Argyle, TX 76226-5310 | TX | 1999-10 | $3,225 |
| 9 | Lewer Foundation | PO BOX 710, Raymondville, TX 78580-0710 | TX | 1958-11 | $97,126 |
| 10 | Lewis & Ellis Medical Benedits Trust | 700 Central Expy S Ste 550, Allen, TX 75013-8125 | TX | 1993-04 | $665,683 |
| 11 | Lewis & Joan Lowenstein Foundation | 1770 Saint James Pl Ste 250, Houston, TX 77056-3432 | TX | 1969-01 | $800,965 |
| 12 | Lewis & Selma Miller Trust A Wichita University 75-01100-348350 | PO BOX 831041, Dallas, TX 75283-1041 | TX | 1974-07 | $879,057 |
| 13 | Lewis & Selma Miller Trust B Friends University 75-01100-348470 | PO BOX 831041, Dallas, TX 75283-1041 | TX | $1,066,166 | |
| 14 | Lewis C & Alsey L Morton Memorial Trust | PO BOX 831041, Dallas, TX 75283-1041 | TX | 1984-08 | $75,879 |
| 15 | Lewis Family Charitable Foundation | 5120 Woodway Dr Ste 6000, Houston, TX 77056-1791 | TX | 2003-04 | $1,641,002 |
| 16 | Lewis H Pool Foundation | PO BOX 1316, Carthage, TX 75633-7316 | TX | 1989-05 | $103,558 |
| 17 | Lewis J & Wanda S Wilson Hesed Fdn | 2339 Summit Frst, Fredericksbrg, TX 78624-7744 | TX | 1998-03 | $157,841 |
| 18 | Lewis R & Juaniece Madden Foundation | 6653 State Highway 238, Port Lavaca, TX 77979-6233 | TX | 2008-07 | $507,448 |
| 19 | Lewis-Toran Retirement Community Inc | 1390 Broadway St, Beaumont, TX 77701-2108 | TX | 1997-04 | $132,613 |
| 20 | Lewisville Baseball Association | PO BOX 292187, Lewisville, TX 75029 | TX | 2003-06 | $121,997 |
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