Louis D Tilotta Charitable 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
| Louis D Tilotta Charitable Foundation | |
| Employer Identification Number (EIN) | 043679129 |
| Name of Organization | Louis D Tilotta Charitable Foundation |
| Address | PO BOX 27887, Houston, TX 77227-7887 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2003 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2014 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $473,011 |
| Amount of Income | $187 |
| Form 990 Revenue Amount | $79,603 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
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 | $67,587 | $67,587 | $67,587 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $67,587 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $33,402 | $30,225 | $30,225 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $30,972 | $30,225 | $0 | |
| Contributions, gifts, grants paid | $2,430 | |||
| Excess of revenue over expenses and disbursements | $34,185 | |||
| Net investment income | $37,362 | |||
| Adjusted net income | $37,362 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $550,737 | $550,737 |
| Cash - non-interest-bearing | $72,428 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $478,309 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $550,737 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $747 |
| Total credits and payments | $1,903 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $903 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $1,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $1,156 |
| Amount to be credited to 2013 estimated tax | $1,156 |
| 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 | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 Texas | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Pritzker Innovation Fund | 3555 Timmons Ln Ste 800, Houston, TX 77027-6498 | TX | 2004-08 | $1,631,249 |
| 2 | Lotus Lane Foundation | 3301 Lotus Ln, Lufkin, TX 75904-1702 | TX | 2004-10 | $484,343 |
| 3 | Loucks Family Foundation | 1036 Liberty Park Dr Apt 46, Austin, TX 78746-6990 | TX | 2001-11 | $40,841 |
| 4 | Louetta M Cowden Foundation | BANK OF AMERICA NA PO BOX 831, Dallas, TX 75283-1041 | TX | 1966-02 | $3,036,047 |
| 5 | Louis & Mary Stumberg Foundation | 227 W Olmos Dr, San Antonio, TX 78212-1957 | TX | 1989-10 | $2,512,992 |
| 6 | Louis & Miriam Rosenbaum Foundation | 315 Rim Rd, El Paso, TX 79902-3508 | TX | 1995-05 | $74,953 |
| 7 | Louis And Elizabeth Nave Flarsheim Charitable Foundation | PO BOX 831041, Dallas, TX 75283-1041 | TX | 1981-09 | $832,913 |
| 8 | Barnett Family Foundation | PO BOX 11739, Fort Worth, TX 76110-0739 | TX | 1984-03 | $2,266,354 |
| 9 | Louis And Peaches Owen Family Foundation | PO BOX 132648, Tyler, TX 75713-2648 | TX | 2007-03 | $15,891,618 |
| 10 | Louis Brandt Foundation | 3104 Edloe St Ste 200, Houston, TX 77027-6045 | TX | 1983-10 | $122,998 |
| 11 | Louis D Tilotta Charitable Foundation | PO BOX 27887, Houston, TX 77227-7887 | TX | 2003-04 | $187 |
| 12 | Louis E Schaefer Jr Foundation | 2210 Twin Oaks Blvd, Kemah, TX 77565-2153 | TX | 2009-03 | $1 |
| 13 | Louis H And Madlyn B Barnett Supporting Foundation | 4049 Kingsridge Rd, Fort Worth, TX 76109-4434 | TX | 1988-07 | $148,547 |
| 14 | Louis J & Millie Matcek Kocurek Charitable Foundation | PO BOX 831041, Dallas, TX 75283-1041 | TX | $305,254 | |
| 15 | Louis M & Laura K Alpern Foundation, Alpern Laura K & Louis M Ttees | 4171 N Mesa St Bldg D Ste 100, El Paso, TX 79902-1400 | TX | 1995-11 | $40,000 |
| 16 | St Josephs Society Of The Sacred Heart | 1390 Broadway St, Beaumont, TX 77701-2108 | TX | 1973-08 | $667,844 |
| 17 | Louise B Belsterling Foundation Of The Dallas Garden Club Inc, E | 4340 Beverly Dr, Dallas, TX 75205-3023 | TX | 1972-10 | $155,768 |
| 18 | Louise Barekman Memorial Foundation | PO BOX 831041, Dallas, TX 75283-1041 | TX | 1973-02 | $67,171 |
| 19 | Louise Bowers Slentz Foundation Inc | PO BOX 1537, Pampa, TX 79066-1537 | TX | 1997-04 | $60,095 |
| 20 | Tuw L E Graves Charitable Trust | PO BOX 831041, Dallas, TX 75283-1041 | TX | 1998-11 | $206,337 |
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