Phillips Hernandez Scholarship Foundation in Pampa, 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
| Phillips Hernandez Scholarship Foundation | |
| Employer Identification Number (EIN) | 752227488 |
| Name of Organization | Phillips Hernandez Scholarship Foundation |
| Address | PO BOX 645, Pampa, TX 79066-0645 |
| Activities | Scholarships (other) |
| Subsection | Educational Organization |
| Ruling Date | 09/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $92,273 |
| Amount of Income | $4,734 |
| Form 990 Revenue Amount | $5,450 |
Non-representatives - add comments:
Revenue 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 | $5,450 | $5,450 | $5,450 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $4 | |||
| Dividends and interest from securities | $5,446 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $5,000 | $0 | $0 | $5,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $0 | $0 | $0 | |
| Contributions, gifts, grants paid | $5,000 | |||
| Excess of revenue over expenses and disbursements | $450 | |||
| Net investment income | $5,450 | |||
| Adjusted net income | $5,450 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $102,124 | $102,124 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $102,124 | |
| Total liabilities | $5,000 | |
| Mortgages and other notes payable | $0 | |
| Other | $5,000 | |
| Total liabilities and net assets/fund balances | $97,124 | |
| 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 | $55 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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? | Yes |
| 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 | $100,000 |
| Net value of noncharitable-use assets | $98,500 |
| Minimum investment return | $4,925 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,870 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,870 |
| 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 | Philippine Relief Fund | 554 Underwood Rd, Marshall, TX 75672-4250 | TX | 1997-03 | $6,950 |
| 2 | Philippine Women Of America Inc | 13670 Remuda Ranch Drive, San Antonio, TX 78254 | TX | 2002-10 | $39,109 |
| 3 | Phillip B Jesko Memorial Scholarship Fund | 538 Highway 214, Muleshoe, TX 79347-3734 | TX | 1988-08 | $116 |
| 4 | Phillip Baker Ministries | PO BOX 1708, Dickinson, TX 77539-1708 | TX | 2004-03 | $175,566 |
| 5 | Phillip Bruton Ministries International | 141 Brockway Dr, Rockwall, TX 75032-5602 | TX | 2002-06 | $25,287 |
| 6 | Phillip R & Janis North Charitable Remainder Unitrust, Obrien S M & Mairin Terry Co-Ttees | 121 Creekwood Ct, Lakeside, TX 76108-9486 | TX | $96,501 | |
| 7 | Phillipine Society For The Performing Arts | 8042 Bar Le Doc, Corpus Christi, TX 78414 | TX | 2014-07 | $12,580 |
| 8 | Phillips Cemetery Association | P O Box 577, Dripping Springs, TX 78620 | TX | 1972-09 | $0 |
| 9 | Phillips Family Foundation | PO BOX 17149, Sugar Land, TX 77496-7149 | TX | 2001-10 | $16,555,379 |
| 10 | Phillips Foundation Inc | PO BOX 10245, Crp Christi, TX 78460-0245 | TX | 1999-03 | $24,723 |
| 11 | Phillips Hernandez Scholarship Foundation | PO BOX 645, Pampa, TX 79066-0645 | TX | 1988-09 | $4,734 |
| 12 | Phillips Legacy Foundation | 5100 N Oconnor Blvd 600, Irving, TX 75039-4309 | TX | 1996-01 | $132,197 |
| 13 | Philo Finance Corporation | 10711 Kipp Way Dr, Houston, TX 77099-2675 | TX | 2007-10 | $12,311,016 |
| 14 | Philologos Foundation | 6707 Meadow Rd, Dallas, TX 75230-5229 | TX | 1998-03 | $29,470 |
| 15 | Philosophical Society Of Texas | PO BOX 160144, Austin, TX 78716-0144 | TX | 1975-10 | $201,261 |
| 16 | Philotechnos Kindergarten Inc, Philotechnos Preschool | 21111 Hill Terrace Drive, Whitney, TX 76692 | TX | 1984-05 | $22,521 |
| 17 | Phm Foundation | 4817 N Fm 1417, Sherman, TX 75092-6605 | TX | 2006-12 | $3,012,421 |
| 18 | Phoenix Associates Counseling Services Inc | 3001 A West 5th Street, Fort Worth, TX 76107 | TX | 1999-02 | $617,943 |
| 19 | Phoenix Charitable Foundation, Rex Amini Ttee | 100 Ne Loop Ste 1300, San Antonio, TX 78216 | TX | 2006-06 | $10,015 |
| 20 | Phoenix Outreach Community Development Corporation | 2606 Gregg St, Houston, TX 77026-6227 | TX | 2000-10 | $1 |
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