Rebecca M Roveto Charitable Trust in Dallas, Texas (TX)

Rebecca M Roveto Charitable Trust
Employer Identification Number (EIN)	866274045
Name of Organization	Rebecca M Roveto Charitable Trust
In Care of Name	Bank Of America Na
Address	BANK OF AMERICA NA PO BOX 831, Dallas, TX 75283-1041
Subsection	Charitable Organization
Ruling Date	05/2000
Foundation	Private non-operating foundation
Exempt Organization Status	Unconditional Exemption
Tax Period	09/2014
Assets	$1,000,000 to $4,999,999
Income	$100,000 to $499,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$1,061,913
Amount of Income	$325,149
Form 990 Revenue Amount	$58,763

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2014)
Total revenue	$48,060	$47,996	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$21,942
Gross rents	$0
Gross sales price for all assets	$303,207
Gross profit from sales of goods	$0
Other income	$0
Other	$26,118
Total expenses and disbursements	$67,640	$11,285	$0	$55,455
Compensation of officers, directors, trustees, etc.	$16,693
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$800
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$19,662	$11,285		$7,477
Contributions, gifts, grants paid	$47,978
Excess of revenue over expenses and disbursements	$-19,580
Net investment income		$36,711
Adjusted net income			$0

	2011		2012		2013		2014
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$948,896	$969,188	$982,095	$1,095,402	$1,063,921	$1,135,411	$1,061,913	$1,161,992
Cash - non-interest-bearing	$0		$0		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0		$0
Investments-corporate stock	$325,295		$902,891		$922,883		$1,023,256
Investments-corporate bonds	$0		$0		$0		$0
Investments-mortgage loans	$0		$0		$0		$0
Investments-other	$600,555		$0		$100,715		$0
Other assets			$0		$0		$0
Total liabilities	$0		$0		$0		$1
Mortgages and other notes payable	$0		$0		$0		$0
Other liabilities			$0		$0		$0
Total liabilities and net assets/fund balances	$948,896		$982,095		$1,063,921		$1,061,913

	2011	2012	2013	2014
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$33,050	$68,540	$105,454	$26,118
Net capital loss	$0	$0	$0	$0

	2011	2012	2013	2014
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No	No
Tax based on investment income	$1,009	$876	$1,198	$367
Total credits and payments	$288	$1,012	$876	$1,200
Current year estimated tax payments and previous year's overpayment credited to current year	$288	$1,012	$876	$1,200
Exempt foreign organizations-tax withheld at source	$0	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$0	$0	$0
Backup withholding erroneously withheld	$0	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0	$0
Tax due		$0	$322	$0
Overpayment		$136	$0	$833
Amount to be credited to next year's estimated tax	$0	$136	$0	$368

	2011	2012	2013	2014
Statements Regarding Activities
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	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No	No
Did any persons become substantial contributors during the tax year?		No	No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No	No

	2011	2012	2013	2014
Statements Regarding Activities for Which Form 4720 May Be Required
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	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	Yes	Yes	Yes	Yes
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	No	No	No
Agree to pay money or property to a government official?	No	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	No	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	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No	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	No	No	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	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No	No

	2011	2012	2013	2014
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$1,090,738	$1,071,776	$1,106,584	$1,177,088
Net value of noncharitable-use assets		$1,055,699	$1,089,985	$1,159,432
Minimum investment return	$53,719	$52,785	$54,499	$57,972

	2011	2012	2013	2014
Distributable Amount
Distributable amount	$52,710	$51,909	$53,301	$57,605

	2011	2012	2013	2014
Undistributed Income
Distributable amount for this year	$52,710	$51,909	$53,301	$57,605
Undistributed income for this year. This amount must be distributed in the next year	$46,687	$45,935	$45,836	$47,986

	2014	2013	2012	2011	Total
Private Operating Foundations (for 2011 - 2014)
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

Supplementary Information (for 2014)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2014)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$0	$0
Dividends and interest from securities	$21,942	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Rebecca M Roveto Charitable Trust to others? (optional)

Yes

Add photo of Rebecca M Roveto Charitable Trust (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.137.219.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
House Of Refuge Domestic Violence Center in Dallas, TX
B Moore Fit Health And Fitness Services in Dallas, TX
Caapco Foundation in Dallas, TX
Carson Leslie Foundation in Dallas, TX
Davids Chapel Missionary Baptist Church in Dallas, TX
The Vision For Hope Foundation in Dallas, TX
Elizabeth A Hull Charitable Trust in Dallas, TX
Bethel House Of God in Dallas, TX
Ancient Free & Accepted Masons Of Texas, James Ladd Burgess Lodge #1305 in Dallas, TX
United States Wounded Soldiers Foundation in Dallas, TX

Recently Added Reviews

House Of Refuge Domestic Violence Center in Dallas, TX

B Moore Fit Health And Fitness Services in Dallas, TX

Caapco Foundation in Dallas, TX

Carson Leslie Foundation in Dallas, TX

Davids Chapel Missionary Baptist Church in Dallas, TX

The Vision For Hope Foundation in Dallas, TX

Elizabeth A Hull Charitable Trust in Dallas, TX

Bethel House Of God in Dallas, TX

Ancient Free & Accepted Masons Of Texas, James Ladd Burgess Lodge #1305 in Dallas, TX

United States Wounded Soldiers Foundation in Dallas, TX

Id	Name	Address	State	Established	Total Income
Other organizations in Texas
1	Real Life Communications Inc	Po Box 519, Round Rock, TX 78680	TX	2000-11	$46,338
2	Real Life Ministries	16765 Lookout Rd, Selma, TX 78154-3809	TX	1995-06	$5,975
3	Real School Gardens	1700 University Dr Ste 260, Fort Worth, TX 76107-3419	TX	2007-08	$1,320,899
4	Real Water Supply Corporation	PO BOX 426, Hunt, TX 78024-0426	TX	2002-12	$73,067
5	Realty Investment Club Of Houston	4220 Lockfield St, Houston, TX 77092-4753	TX	1987-01	$504,625
6	Reapers International Baptist Mission Inc	Po Box 788, Hallsville, TX 75650	TX	1980-12	$0
7	Reasoning Mind Inc	2000 Bering Dr Ste 300, Houston, TX 77057-3774	TX	2001-06	$11,942,739
8	Reata Rehabilitation Inc	9204 T N Skiles Rd, Ponder, TX 76259-5819	TX	2002-03	$64,836
9	Reaud Charitable Foundation Inc	801 Laurel St, Beaumont, TX 77701-2228	TX	1990-02	$22,428,758
10	Reba M Connally Foundation Inc	11627 Forest Creek Pl, Dallas, TX 75230-2819	TX	2004-06	$2
11	Rebecca M Roveto Charitable Trust	BANK OF AMERICA NA PO BOX 831, Dallas, TX 75283-1041	TX	2000-05	$325,149
12	Rebecca Mack Music Ministries	1208 E Mulkey St, Fort Worth, TX 76104-6622	TX	2000-08	$21,518
13	Rebekah Baines Johnson Center	21 Waller Street, Austin, TX 78702-5216	TX	1969-09	$1,870,654
14	Reber Foundation Nationsbank Of Texas Na Trustee	PO BOX 831041, Dallas, TX 75283-1041	TX	1961-03	$373,004
15	Rebuilding Together - El Paso Inc	5823 N Mesa St, El Paso, TX 79912-4607	TX	1994-12	$188,573
16	Rebuilding Together Collin County Inc	3020 Legacy Dr Pmb 305, Plano, TX 75023-8322	TX	1998-02	$10,000
17	Rebuilding Together Greater Dallas Inc	1611 N Interstate 35e Ste 310, Carrollton, TX 75006-3867	TX	2002-05	$1,007,709
18	Rebuilding Together Houston	PO BOX 15315, Houston, TX 77220-5315	TX	1983-02	$2,096,629
19	Rebuilding Together Southeast Texas Inc	PO BOX 3785, Beaumont, TX 77704-3785	TX	2007-07	$209,077
20	Rebuilding Together-San Angelo Inc	PO BOX 3223, San Angelo, TX 76902-3223	TX	1990-02	$351,827

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Rebecca M Roveto Charitable Trust and has no official or unofficial affiliation with Rebecca M Roveto Charitable Trust