Sheik M A Shami Foundation For Humanities in Houston, Texas (TX)

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Sheik M A Shami Foundation For Humanities
Employer Identification Number (EIN)760612941
Name of OrganizationSheik M A Shami Foundation For Humanities
Address250 Pennbright - Suite 150, Houston, TX 77090-5905
SubsectionCharitable Organization
Ruling Date04/2001
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Tax Period12/2010
Assets$1 to $9,999
Income$0
Filing Requirement990 - Not required to file (all other)
Asset Amount$1
Amount of Income$0
Form 990 Revenue Amount$0
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


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Amount of income in 2010: $0 (it was $0 in 2007)
This organization: 

 $0
Other organizations performing similar types of work: 

 $105,489

Assets in 2010: $1 (it was $776,331 in 2007)
This organization: 

 $1
Other organizations performing similar types of work: 

 $325,460

Expenses in 2007: $3,070
Sheik M A Shami Foundation For Humanities: 

 $3,070
Other organizations performing similar types of work: 

 $49,058

Income to expenses ratio in 2007: 0.0
Sheik M A Shami Foundation For Humanities: 

 0.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2007: -,nan,(ind)%
This organization: 

 -,nan,(ind)%
Other organizations performing similar types of work: 

 22.8%

Financial snapshot ($)

Assets for 2007

Analysis of Revenue and Expenses (for 2007)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$0$0$0
Total expenses and disbursements$3,070$0$0$0
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$3,070$0$0
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$-3,070
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2007)
Book ValueFair Market Value
Total assets$776,331$0
Cash - non-interest-bearing$185,467
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$590,864
Total liabilities$0
Total liabilities and net assets/fund balances$776,331
Capital Gains and Losses for Tax on Investment Income (for 2007)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2007)
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 2008 estimated tax$0
Statements Regarding Activities (for 2007)
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 2007 or the taxable year beginning in 2007?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2007)
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 2007, did the foundation have any undistributed income for tax year(s) beginning before 2007?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 2007)
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 2007)
Distributable amount$0
Undistributed Income (for 2007)
Distributable amount for 2007$0
Undistributed income for 2007. This amount must be distributed in 2008$0
Private Operating Foundations (for 2007)
2007200620052004Total
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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3Rees-Jones Foundation5956 Sherry Ln Ste 1600, Dallas, TX 75225-8027TX2006-08$70,930,133
4Lewis Humphreys Charitable Trust, 50-16-101-1279728PO BOX 831041, Dallas, TX 75283-1041TX2010-04$64,508,458
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Number of organizations performing similar types of work
Alaska25
Alabama219
Arkansas78
Arizona303
California2,586
Colorado408
Connecticut419
District of Columbia111
Delaware583
Florida1,525
Georgia481
Hawaii85
Iowa178
Idaho58
Illinois1,113
Indiana311
Kansas157
Kentucky167
Louisiana161
Massachusetts705
Maryland425
Maine85
Michigan619
Minnesota384
Missouri346
Mississippi70
Montana69
North Carolina788
North Dakota20
Nebraska169
New Hampshire75
New Jersey876
New Mexico92
Nevada215
New York2,617
Ohio698
Oklahoma228
Oregon208
Pennsylvania1,086
Rhode Island184
South Carolina171
South Dakota32
Tennessee266
Texas1,263
Utah274
Virginia477
Vermont54
Washington401
Wisconsin354
West Virginia69
Wyoming63
International44
Total22,395

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