Winston 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
Winston Charitable Foundation | |
Employer Identification Number (EIN) | 742877210 |
Name of Organization | Winston Charitable Foundation |
In Care of Name | Salient Trust Co |
Address | 4265 San Felipe, Houston, TX 77027-2920 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 05/1998 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2012 |
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 | $3,892,798 |
Amount of Income | $200,485 |
Form 990 Revenue Amount | $104,190 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2012
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 | $199,247 | $199,247 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $109,942 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $89,305 | |||
Total expenses and disbursements | $225,349 | $25,349 | $0 | $200,000 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $25,349 | $25,349 | $0 | |
Contributions, gifts, grants paid | $200,000 | |||
Excess of revenue over expenses and disbursements | $-26,102 | |||
Net investment income | $173,898 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $3,892,798 | $3,892,798 |
Cash - non-interest-bearing | $16,775 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $3,872,023 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $4,000 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $3,892,798 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $89,305 |
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 | $1,739 |
Total credits and payments | $4,000 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
Exempt foreign organizations-tax withheld at source | $0 |
Tax paid with application for extension of time to file (Form 8868) | $4,000 |
Backup withholding erroneously withheld | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $2,261 |
Amount to be credited to 2013 estimated tax | $2,261 |
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? | Yes |
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 | $4,029,998 |
Net value of noncharitable-use assets | $3,969,540 |
Minimum investment return | $198,477 |
Distributable Amount (for 2012) | |
Distributable amount | $196,738 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $196,738 |
Undistributed income for 2012. This amount must be distributed in 2013 | $175,635 |
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 | Wings Of Hope Equitherapy | PO BOX 445, Burleson, TX 76097-0445 | TX | 1997-07 | $321,044 |
2 | Wings Point Ministries Inc | 11302 Hwy 84 Apt 110, Shallowater, TX 79363 | TX | 2009-03 | $34,530 |
3 | Winkler Family Foundation | 960 Live Oak Cir, W Lake Hills, TX 78746-3522 | TX | 2002-03 | $289,963 |
4 | Winkler-Loving County Livestock Association | 307 South Poplar, Kermit, TX 79745-4326 | TX | 2009-05 | $139,347 |
5 | Winners For Life Foundation | 4516 Lovers Ln Ste 133, Dallas, TX 75225-6925 | TX | 2001-09 | $364,312 |
6 | Winnie-Stowell Volunteer Fire Department | 825 State Highway 124, Winnie, TX 77665-7801 | TX | 2003-01 | $29,390 |
7 | Winninghabits Charitable Foundation | 4755 Chapel Hill Rd, Dallas, TX 75214-1912 | TX | 2007-12 | $2 |
8 | Winona Schools Foundation Inc | 611 Wildcat Dr, Winona, TX 75792-4963 | TX | 1993-06 | $925 |
9 | Winona Volunteer Fire Department | PO BOX 203, Winona, TX 75792-0203 | TX | 1996-09 | $154,616 |
10 | Winslow Medical Center Inc | 2601 W Lk Houston Pkwy, Kingwood, TX 77339-5222 | TX | 2005-11 | $1,447,327 |
11 | Winston Charitable Foundation | 4265 San Felipe, Houston, TX 77027-2920 | TX | 1998-05 | $200,485 |
12 | Winston Family Foundation | 3118 Ferndale St, Houston, TX 77098-2010 | TX | 1998-01 | $42,899 |
13 | Wintergarden Womens Shelter Inc | 1705 N 1st St, Carrizo Spgs, TX 78834-1928 | TX | 1995-08 | $473,989 |
14 | Wipe Out Kids Cancer Inc | 1349 Empire Central Dr Ste 240, Dallas, TX 75247-4123 | TX | 1983-09 | $855,250 |
15 | Wisdom For Asia Ministries Inc | 2003 Fair Oaks Cir, Corinth, TX 76210-8861 | TX | 1964-02 | $78,971 |
16 | Wise Area Relief Mission Inc | PO BOX 1084, Decatur, TX 76234-6084 | TX | 2000-11 | $625,813 |
17 | Wise Ccc | 2200 S Fm 51 Ste 500, Decatur, TX 76234-4094 | TX | 2007-10 | $192,692 |
18 | Wise Choices Pregnancy Resource Center Inc | PO BOX 875, Decatur, TX 76234-0875 | TX | 2000-10 | $312,599 |
19 | Wise Co Special Needs Baseball | PO BOX 601, Bridgeport, TX 76426-0601 | TX | 2010-05 | $57,398 |
20 | Wise County Historical Society Inc | PO BOX 427, Decatur, TX 76234-0427 | TX | 1971-11 | $90,499 |
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