Isabel Duncan Hatchett Foundation in Newport News, Virginia (VA)

Organization representatives - add corrected or new information about Isabel Duncan Hatchett Foundation »

Non-representatives - add comments about Isabel Duncan Hatchett Foundation»

Isabel Duncan Hatchett Foundation
Employer Identification Number (EIN)541526651
Name of OrganizationIsabel Duncan Hatchett Foundation
Address17 Museum Dr, Newport News, VA 23601-3620
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1996
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$200,477
Amount of Income$50
Form 990 Revenue Amount$128
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


Non-representatives - add comments:


CAPTCHA

Your IP address 3.84.7.255 will be logged.

Amount of income in 2013: $50 (it was $748 in 2012)
This organization: 

 $50
Other organizations performing similar types of work: 

 $72,336

Assets in 2013: $200,477 (it was $1,510 in 2012)
Isabel Duncan Hatchett Foundation: 

 $200,477
Other organizations performing similar types of work: 

 $239,394

Expenses in 2013: $3,375
This organization: 

 $3,375
Other organizations performing similar types of work: 

 $40,888

Income to expenses ratio in 2013: 0.0
Isabel Duncan Hatchett Foundation: 

 0.0
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 0.1%

Financial snapshot ($)

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$50$318$50
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$50
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$3,375$25$25$3,375
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$0
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$25$25$25
Contributions, gifts, grants paid$3,350
Excess of revenue over expenses and disbursements$-3,325
Net investment income$293
Adjusted net income$25
Balance Sheets
2010201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$2,022$2,022$1,846$4,191$1,510$4,340$200,477$200,477
Cash - non-interest-bearing$0$0$0$0
Investments-U.S. and state government obligations$0$0$0$200,477
Investments-corporate stock$2,022$2,291$1,510$0
Investments-corporate bonds$0$0$0$0
Investments-mortgage loans$0$0$0$0
Investments-other$0$-345$0$0
Other assets$0$0$0
Total liabilities$0$0$0$0
Total liabilities and net assets/fund balances$2,022$1,846$1,510$200,477
Capital Gains and Losses for Tax on Investment Income
2010201120122013
Capital gain net income$0$0$563$0
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
2010201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$1$1$4$6
Total credits and payments$0$0$0$0
Any penalty for underpayment of estimated tax$0$0$0$0
Tax due$1$4$6
Overpayment$0$0$0
Amount to be credited to next year's estimated tax$0$0$0$0
Statements Regarding Activities
2010201120122013
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?NoNoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNoNo
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?NoNoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?NoNoYes
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?NoNoNoNo
Did any persons become substantial contributors during the tax year?NoNoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNoNo
Statements Regarding Activities for Which Form 4720 May Be Required
2010201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNoNo
Agree to pay money or property to a government official?NoNoNoNo
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?NoNoNo
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?NoNoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNoNo
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?NoNoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNoNo
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?NoNoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNoNo
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?NoNoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNoNo
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)?NoNoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNoNo
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?NoNoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
Minimum Investment Return
2010201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$3,950$3,279$4,266$17,286
Net value of noncharitable-use assets$3,230$4,202$17,123
Minimum investment return$194$162$210$856
Distributable Amount
2010201120122013
Distributable amount$193$161$206$850
Undistributed Income
2010201120122013
Distributable amount for this year$193$161$206$850
Undistributed income for this year. This amount must be distributed in the next year$0$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
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$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
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:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
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 Isabel Duncan Hatchett Foundation to others? (optional)
  
Add photo of Isabel Duncan Hatchett Foundation (optional)

About You

Your nickname:

Optional Verification

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

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Sylvester H Reed Memorial TrustPO BOX 1111, Pflugerville, TX 78691-1111TX1998-01$1,242,927
2Special Operations Fund901 N Stuart St Ste 200, Arlington, VA 22203-1821VA1992-10$2,645,532
3Truckload Carriers Association Scholarship Fund Inc555 East Braddock Road, Alexandria, VA 22314-2182VA1973-09$1,583,973
4Ukrops Educational Foundation2001 Maywill St Ste 100, Richmond, VA 23230-3236VA1996-02$531,144
5Ralph Stuart Stowers Scholarship TrustPO BOX 687, Tazewell, VA 24651-0687VA1997-10$369,444
6The Florence And Hyman Meyers Family Foundation1606 Stoneycreek Dr, Richmond, VA 23238-4125VA1995-08$358,547
7Ruth L Logsdon Charitable Tr UwPO BOX 5228, Martinsville, VA 24115-5228VA1996-04$335,715
8Tidewater Youth Services Foundation2404 Airline Blvd, Portsmouth, VA 23701-2912VA1992-04$198,984
9Smith Mountain Lake Lions Club Scholarship Trust IncPO BOX 655, Hardy, VA 24101-0655VA1991-06$176,971
10Vaw Vrc Officers Spouses Assoc Vaw Vrc Memorial Scholarship FundPO BOX 15322, Norfolk, VA 23511-0322VA1998-12$148,908
11The Lucy Pannill Sale Foundation231 E Church St Ste 5, Martinsville, VA 24112-2839VA1995-02$130,475
12Suffolk Education FoundationPO BOX 394, Suffolk, VA 23439-0394VA1993-11$129,800
13Smiy Fam Foundation Tr, Smiy Paul R Ttee11330 Avocet Dr, Chesterfield, VA 23838-8945VA1997-07$115,933
14Strasburg Community Scholarship Trust Fund Inc112 W King St, Strasburg, VA 22657-2220VA1996-11$68,578
15Washington Scots Charity & Educational Fund, St Andrews Society Of Wash Dc7410 Heritage Village Plaza, Gainesville, VA 20155-3304VA1959-03$68,102
16Florida Alpha Educational Foundation Inc206 Chapel Lane, Boyce, VA 22620VA1991-08$66,032
17Virginia Association For The GiftedPO BOX 1674, Tappahannock, VA 22560-1674VA1998-10$65,421
18Submarine Officers Wives Club Charitable AssociationPO BOX 15409, Norfolk, VA 23511-0409VA1997-10$22,282
19Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn, Hruhca3105 Western Branch Blvd Ste 5c, Chesapeake, VA 23321-5529VA1997-02$16,941
20The Virginia Printing Foundation Inc212 Independence Rd, Winchester, VA 22602-4501VA1984-09$16,345
Number of organizations performing similar types of work
Alaska15
Alabama29
Arkansas27
Arizona42
California252
Colorado46
Connecticut69
District of Columbia36
Delaware10
Florida151
Georgia78
Hawaii18
Iowa52
Idaho15
Illinois193
Indiana80
Kansas57
Kentucky48
Louisiana26
Massachusetts102
Maryland74
Maine15
Michigan138
Minnesota61
Missouri93
Mississippi12
Montana14
North Carolina100
North Dakota5
Nebraska30
New Hampshire12
New Jersey147
New Mexico15
Nevada16
New York202
Ohio188
Oklahoma33
Oregon38
Pennsylvania160
Rhode Island22
South Carolina36
South Dakota7
Tennessee42
Texas251
Utah11
Virginia136
Vermont9
Washington68
Wisconsin96
West Virginia21
Wyoming9
International5
Total3,412

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Isabel Duncan Hatchett Foundation and has no official or unofficial affiliation with Isabel Duncan Hatchett Foundation