The Krumbein Foundation in Richmond, Virginia (VA)
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 Virginia
| The Krumbein Foundation | |
| Employer Identification Number (EIN) | 541173621 |
| Name of Organization | The Krumbein Foundation |
| In Care of Name | Robert L Burrus Jr |
| Address | PO BOX 6784, Richmond, VA 23230-0784 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 01/1982 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 04/2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $275,568 |
| Amount of Income | $40,234 |
| Form 990 Revenue Amount | $40,234 |
Non-representatives - add comments:
Revenue 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 | $40,234 | $2,926 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $17 | |||
| Dividends and interest from securities | $2,909 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $37,308 | |||
| Total expenses and disbursements | $5,565 | $0 | $0 | $5,565 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $0 | $0 | $0 | |
| Contributions, gifts, grants paid | $5,565 | |||
| Excess of revenue over expenses and disbursements | $34,669 | |||
| Net investment income | $2,926 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $275,568 | $243,339 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $99,364 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $176,204 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $275,568 | |
| 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 | $59 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $59 |
| 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? | 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 | $229,224 |
| Net value of noncharitable-use assets | $225,780 |
| Minimum investment return | $11,289 |
| Distributable Amount (for 2012) | |
| Distributable amount | $11,230 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $11,230 |
| 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 Virginia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Jerusalem Connection International | 13832 Redskin Dr, Herndon, VA 20171-3208 | VA | 1996-05 | $102,399 |
| 2 | The John D Tickle Foundation, Tickle John D Ttee | PO BOX 1689, Bristol, VA 24203-1689 | VA | 1989-09 | $4,675,191 |
| 3 | The John Quadrino Foundation | 3223 Juniper Ln, Falls Church, VA 22044-1608 | VA | 1986-08 | $73,276 |
| 4 | The Judiciary Leadership Development Council Inc | 4909 Chanticleer Ave, Annandale, VA 22003-4208 | VA | 1992-01 | $40,251 |
| 5 | The Justine Nusbaum Foundation | 440 Monticello Ave Ste 1700, Norfolk, VA 23510-2670 | VA | 1987-01 | $1,360 |
| 6 | The King George County Historical Society | Po Box 424, King George, VA 22485 | VA | 1995-06 | $0 |
| 7 | The Kinsale Foundation | Po Box 307, Kinsale, VA 22488 | VA | 1982-10 | $0 |
| 8 | The Kiwanis Club Of Norfolk Foundation Inc | PO BOX 1568, Norfolk, VA 23501-1568 | VA | 1982-08 | $256,159 |
| 9 | Konnarock-Green Cove Laurel Valley Community Association | 29891 Jeb Stuart Hwy, Damascus, VA 24236 | VA | 2000-03 | $0 |
| 10 | The Korean American Community Center Kacc, Kcc | 10220 Pohick Crest Dr, Fairfax Sta, VA 22039-3609 | VA | 2007-06 | $1,553 |
| 11 | The Krumbein Foundation | PO BOX 6784, Richmond, VA 23230-0784 | VA | 1982-01 | $40,234 |
| 12 | The Lafferty Foundation | 1048 Elsing Green Ln, King William, VA 23086-2210 | VA | 1983-06 | $59,381 |
| 13 | The Lake Braddock Bruin Band Boosters Inc | 9200 Burke Lake Rd, Burke, VA 22015-1682 | VA | 1985-07 | $537,633 |
| 14 | The Lamb Center | 3220 Old Lee Hwy, Fairfax, VA 22030-1502 | VA | 2007-06 | $974,970 |
| 15 | The Laurel Center Intervention For Domestic & Sexual Violence | PO BOX 14, Winchester, VA 22604-0014 | VA | 1984-09 | $897,650 |
| 16 | The Layman Family Foundation Foundation | 467 Layman Ln, Daleville, VA 24083-1704 | VA | 1999-09 | $61,021 |
| 17 | The Lee-Jackson Educational Foundation, Boyhood Home Of Robert E Lee | 172 S Pantops Dr, Charlottesvle, VA 22911-8672 | VA | 2005-08 | $844,373 |
| 18 | The Leeps Foundation Inc | 15 Tranquility Rd, Moneta, VA 24121-5373 | VA | 2001-07 | $245,779 |
| 19 | The Legacy Project Inc | PO BOX 308, Lynchburg, VA 24505-0308 | VA | 1995-12 | $48,120 |
| 20 | The Lenasa Foundation Inc | 122 N Market St, Petersburg, VA 23803-3206 | VA | 1993-04 | $176 |
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