The Robert S Jordan And Beatrice Daniels Jordan Memorial Fund For, Averett College in Danville, Virginia (VA)

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The Robert S Jordan And Beatrice Daniels Jordan Memorial Fund For, Averett College
Employer Identification Number (EIN)546357355
Name of OrganizationThe Robert S Jordan And Beatrice Daniels Jordan Memorial Fund For
Secondary NameAverett College
In Care of NameAmerican Natl Bank & Tr Co Ttee
AddressPO BOX 191, Danville, VA 24543-0191
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1995
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$113,001
Amount of Income$4,886
Form 990 Revenue Amount$337
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$1,188$3,214$337
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$3,121$2,442
Gain/Loss from sale of assets other than inventory$-1,061$93$-2,105
Gross amount from sale of assets other than inventory$15,524$6,399$2,444
Less: cost or other basis and sales expenses$16,585$6,306$4,549
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$2,249$0$0
Total expenses$3,724$4,381$4,267
Total net assets$118,098$116,931$113,001
Excess/Deficit for the year$-2,536$-1,167$-3,930
Net assets or fund balances at beginning of year$120,634$118,098$116,931
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$116,931$113,001
Balance Sheets
201120122013
Total assets$118,098$116,931$113,001
Total liabilities$0$0$0
Net assets or fund balances$118,098$116,931$113,001
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$1,151
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