The John And Nancy Sabol Foundation in Seattle, Washington (WA)

The John And Nancy Sabol Foundation
Employer Identification Number (EIN)	912061780
Name of Organization	The John And Nancy Sabol Foundation
In Care of Name	John Sabol
Address	3100 W Commodore Way Apt 208, Seattle, WA 98199-1117
Subsection	Charitable Organization
Ruling Date	06/2001
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$1,000,000 to $4,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$4,327,180
Amount of Income	$2,664,499
Form 990 Revenue Amount	$190,176
National Taxonomy of Exempt Entities (NTEE)	Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified)

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$925,119	$899,848	$95,033
Contributions, gifts, grants, etc., received	$800,000
Interest on savings and temporary cash investments	$2
Dividends and interest from securities	$95,031
Gross rents	$0
Gross sales price for all assets	$1,769,466
Gross profit from sales of goods	$0
Other income	$0
Other	$30,086
Total expenses and disbursements	$246,880	$13,956	$13,956	$216,776
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$11,363
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$41,880	$13,956		$11,776
Contributions, gifts, grants paid	$205,000
Excess of revenue over expenses and disbursements	$678,239
Net investment income		$885,892
Adjusted net income			$81,077

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$3,446,649	$3,590,949	$3,649,106	$3,893,067	$4,327,180	$4,817,763
Cash - non-interest-bearing	$19		$2,954		$2,136
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$530,538		$0		$0
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$2,550,635		$3,326,895		$3,956,038
Other assets			$2,175		$3,679
Total liabilities	$0		$0		$0
Total liabilities and net assets/fund balances	$3,446,649		$3,649,106		$4,327,180

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$35,642	$226,173	$30,086
Net capital loss	$0	$0	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$2,182	$9,009	$8,859
Total credits and payments	$4,655	$13,800	$26,939
Current year estimated tax payments and previous year's overpayment credited to current year	$4,655	$2,800	$9,939
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$11,000	$17,000
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$0	$0
Overpayment		$4,791	$18,080
Amount to be credited to next year's estimated tax	$2,473	$4,791	$9,200

	2011	2012	2013
Statements Regarding Activities
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	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
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?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
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?	No	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
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	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	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	No	No
Agree to pay money or property to a government official?	No	No	No
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?		No	No
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?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
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?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
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?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
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?		No	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	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	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	No	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	No	No
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?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$3,731,944	$3,742,009	$4,041,122
Net value of noncharitable-use assets		$3,685,879	$3,980,505
Minimum investment return	$183,798	$184,294	$199,025

	2011	2012	2013
Distributable Amount
Distributable amount	$181,616	$175,285	$190,166

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$181,616	$175,285	$190,166
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
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

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$2	$0
Dividends and interest from securities	$95,031	$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:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

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 The John And Nancy Sabol Foundation to others? (optional)

Yes

Add photo of The John And Nancy Sabol Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

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

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.148.115.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Sustainable Ne Seattle in Seattle, WA
Ruby Room in Seattle, WA
Bataan & Corregidor Survivors in Seattle, WA
Restore & Repair Missionary Outreach in Seattle, WA
4-H Clubs & Affiliated 4-H Organizations, Pawprints 4h Club in Seattle, WA
Roses And Rosemary Inc, Roses And Rosemary in Seattle, WA
Therapeutic Health Services in Seattle, WA
White Center Community Development Association in Seattle, WA
Poncho -Patrons Of Northwest Civic Cultural & Charitable Organization in Seattle, WA
Rainbow Of Magnolia Fountains Of Life in Seattle, WA

Recently Added Reviews

Sustainable Ne Seattle in Seattle, WA

Ruby Room in Seattle, WA

Bataan & Corregidor Survivors in Seattle, WA

Restore & Repair Missionary Outreach in Seattle, WA

4-H Clubs & Affiliated 4-H Organizations, Pawprints 4h Club in Seattle, WA

Roses And Rosemary Inc, Roses And Rosemary in Seattle, WA

Therapeutic Health Services in Seattle, WA

White Center Community Development Association in Seattle, WA

Poncho -Patrons Of Northwest Civic Cultural & Charitable Organization in Seattle, WA

Rainbow Of Magnolia Fountains Of Life in Seattle, WA

Id	Name	Address	State	Established	Total Income
Other organizations in Washington
1	The Gleaners Pantry	6729 Enterprise Road, Ferndale, WA 98248	WA	2007-09	$0
2	The Housing Resources Board	PO BOX 11391, Bainbridge Is, WA 98110-5391	WA	1994-10	$3,026,027
3	The Hugh And Jane Ferguson Foundation	1414 41st Ave E, Seattle, WA 98112-3804	WA	1987-10	$3,986,518
4	The Human Response Network	PO BOX 337, Chehalis, WA 98532-0337	WA	1977-04	$433,448
5	The Hussey Foundation	5129 Ne Laurelcrest Ln, Seattle, WA 98105-5247	WA	2000-03	$-153,891
6	The Hustler Family Foundation	18917 Sound View Pl, Edmonds, WA 98020-2359	WA	2000-02	$580,576
7	The Institute For Self Reliant Agriculture	718 Griffin Ave 26, Enumclaw, WA 98022-3418	WA	2010-02	$772,686
8	The International Snow Leopard Trust, Snow Leopard Trust	4649 Sunnyside Ave N Ste 325, Seattle, WA 98103-6955	WA	1981-10	$4,010,222
9	The Islamic Center Of Washington	1420 Ne Northgate Way, Seattle, WA 98125-6400	WA	2004-12	$155,391
10	The Jefferson County Food Bank Association	PO BOX 124, Port Hadlock, WA 98339-0124	WA	1992-02	$240,173
11	The John And Nancy Sabol Foundation	3100 W Commodore Way Apt 208, Seattle, WA 98199-1117	WA	2001-06	$2,664,499
12	Americas Kids Run, Junior Bloomsday	4816 S Napa St, Spokane, WA 99223-6552	WA	2002-01	$131,705
13	The Kline Galland Center	7500 Seward Park Ave S, Seattle, WA 98118-4247	WA	1982-04	$3,510,303
14	Kunta Kinteh Family Foundation	PO BOX 18180, Tacoma, WA 98419-0964	WA	2001-12	$0
15	The Landover Scholarship Program	12721 Bel Red Rd Ste 1, Bellevue, WA 98005-2605	WA	2000-11	$13,500
16	The Lands Council	25 W Main Ave Ste 222, Spokane, WA 99201-5090	WA	1989-05	$526,532
17	The Larson Family Foundation	18208 Nw Montreux Dr, Issaquah, WA 98027-7828	WA	2000-05	$86,946
18	The Legacy Institute, Legacy Learning Systems	PO BOX 82746, Kenmore, WA 98028-0746	WA	2003-10	$152,078
19	The Longbrake Family Foundation	2000 1st Ave Apt 2601, Seattle, WA 98121-2172	WA	2001-02	$3,157,953
20	The Melsness Foundation	6622 Wollochet Dr Nw, Gig Harbor, WA 98335-8325	WA	2002-01	$20,000

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The John And Nancy Sabol Foundation and has no official or unofficial affiliation with The John And Nancy Sabol Foundation