Kenneth G Marsden Foundation in Milwaukee, Wisconsin (WI)
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 Wisconsin
| Kenneth G Marsden Foundation | |
| Employer Identification Number (EIN) | 391388865 |
| Name of Organization | Kenneth G Marsden Foundation |
| Address | PO BOX 2980, Milwaukee, WI 53201-2980 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 11/1981 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Tax Period | 12/2012 |
| Assets | $500,000 to $999,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $642,052 |
| Amount of Income | $83,263 |
| Form 990 Revenue Amount | $34,889 |
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 | $51,970 | $51,970 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $36,899 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $15,071 | |||
| Total expenses and disbursements | $37,175 | $3,057 | $0 | $33,100 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $4,675 | $3,057 | $600 | |
| Contributions, gifts, grants paid | $32,500 | |||
| Excess of revenue over expenses and disbursements | $14,795 | |||
| Net investment income | $48,913 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $642,052 | $1,192,983 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $590,742 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $51,310 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $642,052 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $15,071 |
| 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 | $978 |
| Total credits and payments | $640 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $640 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $338 |
| Overpayment | $0 |
| 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 | $1,165,332 |
| Net value of noncharitable-use assets | $1,147,860 |
| Minimum investment return | $57,393 |
| Distributable Amount (for 2012) | |
| Distributable amount | $56,415 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $56,415 |
| 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 Wisconsin | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kelly Snowshoes Snowmobile Club Inc | 4499 St Rd 153, Hatley, WI 54440 | WI | 1974-12 | $0 |
| 2 | Kemper Center Inc | 6501 3rd Ave, Kenosha, WI 53143-5111 | WI | 1976-09 | $786,769 |
| 3 | Kemper Hall Alumnae Association Inc | PO BOX 1319, Kenosha, WI 53141-1319 | WI | 1994-05 | $6,649 |
| 4 | Kempo-Goju Karate Hudson Dojo | 1600 Stag Cir, Hudson, WI 54016-1895 | WI | 2010-03 | $1,070 |
| 5 | Kennedy Elementary School Pto | 3901 Randolph Rd, Janesville, WI 53546 | WI | 2000-04 | $0 |
| 6 | Kennedy Heights Neighborhood Association Inc | 199 Kennedy Hts, Madison, WI 53704-1645 | WI | 1985-09 | $551,403 |
| 7 | Kennedy Little League Inc | PO BOX 8772, Madison, WI 53708-8772 | WI | 1979-12 | $354,166 |
| 8 | Kenneth A & Helene G Koch Foundation Ltd | 441 Milwaukee Ave, Burlington, WI 53105-1230 | WI | 2000-05 | $1 |
| 9 | Kenneth And Mary Lee Jacobs Charitable Trust, C-O S Fisher Foley And Lardner | 11414 W Park Pl Ste 107, Milwaukee, WI 53224-3500 | WI | 1993-01 | $872,248 |
| 10 | Kenneth F Bjelde Foundation Inc | 120 S 1st St, Mount Horeb, WI 53572-1949 | WI | 2001-06 | $30 |
| 11 | Kenneth G Marsden Foundation | PO BOX 2980, Milwaukee, WI 53201-2980 | WI | 1981-11 | $83,263 |
| 12 | Kenneth L And Betty R Nelson Foundation | PO BOX 149, Grantsburg, WI 54840-0149 | WI | 2001-01 | $7,000 |
| 13 | Kenosha Achievement Charities Inc | 1218 79th St, Kenosha, WI 53143-6111 | WI | 1989-10 | $31,980 |
| 14 | Kenosha Area Athletics Inc | 818 93rd Street, Pleasant Prairie, WI 53158 | WI | 2002-11 | $66,875 |
| 15 | Kenosha Area Business Alliance Foundation Inc | 5500 6th Ave No 200, Kenosha, WI 53140-3710 | WI | 1996-04 | $194,640 |
| 16 | Kenosha Area Family And Aging Services Inc | 7730 Sheridan Rd, Kenosha, WI 53143-1518 | WI | 1969-10 | $3,139,762 |
| 17 | Kenosha Area Soccer League Inc | 5525 Green Bay Rd, Kenosha, WI 53144-3737 | WI | 1984-12 | $238,630 |
| 18 | Kenosha Area Tourism Corporation | 812 56th St, Kenosha, WI 53140-3735 | WI | 1989-05 | $1,176,307 |
| 19 | Kenosha Band Boosters Inc | 3600 52nd St, Kenosha, WI 53144-2664 | WI | 2003-09 | $177,538 |
| 20 | Pleasant Prairie Patriot Swim Team Booster Club Inc | 9900 Terwall Ter, Pleasant Pr, WI 53158-2222 | WI | 1979-11 | $60,019 |
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