W Frank Cobb Foundation in Jasper, Alabama (AL)
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 Alabama
| W Frank Cobb Foundation | |
| Employer Identification Number (EIN) | 630825410 |
| Name of Organization | W Frank Cobb Foundation |
| Address | PO BOX 1051, Jasper, AL 35502-1051 |
| Activities | "Unspecified" |
| Subsection | Charitable Organization |
| Ruling Date | 06/1982 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $239,235 |
| Amount of Income | $35,513 |
| Form 990 Revenue Amount | $90 |
Non-representatives - add comments:
Expenses 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 | $-41,731 | $35,513 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $11 | |||
| Dividends and interest from securities | $19 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $14,025 | $0 | $0 | $12,700 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,325 | $0 | $0 | |
| Contributions, gifts, grants paid | $12,700 | |||
| Excess of revenue over expenses and disbursements | $-55,756 | |||
| Net investment income | $35,513 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $239,235 | $239,235 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $239,235 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $239,235 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-41,761 |
| 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 | $710 |
| Total credits and payments | $1,432 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,432 |
| 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 | $0 |
| Overpayment | $722 |
| Amount to be credited to 2013 estimated tax | $1 |
| 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 | $244,095 |
| Net value of noncharitable-use assets | $240,440 |
| Minimum investment return | $12,022 |
| Distributable Amount (for 2012) | |
| Distributable amount | $11,312 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $11,312 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $11,305 |
| 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 Alabama | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Volunteers Of America Inc, Waycross Voa Housing Inc | 600 Azalea Rd, Mobile, AL 36609-1528 | AL | 1965-05 | $61,843 |
| 2 | Von Braun Center For Science &innovation Inc | 320 Sparkman Dr Nw, Huntsville, AL 35805-1912 | AL | 2007-05 | $4,674,554 |
| 3 | Vsa Alabama | 3600 8th Ave S Ste 300, Birmingham, AL 35222-3223 | AL | 1984-08 | $110,180 |
| 4 | Vulcan Employee Development Association | 1200 Urban Center Dr, Birmingham, AL 35242-2545 | AL | 1993-09 | $94,511 |
| 5 | Vulcan Inc Employee Benefit Plan & Trust | PO BOX 10566, Birmingham, AL 35296-0001 | AL | 1988-02 | $1,618,019 |
| 6 | Vulcan Materials Company Foundation | PO BOX 385014, Birmingham, AL 35238-5014 | AL | 1989-01 | $1,658,335 |
| 7 | Vulcan Park Foundation | 1701 Valley View Dr, Birmingham, AL 35209-1214 | AL | 2000-03 | $1,418,325 |
| 8 | Vulcan Scholarships Inc | PO BOX 1850, Foley, AL 36536-1850 | AL | 1985-02 | $2,079 |
| 9 | W & S Social Club | PO BOX 1353, Tuscaloosa, AL 35403-1353 | AL | 1985-06 | $145,729 |
| 10 | W C Lewis 2055002377 | PO BOX 2886, Mobile, AL 36652-2886 | AL | $183,181 | |
| 11 | W Frank Cobb Foundation | PO BOX 1051, Jasper, AL 35502-1051 | AL | 1982-06 | $35,513 |
| 12 | W H Turner & Sara Elizabeth Turner Medical Trust | PO BOX 2886, Mobile, AL 36652-2886 | AL | 2000-06 | $7,222,090 |
| 13 | W R Alsobrook Scholarship Trust | PO BOX 2886, Mobile, AL 36652-2886 | AL | 1979-09 | $84,559 |
| 14 | W Rutherford Tr Uw Fbo Grandfather Home | PO BOX 2886, Mobile, AL 36652-2886 | AL | $252,107 | |
| 15 | W Ruthford Tr Uw Fbo Rosemont Presbyterian Church | PO BOX 2886, Mobile, AL 36652-2886 | AL | $259,399 | |
| 16 | W U Wells Trust Fbo Wayside Baptist Church | 1371 Ben Ivey Rd, Webb, AL 36376-6023 | AL | 1900-12 | $676 |
| 17 | W W Walker Jr & Family Charitable Foundation | 3800 Colonnade Pkwy Ste 500, Birmingham, AL 35243-2300 | AL | 1997-04 | $187,886 |
| 18 | W W Wells Tr Fbo Wayside Baptist Church | 1371 Ben Ivey Rd, Webb, AL 36376-6023 | AL | 1900-12 | $2,737 |
| 19 | Wade Morris Ministries Inc | PO BOX 380845, Birmingham, AL 35238-0845 | AL | 2004-08 | $198,488 |
| 20 | Wafer Green Community Care Inc | 4519 Station St, Mobile, AL 36613-3517 | AL | 2004-12 | $157,468 |


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