The Gustafson Family Foundation in Scottsdale, Arizona (AZ)

Organization representatives - add corrected or new information about The Gustafson Family Foundation »

Non-representatives - add comments about The Gustafson Family Foundation»

The Gustafson Family Foundation
Employer Identification Number (EIN)411401110
Name of OrganizationThe Gustafson Family Foundation
Address6929 N Hayden Rd Ste C4-500, Scottsdale, AZ 85250-7279
ActivitiesGifts, grants, or loans to other organizations, Supplying money, goods or services to the poor
SubsectionCharitable Organization
Ruling Date06/1981
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1,056,788
Amount of Income$355,682
Form 990 Revenue Amount$110,035


Non-representatives - add comments:


CAPTCHA

Your IP address 3.88.161.108 will be logged.

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$95,952$95,952$37,561
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$24,537
Gross rents$0
Gross sales price for all assets$331,145
Gross profit from sales of goods$0
Other income$0
Other$71,415
Total expenses and disbursements$144,674$44,549$0$100,125
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$3,700
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$1,453
Printing and publications$0
Total operating and administrative expenses$44,549$44,549$0
Contributions, gifts, grants paid$100,125
Excess of revenue over expenses and disbursements$-48,722
Net investment income$51,403
Adjusted net income$37,561
Balance Sheets
2011201220132014
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$496,180$1,203,981$459,094$1,304,836$1,103,410$1,267,389$1,056,788$1,335,488
Cash - non-interest-bearing$-33,773$14,792$163,926$68,284
Investments-U.S. and state government obligations$0$0$0$0
Investments-corporate stock$306,747$427,328$931,571$981,798
Investments-corporate bonds$0$0$0$0
Investments-mortgage loans$0$0$0$0
Investments-other$221,866$16,869$7,913$6,706
Other assets$0$0
Total liabilities$0$0$0$2,100
Mortgages and other notes payable$0$0$0$0
Other liabilities$0$2,100
Total liabilities and net assets/fund balances$496,180$459,094$1,103,410$1,054,688
Capital Gains and Losses for Tax on Investment Income
2011201220132014
Capital gain net income$1,290$97,307$742,672$71,415
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
2011201220132014
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$0$422$14,303$514
Total credits and payments$592$592$170$0
Any penalty for underpayment of estimated tax$0$0$5$12
Tax due$14,138$526
Overpayment$0$0
Amount to be credited to next year's estimated tax$592$170$0$0
Statements Regarding Activities
2011201220132014
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?NoNoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
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?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
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?NoNoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
2011201220132014
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNoNo
Agree to pay money or property to a government official?NoNoNoNo
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?NoNo
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?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNoNo
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?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNoNo
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?NoNoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNoNo
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?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNoNo
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)?NoNoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNoNo
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?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
2011201220132014
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$1,168,814$1,300,333$1,293,726$1,282,433
Net value of noncharitable-use assets$1,274,320$1,263,197
Minimum investment return$57,564$64,041$63,716$63,160
Distributable Amount
2011201220132014
Distributable amount$57,564$63,619$49,413$62,646
Undistributed Income
2011201220132014
Distributable amount for this year$57,564$63,619$49,413$62,646
Undistributed income for this year. This amount must be distributed in the next year$95$0$0$0
Private Operating Foundations (for 2011 - 2014)
2014201320122011Total
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 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$24,537$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
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:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
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 Gustafson Family Foundation to others? (optional)
  
Add photo of The Gustafson Family Foundation (optional)

About You

Your nickname:

Optional Verification

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

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Black Mountain Motorcycle Club Inc in Scottsdale, AZ
****•
Jewish Arizonans On Campus, Jac in Scottsdale, AZ
*****
Knights Of Pythias Of Arizonia, Tucson Lodge 9 in Peoria, AZ
Kazakh Network in Fountain Hills, AZ
*
Central Arizona Team Penning Association in Chino Valley, AZ
*****
Buckeye Animal Rescue & Kennel in Buckeye, AZ
*****
Saving Paws Az-Sunset Ranch in Phoenix, AZ
*****
Susan Mortensen Turley Foundation in Chandler, AZ
*****
Trees Please in Tucson, AZ
*****
Christs Family Church in Mesa, AZ
*****
Other organizations in Arizona
IdNameAddressStateEstablishedTotal Income
1The Farley Family Foundation6601 E Grant Rd Ste 101, Tucson, AZ 85715-3821AZ1996-02$1
2The Flagstaff Light Opera CompanyPO BOX 23587, Flagstaff, AZ 86002-3587AZ1996-04$49,360
3The Foraker Foundation6735 E San Juan Ave, Paradise Vly, AZ 85253-5965AZ2002-04$48,185
4The Friends Of Arizona Highways Magazine Foundation2039 W Lewis Ave, Phoenix, AZ 85009-2819AZ1988-06$648,003
5The Garuna Foundation2924 E Cholla St, Phoenix, AZ 85028-1937AZ2001-11$316,828
6The George Family Foundation7098 E Cochise Rd Ste 100, Scottsdale, AZ 85253-4517AZ2003-01$1,510
7The Gift Of Life Arizona Inc2800 N Central Ave Ste 1450, Phoenix, AZ 85004-1054AZ1986-12$64,800
8The GovernorsPO BOX 25827, Tempe, AZ 85285-5827AZ2000-10$138,948
9The Greater Southwest Chapter Club Managers Association Of America9333 N 119th Way, Scottsdale, AZ 85259-6046AZ1995-02$118,060
10The Griffin Foundation Inc, Children Reaching For The Sky1844 S Alvernon Way, Tucson, AZ 85711-5607AZ1995-01$2,784,064
11The Gustafson Family Foundation6929 N Hayden Rd Ste C4-500, Scottsdale, AZ 85250-7279AZ1981-06$355,682
12The Hannah B Foundation4222 E Mclellan, Mesa, AZ 85205-3117AZ2002-09$42,955
13The Harden Family Foundation7501 E Thompson Peak Pkwy Unit 419, Scottsdale, AZ 85255-4537AZ2000-06$10,917
14The Harp Foundation400 W Camelback Rd Ste 304, Phoenix, AZ 85013-2373AZ2001-02$128,761
15The Harry And Marjorie Stewart Foundation11825 E Elin Ranch Rd, Tucson, AZ 85749-8798AZ1986-07$26,955
16The Hollis Family Foundation Dtd 12-28-1999, Hollis Donald R & Marilyn G Ttee6210 E Cholla Pl, Paradise Vly, AZ 85253-3028AZ2002-03$13,884
17The Ingebritson Family Foundation2201 E Camelback Rd 202, Phoenix, AZ 85016-3431AZ1996-11$1,023,890
18The Institute For Spiritual Research IncPO BOX 3516, W Sedona, AZ 86340-3516AZ1983-08$1,463,709
19The Institute Of Harmonic Science730 E Rowlands Ln, Phoenix, AZ 85022-4338AZ2001-07$18,191
20The International Academy Of Collaborative Professionals4201 N 24th St Ste 240, Phoenix, AZ 85016-6267AZ1999-07$1,434,210

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Gustafson Family Foundation and has no official or unofficial affiliation with The Gustafson Family Foundation