World Cannabis Foundation in Los Angeles, California (CA)
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 California
| World Cannabis Foundation | |
| Employer Identification Number (EIN) | 954544073 |
| Name of Organization | World Cannabis Foundation |
| In Care of Name | Richard Marvin Davis |
| Address | 825 N La Jolla, Los Angeles, CA 90046 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Giving information or opinion (see also Advocacy) |
| Subsection | Charitable Organization |
| Ruling Date | 12/1996 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1 |
| Amount of Income | $1 |
| Form 990 Revenue Amount | $1 |
| National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Housing, Shelter (Not Elsewhere Classified) |
Non-representatives - add comments:
| 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 | $1 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1 | |||
| Total expenses and disbursements | $0 | $0 | $0 | $0 |
| Excess of revenue over expenses and disbursements | $0 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1 | $0 |
| 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 | $1 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $0 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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 | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 California | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Women Artists Of The West | 14798 Wild Mustang Place, Jamul, CA 91935-2122 | CA | 1989-05 | $14,508 |
| 2 | Women On The Move Evangelizing Nations N S D Cty | 3573 Starboard Cir, Oceanside, CA 92054 | CA | 2003-01 | $3,000 |
| 3 | Womens Voices Now Inc | 11640 San Vicente Blvd, Los Angeles, CA 90049 | CA | 2010-08 | $166,718 |
| 4 | Wood-Claeyssens Foundation | PO BOX 30586, Santa Barbara, CA 93130-0586 | CA | 2012-02 | $107,731,464 |
| 5 | Woodland Cal Ripken Youth Baseball League | 725 Main St Ste 11, Woodland, CA 95695-3454 | CA | 2001-01 | $133,540 |
| 6 | Woodland Parent Nursery School | 655 4th St, Woodland, CA 95695 | CA | 2009-12 | $44,287 |
| 7 | Work Horse Organic Agriculture Inc, Whoa Farm | 4947 Petaluma Hill Rd, Santa Rosa, CA 95404-9763 | CA | 2011-07 | $163,422 |
| 8 | Workman Of God International Inc | PO BOX 452, Chino, CA 91708-0452 | CA | 2012-04 | $31,650 |
| 9 | World Animal Rescue Inc | 5922 Penfield Ave, Woodland Hills, CA 91367 | CA | 1999-11 | $22,000 |
| 10 | World Ark Mission Inc | 10541 Pinion Trl, Escondido, CA 92026-7330 | CA | 2011-09 | $141,243 |
| 11 | World Cannabis Foundation | 825 N La Jolla, Los Angeles, CA 90046 | CA | 1996-12 | $1 |
| 12 | World Christian Restaurant Ministries Inc | 22274 Main St, Hayward, CA 94541-4005 | CA | 2011-03 | $211,174 |
| 13 | World Famous Foundation Inc | 31532 Railroad Canyon Rd Ste 108, Canyon Lake, CA 92587-9440 | CA | 2010-06 | $1 |
| 14 | World Health Partners Inc | 653 5th Ave, San Francisco, CA 94118-3914 | CA | 2010-02 | $10,316,853 |
| 15 | World Share | 4315 W Pico Blvd, Los Angeles, CA 90019-3140 | CA | 2012-11 | $162,669 |
| 16 | World Spine Care | 801 North Tustin Avenue, Santa Ana, CA 92705-3612 | CA | 2010-03 | $266,102 |
| 17 | World Taekwondo Corporation | 810 E 8th St, Oakland, CA 94606-3607 | CA | 2008-11 | $54,297 |
| 18 | World Youth Life | 2122 Tangerine St, Palmdale, CA 93551-6226 | CA | 2005-11 | $92,894 |
| 19 | Worldbike | 868 43rd Street, Oakland, CA 94608-3174 | CA | 2004-08 | $24,740 |
| 20 | Worldwide Opportunities On Organic Farms - Usa | 654 Fillmore St, San Francisco, CA 94117-2611 | CA | 2010-04 | $567,302 |



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