Ethel Clark Endowment Fund For Texas, Texas Wesleyan College in Chicago, Illinois (IL)
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 Illinois
| Ethel Clark Endowment Fund For Texas, Texas Wesleyan College | |
| Employer Identification Number (EIN) | 756381883 |
| Name of Organization | Ethel Clark Endowment Fund For Texas |
| Secondary Name | Texas Wesleyan College |
| In Care of Name | Chase Manhattan Bank |
| Address | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 |
| Activities | Non-exempt charitable trust described in section 4947(a)(1) of the Code |
| Subsection | 4947(a)(1) - Private Foundation (Form 990PF Filer) |
| Foundation | All organizations except 501(c)(3) |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $58,871 |
| Amount of Income | $16,784 |
| Form 990 Revenue Amount | $3,102 |
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 | $2,090 | $2,081 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $1,555 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $9 | |||
| Other | $526 | |||
| Total expenses and disbursements | $2,727 | $771 | $0 | $1,892 |
| Compensation of officers, directors, trustees, etc. | $1,500 | |||
| Total operating and administrative expenses | $1,585 | $771 | $750 | |
| Contributions, gifts, grants paid | $1,142 | |||
| Excess of revenue over expenses and disbursements | $-637 | |||
| Net investment income | $1,310 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $58,871 | $62,954 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $37,123 | |
| Investments-corporate bonds | $17,374 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $4,374 | |
| Total liabilities | $510 | |
| Mortgages and other notes payable | $0 | |
| Other | $510 | |
| Total liabilities and net assets/fund balances | $58,361 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $526 |
| 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 | $26 |
| Total credits and payments | $32 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $32 |
| 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 | $6 |
| Amount to be credited to 2013 estimated tax | $6 |
| 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? | Yes |
| 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 | $61,491 |
| Net value of noncharitable-use assets | $60,560 |
| Minimum investment return | $3,028 |
| Distributable Amount (for 2012) | |
| Distributable amount | $3,002 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $3,002 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $2,966 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Positive Pathways Of Chicago in Chicago, IL
 |
Chicago Assembly Foundation in Chicago, IL
 |
|
Wavering Fam Charitable Foundation in Chicago, IL
|
|
Chicago Couture Fashion Week Inc in Chicago, IL
|
|
Lawndale Business Renaissance Association in Chicago, IL
|
|
Frances E Streit Foundation, Peggy A Wagener Ttee in Chicago, IL
|
|
Berea International Nfp in Chicago, IL
|
|
Debre Genet Kidist Mariam Ethiopian Orthodox Tewahido Church Of Chicag in Chicago, IL
|
|
Golden Apple Foundation For Excellence In Teaching in Chicago, IL
|
| Sirmir in Chicago, IL |
| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Dolores E Graves Foundation | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 2001-03 | $186,806 |
| 2 | Don & Mildred Feely Charitable Trust 9300045200 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2007-04 | $40,628 |
| 3 | Don Nierling Memorial Foundation 99-0482012000 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $2,015,352 | |
| 4 | Elizabeth Ann Parkman Foundation | 330 N Wabash Ave, Chicago, IL 60611-3586 | IL | 1964-10 | $1,204,700 |
| 5 | Edna And Fred L Mandel Jr Foundation | 10 S Riverside Plz Ste 900, Chicago, IL 60606-3770 | IL | 2000-12 | $3,575,559 |
| 6 | Edmond Town Hall Trust Ua | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1973-05 | $360,125 |
| 7 | E C Adleta Foundation Twc 2438 | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1983-02 | $113,291 |
| 8 | Eleanor Schwartz Charitable Foundation | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2008-10 | $17,939,870 |
| 9 | Estee Lauder Fund Tr | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2006-02 | $330,662,566 |
| 10 | Esther Simon Charitable Trust P-50418-00-6 | 10 S Dearborn Il1-0111, Chicago, IL 60603-2300 | IL | 1954-06 | $4,247,898 |
| 11 | Ethel Clark Endowment Fund For Texas, Texas Wesleyan College | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | $16,784 | |
| 12 | Dupee Family Foundation, David B Dupee Et Al Ttee | 111 W Monroe St Tax Div 10cd, Chicago, IL 60603 | IL | 2007-03 | $49,996 |
| 13 | Easy K Foundation Inc | 2117 Trowbridge Ct, Glenview, IL 60026-1328 | IL | 1967-05 | $659,227 |
| 14 | Edwin K Donaldson Memorial Foundation | 1182 Chatfield Rd, Winnetka, IL 60093-1846 | IL | 2008-11 | $10,668 |
| 15 | Empowerment Through Hearing Inc | 777 North Michigan Ave 2509, Chicago, IL 60611 | IL | 2007-03 | $0 |
| 16 | Elevator U Inc | 4751 N Olcott Ave, Harwood Hts, IL 60706-4605 | IL | 2008-11 | $66,372 |
| 17 | Dubuque Rotary Club Foundation | 54 Ford Drive, East Dubuque, IL 61025 | IL | 2006-11 | $0 |
| 18 | Edith Curtis Armstrong & Florence E | 4279 Hazel Rd, Fulton, IL 61252-9835 | IL | 1956-01 | $315,803 |
| 19 | Donald L And Susan J Schwartzfoundation | 191 Park Ave, Glencoe, IL 60022-1351 | IL | 2005-12 | $565,646 |
| 20 | Donald L Schoonmaker Scholarship Fund Ltd | 698 Exmoor Ter, Crystal Lake, IL 60014-7003 | IL | 2003-09 | $563 |
Organization representatives - add corrected or new information about Ethel Clark Endowment Fund For Texas, Texas Wesleyan College »
Non-representatives - add comments about Ethel Clark Endowment Fund For Texas, Texas Wesleyan College»