Herman And Rita Philips Foundation in Boca Raton, Florida (FL)
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 Florida
| Herman And Rita Philips Foundation | |
| Employer Identification Number (EIN) | 237034913 |
| Name of Organization | Herman And Rita Philips Foundation |
| Address | 120 E Palmetto Park Rd, Boca Raton, FL 33432-4835 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 09/1969 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Tax Period | 04/2011 |
| Assets | $100,000 to $499,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $312,127 |
| Amount of Income | $15,905 |
| Form 990 Revenue Amount | $15,905 |
Non-representatives - add comments:
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $15,905 | $15,905 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $15,905 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $29,906 | $3,953 | $0 | $3,953 |
| Compensation of officers, directors, trustees, etc. | $3,600 | |||
| Total operating and administrative expenses | $7,906 | $3,953 | $3,953 | |
| Contributions, gifts, grants paid | $22,000 | |||
| Excess of revenue over expenses and disbursements | $-14,001 | |||
| Net investment income | $11,952 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $312,127 | $305,350 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $250,846 | |
| Investments-corporate bonds | $50,000 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $11,281 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $312,127 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $239 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $239 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $303,238 |
| Net value of noncharitable-use assets | $298,680 |
| Minimum investment return | $14,934 |
| Distributable Amount (for 2011) | |
| Distributable amount | $14,695 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $14,695 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $14,695 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 Florida | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Heritage Fountain 2000 Inc | 106 East College Avenue, Tallahassee, FL 32301-7748 | FL | 2000-03 | $13 |
| 2 | Heritage Fund Inc | 3067 Grasslands Dr, Lakeland, FL 33803-5421 | FL | 2004-02 | $21,268 |
| 3 | Heritage Harbour Baseball Inc, Cal Ripken Baseball | 8374 Market St, Lakewood Rch, FL 34202-5137 | FL | 2007-01 | $163,324 |
| 4 | Heritage Keepers | 520 Greenway Dr, Lake Wales, FL 33898-5266 | FL | 1997-05 | $17,358 |
| 5 | Heritage Manor Of Memorial Park Inc | 515 N Flagler Dr Ste 400, West Palm Bch, FL 33401-4349 | FL | 1998-10 | $5,837,386 |
| 6 | Heritage Museum Association Inc | 115 Westview Ave, Valparaiso, FL 32580-1387 | FL | 1970-12 | $96,940 |
| 7 | Heritage Oaks Foundation Incorporated | 3225 S Macdill Ave Suite 129-265, Tampa, FL 33629-8171 | FL | 2001-08 | $1,000 |
| 8 | Heritage Park Foundation Inc | Po Box 1473, Land O Lakes, FL 34639 | FL | 2000-08 | $0 |
| 9 | Heritage Presbyterian Housing Inc | 10200 122nd Avenue North, Largo, FL 33773-2000 | FL | 1974-03 | $2,073,356 |
| 10 | Herman & Ethel Rubin Foundation | 2701 S Bayshore Dr Ste 401, Coconut Grove, FL 33133-5359 | FL | 1959-03 | $1 |
| 11 | Herman And Rita Philips Foundation | 120 E Palmetto Park Rd, Boca Raton, FL 33432-4835 | FL | 1969-09 | $15,905 |
| 12 | Herman Deford Charitable Trust | 200 S Orange Ave 5th F, Orlando, FL 32802 | FL | 1986-04 | $524,680 |
| 13 | Herman E & Helen H Turner Foundation Trust, Turner Sr Richard E Etal Co Ttee | 5004 Riverview Blvd, Bradenton, FL 34209-1940 | FL | 1999-04 | $15,018 |
| 14 | Herman Jackson Residual Trust 36862100 | PO BOX 1908, Orlando, FL 32802-1908 | FL | $210,321 | |
| 15 | Herman Lucerne Memorial Foundation Inc | 15303 Sw 84 Court, Miami, FL 33157 | FL | 2009-06 | $102,390 |
| 16 | Herman S & Judith B Swartz Family Foundation, Swartz Herman S Ttee | 500 Southeast Sth Ave, Boca Raton, FL 33432 | FL | 1995-03 | $168,031 |
| 17 | Hermanns Family Foundation Inc | 3633 Bayshore Blvd Ne, St Petersburg, FL 33703-5513 | FL | 1997-07 | $116,054 |
| 18 | Hermetic Order Of The Golden Dawn Inc | 4124 Raccoon Loop, New Port Richey, FL 34653 | FL | 2007-03 | $0 |
| 19 | Hermitage Artist Retreat Inc | 6660 Manasota Key Rd, Englewood, FL 34223-9213 | FL | 2002-09 | $489,230 |
| 20 | Hermon Community Services Center Inc | 6102 Fillmore Street, Hollywood, FL 33024 | FL | 2004-11 | $1,500 |
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