Shay Foundation Inc in Coral Gables, Florida (FL)

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Shay Foundation Inc
Employer Identification Number (EIN)650455713
Name of OrganizationShay Foundation Inc
Address13635 Deering Bay Dr Ph 293, Coral Gables, FL 33158-2812
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date09/1994
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2008
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$585,777
Amount of Income$444,898
Form 990 Revenue Amount$0


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Financial snapshot ($)

Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$776,461$2,341$75,305
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$734,421$0$73,442
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$42,041$2,341$1,863
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$1,784
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$1,784
Unrelated business taxable income$7,251
Unrelated business taxable income before net operating loss deduction$73,521
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$73,521
Specific deduction$1,000
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