Chipman-Union Foundation in Union Point, Georgia (GA)
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 Georgia
| Chipman-Union Foundation | |
| Employer Identification Number (EIN) | 586034848 |
| Name of Organization | Chipman-Union Foundation |
| In Care of Name | F S Bryan |
| Address | PO BOX 307, Union Point, GA 30669-0307 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 04/1959 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $203,751 |
| Amount of Income | $64,728 |
| Form 990 Revenue Amount | $31,841 |
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 | $25,686 | $25,686 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $1 | |||
| Dividends and interest from securities | $16,958 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $8,727 | |||
| Total expenses and disbursements | $219,939 | $6,240 | $4,377 | $213,699 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $6,240 | $6,240 | $0 | |
| Contributions, gifts, grants paid | $213,699 | |||
| Excess of revenue over expenses and disbursements | $-194,253 | |||
| Net investment income | $19,446 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $204,185 | $322,880 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $186,985 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $17,200 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $204,185 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $8,727 |
| 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 | $194 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $194 |
| 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 | $555,398 |
| Net value of noncharitable-use assets | $547,060 |
| Minimum investment return | $27,353 |
| Distributable Amount (for 2012) | |
| Distributable amount | $27,159 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $27,159 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
  |
Yargo Community Concert Band Incorporated in Hoschton, GA
 |
| Carrollton Empty Stocking Fund Inc in Carrollton, GA |
|
Beckel Inc in Roswell, GA
|
|
Renewal Counseling Group Inc in Lawrenceville, GA
|
|
Nehemiah Project Outreach Ministries Inc in Fayetteville, GA
|
|
Mature Ministries Inc in Perry, GA
|
|
Stonehenge Youth Association Inc in Athens, GA
|
|
Pleasant Grove Baptist Church, Chattooga in Summerville, GA
|
| Hogansville Charitable Trust Inc in Hogansville, GA |
| Other organizations in Georgia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Childs World Christian Learning Center Inc | 195 Brittany Ct, Richmond Hill, GA 31324-5183 | GA | 2000-04 | $157,201 |
| 2 | Childspirit Inc | 35 Camp Ct, Carrollton, GA 30117-8836 | GA | 2002-01 | $1,000 |
| 3 | Childspring International Inc, Surgeries For Children In Need | 1328 Peachtree Street Nw Ste, Atlanta, GA 30309 | GA | 2001-11 | $1,123,218 |
| 4 | China Clay Producers Association Inc | 113 Arkwright Lndg, Macon, GA 31210-1364 | GA | 1987-07 | $452,380 |
| 5 | Chinese American Service Agency Inc | 3610 Dekalb Technology Pkwy Ste 107, Atlanta, GA 30340-3607 | GA | 1994-09 | $52,395 |
| 6 | Chinese Business Association Inc | Po Box 47872, Doraville, GA 30362 | GA | 1995-07 | $0 |
| 7 | Chinese Community Center Inc | 120 Camellia Ct, Roswell, GA 30076-2619 | GA | 1980-09 | $108,814 |
| 8 | Chinese Cultural School Inc | 4350 Peachtree Industrial Blvd 400, Norcross, GA 30071-1655 | GA | 1997-04 | $86,193 |
| 9 | Chinese Medical Association Of Georgia | 5008 Buford Hwy Ste A, Chamblee, GA 30341-3531 | GA | 1996-06 | $7,665 |
| 10 | Chinese-American Cultural Institute | 2199 Brooke Farm Trail, Dunwoody, GA 30338 | GA | 1996-11 | $0 |
| 11 | Chipman-Union Foundation | PO BOX 307, Union Point, GA 30669-0307 | GA | 1959-04 | $64,728 |
| 12 | Chirala Medical And Educational Trust Inc | 1004 Oak Rd Sw, Lilburn, GA 30047-1827 | GA | 2006-08 | $66,104 |
| 13 | Choate Family Foundation Inc | 8200 Roberts Dr Ste 600, Atlanta, GA 30350-4148 | GA | 2003-01 | $26,111 |
| 14 | Choicepoint Inc Health Care Benefit Tr | 1000 Alderman Dr 71b, Alpharetta, GA 30005-4101 | GA | 1998-12 | $30,655,797 |
| 15 | Choicepoint Inc Retired Employees Medical Benefit Trust | 1000 Alderman Dr Maildrop 71 B, Alpharetta, GA 30005 | GA | 2003-02 | $3,071,424 |
| 16 | Choices Atlanta Inc | 10945 State Bridge Road St 401-325, Alpharetta, GA 30022 | GA | 2006-09 | $4 |
| 17 | Choices Matter Development Foundation Inc, Choices Matter | 307 Noble Creek Dr, Atlanta, GA 30327 | GA | 2005-07 | $0 |
| 18 | Choose Life Ministries Safe Choice | PO BOX 383, Ellijay, GA 30540 | GA | 1992-01 | $76,435 |
| 19 | Choose Life Of Georgia Inc | 783 Holcomb Bridge Rd, Norcross, GA 30071-1324 | GA | 2007-08 | $43,416 |
| 20 | Choosetoreachforjesus1 Inc | 137 Wolfs Thick Rd, Cordele, GA 31015-6340 | GA | 2009-03 | $34,326 |
Organization representatives - add corrected or new information about Chipman-Union Foundation »
Non-representatives - add comments about Chipman-Union Foundation»