Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust in Reinbeck, Iowa (IA)

Organization representatives - add corrected or new information about Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust »

Non-representatives - add comments about Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust»

Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust
Employer Identification Number (EIN)421189787
Name of OrganizationElsie Miller Palmer And Ben A Mil Ler Scholarship Trust
AddressPO BOX E, Reinbeck, IA 50669-0159
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date04/1983
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$181,598
Amount of Income$2,329
Form 990 Revenue Amount$3,522


Non-representatives - add comments:


CAPTCHA

Your IP address 44.215.110.142 will be logged.

Financial snapshot ($)

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$2,329$2,329$2,329
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$2,329
Dividends and interest from securities$0
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$4,281$0$0$4,000
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$200
Accounting fees$0
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$27
Total operating and administrative expenses$281$0$0
Contributions, gifts, grants paid$4,000
Excess of revenue over expenses and disbursements$-1,952
Net investment income$2,329
Adjusted net income$2,329
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$184,764$0$183,550$0$181,598$181,598
Cash - non-interest-bearing$0$0$0
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$0$0$0
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0
Total liabilities$0$1$1
Mortgages and other notes payable$0$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$184,764$183,550$181,598
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$0$0
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$70$54$47
Total credits and payments$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$54$47
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201120122013
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?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$192,964$186,001$187,622
Net value of noncharitable-use assets$183,211$184,808
Minimum investment return$9,504$9,161$9,240
Distributable Amount
201120122013
Distributable amount$9,434$9,107$9,193
Undistributed Income
201120122013
Distributable amount for this year$9,434$9,107$9,193
Undistributed income for this year. This amount must be distributed in the next year$0$3,523$8,716
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$2,329
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust to others? (optional)
  
Add photo of Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Disabled American Veterans, Disabled American Veterans Chapter 20 - Des Moines Ia in Des Moines, IA
Pink Tractor Foundation in St Charles, IA
*****
Mid Iowa Foster Grandparent Program in Boone, IA
Furry Friends Refuge in Urbandale, IA
*
Endure Iowa Inc in Johnston, IA
*****
Boone Community Theatre in Boone, IA
****
Missouri River Boat Club in Sioux City, IA
**
Teens Of Tomorrow Inc in Council Blfs, IA
Midwest Pets For Life in Clinton, IA
*****
Raised At Full Draw in Winterset, IA
*****
Other organizations in Iowa
IdNameAddressStateEstablishedTotal Income
1Ellen Kennedy Living Center1177 7th Street Sw, Dyersville, IA 52040-2513IA1999-10$1,608,842
2Ellsworth College FoundationPO BOX 606, Iowa Falls, IA 50126-0606IA1979-12$3,353,887
3Ellsworth Housing IncorporatedPO BOX 476, Algona, IA 50511-0476IA1973-06$30,659
4Hansen Family Hospital Foundation920 S Oak St, Iowa Falls, IA 50126IA2001-08$388,847
5Elma Early Childhood Center IncPO BOX 63, Elma, IA 50628-0063IA2008-07$109,063
6Elmer L Smith Scholarship School Trust, Shadle Saundra Ttee602 Idaho St, Glidden, IA 51443-7715IA1993-03$647,438
7Elmer O & Ida Preston Educational Trust801 Grand Ave Ste 3700, Des Moines, IA 50309-8004IA1960-07$2,794,948
8Elmwood Country Club1734 Country Club Ln, Marshalltown, IA 50158-3878IA1971-09$1,602,895
9Elpis Ministries4440 College Ave, Des Moines, IA 50311-2459IA2006-02$476,508
10Elsie H Munson Tr208 Main St, Albert City, IA 50510-7701IA2006-01$37,116
11Elsie Miller Palmer And Ben A Mil Ler Scholarship TrustPO BOX E, Reinbeck, IA 50669-0159IA1983-04$2,329
12Ely Senior Housing Development Corp12289 Stratford Drive, Clive, IA 50325-8167IA1986-08$78,403
13Embassy Club666 Grand Ave Ste 3300, Des Moines, IA 50309-2509IA1948-01$3,959,697
14Emergency Food Box IncPO BOX 391, Marshalltown, IA 50158-0391IA1991-10$70,678
15Emergency Nurses Association1315 93rd Street, West Des Moines, IA 50266IA2003-08$0
16Emma Cornelis Hospitality HousePO BOX 503, Fort Madison, IA 52627-0503IA1992-09$27,256
17Emma L Schroppel Trust Uw Farmers & Merchants State Bk TteePO BOX 230, Winterset, IA 50273-0230IA$48,388
18Emmaus Bible College2570 Asbury Rd, Dubuque, IA 52001-3044IA1947-10$8,639,215
19Emmaus WayPO BOX 1788, Ames, IA 50010-1788IA1998-02$174,694
20Emmert Christian Foundation Inc605 Sunset Dr, Muscatine, IA 52761-2778IA1990-05$6,547

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust and has no official or unofficial affiliation with Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust