Clint Maslen Endowment Fund 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
| Clint Maslen Endowment Fund | |
| Employer Identification Number (EIN) | 366979864 |
| Name of Organization | Clint Maslen Endowment Fund |
| In Care of Name | Harris Na |
| Address | 111 W Monroe St Tax Div 16w, Chicago, IL 60603 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $319,055 |
| Amount of Income | $255,663 |
| Form 990 Revenue Amount | $23,212 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2011
Expenses 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 | $23,212 | $23,181 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $8,577 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $14,635 | |||
| Total expenses and disbursements | $29,185 | $2,572 | $0 | $26,515 |
| Compensation of officers, directors, trustees, etc. | $5,000 | |||
| Total operating and administrative expenses | $5,185 | $2,572 | $2,515 | |
| Contributions, gifts, grants paid | $24,000 | |||
| Excess of revenue over expenses and disbursements | $-5,973 | |||
| Net investment income | $20,609 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $319,055 | $0 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $319,055 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $319,055 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $14,635 |
| 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 | $412 |
| Total credits and payments | $80 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $80 |
| 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 | $332 |
| 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? | 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 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 | $327,992 |
| Net value of noncharitable-use assets | $323,080 |
| Minimum investment return | $16,154 |
| Distributable Amount (for 2011) | |
| Distributable amount | $15,742 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $15,742 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| 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 Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Clifton & Betsy Robinson Tr Fbo Ccc Waco 02-02144 | PO BOX 803878, Chicago, IL 60680-3878 | IL | 2000-03 | $421,986 |
| 2 | Clifton C & Villa G Edom Foundation For Photojournalism Education, The Edom Foundation | P O Box 1156, Arlington Heights, IL 60006-1156 | IL | 2002-10 | $0 |
| 3 | Clifton Downs Tr | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | $46,847 | |
| 4 | Climatecycle | 5425 N Glenwood Ave, Chicago, IL 60640-1203 | IL | 2008-03 | $166,153 |
| 5 | Cline-Lofftus Foundation | 57 Public Sq, Monmouth, IL 61462-1755 | IL | 1988-11 | $85,965 |
| 6 | Clingan Family Foundation Charitable Tr, Marjorie D Clingan Ttee | 2525 Arthur Ave, Elk Grove Vlg, IL 60007-6019 | IL | 2008-04 | $7 |
| 7 | Clingen Foundation Ltd, Clingen Brian T Ttee | 5101 Darmstadt Rd, Hillside, IL 60162-1424 | IL | 1998-10 | $1,600,007 |
| 8 | Clinical Cytometry Foundation The | 5 Revere Dr Ste 200, Northbrook, IL 60062-8000 | IL | 2006-05 | $18,867 |
| 9 | Clinical Cytometry Society Inc | 5 Revere Dr Ste 200, Northbrook, IL 60062-8000 | IL | 2000-06 | $430,970 |
| 10 | Clinical Research Institute | 3033 W Ogden, Lisle, IL 60532-1673 | IL | 1996-02 | $300 |
| 11 | Clint Maslen Endowment Fund | 111 W Monroe St Tax Div 16w, Chicago, IL 60603 | IL | 1997-02 | $255,663 |
| 12 | Clinton Chamber Of Commerce | 100 S Center Street, Clinton, IL 61727-1945 | IL | 1923-08 | $128,624 |
| 13 | Clinton Community Educational Foundation | 1210 State Rte 54 West, Clinton, IL 61727 | IL | 2007-05 | $55,700 |
| 14 | Clinton Community Young Mens Christian Association, Ymca | 417 S Alexander St, Clinton, IL 61727-2348 | IL | 1942-08 | $889,058 |
| 15 | Clinton Country Club | PO BOX 572, Clinton, IL 61727-0572 | IL | 1987-08 | $451,551 |
| 16 | Clinton County Agricultural Assn | 29228 Us Highway 50, Sandoval, IL 62882-1800 | IL | 1952-03 | $157,996 |
| 17 | Clinton County Dairy Herd Improvement Association | 17017 County Farm Rd, Carlyle, IL 62231 | IL | 1945-07 | $71,872 |
| 18 | Clinton County Electric Cooperative Inc | PO BOX 40, Breese, IL 62230-0040 | IL | 1940-05 | $15,587,665 |
| 19 | Clinton County Farm Bureau | 1165 N 4th St, Breese, IL 62230-1783 | IL | 1936-12 | $406,845 |
| 20 | Clinton County Farm Bureau Foundation | PO BOX 126, Breese, IL 62230-0126 | IL | 2001-08 | $77,510 |
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