Dr Max Thorek Student Loan Fund Inc in Chicago, Illinois (IL)
Table of contents:
| Dr Max Thorek Student Loan Fund Inc | |
| Employer Identification Number (EIN) | 366111432 |
| Name of Organization | Dr Max Thorek Student Loan Fund Inc |
| Address | 1516 N Lake Shore Dr, Chicago, IL 60610-8157 |
| Activities | Other school related activities |
| Subsection | Educational Organization |
| Ruling Date | 10/1964 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $306,894 |
| Amount of Income | $1,912 |
| Form 990 Revenue Amount | $1,912 |
Non-representatives - add comments:
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $4,483 | $3,151 | $1,912 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $4,483 | $3,151 | $1,912 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $3,175 | $3,336 | $3,285 |
| Total net assets | $308,447 | $308,262 | $306,889 |
| Excess/Deficit for the year | $1,308 | $-185 | $-1,373 |
| Net assets or fund balances at beginning of year | $307,139 | $308,447 | $308,262 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $308,262 | $306,889 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $308,447 | $308,280 | $306,894 |
| Total liabilities | $0 | $18 | $5 |
| Net assets or fund balances | $308,447 | $308,262 | $306,889 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $6,377 |
| Subtotal | $6,377 |
| Gifts, grants, contributions, and membership fees received | $0 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $6,377 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $32,924 |
| Public support | $6,377 |
| Subtotal | $26,547 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $26,547 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Dr John Warner Hospital Foundation Inc | 422 W White, Clinton, IL 61727 | IL | 1999-04 | $0 |
| 2 | Dr Jorge Prieto Community Board | 2424 S Pulaski Rd, Chicago, IL 60623-3718 | IL | 1994-08 | $29,954 |
| 3 | Dr K Jeffery Kranzler Md Foundation | 2712 W Sherwin Ave, Chicago, IL 60645-1322 | IL | 2014-07 | $0 |
| 4 | Dr Kelly E Ludwig Foundation | PO BOX 2772, Orland Park, IL 60462 | IL | 2009-04 | $0 |
| 5 | Dr King Education Center Inc | PO BOX 89, Kankakee, IL 60901-0089 | IL | 1977-11 | $59,022 |
| 6 | Dr Laurence A Mack Memorial Fund | 8843 Kostner Ter, Skokie, IL 60076-1837 | IL | 2003-09 | $42,676 |
| 7 | Dr Laurence H & Carol B Rubenstein Family Foundation | 70 Crescent Dr, Glencoe, IL 60022-1302 | IL | 2001-02 | $39,877 |
| 8 | Dr Louis And Anna Mae Alonzi Charitable Tr 09012004, Geitner Neal P Ttee | 650 Dundee Rd Ste 475, Northbrook, IL 60062-2799 | IL | 2007-07 | $36 |
| 9 | Dr Man Singh Foundation | 4600 30th St, Rock Island, IL 61201-7038 | IL | 1990-07 | $2,035 |
| 10 | Dr Martin Luther King Jr Advocacy For Justice Committee | PO BOX 704, Champaign, IL 61824-0704 | IL | 1998-02 | $27,837 |
| 11 | Dr Max Thorek Student Loan Fund Inc | 1516 N Lake Shore Dr, Chicago, IL 60610-8157 | IL | 1964-10 | $1,912 |
| 12 | Dr Morris A & Celia F Kaplan Foundation | 155 N Michigan Ave Ste 625, Chicago, IL 60601-7795 | IL | 1967-04 | $5,651 |
| 13 | Dr Sharon L Ellis Education & Family Life Institute | 1100 Greenwood Ave, Ford Heights, IL 60411 | IL | 2013-01 | $0 |
| 14 | Dr Sun Yat-Sen Museum Of Chicago | 2245 S Wentworth Ave 3rd Flr, Chicago, IL 60616-2011 | IL | 2003-06 | $32,508 |
| 15 | Draiman Foundation | 7520 Skokie Blvd, Skokie, IL 60077-3342 | IL | 1987-08 | $4 |
| 16 | Drauden Point Middle School Pto, Jones Melanie Pres | 1911 Drauden Rd, Plainfield, IL 60586-5669 | IL | 2002-09 | $21,082 |
| 17 | Draugas Foundation, Co Alexander R Domanskis | 4545 W 63rd St, Chicago, IL 60629-5532 | IL | 1994-05 | $324,157 |
| 18 | Dream Associates Inc | 14 Forest Hills Rd, Lake Bluff, IL 60044-2404 | IL | 1991-10 | $294,333 |
| 19 | The Dream Center Of Peoria Nfp | 714 Hamilton Blvd, Peoria, IL 61603-3617 | IL | 2003-12 | $1,147,278 |
| 20 | Dream Makerz Foundation | 485 E Half Day Rd Ste 200, Buffalo Grove, IL 60089-8806 | IL | 2007-11 | $556,857 |
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