Heritage Foundation Inc in Rockford, Illinois (IL)

Heritage Foundation Inc
Employer Identification Number (EIN)	066090012
Name of Organization	Heritage Foundation Inc
In Care of Name	Mbk & G P C
Address	6815 Weaver Rd Ste 100, Rockford, IL 61114-8060
Activities	Gifts, grants, or loans to other organizations
Subsection	Charitable Organization
Ruling Date	10/1967
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$1,000,000 to $4,999,999
Income	$500,000 to $999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$1,235,023
Amount of Income	$602,052
Form 990 Revenue Amount	$71,414

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2012)
Total revenue	$162,407	$162,407	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$7,111
Gross rents	$96,000
Gross profit from sales of goods	$0
Other income	$0
Other	$59,296
Total expenses and disbursements	$97,040	$63,517	$0	$33,523
Compensation of officers, directors, trustees, etc.	$0
Total operating and administrative expenses	$71,956	$63,517		$8,439
Contributions, gifts, grants paid	$25,084
Excess of revenue over expenses and disbursements	$65,367
Net investment income		$98,890
Adjusted net income			$0

	Book Value	Fair Market Value
Balance Sheets (for 2012)
Total assets	$1,322,600	$1,322,600
Cash - non-interest-bearing	$179
Investments-U.S. and state government obligations	$0
Investments-corporate stock	$544,257
Investments-corporate bonds	$0
Investments-mortgage loans	$0
Investments-other	$429,019
Other	$349,145
Total liabilities	$669,712
Mortgages and other notes payable	$0
Other	$669,712
Total liabilities and net assets/fund balances	$652,888

Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income	$59,296
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	$1,978
Total credits and payments	$605
2012 estimated tax payments and 2011 overpayment credited to 2012	$605
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	$1,373
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?	Yes
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	$922,189
Net value of noncharitable-use assets	$908,360
Minimum investment return	$45,418

Distributable Amount (for 2012)
Distributable amount	$43,440

Undistributed Income (for 2012)
Distributable amount for 2012	$43,440
Undistributed income for 2012. This amount must be distributed in 2013	$35,001

	2012	2011	2010	2009	Total
Private Operating Foundations (for 2012)
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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Id	Name	Address	State	Established	Total Income
Other organizations in Illinois
1	Heritage Behavioral Health Center Inc	PO BOX 710, Decatur, IL 62525-0710	IL	1972-05	$9,482,146
2	Heritage Center Foundation	607 E Maple Ridge, Edelstein, IL 61526	IL	2007-08	$0
3	Heritage Community Development Corporation	1551 W 95th St, Chicago, IL 60643-1329	IL	2012-02	$28,911
4	Heritage Corridor Credit Union	1910 Ferro Dr, New Lenox, IL 60451-3506	IL	1942-09	$734,911
5	Heritage Corridor Visitors Bureau	15701 S Independence Blvd, Romeoville, IL 60446-3555	IL	1986-09	$1,831,505
6	Heritage Educational Foundation	2826 W Lunt, Chicago, IL 60645	IL	2007-04	$0
7	Heritage Ensemble	Po Box 9467, Peoria, IL 61612	IL	2001-01	$0
8	Heritage Family Ministries Inc	Po Box 96, Roberts, IL 60962	IL	2007-09	$109,577
9	Heritage Fields Iii Inc	PO BOX 710, Decatur, IL 62525-0710	IL	2003-01	$105,206
10	Heritage Fields Inc	PO BOX 710, Decatur, IL 62525-0710	IL	2002-07	$121,767
11	Heritage Foundation Inc	6815 Weaver Rd Ste 100, Rockford, IL 61114-8060	IL	1967-10	$602,052
12	Heritage Foundation Of First Security Federal Sav Bank Inc	2329 W Chicago Ave, Chicago, IL 60622-4723	IL	1997-08	$644,119
13	Heritage Grove Inc	PO BOX 710, Decatur, IL 62525-0710	IL	2000-04	$136,984
14	Heritage Grove Middle School Pto	12450 S Van Dyke Road, Plainfield, IL 60585	IL	2005-02	$21,679
15	Heritage House And Museum Of Okawville	PO BOX 305, Okawville, IL 62271-0305	IL	1983-06	$38,332
16	Herman & Katherine Peters Foundation Corp	351 W Glade Rd, Palatine, IL 60067-6831	IL	1997-11	$5,090,466
17	Herman And Debbie Lazar Charitable Foundation	6600 N California Ste 3n, Chicago, IL 60645	IL	1991-09	$210,604
18	Herman B Lustigman Charitable Foundation	3924 W Devon Ave Ste 202, Lincolnwood, IL 60712-1040	IL	2001-10	$3,089,271
19	Herman M & Bea L Silverstein Foundation Inc	330 N Wabash Ave Ste 3000, Chicago, IL 60611-3699	IL	1996-02	$12
20	Herman Rieger Foundation	PO BOX 235, Forrest, IL 61741-0235	IL	1987-07	$147