William Mctaggart Charitable Tr in Indianapolis, Indiana (IN)
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 Indiana
| William Mctaggart Charitable Tr | |
| Employer Identification Number (EIN) | 352043715 |
| Name of Organization | William Mctaggart Charitable Tr |
| In Care of Name | Salin Bank & Trust Co - Trust Dep |
| Address | 8455 Keystone Crossing Drive, Indianapolis, IN 46240-4353 |
| Subsection | Charitable Organization |
| Ruling Date | 07/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $25,000 to $99,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $37,267 |
| Amount of Income | $715,009 |
| Form 990 Revenue Amount | $25,352 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General) |
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 | $25,352 | $25,352 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $13,690 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $11,662 | |||
| Total expenses and disbursements | $659,122 | $10,465 | $0 | $648,657 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $10,465 | $10,465 | $0 | |
| Contributions, gifts, grants paid | $648,657 | |||
| Excess of revenue over expenses and disbursements | $-633,770 | |||
| Net investment income | $14,887 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $37,267 | $37,267 |
| 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 | $37,267 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $37,267 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $11,662 |
| 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 | $149 |
| Total credits and payments | $176 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $176 |
| 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 |
| Overpayment | $27 |
| 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? | 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 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 | $360,563 |
| Net value of noncharitable-use assets | $355,160 |
| Minimum investment return | $17,758 |
| Distributable Amount (for 2011) | |
| Distributable amount | $17,609 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $17,609 |
| 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 Indiana | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | William A & Martha H Hillenbrand Foundation | 300 Winding Way Ste 200, Batesville, IN 47006-7611 | IN | 1988-07 | $108,584 |
| 2 | William D Backman Iv Community Fund, Backmann Iii William D | PO BOX 253, Aurora, IN 47001-0253 | IN | 2002-05 | $440 |
| 3 | William E Upchurch Family Foundation | PO BOX 798, North Webster, IN 46555-0798 | IN | 2000-07 | $1,394 |
| 4 | William E Willenar Genealogy Center Foundation Inc | 1123 Essex Dr, Auburn, IN 46706-1335 | IN | 2001-07 | $258,352 |
| 5 | William G & Joan E Frazier Foundation Inc | 8001 N Williamson Rd, Muncie, IN 47303-9491 | IN | 1992-03 | $6,400 |
| 6 | William Henry Harrison Bandboosters Inc | 5701 N Cr 50 W, West Lafayette, IN 47906 | IN | 2006-09 | $54,344 |
| 7 | William Henry Harrison High School Athletic Boosters Club | 5701 N County Rd 50 W, West Lafayette, IN 47906 | IN | 1983-03 | $95,295 |
| 8 | William J And Bonnie L Hefner Foundation | 10822 Birkdale Ct, Fort Wayne, IN 46814-9311 | IN | 1988-12 | $770,570 |
| 9 | William Leonard Sandersen Scholarship Fund Of Aspen High Sch | 8047 Heyward Dr, Indianapolis, IN 46250 | IN | 1973-05 | $4,651 |
| 10 | William Mary & Katherine Oconnor Religious Char Tr 20-102160291 | 202 S Michigan St, South Bend, IN 46601-2021 | IN | 1900-12 | $7,215 |
| 11 | William Mctaggart Charitable Tr | 8455 Keystone Crossing Drive, Indianapolis, IN 46240-4353 | IN | 1999-07 | $715,009 |
| 12 | William R Fenoglio Foundation | 2425 N 8th St, Terre Haute, IN 47804-1808 | IN | 1997-02 | $15,563 |
| 13 | William V And Jane C Drew Family Foundation, Drew William V Ttee | 8064 Morningside Dr, Indianapolis, IN 46240-2529 | IN | 2001-05 | $231,120 |
| 14 | Williamsburg Area Community Center Inc | PO BOX 145, Williamsburg, IN 47393-0145 | IN | 1984-09 | $28,386 |
| 15 | Willowview Inc | 720 N Marr Rd, Columbus, IN 47201-6660 | IN | 2001-07 | $68,917 |
| 16 | Wilson Vaughn Historic Hostess House Inc | 723 W 4th St, Marion, IN 46952 | IN | 2009-08 | $77,919 |
| 17 | Winamac Conservation Club Inc | 437 N Market St, Winamac, IN 46996 | IN | 1952-06 | $1,152 |
| 18 | Winamac Lodge No 2513 Loyal Order Of Moose, 2513 | PO BOX 53, Winamac, IN 46996-0053 | IN | 1940-05 | $58,680 |
| 19 | Winchester Community Athletic Booster Club | 700 N Union St, Winchester, IN 47394 | IN | 1981-10 | $43,645 |
| 20 | Winchester Downtown Charitable Association Inc | Po Box 612, Winchester, IN 47394 | IN | 2000-02 | $0 |



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