Rowland Foundation Inc in Winchester, Kentucky (KY)
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 Kentucky
| Rowland Foundation Inc | |
| Employer Identification Number (EIN) | 610653212 |
| Name of Organization | Rowland Foundation Inc |
| Address | 5 E Hickman St, Winchester, KY 40391-2448 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 04/1967 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 07/2010 |
| Assets | $500,000 to $999,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $898,365 |
| Amount of Income | $33,466 |
| Form 990 Revenue Amount | $33,466 |
Non-representatives - add comments:
Revenue for 2010
Expenses for 2010
Assets for 2010
| Analysis of Revenue and Expenses (for 2010) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $33,466 | $33,466 | $33,466 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $991 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $32,475 | |||
| Total expenses and disbursements | $111,101 | $19,748 | $19,745 | $88,235 |
| Compensation of officers, directors, trustees, etc. | $22,500 | |||
| Total operating and administrative expenses | $37,701 | $19,748 | $14,835 | |
| Contributions, gifts, grants paid | $73,400 | |||
| Excess of revenue over expenses and disbursements | $-77,635 | |||
| Net investment income | $13,718 | |||
| Adjusted net income | $13,721 | |||
| Balance Sheets (for 2010) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $898,365 | $0 |
| Cash - non-interest-bearing | $19,633 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $878,732 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $898,365 | |
| Capital Gains and Losses for Tax on Investment Income (for 2010) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2010) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $274 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $274 |
| Amount to be credited to 2011 estimated tax | $0 |
| Statements Regarding Activities (for 2010) | |
| 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 2010 or the taxable year beginning in 2010? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2010) | |
| 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 2010, did the foundation have any undistributed income for tax year(s) beginning before 2010? | 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 2010) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $223,314 |
| Net value of noncharitable-use assets | $219,960 |
| Minimum investment return | $10,998 |
| Distributable Amount (for 2010) | |
| Distributable amount | $10,724 |
| Undistributed Income (for 2010) | |
| Distributable amount for 2010 | $10,724 |
| Undistributed income for 2010. This amount must be distributed in 2011 | $10,724 |
| Private Operating Foundations (for 2010) | |||||
| 2010 | 2009 | 2008 | 2007 | 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Clark Regional Medical Center Auxiliary in Winchester, KY |
Isaiah House Inc in Willisburg, KY
 |
| Boyle Mercer County Helping Hands Association Inc in Danville, KY |
|
Louisville Poker Society in Louisville, KY
|
| Southwest E-Z-Duz-It Club Inc in Louisville, KY |
|
Campbell County Rural Knothole League Inc in Alexandria, KY
|
|
Boston Union Church Foundation in Butler, KY
|
|
Vineyard Worship Center in Mortons Gap, KY
|
Dover Volunteer Fire Department Inc in Dover, KY
 |
|
Kentucky Environmental Foundation Inc in Berea, KY
|
| Other organizations in Kentucky | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rotary International, Elizabethtown Rotary | PO BOX 521, Elizabethtown, KY 42702-0521 | KY | 1958-05 | $75,034 |
| 2 | Rotary International | PO BOX 445, Elizabethtown, KY 42702 | KY | 1942-09 | $47,903 |
| 3 | Rotary International, Hazard Rotary Club | PO BOX 1864, Hazard, KY 41702-1864 | KY | 1966-09 | $66,070 |
| 4 | Rotary International, Lagrange Rotary Club | 208 Parker Drive, La Grange, KY 40031-2233 | KY | 1942-09 | $63,574 |
| 5 | Rotary International, Louisville | 401 W Main Street, Louisville, KY 40202-2948 | KY | 1958-05 | $650,014 |
| 6 | Rotary International, Rotary Club Of Hopkinsville | PO BOX 199, Hopkinsville, KY 42241-0199 | KY | 1942-09 | $40,477 |
| 7 | Rouse Family Foundation Inc | 2201 Regency Road, Lexington, KY 40503-2335 | KY | 2008-09 | $269,343 |
| 8 | Rowan County Band Boosters | PO BOX 1324, Morehead, KY 40351-5324 | KY | 2005-02 | $59,229 |
| 9 | Rowan County Christmas Inc | P O Box 1323, Morehead, KY 40351 | KY | 1993-11 | $32,995 |
| 10 | Rowan Water Inc | 1765 Christy Crk, Morehead, KY 40351-9666 | KY | 1971-06 | $3,361,473 |
| 11 | Rowland Foundation Inc | 5 E Hickman St, Winchester, KY 40391-2448 | KY | 1967-04 | $33,466 |
| 12 | Royal & Select Masters Of Kentucky Grand Council | 7807 Bluebonnet Road, Louisville, KY 40258 | KY | 1940-08 | $50,715 |
| 13 | Royal Armouries Foundation Inc | 2885 Riedling Dr, Louisville, KY 40206-1480 | KY | 2004-05 | $350 |
| 14 | Royal Order Of Jesters, 0172 Big Sandy Ct | 1051 Christian St, Morehead, KY 40351-1377 | KY | 1941-12 | $52,365 |
| 15 | Royal Order Of Jesters Louisville Court #131 | 10118 Dorsey Hill Road, Louisville, KY 40223 | KY | 1941-12 | $41,854 |
| 16 | Royalmont Academy Inc | 80 Sunnymede Dr, Ft Mitchell, KY 41017-2842 | KY | 1996-07 | $753,532 |
| 17 | Rudd Foundation Inc | 1 Wolf Pen Ln, Prospect, KY 40059-9699 | KY | 1979-02 | $117 |
| 18 | Rural Cooperatives Credit Union Inc | PO BOX 32170, Louisville, KY 40232-2170 | KY | 1965-02 | $1,847,246 |
| 19 | Rural Educational Association Of Kentucky, Friendship Manor Nursing Home | 7400 Friendship Dr, Pewee Valley, KY 40056-9190 | KY | 1938-05 | $9,271,203 |
| 20 | Rural Kentucky Medical Scholarship Fund | 4965 Us Highway 42 Ste 2000, Louisville, KY 40222-6379 | KY | 1980-08 | $488,300 |
Organization representatives - add corrected or new information about Rowland Foundation Inc »
Non-representatives - add comments about Rowland Foundation Inc»