Foundation Of Leonardtown Rotary Inc in Leonardtown, Maryland (MD)
Table of contents:
| Foundation Of Leonardtown Rotary Inc | |
| Employer Identification Number (EIN) | 521973908 |
| Name of Organization | Foundation Of Leonardtown Rotary Inc |
| In Care of Name | Dan Kubican |
| Address | PO BOX 738, Leonardtown, MD 20650-0738 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 10/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $108,074 |
| Amount of Income | $53,670 |
| Form 990 Revenue Amount | $14,387 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $53,670 (it was $44,686 in 2012)
| This organization: | $53,670 |
| Other organizations performing similar types of work: | $120,160 |
Assets in 2013: $108,074 (it was $96,338 in 2012)
| This organization: | $108,074 |
| Other organizations performing similar types of work: | $450,518 |
Expenses in 2013: $9,346
| This organization: | $9,346 |
| Other organizations performing similar types of work: | $61,287 |
Income to expenses ratio in 2013: 5.7
| This organization: | 5.7 |
| Other organizations performing similar types of work: | 7.3 |
Grants share in income in 2013: 60.5%
| This organization: | 60.5% |
| Other organizations performing similar types of work: | 8.9% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $3,290 | $20,649 | $14,387 |
| Contributions, gifts, grants, and similar amounts received | $2,167 | $7,102 | $8,706 |
| Program service revenue including government fees and contracts | $0 | $14,000 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $2,480 | $2,700 | $1,475 |
| Gain/Loss from sale of assets other than inventory | $-1,357 | $-3,153 | $4,206 |
| Gross amount from sale of assets other than inventory | $10,299 | $20,884 | $43,489 |
| Less: cost or other basis and sales expenses | $11,656 | $24,037 | $39,283 |
| 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 | $2,867 | $28,624 | $9,346 |
| Total net assets | $100,908 | $91,118 | $105,420 |
| Excess/Deficit for the year | $423 | $-7,975 | $5,041 |
| Net assets or fund balances at beginning of year | $86,156 | $100,907 | $91,118 |
| Other changes in net assets or fund balances | $14,329 | $-1,814 | $9,261 |
| Net assets or fund balances at end of year | $91,118 | $105,420 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $100,908 | $96,338 | $108,074 |
| Total liabilities | $0 | $5,220 | $2,654 |
| Net assets or fund balances | $100,908 | $91,118 | $105,420 |
| 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 | $66,448 |
| Subtotal | $66,448 |
| Gifts, grants, contributions, and membership fees received | $52,448 |
| 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 | $14,000 |
| 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 | $77,520 |
| Public support | $66,448 |
| Subtotal | $11,072 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $11,072 |
| 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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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The George L Shields Foundation Inc | 11140 Rockville Pike Ste 620, Rockville, MD 20852-3117 | MD | 1995-03 | $13,567,568 |
| 2 | Sid And Mary Foulger Foundation Inc | 9600 Blackwell Rd, Rockville, MD 20850-3655 | MD | 1998-06 | $5,744,893 |
| 3 | Salisbury Family Foundation Inc | 300 E Lombard St Ste 620, Baltimore, MD 21202-3227 | MD | 1996-12 | $3,810,625 |
| 4 | The Cole Foundation Inc | 2106 Lippizan Ct, Fallston, MD 21047-1627 | MD | 1995-08 | $2,090,377 |
| 5 | Tom & Glory Sullivan Foundation Inc | 11216 River View Dr, Potomac, MD 20854-1568 | MD | 1995-11 | $1,282,459 |
| 6 | The@herbert N Gundersheimer Foundation Inc | 201 North Charles Street, Baltimore, MD 21201-4102 | MD | 1998-01 | $1,239,298 |
| 7 | Spm Foundation Inc | 8300 Burdette Rd, Bethesda, MD 20817-2801 | MD | 1997-10 | $1,208,911 |
| 8 | The Nancy Peery Marriott Foundation Inc | 10400 Fernwood Rd Dept 901, Bethesda, MD 20817-1102 | MD | 1996-12 | $1,207,962 |
| 9 | Sami And Annie Totah Family Foundation, Totah Sami Ttee | 8611 2nd Ave Ste 3a, Silver Spring, MD 20910-3372 | MD | 1998-03 | $1,035,133 |
| 10 | The Adams Charitable Foundation Inc | 11049 Seven Hill Ln, Potomac, MD 20854-3245 | MD | 1996-12 | $715,224 |
| 11 | Wieler Family Private Foundation, Wieler Mary Baily Ttee | PO BOX 65149, Baltimore, MD 21209-0149 | MD | 1997-06 | $644,603 |
| 12 | Jerold J & Marjorie N Principato Foundation Inc | 5315 Kenwood Ave, Bethesda, MD 20815-6601 | MD | 1996-03 | $531,930 |
| 13 | Sylvia S Ely Foundation Inc | 10501 Willowbrook Dr, Bethesda, MD 20854-4459 | MD | 1997-08 | $517,956 |
| 14 | Roy And Ellen Rosenthal Family Foundation Inc | 10508 Willowbrook Dr, Potomac, MD 20854-4458 | MD | 1997-01 | $421,195 |
| 15 | Talbot County Family Support Center Inc | 126 Port Street Suite B, Easton, MD 21601-2600 | MD | 1997-08 | $261,855 |
| 16 | The John G & Jean R Gosnell Foundation Inc | 5317 Kenwood Ave, Chevy Chase, MD 20815-6601 | MD | 1997-04 | $260,712 |
| 17 | The@ross Z And Grace S Pierpont Charitable Trust, Pierpont Ross Z And Grace S Ttees | 9515 Deereco Rd Ste 801, Timonium, MD 21093-2169 | MD | 1997-08 | $147,126 |
| 18 | Winifred M Gordon Foundation Inc | 1 Ridge Rd, Annapolis, MD 21401-1201 | MD | 1997-03 | $96,064 |
| 19 | Smith-Evans Foundation Inc | 2005 Hideout Ln, Mitchellville, MD 20716-3546 | MD | 1996-12 | $89,618 |
| 20 | The Sonia Diamond Family Foundation Inc | 3118 Marnat Rd, Baltimore, MD 21208-4503 | MD | 1995-09 | $71,029 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 5,225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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