Beatrice J Goss Educational Testamentary Trust in Grand Rapids, Michigan (MI)

Organization representatives - add corrected or new information about Beatrice J Goss Educational Testamentary Trust »

Non-representatives - add comments about Beatrice J Goss Educational Testamentary Trust»

Beatrice J Goss Educational Testamentary Trust
Employer Identification Number (EIN)356361029
Name of OrganizationBeatrice J Goss Educational Testamentary Trust
In Care of NameFifth Third Bnk Ttee
AddressPO BOX 3636, Grand Rapids, MI 49501-3636
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1982
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$127,016
Amount of Income$90,170
Form 990 Revenue Amount$18,615

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$9,580$9,507$500
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$2
Dividends and interest from securities$3,020
Gross rents$0
Gross sales price for all assets$87,075
Gross profit from sales of goods$0
Other income$73
Total expenses and disbursements$12,508$5,170$0$7,230
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$1,600
Accounting fees$660
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$6,008$5,170$730
Contributions, gifts, grants paid$6,500
Excess of revenue over expenses and disbursements$-2,928
Net investment income$4,337
Adjusted net income$500
Balance Sheets
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$137,106$136,891$132,559$146,513$129,444$146,770$127,016$145,167
Cash - non-interest-bearing$2$174$0$0
Investments-U.S. and state government obligations$0$0$0$0
Investments-corporate stock$0$0$0$0
Investments-corporate bonds$0$0$0$0
Investments-mortgage loans$0$0$0$0
Other assets$0$0$0
Total liabilities$0$0$0$0
Total liabilities and net assets/fund balances$137,106$132,559$129,444$127,016
Capital Gains and Losses for Tax on Investment Income
Capital gain net income$15,119$3,509$5,155$6,485
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$141$35$72$87
Total credits and payments$300$144$36$72
Current year estimated tax payments and previous year's overpayment credited to current year$0$144$36$72
Exempt foreign organizations-tax withheld at source$0$0$0$0
Tax paid with application for extension of time to file (Form 8868)$300$0$0$0
Backup withholding erroneously withheld$0$0$0$0
Any penalty for underpayment of estimated tax$0$0$0$0
Tax due$0$36$15
Amount to be credited to next year's estimated tax$144$36$0$0
Statements Regarding Activities
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?NoNoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNoNo
Did any persons become substantial contributors during the tax year?NoNoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNoNo
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNoNo
Agree to pay money or property to a government official?NoNoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?YesYesYesYes
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)?NoNoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$152,204$141,702$147,657$150,353
Net value of noncharitable-use assets$139,576$145,442$148,098
Minimum investment return$7,496$6,979$7,272$7,405
Distributable Amount
Distributable amount$7,355$6,944$7,200$7,818
Undistributed Income
Distributable amount for this year$7,355$6,944$7,200$7,818
Undistributed income for this year. This amount must be distributed in the next year$0$0$0$0
Private Operating Foundations (for 2011 - 2014)
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
Supplementary Information (for 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$2
Dividends and interest from securities$0$3,020
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Beatrice J Goss Educational Testamentary Trust to others? (optional)
Add photo of Beatrice J Goss Educational Testamentary Trust (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Michigan
IdNameAddressStateEstablishedTotal Income
1Beach Football Club3566 Valley View Drive, Muskegon, MI 49444MI1994-03$0
2Beachwood Recreation Association IncPO BOX 542, Troy, MI 48099-0542MI1979-08$449,634
3Beacon Center103 S Huron St, Cheboygan, MI 49721-1626MI2000-06$129,727
4Beacon Of HopePO BOX 2703, Holland, MI 49422-2703MI2002-10$135,439
5Beacon Of Hope Pregnancy Care CenterPo Box 2118, Bay City, MI 48707-2118MI2001-01$28,655
6Beacon Tree Volunteers55885 Schoenherr Rd, Shelby Township, MI 48315MI2006-06$126,920
7Bear Care GroupPo Box 596366, Fort Gratiot, MI 48059-6366MI2009-07$0
8Bear Hug Foundation Inc139 W Maple Rd Ste F, Birmingham, MI 48009-3328MI2000-03$203,145
9Beatitudes Enterprise IncPO BOX 2519, Detroit, MI 48202-0519MI2004-09$93,690
10Beatrice & Reymont Paul Foundation5912 Shillingham Dr, W Bloomfield, MI 48322-1557MI2004-10$525,297
11Beatrice J Goss Educational Testamentary TrustPO BOX 3636, Grand Rapids, MI 49501-3636MI1982-02$90,170
12Beaumont Csi Senior Housing Inc8425 E Twelve Mile Road, Warren, MI 48093-2744MI1995-12$377,231
13Beaumont Medical Transportation Services Inc28050 Grand River Ave, Farmingtn Hls, MI 48336-5919MI2008-10$5,783,056
14Beaumonts Seven Harbors White And Duck Lake AssociationPO BOX 70, Highland, MI 48357-0070MI1949-02$95,301
15Beautiful Life Source Forever CorpG14101 N Saginaw Rd, Clio, MI 48420MI2014-04$0
16Beaver Island Cultural Arts AssociationPo Box 326, Beaver Island, MI 49782MI2006-11$64,118
17Beaver Island Community Development CorporationPO BOX 447, Beaver Island, MI 49782-0447MI2005-06$39,645
18Beaver Island Historical Society Of MichiganPO BOX 263, Beaver Island, MI 49782-0263MI1960-11$56,732
19The Beaver Island AssociationPo Box 390, Beaver Island, MI 49782MI2003-07$0
20Beaver Island Rural Health CenterPO BOX 146, Beaver Island, MI 49782-0146MI1996-12$502,566 is not associated with, endorsed by, or sponsored by Beatrice J Goss Educational Testamentary Trust and has no official or unofficial affiliation with Beatrice J Goss Educational Testamentary Trust