Samuel And Jean Frankel Foundation in Troy, Michigan (MI)
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 Michigan
| Samuel And Jean Frankel Foundation | |
| Employer Identification Number (EIN) | 386088399 |
| Name of Organization | Samuel And Jean Frankel Foundation |
| Address | 2301 W Big Beaver Rd Ste 900, Troy, MI 48084-3332 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1958 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $50,000,000 to greater |
| Income | $10,000,000 to $49,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $100,918,446 |
| Amount of Income | $45,893,127 |
| Form 990 Revenue Amount | $3,222,579 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $11,104,286 | $4,103,286 | $0 | |
| Contributions, gifts, grants, etc., received | $7,001,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $1,370,008 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $724,430 | |||
| Other | $2,008,848 | |||
| Total expenses and disbursements | $8,722,649 | $307,717 | $0 | $8,398,372 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $324,277 | $307,717 | $0 | |
| Contributions, gifts, grants paid | $8,398,372 | |||
| Excess of revenue over expenses and disbursements | $2,381,637 | |||
| Net investment income | $3,795,569 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $77,723,910 | $87,649,256 |
| Cash - non-interest-bearing | $9,136 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $75,256,037 | |
| Other | $2,458,737 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $77,723,910 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $2,008,848 |
| 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 | $37,956 |
| Total credits and payments | $46,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $24,000 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $22,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $1 |
| Tax due | $0 |
| Overpayment | $8,043 |
| Amount to be credited to 2013 estimated tax | $8,043 |
| 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? | 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 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 | $82,652,876 |
| Net value of noncharitable-use assets | $81,413,080 |
| Minimum investment return | $4,070,654 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,032,698 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,032,698 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | 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 |
Blue Water Pregnancy Care Center in Port Huron, MI
  |
|
Knights Of The Road Motorcycle Club in Detroit, MI
|
| Oakland County Bible Students Inc in Clawson, MI |
Mich Volunteer Legionary Corps Of Artillery in Owosso, MI
 |
|
Ludington Recreation Soccer Board, Ludington Soccer Club in Ludington, MI
|
| Clinton River Ski Club in Boyne City, MI |
|
Rabbit & Small Animal Rescue in Westland, MI
|
|
Prison Legal Services Of Michigan Inc in Jackson, MI
|
|
Special Dreams Farm in New Baltimore, MI
|
|
Believers Community Outreach Center in Macomb Township, MI
|
| Other organizations in Michigan | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Samaritan Center Of West Michigan | 2758 Orange Ave Se, Grand Rapids, MI 49546-6827 | MI | 1994-07 | $136,100 |
| 2 | Samaritan Counseling Center Of Southeastern Michigan | 29887 W 11 Mile Rd, Farmingtn Hls, MI 48336-1309 | MI | 1985-09 | $573,860 |
| 3 | Samaritan Counseling Services | 2890 Carpenter Rd Ste 1600, Ann Arbor, MI 48108-1100 | MI | 1987-11 | $421,582 |
| 4 | Samaritan Foundation | 700 S Park Rd, Benton Harbor, MI 49022-9410 | MI | 1981-11 | $309,534 |
| 5 | Samaritan Homes Inc | 20100 Outer Dr, Dearborn, MI 48124-2647 | MI | 1995-08 | $2,458,576 |
| 6 | Samaritan House | 62324 Van Dyke Rd, Washingtn Twp, MI 48094-1621 | MI | 1996-02 | $584,833 |
| 7 | Samaritan Incorporated | 5555 Conner Ave, Detroit, MI 48213-3448 | MI | 2002-05 | $5,019,130 |
| 8 | Samaritans Carriage | 2301 Chelsea Dr Ne, Grand Rapids, MI 49505-5740 | MI | 2002-05 | $37,703 |
| 9 | Same Inc | 1050 Bay View Rd, Petoskey, MI 49770-9006 | MI | 2007-08 | $305,207 |
| 10 | Sammi Rea Of Hope Inc | 2751 Alpine Ave Nw, Grand Rapids, MI 49544 | MI | 2004-08 | $0 |
| 11 | Samuel And Jean Frankel Foundation | 2301 W Big Beaver Rd Ste 900, Troy, MI 48084-3332 | MI | 1958-05 | $45,893,127 |
| 12 | Samuel Higby Camp Foundation | 245 W Michigan Ave, Jackson, MI 49201-2265 | MI | 1953-04 | $778,036 |
| 13 | Samuel J Hicks Unitrust Ua 010194 | PO BOX 75000, Detroit, MI 48275-7874 | MI | 1997-06 | $1,054,124 |
| 14 | Samuel L Westerman Foundation | 40950 Woodward Ave Ste 306, Bloomfield, MI 48304-5128 | MI | 1971-06 | $188,147 |
| 15 | Samuel N Bemis Scholarship Fund | PO BOX 3636, Grand Rapids, MI 49501-3636 | MI | 1995-10 | $817,768 |
| 16 | Samuel P Katz And Martha L Katz Foundation Inc | 5050 Tootmoor Rd, Bloomfld Hls, MI 48302-2858 | MI | 2000-11 | $7,479 |
| 17 | San Bernardino Senior Housing Inc | 8425 E Twelve Mile Road, Warren, MI 48093-2744 | MI | 2000-03 | $461,953 |
| 18 | San Pablo Foundation Inc | PO BOX 75000, Detroit, MI 48275-0001 | MI | 1998-03 | $326,750 |
| 19 | Sanborn Gratiot Memorial Home | 2732 Cherry St, Port Huron, MI 48060-2916 | MI | 1947-01 | $575,293 |
| 20 | Sand Creek Parent Teachers Organization | 6518 Sand Creek Hwy, Sand Creek, MI 49279-9703 | MI | 2008-12 | $35,410 |
Organization representatives - add corrected or new information about Samuel And Jean Frankel Foundation »
Non-representatives - add comments about Samuel And Jean Frankel Foundation»