Fund Democracy Inc in Oxford, Mississippi (MS)
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 Mississippi
| Fund Democracy Inc | |
| Employer Identification Number (EIN) | 030479526 |
| Name of Organization | Fund Democracy Inc |
| In Care of Name | Mercer Bullard |
| Address | 300 Country Club Rd, Oxford, MS 38655-2608 |
| Subsection | Charitable Organization |
| Ruling Date | 01/2003 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $983 |
| Amount of Income | $50 |
| Form 990 Revenue Amount | $0 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
| 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 | $0 | $0 | $0 | |
| Total expenses and disbursements | $260 | $0 | $0 | $260 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $260 | $0 | $260 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-260 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $983 | $983 |
| Cash - non-interest-bearing | $983 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $983 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| 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 | $1,009 |
| Net value of noncharitable-use assets | $1,000 |
| Minimum investment return | $50 |
| Distributable Amount (for 2012) | |
| Distributable amount | $50 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $50 |
| 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 |
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| Other organizations in Mississippi | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Friends Of Terry | P O Box 307, Terry, MS 39170 | MS | 1998-08 | $28,773 |
| 2 | Friends Of Thacker Mountain Radio Inc | PO BOX 2196, Oxford, MS 38655-7196 | MS | 2008-07 | $98,351 |
| 3 | Friends Of The Animal Shelter In Hancock County | PO BOX 2274, Bay St Louis, MS 39521-2274 | MS | 2002-09 | $89,885 |
| 4 | Friends Of The Jackson Zoo Inc | 2918 W Capitol St, Jackson, MS 39209-4236 | MS | 1980-07 | $221,265 |
| 5 | Friends Of The Seige & Battle Of Corinth Inc | 1009 Jackson St, Corinth, MS 38834-4721 | MS | 1995-02 | $16,305 |
| 6 | Friends Of Vicksburg Military Park And Campaign Inc | 1612 Mission 66, Vicksburg, MS 39180-3706 | MS | 2008-01 | $69,382 |
| 7 | Friendship Cemetery National Memorial Corporation | P O Box 9387, Columbus, MS 39705 | MS | 1999-11 | $1 |
| 8 | Friendship Center Inc | 5701 N Hills St, Meridian, MS 39307-2903 | MS | 1984-08 | $108,810 |
| 9 | Fuller Center For Housing Inc, Greenwood-Leflore Fuller Center For | PO BOX 9306, Greenwood, MS 38930-8906 | MS | 2008-10 | $100,710 |
| 10 | Fun Time Day Care Inc | 6430 Dinkins St, Jackson, MS 39213-2637 | MS | 1989-03 | $255,493 |
| 11 | Fund Democracy Inc | 300 Country Club Rd, Oxford, MS 38655-2608 | MS | 2003-01 | $50 |
| 12 | Future Farmers Of America State Associations & Local Chapter, Mississippi Ffa Assoc | PO BOX 771, Jackson, MS 39205-0771 | MS | 1945-01 | $108,822 |
| 13 | G A Carmichael Family Health Center Inc | PO BOX 588, Canton, MS 39046-0588 | MS | 1975-01 | $8,452,499 |
| 14 | G E L I Inc | PO BOX 7, Amory, MS 38821-0007 | MS | 2007-08 | $1,203,021 |
| 15 | Gabriel Manor Ii Inc | 723 Howard Ave, Biloxi, MS 39530-4305 | MS | 1946-03 | $106,791 |
| 16 | Gabriel Manor Inc | 723 Howard Ave, Biloxi, MS 39530-4305 | MS | 1946-03 | $544,441 |
| 17 | Gail And Ben Cheek Foundation | 1018 Highland Colony Parkway No 600, Ridgeland, MS 39157-2084 | MS | 2007-03 | $214,455 |
| 18 | Gaines Trace Water District Inc | 60019 Clark Cir, Smithville, MS 38870-9755 | MS | 2004-05 | $132,793 |
| 19 | Gaits To Success Inc | PO BOX 150, Kiln, MS 39556-0150 | MS | 1992-05 | $48,507 |
| 20 | Garden Club Of Jackson Inc | 242 Fox Hollow Place, Ridgeland, MS 39157 | MS | 2007-02 | $60,554 |
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