Gwyn Family Foundation Inc in Winstonsalem, North Carolina (NC)
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 North Carolina
| Gwyn Family Foundation Inc | |
| Employer Identification Number (EIN) | 562014836 |
| Name of Organization | Gwyn Family Foundation Inc |
| In Care of Name | W B Gwyn |
| Address | 427 Plymouth Ave, Winstonsalem, NC 27104-4023 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $3,924 |
| Amount of Income | $54,509 |
| Form 990 Revenue Amount | $319 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Expenses 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 | $-81,255 | $180 | $0 | |
| Contributions, gifts, grants, etc., received | $2,489 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $180 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $48,391 | $0 | $0 | $47,329 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,062 | $0 | $0 | |
| Contributions, gifts, grants paid | $47,329 | |||
| Excess of revenue over expenses and disbursements | $-129,646 | |||
| Net investment income | $180 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $3,924 | $3,924 |
| Cash - non-interest-bearing | $3,924 | |
| 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 | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $3,924 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-83,924 |
| 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 | $2 |
| Total credits and payments | $2 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $2 |
| Backup withholding erroneously withheld | $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 | $46,994 |
| Net value of noncharitable-use assets | $46,280 |
| Minimum investment return | $2,314 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,312 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,312 |
| 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 |
Centers For Spiritual Living, Csl Asheville in Asheville, NC
 |
| Kyle Busch Foundation in Mooresville, NC |
|
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
| Colonial Capital Humane Society in New Bern, NC |
|
Living Church Of God International Inc in Charlotte, NC
|
Greensboro Cheetahs in Greensboro, NC
 |
|
Life Changing International Church Inc in High Point, NC
|
| Mission Servants Ministries in Charlotte, NC |
|
Bikers For Christ Sandhills Chapter in Dunn, NC
|
|
Harrisburg Cruisers in Harrisburg, NC
|
| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Gumberry High Old School Club | PO BOX 562, Jackson, NC 27845-0562 | NC | 2006-11 | $19,029 |
| 2 | Gumtree Fire & Rescue Inc | 2466 Gumtree Rd, Winston Salem, NC 27107-9325 | NC | 1977-05 | $266,595 |
| 3 | Gungor Solmaz Foundation | PO BOX 1920, Denver, NC 28037-2017 | NC | 1998-10 | $2 |
| 4 | Gusc Inc | 3434 S New Hope Rd, Gastonia, NC 28056 | NC | 2008-09 | $218,462 |
| 5 | Gussie Burney Tr Uw Fbo Mem Hosp 06837 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2006-05 | $226,721 |
| 6 | Guy B Phillips Middle School Booster Club Inc | Po Box 9481, Chapel Hill, NC 27515-9481 | NC | 2008-09 | $0 |
| 7 | Guy C Lee Benefit Plan Tr, Stephenson Thomas A Ttee | PO BOX 150, Smithfield, NC 27577-0150 | NC | 1991-12 | $1,635,818 |
| 8 | Guy L Moser Scholarship Fund, National Central Bank Co-Tr | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2006-01 | $195,098 |
| 9 | Gwendolyn Halsy-Albertson Private Foundation Tr, Erwin John S Etal Ttee | 103 Ivey Ln, Flat Rock, NC 28731-9569 | NC | 2003-08 | $305,603 |
| 10 | Gwenis I Kline Foundation | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2009-01 | $1,326,926 |
| 11 | Gwyn Family Foundation Inc | 427 Plymouth Ave, Winstonsalem, NC 27104-4023 | NC | 1998-06 | $54,509 |
| 12 | Gypsy Moth Slow The Spread Foundation Inc | PO BOX 58220, Raleigh, NC 27658-8220 | NC | 2000-10 | $4,901,568 |
| 13 | H & E Smith Charitable Trust, Fbo Elizabeth Methodist Church Etal | PO BOX 29522, Raleigh, NC 27626-0522 | NC | 1993-04 | $157 |
| 14 | H C And Annie Call Sprinkle Memorial Fund | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1970-09 | $90,378 |
| 15 | H C Naylor Scholarship Foundation Fund | 101 S Tryon St, Charlotte, NC 28255-0001 | NC | 1963-09 | $8,406 |
| 16 | H Clay And Wavie M Presnell Foundation | PO BOX 234, Randleman, NC 27317-0234 | NC | 2005-06 | $240,309 |
| 17 | H E L P Center Inc | 1700 Secrest Shortcut Rd, Monroe, NC 28110-2454 | NC | 1994-06 | $281,721 |
| 18 | H E L P S One One Inc | 950 Wendover Height Dr, Shelby, NC 28150-3564 | NC | 2003-10 | $13,205 |
| 19 | H English And Ermine Carter Robinson Foumdation | 1525 W W T Harris Blvd, Charlotte, NC 28262-8522 | NC | 1992-10 | $929,482 |
| 20 | H Ezerman Foundation 4947 Ir Tua 1519177050 | 1525 W Wt Harris Blvd, Charlotte, NC 28288-0001 | NC | $68,953 | |
Organization representatives - add corrected or new information about Gwyn Family Foundation Inc »
Non-representatives - add comments about Gwyn Family Foundation Inc»