Haney Foundation Trust Dtd 2-21-1930 in Charlotte, North Carolina (NC)

Organization representatives - add corrected or new information about Haney Foundation Trust Dtd 2-21-1930 »

Non-representatives - add comments about Haney Foundation Trust Dtd 2-21-1930»

Haney Foundation Trust Dtd 2-21-1930
Employer Identification Number (EIN)462078386
Name of OrganizationHaney Foundation Trust Dtd 2-21-1930
In Care of NameMac D1114-044
Address1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262
Subsection4947(a)(1) - Private Foundation (Form 990PF Filer)
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusTrust described in section 4947(a)(2) of the IR Code
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$5,735,178
Amount of Income$1,129,096
Form 990 Revenue Amount$6,223,120


Non-representatives - add comments:


CAPTCHA

Your IP address 3.232.129.123 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$352,171$352,171$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$24
Dividends and interest from securities$157,144
Gross rents$0
Gross sales price for all assets$971,928
Gross profit from sales of goods$0
Other income$0
Other$195,003
Total expenses and disbursements$406,453$57,652$0$335,660
Compensation of officers, directors, trustees, etc.$71,915
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$1,000
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$89,772$57,652$18,979
Contributions, gifts, grants paid$316,681
Excess of revenue over expenses and disbursements$-54,282
Net investment income$294,519
Adjusted net income$0
Balance Sheets
20122013
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$5,720,027$6,372,177$5,735,178$6,934,681
Cash - non-interest-bearing$0$-183,690
Investments-U.S. and state government obligations$0$0
Investments-corporate stock$5,091,809$4,144,981
Investments-corporate bonds$0$1,454,273
Investments-mortgage loans$0$0
Investments-other$478,701$0
Other assets$0$0
Total liabilities$0$1
Mortgages and other notes payable$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$5,720,027$5,735,178
Capital Gains and Losses for Tax on Investment Income
20122013
Capital gain net income$213,171$195,003
Net capital loss$0$0
Excise Tax Based on Investment Income
20122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNo
Tax based on investment income$6,569$5,890
Total credits and payments$0$6,572
Current year estimated tax payments and previous year's overpayment credited to current year$0$6,572
Exempt foreign organizations-tax withheld at source$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0
Backup withholding erroneously withheld$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$6,569$0
Overpayment$0$682
Amount to be credited to next year's estimated tax$0$682
Statements Regarding Activities
20122013
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?NoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
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?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
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?NoNo
Did any persons become substantial contributors during the tax year?YesNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
20122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?YesYes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?YesYes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNo
Agree to pay money or property to a government official?NoNo
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?NoNo
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?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNo
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?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNo
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?NoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNo
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?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNo
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)?NoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNo
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?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
20122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$6,384,906$6,822,689
Net value of noncharitable-use assets$6,289,132$6,720,349
Minimum investment return$314,457$336,017
Distributable Amount
20122013
Distributable amount$307,888$330,127
Undistributed Income
20122013
Distributable amount for this year$307,888$330,127
Undistributed income for this year. This amount must be distributed in the next year$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
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$24$0
Dividends and interest from securities$157,144$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
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:
CashNo
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

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Haney Foundation Trust Dtd 2-21-1930 to others? (optional)
  
Add photo of Haney Foundation Trust Dtd 2-21-1930 (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»
Recently Added Reviews
Living Church Of God International Inc in Charlotte, NC
*****
Mission Servants Ministries in Charlotte, NC
Grandmaz Hands in Charlotte, NC
Ties That Bind Us Together Inc in Charlotte, NC
*****
Resourceslinked in Charlotte, NC
****
House Of Grace in Charlotte, NC
Hope For Tomorrows Generation in Charlotte, NC
*
Muslim Women Of The Carolinas in Charlotte, NC
Unity Center For Spiritual Living in Charlotte, NC
*****
Centers For Spiritual Living, Csl Asheville in Asheville, NC
*****
Other organizations in North Carolina
IdNameAddressStateEstablishedTotal Income
1Guilford County Hotel Motel AssociationPo Box 26140, Greensboro, NC 27402NC$0
2Gww Q Bees Inc206 Tonya Drive, Goldsboro, NC 27534NC2013-02$0
3H Sheldonmccrayministries IncPo Box 1245, Greensboro, NC 27402NC$0
4Habitat For Humanity International IncP O Box 267, Elizabeth City, NC 27907NC1987-01$1,009
5Habitat For Humanity International IncPo Box 1272, Kinston, NC 28503NC1987-01$0
6Habitat For Humanity International Inc, Person County Habitat For HumanityPo Box 52, Roxboro, NC 27573NC1987-01$0
7Habitat For Humanity International Inc, University Of North Carolina Wilmington Habitat For Humanity Campus Chapter20 North 4th Street Suite 200, Wilmington, NC 28401NC1987-01$0
8Haiti Tree Project6400 Rockrest Ct, Raleigh, NC 27612NC2015-02$0
9HalifaxPo Box 411, Halifax, NC 27839NC1969-12$0
10Hands Of Hope For Children1612 Beechwood Road, Yadkinville, NC 27055NC$0
11Haney Foundation Trust Dtd 2-21-19301525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262NC$1,129,096
12Happy Oaks Recreation Park IncP O Box 15, Harmony, NC 28634NC1973-09$0
13Harmony Church1487 Hunt Club Ln, Winterville, NC 28590NC1965-04$0
14Harrier Soaring Club Inc2516 Saddleridge Dr, Raleigh, NC 27615NC2001-09$0
15Harrisburg Cruisers2743 Willis Drive, Harrisburg, NC 28075NC2013-09$0
16Hartsell & Hartsell Mutual Burial Assn IncPo Box 7, Albemarle, NC 28002NC1944-02$0
17Harvest Christian Ministries Of Henderson114 Stallings Rd, Durham, NC 27703NC1997-02$0
18Harvest Institute6800 Woodhaven Court, Raleigh, NC 27615-6919NC1998-12$0
19Harvest Outreach Minitry Of Charlotte Nc321 N Davidson St Apt 209, Charlotte, NC 28202-2947NC1970-01$0
20Haw River United Methodist ChurchPO BOX 460, Haw River, NC 27258-0460NC1974-10$0

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Haney Foundation Trust Dtd 2-21-1930 and has no official or unofficial affiliation with Haney Foundation Trust Dtd 2-21-1930