Natalie B Petlev Foundation in Moncure, 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
| Natalie B Petlev Foundation | |
| Employer Identification Number (EIN) | 205228843 | 
| Name of Organization | Natalie B Petlev Foundation | 
| In Care of Name | Ronald R Petlev | 
| Address | C/O 4510 Moncure-Pittsboro Rd, Moncure, NC 27559 | 
| Subsection | Charitable Organization, Educational Organization | 
| Ruling Date | 05/2008 | 
| Deductibility | Contributions are deductible | 
| Foundation | Private non-operating foundation | 
| Organization | Corporation | 
| Exempt Organization Status | Unconditional Exemption | 
| Tax Period | 12/2014 | 
| Assets | $1 to $9,999 | 
| Income | $1 to $9,999 | 
| Filing Requirement | 990 - Not required to file (all other) | 
| Asset Amount | $6,968 | 
| Amount of Income | $1 | 
| Form 990 Revenue Amount | $1 | 
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Diseases, Disorders, Medical Disciplines (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 | $1 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1 | |||
| Total expenses and disbursements | $0 | $0 | $0 | $0 | 
| Excess of revenue over expenses and disbursements | $0 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $7,218 | $0 | 
| Cash - non-interest-bearing | $7,218 | |
| 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 | $7,218 | |
| 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 | $0 | 
| Net value of noncharitable-use assets | $0 | 
| Minimum investment return | $0 | 
| Distributable Amount (for 2012) | |
| Distributable amount | $0 | 
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 | 
| 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 North Carolina | |||||
| Id | Name | Address | State | Established | Total Income | 
|---|---|---|---|---|---|
| 1 | News Record Credit Union | PO BOX 20848, Greensboro, NC 27420-0848 | NC | 1969-08 | $159,676 | 
| 2 | Newton B Shingleton Trust, Tuw 5013668911 | 1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262 | NC | 1992-12 | $1,208,605 | 
| 3 | Newton Depot Authority | PO BOX 267, Newton, NC 28658-0267 | NC | 1995-08 | $30,669 | 
| 4 | Newton Flames Foundation Inc | PO BOX 366, Newton, NC 28658-0366 | NC | 1996-07 | $1,979 | 
| 5 | Newton-Conover Auditorium Authority | PO BOX 1354, Newton, NC 28658-1354 | NC | 1991-09 | $273,394 | 
| 6 | Newton-Conover Band Booster Club | PO BOX 23, Newton, NC 28658-0023 | NC | 1973-02 | $71,569 | 
| 7 | Myers Char Tr | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1998-11 | $324,185 | 
| 8 | Myers Memorial Hospital Simple Tr Fbo Rush Cnty Mem Hosp 14097300 | 1 W 4th St 4th Fl Trust Tax Dept, Winston Salem, NC 27101-3818 | NC | 2006-03 | $434,641 | 
| 9 | Nellie C Stewart Charitable Foundation | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1996-03 | $231,753 | 
| 10 | Nelson P Bowsher Fd Irr Tr | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1957-01 | $224,330 | 
| 11 | Natalie B Petlev Foundation | C/O 4510 Moncure-Pittsboro Rd, Moncure, NC 27559 | NC | 2008-05 | $1 | 
| 12 | National Spinning Co Inc Welfare Benefit Trust | 1481 W 2nd St, Washington, NC 27889-4157 | NC | 1990-02 | $4,266,213 | 
| 13 | National Textile Association Inc | 469 Hospital Dr Ste C, Gastonia, NC 28054-4779 | NC | 1954-08 | $396,069 | 
| 14 | Naifa-Midlands Of Sc | 4600 Park Road Suite 303, Charlotte, NC 28209 | NC | 1977-10 | $0 | 
| 15 | National African American Tobacco Prevention Network, Naatpn | 400 W Main St Ste 415, Durham, NC 27701-3233 | NC | 2001-04 | $361,218 | 
| 16 | National Organization Of Coaches Associations Directors Inc | 1101 Westover Ter, Greensboro, NC 27408-8213 | NC | 1992-08 | $74,038 | 
| 17 | Navigator Corporation | 15720 John J Delaney Dr Ste 300, Charlotte, NC 28277-1479 | NC | 1977-06 | $2,590,014 | 
| 18 | Netta Bell Stephenson Watson Trust Fbo Collinsville Cemetery Assn | 1 W 4th St 4th Floor, Winston Salem, NC 27101-3818 | NC | 2003-05 | $47,126 | 
| 19 | National Assn Of Purchasing Management Virginia Inc | 3300 Battleground Ave Suite 215, Greensboro, NC 27410 | NC | 1958-01 | $0 | 
| 20 | National Respiratory Training Center | 8404 Old Deer Trl, Raleigh, NC 27615-5129 | NC | 2002-06 | $2 | 
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