Spx Foundation in Charlotte, 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
| Spx Foundation | |
| Employer Identification Number (EIN) | 386058308 |
| Name of Organization | Spx Foundation |
| Address | 13320 Ballantyne Corporate Pl, Charlotte, NC 28277-3607 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 09/1956 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $36,414 |
| Amount of Income | $655,000 |
| Form 990 Revenue Amount | $430,000 |
Non-representatives - add comments:
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 | $655,000 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $655,000 | |||
| 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 | |||
| Total expenses and disbursements | $699,824 | $3,706 | $0 | $696,118 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $45,740 | $3,706 | $42,034 | |
| Contributions, gifts, grants paid | $654,084 | |||
| Excess of revenue over expenses and disbursements | $-44,824 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $36,414 | $36,414 |
| Cash - non-interest-bearing | $35,615 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $799 | |
| Total liabilities | $2,117 | |
| Mortgages and other notes payable | $0 | |
| Other | $2,117 | |
| Total liabilities and net assets/fund balances | $34,297 | |
| 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 | $799 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $799 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $799 |
| Amount to be credited to 2013 estimated tax | $799 |
| 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? | Yes |
| 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 | $197,325 |
| Net value of noncharitable-use assets | $194,360 |
| Minimum investment return | $9,718 |
| Distributable Amount (for 2012) | |
| Distributable amount | $9,718 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $9,718 |
| 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 | Spring Creek Volunteer Fire Department Inc | 13131 Nc Hwy 209, Hot Springs, NC 28743 | NC | 2000-08 | $75,318 |
| 2 | Spring Green Preservation Fund Inc | Po Box 293, Wendell, NC 27591 | NC | 1999-09 | $1,808 |
| 3 | Spring Hill Cemetery Perpetual Care Fund | PO BOX 2907, Wilson, NC 27894-2907 | NC | 1957-08 | $47,385 |
| 4 | Spring Hope Fire Department Tar River Fire District Inc | PO BOX 806, Spring Hope, NC 27882-0806 | NC | 1987-06 | $280,314 |
| 5 | Springdale Area Recreation Club | 13200 Stickland Rd Ste 114-103, Raleigh, NC 27613 | NC | 1977-05 | $293,955 |
| 6 | Springdale Housing Inc | PO BOX 1254, Dunn, NC 28335-1254 | NC | 1993-03 | $148,949 |
| 7 | Springdale Housing Phase Ii Inc | PO BOX 1254, Dunn, NC 28335-1254 | NC | 1996-05 | $127,760 |
| 8 | Sprint Rising Inc | 1 Science Of Mind Way, Asheville, NC 28806-1444 | NC | 1992-03 | $86,787 |
| 9 | Spruce Pine Lodge No 1159 Loyal Order Of Moose, 1159 | PO BOX 456, Spruce Pine, NC 28777-0456 | NC | 1935-08 | $84,713 |
| 10 | Spruce Pine Montessori School Inc | 67 Walnut Ave, Spruce Pine, NC 28777-2971 | NC | 1980-02 | $360,039 |
| 11 | Spx Foundation | 13320 Ballantyne Corporate Pl, Charlotte, NC 28277-3607 | NC | 1956-09 | $655,000 |
| 12 | Sri Shirdi Saibaba Mandir Of North Carolina | 1150 Sw Maynard Rd, Cary, NC 27513-5721 | NC | 2011-02 | $353,070 |
| 13 | St Andrews Presbyterian College | 1700 Dogwood Mile St, Laurinburg, NC 28352-5521 | NC | 1959-02 | $22,477,253 |
| 14 | St Andrews Society Of North Carolina Inc | PO BOX 3, Southern Pnes, NC 28388-0003 | NC | 1974-06 | $113,425 |
| 15 | St Anthony Association Incorporated | PO BOX 1271, Chapel Hill, NC 27514-1271 | NC | 1993-01 | $49,801 |
| 16 | St Francis Monastery Tr Uw 2513547180 | 1 W 4th St D4000-041, Winston Salem, NC 27101-3818 | NC | $186,187 | |
| 17 | St Francis Springs Prayer Center Inc | 477 Grogan Rd, Stoneville, NC 27048-8611 | NC | 2003-06 | $937,057 |
| 18 | St James Church Bristol Pa 25090-0-8 T/D Nect | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1970-12 | $107,108 |
| 19 | St James Community Events Committee Inc | 4140 Spt Sply Rd Se, Saint James, NC 28461-8880 | NC | 2010-08 | $0 |
| 20 | St James Fire Department Inc | 3628 St James Dr Se, St James, NC 28461-8598 | NC | 1998-12 | $425,522 |
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