Tharpe Foundation Inc in Atlanta, Georgia (GA)
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 Georgia
| Tharpe Foundation Inc | |
| Employer Identification Number (EIN) | 581858404 |
| Name of Organization | Tharpe Foundation Inc |
| In Care of Name | First National Bank Of Atlanta |
| Address | 3796 Apsley Ct Se, Atlanta, GA 30339-4246 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 12/1989 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $499,878 |
| Amount of Income | $554,066 |
| Form 990 Revenue Amount | $87,024 |
Non-representatives - add comments:
Revenue for 2012
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 | $24,396 | $13,679 | $12,719 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $12,719 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $11,677 | |||
| Total expenses and disbursements | $48,496 | $0 | $0 | $25,703 |
| Compensation of officers, directors, trustees, etc. | $4,582 | |||
| Total operating and administrative expenses | $22,793 | $0 | $0 | |
| Contributions, gifts, grants paid | $25,703 | |||
| Excess of revenue over expenses and disbursements | $-24,100 | |||
| Net investment income | $13,679 | |||
| Adjusted net income | $12,719 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $499,878 | $513,238 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $487,063 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $12,815 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $499,878 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $11,677 |
| 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 | $274 |
| Total credits and payments | $42 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $42 |
| 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 | $232 |
| 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 | $513,237 |
| Net value of noncharitable-use assets | $505,540 |
| Minimum investment return | $25,277 |
| Distributable Amount (for 2012) | |
| Distributable amount | $25,003 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $25,003 |
| 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 Georgia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | United Way Of South Central Georgia Inc | PO BOX 557, Tifton, GA 31793-0557 | GA | 1965-03 | $239,123 |
| 2 | United Way Of West Georgia Inc | PO BOX 532, Lagrange, GA 30241-0009 | GA | 1953-07 | $1,533,663 |
| 3 | United Youth Adult Conference 2 Inc | 1820 Lake Cove Dr Sw, Atlanta, GA 30331-6340 | GA | 1998-12 | $27,500 |
| 4 | Uniting Communities In Georgia Inc, Unico | 1300 Oakside Dr Ste 2, Canton, GA 30114-2473 | GA | 2009-12 | $45,431 |
| 5 | Strategy Research Foundation Inc | PO BOX 4014, Atlanta, GA 30302-4014 | GA | 1999-03 | $127,899 |
| 6 | Southerners On New Ground, Song | 250 Georgia Ave Se Ste 315, Atlanta, GA 30312-3000 | GA | 1999-05 | $654,435 |
| 7 | United States Armor Association | 3100 Gentian Blvd 178, Columbus, GA 31907-5636 | GA | 1960-08 | $304,778 |
| 8 | Truth Fund I Inc | 2500 Northwinds Pkwy Ste 275, Alpharetta, GA 30009-2265 | GA | 2002-06 | $66,643 |
| 9 | The J C Light Of The World International Mission Inc, Dba Yucatan Mission | 1584 Highland Bluff Ct, Suwanee, GA 30024-3670 | GA | 2000-11 | $72,850 |
| 10 | Total Lifestyle Change Inc | 4751 Best Rd Ste 400, College Park, GA 30337-5600 | GA | 2001-12 | $188,427 |
| 11 | Tharpe Foundation Inc | 3796 Apsley Ct Se, Atlanta, GA 30339-4246 | GA | 1989-12 | $554,066 |
| 12 | South Carolina State University National Alumni Association | 4536 W Village Ct Se, Smyrna, GA 30080-9310 | GA | 2001-10 | $132,561 |
| 13 | Tasty Baking Foundation | 1919 Flowers Cir, Thomasville, GA 31757-1137 | GA | 1958-02 | $1 |
| 14 | The Support Fund For The Southern Institute On Children And Families | 90 Glenda Trce Ste F, Newnan, GA 30265-3868 | GA | 2003-06 | $0 |
| 15 | Soul Charitable Foundation | 1413 Chattanooga Ave, Dalton, GA 30720-2631 | GA | 2011-01 | $16,409 |
| 16 | The Minter Family Foundation Inc, Cheney Bryan Ttee | 3330 Cumberland Blvd Se Ste 900, Atlanta, GA 30339-5998 | GA | 2004-09 | $147,946 |
| 17 | The Conboy-Duke Foundation | 400 Galleria Pkwy Se Ste 1050, Atlanta, GA 30339-5934 | GA | 1987-09 | $139,286 |
| 18 | Victory Through Christ Evangelistic Association | 2451 Cumberland Pkwy Ste 3268, Atlanta, GA 30339 | GA | 1964-08 | $19,750 |
| 19 | Vonnie Holliday Foundation Inc | 1060 Canter Rd Ne, Atlanta, GA 30324-2503 | GA | 2009-05 | $2,975 |
| 20 | Warrick Dunn Charities Inc | 3223 Howell Mill Rd Nw, Atlanta, GA 30327-4105 | GA | 2003-05 | $728,352 |
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