W Morgan Fitzgerald Tr Uw in Wilson, 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
- Organizations performing similar types of work
| W Morgan Fitzgerald Tr Uw | |
| Employer Identification Number (EIN) | 566595221 |
| Name of Organization | W Morgan Fitzgerald Tr Uw |
| In Care of Name | Branch Banking & Trust Company |
| Address | PO BOX 2907, Wilson, NC 27894-2907 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $690,958 |
| Amount of Income | $233,855 |
| Form 990 Revenue Amount | $31,462 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Corporate Foundations |
Non-representatives - add comments:
Amount of income in 2011: $233,855 (it was $318,271 in 2010)
| W Morgan Fitzgerald Tr Uw: | $233,855 |
| Other organizations performing similar types of work: | $107,502 |
Assets in 2011: $690,958 (it was $708,636 in 2010)
| W Morgan Fitzgerald Tr Uw: | $690,958 |
| Other organizations performing similar types of work: | $322,766 |
Expenses in 2011: $49,358
| This organization: | $49,358 |
| Other organizations performing similar types of work: | $58,249 |
Income to expenses ratio in 2011: 4.7
| W Morgan Fitzgerald Tr Uw: | 4.7 |
| Other organizations performing similar types of work: | 2.0 |
Grants share in income in 2011: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 98.7% |
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $31,462 | $31,462 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $24,995 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $6,467 | |||
| Total expenses and disbursements | $49,358 | $11,405 | $0 | $36,812 |
| Compensation of officers, directors, trustees, etc. | $11,405 | |||
| Total operating and administrative expenses | $12,546 | $11,405 | $0 | |
| Contributions, gifts, grants paid | $36,812 | |||
| Excess of revenue over expenses and disbursements | $-17,896 | |||
| Net investment income | $20,057 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $690,958 | $721,327 |
| Cash - non-interest-bearing | $4,048 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $227,387 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $416,852 | |
| Other | $42,671 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $690,958 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $6,467 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $401 |
| Total credits and payments | $652 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $652 |
| 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 |
| Overpayment | $251 |
| Amount to be credited to 2012 estimated tax | $251 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $766,236 |
| Net value of noncharitable-use assets | $754,740 |
| Minimum investment return | $37,737 |
| Distributable Amount (for 2011) | |
| Distributable amount | $37,336 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $37,336 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $37,334 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Michael A Kahn Family Foundation | 13833 Carowinds Blvd, Charlotte, NC 28273-4736 | NC | 2011-01 | $6,797,208 |
| 2 | Summer Rest Foundation, Thornton W Gerald Ttee | PO BOX 1330, Writsvlle Bch, NC 28480-1330 | NC | 1999-03 | $2,257,205 |
| 3 | William And Patricia Straccia Tr | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2002-07 | $762,757 |
| 4 | Renaissancere Risk Sciences Foundation Inc | 3128 Highwoods Blvd Ste 230, Raleigh, NC 27604-1066 | NC | 2011-01 | $650,027 |
| 5 | Troan Foundation Inc | 707 Evanvale Ct, Cary, NC 27518-2806 | NC | 2000-09 | $635,774 |
| 6 | Edward R Fisher Charitable Foundation Inc | 1525 W W T Harris Blvd, Charlotte, NC 28262-8522 | NC | 2013-12 | $531,880 |
| 7 | Word Clarence & Addie Endowment Fd | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | 2012-03 | $469,072 |
| 8 | Walter Mcevilly Tr Uia 1019002579 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2006-01 | $394,803 |
| 9 | Hooper George H Charitable Trust | 1 W 4th St Fl 2, Winston Salem, NC 27101-3818 | NC | 2013-11 | $378,699 |
| 10 | W Morgan Fitzgerald Tr Uw | PO BOX 2907, Wilson, NC 27894-2907 | NC | 2005-04 | $233,855 |
| 11 | South River Emc Community Assistance Corp | PO BOX 931, Dunn, NC 28335-0931 | NC | 2008-12 | $191,065 |
| 12 | Tri-County Electric Foundation Inc | PO BOX 130, Dudley, NC 28333-0130 | NC | 2002-03 | $162,720 |
| 13 | Mckee Group Foundation | 19124 Peninsula Point Dr, Cornelius, NC 28031-7602 | NC | 2011-03 | $139,941 |
| 14 | Windsor Foundation | 104 Ronsard Ln, Cary, NC 27511-6019 | NC | 2001-06 | $135,700 |
| 15 | William Robert Fisher Christmas Fund | PO BOX 37949, Charlotte, NC 28237-7949 | NC | 2005-10 | $61,109 |
| 16 | 5mpower Foundation | 10513 Flennigan Way, Charlotte, NC 28277-1417 | NC | 2012-01 | $52,616 |
| 17 | Wishart Norris Henninger & Pittman Charitable Foundation Inc | 3120 S Church St, Burlington, NC 27215-9114 | NC | 2002-06 | $24,586 |
| 18 | The Jack & Mary Mccall Charitable Foundation | 312 Mount Eden Pl, Cary, NC 27518-5305 | NC | 2006-03 | $10,099 |
| 19 | Taylor Family Foundation Inc | 204 Michelle Ln, Mt Holly, NC 28120-9265 | NC | 2002-03 | $10,000 |
| 20 | Phil Gandy Foundation Inc | 21210 Captiva Ct, Cornelius, NC 28031-6842 | NC | 2002-09 | $1 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about W Morgan Fitzgerald Tr Uw »
Non-representatives - add comments about W Morgan Fitzgerald Tr Uw»