Patrick French Foundation Inc in Cranford, New Jersey (NJ)

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Patrick French Foundation Inc
Employer Identification Number (EIN)223730861
Name of OrganizationPatrick French Foundation Inc
In Care of NameDANIEL ASCHENBACH
Address116 Cranford Ave, Cranford, NJ 07016
SubsectionCharitable Organization
Ruling Date01/2003
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$8,409
Amount of Income$95,784
Form 990 Revenue Amount$95,784
National Taxonomy of Exempt Entities (NTEE)Diseases, Disorders, Medical Disciplines: Diseases, Disorders, Medical Disciplines (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$24,967
Contributions, gifts, grants, and similar amounts received$1,450
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$23,517
Gross income from gaming$0
Gross income from fundraising events$38,415
Less: direct expenses from gaming and fundraising events$14,898
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$28,142
Total net assets$15,004
Deficit for the year$-3,175
Net assets or fund balances at beginning of year$18,179
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$15,004
Total liabilities$0
Net assets or fund balances$15,004
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$163,705
Gifts, grants, contributions, and membership fees received$120,690
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$43,015
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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