Hilson Fund Inc in Great Neck, New York (NY)
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 New York
| Hilson Fund Inc | |
| Employer Identification Number (EIN) | 136028783 |
| Name of Organization | Hilson Fund Inc |
| In Care of Name | Bruce A Lev Cpa |
| Address | PO BOX 220466, Great Neck, NY 11022-0466 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 12/1948 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2011 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $346,804 |
| Amount of Income | $346,940 |
| Form 990 Revenue Amount | $30,712 |
Non-representatives - add comments:
Revenue 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 | $30,712 | $30,712 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $2,477 | |||
| Dividends and interest from securities | $7,609 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $20,626 | |||
| Total expenses and disbursements | $317,221 | $0 | $0 | $317,221 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $0 | $0 | $0 | |
| Contributions, gifts, grants paid | $317,221 | |||
| Excess of revenue over expenses and disbursements | $-286,509 | |||
| Net investment income | $30,712 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $346,804 | $0 |
| Cash - non-interest-bearing | $33,421 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $236,709 | |
| Investments-corporate bonds | $76,674 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $346,804 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $20,626 |
| 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 | $307 |
| Total credits and payments | $666 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $666 |
| 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 | $359 |
| Amount to be credited to 2012 estimated tax | $359 |
| 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 | $494,429 |
| Net value of noncharitable-use assets | $487,020 |
| Minimum investment return | $24,351 |
| Distributable Amount (for 2011) | |
| Distributable amount | $24,044 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $24,044 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| 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 |
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Hillside Hospital Houses Inc | 972 Brush Hollow Road 5th Fl, Westbury, NY 11590-1740 | NY | 1967-10 | $1,080,885 |
| 2 | Hillside House Of Coeymans Inc | 14 Strathmore Dr, Albany, NY 12211-2023 | NY | 1976-07 | $76,459 |
| 3 | Hillside Islamic Center | 300 Hillside Ave, New Hyde Park, NY 11040-2525 | NY | 2003-06 | $839,899 |
| 4 | Hillside Lake Fire Co 3 Inc | 207 Hillside Lake Rd, Wappingers Fl, NY 12590-6416 | NY | 2014-08 | $211,418 |
| 5 | Hillside Work Scholarship Connection Inc, Cecily J Cronk | 1183 Monroe Ave, Rochester, NY 14620-1662 | NY | 1998-04 | $13,659,949 |
| 6 | Hilltop Childrens Center Inc | 66 West Main Street, Middletown, NY 10940 | NY | 1989-03 | $0 |
| 7 | Hilltop Manor Housing Development Fund Co Inc | 40 Symond Square, Colton, NY 13625-4162 | NY | 1990-12 | $90,019 |
| 8 | Hilltop Swimming Assn Inc | PO BOX 14, Yonkers, NY 10710-0014 | NY | 1961-05 | $208,446 |
| 9 | Hillview Free Library | 3717 Ake Shore Drive, Diamond Point, NY 12824 | NY | 2003-05 | $158,337 |
| 10 | Hilly Kristial Foundation For Musicians And Artists Inc | 111 Brook St Fl 3, Scarsdale, NY 10583-5149 | NY | 2008-07 | $1,117 |
| 11 | Hilson Fund Inc | PO BOX 220466, Great Neck, NY 11022-0466 | NY | 1948-12 | $346,940 |
| 12 | Hilton Fire Department Inc | 120 Old Hojack Ln, Hilton, NY 14468-1100 | NY | 2004-02 | $374,024 |
| 13 | Hilton Local Developmet Corp | 59 Henry Street, Hilton, NY 14468 | NY | 2006-06 | $41,381 |
| 14 | Hilton Music Boosters Inc | PO BOX 144, Hilton, NY 14468-0144 | NY | 1969-10 | $22,219 |
| 15 | Hilton Sno-Flyers Inc | PO BOX 48, Hilton, NY 14468-0048 | NY | 2007-02 | $86,213 |
| 16 | Hilton-Parma Soccer Club Inc | PO BOX 30, Hilton, NY 14468-0030 | NY | 1996-03 | $156,180 |
| 17 | Himalayan Health Initiavie Inc | 23 Manor Way, Poughkeepsie, NY 12603-5315 | NY | 2001-06 | $0 |
| 18 | Himalayan Healthcare Inc | PO BOX 737, New York, NY 10024-0539 | NY | 1992-10 | $308,880 |
| 19 | Himalayan Institute Of Buffalo Inc | 841 Delaware Ave, Buffalo, NY 14209-2007 | NY | 1980-06 | $224,579 |
| 20 | Hinckley Foundation | 17 Saint Joseph Ln, Ithaca, NY 14850-1116 | NY | 1972-06 | $6,726 |
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