Kvistad Foundation in Shokan, New York (NY)

Organization representatives - add corrected or new information about Kvistad Foundation »

Non-representatives - add comments about Kvistad Foundation»

Kvistad Foundation
Employer Identification Number (EIN)141702791
Name of OrganizationKvistad Foundation
Address167 Dubois Rd, Shokan, NY 12481-5106
ActivitiesOther conservation, environmental or beautification activities
SubsectionCharitable Organization
Ruling Date05/1989
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$168,227
Amount of Income$92,413
Form 990 Revenue Amount$8,884


Non-representatives - add comments:


CAPTCHA

Your IP address 3.238.62.119 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$77,233$2,811$3,883
Contributions, gifts, grants, etc., received$73,530
Interest on savings and temporary cash investments$0
Dividends and interest from securities$2,811
Gross rents$0
Gross sales price for all assets$15,000
Gross profit from sales of goods$0
Other income$1,072
Total expenses and disbursements$84,856$0$533$84,165
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$0
Interest$0
Depreciation$533
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$58,316$0$57,625
Contributions, gifts, grants paid$26,540
Excess of revenue over expenses and disbursements$-7,623
Net investment income$2,811
Adjusted net income$3,350
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$130,913$133,758$175,850$182,345$168,227$178,147
Cash - non-interest-bearing$9,413$17,769$497
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$4,514$4,514$4,514
Investments-corporate bonds$25,395$15,179$0
Investments-mortgage loans$0$0$0
Investments-other$41,578$41,981$44,335
Other assets$26,950$0
Total liabilities$1$1$1
Mortgages and other notes payable$0$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$130,913$175,850$168,227
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$0$0
Net capital loss$0$-216$-180
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$28$36$28
Total credits and payments$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$36$28
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201120122013
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?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?YesYesYes
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$144,111$134,168$162,764
Net value of noncharitable-use assets$132,155$160,323
Minimum investment return$7,097$6,608$8,016
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$3,350$6,608$3,884$2,103$15,945
Qualifying distributions made directly for active conduct of exempt activities$84,165$22,805$33,720$37,949$178,639
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$5,344$4,405$4,731$5,473$19,953
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
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$2,811$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Kvistad Foundation to others? (optional)
  
Add photo of Kvistad Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Leir Foundation Inc in New York, NY
*****
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
*****
Untapped Shores International Inc in Rochester, NY
*****
Stein Senior Center Inc in New York, NY
Romulus Club Inc in Buffalo, NY
****•
Clarendon Historical Society in Clarendon, NY
Grace Fellowship Ministries Inc in Brooklyn, NY
The Bridge Inc in New York, NY
Gateway Youth Outreach Inc in Elmont, NY
*****
Lucis Trust And Arcane School in New York, NY
*****
Other organizations in New York
IdNameAddressStateEstablishedTotal Income
1Kurt Feuerman Foundation, Kurt A Feuerman Ttee1475 Franklin Ave, Garden City, NY 11530-1662NY2007-12$502,283
2Kurt Weill Foundation For Music7 East 20th Street 3rd Flr, New York, NY 10003-1106NY1964-07$13,838,958
3Kurtis & Mary Reed Foundation, Haas William TteeOne Court Square 19th Fl, Long Island City, NY 11120-0001NY1997-07$11,503
4Kurtz Foundation4 Sunset Ln, Pound Ridge, NY 10576-2318NY1966-02$36,175
5Kurz Family Foundation Ltd1 Penn Plz Rm 3000, New York, NY 10119-0032NY1994-04$9,041,093
6Kurz-Kneiger Foundation Inc168 Doughty Blvd, Inwood, NY 11096-2010NY1984-07$7,403
7Kusum Family Foundation Inc255 E 49th St Apt 10d, New York, NY 10017-1530NY2000-11$165,414
8Kuyahoora Community Outreach Inc5511 Walker Rd, Utica, NY 13502-1242NY2005-08$182,447
9Kuyahoora Valley Foundation IncPO BOX 244, Newport, NY 13416-0244NY2003-07$49,262
10Kuyahoora Volunteer Ambulance Corps IncPO BOX 282, Poland, NY 13431-0282NY1975-07$219,315
11Kvistad Foundation167 Dubois Rd, Shokan, NY 12481-5106NY1989-05$92,413
12Kw Charitable Foundation4706 18th Ave, Brooklyn, NY 11204-1356NY1997-04$1,497,144
13Kyle Distasio Memorial Fund169 Floral Blvd, Floral Park, NY 11001-2542NY2009-02$35,113
14Kyle Goldberg Memorial FoundationC/O K Goldberg 14 Hudson Drive, Dobbs Ferry, NY 10522NY2006-03$22,454
15Kyle S Rosen Foundation1056 5th Ave, New York, NY 10028-0112NY1998-02$162,520
16Kyodai Foundation1375 Broadway Fl 18, New York, NY 10018-7032NY1988-04$441,196
17Kyung National University Medical School Alumni Assoc Inc26 Dogwood Hills Rd, Newburgh, NY 12550-2038NY1986-12$93,270
18L & L Foundation48 Lawrence Ave, Lawrence, NY 11559-1436NY1998-02$271,541
19L & L Foundation570 Park Ave, New York, NY 10065-7343NY1964-06$1,796,741
20L & Y Charity Foundation605 4th Ave, Brooklyn, NY 11215-5342NY2008-07$1,300

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Kvistad Foundation and has no official or unofficial affiliation with Kvistad Foundation