Penn Foundation in Brooklyn, New York (NY)
Table of contents:
| Penn Foundation | |
| Employer Identification Number (EIN) | 274856239 |
| Name of Organization | Penn Foundation |
| In Care of Name | Mr M Ralph McCain |
| Address | 70 Pennsylvania Avenue, Brooklyn, NY 11207 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2011 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $450,251 |
| Amount of Income | $96,651 |
| Form 990 Revenue Amount | $96,651 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $96,651 |
| Contributions, gifts, grants, and similar amounts received | $96,651 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $0 |
| Gross profit/loss from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $101,053 |
| Total net assets | $450,251 |
| Excess/Deficit for the year | $-4,402 |
| Net assets or fund balances at beginning of year | $454,653 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $451,251 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $450,251 |
| Total liabilities | $0 |
| Net assets or fund balances | $450,251 |
| Other Information | |
| 2013 | |
|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No |
| Were any significant changes made to the organizing or governing documents? | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Has the organization filed a Form 990-T for the year? | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
| Amount of political expenditures, direct or indirect | $0 |
| Did the organization file Form 1120-POL for this year? | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No |
| Total amount involved | $0 |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
| Reason for Public Charity Status (for 2013) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $174,276 |
| Subtotal | $174,276 |
| Gifts, grants, contributions, and membership fees received | $122,000 |
| 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 | $52,276 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $174,276 |
| Public support | $174,276 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Pembroke Community Church | 692 Main Rd, Corfu, NY 14036-9752 | NY | 1951-05 | $0 |
| 2 | Pencil Pals Inc | 170 Chestnut Ridge Rd, Queensbury, NY 12804 | NY | 2005-01 | $0 |
| 3 | Penelope B Conderman Crut Tr | One Court Square-29th Fl, Long Island City, NY 11120-0001 | NY | $0 | |
| 4 | Penfield Business Association | Po Box 268, Penfield, NY 14526 | NY | 1995-10 | $0 |
| 5 | Peng Charitable Remainder Unitrust 8-4491u8930808 | One Court Square-29th Fl, Long Island City, NY 11120-0001 | NY | $0 | |
| 6 | Penguin Plunge Inc | 150 Hoover St, Blauvelt, NY 10913 | NY | 2009-09 | $0 |
| 7 | Peniel Baptist Church Inc | 1954 38th St, Long Is City, NY 11105-1121 | NY | 1994-12 | $0 |
| 8 | Peniel Haitian Church Of The Christian And Missionary Alliance | 2741 Albemarle Rd, Brooklyn, NY 11226-5042 | NY | 1972-05 | $0 |
| 9 | Peniel Pentecostal Gospel Temple Apostolic Inc | 117 Orange St, Central Islip, NY 11722-4820 | NY | 2001-02 | $0 |
| 10 | Peninsula Public Library Foundation | 280 Central Ave, Lawrence, NY 11559-1526 | NY | 2009-02 | $0 |
| 11 | Penn Foundation | 70 Pennsylvania Avenue, Brooklyn, NY 11207 | NY | 2011-08 | $96,651 |
| 12 | Penn State Alumni Association | 70 Dartford Road, Rochester, NY 14618 | NY | 2001-01 | $0 |
| 13 | Penn State Alumni Association | Po Box 912, Buffalo, NY 14225-0912 | NY | 2001-01 | $0 |
| 14 | Penn Yan Assembly Of God | 210 Main St, Penn Yan, NY 14527-1714 | NY | 1964-08 | $0 |
| 15 | Penn Yan Bible Church | 2015 Kimball Rd, Penn Yan, NY 14527-8702 | NY | 1964-07 | $0 |
| 16 | Penn Yan Chapter 1519 Women Of The Moose, Women Of The Moose Chapter 1519 | 301 East Elm Street, Penn Yan, NY 14527 | NY | 1940-05 | $0 |
| 17 | Penn Yan White Stone Chapel | Brown St Ext Rte 14a, Penn Yan, NY 14527 | NY | 1963-07 | $0 |
| 18 | Penney Charitable Remainder Unitrust, Suzanne Gould Penney Ttee | 55 W 16th St, New York, NY 10011-6305 | NY | $0 | |
| 19 | Pennies From Heaven Of The United States Of America | Po Box 35, Troy, NY 12182 | NY | 2010-12 | $0 |
| 20 | Pennisi Fam Charitable Remainder Tr, Albert F Pennisi Et Al Ttee | 75 Bridge Rd, Manhasset, NY 11030-1545 | NY | $0 | |
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