Smits Foundation in Los Angeles, California (CA)
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 California
| Smits Foundation | |
| Employer Identification Number (EIN) | 956029665 |
| Name of Organization | Smits Foundation |
| Address | 11337 Farlin St, Los Angeles, CA 90049-3013 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 04/1962 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $3,776 |
| Amount of Income | $309 |
| Form 990 Revenue Amount | $309 |
Non-representatives - add comments:
Expenses 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 | $309 | $309 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $309 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $46,480 | $650 | $0 | $45,650 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,480 | $650 | $650 | |
| Contributions, gifts, grants paid | $45,000 | |||
| Excess of revenue over expenses and disbursements | $-46,171 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $3,776 | $3,776 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $3,776 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $3,776 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| 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? | Yes |
| 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 | $26,862 |
| Net value of noncharitable-use assets | $26,460 |
| Minimum investment return | $1,323 |
| Distributable Amount (for 2011) | |
| Distributable amount | $1,323 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $1,323 |
| 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 California | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Society Of Government Service Urologists V A Hospital-112b | 1950 Old Tustin Ave, Santa Ana, CA 92705-7812 | CA | 1972-11 | $149,349 |
| 2 | Sojourn Services For Battered Women And Their Children Tr 02-00771 | 1888 Century Park East 2nd Floor, Los Angeles, CA 90067-1702 | CA | 2003-09 | $1,559,941 |
| 3 | Son Catchers Christian Ministry | 2828 Cochran St Unit 199, Simi Valley, CA 93065 | CA | 2001-01 | $56,711 |
| 4 | Sigma Chi Fraternity, Beta Rho Chapter Mt State Univ | 6651 Leyland Park Dr, San Jose, CA 95120-4637 | CA | 1960-10 | $165,920 |
| 5 | Snipe Class International Racing Association Usa | 2812 Canon St, San Diego, CA 92106-2742 | CA | 2006-06 | $92,768 |
| 6 | Shrm - Morris County Chapter Inc | 1237 Capuchino Ave Apt 11, Burlingame, CA 94010-3470 | CA | 2003-02 | $61,701 |
| 7 | Society Of Municipal Analysts Inc | 2100 Pacific Avenue, San Francisco, CA 94115 | CA | 2006-01 | $53,031 |
| 8 | Southern California Glass Management Assoc | 5677 Horton St, Emeryville, CA 94608-2515 | CA | 1959-09 | $172,313 |
| 9 | Sid Barry Foundation Inc | PO BOX 681, Sn Jun Batsta, CA 95045-0681 | CA | 1959-01 | $46,544 |
| 10 | Silk Rd Theatre Company Inc | 1901 Avenue Of The Stars Ste 200, Los Angeles, CA 90067-6015 | CA | 1996-03 | $445 |
| 11 | Smits Foundation | 11337 Farlin St, Los Angeles, CA 90049-3013 | CA | 1962-04 | $309 |
| 12 | Sia Educational Foundation | 3131 52nd Avenue, Sacramento, CA 95823 | CA | 1992-09 | $3,457 |
| 13 | Socha-Cardillo Fam Foundation Tr, Socha Michael S Ttee | 9831 Cardigan Pl, Beverly Hills, CA 90210-1002 | CA | 2001-06 | $247,654 |
| 14 | Southwind Ministries Inc Co Pastor Steggall | 279 Sunrise Terrace, Arroyo Grande, CA 93420 | CA | 2001-05 | $25,031 |
| 15 | Soft Coated Wheaten Terrier Club Of America | 565 Cringle Dr, Redwood City, CA 94065-1154 | CA | 1980-07 | $100,932 |
| 16 | Seed International Inc | 14545 Valley View Ave Ste A, Santa Fe Spgs, CA 90670-5229 | CA | 1991-03 | $3,114,663 |
| 17 | Seton Education Partners | 7765 Orien Ave, La Mesa, CA 91941-6210 | CA | 2009-01 | $1,074,658 |
| 18 | The Robert Sydney Johnson & Sharon Lee Johnson Foundation | 54 San Fernando, Rancho Mirage, CA 92270-1960 | CA | 2001-11 | $23,326 |
| 19 | Spero Foundation | PO BOX 1295, Sierra Madre, CA 91025-4295 | CA | 2009-01 | $63,643 |
| 20 | Spff Foundation | P O Box 8403, Van Nuys, CA 91409 | CA | 2003-05 | $37,272 |
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