The Francis Asbury Palmer Fund in New York, New York (NY)

Table of contents:

Organization representatives - add corrected or new information about The Francis Asbury Palmer Fund »

Non-representatives - add comments about The Francis Asbury Palmer Fund»

The Francis Asbury Palmer Fund
Employer Identification Number (EIN)136400635
Name of OrganizationThe Francis Asbury Palmer Fund
In Care of NameTax Dept United States Trust Co
Address598 Madison Avenue, New York, NY 10022-1610
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date04/1938
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$4,373,929
Amount of Income$1,907,437
Form 990 Revenue Amount$142,732


Non-representatives - add comments:


CAPTCHA

Your IP address 50.17.176.149 will be logged.

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$142,732$142,732$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$102,654
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Other$40,078
Total expenses and disbursements$411,616$45,436$0$366,180
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$56,616$45,436$11,180
Contributions, gifts, grants paid$355,000
Excess of revenue over expenses and disbursements$-268,884
Net investment income$97,296
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$4,624,216$5,253,576
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$2,814,998
Investments-corporate bonds$1,174,791
Investments-mortgage loans$0
Investments-other$0
Other$634,427
Total liabilities$1
Mortgages and other notes payable$0
Other$1
Total liabilities and net assets/fund balances$4,624,216
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$40,078
Net capital loss$0
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$973
Total credits and payments$6,634
2012 estimated tax payments and 2011 overpayment credited to 2012$6,634
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$5,661
Amount to be credited to 2013 estimated tax$5,661
Statements Regarding Activities (for 2012)
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 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
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 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?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 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$5,037,894
Net value of noncharitable-use assets$4,962,320
Minimum investment return$248,116
Distributable Amount (for 2012)
Distributable amount$247,143
Undistributed Income (for 2012)
Distributable amount for 2012$247,143
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
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
Other organizations in New York
IdNameAddressStateEstablishedTotal Income
1The Fisherman Sport Fishing Fund Inc14 Ramsey Rd, Shirley, NY 11967-4704NY1988-09$18,861
2The Five Borough Bicycle Club Inc, Five Borough Bicycle Club244 Fifth Ave Ste 200, New York, NY 10001-7604NY2004-11$87,150
3The Flax Trust320 Park Ave Fl 34, New York, NY 10022-6815NY1985-06$63,464
4The Floyd And Barbara Warkol Charitable Foundation5 Renaissance Square, White Plains, NY 10601-3042NY1991-11$304,995
5The Food Bank For Westchester Inc200 Clearbrook Rd, Elmsford, NY 10523-1314NY1990-01$11,979,890
6The Fort Hudson Foundation Corporation319 Broadway, Fort Edward, NY 12828-1221NY1996-02$87,545
7The Foundation For Aids Research, Aids Research Foundation Amfar120 Wall St Fl 13, New York, NY 10005-3908NY1983-08$44,785,693
8The Foundation For The Jewish Historical Museum In Amsterdam Inc44 South Bayles Avenue, Port Washington, NY 11050-3767NY1986-05$179,500
9The Foundation For The National Performing Arts Centre Of Indiainc2093 Bellmore Ave, Bellmore, NY 11710-5646NY1980-11$1
10The Foundation For Worker Veteran And Environmental Health Inc117 Saint Johns Pl, Brooklyn, NY 11217-3401NY1986-12$45,964
11The Foundation Of Jewish Unity1763 E 10th St, Brooklyn, NY 11223-2330NY2005-07$205,000
12The Foundation Of The Rotary Club Of White Plains New YorkOconnor Davies Llp 500 Mamaroneck, Harrison, NY 10528NY1989-12$609,141
13The Four Town Community Center IncPO BOX 91, Ovid, NY 14521-0091NY1992-12$35,988
14The Frances Alexander Foundation1177 Avenue Of The Americas Fl 18, New York, NY 10036-2714NY1992-11$8,930
15The Frances C Knight Charitable Foundation507 Plum St, Syracuse, NY 13204-5400NY$8,074
16The Francis Asbury Palmer Fund598 Madison Avenue, New York, NY 10022-1610NY1938-04$1,907,437
17The Frank Collins Caddie Scholarship TrustPO BOX 5110, East Hampton, NY 11937-6141NY1990-06$43,443
18The Frank Dimino Family Trust290 Linden Oaks, Rochester, NY 14625-2819NY1989-10$5,355,569
19The Frank G Raichle Foundation88 Middlesex Rd, Buffalo, NY 14216-3618NY1983-10$58,309
20The Franklin Square Historical SocietyPO BOX 45, Franklin Sq, NY 11010-0045NY1998-03$73,276
21The Freddie Institute Inc19 Dove St Ste 201, Albany, NY 12210-1349NY2007-03$5
22The Fried Foundation20 Sutton Pl S, New York, NY 10022-4165NY1949-09$25,297
23The Friends Of Muscoot Inc51 Route 100, Katonah, NY 10536-3318NY1981-01$86,116
24The Friends Of Pruyn House207 Old Niskayuna Rd, Newtonville, NY 12110-4936NY1984-04$116,942
25The Friends Of The Gloversville Public Library Inc58 E Fulton St, Gloversville, NY 12078-3213NY1976-12$49,724
26The Friends Of Thirteen Inc825 8th Ave Fl 14, New York, NY 10019-7416NY1988-07$298,085
27The Friends Of@roy Wilkins Park IncPO BOX 341042, Rochdale Vill, NY 11434-7042NY2005-05$21,613
28The Frontenac Historical Society And MuseumPO BOX 338, Union Springs, NY 13160-0338NY1996-05$47,921
29The Fulton Foundation For AutismPO BOX 3, Huntington, NY 11743-0003NY2006-11$10,320
30The Fund For Public Advocacy Inc1 Centre St 15th Floor, New York, NY 10007-1602NY2002-10$474,919

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Francis Asbury Palmer Fund and has no official or unofficial affiliation with The Francis Asbury Palmer Fund