Everett Schofield Trust in Cleveland, Ohio (OH)
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 Ohio
| Everett Schofield Trust | |
| Employer Identification Number (EIN) | 900515402 |
| Name of Organization | Everett Schofield Trust |
| In Care of Name | National City Bank |
| Address | PO BOX 94651, Cleveland, OH 44101-4651 |
| Subsection | 4947(a)(1) - Private Foundation (Form 990PF Filer) |
| Foundation | All organizations except 501(c)(3) |
| Exempt Organization Status | Trust described in section 4947(a)(2) of the IR Code |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $129,474 |
| Amount of Income | $38,670 |
| Form 990 Revenue Amount | $9,264 |
Non-representatives - add comments:
Revenue for 2011
Expenses 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 | $9,264 | $9,264 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $2,683 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $6,581 | |||
| Total expenses and disbursements | $8,694 | $1,276 | $0 | $7,318 |
| Compensation of officers, directors, trustees, etc. | $2,500 | |||
| Total operating and administrative expenses | $3,326 | $1,276 | $1,950 | |
| Contributions, gifts, grants paid | $5,368 | |||
| Excess of revenue over expenses and disbursements | $570 | |||
| Net investment income | $7,988 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $132,190 | $133,803 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $85,838 | |
| Investments-corporate bonds | $41,732 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $4,620 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $132,190 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $6,581 |
| 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 | $80 |
| Total credits and payments | $173 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $173 |
| 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 | $93 |
| Amount to be credited to 2012 estimated tax | $93 |
| 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? | Yes |
| 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 | $143,447 |
| Net value of noncharitable-use assets | $141,300 |
| Minimum investment return | $7,065 |
| Distributable Amount (for 2011) | |
| Distributable amount | $6,985 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $6,985 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $6,285 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Renee Jones Empowerment Inc in Cleveland, OH
 |
|
Order Of The Eastern Star Of Ohio & Jurisdiction Prince Hall Affiliati, Bethel Chapter # 58 in Cleveland, OH
|
William E Sanders Fam Life Center Inc in Cleveland, OH
 |
| Joint Iron Workers Apprenticeship in Cleveland, OH |
|
Hand 2 Hand Inc in Cleveland, OH
|
|
Believers Achieve Dreams, Ringfield James A Owner in Cleveland, OH
|
| City Of Clevelands Cable Television Minority Arts & Education Fund in Cleveland, OH |
|
National Spiritualist Association Of Churches, Ashley Spiritualist Camp in Ashley, OH
|
Osteopathic Heritage Foundation in Columbus, OH
 |
|
Razavi Farsi School Inc in Sylvania, OH
|
| Other organizations in Ohio | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Evangelistic Outreach Inc | 299 Ohio Ave, New Boston, OH 45662-4928 | OH | 1975-01 | $1,251,930 |
| 2 | Evanston Community Council | Po Box12128, Cincinnati, OH 45212 | OH | 1994-09 | $22,210 |
| 3 | Eve Incorporated | PO BOX 122, Marietta, OH 45750-0122 | OH | 1980-04 | $480,321 |
| 4 | Evely Jorden Fund | 4425 Millikin Rd, Liberty Twp, OH 45011-2388 | OH | 2008-11 | $9,510 |
| 5 | Evelyn & Albert Mackey Scholarship Trust 105430-00 | 106 S Main St Ste 1600, Akron, OH 44308-1418 | OH | 2005-12 | $59,260 |
| 6 | Evelyn E Walter Foundation | 116 S Main St, Marion, OH 43302-3702 | OH | $534,679 | |
| 7 | Evelyn G And Charles L Burgoynefoundation | PO BOX 1118, Cincinnati, OH 45201-1118 | OH | 2007-08 | $268,594 |
| 8 | Evelyn Mary Tovey Tr | 106 S Main St Fl 16, Akron, OH 44308-1412 | OH | 2007-11 | $60,999 |
| 9 | Evelyn W Dunn Charitable Tr, Kiely John P Ttee | 600 Vine Street, Cincinnati, OH 45202-2400 | OH | 1994-12 | $357,571 |
| 10 | Evenor Armington Fund | PO BOX 1558, Columbus, OH 43216-1558 | OH | 1955-02 | $1,191,850 |
| 11 | Everett Schofield Trust | PO BOX 94651, Cleveland, OH 44101-4651 | OH | $38,670 | |
| 12 | Evergreen Cemetery Assn | 401 N Miami Ave, W Carrollton, OH 45449-1144 | OH | $103,163 | |
| 13 | Evergreen Memorial Park Association | 230 Park Pl, Chagrin Falls, OH 44022-4456 | OH | 1998-01 | $1,212,361 |
| 14 | Evergreen Village Of New Concord, Evergreen Village Apartments | 201 Lakeside Drive, New Concord, OH 43762-1161 | OH | 1972-06 | $272,855 |
| 15 | Evergreen Youth Association | 453 E Main St, Metamora, OH 43540-9753 | OH | 2003-06 | $28,124 |
| 16 | Everhart Animal Protection Fund | 4900 Tiedeman Rd Oh 01 49 0150, Brooklyn, OH 44144 | OH | 1998-11 | $48,515 |
| 17 | Everson Museum Foundation | 4900 Tiedeman Rd, Brooklyn, OH 44144-2338 | OH | 1980-05 | $1,741,512 |
| 18 | Every Child Succeeds | 3333 Burnet Ave, Cincinnati, OH 45229-3026 | OH | 1999-05 | $7,244,711 |
| 19 | Every Parents Library | 10921 Reed Hartman Hwy, Cincinnati, OH 45242-2830 | OH | 2001-10 | $3,245 |
| 20 | Everybody Rides Metro | 602 Main St Ste 1100, Cincinnati, OH 45202-2549 | OH | 2006-08 | $683,818 |
Organization representatives - add corrected or new information about Everett Schofield Trust »
Non-representatives - add comments about Everett Schofield Trust»