Jacob Scholarship Trust in Haviland, 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
| Jacob Scholarship Trust | |
| Employer Identification Number (EIN) | 341605660 |
| Name of Organization | Jacob Scholarship Trust |
| In Care of Name | David Bagley |
| Address | 4915 Us 127, Haviland, OH 45851 |
| Activities | Scholarships (other) |
| Subsection | Educational Organization |
| Ruling Date | 05/1989 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $100,916 |
| Amount of Income | $1,655 |
| Form 990 Revenue Amount | $1,655 |
Non-representatives - add comments:
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 | $1,655 | $1,655 | $1,655 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $1,655 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $3,349 | $59 | $0 | $3,290 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $949 | $59 | $890 | |
| Contributions, gifts, grants paid | $2,400 | |||
| Excess of revenue over expenses and disbursements | $-1,694 | |||
| Net investment income | $1,596 | |||
| Adjusted net income | $1,655 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $100,916 | $100,916 |
| Cash - non-interest-bearing | $3,007 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $97,909 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $100,916 | |
| 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 | $16 |
| Total credits and payments | $28 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $28 |
| 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 | $12 |
| Amount to be credited to 2012 estimated tax | $12 |
| 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? | Yes |
| 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? | Yes |
| 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 | $102,103 |
| Net value of noncharitable-use assets | $100,580 |
| Minimum investment return | $5,029 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| 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 | $1,655 | $2,807 | $2,977 | $5,117 | $12,556 |
| Qualifying distributions made directly for active conduct of exempt activities | $3,190 | $4,180 | $3,080 | $3,835 | $14,285 |
| 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 | $3,353 | $3,389 | $3,412 | $3,411 | $13,565 |
| 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 |
National Spiritualist Association Of Churches, Ashley Spiritualist Camp in Ashley, OH
 |
Osteopathic Heritage Foundation in Columbus, OH
 |
|
Razavi Farsi School Inc in Sylvania, OH
|
|
Madison Summer Baseball League Inc in Mansfield, OH
|
|
Learning Tree Homeschool Group in Pickerington, OH
|
|
Keys Of The Kingdom Ministries International Inc in Orange, OH
|
| Faith Of Tomorrow Church in Painesville, OH |
| Greater Cincinnati Gasoline Dealers Association Inc in Cincinnati, OH |
|
East Muskingum Civic Association in Marietta, OH
|
| Helping Hands Kids Group in Cambridge, OH |
| Other organizations in Ohio | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Jackson Youth Basketball Association | PO BOX 36046, Canton, OH 44735-6046 | OH | 2006-02 | $196,438 |
| 2 | Jackson Youth Football Association Inc | PO BOX 35754, Canton, OH 44735-5754 | OH | 2006-11 | $78,908 |
| 3 | Jackson-Belden Chamber Of Commerce Inc | 5735 Wales Ave Nw, Massillon, OH 44646-9097 | OH | 1995-01 | $438,588 |
| 4 | Jackson-Milton Hot Stove Inc | 4146 S Bailey Rd, North Jackson, OH 44451-8709 | OH | 1996-03 | $53,797 |
| 5 | Jackson-Vinton Community Action Inc | 118 S New York Ave, Wellston, OH 45692-1540 | OH | 1966-03 | $4,157,911 |
| 6 | Jackson-Vinton Farm Bureau Inc | 231 Broadway St, Jackson, OH 45640-1701 | OH | 1956-03 | $67,109 |
| 7 | Jacksonville Fire And Rescue | 10250 S Poplar St, Glouster, OH 45732 | OH | 2014-05 | $0 |
| 8 | Jacob And Clara Faber Community Enrichment And Education Founndati | 1872 Front St, Cuyahoga Fls, OH 44221-3912 | OH | 2002-09 | $2,925,491 |
| 9 | Jacob G Schmidlapp 2 Tr | PO BOX 630858, Cincinnati, OH 45263-0858 | OH | 1970-12 | $3,527,246 |
| 10 | Jacob G Schmidlapp Tr Uw | PO BOX 630858, Cincinnati, OH 45263-0001 | OH | 1973-05 | $52,435,470 |
| 11 | Jacob Scholarship Trust | 4915 Us 127, Haviland, OH 45851 | OH | 1989-05 | $1,655 |
| 12 | Jacobs Ladder | 61 W Second Ave Ste 201, Columbus, OH 43201-3406 | OH | 1996-02 | $2,629 |
| 13 | Jacqueline And Willis Hamilton Foundation | 7261 Engle Rd Ste 202, Cleveland, OH 44130-3479 | OH | 1995-10 | $3,548,854 |
| 14 | Jadetree Foundation Charitable Foundation | 25201 Chagrin Blvd Ste 370, Beachwood, OH 44122-5637 | OH | 1998-02 | $324,135 |
| 15 | Jaf Charitable Foundation Inc | 7290 Greenfarms Dr, Cincinnati, OH 45224-1602 | OH | 1965-12 | $181,727 |
| 16 | Jaffe Charitable Foundation | 29555 Shaker Blvd, Pepper Pike, OH 44124-5032 | OH | 1958-11 | $17,296 |
| 17 | Jah Foundation | 2291 Riverfront Pkwy Ste 1000, Cuyahoga Fls, OH 44221-2584 | OH | 1999-03 | $472,387 |
| 18 | Jaime Mcmanamon Memorial Scholarshi P Fund Inc | 21851 Center Ridge Rd 207, Rocky River, OH 44116 | OH | 2005-03 | $0 |
| 19 | Jain Center Of Central Ohio Inc | 6651 S Old State Rd, Lewis Center, OH 43035-9227 | OH | 1992-05 | $1,193,292 |
| 20 | Jain Center Of Cincinnati And Dayton | 6798 Cincinnati Dayton Rd, Liberty Twp, OH 45044-9337 | OH | 1981-11 | $63,666 |
Organization representatives - add corrected or new information about Jacob Scholarship Trust »
Non-representatives - add comments about Jacob Scholarship Trust»