Kathryn And Vishnoo Shahani Charitable Trust in Cincinnati, Ohio (OH)

Organization representatives - add corrected or new information about Kathryn And Vishnoo Shahani Charitable Trust »

Non-representatives - add comments about Kathryn And Vishnoo Shahani Charitable Trust»

Kathryn And Vishnoo Shahani Charitable Trust
Employer Identification Number (EIN)341486562
Name of OrganizationKathryn And Vishnoo Shahani Charitable Trust
Address4520 Cooper Rd Ste 203, Cincinnati, OH 45242-5687
SubsectionCharitable Organization
Ruling Date05/1998
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period11/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1,111,030
Amount of Income$771,348
Form 990 Revenue Amount$369,699


Non-representatives - add comments:


CAPTCHA

Your IP address 3.215.183.194 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$782,058$43,658$43,658
Contributions, gifts, grants, etc., received$738,400
Interest on savings and temporary cash investments$733
Dividends and interest from securities$32,215
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Other$10,710
Total expenses and disbursements$100,806$3,996$3,996$100,806
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$600
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$3,996$3,996$3,996
Contributions, gifts, grants paid$96,810
Excess of revenue over expenses and disbursements$681,252
Net investment income$39,662
Adjusted net income$39,662
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$472,668$478,732$429,777$452,800$1,111,030$1,291,035
Cash - non-interest-bearing$0$0$9,659
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$388,190$257,500$786,004
Investments-corporate bonds$0$0$103,639
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0
Total liabilities$0$0$0
Total liabilities and net assets/fund balances$472,668$429,777$1,111,030
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$20,325$10,710
Net capital loss$-8,391$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$43$280$397
Total credits and payments$60$200$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$80$397
Overpayment$0$0
Amount to be credited to next year's estimated tax$60$0$0
Statements Regarding Activities
201120122013
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?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?NoYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$182,485$363,385$1,142,838
Net value of noncharitable-use assets$368,836$1,125,695
Minimum investment return$8,987$18,442$56,285
Distributable Amount
201120122013
Distributable amount$8,987$18,162$55,888
Undistributed Income
201120122013
Distributable amount for this year$8,987$18,162$55,888
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$733$0
Dividends and interest from securities$32,215$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Kathryn And Vishnoo Shahani Charitable Trust to others? (optional)
  
Add photo of Kathryn And Vishnoo Shahani Charitable Trust (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Ohio
IdNameAddressStateEstablishedTotal Income
1Kate J Anthony Trust Fbo Feeble Minded4900 Tiedeman Rd, Brooklyn, OH 44144-2338OH1970-12$5,283
2Kate J Anthony Trust Fbo United Baptist Parish Depositors Trust Co4900 Tiedeman Rd, Cleveland, OH 44144-2338OH1959-01$6,930
3Kate M Karb Tt-1796 Ohio Nat Bank Of Cols TrPO BOX 94651, Cleveland, OH 44101-4651OH1970-12$71,237
4Katharine G Thomas TrustPO BOX 94651, Cleveland, OH 44101-4651OH1974-10$127,691
5Katherine E Parrett Trust150 W Court St, Washington C H, OH 43160-1326OH1974-08$256,559
6Katherine L Hageman Charitable Trust4900 Tiedeman Rd, Brooklyn, OH 44144-2338OH$47,468
7Katherine Lorraine Funston Memorial Fund4900 Tiedeman Rd, Brooklyn, OH 44144-2338OH2002-05$323,897
8Katherine Milan Fund Fbo 40 10 421 011860, Foster Fredrick4900 Tiedman Oh 01 49 0150, Brooklyn, OH 44144OH1966-12$29,185
9Katherine P Hare Charitable Tr48 N South St, Wilmington, OH 45177-2212OH1999-06$99,324
10Kathleen Constantini Charitable Foundation Tr, Constantini Kathleen Ttee7515 Highbury Pointe, Canfield, OH 44406-9297OH2000-06$1
11Kathryn And Vishnoo Shahani Charitable Trust4520 Cooper Rd Ste 203, Cincinnati, OH 45242-5687OH1998-05$771,348
12Kathryn C White Memorial Scholarship Fund TrPO BOX 630858, Cincinnati, OH 45263-0858OH1974-08$7,330
13Kathryn L Reichelderfer Private Foundation 1355001006PO BOX 1558, Columbus, OH 43216-1558OH2001-05$304,948
14Kathryn R Tyler Neighborhood Center Inc900 E 105th St, Cleveland, OH 44108-3202OH1958-04$329,927
15The Katie Linz Foundation6145 Woodlark Dr, Cincinnati, OH 45230OH2006-04$0
16Katis Hope Foundation For Mesothelioma Research Ed & Support27981 Woodland Rd, Cleveland, OH 44124OH2005-09$8,469
17Katrina Fischer Fbo Spca Tw4900 Tiedeman Rd, Brooklyn, OH 44144-2338OH2003-06$266,821
18Katy Danco Foundation Inc192 Northridge Dr, Willoughby, OH 44094-5639OH2008-04$1,077
19Katy Danco Foundation IncPO BOX 24219, Mayfield Hts, OH 44124-0219OH1988-04$20,951
20Kauffman Family Foundation Inc3685 County Road 25a S, Sidney, OH 45365-8729OH1999-08$12,218

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Kathryn And Vishnoo Shahani Charitable Trust and has no official or unofficial affiliation with Kathryn And Vishnoo Shahani Charitable Trust