Nord Family Foundation in Amherst, 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
| Nord Family Foundation | |
| Employer Identification Number (EIN) | 341595929 |
| Name of Organization | Nord Family Foundation |
| Address | 747 Milan Ave, Amherst, OH 44001-1310 |
| Activities | Gifts, grants, or loans to other organizations, Other youth organization or activities, Other inner city or community benefit activities |
| Subsection | Charitable Organization |
| Ruling Date | 10/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $50,000,000 to greater |
| Income | $10,000,000 to $49,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $129,345,575 |
| Amount of Income | $39,359,335 |
| Form 990 Revenue Amount | $7,403,308 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $13,468,985 | $13,405,388 | $0 | |
| Contributions, gifts, grants, etc., received | $25,000 | |||
| Interest on savings and temporary cash investments | $479,145 | |||
| Dividends and interest from securities | $1,139,835 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $56,566 | |||
| Other | $11,768,439 | |||
| Total expenses and disbursements | $6,654,349 | $404,376 | $0 | $5,925,174 |
| Compensation of officers, directors, trustees, etc. | $171,665 | |||
| Total operating and administrative expenses | $1,508,200 | $404,376 | $779,025 | |
| Contributions, gifts, grants paid | $5,146,149 | |||
| Excess of revenue over expenses and disbursements | $6,814,636 | |||
| Net investment income | $13,001,012 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $114,344,800 | $114,162,559 |
| Cash - non-interest-bearing | $132,395 | |
| Investments-U.S. and state government obligations | $8,306,974 | |
| Investments-corporate stock | $91,782,629 | |
| Investments-corporate bonds | $8,455,671 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $5,667,131 | |
| Total liabilities | $5,450 | |
| Mortgages and other notes payable | $0 | |
| Other | $5,450 | |
| Total liabilities and net assets/fund balances | $114,339,350 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $11,768,439 |
| 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 | $260,020 |
| Total credits and payments | $269,723 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $269,723 |
| 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 |
| Tax due | $0 |
| Overpayment | $9,703 |
| Amount to be credited to 2013 estimated tax | $9,703 |
| 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? | 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 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 | $103,073,251 |
| Net value of noncharitable-use assets | $101,527,160 |
| Minimum investment return | $5,076,358 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,816,338 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,816,338 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | 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 |
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 | Nor-Pca Inc | 2884 Huntington Rd, Shaker Hts, OH 44120-2404 | OH | 1995-09 | $160,213 |
| 2 | Nora Greenwalt Tr Uw Nect | PO BOX 1558, Columbus, OH 43216-1558 | OH | 1972-12 | $140,766 |
| 3 | Nora Martin Family Fund Reeves Banking & Trust Co Ttee | PO BOX 1558 DEPT EA4E86, Columbus, OH 43216-1558 | OH | 1980-05 | $28,545 |
| 4 | Nora S Wilder Trust Elyria Savings & Trust National | 106 S Main St Ste 1600, Akron, OH 44308-1418 | OH | 1974-01 | $16,416 |
| 5 | Norann Charitable Tr | 40 Solether Ln, Chargin Falls, OH 44022-2700 | OH | 1995-04 | $96,988 |
| 6 | Norbert A & Marion C Lange Mem Fund | 4900 Tiedeman Rd, Brooklyn, OH 44144-2338 | OH | $602,783 | |
| 7 | Norbert G Backhus Scholarship Fund | 37 White Allen Ave Box 1377, Dayton, OH 45405-4930 | OH | 1997-10 | $27 |
| 8 | Norbert L Gazin Educational Fund | 4900 Tiedeman Oh-01-49-0150, Brooklyn, OH 44144-2338 | OH | 2001-04 | $1,070,745 |
| 9 | Norcare Enterprises Inc | 6140 S Broadway, Lorain, OH 44053-3821 | OH | 1986-07 | $361,894 |
| 10 | Nord Center | 6140 S Broadway, Lorain, OH 44053-3821 | OH | 1973-02 | $12,016,180 |
| 11 | Nord Family Foundation | 747 Milan Ave, Amherst, OH 44001-1310 | OH | 1988-10 | $39,359,335 |
| 12 | Nord Middle School Pto | 501 Lincoln Street, Amherst, OH 44001 | OH | 1982-07 | $14,227 |
| 13 | Nord Vocational Industries Inc | 6140 S Broadway, Lorain, OH 44053-3821 | OH | 1988-01 | $27,579 |
| 14 | Nordonia Hills Athletic Association | PO BOX 111, Northfield, OH 44067 | OH | 1973-09 | $115,226 |
| 15 | Nordonia Hills Athletic Boosters Club | PO BOX 124, Northfield, OH 44067 | OH | 1956-09 | $198,656 |
| 16 | Nordonia Hills City Schools Foundation | 47 Sandy Hill Rd, Sagamore Hls, OH 44067-1833 | OH | 1996-05 | $71,980 |
| 17 | Nordonia Hills Gun Club Inc | 574 Sandy Lake Rd, Kent, OH 44240 | OH | 1987-09 | $0 |
| 18 | Nordonia Hills School District Band-Aides | 8006 S Bedford Rd, Macedonia, OH 44056-2025 | OH | 1982-10 | $102,037 |
| 19 | Nordonia Youth Basketball | PO BOX 179, Northfield, OH 44067 | OH | 2008-03 | $57,194 |
| 20 | Nordson Corporation Foundation | 28601 Clemens Rd, Westlake, OH 44145-1148 | OH | 1988-10 | $23,983,245 |
Organization representatives - add corrected or new information about Nord Family Foundation »
Non-representatives - add comments about Nord Family Foundation»