Olson L Anderson & Catherine Bastow Anderson Scholarship 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
| Olson L Anderson & Catherine Bastow Anderson Scholarship Trust | |
| Employer Identification Number (EIN) | 386345071 |
| Name of Organization | Olson L Anderson & Catherine Bastow Anderson Scholarship Trust |
| In Care of Name | Pnc Bank Na |
| Address | 4100 W 150th St, Cleveland, OH 44135-1304 |
| Activities | Scholarships (other) |
| Subsection | Educational Organization |
| Ruling Date | 01/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2012 |
| Assets | $500,000 to $999,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $748,899 |
| Amount of Income | $21,416 |
| Form 990 Revenue Amount | $12,713 |
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 | $43,643 | $22,025 | $21,416 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $7 | |||
| Dividends and interest from securities | $21,409 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $22,227 | |||
| Total expenses and disbursements | $90,188 | $7,472 | $7,472 | $82,216 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $13,218 | $7,472 | $5,246 | |
| Contributions, gifts, grants paid | $76,970 | |||
| Excess of revenue over expenses and disbursements | $-46,545 | |||
| Net investment income | $14,553 | |||
| Adjusted net income | $13,944 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $748,899 | $994,786 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $45,515 | |
| Investments-corporate stock | $398,250 | |
| Investments-corporate bonds | $235,449 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $47,432 | |
| Other | $22,253 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $748,899 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $22,227 |
| 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 | $146 |
| Total credits and payments | $1,223 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,223 |
| 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 | $1,077 |
| Amount to be credited to 2013 estimated tax | $286 |
| 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 | $958,371 |
| Net value of noncharitable-use assets | $944,000 |
| Minimum investment return | $47,200 |
| Distributable Amount (for 2012) | |
| Distributable amount | $47,054 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $47,054 |
| 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 |
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| Other organizations in Ohio | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Old English Sheepdog Club Of America Inc | 2034 Carmont Ave Nw, Massillon, OH 44647-9546 | OH | 1973-06 | $121,143 |
| 2 | Ohio Society For Respiratory Therapy | 3757 Indianola Ave, Columbus, OH 43214-3753 | OH | 1970-04 | $93,188 |
| 3 | Ohio Valley Ski Council Inc | 2099 Hedge Gate Blvd, Beavercreek, OH 45431 | OH | 1982-10 | $32,248 |
| 4 | Omnicare Foundation | 201 E 4th St Ste 900, Cincinnati, OH 45202-4160 | OH | 1995-02 | $381,000 |
| 5 | Omnicare Inc Voluntary Employees Beneficiary Tr | 201 East Fourth Street, Cincinnati, OH 45202-4248 | OH | 2002-11 | $56,250,000 |
| 6 | Nlt Foundation Inc | 1776 Mentor Ave Ste 260, Cincinnati, OH 45212-3661 | OH | 1997-06 | $1,204,935 |
| 7 | Notfar Org | PO BOX 86, Oberlin, OH 44074-0086 | OH | 1999-09 | $1,800 |
| 8 | Northwestern Ohio Region Sports Car Club Of America | 3997 Edinburgh Ct, Genoa, OH 43430 | OH | 1979-11 | $0 |
| 9 | Ohio Association Of Blood Banks | 206 Hickory St, Swanton, OH 43558-1125 | OH | 1976-06 | $16,390 |
| 10 | Olga Schiefer Charitable Tr | PO BOX 94561, Cleveland, OH 44101-4561 | OH | 1992-11 | $9,870 |
| 11 | Olson L Anderson & Catherine Bastow Anderson Scholarship Trust | 4100 W 150th St, Cleveland, OH 44135-1304 | OH | 1987-01 | $21,416 |
| 12 | North American Deer Farmers Assoc Cervid Livestock Foundation | 4501 Hills And Dales Road Nw, Canton, OH 44708-1572 | OH | 1993-06 | $86,849 |
| 13 | North American Deer Farmers Association Inc | 4501 Hills And Dales Rd Nw Ste C, Canton, OH 44708-1572 | OH | 1992-12 | $1,034,096 |
| 14 | North American Regional Science Council Inc | The Univ Of Toledo Urban Affairs, Toledo, OH 43606 | OH | 2004-11 | $270,771 |
| 15 | North American Power Sweeping Association Inc, N A P S A | 136 S Keowee St, Dayton, OH 45402-2241 | OH | 2001-01 | $123,488 |
| 16 | Nfg Foundation | 65 E State St Ste 2100, Columbus, OH 43215-4213 | OH | 1993-11 | $169,436 |
| 17 | Nfl Quarterback Club Charitable Trust | 155 Pine Ave Ne, Warren, OH 44481-1231 | OH | 2001-07 | $4 |
| 18 | Nht I Inc | 2245 North Bank Drive No 200, Columbus, OH 43220-5422 | OH | 1996-12 | $5,365 |
| 19 | Nht Inc | 2335 N Bank Dr, Columbus, OH 43220-5423 | OH | 1989-11 | $570,901 |
| 20 | Nhv Physicians Professional Corporation | 1 Akron General Ave, Akron, OH 44307-2432 | OH | 1997-11 | $31,209,192 |
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