Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee in Lakeside, Ohio (OH)

Organization representatives - add corrected or new information about Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee »

Non-representatives - add comments about Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee»

Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee
Employer Identification Number (EIN)266706458
Name of OrganizationRussell And Marguerite Stephenson Foundation
Secondary NameGerald D Meyer Ttee
In Care of NameGerald D Meyer
Address243 Elizabeth Dr, Lakeside, OH 43440-9596
SubsectionCharitable Organization
Ruling Date05/2009
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1,769,378
Amount of Income$717,041
Form 990 Revenue Amount$123,079
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising and/or Fund Distribution

Non-representatives - add comments:


Your IP address will be logged.

Amount of income in 2013: $717,041 (it was $576,112 in 2012)
Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee: 

Other organizations performing similar types of work: 


Assets in 2013: $1,769,378 (it was $1,761,964 in 2012)
Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee: 

Other organizations performing similar types of work: 


Expenses in 2013: $104,814
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 6.8
Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 0.0%
This organization: 

Other organizations performing similar types of work: 


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$116,594$116,594$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$54,874
Gross rents$0
Gross sales price for all assets$662,167
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$104,814$12,420$0$92,394
Compensation of officers, directors, trustees, etc.$7,000
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$1,975
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$23,814$12,420$11,394
Contributions, gifts, grants paid$81,000
Excess of revenue over expenses and disbursements$11,780
Net investment income$104,174
Adjusted net income$0
Balance Sheets
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$1,786,766$1,792,901$1,761,964$1,835,927$1,769,378$1,960,271
Cash - non-interest-bearing$0$0$0
Investments-U.S. and state government obligations$218,302$138,670$108,539
Investments-corporate stock$0$0$0
Investments-corporate bonds$599,270$339,744$152,857
Investments-mortgage loans$0$0$0
Other assets$0$0
Total liabilities$1$1$1
Mortgages and other notes payable$0$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$1,786,766$1,761,964$1,769,378
Capital Gains and Losses for Tax on Investment Income
Capital gain net income$54,959$14,911$61,720
Net capital loss$0$0$0
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$1,119$713$1,042
Total credits and payments$1,007$1,119$406
Current year estimated tax payments and previous year's overpayment credited to current year$1,007$1,119$406
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$5
Tax due$0$641
Amount to be credited to next year's estimated tax$0$406$0
Statements Regarding Activities
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?YesYes
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
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?YesYesYes
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
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$1,869,263$1,848,199$1,919,674
Net value of noncharitable-use assets$1,820,476$1,890,879
Minimum investment return$92,061$91,024$94,544
Distributable Amount
Distributable amount$90,942$90,311$93,502
Undistributed Income
Distributable amount for this year$90,942$90,311$93,502
Undistributed income for this year. This amount must be distributed in the next year$88,442$83,031$84,139
Private Operating Foundations (for 2010 - 2013)
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$0$0
Dividends and interest from securities$54,874$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:
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


Your Review

Would you recommend Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee to others? (optional)
Add photo of Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee (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»
Recently Added Reviews
Heroes And Halos in Columbiana, OH
Oromo Community Development Center in Worthington, OH
Dynamic Catholic Institute in Cincinnati, OH
Historic Pataskala Town Hall in Pataskala, OH
Petpromise in Columbus, OH
First United Baptist Church Of Tiffin, 4836 in Tiffin, OH
Cheviot Firemen's Association in Cheviot, OH
Always Patriotic Inc in Amanda, OH
Fairport Youth Football League in Fairport Harbor, OH
Illuminating Nations Through Offering Opportunity I N T O in Oberlin, OH
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Rotary International, South Hill Rotary ClubPO BOX 922, South Hill, VA 23970-0922VA2008-06$70,044
2The Jegs Foundation101 Jegs Pl, Delaware, OH 43015-9279OH2002-06$7,301,258
3Tournaments For Charity5750 Memorial Dr, Dublin, OH 43017-9742OH2003-08$4,343,073
4Eo Sports Hunting & Fishing Expo801 Carters Corner Rd, Sunbury, OH 43074-9536OH2014-05$747,722
5Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee243 Elizabeth Dr, Lakeside, OH 43440-9596OH2009-05$717,041
6The L L Barber Fund, Handwork B Thomas Jr Ttee1090 W South Boundary, Perrysburg, OH 43551-5234OH1999-04$409,630
7Bexley Community Foundation552 S Drexel Ave, Columbus, OH 43209-2100OH2010-07$346,703
8St Marons Education Foundation Inc1555 S Meridian Rd, Youngstown, OH 44511-1140OH2003-09$292,851
9Ronald And Marilyn Leach Charitable Foundation7280 W Baldwin Reserve Dr, Middlebrg Hts, OH 44130-5667OH1999-11$207,975
10Russell Classic Cancer Fund2916 Venice Road, Sandusky, OH 44870OH2009-08$171,278
11Bluffton Lions FoundationPo Box 223, Bluffton, OH 45817-9502OH2009-06$141,977
12William S Olson Memorial Foundation Inc5165 Breckenridge Dr, Cincinnati, OH 45247-3307OH2003-09$133,331
13No Stone Unturned FoundationPO BOX 987, Youngstown, OH 44501-0987OH2009-02$123,428
14Symphony Of Trees IncPO BOX 14, Napoleon, OH 43545-0014OH2009-03$111,769
15Society Of St Vincent Depaul St Wendelin Conference Inc201 W Fremont St, Fostoria, OH 44830-2218OH2011-07$99,120
16Reaching Higher Heights Care Center 4 Life996 Oakwood Ave, Columbus, OH 43206-1578OH2012-07$93,910
17Zeitler Charitable Trust3583 W Glencoe Rd, Richfield, OH 44286-9336OH2000-01$88,705
18Gatsbys Charitable Trust151 N Hamilton Rd, Gahanna, OH 43230-2601OH2014-09$76,887
19Andrea Rose Teodosio Memorial FoundationPO BOX 109, Munroe Falls, OH 44262-0109OH2011-06$76,850
20Stynchula Family Foundation3135 Angela Drive, Grove City, OH 43123OH2009-04$73,586
Number of organizations performing similar types of work
District of Columbia24
North Carolina108
North Dakota7
New Hampshire17
New Jersey148
New Mexico10
New York266
Rhode Island26
South Carolina46
South Dakota11
West Virginia18
Total3,544 is not associated with, endorsed by, or sponsored by Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee and has no official or unofficial affiliation with Russell And Marguerite Stephenson Foundation, Gerald D Meyer Ttee