Golden Age Foundation, Cannella Phillip J Iii Ttee in Kennet Sq, Pennsylvania (PA)
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 Pennsylvania
| Golden Age Foundation, Cannella Phillip J Iii Ttee | |
| Employer Identification Number (EIN) | 256731051 |
| Name of Organization | Golden Age Foundation |
| Secondary Name | Cannella Phillip J Iii Ttee |
| In Care of Name | Phillip J Cannella Iii |
| Address | 107 Chalfont Rd, Kennet Sq, PA 19348-1667 |
| Subsection | Charitable Organization |
| Ruling Date | 01/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $135,635 |
| Amount of Income | $3,318 |
| Form 990 Revenue Amount | $3,377 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories |
Non-representatives - add comments:
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 | $-6,436 | $3,318 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $3,318 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $98,962 | $0 | $0 | $98,962 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $98,962 | $0 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-105,398 | |||
| Net investment income | $3,318 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $135,635 | $145,390 |
| Cash - non-interest-bearing | $200 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $135,435 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $135,635 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-9,754 |
| 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 | $33 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $33 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| 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 | $188,335 |
| Net value of noncharitable-use assets | $185,500 |
| Minimum investment return | $9,275 |
| Distributable Amount (for 2012) | |
| Distributable amount | $9,242 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $9,242 |
| 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 Pennsylvania | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Gods Word To The World International Fellowship Inc | 2053 Blairs Hill Rd, Needmore, PA 17238-9002 | PA | 2000-11 | $10,560 |
| 2 | Goedeker Foundation Tr | 200 Geneva Dr, Aliquippa, PA 15001-1510 | PA | 1998-03 | $107,244 |
| 3 | Goff Program | PO BOX 43038, Philadelphia, PA 19129-3038 | PA | 2003-03 | $27,500 |
| 4 | Going Home Greyhounds Inc | PO BOX 513, Wexford, PA 15090-0513 | PA | 2001-11 | $47,653 |
| 5 | Gold Family Foundation | 1650 Market St Ste 1200, Philadelphia, PA 19103-7311 | PA | 1987-03 | $58,760 |
| 6 | Gold Medal Karate Inc | 530 Bainbridge St, Philadelphia, PA 19147-2214 | PA | 2000-05 | $746,682 |
| 7 | Gold Wing Road Riders Association | 124 Apple St, Punxsutawney, PA 15767 | PA | 1983-02 | $0 |
| 8 | Goldberg Family Foundation Inc | 191 Presidential Blvd Ph 1, Bala Cynwyd, PA 19004-1260 | PA | 2002-12 | $607,792 |
| 9 | Goldberg Family Fund | 22 W Levering Mill Rd, Bala Cynwyd, PA 19004-2605 | PA | 1988-04 | $1 |
| 10 | Golden Age Air Museum | 371 Airport Rd, Bethel, PA 19507-9692 | PA | 1998-05 | $116,927 |
| 11 | Golden Age Foundation, Cannella Phillip J Iii Ttee | 107 Chalfont Rd, Kennet Sq, PA 19348-1667 | PA | 2001-01 | $3,318 |
| 12 | Golden Eagles Nest Inc | 214 Adrian Ave, Trafford, PA 15085-1031 | PA | 2005-08 | $3,000 |
| 13 | Golden Generation Worship & Retreat Center Inc | PO BOX 8, Pen Argyl, PA 18072-0008 | PA | 1994-01 | $914,377 |
| 14 | Golden Slipper Center For Seniors | 3901 Conshohocken Ave, Philadelphia, PA 19131-5430 | PA | 1995-09 | $537,944 |
| 15 | Golden Slipper Club Camp | 215 N Presidential Blvd 1st Fl, Bala Cynwyd, PA 19004-1201 | PA | 1949-01 | $3,748,071 |
| 16 | Golden Slipper Club Charities | 215 N Presidential Blvd 1st Fl, Bala Cynwyd, PA 19004-1201 | PA | 1967-10 | $842,193 |
| 17 | Golden Slipper Club Uptown Home For The Aged | 2655 Philmont Ave, Huntingdon Vly, PA 19006-5314 | PA | 1943-04 | $693,410 |
| 18 | Golden Slipper Foundation | 215 N Presidential Boulevard -, Bala Cynwyd, PA 19004-1201 | PA | 1979-04 | $1,540,827 |
| 19 | Golden Slipper Senior Care Foundation Inc | 215 N Presidential Blvd No 1st Fl, Bala Cynwyd, PA 19004-1201 | PA | 2007-10 | $1,921,723 |
| 20 | Golden Slipper Workers Compensation Trust | 985 Old Eagle School Rd Ste 504, Wayne, PA 19087-1712 | PA | 1993-11 | $170 |
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