Robert & Adaline Strong Fund in Winston Salem, North Carolina (NC)
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
- Organizations performing similar types of work
| Robert & Adaline Strong Fund | |
| Employer Identification Number (EIN) | 066126553 |
| Name of Organization | Robert & Adaline Strong Fund |
| In Care of Name | Wachovia Bank Na |
| Address | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1973 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $470,703 |
| Amount of Income | $152,188 |
| Form 990 Revenue Amount | $20,346 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Hospice |
Non-representatives - add comments:
Amount of income in 2014: $152,188 (it was $95,923 in 2012)
| Robert & Adaline Strong Fund: | $152,188 |
| Other organizations performing similar types of work: | $203,673 |
Assets in 2014: $470,703 (it was $481,089 in 2012)
| Robert & Adaline Strong Fund: | $470,703 |
| Other organizations performing similar types of work: | $692,546 |
Expenses in 2012: $23,259
| Robert & Adaline Strong Fund: | $23,259 |
| Other organizations performing similar types of work: | $617,440 |
Income to expenses ratio in 2012: 6.5
| This organization: | 6.5 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 64.2% |
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 | $30,687 | $30,574 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $17,294 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $13,393 | |||
| Total expenses and disbursements | $23,259 | $5,764 | $0 | $17,145 |
| Compensation of officers, directors, trustees, etc. | $7,343 | |||
| Total operating and administrative expenses | $10,934 | $5,764 | $4,820 | |
| Contributions, gifts, grants paid | $12,325 | |||
| Excess of revenue over expenses and disbursements | $7,428 | |||
| Net investment income | $24,810 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $481,089 | $533,448 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $461,139 | |
| Other | $19,950 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $481,089 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $13,393 |
| 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 | $496 |
| Total credits and payments | $293 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $293 |
| 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 | $203 |
| 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? | 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 | $519,490 |
| Net value of noncharitable-use assets | $511,700 |
| Minimum investment return | $25,585 |
| Distributable Amount (for 2012) | |
| Distributable amount | $25,089 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $25,089 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $16,610 |
| 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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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Santa Barbara Hospice Foundation | 2050 Alameda Padre Serra No 100, Santa Barbara, CA 93103-1704 | CA | 1984-05 | $30,730,427 |
| 2 | Our Hospice Of South Central Indiana Inc | 2626 17th St, Columbus, IN 47201-5417 | IN | 1980-08 | $12,947,489 |
| 3 | Iowa Mennonite Benevolent Association | 811 3rd St, Kalona, IA 52247-9493 | IA | 1961-06 | $7,037,998 |
| 4 | Karen Ann Quinlan Center Of Hope Hospice | 99 Sparta Ave, Newton, NJ 07860-2614 | NJ | 1983-07 | $6,523,820 |
| 5 | Nathan Adelson Hospice Foundation Inc | 4141 Swenson St, Las Vegas, NV 89119-6718 | NV | 1986-04 | $4,836,372 |
| 6 | Hospice Education Institute Inc | PO BOX 98, Machiasport, ME 04655-0098 | ME | 1986-06 | $2,451,868 |
| 7 | Talbot Hospice Foundation Inc | 586 Cynwood Dr, Easton, MD 21601-3805 | MD | 1981-10 | $2,323,323 |
| 8 | Heart Of Georgia Hospice Inc | 103 Westridge Dr, Warner Robins, GA 31088-8111 | GA | 1985-08 | $2,108,943 |
| 9 | Hospice Of Orleans Inc | 14080 Rt 31 W, Albion, NY 14411-9301 | NY | 1991-03 | $1,582,336 |
| 10 | Hospice Of Salina Incorporated | 730 Holly Ln, Salina, KS 67401-8452 | KS | 1993-08 | $1,580,812 |
| 11 | Aids Task Force Inc | 525 Oxford St, Fort Wayne, IN 46806-4177 | IN | 1987-03 | $906,924 |
| 12 | Richland Hospital Foundation Inc | 333 E 2nd St, Richland Ctr, WI 53581-1914 | WI | 1987-04 | $366,150 |
| 13 | Friends Of Hospice Inc | PO BOX 2052, Easton, MD 21601-8940 | MD | 1991-07 | $203,673 |
| 14 | Society For The Friends Of Hospice Inc | PO BOX 129, La Plata, MD 20646-0129 | MD | 1993-02 | $179,300 |
| 15 | Robert & Adaline Strong Fund | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1973-05 | $152,188 |
| 16 | The Presbyterian Village Foundation | 502 Butler St, Ackley, IA 50601-1730 | IA | 1986-01 | $143,253 |
| 17 | Severn Town Club Inc | 5138 Mountain Rd, Pasadena, MD 21122-6208 | MD | 1987-04 | $103,748 |
| 18 | Lower Cape Fear Hospice Foundation Inc | 1414 Physicians Dr, Wilmington, NC 28401-7335 | NC | 1985-08 | $49,146 |
| 19 | Hospice Auxiliary Of Abilene | PO BOX 1922, Abilene, TX 79604-1922 | TX | 1987-09 | $0 |
| 20 | Hospice Memorial Foundation Inc | 4775 Indian School Rd Ne, Albuquerque, NM 87110-3973 | NM | 1997-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||
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| Total | 27 | ||||||||||||||||||||||||||||||||||
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