Robert L Morelli Foundation in Pittsburgh, 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
| Robert L Morelli Foundation | |
| Employer Identification Number (EIN) | 237319091 |
| Name of Organization | Robert L Morelli Foundation |
| In Care of Name | David E Capan |
| Address | 535 Smithfield St Ste 1300, Pittsburgh, PA 15222-2300 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1975 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Organization terminating its private foundation status under section 507(b)(1)(B) of the Code |
| Tax Period | 10/2012 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $369,566 |
| Amount of Income | $93 |
| Form 990 Revenue Amount | $4,009 |
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 | $7,240 | $7,240 | $93 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $93 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $7,147 | |||
| Total expenses and disbursements | $23,047 | $720 | $720 | $22,327 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,047 | $720 | $327 | |
| Contributions, gifts, grants paid | $22,000 | |||
| Excess of revenue over expenses and disbursements | $-15,807 | |||
| Net investment income | $6,520 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $369,566 | $466,603 |
| Cash - non-interest-bearing | $1,688 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $367,878 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $369,566 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $7,147 |
| 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 | $130 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $130 |
| 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 | $469,123 |
| Net value of noncharitable-use assets | $462,080 |
| Minimum investment return | $23,104 |
| Distributable Amount (for 2012) | |
| Distributable amount | $22,974 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $22,974 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $22,342 |
| 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 | Robert Hunter Swindell Ch Trust | 831 Academy Pl, Pittsburgh, PA 15243-2003 | PA | 1972-07 | $6,839 |
| 2 | Robert J & Louise P Miorelli Foundation | 5 Radnor Corp Ctr Ste 450, Radnor, PA 19087-4538 | PA | 1995-10 | $8,600 |
| 3 | Robert J Gunterberg Charitable Foundation | 1350 Park Rd, Lancaster, PA 17601-5244 | PA | 2008-08 | $9,596,172 |
| 4 | Robert J Tag Welker Memorial Scholarship Trust, Welker Robert-Catharine-Besser C Tt | 39 N Maple St, Mount Carmel, PA 17851-1335 | PA | 1992-04 | $3,369 |
| 5 | Robert James Leonard Foundation Inc | 123 N Broad St, Doylestown, PA 18901-3716 | PA | 2009-10 | $11,235 |
| 6 | Robert Junge Trust | Gilboy Gilboy Llp 100 N 18th Street, Philadelphia, PA 19103 | PA | 1972-01 | $197,768 |
| 7 | Robert Kahn Lifetime Charitable Foundation, Kahn J Robert Ttee | 1650 Market St Ste 46th Fl, Philadelphia, PA 19103-7301 | PA | 1995-08 | $42,536 |
| 8 | Robert L Bennett Sr Tr Uw Fbo Mansfield Univ R Packer School | Citizens Northern Bank 90-92 Main S, Wellsboro, PA 16901 | PA | 2001-02 | $142,762 |
| 9 | Robert L Bennett Sr Trust Uw Fbo Towanda High School Scholarshi | Citizens Northern Bk Trustee 90-92, Wellsboro, PA 16901 | PA | 2000-11 | $175,012 |
| 10 | Robert L Lohr Tw, Pnc Bank Na Ttee | Pnc Bank Na 620 Liberty Avenue No, Pittsburgh, PA 15222 | PA | 2001-05 | $156,810 |
| 11 | Robert L Morelli Foundation | 535 Smithfield St Ste 1300, Pittsburgh, PA 15222-2300 | PA | 1975-02 | $93 |
| 12 | Robert M And Marion M Jones Foundation | 15 S Main St, Mansfield, PA 16933-1507 | PA | 1976-11 | $100,450 |
| 13 | Robert M Thompson Jr Foundation | 2933 Trafford Rd, Murrysville, PA 15668-2620 | PA | 1986-08 | $166,495 |
| 14 | Robert Miller Brown And Thelma Yvonne Foundation | 10 Rocklynn Pl, Pittsburgh, PA 15228-1829 | PA | 2002-07 | $79,197 |
| 15 | Robert Morris Charter School | 2600 W Thompson St, Philadelphia, PA 19121-4630 | PA | 2003-03 | $258,854 |
| 16 | Robert Packer Hospital Auxiliary | 200 S Wilbur Ave, Sayre, PA 18840 | PA | 1965-05 | $306,160 |
| 17 | Robert Packer School Of Nursing | 200 S Wilbur Ave, Sayre, PA 18840 | PA | 1965-12 | $10,346,739 |
| 18 | Robert R Bellamy Foundation Inc | 1650 Market St Ste 1200, Philadelphia, PA 19103-7311 | PA | 1952-01 | $1,085,521 |
| 19 | Robert Riley Eakin Memorial Scholarship Fund | 687 Bucktail Rd, Franklin, PA 16323-7719 | PA | 2000-05 | $1 |
| 20 | Robert S And Louise S Kahn Foundation | 5700 Corporate Drive, Pittsburgh, PA 15237-5861 | PA | 2001-12 | $627,912 |
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