Inman-Riverdale Foundation in Inman, South Carolina (SC)
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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in South Carolina
| Inman-Riverdale Foundation | |
| Employer Identification Number (EIN) | 576019736 |
| Name of Organization | Inman-Riverdale Foundation |
| Address | PO BOX 207, Inman, SC 29349-0207 |
| Activities | Gifts, grants, or loans to other organizations, Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 09/1948 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,177,578 |
| Amount of Income | $3,059,817 |
| Form 990 Revenue Amount | $1,018,952 |
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 | $46,130 | $25,057 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $28,073 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $590 | |||
| Other | $17,467 | |||
| Total expenses and disbursements | $182,668 | $12,171 | $0 | $635,351 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $53,223 | $12,171 | $36,572 | |
| Contributions, gifts, grants paid | $129,445 | |||
| Excess of revenue over expenses and disbursements | $-136,538 | |||
| Net investment income | $12,886 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,056,109 | $2,056,109 |
| Cash - non-interest-bearing | $136,368 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,768,387 | |
| Other | $151,354 | |
| Total liabilities | $522,200 | |
| Mortgages and other notes payable | $0 | |
| Other | $522,200 | |
| Total liabilities and net assets/fund balances | $1,533,909 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $17,467 |
| 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 | $129 |
| Total credits and payments | $7,486 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $7,486 |
| 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 | $7,357 |
| Amount to be credited to 2013 estimated tax | $7,357 |
| 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? | Yes |
| 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 | $2,038,275 |
| Net value of noncharitable-use assets | $2,007,700 |
| Minimum investment return | $100,385 |
| Distributable Amount (for 2012) | |
| Distributable amount | $100,256 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $100,256 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $228,858 | $0 | $228,858 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $226,563 | $0 | $226,563 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $-21,121 | $0 | $-21,121 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $23,416 | $0 | $23,416 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $22,908 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $25 |
| Charitable contributions | $22,883 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $204,950 |
| Unrelated business taxable income before net operating loss deduction | $205,950 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $205,950 |
| Specific deduction | $1,000 |
| Write your review! |
|
|
| Recently Added Reviews |
Pk Outreach Inc in Inman, SC
  |
Inman Youth Association in Inman, SC
 |
| Vietnam Veterans Of America Inc in Columbia, SC |
|
Daughters Of The Nile, Arabi Temple No141 in Lexington, SC
|
| Kappa Alpha Psi Fraternity, Moncks Corner Alumni Chapter in Moncks Corner, SC |
|
All About Change Inc in Greenville, SC
|
| Museum Of Western York County in Sharon, SC |
|
Project Josiah Restoration Ministry in Columbia, SC
|
| Sacred Literature Ministries Inc, Teachers' Swap Shop in Taylors, SC |
|
Amvets, 0070 Amvets in Port Royal, SC
|
| Other organizations in South Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Faithful Workers Circle Of The Int'l Order Of The Kings Daughters And Sons | 1526 Glover St, Orangeburg, SC 29115 | SC | 1994-01 | $0 |
| 2 | Fbi National Academy Associates Inc, South Carolina Chapter | 230 Pickens St, Columbia, SC 29205 | SC | 1993-09 | $3,091,262 |
| 3 | First Citizens Foundation | 1230 Main St, Columbia, SC 29201-3213 | SC | 2002-04 | $2,963,033 |
| 4 | Flying Scot Sailing Association International Inc | 1 Windsor Cv Ste 305, Columbia, SC 29223-1833 | SC | 1982-03 | $9,892 |
| 5 | Georgetown Hospital Systems | PO BOX 421718, Georgetown, SC 29442-4203 | SC | 2003-10 | $10,690,243 |
| 6 | Georgia Tech Alumni Association Inc, Greenville Spartanburg Georgia Tech Club | 12 Misty Oaks Dr, Greer, SC 29651 | SC | 1949-03 | $6,582,457 |
| 7 | Gods Storehouse Inc | PO BOX 6143, Columbia, SC 29260-6143 | SC | 1990-09 | $68,864 |
| 8 | H M And Pearl Kyle Foundation Inc | 514 Juanita Dr, Florence, SC 29501-5724 | SC | 1986-12 | $1,549,791 |
| 9 | Habitat For Humanity International Inc, Horry County Hfh Of | 165 Co Op Rd, Myrtle Beach, SC 29588-7375 | SC | 1987-01 | $1,991,129 |
| 10 | Hayne Hipp Foundation | PO BOX 502, Greenville, SC 29602-0502 | SC | 1988-05 | $6,348,607 |
| 11 | Inman-Riverdale Foundation | PO BOX 207, Inman, SC 29349-0207 | SC | 1948-09 | $3,059,817 |
| 12 | Institute Of Industrial Engineers Inc | 110 Freeman Hall, Clemson, SC 29634 | SC | 1963-05 | $5,332,210 |
| 13 | Jewish Studies Center Inc | 186 Queen Street, Charleston, SC 29401 | SC | 2002-04 | $0 |
| 14 | Kb Charitable Tr, Sanders Russell Brent Ttee | PO BOX 25301, Greenville, SC 29616-0301 | SC | 2001-05 | $143,606 |
| 15 | Low Country Institute Inc | 40 Mobley Oaks Ln, Okatie, SC 29909-4012 | SC | 1998-01 | $371,938 |
| 16 | Maranatha Christian Center, Sonshine Ranch & Guest Home | 2426 Brigger Hill Rd, Wadmalaw Is, SC 29487-6835 | SC | 1980-04 | $178,336 |
| 17 | Meyer Center For Special Children | 1132 Rutherford Rd Stone Plaza, Greenville, SC 29609 | SC | 1956-05 | $3,546,906 |
| 18 | National Board Of Diving And Hyperbaric Medical Technology Inc | 9 Medical Park No 330, Columbia, SC 29203 | SC | 1990-05 | $206,592 |
| 19 | National Waterfowl Alliance, Waterfowl Usa Unlimited | PO BOX 50, Edgefield, SC 29824-0050 | SC | 1983-06 | $164,435 |
| 20 | Newberry College Foundation Inc Newberry College | 2100 College St Newbery College, Newberry, SC 29108 | SC | 1965-01 | $15,144 |
Organization representatives - add corrected or new information about Inman-Riverdale Foundation »
Non-representatives - add comments about Inman-Riverdale Foundation»