Presbyterian College Real Estate Foundation in Clinton, South Carolina (SC)

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Presbyterian College Real Estate Foundation
Employer Identification Number (EIN)571021641
Name of OrganizationPresbyterian College Real Estate Foundation
In Care of NameTed Brown
AddressPO BOX 975, Clinton, SC 29325-0975
ActivitiesGifts, grants, or loans to other organizations, Endowment fund or financial services
SubsectionEducational Organization
Ruling Date12/1995
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$87,435
Amount of Income$6,660
Form 990 Revenue Amount$6,660
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


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Amount of income in 2014: $6,660 (it was $5,175 in 2013)
This organization: 

 $6,660
Other organizations performing similar types of work: 

 $1,343,451

Assets in 2014: $87,435 (it was $80,775 in 2013)
This organization: 

 $87,435
Other organizations performing similar types of work: 

 $5,533,504

Expenses in 2013: $0
This organization: 

 $0
Other organizations performing similar types of work: 

 $487,806

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

 0.0%
Other organizations performing similar types of work: 

 47.7%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$0$75$5,175
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$5,175
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$75$0
Total expenses$0$0$0
Total net assets$75,522$75,597$80,775
Excess/Deficit for the year$0$75$5,175
Net assets or fund balances at beginning of year$69,760$75,522$75,600
Other changes in net assets or fund balances$5,762$0$0
Net assets or fund balances at end of year$75,597$80,775
Balance Sheets
201120122013
Total assets$75,522$75,597$80,775
Total liabilities$0$0$0
Net assets or fund balances$75,522$75,597$80,775
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Southern Oregon University Foundation1250 Siskiyou Blvd, Ashland, OR 97520-5001OR1968-01$29,348,632
2Rhode Island College Foundation600 Mount Pleasant Avenue, Providence, RI 02908-1940RI1978-03$19,304,093
3The College Of New Jersey Foundation IncPO BOX 7718, Ewing, NJ 08628-0718NJ1985-01$17,189,638
4Scholarship & Welfare Funds Of Alumni Association Of Hunter Colle695 Park Ave Rm 1314he, New York, NY 10065-5024NY1949-09$15,886,796
5Union County College Foundation Inc995 Springfield Ave, Cranford, NJ 07016-1528NJ1979-04$8,697,416
6Citadel Brigadier Foundation Inc171 Moultrie St Mcallister Fld Hse, Charleston, SC 29409-0001SC1959-05$7,789,478
7Thomas A Edison State College Foundation Inc101 W State St, Trenton, NJ 08608-1101NJ1978-10$6,729,279
8Chanticleer Athletic FoundationPO BOX 1954, Conway, SC 29526SC1987-10$5,961,512
9Santa Ana College Foundation1530 W 17th St, Santa Ana, CA 92706-3398CA1968-05$5,446,012
10Wayne State Foundation1111 Main Street, Wayne, NE 68787-1172NE1963-06$5,177,884
11Schoolcraft College Foundation18600 Haggerty Rd, Livonia, MI 48152-3932MI1966-11$5,130,130
12State University College At Brockport Foundation Inc350 New Campus Dr, Brockport, NY 14420-2997NY1977-03$4,132,336
13South Georgia State College Foundation Inc100 College Park Dr W, Douglas, GA 31533-5020GA1990-03$3,101,351
14Sarah Harris Johnson-Whitman College FundPO BOX 831041, Dallas, TX 75283-1041TX1977-11$2,920,505
15Warner Pacific College Foundation2219 Se 68th Ave, Portland, OR 97215-4026OR1971-01$2,846,239
16York Technical College Foundation IncUs 21 By-Pass, Rock Hill, SC 29730SC1983-10$1,932,003
17Florence-Darlington Technical College Foundation IncPO BOX 100548, Florence, SC 29502-0548SC1979-04$1,871,115
18Newberry College Foundation Inc Newberry College2100 College St Newbery College, Newberry, SC 29108SC1965-01$15,144
19Presbyterian College Real Estate FoundationPO BOX 975, Clinton, SC 29325-0975SC1995-12$6,660
20Presbyterian College FoundationPO BOX 975, Clinton, SC 29325-0975SC1995-12$459
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California27
Colorado2
Florida4
Georgia10
Iowa1
Idaho1
Illinois10
Indiana3
Kansas3
Kentucky1
Louisiana2
Massachusetts7
Maryland1
Maine2
Michigan6
Minnesota3
Missouri1
Montana1
North Carolina10
Nebraska4
New Hampshire2
New Jersey5
New York15
Ohio7
Oklahoma5
Oregon4
Pennsylvania1
Rhode Island3
South Carolina7
Tennessee1
Texas10
Washington6
Wisconsin3
West Virginia1
International2
Total174

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