Carol Clarkson Eklund Foundation in Belle Fourche, South Dakota (SD)

Organization representatives - add corrected or new information about Carol Clarkson Eklund Foundation »

Non-representatives - add comments about Carol Clarkson Eklund Foundation»

Carol Clarkson Eklund Foundation
Employer Identification Number (EIN)461450957
Name of OrganizationCarol Clarkson Eklund Foundation
In Care of NamePioneer Bank & Trust Jeb Clarkson
AddressPO BOX 729, Belle Fourche, SD 57717-0729
SubsectionCharitable Organization
Ruling Date05/2013
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$10,000 to $24,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1
Amount of Income$24,387
Form 990 Revenue Amount$504,186
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.197.64.207 will be logged.

Amount of income in 2013: $24,387 (it was $504,186 in 2012)
Carol Clarkson Eklund Foundation: 

 $24,387
Other organizations performing similar types of work: 

 $105,489

Assets in 2013: $1 (it was $487,860 in 2012)
This organization: 

 $1
Other organizations performing similar types of work: 

 $325,460

Expenses in 2013: $32,314
This organization: 

 $32,314
Other organizations performing similar types of work: 

 $49,058

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 62.1%
Carol Clarkson Eklund Foundation: 

 62.1%
Other organizations performing similar types of work: 

 22.8%

Financial snapshot ($)

Revenue for 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$21,486$8,309$0
Contributions, gifts, grants, etc., received$13,339
Interest on savings and temporary cash investments$1,505
Dividends and interest from securities$6,804
Gross rents$0
Gross sales price for all assets$2,739
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$32,314$0$0$26,500
Compensation of officers, directors, trustees, etc.$5,814
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$1,500
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$7,314$0$1,500
Contributions, gifts, grants paid$25,000
Excess of revenue over expenses and disbursements$-10,828
Net investment income$8,309
Adjusted net income$0
Balance Sheets
20122013
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$487,860$487,860$1$506,821
Cash - non-interest-bearing$0$0
Investments-U.S. and state government obligations$0$0
Investments-corporate stock$0$0
Investments-corporate bonds$0$0
Investments-mortgage loans$0$0
Investments-other$0$0
Other assets$0$0
Total liabilities$0$1
Mortgages and other notes payable$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$487,860$0
Capital Gains and Losses for Tax on Investment Income
20122013
Capital gain net income$0$0
Net capital loss$0$-162
Excise Tax Based on Investment Income
20122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNo
Tax based on investment income$0$166
Total credits and payments$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$0$166
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0
Statements Regarding Activities
20122013
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?NoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?NoNo
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoYes
Did any persons become substantial contributors during the tax year?YesYes
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
20122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNo
Agree to pay money or property to a government official?NoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNo
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)?NoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
20122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$243,930$411,685
Net value of noncharitable-use assets$240,271$405,510
Minimum investment return$1,050$20,276
Distributable Amount
20122013
Distributable amount$0$0
Undistributed Income
20122013
Distributable amount for this year$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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$26,500$15,850$0$0$42,350
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$13,517$700$0$0$14,217
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
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$0$8,309
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Carol Clarkson Eklund Foundation to others? (optional)
  
Add photo of Carol Clarkson Eklund Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Milo Stip Charitable Remainder Unitrust, Donald Threadgold Ttee300 Cherapa Place, Sioux Falls, SD 57103-2269SD2010-10$11,349,499
2Raft Charitable Foundation401 E 8th St Ste 319, Sioux Falls, SD 57103-7031SD2009-03$3,326,008
3South Dakota Education Access Foundation115 1st Ave Sw, Aberdeen, SD 57401-4124SD2009-06$1,233,292
4Robert And Rita Elmen Foundation2901 W 11th St, Sioux Falls, SD 57104-2538SD2006-12$1,011,711
5Brass Family Foundation46652 278th St, Lennox, SD 57039-5342SD2007-06$895,723
6Emerald Foundation401 E 8th St Ste 319, Sioux Falls, SD 57103-7031SD2009-03$723,822
7Yockey Foundation902 Pebble Beach No 300, Dakota Dunes, SD 57049-5107SD2014-07$513,804
8Tessier Family Foundation IncBankwest/420 S Pierre St/ Box 998, Pierre, SD 57501SD2006-01$416,864
9Warren Lindquist Tr Uw330 S Poplar Ave Ste 103, Pierre, SD 57501-2476SD2010-08$194,173
10Wolfe Family Charitable Foundation201 South Phillips Avenuesuite 200, Sioux Falls, SD 57104SD2008-09$152,500
11Norman And Sheila Bernstein Foundation377 W Sawgrass Trl, Dakota Dunes, SD 57049-5129SD2014-07$91,368
12Renee Rebecca And Richard Elmen FoundationPO BOX 5103, Sioux Falls, SD 57117-5103SD2001-01$35,193
13Carol Clarkson Eklund FoundationPO BOX 729, Belle Fourche, SD 57717-0729SD2013-05$24,387
14Adams Thermal Systems Foundation47920 W 5th St, Canton, SD 57013-5802SD2014-02$17,530
15Vasilius Family Foundation, Corundum Trust Company Llc Ttee401 E 8th St Ste 303, Sioux Falls, SD 57103-7032SD2006-06$4
16Rob And Miriam Broin Faith Foundation3220 E Old Orchard Traikl, Sioux Falls, SD 57103SD2008-04$1
17Bowdle Hospital8001 West 5th St, Bowdle, SD 57428SD2005-10$0
18Children Of Tanzania Plus Education Equals HopePo Box 417, Howard, SD 57349SD2015-02$0
19Frequency Foundation Inc6308 S Wicklow Ave, Sioux Falls, SD 57108-3233SD2007-09$0
20South Dakota Livestock Dealers Association Inc11426 Ridley Rd, St Onge, SD 57779SD2003-09$0
Number of organizations performing similar types of work
Alaska25
Alabama219
Arkansas78
Arizona303
California2,586
Colorado408
Connecticut419
District of Columbia111
Delaware583
Florida1,525
Georgia481
Hawaii85
Iowa178
Idaho58
Illinois1,113
Indiana311
Kansas157
Kentucky167
Louisiana161
Massachusetts705
Maryland425
Maine85
Michigan619
Minnesota384
Missouri346
Mississippi70
Montana69
North Carolina788
North Dakota20
Nebraska169
New Hampshire75
New Jersey876
New Mexico92
Nevada215
New York2,617
Ohio698
Oklahoma228
Oregon208
Pennsylvania1,086
Rhode Island184
South Carolina171
South Dakota32
Tennessee266
Texas1,263
Utah274
Virginia477
Vermont54
Washington401
Wisconsin354
West Virginia69
Wyoming63
International44
Total22,395

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Carol Clarkson Eklund Foundation and has no official or unofficial affiliation with Carol Clarkson Eklund Foundation