Foundation Of The South Central Association Of Blood Banks in Austin, Texas (TX)

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Foundation Of The South Central Association Of Blood Banks
Employer Identification Number (EIN)742465931
Name of OrganizationFoundation Of The South Central Association Of Blood Banks
AddressPO BOX 4679, Austin, TX 78765-4679
ActivitiesEndowment fund or financial services
SubsectionCharitable Organization
Ruling Date07/1987
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 Period04/2014
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$154,534
Amount of Income$4,554
Form 990 Revenue Amount$4,554


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$8,753$7,793
Contributions, gifts, grants, and similar amounts received$0$2,570
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$8,753$5,223
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$5,931$4,015
Total net assets$151,982$157,352
Excess/Deficit for the year$2,822$3,778
Net assets or fund balances at beginning of year$149,160$152,866
Other changes in net assets or fund balances$0$708
Net assets or fund balances at end of year$157,352
Balance Sheets
20122013
Total assets$151,982$157,352
Total liabilities$0$0
Net assets or fund balances$151,982$157,352
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
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?No
Total amount involved$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$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?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
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$4,014
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