The Bass Charitable Corporation in Fort Worth, Texas (TX)

Organization representatives - add corrected or new information about The Bass Charitable Corporation »

Non-representatives - add comments about The Bass Charitable Corporation»

The Bass Charitable Corporation
Employer Identification Number (EIN)752308846
Name of OrganizationThe Bass Charitable Corporation
Address201 Main St Ste 2300, Fort Worth, TX 76102-3137
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date10/1990
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$35,744,680
Amount of Income$18,108,061
Form 990 Revenue Amount$1,133,524

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 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$1,073,000$1,073,000$348,372
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$69
Dividends and interest from securities$348,303
Gross rents$0
Gross sales price for all assets$6,443,354
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$2,119,612$19,612$19,612$2,100,000
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$4,341
Accounting fees$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$19,612$19,612$0
Contributions, gifts, grants paid$2,100,000
Excess of revenue over expenses and disbursements$-1,046,612
Net investment income$1,053,388
Adjusted net income$328,760
Balance Sheets
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$40,515,474$47,933,852$39,468,862$49,111,220
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
Other assets$0$0
Total liabilities$1$1
Mortgages and other notes payable$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$40,515,474$39,468,862
Capital Gains and Losses for Tax on Investment Income
Capital gain net income$554,029$724,628
Net capital loss$0$0
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNo
Tax based on investment income$11,301$10,534
Total credits and payments$14,280$11,979
Current year estimated tax payments and previous year's overpayment credited to current year$8,080$11,979
Exempt foreign organizations-tax withheld at source$0$0
Tax paid with application for extension of time to file (Form 8868)$6,200$0
Backup withholding erroneously withheld$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$0$0
Amount to be credited to next year's estimated tax$2,979$1,445
Statements Regarding Activities
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?YesYes
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?NoNo
Did any persons become substantial contributors during the tax year?NoNo
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
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
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$48,662,668$50,016,362
Net value of noncharitable-use assets$47,932,728$49,266,117
Minimum investment return$2,396,636$2,463,306
Distributable Amount
Distributable amount$2,385,335$2,452,772
Undistributed Income
Distributable amount for this year$2,385,335$2,452,772
Undistributed income for this year. This amount must be distributed in the next year$2,055,053$2,407,825
Private Operating Foundations (for 2010 - 2013)
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
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$69$0
Dividends and interest from securities$348,303$0
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:
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


Your Review

Would you recommend The Bass Charitable Corporation to others? (optional)
Add photo of The Bass Charitable Corporation (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»
Other organizations in Texas
IdNameAddressStateEstablishedTotal Income
1Arrow Child And Family Ministries, Maryland2929 Fm 2920 Rd, Spring, TX 77388-3428TX2003-05$12,852,822
2The Arthur Nagel Community Clinic IncPO BOX 519, Bandera, TX 78003-0519TX2008-01$476,106
3The Associated General Contractors Of Southeast Texas Inc5458 Avenue A, Beaumont, TX 77705-6402TX1941-11$380,133
4The Association For The Developmentally DisabledPO BOX 680084, Houston, TX 77268-0084TX1987-07$91,259
5The Association Of Waldorf Schools For Greater Houston Incorporated5331 Beverlyhill St Apt 1, Houston, TX 77056-6915TX1987-11$805
6The Austin School For The Performin G & Visual Arts1110 Guadalupe St, Austin, TX 78701TX2006-12$271,876
7The Awty International School, Awty International School7455 Awty School Ln, Houston, TX 77055-7222TX1973-02$37,581,147
8The B Jean Lathrop Benton TrustPO BOX 831041, Dallas, TX 75283-1041TX1998-04$119,022
9The Bar Association For The U S District Court For The Eastern, District Of Texas300 N Travis St, Sherman, TX 75090-5925TX1996-12$312,943
10The Bart@scharlach Memorial Foundation IncPO BOX 2083, Mt Pleasant, TX 75456-2083TX2004-12$13,844
11The Bass Charitable Corporation201 Main St Ste 2300, Fort Worth, TX 76102-3137TX1990-10$18,108,061
12The Beasley Foundation4717 Harley Ave, Fort Worth, TX 76107-3713TX1978-01$17,297
13The Beehive Parent Child Center Inc3756 University Blvd, Houston, TX 77005-2828TX1985-10$169,868
14The Bettye & Murphy George FoundationPO BOX 1387, Lufkin, TX 75902-1387TX1997-09$346,318
15The Bjt Foundation6405 Rolling Hills Ln, Brenham, TX 77833-7746TX2002-04$8,001
16The Blalockgrange Hall CementeryP O Box 401, Marshall, TX 75671TX1989-06$21,965
17The Bock Foundation210 Lavaca St Apt 2502, Austin, TX 78701-4590TX2000-07$506,913
18The Boo Benefit, Charles M Chaler430 Suburban Acres Rd, Marshall, TX 75672-1552TX2006-02$386,670
19The Bowling Foundation, Bowling Foundation621 Six Flags Dr, Arlington, TX 76011-6305TX1994-08$76,989
20The Brazos Valley Masonic Library And Museum AssociationPO BOX 10110, College Sta, TX 77842-0110TX1985-12$24,166 is not associated with, endorsed by, or sponsored by The Bass Charitable Corporation and has no official or unofficial affiliation with The Bass Charitable Corporation