Vivian L Smith Foundation For Neurologic Research in Houston, Texas (TX)

Organization representatives - add corrected or new information about Vivian L Smith Foundation For Neurologic Research »

Non-representatives - add comments about Vivian L Smith Foundation For Neurologic Research»

Vivian L Smith Foundation For Neurologic Research
Employer Identification Number (EIN)742139770
Name of OrganizationVivian L Smith Foundation For Neurologic Research
Address1900 West Loop S Ste 1050, Houston, TX 77027-3295
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date03/1981
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$10,105,243
Amount of Income$3,383,098
Form 990 Revenue Amount$545,015
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations

Non-representatives - add comments:


Your IP address will be logged.

Amount of income in 2014: $3,383,098 (it was $3,640,177 in 2013)
Vivian L Smith Foundation For Neurologic Research: 

Other organizations performing similar types of work: 


Assets in 2014: $10,105,243 (it was $9,653,966 in 2013)
Vivian L Smith Foundation For Neurologic Research: 

Other organizations performing similar types of work: 


Expenses in 2014: $585,157
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2014: 5.8
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1,048,950$1,048,950$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$254,318
Gross rents$0
Gross sales price for all assets$3,128,525
Gross profit from sales of goods$0
Other income$255
Total expenses and disbursements$585,157$70,664$0$502,493
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$678
Accounting fees$3,631
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$95,416$70,664$12,752
Contributions, gifts, grants paid$489,741
Excess of revenue over expenses and disbursements$463,793
Net investment income$978,286
Adjusted net income$0
Balance Sheets
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$8,974,326$10,593,397$9,253,522$9,845,571$9,653,966$10,783,147$10,105,243$12,105,350
Cash - non-interest-bearing$5,344$5,115$5,800$5,598
Investments-U.S. and state government obligations$2,138,499$2,146,318$2,506,952$165,619
Investments-corporate stock$5,366,245$5,696,581$5,708,981$9,258,227
Investments-corporate bonds$38,620$38,620$0$0
Investments-mortgage loans$0$0$0$0
Other assets$15,958$13,995$0
Total liabilities$0$0$0$8,479
Mortgages and other notes payable$0$0$0$0
Other liabilities$0$0$0
Total liabilities and net assets/fund balances$8,974,326$9,253,522$9,653,966$10,096,764
Capital Gains and Losses for Tax on Investment Income
Capital gain net income$319,115$354,736$439,299$794,377
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$9,943$10,963$12,362$9,783
Total credits and payments$11,906$24,958$13,995$13,633
Current year estimated tax payments and previous year's overpayment credited to current year$11,906$15,958$13,995$13,633
Exempt foreign organizations-tax withheld at source$0$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$9,000$0$0
Backup withholding erroneously withheld$0$0$0$0
Any penalty for underpayment of estimated tax$5$0$0$0
Tax due$0$0$0
Amount to be credited to next year's estimated tax$1,958$13,995$1,633$3,850
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?NoNoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNoNo
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?NoNoYes
Has the foundation filed a tax return on Form 990-T for this year?NoNoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYesYes
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?NoNoNoNo
Did any persons become substantial contributors during the tax year?NoNoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNoNo
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?NoNoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?YesYesYesYes
Furnish goods, services, or facilities to (or accept them from) a disqualified person?YesYesYesYes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?YesYesYesYes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNoNo
Agree to pay money or property to a government official?NoNoNoNo
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?NoNoNo
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?NoNoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNoNo
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?NoNoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNoNo
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?NoNoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNoNo
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?NoNoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNoNo
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)?NoNoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNoNo
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?NoNoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$10,060,732$9,937,593$10,364,313$11,781,299
Net value of noncharitable-use assets$9,788,529$10,208,848$11,604,580
Minimum investment return$495,491$489,426$510,442$580,229
Distributable Amount
Distributable amount$485,548$478,463$498,080$570,446
Undistributed Income
Distributable amount for this year$485,548$478,463$498,080$570,446
Undistributed income for this year. This amount must be distributed in the next year$0$198,360$489,741$557,694
Private Operating Foundations (for 2011 - 2014)
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 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
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$254,318$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
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 Vivian L Smith Foundation For Neurologic Research to others? (optional)
Add photo of Vivian L Smith Foundation For Neurologic Research (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
1Eula Mae And John Baugh Foundation15329 Clevedon Ln, Houston, TX 77040-1314TX1995-11$40,710,320
2Norman H Read 1985 TrustPO BOX 1, Amarillo, TX 79105-0001TX1996-10$4,855,737
3Vivian L Smith Foundation For Neurologic Research1900 West Loop S Ste 1050, Houston, TX 77027-3295TX1981-03$3,383,098
4Redman Foundation IncPO BOX 38567, Dallas, TX 75238-0567TX1995-11$2,300,377
5Rosemary Haggar Vaughan Family Foundation16135 Preston Rd Ste 212, Dallas, TX 75248-8510TX1995-06$1,328,678
6Sear Family Foundation4301 County Road 707, Cleburne, TX 76031-7986TX1996-12$1,191,794
7J L Williams Foundation IncPO BOX 797464, Dallas, TX 75379-7464TX1997-03$1,182,017
8Tolleson Family Foundation5500 Preston Rd Ste 250, Dallas, TX 75205-2699TX1995-11$1,047,903
9The Isabell And J M Haggar Jr Charitable Foundation5500 Preston Rd Ste 250, Dallas, TX 75205-2699TX1995-06$734,331
10The John W And Alida M Considine Foundation519 Bolton Pl, Houston, TX 77024-4600TX1995-06$360,504
11The Bettye & Murphy George FoundationPO BOX 1387, Lufkin, TX 75902-1387TX1997-09$346,318
12Julia Lee Taubert Foundation, Hupp Donald J Ttee2520 E Elliott St, Wichita Falls, TX 76308-3707TX1995-01$344,419
13Tuw A M Pate Jr Charitable TrPO BOX 831041, Dallas, TX 75283-1041TX1995-02$92,732
14N O Simmons Foundation167 E Price Rd, Brownsville, TX 78521-3527TX1998-01$17,917
15Hand Foundation8500 Cypresswood Dr Ste 201, Spring, TX 77379-7109TX1996-01$17,415
16The Gorges Foundation1275 N Stuart Place Rd, Harlingen, TX 78552-4290TX1995-04$2,342
17Steve Heath Memorial Rotc Scholarship Trust, Heath Donald A Ttee12618 Sandpiper, San Antonio, TX 78233-2736TX1997-08$1,402
18Riddle Foundation9720 Cypresswood Dr Ste 212, Houston, TX 77070-3357TX1995-11$2
19Stephen Joel Weiss Charitable Foundation8544 W Bellfort St, Houston, TX 77071-2208TX1997-08$1
20Caldwell Family Foundation625 Austin St, San Angelo, TX 76903-6723TX1997-12$0
Number of organizations performing similar types of work
North Carolina7
New Hampshire2
New Jersey8
New Mexico1
New York56
Rhode Island5
South Carolina1
Total221 is not associated with, endorsed by, or sponsored by Vivian L Smith Foundation For Neurologic Research and has no official or unofficial affiliation with Vivian L Smith Foundation For Neurologic Research