Freddie Foundation in Washington, Utah (UT)

Organization representatives - add corrected or new information about Freddie Foundation »

Non-representatives - add comments about Freddie Foundation»

Freddie Foundation
Employer Identification Number (EIN)412099864
Name of OrganizationFreddie Foundation
In Care of NameAlfred Nelson
Address760 Bandolier Ln, Washington, UT 84780-8443
SubsectionCharitable Organization
Ruling Date10/2003
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$500,000 to $999,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$673,317
Amount of Income$29,895
Form 990 Revenue Amount$3,178
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Senior Citizens' Housing/Retirement Communities


Non-representatives - add comments:


CAPTCHA

Your IP address 3.215.182.36 will be logged.

Amount of income in 2014: $29,895 (it was $46,008 in 2013)
Freddie Foundation: 

 $29,895
Other organizations performing similar types of work: 

 $284,463

Assets in 2014: $673,317 (it was $691,658 in 2013)
Freddie Foundation: 

 $673,317
Other organizations performing similar types of work: 

 $1,921,874

Expenses in 2013: $2,606
Freddie Foundation: 

 $2,606
Other organizations performing similar types of work: 

 $319,873

Income to expenses ratio in 2013: 11.5
Freddie Foundation: 

 11.5
Other organizations performing similar types of work: 

 1.0

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

 0.0%
Other organizations performing similar types of work: 

 0.5%

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$46,008$46,008$10,381
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$10,381
Gross rents$0
Gross sales price for all assets$35,627
Gross profit from sales of goods$0
Other income$0
Other$35,627
Total expenses and disbursements$2,606$2,606$2,606$2,606
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$2,406
Legal fees$0
Accounting fees$200
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$2,606$2,606$2,606
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$43,402
Net investment income$43,402
Adjusted net income$7,775
Balance Sheets
20122013
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$627,307$627,307$691,658$691,658
Cash - non-interest-bearing$0$0
Investments-U.S. and state government obligations$0$0
Investments-corporate stock$424,500$470,018
Investments-corporate bonds$0$0
Investments-mortgage loans$0$0
Investments-other$0$0
Other assets$211,672
Total liabilities$1$1
Mortgages and other notes payable$0$0
Other liabilities$0
Total liabilities and net assets/fund balances$627,307$691,658
Capital Gains and Losses for Tax on Investment Income
20122013
Capital gain net income$0$35,627
Net capital loss$0$0
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$868
Total credits and payments$0$868
Current year estimated tax payments and previous year's overpayment credited to current year$0$0
Exempt foreign organizations-tax withheld at source$0$0
Tax paid with application for extension of time to file (Form 8868)$0$868
Backup withholding erroneously withheld$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$0
Overpayment$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?No
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?No
Has the foundation filed a tax return on Form 990-T for this year?No
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?Yes
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?No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041No
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?No
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?No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?YesYes
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?No
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?No
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?No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
Minimum Investment Return
20122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$688,200$659,483
Net value of noncharitable-use assets$649,591
Minimum investment return$33,894$32,480
Distributable Amount
20122013
Distributable amount$33,461$31,612
Undistributed Income
20122013
Distributable amount for this year$33,461$31,612
Undistributed income for this year. This amount must be distributed in the next year$24,056$31,612
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$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$0$0
Dividends and interest from securities$0$10,381
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 Freddie Foundation to others? (optional)
  
Add photo of Freddie 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
1Skidaway Health And Living Services Inc95 Skidaway Island Park Road, Savannah, GA 31411-1104GA1999-11$17,690,138
2Bccu Inc Clearfield1481 E 1450 S, Clearfield, UT 84015-1610UT1993-11$16,252,645
3St Louis Life2001 E Terra Ln, Ofallon, MO 63366-4434MO2006-01$957,241
4Saugatucket Springs Inc861a Broad St, Providence, RI 02907-1768RI2003-11$470,399
5St Mary Magdlene Apartments IncPO BOX 93108, Lafayette, LA 70509-3108LA2004-03$105,388
6Unlimited Development Inc285 S Farnham St, Galesburg, IL 61401-5323IL1996-12$85,769,554
7The Terraces At San Joaquin Gardens6120 Stoneridge Mall Rd 3rd Fl, Pleasanton, CA 94588CA2008-03$78,867,026
8The Groves In Lincoln Inc88 Masonic Home Road, Charlton, MA 01507-1394MA2007-08$78,107,274
9Sqlc Senior Living Center At Corpus Christi Inc12720 Hillcrest Rd Ste 106, Dallas, TX 75230-7121TX2008-07$37,918,967
10Masonic Home Independent Living Ii Inc3761 Johnson Hall Dr, Masonic Home, KY 40041-9002KY2011-06$37,641,215
11Concordia Lutheran Ministries Of Pittsburgh, Concordia Of The South Hills1300 Bower Hill Rd, Pittsburgh, PA 15243-1388PA2010-02$35,145,017
12Salt Foundation1102 Virginia Ave, Murfreesboro, TN 37130-5042TN2008-05$32,153,490
13Mclean Affiliates Inc75 Great Pond Rd, Simsbury, CT 06070-1980CT2008-05$31,747,188
14Rocky Mountain Care-Holladay Inc, Rocky Mountain Care-Holladay5242 South College Dr, Murray, UT 84123-2653UT1994-05$14,191,128
15Bountiful Retreat Inc485 E 500 S, Bountiful, UT 84010-3801UT2001-03$421,010
16John Taylor House Ii IncPO BOX 526182, Salt Lake Cty, UT 84152-6182UT1997-03$376,075
17Taylorsville Senior Housing Corporation223 W 700 S Ste C, Salt Lake Cty, UT 84101-2718UT2009-03$276,221
18Freddie Foundation760 Bandolier Ln, Washington, UT 84780-8443UT2003-10$29,895
19Community Housing Partners Inc1611 E 2450 S Bldg 1 Ste A, St George, UT 84790-6524UT2014-10$0
20Friends Building On The Rock2355 Bonniebrook Dr 1, Taylorsville, UT 84118UT2004-10$0
Number of organizations performing similar types of work
Alaska13
Alabama39
Arkansas54
Arizona36
California254
Colorado60
Connecticut29
District of Columbia9
Delaware8
Florida162
Georgia94
Hawaii13
Iowa34
Idaho8
Illinois82
Indiana47
Kansas26
Kentucky31
Louisiana50
Massachusetts80
Maryland68
Maine21
Michigan95
Minnesota109
Missouri60
Mississippi16
Montana11
North Carolina75
North Dakota13
Nebraska21
New Hampshire18
New Jersey69
New Mexico15
Nevada6
New York174
Ohio130
Oklahoma35
Oregon56
Pennsylvania120
Rhode Island26
South Carolina38
South Dakota11
Tennessee79
Texas157
Utah8
Virginia57
Vermont13
Washington51
Wisconsin58
West Virginia12
Wyoming8
International77
Total2,836

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