Nansemond Charitable Foundation Inc in Suffolk, Virginia (VA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Virginia
| Nansemond Charitable Foundation Inc | |
| Employer Identification Number (EIN) | 541291449 |
| Name of Organization | Nansemond Charitable Foundation Inc |
| Address | 453 W Washington St, Suffolk, VA 23434-5344 |
| Activities | "Unspecified" |
| Subsection | Charitable Organization |
| Ruling Date | 05/1986 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 08/2014 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $126,365 |
| Amount of Income | $9,388 |
| Form 990 Revenue Amount | $6,765 |
Non-representatives - add comments:
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $-413 | $3,119 | $3,119 | |
| Contributions, gifts, grants, etc., received | $2,000 | |||
| Interest on savings and temporary cash investments | $2 | |||
| Dividends and interest from securities | $3,117 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $8,778 | $2,368 | $0 | $6,410 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,368 | $2,368 | $0 | |
| Contributions, gifts, grants paid | $6,410 | |||
| Excess of revenue over expenses and disbursements | $-9,191 | |||
| Net investment income | $751 | |||
| Adjusted net income | $3,119 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $140,001 | $144,486 |
| Cash - non-interest-bearing | $25,980 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $114,021 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $140,001 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-5,532 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $15 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $15 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| 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? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | 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))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| 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)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $146,737 |
| Net value of noncharitable-use assets | $144,540 |
| Minimum investment return | $7,227 |
| Distributable Amount (for 2012) | |
| Distributable amount | $7,212 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $7,212 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| 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 |
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| Other organizations in Virginia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Naifa-Greater Washington D C | PO BOX 5153, Arlington, VA 22205-0253 | VA | 1959-06 | $101,065 |
| 2 | Naifa-Richmond | 3108 N Parham Road Suite 100a, Richmond, VA 23294 | VA | 1940-12 | $35,219 |
| 3 | Nailba Charitable Foundation | 11325 Random Hills Rd Ste 110, Fairfax, VA 22030-7409 | VA | 2006-09 | $273,475 |
| 4 | Naiop Inc | 2201 Cooperative Way 3rd Flr, Herndon, VA 20171-4583 | VA | 1970-03 | $12,505,726 |
| 5 | Naiop Research Foundation Inc | 2201 Cooperative Way, Herndon, VA 20171-4583 | VA | 2000-09 | $797,298 |
| 6 | Nals Inc, Rlsa - The Association For Legal Professionals | 8024 Lammermoor Court, Chesterfield, VA 23838 | VA | 1995-10 | $560,897 |
| 7 | Nami-Northern Virginia | PO BOX 8693, Reston, VA 20195-2593 | VA | 1991-08 | $149,435 |
| 8 | Nami-Virginia | PO BOX 8260, Richmond, VA 23226-0260 | VA | 1991-08 | $607,254 |
| 9 | Namme Foundation | 7950 Jones Branch Dr 3rd Fl, Mclean, VA 22102-3302 | VA | 1992-11 | $266,860 |
| 10 | Nancy Anne Charitable Foundation | 11049 Timberview Dr, Manassas Park, VA 20111-2942 | VA | 2001-01 | $20,107 |
| 11 | Nansemond Charitable Foundation Inc | 453 W Washington St, Suffolk, VA 23434-5344 | VA | 1986-05 | $9,388 |
| 12 | Nansemond County Farm Bureau Inc | 607 W Washington St, Suffolk, VA 23434-5756 | VA | 1945-04 | $139,720 |
| 13 | Nansemond County Training School Heritage Center | PO BOX 7324, Suffolk, VA 23437-0324 | VA | 2005-07 | $44,311 |
| 14 | Nansemond Suffolk Volunteer Rescue Squad Inc | PO BOX 3110, Suffolk, VA 23439-3110 | VA | 1978-07 | $243,193 |
| 15 | Nansemond-Suffolk Academy Association Incorporated | 3373 Pruden Blvd, Suffolk, VA 23434-7206 | VA | 1968-07 | $15,809,610 |
| 16 | Nansemond-Suffolk Academy Parent Teacher Organization | 3373 Pruden Blvd, Suffolk, VA 23434-7206 | VA | 1990-02 | $0 |
| 17 | Nap Foundation | 30 Catoctin Cir Se Ste C, Leesburg, VA 20175-3614 | VA | 2006-02 | $55,080 |
| 18 | Naphthalene Council Inc | 2308 Mount Vernon Ave, Alexandria, VA 22301-1328 | VA | 2007-12 | $95,065 |
| 19 | Napoleon Hill Foundation | PO BOX 1277, Wise, VA 24293-1277 | VA | 1966-12 | $1,194,243 |
| 20 | Napolitano Family Foundation Inc | 4460 Corporation Ln Ste 300, Virginia Bch, VA 23462-3150 | VA | 1985-10 | $27,052 |
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