The Cecil And Irene Hylton Foundation Inc in Dale City, Virginia (VA)

Organization representatives - add corrected or new information about The Cecil And Irene Hylton Foundation Inc »

Non-representatives - add comments about The Cecil And Irene Hylton Foundation Inc»

The Cecil And Irene Hylton Foundation Inc
Employer Identification Number (EIN)521633658
Name of OrganizationThe Cecil And Irene Hylton Foundation Inc
Address5593 Mapledale Plz, Dale City, VA 22193-4527
ActivitiesSupplying money, goods or services to the poor
SubsectionCharitable Organization
Ruling Date07/1989
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$91,655,544
Amount of Income$18,783,075
Form 990 Revenue Amount$1,880,239


Non-representatives - add comments:


CAPTCHA

Your IP address 3.93.59.171 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$4,111,707$3,101,001$0
Contributions, gifts, grants, etc., received$1,045,000
Interest on savings and temporary cash investments$39,914
Dividends and interest from securities$1,254,918
Gross rents$11,550
Gross sales price for all assets$15,727,871
Gross profit from sales of goods$0
Other income$703,822
Other$1,056,503
Total expenses and disbursements$4,584,435$280,566$0$4,228,721
Compensation of officers, directors, trustees, etc.$235,526
Pension plans, employee benefits$0
Legal fees$19,541
Accounting fees$0
Interest$0
Depreciation$3,491
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$598,127$280,566$242,413
Contributions, gifts, grants paid$3,986,308
Excess of revenue over expenses and disbursements$-472,728
Net investment income$2,820,435
Adjusted net income$0
Balance Sheets
2010201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$98,636,688$101,084,986$95,335,310$87,235,227$92,123,447$96,708,706$91,655,544$97,076,534
Cash - non-interest-bearing$6,276$14,800$17,056$85,984
Investments-U.S. and state government obligations$8,835,089$11,433,016$12,986,596$18,485,236
Investments-corporate stock$8,755,894$9,084,832$9,616,118$10,907,355
Investments-corporate bonds$9,955,865$10,601,605$10,056,720$6,250,340
Investments-mortgage loans$2,764,608$2,764,608$2,735,808$0
Investments-other$9,955,362$7,225,566$5,897,512$141,350
Other assets$28,120,666$27,124,917$15,391,951$15,391,951
Total liabilities$66,491$26,489$26,490$18,292
Mortgages and other notes payable$0$0$0$0
Other liabilities$1$0$1$0
Total liabilities and net assets/fund balances$98,570,197$95,308,821$92,096,957$91,637,252
Capital Gains and Losses for Tax on Investment Income
2010201120122013
Capital gain net income$669,225$433,147$216,241$1,056,503
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
2010201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$16,710$14,113$15,977$56,409
Total credits and payments$48,100$31,390$17,277$56,353
Current year estimated tax payments and previous year's overpayment credited to current year$48,100$31,390$17,277$53,201
Exempt foreign organizations-tax withheld at source$0$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0$3,152
Backup withholding erroneously withheld$0$0$0$0
Any penalty for underpayment of estimated tax$0$0$0$0
Tax due$0$0$0$56
Overpayment$31,390$17,277$1,300$0
Amount to be credited to next year's estimated tax$31,390$17,277$1,300$0
Statements Regarding Activities
2010201120122013
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?NoNoNoNo
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?NoNoNoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNoNoNo
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?YesYesYesYes
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?NoNoNoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNoNoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYesYesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNoNoNo
Statements Regarding Activities for Which Form 4720 May Be Required
2010201120122013
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?NoNoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNoYes
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?NoNoNoNo
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?NoNoNoNo
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?NoNoNoNo
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?NoNoNoNo
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?NoNoNoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNoNo
Minimum Investment Return
2010201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$85,955,613$97,634,114$97,707,586$80,572,621
Net value of noncharitable-use assets$84,666,279$96,169,602$96,241,972$79,364,032
Minimum investment return$4,233,314$4,808,480$4,812,099$3,968,202
Distributable Amount
2010201120122013
Distributable amount$4,216,604$4,794,367$4,796,122$3,911,793
Undistributed Income
2010201120122013
Distributable amount for this year$4,216,604$4,794,367$4,796,122$3,911,793
Undistributed income for this year. This amount must be distributed in the next year$0$0$0$0
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$39,914$0
Dividends and interest from securities$1,254,918$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:
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 The Cecil And Irene Hylton Foundation Inc to others? (optional)
  
Add photo of The Cecil And Irene Hylton Foundation Inc (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 Virginia
IdNameAddressStateEstablishedTotal Income
1Tazewell Area Chamber Of Commerce165 Chamber Dr, Tazewell, VA 24651-8548VA2014-08$29,216
2Tazewell Co Lodge No 198 Inc Loyal Order Of Moose, Women Of The Moose - Chapter 1803P O Box 337, Tazewell, VA 24651VA1940-05$436,061
3Tc Miller Parent Teacher Organization600 Mansfield Ave, Lynchburg, VA 24501-3340VA1995-03$1,691
4Tdn Enterprises Inc, The Cold Call Chronicle100 Darden Blvd, Charlottesville, VA 22903VA1997-11$0
5Technology Student Association, Group1914 Association Drive, Reston, VA 20191-1538VA1980-07$1,339,277
6Telework ConsortiumPO BOX 377, Waterford, VA 20197VA2003-05$147,894
7The 116th Infantry Regiment Foundation IncPo Box 116, Staunton, VA 24402VA2010-12$0
8The Academy Awards Of Washington Inc4645 28th Rd S Apt B, Arlington, VA 22206-4121VA1989-07$15,845
9The Alexandria Education PartnershipPO BOX 1179, Alexandria, VA 22313-1179VA1990-11$27,745
10The American Unity Legal Defense Fund IncPO BOX 420, Warrenton, VA 20188-0420VA2001-08$63,057
11The Cecil And Irene Hylton Foundation Inc5593 Mapledale Plz, Dale City, VA 22193-4527VA1989-07$18,783,075
12The Chatata Trust10717 Rosehaven St, Fairfax, VA 22030-2826VA1989-09$1,344
13The Christian Mission Foundation Inc10 27th St Se, Roanoke, VA 24014-3347VA1994-01$54,780
14The Enterprise School5048 Free State Rd, Marshall, VA 20115-3063VA1975-05$628,791
15The Institute For Biblical Counseling11108 Farm Rd, Great Falls, VA 22066-1534VA1995-10$61,719
16The Laila Rose Foundation9409 Ludgate Drive, Alexandria, VA 22309VA2006-11$43,677
17The National Fencing Foundation Of Washington Dc Inc5401-B Port Royal Road, Springfield, VA 22151VA2008-03$2,064,417
18The Opequon Watershed Inc609 S Braddock St, Winchester, VA 22601VA1993-10$1,412
19The Pruden Center Foundation Inc4169 Pruden Blvd, Suffolk, VA 23434VA1992-07$0
20The Virginia Society For Mentally Retarded Children Charitable TrustPO BOX 17035, Richmond, VA 23226-7035VA2006-09$39,217

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Cecil And Irene Hylton Foundation Inc and has no official or unofficial affiliation with The Cecil And Irene Hylton Foundation Inc