Bernard M And Audrey Jaffe Foundation in Bellingham, Washington (WA)

Bernard M And Audrey Jaffe Foundation
Employer Identification Number (EIN)	911409921
Name of Organization	Bernard M And Audrey Jaffe Foundation
Address	PO BOX 1151, Bellingham, WA 98227-1151
Activities	Gifts, grants, or loans to other organizations
Subsection	Charitable Organization
Ruling Date	04/1988
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	03/2014
Assets	$500,000 to $999,999
Income	$100,000 to $499,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$802,652
Amount of Income	$172,230
Form 990 Revenue Amount	$83,437

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2014)
Total revenue	$55,218	$55,218	$49,742
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$953
Dividends and interest from securities	$48,789
Gross rents	$0
Gross sales price for all assets	$122,488
Gross profit from sales of goods	$0
Other income	$0
Other	$5,476
Total expenses and disbursements	$171,298	$874	$0	$170,000
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$1,169
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$1,298	$874		$0
Contributions, gifts, grants paid	$170,000
Excess of revenue over expenses and disbursements	$-116,080
Net investment income		$54,344
Adjusted net income			$49,742

	2012		2013		2014
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$1,103,848	$1,363,689	$919,662	$1,143,206	$802,652	$1,057,707
Cash - non-interest-bearing	$0		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$1,093,071		$912,952		$791,860
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$1		$1		$1
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$0		$0
Total liabilities and net assets/fund balances	$1,103,848		$919,662		$802,652

	2012	2013	2014
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$18,683	$30,774	$5,476
Net capital loss	$0	$0	$0

	2012	2013	2014
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$823	$930	$1,087
Total credits and payments	$2,390	$1,567	$932
Current year estimated tax payments and previous year's overpayment credited to current year	$2,390	$1,567	$932
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$0	$0
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$0	$155
Overpayment		$637	$0
Amount to be credited to next year's estimated tax	$1,567	$637	$0

	2012	2013	2014
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?	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	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	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	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?	No	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2012	2013	2014
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?	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	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	No	No
Agree to pay money or property to a government official?	No	No	No
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	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	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
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	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
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?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
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	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	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	Yes
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	No	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	No	No
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	Yes
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2012	2013	2014
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$1,479,144	$1,344,407	$1,171,493
Net value of noncharitable-use assets		$1,324,241	$1,153,921
Minimum investment return	$72,848	$66,212	$57,696

	2012	2013	2014
Distributable Amount
Distributable amount	$72,025	$65,282	$56,609

	2012	2013	2014
Undistributed Income
Distributable amount for this year	$72,025	$65,282	$56,609
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2014	2013	2012	2011	Total
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

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2014)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$953	$0
Dividends and interest from securities	$48,789	$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:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

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 Bernard M And Audrey Jaffe Foundation to others? (optional)

Yes

Add photo of Bernard M And Audrey Jaffe Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (18.224.64.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Fortress Of Faith in Bellingham, WA
Missionaries Of Divine Mercy in Bellingham, WA
South Beach Christian Outreach in Westport, WA
Impact Ministries With The Michalskis in Redmond, WA
Hoarding Project in Tacoma, WA
Sustainable Ne Seattle in Seattle, WA
Ray Hickey Foundation in Vancouver, WA
Percie Road Water Association in Custer, WA
Evergreen Empowerment Group in Tacoma, WA
Apple Valley T V Association in Wenatchee, WA

Recently Added Reviews

Fortress Of Faith in Bellingham, WA

Missionaries Of Divine Mercy in Bellingham, WA

South Beach Christian Outreach in Westport, WA

Impact Ministries With The Michalskis in Redmond, WA

Hoarding Project in Tacoma, WA

Sustainable Ne Seattle in Seattle, WA

Ray Hickey Foundation in Vancouver, WA

Percie Road Water Association in Custer, WA

Evergreen Empowerment Group in Tacoma, WA

Apple Valley T V Association in Wenatchee, WA

Id	Name	Address	State	Established	Total Income
Other organizations in Washington
1	Benton-Franklin Legal Aid Society	418 N Kellogg St Ste E, Kennewick, WA 99336-4947	WA	2003-05	$87,417
2	Benton-Franklin Support Network	C/O Michael Moran 1905 S Edison St, Kennewick, WA 99368	WA	1993-09	$133,064
3	Benton-Franklin Volunteer Center	900 S Dayton St Ste B, Kennewick, WA 99336-5667	WA	1979-06	$161,284
4	Benton-Franklin- Fair Association, Benton Franklin Fair & Rodeo	1500 S Oak St, Kennewick, WA 99337-6011	WA	2007-07	$2,461,343
5	Bering Sea Arbitration Organization	4917 Leary Ave Nw, Seattle, WA 98107-4816	WA	2005-11	$130,098
6	Bering Sea Crab Cooperative	101 Nickerson St, Seattle, WA 98109-1654	WA	2007-05	$69,002
7	Bering Sea Fisheries Research Foundation	23929 22nd Dr Se, Bothell, WA 98021-9626	WA	2007-04	$1,083,442
8	Bering Sea Marketing Association	2101 4th Ave Ste 2170, Seattle, WA 98121-2342	WA	1992-12	$6,850
9	Bernadette Place	12 E 5th Ave, Spokane, WA 99202-1309	WA	1946-03	$51,238
10	Bernard E Shultz Eagle Scout Foundation	1104 N E St, Aberdeen, WA 98520-2627	WA	1992-01	$61,750
11	Bernard M And Audrey Jaffe Foundation	PO BOX 1151, Bellingham, WA 98227-1151	WA	1988-04	$172,230
12	Berney Pta Walla Walla Council 12 6 5	1304 Fawcett Ave Ste 300, Tacoma, WA 98402-1901	WA	2005-11	$19,477
13	Bernstein Family Foundation	12033 12th Ave Nw, Seattle, WA 98177-4620	WA	1987-07	$43,652
14	Berquist Ministries International Inc	PO BOX 5339, Kent, WA 98064-5339	WA	1982-01	$31,634
15	Berry Good School Inc	16402 Jungquist Road, Mount Vernon, WA 98273	WA	1998-02	$28,659
16	Bess Hampton Memorial Gardens Association	PO BOX 347, Othello, WA 99344-0347	WA	1964-07	$101,733
17	Best Little Rabbit Rodent & Ferret	8030 Ne Bothell Way Ste B, Kenmore, WA 98028-1823	WA	2001-11	$161,840
18	Alaska Seafood Cooperative	4241 21st Ave W Ste 302, Seattle, WA 98199-1250	WA	2008-11	$640,000
19	Beta Alpha Psi National Council	Po Box 353200 Ph 199, Seattle, WA 98195	WA	1974-02	$0
20	Beta Omega House Corp Of Delta Gamma Fraternity	901 Beeson Cutoff Rd, Palouse, WA 99161-9799	WA	2009-06	$265,136

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Bernard M And Audrey Jaffe Foundation and has no official or unofficial affiliation with Bernard M And Audrey Jaffe Foundation