Herman M Danke Trust in Chicago, Illinois (IL)
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 Illinois
| Herman M Danke Trust | |
| Employer Identification Number (EIN) | 066205957 |
| Name of Organization | Herman M Danke Trust |
| In Care of Name | Jpmorgan Chase Bank |
| Address | 10 S Dearborn, Chicago, IL 60603-2300 |
| Activities | Church, synagogue, etc, Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 03/1993 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $526,781 |
| Amount of Income | $274,287 |
| Form 990 Revenue Amount | $46,075 |
Non-representatives - add comments:
Revenue for 2012
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 | $27,692 | $28,243 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $11,889 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-551 | |||
| Other | $16,354 | |||
| Total expenses and disbursements | $36,377 | $5,895 | $0 | $28,880 |
| Compensation of officers, directors, trustees, etc. | $7,500 | |||
| Total operating and administrative expenses | $10,270 | $5,895 | $2,773 | |
| Contributions, gifts, grants paid | $26,107 | |||
| Excess of revenue over expenses and disbursements | $-8,685 | |||
| Net investment income | $22,348 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $517,621 | $577,269 |
| Cash - non-interest-bearing | $1,094 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $434,964 | |
| Investments-corporate bonds | $64,728 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $16,835 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $517,621 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $16,354 |
| Net capital loss | $0 |
| 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 | $447 |
| Total credits and payments | $800 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $800 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $353 |
| Amount to be credited to 2013 estimated tax | $353 |
| 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? | Yes |
| 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 | $572,729 |
| Net value of noncharitable-use assets | $564,140 |
| Minimum investment return | $28,207 |
| Distributable Amount (for 2012) | |
| Distributable amount | $27,760 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $27,760 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $24,987 |
| 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 Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Helen S Barnes Trust For Baton Rouge Area Foundation | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1990-04 | $2,629,597 |
| 2 | Helene Bare Embry & William Glenn Embry Charitable Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1986-07 | $1,069,618 |
| 3 | Helene Bare Embry & William Glenn Embry Charitable Trust Number Two | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1988-02 | $2,178,890 |
| 4 | Helmerich Tulsa Philharmonic Charitable Trust | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1985-10 | $1,315 |
| 5 | Henry Bunn Memorial Fund | 205 S 5th St Ste 930, Springfield, IL 62701-1280 | IL | 1956-12 | $338,348 |
| 6 | Henry H Buckley Foundation Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1943-01 | $118,293 |
| 7 | Henry Spenadel Fund Uw H Spenadel T3461 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1972-05 | $445,416 |
| 8 | Henry W Gregory Trust U Will 3202 City Trust Co, City Trust Co | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1995-05 | $371,527 |
| 9 | Henry W Seger Memorial Tr Fund | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1978-11 | $49,937 |
| 10 | Herbert B Boehl Charitable Tr | 10 S Dearnborn Il1-0117, Chicago, IL 60603-2300 | IL | $1,927,735 | |
| 11 | Herman M Danke Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1993-03 | $274,287 |
| 12 | Hesta Stuart Christian Charitable Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1973-09 | $2,185,806 |
| 13 | Hilda Mewborne Memorial Tr | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1994-08 | $2,713,721 |
| 14 | Hispanic Society Of America Tr No 2 Pv 14989 | 10 S Dearborn St 21 Fl, Chicago, IL 60603-2300 | IL | 1984-04 | $8,740,552 |
| 15 | Holt Family Scholarship Foundation, Marshall & Ilsey Trust Company | 111 W Monroe St, Chicago, IL 60603-4096 | IL | 1993-08 | $484,583 |
| 16 | Homer A Cole I T B 01 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $32,426 | |
| 17 | Homer Vanderblue Tr Uw Fd A P24957006 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2004-01 | $158,418 |
| 18 | Hood Memorial Trust Fund | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1979-05 | $761,839 |
| 19 | Howard Tw Mivhael Educational Trust Chase Lincoln First Bank | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $44,270 | |
| 20 | Hp Silver Trust 12626, Fbo Church Of Incarnation Etal | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1971-12 | $570,085 |
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