Sterling Fund And Fellowship Foundation 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
| Sterling Fund And Fellowship Foundation | |
| Employer Identification Number (EIN) | 066057010 |
| Name of Organization | Sterling Fund And Fellowship Foundation |
| In Care of Name | Chase Manhattan Bank |
| Address | 10 S Dearborn, Chicago, IL 60603-2300 |
| Activities | Scientific research (diseases), Contact or sponsored scientific research for industry, Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 07/1954 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $356,769 |
| Amount of Income | $304,015 |
| Form 990 Revenue Amount | $8,065 |
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 | $7,715 | $7,715 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $6,810 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $905 | |||
| Total expenses and disbursements | $23,682 | $5,082 | $0 | $18,557 |
| Compensation of officers, directors, trustees, etc. | $6,666 | |||
| Total operating and administrative expenses | $6,792 | $5,082 | $1,667 | |
| Contributions, gifts, grants paid | $16,890 | |||
| Excess of revenue over expenses and disbursements | $-15,967 | |||
| Net investment income | $2,633 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $346,699 | $375,522 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $198,700 | |
| Investments-corporate bonds | $144,458 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $3,541 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $346,699 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $905 |
| 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 | $53 |
| Total credits and payments | $110 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $110 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $57 |
| Amount to be credited to 2013 estimated tax | $57 |
| 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 | $378,829 |
| Net value of noncharitable-use assets | $373,140 |
| Minimum investment return | $18,657 |
| Distributable Amount (for 2012) | |
| Distributable amount | $18,604 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $18,604 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $16,938 |
| 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 | St Johns Guild | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1970-12 | $282,107 |
| 2 | St Josephs Burse Trust | 10 South Dearborn St, Chicago, IL 60603-2300 | IL | 1997-02 | $11,717 |
| 3 | St Luke Union Church Trust 2642010510 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1998-07 | $108,879 |
| 4 | St Lukes Episcopal Church Of Denison Texas Trust Uw W J Smith | 10 S Dearborn St, Chicago, IL 60603-2300 | IL | 1992-02 | $102,138 |
| 5 | St Pauls United Methodist Church Fund P62392009 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1993-11 | $878,236 |
| 6 | Stansbury Trust 2642011910 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $95,228 | |
| 7 | Stella M Kemble Trust 8337 4883 00 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2000-01 | $53,430 |
| 8 | Stephen Douglas Kander Scholarship Fund | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1997-02 | $14,471 |
| 9 | Stephen N Boothe Tr U/W, Chase Manhattan Bank Of Ct | 10 S Dearborn Ili-0117, Chicago, IL 60603-2300 | IL | 1972-05 | $257,140 |
| 10 | Stephen Thomsas Comstock Memorial, Trust | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1970-12 | $72,131 |
| 11 | Sterling Fund And Fellowship Foundation | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1954-07 | $304,015 |
| 12 | Steve & Sarah Wheeler Charitable Tr 9371934800 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1998-04 | $1,128,598 |
| 13 | Stevenson Foundation Trust No | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1969-08 | $36,214 |
| 14 | Stewart S Macdermott Charitable Foundation | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $255,444 | |
| 15 | Sue M Dophied Charitable Trust 8339189900 R76819003 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1983-02 | $74,518 |
| 16 | Sumner D Fay Fund | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1970-12 | $233,988 |
| 17 | Sunshine Ballard Trust Fbo Memorial Wing | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 2008-03 | $79,734 |
| 18 | Susan Cook House Education Tr, Bank One Trust Co Ttee | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1972-06 | $2,619,183 |
| 19 | Susan Cook House Presbyterian Home Trust | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1972-07 | $64,348 |
| 20 | Suzanne H Lee Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1972-08 | $216,207 |
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