Jack & Lovell Olender Foundation in Washington, District of Columbia (DC)

Organization representatives - add corrected or new information about Jack & Lovell Olender Foundation »

Non-representatives - add comments about Jack & Lovell Olender Foundation»

Jack & Lovell Olender Foundation
Employer Identification Number (EIN)521622462
Name of OrganizationJack & Lovell Olender Foundation
Address888 17th St Nw Fl 4, Washington, DC 20006-3311
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date05/1989
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$99,865
Amount of Income$463,583
Form 990 Revenue Amount$332,015

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2011

Expenses for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$332,015$114,797$0
Contributions, gifts, grants, etc., received$331,568
Interest on savings and temporary cash investments$29
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$292,301$0$0$283,896
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$15,350$0$6,945
Contributions, gifts, grants paid$276,951
Excess of revenue over expenses and disbursements$39,714
Net investment income$114,797
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$99,865$99,865
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Total liabilities$0
Total liabilities and net assets/fund balances$99,865
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$418
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$1,148
Total credits and payments$2,500
2011 estimated tax payments and 2010 overpayment credited to 2011$0
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$2,500
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$16
Amount to be credited to 2012 estimated tax$1,336
Statements Regarding Activities (for 2011)
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 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?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 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$52,322
Net value of noncharitable-use assets$51,540
Minimum investment return$2,577
Distributable Amount (for 2011)
Distributable amount$1,429
Undistributed Income (for 2011)
Distributable amount for 2011$1,429
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
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
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


Your Review

Would you recommend Jack & Lovell Olender Foundation to others? (optional)
Add photo of Jack & Lovell Olender Foundation (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»
Recently Added Reviews
International Mission Evangelism-, International Missions Church in Washington, DC
Athletes United For Social Justice in Washington, DC
Environmental Research Institute Of The States, Eris in Washington, DC
Safe Streets Alliance in Washington, DC
Save Americas Forests Inc in Washington, DC
Friends Of Ridge Road in Washington, DC
Childrens Chorus Of Washington in Washington, DC
Creative Currency Inc in Washington, DC
Karluway Development Association Usa Inc in Far Rockaway, NY
Just Church Inc in Zephyrhills, FL
Other organizations in District of Columbia
IdNameAddressStateEstablishedTotal Income
1J C Osborne Charitable Foundation3454 Newark St Nw, Washington, DC 20016-3166DC2005-03$26,182
2J C Watts Foundation Inc300 New Jersey Ave Nw Ste 650, Washington, DC 20001-2081DC2003-09$14,035
3J Finley Wilson Scholarship Trust2400 6th St Nw, Washington, DC 20059-0001DC1972-05$41,150
4J H P Inc1526 Pennsylvania Ave Se, Washington, DC 20003-3116DC1989-03$2,002,673
5J O B S Coalition Inc-Job Opportunities Build Success4415 S Capitol St Sw, Washington, DC 20032-2107DC2004-09$114,073
6J O S H U A Foundation315 Jefferson St Nw, Washington, DC 20011-3123DC2001-12$88,113
7J Street1828 L St Nw Ste 240, Washington, DC 20036-5105DC2009-02$3,133,242
8J W Saxe Memorial Fund1524 31st St Nw, Washington, DC 20007-3074DC1985-01$25,418
9Jacana1425 K St Nw Ste 350, Washington, DC 20005-3514DC2004-07$1,023,791
10Jack & Jill Of America Inc, Washington Dc Chapter4801 Colorado Ave Nw, Washington, DC 20011-3731DC1964-10$0
11Jack & Lovell Olender Foundation888 17th St Nw Fl 4, Washington, DC 20006-3311DC1989-05$463,583
12Jack D & Fredda S Sparks Foundation Incorporated318 A St Se, Washington, DC 20003-3832DC1987-01$156,469
13Jackson Art Center3048 1/2 R St Nw, Washington, DC 20007-2983DC2003-03$216,806
14Jacob & Charlotte Lehrman Foundation Inc1836 Columbia Rd Nw, Washington, DC 20009-2002DC1955-03$2,428,903
15Jacobs Institute Of Womens Health2021 K St Nw 800, Washington, DC 20006DC1990-10$352,050
16Jamaa Extended Family607 Raleigh Pl Se, Washington, DC 20032-4221DC2002-12$43,513
17Jamaican Nationals Association IncPo Box 77641, Washington, DC 20013-8641DC1982-08$0
18Jamaican Women Of Washington Inc1776 Eye St Nw Ste 900, Washington, DC 20006-3757DC2004-05$47,122
19Jambo Africa Child Hope1810 16th St Nw, Washington, DC 20009-3304DC2007-12$7,248
20James And Elizabeth Pickman Foundation Inc3464 Macomb St Nw, Washington, DC 20016-3160DC2007-03$179,490

faqs.org is not associated with, endorsed by, or sponsored by Jack & Lovell Olender Foundation and has no official or unofficial affiliation with Jack & Lovell Olender Foundation