Playmore Fuondation Inc in Atlanta, Georgia (GA)

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Playmore Fuondation Inc
Employer Identification Number (EIN)208112871
Name of OrganizationPlaymore Fuondation Inc
In Care of NameBennett Kight
Address3 Vernon Rd Nw, Atlanta, GA 30305-2963
SubsectionCharitable Organization
Ruling Date05/2007
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$61,439
Amount of Income$173
Form 990 Revenue Amount$344
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2012: $173 (it was $344 in 2011)
Playmore Fuondation Inc: 

 $173
Other organizations performing similar types of work: 

 $72,526

Assets in 2012: $61,439 (it was $62,648 in 2011)
This organization: 

 $61,439
Other organizations performing similar types of work: 

 $52,681

Financial snapshot ($)

Expenses for 2011

Assets 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$344$344$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$344
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$3,378$0$0$3,365
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$378$0$365
Contributions, gifts, grants paid$3,000
Excess of revenue over expenses and disbursements$-3,034
Net investment income$344
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$62,648$62,648
Cash - non-interest-bearing$6,529
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$56,119
Total liabilities$0
Total liabilities and net assets/fund balances$62,648
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$0
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$7
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$7
Amount to be credited to 2012 estimated tax$0
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$62,923
Net value of noncharitable-use assets$61,980
Minimum investment return$3,099
Distributable Amount (for 2011)
Distributable amount$3,092
Undistributed Income (for 2011)
Distributable amount for 2011$3,092
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
2011201020092008Total
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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2Goldman Sachs Philanthropy Fund30 Hudson St 15th Fl, Jersey City, NJ 07302-4600NJ2001-08$584,772,079
3San Francisco Foundation1 Embarcadero Ctr Ste 1400, San Francisco, CA 94111-3703CA2002-09$373,588,832
4Pew Charitable Trusts, Plan 08150 08151 081522005 Market St Ste 1700, Philadelphia, PA 19103-7017PA2003-04$302,988,834
5Golden L E A F Long-Term Economic Advancement Foundation Inc301 N Winstead Ave, Rocky Mount, NC 27804-2228NC2000-12$300,495,700
6Ninth District Opportunity IncPO BOX L, Gainesville, GA 30503-1912GA1967-12$35,131,617
7East Lake Foundation Inc2606 Alston Dr Se, Atlanta, GA 30317-3334GA1996-03$6,640,662
8Greater Atlanta Chamber Foundation Inc235 Andrew Young Internatl Blvd Nw, Atlanta, GA 30303GA1977-05$1,234,455
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10Society For The Preservation Of Physician Assistant History Inc12000 Findley Rd Ste 100, Johns Creek, GA 30097-1484GA2003-02$163,460
11Georgia Public Web Inc1470 Riveredge Pkwy Nw, Atlanta, GA 30328-4640GA2001-11$13,696,092
12Make-A-Wish Foundation Of Georgia And Alabama Inc1775 The Exchange Se Ste 200, Atlanta, GA 30339-2016GA1995-06$5,817,711
13Gwinnett Tech Foundation Inc5150 Sugarloaf Pkwy, Lawrenceville, GA 30043-5702GA1994-07$4,201,919
14Jewish Home Foundation Inc3150 Howell Mill Rd Nw, Atlanta, GA 30327-2108GA2007-05$3,609,059
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16Atlanta Womens Foundation Inc50 Hurt Plz Se Ste 401, Atlanta, GA 30303-2915GA1998-06$1,618,334
17B&gc Endowment Foundation Inc1700 Buena Vista Rd, Columbus, GA 31906-3003GA2004-01$877,708
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20Ministry Services Group Inc1330 Old Woodbine Rd Ne, Atlanta, GA 30319-1040GA2002-09$447,304
Number of organizations performing similar types of work
Alaska22
Alabama159
Arkansas82
Arizona241
California1,395
Colorado262
Connecticut189
District of Columbia90
Delaware52
Florida820
Georgia355
Hawaii51
Iowa119
Idaho47
Illinois515
Indiana203
Kansas108
Kentucky127
Louisiana132
Massachusetts388
Maryland280
Maine49
Michigan374
Minnesota228
Missouri257
Mississippi44
Montana52
North Carolina319
North Dakota33
Nebraska87
New Hampshire73
New Jersey503
New Mexico55
Nevada70
New York1,060
Ohio483
Oklahoma136
Oregon165
Pennsylvania439
Rhode Island53
South Carolina141
South Dakota35
Tennessee195
Texas824
Utah106
Virginia341
Vermont33
Washington263
Wisconsin183
West Virginia55
Wyoming36
International23
Total12,352

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