Bush Foundation in St Paul, Minnesota (MN)

Table of contents:

Organization representatives - add corrected or new information about Bush Foundation »

Non-representatives - add comments about Bush Foundation»

Bush Foundation
Employer Identification Number (EIN)416017815
Name of OrganizationBush Foundation
In Care of NameE-900 First National Bank Bldg
Address332 Minnesota Street, St Paul, MN 55101-1314
ActivitiesOther school related activities
SubsectionCharitable Organization
Ruling Date12/1972
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$740,913,257
Amount of Income$22,998,447
Form 990 Revenue Amount$17,612,786
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Student Services, Organizations of Students


Non-representatives - add comments:


CAPTCHA

Your IP address 50.17.162.174 will be logged.

Amount of income in 2011: $22,998,447 (it was $27,018,639 in 2010)
This organization: 

 $22,998,447
Other organizations performing similar types of work: 

 $91,053

Assets in 2011: $740,913,257 (it was $760,381,709 in 2010)
Bush Foundation: 

 $740,913,257
Other organizations performing similar types of work: 

 $45,464

Financial snapshot ($)

Revenue for 2011

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$17,612,786$18,495,782$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$3,417
Dividends and interest from securities$3,101,953
Gross rents$0
Gross profit from sales of goods$0
Other income$206,639
Other$14,300,777
Total expenses and disbursements$25,656,183$1,789,652$0$29,668,661
Compensation of officers, directors, trustees, etc.$793,938
Total operating and administrative expenses$12,139,071$1,789,652$9,498,874
Contributions, gifts, grants paid$13,517,112
Excess of revenue over expenses and disbursements$-8,043,397
Net investment income$16,706,130
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$740,913,257$740,913,257
Cash - non-interest-bearing$198
Investments-U.S. and state government obligations$71,204,556
Investments-corporate stock$90,985,657
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$573,575,361
Other$5,147,485
Total liabilities$23,005,252
Mortgages and other notes payable$0
Other$23,005,252
Total liabilities and net assets/fund balances$717,908,005
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$14,300,777
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$334,123
Total credits and payments$200,000
2011 estimated tax payments and 2010 overpayment credited to 2011$200,000
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$5,495
Tax due$139,618
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?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 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?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)?Yes
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$756,757,362
Net value of noncharitable-use assets$745,406,000
Minimum investment return$37,270,300
Distributable Amount (for 2011)
Distributable amount$37,177,715
Undistributed Income (for 2011)
Distributable amount for 2011$37,177,715
Undistributed income for 2011. This amount must be distributed in 2012$4,924,206
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
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$800,763$0$800,763
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$800,763$20$1,800,763
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$216,078
Compensation of officers, directors, and trustees$550
Salaries and wages$1,250
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$202,547
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$497
Excess exempt expenses$0
Excess readership costs$0
Other deductions$11,234
Unrelated business taxable income$583,685
Unrelated business taxable income before net operating loss deduction$584,685
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$584,685
Specific deduction$1,000
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Cameron Foundation24 W Old St, Petersburg, VA 23803-3222VA2003-11$23,857,037
2Asher Student FoundationPO BOX 491296, Los Angeles, CA 90049-9296CA1954-04$13,705,222
3University Of Louisiana Monroe Facilities Inc700 University Ave, Monroe, LA 71209-2000LA2005-05$8,612,099
4Utley Foundation2800 Waterview Parkway, Richardson, TX 75080-1478TX2003-09$7,498,160
5The Center For Water Education700 N Alameda St Rm 1-107, Los Angeles, CA 90012-2944CA2002-08$5,067,095
6Seed Foundation Inc1776 Massachusetts Ave Suite 6, Washington, DC 20036-1904DC1997-11$4,991,396
7Secondary Market Services Corp- HawaiiPO BOX 6028, Indianapolis, IN 46206-6028IN1994-03$769,417
8Modern Red Schoolhouse Institute IncPO BOX 11332, Jackson, TN 38308-0122TN1998-03$548,503
9Friends Of The Randolph Public Library IncPo Box 63, Gorham, NH 03581NH2003-04$168,772
10Tewksbury Education Foundation IncPO BOX 448, Oldwick, NJ 08858-0448NJ1996-12$92,081
11Solutions In Education And Training Inc, S I N EPO BOX 99, Santa Claus, IN 47579-0099IN2002-06$64,216
12Bush Foundation332 Minnesota Street, St Paul, MN 55101-1314MN1972-12$22,998,447
13Public Health Law Center Inc875 Summit Ave, Saint Paul, MN 55105-3030MN1999-07$3,538,821
14International Experience A Non- Profit Corporation209 Water St S Ste 102, Northfield, MN 55057-2107MN2003-09$2,393,228
15Bolder Options2100 Stevens Ave, Minneapolis, MN 55404-2533MN1998-11$1,418,151
16Minnesota State College Student Association Inc1515 Robert Street South, West St Paul, MN 55118-3436MN1996-08$925,683
17Minnesota Intercollegiate Athletic Conference475 Cleveland Ave N, Saint Paul, MN 55104-5031MN1999-09$881,611
18Athletes Committed To Educating Students, A C E S1115 E Hennepin Ave, Minneapolis, MN 55414-2321MN1995-01$466,394
19Home Educators Resource Organization2399 Burke Ave E, North St Paul, MN 55109-4017MN2001-10$389,365
20Journey North155 Gleason Lake Rd Apt 205 Ste 205, Wayzata, MN 55391-1350MN1997-12$278,909
21Parents United For Public Schools1667 Snelling Ave N, Saint Paul, MN 55108-2131MN2003-10$165,911
22American Student Dental Association, Minnesota Chapter-Asda1335 Industrial Blvd Ne Suite 200, Minneapolis, MN 55416MN1971-10$104,679
23Northwest Suburban Conference12330 Heather St Nw, Coon Rapids, MN 55433-1753MN2002-08$91,053
24Eisenhower Parent Teacher Organization151 Northdale Blvd Nw, Coon Rapids, MN 55448-3359MN2002-09$64,503
25Grand Rapids Area Library Foundation140 Ne 2nd St, Grand Rapids, MN 55744-2826MN2003-10$57,937
26Queer Student Cultural Center300 Washington Ave Se Suite 205, Minneapolis, MN 55455MN2000-08$47,633
27Bloomington Activities Foundation4001 W 102nd St, Bloomington, MN 55437-2602MN1999-02$23,186
28Association For Medical School Pharmacology302 West Superior Street, Duluth, MN 55802-1802MN1998-10$17,264
29Circle Of Learning Inc1620 W 98th Street, Bloomington, MN 55431MN2008-06$0
30Isd No 197 Educational Foundation1056 Douglas Road, Mendota Heights, MN 55118MN2005-11$0
Number of organizations performing similar types of work
Alaska4
Alabama32
Arkansas16
Arizona37
California311
Colorado45
Connecticut36
District of Columbia24
Delaware16
Florida127
Georgia104
Hawaii12
Iowa20
Idaho8
Illinois77
Indiana49
Kansas21
Kentucky23
Louisiana34
Massachusetts74
Maryland67
Maine10
Michigan83
Minnesota56
Missouri42
Mississippi18
Montana9
North Carolina72
North Dakota2
Nebraska12
New Hampshire9
New Jersey81
New Mexico18
Nevada18
New York146
Ohio73
Oklahoma26
Oregon28
Pennsylvania94
Rhode Island13
South Carolina33
South Dakota5
Tennessee41
Texas197
Utah7
Virginia69
Vermont13
Washington57
Wisconsin39
West Virginia9
Wyoming8
International5
Total2,430

faqs.org is not associated with, endorsed by, or sponsored by Bush Foundation and has no official or unofficial affiliation with Bush Foundation