Louis Planseon Fdn Co-Ttee 2519898592 in Charlotte, North Carolina (NC)

Organization representatives - add corrected or new information about Louis Planseon Fdn Co-Ttee 2519898592 »

Non-representatives - add comments about Louis Planseon Fdn Co-Ttee 2519898592»

Louis Planseon Fdn Co-Ttee 2519898592
Employer Identification Number (EIN)016182253
Name of OrganizationLouis Planseon Fdn Co-Ttee 2519898592
Address1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262
SubsectionCharitable Organization
Ruling Date09/2002
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$4,764,044
Amount of Income$480,174
Form 990 Revenue Amount$784,450
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.91.232.156 will be logged.

Amount of income in 2013: $480,174 (it was $796,718 in 2012)
This organization: 

 $480,174
Other organizations performing similar types of work: 

 $105,507

Assets in 2013: $4,764,044 (it was $4,962,060 in 2012)
Louis Planseon Fdn Co-Ttee 2519898592: 

 $4,764,044
Other organizations performing similar types of work: 

 $324,979

Expenses in 2012: $406,405
Louis Planseon Fdn Co-Ttee 2519898592: 

 $406,405
Other organizations performing similar types of work: 

 $49,065

Income to expenses ratio in 2012: 1.2
Louis Planseon Fdn Co-Ttee 2519898592: 

 1.2
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 0.0%
Louis Planseon Fdn Co-Ttee 2519898592: 

 0.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$199,464$206,952$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$210,093
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$406,405$35,790$0$361,803
Compensation of officers, directors, trustees, etc.$49,343
Total operating and administrative expenses$74,941$35,790$30,339
Contributions, gifts, grants paid$331,464
Excess of revenue over expenses and disbursements$-206,941
Net investment income$171,162
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$4,962,060$7,192,907
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$1,109,694
Investments-corporate stock$2,365,628
Investments-corporate bonds$460,257
Investments-mortgage loans$0
Investments-other$100,000
Other$926,481
Total liabilities$1
Mortgages and other notes payable$0
Other$1
Total liabilities and net assets/fund balances$4,962,060
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$-10,629
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$1,712
Total credits and payments$7,388
2012 estimated tax payments and 2011 overpayment credited to 2012$7,388
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$5,676
Amount to be credited to 2013 estimated tax$1,712
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?Yes
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$7,317,299
Net value of noncharitable-use assets$7,207,540
Minimum investment return$360,377
Distributable Amount (for 2012)
Distributable amount$358,665
Undistributed Income (for 2012)
Distributable amount for 2012$358,665
Undistributed income for 2012. This amount must be distributed in 2013$23,603
Private Operating Foundations (for 2012)
2012201120102009Total
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

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Louis Planseon Fdn Co-Ttee 2519898592 to others? (optional)
  
Add photo of Louis Planseon Fdn Co-Ttee 2519898592 (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»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Marine Toys For Tots Foundation18251 Quantico Gateway Dr, Triangle, VA 22172-1776VA2006-04$202,639,179
2Osteopathic Heritage Foundation1500 Lake Shore Dr Ste 230, Columbus, OH 43204-3800OH2004-03$111,969,744
3United Israel Appeal Of Canada IncToronto On M2r 3v3, Canadainternational2001-05$64,240,342
4Jeremy And Hannelore Grantham Environmental Trust40 Rowes Wharf, Boston, MA 02110-3340MA2007-01$49,614,636
5United Methodist Retirement Homes Incorporated2600 Croasdaile Farm Pkwy Ste A-500, Durham, NC 27705-1331NC2011-08$46,081,175
6Williamsburg Community Health Foundation Inc5308 Discovery Park Blvd, Williamsburg, VA 23188-2880VA1997-02$39,195,559
7Charles A Cannon Charitable Trust No One1525 W W T Harris Blvd, Charlotte, NC 28262-8522NC1981-09$34,683,318
8Fletcher And Nell Morris Piano Competition Tr1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC1999-12$236,772
9United Methodist Retirement Homes Foundation2600 Croasdaile Farm Pkwy, Durham, NC 27705-1331NC1994-07$85,700
10Bear Grass Educational FoundationPO BOX 869, Williamston, NC 27892-0869NC1998-06$37,177
11Bank Of America Charitable Foundation Inc150 N College St Nc1-028-17-06, Charlotte, NC 28202-2271NC2004-03$204,334,272
12Carlos And Marguerite Mason Foundation1525 W W T Harris Blvd, Charlotte, NC 28262-8522NC2006-01$79,680,920
13Marion Moore Foundation Inc101 S Tryon St Ste 4000, Charlotte, NC 28280-4000NC2004-03$39,212,740
14Anonymous TrustPO BOX 31143, Raleigh, NC 27622-1143NC2010-11$38,123,204
15Porter B Byrum Charitable Tr, Porter B Byrum TteePO BOX 11795, Charlotte, NC 28220-1795NC2008-08$26,110,028
16Northwest North Carolina Community FoundationPO BOX 4299, Winston Salem, NC 27115-4299NC2006-06$20,235,101
17Edward M Armfield Sr Foundation Inc324 W Wendover Ave Ste 130, Greensboro, NC 27408-8438NC2000-02$16,902,912
18James R & Bonnie L Braswell Tr, Bower George W Jr Ttee300 E Wade St, Wadesboro, NC 28170-2231NC2002-05$13,559,532
19Isabel James Lehto Foundation Inc1003 Red Banks Rd, Greenville, NC 27858-5908NC2008-09$11,835,753
20Elmer R Deaver Foundation1525 W W T Harris Blvd, Charlotte, NC 28262-8522NC1996-07$5,402,713
Number of organizations performing similar types of work
Alaska25
Alabama219
Arkansas78
Arizona303
California2,586
Colorado408
Connecticut419
District of Columbia111
Delaware583
Florida1,525
Georgia482
Hawaii85
Iowa178
Idaho58
Illinois1,113
Indiana311
Kansas157
Kentucky167
Louisiana161
Massachusetts705
Maryland425
Maine85
Michigan619
Minnesota384
Missouri346
Mississippi70
Montana69
North Carolina788
North Dakota20
Nebraska169
New Hampshire75
New Jersey876
New Mexico92
Nevada215
New York2,617
Ohio698
Oklahoma228
Oregon208
Pennsylvania1,086
Rhode Island184
South Carolina171
South Dakota32
Tennessee266
Texas1,263
Utah274
Virginia477
Vermont54
Washington401
Wisconsin354
West Virginia69
Wyoming63
International44
Total22,396

faqs.org is not associated with, endorsed by, or sponsored by Louis Planseon Fdn Co-Ttee 2519898592 and has no official or unofficial affiliation with Louis Planseon Fdn Co-Ttee 2519898592