Melba Bayers Meyer Char Tr in Charlotte, North Carolina (NC)

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Melba Bayers Meyer Char Tr
Employer Identification Number (EIN)656192782
Name of OrganizationMelba Bayers Meyer Char Tr
In Care of NameFirst Union Nat Bnk Fl Ttee
Address1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1996
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$6,397,528
Amount of Income$3,163,867
Form 990 Revenue Amount$351,288
National Taxonomy of Exempt Entities (NTEE)Crime, Legal-Related: Protection Against, Prevention of Neglect, Abuse, Exploitation


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Amount of income in 2014: $3,163,867 (it was $1,374,566 in 2013)
Melba Bayers Meyer Char Tr: 

 $3,163,867
Other organizations performing similar types of work: 

 $254,032

Assets in 2014: $6,397,528 (it was $5,852,834 in 2013)
This organization: 

 $6,397,528
Other organizations performing similar types of work: 

 $305,394

Expenses in 2014: $364,150
This organization: 

 $364,150
Other organizations performing similar types of work: 

 $132,554

Income to expenses ratio in 2014: 8.7
Melba Bayers Meyer Char Tr: 

 8.7
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2014: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 54.5%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$910,042$902,392$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$159,263
Gross rents$0
Gross sales price for all assets$2,997,104
Gross profit from sales of goods$0
Other income$7,500
Other$743,279
Total expenses and disbursements$364,150$59,379$0$301,432
Compensation of officers, directors, trustees, etc.$77,401
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$1,000
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$83,068$59,379$20,350
Contributions, gifts, grants paid$281,082
Excess of revenue over expenses and disbursements$545,892
Net investment income$843,013
Adjusted net income$0
Balance Sheets
201220132014
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$5,879,012$6,249,675$5,852,834$6,768,031$6,397,528$7,120,928
Cash - non-interest-bearing$0$0$316
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$3,695,341$3,778,650$3,745,152
Investments-corporate bonds$0$1,883,632$2,341,714
Investments-mortgage loans$0$0$0
Investments-other$1,890,307$0$0
Other assets$0$0
Total liabilities$1$1$1
Mortgages and other notes payable$0$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$5,879,012$5,852,834$6,397,528
Capital Gains and Losses for Tax on Investment Income
201220132014
Capital gain net income$150,449$206,652$743,279
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201220132014
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$3,004$3,120$16,860
Total credits and payments$2,592$2,901$3,120
Current year estimated tax payments and previous year's overpayment credited to current year$2,592$2,901$3,120
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$219$13,740
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201220132014
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?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201220132014
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?YesYesYes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?YesYesYes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201220132014
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$6,362,853$6,544,534$6,900,093
Net value of noncharitable-use assets$6,446,366$6,796,592
Minimum investment return$313,371$322,318$339,830
Distributable Amount
201220132014
Distributable amount$310,367$319,198$330,470
Undistributed Income
201220132014
Distributable amount for this year$310,367$319,198$330,470
Undistributed income for this year. This amount must be distributed in the next year$293,895$281,080$310,118
Private Operating Foundations (for 2011 - 2014)
2014201320122011Total
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
Supplementary Information (for 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$159,263$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Southwest Iowa Foundation Inc302 S 36th St Ste 100, Omaha, NE 68131-3845NE1996-08$2,216,004
2Community Hospital & Nursing Home Of Anaconda Foundation Inc401 W Pennsylvania Ave, Anaconda, MT 59711-1931MT1996-10$612,082
3Doudera Family Foundation2940 N Lynnhaven Rd Ste 200, Virginia Bch, VA 23452-6949VA1997-07$9,060,458
4Missouri Baptist Healthcare Foun Att Janice Burnett, Mbmc Financial Services3015 N Ballas Rd, Saint Louis, MO 63131-2329MO1996-02$6,563,230
5Appleton Education Foundation Inc122 E College Ave 1-B, Appleton, WI 54911-5741WI1997-05$4,844,711
6Ben And Mary Frances Doskocil FoundationPO BOX 180277, Arlington, TX 76096-0277TX1997-10$4,275,021
7Melba Bayers Meyer Char Tr1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262NC1996-02$3,163,867
8Jewish Community Center Charitable Supporting Foundation5801 W 115th St Ste 104, Overland Park, KS 66211-1800KS1997-05$1,575,652
9Dorothy B Kraft Trust Uw Fbo, Valley Hospital Ridgewood NjPO BOX 185, Pittsburgh, PA 15230-0185PA1997-01$1,560,785
10Cleveland County Abuse Prevention Council IncPO BOX 2589, Shelby, NC 28151-2589NC1985-09$810,683
11King County Coalition Against Domestic Violence1419 S Jackson St Ste 103, Seattle, WA 98144-1900WA1990-10$690,945
12Karen R & John T Crotty Foundation709 Mountain Rd, Lake Bluff, IL 60044-2104IL1998-07$599,639
13Lois & Samuel J Silberman Fund Inc909 Third Ave, New York, NY 10022-4731NY1997-06$367,087
14Association For The Prevention Of Family Violence Inc735 N Wisconsin Street Suite 101, Elkhorn, WI 53121-1136WI1979-01$297,345
15Arthur J Bitker Memorial Foundation12 Woodbridge Manor Rd, Saint Louis, MO 63141-8236MO1997-03$270,456
16Coastal Childrens Advocacy Center IncPO BOX 9926, Savannah, GA 31412-0126GA1991-08$258,032
17New Horizons Life And Family Services801 E Broad Ave Ste 15, Rockingham, NC 28379-4382NC1988-03$254,032
18Boys And Girls Club Of Duluth FoundationPO BOX 16435, Duluth, MN 55816-0435MN1996-03$220,593
19Alliance Against Domestic AbusePO BOX 173, Salida, CO 81201-0173CO1984-05$169,986
20Frank West Charitable Trust222 W Superior St Ste 20, Duluth, MN 55802-1938MN1997-01$149,546
Number of organizations performing similar types of work
California1
Colorado1
Connecticut1
District of Columbia1
Delaware1
Florida4
Georgia2
Iowa4
Illinois9
Kansas2
Maryland1
Minnesota3
Missouri7
Montana1
North Carolina8
Nebraska3
New York1
Ohio3
Pennsylvania1
South Carolina2
South Dakota1
Tennessee1
Texas5
Virginia4
Washington1
Wisconsin3
Wyoming1
Total72

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