Bedik Muran Foundation Inc in Garden City P, New York (NY)

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Bedik Muran Foundation Inc
Employer Identification Number (EIN)113241924
Name of OrganizationBedik Muran Foundation Inc
In Care of NameVan Muran
Address200 Armstrong Rd, Garden City P, NY 11040-5339
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1995
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$1,430,733
Amount of Income$455,979
Form 990 Revenue Amount$157,167
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2012: $455,979 (it was $440,274 in 2011)
Bedik Muran Foundation Inc: 

 $455,979
Other organizations performing similar types of work: 

 $96,465

Assets in 2012: $1,430,733 (it was $1,515,029 in 2011)
Bedik Muran Foundation Inc: 

 $1,430,733
Other organizations performing similar types of work: 

 $298,397

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$157,167$154,997$0
Contributions, gifts, grants, etc., received$2,170
Interest on savings and temporary cash investments$0
Dividends and interest from securities$88,018
Gross rents$0
Gross profit from sales of goods$0
Other income$987
Other$65,992
Total expenses and disbursements$450,981$59,181$0$388,260
Compensation of officers, directors, trustees, etc.$114,000
Total operating and administrative expenses$151,493$59,181$88,772
Contributions, gifts, grants paid$299,488
Excess of revenue over expenses and disbursements$-293,814
Net investment income$95,816
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$1,515,029$2,039,283
Cash - non-interest-bearing$4,132
Investments-U.S. and state government obligations$0
Investments-corporate stock$1,380,432
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$130,465
Total liabilities$1,725
Mortgages and other notes payable$0
Other$1,725
Total liabilities and net assets/fund balances$1,513,304
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$65,992
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$958
Total credits and payments$3,080
2011 estimated tax payments and 2010 overpayment credited to 2011$3,080
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
Overpayment$2,122
Amount to be credited to 2012 estimated tax$2,122
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?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$2,388,080
Net value of noncharitable-use assets$2,352,260
Minimum investment return$117,613
Distributable Amount (for 2011)
Distributable amount$116,655
Undistributed Income (for 2011)
Distributable amount for 2011$116,655
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Communities Foundation Of Oklahoma Inc2932 Nw 122nd St Ste D, Oklahoma City, OK 73120-1955OK1992-06$39,030,674
2Delta Dental Plan Of Colorado Foundation Inc4582 S Ulster St Ste 800, Denver, CO 80237-2567CO1997-08$4,789,411
3Hospice Foundation Of Western New York Inc225 Como Park Blvd, Cheektowaga, NY 14227-1416NY1992-03$12,303,163
4Ace Foundation Inc1650 49th St, Brooklyn, NY 11204-1133NY1995-03$5,053,628
5Ptm Charitable Foundation791 Park Ave, New York, NY 10021-3551NY1994-12$3,015,895
6Stoney Point Foundation77 Water St Fl 9, New York, NY 10005-4414NY1995-02$2,379,048
7Hope For New York1359 Broadway Rm 410, New York, NY 10018-7823NY1993-07$2,258,927
8Nassimi Family Foundation Inc370 Seventh Ave Ste 1700, New York, NY 10001-3901NY1995-08$863,618
9National Mah Jongg League Foundation Inc1430 Broadway Rm 1615, New York, NY 10018-3356NY1995-05$786,343
10Childrens Fund Of The Astor Home IncPO BOX 5005, Rhinebeck, NY 12572-5005NY1990-10$690,343
11Cfa Education Foundation Inc370 7th Ave Ste 1801, New York, NY 10001-3979NY1990-08$597,777
12Shalom Mountain Inc664 Cattail Rd, Livingstn Mnr, NY 12758-6728NY1994-12$569,445
13Bedik Muran Foundation Inc200 Armstrong Rd, Garden City P, NY 11040-5339NY1995-06$455,979
14Orleans Community Health Foundation Inc200 Ohio St, Medina, NY 14103-1063NY1986-04$452,942
15Arie FoundationPO BOX 64, Old Bethpage, NY 11804-0064NY1992-06$407,021
16Kopernik Society Of Broome County Inc, Kopernik Observatory & Science Ctr698 Underwood Rd, Vestal, NY 13850-6038NY1991-04$225,879
17Ecumenical Patriarchate Foundation Inc712 Fifth Ave, New York, NY 10019-4108NY1992-10$200,150
18Friends Of The Library Of Woodstock New York Inc5 Library Ln, Woodstock, NY 12498-1168NY1992-02$192,733
19Project Share Inc312 Expressway Dr S, Medford, NY 11763-2555NY1990-11$165,291
20Adler Family Charitable Trust, Adler Allen TteeC/O Allen Adler Enterprises-767, New York, NY 10017NY1996-09$134,213
Number of organizations performing similar types of work
Alaska1
Arizona2
California1
Colorado8
Connecticut7
District of Columbia1
Florida6
Iowa1
Idaho1
Illinois3
Indiana1
Kansas3
Louisiana2
Massachusetts21
Maryland8
Maine5
Michigan3
Minnesota3
Missouri4
Mississippi1
Montana1
North Carolina2
North Dakota1
New Hampshire5
New Jersey71
New Mexico3
New York57
Ohio6
Oklahoma6
Pennsylvania6
Rhode Island5
South Carolina1
Texas16
Utah3
Virginia1
Vermont1
Wisconsin3
Wyoming1
International2
Total273

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