Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee in Rancho Mirage, California (CA)

Organization representatives - add corrected or new information about Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee »

Non-representatives - add comments about Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee»

Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee
Employer Identification Number (EIN)256774871
Name of OrganizationAnnenberg Foundation Trust At Sunnylands
Secondary NameAnnenberg Leonore Ttee
In Care of NameEd Doran
Address71231 Tamarisk Ln, Rancho Mirage, CA 92270-2366
SubsectionCharitable Organization, Educational Organization
Ruling Date09/2004
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 - Not required to file (all other)
Asset Amount$510,205,329
Amount of Income$99,173,227
Form 990 Revenue Amount$6,363,469
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Government and Public Administration


Non-representatives - add comments:


CAPTCHA

Your IP address 50.19.34.234 will be logged.

Amount of income in 2013: $99,173,227 (it was $90,990,199 in 2012)
Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee: 

 $99,173,227
Other organizations performing similar types of work: 

 $145,350

Assets in 2013: $510,205,329 (it was $485,827,727 in 2012)
This organization: 

 $510,205,329
Other organizations performing similar types of work: 

 $53,338

Expenses in 2013: $16,794,348
This organization: 

 $16,794,348
Other organizations performing similar types of work: 

 $121,410

Income to expenses ratio in 2013: 5.9
This organization: 

 5.9
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2013: 0.6%
This organization: 

 0.6%
Other organizations performing similar types of work: 

 22.9%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$14,141,269$13,149,588$7,141,475
Contributions, gifts, grants, etc., received$81,342
Interest on savings and temporary cash investments$39,854
Dividends and interest from securities$4,949,714
Gross rents$0
Gross sales price for all assets$92,034,255
Gross profit from sales of goods$778,902
Gross sales less returns and allowances$521,417
Less: Cost of goods sold$257,485
Other income$1,031,675
Other$7,259,782
Total expenses and disbursements$16,794,348$1,057,720$1,057,720$8,105,877
Compensation of officers, directors, trustees, etc.$671,385
Pension plans, employee benefits$1,311,344
Legal fees$166,273
Accounting fees$59,498
Interest$0
Depreciation$3,719,987
Occupancy$2,189,158
Travel, conferences, and meetings$215,137
Printing and publications$78,338
Total operating and administrative expenses$16,794,348$1,057,720$8,105,877
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$-2,653,079
Net investment income$12,091,868
Adjusted net income$6,083,755
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$501,057,841$501,057,841$485,827,727$470,846,227$510,205,329$495,223,829
Cash - non-interest-bearing$600$900$900
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$227,644,050$227,398,898$278,852,599
Investments-corporate bonds$316,105$2,205$2,205
Investments-mortgage loans$0$0$0
Investments-other$63,338,096$66,756,535$66,395,971
Other assets$1,569,737$288,004
Total liabilities$3,220,074$1,951,927$2,627,280
Mortgages and other notes payable$0$0$0
Other liabilities$523,096$1,538,232
Total liabilities and net assets/fund balances$497,837,767$483,875,800$507,578,049
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$1,813,616$4,288,886$7,259,782
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$58,254$77,465$241,837
Total credits and payments$58,763$125,509$143,044
Current year estimated tax payments and previous year's overpayment credited to current year$58,763$55,509$143,044
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$70,000$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$98,793
Overpayment$48,044$0
Amount to be credited to next year's estimated tax$509$48,044$0
Statements Regarding Activities
201120122013
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?YesYesYes
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
201120122013
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?NoNoYes
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
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$319,763,889$335,842,176$375,168,892
Net value of noncharitable-use assets$330,804,543$369,541,359
Minimum investment return$15,748,372$16,540,227$18,477,068
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$6,083,755$3,680,546$3,800,789$3,695,080$17,260,170
Qualifying distributions made directly for active conduct of exempt activities$10,047,560$20,583,289$22,859,021$20,532,226$74,022,096
Value of all assets$1$0$0$0$1
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$12,318,045$11,026,818$10,498,915$9,017,572$42,861,350
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 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
$0$778,902
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$39,854$0
Dividends and interest from securities$4,949,714$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
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
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 Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee to others? (optional)
  
Add photo of Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee (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
1Cascade Water Alliance520 112th Ave Ne Ste 400, Bellevue, WA 98004-5503WA1999-12$17,926,265
2Union Station Redevelopment Corp10 G St Ne Ste 504, Washington, DC 20002-4266DC2004-07$15,788,626
3Central Midlands Council Of Governments236 Stoneridge Dr, Columbia, SC 29210-8010SC2005-07$14,433,127
4Lower Savannah Council Of GovernmentPO BOX 850, Aiken, SC 29802-0850SC1969-12$9,353,396
5National Action Network Inc106 W 145th St, New York, NY 10039-4138NY1999-04$4,902,423
6County Technical Services Inc800 N Grant St Ste 400, Denver, CO 80203-2944CO1992-10$4,226,009
7Niagara Tobacco Asset Securitization Corp, For Filing Form 990t175 Hawley St, Lockport, NY 14094-2740NY2002-08$3,445,445
8New Bedford Economic Development Council Inc1213 Purchase Street, New Bedford, MA 02740-6694MA1999-01$1,420,033
9Bartlesville Community Center Trust AuthorityPO BOX 1027, Bartlesville, OK 74005-1027OK1979-02$650,984
10Hollywood Independence Committee5855 Green Valley Cir Ste 201, Culver City, CA 90230-6968CA2003-08$45,807
11Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee71231 Tamarisk Ln, Rancho Mirage, CA 92270-2366CA2004-09$99,173,227
12Advancement Project1910 W Sunset Blvd Ste 500, Los Angeles, CA 90026-3291CA2001-03$11,337,590
13Merced County Community Action Board1235 W Main St, Merced, CA 95340-4524CA1974-02$8,320,561
14National Popular Vote, Attn Peter Froelich3527 Mt Diablo Blvd, Lafayette, CA 94549-3815CA2007-06$2,615,589
15California Issues Forum1717 I St, Sacramento, CA 95811-3001CA2003-08$985,023
16Public Resource Org Inc1005 Gravenstein Hwy N, Sebastopol, CA 95472-2811CA2007-09$514,412
17California Latino Legislative Caucus Institute For Pulic Policy301 E Colorado Blvd Ste 800, Pasadena, CA 91101-1917CA2002-10$212,700
18O Connell Inaugural Committee 2006555 Capitol Mall Ste 1425, Sacramento, CA 95814-4602CA2007-06$107,000
19Center For A New Orange County Inc2 Park Plaza, Irvine, CA 92614-8561CA2002-01$105,004
20Elfin Forest Town Council A Non Profit Public Benefit Corporation20223 Elfin Forest Rd, Elfin Forest, CA 92029CA1999-03$64,505
Number of organizations performing similar types of work
Alaska7
Alabama11
Arkansas2
Arizona10
California94
Colorado27
Connecticut4
District of Columbia35
Delaware4
Florida34
Georgia19
Hawaii4
Iowa5
Idaho2
Illinois20
Indiana11
Kansas8
Kentucky6
Louisiana9
Massachusetts17
Maryland10
Maine5
Michigan13
Minnesota18
Missouri11
Mississippi7
Montana4
North Carolina19
North Dakota1
Nebraska5
New Hampshire3
New Jersey14
New Mexico3
Nevada4
New York38
Ohio13
Oklahoma19
Oregon13
Pennsylvania27
Rhode Island6
South Carolina11
South Dakota3
Tennessee6
Texas46
Utah5
Virginia36
Vermont4
Washington13
Wisconsin15
West Virginia2
Wyoming6
International2
Total711

faqs.org is not associated with, endorsed by, or sponsored by Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee and has no official or unofficial affiliation with Annenberg Foundation Trust At Sunnylands, Annenberg Leonore Ttee