Mark Elliott Motley Foundation Inc in Charleston, South Carolina (SC)

Organization representatives - add corrected or new information about Mark Elliott Motley Foundation Inc »

Non-representatives - add comments about Mark Elliott Motley Foundation Inc»

Mark Elliott Motley Foundation Inc
Employer Identification Number (EIN)270013752
Name of OrganizationMark Elliott Motley Foundation Inc
In Care of NameDouglas D Kugley
AddressPO BOX 1014, Charleston, SC 29402-1014
SubsectionCharitable Organization
Ruling Date08/2002
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,484,917
Amount of Income$268,315
Form 990 Revenue Amount$228,375
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.92.202.157 will be logged.

Amount of income in 2014: $268,315 (it was $335,646 in 2013)
This organization: 

 $268,315
Other organizations performing similar types of work: 

 $103,138

Assets in 2014: $2,484,917 (it was $2,507,783 in 2013)
This organization: 

 $2,484,917
Other organizations performing similar types of work: 

 $338,623

Expenses in 2014: $181,854
This organization: 

 $181,854
Other organizations performing similar types of work: 

 $46,867

Income to expenses ratio in 2014: 1.5
This organization: 

 1.5
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2014: 18.3%
This organization: 

 18.3%
Other organizations performing similar types of work: 

 79.6%

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$155,654$127,149$0
Contributions, gifts, grants, etc., received$28,505
Interest on savings and temporary cash investments$4
Dividends and interest from securities$74,821
Gross rents$0
Gross sales price for all assets$164,985
Gross profit from sales of goods$0
Other income$0
Other$52,324
Total expenses and disbursements$181,854$26,985$0$150,765
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$1,857
Accounting fees$1,722
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$31,089$26,985$0
Contributions, gifts, grants paid$150,765
Excess of revenue over expenses and disbursements$-26,200
Net investment income$100,164
Adjusted net income$0
Balance Sheets
201220132014
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$2,552,643$2,873,664$2,507,783$3,011,425$2,484,917$3,336,607
Cash - non-interest-bearing$0$0$0
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$1,774,060$1,744,236$1,034,596
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$722,316$735,524$1,432,905
Other assets$0$0
Total liabilities$1$1$3,334
Mortgages and other notes payable$0$0$0
Other liabilities$0$3,334
Total liabilities and net assets/fund balances$2,552,643$2,507,783$2,481,583
Capital Gains and Losses for Tax on Investment Income
201220132014
Capital gain net income$141,345$45,091$52,324
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$3,599$1,595$2,003
Total credits and payments$3,480$3,600$1,600
Current year estimated tax payments and previous year's overpayment credited to current year$3,480$3,600$1,600
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$1$0$0
Tax due$0$403
Overpayment$2,005$0
Amount to be credited to next year's estimated tax$0$1,600$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?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
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$2,912,190$3,027,021$3,280,127
Net value of noncharitable-use assets$2,981,616$3,230,925
Minimum investment return$143,425$149,081$161,546
Distributable Amount
201220132014
Distributable amount$139,826$147,486$159,543
Undistributed Income
201220132014
Distributable amount for this year$139,826$147,486$159,543
Undistributed income for this year. This amount must be distributed in the next year$136,817$147,303$156,081
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$4$0
Dividends and interest from securities$74,821$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
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 Mark Elliott Motley Foundation Inc to others? (optional)
  
Add photo of Mark Elliott Motley Foundation Inc (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»
Recently Added Reviews
Hillcrest Baptist Church in Williamston, SC
*****
Kitten Action Team Inc in Fountain Inn, SC
*•
Elford Theological Bible College in Lake View, SC
*****
Latch Key in Piedmont, SC
*
Wild Bunch Motorcycle Club Inc in Pauline, SC
*****
Clover Area Pop Warner in Clover, SC
*
Operation Care Carolina Animal Rescue Effort in Rock Hill, SC
**•
New Birth Apostolic Church in Anderson, SC
****
Joann Tillman Ministries in Aiken, SC
*****
Cambridge Houses Inc Of Columbia in Columbia, SC
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Kosciusko 21st Century Foundation Inc2170 N Pointe Dr, Warsaw, IN 46582-9043IN1967-11$51,892,952
2The Beall Family Foundation1200 Newport Center Dr Ste 220, Newport Beach, CA 92660-0933CA2001-02$5,367,504
3North Penn Community Health Foundation2506 N Broad St Ste 206, Colmar, PA 18915-9439PA1956-03$4,255,777
4Wem 2000 Foundation, Martin Phillip H TteePO BOX 5628, Minneapolis, MN 55440-5628MN2000-09$2,030,901
5Henry E & Nancy H Bartels Trust Fbo, University Of New HavenPO BOX 187169, Hamden, CT 06518-7020CT1989-04$1,900,735
6Pugdin Memorial Fund P 6162000410 S Dearborn Il1-0117, Chicago, IL 60603-2300IL2000-03$1,622,699
7Lancaster County Partners For Youth IncPO BOX 1023, Lancaster, SC 29721-1023SC1996-10$1,386,899
8Abner F Morison Tr Fund, Bar Harbor Bank & TrustPO BOX 1100, Ellsworth, ME 04605-1100ME1993-03$1,120,833
9Cargill Macmillan Jr Charitable Tr, Martin Phillip H TteePO BOX 5628, Minneapolis, MN 55440-5628MN2000-09$399,725
10Gordon G Wilson Trust Uw Fbo, Covington United10 S Dearborn, Chicago, IL 60603-2300IL2000-01$234,293
11Edward M Kendall FoundationPO BOX 2767, Columbia, SC 29202-2767SC2008-03$11,376,282
12Dorothy D Smith Charitable FoundationPO BOX 265, Columbia, SC 29202-0265SC2009-06$7,531,146
13Norma F Pfriem Foundation Ua 10032003, Matthew Woods Et Al Ttee6 Planters Wood Dr, Hilton Head, SC 29928-4404SC2006-03$6,997,841
14Gleason Family Foundation Inc15 Man O War, Hilton Head, SC 29928-5248SC2000-02$2,354,566
15Morgan Morton Family Foundation Inc9 Ocean Course Dr, Kiawah Island, SC 29455-5900SC2001-05$1,858,115
16Peter And Karen Iacovelli Charitable Foundation Inc148 Milestone Way Ste C, Greenville, SC 29615-5007SC2001-01$1,186,638
17Patrick Family Foundation12 Murray Blvd, Charleston, SC 29401-2312SC2006-05$1,094,836
18Owings Family Foundation116 Tuscany Way, Greer, SC 29650-4068SC2004-03$984,161
19Davis Family FoundationPO BOX 428, Greenwood, SC 29648-0428SC2001-03$937,647
20Gibbs Charitable FoundationPO BOX 1727, Spartanburg, SC 29304-1727SC2002-03$925,175
Number of organizations performing similar types of work
Alaska9
Alabama199
Arkansas82
Arizona267
California2,351
Colorado400
Connecticut391
District of Columbia107
Delaware405
Florida1,490
Georgia455
Hawaii86
Iowa147
Idaho73
Illinois1,069
Indiana261
Kansas152
Kentucky147
Louisiana127
Massachusetts713
Maryland422
Maine67
Michigan549
Minnesota327
Missouri308
Mississippi56
Montana59
North Carolina649
North Dakota15
Nebraska126
New Hampshire66
New Jersey849
New Mexico78
Nevada194
New York2,454
Ohio628
Oklahoma223
Oregon179
Pennsylvania935
Rhode Island181
South Carolina141
South Dakota32
Tennessee192
Texas1,225
Utah217
Virginia452
Vermont36
Washington375
Wisconsin334
West Virginia49
Wyoming61
International38
Total20,448

faqs.org is not associated with, endorsed by, or sponsored by Mark Elliott Motley Foundation Inc and has no official or unofficial affiliation with Mark Elliott Motley Foundation Inc