Carl A And Theresa K Swafford Foundation Inc in Murfreesboro, Tennessee (TN)

Organization representatives - add corrected or new information about Carl A And Theresa K Swafford Foundation Inc »

Non-representatives - add comments about Carl A And Theresa K Swafford Foundation Inc»

Carl A And Theresa K Swafford Foundation Inc
Employer Identification Number (EIN)626039681
Name of OrganizationCarl A And Theresa K Swafford Foundation Inc
Address2265 Oakleigh Dr, Murfreesboro, TN 37129-0843
ActivitiesOther school related activities, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date12/1962
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period10/2014
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,224,427
Amount of Income$1,217,608
Form 990 Revenue Amount$83,115


Non-representatives - add comments:


CAPTCHA

Your IP address 54.92.131.88 will be logged.

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$96,757$88,382$87,178
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$87,178
Gross rents$0
Gross sales price for all assets$61,232
Gross profit from sales of goods$0
Other income$8,375
Other$1,204
Total expenses and disbursements$131,441$8,279$0$123,162
Compensation of officers, directors, trustees, etc.$1,950
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$11,500
Interest$0
Depreciation$189
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$16,349$8,279$8,070
Contributions, gifts, grants paid$115,092
Excess of revenue over expenses and disbursements$-34,684
Net investment income$80,103
Adjusted net income$87,178
Balance Sheets
20122013
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$1,794,719$2,424,457$1,760,035$2,600,106
Cash - non-interest-bearing$0$0
Investments-U.S. and state government obligations$0$0
Investments-corporate stock$1,539,876$1,609,211
Investments-corporate bonds$130,142$70,114
Investments-mortgage loans$0$0
Investments-other$96,550$60,890
Other assets$0$0
Total liabilities$0$0
Total liabilities and net assets/fund balances$1,794,719$1,760,035
Capital Gains and Losses for Tax on Investment Income
20122013
Capital gain net income$1,505$1,204
Net capital loss$0$0
Excise Tax Based on Investment Income
20122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNo
Tax based on investment income$1,545$1,602
Total credits and payments$1,344$1,548
Current year estimated tax payments and previous year's overpayment credited to current year$1,344$1,548
Exempt foreign organizations-tax withheld at source$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0
Backup withholding erroneously withheld$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$201$54
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0
Statements Regarding Activities
20122013
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?NoNo
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?NoYes
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNo
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?NoNo
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
20122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNo
Agree to pay money or property to a government official?NoNo
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?NoNo
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?NoNo
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?NoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNo
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))?NoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNo
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)?NoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNo
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
20122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$2,377,600$2,539,372
Net value of noncharitable-use assets$2,341,936$2,501,281
Minimum investment return$117,097$125,064
Distributable Amount
20122013
Distributable amount$115,552$123,462
Undistributed Income
20122013
Distributable amount for this year$115,552$123,462
Undistributed income for this year. This amount must be distributed in the next year$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
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 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
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$87,178$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
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$5,936$0$5,936
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$5,936$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$5,936
Net operating loss deduction$5,189
Unrelated business taxable income before specific deduction$747
Specific deduction$1,000
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 Carl A And Theresa K Swafford Foundation Inc to others? (optional)
  
Add photo of Carl A And Theresa K Swafford 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»
Other organizations in Tennessee
IdNameAddressStateEstablishedTotal Income
1Appalachian Christian Village Foundation Inc309 Princeton Rd, Johnson City, TN 37601-2026TN2001-08$69,365
2Appalachian Educational Communication CorpPO BOX 2061, Bristol, TN 37621-2061TN1981-11$580,977
3Artist-Blacksmiths Association Of North America Inc259 Muddy Fork Rd, Jonesborough, TN 37659-4813TN1978-08$287,468
4Aslan Foundation4800 Old Kingston Pike Ste 100, Knoxville, TN 37919-6478TN1993-05$34,362,986
5Association For Visual Artists30 Frazier Ave, Chattanooga, TN 37405-3931TN1987-11$477,898
6Audrey E And Michael T Grehl Charitable Trust, Stein Michael E Ttee520 Sutton Pl, Memphis, TN 38120-2428TN2006-12$30,011
7Baptist Memorial Medical Group Inc350 N Humphreys Blvd, Memphis, TN 38120-2177TN1997-01$44,066,516
8Belmont Mansion Association1900 Belmont Blvd, Nashville, TN 37212-3758TN1973-03$571,418
9Belz Foundation100 Peabody Pl Ste 1400, Memphis, TN 38103-3648TN1953-10$11,789,565
10Carespark IncPO BOX 657, Kingsport, TN 37662-0657TN2009-03$603,815
11Carl A And Theresa K Swafford Foundation Inc2265 Oakleigh Dr, Murfreesboro, TN 37129-0843TN1962-12$1,217,608
12Carter House Assn Inc1345 Eastern Flank Cir, Franklin, TN 37064-1438TN1994-12$19,548
13Chattanooga Goodwill Industries Inc3500 Dodds Ave, Chattanooga, TN 37407-2226TN1942-12$15,863,624
14Chattanooga Plastic Surgery Foundation979 E 3rd St Ste C920, Chattanooga, TN 37403-2136TN1970-04$189,651
15Chattanooga State Community College Foundation4501 Amnicola Hwy, Chattanooga, TN 37406-1018TN1978-04$3,870,142
16Childrens Foundation Of Memphis700 Colonial Rd Ste 227, Memphis, TN 38117-5142TN1983-06$2,363,988
17Christian Home For The Aged Inc309 Princeton Rd, Johnson City, TN 37601-2026TN1976-11$16,694,087
18Community And Senior Center Of Corryton Inc9331 Davis Dr, Corryton, TN 37721-2608TN2007-12$22,637
19Community Rehabilitation Agencies Of Tennessee, Cmra40 Rutledge St, Nashville, TN 37210-2043TN1985-09$581,671
20Conexian Americas2195 Nolensville Pike, Nashville, TN 37211-2094TN1997-12$1,693,930

faqs.org is not associated with, endorsed by, or sponsored by Carl A And Theresa K Swafford Foundation Inc and has no official or unofficial affiliation with Carl A And Theresa K Swafford Foundation Inc