John T Sessions Historic Aircraft Foundation in Seattle, Washington (WA)

Organization representatives - add corrected or new information about John T Sessions Historic Aircraft Foundation »

Non-representatives - add comments about John T Sessions Historic Aircraft Foundation»

John T Sessions Historic Aircraft Foundation
Employer Identification Number (EIN)203837894
Name of OrganizationJohn T Sessions Historic Aircraft Foundation
In Care of NameJohn T Sessions
Address411 University St Ste 1200, Seattle, WA 98101-2519
SubsectionCharitable Organization, Educational Organization
Ruling Date08/2008
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
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$8,345,713
Amount of Income$1,136,214
Form 990 Revenue Amount$264,905
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.166.196.211 will be logged.

Amount of income in 2012: $1,136,214 (it was $-31,343 in 2011)
John T Sessions Historic Aircraft Foundation: 

 $1,136,214
Other organizations performing similar types of work: 

 $105,507

Assets in 2012: $8,345,713 (it was $7,795,254 in 2011)
John T Sessions Historic Aircraft Foundation: 

 $8,345,713
Other organizations performing similar types of work: 

 $324,979

Expenses in 2012: $724,642
This organization: 

 $724,642
Other organizations performing similar types of work: 

 $49,065

Income to expenses ratio in 2012: 1.6
John T Sessions Historic Aircraft Foundation: 

 1.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 15.6%
John T Sessions Historic Aircraft Foundation: 

 15.6%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1,120,760$3$945,760
Contributions, gifts, grants, etc., received$175,000
Interest on savings and temporary cash investments$3
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$3,864
Gross sales less returns and allowances$-11,590
Less: Cost of goods sold$15,454
Other income$941,893
Total expenses and disbursements$724,642$0$0$724,642
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$724,642$0$724,642
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$396,118
Net investment income$3
Adjusted net income$945,760
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$8,345,713$8,345,713
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$8,345,713
Total liabilities$3,579,646
Mortgages and other notes payable$0
Other$3,579,646
Total liabilities and net assets/fund balances$4,766,067
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$0
Amount to be credited to 2013 estimated tax$0
Statements Regarding Activities (for 2012)
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 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?Yes
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?Yes
Furnish goods, services, or facilities to (or accept them from) a disqualified person?Yes
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 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?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 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$55,102
Net value of noncharitable-use assets$54,280
Minimum investment return$2,714
Distributable Amount (for 2012)
Distributable amount$0
Undistributed Income (for 2012)
Distributable amount for 2012$0
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$2,714$2,017$2,816$74$7,621
Qualifying distributions made directly for active conduct of exempt activities$1,525,252$898,074$5,982,480$1,775,355$10,181,161
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
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 John T Sessions Historic Aircraft Foundation to others? (optional)
  
Add photo of John T Sessions Historic Aircraft Foundation (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
1Marine Toys For Tots Foundation18251 Quantico Gateway Dr, Triangle, VA 22172-1776VA2006-04$202,639,179
2Osteopathic Heritage Foundation1500 Lake Shore Dr Ste 230, Columbus, OH 43204-3800OH2004-03$111,969,744
3United Israel Appeal Of Canada IncToronto On M2r 3v3, Canadainternational2001-05$64,240,342
4Jeremy And Hannelore Grantham Environmental Trust40 Rowes Wharf, Boston, MA 02110-3340MA2007-01$49,614,636
5United Methodist Retirement Homes Incorporated2600 Croasdaile Farm Pkwy Ste A-500, Durham, NC 27705-1331NC2011-08$46,081,175
6Williamsburg Community Health Foundation Inc5308 Discovery Park Blvd, Williamsburg, VA 23188-2880VA1997-02$39,195,559
7Charles A Cannon Charitable Trust No One1525 W W T Harris Blvd, Charlotte, NC 28262-8522NC1981-09$34,683,318
8Uga Real Estate Foundation Inc1280 S Lumpkin St, Athens, GA 30602-1574GA1999-12$32,620,761
9The American Electric Power System Retiree Medical Benefit Trust For, Certain Union EmployeesPO BOX 535007, Pittsburgh, PA 15253-5007PA2004-09$30,201,693
10Connecticut Health Foundation Inc100 Pearl Street, Hartford, CT 06103-4506CT2002-10$28,378,146
11Paul G Allen Family Foundation505 5th Ave S Ste 900, Seattle, WA 98104-3821WA1989-01$600,024,615
12Firstenburg Foundation1220 Main St Ste 475, Vancouver, WA 98660-2984WA2004-03$30,439,825
13Campion Foundation1904 3rd Ave Ste 405, Seattle, WA 98101-1150WA2008-05$30,020,127
14Apex FoundationPO BOX 245, Bellevue, WA 98009-0245WA1999-05$24,933,712
15Bullitt Foundation1501 East Madison St, Seattle, WA 98122-4499WA1953-06$23,321,410
16Bagley And Virginia Wright Foundation1301 2nd Ave Ste 2640, Seattle, WA 98101-0002WA2001-08$10,028,985
17Larry Benaroya Family Foundation3600 136th Pl Se Ste 250, Bellevue, WA 98006-1417WA2006-04$7,335,324
18HumanlinksPO BOX 2001, Woodinville, WA 98072-2001WA1999-11$6,508,515
1925-40 FoundationPO BOX 29566, Bellingham, WA 98228-1566WA2008-11$5,900,819
20Grindstone Foundation, Steven Schreiner9916 Peacock Hill Ave, Gig Harbor, WA 98332-1076WA2008-07$5,841,775
Number of organizations performing similar types of work
Alaska25
Alabama219
Arkansas78
Arizona303
California2,586
Colorado408
Connecticut419
District of Columbia111
Delaware583
Florida1,525
Georgia482
Hawaii85
Iowa178
Idaho58
Illinois1,113
Indiana311
Kansas157
Kentucky167
Louisiana161
Massachusetts705
Maryland425
Maine85
Michigan619
Minnesota384
Missouri346
Mississippi70
Montana69
North Carolina788
North Dakota20
Nebraska169
New Hampshire75
New Jersey876
New Mexico92
Nevada215
New York2,617
Ohio698
Oklahoma228
Oregon208
Pennsylvania1,086
Rhode Island184
South Carolina171
South Dakota32
Tennessee266
Texas1,263
Utah274
Virginia477
Vermont54
Washington401
Wisconsin354
West Virginia69
Wyoming63
International44
Total22,396

faqs.org is not associated with, endorsed by, or sponsored by John T Sessions Historic Aircraft Foundation and has no official or unofficial affiliation with John T Sessions Historic Aircraft Foundation