REDDYS HEART TO HEART FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- REDDYS HEART TO HEART FOUNDATION (EIN 20-8966784)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-14
- IRS object ID
- 201321349349101642
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T12:06:02-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Austria Financial Services Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15303 Ventura Blvd 9th Floor | AddressLine1 |
| City | Sherman Oaks | City |
| State | CA | State |
| ZIP Code | 91403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208966784 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Reddys Heart to Heart Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | REDD | NameControl |
| Phone | 7602426500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20022 Rancherias Rd | AddressLine1 |
| City | Apple Valley | City |
| State | CA | State |
| ZIP Code | 92307 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Naidu Reddy | Name |
| Title | President | Title |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jay Austria | Name |
| PTIN | P00436398 | PTIN |
| Phone | 8183803082 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 1933317 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 25000 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 103633 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 103633 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 103633 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 3563 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 131076 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 3563 | CapitalGainNetIncmNetInvstIncm |
| Net STCG Adj Net Incm | 5217 | NetSTCGAdjNetIncm |
| Total Revenue And Expenses | 132196 | TotalRevenueAndExpenses |
| Total Net Investment Income | 107196 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 108850 | TotalAdjustedNetIncome |
| Taxes Rev And Expnss | 2797 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1399 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 1398 | TaxesAdjNetIncm |
| Tot Opr Expenses Rev And Expnss | 2797 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1399 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 1398 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 146751 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 146751 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 149548 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1399 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 1398 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 146751 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -17352 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 105797 | NetInvestmentIncome |
| Adjusted Net Income | 107452 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 43388 | CashBOY |
| Cash EOY | 18159 | CashEOY |
| Cash EOYFMV | 13571 | CashEOYFMV |
| Investments Corp Stock BOY | 245278 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 288559 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 282730 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 1583615 | InvestmentsOtherBOY |
| Investments Other EOY | 1548211 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 1637016 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 1872281 | TotalAssetsBOY |
| Total Assets EOY | 1854929 | TotalAssetsEOY |
| Total Assets EOYFMV | 1933317 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 1872281 | RetainedEarningsBOY |
| Retained Earnings EOY | 1854929 | RetainedEarningsEOY |
| Total Net Assets BOY | 1872281 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1854929 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1872281 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1854929 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1872281 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -17352 | ExcessOfRevenueOverExpenses |
| Subtotal | 1854929 | Subtotal |
| Total Net Assets Fund Balances EOY | 1854929 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 3563 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 5217 | NetShortTermCapitalGainOrLoss |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 2116 | InvestmentIncomeExciseTax |
| Subtotal | 2116 | Subtotal |
| Tax Based On Investment Income | 2116 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 499 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 499 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 32 | PenaltyForUnderpayment |
| Tax Due | 1649 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jay Austria CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8183803082 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15303 Ventura Blvd 9th Floor | AddressLine1 |
| City | Sherman Oaks | City |
| State | CA | State |
| ZIP Code | 91403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Kaavya Reddy | ||||||
| 20022 Rancherias Rd | Apple Valley | CA | 92307 | Secretary | 2.00 | 0 |
| Anuradha Reddy | ||||||
| 20022 Rancherias Rd | Apple Valley | CA | 92307 | Treasurer | 2.00 | 0 |
| Naidu Reddy | ||||||
| 20022 Rancherias Rd | Apple Valley | CA | 92307 | President | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 2116 | TaxBasedOnInvestmentIncome |
| Total Tax | 2116 | TotalTax |
| Distributable Amount Before Adj | 2116 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 2116 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 146751 | ExpensesAndContributions |
| Qualifying Distributions | 146751 | QualifyingDistributions |
| Adj Qualifying Distributions | 146751 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year4 | 100000 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 56000 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 28050 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 72000 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 256050 | TotalExcessDistriCarryover |
| Qualifying Distributions | 146751 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Remaining Distri From Corpus | 146751 | RemainingDistriFromCorpus |
| Total Corpus | 402801 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 402801 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 100000 | ExcessFromYear4 |
| Excess From Year3 | 56000 | ExcessFromYear3 |
| Excess From Year2 | 28050 | ExcessFromYear2 |
| Excess From Year1 | 72000 | ExcessFromYear1 |
| Excess From Current Year | 146751 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Anuradha Reddy | ContributingManager |
| Contributing Manager | Naidu Reddy | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | Naidu Reddy | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20022 Rancherias Rd | AddressLine1 |
| City | Apple Valley | City |
| State | CA | State |
| ZIP Code | 92307 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 7602426500 | RecipientPhoneNumber |
| Restrictions On Awards | The foundation will consider distributions to organizations that are organized and operated exclusively for charitable, religious, literary, or educational purposes, or for the prevention of cruelty to children and animals. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| Ved Vignan Mahavidyapeeth | |||||||
| 12 Murphy Dr | Nashua | NH | 03062 | None | 501c3 | Education, Humanitarian | $4,251 |
| American Cancer Society | |||||||
| PO Box 22718 | Oklahoma City | OK | 73123 | None | 501c3 | Humanitarian | $500 |
| World Children's Initiative | |||||||
| 1328 American Way | Menlo Park | CA | 94025 | None | 501c3 | Humanitarian | $10,000 |
| Petit Family Foundation | |||||||
| 32 Whiting St | Plainville | CT | 06062 | None | 501c3 | Education, Humanitarian | $10,000 |
| Sai Ram Foundation | |||||||
| 1118 E Colorado St | Glendale | CA | 91205 | None | 501c3 | Education | $1,000 |
| Art of Living Foundation | |||||||
| PO Box 50003 | Santa Barbara | CA | 93150 | None | 501c3 | Education, Humanitarian | $121,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 146751 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 103633 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 3563 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 107196 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 107196 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 4 | LineNumber |
| Relationship Statement | Interest and dividend income from investments are used to defray the expenses of the foundation and to make contributions. | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| TD Ameritrade Stocks | 20010 | 20840 |
| Vanguard Stocks | 268549 | 261890 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Ironwood International Ltd. | AT COST | ||
| Vanguard Funds | AT COST | 1548211 | 1637016 |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| License & Fees | $60 | 30 | 30 |
| Foreign Tax | $237 | 119 | 118 |
| Federal Tax | $2,500 | 1250 | 1250 |
Comments