GEORGE FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GEORGE FOUNDATION INC (EIN 22-3375944)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-13
IRS object ID
201343179349302354
Schema version
2012v2.1
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

FieldValueIRS element (for citing)
Timestamp2013-11-13T10:40:33-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN223681331EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1DILIP PATEL & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12042 MORRIS AVEAddressLine1
CityUNIONCity
StateNJState
ZIP Code07083ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223375944EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GEORGE FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGEORNameControl
Phone9733165606Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1121 HAWKINS PL PMB192AddressLine1
CityBOONTONCity
StateNJState
ZIP Code070051127ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameABRAHAM GEORGEName
TitleTRUSTEETitle
Phone6093127051Phone
Date Signed2013-09-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRAKESH PATEL CPAName
PTINP01283164PTIN
Phone9086884234Phone
Date Prepared2013-11-13DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonABRAM GEORGENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1121 HAWKINS PL PMB192AddressLine1
CityBOONTONCity
StateNJState
ZIP Code070051127ZIPCode
FieldValueIRS element (for citing)
Gross Receipts145142GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.TGFWORLD.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1995YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission DescriptionEDUCATIONAL AND MEDICAL TREATMENTActivityOrMissionDescription
Nbr Voting Members Governing Body5NbrVotingMembersGoverningBody
Nbr Independent Voting Members5NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year283664ContributionsGrantsPriorYear
Contributions Grants Current Year145142ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year-910InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year282754TotalRevenuePriorYear
Total Revenue Current Year145142TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year259550GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY46000GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY2000TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year2000TotalFundrsngExpCurrentYear
Other Expense Prior Year37770OtherExpensePriorYear
Other Expenses Current Year23494OtherExpensesCurrentYear
Total Expenses Prior Year297320TotalExpensesPriorYear
Total Expenses Current Year71494TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-14566RevenuesLessExpensesPriorYear
Revenues Less Expenses CY73648RevenuesLessExpensesCY
Total Assets BOY27112TotalAssetsBOY
Total Assets EOY19935TotalAssetsEOY
Total Liabilities BOY1779534TotalLiabilitiesBOY
Total Liabilities EOY1698709TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-1752422NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-1678774NetAssetsOrFundBalancesEOY
Mission DescriptionTO SUPPORT HEALTHCARE SERVICES,RESEARCH ,EDUCATION ,FOOD AND SHELTER FOR NEEDY PEOPLE AND THE PEOPLE AFFECTED BY DISASTERS AND RESOURCES.OPERATE ORPHANAGE SCHOOL AND HOSPITAL FOR DISADVANTAGED CHILDRENS AND ADULTS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense46000Expense
Grants46000Grants
Revenue145142Revenue
DescriptionOPERATE ORPHANAGE,SCHOOL AND HOSPITAL FOR DISADVANTAGED CHILDRENS AND ADULTSDescription
Total Program Service Expense46000TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations1MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members5NbrVotingGoverningBodyMembers
Number Independent Voting Members5NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1GEORGE ABRAHAMBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9733165606TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1121 HAWKINS PLAddressLine1
CityBOONTONCity
StateNJState
ZIP Code07005ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ABRAHAM GEORGE
PRESIDENT40.00X000
MARIAM GEORGE
SEC. AND TREASURER2.00X000
WILLIAM LIPP
TRUSTEE1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions145142AllOtherContributions
Total Contributions145142TotalContributions

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column145142TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total46000Total
Program Services46000ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total7500Total
Management And General7500ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total1583Total
Management And General1583ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total2000Total
Fundraising2000Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total1620Total
Management And General1620ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total5934Total
Management And General5934ManagementAndGeneral

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneral
TELEPHONE AND FAX37283728
PRINTING30653065
BANK CHARGES6464

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total71494Total
Program Services46000ProgramServices
Management And General23494ManagementAndGeneral
Fundraising2000Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY7231BOY
EOY19879EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY56BOY
EOY56EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY19825BOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY27112BOY
EOY19935EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1779534BOY
EOY1698709EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1779534BOY
EOY1698709EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY-1752422BOY
EOY-1678774EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-1752422BOY
EOY-1678774EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY27112BOY
EOY19935EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses73648ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years395476CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years354000CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years341411CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year283664CurrentTaxYearMinus1Year
Current Tax Year145142CurrentTaxYear
Total1519693Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years395476CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years354000CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years341411CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year283664CurrentTaxYearMinus1Year
Current Tax Year145142CurrentTaxYear
Total1519693Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5091519693PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years5140CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years16CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years628CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year-910CurrentTaxYearMinus1Year
Total4874Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years5140CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years16CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years628CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year-910CurrentTaxYearMinus1Year
Total4874Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years400616CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years354016CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years342039CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year282754CurrentTaxYearMinus1Year
Current Tax Year145142CurrentTaxYear
Total1524567Total
FieldValueIRS element (for citing)
Public Support Percentage5090.99680PublicSupportPercentage509
Prior Year Support Percentage0.98810PriorYearSupportPercentage
Investment Income Percentage0.00320InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.01190PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (8 entries)

DescriptionDescriptionAmountAmount
LOAN PAYABLE-PAUL ITTOOP$100,000
LOAN PAYABLE-RAJAN VERMA$135,000
LOAN PAYABLE-S.MENON$335,000
LOAN PAYABLE-ALEYAMMA GEORGE$90,500
LOAN PAYABLE-A.GEORGE$678,209
LOAN PAYABLE-C.ARNDT$50,000
LOAN PAYABLE-AMANDA$50,000
LOAN PAYABLE-DILIP VERGHESE$260,000
FieldValueIRS element (for citing)
Total Of Amounts1698709TotalOfAmounts

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained1GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionSOUTH ASIARegion
Number Of Offices1NumberOfOffices
Number Of Employees1NumberOfEmployees
Type Of Activities ConductedGRANTS TO THE GEORGE FOUNDATION 316 5TH A CRPS,HRBR LAYANT,KALYAN NAGAR,BANGLORE,INDIATypeOfActivitiesConducted
Specific Services ProvidedTO SUPPORT HEALTHCARE RESEARCH,EDUCATION,FOOD & SHELTER FOR NEEDY PEOPLE AND OPERATE ORPHANE SCHOOL AND HOSPITAL FOR DISADVANTAGE CHILDRENS AND ADULTS.SpecificServicesProvided
FieldValueIRS element (for citing)
Subtotal Number Of Offices1SubtotalNumberOfOffices
Subtotal Number Of Employees1SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees1TotalNumberOfEmployees
Subtotal Amount Spent0SubtotalAmountSpent
Cont Amount Spent0ContAmountSpent
Total Amount Spent0TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

FieldValueIRS element (for citing)
RegionSOUTH ASIARegion
Purpose Of GrantTO SUPPORT HEALTHCARE,EDUCATION,FOOD,SHELTER AND OPERATE ORPHANAGE SCHOOL AND HOSPITAL FOR DISADVANTAGE CHILDRENS AND ADULTS.PurposeOfGrant
Amount Of Cash Grant46000AmountOfCashGrant
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursement
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

Return ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Section B, line 11THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST.
Form 990, Part VI, Section C, line 19ORANANIZATION CONFLICT OF INTEREST POLICY AND FINANCUAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.