SAINT NICHOLAS FOUNDATION: Form 990PF, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: SAINT NICHOLAS FOUNDATION (EIN 76-0387177)
Tax period: 2009-10-01 to 2010-09-30
Filed: 2011-01-10
IRS object ID: 201140129349100054
Schema version: 2009v1.3
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Land Schedule2
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-01-10T10:44:09-06:00	Timestamp
Tax Period End Date	2010-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CYNTHIA A COX CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	21960 HIGHWAY 242	AddressLine1
City	NEW CANEY	City
State	TX	State
ZIP Code	77357	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2009-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	760387177	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SAINT NICHOLAS FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SAIN	NameControl
Phone	7134369556	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11402 ENCLAVE LAKE LANE	AddressLine1
City	PEARLAND	City
State	TX	State
ZIP Code	77584	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DR HERBERT FAIN	Name
Title	PRESIDENT	Title
Phone	7134369556	Phone
Date Signed	2011-01-10	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CYNTHIA A COX CPA	Name
Phone	2813998153	Phone
Date Prepared	2011-01-10	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	26466	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	7456	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	1694	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	1694	InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm	1694	InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss	28	DividendsRevAndExpnss
Dividends Net Invst Incm	28	DividendsNetInvstIncm
Dividends Adj Net Incm	28	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	-4969	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	6109	GrossSalesPrice
Total Revenue And Expenses	4209	TotalRevenueAndExpenses
Total Net Investment Income	1722	TotalNetInvestmentIncome
Total Adjusted Net Income	1722	TotalAdjustedNetIncome
Accounting Fees Rev And Expnss	1084	AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps	542	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	100	OtherProfFeesRevAndExpnss
Other Prof Fees Dsbrs Chrtbl Prps	50	OtherProfFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss	7270	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	1723	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	4725	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	8454	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	1723	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	5317	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	0	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	8454	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	1723	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	5317	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-4245	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	1722	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	-17	CashBOY
Cash EOY	437	CashEOY
Cash EOYFMV	437	CashEOYFMV
Savings And Temp Cash Invst BOY	2650	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	9056	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	9056	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	2575	InvestmentsCorpStockBOY
Investments Corp Stock EOY	2649	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	2395	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	32435	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	21357	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	8443	InvestmentsCorpBondsEOYFMV
Investments Land Etc Basis	14219	InvestmentsLandEtcBasis
Investments Land Etc BOY	14219	InvestmentsLandEtcBOY
Investments Land Etc EOY	14219	InvestmentsLandEtcEOY
Investments Land Etc EOYFMV	6135	InvestmentsLandEtcEOYFMV
Total Assets BOY	51862	TotalAssetsBOY
Total Assets EOY	47718	TotalAssetsEOY
Total Assets EOYFMV	26466	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	51862	UnrestrictedBOY
Unrestricted EOY	47718	UnrestrictedEOY
Total Net Assets BOY	51862	TotalNetAssetsBOY
Total Net Assets EOY	47718	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	51862	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	47718	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	51862	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-4245	ExcessOfRevenueOverExpenses
Other Increases	101	OtherIncreases
Subtotal	47718	Subtotal
Total Net Assets Fund Balances EOY	47718	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	5182	QualifyingDistributionsYear1
Noncharitable Assets Year1	27759	NoncharitableAssetsYear1
Distribution Ratio Year1	0.186678	DistributionRatioYear1
Qualifying Distributions Year2	1326	QualifyingDistributionsYear2
Noncharitable Assets Year2	36229	NoncharitableAssetsYear2
Distribution Ratio Year2	0.036601	DistributionRatioYear2
Total Distribution Ratio	0.223279	TotalDistributionRatio
Average Distribution Ratio	0.111640	AverageDistributionRatio
Net Noncharitable Assets	19582	NetNoncharitableAssets
Adjusted Noncharitable Assets	2186	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	2186	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	5317	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Amount Credited To Next Year	0	AmountCreditedToNextYear

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
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	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 Person Name	DR HERBERT FAIN	BooksInCareOfPersonName
Books In Care Of Phone Number	7134369556	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	11402 ENCLAVE LAKE LANE	AddressLine1
City	PEARLAND	City
State	TX	State
ZIP Code	77584	ZIPCode

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	true	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	true	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
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
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract

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	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
DR HERBERT FAIN
11402 ENCLAVE LAKE LANE	PEARLAND	TX	77584	PRES/DIR	15.00	0	0	0
CONSTANCE FAIN
11402 ENCLAVE LAKE LANE	PEARLAND	TX	77584	V PRES/DIR	1.00	0	0	0
KIMBERLY FAIN
11402 ENCLAVE LAKE LANE	PEARLAND	TX	77584	SEC/DIR	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	THE ORGANIZATION GAVE MONIES TO EDUCATIONAL INSTITUTIONS IN THE UNITED STATES.DURING FISCAL YEAR ENDING 9/30/10, THE ORGANIZATION DONATED TO 3 EDUCATIONAL INSTITUTES.	Description1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	14832	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	5048	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	19880	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	19880	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	298	CashDeemedCharitable
Net Noncharitable Assets	19582	NetNoncharitableAssets
Minimum Investment Return	979	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	979	MinimumInvestmentReturn
Distributable Amount Before Adj	979	DistributableAmountBeforeAdj
Distributable Amount Before Ded	979	DistributableAmountBeforeDed
Distributable Amount As Adjusted	979	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	5317	ExpensesAndContributions
Qualifying Distributions	5317	QualifyingDistributions
Adj Qualifying Distributions	5317	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	979	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	10507	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	4656	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	3549	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	5026	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	3794	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	27532	TotalExcessDistriCarryover
Qualifying Distributions	5317	QualifyingDistributions
Applied To Current Year	979	AppliedToCurrentYear
Remaining Distri From Corpus	4338	RemainingDistriFromCorpus
Total Corpus	31870	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	10507	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	21363	ExcessDistriCyovToNextYear
Excess From Year4	4656	ExcessFromYear4
Excess From Year3	3549	ExcessFromYear3
Excess From Year2	5026	ExcessFromYear2
Excess From Year1	3794	ExcessFromYear1
Excess From Current Year	4338	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	DR HERBERT FAIN	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$1,694	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$28	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	-4969	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$1,722	ExclusionAmount
Related Or Exempt Function Income	-4969	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	-3247	TotalPartXVIA

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	DR HERBERT FAIN	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	11402 ENCLAVE LAKE LANE	AddressLine1
City	PEARLAND	City
State	TX	State
ZIP Code	77584	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	7456	AggregateContributions
Person Contribution Type	X	PersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	TAX PREPARATION AND CONSULTING	Category
Amount	$1,084	Amount
Disbursements Charitable Prps	542	DisbursementsCharitablePrps

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset (5 entries)

NameName	Date AcquiredDateAcquired	How AcquiredHowAcquired	Date SoldDateSold	BasisBasis	Total NetTotalNet	Gross Sales PriceGrossSalesPrice
ION MEDIA - NO EQUITY	2007-11	PURCHASE	2010-01	3650	-3650
SIX FLAGS - BONDS IN DEFAULT	2006-09	PURCHASE	2010-05	932	-823	109
TEKNI PLEX BONDS	2005-06	PURCHASE	2010-06	4080	1920	6000
CITADEL BROADCASTING	2007-06	PURCHASE	2010-04	1	-1
MOVIE GALLERY	2006-06	PURCHASE	2010-08	2415	-2415

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	BONDS	NameOfBond
EOY Book Value	21357	EOYBookValue
EOYFMV	8443	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	STOCKS	NameOfStock
EOY Book Value	2649	EOYBookValue
EOYFMV	2395	EOYFMV

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLand (2 entries)

Category Or ItemCategoryOrItem	Cost Or Other BasisCostOrOtherBasis	Book ValueBookValue	EOYFMVEOYFMV
AUTOMOBILE	12500	12500	5000
FURNITURE & FIXTURES	1719	1719	1135

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
EXPENSES
BANK FEES	373	373
INVESTMENT INFORMATION & EDUC	2272	1350	350
DONATIONS	4375		4375
DUES	250

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	CHANGE IN EXPENSES FROM A PREVIOUS YEAR	Description
Amount	$101	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	MARKETING	Category
Amount	$100	Amount
Disbursements Charitable Prps	50	DisbursementsCharitablePrps