Return of Private Foundation OMB No. 1545-0052 Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements. For calendar year 2011 or tax year beginning , and ending Name of foundation A Employer identification number The Cummins Foundation, Inc. 35-6042373 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) Box 3005, M/C 60113 (812) 377-3321 City or town, state, and ZIP code C If exemption application is pending, check here Columbus IN 47202-3005 G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here . . . . Final return Amended return 2. Foreign organizations meeting the 85% test, Address change Name change check here and attach computation . . . . H Check type of organization: X Section 501(c)(3) exempt private foundation E Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation If private foundation status was terminated under section 507(b)(1)(A), check here . . . I Fair market value of all assets at end J Accounting method: Cash X Accrual F of year (from Part II, col. (c), Other (specify) If the foundation is in a 60-month termination under section 507(b)(1)(B), check here . . . line 16) $ 37,669,587 (Part I, column (d) must be on cash basis.) Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and expenses per books (b) Net investment income (c) Adjusted net income (d) Disbursements for charitable purposes (cash basis only) 1 Contributions, gifts, grants, etc., received (attach schedule) 25,880,100 2 Check if the foundation is not required to attach Sch. B 3 Interest on savings and temporary cash investments 625 625 625 4 Dividends and interest from securities . . . . . 304,963 304,963 304,963 5 a Gross rents . . . . . . . . . . . . . . . . 0 b Net rental income or (loss) 0 6 a Net gain or (loss) from sale of assets not on line 10 44,987 b Gross sales price for all assets on line 6a 44,987 7 Capital gain net income (from Part IV, line 2) . . . 44,987 8 Net short-term capital gain . . . . . . . . . . 44,987 9 Income modifications . . . . . . . . . . . . 10 a Gross sales less returns and allowances 0 b Less: Cost of goods sold . . . . 0 c Gross profit or (loss) (attach schedule) . . . . . 0 11 Other income (attach schedule) . . . . . . . . -336,015 0 0 12 Total. Add lines 1 through 11 . . . . . . . . . 25,894,660 350,575 350,575 13 Compensation of officers, directors, trustees, etc. 0 14 Other employee salaries and wages . . . . . . 15 Pension plans, employee benefits . . . . . . . 16 a Legal fees (attach schedule) . . . . . . . . . 0 0 0 0 b Accounting fees (attach schedule) . . . . . . . 13,150 0 0 0 c Other professional fees (attach schedule) . . . . 890,560 0 0 0 17 Interest . . . . . . . . . . . . . . . . . . 18 Taxes (attach schedule) (see instructions) . . . . 5,871 0 0 0 19 Depreciation (attach schedule) and depletion . . . 0 0 0 20 Occupancy . . . . . . . . . . . . . . . . 21 Travel, conferences, and meetings . . . . . . 22 Printing and publications . . . . . . . . . . 23 Other expenses (attach schedule) . . . . . . . 30,075 0 0 0 24 Total operating and administrative expenses. Add lines 13 through 23 . . . . . . . . . . . 939,656 0 0 0 25 Contributions, gifts, grants paid . . . . . . . . 10,683,184 9,667,351 26 Total expenses and disbursements. Add lines 24 and 25 . 11,622,840 0 0 9,667,351 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements . . 14,271,820 b Net investment income (if negative, enter -0-) . . 350,575 c Adjusted net income (if negative, enter -0-) . . . 350,575 For Paperwork Reduction Act Notice, see instructions. Form 990-PF (2011) (HTA) Revenue Operating and Administrative Expenses
25
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Return of Private Foundation OMB No. 1545-0052
Form 990-PF or Section 4947(a)(1) Nonexempt Charitable TrustTreated as a Private Foundation
Department of the Treasury
Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
For calendar year 2011 or tax year beginning , and ending
Name of foundation A Employer identification number
The Cummins Foundation, Inc. 35-6042373 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions)
Box 3005, M/C 60113 (812) 377-3321 City or town, state, and ZIP code C If exemption application is pending, check here
Columbus IN 47202-3005
G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final return Amended return 2. Foreign organizations meeting the 85% test,
H Check type of organization: X Section 501(c)(3) exempt private foundation E Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation
If private foundation status was terminated
under section 507(b)(1)(A), check here . . .
I Fair market value of all assets at end J Accounting method: Cash X Accrual Fof year (from Part II, col. (c), Other (specify)
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here . . .
line 16) $ 37,669,587 (Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of
amounts in columns (b), (c), and (d) may not necessarily equal
the amounts in column (a) (see instructions).)
(a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
1 Contributions, gifts, grants, etc., received (attach schedule) 25,880,100
2 Check if the foundation is not required to attach Sch. B
3 Interest on savings and temporary cash investments 625 625 625
For Paperwork Reduction Act Notice, see instructions. Form 990-PF (2011)
(HTA)
Reven
ue
Op
era
tin
g a
nd
Ad
min
istr
ati
ve E
xp
en
ses
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 2
Beginning of year End of yearPart II Balance Sheets
Attached schedules and amounts in the description column should be for end-of-year amounts only. (See instructions.) (a) Book Value (b) Book Value (c) Fair Market Value
Part III Analysis of Changes in Net Assets or Fund Balances1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 36,392,421
Form 990-PF (2011)
Assets
Lia
bilit
ies
Net
Assets
or
Fu
nd
Bala
nces
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 3
Part IV Capital Gains and Losses for Tax on Investment Income(b) How acquired
P—Purchase(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1a Capital Gains Distributions
b
c
d
e
(f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss)(e) Gross sales price
(or allowable) plus expense of sale (e) plus (f) minus (g)
a 0 0 0 0
b 0 0 0 0
c 0 0 0 0
d 0 0 0 0
e 0 0 0 0
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
(j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or(i) F.M.V. as of 12/31/69
as of 12/31/69 over col. (j), if any Losses (from col. (h))
a 0 0 0 0
b 0 0 0 0
c 0 0 0 0
d 0 0 0 0
e 0 0 0 0
If gain, also enter in Part I, line 72 Capital gain net income or (net capital loss)
If (loss), enter -0- in Part I, line 7 2 44,987
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 0.394610
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 30,388,558
7 Total credits and payments. Add lines 6a through 6d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7,5008 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 48811 Enter the amount of line 10 to be: Credited to 2012 estimated tax Refunded 11488 0
Part VII-A Statements Regarding Activities
1 a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it Yes No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c Did the foundation file Form 1120-POL for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c X
d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ (2) On foundation managers. $
e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers. $
2 Has the foundation engaged in any activities that have not previously been reported to the IRS? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 X
If "Yes," attach a detailed description of the activities.
3 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? If "Yes," attach a conformed copy of the changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 X
4 a Did the foundation have unrelated business gross income of $1,000 or more during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a X
b If "Yes," has it filed a tax return on Form 990-T for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b N/A
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 X
If "Yes," attach the statement required by General Instruction T.
6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 X
7 Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 X
8 a Enter the states to which the foundation reports or with which it is registered (see instructions)
IN
b If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8b X
9 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 2011 or the taxable year beginning in 2011 (see instructions for Part XIV)? If "Yes,"
c Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2011? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c X
2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2011? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
If "Yes," list the years 20 , 20 , 20 , 20
b Are there any years listed in 2a 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? (If applying section 4942(a)(2)
c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20 , 20 , 20 , 20
3a Did the foundation hold more than a 2% direct or indirect interest in any business
enterprise at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
b If "Yes," did it have excess business holdings in 2011 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? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2011.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b N/A
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a X
b 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 2011? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b X
Form 990-PF (2011)
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 6
Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued)5a During the year did the foundation pay or incur any amount to:
b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6bIf "Yes" to 6b, file Form 8870.
7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
b If "Yes," did the foundation receive any proceeds or have any net income attributable to the transaction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b
Part VIII Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,and Contractors Enter Part VIII information on the 'Part VIII, Line 1 Info' statement.
1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).(b) Title, and average (c) Compensation (d) Contributions to
(a) Name and address hours per week (If not paid, enter employee benefit plansdevoted to position -0-) and deferred compensation
(e) Expense account,
other allowances
NONE
.00 0 0 0
.00 0 0 0
.00 0 0 0
.00 0 0 0
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none,
enter "NONE."
(a) Name and address of each employee paid more than $50,000 (c) Compensation(b) Title, and average
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 7
Part VIII Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE."
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
0
0
0
0
0
Total number of others receiving over $50,000 for professional services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part IX-A Summary of Direct Charitable Activities
List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as
the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.Expenses
1 N/A
2
3
4
Part IX-B Summary of Program-Related Investments (see instructions) Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NONE
2
All other program-related investments. See instructions.
5 Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 30,388,558
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 10
Part XIV Private Operating Foundations (see instructions and Part VII-A, question 9) N/A1 a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Check box to indicate whether the foundation is a private operating foundation described in section 4942(j)(3) or 4942(j)(5)
Part XV Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets at any time during the year—see instructions.)
1 Information Regarding Foundation Managers: Enter on 'Part XV, Ln 1a - Managers'
a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of theownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Enter on 'Detail - Pt XV, Ln 2'Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations underother conditions, complete items 2a, b, c, and d.
a The name, address, and telephone number of the person to whom applications should be addressed:
b The form in which applications should be submitted and information and materials they should include:
c Any submission deadlines:
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2011)
None
None
Paula Blewett, Administrative Assistant, Box 3005, M/C 60028 Columbus IN 47202-3005 (812) 377-3746
See Exhibit C
None
See Exhibit C
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 11
Part XV Supplementary Information (continued) Enter information on 'Detail - Pt XV, Ln 3a-b'
3 Grants and Contributions Paid During the Year or Approved for Future PaymentIf recipient is an individual,
show any relationship to Purpose of grant orRecipientany foundation manager contribution
Amount
Name and address (home or business) or substantial contributor
Part XVI-B Relationship of Activities to the Accomplishment of Exempt PurposesLine No. Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes). (See instructions.)
3 Interest earned on cash awaiting distribution and from investments
4 Dividends earned from investments
5 Capital gain distributions from investments
Form 990-PF (2011)
Form 990-PF (2011) The Cummins Foundation, Inc. 35-604237335-6042373 Page 13
Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations
1 Did the organization directly or indirectly engage in any of the following with any other organization described Yes No
in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
organizations?
a Transfers from the reporting foundation to a noncharitable exempt organization of:
d If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair marketvalue of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair marketvalue in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line no. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
02a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X Nob If "Yes," complete the following schedule.
(a) Name of organization (b) Type of organization (c) Description of relationship
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,
correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.May the IRS discuss this return
with the preparer shown below (see
instructions)? Yes No
SignHere
Signature of officer or trustee Date Title
Print/Type preparer's name Preparer's signature Date PTIN
Revenue and for CharitableName of Organization or Expenses per Net Investment Adjusted Net PurposesPerson Providing Service Books Income Income (Cash Basis Only)
Revenue and for CharitableName of Organization or Expenses per Net Investment Adjusted Net PurposesPerson Providing Service Books Income Income (Cash Basis Only)
1 Global Giving - Consultant Fees 65,5602 Cummins Inc. - Administrative Fees 825,000345
501(c)3 Orgs need only fill in Borrower's Name and Balance Due. 250,000 250,000 750,000 0 750,000Net Balance Allowance for
Check "X" Check "X" if Original Due Beginning Balance Due Doubtful Accts FMV ofBorrower's Name if Business 501(c)3 Org. Amount of Year End of Year End of Year Other Notes Security Provided
1 Columbus Downtown Inc. X 250,000 250,000 250,000 0 250,0002 City of Columbus X 0 500,000 0 500,0003 04 05 06 07 08 09 0
21,566,988 36,726,411 36,726,411Basis of Book Value Book Value FMV
Item or Category Valuation Beg. of Year End of Year End of Year1 Mutual Funds FMV 15,117,665 31,355,733 31,355,7332 Money Market Funds FMV 6,449,323 5,370,678 5,370,6783456789
Part IV (990-PF) - Capital Gains and Losses for Tax on Investment Income
AmountLong Term CG Distributions 0Short Term CG Distributions 44,987 Totals: 0 0 0 0 0 0 0 0
Gross Cost or Other F.M.V. Adjusted Basis Gains Minus ExcessHow Date Date Sales Depreciation Basis Plus Gain or as of as of Excess of FMV of FMV Over Adjusted
Kind(s) of Property Sold CUSIP # Acquired Acquired Sold Price Allowed Expense of Sale Loss 12/31/69 12/31/69 Over Adj Basis Basis or Losses1 Capital Gains Distributions 0 0 0 0 0 02 0 0 0 0 0 03 0 0 0 0 0 04 0 0 0 0 0 05 0 0 0 0 0 06 0 0 0 0 0 07 0 0 0 0 0 08 0 0 0 0 0 09 0 0 0 0 0 010 0 0 0 0 0 0
The Cummins Foundation, Inc. 35-6042373
Part VI, Line 6a (990-PF) - Estimated Tax PaymentsDate Amount