Olive Branch Foundation 2006 990
Olive Branch Foundation 2006 990
Olive Branch Foundation 2006 990
Form
990-PF
OMB No 1545-0052
2006
Name change
For calendar year 2006 , or tax year beg innin g G Check a ll that apply Initial return
of foundation
Final return
Name Use the IRS label . THE OLIVE BRANCH FOUNDATION , INC. Otherwise , Number and street (or P 0 box number if mail is not delivered to street print
34-1862239
address) Room/suite B Telephone number (see instructions)
or type.
P.O.
BOX 20881
C D
(330)
456-7900
State ZIP code See Specific city or town Instructions. CANTON OH 4 4 7 0 1 H Check type of organization X Section 501(c)(3) exempt private foundation Section 4947 ( a ) (1 ) nonexem p t charitable trust Other taxable p rivate foundation 1 Fair market value of all assets at end of year Accrual J Accountin method: X Cash g (from Part fl, column (c), line 16) y Other (s p ecif y ) _ _ _ _ _ _ _ _ _ _ _ _ _ Part column (d) must be on cash basis $ 4 , 264 , 410.
If exemption application is pending, check here 1 Foreign organizations, check here 2 Foreign organizations meeting the 85% test, check u here and attach computation If private foundation status was terminated E under section 507(bXl)(A) , check here F If the foundation is in a 60-month termination under section 507(bXlXB), check here .
ll- F]
Part I
207 , 000.
199 168.
199 , 168.
607 , 420.
CV
607 , 420.
E E
8 Net short-term capital gain 9 Income modifications 10a Gross sales less returns and allowances b Less- Cost of goods sold c Gross profit/(loss) (aft sch) 11 Other income (attach schedule) Mandala Club LLC (11-3690801) 12 Total. Add lines 1 through 11
13 Compensation of officers, directors, trustees, etc
0. 1 , 013 , 588.
o
E
R A
A D I N
s T
R
T I G A
D
14 15 16a b c 17 18 19 21 22 23 24
Other employee salaries and wages Pension plans, employee benefits Legal fees (attach schedule) L-1 6a Strnt; Accounting fees (attach sch) L-16b Stmt Other prof fees (attach sch) L-1 6c Stmt Interest Taxes (attach schedule) See Line 18 Stmt Depreciation (attach schedule) and depletion
1 11 3
,
11
92 6 .
20 Occupancy
E E
p
Travel, conferences, and meetings Printing and publications Other expenses (attach schedule)
CE^^^^
N
S E
1 39 C
19 , 053 1 , 587 , 66M. ( ,_
RE 1
i0
1 , 587 , 660. -
ftt'?92t;.
1 587 660.
and disbursements
b Net Investment Income (if negative , enter -0-) C Adjusted net Income (if negative, enter -0-)
BAA For Privacy Act and Paperwork Reduction Act Notice , see the instructions .
PO[INfATT(N-
34-1 R;7739
Pane 7
P art II
1
2 3 4 5 6 7
B a l ance Sh eets
Attached schedules and amounts in the description column should be for end-of-year amounts only
(See instructions)
Cash - non-interest-bearing
Savings and temporary cash investments Accounts receivable ----------Less' allowance for doubtful accounts 01 ----------Pledges receivable ----------Less: allowance for doubtful accounts ----------Grants receivable Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) Other notes and loans receivable (attach sch) 2 91 _ ,_ 2 98 . 9 Less: allowance for doubtful accounts ----------Inventories for sale or use Prepaid expenses and deferred charges
107 238.
113, 088.
113 088.
A S
S E T S 8 9
1 , 830 , 283.
2 919 298.
2,949 , 347.
L-10b Stmt
2 , 764 , 455.
1 , 076 , 465.
1 , 201 , 975.
----------Less. accumulated depreciation l1b (attach schedule) - - ------12 Investments - mortgage loans 13 Investments - other (attach schedule) 14 Land, buildings, and equipment basis ----------Less: accumulated depreciation (attach schedule) 15 Other assets (describe ----------------16 Total assets (to be completed by all filers -
4,701,976,
4 , 108 , 851. 1
4 , 26-4 , 410.
N F E U T N D S S E T S B A L A N
24 25 26
O C E
R S
29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances (see instructions)
31 Total liabilities and net assetslfund balances
see instructions)
dart III I Analysis OT (:flanges in Net Assets or Fund Balances 1 2 3 4 5 6 BAA
Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) Enter amount from Part I, line 27a . Other increases not included in line 2 (itemize) ^ ---------------------------- -Add lines 1, 2, and 3 Decreases not included in line 2 (itemize) ^ ---------------------------- -Total net assets or fund balances at end of year ( line 4 minus line 5) - Part II, column (b) , line 30 TEEAo3o2 01 r29107
1 2 3 4 5 6
4 , 701 , 976. -593 , 125. 4 1 108,851. 4 , 108 , 851. Form 990-PF (2006)
F rm 990-PF 2006
INC.
(b) How acquired P - Purchase D - Donation
34-1862239
(C) Date acquired (month , day, year)
Pa ge 3
(d) Date sold (month , day, year)
Part IV
various
various
various
various
e
(e) Gross sales price (f) Depreciation allowed (or allowable ) (g) Cost or other basis plus expense of sale (h) Gain or (loss) (e) plus (f) minus (g)
a b C
d e
3,212,132 . 11 , 826.
2 , 616 , 538. 0.
Com p lete only for assets showin (i) Fair Market Value as of 12/31/69
gain in column (h) and owned by the foundation on 12/31 /69 (k) Excess of column (i) (j) Adjusted basis over column Q ), if any as of 12/31 /69
(I) Gains (Column (h) gain minus column ( k), but not less than -0-) or Losses (from column (h))
a b c
d
0. 0.
0. 0.
0. 0.
e
2 3 Capital gain net income or (net capital loss) If ain, also enter in Part I, line 7 - [If?loss), enter - 0- in Part 1, line 7
607 420.
Net short - term capital gain or (loss) as defined in sections 1222(5) and (6): If gain , also enter in Part 1, line 8, column (c) (see instructions). If (loss ), enter -0in Part I , line 8
3 Part V I Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank. Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? If 'Yes,' the foundation does not qualify under section 4940 (e). Do not complete this part 1 Enter the appropriate amount in each column for each year; see instructions before making any entries. a (b) Base period years Adjusted qualifying distributions Net value of Calendar year (or tax year nonchantable-use assets beginning in) Yes
56 , 262.
No
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 Enter the net value of noncharitable-use assets for 2006 from Part X, line 5 Multiply line 4 by line 3 Enter 1 % of net investment income (1 % of Part I, line 27b) Add lines 5 and 6 Enter qualifying distributions from Part XII, line 4 . .
4 5 6 7 8
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1 b, and complete that part using a 1 % tax rate . See the Part VI instructions. BAA Form 990-PF (2006)
TEEA0303 12/28/06
Part VI
FOUNDATION, INC. 4-1862239 txcise Tax leased on investment income (Section 4940(a), 4940(b), 4940(e), or 4948 - see i nstructions) 1 _ 2 3 4 5
Page 4
1 a Exempt operating foundations described in section 4940(d)(2), check here and enter 'N/A' on line 1. Date of ruling letter. - _ _ _ - - (attach copy of ruling letter if necessary - see instructions) b Domestic foundations that meet the section 4940(e) requirements in Part V, check here X1 and enter 1 % of Part I, line 27b c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, column (b) 2
7 , 848.
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) . . 3 Add lines 1 and 2 4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) 5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -06 Credits/Paymentsa 2006 estimated tax pmts and 2005 overpayment credited to 2006 4,466. 6a b Exempt foreign organizations - tax withheld at source 6b c Tax paid with application for extension of time to file (Form 8868) 6c . d Backup withholding erroneously withheld 6d 7 Total credits and payments. Add lines 6a through 6d . . if Form 2220 is attached 8 Enter any penalty for underpayment of estimated tax Check here 9 Tax due . If the total of lines 5 and 8 is more than line 7, enter amount owed .. 10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid 11 Enter the amount of line 10 to be: Credited to 2007 estimated tax ^ Refunded
0. 7 , 848. 0. 7 , 848.
7 8 9 10 11
4 , 466. 3 , 382.
1c
4a 4b 5
X X
8b
Form 990-PF(2006)
TEEA0304
01/29107
INC.
34-1862239
Pa g e 5
b If 'Yes', did the foundation have a binding written contract in effect on August 17, 2006, covering the interest, rents, royalties, an annuities described in the attachment for line 11 a? 11b 12 Did the foundation acquire a direct or indirect interest in any applicable insurance contract? 12 X 13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? 13 X Website address 0' N/A ------------------------ -----------------
Telephone no ^
Located at ^ 612 Market-Ave- South, CantonL Ohio _ _ - - _ _ _ _ - ZIP + 4 ^ Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here and enter the amount of tax-exem pt interest received or accrued during the year
Part VII- B I Statements Reg ardin g Activities for Which Form 4720 May Be Req uired
File Form 4720 if any item is checked in the Yes' column , unless an exception applies. 1 a During the year did the foundation (either directly or indirectly). (1) Engage in the sale or exchange, or leasing of property with a disqualified person' (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? (5) Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? (6) Agree to pay money or property to a government official? (Exception . Check 'No' if the foundation agreed to make a grant to or to employ the official for a period after termination of government service, if terminating within 90 days.) b If any answer is 'Yes' to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations section 53 .4941 (d)- 3 or in a current notice regarding disaster assistance (see instructions)? Organizations relying on a current notice regarding disaster assistance check here c Did the foundation engage in a prior year in any of the acts described in l a, other than excepted acts, that were not corrected before the first day of the tax year beginning in 2006? 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 (1)(3) or 49420 )(5))a At the end of tax year 2006, did the foundation have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning before 2006 ' If 'Yes,' list the years 1" 20 , 20 , 20 , 20-0 Yes X] No
11 Yes
11 Yes
No
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) to all years listed, answer 'No' and attach statement - see instructions) c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here
2b
11 20
,20
,20
,20
El Y es No
3a Did the foundation hold more than a 2% direct or indirect interest in any business en t erprise a t any t ime d uring th e year ? b If 'Yes,' did it have excess business holdings in 2006 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 2006.) 4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? 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 beg inning in 2006? BAA
3b 4a
X X
TEEA0305
01/29/07
Form 990-PF 2006 THE OLIVE BRANCH FOUNDATION , INC. 34-1862239 Part VII - B Stateme n ts Reg ardin g Activities for Which Form 4720 May Be Req uired Continued
5a During the year did the foundation pay or incur any amount to: (1) Carry on propaganda , or otherwise attempt to influence legislation (section 4945 (e))? (2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly , any voter registration drive? (3) Provide a grant to an individual for travel , study , or other similar purposes? (4) 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)? (see instructions) (5) Provide for any purpose other than religious, charitable , scientific , literary, or educational purposes, or for the prevention of cruelty to children or animals? b If any answer is 'Yes' to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations section 53 4945 or in a current notice regarding disaster assistance (see instructions)? Organizations relying on a current notice regarding disaster assistance check here c If the answer is 'Yes' to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responsibility for the grant? If 'Yes,' attach the statement required by Regulations section 53 4945-5(d) 6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? If you answered 'Yes' to 6b, also file Form 8870. 7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? 11 Yes Yes Yes Yes Yes X] No No LXJ No No No
Page 6
5b Do. Yes F1 No
Yes
No 6b X
Yes
XQ No
b If yes, did the foundation receive any p roceeds or have any net income attributable to the transaction? 7b artVIII Information About Officers . Directors . Trustees . Foundation Manaaers . Hiahly Paid EmDlovees.
and Contractors
1 List all officers. directors, trustees. foundation mananere. and their cmmnencatinn (see inctructinnsl_
0. 0.
0.
0. 0.
0.
0. 0.
0.
Part Time
Jame_s_Bactnola _____________ Trustee 11 Concord Circle, Austin, Texas 78737 Part Time ------------------------2
Comnensation of five highest- paid emnlovees (other than those included on line 1 - see inctructinnd _ If nnne _ enter'NONE_'
(a) Name and address of each employee paid more than $50,000
(b) Title and average hours per week devoted to position N/A N/A
(c) Compensation
NONE -----------------------NONE ---------------------------------------------------------------------------------------------Total number of other employees paid over $50,000 BAA
0.
0.
'
TEEA0306
12/29/06
Form 990-PF 2006 THE OLIVE BRANCH FOUNDATION , INC. 34-1862239 Information About Officers , Directors , Trustees , Foundation Managers, Highly Paid Employees, Part VIII
Pa g e 7
.
2 ------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
4 -------------------------------------------------------
All other program-related investments See instructions 3 ------------------------------------------------------------------------------------------------------------Total . Add lines 1 through 3 BAA None Form 990-PF (2006)
TEEA0307
12/29/06
INC.
34-1862239
Pa g e 8
Part X
1 a b c d e 2 3 4 5
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc, purposesAverage monthly fair market value of securities .. Average of monthly cash balances Fair market value of all other assets (see instructions) Total (add lines 1 a, b, and c) Reduction claimed for blockage or other factors reported on lines la and lc (attach detailed explanation) I 1e Acquisition indebtedness applicable to line 1 assets Subtract line 2 from line ld Cash deemed held for charitable activities Enter 1-1/2% of line 3 la 1 b 1c 1d 4 , 680 , 643. 496 , 286. 5 , 176 , 929.
2 3
5 , 176 , 929.
4
5 5
77, 654.
0 9 9 , 275.
254 , 964.
Part XI
1
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain forei g n org anizations check here ^ and do not com p lete this art.
1
2a 2b 7 , 848.
254 , 964.
2a Tax on investment income for 2006 from Part VI, line 5 b Income tax for 2006 (This does not include the tax from Part VI)
2c
3 4 5 6 7
7 , 848.
247 116.
The amount online 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction of tax in those years. Form 990-PF (2006)
TEEA0308
01/04/07
INC.
34-1862239
Page 9
line 7
Undistributed income, if any, as of the end of 2005 a Enter amount for 2005 only b Total for prior years 20 _ , 20 _ , 20 _ 3 Excess distributions carryover , if any, to 2006 0.
247 116.
a From 2001
bFrom 2002 c From 2003
2 , 350 , 740.
255, 757. 0.
d From 2004
39 , 973.
3 , 661 , 426.
e From 2005 614 956. f Total of lines 3a throug h e 4 Qualifying distributions for 2006 from Part
XII, line 4. 01
1,587,660.
a Applied to 2005, but not more than line 2a b Applied to undistributed income of prior years (Election required - see instructions) c Treated as distributions out of corpus (Election required - see instructions)
247 , 116.
5 , 001 , 970. 0.
0.
0.
0.
(see instructions)
8 9 10 Excess distributions carryover from 2001 not applied on line 5 or line 7 (see instructions) Excess distributions carryover to 2007. 2 , 350 , 740.
2 , 651 , 230.
Form 990-PF (2006) THE OLIVE BRANCH FOUNDATION , INC. Part XIV Private Operating Foundations (see instructions and Part VII -A, question 9)
34-1862239 N/A
Page 10
1 a If the foundation has received a ruling or determination letter that it is a private operating foundation , and the ruling is effective for 2006, enter the date of the ruling n 4942(1)(3) or b Check box to indicate whether the foundation is a private operating foundation described in section Prior 3 years Tax year 2a Enter the lesser of the adjusted net income from Part I or the minimum (c) 2004 2003 (a) 2006 (b) 2005 inves t men t re t urn f rom P ar t X f or each year listed b 85% of line 2a c Qualifying distributions from Part XII, line 4 for each year listed d Amounts included in line 2c not used directly for active conduct of exempt activities e Qualifying distributions made directly for active conduct of exem pt activities. Subtract line 2d from line 2c 3 Complete 3a , b, or c for the alternative test relied upon: a 'Assets' alternative test - enter: (1) Value of all assets (2) Value of assets quali fy ing under section 4942(j ) (3) (B) (i) b 'Endowment' alternative test - enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed c 'Support' alternative test - enter, (1) Total support other than gross
Part XV
1
Supplementary Information (Complete this part only if the organization had $5,000 or more in assets at any time durina the year - see instructions.)
Information Regarding Foundation 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) ) Marshall B. Belden, Jr. b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership a partnership or other entity) of which the foundation has a 10% or greater interest None
Information Regarding Contribution , Grant, Gift, Loan , Scholarship , etc, Programs: Check here 0, F1 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 under other conditions, complete items 2a. b, c, and d a The name , address , and telephone number of the person to whom applications should be addressedMarshall B. Belden, Jr
b The form in which applications should be submitted and information and materials they should include:
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factorsMust be within the Foundations purpose of improving quality of life and scope of human knowledge in the areas of science, medicine, literature, philosophy, enviromental science or sociology. BAA TEEAO31O 12/29/06 Form 990-PF (2006)
Form 990-PF 2006 THE OLIVE BRANCH FOUNDATION , Part XV Supplementary Information (continued)
3
INC.
34-1862239
Pag e 11
Grants and Contributions Paid During the Year or Approved for Future Payment If recipient is an individual, Recipient show any relationship to Foundation any foundation manager or status of recipient su b stantia l contri b utor Name and address (home or business) a Paid during the year
Amount
1,587,660.
Total
b Approved for future payment
3a
1 587 660.
0'
INC.
34-1862239
Page 12
rogram service revenuea b c d e f 9 Fees and contracts from government agencies Membership dues and assessments Interest on savings and temporary cash investments Dividends and interest from securities Net rental income or (loss) from real estate a Debt-financed property b Not debt-financed property 6 Net rental income or (loss) from personal property 7 Other investment income 8 Gain or (loss) from sales of assets other than inventory 9 Net income or (loss) from special events 10 Gross profit or (loss) from sales of inventory 11 Other revenue: a b C d e 12 Subtotal. Add columns (b), (d), and (e) umns Total. Add line 12, columns (b), (d), and (e) (See worksheet in the instructions for line 13 to verify calculations.) 2 3 4 5
14
199 , 168.
18
607 , 420.
806 588. 13
806,588.
Part XVI- B
BAA
TEEA0502
12r291o6
Form 990-PF 2006 34-1862239 THE OLIVE BRANCH FOUNDATION INC. Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Pa g e 13
Exempt Organizations
1 Did the organization directly or indirectly engage in any of the following with any other organization described 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: (1) Cash (2) Other assets b Other transactions' (1) Sales of assets to a nonchantable exempt organization (2) Purchases of assets from a noncharitable exempt organization (3) Rental of facilities, equipment , or other assets (4) Reimbursement arrangements (5) Loans or loan guarantees (6) Performance of services or membership or fundraising solicitations c Sharing of facilities, equipment , mailing lists , other assets, or paid employees . .
X X X X X X X X X
d If the answer to any of the above is 'Yes ,' complete the followin g schedule. Column (b) should always show the fair mar ket value of the goods, other assets , or services given by the reporting foundation . If the foundation received less than fair market v alue in any transaction or sharin g arrang ement , show in column (d) the value of the g oods , other assets , or services received. (a) Line no. (b) Amount involved (c) Name of noncharltable exempt oraamzation (d) DescriDtlon of transfers . transactions . and sharing arrangements
2a Is the foundation directly or indirectly affiliated with , or related to , one or more tax - exempt organizations Yes described in section 501(c) of the Code (other than section 501 (c)(3)) or in section 527 ? b If 'Yes .' complete the followino schedule. (a) Name of or g anization (b) Typ e of or g anization (c) Descri ption of relationshi p
XQ No
Under penalties of perjury, I declare that I have examined this return, including ac mm a Declaration of preparer (other than taxpayer or f duaary) is based on
S
G N Signature of officer or trustee
N E R E
Prepare r' s Paid signature Pre_ parer's Frm's name (or you rs One Only address, and zip code
I UnUL/ A4_& HALL KISTLER & COMPANY 220 MARKET AVE SOUTH -
LLP SUI
CANTON
BAA
OMB No 1545-OD47
Schedule of Contributors
Supplementary Information for line 1 of Form 990 , 990-EZ and 990- PF (see instructions) 2006
Employer identification number
Section: 501(c)( ) (enter number) organization 4947(a)(1) nonexempt charitable trust not treated as a private foundation 527 political organization X 501 (c)(3) exempt private foundation 4947(a)(1) nonexempt charitable trust treated as a private foundation 501 (c)(3) taxable private foundation
Form 990-PF
Check if your organization is covered by the General Rule or a Special Rule (Note : Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule - see instructions.) General Rule For organizations filing Form 990 , 990-EZ, or 990 -PF that received , during the year , $5,000 or more (in money or property) from any one contributor (Complete Parts I and II.)
Special Rules For a section 501(c)(3) organization filing Form 990, or Form 990 - EZ, that met the 33-1/3% support test of the regulations under sections 509(a)(1)/170(b)(1)(A)( vl) and received from any one contributor , during the year , a contribution of the greater of $5,000 or 2% of the amount on line 1 of these forms . (Complete Parts I and II.) For a section 501(c)(7), (8), or (10) organization filing Form 990 , or Form 990-EZ, that received from any one contributor , during the year, aggregate contributions or bequests of more than $1,000 for use exclusively for religious , charitable , scientific , literary, or educational purposes , or the prevention of cruelty to children or animals . (Complete Parts I, II, and III.) For a section 501 (c)(7), (8), or (10) organization filing Form 990 , or Form 990 - EZ, that received from any one contributor, during the year, some contributions for use exclusively for religious , charitable , etc, purposes , but these contributions did not aggregate to more than $1,000. (If this box is checked , enter here the total contributions that were received during the year for an exclusively religious, charitable, etc, purpose . Do not complete any of the Parts unless the General Rule applies to this organization because it received nonexcluslvely I- $ religious , charitable , etc, contributions of $5,000 or more during the year) Caution : Organizations that are not covered by the General Rule and/or the Special Rules do not file Schedule B (Form 990, 990-EZ, or 990-PF) but they must check the box in the heading of their Form 990, Form 990-EZ, or on line 2 of their Form 990-PF, to certify that they do not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF). BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 , Form 990- FZ, and Form 990-PF. Schedule B (Form 990, 990-EZ, or 990-PF) (2006)
TEEA0701
01/18/07
of 1
Employer Identi fication number
of Part
INC.
34-1862239
Contributors (See Specific Instructions ) (b) Name, address, and ZIP + 4 (c) Aggregate contributions (d) Type of contribution
Person
Payroll
Noncash
(Complete Part II if there
is a noncash contribution.)
(d) Type of contribution
(a) Number
Susan A.
Belden__________________________
Canton OH 44702 -------- ---------------------------(a) Number (b) Name , address, and ZIP + 4 (c) Aggregate contributions
is a noncash contribution.)
(d) Type of contribution
-------- ----------------------------$
-------- -----------------------------
(a)
Number
(b)
Name , address , and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
-------- ----------------------------$
Person Payroll Noncash (Complete Part II if there is a noncash contribution ) (c) Aggregate (d) Type of contribution
contributions
Person Payroll Noncash (Complete Part II if there is a noncash contribution.) (c) Aggregate contributions (d) Type of contribution
-------- ----------------------------$
-------- ----------------------------$
BAA
TEEA0702
01n8/07
THE OLIVE BRANCH FOUNDATION, INC Form 990-PF, Page 1, Part I, Line 18 Line 18 Stmt Taxes: (see instructions) Federal Total Rev/Exp Book I 3,500. 3,500.
34- 1862239
Charity Disb
Line 23 Stmt
Other expenses: Foreign Tax paid Ohio Filing Fee Bank Fees Total Rev/Exp Book 1,041. 225. 130. 1,396. Net Inv Inc Adl Net Inc Charity Disb
Total
Amount Paid
1,630. 1,630.
Amount Paid
Stifel, Total
Nicolaus
11,926. 11,926.
,THE OLIVE BRANCH FOUNDATION, INC. Form 990-PF, Page 2, Part II, Line 1 Ob L-10b Stmt
34- 1862239
End of Year
Line 1 Ob - Investments - Corporate Stock: Book Value I I Fair Market Value 1,201,975. 1,201,975.
(34-1862239)
STMT 1
Page 1 of 8
4/28/2007 10:46 AM
0.680 125 400 100 200 25 300 500 3,072 88 107 51 7 408 61 71 162 20 6 831 250 10 9,551 810 4 118 365 200 150 200 27 1,412 250 250 500
Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased
4/1/2006 7/22/2005 6/8/2005 6/28/2005 6/28/2005 7/22/2005 7/22/2005 7/22/2005 6/8/2005 6/24/2005 9/23/2005 12/15/2005 12/15/2005 12/30/2005 3/24/2006 6/24/2005 9/23/2005 12/15/2005 12/15/2005 12/30/2005 12/19/2005 6/22/2006 5/24/2006 4/12/2006 6/22/2006 11/8/2005 4/1/2006 8/19/2005 6/22/2006 4/7/2006 6/23/2006 5/24/2006 4/7/2006 8/19/2005 4/7/2006
4/4/2006 5/5/2006 5/17/2006 5/17/2006 5/17/2006 5/22/2006 5/22/2006 5/22/2006 5/24/2006 5/24/2006 5/24/2006 5/24/2006 5/24/2006 5/24/2006 5/24/2006 6/22/2006 6/22/2006 6/22/2006 6/22/2006 6/22/2006 6/22/2006 7/14/2006 7/14/2006 7/14/2006 7/14/2006 7/19/2006 7/19/2006 7/19/2006 7/31/2006 7/31/2006 7/31/2006 7/31/2006 7/31/2006 7/31/2006 7/31/2006
44.28 7,812.32 18,424.03 4,606.01 9,212.02 1,144.96 13,739.52 17,849.90 38,371.74 1,101.36 1,337.13 636.60 89.72 5,098.03 756.14 994.13 2,263.71 275.11 85.97 11,600.27 250,000.00 29,867.08 100,000.00 24,884.37 113.36 5,597.74 23,862.96 9,091.72 9,255.01 8,031.75 417.91 15,000.00 5,062.37 12,042.13 7,609.76
43.15 4,060.00 19,496.00 5,026.00 10,060.00 812.00 9,750.00 14,695.00 38,491.83 1,104.80 1,341.31 638.60 90.00 5,113.99 758.51 1,015.94 2,313.38 281.15 87.85 11,854.78 250,000.00 30,730.00 100,573.06 25,000.00 107.62 3,882.20 23,162.90 8,498.00 8,982.00 7,338.00 383.31 14,872.88 5,537.50 10,622.50 7,365.00
1.13 3,752.32 (1,071.97) (419.99) (847.98) 332.96 3,989.52 3,154.90 (120.09) (3.44) (4.18) (2.00) (0.28) (15.96) (2.37) (21.81) (49.67) (6.04) (1.88) (254.51) (862.92) (573.06) (115.63) 5.74 1,715.54 700.06 593.72 273.01 693.75 34.60 127.12 (475.13) 1,419.63 244.76
STMT 2
Page 2 of 8
4/28/2007 10:46 AM
STMT 2
Page 3 of 8
4/28/2007 10:46 AM
200 100
Purchased Purchased
6/18/2003 6/18/2003
1/25/2006 1/25/2006
14,451.99 7,226.00
3,844.00 1,923.00
10,607.99 5,303.00
STMT 2
Page 4 of 8
4/28/2007 10:46 AM
STMT 2
Page 5 of 8
4/28/2007 10:46 AM
STMT 2
Page 6 of 8
4/28/2007 10:46 AM
STMT 2
Page 7 of 8
4/28/2007 10:46 AM
STMT 2
Page 8 of 8
4/28/2007 10:46 AM
STMT 2
Date
Relationship to Substantial Contributor and Foundation Status of Recipient None Section 501 (c) ( 3 )
Amount 50,000
3/6/2006 Institute of Science and Technology 1000 N. 4th Street Fairfield, Iowa 82557 3/7/2006 Canton Student Loan 4974 Higbee Avenue NW Canton, Ohio 44718 4/13/2006 Wildlife Habitat Conservance Inc 3500 26th St NW Canton, Ohio 44708 5/24/2006 Justice Through Music Program P.O. Box 9576 Washington, DC 20016 6/19/2006 Wildlife Habitat Conservance Inc 3500 26th St NW Canton, Ohio 44708 6/28/2006 J. Babe Steam Community Center 2628 13th Street NW Canton, Ohio 44708 6/29/2006 Institute of Science and Technology 1000 N. 4th Street
Fairfield, Iowa 82557
750
Educate the public on value of green space and promote environmental education
5,000
5,000
Educate the public on value of green space and promote environmental education
5,000
10,000
50,000
STMT 3
7/24/2006 Canton Preservation Society 116 Cleveland Ave N.W. Suite 300 Canton, Ohio 44702 8/8/2006 Justice Through Music Program P.O. Box 9576 Washington, DC 20016 8/9/2006 American University in Cairo 113 Kasr El Aini St., P.O. Box 2511 Cairo, 11511, Egypt 8/31/2006 Maharishi Vedic Foundation P.O. Box 1839 Hillsboro, New Hampshire 03244 9/7/2006 Greater Cleveland World Peace Conference 8928 Ashford Castle Dr Indianapolis, IN 46250 9/20/2006 Institute of Science and Technology 1000 N. 4th Street Fairfield, Iowa 82557 10/30/2006 Trinidad and Tobago Peace Association Fund RBTT Bank, 70 Western Main Rd ST. James, Trinidad 11/10/2006 Maharishi Global Development Fund 225 Wisperinghills Road, Suite 400 Boone, North Carolina 28607 11/13/2006 Maharishi School of the Age of Enlinghtment 804 N. 3rd Street Fairfield, Iowa 52556
2,500
10,000
Contribution to Education
6,910
180,000
2,000
10,000
50,000
To inspire the creation of healthy housing, create world peace and establish Vedic centers throughout the world. Education Fundraiser
1,200,000
500
1,587,660
STMT 3