Andrew J & Joyce D Mandell Family Foundation Inc in Newington, Connecticut (CT)

Organization representatives - add corrected or new information about Andrew J & Joyce D Mandell Family Foundation Inc »

Non-representatives - add comments about Andrew J & Joyce D Mandell Family Foundation Inc»

Andrew J & Joyce D Mandell Family Foundation Inc
Employer Identification Number (EIN)222536600
Name of OrganizationAndrew J & Joyce D Mandell Family Foundation Inc
In Care of NameData Mail Inc
Address240 Hartford Ave, Newington, CT 06111-2077
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date11/1984
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$15,469,534
Amount of Income$1,546,068
Form 990 Revenue Amount$536,131
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 44.192.132.66 will be logged.

Amount of income in 2014: $1,546,068 (it was $3,507,435 in 2013)
Andrew J & Joyce D Mandell Family Foundation Inc: 

 $1,546,068
Other organizations performing similar types of work: 

 $56,000

Assets in 2014: $15,469,534 (it was $14,297,694 in 2013)
Andrew J & Joyce D Mandell Family Foundation Inc: 

 $15,469,534
Other organizations performing similar types of work: 

 $195,672

Expenses in 2014: $1,460,831
Andrew J & Joyce D Mandell Family Foundation Inc: 

 $1,460,831
Other organizations performing similar types of work: 

 $36,457

Income to expenses ratio in 2014: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2014: 46.9%
Andrew J & Joyce D Mandell Family Foundation Inc: 

 46.9%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$2,632,671$1,397,913$0
Contributions, gifts, grants, etc., received$1,234,758
Interest on savings and temporary cash investments$0
Dividends and interest from securities$311,108
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$202
Other$1,086,603
Total expenses and disbursements$1,460,831$56,297$0$1,393,281
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$0
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$67,550$56,297$0
Contributions, gifts, grants paid$1,393,281
Excess of revenue over expenses and disbursements$1,171,840
Net investment income$1,341,616
Adjusted net income$0
Balance Sheets
201220132014
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$11,529,047$11,877,073$14,297,694$15,855,363$15,469,534$18,321,352
Cash - non-interest-bearing$0$0$0
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$8,556,217$9,917,381$9,751,021
Investments-corporate bonds$2,408,208$3,383,608$3,882,640
Investments-mortgage loans$0$0$0
Investments-other$290,228$639,468$640,248
Other assets$0$0
Total liabilities$0$0$0
Total liabilities and net assets/fund balances$11,529,047$14,297,694$15,469,534
Capital Gains and Losses for Tax on Investment Income
201220132014
Capital gain net income$0$214,613$1,086,603
Net capital loss$-1,219$0$0
Excise Tax Based on Investment Income
201220132014
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$978$7,280$26,832
Total credits and payments$5,005$4,027$8,000
Current year estimated tax payments and previous year's overpayment credited to current year$5,005$4,027$8,000
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$3,253$18,832
Overpayment$0$0
Amount to be credited to next year's estimated tax$4,027$0$0
Statements Regarding Activities
201220132014
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
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?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?YesYes
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201220132014
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
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?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above 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?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year 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?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
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 this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
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?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201220132014
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$11,843,630$13,490,719$16,903,129
Net value of noncharitable-use assets$13,288,358$16,649,582
Minimum investment return$583,299$664,418$832,479
Distributable Amount
201220132014
Distributable amount$582,321$657,138$805,647
Undistributed Income
201220132014
Distributable amount for this year$582,321$657,138$805,647
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2011 - 2014)
2014201320122011Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$311,108$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
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?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Andrew J & Joyce D Mandell Family Foundation Inc to others? (optional)
  
Add photo of Andrew J & Joyce D Mandell Family Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Thomas A Forsyth Trust 1-00226-0, Dental Infirmary Trust 14-1002260PO BOX 1802, Providence, RI 02901-1802RI2001-02$16,709,760
2Soaring Eagle Academy8320 S Madison St, Burr Ridge, IL 60527-6215IL2005-12$4,112,285
3Sending Support Foundation5455 Landmark Pl Unit 909, Greenwood Vlg, CO 80111-1956CO2003-02$1,937,892
4Andrew J & Joyce D Mandell Family Foundation Inc240 Hartford Ave, Newington, CT 06111-2077CT1984-11$1,546,068
5Strategic Global Assistance Inc513 S Main St Ste 2, Elkhart, IN 46516-3208IN2000-09$1,246,429
6Whitewater Aquatic Center IncPO BOX 509, Whitewater, WI 53190-0509WI2002-03$752,525
7University Of The Southern Caribbean Alumni Assn Na Inc10808 Barn Wood Ln, Potomac, MD 20854-1328MD2001-08$107,738
8Shander St Cyril And Methodius Tr620 Liberty Ave, Pittsburgh, PA 15222-2722PA2001-04$92,338
9Aces Education Foundation Inc350 State St, North Haven, CT 06473-3108CT2004-03$70,719
10Stinky Spoke Foundation17606 Ne 152nd Street, Woodinville, WA 98072WA2009-06$55,911
11Thompson Family Foundation450 Fenton Pl, Charlotte, NC 28207-1918NC2000-07$47,586
12Burundi Friends InternationalPo Box 927356, San Diego, CA 92192-7356CA2009-03$45,118
13Timothy H Osmond Memorial Fund26133 W Grass Lake Rd, Antioch, IL 60002-7106IL2005-06$38,185
14The Magic Lantern Corporation107 Argall Way, Nevada City, CA 95959CA2008-03$36,960
15Tr U-A Charles M Shander Fbo University Of Scranton620 Liberty Ave, Pittsburgh, PA 15222-2722PA2001-04$20,298
16Shander Tr Fbo Marywood University620 Liberty Ave, Pittsburgh, PA 15222-2722PA2001-04$18,307
17Folta Family Foundation 33-19554602 Edna Ct, Somerset, NJ 08873-7345NJ2002-07$201
18Space Launch Foundation47 Loker St, Wayland, MA 01778-3718MA1999-09$15
19Ezras Chavetrim Inc1 Morris Rd, Spring Valley, NY 10977-3318NY2002-10$1
20Stamford Private Education Foundation IncPO BOX 3127, Stamford, CT 06905-0127CT2002-03$0
Number of organizations performing similar types of work
Alabama3
Arizona1
California6
Colorado3
Connecticut3
District of Columbia1
Florida8
Georgia4
Iowa3
Illinois3
Indiana3
Kansas1
Kentucky3
Louisiana1
Massachusetts6
Maryland5
Michigan4
Minnesota1
Missouri2
Mississippi1
North Carolina4
Nebraska1
New Hampshire1
New Jersey3
New York11
Ohio4
Oregon3
Pennsylvania8
Rhode Island5
South Carolina1
Tennessee2
Texas3
Utah2
Virginia4
Washington4
Wisconsin1
Total119

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Andrew J & Joyce D Mandell Family Foundation Inc and has no official or unofficial affiliation with Andrew J & Joyce D Mandell Family Foundation Inc