Fromson Foundation Inc in Rockville, Connecticut (CT)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Connecticut
Fromson Foundation Inc | |
Employer Identification Number (EIN) | 061074374 |
Name of Organization | Fromson Foundation Inc |
In Care of Name | Anocoil Corporation |
Address | PO BOX 1318, Rockville, CT 06066-1318 |
Activities | Supplying money, goods or services to the poor |
Subsection | Charitable Organization |
Ruling Date | 11/1983 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 11/2014 |
Assets | $500,000 to $999,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $776,394 |
Amount of Income | $91,968 |
Form 990 Revenue Amount | $11,876 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
Analysis of Revenue and Expenses (for 2012) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $121,841 | $121,841 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $15 | |||
Dividends and interest from securities | $11,830 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $109,996 | |||
Total expenses and disbursements | $68,038 | $302 | $0 | $66,567 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $15,153 | $302 | $13,682 | |
Contributions, gifts, grants paid | $52,885 | |||
Excess of revenue over expenses and disbursements | $53,803 | |||
Net investment income | $121,539 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $851,113 | $893,311 |
Cash - non-interest-bearing | $20,793 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $480,408 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $349,912 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $851,113 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $109,996 |
Net capital loss | $0 |
Excise Tax Based on Investment Income (for 2012) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $2,431 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $5 |
Tax due | $2,436 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
Statements Regarding Activities (for 2012) | |
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? | No |
Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
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 2012 or the taxable year beginning in 2012? | No |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
During the year did the foundation (either directly or indirectly): | |
Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
Agree to pay money or property to a government official? | No |
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
During the year did the foundation pay or incur any amount to: | |
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
Provide a grant to an individual for travel, study, or other similar purposes? | Yes |
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)? | No |
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
Minimum Investment Return (for 2012) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $759,170 |
Net value of noncharitable-use assets | $747,780 |
Minimum investment return | $37,389 |
Distributable Amount (for 2012) | |
Distributable amount | $34,958 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $34,958 |
Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
Private Operating Foundations (for 2012) | |||||
2012 | 2011 | 2010 | 2009 | Total | |
---|---|---|---|---|---|
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 |
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Other organizations in Connecticut | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Friends Of Valley Falls Inc | P O Box 2008, Vernon, CT 06066 | CT | 1995-05 | $0 |
2 | Friends Of Westbrook Public Library | 61 Goodspeed Drive, Westbrook, CT 06498 | CT | 2004-02 | $16,958 |
3 | Friends Of Wood Memorial Library Inc | PO BOX 198, South Windsor, CT 06074-0198 | CT | 1971-04 | $149,675 |
4 | Friends Of Woodbridge Library Incorporated | C/O Woodbridge Town Library 10 Newt, Woodbridge, CT 06525 | CT | 1974-05 | $18,417 |
5 | The Gift Of Hope Usa Inc | 1127 High Ridge Rd Ste 251, Stamford, CT 06905-1203 | CT | 2008-08 | $13,361 |
6 | Friendship Circle Inc | 280 Country Club Rd, Avon, CT 06001-2508 | CT | 2005-10 | $121,351 |
7 | Friendship House Incorporated | PO BOX 3221, Stamford, CT 06905-0221 | CT | 1967-06 | $941,612 |
8 | Friendship Service Center Of New Britain Inc | PO BOX 1896, New Britain, CT 06050-1896 | CT | 1971-02 | $3,605,610 |
9 | Frisbie School Pto | 24 Todd Rd, Wolcott, CT 06716-2821 | CT | 2000-08 | $35,938 |
10 | Fritz Eager Foundation For Art Education Inc | C/O Nc High School Farm Road, New Canaan, CT 06840 | CT | 1996-09 | $2,095 |
11 | Fromson Foundation Inc | PO BOX 1318, Rockville, CT 06066-1318 | CT | 1983-11 | $91,968 |
12 | Front Porch Foundation Incorporated | 78 Walden Ave, New London, CT 06320-2723 | CT | 2005-05 | $66,377 |
13 | Frozen Food Association Of New England Inc | PO BOX 6377, Wolcott, CT 06716-0377 | CT | 1958-04 | $169,693 |
14 | Farmington Bank Foundation Inc | 32 Main St, Farmington, CT 06032-2242 | CT | 1999-08 | $688,914 |
15 | Lifebridge Community Services Inc | 475 Clinton Ave, Bridgeport, CT 06605-1700 | CT | 1934-02 | $10,601,658 |
16 | Fuchs Family Foundation Inc | C/O Russell Fuchs 975 Banks North, Fairfield, CT 06430 | CT | 2001-10 | $577,239 |
17 | Fuel Cell Power Association | 3 Great Pasture Rd, Danbury, CT 06810-8153 | CT | 1999-11 | $1,000 |
18 | Full Force Dance Theatre Inc | 3 Finger Ln, West Hartford, CT 06107-3112 | CT | 2003-02 | $1,047 |
19 | Furpocalypse Inc | 26 Wheeler Hill Dr, Durham, CT 06422-1605 | CT | 2004-07 | $65,231 |
20 | Furniture Bank Of Southeast Connecticut Inc | PO BOX 124, Gales Ferry, CT 06335-0124 | CT | 2005-10 | $95,164 |
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