Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585, Devito A M Jr & Kweskin S C Ttees in Darien, 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
| Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585, Devito A M Jr & Kweskin S C Ttees | |
| Employer Identification Number (EIN) | 066342857 |
| Name of Organization | Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585 |
| Secondary Name | Devito A M Jr & Kweskin S C Ttees |
| In Care of Name | Anthony M Devito Jr & Edward Kwes |
| Address | 46 Greenwood Ave, Darien, CT 06820-2401 |
| Activities | Non-exempt charitable trust described in section 4947(a)(1) of the Code |
| Subsection | 4947(a)(1) - Private Foundation (Form 990PF Filer) |
| Foundation | All organizations except 501(c)(3) |
| Exempt Organization Status | Trust described in section 4947(a)(2) of the IR Code |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,967,985 |
| Amount of Income | $588,263 |
| Form 990 Revenue Amount | $102,490 |
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 | $105,566 | $105,566 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $96,919 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $3,749 | |||
| Other | $4,898 | |||
| Total expenses and disbursements | $128,968 | $22,183 | $0 | $104,000 |
| Compensation of officers, directors, trustees, etc. | $18,200 | |||
| Total operating and administrative expenses | $24,968 | $22,183 | $0 | |
| Contributions, gifts, grants paid | $104,000 | |||
| Excess of revenue over expenses and disbursements | $-23,402 | |||
| Net investment income | $83,383 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,003,951 | $2,058,223 |
| Cash - non-interest-bearing | $282,433 | |
| Investments-U.S. and state government obligations | $192,530 | |
| Investments-corporate stock | $336,254 | |
| Investments-corporate bonds | $380,485 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $812,249 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,003,951 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $4,898 |
| 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 | $834 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $17 |
| Tax due | $851 |
| 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? | No |
| 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 | $2,022,734 |
| Net value of noncharitable-use assets | $1,992,400 |
| Minimum investment return | $99,620 |
| Distributable Amount (for 2012) | |
| Distributable amount | $98,786 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $98,786 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $4,282 |
| 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 | Lego Community Fund Us Inc | 555 Taylor Rd, Enfield, CT 06082-2372 | CT | 2008-02 | $1,014,110 |
| 2 | Legrand North America Foundation Inc | 60 Woodlawn St, W Hartford, CT 06110-2326 | CT | 1967-08 | $0 |
| 3 | Lehrman Institute | One Fawcett Place, Greenwich, CT 06830-6553 | CT | 1972-12 | $2,061,943 |
| 4 | Leila Day Nurseries Inc | 100 Cold Spring St, New Haven, CT 06511-2204 | CT | 1943-04 | $1,739,452 |
| 5 | Lemko Research Foundation Inc | 15 Locust Street, Norwalk, CT 06855 | CT | 1981-11 | $1,518 |
| 6 | Lempert Family Foundation | 16 Fairview Ave, Stamford, CT 06902-8129 | CT | 1999-01 | $33,699 |
| 7 | Lenore & Howard Klein Foundation Inc | 170 Mason St, Greenwich, CT 06830-6644 | CT | 1992-11 | $614,900 |
| 8 | Lenore R Bland & Sydney F Bland Charitable Foundation Inc, Bland R Lenore Pres | 13 Palestine Rd, Newtown, CT 06470-2524 | CT | 2000-04 | $60,299 |
| 9 | Leo J Ryan Education Foundation | 881 Lafayette St Ste 404, Bridgeport, CT 06604-4724 | CT | 1998-12 | $70,618 |
| 10 | Leo Nevas Family Foundation Inc | 4 Water St, Chester, CT 06412 | CT | 1963-10 | $6,467,568 |
| 11 | Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585, Devito A M Jr & Kweskin S C Ttees | 46 Greenwood Ave, Darien, CT 06820-2401 | CT | $588,263 | |
| 12 | Leona J Ward Charitable Foundation | 28 N Main St, West Hartford, CT 06107-1971 | CT | 1999-07 | $51,453 |
| 13 | Leona J Ward Charitable Tr Fbo St Anthony Church, Ferraro Mark J Ttee | 28 N Main St, West Hartford, CT 06107-1971 | CT | 2001-03 | $62,752 |
| 14 | Leona J Ward Supporting Organization, Ferraro Mark J Ttee | 28 N Main St, West Hartford, CT 06107-1971 | CT | 2001-03 | $65,701 |
| 15 | Leopold Swergold Family Foundation | 299 Compo Rd S, Westport, CT 06880-6516 | CT | 1999-01 | $1 |
| 16 | Leslie Jayne Meoni Trust | 123 Bank St, Waterbury, CT 06702-2205 | CT | 1978-10 | $965 |
| 17 | Lester And Phyllis Foster Foundation | 716 Pudding Hill Rd, Hampton, CT 06247-1502 | CT | 2004-07 | $724,092 |
| 18 | Greenwich Community Projects Fund Inc | 293 Rowayton Ave, Rowayton, CT 06853-1023 | CT | 1992-12 | $120,693 |
| 19 | Levi E Coe Library Association | PO BOX 458, Middlefield, CT 06455-0458 | CT | 1960-10 | $305,430 |
| 20 | Levine Foundation Incorporated | PO BOX 960, Hartford, CT 06143-0960 | CT | 1947-10 | $21,972 |
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