Solomon And Katie Wohl Foundation in West Hartford, 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Connecticut
| Solomon And Katie Wohl Foundation | |
| Employer Identification Number (EIN) | 066032085 |
| Name of Organization | Solomon And Katie Wohl Foundation |
| In Care of Name | Samuel H Title |
| Address | 48 Henley Way, West Hartford, CT 06117-1451 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 01/1943 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $200,429 |
| Amount of Income | $209,627 |
| Form 990 Revenue Amount | $-33,244 |
Non-representatives - add comments:
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 | $-33,244 | $34,433 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $1,578 | |||
| Dividends and interest from securities | $32,837 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-10,412 | |||
| Total expenses and disbursements | $91,717 | $1,769 | $0 | $36,150 |
| Compensation of officers, directors, trustees, etc. | $27,000 | |||
| Total operating and administrative expenses | $55,567 | $1,769 | $0 | |
| Contributions, gifts, grants paid | $36,150 | |||
| Excess of revenue over expenses and disbursements | $-124,961 | |||
| Net investment income | $32,664 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $216,553 | $206,620 |
| Cash - non-interest-bearing | $13,448 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $203,105 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $216,553 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-57,247 |
| 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 | $327 |
| Total credits and payments | $8 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $8 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $319 |
| 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? | Yes |
| 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 | $268,645 |
| Net value of noncharitable-use assets | $264,620 |
| Minimum investment return | $13,231 |
| Distributable Amount (for 2012) | |
| Distributable amount | $12,904 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $12,904 |
| 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 |
| Unrelated Trade or Business Income (for 2009) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $81,811 | $0 | $8,181 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $8,181 | $0 | $8,181 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2009) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $8,181 |
| Unrelated business taxable income before net operating loss deduction | $8,181 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $8,181 |
| Specific deduction | $1,000 |
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| Other organizations in Connecticut | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rowayton Arts Center Inc | 145 Rowayton Ave, Rowayton, CT 06853-1411 | CT | 1962-11 | $219,368 |
| 2 | Royce Family Fund Inc | 8 Sound Shore Dr Ste 140, Greenwich, CT 06830-7259 | CT | 1986-09 | $14,605,333 |
| 3 | Ruth And Jack Glantz Family Foundation Inc | PO BOX 1147, Madison, CT 06443-1147 | CT | 1998-08 | $230,958 |
| 4 | Ruth Lloyd Trust Uw Fbo Metro Museum Of Art | PO BOX 120, Stamford, CT 06904-0120 | CT | $523,776 | |
| 5 | Sarah Inc | 246 Goose Ln Ste 101, Guilford, CT 06437-2186 | CT | 1960-07 | $8,419,948 |
| 6 | Seven Angels Theatre Inc | PO BOX 3358, Waterbury, CT 06705-0358 | CT | 1991-04 | $829,941 |
| 7 | Silverleaf Foundation Inc | PO BOX 1177, New Canaan, CT 06840-1177 | CT | 2001-04 | $136,060 |
| 8 | Silvermine Guild Of Artists Inc | 1037 Silvermine Rd, New Canaan, CT 06840-4337 | CT | 1948-12 | $2,211,058 |
| 9 | Society For Experimental Mechanics | 7 School St, Bethel, CT 06801-1855 | CT | 1989-05 | $931,221 |
| 10 | Society Of Plastics Engineers Inc | 6 Berkshire Blvd Ste 306, Bethel, CT 06801-1065 | CT | 1945-05 | $4,228,137 |
| 11 | Solomon And Katie Wohl Foundation | 48 Henley Way, West Hartford, CT 06117-1451 | CT | 1943-01 | $209,627 |
| 12 | Sound Community Services Inc | PO BOX 2170, New London, CT 06320-2170 | CT | 1981-11 | $9,207,630 |
| 13 | South Kent School Corp | 40 Bulls Bridge Rd, South Kent, CT 06785-1118 | CT | 1935-01 | $14,263,800 |
| 14 | Southwest Regional Mental Health Board Inc | One Park Street, Norwalk, CT 06851-4841 | CT | 1976-05 | $305,564 |
| 15 | St Vincents Special Needs Center Inc | 95 Merritt Blvd, Trumbull, CT 06611-5435 | CT | 1956-04 | $23,158,204 |
| 16 | Stamford Center For The Arts Inc | 61 Atlantic St, Stamford, CT 06901-2403 | CT | 1982-12 | $3,820,379 |
| 17 | Stamford Jewish Center Incorporated | 1035 Newfield Ave, Stamford, CT 06905-2521 | CT | 1949-02 | $6,135,576 |
| 18 | Staywell Health Care Inc | 80 Phoenix Ave Ste 201, Waterbury, CT 06702-1418 | CT | 1992-07 | $14,644,462 |
| 19 | Stephen And Sandra Waters Foundation Inc | 15 Delwood Ln, Greenwich, CT 06830-4814 | CT | 1986-02 | $4,531 |
| 20 | Team Inc | 30 Elizabeth St, Derby, CT 06418-1802 | CT | 1974-10 | $8,895,238 |
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