Susan A & Donald P Babson Charitable Foundation Of 1993, Nichols James R Et Al Ttee in Wilmington, Delaware (DE)
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
- Organizations performing similar types of work
Susan A & Donald P Babson Charitable Foundation Of 1993, Nichols James R Et Al Ttee | |
Employer Identification Number (EIN) | 046782460 |
Name of Organization | Susan A & Donald P Babson Charitable Foundation Of 1993 |
Secondary Name | Nichols James R Et Al Ttee |
In Care of Name | Wilmington Trust Co |
Address | 1100 N Market St, Wilmington, DE 19890-1100 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 12/1995 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $1,000,000 to $4,999,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $3,884,603 |
Amount of Income | $131,481 |
Form 990 Revenue Amount | $364,257 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $131,481 (it was $592,689 in 2012)
Susan A & Donald P Babson Charitable Foundation Of 1993, Nichols James R Et Al Ttee: | $131,481 |
Other organizations performing similar types of work: | $153,770 |
Assets in 2013: $3,884,603 (it was $3,483,145 in 2012)
Susan A & Donald P Babson Charitable Foundation Of 1993, Nichols James R Et Al Ttee: | $3,884,603 |
Other organizations performing similar types of work: | $516,948 |
Expenses in 2012: $265,710
This organization: | $265,710 |
Other organizations performing similar types of work: | $60,348 |
Income to expenses ratio in 2012: 0.5
This organization: | 0.5 |
Other organizations performing similar types of work: | 2.2 |
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 | $188,469 | $188,442 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $135,592 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $27 | |||
Other | $52,850 | |||
Total expenses and disbursements | $265,710 | $23,225 | $0 | $231,242 |
Compensation of officers, directors, trustees, etc. | $36,829 | |||
Total operating and administrative expenses | $65,894 | $23,225 | $31,426 | |
Contributions, gifts, grants paid | $199,816 | |||
Excess of revenue over expenses and disbursements | $-77,241 | |||
Net investment income | $165,217 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $3,483,145 | $4,633,886 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $386,727 | |
Investments-corporate stock | $2,462,678 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $258,653 | |
Other | $375,087 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $3,483,145 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $52,850 |
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 | $1,652 |
Total credits and payments | $6,680 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $6,680 |
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 | $0 |
Overpayment | $5,028 |
Amount to be credited to 2013 estimated tax | $1,680 |
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 | $4,579,937 |
Net value of noncharitable-use assets | $4,511,240 |
Minimum investment return | $225,562 |
Distributable Amount (for 2012) | |
Distributable amount | $223,910 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $223,910 |
Undistributed income for 2012. This amount must be distributed in 2013 | $40,648 |
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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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | The Wallace Research Foundation | Attn Kay Hegarty 221 Third Ave Se, Cedar Rapids, IA 52401-1522 | IA | 1996-05 | $44,138,975 |
2 | Trimix Foundation | 50 Park Row W Ste 113, Providence, RI 02903-1114 | RI | 1997-05 | $23,588,272 |
3 | Russell Grinnell Memorial Tr | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-10 | $13,669,625 |
4 | Wcp Foundation | 9 W 57th St, New York, NY 10019-2701 | NY | 1998-08 | $13,302,553 |
5 | Sage Foundation Inc | 16 Khakum Dr, Greenwich, CT 06831-3727 | CT | 1997-09 | $11,763,440 |
6 | Rothfeld Family Foundation Inc | 156 5th Ave Ste 904, New York, NY 10010-7762 | NY | 1998-02 | $9,649,897 |
7 | The Robert P And Arlene R Kogod Family Foundation | 2345 Crystal Drive 11th Floor, Arlington, VA 22202-4801 | VA | 1996-10 | $8,219,766 |
8 | Theodore Cross Family Charitable Foundation | 100 Merrick Road, Rockville Centre, NY 11570-4800 | NY | 1995-06 | $8,069,390 |
9 | Ruettgers Family Charitable Foundation, Ruettgers Michael C Ttee | 100 Federal Street 37th Floor, Boston, MA 02110-1802 | MA | 1997-09 | $7,375,679 |
10 | The Dickler Family Foundation | 501 Silverside Rd Ste 123, Wilmington, DE 19809-1377 | DE | 1996-12 | $7,174,609 |
11 | Swartz Foundation Ua 110594 | 6 Light House Pointroad, Lloyd Harbor, NY 11743 | NY | 1996-01 | $6,695,817 |
12 | Schultz Family Foundation | 4209 21st Ave W Ste 401, Seattle, WA 98199-1254 | WA | 1998-03 | $6,123,588 |
13 | The Lita Annenberg Hazen Foundation | 667 Madison Avenue, New York, NY 10065 | NY | 1995-11 | $5,371,103 |
14 | Slick Family Foundation | 4400 Silas Creek Pkwy Ste 302, Winston Salem, NC 27104-3823 | NC | 1997-04 | $4,692,739 |
15 | Russel & Deborah Taylor Foundation | 31 Indian Point Ln, Riverside, CT 06878-2622 | CT | 1997-06 | $4,443,249 |
16 | The Do More Foundation | 14952 W Cameron Dr, Surprise, AZ 85379-5217 | AZ | 1997-04 | $4,363,508 |
17 | Shikiar Family Foundation, Shikiar Stuart A Ttee | 30 E 85th St Apt 24b, New York, NY 10028-0462 | NY | 1996-12 | $3,993,513 |
18 | Scheick-Verrochki Fam Foundation Inc | C/O R Donovan 265 Washington St, Westwood, MA 02090 | MA | 1995-09 | $3,475,587 |
19 | Morse Foundation, Marshall Colin S Ttee | 1100 N Market St, Wilmington, DE 19890-1100 | DE | 1997-08 | $636,602 |
20 | Susan A & Donald P Babson Charitable Foundation Of 1993, Nichols James R Et Al Ttee | 1100 N Market St, Wilmington, DE 19890-1100 | DE | 1995-12 | $131,481 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 740 |
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