Baker Family Trust in Wellesley, Massachusetts (MA)
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 Massachusetts
| Baker Family Trust | |
| Employer Identification Number (EIN) | 046628772 |
| Name of Organization | Baker Family Trust |
| In Care of Name | Jon M Baker |
| Address | 62 Walnut Street, Wellesley, MA 02481-2113 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 12/1990 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,705,567 |
| Amount of Income | $3,080,168 |
| Form 990 Revenue Amount | $175,000 |
Non-representatives - add comments:
Expenses 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 | $50,000 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $50,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $66,335 | $0 | $0 | $64,765 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,570 | $0 | $0 | |
| Contributions, gifts, grants paid | $64,765 | |||
| Excess of revenue over expenses and disbursements | $-16,335 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $108,091 | $108,091 |
| Cash - non-interest-bearing | $108,091 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| 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 | $108,091 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $51 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $51 |
| 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 | $51 |
| Amount to be credited to 2013 estimated tax | $51 |
| 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 | $94,682 |
| Net value of noncharitable-use assets | $93,260 |
| Minimum investment return | $4,663 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,663 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,663 |
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Badminton & Tennis Club | 52 Hemenway St, Boston, MA 02115-2909 | MA | 1941-07 | $642,947 |
| 2 | Bagly Inc | Floor 3 Ste 301, Boston, MA 02108 | MA | 1984-01 | $1,246,553 |
| 3 | Bagnall Education Foundation Inc | PO BOX 75, Groveland, MA 01834-0075 | MA | 1993-12 | $6,257 |
| 4 | Baikar Association Inc | 755 Mount Auburn St, Watertown, MA 02472-1509 | MA | 1941-04 | $220,438 |
| 5 | Baileys Team Inc | 164 Westside Ave, N Attleboro, MA 02760-1436 | MA | 2009-01 | $101,146 |
| 6 | Bailin Brothers Foundation | 76 Mill St, Worcester, MA 01603-2018 | MA | 2005-09 | $125,488 |
| 7 | Bain Capital Childrens Charity Ltd | 200 Clarendon St, Boston, MA 02116-5021 | MA | 1997-12 | $1,705,348 |
| 8 | Bais Yaakov Of Boston Inc | 240 Commercial St, Boston, MA 02109-1315 | MA | 1995-12 | $839,579 |
| 9 | Baker Brook Foundation, Leonard Herman B & K A Angell Co-Tt | 267 Main St, Concord, MA 01742-2405 | MA | 2000-02 | $19,539 |
| 10 | Baker Family Foundation Inc | 14 Garfield Rd, Milton, MA 02186-2805 | MA | 2001-01 | $922,566 |
| 11 | Baker Family Trust | 62 Walnut Street, Wellesley, MA 02481-2113 | MA | 1990-12 | $3,080,168 |
| 12 | Baker School Cooperative Kindergarten Inc | 205 Beverly Rd, Chestnut Hill, MA 02467-3136 | MA | 1976-11 | $890,116 |
| 13 | Bakers Island Association | 19 Noble Hill Rd, Beverly, MA 01915 | MA | 1987-10 | $0 |
| 14 | Bakers Island Lighthouse Preservation Society Inc | 84 Federal St, Newburyport, MA 01950-2815 | MA | 1999-07 | $11,600 |
| 15 | Bakers Union 45 & Subscribing Health & Welfare Trust | 1 Pleasant St, Framingham, MA 01701-4706 | MA | 1968-07 | $94,950 |
| 16 | Bakery And Confectionery Workers Local 348 Health And Welfare Fund | 1 Pleasant St, Framingham, MA 01701-4706 | MA | 1977-05 | $103,727 |
| 17 | Bakery Confectionery Tobacco Workers And Grain Millers Intl Uni, Local 348 | 1 Pleasant St, Framingham, MA 01701-4706 | MA | 1959-05 | $165,758 |
| 18 | Bakery Confectionery Tobacco Workers And Grain Millers Intl Uni, Local 45 | 95 Golden Rd, Stoughton, MA 02072-1920 | MA | 1940-08 | $37,930 |
| 19 | Balamand Educational Foundation Inc | 10 Eli Whitney St, Westboro, MA 01581-3518 | MA | 1996-05 | $1,071,507 |
| 20 | Balfour Gold Dusters | PO BOX 12, N Attleboro, MA 02761-0012 | MA | 1997-06 | $89,688 |
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