Black Mountain Foundation, Thorndike W Nicholas Ttee in Chestnut Hill, 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
| Black Mountain Foundation, Thorndike W Nicholas Ttee | |
| Employer Identification Number (EIN) | 046825487 |
| Name of Organization | Black Mountain Foundation |
| Secondary Name | Thorndike W Nicholas Ttee |
| In Care of Name | Samet & Company |
| Address | 1330 Boylston St, Chestnut Hill, MA 02467-2145 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 04/1997 |
| 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 | $1,048,337 |
| Amount of Income | $276,049 |
| Form 990 Revenue Amount | $60,843 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories |
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 | $20,242 | $41,166 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $41,937 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1,406 | |||
| Total expenses and disbursements | $45,950 | $7,003 | $0 | $39,500 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $6,450 | $7,003 | $0 | |
| Contributions, gifts, grants paid | $39,500 | |||
| Excess of revenue over expenses and disbursements | $-25,708 | |||
| Net investment income | $34,163 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,064,242 | $1,207,660 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $981,561 | |
| Other | $82,681 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $1,064,242 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-23,101 |
| 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 | $683 |
| Total credits and payments | $2,963 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,963 |
| 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 | $2,280 |
| Amount to be credited to 2013 estimated tax | $2,280 |
| 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 | $1,199,469 |
| Net value of noncharitable-use assets | $1,181,480 |
| Minimum investment return | $59,074 |
| Distributable Amount (for 2012) | |
| Distributable amount | $58,391 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $58,391 |
| 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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| 5 | Black And White Boston Comming Together Inc | 2345 Washington St 2nd Fl, Newton, MA 02462-1457 | MA | 1994-05 | $183,214 |
| 6 | Black Cat Rescue Inc | 191 Cedar Street Unit 1, Somerville, MA 02145 | MA | 2009-09 | $0 |
| 7 | Black Community Information Center Inc | 516 Warren St, Boston, MA 02121-1327 | MA | 2014-02 | $6,200 |
| 8 | Black Family Charitable Foundation Inc | 16 Ellie Ln, Wayland, MA 01778-1317 | MA | 1995-02 | $35,165 |
| 9 | Black Lotus Yoga Project Inc | 289 Sidney Street 1, Cambridge, MA 02139 | MA | 2004-07 | $81,190 |
| 10 | Black Ministerial Alliance Of Greater Boston Inc | 23262328r Washington St, Roxbury, MA 02119 | MA | 2001-01 | $3,640,731 |
| 11 | Black Mountain Foundation, Thorndike W Nicholas Ttee | 1330 Boylston St, Chestnut Hill, MA 02467-2145 | MA | 1997-04 | $276,049 |
| 12 | Black River Project Inc | 38 Antwerp St, Brighton, MA 02135 | MA | 1999-02 | $0 |
| 13 | Black Rock Cares | 19 Clubhouse Drive, Hingham, MA 02043 | MA | 2009-02 | $88,272 |
| 14 | Blackbird Productions Inc | 63 Highland Avenue, Cambridge, MA 02139 | MA | 2004-09 | $0 |
| 15 | Blackey Family Foundation | 5 Faxon Dr, Stow, MA 01775-2149 | MA | 2000-01 | $1 |
| 16 | Blackstone Headwaters Coalition | PO BOX 70688, Worcester, MA 01607-0688 | MA | 2002-10 | $3 |
| 17 | Blackstone Housing Corporation Joseph D Early Village | 8 1/2 Early Vlg, Blackstone, MA 01504-1670 | MA | 1992-09 | $653,924 |
| 18 | Blackstone Lions Club Inc | PO BOX 27, Blackstone, MA 01504-0027 | MA | 1987-06 | $6,281 |
| 19 | Blackstone Millville Music Association Inc | PO BOX 181, Blackstone, MA 01504-0181 | MA | 1984-03 | $53,594 |
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