Connolly Family Foundation, Connolly Richard F Jr Ttee in Concord, 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
| Connolly Family Foundation, Connolly Richard F Jr Ttee | |
| Employer Identification Number (EIN) | 043367902 |
| Name of Organization | Connolly Family Foundation |
| Secondary Name | Connolly Richard F Jr Ttee |
| Address | 775 Monument St, Concord, MA 01742-1861 |
| Activities | Community Chest, United Way, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 08/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $141,845 |
| Amount of Income | $132,833 |
| Form 990 Revenue Amount | $1,681 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories |
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 | $48,439 | $48,439 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $4 | |||
| Dividends and interest from securities | $349 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $14 | |||
| Other | $48,072 | |||
| Total expenses and disbursements | $133,749 | $2,699 | $0 | $131,050 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,699 | $2,699 | $0 | |
| Contributions, gifts, grants paid | $131,050 | |||
| Excess of revenue over expenses and disbursements | $-85,310 | |||
| Net investment income | $45,740 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $141,845 | $54,603 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $142,061 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $141,845 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $48,072 |
| 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 | $457 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $457 |
| 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 | $120,591 |
| Net value of noncharitable-use assets | $118,780 |
| Minimum investment return | $5,939 |
| Distributable Amount (for 2012) | |
| Distributable amount | $5,482 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $5,482 |
| 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 | Congretational Retirement Homes Iii Inc | 200 West Foster Street, Melrose, MA 02176-3041 | MA | 1977-12 | $1,038,802 |
| 2 | Connect Africa Foundation Inc | 222 Pleasant St, Newton Center, MA 02459-1815 | MA | 2005-01 | $167,782 |
| 3 | Bellwether Education Partners Inc | 517 Boston Post Rd Unit 171, Sudbury, MA 01776-7607 | MA | 2008-03 | $10,476,766 |
| 4 | Connect Us Altwheels Inc | 74 Buckingham Street, Cambridge, MA 02138 | MA | 2008-03 | $61,456 |
| 5 | Connecticut Council Of Language Teachers Inc | 275 Cedar Swamp Rd, Monson, MA 01057-9303 | MA | 1973-08 | $80,394 |
| 6 | Connecticut River Watershed Council Inc | 15 Bank Row St, Greenfield, MA 01301-3511 | MA | 1953-09 | $1,421,142 |
| 7 | Connecticut River Watershed Council Of Connecticut Inc | 15 Bank Row, Greenfield, MA 01301 | MA | 1970-01 | $0 |
| 8 | Connecticut Society Of Hospital Pharmacists Inc | 591 North Ave Ste 3-2, Wakefield, MA 01880-1617 | MA | 1992-11 | $85,228 |
| 9 | Connecticut Valley Superintendents Service Center Inc | PO BOX 178, Northampton, MA 01061-0178 | MA | 1973-03 | $14,832 |
| 10 | Connecting Hearts Incorporated | 20 Tanglewood Terrace Po Box 9, East Orleans, MA 02643 | MA | 2006-09 | $4,301 |
| 11 | Connolly Family Foundation, Connolly Richard F Jr Ttee | 775 Monument St, Concord, MA 01742-1861 | MA | 1997-08 | $132,833 |
| 12 | Connor Flanagan Foundation Inc | 4 Montana Dr, Tyngsborough, MA 01879-2382 | MA | 2007-12 | $66,726 |
| 13 | Connor Lourens Memorial Fund Inc | 48 Easter Brook Rd, Lunenburg, MA 01462-1677 | MA | 2008-08 | $39,300 |
| 14 | Connors Family Foundation, Connors John Ttee | 200 Clarendon St, Boston, MA 02116-5021 | MA | 2000-07 | $70 |
| 15 | Conquer Cancer Coalition Of Ma Inc | PO BOX 973, Framingham, MA 01701-0973 | MA | 2005-05 | $135,981 |
| 16 | Conservation Food And Health Foundation Inc | 121b Tremont St Ste 24, Brighton, MA 02135-2455 | MA | 1985-10 | $5,706,926 |
| 17 | Conservation Law Foundation Inc | 62 Summer St, Boston, MA 02110-1008 | MA | 1967-07 | $7,207,777 |
| 18 | Conservation Services Grp | 50 Washington St, Westborough, MA 01581-1013 | MA | 1993-12 | $113,027,973 |
| 19 | Conservation Through Poverty Alleviation International Inc | 29 Roberts Rd, Cambridge, MA 02138-3226 | MA | 2004-10 | $86,159 |
| 20 | Conservatory Lab Charter School Foundation Inc | 2120 Dorchester Ave, Dorchestr Ctr, MA 02124-5617 | MA | 1999-05 | $1,090,595 |
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