Cranberry Rose Foundation in Marion, 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
- Organizations performing similar types of work
Cranberry Rose Foundation | |
Employer Identification Number (EIN) | 043395984 |
Name of Organization | Cranberry Rose Foundation |
In Care of Name | Christopher & Susan R Makepeace |
Address | 77 Piney Point Rd, Marion, MA 02738-2037 |
Activities | School, college, trade school, etc. |
Subsection | Charitable Organization |
Ruling Date | 05/1998 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $10,000 to $24,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $123,114 |
Amount of Income | $11,426 |
Form 990 Revenue Amount | $4,610 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2013: $11,426 (it was $14,352 in 2012)
Cranberry Rose Foundation: | $11,426 |
Other organizations performing similar types of work: | $124,396 |
Assets in 2013: $123,114 (it was $129,599 in 2012)
This organization: | $123,114 |
Other organizations performing similar types of work: | $313,863 |
Expenses in 2012: $12,165
Cranberry Rose Foundation: | $12,165 |
Other organizations performing similar types of work: | $64,100 |
Income to expenses ratio in 2012: 0.9
This organization: | 0.9 |
Other organizations performing similar types of work: | 1.5 |
Grants share in income in 2012: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 0.6% |
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 | $6,426 | $6,426 | $5,476 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $5,373 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $103 | |||
Other | $950 | |||
Total expenses and disbursements | $12,165 | $4,115 | $4,115 | $8,035 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $4,165 | $4,115 | $35 | |
Contributions, gifts, grants paid | $8,000 | |||
Excess of revenue over expenses and disbursements | $-5,739 | |||
Net investment income | $2,311 | |||
Adjusted net income | $1,361 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $129,599 | $171,045 |
Cash - non-interest-bearing | $15,285 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $111,912 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $2,402 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $129,599 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $950 |
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 | $46 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $46 |
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 | $173,924 |
Net value of noncharitable-use assets | $171,320 |
Minimum investment return | $8,566 |
Distributable Amount (for 2012) | |
Distributable amount | $8,520 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $8,520 |
Undistributed income for 2012. This amount must be distributed in 2013 | $1,426 |
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 | Tony Patino Fellowship Trust 783352 | PO BOX 1297, New York, NY 10008-1297 | NY | 1997-10 | $1,573,984 |
2 | Arcadia Charitable Tr Ua 050797, Stone Robert G Jr Et Al Ttee | PO BOX 961209, Boston, MA 02196-1209 | MA | 1998-01 | $4,239,378 |
3 | Linden Foundation Inc | C/O Gma Foundations 77 Summer, Boston, MA 02110 | MA | 1996-11 | $2,531,478 |
4 | Hartsprings Foundation Inc | 101 State St Ste 204, Springfield, MA 01103-2066 | MA | 1998-02 | $2,063,383 |
5 | The East Boston Foundation | 1216 B Bennington St, East Boston, MA 02128-1267 | MA | 1998-07 | $804,339 |
6 | Provident Community Foundation Inc | 5 Market St, Amesbury, MA 01913-2408 | MA | 1998-01 | $351,927 |
7 | Edward Lee And Slocomb Hollis Perry Foundation | 214 Allandale Rd-A, Chestnut Hill, MA 02467-3279 | MA | 1998-11 | $310,008 |
8 | The Morse Charitable Trust | One Winthrop Square, Boston, MA 02110-1209 | MA | 1997-10 | $278,011 |
9 | Roy F Coppedge Charitable Fdn | 800 South St Ste 255, Waltham, MA 02453-1445 | MA | 1997-10 | $267,107 |
10 | Kaplan Simons Family Foundation Inc | PO BOX 430, Sharon, MA 02067-0430 | MA | 1997-09 | $123,645 |
11 | Temple Beth Elohim Endowment Fund Inc | 10 Bethel Rd, Wellesley, MA 02481-3536 | MA | 1996-08 | $73,203 |
12 | The@bryant And Doris Barnard Family Foundation | 25 Rubbly Rd, Wenham, MA 01984-1709 | MA | 1998-08 | $55,229 |
13 | The James L And Nancy J Bildner Foundation, Brown Michael L Ttee | C/O Marcum Llp 53 State Street, Boston, MA 02109 | MA | 1998-11 | $1,750 |
14 | City Of Woburn Education Technology Foundation Inc | 55 Locust Street, Woburn, MA 01801 | MA | 1998-05 | $0 |
15 | Community Education Foundation Inc | 570 Tremont Street, Taunton, MA 02780 | MA | 1998-06 | $0 |
16 | Friends Of Bhs Girls Ice Hockey Inc | 84 State St, Boston, MA 02109-2202 | MA | 1996-07 | $0 |
17 | Hopkinton Educational Assistance Trust Inc | 288 Main St, Milford, MA 01757-2521 | MA | 1998-08 | $0 |
18 | Mary Pat Foster Memorial Association Inc | 58 Village Woods Rd, Haverhill, MA 01832-1077 | MA | 1998-06 | $0 |
19 | Randall Library Second Century Fund | 19 Crescent Street, Stow, MA 01775 | MA | 1994-01 | $0 |
20 | Until Inc | 45 Decker St, Milton, MA 02186-1423 | MA | 1994-04 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,101 |
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