Dimitris Bertsimas-Georgia Perakis Foundation in Belmont, 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
| Dimitris Bertsimas-Georgia Perakis Foundation | |
| Employer Identification Number (EIN) | 043730409 |
| Name of Organization | Dimitris Bertsimas-Georgia Perakis Foundation |
| In Care of Name | Dimitris Bertsimas |
| Address | 43 Lantern Rd, Belmont, MA 02478-1706 |
| Subsection | Educational Organization |
| Ruling Date | 12/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $25,997,434 |
| Amount of Income | $926 |
| Form 990 Revenue Amount | $1,114 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2013: $926 (it was $1,012,733 in 2012)
| This organization: | $926 |
| Other organizations performing similar types of work: | $42,230 |
Assets in 2013: $25,997,434 (it was $25,996,508 in 2012)
| This organization: | $25,997,434 |
| Other organizations performing similar types of work: | $110,927 |
Expenses in 2012: $0
| Dimitris Bertsimas-Georgia Perakis Foundation: | $0 |
| Other organizations performing similar types of work: | $32,454 |
Grants share in income in 2012: 99.9%
| Dimitris Bertsimas-Georgia Perakis Foundation: | 99.9% |
| Other organizations performing similar types of work: | 27.1% |
Revenue 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 | $1,012,733 | $1,121 | $1,121 | |
| Contributions, gifts, grants, etc., received | $1,011,612 | |||
| Interest on savings and temporary cash investments | $1,121 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $0 | $0 | $0 | $0 |
| Excess of revenue over expenses and disbursements | $1,012,733 | |||
| Net investment income | $1,121 | |||
| Adjusted net income | $1,121 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $25,996,508 | $22,698,888 |
| 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 | $0 | |
| Other | $25,996,508 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $25,996,508 | |
| 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 | $11 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $11 |
| 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? | Yes |
| 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 | $224,676 |
| Net value of noncharitable-use assets | $221,300 |
| Minimum investment return | $11,065 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 | $1,121 | $1,114 | $2,700 | $10,000 | $14,935 |
| Qualifying distributions made directly for active conduct of exempt activities | $1,011,612 | $661,464 | $270,000 | $814,098 | $2,757,174 |
| Value of all assets | $25,996,508 | $24,983,775 | $24,371,197 | $23,524,434 | $98,875,914 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $25,996,508 | $24,983,775 | $24,371,197 | $23,524,434 | $98,875,914 |
| 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 | $564,098 | $564,098 |
| 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 | $1,121 | $1,114 | $2,700 | $10,000 | $14,935 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Waterworks Preservation Trust Inc | 2450 Beacon St, Chestnut Hill, MA 02467-1460 | MA | 2009-09 | $313,855 |
| 2 | Thomas Jefferson Memorial Center Inc | Lwc 230 Congress Street 12th Floor, Boston, MA 02110 | MA | 2012-03 | $222,444 |
| 3 | Zion Union Heritage Museum Inc | 276 North Street, Hyannis, MA 02601 | MA | 2007-03 | $70,518 |
| 4 | The@bulfunch Fund Inc | 131 Center Bridge Rd, Lancaster, MA 01523-2227 | MA | 2009-07 | $65,460 |
| 5 | Warren L Milliken And Alice Pratt Milliken Tr Historic Preservation, Hovey William V Ttee | 48 Summer St, Plymouth, MA 02360-3456 | MA | 1999-12 | $50,413 |
| 6 | Allen School & House Preservation Corp | 107 Audubon Rd, Wakefield, MA 01880-1266 | MA | 2012-11 | $32,240 |
| 7 | Southcoast Historical Associates Inc | 1443 Gardners Neck Rd, Swansea, MA 02777 | MA | 2004-04 | $18,150 |
| 8 | Amesbury Carriage Alliance Inc | 5 Market Sq, Amesbury, MA 01913-2497 | MA | 2005-05 | $11,950 |
| 9 | Sudbury Historical Society Inc | 322 Concord Rd, Sudbury, MA 01776 | MA | 2013-07 | $9,800 |
| 10 | Women At Work Museum Inc | PO BOX 355, Attleboro, MA 02703-0006 | MA | 2005-05 | $9,692 |
| 11 | Samuel Harrison Society Inc | PO BOX 378, Pittsfield, MA 01202-0378 | MA | 2005-10 | $7,284 |
| 12 | Friends Of The Red Barn Inc | 360 Causeway Street, Jefferson, MA 01522 | MA | 2000-08 | $6,387 |
| 13 | Tupper Family Association Of America Inc | 82 Franklin St, Belchertown, MA 01007-9565 | MA | 2001-07 | $4,751 |
| 14 | The Hatch Mill Restoration & Preservation Group Inc | 125 Furnace Street, Marshfield, MA 02050 | MA | 2004-05 | $4,400 |
| 15 | The Bernardston Historical Society Inc | 20 Church St, Bernardston, MA 01337 | MA | 2001-05 | $184 |
| 16 | South Shore Historical Society Inc | 26 Erin Way, Weymouth, MA 02190 | MA | 2001-11 | $119 |
| 17 | The Optical Heritage Museum Inc | 368 Main St, Southbridge, MA 01550-3713 | MA | 2014-08 | $1 |
| 18 | Adams Historical Society Inc | 92 Park Street, Adams, MA 01220 | MA | 2003-05 | $0 |
| 19 | Bicycle Pavilion Inc | 49 S Pleasant St Fl 2, Amherst, MA 01002-2233 | MA | 1999-01 | $0 |
| 20 | Cambridge Brickwalk Conservancy | 50 Church Street 5th Floor, Cambridge, MA 02138 | MA | 2014-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,375 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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