Gertrude W & Edward M Swartz Charitable 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
| Gertrude W & Edward M Swartz Charitable Trust | |
| Employer Identification Number (EIN) | 046045528 |
| Name of Organization | Gertrude W & Edward M Swartz Charitable Trust |
| In Care of Name | Paul Bishop Gilmore Rees & Carlso |
| Address | 70 Walnut Street, Wellesley, MA 02481-2135 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 07/1954 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $307,975 |
| Amount of Income | $41,153 |
| Form 990 Revenue Amount | $30,296 |
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 | $21,193 | $21,193 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $20,533 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $660 | |||
| Total expenses and disbursements | $45,608 | $8,237 | $0 | $36,882 |
| Compensation of officers, directors, trustees, etc. | $6,763 | |||
| Total operating and administrative expenses | $12,108 | $8,237 | $3,382 | |
| Contributions, gifts, grants paid | $33,500 | |||
| Excess of revenue over expenses and disbursements | $-24,415 | |||
| Net investment income | $12,956 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $353,036 | $665,099 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $325,230 | |
| Investments-corporate bonds | $19,226 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $8,580 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $353,036 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $660 |
| 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 | $259 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $259 |
| 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 | $684,832 |
| Net value of noncharitable-use assets | $674,560 |
| Minimum investment return | $33,728 |
| Distributable Amount (for 2012) | |
| Distributable amount | $33,469 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $33,469 |
| 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 | German Aid Society Of Boston Inc | PO BOX 207, Walpole, MA 02081-0207 | MA | 1942-08 | $161,908 |
| 2 | German American Business Club Of Boston Inc | 170 Beacon St, Boston, MA 02116-1401 | MA | 1999-05 | $75,639 |
| 3 | German International School Boston Inc | 57 Holton St, Allston, MA 02134-1304 | MA | 2005-07 | $4,714,994 |
| 4 | German Ladies Aid Society Of Boston Inc | 2222 Centre St, West Roxbury, MA 02132-4034 | MA | 1947-03 | $196,473 |
| 5 | German Old Folks Home Inc | 374 Howard St, Lawrence, MA 01841-2980 | MA | 1963-06 | $951,845 |
| 6 | German Shepherd Rescue Of New England Inc | PO BOX 4063, Westford, MA 01886-0034 | MA | 1998-11 | $104,758 |
| 7 | Gerondelis Foundation Inc | 56 Central Avenue, Lynn, MA 01901-1140 | MA | 1993-04 | $1,606,470 |
| 8 | Gerontology Alumni Association Inc | 100 Morrissey Blvd Wheatley Hall 4th Floor, Boston, MA 02125 | MA | 1986-09 | $0 |
| 9 | Gerrish Family Foundation | 21 Hay St, Newbury, MA 01951-1731 | MA | 2005-12 | $420,986 |
| 10 | Gertrude A Pomeroy Charitable Tr | 434 Red Top Rd, Brewster, MA 02631-1642 | MA | 1967-10 | $223,208 |
| 11 | Gertrude W & Edward M Swartz Charitable Trust | 70 Walnut Street, Wellesley, MA 02481-2135 | MA | 1954-07 | $41,153 |
| 12 | Gestalt Institute Of New England Inc | 80 Wimslow Ave Unit 2e, Somerville, MA 02144 | MA | 1980-01 | $40,459 |
| 13 | Gestalt International Study Center Ltd | PO BOX 515, S Wellfleet, MA 02663-0515 | MA | 1980-06 | $855,469 |
| 14 | Getpsychedsports Org | 20 Hope Street, Newton, MA 02466 | MA | 2002-06 | $7,285 |
| 15 | Ghs Band Alumni Association Inc | 121 Edgell St, Gardner, MA 01440-2331 | MA | 1995-09 | $54 |
| 16 | Giant Sable Fund | 17 Hopedale St, Allston, MA 02134-1212 | MA | 2007-07 | $62,707 |
| 17 | Giblin Family Foundation | 259 Turnpike Road Suite 110, Southborough, MA 01772-1706 | MA | 2000-02 | $485 |
| 18 | Gibran Kahlil Gibran Educational Fu Nd Inc | 142 Smith St, Boston, MA 02120-1674 | MA | 1976-03 | $18,872 |
| 19 | Gibson Society Inc, Gibson House Museum | 137 Beacon St, Boston, MA 02116-1504 | MA | 1959-06 | $4,118 |
| 20 | Gift Of Life New England Inc | 145 Fensview Drive, Westwood, MA 02090 | MA | 2000-12 | $0 |
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