Gordon Foundation in Danvers, 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
| Gordon Foundation | |
| Employer Identification Number (EIN) | 042794647 |
| Name of Organization | Gordon Foundation |
| In Care of Name | J Soshnick Neurologica Corp |
| Address | 16b Electronics Ave, Danvers, MA 01923 |
| Activities | Other school related activities |
| Subsection | Charitable Organization |
| Ruling Date | 11/1983 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $816,786 |
| Amount of Income | $6,643,741 |
| Form 990 Revenue Amount | $7,032,688 |
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 | $6,887,771 | $12,805 | $0 | |
| Contributions, gifts, grants, etc., received | $6,850,000 | |||
| Interest on savings and temporary cash investments | $396 | |||
| Dividends and interest from securities | $10,597 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $24,966 | |||
| Other | $1,812 | |||
| Total expenses and disbursements | $6,806,684 | $150 | $0 | $6,806,534 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $650 | $150 | $500 | |
| Contributions, gifts, grants paid | $6,806,034 | |||
| Excess of revenue over expenses and disbursements | $81,087 | |||
| Net investment income | $12,655 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $674,586 | $543,800 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $507,136 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $167,450 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $674,586 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $1,812 |
| 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 | $127 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $127 |
| 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 | $474,677 |
| Net value of noncharitable-use assets | $467,560 |
| Minimum investment return | $23,378 |
| Distributable Amount (for 2012) | |
| Distributable amount | $23,251 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $23,251 |
| 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 | $23,378 | $0 | $0 | $0 | $23,378 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| 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 | Good Samaritan Hospice | 500 Boylston St, Boston, MA 02116-3740 | MA | 1946-03 | $0 |
| 2 | Good Samaritan Mission Council Inc | 800 Main St Ste 126, Holden, MA 01520-1838 | MA | 2014-07 | $450,783 |
| 3 | Good Sports Inc | 1515 Hancock St Ste 301, Quincy, MA 02169-5244 | MA | 2004-05 | $3,839,812 |
| 4 | Goodman Foundation Inc | 132 N Walker St, Taunton, MA 02780-2146 | MA | 1988-06 | $1 |
| 5 | Goodnow Library Foundation Inc | 21 Concord Rd, Sudbury, MA 01776-2328 | MA | 2008-07 | $198,487 |
| 6 | Goodtree Gordon Charitable Foundation Tr | 60 Colonial Rd, Needham, MA 02492-1613 | MA | 2001-06 | $38,599 |
| 7 | Goodwill Industries Of The Berkshires Inc | 158 Tyler St, Pittsfield, MA 01201-4222 | MA | 1971-10 | $2,139,458 |
| 8 | Gorbach Family Foundation | 31 Perry Ln, Weston, MA 02493-2433 | MA | 2005-03 | $258,409 |
| 9 | The Gorbachev Foundation Of North America Inc | 3 Centennial Drive, Peabody, MA 01960 | MA | 1997-10 | $15 |
| 10 | Gordon Family Foundation | 126 Brookline Avenue, Boston, MA 02215-3920 | MA | 1999-06 | $23,438,359 |
| 11 | Gordon Foundation | 16b Electronics Ave, Danvers, MA 01923 | MA | 1983-11 | $6,643,741 |
| 12 | Gore Place Society | 52 Gore St, Waltham, MA 02453-6866 | MA | 1946-10 | $4,346,743 |
| 13 | Gorham L Cross & Joan F Cross Foundation | 155 Federal St 13th Fl Standard Pub, Boston, MA 02110-1727 | MA | 1998-09 | $78 |
| 14 | Goshen Firefighters Association Inc | PO BOX 135, Goshen, MA 01032-0135 | MA | 2002-03 | $10,647 |
| 15 | Gottschall Autism Center Inc | 2 Brandt Island Road, Mattapoisett, MA 02739 | MA | 2002-05 | $0 |
| 16 | Gouchberg Charitable Foundation | 990 Paradise Rd Ste 1a, Swampscott, MA 01907-1388 | MA | 2006-03 | $35 |
| 17 | Gould Family Foundation | 5 Avalon Ave, Prides Xing, MA 01965-5401 | MA | 2008-04 | $214,558 |
| 18 | Gould Family Foundation, Linda S Dalby Et El Ttee | One International Pl, Boston, MA 02110-2602 | MA | 1988-05 | $561,756 |
| 19 | Government Center Child Care Corporation | 1 Congress St Jfk Building G54, Boston, MA 02114-2010 | MA | 1978-05 | $873,557 |
| 20 | Governor Bellingham-Cary House Association | PO BOX 505673, Chelsea, MA 02150-5673 | MA | 1956-03 | $42,010 |
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