John T Mcgillicuddy Charitable Trust in Boston, 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
John T Mcgillicuddy Charitable Trust | |
Employer Identification Number (EIN) | 042642387 |
Name of Organization | John T Mcgillicuddy Charitable Trust |
In Care of Name | Peabody & Arnold |
Address | One International Pl, Boston, MA 02110-2602 |
Activities | Scholarships (other), Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 08/1978 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $1,000,000 to $4,999,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $1,236,360 |
Amount of Income | $253,635 |
Form 990 Revenue Amount | $117,465 |
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 | $120,802 | $118,431 | $61,270 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $39 | |||
Dividends and interest from securities | $61,231 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $2,285 | |||
Other | $57,247 | |||
Total expenses and disbursements | $151,191 | $25,236 | $0 | $125,956 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $31,191 | $25,236 | $5,956 | |
Contributions, gifts, grants paid | $120,000 | |||
Excess of revenue over expenses and disbursements | $-30,389 | |||
Net investment income | $93,195 | |||
Adjusted net income | $61,270 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $1,203,731 | $2,164,875 |
Cash - non-interest-bearing | $692 | |
Investments-U.S. and state government obligations | $159,105 | |
Investments-corporate stock | $630,837 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $250,000 | |
Other | $163,097 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $1,203,731 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $57,247 |
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 | $932 |
Total credits and payments | $2,285 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,285 |
Exempt foreign organizations-tax withheld at source | $0 |
Tax paid with application for extension of time to file (Form 8868) | $0 |
Backup withholding erroneously withheld | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $1,353 |
Amount to be credited to 2013 estimated tax | $1,353 |
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 | $2,229,284 |
Net value of noncharitable-use assets | $2,195,840 |
Minimum investment return | $109,792 |
Distributable Amount (for 2012) | |
Distributable amount | $108,860 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $108,860 |
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 | John Mcelaney Trust Uw Fbo Town Of Avon John B Mccann-Ttee | 105 Chestnut St Ste 10, Needham, MA 02492-2520 | MA | 1969-01 | $22,992 |
2 | John Milton Society For The Blind | 175 N Beacon St, Watertown, MA 02472-2751 | MA | 1941-06 | $15,899 |
3 | John Mirak Foundation | 438 Massachusetts Ave Apt 127, Arlington, MA 02474-5110 | MA | 1972-02 | $767,244 |
4 | John P Holland Community Council Inc | 85 Olney St, Dorchester, MA 02121-3535 | MA | 1996-10 | $308,237 |
5 | John P Joseph And Kelley A Joseph Family Foundation, Joseph John P Ttee | 106 Fox Run Rd, Bolton, MA 01740-2007 | MA | 2009-10 | $238,439 |
6 | John P Laucus Foundation | 100 Summer St, Boston, MA 02110-2106 | MA | 1998-06 | $38,437 |
7 | John Putnam Merrill Jr & Carol Jennings Merrill Foundation Inc | 10 Kearney Rd Ste 305, Needham, MA 02494-2544 | MA | 1997-10 | $245 |
8 | John S Watson Fund Inc | 406 Main St, Gt Barrington, MA 01230-1805 | MA | 1980-02 | $27,684 |
9 | John T And Theresa D Cederholm Foundation Uta 07142005 | 73 East Ave, Marion, MA 02738-1926 | MA | 2006-06 | $152,542 |
10 | John T Collins Foundation | 75 Federal St 18th Flr, Boston, MA 02110-1913 | MA | 1999-04 | $515,840 |
11 | John T Mcgillicuddy Charitable Trust | One International Pl, Boston, MA 02110-2602 | MA | 1978-08 | $253,635 |
12 | John T Spinelli Family Charitable Trust, Joyce Edward J Co Ttee | C/O Ropes Gray Llp 800 Boylston St, Boston, MA 02199 | MA | 1983-05 | $170,549 |
13 | John W And Clara C Higgins Foundation | 370 Main St 12th Flr, Worcester, MA 01608-1723 | MA | 1958-05 | $366,876 |
14 | John W Symonds Trust Uw T 5747 | 1 Lincoln St Fl 24, Boston, MA 02111-2901 | MA | 1970-12 | $12,311 |
15 | John Ward School Parent Teacher Organization | 10 Dolphin Rd, Newton Centre, MA 02459-1305 | MA | 1998-12 | $44,078 |
16 | John Winthrop Nursery School Corporation | 66 Marlborough St, Boston, MA 02116-2007 | MA | 1967-02 | $1,196,286 |
17 | John Woodman Higgins Armory Inc | 100 Barber Ave, Worcester, MA 01606-2464 | MA | 1950-02 | $4,089,521 |
18 | John Xxiii Columbians Inc, John Xxx111 Columbians | 143 Hampton Street, Auburn, MA 01501 | MA | 1981-08 | $4,262 |
19 | Johnny Appleseed Ptac | 845 Main St, Leominster, MA 01453-1942 | MA | 2005-02 | $137,033 |
20 | Johnny Appleseed Trail Association Inc | 860 South St, Fitchburg, MA 01420-6903 | MA | 1999-10 | $542,216 |
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