Karen And Laura Legacy Fund Inc in Milford, Massachusetts (MA)
Table of contents:
| Karen And Laura Legacy Fund Inc | |
| Employer Identification Number (EIN) | 412102829 |
| Name of Organization | Karen And Laura Legacy Fund Inc |
| In Care of Name | William Shanahan |
| Address | 4 Joan Cir, Milford, MA 01757-1324 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2003 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $26,232 |
| Amount of Income | $193 |
| Form 990 Revenue Amount | $193 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Educational Services and Schools - Other |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $3,576 | $2,171 | $193 |
| Contributions, gifts, grants, and similar amounts received | $3,470 | $2,106 | $150 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $106 | $65 | $43 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $490 | $650 | $354 |
| Total net assets | $24,872 | $26,393 | $26,232 |
| Excess/Deficit for the year | $3,086 | $1,521 | $-161 |
| Net assets or fund balances at beginning of year | $21,786 | $24,872 | $26,393 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $26,393 | $26,232 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $24,872 | $26,393 | $26,232 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $24,872 | $26,393 | $26,232 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $6,626 |
| Subtotal | $6,626 |
| Gifts, grants, contributions, and membership fees received | $6,626 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $7,200 |
| Public support | $6,626 |
| Subtotal | $574 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $574 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kappa Charities Incorporated | 9 Clifford St, Melrose, MA 02176-2407 | MA | 1983-09 | $5,510 |
| 2 | Kappa Delta Phi Educational Foundation | 22 Old Harbor Road, Chatham, MA 02633 | MA | 2000-01 | $3,462 |
| 3 | Kappa Delta Sorority-Eta Kappa, Eta Kappa Chapter | 360 Huntington Ave, Boston, MA 02115-5005 | MA | 1970-03 | $88,772 |
| 4 | Kappa Kappa Gamma Fraternity Inc, Springfield House Association | 32 Nutting Ave, Amherst, MA 01002-1915 | MA | 1972-03 | $467,918 |
| 5 | Kappa Sigma Fraternity | 1 University Road, Boston, MA 02215 | MA | 1940-12 | $0 |
| 6 | Kappa Sigma Fraternity, 271 Northeastern Univ-Xi Beta Chapc | 360 Huntington Ave, Boston, MA 02115-5005 | MA | 1978-12 | $81,209 |
| 7 | Kappa Sigma Fraternity | 407 Memorial Drive, Cambridge, MA 02139 | MA | 1940-12 | $455,110 |
| 8 | Karas Family Foundation, Frackiewicz Lisa M Ttee | 34 Mill Rd, Harvard, MA 01451-1312 | MA | 2006-03 | $49,282 |
| 9 | Karelran Scholarship Fund Inc | 21 Rice Spring Ln, Wayland, MA 01778-3515 | MA | 2003-01 | $6,654 |
| 10 | Karen A Martin Memorial Fund, Martin John A & Paul R Ttee | 48a Lafayette Pl, Salem, MA 01970-4709 | MA | 2002-01 | $2,843 |
| 11 | Karen And Laura Legacy Fund Inc | 4 Joan Cir, Milford, MA 01757-1324 | MA | 2003-08 | $193 |
| 12 | The Joan Shafran And Ron Haimes Foundation Inc | 14 Lee St, Cambridge, MA 02139-2204 | MA | 2006-05 | $339,348 |
| 13 | Kargman Charitable & Educational Foundation Inc | 151 Tremont Street No Ph, Boston, MA 02111-1125 | MA | 1966-07 | $192,516 |
| 14 | Karin Grunebaum Cancer Research Foundation | 85 Sherman St Apt 8, Cambridge, MA 02140-3299 | MA | 1962-05 | $82,876 |
| 15 | Kariotis Charitable Tr, Lowell Blake Ttee | 141 Tremont St Ste 200, Boston, MA 02111-1209 | MA | 2000-08 | $14,569 |
| 16 | Karl And Joyce Gladstone Foundation, Gladstone Heidi Et Al Ttee | 105 Fox Hill Rd, N Andover, MA 01845-2937 | MA | 1998-10 | $1,198 |
| 17 | Karl Boyer Mceachron Foundation, Slocik Joseph P Ttee | 21 Sunset Ave, Lenox, MA 01240-2017 | MA | 1956-05 | $2,221 |
| 18 | Karp Family Foundation | One Wells, Newton, MA 02459-3226 | MA | 1995-05 | $941,297 |
| 19 | Kartwheels In Motion Incorporated | 4 Harrison Ave, Gloucester, MA 01930-1804 | MA | 2002-03 | $10,125 |
| 20 | Karuna Center For Peace Building | 447 West Street, Amherst, MA 01002-2933 | MA | 1999-02 | $396,384 |
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