Landsman Charitable Tr, Denbo Samuel Ttee in Swampscott, 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
Landsman Charitable Tr, Denbo Samuel Ttee | |
Employer Identification Number (EIN) | 043236716 |
Name of Organization | Landsman Charitable Tr |
Secondary Name | Denbo Samuel Ttee |
Address | PO BOX 227, Swampscott, MA 01907-0327 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 07/1994 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $5,000,000 to $9,999,999 |
Income | $5,000,000 to $9,999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $7,157,498 |
Amount of Income | $6,593,505 |
Form 990 Revenue Amount | $1,264,268 |
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 | $714,342 | $713,120 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $105,470 | |||
Dividends and interest from securities | $286,453 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $6 | |||
Other | $322,413 | |||
Total expenses and disbursements | $1,889,369 | $89,369 | $0 | $1,800,000 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $89,369 | $89,369 | $0 | |
Contributions, gifts, grants paid | $1,800,000 | |||
Excess of revenue over expenses and disbursements | $-1,175,027 | |||
Net investment income | $623,751 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $5,903,357 | $11,186,465 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $5,056,694 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $846,663 | |
Total liabilities | $747,933 | |
Mortgages and other notes payable | $747,933 | |
Total liabilities and net assets/fund balances | $5,155,424 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $322,413 |
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 | $6,238 |
Total credits and payments | $11,600 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $11,600 |
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 | $18 |
Tax due | $0 |
Overpayment | $5,344 |
Amount to be credited to 2013 estimated tax | $5,344 |
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 | $11,416,210 |
Net value of noncharitable-use assets | $11,244,960 |
Minimum investment return | $562,248 |
Distributable Amount (for 2012) | |
Distributable amount | $556,010 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $556,010 |
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 | Lancaster Social Service Association | 36 Neck Rd, Lancaster, MA 01523-2235 | MA | 1934-10 | $1,279 |
2 | Land Is Life Inc | 18 Holyoak Rd Suite 3, Summerville, MA 02144-3232 | MA | 1991-05 | $307,916 |
3 | Land Preservation Society Of Norton Inc | 205 Plain St, Norton, MA 02766-2401 | MA | 1971-04 | $68,603 |
4 | Lander Family Charitable Foundation | 255 State St 6th Fl, Boston, MA 02109-2617 | MA | 1998-04 | $585,797 |
5 | Lander-Grinspoon Academy Solomon Sc Hechter Day School | 257 Prospect St, Northampton, MA 01060-2126 | MA | 1996-08 | $1,443,293 |
6 | Landlords Business Association Inc | 84 Meadowood Dr, Greenfield, MA 01301-1152 | MA | 2003-01 | $13,515 |
7 | Landman Family Charitablefoundation, Jessica C Landman Ttee | 26 Chalk St, Cambridge, MA 02139-4401 | MA | 2006-11 | $50,258 |
8 | Landmark Credit Union | 131 Ashland Street, No Adams, MA 01247-4555 | MA | 1942-01 | $1,054,218 |
9 | Landmark Volunteers Inc | PO BOX 455, Sheffield, MA 01257-0455 | MA | 1992-01 | $870,343 |
10 | Lands Sake Incorporated | 27 Crescent St, Weston, MA 02493-2551 | MA | 1981-12 | $876,771 |
11 | Landsman Charitable Tr, Denbo Samuel Ttee | PO BOX 227, Swampscott, MA 01907-0327 | MA | 1994-07 | $6,593,505 |
12 | Lanesborough Parent Teacher Organization | 188 Summer St, Lanesborough, MA 01237-9520 | MA | 2003-03 | $34,616 |
13 | Lanesborough Volunteer Firemens Association Inc | C/O Peter Pannesco 3 Monica Drive, Lanesborough, MA 01237 | MA | 1997-12 | $72,444 |
14 | Langer Family Charitable Foundation | 118 Huntington Ave Apt 2004, Boston, MA 02116-5777 | MA | 2000-02 | $458,213 |
15 | Innovation Accelerator Foundation Inc | C/O Baker Corbett Geary Llc 124 Was, Foxboro, MA 02035 | MA | 2006-01 | $1 |
16 | L Dowey Fund | Sharon St 2, Medford, MA 02155 | MA | 2008-05 | $1,701 |
17 | L & B 1775 Eye Street Llc | Two Seaport Lane, Boston, MA 02210-2021 | MA | 1998-03 | $7,743,651 |
18 | L&b Sierra Gateway Llc | Two Seaport Lane, Boston, MA 02210-2001 | MA | 2001-01 | $2,010,709 |
19 | Klingenstein Char Foun Tr Dtd 052798, Klingenstein Paul Ttee | 32 Wauwinet Rd, Newton, MA 02465-2942 | MA | 1999-08 | $102,015 |
20 | Landmarks Foundation Protecting Sac Red Sites Globally Inc | 27 Kenneth Rd, Marblehead, MA 01945-1528 | MA | 1997-12 | $30,000 |
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