Leon S Newton Foundation in Oak Bluffs, Massachusetts (MA)

Organization representatives - add corrected or new information about Leon S Newton Foundation »

Non-representatives - add comments about Leon S Newton Foundation»

Leon S Newton Foundation
Employer Identification Number (EIN)046050966
Name of OrganizationLeon S Newton Foundation
AddressPO BOX 1234, Oak Bluffs, MA 02557-1234
ActivitiesOther cultural or historical activities, Community Chest, United Way, etc., School, college, trade school, etc.
SubsectionCharitable Organization
Ruling Date03/1955
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period11/2014
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$39,647
Amount of Income$3,313
Form 990 Revenue Amount$-9,580


Non-representatives - add comments:


CAPTCHA

Your IP address 3.238.62.119 will be logged.

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1,320$1,320$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$1
Dividends and interest from securities$711
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Other$608
Total expenses and disbursements$9,826$0$0$8,275
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$1,551$0$0
Contributions, gifts, grants paid$8,275
Excess of revenue over expenses and disbursements$-8,506
Net investment income$1,320
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$49,339$52,406
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$40,919
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$8,420
Total liabilities$1
Mortgages and other notes payable$0
Other$1
Total liabilities and net assets/fund balances$49,339
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$608
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$26
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$26
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$56,636
Net value of noncharitable-use assets$55,780
Minimum investment return$2,789
Distributable Amount (for 2012)
Distributable amount$2,763
Undistributed Income (for 2012)
Distributable amount for 2012$2,763
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
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
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Leon S Newton Foundation to others? (optional)
  
Add photo of Leon S Newton Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Massachusetts
IdNameAddressStateEstablishedTotal Income
1Leominster Education Foundation Inc24 Church St, Leominster, MA 01453-3102MA2007-11$74,396
2Leominster High School Alumni Scholarship Fund Inc122 Granite St, Leominster, MA 01453-2504MA1995-01$22,546
3Leominster Historical Society Inc17 School St, Leominster, MA 01453-3124MA1971-09$13,657
4Leominster Jewish Community Council Inc268 Washington St, Leominster, MA 01453-2844MA1949-09$17,563
5Leominster Land Trust Inc325 Lindell Ave, Leominster, MA 01453-5414MA2001-02$25
6Leominster Police Association29 Church St, Leominster, MA 01453-3101MA$61,550
7Leominster Sportsmens Association IncPO BOX 484, Leominster, MA 01453-0484MA2001-09$146,518
8Leominster Telecommunications Corp IncCorp Inc, Leominster, MA 01453MA2000-09$630,585
9Leominster Youth Soccer IncPO BOX 1314, Leominster, MA 01453-8314MA1991-10$91,880
10Leon And Marion D Semonian Charitable Trust Ua 12032004, Semonian Leon Et Al Ttee373 Dedham St, Newton, MA 02459-2902MA2005-03$26,725
11Leon S Newton FoundationPO BOX 1234, Oak Bluffs, MA 02557-1234MA1955-03$3,313
12Leona Karp Family Foundation, Karp Leona F TteePO BOX 9175, Framingham, MA 01701-9175MA1990-03$276,897
13Leonard & Glenyce Kaplan Charitable Foundation35 Braintree Hill Office Park, Braintree, MA 02184-8703MA1968-02$519
14Leonard A & Barbara Rosen Charitable Foundation Suite 1000C/O 306 Main Street No 400, Worcester, MA 01615MA$10,036
15Leonard D Hills Trust Uw67 Shutesbury Rd, New Salem, MA 01355-9730MA1975-02$1
16Leonard Morse Auxiliary Inc67 Union St, Natick, MA 01760-7700MA1998-10$34,181
17Leora M Burgess Trust And Will Fbo, First Parish In Middleboro2036 Washington St, Hanover, MA 02339-1617MA1974-03$11,937
18Les Clefs Dor Usa Ltd68 Laurie Ave, Boston, MA 02132-5539MA2000-03$599,020
19Les Dames D Escoffier - Boston IncPost Office Box 65, Andover, MA 01810MA1983-06$31,077
20Leslie B & Nannette S Lewis Charitable Tr & Foundation, Lewis Leslie B Ttee1200 Cabot St, Chestnut Hill, MA 02167MA1998-10$3,235

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Leon S Newton Foundation and has no official or unofficial affiliation with Leon S Newton Foundation