Milton L Williams T U W 733 Nect in Saugus, Massachusetts (MA)

Milton L Williams T U W 733 Nect
Employer Identification Number (EIN)	046016107
Name of Organization	Milton L Williams T U W 733 Nect
In Care of Name	Eastern Bank & Trust Co
Address	605 Broadway Lf41, Saugus, MA 01906-3200
Activities	Scholarships (other)
Subsection	Charitable Organization
Ruling Date	03/1976
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Trust
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$100,000 to $499,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$333,541
Amount of Income	$194,655
Form 990 Revenue Amount	$11,316

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2012)
Total revenue	$31,644	$31,344	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$8,860
Gross rents	$0
Gross profit from sales of goods	$0
Other income	$17
Other	$22,767
Total expenses and disbursements	$23,250	$2,988	$0	$20,126
Compensation of officers, directors, trustees, etc.	$5,975
Total operating and administrative expenses	$6,250	$2,988		$3,126
Contributions, gifts, grants paid	$17,000
Excess of revenue over expenses and disbursements	$8,394
Net investment income		$28,356
Adjusted net income			$0

	Book Value	Fair Market Value
Balance Sheets (for 2012)
Total assets	$335,773	$358,003
Cash - non-interest-bearing	$0
Investments-U.S. and state government obligations	$0
Investments-corporate stock	$0
Investments-corporate bonds	$0
Investments-mortgage loans	$0
Investments-other	$335,773
Total liabilities	$0
Total liabilities and net assets/fund balances	$335,773

Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income	$22,767
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	$284
Total credits and payments	$84
2012 estimated tax payments and 2011 overpayment credited to 2012	$84
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	$200
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?	Yes
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	$356,552
Net value of noncharitable-use assets	$351,200
Minimum investment return	$17,560

Distributable Amount (for 2012)
Distributable amount	$17,276

Undistributed Income (for 2012)
Distributable amount for 2012	$17,276
Undistributed income for 2012. This amount must be distributed in 2013	$0

	2012	2011	2010	2009	Total
Private Operating Foundations (for 2012)
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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Id	Name	Address	State	Established	Total Income
Other organizations in Massachusetts
1	Milton Animal League Inc, Friends Of The Milton Dog Pound	181 Governor Stoughton Ln, Milton, MA 02186-3712	MA	1979-01	$563,202
2	Milton Firemens Relief Association	515 Canton Ave, Milton, MA 02186-3217	MA	1969-06	$15,962
3	Milton Foundation For Education, Feenan Thomas G Ttee	PO BOX 223, Milton, MA 02186-0001	MA	1996-08	$343,101
4	Milton Garden Club	273 Adams St, Milton, MA 02186-4232	MA	1998-09	$31,374
5	Milton Historical Society	1370 Canton Ave, Milton, MA 02186-2435	MA	1942-10	$21,019
6	Milton Hoosic Club Inc	70 Green Lodge St, Canton, MA 02021-1100	MA	1936-04	$2,174,656
7	Milton Hospital Development Fund Inc	199 Reedsdale Rd, Milton, MA 02186-3926	MA	1985-02	$322,468
8	Milton Hospital Foundation Inc	199 Reedsdale Rd, Milton, MA 02186-3926	MA	2000-03	$2,501
9	Milton Jr Womans Club Inc Diane Gore	PO BOX 344, Milton, MA 02186-0003	MA		$32,434
10	Milton L Dodge Trust Uw 2-8987	7 Lorum St, Newburyport, MA 01950-3252	MA	1976-02	$14,072
11	Milton L Williams T U W 733 Nect	605 Broadway Lf41, Saugus, MA 01906-3200	MA	1976-03	$194,655
12	Milton Library Foundation Inc	PO BOX 314, Milton, MA 02186-0003	MA	2002-06	$299,011
13	Milton Museum Foundation Corp, Milton Art Museum	900 Randolph Street, Canton, MA 02021	MA	2015-03	$0
14	Milton Police Relief Association	40 Highland St, Milton, MA 02186-3804	MA	1975-04	$134
15	Milton Police Social Club Inc	40 Highland St, Milton, MA 02186-3804	MA	1975-04	$304,364
16	Milton Residences For The Elderly Inc	600 Canton Avenue, Milton, MA 02186-3161	MA	1968-12	$1,167,398
17	Milton Traveling Soccer Inc	75 Waldeck Rd, Milton, MA 02186-4921	MA	1995-02	$98,763
18	Milton Youth Hockey Inc	22 Gile Rd, Milton, MA 02186-3124	MA	1976-10	$436,134
19	Milton Soccer Inc	PO BOX 447, Milton, MA 02186-0004	MA	1989-03	$151,084
20	Min Charitable Tr, Cassell R & Dahl Et Al Ttee	30 Colpitts Road, Weston, MA 02493-1534	MA	1996-11	$808,514

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