Mr & Mrs P Leo Corcoran Foundation in Braintree, 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
| Mr & Mrs P Leo Corcoran Foundation | |
| Employer Identification Number (EIN) | 046767204 |
| Name of Organization | Mr & Mrs P Leo Corcoran Foundation |
| In Care of Name | Lawrence P Murphy |
| Address | 100 Grandview Rd Ste 207, Braintree, MA 02184-2692 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 10/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $68,968 |
| Amount of Income | $65,732 |
| Form 990 Revenue Amount | $1 |
Non-representatives - add comments:
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 | $78 | $78 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $78 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $885 | $205 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $885 | $205 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-807 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $49,834 | $50,466 |
| 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 | $14,389 | |
| Other | $35,445 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $49,834 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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 | $49,633 |
| Net value of noncharitable-use assets | $48,880 |
| Minimum investment return | $2,444 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,444 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,444 |
| 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 | Mountain Bay Foundation | 34 Barton Dr, Sudbury, MA 01776-2506 | MA | 1998-11 | $714 |
| 2 | Mountain Meadows Foundation Inc | 34 Washington St Ste 230, Wellesley Hls, MA 02481-1903 | MA | 2009-03 | $306,609 |
| 3 | Mountain View School Parent Teacher Organization Inc | 77 Hampden Road, East Longmeadow, MA 01028 | MA | 2007-03 | $0 |
| 4 | Mountaineer Foundation Inc, Dba Iron Mountain Foundation | 1 Federal St Fl 7, Boston, MA 02110-2003 | MA | 2008-12 | $203,789 |
| 5 | Move Massachusetts Inc | 12 Marshall Street, Boston, MA 02108 | MA | 1991-11 | $0 |
| 6 | Move With Freedom Inc | 35 Fresh Pond Lane, Cambridge, MA 02138 | MA | 2007-01 | $39,000 |
| 7 | Moveable Feast Inc | PO BOX 2675, Fall River, MA 02722-2675 | MA | 1998-01 | $147,918 |
| 8 | Movement And Pilates Center Inc | 221 Pines Street 245, Florence, MA 01062 | MA | 2004-11 | $0 |
| 9 | Movement Collective Inc | 29 Concord Ave Apt 404, Cambridge, MA 02138-2329 | MA | 1981-08 | $15,023 |
| 10 | Mpeg Access Inc | PO BOX 362, Milton, MA 02186-0003 | MA | 2007-06 | $357,604 |
| 11 | Mr & Mrs P Leo Corcoran Foundation | 100 Grandview Rd Ste 207, Braintree, MA 02184-2692 | MA | 1994-10 | $65,732 |
| 12 | Ms Cure Fund Inc | 22 Dickson Ln, Weston, MA 02493-2636 | MA | 2006-08 | $749,352 |
| 13 | Ms Senior Sweetheart Pageant Of America Inc | Po Box 3709, Fall River, MA 02722 | MA | 2014-07 | $0 |
| 14 | Msc Otis And Crosswood Inc | Two Center Pla Ste 410, Boston, MA 02108 | MA | 1997-07 | $31 |
| 15 | Msc Sand Lake Iv Inc | 2 Center Plz Ste 410, Boston, MA 02108-1926 | MA | 1997-09 | $2,224,166 |
| 16 | Mt Hope Cemetery Corp Of North Attleborough | PO BOX 1012, N Attleboro, MA 02761-1012 | MA | 1945-04 | $135,526 |
| 17 | Mt Pleasant Fund Inc | PO BOX 3021, Amherst, MA 01004-3021 | MA | 2003-04 | $24,101 |
| 18 | Mt Vernon Cemetery Corp | PO BOX 154, Abington, MA 02351-0154 | MA | $166,011 | |
| 19 | Mt Vernon Housing Inc | 72 Jaques Ave, Worcester, MA 01610-2476 | MA | 1998-04 | $34,056 |
| 20 | Mt Washington Charitable Foundation Inc | 430 W Broadway, S Boston, MA 02127-2216 | MA | 2002-11 | $97,627 |
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