Philippe Citron Charitable Foundation Tr in Brookline, 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
- Organizations performing similar types of work
Philippe Citron Charitable Foundation Tr | |
Employer Identification Number (EIN) | 046898402 |
Name of Organization | Philippe Citron Charitable Foundation Tr |
In Care of Name | Renee Hecht |
Address | 92 Gardner Rd, Brookline, MA 02445-4537 |
Subsection | Charitable Organization |
Ruling Date | 06/2001 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 08/2012 |
Assets | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
Asset Amount | $98,194 |
Amount of Income | $161,894 |
Form 990 Revenue Amount | $13,156 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2012: $161,894 (it was $65,387 in 2011)
This organization: | $161,894 |
Other organizations performing similar types of work: | $105,489 |
Assets in 2012: $98,194 (it was $188,392 in 2011)
This organization: | $98,194 |
Other organizations performing similar types of work: | $325,460 |
Expenses in 2011: $71,996
This organization: | $71,996 |
Other organizations performing similar types of work: | $49,058 |
Income to expenses ratio in 2011: 2.2
Philippe Citron Charitable Foundation Tr: | 2.2 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2011: 0.0%
Philippe Citron Charitable Foundation Tr: | 0.0% |
Other organizations performing similar types of work: | 22.8% |
Revenue for 2011
Expenses for 2011
Assets for 2011
Analysis of Revenue and Expenses (for 2011) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $13,156 | $13,156 | $5,637 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $15 | |||
Dividends and interest from securities | $5,622 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $7,519 | |||
Total expenses and disbursements | $71,996 | $1,057 | $0 | $70,846 |
Compensation of officers, directors, trustees, etc. | $680 | |||
Total operating and administrative expenses | $2,752 | $1,057 | $1,602 | |
Contributions, gifts, grants paid | $69,244 | |||
Excess of revenue over expenses and disbursements | $-58,840 | |||
Net investment income | $12,099 | |||
Adjusted net income | $5,637 |
Balance Sheets (for 2011) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $188,392 | $181,693 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $63,785 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $124,607 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $188,392 |
Capital Gains and Losses for Tax on Investment Income (for 2011) | |
Capital gain net income | $7,519 |
Net capital loss | $0 |
Excise Tax Based on Investment Income (for 2011) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $121 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $121 |
Amount to be credited to 2012 estimated tax | $0 |
Statements Regarding Activities (for 2011) | |
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 2011 or the taxable year beginning in 2011? | No |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
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? | Yes |
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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $217,492 |
Net value of noncharitable-use assets | $214,240 |
Minimum investment return | $10,712 |
Distributable Amount (for 2011) | |
Distributable amount | $10,591 |
Undistributed Income (for 2011) | |
Distributable amount for 2011 | $10,591 |
Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
Private Operating Foundations (for 2011) | |||||
2011 | 2010 | 2009 | 2008 | 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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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | State Street Foundation Inc | 1 Lincoln St Fl 24, Boston, MA 02111-2901 | MA | 2007-06 | $31,367,698 |
2 | Spector Foundation | 10 St James Ave 11th Fl, Boston, MA 02116-3813 | MA | 2010-08 | $26,474,636 |
3 | Ruby W And Lavon P Linn Foundation, Borek Jo Anne Ttee | PO BOX 961019, Boston, MA 02196-1019 | MA | 2001-10 | $21,959,990 |
4 | Lookout Foundation Inc | 60 State St 800, Boston, MA 02109-1800 | MA | 2010-08 | $10,559,425 |
5 | Sherry And Alan Leventhal Family Foundation | C/O Beacon Capital 200 State Street, Boston, MA 02109 | MA | 2010-04 | $10,475,591 |
6 | Amg Charitable Foundation | 600 Hale St, Prides Crossing, MA 01965 | MA | 2011-08 | $10,000,000 |
7 | The Romney Foundation For Children, Ann D & W Mitt Romney Ttee | 137 Newbury St, Boston, MA 02116-2912 | MA | 2000-09 | $9,066,861 |
8 | The@sdsc Global Foundation, Shue Chikong Ttee | 2 Possum Hollow Rd, Andover, MA 01810-2446 | MA | 2000-08 | $8,284,655 |
9 | University Industry Research Corporation | 401 Edgewater Place Suite 600, Wakefield, MA 01880 | MA | 2014-09 | $7,912,904 |
10 | Goldhirsh Foundation | 101 Federal St Fl 14, Boston, MA 02110-1859 | MA | 2010-08 | $7,547,783 |
11 | William S Kaiser Family Foundation | 23 Inverness Rd, Wellesley, MA 02481-6114 | MA | 2009-02 | $6,851,041 |
12 | The Tripadvisor-Expedia Foundation | 141 Needham St, Newton, MA 02464-1505 | MA | 2010-02 | $6,809,524 |
13 | Steinberg-Lalli Charitable Foundation, Steinberg Stephen P Ttee | PO BOX 2350, Acton, MA 01720-6350 | MA | 2005-06 | $6,265,265 |
14 | Black-Brogan Foundation | 101 Federal Street, Boston, MA 02110-1817 | MA | 2014-07 | $6,000,013 |
15 | Janes Trust Foundation | PO BOX 961209, Boston, MA 02196-1209 | MA | 2011-05 | $5,481,038 |
16 | Windover Foundation, Lewis David W Jr Ttee | Nutter Mcclennen 155 Seaport Blvd, Boston, MA 02210 | MA | 1999-10 | $5,309,125 |
17 | The Firstgreen Foundation Inc | 20 Walnut St Ste 302, Wellesley, MA 02481-2104 | MA | 2006-04 | $5,296,809 |
18 | Andrew And Corey Morris-Singer Foundation | C/O Holland Knight 10 Saint James, Boston, MA 02116 | MA | 2012-01 | $5,002,531 |
19 | Sperling Fam Charitable Foundation, Sperling Scott M Ttee | 4 Moore Rd, Wayland, MA 01778-1410 | MA | 2001-12 | $4,264,433 |
20 | Ben And Rose Cole Charitable Pria Foundation | C/O Howland Capital 75 Federal St, Boston, MA 02110 | MA | 2012-09 | $3,633,190 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 22,395 |
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