Phyllis W Mcgillicuddy Charitable Trust in Boston, 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
| Phyllis W Mcgillicuddy Charitable Trust | |
| Employer Identification Number (EIN) | 046245712 |
| Name of Organization | Phyllis W Mcgillicuddy Charitable Trust |
| In Care of Name | Day Berry & Howard Llp |
| Address | One International Pl, Boston, MA 02110-2602 |
| Activities | Scholarships (other), Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 08/1978 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,284,740 |
| Amount of Income | $631,618 |
| Form 990 Revenue Amount | $132,613 |
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 | $178,082 | $178,076 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $6 | |||
| Dividends and interest from securities | $42,167 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $3,843 | |||
| Other | $132,066 | |||
| Total expenses and disbursements | $122,800 | $27,252 | $0 | $95,549 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $32,300 | $27,252 | $5,049 | |
| Contributions, gifts, grants paid | $90,500 | |||
| Excess of revenue over expenses and disbursements | $55,282 | |||
| Net investment income | $150,824 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,340,325 | $1,548,176 |
| Cash - non-interest-bearing | $315 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $981,159 | |
| Investments-corporate bonds | $267,563 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $31,349 | |
| Other | $59,939 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $1,340,325 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $132,066 |
| 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 | $1,508 |
| Total credits and payments | $3,843 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $3,843 |
| 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 | $0 |
| Overpayment | $2,335 |
| Amount to be credited to 2013 estimated tax | $2,335 |
| 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 | $1,584,006 |
| Net value of noncharitable-use assets | $1,560,240 |
| Minimum investment return | $78,012 |
| Distributable Amount (for 2012) | |
| Distributable amount | $76,504 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $76,504 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $41,115 |
| 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 | Phillips Lecture Fund | PO BOX 5374, Springfield, MA 01101-5374 | MA | 1968-08 | $8,668 |
| 2 | Phillips-Green Foundation Inc | PO BOX 654, Truro, MA 02666-0654 | MA | 1986-09 | $104,986 |
| 3 | Phineas W Sprague Memorial Foundation | PO BOX 140, Mansfield, MA 02048-0140 | MA | 1958-07 | $303,172 |
| 4 | Phoebe L Giddon Charitable Foundation | 170 Forest Ave, West Newton, MA 02465-3012 | MA | 1998-02 | $61,668 |
| 5 | Phoenix School Inc | 89 Margin St, Salem, MA 01970-3311 | MA | 1983-05 | $429,945 |
| 6 | Photo Chemical Machining Institute | 11 Robert Toner Blvd, N Attleboro, MA 02763-1174 | MA | 1971-05 | $167,737 |
| 7 | Photographic Resource Center Inc | 832 Commonwealth Ave, Boston, MA 02215-1205 | MA | 1977-05 | $175,833 |
| 8 | Photographic Historical Society Of New England Inc | PO BOX 650189, West Newton, MA 02465-0189 | MA | 1977-06 | $188,411 |
| 9 | Phyllis G Redstone Charitable Foundation | 265 Franklin St, Boston, MA 02110-3113 | MA | 2000-11 | $1 |
| 10 | Phyllis G Redstone Foundation, Redstone Phyllis G Ttee | 55 Old Bedford Rd, Lincoln, MA 01773-1125 | MA | 2003-12 | $2 |
| 11 | Phyllis W Mcgillicuddy Charitable Trust | One International Pl, Boston, MA 02110-2602 | MA | 1978-08 | $631,618 |
| 12 | Physician Health Services Inc | 860 Winter St Msc 3210-A, Waltham, MA 02451-1449 | MA | 1993-08 | $1,441,557 |
| 13 | Physicians For Human Rights Inc | 2 Arrow St Ste 301, Cambridge, MA 02138-5102 | MA | 1984-02 | $5,391,308 |
| 14 | Physicians For Social Responsibility Inc, Greater Boston | PO BOX 470563, Brookline, MA 02447-0563 | MA | 1970-03 | $2,598 |
| 15 | Physicians Organization At Childrens Hospital Inc | 300 Longwood Ave, Boston, MA 02115-5724 | MA | 1998-02 | $26,862,165 |
| 16 | Pi Kappa Alpha Fraternity, Lambda Nu Chapter | 1 University Rd, Boston, MA 02215-1407 | MA | 1941-03 | $91,302 |
| 17 | Pi Kappa Phi Fraternity | 41 Campus Center Way, Amherst, MA 01002 | MA | 1991-05 | $0 |
| 18 | Pi Zeta Of Lambda Chi Alpha Inc | C/O Tim Buck 66 E Cross St, Norwood, MA 02062 | MA | 2006-01 | $412,407 |
| 19 | The Piano Museum | 10 Oakhurst Road, Hopkinton, MA 01748 | MA | 2000-07 | $0 |
| 20 | Pickering Foundation | 18 Broad St, Salem, MA 01970-3144 | MA | 1952-02 | $114,894 |
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