Shane Foundation 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
| Shane Foundation | |
| Employer Identification Number (EIN) | 043014763 |
| Name of Organization | Shane Foundation |
| Address | Lwc 230 Congress St 12fl, Boston, MA 02110 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $803,960 |
| Amount of Income | $119,448 |
| Form 990 Revenue Amount | $167,568 |
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 | $114,369 | $114,369 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $2 | |||
| Dividends and interest from securities | $23,910 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $90,457 | |||
| Total expenses and disbursements | $104,456 | $17,072 | $0 | $85,443 |
| Compensation of officers, directors, trustees, etc. | $2,611 | |||
| Total operating and administrative expenses | $22,456 | $17,072 | $3,443 | |
| Contributions, gifts, grants paid | $82,000 | |||
| Excess of revenue over expenses and disbursements | $9,913 | |||
| Net investment income | $97,297 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $891,588 | $1,139,267 |
| Cash - non-interest-bearing | $498 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $603,607 | |
| Investments-corporate bonds | $78,766 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $84,717 | |
| Other | $124,000 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $891,588 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $90,457 |
| 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 | $973 |
| Total credits and payments | $1,520 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,520 |
| 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 | $547 |
| Amount to be credited to 2013 estimated tax | $547 |
| 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? | 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 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)? | Yes |
| 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 | $1,115,943 |
| Net value of noncharitable-use assets | $1,099,200 |
| Minimum investment return | $54,960 |
| Distributable Amount (for 2012) | |
| Distributable amount | $53,987 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $53,987 |
| 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 | Sgt Charles J Jaworek Elementary School Pto Inc | 316 Mechanic St, Marlborough, MA 01752-4407 | MA | 2003-05 | $43,268 |
| 2 | Sgt Robert R Litwim Parent And Teachers Organization | 135 Litwin Ln, Chicopee, MA 01020-4892 | MA | 1976-12 | $23,343 |
| 3 | Sgt William Carney Academy After School Day Care Program, Sgt Carney Academy | 44 Summer St, New Bedford, MA 02740-5137 | MA | 1984-01 | $499,087 |
| 4 | Shadowbrook Local Community Family Inc | PO BOX 438, Lenox, MA 01240-0438 | MA | 1992-04 | $68,965 |
| 5 | Shadowood House Inc | 44 Egremont Plain Rd, Gt Barrington, MA 01230-1691 | MA | 2006-06 | $122,866 |
| 6 | Shady Hill Square Association Inc | 11 Shady Hill Square, Cambridge, MA 02138 | MA | 2010-07 | $6,513 |
| 7 | Shaich Family Foundation, Shaich Ronald M Ttee | C/O Ronald M Shaich 23 Prescott, Brookline, MA 02446 | MA | 2004-04 | $2,591,444 |
| 8 | Shakespeare Fellowship | PO BOX 66083, Auburndale, MA 02466-0001 | MA | 2002-09 | $21,105 |
| 9 | Shakespeare Now Theatre Company | PO BOX 1351, Brookline, MA 02446-0011 | MA | 2001-06 | $98,352 |
| 10 | Shalom Properties | 143 Border St, East Boston, MA 02128-1903 | MA | 1997-05 | $209,767 |
| 11 | Shane Foundation | Lwc 230 Congress St 12fl, Boston, MA 02110 | MA | $119,448 | |
| 12 | Shanklin Foundation Agency | 75 State St 18th, Boston, MA 02109 | MA | 2007-12 | $1,739,526 |
| 13 | Shanklin Music Hall Foundation Inc | 60 Hemlock Park Dr, Groton, MA 01450-1450 | MA | 2010-12 | $147,530 |
| 14 | Shannon M Thompson Memorial Scholarship Fund Inc | PO BOX 572, Wood Hole, MA 02546 | MA | 2010-10 | $5,057 |
| 15 | Shanthi And Thomas Chelliah Foundation | 72 Shade St, Lexington, MA 02421-7721 | MA | 2009-09 | $20,022 |
| 16 | Shara Tfilo Cemetery Association | 1172 Beacon St, Newton, MA 02461-1146 | MA | 1974-09 | $718,301 |
| 17 | Share Help Empower Network Inc Aka She Network Inc | 29 Bubier Rd, Marblehead, MA 01945-3630 | MA | 2009-04 | $2,412 |
| 18 | Shared Living Collaborativeincorporated | 43 Highland Rd, Merrimac, MA 01860-1006 | MA | 2007-07 | $8,275,747 |
| 19 | Sharing A Blessing Inc | 43 Porter St, Berkley, MA 02779-1012 | MA | 2011-01 | $14,750 |
| 20 | Sharing A New Song Inc | 11 Sunnyside Ave, Saugus, MA 01906-2924 | MA | 1991-04 | $48,882 |
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