Silverman Family Foundation Inc 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
| Silverman Family Foundation Inc | |
| Employer Identification Number (EIN) | 043234201 |
| Name of Organization | Silverman Family Foundation Inc |
| In Care of Name | Lois Silverman |
| Address | 99 High St Fl 21, Boston, MA 02110-2352 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| 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 | $408,258 |
| Amount of Income | $447,228 |
| Form 990 Revenue Amount | $50,835 |
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 | $30,115 | $30,109 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $12,678 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $63 | |||
| Other | $17,374 | |||
| Total expenses and disbursements | $132,938 | $5,844 | $0 | $127,094 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $7,344 | $5,844 | $1,500 | |
| Contributions, gifts, grants paid | $125,594 | |||
| Excess of revenue over expenses and disbursements | $-102,823 | |||
| Net investment income | $24,265 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $524,353 | $524,353 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $318,685 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $205,668 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $524,353 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $17,374 |
| 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 | $243 |
| Total credits and payments | $500 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $500 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $257 |
| Amount to be credited to 2013 estimated tax | $257 |
| 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 | $559,362 |
| Net value of noncharitable-use assets | $550,980 |
| Minimum investment return | $27,549 |
| Distributable Amount (for 2012) | |
| Distributable amount | $27,306 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $27,306 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
Ben And Rose Cole Charitable Pria Foundation in Boston, MA
|
|
Chefs Table Foundation in Boston, MA
|
|
Chester Square Neighborhood Association Inc in Boston, MA
|
|
Landry Family Charitable Foundation in Boston, MA
|
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Shooting Touch | 25 Pleasant St, Medfield, MA 02052-2603 | MA | 2008-07 | $161,412 |
| 2 | Shore Support Inc | 166 William St, New Bedford, MA 02740-6022 | MA | 2006-09 | $326,807 |
| 3 | Shrewsbury Historical Society | PO BOX 641, Shrewsbury, MA 01545-8641 | MA | 1977-02 | $164,082 |
| 4 | Shrewsbury Public Library Building And Endowment Trust | 609 Main Street, Shrewsbury, MA 01545 | MA | 2007-07 | $41,708 |
| 5 | Shrewsbury Youth Soccer Association Inc | PO BOX 604, Shrewsbury, MA 01545-8604 | MA | 1986-10 | $243,947 |
| 6 | Shriver Clinical Services Corporation | 591 North Ave Door2 1st Flr, Wakefield, MA 01880-1647 | MA | 1994-03 | $5,522,418 |
| 7 | Siasconset Beach Preservation Fund Inc | 18 Sesapana Rd, Nantucket, MA 02554-2850 | MA | 1994-01 | $1,328,551 |
| 8 | Sidney M & Seena Heller Humanitarian Tr, Heller Seena Ttee | 21 S High St, Milford, MA 01757-4155 | MA | 1996-10 | $841 |
| 9 | Signature Healthcare Medical Group Inc, Signature Medical Group | 680 Centre St, Brockton, MA 02302-3308 | MA | 1998-01 | $43,363,128 |
| 10 | Silver Devils | PO BOX 2080, Brockton, MA 02305-2080 | MA | 2009-02 | $127,673 |
| 11 | Silverman Family Foundation Inc | 99 High St Fl 21, Boston, MA 02110-2352 | MA | 1994-06 | $447,228 |
| 12 | Silvermill Realty Corporation | 115 W Silver St, Westfield, MA 01085-3628 | MA | 1987-03 | $1,806 |
| 13 | Sinai Academy Of The Berkshires Inc | 199 South St, Pittsfield, MA 01201-6837 | MA | 1995-10 | $735,500 |
| 14 | Sippican Historical Society | PO BOX 541, Marion, MA 02738-0010 | MA | 1964-05 | $191,379 |
| 15 | Sirius Inc | 72 Baker Rd, Shutesbury, MA 01072-9703 | MA | 1979-01 | $208,621 |
| 16 | Sisters Of Providence Care Ctrs Inc Manager Of Financial Reporting, Mt St Vincent Beaven Kelly St Lukes | 1221 Main St Ste 201, Holyoke, MA 01040-5396 | MA | 1946-03 | $11,179,629 |
| 17 | Sixseeds Inc | 16 Chestnut St, Winchester, MA 01890-3019 | MA | 2008-08 | $121,120 |
| 18 | Sky Farm Productions Inc | PO BOX 21, Glendale, MA 01229-0021 | MA | 2004-08 | $0 |
| 19 | Skyline Technical Fund Inc | 100 Prescott Street, Worcester, MA 01605-1713 | MA | 2006-07 | $83,999 |
| 20 | Skylur J Spagone Memorial Fund Inc | PO BOX 130, E Bridgewtr, MA 02333-0130 | MA | 2001-10 | $24,229 |
Organization representatives - add corrected or new information about Silverman Family Foundation Inc »
Non-representatives - add comments about Silverman Family Foundation Inc»