Sonnabend Foundation in Newton, 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
| Sonnabend Foundation | |
| Employer Identification Number (EIN) | 046035385 |
| Name of Organization | Sonnabend Foundation |
| In Care of Name | Peter Sonnabend |
| Address | 255 Washington St Ste 190, Newton, MA 02458-1643 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 09/1951 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Tax Period | 08/2012 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $64,330 |
| Amount of Income | $75,581 |
| Form 990 Revenue Amount | $470 |
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 | $69,892 | $69,892 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $125 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $69,767 | |||
| Total expenses and disbursements | $40,133 | $568 | $565 | $39,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,133 | $568 | $0 | |
| Contributions, gifts, grants paid | $39,000 | |||
| Excess of revenue over expenses and disbursements | $29,759 | |||
| Net investment income | $69,324 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $64,330 | $65,701 |
| Cash - non-interest-bearing | $5,044 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $47,626 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $11,660 | |
| Total liabilities | $1,750 | |
| Mortgages and other notes payable | $0 | |
| Other | $1,750 | |
| Total liabilities and net assets/fund balances | $62,580 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $69,767 |
| 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 | $693 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $16 |
| Tax due | $709 |
| 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 | $71,933 |
| Net value of noncharitable-use assets | $70,860 |
| Minimum investment return | $3,543 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,850 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,850 |
| 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 | Somerville Community Corporation Inc | 337 Somerville Ave 2nd Fl, Somerville, MA 02143-2914 | MA | 1974-12 | $1,944,987 |
| 2 | Somerville Haitian Coalition Incorporated | 268 Rear Powder House Blvd Apt 17c, Somerville, MA 01244 | MA | 1997-04 | $43,769 |
| 3 | Somerville Hispanic Association For Community Development Inc | 59 Cross St, Somerville, MA 02145-3244 | MA | 2009-04 | $120,152 |
| 4 | Somerville Homeless Coalition Incorporated | 1 Davis Sq, Somerville, MA 02144-2904 | MA | 1987-10 | $3,144,026 |
| 5 | Somerville Municipal Employees Association | 50 Evergreen Ave, Somerville, MA 02145-2819 | MA | 1986-07 | $131,157 |
| 6 | Somerville Open Studios Inc | PO BOX 442115, Somerville, MA 02144-0039 | MA | 2006-06 | $40,679 |
| 7 | Somerville Place Inc | 231 Somerville Ave, Somerville, MA 02143-3424 | MA | 1997-08 | $86,540 |
| 8 | Somerville Youth And Recreation Foundation | 151 Pearl St, Somerville, MA 02145-3136 | MA | 2007-01 | $12,862 |
| 9 | Somerville-Cambridge Elder Services Incorporated | 61 Medford St Ste 2, Somerville, MA 02143-3422 | MA | 1973-04 | $27,135,621 |
| 10 | Sonesta Charitable Foundation Inc | 116 Huntington Ave, Boston, MA 02116-5749 | MA | 1968-05 | $142 |
| 11 | Sonnabend Foundation | 255 Washington St Ste 190, Newton, MA 02458-1643 | MA | 1951-09 | $75,581 |
| 12 | Sonny Whooley Foundation Inc | 60 Forest St, Watertown, MA 02472-3727 | MA | 2005-02 | $1,620 |
| 13 | Sons Of Erin Cape Cod Inc | 633 Route 28, W Yarmouth, MA 02673-5059 | MA | 2007-04 | $626,529 |
| 14 | Sons Of Italy In America | 19 Prentiss Road, Arlington, MA 02476 | MA | 1941-06 | $9,175 |
| 15 | Sons Of Italy In America, 1406 Joseph Gorassi | 168 Lexington St, Woburn, MA 01801-4702 | MA | 1941-06 | $256,084 |
| 16 | Sons Of Italy In America, 1411 Francesco Desanctis | 67 Chouteau Ave, Framingham, MA 01701-4259 | MA | 1941-06 | $74,373 |
| 17 | Sons Of Italy In America, 1646 Victor Emanuel | 124 Washington St, Haverhill, MA 01832-5500 | MA | 1941-12 | $58,129 |
| 18 | Sons Of Italy In America, 278 Giuseppe Verdi | 54 Whitman St, Weymouth, MA 02189-2037 | MA | 1941-06 | $174,810 |
| 19 | Sons Of Italy In America, 506 Cambridge Ital Mens Ladies | 53 Hill Rd Apt 111, Belmont, MA 02478-4317 | MA | 1941-06 | $1,621 |
| 20 | Sons Of Italy In America, 564 Itam | Box 1514 93 Waubeek Road, Pittsfield, MA 01201 | MA | 1941-06 | $32,154 |
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