Theodore W & Evelyn Berenson Charitable 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Massachusetts
| Theodore W & Evelyn Berenson Charitable Foundation | |
| Employer Identification Number (EIN) | 046068512 |
| Name of Organization | Theodore W & Evelyn Berenson Charitable Foundation |
| In Care of Name | Goulston & Storrs |
| Address | 400 Atlantic Ave No 401, Boston, MA 02110-3331 |
| Activities | Fraternal Beneficiary society, order, or association, Other social activities, Other recreational activities |
| Subsection | Charitable Organization |
| Ruling Date | 03/1981 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2013 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $5,846,621 |
| Amount of Income | $559,328 |
| Form 990 Revenue Amount | $256,360 |
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 | $335,714 | $184,952 | $0 | |
| Contributions, gifts, grants, etc., received | $69,979 | |||
| Interest on savings and temporary cash investments | $20,291 | |||
| Dividends and interest from securities | $19,759 | |||
| Gross rents | $92,680 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $149 | |||
| Other | $132,856 | |||
| Total expenses and disbursements | $560,645 | $32,292 | $0 | $497,857 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $62,788 | $32,292 | $0 | |
| Contributions, gifts, grants paid | $497,857 | |||
| Excess of revenue over expenses and disbursements | $-224,931 | |||
| Net investment income | $152,660 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $5,103,941 | $7,263,963 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $458,188 | |
| Investments-corporate stock | $667,866 | |
| Investments-corporate bonds | $303,172 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $3,674,715 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $5,103,941 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $132,856 |
| 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 | $1,527 |
| Total credits and payments | $4,089 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,089 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $2,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $2,562 |
| Amount to be credited to 2013 estimated tax | $2,562 |
| 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 | $4,953,282 |
| Net value of noncharitable-use assets | $2,476,660 |
| Minimum investment return | $123,833 |
| Distributable Amount (for 2012) | |
| Distributable amount | $103,317 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $103,317 |
| 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 |
| Unrelated Trade or Business Income (for 2009) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $26,778 | $0 | $26,778 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $81,721 | $0 | $81,721 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $108,499 | $0 | $108,499 |
| Deductions Not Taken Elsewhere (for 2009) | |
| Total deductions | $19,109 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $3,588 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $5,916 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $9,605 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $7,669 |
| Net operating loss deduction | $7,669 |
| Unrelated business taxable income before specific deduction | $0 |
| Specific deduction | $1,000 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Goldhirsh Foundation Inc, Thielen Richard | 101 Federal St Fl 14, Boston, MA 02110-1859 | MA | 2001-05 | $32,829,427 |
| 2 | The Grantham Foundation For The Protection Of The Environment | 40 Rowes Wharf, Boston, MA 02110-3340 | MA | 1998-01 | $79,246,476 |
| 3 | The Massachusetts Institute For A New Commonwealth Inc, Ideas Boston | 11 Beacon St Ste 500, Boston, MA 02108-3006 | MA | 1995-08 | $2,239,587 |
| 4 | The Mediation Group Inc | 235 Cypress St Ste 300, Brookline, MA 02445-6777 | MA | 1986-11 | $966,589 |
| 5 | The Morningside Foundation | 1188 Centre Street, Newton Centre, MA 02459-1556 | MA | 1997-11 | $10,949,911 |
| 6 | Partnership Inc | 545 Boylston St 3rd Fl, Boston, MA 02116-3606 | MA | 1986-05 | $2,301,973 |
| 7 | The Paul And Phyllis Fireman Charitable Foundation | 800 South St Ste 610, Waltham, MA 02453-1479 | MA | 1986-03 | $15,848,690 |
| 8 | The Samuel P Pardoe Foundation | 77 Summer Street 8th Floor, Boston, MA 02110-1006 | MA | 1990-02 | $1,424,028 |
| 9 | Theater Project Inc | 131 Elm St, West Springfield, MA 01089-2721 | MA | 1993-08 | $1,385,510 |
| 10 | Theodore Edson Parker Foundation | 77 Summer Street No 8th Fl, Boston, MA 02110-1006 | MA | 1947-12 | $944,173 |
| 11 | Theodore W & Evelyn Berenson Charitable Foundation | 400 Atlantic Ave No 401, Boston, MA 02110-3331 | MA | 1981-03 | $559,328 |
| 12 | Thomas A Rodgers Jr Family Foundation | 111 Durfee St, Fall River, MA 02720-2126 | MA | 1999-01 | $20,184,166 |
| 13 | Thompson Island Outward Bound Education Center Inc | PO BOX 127, South Boston, MA 02127-0002 | MA | 1994-06 | $7,183,866 |
| 14 | Tin Can Sailors Inc | PO BOX 100, Somerset, MA 02726-0100 | MA | 1983-05 | $753,351 |
| 15 | Titanic Historical Society Incorporated | PO BOX 51053, Indian Orch, MA 01151-5053 | MA | 1976-04 | $260,385 |
| 16 | Union Of Concerned Scientists Inc | 2 Brattle Sq Ste 6, Cambridge, MA 02138-3756 | MA | 1974-06 | $32,715,283 |
| 17 | Unitarian Universalist Service Committee Inc | 683 Mass Avenue, Cambridge, MA 02139 | MA | 1969-11 | $13,408,119 |
| 18 | United Way Of Greater New Bedford Inc | 105 William St Fl 3, New Bedford, MA 02740-6257 | MA | 1953-10 | $2,634,891 |
| 19 | Upstream Foundation | 95 Allens Point Rd, Marion, MA 02738-2300 | MA | 1998-03 | $519,372 |
| 20 | Urban Edge Housing Corp | 1542 Columbus Avenue Ste 2, Roxbury, MA 02119-1026 | MA | 1984-04 | $8,903,796 |
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