Thoracic 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
| Thoracic Foundation | |
| Employer Identification Number (EIN) | 042226641 |
| Name of Organization | Thoracic Foundation |
| In Care of Name | Bradley R Cook Ttee |
| Address | 160 Federal St, Boston, MA 02110-1700 |
| Activities | Scientific research (diseases), Contact or sponsored scientific research for industry |
| Subsection | Charitable Organization |
| Ruling Date | 07/1949 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $4,958,552 |
| Amount of Income | $5,283,376 |
| Form 990 Revenue Amount | $563,778 |
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 | $275,995 | $275,995 | $82,247 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $4,301 | |||
| Dividends and interest from securities | $62,066 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $15,880 | |||
| Other | $193,748 | |||
| Total expenses and disbursements | $386,260 | $101,260 | $0 | $285,000 |
| Compensation of officers, directors, trustees, etc. | $20,852 | |||
| Total operating and administrative expenses | $101,260 | $101,260 | $0 | |
| Contributions, gifts, grants paid | $285,000 | |||
| Excess of revenue over expenses and disbursements | $-110,265 | |||
| Net investment income | $174,735 | |||
| Adjusted net income | $82,247 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $4,386,537 | $5,521,999 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $25,659 | |
| Investments-corporate stock | $3,324,381 | |
| Investments-corporate bonds | $50,651 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $32,673 | |
| Other | $953,173 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $4,386,537 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $193,748 |
| 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 | $3,495 |
| Total credits and payments | $4,725 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $4,725 |
| 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 | $1,230 |
| Amount to be credited to 2013 estimated tax | $1,230 |
| 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 | $5,529,411 |
| Net value of noncharitable-use assets | $5,446,480 |
| Minimum investment return | $272,324 |
| Distributable Amount (for 2012) | |
| Distributable amount | $268,829 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $268,829 |
| 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 | Thomas M Rotch Trust Uw, E E Watts Iii & J D Colt Ttees | One International Pla, Boston, MA 02110 | MA | 1987-12 | $391,698 |
| 2 | Thomas Morgan Rotch Jr Memorial Hospital For Infants Trust | 1 International Pl, Boston, MA 02110-2602 | MA | 1933-11 | $1,952,788 |
| 3 | Thomas S Gunning Scholarship Foundation | 100 Grossman Drive, Braintree, MA 02184-4949 | MA | 2001-10 | $156,600 |
| 4 | Thomas S Peirce Trust Uw Fbo Middleborough Public Library | PO BOX 332, Middleboro, MA 02346-0332 | MA | 2008-08 | $21,348 |
| 5 | Thomas S Pierce Trust Fbo, Town Of Middleboro | PO BOX 332, Middleboro, MA 02346-0332 | MA | 2009-01 | $206,390 |
| 6 | Thomas Thompson Trust | 160 Federal St Fl 15, Boston, MA 02110-1700 | MA | 1944-12 | $1,775,089 |
| 7 | Thomas Tucker Taranto Memorial Scholarship Fund | 14 Cutler Farm Rd, Lexington, MA 02421-7804 | MA | 2009-03 | $50,649 |
| 8 | Thomas W Hamilton Parent Council Inc | 400 Union St, S Weymouth, MA 02190-3149 | MA | 1997-10 | $55,461 |
| 9 | Thompson Foster Street Foundation Inc | 400 Atlantic Ave, Boston, MA 02110-3331 | MA | 2001-08 | $570,566 |
| 10 | Thomson School Pto | 266 Waverly Rd, North Andover, MA 01845 | MA | 2008-01 | $51,101 |
| 11 | Thoracic Foundation | 160 Federal St, Boston, MA 02110-1700 | MA | 1949-07 | $5,283,376 |
| 12 | Thoreau Farm Trust Inc | 341 Virginia Rd, Concord, MA 01742-2727 | MA | 1999-02 | $72,800 |
| 13 | Thornton Family Foundation | 330 Garfield Rd, Concord, MA 01742-4931 | MA | 2001-04 | $35,104 |
| 14 | Thorny Lea Golf Club Inc | 159 Torrey St, Brockton, MA 02301-4856 | MA | 1952-09 | $3,957,101 |
| 15 | Three Bays Preservation Inc | PO BOX 215, Osterville, MA 02655-0215 | MA | 1997-05 | $1,039,168 |
| 16 | Three County Fairgrounds Redevelopment Corporation | PO BOX 305, Northampton, MA 01061-0305 | MA | 2008-06 | $3,910,810 |
| 17 | Three Gems Inc | 231 Somerville Ave, Somerville, MA 02143-3424 | MA | 2001-01 | $101,228 |
| 18 | Three Saints Inc | 20 Common St, Lawrence, MA 01840-1724 | MA | 1997-10 | $243,116 |
| 19 | Thrift Shop Of Boston Inc | 15 17 Corinth Street, Roslindale, MA 02131 | MA | 1941-01 | $357,649 |
| 20 | Thursday Morning Mens Breakfast Inc | 125 High St 21st Fl, Boston, MA 02110-2704 | MA | 2010-03 | $49,552 |
Organization representatives - add corrected or new information about Thoracic Foundation »
Non-representatives - add comments about Thoracic Foundation»