William P Wharton Tr Uw Art 2d 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
| William P Wharton Tr Uw Art 2d | |
| Employer Identification Number (EIN) | 046407797 |
| Name of Organization | William P Wharton Tr Uw Art 2d |
| In Care of Name | Choate Hall Stew |
| Address | PO BOX 96101, Boston, MA 02196 |
| Ruling Date | 07/1977 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $3,591,138 |
| Amount of Income | $2,026,425 |
| Form 990 Revenue Amount | $223,376 |
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 | $133,324 | $132,955 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $10 | |||
| Dividends and interest from securities | $82,461 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $50,853 | |||
| Total expenses and disbursements | $187,406 | $37,200 | $0 | $150,206 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $48,506 | $37,200 | $11,306 | |
| Contributions, gifts, grants paid | $138,900 | |||
| Excess of revenue over expenses and disbursements | $-54,082 | |||
| Net investment income | $95,755 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,964,606 | $3,342,626 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $2,525,778 | |
| Investments-corporate bonds | $321,412 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $117,416 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,964,606 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $50,853 |
| 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 | $1,915 |
| Total credits and payments | $3,679 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,979 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $700 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $1,764 |
| Amount to be credited to 2013 estimated tax | $1,764 |
| 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? | Yes |
| 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)? | 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 | $3,233,741 |
| Net value of noncharitable-use assets | $3,185,240 |
| Minimum investment return | $159,262 |
| Distributable Amount (for 2012) | |
| Distributable amount | $177,347 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $177,347 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $25,713 |
| 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 | William H Leland Iii Charitable Foundation Inc | 300 West Main Street No 102, Northborough, MA 01532-2132 | MA | 2006-12 | $13,804 |
| 2 | William H Lincoln School Pto | 19 Kennard Rd, Brookline, MA 02445-7513 | MA | 2000-07 | $110,260 |
| 3 | William H Reisner Foundation | 33 Elm St, Clinton, MA 01510-2307 | MA | 1954-06 | $6,044 |
| 4 | William Harold Francis Austin Trust | 605 Broadway Lf 42, Saugus, MA 01906-3283 | MA | 1981-03 | $309,696 |
| 5 | William Hodgins Charitable Foundation, William Hodgins Ttee | 2 Commonwealth Ave, Boston, MA 02216-0001 | MA | 2006-05 | $76 |
| 6 | William J Bresnahan Scouting And Community Center Inc | 70 Corey Hill Road, Ashburnham, MA 01430 | MA | 2008-12 | $20,143 |
| 7 | William J Eisen Charitable Tr, Eisen William J Ttee | 64 Fairbanks Ave, Wellesley, MA 02481-5255 | MA | 1997-06 | $15,003 |
| 8 | William J Obrien Memorial Lecture Series | 11 Millbrook St, Worcester, MA 01606-2801 | MA | 2005-11 | $25,300 |
| 9 | William J Stewart Memorial Golf Classic | 10 Porter St, Stoughton, MA 02072-2903 | MA | 1995-05 | $0 |
| 10 | William Makepeace Atwood Scholarship Fund, Atwood Natalie C Ttee | 2036 Washington St, Hanover, MA 02339-1617 | MA | 1994-05 | $5,193 |
| 11 | William P Wharton Tr Uw Art 2d | PO BOX 96101, Boston, MA 02196 | MA | 1977-07 | $2,026,425 |
| 12 | William R Oconnell And Linda P Oconnell Foundation | PO BOX 1428, Stockbridge, MA 01262-1428 | MA | 1999-01 | $10,000 |
| 13 | William S Kaiser Family Foundation | 23 Inverness Rd, Wellesley, MA 02481-6114 | MA | 2009-02 | $6,851,041 |
| 14 | William Sadowsky Family Foundation | 215 Pendleton Ln, Longmeadow, MA 01106-2574 | MA | 1961-06 | $165,506 |
| 15 | William Sturgis Friends Of Education Foundation Inc | 427 Main St, Hyannis, MA 02601-3905 | MA | 2005-10 | $1,203,933 |
| 16 | William Townsend Porter Foundation Inc | 60 State Street, Boston, MA 02109-1800 | MA | 1938-12 | $705,053 |
| 17 | Williams After School Club Inc | 141 Grove St, Newton, MA 02466-2615 | MA | 2002-08 | $347,561 |
| 18 | Williams Boltwood House Trust Inc | Po Box 401 2 Williams Drive, Goshen, MA 01032-0401 | MA | 2009-12 | $0 |
| 19 | Williams College Faculty Club Inc | PO BOX 67, Williamstown, MA 01267-0067 | MA | $13,957 | |
| 20 | Williams Miller Fam Foundation, Kim Williams Et Al Ttee | 29 Newman Rd, Newbury, MA 01951-2206 | MA | 2005-12 | $30,065 |
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