Chester And Taube Hurwitz Foundation in Towson, Maryland (MD)

Chester And Taube Hurwitz Foundation
Employer Identification Number (EIN)	521368401
Name of Organization	Chester And Taube Hurwitz Foundation
Address	409 Washington Ave Ste 900, Towson, MD 21204-4905
Activities	Scholarships (other)
Subsection	Charitable Organization, Educational Organization
Ruling Date	02/1985
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Trust
Exempt Organization Status	Unconditional Exemption
Tax Period	04/2014
Assets	$100,000 to $499,999
Income	$25,000 to $99,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$216,878
Amount of Income	$48,325
Form 990 Revenue Amount	$7,565

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2014)
Total revenue	$43,240	$23,443	$0
Contributions, gifts, grants, etc., received	$19,797
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$3,861
Gross rents	$0
Gross sales price for all assets	$24,667
Gross profit from sales of goods	$0
Other income	$0
Other	$19,582
Total expenses and disbursements	$14,163	$2,530	$0	$11,533
Compensation of officers, directors, trustees, etc.	$1,113
Pension plans, employee benefits	$0
Legal fees	$1,750
Accounting fees	$0
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$2,963	$2,530		$333
Contributions, gifts, grants paid	$11,200
Excess of revenue over expenses and disbursements	$29,077
Net investment income		$20,913
Adjusted net income			$0

	2012		2013		2014
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$190,010	$231,050	$187,801	$256,268	$216,878	$355,891
Cash - non-interest-bearing	$0		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$186,647		$182,760		$212,251
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$0		$0		$0
Total liabilities and net assets/fund balances	$190,010		$187,801		$216,878

	2012	2013	2014
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$5,384	$9,345	$19,582
Net capital loss	$0	$0	$0

	2012	2013	2014
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$51	$0	$418
Total credits and payments	$219	$168	$174
Current year estimated tax payments and previous year's overpayment credited to current year	$219	$168	$174
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$0	$0
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$0	$244
Overpayment		$74	$0
Amount to be credited to next year's estimated tax	$168	$74	$0

	2012	2013	2014
Statements Regarding Activities
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	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No
Did any persons become substantial contributors during the tax year?		No	Yes
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2012	2013	2014
Statements Regarding Activities for Which Form 4720 May Be Required
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	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	Yes	Yes	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	No	No
Agree to pay money or property to a government official?	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	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	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	Yes	Yes	Yes
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	No	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	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2012	2013	2014
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$222,117	$237,473	$314,713
Net value of noncharitable-use assets		$233,911	$309,992
Minimum investment return	$10,939	$11,696	$15,500

	2012	2013	2014
Distributable Amount
Distributable amount	$10,888	$11,602	$15,082

	2012	2013	2014
Undistributed Income
Distributable amount for this year	$10,888	$11,602	$15,082
Undistributed income for this year. This amount must be distributed in the next year	$10,008	$11,110	$14,659

	2014	2013	2012	2011	Total
Private Operating Foundations (for 2011 - 2014)
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

Supplementary Information (for 2014)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2014)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$0	$0
Dividends and interest from securities	$3,861	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Chester And Taube Hurwitz Foundation to others? (optional)

Yes

Add photo of Chester And Taube Hurwitz Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (13.59.116.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Kidcare Fund Inc in Towson, MD
Orokawa Foundation Inc, Martin J Eby in Towson, MD
Edenwald Residents Association in Towson, MD
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
Phoenix Wildlife Center Inc in Phoenix, MD
Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD
Bright Eyes Sanctuary Inc in Hagerstown, MD
St Mary Episcopal Church in Woodlawn, MD
Turning Point Church in Rockville, MD
Beaverbrook Community Association Inc in Columbia, MD

Recently Added Reviews

Kidcare Fund Inc in Towson, MD

Orokawa Foundation Inc, Martin J Eby in Towson, MD

Edenwald Residents Association in Towson, MD

Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD

Phoenix Wildlife Center Inc in Phoenix, MD

Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD

Bright Eyes Sanctuary Inc in Hagerstown, MD

St Mary Episcopal Church in Woodlawn, MD

Turning Point Church in Rockville, MD

Beaverbrook Community Association Inc in Columbia, MD

Id	Name	Address	State	Established	Total Income
Other organizations in Maryland
1	Chesapeake Vascular Society	22 S Greene St, Baltimore, MD 21201-1544	MD	1986-01	$23,539
2	Chesapeake Victories Inc	201 Arbor Way, Church Hill, MD 21623	MD	2008-04	$0
3	Chesapeake Water Environment Association Inc	C/O 3600 Odonnell St Ste 300, Baltimore, MD 21224	MD	2013-06	$125,715
4	Chesapeake Wrestling	114 Lake Shore Drive, Pasadena, MD 21122	MD	2009-04	$22,457
5	Chesapeake Youth Chorale Inc	PO BOX 1671, Easton, MD 21601-8933	MD	1999-10	$0
6	Chesapeake Youth Symphony Orchestra	PO BOX 863, Arnold, MD 21012-0863	MD	1990-09	$189,388
7	Chesapeake-Potomac Home Health Agency Inc	7627 Leonardtown Rd, Hughesville, MD 20637-3005	MD	1997-05	$4,483,424
8	Chesapeake-Potomac Spina Bifida Association Inc	Po Box 1750, Annapolis, MD 21404	MD	1998-01	$38,864
9	Chesed Fund Limited	3209 Fallstaff Rd, Baltimore, MD 21215-1720	MD	2005-10	$71,490
10	Chessie Foundation Inc	4701 Willard Avenue No 225, Chevy Chase, MD 20815-4643	MD	2006-05	$1,053,034
11	Chester And Taube Hurwitz Foundation	409 Washington Ave Ste 900, Towson, MD 21204-4905	MD	1985-02	$48,325
12	Chester River Artworks Inc	PO BOX 606, Chestertown, MD 21620-0606	MD	2000-05	$91,094
13	Chester River Chorale	PO BOX 461, Chestertown, MD 21620-0461	MD	2001-03	$163,521
14	Chester River Health Foundation Inc	100 Brown St, Chestertown, MD 21620-1435	MD	1985-01	$1,251,371
15	University Of Maryland Shore Regional Health Inc	100 Brown St, Chestertown, MD 21620-1435	MD	1998-05	$2,884,460
16	Chester River Hospital Center Pooled Income Fund 010012870400	14020 Riverview Ln, Kennedyville, MD 21645-3344	MD	1977-11	$132,176
17	Chester River Manor Inc	200 Morgnec Rd, Chestertown, MD 21620-1026	MD	1967-01	$7,611,671
18	Chester River Yacht & Country Club Of Chestertown Inc	7738 Quaker Neck Rd, Chestertown, MD 21620-4707	MD	1948-04	$2,471,521
19	Chester Valley Ministers Association Inc	Po Box 227, Chestertown, MD 21620	MD	2008-09	$0
20	Chestertown Arts League Inc	315 High St Ste 106, Chestertown, MD 21620-1307	MD	2000-08	$263,923

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Chester And Taube Hurwitz Foundation and has no official or unofficial affiliation with Chester And Taube Hurwitz Foundation