Raymond & Lorraine Letourneau in Portsmouth, New Hampshire (NH)
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 New Hampshire
| Raymond & Lorraine Letourneau | |
| Employer Identification Number (EIN) | 030277007 |
| Name of Organization | Raymond & Lorraine Letourneau |
| Address | 292 South St, Portsmouth, NH 03801-4527 |
| Activities | Scholarships (other) |
| Subsection | Educational Organization |
| Ruling Date | 06/1979 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $221,771 |
| Amount of Income | $49,001 |
| Form 990 Revenue Amount | $13,527 |
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 | $6,709 | $6,709 | $6,532 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $10 | |||
| Dividends and interest from securities | $6,522 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $177 | |||
| Total expenses and disbursements | $16,321 | $4,656 | $4,656 | $11,665 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $4,656 | $4,656 | $0 | |
| Contributions, gifts, grants paid | $11,665 | |||
| Excess of revenue over expenses and disbursements | $-9,612 | |||
| Net investment income | $2,053 | |||
| Adjusted net income | $1,876 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $222,474 | $241,545 |
| Cash - non-interest-bearing | $47 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $158,045 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $64,382 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $222,474 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $177 |
| 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 | $41 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $41 |
| 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 | $238,946 |
| Net value of noncharitable-use assets | $235,360 |
| Minimum investment return | $11,768 |
| Distributable Amount (for 2012) | |
| Distributable amount | $11,727 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $11,727 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $11,727 |
| 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 New Hampshire | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rockingham Visiting Nurse Association And Hospice | 137 Epping Road, Exeter, NH 03833-1550 | NH | 1971-10 | $12,990,536 |
| 2 | Rockland Street Baseball Inc | PO BOX 341, Portsmouth, NH 03802-0341 | NH | 2001-04 | $50,334 |
| 3 | Roger N Allen Baseball, 2290206 Rochester West Side Ll | PO BOX 6357, Rochester, NH 03868-6357 | NH | 2006-11 | $290,642 |
| 4 | Roger R Thompson & Theresa S Endowment Fund Fbo Local Charity, Doleac Charles B Ttee | 82 Court St, Portsmouth, NH 03801-4414 | NH | 2002-01 | $900,925 |
| 5 | Roger R Thompson Endowment Fbo Berwick Academy S Berwick Maine, Doleac Charles B Ttee | PO BOX 418, Portsmouth, NH 03802-0418 | NH | 2002-01 | $288,292 |
| 6 | Rolfe & Rumford Home Of Concord Nh | 23 Rundlett St, Concord, NH 03301-2223 | NH | 1950-02 | $2,763 |
| 7 | Rolling Thunder Inc, R T Chap 1 Nh | PO BOX 343, Epping, NH 03042-0343 | NH | 1996-08 | $27,373 |
| 8 | Ronald Mcdonald House Charities Inc, Eastern New England Inc | 3 Industrial Dr Unit 6, Windham, NH 03087-2014 | NH | 2007-12 | $1,850,509 |
| 9 | Robyn S Gift | 74 Edgewater Dr, Barrington, NH 03825 | NH | 2008-09 | $0 |
| 10 | R Winthrop Davison Scholarship Trus | PO BOX 477, Concord, NH 03302-0477 | NH | 1955-05 | $25,661 |
| 11 | Raymond & Lorraine Letourneau | 292 South St, Portsmouth, NH 03801-4527 | NH | 1979-06 | $49,001 |
| 12 | Raymond & Madalin Beaton Charitable Trust 20-004530 | PO BOX 477, Concord, NH 03302-0477 | NH | $58,437 | |
| 13 | Raymond Huntley Fbo Velma Huntley Trust, Stratevest Group | PO BOX 477, Concord, NH 03302-0477 | NH | 2008-06 | $107,977 |
| 14 | Richard Lamb Irrv Tr | PO BOX 477, Concord, NH 03302-0477 | NH | 2004-04 | $35,784 |
| 15 | Ruth & Louis Baker Family Foundation | C/O L Hunter - 86b Steele Road, Peterborough, NH 03458 | NH | 1996-01 | $32,211 |
| 16 | Roth Bicycle Foundation | 9 Drew Ln, Kingston, NH 03848-3248 | NH | 2008-02 | $5,733 |
| 17 | Ruth Garand Memorial Scholarship Fund | 8 Newstead St, Litchfield, NH 03052-1083 | NH | 1988-03 | $103 |
| 18 | Sanborn Seminary | 75 Route 125, Kingston, NH 03848-3525 | NH | 1950-07 | $331,724 |
| 19 | Sabra M Hamilton Foundation | 15 Bryant Ln, Enfield, NH 03748-3305 | NH | 1961-05 | $3,139 |
| 20 | Roso Soccer Club | 12 River Rd, Rollinsford, NH 03869-5806 | NH | 2006-02 | $60,625 |
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