Harry A Schwartz And Joseph Schwartz Foundation in Ridgewood, New Jersey (NJ)
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 Jersey
Harry A Schwartz And Joseph Schwartz Foundation | |
Employer Identification Number (EIN) | 056009127 |
Name of Organization | Harry A Schwartz And Joseph Schwartz Foundation |
In Care of Name | Neuschatz Neuschatz Herman & Hank |
Address | 124 Prospect St, Ridgewood, NJ 07450-4406 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 01/1963 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2014 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $297,838 |
Amount of Income | $105,937 |
Form 990 Revenue Amount | $22,122 |
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 | $17,360 | $17,360 | $6,999 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $1,050 | |||
Dividends and interest from securities | $5,949 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $10,361 | |||
Total expenses and disbursements | $17,999 | $4,232 | $755 | $12,767 |
Compensation of officers, directors, trustees, etc. | $1,000 | |||
Total operating and administrative expenses | $5,232 | $4,232 | $0 | |
Contributions, gifts, grants paid | $12,767 | |||
Excess of revenue over expenses and disbursements | $-639 | |||
Net investment income | $13,128 | |||
Adjusted net income | $6,224 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $233,052 | $271,547 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $200,153 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $32,899 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $233,052 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $10,361 |
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 | $263 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $263 |
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 | $270,408 |
Net value of noncharitable-use assets | $266,360 |
Minimum investment return | $13,318 |
Distributable Amount (for 2012) | |
Distributable amount | $13,055 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $13,055 |
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 |
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Other organizations in New Jersey | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Harrington Park Swim Club Inc | PO BOX 183, Harrington Pk, NJ 07640-0183 | NJ | 1993-05 | $226,037 |
2 | Harrington Park Volunteer Ambulance Corps | 15 Kline St, Harrington Pk, NJ 07640-1545 | NJ | 1967-01 | $64,040 |
3 | Harris Foundation For The Living Environment Inc | 163 Hopewell Wertsville Rd, Hopewell, NJ 08525-1106 | NJ | 1993-01 | $909,944 |
4 | Harrison C Wilf Charitable Tr, Wilf Leonard Ttee | 200 Central Avenue, Mountainside, NJ 07092-1926 | NJ | $10,484 | |
5 | Harrison Pba Local 22 Civic Association Inc | PO BOX 233, Harrison, NJ 07029 | NJ | 2004-11 | $12,031 |
6 | Harrison Township Youth Basketball League Inc | 302 Belmont Ct, Mullica Hill, NJ 08062-3638 | NJ | 2005-09 | $64,577 |
7 | Harry & Anita Paborsky Foundation | 19 Inverness Ct, Monroe Twp, NJ 08831-2700 | NJ | 1983-02 | $1 |
8 | Harry & Beatrice Berger Foundation Inc | 11 Lexington Ct, Englewood, NJ 07631-3081 | NJ | 1994-08 | $2,217 |
9 | Harry & Bina Appleman Family Foundation Inc | 200 Winston Dr Apt 221, Cliffside Pk, NJ 07010-3209 | NJ | 1964-02 | $5,933 |
10 | Harry & Helen Kejzman Family Foundation A New Jersey Non-Profit | 3071 E Chestnut Avenue Suite C-8, Vineland, NJ 08361-7847 | NJ | 1999-03 | $571 |
11 | Harry A Schwartz And Joseph Schwartz Foundation | 124 Prospect St, Ridgewood, NJ 07450-4406 | NJ | 1963-01 | $105,937 |
12 | Harry Cashin Memorial Scholaship Fund Inc | 5000 W Side Ave, North Bergen, NJ 07047-6439 | NJ | 1998-09 | $98,883 |
13 | Harry E Gould Foundation | PO BOX 496, Carlstadt, NJ 07072-0496 | NJ | 1959-06 | $1,750 |
14 | Harry E Teasley Jr Family Foundation Ua 043097, Teasley Harry E Jr & Linda G Et Al | C/O Hamel Assoc 615 W Mt Pleasant A, Livingston, NJ 07039 | NJ | 1998-08 | $380,880 |
15 | Harry Housel People Empowerment Place Inc, People Empowerment Place | Church At The Crossroads, East Orange, NJ 07018 | NJ | 2001-11 | $39,424 |
16 | Harry W Wolkstein Foundation | 530 Valley Rd, Upper Montclair, NJ 07043-2729 | NJ | 1969-04 | $524 |
17 | Hartley Dodge Foundation | Borough Hall, Madison, NJ 07940 | NJ | 1941-10 | $338,475 |
18 | Hartnett Family Foundation Inc | PO BOX 1997, Morristown, NJ 07962-1997 | NJ | 1997-01 | $60,926 |
19 | Hartwyck West Nursing Home Inc | 98 James St 4th Floor, Edison, NJ 08820-3902 | NJ | 1986-05 | $8,911,628 |
20 | Harvard Club Of New Jersey | 12 Highland Ave, Andover, NJ 07821-2200 | NJ | 1971-06 | $44,742 |
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