John And Mary Linda Foundation in Boonton, 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
| John And Mary Linda Foundation | |
| Employer Identification Number (EIN) | 521566835 |
| Name of Organization | John And Mary Linda Foundation |
| In Care of Name | John Dorsey |
| Address | 714 Main St, Boonton, NJ 07005-1450 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 05/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1 |
| Amount of Income | $24,098 |
| Form 990 Revenue Amount | $24,098 |
Non-representatives - add comments:
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $24,098 | $49,707 | $16,542 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $24,098 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $524,571 | $26,724 | $26,724 | $26,724 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $26,724 | $26,724 | $26,724 | |
| Contributions, gifts, grants paid | $497,847 | |||
| Excess of revenue over expenses and disbursements | $-500,473 | |||
| Net investment income | $22,983 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1 | $0 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $1 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $230 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $230 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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? | Yes |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $420,683 |
| Net value of noncharitable-use assets | $414,380 |
| Minimum investment return | $20,719 |
| Distributable Amount (for 2011) | |
| Distributable amount | $20,489 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $20,489 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $20,489 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 | John & Margaret A Krupa Charitable Foundation | PO BOX 1501, Pennington, NJ 08534-0671 | NJ | 1997-04 | $2,769,191 |
| 2 | John & Patricia Imbesi Private Foundation | PO BOX 847, Ocean City, NJ 08226-0847 | NJ | 1988-04 | $41,294 |
| 3 | John & Theresa Bresnowitz Charitable Trust | 819 S Maple Ave, Glen Rock, NJ 07452-2818 | NJ | 1986-10 | $140 |
| 4 | John A & Joan M Dietze Charitable Tr 102501, Dietze Joan M Ttee | PO BOX 1501, Pennington, NJ 08534-0671 | NJ | 2002-04 | $2,950,444 |
| 5 | John A & Ruth Davis Manger Foundation Inc | Ja Manger 18 Robin Hood Drive, Mountain Lakes, NJ 07046 | NJ | 2000-02 | $23,031 |
| 6 | John Adams Milddle School Pto Inc | 1081 New Dover Rd, Edison, NJ 08820-1421 | NJ | 2005-08 | $24,102 |
| 7 | John And Charles Memorial Fund Inc | 446 Belgrove Dr, Kearny, NJ 07032-1628 | NJ | 2006-06 | $15,700 |
| 8 | John And Joann Weisel Familyfoundation | 215 Upper Mountain Ave, Montclair, NJ 07042-1905 | NJ | 2008-03 | $106,042 |
| 9 | John And Marie Cwik Family Foundation Corp | 9906 Corinthian Dr, Stone Harbor, NJ 08247-1309 | NJ | 2008-02 | $204,876 |
| 10 | John And Mary Kay Strangfeldfoundation | 30 Chapin Rd, Bernardsville, NJ 07924-1102 | NJ | 2006-05 | $31,515 |
| 11 | John And Mary Linda Foundation | 714 Main St, Boonton, NJ 07005-1450 | NJ | 1988-05 | $24,098 |
| 12 | John And Mary Louise Scanlan Foundation | 217 Hedgeman Rd, Moorestown, NJ 08057-1308 | NJ | 2003-02 | $44,504 |
| 13 | John And Nancy Sykes Foundation Incorporated | 102 S 21st Ave, Longport, NJ 08403-1133 | NJ | 1995-05 | $244,639 |
| 14 | John Bellew Scholarship Fund | 44 Abbey Ct, Ramsey, NJ 07446-2604 | NJ | 2006-02 | $75,776 |
| 15 | John Bickford Foundation | 1 Jefferson Rd, Parsippany, NJ 07054-2891 | NJ | 1972-07 | $968,577 |
| 16 | John Blom Foundation | 3030 Atlantic Ave, Atlantic City, NJ 08401-6344 | NJ | 1972-01 | $11,367 |
| 17 | John Brooks Recovery Center A New Jersey Nonprofit Corporation | 19 S Tennessee Ave, Atlantic City, NJ 08401-7133 | NJ | 1971-01 | $8,524,011 |
| 18 | John C Kish Foundation | PO BOX 1501, Pennington, NJ 08534-0671 | NJ | 2004-05 | $34,584,239 |
| 19 | John Cocula Scholarship Fund | 859 Route 517, Glenwood, NJ 07418 | NJ | 2005-10 | $32,059 |
| 20 | John D Young Memorial Lions Blind Rehablitation And Rec Center | 1601 Tilton Rd Ste 5, Northfield, NJ 08225-1858 | NJ | 1968-11 | $119,211 |
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