Privitera Family Charitable Foundation in Pennington, 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
| Privitera Family Charitable Foundation | |
| Employer Identification Number (EIN) | 043493854 |
| Name of Organization | Privitera Family Charitable Foundation |
| In Care of Name | Philip J Privitera |
| Address | PO BOX 1501, Pennington, NJ 08534-0671 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $324,297 |
| Amount of Income | $178,981 |
| Form 990 Revenue Amount | $206,254 |
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 | $56,495 | $6,482 | $0 | |
| Contributions, gifts, grants, etc., received | $50,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $3,449 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $3,046 | |||
| Total expenses and disbursements | $179,211 | $917 | $0 | $178,270 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $5,711 | $917 | $4,770 | |
| Contributions, gifts, grants paid | $173,500 | |||
| Excess of revenue over expenses and disbursements | $-122,716 | |||
| Net investment income | $5,565 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $285,604 | $300,911 |
| Cash - non-interest-bearing | $166,730 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $113,259 | |
| Other | $5,615 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $285,604 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $3,046 |
| 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 | $56 |
| Total credits and payments | $54 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $54 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $2 |
| 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 | $352,314 |
| Net value of noncharitable-use assets | $347,020 |
| Minimum investment return | $17,351 |
| Distributable Amount (for 2012) | |
| Distributable amount | $17,295 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $17,295 |
| 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 | Paula And William J Marino Family Foundation | PO BOX 1501, Pennington, NJ 08534-0671 | NJ | 2012-02 | $496,107 |
| 2 | Pearl R Miller Home And Schoolassociation A Nj Nonprofit Corp | 117 Kiel Ave, Kinnelon, NJ 07405-1611 | NJ | 2011-09 | $81,819 |
| 3 | Pentecost University College Foundation | 5 Georgiann Lane, Clarksburg, NJ 08510-1718 | NJ | 2012-10 | $3,500 |
| 4 | Peruvian Civic Association Of The State Of New Jersey | 102 Kearny Ave, Kearny, NJ 07032-2316 | NJ | 2013-02 | $53,531 |
| 5 | Point Pleasant Borough Fire Department Inc | PO BOX 624, Pt Pleasant, NJ 08742-0624 | NJ | 2012-01 | $181,494 |
| 6 | Polish University Club Of New Jersey | 2256 Stocker Ln, Scotch Plains, NJ 07076-2119 | NJ | 2012-10 | $147,929 |
| 7 | Prabhat Inc | 8 Normandy Dr, Parsippany, NJ 07054-4030 | NJ | 2012-04 | $14,823 |
| 8 | Precious Love Fund | 1044 Mantua Pike, Wenonah, NJ 08090-1124 | NJ | 2011-08 | $4,834 |
| 9 | Princeton Charter School Inc | 100 Bunn Dr, Princeton, NJ 08540-2821 | NJ | 2012-01 | $6,031,651 |
| 10 | Princeton Class Of 1961 Foundation Inc | 4 Ashington Club Rd, Far Hills, NJ 07931-2480 | NJ | 2012-06 | $37,327 |
| 11 | Privitera Family Charitable Foundation | PO BOX 1501, Pennington, NJ 08534-0671 | NJ | 2001-05 | $178,981 |
| 12 | Profectum Foundation | 88 East Main Street No 212h, Mendham, NJ 07945-1832 | NJ | 2011-09 | $493,759 |
| 13 | Project Hope Plainfield Corp | 724 Park Ave, Plainfield, NJ 07060-1614 | NJ | 2013-02 | $1,849 |
| 14 | Protect Our Wetlands Water And Woods A New Jersey Non-Profit Corp | Po Box 438, Denville, NJ 07834 | NJ | 1988-09 | $283,322 |
| 15 | Protestant Abbey Mission | 19 Mulberry Ct, Paramus, NJ 07652-1351 | NJ | 2012-05 | $152,918 |
| 16 | Pta Highland Park Schools | 435 Mansfield St, Highland Park, NJ 08904-2653 | NJ | 2012-11 | $66,528 |
| 17 | Rho Of Phi Kappa Tau Alumni Scholarship Fund | 911 Thomas Avenue, Cinnaminson, NJ 08077 | NJ | 1976-04 | $11 |
| 18 | Pucillo Fam Foundation | 46 Hathaway Ln, Essex Fells, NJ 07021-1305 | NJ | 2012-09 | $5,523,858 |
| 19 | Radha And Chirag Patel Foundation | 440 Us Highway 22 Ste 104, Bridgewater, NJ 08807-2477 | NJ | 2012-05 | $1,500 |
| 20 | Rahway Cemetery | 1670 St Georges Ave, Rahway, NJ 07065-2006 | NJ | 2012-02 | $57,369 |
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