Florence & Ben Barrack Foundation Inc in New York, New York (NY)
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 York
| Florence & Ben Barrack Foundation Inc | |
| Employer Identification Number (EIN) | 136188601 |
| Name of Organization | Florence & Ben Barrack Foundation Inc |
| In Care of Name | Fox & Juran |
| Address | 295 Madison Ave Rm 1107, New York, NY 10017-6392 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Educational Organization |
| Ruling Date | 01/1958 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2011 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $194,825 |
| Amount of Income | $493,732 |
| Form 990 Revenue Amount | $251,559 |
Non-representatives - add comments:
Revenue for 2011
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 | $251,559 | $251,559 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $10,184 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $241,375 | |||
| Total expenses and disbursements | $302,410 | $6 | $0 | $302,179 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,410 | $6 | $2,179 | |
| Contributions, gifts, grants paid | $300,000 | |||
| Excess of revenue over expenses and disbursements | $-50,851 | |||
| Net investment income | $251,553 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $194,825 | $194,825 |
| 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 | $194,825 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $194,825 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $241,375 |
| 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 | $2,516 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $6 |
| Tax due | $2,522 |
| 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? | 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 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 | $462,432 |
| Net value of noncharitable-use assets | $455,500 |
| Minimum investment return | $22,775 |
| Distributable Amount (for 2011) | |
| Distributable amount | $20,259 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $20,259 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
| Stein Senior Center Inc in New York, NY |
| The Bridge Inc in New York, NY |
|
Lucis Trust And Arcane School in New York, NY
|
Crawfish For Cancer Inc in New York, NY
 |
| National Council Of Ghanaian Association Inc in New York, NY |
|
Tay-Bandz Inc in New York, NY
|
| Polish American Immigration And Relief Committee Inc in New York, NY |
|
Stationary Engineers Fireman Mntnce & Bldg Srvc Union Loc 670 Wlfr Fnd in New York, NY
|
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Floors Foundation Tr | 1329 E 24th St, Brooklyn, NY 11210-5142 | NY | 1997-06 | $28,991 |
| 2 | Flora Baldini Giffuni Foundation Inc | 494 8th Ave Ste 806, New York, NY 10001-2542 | NY | 2003-02 | $183 |
| 3 | Flora Bernice Smith Foundation | PO BOX 4967, Syracuse, NY 13221-4967 | NY | 1972-08 | $53,163 |
| 4 | Flora F Morrell Charitable Tr, Charles Shabsels Ttee | 350 5th Ave Ste 2310, New York, NY 10118-2310 | NY | 2006-11 | $143,562 |
| 5 | Floral Park Cemetery Assn Inc | 104 Burbank Ave, Johnson City, NY 13790-3043 | NY | 1931-07 | $33,158 |
| 6 | Floral Park Centre Fire Company Inc | 94 Mckee St, Floral Park, NY 11001-1618 | NY | 2007-04 | $85,614 |
| 7 | Floral Park Conservation Society | 144 Ash Street, Floral Park, NY 11001 | NY | 2000-03 | $0 |
| 8 | Floral Park Indians Athletic Club Inc | PO BOX 20161, Floral Park, NY 11002-0161 | NY | 1965-06 | $198,503 |
| 9 | Floral Park Policemens Benevolentassociation Inc | PO BOX 20056, Floral Park, NY 11002-0056 | NY | 1980-12 | $229,831 |
| 10 | Floral Park Sports Association Inc | 18 Clayton Ave, Floral Park, NY 11001-3244 | NY | 1999-02 | $24,296 |
| 11 | Florence & Ben Barrack Foundation Inc | 295 Madison Ave Rm 1107, New York, NY 10017-6392 | NY | 1958-01 | $493,732 |
| 12 | Florence And Fred Thomases Foundation | 106 Garfield Pl, Brooklyn, NY 11215-2003 | NY | 1949-05 | $101,843 |
| 13 | Florence And Robert A Rosen Family Foundation | 33 South Service Road, Jericho, NY 11753-1036 | NY | 2005-07 | $637,098 |
| 14 | Florence Baker Martineau Foundation | 1155 Ave Of The Americas Ste 3702, New York, NY 10036-2711 | NY | 1996-02 | $30,741 |
| 15 | Florence Belsky Charitable Foundation | 2 Park Ave Fl 19, New York, NY 10016-9301 | NY | 2004-12 | $160,824 |
| 16 | Florence Brill Mandell Family Foundation Inc | 235 W 56th St Apt 40m, New York, NY 10019-4339 | NY | 2001-04 | $180,133 |
| 17 | Florence E Smith Community Center Inc | 10219 34th Ave Ste 013, Corona, NY 11368-1148 | NY | 1983-03 | $82,062 |
| 18 | Florence E Smith Fund | PO BOX 389, Walton, NY 13856-0389 | NY | 1972-03 | $2 |
| 19 | Florence G Heller - Jcc Association Research Center Inc | 520 8th Avenue, New York, NY 10018 | NY | 1966-05 | $0 |
| 20 | Florence Gould Foundation | 80 Pine St Ste 1701, New York, NY 10005-1702 | NY | 1961-02 | $1,228,147 |
Organization representatives - add corrected or new information about Florence & Ben Barrack Foundation Inc »
Non-representatives - add comments about Florence & Ben Barrack Foundation Inc»