Gear Motions Foundation in Syracuse, 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
| Gear Motions Foundation | |
| Employer Identification Number (EIN) | 042724256 |
| Name of Organization | Gear Motions Foundation |
| Address | 1750 Milton Ave, Syracuse, NY 13209-1686 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1981 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $76,916 |
| Amount of Income | $36,311 |
| Form 990 Revenue Amount | $-4,262 |
Non-representatives - add comments:
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 | $-8,801 | $1,396 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $1,396 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $33,737 | $12 | $0 | $33,725 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $62 | $12 | $50 | |
| Contributions, gifts, grants paid | $33,675 | |||
| Excess of revenue over expenses and disbursements | $-42,538 | |||
| Net investment income | $1,384 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $92,916 | $42,964 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $43,473 | |
| Investments-corporate bonds | $49,427 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $16 | |
| Total liabilities | $1,714 | |
| Mortgages and other notes payable | $0 | |
| Other | $1,714 | |
| Total liabilities and net assets/fund balances | $91,202 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-10,197 |
| 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 | $14 |
| Total credits and payments | $116 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $116 |
| 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 | $0 |
| Overpayment | $102 |
| Amount to be credited to 2013 estimated tax | $102 |
| 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 | $59,713 |
| Net value of noncharitable-use assets | $58,820 |
| Minimum investment return | $2,941 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,927 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,927 |
| 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 York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Gayatri Pariwar Of Long Island Inc | 24 Smith St, Deer Park, NY 11729-2711 | NY | 2007-12 | $109,413 |
| 2 | Gayfest Nyc Inc | 1 River Pl Apt 917, New York, NY 10036-4366 | NY | 2009-08 | $85,874 |
| 3 | Gayle Academy For Children Inc | 409 E 95th St, Brooklyn, NY 11212-2636 | NY | 1998-07 | $316,998 |
| 4 | Gb Charitable Foundation Ltd | 1428-36th Street, Brooklyn, NY 11218-3710 | NY | 1997-07 | $6,468 |
| 5 | Gbh Foundation | 140 Broadway, New York, NY 10005-1108 | NY | 1999-03 | $388,695 |
| 6 | Gbrg Inc | 477 Madison Ave Fl 10, New York, NY 10022-5841 | NY | 2000-02 | $1,413,955 |
| 7 | Gciu Local 261 Health & Welfare Fund | 16 Hillside Ave, Cheektowago, NY 14225-1628 | NY | 1977-02 | $681,561 |
| 8 | Gcyt Inc | PO BOX 555, Walworth, NY 14568 | NY | 2006-12 | $26,285 |
| 9 | Gd Foundation Inc | C/O Hecht 350 Fifth Ave, New York, NY 10118 | NY | 2002-02 | $1,615,457 |
| 10 | Gds Foundation | 24 Jackson Ave, Spring Valley, NY 10977-1908 | NY | 2001-06 | $56,250 |
| 11 | Gear Motions Foundation | 1750 Milton Ave, Syracuse, NY 13209-1686 | NY | 1981-05 | $36,311 |
| 12 | Gear-Up Inc, Gear Up Foundation | PO BOX 911, South Salem, NY 10590 | NY | 2011-09 | $135,965 |
| 13 | Gebbie Foundation Inc | 215 Cherry St, Jamestown, NY 14701-5203 | NY | 1965-11 | $30,576,482 |
| 14 | Gedale B & Barbara S Horowitz Foundation | C/O Cleary Gottlieb One Liberty, New York, NY 10006 | NY | 1971-05 | $444,344 |
| 15 | Gedalia & Rivka Stern Gemilath Chesed Foundation | 1407 48th St, Brooklyn, NY 11219-3244 | NY | 1999-06 | $734 |
| 16 | Geddes Police Benevolent Association Inc | PO BOX 336, Solvay, NY 13209-0336 | NY | 1987-04 | $11,161 |
| 17 | Geduld-Cougar Foundation Inc, Geduld-Cougar Foundation | 1370 Avenue Of The Americas, New York, NY 10019-4602 | NY | 2007-07 | $600,303 |
| 18 | Gee Gong Temple Inc | 34 Pell Street No 3/Fl, New York, NY 10013-5179 | NY | 1999-01 | $115,354 |
| 19 | Gee How Oak Tin Association Inc | 62-64 Bayard Street, New York, NY 10013-4938 | NY | 2000-06 | $34,536 |
| 20 | Geel Community Services Inc | 2516 Grand Avenue, Bronx, NY 10468-4234 | NY | 1981-10 | $6,184,864 |
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