The Cleary Family Foundation 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
| The Cleary Family Foundation | |
| Employer Identification Number (EIN) | 046060043 |
| Name of Organization | The Cleary Family Foundation |
| In Care of Name | Morea Financial Services |
| Address | 1500 Broadway Ste 2801, New York, NY 10036-4015 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1964 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $173,273 |
| Amount of Income | $137,608 |
| Form 990 Revenue Amount | $79,012 |
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 | $3,351 | $3,351 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $2,123 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1,228 | |||
| Total expenses and disbursements | $18,796 | $0 | $0 | $16,200 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,596 | $0 | $0 | |
| Contributions, gifts, grants paid | $16,200 | |||
| Excess of revenue over expenses and disbursements | $-15,445 | |||
| Net investment income | $3,351 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $186,495 | $199,165 |
| Cash - non-interest-bearing | $1,256 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $166,406 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $18,833 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $186,495 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $1,228 |
| 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 | $67 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $67 |
| 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 | $182,715 |
| Net value of noncharitable-use assets | $179,980 |
| Minimum investment return | $8,999 |
| Distributable Amount (for 2012) | |
| Distributable amount | $8,932 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $8,932 |
| 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 | Harlem Success Charter School | 310 Lenox Avenue No 2nd Fl, New York, NY 10027-4551 | NY | 2007-07 | $9,482,476 |
| 2 | Harlem Teams For Self Help Inc | 179 West 137th St-First Floor, New York, NY 10030-2501 | NY | 1964-06 | $171,684 |
| 3 | Harlem Tenants Council | 207 W 133rd St Ste 118, New York, NY 10030-3201 | NY | 2001-02 | $56,451 |
| 4 | Harlem Textile Works Ltd | PO BOX 1090, New York, NY 10030-0607 | NY | 1995-04 | $59,352 |
| 5 | Harlem United Community Aids Center Inc | 123 W 124th St, New York, NY 10027-4920 | NY | 1994-09 | $25,911,560 |
| 6 | Harlem Valley Heights Community Development Corporation | Manhattanville 1414, New York, NY 10027 | NY | 2000-03 | $0 |
| 7 | Harlem Valley Rail Trail Association Inc | PO BOX 356, Millerton, NY 12546-0356 | NY | 2004-04 | $121,650 |
| 8 | Harlem Week Inc | 200a W 136th St, New York, NY 10030-2602 | NY | 1981-04 | $806,661 |
| 9 | Harlemlive Inc | 135 W 123rd St Bsmt, New York, NY 10027-5537 | NY | 1999-11 | $203,599 |
| 10 | Harley Northrop Family Foundation, Northrop Harley Et Al Ttee | 1961 Tonawanda Creek Rd, Amherst, NY 14228-1251 | NY | 1999-10 | $4,689 |
| 11 | The Cleary Family Foundation | 1500 Broadway Ste 2801, New York, NY 10036-4015 | NY | 1964-06 | $137,608 |
| 12 | Harleycare Inc | 30 Harley Ave, E Northport, NY 11731-4950 | NY | 1996-12 | $497,207 |
| 13 | Harlow G Farmer Tr Uw Fbo North Ny Comm Fdn 24296740 | C/O Nbt Bank Na 52 South Broad, Norwich, NY 13815 | NY | 2008-11 | $4,829 |
| 14 | Harlyn Foundation Inc | 24 Central Park South, New York, NY 10019-1691 | NY | 1954-08 | $28,715 |
| 15 | Harm Reduction Coalition | 22 W 27th St Fl 5, New York, NY 10001-6905 | NY | 1994-11 | $3,272,411 |
| 16 | Harmon & Marie Dutton Memorial Trust | C/O Nbt Bank Na 52 S Broad St, Norwich, NY 13815 | NY | $134,919 | |
| 17 | Harmon And Eugene Leiman Foundation Inc | One Battery Park Plz 9th Flr, New York, NY 10004-1405 | NY | 2007-06 | $10,951 |
| 18 | Harmon Foundation | C/O Tanton Co Llp, New York, NY 10019 | NY | 1987-03 | $925,958 |
| 19 | Harmon Foundation | 77 Water St Ste 9th Fl, New York, NY 10005-4401 | NY | 1982-08 | $604 |
| 20 | Harmon Foundation Inc | 30 Jericho Executive Plz Ste 200w, Jericho, NY 11753-1028 | NY | 1939-06 | $589,383 |
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