Leir 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
| Leir Foundation Inc | |
| Employer Identification Number (EIN) | 061466481 |
| Name of Organization | Leir Foundation Inc |
| In Care of Name | Arthur Hoffman |
| Address | 570 Lexington Avenue, New York, NY 10022-6837 |
| Activities | Care and housing of children (orphanage, etc) |
| Subsection | Charitable Organization |
| Ruling Date | 03/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $47,806,250 |
| Amount of Income | $3,216,917 |
| Form 990 Revenue Amount | $5,490,998 |
| User's rating |  |
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 | $1,718,419 | $1,718,481 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $521 | |||
| Dividends and interest from securities | $904,984 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $812,914 | |||
| Total expenses and disbursements | $5,131,650 | $865,287 | $0 | $2,768,318 |
| Compensation of officers, directors, trustees, etc. | $202,008 | |||
| Total operating and administrative expenses | $1,355,100 | $865,287 | $441,768 | |
| Contributions, gifts, grants paid | $3,776,550 | |||
| Excess of revenue over expenses and disbursements | $-3,413,231 | |||
| Net investment income | $853,194 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $48,075,248 | $53,195,071 |
| Cash - non-interest-bearing | $68,918 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,429,194 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $34,107,118 | |
| Other | $12,470,018 | |
| Total liabilities | $151,332 | |
| Mortgages and other notes payable | $0 | |
| Other | $151,332 | |
| Total liabilities and net assets/fund balances | $47,923,916 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $812,914 |
| 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 | $17,064 |
| Total credits and payments | $76,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $61,000 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $15,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $58,936 |
| Amount to be credited to 2013 estimated tax | $58,936 |
| 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? | Yes |
| 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? | Yes |
| 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)? | Yes |
| 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 | $51,698,511 |
| Net value of noncharitable-use assets | $50,923,040 |
| Minimum investment return | $2,546,152 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 | $1 | $0 | $0 | $0 | $1 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| 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 |
Ratings Summary
Based on 1 vote
| Overall Rating: |  | 5.0 |
| Ratings in categories: | ||
| Program: |  | 5.0 |
| Fundraising: | | 5.0 |
| Expenses: | | 5.0 |
| Transparency: | | 5.0 |
1 User Review:
Ruth Love
Added on Apr 22, 2019 2:46 PM
They were there when I needed help most, to pay for aftercare from a major surgery.
Would you recommend Leir Foundation Inc to others? Yes
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Lehigh Valley Jazz Repertory Orchestra Inc | 400 West 43rd Street, New York, NY 10036 | NY | 1998-01 | $0 |
| 2 | Lehigh Valley Railroad Historical Society | Po Box 200, Manchester, NY 14504-0200 | NY | 1997-07 | $0 |
| 3 | Lehman College Art Gallery Inc | 250 Bedford Park Blvd W, Bronx, NY 10468-1589 | NY | 1987-05 | $370,821 |
| 4 | Lehman College Auxiliary Enterprises Corp | 250 Bedford Park Blvd W, Bronx, NY 10468-1527 | NY | 1985-10 | $1,691,759 |
| 5 | Lehman College Center For The Performing Arts Inc | 250 Bedford Park Blvd W, Bronx, NY 10468-1589 | NY | 1981-01 | $2,651,749 |
| 6 | Lehrerdance Inc | 59 Shoshone St, Buffalo, NY 14214-1031 | NY | 2009-03 | $206,072 |
| 7 | Leibner Cooper Family Foundation | 340 West 57th Street, New York, NY 10019-3706 | NY | 2009-06 | $26 |
| 8 | Leibowitz-Greenway Fam Charitable Foundation | 234 Clinton St, Brooklyn, NY 11201-6208 | NY | 2001-03 | $5,538,890 |
| 9 | Leicester Kids Place Inc | 3003 Church St, Leicester, NY 14481-9747 | NY | 1984-02 | $205,734 |
| 10 | Leiden University Fund Usa Inc | 1251 Ave Of The Americas Ste 42flr, New York, NY 10020-1104 | NY | 1997-12 | $12,495 |
| 11 | Leir Foundation Inc | 570 Lexington Avenue, New York, NY 10022-6837 | NY | 1997-03 | $3,216,917 |
| 12 | Leir Retreat Center Inc | 570 Lexington Avenue, New York, NY 10022-6837 | NY | 2007-10 | $1,500,029 |
| 13 | Leisura Iii Funding Company | PO BOX 5005, New York, NY 10163-5005 | NY | 2007-03 | $845,243 |
| 14 | Leiter Family Charitable Foundation | 998 E 21 St First Floor, Brooklyn, NY 11210-2834 | NY | 2004-08 | $0 |
| 15 | Leizer Kohn & Ruth Kerman Foundation | 1401 Ocean Ave, Brooklyn, NY 11230-3971 | NY | 2002-03 | $412,327 |
| 16 | Lekovod Shabbos | 323 Avenue F, Brooklyn, NY 11218-5713 | NY | 1998-05 | $123,086 |
| 17 | Leland Deane Foundation | 1 Dag Hammarskjold Plz Fl 42, New York, NY 10017-2286 | NY | 1999-10 | $1 |
| 18 | Lemberg Home & Geriatric Institute | 1117 85th St, Brooklyn, NY 11228-3318 | NY | 1939-01 | $0 |
| 19 | Leo And Trude Lemle Family Foundation, Lemle Leo K & Gertrude B Ttees | C/O Robert S Lemle Trustee, New York, NY 10028 | NY | 1995-01 | $2,432,035 |
| 20 | Lemnos Hospital Trust Ua 8-26-46 | One Court Square 19th Fl, Long Island City, NY 11120-0001 | NY | 1982-09 | $17,099 |
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