Lemberg 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in New York
| Lemberg Foundation Inc | |
| Employer Identification Number (EIN) | 136082064 |
| Name of Organization | Lemberg Foundation Inc |
| Address | 430 Park Ave Ste 505, New York, NY 10022-3540 |
| Activities | Gifts, grants, or loans to other organizations, Other school related activities, Other religious activities |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 02/1949 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| 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 | $13,111,152 |
| Amount of Income | $3,538,464 |
| Form 990 Revenue Amount | $2,835,602 |
Non-representatives - add comments:
Revenue for 2012
Expenses 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 | $5,454,860 | $4,427,069 | $0 | |
| Contributions, gifts, grants, etc., received | $403,825 | |||
| Interest on savings and temporary cash investments | $39,982 | |||
| Dividends and interest from securities | $649,080 | |||
| Gross rents | $431,000 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $434,527 | |||
| Other | $3,496,446 | |||
| Total expenses and disbursements | $2,395,454 | $181,405 | $0 | $1,972,549 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $422,905 | $181,405 | $0 | |
| Contributions, gifts, grants paid | $1,972,549 | |||
| Excess of revenue over expenses and disbursements | $3,059,406 | |||
| Net investment income | $4,245,664 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $15,225,311 | $39,671,866 |
| Cash - non-interest-bearing | $79,986 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $590,117 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $14,555,208 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $15,225,311 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $3,496,446 |
| 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 | $84,913 |
| Total credits and payments | $96,023 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $46,023 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $50,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $11,110 |
| Amount to be credited to 2013 estimated tax | $11,110 |
| 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 | $39,908,706 |
| Net value of noncharitable-use assets | $39,310,080 |
| Minimum investment return | $1,965,504 |
| Distributable Amount (for 2012) | |
| Distributable amount | $1,765,976 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $1,765,976 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $517,515 | $0 | $517,515 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $517,515 | $14 | $517,515 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $83,152 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $35,000 |
| Charitable contributions | $48,152 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $433,363 |
| Unrelated business taxable income before net operating loss deduction | $434,363 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $434,363 |
| Specific deduction | $1,000 |
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | L I Child And Family Development Services Inc | 98 Austin St, Patchogue, NY 11772-2615 | NY | 1988-08 | $17,634,818 |
| 2 | La Leche League International Inc | 50 Brightonwood Road, Glenmont, NY 12077 | NY | 1979-02 | $1,323,839 |
| 3 | Ladies Union Benevolent Society | 701 Mcgraw House, Ithaca, NY 14850-5468 | NY | 1941-09 | $587,652 |
| 4 | Lake Shore Behavioral Health Inc | 255 Delaware Ave Ste 3, Buffalo, NY 14202-2017 | NY | 1973-08 | $16,925,382 |
| 5 | Lakeview Health Services Inc | 600 W Washington St, Geneva, NY 14456-2120 | NY | 1979-02 | $10,063,625 |
| 6 | Lasalle Adams Fund | 1177 Ave Of The Americas, New York, NY 10036-2714 | NY | 1999-11 | $3,330,029 |
| 7 | Lassalle Fund Inc | 147 E 48th St, New York, NY 10017-1223 | NY | 1967-01 | $433,606 |
| 8 | Lawrence Flinn Jr Tr Ua 122394, Flinn Lawrence Jr Et Al Ttees | 555 Theodore Fremd Ave C-207, Rye, NY 10580-1437 | NY | 1995-09 | $1,833,030 |
| 9 | Leadership Enterprise For A Diverse America - Leda, Leda | 501 Seventh Avenue 7th Floor, New York, NY 10018-5970 | NY | 2004-03 | $944,912 |
| 10 | Lee And Cynthia Vance Foundation | 77 Water St Fl 9, New York, NY 10005-4414 | NY | 1995-02 | $2,390,079 |
| 11 | Lemberg Foundation Inc | 430 Park Ave Ste 505, New York, NY 10022-3540 | NY | 1949-02 | $3,538,464 |
| 12 | Leo A Guthart Tua, Guthart Leo A & Laura Ttee Et Al | 3 Expressway Plaza, Roslyn Heights, NY 11577-2088 | NY | 2000-07 | $109,473 |
| 13 | Leo Model Foundation Inc | 500 E 63rd St, New York, NY 10065-7946 | NY | 1970-12 | $5,367,777 |
| 14 | Leon Levy Foundation, White Shelby Et Al Ttee | 1 Rockefeller Plz Fl 20, New York, NY 10020-2017 | NY | 2004-10 | $65,036,540 |
| 15 | Lerner Family Foundation | 10 Melville Park Rd, Melville, NY 11747-3146 | NY | 2000-03 | $2,481,953 |
| 16 | Levy Hermanos Foundation Inc | 1075 Park Ave, New York, NY 10128-1003 | NY | 1954-01 | $83,408 |
| 17 | Lewyt Foundation Inc | Lewyt St, Port Washington, NY 11050 | NY | 1944-06 | $4,360 |
| 18 | Linroc Community Service Corporation | 10101 Avenue D, Brooklyn, NY 11236-1902 | NY | 1987-07 | $84,903,338 |
| 19 | Lisa And Michael Leffell Foundation | C/O Michael Leffell, Scarsdale, NY 10583 | NY | 2000-01 | $5,288,948 |
| 20 | Little Rock Baptist Church Inc | 467 Central Ave, Brooklyn, NY 11221-5205 | NY | 1990-03 | $90,446 |
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