Low 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
| Low Foundation Inc | |
| Employer Identification Number (EIN) | 136062712 |
| Name of Organization | Low Foundation Inc |
| Address | 60 Broad St, New York, NY 10004-2306 |
| Activities | Scientific research (diseases), Contact or sponsored scientific research for industry, Other school related activities |
| Subsection | Charitable Organization |
| Ruling Date | 12/1953 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 08/2012 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $94,813 |
| Amount of Income | $85,093 |
| Form 990 Revenue Amount | $23,130 |
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 | $26,985 | $11,283 | $0 | |
| Contributions, gifts, grants, etc., received | $15,702 | |||
| Interest on savings and temporary cash investments | $2 | |||
| Dividends and interest from securities | $1,231 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $10,050 | |||
| Total expenses and disbursements | $53,215 | $4,638 | $0 | $48,577 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $8,083 | $4,638 | $3,445 | |
| Contributions, gifts, grants paid | $45,132 | |||
| Excess of revenue over expenses and disbursements | $-26,230 | |||
| Net investment income | $6,645 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $94,813 | $100,631 |
| Cash - non-interest-bearing | $19,717 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $52,096 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $23,000 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $94,813 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $10,050 |
| 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 | $66 |
| Total credits and payments | $300 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $300 |
| 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 | $234 |
| Amount to be credited to 2013 estimated tax | $234 |
| 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 | $104,668 |
| Net value of noncharitable-use assets | $103,100 |
| Minimum investment return | $5,155 |
| Distributable Amount (for 2012) | |
| Distributable amount | $5,089 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $5,089 |
| 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 | Marine Industry Claims Association Inc, Marine And Insurance Claims Associa | 45 Broadway Ste 1500, New York, NY 10006-3007 | NY | 1994-05 | $134,031 |
| 2 | Marshall Family Charitable Foundation, Marshall Barbara & George Co Ttee | 21 Kennedy Ave, Rockville Ctr, NY 11570-3211 | NY | 2003-05 | $111,299 |
| 3 | Martin Luther King Jr Center For Non-Violence Change Tr Ua 111098 | 1 New York Plz Fl 7, New York, NY 10004-1913 | NY | 2003-08 | $471,398 |
| 4 | Mattis Family Foundation | 17 Prospect Park W, Brooklyn, NY 11215-1705 | NY | 2005-12 | $2,310,618 |
| 5 | Mcclure Charitable Foundation Of 2007 | 1 New York Plaza 7th Fl, New York, NY 10004-1901 | NY | 2008-12 | $259,343 |
| 6 | Melinda & William J Vanden Heuvel Foundation Inc | 711 Fifth Ave Ste 900, New York, NY 10022-3111 | NY | 1998-07 | $476,534 |
| 7 | Lovell Family Ltd | 110 William Street 12th Floor, New York, NY 10038-3901 | NY | 1963-10 | $2,219,833 |
| 8 | Lovenheim Foundation Inc | 1000 First Federal Plz, Rochester, NY 14614-1916 | NY | 1960-12 | $701 |
| 9 | Loving Education At Home, Western Wayne County Leah Wwcl | 2000 Van Auken Road, Newark, NY 14513 | NY | 2002-12 | $193,842 |
| 10 | Lovinger Family Foundation | One West 72nd St, New York, NY 10023-3486 | NY | 1993-07 | $10,703 |
| 11 | Low Foundation Inc | 60 Broad St, New York, NY 10004-2306 | NY | 1953-12 | $85,093 |
| 12 | Low Wood Fund Inc | 61 Associates 347 5th Ave Ste 1602, New York, NY 10016 | NY | 1985-06 | $130,582 |
| 13 | Lowell And Fern Kwiat Family Foundation Inc | 12 Howard Dr, Muttontown, NY 11791-7003 | NY | 1998-07 | $10,000 |
| 14 | Lowell School | 20305 32nd Ave, Bayside, NY 11361-1021 | NY | 1995-03 | $9,391,404 |
| 15 | Lake Road Foundation | 1740 Broadway Ste 3rd Fl, New York, NY 10019-4315 | NY | 1994-03 | $3,041,437 |
| 16 | Lowenthal Family Foundation Inc | 1123 Broadway Ste 907, New York, NY 10010-2007 | NY | 1993-09 | $34,022 |
| 17 | Lower Adirondack Regional Arts Council Inc, Larac | 7 Lapham Pl, Glens Falls, NY 12801-3605 | NY | 1972-06 | $296,531 |
| 18 | Lower East Side Coalition Housing Development Inc | 308 East 8th Street, New York, NY 10009-5902 | NY | 1979-04 | $436,807 |
| 19 | Lower East Side Conservancy Inc | 200 E Broadway 3 A, New York, NY 10002 | NY | 2000-07 | $137,938 |
| 20 | Lower East Side District Management Corporation Inc | 54 Orchard Street, New York, NY 10002-5482 | NY | 1994-12 | $992,870 |
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