Miriam And Ira D Wallach Foundation in Purchase, 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
| Miriam And Ira D Wallach Foundation | |
| Employer Identification Number (EIN) | 136101702 |
| Name of Organization | Miriam And Ira D Wallach Foundation |
| Address | 3 Manhattanville Rd, Purchase, NY 10577-2116 |
| Activities | Other school related activities, Gifts, grants, or loans to other organizations, Historical site, records or reenactment |
| Subsection | Charitable Organization |
| Ruling Date | 05/1958 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 10/2012 |
| Assets | $50,000,000 to greater |
| Income | $10,000,000 to $49,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $134,799,874 |
| Amount of Income | $44,241,986 |
| Form 990 Revenue Amount | $21,935,772 |
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 | $5,792,722 | $5,792,722 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $1,118 | |||
| Dividends and interest from securities | $2,589,572 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $3,202,032 | |||
| Total expenses and disbursements | $8,671,081 | $1,099,879 | $0 | $7,382,958 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,546,620 | $1,099,879 | $258,497 | |
| Contributions, gifts, grants paid | $7,124,461 | |||
| Excess of revenue over expenses and disbursements | $-2,878,359 | |||
| Net investment income | $4,692,843 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $134,799,874 | $154,694,027 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $133,796,064 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $1,003,810 | |
| Total liabilities | $23,628 | |
| Mortgages and other notes payable | $0 | |
| Other | $23,628 | |
| Total liabilities and net assets/fund balances | $134,776,246 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $3,202,032 |
| 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 | $46,928 |
| Total credits and payments | $115,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $115,000 |
| 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 | $68,072 |
| Amount to be credited to 2013 estimated tax | $68,072 |
| 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 | $154,966,613 |
| Net value of noncharitable-use assets | $152,642,120 |
| Minimum investment return | $7,632,106 |
| Distributable Amount (for 2012) | |
| Distributable amount | $7,585,178 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $7,585,178 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $7,325,832 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
|
Untapped Shores International Inc in Rochester, NY
|
| Stein Senior Center Inc in New York, NY |
Romulus Club Inc in Buffalo, NY
 |
| Clarendon Historical Society in Clarendon, NY |
| Grace Fellowship Ministries Inc in Brooklyn, NY |
| The Bridge Inc in New York, NY |
|
Gateway Youth Outreach Inc in Elmont, NY
|
|
Lucis Trust And Arcane School in New York, NY
|
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Miracle Makers Of Bed-Stuy Housing Development Fund Company Inc, Hhap | 109 Ralph Ave, Brooklyn, NY 11221-4011 | NY | 1993-02 | $286,390 |
| 2 | Mirage Theatre Company Inc | 160 E 3rd Street 3a, New York, NY 10009 | NY | 1993-12 | $0 |
| 3 | Miramar Funding Company | PO BOX 5005, New York, NY 10163 | NY | 2010-02 | $0 |
| 4 | Miramar Ski Club Inc | 330 3rd Ave Apt 8h, New York, NY 10010-3713 | NY | 1963-04 | $315,702 |
| 5 | Miramar Yacht Club Inc | 3050 Emmons Ave, Brooklyn, NY 11235-2242 | NY | 1986-02 | $228,373 |
| 6 | Mirashayama Music Inc | 209 East Fifth Street Ste 3-4 Rear, New York, NY 10003-8521 | NY | 1992-12 | $2,845 |
| 7 | Mirembe Project | 20 Plaza St E Apt C11, Brooklyn, NY 11238-4930 | NY | 2000-03 | $598,906 |
| 8 | Miriam & Esther Foundation | 1550 59th St, Brooklyn, NY 11219-5028 | NY | 2008-09 | $46,657 |
| 9 | Miriam & Harold Steinberg Foundation Inc | 12 E 49th St Rm 1202, New York, NY 10017-8282 | NY | 1961-09 | $858,608 |
| 10 | Miriam And Arthur Diamond Charitable Trust, Adelman Jack & Mcdowell Jay H Ttees | One World Financial Center, New York, NY 10281-1003 | NY | 1996-12 | $715,811 |
| 11 | Miriam And Ira D Wallach Foundation | 3 Manhattanville Rd, Purchase, NY 10577-2116 | NY | 1958-05 | $44,241,986 |
| 12 | Miriam And Max Weinstein Foundation | C/O Spielman Koenigsberg 1745 Broad, New York, NY 10019 | NY | 2006-02 | $2 |
| 13 | Miriam E Cullinan Scholarship Co Uw Fund | C/O Nbt Bank Na52 South Broad Str, Norwich, NY 13815 | NY | 1999-09 | $159,073 |
| 14 | Miriam Osborn Memorial Home Association | 101 Theall Rd, Rye, NY 10580-1406 | NY | 1934-12 | $48,202,010 |
| 15 | Miriams Wells Organization Inc | 13 Simmons Street, Saugerties, NY 12477 | NY | 2004-08 | $0 |
| 16 | Mirimac Fund Inc | 2 Annes Wood Ln, Mount Kisco, NY 10549-4010 | NY | 1959-11 | $152,476 |
| 17 | Mirken Foundation | C/O Wilfred Wyler Co-14 Penn Plz, New York, NY 10122 | NY | 1990-04 | $13,677,981 |
| 18 | Mirror Theatre Ltd | PO BOX 478, New York, NY 10021-0033 | NY | 1983-01 | $157,773 |
| 19 | Misaskim Corp | 5805 16th Ave, Brooklyn, NY 11204-2112 | NY | 2008-09 | $1,847,787 |
| 20 | Mishinnah Productions | 71 Fernbank Ave, Delmar, NY 12054 | NY | 2009-06 | $35,877 |
Organization representatives - add corrected or new information about Miriam And Ira D Wallach Foundation »
Non-representatives - add comments about Miriam And Ira D Wallach Foundation»