Sontag Family Foundation in Port Washington, 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
- Organizations performing similar types of work
| Sontag Family Foundation | |
| Employer Identification Number (EIN) | 113580136 |
| Name of Organization | Sontag Family Foundation |
| In Care of Name | Samuel Sontag |
| Address | 21 Harbor Drive N, Port Washington, NY 11050 |
| Subsection | Charitable Organization, Religious Organization |
| Ruling Date | 11/2003 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 11/2011 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $32,531 |
| Amount of Income | $119,502 |
| Form 990 Revenue Amount | $109,499 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Operating Foundations |
Non-representatives - add comments:
Amount of income in 2011: $119,502 (it was $109,499 in 2010)
| Sontag Family Foundation: | $119,502 |
| Other organizations performing similar types of work: | $45,945 |
Assets in 2011: $32,531 (it was $-1,531 in 2010)
| This organization: | $32,531 |
| Other organizations performing similar types of work: | $120,180 |
Expenses in 2011: $85,541
| Sontag Family Foundation: | $85,541 |
| Other organizations performing similar types of work: | $39,714 |
Income to expenses ratio in 2011: 1.4
| Sontag Family Foundation: | 1.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2011: 99.6%
| This organization: | 99.6% |
| Other organizations performing similar types of work: | 2.2% |
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $119,502 | $453 | $453 | |
| Contributions, gifts, grants, etc., received | $119,049 | |||
| Interest on savings and temporary cash investments | $453 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $85,541 | $0 | $0 | $82,533 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $24,648 | $0 | $21,640 | |
| Contributions, gifts, grants paid | $60,893 | |||
| Excess of revenue over expenses and disbursements | $33,961 | |||
| Net investment income | $453 | |||
| Adjusted net income | $453 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $32,531 | $0 |
| Cash - non-interest-bearing | $1,293 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $31,238 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $32,531 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $9 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $9 |
| Overpayment | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $4 | $4 |
| Qualifying distributions made directly for active conduct of exempt activities | $82,533 | $124,548 | $197,453 | $45,215 | $449,749 |
| 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 | $483 | $483 |
| 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
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Willem De Kooning Foundation | 790 Madison Avenue, New York, NY 10065-6124 | NY | 2001-05 | $73,681,377 |
| 2 | Sapling Foundation | 250 Hudson St Rm 1002, New York, NY 10013-1434 | NY | 2014-08 | $55,063,271 |
| 3 | Pussycat Foundation | 300 W 57 St Eve Burtonhearst Corp, New York, NY 10019 | NY | 2010-12 | $30,019,075 |
| 4 | Tiger Baron Foundation Inc | 233 Broadway Rm 2200, New York, NY 10279-2202 | NY | 2003-03 | $16,505,804 |
| 5 | Shelley & Donald Rubin Cultural Tr Ua 05111999 | 150 West 17th Street, New York, NY 10011 | NY | 1999-08 | $16,495,047 |
| 6 | Case Commons Inc | 71 W 23rd St Fl 2, New York, NY 10010-3520 | NY | 2010-12 | $11,758,898 |
| 7 | Mys Family Us Charitable Foundation Inc | 499 Park Aave 11th Fl, New York, NY 10022 | NY | 2011-05 | $4,000,000 |
| 8 | Truma Foundation | PO BOX 190190, Brooklyn, NY 11219-0190 | NY | 2000-04 | $3,935,237 |
| 9 | Sitchin Foundation Inc | 31 Bloomingdale Dr, Scarsdale, NY 10583-6631 | NY | 2007-11 | $3,672,428 |
| 10 | Guston Foundation | 250 W 82nd St Apt 42, New York, NY 10024-5423 | NY | 2013-05 | $3,181,217 |
| 11 | Wsb Family Foundation | 217 A Boght Rd, Watervliet, NY 12189-1308 | NY | 2014-06 | $3,068,482 |
| 12 | Tippet Rise Foundation | 665 Fifth Ave, New York, NY 10022-5305 | NY | 2012-05 | $1,578,831 |
| 13 | Second Ward Foundation | 599 Rt 7, Ancram, NY 12502-5258 | NY | 2013-07 | $1,071,725 |
| 14 | Ilya And Emilia Kabakov Foundation, Emilia Kabakov & Viola Kanevsky Tte | 1700 Park Ave, Mattituck, NY 11952-2277 | NY | 2012-09 | $803,948 |
| 15 | Vergel Foundation, John B Koegel | 161 Avenue Of The Americas, New York, NY 10013-1205 | NY | 1999-05 | $762,008 |
| 16 | Foundation Associates Llc, Gerald Fischbach Mbr | 505 Park Ave Fl 8, New York, NY 10022-1106 | NY | 2014-08 | $750,000 |
| 17 | Walther Family Foundation | 77 Water St Fl 9, New York, NY 10005-4414 | NY | 2010-01 | $737,131 |
| 18 | Soros Economic Development Fund | 224 W 57th St 9th Fl, New York, NY 10019-3212 | NY | 1994-11 | $602,255 |
| 19 | The@deegan Foundation | PO BOX 110484, Brooklyn, NY 11211-0484 | NY | 2003-12 | $513,600 |
| 20 | Tufenkian Foundation Inc | 919 Third Avenue Street Level, New York, NY 10022 | NY | 1999-06 | $414,542 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,344 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Sontag Family Foundation »
Non-representatives - add comments about Sontag Family Foundation»