Williams Family Foundation Inc in Rochester, 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
| Williams Family Foundation Inc | |
| Employer Identification Number (EIN) | 161549566 |
| Name of Organization | Williams Family Foundation Inc |
| In Care of Name | Fleet National Bank |
| Address | One East Ave 7th Fl, Rochester, NY 14638-0001 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,001,744 |
| Amount of Income | $216,932 |
| Form 990 Revenue Amount | $44,339 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
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 | $74,280 | $74,280 | $37,113 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $37,113 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $37,167 | |||
| Total expenses and disbursements | $61,164 | $2,915 | $0 | $58,249 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $9,164 | $2,915 | $6,249 | |
| Contributions, gifts, grants paid | $52,000 | |||
| Excess of revenue over expenses and disbursements | $13,116 | |||
| Net investment income | $71,365 | |||
| Adjusted net income | $37,113 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,001,744 | $1,001,744 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $588,833 | |
| Investments-corporate bonds | $261,132 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $128,891 | |
| Other | $22,888 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $1,001,744 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $37,167 |
| 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 | $1,427 |
| Total credits and payments | $1,655 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,655 |
| 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 | $228 |
| Amount to be credited to 2013 estimated tax | $228 |
| 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? | 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)? | 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 | $1,005,515 |
| Net value of noncharitable-use assets | $990,440 |
| Minimum investment return | $49,522 |
| Distributable Amount (for 2012) | |
| Distributable amount | $48,095 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $48,095 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Untapped Shores International Inc in Rochester, NY
 |
|
New Sudan Aid Inc in Rochester, NY
|
Church Of The Resurrection International Inc in Rochester, NY
 |
Finger Lakes Soaring Club Inc in Rochester, NY
 |
|
Masjid Tawfeeq Of Rochester in Rochester, NY
|
|
Rochester Kink Society Ltd in Rochester, NY
|
|
Gay Alliance Of The Genesee Valley Inc in Rochester, NY
|
|
Frederick Douglas Community Development Corp, Fdh Housing Development Corp in Rochester, NY
|
|
Frederick Douglas Community Development Corp, Daisy Housing Development Fund Corp in Rochester, NY
|
|
Monroe Community College Assn Inc in Rochester, NY
|
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | William Peterman Trust Ac605073 | One Court Sq 19th Fl, Long Island City, NY 11120-0001 | NY | 1982-09 | $546,203 |
| 2 | William R Mcneice Iii Foundation | 3210 Seneca Tpke, Canastota, NY 13032-5007 | NY | 1988-10 | $341,160 |
| 3 | William R Salomon Scholarship Fund, Patricia David | 388 Greenwich Street 18th Floor, New York, NY 10013-2375 | NY | 1979-07 | $39 |
| 4 | William S Hein & Company Foundation | 2350 N Forest Road, Getzville, NY 14068-1296 | NY | 2008-01 | $53,716 |
| 5 | William Sote Foundation, Manufacturers & Traders Tr Company | 1100 Wehrle Dr 2nd Fl, Buffalo, NY 14221-7748 | NY | 2011-01 | $3,986,130 |
| 6 | William V Wax Tr Uw Fbo Health Science Center At Brooklyn Fdn | 3 Sarnowski Dr, Glenville, NY 12302-3503 | NY | 2001-01 | $832,455 |
| 7 | William Wegman Foundation Inc | C/O Lh Frishkoff 529 5th Ave, New York, NY 10017 | NY | 1996-06 | $1 |
| 8 | William Woodward Jr Nursery School | 435 East 70th St 2nd Floor, New York, NY 10021-5342 | NY | 1986-08 | $1,137,891 |
| 9 | Williams Club | 15 W 43rd St, New York, NY 10036-7402 | NY | 1939-06 | $143,428 |
| 10 | Williams Fam Foundation Tr, Denicola-Friedman Joyce Ttee | 1344 Lexington Ave, New York, NY 10128-1507 | NY | 2003-02 | $195,003 |
| 11 | Williams Family Foundation Inc | One East Ave 7th Fl, Rochester, NY 14638-0001 | NY | 1998-06 | $216,932 |
| 12 | Williams Foundation | PO BOX 15014, Albany, NY 12212-5014 | NY | 1969-04 | $75,657 |
| 13 | Williamsbridge Naacp Day Care Center | 680 E 219th St, Bronx, NY 10467-5304 | NY | 1973-05 | $1,151,348 |
| 14 | Williamsburg And Infant And Early Child Dev Center | 22 Middleton St, Brooklyn, NY 11206-5415 | NY | 1994-09 | $5,755,316 |
| 15 | Williamsburg Art And Historical Center Inc | 135 Broadway, Brooklyn, NY 11211-6129 | NY | 1996-11 | $48,134 |
| 16 | Williamsburg Collegiate Charter School | 826 Broadway Fl 7, New York, NY 10003-4826 | NY | 2007-01 | $7,598,018 |
| 17 | Williamsburg Neighborhood Nursery School | 54 S 2nd St, Brooklyn, NY 11249-5121 | NY | 2000-04 | $862,359 |
| 18 | Williamson Driftriders Snowmobile Club Inc | Po Box 761, Williamson, NY 14589 | NY | 2010-02 | $0 |
| 19 | Williamson Fire Company No 1 | PO BOX 129, Williamson, NY 14589-0129 | NY | 2009-09 | $66,872 |
| 20 | Williamson Volunteer Ambulance Service Inc | PO BOX 99, Williamson, NY 14589-0099 | NY | 1971-09 | $312,286 |
Organization representatives - add corrected or new information about Williams Family Foundation Inc »
Non-representatives - add comments about Williams Family Foundation Inc»