Grace C Stebbins 1977 Trust Nect in Providence, Rhode Island (RI)
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 Rhode Island
Grace C Stebbins 1977 Trust Nect | |
Employer Identification Number (EIN) | 046033804 |
Name of Organization | Grace C Stebbins 1977 Trust Nect |
In Care of Name | Fleet Bank Tax Dept |
Address | PO BOX 1802, Providence, RI 02901-1802 |
Activities | 4947(a)(2) trust |
Subsection | 4947(a)(1) - Private Foundation (Form 990PF Filer) |
Ruling Date | 06/1978 |
Deductibility | Contributions are not deductible |
Foundation | All organizations except 501(c)(3) |
Exempt Organization Status | Trust described in section 4947(a)(2) of the IR Code |
Tax Period | 12/2013 |
Assets | $1,000,000 to $4,999,999 |
Income | $500,000 to $999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $2,236,156 |
Amount of Income | $769,179 |
Form 990 Revenue Amount | $361,133 |
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 | $96,139 | $95,253 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $52,497 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $34 | |||
Other | $43,608 | |||
Total expenses and disbursements | $139,237 | $15,389 | $0 | $119,881 |
Compensation of officers, directors, trustees, etc. | $23,982 | |||
Total operating and administrative expenses | $29,919 | $15,389 | $10,563 | |
Contributions, gifts, grants paid | $109,318 | |||
Excess of revenue over expenses and disbursements | $-43,098 | |||
Net investment income | $79,864 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $2,346,487 | $2,389,658 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $1,995,825 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $192,106 | |
Other | $158,556 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $2,346,487 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $43,608 |
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 | $799 |
Total credits and payments | $1,615 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,615 |
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 | $816 |
Amount to be credited to 2013 estimated tax | $800 |
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 | $2,363,755 |
Net value of noncharitable-use assets | $2,328,300 |
Minimum investment return | $116,415 |
Distributable Amount (for 2012) | |
Distributable amount | $115,616 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $115,616 |
Undistributed income for 2012. This amount must be distributed in 2013 | $97,680 |
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 |
Amvets, Amvets Dept Of Rhode Island in Providence, RI |
Help For The Children Inc in Providence, RI
|
Glenwood Cemetery Co Inc in East Greenwich, RI
|
Pari Independent Living Center Inc in Pawtucket, RI |
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
|
Decatur Youth Enrichment Association in Decatur, AL
|
Blue Water Pregnancy Care Center in Port Huron, MI
|
Abundant Grace Praise & Worship Church in Houston, TX
|
Milwaukee Sharon Junior Academy, Lake Region Conference Of Seventh-D in Milwaukee, WI
|
Vietnam Veterans Of America Inc in Columbia, SC |
Other organizations in Rhode Island | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Gloria Dei Step Up Center | 15 Hayes St, Providence, RI 02908-5007 | RI | 2008-02 | $43,961 |
2 | Gloria Gemma Breast Cancer Resource Foundation | 1 Wellington Rd, Lincoln, RI 02865-4411 | RI | 2005-01 | $1,430,757 |
3 | Godfrey F Klein Trust, Fleet Bank Nh | PO BOX 1802, Providence, RI 02901-1802 | RI | 1993-03 | $712,098 |
4 | Goff Gathering Association Inc | 125 Mount Vernon Blvd, Pawtucket, RI 02861-3829 | RI | 1954-03 | $8,710 |
5 | Golf Course Managers Association Of Cape Cod | 36 Elisha Mathewson Rd, N Scituate, RI 02857-1143 | RI | 1988-11 | $117,291 |
6 | Button Hole | 1 Buttonhole Dr, Providence, RI 02909-5750 | RI | 1998-08 | $673,135 |
7 | Goodwill Industries Of Rhode Island, Goodwill Industries Of Ri | 100 Houghton St, Providence, RI 02904-1013 | RI | 1943-09 | $2,795,476 |
8 | Gordon School | 45 Maxfield Ave, E Providence, RI 02914-4226 | RI | 1944-12 | $13,583,256 |
9 | Grace B Ross Tr Uw | PO BOX 1802, Providence, RI 02901-1802 | RI | $85,594 | |
10 | Grace C Jordan Trust U/I | PO BOX 1802, Providence, RI 02901-1802 | RI | 1979-09 | $3,112,477 |
11 | Grace C Stebbins 1977 Trust Nect | PO BOX 1802, Providence, RI 02901-1802 | RI | 1978-06 | $769,179 |
12 | Grace C Stebbins Charitable Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 1977-11 | $2,752,175 |
13 | Grace Church Housing Corporation | 280 Washington Street, Providence, RI 02903-3625 | RI | 1978-03 | $8,498,615 |
14 | Grace E Atkins B/O Charities | PO BOX 1802, Providence, RI 02901-1802 | RI | 1972-07 | $576,346 |
15 | Grace E Brooks Trust 1-0706, Bankboston Na | PO BOX 1802, Providence, RI 02901-1802 | RI | 2000-03 | $407,998 |
16 | Grace H Humphrey Residuary Trust | PO BOX 1802, Providence, RI 02901-1802 | RI | 1972-04 | $342,571 |
17 | Grace Hewett Charitable Tr 0002803610-323 | PO BOX 1802, Providence, RI 02901-1802 | RI | 2001-12 | $176,772 |
18 | Grace Holcomb Humphrey Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1972-04 | $74,144 |
19 | Grace L Carver Scholarship Fund Nect | PO BOX 1802, Providence, RI 02901-1802 | RI | 1976-10 | $13,835 |
20 | Grace M Edwards Trust U/W 2-1246 Nect | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $969,867 |
Organization representatives - add corrected or new information about Grace C Stebbins 1977 Trust Nect »
Non-representatives - add comments about Grace C Stebbins 1977 Trust Nect»