Katharine Matthies Foundation 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
Katharine Matthies Foundation | |
Employer Identification Number (EIN) | 066261860 |
Name of Organization | Katharine Matthies Foundation |
In Care of Name | Fleet Natl Bank Of Ct As Ttee |
Address | PO BOX 1802, Providence, RI 02901-1802 |
Activities | Museum, zoo, planetarium, etc. |
Subsection | Charitable Organization |
Ruling Date | 04/1984 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $10,000,000 to $49,999,999 |
Income | $5,000,000 to $9,999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $18,075,259 |
Amount of Income | $7,710,674 |
Form 990 Revenue Amount | $1,127,570 |
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 | $3,042,060 | $3,042,357 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $598,063 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $-711 | |||
Other | $2,444,708 | |||
Total expenses and disbursements | $698,843 | $61,356 | $0 | $568,308 |
Compensation of officers, directors, trustees, etc. | $86,690 | |||
Total operating and administrative expenses | $186,323 | $61,356 | $55,788 | |
Contributions, gifts, grants paid | $512,520 | |||
Excess of revenue over expenses and disbursements | $2,343,217 | |||
Net investment income | $2,981,001 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $18,157,072 | $18,290,653 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $16,338,316 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $1,081,243 | |
Other | $737,513 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $18,157,072 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $2,444,708 |
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 | $59,620 |
Total credits and payments | $74,525 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $60,877 |
Exempt foreign organizations-tax withheld at source | $0 |
Tax paid with application for extension of time to file (Form 8868) | $13,648 |
Backup withholding erroneously withheld | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $14,905 |
Amount to be credited to 2013 estimated tax | $14,905 |
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 | $17,875,003 |
Net value of noncharitable-use assets | $17,606,880 |
Minimum investment return | $880,344 |
Distributable Amount (for 2012) | |
Distributable amount | $820,724 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $820,724 |
Undistributed income for 2012. This amount must be distributed in 2013 | $470,052 |
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 | International Society For Thescholarship Of Teaching And Learnin, Vitebo University | 96 Waterman St Box 1912, Providence, RI 02906-1135 | RI | 2007-03 | $4,229 |
2 | Katherine And Louis Bries Medical Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 1969-03 | $183,564 |
3 | Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659 | 1 Financial Plaza 7th Fl, Providence, RI 02903-2448 | RI | 1973-07 | $18,983,353 |
4 | Lange Burk Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1997-02 | $2,816,892 |
5 | Kaley Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 2004-05 | $2,721,781 |
6 | Kane Family Memorial Trust, State Street Bk & Tr Co Of Nh | PO BOX 1802, Providence, RI 02901-1802 | RI | 1994-09 | $28,962 |
7 | Kane-Barrengos Foundation | 144 Westminster St Ste 5, Providence, RI 02903-2216 | RI | 1970-02 | $183,050 |
8 | Karf & Ida Schmidt Brown Memorial Fund Tr | PO BOX 1802, Providence, RI 02901-1802 | RI | 1977-01 | $1,071,541 |
9 | Karl O & Helen W Knaths Tr 5730055070 | PO BOX 1802, Providence, RI 02901-1802 | RI | 2001-11 | $782,759 |
10 | Katharine C Pierce T-3379 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1977-08 | $173,628 |
11 | Katharine Matthies Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 1984-04 | $7,710,674 |
12 | Katherine A Burton Trust Dtd 070287 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1997-10 | $601,553 |
13 | Katherine Conroy Trust Fbo Cong Church 32-401898420, Lilly Rosalie B Ttee | PO BOX 1802, Providence, RI 02901-1802 | RI | $216,741 | |
14 | Katherine H Simmons Tr Uw | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-06 | $199,834 |
15 | Katherine L Peck Trust Uw Fbo Educational Scholarships | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $153,176 |
16 | Katherine Shepard Tr Fbo Epis Dio State Of Ct, Donnelly Gloria | PO BOX 1802, Providence, RI 02901-1802 | RI | 1993-03 | $62,943 |
17 | Kathleen M & Peter E Naktenis Family Foundation Inc | PO BOX 1802, Providence, RI 02901-1802 | RI | 1987-05 | $196,522 |
18 | Katie E Decubellis Memorial Fund | 18 Imperial Place, Providence, RI 02903-4641 | RI | 2000-09 | $69,027 |
19 | Kayla Jean Ricci Memorial Foundation | 412 Chimney Rock Dr, N Kingstown, RI 02852-1684 | RI | 2005-03 | $29,603 |
20 | Keith Henney Trust | PO BOX 1802, Providence, RI 02901-1802 | RI | 1992-06 | $573,353 |
Organization representatives - add corrected or new information about Katharine Matthies Foundation »
Non-representatives - add comments about Katharine Matthies Foundation»