Regina M Ohara Charitable Foundation Inc in Warwick, 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
- Organizations performing similar types of work
Regina M Ohara Charitable Foundation Inc | |
Employer Identification Number (EIN) | 050493657 |
Name of Organization | Regina M Ohara Charitable Foundation Inc |
Address | 501 Centerville Road, Warwick, RI 02886-4347 |
Activities | Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 01/1997 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $327,028 |
Amount of Income | $326,464 |
Form 990 Revenue Amount | $538 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $326,464 (it was $19,873 in 2012)
This organization: | $326,464 |
Other organizations performing similar types of work: | $153,770 |
Assets in 2013: $327,028 (it was $17,454 in 2012)
This organization: | $327,028 |
Other organizations performing similar types of work: | $516,948 |
Expenses in 2012: $1,600
Regina M Ohara Charitable Foundation Inc: | $1,600 |
Other organizations performing similar types of work: | $60,348 |
Income to expenses ratio in 2012: 204.0
Regina M Ohara Charitable Foundation Inc: | 204.0 |
Other organizations performing similar types of work: | 2.2 |
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 | $2,471 | $2,471 | $1,578 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $13 | |||
Dividends and interest from securities | $1,392 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $1,066 | |||
Total expenses and disbursements | $1,600 | $750 | $0 | $850 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $750 | $750 | $0 | |
Contributions, gifts, grants paid | $850 | |||
Excess of revenue over expenses and disbursements | $871 | |||
Net investment income | $1,721 | |||
Adjusted net income | $1,578 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $17,454 | $19,998 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $15,000 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $2,454 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $17,454 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $1,066 |
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 | $34 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $34 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
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 | $18,682 |
Net value of noncharitable-use assets | $18,400 |
Minimum investment return | $920 |
Distributable Amount (for 2012) | |
Distributable amount | $886 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $886 |
Undistributed income for 2012. This amount must be distributed in 2013 | $879 |
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 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | The Wallace Research Foundation | Attn Kay Hegarty 221 Third Ave Se, Cedar Rapids, IA 52401-1522 | IA | 1996-05 | $44,138,975 |
2 | Trimix Foundation | 50 Park Row W Ste 113, Providence, RI 02903-1114 | RI | 1997-05 | $23,588,272 |
3 | Russell Grinnell Memorial Tr | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-10 | $13,669,625 |
4 | Wcp Foundation | 9 W 57th St, New York, NY 10019-2701 | NY | 1998-08 | $13,302,553 |
5 | Sage Foundation Inc | 16 Khakum Dr, Greenwich, CT 06831-3727 | CT | 1997-09 | $11,763,440 |
6 | Rothfeld Family Foundation Inc | 156 5th Ave Ste 904, New York, NY 10010-7762 | NY | 1998-02 | $9,649,897 |
7 | The Robert P And Arlene R Kogod Family Foundation | 2345 Crystal Drive 11th Floor, Arlington, VA 22202-4801 | VA | 1996-10 | $8,219,766 |
8 | Theodore Cross Family Charitable Foundation | 100 Merrick Road, Rockville Centre, NY 11570-4800 | NY | 1995-06 | $8,069,390 |
9 | Ruettgers Family Charitable Foundation, Ruettgers Michael C Ttee | 100 Federal Street 37th Floor, Boston, MA 02110-1802 | MA | 1997-09 | $7,375,679 |
10 | The Dickler Family Foundation | 501 Silverside Rd Ste 123, Wilmington, DE 19809-1377 | DE | 1996-12 | $7,174,609 |
11 | Swartz Foundation Ua 110594 | 6 Light House Pointroad, Lloyd Harbor, NY 11743 | NY | 1996-01 | $6,695,817 |
12 | Schultz Family Foundation | 4209 21st Ave W Ste 401, Seattle, WA 98199-1254 | WA | 1998-03 | $6,123,588 |
13 | James P Shea And Mary E Shea Perpetual Trust | PO BOX 1802, Providence, RI 02901-1802 | RI | 1996-09 | $4,748,645 |
14 | The Herbert D Condie Jr Family Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 1996-01 | $1,049,270 |
15 | Samuel S Dale Trust Uw 100740 T01899 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1996-05 | $398,532 |
16 | Adelaide Dawson Lynch Memorial Tr Gr Robert M Lynch Acct No 0430576, Tarzwell Gayle F Ttee | PO BOX 1802, Providence, RI 02901-1802 | RI | 1994-12 | $336,455 |
17 | Regina M Ohara Charitable Foundation Inc | 501 Centerville Road, Warwick, RI 02886-4347 | RI | 1997-01 | $326,464 |
18 | Cecile E Belliveau Charitable Trust | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-02 | $317,758 |
19 | Corinne & Victor Rice Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 1996-06 | $185,984 |
20 | B Street Foundation | 90 Elm St Ste 1, Providence, RI 02903-4647 | RI | 1997-05 | $139,492 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 740 |
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