Better And Better Foundation in Burlington, Vermont (VT)
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 Vermont
| Better And Better Foundation | |
| Employer Identification Number (EIN) | 030341004 |
| Name of Organization | Better And Better Foundation |
| Address | 180 Battery Street No 250, Burlington, VT 05401-5212 |
| Activities | Described in section 509(a)(2) of the Code, Discussion groups, forums, panels lectures, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 12/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $2,137,481 |
| Amount of Income | $442 |
| Form 990 Revenue Amount | $3,561,683 |
Non-representatives - add comments:
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 | $3,561,683 | $4,041,288 | $10,395 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $316 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $10,395 | |||
| Other | $3,550,972 | |||
| Total expenses and disbursements | $1,056,310 | $-8 | $0 | $1,056,318 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $6,182 | $-8 | $6,190 | |
| Contributions, gifts, grants paid | $1,050,128 | |||
| Excess of revenue over expenses and disbursements | $2,505,373 | |||
| Net investment income | $4,041,296 | |||
| Adjusted net income | $10,395 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,680,092 | $2,680,092 |
| Cash - non-interest-bearing | $87,166 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $2,592,926 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,680,092 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $3,550,972 |
| 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 | $80,826 |
| Total credits and payments | $81,020 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $3,520 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $77,500 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Overpayment | $194 |
| Amount to be credited to 2012 estimated tax | $194 |
| 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? | No |
| 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? | Yes |
| 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 | $2,363,584 |
| Net value of noncharitable-use assets | $2,328,140 |
| Minimum investment return | $116,407 |
| Distributable Amount (for 2011) | |
| Distributable amount | $35,581 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $35,581 |
| 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 | $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 |
| Women Of Uvm in Burlington, VT |
| Caroline Baird Crichfield Memorial Fund For Women In Need, The Caroline Fund in Burlington, VT |
| Trout Unlimited in South Burlington, VT |
| People Of Praise in Poultney, VT |
| Friends Of Music At Guilford Inc in Guilford, VT |
Bellows Falls Middle School Community Supported Activities Inc in Bellows Falls, VT
 |
|
Women Of Winter Wow Inc in Stowe, VT
|
| Samaritan House Inc in St Albans, VT |
|
Heidis Haven Rescue in Ferrisburgh, VT
|
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
 |
| Other organizations in Vermont | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Greater Randolph Senior Citizen Center Inc | PO BOX 7, Randolph, VT 05060-0007 | VT | 1981-08 | $164,088 |
| 2 | Greater Rockingham Area Endowment Trust Inc | Hospital Court, Bellows Falls, VT 05101 | VT | 1986-06 | $227,317 |
| 3 | Greater Rockingham Area Health Services Inc | Services Inc 1 Hospital Ct, Bellows Falls, VT 05101 | VT | 1986-06 | $753,265 |
| 4 | Green Across The Pacific Inc | 1594 N Orwell Rd, Shoreham, VT 05770-9565 | VT | 2001-05 | $82,011 |
| 5 | Green Mountain Academy For Life Long Learning Inc | PO BOX 129, Dorset, VT 05251-0129 | VT | 2002-01 | $239,635 |
| 6 | Green Mountain Area Narcotics Anonymous Inc | Po Box 6414, Brattleboro, VT 05302 | VT | 2007-10 | $27,717 |
| 7 | Green Mountain Brass Band Inc | PO BOX 683, Stowe, VT 05672-0683 | VT | 2004-03 | $135 |
| 8 | Green Mountain Camp Inc | 565 Green Mountain Camp Rd, Dummerston, VT 05301-9687 | VT | 1942-08 | $117,605 |
| 9 | Green Mountain Center For Gifted Education Inc | 123 Ethan Allen Road, Colchester, VT 05446 | VT | 2004-05 | $72,585 |
| 10 | Green Mountain Childrens Center | 92 Farmvu Dr, White Riv Jct, VT 05001-6001 | VT | 1990-10 | $2,013,550 |
| 11 | Better And Better Foundation | 180 Battery Street No 250, Burlington, VT 05401-5212 | VT | 1994-12 | $442 |
| 12 | Green Mountain College | 1 Brennan Cir, Poultney, VT 05764-1078 | VT | 1946-04 | $29,518,708 |
| 13 | Green Mountain Community Networkinc | 215 Pleasant St, Bennington, VT 05201-2527 | VT | 2007-05 | $2,005,962 |
| 14 | Green Mountain Credit Union | 4 Laurel Hill Dr Ste 3, So Burlington, VT 05403-7378 | VT | 1987-01 | $1,844,784 |
| 15 | Green Mountain Cultural Center Inc | PO BOX 1362, Waitsfield, VT 05673-1362 | VT | 1994-03 | $300,352 |
| 16 | Green Mountain Dog Club Inc | PO BOX 88, Waitsfield, VT 05673-0088 | VT | 1971-12 | $50,710 |
| 17 | Green Mountain Economic Developmen T Corp | 35 Railroad Row, White River Junction, VT 05001-1914 | VT | 1983-08 | $312,090 |
| 18 | Green Mountain Festival Series Inc | Po Box 488, Chester, VT 05143 | VT | 1995-03 | $36,561 |
| 19 | Green Mountain Forest Watch | PO BOX 7, Randolph, VT 05060-0007 | VT | 1995-02 | $376,764 |
| 20 | Green Mountain Habitat For Humanity, Green Mountain Hfh | 300 Cornerstone Dr Ste 335, Williston, VT 05495-4031 | VT | 1985-02 | $1,188,398 |
Organization representatives - add corrected or new information about Better And Better Foundation »
Non-representatives - add comments about Better And Better Foundation»