David F Depaola Charitable Trust in North Branford, Connecticut (CT)
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 Connecticut
| David F Depaola Charitable Trust | |
| Employer Identification Number (EIN) | 061607476 |
| Name of Organization | David F Depaola Charitable Trust |
| In Care of Name | M Depaola |
| Address | 222 Branford Rd Ste 127, North Branford, CT 06471 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2001 |
| 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 | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $384,628 |
| Amount of Income | $31,470 |
| Form 990 Revenue Amount | $11,913 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
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 | $-3,228 | $13,045 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $13,045 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $24 | |||
| Total expenses and disbursements | $33,467 | $12,637 | $0 | $20,830 |
| Compensation of officers, directors, trustees, etc. | $12,000 | |||
| Total operating and administrative expenses | $12,637 | $12,637 | $0 | |
| Contributions, gifts, grants paid | $20,830 | |||
| Excess of revenue over expenses and disbursements | $-36,695 | |||
| Net investment income | $408 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $405,880 | $465,718 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $382,248 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $23,632 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $405,880 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-16,297 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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 | $465,649 |
| Net value of noncharitable-use assets | $458,660 |
| Minimum investment return | $22,933 |
| Distributable Amount (for 2012) | |
| Distributable amount | $22,925 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $22,925 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $22,859 |
| 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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| Other organizations in Connecticut | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Davatzes Family Foundation Inc | 48 Mollbrook Dr, Wilton, CT 06897-4709 | CT | 2004-02 | $71,520 |
| 2 | Davenport Residence Inc | 127 Washington Ave Ste 5 # East, North Haven, CT 06473-1715 | CT | 1967-08 | $2,908,290 |
| 3 | David & Karen Pecker Foundation | 27 Boulder Brook Rd, Greenwich, CT 06830-3514 | CT | 1998-02 | $1,447,379 |
| 4 | David A Beckerman Foundation Inc | One Audubon St, New Haven, CT 06511-6433 | CT | 1991-11 | $186,170 |
| 5 | David And Gwen Baker Familyfoundation Inc | 2 Greystone Farm Ln, Westport, CT 06880-2750 | CT | 2006-05 | $312,205 |
| 6 | David And Kimberly Blank Charitable Tr, Blank David M Ttee | 124 Brookside Dr, Greenwich, CT 06831-5346 | CT | 2001-06 | $112 |
| 7 | David And Sharon Bender Family Foundation Inc | 16 Penny Ln, Woodbridge, CT 06525-1531 | CT | 2008-03 | $12,633 |
| 8 | David Burton Jacobson Foundation | 652 Glenbrook Rd, Stamford, CT 06906-1410 | CT | 2015-03 | $21,333 |
| 9 | David Daddario Family Foundation Inc | 8 Glovers Ln, Easton, CT 06612-2217 | CT | 2002-06 | $14,150 |
| 10 | David Dolinsky Family Foundation | 74 Scoville Rd, West Cornwall, CT 06796-1215 | CT | 1999-08 | $25,030 |
| 11 | David F Depaola Charitable Trust | 222 Branford Rd Ste 127, North Branford, CT 06471 | CT | 2001-06 | $31,470 |
| 12 | David Hwang Memorial Fund | 108 School Ground Rd, Branford, CT 06405-2839 | CT | 1999-04 | $25,884 |
| 13 | David I Oreck Foundation | 850 Canal Street, Stamford, CT 06902-6943 | CT | 2000-11 | $699,166 |
| 14 | David K & Nancy Burr Zwiener Foundation | 150 Scarborough St, Hartford, CT 06105-1107 | CT | 2003-02 | $52,806 |
| 15 | David M Hunt Library & School Ass Ociation | PO BOX 217, Falls Village, CT 06031-0217 | CT | 1974-01 | $133,918 |
| 16 | David R Couch Education Fund, Esther M Villard Ttee | PO BOX 2131, Norwalk, CT 06852-2131 | CT | 2009-02 | $188,195 |
| 17 | David Russo Cancer Foundation | 3 Ridgewood Ave, Stamford, CT 06907-2617 | CT | 1996-07 | $34,916 |
| 18 | David Saunders Family Foundation | 300 Atlantic St Fl 12, Stamford, CT 06901-3514 | CT | 2005-07 | $81 |
| 19 | Davie Family Foundation | 23 Old Kings Hwy So, Darien, CT 06820-4541 | CT | 2004-05 | $369,240 |
| 20 | Davis-Mccullough Foundation Inc | Wikstrom Group 30 Buxton Farms Road, Stamford, CT 06905 | CT | 2008-08 | $130,377 |
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