Olcott And Lucy Smith Foundation Incorporated in Hartford, 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
| Olcott And Lucy Smith Foundation Incorporated | |
| Employer Identification Number (EIN) | 066064116 |
| Name of Organization | Olcott And Lucy Smith Foundation Incorporated |
| In Care of Name | Tyler Smith |
| Address | 95 Elm St, Hartford, CT 06106-1633 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 11/1964 |
| 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 | $486,202 |
| Amount of Income | $286,481 |
| Form 990 Revenue Amount | $45,775 |
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 | $72,803 | $72,803 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $3,509 | |||
| Dividends and interest from securities | $9,226 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $60,068 | |||
| Total expenses and disbursements | $35,380 | $9,400 | $0 | $25,930 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $9,450 | $9,400 | $0 | |
| Contributions, gifts, grants paid | $25,930 | |||
| Excess of revenue over expenses and disbursements | $37,423 | |||
| Net investment income | $63,403 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $495,123 | $535,883 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $297,429 | |
| Investments-corporate bonds | $166,982 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $30,712 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $495,123 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $60,068 |
| 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 | $1,268 |
| Total credits and payments | $760 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $760 |
| 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 | $508 |
| 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 | $529,951 |
| Net value of noncharitable-use assets | $522,000 |
| Minimum investment return | $26,100 |
| Distributable Amount (for 2012) | |
| Distributable amount | $24,832 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $24,832 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| 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 |
Laura Norton Fund, Gelfenbien Roger A Ttee in Hartford, CT
![]() ![]() ![]() ![]() ![]() |
| Centro Renacer Of Connecticut Inc in Hartford, CT |
Beacon Light Alternative Services in Hartford, CT
![]() ![]() ![]() ![]() ![]() |
New Direction Ministries in Bridgeport, CT
![]() ![]() ![]() ![]() ![]() |
Newcomers Club Of Danbury New Fairfield Conn Inc in Danbury, CT
![]() ![]() ![]() ![]() ![]() |
| David And Sherry Cordani Family Foundation in West Hartford, CT |
Ccns Development Program Inc in Middletown, CT
![]() ![]() ![]() ![]() ![]() |
Connecticut Renaissance Inc in Bridgeport, CT
![]() ![]() ![]() ![]() ![]() |
Christ Chapel Of The Christian And Missionary Alliance in Madison, CT
![]() ![]() ![]() ![]() ![]() |
| Friends Helping Children Foundation Charitable Tr, Turina Tony Ttee in Torrington, CT |
| Other organizations in Connecticut | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Odysseyre Foundation | 300 First Stamford Pl, Stamford, CT 06902-6765 | CT | 2007-04 | $2,525,000 |
| 2 | Off Soundings Club | 10 Laurel Grove Dr, Higganum, CT 06441-4355 | CT | 2008-03 | $70,219 |
| 3 | Off-Beat Players Inc | 55 Mill Plain Road 29-5, Danbury, CT 06811 | CT | 2008-10 | $0 |
| 4 | Office And Professional Employees International Union, 106 Opeiu | 171 Thames St, Groton, CT 06340-3630 | CT | 1946-04 | $120,057 |
| 5 | Officer Brian A Aselton Memorial Scholarship Fund | PO BOX 1441, Glastonbury, CT 06033-6641 | CT | 2002-12 | $22,107 |
| 6 | Officer Brian A Aselton Memorial Scholarship Fund Inc | Po Box 1441, Glastonbury, CT 06033 | CT | 2006-09 | $17,632 |
| 7 | Ogden Housing Inc | 127 Washington Ave Ste 5 # East, North Haven, CT 06473-1715 | CT | 1978-10 | $1,502,701 |
| 8 | Ohnell Family Foundation | 75 Khakum Wood Rd, Greenwich, CT 06831-3729 | CT | 1993-04 | $1,007,542 |
| 9 | Oic Of America Connecticut State Council Incorporated | 232 N Elm St, Waterbury, CT 06702-1516 | CT | 1983-12 | $97,253 |
| 10 | Opportunities Industrialization Center Of New London County Inc | 106 Truman St, New London, CT 06320-5632 | CT | 1970-04 | $577,848 |
| 11 | Olcott And Lucy Smith Foundation Incorporated | 95 Elm St, Hartford, CT 06106-1633 | CT | 1964-11 | $286,481 |
| 12 | Old Faithful Antique Fire Engine Company Inc | Po Box 723, New Canaan, CT 06840 | CT | 1979-12 | $0 |
| 13 | Old Greenwich Lions Club Charitable Trust | PO BOX 215, Old Greenwich, CT 06870-0215 | CT | 1967-10 | $18,933 |
| 14 | Old Greenwich Riverside Newcomers Club Inc | PO BOX 256, Old Greenwich, CT 06870-0256 | CT | 1994-07 | $33,982 |
| 15 | Old Greenwich Yacht Club Incorporated | 5 Tory Rd, Riverside, CT 06878-1038 | CT | 1976-09 | $230,177 |
| 16 | Old Greenwich-Riverside Community Center Inc | 90 Harding Rd, Old Greenwich, CT 06870-1518 | CT | 1959-10 | $1,791,158 |
| 17 | Old Guard Inc | 12 North Main Street, West Hartford, CT 06107-1932 | CT | 1967-07 | $31,701 |
| 18 | Old Lyme Beach Club Inc | 78 Boughton Rd, Old Lyme, CT 06371 | CT | 1940-09 | $705,971 |
| 19 | Old Lyme Cemetery Association Inc | PO BOX 957, Old Lyme, CT 06371-0957 | CT | 1972-09 | $628,071 |
| 20 | Old Lyme Childrens Learning Center Inc | 57 Lyme St, Old Lyme, CT 06371-2359 | CT | 1987-10 | $447,358 |



Organization representatives - add corrected or new information about Olcott And Lucy Smith Foundation Incorporated »
Non-representatives - add comments about Olcott And Lucy Smith Foundation Incorporated»