Ruscito Family Foundation Inc in Fairfield, Connecticut (CT)

Organization representatives - add corrected or new information about Ruscito Family Foundation Inc »

Non-representatives - add comments about Ruscito Family Foundation Inc»

Ruscito Family Foundation Inc
Employer Identification Number (EIN)061188345
Name of OrganizationRuscito Family Foundation Inc
Address3010 Redding Rd, Fairfield, CT 06824-1654
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1987
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$274,754
Amount of Income$16,531
Form 990 Revenue Amount$16,531


Non-representatives - add comments:


CAPTCHA

Your IP address 18.204.48.199 will be logged.

Financial snapshot ($)

Expenses for 2011

Assets for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$16,531$16,531$16,531
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$16,531
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$16,866$1,266$1,266$16,866
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$1,266$1,266$1,266
Contributions, gifts, grants paid$15,600
Excess of revenue over expenses and disbursements$-335
Net investment income$15,265
Adjusted net income$15,265
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$274,754$439,981
Cash - non-interest-bearing$1,778
Investments-U.S. and state government obligations$0
Investments-corporate stock$183,623
Investments-corporate bonds$89,353
Investments-mortgage loans$0
Investments-other$0
Total liabilities$0
Total liabilities and net assets/fund balances$274,754
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$0
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$305
Total credits and payments$305
2011 estimated tax payments and 2010 overpayment credited to 2011$305
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$0
Amount to be credited to 2012 estimated tax$0
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?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 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$461,178
Net value of noncharitable-use assets$454,260
Minimum investment return$22,713
Distributable Amount (for 2011)
Distributable amount$22,397
Undistributed Income (for 2011)
Distributable amount for 2011$22,397
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
2011201020092008Total
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!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Ruscito Family Foundation Inc to others? (optional)
  
Add photo of Ruscito Family Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Connecticut
IdNameAddressStateEstablishedTotal Income
1Royal Arch Masons Of Connecticut32 Deep Brook Harbor, Suffield, CT 06088CT1969-05$475
2Royal Arch Masons Of ConnecticutPo Box 300, Madison, CT 06443CT1969-05$1,535
3Royal Arch Masons Of Connecticut, Baldwin Chapter 13 R A M1095 Chapel St, Stratford, CT 06614-1644CT1969-05$30,752
4Royal Order Of Jesters Hartford Court No 141, 014144 Quarry Village Rd, Cheshire, CT 06410-2055CT1978-12$27,966
5Royal Order Of Jesters, 066 Dimaryp Court8 Reichelt Ter, Ansonia, CT 06401-1116CT1941-12$29,140
6Royal Order Of Jesters, 144 Springfield Court76 Blue Ridge Dr, Somers, CT 06071-1027CT1941-12$72,367
7Rta IncorporatedPO BOX 202138, New Haven, CT 06520-2138CT1966-02$524,548
8John J Nerden Rtc Camp IncPO BOX 2617, Meriden, CT 06450-1617CT1975-08$283,297
9Rubicon Seven Foundation155 Main Street Suite 211, Danbury, CT 06810CT2009-03$0
10Rubin Family Foundation, Rubin Jeffrey S TteePO BOX 1078, Southport, CT 06890-2078CT1995-10$956
11Ruscito Family Foundation Inc3010 Redding Rd, Fairfield, CT 06824-1654CT1987-06$16,531
12Rushford Center Inc883 Paddock Ave, Meriden, CT 06450-7044CT1976-01$28,800,769
13Rushford Foundation Inc883 Paddock Ave, Meriden, CT 06450-7044CT1998-03$1,320,365
14Russel & Deborah Taylor Foundation31 Indian Point Ln, Riverside, CT 06878-2622CT1997-06$4,443,249
15Russell Library Company123 Broad St, Middletown, CT 06457-3349CT1988-08$1,020,057
16Russell Maguire Foundation Inc16 Doverton Dr, Greenwich, CT 06831-3318CT1941-08$56,976
17Russian Chorus IncPO BOX 202032, New Haven, CT 06520-2032CT1985-03$9,947
18Russo Family Foundation IncC/O Grill Partners 111 Beach Road, Fairfield, CT 06824CT1999-11$262,298
19Rust Family Foundation3244 Bronson Rd, Fairfield, CT 06824-2003CT1999-07$404,421
20Ruth Angeline Whitley Memorialfoundation Inc5 Highview Ave, Old Greenwich, CT 06870-1703CT2006-03$787

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Ruscito Family Foundation Inc and has no official or unofficial affiliation with Ruscito Family Foundation Inc