The Zachs Family Foundation Inc 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
| The Zachs Family Foundation Inc | |
| Employer Identification Number (EIN) | 061157320 |
| Name of Organization | The Zachs Family Foundation Inc |
| Address | 40 Woodland Street, Hartford, CT 06105-2331 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 01/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $10,000,000 to $49,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $19,612,203 |
| Amount of Income | $13,142,458 |
| Form 990 Revenue Amount | $644,742 |
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 | $644,742 | $644,742 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $38 | |||
| Dividends and interest from securities | $516,091 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $23,878 | |||
| Other | $104,735 | |||
| Total expenses and disbursements | $191,917 | $5,463 | $0 | $186,454 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $5,463 | $5,463 | $0 | |
| Contributions, gifts, grants paid | $186,454 | |||
| Excess of revenue over expenses and disbursements | $452,825 | |||
| Net investment income | $639,279 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,927,377 | $10,078,455 |
| Cash - non-interest-bearing | $103,642 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,726,667 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,009,037 | |
| Other | $88,031 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,927,377 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $104,735 |
| 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 | $12,786 |
| Total credits and payments | $12,808 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $4,373 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $8,435 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $159 |
| Tax due | $137 |
| 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 | $9,391,848 |
| Net value of noncharitable-use assets | $9,250,980 |
| Minimum investment return | $462,549 |
| Distributable Amount (for 2012) | |
| Distributable amount | $449,763 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $449,763 |
| 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 | The Westbrook Fishing Club Incorporated | PO BOX 822, Norwich, CT 06360-0822 | CT | 1995-05 | $36,515 |
| 2 | The Weston Womens League Incorporated | Po Box 1113, Weston, CT 06883 | CT | 1984-10 | $0 |
| 3 | The William J Tomasso Foundation Inc | PO BOX 488, New Britain, CT 06050-0488 | CT | 1979-06 | $176,161 |
| 4 | The William L Tarr Charitable Trust | 245 Pleasant Point Rd, Branford, CT 06405-5609 | CT | 1986-12 | $86 |
| 5 | The Williamantic Switchboard Fire Chiefs Association Incorporated | PO BOX 138, Willimantic, CT 06226-0138 | CT | 1989-10 | $742,783 |
| 6 | The Wilton Young Mens Christian Association Inc | 404 Danbury Rd, Wilton, CT 06897-2005 | CT | 1969-07 | $6,312,422 |
| 7 | The Women Flyfishers Club Inc | C/O Hawkins 51 Mansfield Road, Darien, CT 06820 | CT | 1960-10 | $44,976 |
| 8 | The Woodstock Volunteer Fire Association Incorporated | PO BOX 222, S Woodstock, CT 06267-0222 | CT | 2002-04 | $505,793 |
| 9 | The Young Parent Program Of Milford Inc | 300 Seaside Ave, Milford, CT 06460-4603 | CT | 2001-07 | $129,053 |
| 10 | The Young Peoples Center For Creative Arts Inc | 10 Maryann Dr, East Hampton, CT 06424-1721 | CT | 2007-11 | $88,818 |
| 11 | The Zachs Family Foundation Inc | 40 Woodland Street, Hartford, CT 06105-2331 | CT | 1987-01 | $13,142,458 |
| 12 | The@albert & Mary Rembis Family Foundation, Rembis Barbara I Ttee | 326 Eddy Glover Blvd, New Britain, CT 06053-2451 | CT | 2004-03 | $3,216 |
| 13 | The@bea And Shailer Breck Foundation, Kinsley George J Ttee | 81 Commerce St, Clinton, CT 06413-2006 | CT | 2006-02 | $105,442 |
| 14 | The@center For Cancer Care Fund Inc | 540 Litchfield St, Torrington, CT 06790-6679 | CT | 2005-06 | $198,932 |
| 15 | The@connecticut Chapter Of The American College Of Surgeons | 65 High Ridge Rd Pmb 275, Stamford, CT 06905-3800 | CT | 2006-06 | $98,426 |
| 16 | The@david And Eunice Bigelow Foundation Inc, Gunn Colin Secy | 134 East Ave, Norwalk, CT 06851-5714 | CT | 1999-07 | $2,609,612 |
| 17 | The@douglas S And Barbara J Barrett Family Foundation, Barrett Douglas S & Barbara J Ttees | PO BOX 274, Mystic, CT 06355-0274 | CT | 2005-03 | $167,788 |
| 18 | The@eileen A Delaney Margaret J Delaney James Delaney And Ellen | 2 Corporate Dr Ste 212, Trumbull, CT 06611-1376 | CT | 2002-10 | $302,216 |
| 19 | The@grounds Inc | 68 South Main Street, West Hartford, CT 06107-2445 | CT | 2007-04 | $188 |
| 20 | The@hilbert And Shirley Hendel Family Foundation, Hendle Myron Ttee | 16 Strand, Waterford, CT 06385-3703 | CT | 2006-09 | $233,641 |
Organization representatives - add corrected or new information about The Zachs Family Foundation Inc »
Non-representatives - add comments about The Zachs Family Foundation Inc»