Abraham Shapiro Charity Fund Trust in Needham, Massachusetts (MA)
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 Massachusetts
| Abraham Shapiro Charity Fund Trust | |
| Employer Identification Number (EIN) | 046043588 |
| Name of Organization | Abraham Shapiro Charity Fund Trust |
| In Care of Name | Morris & Morris |
| Address | 32 Kearney Rd, Needham, MA 02494-2504 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1946 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $3,063,316 |
| Amount of Income | $1,572,263 |
| Form 990 Revenue Amount | $-279,652 |
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 | $169,304 | $169,304 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $81,077 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $88,227 | |||
| Total expenses and disbursements | $189,488 | $0 | $0 | $162,100 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $27,388 | $0 | $0 | |
| Contributions, gifts, grants paid | $162,100 | |||
| Excess of revenue over expenses and disbursements | $-20,184 | |||
| Net investment income | $169,304 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,973,276 | $3,554,113 |
| Cash - non-interest-bearing | $3,328 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $2,450,853 | |
| Investments-corporate bonds | $243,636 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $275,459 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,973,276 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $88,227 |
| 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 | $3,386 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $33 |
| Tax due | $3,419 |
| 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 | $3,416,556 |
| Net value of noncharitable-use assets | $3,365,300 |
| Minimum investment return | $168,265 |
| Distributable Amount (for 2012) | |
| Distributable amount | $164,879 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $164,879 |
| 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 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Abington Green Wave Boosters Inc | PO BOX 2140, Abington, MA 02351-0640 | MA | 2001-10 | $106,632 |
| 2 | Abington Mutual Liquidating Bankruptcy Tr, Joseph G Murghy Ttee | 90 Blueberry Hill Rd, Woburn, MA 01801-5267 | MA | 2005-02 | $177,886 |
| 3 | Abodes Inc | 120 Pulpit Hill Rd Unit 8, Amherst, MA 01002 | MA | 1995-06 | $0 |
| 4 | Provide Inc | 47 Thorndike St, Cambridge, MA 02141-1799 | MA | 1996-03 | $3,319,369 |
| 5 | Abortion Rights Fund Of Western Massachusetts Inc | PO BOX 2162, Amherst, MA 01004-2162 | MA | 1989-08 | $56,076 |
| 6 | Above And Beyond Ministries Inc | 11 Great Brewster Trl, Cohasset, MA 02025-1893 | MA | 2005-01 | $55,550 |
| 7 | Abraham And Marilyn Levovitz Family Foundation, Marilyn Levovitz Ttee | 19 Brook Rd Ste 201, Needham, MA 02494-2946 | MA | 2008-12 | $397 |
| 8 | Abraham Dovek Memorial Foundation | 81 Wallingford Rd, Brighton, MA 02135-4748 | MA | 1978-08 | $89 |
| 9 | Abraham Kaplan Charitable Foundation | PO BOX 603, Marblehead, MA 01945-0603 | MA | 1962-07 | $465,260 |
| 10 | Abraham Path Initiative Inc | 513 Pound Hall-Havard Law Schl 1563, Cambridge, MA 02138 | MA | 2007-07 | $471,543 |
| 11 | Abraham Shapiro Charity Fund Trust | 32 Kearney Rd, Needham, MA 02494-2504 | MA | 1946-02 | $1,572,263 |
| 12 | Abraham W Rizika Foundation | 36 Edgehill Rd, Brookline, MA 02445-7722 | MA | 1964-09 | $44 |
| 13 | Abundant Life Counseling Center Incorporated, Alcc | 459 Putnam Ave, Cambridge, MA 02139 | MA | 1988-08 | $0 |
| 14 | Abundant Table Inc | P O Box 109, Norfolk, MA 02056-0109 | MA | 2009-02 | $45,777 |
| 15 | Abuse Victim Hotline Inc | 500 Beach Street, Revere, MA 02151 | MA | 2007-07 | $0 |
| 16 | Academy At Charlemont | 1359 Route 2 E, Charlemont, MA 01339-3903 | MA | 1982-10 | $3,940,660 |
| 17 | Academy For International School Heads | 110 Breeds Hill Rd Ste 2, Hyannis, MA 02601-1864 | MA | 2004-10 | $400,468 |
| 18 | Academy For Myotherapy And Physical Fitness | 9 Old Center St, Lenox, MA 01240-2560 | MA | 1979-06 | $458,917 |
| 19 | Academy Of Lifelong Learning Of Cape Cod Inc | 2240 Iyannough Rd, W Barnstable, MA 02668-1532 | MA | 2001-07 | $118,406 |
| 20 | Academy Of Performing Arts Incorporated | PO BOX 1843, Orleans, MA 02653-1843 | MA | 1977-01 | $584,519 |
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