Arthur & Linda Gelb Tr Charitable Foundation in Belmont, 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Massachusetts
| Arthur & Linda Gelb Tr Charitable Foundation | |
| Employer Identification Number (EIN) | 046691831 |
| Name of Organization | Arthur & Linda Gelb Tr Charitable Foundation |
| Address | 135 Marsh St, Belmont, MA 02478-2132 |
| Activities | School, college, trade school, etc., Other scientific research activities, Scientific research (diseases) |
| Subsection | Charitable Organization |
| Ruling Date | 10/1992 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $835,758 |
| Amount of Income | $128,015 |
| Form 990 Revenue Amount | $149,288 |
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 | $-8,098 | $-9,598 | $-30,487 | |
| Contributions, gifts, grants, etc., received | $1,500 | |||
| Interest on savings and temporary cash investments | $3 | |||
| Dividends and interest from securities | $111 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-30,601 | |||
| Other | $20,889 | |||
| Total expenses and disbursements | $32,575 | $7,115 | $7,115 | $25,460 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $7,115 | $7,115 | $0 | |
| Contributions, gifts, grants paid | $25,460 | |||
| Excess of revenue over expenses and disbursements | $-40,673 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $754,055 | $799,277 |
| Cash - non-interest-bearing | $3,006 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $751,049 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $754,055 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $20,889 |
| 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 | $0 |
| Total credits and payments | $4,200 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $4,200 |
| 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 |
| Overpayment | $4,200 |
| Amount to be credited to 2013 estimated tax | $1,050 |
| 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 | $826,806 |
| Net value of noncharitable-use assets | $814,400 |
| Minimum investment return | $40,720 |
| Distributable Amount (for 2012) | |
| Distributable amount | $40,720 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $40,720 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $121 | $0 | $121 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $1,021 | $0 | $102 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $191 | $0 | $19 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $95 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $95 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $26 |
| Net operating loss deduction | $26 |
| Unrelated business taxable income before specific deduction | $0 |
| Specific deduction | $1,000 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Amelia Peabody Foundation | 1 Hollis St Ste 215, Wellesley, MA 02482-4677 | MA | 1944-02 | $109,714,731 |
| 2 | American Camping Association Inc New England Section | 80 Westview Street, Lexington, MA 02421-3128 | MA | 1950-06 | $816,547 |
| 3 | American Chemical Society, Northeastern Section | 19 Mill Rd, Harvard, MA 01451-1314 | MA | 1946-05 | $2,413,851 |
| 4 | The American Family Therapy Association | 150 Summer St, Haverhill, MA 01830-6032 | MA | 1978-11 | $338,181 |
| 5 | American Federation For Medical Research | 500 Cummings Ctr Ste 4550, Beverly, MA 01915-6534 | MA | 1966-10 | $598,807 |
| 6 | American Society Of Civil Engineers, Boston Society Of Ce Section The En | One Walnut Street, Boston, MA 02108-3616 | MA | 1975-03 | $1,324,229 |
| 7 | American Society Of Heating Refreigerating & A-C Engineers, Boston | 140 Commonwealth Ave, Chestnut Hill, MA 02467-3800 | MA | 1973-11 | $178,252 |
| 8 | Ansara Family Foundation | 75 Arlington St 10th Flr, Boston, MA 02116-3936 | MA | 1999-07 | $1,064,711 |
| 9 | Anti-Displacement Project Inc | 130 Union St, Springfield, MA 01105-2011 | MA | 1992-05 | $1,115,508 |
| 10 | Archaeological Institute Of America | 656 Beacon Street, Boston, MA 02215-2006 | MA | 1958-07 | $7,163,618 |
| 11 | Arthur & Linda Gelb Tr Charitable Foundation | 135 Marsh St, Belmont, MA 02478-2132 | MA | 1992-10 | $128,015 |
| 12 | Arts For All Incorporated | 9a Station St, Brookline, MA 02445-7903 | MA | 1982-12 | $272,585 |
| 13 | American Council Of Academic Plastic Surgeons, Stephen H Miller | 500 Cummings Center, Beverly, MA 01915-6142 | MA | 1987-11 | $191,552 |
| 14 | Association Of Coastal Engineers | 766 Falmouth Road Suite A1, Mashpee, MA 02649-3347 | MA | 2003-04 | $3,920 |
| 15 | Athol Memorial Hospital Incorporated | 2033 Main St, Athol, MA 01331-3535 | MA | 1951-06 | $17,503,255 |
| 16 | Atlantic Womens Health Inc | 55 Fogg Rd, S Weymouth, MA 02190-2432 | MA | 2004-12 | $0 |
| 17 | Barr Foundation | The Pilot House Lewis Wharf, Boston, MA 02110 | MA | 1988-06 | $152,147,501 |
| 18 | Bay State Model Railroad Museum Inc | 760 South St, Roslindale, MA 02131-1729 | MA | 2003-09 | $63,477 |
| 19 | Bayridge Residence And Cultural Center Inc, Bayridge Residence | 395 Commonwealth Ave, Boston, MA 02215-2322 | MA | 1995-11 | $1,050,177 |
| 20 | Baystate Child Care Food Program | 345 Lake Avenue North, Worcester, MA 01605-2057 | MA | 2000-12 | $3,644,416 |



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