Forbes Kirkside Foundation Inc in Westborough, 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
| Forbes Kirkside Foundation Inc | |
| Employer Identification Number (EIN) | 042311010 |
| Name of Organization | Forbes Kirkside Foundation Inc |
| Address | PO BOX 855, Westborough, MA 01581-0855 |
| Activities | Emergency or disaster aid fund, Other school related activities |
| Subsection | Charitable Organization |
| Ruling Date | 08/1968 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $800,517 |
| Amount of Income | $38,860 |
| Form 990 Revenue Amount | $41,039 |
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 | $22,749 | $22,899 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $22,899 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $49,181 | $1,472 | $0 | $47,275 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $8,006 | $1,472 | $6,100 | |
| Contributions, gifts, grants paid | $41,175 | |||
| Excess of revenue over expenses and disbursements | $-26,432 | |||
| Net investment income | $21,427 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $728,795 | $728,795 |
| Cash - non-interest-bearing | $47,249 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $186,385 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $495,161 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $728,795 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-150 |
| 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 | $214 |
| Total credits and payments | $840 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $840 |
| 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 | $626 |
| Amount to be credited to 2013 estimated tax | $626 |
| 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? | Yes |
| 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 | $722,415 |
| Net value of noncharitable-use assets | $711,580 |
| Minimum investment return | $35,579 |
| Distributable Amount (for 2012) | |
| Distributable amount | $35,365 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $35,365 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $22,729 |
| 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 | Food Addicts In Recovery Anonymous Inc | 400 W Cummings Park Ste 1700, Woburn, MA 01801-6572 | MA | 1999-11 | $414,084 |
| 2 | Food For Free Committees Inc | 11 Inman St, Cambridge, MA 02139-2406 | MA | 1985-01 | $122,190 |
| 3 | Food Share Inc | 79 Elm St, Southbridge, MA 01550-2601 | MA | 1998-08 | $155,910 |
| 4 | Football Incorporated | PO BOX 233, Tyngsboro, MA 01879-0233 | MA | 2008-03 | $86,829 |
| 5 | Foothills Theatre | 110 Front Street, Worcester, MA 01608-1446 | MA | 2005-06 | $1,342,282 |
| 6 | Footlight Club | 7a Eliot St, Jamaica Plain, MA 02130-2724 | MA | 1953-05 | $252,722 |
| 7 | For Kids Only Afterschool Incorporated | 194 Essex St, Salem, MA 01970-3705 | MA | 1990-11 | $4,802,496 |
| 8 | For My God And My Country In New England Inc | 61 Waverly St, Framingham, MA 01702-7127 | MA | 1981-07 | $128,312 |
| 9 | For Our Residents Of Easton Inc | PO BOX 326, North Easton, MA 02356-0326 | MA | 1998-11 | $81,899 |
| 10 | For Spacious Skies Inc | 111 Brickyard Rd 2 C, Athol, MA 01331 | MA | 1981-08 | $0 |
| 11 | Forbes Kirkside Foundation Inc | PO BOX 855, Westborough, MA 01581-0855 | MA | 1968-08 | $38,860 |
| 12 | Ford Hall Forum Inc | 41 Temple St At Suffolk University, Boston, MA 02114 | MA | 1953-06 | $144,759 |
| 13 | Fore River Watershed Association | 150 Middle St, East Weymouth, MA 02189-1307 | MA | 2001-01 | $5,450 |
| 14 | Forest Foundation, Fitts David W Ttee | PO BOX 112, Boxford, MA 01921-0112 | MA | 1993-04 | $330,959 |
| 15 | Forest Hills Educational Tr | 95 Forest Hills Ave, Jamaica Plain, MA 02130-3714 | MA | 1992-09 | $148,412 |
| 16 | Forest Meadows Residential Home Inc | 20 Banbury St 2nd Floor, Springfield, MA 01104 | MA | 1997-10 | $27,777 |
| 17 | Forest Park Zoological Society Inc | PO BOX 80295, Springfield, MA 01138-0295 | MA | 1967-05 | $842,443 |
| 18 | Forestdale Cemetery Association | 304 Cabot St, Holyoke, MA 01040-3121 | MA | 1942-11 | $2,683,402 |
| 19 | Forever Home Rescue New England | 31 Jorie Ln, Walpole, MA 02081-1923 | MA | 2008-05 | $280,045 |
| 20 | Forever Paws Animal Shelter | 300 Lynwood St, Fall River, MA 02721-2103 | MA | 1996-07 | $328,946 |
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