Kargman Charitable & Educational Foundation Inc in Boston, 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
| Kargman Charitable & Educational Foundation Inc | |
| Employer Identification Number (EIN) | 046133810 |
| Name of Organization | Kargman Charitable & Educational Foundation Inc |
| Address | 151 Tremont Street No Ph, Boston, MA 02111-1125 |
| Activities | Scholarships (other), Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 07/1966 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,571,267 |
| Amount of Income | $192,516 |
| Form 990 Revenue Amount | $101,192 |
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 | $124,263 | $124,263 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $23,331 | |||
| Dividends and interest from securities | $59,782 | |||
| Gross rents | $21,788 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $888 | |||
| Other | $18,474 | |||
| Total expenses and disbursements | $234,239 | $152,911 | $0 | $18,500 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $215,739 | $152,911 | $0 | |
| Contributions, gifts, grants paid | $18,500 | |||
| Excess of revenue over expenses and disbursements | $-109,976 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,333,435 | $2,658,043 |
| Cash - non-interest-bearing | $5,264 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,881,642 | |
| Other | $446,529 | |
| Total liabilities | $2,166,868 | |
| Mortgages and other notes payable | $0 | |
| Other | $2,166,868 | |
| Total liabilities and net assets/fund balances | $166,567 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $18,474 |
| 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 | $14,768 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $3,768 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $11,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $14,768 |
| Amount to be credited to 2013 estimated tax | $14,768 |
| 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 | $2,678,404 |
| Net value of noncharitable-use assets | $2,638,220 |
| Minimum investment return | $131,911 |
| Distributable Amount (for 2012) | |
| Distributable amount | $131,911 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $131,911 |
| 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 |
The Red Sox Foundation Inc in Boston, MA
  |
|
Ben And Rose Cole Charitable Pria Foundation in Boston, MA
|
|
Chefs Table Foundation in Boston, MA
|
|
Chester Square Neighborhood Association Inc in Boston, MA
|
|
Landry Family Charitable Foundation in Boston, MA
|
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kappa Delta Sorority-Eta Kappa, Eta Kappa Chapter | 360 Huntington Ave, Boston, MA 02115-5005 | MA | 1970-03 | $88,772 |
| 2 | Kappa Kappa Gamma Fraternity Inc, Springfield House Association | 32 Nutting Ave, Amherst, MA 01002-1915 | MA | 1972-03 | $467,918 |
| 3 | Kappa Sigma Fraternity | 1 University Road, Boston, MA 02215 | MA | 1940-12 | $0 |
| 4 | Kappa Sigma Fraternity, 271 Northeastern Univ-Xi Beta Chapc | 360 Huntington Ave, Boston, MA 02115-5005 | MA | 1978-12 | $81,209 |
| 5 | Kappa Sigma Fraternity | 407 Memorial Drive, Cambridge, MA 02139 | MA | 1940-12 | $455,110 |
| 6 | Karas Family Foundation, Frackiewicz Lisa M Ttee | 34 Mill Rd, Harvard, MA 01451-1312 | MA | 2006-03 | $49,282 |
| 7 | Karelran Scholarship Fund Inc | 21 Rice Spring Ln, Wayland, MA 01778-3515 | MA | 2003-01 | $6,654 |
| 8 | Karen A Martin Memorial Fund, Martin John A & Paul R Ttee | 48a Lafayette Pl, Salem, MA 01970-4709 | MA | 2002-01 | $2,843 |
| 9 | Karen And Laura Legacy Fund Inc | 4 Joan Cir, Milford, MA 01757-1324 | MA | 2003-08 | $193 |
| 10 | The Joan Shafran And Ron Haimes Foundation Inc | 14 Lee St, Cambridge, MA 02139-2204 | MA | 2006-05 | $339,348 |
| 11 | Kargman Charitable & Educational Foundation Inc | 151 Tremont Street No Ph, Boston, MA 02111-1125 | MA | 1966-07 | $192,516 |
| 12 | Karin Grunebaum Cancer Research Foundation | 85 Sherman St Apt 8, Cambridge, MA 02140-3299 | MA | 1962-05 | $82,876 |
| 13 | Kariotis Charitable Tr, Lowell Blake Ttee | 141 Tremont St Ste 200, Boston, MA 02111-1209 | MA | 2000-08 | $14,569 |
| 14 | Karl And Joyce Gladstone Foundation, Gladstone Heidi Et Al Ttee | 105 Fox Hill Rd, N Andover, MA 01845-2937 | MA | 1998-10 | $1,198 |
| 15 | Karl Boyer Mceachron Foundation, Slocik Joseph P Ttee | 21 Sunset Ave, Lenox, MA 01240-2017 | MA | 1956-05 | $2,221 |
| 16 | Karp Family Foundation | One Wells, Newton, MA 02459-3226 | MA | 1995-05 | $941,297 |
| 17 | Kartwheels In Motion Incorporated | 4 Harrison Ave, Gloucester, MA 01930-1804 | MA | 2002-03 | $10,125 |
| 18 | Karuna Center For Peace Building | 447 West Street, Amherst, MA 01002-2933 | MA | 1999-02 | $396,384 |
| 19 | Karuna School Inc | 273 Main Street, Wayland, MA 01778 | MA | 2008-03 | $261,621 |
| 20 | Kasiisi Project Inc | C/O Kent Davenport, Weston, MA 02493 | MA | 2006-05 | $257,350 |
Organization representatives - add corrected or new information about Kargman Charitable & Educational Foundation Inc »
Non-representatives - add comments about Kargman Charitable & Educational Foundation Inc»