N Silverstein Charitable Foundation 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
| N Silverstein Charitable Foundation | |
| Employer Identification Number (EIN) | 046579822 |
| Name of Organization | N Silverstein Charitable Foundation |
| Address | 203 Fox Hill Rd, Needham, MA 02492-2752 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 03/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $91,993 |
| Amount of Income | $11,868 |
| Form 990 Revenue Amount | $9,069 |
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 | $3,318 | $3,287 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $107 | |||
| Dividends and interest from securities | $4,045 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-1,148 | |||
| Other | $314 | |||
| Total expenses and disbursements | $4,923 | $139 | $0 | $4,347 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $898 | $139 | $322 | |
| Contributions, gifts, grants paid | $4,025 | |||
| Excess of revenue over expenses and disbursements | $-1,605 | |||
| Net investment income | $3,148 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $96,613 | $131,916 |
| Cash - non-interest-bearing | $3,614 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $71,708 | |
| Investments-corporate bonds | $6,000 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $3,008 | |
| Other | $12,283 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $96,613 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $314 |
| 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 | $63 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $63 |
| 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 | $118,997 |
| Net value of noncharitable-use assets | $117,220 |
| Minimum investment return | $5,861 |
| Distributable Amount (for 2012) | |
| Distributable amount | $5,798 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $5,798 |
| 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
  |
|
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
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Reason Alliance Ltd in Somerville, MA |
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Mystic Valley Elder Services Inc | 300 Commercial Street, Malden, MA 02148-7309 | MA | 1977-03 | $35,921,739 |
| 2 | Mystic Valley Gun Club Inc | PO BOX 664, Malden, MA 02148-0006 | MA | 1974-06 | $170,018 |
| 3 | Mystic Valley Railway Society Inc | PO BOX 365486, Hyde Park, MA 02136-0009 | MA | 1971-02 | $142,836 |
| 4 | Mystic View Task Force Inc | 46 Puritan Rd, Somerville, MA 02145 | MA | 2003-06 | $0 |
| 5 | Mystic Wellington Yacht Club Inc | PO BOX 235, Medford, MA 02155-0003 | MA | 1974-04 | $196,306 |
| 6 | N B M Highway Association Inc | PO BOX 547, Norwood, MA 02062-0547 | MA | 1987-04 | $113,131 |
| 7 | N C E Foundation Inc | 12 Breakwater Cv, Chelsea, MA 02150-4037 | MA | 1995-03 | $0 |
| 8 | N E S Realty Corp | 67 Mulberry St, Springfield, MA 01105-1406 | MA | 2001-06 | $145,405 |
| 9 | N R Lachance Foundation | 55 Eastwood Cir, Gardner, MA 01440-3901 | MA | 1991-06 | $124,850 |
| 10 | N Reading Lodge No 1511 Loyal Order Of Moose, 1511 | 140 North St, North Reading, MA 01864-1315 | MA | 1935-08 | $450,360 |
| 11 | N Silverstein Charitable Foundation | 203 Fox Hill Rd, Needham, MA 02492-2752 | MA | 1988-03 | $11,868 |
| 12 | N Woodburn Nichols Foundation Inc | 18 King St, Groveland, MA 01834-1231 | MA | 2003-05 | $4,172,307 |
| 13 | Nabnasset Lake Country Club Inc | 47 Oak Hill Rd, Westford, MA 01886-1700 | MA | 1956-04 | $989,035 |
| 14 | Nabnasset Lake Preservation Association | 15 Byrne Ave, Westford, MA 01886-1563 | MA | 1995-04 | $13,541 |
| 15 | Nac Scholarship Fund Inc | 1 New Whale Street, Nantucket, MA 02554 | MA | 2000-10 | $47,145 |
| 16 | Nage-Seiu Local 5000 Trial Court Of Mass Health And Welfare Fund, Malzone Louis Adm | 159 Burgin Parkway, Quincy, MA 02169-4213 | MA | 2004-08 | $2,109,755 |
| 17 | Nahant Historical Society | 41 Valley Road, Nahant, MA 01908-1300 | MA | 1975-01 | $88,837 |
| 18 | Nahant Little League Baseball Inc | Po Box 161, Nahant, MA 01908 | MA | 1982-05 | $0 |
| 19 | Nahant Preschool Inc | C/O Laura Michaud - 11 Tudor Road, Nahant, MA 01908 | MA | 1986-12 | $137 |
| 20 | Nahant Preservation Trust Inc | PO BOX 30, Nahant, MA 01908-0030 | MA | 1998-04 | $113,523 |
Organization representatives - add corrected or new information about N Silverstein Charitable Foundation »
Non-representatives - add comments about N Silverstein Charitable Foundation»