Phil And Norma Fine Foundation in New York, New York (NY)
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 New York
| Phil And Norma Fine Foundation | |
| Employer Identification Number (EIN) | 237025815 |
| Name of Organization | Phil And Norma Fine Foundation |
| Address | C/O D Fine 590 Madison Ave 5th Fl, New York, NY 10022 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1969 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $1,007,945 |
| Amount of Income | $186,252 |
| Form 990 Revenue Amount | $155,267 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $155,267 | $155,267 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $118 | |||
| Dividends and interest from securities | $10,958 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $144,191 | |||
| Total expenses and disbursements | $219,734 | $11,832 | $0 | $203,290 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $18,444 | $11,832 | $2,000 | |
| Contributions, gifts, grants paid | $201,290 | |||
| Excess of revenue over expenses and disbursements | $-64,467 | |||
| Net investment income | $143,435 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,007,945 | $1,195,816 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $953,880 | |
| Other | $54,065 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1,007,945 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $144,191 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $1,434 |
| Total credits and payments | $3,200 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $3,200 |
| 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 |
| Overpayment | $1,766 |
| Amount to be credited to 2012 estimated tax | $1,766 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $1,240,221 |
| Net value of noncharitable-use assets | $1,221,620 |
| Minimum investment return | $61,081 |
| Distributable Amount (for 2011) | |
| Distributable amount | $59,647 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $59,647 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Pan Kachin Development Society | 76 Jennings Ave, Southampton, NY 11969 | NY | 1996-12 | $9,880 |
| 2 | Our Pledge Inc | 325 E 41st Street, New York, NY 10017-5955 | NY | 2009-07 | $306 |
| 3 | Phillip And Tracey Riese Foundation Inc | 140 Franklin St Apt 5b, New York, NY 10013-3084 | NY | 2001-08 | $115,735 |
| 4 | Pat Riley Family Foundation | C/O Bsk 111 Washington Ave, Albany, NY 12210 | NY | 2007-08 | $25,492 |
| 5 | Pflaum Family Foundation | PO BOX 163, Kattskill Bay, NY 12844-0163 | NY | 2001-06 | $32,059 |
| 6 | Pines Care Center Inc | PO BOX 5333, Fire Inland Pines, NY 11782-0959 | NY | 1984-01 | $95,854 |
| 7 | Ovarian Cycle Inc | 14 Pennsylvania Plaza, New York, NY 10122-0049 | NY | 2004-03 | $661,664 |
| 8 | Pembroke College Foundation Inc | 62 Dauphin Dr, Williamsville, NY 14221-1759 | NY | 2013-09 | $103,990 |
| 9 | Paul And Patricia Hogan Charitable Foundation, Anderson Deborah Ttee | PO BOX 15014, Albany, NY 12212-5014 | NY | 2005-07 | $116,283 |
| 10 | Peter And Nancy Allatt Family Foundation Ii | 80 E Market St Ste 300, Corning, NY 14830-2722 | NY | 2005-06 | $3,680,414 |
| 11 | Phil And Norma Fine Foundation | C/O D Fine 590 Madison Ave 5th Fl, New York, NY 10022 | NY | 1969-06 | $186,252 |
| 12 | Orion The Hunters Institute | Po Box 24, Trumansburg, NY 14886 | NY | 1996-01 | $22,139 |
| 13 | Our Community Works Inc | 305 Hurley Ave Apt 13b, Kingston, NY 12401-6850 | NY | 1997-02 | $0 |
| 14 | Palatines To America | 367 Windsor Highway Box 124, New Windsor, NY 12553 | NY | 1989-09 | $0 |
| 15 | Palomaki Foundation | 6670 Golf Vire Rise, Victor, NY 14564 | NY | 2001-02 | $3,000 |
| 16 | Paugus Charitable Trust | 10 West St, New York, NY 10004-1072 | NY | 2008-06 | $2,504 |
| 17 | Paul And Irene Bogoni Operating Foundation | 340 Riverside Drive, New York, NY 10025-3423 | NY | 2004-01 | $60,000 |
| 18 | Paul J Lombardi Charitable Tr, Harborside Financial Ctr | 1 New York Plaza 7th Fl, New York, NY 10004-1901 | NY | 2002-06 | $167,709 |
| 19 | Paul S Nadler Fam Charitable Tr | 247 West 87th Street, New York, NY 10024-2847 | NY | 2001-06 | $9,903,118 |
| 20 | Photoimaging Manufacturers & Distri Buters Association Inc | 7600 Jericho Tpke Ste 301, Woodbury, NY 11797-1705 | NY | 1941-05 | $381,719 |
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