Quaker Hill Foundation in North Andover, 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
| Quaker Hill Foundation | |
| Employer Identification Number (EIN) | 136088786 |
| Name of Organization | Quaker Hill Foundation |
| In Care of Name | Brown Bros Harriman |
| Address | PO BOX 111, North Andover, MA 01845-0111 |
| Activities | Other school related activities, Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 11/1959 |
| 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 | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $2,903,187 |
| Amount of Income | $1,080,030 |
| Form 990 Revenue Amount | $218,375 |
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 | $218,375 | $218,375 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $24,489 | |||
| Dividends and interest from securities | $49,447 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $144,439 | |||
| Total expenses and disbursements | $215,590 | $29,459 | $0 | $186,131 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $45,672 | $29,459 | $16,213 | |
| Contributions, gifts, grants paid | $169,918 | |||
| Excess of revenue over expenses and disbursements | $2,785 | |||
| Net investment income | $188,916 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,903,187 | $3,243,637 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $50,199 | |
| Investments-corporate stock | $2,348,420 | |
| Investments-corporate bonds | $455,134 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $49,434 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,903,187 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $144,439 |
| 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 | $3,778 |
| Total credits and payments | $4,889 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $2,856 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $2,033 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Overpayment | $1,111 |
| Amount to be credited to 2012 estimated tax | $1,111 |
| 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 | $3,443,795 |
| Net value of noncharitable-use assets | $3,392,140 |
| Minimum investment return | $169,607 |
| Distributable Amount (for 2011) | |
| Distributable amount | $165,829 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $165,829 |
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Quaboag Highlanders Pipe Band | PO BOX 541, Monson, MA 01057-0541 | MA | 2004-04 | $26,005 |
| 2 | Quaboag People United For Safety And Health Fund Inc | 159 Main St, Spencer, MA 01562-2114 | MA | 1988-11 | $510 |
| 3 | Quaboag Quacumquasit Lake Association Inc | PO BOX 370, E Brookfield, MA 01515-0370 | MA | 1999-02 | $41,471 |
| 4 | Quaboag Regional High School Athletic Booster Club Inc | PO BOX 780, Warren, MA 01083-0780 | MA | 2008-05 | $15,308 |
| 5 | Quaboag Scottish Festival Assn Inc | 69 Maple St, Easthampton, MA 01027-1752 | MA | 1994-09 | $343 |
| 6 | Quaboag Valley Business Assistance Corporation | 23 West Main Street, Ware, MA 01082-1359 | MA | 1995-12 | $659,254 |
| 7 | Quaboag Hills Chamber Of Commerce Inc | 3 Converse St Ste 103, Palmer, MA 01069-1538 | MA | 1978-10 | $164,680 |
| 8 | Quaboag Valley Community Development Corporation | 23 West Main St, Ware, MA 01082-1359 | MA | 1998-06 | $374,330 |
| 9 | Quadequina Company, R H Kunz Trea | PO BOX 272, Mattapoisett, MA 02739-0272 | MA | 1945-03 | $171,007 |
| 10 | Quadraplex Housing Inc | 169 Summer St, Kingston, MA 02364-1220 | MA | 1984-09 | $345,298 |
| 11 | Quaker Hill Foundation | PO BOX 111, North Andover, MA 01845-0111 | MA | 1959-11 | $1,080,030 |
| 12 | Quaker Meadows Resident Council Inc | 65 Memorial Park Ave, Lynn, MA 01902-2615 | MA | 1982-12 | $75,770 |
| 13 | Qualters Middle School Parent Advisory Council Inc | 240 East St, Mansfield, MA 02048-2526 | MA | 1998-11 | $65,664 |
| 14 | Quannapowitt Players Inc | 55 Hopkins St, Reading, MA 01867-3917 | MA | 1975-09 | $82,485 |
| 15 | Quannapowitt Yacht Club | 144 Howard St, Reading, MA 01867-3341 | MA | 1998-03 | $68,413 |
| 16 | Quansoo Beach Association Inc | 18 Post Oak Road, Chilmark, MA 02535 | MA | 2009-03 | $0 |
| 17 | Quantico Marine Athletes | 274 Beacon St Ste Unit 8r, Boston, MA 02116-1230 | MA | 2003-05 | $13,223 |
| 18 | Que Shing Chinese Music And Opera Group Inc | 90 Tyler Street, Boston, MA 02111-1811 | MA | 2003-05 | $58,256 |
| 19 | Quebec Labrador Foundation Inc | 55 S Main St, Ipswich, MA 01938-2321 | MA | 1964-05 | $2,420,951 |
| 20 | Queer Soup Inc | 32 Essex Street 2, Cambridge, MA 02139 | MA | 2006-10 | $0 |
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