Richard K And Nancy L Donahue Charitable Foundation, Donahue Richard X Ttee in Lowell, 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
| Richard K And Nancy L Donahue Charitable Foundation, Donahue Richard X Ttee | |
| Employer Identification Number (EIN) | 043133049 |
| Name of Organization | Richard K And Nancy L Donahue Charitable Foundation |
| Secondary Name | Donahue Richard X Ttee |
| Address | 52 Belmont Ave, Lowell, MA 01852-2865 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 10/1992 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Cooperative |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,850,475 |
| Amount of Income | $969,265 |
| Form 990 Revenue Amount | $273,421 |
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 | $562,232 | $562,232 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $52 | |||
| Dividends and interest from securities | $148,061 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $414,119 | |||
| Total expenses and disbursements | $1,421,076 | $9,394 | $0 | $1,409,300 |
| Compensation of officers, directors, trustees, etc. | $5,000 | |||
| Total operating and administrative expenses | $11,776 | $9,394 | $0 | |
| Contributions, gifts, grants paid | $1,409,300 | |||
| Excess of revenue over expenses and disbursements | $-858,844 | |||
| Net investment income | $552,838 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,190,932 | $3,304,423 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,281,892 | |
| Investments-corporate bonds | $616,738 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $292,302 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,190,932 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $414,119 |
| 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 | $5,528 |
| Total credits and payments | $2,609 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,609 |
| 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 | $2,919 |
| 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 | $4,073,893 |
| Net value of noncharitable-use assets | $4,012,780 |
| Minimum investment return | $200,639 |
| Distributable Amount (for 2012) | |
| Distributable amount | $195,111 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $195,111 |
| 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 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Richard And Susan Smith 1990 Charitable Trust | One Newton Executive Park Ste 104, Newton, MA 02462-1435 | MA | 1990-07 | $56,167 |
| 2 | Richard C Condorelli Memorial Foundation Inc | 32 South St Ste 100, Waltham, MA 02453-3555 | MA | 2009-01 | $65,352 |
| 3 | Richard C Minehan Foundation | 108 Gilson Road, Scituate, MA 02066 | MA | 2006-01 | $3 |
| 4 | Richard I Johnson Family Foundation | 124 Chestnut Hill Rd, Chestnut Hill, MA 02467-1310 | MA | 1963-11 | $13,528 |
| 5 | Richard J Magan Memorial Tr, Moniz Cathleen L Ttee | PO BOX 509, Fall River, MA 02722-0509 | MA | 2002-03 | $16,364 |
| 6 | Richard J Murphy Prime Time Inc | I Worrell Street, Boston, MA 02122 | MA | 2006-10 | $349,210 |
| 7 | Leahy-Holloran Community Center Inc | 1 Worrell St, Dorchester, MA 02122-3318 | MA | 1978-08 | $283,359 |
| 8 | Richard J Phelps Charitable Foundation | 599 North Ave Ste Door 8/2nd Fl, Wakefield, MA 01880-1648 | MA | 1991-03 | $298,424 |
| 9 | Richard J Testa Memorial Fund, Wilson Peter A Ttee | 111 Huntington Ave, Boston, MA 02199-7610 | MA | 2003-02 | $1,727 |
| 10 | Richard J Trifiro Foundation, Gruber Irene Et Al Ttee | 205 Newbury Street, Framingham, MA 01701-4581 | MA | 2000-11 | $165,373 |
| 11 | Richard K And Nancy L Donahue Charitable Foundation, Donahue Richard X Ttee | 52 Belmont Ave, Lowell, MA 01852-2865 | MA | 1992-10 | $969,265 |
| 12 | Richard K Lubin Family Foundation | 776 Boylston St Ph 1g, Boston, MA 02199-7853 | MA | 1987-03 | $19,980,697 |
| 13 | Richard M Allen Charitable Trust U D 12-23-85 M B | 223 Egremont Plain Rd Pmb 108, Gt Barrington, MA 01230-2284 | MA | 1986-08 | $277,697 |
| 14 | Richard M And Sandra D Oster Charitable Foundation | Schneider Schneider And Assoc Pc, Braintree, MA 02184 | MA | 1991-12 | $83,652 |
| 15 | Richard Patton Melick Foundation Inc | PO BOX 920101, Needham, MA 02492-0010 | MA | 1997-07 | $7,606 |
| 16 | Richard S Leghorn Foundation, Leghorn Richard S Ttee | 111 Huntington Ave, Boston, MA 02199-7610 | MA | 2000-06 | $676 |
| 17 | Richard S Thomas Jr Memorial Schloarship Fund | 535 Rogers Ave, W Springfield, MA 01089 | MA | 2007-05 | $8,608 |
| 18 | Richard Salters Storrs Library | 693 Longmeadow St, Longmeadow, MA 01106-2215 | MA | 1944-08 | $302,235 |
| 19 | Richard Saltonstall Charitable Foundation | 50 Congress St Ste 800, Boston, MA 02109-4034 | MA | 1964-11 | $3,813,504 |
| 20 | Richard Sparrow House Inc | 42 Summer St, Plymouth, MA 02360-3456 | MA | 1970-11 | $356,973 |
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