S Richard & Patricia R Penni Charitable Foundation in Westwood, 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
| S Richard & Patricia R Penni Charitable Foundation | |
| Employer Identification Number (EIN) | 043037802 |
| Name of Organization | S Richard & Patricia R Penni Charitable Foundation |
| Address | 19 Skyline Dr, Westwood, MA 02090-1071 |
| Activities | Supplying money, goods or services to the poor |
| Subsection | Charitable Organization |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Association |
| 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 | $35,388 |
| Amount of Income | $10,887 |
| Form 990 Revenue Amount | $9,954 |
Non-representatives - add comments:
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 | $12,054 | $12,054 | $12,054 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $12,054 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $17,410 | $0 | $0 | $16,500 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $910 | $0 | $0 | |
| Contributions, gifts, grants paid | $16,500 | |||
| Excess of revenue over expenses and disbursements | $-5,356 | |||
| Net investment income | $12,054 | |||
| Adjusted net income | $12,054 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $39,821 | $294,107 |
| Cash - non-interest-bearing | $14,817 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $25,004 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $490 | |
| Mortgages and other notes payable | $0 | |
| Other | $490 | |
| Total liabilities and net assets/fund balances | $39,331 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $241 |
| Total credits and payments | $201 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $200 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $40 |
| 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 | $289,925 |
| Net value of noncharitable-use assets | $285,580 |
| Minimum investment return | $14,279 |
| Distributable Amount (for 2012) | |
| Distributable amount | $14,038 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $14,038 |
| 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 | Ryan Patrick Jones Heart Of A Hero Foundation Inc | 127 State Rd W, Westminster, MA 01473-1315 | MA | 2008-06 | $59,071 |
| 2 | Ryans Hope For A Cure Charitable Foundation Inc | 6 Maple Ter, Plainville, MA 02762-1947 | MA | 2004-09 | $23,502 |
| 3 | Ryf Inc | PO BOX 51, Rockland, MA 02370-0051 | MA | 1996-12 | $71,316 |
| 4 | Rylin Charitable Foundation | C/O Walter And Jen Kelt 8 Jonas, Concord, MA 01742 | MA | 2004-06 | $1 |
| 5 | S A I L S Incorporated | 10 Riverside Dr Ste 102, Lakeville, MA 02347-1689 | MA | 1996-10 | $1,310,546 |
| 6 | S A M H Corporation, Second African Meeting House Corp | 150 Warren St, Roxbury, MA 02119-3234 | MA | 1997-04 | $403,333 |
| 7 | S A V E Our Kids Outreach Inc | 385 Eastern Ave, Springfield, MA 01109-3743 | MA | 1995-04 | $41,769 |
| 8 | S L I Mclaughlin House Inc | 400 W Cummings Park Ste 6100, Woburn, MA 01801-6512 | MA | 1999-09 | $89,535 |
| 9 | S M I L E Pre-School Inc | 7173 Humboldt Ave, Roxbury, MA 02119-1670 | MA | 1981-10 | $1,482,943 |
| 10 | S Melvin Rines Foundation | 21 Sudbury Rd, Weston, MA 02493-1332 | MA | 1987-03 | $31,403 |
| 11 | S Richard & Patricia R Penni Charitable Foundation | 19 Skyline Dr, Westwood, MA 02090-1071 | MA | $10,887 | |
| 12 | S S & W Charitable Foundation | 78 Arlington Rd, Chestnut Hill, MA 02467-2615 | MA | 1965-03 | $3,525 |
| 13 | S S Cosmos & Damian Society Inc | 17 Porter St, Cambridge, MA 02141-1012 | MA | 2001-12 | $96,653 |
| 14 | S S Family Foundation Inc | 45 School St-5th Floor, Boston, MA 02108-3206 | MA | 1967-12 | $54,224 |
| 15 | S S Fisher Foundation Inc | 56 Bakers Hill Rd, Weston, MA 02493-1773 | MA | 1956-04 | $6,953 |
| 16 | S S S S A Inc | PO BOX 647, Rockland, MA 02370-0647 | MA | 2008-12 | $146,472 |
| 17 | S Sydney Deyoung Foundation | C/O Alvin Levy Trustee 300 Congress, Quincy, MA 02169 | MA | 1981-11 | $185,852 |
| 18 | Sabic Innovative Plastics Headquarters Employee Assoc Of | 1 Plastics Ave, Pittsfield, MA 01201-3662 | MA | 2003-11 | $118,737 |
| 19 | Sabre Foundation Inc | 82 Brookline St, Newton, MA 02467-3038 | MA | 1969-11 | $4,357,118 |
| 20 | Sabrinas Foundation Inc | C/O Klr 800 South Street No 300, Waltham, MA 02453 | MA | 2007-02 | $8,790 |
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