Saul & Gertrude Marcus Foundation in Worcester, 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
| Saul & Gertrude Marcus Foundation | |
| Employer Identification Number (EIN) | 046130257 |
| Name of Organization | Saul & Gertrude Marcus Foundation |
| Address | 22 Front St, Worcester, MA 01614-1400 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 12/1959 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 03/2014 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $364 |
| Amount of Income | $35 |
| Form 990 Revenue Amount | $100 |
Non-representatives - add comments:
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 | $1 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1 | |||
| Total expenses and disbursements | $35 | $35 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $35 | $35 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-35 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $364 | $14 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $350 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $14 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $364 | |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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? | Yes |
| 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 | $381 |
| Net value of noncharitable-use assets | $380 |
| Minimum investment return | $19 |
| Distributable Amount (for 2012) | |
| Distributable amount | $19 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $19 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $19 |
| 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 | Saucony Run For Good Incorporated | 191 Spring St, Lexington, MA 02421-8045 | MA | 2009-05 | $91,101 |
| 2 | Saugus Business Education Collaborative Inc | 545 Salem Street, Wakefield, MA 01833 | MA | 1992-09 | $0 |
| 3 | Saugus Community Television Inc, Sctv | 1 Pierce Memorial Dr, Saugus, MA 01906-3268 | MA | 2008-01 | $2,138 |
| 4 | Saugus Community Track Association | 15 Mary Lou Terrace, Saugus, MA 01906 | MA | 2007-05 | $1,442 |
| 5 | Saugus Firefighters Relief Association Inc | 27 Hamilton St, Saugus, MA 01906-2259 | MA | 1962-08 | $80,355 |
| 6 | Saugus High School Scholarship Fund | 509 Main St, Saugus, MA 01906-3157 | MA | 2006-02 | $2,655 |
| 7 | Saugus Italian American Club Inc | 1 Beachview Ave, Saugus, MA 01906-3001 | MA | 1994-04 | $169,540 |
| 8 | International Association Of Lions Clubs, Saugus Lions Club Charitiesinc | Po Bos 1121, Saugus, MA 01906 | MA | 1940-12 | $0 |
| 9 | Saugus Public Library Foundation Inc | 509 Main St, Saugus, MA 01906-3157 | MA | 2009-02 | $55,102 |
| 10 | Saugus River Watershed Council Inc | 177 Forest St, Saugus, MA 01906-1959 | MA | 1997-05 | $74,177 |
| 11 | Saul & Gertrude Marcus Foundation | 22 Front St, Worcester, MA 01614-1400 | MA | 1959-12 | $35 |
| 12 | Saul & Gitta Kurlat Charitable Foundation | 64 Highland St, Cambridge, MA 02138-3332 | MA | 1985-07 | $9,439 |
| 13 | Saul B And Naomi R Cohen Foundation Inc | 87 Hammond St, Chestnut Hill, MA 02467-1132 | MA | 1998-06 | $2,500 |
| 14 | Savage Arms Employees Credit Union | PO BOX 404, Westfield, MA 01086-0404 | MA | 1947-11 | $59,071 |
| 15 | Savage Family Foundation | 946 Great Plain Ave 185, Needham, MA 02492-3030 | MA | 2000-08 | $1,674,563 |
| 16 | Saval Charitable Tr, Finn Peter B Ttee | 19 Brook Rd Ste 201, Needham, MA 02494-2946 | MA | 1990-07 | $780,266 |
| 17 | Save A Dog Inc | 18 Sherman Bridge Rd, Wayland, MA 01778-1214 | MA | 2000-01 | $465,315 |
| 18 | Save A Pet Society Inc | 100 Peck St, Seekonk, MA 02771-5116 | MA | 1995-01 | $51,846 |
| 19 | Save Fenway Inc | PO BOX 15300, Boston, MA 02215-0005 | MA | 1999-01 | $8,583 |
| 20 | Save Old St Marys | PO BOX 123, Mansfield, MA 02048-0123 | MA | 2007-09 | $14,135 |
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