Scholarship Fund Of Kappa Sigma Fraternity Inc in Peabody, 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
| Scholarship Fund Of Kappa Sigma Fraternity Inc | |
| Employer Identification Number (EIN) | 042986731 |
| Name of Organization | Scholarship Fund Of Kappa Sigma Fraternity Inc |
| Address | PO BOX 3592, Peabody, MA 01961-3592 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 08/1990 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $139,641 |
| Amount of Income | $40,092 |
| Form 990 Revenue Amount | $8,960 |
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 | $15,489 | $5,604 | $8,805 | |
| Contributions, gifts, grants, etc., received | $1,080 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $3,809 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $8,805 | |||
| Other | $1,795 | |||
| Total expenses and disbursements | $24,749 | $595 | $4,749 | $19,405 |
| Compensation of officers, directors, trustees, etc. | $3,000 | |||
| Total operating and administrative expenses | $10,749 | $595 | $5,405 | |
| Contributions, gifts, grants paid | $14,000 | |||
| Excess of revenue over expenses and disbursements | $-9,260 | |||
| Net investment income | $5,009 | |||
| Adjusted net income | $4,056 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $153,026 | $163,619 |
| Cash - non-interest-bearing | $32,813 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $120,213 | |
| Total liabilities | $400 | |
| Mortgages and other notes payable | $0 | |
| Other | $400 | |
| Total liabilities and net assets/fund balances | $152,626 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $1,795 |
| 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 | $50 |
| Total credits and payments | $594 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $594 |
| 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 | $0 |
| Overpayment | $544 |
| Amount to be credited to 2013 estimated tax | $544 |
| 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? | Yes |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
| 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? | Yes |
| 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 | $161,448 |
| Net value of noncharitable-use assets | $159,020 |
| Minimum investment return | $7,951 |
| Distributable Amount (for 2012) | |
| Distributable amount | $7,901 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $7,901 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Reason Alliance Ltd in Somerville, MA |
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Schaffel Family Foundation Inc | 126 Billings St, Sharon, MA 02067-2144 | MA | 2004-06 | $11,878 |
| 2 | Schechter Foundation, Schechter David Ttee | 60 Kensington Cir, Chestnut Hill, MA 02467-2624 | MA | 1998-12 | $114,775 |
| 3 | Scheick-Verrochki Fam Foundation Inc | C/O R Donovan 265 Washington St, Westwood, MA 02090 | MA | 1995-09 | $3,475,587 |
| 4 | Schelzi Family Foundation | PO BOX 540, Wakefield, MA 01880-4440 | MA | 2004-01 | $1,439,235 |
| 5 | Scherr Family Foundation, Scherr Richard A Et Al Ttees | 21a Highland Circle No 200, Needham, MA 02494-3011 | MA | 2000-02 | $69,667 |
| 6 | Schlager Family Foundation Inc | 250 1st Ave Ste 200, Needham, MA 02494-2885 | MA | 2006-03 | $501,328 |
| 7 | Schley Family Foundation, Bakinowski Daniel Ttee | Atlantic Trust Co 100 Federal St, Boston, MA 02110 | MA | 2001-01 | $115,770 |
| 8 | Schoen Family Foundation | 50 Congress St Ste 1025, Boston, MA 02109-4022 | MA | 2001-03 | $766,943 |
| 9 | Schofield School Pto | C/O Schofield School 27 Cedar, Wellesley, MA 02481 | MA | 1994-07 | $101,460 |
| 10 | Scholarship America Inc, Marblehead Dollars For Scholars Inc | PO BOX 4, Marblehead, MA 01945-0004 | MA | 1962-04 | $152,441 |
| 11 | Scholarship Fund Of Kappa Sigma Fraternity Inc | PO BOX 3592, Peabody, MA 01961-3592 | MA | 1990-08 | $40,092 |
| 12 | Scholarship Fund Of Tau Beta Beta Inc | C/O Nancy Saunders 35 Mayo Road, Wellesley, MA 02482 | MA | 1964-05 | $399,674 |
| 13 | Scholarship Fund Of Worcester District Medical Society | 321 Main St, Worcester, MA 01608-1532 | MA | 1997-08 | $109,081 |
| 14 | School & Main Institute Inc | 225 Friend Street 11, Boston, MA 02114-1800 | MA | 1998-06 | $873,247 |
| 15 | School For Field Studies Inc | 100 Cummings Ctr Ste 534g, Beverly, MA 01915-6239 | MA | 1981-04 | $9,141,269 |
| 16 | School For Jewish Studies Inc | 288 Newtonville Ave, Newtonville, MA 02460-2011 | MA | 1989-05 | $46,124 |
| 17 | School Inc, River Valley Academy | 30 Center St, Holyoke, MA 01040-6233 | MA | 1972-03 | $1,150,797 |
| 18 | School Nutrition Association Of Massachusetts Inc | 258 Harvard St Pmb 283, Brookline, MA 02446-2904 | MA | 1982-05 | $428,263 |
| 19 | School Of Nursing Of New England Deaconess Hospital Inc, Alumnae Assoc | One Deaconess Rd, Boston, MA 02115-6007 | MA | 1943-01 | $16,098 |
| 20 | School On Wheels Of Massachusetts Inc | 790 W Chestnut St, Brockton, MA 02301-5513 | MA | 2004-09 | $592,483 |
Organization representatives - add corrected or new information about Scholarship Fund Of Kappa Sigma Fraternity Inc »
Non-representatives - add comments about Scholarship Fund Of Kappa Sigma Fraternity Inc»