Swift Charity in Boston, 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
| Swift Charity | |
| Employer Identification Number (EIN) | 046052150 |
| Name of Organization | Swift Charity |
| In Care of Name | Russell Brier & Co |
| Address | Ten Post Office Square 6th Fl, Boston, MA 02109 |
| Activities | Gifts or grants to individuals (other than scholarships) |
| Subsection | Charitable Organization |
| Ruling Date | 01/1934 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $556,325 |
| Amount of Income | $352,430 |
| Form 990 Revenue Amount | $38,884 |
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 | $50,422 | $50,422 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $15,596 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $34,826 | |||
| Total expenses and disbursements | $76,489 | $7,616 | $0 | $55,347 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $36,489 | $7,616 | $15,347 | |
| Contributions, gifts, grants paid | $40,000 | |||
| Excess of revenue over expenses and disbursements | $-26,067 | |||
| Net investment income | $42,806 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $537,120 | $664,486 |
| Cash - non-interest-bearing | $1,996 | |
| Investments-U.S. and state government obligations | $30,880 | |
| Investments-corporate stock | $389,071 | |
| Investments-corporate bonds | $48,966 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $14,633 | |
| Other | $51,574 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $537,120 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $34,826 |
| 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 | $428 |
| Total credits and payments | $320 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $320 |
| 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 | $108 |
| 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 | $675,652 |
| Net value of noncharitable-use assets | $665,520 |
| Minimum investment return | $33,276 |
| Distributable Amount (for 2012) | |
| Distributable amount | $32,848 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $32,848 |
| 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 | Suzuki School Of Newton Inc | PO BOX 66022, Auburndale, MA 02466-0001 | MA | 1994-06 | $1,003,053 |
| 2 | Swampscott Historical Society | 99 Paradise Rd, Swampscott, MA 01907-1955 | MA | 2004-10 | $19,673 |
| 3 | Swampscott Yacht Club | PO BOX 12, Swampscott, MA 01907-0012 | MA | 2003-10 | $118,422 |
| 4 | Swampscott Youth Basketball Association Inc | 41 Salem St, Swampscott, MA 01907-1345 | MA | 2009-06 | $28,530 |
| 5 | Swansea Police Patrolmens Association | 360 Harborview Boulevard, Swansea, MA 02777 | MA | 1993-08 | $0 |
| 6 | Swedish Cemetery Corporation | 7 Island Drive, Worcester, MA 01606 | MA | 1942-02 | $639,614 |
| 7 | Swedish Ski Club Inc | 44 Cedar St, Lexington, MA 02421-6738 | MA | 1971-11 | $96,092 |
| 8 | Swedish Womens Educational Association, Boston | 70 Central St, Acton, MA 01720-2724 | MA | 1979-12 | $98,020 |
| 9 | Sweet Adelines International, Boston Skyline Chapter | 7 Arlene Dr, Framingham, MA 01701-4518 | MA | 1955-10 | $61,722 |
| 10 | Sweetpea Friends Of Rutland Animals | 338 Pommogussett Rd, Rutland, MA 01543-1403 | MA | 2002-08 | $117,718 |
| 11 | Swift Charity | Ten Post Office Square 6th Fl, Boston, MA 02109 | MA | 1934-01 | $352,430 |
| 12 | Swift River Sportsmens Club Inc | 270 Monson Turnpike Rd, Ware, MA 01082-9268 | MA | 2006-10 | $188,877 |
| 13 | Swift River Valley Historical Society Inc | PO BOX 22, New Salem, MA 01355-0022 | MA | 1969-04 | $76,610 |
| 14 | Swiss Society Of Boston | 27 Verndale St Apt 2, Brookline, MA 02446-2466 | MA | 1973-05 | $15,521 |
| 15 | Swiss-American Chamber Of Commerce Boston Chapter Inc | 420 Broadway, Cambridge, MA 02138-4231 | MA | 2009-04 | $7,303 |
| 16 | Sycamore Canyon Plaza Inc | Two Seaport Lane, Boston, MA 02210-2001 | MA | 2000-07 | $4,043,996 |
| 17 | Sylvester Memorial Fund Incorporated, Hall Thomas P Ttee | 102 Thistle Patch Way, Hingham, MA 02043-2817 | MA | 1996-07 | $7,287 |
| 18 | Sylvias Haven Inc | 7 Foster Street, Revere, MA 02151-3419 | MA | 1987-12 | $36,318 |
| 19 | Symes Family Charitable Foundation Inc | 50 Dodge Street, Beverly, MA 01915-1711 | MA | 2000-11 | $282,561 |
| 20 | Symphony By The Sea | PO BOX 1425, Marblehead, MA 01945-5425 | MA | 1981-09 | $58,702 |
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