The Devonshire Foundation Inc 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Massachusetts
| The Devonshire Foundation Inc | |
| Employer Identification Number (EIN) | 046004808 |
| Name of Organization | The Devonshire Foundation Inc |
| In Care of Name | Howland Capital |
| Address | 75 Federal St Ste 1100, Boston, MA 02110-1936 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization, Educational Organization, Scientific Organization |
| Ruling Date | 06/1951 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $32,856,648 |
| Amount of Income | $6,426,242 |
| Form 990 Revenue Amount | $697,118 |
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 | $1,576,921 | $1,600,702 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $740,960 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $274,173 | |||
| Other | $561,788 | |||
| Total expenses and disbursements | $2,178,069 | $225,481 | $0 | $2,041,981 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $136,088 | $225,481 | $0 | |
| Contributions, gifts, grants paid | $2,041,981 | |||
| Excess of revenue over expenses and disbursements | $-601,148 | |||
| Net investment income | $1,375,221 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $31,128,181 | $39,760,089 |
| Cash - non-interest-bearing | $89,752 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $22,667,432 | |
| Investments-corporate bonds | $3,306,093 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $5,064,904 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $31,128,181 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $561,788 |
| 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 | $27,504 |
| Total credits and payments | $36,400 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $6,400 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $30,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $8,896 |
| Amount to be credited to 2013 estimated tax | $1,000 |
| 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 | $39,274,982 |
| Net value of noncharitable-use assets | $38,685,860 |
| Minimum investment return | $1,934,293 |
| Distributable Amount (for 2012) | |
| Distributable amount | $1,906,789 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $1,906,789 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $-306 | $0 | $-306 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $-306 | $0 | $-306 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $-24,640 |
| Unrelated business taxable income before net operating loss deduction | $-306 |
| Net operating loss deduction | $24,334 |
| Unrelated business taxable income before specific deduction | $-24,640 |
| Specific deduction | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
Ben And Rose Cole Charitable Pria Foundation in Boston, MA
|
|
Chefs Table Foundation in Boston, MA
|
|
Chester Square Neighborhood Association Inc in Boston, MA
|
|
Landry Family Charitable Foundation 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
|
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Stoneman Family Foundation | 400 Atlantic Ave, Boston, MA 02110-3331 | MA | 1959-03 | $15,262,329 |
| 2 | Sudbury Foundation, Private Bank Tax Dept T-05-01 | 225 Franklin St, Boston, MA 02110-2804 | MA | 1954-11 | $4,299,622 |
| 3 | Sumner & Esther Feldberg Foundation, Feldberg Sumner & Esther Ttees | PO BOX 9175, Framingham, MA 01701-9175 | MA | 1990-03 | $147,818 |
| 4 | Swartz Foundation, Shapiro Robert N Ttee | 800 Boylston St, Boston, MA 02199-8001 | MA | 1995-09 | $16,680,012 |
| 5 | Technical Development Corporation | 31 Milk St Ste 310, Boston, MA 02109-5138 | MA | 1968-11 | $2,218,134 |
| 6 | Technology Review Inc | 1 Main St Ste 13, Cambridge, MA 02142-1517 | MA | 2002-05 | $7,694,000 |
| 7 | The A&a Fund, Lowery R Brinckerhoff Ttee | 101 Arch St 18th Fl, Boston, MA 02110-1130 | MA | 1992-03 | $2,311,350 |
| 8 | The Algebra Project Inc | 99 Bishop Allen Drive, Cambridge, MA 02139-3428 | MA | 1992-01 | $783,790 |
| 9 | The Boston Conservatory | 8 The Fenway, Boston, MA 02215-4006 | MA | 1937-12 | $40,898,977 |
| 10 | The Byrnes Family Foundation, Sullivan And Worcester Llp | 1 Po Sq, Boston, MA 02109-2106 | MA | 1985-11 | $1,166,003 |
| 11 | The Devonshire Foundation Inc | 75 Federal St Ste 1100, Boston, MA 02110-1936 | MA | 1951-06 | $6,426,242 |
| 12 | The Farm School Inc | 488 Moore Hill Rd, Athol, MA 01331-1032 | MA | 1989-06 | $1,453,133 |
| 13 | The Finnish Center At Saima Park | PO BOX 30, Fitchburg, MA 01420-0001 | MA | 1994-04 | $46,648 |
| 14 | The Fund For Parks And Recreation In Boston | 1010 Massachusetts Avenue, Boston, MA 02118-2600 | MA | 2007-08 | $6,398,522 |
| 15 | The Gloria Wilcher Foundation | 217 Humphrey Street, Swampscott, MA 01907-2568 | MA | 1985-12 | $27,563 |
| 16 | The Goldhirsh Foundation Inc, Thielen Richard | 101 Federal St Fl 14, Boston, MA 02110-1859 | MA | 2001-05 | $32,829,427 |
| 17 | The Grantham Foundation For The Protection Of The Environment | 40 Rowes Wharf, Boston, MA 02110-3340 | MA | 1998-01 | $79,246,476 |
| 18 | The Massachusetts Institute For A New Commonwealth Inc, Ideas Boston | 11 Beacon St Ste 500, Boston, MA 02108-3006 | MA | 1995-08 | $2,239,587 |
| 19 | The Mediation Group Inc | 235 Cypress St Ste 300, Brookline, MA 02445-6777 | MA | 1986-11 | $966,589 |
| 20 | The Morningside Foundation | 1188 Centre Street, Newton Centre, MA 02459-1556 | MA | 1997-11 | $10,949,911 |
Organization representatives - add corrected or new information about The Devonshire Foundation Inc »
Non-representatives - add comments about The Devonshire Foundation Inc»