Lauer Philanthropic Foundation in Lutherville, Maryland (MD)
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 Maryland
| Lauer Philanthropic Foundation | |
| Employer Identification Number (EIN) | 522036406 |
| Name of Organization | Lauer Philanthropic Foundation |
| In Care of Name | Arnold Fleischmann |
| Address | 11202 Woodland Dr, Lutherville, MD 21093-3514 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 08/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,570,009 |
| Amount of Income | $1,770,177 |
| Form 990 Revenue Amount | $184,530 |
| National Taxonomy of Exempt Entities (NTEE) | Unknown: Unknown |
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 | $229,504 | $100,794 | $0 | |
| Contributions, gifts, grants, etc., received | $128,710 | |||
| Interest on savings and temporary cash investments | $2 | |||
| Dividends and interest from securities | $97,397 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $3,395 | |||
| Total expenses and disbursements | $180,534 | $950 | $0 | $124,733 |
| Compensation of officers, directors, trustees, etc. | $15,000 | |||
| Total operating and administrative expenses | $55,801 | $950 | $0 | |
| Contributions, gifts, grants paid | $124,733 | |||
| Excess of revenue over expenses and disbursements | $48,970 | |||
| Net investment income | $99,844 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,280,290 | $2,583,428 |
| Cash - non-interest-bearing | $50,760 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,755,624 | |
| Investments-corporate bonds | $399,176 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $11,400 | |
| Other | $63,330 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,280,290 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $3,395 |
| 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 | $1,997 |
| Total credits and payments | $2,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $2,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $45 |
| Tax due | $42 |
| 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? | 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? | 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 | $2,462,605 |
| Net value of noncharitable-use assets | $2,425,660 |
| Minimum investment return | $121,283 |
| Distributable Amount (for 2012) | |
| Distributable amount | $119,286 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $119,286 |
| 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 Maryland | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Last Chance Animal Rescue Inc | PO BOX 1670, White Plains, MD 20695-1670 | MD | 2001-11 | $2,220,216 |
| 2 | Laszlo N Tauber Family Foundation Inc | 6000 Executive Blvd Ste 600, N Bethesda, MD 20852-3818 | MD | 2003-12 | $42,080,536 |
| 3 | Laszlo N Tauber M D Charitable Foundation Inc | 5110 Ridgefield Rd Ste 413, Bethesda, MD 20816-3346 | MD | 1990-11 | $84,879 |
| 4 | Latin American Healthcare Credit Initiative Inc | 3 Bethesda Metro Ctr Ste 700, Bethesda, MD 20814-6300 | MD | 2006-03 | $3,495 |
| 5 | Latinlink Institute Inc | 919 Kosciuszko Avenue, Glen Burnie, MD 21060 | MD | 2002-05 | $15,001 |
| 6 | Latino Providers Network Inc | 320 S Regester St 2nd Fl, Baltimore, MD 21231-2417 | MD | 2005-08 | $24,304 |
| 7 | Latinos For Progress Inc | 3026 East Baltimore Street, Baltimore, MD 21224 | MD | 2004-06 | $0 |
| 8 | Latinos United Of Montgomery | 15831 Crabbs Branch Way, Rockville, MD 20855-6627 | MD | 2001-04 | $120,360 |
| 9 | Latvian Evangelical Lutheran Church Home For The Elderly Inc | 402 Hurley Ave Apt 104, Rockville, MD 20850-2064 | MD | 1990-04 | $129,905 |
| 10 | Latvijas Brivibas Fonds Ltd | 400 Hurley Ave, Rockville, MD 20850-3121 | MD | 1987-05 | $87,557 |
| 11 | Lauer Philanthropic Foundation | 11202 Woodland Dr, Lutherville, MD 21093-3514 | MD | 1998-08 | $1,770,177 |
| 12 | Laura L Freedlander Foundation Inc | 12 Roland Mews, Baltimore, MD 21210-1562 | MD | 2000-11 | $47,023 |
| 13 | Lauraville Business Association Inc | 4341 Harford Rd, Baltimore, MD 21214-3118 | MD | 2009-03 | $10 |
| 14 | Laurel Advocacy And Referral Services Inc | 311 Laurel Ave, Laurel, MD 20707-4319 | MD | 1988-05 | $1,089,546 |
| 15 | Laurel Board Of Trade Inc | 383 Main St, Laurel, MD 20707-4132 | MD | 1992-07 | $65,046 |
| 16 | Laurel Boys And Girls Club Inc | 701 Montgomery Street, Laurel, MD 20707-4072 | MD | 1969-09 | $440,376 |
| 17 | Laurel Cable Network Foundation Inc | 8193 Sandy Spring Rd, Laurel, MD 20707 | MD | 1988-01 | $77,734 |
| 18 | Laurel Historical Society Inc | PO BOX 774, Laurel, MD 20725-0774 | MD | 1991-07 | $153,590 |
| 19 | Laurel Lions Foundation Inc | PO BOX 13, Laurel, MD 20725-0013 | MD | 1998-11 | $41,546 |
| 20 | Laurel Lodge No 1504 Loyal Order Of Moose, 1504 | 3340 Fort Meade Road, Laurel, MD 20724-2002 | MD | 1935-08 | $149,916 |



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