The Herman And Walter Samuelson Foundation in Towson, 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
- Organizations performing similar types of work
| The Herman And Walter Samuelson Foundation | |
| Employer Identification Number (EIN) | 521921761 |
| Name of Organization | The Herman And Walter Samuelson Foundation |
| In Care of Name | D Sylvan Friedman |
| Address | 409 Washington Ave Ste 900, Towson, MD 21204-4905 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $1 to $9,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $1 |
| Amount of Income | $1,169,078 |
| Form 990 Revenue Amount | $99,467 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations |
Non-representatives - add comments:
Amount of income in 2011: $1,169,078 (it was $723,481 in 2010)
| This organization: | $1,169,078 |
| Other organizations performing similar types of work: | $120,021 |
Assets in 2011: $1 (it was $9,283,485 in 2010)
| The Herman And Walter Samuelson Foundation: | $1 |
| Other organizations performing similar types of work: | $470,342 |
Expenses in 2011: $620,679
| This organization: | $620,679 |
| Other organizations performing similar types of work: | $61,754 |
Income to expenses ratio in 2011: 1.9
| This organization: | 1.9 |
| Other organizations performing similar types of work: | 2.0 |
Revenue for 2011
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $99,467 | $202,650 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $39 | |||
| Dividends and interest from securities | $137,311 | |||
| Gross rents | $65,300 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $620,679 | $56,143 | $0 | $564,536 |
| Compensation of officers, directors, trustees, etc. | $35,119 | |||
| Total operating and administrative expenses | $70,179 | $56,143 | $14,036 | |
| Contributions, gifts, grants paid | $550,500 | |||
| Excess of revenue over expenses and disbursements | $-521,212 | |||
| Net investment income | $146,507 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1 | $0 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $1 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $0 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $-103,183 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $2,930 |
| Total credits and payments | $14,227 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $14,227 |
| 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 |
| Overpayment | $11,297 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $10,958,323 |
| Net value of noncharitable-use assets | $10,793,940 |
| Minimum investment return | $539,697 |
| Distributable Amount (for 2011) | |
| Distributable amount | $536,767 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $536,767 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $511,908 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 |
Kidcare Fund Inc in Towson, MD
  |
| Orokawa Foundation Inc, Martin J Eby in Towson, MD |
Edenwald Residents Association in Towson, MD
 |
|
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
|
|
Phoenix Wildlife Center Inc in Phoenix, MD
|
| Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD |
|
Bright Eyes Sanctuary Inc in Hagerstown, MD
|
|
St Mary Episcopal Church in Woodlawn, MD
|
| Turning Point Church in Rockville, MD |
|
Beaverbrook Community Association Inc in Columbia, MD
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Devito Family Trust | 5100 Falls Rd Ste 220, Baltimore, MD 21210-1935 | MD | 1994-12 | $2,299,004 |
| 2 | Sheldon And Audrey Katz Foundation Inc | PO BOX 4337, Silver Spring, MD 20914-4337 | MD | 1997-11 | $1,255,566 |
| 3 | The Alper Family Foundation Inc | 8601 Ga Ave 1001 R Philipson Co, Silver Spring, MD 20910 | MD | 1995-05 | $1,230,306 |
| 4 | The Herman And Walter Samuelson Foundation | 409 Washington Ave Ste 900, Towson, MD 21204-4905 | MD | 1995-05 | $1,169,078 |
| 5 | The Harvey M Meyerhoff Fund Inc | 1 South St Ste 1000, Baltimore, MD 21202-7301 | MD | 1995-04 | $736,194 |
| 6 | The Julius And Dorothy Lazarus Foundation Inc | 4550 Montgomery Ave Ste 650n, Bethesda, MD 20814-3250 | MD | 1995-02 | $708,517 |
| 7 | Sidgmore Family Foundation | 9505 Persimmon Tree Rd, Potomac, MD 20854-4331 | MD | 1997-06 | $371,276 |
| 8 | The Morgan Family Foundation Incorporated | 11134 Old Carriage Rd, Glen Arm, MD 21057-9416 | MD | 1995-12 | $145,224 |
| 9 | The Sinsky-Kresser-Racusin Memorial Foundation Inc | 2416 Velvet Valley Way, Owings Mills, MD 21117-3036 | MD | 1995-01 | $140,917 |
| 10 | Weitzman Family Foundation Inc | 3939 Washington Blvd, Baltimore, MD 21227-4132 | MD | 1997-11 | $135,075 |
| 11 | The Dalton Family Foundation Inc | 901 South Bond Street, Baltimore, MD 21231-3339 | MD | 1995-02 | $104,007 |
| 12 | The Sandra & Mitchell Knisbacher Foundation Inc | 29 W Susquehanna, Baltimore, MD 21204-5201 | MD | 1997-04 | $100,000 |
| 13 | S Adam Schloss Foundation Inc | 750 E Pratt St Ste 900, Baltimore, MD 21202-3157 | MD | 1997-07 | $77,614 |
| 14 | Schuble Family Foundation Inc | 4800 Montgomery Ln 10th Flr, Bethesda, MD 20814-3429 | MD | 1998-01 | $65,114 |
| 15 | Joy Ministries Inc | 32155 Flower Hill Church Rd, Eden, MD 21822 | MD | 1998-02 | $64,718 |
| 16 | The Foundation For Marylands Future, Bainum Stewart Jr Ttee | 8171 Maple Lawn Blvd Ste 375, Fulton, MD 20759-2531 | MD | 1995-01 | $55,703 |
| 17 | The John O Mitchell Family Charitable Trust, Mitchell O John Iii Et Al Ttee | 6500 York Rd, Baltimore, MD 21212-2114 | MD | 1997-01 | $13,890 |
| 18 | Shoshana S Cardin Family Foundation Inc | 3624 Anton Farms Rd, Baltimore, MD 21208-1704 | MD | 1997-08 | $7,752 |
| 19 | The Walter M Meinhardt Sr Family Foundation Inc | 14145 Brandywine Rd, Brandywine, MD 20613-3003 | MD | 1995-10 | $5,329 |
| 20 | The Doreen L Brown Family Charitable Foundation | 7900 Wisconsin Ave Ste 403, Bethesda, MD 20814-3633 | MD | 1995-02 | $1,982 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,744 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about The Herman And Walter Samuelson Foundation »
Non-representatives - add comments about The Herman And Walter Samuelson Foundation»