Broom Family Foundation in New London, New Hampshire (NH)

Broom Family Foundation
Employer Identification Number (EIN)	043341452
Name of Organization	Broom Family Foundation
In Care of Name	Strategic Timber Inc
Address	176 Newport Rd Unit 9, New London, NH 03257-5474
Activities	Gifts, grants, or loans to other organizations
Subsection	Charitable Organization
Ruling Date	04/1997
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 to $9,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$3,911,316
Amount of Income	$1,874
Form 990 Revenue Amount	$1,973,370
National Taxonomy of Exempt Entities (NTEE)	Arts, Culture and Humanities: Arts, Culture, and Humanities (Not Elsewhere Classified)

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2012)
Total revenue	$1,720,120	$339,061	$0
Contributions, gifts, grants, etc., received	$1,381,059
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$2,066
Gross rents	$0
Gross profit from sales of goods	$0
Other income	$0
Other	$336,995
Total expenses and disbursements	$1,472,508	$2,275	$0	$1,361,340
Compensation of officers, directors, trustees, etc.	$0
Total operating and administrative expenses	$133,713	$2,275		$22,545
Contributions, gifts, grants paid	$1,338,795
Excess of revenue over expenses and disbursements	$247,612
Net investment income		$336,786
Adjusted net income			$0

	Book Value	Fair Market Value
Balance Sheets (for 2012)
Total assets	$4,046,802	$2,667,565
Cash - non-interest-bearing	$0
Investments-U.S. and state government obligations	$0
Investments-corporate stock	$54,000
Investments-corporate bonds	$0
Investments-mortgage loans	$0
Investments-other	$0
Other	$3,992,802
Total liabilities	$0
Total liabilities and net assets/fund balances	$4,046,802

Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income	$336,995
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	$3,368
Total credits and payments	$7,278
2012 estimated tax payments and 2011 overpayment credited to 2012	$7,278
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	$3,910
Amount to be credited to 2013 estimated tax	$3,910

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	$245,087
Net value of noncharitable-use assets	$241,420
Minimum investment return	$12,071

Distributable Amount (for 2012)
Distributable amount	$8,703

Undistributed Income (for 2012)
Distributable amount for 2012	$8,703
Undistributed income for 2012. This amount must be distributed in 2013	$0

	2012	2011	2010	2009	Total
Private Operating Foundations (for 2012)
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!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Broom Family Foundation to others? (optional)

Yes

Add photo of Broom Family Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (216.73.217.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Plymouth Area Community Closet in Plymouth, NH
Dover Womenaid in Dover, NH
Clf Equestrian Team in New Durham, NH
The Area Choir Inc in Newport, NH
Wounded Warriors At 45 North in Pittsburg, NH
Family Promise Of Greater Concord Inc in Concord, NH
Yogacaps Inc in Merrimack, NH
Friends Of The Milton Free Public Library Inc in Milton Mills, NH
International Minority Hub in Manchester, NH
Veterans In Performing Arts -Vipa in Portsmouth, NH

Recently Added Reviews

Plymouth Area Community Closet in Plymouth, NH

Dover Womenaid in Dover, NH

Clf Equestrian Team in New Durham, NH

The Area Choir Inc in Newport, NH

Wounded Warriors At 45 North in Pittsburg, NH

Family Promise Of Greater Concord Inc in Concord, NH

Yogacaps Inc in Merrimack, NH

Friends Of The Milton Free Public Library Inc in Milton Mills, NH

International Minority Hub in Manchester, NH

Veterans In Performing Arts -Vipa in Portsmouth, NH

Id	Name	Address	State	Established	Total Income
Other organizations in New Hampshire
1	Bristol Community Services Inc	24 Pleasant St, Bristol, NH 03222-3003	NH	1971-03	$61,356
2	Bristol Downtown Revitalization Committee	PO BOX 128, Bristol, NH 03222-0128	NH	2006-08	$3,834
3	Bristol Nursery School Inc	Po Box 60, Bristol, NH 03222	NH	1979-04	$50,626
4	Bristol Recreation Advisory Council	30 N Main St, Bristol, NH 03222-3512	NH	1958-01	$488,894
5	Brookfield Arts Foundation	11 Keewaydin Dr Ste 100, Salem, NH 03079-2999	NH	1999-12	$89,420,154
6	Brookline Historical Society	PO BOX 595, Brookline, NH 03033-0595	NH	1983-06	$15,199
7	Brookline Hollis Youth Soccer League	PO BOX 658, Brookline, NH 03033	NH	2005-03	$0
8	Brookline Ice Breakers Snowmobile Club Inc	PO BOX 198, Brookline, NH 03033-0198	NH	2003-06	$10,079
9	Brookline Parent Teacher Organization	PO BOX 68, Brookline, NH 03033-0068	NH	2002-03	$25,554
10	Brookline Volunteer Fire Department Inc	P O Box 174, Brookline, NH 03033	NH	2001-09	$21,614
11	Broom Family Foundation	176 Newport Rd Unit 9, New London, NH 03257-5474	NH	1997-04	$1,874
12	Brown Monson Foundation	15 Dartmouth Drive, Auburn, NH 03032-3982	NH	1990-11	$570,252
13	Bryon Family Chartable Trust	4 Pinecrest Ln, Durham, NH 03824-3110	NH	1985-05	$971
14	Buckeye Legal Aid Services Inc	106 Black Hall Rd, Epsom, NH 03234-4344	NH	2004-03	$6,550
15	Busi Scholarship Fund	PO BOX 477, Concord, NH 03302-0477	NH	2001-05	$227,324
16	Business And Industry Association Of Nh	122 N Main St, Concord, NH 03301-4917	NH	1945-05	$1,358,713
17	Business Aviation Professional Of New England	81 Perimeter Rd, Nashua, NH 03063-1325	NH	2007-08	$33,685
18	Business Enterprise Development Corporation	177 Main Street, Berlin, NH 03570-2486	NH	1979-09	$138,826
19	Byrne Foundation Inc	3 Laramie Rd Box 599, Etna, NH 03750-3426	NH	1993-07	$2,614,348
20	Byrne Fund Fbo Of Memorial Sloan- Kettering Cancer Center	3 Laramie Rd Box 599, Etna, NH 03750	NH	1993-10	$11,732,863