Mary R Martin Trust 1 in Wolfeboro, New Hampshire (NH)
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 New Hampshire
| Mary R Martin Trust 1 | |
| Employer Identification Number (EIN) | 026009373 |
| Name of Organization | Mary R Martin Trust 1 |
| In Care of Name | Thomas Bickford |
| Address | PO BOX 1739, Wolfeboro, NH 03894-1739 |
| Activities | Supplying money, goods or services to the poor |
| Subsection | Charitable Organization |
| Ruling Date | 12/1952 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $409,598 |
| Amount of Income | $32,362 |
| Form 990 Revenue Amount | $15,727 |
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 | $42,943 | $42,943 | $10,195 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $31 | |||
| Dividends and interest from securities | $10,083 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $32,829 | |||
| Total expenses and disbursements | $14,818 | $7,158 | $0 | $7,502 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $7,316 | $7,158 | $0 | |
| Contributions, gifts, grants paid | $7,502 | |||
| Excess of revenue over expenses and disbursements | $28,125 | |||
| Net investment income | $35,785 | |||
| Adjusted net income | $10,195 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $412,973 | $414,131 |
| Cash - non-interest-bearing | $2,356 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $410,617 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $412,973 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $32,829 |
| 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 | $716 |
| Total credits and payments | $276 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $76 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $200 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $440 |
| 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? | Yes |
| 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 | $410,090 |
| Net value of noncharitable-use assets | $403,940 |
| Minimum investment return | $20,197 |
| Distributable Amount (for 2012) | |
| Distributable amount | $19,481 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $19,481 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $19,481 |
| 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 New Hampshire | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Martin Charity Fund | PO BOX 1739, Wolfeboro, NH 03894-1739 | NH | 1942-11 | $18,518 |
| 2 | Martin I Elkin And Pauline G Elkin Charitable Tr | PO BOX 2049, New Castle, NH 03854-2049 | NH | 1991-10 | $78,237 |
| 3 | Martin J Coronis Educational Fund | 9 Woodward Rd, Merrimack, NH 03054-2334 | NH | 1969-09 | $548 |
| 4 | Martin John Lafoley Foundation, Lafoley Michael J Co-Tee | PO BOX 1763, Meredith, NH 03253-1763 | NH | 1993-02 | $66,699 |
| 5 | Martin Salomon Morton And Gustel Schreiber Morton Foundation | PO BOX 245, New London, NH 03257-0245 | NH | 1998-04 | $144,023 |
| 6 | Mary & Christopher Rodgers Foundation Whippoorwill Financial | 10 Grove Ct, Exeter, NH 03833-2711 | NH | 1982-08 | $34,300 |
| 7 | Mary A Sweeney Home | 50 E Pearl St, Nashua, NH 03060-3439 | NH | 1975-02 | $2,887,345 |
| 8 | Mary And John Elliot Charitable Foundation | 1070 Holt Ave Unit 1 Ste 2100, Manchester, NH 03109-5603 | NH | 2001-06 | $2,728,226 |
| 9 | Mary E Elliot Trust | 93 Woodland Dr, Contoocook, NH 03229-2533 | NH | 1972-06 | $72,005 |
| 10 | Mary R Martin Testamentary 2 | PO BOX 1739, Wolfeboro, NH 03894-1739 | NH | 1952-12 | $80,535 |
| 11 | Mary R Martin Trust 1 | PO BOX 1739, Wolfeboro, NH 03894-1739 | NH | 1952-12 | $32,362 |
| 12 | Mascoma Cooperative Preschool | PO BOX 219, Enfield, NH 03748-0219 | NH | 1986-02 | $55,241 |
| 13 | Mascoma Savings Bank Foundation | 67 N Park St, Lebanon, NH 03766-1317 | NH | 1987-08 | $5,857,016 |
| 14 | Mascoma Valley Health Initiative | PO BOX 102, Concord, NH 03302-0102 | NH | 2003-10 | $84,199 |
| 15 | Masonic Building Association | 196 Main St Ste 16, Nashua, NH 03060-2914 | NH | 1946-07 | $188,951 |
| 16 | Mass Association Of Residential Care Homes Inc, M A R C H | 50 Nashua Rd, Londonderry, NH 03053-3400 | NH | 1994-03 | $9,450 |
| 17 | Massabesic Yacht Club | Po Box 801, Manchester, NH 03105 | NH | 1989-05 | $0 |
| 18 | Mastricola Elementary School | 7 School Street, Merrimack, NH 03054 | NH | 1999-10 | $45,583 |
| 19 | Max York Educational Foundation | 15 Preble St, Groveton, NH 03582-4135 | NH | 1988-05 | $162,211 |
| 20 | Maximpact Institute | 40 Ronald St, Manchester, NH 03101-2835 | NH | 2000-08 | $201,003 |


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