Esther & Morton Wohlgemuth in Brooklyn, New York (NY)
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 York
| Esther & Morton Wohlgemuth | |
| Employer Identification Number (EIN) | 136086849 |
| Name of Organization | Esther & Morton Wohlgemuth |
| In Care of Name | Melissa Wohlgemuth |
| Address | 447 7th St, Brooklyn, NY 11215-3614 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization, Educational Organization, Religious Organization |
| Ruling Date | 02/1961 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,378,611 |
| Amount of Income | $592,842 |
| Form 990 Revenue Amount | $152,886 |
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 | $177,632 | $177,632 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $172,625 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $5,007 | |||
| Total expenses and disbursements | $181,782 | $14,291 | $0 | $165,000 |
| Compensation of officers, directors, trustees, etc. | $9,000 | |||
| Total operating and administrative expenses | $16,782 | $14,291 | $0 | |
| Contributions, gifts, grants paid | $165,000 | |||
| Excess of revenue over expenses and disbursements | $-4,150 | |||
| Net investment income | $163,341 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,406,646 | $3,534,400 |
| Cash - non-interest-bearing | $17,599 | |
| Investments-U.S. and state government obligations | $751,545 | |
| Investments-corporate stock | $1,318,499 | |
| Investments-corporate bonds | $286,294 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $32,709 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,406,646 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $5,007 |
| 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 | $3,267 |
| Total credits and payments | $3,700 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,100 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $1,600 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $64 |
| Tax due | $0 |
| Overpayment | $369 |
| Amount to be credited to 2013 estimated tax | $338 |
| 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 | $3,508,925 |
| Net value of noncharitable-use assets | $3,456,300 |
| Minimum investment return | $172,815 |
| Distributable Amount (for 2012) | |
| Distributable amount | $169,548 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $169,548 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $19,551 |
| 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 York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Estate Of Eugenie A T Smith-T Tr | 8 Bay Hill Rd, Hampton Bays, NY 11946-1587 | NY | 1957-08 | $186,838 |
| 2 | Estate Of Sylvan E Bowles Scholarship Fund | 585 Stewart Ave Ste 610, Garden City, NY 11530-4701 | NY | 1968-01 | $-5,346 |
| 3 | Estate Planning Council Of Central New York Inc | 606 State Tower Building, Syracuse, NY 13202 | NY | 2002-12 | $31,163 |
| 4 | Estate Planning Council Of Eastern New York Inc | Po Box 11136, Loudonville, NY 12211 | NY | 1996-02 | $0 |
| 5 | Estate Planning Council Of New York City Inc | 1450 Western Avenue, Albany, NY 12203-3539 | NY | 1961-09 | $157,116 |
| 6 | Estate Planning Council Of Rochester | PO BOX 227, E Rochester, NY 14445-0227 | NY | 1993-08 | $41,066 |
| 7 | Estate Planning Council Of Westchester County Inc | C/O Michele Lazzara Cpa 660 White, Tarrytown, NY 10591 | NY | 1972-02 | $51,355 |
| 8 | Estelle & Sidney M Silverstone Foundation Inc | 6 Clinton Ln, Harrison, NY 10528-1402 | NY | 1966-06 | $35,791 |
| 9 | Estelle Silverstone Foundation For Spiritual Revival Inc | 212 Hartsdale Ave, White Plains, NY 10606-3906 | NY | 2001-05 | $11 |
| 10 | Ester Eisenberg Charitable Trust, Eisenberg Leon Ttee | 400 Ocean Ave, Lawrence, NY 11559-2736 | NY | 1997-03 | $113,075 |
| 11 | Esther & Morton Wohlgemuth | 447 7th St, Brooklyn, NY 11215-3614 | NY | 1961-02 | $592,842 |
| 12 | Iris And Shalom Maidenbaum Foundation Inc | 132 Spruce St, Cedarhurst, NY 11516-1915 | NY | 1982-05 | $225,227 |
| 13 | Esther A & Joseph Klingenstein Fund Inc | C/O Tanton Co 37 W 57th St-5t, New York, NY 10019 | NY | 1946-11 | $29,126,933 |
| 14 | Esther And Louis Wertenteil Foundation | 1750 44th St, Brooklyn, NY 11204-1050 | NY | 1985-08 | $67 |
| 15 | Esther Esh Sternberg Foundation Inc | 655 3rd Ave Ste 1400, New York, NY 10017-9117 | NY | 1998-01 | $39,463 |
| 16 | Esther Koven Foundation Inc | C/O Kranz Company 145 E 57th Str, New York, NY 10022 | NY | 2000-04 | $283,473 |
| 17 | Esthers Aid For Needy And Abandon Children Inc Eanac | 271 North Ave Ste 205, New Rochelle, NY 10801-5110 | NY | 2000-07 | $66,500 |
| 18 | Estherville The Alberta And Winonica Memorial Animal Shelter I | 100 Russell Rd, Greenfld Ctr, NY 12833-1321 | NY | 1955-10 | $105,348 |
| 19 | Estonian American Chamber Of Commerce And Industry | 15761 17th Avenue, Whitestone, NY 11357 | NY | 2003-11 | $0 |
| 20 | Estonian Educational Society Inc | 243 E 34th St, New York, NY 10016-4852 | NY | 1942-11 | $725,720 |
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