Foundation For Child Development in New York, New York (NY)

Organization representatives - add corrected or new information about Foundation For Child Development »

Non-representatives - add comments about Foundation For Child Development»

Foundation For Child Development
Employer Identification Number (EIN)131623901
Name of OrganizationFoundation For Child Development
Address295 Madison Ave Fl 40, New York, NY 10017-6320
ActivitiesOther school related activities, Gifts, grants, or loans to other organizations, Aid to the handicapped (see also 031)
SubsectionCharitable Organization
Ruling Date04/1938
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 - Not required to file (all other)
Asset Amount$104,965,894
Amount of Income$69,173,460
Form 990 Revenue Amount$4,433,983
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)


Non-representatives - add comments:


CAPTCHA

Your IP address 3.226.254.255 will be logged.

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$5,902,361$6,372,912$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$2,226
Dividends and interest from securities$755,356
Gross rents$0
Gross sales price for all assets$68,413,516
Gross profit from sales of goods$0
Other income$2,362
Other$5,142,417
Total expenses and disbursements$5,999,689$1,092,173$0$5,166,967
Compensation of officers, directors, trustees, etc.$240,232
Pension plans, employee benefits$109,677
Legal fees$16,909
Accounting fees$81,961
Interest$0
Depreciation$0
Occupancy$192,274
Travel, conferences, and meetings$146,996
Printing and publications$51,258
Total operating and administrative expenses$2,505,156$1,092,173$1,672,434
Contributions, gifts, grants paid$3,494,533
Excess of revenue over expenses and disbursements$-97,328
Net investment income$5,280,739
Adjusted net income$0
Balance Sheets
201220132014
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$95,595,810$95,595,810$99,997,180$99,997,180$104,965,894$104,965,894
Cash - non-interest-bearing$30,831$3,449$79,822
Investments-U.S. and state government obligations$4,479,593$4,839,560$0
Investments-corporate stock$0$0$0
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$89,211,259$91,821,489$101,765,864
Other assets$267,721$1,959
Total liabilities$2,712,030$2,038,511$0
Total liabilities and net assets/fund balances$92,883,780$97,958,669$104,965,894
Capital Gains and Losses for Tax on Investment Income
201220132014
Capital gain net income$3,301,121$5,118,764$5,142,417
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201220132014
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$76,133$110,664$105,615
Total credits and payments$80,000$110,000$120,000
Current year estimated tax payments and previous year's overpayment credited to current year$80,000$110,000$120,000
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$142$0
Tax due$806$0
Overpayment$0$14,385
Amount to be credited to next year's estimated tax$3,867$0$14,385
Statements Regarding Activities
201220132014
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?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoYes
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201220132014
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?YesYesYes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?YesYesYes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201220132014
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$95,721,276$95,209,598$101,945,292
Net value of noncharitable-use assets$93,781,454$100,416,113
Minimum investment return$4,714,273$4,689,073$5,020,806
Distributable Amount
201220132014
Distributable amount$4,691,200$4,584,400$4,917,553
Undistributed Income
201220132014
Distributable amount for this year$4,691,200$4,584,400$4,917,553
Undistributed income for this year. This amount must be distributed in the next year$3,768,473$3,953,506$3,702,890
Private Operating Foundations (for 2011 - 2014)
2014201320122011Total
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
Supplementary Information (for 2014)
Grants approved for future payment$3,060,283
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$2,226$0
Dividends and interest from securities$755,356$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
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 Foundation For Child Development to others? (optional)
  
Add photo of Foundation For Child Development (optional)

About You

Your nickname:

Optional Verification

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

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in New York
IdNameAddressStateEstablishedTotal Income
1Foundation Caring For Colombia Ltd139 W 120th St, New York, NY 10027-6402NY2005-12$151,711
2Foundation For A Miracle Inc206 Edgewood Ave, Rochester, NY 14618-4043NY2005-07$13,502
3Foundation For Accounting Education Inc14 Wall St Fl 19, New York, NY 10005-2124NY1972-12$6,481,055
4Foundation For Accounting Practitioners Inc1212 Avenue Of The Americas Fl 24, New York, NY 10036-1600NY1991-11$48,913
5Foundation For Advanced Transfusion Practices Inc1 Dag Hammarskjold, New York, NY 10017-2201NY1999-09$3
6Foundation For Alternative Cancer Therapies Ltd, Delaware Valley ChapterPO BOX 1242, New York, NY 10113-1242NY1975-07$238,939
7Foundation For Aneurysm Rupture Research Inc57 Buena Vista Drive, Hastings On Hudson, NY 10706NY2007-01$0
8Foundation For Arts Initiatives375 Greenwich St, New York, NY 10013-2376NY1964-02$3,854,995
9Foundation For Cardiac Surgery And Cardiovascular Services, Faro Richard S Etal Ttee444 Madison Ave Fl 11, New York, NY 10022-6903NY1991-09$672,183
10Foundation For Carriacou And Pm Development Inc5204 Beverly Road, Brooklyn, NY 11203NY2009-06$0
11Foundation For Child Development295 Madison Ave Fl 40, New York, NY 10017-6320NY1938-04$69,173,460
12Foundation For Clinical Research In Inflammatory Bowel Disease12 East 86th Street, New York, NY 10028-0506NY1993-08$250,796
13Masorti Foundation For Conservative Judaism In Israel475 Riverside Dr Ste 832, New York, NY 10115-0068NY1983-12$0
14Foundation For Contemporary Arts Inc820 Greenwich Street, New York, NY 10014-5134NY1999-12$6,563,755
15Foundation For Cultural Review Inc900 Broadway Ste 602, New York, NY 10003-1237NY1982-03$1,434,612
16Foundation For Dance Promotion Inc27 W 120th, New York, NY 10027-6436NY1979-08$3,373,441
17Foundation For Deaf Education2253 Main St, Buffalo, NY 14214-2349NY1997-08$645,076
18Foundation For Democracy60 E 42nd St, New York, NY 10165-0006NY2008-06$1,500
19Foundation For Design And Analysis Of Dental & Oral Research Inc3435 Main St Ste 250 Squire Hall, Buffalo, NY 14214-3001NY2006-06$522,427
20Foundation For Development Of HumanityC/O Teitler 55 Westgate Road, Muttontown, NY 11791NY$2,813,607

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Foundation For Child Development and has no official or unofficial affiliation with Foundation For Child Development