Jerome & Barbara Ackerman Foundation in Greenvale, 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
| Jerome & Barbara Ackerman Foundation | |
| Employer Identification Number (EIN) | 136209688 |
| Name of Organization | Jerome & Barbara Ackerman Foundation |
| Address | 55 Northern Blvd, Greenvale, NY 11548-1328 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 12/1966 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $127,446 |
| Amount of Income | $6,568 |
| Form 990 Revenue Amount | $6,547 |
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 | $6,547 | $6,547 | $6,537 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $5 | |||
| Dividends and interest from securities | $6,532 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $10 | |||
| Total expenses and disbursements | $5,504 | $0 | $0 | $3,670 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,834 | $0 | $0 | |
| Contributions, gifts, grants paid | $3,670 | |||
| Excess of revenue over expenses and disbursements | $1,043 | |||
| Net investment income | $6,547 | |||
| Adjusted net income | $6,537 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $127,446 | $178,154 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $117,505 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $9,941 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $127,446 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $10 |
| 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 | $131 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $131 |
| 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? | 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 | $167,908 |
| Net value of noncharitable-use assets | $165,380 |
| Minimum investment return | $8,269 |
| Distributable Amount (for 2012) | |
| Distributable amount | $8,138 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $8,138 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $4,468 |
| 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 | Jeri Barricks Ministries | PO BOX 347, Buffalo, NY 14225-0347 | NY | 1985-10 | $47,849 |
| 2 | Jericho Educational Foundation Inc | 99 Cedar Swamp Rd, Jericho, NY 11753-1201 | NY | 2008-03 | $56,665 |
| 3 | Jericho Lacrosse Club Inc | 3 Flint Ln, Jericho, NY 11753-2610 | NY | 2002-01 | $48,177 |
| 4 | Jericho Project | 245 West 29th St, New York, NY 10001-5208 | NY | 1984-09 | $5,412,058 |
| 5 | Jericho Project Housing Development Fund Corporation | 9th Fl, New York, NY 10001 | NY | 1990-02 | $364,186 |
| 6 | Jericho Residence Housing Development Fund Corporation | 9th Fl, New York, NY 10001 | NY | 1991-04 | $373,805 |
| 7 | Jericho Road Inc | 130 Watkins St, Brooklyn, NY 11212-6713 | NY | 1999-04 | $36,617 |
| 8 | Jericho Road Ministries | 184 Barton Street, Buffalo, NY 14213-1573 | NY | 2003-03 | $1,607,276 |
| 9 | Jericho Teachers Association Benefits Trust | Cedar Swamp Rd, Jericho, NY 11753 | NY | 1981-11 | $316,612 |
| 10 | Jericho Youth Football League Inc | 5 Sutton Terrace, Jericho, NY 11753 | NY | 2001-12 | $0 |
| 11 | Jerome & Barbara Ackerman Foundation | 55 Northern Blvd, Greenvale, NY 11548-1328 | NY | 1966-12 | $6,568 |
| 12 | Jerome & Kenneth Lipper Foundation, Lipper Kenneth Ttee | C/O Rosen Seymour 757 Third Ave 6th, New York, NY 10017 | NY | 1998-08 | $202,096 |
| 13 | Jerome A And Estelle R Newman Assistance Fund Inc | 43 Appletree Ln, Carle Place, NY 11514-1320 | NY | 1955-09 | $4,289,530 |
| 14 | Jerome And Laura Dorfman Charitable Foundation | C/O Ilene Giaquinta 35 Sutton Pl, New York, NY 10022 | NY | 1999-12 | $32,075 |
| 15 | Jerome And Lorraine Aresty Charitable Foundation Inc | 1411 Broadway Fl 24, New York, NY 10018-3471 | NY | 2004-08 | $5,957,217 |
| 16 | Jerome And Marlene Brody Foundation Inc | 349 Leggett Rd, Ghent, NY 12075-3712 | NY | 1991-10 | $646,489 |
| 17 | Jerome And Phyllis Charney Foundation, Charney Melvin Et Al Ttees | PO BOX 6545, Syracuse, NY 13217-6545 | NY | 1993-12 | $178,285 |
| 18 | Jerome And Sondra Bloomberg Family Foundation Inc | 155 East Ames Court, Plainview, NY 11803-2300 | NY | 1997-01 | $8,670 |
| 19 | Jerome Belson Foundation | 3692 Bedford Ave Apt 2a, Brooklyn, NY 11229-1712 | NY | 1976-07 | $2,025 |
| 20 | Jerome L Greene Foundation Inc | 146 Central Park W Apt 1e, New York, NY 10023-6297 | NY | 1978-12 | $185,069,841 |
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