Justin & Deborah Scheer Family Foundation Inc in Millbrook, 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
| Justin & Deborah Scheer Family Foundation Inc | |
| Employer Identification Number (EIN) | 141756646 |
| Name of Organization | Justin & Deborah Scheer Family Foundation Inc |
| In Care of Name | Fleishman |
| Address | PO BOX 166, Millbrook, NY 12545-0166 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 04/1993 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $131,378 |
| Amount of Income | $21,475 |
| Form 990 Revenue Amount | $5,392 |
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 | $15,264 | $15,264 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $6,078 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $9,186 | |||
| Total expenses and disbursements | $4,403 | $821 | $0 | $3,442 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,403 | $821 | $442 | |
| Contributions, gifts, grants paid | $3,000 | |||
| Excess of revenue over expenses and disbursements | $10,861 | |||
| Net investment income | $14,443 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $131,378 | $230,160 |
| Cash - non-interest-bearing | $7,073 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $97,474 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $26,831 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $131,378 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $9,186 |
| 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 | $289 |
| Total credits and payments | $300 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $300 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $11 |
| Amount to be credited to 2013 estimated tax | $11 |
| 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 | $218,144 |
| Net value of noncharitable-use assets | $214,880 |
| Minimum investment return | $10,744 |
| Distributable Amount (for 2012) | |
| Distributable amount | $10,455 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $10,455 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
|
Untapped Shores International Inc in Rochester, NY
|
| Stein Senior Center Inc in New York, NY |
Romulus Club Inc in Buffalo, NY
 |
| Clarendon Historical Society in Clarendon, NY |
| Grace Fellowship Ministries Inc in Brooklyn, NY |
| The Bridge Inc in New York, NY |
|
Gateway Youth Outreach Inc in Elmont, NY
|
|
Lucis Trust And Arcane School in New York, NY
|
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Just Play Soccer Club Inc | 25 Crafts Rd, Carmel, NY 10512-3701 | NY | 2001-02 | $0 |
| 2 | Just The Place Inc | PO BOX 1284, Bronx, NY 10462-0582 | NY | 2002-08 | $36,401 |
| 3 | Just Us Inc | 413 E 120th St Rm 101, New York, NY 10035-3602 | NY | 1980-07 | $70,999 |
| 4 | Just4 Kids Early Childhood Center | 214 Soundview Ave, Bronx, NY 10473-2410 | NY | 2003-04 | $486,756 |
| 5 | Justice Committee Inc | 105 E 22nd St Room 103, New York, NY 10010-5413 | NY | 2007-03 | $328,231 |
| 6 | Justice For Children-Day Care | 11126 Sutphin Blvd, Jamaica, NY 11435-5829 | NY | 1996-03 | $128,571 |
| 7 | Justice Foundation Inc | 410 E Upland Roa, Ithaca, NY 14850-2551 | NY | 1951-01 | $66 |
| 8 | Justice Mapping Center Inc | 155 Washington Ave, Brooklyn, NY 11205-2512 | NY | 2007-07 | $50,004 |
| 9 | Justice Resource Center | 122 Amsterdam Ave Rm 504a, New York, NY 10023-6407 | NY | 1992-02 | $225,081 |
| 10 | Justiceworks Community | 1012 8th Ave, Brooklyn, NY 11215-4312 | NY | 1992-11 | $292,795 |
| 11 | Justin & Deborah Scheer Family Foundation Inc | PO BOX 166, Millbrook, NY 12545-0166 | NY | 1993-04 | $21,475 |
| 12 | Justin Scott Wagner Memorial Fund Inc | 1 Seneca Dr, Mahopac, NY 10541-4139 | NY | 2008-01 | $59,448 |
| 13 | Justin Timberlake Foundation Inc | 450 Park Ave Ste 1002, New York, NY 10022-2736 | NY | 2002-07 | $1 |
| 14 | Justus Heijmans Foundation | 641 Lexington Ave Fl 29, New York, NY 10022-4599 | NY | 1968-06 | $23,128 |
| 15 | Juvenile Law Education Project Inc | 1 Summit Ave, White Plains, NY 10606-3003 | NY | 1979-10 | $7,749 |
| 16 | Jvs Charitable Foundation | C/O Aj Facts - 110 West 34th St, New York, NY 10001 | NY | 2000-02 | $95,000 |
| 17 | Jvz Foundation | 45 E 82nd St Ste 8e, New York, NY 10028-0326 | NY | 2007-06 | $1,000,635 |
| 18 | Jw & Dw Charitable Foundation Inc | 276 Riverside Drive, New York, NY 10025-5204 | NY | 2003-05 | $162 |
| 19 | Jw Foundation Inc | 30 E 33rd St 2nd Fl, New York, NY 10016-5337 | NY | 2008-07 | $27,734 |
| 20 | Jyming Wang Foundation | 154-15 29th Avenue, Flushing, NY 11354-2415 | NY | 1998-01 | $13,312 |
Organization representatives - add corrected or new information about Justin & Deborah Scheer Family Foundation Inc »
Non-representatives - add comments about Justin & Deborah Scheer Family Foundation Inc»