Marc & Livia Straus Foundation Inc in Chappaqua, New York (NY)

Organization representatives - add corrected or new information about Marc & Livia Straus Foundation Inc »

Non-representatives - add comments about Marc & Livia Straus Foundation Inc»

Marc & Livia Straus Foundation Inc
Employer Identification Number (EIN)134182831
Name of OrganizationMarc & Livia Straus Foundation Inc
Address10 Berol Close, Chappaqua, NY 10514-2305
SubsectionEducational Organization
Ruling Date02/2002
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$689,543
Amount of Income$162,496
Form 990 Revenue Amount$62,496
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts, Culture, and Humanities (Not Elsewhere Classified)


Non-representatives - add comments:


CAPTCHA

Your IP address 3.239.59.193 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$162,496$0$0
Contributions, gifts, grants, etc., received$100,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$62,496
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$78,629$0$16,133$62,496
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$0
Interest$0
Depreciation$16,133
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$16,133$0$0
Contributions, gifts, grants paid$62,496
Excess of revenue over expenses and disbursements$83,867
Net investment income$0
Adjusted net income$0
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$621,915$621,915$605,676$605,676$689,543$689,543
Cash - non-interest-bearing$106$0$0
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$0$0$0
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0$100,000
Total liabilities$1$1$1
Mortgages and other notes payable$0$0$0
Other liabilities$0$0$0
Total liabilities and net assets/fund balances$621,915$605,676$689,543
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$0$0
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$0$0$0
Total credits and payments$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$0$0
Overpayment$0$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201120122013
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?NoNoNo
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?NoNoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNoNo
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?YesYesYes
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?YesYesYes
Did any persons become substantial contributors during the tax year?NoNoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
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?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
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?NoNoNo
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?NoNoNo
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?NoNoNo
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?NoNoNo
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?NoNoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$93$9$0
Net value of noncharitable-use assets$92$9$0
Minimum investment return$5$0$0
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$1$0$0$0$1
Qualifying distributions made directly for active conduct of exempt activities$62,496$62,496$71,942$62,496$259,430
Value of all assets$589,543$605,676$621,809$647,467$2,464,495
Value of assets qualifying under section 4942(j)(3)(B)(i)$589,543$605,676$621,809$647,467$2,464,495
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 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
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$0$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
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 Marc & Livia Straus Foundation Inc to others? (optional)
  
Add photo of Marc & Livia Straus Foundation Inc (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»
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
IdNameAddressStateEstablishedTotal Income
1Marble City Housing Corporation19 Main Street, Canton, NY 13617NY1988-04$91,995
2Marble Fund Inc750 3rd Ave Fl 11, New York, NY 10017-2716NY1953-06$127,445
3Marble Hill Nursery School5470 Broadway, Bronx, NY 10463-7605NY1961-07$710,214
4Marble Industry Labor-Management Committee, Cook Ken Ttee253 W 35th St Fl 12, New York, NY 10001-1907NY2001-05$5,799
5Marble Industry Trust Fund253 W 35th St Fl 12, New York, NY 10001-1907NY1948-01$10,109,748
6Marble Masonic Historical SocietyPO BOX 341, Tuckahoe, NY 10707-0341NY1996-05$21,182
7Marble Terrazzo Mosaic & Specialties Contractors Associatio84 Business Park Dr, Armonk, NY 10504-1702NY1973-04$2,043
8Marbletown Business Association Inc, Rondout Valley Business AssociationPO BOX 450, Accord, NY 12404-0450NY2000-02$29,151
9Marbletown First Aid Unit IncPO BOX 323, High Falls, NY 12440-0323NY1975-12$167,591
10Marbletown Senior Citizens Inc28 Jansen Road, Stone Ridge, NY 12484NY2000-02$9,587
11Marc & Livia Straus Foundation Inc10 Berol Close, Chappaqua, NY 10514-2305NY2002-02$162,496
12Marc A Somberg Memorial Foundation107 Berkeley Pl Apt 2r, Brooklyn, NY 11217-3672NY1996-05$340,548
13Marc A Zanichelli Scholarship Foundation Inc, Maz Fund208 E 51st St Ste 159, New York, NY 10022-6557NY2014-08$48,510
14Marc Academy & Family Center Inc2105 Jerome Ave # 2111, Bronx, NY 10453-1820NY1998-07$3,250,600
15Marc And Diane Spilker FoundationPO BOX 73, New York, NY 10274-0073NY1997-11$2,099,144
16Marc And Harriet Suvall Foundation130 E 59 St Ste 1028, New York, NY 10022-1302NY1998-03$148,899
17Marc And Janet Pfeffer Foundation275 Central Park West, New York, NY 10024-3015NY2006-05$79,399
18Marc Foundation Inc51 Cannon St, Poughkeepsie, NY 12601-3205NY1993-03$20,911
19Marc Galler Research Foundation IncC/O L Galler 115 Central Park West, New York, NY 10023NY1969-04$1,670,549
20Marc Lustgarten Pancreatic Cancer Foundation1111 Stewart Ave, Bethpage, NY 11714-3533NY1999-01$23,517,203

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Marc & Livia Straus Foundation Inc and has no official or unofficial affiliation with Marc & Livia Straus Foundation Inc