Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15 in Providence, Rhode Island (RI)

Organization representatives - add corrected or new information about Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15 »

Non-representatives - add comments about Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15»

Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15
Employer Identification Number (EIN)046019105
Name of OrganizationFrederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15
AddressPO BOX 1802, Providence, RI 02901-1802
ActivitiesNon-exempt charitable trust described in section 4947(a)(1) of the Code
SubsectionCharitable Organization
Ruling Date12/1970
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$4,924,827
Amount of Income$1,431,627
Form 990 Revenue Amount$-70,477
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Single Organization Support


Non-representatives - add comments:


CAPTCHA

Your IP address 18.224.64.226 will be logged.

Amount of income in 2014: $1,431,627
This organization: 

 $1,431,627
Other organizations performing similar types of work: 

 $233,562

Assets in 2014: $4,924,827
Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15: 

 $4,924,827
Other organizations performing similar types of work: 

 $800,360

Expenses in 2012: $374,813
Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15: 

 $374,813
Other organizations performing similar types of work: 

 $87,707

Income to expenses ratio in 2012: 3.8
Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15: 

 3.8
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2002: 90.7%
Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15: 

 90.7%
Other organizations performing similar types of work: 

 90.7%

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 94.1%

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$416,172$414,107$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$122,482
Gross rents$0
Gross profit from sales of goods$0
Other income$195
Other$293,495
Total expenses and disbursements$374,813$30,604$0$336,833
Compensation of officers, directors, trustees, etc.$47,899
Total operating and administrative expenses$62,355$30,604$24,375
Contributions, gifts, grants paid$312,458
Excess of revenue over expenses and disbursements$41,359
Net investment income$383,503
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$5,144,795$5,224,359
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$4,434,557
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$367,979
Other$342,259
Total liabilities$0
Total liabilities and net assets/fund balances$5,144,795
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$293,495
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$7,670
Total credits and payments$8,930
2012 estimated tax payments and 2011 overpayment credited to 2012$8,930
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$1,260
Amount to be credited to 2013 estimated tax$1,260
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?Yes
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$5,172,258
Net value of noncharitable-use assets$5,094,680
Minimum investment return$254,734
Distributable Amount (for 2012)
Distributable amount$247,064
Undistributed Income (for 2012)
Distributable amount for 2012$247,064
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
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
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$640,948$318,384$-70,477
Contributions, gifts, grants, and similar amounts received$0$0$0
Contributions to donor advised funds
Direct public support$0$0$0
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$39,768$18,948$0
Dividends and interest from securities$215,587$211,965$210,648
Net rental income or (loss)$0$0$0
Gross rents$0$0$0
Less: rental expenses$0$0$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$385,593$87,471$-281,125
Gross amount from sales of assets other than inventory$1,862,684$1,259,872$1,517,425
Less: cost or other basis and sales expenses$1,477,091$1,172,401$1,798,550
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$0$0$0
Total expenses$481,479$497,432$468,780
Program services$432,730$442,289$425,365
Management and general$48,749$55,143$43,415
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$6,171,785$5,992,737$5,453,480
Excess or (deficit) for the year$159,469$-179,048$-539,257
Net assets or fund balances at beginning of year$6,012,316$6,171,785$5,992,737
Other changes in net assets or fund balances$0$0$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$468,780$425,365$43,415$0
Grants paid from donor advised funds
Other grants and allocations$425,365
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$42,535$0$42,535$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$450$0$450$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$430$0$430$0
Balance Sheets
200020012002
Total assets$6,171,785$5,992,737$5,453,480
Cash - non-interest-bearing$0$0$0
Savings and temporary cash investments$527,474$0$0
Accounts receivable less allowance for doubtful accounts$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$0$0$0
Investments - publicly-traded securities
Investments - other securities$2,391,887$2,740,312$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$3,252,424$3,252,425$5,453,480
Land, buildings, and equipment less accumulated depreciation$0$0$0
Other assets, including program-related investments$0$0$0
Total liabilities$0$0$0
Accounts payable and accrued expenses$0$0$0
Grants payable$0$0$0
Deferred revenue$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$0$0$0
Other liabilities$0$0$0
Total liabilities and net assets/fund balances$6,171,785$5,992,737$5,453,480
Total net assets or fund balances$6,171,785$5,992,737$5,453,480
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0
Other expenses$0$0$0
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$0$0
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$0$0$0
Total expenses and losses per audited financial statements$0$0$0
Other revenue$0$0$0
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$0
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-70,477$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$210,648$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-281,125$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
199920002001
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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 Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15 to others? (optional)
  
Add photo of Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15 (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»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15PO BOX 1802, Providence, RI 02901-1802RI1970-12$1,431,627
2Leader Dogs For The Blind Foundation1039 S Rochester Rd, Rochester Hls, MI 48307-3115MI2012-04$98,015,797
3Taube Family Fund For Jewish Life2150 Post St, San Francisco, CA 94115-3508CA2009-03$18,417,565
4Changing The World Foundation Inc319 Martingale Dr, Old Hickory, TN 37138-3349TN2011-07$5,964,087
5Clothes For Kids Sake Inc333 Route 46 W Suite 205, Mountain Lakes, NJ 07046-1741NJ2009-06$5,647,139
6The@elwyn Foundation111 Elwyn Rd, Elwyn, PA 19063-4622PA2005-01$2,150,748
7T Gary And Kathleen Rogers Supporting Family Foundation200 Frank H Ogawa Plaza, Oakland, CA 94612-2005CA2001-11$1,760,423
8San Diego Human Dignity FoundationPO BOX 33245, San Diego, CA 92163-3245CA1997-12$1,759,388
9Industrial Acquisition CorporationPO BOX 5005, New York, NY 10163-5005NY2011-09$1,375,522
10Thrift Alliance4890 Nolensville Road, Nashville, TN 37211-5410TN2007-02$1,308,789
11Indianapolis Jewish Home Guild, Hooverwood Guild7001 Hoover Rd, Indianapolis, IN 46260-4169IN2009-05$1,010,114
12Goodwill Industries Of Southwest Florida Foundation Inc5100 Tice St, Fort Myers, FL 33905-5203FL2009-05$944,608
13The Taylor Family Foundation1551 Three Crowns Dr Ste 100, Casper, WY 82604-3196WY2002-12$819,088
14Food City Charitable Foundation IncPO BOX 1158, Abingdon, VA 24212-1158VA2013-07$544,505
15United Way Center Of Bartholomew County Inc1531 13th St Ste 1100, Columbus, IN 47201-1302IN2010-01$515,154
16Stanly County Family Ymca Foundation427 N 1st St, Albemarle, NC 28001-3906NC2009-07$362,283
17Sylvania Community Services Center Foundation4747 N Holland Sylvania Rd, Sylvania, OH 43560-2116OH2005-03$340,032
18Tcf FoundationPO BOX 3696, Oak Brook, IL 60522-3696IL2000-09$236,365
19Olean-Bradford Area Ymca Foundation Inc1101 Wayne St, Olean, NY 14760-2269NY2011-07$233,562
20Ywbuilding Hope Qalicb322 East 300 South, Salt Lake City, UT 84111-2605UT2011-08$227,881
Number of organizations performing similar types of work
Arkansas2
Arizona1
California12
Colorado1
Connecticut1
District of Columbia1
Delaware1
Florida7
Georgia2
Iowa2
Illinois6
Indiana3
Kansas1
Kentucky3
Louisiana1
Massachusetts4
Maryland4
Maine1
Michigan7
Minnesota2
Missouri1
Montana1
North Carolina5
New Hampshire1
New Jersey3
New York11
Ohio6
Oklahoma2
Oregon1
Pennsylvania5
Rhode Island1
South Carolina1
Tennessee4
Texas9
Utah1
Virginia4
Washington3
Wisconsin1
Wyoming1
Total123

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15 and has no official or unofficial affiliation with Frederick H Gillette 30 00 12650 Nect C/O Shawmut Trust Div 6-15