Galkin Private Foundation, Robert T Galkin in West Warwick, Rhode Island (RI)
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 Rhode Island
| Galkin Private Foundation, Robert T Galkin | |
| Employer Identification Number (EIN) | 050494243 |
| Name of Organization | Galkin Private Foundation |
| Secondary Name | Robert T Galkin |
| Address | 155 Brookside Avenue, West Warwick, RI 02893-3800 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 01/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $831,122 |
| Amount of Income | $438,655 |
| Form 990 Revenue Amount | $381,490 |
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 | $215,424 | $65,424 | $0 | |
| Contributions, gifts, grants, etc., received | $150,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $50,998 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $14,426 | |||
| Total expenses and disbursements | $288,412 | $0 | $0 | $279,920 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $8,492 | $0 | $0 | |
| Contributions, gifts, grants paid | $279,920 | |||
| Excess of revenue over expenses and disbursements | $-72,988 | |||
| Net investment income | $65,424 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $890,617 | $1,872,151 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $531,227 | |
| Investments-corporate bonds | $55,622 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $69,167 | |
| Other | $234,601 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $890,617 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $14,426 |
| 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 | $654 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $14 |
| Tax due | $668 |
| 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 | $1,948,714 |
| Net value of noncharitable-use assets | $1,919,480 |
| Minimum investment return | $95,974 |
| Distributable Amount (for 2012) | |
| Distributable amount | $95,320 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $95,320 |
| 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 |
| Amvets, Amvets Dept Of Rhode Island in Providence, RI |
Help For The Children Inc in Providence, RI
   |
|
Glenwood Cemetery Co Inc in East Greenwich, RI
|
| Pari Independent Living Center Inc in Pawtucket, RI |
|
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
|
|
Decatur Youth Enrichment Association in Decatur, AL
|
|
Blue Water Pregnancy Care Center in Port Huron, MI
|
|
Abundant Grace Praise & Worship Church in Houston, TX
|
|
Milwaukee Sharon Junior Academy, Lake Region Conference Of Seventh-D in Milwaukee, WI
|
| Vietnam Veterans Of America Inc in Columbia, SC |
| Other organizations in Rhode Island | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Fund For Ucap | 75 Carpenter St, Providence, RI 02903-3004 | RI | 2007-10 | $531,542 |
| 2 | Fundacao Beneficente Faialense Inc | PO BOX 14291, E Providence, RI 02914-0291 | RI | 1984-01 | $21,836 |
| 3 | Fusionworks Inc | PO BOX 402, Lincoln, RI 02865-0402 | RI | 1992-11 | $81,958 |
| 4 | G E Bliss Trust Uw 1-3 Residue Fund 0719124 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $1,063,505 |
| 5 | G P B Foundation | 99 Sakonnet Point Rd, L Compton, RI 02837-1049 | RI | 1998-08 | $958,930 |
| 6 | G Walter Woodworth Charitable Remainder Unitrust | PO BOX 1802, Providence, RI 02901-1802 | RI | 1998-03 | $1,710,639 |
| 7 | Gabriels Trumpet Christian Book Store Inc | 477 Washington St, Coventry, RI 02816-5464 | RI | 2000-01 | $24,953 |
| 8 | Gaia Vaccine Foundation | 146 Clifford St, Providence, RI 02903-4163 | RI | 2002-02 | $109,329 |
| 9 | Gale Home | 870 Westminster St, Providence, RI 02903-4024 | RI | 1942-08 | $787,915 |
| 10 | Galilee Mission To Fishermen Inc | 268 Kingstown Rd, Narragansett, RI 02882-3237 | RI | 1985-03 | $652,981 |
| 11 | Galkin Private Foundation, Robert T Galkin | 155 Brookside Avenue, West Warwick, RI 02893-3800 | RI | 1997-01 | $438,655 |
| 12 | Gallery Night Providence Inc | Po Box 603024, Providence, RI 02906 | RI | 2001-11 | $0 |
| 13 | Gaspee Day Committee Inc | PO BOX 1772 PILGRIM STATION, Warwick, RI 02888 | RI | 1976-01 | $104,532 |
| 14 | Gateway Healthcare Inc | 160 Beechwood Ave, Pawtucket, RI 02860-5402 | RI | 1997-02 | $6,246,020 |
| 15 | Gay And Lesbian Options Of Rhode Island | Po Box 41247, Providence, RI 02940-1247 | RI | 1999-06 | $51,059 |
| 16 | Gaylord Farm Tr Uw Fbo P Dann 137-1044429010 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $160,030 |
| 17 | Gemini Housing Corporation | 7 Church St, Smithfield, RI 02828-1768 | RI | 2003-05 | $48,746 |
| 18 | Gencorp Insurance Charitable Foundation | 16 Main St, E Greenwich, RI 02818-3827 | RI | 2005-12 | $10,573 |
| 19 | General Federation Of Womens Clubs Rhode Island | 821 W Shore Rd, Warwick, RI 02889-2627 | RI | 1934-06 | $242,187 |
| 20 | Genesis Center | 620 Potters Ave, Providence, RI 02907-2931 | RI | 1994-01 | $2,078,603 |
Organization representatives - add corrected or new information about Galkin Private Foundation, Robert T Galkin »
Non-representatives - add comments about Galkin Private Foundation, Robert T Galkin»