Hathaway Memorial Charitable Trust in Providence, Rhode Island (RI)

Organization representatives - add corrected or new information about Hathaway Memorial Charitable Trust »

Non-representatives - add comments about Hathaway Memorial Charitable Trust»

Hathaway Memorial Charitable Trust
Employer Identification Number (EIN)046599655
Name of OrganizationHathaway Memorial Charitable Trust
In Care of NameDurfee Attleboro Bank
AddressPO BOX 1802, Providence, RI 02901-1802
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date07/1992
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1,693,838
Amount of Income$578,079
Form 990 Revenue Amount$161,536

Non-representatives - add comments:


Your IP address 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$148,257$147,672$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$34,424
Gross rents$0
Gross sales price for all assets$1,808,629
Gross profit from sales of goods$0
Other income$33
Total expenses and disbursements$97,134$11,932$0$84,707
Compensation of officers, directors, trustees, etc.$18,833
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$1,250
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$26,659$11,932$14,232
Contributions, gifts, grants paid$70,475
Excess of revenue over expenses and disbursements$51,123
Net investment income$135,740
Adjusted net income$0
Balance Sheets
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$1,636,043$1,698,126$1,703,062$1,801,017
Cash - non-interest-bearing$0$0
Investments-U.S. and state government obligations$0$0
Investments-corporate stock$1,476,855$1,555,178
Investments-corporate bonds$0$0
Investments-mortgage loans$0$125,859
Other assets$0
Total liabilities$0$0
Total liabilities and net assets/fund balances$1,636,043$1,703,062
Capital Gains and Losses for Tax on Investment Income
Capital gain net income$98,634$113,800
Net capital loss$0$0
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNo
Tax based on investment income$1,522$2,715
Total credits and payments$2,292$1,570
Current year estimated tax payments and previous year's overpayment credited to current year$2,292$1,570
Exempt foreign organizations-tax withheld at source$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0
Backup withholding erroneously withheld$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$1,145
Amount to be credited to next year's estimated tax$770$0
Statements Regarding Activities
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?NoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?No
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?No
Has the foundation filed a tax return on Form 990-T for this year?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?Yes
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?NoNo
Did any persons become substantial contributors during the tax year?No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041No
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?YesYes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNo
Agree to pay money or property to a government official?NoNo
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?No
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?No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNo
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?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNo
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?NoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNo
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?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))?NoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNo
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)?NoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNo
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?No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$1,712,267$1,793,383
Net value of noncharitable-use assets$1,766,482
Minimum investment return$84,329$88,324
Distributable Amount
Distributable amount$82,807$85,609
Undistributed Income
Distributable amount for this year$82,807$85,609
Undistributed income for this year. This amount must be distributed in the next year$75,889$76,791
Private Operating Foundations (for 2010 - 2013)
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
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$34,424$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:
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


Your Review

Would you recommend Hathaway Memorial Charitable Trust to others? (optional)
Add photo of Hathaway Memorial Charitable Trust (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»
Other organizations in Rhode Island
IdNameAddressStateEstablishedTotal Income
1Harry Wolff Irrv Tr 3276300070PO BOX 1802, Providence, RI 02901-1802RI2000-09$480,987
2Hartford Dispensary Et Al Tr2 Uw TrPO BOX 1802, Providence, RI 02901-1802RI$383,165
3Hartford Hospital Jefferson House Trust 139-1116706010PO BOX 1802, Providence, RI 02901-1802RI$177,525
4Hartford Hospital TrustPO BOX 1802, Providence, RI 02901-1802RI$95,710
5Hartford Park Corporation40 Laurel Hill Ave Rear, Providence, RI 02909-4306RI1975-05$92,942
6Harvard Business School Association Of Southeastern New EnglandPO BOX 227, L Compton, RI 02837-0227RI2001-11$8,586
7Harvey H Moses & Catherine A Moses Educ Fund No 3-32330-08PO BOX 1802, Providence, RI 02901-1802RI1983-10$312,513
8Harvey H Moses & Catherine A Moses Scholarship Fund 3-3230-32PO BOX 1802, Providence, RI 02901-1802RI1983-10$394,146
9Hasbro Childrens Fund IncPO BOX 200, Pawtucket, RI 02862-0200RI1985-01$1,661,060
10Hassenfeld Foundation101 Dyer St Ste 401, Providence, RI 02903-3908RI1947-07$1,017,086
11Hathaway Memorial Charitable TrustPO BOX 1802, Providence, RI 02901-1802RI1992-07$578,079
12Hattie E Obrion Trust, Fleet Investment ServicePO BOX 1802, Providence, RI 02901-1802RI1995-11$42,438
13Hattie F Bradstreet TrustPO BOX 1802, Providence, RI 02901-1802RI1996-02$107,940
14Hattie Ide Chaffee Nursing Home Inc200 Wampanoag Trl, Riverside, RI 02915-2206RI1951-07$7,268,482
15Haven Of Grace Ministries IncPO BOX 224, Woonsocket, RI 02895-0702RI1992-03$127,780
16Hazel A Neelans Tr Uw Art 7PO BOX 1802, Providence, RI 02901-1802RI1993-03$433,985
17Hazel Fellows Charitable Tr UwPO BOX 1802, Providence, RI 02901-1802RI1988-06$469,047
18Hazel Gardner Lane B O Hpf LibPO BOX 1802, Providence, RI 02901-1802RI1989-03$32,270
19Hazel Johnson For Fine Arts SchoolPO BOX 1802, Providence, RI 02901-1802RI2008-01$554,112
20Hazel Tiedemann Charitable Trust Uw Fbo Hoosac Valley High School, Fleet Bank Of Massachusetts NaPO BOX 1802, Providence, RI 02901-1802RI1993-03$170,504

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Hathaway Memorial Charitable Trust and has no official or unofficial affiliation with Hathaway Memorial Charitable Trust