William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary in Providence, 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
- Organizations performing similar types of work
| William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary | |
| Employer Identification Number (EIN) | 016058075 |
| Name of Organization | William Forsythe Tr Fbo Bangor Theological Seminary |
| Secondary Name | Bangor Theological Seminary |
| In Care of Name | Fleet Private Clients Group |
| Address | PO BOX 1802, Providence, RI 02901-1802 |
| Subsection | Charitable Organization |
| Ruling Date | 09/1982 |
| Foundation | Private non-operating foundation |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $387,818 |
| Amount of Income | $240,873 |
| Form 990 Revenue Amount | $36,747 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: |
Non-representatives - add comments:
Amount of income in 2014: $240,873 (it was $318,008 in 2013)
| William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary: | $240,873 |
| Other organizations performing similar types of work: | $1,016,968 |
Assets in 2014: $387,818 (it was $394,512 in 2013)
| This organization: | $387,818 |
| Other organizations performing similar types of work: | $227,795 |
Expenses in 2012: $21,629
| William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary: | $21,629 |
| Other organizations performing similar types of work: | $543,662 |
Income to expenses ratio in 2012: 11.1
| This organization: | 11.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2012: 0.0%
| William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary: | 0.0% |
| Other organizations performing similar types of work: | 83.3% |
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 | $27,580 | $27,580 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $9,196 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-359 | |||
| Other | $18,743 | |||
| Total expenses and disbursements | $21,629 | $3,299 | $0 | $17,116 |
| Compensation of officers, directors, trustees, etc. | $4,936 | |||
| Total operating and administrative expenses | $7,332 | $3,299 | $2,819 | |
| Contributions, gifts, grants paid | $14,297 | |||
| Excess of revenue over expenses and disbursements | $5,951 | |||
| Net investment income | $24,281 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $354,062 | $382,469 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $346,530 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $7,532 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $354,062 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $18,743 |
| 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 | $486 |
| Total credits and payments | $672 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $672 |
| 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 | $186 |
| Amount to be credited to 2013 estimated tax | $186 |
| 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 | $370,123 |
| Net value of noncharitable-use assets | $364,580 |
| Minimum investment return | $18,229 |
| Distributable Amount (for 2012) | |
| Distributable amount | $17,743 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $17,743 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $3,151 |
| 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 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rappahannock Westminster Canterbury Foundation | 132 Lancaster Dr, Irvington, VA 22480-9740 | VA | 1986-03 | $1,414,088 |
| 2 | American Friends Of Rabbinical College Of Telzstone Inc | 510 2nd St, Lakewood, NJ 08701-2533 | NJ | 1994-05 | $9,953,026 |
| 3 | American Council Of Rel & Vocatnl Sch Sys Of Beth Jacob Of Jer Inc | PO BOX 300369, Brooklyn, NY 11230-0369 | NY | 1968-03 | $3,253,226 |
| 4 | American Friends Of The Rabbinical College Kol Torah Inc | 10 Sam Law Dr, Monsey, NY 10952-2326 | NY | 1950-03 | $1,016,968 |
| 5 | William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary | PO BOX 1802, Providence, RI 02901-1802 | RI | 1982-09 | $240,873 |
| 6 | China Evangelical Seminary Association Inc | PO BOX 627, Lexington, MA 02420-0006 | MA | 1973-01 | $101,825 |
| 7 | Biblical Theological Seminary Of Poland | 2403 Lake Dr, Raleigh, NC 27609-7669 | NC | 1992-06 | $82,319 |
| 8 | Catholic Seminary Foundation Of Indianapolis Inc | 5440 Fenmore Rd, Indianapolis, IN 46228-2037 | IN | 1967-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||
|
| ||||||||||||||
| Total | 8 | ||||||||||||||
Organization representatives - add corrected or new information about William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary »
Non-representatives - add comments about William Forsythe Tr Fbo Bangor Theological Seminary, Bangor Theological Seminary»