GEORGE A RAMLOSE FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GEORGE A RAMLOSE FOUNDATION INC (EIN 04-6048231)
Tax period
2012-05-01 to 2013-04-30
Filed
2013-09-19
IRS object ID
201312629349100601
Schema version
2012v2.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-09-19T09:40:35-07:00Timestamp
Tax Period End Date2013-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1THOMAS ARRISON PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1312 GREAT RDAddressLine1
CityLITTLETONCity
StateMAState
ZIP Code01460ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN046048231EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GEORGE A RAMLOSE FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGEORNameControl
Phone9783681200Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 550AddressLine1
CitySTERLINGCity
StateMAState
ZIP Code01564ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDAVID TAYLORName
TitleTREASURERTitle
Phone9783681200Phone
Date Signed2013-09-16DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameTHOMAS ARRISON CPAName
Phone9784869855Phone
Date Prepared2013-09-19DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY2978718FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss75141DividendsRevAndExpnss
Dividends Net Invst Incm75141DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm386525CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses75141TotalRevenueAndExpenses
Total Net Investment Income461666TotalNetInvestmentIncome
Legal Fees Rev And Expnss7000LegalFeesRevAndExpnss
Legal Fees Net Invst Incm3500LegalFeesNetInvstIncm
Accounting Fees Rev And Expnss2800AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm1400AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss21982OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm21982OtherProfFeesNetInvstIncm
Taxes Rev And Expnss8747TaxesRevAndExpnss
Taxes Net Invst Incm8552TaxesNetInvstIncm
Trav Conf Meeting Rev And Expnss6000TravConfMeetingRevAndExpnss
Other Expenses Rev And Expnss1494OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm616OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss48023TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm36050TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss149697ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps149697ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss197720TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm36050TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps149697TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-122579ExcessOfRevenueOverExpenses
Net Investment Income425616NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY854CashBOY
Cash EOY7487CashEOY
Cash EOYFMV7487CashEOYFMV
Savings And Temp Cash Invst BOY146676SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY452965SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV452965SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY1372196InvestmentsCorpStockBOY
Investments Corp Stock EOY1332580InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV2465635InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY49682InvestmentsCorpBondsBOY
Investments Corp Bonds EOY49817InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV52631InvestmentsCorpBondsEOYFMV
Total Assets BOY1569408TotalAssetsBOY
Total Assets EOY1842849TotalAssetsEOY
Total Assets EOYFMV2978718TotalAssetsEOYFMV
Accounts Payable BOY4466AccountsPayableBOY
Accounts Payable EOY6777AccountsPayableEOY
Total Liabilities BOY4466TotalLiabilitiesBOY
Total Liabilities EOY6777TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY1564942UnrestrictedBOY
Unrestricted EOY1836072UnrestrictedEOY
Total Net Assets BOY1564942TotalNetAssetsBOY
Total Net Assets EOY1836072TotalNetAssetsEOY
Total Liabilities Net Assets BOY1569408TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1842849TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1564942TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-122579ExcessOfRevenueOverExpenses
Other Increases393709OtherIncreases
Subtotal1836072Subtotal
Total Net Assets Fund Balances EOY1836072TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (23 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceDepreciationDepreciationCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossFMV As Of123169FMVAsOf123169Adjusted Basis As Of123169AdjustedBasisAsOf123169Excess Of FMV Over Adjusted BasisExcessOfFMVOverAdjustedBasisGains Minus Excess Or LossesGainsMinusExcessOrLosses
500 sh Heinz CoP2001-06-152012-05-15274320141371329500013295
500 sh Nextera Energy IncP2003-01-152012-05-1732704063062639800026398
1500 sh Home DepotP2007-09-302012-05-21712180410903012800030128
2500 sh Heinz CoP2001-06-152012-05-221349850428309215500092155
1000 sh VolkswagenP2009-01-232012-05-02338070236901011700010117
1000 sh Walgreen COP2011-01-242012-10-013681003447323370002337
1295 sh AT & TP2000-01-152012-11-1243905029544095100040951
435 sh Duke EnergyP2009-11-252012-11-122664102075558860005886
1300 sh Norfolk Southern CorpP2000-01-152012-11-1275767016027416500074165
1312 Northeast UtilitiesP2000-01-152012-11-1249733088284090500040905
200 sh Philips 66P1998-05-232012-11-129510019693140009314
100 sh Philips 66P1998-05-232012-11-124759010446550004655
1536 sh Duke Energy CorpP2009-11-252012-11-21931310575293560200035602
500 sh DupontP2007-05-162012-11-202135201677045820004582
500 sh Philips 66P2006-04-272012-11-21242520135871066500010665
1000 sh TJX CompaniesP2013-01-152012-12-1442455041508947000947
1000 sh PepsicoP2006-08-222013-01-09698780495122036600020366
500 sh FirstenergyP2005-09-232013-04-112264201832843140004314
1500 sh Exelon CorpP2011-06-152012-05-2355264064253-8989000-8989
1000 sh Archer DanielsP2011-05-152012-06-0631749034155-2406000-2406
2000 sh CorningP2011-04-152012-08-0322712026533-3821000-3821
600 sh Bank of AmericaP2005-08-232012-11-125652024558-18906000-18906
2000 sh StaplesP2010-09-132012-12-1122805028940-6135000-6135
FieldValueIRS element (for citing)
Capital Gain Net Income386525CapitalGainNetIncome
Net Short Term Capital Gain Or Loss-8042NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxtrueLiableFor4942Tax
Adj Nonchrtbl Assets And One0AdjNonchrtblAssetsAndOnePct
Qualifying Distributions0QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax8512InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal8512Subtotal
Tax Based On Investment Income8512TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment4800EstTaxPaymentsAndOverpayment
Tax Paid With Extension3712TaxPaidWithExtension
Total Credits And Payments8512TotalCreditsAndPayments
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMAStatesFiledWith
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrfalseComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1ADAMS & BLINNBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number9783688264BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 550AddressLine1
CitySTERLINGCity
StateMAState
ZIP Code02141ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersontruePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
PETER BOYCE
3287 BAILEY ROADDACULAGA30019PRESIDENT3.0000895
CAROLE C BOYCE
3287 BAILEY ROADDACULAGA30019VP1.0000895
LINDA TAYLOR
141 KENDALL HILL ROADSTERLINGMA01564VP1.00300002105
DAVID TAYLOR
141 KENDALL HILL ROADSTERLINGMA01564TREASURER5.00400002105
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1CONTRIBUTIONS TO QUALIFIED 501(C)(3) ORGANIZATIONS NONE OFWHOM ARE RELATED TO THE DIRECTORS OF THE FOUNDATIONSEE ATTACHED LISTDescription1
Expenses1149697Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities2506965AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances376508AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets2883473TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets2883473AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable43252CashDeemedCharitable
Net Noncharitable Assets2840221NetNoncharitableAssets
Minimum Investment Return142011MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return142011MinimumInvestmentReturn
Tax Based On Investment Income8512TaxBasedOnInvestmentIncome
Total Tax8512TotalTax
Distributable Amount Before Adj133499DistributableAmountBeforeAdj
Distributable Amount Before Ded133499DistributableAmountBeforeDed
Distributable Amount As Adjusted133499DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions149697ExpensesAndContributions
Qualifying Distributions149697QualifyingDistributions
Adj Qualifying Distributions149697AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted133499DistributableAmountAsAdjusted
Undistributed Income Prior Year128352UndistributedIncomePriorYear
Excess Distri Carryover Year5129327ExcessDistriCarryoverYear5
Excess Distri Carryover Year2134125ExcessDistriCarryoverYear2
Excess Distri Carryover Year1155240ExcessDistriCarryoverYear1
Total Excess Distri Carryover418692TotalExcessDistriCarryover
Qualifying Distributions149697QualifyingDistributions
Remaining Distri From Corpus149697RemainingDistriFromCorpus
Total Corpus568389TotalCorpus
Taxable Amount2128352TaxableAmount2
Undistributed Income CY133499UndistributedIncomeCY
Excess Distri Cyov From Year5129327ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year439062ExcessDistriCyovToNextYear
Excess From Year2134125ExcessFromYear2
Excess From Year1155240ExcessFromYear1
Excess From Current Year149697ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManager
Shareholder ManagerNONEShareholderManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameDAVID TAYLOR ADAMS BLINNRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 550AddressLine1
CitySTERLINGCity
StateMAState
ZIP Code01564ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number5083688264RecipientPhoneNumber
Form And Info And MaterialsREQUEST A COPY OF PROPOSAL FOR FUNDING, INCLUDE COPY OF IRS EXEMPTIONFormAndInfoAndMaterials
Submission DeadlinesSEPTEMBER 15SubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED LISTBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED LISTAddressLine1
CitySEE ATTACHEDCity
StateMAState
ZIP Code01000ZIPCode
FieldValueIRS element (for citing)
Recipient Foundation Status501(C)(3)RecipientFoundationStatus
Purpose Of Grant Or ContributionGENERAL OPERATIONSPurposeOfGrantOrContribution
Amount$149,697Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year149697TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$75,141ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$75,141ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA75141TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryThomas Arrison, PC Acct & TaxCategory
Amount$2,800Amount
Net Investment Income1400NetInvestmentIncome

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

FieldValueIRS element (for citing)
ExplanationTHE FOUNDATION APPROVES GRANTS IN THE FIRST HALF OF ITS FISCAL YEAR AND MUST HAVE CASH AVAILABLE TO PAY THE GRANTS. THE AMOUNT OF $150,000 REPRESENTS THE GRANTS WHICH MUST BE MADE IN THE FISCAL YEAR ENDING APRIL 30, 2012 TO AVOID THE IMPOSITION OF SECTION 4942 TAXES. OTHER OPERATING EXPENSES CAN BE PAID FROM NORMAL CASH FLOW.Explanation

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncome
David Taylor, Esq Legal Fees$4,0002000
Linda Taylor Bookkeeping$3,0001500

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncome
Bank Service Charges64
Dues & Subscriptions695350
Insurance266266
Miscellaneous170
Website299

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases (2 entries)

DescriptionDescriptionAmountAmount
Realized Capital Gains$386,525
Adjustment to Unrealized Gains$7,184

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryCAMBRIDGE TRUST ADVISORS INVESTMENT MGMT FEESCategory
Amount$21,982Amount
Net Investment Income21982NetInvestmentIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncome
State Taxes$195
Federal Excise Tax$8,4928492
Foreign Tax$6060

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