GOYAL FAMILY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GOYAL FAMILY CHARITABLE FOUNDATION INC (EIN 04-3495952)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-14
- IRS object ID
- 201341349349102374
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T14:43:50-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHAH DIXIT & ASSOCIATES PC CPAs | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 128 Wheeler Road | AddressLine1 |
| City | Burlington | City |
| State | MA | State |
| ZIP Code | 01803 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043495952 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOYAL FAMILY CHARITABLE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOYA | NameControl |
| Phone | 6172441420 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 WINSTON RD | AddressLine1 |
| City | NEWTON | City |
| State | MA | State |
| ZIP Code | 02459 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RAJ K GOYAL | Name |
| Title | President | Title |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHANDRAKANT V SHAH | Name |
| PTIN | P00536345 | PTIN |
| Phone | 7812297796 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 491284 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 237 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 10947 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 10947 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 10947 | DividendsAdjNetIncm |
| Total Revenue And Expenses | 11184 | TotalRevenueAndExpenses |
| Total Net Investment Income | 10947 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 10947 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 1074 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 1074 | AccountingFeesNetInvstIncm |
| Taxes Rev And Expnss | 287 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 287 | TaxesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 1361 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1361 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 29480 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 29480 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 30841 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1361 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 29480 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -19657 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 9586 | NetInvestmentIncome |
| Adjusted Net Income | 10947 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 10500 | CashBOY |
| Cash EOY | -13372 | CashEOY |
| Cash EOYFMV | -13372 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 41881 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 46096 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 46096 | SavingsAndTempCashInvstEOYFMV |
| Investments Other BOY | 454182 | InvestmentsOtherBOY |
| Investments Other EOY | 454182 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 458560 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 506563 | TotalAssetsBOY |
| Total Assets EOY | 486906 | TotalAssetsEOY |
| Total Assets EOYFMV | 491284 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 506563 | RetainedEarningsBOY |
| Retained Earnings EOY | 486906 | RetainedEarningsEOY |
| Total Net Assets BOY | 506563 | TotalNetAssetsBOY |
| Total Net Assets EOY | 486906 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 506563 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 486906 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 506563 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -19657 | ExcessOfRevenueOverExpenses |
| Subtotal | 486906 | Subtotal |
| Total Net Assets Fund Balances EOY | 486906 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | true | LiableFor4942Tax |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 192 | InvestmentIncomeExciseTax |
| Subtotal | 192 | Subtotal |
| Tax Based On Investment Income | 192 | TaxBasedOnInvestmentIncome |
| Tax Due | 192 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR RAJ K GOYAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 6172441420 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 WINSTON RD | AddressLine1 |
| City | NEWTON | City |
| State | MA | State |
| ZIP Code | 02459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| RAJ K GOYAL | ||||||
| 61 WINSTON ROAD | NEWTON | MA | 02459 | Director | 0.00 | 0 |
| RAJ K GOYAL | ||||||
| 61 WINSTON ROAD | NEWTON | MA | 02459 | Treasurer | 0.00 | 0 |
| RAJ K GOYAL | ||||||
| 61 WINSTON ROAD | NEWTON | MA | 02459 | President | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 435938 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 46946 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 482884 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 482884 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 7243 | CashDeemedCharitable |
| Net Noncharitable Assets | 475641 | NetNoncharitableAssets |
| Minimum Investment Return | 23782 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 23782 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 192 | TaxBasedOnInvestmentIncome |
| Total Tax | 192 | TotalTax |
| Distributable Amount Before Adj | 23590 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 23590 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 23590 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 29480 | ExpensesAndContributions |
| Qualifying Distributions | 29480 | QualifyingDistributions |
| Adj Qualifying Distributions | 29480 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 23590 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 22385 | UndistributedIncomePriorYear |
| Qualifying Distributions | 29480 | QualifyingDistributions |
| Applied To Year1 | 22385 | AppliedToYear1 |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 7095 | AppliedToCurrentYear |
| Undistributed Income CY | 16495 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RAJ K GOYAL | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | RAJ GOYAL | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 WINSTON ROAD | AddressLine1 |
| City | NEWTON | City |
| State | MA | State |
| ZIP Code | 02459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | N/A | FormAndInfoAndMaterials |
| Submission Deadlines | N/A | SubmissionDeadlines |
| Restrictions On Awards | N/A | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (10 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| INDIAN CIRCLE FOR CARING USA INC | |||||||
| 220 TOTTEN POND ROAD | WALTHAM | MA | 02451 | NONE | 501(C)(3) | COMMUNITY SUPPORT | $6,000 |
| WBER RADIO | |||||||
| BAIRD ROAD | PENFIELD | NY | 14526 | NONE | 501(C)(3) | MUSICAL ENRICHMENT | $120 |
| SANKARA EYE FOUNDATION USA | |||||||
| 1900 MCCARTHY BLVD 302 | MILPITAS | CA | 95035 | NONE | 501(C)(3) | MEDICAL CARE | $1,000 |
| ALZHEIMER'S ASSOCIATION | |||||||
| 225N MICHIGAN AVE FL 17 | CHICAGO | IL | 60601 | NONE | 501(C)(3) | MEDICAL CARE | $100 |
| LEARNQUEST | |||||||
| 711 Main Street | Waltham | MA | 02451 | NONE | 501(C)(3) | MUSICAL ENRICHMENT | $5,002 |
| Ekal Vidyalaya Foundation of USA | |||||||
| 3908 Westhollow Parkway | Houston | TX | 77082 | NONE | 501(C)(3) | Literarcy | $1,000 |
| SAHELI | |||||||
| P O BOX 1345 | BURLINGTON | MA | 01803 | NONE | 501(C)(3) | COMMUNITY SUPPORT | $250 |
| Ramakrishna Vedanta Society of Mass | |||||||
| 58 Deerfield Street | BOSTON | MA | 02215 | NONE | 501(C)(3) | RELIGIOUS | $1,008 |
| SARVA DEV MANDIR | |||||||
| 6 MAIN STREET | OXFORD | MA | 01540 | NONE | 501(C)(3) | RELIGIOUS | $1,000 |
| B W | |||||||
| 1400 VFW PARKWAY | WEST ROXBURY | MA | 02132 | NONE | 501(C)(3) | MEDICAL CARE | $14,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 29480 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $10,947 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $10,947 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 10947 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount | $1,074 | Amount |
| Net Investment Income | 1074 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| IRS - FROM 4720 | $237 | 237 |
| FORM PC - ATTORNEY GENERAL OF MA | $35 | 35 |
| COMM OF MASS - ANNUAL REPORT | $15 | 15 |
Comments