FURP.ORG / PUBLIC DATA EXPLORER

GANGULY FAMILY FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
GANGULY FAMILY FOUNDATION INC (EIN 22-3769532)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-04-12
IRS object ID
201221039349100112
Schema version
2011v1.2
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)
Timestamp2012-04-12T17:01:08-00:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LEONARD ZIMMERMAN CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1280 UNION HILL ROADAddressLine1
CityMANALAPANCity
StateNJState
ZIP Code07726ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223769532EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GANGULY FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGANGNameControl
Phone9737467245Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line196 COOPER AVENUEAddressLine1
CityUPPER MONTCLAIRCity
StateNJState
ZIP Code070432219ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameA GANGULYName
TitlePRESIDENTTitle
Date Signed2012-04-12DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLEONARD ZIMMERMANName
Phone7325360830Phone
Date Prepared2012-04-12DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY126696FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss5000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss16InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm31InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss2135DividendsRevAndExpnss
Dividends Net Invst Incm2020DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses7151TotalRevenueAndExpenses
Total Net Investment Income2051TotalNetInvestmentIncome
Other Expenses Rev And Expnss237OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm237OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm237OtherExpensesAdjNetIncm
Tot Opr Expenses Rev And Expnss237TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm237TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm237TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss7200ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps7200ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss7437TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm237TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm237TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps7200TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-286ExcessOfRevenueOverExpenses
Net Investment Income1814NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY16635CashBOY
Cash EOY16150CashEOY
Cash EOYFMV16250CashEOYFMV
Investments Corp Stock BOY85258InvestmentsCorpStockBOY
Investments Corp Stock EOY85457InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV110446InvestmentsCorpStockEOYFMV
Total Assets BOY101893TotalAssetsBOY
Total Assets EOY101607TotalAssetsEOY
Total Assets EOYFMV126696TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY101893CapitalStockBOY
Capital Stock EOY101607CapitalStockEOY
Total Net Assets BOY101893TotalNetAssetsBOY
Total Net Assets EOY101607TotalNetAssetsEOY
Total Liabilities Net Assets BOY101893TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY101607TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY101893TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-286ExcessOfRevenueOverExpenses
Subtotal101607Subtotal
Total Net Assets Fund Balances EOY101607TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax36InvestmentIncomeExciseTax
Subtotal36Subtotal
Tax Based On Investment Income36TaxBasedOnInvestmentIncome
Tax Due36TaxDue

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
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNJStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationtruePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressNoneWebsiteAddress
Books In Care Of Person NameDr Ashit K GangulyBooksInCareOfPersonName
Books In Care Of Phone Number9737467245BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line186 Cooper AvenueAddressLine1
CityUpper MontclairCity
StateNJState
ZIP Code07043ZIPCode
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 PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Dr Ashit Ganguly
96 Cooper AvenueUpper MontclairNJ07043President010.000
Jean Ganguly
96 Cooper AvenueUpper MontclairNJ07043Vic President010.000
Nomita Ganguly
133 St Botolphy StreetBostonMA02115Secy/ Treas010.000

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1Payments to 501(c)(3) charitable organizationsDescription1
Expenses17200Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1
Description2N/ADescription2

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities97851AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets97851TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets97851AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1468CashDeemedCharitable
Net Noncharitable Assets96383NetNoncharitableAssets
Minimum Investment Return4819MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return4819MinimumInvestmentReturn
Tax Based On Investment Income36TaxBasedOnInvestmentIncome
Total Tax36TotalTax
Distributable Amount Before Adj4783DistributableAmountBeforeAdj
Distributable Amount Before Ded4783DistributableAmountBeforeDed
Distributable Amount As Adjusted4783DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions7200ExpensesAndContributions
Qualifying Distributions7200QualifyingDistributions
Adj Qualifying Distributions7200AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted4783DistributableAmountAsAdjusted
Undistributed Income Prior Year4601UndistributedIncomePriorYear
Prior Year12007PriorYear1
Prior Year22008PriorYear2
Prior Year32009PriorYear3
Total For Prior Years18740TotalForPriorYears
Qualifying Distributions7200QualifyingDistributions
Applied To Year14601AppliedToYear1
Applied To Current Year2599AppliedToCurrentYear
Prior Year Undistributed Income18740PriorYearUndistributedIncome
Taxable Amount118740TaxableAmount1
Undistributed Income CY2184UndistributedIncomeCY

Private Operating Foundations PrivateOperatingFoundations

FieldValueIRS element (for citing)
Section4942j3XSection4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

FieldValueIRS element (for citing)
Current Year1814CurrentYear
Year11848Year1
Year21795Year2
Year33191Year3
Total8648Total

Percent85 Of Lessor Percent85OfLessor

FieldValueIRS element (for citing)
Current Year1542CurrentYear
Year11571Year1
Year21526Year2
Year32712Year3
Total7351Total

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Current Year7200CurrentYear
Year15350Year1
Year26950Year2
Year37950Year3
Total27450Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

FieldValueIRS element (for citing)
Current Year7200CurrentYear
Year15350Year1
Year26950Year2
Year37950Year3
Total27450Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

FieldValueIRS element (for citing)
Current Year3213CurrentYear
Year13548Year1
Year23543Year2
Year34399Year3
Total14703Total

Public Support PublicSupport

FieldValueIRS element (for citing)
Current Year3213CurrentYear
Year13548Year1
Year23543Year2
Year34399Year3
Total14703Total

Gross Investment Income GrossInvestmentIncome

FieldValueIRS element (for citing)
Current Year2151CurrentYear
Year11848Year1
Year21958Year2
Year33341Year3
Total9298Total

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerAshit GangulyContributingManager
Contributing ManagerJean GangulyContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (23 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
THE ALONSO FOUNDATION
10 WOODMERE RDWEST CALDWELLNJ07006HUMAITARIAN$200
MONTCLAIR AMBULANCE UNIT
95 WALNUT STREETMONTCLAIRNJ07042HUMAITARIAN$500
NJPAC
ONE CENTER STREETNEWARKNJ07102HUMAITARIAN$300
DOCTORS WITHOUT BORDERS
PO BOX 5022HAGERSTOWNMD21741HUMAITARIAN$300
UNICEF
PO BOX 27794NEWARKNJ07101HUMAITARIAN$450
EARTH JUSTICE
426 17TH STREETOAKLANDCA94612HUMAITARIAN$300
AMNESTY INTL
PO BOX 96756WASHINGTONDC20077HUMAITARIAN$100
WNYC RADIO
PO BOX 1550NEW YORKNY10116HUMAITARIAN$600
WLIW 21 NY PUBLIC TV
PO BOX 2100NEW YORKNY10116HUMAITARIAN$300
OXFOAM AMERICA
PO BOX 55807BOSTONMA02205HUMAITARIAN$400
IMPERIAL COLLEGE FDM
PO BOX 80526ATLANTAGA30366HUMAITARIAN$300
HUMANE NEEDS FOOD PANTRY
9 LABEL STREETMONTCLAIRNJ07042HUMAITARIAN$300
PLANNED PARENTHOOD
PO BOX 97166WASHINGTONDC20077HUMAITARIAN$300
AMERICAN ASSN FOR THE ADVANCEMENT O
PO BOX 632031BALTIMOREMD21298HUMAITARIAN$200
MONTCLAIR FMBA
551 VALLEY ROADUPPER MONTCLAIRNJ07043HUMAITARIAN$200
THE NY PUBLIC LIBRARY
476 5TH AVENUENEW YORKNY10138HUMAITARIAN$150
ROSIES PLACE
889 HARRISON AVENUEBOSTONMA02118HUMAITARIAN$300
BELMONT FOOD PANTRY
PO BOX 9191CONCORDMA01742HUMAITARIAN$300
HORIZONS OF HOMELESS CHILDREN
1705 COLUMBUS AVENUEROXBURYMA02119HUMAITARIAN$300
MONTCLAIR COMMUNITY PRE K
49 ORANGE ROADMONTCLAIRNJ07042HUMAITARIAN$300
FDN OF BELMONT EDUCATION
PO BOX 518BELMONTMA02478HUMAITARIAN$400
THE MAX ROGER FOUNDATION
1461 FIRST AVENUENEW YORKNY10075HUMAITARIAN$100
PBS THIRTEEN WNET
450 W 33RD STREETNEW YORKNY10001HUMAITARIAN$600
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year7200TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$16ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2,135ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$2,151ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA2151TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

FieldValueIRS element (for citing)
Line Number0LineNumber
Relationship StatementN/ARelationshipStatement

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

FieldValueIRS element (for citing)
DescriptionN/ADescription

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (5 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
2425 shares of Pfizer2517752477
843 shares of American Growth Fund2333023522
754 shares of Davis NY Venture Fund B2397924053
1086 shares of Satyam Computer Services30662541
575 shares of BlackRock Large Cap99057853

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionINVESTMENT FEEDescription
Revenue And Expenses Per Books237RevenueAndExpensesPerBooks
Net Investment Income237NetInvestmentIncome
Adjusted Net Income237AdjustedNetIncome

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameDR A GANGULTPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line196 COOPER AVENUEAddressLine1
CityUPPER MONTCLAIRCity
StateNJState
ZIP Code07043ZIPCode