STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE LAING FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE LAING FAMILY FOUNDATION (EIN 20-5649366)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-09
IRS object ID
201731299349101028
Schema version
2016v3.0
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)
Return2017-05-09T08:09:50-07:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Lopez Chaff & Wiesman Assoc IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1130 Parker St Ste 20AddressLine1Txt
CityLawrenceCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01843ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205649366EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LAING FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLAINBusinessNameControlTxt
Phone6033822434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 ARBOR LANEAddressLine1Txt
CityPLAISTOWCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03865ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNANCY E LAINGPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2017-05-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWilliam R Chaff EAPreparerPersonNm
PTINP00140276PTIN
Phone9786898822PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$168InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$168InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$168InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$168TotalRevAndExpnssAmt
Total Net Invst Incm$168TotalNetInvstIncmAmt
Total Adj Net Incm$168TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$465AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$30TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$495TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$64,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$64,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$64,695TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$64,200TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$64,527ExcessRevenueOverExpensesAmt
Net Investment Income$168NetInvestmentIncomeAmt
Adjusted Net Income$168AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$65,568CashBOYAmt
Total Assets BOY$65,568TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$65,568UnrestrictedBOYAmt
Tot Net Ast Or Fund Balances BOY$65,568TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$65,568TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$0TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$65,568TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$64,527ExcessRevenueOverExpensesAmt
Subtotal$1,041SubtotalAmt
Other Decreases$1,041OtherDecreasesAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$5,597AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$66,702NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.08391DistributionYr1Rt
Adjusted Qlfy Distri Yr2$5,350AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$70,805NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.07556DistributionYr2Rt
Adjusted Qlfy Distri Yr3$5,525AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$75,427NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.07325DistributionYr3Rt
Adjusted Qlfy Distri Yr4$5,370AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$80,358NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.06683DistributionYr4Rt
Adjusted Qlfy Distri Yr5$5,795AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$84,578NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.06852DistributionYr5Rt
Total Distribution0.368064TotalDistributionRt
Average Distribution0.073613AverageDistributionRt
Net Investment Income Pct$2NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$2AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$64,200QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$2InvestmentIncomeExciseTaxAmt
Subtotal$2SubtotalAmt
Tax Based On Investment Income$2TaxBasedOnInvestmentIncomeAmt
Tax Due$2TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1NANCY E LAINGBusinessNameLine1Txt

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11 ARBOR LANEAddressLine1Txt
CityPLAISTOWCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03865ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DONALD K LAING
356 MAIN STWEST NEWBURYMA01985President0.00$0
NANCY E LAING
1 ARBOR LANEPLAISTOWNH03865Treasurer0.00$0
GEOFFREY LAING
62 KINGSTON ROADPLAISTOWNH03865Director0.00$0
G SCOTT LAING
21 WHIPPOORWILL DRNEWTONNH03858Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description124 ORGANIZATIONS SERVED WITH DIRECT CASH CONTRIBUTIONSDescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$64,200ExpensesAndContributionsAmt
Qualifying Distributions$64,200QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$2PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$64,198AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2006-10-06PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$296Year1Amt
Total$296TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Year1$252Year1Amt
Total$252TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$64,200CurrentYearAmt
Year1$5,600Year1Amt
Year2$5,350Year2Amt
Year3$5,525Year3Amt
Total$80,675TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$64,200CurrentYearAmt
Year1$5,600Year1Amt
Year2$5,350Year2Amt
Year3$5,525Year3Amt
Total$80,675TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Year1$65,568Year1Amt
Year2$69,868Year2Amt
Year3$73,898Year3Amt
Total$209,334TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Year1$65,568Year1Amt
Year2$69,868Year2Amt
Year3$73,898Year3Amt
Total$209,334TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDONALD K LAINGContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ANA JAQUES
25 HIGHLAND AVENUENEWBURYPORTMA01950PCGENERAL FUNDS$500
BETH ISRAEL HOSPITAL
330 BROOKLINE AVENUEBOSTONMA02215PCGENERAL FUNDS$500
BRIGHAM AND WOMEN'S HOSPITAL
75 FRANCIS STREETBOSTONMA02115PCGENERAL FUNDS$500
EMMAUS HOUSE
150 HOW STREETHAVERHILLMA01830PCGENERAL FUNDS$1,000
GUATAMALEN TOMORROW FUND
609 NORTH HEPBURN STREETJUPITERFL33458PCGENERAL FUNDS$100
HAVERHILL BOYS GIRLS CLUB
55 EMERSON STREETHAVERHILLMA01830PCGENERAL FUNDS$500
HAVERHILL PUBLIC LIBRARY
89 MAIN STREETHAVERHILLMA01830PCGENERAL FUNDS$25,000
HAVERHILL YMCA
81 WINTER STREETHAVERHILLMA01830PCGENERAL FUNDS$200
MUSEUM OF OLD NEWBURY
98 HIGH STREETNEWBURYMA01950PCGENERAL FUNDS$500
DANA FARBER JIMMY FUND
10 BROOKLINE PLACE WESTBROOKLINEMA02445PCGENERAL FUNDS$50
LAHEY CLINIC
41 MALL ROADBURLINGTONMA01805PCGENERAL FUNDS$25,000
BOSTON CHILDREN'S HOSPITAL
300 LONGWOOD AVENUEBOSTONMA02115PCGENERAL FUNDS$500
RESERVE OFFICERS ASSOC
ONE CONSTITUTION AVE NEWASHINGTONDC20002PCGENERAL FUNDS$50
MERRIMACK VALLEY HOSPICE
360 MERRIMACK STREETLAWRENCEMA01843PCGENERAL FUNDS$100
PENTUCKET REGIONAL SCHOLARSHIP FOUN
PO BOX 36GROVELANDMA01834PCGENERAL FUNDS$100
SAFER
PO BOX 1531HAMPTONNH03843PCGENERAL FUNDS$500
SALVATION ARMY
MAIN STREETHAVERHILLMA01830PCGENERAL FUNDS$1,000
UNITED WAY OF MASS
51 SLEEPERBOSTONMA02210PCGENERAL FUNDS$100
YANKEE CLIPPER BSA
36 AMESBURY ROADHAVERHILLMA01830PCGENERAL FUNDS$2,500
SHRINERS HOSPITAL FOR HILDREN BOSTO
51 BLOSSOM STBOSTONMA02114PCGENERAL FUNDS$2,500
MASSACHUSETTS GENEAL HOSPITAL
125 NASHUA STREET SUITE 540BOSTONMA02114PCGENERAL FUNDS$2,500
GROVELAND CONGREGATIONAL CHURCH
4 KING STREETGROVELANDMA01834PCGENERAL FUNDS$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$64,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$168UnrelatedBusinessTaxblIncmAmt
Exclusion14ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$168UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$168TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$465Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationFoundation is terminating effective December 31, 2016. All funds have been disbursed for expenses or donations.ExplanationTxt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescEXPENSES TO CLOSE THE ACCOUNT. (TAXES,LEGAL)Desc
Amt$1,041Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryCOMM OF MASSCategoryTxt
Amt$30Amt