STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE LAING FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE LAING FAMILY FOUNDATION (EIN 20-5649366)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-04-26
IRS object ID
201231179349100613
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)
Timestamp2012-04-26T10:15:27-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN043234294EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL F REILLY PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1392 MAIN STREETAddressLine1
CityHAVERHILLCity
StateMAState
ZIP Code01830ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN205649366EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE LAING FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLAINNameControl
Phone9783632264Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1356 MAIN STREETAddressLine1
CityWEST NEWBURYCity
StateMAState
ZIP Code01985ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDONALD LAINGName
TitlePRESIDENTTitle
Phone9783632264Phone
Date Signed2012-04-23DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMICHAEL F REILLYName
PTINP00077827PTIN
Phone9783721192Phone
Date Prepared2012-04-23DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY83911FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss2422InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm2422InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm2422InterestOnSavingsAdjNetIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Net STCG Adj Net Incm0NetSTCGAdjNetIncm
Total Revenue And Expenses2422TotalRevenueAndExpenses
Total Net Investment Income2422TotalNetInvestmentIncome
Total Adjusted Net Income2422TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss415AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm0AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss122TaxesRevAndExpnss
Taxes Net Invst Incm87TaxesNetInvstIncm
Taxes Adj Net Incm0TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss537TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm87TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss5795ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps5795ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss6332TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm87TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps5795TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-3910ExcessOfRevenueOverExpenses
Net Investment Income2335NetInvestmentIncome
Adjusted Net Income2422AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY87821CashBOY
Cash EOY83911CashEOY
Cash EOYFMV83911CashEOYFMV
Total Assets BOY87821TotalAssetsBOY
Total Assets EOY83911TotalAssetsEOY
Total Assets EOYFMV83911TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY87821UnrestrictedBOY
Unrestricted EOY83911UnrestrictedEOY
Total Net Assets BOY87821TotalNetAssetsBOY
Total Net Assets EOY83911TotalNetAssetsEOY
Total Liabilities Net Assets BOY87821TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY83911TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY87821TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-3910ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal83911Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY83911TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year16145QualifyingDistributionsYear1
Noncharitable Assets Year147551NoncharitableAssetsYear1
Distribution Ratio Year10.129230DistributionRatioYear1
Qualifying Distributions Year28841QualifyingDistributionsYear2
Noncharitable Assets Year247550NoncharitableAssetsYear2
Distribution Ratio Year20.185931DistributionRatioYear2
Qualifying Distributions Year310510QualifyingDistributionsYear3
Noncharitable Assets Year348421NoncharitableAssetsYear3
Distribution Ratio Year30.217055DistributionRatioYear3
Qualifying Distributions Year45755QualifyingDistributionsYear4
Noncharitable Assets Year451373NoncharitableAssetsYear4
Distribution Ratio Year40.112024DistributionRatioYear4
Qualifying Distributions Year50QualifyingDistributionsYear5
Noncharitable Assets Year5788NoncharitableAssetsYear5
Distribution Ratio Year50.0DistributionRatioYear5
Total Distribution Ratio0.644240TotalDistributionRatio
Average Distribution Ratio0.128848AverageDistributionRatio
Net Noncharitable Assets84578NetNoncharitableAssets
Adjusted Noncharitable Assets10898AdjustedNoncharitableAssets
One Percent Net Investment Income23OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One10921AdjNonchrtblAssetsAndOnePct
Qualifying Distributions5795QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax47InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal47Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income47TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due47TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithMAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation1PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr0ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameDONALD LAINGBooksInCareOfPersonName
Books In Care Of Phone Number9783632264BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1356 MAIN STREETAddressLine1
CityWEST NEWBURYCity
StateMAState
ZIP Code01985ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
DONALD K LAING
356 MAIN STREETWEST NEWBURYMA01985PRESIDENT0.00000
NANCY E LAING
1 ARBOR LANEPLAISTOWNH03865TREASURER AND CLERK0.00000
GEOFFREY LAING
62 KINGSTON ROADPLAISTOWNH03865DIRECTOR0.00000
G SCOTT LAING
21 WHIPPOORWILL DRIVENEWTONNH03858DIRECTOR0.00000
GREGORY J ENGLUND ESQ
101 FEDERAL STREET 3RD FLOORBOSTONMA02110RESIDENT AGENT0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL F REILLY CPABusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1392 MAIN STREETAddressLine1
CityHAVERHILLCity
StateMAState
ZIP Code01830ZIPCode
FieldValueIRS element (for citing)
Type Of ServiceACCOUNTINGTypeOfService
Compensation0Compensation
FieldValueIRS element (for citing)
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description126 ORGANIZATIONS SERVED WITH DIRECT CASH CONTRIBUTIONSDescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances85866AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets85866TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets85866AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1288CashDeemedCharitable
Net Noncharitable Assets84578NetNoncharitableAssets
Minimum Investment Return4229MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgXSect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions5795ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions5795QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions5795AdjQualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

FieldValueIRS element (for citing)
Date Of Ruling2006-10-06DateOfRuling
Section4942j3XSection4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

FieldValueIRS element (for citing)
Current Year2422CurrentYear
Year12378Year1
Year22378Year2
Year32421Year3
Total9599Total

Percent85 Of Lessor Percent85OfLessor

FieldValueIRS element (for citing)
Current Year2059CurrentYear
Year12021Year1
Year22021Year2
Year32058Year3
Total8159Total

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Current Year5795CurrentYear
Year16145Year1
Year28875Year2
Year310550Year3
Total31365Total

Qlfy Distri Not Used Directly QlfyDistriNotUsedDirectly

FieldValueIRS element (for citing)
Current Year0CurrentYear
Year10Year1
Year20Year2
Year30Year3
Total0Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

FieldValueIRS element (for citing)
Current Year5795CurrentYear
Year16145Year1
Year28875Year2
Year310550Year3
Total31365Total

Total Assets TotalAssets

FieldValueIRS element (for citing)
Year290354Year2
Year395212Year3
Total185566Total

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi

FieldValueIRS element (for citing)
Year290355Year2
Year395212Year3
Total185567Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

FieldValueIRS element (for citing)
Total0Total

Total Support TotalSupport

FieldValueIRS element (for citing)
Year299644Year2
Year396552Year3
Total196196Total

Public Support PublicSupport

FieldValueIRS element (for citing)
Year299644Year2
Year396552Year3
Total196196Total

Largest Support From EO LargestSupportFromEO

FieldValueIRS element (for citing)
Total0Total

Gross Investment Income GrossInvestmentIncome

FieldValueIRS element (for citing)
Year24431Year2
Year34046Year3
Total8477Total

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerDONALD K LAINGContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (21 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
BETH ISRAEL HOSPITAL
330 BROOKLINE AVEBOSTONMA02215N/APUBLIC CHARITYGENERAL FUND$100
CHILDRENS HOSPITAL
300 LONGWOOD AVEBOSTONMA02115N/APUBLIC CHARITYGENERAL FUND$250
EMMAUS HOUSE
150 HOW STHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$500
GROVELAND CHURCH BUILDING FUND
4 KING STREETGROVELANDMA01834N/APUBLIC CHARITYBUILDING FUND$1,000
GUATAMALEN TOMORROW FUND
609 N HEPBURN STJUPITERFL33458N/APUBLIC CHARITYGENERAL FUND$50
HAVERHILL BOYS CLUB
55 EMERSON STHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$500
HAVERHILL PUBLIC LIBRARY
99 MAIN STHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$350
HAVERHILL YMCA
81 WINTER STREETHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$120
JIMMY FUND
10 BROOKLINE PLACE WESTBROOKLINEMA02445N/APUBLIC CHARITYGENERAL FUND$100
LAHEY CLINIC
41 MALL RDBURLINGTONMA01805N/APUBLIC CHARITYGENERAL FUND$250
MERRIMACK VALLEY HOSPICE
360 MERRIMACK STREETLAWRENCEMA01843N/APUBLIC CHARITYGENERAL FUND$1,000
PENACOOK PLACE
150 WATER STHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$250
PENTUCKET REGIONAL SCHOLARSHIP FOUNDATION
PO BOX 36GROVELANDMA01834N/APUBLIC CHARITYGENERAL FUND$100
SAFER
10 BROOKLINE PLACE WESTBROOKLINEMA02445N/APUBLIC CHARITYGENERAL FUND$100
SALVATION ARMY
MAIN STREETHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$500
U S O
247 COMMERCIAL STBOSTONMA02109N/APUBLIC CHARITYGENERAL FUND$25
UNITED WAY
51 SLEEPERBOSTONMA02210N/APUBLIC CHARITYGENERAL FUND$100
YANKEE CLIPPER BSA
36 AMESBURY RDHAVERHILLMA01830N/APUBLIC CHARITYGENERAL FUND$250
BRIGHAM AND WOMEN'S HOSPITAL
75 FRANCIS STREETBOSTONMA02115N/APUBLIC CHARITYGENERAL FUND$100
WOODIE WEATON LAND TRUST
2 GROVE ROADFOREST CITYME04413N/APUBLIC CHARITYGENERAL FUND$50
HOME HEALTH VNA
95 PARK STREETNEWBURYPORTMA01950N/APUBLIC CHARITYGENERAL FUND$100
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year5795TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2,422ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$2,422ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA2422TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategory
Amount$415Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameDONALD K LAINGPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1356 MAIN SRAddressLine1
CityWEST NEWBURYCity
StateMAState
ZIP Code01985ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
US TREASURY$878700
STATE OF MASSACHUSETTS$35000