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THE POSS FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
THE POSS FAMILY FOUNDATION (EIN 04-3412829)
Tax period
2025-01-01 to 2025-11-30
Filed
2026-06-02
IRS object ID
202641539349100319
Schema version
2025v4.0
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)
Return2026-06-02T15:53:18-04:00ReturnTs
Tax Period End2025-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061149587PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ADAMS SAMARTINO & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 273AddressLine1Txt
CityBRISTOLCityNm
State AbbreviationCTStateAbbreviationCd
ZIP060110273ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043412829EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE POSS FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O DR ELLEN M POSSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPOSSBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 WARREN STREETAddressLine1Txt
CityBROOKLINECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02445ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR ELLEN M POSSPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6175363090PhoneNum
Signature2026-06-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRIS ELLIOT CPAPreparerPersonNm
PTINP00068656PTIN
Phone8605838675PhoneNum
Preparation2026-06-01PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$213InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$213InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$28,857DividendsRevAndExpnssAmt
Dividends Net Invst Incm$28,857DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$132,831NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$684,602GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$132,831CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$161,901TotalRevAndExpnssAmt
Total Net Invst Incm$161,901TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$114,971LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$28,046OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$28,046OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$143,017TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$28,046TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,044,148ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,044,148ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,187,165TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$28,046TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,044,148TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,025,264ExcessRevenueOverExpensesAmt
Net Investment Income$133,855NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$55,497SavAndTempCashInvstBOYAmt
Other Investments BOY$863,968OtherInvestmentsBOYAmt
Total Assets BOY$919,465TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$919,465NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$919,465TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$919,465TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$0TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$919,465TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,025,264ExcessRevenueOverExpensesAmt
Other Increases$1,105,799OtherIncreasesAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEYP$10,091$11,697-$1,606-$1,606
MORGAN STANLEYP$268,055$263,342$4,713$4,713
MORGAN STANLEY- SEE ATTACHEDP$406,396$276,732$129,664$129,664
FieldValueIRS element (for citing)
Capital Gain Net Income$132,831CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,861InvestmentIncomeExciseTaxAmt
Subtotal$1,861SubtotalAmt
Tax Based On Investment Income$1,861TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,231EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,231TotalPaymentsAndCreditsAmt
Overpayment$370OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$370RefundAmt

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
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDR ELLEN M POSSIndividualWithBooksNm
Phone6175660119PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1450 WARREN STREETAddressLine1Txt
CityBROOKLINECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02445ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDR ELLEN M POSSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 WARREN STREETAddressLine1Txt
CityBROOKLINECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02445ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,609,199AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,810AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,640,009TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,640,009AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$24,600CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,615,409NetVlNoncharitableAssetsAmt
Minimum Investment Return$73,910MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$73,910MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,861TaxBasedOnInvestmentIncomeAmt
Total Tax$1,861TotalTaxAmt
Distributable Before Adj$72,049DistributableBeforeAdjAmt
Distributable Before Ded$72,049DistributableBeforeDedAmt
Distributable As Adjusted$72,049DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,044,148ExpensesAndContributionsAmt
Qualifying Distributions$2,044,148QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$72,049DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,692,414ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,370,508ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,169,089ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$405,888ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$275,984ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$7,913,883TotalExcessDistributionCyovAmt
Qualifying Distributions$2,044,148QualifyingDistributionsAmt
Applied To Current Year$72,049AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,972,099RemainingDistriFromCorpusAmt
Total Corpus$9,885,982TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,692,414ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$7,193,568ExcessDistriCyovToNextYrAmt
Excess From Year4$2,370,508ExcessFromYear4Amt
Excess From Year3$2,169,089ExcessFromYear3Amt
Excess From Year2$405,888ExcessFromYear2Amt
Excess From Year1$275,984ExcessFromYear1Amt
Excess From Current Year$1,972,099ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CENTER FOR ARTS - DESIGN AND
SOCIAL RESEARCH75 LINCOLN ROADWAYLANDMA01778PCPROMOTE CHARITABLE PURPOSE$450,000
NEW YORK LIVE ARTS
219 W 19TH STNEW YORKNY10011PCPROMOTE CHARITABLE PURPOSE$100,000
NEW YORK LIVE ARTS
219 W 19TH STNEW YORKNY10011PCPROMOTE CHARITABLE PURPOSE$25,000
MORGAN STANLEY GLOBAL IMPACT
FUNDING TRUST1585 BROADWAYNEW YORKNY10036PCPROMOTE CHARITABLE PURPOSE$1,429,998
MORGAN STANLEY GLOBAL IMPACT
FUNDING TRUST1585 BROADWAYNEW YORKNY10036PCPROMOTE CHARITABLE PURPOSE$37,959
MORGAN STANLEY GLOBAL IMPACT
FUNDING TRUST1585 BROADWAYNEW YORKNY10036PCPROMOTE CHARITABLE PURPOSE$1,191
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,044,148TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$213ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28,857ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$60ExclusionAmt
Related Or Exempt Function Incm$132,771RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$29,130ExclusionAmt
Related Or Exempt Function Incm$132,771RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$161,901TotalIncomeProducingActyAmt

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

Dissolution Stmt DissolutionStmt

Dissolution Information DissolutionInformationGrp (2 entries)

Business Name Line2BusinessName/BusinessNameLine2TxtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdShort ExplanationShortExplanationTxtDissolutionDissolutionAmt
MORGAN STANLEY GLOBAL IMPACT
FUNDING TRUST1585 BROADWAYNEW YORKNY10036TRANSFER OF STOCK TO DONOR ADVISED FUND$1,429,998
MORGAN STANLEY GLOBAL IMPACT
FUNDING TRUST1585 BROADWAYNEW YORKNY10036TRANSFER OF CASH TO DONOR ADVISED FUND$39,150

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemOTHER ASSETSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationSTATEMENT REGARDING FINAL RETURN AND DISTRIBUTION OF REMAINING ASSETS THE POSS FAMILY FOUNDATION EIN: 04-3412829 TAX YEAR ENDING: NOVEMBER 30, 2025 THIS STATEMENT IS ATTACHED TO THE FINAL FORM 990-PF FILED BY THE POSS FAMILY FOUNDATION. DURING THE TAX YEAR ENDING NOVEMBER 30, 2025, THE TRUSTEE APPROVED THE TERMINATION AND DISSOLUTION OF THE FOUNDATION. PURSUANT TO THAT AUTHORIZATION, THE FOUNDATION DISTRIBUTED ALL REMAINING ASSETS TO THE MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST, A QUALIFIED PUBLIC CHARITY ORGANIZATION DESCRIBED IN IRC SECTIONS 170(B)(1) (A)(VI) AND 509(A)(1), FOR DEPOSIT INTO A DONOR-ADVISED FUND.THE FINAL DISTRIBUTION OF ASSETS OCCURRED ON DECEMBER 10, 2025. FOLLOWING THE ABOVE DISTRIBUTION, THE FOUNDATION RETAINED NO ASSETS AND CEASED ALL OPERATIONS. THE ORGANIZATION IS FILING THIS FORM 990-PF AS ITS FINAL RETURN. ANY REMAINING LEGAL DISSOLUTION FILINGS REQUIRED UNDER STATE LAW WILL BE COMPLETED IN ACCORDANCE WITH APPLICABLE LAW.ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$114,971LegalFeesAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINDesc
Amt$1,105,799Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
MORGAN STANLEY$24,546$24,546
FIRST STATE TRUST COMPANY$3,500$3,500

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